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The IUP Journal of Business Strategy :
Strategies for Brand Godrej Interio: A Competitor Study and Customer Survey
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The research entails a detailed study of Godrej Interio products—Office and Home, its competitors, customer segment, satisfaction levels and brand awareness. The project also brings out the major factors which are considered by a consumer before going for the purchase of branded furnitures. The main purpose of the article is to give insight into a detailed market study, conducted in order to identify the various dimensions associated with Interio Products in the market. Established players like BP Ergo, Featherlite, Durian, etc., in the domestic market for modular furniture systems are now integrating research into the behavioral patterns at Indian workplaces, with design, to offer value-added solutions to customers. Sensing this, Godrej Interio is giving a lot of importance to market research as well as competitor understanding at the national level. The paper has three primary objectives: (i) To do a comparative study of Godrej Interio and its competitors—analyze the strengths, weakness, opportunities and threats; (ii) To do a survey for Interio products with focus on awareness, customer segments, customer perception which will help in knowing new trends in the furniture market; and (iii) To study the brand image and the customer satisfaction on the existing clients by doing client research.

In September 2006, Godrej brought its entire range of Home and Office, and a special range of furniture businesses under one brand—Godrej Interio. The Godrej Interio brand covers all of Godrej Furniture and Interiors Group which includes home, office and special projects interior business lines, a perfect amalgamation of time-tested values and contemporary outlook. Godrej Interio recognizes the needs of modern lifestyle and stands dedicated to meet these dynamic trends. It is targeting at 33% growth, and has made huge investments in technology and brand building. The growth for the company will come from new segments such as hospitality, airports, stadiums, special turn key projects and exports. Although Interio faces stiff competition in the private tenders, it virtually has a monopoly in the government tenders.

 
 
 

New Malaysian Global Champion, Godrej Interio products, customer segment, brand awareness, domestic market, modular furniture systems, behavioral patterns, market research, furniture market, customer perception, investments in technology.