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A Study On Customer Satisfaction Towards KTM Bikes in Erode
A Study On Customer Satisfaction Towards KTM Bikes in Erode
A Study On Customer Satisfaction Towards KTM Bikes in Erode
Volume 4 Issue 1
Abstract
Customer satisfaction is defined as a measurement that determines how happy
customers are with a company's products, services, and capabilities. Customer
satisfaction information, including surveys and ratings, can help a company
determine how to best improve or changes its products and services. It is a
measure of how products and services supplied by a company meet or surpass
customer expectation. Consumer preference is defined as the subjective tastes
of individual consumers, measured by their satisfaction with those items after
they’ve purchased them. Customer satisfaction provides a leading indicator of
consumer purchase intentions and loyalty. Customer satisfaction data are
among the most frequently collected indicators of market perceptions.
you forfeit the opportunity to buy a and children's wear. Today, however,
competing item. parents are asking their children for
opinions more than ever, including what
WHY CONSUMER PREFERENCE IS kind of car would best suit the family,
IMPORTANT? where to go to dinner and even what
Because consumer preference determines clothing the parents should buy for
what products people will buy within their themselves. As a result, clothing retailers
budget, understanding consumer are putting more emphasis on their
preference will give you an indication of children's departments.
consumer demand. This information will
help to ensure that you have enough Preferences for Larger Selections
products to meet demand and will help you In addition to getting older, Americans are
determine the price for your product. also getting larger. In 2017, more than
one-third of adults and one-in-six children
Consumer Preference Examples were obese, a trend that is only expected to
When it comes to consumer products, increase. These consumers know that just
change is always a constant. Before smart because they are larger, wider or thicker
phones arrived on the market, for example, than the average customer, it doesn't mean
most people preferred small cell phones they shouldn't have well-fitting clothes.
that they could put in their pockets over
larger handsets. A Need for Speed
Regarding the online shopping experience,
A Growing Taste for Activity one-week delivery times are now passé.
As the American population ages, a More consumers are developing a
growing number of people are turning preference for nearly instant gratification.
towards products that are geared towards Supermarkets are now offering same-day
activity and longevity, which represents a delivery, while Amazon is developing an
$7.6 trillion opportunity for the right army of drones that will be able to deliver
products. online purchases just as quickly.
The scope of the study was extended research should be conducted. Thus the
It does not cover all the consumer will yield max information
parametric test, is symbolically written as Limited (BAL). The present case study
x2 provides an overview of KTM’s
2 2
x = ∑(O-E) /E internationalization path and highlights the
main motives, objectives and outcomes of
Degree of freedom = (R-1) (C-1) Where, the Austrian-Indian partnership. The case
O - Observed Frequencies study outlines the internationalization of
E - Expected Frequencies KTM in the context of an overview of
R - Number of rows India’s economy, the Indian motorcycle
C - Number of columns industry and India’s key players in the
industry.
REVIEW OF LITERATURE
A.PriyankaDr.B. PonnuthaiA Study on Two-Wheeler Consumer Behavior
Customers Perception Towards The towards Perceived Quality
Usage of KTM Bikes This original exploratory research study
India is emerging as one of the fastest was to examine the impact of Select
developing nation in the world with the independent and demographic variables on
economic liberalization in full swing; Perceived Quality. The data was analyzed
automobile plays an important role in the with descriptive statistics and non-
development of it. Marketing mainly parametric tests, and found no impact of
focuses on the customers. The marketing independent variables and demographic
philosophy of business assumes that an variables on Perceived Quality, further
organization can best serve, prosper and given various research and managerial
attain profit by identifying and satisfying implications.
the needs of its customers.
COMPANY PROFILE
KTM and Bajaj: An Austrian-Indian KTM AG (the former KTM Sport
Partnership in the Motorcycle Industry motorcycle AG) is an Austrian motorcycle
Austria-based motorcycle manufacturer and sports car manufacturer owned by
KTM has managed to become the number KTM Industries AG and Indian
one European seller of motorcycles. To manufacturer Bajaj Auto. It was formed in
achieve this goal, the company has chosen 1992 but traces its foundation to as early
to engage in a joint venture with Indian as 1934. Today, KTM AG is the parent
motorcycle manufacturer Bajaj Auto company of the KTM Group.
23 Page 18-28 © MANTECH PUBLICATIONS 2020. All Rights Reserved
Journal of Human Resource and Customer Relationship Management
Volume 4 Issue 1
School level 8 11 5 1 25
College level 6 24 4 3 37
No formal
2 12 3 1 18
education
Others 5 12 3 0 20
Total 21 59 15 5 100
BIBLIOGRAPHY
REFERENCES FROM BOOKS
I. Kothari, C.R, Research
Methodology- Methods and
techniques, Second Revised Cite this Article as
Edition New Age
K.V.Shanmugavadivu , G.Kalaimani
International (P) Ltd., New Delhi. (2020) “A Study on Customer
Satisfaction towards KTM Bikes In
II. Kotler Philip, Marketing
Erode” Journal of Human Resource and
Management, 15th Edition, PHI Customer Relationship Management, 4
pvt ltd, New Delhi. (1) 18-28
Web sites:
www.consumer satisfaction.com
www.ktmbikes.com