Professional Documents
Culture Documents
EXECUTIVE SUMMARY
1
This project has been completed in SUZUKI MOTORS PVT LTD. The
project is on CONSUMER BEHAVIOUR STUDY OF CUSTOMERS
OF SUZUKI. It includes various topics:
CHAPTER--1
2
COMPANY PROFILE
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having the same manufacturing philosophy of VALUE PACKED
PRODUCTS right from the inception. SMIPL will be
manufacturing two wheelers best suited for the valuable Indian
customers covering all segments.
Company Head
Koichiro Hirao
Number of employees
3000+
Main Products
Factory
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2nd Floor, Plot No. 1,Nelson Mandela Road, Vasant Kunj New
Delhi -110 070
Fax No. - 011-4607 5418
Operations
Public relations
Manufacturing
5
Environment
6
Safety
7
Environmental Utility
Quality Checks
Parts Inspection
8
dimensional, material, aesthetic performance inspection for
the special processes are carried out on the individual parts
before they are declared fit for the assembly.
For carrying out the inspection activities effectively, we
have the latest sophisticated machines installed in the
inspection area.
After the assembly is over, the vehicles are inspected for the
following critical aspects:
Market Quality
9
Monitoring for the effectiveness of the measures taken for
the particular problems through the cut off engine/ frame
numbers.
CSR Objectives
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The Company will contribute towards inclusive and sustainable
growth of the society with a focus on vulnerable and marginalized
population by being:
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Community Development: The Company is committed to
improving the wellbeing of the local community by
implementing social projects in the areas around its
operations.
o Education: The Company will upgrade infrastructure
and focus on academic performance of Government
Schools. The Company will also promote co-
curricular, cultural and local and nationally recognized
sports activities amongst the school children and
youth of the local communities.
o Vocational skills for youth and women: The
Company will impart vocational skills to the youth
and women in the community to enhance their
employability.
o Sanitation: The Company will improve the overall
living condition of the communities by upgrading
solid and liquid waste management practices. The
Company will also undertake mass awareness
campaigns in the community.
o Environment Sustainability: The Company will
work towards environmental sustainability through
water conservation and forestation in the local
communities.
o Rural Development Projects: The Company will
undertake rural development projects based on the
community needs such as development of common
community infrastructure, up gradation of health
centers, safety on roads etc.
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Skill Development:
o Up gradation of Government Vocational and
Technical Training Institutes: The Company will
improve quality of training by upgrading
infrastructure, overall development of students and
staff, providing industry exposure to students and staff
and offering industry oriented add-on courses in the
Government Industrial Training Institutes (ITIs) to
make students industry ready. The Company will also
upgrade ITI Teacher’s Training Institute and the
Government Polytechnics.
o Skill Enhancement in Automobile Trade: The
Company will enhance skills of youth studying
automobile trade at Industrial Training Institutes and
Polytechnic (government and private) to enhance their
employment opportunities in automobile sector. The
project will include up gradation of training facilities,
training the trainers, providing study material and
practical training.
o Humanitarian Relief: The Company will support
relief efforts during natural calamities in India directly
or by contributing to the Prime Minister’s National
Relief Fund.
o CSR Capability building of Personnel: The
Company will build capability of own personnel as
well as of implementing agencies by way of training,
participation in conferences and through experience
sharing programmes. Expenditure on capability
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building will be well within the limit prescribed in the
CSR Rules.
Implementation
14
Activities covered through CSR program
o HEALTH:- Provision of Refrigerated RO, Swatch
Bharat - Provision of Toilet in School for Boys &
Girls.
o Environment: - Solar Energy project in schools, Tree
Plantation.
o Education: - Training on Safe Driving, Sports
Facilities- Basketball Court.
o Safety: - Helmet for life, Donation of 100 Motorcycles
to District Administrative for community safety.
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BIKE INDIA AWARDS 2015
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BIKE INDIA AWARDS 2015
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BBC TOPGEAR MAGAZINE AWARDS
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ANANDA VIKATAN MAGAZINE
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The core philosophy of SUZUKI is to provide "VALUE-PACKED
PRODUCTS". Since the founding of SUZUKI Motor Corporation,
the Organization's endeavor has always been to provide "VALUE-
PACKED PRODUCTS" as one of the manufacturing philosophies.
SUZUKI believes that "VALUE-PACKED PRODUCTS" come
from the effort to carry out Product development from customer's
point of view. This policy has been in effect since Company's
inception and has helped the Organization to meet customer's
needs. As a result, SUZUKI's Products have become well received
throughout the World. SUZUKI is fully committed to create
Products that meet customer's demand by utilizing its dynamic,
long-nurtured technological advantage coupled with its fresh and
active human resources.
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21
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23
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GENUINE ACCESSORIES
Bumper Bracket
₹ 568.00/-
94210-41KA0-000
25
TAPE SET TANK PAD
₹ 186.00/-
99000F41K00C000
TAPE SET, PROTECTION
₹ 1395.00/-
99000F10624C000
26
₹ 490.00/-
99000F10623C000
₹ 1727.00/-
57341-41KA0-000 / 57541-41KA0-000
SEAT COVER – BURGMAN
₹ 475.00/-
27
99000F10594C000
₹ 490.00/-
99000F41K10C000
SEAT COVER
₹ 1049.00/-
28
99000-41K50-000
VISOR,METER
₹ 249.00/-
94611-41K10-000
29
CHAPTER II
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CONSUMER BEHAVIOUR
CONSUMER BEHAVIOUR means the function of required
performance and expectations. If a products is able to fulfill the basic
needs and uses of product is able to satisfy his needs.
When customers see the products and understand, and will have some
expectations that he is satisfied after using the products.
Definition;
According to Harold E Edmond son “customer satisfaction” is defined
as “the number of customers, or percentage of total customers, whose
reported experience with a firm, its products, or its services exceeds
specified satisfaction goals.”
CONSUMER BEHAVIOUR is defined by whether the customer
chooses to do business with you or your company in the future. many
factors play a role in customer satisfaction, including customer service,
product quality and the ease of doing business. Companies must
consider CONSUMER BEHAVIOUR as an important role in the
lifetime value of a customer.
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satisfaction is a function of closeness between the purchasers product
expectation (E) and products understand performance (P)
Post Purchase actions
There is high chance of purchasing the product if the customer care is
taken very seriously. Marketing people should take more interest to
customer`s problem and their grievances. Marketing people should have
knowledge how customer behavior in different conditions and able to
satisfying the customers. The satisfied customer is the loyal customer of
the company and there are very chances to switching to other brands. A
satisfied customer is the effectiveness of customer care of the
organization. And it increases the customer loyalty
Customers buying decision process
Psychological factors, social factors, personal factors will influence
customer buying decision process
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CONSUMER BEHAVIOUR should be main marketing tool of the
company.
Tools for tracking and measuring the systems of the satisfied customers
The aggressive companies consists systems to monitor the
CONSUMER BEHAVIOUR level before they affect sales before taking
action.
The main tracking systems are:
1. Customer Panel
2. Complaint&Suggestions System
3. Customer Surveys
4. Lost Customer Analysis
5. Ghost Shopping
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T-Take feedback from customers to make sure he is satisfied
CUSTOMER PANELS
Companies should consist panels of customers who have contact
periodically. In the panels different types of representatives should be
included. Such types of people are involved want to become the part of
promotion.
CUSTOMER SURVEYS
A survey has been conducted that how product has attracted of the
people and how the brand will attracted the consumer and what they
think and what is the direct measure of satisfied customers.
Companies will send questionnaires or make telephonic calls to a
random sample to conduct the satisfaction level. For this companies will
mark 5 point scale (very dissatisfied, dissatisfied, neutral, satisfied, very
satisfied) and ask about quality and other features of products.
Management than analyzed these ratings and then assess the satisfaction
level of customers so that by launching new products these surveys can
be helpful to boost the sales.
TAKE ACTION
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PLAN CORRECTIVE MEASURE
GHOST SHOPPING
Customer depend companies recruit persons to become as potential
buyers to report on findings on good and bad points they experienced in
buying company and competitors product. The ghost shoppers will tell
certain
RETENTION OF CUSTOMERS
Holding a single customer is most important than attracting new
customers. A satisfied customer is the royal customer and brings lots of
customer to the company. So whatever planning should be made there
should be a plan of retain customer. All marketing strategy should be
adopted to retain the customer. Create corporate mechanism aimed at
customer value.
Company can make customers happy by providing empathy,
responsiveness, assurance, reliability and tangible substances.
The company should create such type of link between customers and
themselves look like mother foster his sons. It is true that it is always
costly pay less attention to another brands and focus on retaining the
customer. Sales person should be aware of profitable and non profitable
customers.
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CUSTOMERS WILL BE SATISFIEDBY CONTINOUS
IMPROVEMENT SYSTEM ANDMAINTAINING
OVERALL QUALITY
1. Companies should have thirst for quality and should meet high
standards.
2. Quality should be check in every stage from planning to production.
3. New successful method and techniques should be adopted and applied
consistently.
4. There is no compromise of quality and customer satisfaction.
5. There is zero defects or 100%quality. If there is some defect than
replacement should be done immediately
6. QUALITY should be in highest standard of the company
7. Company should focus on innovative ideas and new technology to
satisfy the customers.
1. Repeat buying
2. Higher price
3. Loyalty in crises
4. Word or mouth
5. One stops shopping
6. New product innovation
Advantage
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Customer comments, suggestions and response about a company`s
products, business practices and customer service orientation are one of
the biggest advantages of customer feedback surveys. Critical input and
answer can help a company to develop better customer relation
programs.
Disadvantage
Customer feedback surveys and questionnaires can sometimes be too
scientific and methodical to capture to human instincts and traits of
consumer. Rigorous analysis and interpretation of feedback and answers
provided by the customers might not provide the right kind insights that
business not to better serve customer.
Importance
Since sales are the most important goal of any commercial enterprise. It
become necessary to satisfy customer for customer satisfaction. The
main important things like:
Quality
Fair prizes
Efficient delivery
Good customer handling skills
Serious consideration of consumer complaints
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Increased repeat purchase CONSUMER BEHAVIOUR
increased revenue
Introduction:
38
Customer satisfaction, a business term, is a measure of how products and
services supplied by a company meet or surpass customer expectation. It is
seen as a key performance indicator within business and is part of the four
perspectives of a Balanced Scorecard.
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Timeliness, Efficiency, Ease of Access, Environment, Inter-departmental
Teamwork, Front line Service Behaviors, Commitment to the Customer and
Innovation. These factors are emphasized for continuous improvement and
organizational change measurement and are most often utilized to develop the
architecture for satisfaction measurement as an integrated model. Work done
by Parasuraman, Zeithaml and Berry between 1985 and 1988 provides the
basis for the measurement of customer satisfaction with a service by using the
gap between the customer's expectation of performance and their perceived
experience of performance. This provides the measurer with a satisfaction
"gap" which is objective and quantitative in nature. Work done by Cronin and
Taylor propose the "confirmation/disconfirmation" theory of combining the
"gap" described by Parasuraman, Zeithaml and Berry as two different
measures (perception and expectation of performance) into a single
measurement of performance according to expectation. According to
Garbrand, customer satisfaction equals perception of performance divided by
expectation of performance.
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SWOT analysis of SUZUKI MOTORS
4.1) Strengths:
The main strength of SUZUKI MOTORS within the IT market lies in
its brand image and recognition. SUZUKI MOTORS, having established a
global presence and having invested highly in marketing a differentiated
image by promoting a SUZUKI MOTORS life style, currently enjoys a
differentiating advantage that, if exploited properly, can offer a lead in
competition. The presence of SUZUKI MOTORS in numerous countries
within Europe as well as in all part of the world enhances this image.
4.2 Weaknesses:
The expansion of SUZUKI MOTORS has been completed at the
expense of direct control of its operations. The company grew through a
process of acquisitions of national IT companies (e.g. the acquisition of the
third biggest Czech SUZUKI MOTORS Product operator, Cesky rather than
organic growth. This increased its base quickly, offering direct market
knowledge and immediate additions of customer bases at the expense of direct
effective control of the subsidiaries. At the same time though, it implicitly
imposed a centralized operational structure for the group, nominating the UK
headquarters as the leading business unit running a much centralized
marketing and handset procurement at group level. This has resulted in the
neglect of local markets and local differences, allowing market share to be
gained by smaller local competitors. Due to the highly saturated Western
European market this has resulted in an increase in the price elasticity of
demand, with consumers becoming continuously price oriented. This has
resulted in high customer churn rates reaching the level of 32.8% in the UK
compared to O2’s 24%.
4.3 Opportunities:
The IT market, even though highly saturated in some regions offers
great potential due to the ageing population and the sophistication of the
consumers. It offers great opportunities through a careful market segmentation
and exploitation of particular profitable segments. Different strategies should
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be pursued –, sophisticated solutions for younger generations. The expanding
Boundaries of the market could provide further opportunities by allowing
SUZUKI MOTORS to enter more aggressively into fixed‐line service and to
better enjoy the benefits of its high investment in technology. Moreover the
company has undertaken its first steps in establishing strategic alliances to
develop customized solutions for end‐users: SUZUKI MOTORS recently
announced two new partnerships, one with supermarket group ASDA to
launch an ASDA branded service in the UK, and another with electrical
retailer DSG International to provide mobile solutions to small businesses.
This could further be enhanced to avoid being a late‐entrant in this new
method of distribution which offers access to a wide potential customer base.
4.4 Threats:
The European part of SUZUKI MOTORS’s market is characterized by
existing high levels of competition. Major brands are exploiting the price
sensitivity of customers and in this way they are building a stronger image and
presence in the market. Indirect competition is also increasing further, through
the presence of Skype and other related (not only voice) Internet‐based
services.
MEANING
Customer satisfaction means taking complete care of customer by
giving them complete knowledge about the product and about all the feature of
that particular product
Customer satisfaction is the end result of your interaction with the
customer. By giving the best customer service and making sure that the
customer was given the best resolution at the end of the call, then we can say
that the customer is satisfied even if it's not verbally said.
According to me customers are those who pay (salary). Satisfaction
is the key to hold the customer for future business. Complete knowledge must
be given; each and every query must be clarified by the seller. If a customer
remembers you for future business then we can say that customer is satisfied.
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DEFINITION
According to Harold E Edmondson “Customer satisfaction” is defined
as "the number of customers, or percentage of total customers, whose reported
experience with a firm, its products, or its services (ratings) exceeds specified
satisfaction goals.".
Customer satisfaction is defined by whether the customer chooses to
do business with you or your company in the future. Many factors play a role
in customer satisfaction, including customer service, product quality and the
ease of doing business. Companies must consider customer satisfaction as an
important role in the lifetime value of a customer.
Customer satisfaction, a term frequently used in marketing, is a
measure of how products and services supplied by a company meet or surpass
customer expectation. In a survey of nearly 200 senior marketing managers,
71 percent responded that they found a customer satisfaction metric very
useful in managing and monitoring their businesses.
It is seen as a key performance indicator within business and is often part of
a Balanced Scorecard. In a competitive marketplace where businesses compete
for customers, customer satisfaction is seen as a key differentiator and
increasingly has become a key element of business strategy.
SEVEN STEPS:
Encourage face-to-face dealings.
Respond to messages promptly and keep yours clients informed.
Be friendly and approachable.
Have a clearly-Defined customer service policy.
Attention to details.
Anticipate your client’s needs and go out of your way to help them out.
Honor your promise
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DEFINITION OF CUSTOMER
A person, company or other entity which buys goods and services
produced by another person, company or other entity.
One who regularly or repeatedly makes purchases of a trader, a
purchase a buyer.
ADVANTAGE
Customer comments, suggestions and response about a company’s
products, business practices and customer service orientation are one of the
biggest advantages of customer feedback surveys. Critical input and answer
can help a company to develop better customer relation programs.
DISADVANTAGE
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Customer feedback surveys and questionnaires can sometimes be too
scientific and methodical to capture to humane instincts and traits of
consumer. Rigorous analysis and interpret ion of feedback and answers
provided by customers might not provide the right kind insights that business
not to better serve customer.
IMPORTANCE
Since sales are the most important goal of any commercial enterprise.
It become necessary to satisfy customer for customer satisfaction it is
necessary to establish and maintain certain important characteristics like:
a) Quality
b) Fair prizes
c) Efficient delivery
d) Good customer handling skills
e) Serious consideration of consumer complaints
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BENEFITS
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OBJECTIVE
Primary objective:-
Secondary objective:-
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SCOPE OF WORK
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CHAPTER III
RESEARCH METHODOLOGY
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Definition:
Statistical method was followed in this research because the data was of
descriptive nature and it also enabled accurate generalizations. Research
methodology is a process to systematically solve the research problem.
It may be understood as a science of studying how research is done
scientifically. Why a research study has been undertaken, how the
research problem has been defined. In what way and why the hypothesis
has been formulated, what data have been collected and particular
method has been adopted. Why particular technique of analyzing data
has been used and a host of similar other questions are usually answered
when we talk of research methodology concerning a research problem or
study.
Introduction:
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The objective of this project is to conduct the CONSUMER
BEHAVIOUR Survey for SUZUKI and recording, analyzing and
interpreting the wants and expectations of customers. For the company,
it is essential to know whether customers are satisfied or not with the
SUZUKI and services provided by company.
The purpose of conducting this research is to get the actual idea about
the experiences of customers and their satisfaction level with SUZUKI.
What types of problem they face after purchasing the vehicles. The
purpose of conducting this research is also to find out expectations of
customers for SUZUKI. Users were selected and then the analysis was
formed regarding the people’s beliefs, satisfaction and expectations
about the SUZUKI.
This was basically the problem that was discovered to conduct this
project i.e.
SOURCES OF DATA
Primary data:
Primary data are those which are collected a fresh and for the first time,
and thus happen to be original in character. It was collected through
questionnaire and personal interviews.
Secondary data:
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The secondary data are those which have already been collected by
someone else and which have already been through the statistical
process. The data were collected in the form of company profile and
produce profile from the web sites and news paper. Some of the books
were referred for theoretical concepts.
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CHAPTER IV
DATA COLLECTION
&
DATA ANALYSIS
53
Table No.-6.1 Table showing Occupation of Customer-
Source-Primary data
Interpretation –
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Table No.6.2 Table showing Age of the SUZUKI’s Customer
Ist
2nd
Additional
20 - 25 26 - 34 35 - 44 45 & above
Source-Primary data
Interpretation –
It is observed that, 5% customer’s age is between the 20-25 years, 40%
in 26-34 years, 30% in 35-44 years and 2% customers above 45 years
55
Customers remark No. of respondent
Excellent 50
Good 30
Average 15
Table No.-6.3
Below average 5
Table showing
Pre-Sales satisfaction level of the customer.
Interpretation –
It is observed that, 50% of the customers are highly satisfied with the
Pre-sales services
And 5% are dissatisfied with the Pre sales services.
56
Table No.-6.4 Table showing customers opinion about the SUZUKI
vehicles for Value for Money
Interpretation –
42% of the respondents are of opinion that vehicles are as per
expectation & 20% are of the opinion that the vehicle are below
expectation.
57
Table No.-6.5 Table showing Post-Sales satisfaction level of the
customer.
Interpretation –
It is observed that, 45% of the customers are highly satisfied with the
Post-sales services
And 5% are dissatisfied with the Post sales services.
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Table No.-6.6 Table showing customer priority with respect to
characteristic.
Aspect No of Respondents
Comfort 12
Mileage 26
Features 12
Looks 20
Price 24
Safety 6
Interpretation –
It is observed that, 26% of the customers preferred Mileages as
first preference and 6% preferred safety
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Table No.-6.8 Table showing customer remark about services.
Customers No. of
remark Respondent
Excellent 35
Good 55
Average 17
Below
average 3
Interpretation –
It is observed that, 55% of the customers are satisfied with the
services, and 3% are not satisfied.
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Table No.-6.9 Table showing customer expectation for improvement in
SUZUKI.
Interpretation –
61
Table No.-6.10 Table showing customer’s repurchase intention.
No. of Respondent
No. of Respondent
Interpretation –
It is observed that, 74% of the customers are ready to repurchase
the SUZUKI car, 26% are not ready to purchase the car.
62
Table No.-6.11 Table showing customer’s recommendation intention.
Recommandation to friends/relatives
Ye
s
Yes; 75; 72%
Interpretation –
It is observed that, 72% of the customers are ready to recommend
the car to the friends and relative, 28% are not ready to recommend the
car to the friends and relatives.
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Table No.-6.12 Table showing customer’s preference about M-Finance.
Interpretation –
It is observed that, 62% of the customers are ready to prefer M-
Finance, 28% are not ready to prefer M-Finance.
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Table No.-6.13 Table showing customer’s preference about M-
Insurance.
Interpretation –
It is observed that, 86% of the customers are ready to prefer M-
Insurance, 14% are not ready to prefer M-Insurance.
65
0-1 year
1-2 year 29
2-3 year 26
above 3 year 11
66
6.15) For what purpose do you use your car
38
Office Purpose 13 42
Personal purpose 17 15 27
Joy Purpose 10 18 10
15
Other 40 15
67
Does Advertisement Influence your decision in choosing a car?
Yes 65
No 15
Can’t say 10
68
other hand 15 customers do not agree to this fact. While remaining 10
customers are not sure about it.
Are you satisfied with the performance of the car that you are
currently havin?
Yes 55
No 28
Can’t say 7
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INTERPRETATION:- Out of the sample size of 90 customers, 55
customers says that they are satisfied with the performance of their car.
On the other hand 28 customers are not satisfied with the performance
of the carsthat they are having. While the remaining 10 customers are
unable to say anything.
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.Who recommended our product?
a. Family friend 65%
b. Employee of SUZUKI35%
71
72
On the price of your car?
Affordable
High
Should be Revised
73
.Are you satisfied with SUZUKI brands and products?
a. Yes
b. No
c. others
74
75
. How do you know about our brand/product?
a. TV. Ad
b. Print Media
c. Internet
d. People/friends
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CHAPTER V
CONCLUSION
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CONCLUSION
It has been observed that most customers are satisfied with pre
sales services similarly most of these customers are dissatisfied with the
post sales service which is the matter of concern for the company.
SUZUKI needs to improve some parts of products specifically the
interiors. High consumer behavior level helps the company to retain its
existing customer as well as generate new customer through word to
mouth publicity.
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SUGGESTION
After conducting the survey and knowing the market, I realized that:
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The Company should not only concentrate on the
CONSUMER BEHAVIOUR but also the company led to
monitor their competitor’s performance in their areas of
operations.
LIMITATIONS
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LIMITATIONS OF STUDY:
Though the research was conducted properly, the probability of
errors & biases kept is minimum; still some errors occurred because of
certain limitation.
These are as follows:-
a) A very short span of time for research.
b) This is time-consuming research method & the respondents did
not have sufficient time for giving information for such type of
research.
c) People were reluctant to give responses for such type of research.
d) People also did not give proper response for Questionnaire &
interview, because of short time.
e) Study is restricted to only Agra city.
I have honestly and sincerely tried to present the facts and
figures but some error still might have cropped up.
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FINDINGS
82
Findings
83
11. Company has created goodwill among the customers
which will help them to recommend car to friends and
relatives.
12. SUZUKI needs to educate the customers about the
benefits of M-Finance. They can motivate the cash
customers to offer M-Finance.
13. It is observed that, 86% of the customers are ready to
prefer M-Insurance, 14% are not ready to prefer M-
Insurance.
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BIBLIOGRAPHY
85
BIBLIOGRAPHY
Books:
Marketing Management – Philip Kotler, Kevin Lane Keller.
C.R COTHARI
C.B.GUPTA
3. Website visited –
www.SUZUKIsuzuki.com
www.automotive.com
www.SUZUKIudyog.com
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QUESTIONNAIRE
87
QUESTIONNAIRE
Profession: -……………………..
Address: -……………………….
Age of Respondent
a) <25 b) 25-34
Annual Income
a) 3-5 lack b) 5-8 lack
88
\
Car:-
……………………………………………………………………………
…
a) Comfort b) Mileage
c) Feature d) Performance
e) Looks f) Price
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4. Are you satisfied with your car?
a) Yes
b) No
a) Comfort b) Mileage
c) Feature d) Performance
e) Looks f) Price
a) MTV b) M-Finance
a) Yes
b) No
90
If No, then why:-……………….
a. Yes
b. No
If No, then why:-……………….
a) MGA b) Local
a) Excellent b) Good
a) Excellent b) Good
91
c. Comfort……. /5 b) Mileage……. /5
12. How will you rate SUZUKI on the basis of Value for Money?
a) Above Expectation
b) Below Expectation
c) As per Expectation
a) Yes
b) No
a) Yes
b) No
92
15. Would you like to recommend the SUZUKI car to your
friends/relatives?
a) Yes
b) No
93