article ready for publication

Upload: ulsasi

Post on 02-Jun-2018

215 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/9/2019 Article Ready for Publication

    1/21

  • 8/9/2019 Article Ready for Publication

    2/21

    independence, real financial saving and privacy. owever, some people perceive effects of car

    use such as declining fitness due to lack of e"ercise or stress when stuck in traffic.

    &bout *+ percent of car owners may not imagine living without car. /eople who drive a lot tend

    to regard public transportation to be inferior )uality, unmatched with their status and standards of

    living. The current driving trends indicate much more car use and fewer acceptable alternatives.

    In an attempt to reduce car travel, addressing the most cars dependent will be least successful.

    CAR CONSUMPTION OF WOMEN

    The car market, in common with many other markets, has entered a competitive period in which,

    although volume sales have increased, market values are declining as a result of high capacity,

    high levels of imports and market saturation. 0omen are still far more likely than men to live in

    households with no car, although the pattern is far more e)ual among younger men and women.

    0omen(s increased earning power and rising economic wealth therefore make them of growing

    importance in e"panding car manufacturers( threatened sales targets. #learly women are buyingsmall, fuel-efficient cars in greater and greater numbers. This reflects womens responsibility

    attitude toward the environment as well as price consciousness.

    OBJECTIVES

    To find out the attitude of women consumers in purchasing cars.

    To find out the factors that influence women car buyers.

    To find out the maor information sources through which they come to know about the

    carmakers and models. To find out the price range that is preferred by women and the financial sources which

    they prefer to purchase cars

    To find out the preferences with regard to interior comforts, safety measures and other

    comforts that the carmakers offer.

    To find out the level of awareness with regard utility of cars among women consumers.

    NEED FOR THE STUDY

    The purpose of the study is to view the 0omen #onsumers preferences and awareness about

    cars. 1ver since the advent of information technology in India, there has been a steady increase

    in the number of women employees in these industries. &s these working women are paid with

    handsome of salaries by the companies and their working hours are varied, there is a need for

    them to have safe and secure transportation with a fair degree of privacy. These factors enable

    the women employee to purchase four wheelers of different brands. 2et another factor that

    encourages the women employee to purchase cars is the liberal loans offered by commercial

    3

  • 8/9/2019 Article Ready for Publication

    3/21

    banks and financial institutions. This also helps the automobiles industries to develop and launch

    the new products with wider variety of mi" to meet the specification and demands of women

    consumers.

    LIMITATIONS OF THE STUDY

    The opinions collected from one respondent cannot be taken as the opinion of the whole

    population. The result of the study is subected to personal bias of people. The study is done in

    /alakkad city. !o the opinions of the people outside the city are unknown. 4alidity and reliability

    of the data collected depend on the response given by the people. !ample si$e is limited to 3++only.

    METHODOLOGY

    The study was empirical in nature and was carried out to find the women consumers attitude of

    purchasing car with special reference to /alakkad #ity. & standardi$ed )uestionnaire method was

    administered in collecting data for the above study purpose. The sampling frame for this studywas 0omen consumers. #onvenience sampling techni)ue was selected as a sample design. The

    study is e"clusively conducted in /alakkad #ity keeping in mind to find the price range,

    preference and level of awareness towards the purchasing of car. !imple /ercentage and #hi

    s)uare test were used for data analysis.

    REVIEW OF LITERATURE

    &sha 4.!.53+36, highlighted that the %aruti motor car segment within the four-wheeler industryshowed a distinct behavior, compared to the overall sales of four-wheeler. %ost of the women

    consumers buy &lto car. It provides for increased comfort drivability, safety, economical and

    convenience as compared to other brands. The women consumers are satisfied with their aftersale services. %ost of the women opined that, the reason behind dealing with a particular brandis 7Brand image8. /reference to &lto car followed by %aruti and others. 9iran 9umar.: 53+36

    in the study an attempt has been made to the survey for improving the customer satisfaction of

    yundai four-wheelers. %any suggestions have been made to overcome the problems relating toyundai. The study had helped to gain more knowledge about the car industry. The customer is

    considered to be the prime focus in todays market as customers is the first person in the

    business. !araswathi 53++*6 in her study on consumer satisfaction on post-sales service withreference to four-wheeler automobile industry in yderabad and !ecunderabad reflected that

    %aruti, yundai and Tata were the main players in four-wheeler industry. The study indicated

    that most of the respondents were aware of the service centers and received reminders from

    dealers for free services. The study also found that most of the respondents were satisfied withthe over-all service offered to them. 4idhya !hankar 53++;6 in her study, focused attention on the

    nature of various categori$ed of consumer perception of yundai car. The study points out that

    the selection of a particular brand of yundai car is due to the influence of product factors suchduring comfort, appearance availability of spares, price etc. !awant 53++;6 did a study on buying

    of four-wheelers from ++ respondents within

  • 8/9/2019 Article Ready for Publication

    4/21

    did not consider the safety factor to be that important, they found that all models are more or lesse)ually safe. The criteria that ultimately played a significant role in the purchase decision of

    respondents were> mileage, price, re)uired maintenance, acceleration and makers reputation.

    DATA ANALYSIS AND INTEPRETATION

    TABLE NO: 4.1 - AGE LEVEL

    !ource> /rimary :ata

    In!"!n#!:

    ?rom the above table it is inferred that, 3 percent belongs to the age group of 3+-3@ years, A

    percent belongs to the age group of 3@-=+ year, 33 percent belongs to the age group of =+-=@

    year, A percent belongs to the age group of =@-+ and 3A percent belongs to the age group above

    + years.

    TABLE NO: 4.$ - MARITAL STATUS

    S.N% M&"'(&) *(&(+* N%. % "!*,%n!n(* P!"#!n(&! !ingle C+ =+

    3 %arried + ;+

    Total 3++ ++

    S.N% A! L!/!) N%. % "!*,%n!n(* P!"#!n(&! 3+-3@ 3 3

    3 3@-=+ =* A

    = =+-=@ 33

    =@-+ * A

    @ &bove + @* 3A

    Total 3++ ++

    http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    5/21

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, =+ percent of the Despondents are single and ;+ /ercent

    of the respondents are married people.

    TABLE NO: 4.0 - EDUCATIONAL UALIFICATION

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, ; percent of respondents are having higher secondary

    )ualification, 3 percent of the respondents are having :iploma )ualification, 3C percent of

    respondents are having under graduate )ualification, Cpercent of respondents are having

    /ostgraduate )ualification and percent are others.

    @

    S.N% E+#&('%n&) 2+&)''#&('%n N%. % "!*,%n!n(* P!"#!n(&! !# ;

    3 :iploma 3

    = Under graduate @3 3C

    /ost graduate 33 C

    @ 'thers *

    Total 3++ ++

    http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    6/21

    TABLE NO: 4.4 - OCCUPATION

    S.N% O##+,&('%n N%. % "!*,%n!n(* P!"#!n(&! Business + @

    3 primary data

    In!"!n#!:

    ?rom the above table it is inferred that, @ percent of respondents are business women, * percent

    are government employees, 3A percent are private employees, 3@ percent are IT professionals

    and 3= percent are homemakers.

    TABLE NO: 4.3 - CAR USERS

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, C@ percent of respondents own a car and =@ percent do

    not own a car.

    C

    S.N% P!%,)! %n & #&" N%. % "!*,%n!n(* P!"#!n(&! 2es =+ C@3 o ;+ =@

    Total 3++ ++

    http://s.no/http://s.no/http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    7/21

    TABLE NO: 4.5 - DURATION OF CAR UTILITY

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, A percent of the respondent are using car from +- yr.=

    percent were using car from -3 years, = percent were using car from 3-= years, percent were

    using car from = E years and == percent were using car above years

    TABLE NO: 4.6 - CONSUMER PRICE PREFERENCES

    !ource> primary data

    ;

    S.N% D+"&('%n % C&" U*&! N%. % "!*,%n!n(* P!"#!n(&! +- year * A

    3 -3 year 3C =

    = 3-=year C* =

    =- year 33

    @ &bove years CC ==

    Total 3++ ++

    S.N%

    P"!!"&7)! P"'#! R&n! N%. % "!*,%n!n(* P!"#!n(&!

    Ds. 3.@ E .@ lakhs A3 C

    3 Ds. .@ - C.@ lakhs A+ @

    = Ds. C.@ - *.@ lakhs ;

    Ds. *.@ - +.@ lakhs 3

    @ &bove Ds. +.@ lakhs 3

    Total 3++ ++

    http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    8/21

    In!"!n#!:

    ?rom the above table it is inferred that, C percent of respondents prefer cars between Ds.3.@ -

    .@ lakhs, @ percent prefer cars between Ds..@ - C.@ lakhs, ; percent prefer cars between

    Ds. C.@ - *.@ lakhs, percent prefer car between Ds.*.@ - +.@ lakhs and percent prefer cars

    above Ds.+.@ lakhs.

    TABLE NO: 4.8 - FINANCIAL SOURCES UTILI9ED TO PURCHASE CAR

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, =A percent of respondents choose bank, 3+ percent

    choose private financials, A percent choose loan through dealership and 33 percent purchase car

    with their own source of income.

    *

    S.N% F'n&n#'&) S%+"#! N%. % "!*,%n!n(* P!"#!n(&!

    Bank ;* =A

    3 /rivate financials + 3+

    = Foans through dealership =* A

    'wn source of income 33

    @ Fease + +

    Total 3++ ++

    http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    9/21

    TABLE NO: 4. - INFORMATION SOURCES TO PURCHASE CAR

    S.N

    %

    In%";&('%n S%+"#! N%. % "!*,%n!n(* P!"#!n(&!

    T4 33

    3 Internet = ;

    = %aga$ines + 3+

    Deferral C 3=

    @ 0alk into show room @* 3ATotal 3++ ++

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, percent of respondents use T4, ; percent use

    internet, 3+ percent use maga$ines, 3= percent collect through referral and 3A percent walks into

    showroom to find out the information about car for purchase.

    TABLE NO: 4.1< - COLOUR PREFERENCE

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, 3C percent of the respondent prefer dark colors, @

    percent prefer light colors and 3A percent prefer Bright colors.

    A

    S.N% C%)%"* N%. % "!*,%n!n(* P!"#!n(&! :ark @3 3C

    3 Fight A+ @

    = Bright @* 3A

    Total 3++ ++

    http://s.no/http://s.no/http://s.no/http://s.no/http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    10/21

    TABLE NO: 4.11

    FIRST PREFERENCE TO INFLUENCE THE CHOICE OF PURCHASING CAR

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, =3 percent give first preference for cost, percent give

    first preference for fuel efficiency, @ percent give first preference for e"terior appearance, 3;

    percent give first preference for safety and reliability and 3@ percent give first preference for

    brand.

    +

    S.N% F(%"* 'n)+!n#! #=%'#! % B+>'n N%. % "!*,%n!n(* P!"#!n(&!

    #ost C =3

    3 ?uel efficiency 33

    = 1"terior appearance + @

    !afety and reliability @ 3;

    @ Brand @+ 3@

    Total 3++ ++

  • 8/9/2019 Article Ready for Publication

    11/21

  • 8/9/2019 Article Ready for Publication

    12/21

    !ource> /rimary :ata

    In!"!n#!:

    ?rom the above table it is inferred that, 3 percent of respondents prefer manual transmission and

    ;C percent prefer automatic transmission.

    TABLE NO: 4.14 - SAFETY MEASURES

    S.N% T>,!* % S&!(> M!&*+"!* N%. % "!*,%n!n(* P!"#!n(&! #entral locking with test alarm 3+ +

    3 #entral locking with remote + 3+

    = Fow fuel warning lamp @+ 3@

    :ay and night mirror C *

    @ #hild safety rear door locks ; =;

    Total 3++ ++

    !ource> /rimary :ata

    In!"!n#!:

    ?rom the above table it is inferred that, + percent of respondents would like to have central

    locking with test alarm as a safety measure, 3+ percent would like to have central locking with

    remote, and 3@ percent would like to have low fuel warning lamp, * percent would like to have

    day and night mirror and =; percent would like to have child safety rear door locks. -

    TABLE NO: 4.13 - PRIORITY ON E?TERIOR ATTRACTION

    3

    S.N% E@(!"'%" N%. % "!*,%n!n(* P!"#!n(&! &lloy wheels 3C =

    3 'rdinary wheels 3

    = &lloy wheels with tubeless tyres @3 3C

    !tylish body look **

    @ Bumpers =+ @

    Total 3++ ++

    http://s.no/http://s.no/http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    13/21

  • 8/9/2019 Article Ready for Publication

    14/21

    !ource> primary :ata

    In!"!n#!:

    ?rom the above table it is inferred that, percent of respondents e"pect year warranty,

    percent e"pect 3 years, 3= percent e"pect = years, = percent e"pect years and percent

    e"pect @ years.

    TABLE NO: 4.16 - DURATION OF CAR USAGE

    S.N% D+"&('%n N%. % "!*,%n!n(* P!"#!n(&! 3 years 3 C

    3 =years C+ =+

    = years =+ @

    @years 3 3

    @ &bove @ years @C 3*

    Total 3++ ++

    !ource> /rimary :ata

    In!"!n#!:

    ?rom the above table it is inferred that, C percent of the respondents use the same car for 3 years

    only, =+ percent of the respondents use the same car for = years, @ percent of the respondents

    use the same car for years, 3 percent of the respondents use the same car for @ years and 3*

    percent of the respondents use the same car for more than @ years.

    TABLE NO: 4.18

    CAR USERS: WHAT CAR USER FEELS ABOUT CARS

    SEATS ARE COMFORTABLE

    !ource> primary data

    In!"!n#!:

    S.N% S!&(* &"! #%;%"(&7)! N%. % "!*,%n!n(* P!"#!n(&!

    !trongly agree 3 C3

    3 &gree ;3 =C

    = eutral 3

    :isagree 3 @ !trongly :isagree + +

    Total 3++ ++

    http://s.no/http://s.no/http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    15/21

    ?rom the above table it is inferred that, C3 percent of the respondents strongly agree that their

    seats are comfortable, =C percent agree percent were neutral disagree respectively.

    TABLE NO: 4.1 - AIR CONDITIONER WORKS WELL

    !ource> /rimary :ata

    In!"!n#!:

    ?rom the above table it is inferred that, C+ percent of the respondents strongly agree that their air

    conditioner works well, =@ percent agree, 3 percent were neutral and = percent disagree.

    TABLE NO: 4.$< - STORAGE SPACE IS ADEUATES.N% S(%"&! *,! &"! &!2+&(! N%. % "!*,%n!n(* P!"#!n(&!

    !trongly &gree A ;

    3 &gree @ 3;

    = eutral *

    :isagree + 3+

    @ !trongly :isagree 3

    Total 3++ ++

    @

    S.N% A'" C%n'('%n!" N%. % "!*,%n!n(* P!"#!n(&!

    !trongly agree 3+ C+3 &gree ;+ =@

    = eutral 3

    :isagree C =.

    @ !trongly :isagree + +

    Total 3++ ++

    http://s.no/http://s.no/http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    16/21

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, ; percent of the respondents strongly agree that their

    storage space is ade)uate, 3; percent agree, percent were neutral, 3+ percent disagree and 3

    percent strongly disagree.

    TABLE NO: 4.$1 - CAR ACCELERATE ADEUATELY

    !ource> /rimary :ata

    In!"!n#!:

    ?rom the above table it is inferred that, @ percent of the respondents strongly agree that their car

    accelerate ade)uately, A percent agree, percent were neutral, = percent disagree and 3 percent

    strongly disagree.

    C

    S.N% C&" #!)!"&(! &!2+&(!)> N%. % "!*,%n!n(* P!"#!n(&!

    !trongly agree A+ @

    3 &gree A* A

    = eutral 3

    :isagree C =

    @ !trongly :isagree 3

    Total 3++ ++

    http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    17/21

    TABLE NO: 4.$$ - PARKING THE VEHICLE EASILY

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, =* percent of the respondents strongly agree that they can

    park their vehicles easily, = percent agree, 3 percent were neutral, 3 percent disagree and

    3 percent strongly disagree.

    TABLE NO: 4.$0 - VEHICLES HANDLES WELL IN THE CITY AND HIGHWAYS

    S.N% C&" =&n)!* 'n (=! #'(> &n ='=&> !)) N%. % "!*,%n!n(* P!"#!n(&! !trongly agree A ;

    3 &gree A3 C

    = eutral *

    :isagree 3@ !trongly :isagree 3

    Total 3++ ++

    !ource> primary data

    In!"!n#!:

    ?rom the above table it is inferred that, ; percent of the respondents strongly agree

    that their cars handles well in the city, and highways C percent agree, percent were neutral.

    3 percent were disagreeing and percent were strongly disagreeing.

    CHI-SUARE ANALYSIS

    TABLE NO: 4.$4 - AGE AND INFORMATION SOURCE TO PURCHASE CAR

    S%+"#! TV In(!"n!( M&&'n!* R!!""&) W&) 'n(%

    *=% "%%;

    T%(&)

    ;

    http://s.no/http://s.no/
  • 8/9/2019 Article Ready for Publication

    18/21

    A!3+-3@ C + + 3 3

    3@-=+ 3 C * + 3 =*

    =+-=@ C * 3

    =@-+ 3 C 3 *

    &bove + * * + * @*

    Total 33 = + C @* 3++

    N+)) H>,%(=!*'*

    There is no significant relationship between age and information source to purchase car.

    &t @H level of significance, :.?. C, #.4. 3.@C, T.4. 3C.=!ince the calculated value is less than the table value, the null hypothesis is accepted, and hence

    we conclude that there is no relationship between age and information source to purchase car.

    *

  • 8/9/2019 Article Ready for Publication

    19/21

    TABLE NO: 4.$3 - MARITAL STATUS AND COLOUR PREFERENCE

    C%)%+"

    M&"'(&) S(&(+*

    D&" L'=( B"'=( T%(&)

    !ingle C 3 3+ C+

    %arried =C CC =* +

    Total @3 A+ @* 3++

    ull ypothesis

    There is no significant relationship between marital status and colour preference.&t @H level of significance, :.?. 3, #.4. +.AC3, T.4. @.AA

    !ince the calculated value is less than the table value, the null hypothesis is accepted, and hence

    we conclude that there is no relationship between marital status and colour preference.

    FINDINGS OF THE STUDY

    3A percent of the respondents belong to the age group of above + years. ;+ percent of the

    respondents are married people. C percent of respondents are having /ostgraduate )ualification

    and percent are others. @ percent of respondents are business women, * percent are

    government employee, 3A percent are private employee, and 3@ percent are it professionals and

    3= percent are homemakers. C@ percent of respondents own a car and =@ percent do not own a

    car. C percent of respondents prefer cars between 3.@ - .@ lakhs and @ percent prefer cars

    between .@ - C.@ lakhs. =A percent of respondents choose bank, 3+ percent choose privatefinancials, A percent choose loan through dealership and 33 percent purchase car with their own

    source of income. percent of respondents use T4, ; percent use internet, 3+ percent use

    maga$ines, 3= percent collect through referral and 3A percent walks into showroom to find out

    the information about car. 3C percent of the respondent prefers dark colors and 3A percent prefer

    Bright colors. =3 percent give first preference for cost, 3; percent give first preference for safety

    and reliability and 3@ percent give first preference for brand. =@ percent of the respondents give

    first preference to air conditioners. 3 percent of respondents prefer manual transmission and ;C

    percent prefer automatic transmission. + percent of respondents would like to have central

    locking with test alarm as a safety measure and =; percent would like to have child safety rear

    door lock. = percent of the respondents were attracted by alloy wheels and percent of the

    respondents were attracted by stylish body look. = percent of the respondents e"pect years

    warranty and percent e"pect @ years warranty. 3 percent of the respondents use the same car

    for @ years and 3* percent of the respondents use the same car for more than @ years. C3 percent

    of the respondents strongly agree that their seats are comfortable. C+ percent of the respondents

    strongly agree that their air conditioner works well. ; percent of the respondents strongly agree

    that their storage space is ade)uate and 3 percent strongly disagree and feel that the storage space

    A

  • 8/9/2019 Article Ready for Publication

    20/21

    is not ade)uate. @ percent of the respondents strongly agree that their car accelerate ade)uately.

    =* percent of the respondents strongly agree that they can park their vehicles easily, 3 percent

    disagree and 3 percent strongly disagree and said that parking their vehicles is not very

    easy. ; percent strongly agree that their car handles well in the city and C percent agree that

    their car handles well in the highways.

    SUGGESTIONS

    The respondents were aware about cars through entire information source. !o the company

    should come out with, the most effective dissemination of information about cars, through all

    possible advertisement strategy. %ost of the respondents those who were highly aware about cars

    belong to the age group of =+ - =@, ence the company should target the above age group to

    offer the car according to their preferences. The survey indicates that more respondents prefer

    low price models 5Ds. 3.@ - .@ lakhs6. ence suggestions is made that manufacturer must offer

    car of above price range to women consumers. &s more respondents prefer light colors with air

    conditioner facility in the cars, suggestions are made to the manufacturer to give high priority tothese features. ?urther child safety rear door locks as safety measures and stylish e"teriors are

    preferred by most of the consumers, Therefore manufacturer must have a conscience to these

    suggestions.

    CONCLUSION

    The most preferred car must be compact, air conditioned, stylish and safety measure such as

    child lock system. &s the consumers belong to upper middle income group, the company shouldfacilitate attractive loan offers by having tie-ups with commercial bank. igh focus and weight

    age must be given to attribute preferred by women while launching the new product. The year of

    warranty they e"pect for a car shows that the awareness has reached the mass female. &fter sales

    service also considered by the women consumer, hence high priority should be given for after

    sales service with sufficient staff and networking infrastructure.

    BIBLIOGRAPHY

    9othari, #.D, J0esear+h Methoology " Methos 3 4e+hni5ues, 5!econd edition6, ew :elhi>0ishwa /rakashan 53++36.

    Daan !a"ena, JMar6eting Management, 3ndedition, ew :elhi> Tata %c '"ford University

    /ress 53++;6. %c

  • 8/9/2019 Article Ready for Publication

    21/21

    /hilip 9otler and 9evin Fane 9eller, JMar6eting Management, :orling 9inersley 5India6 /vtFtd, 3++;