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A Project On


   “MARKET RESEARCH OF NEW PRODUCT”



For the fulfillment of B.Com Degree Sem.-V, Div-A
               in the Subject of A.M.M.



                   Submitted To:-
               Department of Management,
          Ashvinbhai A. Patel Commerce Collage,
              2nd Floor, S.K. Patel Building,
            Sector-23, Gandhinagar – 382 023.




                   Project Guide:-
                 Prof. Sonal Madam
        Ahsvinbhai A. Patel Commerce Collage,
              Sector – 23, Gandhinagar.
Research Scholars


Sr. No.             Name of the Student   G.R.No.   Roll No.
  1        Sakhiya Piyush P.               5330       147

  2        Tambadiya Moshin A.             5039       145

  3        Sachora ramiz J.                4714       125

  4        Sanghariyat Jainafbanu M.       4412       126

  5        Prajapati Parth D.              4531       118

  6        Prajapati Krunal C.             4532       117

  7        Goswami Ronak K.                4529       21

  8        Darji Shital N.                 4451       10

  9        Dave Heli P.                    4486       12

  10       Thakar Ronak J.                 4445       139
INDEX
Introduction
 Sr.                         Title            Page No.
 No.
1    Introduction                                1

2    INTRODUCTION OF COMPANY                     2

3    INTRODUCTION OF PRODUCT’S                   3
      -PRODUCTS DESCRIPTION
4    INTRODUCTION OF NEW PRODUCT                 4
     -ABOUT THE PRODUCT
     -LATEST DESIGN
     -DURABLE AND RELIABLE
     -Fact File
5    Photos                                      5
6    New Product Development Process             6
       1. IDEA GENERATION
       2. IDEA SCREENING
       3. FEATURES & BENEFITS
7    Questions for market research on a new      7
     product
8    OVERVIEW OF NEW PRODUCT LAUNCHES            8
     STUDIED
9    Statistical Analysis                        9

10   Marketing Research report                  10
     For New Product
11   CONCLUSION                                 11
INTRODUCTION OF COMPANY




MOKSHA TECHNOLOGY & HAMMER PVT. LTD.
has become a leading manufacturer in field of
construction equipments producing boom
mounted Hydraulic Breaker and Hydraulic
Vibratory Hammer introduces a new generation
and the best solutions of Hydrualic attachments.
MOKSHA TECHNOLOGY & HAMMER PVT.
LTD.exports its products to mainly Central Asia
    exports
and other more 30 countries such as America,
India, Malaysia, Hong Kong, Thailand etc.
 And especially in Central Asia markets, our
products enjoy reputation as a brand
of the highest value.


Our supplying of products in various articles
and    excellent   quality has     given the
trustworthiness and recognition from our
customers and also competitive quality
and best delivery is our company's unique and
outstanding     merit    not  able     to  be
compared with other's.


We are devoting ourselves to provide you
high quality products and prompt
service and developing new technology
focus on the realization of customer's
satisfaction   by   manufacturing     good
products, which made it possible to acquire
high reputation from worldwide clients and
to be best       company    in   the   21st
century.



Our technical engineering and stringent
quality control and more than 17 years
combination of various construction field
experiences in Hydraulic Attachments
help ensure long products life with
consistent high quality output.

We are always thinking of customer side.




                                    Thanks
INTRODUCTION OF PRODUCT’S

Hydraulic Hammers
PRODUCTS DESCRIPTION



All products are not only well sold in
China, but also to Southeast Asia, Middle
East, Australia, India, Africa, Europe and
America.

 In order to meet the requirement of
international market, FOTMA will strive
to upgrade our products and keep on
innovation so as to provide perfect
products and best service to the
customers both from domestic and
abroad.
INTRODUCTION OF NEW PRODUCT



The concept of the high performance
boom-mounted hydraulic hammer was
pioneered by Moksha Construction
Products, LLC. Moksha, which continues
to lead the industry, has combined
performance, efficiency and reliability in
their boom-mounted Sandvik hydraulic
hammers, the Moksha AR Series™, and
the Hy-Ram™ Series breakers to offer
several design advantages over other
hammer manufacturers.
Moksha is launching the new T&H
850 hydraulic breaker, which is lighter
than its predecessor but offers better
performance and higher efficiency.

This breaker is 130 kg lighter and its
service weight of 4,100kg enables use of
smaller carriers of 40tonnes to 70tonnes.

"Both in terms of performance and
efficiency, the improvement in
comparison to the predecessor model is
considerable," said product line manager
for hydraulic breakers Gordon Hambac.
"We were able to achieve increases in the
double-digit percentage range."
New Product Development Process




1. IDEA GENERATION


I have an idea for a new T&H 850 for huge
construction    -I      have   searched   for   a
manufacturer, but it seems all roads lead to
other country. So than after I Diagram and
describe our product, keeping all our creativity
channels open. Draw your vision of the idea
before I conduct a product search, so that I do
limit our originality. Graph paper can help the
dimensionally-impaired draw their products in
relative perspective.
2. IDEA SCREENING


A unique, fully patented major safety feature
of the TEFRA Coupler.


The Smart Valve is a simple, patented, totally
effective solution ensuring that the
attachment and release sequence cannot be
started until the Coupler is orientated
towards the operator and close to the
ground. This eliminates the possibility of an
unsafe situation occurring.

The Smart Valves compact design means it
can be totally enclosed within the hydraulic
cylinder at the centre of the Coupler; this
protected position means it cannot be
contaminated.
3. FEATURES & BENEFITS



   All   units    are    computer     designed   and
   engineered to meet customer’s specific
   applications.


    Choose from heavy duty or extra heavy duty
   booms to handle hammers up to 4,000
   pounds.



    Control stations and power units are
   matched       to     the   boom,   breaker    and
   application to maximize production.
Power packages are available in three
models   to   suit   job   applications   and
operational needs.



Choose from select hydraulic hammers with
wide ranging breaking forces to provide
outstanding versatility.

Available options include insulated, climate-
controlled, sound-proof cabs; centralized
lubrication systems; and waist-mounted
operational controls.
PHOTOS
Questions for market research on a
new product

Full Name: _____________________________________________________________________________________

Date of Birth: DD/MM/YY

Permanent Residential address: ___________________________________________________________

Office address: ________________________________________________________________________________

Telephone no (M): ___________________________________ (R) __________________________________

E-mail id: ___________________________________


1.     How would you rate the attractiveness of our product?

       o      Very attractive                       Attractive
       o      Neutral                               Not attractive at all
2.     Do you find the product easy to handle?

       o      Yes
       o      No
3.     How advanced do you find the technology of our
       product?

       o      Very advanced
       o      Advanced
       o      Normal
       o      Not so advanced
4.   If you are not likely to use our new product, why not?

     o   Do not want a product like this
     o   Satisfied with competing products currently
         available
     o   Cannot pay for a product like this
     o   Not willing to pay for a product like this
     o   Other (please specify)


5.   What is the least attractive factor about our product?

     o   Design
     o   Handling options
     o   Technology
     o   Price
     o   Other
6.   Have you used similar product of another brand?

     o   Yes
     o   No
7.   Do you find the price of the product reasonable?

     o   Yes
     o   No
8. How would you rate your experience of using our
product?

    o    Excellent
    o    Good
    o    Satisfactory
    o    Bad
09. Would you like to use our product again?

    o    Yes
    o    No
10. Would you recommend our product to your friends or
    relatives?

    o    Yes
    o    No
OVERVIEW OF NEW PRODUCT
          LAUNCHES STUDIED


The new product cases reported on for this study cover a
host of product categories and include such products as
ready-to construction, civil engineering, athletic port and
mines. Over 80% of the launches detailed in this report
occurred in 2000, 2005, or 2010.



Over half (55%) of the new product cases were classified
by the executives as 'entirely new products to the
organization.'



The vast majority of new product cases (87%) relied on
either existing technology or a minor technological
innovation, while only 14% relied on a major technological
breakthrough.
Statistical Analysis


  5

  4

  3
                                                                      2000
  2                                                                   2005
                                                                      2010
      1                                                        2010

      0                                                   2005

          T & H 60                                      2000
                     T & H 70
                                T & H 100
                                            T & H 151




The typical study participant has managed new products for
fifteen years and has been personally
responsible for introducing an average of four new products
extensions from planning through market launch.

All statistical significance testing reported in this document has
been performed at the 95% level of confidence, with significantly
higher differences denot by an asterisk (*)
                    denoted

For clarity, corresponding questions from the survey are listed
below the charts and tables.
Marketing Research report
For New Product

MOKSHA TECHNOLOGY & HAMMER PVT. LTD. is one
of the many products having very well export
potential Company. Hydraulic hammers is a
production in seam I aired regions of India, Pakistan,
USA. Etc.

The manufacture of Moksha, being a construction
and civil engineering based industry, has a great
scope for development in a Megacity & country like
India. Hammer is the main raw material required for
the manufacture of construction. This has very
important and vast application in different industrial
areas. It is widely used in Port & mines industries, oil
industries. The industries like Road line business,
Building Makers etc also has application of MOKSHA
Products.

So far as future demand is concerned, are the end
uses industries are growing at a moderate rate.
Therefore in future, it can be assured that there is a
good scope for new investment.
CONCLUSION


Hydraulic hammers are used widely now in
construction fields such as road, civil engineering,
port, and mines. How to design them optimally, and
how to control their working and improve working
efficiency are interested to many researchers and
manufacturers. The dynamic characteristics of them
will affect their performance and working efficiency.
To investigate these problems and to improve
efficiency of their analysis, the study is done based
on the software ADAMS. According to working
principle of a hydraulic hammer, a dynamic model of
hydraulic system coupling with mechanical system is
established in ADAMS/Hydraulics here. Some
important and interesting phenomena, and especially
its dynamic characteristics are found by study of
piston motion, oil flow and accumulator pressure in
the hydraulic system, and some important working
parameters affecting the normal working of the
hydraulic system are also found, which can be used
to guide optimal design of hydraulic hammers.

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Final projMARKET RESEARCH OF NEW PRODUCTect doc

  • 1. A Project On “MARKET RESEARCH OF NEW PRODUCT” For the fulfillment of B.Com Degree Sem.-V, Div-A in the Subject of A.M.M. Submitted To:- Department of Management, Ashvinbhai A. Patel Commerce Collage, 2nd Floor, S.K. Patel Building, Sector-23, Gandhinagar – 382 023. Project Guide:- Prof. Sonal Madam Ahsvinbhai A. Patel Commerce Collage, Sector – 23, Gandhinagar.
  • 2. Research Scholars Sr. No. Name of the Student G.R.No. Roll No. 1 Sakhiya Piyush P. 5330 147 2 Tambadiya Moshin A. 5039 145 3 Sachora ramiz J. 4714 125 4 Sanghariyat Jainafbanu M. 4412 126 5 Prajapati Parth D. 4531 118 6 Prajapati Krunal C. 4532 117 7 Goswami Ronak K. 4529 21 8 Darji Shital N. 4451 10 9 Dave Heli P. 4486 12 10 Thakar Ronak J. 4445 139
  • 3. INDEX Introduction Sr. Title Page No. No. 1 Introduction 1 2 INTRODUCTION OF COMPANY 2 3 INTRODUCTION OF PRODUCT’S 3 -PRODUCTS DESCRIPTION 4 INTRODUCTION OF NEW PRODUCT 4 -ABOUT THE PRODUCT -LATEST DESIGN -DURABLE AND RELIABLE -Fact File 5 Photos 5 6 New Product Development Process 6 1. IDEA GENERATION 2. IDEA SCREENING 3. FEATURES & BENEFITS 7 Questions for market research on a new 7 product 8 OVERVIEW OF NEW PRODUCT LAUNCHES 8 STUDIED 9 Statistical Analysis 9 10 Marketing Research report 10 For New Product 11 CONCLUSION 11
  • 4. INTRODUCTION OF COMPANY MOKSHA TECHNOLOGY & HAMMER PVT. LTD. has become a leading manufacturer in field of construction equipments producing boom mounted Hydraulic Breaker and Hydraulic Vibratory Hammer introduces a new generation and the best solutions of Hydrualic attachments. MOKSHA TECHNOLOGY & HAMMER PVT. LTD.exports its products to mainly Central Asia exports
  • 5. and other more 30 countries such as America, India, Malaysia, Hong Kong, Thailand etc. And especially in Central Asia markets, our products enjoy reputation as a brand of the highest value. Our supplying of products in various articles and excellent quality has given the trustworthiness and recognition from our customers and also competitive quality and best delivery is our company's unique and outstanding merit not able to be compared with other's. We are devoting ourselves to provide you high quality products and prompt service and developing new technology focus on the realization of customer's satisfaction by manufacturing good products, which made it possible to acquire high reputation from worldwide clients and
  • 6. to be best company in the 21st century. Our technical engineering and stringent quality control and more than 17 years combination of various construction field experiences in Hydraulic Attachments help ensure long products life with consistent high quality output. We are always thinking of customer side. Thanks
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  • 9. PRODUCTS DESCRIPTION All products are not only well sold in China, but also to Southeast Asia, Middle East, Australia, India, Africa, Europe and America. In order to meet the requirement of international market, FOTMA will strive to upgrade our products and keep on innovation so as to provide perfect products and best service to the customers both from domestic and abroad.
  • 10. INTRODUCTION OF NEW PRODUCT The concept of the high performance boom-mounted hydraulic hammer was pioneered by Moksha Construction Products, LLC. Moksha, which continues to lead the industry, has combined performance, efficiency and reliability in their boom-mounted Sandvik hydraulic hammers, the Moksha AR Series™, and the Hy-Ram™ Series breakers to offer several design advantages over other hammer manufacturers.
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  • 12. Moksha is launching the new T&H 850 hydraulic breaker, which is lighter than its predecessor but offers better performance and higher efficiency. This breaker is 130 kg lighter and its service weight of 4,100kg enables use of smaller carriers of 40tonnes to 70tonnes. "Both in terms of performance and efficiency, the improvement in comparison to the predecessor model is considerable," said product line manager for hydraulic breakers Gordon Hambac. "We were able to achieve increases in the double-digit percentage range."
  • 13. New Product Development Process 1. IDEA GENERATION I have an idea for a new T&H 850 for huge construction -I have searched for a manufacturer, but it seems all roads lead to other country. So than after I Diagram and describe our product, keeping all our creativity channels open. Draw your vision of the idea before I conduct a product search, so that I do limit our originality. Graph paper can help the dimensionally-impaired draw their products in relative perspective.
  • 14. 2. IDEA SCREENING A unique, fully patented major safety feature of the TEFRA Coupler. The Smart Valve is a simple, patented, totally effective solution ensuring that the attachment and release sequence cannot be started until the Coupler is orientated towards the operator and close to the ground. This eliminates the possibility of an unsafe situation occurring. The Smart Valves compact design means it can be totally enclosed within the hydraulic cylinder at the centre of the Coupler; this protected position means it cannot be contaminated.
  • 15. 3. FEATURES & BENEFITS All units are computer designed and engineered to meet customer’s specific applications. Choose from heavy duty or extra heavy duty booms to handle hammers up to 4,000 pounds. Control stations and power units are matched to the boom, breaker and application to maximize production.
  • 16. Power packages are available in three models to suit job applications and operational needs. Choose from select hydraulic hammers with wide ranging breaking forces to provide outstanding versatility. Available options include insulated, climate- controlled, sound-proof cabs; centralized lubrication systems; and waist-mounted operational controls.
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  • 19. Questions for market research on a new product Full Name: _____________________________________________________________________________________ Date of Birth: DD/MM/YY Permanent Residential address: ___________________________________________________________ Office address: ________________________________________________________________________________ Telephone no (M): ___________________________________ (R) __________________________________ E-mail id: ___________________________________ 1. How would you rate the attractiveness of our product? o Very attractive Attractive o Neutral Not attractive at all 2. Do you find the product easy to handle? o Yes o No 3. How advanced do you find the technology of our product? o Very advanced o Advanced o Normal o Not so advanced
  • 20. 4. If you are not likely to use our new product, why not? o Do not want a product like this o Satisfied with competing products currently available o Cannot pay for a product like this o Not willing to pay for a product like this o Other (please specify) 5. What is the least attractive factor about our product? o Design o Handling options o Technology o Price o Other 6. Have you used similar product of another brand? o Yes o No 7. Do you find the price of the product reasonable? o Yes o No
  • 21. 8. How would you rate your experience of using our product? o Excellent o Good o Satisfactory o Bad 09. Would you like to use our product again? o Yes o No 10. Would you recommend our product to your friends or relatives? o Yes o No
  • 22. OVERVIEW OF NEW PRODUCT LAUNCHES STUDIED The new product cases reported on for this study cover a host of product categories and include such products as ready-to construction, civil engineering, athletic port and mines. Over 80% of the launches detailed in this report occurred in 2000, 2005, or 2010. Over half (55%) of the new product cases were classified by the executives as 'entirely new products to the organization.' The vast majority of new product cases (87%) relied on either existing technology or a minor technological innovation, while only 14% relied on a major technological breakthrough.
  • 23. Statistical Analysis 5 4 3 2000 2 2005 2010 1 2010 0 2005 T & H 60 2000 T & H 70 T & H 100 T & H 151 The typical study participant has managed new products for fifteen years and has been personally responsible for introducing an average of four new products extensions from planning through market launch. All statistical significance testing reported in this document has been performed at the 95% level of confidence, with significantly higher differences denot by an asterisk (*) denoted For clarity, corresponding questions from the survey are listed below the charts and tables.
  • 24. Marketing Research report For New Product MOKSHA TECHNOLOGY & HAMMER PVT. LTD. is one of the many products having very well export potential Company. Hydraulic hammers is a production in seam I aired regions of India, Pakistan, USA. Etc. The manufacture of Moksha, being a construction and civil engineering based industry, has a great scope for development in a Megacity & country like India. Hammer is the main raw material required for the manufacture of construction. This has very important and vast application in different industrial areas. It is widely used in Port & mines industries, oil industries. The industries like Road line business, Building Makers etc also has application of MOKSHA Products. So far as future demand is concerned, are the end uses industries are growing at a moderate rate. Therefore in future, it can be assured that there is a good scope for new investment.
  • 25. CONCLUSION Hydraulic hammers are used widely now in construction fields such as road, civil engineering, port, and mines. How to design them optimally, and how to control their working and improve working efficiency are interested to many researchers and manufacturers. The dynamic characteristics of them will affect their performance and working efficiency. To investigate these problems and to improve efficiency of their analysis, the study is done based on the software ADAMS. According to working principle of a hydraulic hammer, a dynamic model of hydraulic system coupling with mechanical system is established in ADAMS/Hydraulics here. Some important and interesting phenomena, and especially its dynamic characteristics are found by study of piston motion, oil flow and accumulator pressure in the hydraulic system, and some important working parameters affecting the normal working of the hydraulic system are also found, which can be used to guide optimal design of hydraulic hammers.