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Published byStephany Charles Modified over 8 years ago
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ONE WALL MAKEOVER - CANADA
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About Us Marsellus Carvalho Janice Noronha Rohan Ahalpara Niraj Agarwal Kunal Verma Marsellus Carvalho Janice Noronha Rohan Ahalpara Niraj Agarwal Kunal Verma®
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Asian Paints – Royale Play India’s Largest and Asia’s 3 rd Largest Paint Company with a turnover of Rs 96.37 Billion. Present in : South East Asia, South Pacific, South Asia and Caribbean Region Royale Play a collection of ready to use special effect interior wall paints. Inclusive of tools and comprehensive step by step tutorial guide. Low Maintenance and High Value.
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Asian Paints – Royale Play
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Royale Play - Business Problem To Determine the potential success of Asian Paints Royale - Do it yourself textured paints within the Paint Industry in Canada
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Research Problem http://smallbusiness.chron.com/examples-marketing-research-problems-23051.html
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Royale Play - Objectives To study the preferences of the public towards textured paints over traditional paints, wallpapers and deferrals. Determine if the potential consumers are willing to buy the product based on its price & concept. ($ 23 per liter) To measure the level of interest towards the product in Canada.
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Our Target Audience Age: 25 – 45 House Hold Income: $25,000 Per Annum and higher. Self Employed & Employed Home Owners
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Research Findings
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Key Metrics QuestionCriteriaBenchmarkResponse Household IncomeAbove $25,000 30 Whether people paint themselvesSelf Painting5063 Whether people would purchase the productYes6080 How the locals would rate the productExcellent5073 Would the public recommend the conceptYes6075
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Recommendation Since 43% usually seek professional help to paint their houses – We recommend that Asian Paints to introduce optional professional service. As only 3% of the population are aware of the textured paint concept – We recommend aggressive promotion and advertising. With regards to the distribution channel we suggest sales to retail outlets. We suggest to distribute the products through retail outlest as 84% of the respondents purch
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Conclusion There's a strong interest of Asian Paints Royale Play among the respondents with a 78% who rated the product excellent and 80% claimed that they would buy the product which states that the product is likely to be well accepted in Canada.
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