FROM KHOKAN MOTORS SUBMITTED ON PARTIAL FULFILLMENT OF BACHELOR OF BUSINESS ADMINISTRATION PREPARED BY NAME: PRAMIT CHHETRI ROLL NO: 75/BBA/06714 DATE: 05!06!"010 EXTERNAL GUIDE INTERNAL GUIDE (ARCHANA DIA#) (SU$AMAY BHOWMICK) SUBMITED TO INFORMATION TECHNOLOGY CENTRE UNI$ERSITY OF NORTH BENGAL DAR%EELING: 7&401& DECLARATION I do hereby declare that this project is submitted by me for partial fulfilment of the Bachelor of Business Administration, Information Technology Centre, North Bengal Uniersity! The project report is e"clusiely prepared by me and has not been submitted to any other Institution or published any#here before! $AT%&' (I)NATU*%&'
I.T. CENTRE, N.B.U ACKNOWLEDGEMENT At the ery outset, I #ould li+e to than+ my family #hom I o#e a much! I am really grateful to ,rs Archana $ia- ,sales ,anager of .ho+an ,otors for her guidance to underta+e this project and enabling me to turn my dream to reality! I e"press my deep sense of gratitude to my internal guide, ,r! (uamay Bho#mic+, lecturer Information Technology Centre, Uniersity of North Bengal for his help and adice during the preparation of this project! /inally, I #ould li+e to than+ all others #ho directly or indirectly help me to accomplish my project #or+!! $AT%&' (I)NATU*%&' I.T. CENTRE, N.B.U
PREFACE 0roject #or+ is something that eery ,anagement student should carry out seriously at any organi-ation irrespectie of their topic they choose to do! This is a part of complete management study and carrying out such a project #or+ is re1uired by the e"amination and ealuation $epartment of different Uniersities necessary for the partial fulfillment of B!B!A! course! Carrying and completing such a project #or+ is not an easy tas+! 2ne must be careful before gathering the data re1uired other#ise the ery essence of the project #ill get lost in the mid#ay and the real and correct idea #ill remain une"posed before the reader! I too+ my project in ,ar+eting on Brand a#areness of ,ahindra 3ylo from .ho+an ,otors, (iliguri! I had tried to compile the clear picture regarding the leel of brand a#areness, measure to increase and retain the brand a#areness, and the adertising and the promotional tools effectie for enhancing the a#areness leel of the potential customers! The project has played a significant role in my life in gaining +no#ledge in mar+eting field! I.T. CENTRE, N.B.U CONTENTS PAGE NO' INT*2$UCTI2N Introduction 2f The 0roject 4'5 Introduction 2f The Company 6'47 N%%$ /2* (TU$8 44'45 (TAT%,%NT 2/ T9% 0*2B:%, 46 2B;%CTI<%( 2/ T9% (TU$8 4='4> T9%AT*ICA: /*A,%?2*. 4@ (A,0:IN)A(2U*C%(A,%T92$2:2)8 4B'57 ANA:8(I( 54'66 C2NC:U(I2N 6= /IN$IN)( 6> (U))%(TI2N AN$ *%C2,,%N$ATI2N 6@ BIB:I2)*A098 6B A00%N$I3 6C'=7 I.T. CENTRE, N.B.U INTRODUCTION OF THE PRO%ECT The project is underta+en to measure the brand a#areness leel of ,ahindra 3ylo in an around (iliguri, measuring the brand a#areness leel of a particular companyDs brand is of ital importance since it indicates the number of people #ho are a#are of a particular brand in a gien period of time and it also highlights the effectieness of the different adertising or promotional tools used for the purpose! Brand a#areness is the consumersD ability to recognise or recall (identify) the brand #ithin a gien product category in sufficient detail to ma+e a purchase decision! This also means that the consumers can propose, recommend, choose, or use the brand! The objecties of most adertising campaign are to create and maintain brand preference! The first step is to ma+e potential consumers a#are of a brandsD e"istence! 2ne of the prominent goals of any business should be to build brand image and a#areness of its product, albeit in as cost E effectie manner as possible! Consumer tends to ma+e purchasing decision based on peer recommendation and direct e"perience, as #ell traditional adertising methods! The project aims to#ards increasing the brand a#areness since its one of the effectie tool to effect the final purchase decision and the olume of sales! I had used the topic to find out or measure the brand a#areness leel among the customers and the #ays to increase its a#areness! I.T. CENTRE, N.B.U Page 1 ,ahindra #ho has entered the motor industry initially to manufacture general' purpose utility ehicles, ,ahindra F ,ahindra (,F,) #as first +no#n for assembling under licence of the iconic ?illys ;eep in India! The company later branched out into manufacture of light commercial ehicles (:C<Ds) and agriculture tractors, rapidly gro#ing from being a manufacture of army ehicles and tractors to an automobile major #ith a gro#ing global mar+et! At present ,F, is the leader in the utility ehicle (U<) segment in India #ith its praise #orthy products li+e (corpio, Bolero, 3ylo, :egend etc! In this project, I #ent into a search for details regarding the brand a#areness of ,ahindra 3ylo and its acceptance rate and the promotion effectieness! The analysis #as done #ith the help of the data collected through 1uestionnaire ta+ing the sample si-e of >7 in an around siliguri! As the brand a#areness is directly associated #ith promotion strategy ta+en by the company its effectieness is ealuated and the steps to increase the a#arness leel of the customers are considered! Therefore I hae used arious tools and techni1ues for the purpose of analysis of the data and hae tried to thro# a clear light to#ards the leel of brand a#areness of ,ahindra 3ylo and the measures to increase its a#areness and to ealuate the best media of communication for the purpose! I.T. CENTRE, N.B.U Page 2
INTRODUCTION OF THE COMPANY A()*+ M,-./01, 2 M,-./01, T345 P*(6.7 C)84,/3 F)*/050 145 H5,09*,1+51: M*8(,.; I/0., K53 P5)465 K5:-*( M,-./01, <C-,.18,/=; A/,/0 M,-./01, <$.75 C-,.18,/ 2 M,/,>./> D.157+)1= I/0*:+13 A*+)8)+.?5 @,18 E9*.485/+ R5?5/*5 USA 10 (.66.)/ <"00 H1= E846)355: 16;000 46*: W5(:.+5 M,-./01,'7)8 ,ahindra F ,ahindra limited is a part of ,ahindra )roup, an automotie farm e1uipment, financial serices, trade and logistics, automotie components, after'mar+et, I!T and infrastructure conglomerate! The company #as set up in 4G=> as ,ahindra F ,ohammed! :ater, after the partition of India, )hulam ,uhammad returned to 0a+istan and became that nationDs first finance minister! 9ence, the name #as changed from ,ahindra F ,ohammed to ,ahindra F ,ahindra in 4G=C! I.T. CENTRE, N.B.U Page 3 Initially set up to manufacture general'purpose utility ehicles, ,ahindra F ,ahindra (,F,) #as first +no#n for assembly under licence of the iconic ?illys ;eep in India! The company later branched out into manufacture of light commercial ehicles (:C<Ds) and agriculture tractors, rapidly gro#ing from being a manufacture of army ehicles and tractors to an automobile major #ith a gro#ing global mar+et! At present ,F, is the leader in the utility ehicle (U<) segment in India B*:./5:: ,ahindra F ,ahindra gre# from being a ma+er of army ehicles to a major automobile and tractor manufacture! It has ac1uired plants in China and the United +ingdom, and has three assembly plants in the U(A! ,F, has partnerships #ith international companies li+e *enault (A, /rance and international Truc+ and %ngine Corporation, U(A! ,F, has a global presence and its products are e"ported to seeral countries! Its global subsidiaries include ,ahindra %urope (rl! based in Italy! ,ahindra U(A Inc, ,ahindra (outh Africa and ,ahindra (China) tractor Co! :td! ,F, is one of the leading tractor brands in the #orld! It is also the largest manufacturer of tractors in India #ith sustained mar+et leadership of oer 5> years! It designs, deelops, manufactures and mar+ets tractors as #ell as farm implements! ,ahindra tractors (China ) Co! :td! ,anufactures tractors for the the gro#ing Chinese mar+et and is a hub for tractor e"ports to the U(A and other nations! ,F, has a 477H subsidiary, ,ahindra U(A, #hich assembles products for the American mar+et! I.T. CENTRE, N.B.U Page 4 ,F, made its entry into the passenger car segment #ith the :ogan in April 577B under the ,ahindra *enault joint enture! ,F, #ill ma+e its maiden entry into the heay truc+s segment #ith ,ahindra Naistar, the joint enture #ith International Truc+, U(A! ,F,Ds automotie diision ma+es a #ide range of ehicles including ,U<s, :C<s and three #heelers! It offers oer 57 models including ne# generation multi' utility ehicles li+e (corpio, and the Bolero ! At the 577C $elhi Auto (ho#, ,ahindra %"ecuties said the company is pursing an aggressie product e"pansion program that #ould see the launch of seeral ne# platforms and ehicles oer the ne"t three years, including an entry' leel (U< designed to seat fie passengers and po#ered by a small turbo diesel engine! True to their #ord, ,ahindra F ,ahindra launched the ,ahindra 3ylo in ;anuary 577G, and as of june 577G, the 3ylo has sold oer 4>777 models! The U( based *eputation Institute recently ran+ed ,ahindra among the top 47 Indian companioes in its I)lobal 577& The ?orlds best Corporate *eputationsDlist! AB,10::! 4! Bombay Chamber )ood Corporate Citi-en A#ard for 577@'7B 5! Business#orld /ICCI'(%$/ Corporate (ocial *esponsibility A#ard ' 577B 6! $eming 0ri-e =! ;apan Juality ,edal in 577B I.T. CENTRE, N.B.U Page 5 M)056::! ,ahindra Bolero ,ahindra Bolero Camper ,ahindra Bolero Inspira ,ahindra Bolero (tinger Concept ,ahindra (corpio ,ahindra (corpio )ate#ay ,ahindra (corpio /irst ,ahindra 3ylo ,ahindra legend ,ahindra ,,>>7 3$ ,ahindra'*enault :ogan (in cooperation #ith *enault) ,ahindra A"e ,ahindra ,ajor ,ahindra (ouenir Concept ,ahindra Commander ,ahindra )rand <itara ,ahindra $I ,ahindra Cab Chassis I.T. CENTRE, N.B.U Page 6 C)15 B*:./5:: A7+.?.+.5: Automotie /arm %1uipment (ystech /inancial (erices Information Technology Infrastructure $eelopment After',ar+et T#o'?hellers ,ahindra 0artners $iision (peciality (erices C)88*/.+3 I/.+.,+.?5: ,ahindra United ?orld College 2f India ,ahindra united, a football club based in ,umbai, ,aharasthra ,ahindra /oundation I.T. CENTRE, N.B.U Page 7 LAUNCHING OF MAHINDRA XYLO To build a car that has eerything the customerDs #ants, it is essential to understand #hat he #ants first! This had been the basic principle behind the 3ylo! They started #ith the customer! To this end they spent time #ith car users, across the country, obsering their interaction #ith cars! ?e #atched ho# they entered ehicles, #hat they did inside, #hat they loo+ed for! They noted do#n complaints and identified need gaps! And then they started building the 3ylo from the inside out! This is the first time in India #here passenger compartment #as designed #ell before the e"teriors of the car! %ery single learning #as incorporated on a #ooden buc+ (a moc+ car interior #ith instrumental panel, steering #heel and seats)! This #as then tested #ith car customers for further feedbac+ and only after integrating eery desired feature into interior did #e start #ith the e"terior! The result #as a car that #as fluent in form and function! A car that #as truly #orld class and a car that #as in sync #ith the peoples re1uirements! ,a+ing the ,ahindra 3ylo meant challenging the limitations of eery car before it! It meant determining the needs of our consumers and pioneering technologies to meet those needs! The ,ahindra 3ylo #as meant to be built around you, out of your needs! I.T. CENTRE, N.B.U Page 8 It too+ 4@7 engineers to do just that! %ngineers that #ere handpic+ed from across the country! %ach of them regarded as an e"pert in their o#n field of automobile deelopment! The engineers spent time #ith customers across the country, obsering their interaction #ith ehicles! They identified need gaps and inented solutions to fill in these gaps and the result #as IndiaDs first car to be built out! %ery need #as catered to, eery re1uirement met and once the interiors #ere done, the e"teriors began! A lot of research and deelopment has gone into bringing the ,ahindra 3ylo from the dra#ing board to Ion roadD! And eery manufacturing process has been optimised to handle this special carDs special re1uirements! :i+e the body assembly procedures that are fully automated to ensure incredible leels of accuracy! (o you can be sure that e"tra thought and effort hae gone into ma+ing the ,ahindra 3ylo perfect in eery #ay! ,ahindra F ,ahindra :imited launched their latest ,ulti <ehicle (,U<) K3yloL in India on ;anuary 46,577G! The car boasts of haing all the lu"urious features that are seen in todayDs sedans #ith the ample space of a utility ehicle! 3yloDs muscular stance contributes to its commanding road presence! /ully pac+ed #ith the latest features the ,U< is sure to impress Indian consumers and proide a stiff competition to other ehicles #ithin its class! P51@)18,/75 O@ M,-./01, X36) Under the hood of ,ahindra 3ylo lies a ='cylinder turbo charged, m%agle diesel engine #hich generates a po#er of 445bhpM6C77 rpm and a pea+ tor1ue of 5= +gm M 4C77'6777 rpm! The po#erfull engine is deeloped on the N%/ C*$e platform and is mated to >'gears manual transmission! The car accelerates from rest to @7 +mAh in just >!C seconds! I.T. CENTRE, N.B.U Page 9 SPECIFICATION:! %ngine m%agle C*$e m$I C*$e /uel $iesel $iesel Injection Common rail Common rail %ngine capacity (cc) 5=GC 5=GC 0o#er C6!5+? (445 bhp) M6C77rpm @G!>+? (G> bhp) M6@77 rpm Tor1ue 5@7Nm M4C77'6777rpm 557Nm M4=77'5@77 rpm /ront Bra+e $isc $isc *ear Bra+e $rum $rum /ront (uspension Independent coil spring Independent coil spring *ear (uspension ,ulti'lin+ coil spring ,ulti'lin+ coil spring Turning radius (m) >!= >!= Tyre si-e 54>AB>*4> (6C4 mm) 57>A@>*4> (6C4 mm) I.T. CENTRE, N.B.U Page 10 NEED FOR THE STUDY Today costumers are facing a gro#ing range of choice in the different brands of products and serices! They are ma+ing their choice on the basis of their perceptions of brand, 1uality serice and alue! The company has to adopt strategies to +eep brand in consumerDs memory! A strong brand a#areness means easy acceptance of ne# products! An organi-ation has to measure the leel of a#areness of the potential customers and has to adopt different strategies to enhance the a#areness leel and to identify the appropriate promotional tool! Brand a#areness is asset #hich brand managers create and enhance to build brand e1uity! It is related to the nature and features of product! It leads to brand strength #hich is constituted by measuring the ariable li+e leadership, stability, ,ar+et, geographic, trend, support and protection etcN Creating brand a#areness #ith the use of adertising, promotion eent management etcN a different brand has different +ind of a#areness #hich retains recognition! Brand a#areness satisfies a need of the consumer! A consumer as aims, ambitions, motiation dries and desire! Consumer feels more po#erful #hen he uses the brand! (atisfactions or preference for a brand sho#s ho# loyal the consumer is li+ely to be brand! In todays competitie business scenario #here eery companies product is competing #ith each other retaining loyal customer is an essence for #hich increasing the leel of brand a#arness is ery ital! I.T. CENTRE, N.B.U Page 11 This study is not concerned only #ith brand a#areness but deals also #ith other facts! It includes a #ide preie# of /rom #here did the potential customers come to +no# about the productO ?hich media is effectie in communicating the message to the potential customersO $id the potential customers feel that the brand is important to purchaseO ?hich attribute of the product drie the potential customer to prefer the particular product!O $id the potential customers felt that the branded product matches their e"pectationsO 9o# the brands influence the mar+etO ?hat is the effect of the competitorDs productO Are the potential customers satisfied #ith the brand, price, 1uality etcNO I.T. CENTRE, N.B.U Page 12 STATEMENT OF THE PROBLEM In the emerging +no#ledge based economy it has become necessary to +no# ho# much mar+et po#er lies #ith the brand name! The study of brand a#areness is essential in mar+eting planning! Customer needs and preferences +eep changing #here brands ultimately command customerDs loyalty! The realistic side of the problem is to +no# the acceptance leel of the brand a#areness to#ards the product! This study #ill help us to understand the brand a#areness and #hat problems are being faced by the consumers, to #hich appropriate measures to be ta+en to sole the problems! This project has mainly been ta+en up to understand the brand a#areness, buying moties to ensure the KBrand a#areness to#ards ,ahindra 3yloL apart from this, it is to understand the ne# opportunities in the mar+et for the improement of brand a#areness and sales to#ards the products I.T. CENTRE, N.B.U Page 13 OB%ECTI$ES OF THE STUDY The main objectie of any business is to ac1uire larger mar+et share ,or higher percentage of sales in the Industry, This could be only achieed by building a higher percentage of brand loyal customers! Any company can surie through the stiff competition of the mar+et if its has brand loyal customer! Today many major companies in the mar+et has brand loyal customers and they adopt many strategies to maintain and improe there branded e1uity! ?ithout creating a proper Brand a#areness they cannot build brand image! (trong brands help build the corporate image and also by ma+ing it eager for the companies launch ne# brands! Today brands are treated, as major enduring assets of a company'more oer brand e1uity are major contributor to customer e1uity! This all can happen only there is proper brand a#areness! The light four #heeler industry has been e"panding rapidly are gone the day #hen possessing a small and mid'si-e cars #as seen as a lu"ury! No# days it is ie#ed as a mere necessity! I.T. CENTRE, N.B.U Page 14 T-5 :+*03 -,: (55/ 7)/0*7+50 B.+- +-5 @)66)B./> )(C57+.?5: ./ 8./0:! To judge the a#areness leel of the prospect customer! To +no# ho# they are a#are regarding the product! To judge in #hich #ay they hae deeloped the a#areness! To judge #hich promotional tool is effectie to increase the a#areness leel among the people! To see #hether brand a#areness influences the buying behaiour or not! ?hat factors and ariables of brand influence them to purchase! To +no# ho# to maintain and improe brand a#areness and to build brand loyalty! I.T. CENTRE, N.B.U Page 15 RE$IEW OF LITERATURE Uaisui .(B, Calicut conducted a study on Brand A#areness, #ith special reference to ,aruti *it- at Indus ,otors in his study he tried to find out the Kinfluence of Brand A#areness on buying behaiourL and through his e"tensie analysis concluded that brand a#areness has a real and significant influence on the buying behaiour of the customers! ,adu+ar N conducted a study on K Brand A#areness to#ards (antro 9yndaiL from A8( 9yndai in the city of <isa+hapatnam in his study he concluded that the brand a#areness of santro 9yndai #as 1uite high and the brand #as facing a tough competition from other small car industries li+e ,aruti, ford etc! I.T. CENTRE, N.B.U Page 16 METHODOLOGY OF THE STUDY The study is conducted empirically using both primary and secondary data! 0rimary data #as collected #ith the help of #ell structured 1uestionnaire! Around >7 potential customers #ere sureyed to understand the brand a#areness leel of ,ahindra 3ylo in an around (iliguri!All the persons interie#ed #ere in the age group aboe 5> years! It has been deliberately decoded to conduct the surey among this age group because they are the people #ho are generally loo+ing ahead for the purchase of a four'#heeler! ,any of these persons interested are either businessmen or professionalsP fe# of them are corporate managers also! The secondary data is collected from ,ahindraDs #ebsite and by going through their corporate records, brochures and annual reports of the company along #ith their ne#sletters #ere used to substantiate the information! The details about the four'#heeler mar+et are collected from a fe# speciali-ed maga-ines li+e Auto India etc! to get information regarding the organi-ation and products! I.T. CENTRE, N.B.U Page 17 PRIMARY DATA:! 0rimary data has been collected through 1uestionnaires! The 1uestionnaire #as mostly related to the brand a#areness to#ards ,ahindra 3ylo on different feature such as the model, price, effectieness of the brand etc! SECONDORY DATA:! (econdary data has been ta+en from bello# sources& 4! *eports 5! 0amphlets 6! Adertisement =! Ne#spapers >! Internet I.T. CENTRE, N.B.U Page 18 SAMPLING:! The sample of >7 has been chosen randomly from in an around siliguri, the people residing in an around siliguri are considered as the population for the study! SAMPLE SI#E:! The sample si-e of >7 is selected randomly! The study re1uires on in depth surey and +een obseration in collecting data regarding the brand a#areness leels of ,ahindra 3ylo! SAMPLING TECHINIDUE:! 2nly simple random sampling techni1ue is adopted in selection the sample! In this techni1ue, each and eery unit of the population has on e1ual opportunity of being selected in the sample DATA COLLECTION PROCESS:! Based on need and objecties, types of data re1uired for study and other sources of data are identified! I.T. CENTRE, N.B.U Page 19 D,+, B,: 7)6657+50 B.+- +-5 -564 )@ +-5 9*5:+.)//,.15: I.T. CENTRE, N.B.U Page 20 GRAPHICAL REPRESENTATION OF SUR$EY 1=H,?5 3)* -5,10 ,()*+ M,-./01, X36)E SAMPLE SI#E 50 $ata 0rimary $ata 2bseration Juestionnaire (econdary $ata Inside the 2rgani-ation Ne#s :etters $ocuments 2utside the 2rgani-ation :ibraries, ,aga-ines etc /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% 8%( =6 =6Q477A>7 C@H N2 B BQ477A>7 4=H 86% 14% Percentage YES NO A/,63:.:&' The project underta+en to +no# the brand a#areness leel of ,ahindra 3ylo #as conducted in an around siliguri #ith the sample si-e of >7 through 1uestionnaire #hen the respondent #ere as+ about #hether they had heard about ,ahindra 3ylo or not =6 people out of >7 responded that they had heard about the product and the rest B people had not heard about the product henceforth C@H of people had heard about the product #hich means that the product ,ahindra 3ylo is a #ell recognised and to some e"tent is a popular product among the people! I.T. CENTRE, N.B.U Page21 "' W-515 -,?5 3)* -5,10 ,()*+ .+E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% Teleision 47 47Q477A=6 56H 9oardings 4> 4>Q477A=6 6>H Ne#spapers F C CQ477A=6 4GH ,aga-ines /riends F *elaties > >Q477A=6 45H 2thers > >Q477A=6 45H A/,63:.:&' (ince out of the total >7 sample chosen only =6people had heard about the product so therefore this 1uestion #as analysed ta+ing this =6 people and #hen this people #ere as+ed about #here they had heard about the product 47 out of =6 that is 56H people responded that they came to +no# about the product through Teleision, 6>H people said they came to +no# about the product through hoardings, 4GH people respondent that they came to +no# about the product through ne#spapers and maga-ines and 45 H people through /riends F relaties and the rest 45H through other sources! Therefore after the analysis it #as clear that the majority of people came to +no# about the product through Teleision and hoardings! I.T. CENTRE, N.B.U Page22 &' H)B )@+5/ -,?5 3)* -5,10 )1 :55/ .+E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% ,any Times 47 47Q477A=6 56H 2ften 45 45Q477A=6 5CH (ometimes 4@ 4@Q477A=6 6BH 2thers > >Q477A=6 45H A/,63:.:&' #hen the sample #as as+ed about ho# often hae they heard or seen the product 47 out of =6 that is 56H people responded that they hae heard about or seen the product many times 5CH people that is 45 out of =6 people said they hae often heard about the product ,4@ out of =6 people that is 6BH of the total sample respondent that they hae heard or seen the product sometime and 45H that is > out of =6 people responded that they hae neer heard or seen the product !Therefore after the analysis it #as seen that the majority of people hae seen or heard about the product sometimes! I.T. CENTRE, N.B.U Page 23 4' H,?5 3)* 0)/5 +-5 +5:+ 01.?5E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% 8es 6 6Q477A=6 BH No =7 =7Q477A=6 G6H A/,63:.:& #hen the sample #as as+ed about #hether they hae done the test drie or not it #as found that only 6 people out of =6 that is BH of the total sample had actually done the test drie and the rest =7 people or G6H of the people had not test drien ,ahindra 3ylo #hich proed that the people #ho had ta+en test drie in an around siliguri are ery less! I.T. CENTRE, N.B.U Page 24 5' D.0 3)* 6.F5 +-.: 41)0*7+ )@ M,-./01,E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% 8es 5@ 5@Q477A=6 @7H No G GQ477A=6 54H Not (ure C CQ477A=6 4GH A/,63:.:&' #hen the sample #as as+ed about #hether they li+ed the product or not 5@ people that is @7H of the total sample replied that they li+ed the product and 54 H people said they did not li+ed the product and 4G H of #ere not sure regarding their preference, 9enceforth through the analysis it #as seen that a sufficient number of people li+ed ,ahindra 3ylo! I.T. CENTRE, N.B.U Page 25 6' D) 3)* )B/ , 451:)/,6 7,1E SAMPLE SI#E:50 /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% Yes No PERCENTAGE 8es 4@ 4@Q477A>7 65H No 6= 6=Q477A>7 @CH A/,63:.:&' The analysis #as made ta+ing the #hole sample i!e >7 people and #hen the sample #as as+ed about #hether they o#n a personal car or not it #as found that 65H of the people that is 4@ people out of the sample o#ned a personal car and the rest @CH people that is 6= people does not o#n a car after the analysis done on the basis of the sample it #as found that not a huge number of people o#ned a personal car! I.T. CENTRE, N.B.U Page 26 7' D) 3)* B.:- +) 4*17-,:5 M,-./01, X36)E
SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% 8es C CQ477A=6 4GH No 4> 4>Q477A=6 6>H Not $ecided 57 57Q477A=6 =@H A/,63:.:&' #hen the sample #as as+ed about their #ish to purchase the product 4GH of the total sample that is C people replied that they #ish to purchase the product, 6>H that is 4> people said they do not #ish to purchase the product and =@H replied that they hae not decided anything regarding the product, after the analysis #e came to +no# that the people #ho #ished to purchase the product is ery nominal! I.T. CENTRE, N.B.U Page 27 G' I@ /) B-.7- 7)84,/.5: 7,1 ,15 3)* 46,//./> +) 4*17-,:5E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% Tata 6 6Q477A=6 BH 9yndai B BQ477A=6 4@H Toyota 4> 4>Q477A=6 6>H ,aruti > >Q477A=6 45H 2thers 6 6Q477A=6 BH Not $ecided 47 47Q477A=6 56H A/,63:.:&' The analysis for this #as ta+en #ith the help of open ended 1uestion and the people #ho #ere sureyed #ent a long #ay describing their #ishes for different companies product #hich included a long list of li+e Tata, 9yundai, Toyota, ,aruti, and etc and out of the total sample 56H replied that they hae not planned to purchase a car and out of the long list of companies 6>H respondent laid their #ish or plan to purchase a product of Toyota, proing that the product of Toyota are pretty much popular amongst the people in an around siliguri! I.T. CENTRE, N.B.U Page 28 G! W-3 0) 3)* B,/+ +) 4*17-,:5 +-.: (1,/0E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% ,ileage = =Q477A=6 GH 0rice 6 6Q477A=6 BH Comfort 4= 4=Q477A=6 66H (tyle 47 47Q477A=6 56H 2thers 45 45Q477A=6 5CH A/,63:.:&' ?hen the sample #as as+ed #hy do they #ant to purchase the brand ,ahindra 3ylo or #hat is the attribute #hich enforces him or her to ma+e the purchase decision 65H responded they #ere drien by the comfort of the product, 56H mention that the #ere drien by the style and 5CH gae the other reasons and the factors li+e price and mileage #ere highlighted ery less by the respondent! I.T. CENTRE, N.B.U Page 29 10' D) 3)* F/)B +-5 6)>) )@ M,-./01,E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% 8es 5C 5CQ477A=6 @>H No B BQ477AA=6 4@H Not (ure C CQ477A=6 4GH A/,63:.:&' ?hen the sample #as as+ed #hether they +no# the logo of ,ahindra or not 5C people out of =6 people that is @>H replied that they +no# the logo of ,ahindra and 4@H of the sample that is > people said they do not +no# the logo of ,ahindra and 4GH #ere not sure! I.T. CENTRE, N.B.U Page 30 11' C,/ 3)* 157,66 ,/3 ,0?51+.:./> )@ M,-./01, X36)' SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% 8es 54 54Q477A=6 =GH No B BQ477A=6 4@H Not (ure 4> 4>Q477A=6 6>H A/,63:.:&' 2n sureying #hether the people can recall any adertising of ,ahindra 3ylo it #as found that 54 people that is =5H of the total sample can recall the adertising, 4@H that is B people could not recall the adertising and 6>H replied they #ere not sure, henceforth after the analysis it #as seen that the adertisement had been effectie and stayed in the memory of most of the people! I.T. CENTRE, N.B.U Page 31 1"' W-,+ .: +-5 8,./ +-./F 3)* 7,/ 157,66 @1)8 +-,+ ,0?51+.:./>E SAMPLE SI#E:"1 /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% (pacious C CQ477A54 6CH Interiors = =Q477A54 4GH (tyle 6 6Q477A54 4=H Comfort @ @Q477A54 5GH A/,63:.:&' This 1uestion #as ans#ered by only those respondent #ho could recall the adertising of ,ahindra 3ylo, this included 54 people and after the analysis it #as found that the respondent remembered different ariables such as the carDs interiors, its (tyle, Comfort, glamour, its appearance, its features and many other things! I.T. CENTRE, N.B.U Page32 1&' W)*60 3)* 6.F5 +) 157)885/0 +-.: 41)0*7+: +) )+-51:E SAMPLE SI#E:4& /*%JU%NC8 CA:CU:AT% 0%*C%NTA)% 8es 4C 4CQ477A=6 =5H No 5 5Q477A=6 >H Not (ure 56 56Q477A=6 >6H A/,63:.:&' ?hen the people #ere as+ed #hether they #ould recommend this product to others4C people that is 6@H replied they #ould recommend this product to others, =H replied in a negatie #ay , =@H that is 56 people said they #ere not sure an d4=H that is the remaining B people of the sample did not too+ part in the 1uestion! I.T. CENTRE, N.B.U Page 33 CONCLUSION
Accomplishing this project on brand a#areness #as an e"cellent and +no#ledge gaining e"perience for me! $espite small sample si-e for 1uestionnaire this project helped me to +no# the ie# of customer and common people to#ards the brand a#areness of ,ahindra 3ylo! Brands are no# a central feature of consumer mar+eting, they are important in building long'term relationships #ith the consumer, irrespectie of the type of mar+et! Their importance is no# also being recogni-ed in other mar+ets including serice and industrial! Inesting in a brand builds consumer confidence and loyalty and allo#s for brand stretching! It re1uires a consistent and long'term strategy! 2nly a fe# brands hae emerged as truly global! In conclusion I #ould say that the brand (,ahindra 3ylo) is 1uite +no#n to peoples! ,ahindra 3ylo has built its brand a#areness among a relatiely large number of people in an around siliguri! The customers are a#are largely of the product #ith the help of Teleision and 9oardings and the product still has a #ay to increase its adertising channels to reach the relatiely large number of people! The products adertising in the hill stations around siliguri is relatiely less and also its a#areness! At last I #ould li+e to than+ my project co'ordinator ,r! (uamay Bho#mic+ and the sales manager for their guidance and support! I #ould also li+e to than+ all the people #ho hae been so co'operatie through out the surey! I.T. CENTRE, N.B.U Page 34 FINDINGS The follo#ing details can be inferred after analysis #ith a simple si-e of >7 #hich included customers, by 1uestionnaire method to find out the brand a#areness to#ards ,ahindra 3ylo #ith reference to .ho+an ,otors! The a#areness leel of ,ahindra 3ylo in an around (iliguri is 1uite high! The promotional strategy of ,ahindra 3ylo is effectie in the form of electronic media and mass media ,ost of the customers are a#are of adertising campaign that are being conducted by ,ahindra 3ylo! Brand a#areness has a real and isible impact in the buying behaiour of the people! Though the customers are haing good a#areness leels regarding the product they are not in a frame of mind to purchase it because of arious reasons! ,ahindra 3ylo is facing a tough competition from the competitors #ith the same +ind of products! The scale of adertising to promote ,ahindra 3ylo is not satisfactory and has to implement the arious medium to offer adertising of the product! I.T. CENTRE, N.B.U Page 35 SUGGESTIONS (uggestions are done on the basis of finding and analysis of data collected through 1uestionnaire&' In order to promote sale in highly competitie auto mar+et attractie schemes such as cash discount, complementary gift, luc+y dra#s, etc! can be gien to the customers! Customers should be contacted at a regular interal through phone calls and free sericing of the cars to as+ them if they are facing any problems #ith the car as because post sale #ith the customers may be ery important to maintain customers satisfaction! Adertising plays a ery important role n increasing the a#areness and in reminding the customer about the products and serices offered by ,ahindra 3ylo! 9ence adertisement about the firm and its products and serices must be aired on local T!< channels as #ell as in ne#spapers and maga-ines! (ince the people tends to forget the adertising of a particular product a reminder message has to be enforced in a regular interal and in a proper media #hich #ould reach a large number of potential customers! As from the inference #e can see that the most important criteria for selection of the car is its performance #hich includes price, mileage, speed, bra+ing efficiency, maintenance, etc! There #ould be definite increase in the sale of the car if this point #ould be loo+ed into and improed! I.T. CENTRE, N.B.U Page 36 B.(6.)>1,4-3 S)85 )@ +-5 B5(:.+5 ,/0 8,>,H./5: 15@51150 (3 85 +) 7)8465+5 +-.: 41)C57+' W5(:.+5::! www.mahindra.com www.scribd.com www.questionpro.com www.google.com M,>,H./5::! C)84,/.5: B1)7-*15: 2 M,/*,6:' M,>,H./5: O?5101.?5 B*:./5:: T)0,3 B))F::! M,1F5+./> R5:5,17- ! G'C B51. M,1F5+./> M,/,>585/+! P-.6.4 K)+651 M,1F5+./> M,/,>585/+! $'S R,8,:B,83 2 S' N,8,F*8,1. I.T. CENTRE, N.B.U Page 37 DUESTIONAIRE ON BRAND AWARNESS OF MAHINDRA XYLO I, the student of I!T! Centre, North Bengal Uniersity, am conducting brief surey to find out the brand a#areness leel of ,ahindra 3ylo! I #ould be highly grateful to you if you #ould proide your genuine response by putting a tic+ mar+ in a releant bo"! I sincerely than+ you for your humble co'operation! (tudent I!T!Centre, N!B!U! 4)9ae you heard about ,ahindra 3yloO 8es No 5)?here hae you heard about itO Teleision 9oardings Ne#spapers F ,aga-ines /riends F *elaties 2ther 6)9o# often hae you heard or seen itO ,any Times 2ften (ometimes Neer =)9ae you done the test drieO Yes No I.T. CENTRE, N.B.U Page 38 >)$id you li+e this product of ,ahindraO 8es No Not (ure @)$o you o#n a personal carO 8es No B) $o you #ish to purchase ,ahindra 3yloO 8es No Not decided C)If no than #hich companies car are you planning to purchaseO '''''''''''''''''''''''''''''''''''''''''''''! G)?hy do you #ant to purchase this brandO ,ileage 0rice Comfort (tyle 2thers 47)$o you +no# the logo of ,ahindraO 8es No Not (ure 44)Can you recall any adertising of ,ahindra 3yloO 8es No Not (ure 45)?hat is the main thin+ you can recall from that adertisingO ''''''''''''''''''''''''''''''! 46)?ould you li+e to recommend this products to othersO 8es No Not (ure I.T. CENTRE, N.B.U Page 39 4=) 0ersonal Information&' Name&' Age&' Aboe @7 =7'>7 67'=7 Belo# 67