Professional Documents
Culture Documents
Full Project
Full Project
Summer training at any business organization makes the students more practical and
habitual to analyze the situation in more crucial a refined way, which ultimately
contributes a later stage of practice. It also helps in filling up the gap between theoretical
and practical experience. The business winner will be those organizations that size and
The Objective of this project is to find out the awareness of individual towards the
automobiles. And other most important objective of this project to know about “customer
During preparing this project we meet many investors who have decided to buy a car. We
use some source of information to prepare this project. We prepare this project on behalf
of “RKBK Pvt.Ltd.”. Hence this framework is derived from the practice adopted by the
We are serving the following pages that will endow the reader with insight in to the
Indian automobiles sector from the corporate view- point. This study has been very useful
1
ACKNOWLEDGEMENT
First of all, I would like to pay my heartiest thanks to entire family of Maruti
Training and provided their valuable suggestions in understanding the work of Research
Project.
Last but not the least, I would like to thanks all faculty members, sbs, lucknow, who
gave me the useful tips and suggestions regarding project. I would like to thanks
SUDHEER GOSWAMI
2
DECLARATION
I hereby declare that I have carried out Summer Training Project on the topic
entitled “Customer Profiling & Purchase Parameters” at RKBK Auto Mobiles Pvt. Ltd.
I further declare that this project work is based on my original work and no part of
SUDHEER GOSWAMI
3
INDEX
Page no.
Executive summary 01
Performance 29-41
Product/services 42-82
Objective 84
Findings 112
4
Conclusion 113
Suggestion/Recommendation 114-115
Limitations 116
Annexure 117-120
Bibliography 121-123
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BRIEF HISTORY OF ORGANISATION
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. Suzuki Motor Company was chosen from seven
prospective partners worldwide. This was not only due 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:
conserve scarce resources, Production of large number of motor vehicles which was
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The Revolution
then Prime Minister of India, Mrs. Indira Gandhi, handed over the keys of the first car to
Mr. Harpal Singh of Delhi. Volume targets were routinely exceeded, and in March 1994,
it became the first Indian company to produce over one million vehicles, a landmark yet
to be achieved by any other car company in India. Maruti is the highest volume car
manufacturer in Asia, outside Japan and Korea, having produced over 3.5 million
vehicles by December 2001. Maruti is one of the most successful automobile joint
ventures, and has made profits every year since inception till 2000-01. In 2000-01,
depreciation on new model launches resulted in a book loss. We are again on track for
profits in 2001-02, with a profit of Rs 300 million in the first half. In this period, sales
were increased by 5.3%, against an industry decline of 6.1 %. We revolutionized the wav
Indians looked at cars. "No other car company so completely dominates its home market"
- (The Economist). Despite there being 11 companies now in the passenger car market,
Maruti holds about 60 % of the total market share. MUL is also the first and only car
company in the world to lead its home market in terms of both market share and in the JD
Power Customer Satisfaction study (JD Power Asia Pacific 2000 India Customer
Satisfaction studies).
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Transfer of Technology
Every minute two vehicles roll out of the Maruti Plant. It is therefore imperative that the
transfer of contemporary technology from our partner Suzuki is a smooth process. Great
stress is laid on training and motivating the people who maintain the equipment, since the
best equipment alone cannot guarantee high quality and productivity. From the beginning
it was a conscious decision to send people to Suzuki Motor Corporation for on-the-job
training for line technicians, supervisors and engineers. This helps them to imbibe the
culture in a way that merely transferring technology through documents can never
Our Ethos
Our employees are our greatest strength and asset. It is this underlying philosophy that
has molded our workforce into a team with common goals and objectives. Our
office culture for easy accessibility to implement this philosophy. We have taken several
measures like a flat organizational structure i.e. there are only three levels of
Heads. Other visible features of this philosophy are common uniforms (at all levels), and
a common canteen for all. This structure ensures better communication and speedy
decision making processes. It also creates an environment that builds trust, transparency
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Maruti eyes Global Pie, to be R&D Hub for Suzuki
New Delhi: With the enhanced backing of Suzuki, Maruti Udyog is gearing up to become
a global scale player and will be a R&D centre for Suzuki cars outside Japan. Becoming a
global player is the resurgent theme of Maruti's future strategy in the post-privatization
In terms of manufacturing processes or quality systems or even R&D, the flavor is global.
Clearly, the company wants to build on its leadership in the domestic market and make a
After sharp gains in productivity and quality in the past two years, the company wants to
further improve its operating efficiencies by cutting costs by 30% and enhancing
productivity by 50% and align itself with Suzuki's Kosai plant in Japan by year '04-05.
On the quality front, while Maruti was amongst the first automobile manufacturers in the
world to receive the ISO 9001:2000 certification, it wants to go further and adopt
But the biggest shift is in the area of R&D. Although Maruti has gained from its expertise
in localization of components, it now wants to take R&D to another plane where it can
In fact, it has recently acquired the capability to conduct minor and major face lifts to its
investment on models, Maruti may outsource dye from other than Japan, such as Taiwan,
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Maruti's initiatives are based also on its recent success in the export market. It sold nearly
24,000 units of the Alto in Europe last fiscal and its overall exports were up by a
Its global ambitions are also now nurtured by the backing of Suzuki Motor
Corporation. The prospectus makes this point by Sayin2 that as a subsidiary of Suzuki,
Maruti has "access to globally respected technology in the small car segment.”
Even while maintaining the overall global theme, Maruti wants to leverage its local
advantage. Its promise of providing customers a "wide range of Maruti branded services
at different stages of ownership" is at par with other global manufacturers. It lays great
emphasis on these Maruti branded services like insurance, finance and pre-owned cars,
and believes that this "360 degree customer experience" will secure repeat purchase and
increase revenue of the sales network. In supply chain initiatives as well, Maruti's
reference is to the world wide purchase system fostered by General Motors. Through this,
it could make a select few of its vendors the sole suppliers for Suzuki products in several
countries.
From a loss of Rs 269 crore in 2000-01, after being written off by many analysts, Maruti
has bounced back: its 800 model is as popular as ever, new launches are picking up.
transformation. Excerpts: Maruti's turn around: To understand Maruti today, you need to
go back to 1993 when liberalization took place and foreign manufacturers were allowed
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to come.
Maruti should have taken proactive measures then. But between 1995 and 1998 our
Decisions that should have been taken in the mid-90s to prepare for competition got
delayed.
In June 1998, we decided to increase our capacity by one lakh vehicles and to introduce
four or five new models, which arrived a year and a half after our competitors', who
gained from this. Two, investments that should have been done over five years were done
in 24 months in a hurry to launch new models. So, localization was low, the yen was
strong, prices were market-determined, depreciation increased, and we ran into losses.
But internally, it was a very good wake up call, which did a lot of good to us. We brought
So even when everyone thought we were in trouble, we were confident that we'd bounce
back. Our market share went down to 61%, but we've now stabilized around 58-59%. We
took off a bit late, had lot of catching up to do, which we've done.
Role of M800: People say 800 is old and so on. But go on the road and see someone on a
bothered about power windows and steering, or does he wish to be in a car and be
comfortable?
Today we're selling air-conditioned 800s at Rs 2.2 lakh. Many people buying AC 800s
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may not have an AC at home. So, look at the tremendous role it is playing.
India's car penetration is six per 1,000; Pakistan and Sri Lanka are at 12. Thailand is at
200, Japan and America are over 500-600. What I'm saying is that there's still a huge gap.
If our motorization has to increase, we can't do that by selling expensive cars. We need to
make cars more affordable. Therefore, a narrower gap between two-wheelers and entry-
level cars is what's required. It should also have good performance, no compromise on
quality, fuel-efficient and low on maintenance. The 800 fits the bill.
The Alto can't replace the 800 today because the volume and price at which 800 is
selling, we can't sell Alto at that. Yes, once we get costs under control, we'll position the
Alto between segments A and B. We'd like to have a car from the entry level to Rs 3-3.5
Success of new models: Historically, Maruti's new models never start with a bang. I
joined Maruti in 1993 when Zen was introduced and we found it hard to sell initially. We
had to reduce our production plan drastically, but then after a year or two it caught on.
So, initially there's skepticism, then some people buy and share their experience.
About 60-70% of our sales take place by referral. I'm not saying marketing is
unimportant, but there's nothing more effective than a present owner giving a good chit to
prospective buyer. We're seeing the same effect with Wagon R, which is doing really
well now.
Versa is slightly different. When we decided on Versa, in 1998, the government had
announced that in April 2002 the administered price mechanism (APM) for oil would be
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abolished. The gap between petrol and diesel prices would have then been negligible.
Now there is no hell of a chance of anyone buying a petrol version when a diesel
alternative is available for the same purpose. For the Versa we've carried out a lot of
localization, the pricing has been reworked and things are looking up. But some amount
Those who bought the Baleno are very happy. Also, view it from our perspective.
So it made no sense to just gain numbers. Now some localization has taken place and the
The Vitara is different, it's not manufactured here. We'll import what is required.
Anyway, our core competence and focus would be the small car because that is what the
county needs and that is where the volumes are. Let us look at it in another way. There
are only four major players in the small car segment - Telco, Fiat, Hyundai and Maruti
and 80 % of the market is the small car segment. In the remaining market, there are a
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Duties and Responsibilities of the Staff in RKBK.
The duties and responsibilities of the staff of the dealer RKBK Automobiles ltd is
To provide all the facilities and services to the customers which are given by
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True Value
Maruti Trye Value is India No.1 organised pre-owned car brand. True Value
Ltd”.
Unique advantages
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Maruti True Value business expands the family of Maruti customers,
cycle.
No one know your Maruti car better than Maruti- based on this premise,
Maruti chanalises its expertise to ensure that transactions in pre owned cars
are transparend and fair. Through that, the company endeavors to extend the
True Value has transparend and fair evaluation process, which is currently
missing in the largely unorganized market for pre-owned cars. Maruti true
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Value processes and systems ensure that the seller gets the right price and is
paid promptly.
Under True Value, the seller has option to be paid in cash, or get a True
Value category cars bought by Maruti True Value dealers are taken to state-
True value category cars are refurbished in state of art workshops using
Maruti Genuine Parts and by skilled technicians. These cars are then sold
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Maruti Engineers and the car carries a one- year warranty and three free
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Maruti’s ‘True Value’ for used cars
AFTER launching its fleet management service under the Umbrella brand ‘Project
Vistaar’, Maruti Udyog Ltd (MUL) is now rolling out its used- car business countryide in
a phased manner.
The pre-owned cars business is being introduced under the sub-brand name’Maruti True
Value’ and is aimed at catering to customers who are both first-time car buyer and those
who are looking to upgrade themselves to a passenger car in a higher segment. MUL is
also hoping to retain its customer by offering a range of cars, resale and financing options
The launch of new service, for which MUL has tied –up with a select set of dealers, will
begin in Maruti True Value outlets in Banalore on Oct 19 and later, in Delhi from Oct 22
onwards. It will then be extended to the rest of the country, company sources said.
Under the Maruti True Value service, Maruti cars which are less than four years old or
ones which have done up to 60,000 km and have not changed two previous ownerships
Then, designated engineers from Maruti who will be present at the True
Value outlets will conduct a standard 120- point check of the vehicle brought to the
outlet. The documents of the seller will also be checked for any irregularities. MUL has
trained it’s staff at the select dealer outlets to handle its pre –owned cars business.
The engineers at the True value counter are expected to adopt a transparent and fair
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evolution process to ensure that the seller gets the right price. The outlet will also offer
finance options to the customers, to enable the second -hand car seller to purchase a new
Consequently, the seller will have the option to be paid in cash, or get another True Value
After this, the purchased used car is readied for refurbishment. Using Maruti
Genuine parts, techniciana at the True Value outlet will refurbish the car, which will then
For the buyer of a second hand car, MUL is going a step further in offering a one- year
warranty and three free services along with the refurbished car. Again ,Finance options
are begin offered for the True Value car, which will be certified by the company after
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Maruti's True Value on Growth Scale
02 December, 2008
Maruti Suzuki has recorded a growth in its used car business inspite of
slowdown in the car market. The company denies the impact of low-cost
cars like Tata Nano on its True Value and expects a growth by 30%.
Ravi Bhatia, Chief General Sales Manager, Maruti Suzuki stated, “The low
priced cars like Nano will not have any impact on used cars business since
there is an altogether different set of buyers vying for this segment. Unlike
the Rs 1 Lakh priced cars, used ones are available for Rs 60,000-Rs 80,000
and usually two-wheeler owners looking for upgrading their status go for
used cars.”
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According to Bhatia, Maruti holds majority of the shares in the robust used
car market in India. He also states that business with True Value is quite
Recently, Maruti has made a new offering to India with the launch of Maruti
Suzuki A-star in the A2 segment, a car that is targeted towards urban young
consumers.
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VISSION & MISSION
Our Vision:
Mission
(i) Provide superior products and services to our customers and maintain
market leadership.
(ii) Evolve as an institution that serves the best interest of all stakeholders.
(iv) Ensures the highest standards of ethics and integrity in all our action.
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PERFORMANCE
In more ways than one, the year 2004-05 was a watershed year for Maruti Udyog Limited
(MUL). The company has consolidated and initiated a new growth momentum. There
First, driven by renewed vigor and aggression in the market, Maruti recorded its highest ever
sales of over 4.72 lack vehicles in the domestic & export markets which resulted in gross sales
revenue of Rs.112,840 million — a growth of 25.8 per cent over 2003-04. It is the highest
Second, this high sales growth, coupled with significant improvements in operational
efficiencies, has translated into much higher returns on investment. Earnings per share (EPS)
Third, the Government of India divested a majority of its shares through an initial public
offer(IPO) and made way for greater participation from you — the shareholders – in the
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In a nutshell, therefore, 2004-05 marks the beginning of a new journey for your
company, as it restructured itself in the face of stiff competition and entered a new high
growth phase.
The sharp revival in the Indian economy — from 4 per cent GDP growth in 2003-04 to 8.2
per cent in 2004-05 — has definitely assisted your company in increasing revenue. This
is the highest GDP increase recorded by India since the advent of economic liberalization,
economies of the world .This has considerably increased per capita disposable income
which, coupled with much easier availability of significantly cheaper consumer finance,
Historically, the fortunes of automobile industries across the globe are strongly
correlated with macro-economic parameters and the performance of the industrial sector.
Chart A plots growth in GDP, industry, passenger vehicle (PV) sales volumes and total
automobile sales volumes – and emphasizes this correlation. In 2004-05, the Indian
passenger car and multi-utility vehicles market finally reached efficient scales of nearly
sales, it was not a totally smooth drive for the Indian automobile industry. An increase
in the number of players and models has resulted in fierce competition — driving down
prices across all segments. The industry also witnessed significant rise in prices of key
raw materials like steel, rubber and plastics. Thus, profit margins were under pressure.
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Maruti has always believed in size and spread. When the Indian automobile industry was
reconciled to around 40,000 cars in early 1980’s, MUL was the first company that aspired
to sell 100,000 cars a year. The aspiration of being the market leader with high sales
volume continues to be intrinsic to your company’s philosophy. This belief has held the
company in good stead during 2004-05 — where the strategy of pushing volume growth
resulted in higher margins due to the positive effects of better capacity utilization.
Improved operational efficiencies, which are largely due to the transfer of technology,
Suzuki Motor Corporation (SMC) — has also contributed to the improved returns on
investments. In 2004-05, the company has had record growth in bottom-line and return
Net profit margin (PAT/total income) increased from 2 per cent in 2003-04 to 5.6 per cent
in 2004-05.
Return on average capital employed (ROCE) increased from 9.9 per cent in 2003-04 to 22.3
Return on average net worth (RONW) increased from 5.2 per cent in 2003-04 to 16.5 per cent
in 2004-05.
Earnings per share (EPS) increased from Rs.5.14 in 2003-04 to Rs.18.77 in 2004-05, while
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MUL also witnessed a key structural change during 2004-05. The company was originally
set up as a joint venture between the Government of India (GOI) and SMC to provide the
average Indian with a reliable and affordable car. Today, 20 years hence, MUL has come a
long way from charting the initial growth of the Indian automobile industry to becoming
-which has also promoted overall industrial growth through its linkages with vendors.
GOI played a key role in supporting Maruti’s growth. In 2004-05, GOI divested a bulk of
GOI offered 72,243,300 equity shares, which is 25 per cent of the company’s share
capital, for sale to the public through the book-building route. Even in a somewhat
bearish stock market, the issue was fully subscribed within three hours of its opening. In
fact, it was over subscribed nearly 10 times at the floor price. Encouraged by the
additional 10 per cent of the issue size (equivalent to 7,224,300 equity shares).
Thus, MUL is now a listed company in Indian stock exchanges (Bombay Stock Exchange &
National Stock Exchange) with Suzuki Motor Corporation having 54.2 per cent share
ownership. Today, GOI owns 18.3 per cent of MUL’s ordinary shares, while 27.5 per cent is
in public hands.
MUL is a company which is constantly reinventing itself in a sector that is on the move. In
the course of the following sections, we shall discuss markets, operations and financials
of Maruti during 2004-05, and analyze the rapid external and internal transformations in
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its business. All data pertaining to markets is based on figures released by Society of
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INTRODUCTION
Buying Behavior is the decision processes and acts of people involved in buying and
using products.
Need to understand:
Consumer Buying Behavior refers to the buying behavior of the ultimate consumer. A
Buyers' reactions to a firms marketing strategy has a great impact on the firm's
success.
The marketing concept stresses that a firm should create a marketing mix(MM)
that satisfies (gives utility to) customers, therefore need to analyze the what,
Marketers can better predict how consumers will respond to marketing strategies.
Six Stages to the Consumer Buying Decision Process (For complex decisions). Actual
purchasing is only one stage of the process. Not all decision processes lead to a purchase.
All consumer decisions do not always include all 6 stages, determined by the de2ree of
complexity...discussed next.
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The 6 stages are:
marketer through product information— i.e, see a commercial for a new pair of shoes,
2. Information search-
External search if you need more information. Friends and relatives (word of
3. Evaluation of Alternatives you need to establish criteria for evaluation features the
buyer wants or does not want. Rank/weight alternatives or resume search. May decide
that you want to eat something spicy. If not satisfied with your choices then return to
the search phase. Can you think of another alternative? Look in the yellow pages etc.
method of purchase etc. Purchase May differs from decision, time lapse between 4 & 5,
product availability.
Dissonance, have you made the right decision. This can be reduced by warranties,
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after sales communication etc.
information about a certain products and brands but virtually ignores others.
others, and the higher the risk the higher the involvement. Types of risk:
Personal risk
Social risk
Economic risk
purchased low cost items; need very little search and decision effort; purchased
almost automatically. Examples include soft drinks, snack foods, milk etc.
Limited Decision Making buying product occasionally. When you need to obtain
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economic/performance/psychological risk. Examples include cars, homes,
Information from the companies MM; friends and relatives, store personnel etc.
In order to produce successful ads, you must give people exactly what they want.
This article will teach you why people buy the things they do so you can design
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MODEL OF BUYING BEHAVIOR
Marketing
Stimuli
Product
Price
Place
Promotion
Other Stimuli
Economy
Political
Cultural
Technological
MARUTI 800
ECONOMY
Great technology enables the Maruti 800 to deliver great fuel efficiency. The Maruti 800
has topped every fuel efficiency survey that has been conducted in the past. The Maruti
800 has the lowest fuel cost per kilometer of any petrol car in the country with a cost of
Rs1.94 per kilometer.This confirms the position of the Maruti 800 as the most fuel
efficient petrol car in the country and Maruti also launched their LPG model which is
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MARUTI OMNI
This car position itself in the mind of consumer as a family car. The punch line of the car
Features are:
MPFI Engine
The multi-point fuel injected engine helps to lower emissions and achieve greater fuel
efficiency.
With 37 bhp @ 5000 rpm, you have greater pulling power. A torque of 6.32 kgm @ 3000
rpm ensures better climbing power and lesser gear changes. In other words, less fatigue.
The MPFI engine also meets all the stringent Euro II emission norms
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SPACE
Stretch out. Open up. Enjoy the luxury of space inside the Omni. The ample headroom
and legroom make long rides comfortable and enjoyable. Reclining front seats with
adjustable head restraints let you relax completely. With its ample luggage space, the
Omni is equipped for anything. Pack in your family, your group of friends, your luggage,
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MARUTI ALTO
Features are:
MPFI ENGINE
Plenty of power, great mileage and low emission make the Alto the perfect choice for
Indian roads. The fuel efficiency of the Alto is better than any other vehicles in its class.
The 16x4 hypertech MPFI engine delivers unadulterated power, begging for fun. The 4-
valves per cylinder MPFI engine mated with a 5-speed gearshift and a 16-bit on-board
computer allows the Alto to effectively combine power with optimal fuel efficiency
RELIABILITY
Here's another first by ALTO, which has been setting records since its introduction in
India!
Alto becomes the first Indian car to undergo a 24 hours endurance test and sets 13
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Wagon R
COMFORT
The smarter race knows exactly how to take the stress out of driving and push driving
comfort to the max. Full flat folding front seats and reclining rear seats allow you to
stretch yourself during long drives. This ensures that you travel in maximum comfort as
The McPherson strut suspension in the front and coil springs at the rear ensures a smooth
comfortable drive. It's not just comfort; Wagon R also has a 1061cc MPFI low friction
engine
SPACE
Nothing cramps the style of the smarter race. That’s why it prefers the Wagon R. Tall
body, high seats and wide opening doors make it easy to get in and get out. Seven cm
taller than the Santro, the Wagon R offers more headroom, amazing spaciousness and
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a commanding driving position. The split rear seating arrangement along with fully
reclining front and the reclining rear seats gives a first class airline seating
comfort.
The Wagon R comes with an extra large boot space, which is possible because of its
unique design that maximizes space on a compact platform. Caution, safety and
protection are integral to a smarter mindset. And the Wagon R is designed to satisfy
Dual side-impact beams in the front and rear doors protect you from lateral collisions.
A long crumple zone shields you in the unlikely event of a frontal collision.
A Roll Control device in the front suspension imparts greater stability and helps the
Wagon R to negotiate sharp curves at high speeds. The 8 inch booster-assisted brakes
equip you well to handle any emergency High seating position gives you a bigger
field of view, allowing you to better anticipate traffic problems before they occur.
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MARUTI VERSA
The Versa is one of the safest cars on the road. It has safety features to guard your
loved ones from road disasters. Side impact absorbing beams in all 4 doors protect the
passengers from side crashes. Front impact beams between the front pillars and the
A steel pipe frame in the rear seat safeguards your family from rear impacts.ELR seat
belts allow free movement, but hold you securely during sudden stoppages. Height
adjustable head restraints, brake boosters and a collapsible steering column further
ensure your safety. When you step out of the house and into your Versa, rest assured
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Versa's the ideal car for long journeys. Now stretch your legs on those long rides. All
seats* have recliners. In SDX, the 2nd row bucket seats can be slid forward or
The high seat position makes it easy to get in and out and gives superior road
visibility. The front row seats have thick insulation between seat and the engine. Two
layers of PUF and aluminium sheets act as a buffer, protecting the driver from engine
heat. The rear seat also has a steel pipe frame for protection in the event of a rear
impact.
* Except for the folding seat in 2nd row (DX, DX2) and last row seats.
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MARUTI GYPSY
Gypsy Advantage
HILLS
SNOW
The Engine that’s high on thermal conductivity, and heats up quickly even under
extremely cold conditions. Thus, there are no starting problems even in the midst
of snow.
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1300 cc petrol engine — lighter than a diesel engine, resulting in a higher power
to weight ratio. This ensures better control, more power and greater
responsiveness.
DESERT
The Engine avoids overheating because its high thermal conductivity enables it to
STREAMS
4-Wheel drive for better control and more power at the wheel.
DIRT TRACKS
DIRT TRACKS
Steering Damper ensures that shocks encountered from bumps and potholes are
not passed on to the steering wheel. Thus, any loss of control owing to unexpected
obstacles is avoided.
The Gypsy is a lighter vehicle weighing in at 1020 kg (hard top) and 985 kg (soft
top). This is a major advantage on sandy or muddy tracts — a heavier vehicle will
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SWIFT
The time has come for a new kind of compact car, one that's based on a fresh approach to
design and development, delivers the kind of driver and passenger experience that places
The time has come for the Maruti Suzuki Swift. The Swift is more eye-catching, more
spacious, more refined, more user-friendly, and a whole lot more enjoyable to drive than
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SWIFT DZIRE
The new Swift DZire joined the Swift and SX4 in Suzuki's Indian lineup and is intended
to "redefine the market and stir excitement in the entry level sedan segment". It's a good
news for the consumers because Swift DZire, which comes both in diesel and petrol
engines, offers luxury feature options including integrated stereo, steering mounted audio
controls, automatic climate control and power windows as well. Not only this but, it is
also equipped with latests safety features like Dual Airbags, ABS with EDB, collapsible
steering column and an i-CATS anti-theft facility. It's true to say that many of these
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features are being offered for the first time in this segment in contemporary car market in
India.
LXI LDI
VXI VDI
ZXI ZDI
RANGE OF COLOURS
There is a wide range of colors for the customers. The newly Swift DZire is offered in
seven colours:
Arctic White
Silky Silver
Clear Beige
Midnight Black
Bright Red
Azure Gray
Sovereign Blue
Features
Launched as a replacement of the earlier mid size sedan Maruti Esteem, the Swift DZire
is sophisticated in look and features. There is a long list of features of Swift DZire which
includes:
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INTERIORS
Swift DZire is equipped with a classy dashboard integrated audio system with remote
Whenever you need to choose you temperature, just choose the temperature you desire
and the on-board computers is there to auto-adjust to the weather outside, maintaining
EXTERIORS
There is a chiseled shoulder line to complement muscular flared wheel arches and sills.
Rich chrome styling for an imposing grille and an impressive rear is also there now.
Powerful clear lens headlamps for superior night visibility is and additional benefit for
you.
Headlight leveling allows you perfect light beam adjustment while driving.
A high mounted stop lamp and a rear bumper-integrated fog lamp give clear signals to
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Indulge your desire of complete comfort:
All around power windows for improved convenience to the drivers is there now.
Sounds absorbing materials and vibration dampers for a smooth and pleasurable drive.
Now, there is height adjustable drivers seat for personalized driving position.
A tilt adjustable steering column lets you to set it just right for your height, so you enjoy
a comfortable drive and enjoy the ride even for long distance.
Improved comfort in the back row for those who don't drive but enjoy the ride.
Variants
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MARUTI SX4
Maruti Suzuki India Ltd.. is out with it's cutting edge new model, Maruti Suzuki SX4, a
joint venture made by two of automobile czars, Suzuki and Maruti. The model closely
follows the Swift platform, therefore, it is easily available with exclusive features which
makes it all the more desirable among car connoisseurs. A mini SUV (sport utility
vehicles) style, SX4 is almost like a car in it's construction & comfort context.
The model is found in two- and four- wheel drive. With two variants, the model is all set
to conquer the Indian auto biz market. These are commonly referred as the "Urban Line"
& the "Outdoor Line", where the latter is more like an SUV in appearance compared to
the first one. The car is expected to have 1590cc petrol engine making it capable enough
50
OTHER FEATURES
Maruti Suzuki SX4 is assorted with elegant features which makes the model worth
ABS
EBD
Force limiters
Car immobilizer
2WD
Colors for Maruti Suzuki SX4 are quite unique & contemporary in nature.
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GRAND VITARA
Grand vitara is anew segment entered by maruti. Initially they are just in traditional cars
business Grand vitara is a SUV (sports utility vehicle) with a powerful engine of 2600 cc.
Price charged for grand vitara is between 13.5 lakh to 16 lakh. It is of premium segment.
52
MARUTI RITZ
Maruti Ritz is the perhaps the most awaited and hyped car from Maruti Suzuki. The car
is positioned in the premium A2 market segment, which includes its compact offering
such as Alto, WagnoR, Swift, Zen and the newly-launched A-Star. Hundai has already
launched their i10 model in the Indian market. Now, it’s the turn of market leaders
maruti Suzuki to respond with a brand new vehicle for the Indian market. Engineers from
Maruti Suzuki worked at close quarters with their Japanese counterparts in the
development of the Ritz, much like that for the A-Star.MUL seems to be going the
complete distance to insure that the Ritz manages to make an impact on the cut-throat A-
53
2 hatchback space. How far the new Ritz manages to complete with its counterparts is
Ritz launched in the Indian markets on 15th May,2009, the Ritz Maruti is one
of the first BS-IV complaint cars of India. Priced at Rs 4 Lakh to Rs.5 Lakh,
the Ritz Maruti has a sporty new look with cool spacy interiors. It's true to
are being offered for the first time in this segment in contemporary car
market in India.
54
Mruti Ritz VDi
Features
Alloy wheels
Engine immobilizer(iCATS)
55
MARKETS
DOMESTIC
passenger cars. During 2004-05, the Indian passenger vehicles market finally attained
critical mass with sales volume of 900,752 units — a 27.4 per cent increase from 707,198
The passenger vehicle market is divided broadly into the following three categories:
1. Passenger cars
Within these categories, MUL’s presence in order of prominence and in volume term is in
passenger cars, MPVs or the C segment and UVs or the B segment. Chart B gives the relative
share of each segment in Maruti’s passenger vehicles sales, where passenger car sales have
PASSENGERS CAR
In volume terms, passenger car sales accounted for over 77 per cent of the Indian passenger
vehicles market and grew by 28.6 per cent from 541,491 units in 2003-04 to 696,207 units
in 2004-05. Maruti continues to be the market leader. During 2004-05, not only did
Maruti grow due to the overall market growth, but also managed to overcome intense
competition and gain market share — which increased from 50.8 per cent in 2003-04 to
56
The Indian car market is classified into six categories based on the vehicle length
A6: Luxury — 5,001 mm and above. MUL has presence in three of these categories namely A1,
A2 and A3. Chart C plots MUL’s sales volumes in these three categories for 2004-05 and
2003-04.
A1 CATEGORY: With its Maruti 800, your company is the only player in this category.
Sales volumes increased by 16.9 per cent during 2004-05. Growth in this economy
segment comes mainly from first-time buyers, and consumers buying their second car.
Penetrating this market requires greater reach in distribution, and MUL is undertaking
A2 CATEGORY: Maruti has three models in this category — Zen, Alto and Wagon R.
This is the segment where the company faced stiff competition in the last few years, and
had lost some ground due to delays in launching new models. Things have fundamentally
position in the A2 category. While the category grew by 23.4 per cent in 2004-05, MUL’s
57
sales volume grew by 46 per cent. Consequently, the company’s market share has increased
We believe that given India’s income distribution and low levels of car penetration, the
A1 and A2 segments will continue to register strong growth as the population increases its
levels of motorization. Today, India is the second largest two-wheeler market in world
with sales of around 5 million two wheelers during 2004-05. The existing stock of two
wheelers on India’s roads is over 50 million. With cheaper credit facilities, many users of
two-wheelers, especially in the higher end segment, should shift to cars in the A1
category. MUL is the dominant company in India, which has the models to tap this huge
growth opportunity. To penetrate deeper into the Indian market, MUL has tied up with the
State Bank of India (SBI) to finance cars. SBI has the widest branch network in India, and
we expect to reach parts of the rural markets hitherto uncovered by retail finance
availability.
Apart from strengthening the distribution network, key initiatives that drove this
Strengthening the brand image of the three models through advertisements and sales
promotional initiatives.
Repositioning Alto in a niche space between A1 and A2 cars. Aggressive pricing of the
Alto was supplemented by a strong ad campaign that targeted the younger generation.
These factors played a role in boosting the volume of Alto sales by over 125 per cent.
58
New variant o f the Zen was launched in the latter half of 2003, which
rejuvenated the brand in t he market. There were also signifi cant changes in
single player has major leadership position. MUL’s two models —Swift Desire& SX4—
have a combined market share of a little over 10 per cent. Maruti lost some market share as
its volume sales grew by around 30 per cent, against the overall category’s growth of 50.8
per cent. In the last quarter of 2004-05, to increase market penetration, MUL revised the
prices of SX4 downwards and launched a new version — the SX4Lxi. We have already
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MULTI-PURPOSE VEHICLES (MPVS)
In this segment, Maruti’s models include the Omni and the Versa. Here, Maruti is the
dominant player with nearly 100% market share. In 2004-05, the company’s sales
During the latter half of the year, Maruti launched an economy model of the Versa. A
new Omni variant, which runs on LPG was launched to tap newer cargo markets.
Passenger cars and MPVs are generally analyzed as a comprehensive segment. Maruti
marginally increased its share in this segment with about 55.2 per cent in volume terms
during 2004-05. Segment with a market share of only 2.5 per cent. The primary model
Launched its state-of-the-art sports utility vehicle (SUV) — the Grand Vitara.
Cu st o mer Or ie nt at io n
customer focus. Regular interface and feedback from customers is integral to the
is the top ranking given to the Wagon R in the premium compact segment, and
Esteem in the entry midsize segment, by JD Power’s survey on IQS. Table 1 gives a
snapshot of five top reasons why people buy Maruti cars as per the JD Power survey.
It is important to note that the rating, which was between 10 and 20 per cent in 2000, has
increased to above 50 per cent in 2003. Another interesting point is that while Maruti’s
60
UTIL ITY VEH I CLES ( UVS )
Diesel vehicles dominate this segment with a share of around 95 per cent. This is
mainly because vehicles in this segment are by nature heavy and diesel has a policy
determined price advantage over petrol. Since Maruti does not have a diesel vehicle
today, it remains a small player in the MUV economy factor was the most important
reason for purchase in 2000, the company’s reputation has become the leading factor
determining the customer’s purchase decision in 2003. Thus, Maruti has managed to
build a strong brand image in the last four years. MUL’s technological capabilities are
getting greater recognition as in 2003: “good technology” became one of the five
This high level of customer satisfaction and award of number 1 position in customer
satisfaction by world renowned J D Power survey for four times in a row can be translated
into sales only through a strong dealer network, which actively reaches out to potential
customers. The company has extended its dealership network to 280 sales outlets, spread
over 182 cities, and has a service network of more than 1900 workshops spread across 1000
cities. The confidence of the dealer community in Maruti is spelled out by the fact that 28
existing dealers made large investments and opened new showrooms. On the same lines,
The automobile industry has two levels of customers — the dealer and the buyer. It is
imperative to have a robust dealer network to push sales to the final customer.
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Therefore, MUL treats its dealers as its first level of customers. In the last three years,
Maruti has worked hard to revitalize and strengthen its dealership network.
Apart from having a good product, the key factor in developing a good dealer network is
to assure profits for the dealers. Maruti believes that selling a car is only the beginning of
a long-term relationship with the car buyer. During the course of a car’s life, there are
many services and products which can be offered to the customer like finance, accessories,
MUL offers its customers a suite of products through its authorized dealers, which meets
all the requirements during the life cycle of a car. This not only meets a much larger
basket of customer needs but also provides dealers with the opportunity to generate
greater profits. Other services that have been launched under new business initiatives of
and the pre owned cars business under the True Value brand name. In all these businesses,
Maruti plays the role of an aggregator and brand manager. None of the risks related to these
Most dealers have understood the importance and profitability of this new business
model and their strong motivation has resulted in record top-line growth for 2004-05.
A key initiative to promote best practices on the dealer front has been the practice of the
balanced scorecard to evaluate dealers. Those dealers who achieve or exceed a certain score
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The company acknowledges that superior customers experience is only possible if the
dealers’ employees are adequately trained. To achieve this, training is undertaken in all
We are proud to state that Maruti’s dealer’s technicians were ranked the best among Suzuki
distributors in South-East Asia; and now, an Indian team will participate in the
63
EXPORTS
2004-05 was also a landmark year for Maruti in terms of exports. The FOB value of exports
grew by 51.7 per cent from Rs.6,204 million in 200203 to Rs.9,410 million in 2004-05
— which is the highest ever in Maruti’s 17 years’ export history. It is also the first year in
which the company exported over 50,000 vehicles. It exported 51,175 units. Maruti’s
export growth has been driven primarily by 56.8 per cent increase in exports of Maruti 800,
and 60.5 per cent growth in exports of A2 category cars. Within the A2 category the YG4
(Alto) was a huge success in the European market, where 34,399 Suzuki Altos were sold
during 2004-05. The M-800 and the Zen were very well accepted in Algeria. We also
achieved substantial growth in our exports to Algeria, Belgium, Bhutan, Chile, Denmark,
Germany, Hungary, Nepal, Sri Lanka and UK. Maruti entered the Gulf market (Saudi Arabia,
Kuwait and Qatar) for the first time with the new Alto GCC specifications, specially
O P E R AT I O N S
Your company remains steadfast in its quest for achieving higher operational efficiencies.
This includes efforts at reducing costs, increasing productivity and maintaining delivery
schedules.
An example of Maruti’s strength in operations is its capability to roll out two vehicles
every minute from its shop floor. It is on the foundation of such strong operations that
64
In times of unfavorable market conditions, our operational efficiencies have helped us
remain competitive. Today, as markets have turned upbeat, we have leveraged this
strength to seize opportunities and ensure that profits outpace top-line growth.
PRODUCTION
Spread over 297 acres, Maruti has three fully integrated production facilities with a
combined capability of 500,000 units per annum. Chart D shows the category-wise
production of vehicles in 2003-04 and 2004-05. Production increased across all categories
of passenger cars — the A1 category grew by 20.4 per cent, A2 grew by 47.7 per cent and
A3 grew by 33.8 per cent. Total vehicle production increased by 31.4 per cent from
Two years ago, in the backdrop of fierce competition, your company had initiated a
program called ‘Challenge 50 — go fast, high quality’ across its production facilities.
The principal philosophy behind this program is to raise our productivity levels by 50
per cent in three years through Kaizen and continuous performance benchmarking. 2004-
05 is the last year of this program. As shown in Chart E, this program has already yielded
impressive operational gains for the company. A critical parameter that measures
producing one vehicle. This has improved by around 54 per cent in the last three years. In
addition, there has been a considerable reduction in inventory holding period, which
65
SUPPLIER MANAGEMENT
In an industry like automobiles, where large part of its components are outsourced, vendor
management becomes a critical operation. This has always been a key focus area for your
company. When MUL started its operations in India, auto-component suppliers were
almost non-existent. Thus, one of the immediate goals was to develop and establish a
competent vendor base. This involved providing capital, transplanting technology, and
Today, this situation has changed. The Indian auto-component industry is increasingly
finding global recognition for its production capabilities and low costs. This has
considerably eased pressure on the vendor development front. Nevertheless, given the
severe competitive pressures over the last few years, vendor management has become
critical to the business. Some of the operational issues in this regard are discussed below.
220 at the end of 2004-05. This has helped us enhance supply chain efficiencies by lowering the
time and costs involved in dealing with more vendors. It has also provided our vendors with the
requisite volumes to realise economies of scale. Going forward, we plan to have technically and
improving quality and productivity of the vendors is a priority area for Maruti. While the
average standards have improved significantly over the years, there is still high variability.
our company has been encouraging vendors to develop their own technology and R&D
capability. In the long run, Maruti expects its vendors to initiate and develop specialised
66
components on their own, while it focuses energies on its core competency of making better
cars.
R&D activities of Maruti have the twin objectives of reducing product costs by
developing capabilities of local vendors and becoming a regional R&D hub for all Suzuki
operations. The company has adopted a ‘focused model cost reduction’ technique.
activities across its operations. This initiative has gathered greater momentum this year
with the introduction of ‘Junkai’ (or ‘Focus’) visits by our engineers to our vendors’
production facilities. Junkai visits facilitate development of fresh VA/VE ideas for cost
reduction and also reduce the cycle time for idea evaluation.
In addition, Maruti has started conducting cost workshops with vendors supplying high
cost parts. In these workshops, current cost structures of vendors are analyzed in detail and
specific cost reduction targets suggested. To help vendors achieve these targets, a team of
engineers from Maruti and Suzuki visit their production facilities and develop an action
plan to meet these targets. The assistance of vendors’ collaborators, wherever applicable,
The action plan often includes VA ideas, localization of inner parts, and reduction in cost
of bought-out parts, yield improvement and process cost reductions. In the year under
In its early days, the Maruti R&D centre was primarily involved in providing technical
assistance to local component manufacturers. Over the years, this centre has developed
67
capabilities for face lifts and body changes of current models. These include styling, clay
modeling, computer aided design, prototype making and its evaluation, and stamps / dies
designing. All modifications done on the new Zen model introduced by the company in
200304 were carried out in-house by the R&D team. The dies for the new body panels were
developed in- house die-shop for the first time. All the changes required in the existing
QUALITY
Maruti has raised the bar for quality checks by adopting the ‘Global Customer Audit
(GCA)’ mechanism. The GCA methodology places a great deal of emphasis on delivering
products which meet the quality requirements of our customers. In this process, a select
number of cars are picked at random everyday and taken through rigorous tests.
This includes examining the vehicle in ‘static condition’ and then in ‘dynamic condition’
by test driving it under varied road conditions to check all functional parts. The total cycle
time for GCA is 95 minutes per vehicle. Based on the GCA feedback, requisite remedial
measures are undertaken to ensure that defects are not carried in vehicles which are under
production.
In the year under review, MUL introduced the concept of ‘Quality Gates’ across its
manufacturing processes. These ‘Quality Gates’ have been positioned at 110 key
locations throughout the manufacturing process, and provide real-time feedback for
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MUL’s press shop and related functions received the TS 16949 quality certification in
2004-05. While we are proud of this achievement, we believe it is imperative that these
high quality standards be shared by our vendors too. To this end, MUL is actively
We are pleased to report that our initiatives on the quality front have yielded gains:
MUL was ranked No. 1 in the prestigious JD Power Customer Satisfaction Survey, 2003.
This No.1 rank is for fourth time in a row — which is a world record for any automobile
leader in a country.
In 2003, Maruti models topped ‘Initial Quality Study’ conducted in India by JD Power
Asia Pacific. In the highly competitive A2 segment, Wagon R was rated best in overall
quality rating, followed by the Zen; while in A3 segment, Esteem achieved top ranking in
2003.
In 2004-05, NFO, an international survey agency, ranked Maruti WagonR as no.1 in the
69
HUMAN RESOURCES
Maruti’s most valuable asset has always been, and will continue to be, its people.
The successes and accomplishments of the company over the years have been entirely due
It has been a constant endeavor of the management to share with its workforce the
This initiative was given a major thrust with organizing a training program for the union
working committee members so that the message reached the workmen. Through this
training program, management shared its perception of the company’s future and
familiarized the union members with the competitive pressures faced by the company.
Subsequently, a one-day training program, ‘Sankalp’, was launched to cover 100% of our
workmen on the global business trends and the ever-increasing competition. The
objective was to highlight the need for a change in mindset and approach to business. The
Sankalp series will continue through the year to cover the entire workmen population.
we believe that this agreement would provide us the confidence and strength to keep our
Developing human resource capabilities across all levels and functional areas is integral
to the company’s human resource philosophy. As a part of this, Maruti Udyog sends its
workers, supervisors and engineers to Suzuki factories in Japan for on-the-job training
programs. Varying from one month to two years, these programs are not only aimed at
enhancing technical skills but also inculcating the Japanese way of working and
70
facilitating cross-cultural exchange. Management training programs focusing on
leadership and change management were organized by the Company for all departmental
heads.
Apart from this the Company also has a well-structured, one yearlong training-cum-
In light of mounting competitive pressures, a priority area for Maruti is to rationalize and
redesign its manpower needs to transform itself into a lean and competitive organization.
To this end, Maruti offered a Voluntary Retirement Scheme (VRS) to its employees in the
year under review. This offer was accepted by 1,251 employees, and followed an earlier
remained cordial throughout the year and not a single day’s work was lost due to strikes
or disputes. During 2004-05, a five year wage settlement agreement was signed by
MUL with its workers’ union. Apart from bringing in the concept of cost to company in
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INFORMATION TECHNOLOGY
Since its inception 20 years ago, Maruti Udyog has made concerted efforts to leverage
efficiencies. The IT initiative of the company started in 1983 with the implementation of a
booking system for its vehicles. With growing business complexities, IT tools have now
found use across all areas of operation including marketing and sales, finance, plant and
As mentioned earlier Maruti has the widest network of dealer comprises dealership
showrooms, workshops and authorized service stations spread across the country. Currently
transactions with these dealers are through a centralized ‘extranet’, which allows dealers to
log in and transact business in an online mode. While this system has proved to be effective,
provide real-time information on all transactions between dealers and the company. It
November 2004.
Maruti has also introduced a Vehicle Tracking System (VTS) at two of its plants. This acts as
72
by providing accurate and timely instructions to the shop-floor, along with a feedback to the
business systems. Going forward, this infrastructure should provide additional strategic
capability of introducing more products and variants on the same production facilities. VTS
along with existing Quality Gate System has considerably enhanced our quality control
One of the key initiatives on the operations front has been the introduction of E-Nagare— a
system for material scheduling and ordering. This is one of the best practices inherited from
Suzuki, and has significantly smoothened our Just-In-Time (JIT) operations on the shop-
floor.
MUL has also taken up e-sourcing as one of the key focus areas for cost reduction and
improved procurement. The company has successfully used this to significantly reduce
Going forward, MUL intends to increase procurement through e-sourcing, and is in the
applications.
Knowledge management is another area of focus for MUL. To this end, an intranet portal
using Microsoft Share point software — one of the first six free sites of this product
developed by Microsoft before its launch worldwide — has been established, and is
finding increasing popularity among employees across all levels and functional areas .
73
OBJECTIVES OF THE PROJECT
74
OBJECTIVES OF THE PROJECT
2. To find the brand status, brand loyalty in the mind of customer for the
3. To find the various sources of information about cars from primary data through
customers.
75
SCOPE AND THE LIMITATION OF THE STUDY
The scope of study is limited to the respondents selected from in and around
Gorakhpur.
However, MARUTI SUZUKI Automobile showrooms are located in other places i.e.
locally and even in the neighboring states. Only opinion of respondents of Gorakhpur
76
RESEARCH METHODOLOGY
The nature of my research is exploratory research. It’s goals to shed light on the real
nature of the problem and to suggest possible selection and its involves number of steps.
defining the problem is half solved and the objective of my research is to study
The second stage of marketing research calls for developing the most efficient
Designing the research plan calls for decision on the data sources, Research
77
(a) Data Sources
Primary Data
questionnaire
Secondary Data
Primary data can be collected into five ways – observations, focus groups,
survey, behavioral data & experiments and here I have used survey research.
TARGET MARKET
The target market of our study was mainly concentrated to the recent car buyer's and the
METHODOLOGY
The tool used for this research is questionnaire, administered and filled by interviewees.
The questionnaire was typed and presented to respondents in an arranged manner. In this
78
process the personal interview came very handy in explaining the respondents the exact
list of questions or if they face any problem while answering the questionnaire or in
clarifying any confusion they had. Personal interviews provided flexibility in the sense
that the researcher was able to provide further clarification or explanation whenever
required.
2. Maximum questions are of multiple choice questions and there can be more than
3. The comments and suggestions were open-ended questions so that the respondent
4. The size of the questionnaire is not too long. This is to make the job feasible both
79
80
AREA WISE PEI CHART BASED ON EVERY
CUSTOMER SURVEY OF DIFFERENT AREAS IN
GORAKHPUR
% of customer’s like 45 40 15
INTERPRETATION:
Maruti is most suitable Car products in “station road” for customer. The
45 % likes of maruti, 40% of Tata Motors and the lowest is 15% of others.
81
Different car brands Maruti Hyundai Others
% of customer’s like 55 40 05
INTERPRETATION:
82
Different car brands Maruti Hyundai others
% of customer’s like 65 25 10
INTERPRETATION:
83
Different car brands Maruti Hyundai others
% of customer’s like 70 20 10
INTERPRETATION:
Maruti is most suitable Car products in “Sahara estate” for customer. The 70 %
84
Different car brands Maruti Hyundai others
% of customer’s like 55 20 25
INTERPRETATION:
Maruti is most suitable Car products in “Sahara estate” for customer. The 55 %
85
Are you satisfied with the function of the marketing
Intermediaries?
Factors % of Responses
Exellent 45
Good 35
Average 20
86
Do you think that particular brand Maruti gives you required
Factors % of Responses
Yes 76
No 24
87
Company wise division of the cars purchased
In % 45 30 25
INTERPRETATION
The above figure shows that the ALTO model of Maruti commands a good share in the
market, followed by WagonR and hot selling Zen. ALTO& Maruti 800 is the undisputed
Alto model has the largest share in the export category, and is marketed in Europe.
Versa's sale has got to pick up because costumers have an unclear picture in their mind
88
The mode of purchase of the vehicle
Mode of
Cash ICICI SBI HDFC PNB M&MFSL
Purchase
In % 16 36 12 19 8 9
MODE OF PURCHASE
40
35
30
25
20
15
10
INTERPRETATION
As can be seen in the figure above the availability of easy loan has attracted the
consumers to much so that the out of the cars purchased only 16 % of the vehicles are
paid for in cash. With the mushrooming of finance companies the rate of interests has
been continuously reducing.The two rivals in car financing are ICICI and SBI bank with
ICICI leading the race due of more and wider presence.Easy availability of finance have
up surged the demand for higher segment cars with more and more people who have the
capability of paying cash opting for finance due to hassle free approvals and lowest
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TO FIND THE BRAND STATUS IN THE MIND OF CUSTOMER.
QUESTIONS:
1. Which are the three brand (companies) that come to your mind when you think of
a car?
__________________
__________________
__________________
2. Which two TV car commercials (Ads) can you recall right now?
_______________________________________
_______________________________________
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The brand-recalling test showing the brand that has the picture in consumer's mind
BRAND RECALLED
120
100
80
60
40
20
0
INTERPRETATION
As seen in the figure above somewhere down the line people do recall Maruti when they
are asked to name a brand that comes to their mind at the first instance. Followed by
It can be seen that the more the people recall the brand the more likely are the chances
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The advertisements that strike
Maruti
Advertisement WagonR Versa Alto Maruti800 service Zen Hyundai
In % 3 8 12 11 4 4 58
ADVERTISEMENT RECALLED
70
60
50
40
30
20
10
0
WagonR Versa Alto Maruti800 Maruti service Zen Hyundai
INTERPRETATION
As said earlier in the above brand recalling analysis Hyundai commands a higher
recalling power when it comes to Media advertisements because of its high advertisement
budget.
Also the hot favorite in Maruti ads is the Bachaan father and son ad with the highest
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TO FIND VARIOUS SOURCES OFINFORMATION ABOUT CAR.
QUESTION:
What were the sources of information when you purchase the Maruti car?
Sports channels
Ten sports
News channels
Aaj Tak
Zee news
Star News
Entertainment channels
Star
Zee
News papers
93
Magazines
IN 45 24 31
50
45
40
35
30
25 Series1
20
15
10
5
0
STAR SPORT ESPN TEN SPORTS
94
Entertainment Channel Mostly Watch
60
50
40
30
20
10
0
STAR Zee SON Y
INTERPRETATION
Summarizing the above figures we can say that the people watch Star Sports the most
followed by ESPN and Ten sports therefore we can say that it would be better for Maruti
to advertise on Star rather than Ten sports. But one has to look at the target audience and
then make a feasible decision; it is possible that a media is good for a certain class of
95
Print Media
AMAR RAS- ECONOMICS
Newspapers read TOI DAINIK
UJALA SHARA TIMES
In % 18 12 23 40 7
45
40
35
30
25
20
15
10
5
0
TOI AMARUJALA RAS-SHARA DAINIK ECO-TIMES
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Print media is perhaps the most effective and the most widely circulated media and a
good medium for advertising but one has to be sure about its target audience and then
resort to division of the same into different segments. Such as people reading English
newsprints or Hindi or for that matter any other language but it is important that to make
the ad effective it should be positioned right. DAINIK JAGARAN is the most widely
sahara.
97
Auto Business
India
Magazines read India Outlook Overdrive World
Today
In % 14 9 4 8 34
40
20
0
Auto India
Outlook
Overdrive
Business
world India
Today
INTERPRETATION
Similarly the magazine India Today is quite a source of good information for the elite
class.There is a saying that "Advertising is a social waste" but it is advertising that makes
the customer aware and the right kind of expenditure is definitely a necessity in today's
competitive environment
98
STEPS of computation of ranks:
1. Calculating how many people gave what ranks to the factors which were taken
In the figure above 21 people gave price as its first preference followed by 3 people each
who gave 2nd and 3rd rank to price. Similarly for mileage 2 people had ranked it 1st and
so on
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2. Percentage representation of the same out of the sample size of 33
customers..
100
3. Taking weights for the ranks so that all the figures come on a
common platform
Ranks Weights
1 30%
2 25%
. 3 20%
4 12.50%
5 7.50%
6 5%
Rank 1st have been given a 30 percentage weigh because this is driving factor i.e.
it is the first and foremost thing that comes to a consumers mind when he goes for a
purchase, likewise rank 6th which is somewhere in the mind of customers but doesn't
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4. Multiplying the percentages found in step 2 with their respective
ranks to get a cumulative score.
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5. Graphical representation of the total scores
0.25
0.2
0.15
0.1
0.05
INTERPRETATION
The above figure clearly depicts that the customer base of Maruti 800 is much more price
cautious and mileage is the next best thing that they want. But they do give importance to
the looks, after sales service and resale value of the car. These people are also inclined
That is probably the most important reason that 800 is called the bread and butter car and
still the highest selling car in its segment. Similarly we can do it for the all segment
This analysis helps us knowing what customer want in the segment of the car industry
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Firstly looks are the most important thing that the consumers prefer.
Price, feature and brand image is the next check that the customer employs while
Resale value and after sales services are also an important consideration.
Hence it is important to know what the customers want before introducing a product.
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FIND OUT STRENGTH, WEAKNESS,
OPPORTUNITY&THREAT OF MARUTI.
SWOT analysis which would be helpful in determining what are its strength, its
weakness, the opportunities, and threats from its rivals. Here is a very small SWOT
analysis that has been made after listening to the customer's perspective.
STRENGTH
WEAKNESSES
1. Outdated looks.
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OPPORTUNITY
1. Japenese Technology.
2. True' Value.
3. Maruti insurance.
THREATS
3. Other car companies have also started offering variants in almost all the
segment
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RECOMMENDATIONS
Maruti should come out with cars that are attractive and appeals to the masses.
The Maruti 800 with a 5 speed transmission was a very impressive car in terms of
economy as well as drive comfort, customers feel that the 800 model should again
The back seat divider should not be there due to uncomfortable sitting position
due to it.
Supply should meet demand of the car; this is due to long waiting period in most
The boot space of the car can be increased, especially in the Maruti.
Dealers should deliver the vehicle on the day it has been promised
Maruti must focus on retaining its customers and the True Value is a good step
In the end one can say that a good marketing mix is all that is needed to sell the Maruti
vehicles because they are still the best on the Indian road and definitely Maruti has got
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CONCLUSION
In the above research I found that the demand for Maruti car is more than HYUNDAI
Motors.
The mileage of Maruti car good to HYUNDAI.
All the price of Maruti is economical than Tata motors; Inspite of that Maruti car is
more popular than HYUNDAI.
Maruti car pickup is lees than Hyundai cars but in the long drive Maruti can provide
more speed than Hyundai cars about 140 km. per hour.
Maruti car is easy to drive in the city because the pick-up of Maruti is too good.
In the above research I found that most of the customer have Maruti car instead
HYUNDAI cars.
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LIMITATIONS:
The sales person of Maruti Dealer have given a target of financing a particular
amount by the banks and the target of that loan should be given within month
and they have to fulfill that condition every month to gain extra income for
dealership.
Dealer provide some extra incentive to the sales person to fulfill the target of
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Information’s of this project will keep confidential.
C
COOM
MPPA
ARRIISSIIO
ONNB
BEET
TWWE
EEEN
NMMA
ARRU
UTTII SSU
UZZU
UKKII&
&HHY
YUUN
NDDA
AII C
CAAR
RSS
NOTE: This is an institutional survey and your information will not be disclosed. It
a) Maruti Suzuki ( )
b) Hyundai ( )
b) Cash ( )
ICICI SBI
HDFC M&MFSL
a) Tata ( )
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b) Hyundai ( )
c) Maruti ( )
d) Any other ( )
a) Tata Motors ( )
b) Maruti Suzuki ( )
c) Hyundai ( )
d) Any other ( )
Price [ ]
Schemes [ ]
Mileage [ ]
Resale value [ ]
Looks [ ]
Reference [ ]
Advertisement [ ]
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Features [ ]
Brand image [ ]
Repeat purchase [ ]
7. Which are the three brand (companies) that come to your mind when you think
of a car?
d) __________________
e) __________________
f) __________________
8. Which two TV car commercials (Ads) can you recall right now?
g) _______________________________________
h) _______________________________________
9. What were the sources of information when you purchase the car?
Sports channels
Ten sports
News channels
Aaj Tak
Zee news
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Star News
Entertainment channels
Star
Zee
News papers
Magazines
10. Are there any suggestions that you want the company to implement?
Signature
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BIBLIOGRAPHY
Search Engine :
Websites:
www.maruti.com
www.marutisuzukiindia.com
www.business-today.com
www.datamonitor.com
www.marutiudyog.com
www.carwale.com
www.thetimes.com
www.indiaautomobile.com
www.walkb4urun.blogspot.com
www.expressindia.com
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