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SUBMITTED BY:
RISHABH SHARMA
(Assistant Professor)
PREFACE
Today the business environment is rapidly changing in this competitive
environment the popular trend is also striving for maintaining its positions
therefore it become essential for the companies that they should know about
their preference & taste.
Regarding a particular product it is of almost necessary to know the
consumers satisfaction to the value offered by the company in case of
dissatisfactory result it is essential to as certain whether the dissatisfaction is for
entire product or part of it is and what value do the consumers expect from it?
The research will provide the relevant information to the organization
about consumers attitude towards there products & services.
The research work is sincere effort to find out the ultimate requirement of
consumers for the betterment of research as well as the organization.
CERTIFICATE
This is to certify that Rishabh Sharma student of Jagan
Institute of Management Studies, Sector-5, Rohini, Delhi
has worked under my supervision and guidance on consumer
satisfaction with maruti suzuki" submitted in partial
fulfilment for the award of degree in Bachelors of Business
Administration, of Guru Gobind Singh Indraprastha
University, Delhi. The matter embodied in this report is
authentic and same is recommended for evaluation. I wish him
luck in his future endeavours.
Shiv Anand
Assistant Professor
JIMS, Sec-5 Rohini, Delhi
ACKNOWLEDGEMENT
Project work is never the accomplishment of an individual
rather it is an amalgamation of the efforts, ideas and cooperation
of
a
number
of
entities.
I
would like to thank GURU GOBIND SINGH INDRAPRASTHA
UNIVERSITY for giving an opportunity to work on a valuable
project. I am thankful to our Faculty Mr. Shiv Anand, for
motivating me to complete this project with complete focus and
attention. I wish to express my heartfelt gratitude to the all the
people who have played a crucial role in the research for this
project, without their active cooperation this project could not
have been completed within the specified time limit.
RISHABH SHARMA
BBA (G) 03214001713
EXECUTIVE SUMMARY
Very often, there is an analogy drawn between the state of the great Indian roads
and the pace of economic development in the country. Needless to say, its not a
very pleasing comparison. So the average Indian customer who rides the roads
of India is naturally extremely cautious when it comes to investing in a vehicle.
Only those rough and tough enough to survive the potholes and nightmarish
surfaces can pass muster. In such a scenario, Maruti Udyog Limited, a
subsidiary of Suzuki Motor Corporation of Japan, has been the leader of the
Indian car market for about two decades. The company has a portfolio of 11
brands, including Maruti 800, Omni, premium small car Zen, international
brands Alto, WagonR and Swift, off-roader Gypsy, mid size Esteem, luxury car
Baleno, the MPV, Versa and Luxury SUV Grand Vitara XL7. It has introduced
upgraded versions of all its existing products completely designed and styled inhouse.
CHAPTER-1
INTRODUCTION
AND HISTORY
In 2000 Maruti becomes the first car company in India to launch a Call
Center for internal and customer services. The new Alto model is also
released.
In 2003 the new Suzuki Grand Vitara XL-7 appears, while the Zen and
the Wagon R are upgraded and redesigned model.
In 2006 Suzuki and Maruti set up another joint venture, "Maruti Suzuki
Automobiles India", to build two new manufacturing plants, one for
vehicles and one for engines
PRODUCT PROFILE:-
Model
Launched
Category
Omni
1984
Minivan
Gypsy
1985
SUV
WagonR
1999
Hatchback
Grand Vitara
2007
Mini SUV
Image
Swift DZire
2008
Sedan
Ritz
2009
Hatchback
Kizashi
2011
Sedan
Ertiga
2012
Mini MPV
Alto 800
2012
Hatchback
Stingray
2013
Hatchback
10
Celerio
2014
Hatchback
11
Threats
Weakness
Strengths
Many players fighting for the same cakeLack of in house R & D
New model introductio
Entry of new players
Brand Name
Cannibalism
Dominance mainly at l
Large Distribution Network
Wide product offering at different price points
Cheapest Cars in corresponding segments
Encouraging exports
Awarded many awards
Economy with technology
Opportunity
Rise of Indian middle class and small cities
A booming economy
Rising exports
12
Competitors
13
14
CHAPTER-2
OBJECTIVES
AND
METHODOLOGY
15
CONSUMER BEHAVIOUR: It is defined as all psychological, social and physical behavior of potential
customers as they become aware, evaluate, purchase, consume, and tell to
others about product and services.
Buying behavior involves both individual ( psychological) and group
process.
Buyer behavior is reflected from awareness right through post
purchase evaluation indicating satisfaction and non satisfaction ,
from purchaser
Buyer behavior includes communication, purchasing and
consumption behavior
Consumer behavior is basically social in nature hence the social
factors play important roles in shaping buying behavior
16
DIVERSITY OF CONSUMER BEHAVIOR:customer and consumer words are referred as synonyms but the difference
exists
customer - the purchaser of product or service , may or may not be
the end user
consumer- the end user , may or may not be the purchaser
new age of business demands
differentiation of customers by
17
Consumer behavior can be said to be the study of how individual make decision
on how to spend their available resources (time, money, effort) on various
consumption related items. This simple definition of consumer behavior tells the
markets to resolve every activity around the ultimate consumers & gauge their
behavior by specially focusing on:
Who buys products or services?
How do they buy products or services?
Where do they buy them?
How often they buy them?
Why do they buy them?
How often they use them?
These questions will help in understanding better what factors influences the
decision making process of the customer.
CONSUMER DECISION MAKING PROCESS: Stimuli- need, reasons, influences, gathering information
Information processing- process , analyze information about product
Decision making - on the basis of analysis , decision to go for
Response- response to buy without any prejudice
For industrial buyers the process is almost similar only with addition
of re-buy, modified re buy or new task.
CONSUMER SATISFACTION:-
19
Satisfied Customers are people who are happy with the product & services &
are willing to come back & pay for it again.
CONSUMER RESEARCH:-
CHAPTER-3
RESEARCH
20
METHODOLOGY
To study the evolution and growth of the Maruti Suzuki (Pvt.) Limited
in the context of the automobile revolution in India;
(ii)
To study the growth strategy of the Maruti Suzuki (Pvt.) limited and
the marketing methods followed by it in this regard.
(iii)
To study the small car revolution in India and the contribution of the
Maruti Suzuki (Pvt.) limited to it.
Basically the main objective of the survey is to try to identify whether
Maruti Suzuki Pvt. Limited is maintaining the service level desired by
the consumers. It also tries to study the company on different customer
21
22
Secondary Data: Secondary data has been collected from cars magazines, books relating to
consumer
behaviour,
from
Internet
from
sites
like
( http://en.wikipedia.org/wiki/Maruti_Suzuki ).
METHODOLOGY
A strategic analysis was done on The customer satisfaction with respect to car
models offered by maruti Suzuki pvt.limited.
UNIVERSE: All consumers /customers in South Delhi and surrounding areas.
23
ANALYSIS TECHNIQUES
24
CHAPTER-4
DATA
ANALYSIS
AND
INTERPRETATION
SALESMANSHIP:The knowledgeable salesman helps the people in buy good products .They tells
people about the coming model and all the specifications of that model.
25
KNOWLEDGEABLE
NUMBER OF
PERSENTAGE
SALESPERSON
RESPONDENTS
Strongly disagree
0%
disagree
0%
0%
agree
86
86%
Strongly agree
14
14%
agree
SOURCE:-Primary Data
Interpretation86% people agreed that the sales persons are knowledgeable and
14%strongly disagreed that the sales persons are knowledgeable.
If the company is a famous one then the before sales service is very better as
they didnt want their customer to get.
NUMBER OF
RESPONDENTS
PERCENTAGE
0%
disagree
0%
0%
agree
64
64%
Strongly agree
36
36%
agree
SOURCE:-Primary Data
27
Interpretation64% people agreed that the sales persons spent enough time with
thembefore the sales and 36% strongly agreed with this.
During sales services:The during sales service helps the customer in getting updates what kind of
engine is there present in the car.
NUMBER OF
ENOUGH TIME
RESPONDENTS
PERCENTAGE
0%
Disagree
4%
0%
62
62%
agree
Agree
28
Strongly agree
34
34%
SOURCE:-Primary Data
Interpretation62% agreed that sales persons spent enough time with them during the sales
,while 34% strongly agreed that the sales persons spent enough time with
themduring sales and only 4% disagreed with this.
NUMBER OF
PERCENTAGE
29
Strongly disagree
0%
Disagree
22
22%
0%
agree
54
54%
Strongly agree
26
26%
agree
SOURCE:-Primary Data
Interpretation6 0 % a g r e e d t h a t t h e s a l e s p e r s o n s s p e n t e n o u g h t i me w i t h t h e m
a f t e r sales ,26% strongly agreed with this and 14% disagreed that the
salespersons spent enough time with them after sales.
30
NUMBER OF
MERCHANDIZE
RESPONDENTS
PERCENTAGE
Strongly disagree
0%
disagree
0%
0%
agree
94
94%
Strongly agree
6%
agree
SOURCE:-Primary Data
31
NUMBER OF
THE PRODUCT
RESPONDENTS
PERCENTAGE
Strongly disagree
0%
Disagree
4%
0%
32
agree
Agree
91
91%
Strongly agree
5%
SOURCE:-Primary Data
Interpretation
91% agreed that the availability of the product was there, 5%
stronglyagreed that the availability was there while only 4% said they
disagreedwith this.
33
CHAPTER-5
FINDINGS
AND
34
RECOMENDATION
S
FINDINGS:First I would like to present my survey findings. The main findings of my
survey are as follows:
It is found in the survey that males are the main decision maker for buying
the car. As per the data, 65% of male and 35% of female makes purchase
decision.
The main purchasing factors for the Maruti Suzuki are Quality and Brand
image. The data reveals that 42% influences on Quality and 32% influenced
for the Brand.
88% of the total respondents are using product since from a long time. The
majority of the respondents are using Maruti Suzuki products from more
than 3 years.
35
RECOMMENDATION: According to the respondents feedback, MUL needs to launch new & better
models in the small car and luxury car segment and upgrade its existing models
in the mid size car segment.
Marutis vehicles are still number one in terms of service standards, other
factors like fuel efficiency, trouble-free operation etc., but still it needs to
improve as its existing model like Maruti 800 is becoming outdated in
36
technological terms & other foreign players like Hyundai, General Motors are
using latest technologies
CHAPTER-6
CONCLUSION
37
CONCLUSION:-
From the survey conducted it is observed that Maruti Suzuki has a good market
share.
From the study conducted the following conclusions can be drawn. In order the
dream comes into reality and for turning liabilities into assets one must have to
meet the needs of the customers.
The factors considered by the customer before purchasing cars are price,
comfortablity and availability.
38
Finally I conclude that, majority of the customers are satisfied with the Maruti
Suzuki because of its good quality, reputation, easy availabilities. Some
customers are not satisfied with the Maruti Suzuki because of high price, lack
of
39
BIBLIOGRAPHY :
Books & Journals
The Economist
Economic Times
Autocar Indias
40
Annexure
QUESTIONNAIRE :
Name
: - ______________________________________________
Address: Age
_______________________________________________
: - _________________ Gender
: - _________________
Q-1. What are the basic features you look for in a car?
(Rank Between 1 to 13)
Rankings
(a)
Looks/Appearance
(b)
Mileage
(c)
Brand Name
(d)
Price
(e)
Car Accessories
41
(f)
Power Steering
(g)
Speed
(h)
Colour
(i)
Airbags
(j)
(k)
Defogger
(l)
Effective AC System
(m)
42
Small Cars
Premium Cars
Luxury Cars
Alloy Wheels
Rear Spoiler
Q-4. Small cars generally give better service than large ones.
Agree
Disagree
Q-5. What type of services you prefer at the time of purchase of car/
Test-drive
Proper product information
Good Salesmanship
43
warranty
Q-8. Which car of MUL do you think has the highest resale value?
Alto
Omni
Maruti 800
Maruti Zen
Wagon R
Versa
Maruti Esteem
Baleno
Swift
Maruti Zen Classic
Maruti Gypsy
Grand Vitara
44
Q-10. Are you satisfied with the current services provided by MUL?
Yes
No
Excellent
Very Good
Good
Fair
Poor
45
effective?
Yes
No
Q-14. Are you satisfied with the price ranges offered by MUL?
Satisfied
Dissatisfied
INDEX
46
CHAPTER
TOPIC
I
II
1
CERTIFICATE
ACKNOWLEDGEMENT
INTRODUCTION
COMPANYS PROFILE
RESEARCH METHODOLOGY
LIMITATIONS
CONCLUSIONS
BIBLIOGRPHY
10
QUESTIONIRE
47