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PREPARED BY
Pankaj Sankharva (M.B.A. 1st Year)
Chirag Manek (M.B.A. 1st Year)
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Market Research of Bajaj
own work & has been carried out under supervision of Mr.
Date:-
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Market Research of Bajaj
One can know about the current scenario of the Indian Two
wheeler industry in India. This project enables the reader to
have a look at the position of the Two Wheeler companies of
the country.
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SR. PAGE
PARTICULARS
NO. NO.
1 OVERVIEW OF AUTOMOBILE INDUSTRY 7
4 DEALERS PROFILE 52
6 RESEARCH METHEDOLOGY 85
8 SUGGESTIONS 113
9 BIBLIOGRAPHY 115
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Evans was the first American who obtained a patent for “a self-
propelled carriage.” He, in fact, attempted to create a two-in-one
combination of a steam wagon and a flat-bottomed boat, which
didn’t receive any attention in those days. During the 1830’s, the
steam vehicle had made great advances. But stiff competition from
railway companies and crude legislations in Britain forced the poor
steam vehicle gradually out of use on roads.
Carl Benz and Gottlieb Daimler, both Germans, share the credit of
changing the transport habits of the world, for their efforts laid the
foundation of the great motor industry, as we know it today. First,
Carl Benz invented the petrol engine in 1885 and a year later
Daimler made a car driven by motor of his own design and the rest
is history.
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Market Research of Bajaj
France too had joined the motoring scenario by 1890 when two
Frenchmen Panhard and Levassor began producing vehicles
powered by Daimler engine, and Daimler himself, possessed by the
automobile spirit, went on adding new features to his engine. He
built the first V-Twin engine with a glowing platinum tube to
explode the cylinder gas-the very earliest form of sparking plug.
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In ten years from the invention of the petrol engine, the motorcar
had evolved itself into amazing designs and shapes. By 1898, there
were 50 automobile-manufacturing companies in the United States,
a number that rose to 241 by 1908. In that year, Henry Ford
revolutionized the manufacture of automobiles with his assembly-
line style of production and brought out the Model T, a car that was
inexpensive, versatile, and easy to maintain.
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The industry had a smooth ride in the 50s, 60s and 70s when
the Government prohibited new entries and strictly controlled
capacity expansion. The industry saw a sudden growth in the
80s. The industry witnessed a steady growth of 14% leading to
a peak volume of 1.9mn vehicles in 1990.
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The entry of Kinetic Honda in mid-eighties with a variometric
scooter helped in providing ease of use to the scooter owners.
The reasons for recession in the sector were the incessant rise
in fuel prices, high input costs and reduced purchasing power
due to significant rise in general price level and credit crunch
in consumer financing. Factors like increased production in
1992, due to new entrants coupled with the recession in the
industry resulted in companies either reporting losses or a fall
in profits.
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Asia)
(Insurance)
(Operations)
(Engineering)
Finance)
Dev)
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K Srinivas Vice President (HR)
Plant Location:
Dist. Pune
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1. Akurdi :
Geared scooters, ungeared scooters and Bajaj
Discover
2. Waluj :
Bajaj CT100, Bajaj Wind 125 and three wheelers
3. Chakan :
Bajaj motorcycles - Pulsar and Discover
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2006
15 April Bajaj Platina launched
2005
December Bajaj Discover launched (New)
June Bajaj Avenger launched
February Bajaj Wave launched
2004
Sept/Oct Bajaj Discover DTS-i launched
August New Bajaj Chetak 4 stroke with Wonder Gear launched
May Bajaj CT100 Launched
Bajaj unveils new brand identity, dons new symbol, logo
January
and brand line
2003
October Pulsar DTS- i is launched.
October 1,07,115 Motorcycles sold in a month.
July Bajaj Wind 125,The World Bike, is launched in India.
Bajaj Auto launched its Caliber115 "Hoodibabaa!" in the
February
executive motorcycle segment.
2001
Bajaj Auto launches its latest offering in the premium bike
November
segment ‘Pulsar’.
January The Eliminator is launched.
2000
The Bajaj Saffire is introduced.
1999
Caliber motorcycle notches up 1,00,000 sales in record
time of 12 months.
1998
June 7th Kawasaki Bajaj Caliber rolls out of Waluj.
July 25th Legend, India’s first four-stroke scooter rolls out of Akurdi.
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October Spirit launched.
1997
The Kawasak i Bajaj Boxer and the RE diesel Auto
rickshaw are introduced.
1995
Agreements signed with Kubota of Japan for the
November 29 development of diesel engines for three-wheelers and with
Tokyo R&D for ungeared Scooter and moped development.
The Bajaj Super Excel is introduced while Bajaj celebrates
its ten millionth vehicle.
One million vehicles were produced and sold in this
financial year.
1994
The Bajaj Classic is introduced.
1991
The Kawasak i Bajaj 4S Champion is introduced.
1990
The Bajaj Sunny is introduced.
1986
The Bajaj M-80 and the Kawasaki Bajaj KB100 motorcycles
are introduced.
5,00,000 vehicles produced & sold in a financial year.
1984
Foundation stone laid for the new Plant at Waluj,
January 19 Aurangabad.
1981
The Bajaj M-50 is introduced.
1977
The Rear Engine Auto rickshaw is introduced.
Bajaj Auto achieves production and sales of 1,00,000
vehicles in a single financial year.
1976
The Bajaj Super is introduced.
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1975
BAL & Maharashtra Scooters Ltd. joint venture.
1972
The Bajaj Chetak is introduced.
1971
The three-wheeler goods carrier is introduced.
1960
Bajaj Auto becomes a public limited company. Bhoomi
Poojan of Akurdi Plant.
1959
Bajaj Auto obtains licence from the Government of India to
manufacture two- and three-wheelers.
1948
Sales in India commence by importing two- and three-
wheelers.
1945
Bajaj Auto comes into existence as M/s Bachraj Trading
November 29
Corporation Private Limited
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AVENGER DTS-I
Technical specification
ELIMINATOR
Technical specification
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CT – 100 BOXER
Technical specification Technical specification
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Brand Ambassador:
The Bajaj Auto uses a different Brand Ambassador for each
bike for making a advertisement of its bike. The Bajaj auto
some time uses a Favorite Actor and New model as a Brand
Ambassador.
Punch line:
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The “Bajaj” has a different punch line for each bike. The
following some are the punch line are.
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1. Environmental Policy
2. Quality Policy
3. TPM Policy (Total Productivity Maintenance)
1. Environmental Policy:
2. Quality Policy:
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3. TPM Policy:
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Golden Jubilee Export Year Award 1976
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should also pay attention to latent competitors who may offer
new or other ways to satisfy the same needs. Manager needs to
conduct a customer value analysis to reveal the company’s
strengths and weaknesses relative to competitors.
• Hero Honda
• Honda
• LML
• Kinetic
• TVS
• Yamaha
• Recruitment Policy:
Bajaj Auto give equal opportunity to employee. Selection
is based strictly on individual merit.
• Recruitment:
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Engineers: Bajaj Auto recruit Engineering Graduates
from reputed institutes from all over India. Bajaj Auto
enjoys an excellent reputation with all National Institutes
of Technology (NITs) and is among the preferred
employers for on-campus recruitment. The selection
process comprises a written test in technical, analytical
and logical reasoning, group discussion and personal
interview.
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• Largest exporter of three-wheelers; over 75,297 units
exported in 2005-06
Growth in Export:
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330,000 vehicles during the year. In the value segment
the new Bajaj Discover 110cc that was launched in
December 2005 sold over 113,000 vehicles. To combat
the intense competition in the value segment and to set
new style benchmarks, a new bike the ‘BAJAJ
PLATINA’ was launched in April 2006.
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B. Market share in Motorcycles improved from 28% in
of 2&3-wheelers.
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Bajaj Auto is in the process of setting up a chain of retail
stores across the country exclusively for high-end, performance
bikes. These stores are called " Bajaj
Probiking". One such store has been opened in Pune.
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Fax: 2372933
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EXICUTIVE DIRECTOR
(P.R. KAMDAR)
BRANCH MANAGER
(V.K.MAJETHIA)
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SR. SALES
TEAM
P
A
R
K
I
N
G
W
A
I
T DELIEVERY CELL STOCK
I
N
G
JOB
C
A STOCK
R
D
SECURITY
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SHOWROOM &
OFFICES
GATE
Gate Entry
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Estimation of Exp .
This Procedure will take just only 5 Minute then after Service
of the Bike is done.
Service Procedure:
C
H
E
MECHANICS / ENGINEER
C (BIKE WISE)
KI
N
G
C
H
E
FITTING OF SPARPARTS &
C COMPLETE FORTHER
KI PROCESS
N
G
TESTING ON
ROAD
IF NOT OK IF OK
DELIVERE TO THE
CUSTOMER
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Awards Year
Highest Sales of Bajaj M-80. 1987
Highest Sales of Bajaj Sunny Moped 1988
Highest Sales of Bajaj 4S Champion in Single Day in all over 1988
India ( 125 Bikes In one Day)
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Selling Scheme :
Selling scheme is a Dealers Scheme that is useful to attract the
customer towards the showroom to purchase new bike. This all
selling scheme provided to the customer is within
Rs.2000. Such Selling Scheme are:
• RTO Free
• Insurance Free
• Petrol Free Up to some K.M or some Rupees.
• Reference Sales
• DSS (Door Sales Service)
• Exchange (It is a Major tool of Scheme/Conversion)
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providing different scheme, facility and services to the
customer. The Following figures are approximate:
• Daily 12 vehicles
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value with other.” From this definition we can say that
marketing includes activities such as planning of production of
goods and services, producing and transporting goods from
producer to consumer and meeting their needs. Now marketing
management is concerned with the activities of marketing. In
short, marketing management concerned with analyzing of
consumer need, preference, and then product planning and
control process to satisfy consumer’s need and preferences
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Price Customer cost
Place Convenience
Promotion Communication
But now a day’s not only there is a four P’s of marketing but
there is total 8 P’s of marketing other four are as follows:
Four P’s
Positioning
Packing
Pace
Three P’s
Physical evidence
Process
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1. Whom to promote?
2. Why to promote?
3. What to promote?
4. When to promote?
5. Which way to promote?
6. Where to promote?
Promotion Tools
• Advertising
• Personal selling
• Sales promotion
• publicity and public relations
1. Press Advertisement:
product specific focused In various magazines and
news papers e.g. the Rajkot branch advertises in
newspapers like Gujarat Samachar, Divya Bhaskar,
and other local newspaper, and evening news paper
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2. Hoardings
3. Glow signs
4. At the place of activities: loan mela’s, exhibitions
5. Hand – Leaflets
6. Pamphlet distribution on Road
1. Regional Advertisement
• Ahmedabad
• Rajkot etc.
2. Corporate Advertisement
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But if company wants to just advertise in only Gujarat
State then it is called Regional Advertisement that is
published from Ahmedabad office in a news paper like
Business Standard, Times of India and in State Magazine.
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This process is continuing through out year and at the end of
year company make analysis for finding the performance of the
staff and selling of the dealers.
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manage your all work.” A man is the heart of the unit and make
organization living.
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place, at the right time performing tasks for which they are
most effective.”
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its internal source and if a qualified person is found than he
will be requited on Company Payroll
1. Management Person
2. Sales & Trainee Person
3. Engineer
4. Worker etc.
Recruitment Sources:
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1. Company contact Consultancy service for recruit
Management Level Person.
2. Company give advertisement in newspaper for recruit
1. INTERVIEW : -
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After collecting application from applicant, analysis
is being started because of suitable candidates are
found by the reservation of the application then they
called for interview.
2. REFERENCE CHECKING : -
3. FINAL SELECTION : -
Training :
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Training Period:
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The following is the activities that are undertaken by the
“Automotive Mfrs Pvt Ltd” For the welfare of the employees:
Promotion:
“ Promotion involves a change from one job to another that is
better in term of status and responsibilities.”
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Transfer:
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another place where his salary status and the responsibilities
are the same it generally done not involves a promotion,
demotion or change in the job status.
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DATA COLLECTION:
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There are two researches which we conduct,
Splendor.
RESEARCH PURPOSE:
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who purchase Splendor and why not purchase Bajaj’s
Vehicle .
SAMPLE SIZE:
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Time constraint
was taken.
SCOPE OF STUDY:
Honda Splendor
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46Dealer No.
No. of Vehicle
of Vehicle
50 Automotive 46
35
Rajarshi 35
40
Other 1
30
20
10 1
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0
Automotive Rajshri Other
Market Research of Bajaj
No. of Vehicle
Automotive 49
Rajarshi 24
Other 9
Other, 9,
11%
Rajshri, 24,
29% Automotive,
49, 60%
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Yes No Total
Automotive 42 7 49
Rajarshi 19 5 24
Other 7 2 9
Total 68 14 82
No
42 5
Yes
19 2
7
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Yes No Total
Automotive 41 8 49
Rajarshi 20 4 24
Other 9 0 9
Total 70 12 82
45 41
40
35
30
25 Yes
20
20 No
15
10 8 9
4
5
0
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Yes No Total
Automotive 36 13 49
Rajarshi 18 6 24
Other 5 4 9
Total 59 23 82
36
40
35
30
25 18 Yes
20 13 No
15
10 6 5 4
5
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Yes No Total
Automotive 39 10 49
Rajarshi 19 5 24
Other 9 0 9
Total 67 15 82
39
40
35
30 Yes
25 19 No
20
15 10 9
10 5
5 0
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Yes No Total
Automotive 39 10 49
Rajarshi 19 5 24
Other 9 0 9
Total 67 15 82
40 39
30
20 19 Yes
10 9 No
10
5
0
0
Automotive Rajshri Other
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Yes No Total
Automotive 33 16 49
Rajarshi 13 11 24
Other 8 1 9
Total 54 28 82
35 33
30
25
20
16 Yes
15 13
11 No
10 8
5
1
0
Automotive Rajshri Other
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Yes No Total
Automotive 41 8 49
Rajarshi 21 3 24
Other 7 2 9
Total 69 13 82
50
41
40
30 Yes
21
20 No
8 7
10 3 2
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Yes No Total
Automotive 34 15 49
Rajarshi 14 10 24
35 34 Other 6 3 9
30 Total 54 28 82
25
20
15 Yes
15 14
10
10 No
6
5 3
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Automotive Satisfied
5 Person
Rajarshi 3
Rajshri, 3
Total 8
Automotive,
5
Automotive Rajshri
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Introduction
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right now the Bajaj’s selling is higher than Hero Honda so
the company wants to know that why some people purchase
only splendor and what are their perception for splendor. And
also wants to know their future vehicle and also wants analyse
that the customer of Hero Honda Splendor is Satisfied with this
vehicle or not and why?
Reason No.
Advertisement 3
Self 37
Persons Reference 7
37
Other 5
71%
Total 52
7
3 5 13%
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10%
Advertisement Self Persons Reference Other
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Reason No.
Avg 47
Style 22
Less Maint, Pick Up Other, 2, 1% 31 Avg, 47,
46, 26% Look 26 27%
Less Maintenance 46
Other 2
Style, 22,
Look, 26,
15% 13%
Pick Up, 31,
- 10318%
-
Avg Style Pick Up Look Less Maintainance Other
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No. of
Satisfaton servey
Yes 39
No 13
Total No. of servey 52
No, 13,
25%
Yes, 39,
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Yes No
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Company No.
Bajaj 14
Yamaha No. 4
Tvs 3
30, 57%
Honda 1
No Think 30
Total 52
14, 27%
1, 2% 3, 6% 4, 8%
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105
Bajaj Yamaha Tvs Honda No Think
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2, 3%
3, 4%
4, 6%
Bajaj Yamaha Tvs Honda (HMSI) Hero Honda
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Bajaj, 4,
40%
Hero
Honda, 6,
60%
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Bajaj Hero Honda
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• Automotive save the time of customer by taking lesser
time while they come for servicing their vehicle. And
also engineer understand customers problem properly.
• Automotive gives expense detail advance so most of
customer are satisfied with the expense detail.
• Service satisfaction of automotive customer is higher than
other dealers service.
• If some customer make service on both Rajarshi and
Automotive then the customer prefer Automotive More
because Automotive give qualitative service so that
customer satisfaction from automotive is higher.
• Some customer face the problem like Automotive’s staff
not behaves well with customer. And some time customer
not takes delivery of his vehicle on time.
Customer Perception
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• Easy to Ride and Comfortable bike
• Rough & Tough Bike
• Worlds No-1 Bike from Many Years
• Most Popular Vehicle among youths
• Good Market Demand from many years
• Resell Price Is higher than other Vehicle.
• Customer Feels that If there is a splendor then no other
problem can take place for many years.
• Less Weight & Less Price.
• Sophisticated Bike
• Setting is So comfortable that it is most preferable in
long run.
• Good Balancing
• Parts are easily available at cheaper rate.
This two research can help Bajaj and also it’s dealers to know
what are the improvement they need in bike and also in a
service after selling of vehicle.
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• Company should take less time for service the vehicle.
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• Only one person should take the responsibility to check
the vehicles problem and also to solve the problem
MAGAZINES:
• Business Today
• India Today
• Business World
NEWSPAPERS:
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• Economic Times
• Business Standard
WEBSITES:
• www.autowebindia.com
• www.indiainfoline.com
• www.bajajauto.com
• www.domain-b.com
• www.bharattraders.com
• www.fadaweb.com
• Various Search Engines
ANNUAL REPORTS:
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