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A Project Report On Existing Customers Profiles and Opinions OF Tvs Motors
A Project Report On Existing Customers Profiles and Opinions OF Tvs Motors
A PROJECT REPORT ON
EXISTING CUSTOMERS PROFILES
AND OPINIONS
OF
TVS MOTORS
Submitted to:
ST.
BEDES COLLEGE SHIMLA
Acknowledgment
Through this column I would like to express my sincere gratitude to the individuals
concerned for their immense support in making this project successful.
First of all I would like to thank my project guide and coordinator PROF.
JASPREET KAUR ST. BEDES COLLEGE. I extend my heart felt gratitude to
her for providing me guidance and sharing her experience and knowledge.
I would like to thank PROF. JASPREET KAUR for extending her timely and
unconditional help for making my project a success.
I also owe my gratitude to my beloved parents who constantly motivated, inspired
& encouraged me during the entire course of my study. It would not have been
possible for me to complete the project accurately without their help.
Sushmita Snatoo
BBA III
ST.
BEDES COLLEGE SHIMLA
Declaration
I SUSHMITA SNATOO, do here by declare that this project on EXISTING
CUSTOMER PROFILES AND OPINIONS. Has been compiled by me under
the able guidance and supervision of my guide PROF. JASPREET KAUR along
with the support of my family, I assure that this original and genuine piece of work
and has not been submitted anywhere else for the accrual of any other degree or
diploma.
DATE:
PLACE: SHIMLA
ST.
BEDES COLLEGE SHIMLA
Certificate
This is to certify that the project on EXISTING CUSTOMERS PROFILES
AND OPINIONS OF TVS MOTORS. has been compiled by SUSHMITA
SNATOO of BBA III under my guidance and supervision. She has submitted this
project in the partial requirement for the award of the degree of BACHELOR OF
BUSINESS ADMINIDTRATION. This is original and genuine piece of recent
work to the best of my knowledge.
ST.
BEDES COLLEGE SHIMLA
CONTENTS:
CHAPTER-1: INTRODUCTION
17
25
28
41
55
CHAPTER-8: SUGGESTION
60
APENDIX
BIBLIOGRAPHY
This chapters has given a blue print of the whole study, having
understood, the researcher is persuaded to identify the profile of
TVS Motor Company and to relate its strength in improving customer
satisfaction
ST.
BEDES COLLEGE SHIMLA
CHAPTER I
INTRODUCTION OF
THE
STUDY
ST.
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ST.
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What is Customer?
A Customer is not dependent on us We are dependent on him
A Customer is not an interruption of our work. He is purpose of if it we are not doing a favour by
giving us the opportunity to do so? A Customer is not someone to argue or match with. Nobody
ever won an argument with a customer
A Customer is a person who brings us his wants it is our job to handle them profitably to him
and to ourselves. Today more companies are recognizing the importance of satisfying and
retaining customer. Satisfied customer constitute the company's relationship capital. If the
company were to be sold, the acquiring company would have to pay not only for the plant and
equipment and the brand name, but also for the delivered customer base, namely the number and
value of the customer who would do business with the new firm
Customer opinion
In recent years many companies shifted their attention from products and services to Customer
care. Maintaining a privileged relationship with the Customer has become nowadays an absolute
priority. It is a widely acknowledged that such a relationship presupposes full knowledge's of
Customer Orientation, Opinion, Wishes etc. This holds true whether the Customer is an actual or
potential one
ST.
BEDES COLLEGE SHIMLA
Customer Loyalty and Service Quality, which have been identified as key areas to understanding
why Customers buy your products and services
IMPORTANCE
We have heard that the Customer is always right. You may or may not agree that statement, but
every thought to agree that Customers and Customers opinions hold a very important place in
our lives. After products and services our businesses close down and we all pack up to go home.
The faster you can adapt to accommodate Customer needs, the stronger your company's
reputation
CUSTOMER SERVICE
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BEDES COLLEGE SHIMLA
Customer and Business Managers like to talk about what good customer service is. Accepting
this definition means expanding our thinking about customer service, not just those aspects of
our business that involve face-to-face Customer contact
Improving Customer service involves making a commitment to learning what our customer's
needs and wants are and developing action plans that implements Customer friendly processes
CHAPTER II
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PROFILE OF
THE
COMPANY
ST.
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TVS Motor is located at Hosur and Mysore. At present TVS Apache, TVS Victor, TVS Scooty,
TVS Central and TVS Fiero are the popular Bikes in Indian Market
These products are developed domestically via technical collaboration with globally renowned
partners. Regardless of market conditions and business environment dynamics. TVS Motor
releases six to ten new products annually to address the broad based requirements of Indian
market. It is the flagship company of the $4 Billion TVS Group
TVS Motor strives for manufacturing excellence and innovation in research and development
( R& D)
ST.
BEDES COLLEGE SHIMLA
TVS and Sons represents premier automotive companies like Ashok Leyland, Mahindra and
Mahindra Ltd and Honda. The company is also one of the leading logistics solution provides and
has setup state of the warehouses allover the country. TVS and SONS has also diversified into
distributing a range of Garage equipments
2. Sundaram Motors
Sundaram Motors distributes Heavy Duty Commercial Vehicles, Cars, and Auto spare parts for
several leading manufacturers.
The company is also the Dealer for Ashok Leyland, Honda, Fiat, Ford and Mercedes Benz
3. Madras Motor Services
Madras Auto Services distributes automotive spare parts for all leading manufacturers
FEATURESOFTVS
KICK STARTER WITH BUILT SAFETY DEVICES
The TVS is equipped with an electronic starter for quick starting however it works only when
either of the brakes is applied. This is as safety. Besides the kick-starter is also provided
ELECTRONIC IGNITION
A maintenance free ignition system facilities proper working of the engine at all time, resulting
in
Quick starting
Optimum free consumption
Low air pollution
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FUEL CONSUMPTION
TVS gives 60kms per litre under standardizes driving conditions
STRONG STEEL BODY
All External parts of the body are made of steel. These parts cover the engine and the
transmission which is centrally mounted on a strong tabular frame
BRAKE LIGHT
An added safety feature is powerful brake light connected to both the front and rear brakes
AUTOMATIC FUEL COCK
As soon as engine starts the fuel cock automatically opens. It closes immediately when the
engine stop and prevents the carburettor from over flooding and also reduces petrol wastage. A
fuel gauge is on the instrument panel indicates the fuel quantity in the tank and saves a rider from
the trouble of guessing the petrol quantity.
AUTO-CHOCK
The carburetor is equipped with an auto-bi-starter(chock) which does that have to be operated
manually. The chock depends on the engine and atmospheric temperatures for starting both the
petrol and air mixture are controlled during this operation. There is no difficulty to start the
vehicle during winter season
SEAT
A dual seat encompassing moulded latex from rubber provides for additional comfort. Because it
is moulded, it does not go out of shape. As it eliminates springs, the spring losing tension and
other allied problems are avoided. The seat is lockable and locks the fuel and oil tanks making
them pilfer proof
ST.
BEDES COLLEGE SHIMLA
2) TVS Motor Company report turnover of Rs.939.62 corers record 26% growth
3) TVS Motor Company sales up by 23%
4) TVS Bikes sales up by 53%
ST.
BEDES COLLEGE SHIMLA
TVS-50
Centra
Apache
Fiero FX
Max 100
Fiero F2
Scooty
Scooty Pep
Spectra
Star Sports
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Star City
Star DLX
Suzuki Fiero
Victor
Victor GLX
XL Super
Teenz., etc
INFORMATION TO SUBSCRIBERS
~ Address, Phone number, Web Address
~ Earnings/ Dividend
~ Employees
~ Exchange listed
~ Financial Ratio Analysis
~ Recent Stock Performance
~ Sales(recent years), Senior Offices
~ Shareholder Information, Stock Analysis Summary
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BEDES COLLEGE SHIMLA
(3) Don't let other motorist's surprises. Use extra caution intersections, parking lot entrances and
exists and derive ways.
(4) Keep both hands on the handlebars and both feet on the foot rests while riding.
(5) Never shift gears without applying the clutch.
(6) The luggage track and basket are primarily for light weight items. Make sure cargo is secure
and will not shift while riding.
PROTECTIVE APPAREL
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(1) Most Motorcycle accident fatalities are due to head injuries. Always wear a Helmet. You
should also wear a face shield or goggles as well as beets, gloves and protective clothing
(2) The exhaust system becomes very heat during operation and it remains hot after operation.
Never touch any parts of the exhaust system. Wear clothing that fully covers your legs
(3) Do not wear clothing which could catch on to the control levers, kick-starter, foot rests or
wheels
SCOPE OF WARRANTY
TVS Motor Ltd warrants all its Motorcycle assembled or manufactured in its Hosur plant and
Mysore plant and sold through its authorized Dealers to be free under normal use and conditions
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ST.
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from any defect both in material and workmanship subject to the following terms and conditions
All TVS Motorcycles are warranted for a period of 2 years or 30,000 kms from the
date of purchase, whichever is earlier
It is mandatory to avail all free and paid service as per the recommended schedule to
be eligible for the warranty benefits. Please ensure that each paid service is availed
within 60 days from the date of previous service
If a defect is observed in any TVS Motorcycle, TVS's only obligation to repair or
replace those parts which are considered to be the cause of malfunctions free of
charge of both labour and material
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LIMITATIONS OF WARRANTY
CHAPTER III
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INDUSTRY
PROFILE
TataMarutiSuzukiTelcoBajajHondaToyotaMitshubishiHyundaiMahindraFor
dVolvoleatherbatterycomponentsrubbertyreshowroomdesignbrak
eenginefinancescootertractorsMumbaiDelhiKolkataChennaiBangaloreHydera
badSundaramTVSconsumerassociationAsiaMercedescoach
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CHAPTER IV
REVIEW
OF
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LITERATURE
REVIEW OF LITERATURE
The main purpose of the chapter is to provide a review of literature relating to this study
"Of the dozen of categories of human action working, sleeping, mating, hitting, breathing,
buying and so forth the one of primary importance to the marketer is buying"
1. "Buyer behavior is all the psychological, social and physical behavior of potential customers
as they become aware of , evaluate, purchase, consume, and tell other people about products and
services"
2. "At any given time a person may be faced with a number if motives, but that he probably
cannot act on all of them at the same time. Therefore, each person has a hierarchy of motives,
with the motives arranged in ascending order according to their importance"
1. Wohdgst. E. H., "Do Husbands or Wife's make the purchase decisions" Journal of Marketing,
October, 1958pp. 151-158
2. Webster, Fredrick. F, marketing for manager, 1947p
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The most urgent motive is outer upon first. Motives representing wants and desire, lower in
hierarchy, remain unsatisfied at least temporarily"
3."Money, Vanity, Acquisitiveness, Rivalry, Comfort, Adornment cleanliness, Companionship,
Collecting, Amusement, Sensual gratification, Construction. Aggrandizement, Mental culture,
Affection, Social achievements, Ambitions, Inhavitiveness, Reverence, Romance, Aesthetic
tastes, Sex, Limitations, Curiosity, Patriotism and so on"
4. "The behaviour that consumers display in search for, purchasing, using and evaluating
products, services and ideas which they expect will satisfy their needs"
5. "Many students have concentration on finding on common factors that more or lessdetermines
the buying pattern of consumers"
6. Maslow. A. H., Motivation and Personality, 1954pp. 80-85
7. Carter. W. G., Sales counter crafi.p111
8. Sciffman. Leon. G &Lesline Lazar Khuk, Consumer behaviour pre.Hall, p.4,1978
9. Williams, Trrel.G, Consumer behaviour funds and strategies west pub. Comp.14,82. Various
models have been built but basically consumer behaviour can be explained by two approaches,
one approach proposer by behaviour that viewbehavior as a response to a given stimulus. Their
basic concern to know how organism responds in a particular way. At the other end of spectrum
is the, "cognitive approach" which assumes the buyer to be highly intelligent rational and utility
oriented. This explains the "why" and "how" of the purchasing process, the theories of buyer
behaviour have been classified into two broad categories:
1.Rational of substantive
2.Emotional or non-substantive
A buyer is emotional created i.e., the buyer buys on impulse he does not have enough
information about the product and does not make any efforts towards economic evaluation of the
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CHAPTER V
RESEARCH
METHODOLOGY
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RESEARCH
DEACRIPTIVE
METHODOLOGY
RESEARCH
the researcher wants to find out certain group characteristics of the respondents.
Meaning of Research:
Research in common refers to a search for knowledge, in other words one can also define
research as a scientific and systematic search for pertinent information on a specific topic. In
fact, research is an art of science investigation
Research is composed of two syllables a prefix re and a verb search. Re means again, anew, over
again and search means to examine closely and carefully, to test and try, to probe.
Definitions
The two words form a noun to describe a careful and systematic study in same field of
knowledge, undertaken to establish facts of principles
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MEANING
OF
MARKETING
RESEARCH
Marketing Research is the systematic gathering, recording objective search and analyzing of
valid and reliable informationrelating to the marketing of goods and services. Several factors
have contributed to the growth of marketing research: (a) to know the potential area for
manufacturer where the goods could be marketed (b) To understand buyer behavior
According to American Marketing Association, Marketing Research is the function that links
the consumer, customer and public to the marketer through information-information used to
identify and define marketing opportunities and problems, generate, refine and evaluate
marketing actions; monitor marketing performance; and improve understanding of marketing as
a process.
Marketing Research is systematic problem analysis, model building and fact finding for the
purpose of important decision making and control in the marketing of goods and services.
Marketing Research is a well-planned, systematic process which implies that it needs planning at
all the stages. It uses scientific method. It is an objective process as it attempts to provide
accurate authentic information. Marketing Research is sometimes defined as the application of
scientific method in the solution of marketing problems
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To identify the consumer preference regarding after sales service and spare parts availability
To bring out the suggestions from the customer about the vehicle
To know the awareness about TVS vehicles among the vehicle users
To study the important criteria the consumer looks for the product
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Research
Design
A good research design has the characteristics, viz., problem definition, specific methods of data
collection and analysis, time required for research project, an d estimate of expenses to be
incurred. The function of a research design is to ensure that the required data is collected and
accurately and economically. A research design is purely and simply the frame work or plan for a
study that guides the collection and analysis of data. It is a blueprint that is followed in
completing a study. It resembles the architects blueprint (map) for constructing a house. It may
be worthwhile to mention here that a research design is nothing more than the frame work for the
study ensures that: (i) the study will be relevant to the problem, and (ii) The study will employ
economical procedures .Research Design specifies the methods and procedures for conducting a
particular research. Research design can be grouped into three categories:
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BEDES COLLEGE SHIMLA
All marketing research projects must start with exploratory design. Exploratory research design
is discovery of ideas and relationship among variables. This is a preliminary phase and is
absolutely essential in order to obtain a proper definition at problem at hand. The major emphasis
is on the discovery of ideas and insight. For example, a soft drinks firm might conduct an
exploratory study to generate possible explanation. The exploratory study is particularly helpful
in breaking broad and vague problem into smaller, more precise sub-problem statement,
hopefully, in the form of specific hypothesis. There are three methods of exploratory study i.e.
(1) literature survey (2) experience survey (3) analysis of selective cases
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BEDES COLLEGE SHIMLA
To make specific prediction, e.g., sales of a companys product in each of the next five
years, and
To determine whether certain variables are associated, e.g., income and usage of a
product.
Methods
of data collection:
A questionnaire used as data collection pool the researcher interviews the research. Research in
the questionnaire filled information
Primary Data
The primary data has been collected by conducting direct interview using structured
questionnaire
Secondary Data
The secondary data are collected from books, journals, company records, internet
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Sampling Design
The area covered under the study is DEHRADUN. All elements under consideration in any field
of enquiry constitute the population and this study constitutes customers of TVS in
DEHRADUN. The population for this study is infinite
Sampling
Techniques
There are two sample techniques. They are probability sampling, non-probability sampling. In
this study, the research had adopted convenient sampling
Sampling Size Sampling size taken from the study is 150 Respondents
SCOPE
OF THE STUDY
The scope of the study is that to find out the Customer Opinions towards TVS.
To identify the sources and features, which influence the purchase of TVS
to identify the customer's views regarding maintenance and spare parts availability
The study is intended at obtaining suggestions from customers about the product
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To find out the impact of the people of the product in customer's mind with respect to
after sales service
NEED
FOR
THE
STUDY
The Indian two wheeler industry, which grew up at around 10% in the year of 1999-2000 has
been the motorcycle segment takes the lead up fortunes of the industry
The monsoon, which has the making good progress across the country, portends better from the
rural market and the availability of cheap finance boost sales
The motorcycle segment has been singularly responsible for the hyperactivity in the industry.
The TVS segment in contrast has witnessed sluggish growth with a market shift in consumer
preference to motorcycles.
Today, the entry barriers for the new players are brands, distribution network, business
economics and network of component suppliers. Besides the high import content of new ventures
makes it imperative to quicken localizations to assert cost increases with completion hooting up
in all segments a lot depends on the product offering in terms of technological superiority, style
and pricing.
Due to large growth in the population, the public transport is not sufficient. So the manufacturer
of two wheelers has got a good market for their product. TVS is a four-stroke vehicle introduced
to cater, he need of the unique customers. TVS has its own segment of market over a period of
years it has served the purpose. The study helps the researcher to find
out whatever the
customers of TVS are satisfied with the vehicle
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Analysis
and
interpretation
method
Analysis is done on the basis of sample percentage and statistical analysis.
The interpretation is done on the basis of the result of the questionnaire. The questions were
asked from the general public who uses two wheelers in their day to day activities. And from the
people who wish to buy two wheeler in future.
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BEDES COLLEGE SHIMLA
The samples have been collected from the limited number of respondents
Time achieve is considered inadequate to conduct such survey
The result of the study may not be generalized to all
Some of the respondents were non co-operative.
CHAPTER VI
DATA ANALYSIS
AND
INTERPRETATION
37
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TABLE 1
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF AGE?
AGE
(IN YEARS)
NO. OF
RESPONDENTS
% OF
RESPONDENTS
UPTO 20
22
14
21-30
73
48
31-40
33
22
41-50
12
50 ABOVE
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INTERPRETATION:
The above table 1 has showed that 48% are in the age group between 21 years to 30 years, 22%
are in the age group between 31 years to 40 years, 14% are in the age group 20 years and below,
mean while just 8% are in the age group between 41 to 50 years and remaining 8% are in the age
group above 50 years.
TABLE 2
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF
EDUCATIONAL QUALIFICATION?
EDUCATION
QUALIFICATION
NO. OF
RESPONDENTS
% OF
RESPONDENTS
UPTO HSC
14
10
GRADUATION
66
44
POST GRADUATION
63
42
DIPLOMA HOLDER
OTHERS
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INTERPRETATION:
From the analysis of the above table 2, 44% of the respondents are Graduate, followed by 42%
are Post Graduate, while 10% of respondents are Higher Secondary and below 3% of
respondents are Diploma Holders, the respondents with Other qualifications are upto the tune of
1%
TABLE 3
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF
OCCUPATION?
OCCUPATION
NO. OF
RESPONDENTS
% OF
RESPONDENTS
OFFICIAL
44
29
EMPLOYED
43
28
BUSINESS
HOUSEHOLDE
RS
54
36
OTHERS
40
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INTERPRETATION
From the above table 3, it is found that around 36% of the respondents belong to the Business
sector, whereas 29% are Official while 28% of respondents are employed, 5% of the respondents
are Household users and remaining 2% of the respondents are in the other from various
Occupations.
TABLE 4
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF MONTHLY
FAMILY INCOME?
MONTHELY FAMILY
INCOME
NO. OF
RESPONDENTS
% OF
RESPONDENTS
10
RS. 5000-10000
38
25
RS.10000-15000
43
25
RS.15000-20000
10
32
ABOVE RS.20000
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INTERPRETATION
The respondents for the Monthly Family Income has clearly analyzed in the table 4, 32% of the
respondents belong to the income group of above Rs.15,000 to 20,000,while 25% of respondents
fall in the income group of Rs.5,000 to 10,000, while 25% of the respondents belong to
Rs.10,000 to 15,000,income group 11% of respondents belong to income group of
aboveRs.20,000. The rest of respondents 7% belong the category of income below Rs.5,000.
TABLE 5
SOURCES OF INFORMATION OBTAINED BY RESPONDENTS
SOURCE OF INFORMATION
FRIENDS
RELATIVES
DEALERS
ADVERTISEMENT
OTHERS
FRIENDS & RELATIVES, DEALERS &
ADVERTISEMENT
NO. OF
RESPONDENTS
47
19
20
61
1
% OF
RESPONDENTS
30
21
10
36
1
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There are various sources of information it has been classification in the table 5 that, 36% of
respondents have come to known about the vehicle through Advertisement, whereas 30% of
respondents have collected through Dealers, 10% of respondents have require through Relatives.
1% of respondents have made a decision through the combination of Friends, Relatives, Dealers
and Advertisement and 1% of the respondents were collected through Friends and
Advertisement.
TABLE 6
SOURCES OF PURCHASE INFLUENCER
PURCHASE
INFLUENCER
NO. OF
RESPONDENTS
% OF
RESPONDENTS
FAMILY MEMBER
64
39
FRIENDS
55
28
13
DEALERS
14
10
OTHERS
10
10
RELATIVES
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INTERPRETATION
These classifications of Influencer have presented in the table 6, among the influencer 39% of
owners have influenced by Family members, 28% of owners have influenced Friends. 13% of
owners have influenced by Relatives, followed by Dealers who influenced 10% of owners. The
vehicle Owners of 10% have influenced by others.
TABLE - 7
VEHICLES ON THE BASIS OF MILEAGE
MILEAGE/LITRE(K
MS)
NO. OF
RESPONDENTS
% OF
RESPONDENTS
BELOW 35 Kms
31
20
35-40
60
40
40-45
48
32
45-50
ABOVE 50
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INTERPRETATION
It is evident from the above table 7, that majorities of vehicle owners 40% have got around 40
kms as Mileage per litre and also 32% of owners have got around 40 kms per litre, while 32% of
respondents have got 45 to 50 kms per litre. A mere 2% of respondents have got 50kms and
above Mileage per litre.
TABLE 8
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF
PERFORMANCE OF THE VEHICLE?
PERFORMANC
E
NO. OF
RESPONDENTS
% OF
RESPONDENTS
SATISFIED
73
48
MODERATE
69
46
DISSATISFIED
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INTERPRETATION
According to the table 8, majority of owners 48% of respondents are Satisfied with the
performance of the vehicle. 46% of the respondents termed performance of the vehicle as
Moderate and 6% of respondents are Dissatisfied with the performance of the vehicle.
TABLE 9
WHAT IS THE CLASSIFICATION OF THE RESPONDENTS ON THE BASIS OF
AFTER SALES AND SERVICES?
NO. OF
RESPONDENTS
% 0F
RESPONDENTS
8
103
68
AVERAGE
20
17
MODERATE
12
GOOD
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POOR
INTERPRETATION
Analysis based on the opinion of respondents with regard to after sales are in the above table 9,
a majority of owners have responded 68% as Good. The after sales service has been viewed as an
Average by 17% of owners and 8% of owners have expressed after sales service as Moderate
one. However 5% of owners termed after sales service as Excellent. Meanwhile 2% of owners
has mentioned after sales service as Poor.
TABLE 10
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF SPARE
PARTS AVAILABILITY?
SPARE PARTS
AVAILABILITY
NO. OF
RESPONDENTS
% OF
RESPONDENTS
EASILY AVAILABLE
49
33
AVAILABLE
97
64
NOT AVAILABLE
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INTERPRETATION
From the above table 10, it was found that 64% of respondents have maintained that Spare
Parts are Available, 33% of the respondents have stated that Spare Parts are Easily Available and
3% of respondents have resounded that spare parts Not Available.
TABLE 11
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF PRICE OF
SPARE PARTS?
PRICE OF SPARE
PARTS
NO. OF
RESPONDENTS
% OF
RESPONDENTS
HIGH
52
34
MODERATE
96
64
LOW
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INTERPRETATION
From the above table 11, could find that 64% of respondents have regarded the Price of Spare
parts as Moderate, the price has been viewed as High by 34% of respondents,2% have termed the
drive as below.
TABLE 12
WHAT IS THE CLASSIFICATION OF RESPONDENTS ON THE BASIS OF PRICE OF
THE VEHICLE?
PRICE OF
VEHICLE
NO. OF
RESPONDENTS
% OF
RESPONDENTS
VERY HIGH
20
13
HIGH
81
54
MODERATE
44
30
49
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LOW
VERY LOW
MODE OF
PURCHASE
NO. OF
RESPONDENTS
% OF
RESPONDENTS
LOAN
92
61
CASH
58
39
Sources:
Primary Data
INTERPRETATION
It is evident from the above table 12, majority of 54% of respondents have regarded the Price
of the vehicles High, the price of the vehicle viewed as Moderated by 30% of the respondents.
The respondents of 13% termed price as Very High and 3% of respondents viewed the price of
the vehicle is Low.
TABLE 13
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INTERPRETATION
From the above table 13, it is found that 84% of the respondents recommended the Vehicle to
Others and 16% of respondents would not recommended to others
CHAPTER- VII
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FINDINGS
AND
CONCLUSSION
FINDINGS $ CONCLUSION
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As per the users of TVS products, out of the peoplesurveyed maximumrespondents are
between the Age group 21-30. This means that the youth of today is more inclined
towards this brand.
According to the research conducted 44% of the respondents are having Qualifications up
to Graduate, 42% of the respondents are post graduate and only 3% are diploma holder
through this it can be said that most of the population is educated.
Throughout the research it has been seen that 36% of the respondents are occupied in
Business, 28% are employed, 29% are professionals, and there are 5% of people who are
householders. Through this we can say today more of the population is working and can
afford to buy two wheeler as well as four wheeler.
There are 32% of the respondents who have a Monthly income up to Rs.15,000-20,000,
25% of respondents were earning up to Rs.5000-15000, and 11% were earning above
Rs.20,000.
36% of the respondents have come to know about the vehicle through Advertisement,
30% of the respondents have come to know from their friends, and 21%from their family.
Through this the researcher can say that more of the people are influenced by TV
ads.39% of the respondents have influenced the purchasing decision by Family members.
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As per the research conducted there are 40% of the respondents have got around 40kms
as Mileage per litre,
Through the survey conducted 48% of the respondents are satisfied with the Performance
of the vehicle, 46% of the respondents are partially satisfied and among all the
respondents there are only 6% respondents who are dissatisfied.
According to the research only 5% of the respondents who rate the after sale services as
excellent, 68% as Good, 17% as average, 8% as moderate and only 2% of respondents
who are not at all satisfied. Through this survey it can be said that the after sale services
are satisfactory in the city. ? 64% of the respondents have maintained that Spare parts are
Available.
As per the survey conducted 64% of the respondents have regarded the Price of Spare
parts as Moderate, 34% of customers have regarded as high and only 2% are of the
opinion that the price if the spare parts is low.
According to the survey conducted 54% of the respondents have regarded the Price of
Vehicle as High, 30% as moderate, 13% as very high, and only 3% of the respondents
have regarded the price of the vehicle as low.
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As per the research conducted 61% of the respondents have resorted to Loan, and 39% of
the respondents have resorted to purchase the product by cash. So it can be said that more
of the customers buy the product through loans
CONCLUSION
This study was conducts in Dehradun with a broad objective of Customer Opinions of twowheelers in TVS Vehicle for this purpose. 150 customers were selected and obtained the various
responses based on the questionnaire method. The data was collected and consolidated using
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Graphic and charts, tables were used for representation to achieve the objective of the study. By
and large it was found that most of the consumers are choose on TVS Vehicles because of its low
maintenance cost, good model and good long riding etc. It's maintained in awareness of the
vehicles and improving the satisfaction level and advertisement.
CHAPTER VIII
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SUGGESTIONS
SUGGESTIONS
1. The company should maintain the awareness among TVS Vehicle users, through
advertisements, by conducting events and by publishing articles in the magazines and
newspapers
2. The company should have maintain the long riding and maintenance cost
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3. In todays era people look more for the mileage and pic-up so the company should reduce the
cost and increase the mileage and pick-up of their products.
4. The company should provide alternative media message. Spare part should be made available
of reasonable price. So that even after buying the product the customers may not face difficulty
in purchasing the spare parts.
5. The youngsters want the product which is stylish, cheap and at the same time comfortable
also. So the company must provide more stylish and comfortable TVS Vehicle to satisfy the
customers.
6. The company shouldproduce the vehicle at international standard and average technology so
that the customers can get the latest product.
APPENDIX
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4) From where did you get the information about the TVS product?
Friends
Relatives
Dealers
Advertisement
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8) What are your views on the after sale services given by the company?
Excellent
Good
Average
Moderate
Poor
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Not available
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BIBLIOGRAPHY
1. Dr. V. BALU(2001) : "Marketing Research of Consumer
Behaviour" 2nd Edition, Sri Venkateshwaran Publications
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WEBSITE
www.google.com
www.tvsmotor.co.in
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