India is not recognized as a first emerging market for a insurance. The Indian insurance is accepted to be $25 billion in 2010 on an assumption of 9.7 % real growth in the GDP. With the passing or IRDA act in 2000 the insurance market in India has been open to privet sector. As a result as many as 34 insurance companies entered the market; in collaboration with foreign companies by end of 2002-2003 the market has now become highly competitive and challenging.
In spite of significant growth in telecommunication sector in the recent past, the teledensity in India was abysmally low compared to other countries the teledensity in India was only 1.89 by the end of 2002. Telecommunication has tremendous growth potential. The rapid growth in cellular, radio paging, value added services, internet and global mobile communication by satellite services, besides basic telephone services, is an indicator of the bright future of sector.
Objective of this Report
• To approach the people for becoming a financial advisor.
• To study about the potential customer in the market.
• To hire the new financial advisor for the company so that the business of the company should grow faster.
• To study about the marketing strategy of company.
The scope of project was all about recruiting the financial advisors for the company on commission basis. I was suppose to generate the leads then meet those people, telling them the concept of financial advisor and convincing them to join the company and finally get the undertaking forms filled and thus closing the leads.
In random sampling methods, the sample units are selected at random. Random sampling follows a precisely specified system where there is no scope for biased selection of sample unit's take place by sheer chance of being selected. Data is collected from each and every unit in the population; it is termed as census survey.
To overall census population of questionnaire survey hence proper sampling design is done so that particular sample represents that census.