customer satisfaction maruthisuzuki
TRANSCRIPT
A Project report on
CUSTOMER SATISFACTION TOWARDS MARUTI CARS
AT
MITHRA AGENCY
Submitted by
M.XXXXXXXXXX
H. T. No. XXXXXXX
In partial fulfillment for the award of the Degree of
Master of Business Administration
Department of Business AdministrationSAI SUDHIR P.G.COLLEGE
(Affiliated to Osmania University)
E.C.I.L X ROADS, Hyderabad
CERTIFICATE
This is to certify that the project titled
CUSTOMER SATISFACTION TOWARDS MARUTI
CARS submitted in partial fulfillment for the award of
Masters in Business Administration was carried out by
M.CHANDRAKANTH under my guidance. This has not
been submitted to any other University or Institution for
the award of any Degree/ Diploma/Certificate.
Name and address of
Signature of the
the supervisor
supervisor
Date:
Place:
DECLARATION
I, M.CHANDRAKANTH, hereby declare
that the project titled “CUSTOMER SATISFACTION
TOWARDS MARUTI CARS” in MITHRA AGENCY,
has been submitted by me to the Department of Business
Administration, Azad Institute of Managment, is a genuine
work of mine and it has not been submitted to any other
University or Institution for the award of any degree /
diploma / certificate or published any time before.
Place: Date: Signature
ACKNOWLEDGEMENT
This dissertation bears imprint of many persons
who directly or indirectly made valuable contributions for its
emergence. I am thankful to Mr. Venkateswer rao, for his
continuous support.
I profusely express my sincere and unending
gratefulness to my guides, Mr. RAVI SIR who gave their
valuable timely help and supervision in completing my project
work in time.
I would like to take the opportunity to express my
profound gratitude to “Mr. P.RAGHAVENDAR” (Sales
Manager) of MITHRA AGENCY, for giving me the opportunity to
do project entitled “CUSTOMER SATISFACTION
TOWARDS MARUTI CARS” in MITHRA AGENCY I
specially thank “Mr. HYDER ALI” (Team Leader) in MITHRA
AGENCY, for guiding me all through my project.
I am extremely happy to express my deep sense of
gratitude to my parents, who showered their blessings at all
times and my friends who supported me till now and guided me
to step into this bright and challenging career
(M.CHAND
RAKANTH)
ABSTRACT:
Customer satisfaction depends on a product’s
perceived performance in delivering value relative to a buyer’s
expectations. If the product’s performance falls short of the
customer’s expectations, the buyer is dissatisfied. If performance
matches expectations, the buyer is satisfied. If performance
exceeds expectations, the buyer is delighted. Outstanding
marketing companies go out of their way to keep their customers
satisfied. Satisfied customers make repeat purchases, and they
tell others about their good experiences with the product. The
key is to match customer expectations with company
performance. Smart companies aim to delight customers by
promising only what they can deliver, then delivering more than
they promise.
Customer expectations are based on past buying
experiences, the opinions of friends, and marketer and
competitor information and promises. Marketers must be careful
to set the right level of expectations. If they set expectations too
low, they may satisfy those who buy but fail to attract enough
buyers. If they raise expectations too high, buyers will be
disappointed.
Today’s most successful companies are raising
expectations- and delivering performance to match. These
companies embrace total customer satisfaction. Thus, the
marketer must continue to generate more customer value and
satisfaction but not “give away the house”.
TABLE OF CONTENTS
CONTENTS PAGE NO
LIST OF TABLES
LIST OF CHARTS
IIi
CHAPTER 1 INTRODUCTION 1
CHAPTER 2 REVIEW OF LITERATURE 7
CHAPTER 3 INDUSTRY PROFILE 12
CHAPTER 4 COMPANY PROFILE
PRODUCT PROFILE
2335
CHAPTER 5DATA ANALYSIS &
INTERPRETATION
40
CHAPTER 6 FINDINGS & SUGGESTIONS
59
CHAPTER 7 CONCLUSIONS 62
CHAPTER 8
APPENDICES
QUESTIONNAIRE
BIBLIOGRAPHY
6368
CHAPTER 1
INTRODUCTION
CUSTOMER SATISFACTION Whether the buyer is satisfied after purchase
depends on the offer performance in relation to the buyer’s
expectations.
Satisfaction is a person feeling of pleasure or
disappointments resulting from comparing a product perceive
performance or outcome in relation to his/her expectation.
As this definition makes clear, satisfaction is function
perceive performance and expectations. If the performance falls
short of expectations the customer is dissatisfied. If the
performance matches the expectation the customer is satisfied. If
the performance exceeds expectation the customer is highly
dissatisfied.
Many companies are aiming for high satisfaction because
customers who are just satisfied still find easy to switch when a
better offer comes along. Those who are highly satisfied are
much less ready to switch. High satisfaction or delight creates an
emotional bond with the bond, not just a rational preference. The
result is high customer loyalty.
Senior management believes that a very satisfied that a
very satisfied or delighted customer is worth ten times as much
to the company as a satisfied customer. A very satisfied customer
is likely to stay in company for many more years and by more
than a satisfied customer will.
Buyers form their expectations from past buying experience,
friends and associates, advice marketers & competitor
information and promises. If marketer raises expectations too
high, the buyer is likely to be disappointed.
Some of today’s most successful companies are raising
expectations and delivering performance to match. These
companies are aiming for TCS (Total Customer Satisfaction).
Some companies guarantee total customer satisfaction and will
replace at its expense any dissatisfied customer’s equipment
within period of many years after purchase.
For customers centered companies, customer satisfaction is
both a goal and a marketing too. Companies that achieve high
customer satisfaction rating make sure that the target market
knows it.
Study shows that although customers are dissatisfied
with one out of every four purchases, less than 5% of
dissatisfied customers will complain. Most customers will by less
or switch suppliers. Complaints levels are thus not a good
measure of customer’s satisfaction. Responsiveness companies
measure customer satisfaction directly by conducting periodic
surveys. They sent questionnaire or make telephone calls to
random sample of recent customers. They also solicit buyer’s
view on their competitor’s performance.
While collecting customers satisfaction data kit is also useful it
ask additional questions to measure repurchase intention, this
will normally by high if the customers satisfaction is high, it is
also useful to measure the likelihood or willingness to
recommend the company and the brand to others. High positive
word-of-mouth score indicates that the company is
Producing high customer’s satisfaction. When customers rate
their satisfaction with the element of company’s performance like
delivery. The company needs to recognize that customer vary in
how they define good delivery. It could mean early delivery on
time delivery, order completeness and so on. Yet if the company
had to spell out every element in detail customers would face
huge questionnaire the company must also realize that customers
can report being satisfied for different reasons. One may be
easily satisfied most of the time and other might be hard to
please, but was pleased on this occasion.
Company should also note that managers and sales
people could manipulate customer’s satisfactions rating. They
can especially nice to customers just before the survey. They can
also try to exclude Un-happy customers from the survey.
Another danger is that if the customer knew that the company
would go out it way to lease customers.
Some express high dissatisfaction (even if satisfied). In
order to receive more concessions. Some companies navigate all
these pit falls to reach their customers value and satisfaction
goals. We call these companies high-performance business.
Customers satisfaction depends on the products perceive
performance in delivery value relative to buyer’s expectations. If
the product performance falls short of customer expectations, the
buyer is satisfied. Outstanding marketing companies go out of
their way to keep their customer satisfied.
Satisfied customer may report purchase and they tell us
about their good experience with the product. The key being to
match customer’s expectations with company performance.
Smart companies aim to delight customers by promising only
what they can deliver then delivering more than they promise.
Customer’s satisfaction is closely linked to quality in
recent years. Many companies have adopted Total Quality
Management (TQM) programs, designs to constantly improve
quality of their products, service & marketing processes. Quality
has an impact on product performance and hence on customer
satisfaction.
OBJECTIVESOF
RESEARCH
STATEMENT OF PROBLEM:
With the recent influx of different brands in today’s four
wheeler auto segment each striving to satisfy customers with the
end results of maintaining loyalty, at present cars as such have
become necessity but not a nicety.
With this out look of today’s market it is even a layman’s
perceptive that Ford itself reflects a satisfied customer.
Keeping in mind curriculum requirement &
organizational requirement the study has been conducted to find
out customer satisfaction towards Maruti cars. However, due to
time constraints an in-depth study could not be undertaken.
OBJECTIVES OF STUDY:
The board objective of the study is to know the consumer
behavior in the light of various factors governing
preferences decision regarding various aspects before
purchasing a four-wheeler.
To find customer satisfaction level during sales process.
To know about the post sales service provided by the
dealer.
To find out the overall experience of the customers
with reference to
Varun Maruti Agency
To know which factors are considered by the
consumers before they
Purchase any four-wheeler.
To find out whether the vehicle details were made
known to every Customer or not.
To know the promptness of the vehicle deliveries made
to customers.
To find out the most preferred media of communication
and then to analyze the advertisement campaign in
terms of media effectives.
SCOPE OF STUDY:
The geographical scope of study is confined to
the city of
Hyderabad. The various customers were met to find out their
perception
towards the various elements that satisfies the customer.
LIMITATIONS OF STUDY:
The study could not be conducted on a large sample size
and area
because of time constraint.
The number of sample size is respondents and the study is
confined
Only to the Hyderabad confined limits.
The study is time bound & would be applicable to the
current
Findings of the study.
CHAPTER 2REVIEW
OFLITERATURE
REVIEW OF LITERATURE
Customer satisfaction:
Customer satisfaction, commonly abbreviated CS, is a
business term which is used to capture the idea of measuring
how satisfied an enterprise's customers are with the
organization's efforts in a marketplace. It is seen as a key
business performance indicator and is part of the four
perspectives of a Balanced Scorecard.
Every organization has customers of some kind. The
organization provides products (goods and/or services) of some
kind to its customers through the mechanism of a marketplace.
The products the organization provides are subject to
competition whether by similar products or by substitution
products.
Reasons to Monitor Customer Satisfaction
The reason an organization is interested in the
satisfaction of its customers is because customers purchase the
organization's products. The organization is interested in
retaining its existing customers and increasing the number of its
customers.
Measuring Customer Satisfaction
Customer satisfaction is an ambiguous and abstract concept and
the actual manifestation of the state of satisfaction will vary from
person to person and product/service to product/service. The
state of satisfaction depends on a number of both psychological
and physical variables which correlate with satisfaction behaviors
such as return and recommend rate. The level of
satisfaction can also vary depending on other options the
customer may have and other products against which the
customer can compare the organization's products.
Because satisfaction is basically a psychological
state, care should be taken in the effort of quantitative
measurement, although a large quantity of research in this area
has recently been developed. Work done by Berry, Brodeur
between 1990 and 1998 defined ten 'Quality Values' which
influence satisfaction behavior, further expanded by Berry in 2002
and known as the ten domains of satisfaction. These ten domains
of satisfaction include: Quality, Value, Timeliness, Efficiency,
Ease of Access, Environment, Inter-departmental Teamwork,
Front line Service Behaviors, Commitment to the Customer and
Innovation. These factors are emphasized for continuous
improvement and organizational change measurement and are
most often utilized to develop the architecture for satisfaction
measurement as an integrated model. Work done by
Parasuraman, Zeithaml and Berry between 1985 and 1988 provides
the basis for the measurement of customer satisfaction with a
service by using the gap between the customer's expectation of
performance and their perceived experience of performance. This
provides the measurer with a satisfaction “gap” which is
objective and quantitative in nature. work done by Cronin and
Taylor propose the "confirmation/disconfirmation" theory of
combining the "gap" described by Parasuraman, Zeithaml and
Berry as two different measures (perception and expectation of
performance) into a single measurement of performance
according to expectation. According to Gar brand, customer
satisfaction equals perception of performance divided by
expectation of performance.
The usual measures of customer satisfaction involve a survey
instrument with a set of statements using a Likert Technique or
scale. The customer is asked to evaluate each statement and in
term of their perception and expectation of the performance of
the organisation being measured.
Today, customer satisfaction is the mission of
most companies. Companies like Dell have made make-to-order
products and direct sales their differential advantage in
increasing customer satisfaction. Operational strategies can now
be structured for attaining high levels of customer satisfaction at
relatively low costs. Innovations in online information access,
creative product design, flexibility, outsourcing, postponement,
dynamic pricing, and reactive-capacity have been the major
enablers of managing manufacturing-supply networks.
However, the choice of positioning a firm along the
dimensions of customer satisfaction and total delivered cost, and
its implications for operational strategies, are not yet clear.
Power’s overall point:-
Product quality counts. It is a key determinant
of customer satisfaction. Customer satisfaction leads to improved
financial performance. The author’s make the point that
executives know this correlation but do not always live and
breathe this philosophy. Customer satisfaction builds loyalty.
Good customer service often generates good word of mouth
advertising – no matter what the industry. I found it interesting
that one of the nation’s largest house builders, Pulte Homes,
Suggests that 45% of its sales are influenced by the positive
recommendations of another customer. I might have been a little
dubious of that figure had I not learned at a recent conference for
mortgage brokers I attended, that the top performing brokers got
up to 40% of their business from previous customer.
Satisfaction contains numerous product references
featuring good and bad performance by manufacturers and
service providers. Not too surprisingly, JetBlue and Lexus get
significant coverage reflecting a very high level of customer
satisfaction. Lexus figures prominently in the book simply
because they are THE best and consistently so. It really is
astonishing that Lexus was able to take brand leadership in the
luxury car market, against Mercedes-Benz, Cadillac and BMW
within ten years of entering this market sector.
According to the findings of the 2004 4-wheeler total
customer satisfaction study released today by leading market
information provider, TNS, Maruti and Toyota models rank
highest in six out of the ten vehicle segments. Among the new
models launched since TNS' 2003 study, Ford Endeavour achieves
top honors in the "premium SUV" segment.
Representing the responses of more than seven thousand
car buyers towards the performance of over 40 models in the key
areas of sales satisfaction, product quality, vehicle performance
and design, after-sales service, brand image, and cost-of-
ownership, the 2004 4-Wheeler Total Customer Satisfaction (TCS)
study conducted by TNS specialist division, TNS Automotive, is
the largest syndicated automotive study in India. The
TCS index score provides a measure of commitment a given
model or brand enjoys with its customers. Rankings for the TCS
study are done at the vehicle segment-level to provide
comparisons among similar groups of vehicles. The ten models
ranking highest in their respective segments for total customer
satisfaction are: Maruti 800 for "entry compact"; Maruti Zen
Petrol for "premium compact"; Tata Indica Diesel for "small car -
diesel"; Maruti Esteem Petrol for "entry midsize"; Mitsubishi
Lancer Petrol for "midsize"; Toyota Corolla for "premium
midsize"; Mitsubishi Lancer Diesel for "midsize car - diesel";
Toyota Camry for "entry luxury"; Toyota Qualis for "SUV"; and
Ford Endeavour for "premium SUV’S.
2006 India TCS Ranking Chart
CHAPTER 3INDUSTRYPROFILE
INTRODUCTION
AUTOMOBILE INDUSTRY:
The Indian auto ancillary industry has come a long way
since it had its small beginnings in the 1940s. If the evolution of
the industry is traced in India, it can be classified into three
distinct phases namely: Period prior to the entry of Maruti
Udhyog Ltd, Period after the entry of Maruti Udhyog Ltd and
Period post Liberalization. The period prior to the entry of Maruti
Udhyog Ltd was characterized by small number of auto majors
like Hindustan Motors, Premier Automobiles, Telco, Bajaj,
Mahindra and Mahindra, low technology and assured business
for most of the auto-component-manufacturers.
The entry of Maruti in the 1980s marked the beginning of
the second phase of the industry. The autoancillary industry in
the country really showed a spurt in growth during this period.
This period witnessed the emergence of a new generation of auto
ancillary manufacturers who were required to meet the stringent
quality standards of Maruti’s Korean collaborator Suzuki of
Japan. The good performance of Maruti resulted in an upswing
for the domestic auto ancillary industry. It was during this period
that auto components from India began to be exported.
The entry of foreign automobile manufacturers ranging
from Mercedes Benz, Ford, and General Motors to Daewoo
following the government liberalizing the foreign investment
limits saw the beginning of the third phase of the evolution of the
industry. The auto ancillary industry witnessed huge capacity
expansions and modernization initiatives in the post liberalization
period. Technological collaborations and equity
Partnerships with world leaders in auto components became a
common affair. However, the global automobile majors soon
realized the folly of their
estimations in India. The market did not seem to be as big as it
appeared to be. Hence, sales targets went awry. The tough
competitive scenario saw a lot of consolidation in the industry
and it still continues unabated.
Indian Auto Industry - Market Overview
The industry has grown at a CAGR of 14% p.a over the last 5
years,
with sales of 9 million vehicles in 2006-07
With the potential to emerge as one of the largest in the
world. Presently, India is
1. 2nd largest two wheeler market in the world
2. 4th largest commercial vehicle market in the world
3. 11th largest passenger car in the world and is expected
to be the 7th largest market by 2016
The industry has emerged as a key contributor to the
Indian economy
Size of around US$ 34 billion in 2006
Indian Automobile Industry—Recent Trends
The Indian automotive industry has flourished like never
before in the recent years. This extra-ordinary growth that the
Indian automotive industry has witnessed is a result of a two
major factors namely, the improvement in the living standards of
the middle class, and an increase in their-disposable-incomes.
Moreover, the liberalization steps, such as, relaxation
of the foreign exchange and equity regulations, reduction of
tariffs on imports, and refining the banking policies, initiated by
the Government of India, have played an equally important role
in bringing the Indian Automotive industry to great heights. It is
estimated that the sale of passenger cars have tripled compared
to their sale in the last five years. Thus, the sale of cars has
reached a figure of 1 million users and is expected to increase
further. It's also to be noted that the demand for luxurious
models, SUVs, and mini-cars for family owners, have shot up,
largely due to increase in the consumer's buying-capacity.
The increased demand for Indian automobiles has
resulted in a large number of multi-national auto companies,
especially from Japan, U. S. A., and Europe, entering the Indian
market and working in collaboration with the Indian firms. Also,
the institutionalization of automobile finance has further paved
the way to sustain a long-term high growth for the industry.
Automotive Industry: India Strategic Market
Profile
Although India has been much discussed in recent years,
and has been the recipient of major foreign investment in its
automotive industry, it has in many ways not received the
attention of the world’s other major developing country, China –
but this is about to change.
With the world’s second largest and fastest-growing
population, there is no denying India’s potential in both economic
and population terms and the effect it will have on the auto
industry in the years to come. The country is already off to a good
start, with a well-developed components industry and a
production level of one million four-wheeled vehicles a year, plus
a further five million two- and three-wheelers.
The Automotive Industry and the Environment
The automotive industry currently faces huge challenges.
The fundamental technological paradigm it relies on, volume
production, has become progressively more unprofitable in the
face of increasingly segmented niche markets. At the same time
it faces increasing regulatory and social pressures to improve
both the sustainability of its products and methods of production.
Building on a wealth of research, the automotive industry and the
environment addresses those challenges and how they can be
met in producing a sustainable and profitable industry for the
future.
India’s developing Automotive Markets and
Industry
India is an emerging country with huge potential. The
domestic economy is now growing at around 7% per annum and
India's growing importance in global terms is being reinforced by
rapidly rising exports. India's low cost but highly skilled
manufacturing base means that the country is also taking centre
stage as a favored location for global outsourcing.
Indian vehicle exports have grown at a scorching rate of over 40 % over the last few years. Key exporters include:
• Maruti, Tata Motors, M & M and Hyundai for Passenger Cars and MUVs
• Tata Motors and Ashok Leyland for LCV / M & HCVs• Bajaj, TVS Motors and Hero Honda for 2 wheelers
The automotive industry is at the centre of India’s
new global dynamic. The domestic market is expanding rapidly as
incomes rise and consumer credit becomes more widely
available. Manufacturers’ product lines are being continually
expanded, as is the local automotive manufacturing base.
Expectations are high that India can develop as a global hub for
small car manufacture and as an outsourcing centre that offers
the global automotive industry solutions high up the automotive
value-chain.
This management briefing reviews the current status of and
future prospects for India's automotive industry.
INDIA - ADVANTAGE AND BUSINESS
OPPOURTUNITES
Opportunities in the Indian Automotive Sector
Proven product Development capabilities
Capabilities to develop complete vehicles and systems
More than 125 Fortune 500 (including large auto companies) have R&D centers in India
Companies can leverage India’s acknowledged leadership in the IT industry
Stable economic policies
Continuity in reforms and policies
India targets to emerge as the “manufacturing hub”
for small cars
High quality standards
12 Indian component manufacturers have won the Deming Prize for quality
Most leading component manufacturers are QS and ISO certified
INDIAN AUTO INDUSTRY
Competitive manufacturing cost
Implementation of VAT, has positioned India as one of the leading low cost manufacturing sources
Export Potential Increased
outsourcing has led to
a large potential to export components and vehicles
to other markets
Large and growing domestic demand
Demand growth expected to be around
10 % CAGR making India one of the fastest growing markets
Industry Structure
The Indian car market has been divided in to
small cars, mid size cars, luxury cars and multi utility vehicles.
Small cars:
It is the most preferable small car segment in
Indian economy. Under this segment we have Maruti 800, Maruti
Zen, Maruti Wagoner, Maruti swift, Tata Indica, Hyundai Santro,
Fiat Palio, and Maruti Alto, Maruti Zen, Estilo ,Tata Nano etc.,
These are the best suitable for Indian middle
class people. These cars also suit Indian roads and traffic
conditions. The concept of small cars has emerged from Japan.
Small cars are fuel efficient with latest sleek
look and advanced technology.
Mid size cars:
The mid size cars are to upper middle class
people of society.
Business executives mainly use these cars.
Under this we have Maruti sx4,Esteem, Ford Fusion,
Ford Fiesta, Opel Astra, Tata Indigo, Tata Marina, Honda City,
Chevrolet Aveo, Hyundai Accent etc.,
Luxury cars:
The elite members of the society use these luxury cars.
The luxury cars are symbol of success of a man.
Under this we have Maruti Grand Vitara, Ford
Mondeo, Skoda Octavia, Skoda Laura, Hyundai Sonata, Hyundai
Elantra, Toyota Corolla, Toyota Cramy, Mitsubishi Lancer,
Mitsubishi Cedia, Honda Civic, Honda CRV, Honda Accord,
Chevrolet Optra, Mercedes-Benz (S-class, E-class), Maruti Baleno
etc.,
Multi Utility Vehicle:
MUV’S are used for transportation purpose. As MUVs
are very rugged and powerful vehicles they are used in hilly
regions. Today there are a lot of players in the car segment. This
has increased competition amongst the manufacturers.
Under this we have Tata Sumo, Tata Sierra, Tata Safari,
Maruti Gypsy, Bajaj Tempo, Ford Endeavour, Toyota Qualis,
Toyota Innova, Mahindra Voyager, Mahindra Scorpio, Mahindra
Bolero etc.,
Now-a-days dealers and manufacturers are providing
many attractive financial facilities for the consumers. This
indicates that the manufacturers will have huge demand in
coming decades.
Major players in automobile industry
The major players in the automobile industry are as
follows:
Maruti Suzuki
Toyota
Skoda
Honda
Hyundai
Chevrolet
Tata
Hindustan Motors
Mitsubishi
Ford
These are the companies that bring to us our
dream machines. This where it all starts from the bourgeoisie
Maruti 800, the up market the stately Mercedes, and the rest.
Wend your way through the automobile companies,
their history product lines. Find out hitherto unknown facts
about the vehicle you use. Did you know that the Hindustan
Motors were the first vehicles manufacturing company to be
set up in India? And it is the same Hindustan Motors, which
manufactures both the sturdy Ambassador and the elegant
Lancer, in association with Mitsubishi.
CHAPTER 4COMPANY PROFILE
Maruti Udyog Limited (MUL) was established in Feb 1981 through
an Act of Parliament, to meet the growing demand of a personal
mode of transport caused by the lack of an efficient public
transport system.
Maruti Udyog is India’s leading maker of automobiles.
Through a partnership with Suzuki, the company makes models
such as the Alto, Gypsy, and Zen. In addition to domestic sales,
Maruti also exports its Alto model to many European markets.
The company’s three-plant manufacturing complex near New
Delhi has an annual capacity of about 3.5 million cars per year.
Maruti Udyog enjoys about a 50% share of its domestic market.
To help maintain its share of the market, the company is building
a new plant near its existing plants in Gurgaon about 25 miles
from New Delhi.
Suzuki Motor Company was chosen from seven prospective
partners worldwide. This was due not only to their undisputed
leadership in small cars but also to their commitment to actively
bring to MUL contemporary technology and Japanese
management practices (which had catapulted Japan over USA to
the status of the top auto manufacturing country in the world).
A license and a Joint venture agreement were signed
between Govt. of India and Suzuki Motor Company (now Suzuki
Motor Corporation of Japan) in Oct 1982.
The objectives of MUL then were:
Modernization of the Indian Automobile Industry.
Production of fuel-efficient vehicles to conserve scarce
resources.
Production of large number of motor vehicles which was
necessary for economic growth.
Maruti is India’s largest automobile company. The
company, a joint venture with Suzuki of Japan Has been a
success story like no other in the annals of Indian Automobile
Industry.
SUZUKI PARTNERING MARUTI FOR LEADERSHIP
Suzuki’s world leadership in compact cars.
Large seller of compact cars worldwide 23 million Suzuki has
been the market leader in the Japanese compact car segment
for 19 consecutive years.
General Motors has sought expertise in small car
technologies from Suzuki through strategic alliance since the
1980’s and has recently increased its equity stakes in Suzuki
to 20 %.
Suzuki has also launched cars like the Vitara, Wagon R Wide,
carry and other such models which have further contributed
to Suzuki’s image as one of the most imaginative designers
for functional compact vehicles.
The company has seen cumulative sales overseas in excess of
10 million cars.
Suzuki motor
Corporation sells its product in 170 countries
For a concise yet comprehensive look at what Maruti has meant
at the industry.
When we entered
Success
Evolution and adaptability
Network
Technology trans
WHEN WE ENTERED:
When Maruti entered the Indian car market, there were two
major players in the market. One is h8industan motors and other
was fiat. it sought to fill what it perceived as two very glaring
needs one, to provide fuel efficient, low cost vehicles, which are
reliable and of high quality. To offers customers good vehicles
and better sales services which satisfies their needs. Total
automobile value and customer satisfaction, these objectives
shaped out policies and our approach to quality.
Additionally, the absence of efficient public transportation
system was leading to a growing demand for passenger car.
A bargaining work force and growing middle class
population meant that personal transport had become a
necessity. To attract good managerial talent, they corporate
world had started to offer cars even to junior executives. Since
the car that Maruti manufactured were mainly entry level cars
the company successfully fulfilled the demand in the market.
SUCCESS:
The first class rolled out for sale on 14th December 1983(the
customers went into production in a record 13 months) marking
the beginning of a revolution in the Indian automobile industry.
The Indian car market had stagnated at a volume of 30,000 to
40,000cars a year for the decade ending 1983.in 1983, this figure
reached a number of 1, and 96,820.maruti’s figures are a different
story all together. We reached a total production of one million
vehicles in March 1994, becoming the first Indian company to
cross this milestone. We crossed the million marks in 1997.
For the year ended 1997-98 Maruti had posted a turnover
of us dollars 2.1billion and a profit before tax of us dollars 244
million. during the year Maruti produced 350000 vehicles, out of
which 26000 were exported. Maruti has played profits in every
year since inception, and has been paying dividends for the last
10years.
Through the Maruti has provided world class
contemporary Japanese technology, suitably adapted to Indian
conditions and Indian car users. we have also provided users
with a range of cars to suit different needs.
Maruti’s market share figures show the response of customers in
1997-98, our market share of vehicles was over 70%.in addition to
leading in the economy car segment, Maruti is also the leader in
the luxury car segments with a market share of 38%.
With many international automobile majors setting up base
in Indian, we expert intense competition in the coming years. We
however welcome the transistor from a seller’s market to a
buyer’s market. In this environment only those firms will survive,
which have strong supplier base a wide spread sales and after
sales network and are able to offer a large number of quality
variants at reasonable prices.
EVOLUTION AND ADAPTABILITY:
Maruti’s story in a changing economic scenario has been as
follows. The success of the joint venture led Suzuki to increase its
equity from 26% to 40% in 1987 and further to 50% in 1992.As a
result, Maruti changed from being a Govt.co.to a Non-Govt.co.
On February 24th 1981 Govt. of India incorporates Maruti
Udyog limited as a 100% public limited co. on October 21982
license agreement and joint venture agreement signed with
Suzuki. In 1983 the maruti800 launched bringing about the first
major revolution in the Indian car market.
From 1984 onwards, for more than half a decade, the car
industry had to deal with certain factors. Excise duty was marked
by a steady rise across 1984 to 1991 (15%$ in 1984, 42% in 1989, 52.5%
in 1990&66% in 1991). Despite a considerably weaker rupee the
import duty on car components that has also risen from 40% to
75%. All this lead to sharp increase in customer price and a
consequent fall in the overall demand for passengers’ cars.
Maruti’s growth continued despite rising tax levels and the low
accorded to car production. With the introduction of
liberalization from July1991, the Govt. realized the high growth
potential of the passenger car market. It took note of the
contributions of this segment in promoting employment,
technological up gradation of industry and contribution to Govt.
revenue. Policy changes took place accordingly.
Maruti’s excellent performance in the post liberalization
milieu is in keeping with the earlier trend set by it. Maruti has
kept place with the times, to continue providing its customer
products of high quality. Today, our strong dealer and service
network consists of 335 sales outlets, 1986 service centers across
1053 cities as on 31-10-2007.
Maruti Udyog limited rolls out one car every 43 seconds.
With more than I new product launched every year and 4 new
products was launched in 2000, since 1981 Maruti has consistently
delivered high quality products to Indian customers, more than 30
lakh people in India are proud to own and drive Maruti cars.
Tried, tested & trusted, proven
On Indian roads, it is customer oriented and responsive to every
need & budget.
PRODUCTION/R&D
Spread over a sprawling 297 acres with 3 fully integrated
production facilities, the Maruti Udyog plant has already rolled
out over 4.3 million vehicles. In fact, on an average, just 14 hours
to make a car. More importsntly, with an incredible range of 11
models available in 50 variants, there’s a Maruti Suzuki made
here to fit every car – buyer’s budget dream.
PRODUCTION MILESTONES:
1st vehicles produced, December 1983
1, 00,000 vehicles produced by August 1986
5, 00,000 vehicles produced by June 1990
10, 00,000 vehicles produced by March 1994
15, 00,000 vehicles produced by April 1996
20, 00,000 vehicles produced by October 1997
25, 00,000 vehicles produced by March 1999
30, 00,000 vehicles produced by June 2000
35, 00,000 vehicles produced by December 2001
40, 00,000 vehicles produced by April 2003
45, 00,000 vehicles produced by April 2004
50, 00,000 vehicles produced by April 2005
55, 00,000 vehicles produce by April 2006
60, 00,000 vehicles produced by April 2007
60, 50,000 vehicles produced by February 2008
MARUTI SALES IN FEBRUARY 2008 :
New Delhi, February 1, 2008: Car market leader Maruti Udyog
Limited sold 48,526 units in the domestic market in January 2008.
This is a growth of 7.1 percent over January 2007.
In all, the company sold 50,109 units, including 1,583
units of exports, during January 2008. The company’s volume in
the domestic A2 segment grew by 21.2 per cent compared to
January 2007. As published in Overdrive Magazine dated 15th
March 2008.
THE QUALITY ADVANTAGE:
Maruti Suzuki owners experience fewer problems with
their vehicles than any other car manufacturer in India (J.D.
Power IQS Study 2004). The Alto was chosen No. 1 in the
premium compact car segment and the Esteem in the entry level
mid-size car segment across 9 parameters.
The J.D. Power APEAL Study 2004 proclaimed the Wagon R
no. 1 in the premium compact car segment and the Esteem No. 1
in the entry level mid – size car segment. This study measures
owner in terms on design, content, layout and performance of
vehicles across 8 parameters.
A Buying Experience like No Other
Maruti Suzuki has a sales network of 307 state-of the –art
showrooms across 189 cities, with a workforce of over 6000 trained
sales pertsommel to guide our customers in finding the right car.
Our high sales and customer care standards led us to achieve the
No.1 nameplate in the J.D. Power SSI Study 2004.
Quality Service across 1036 Cities
In the J.D. Power CSI Study 2004, Maruti Suzuki scored the
highest across all 7 parameters: least problems experienced with
vehicle serviced, highest service quality, best in-service
experience, best service delivery, best service advisor
experience, most user-friendly service and best service initiation
experience.
92% of Maruti Suzuki owners feel that work gets done right the
first time during service. The J.D. Power CSI study 2004 also
reveals that 97% of Maruti Suzuki owners would probably
recommend the same make of vehicle.
One Stop Shop
At Maruti Suzuki, you will find all your car-related needs met
under one roof. Whether it is easy finance, insurance, fleet
management services, exchange- Maruti Suzuki is set to provide
single-window solutions for all your car related needs.
The Low Cost Maintenance Advantage
The acquisition cost is unfortunately not the only cost you face
when buying a car. Although a car may be affordable to buy, it
may not necessarily e affordable to maintain, as some of its
regularly used spare parts may; be priced quit steeply. No to so
in the case of a Maruti Suzuki. It is in the economy segment that
the affordability of sapres inn most competitive and it is here
where Maruti Suzuki shines.
Lowest Cost of Ownership
The highest satisfaction ratings with regard to cost of ownership
among all model are all Maruti Suzuki vehicles: Zen, Wagon R,
swift, Esteem, Maruti 800, Alto and Omni We are proud to have
the lowest cost of operation/km ( among petrol vehicles ) – the
top 5 models are all Maruti Suzuki Models> Maruti 800. Alto, Zen,
Omni and Wagon R.
TECHNOLOGICAL ADVANTAGE:
We have introduced the superior 16*4 Hypertech engines across
the entire Maruti Suzuki range. This new technology harnesses
the power of a brainy 16-bit computer to a fuel –efficient 4-valve
engine to create optimum engine delivery. This means every
Maruti Suzuki owner gets the ideal combination of power and
performance from his car.
Our other innovation has been the introduction of
Electronic Power Steering (EPS) in select models. This results in
better and greater maneuverability. In other words, our cars have
become even more pleasurable to drive.
SUZUKI COMPACT CAR TECHNOLOGY:
All Maruti vehicles are the produce of Suzuki’s worldwide
leadership in compact car technology. A technology that has fine-
tuned the art of maximizing the minimum of providing compact
cars with sufficient interior space, performing and durability.
This is an expression of phenomenon engineer strength that has
taken the lead in designing an entirely new category of
worldwide.
HIGH VALUE AND LOW MAINTENANCE:
All Maruti cars are packed with value added features. They
are engineered to give maximum fuel efficiency, and require very
little maintenance, so what you get a superior quality at the right
price.
RELIABLE QUALITY:
With growing customer base of over 2 million people it goes
without saying that Maruti synonymous with reliability. It is also
a car company that constantly upgrades its product to with your
changing needs, with the changing times.
Maruti’s quality policy revolves around:
ISO
Kaizen
The approach to quality at Maruti is in tune with Japanese
practice. “Build it into the product”
In 1993, Maruti passed the conformity of production (COP)
Audit, conducted by A V Belgium.
In May 1995 obtained ISO 9002 certification the only one in
India and the fourth Asian car manufacturer to receive this
certification.
ISO 9002 includes the quality assurance introduction,
installation, marketing and sales as well as after sales
service.
Kaizen is a series of small improvements on a continuous
basis requiring negligible investments.
Employees are encouraged to make suggestions and this
activity has led to cost savings of Rs.785 million last year.
Quality circles are formed to collectively generate
suggestions for improvements.
NETWORK:
Maruti has transformed the concept of after sales sales
service I the Indian automobile industry. We are committed to
making sure that our relationship with the customer does not end
with the purchase of the vehicle. Maruti has built up an extensive
network of showrooms, dealers workshops and authorized service
stations to ensure that no matter where you go, you are never far
away from a Maruti authorized station.
Maruti has believed that quality and productivity are not merely
functions processing the best equipment our partners, Suzuki
agree with us that an effective transfer of manufacturing
technology cannot consist merely of drawings computer print
outs or sending senior management members to Japan.
Accordingly, we have concentrated on training and
motivating the people who operate and maintain this equipment
ours services supervisors and engineers are send to Japan on a
continuous basis for a six month period. Till date over 20% of our
employees out of a total strength of 4975 have benefited form this
agreement. As a result, the transfer of technology form Suzuki
has been an smooth process. By February 1990 itself, a local
contained of above 90% was reached from the Maruti 800.
ABOUT DEALERS:
Maruti believes that its relationship with the customer
doesn’t end with the purchase of a car, from its inception. Maruti
was committed to providing an excellent network that would
facilitate consumer vehicle, accessing spare parts, and getting
their vehitrategic alliance since the 1980’s and has recently
increased its equity stake in Suzuki to 20%. Suzuki has launched
cars like the Vitara, WagonR Wide, carry and other such models,
which have further contributed to Suzuki’s image as one of the
most imaginative designers for functional compact vehicles. The
company has seen cumulative sales overseas in excess of 10
million cars. Suzuki Motor Corporation ells its product in 170
countries. For a concise yet comprehensive look.
COMPREHENSIVE LOOK:
At what Maruti has meant Indian automobile company that can
promise its customer a wide range of cars to suit a host of
different lifestyles.
MISSION AND VISION:
Today, Maruti is India’s largest Automobile Company. This fact
was achieved by the missionary zeal of our employees across the
lime and the farsighted vision for our management.
THE COMPANY MISSION
To provide a wide range of modern high quality of fuel-
efficient vehicles in order to meet the need of different
customer’s both I domestic and export markets.
THE COMPANY VISION:
We must be an internationally competitive company in
terms of our products and services.
We must retain our leadership in India and should also
aspire to be among the global players.
Focus On:
Buildings continuously improving organization
adaptable to quick changes.
Providing value and satisfaction it the customer.
Aligning and fully involving all our employees,
suppliers and dealers to face competition.
Maximizing shareholders value.
Being a responsible corporate citizen.
COMMINMENT TO SOCIETY:
Launched omni Cabs with CNG, launches free pollution control
drives. Promotes safety on the roads thorough ads issued in
public interest. Interceptor vehicles have been sponsored along
with equipment it the Traffic department, Is responsible for
promotion of employment has tied up with over 350 domestic
vendors IDTR-A unique concept.
CARE FOR THE ADVANTAGE:
Engine exhaust system designed to minimize emission.
Recyclable material has been used for most metal body parts
including the dashboard, bumper, front grill side molding &
trims.
Asbestos- free materials have been adopted for the brake pads.
THE MARUTI ADVANTAGE:
Japanese Technology.
Suzuki world leader in compact car segment.
India’s largest auto company.
India’s largest sales service and support network.
35,000+ trained service personnel.
State of the art 3T Technology-(Tried, Tested and Trusted).
Product range-every need and every budget. Value for
money.
Each one of you.
FINANCE OPTION:
Finance for vehicles
1995 – Maruti countrywide set up by the association of GE
capital, the worlds sargest non – banking financial services,
HDFC and MUL.
Logo comprises three rings, which denotes the case of
these 3 giants.
Shares the cultures of its parents.
Setup with the objectives of offering innovative finance
schemes.
MCW operational in over 22 locations across the country.
Have over 46 DSA’s and representatives in 50 dealerships.
SCHEMES
Margin money product: 85% of asset financed for a period of
1-5 years, Repayment by post dated cheques (EMI’s).
Advance EMI product: 100% of the asset with a number of
EMI’s taken in advance.
Security deposit is taken from the customer and the full
value of assets in found. At the end of five years the
security deposit with interest is refunded tithe customers.
Green channel: individuals with select credit cards are
given loans without asking for income documents.
Easy access: Where the amount of EMI increases with the
disposable income of the customer.
Citicorp Maruti: Joint bonds with city banks to help finance
not only but also second hand cars too. The first to finance
second hand cars.
Benefits:
1. Widest range of flexible financing options.
2. Attractive interest rates without hidden cost.
3. Flexible repayment loans.
4. Quick and hassle free loans.
FOCUS AREAS:
Customer Satisfaction: “Measured through CSI done internally
and by JD Power”.
MILE STONES:
2007
In this year launched SX4 (1586 cc) innovative product.
And GRAND VITARA (1995 cc).
2006
In this year re launched Swift Car.
Swift becomes bestselling Car. And it got best car of the
year.
2005
The fiftieth lakh car rolls out in April, 2005
2004
New (non A/C) variant of Alto
Alto becomes India’s new bestselling car Versa 5-seater,
a new variant
Baleno LXi, a new variant
Maruti closed the financial year 2003-04 with an annual sale
of 472122 units, the highest ever since the company began
operations 20 years ago.
2003
New Suzuki Grand Vitara XL-7
Redesigned and all-new Zwn
New upgraded Wagon R
Enters into partnership with State Bank of India
Production of 4 millionth vehicles. Listed on BSE and NSE
after a public issue oversubscribed 10 times
2002
Wagon R Pride
Esteem Diesel. All other variants upgraded
Maruti Insurance. Two new subsidiaries started: Maruti
Insurance
Distributor Services and Maruti Insurance Brokers Limited
Alto Spin LXi, with electronic power steering
Special edition of Maruti 800, India’s fist colour-
coordinated car
Maruti True value In Mumbai with 10 finance companies
2001
Zen LXi
Maruti True Value launched in Bangalore and Delhi
Maruti Versa, India’s first luxury MPV
Alto Spin LXi, with electronic power steering
Alto Vxi
Customer information centers launched in Hyderabad,
Bangalore and Chennai Launch of versa
2000
First Car Company in India to launch a Call Center
New Alto Alturra, a luxury estate car
IDTR (Institute of Driving Training and Research) launched
jointly with the Delhi government to promoter safe driving
habits
1999
Maruti 800 EX (796cc, hatchback car)
Zen LX (993cc, hatchback car)
Zen VXi (993cc, hatchback car with power steering)
Omni XL (796cc, MUV, high roof)
Baleno (1600cc, 3 Box Car)
Wagon R
Launch of Maruti-Suzuki innovative traffic beat in Delhi and
Chennai as social initiatives
Maruti launches website as part of CRM initiatives
Zen D (1527 cc diesel, hatchback car)
Zen VX & Omni E O (796cc, MUV)
Launch of website as part of CRM initiatives
1997
1998 Esteem (1299cc, 3 box car) LX, VX and AX
NEW Maruti 800(796cc, hatchback Car) Standard and
Deluxe
Produced the 2 millionth vehicle since the commencement
of production
1996
Gypsy (E) (970cc, 4WD 8seater)
Omni (E) (796cc, MUV, 8seater)
Gypsy King (1298cc, $WD, off road vehicle)
Zen Automatic (993cc, hatchback car)
Esteem 1.3l (1298cc 3 box Car) AX
Launch of 24-hour emergency on –road vehicle service
1995
Esteem 1.3L (1298cc, 3 box car) VX
With the launch of second plant, installed capacity reached
200,000 units
1994
Esteem 1.3L (1298cc, 3 box car) LX
Production the 1 millionth vehicles since the
commencement of production
1993
Zen (993cc, hatchback Car), which was late exported in
Europe and elsewhere as the Alto
1992
SMC increases its stake in Maruti to 50 percent
1991
Reaches cumulative indigenization of 65 percent for all
vehicles produced
1990
Maruti 1000(970cc, 3 box), India’s first contemporary sedan
1988
Installed capacity increased to 100,000 units
1987
Exported first lot of 500 cars to Hungary
1986
Maruti 800 (New Model-796cc, hatchback Car)
Produced 100,000 vehicles (cumulative production)
1985
Launch of Maruti Gypsy (970cc, 4WD off –road vehicle)
1984
Omni, a 796cc MUV
Installed capacity reached 40,000 units
1983
Maruti 800, a 796cc hatchback, India’s first affordable
car.
Production was started under JVA
1982
License and JV agreement signed between Maruti Udyog
Ltd. And AMC of Japan
1981
Maruti Udyog Ltd. Was incorporated under the
provisions of the Indian Companies Act, 1956.
PRODUCT PROFILE
PRODUCT PROFILE
Maruti has brought to this country fuel efficient car in all
segments, i.e., small cars, mid-size cars, luxury cars and multi
utility vehicles.
The various products of Maruti cars are:
Maruti Maruti : : GRAND VITARAGRAND VITARA
A car that adventures the sports at a stretch
Overall length, width and height (mm)-4470,1810,1695
Fuel tank 66lts, 4-cylinder in-line, turbo charged &
Accelerator control is Drive by wire
16-value multi point fuel injection engine
SSBS(sure stop breaking system)
5-speed gear box, VIS(variable induction system)
Brakes: Front Disc, suspension, Anti-lock braking system
Dual front airbags
Environment friendly dual AC & Personalized AC vents
for 2nd &3rd row seats
Electric adjustable outside mirrors
MARUTI SX4: This is the bestselling car. It has the caption
over Performance, Styling, Technology, Safety and Luxury.
Maruti SX4
Overall length, width and height (mm)-4490,1735,1560
4 cylinder, in-line, 16v DOHC
SEFI fuel system
Kerb weight 1200 kg
5-speed gear box
Turning radius 5.3 m
Independent suspension with gas filled McPherson
struts suspension & anti-roll bar
Brakes- Ventilated discs
Twin jewel effect headlamps
Air conditioning with cabin air re-circulation facility
Child safety rear door locks
50L fuel capacity
MARUTI ESTEEM: A family car with different look. The
caption is welcome to the BIG world
NEW Maruti Esteem
Overall length, width and height (mm)-4095,1575,1395
4 cylinder in-line, 16-v DOHC
40 L fuel tank capacity
SEFI fuel system
Engine control is Electronic control module(ECM)
5-speed manual gear box
McPherson struts suspension
Tubeless tyres
Luxurious ‘avocado’ interiors-two tone: grey and beige
Engine type is petrol engine, 4 stroke cycle, all
aluminium water cooled SOHC
Laden weight is 1315 kg
Headlamps on warning: in case you forget to switch it
off
Day / night inside rear view mirror
MARUTI WAGONR: A car for smarter race.
Maruti NEW WAGONR CHANGE TO A POSITIVE OUT LOOK
Overall length, width and height (mm)-3520,1490,1660
4 Cylinder in line, FC Engine, 8-V SOHC,
Electronic Power Steering(EPS)
Maximum torque Nm is 84@3500 rpm
5-Speed gear box, Manual (Lx, Lxi, Vxi)
Sporty body colored bumpers
Day-night inside rear view mirror
Internally adjustable outside mirrors
35L fuel capacity
Sporty bumper with fog lamps
MARUTI SWIFT: YOU’RE THE FUEL,"ONE SOUL.TWO
HEARTS".
Maruti SWIFT
Overall length, width and height (mm)-3695,1690,1530.
4-cylinder, 16-valves, in this petrol & diesel available
5-Speed manual
Maximum torque 113Nm@4500rpm in petrol,190Nm@2000rpm
in diesel
Fuel type/system: Gas engine/Sequential electronic fuel
injected
Brakes rear-drums, in front ventilated discs
Fuel tank capacity 43litres
Maximum speed 160 kmph
Engine capacity in petrol 1298cc, in diesel 1248cc
Steering in Rack & pinion, power assisted.
MARUTI ZEN ESTILO:A car caption is ‘SHAPE YOUR WORLD’
Maruti ZEN ESTILO
Overall length, width and height (mm) 3495,1495,1595
4-Cylinder, engine capacity 1061cc
5 speed manual
Maximum torque (Nm/rpm) 84/3500
Fuel tank capacity 35lt
Front brake ventilated disc, rear brake drum
Electronic power steering system (EPS)
Gross vehicle weight 1275 kg
MARUTI ALTO: A Car caption is New ALTO lets go.
Maruti New ALTO let’s go
Overall length, width and height (mm) 3495,1475,1460
3-cylinder, engine control 32 bit computer
Engine type FC engine, 4 valves per cylinder MPFI
Swept volume 796cc
Maximum power 47 bhp@6200 rpm
Maximum torque 62 Nm@3000 rpm
Seating capacity 5 persons
5 speed, all synchromesh, manual
Gross vehicle weight is 1165 kg
MARUTI OMNI: THE ECO RIDE Omni LPG
Maruti Omni LPG
Overall length, width and height (mm) 3370,1410,1640
3- cylinder, 6-valves in this LPG & Petrol models are available
Power transmission 4 forward, all synchromesh, 1 reverse
Brakes system front disc (Booster Assisted), rear drum
Maximum power(LPG model) 27 bhp@4500 rpm
Maximum power (Petrol model) 30 bhp@5000 rpm
Maximum torque 5.1 kgm@2250 rpm
Suspension front Mc person strut, rear leaf spring with shock
Absorbers, shock absorbers telescopic, double action
Engine capacity 796cc
MARUTI 800: A car is very simple and safety & good look also.
Maruti 800 change your life
Overall length, width and height (mm) 3335,1440,1405
Fuel tank capacity 28 liters
3-cyilender, 4 stroke cycle, water cooled SOHC(IC2V)
Steering rack & pinion
Suspension front McPherson strut & coil spring
Rear coil spring with gas filled shock absorbers
Brakes front disc, rear drum
Laden weight 1000 kg
Maximum torque 59 Nm @ 2500 rpm
Engine capacity 796cc
CHAPTER 5DATA
ANALYSIS&
INTERPRETATION
RESEARCH METHODOLOGY AND RESEARCH DESIGN:
Research Design
Sample Design : Descriptive Research
Type of universe : Consumer
Sampling unit : Hyderabad
Size of the sample : 100
Type of sampling : Simple random
sampling
Type of question : Open-ended and Close-
ended
Type of questionnaire : Structure disguised
Type of scaling : Nominal, Ordinal,
Interval scale
SOURCE OF DATA:
(a) Primary Source: This was the main source of data. The
data was obtained from individual respondent.
(b) Secondary Source: The use of secondary data is made
in knowing the industry trends and market share of
individual company.
COMMUNICATION / RESEARCH APPROACH:
Data was collected from primary sources. The instrument
used for this purpose was a structured questionnaire, which was
formatted in such a way that it was clear and easy for the
respondents to understand and it had optimum number of
questions. The questionnaire method was chosen for this
research because collection of behavioral data was the key
objective of this research.
BRANDS OF MARUTI CARS OWNED BY RESPONDENTS
TABLE NO.1
Brands No. of Respondents Percentage Maruti 800 12 12Omni 10 10Zen 13 13Alto 24 24Wagon R 18 18Swift 22 22Versa 1 1Total 100 100
Brands of maruti
0
5
10
15
20
25
30
Maruti800
Omni Zen Alto WagonR
Swift Versa
Brands
No
. o
f re
spo
nd
ents
Maruti 800
Omni
Zen
Alto
Wagon R
Swift
Versa
Interpretation: 24% customers preferred “ALTO” cars, 22%preferred “SWIFT” cars, 18% preferred “WAGONR” cars, 13% preferred “ZEN” cars, 12% preferred “MARUTI 800” cars, 10% preferred “OMNI” cars.
MODE OF AWARENESS
TABLE NO:2
Mode No of respondents PercentageMagazines 11 11News papers 23 23Tv ads 19 19Friends 47 47Any others 0 0Total 100 100
11%
23%
19%
47%
Magazines
New spapers
Television ads
Friends
Interpretation
This shows that the mode of awareness is mainly due to the friends circle and then we see through Television, newspapers and magazines.
SPECIAL FEATURES THAT ATTRACTED A BUYER
TABLE NO :3
Particulars No of respondents PercentageBrand 29 29Price 41 41Promotions 8 8Services 22 22Total 100 100
29
41
8
22
29
41
8
22
0
5
10
15
20
25
30
35
40
45
Brand Price Promotions Service
Interpretation
41% of the respondents preferred price while purchasing a vehicle and 29% of respondents preferred Brand.
FEATURES PREFFERED BEFORE BUYING CAR
TABLE :4
Particulars No of respondents PercentagePower 9 9
Fuel efficiency 53 53Safety 22 22
Style 16 16Total 100 100
Interpretation:53% of the respondents preferred fuel efficiency as feature before buying a car. Safety and style is considered secondary when compared to the fuel efficiency.
FEEL WHILE DRIVING MARUTI
TABLE NO:5
Particulars No.of Respondents percentageMore comfortable 20 20Comfortable 68 68Less comfortable 11 11Un comfortable 1 1Total 100 100
9%
53%
22%
16%Power
Fuel Efficiency
Safety
Style
20
68
11
10
10
20
30
40
50
60
70
Morecomfortable
Comfortable Lesscomfortable
Uncomfortable
No.of Respondents
Interpretation:68% of the respondents are felt comfortable while driving and 20% felt more comfortable.
OVER ALL PERFORMANCE OF THE CARS
TABLE NO:6
Particulars No of respondents PercentageExcellent 17 17
Good 59 59Average 24 24
Bad 0 0Worst 0 0Total 100 100
0
10
20
30
40
50
60
Excellent Good Average Bad Worst
NO.OF RESPONDENTS
NO.OF RESPONDENTS
Interpretation: 59% of respondents are good and 17% Are respondents excellent in overall performance.
COST OF CAR WITH OTHER SEGMENT CARS TABLE NO. 7
Particulars No. of Respondents PercentageExpensive 4 4Moderate 43 43Economical 53 53Total 100 100
cost of car with other segment cars
Expensive 4%
Moderate 43%Economical 53%
Expensive
Moderate
Economical
Interpretation:
53% of the respondents rated maruti cars are the economical cars, and 43% rated the cost of the as moderate when compared to other segment cars
RANK FOR THE MILEAGE TABLE NO. 8
Particulars No. of Respondents PercentageVery good 20 20Good 54 54Average 26 26Bad 0 0worst 0 0Total 100 100
rank for the mileage
0
10
20
30
40
50
60
Very good Good Average Bad worst
Very good Good Average Bad worst
Interpretation:54% of the respondents ranked the mileage of the maruti cars are good. and 26% rated as average.
INFORMATION ABOUT SERVICE OFFERED BY COMPANY TIME TO TIME
TABLE NO. 9
Particulars No. of Respondents PercentageYes 85 85No 15 15Total 100 100
No. Of Respondents
Yes 85%
No 15%
Yes No
Interpretation:
85% of the respondents were aware of the free service provided of the company.
ASE THE NUMBER OF SERVICES OFFERED BY THE COMPANY
TABLE NO. 10
Particulars No. of Respondents PercentageYes 80 80No 6 6Can’t say 14 14Total 100 100
No. of Respondents
80%
6%
14%
Yes No Can’t say
Interpretation:
80% of the respondents were desirous to increase the free services offered by the company
TOOL SUITABLE FOR PROMOTION
TABLE NO. 11
Particulars No. of Respondents PercentageAdvertising 45 45Sales promotion tool 41 41Personal selling 12 12Any other 2 2Total 100 100
No. of Respondents
05
101520253035404550
Advertising Salespromotion
tool
Personalselling
Any other
Advertising
Sales promotion tool
Personal selling
Any other
Interpretation: 45% of the respondents are satisfied with Advertising , 42% for sales promotion tool, 13% for personal selling &Any other promote Maruti cars
MAN FOR DECISION MAKER TABLE NO. 12
Particulars No. of Respondents PercentageFather 53 53Mother 31 31Son 14 14Daughter 2 2
Total 100 100
0
10
20
30
40
50
60
Father Mother Son Daughter
No. of Respondents
Father
Mother
Son
Daughter
Interpretation: Father is the main influence for decision maker to purchase a car.
PERSONS ATTITUDE TOWARDS DEALERS SALE
TABLE NO. 13
Particulars No. of Respondents PercentagePolite 36 36Kind and soft 30 30Knowledgeable 19 19Excellent support 15 15Total 100 100
No. of Respondents
36%
30%
19%
15%
Polite
Kind and soft
Knowledgeable
Excellent support
Interpretation:
Most of the respondent’s attitude towards dealer’s sales is to be polite and kind and soft.
CHAPTER 6
FINDINGS&
SUGGESTIONS
FINDINGS
The sales consultants were polite and courteous with the
customers, and answer all the queries.
Information regarding price list etc is readily available at
the showroom.
Majority of customers says that the sales consultants are
knowledgeable and they able to answers the queries.
As above mentioned 96% of the customers says that they get
there vehicles at clean & good conditions.
Over all 64% of the customers have received the letter of
thanks from this dealer.
The majority of the customers experience regarding dealer
was good & excellent.
Majority of the customers would like to recommend Maruti
varun dealer definitely to there friends & associates.
Customers who had purchased vehicles from this dealer
would like to visit the same showroom in case of
purchasing another Maruti car.
Almost every customer felt that they gain some advantage
in buying the vehicle from Marutisuzuki agencies.
Majority of the customers are highly satisfy with overall
performance of cars & still minor changes can be brought
in the car.
The customers are satisfied with the available colors.
Most of the customers are satisfied with the prices charged
by Maruti Suzuki varun Pvt Ltd agency.
Customer’s satisfaction towards organisation is to build
long term relation & strong value in them. The organisation
has been successful in satisfying individual needs of
customers.
RECOMMENDATIONS
The company should work towards building customers
lifetime value enhances customer relationship.
Placing knowledge and technical sales people who are able
to provide complete information to the customers their
enquiry would be of greater advantage to the company.
The firm should work towards proper value delivery
network where customers get value for his product.
Attention should be paid on addressing all the small and
minute problems and queries in the customer care division.
Customers feel that the customer care division should
involve more “Personnel and Human touch”
Sunday car servicing would be an added advantage to
official people and it will be very convenient for every
customer.
The firm should work towards bridging the gap
between the customer’s expectations before
purchase and customers satisfaction after the usage of the
product.
CHAPTER 7CONCLUSION
CONCLUSION
Based on study conducted on customer
satisfaction it has been concluded that in order to improve the
satisfaction level, a company has to come up with different
models and creative technique. Hence, it has been further
concluded that to satisfy customer dealers plays a vital role in
providing accurate services by reaching there expectations and
by maintaining good relations with the customer which satisfies
there needs and wants.
QUESTIONNAIRE
MITHRA AGENCY
NAME:-…………………………………..
ADDRESS:-……………………………..
PHONE:-……………... e-mail……………………….
(1) Which model maruti car do you own...................?
(2) How did you to come to know about maruti cars?
( ) magazines ( ) newspapers
( ) TV ads ( ) friends ( ) any others
(3) What attracted/prompted you to buy maruti among
all other
Brand’s? Please rank…
( ) brand ( ) price
( ) promotion ( ) services
(4) What features attracts you to buy the car you owning?
( ) power ( ) fuel efficiency
( ) safety ( ) style
(5) How do you feel when you drive maruti cars?
( ) more comfortable ( ) comfortable ( ) less comfortable ( ) uncomfortable
(6)How do you rate the overall performance of the car compared
to others?
( ) excellent ( ) good ( ) average
( ) bad ( ) worst
(7) How do you rate the cost of the car when compared to other
Segment of cars?
( ) expensive ( ) moderate ( ) economical
(8) Please rank the mileage of the car when compared to other Segment cars?
( ) very good ( ) good ( ) average
( ) bad ( ) very bad
(9) Do you get information about the free service offered by the
Company? From time to time?
( ) yes ( ) no
(10) Do you think the company should increase free servicing?
( ) yes ( ) no ( ) can’t say
(11) Which tool do you think will be most suitable for Promotion?
( ) advertising ( ) sales promotion tool
( ) personal selling ( ) any others
(12) Who is the main influence and decision maker?
( ) father ( ) mother
( ) son ( ) daughter
(13) How do you rate the dealer’s sale person’s attitude?
( ) polite ( ) kind and soft
( ) knowledgeable ( ) excellent support
(14) Any suggestions to improve companies’ image
…..………………………………………………………………………….. ……………………………………………………………………………….
BIBLIOGRAPHY
BIBLIOGRAPHY
TEXT BOOKS
1. Kotler & Armstrong, 2006, Principles of marketing (15th edition)
Prentice hall of India
2. David j. Luck & Ronald S. Rubin, 2002, marketing research
(9th edition) Prentice hall of India
3. S.L.Gupta, 2002, Cases & Problems in marketing research (1st
edition) Himalaya publishing house
WEBSITES
www.researchmarkets.com
www.carwale.com www.maruti.com
www.india.maruti.com www.indiacar.com
www.marutisuzuki.com www.marutiudyog.com