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ON
MARKETING STRATEGY OF gsr motors
private limited
SESSION 2013-16
GUIDED BY :-
SUBMITTED BY :-
DR. Anchal Pathak
Professor (Management); Harshit Agrawal
School of Management Sciences, Roll No : 1141430088
Varanasi-221011 UP INDIA BBA 6th Semester
(B/17109)
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SURVEY REPORT
ON
MARKETING STRATEGY OF gsr mOTORS
(PVT) LIMITED
SUBMITTED UNDER PARTIAL FULFILLMENT OF THE
REQURIEMENT FOR THE AWARD OF DEGREE OF
THREE YEAR (FULL TIME)
BACHELOR OF BUSINESS ADMINISTRATION
OF
MAHATMA GANDHI KASHI VIDYAPITH VARANASI
GUIDED BY :- SUBMITTED BY :-
DR. Anchal Pathak Harshit Agrawal
Professor (Management); Roll No : 11414300088
School of Management Sciences, BBA 6th Semester
Varanasi-221011 UP INDIA (B/17/109)
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declaration
I hereby declare that I have successfully designed and implemented this
survey report on . Marketing Strategy Of
GSR MOTORS (PVT.) Limited. .
Harshit agrawal
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ACKNOWLEDGEMENT
It is my pleasure to thank all who helped my directly or indirectly in
preparation of this project. It was very exciting for us to work on this
project of Marketing Strategy of Ford India.
I would like to add few heartfelt words for the people who were part of
this project and its report in numerous ways.
First of all , I would like to express my profound sense of gratitude
veneration to prof. P. N. Jha, Director of School of Management Science
Varanasi. Also it give immense pleasure to express my gratitude to my
project mentor Mr. Anchal Pathak under whose able, experience and
dynamic guidance the present work was carried out. His sincere
encouragement and enumerable valuable discussion were a constant
source of inspiration to me.
I am highly thankful to our coordinator Mr. Atish Khadse
for his valuable suggestions.
I am very thankful to everyone who supported me, for I have completed
my project effectively and moreover on time.
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RESEARCH METHODOLOGY
Research Design
A research design is purely and simply the framework or plan for a study that
guides the collection and analysis of data. The survey research was used in this
project, because consumers feedback was necessary for obtaining the data.
Research Instrument
For doing the survey research, structured questionnaire with both open-ended and
closed-ended questions was used.
Mode of Survey
The mode of survey was personal interview with the respondents during the filling
up of the questionnaires.
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Data Sources
Primary Data
Primary data is that kind of data which is collected directly by the investigator himself for
the purpose of the specific study. Primary Data is collected by the investigator through
interviews of company employees, vendors, distributor etc. Data such collected is
original in character. The advantage of this method of collection is the authentic. A
questionnaire of about 50 questions was made and it was given to the dealers to fill it up
for our research. The research was a kind of conclusive research as it helps in the
testing of hypothesis. The method of sampling was the Random method as it is
unbiased.
Secondary Data
When an investigator uses the data that has been already collected by others, is called
secondary data. The secondary data could be collected from Journals, Reports,
libraries, magazines, fair & conference and other publications. The advantages of the
secondary data can be It is economical, both in terms of money and time spent .The
researcher of the report also did the same and collected secondary data from various
internet sites like www.google.com, www.airtel.com, www.hutch.co.in and many more.
The researcher of the report also visited various libraries for collection of the
introduction part.
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EXECUTIVE SUMMARY
The project report was carried on to know the influential factors to buy cars
at metro ford provided by the company will help to enhance the companys
sales. To know the satisfaction level of existing consumers this will help to
is concerned to know their organizational behavior, the way it woks and the
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marketing strategies it uses to attract the customers. Gsr ford in varanasi
Objectives:-
of service.
Purpose of study:-
The main purpose of the study is to know the organizational study . and way it
The study covers the customer owning Gsr ford in varanasi city.
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Limitation of the study:-
1) Because of time constrain my study confines only to varanasi & it is not possible
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INTRODUCTION
Henry Ford (July 30, 1863 April 7, 1947) was the American founder of
the Ford Motor Company and father of modern assembly lines used in
credited with "Fordism", that is, the mass production of large numbers of
inexpensive automobiles using the assembly line, coupled with high wages
for his workers. Ford had a global vision, with consumerism as the key to
peace. Ford did not believe in accountants; he amassed one of the world's
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largest fortunes without ever having his company audited under his
that put a dealership in every city in North America, and in major cities on
six continents. Ford left most of his vast wealth to the Ford Foundation but
U.S.
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Spouse(s) Clara Jane Bryant
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OVERVIEW OF THE ORGANISATION
Henry Ford with Thomas Edison and Harvey Firestone. Ft. Myers, Florida,
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June 16, 1903, with $28,000 capital. The original investors included Ford
gave an exhibition on the ice of Lake St. Clair, driving 1 mile (1.6 km) in
39.4 seconds, setting a new land speed record at 91.3 miles per hour
(147.0 km/h). Convinced by this success, the race driver Barney Oldfield,
who named this new Ford model "999" in honor of a racing locomotive of
the day, took the car around the country, making the Ford brand known
throughout the United States. Ford also was one of the early backers of the
Indianapolis 500.
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LABOUR PHILOSOPHY
lot of his workers and especially to reduce the heavy turnover that had
many departments hiring 300 men per year to fill 100 slots. Efficiency
revolutionary program called for a raise in minimum daily pay from $2.34 to
the details vary in different accounts. Ford and Crowther in 1922 described
it as six 8-hour days, giving a 48-hour week, while in 1926 they described it
off.) Ford says that with this voluntary change, labor turnover in his plants went
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Labor unions
motives, would end up doing more harm than good for workers. Most
International business
States. His River Rouge Plant became the world's largest industrial
produce its own steel. Ford's goal was to produce a vehicle from scratch
international peace, and he used the assembly line process and production
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He opened Ford assembly plants in Britain and Canada in 1911, and soon
assembly plants.
Honors
Widely Admired People of the 20th Century, from a poll conducted of the
American people.
Medal.
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WORDINGS OF GSR FORD
Our Brand Image ;speaks for itself. Complementing the Marketing team is
our vast and strong network - the backbone of our vital marketing
operations. We work on the "3S" fundamentals of -
SALES, SERVICE and SPARE PARTS under one roof. With a strongly
dedicated team of Sales and Service engineers, our targets are the
fulfilment of every customer's needs. Every single customer matters to us.
Together the 3S operate in tandem to serve our customer and forge an
everlasting bond with them.
Customer satisfaction is our motto and we remain steady fast in our
commitment to our valued customers... Offering Nothing But the Very
BEST to Them.
The exciting range of Ford Cars are on view in your local Ford Dealer in
Varansi including the Ford Aspire, Ford Ecosport, Ford Fiesta, New Ford
Figo and All New Ford Endeavour. Check out our New cars range plus
browse our range of used cars available.
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Company Flashback
wagon factory with Rs. 28,000 cash from twelve invesors. Henry Ford, the
founder, was 40 years old when the company was founded. Today, it is the
Ford introduced itself in India in 1988 with its Ford Escort model. Later in
2001 it was replaced by locally produced Ford Ikon. Since then it has
Ford introduced itself in India in 1988 with its Ford Escort model. Later in
2001 it was replaced by locally produced Ford Ikon. Since then it has
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Our Mission & Vision
Mission
GSR Ford will strive to provide a pleasant buying experience to all our
purchase a Ford Car till the Car of his / her choice is delivered in perfect
Vision
GSR Ford will keep in pace with Growth Plan of Ford India in providing the
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Share objectives of Ford India in the Segment and in the Areas of
operation.
Vision of Ford.
Our vision: become the main company of the world in products and
services of the car.
Values : Define the group beliefs, and rules that control the management
Values of Ford
Our values: make well things to our people, our environment and our
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Finance Options
Auto finance plays a very vital role in the car market. A majority of our
ICICI
HDFC
BOI
BOB
MAHINDRA Finance
Axis (UTI)
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These institutions work on varying interest rates. We will help you to set
the best probable deal from any of them. Listed below are a few
o Signature verification.
Income.
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o 4 Photogarphs
Individual (Salaried)
o Signature verification.
o 4 Photogarphs
Insurance Renewal
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Extended Warranty
Estimations
Finance Assistance
Coffee Shop
2 Free services
26
COMPETITIORS
Volkswagen
Fiat .
Renault .
Maruti Suzuki
27
PRODUCT PROFILE
SUPERLATIVE SAFETY
28
Driver and front passenger airbags
control system)
diamond white
ingot silver
smoke grey
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ruby red
panther black
30
FORD ECOSPORTS
EXTERIOR
Kinetic design
31
INTERIORS
Tachometer
Boot lamp
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Front fog lamps
Emergency assists
Diamond white
Panther black
Smoke grey
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Panther black
FEATURES
EXTERIOR APPEARANCE
Headlamp leveling
34
Front grill sorround
INTERIORS
35
Day/ night inside rear view mirror
Sms notification
Auto streaming
Diamond white
Ingot silver
Panther black
Smoke grey
Ruby red
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Deep impact blue
Sparkling gold
FORD ENDEAVOUR
style, comfort and safety, the exciting new ford Endeavour can take on
anything the road throws at it. Under the bold new hood, behind the
tailgate and in the purposeful air intakes, lurks a beast that was born to be
ahead.
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POWER AT ITS PEAK
The all new ford Endeavour owes its power to the best in- class 3.2 litre
TDCi engine, delivering 470 NM of earth biting torque and 200 PS of raw
power to give you the true 4*4 experience. You also have the option of a
2.2 litre TDCi engine that delivers 160 PS of power and 385 NM torque,
The space inside the ford Endeavour is in sharp contrast with the harsh
terrain on the outside. With innovative stowage spaces. All new- plush
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Colors available
Smoke Grey
Sunset Red
Diamond white
Golden Brown
Panther Black
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GSR
FORD
ORGANIS
ATIONAL
CHART
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MANPOWER AND DEPARTMENT
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4 people for accounts section
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FORD SERVICE OFFERINGS
your ford
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EXTENDED WARRANTY (EW)
offer.
part
Peace-of-mind motoring
44
SCHEDULED SERVICE PLAN (SSP)
With a ford of SSP, you get the opportunity to pay up- front and get great
payment.
45
TOTAL MAINTENANCE PLAN (TMP)
that ensures that nothing gets in the way of enjoying your ford the
COVERAGE
BENEFITS
at purchase.
46
PREFERRED INSURANCE
At ford, we have tied up with leading insurance providers to ensure that you
always get the best coverage and hassle free service. No matter where you
Immediate renewals
47
QUICK SERVICE
When it comes to service. No one knows your car better than the
important your time is, we offer you with the one of- a kind quick
required services completed and your car cleaned and handed over.
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24* 7 ROADSIDE ASSISTANCE
When youre out on the road, the last thing you would want is to be stuck
with a flat tyre, an empty gas tank or a dry battery. But worry no more as
the ford roadside assistance is just a phone call away, 24 hours a day, and
7 days a week.
Battery assistance
Towing assistance
Fuel delivery
Round-the-clock service
Taxi assistance
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FORD GENUINE PARTS
that you can always get the best out of your vehicle, visit an authorized ford
service centre, where our expert technicians use only certified genuine ford
parts.
standards
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SERVICE PLEDGE
Ford service strives to give you the best service and care for your car
pledge.
In case the promise are not kept , you can write a mail to the dealer
If the above promises are still not kept, you can escalate it to the
FORD SERVICE
Ford Pledge
My customer are family to me
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Explain to you the required vehicle servicing, estimated cost and time before hand
Ensure that the bill is within the estimate and explain the bill in detail
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Ford Partners
customers. Together with companies like these, we can offer a broad range
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54
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OVERVIEW
Their Vision
To become the worlds leading Consumer Company for automotive
products and services.
Their Mission
We are a global family with a proud heritage passionately
committed to providing personal mobility for people around the world.
We anticipate consumer need and deliver outstanding products and
services that improve peoples lives.
Their Values
Our business is driven by their consumer focus, creativity,
resourcefulness, and entrepreneurial spirit.
We are an inspired, diverse team. We respect and value
everyones contribution. The health and safety of our people are
paramount.
We are a leader in environmental responsibility. Our integrity is
never compromised and they make a positive contribution to society.
We constantly strive to improve in everything they do. Guided by
these values, we provide superior returns to their shareholders.
FORD
Genuine, Progressive, Smart
Ford Motor Company offers reliable, affordable vehicles for the
worlds varying lifestyles. From the Model T-the car that first brought driving
to the masses, to more recent favorite like the Escape, Ford vehicles have
been among the worlds most popular cars and trucks.
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Major Competitors
Daimler Chrysler, Fiat, General Motors, Honda, Nissan, Toyota,
Volkswagen, Hyundai
FORD INDIA PRIVATE LIMITED
Ford India Private Limited is a wholly owned subsidiary of the
Ford Motor Company in India. Ford India Private Limited's head quarters
are located in Chengalpattu, Tamil Nadu. It currently is the 8th largest car
maker in India after Maruti Suzuki, Hyundai, Tata Motors, Mahindra,
Chevrolet, Honda and Toyota.
The modern Ford India Private Limited began production in 1996,
although the roots trace back to 1907 when the Model A was launched. Its
manufacturing facilities are in Maraimalai Nagar near Chennai. Ford India
Private Limited began production in 1926, but was shut down in 1954.
Production began again with the joint venture Mahindra Ford India Limited
(MFIL) in October 1995, a 50-50 venture with Mahindra & Mahindra
Limited. Ford Motor Company increased its interest to 72% in March 1998
and renamed the company Ford India Private Limited.
FIPL's main manufacturing plant had a capacity of 100,000 vehicles
annually and is located in Maraimalai Nagar, 45 kms. From Chennai. As its
new hatchback Figo was launhced in September 2015 and new sedan Figo
Aspire, are manufacturing at opur new plant which is situated Sanand
Gujrat. Ford Motor Company had invested $500 million to double capacity
of the plant to 200,000 vehicles and 250,000 engines annually.
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Current Models
1. All new Figo launched in 2015
Discontinued Models
1. Ford Escort (1996 -2000)
3. Ford Fusion(2004-2010)
4. Figo ( 2015)
Service Network
As of May 2016, FIPL has 367dealerships in 200cities across India
. The company plans to expand to 100 dealerships by the end of 2018.
Sales Performance
FIPL posted tremendous record sale, witnessing a 272 per cent
growth in year-on year sales for the month of May when compared to May
2009. Ford Figo continued to drive record sales for Ford India for the third
consecutive month since its launch in the Indian market.
Ford India also saw an increase in its month-on-month sales with
May posting higher sales than April, achieving a 7.6 per cent high against
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last month's sale of 7509 units. Other Ford brands also saw a rise in
demands which added to the overall volume for May with all the brands
performing well. Ford India will commence its second production shift at its
manufacturing plant in Maramalainagar from July, with training of new
employees already underway, to meet strong demands for its products
especially the Figo
Exports
FIPL currently exports vehicles in small quantity to countries in South
America and Africa.
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CHAPTER-III
DATA ANALYSIS & INTERPRETATION
1) Age group:
Table 3.1
Chart 3.1
25
20
20-30years
15 30-40years
40-50years
10
above 50
5
Interpretaion:-
From the above table shows that the respondents of the age group of years above 50 i.e.
22, the next group is 40-50 years i.e.25, the remaining age groups are 30-40 and 20-30 years
having 25 and 9 respectively.
2) Occupation
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Table 3.2
Sl.No occupation No of people
A Employee 35
B Business 20
C NRI 15
D Others 8
Chart 3.2
35
30
25 employee
20 business
15 NRI
10 others
5
0
Interpretation:-
From the above table shows that the respondents of the occupation are mostly
employees numbered 35, business people numbering 20 , NRIs 15 and others 8 people.
Table 3.3
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Sl.No Brand No of people
A EcoSports 35
B Figo 18
C Aspire 10
D Endeavour 12
Chart 3.3
Aspire
D, 12
Endeavor EcoSports
C, 10 A, 35
Figo
B, 18
Interpretation:-
The following graph shows the number of cars in the total of 75 persons i10 is owned by
35 people, and Verna owned by 18 and Accent owned by 10 people and Santro by 12 people.
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Table 3.4
Chart 3.4
65
20 16 18
18
16 14
14 13
12
10 8 Series1
8
6 4
4
2
0
Mileage Price Brand Style Mileage Mileage
& Brand & Style
A B C D E F
Interpretation:-
The following graph shows the number of what features you consider while you purchase
in the total persons Mileage by 14, and Price by 4 and Brand by 16, Style by 18, Mileage and
Brand by 13., and Mileage and Style by 8.
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Table 3.5
Chart 3.5
40
35
30
good
25
better
20
best
15
poor
10
5
0
Interpretation:-
From the above table shows that the respondents of the experience of people while driving
Ford cars is good i.e. 25, the next group is better i.e.20, the remaining people who feel best is 40
and others who feel poor experience are 5 respectively
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Table 3.6
Chart 3.6
No
B, 14
A Yes
B No
Yes
A, 61
Interpretation:-
The following graph shows the number of people who satisfied with mileage of the
vehicle in the total respondents response given by persons Yes by 61 and No by 14.
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Table 3.7
Chart 3.7
No
B, 30
Yes
A, 45
Interpretation:-
The following graph shows the number of people who recommend Ford cars in the total
persons yes by 45 and No by 30.
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Table 3.8
Chart 3.8
40
35
30
25
20
15
10
5
0
excellent 40
good 20
better 30
poor 5
Interpretation:-
From the above table shows that the respondents of the people about Fords customer
service is excellent i.e. 40, the next group is good i.e.20, the remaining people who feel better is
30 and others who feel poor experience are 5 respectively.
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Table 3.9
Sl.No Source No of percentage
A Excellent 38
B Good 17
C Better 10
D Poor 7
Chart 3.9
D Poor 7
C Better 10
B Excellent 38
A Good 17
0 5 10 15 20 25 30 35 40
Series1
Interpretation:-
The following graph shows the number of response of customers towards the
products from the total number of 100 people good are good 17, Excellent 38, better 10 and poor
are 7.
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Sl.No Delivery time No of percentage
A Yes 55
B No 20
Chart 3.10
No
B, 20
A Yes
B No
Yes
A, 55
Interpretation:-
The following graph shows the number of customers who receive the product on
delivery time is yes by 55 customers and no by 20 customers.
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Sl.No After sales service No of percentage
A Satisfied 75
B Not satisfied 5
Chart 3.11
80
70
60
50
satisfied
40
not satisfied
30
20
10
0
Interpretation:-
The number of customers who satisfy/not satisfied with the after sales service of the
company from a number of 100 customers is satisfied 75 and not satisfied 5.
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Table 3.12
A Excellent 20
B Good 60
C Satisfactory 15
D Poor 5
Chart 3.12
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Experience at Showroom
EXECELLE POOR
NT 5%
20%
SATISFACT GOOD
ORY 60%
15%
GOOD
SATISFACTORY
EXECELLENT
POOR
Interpretation:-
75
The following graph shows the consumers experience at show room the number of
customers who feel satisfy is 15 and who feels good is 60.and 20% of the customers feels
excellent and 5% of the customers feels poor at show room experience.
Chart 3.13
No
B, 7
A Yes
B No
Yes
A, 80
Interpretation:-
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The following graph shows the number of customers who were offered test drive for the
product is yes by 80 customers and no by 7 customers.
Chart 3.14
80
70
60
50 fully satisfied
40 just satisfied
30 not satisfied
20
10
0
Interpretation:-
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The following table shows that the respondents who satisfied with dealers performance is
better71, good 15 and Poor is 4.
Table 3.15
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Chart 3.15
REPEAT PURCHASE
DEFINITEL
Y
DEFINITEL 16%
Y NOT
5%
MIGHT
14% PROBABL
Y
65%
PROBABLY
MIGHT
DEFINITELY NOT
DEFINITELY
Interpretation:-
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The following table shows that 65% of the customers are probably repeat purchase, 14% of
the customers might have repeats the purchase,16% of the customers definitely repeats the
purchase and 5% of the customers definitely not purchase the ford car
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CHAPTER-IV
FINDINGS AND SUGGESTIONS
4.1 FINDINGS
Ford enjoys a high patronage from its customers.
The satisfaction levels can also measured with the level of recommendations to friends
and associates; It is evident that more than 80% customers are satisfied with the service
offered at Ford.
The probability that the customers would repeat that purchase at the same showroom is
high, which is a good sign.
The sale satisfaction index of Ford showroom is 8.4 on scale of ten (refer page 32),
which is exceptionally good, the showroom should persist on high levels of
commitment to maintain the good image it has created. The industry SSI (2003) is
104 out of 126 according to J D Power Asia pacific. And Ford scores 105 out of 125.
In the interview it was found that the customers are happy about the training
programs under taken by the showroom, which train the customers to negotiate
minor breakdowns comfortably.
It has been observed that 25% of customers have reported a slack in the delivery
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process.
This is the only area of concern that has emerged form the city.
4.2 SUGGESTIONS
The overall sales satisfaction index from the study reveals that the company is
performing very well and customers buying are much satisfied with the service given to them.
Some of the customers have complained about the slack in the delivery
process and timings. Therefore, this is the area which I recommend to the
showroom to focus a little bit more. It needs to improve its delivery
process and time. Need to become little quick and fast.
Some of the customers have also complained about the after purchase
services provided by the showroom. Even though the complaints are
minor, the showroom needs to resolve the customer after purchase service
issues in order to achieve customer satisfaction.
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CHAPTER V
CONCLUSION
With respect to the above study and the findings thereby, the company has
definitely entrenched into the urban market. With few more concerted efforts, the said
organization needs to enter the rural market in order to completely establish itself all
over. The above study will help the consumers to get more awareness about ford cars and
it will also help to ford motors to capture the market of urban as well as rural markets.
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APPENDIX
A. QUESTIONNAIRE
1. Age group
2. Occupation?
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5. How do you feel when you drive Ford car?
a) Yes b) No
a) Yes b) No
a) Yes b) No
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a) Satisfied b) Not satisfied
a) Yes b) No
_______________________________________________________________
_______________________________________________________________
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BIBLIOGRAPHY
BOOKS:
Principles of marketing: KOTLER ARMSTRONG.
Marketing Management: PHILIP KOTLER.
(Analysis, Planning Implementation and Control)
Services Marketing : TATA Mc GRAW HILL.
Marketing Research : G.C.BERI.
Research Methodology: KOTHARI. C.R.
WEBSITES:
www.gsrford.com
www.fordmotors.com
www.finalyearprojects.com
www.wikipedia.com
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