Professional Documents
Culture Documents
Yamaha Alba
Yamaha Alba
I would also like to add that this report is not been submittd to any other university
for any examination.
Students sign
Date:
Place: Rajkot
1
PREFACE
It is said that, Experience makes a man perfect but the question arises that from where this
experience comes from. It is very easy to say that from practical knowledge only. This is one
of the reasons for practical studies are the most important aspect of management course.
Many times, there is a lot of difference between practical implication and theoretical study.
As a student of B.B.A, each one have to undergo industrial training accompanied with going
for marketing research for any of the industry product. The chief objective of practical
training is to develop awareness about business environment and business practices among
students. The second important objective was to know about consumer awareness about
YAMAHA ALBA.
2
WORDS OF THANKS
Generally the art of appreciation take forms into THANK YOU but who says that it is
enough to appreciate the kindness shown and guidance imparted and the guidelines they
have provided. I am speechless to say them thanks.
Fist of all, I would like to express my gratitude towards the Ass. Sales Manager of Yamaha,
Mr. Sanjay Patel for allowing and giving all the information that was necessary for my
project.
I would also like to thank Prof. Mr. Kuldeep Jobanputra who guided me and helped
me in clearing my suspects and difficulties in preparing this report.
3
CONTENTS
4. Recommendation
5. Conclusion
6. Bibliography
4
5
CONTENTS
6
INTRODUCTION
Bikes play an important role in todays fast and luxurious world. They prove to be
helpful, convenient and efficient means of transportation and along with all these they
are also prove to be prestigious.
Bikes are very common and contingent means for transportation. The leading
companies dealing in Bikes are Hero Honda, secondly Honda and Third Yamaha
Corporation and so on. Therefore, I had undergone marketing research on Yamaha
Alba bike and here by wish to introduce the company as far as I had understood it
and presented in this report.
Yamaha Corporation is one of the worlds leading automakers offering a full range of
models from bikes to electronic products like power mixers, power amplifier, and
speakers large & small.
PROJECT AT GLANCE
7
Name of company Yamaha motors India PVT Ltd
Offices: Head Office:
2500 shingai,
Lwata-shi,
Shizuoka-ken,
Japan
Corporate Office:
502, Sarovar Complex
Jain Derasar Lane, Off.C.G.Road
Ahmedabad-380009, Gujarat
Tel.: + (91)-(79)-26565941,
Fax: + (91)-(79)-26565941
IB HOUSE
150ft ring road,
Amin marg junction
Rajkot 360007
Tel.: + (91)-(281)-2577764
Factory in India A-3, surajpure ind. Area
Noida Dadris road
Surajpure-201306
Tel: + (91)-(120)-2351193
MIK FUJIYAMA India Ltd. 20/4,
Mathura Road,
Faridabad-121006,
Haryana, India
Tel :( 91) 82-41811, 41812, 42115
Website www.yamaha-motor-india.com
Global website www.yamaha-motor.co.jp
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Year of establishment July 1, 1955 (Yamaha Japan)
Establishment in India August 2001
Worldwide operation 36 countries
Chairperson Takehiko Hasegawa
Chairperson in India Masahiko Shibuya
Capital 270 million rupees
Employees 3600
Business manufacturing & marketing of
Motorcycles
Projected sales 350000 units per year (approx)
9
HISTORY OF YAMAHA MOTOR
CORPORATION
In the year 1955 when Yamaha developed its first motorcycle, the YA-1, there
were about 150 motorcycle makers struggling to compete in Japan. As young
motorcycle industry and Yamaha Motor was the last company to enter the fray. At this
time, the company had 274 employees working in two single-story wooden buildings
that served as factories where they produced about 200 motorcycles a month.
Since then, for nearly half a century Yamaha Motor has continued to take up
one challenge after another and to turn the ideas and dreams born of these challenges
into new products and businesses. Because of this corporate spirit, the Yamaha Motor
of today is active in a wide range of business fields and boasts a truly varied and
extensive range of products.
We hope you will enjoy this collection of historical models born of our Yamaha
"Spirit of Challenge" in the fields of motorcycles, marine products and even
automobiles. In each of them is a thread of the unique spirit that has built the Yamaha
brand of today.
In 1953, Genichi was looking for a way to make use of idle machining
equipment that had previously been used to make aircraft propellers. Looking back on
the founding of Yamaha Motor Company, Ginichi had this to say. "While the company
was performing well and had some financial leeway, I felt the need to look for our
next area of business. So, I did some research." He explored producing many
products, including sewing machines, auto parts, scooters, three-wheeled utility
vehicles, and motorcycles. Market and competitive factors led him to focus on the
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motorcycle market. Ginichi actually visited the United States many times during this
period.
When asked about this decision, he said, "I had my research division chief and
other managers visit leading motorcycle factories around the country. They came back
and told me there was still plenty of opportunity, even if we were entering the market
late. I did not want to be completely unprepared in this unfamiliar business so we
toured to German factories before setting out to build our first 125cc bike. I joined in
this tour around Europe during which my chief engineers learned how to build
motorbikes. We did as much research as possible to insure that we could build a bike
as good as any out there. Once we had that confidence, we started going."
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WORLDWIDE OPERATIONS
Country/Region
The Asia/Oceania Europe Japan
America
U.S.A Australia Europe Italy Japan
Canada New Zealand Austria Ireland
Mexico China Belgium Nether land
Argentina India Czech Norway
Republic
Brazil Indonesia Denmark Portugal
Colombia Philippines Franc Russia
Taiwan Germany Spain
Thailand Greece Sweden
Vietnam Hungary Switzerland
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The following are their products in which they deal
worldwide.
Bikes: - Alba, Crux, Gladiator J.A, Gladiator, G5,
sports bikes
Snowmobile
All- Terrain
Vehicles
Processors
Mixers
Power amps
Speakers
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Piano
Digital Piano / Keyboards
Guitar
Drum Set
Wind Instrument
String Instrument
Percussion Instrument
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YAMAHA INDIA
Holding the true spirit of commitment to customer satisfaction - Yamaha
Motor India is enriching lives of people with the same ingenuity and enthusiasm as
its parent company - Yamaha Motor Corporation, Japan. Having operated in India as
technology provider for almost two decades, YMI was incorporated in August 2001
as a 100percentage subsidiary of YMC, Japan. Since then we have been in the
process of redefining our business processes and extending the awe and power
associated with the legacy of the Yamaha Group.
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YAMAHA ALBA
The bike that defines todays style, average, & comfort.
Alba is designed to suit ones personality. Alba thrills the person from moment
he/she first lays eyes on it. The Yamaha Alba rise is one of a kind sophisticated yet
brash, selfish yet giving, intense yet fancy-free, in fact quite like the bike he rides.
Jaws drop when he takes his 106cc wonder for a spin.
The unique design of Yamaha Alba 106 blends youthful style with thoughtful
decency. Overall, the bike gives an image of robustness and solidity. Giving it a
sturdy, macho image are the muscled tank, well-built side and rear panel. While the
exciting graphics with the smooth flowing design, give the bike its stylish, super cool
looks.
With Alba 106, Yamaha has expanded its range beyond the hardcore bikers bikes. As
per the company sources, the reasonably priced Alba 106 is a low maintenance bike
with high fuel efficiency that enhances its value-for-money appeal manifold.
Since the bike has been designed for daily commuting, special emphasis has
been given on shaping it for the maximum comfort of the rider. That is why, Yamaha
Alba 106 boasts of new aerodynamic cowl, well-sculptured tank, and broad seat for
comfortable riding of the pillion rider too. The ideal ergonomics of seat, handlebar,
and knee recess on the petrol tank are all designed for comfortable riding by giving
the right posture to the rider. Keeping the Indian driving conditions in consideration,
Alba 106 has perfectly spaced gear ratio for driving in congested conditions without
changing gears repeatedly.
At the heart of the machine is the Yamahas ever-reliable 106cc engine, which
gives good combination of torque and mileage leading to less strain on the engine and
therefore longer life. Adding style to Albas strength are its super cool features,
including the innovatively designed indicators and tail light.
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MARKETING DEPARTMENT
CONTENTS
SR.NO TOPICS PG.NO
1. Introduction
2. Organization Structure
4. 4P of marketing mix
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INTRODUCTION
In common parlance, Marketing is process of selling something at shop or market
place, but according to modern marketing concepts selling is not an important part of
marketing but it is only a tip at marketing iceberg. The aim of the marketing for any
of the company is to make their sales superfluous.
The company should have a very efficient and excellent marketing department, which
truest to provide maximum satisfaction to customer while having reasonable profits.
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ORGANIZATIONAL STRUCTURE
Organization means it is a group of people working together co-operatively under
authority towards achieving goals and objectives that mutually benefits the
organization. It may also be said as grouping activities is to be performed. We can
also define as establishing relationship for handling people to work effectively by
maintaining horizontal and vertical coordination.
A great person who suggests that no one should loose the confidence in themslfe says
one great line:
Take all the things away from me, take my wealth, take my industries,
take my land, but with help of my efficient organization I will bring these
all back within only 5 years.
Andrew Carneigie
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ORGANIZATION CHART OF
MARKETING DEPARTMENT
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Yamaha Motors India P.V.T Ltd
CEO (marketing)
Managing Directors
General Manager
(West North, East South)
Sales Manager
Management Training
PLACE OF MARKETING
DEPARTMENT IN YAMAHA
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Yamaha gives equal importance to each department. However, it is engaged in
such a business where there are many competitors, so it has to give more importance to
maintain its present position. In addition, in order to do so, it has to make concentrated
efforts to maintain its brand and company image by way of marketing department.
Thus, it is the main reason to give more emphasis on the marketing department. As
it is reputed and prestigious company, manufacturing the bikes & many different types of
products it has to market its product in such a way that lot does not loose its position of
being 4th in manufacturing the bikes. It is maintained only by proper planning of deciding
the appropriate strategies of advertisements, sales promotion etc. Company always
conducts a survey with help of marketing department, which gives knowledge about the
market conditions, needs of consumers and to get informed about the changing perception
of the consumers which in turn can help the co. to make changes in marketing strategies
and which lead them to the point of success.
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4PS OF MARKETING MIX
It is in history when firms where having comparatively few tools for
influencing sales. Before the 21st century, most products were sold without
branding, advertising, sales promotion, credit, trade-shows and many others
variables that are now commonplace.
In the 21st century, something new is very important in the market so for that
purpose marketing mix of company is very necessary to make complete program.
The meaning of the marketing mix in simple words is the amount and kind of
variables the organization is using at a particular time. Marketing is changed by
changing the area and according to market condition. It is totally based on market
research and information. It is the core of the marketing system.
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PRODUCT MIX
Product is most tangible and important single component of marketing program.
The product policy and strategy is cornerstone of a marketing mix. Without a product,
there is nothing to distribute, to promote or to be priced.
To marketer, products are building blocks of marketing plan. Good products are
key to market success. Product is a vehicle by which companies provide customer
satisfaction. An engine pulls rest of marketing activities.
Product mix is a set of all the product lines and items that a particular company
offers to buyers. The width of product refers to how many different product lines it
carries.
The depth of product mix refers to how many variants of each product and offered
in a line. Here, YAMAHA has many variants like bikes, musical instruments, and spokes
and again computer software, it has different models. The width, depth and consistency of
product mix enables a company to define its product portfolio, appeal to its different
consumer needs and encourages one-stop buying.
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PRICE MIX
PRICE IS ONLY ELEMENT IN MARKETING MIX THAT
CREATES SALES REVENUE: THE OTHER ELEMENT IS
COSTS"
-PHILIP KOTLER
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PLACE MIX
(DISTRIBUTION MIX)
Any sequence of institution from the producer to customer
including one any number of middlemen is called channel of
distribution.
-Mc Carry
Proper distribution channel should be selected so that product of company can easily
reach in the hands of consumer. The mode of transportation and other facility are
selected carefully no doubt that choice of channel depend on nature of product but it
must be so selected carefully that is combination with other element of marketing mix.
Hence it helps in achieving goal like profit maximization economic stability, long
term growth etc.
The most fundamental factor for channel choice and channel management is economic
criteria, viz. cost and profit criteria we consider various factors like nature of product,
market, trends and competition.
The most common routes or paths that flow from manufacture to consumer are.
a) Manufacture Consumer
b) Manufacture Retailer consumer
c) Manufacture Wholesaler Retailer Consumer
d) Manufacture Wholesaler Semi-wholesaler Retailer
Consumer
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DISTRIBUTION CHANNEL OF YAMAHA
PRODUCTION UNIT
DEALER
CONSUMER
29
PROMOTION MIX
Promotion is a form of communication to accept ideas, products, and services
and hence persuasive communication becomes heart of promotion. It is said that, In a
competitive market without promotion nothing can be sold
ADVERTISING
Promote sales because it is only way to commercialize the product.
Any activity towards sales-promotion may be called promotional
activities. Such activities include advertising.
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Today, no business survives without advertisement.
Advertisement helps to increase sales goals and to give a tough fight
to competitors. The problem or else we can say question is not
whether to do advertisement or not? However, question is that how to
advertise with a view to maximize returns on money invested. An
advertisement can prove to be better when it is adequately planned,
executed and constantly evaluated.
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PUBLICITY
PERSONAL SELLING
32
SALES PROMOTION
33
The purpose of sales promotion is to stimulate, motivate and influence
the purchase and other desired behavioral responses of the firms
customers.
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35
MARKET RESEARCH
Research Methodology
Introduction
Data collection
Primary Data collection
Research Instrument
1. Selection of Project
2. Nature of Project
3. Scope of Project
4. Sampling
36
RESEARCH METHODOLOGY
Introduction
37
OBJECTIVES OF PROJECT
The main objective of this project is to know about consumer
awareness of YAMAHA ALBA bike.
Along with the main objective the other are as follows:
To know about the colors available in Alba bike.
To know about the average & price of Alba.
To know suggestions and improvements needed in bike.
To know about the showroom environment YAMAHA.
38
NATURE OF PROJECT
The project is based with involvement of fieldwork. Main aim
of project was to know the consumer awareness of YAMAHA ALBA
bike and make necessary improvement in bike to satisfy the
customers.
SCOPE OF PROJECT
The scope project is bifurcated in two types:
Geographic scope
Time scope
Geographic Scope:
Geographic scope is the consumer awareness of YAMAHA ALBA
Bike in Rajkot City
Time Scope:
Time scope for project is 20 days.
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DATA COLLECTION
All marketing researches can tap two sources of data for investigation.
Internal Sources
External Sources
Internal sources are companys own records, registers, documents etc. The
internal source helpful for me while preparing my project report was Mr. Sanjay
Patel, Asst, and Manager. He helped me a lot while preparing the project.
External sources are those, which are collected from market. It is available by
containing prospective consumers of YAMAHA by personally interviewing
them.
Secondary Data
There are numerous sources of secondary data. Each year quantity of secondary
source material expands of a tremendous rate. Secondary data is ready to use
and it is cheaper to use.
Primary Data
Primary data are vital for any research project. Primary data act as a base for
preparation of any project.
Although primary data are costly to collect yet today many firms trust its result
because of its reliability, along with it, accurately of primary data is highest so
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they are used extensively, Primary data can be collected by different ways such
as.
Personal observation method
Personal survey method
Panel Research
Experimental research
Behavioral research method
All these method are best in each different field. Survey research studies
large and small populations by selecting and studying samples chosen from
population to discover relative and various other things.
In my project, work adopted is survey method. A questionnaire was drafted and
further it was analyzed to prepare the project.
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PRIMARY DATA COLLECTION
As for preparing my project report I have used primary data. I do think that it is
an important point to be mentioned in project.
In short any finite or infinite aggregation of all possible objects under study not
necessary animate is called a population.
As it is not possible to meet the whole population, I had taken 100 samples of
respondents. A sample is a part of universe or population.
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RESEARCH INSTRUMENT
The instrument used for preparing my project is questionnaire.
43
Dichotomous question is one where the respondent selects pre-designed
categories of response coming closer to his/her own opinion. This type of
alternative as Yes or No i.e. in favor or not in favor.
And multiple questions are one, which provides several objectives to answer for
it. It is based on principle of aided recall.
In this project work the questionnaire all, the type of questions were used to the
respondent.
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SELECTION OF PROJECT
A project work is an opportunity for a student to implement the theoretical
knowledge in a practical manner. It provides a platform for better understanding
of the market and factors influencing it.
It has been understood by organization that market is huge and thus it should
not be overlooked. The project work was chosen on Consumer awareness for
YAMAHA ALBA bike
As this was a research based project it would enable the company to acquire in
depth knowledge of Rajkot market as concerned to satisfaction derived and the
likes and dislikes of consumers and make changes thereafter.
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SAMPLING
Sampling is a commonplace idea. Everyone is accustomed to draw conclusion
about a large group on basis on study of a small number of items.
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There are few of the steps which are taken into consideration while developing
a sample plan for research purpose.
Define the Population:
It is an aggregate of all elements defined prior to selection of sample. It is
necessary to define the population in terms of:
Elements
Sampling Units
Extent
Time
Omission of any of them would render the definition of population incomplete.
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Determine the sample size:
In other words, one has to decide how many elements of target population are to
b taken.
Specify the sampling plan:
This means that one should indicate how decisions made so far are to be
implemented.
Select the sample:
This is final step in the sampling process. A good deal of office and fieldwork in
actual selection of sample elements. The interviewer faces most of the problems
in this stage, which contain the sample respondents.
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Methods of sampling
Sampling can be done in two ways. One is probability and other is non-
probability sampling.
PROBABILITY SAMPLING
All of items in universe have known and equal chances or probabilities of being
selected. It is also called non-controlled sampling. Selection of items is purely
based on chance using some random device such as a table of random numbers.
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Cluster sampling:
It involves groups of sample items chosen at random. It is often called multi-
stage sampling. Selection of primary sampling units is two stages or three stage
exercises.
Selection of city block
Selection of colonies within city
Selection of families within colonies.
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ANALYSIS & INTERPRETATION
DATA CONTENTS
Respondents status
Respondents salary
Respondents belief
Respondents view
Suggestions
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ANALYSIS & INTERPRETATION
BUSINESS SERVICE
MAN PROFESSIONAL PERSON STUDENTS TOTAL
25 14 11 50 100
In the above question, the consumers are segmented into four categories i.e.
Businessman, Professional, and Service person & Students. In addition, after
analyzing 100 responses given by consumers. I had come to conclusion that
25% of consumers are engaged in own business, 14% have professional, 11%
consumers are service person and 25% of people are students.
52
Q1. Do you know about Alba? [ ] yes [ ] no
YES NO TOTAL
50 50 100
In the above question we come to know about the people are aware about
Yamaha Alba. 50% say yes & 50% say no.
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Q2. If yes then through which media you come to know about Yamaha
Alba.
MEDIA FRIENDS HOARDING RELATIVES ADVERTISEMENT SHOWROOM TOTAL
NO. 15 9 4 12 10 50
From above question, we come to know about the media through which people
come to know about the Yamaha Alba. From above 50 people, 15 people come
to know from friends, 12 people come to know from advertisement, 10 people
come to know from hoarding, 9 people come to know from the showroom, & 4
people come to know from relatives.
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Rs:-
Yes No Total
38 12 50
From the 50 people who where knowing about the Yamaha Alba. From them
only 38 people where knowing about there price & 12 people where not
knowing about the price.
55
YES NO TOTAL
30 20 50
In the above question we come to about the people are aware for colure
available in Yamaha Alba. From the 50 people 30 people say yes & 20 people
say no.
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CATEGORY YES NO TOTAL
AVERAGE 35 15 50
NO OF GEAR 25 25 50
FUEL TANK CAPACITY 36 14 50
ALLOY WHEELS 46 4 50
ENGINE DISPLACEMENT (C.C) 40 10 50
SUSPENSION 23 27 50
From the above question, we come to know people aware about the different
features of Yamaha Alba. From 50 people 23 are aware of suspension, 40 are
aware about the c.c., 46 are aware about the alloy wheels, 36 are aware about
the fuel tank capacity, 25 people are aware about the no. of gear, 35 people are
aware about the average.
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Q6. Do you know about the loan facility provided by Yamaha?
[ ] yes [ ] no
YES NO TOTAL
30 20 50
From above question, we come to know that how many people are aware
about loan facility provided by Yamaha. From 50 people 30 say yes & 20 say
no.
58
CONCLUSION
It was really a great experience, while doing project report for Yamaha
Group. I was obliged to study now the marketing theories and other management
principles are applied in corporate world. Therefore doing project onConsumer
awareness for Yamaha Alba bike. I got opportunity to learn all marketing
implication which otherwise would not be possible anywhere else.
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SUGGESTIONS
This is concluding question of the annexure. After asking so many question
some suggestion are required for the Yamaha Alba for the consumer are.
Many people are not so aware about the Yamaha Alba so company
needs to make more focus on advertisement.
They need to change theme of the advertisement & they should make
the advertisement, which includes all the colure of the bike in it.
They give information about the features of Yamaha Alba.
The company should give advertisement in different channels which are
more watch by the people like stare plus, zee tv.
The company should do some sponsorship.
The company should make people aware about the average, c.c., brakes,
etc.
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BIBLIOGRAPHY
Books:
Marketing Management
- by Philip kotler
Marketing Management
- by S.A. Sherlekar
Websites:
www.YAMAHA.com
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ANNEXURE
Shree R.P. bhalodia college Rajkot
Market research on Consumer
Awareness of Yamaha Alba
The aim of this questionnaire is to know about of consumer awareness about Yamaha
Alba.
We assure you the information given by you will keep confidential and will not be
misuse.
This research is for educational purpose only.
Please tick marks in appropriate box only.
Please fill up only those questions, which you know.
1. Name:_______________________________________________________________
2. Address:- ____________________________________________________________
____________________________________________________________
____________________________________________________________
3. Phone no.:- ___________________________________________
4. Gender :- [ ] male [ ] female
5. Occupation:-
[ ] businessman [ ] professional
[ ] service person [ ] student
9. If yes then through which media you come to know about Yamaha Alba?
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rs._____________
11. Do you know about the colors available in Yamaha Alba? [ ] yes [ ] no
If yes then which color [ ] red [ ] silver [ ] black [ ] blue
12. Do you know about the features of Yamaha Alba?
Average [ ] yes [ ] no _________
No of gear [ ] yes [ ] no ________
Front & rear suspension [ ] yes [ ] no
Engine displacement [ ] yes [ ] no _______
Fuel tank capacity [ ] yes [ ] no _________
Alloy wheels [ ] yes [ ] no
13. Do you know about the loan facility provided by Yamaha? [ ] yes [ ] no
14. Give suggestion if any
__________________________________________________________
__________________________________________________________
__________________________________________________________
Thanks
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