A Project Report of RKBK
A Project Report of RKBK
A Project Report of RKBK
INSTITUTE OF ADVANCED MANAGEMENT& RESEARCH (APPROVED BY AICTE &MINISTRY OF HRD,GOVT OF INDIA) 9TH MILE STONE DELHI-MEERUT ROAD DUHAI GHAZIABAD
CERTIFICATE
CERTIFICATE
This is to certify that Mr. RITESH KUMAR SRIVASTAVA has successfully completed his Project on Effectiveness of Advertisement for Sales of Passenger car RKBK AUTOMOBILES PVT. LTD. during the academic year 2008-2010 for partial fulfillment of the course PGDM.
The summer project on Effectiveness of Advertisement for Sales of Passenger car is the original work done by me. This is the property of the institute & the use of this report without prior permission of the institute will be considered illegal and actionable.
Knowledge is an experience gained in life, it is the choicest possession which should not be shelved but should be happily shared with others. It is the great pleasure to have this opportunity for the preparation of this project. I am highly obliged by Institute of Advanced management & Research for giving me the opportunity of this dissertation. I take an opportunity to acknowledge my indebted to Dr. R. K. Gupta (Chairman, IAMR), and all the staff of the PGDM department for making available all facilities in fulfilling the requirement for the reasonable work. I wish to acknowledge thanks to Mr.S.K.Thompson (GM), Mr.Sanjay Pathak (HR Manager) & Mr. Dinesh Purohit (Finance & Marketing consultant) our guide for valuable Co-operation and efforts in preparation of this project. Last but not least, I am also thankful to our parents, brother and sisters for their continuous encouragement and moral support during this project and other people who helped us in preparing this project knowingly and unknowingly.
Ritesh Kumar Srivastava Place: - MARUTI SUZUKI INDIA LTD [GORAKHPUR] PGDM (2008-10)
PREFACE
The PGDM programmers are well structured and integrated course of business studies. The main objective of practical training at PGDM level is to develop skill in student by supplement to the theoretical study of business management in general. Industrial training helps to gain real life knowledge about the industrial environment and business practices. The PGDM programmers provides student with a fundamental knowledge of business and organizational functions and activities, as well as an exposure to strategic thinking of management. In every professional course, training is an important factor. Professors give us theoretical knowledge of various subjects in the college but we are practically exposed of such subjects when we get the training in the organization. It is only the training through which I come to know that what an industry is and how it works. I can learn about various departmental operations being performed in the industry, which would, in return, help me in the future when I will enter the practical field. Training is an integral part of PGDM and each and every student has to undergo the training for 8 week in a company and then prepare a project report on the same after the completion of training. During this whole training I got a lot of experience and came to know about the management practices in real that how it differs from those of theoretical knowledge and the practically in the real life. In todays globalize world, where cutthroat competition is prevailing in the market, theoretical knowledge is not sufficient. Beside this one need to have practical knowledge, which would help an individual in his carrier activities and it is true that Experience is best teacher.
TABLE OF CONTENT
1. INTRODUCTION.. I. COMPANY HISTORY. II. COMPANY PROFILE III. CORPORATE PROFILE .. 2. OBJECTIVE.. 3. SCOPE OF STUDY 4. MARKETING RESERCH
PAGE NO.
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25 26 27 44 68 70 72 73 75
5. DATA ANALYSIS AND INTERPRETATION 6. FINDINGS & LIMITATION 7. SUGGETION TO RECOMMENDATION 8. CONCLUTION 9. BIBLIOGRAPHY 10. Questionnaire
INTRODUCTION
COMPANY HISTORY RKBK Automobiles
Radha krishna Bimal Kumar Ltd. was established in 1976 having registered office at Shree Ganesh Centre , 216 AJC Bose Road, Kolkata 700017, with objective of doing trading Business of Fertilizer, Kerosene oil and petrol pumps in different states like U.P, Bihar, West Bengal . In 1995 Company entered into a Dealership association with Maruti Suzuki India Ltd. (Formerly known as Maruti Udyog Ltd ) and in 2000 Radha Krishna Bimal Kumar Ltd. was merged in BKP Ltd and name of the Company was changed as RKBK Ltd vide order of honable High Court Calcutta, In Nov 2000 Company demerged from RKBK Ltd and new Company was set up as RKBK Automobiles Pvt Ltd .
dealership with Maruti Suzuki India Ltd .(Formerly known as Maruti Udyog Ltd), is one of the leading automobile manufacturers and the market leader in car segment, both in terms of volume of vehicles sold and revenue earned. Company grew up and new showroom and work shop opened at Faizabad another new workshop was set up at Gorakhpur (Bargadwa), new extension showrooms are in pipeline at Gonda as well as in Basti . Presently show rooms & workshops are established at :-
Showrooms:-
1) 2) 3) 4)
Gorakhpur ( Mohaddipur) : Established in 1995 Gorakhpur (Bargadwa) : Established in 2006 Faizabad : Established in 1999 Basti. : Established in 2004
Showrooms and Workshops are well equipped with latest technology and skilled manpower, Customer satisfaction is the prime Moto of the Company and an efficient team of highly experienced personnel do their best to understand the needs of a customer and then suggest the models best suited to his/her requirements. Special attention is given to themodels that are popular choices. Companys another business activities under one roof of Maruti dealership are sales of Maruti Genuine spares Parts (MGP), Maruti Genuine Accessories (MGA), Consumer Finance through channel partners Kotak Mahindra, ICICI Bank, HDFC Bank and S B I and Maruti Insurance ( M I) through channel partner The Oriental Insurance Co Ltd , National Insurance Co. Under guideline of MSIL, RAPL is also engaged in Maruti True Value Section which offers and provides wonderful exchange, Buy and sale of old cars where customers has no hassle of selling old cars , only old cars are replaced with new one by paying difference amount.
RAPL also has its workshops as aforesaid which provides wide range of servicing and maintenance where all maruti segment cars come for servicing, repairing and accidental repairing. Company has all modern equipments and skilled manpower which provides complete satisfaction to the customers by timely performance and delivery. RKBK has made a brand and image in the market, renowned name famous for quality and service and got lot of certificates from MSIL for their excellence in quality and service towards customers which is the prime moto of the company.
2000 CERTIFIED COMPANY. Customer Satisfication is the main moto of the Company which gives an edge in the Market and makes a Brand and Image.
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COMPANY PROFILE
RKBK AUTOMOBILES PVT LTD Shree Ganesh Centre, 216 AJC Bose Road, Kolkata-700017, West Bengal.
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Designation
General Manager:
a) Accounts Manager( b)Sales Manager( c) Human Resource Manager (d) True Value Manager (e) Insurance Manager (f) Work Manager (g) Accessories Manager (h) Spare Parts Manager
a) Accounts Manager :
Accounts assistants Computer Operators b) Sales Manager : Team leaders Dealer Sales Executives (DSE) Resident Dealer Sales executives (RDSE)
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e) Insurance Manager :
Tele Caller Insurance Executives
f)
Works Manager:
Service Advisors / Supervisors Mechanics / Electricians Asst. Mechanics Final Inspector Cashier Front Office Computer Operator
g) Accessories Manager:
Accessories Asst staff h) Spares Parts Manager: Asst in Spares Parts Pickers
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Automotive Cars 3.5 billion (2009) 6,903 Suzuki Motors, Japan www.MarutiSuzuki.com
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The old logo of Maruti Suzuki India Limited. Later the logo of Suzuki Motor Corp. was also added to it
Maruti Suzuki is one of India's leading automobile manufacturers and the market leader in the car segment, both in terms of volume of vehicles sold and revenue earned. Until recently, 18.28% of the company was owned by the Indian government, and 54.2% by Suzuki of Japan. The Indian government held an initial public offering of 25% of the company in June 2003. As of May 10, 2007, Govt. of India sold its complete share to Indian financial institutions. With this, Govt. of India no longer has stake in Maruti Udyog. Suzuki Motor Corporation, the parent company, is a global leader in mini and compact cars for three decades. Suzukis technical superiority lies in its ability to pack power and performance into a compact, lightweight engine that is clean and fuel efficient. Maruti is clearly an employer of choice for automotive engineers and young managers from across the country. Nearly 75,000 people are employed directly by Maruti and its partners.
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The company vouches for customer satisfaction. For its sincere efforts it has been rated (by customers) first in customer satisfaction among all car makers in India for nine years in a row in annual survey by J D Power Asia Pacific. Maruti Suzuki was born as a government company, with Suzuki as a minor partner to make a people's car for middle class India. Over the years, the product range has widened, ownership has changed hands and the customer has evolved. What remains unchanged, then and now, is Maruti mission to motorize India.
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MODLE
Maruti 800: Maruti Omni: Maruti Gypsy: Maruti Alto: Maruti Wagon-R: Maruti Versa: Maruti Grand Vitoria Maruti Suzuki Swift: Maruti Zen Estilo: Maruti Suzuki SX4: Maruti Swift Dzire: Maruti A-Star: Maruti Suzuki Ritz: 1983 1984 1985 2000 2002 2003 2004 2005 2006 2007 2008 2008 2009
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CORPORATE PROFILE
Mr.R.C.Bhargava, Chairman Mr.Shinzo Naganishi , Managing Director & Chief Executive Mr.Keiichi Asai , Director Mr.Hirofumi Nagao , Joint Managing Director Mr.Tsuneo Ohashi , Director (Production) Mr.Shuji Oishi , Director (Marketing & Sales) Mr.Osamu Suzuki , Director Mr. D. S. Brar , Director Mr. Amal Ganguli , Director Mr. Pallavi Shroff , Director Mr. Manvindar Singh Banga , Director
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Service is a major revenue generator of the company. Most of the service stations are managed on franchise basis, where Maruti trains the local staff. Other automobile companies have not been able to match this benchmark set by Maruti. The Express Service stations help many stranded vehicles on the highways by sending across their repair man to the vehicle.
Maruti insurance
Launched in 2002 Maruti provides vehicle insurance to its customers with the help of the National Insurance Company, Bajaj Allianz, New India Assurance and Royal Sundaram. The service was set up the company with the inception of two subsidiaries Maruti Insurance Distributors Services Pvt. Ltd and Maruti Insurance Brokers Pvt. Limited.
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This service started as a benefit or value addition to customers and was able to ramp up easily. By December 2005 they were able to sell more than two million insurance policies since its inception.
Maruti Finance
To promote its bottom line growth, Maruti launched Maruti Finance in January 2002. Prior to the start of this service Maruti had started two joint ventures Citicorp Maruti and Maruti Countrywide with Citi Group and GE Countrywide respectively to assist its client in securing loan. Maruti tied up with ABN Amro Bank, HDFC Bank, ICICI Limited, Kotak Mahindra, Standard Chartered Bank, and Sundaram to start this venture including its strategic partners in car finance. Again the company entered into a strategic partnership with SBI in March 2003[16] Since March 2003, Maruti has sold over 12,000 vehicles through SBI-Maruti Finance. SBI-Maruti Finance is currently available in 166 cities across India.
"Maruti Finance marks the coming together of the biggest players in the car finance business. They are the benchmarks in quality and efficiency. Combined with Maruti volumes and networked dealerships, this will enable Maruti Finance to offer superior service and competitive rates in the marketplace".
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Maruti TrueValue
Maruti True service offered by Maruti Udyog to its customers. It is a market place for used Maruti Vehicles. One can buy, sell or exchange used Maruti vehicles with the help of this service in India.
Accessories
Many of the auto component companies other than Maruti Udyog started to offer components and accessories that were compatible. This caused a serious threat and loss of revenue to Maruti. Maruti started a new initiative under the
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brand name Maruti Genuine Accessories to offer accessories like alloy wheels, body cover, carpets, door visors, fog lamps, stereo systems, seat covers and other car care products. These products are sold through dealer outlets and authorized service stations throughout India.
Our Vision:
The Leader in Indian Automobile Industry, creating customer delight and shareholders wealth; a pride of India.
Mission Statement:
(i) (ii) (iii) (iv) Provide superior products and services to our customers and maintain market leadership. Evolve as an institution that serves the best interest of all stakeholders. Pursue excellence through total quality management. Ensures the highest standards of ethics and integrity in all our action.
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COMPETITORS
(a) - TATA COMPANY COMPANY OVERVIEW
Tata Motors is one of the leading automotive vehicle manufacturing companies in India. The company belongs to Tata Group, one of the leading business groups in India. The companys automobile products include all types of commercial and passenger vehicles, including financing of the vehicles sold by the company. The company primarily operates in Europe, Africa, the Middle East, Australia, South East Asia and South Asia. It is headquartered in Mumbai, India and employs about 33,500 people.
Honda Motor Company is one of the largest vehicle manufacturers in the world. With a global network of 437 subsidiaries, Honda develops, manufactures and markets motorcycles, automobiles and power products. The company has global operations. It is headquartered in Tokyo, Japan and employs 167,231 people.
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OBJECTIVE
My main objective in this summer training is to promote the sale of the product through Effectiveness of Advertisement.
My 2nd objective of study is to know the brand Awareness of Products in the region. My 3rd objective is to collect the data from the given region through Market survey, after the survey to promote the sale. My 4th objective is to know what the customer perception about the Given Products is. My 5th objective is that to know who the main competitor of product of Maruti Suzuki Is. My 6th and last objective is that to give the suggestion to the company, how to promote the Effectiveness of Advertisement for Sales of Passenger car.
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Market research is the soul of a company as the test of the consumer changes very often so market research becomes very much important for any company to survive. It tells us the need, taste, and demand of consumers. I did my summer training from Maruti Suzuki Ptv. Limited is well recognized company in India as well as in overseas also Maruti Suzuki Ptv. Limited is one of the largest companies in India which is growing in beverage sector.
From the research I came to know the main causes of dumping situation. After the analysis I had found various type of information and how we can make a good relationship with the people. In the end, it was a wonderful experience to work for the company as a external Research. I enjoyed a lot as I came across different interesting views about the Company from various operations.
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MARKETING RESEARCH
Marketing research plays an important role in the process of marketing. Starting with market component of the total marketing talks. It helps the firm to acquire a better understanding of the consumers, the competition and the marketing environment.
DEFINITION
Marketing research is a systematic gathering, recording and analysis marketing problem to facilitate decision making. - Coundiff & Still.
Marketing research is a systematic problem analysis, model building and fact finding for the purpose of important decision making and control in the marketing of goods and services. - Phillip Kotler.
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Defining the Marketing Problem to be tackled and identifying the market research problem involved in the task.
Define the problem and its objectives. Identify the problem. Determine the information needed. Determine the sources of information. Decide research methods. Tabulate, Analyze and interpret the data. Prepare research report. Follow-up the study.
(6)
Define the problem and its objectives :- This includes an effective job in planning and designing a research project that will provide the needed information. It also includes the establishment of a general framework of major marketing elements such as the industry elements, competitive elements, marketing elements and company elements. Identify the problem :- Identifying the problem involves getting acquainted with the company, its business, its products and market environment, advertising by means of library consultation and extensive interviewing of companys officials.
(7)
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(8)
Determining the specific Information needed :- In general the producer, the manufacturer, the wholesaler and the retailer try to find out four things namely :(1) (2) (3) (4) What to sell When to sell Where to sell How to sell
(a)
(b)
Primary Data :- Primary datas are those which are gathered specially for the project at hand, directly e.g. through questionnaires & interviews. Primary data sources include company salesman, middleman, consumers, buyers, trade associations executives & other businessman & even competitors. Secondary Data :- These are generally published sources, which have been collected originally for some other purpose. Source are internal company records, government publication, reports & publication, reports & journals, trade, professional and business associations publications & reports.
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(5) Decide Research methods for collecting data :- If it is Found that the secondary data cannot be of much use, collection of Primary data become necessary. Three widely used methods of Gathering primary data are.
A) Survey Method: - In this method, information gathered directly from individual respondents, either through personal interviews or through mail questionnaires or telephone interviews.
B) Observation Method: - The research data are gathered through observing and recording their actions in a marketing situation. This technique is highly accurate. It is rather an expensive technique.
C) Experimental Method: - This method involves carrying out a small scale trial solution to a problem, while at the same time, attempting to control all factors relevant to the problem. The main assumption here is that the test conditions are essentially the same as those that will be encountered later when conclusions derived from the experiment are applied to a broader marketing area.
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D) The Panel Research: - In this technique the same group of respondents is contacted for more then one occasion; and the information obtained to find out if there has been any in their taste demand or they want any special quality, color, size, packing in the product.
A) B) C)
(6)
THE REPORT MUST GIVE /CONTAIN THE FOLLOWING INFORMATION:a) The title of research b) The name of the organization for which it has been conducted c) The objectives of research d) The methodology used e) Organization and the planning of the report f) A table of contents along g) The main report containing the findings h) Conclusion arrived at end recommendations suggested i) Appendices (containing questionnaire / forms used sample design, instructions.)
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(7)
Follow-up the study :- The researchers, in the last stage, should follow up this study to find if his recommendation are being implemented and if not, why?
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MARKETING POLICIES
Maruti Suzuki India Limited company is the biggest Automobile company in Indian Market .It has the highest percentage of market share in the automobile market .The Marketing Policies used by Maruti Company are of different types, maruti company use different marketing policies to survive on the position which the company has in the market and also to increase their profit by using different strategies of marketing among their competitors in the market. To know the market policies of Maruti Company first we have to classify the car markets which are:
Before going further it is necessary to understand the Indian car market classification and the segments in which MUL operates. There are two principal systems of classification in the Indian passenger car industry:
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Price based classification is the widely accepted classification basis in the Indian passenger car industry. The different price segments used by Maruti were as follows:
cars priced lower than Rs. 300,000 cars priced between Rs. 300,000 and Rs. 500,000 cars priced between Rs. 500,000 and Rs. 1,000,000 cars priced between Rs. 1,000,000 and Rs. 2,500,000 5. Segment E cars priced above Rs. 2,500,000
2. Utility vehicles
Weight up to 3.5 tones a) Seating capacity not exceeding 7 (including driver) b) Seating capacity between 7 and 9 (including driver)
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Marketing Mix means to collect and mix the resources of marketing in the manner that objects of the enterprise may be achieved and maximum satisfaction may be provided to the consumers. The term marketing mix is used to describe a combination of four elements the product, price, physical distribution and promotion. These are popularly known as Four Ps. A brief description of the four elements of marketing mix.
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The product itself is the first element. Products most satisfy consumer needs. The management must, first decide the products to be produced, by knowing the needs of the consumers.
Product:
Price: The second element to affect the volume of sales is the price. The market or announced amount of money asked from a buyer is known as basic value placed on a product.
Promotion: The product may be known to the consumers. Firms must undertake promotion work-advertising, publicity, personal selling etc. which are the major activities. Place: Physical distribution is the delivery of products at the rights time and at the right place. The distribution mix is the combination of decisions relating to marketing channels, storage facility, inventory control, location transportation warehousing etc.
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RESEARCH DESIGN
Advertising is a paid form of non-personal presentation and promotion of ideas, goods or services by an identified sponsor.
1. RESEARCH PROBLEM
Increase the awareness level of Passenger car Seek the general perception of consumer towards Passenger car To find the performance of Passenger car vis--vis other Brands. To know the consumer psyche and their behaviour towards Passenger car
To know the relationship of sales with the advertisement. To know awareness of people towards Passenger car To know in which Passenger car are mostly like/preferred. To know which advertisement tool is mostly preferred by people.
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To know the preference of Passenger car with comparison to Other competitive brands. To know the factors which affects consumers buying behaviour to purchase Passenger car
Marketing researches devote a significant portion of their work on exploratory studies when very little is known about the problem being examined.
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CONCLUSIVE RESEARCH
Conclusive studies attempts to determine the frequency with which something occurs or the relationship between two phenomenons. Usually conclusive studies assume certain under underlying characteristics of the market or have some precise statement of research questions/hypothesis.
Questions of this type offer the respondents an alternative to choose the right answer among others. It is faster, time saving and less biased. It also simplifies the tabulating process.
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OPEN END QUESTIONS: In this type respondents are free to answer in their own words and express the ideas they think are relevant, such questions are good as first questions or opening questions. They introduce the subject and obtain general reaction. DICTHOMUS: These are the questions which are Boolean in nature. These answers are straightforward and respondents have to answer them in a straight way. That means the answer can only be either Yes or No.
Sample design is a definite plan of obtaining some items from the whole population. The sample design used in this project is two state sampling i.e. Cluster and convenience. In the probability sampling methods, each items in the sample is chosen one at a time from a complete list of universe elements. In marketing research practice, it will sometimes be more expedient to select clusters or groups of universe elements, rather than to choose sample items individually.
Sampling methods in which universe elements are chosen in groups ---- rather than individually -- are called cluster-sampling methods. They are widely used in the sampling of human populations. When no complete universe listing exists, a type of sampling is called area sampling may be the only practically feasible form of probability sampling
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SAMPLING METHODS
Sample design is a definite plan of obtaining some items from the whole population. The sample design used in this project is two state sampling i.e. cluster sampling and convenience sampling. The whole city was divided into some geographical areas and I have chosen Bank road, Golghar, Gita Garden , Raptinagar , Gorakhnath and Bargadwa . The total sample size was 100
CLUSTER SAMPLING
Here the whole area is divided into some geographical area and a definite number of consumers were to be surveyed.
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SAMPLING
1. Sampling Technique (A : Non probability sampling non probability sampling technique is
in which each element in the population does not have an equal chance of getting selected)
2. Sample Unit
: People who buy passenger car available in retail outlets, superstores, etc
3. Sample size
4. Method
: Graphical method.
6. Area of survey
: Gorakhpur District.
7. Timing of survey
: 10.00 am to 5.00 pm
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In this summer training I have to do the market research. I had got a format according to which I have to go on different Maruti customer and fill the Questionnaire. .By the collected datas I have analyzed the following things which are shown by the following chart-
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AGE 2LAC-4LAC 24
25 - 40
INCOME 4LAC6LAC 23
> 6LAC 6
40 -55
10
15
> 55
INCOME(25year - 40year)
INCOME > 6LAC 11%
FIG.1 From above pie chart I have found that the age group if 25-40 year have the different purchase power with different income. And those person who have between 2lack-4lack income have the high purchasing power.
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INCOME(40year - 55year)
INCOME > 6LAC 24% 2LAC-4LAC 30%
FIG.2 From above pie chart I have found that the age group if 40-55 year have the different purchase power with different income. And those person who have between 4lack-6lack income have the high purchasing power.
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INCOME(>55year)
INCOME > 6LAC 28% 2LAC-4LAC 36% 2LAC-4LAC INCOME 4LAC- 6LAC INCOME > 6LAC
FIG.3 From above pie chart I have found that the age group if >55 year have the different purchase power with different income. And those person who have between 2lack-4lack& 4lack-6lack income have the same purchasing power.
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AGE 25 40
40 - 55
25
> 55
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FIG.4 From above bar chart I have found that the 23 customer out of 100 customer between the age group of 25-40 year are motivated to purachase maruti brand throug advetisement.
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25
NO. OF CUSTOMER
20
FIG.5 From above bar chart I have found that the 25 customer out of 100 customer between the age group of 40-55 year are motivated to purachase maruti brand throug advetisement
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FIG.6
From above bar chart I have found that the 9 customer out of 100 customer between the age group of >55 years are motivated to purachase maruti brand throug advetisement
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AGE 25 - 40
40 - 55
31
> 55
14
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FIG.7
From above doughnut chart I have found that the 85%customer between the age group of 25-40 years are play role of advertisement to purachase maruti brand .
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FIG.8
From above doughnut chart I have found that the 97%customer between the age group of 40-55 years are play role of advertisement to purachase maruti brand.
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FIG.9
From above doughnut chart I have found that the 100%customer between the age group of >55 years are play role of advertisement to purachase maruti brand.
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25 - 40
40 -55
17
11
> 55
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15 12 10 Series1
FIG.10
From the above graph I have found the age 25-40 year that 21customer out of 100customer are motivated through model comparison and19 customer through scheme/offers and 12customer features of model .so through the model comparison there are more customers motivated in comparison to other.
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FIG.11
From the above graph I have found the age 40-55 year that 17customer out of 100customer are motivated through model comparison and 6 customers through scheme/offers and 11customer features of model .so through the model comparison there are more customers motivated in comparison to other.
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TYPE OF ADVERTISEMENT
FIG.12
From the above graph I have found the age >55 year that 8customer out of 100customer are motivated through model comparison and 3 customers through scheme/offers and 3customer features of model .so through the model comparison there are more customers motivated in comparison to other.
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AGE
25 - 40
TV CHANNELS 28
40 -55
12
14
> 55
13
60
25
NO. OF CUSTOMER
20
Series1
10
FIG.13
From the above bar graph I have found the age 25-40 year age that 28customer out of 100customer are T.V.channle through motivated and 5 customers through motivated and 17customer through motivated so through the T.V.channle there are more customers motivated in comparison to other .
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8 6 4 2 0
NEWS PAPER
TV CHANNELS
FIG.14
From the above bar graph I have found the age 40-55 year age that 14customer out of 100customer are T.V.channle through motivated and 5 customers through motivated and 12customer through motivated so through the T.V.channle there are more customers motivated in comparison to other.
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FIG.15
From the above bar graph I have found the age >55 year age that 13customer out of 100customer are T.V.channle through motivated and 1 customers through motivated and 5customer through motivated so through the T.V.channle there are more customers motivated in comparison to other.
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I HAVE APPLEY THE CHISQUARE TEST FOR AGE GROUP AND TYPE OF ADVERTISEMENT.
TOTAL 52 34 14 100
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H0 : Age group has no dependent on the type of advertisement . H1 : Age group has dependent on the type of advertisement.
Calculated value is less than critical value. Than accepts the null hypothesis. Age group has no dependent on the type of advertisement.
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I HAVE APPLE THE CHISQUARE TEST FOR AGE GROUP AND EFFECTIVE MEDIA FOR ADVERTISEMENT.
AGE/GROUP
TOTAL 50
25-40
17
40-55
12
14
31
>55 TOTAL
13
19 100
34
11
55
AGE/GROUP
25-40
17
5.5
27.5
40-55
10.54
3.41
17.05
>55
6.46
2.09
10.45
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H0 : Age group has no dependent on the effective media for advertisement. H1 : Age group has dependent on the effective media for advertisement .
Calculated value is less than critical value. Than accepts the null hypothesis. Age group has no dependent on effective media for advertisement
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Maruti Company has tough competition with Tata Motors, Hyundai, and GM. They are tough competitors of Maruti Company in the automotive market. Maruti Company is looking ahead in Rural Field .They are trying to sale their vehicles to the peoples in the rural areas and they are also providing loan for their vehicles on an easy documentation process.
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Maruti is the first company which is looking ahead to sale their vehicles in rural areas. I got a good job profile by the dealer because from my profile I come to know about the deferent type of advertisement which is needed for car. From my job profile I came to know about those customers who are interested to buy their vehicles through advertisement.
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More outlets of the company should be there because outlets are not available in all cities; customers have to go to other cities for the outlets of the cars. Prices of car models are different at different Dealers so customers get confused that the dealers are cheating them so the prices of all the car models at every dealer should be same. Difference between the EMI of the financed cars which are created by the finance consultants as attractive scams for customers. The company should more invest on their Advertisements and selling expenditure. Maruti Company also given their advertisements in more popular magazines newspapers to increase their sales. Company should provide some special facilities to the customers who are from agriculture field to increase their sales in that area.
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The important suggestion to the customers of Maruti Company is that they should always use Authorized Service Station for the maintenance of their cars. The customers of Maruti cars should contact to their nearest Dealer for any query or for any problems related to their vehchiles. The customers of Maruti should purchase the accessories of Maruti cars only from the authorized dealers of Maruti because if they will use another local accessories in their cars then the warranty of their Maruti is being expired and the dealer will not provide any facility to them Maruti company provide Maruti True Valve Shop for the customers who want to sale their used cars and purchase new one and also provide second hand cars to the customers with new warranty on his old vehicles. Maruti True Value Shop also provides finance facility to the customers who want to purchase used cars through different banks. Maruti customers should take the facility of after sales service of Maruti Company which is given by the company to especially for their customers at a particular time period.
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CONCLUSION
According to this survey I found that realy people are attracted by the advertisement. Maruti Suzuki Company has tough competition with other Automobile companies as like as TATA Motors, Hyundai Motors, Toyota Motors, etc. I found during my study at Maruti Dealers shop that a person should have great communication skill because we need a great communication power to communicate with customers. Maruti Company is interested in the field of Advertisement because there is lots of chance to increase their profit by selling more vehcles and also to increase their market share in the Automobile Market. People took interest in buying vehicles through advertisemement. Maruti Company is giving very attractive advertisement to their consumer in deferent area. It was great experiences to communicate with different people. I learnt to convince customers and make them clear about their all queries related to sales.
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BIBILIOGRAPHY
Websites : www.marutisuzuki.com
www.business-today.com www.thetimes.com www.indiaautomobile.com www.marutiautocard.com www.marutidilse.com www.thehindubusiness.com www.tatamotors.com www.tatacompany.com www.hondamotors.com www.hondacompany.com www.toyota.com www.toyotamotors.com www.toyotacompany.com
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Q
Name Address : : Contact no. : Age Occupation : 1. 2. 3. 4. Business Service Profession Other
uestionnaire
Income : 1. 2 -4 Lacks 2. 4 -6 Lacks 3. Above 6 Laces 1. Have you got any passenger car? Yes No 2. If yes then which (company / type) car do you have? Maruti
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Tata Hyundai Chevrolet 3. In which year have you purchased your car? Above 5 year 1-3 years 3 -4 years
4 .Purpose of purchasing your car? Self Commercial 5. Are you satisfied with the performance of your car? Yes No 6. How you are motivated to purchase the model (car) ? From advertisement. From recommendation. Others. 7. Does advertisements plays any deciding role to purchase a car ? Yes No 8. If yes then what type of advertisement in your vies is more effective? Comparison of model with competition. Advertisement showing only scheme / offers. Advertisement focusing only on features of model.
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9. In your vies effecting media for giving advertisement is . Through print media like News paper, Magazines etc. Through Bill Board, Hoardings. ThroughT.V. channel. 10. Any suggestion.
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