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Positioning Strategy For Pulsar and Its Effect
Positioning Strategy For Pulsar and Its Effect
PROJECT REPORT
A survey to study positioning strategy for pulsar and its effect
SUBMITED BY
SURESH BABU.P
REG.NO.MBA/08/62
DIRECTOR OF ACADEMIC
150cc BIKES
DECLARATION
I hereby declare that this project that report entitled a survey to study
Positioning strategy for pulsar and its effects
The project work has been prepared by me under the guidance of Mr. Rohit C
Kalaskar director.
Place: Hubli
Date:
(Suresh Babu P)
CERTIFICATE
ACKNOWLEDGEMENT
Finally thanks to Mr.Rohit C Kalaskar Sir without his moral support this could not
have been a great success for me.
Abstract
The survey to study Positioning strategy for pulsar and its effects is prepared
under the guidelines of Mr.Rohit C Kalaskar (Director and Faculty).
This project report provides a gathering of knowledge about demand of different
bike brands in Hubli city, as well as it also provides detail knowledge about the
consumer preference towards different bike brands.
There is a sufficient of data analysis and conclusions are given in the research
paper. On the basis of feedback through questionnaire and observation method, I
find out that the Hubli consumer has changed their strategy towards the products
and starts to purchase them on the basis of their quality.
As the result, there is close competition between the companies.
The each of them are increasing their products, qualities, and looks and providing
better services everyday.
Our analysis is based on sample results. It was a difficult task to gather the
information from respondents by meeting them personally in order to get
questionnaire filled. There was a lot of time pressure and sometimes unwillingness
of respondents to respond.
Mr.Rohit C Kalaskar
(DIRECTER)
INDEX
CHAPTER.1
Introduction & Design of the study
Statement of the study
Objectives of the study
Need for the study
Methodology
(a) Size of the sample
(b) Sampling design
(c) Sample technique
Data collection
Hypothesis (Formula)
Geographical area of study
Data analysis
Limitation
CHAPTER.2
An over view of the study
CHAPTER.3
Opinion of the study
CHAPTER.4
Survey of findings suggestion and conclusion
CHAPTER-1
Executive summery
The research titled positioning strategy for pulsar and its effect. It helps to
understand which strategy Bajaj Company is using to position the pulsar in the
market. This research is carried out as per the steps of market research process. To
meet the objectives primary research is undertaken.
The group's flagship company, Bajaj Auto, is ranked as the world's fourth largest
two- and three- wheeler manufacturer and the Bajaj brand is well-known across
several countries in Latin America, Africa, Middle East, South and South East
Asia.
The bajaj company had introduced pulsar bike with 150cc in 2001. After words the
bajaj company keeps on altering the model of the pulsar. Till 2003 they were
modifying pulsar 150cc only than they released pulsar180cc in
2003.simultaneously they introduced 200cc and 220cc in 2005and 2007.
The main objectives of this project are to under stand which strategy bajaj has
used to position pulsar in the market and to study how bajaj pulsar effects the other
two wheelers the methodology of the project is exploratory method and sample
200, geographical area is Hubli.
Introduction
There was a time when the bike companies ignores in the market, they took no any
interest to produced or sell products in the market in India. It was the initial stage
of bike companies in India. As per as the time had passed, the strategy and
marketing style of bike companies had been changed.
The research titled positioning strategy for pulsar and its effect. It helps to
understand which strategy Bajaj Company is using to position the pulsar in the
market. This research is carried out as per the steps of market research process. To
meet the objectives primary research is undertaken.
The Bajaj Group is amongst the top 10 business houses in India. Its footprint
stretches over a wide range of industries, spanning automobiles (two-wheelers and
three-wheelers), home appliances, lighting, iron and steel, insurance, travel and
finance.
The group's flagship company, Bajaj Auto, is ranked as the world's fourth largest
two- and three- wheeler manufacturer and the Bajaj brand is well-known across
several countries in Latin America, Africa, Middle East, South and South East
Asia.
The present Chairman of the group, Rahul Bajaj, took charge of the business in
1965. Under his leadership, the turnover of the Bajaj Auto the flagship company
has gone up from Rs.72 million to Rs.46.16 billion (USD 936 million), its product
portfolio has expanded from one to and the brand has found a global market. He is
one of India's most distinguished business leaders and internationally respected for
his business acumen and entrepreneurial spirit.
The design of the study determines the steps to be followed to conduct the study
and the important topics, which are to be covered in the study.
This research is carried out as per the steps of market research process. To meet the
objectives primary research is undertaken.
The basic study on attempt has been made to separate the various respondents on
basis of their age, income, education, profession and external factors.
A survey study to positioning strategy for pulsar and its effect in Hubli City
It is to know the opinion of the consumer about the Bajaj pulsar bike.
Objectives
There are following objectives of the project:1. To under stand which strategy Bajaj has used to position pulsar in the market
2. To study how Bajaj pulsar effects the other two wheelers
3. To study why the customer use particular brand
4. To study which factors has influenced the customer to buy Bajaj pulsar
5.
In those days, the bike market is the one of the best opportunity for the segment
bike sector in the India. It is wider and less competitive market for the bike. As the
income level of the consumers increasing, the demand of car is increasing
continuously. The various need of the study is given as follows:To determine the raising demand of Bajaj Pulsar bikes in Hubli city?
To analyze the features which are expecting by the customer in a bike?
RESEARCH METHODOLOGY
SAMPLE DESIGN
SAMPLE UNIT: - All working people are included both the genders i.e. males and
females irrespective of their education level.
SECONDARY DATA
Secondary data was collected through magazines, research papers, internet etc.
Data collection
Questionnaire design
As the questionnaire is self administrated one, the survey is kept simple and user
friendly. Words used in questionnaire are readily understandable to all respondent.
Also technical jargons are avoided to ensure that there is no confusion for
respondents.
The study of opportunity for bike companies in the market is a sum total of
different analytical survey of different bike companies in the Hubli area. In one
sense, we can say that it is determination of how much market captured by
different bike companies
Changing lifestyles
Rising per capital income, increased literacy and fast urbanization have caused fast
growth and change in demand patterns. The rising aspiration levels, increase in
spending power has led to a change in the consumption pattern.
Hypothesis
Limitations
While surveying I encounter with some problems like some people were not
willing to respond and few of them who responded were in hurry hence the active
participation was lacking.
Another problem which we face was that people were hesitating to give
information about their opinion. Except it, the sample size we have taken for
survey was small and its a difficult task to draw accurate conclusion or reach to an
exact result on the basis of limited sample size. Moreover, our investment was
limited and time was also less to go in depth.
Threats to us are that- as people were hesitating to give their opinion and details so
there is chance of error regarding opinion.
CHAPTER-2
Over view
Bajaj Auto Ltd
"Inspiring Confidence"
Founder
Year of Establishment
Industry
Business Group
Key people
Listings & its codes
Presence
Jamnalal Bajaj
1926
Automotive - Two & Three Wheelers
The Bajaj Group
Rahul Bajaj (Chairman), Rajiv Bajaj (Managing
Director)
BSE - Code: 500490; NSE - Code: BAJAJAUTO
Distribution network covers 50 countries.
Dominant presence in Sri Lanka, Bangladesh,
Columbia, Guatemala, Peru, Egypt, Iran and
Indonesia
Joint Venture
Registered & Head Office
Works
E-mail
Website
rahulbajaj@bajajauto.co.in
http://www.bajajauto.com/
capable of breaching the 110kmph mark with appreciable control. All the bikes in
the 150cc segment breathes through CV carburetor, in India, Fuel Injection (FI) is
yet to make a wave. All the bikes Pulsar, Unicorn, CBZ Xtreme, apache RTR and
Hunk features 5-speed (1-down 4-up pattern) gearbox. Their way of functioning
and design varies. Apache RTR, Hero Honda Hunk and CBZ Xtreme targets young
customers and hence gear shifting is through toe levers. In Unicorn and Pulsar
150cc it is through heel and toe levers.
Hubli market is one of the best opportunities for the bike sector. In some sense we
can say that Hubli city market is future of bikes. The life style of Hubli city
consumers is changing.
The Indian market and the marketing strategy have become the latest marketing
buzz word for most of the bike majors. They added the strategies of different bike
companies for capturing Hubli city market like Bajaj, Hero Honda, TVS, Honda,
Yamaha, Suzuki,
Factors such as strong distribution network and market awareness are few
prerequisites for making an impression in the bikes market.
The characteristics of the market in terms of low and spread out population and
limited purchasing power make it a difficult market to capture.
The Bottom of the pyramid marketing strategies and the 4 A's model of
Availability, Affordability, Acceptability and Awareness provide us with a means of
developing appropriate strategies to tackle the market, it is a study of different car
companies used by Hubli city consumers. It will provide information about
consumers preferences towards a good car company which is too unique and
different from those above researches.
ability.
Constant
velocity
high
level
of
For the first time in India, Pulsar DTSi is equipped with an Oil cooler, tube less
tyres and new digital console that makes the Pulsar most sporty and stylish two
wheelers
on
Indian
CHAPTER.3
roads.
Opinion of study
After a good deal of consumer survey and marketing research, I have collected a
good collection of data. The analyses of those datas are given as follows:In the initial years, the Hubli city consumers preferred 150cc segment bike etc. but
from the last period of five years, the preference of Hubli city consumers towards
bikes has been changed.
An extremely large number of bikes of different companies are selling in Hubli
city market. The Hubli city consumers preference towards the different bike
companies are given below
1.
2.
3.
4.
5.
6.
Valid
Frequency
Percent
Valid Percent
yes
93
93.0
93.0
Cumulative
Percent
93.0
no
7.0
7.0
100.0
Total
100
100.0
100.0
Yes
No
Valid
Frequency
Percent
Valid Percent
yes
78
78.0
78.0
Cumulative
Percent
78.0
no
22
22.0
22.0
100.0
Total
100
100.0
100.0
yes
Valid
Frequency
Percent
Valid Percent
yes
79
79.0
79.0
Cumulative
Percent
79.0
no
21
21.0
21.0
100.0
Total
100
100.0
100.0
yes
Valid
Frequency
Percent
Valid Percent
yes
94
94.0
94.0
Cumulative
Percent
94.0
no
6.0
6.0
100.0
Total
100
100.0
100.0
yes
yes
77
77.0
77.0
Cumulative
Percent
77.0
no
23
23.0
23.0
100.0
Total
100
100.0
100.0
yes
Valid
yes
Frequency
Percent
Valid Percent
67
67.0
67.0
Cumulative
Percent
67.0
no
33
33.0
33.0
Total
100
100.0
100.0
100.0
yes
Cumulative
Percent
Valid
15
15.0
15.0
15.0
51
51.0
51.0
66.0
strongly agree
34
34.0
34.0
100.0
Total
100
100.0
100.0
Frequency
20
10
0
Neither Agree nor di
agree
strongly agree
Valid
disagree
11
11.0
11.0
11.0
Neither
Agree nor
disagree
22
22.0
22.0
33.0
agree
49
49.0
49.0
82.0
strongly
agree
18
18.0
18.0
100.0
Total
100
100.0
100.0
Frequency
30
20
10
0
disagree
agree
sastrongly agree
Frequency
Valid
disagree
10
10.0
10.0
10.0
Neither Agree
nor disagree
25
25.0
25.0
35.0
agree
31
31.0
31.0
66.0
strongly agree
34
34.0
34.0
100.0
Total
100
100.0
100.0
30
20
Frequency
Cumulative
Percent
10
0
disagree
agree
strongly agree
Frequency
7.0
7.0
7.0
agree
29
29.0
29.0
36.0
strongly agree
64
64.0
64.0
100.0
Total
100
100.0
100.0
Frequency
Cumulative
Percent
20
10
0
Neither Agree nor di
agree
strongly agree
Frequency
Valid
strongly
disagree
disagree
1.0
1.0
1.0
18
18.0
18.0
19.0
Neither Agree
nor disagree
38
38.0
38.0
57.0
agree
31
31.0
31.0
88.0
strongly
agree
Total
12
12.0
12.0
100.0
100
100.0
100.0
Frequency
Cumulative
Percent
10
0
strongly dsagree
disagree
agree
strongly agree
Frequency
Valid
disagree
26
26.0
26.0
26.0
Neither Agree
nor disagree
39
39.0
39.0
65.0
agree
34
34.0
34.0
99.0
strongly agree
1.0
1.0
100.0
Total
100
100.0
100.0
F re q u e n c y
Cumulative
Percent
20
10
0
disagree
Neither Agree nor di
agree
strongly agree
Neither
Agree nor
disagree
9.0
9.0
9.0
agree
37
37.0
37.0
46.0
strongly
agree
Total
54
54.0
54.0
100.0
100
100.0
100.0
strongly agree
agree
disagree
13
13.0
13.0
13.0
Neither
Agree nor
disagree
25
25.0
25.0
38.0
agree
51
51.0
51.0
89.0
strongly
agree
Total
11
11.0
11.0
100.0
100
100.0
100.0
disagree
agree
disagree
9.0
9.0
9.0
Neither
Agree nor
disagree
18
18.0
18.0
27.0
agree
58
58.0
58.0
85.0
strongly
agree
Total
15
15.0
15.0
100.0
100
100.0
100.0
disagree
agree
Valid
Frequency
Percent
Valid Cumulative
Percent
Percent
disagree
17
17.0
17.0
17.0
Neither
Agree nor
disagree
34
34.0
34.0
51.0
agree
45
45.0
45.0
96.0
strongly
agree
Total
4.0
4.0
100.0
100
100.0
100.0
agree
disagree
2.0
2.0
2.0
Neither
Agree nor
disagree
12
12.0
12.0
14.0
agree
55
55.0
55.0
69.0
strongly
agree
Total
31
31.0
31.0
100.0
100
100.0
100.0
disagree
Neither Agree nor di
agree
disagree
9.0
9.0
9.0
Neither
Agree nor
disagree
49
49.0
49.0
58.0
agree
39
39.0
39.0
97.0
strongly
agree
Total
3.0
3.0
100.0
100
100.0
100.0
disagree
8.0
8.0
Cumulative
Percent
8.0
agree
27
27.0
27.0
35.0
strongly agree
65
65.0
65.0
100.0
Total
100
100.0
100.0
Percent
20
10
0
Neither Agree nor di
agree
strongly agree
disagree
1.0
1.0
Cumulative
Percent
1.0
Neither Agree
nor disagree
24
24.0
24.0
25.0
agree
64
64.0
64.0
89.0
strongly agree
11
11.0
11.0
100.0
Total
100
100.0
100.0
Percent
20
10
0
disagree
agree
strongly agree
disagree
11
11.0
11.0
Cumulative
Percent
11.0
Neither Agree
nor disagree
23
23.0
23.0
34.0
agree
46
46.0
46.0
80.0
strongly agree
20
20.0
20.0
100.0
Total
100
100.0
100.0
Percent
20
10
0
disagree
agree
strongly agree
disagree
1.0
1.0
Cumulative
Percent
1.0
Neither Agree
nor disagree
13
13.0
13.0
14.0
agree
54
54.0
54.0
68.0
strongly agree
31
31.0
31.0
99.0
6.00
1.0
1.0
100.0
Total
100
100.0
100.0
Percent
20
10
0
disagree
agree
6.00
strongly agree
10
10.0
10.0
Cumulative
Percent
10.0
Neither Agree
nor disagree
13
13.0
13.0
23.0
agree
53
53.0
53.0
76.0
strongly agree
24
24.0
24.0
100.0
Total
100
100.0
100.0
Valid
P e rc e n t
30
20
10
0
disagree
agree
sastrongly agree
Missing
disagree
7.0
7.1
Cumulative
Percent
7.1
Neither Agree
nor disagree
25
25.0
25.3
32.3
agree
44
44.0
44.4
76.8
strongly agree
23
23.0
23.2
100.0
Total
99
99.0
100.0
System
1.0
100
100.0
Total
Percent
20
10
0
disagree
agree
strongly agree
Percent
Valid Percent
strongly
disagree
disagree
1.0
1.0
Cumulative
Percent
1.0
6.0
6.0
7.0
Neither Agree
nor disagree
17
17.0
17.0
24.0
agree
53
53.0
53.0
77.0
strongly agree
23
23.0
23.0
100.0
Total
100
100.0
100.0
Valid
agree
ValidNeither Agree
nor disagree
8.0
8.0
Cumulative
Percent
8.0
agree
34
34.0
34.0
42.0
strongly agree
58
58.0
58.0
100.0
Total
100
100.0
100.0
Frequency
30
20
10
0
Neither Agree nor di
agree
strongly agree
6.0
6.0
Cumulative
Percent
6.0
29
29.0
29.0
35.0
Neither Agree
nor disagree
41
41.0
41.0
76.0
agree
24
24.0
24.0
100.0
Total
100
100.0
100.0
strongly
disagree
disagree
disagree
disagree
13
13.0
13.0
Cumulative
Percent
13.0
Neither Agree
nor disagree
25
25.0
25.0
38.0
agree
50
50.0
50.0
88.0
strongly agree
12
12.0
12.0
100.0
Total
100
100.0
100.0
Frequency
30
20
10
0
disagree
agree
strongly agree
disagree
22
22.0
22.0
Cumulative
Percent
22.0
Neither Agree
nor disagree
15
15.0
15.0
37.0
agree
46
46.0
46.0
83.0
strongly agree
17
17.0
17.0
100.0
Total
100
100.0
100.0
Frequency
20
10
0
disagree
agree
strongly agree
disagree
26
Neither
Agree nor
disagree
agree
7.0
7.0
33.0
53
53.0
53.0
86.0
14
14.0
14.0
100.0
100
100.0
100.0
strongly
agree
Total
F requenc y
30
20
10
0
disagree
agree
strongly agree
CHAPTER.4
Findings
The position strategy of bajaj pulsar is kept on changing models according to the
market scenario
The pulsar became the bench mark of 150cc segment bikes
The pulsar bike was produced and released by bajaj auto Ltd .it is an Indian
company. Better pick up, stylish, energetic factors made the customers to use the
bajaj pulsar. It gives proud feel to the user and 84% of 20-30 age group people are
using the bajaj pulsar and 16% of other age group people are using the particular
brand.
Bajaj packs its bike with user friendly features to sell its bikes. Pulsar 150cc is the
first bike to feature digital instrumentation and LED tail lights. Pulsars instrument
panel is neatly laid out. Cable free speedometer is a useful feature in the pulsar
150cc.
The main competitors for bajaj pulsar are
1.
2.
3.
4.
5.
Conclusion
The position strategy for the bajaj made the pulsar to become the bench mark in
150cc segment bike. The comfort, mileage and pick up are the influencing factors
to use the pulsar bike. The position strategy for the pulsar was to keep on
modifying their models according to the customer requirements and new
technology. It affects the sales of the other automobile companies who are
involved in 150cc bikes manufacturing
Date: -
/08/2009
Address: ________________________________
________________________________
Age:
Gender:
20-30
30-40
Male
40-50
50-60
Female
Govt Employee
Graduation
Pvt Employee
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Is a brand I
trust?
Bajaj Pulsar
Strongly
Disagree
Disagree
Neither
Agree nor
disagree
Agree
Strongly
Agree
Strongly
Disagree
Disagree Neither
Agree nor
disagree
Agree
Strongly
Agree
Makes me feel
good because of
its style?
Bajaj Pulsar
Agree Strongly
Agree
Strongly
Disagree
Disagree Neither
Agree Strongly
Agree nor
Agree
disagree