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INTRODUCTION
The automobile industry of India is one of the most booming and dynamic industry of the country. Every home in India possesses two wheeler or four wheeler. There is no segment of the society that has not been touched by the automobile revolution. All kinds of four-wheelers, family, luxury, big or small have become an indispensable parts of every man’s life.
That is what the automobile industry thrives on. Obviously this has been identified by innumerable companies.
Today the automobile industry is a thriving industry with thousands of companies competing neck to neck, working tirelessly to roll out newer and better models of four-wheelers that will prove to be big hits with the customers.
Differentiation is the need of the hour. Manufacturers try and identify their customer’s needs and wants to develop tractors that would to be the exact liking of their buyers.
One of the main players in the Indian context is HYUNDAI MOTORS. It has been the primary dealer of four-wheelers, catering to all the segments of the society from time immemorial.
In order to stay ahead of the entire competition, it is of prime importance that “consumer perception” is given the utmost importance.
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Companies need to get “inside the head” of their customers. They need to produce what the latter wants and expects. They need to foresee that forthcoming demands and meet them effectively and efficiently. Thus customer surveys are conducted on very regular basis to keep updated on the latest trends and changes in this ever changing segment.
This study has been conducted keeping in mind the exact same thing: ‘Understanding the perceptions, the needs and the wants of customers and prospective buyers of HYUNDAI Motors products.’
2
NEED AND IMPORTANCE OF THE STUDY
A Brand is defined as name, term, sign, symbol or a seller. A Brand in
short is an identifier of the seller or the marketer. A Brand consists of
word, letters or combination of all these. And the need of branding is to
know about quality and standard to know the features and about
consumers and also about manufacturer and price. It helps to build the
corporate image and profitable set of consumers
Brand Name decision, the first decision whether the company should
develop a Brand Name for its product. Branding is such a strong force
that hardly anything goes unbranded. A company has five choices with
regard to Brand. They are Line extension, Brand extension, Multi
Brands and Company Brands
The importance of branding is that to create about the brand
awareness. To creates Brand awareness the company should go
through advertisement, hoardings or some special event. And through
this they can know about the brand idea of the product and it also
creates a particular image in the consumer’s min
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OBJECTIVES OF THE STUDY
1. To ascertain consumer’s awareness about HYUNDAI Brand and models of Four wheelers.
2. To extract the information through which buyers came to know various
Brands.
3. To determine the decision maker.
4. To identify the factors influencing the customer while selecting particular
Brand
5. To evaluate Brand Ambassador’s influence on purchase decision.
SCOPE AND PERIOD OF THE STUDY
The study involves the users of all four-wheeler brands such as
HYUNDAI, Maruthi, Honda, Mercidaz. It evaluates customer perception
towards branding at Hyundai MotorsPvt.Ltd automobile in terms of
perception level of customer.
The study is restricted to twin cities. The sample size for this study is
100. The Methodology used for analysis and interpretation is simple
percentage method The period of the study is 45 days.
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RESEARCH METHODOLOGY
MARKETING RESEARCH:
It is a systematic process of gathering, recording, analyzing and
interpreting the data related to any problem in the field of marketing.
This marketing research consists of various steps. They are as follows
1) Problem formulation.
2) Development of research design.
3) Determine the source of data.
4) Planning and designing data collection forms.
5) Determine sampling plan.
6) Organizing and conducting field survey.
7) Data analyses and interpretation.
8) Report preparation and arrangement to decision makers.
Source of data:
Once the research design has been decided upon the next stage is that
of selecting the source of data. They are primary data, secondary data.
Primary data:
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Are those, which are collected fresh and for the first time, and thus
happened to be in original character? The data is gathered through
administering the questionnaire.
Secondary data:
Are those which are already been collected by some one else and
which have already been passed through the statistical process. And
source of secondary data organization report, journal, etc.
Sampling:
The selected respondents constitute which is technically called as
sample and the selection process is called as sampling technique.
Random sampling:
The research study employed random sampling technique which
randomly selects the respondents.
Sample size:
An important decision that has to be taken while adopting a sampling
technique is about the size of the sample and the sample size is 100
respondents. The respondents include employees, businessmen and
students.
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Research instrument:
The research instrument use for this study is questionnaire.
Questionnaire:
A schedule containing various items on which information is sought
from respondents. And it consists of dichotomous question, multiple
choice question and open-ended questions, ranking questions.
Dichotomous question:
Are extreme from the multiple choice questions in which one or four
responses are allowed framed as yes/no.
Multiple-choice questions:
Is which requires the respondents to choose one of the several
answers listed in the questions itself or following the question?
Open-ended question:
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Are which requiring the respondents to answer it in his own words and
which does not bind the respondent to select an answer from among a
set of alternatives.
Ranking question:
Are those, which are based on ranks?
RESEARCH METHODOLOGY ADOPTED
Research design : descriptive research
Research Instrument : Structured non-disguised questionnaire
Sampling Plan
a) Sample method : Random Sampling
b) Sample Size : 100
c) Analysis Method : Simple percentage Method
PLAN OF THE STUDY
Chapter 1 consists of introduction.
It includes need and importance of the study, objectives of the
study, plan of the study, scope and period of the study, limitations
and conceptual and methodological framework.
Chapter 2 consists of review of literature.
Chapter 3 comprises of company profile.
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Chapter 4 consists of data analysis and interpretation.
Chapter 5 includes summary and conclusions.
Chapter6 includes recommendations.
LIMITATIONS OF THE STUDY
1. Due to limitation of span of time and limited resources, survey
was conducted for a period of 6 weeks.
2. Convenient sampling was used as the mode of conducting the
research.
3. The geographical region covered for the survey was limited to
the boundaries of twin cities.
4. Improper response from the customer but it was minimal.
5. Respondents were reluctant to answer some question, as they
took them personal therefore increasing the possibility of error.
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CHAPTER II
INDUSTRY PROFILE
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Automobile industry in India
The automobile industry in India is the ninth largest in the world with an annual
production of over 2.3 million units in 2008 In 2009, India emerged as Asia's fourth
largest exporter of automobiles, behind Japan, South Korea and Thailand.
Following economic liberalization in India in 1991, the Indian automotive industry has
demonstrated sustained growth as a result of increased competitiveness and relaxed
restrictions. Several Indian automobile manufacturers such as Tata Motors, Maruti
Suzuki and Mahindra and Mahindra, expanded their domestic and international
operations. India's robust economic growth led to the further expansion of its domestic
automobile market which attracted significant India-specific investment by multinational
automobile manufacturers. In February 2009, monthly sales of passenger cars in India
exceeded 100,000 units.
bryonic automotive industry emerged in India in the 1940s. Following the independence,
in 1947, the Government of India and the private sector launched efforts to create an
automotive component manufacturing industry to supply to the automobile industry.
However, the growth was relatively slow in the 1950s and 1960s due to nationalization
and the license raj which hampered the Indian private sector. After 1970, the automotive
industry started to grow, but the growth was mainly driven by tractors, commercial
vehicles and scooters. Cars were still a major luxury. Japanese manufacturers entered the
Indian market ultimately leading to the establishment of Maruti Udyog. A number of
foreign firms initiated joint ventures with Indian companies.
In the 1980s, a number of Japanese manufacturers launched joint-ventures for building
motorcycles and light commercial-vehicles. It was at this time that the Indian government
chose Suzuki for its joint-venture to manufacture small cars. Following the economic
liberalization in 1991 and the gradual weakening of the license raj, a number of Indian
and multi-national car companies launched operations. Since then, automotive
component and automobile manufacturing growth has accelerated to meet domestic and
export demands.
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Exports
India has emerged as one of the world's largest manufacturers of small cars. According to
New York Times, India's strong engineering base and expertise in the manufacturing of
low-cost, fuel-efficient cars has resulted in the expansion of manufacturing facilities of
several automobile companies like Hyundai Motors, Nissan, Toyota, Volkswagen and
Suzuki.
In 2008, Hyundai Motors alone exported 240,000 cars made in India. Nissan Motors
plans to export 250,000 vehicles manufactured in its India plant by 2011. Similarly,
General Motors announced its plans to export about 50,000 cars manufactured in India by
2011.
In September 2009, Ford Motors announced its plans to setup a plant in India with an
annual capacity of 250,000 cars for US$500 million. The cars will be manufactured both
for the Indian market and for export. The company said that the plant was a part of its
plan to make India the hub for its global production business. Fiat Motors also announced
that it would source more than US$1 billion worth auto components from India.
According to Bloomberg L.P., in 2009 India surpassed China as Asia's fourth largest
exporter of cars.
Indian automobile companies
Notable Indian automobile manufacturers
Ashok Leyland
Chinkara Motors : Beachster, Hammer, Roadster 1.8S, Rockster, Jeepster,
Sailster.
Force Motors
Hindustan Motors : Ambassador.
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Mahindra : Major, Xylo, Scorpio.
Maruti Suzuki : 800, Alto, WagonR, Estilo, AStar, Ritz, Swift, Swift DZire, SX4,
Omni, Versa, Gypsy
Premier : Sigma, Roadster, RiO.
San Motors : Storm
Tata Motors : Nano, Indica, Indigo, Sumo, Safari, TL.Aria
Electric car companies in India
Ajanta Group
Mahindra
Hero Electric REVA
Tara International
Tata Motors
Notable Multi-national automobile manufacturers
Locally manufactured Automobiles of Multi-national Companies
Audi : A4, A6.
BMW : 3 Series, 5 Series.
Chevrolet : Spark, Beat, Aveo U-VA, Aveo, Optra, Cruze, Tavera.
Fiat : Palio, Grande Punto, Linea.
Ford : Ikon, Fiesta, Fusion, Endeavour, Figo
Honda : Jazz, City, Civic, Accord.
Hyundai : Santro, i10, Getz, i20, Accent, Verna, Hyundai , Sonata.
Mercedes-Benz : C-Class, E-Class
Mitsubishi : Lancer, Lancer Cedia.
Nissan : Micra
Renault : Logan
Škoda : Fabia, Octavia, Laura.
Toyota : Corolla, Innova, Fortuner
Volkswagen : Jetta, Passat, Polo.
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Cars sold in India as CBU (Completely Built Units)
Audi : A8, TT, R8, Q5, Q7.
Bentley : Arnage, Azure, Brooklands, Continental GT, Continental Flying Spur,
Mulsanne.
BMW : 6 Series, 7 Series, X3, X5, X6, M3, M5, M6 and Z4.
Chevrolet : Captiva
Fiat : Nuova 500.
Honda : Civic Hybrid, CR-V.
Hyundai : Santa Fe.
Jaguar : XF, XJ, XK.
Lamborghini : Gallardo, Murciélago.
Land Rover : Range Rover, Range Rover Sport, Discovery 4, Freelander 2.
Maybach : 57 and 62.
Mercedes-Benz : CL-Class, CLS-Class, S-Class, SL-Class, SLK-Class, M-Class,
Viano.
Mitsubishi : Pajero, Montero, Outlander.
Nissan : Teana, X-Trail, 307Z.
Porsche : 911, Boxter, Panamera, Cayman, Cayenne.
Rolls Royce : Ghost, Phantom, Phantom Coupé, Phantom Drophead Coupé.
Škoda : Superb.
Suzuki : Grand Vitara.
Toyota : Camry, Land Cruiser, Land Cruiser Prado, Prius.
Volkswagen : Beetle, Touareg.
Volvo : S80, XC90.
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CHAPTER III
COMPANY PROFILE
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About Us (Over View of the company)Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai
Motor Company (HMC). HMIL is the largest passenger car exporter and the second
largest car manufacturer in India. It currently markets eight passenger car models across
segments -- in the A2 segment it has the Eon, Santro, i10 and the i20, in the A3 segment
the Accent and the Verna, in the A5 segment Sonata and in the SUV segment the Santa
Fe.
HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts
of advanced production, quality and testing capabilities. HMIL forms a critical part of
HMC's global export hub, it touched 1.5 million in exports in March 2012. It currently
exports to more than 120 countries across EU, Africa, Middle East, Latin America and
the Asia Pacific. HMIL has been India's number one exporter for seven years in a row.
To cater to rising demand the company commissioned its second plant in February 2008
having an installed capacity of 330,000 units per annum. To support its growth and
expansion plans HMIL currently has 346 dealers and around 800 service points across
India. In its commitment to provide customers with cutting-edge global technology,
HMIL set up a modern multi-million dollar R&D facility in Hyderabad. The R&D centre
endeavors to be a center of excellence in automobile engineering.
International OperationsHyundai was started in 1967 when the founders decided to assemble someone else’s
vehicles. The founder developed his own vehicles and succeeding in exporting vehicles
to other countries. Even though Hyundai started in Korea in 1967, they have expanded
their production facilities worldwide. There are 50,000 strategists, engineers, designers,
marketing, PR and sales specialists, line workers distributors and dealers in 193
countries.
Hyundai sources very few components from India but is on the verge of increasing that
level. However, the company wants India to improve the quality of its products. In order
to make India a global hub, the company needs consistent quality. India is Hyundai’s
second largest market in the world.
In terms of worldwide sales, the US, Chinese and Indian marketing are doing well. The
company does not plan to introduce commercial vehicles in India.
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India is the worldwide hub for small cars of Hyundai, the larger exporter of cars from
India. Hyundai has also developed a model in India for sales.
Hyundai has a production plant in Tamil Nadu which will double its production capacity
to 600,000 units per annum.
Hyundai will grab a large share of the car market by turning its operations in India and
China into key design, manufacturing, and export hubs for its entire global operations.
Top ExportsHyundai Motor India Ltd. Exports is the largest car exporter from India, contributing to
66 per cent of the total passenger exports. The company exported 247,102 cars in 2010 to
110 countries. The cars that it exported include the Santro, i10, i20 and Accent. The
exports grew by 10.7 per cent over the previous year. Hyundai Motor India Limited has a
strong export market, which includes European Union, Africa, Middle East, Latin
America, Asia and Australia. By 2010, Hyundai had exported 10 lakh cars.
Hyundai Motor India Limited began exporting cars in 1999 when it shipped 20 Santros to
Nepal. By 2004, the company exported 1,00,000 cars, by 2005, it exported 2,00,000 cars
and by 2006, it had exported 5,00,000 cars.
Apart from achieving milestones in terms of numbers, in terms of specific cars and
countries, Hyundai exported the first Getz on March 26, 2007, according to the company
website. Additionally, it’s first shipment to the United Kingdom was on November 29,
2005, to Latin America was on March 13, 2003, to Algeria on July 21, 2000.
Top Future PlansHyundai plans to launch not one but six cars in the next three years. The company plans
to launch two cars per year for the next few years. Among the six cars that are going to be
launched, Hyundai Elantra Avante will be the first car to hit the road.
The other cars that the company plans to launch is the Hyundai i10, the i20 and the i30
really soon. The company might also launch the Verna, another variant of cars. The i20
mini MPV is made by Hyundai’s European design center. It will have a unique exterior
and interior look to differentiate it from its Kia counterpart. Two other cars that will hit
17
the road will be the Hyundai Sonata or the i40. The wagon model will be introduced first
followed by the sedan variant. It will have powertrain technology and diesel and gasoline
engines. The car will have a 2.4 litre Theta engine.
Finally the most impressive car of the year for 2011, is the Hyundai Veloster. It’s a two
door coupe that replaces the Hyundai Coupe/Tiburon.
The company also plans to expand to the domestic market by establishing more
dealerships in India.
MISSION & VISIONHyundai released its Vision 2020 to establish the firm as the global leader in the
automobile market. The company focuses on key vision strategies:
AUTOMOTIVE VISION“To become a trusted lifetime partner of our customers, we will bring a new perspective
to automobiles through innovative mobility solutions based on human-centric, eco-
friendly technologies and services.”
STEEL VISION“As an eco-friendly, resource-circulating company, we will lead a new era in the steel
industry by providing high value-added products and services and realizing world's best
competitiveness based on cooperative relations with our stakeholders.”
CONSTRUCTION VISION“As a global leading provider of high-value engineering solutions, we will create the
foundation for a better life through cross-business synergy and convergence with future
technologies.”
Hyundai focuses on five main values: Customer, Challenge, Collaboration, People and
Globality. Providing customers top service will be at the top of their agenda. The
company will venture into new areas and not remain traditional. The company will have a
spirit of collaboration. People will be respected and valued. The company is not limited
to country-centric areas but will be known in the global arena.
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PROMOTERS (HINT :- CEO, DIRECTORS)
BOARD OF DIRECTORS
R. Sethuraman Senior Vice President of Finance & Corporate
Affairs and Director
Ravi Sharma Manager - Marketing PR
V Anand Deputy Manager - Marketing PR
Fact Sheet (Milestones) 1996: Hyundai Motor India Limited was established at its first plant near Chennai.
1998: the first Santro was produced.
2000: Hyundai launched its 100,000th car from Chennai. It also launched the Zip drive.
Santro crossed 100,000 cars in sales and exported 760 Accents and Santro cars to
Algeria.
2001: The 200,000th car was rolled out. The new look hatchback Santro and luxury
sedan Sonata were launched.
2002: the 1.1 litre E-Epsilon engine was launched globally. In 2002, the 300,000th car of
Hyundai was launched with the launch of the Accent Viva. The Santro Automatic
Transmission as well as the Accent CRDi were launched.
2003: Hyundai started exports to Latin America. It rolled out the 400,000th car. It
started exporting the Santro Xing and SUV Terracan in the same year.
2004: Hyundai Motors India Limited crossed sales figure of 100,000 in the export
market.
2005: Santro became known as the largest selling car of Hyundai. Hyundai launched the
SUV Tuscon. It also launched the Global Dealer Management System. This was a great
“launch” year for Hyundai as it launched the Santro Xing with eRLX technology, the
Sonata, and the export version of its Getz car – the GLE. It also exported its 200,000th
car overseas.
19
2006: Hyundai launched its 1, 000,000 car and also launched the HMIL Foundation. It
launched both the Hyundai Verna – in Petrol and Diesel. It exported its 300,000th car.
2007: the company launched the Getz Prime, Verna CRDiSx, the Sonata CRDi Automatic,
the Santro CNG and exported its 400,000th car.
2008: Hyundai inaugurated its 2nd plant in Chennai, and launched the following cars: i10
with the Kappa engine, Santro Eco and the i20 hatchback.
2009: Hyundai launched many cars- the new Sonata Transform, the new Verna Diesel
Automatic, and the i10.
2010: Hyundai launched the i10 electric car in India. This was the year it had 10 lakh car
exports, launched the Verna transform, had 30 lakh sales, including 20 lakh domestic
sales. It also launched the all new next Generation i10, and the Santa Fe.
Awards & Recognition2012
Verna gets the 'Sedan Of The Year 2011' Golden Steering Award
HMIL gets the 'Automotive Company Of the Year 2011' Golden Steering Award
Eon gets the 'Entry-Level Hatchback Of The Year' at ET Zigwheels Awards 2011
HMIL gets the 'Best Car Manufacturer 2012' award by Motor Vikatan magazine
2011
New Fluidic Verna wins the ‘Reader’s Choice Mid-size Car of the Year’ at Top Gear
Awards 2011
Santa Fe awarded 'Import SUV of the Year' by CNBC TV18 Overdrive Awards 2011
Santa Fe awarded 'SUV of the Year' by Business Standard Motoring Awards 2011
Santa Fe awarded 'SUV of the Year' by Car India Awards 2011
Santa Fe awarded 'Full size SUV of the Year' by NDTV Car & Bike Awards 2011
2010
HMIL receives the 'Niryat Shree’ Gold and Silver Trophies for 2008-09 by the Federation
of Indian Export Organisations (FIEO). The Gold Trophy was received in the Engineering
and Metallurgical products – Non-MSME category and the Silver Trophy in the Highest
Foreign Exchange Earner category.
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HMIL received the 'All India Award for Export Excellence 2008-09' by the Engineering
Export Promotion Council (EEPC). HMIL was awarded the Gold Trophy – in the Large
Enterprise category.
HMIL gets CSR award from Tamil Nadu Deputy Chief Minister Mr. M. K. Stalin
Hyundai i10 wins 'Small Family Favourite Car Award' by CarWale.com
Hyundai i20 wins the ‘Viewer’s Choice Award’ at the Overdrive CNBC TV 18 Awards
2010.
Hyundai Motor India Ltd wins the award for ‘Customer Service’ at the Apollo Auto India
Best Brand Awards 2010.
Hyundai i20 wins the ‘Design of the Year’ award at the NDTV Profit Car & Bike Awards
2010.
Hyundai i10 brand ambassador Shahrukh Khan wins the ‘Brand Ambassador of the Year’
award at NDTV Profit Car & Bike Awards 2010.
Contact us (Hint :- Address Of the company or plant location “Head Office”)
Registered Office & Factory
Hyundai Motor India Limited
Irrugattukottai, NH No. 4,
Sriperumbudur Taluk,
Kanchipuram District - 602105
Tamil Nadu
Tel: +91-(0)044 - 47100000
Fax: +91-(0)044 - 47100500
Email: [email protected]
Website: http://www.hyundai.com
Marketing & Sales Headquarters
Hyundai Motor India Limited
Marketing & Sales Headquarters
5th & 6th Floor,
Corporate One (Baani Building),
MIDC Shiravane, Nerul,
Plot No. 5, Commercial Centre, Jasola
21
New Delhi - 110076
Delhi
Board No.: +91-(0)11-66022000
Fax: (5th Floor) +91-(0)11-66022201
Fax: (6th Floor) +91-(0)11-66022202
Customer Care:
Call: 1800-11-4645 (Toll Free - Only from MTNL & BSNL numbers)
Mob: (0)98735-64645
Latest Financial Information (Hint: - How the company is perfuming in the recent
years)
Products of the company (For Marketing Projects with Logo if it is possible)
Product Overview
EON
Hyundai EON is undoubtedly a head-turner. With its un-interrupted flowing curves and strong character lines, it’s a car that’s modern and stylish like nothing else. The familiar Hyundai hexagonal grille, the swept back headlamps, the half moon shaped tail-lamps along with other distinctive design elements increase the style quotient and make the Hyundai EON a design revolution
Hyundai has been acclaimed pioneer in making fuel efficient and safe cars for its customers. Further to our commitment Hyundai EON is a car powered with mileage friendly frugal engine and coupled with inbuilt functions for eco-efficient driving. Starting from the core body development stage of the vehicle no stone has been left unturned to provide maximum safety
Intelligent design has created a car with roomy interiors and lots of space. Being the widest car with longest wheelbase in its segment, the first thing that strikes you about the Hyundai EON interiors is the sheer space in it. The car boasts of ample legroom both in front and rear o fulfill family needs. More than that, the space is used to generate practical and versatile solutions to different carrying requirements.
Santro Xing
The new Santro Xing sports stunning design changes which include refreshing exteriors and new look luxurious interiors. The new front radiator grille, the full wheel cover and the rear spoiler makes the new Santro Xing aesthetically more appealing and sporty. With metallic touches at multiple locations and plush new two tone beige and brown color scheme, the new Santro Xing adds elegance and style to the existing great looks.No compromise on boot space 2 year unlimited warranty. Company fitted lpg kit. Runs on both petrol and lpg
Space & Multifunctions
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The incredibly roomy interiors of the Tall-Boy Santro is designed to maximize personal space.Ease of driving with power steering
With the 'Easy Drive' power steering of the Santro Xing, squeezing into difficult parking lots and negotiating the rush hour traffic, is not just effortless, but fun as well.Effective Air Conditioning
The redesigned louvres in the Santro Xing offers much improved air circulation and delivers optimum driver and passenger comfort.
i10
The best seller is also the No.1 mileage
1. The BSIV compliant 1.2 Kappa2 engine with VTVT achieved a spectacular fuel mileage of 20.36 km/litre
2. Best in class ARAI-certified fuel efficiency among petrol cars in IndiaNew 2-tone beige and light brown interiors with blue illumination and chrome accents at multiple locations gives the Next Gen i10 a premium feel and make it a car like no other. The new stunning design also makes the cluster much more interesting.Apart from being the best-looking car on roads, the Next Gen i10 is also one of the safest. With first-in class reverse parking sensors and the reassurance of dual airbags and ABS, you don't have to worryabout safety anymore while you enjoy your Next Gen drive.ICOTY 2008:i10 won the coveted 'ICOTY 2008' the most trusted word on automobiles for consumers, manufacturers and Auto experts. This Award have proved to be the benchmark for auto excellence in the country.Other COTY Awards for i10 in 2008:BS Motoring 'Car of the Year'CNBC TV 18 Autocar 'Car of the Year'NDTV Profit Car & Bike Awards 'Compact Car of the Year'NDTV Profit Car & Bike Awards 'Car of the Year'Overdrive Awards 'Car of the Year'
i20 The luxury hatch is hotter than ever in its new avatar with Uber Features, Uber Style and Uber Power. The all new i-Gen i20 is your ticket to the Uber Life with attention to detail that makes it not just a style statement but also a lifestyle statement.The all new i20 is the only car in the segment to offer 6 airbags - dual front, side & curtain, making it one of the safest cars on the road
- Automatic headlamps switch on and off as per outside visibility conditions for convenient and safe driving
- The side lights blink thrice to indicate lane changing intentions to trailing traffic with one touch.- Rain sensing wipers automatically start operating in case of sudden shower or rain.- The clutch lock function ensures the engine doesn’t start unless the clutch is pressed first, thus preventing accidental start of the car
23
- The 1.2 Kappa dual VTVT engine comes with separate VTVT assembly for intake and exhaust valves and the technology optimizes the opening and closing of valves for improved performance, mileage and reduced emissions
- The technologically advanced and powerful U2 diesel engine is quiet, clean and responsive. Mated with a 6-speed transmission, it offers perfect driving pleasure with enhanced fuel efficiency, smoother drivability and refinement.
Accent
Hyundai Accent has been designed keeping in mind your expectations from a true luxury sedan. With its smooth blend of design, a zippy responsive engine and well appointed interiors, the Accent sure packs a lot more thrill into your driving. Accent offers all that a mid-sized sedan can pack and more
1.5 SOHC Engine (Refined power) - The 1.5 SOHC in-line-4-cylinder engine delivers 95 ps of power and 12.7 kgm of torque, offering superior refinement and drivability that is a benchmark for cars in its class
Fresh look front grille with unique horizontal slats for that sophisticated look.JD Power Asia Pacific IQS Award:
Hyundai Accent has topped the JD Power Asia Pacific IQS for 2002 and the APEAL study for 2001 and 2002
TNS TCS 2007:
'Best Entry Mid size Petrol Car'TNS TCS 2005:Accent Petrol - 'No 1 Entry Mid size Car'
Fluidic Verna
Introducing the new Hyundai Verna - A car that redefines style, luxury and power. Following a fluidic sculpture design philosophy that seeks to create cars that are inspired by nature and are based on the natural rhythm of life, it harmoniously blends power with style. With uninterrupted curves and a Coupe like sporty profile, the new Verna engages your senses with its very presence. Offering sleek good looks, advanced technology and groundbreaking safety features, this Sedan is a cut above the rest, and a revolution ahead.The new Verna offers all-round protection with 6 airbags - 2 curtain airbags running along the length of the cabin, 2 side airbags and 2 for the driver and front passenger.The 1.6 L VTVT engine is a powerhouse which is refined to deliver best-in-segment 123ps@ 6300 rpm leaving the competition way behind. The engine is tuned to generate optimum efficiency without compromising on power. The new Verna also offers a 1.4 L VTVT which boasts of similarly unbeatable performance and best-in-segment mileage of 17.43 Km/L (ARAI). Features- Parking camera and sensors- Engine start/stop button with smart key
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- Supervision cluster with Blue illumination- Clean air cluster Ionizer- Power folding outside mirrors with turn indicators- 6 Airbags for additional safety
Neo Fluidic Elantra
It’s no longer lonely at the top with the Neo Fluidic Elantra to keep you company.
With its world-class engineering and exceptionally elegant design, it complements
your own inimitable style. Add to that a host of well thought of features, unparalleled
craftsmanship, and you have a car that celebrates success like none else.
With the Elantra, safety is not just a necessity but a priority. Which is why, the Elantra
includes a host of world-class safety features, including 6 airbags, so that you and
your loved ones are always safe and happy.
Our fluidic design philosophy has helped create this wind-crafted phenomenon that is
sure to enchant all your senses. Right from the front grille to the tail lamps, the Elantra
is a work of art that’s sure to catch the eye of even the most discerning automobile
enthusiast. Even the side character lines of the Elantra display top-class styling and
innovation.
Major engineering refinements went into creating the Elantra. Sophisticatedly
matched to the styling of the Elantra, the 1.8L Dual VTVT and 1.6L CRDi VGT
engines squeeze the maximum amount of energy from each drop of fuel. Both the
engines are designed to leave the competition far behind.
The All New Sonata
There’s Luxury. Then there’s the All New Sonata, a masterpiece crafted with the
ultimate in luxury and technology. Designed with the elegant and refined beauty of the
orchid flower in mind, the New Sonata embraces Hyundai’s ‘Fluidic Sculpture’
philosophy where smooth, flowing lines meet function like never before. Where
opulence and efficiency come together to form a car that’s more a work of art, than an
automobile.
Drawing inspiration from the kinetic force of nature, the new Sonata’s strong yet
fluidic character lines shape the exterior.
Preserving the beauty of a cascading waterfall, the front grille takes its design cues
from the harmony of flowing water in nature.
Delivering 201 PS of power, the new 2.4L GDi engine proves its might as the most
powerful in-line engine in the segment. Optimum power with fuel efficiency and low
exhaust emissions are made possible by directly injecting high pressure fuel into the
25
combustion chamber while harnessing the benefits of Dual Continuously Variable
Timing Value Terrain (D-VTVT).
Santa Fe
They say it’s impossible to overdo luxury. The Santa Fe is as close as it comes to that
possibility. From the sleek lines of the design, to the lavish interiors, this car spells
luxury with every inch. Add to that ground-breaking technology and features and you
have a car is truly well-appointed.
Keeping you and your loved ones safe is a basic and essential concern when deciding
on which vehicle to buy. Look no further. Hyundai Motor has made safety the top
priority when designing the Santa Fe. The protective capabilities may not be readily
apparent to the eye, but this SUV is thoroughly equipped to withstand diverse
collision scenarios.
The Santa Fe’s craftsmanship is inspired by the heart and completed with technology.
You will continue to be pleasantly surprised by the features you discover throughout
the vehicle when driving or parked.
The Santa Fe experience goes beyond power and ride smoothness. Now there’s the
satisfaction of doing more for the environment and saving more on fuel costs.
26
COMPANY PRODUCTS
EON
Santro Xing
i10
i20
27
Accent
Fluidic Verna
Neo Fluidic Elantra
The All New Sonata
Santa Fe
28
CHAPTER - III
29
LITERATURE REVIEW
History
The word "brand" is derived from the Old Norse brandr, meaning "to burn." It refers to
the practice of producers burning their mark (or brand) onto their products.
Although connected with the history of trademarks and including earlier examples which
could be deemed "protobrands" (such as the marketing puns of the "Vesuvinum" wine
jars found at Pompeii), brands in the field of mass-marketing originated in the 19th
century with the advent of packaged goods. Industrialization moved the production of
many household items, such as soap, from local communities to centralized factories.
When shipping their items, the factories would literally brand their logo or insignia on the
barrels used, extending the meaning of "brand" to that of trademark.
Bass & Company, the British brewery, claims their red triangle brand was the world's
first trademark. Lyle’s Golden Syrup makes a similar claim, having been named as
Britain's oldest brand, with its green and gold packaging having remained almost
unchanged since 1885.
Cattle were branded long before this; the term "maverick", originally meaning an
unbranded calf, comes from Texas rancher Samuel Augustus Maverick who, following
the American Civil War, decided that since all other cattle were branded, his would be
identified by having no markings at all. Even the signatures on paintings of famous artists
like Leonardo Da Vinci can be viewed as an early branding tool.
Factories established during the Industrial Revolution introduced mass-produced goods
and needed to sell their products to a wider market, to customers previously familiar only
with locally-produced goods. It quickly became apparent that a generic package of soap
had difficulty competing with familiar, local products. The packaged goods
manufacturers needed to convince the market that the public could place just as much
trust in the non-local product. Campbell soup, Coca-Cola, Juicy Fruit gum, Aunt Jemima,
and Quaker Oats were among the first products to be 'branded', in an effort to increase the
30
consumer's familiarity with their products. Many brands of that era, such as Uncle Ben's
rice and Kellogg's breakfast cereal furnish illustrations of the problem.
Around 1900, James Walter Thompson published a house ad explaining trademark
advertising. This was an early commercial explanation of what we now know as
branding. Companies soon adopted slogans, mascots, and jingles that began to appear on
radio and early television. By the 1940s, manufacturers began to recognize the way in
which consumers were developing relationships with their brands in a
social/psychological/anthropological sense.
From there, manufacturers quickly learned to build their brand's identity and personality
(see brand identity and brand personality), such as youthfulness, fun or luxury. This
began the practice we now know as "branding" today, where the consumers buy "the
brand" instead of the product. This trend continued to the 1980s, and is now quantified in
concepts such as brand value and brand equity. Naomi Klein has described this
development as "brand equity mania". In 1988, for example, Philip Morris purchased
Kraft for six times what the company was worth on paper; it was felt that what they really
purchased was its brand name.
Marlboro Friday: April 2, 1993 - marked by some as the death of the brand - the day
Philip Morris declared that they were to cut the price of Marlboro cigarettes by 20%, in
order to compete with bargain cigarettes. Marlboro cigarettes were notorious at the time
for their heavy advertising campaigns, and well-nuanced brand image. In response to the
announcement Wall street stocks nose-dived for a large number of 'branded' companies:
Heinz, Coca Cola, Quaker Oats, PepsiCo. Many thought the event signalled the
beginning of a trend towards "brand blindness" (Klein 13), questioning the power of
"brand value".
How do customers remember?
The tendency of a brand to be thought of in a buying situation is known as “brand
salience”. Brand salience is “the propensity for a brand to be noticed and/or thought of in
buying situations” and the higher the brand salience the higher it’s market penetration
31
and therefore its market share. Salience refers not to what customers think about brands
but to which ones they think about.
Brands which come to mind on an unaided basis are likely to be the brands in a
customer’s consideration set and thus have a higher probability of being purchased.
Advertising weight and brand salience are cues to customers indicating which brands are
popular, and customers have a tendency to buy popular brands. Also, an increase in the
salience of one brand can actually inhibit recall of other brands, including brands that
otherwise would be candidates for purchase.
It is widely acknowledged that buyer’s do not see their brand as being any different from
other brands that are available. They buy a particular brand because they are more aware
of it, not because it is more distinctive, or has a point of difference. We now know that all
decisions made by humans involve memory processes to a greater or lesser extent.
Incoming information from the external environment travels by the sensory memory into
the short-term (or working) memory (STM) but if it is not acted upon in a very short time
the brain simply discards it.
But salient information that is important and received on a regular basis through different
channels is passed to the long-term memory (LTM) where it can be stored for many
years. Memories are stored or filed via connections between new and existing memories
in the different parts of the memory. They are laid down in a framework making some
memories easier to access than others. Recall is the process by which an individual
reconstructs the stimulus itself from memory, removed from the physicality’s of that
reality.
Global Brand
A global brand is one which is perceived to reflect the same set of values around the
world.Global brands transcend their origins and creates strong, enduring relationships
with consumers across countries and cultures.
Global Brands are brands which sold to international markets. Examples of Global
Brands include Coca-Cola, McDonald's, Marlboro, Levi's etc.. These brands are used to
32
sell the same product across multiple markets, and could be considered successful to the
extent that the associated products are easily recognizable by the diverse set of
consumers.
Benefits of Global Branding
In addition to taking advantage of the outstanding growth opportunities, the following
drives the increasing interest in taking brands global:
•economies of scale (production and distribution)
•lower marketing costs
•laying the groundwork for future extensions worldwide
•maintaining consistent brand imagery
•quicker identification and integration of innovations (discovered worldwide)
•preempting international competitors from entering domestic markets or locking you out
of other geographic markets
•increasing international media reach (especially with the explosion of the Internet) is an
enabler
•increases in international business and tourism are also enablers
Global Brand Variables
The following elements may differ from country to country: •corporate slogan
•products and services
•product names
•product features
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•positionings
•marketing mixes (including pricing, distribution, media and advertising execution)
These differences will depend upon:
•language differences
•different styles of communication
•other cultural differences
•differences in category and brand development
•different consumption patterns
•different competitive sets and marketplace conditions
•different legal and regulatory environments
•different national approaches to marketing (media, pricing, distribution, etc.)
Local Brand
A brand that is sold and marketed (distributed and promoted) in a relatively small and
restricted geographical area. A local brand is a brand that can be found in only one
country or region. It may be called a regional brand if the area encompasses more than
one metropolitan market. It may also be a brand that is developed for a specific national
market, however an interesting thing about local brand is that the local branding is mostly
done by consumers then by the producers. Examples of Local Brands in Sweden are
Stomatol, Mijerierna etc..
Brand name
The brand name is quite often used interchangeably within "brand", although it is more
correctly used to specifically denote written or spoken linguistic elements of any product.
In this context a "brand name" constitutes a type of trademark, if the brand name
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exclusively identifies the brand owner as the commercial source of products or services.
A brand owner may seek to protect proprietary rights in relation to a brand name through
trademark registration. Advertising spokespersons have also become part of some brands,
for example: Mr. Whipple of Charmin toilet tissue and Tony the Tiger of Kellogg's.
Local Baranding is usually done by the consumers rather then the producers.
Types of brand names
Brand names come in many stylesA few include:
Acronym: A name made of initials such as UPS or IBM
Descriptive: Names that describe a product benefit or function like Whole Foods or
Airbus
Alliteration and rhyme: Names that are fun to say and stick in the mind like Reese's
Pieces or Dunkin' Donuts
Evocative: Names that evoke a relevant vivid image like Amazon or Crest
Neologisms: Completely made-up words like Wii or Kodak
Foreign word: Adoption of a word from another language like Volvo or Samsung
Founders' names: Using the names of real people like Hewlett-Packard or Disney
Geography: Many brands are named for regions and landmarks like Cisco and Fuji Film
Personification: Many brands take their names from myth like Nike or from the minds of
ad execs like Betty Crocker
The act of associating a product or service with a brand has become part of pop culture.
Most products have some kind of brand identity, from common table salt to designer
jeans. A brandnomer is a brand name that has colloquially become a generic term for a
product or service, such as Band-Aid or Kleenex, which are often used to describe any
kind of adhesive bandage or any kind of facial tissue respectively.
Brand identity
A product identity, or brand image are typically the attributes one associates with a brand,
how the brand owner wants the consumer to perceive the brand - and by extension
the branded company, organization, product or service. The brand owner will seek to
bridge the gap between the brand image and the brand identity. Effective brand names
35
build a connection between the brand personality as it is perceived by the target audience
and the actual product/service. The brand name should be conceptually on target with the
product/service (what the company stands for). Furthermore, the brand name should be
on target with the brand demographic Typically, sustainable brand names are easy to
remember, transcend trends and have positive connotations. Brand identity is
fundamental to consumer recognition and symbolizes the brand's differentiation from
competitors.
Brand identity is what the owner wants to communicate to its potential consumers.
However, over time, a products brand identity may acquire (evolve), gaining new
attributes from consumer perspective but not necessarily from the marketing
communications an owner percolates to targeted consumers. Therefore, brand
associations become handy to check the consumer's perception of the brand.
Brand identity needs to focus on authentic qualities - real characteristics of the value and
brand promise being provided and sustained by organisational and/or production
characteristics
Visual Brand Identity
The visual brand identity manual for Mobil Oil (developed by Chermayeff & Geismar),
one of the first visual identities to integrate logotype, icon, alphabet, color palette, and
station architecture to create a comprehensive consumer brand experience.
The recognition and perception of a brand is highly influenced by its visual presentation.
A brand’s visual identity is the overall look of its communications. Effective visual brand
identity is achieved by the consistent use of particular visual elements to create
distinction, such as specific fonts, colors, and graphic elements. At the core of every
brand identity is a brand mark, or logo. In the United States, brand identity and logo
design naturally grew out of the Modernist movement in the 1950’s and greatly drew on
the principals of that movement – simplicity (Mies van der Rohe’s principle of "Less is
more") and geometric abstraction. These principles can be observed in the work of the
pioneers of the practice of visual brand identity design, such as Paul Rand, Chermayeff &
Geismar and Saul Bass.
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Company name
Often, especially in the industrial sector, it is just the company's name which is promoted
(leading to one of the most powerful statements of "branding"; the saying, before the
company's downgrading, "No one ever got fired for buying IBM").
In this case a very strong brand name (or company name) is made the vehicle for a range
of products (for example, Mercedes-Benz or Black & Decker) or even a range of
subsidiary brands (such as Cadbury Dairy Milk, Cadbury Flake or Cadbury Fingers in the
United States).
Individual branding
Each brand has a separate name (such as Seven-Up, Kool-Aid or Nivea Sun
(Beiersdorf)), which may even compete against other brands from the same company (for
example, Persil, Omo, Surf and Lynx are all owned by Unilever).
Attitude branding and Iconic brands
Attitude branding is the choice to represent a larger feeling, which is not necessarily
connected with the product or consumption of the product at all. Marketing labeled as
attitude branding include that of Nike, Starbucks, The Body Shop, Safeway, and Apple
Inc.. In the 2000 book No Logo,[12] Naomi Klein describes attitude branding as a "fetish
strategy".
"A great brand raises the bar -- it adds a greater sense of purpose to the experience,
whether it's the challenge to do your best in sports and fitness, or the affirmation that the
cup of coffee you're drinking really matters." - Howard Schultz (president, CEO, and
chairman of Starbucks)
Iconic brands are defined as having aspects that contribute to consumer's self-expression
and personal identity. Brands whose value to consumers comes primarily from having
identity value comes are said to be "identity brands". Some of these brands have such a
strong identity that they become more or less "cultural icons" which makes them iconic
brands. Examples of iconic brands are: Apple Inc., Nike and Harley Davidson. Many
37
iconic brands include almost ritual-like behaviour when buying and consuming the
products.
There are four key elements to creating iconic brands (Holt 2004):
1. "Necessary conditions" - The performance of the product must at least be ok
preferably with a reputation of having good quality.
2. "Myth-making" - A meaningful story-telling fabricated by cultural "insiders".
These must be seen as legitimate and respected by consumers for stories to be
accepted.
3. "Cultural contradictions" - Some kind of mismatch between prevailing ideology
and emergent undercurrents in society. In other words a difference with the way
consumers are and how they some times wish they were.
4. "The cultural brand management process" - Actively engaging in the myth-
making process making sure the brand maintains its position as an icon.
"No-brand" branding
Recently a number of companies have successfully pursued "No-Brand" strategies by
creating packaging that imitates generic brand simplicity. Examples include the Japanese
company Muji, which means "No label" in English (from "Mujirushi Ryohin" – literally,
"No brand quality goods"), and the Florida company No-Ad Sunscreen. Although there is
a distinct Muji brand, Muji products are not branded. This no-brand strategy means that
little is spent on advertisement or classical marketing and Muji's success is attributed to
the word-of-mouth, a simple shopping experience and the anti-brand movement. "No
brand" branding may be construed as a type of branding as the product is made
conspicuous through the absence of a brand name.
Derived brands
In this case the supplier of a key component, used by a number of suppliers of the end-
product, may wish to guarantee its own position by promoting that component as a brand
in its own right. The most frequently quoted example is Intel, which secures its position
in the PC market with the slogan "Intel Inside".
38
Brand extension
The existing strong brand name can be used as a vehicle for new or modified products;
for example, many fashion and designer companies extended brands into fragrances,
shoes and accessories, home textile, home decor, luggage, (sun-) glasses, furniture,
hotels, etc.
Mars extended its brand to ice cream, Caterpillar to shoes and watches, Michelin to a
restaurant guide, Adidas and Puma to personal hygiene. Dunlop extended its brand from
tires to other rubber products such as shoes, golf balls, tennis racquets and adhesives.
There is a difference between brand extension and line extension. A line extension is
when a current brand name is used to enter a new market segment in the existing product
class, with new varieties or flavors or sizes. When Coca-Cola launched "Diet Coke" and
"Cherry Coke" they stayed within the originating product category: non-alcoholic
carbonated beverages. Procter & Gamble (P&G) did likewise extending its strong lines
(such as Fairy Soap) into neighboring products (Fairy Liquid and Fairy Automatic)
within the same category, dish washing detergents.
Multi-brands
Alternatively, in a market that is fragmented amongst a number of brands a supplier can
choose deliberately to launch totally new brands in apparent competition with its own
existing strong brand (and often with identical product characteristics); simply to soak up
some of the share of the market which will in any case go to minor brands. The rationale
is that having 3 out of 12 brands in such a market will give a greater overall share than
having 1 out of 10 (even if much of the share of these new brands is taken from the
existing one). In its most extreme manifestation, a supplier pioneering a new market
which it believes will be particularly attractive may choose immediately to launch a
second brand in competition with its first, in order to pre-empt others entering the market.
Individual brand names naturally allow greater flexibility by permitting a variety of
different products, of differing quality, to be sold without confusing the consumer's
perception of what business the company is in or diluting higher quality products.
39
Once again, Procter & Gamble is a leading exponent of this philosophy, running as many
as ten detergent brands in the US market. This also increases the total number of
"facings" it receives on supermarket shelves. Sara Lee, on the other hand, uses it to keep
the very different parts of the business separate — from Sara Lee cakes through Kiwi
polishes to L'Eggs pantyhose. In the hotel business, Marriott uses the name Fairfield Inns
for its budget chain (and Ramada uses Rodeway for its own cheaper hotels).
Cannibalization is a particular problem of a "multibrand" approach, in which the new
brand takes business away from an established one which the organization also owns.
This may be acceptable (indeed to be expected) if there is a net gain overall.
Alternatively, it may be the price the organization is willing to pay for shifting its
position in the market; the new product being one stage in this process.
Private labels
With the emergence of strong retailers, private label brands, also called own brands, or
store brands, also emerged as a major factor in the marketplace. Where the retailer has a
particularly strong identity (such as Marks & Spencer in the UK clothing sector) this
"own brand" may be able to compete against even the strongest brand leaders, and may
outperform those products that are not otherwise strongly branded.
Individual and Organizational Brands
There are kinds of branding that treat individuals and organizations as the "products" to
be branded. Personal branding treats persons and their careers as brands. The term is
thought to have been first used in a 1997 article by Tom Peters. Faith branding treats
religious figures and organizations as brands. Religious media expert Phil Cooke has
written that faith branding handles the question of how to express faith in a media-
dominated culture. Nation branding works with the perception and reputation of countries
as brands.
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CHAPTER - IV
41
1. Do you own a car?
Options Percentage of Respondents
YES 100%
No 0%
Interpretation:
From above pie chart it can be stated that 100% people having their own cars.
42
2. Which brand of car do you own?
Brand name Percentage of Respondents
Toyota 50%
Honda 10%
Hyundai 12%
Maruthi Suzuki 13%
Others 15%
Interpretation:
43
From above it can be stated that 50% of people having Toyota cars,10% of
people having Honda cars , 12% of people having Hyundai cars , 13% of people having
Maruthi Suzuki cars , 15% of people having other cars .
3. What are the valuable attributes you normally look while purchasing a Four Wheeler?
Attributes Percentage of preference of attribute
Design 10
Quality 15
Price 8
Brand Name 40
Comfort 12
Service 10
Performance 5
Interpretation:
44
From above pie chart it can be stated that people give preference 40% to brand
name,15% to quality,8% to price,10% to design, 12% to comfort,10% to service,5% to
performance.
4. Which model of Hyundai do you have?
Model No of people percentage
Quails 10 20
Innova 30 60
Corolla 12 24
Camry 3 6
Interpretation:
45
From above pie chart it can be stated that out of the people who having
Hyundai ,60% of people having Innova, 24% of people having Corolla, 20% of people
having Qualis,6% of people having Camry.
5. You heard about the Hyundai vehicle through?
source percentage
Friends 40
Advertisements 24
Tele call 6
Event 20
Consultant 10
Interpretation:
From the above we can state that 40% people heard about the Hyundai vehicle
through friends, 24% through advertisements, 6% through tele call, 20% through event
and 10% through consultant.
46
47
6. Why are you chosen Hyundai vehicle?
Attributes Percentage of preference to attribute
Features 30
Better Mileage 20
Brand name 40
All the above 10
Interpretation:
From above pie chart it can be stated that people give preference 40% to brand
name, 30% to features, 20% to better mileage, 10% to all the above attributes.
48
7. Where did you purchase Hyundai car in A.P.?
Show room name of Hyundai Percentage of people
Dobro 50
Harsha 46
other 4
Interpretation:
From above pie chart it can be stated that 50% of people purchase Hyundai
vehicles at Dobro, 46% at Harsha and 4% at other show room.
49
8. Which show room is providing better service in A.P.?
Show rooms % of people got better service
Dobro 50
Harsha 40
Other 10
Interpretation:
From above pie chart it can be stated that 50% of people get satisfied with the
service provided at Dobro, 40% at Harhsa and 10% at other show room.
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9. Receiveness of staff with the customers at showrooms?
Receiveness at show room percentage
Excellent 60
Very good 20
Good 10
Average 10
Poor 0
Interpretation:
From above pie chart it can be stated that the receiveness with customers at show
room is 60% excellent, 20% very good, 10% good and 10% average.
51
10. When did you intend to purchase your next car in Hyundai?
Duration Percentage of people
6 months 30
1 year 40
1-2 years 20
No plan 10
Interpretation:
From above pie chart it can be stated that the percentage of people who are
planned to purchase their next car in Toyota with in 6 months is 30%, with in one year is
40%, with in one or two years is 20%. And 10% of people not yet planned.
52
CHAPTER - V
53
FINDINGS
From the survey about the people who have own cars I found that 50% of the
people having Toyota cars,10% of the people having Honda cars,12% of the
people having Hyundai,13% of the people having Maruthi Suzuki and 15 % of the
people having other cars. Hence, we can say that 13% of the people having
Hyundai cars.
From the survey I found that most of the people giving preference to brand name
of the company then they look for quality and service. And giving least preference
to price.
From the survey about the people who having Hyundai cars, most of the people
having Innova because it can be used for multi purposes. Then Qualis and
Corolla. But less people having Camry cars.
54
From the survey I found that most of the people heard about the Hyundai through
friends (who having Hyundai cars) and by ads. The people less heard about the
Hyundai through telesales, events and consultants.
From the survey I found that to purchase Hyundai car 50% of the people
interested at Dobro show room because it is well established and also providing
better services, 46% of the people interested at Harsha showroom.
From the survey about the behaviour of the staff with customers, most of the
people well satisfied.
From the survey I found that most of the people interested to buy new Hyundai
within one year. Because Hyundai car having best quality and providing better
services.
CONCLUSION
This project concludes that the Hyundai motor should provide lowest price
of cars for the sake of increasing sales & increasing Hyundai motor market. Compare to
Dobro showroom Harsha Hyundai provide special offers to the customers to increase
their market position in the competitive world. Hyundai Kirloskar motor company ready
give another dealership in Hyderabad. That’s why Dobro Hyundai showroom tries to
attract new customer to give new offers & better discounts to them. Dobro Hyundai gives
advertisements using electronic media& print media to increase their sales. And also
55
provide new events & better after sales service to the existing customers. Already Dobro
Hyundai is having well brand image in the automobile market.
SUGGESTIONS
The company should maintain their market position and try to increase their
customers.
Enough spare parts for the latest models should be stocked, so as to meet sudden
break down calls.
To enable the customers to get in touch with the service personal more easily, the
number of direct phones should be increase or provide the toll free number.
Periodically, review meetings with the customers in different areas should be
convinced, to have a general consensus regarding problems being faced by them.
56
To increase sales of the cars, the company should concentrate on advertisements
and try to provide special offers.
If the company reduce the price of the cars then sales will be increased
dramatically.
CHAPTER - VI
57
BIBLIOGRAPHY
PHILIP KOTLER 2000/e - MARKETING MANAGEMENT
PHILIP KOTLER &
GARY ARMSTRONG - PRINCIPLES OF MARKETING
G.C. BERI - MARKETING RESEARCH
58
www.google.com
www.hyundai.com
QUESTIONNAIRE
Name of Respondent : _____________________________________
Designation : ________________________ Age : _______
Income :___________________________
Address : ______________________________________
______________________________________
Phone No._________________ Email id:___________________________
Introduction & purpose:
Good ___________________. I’m __________________ from Hyundai customer
satisfaction cell as part of curriculum. Iam doing this survey for the award of Master of
Business Administration. Kindly, co-operate, the information given by you will be used
for academic purpose only.
59
1. Do you own a car? (Yes / No)
2. Which brand do you own?
Hyundai Maruthi Suzuki
Honda Other’s( please specify)
Toyota
3. What are the value attributes you normally look while purchasing a Four Wheeler?
(Please rank)
Design Quality
Price Brand Image
Comfort Service
Performance Other’s (please specify)
4. Are you aware of Hyundai? (Yes / No)
5. Which model do you have?
Quails Innova
Corolla Camry
Prado
6. Where did you purchase your Hyundai vehicle? ( )
A. Dobro B. Harsha C. Other
7. You heard about Hyundai vehicle through? ( )
A. A Friend B. Add C.Tele call D. Event E.Consultent
8. Why are you chosen Hyundai? ( )
A. Features B. Better mileage C. Brand Image D. All the above
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9. When do you intend to purchase your next car?
6 months ( ) 1 year ( ) 1-2 years ( ) No plan ( )
10. When would you like to be test drive Hyundai vehicle?
Date : ____________ Time : ______________________.
11. In your opinion, which show room providing better service? ( )
A. Dobro B. Harsha C. Other
12. Receiveness of staff with the customers at showrooms? ( )
A. Excellent B. Very good C. Good D. Average E.Poor
13. Why are you chosen___________ show room?
Reason: _______________________________________________.
14. Do you know any person in that show room (YES/NO)
If know please tell me details: _______________________________
________________________________.
15. Mention your valuable suggestions
________________________________________________________________________
___________________________________________.
THANK YOU.
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