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SUBMITTED BY Tanveer Singh Rainu ROLL NO: A - 40 Master of Management Studies 2010-12
TO
OF
CERTIFICATE
This is to certify that the study presented by Tanveer Singh Rainu to the University of Mumbai in part completion of the two year full time degree of Master of Management Studies under the title of Customer Satisfaction Index has been done under my guidance.
To the best of my knowledge this project is in the nature of original work that has not been submitted for any degree of this University or any other University.
Table of Content
Sr No. 1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 2 2.1 2.2 2.3 2.4 3 3.1 3.2 3.3 3.4 4 4.1 4.2 4.2.1 4.2.2 4.2.3 4.2.4 4.2.5 4.3 5 Topic Introduction Corrosion Forms of Corrosion Corrosion in India Air Conditioners Market in India HVAC Market in India Company Profile Product FINCARE Research Profile Objectives of Research Literature Review Scope Limitations Research Methodology Research Design Sample Design Data Collection Tools Data Analysis Techniques Used Findings, Recommendations & Conclusion Data Findings & Analysis Recommendations Journals Exhibitions Registration with Associations Registration with B2B Websites Registration with LinkedIn Conclusion Bibliography Page No. 2 3 5 6 7 9 11 15 15 17 17 19 20 21 22 24 29 30 32 34 38 39 41 43
ACKNOWLEDGEMENT
During the perseverance of this project, I was supported by different people, whose names if not mentioned would be inconsiderate on my part. I would like to extend my sincere gratitude and appreciation to Prof. Poonam Chouhan who initiated me into the study of Promotion Strategies For FINCARE Anti-Corrosion Coating for Air Conditioner
It has indeed been a great experience working under her during the course of the project for her invaluable advice and guidance provided through out this project.
I would also like to thank the following people who through their experience have enlightened me on the practical aspects of this subject without whom the study would not have been carried out successfully. 1. Dr. Sachin Joshi - Director of SK Formulations India Pvt. Ltd. 2. Mr. Pradeep Ingle Chief Operating Officer SK Formulations India Pvt. Ltd.
PART 1 INTRODUCTION
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1.1 Corrosion
Corrosion is a process that takes place when essential properties within a given material begin to deteriorate, after exposure to elements that recur within the environment. Most often, this deterioration is noticed in metals and referred to as rust. What happens in this case is thechemical reactions that are set up by an exposure of the electrons in the metal to the presence of water and oxygen. As an example, a tin roof is exposed to the wind and the rain. Corrosion is an electrochemical reaction involving electron transfer between materials. One material is oxidised, and loses electrons. The other gains electrons and is reduced. The material that loses electrons is called the anode, while the one that gains electrons is called the cathode. Corrosion is the disintegration of an engineered material into its constituent atoms due to chemical reactions with its surroundings. In the most common use of the word, this means electrochemical oxidation of metals in reaction with an oxidant such as oxygen. Formation of an oxide of iron due to oxidation of the iron atoms in solid solution is a well-known example of electrochemical corrosion, commonly known as rusting. This type of damage typically produces oxide(s) and/or salt(s) of the original metal. Corrosion is a naturally occurring electrochemical process. The presence of a tiny amount of electrolyte on an unprotected metal surface can cause electrons to flow from a higher energy area (anode) to a lower energy area (cathode) initiating and sustaining corrosion. Microscopic droplets of water that are present in the air at 70-85% relative humidity most commonly serve as the electrolyte. THE CORROSION PROCESS: When moisture is present for prolonged periods of time, corrosion "cells" are formed. These cells act as miniature batteries, feeding the transfer of electrons as long as any oxygen-providing moisture is present.
Corrosion Process
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Pitting Corrosion Pitting is the most common form of corrosion found where there are incomplete chemical protective films, and insulating or barrier deposits of dirt, iron oxide, organic, and other foreign substances at the pipe surface. It is prevalent at galvanized steel pipe, where any failure of the galvanizing invokes a pitting condition. Pitting corrosion may include: crevice corrosion, water-line attack, under deposit attack, impingement or erosion corrosion attack, and concentration-cell corrosion.
Galvanized Corrosion This is an aggressive and localized form of corrosion due to the electrochemical reaction often found between two or more dissimilar metals in an electrically conductive environment. It occurs because the more electronegative material (the anode) is attacked by the more electropositive material (the cathode).
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Mic Corrosion Microbiologically Influenced Corrosion (MIC) is, by far, the most severe and threatening form of corrosion to HVAC piping systems.MIC is caused by the presence of various microbiological agents under specific environmental conditions - in some cases resulting in advanced and widespread failure of entire piping systems within a few years.
Erosion Corrosion This is the gradual and selective deterioration of a metal surface due to mechanical wear and abrasion.
CUI Corrosion Known as Corrosion Under Insulation, CUI is a significant threat to any piping system or holding tank which operates at lower temperatures in humid environments. CUI is commonly found at cold water domestic piping, free cooling condenser water systems, and especially at chill water piping - being most severe at the colder supply side piping.In extreme examples of high humidity, CUI corrosion will even occur on typically warm condenser water piping.
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Source Corrosion.doctors.org MOST (Ministry of Surface Transport) estimated that India loses about Rs 36,000 crore per annum due to corrosion. Corrosion is a natural impact of atmospheric environments like marine, industrial, urban and rural and affects the structural stability of buildings. The annual loss due to corrosion can be compared with that of other natural calamities like earthquakes and cyclones, only its impact is indirect. Loss due to corrosion has been reported to account for more failures in terms of cost and tonnage than any other environment. The overall loss due to corrosion alone amounts to at least 2 to 4 percent of GNP and at least 25 percent of this could be avoided by using appropriate corrosion-control technology.
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HVAC Market HVAC market in India has immense potential owing to the boom in the construction and infrastructure sectors. Though the market appears steady there are many innovations that need to be made to update its offerings. Though the market appears steady there are many innovations that need to be made to update its offerings. Commercial air-conditioning constitutes the bulk of the market share.
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HVAC Application
Office places
Government Facilities
HVAC
Multiplexes
Retail Outlets
Healthcare Facilities
Educational Facilities
HVAC Drivers Growth in construction industry. Government investment Constant flow of direct investment Geographical advantages
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Protective Coatings commonly used in Indian Industry Epoxy Coatings An epoxy coating or paint is a protective material made from epoxy-based resin. The advantages of epoxy paints are that they can handle full time immersion, strong chemicals, and are very impermeable as well as tough. Application Process: Epoxy coatings have two parts, the base and the curing agent. These components are stored separately from each other, and are mixed just before the epoxy paint is going to be applied. The secret to getting a good epoxy coating is found in the curing process. Once mixed together, your painting and coating contractor has a limited amount of time to apply the paint before it has dried too much for further use. The curing process affects the final finish of the epoxy coating. If the process is rushed by various factors, the coating will not be as tough or as durable as the project requires. Similarly, if the curing times are extended for too long, the final quality of the coating will suffer.
Enamel Coatings
It is a vitreous, usually opaque, protective or decorative coating baked on metal, glass, or ceramic ware. Enamel paint can be used to coat surfaces which are outdoors or practically any are that is subject to hard ware or have a variations in temperature. Application Process: Prepare the area. Select a workplace where enamel can dry better and where there is good enough ventilation to prevent suffocation or light-headedness from the potentially harmful chemicals that exude from the enamel. Start by applying a coat of primer on the material. This keeps it from growing mold, rusting and warping in time. It also keeps the following coat of enamel smooth and glossy when painted over the material. Constraints of the existing coating: Longer painting operation- waiting 12-24 hours of drying Complicated painting process- Mixing, curing & baking Delays in Dispatches & Prolongs Delivery Schedules Consumes energy
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Features: Self Priming- Usually an anti-corrosion coating requires an primer in the coating for adhesion to surface but this product does not requires an primer for adhesion. Single Component- The anti-corrosion products available in the market are twopacked system consisting of primer & thinner but this product is single pack system ready for use. Air Drying- Usually anti-corrosion coating requires 6-12 hours for drying but this product only requires 15-20 minutes for drying at room temperature. Resistance to chemicals- The product is resistance to Acids, Alkalis, and Chemicals. Resistance to fire- The product thermally stable upto 2000 C. Resistance to UV radiation- The product provides good UV resistance compared to the existing products.
Benefits: Superior Performance: The existing ant-corrosion products only provide maximum of 1 year of protection from corrosion but this product at least provides 3 years of protection from corrosion which increases the life of air conditioners Saves Cost: The existing anti-corrosion products requires mixing of primer which increases the cost but this product is single packed system does not requires mixing of primer. Saves time: Since the coating dries in 15-20 minutes thus it saves the time which can be utilized for other purpose. Saves energy: The existing ant-corrosion product requires baking thus increases the energy consumption but this product having drying capabilities in room temperature thus saves the energy consumed.
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Comparisons:
Table 1.1 Comparisons Parameter System Primer Drying / Curing Additional feature Touch up/Recoating UV Resistance Shades Polyurethane Two pack Necessary Long curing cycle Not available Not possible Poor Limited Shades Fincare Single pack Self priming Quick drying Resistance to fire Possible Excellent All Indian Standard Shades
Laboratory Testing:
Table 1.2 Laboratory Testing Parameters Salt Spray Test Immersion in cold water-7 days Immersion in boiling water- 24 hours Immersion in Lubricating oil-7 days Immersion in kerosene Thermal Stability Results 1500 hours No corrosion No effect observed No effect observed No effect observed No effect observed 2000 C (Continious)
Application Procedure:
SWOT Analysis:
Strength
Single pack ready to use system no mixing operation Quick drying at room Temp no need of Oven Baking Self priming no need to apply primer
Weakness
Opportunities
Threats
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Information for the supply chain process i.e. quality, delivery time, mode of payment, etc. Provides information about latest happenings of the industry the website is dealing to. B2B website is a low cost electronic medium to communicate about your products or services to the target markets. Nearly 90% of technical buyers use the internet to fulfill their business requirements. It is very easy to operate through B2B, all that is needed a web browser and internet connection. Before taking decision to invest in B2B portals certain points should be cleared in the buyer or sellers mind, like why they want to use this platform, decision about what are products that are to be displayed for sale on the website and to see to it that B2B marketing does not conflict with other marketing channels been used before. B2B Portals B2B portals have made possible for buyers and sellers to carry out sales and business activities online with the advantage of having choice of many companies that are listed through these websites for business purpose. There are many benefits coupled with B2Bs. B2B Magazines Today's successful B2B magazines have redefined themselves as multi-platform brands that provide a variety of information and services to their audiences and advertisers. Publishers are now applying their B2B magazine brands to a variety of products that serve their already existing audiences in new ways. Some are developing webinars, sponsoring trade shows, and creating online databases of information related to their topics, in addition to the now-commonplace websites, social media outreach, and digital editions. The role of actual print B2B magazines has shifted as well. Most of the news that these magazines once offered can now quickly be found online, so their publishers have had to focus on other kinds of content and find ways to play upon the unique strengths of print.
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2.3 Scope:
The research will determine the market demand for the product Fincare The research will determine the existing solution applied towards the problem of corrosion applied by the manufacturer of air conditioners. It will also determine is there a need for the anti-corrosion product in the market, what is the requirement of the manufacturer & maintenance official of air conditioner. The study will determine how to increase the amount of awareness about the product Fincare.
2.4 Limitations:
The samples for the study were those who were the members of the air conditioner association and the companies which were listed in magazine & websites. It was difficult to find the local manufacturer of air conditioner as they were neither listed in association nor they were registered in B2B websites. Some of the promotional strategies that are devised cannot be taken granted to increase the amount of response for the product.
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These classifications are made according to the objective of the research. In some cases the research will fall into one of these categories, but in other cases different phases of the same research project will fall into different categories.
Exploratory research has the goal of formulating problems more precisely, clarifying concepts, gathering explanations, gaining insight, eliminating impractical ideas, and forming hypotheses. Exploratory research can be performed using a literature search, surveying certain people about their experiences, focus groups, and case studies. When surveying people, exploratory research studies would not try to acquire a representative sample, but rather, seek to interview those who are knowledgeable and who might be able to provide insight concerning the relationship among variables. Case studies can include contrasting situations or benchmarking against an organization known for its excellence. Exploratory research may develop hypotheses, but it does not seek to test them. Exploratory research is characterized by its flexibility.
Descriptive research is more rigid than exploratory research and seeks to describe users of a product, determine the proportion of the population that uses a product, or predict future demand for a product. As opposed to exploratory research, descriptive research should define questions, people surveyed, and the method of analysis prior to beginning data collection. In other words, who, what, where, when, why, and how aspects of the research should be defined. Such preparation allows one the opportunity to make any required changes before the costly process of data collection has begun.
Causal research seeks to find cause and effect relationships between variables. It accomplishes this goal through laboratory and field experiments.
Sample size The sample size for the research was 20 respondents.
Sampling procedure The sampling procedure used in the research was convenience sampling: Non probability Sampling Non probability sampling is any procedure in which elements will not have the equal opportunities of being included in a sample. In non-probability sampling, you set criteria for elements to be included in the sample i.e. on basis of region, appearance and so forth hence limiting the chances of representation in the sample. the type of non- probability sampling procedure used was:
Convenience Sampling It is a sampling method in which units are selected based on easy access or availability. The disadvantage of convenience sampling is that the units that are easiest to obtain may not be representative of the population. For example products on top of a box of parts may be a different quality from those at the bottom, people who are at home when the market researcher calls may not be representative of the entire population. It is also called as Accidental Sampling.
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Pie charts A pie chart (or a circle graph) is a circular chart divided into sectors, illustrating proportion. In a pie chart, the arc length of each sector (and consequently its central angle and area), is proportional to the quantity it represents. Pie charts are common in business and journalism. However statisticians generally regard pie charts as a poor method of displaying information, and they are uncommon in scientific literature. One reason is that it is more difficult for comparisons to be made between the size of items in a chart when area is used instead of length and when different items are shown as different shapes. Along with this observatory tools were also used in order to determine the promotion strategies for the product.
Diagrams A diagram is a two-dimensional geometric symbolic representation of information according to some visualization technique. Sometimes, the technique uses a threedimensional visualization which is then projected onto the two-dimensional surface. A process-data diagram is a diagram that describes processes and data that act as output of these processes.
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Yes
No
95%
5%
Interpretation: The question asked was to determine the problem of corrosion. From the data collected 95% of the respondent faced the problem of corrosion. The reason behind the problem of corrosion was due to the increase in the saline climate. The saline climate increases the chances for the air conditioners copper tubes to form gaps in the tubes which result into the leakage of the gases. This leakage of gases reduces the performances of the air conditioner. The saline climate also causes the air conditioners fins to corrode which results the air conditioner to use high amount of energy for heat transfer which reduces its performance.
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Interpretation: The question was to analyse the current solution applied to overcome the problem of corrosion. From the above data collection the majority of the respondent did not applied any solution to overcome the problem of corrosion. The reason behind not to apply any solution was that majority of the respondent did not want to increase their cost of production by applying the solution. They find the existing solution to be complex and time consuming. Other respondent were applying the epoxy coating because they belief that there will be an increase in the performance of solution by undergoing various process of applying the coating. The next group of respondent were applying the enamel coating because of its cheap price tag.
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Cleaning
Mixing of Primer
Curing
Baking
Table 3 Application Process Interpretation: The data determined above is the existing application procedure of the anticorrosion coating, which was complex and time consuming. The application process was complex because there were many processes to be followed and any fault in the process will have an effect on the performance of the coating. The process was time consuming because before going for the next process the earlier process has to be finished, here in this case if cleaning is not done then primer will not adhesive to the surface and thus coating will be not bonding with the surface.
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Enamel Epoxy
PRODUCTS
Interpretation: The study over here was to determine the life offered by the anti-corrosion coatings to overcome the problem of corrosion. The data collections determines that the life expectancy of Epoxy coating is more than the life offered by the Enamel coating. Epoxy coating has better life because of its adhesive quality offered which is better than the Enamel coating. Enamel coating has the life expectancy of 6 months as its only acts as a very thin protective layer from corrosion compared to the Epoxy coating.
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Anti-Corrosion Coating
Prevent from leakage from copper tubes
Increase the life of the aluminium fins Providing prevention from corrosion without effecting on heat transfer
Table 5 Anti-corrosion Expectation Interpretation: From the data collection it can be analysed that there were three expectation from the anti-corrosion coating, that were; Prevent from leakage from copper tubes, Increase the life of the aluminium fins and Providing prevention from corrosion without effecting on heat transfer In an air conditioner the most prone area of corrosion in the air conditioners were the copper tubes, an hole due to corrosion get formed on these tubes which results in the leakage of gases. The second most prone area of corrosion in the air conditioners are its aluminium fins, which gets corrodes due to environmental condition consisting of humid & saline climate along with the exposure to the chemical environment near chemical plant and the direct exposure from the UV radiation from the sun. The basic property that anti-corrosion should have is to protect form corrosion, but it should perform this quality without having any effect on heat transfer, an effect on heat transfer will tend to consume more energy for cooling effect which in turn reduces its performance.
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4.2 Recommendations:
There is a continuous problem of corrosion faced by the manufacturer/ maintenance officials of air-conditioners. As corrosion is a natural phenomenon each & every respondent is looking for the solution to overcome the problem. For the protection against the corrosion the manufacturer/ maintenance officials apply epoxy/enamel. Most of the manufacturer/ maintenance officials of air-conditioners do not apply any anti-corrosion coating for the air-conditioners as it increases their cost of production. An addition process towards the manufacturing of the air-conditioner will not only increase the cost of production but also will increase the time consumed for the manufacturing process to be completed. The application process of the existing anti-corrosion coating is complex & time consuming, the application has to be followed step by step any malfunction in the process will have the effect on the quality of anti-corrosion. Their main requirement from the anti-corrosion coating was that it should provide protection against the leakage from the copper tubes and also increase the life of the aluminium fins without having effect on the heat transfer. The product offered by the company FINCARE fulfils the problem that are arising by the usage of the anti-corrosion coating that is; simple process, less time consuming fulfilling the expectancy form the anti-corrosion coating and great performance. So in order to fulfil the criteria of the corrosion on air conditioners, the company need to create an awareness of the product There is a need for the product in the market however the company has not applied any particular marketing techniques. The company should create promotion strategies which will help to create awareness for the product through the use of techniques like publishing an article/ advertisement on the air-conditioners journals, take part in aircondition exhibitions, e-marketing with the use of emails, news-letters, linking the company with various b2b websites & social networking sites. On the basis of the recommendation following promotion strategies the company should apply:
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Air-Conditioners manufacturer/ maintenance officials prefer magazine/journals regarding the latest news & the technology in the field of the Air-condition and refrigeration and HVAC&R Market and Industry. Creating awareness with the help of magazine/journals will allow the company to expand its market nationally & inter-nationally as these magazine/journals are supplied all over the world. An article on anti-corrosion coating or an advertisement in the magazine/journals will be helpful for creating awareness of anti-corrosion product. There are various magazine/journals regarding Air-condition and refrigeration and HVAC&R Market and Industry present. Following are the details of the Indian Journals: AIR CONDITIONING AND REFRIGRATION JOURNALThe magazine of the Indian Society of Heating, refrigerating and Air Conditioning Engineers
AIR CONDITIONING AND REFRIGRATION JOURNAL is the magazine published by the ISHRAE (Indian Society of Heating, refrigerating and Air Conditioning Engineers). ISHRAE is an associate of ASHRAE (American Society of Heating, Refrigerating and Air Conditioning Engineers). ISHRAE started at Delhi in 1981 and a Chapter was started in Bangalore during 1989. Between 1989 & 1993, ISHRAE Chapters were formed in all major cities in India and also in the Middle East. Currently it operates 35 chapters. Published every quarterly since the past 11 years, ISHRAEs Air Conditioning & Refrigeration Journal has an circulation of 10,000 copies. ISHRAE publications strive to help readers keep up to date with the happenings, learn new techniques, improve old designs and adopt the use of new devices to improve indoor air quality in our buildings.
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Cooling India- Chary Publications Cooling India is the only monthly magazine on HVACR industry in India having more than 12,000 circulation and largest reach, dedicated to air conditioning & refrigeration, HVACR and building automation industry, covering indepth information on this technologically advancing industry. Being read and circulated to all the Manufacturers, Distributors, Dealers, Consultants, Contractors, Service Engineers & Contractors of Air Conditioning and Refrigeration Industry. And also to the members of various associations of HVAC Industry and various Corporate Business Houses, as complimentary. It also covers various core aspects of the HVACR industry, and interviews of eminent persons from the Industry apart from the mind-blowing articles. It has been seven years for the magazine present in the market.
Following are the list of the International Journals which are also referred by the air conditioners manufacturers: International Journal of Air-Conditioning and Refrigeration (IJACR) JARN Ltd. (Japan Air Conditioning, Heating & Refrigeration News, Ltd.) The RACA (Refrigeration and Air conditioning Africa) Journal Refrigeration and Air Conditioning Journal- China Refrigeration and AirConditioning Industry Association (CRAA)
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4.2.2
Exhibitions:
Creation of awareness through exhibition will allow the company to reach the mass consumers for the product. The sole exhibition for the Air-conditioning & Refrigeration Industry in India is:
Exhibitors showcased products that conform to the Energy Conservation Building Code, 2007 of the Bureau of Energy Efficiency Solar Energy for Air-conditioning was featured by Mamata Energy of Ahmedabad The Indian Green Building Council (CII organization) and the Bureau of Energy Efficiency (Govt. of India) were both supporting agencies that influence the development of the Industry and its products. ASHRAE (The American Society, with 55 000 members) endorsed ACREX for the 1st time with an active contribution to Workshops, Seminars and overall Promotion The event was produced professionally by UBM, a leading International Media and Exhibition Company ACREX INDIA 2011 ACREX India has steadily grown since its inception and convinced everyone with its brilliant performance in 2010 with more than 300 exhibitors and over 20,000 trade visitors. In its 12th edition, ACREX India 2011 returns to New Delhi with a promise to surpass all previous expectations and to offer a perfect stage for industry gettogether with a focus on future trends. This Exhibition is organized by Indian Society of Heating, Refrigerating & Air Conditioning Engineers (ISHRAE) and supported by large number of professional societies from India and abroad. ACREX INDIA will provide an ideal platform for exchange of ideas among professionals and opportunity to highlight latest products, trends & innovations in the industry.
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ACREX INDIA 2012 Date: Feb 24-26, 2012 Venue: Bangalore Introduction: ACREX India, the coolest event of the year, invites you to the Industry highlight of 2012. ACREX India has steadily grown since its inception and convinced everyone with its brilliant performance in 2010 with more than 300 exhibitors and over 20,000 trade visitors. In its 13th edition, ACREX India 2012 returns to Bangalore with a promise to surpass all previous expectations and to offer a perfect stage for industry get-together with a focus on future trends. This Exhibition is organized by Indian Society of Heating, Refrigerating & Air Conditioning Engineers (ISHRAE) and supported by large number of professional societies from India and abroad. ACREX INDIA will provide an ideal platform for exchange of ideas among professionals and opportunity to highlight latest products, trends & innovations in the industry. There are also some events in the AC&R industry one of them is the COMFEX
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Title: FEBRAVA Date: Sep 20-23, 2011 Venue: Centro de ExposiesImigrantes(Brazil) FEBRAVA is the leading industry trade fair, with great international recognition. The 17th Edition offers all the tools you need to elevate your sales. The main market players, HVAC-R from Brazil and abroad will be there to seek partnerships that generates excellent results.
Title: AHR EXPO Date: Jan 23-25, 2012 Venue: Chicago As the largest and most comprehensive HVAC/R exclusive event, the AHR Expo attracts tens of thousands of attendees from all facets of the industry, including contractors, engineers, dealers, distributors, wholesalers, OEMs, architects, builders, industrial plant operators, facility owners and managers, agents and reps. Since 1930, the AHR Expo has been the HVAC/R professional leading resource for new products, new ideas and new services.
Title: China Refrigeration Date: April 7-9. 2012 Venue: China The 22nd International Exhibition for Refrigeration, Air-conditioning, Heating and Ventilation, Frozen Food Processing, Packaging and Storage (CHINA REFRIGERATION 2011) will be held on April 7-9, in Shanghai New Int'l Expo. Centre.
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Title: AIRCON Middle East 2012 Date: May 22-24, 2012 Venue: Bahrain "AIRCON" is the annual trade exhibition for Air conditioning, Heating and Refrigeration industry in the region, and the trade meeting point for HVAC&R professionals, where the suppliers and manufacturers can display and present latest products with trends and network with engineers, contractors, key buyers, leading decision makers and senior governmental officials.
Title: CHILLVENTA 2012 Date: Oct 10-12, 2012 Venue: Nuremberg, Germany Chillventa convinced everyone with its brilliant start the more than 29,000 trade visitors as well as the over 800 international exhibitors. No wonder, for everything about this exhibition is perfectly: Nuremberg with its more than 20-year tradition as a venue for refrigeration, air conditioning The cost-effective and innovation-orientated two-year cycle Even more attractive supporting programme Chillventa Congressing More than 80 % of visitors are decision-makers In short, the experts meet at Chillventa. And as appropriate for a real industry gettogether, this is where the issues of the future are tackled, e.g. at the special shows like the Industrial Heat Pump Village and Cleanroom Village or at the ASERCOM Symposium and Heat Pump Symposium.
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4.2.3
Registration with the association will allow the company to get updates from the AC&R industry and many other benefits. Following are some of the association:
ISHRAE Members can purchase ASHRAE Publications at 33% discount as applicable to ASHRAE Members. ISHRAE has easy access to ASHRAE Technical Papers. ISHRAE Library will receive all ASHRAE Journals & Transactions. ISHRAE Members can apply for ASHRAE Membership without Reference requirement. Why Join ISHRAE:
A Premiere Technical Society exclusively for AC & R community. A well organized and professionally run Technical Society. Membership for individuals only, No Corporate Membership. Easy access to all ISHRAE Technical Publications. Excellent opportunities to interact with other Professionals, Industry Leaders and key Decisions Makers in the Profession and Industry. International exposure through ASHRAE association. An excellent forum for Professional Development and continuous Training & ReTraining Future Plans.
About ISHRAE website: ISHRAEs web-portal, www.ishrae.in is the most comprehensive online source of commercial and technical information for HVAC&R engineers in India. Sponsored by several leading companies, the portal is loaded with relevant and useful information; News, Events, Books, Products, Training & Workshops, Trade shows, Students Activities, Links to various software downloads and much more.
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RAMA Refrigeration and Air conditioning Manufacturers Association The Refrigeration & Air-Conditioning Trades Association Ltd popularly known as RATA was established in the year 1949. The Association is a dynamic service organization playing vital role at various level for the development and growth of Airconditioning & Refrigeration Industry and trades. Vision & Mission To promote the overall growth of Air-conditioning & Refrigeration Industry in India, keeping in mind the larger economic goals of: Maximizing investments in India. Maximizing job creation in India To collect and disseminate industry statistics relating to production, sales and other vital economic indicators to members, CII and the Government. To conduct research and facilitate research in matters relating to the AC&R industry. To organize/facilitate seminars, conferences, lectures for the benefit of people in the AC&R industry. To work with other Industry Associations and Scientific bodies such as ISHRAE/ ASHRAE/ ARI to achieve the following: Keeping RAMA members abreast of latest standards & developments. To facilitate adoption of standards relating to manufacturing, energy efficiency, environment management, etc.
AIACRA
All India Airconditioning& Refrigeration Association popularly known as "AIACRA" was established in the year 1961. The Association is a dynamic service organization playing a pivotal role at various levels for the development and growth of AirConditioning and Refrigeration Industry and Trade in India. Prior to the formation of this Central Association, there were four Zonal Associations constituted at Mumbai, Delh, Kolkota and Chennai in order to help the growth and consolidation of Air conditioning and Refrigeration Industry and removal of restrictions or simplification of procedures adopted by various Government Departments. As soon as the Industry found its native roots, it began sprouting quickly and a large number of entrepreneurs entered the field of Air conditioning and Refrigeration. With the increased tempo in the factory premises mounted its problems too. Expedient measures become necessary to streamline its multifarious activities. It was then decided to form this Association with its Head Quarters at Delhi.
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4.2.4
Online business directories like B2B Yellow Pages are also coming up with many unique facilities and features for global online traders like shopping cart, payment gateways, membership discounts and so on. Also known as Business Directories, these have a huge list of online Manufacturers, Buyers, Sellers, Exporters and other online Traders. In such B2B directories, a huge range of products and services from agricultural products, electrical equipments, toys to fashion accessories, cars, electronics, printing products, power plants products and services from property consultancy to company registration services are available. All such products are advertised by different manufacturers and buyers for the exporters/traders and sellers. They have the option of creating an account for marketing their products and services through this medium to invite relevant sale/buy leads. They act as a common platform both for buyers, sellers, manufacturers and exporters from all over the world. For developing countries, these serve as a link for marketing their products and services to the developed countries. With the help of these portals, importers and buyers can showcase their products at very reasonable rates.
Trade directories play a vital role for Trade and Commerce. All these B2B portals not only save time but also a substantial amount of money for businesses all over the world as they are one of the simplest ways of increasing business efficiency and revenue. By using such modern techniques and methods, B2B portals are helping in successful promotion of all types of small scale to large scale businesses. What Must Buyers and Suppliers Do On a B2B Website: B2B websites basically serve as an intermediary where both importers and exporters come and post their buying requirements or selling leads. Buyers and suppliers must post their buying and selling leads on B2B websites because if they dont post their leads, their businesses wont be found in search results. Therefore, it is highly important to fully utilize the facility of posting products and selling leads on a B2B website. Types of Memberships on a B2B Website: There are two types of memberships available on most B2B websites. 1. Free Membership: Any trader can create an account free of cost. However, this type of membership provides limited access to buyers and their buying requirements. 2. Premium Membership: This is paid membership. This membership gives complete access to all the buyers along with priority ranking in buyers search results.
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4.2.5
Fashion, Technology, Education, Research and many other sectors have experienced tremendous growth in the last decade due to the increased use of internet. Many websites are promoting their identity and business on the online search engines to get exposure in the international business sphere. Orkut, Facebook, Hi5, LinkedIn are some of the networking sites that have not just brought people closer for their personal networking but also help in the propagation of business ideas. LinkedIn, the worlds biggest business network, can and should be an important part of your companys social media strategy. Its not just for job hunters anymore; having a company page and personal profile on LinkedIn is an opportunity to put your business in front of the eyes of LinkedIns 100 million members. By creating a LinkedIn group, your business can have an extension of your corporate website that can be used as a marketing tool. If you have a smaller company you might even be surprised to find that your new networking group attracts more web hits than your corporate website, and that it enables you to reach your local market better than many of the other marketing vehicles available such as phone books or online yellow pages. These networking groups can succinctly promote your businesss product or services, contain links to your main website, and perhaps most importantly provide a platform for providing collaboration that allows others inside and outside of your company to post content such as videos, photos, notes, and links.
LinkedIn Increases Local Business Credibility Showcasing the local company's products, services, accomplishments, affiliations, and credentials on LinkedIn is great for promoting local business' online credibility, building contacts, and boosting brand reputation. Local businesses tap the power of LinkedIn to successfully build relationships by being open, honest, and communicating constructively. How LinkedIn Can Help Your Business There are several social networking sites floating around the internet right now, but which one will help your business grow? In 2003, a social networking site was created specifically for professionals. It is called LinkedIn. Entrepreneurs, business owners and their employees should create an account on LinkedIn. The creation of LinkedIn was for the purpose of making connections with other businesses around the country and the world, to network and share ideas. It is geared toward those in business. The connections you make on LinkedIn can help further your career and bring in new clients.
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LinkedIn can benefit the business with: 1. Lead Generation Turning your leads into customers or clients will increase significantly with networking. LinkedIn lets you network with others who are in complimentary industries and who share your interests with groups. You can also connect with people you already know and they can introduce you to people they are connected with. 2. Watch Your Competition Its important to see what your competition is doing. LinkedIn lets you view your competitions clients, references and recommendations, which may not be otherwise available. 3. Greater Visibility Google indexes your LinkedIn profile. This means your business will have a large web presence. By having a large web presence, your business can be found by doing a Google search for companies in your industry. You need to use this option to make your company more visible to your potential clients. 4. Conduct Market Research With LinkedIn, you can conduct market research with your target audience. You can search LinkedIn to find out how much of a demand there is for your type of business. LinkedIn also offers a Q & A feature. Take advantage of this feature because this is where you can ask questions and receive feedback from your potential customers or clients. 5. Introductions You can connect to people you already know, and you can ask them to introduce you to the people know who will be beneficial to your business. Having your connections introduce you to their other connections will greatly improve your credibility in the business world. 6. Recommendations With LinkedIn, your connections have the option of recommending you and/or your business to the rest of the network. Word of mouth is the best kind of marketing so use it to your advantage. Your recommendations will have the potential to increase your chances of getting new clients or customers. LinkedIn is the social networking site to assist in promoting your business. It will also help to build long-term business relationships that could become profitable for you and your connections. If all of the companies on the Fortune 500 list use LinkedIn, there must be a good reason.
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4.3 Conclusion:
The manufacturer and the maintenance officials of the air conditioners are looking for the anti-corrosion coating which has an easy application procedure, less time consuming, less energy consumption and great performance which are fulfilled by the product FINCARE. As the company has not devised any promotion strategy for the product, the recommended promotion strategy will create market awareness for the product. The market awareness will not only solve the problem of corrosion faced by the manufacture of air conditioners but also increase its presence in the market. The first step of the market awareness is through advertising or publishing article in air conditioners journals this will allow the company to reach the target consumers of the anti-corrosion coating. The next recommendation devised is through the exhibition which will allow the company to reach the consumer spread world-wide along with creating market presence in mass. The next recommendation is through registration with association which will help the company to know the corrosion problem faced by the air conditioners companies and act together to solve the particular problem. Through registration through B2B website will allow the company to create market awareness among the B2B customers in large. Along with the registration through LinkedIn it will help the company to convert the lead generation. With the prescribed recommendation the company should be able to create the awareness for the product FINCARE which will increase its market presence. Along with the prescribed recommendation for the promotion of the product there should be continuous innovation on the product which will help the company the tackle the problems faced by the air conditioners industry.
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PART 5 BIBLIOGRAPHY
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Bibliography Webiography
http://www.researchonindia.com/ http://en.wikipedia.org/wiki/Corrosion http://www.corrosion-doctors.org/AtmCorros/mapIndia.htm http://www.adi-media.com/ http://www.acrex.org.in/ http://www.aiacra.com/ http://www.ishrae.in http://linkedinformarketing.com/ http://www.pitchengine.com
Journals
Name Cooling India Air Conditioner and Refrigeration Journal Volume 7 22 Number 1 4
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