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Rajasthan Technical University
Rajasthan (2018-2020)
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CERTIFICATE FROM SUPERVISOR
This is to certify that khushboo jain bearing Roll No: 14, is a bonafide student of
Master of Business Administration course of the S.S.Jain Subodh Management
Institute (2018-20), affiliated to Rajasthan Technical University, Kota. Project
Work report on “Customer brand loyalty and Satisfaction of Maruti car” is
prepared by her under my guidance in partial fulfillment of the requirements for
the award of the degree of Master of Business Administration of Rajasthan
Technical University, Kota, Rajasthan.
Associate Professor,
SMI Jaipur
Date:……………………..
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STUDENT’S DECLARATION
I khushboo jain, hereby declare that the Project Work report entitled “Customer
brand loyalty and Satisfaction of Maruti car ” prepared by me under the guidance
of Prof. Dr. Supriya mam , S.S Jain Subodh Management Institute, Jaipur.
I also declare that this project work is towards the partial fulfillment of the
university regulations for the award of degree of Master of Business
Administration by Rajasthan Technical University, Kota.
I further declare that this project is based on the original study undertaken by me
and has not been submitted for the award of any degree from any other University/
Institution.
Place: Signature
Date: Khushboo
jain
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PREFACE
The successful completion of this project was a unique experience for me and I
achieved a better knowledge about customer brand loyalty and satisfaction of
Maruti Suzuki in India. The experience which I got by doing this project was
essential to my future.
The research is on the topic ― Customer brand loyalty and Satisfaction of Maruti
car.
I decided on this topic because Maruti Suzuki is one of the most popular car.
These cars comes with advanced security systems and very comfortable to ride.
These cars also comes in middle range segment so middle class persons easily
afford maruti’s cars. These cars also have very good features in low price segment
so every customer loves these cars.
Also maruti Suzuki has very attractive warranty schemes. Maruti also provides
very attractive offers time to time for his customers. Maruti is the biggest and
popular brand in the car segment.
Maruti Suzuki also provides the finance facilities to their old and new customers so
everyone can easily approach this brands cars. These are the main and basic factors
to make maruti the number one brand in cars segment.
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Acknowledgement
In the completion of the Project study report titled – customer brand loyalty and
satisfaction of maruti car. It is my duty to acknowledge with gratitude the help rendered
to me by those individuals who provided me with valuable information and who were
motivation and inspiration during the successful completion of this project.
Primarily I would like to thank Prof. (Dr.) Raju Agarwal, Director, S. S. Jain Subodh
Management Institute and my faculty guide Dr.Supriya Agarwal Associate professor, S.
S. Jain Subodh Management Institute for valuable guidance that helped me to complete
this report successfully.
I also thank my family and friends for being a source of inspiration and support. Last but
not the least, I am thankful to my respondents for giving me the necessary information.
Khushboo jain
MBA IV SEM.
Date:
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TABLE OF CONTENTS
Declaration
Preface
Acknowledgement
Appendix
Questionnaire
Bibliography
Annexure
EXECUTIVE SUMMARY
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This is an attempt to know how the theories can be applied to practical situation.
As a student of MBA, it is part of study for everyone to undergo RESEARCH at
some good institute or organisation. So for this purpose, I got the opportunity of
summer training at Maruti Suzuki Nexa. In the first path of the report, the general
information of the company has been collected. Information is gathered through
the primary and secondary source as well. In the second part of the report, contains
the specialised subject study. Objective of the project is to understand the
effectiveness of marketing strategies on sales. Goals indicate what a business unit
wants to achieve. Strategy is the action plan for getting the goals. Every business
must design a strategy for achieving its goals, consisting of a marketing strategy,
and a compatible technology strategy and sourcing strategy. Marketing strategy is
a process that can allow an organisation to concentrate its limited resources on the
greatest opportunities to increase sales and achieve a sustainable competitive
advantage. A marketing strategy should be centred on the key concept that
customer is the main goal.
CHAPTER-1
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INTRODUCTION ABOUT THE PROJECT
Maruti Suzuki continues to dominate the India car market with seven of its cars
featuring in the top 10 list. What’s more, quite a few of the vehicles in its line-up
also feature in the top six lists. The main reason to select this topic is to study the
consumer satisfaction and perception towards mid segment cars in India, as most
of the population is of middle class or young generation who prefer to buy mid
range cars which are efficient as well as stylish in look. Maruti Suzuki India
Limited (MSIL, formerly known as Maruti Udyog Ltd) is a subsidiary of Suzuki
Motor Corporation, Japan. Maruti Suzuki has been the leader of the Indian car
market for over two and a half decades. It is largely credited for having brought in
an automobile revolution to India. Maruti Suzuki India Limited accounting for
nearly 50 percent of the total industry sales. In terms of number of cars produced
and sold, the company is the largest subsidiary of Suzuki Motor Corporation,
cumulatively; the company has produced over 10 million vehicles since the roll out
of its first vehicle on 14 th December, 1983. Maruti Suzuki is the only Indian
company to have crossed the 10 million sales mark since its inception. The
company has two manufacturing facilities located at Gurgaon and Manesar, south
of New Delhi, India.
To know the customers are satisfied with price and service network.
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To know whether the dealer renders after sales service, and if he, how far the
consumers are satisfied with services rendered by dealer.
There is a tremendous amount of scope for future research in this area , that is the
Automobile Industry, some possibilities can be:
CHAPTER -2
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INDUSTRY AND COMPANY PROFILE
This chapter consists of overview of Maruti Suzuki India Limited with respect to
Manufacturing facilities, Corporate Milestones, Sales and Service network with
their few popular brands. Maruti Suzuki India Limited (MSIL, formerly known as
Maruti Udyog Ltd) is a subsidiary of Suzuki Motor Corporation, Japan. Maruti
Suzuki has been the leader of the Indian car market for over two and a half
decades. It is largely credited for having brought in an automobile revolution to
India. Maruti Suzuki India Limited accounting for nearly 50 percent of the total
industry sales. In terms of number of cars produced and sold, the company is the
largest subsidiary of Suzuki Motor Corporation, cumulatively; the company has
produced over 10 million vehicles since the roll out of its first vehicle on 14 th
December, 1983. Maruti Suzuki is the only Indian company to have crossed the 10
million sales mark since its inception. The company has two manufacturing
facilities located at Gurgaon and Manesar, south of New Delhi, India. Both the
facilities have a combined capability to produce over a 1.5 million (1,500,000)
vehicles annually. 116 Maruti Suzuki offers 16 brands and over 150 variants
ranging from people’s car Maruti 800 to the latest Life Utility Vehicles, Ertiga.
Maruti Suzuki’s portfolio includes Maruti 800, Alto, Alto K10, A-Star, Estilo,
Wagon-R, Ritz, Swift, Swift Dzire, SX4, Omni, Eeco, Kizashi, Grand Vitara,
Gypsy and Ertiga. The company employs over 9000 people (as on 31 st March
2012). Maruti Suzuki’
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Maruti Suzuki is one of the leading automobile manufacturing companies in India.
It is the market leader in the automobile industry both in terms of production and
revenue generation. The history of Maruti Suzuki is very fascinating.
In the year February 1981, Maruti Udyog Limited was incorporated under the
provisions of the Indian companies act, 1956. The major objectives of Maruti
Udyog were to modernize the Indian automobile industry, to produce fuel-efficient
cars and mass number of vehicles
Current Models
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Celerio 2014–present hatchback Arena
Vitara compact
2016–present Arena
Brezza SUV
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Ignis 2017–present Mini SUV NEXA
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10 Volkswagen India 37018 47,749 -22.47
11 FCA India 18408 15,837 16.23
12 Skoda Auto India 16692 17,438 -4.28
13 *Others 5520 5,478 0.77
Total 339370 32,22,220 5.32
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*Others = Isuzu, Force and
Hindustan Motors
CHAPTER- 3
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RESEARCH METHODOLOGY
1. Primary Data
2. Secondary Data
1. Primary Data:
The primary data collected from making through distributing questionnaire to
100 different people to understand the customer’s level of satisfaction and
brand loyalty of maruti cars.
2. Secondary Data:
The secondary data is collected from brochures, business world magazines,
advertisements in television and various company websites.
Sample size:
Random sampling:
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Random sampling is a sampling technique where we select a group of subjects (a
sample) for study from a larger group (a population). Each individual is chosen
entirely by chance and each member of the population has a known, but possibly
non-equal, chance of being included in the sample.
LIMITATIONS:
This study has been conducted to study the customer response, market share,
andcustomer satisfaction and response for MARUTI SUZUKI.
It is aimed at different customer satisfaction with reference to age, purpose
of purchase, focusing on the target group.
To analysis the findings or recommend the changes in service towards
customers.
The result fully depends on the information given by the respondents which may
be biased.
CHAPTER- 4
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DATA ANALYSIS AND INTERPRETATION
Questionnaire
1.Name- ……(Optional)
2. Educational Qualifications
b) Graduate
c) Post Graduate
d) Professional
b) 5-10 Lakh
c) 10-15 Lakh
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a) Tata b) Hyundai
b) Maruti Suzuki
brand
Tata
20%
Maruti suzuki
56%
Hyundai
24%
a) ford b) tata
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C) Hyundai d) others
Previous vehical
Previous vehical
Other
Ford
Tata
Hyundai
a) 1-5yr b) 6-10yr
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Age group No. of respondents Percentage
1-5 yr 24 24%
6-10yr 60 60%
11yr & above 16 16%
Age Group
6-10yr
1-5yr
0
10
20
30
40
50
60
a) Brand b) Price
c) features
Choice
brand
27%
features
33%
price
40%
a) yes b) No
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price
No
12%
Yes
88%
6. How do you feel when you drive yours maruti Suzuki car?.
c) uncomfortable
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Perception
uncomfortable
18%
comfortable
30%
more comfortable
52%
c) reduction in price
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new facilities
reduction in price
8. What is your opinion about service in maruti suzuki comparing with others?
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service
excellent good poor
20%
30%
50%
.9. How would you rate the after sales service and attitude of the service personnel
at Maruti Suzuki?
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Sales
Very dissatisfied
10%
Very Satisfied
Dissatisfied 28%
12%
Neutral
14%
Satisfied
36%
10. When you purchase your next car do you think you shall go for a Maruti car?
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Sales
Not sure
20%
Most definitely
34%
Most Probably
46%
11. Do you want to make any remarks regarding your purchase of a Maruti car?
…………………………………………………………………
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CHAPTER -5
FINDINGS
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It is found in the survey that males are the main decisions
maker for buying the car. As per the data 65% of male and
35% of female makes purchase decision.
The main purchasing factors for the maruti Suzuki are quality
and brand image. The data reveals that 42% influences on
quality and 32% influenced for the brand.
CHAPTER-6
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After analyzing the findings, the following suggestions have been made. Great
care has been taken in making these suggestions for improvement of customer
satisfaction and brand loyalty:
To increase the sales of maruti cars, it is must focus on its fuel efficiency, looks
and interiors of the car.
To position maruti Suzuki cars , maruti must differentiate it from Hyundai
which people consider it to be its nearest competitor.
Customers are take need constantly after sales service so company should
focus on servicing instead of selling.
Company should create new ideas to attract customer towards servicing.
Company should provide the facility to customer like tea, mineral water during
servicing time.
Customer likes best quality cars in any price so company should add best
technology in the product.
Most of the respondents express that they have technical problems in their
existing car and some of them opine that they switch over to another brand
because they would like to buy a new technology
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The demand for small car segment is increasing because of the growing number
of nuclear families as well as parking problems. Hence the manufacturers
should find out the needs, wants, tastes and preferences of consumers in order
to design suitable products.
. Many women are now becoming educated, and they pose challenges in
employment once reserved for men. According to the observations made, it is
stated by most of the female respondents that automobile manufacturers should
study the behaviour of women and should produce a car exclusively for women
as two wheeler manufacturers are doing.
Customer satisfaction can be improved by providing more headroom for
customers whose height is more than six feet.
Modification can be done for FM antenna as it is difficult to use the car body
cover with the fixed protruding antenna on roof top. Customers would be more
satisfied if the position of antennas shifted to the driver side corner.
The waiting period for diesel version of some cars (Swift, Swift DZire and
SX4) is too long. Steps should be taken to increase the production of those cars.
The colour choices on cars available can also be increased.
CHAPTER -7
CONCLUSION
The Indian car makers have shown remarkable agility to cope with global
players. The expected rise in income levels, wide choice of models and easy
availability of finance at lower interest rates has driven .The future scope also
looks even better. The Indian Automobile Industry has seen a lot of
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international car manufacturer’s entering India. The Indian road has seen the
change with new technology cars coming in with more luxury and affordability.
There has been a drastic change from two wheelers to four wheelers ruling the
Indian roads. Hence, the vast change has resulted on the wide range of cars
running on the Indian roads. The value of possessing a car has changed from
time to time. When the car was introduced in the country, only few would have
the privilege of driving and owning a car. Slowly the transformation happened,
now a common man could earn himself the pleasure of owing a car. This was
made possible due to the high potential buying power from the middle class
segment. Understanding the fact, the car manufacturing companies realized to
tap the untapped potential in the Indian car market.
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BIBLIOGRAPHY
www.reviewsxp.com
WWW.SCRIBD.COM
WWW.ITCPORTAL.COM
WWW.HUL.CO.IN
WWW.COLGATEPALMOLIVE.COM
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WWW.DABURINDIA.CO.IN
QUESTIONNAIRE
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a) Tata b) Hyundai
b) Maruti Suzuki
a) ford b) tata
C) Hyundai d) others
a) 1-5yr b) 6-10yr
a) Brand b) Price
c) features
a) yes b) No
6. How do you feel when you drive yours maruti Suzuki car?.
c) reduction in price
8. What is your opinion about service in maruti suzuki comparing with others?
9. How would you rate the after sales service and attitude of the service personnel
at Maruti Suzuki?
10. When you purchase your next car do you think you shall go for a Maruti car?
11. Do you want to make any remarks regarding your purchase of a Maruti car?
…………………………………………………………………
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THANK YOU
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