Professional Documents
Culture Documents
CHAPTER-1
INTRODUCTION
1.1: INTRODUCTION:
The aim of marketing is to meet and satisfy target customer’s needs & wants.
The field of consumer behavior studies how individuals, groups & organisation
select, buy, use and dispose goods services, ideas or experiences to satisfy their
needs and desires.
Today, the customer is the king and the life of the modern marketing concept.
To succeed in the modern market, a thorough study of consumer behavior is
essential. The introduction of consumer needs and desires and satisfaction of
the consumers is in fact the real difference between the traditional concept of
marketing and the modern concept of marketing.
Motorcycles have a larger wheelbase and are preferred for their fuel efficiency,
economy and low maintenance. They usually have a four-stroke engine for
better fuel economy and low pollution level, and their by two stroke for power
rides.. Bajaj Auto ,Hero ,Honda,, BAJAJ , Yamaha motorcycles, Royal Enfield
motors are some of the companies which produce motorcycles in India. The
four stroke and two stroke engines of the motorcycles are mainly responsible
for the growth of the segment of two wheelers in the country.
the truth, which is hidden, and which has not been discovered yet. So, each
research study has its own specific purpose or objectives. The objectives of this
Main Objective
Sub Objective
7)to know customers opinion towards the service provided by the dealer.
Research Design:
The nature of this research is exploratory one. Because exploratory research
studies are normally concerned with finding out the general nature of the
problem and the different variables that are related to the problem. These kinds
of research are very flexible, convenient and done by simple survey. It gives
subjective evaluation of the research.
Types of Data:
There are mainly two types of data,
Primary data are those, which are collected for the first time and thus happen
to be original in character.
Secondary data on the other hand are those, which have already been
collected by someone in the past.
For this research study we have used primary data as well as Secondary data.
Unit of analysis:
The tools used for Analyzing Data includes
Editing
Coding
Tabulation
Computer processing
Tabulation is a part of the technical procedures other in the classified data are
put in to table. There are main two method of tabulation, coefficient and
percentage comparison. For analyzing the data simple percentage comparison
method is used because it is an easier way to accurate result.
Sampling Design:
Target Population: -
The population for this research study consists of Customers of Pulsar 220
bike in Chitradurga
2) The market size is big and sample survey conducted to this study is limited
to Bajaj dealer and customers only.
3) The responses may be biased.
4) The interview was held only with Respondents who were ready to spare the
time for it.
5) The study doesn’t include various other brands.
6) Time is the limiting factor.
p
1.6: CHAPTER SCHEME
1. Introduction :-
3. Review of literature
Annexure
Questionnaire,
Bibliography.
CHAPTER-2
INDUSTRY PROFILE
2.1 TWO-WHEELER INDUSTRY:
The feeling of freedom and being one with the Nature comes only from riding
a two-wheeler. Indians prefer the two wheelers because of their small
manageable size, low maintenance, and pricing and easy loan repayments.
Indian streets are full of people of all age groups riding a two-wheeler. The
populace sees motorized two wheelers as a symbol of status. Thus, in India, we
would see swanky four wheels jostling with our ever reliable and sturdy steed:
The two-wheeler.
The engines can be broadly classified as two and four stroke engines based on
number of strokes used to produce a single power stoke. In a four-stroke engine
- suction, compression, power and exhaust operations are carried out by four
different strokes of the piston. Therefore four-stroke engine produces one
power stoke out of every four strokes of the piston. In a two-stroke engine one
power stroke is produced out of every two strokes of the piston.
Scooters originated in Italy and were designed for ladies, particularly nuns. It
has no bar in the front and the engine and wheels are covered for the
convenience of women riders. The scooter engine is shaft driven.
In India, Bajaj Auto started scooter manufacturing in 1972 in collaboration
with Piaggio, Italy. With the passage of time, scooters have taken considerable
position in domestic transport as they are considered as rugged yet safe family
vehicle. This perception was due to a larger board area, which can be used to
carry groceries and a better carrying capacity, which helps in driving three
adults on the vehicle. But the scooters suffered from poor aesthetics, low fuel
efficiency and difficulty in driving.
scooters and motorcycles. Mopeds are most popular amongst college students,
ladies and low-income households. These vehicles cost in the range of
Rs12,000 and onwards. Mopeds are predominantly used for small distance
transportation. Mopeds are also used as the second vehicle in the family along
with car or scooter/motorcycle.
The Indian three-wheeler industry is dominated with petrol and new cng engine
vehicles. But the dominance was threatened to an extent with the introduction
of diesel engines from Crompton Greaves, which provides a benefit of low
operating cost. But higher vibration and maintenance cost lead to drop in sales
of diesel engine three-wheelers.
For the two-wheelers new emission norm for year 2000 will be an acid test as
none of the present models except four stroke vehicles confirm to the norms.
History
Bajaj scooter built under license from Vespa
Bajaj Auto came into existence on 29 November 1944 as M/s Bachraj Trading
Corporation Private Limited. It started off by selling imported two- and three-
wheelers in India. In 1959, it obtained a licence from the Government of
India to manufacture two-wheelers and three-wheelers and obtained Licence
from Piaggio to manufacture Vespa Brand Scooters in India and started making
Vespa 150 scooters, it became a public limited company in 1960. In 1970, it
rolled out its 100,000th vehicle. In 1977, it sold 100,000 vehicles in a financial
year. In 1985, it started producing at Waluj near Aurangabad. In 1986, it sold
500,000 vehicles in a financial year. In 1995, it rolled out its ten millionth
vehicle and produced and sold one million vehicles in a year.
With the launch of motorcycles in 1986, the company has changed its image
from a scooter manufacturer to a two-wheeler manufacturer.
In 2017 it was announced that Bajaj Auto and Triumph Motorcycles Ltd would
form an alliance to build mid-capacity motorcycles.
1945:
1948:
1958:
1959:
1960:
1969:
1971:
1972:
1973:
1974:
Collaborated with PT. Tunas Bekasi Motor Co. Jakarta for technical knowhow
for manufacture of scooters and 3-wheelers in Indonesia
1977:
Introduced rear engine auto rickshaw. Sold 100,000 vehicles in one financial
year
1981:
1985:
Inauguration of the Waluj by the erstwhile President of India, Giani Zail Singh.
Commercial production of scooters commenced at this plant.
1986:
Introduced the Bajaj M–80. Sold 500,000 vehicles in a single financial year
1989:
1991 - 2000
1991:
1995:
Signed agreements with Kubota of Japan for the development of diesel engines
for three-wheelers and with Tokyo R&D for ungeared scooter and moped
development
1997:
Introduced the Kawasaki Bajaj Boxer and the RE diesel Auto rickshaw
1998:
Introduced India's first 4-stroke scooter 'Bajaj Legend' & new 2-stroke scooter
'Bravo' with an advanced 5-port engine
1999:
Commenced the Windmill project - 56 wind mills at a total cost of Rs. 900
million for power requirement
2000:
2001 - 2010
Bajaj Pulsar – a name that has been terrorizing numerous 150cc motorcycles in
the Indian two-wheeler market is on the verge of completing 20 glorious years.
Almost two decades back, Bajaj Auto took a bold attempt and launched the
muscular-looking Pulsar that stood nothing less than a dream bike for millions
of youngsters across the nation. Multiple models in the Pulsar range came
along with multiple features that even Indians had seen for the first time. That
said, more than a style statement, the Pulsar became a motorcycle icon for the
youth and within no time, it started setting the sales charts on fire. Fast forward
to today, after 18 years of its inception, the Pulsar range is still going strong
which in itself shows how much the Indians are in love with the
brand. Currently, the Pulsar line up comprises of as many as 9 models with
engine displacements ranging from 125cc to 220cc. In over 18 years of its
journey in India, the Pulsar brand has seen a total of 1.25 crore buyers across
the globe. A significant portion of this figure comprises of exports as well.
While 97.1 lakh Pulsars were sold in India during these years, 28.3 lakh units
saw new homes abroad.
Bajaj Pulsars have been highly popular in almost every state of India.
However, coming to region-specific data, Tamil Nadu tops the list of the
biggest markets for the Pulsar brand in the country. Also, Pulsar 150 has been
the highest-selling variant over the years and is still selling like hotcakes. One
of the prime reasons behind is the timely updates given to what people used to
call a ‘sports bike’ initially. Yes, that was the impact! First launched in India in
October 2001, Bajaj Pulsar is currently sold in over 65+ countries across the
world. Talking of the overwhelming sales performance in India, the company
claims that the Pulsar brand currently commands a market share of 42 percent
in the sports motorcycle segment. Now, as a tribute to this iconic brand, let’s
take a look at the journey of Bajaj Pulsar and see here India’s highly loved bike
has evolved over the years.
Mileage ------
Displacement 220 cc
No. of Cylinders 1
Fuel Capacity 15 L
Speedometer Digital
Odometer Digital
Tripmeter Digital
Tachometer Analogue
Displacement 220 cc
No. of Cylinders 1
Transmission Manual
COMPANY DETAIL:
MANAGEMENT TEAM : 45
FINANCE TEAM : 03
MARKETING :05
SALES : 20
SERVICE :20
ADDRESS : ¾ S.R.LAYOUT
VISIO
N
Company’s vision is crystal clear and mind frame very directed “To improve
the quality of life through technology”. And continue to grow at a healthy pace,
year after year, decade after decade.
MISSION
The mission statement indicates what an organization wants to achieve. An
organization exists to accomplish something or achieve something. The
mission statement may be changed periodically to take advantage of new
opportunities or respond to new market conditions. Rather it is combination of
several things like:
GOALS
• To consolidates its position as a global player in the two wheelers market.
• To leverage technological skills to drive growth.
COMMITMENT
• to our customers.
• To our people.
• To our community.
• To our shareholders.
VALUES
• The top management believes that human resources are extremely important
resources and ensured that they are treated more humanely.
• Personnel policies are framed to facilitate employee welfare and
development.
• Seniors take active interest in their juniors and help them learn then job.
• Top management all seniors do believe that employee’s behavior can be
changed and developed at any stage of their life.
• Employees feel free to express or discuss their feeling with each other.
CULTURE
• Family kind of relationship respective each other and trust each other.
• Love and Order
SWOT ANALYSIS
Strength of BAJAJ Motor Company LTD.
Other characteristics:
Good Quality Product.
High quality manpower.
Product competitiveness: less competition.
WEAKNESS:
Number of Two Wheeler based industry across the country is less
compare to Competitors.
Due to different machines big machines parts are required, as inventory
and no specific products there fore huge inventory of row material is also
OPPORTUNITY:
There is a golden opportunity for the company, if it uses its brand name
effectively and advertises it effectively.
Opportunity to capture more market shares if it increases its strength.
Opportunity to use the experience for creating more awareness and
capture more business.
Scope of matching all international market standards.
THREATS:
Threat from the competitor regarding the way of doing business.
Threat regarding mal- practices
Increase in new players enter the business
QUALITY OBJECTIVES
At BAJAJ Motor Company, every department works in tandem to produce
quality products. The people form the pillars of support, strengthening the
overall quality standards and moving towards total customer satisfaction.
1. Taluks 06
2. Hoblies 22
3. Villages 1059
TABLE 4.INDUSTRIES
Sl.No. Particular No. of units
1. Factories 148
2. Employees 6212
3. Small scale industries 6554
4. Workers 28615
5. Industrial sheds 60
6. Industrial estates 03
2. Cars 2301
3. Cabs 190
4. Rickshaws 2740
5. Omni buses 70
7. Others 8716
TABLE 6.BANKS
Sl.No. Particular No. of Banks
1. Commercial Banks 51
2. Regional-Rural Banks 65
TABLE 7.POPULATION
Sl.No. Particular No. of Persons
1. Male 7,72,649
2. Female 7,37,578
3. Total 15,10,227
4. Rural 12,36,148
5. Urban 2,74,079
TABLE 8.WORKERS
Sl.No. Particular No. of Workers
1. Main 5,76,024
2. Marginal 1,46,058
3. Non workers 7,88,148
GOVT ARTS COLLEGE (AUTONOMOUS), CHITRADURGA. Page 35
CUSTOMER SATISFACTION TOWARDS BAJAJ PULSAR -220
4. Cultivators 2,79,646
5. Agriculture labors 2,40,942
1. Total 64.88
2. Male 74.69
3. Female 54.62
TABLE 10.EDUCATION
Sl.No. Particular No. of Schools
2. Backward Taluks 02
2. Backward Taluks 01
Chapter-3
REVIEW OF LITERATURE
3.1 INTRODUCTION
Rajmani Singh and AS Yasso (2001): He also pointed out that a major part of
growth in the two-wheeler industry has come from motor cycles, which are
considered fuel efficient, reliable and its suitability on rough roads. As per his
study, TVSSuzuki, Hero: Honda, Bajaj dominates the two wheeler scene. The
study also says that due to stiff competition from automobile major Bajaj
which is a largest producer of scooters the LML is facing considerably stiff
competition. However, dominance of this category has been declining because
of shift in customer preference towards motor bikes.
Siddhartha and S Mukherjee (2002): The Study reveals. That, the two-
wheelers in India are used for variety of work such as visiting people, carrying
loads, outdoor jobs like selling and buying. In rural areas it helps people to
travel more frequently to nearby towns to their daily needs. The two-wheeler
has become a valuable support for increasing productivity and in turn the
profit, besides helping as a personal mode of transportation.
Mr. Subhadip Roy(2006) SR Mohnot (2002): In his study of two and three
wheelers he out from the standpoint of means of personal transportation. The
two-wheeler has become anexpression of the owners' personality. The
(customer in making his choice does evaluate the product in terms of utility,
Madern, Maull, Smart & Baker, 2005: There are number of imperial studies
on specific relationship of employees satisfaction. Often the quality of the
relationship is called satisfaction mirror which gives an idea that success of
business is from satisfaction of employee which is reflected in term of the
customer satisfaction. Service quality is derived from employee satisfaction for
example if employees are satisfied it has direct effect on both customer
satisfaction and service quality.
Duggani Yuvaraju and Durga Rao (2014) have made a study on, “Customer
Satisfaction towards Honda Two Wheelers: A Case Study in Tirupati”. The
study has aimed to analyze the customer satisfaction of two wheelers. The
study has found that 60 per cent of the respondents have come to know Honda
Bikes through Advertisement media, 90 per cent of the respondents were
completely satisfied with the mileage and performance of the bike.
Wants and desire for specific satisfiers of these deeper needs. Human
needs are continually shaped by social forces and instantaneous peoples needs
are few their wants are many.
Demands are wants for specific products that are backed by an ability
and willingness to buy them. Wants become demands when supported by
purchasing power.
The concept of value, cost and satisfaction are crucial in the final
product choice, the several alternatives of the customer constitute his product
choice set, the additional needs associated with the product is called the need
set. Customer ranks the products from need satisfying to the last need
GOVT ARTS COLLEGE (AUTONOMOUS), CHITRADURGA. Page 40
CUSTOMER SATISFACTION TOWARDS BAJAJ PULSAR -220
3.3 MARKETING
Market
Market Segmentation
The task of breaking the total market into segments that share common
properties is market segmentation. It is the process of identifying a group
consumer with similar needs and producing a product that will meet those
needs at a profit.
Market segmentation will facilitate the firm to identity and find out the
additional benefit desired by the people to pay benefits and source from where
they would like to buy it.
Customer Satisfaction
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.
Customer Expectations
Customer is defined as anyone who receives that which is produced by
the individual or organization that has value. Customer expectations are
continuously increasing. Brand loyalty is a thing of the past. Customers seek
out products and producers that are best able to satisfy their requirements. A
product does not need to be rated highest by customers on all dimensions, only
on those they think are important.
Sadly, mature companies often forget or forsake the thing that made
them successful in the first place: a customer-centric business model. They
lose focus on the customer and start focusing on the bottom line and quarterly
results. They look for ways to cut costs or increase revenues, often at the
expense of the customer.
3.5CUSTOMER SATISFACTION
Satisfaction is the level of a person’s felt state resulting from comparing
a product’s perceived performance in relation to a person’s expectation. The
satisfaction level is a function of the difference between perceived performance
and expectations. A customer could experience one of three broad levels of
satisfaction. If the performance falls short of expectations, the customer is
dissatisfied. If the performance matches the expectations, the customer is
satisfied.
CHAPTER-4
information regarding the market situation.. There are various method for the
collection of information, one of the most used and easy method is survey
method. In this chapter we have analyzed the survey made regarding the
is prepared and adopted various areas randomly. The following survey analysis
gives the idea of how BAJAJ Company has successfully become the market
1 Male 50 100%
2 Female 00 00
Total 50 100
60
50
40
30 PERCENTAGE
RESPONDENTS
20
10
50 0
0
Male Female
Inference: As per the above table, we know that out of the total
Age of The
Sl. No. Respondent Percentage
Respondent
1 18 To 25 Years 30 60
2 25 To 35 Years 16 32
3 > 35 Years 04 08
Total 50 100
90
80
70
60
60
50 Percentage
Respondent
40
32
30
20 30
16 8
10
4
0
18 To 25 Years 25 To 35 Years > 35 Years
Inference: From the above table it is clear that out of the 60% of the
Respondents were in between 18-25 years, 32% Respondents are
between the age group 25 -35, 8% of the Respondents were above 35
years of age
Income of The
Sl. No. Respondents Percentage
Respondent (Rupees)
1 < 10,000 05 10
2 10,000 To 20,000 18 36
3 20,000 To 30,000 22 44
4 30,000 And Above. 05 10
Total 50 100
TABLE 4.3: Table 3 showing the Income of The Respondents .
44
45
40 36
35
30
22
25
18 Respondents
20 Percentage
15 10 10
10 5 5
5
0
< 10,000 10,000 To 20,000 To 30,000 30,000 And
20,000 Above.
45
40
35
30 30
30
25
Percentage
20 20 No. of Respondents
20
15
10 15 15
10 10
5
0
Student Business/profession Service others
Inference: The above table shows that 30% of the Respondents belong to
students group, 30% are in business/profession field, 20% are in service sector,
20% of the Respondents are others.
1 Married 15 30
2 Unmarried 35 70
Total 50 100
Source: Primary Data
120
100
80 70
Percentage
60 Respondent
40 30
20
0
Married Unmarried
Inference: From the above table we come to that out of the total Respondents
70% of the Respondents were unmarried and remaining 30% of the
Respondents were married.
1 Yes 48 96
2 No 02 04
Total 50 100
160
140
120
100
96
80 Percentage
Respondents
60
40
48
20
4
0 2
Yes No
Inference: From the above data it was clear that 96% were the owners of the
bike while 4% were authorized users of others bike.
1 Price 06 12
2 Pick Up & Power 30 60
3 Fuel Efficiency 04 08
4 Style/Looks 10 20
Total 50 100
Source: Primary Data
50
40
30
30 Respondents
Percentage
20
20
12
10
8
10 6
4
0
Price Pick Up & Power Fuel Efficiency Style/Looks
Inference: From the survey it was clear that customer 60% were influenced by
pick and power, style and looks 20%,,12% price, and 8% due to fuel affiance.
100
90
58
80
70
60
Series3
50
Percentage
40 Respondents
30
29 20
20 16
10
10 6 8
0 3
Television Newspaper Radio Internet
Inference: The survey report was attempted to find out the influential media
for purchasing the product. It was clear from the survey that 58% were
influenced by television while 20% by news paper 16% from internet and 6%
from radio.
1 Cash 38 76
2 EMI 10 20
3 Company Pays 02 04
Total 50 100
120
100
80
76
60
Percentage
40 Respondents
20 38 20
10 4
0 2
Cash EMI Company Pays
Satisfaction
Sl. No. Respondents Percentage
level.
1 Very Good 16 32
2 Good 19 38
3 Average 10 20
4 Bad. 05 10
Total 50 100
60
50
40
30
Percentage
Respondents
20 38
32
20
10
10
0
Very Good Good Average Bad.
GRAPH 4.11 : Graph11 showing the Purchase Spare Parts status of sample
Respondents.
140
120
80
100
80
Percentage
60 Respondents
40
40
20
20
10
0
Showroom Retail Outlets
Inference: It was attempted to check where the customers prefer getting spares
and services for their bikes and it was revealed that 80% go to showroom for
getting services while 20% go outside (automobiles) to get serviced.
60
50
38 40
40
30 Percentage
20 Respondents
20
19 20
10 10
2
1
0
Excellent ok Good Very Bad
Inference: From the tabulation it was clear that 40% majority of customers
were satisfied and said Good,38% excellent,20% ok and 2% said bad about
BTV Bajaj Motors Chitradurga.
CHAPTER 5
FINDING, SUGGESTIONS AND CONCLUSIONS
5.1 FINDINGS:
25 years.
Rupees.
5. Out of 100% ,96% owned Pulsar 220 while 4% were authorized users
of others bike.
8. Performance survey revealed that Pulsar 220 has to still improve fuel
9. From the dealer it was clear that sale was seasonal. And youngsters
expectations.
11.We also came to know while visiting the showroom that there were
costly.
12.Customers were pleased with their buying and even felt to spread word
5.2 SUGGESTION
1. Exchange offer should not be only seasonal it should be whole year.
service of bikes.
10.Keep a hawk eye on the competitors and act according to their sales
11.
5.3 CONCLUSION
A variety of two wheelers have entered into the two wheeler market. This has
increased the competition.
Since it’s the period of economic exchange ,customers expect value for their
money, so customer is a king should not be only in verbal means it should be
monitored to be kept by serving always up to customers expectations.
So Bajaj Pulsar 220 was opted for the study to find out customers satisfaction
and was found that customers were satisfied partially. So Bajaj has to intensify
its marketing and promotional strategies ,build CRM by reducing costs of
bikes.
.
The survey revealed customers are satisfied by the performance of the bike.
More cost friendly models should be me made available in order to make
customers delighted.
The authorized dealers should also provide efficient pre and post sales services,
at a low cost and at the right time. These measures would improve the sales of
the two wheelers, particularly yamaha and satisfy the consumer needs. Totally
to say Customers were satisfied owning Bajaj Pulsar 220
QUESTIONNAIRE
Dear Respondent,
I shall be very grateful if you could spare some moments in answering the following
questions. . I assure you that information revealed here will remain confidential & will be
used for academic purpose only.
Thanking you,
Yours sincerely,
DADAPEER
M1510015
.Name:____________________________________________________
Address:___________________________________________________________________
__________________________________________________________________________
__________________________________.
MobileNumber:_______________________________________________
1:Gender:
[ ] Male [ ] Female
_________________________________________________________
About Dealer:
12: How Would You Rate Your Experience With Bajaj Motors Pvt Ltd.Chitradurga? (For
Purchase, For Service and)
[ ] Excellent [ ] Good
[ ] O.K [ ] Very Bad
13) ANY SUGGESTIONS:
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THANK YOU.
Bibliography
Books:
- David J Luck & Ronald S. Rubin, “Marketing Research” (7th Edition), Prentice Hall
Edition, New Delhi.
- Richard I. Levin & David S. Rubin, “Statistics For Management” (7th Edition), Prentice
Hall Edition, New Delhi.
Statistical Software
Websites
- Www.Bajaj motor.Com
- Www.Google.Com
- Www.Motorindia.Com