synopsis for customer perception

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    SYNOPSIS

    A STUDY ON CUSTOMER PERCEPTIONON THE

    MARUTI SUZUKI SERVICES AND PRODUCTS

    MASTER OF BUSINESS ADMINISTRATION

    III SEMSUBMITTED BY

    SREEKALA . M

    UNDER GUIDANCE OF REHENA SAJITH

    CUSTOMER PERCEPTION ABOUT MARUTI SUZUKI

    SERVICES AND PRODUCTS

    COMPANY NAME: MARUTI SUZUKI.

    INTRODUCTION:

    Indian automobile sector is in a growth phase. It all

    started mainly due to liberalization, privatization and

    globalization (LPG) of Indian economy. Today Indian car

    manufacturers are able to manufacture cars that are

    able to meet global standards. This is a study to know

    about the customers perception towards MARUTI

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    SUZUKI one of the oldest and strongest market player in

    India. The aim of the project is to get the views of the

    customer about its services, products and their

    expectations of new product from the company.

    STATEMENT OF THE PROBLEM:

    Due to LPG of Indian economy there are various foreign

    players in the Indian automobile sector. There is huge

    competition due to the entry of new companies. In this

    situation there is a need to study about the consumers

    perception of the MARUTI SUZUKI services andproducts. As the Government of India has a stake in this

    company it is necessary to know the market situation

    and respond to it efficiently.

    SCOPE OF THE STUDY:

    The scope of the study is limited to find the customers

    perception towards the services and products of MARUTISUZUKI. It is a general study and not confined to any

    industrial standards. It is conducted in the geographical

    area of Bangalore.

    OBJECTIVES OF THE STUDY:

    To find out the sources of awareness of the

    dealership and products.

    To find out the various attributes considered by the

    customer beforepurchasing the product.

    To find out the customers satisfaction level during

    the sales and after sales process.

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    To find out the dealership name from where the

    customers havepurchased their product.

    To find out the new product they expect from the

    company.

    RESEARCH METHODOLOGY:

    The research conducted is a descriptive research, it

    involves the study of the customers perception towards

    services and products of MARUTI SUZUKI with the helpof GARUDA AUTOCRAFT PVT. LTD, a dealership which

    provides sales and services of MARUTI SUZUKI

    products.

    SOURCES OF DATA

    1.PRIMARY DATA

    The data is collected by interviewing the respondents

    through questionnaire and the raw data collected will be

    transformed into a needed list of information.

    2.SECONDARY DATA

    Secondary data consists of information that already

    exists. It would be collected from the website

    marutisuzuki.com and through personal Interviews.

    TOOLS AND TECHNIQUES OF DATA ANALYSIS

    Simple random sampling is used. It is a procedure to

    collect the data from few elements from the entire

    population. It is a small specimen area that represents

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    the entire population. The sample size is decided to be

    100. The data would be collected through a sample

    survey by personal interview using structured

    questionnaire and reviewing the secondary data. Thesamples are bound to Bangalore. The collected data is

    represented in tables, graphs and are analyzed.

    PROFILE OF THE INDUSTRY

    The Automotive industry in India is one of the largest

    in the world and one of the fastest growing globally.

    India manufactures over 11 million vehicles(including 2wheeled and 4 wheeled) and exports about 1.5 million

    every year. It is the world's second largest manufacturer

    of motorcycles, with annual sales exceeding 8.5 million

    in 2009. India's passenger car and commercial vehicle

    manufacturing industry is the seventh largest in the

    world, with an annual production of more than 2.6

    million units in 2009. In 2009, India emerged as Asia'sfourth largest exporter of passenger cars, behind Japan,

    South Korea and Thailand. As of 2009, India is home to

    40 million passenger vehicles and more than 2.6million

    cars were sold in India in 2009 (an increase of 26%),

    making the country the second fastest growing

    automobile market in the world. According to the Society

    of Indian Automobile Manufacturers, annual car sales areprojected to increase up to 5 million vehicles by 2015

    and more than 9 million by 2020. By 2050, the country is

    expected to top the world in car volumes with

    approximately 611 million vehicles on the nation's roads.

    A chunk of India's car manufacturing industry is based in

    and around the city of Chennai, also known as the "

    Detroit of India" with the Indian city accounting for 60

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    per cent of the country's automotive exports. Gurgaon

    and Manesar near New Delhi are hubs where all of the

    Maruti Suzuki cars in India are manufactured. The

    Chakan corridor near Pune, Maharashtra is anothervehicular production hub with General Motors,

    Volkswagen/ Skoda, Mahindra and Mahindra in the

    process of setting up or already set up

    facilities. Ahmedabad with Tata Motors Nano plant and

    Halol with General Motors in Gujarat, Aurangabad in

    Maharashtra, Kolkatta in West Bengal are some of the

    other automotive manufacturing regions around thecountry.

    COMPANY PROFILE

    Maruti Suzuki India Limited (MSIL, formerly known as

    Maruti Udyog Limited) is a subsidiary of Suzuki Motor

    Corporation, Japan. MSIL has been the leader of the

    Indian car market for over two and a half decades. Thecompany has two manufacturing facilities located at

    Gurgaon and Manesar, south of New Delhi, India. Both

    the facilities have a combined capability to produce over

    a 1.2 million (1,200,000) passenger car units annually.

    The company plans to expand its manufacturing

    capacity to 1.75 million by2013. For this the company

    will be investing around Rs. 60 Billion (Rs 6,000Crores)over the period till 2013.The company offers a wide

    range of cars across different segments. It offers14

    brands and over 150 variants - Maruti 800, people

    movers, Omni and Eeco, international brands Alto, Alto-

    K10, A-star, Wagon R, Swift, Ritz and Estilo, off-roader

    Gypsy, SUV Grand Vitara, sedans SX4 and Swift DZire In

    an environment friendly initiative, in August 2010 Maruti

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    Suzuki introduced. factory fitted CNG option on 5 models

    across vehicle segments. Theseinclude Eeco, Alto, Estilo,

    Wagon R and Sx4.In fiscal 2009-10 Maruti Suzuki

    became the only Indian company to manufacture andsell One Million cars in a year.Maruti Suzuki has

    employee strength over 7,600 (as at end March 2010),In

    2009-10, the company sold a record 10,18,365 vehicles

    including 1,47,575units of exports. With this, at the end

    of March 2010, Maruti Suzuki had amarket share of 53.3

    per cent of the Indian passenger car market (including

    Csegment).

    OVERVIEW OF THE CHAPTER:

    Details of the theoretical background to project study

    Design of study includes status of problem

    objectives and scope along with methodology.

    Industry profile/ respondent profile.

    Study of problem through data analysis and

    interpretation along with charts and tables.

    Gives summary of findings recommendation and

    conclusions.

    HYPOTHESIS:

    NULL HYPOTHESIS (H0): Customers are satisfied with

    current services and products of MARUTI SUZUKI

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    ALTERNATIVE HYPOTHESIS (H1): Customers are not

    satisfied current services and products of MARUTI

    SUZUKI

    Questionnaire

    1. Age group of respondents.

    It shows the age group of the respondents AGE GROUP

    18-25

    26-33

    34-41

    42 and above

    2. Qualifications

    QUALIFICATION

    Under graduate

    Post graduate

    P.U.C

    S.S.L.C.

    Others

    3. MONTHLY INCOME

    Below 10,000

    10,001 15,000

    15,001 20,000

    20,001 25,000

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    25,000 and above.

    4. OCCUPATION

    Salaried

    Self Employed

    Others______________

    5. Which vehicle do you own?

    ______________________

    6. YEAR OF PURCHASE

    1985 1990

    1991 1996

    1997 2002

    2002 until now.

    7. Average distance travelled per day

    Up to 15

    16-25

    26-35

    35 and above

    8. Usage purpose

    Official

    Personal

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    Others.

    9. Rating of available colours

    Very good

    Good

    Average

    Fair

    10. Do you want to sell the existing model for new one

    Yes

    No

    11. Overall satisfaction of the product.

    Highly satisfied

    Satisfied

    Undecided

    Unsatisfied

    Highly unsatisfied

    12. Are you satisfied with the current service centre?

    Strongly agree

    Agree

    Neither agree or disagree

    Disagree

    Strongly disagree

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    13. Labour charges of service station compared to others

    Very high

    High

    Medium

    Low

    Very low

    14. Delivery as per schedule

    Always

    Most of times

    Some times

    Never

    Very rare

    15. Mobile service providing

    Excellent

    Good

    Fair

    Poor

    Very poor

    16. Are the people at service station co-operative?

    Very high

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    High

    Moderate

    Low

    Poor

    17. Source of awareness of dealership

    Advertisement

    News paper

    Magazines

    Friends and relatives

    18. Source of awareness of the product

    Advertisement

    News paper

    Magazines

    Friends and relatives

    19. Show room ambience

    Excellent

    Very Good

    Good

    Satisfactory

    20. Sales process

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    Excellent

    Very good

    Good

    Fair

    21. Financial schemes

    Excellent

    Very good

    Good

    Fair

    22. Opinion of Post Sales follow-ups

    Very good

    Good

    Average

    Poor

    23. Diagnostic of complaints

    Excellent

    Good

    Average

    Fair

    24. New product that you expect from MARUTI SUZUKI

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    SUV

    MUV

    SMALL CAR

    ENTRY LEVEL SEDAN

    LUXURY CAR

    _______________________________________________________________