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ON
‘A STUDY ON IDENTIFYING AND UNDERSTANDING THE
CUSTOMER’S NEEDS, PREFERENCES AND CUSTOMER
SATISFACTION LEVEL TOWARDS COMMERCIAL VEHICLES (LCV,
M&HCV) WITH RESPECT TO EICHER MOTORS IN BANGALORE’
Submitted by,
SHARAN N
(REG. NO. 17ATCMD044)
The dissertation report has been checked using DRILLBIT anti- plagiarism software (Attach
first page of the originality report as ANNEXURE) and found within limits as per plagiarism
policy and instruction issued by the UNIVERSITY/ CBSMS. We have verified the contents
of the dissertation report, as summarized above and certified that the statements made above
are true to the best of our knowledge and belief.
1 INTRODUCTION 1-2
ANNEXURE 53-57
LIST OF TABLES
TABLE NO TITLE PAGE NO
CHAPTER 1
1.1 INTRODUCTION
It is very important to study the topic “Understanding need gaps in commercial vehicle
segment and find the market potential for Eicher motor commercial vehicles. Today
when the market is being globalized and opens, there is a quick increase in competition in
the field of marketing from a both domestic and multinational company. Every
organization tries to do something which is different through which they can grab a huge
market share or at least sustain in the highly competitive market.
Automobile companies are introduced in our nation to attract customers. There also a
competition two companies in producing their products according to the customer
preference. So before producing the product, the company should look over the customer
desires, preferences and choice, because customer preference varies according to their
thoughts and nature of the business. Their products must be produced in a pleasing level
of the whole customer.
To know the awareness of customers about (Eicher motors and services pvt.ltd)
company’s products and services.
To know the customer's expectation during buying decision of M&HCV and LCV
trucks.
To know whether customer satisfied with the products and services provided by
the company.
The study has been made in Bangalore for studying “Understanding the need gaps in
LCV and HCV automobile segment and find the market potential for Eicher Motors in
commercial vehicle platform”. The study is useful for the company in finding the
potential for commercial vehicles in Bangalore and the strategies to use for building its
growth in the commercial vehicle market. It also gives the preference of the customer’s
requirements attributes while selecting a commercial vehicle, marketing support and also
regarding various incentives scheme.
The Automobile Industries is facing high competition with more players mushrooming
over a period of time, it is important that business has to be steered in a systematic
manner such as to meet the demand of the customer. in addition to the customers, the
dealers also plays an indirect part in boosting up the sales of a company product. Since
the Automobile industry is rapidly changing and consumers are becoming very much
conscious in using their products, it has become a necessity for the Automobile Industry
to fulfill the needs of the customers.
Eicher motors are one of the leader in producing commercial vehicles and now is facing
more competition from the competitors. Now it has become very much important to study
the customer preferences while buying the products in Bangalore region. This study will
be useful for the company in its launch of various products, as it suggest some key
attribute, which is preferred by the consumers.
1.6 Hypothesis:
H1:- Customers consider service dimension when they buy the product.
H0:- Customers does not consider serviced dimension when they buy the product.
RESEARCH
Research is an activity where defining problems and hypothesis are formulated and
suggesting the solution by collecting, organizing and evaluating of information. It
includes making assumptions and getting conclusion and testing the conclusions to know
will they are appropriate to formulate hypothesis.
RESEARCH DESIGNING
Research design is purely a framework or strategy of a study that monitors the collection
and exploration of data.
SECONDARY DATA: It includes both the data that is external and internal data,
internal data were company handbooks, brochures, , and other records etc. outdoor data is
from the available like company websites and internet.
In the survey conducted, the research design adopted is “descriptive research design”.
DESCRIPTIVE RESEARCH:
Descriptive research is more conserved with defining the frequency with which an event
happens or the relating between two variables. It is always normally guided by a primary
relationship between variables like age, income, occupation, education, etc. It includes
inspections and fact-finding to make inquiries of different information. The technique of
research used in descriptive research of survey techniques of all kinds. It includes
comparative and correlation techniques. It is relatively more used in the field of
marketing.
Some customers did not respond properly, because of lack of time and
information.
1.9LITERATURE REVIEW
CHAPTER 2
2.1INDUSTRIAL PROFILE
Automobile sector is a key player in global and Indian economy. Automobile industry
across the world is undergoing structural change and seems to be one of the hotbeds of
restructuring and recognizing of the production structure in the present scenario. Because
it has been linked with forward and backward of various segments of economy and can
create large employment opportunity and the changes in automobile sector will largely
affects industrial development of country.
The past of automobiles manufacturing was more dominated by US. There was
distinguished automobile manufacturers who can compete with US. But, after
1945thetechnologies of other countries are improved a loti.e.Japan and certain European
nations grown within a very less time. In early1980s, the U.SAutomobile market was
flooded with foreign automobile i.e., Japan and Germany.
In the world market the growth of commercial vehicle industry was less during 2006-
2011; but, from 2012 to 2017, it is estimated that the growth is moderate. And it is
expected that it will reach $521.5 billion in 2017. The world commercial vehicle business
consists of the manufacture of Light Commercial Vehicles (LCV), Heavy Commercial
vehicles, Buses, and Coaches. It has more concentrations in cargo and shipping sector as
its most important clients.
Small business operations can contest well by providing rapid improvement by helping a
confined market, or moving large sized goods. The normal annual income for company is
$135,000. It participates with other more in cargo transport which includes railway,
airway, and navy routes. The transfertowardinter-model moving means that the mode of
delivery is regularly more balance in nature. The goods, procedures, and technology are
more important in-service which includes long-distance transportation and local
transportation. The business pulls more than 10 billion tons of cargo per annum, on
behalf of 60% of the total largeness and 70 percent of worth of USprofitablecargoactions.
It includes personal carrier. The US automobile task force it contains nearly 6 million of
single unit trucks and 2 million of tractor trailers. The 80% of revenue comes from
common products naturally moved on tractor trailers and 20% comes from specified
liquid chemicals and huge and delicate commodities for longer distances.
Original equipment manufacturers (OEMs) are new for starters and growing market
exposures helped to gain more market share. In present year it has been more loss for
market leaders in market share i.e. Tata Motors has lost more inMCV and HCV section
because of OEMs have able to counterpoise the impact of the slowdown to a level, with
expanding their business through dealership network. More, specifically, Volvo, Eicher,
gained market share by the backing of increase unsatisfactoriness in the heavy-duty
trucks segment.
The commercial vehicle industries in India have flooded over the past decade. The
market is growing at a compound annual growth rate over 15% till 2016 and companies
are willing to expand. Mercedes Benz in 2015 started manufacturing commercial vehicles
in India and in the time span of 10 months they rose to be the 5th largest commercial
vehicle manufacturer in India.
Mahindra also improved more than the industry leaders though on low volumes. Ashok-
Leylandhasgetting higher market exposure outside the southern regions which helped in
opposing the impact of the slowdown to a level.
MAKE IN INDIA
In 2013 Indian government announced a program called made in India in order to attract
leaders of the global market to invest in India. Soit will help India’s economic growth by
creating more employment opportunities and increases GDP of India. Now 100% of FDI
is acceptable in automobile sector through the programmed endorsement course which
implies that outside financial specialist doesn't require earlier approval from the Indian
government.
Make in India program encouraged foreign automobile industries to open their assembly
and manufacturing units in India. Mercedes Benz and Scania are the major commercial
vehicle manufacturing foreign companies entered to India through this program. The
implementation of the GST bill will also help to reduce the manufacturing cost of
vehicles.
Eicher Motors Limited is the leading organization of the Eicher Group. It played a major
role green revolution in India by manufacturing the Indian agricultural tractors in 1959.
Eicher motor is presently a major participant in the Indian commercial vehicle segment.
EML's has made joint ventures with the Volvo group, VE Commercial Vehicle Limited,
producing fuel-productive trucks. It is driving the way for modernizations in business
transportations in India.
EML's has made a joint venture with the US-based Polaris Industries Inc. which is started
in 2012; Eicher Polaris Private Ltd. (EPPL) produced the Multix, which is 3-in-1 vehicle
built for independent in June 2015. For the fifteen months finished walk in 2016, Eicher
Motors recorded the highest total income of 15689crores and is recorded on the Bombay
and National Stock Exchanges. As the April 1st, 2016, Eicher Motors Limited turns into
a piece of the nifty 50 Index. Commercial vehicles reported a 63% growth in total sales at
6930 units in June 2018 as compared to 3921 units in June 2017. this includes 6315 units
of Eicher brand and 75 units of Volvo branded
VISION
MISSION
Eicher motors desire to sustain for a longer period by having the good, well-built
and well-organized production in the market.
VECV think about their customers individually by not just offering trucks and
buses, but also the best service.
Eicher motors work with the driver community to improve their productivity and
in general working environment.
Eicher Motors make sure that the level of quality and innovations that will
continue to set standard in the commercial transport industry.
2.4PRODUCT/SERVICE PROFILE
Two wheelers
(Royal Enfield)
Thunderbird 350
Classic Chrome
Classic 500
Classic 350
Bullet 350
Trucks
VE Series Trucks
Eicher Terra 16
Eicher 20.16
Eicher 40.35
Eicher 35.31
Eicher Terra 25
Eicher 40.40
Eicher 30.25 Xp
Buses
STRENGTH
WEEKNESS
OPPORTUNITES
THREATS
Price changes
Growing competition and lower profitability
Ashok Leyland
Bharath Benz
Tata motors
Mahindra & Mahindra
CHAPTER 3
The customer gap is the differences between customer perceptions and customer
expectations. Customer expectations are reference points that customers bring into
familiarity, but customer perceptions are biased assessments of real services experience.
Customer expectation generally consists ofcustomer believes, customers think that they
have received what they expected. But practically it is rare which leads to gap between
customer expectations and perceptions and there are five types of gaps they are:
GAP 1: It is the disparity between the customers’ expectation and the perception
of this expectation byorganization.
GAP2: It is the disparity between the perception of the customer expectations
byorganization staff andtangible features of the service.
GAP 3: It is the disparity between the prerequisite of service quality and the
quality of actual service conditions.
GAP 4: It is the disparity between the quality of service provided and the
information on service provided to customers.
GAP 5: It is the difference between level of satisfaction of the customer's
expectations and customerjudgment of the service
The listening gap (gap 1) is the difference between customer expectations of service and
company understanding of those expectations. The firms should give preference and
accurate understanding of customer’s expectations rather than meeting of customer’s. the
information about customer expectations is obtained by doing the market research
through customer interview, survey research, complaints system, and customer panels.
The lack of upward communication is a key factor listening gap. Frontline employees are
directly in contact with customers, so they will have information about customer needs
and preferences. If management is not in contact with frontline employees then they can’t
understand what employees know.
When companies more concentric about new customer then they fails to understanding
the changes in needs and expectations of existing customers. Lack of service recovery is
one of the reasons for listening gap. Lack of encouragement to listen to customer
complaints which make customer dissatisfaction it will widens the listening gap. Majority
of companies fails in providing appropriate recovery mechanisms if service is failed.
RELIABILITY
It plays major role satisfaction of customer related toservice quality. Reliability is defined
as the capability to perform as promised dependent and accurate services or company
should deliver as they promised to customer in service provision, problem resolution, and
pricing.
RESPONSIVENESS
ASSURANCE
Assurance defines employee knowledge and courtesy and the capacity ofinspiring the
customerfaith and assurance of customers. Assuranceplays major role in service
industries which offers high intensity of risks, such as automobile repair and hospital
services. The importance of the assurance increases withpercentage of the risk and the
better the incapability for a customer to assess the service
EMPATHY
Empathy is defined as the kindness, individual attention given towards customers. The
fundamental nature of empathy is assigning through personalized or customized service,
to customers who are unique and special. The capability understanding the customer
needs.
TANGIBLE
Tangible is known as the appearing of physical facilities, equipment, and workforce and
information materials. Service industry like hospitals and restaurants depends more on
tangible factors. Customers habituallycritic the quality of a hotel experience based on
quality of the physical atmosphere and tangible amenities. It provides physical
representation or images of the service those customers, especially for new customers.
CHAPTER 4
Respondents percentage
LCV 0 0
MCV 8 32%
HCV 17 68%
Buses 0 0
Total 25 100%
ANALYSIS: From the above analysis it can be analyzed that 32% of respondents owns
Medium Commercial Vehicles and 68% of respondents owns 68% of Heavy Commercial
Vehicle.
32%
LCV
MCV
HCV
68% Buses
INTERPRETATION: From the above graph it is clear that majority of respondents have
Heavy Commercial Vehicle
Respondents Percentage
Haulage trucks 2 8%
Tipper trucks 4 16%
Cab truck 2 8%
Delivery trucks 17 68%
ANALYSIS: From above table, it is clear that 8% respondents possesses Haulage and
Cab trucks, 16% respondents have Tipper trucks and majority of respondents has
Delivery trucks i.e., 68%
Type of vehicle
8%
16%
Haulage trucks
Tipper trucks
8% Cab trucks
Delivery trucks
68%
Respondents Percentage
Logistics 16 64%
Constructions 3 12%
Mining 0 0
Other 6 24%
ANALYSIS: From above table, 64% of customers do logistics business and 12% of
customers do construction business.
Type of business
Logistics
24% construction
mining
0% other
12%
64%
INTERPRETATION: From above graph, it is clear that majority customers are doing
logistics business.
CHI-SQUARE TEST
N= Total frequency
E=25/4 = 6.25
O = Observed frequency
E = Expected frequency
Since the calculated value of x2 is greater than the tabulated value, it is significant. Hence
we reject H0 at 5% level of significance and conclude that there is a significant difference
in product specification in different businesses.
Table 4.4: It shows factor influencing customer to buy Eicher motors products
Respondents Percentage
Advertisements 4 16%
Friends/Family 11 44%
Personal selling 10 40%
ANALYSIS: From above table, we know that 44% and 40% of customers motivated by
personal selling and friends or family member's suggestion and 16% of customers are
motivated by advertisement
factors influencing
16%
40%
advertisement
friends/family
personal selling
44%
Graph 4.4: it shows factors influencing the customer to buy the product
Table 4.5: It show factors considered by customer while buying the products
Respondents Percentage
Price 2 8%
Quality 3 12%
Technology 8 32%
Service 12 48%
ANALYSIS: From above table, we know that 8% of customer considers while buying
the vehicles, 12% of customer considers Quality, 32% of customers consider technology
and 48% of customer consider service factors.
CHI-SQUARE TEST
H0:- Customers does not consider service when they buy the product
N= Total frequency
E=25/4 = 6.25
O = Observed frequency
E = Expected frequency
50% 48%
40%
32%
30% Factors consided by customer
while products
20%
12%
10% 8%
0%
Price Quality Technology Services
Graph 4.5: showing information about factors customer consider before buying of
vehicles
6. Reliability
6.1. If response is promised in a certain time does it happens?
Respondents Percentage
Strongly disagree- 1 0 0%
Disagree-2 0 0%
Moderate-3 4 16%
Agree-4 15 60%
Strongly agree-5 6 24%
ANALYSIS: From above table we know that 16% of customers say the response is
moderate as promised by the company, 60% of customers agree and 24% of customers
strongly agree that the service is done as company promised.
16
14
12
10
8
6
4
2
0
Strongly Disagree Moderate Agree Strongly
disagree agree
Table 4.7: company provide accurate information about cost and time
Respondents Percentage
1 0 0%
2 0 0%
3 7 28%
4 13 52%
5 5 20%
ANALYSIS: From above table we know that the accurate information is provided by
company about cost and time 28% of respondents say moderate, 52% of respondents say
they agree and 20% of respondents say they strongly agree.
20%
28%
Strongly disagree 0
Disagree 0
Moderate 7
Agree 13
Strongly agree 5
52%
Graph 4.7: showing information about information provided by company about cost and
time
INTERPRETATION: From above graph it is clear that majority of customers agree that
company provides accurate information
Respondents Percentage
1 0 0%
2 0 0%
3 4 16%
4 20 80%
5 1 4%
ANALYSIS: From above table we know 16% of customer say moderate, 80% of
respondents happy with opening and closing time of service and 4% of customers are
very happy about it.
Graph4.8: shows customers response about opening and closing time of service
INTERPRETATION: From above graph it is clear that majority of customers are happy
about opening and closing time of service.
Table 4.9: It shows response about service is performed right at first time
Respondents Percentage
1 0 0%
2 0 0%
3 12 48%
4 8 32%
5 5 20%
ANALYSIS: From above table 48% of respondents say service is performed at first time
is moderate, 32% respondents say good and 20% of respondents say very good.
Strongly disagree
48% Disagree
Moderate
Agree
INTERPRETATION: From above graph its clear that the majority respondents say
service performed right at first time is moderate.
7. ASSURANCE
7.1. Is company providing appropriate and new spare parts?
Table 4.10: It shows response about Firm is providing appropriate and new spare parts
Respondents Percentage
1 0 0%
2 0 0%
3 1 4%
4 9 36%
5 15 60%
ANALYSIS: From above table we know that the 60% respondents strongly agree, 36%
of respondents agree, 4% of respondents that company provide accurate and new spare
parts,
spare parts
4%
Strongly disagree
36%
Disagree
Moderate
60% Agree
Strongly agree
INTERPRETATION: From above graph its clear that majority of respondents strongly
agree that company provide accurate and new spare parts.
Respondents Percentage
1 0 0%
2 0 0%
3 0 0%
4 5 20%
5 20 80%
ANALYSIS: From above table we can find 80% of respondents strongly agree that
company has good reputation and 20% agree that.
organization reputation
20%
Strongly disagree
Disagree
Moderate
Agree
Respondents Percentage
1 0 0%
2 0 0%
3 2 8%
4 17 68%
5 6 24%
ANALYSIS: From above table we can find that 68% of respondents agree that company
provide guarentee to their services, 8% say modarate and 24% srongly agree with that.
18
16
14
12
10
8
6
4
2
0
strongly disagree moderate agree strongly agree
disagree
Respondents Percentage
1 0 0
2 4 16%
3 10 40%
4 10 40%
5 1 4%
ANALYSIS: From above table we can find that 40% respondents say moderate, 16%
respondents disagree, 40% of respondents agree and 4% respondents strongly agree that
the employee’s behavior instills confidence.
TANGIBILITY
7.5. Professional appearance of employees?
Respondents Percentage
1 0 0%
2 1 4%
3 13 52%
4 8 32%
5 3 12%
ANALYSIS: From above graph we can find that 4% of respondents disagree, 52%
respondents say moderate, 32% respondents agree and 12% of respondents strongly agree
that employees appear professionally.
strongly disagree
disagree
moderate
32%
52% agree
stronly agree
Table 4.15: It shows response about Tools and equipment’s are used
Respondents Percentage
1 0 0%
2 0 0%
3 1 4%
4 15 60%
5 9 36%
ANALYSIS: From above table we find that 4% of respondents say moderate, 60% of
respondents agree and 36% of respondents strongly agree that the equipment’s and tools
used are modern.
36%
Strongly disagree
Disagree
Moderate
Agree
60% Strongly agree
Respondents Percentage
1 0 0%
2 0 0%
3 3 12%
4 14 56%
5 8 32%
ANALYSIS: From above table we find 56% of respondents agree, 12% of respondents
say moderate and 32% of respondents strongly agree with repair and washing quality is
good.
9%
35%
Strongly disagree
Disagree
Moderate
Agree
Strongly agree
56%
Respondents Percentage
1 0 0%
2 4 16%
3 13 52%
4 8 32%
5 0 0%
Informative signage
14
12
10
8
6
4
2
0
strongly dis disagree moderate agree strongly agree
agree
8. Empathy
8.1. Do employees try to determine what customer’s specific objectives?
Table 4.18: It shows response about Employees try to determine what customer’s specific
objectives
Respondents Percentage
1 0 0%
2 0 0%
3 2 8%
4 14 56%
5 9 36%
ANALYSIS: From above table we find 36% of respondents strongly agree, 56% of
respondents agree and 8% respondents say moderate about determination of customer’s
specific objectives by employee.
Respondents Percentage
1 0 0%
2 0 0%
3 10 40%
4 12 48%
5 3 12%
ANALYSIS: From above table we find 40% of respondents say moderate, 48% of
respondents agree and 12% of respondents are strongly agree that employees have
pleasant behavior.
Employees behavior
12
12
10
10
8
6
4 3
2 0 0
0
Strongly Disagree Moderate Agree Strongly
disagree
agree
INTERPRETATION: From above graph it is clear that majority of customer are agree
that employees have plesant behavior.
Respondents Percentage
1 0 0%
2 0 0%
3 2 8%
4 10 40%
5 13 52%
ANALYSIS: From above table we find 52% of respondents strongly agree, 40% of
respondents agree and 8% respondents say moderate in listening to the customer
problems by employees.
Table 4.21: It shows response about Fairness of charges for routine maintenance
Respondents Percentage
1 0 0%
2 0 0%
3 2 8%
4 9 36%
5 14 56%
ANALYSIS: From above table we find 56% of respondents strongly agree, 36% of
respondents agree and 8% respondents says moderate in fairness in routine maintenance
charges.
Fairness of charges
14
12
10
4
2
0
Strongly Disagree Moderate Agree
disagree Strongly agree
Graph 4.21: it shows information about fairness in charges for regular maintenance
Table 4.22: It shows response about employee’s remainder about the upcoming services
Respondents Percentage
1 0 0%
2 0 0%
3 4 16%
4 12 48%
5 9 36%
ANALYSIS: From above table we find 36% of respondents strongly agree, 48% of
respondents agree and 16% of respondents say moderate in remaindering the customer
about upcoming services.
Graph 4.22: it shows information about remainder about the upcoming services
INERPRETATION: From above graph we know that majority of respondents agree that
employees reminds about the upcoming services
9. RESPONSIVENESS
10.1 When there is a problem does the organization responds to it quickly?
ANALYSIS: From above table we can find that 36% of respondents strongly agree, 56%
of respondents agree and 8% of respondents say moderate about response time.
Table 4.24: It shows response about Employees willing to answer customer questions
Respondents Percentage
1 0 0%
2 0 0%
3 6 24%
4 12 48%
5 7 28%
ANALYSIS: From above table we find that 28% of respondents strongly agree, 48% of
respondents agree and 24% of respondents say moderate about employees willingness to
answer customer questions.
12
10
0
strongly disagree moderate agree strongly agree
disagree
Graph 4.24: it shows information about employee’s willingness to answer the customer
questions
INTERPRETATION: From above graph it is clear that majority responders agree that
employees are answering to their questions.
Table 4.25: It shows response about Provide detailed explanation of work carried out.
Respondents Percentage
1 0 0%
2 0 0%
3 8 32%
4 11 44%
5 6 24%
ANALYSIS: From above table we find that 24% of respondents strongly agree, 44% of
respondents agree and 32% of respondents say moderate about explanation of work
carried out to customers.
10
0
Strongly Disagree
disagree Moderate Agree Strongly
agree
Graph 4.25: it shows information about explanation given to customer about provided
service
Table 4.26: It shows response about the repeat complaints attend on priority basis.
Respondents Percentage
1 0 0%
2 0 0%
3 9 36%
4 12 48%
5 4 16%
ANALYSIS: From above table we find that 16% of respondents strongly agree, 48% of
respondents agree and 36% of respondents say moderate about priority given to the
repeat complaints.
12
10
0
strongly disagree moderate agree strongly agree
disagree
INTERPRETATION: From above graph it is clear that majority of responds agree that
priority is given to the repeated complaint
Respondents Percentage
1 0 0%
2 0 0%
3 9 36%
4 12 48%
5 4 16%
ANALYSIS: From above table we find that 16% respondents strongly agree, 48% of
respondents agree and 36% of respondents say moderate about solving of repeated
complaints
12
10
0
strongly disagree moderate agree strongly agree
disagree
CHAPTER-5
5.1 FINDINGS
The majority respondents say service performed right at first time is moderate.
The majority of customers are happy about opening and closing time of service.
The majority of customers agree that company provides accurate information
The customer is satisfied with response of company to customer problems as
promised.
The majority of respondents have Heavy Commercial Vehicles
The majority of customer owns Delivery trucks
The majority customers are doing logistics business.
Friends/family and personal selling more motivates customer.
The majority of customer considers technological and service factors while
buying the vehicles.
The majority of respondents agree that company provide guarantees to their
services.
The majority of respondents strongly agree that the organization have a good
reputation.
The majority of respondents strongly agree that company provide accurate and
new spare parts.
The majority of respondents say employee behavior instills confidence in
customers is moderate and agree with that
The professional appearance of employees is moderate.
The majority of respondents agree that equipment’s and tools used are modern.
The majority of respondents agree that the repair and washing quality is good.
The majority of respondent say informative signage provided is moderate.
The majority of respondents agree that employees can determine customer’s
specific objectives.
The majority of customer are agree that employees have plesant behavior.
The majority of customer strongly agrees that employees listen to their problems.
5.2 SUGGESTIONS
The cost and features of the company are satisfied by customer and it got good
reputation in the minds of customer. Therefore it is proposed that company should
hardly on retaining of existing customer.
The company has good sales in H.C.V and M.C.V but they should work hard to
increase the sales of L.C.V and Buses.
Company has a more customer who are doing logistics business so the sales of
delivery trucks are more but in other customer who are in construction field are
less so they should give more focus on attracting new customer who are in
constriction business.
5.3 SUMMARY
Currently company is facing though computation from compotators. The answer lies in
doing a good job for understanding customer needs and expectations and satisfying the
customer.
Eicher motor is providing good products and services to customers and it has good
reputation in the customers mind. In present market customers giving more importance to
the quality so company should not compromise on quality factor. Company should take
care more about existing customer by providing good services.
BIBLIOGRAPHY
WEBSITES:
https://www.ripublication.com/ijmibs18/ijmibsv8n1_0
https://economictimes.indiatimes.com
content.indiainfoline.com
BOOKS REFERRED:
Fisher, A. (2001). Winning the battle for customers. Journal of Financial Services
Marketing, 6(2), 77-83.
Jiana Daikh, 2015. A Research Proposal - The relationship between customer satisfaction
and customer loyalty, Johnson & Wales University.
Caruana, A. (2002). Service loyalty. The effects of service quality and the mediating role
of customer satisfaction. European Journal of Marketing, 36(7/8), 811-828.Claes, F.,
Johnson, M.D., Anderson, E.W., Cha, J. & Bryant, B.E. (1996, October), "The American
Customer Satisfaction Index: Nature, Purpose, and Findings," Journal ofMarketing, 60, 7-
18
ANNEXURE:
Questionnaire
Dear Respondents,
2) Age?
3) Gender?
a] Male b] Female
b) Tipper trucks
c) Cab truck
d) Delivery trucks
Reliability
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
11) What's your opinion about opening and closing time of service?
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
12) Is service is performed right at first time?
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
ASSURANCE
13) Is company providing appropriate and new spare parts?
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
14) Does organization have good reputation?
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
15) Does organization guarantees its service?
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
TANGIBILITY
Empathy
20) Do employees try to determine what customer’s specific objectives?
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
21) Employees listen to customers problems?
a) Strongly disagree
b) Disagree
c) Moderate
d) Agree
e) Strongly agree
17ATCMD044
By
17ATCMD044
S-Good
4
A-Satisfactory
B-Upgrade
16 0 S C-Poor
SIMILARITY % MATCHED FILES ERRONEOUS WORDS GRADE