Professional Documents
Culture Documents
REFERENCE TO NEYVELI
INTRODUCTION
Marketing is the process by which companies can create customers interest in product or
services. It generates the strategy that underlies sales techniques, business communication and
business development. This integrated process makes the companies to build strong customer
relationship and create value for their customers and for themselves. Consumer behaviors are of
plays a vital role in creating an impression on commerce as a whole. It focuses on how individual
make decision to spend their available resources on consumption related items. Many
In this era of cut throat competition, no company can survive in the market place
without knowing its product’s strengths and weaknesses. It has to fortify (Strengthen) itself
against threats from the environment and exploit its strengths for increasing profits. In order to
do so, the company has to conduct regular surveys to know the customer’s opinions, needs, and
preferences. This helps the company to manufacture the product according to customer’s
expectations. It has now become more important for the customer confidence and higher position
The Bike segment is Dominated by 4 major players viz. HERO HONDA ,BAJAJ,
TVS, ROYAL ENFIELD .Besides these, there are players like –YAMAHA, SUZUKI.
The expanding Indian market, the growing size of the middle class and the rise in
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aspirations of the youth along with opening up of the Indian economy have collectively
influenced the steady growth of the two wheeler market in India. With leading foreign brands in
collaborations with Indian company manufacturers entering the Indian market, the customer
could not have asked for more. In fact, the Indian bike market has grown immensely and the
preference for variety looks, design has brought in a number of models in the market. In the last
3 to 4 years, the craze for motorcycle over the scooters has picked up and one can find today
even girls crazy for a motorbike not only in the Metros but in small towns and cities also.
INDUSTRY PROFILE:-
The automotive industry design, develop, manufacturer, market and sales the worlds
motor vehicles. In 2018-19 more the 70 million motor vehicle including cars and commercial
In the 2018-19 the automobile industry produced over the 70 million vehicle, and
employed over the 9 million people and represented over 5% of world total manufacturing
employment. In 2018-19, the global vehicle registrations reach nearly 901 million vehicle.
The fastest growing market for automobiles are china, India, Russia, and brazil. In
2019 with rapidly rising oil prices, industries such as the automotive industries are experiencing
a combination of pricing pressures fro row material cost and change in consumer buying habit.
The industry is also facing to increase external competition from the public transport sector
In the automobile industry there are a many players as the Hero Honda motor
limited, Bajaj auto limited, TVS motor company limited. The other players of the two wheeler
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industry as the kinetic motor company limited, kinetic engineering limited, LML, Yamaha
motors India limited, Majestic Auto limited, Royal Enfield, and Hero Honda motorcycle and
The Indian automobile Industry consist of five segment: commercial vehicles, multi
utility vehicles, and passenger cars, two-wheeler, three wheeler, tractors. The automobile
industry in India the tenth largest in the world with the annual production of the approximately 2
million unit expected to become one of the major global automotive industries in coming year. A
number of the domestic companies produce to the automobile industry in India and growing
De-licensing in 1991 has put the Indian automobile industry on a new growth track,
attracting foreign auto gains to setup the production facilities in the country to take advantage of
various benefit it's offers. this took that Indian automobile production from the 5.3 million unit in
the 2001-02 to10.8 million unit in 2007-08. the other reason is to be attracting global auto manu-
facture to Indian are the country's large class population, growing earning power, strong
TWO-WHEELER INDUSTRIES ;
India is the second largest two-wheeler manufacture in the world and largest
manufacture in the in the world. Indian two-wheeler segment include in a range of vehicle such
as the scoter-geared and unguarded, moped and motorcycle. In india there are a 3 scooter
manufactures, and 3 moped manufacture, Hero Honda, TVS, Bajaj Auto, Suzuki, Yamaha, etc
are leading manufacturer. They have also dominated the global area after piaggo. production of
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the automobile industry during the financial year 2008-2009 is 17.22 million.
2014-2015 6.52
2015-2016 7.60
2016-2017 10.78
2017-2018 13.52
2018-2019 17.22
2014-2015 6.20
2015-2016 7.05
2016-2017 11.42
2017-2018 7.86
2018-2019 12.16
Indian two wheeler industry has seen spectacular growth. The country stand next to china and
Majority of Indians especially the youngster prefer motorbikes rather than cars. capturing
a large share in the two wheelers industry, bikes and scooters cover major segment. Bikes are
large variety of two wheelers that are available in the market, known for the most recent
technology and improved mileage Indian bikes, mopeds stand for style and class for everyone in
India.
Large variety of two wheelers are available in the market, known for their latest technology
and enhanced mileage. Indian bikes, scooters and mopeds represent style and class for both men
Two wheelers are the most popular and highly sought out medium of transport in India.
Economical price
Safety
Fuel efficient
Comfort level
However, few Indian bike enthusiasts prefer high performance imported bikes. Some
of the most popular high-speed bikes are Suzuki hayabusa Kawasaki ninja, Suzuki Zeus,
hero Honda karizma, Bajaj pulsar and Honda unicorn. These super bikes are specially
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deigned for those who hove browse through the pages and catch all details of high
performance two wheelers in India.
BAJAJ
Established in 1945, Bajaj auto ltd was incorporated as a trading company. Till 1959, they
imported scooters and three wheelers from Italy and sol them india. The company got a
production license in the year 1959 and fastened a technical collaboration with Italian PIAGGIO
in 1960.
Bajaj auto ltd is one among India ’s top ten companies in terms of market capitalization and
among the top five in terms of annual turnover. The company started producing in 1962. Its
collaboration with piggio expired in 1971 and since then, scooter and three wheelers are being
In 1984, the second production plant was set up at Aurangabad, Maharashtra. This plant started
scooter production in 1986, three wheeler production in 1987 and scooter and motorcycle
Today ,the company has become a market leader with annul production in excess of 1.35
million units which was about 4000 unit in 1961. These days, Bajaj auto ltd has stated offering
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Bajaj discover 150 DTSI 150cc
Bajaj avenger 180cc
Bajaj ct 100 99.27cc
Bajaj Discover DTSI 135.cc
Bajaj Kawasaki caliber 111.6cc
Bajaj Kawasaki boxer 111.6cc
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ENFIELD MOTORS
Established in 1955 , ROYAL ENFIELD was the brand of the enfield cycle company.
Royal Enfield is one of the oldest bike on the road . the company is well known for producing
motorcycles, but they also produce bicycle, stationary engines lawn mowers and rifle small parts
for the royal small arms factory in Enfield. Royal Enfield motors ltd has its headquarter situated
In 1990, royal Enfield entered into a strategic alliance with the belcher group, and later
merged with it 1994. The annual turnover of the company is rs.10 billion. The eicher group has a
range of interests in the automotive industry, including small trucks, tractors, exports, automotive
The innovative ideas of the royal enfild-eicher nexus is exhibited in the new line of
ROYAL ENFILED MOTORS LTD operates out of 12 area offices, 16 depots, over 250
dealers and 150 authorized service enters in India. The company also export its products to over
SUZUKI
profitability. That means we build great products, and we ‘ll always be there to support our
performance automobiles, an motorcycles. The experience and expertise that makes Suzuki
synonymous with consistent performance, goes right into every vehicle they make.
This India subsidiary employ about 650 people including the contract workers. Suzuki
motorcycle is a manufacturer of two wheeler and has its manufacturing facility at gurgaon,
Haryana. The company started its manufacturing operations today, some of the most
technologically advanced, exciting, and dependable vehicles on the road were manufactured by
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Suzuki motor. Buying a Suzuki offer you maximum confidence because of the proven quality of
the products, the pride and strength and unbeatable built in value.
Suzuki hayabusa 1340cc
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TVS
TVS motor is a leading and trusted two wheeler company began with the vision of
TVS scooty. Scooter the founder of the sundaram clay ton group, the late t.s srinivasan- to
design, develop and produce an affordable moped for the Indian family. This vision was
realized in 1980 when TVs 50, India’s first two seater moped rolled out of the factory at house
TVS motor has continually worked on innovating the motorcycle segment along
with two wheeler range. The Suzuki shoaling, developed by TVs Suzuki is India’ first 5 speed
140 cc motorcycle. Another example of the company success is TVs scooty, 60 cc scooter
TVS motor has been coveted 2 it awards, one of the is bagging the SAPACE 2008
award for customer Excellence and other one is 2008 Symantec south Asia visionary award.
Along with this, its the first company in the word to be honored with the Deming prize for
quality management. In September 2008, the company has got 19% growth for registering total
The company is third largest two wheeler manufacturer in india and rank among the top
ten globally. Company was the first in india to launch 2 seater 50cc moped and 100cc indo
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YAMAHA
Yamaha Motor India Pvt. Ltd. Is a 100% owned subsidiary of Yamaha Motor Company
Ltd. of Japan. Yamaha Motor is located at Faridabad, Haryana with employee strengthof more
than 3000 people. The company has opened “Yahama One”- a branded dealership at Delhi and
Holding the true spirit of commitment to customer satisfaction – Yamaha Motor India is
enriching lives of the 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 100% subsidiary of YMC , Japan. Since
then it has been in the process of redefining business processes and extending the awe and power
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YAMAHA ’ s association with india began in 1985 for the first time when it provided
build products that stand out for their quality wherever they are sold. In the year 1960, the
company began manufacturing powerboats and outboard motors. In June 2000, the equity
Situated at Faridabad, Haryana, Yamaha motor india private limited is a 100% owned
subsidiary of Yamaha motors company limited of japan. Total employee strength of the company
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YAMAHA MT 15 155CC
YAMAHA FZ V3 149CC
YAMAHA MT 09 847CC
YAMAHA FZ 16 150CC
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INTRODUCTION
This part of the Chapter covers the study related with Automobile industry and reviews are
likewise displayed to characterize the nature of the problem. The most vital part of any research
is the literature as it is a basic and foundation part of the investigation since it covers all past
research done on the subject and sets the platform on which the flow of current research and
study is based.
A literature assessment done has gone beyond the look for information and includes the
identification and articulation of relationships among the literature and the area of research. The
study is based on the inferences drawn from research articles and books with respect to the
research topic. This part contains review of research articles, review of books, Thesis and survey
The subject area of present research is connected with two wheeler industry and its effect on
different gatherings or areas of economy. In the 21st Century, we are seeing a progression of
changes in two wheeler industry with foreign players entering the market Ducati, Harley and
Triumph. Market stability is the ruler of the past as innovation advances and business need to
spread out to increase the value of their services. There are numerous contemporary changes that
are occurring in and around the economy which are in charge of changes in the two wheeler
industry as a monetary movement. The present review manages to understand the growth of two
wheeler industry, its implications on economy, identify factors influencing the two wheeler
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customer behaviour, the responses of consumer and how two wheeler industry sales practices has
influenced the overall economic growth of service sectors in particular as well as the economy in
general.
From the above factor of view the researcher has identified following as the basic purpose of
research.
i. To study the growth and development of Indian two wheeler companies
ii. To study the factors influencing customer’s buying decisions of a two wheelers
iii. To analyze the buying process for a two wheeler
iv. To study the pre and post sales practices of two wheeler companies
v. To study and analyze the impact of factors influencing customer buying behaviour on sales
practices
PURPOSE OF REVIEW
To recognize the overall trend in the automobile enterprise round the globe
To identify the reasons of development of two wheeler automobile industry at large and
its impact on advertising of offerings.
To discover the constituents of marketing environment that includes the two wheeler
automobile industry.
To find out how the consumers have changed their perception about two wheeler
industry, about new sales practices in two wheeler industry and how the customers are
responding to the techniques adopted by two wheeler companies.
To identify what are the contemporary areas of research in two wheeler industry and how
the researchers have studied different dimensions of two wheeler industry.
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To know what are the observations of different expert, marketers and researchers
regarding development in two wheeler industry and its impact on consumer response,
economic development as well as competitive changes that have taken place in sales
From this point of view the researcher has made this review in a particular chronological
order, comprising of the review of various books regarding Marketing, Consumer Behaviour and
OBJECTIVES OF REVIEW.
1. To examine the trends and changes in the field of two wheeler industry in India as studied
by different experts.
2. To find out new growth patterns in two wheeler marketing in India as noticed by different
authors.
3. To understand the developments and changes noticed via extraordinary authors and
researchers within the subject of two wheeler purchaser behaviour
4. To find perspectives and viewpoints of experts at national and worldwide level concerning
SCENARIO
The researcher has referred to a number of reference books for the research work. Some of the
(Philip T. Kotler & Gary Armstrong, 2011)1 in their book „Principles of Marketing
Management‟ have given a bits of knowledge on marketing management. The author has used
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various case studies and examples from the real market for each chapter making it more practical
oriented. He has also explained the importance and usefulness of Marketing Management for
various products and services across the markets. The book is organized into four portions:
Defining Marketing and Marketing Process; Understanding the Market Place and Consumers;
Designing a Customer-Driven Strategy and Mix; Extending Marketing. The fourteenth release
incorporates scope on supportability and an attention on marketing in today's difficult financial
atmosphere. This book gives an impeccable mix of hypothesis and reasonable application for its
readers. This book offers a short, brief insight of important concepts and cases.
(C.B.Mamoria, R.L.Joshi, & M.I.Mulla., 2005)2 The book “Principles and Practice of
Marketing in India” is exceptionally valuable to comprehend the idea of Marketing System and
Marketing Mix. The book gives wide data about the marketing of consumer products, Industrial
goods and agricultural goods. It is like way throws light regarding the matter Market
C.B.Mamoria, R.L.Joshi, & M.I.Mulla., 2005)2 The book “Principles and Practice of
Marketing in India” is exceptionally valuable to comprehend the idea of Marketing System and
Marketing Mix. The book gives wide data about the marketing of consumer products, Industrial
goods and agricultural goods. It is like way throws light regarding the matter Market
(Adcock, 2000) in his book “Marketing Strategies for Competitive Advantage” considers
methods for accomplishing a competitive edge and how to conquer the top position in the market
18
place. The author investigates vital basic leadership from two points: he demonstrates different
ways to build relations and create skills that will strengthen these relationships and he likewise
analyses how to create and own new markets. The author focuses on developing and maintaining
relationship with customers as he considers it as very noteworthy while planning and executing
of a marketing plan. The author tries to explain relationship marketing and competitive
advantage with real time examples. The author considers the advantages of significant worth of
(Cassell, 2009)5 his book “Brilliant Selling: What the Best Sales People Know, Do and Say”
gives a strong foundation of sales practices to guarantee success. The author discusses the key
selling skills and investigates the requirements to develop the mindset and attitude of a excellent
sales person. It also discovers that anything can be sold and targets are always achievable. The
book gives a road map to achieve the selling skills by emphasizing the Knowledge to Plan,
Persuade, Negotiate, Collaborate and Sell. The book truly helps to understand what the customer
(R K Srivastava, Ernest Cyril de Run, & Kim Shyan Fam, 2008)6 describe in their book
“Sales Management” the different aspects of Marketing and Sales Management. The book opens
up the importance of Sales management in changing times and how it is the nerve of each and
every organization. The book covers the following topics like Sales Planning, The Selling
Process, Territory Management, Sales Control, Sales Training, Role of an Area Sales Manager,
How can First Line Sales Managers be more effective, How to Build Team Spirit, Get Best Sales
Performance and Sales Incentives. The book develops a correct perception about Sales
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(Phadtare, 2012)7 in his book “Marketing of Two-Wheelers in Liberalized India” describes the
two wheeler industry in India which has now ventured to every part of the transform from the
seller's market to the purchaser's market. The book explains in detail the issues and problems
related to product mix, target segments, technology level and environment. Rating of 23 factors
is discussed in relation to inclinations of aspirant male and female towards experienced male and
female. A correlation of nature of services of three sorts of specialist organizations is made.
Approaches for product and service advancement are pondered. Dyadic models, feature
mapping, evaluation criteria for an objective and systematic selection of dealers were determined
a formulated by using simple tools. The subjective modern changes prone to occur will be
(Michael A. Belch, Keyoor Purani , & George E. Belch, 2013)8 in their book “Advertising
change from the traditional advertising methods to the more widely recognized approach of
coordinating all elements of the promotional mix to develop and implement an effective
communications program.
(Sandra Moriarty, Nancy D Mitchell, & William D. Wells, 2012)9 in their book “Advertising
and IMC: Principles and Practice” tracks the changes in today’s dynamic world of media and
and presents through an accessible, well-written approach. The ninth edition highlights the
increasing importance of consumers as the driving force in today’s advertising strategies, social
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media and the Internet evolution/ revolution. It also includes an increased IMC and brand focus.
Although the marketing communication environment is ever-changing, this text also highlights
the basic, timeless principles of advertising and marketing communication. These enduring
have recommended customer behaviour as individual varies as from group. The household
choice for a purchase is totally not quite the same as individual purchase decision. The authors
discussed about different factors that influence buyer purchase choice. The book concentrated on
family life cycle and different needs of customer amid various life cycle stages. The family
decision making process as a collective choice making process is expounded and it is suggested
for market segmentation as indicated by family need hierarchy. The book illustrates the
Decision Making. A concise structural framework is presented in the first chapter to enhance
book's final chapter ties all of these concepts together into a fine-tuned, detailed model that helps
making. Market segmentation approach throughout introduces to the practical issues that the real
business world interacts with. This popular, real-world approach of market segmentation
provides with the structure and direction for successful market practice. The book illustrates the
enhanced global outlook through examples and by addressing cultural differences in both
differences.
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(Del I Hawkins, , Roger J Best,, Kenneth A Coney,, & Amit , 2007)11 discussed in their book
“Consumer Behaviour” about different variables influencing purchaser for purchasing, such as,
demographic and social impacts (family and household), group impact, effect of advertising and
internal influences (learning, perception, attitude and so forth.). The book explains the various
types of buying decisions, buyer’s involvement in purchase and product involvement. The book
additionally stressed on the search process for gathering information and different mediums
through which information can be acquired and assessed by the customers are prescribed in this
review. The book additionally accentuated on individual perception and judgement. They also
recommended that the capacity of a person to recognize comparable boosts is called sensory
discrimination which could include numerous factors identified with individual inclinations.
(Loudon David L. & Bitta Albert J. Della, 2004)12 in their book “Consumer Behaviour”
mentioned that consumer behaviour studies assume an imperative part in segmenting the markets
and planning focused marketing strategies. The authors advocated consumer behaviour as
applied science as the customer is frequently considered as a subject matter of study as certain
considerations are significantly influenced by their behaviour or expected activities. The authors
suggest firms how it‟s important to consider the core marketing activities in outlining successful
and effective marketing strategies. The authors highlighted the elements influencing customer
examinations in their book. They revealed that, client conduct is a connected science and
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furthermore the examination of client conduct goes well past the simple demonstration of
procuring or the use of the administrations or items. The book has depicted buyer fundamental
purchasing conduct, purchaser’s black box and noteworthiness of client conduct considers for
(Dr. Kerav Pandya, 2011) has elaborated the Indian two wheeler industry with special
reference to motorcycle users in his book “Consumer Behaviour in Two wheeler Industry”. In
India, those who use private transportation, majority of them depend on two-wheelers due to
convenience, less traffic problems, less price compared to four wheelers, less running and
maintenance cost etc. In two-wheeler industry, a large number of Indian and foreign players are
competing for higher market share. They focus on consumer psychology for providing the
required features in two wheelers, for designing their advertisements and for identifying better
ways of communication to the consumers. This book contains the research study on
understanding the consumer behaviour of motorcycle users of Gujarat, India. Extensive data
analysis has been carried out using various statistical tools. The study identifies some factors and
features of motorcycle that are relatively more important to consumers. The book is helpful in
better understanding of behaviour of motorcycle users in the developing countries like India and
( Zeithaml , Bitner, & Gremler, 2012)15 in their 6th edition “Services Marketing” have
services designs and standards, delivering and performing service and managing service
23
promises. The book focused on various challenges and issues of service marketing, the GAPS
model of service quality and customer defined service standards. The book discussed service
quality models and service preference models in detail. The book also recommended uniformity
(Krishna K. Havaldar & Vasant M. Cavale, 2011)16 in their book “Sales and Distribution
Management”, talk about the sales and distribution aspects of a marketing venture. Since the
marketing industry in itself is quite vast with its various parts like advertising, promotion and
shipping of the ultimate product. The book makes a clear understanding of the intricacies
involved in marketing research and overall logistics. This book seeks to establish a link between
the concept of sales and distribution and their effective management. The role of sales managers
in this context becomes relevant and the authors emphasize on that, along with analyzing sales
objectives, strategies, control and general understanding of sales management. The book gives a
clear understanding of all the main components of sales and distribution management with its
practical orientation.
(Sheth & Parvatiyar, 2000)17 in the book “Handbook of Relationship Marketing” stress the
marketing is emerging as the 'core' of all marketing activity. In recent years, there has been an
explosive growth in business in relationship marketing and this book has presented the key
concepts, theories and applications. The authors of this book have assembled an authoritative and
global cast of chapter contributors and crafted a volume that will become the seminal, founding
work in this growing field. Their approach is eclectic, including a broad coverage of topics,
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(Ramana & G. Somaya., 2003)18 book on „Customer Relationship Management‟ attempts
to give the nature, conception as well as execution of CRM practices and techniques applicable
to various associations The book is partitioned into three sections: Part I of the book gives a
calculated structure, use of CRM in manufacturing and service sectors. Part II manages the e-
CRM ideas and execution issues required in its importance to various sectors. Part III comprises
of case studies of associations which have executed CRM.
(Shajahan, 2004)19 in his book “Relationship Marketing: Text and Cases” explained the
fundamental principles of customer relationship building and their applications through suitable
case studies. This book focuses on the power of customer relationship management. Customer
environment faced by organizations throughout the world today. The book discusses on customer
acquisition, retention, measuring profitability from relationship, CRM, customer loyalty and so
on. The book covers the technology issues and internet applications and it also exclusively
(Alvin C. Burns & Ronald F. Bush, 2014)20 in their book “Marketing Research” gives a “nuts
and bolts” understanding of marketing research and provides with extensive information on how
to use it. The text is in simple language which provides the fundamentals of the statistical
procedures used to analyze data. The authors has given good knowledge of statistical analyses
The authors have added guidelines to help and write reports after conducting a statistical analysis
using SPSS. By integrating SPSS 17.0 into the text, the researchers was at eased into
understanding the software what the analysis technique is, when to use it and how to interpret
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(Scott M. Smith & Gerald S. Albaum, 2005)21 in their book “Fundamentals of Marketing
Research” covers all facets of marketing research including method, technique and analysis at all
levels. The methodological scope regarding research design, data collection techniques and
measurement is broad with three chapters devoted to the critical area of measurement and
scaling. The presentation is from primarily a pragmatic and user-oriented perspective which aids
to evaluate the research. The book explores cutting-edge technologies and new horizons through
(Nair, 2016)22 book on “Consumer Behaviour and Marketing Research” combines two vital
aspects of the field of marketing therein. The book is divided into two parts: Consumer
Behaviour and Marketing Research, covering the various facets of consumer behaviour and the
steps involved in the marketing research process, respectively. It is an effort on the part of the
author to cover the subject matter with a blend of the important aspects related to the fields of
Consumer Behaviour and Marketing Research. Most of the important concepts and variables
involved in consumer behaviour and marketing research are explained citing real and practical
INTERNATIONAL JOURNALS
A large number of authors have contributed by undertaking different research projects
regarding customer behaviour, factors affecting customer behaviour, various sales practices
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There are even researches regarding display arrangement, discount and price off as they
strategies adopted by companies. It is worth understanding how the researchers have identified,
understood and analyzed different facets of consumer behaviour in two wheeler industry.
REVIEW ON INDIAN AUTOMOBILE AND TWO WHEELER INDUSTRY
(Dr. Govind P. Shinde & Dr. Manisha Dubey, 2011) analyzed the figures of the Indian
multi-purpose, two wheelers and three wheelers during the period 2005 to 2010. The review is
conducted to study the performance and trend of key players of Indian automobile Industry. The
study is based on secondary data and statistical tools such as the excel software is used to
analyze the data. The authors have portrayed every segment briefly describing the present and
future market patterns and developments in the Indian automobile industry. The study takes into
account the past and current trends in an economy and identifies immense opportunities for
components. The position of Indian automobile industry is revealed by using swot analysis.
Notwithstanding economic slowdown, the Indian automobile industry has demonstrated high
growth and shows a bright coming future due to economic sustainability and increasing living
standards and purchasing powers of the Indian customer’s. Despite the fact that the Automobile
industry is recording expanding development rate in sales, yet in the meantime there are grey
areas in the automobile business and these should be considered by the auto versatile industry to
overcome.
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(Amarjit Singh & Dr. Vinod Gupta, 2012) gives a holistic view of Indian Automobile
Industry by conducting the research on secondary data which was collected from the books,
magazine, in-house materials and websites of automobile industry. Quantitative approach is used
for this study. The research examines the market percentage of Indian automobile industry,
forecast for Indian automobile industry and swot analysis of Indian automobile industry. The
working system is based on open market for automobile industry in India and hence several joint
ventures have up springed in India with foreign collaboration. The study concludes that the
Indian automobile industry holds huge scope for expansion in domestic and international market
(Upadhyay, 2013) witnessed the huge growth opportunities for manufactures and service
providers in Indian rural two -wheeler market. This paper goals at an empirical study of rural
purchasing two wheelers in rural India. The authors predict the short to medium term outlook of
the industry will stay healthy, majorly driven by rising demand from rural areas and smaller
towns. According to the review the rural two wheeler market will be enhancing in future and
hence the competitors can utilize this opportunity via more and high-quality infrastructure in the
form of just good roads and using brand new technology and can provide an edge over
(Sharma, 2016)27 provides attention on market share of major two wheelers brand in Jaipur city and
also identifies the market leader among major brands of two wheeler companies namely Hero Moto
Corp, Honda, TVS and Bajaj. The scholar thinks that customer have a criteria of inclination towards
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purchase a two wheeler before they decide to purchase a vehicle. The author has endeavored to
summate a portion of the components which people evaluate before the genuine purchase. The
review uncovers the different choice a customer evaluates at the time of purchasing a two wheeler
however the choice relies on upon different elements like product properties, price, credit assistance
and brand. The research inferred that Hero Moto Corp is the main brand of bike in Jaipur city
followed after by Honda, TVS and Bajaj.
(Pradeepta K. Sarangi, , Shahin Bano , & Megha Pant , Future Trend in Indian
Automobile Industry :A Statistical Approach, (2014) made an attempt to figure out the
growth of Indian automobile industry and to report the forecasted values for the next three years
(2013-14 to 2015-16) using statistical technique like Graphical method with linear trend line.
The secondary data from websites is used to study the Indian automobile industry from the
period 2001-02 to 2012-13 for the segments of production trend, domestic sales trend and export
trend for two categories: passenger and commercial vehicles. An entry has been made to realize
and analyze the present and future pattern in Indian automobile industries. Regardless of quite a
lot of ups and downs prior to now years, the experiments show confident progress in above two
(L Nanda Gopal, 2013) attempted the study and investigate the impact of globalization on
Indian two wheeler market and analyze the advantages from globalization in this industry. The
study has been explored through secondary sources such as reports, books, journals, articles and
access through websites etc. It discovered globalization approach has affected the sector in the
entire areas of production, sales, financing, research and development. Globalization has marked
29
a positive influence on the growth of two wheeler industry and thereby highlighting a huge
potential for new entrants models. Keeping in mind the end goal to meet the difficulties postured
by globalization the Indian two wheeler producers need to guarantee the technological
development, appropriate marketing strategies and satisfactory customer care feedback method
structure of two wheeler industry by using Kendall’s Index of Rank Concordance and the Evans-
Karras test of convergence. The study is based on secondary sources acquired from Info point,
Center for Monitoring Indian Economy. The period of ten years i.e. 1988-1998 was selected as it
traversed all major structural moves that had occurred in India. .The industry is described by
oligopoly with the onset of monetary changes not having much effect to modern industrial
structure. The estimations of the Herfindahl Index exhibited that the three segments of the
industry have different reactions towards the continuous changes from the rival firms. Post
liberalization opened doors for unequal number of entries in each segment and it revealed that
the motorcycle segment has a greater number of entries than did the scooter or moped segments.
From the consequences of the Evans and Karras convergence test it can be concluded that in the
(Salwan Prashant, 2007) studied the Indo-Japanese joint ventures – Hero Honda, TVS
Suzuki, Bajaj Kawasaki- and have identified and investigated the difference in competitive
strategies adopted to emerge as aggressive market leaders. For the domestic market Hero
Honda’s plan was to manufacture fuel efficient vehicles. Its worldwide plan was to offer the
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high-quality products to customers with the aid of upgrading technology and to view the world
as one marketplace. Bajaj Auto applied a unique strategy by understanding the pulse of
customers. Bajaj customize its products as in line with market needs. TVS motors strategy was to
reduce price by concentrating on value engineering, global sourcing, lean manufacturing, waste
elimination and continuous reduction in cost and securing product leadership by delivering
customers good brands, innovative packages and developing energy efficient technologies to
become competitive. The study concluded that each venture has its dominance in different two
wheeler segments.
(Ramarao, 2009) examined the necessity for changes in the motorcycle section to face
challenges in the bike aggressive market. Two wheeler manufacturers are adjusting and
improving their product features, productivity, look, appearance and style. Nowadays a two
wheeler is pleasant technique for conveyance. There are many players in two wheeler market
like Hero Honda, Yamaha, Bajaj, TVS but Hero Honda is an established player. The review
identifies and recognizes the difference in consumer behaviour within two time frames, i.e., 2004
and 2008. The research suggest the manufacturers to concentrate and direct their focus towards
the non-stop behavioural changes in the purchaser and thereby making upgrades of their vehicles
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RESEARCH METHODOLOGY
science of study how research is done scientifically. Thus research methodology encompasses
the research methods or techniques; the research is capable of being evaluated either by the
researcher himself or by others.
“A system of models, procedures and techniques used to find the results of a research
problem”. (R. Paneerselvam 2004). For this research, Researcher has used Descriptive Research.
A descriptive research is carried out with a specific objective and hence it results in definite
conclusions. This research tries to describe the characteristics of the respondents in relation to a
sampling technique used in this study is simple random sampling method. A population can be
defined as including all people or items with the characteristic one wish to understand (Prof.
the population under study. “A representative part or a single item from a larger whole or group
especially when presented for inspection or shown as evidence of quality.” The tools used for
Data analysis are Ranking method, Cluster Analysis and Anova. The Data collected were
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OBJECTIVES OF THE STUDY
PRIMARY OBJECTIVE;
SECONDARY OBJECTIVE
To analyses the buyer’s decision process
To analyses the customer expectations, needs wants and how to satisfied it.
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NEEDS OF THE STUDY
It the market potential it would be possible for the management to take the necessary
The needs of the study can be recognized when the result of related study require
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SCOPE OF THE STUDY
The study is useful to know the observations of customer about Yamaha vehicles
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To know the Basic consumer buying behavior and the reasons because of which they
To study the satisfaction level of consumers who uses bikes. To study the factors
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LIMITATIONS OF THE STUDY
Even through the study have conducted properly, there is some limitation occurs they are as
Follows ;
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Consumer Buying Behavior
making a research on choice of brand. As per Fiorito (1990), the consumer buying behaviour
depends on his attitudes, effort to commitment, intentions, preferences, and way of identifying
the consumers have.
Need recognition
Information search
Evaluation of
Purchase
alternatives
decision
Post-purchase
Behavior
In the buying decision process-model as shown above, consumers are passing through five
stages in their buying decision process. In routine purchases consumers usually skip some stages
and do not pass all stages at every purchase. In a minor purchase, information search and
evaluation are often left out. However, the above figure shows consumers take all the
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Need recognition is the first step in the model. In this stage the consumers define a problem or
something that they require. A need could be triggered either by an internal or external stimulus.
An internal stimulus means for example when we are hungry and need something to eat. An
example of an external stimulus is when consumers see a commercial on television and after
that they decide a particular brand is required. That is why it is important for marketers to find
out what exactly stimulus most often consumer activates interest in a particular brand.
Information search stage is the stage when the consumers start gathering information. The
information can be gathered from different sources like personal source, commercial source,
public source and experimental source. As more information is received by consumer, the
Purchase decision is the stage when the consumer actually purchases the product. The
consumers choice of brand might get affected by two major factors one is attitude of others and
Post-purchase behavior is the stage wherein the consumers compare their expectations with
the perceived performance. Consumer stands satisfied, If the expectations are the same as the
Consumer buying behavior differs depending on what kind of product the consumer will
buy. There is a big difference in behavior when purchasing a car compared to purchasing a
toothpaste. Kotler et al., (2009) have made a buying behaviour model with four different buyer
behaviors.
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MAJOR FACTORS INFLUENCING BUYING BEHAVIOR:
professional needs, attitudes and values, personality characteristics, social economic and cultural
background, age, gender, professional status to social influences of various kinds exerted a
family friends, colleagues, and society as a whole. The combination of these factors help the
consumer in decision making further Psychological factors that as individual consumer needs,
motivations, perceptions attitudes, the learning process personality characteristics are the
similarities, which operate across the different types of people and influence their behavior.
There are four major factors which influences on the buying behavior of
consumer.
1. Cultural factors
2. Social factors
3. Personal factors
4. Psychological factors
1 . CULTURAL FACTORS
Consumer behavior cultural can be defined as the some total of learned belief, values and
customs that serve to guide and direct the consumer behavior of all members of that society.
2. SOCIAL FACTORS :
Consumer behavior is also influenced by such social factors as reference groups ,family
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3. PERSONAL FACTORS:
Buyer’s decisions are also influenced by personal characteristics, the buyers’ age, life
cycle stages, occupation, economic circumstances, lifestyle and personality and self-concept.
4. PSYCHOLOGICAL FACTORS :
MASLOW’S hierarchy of human needs make us understand consumer
motivation. It is useful for the marketer who can identify what generic level need this brand is
capable fulfilling and accordingly position his brand up with relevant marketing inputs. Brands
KINDS OF MARKETING
Basically there are three kinds of system that are adopted for the purpose
It provides the management information to the trend and problem in the marketing
was also the marketing opportunities. the data provided cover number aspects of sales and the
management with the basis to access its performance in the past .this becomes a pointer for the
further the system is useful for controlling he marketing cost and findings out the reason for poor
sales .
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MARKETING PLANING SYSTEM
It furnishes information required for future planning of product in a most convenient and
intelligence from. It provides necessary materials even to decide alternative products in addition
to the existing ones. The problems handled by this system are sales forecasting promotional
credit management etc
measures characteristics of different type of customer and also their behavior under difficult
This includes market trends, market share and market potential . it is study of the
size, location, nature and characteristics of market, and the market is segmented on the basis of
many variables age, sex, income, education, etc. In short it can be restricted to the study of
RESEARCH ON PRODUCT ;
It involves new product development, brand, image, corrupt test, and product test,
test marketing of new product etc. it analyses the strength and weakness of the present products
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RESEARCH ON SALES ;
It covers sales forecasting, quota selling territory and other sales related activities.
It analyses sales volume, salesman performance data, new product data etc .
SAMPLNG ;
It is the process of learning about the population, (i.e) all the units of the universe on basis
of a sampling drawn from it. Requires selection of the sample collection and analysis of
information and making an inference about the population. For example, if the objective of the
study is to ascertain consumer satisfaction, it is not possible to get the necessary information
from all the consumer. The researcher may, therefore, selection sample 500 or 1000 consumer
from the market and proceed to collect the required information from them.
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ADVANTAGE OF SAMPLING ;
respondents
DISADVANTAGES OF SAMPLING
The study result will also get affected if the sample size
in inadequate
universe is heterogeneous
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SAMPLING DESIGN
CENSUS METHOD :
All the items in any field of inquiry constitute a ‘Universe’ or ‘Population’. A complete
enumeration of all the items in the ‘Population’ is known as a Census inquiry. It can be
presumed that in such an inquiry, when all items are covered, no element of chance is left and
highest accuracy is obtained. But in practical it is not true in all cases. This type of inquiry
involves a great deal of time, money and energy. Therefore, when the field of inquiry is large,
· SAMPLING METHOD :
When field studies are undertaken in practical life, consideration of time and cost almost
invariably lead to a selection of respondents i.e. selection of only few items. The respondent
technically called a ‘Sample’ and the selection process is called ‘Sampling Technique’. The
A sample design is a definite plan for obtaining a sample from a given population. It
refers to the technique or the procedure the researcher would adopt in selecting items for the
sample. Sampling design may as well lay down the number of items to be included in the sample
i.e. the size of sample. Sample design is determined before the data are collected.
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Steps In Sampling Design :
While developing a research design following items are taken into consideration:-
I. Type of universe:
First and the foremost step is to clearly define the universe to be studied. As I have taken
the area of Gorakhpur City, so for me here the universe is Gorakhpur area. No doubt it is a finite
universe but the area is very big and can’t be covered easily due to shortage of time.
Here I have taken the sample of 200 consumer who have bikes.
parameters which are of interest. Here I had taken all consumers who own their bike.
V. Sampling procedure: -
Finally the technique of selecting the sample is to be dealt with. That means through which
method the sample has been collected. There are various types of selecting the sample. This
convenience sampling. Here I have used the cluster sampling method for data collection, as
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Analytical tool
proximity matrix based on a set of observations. The purpose of MDS is to model the
proximity of observations in order to represent them as accurately as possible in a limited
number of dimensions (usually 2). There are different MDS algorithms: XLSTAT uses
the SMACOF (Scaling by Majoring a Convex Function) algorithm that minimizes the
"normalized stress" function. Furthermore, there are several MDS models (or
representation functions), i.e. several ways to transform the dissimilarities into disparities.
The disparities are the distances that describe the optimal representation for the
observations. The difference between the disparities and the distances measured on the
representation resulting from the MDS is called the stress: the lower the stress, the better
When the representation function simply respects the relative order of the observations,
one speaks about ordinal MDS or non-metric MDS. When the dissimilarities are
transformed into disparities using a specific parametric function, one speaks about metric
MDS. The following models are available in the current version of XLSTAT:
Metric MDS
Absolute MDS:
each dissimilarity dij must exactly match the distance between points i and j in the
representation space.
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Ratio MDS:
the ratio of all distance pairs in the representation space must correspond to the ratio of the
corresponding dissimilarities.
Interval MDS:
the ratio of all differences between distances in the representation space must correspond to
Note:
the current version of XLSTAT does not support negative disparities that may
occur if you use the "interval" model. If an error message is displayed on this subject, you
Nonmetric MDS
ordinal (1):
the order of the distances in the representation space must correspond to the order of the
corresponding dissimilarities. If there are two dissimilarities of the same rank, then there are no
ordinal (2):
identical to the previous model, but if dissimilarities exist in the same rank, the
corresponding distances must be equal. The stress measures the quality of the representation for
a given number of dimensions. The lower it is, the better the representation. Various formulas
have been proposed by different authors. Although the minimization is always based on the
normalized stress, XLSTAT allows to show the results using the four formulas defined below:
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Raw stress:
it gives the quality of the representation based on the squared errors of the representation
Where Dij is the disparity between individuals i and j, and dij is the Euclidean distance
on the representation for the same individuals. wij is the weight of the ij proximity (value
is 1 by default).
Normalized Stress:
it gives the quality of the representation based on the squared errors of the representation
compared with the disparities, divided by the sum of the squared disparities. The formula gives:
Kruskal's stress 1;
it gives the quality of the representation based on the square root of the squared errors of
the representation compared with the disparities, divided by the sum of the squared distances on
Kruskal's stress 2:
it gives the quality of the representation based on the square root of the squared errors of
the representation compared with the disparities, divided by the sum of the squared centered
where is the average of the distances on the representation. This formula usually results in a
stress value that is approximately twice the value obtained for Kruskal's stress 1.
In order to know if the representation quality is good enough, some rules exist, mostly
based on the Kruskal's stress 1. However, the Shepard diagram that allows to compare the
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dissimilarities with the distances and to observe some ruptures in the ordination of the
values is a empirical but reliable method. The more the chart looks linear, the better the
representation. The way the stress evolves when the number of dimensions decreases is
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SOURCES OF DATA
PRIMARY DATA
Primary data are those which are collect for the time and they original in character .
these are collected by the research himself to study a particular problem. The different are the
different methods of collecting primary data.
The researcher contacts the responding personally and obains all the relevant information for
his Study
This approach contacts the respondents possible to get infoformation directly for m
the parties concerned. For example, if any study is on addition to allocation, the required
information can be better secured by approaching those who are closely required information
can be better secured by approaching those who are closely related to the addict.
In this case the investigator appoints agents or corresponds to collect the necessary
Here, the investigator will prepare a questionnaire, containing the questions pertaining to the
study, and send it to each respondent by post. The respondent will fill its and send it back to
investigator
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In this method , researcher would send schedules through emulators or interviewers. The
interviewers would interview the respondent and record the details. The main difference between
a questionnaire and a schedule is that the former filled up by respondents in their own
handwriting and send back to the investigator by post while the interviewer in the respondents
SECONDARY DATA ;
Data, which are not original colleted by the researcher buy obtained from books,
records, journals, dissertations, government order, etc, known as secondary data. The merits of
4. The researcher need not depend on any for the necessary information.
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