The major focus of the companies, operating in the industry, is towards decorative segment. The company grew rapidly by establishing branches all over the world and through Berger and acquisitions with other leading paint and coating manufacturing companies. To bolster customer satisfaction, Berger has recently launched Home Decor Service from which once can get an array of services pertaining to painting. This will also enable Berger to battle its competitors by weakening then in such a strategically important segment. The company has strong distribution network all over the country.
All these assure you a paint quality which is world class. Production of paints and coatings is the core business of Berger. Berger has been very successful in maintaining business in instant cash delivery and short term credit leading the company with high net cash flows. Jensolin Thinner T-3 For N. We have used both the Primary sources of data and Secondary sources of data. In each of the product category, Berger has always been the pioneer and will continue to do so proudly.
From its inception, Berger has played a pioneering role in introducing new paint and paint technologies to the Bangladeshi market; Bergers efforts have established it as the most esteemed paint company of the country and have contributed significantly in its growth. Generally upper lower class and middle class societies highly require distemper. The Jury Committee for the competition comprised of Prof. Date of Incorporation : 6th July, 1973. With its strong distribution network, Berger has reached almost every corner of Bangladesh. The arrangement of the office space especially that of Uttara and Banani branch looks like a maze to a lot of respondents. In their promotional activities they also promote different messages for their different products, so that become familiar to their customer.
Berger takes risk by launching new product in less than every 2 years. The nationwide dealer network, supported by seven sales depots strategically located at Dhaka, Chittagong, Khulna, Bogra, Rajshahi, Comilla and Sylet has enabled them to strategically cater to all parts of the country. Berger has the sole credit for introducing a new product segment in the paint industry which is known as weather-coat paint. Paints pass through different stages of production before their completion. In fact, respondents who have said that the service charge is very high also hold positive perception towards the worthiness of the designer service. Berger market share in the synthetic enamel category is increasing gradually. It leads the way for introducing high quality color bank products and top coat finishes Decorative paints in Bangladesh.
The painters plays a very crucial role in the overall service delivery mechanism. There is defined Telephone number, 02-9354067 for queries. Again the company collect all its credits within 90 days of product delivery. Jensolin Thinner T-7 For all epoxy paints. Roof top with sitting arrangement and garden e. Jensolin Polyurethanes Jensolin Red Oxide Primer Jensolin Red Lead Primer: This is a quick drying Red Lead Primer to use on structural steel.
Generally the summer and winter is the peak season not only for Berger but also every paint producer. It may be in a saleable state. Illusion Berger illusions is not just a paint its a whole new lifestyle for your walls. Its excellent weather ability makes it ideal for rolling stock like railway coaches, buses, lories, oil tankers, as well as for doors, windows, signboards and hoardings. Investment in technology and plant capacity is even more evident from the new factory of Berger Paints Bangladesh Limited at Savar. Currency quotes are updated in real-time.
Wahlen Financial Statement Analysis: A Practitioner's Guide by Martin Fridson, Fernando Alvarez, Martin S. Although being market leader the company is recently facing extreme competition from the existing rivals also the threat from the entrance of the new rivals. Illusions samples can be conducted for interior walls of key locations, where the target customers of Berger Illusions are likely to visit frequently. Both companies will promote a joint offer, which will be mutually beneficial. Vision: The vision of the company is to remain as the benchmark in the Paint industry being an innovative and technology driven Company consistently delivering world-class products ensuring best consumer satisfaction through continuous value added services provided by highly professional and committed team.
They also offer some special commission and discount rate for their premium Dealers, who can cross the benchmark, set by Berger. These advertisements indirectly influence the buyers to perceive the brand as a quality product. The Managers of each dement monitor the work activities of subordinates, convey top management decisions and provide necessary feedback to reach organizational goals and objectives. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. Investment in technology and plant capacity is even more evident from the establishment of Powder Coating and Emulsion plants at the Dhaka factory.
Most of the competitors consider pricing as one of the major marketing tools. Berger paints offers the following products for its industrial customers; Product Name and Product Description: Berger Suprakoat Powder Coating Jensolin Industrial Enamel: A top quality glossy paint based on high quality selected resins and pigments. Durocem Cement Coating Durocem is an exceptional formulation based on selected raw materials and specially treated white cement that makes it ideal for both indoor and outdoor applications. Exchanges report short interest twice a month. The rest is up to your imagination and your fingertips.