Professional Documents
Culture Documents
On
“A STUDY OF CUSTOMER SATISFACTION LEVEL
TOWARDS ROYAL ENFIELD
(Marketing)
Submitted By
SANDEEP VISWAL BBA 6thSEM
Technology Rishikesh
DECLARATION
(SANDEEP VISWAL)
BBA 6TH SEM
MARKETING
ACKNOWLEDGEMENT
Preservation, inspiration and motivation have always played a key role in the
success of any venture. In the present world of cut throat competition project is likely
a bridge between theoretical and practical working, willingly I have prepared this
particular project.
First of all I would like to thank the supreme power, the almighty God who is
obviously the one who has always directed me to work on the right path of my life.
With his grace this project could become a reality.
(SANDEEP VISWAL)
BBA 6TH SEM
GUIDE CERTIFICATE
6TH
This is to certify that SANDEEP VISWAL BBA SEM student
From Omkarananda Institute of Management & Technology
Rishikesh affiliated to HEMVATI NANDAN BAHUGUNA
GARHWAL UNIVERSITY has completed her project under my
supervision. He made this project to my entire satisfaction and as
per requirement of the course.
Royal Enfield is a motorcycle manufacturer, having its current base inIndia. The
company is the currently leading the 350 c.c. bike segmentwith their flagship product
There are several forces at work in every sector and every industry ofan economy. The
dynamic nature of every industry keeps the pulses of the companies operating in each
sector racing. Our strategic analysis report is focussed on marketing and sales of Royal
Enfield as acompany. It also delves at all those forces at work that couldpotentially
tostrategically position its products, this report is an invaluable tool forall. The report
analyses the performance of the leading players in themotorcycle industry which are
This report outlines the study conducted for investigating the lean areas for Royal
Enfield from a marketing and sales perspective. Also analyseshave been mentioned at
7 FINDINGS 51-53
8 CONCLUSION 54-55
9 LIMITATIONS 56-57
10 SUGGESTION 58-59
ANNEXURE 60-63
BIBLIOGRAPHY 64-67
INTRODUCTION
1
INTRODUCTION
This market survey report is based on the survey, which has been done in the
Moradabad city. The main objective of the survey is to study the customer
satisfaction towards Royal Enfield. The data used for the analysis is primary data
and collected through the use of questionnaire. The respondents were the customer
of Royal Enfield. The sample size of my research is 50, and the respondents are
market survey report. The data have been tabulated and shown in the form of a pie
chart. Then it is interpreted and analyzed and further the conclusion of the study is
conduct this market survey report. I believe that this market survey report will help to
Royal Enfield one of the popular brand and highest selling bike in India and outside
India (USA, Europe, Australia etc). Royal Enfield motorcycles had been sold in India
from 1949. In 1955, the Indian government looked for a suitable motorcycle for its
police and army, for use patrolling the country's border. As far as the motorcycle
brand goes, though, it would appear that Royal Enfield is the only motorcycle brand
to span three centuries, and still going, with continuous production. Product range
develop with customers. Keeping the existing customer contended is generally much
easier, takes less time and involves less expense. The reason for this is that it takes
more time to find new prospective customer. In this context study is conducted with
2
special reference to customer satisfaction. A company can earn more profits only
when it has strong customer care towards product and services offered by the
The automobile industry is one of the biggest industries in the world. Being a major
revenue and job generating sector it drives the economies of some of the
superpowers of the world. In India the automobile industry has grown by leaps and
bounds since the advent of the liberalization era the automobile industry and
especially the two wheeler segment has grown by leaps and bounds.
The liberalization has done away with primitive and prohibitive practices of licensing
and restricted foreign investment have been done away with. The result of which
was the entry of foreign players into the Indian market. The two wheeler segment
was largely dominated by Automobile Products of India (API) and Enfield in the 50s.
Later on towards the end of the 50s Bajaj Autos began importing Vespa scooters
from Italian company Piaggio. In the following decades the automobile industry in
India was mainly dominated by scooters with API and later Bajaj dominating the
market. There were very few products and choices available as far as motorcycle is
concerned and Enfield bullet and Rajdoot dominated the market. The 80s saw the
entry of Japanese companies in the Indian market with the opening up of the market
to foreign companies. Hero Honda and TVS Suzuki are companies formed in this era
of market reform. The market was still predominantly scooter dominated and Bajaj
and LML were the leading brands producing the products at that time.
The Japanese companies not only collaborated with Indian companies to produce
thealready existing products but also brought in new technology as a result of which
3
theever conquering 100cc bikes which were extremely fuel efficient with 4 stroke
provided a cheapand affordable means of personal transport to all those who could
not buy a car. Theflourishing middle class took a great liking for these bikes and the
bike sales in Indiabegan to grow exponentially year on year leading to Hero Honda
becoming the leader inthe two wheeler industry in India and the largest producer of
two wheelers in the world.The post 90s era was the era of liberalization and
the industry and all FDI regulations andlicensing was abolished. 100% FDI was
allowed in the automobile industry and theexcise duty was also considerably
reduced to its current level of 12% on two wheelers.All these factors combined with
the rising fuel prices, the increasing dispensableincomes of households, easy access
to finance, etc. have led to two wheeler industrybecoming the backbone of the
automobile industry in India.The two wheeler industry in India forms a major chunk of
Manufacturers statistics for the year2009 – 2010, two – wheelers comprise 76.49%
wheelers is quite similar to the market share. The twowheeler industry comprises
around 74% of the total automobiles produced in India. TheSIAM data for the year
2009-10 states that 8,418,626 two wheelers were producedduring the year against a
India emerged as Asia's fourth largest exporter of automobiles, behind Japan, South
Korea and Thailand. India’s automobile sector consists of the passenger cars and
utility vehicles, commercial vehicle, two wheelers and tractors segment. The total
market size of the auto sector in India is approximately Rs 540 billion and has been
4
growing at around 8 percent per annum for the last few years. Since the last four to
five years, the two wheelers segment has driven the overall volume growth on
account of the spurt in the sales of motorcycles. However, lately the passenger cars
and commercial vehicles segment has also seen a good growth due to high
discounts, lower financing rates and a pickup in industrial activity respectively. Major
Ford India Ltd., Eicher Motors, Bajaj Auto, Daewoo Motors India, Hero Honda
Motors, Hindustan Motors, Hyundai Motor India Ltd., Royal Enfield Motors, TVS
With the economy growing at 9% per annum and increasing purchasing power there
has been a continuous increase in demand for automobiles. This, along with being
the second largest populated country, makes the automobile industry in India a very
promising one.
Ever since the old Lambretta scooter was replaced with the flurry of vibrant two
wheeler models, Indian two wheeler industry has seen a phenomenal change in the
way they perceive the Indian market. Two wheeler manufacturers are now
competing in an ever growing consumer market by bringing out new products and
features. The country has now grown into the second largest producer of two
the country, and they are Bajaj, Hero, Hero Honda, Honda, Mahindra/Kinetic, Royal
Enfield, Suzuki, TVS, and Yamaha. There have been various reasons behind this
growth. Because of poor public transport system, the citizens found convenience in
5
two wheelers. Added to this is the fact that the average Indian still does not have the
purchasing capacity for a more expensive, four wheeler. The story of Mr. Ratan
Tata inspired by a family of four members travelling in Indian roads, not concerned
about safety and the evolution of the idea of TATA Nano has been quite famous
globally. The Indian two wheeler industries can be divided into motorcycles, scooters
and mopeds. The consumer has changed his preference from mopeds to scooters
and then to motorcycles. The trends seen in the past few years include females
increasingly using two-wheelers for their personal commutation and various two
the concept of electronic/self-start and automatic gears which made two wheelers
advertisements which showed middle aged females riding a Bajaj Chetak scooter.
A recent trend in the industry has been electric vehicles, which mostly leverage on
their eco-friendliness and low operating costs, but is still not accepted well due to the
lack of reputation of the manufacturers and lack of trust on technology, which is still
being perceived in the nascent stages, especially battery and inverters which prove
launching a hybrid model of their non geared scooter – TVS Scooty. The end of the
last decade saw Bajaj taking a radical decision to do away with the Scooter range
preference as the main reason. The customers are left without a choice in most
cases than to migrate from the traditional scooters of the Indian family to the all
youthful bikes.
6
TOP EXPORT DESTINATIONS:
The Indian Automobile industry has attained new heights in the last ten years. It has
seen the vehicle production growing rapidly and industry has been making significant
contribution to the employment, directly and indirectly, and also to kitty of indirect
taxes. Today, all major OEMs are in India and many of them have made India a hub
with an aim to achieve domestic vehicle market of $82-119bn by 2016 and $12bn
export of vehicles. It also aimed at making India 7th largest vehicle producing country
in the world by 2016. And, we have already achieved this milestone in 2010, which is
In this category, SAARC countries have been one of the key destinations for Indian
exports with three of the SAARC countries, Sri Lanka, Bangladesh and Nepal
featuring in the top 6 export destinations for Indian two wheelers segment.
However, exports to Sri Lanka, which used to be the largest importer of two
wheelers from India in 2006-07, have fallen by almost 20% since 2006-07 to reach
The top most destinations for exports in this segment is Nigeria which imported two
wheelers worth $ 103mn in the year 2009-10 up from $ 85mn in 2008-09, a growth
of 21% approximate. In fact, Nigeria has emerged as one of the fastest growing
destination for Indian two wheeler exports over past 4 years. India exported two
wheelers worth merely $ 6mn in Nigeria in 2006-07 which has grown by 15 times to
7
of imports from India in 2009-10. Exports of two wheelers to Colombia increased by
FUTURE PROJECTIONS
The Indian automobile industry is expected to grow to US$ 40bn by 2015 from
the current level of US$ 10bn in 2009. By the year 2016 the industry is
over 11mn vehicles a year employing more than three million people.
The greatest challenge and competition would be from the Chinese automobile
the industry.
On the positive side, India’s strength in software sector, combined with skilled
globally.
Two wheeler industry gains more profit Considering the scenario of traffic and
roads in India, and the rate at which infrastructure is growing in comparison with
the market, any fool will prefer to travel in a two wheeler (for regular use, not for
picnic or time pass or once in a while trips). For the simple reason that, with a
two wheeler, sneaking anywhere is far easier than a four wheeler. And definitely
faster too. And then comes the bigger problem of parking. Two wheelers can be
parked anywhere on the road, but that’s not the case with a four wheeler. So,
8
the whole point is unless there is some way where these two issues are
It gives the optimistic view about the industry and the overall industry shows
positive growths which recommend the investors to keep a good watch on the
The international trends suggest that the growth of the two-wheeler markets
will continue unabated for some time. In value terms, the BRIC motorcycles
market grew by 14.7% between 2006 and 2010 to reach a value of $32.4
billion (Brazil alone growing by 32% pa). By 2013, the market is forecast to
The global motorcycle demand has been growing at 6-7% pa and is estimated
to be about 80-85 million units per annum. India has emerged as one of the
key players with a domestic market that is nearly about 11% of the global
market and growing significantly faster. The high base implies that India and
Indian companies are set to enter a stage where they are likely to be the
Of course, the Indian market is significantly different with the segment below
150 cc being the dominant segment. This is unlike the developed world,
where it is the larger bikes that dominate the market volumes. Indian
in the foreseeable future, it is the smaller bikes that will remain the mainstay.
9
At present as many as 72% of the bikes are in the entry segment (defined as
75 to 125 cc), and 27% are in the executive segment (defined as 125-250 cc).
share is not expected to grow beyond 2-2.5% over the next decade. However,
that itself implies that it will be a market of about 200,000 to 250,000 annual
annually in the above-250 cc category, having fallen sharply over the past few
years).
10
Customer satisfaction, a businessterm, is a measure of how products and services
customers, whose reported experience with a firm, its products, or its services
problems that can affect sales and profitability. These metrics quantify an important
marketing, which is both free and highly effective. In researching satisfaction, firms
generally ask customers whether their product or service has met or exceeded
customers have high expectations and the reality falls short, they will be
disappointed and will likely rate their experience as less than satisfying. For this
reason, a luxury resort, for example, might receive a lower satisfaction rating than a
budget motel—even though its facilities and service would be deemed superior in
“absolute” terms.
11
This is the most daunting and downright scary part of interacting with a customer. If
you're not used to this sort of thing it can be a pretty nerve-wracking experience.
Rest assured, though, it does get easier over time. It's important to meet your
customers face to face at least once or even twice during the course of a project.
This goes without saying really. We all know how annoying it is to wait days for a
response to an email or phone call. It might not always be practical to deal with all
customers' queries within the space of a few hours, but at least email or call them
back and let them know you've received their message and you'll contact them about
it as soon as possible. Even if you're not able to solve a problem right away, let the
A fellow Site Pointer once told me that you can hear a smile through the phone. This
is very true. It's very important to be friendly, courteous and to make your clients feel
like you're their friend and you're there to help them out. There will be times when
you want to beat your clients over the head repeatedly with a blunt object - it
happens to all of us. It's vital that you keep a clear head, respond to your clients'
wishes as best you can, and at all times remain polite and courteous.
This may not be too important when you're just starting out, but a clearly defined
customer service policy is going to save you a lot of time and effort in the long run. If
If the first option doesn't work then what? Should they contact different people for
billing and technical enquiries? If they're not satisfied with any aspect of your
customer service, who should they tell? There's nothing more annoying for a client
12
than being passed from person to person, or not knowing who to turn to. So make
sure your customer service policy is present on your site -- and anywhere else it may
be useful.
5. Attention to Detail
Have you ever received a Happy Birthday email or card from a company you were a
client of? Have you ever had a personalized sign-up confirmation email for a service
that you could tell was typed from scratch? These little niceties can be time
Even if it's as small as sending a Happy Holidays email to all your customers, it's
something. It shows you care; it shows there are real people on the other end of that
screen or telephone; and most importantly, it makes the customer feel welcomed,
6. Anticipate Your Client's Needs & Go Out Of Your Way to Help Them Out
Sometimes this is easier said than done! However, achieving this supreme level of
understanding with your clients will do wonders for your working relationship.
It's possible this is the most important point in this article. The simple message: when
something may not get done, or you might miss a deadline through no fault of your
own. Projects can be late, technology can fail and sub-contractors don't always
deliver on time. In this case a quick apology and assurance it'll be ready ASAP
wouldn't go a miss.
13
Our Programs are research based, built on the three corner stone’s of customer
satisfaction: product quality, process and procedural quality, and relationship quality.
Our typical program assesses specific issues under each component, for example:
Product Quality
• state-of-the-art technology
• competitive pricing
Procedural Quality
• ease of ordering
• accurate fulfillment
• on time delivery
• ease of tracking
Relationship Quality
14
• problems solved at the root cause
The tailored Programs provide direct, statistically valid, comparison data of you to
• Responsiveness
• Competitiveness
• Innovativeness
• Quality
• Customer Service
customers' perspective. Using the data, it will help you focus strategic efforts to
retain and increase market share. The programs also provide direct measure of the
effectiveness of initiatives your organization has implemented during prior year (after
first year's participation). That is, you will have quantifiable internal benchmarks (in
judge progress based on actions you have taken during the previous 12 months.
Product
Sales Knowledge
15
Brochure detail
Marketing Mailing frequently
Accuracy
Accounts Problem Response
Courtesy
1. Listen carefully to what the customer has to say, and let them finish-Don't
get defensive. The customer is not attacking you personally; he or she has a
problem and is upset. Repeat back what you are hearing to show that you have
listened.
can get from the customer, the better you will understand his or her perspective. I’ve
3. Put yourself in their shoes-As a business owner, your goal is to solve the
problem, not argue. The customer needs to feel like you’re on his or her side and
16
4. Apologize without blaming-When a customer senses that you are sincerely
sorry, it usually diffuses the situation. Don't blame another person or department.
or not the customer knows what a good solution would be, I’ve found it’s best to
propose one or more solutions to alleviate his or her pain. Become a partner with the
6. Solve the problem, or find someone who can solve it— quickly!-Research
indicates that customers prefer the person they are speaking with to instantly solve
their problem. When complaints are moved up the chain of command, they become
17
COMPANYPROFILE
18
COMPANY PROFILE
Royal EnfieldIndia was set up in 1955 when it started receiving 350cc bikes in kits
from the UK and assembling them in Chennai, India. But, eventually the entire bike
was manufactured in India and a couple of years later the Company started
manufacturing the 500cc Bullet. By its sheer power, unmatched stability, superior
riding comfort and rugged good looks, the Bullet dominated and continues to
dominate the Indian roads. It is the dream choice of every motorcyclist in India with
In 1990, Royal Enfield entered into a strategic alliance with the Eicher Group, - a
Rs.10 billion conglomerate and later merged with Eicher Group in 1994. The Eicher
Group is one of India's leading automotive groups with diversified interests in the
Since then, the Company has made considerable investments in modernizing its
manufacturing technology and systems and in 1996, when the Government decided
to impose stringent norms for emission, Royal Enfield was the first motorcycle
manufacturer to comply. Royal Enfield is amongst the first few Indian companies to
obtain the WVTA (Whole Vehicle Type Approval) for meeting the European
Community norms.
Marketing Network
To feel the pulse of the customers, Royal Enfield has set up a wide network of 13
marketing offices, 223 dealers in all major cities and towns, 25 spare parts
distributors and stockists and 150 Authorized Service Centers. The Company also
19
exports motorcycles to over 30 countries like the USA, Japan, Bahrain, UK,
Collaborations
Manufacturing
improvement efforts, with a number of automated processes. The Company has put
controls and Flexible manufacturing systems. The Chennai manufacturing facility has
received the ISO 9001 certification and for managing its operations in a clean and
Royal Enfield ensures that all the components used in the bikes are sourced from
the best vendors in the Indian automotive industry, who are geared to supply
according to the Company’s stringent quality standards. The company works closely
with all of its suppliers, giving them technical and managerial support while
20
Infrastructure and Technology Collaborations
To manufacture quality bikes that are well known worldwide for their reliability and
environment standards. When introducing a new product, this team undertakes all
concurrent engineering and testing processes. The bike Design team at Royal
Enfield is well equipped with high-end CAD/CAM workstations and the latest
Royal Enfield was also amongst the first Indian companies to introduce Enterprise
Resource Planning (ERP) systems to manage its operations. It also has an online
21
Redditch. Royal Enfield has its headquarters at Chennai in India. Bullet bikes are
It started in India for the Indian Army 350cc bikes were imported in kits from the UK
and assembled in Chennai. After a few years, on the insistence of Pandit Jawaharlal
Nehru, the company started producing the bikes in India and added the 500cc Bullet
Police personnel.
In 1990, Royal Enfield ventured into collaboration with the Eicher Group, a leading
automotive group in India, in 1990, and merged with it in 1994. Apart from bikes,
Royal Enfield made continuously incorporating new technology and systems in its
bikes. In 1996, when the Government of India imposed stringent norms for emission,
Royal Enfield was the first motorcycle manufacturer to comply. It was among the few
companies in India to obtain the WVTA (Whole Vehicle Type Approval) for meeting
the European Community norms. Today, Royal Enfield is considered the oldest
motorcycle model in the world still in production and Bullet is the longest production
run model.
22
Profile of the Products
from air cooled, 4 stroke engine, large wheels, and better sitting for superior riding.
This has been the classical offering from Royal Enfield and the engineering and the
design has remained unchanged over the years. It has remained the flagship product
with the other products being perceived more as derivatives of this motorcycle rather
shoe front brake and was touted as the powerhouse model with a whopping 27 bhp
output. While the bike looked mostly similar to the Standard 350cc offering, its bigger
23
24
Royal Enfield Bullet Electra 4S
This paved the way for the newer bikes from Royal Enfield which now have Digital
received limited acceptance amongst users and was discontinued after 2006 but it
enthusiasts.
25
the more contemporary manufacturers. From a right-hand side 4-speed gear shift,
they moved to a left-hand side 5-speed gear shift. Disc brakes also made an entry,
with the 280mm disc being the largest in the country. This has been one of the most
successful models from Royal Enfield and was to a large extent responsible for the
It has developed into a strong marquee itself and continues to remain a brand name
despite engineering changes that went into it. It started as a 350cc AVL Single-Spark
Engine. Today the Thunderbird Twin spark is a 350cc Unit Construction Twin-spark
26
Royal Enfield Classic
In 2008, Royal Enfield unveiled its latest offerings – the Classic 350 and the Classic
slowly gaining popularity amongst users for the lower ride height, the greater power
27
OBJECTIVES OF THE
RESEARCH
28
OBJECTIVES OF THE MARKET SURVEY REPORT
To understand the reasons for purchasing Royal Enfield bikes.
29
LITERATUREREVIEW
30
LITERATURE REVIEW
(Preusser et al., 1995) Motorcycles, which are a small subset of all motor vehicle,
are greatly overrepresented in fatal motor vehicle accidents. In the United States, the
death rate per registered motorcycle (59 per 100,000) is approximately three times
the death rate per registered passenger car (17 per 100,000). Death rate calculated
per vehicle, however, do not take into account the substantially lower mileage
travelled by motorcyclists. Per mile travelled, the death rate for motorcycles is
estimated to be 22 times higher than the comparable death rate for passenger cars.
In an earlier study, Wulf et al. (1989) estimated the death rate for motorcycle riders
of about 35 per 100 million miles of travel compared with an overall vehicle death
rate of 2.57 per 100 million miles. In Great Britain in 2002, the “Killed or Seriously
Injured” (KSI) casualty rate was 147 per 100 million vehicle kilometer for two
wheeled motor vehicle, whilst for car users the rate was 5 per 100 million vehicle
kilometers (DfT, 2003a). Besides the higher death rate, motorcyclists are more likely
Horswill and Helman (2001a) looked at 399 injury accidents in the UK (1999 data)
in which either a motorcycle or car was involved in a head on collision with a car
(that is, both types of vehicle collided with the same type of object in the same way).
Around 97% of motorcyclists were injured or killed in these collisions compared with
50.5% of car drivers (in accidents where the car driver or motorcyclists was not
injured, the injured parties were either passengers or the occupants of the other
vehicle). To take into account the possibility that motorcycle/car collisions may occur
31
at higher speeds than car/car collisions, they assessed a sample of 109
motorcycle/car head on collisions (that is, the impact speed was the same for the car
and the motorcycle) from the same dataset, and found that the motorcyclists
involved were 95.4% likely to be injured while the car drivers were 0.9% likely to be
injured. The much higher injury rate confirmed that motorcyclists are more physically
vulnerable than car drivers. Overall, the casualty rate (all injury types) is 556 per 100
million vehicle kilometer for two wheeled motor vehicle, compared to 50 for car users
from DVLA information on the number of motorcyclist licences. The age and sex of
However, Broughton (1987) found that this significantly overestimated the number
of active motorcyclists since large proportions of those with licences do not ride
motorcyclists (age, sex, area, etc.) is available. Another problem of this measure is
that some owners fail to license their vehicle to avoid paying Vehicle Excise Duty
and some owners may own more than one bike. An alternative source of information
is the National Travel Survey, which collects data on the travel habits of around
3,200 households (around 8,000 individuals) per year. Individuals complete a seven-
day (consecutive days) travel diary recording details of travel such as the purpose of
the journey, the method, the distance traveled and the time of day as well as
demographics, motorcycle information (such as engine size) with motorcycle use. Its
32
major drawback is the small sample of the respondents who ride motorcycles (in line
with the small number of active motorcyclists). To get the necessary level of details,
several years of data has to be aggregated and thus mask changes over time (Elliott
et al., 2003).
(Thomson 1980; Wulf et al., 1989; RSC, 1992) One comprehensive study of
motorcyclist and motorcycle use based on the NTS data is reported in DfT (2001).
The period of 1992 to 1999 is covered in the analysis, as the sample sizes are too
small for a shorter period of time. The key results cover motorcycle travel by area,
journey purpose, age and sex as well as motorcycle size. Motorcycle crash studies
provide ample evidence that motorcyclists are not easily seen by drivers of other
vehicle, particularly when traffic is heavy and the visual field is complex. A common
claim of motor-vehicle drivers involved in crashes is that they did not see the
motorcycles and their riders at all, or did not see them in time to avoid the crash. In
roughly half of the cases in which motor-vehicle drivers failed to detect a motorcycle
in time to avoid a crash, other obstacles were present, either within the vehicle, as
part of the landscape, or in passing traffic, that interfered with the driver’s line of sight
(Hurt et al., 1981; Bednar et al. 2000). The ability of other road users to see and
conspicuous than passenger cars or trucks, they are more difficult to detect and their
approaching speed is more difficult to determine, and this largely contributes to the
Hancock et al. (1990) described two factors that lead to drivers failing to detect
motorcyclists in the first place: sensory conspicuity (the physical qualities of the
33
approaching vehicle that distinguish it from its background) and cognitive conspicuity
(the degree to which the observer’s experience or intentions affects the salience of
the approaching vehicle). Motorcycles have poor sensory conspicuity (due to the
smaller size of the motorcycle) but they also have poor cognitive conspicuity (they
but this is enlarged, on the one hand, by fairings or, on the other, by changing the
angle of approach. Under daytime ambient light conditions, even motorcycles are big
when they are in a driver's visual field. However, motorcycles’ small size increases
the likelihood that motorcycles will be obscured by traffic and their detection may rely
Horswill and Helman (2001) Moreover, people identify objects on the basis of their
size, shape, colour and motion. At a distance motorcycles are similar to pedestrians
or bicycles except for their speed. Size is related to judgment of speed and distance
so that the speed difference between motorcycles and other road users may not
These findings are supported by him. They found that people waiting to pull out at a
reach them later than an oncoming car – despite the actual time to arrival being
34
exactly the same. This is likely to be due to the smaller size of motorcycles, since the
increase in their size as they approach – their rate of looming - is less easy to detect.
Brooks and Guppy (1990), The lower frequency of motorcycles on the road is
another factor that causes drivers of other vehicle to overlook motorcyclists and
subsequently violate their right-of way. Many drivers do not anticipate routine
Hurt et al. (1981) found that drivers involved in crashes with motorcycles were more
likely to be unfamiliar with motorcycles. they shows drivers who also ride
motorcycles and those with family members or close friends who ride are more likely
to observe motorcyclists and less likely to collide with them. This indicates that
drivers can see motorcyclists, whom they might otherwise overlook, if they mentally
They follow research on vigilance and say that road users become conditioned to
respond more to the visual cues provided by other vehicle than those of motorcycles
35
RESEARCH
METHODOLOGY
36
RESEARCH METHODOLOGY
Research in a common parlance refers to a search for knowledge. One can also
activity and as such the term should be used in a technical sense. the term research
hypothesis, collecting the data, analysis the facts and reaching certain conclusion
generalization for some theoretical formulation. The system of collecting data for
Sample size : 50
Sampling design:
I. Sample Unit:
Sample unit of Market survey report are Customers of Royal Enfield bike
37
The sample size of the report is 50 in numbers.
Primary data:
The primary data are those which are collected afresh and for the first time, and thus
For the study: Questionnaire method is used for collecting the data while
Secondary data:
The secondary data are those which have already been collected by someone and
which have already been passed through the statistical process. Secondary data
For the study: Internet & Books are used for collecting the data while conducting
the research.
38
DATA ANALYSIS
&
INTERPRETATION
39
DATA ANALYSIS & INTERPRETATIONS
8% Bullet 500
12%
20% Thunder Brid
Bullet Electra
16% 20% Machismo 500
16% Bullet350
Classic 500/350
8%
other
Graph No.01
Interpretation
This chart shown that out of 50 respondents, 20% respondents said Bullet 500model
of Royal Enfield do they presently own,20% respondents said thunder brid, 16%
respondents said bullet electra, 8% respondents said machismo, 16% respondents
said bullet 350, 12% respondents said classic 500/350 and 8% respondents said
other.
40
2. How did you purchase the bike?
36%
Cash
64% Loan
Graph No.02
Interpretation
This chart shown that out of 50 respondents, 64% respondents said they purchase
bike from cash and 36% respondents from loan.
41
3. Please specify your source of awareness of Royal Enfield while buying
your bike?
Newspapers
8%
8% Magazines
20%
Friends
16% Road shows
20%
6TV Adds
8%
Website/blogs
12% Showroom
8%
Others
Graph No.03
Interpretation
This chart shown that out of 50 respondents, 20% respondents said newspaper is
the source of awareness of Royal Enfield while buying their bike,20% respondents
said magazines, 8% respondents said friends, 8% respondents said road shows,
12% respondents said 6TV adds, 16% respondents said website/blogs, 8%
respondents said showroom and 8% respondents said other.
42
4. Please specify your bike’s mileage?
8%
45km/lit & above
16%
40-45
60% 35-40
12% 30-35
Below 30
4%
Graph No.04
Interpretation
This chart shown that out of 50 respondents, 8% respondents said their bike’s
mieage is 45km/lit.& above, 16% respondents said 40-45, 12% respondents said
35-40, 4% respondents said 30-35 and 60% respondents said below 30.
43
5. Are you satisfied with the bikes mileage?
30%
Yes
70% No
Graph No.05
Interpretation
This chart shown that out of 50 respondents, 30% respondents said yes, they are
satisfied with the bikes mileage and 70% respondents said no, that they are not.
44
6. Which place did you prefer to purchase your Royal Enfield bike?
10%
Showroom
20%
Direct second hand
70%
Used vehicle
dealership
Graph No.06
Interpretation
This chart shown that out of 50 respondents, 70% respondents said that they prefer
to purchase their Royal Enfield bike from showroom, 20% respondents saidDirect
second hand and 10% respondents said Used vehicle dealership.
45
7. Availability of spare parts in market?
Readily available
20%
40% don’t get
20% them readily
Don’t have good
20% spares supply
Major
headache
Graph No.07
Interpretation
This chart shown that out of 50 respondents, 40% respondents said their bike’s
spare are parts Readily available 20% respondents said that they don’t get them
readily, 20% respondents said Don’t have good spares supply, 20% respondents
said Major headache.
46
8. Any major problems after purchasing Royal Enfield bike?
No problem
6% 4% High maintenance
10%
20%
Poor after sales
20% service
40% High price
Low mileage
Noisy vehicle
Graph No.08
Interpretation
This chart shown that out of 50 respondents, 20% respondents said they don’t have
any problem after purchasing Royal Enfield bike, 40% respondents said High
maintenance, 20% respondents said Poor after sales service, 10% respondents
said High price, 6% respondents said Low mileage, 4% respondents said Noisy
vehicle.
47
9. How you rate for your satisfaction level with respect to power and pick
up of your Royal Enfield bike?
10%
30%
20% Poor
Average
Good
40% Excellent
Graph No.09
Interpretation
This chart shown that out of 50 respondents, 10% respondents saidpower and pick
up of their Royal Enfield bike is poor, 20% respondents said average, 40%
respondents said good, 30% respondents said excellent.
48
10. How you rate for your satisfaction level with respect to comfort and
safety of your Royal Enfield bike?
10%
30%
16% Poor
Average
Good
44% Excellent
Graph No.10
Interpretation
This chart shown that out of 50 respondents, 10% respondents saidcomfort and
safety of their Royal Enfield bike ispoor, 16% respondents said average, 44%
respondents said good, 30% respondents said excellent.
49
11. How you rate for your satisfaction level with respect to after sales
service of your Royal Enfield bike?
16%
44% 10% Poor
Average
Good
30%
Excellent
Graph No.11
Interpretation
This chart shown that out of 50 respondents, 16% respondents saidafter sales
service of their Royal Enfield bike is poor, 10% respondents said average, 30%
respondents said good, 44% respondents said excellent.
50
12. What do you think is the major barrier for not purchasing Royal Enfield
bikes by non-bullet riders?
High maintenance
Noisy vehicle
Graph No.12
Interpretation
This chart shown that out of 50 respondents, 40% respondents said High
maintenance
is the major barrier for not purchasing Royal Enfield bikes by non-bullet riders,20%
respondents said Poor after sales service, 20% respondents said high price, 10%
respondents said low mileage, 6% respondents said poor promotion, 4%
respondents said noisy vehicle.
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13. Where do you service your Royal Enfield bike?
0% Showroom
20%
Well known bullet
20% mechanic
60%
Nearby garage
Self service
Graph NO.13
Interpretation
This chart shown that out of 50 respondents, 60% respondents saidservice your
Royal Enfield bikein showroom, 20% respondents said Well known bullet mechanic
and 20% respondents said Nearby garage.
52
14. Do you agree that company takes action towards the complaints lodged
by the customers?
44%
56% Yes
No
Graph No.14
Interpretation
This chart shown that out of 50 respondents, 56% respondents said yes, agree that
company takes action towards the complaints lodged by the customersand 44%
respondents no they do not agree.
53
FINDINGS
54
FINDINGS
64% respondents said they purchase bike from cash and 36% respondents
from loan.
said friends, 8% respondents said road shows, 12% respondents said 6TV
70% respondents said they are satisfied with the bikes mileage and 30%
, 70% respondents said that they prefer to purchase their Royal Enfield bike
40% respondents said their bike’s spare are parts Readily available 20%
respondents said that they don’t get them readily, 20% respondents said
Don’t have good spares supply, 20% respondents said Major headache.
55
20% respondents said they don’t have any problem after purchasing Royal
said Poor after sales service, 10% respondents said High price, 6%
10% respondents saidpower and pick up of their Royal Enfield bike is poor,
10% respondents saidcomfort and safety of their Royal Enfield bike ispoor,
16% respondents saidafter sales service of their Royal Enfield bike is poor,
40% respondents said High maintenance is the major barrier for not
Poor after sales service, 20% respondents said high price, 10% respondents
noisy vehicle.
Nearby garage.
56% respondents said yes, agree that company takes action towards the
agree.
56
CONCLUSION
57
CONCLUSION
The study has helped Royal Enfield dealers to understand whether the
customers are satisfied or not. If not what are main reasons for dissatisfaction
of customer towards the dealer and what are the ways of improving the
We can conclude younger generation and middle age are more interested in
Royal Enfield, the buying behavior is governed predominantly by the need for
Power and respect for the iconic Brand and users are mostly Professional
Males, 20-35 years of age, including some students. Most of the customers
are attracted to newly released Classic 350/500, also customers are easily
affording the price of Royal Enfield bikes and customers are very loyal
customers, mileage of the Royal Enfield bikes is very economical and most of
them prefer to buy their bike brand new from showroom with the spare parts
Royal Enfield has an excellent satisfaction level within the customer for its
customers on regular basis to maintain its brand value and entire Royal
58
LIMITATIONS
59
LIMITATIONS
Although the study was carried out with extreme enthusiasm and careful planning
1. Time Constraints: The time stipulated for the project to be completed is less
and thus there are chances that some information might have been left out,
however due care is taken to include all the relevant information needed.
2. Sample size: Due to time constraints the sample size was relatively small and
would definitely have been more representative if I had collected information
60
SUGGESTIONS
61
SUGGESTIONS
62
ANNEXURE
63
QUESTIONNAIRE
Dear respondent,
RESPONDENT PROFILE
Name of the
respondent:................................................................................................
Residential/ office
address:............................................................................................
...............................................................................................................................
.........
Contact no.
:..................................................................................................................
Age group of the respondent : 18-25 ( ) 25-35 ( ) 35-45 ( ) 45 or More(
)
Education/ qualification:
.............................................................................................
Occupation:............................................................................................................
.....
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o Newspapers
o Magazines
o Friends
o Road shows
o TV Adds
o Website/blogs
o Showroom
o Others
6. Which place did you prefer to purchase your Royal Enfield bike?
o Showroom
o Direct second hand
o Used vehicles dealership
9. How you rate for your satisfaction level with respect to power and pick up
of your Royal Enfield bike?
o Poor
o Average
o Good
o Excellent
65
10. How you rate for your satisfaction level with respect to comfort and
safety of your Royal Enfield bike?
o Poor
o Average
o Good
o Excellent
11. How you rate for your satisfaction level with respect to after sales
service of your Royal Enfield bike?
o Poor
o Average
o Good
o Excellent
12. What do you think is the major barrier for not purchasing Royal Enfield
bikes by non-bullet riders?
o High Maintenance
o Poor after sales service
o High price
o Low mileage
o Poor promotion
o Noisy vehicle
14. Do you agree that company takes action towards the complaints lodged
by the customers?
o Yes
o No
66
BIBLIOGRAPHY
67
BIBLIOGRAPHY
Books:
Websites:
www.royalenfield.com
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