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A
Project Report
ON
“Consumer perception towards TATA ACE”
Submitted to Punjab Technical University (PTU) JALANDHAR
It is partial fulfillment of the requirement of award of “Master of Business
Administration” (M.B.A.)
Submitted by :- Project Guide:
Shivani
Class MBA,3rd sem
Roll. No.
Session 2010-20012
Satyam institute of management & Technology, Nakodar
CERTIFICATE
This is to certify that Ms Shivani of MBA 3RD semester of…………….. has completed her
project report on the topic of “Consumer perception towards TATA ACE ” under the
supervision of…………..
To best of my knowledge the report is original and has not been copied or submitted anywhere
else. It is an independent work done by him
PREFACE
Project work is something that every Management student should carry out seriously at any
organization irrespective of their topic they choose to do. This is a part of complete
management study and carrying out such a project work is required by the examination and
evaluation Department of different Universities necessary for the partial fulfillment of Master
of Business Administration.
Carrying and completing such a project work is not an easy task. One must be careful before
gathering the data required otherwise the very essence of the project will get lost in the
midway and the real and correct idea will remain unexposed before the reader.
I took my project in Marketing on Brand awareness of Tata ACE from Cargo Motors Pvt.
Ltd, Jalandhar. I had tried to compile the clear picture regarding the level of brand awareness,
measure to increase and retain the brand awareness, and the advertising and the promotional
tools effective for enhancing the awareness level of the potential customers.
The project has played a significant role in my life in gaining knowledge in marketing field.
ACKNOWLEDGEMENT
This project is a great opportunity to express my heartily thanks to those people who timely
supported me a long way in the completion of project report.
First and foremost, I would like to express my sincere thanks to S. Manmohan Singh,
(Assistant General Manager) and Mr. Surinder Singh Rana (Dealer Sales Manager) of
Cargo Motors Pvt. Ltd. Patel Chowk, Jalandhar for his kind guidance and valuable suggestion
for my project.
I acknowledge gratefully, the assistance and co-operation of the management and employees
of Cargo Motors Pvt. Ltd.
At the same juncture I would like to thank our DEAN MR.SHIV MODGIL for his kind co-
operation and valuable suggestions till the complete this project.
I also thank my Mentor Ms. Sheenu Nayyar the faculty of Marketing Management for
their valuable suggestions and dynamic guidance during the completion of the project.
I also express my sincere thanks and dedicate my work to my Parents & Family Members
who have been always a moral support and strong pillars at all walks of my life and at every
stage with a cheer enthusiasm.
DATE Shivani
DECLARATION
I hereby declare that this project report titled as “Customer perception about the TATA ACE
IN AN AROUND JALANDHAR AND PHAGWARA FROM CARGO MOTORS PVT.
LTD”. It has been prepared by me as part of my academics during the year 1st Jun 2010 to
17st Jul 2010 all working days. For
the partial fulfillment of degree of "Master of Business Administration", under the guidance
and supervision of our DEAN MR SHIV MODGIL
To the best of my knowledge and belief the matter presented in this report has not been
submitted earlier for the award of any degree to any university. This report is prepared by me
on my own efforts.
SHIVANI
TABLE OF CONTENTS
Certificate I
Preface Ii
Acknowledgement Iii
Declaration iv
CHAPTER NO. CHAPTER TITLE PAGE NO.
1 Introduction 1-20
2 Review Of Literature 21-26
3 Need, Scope And Objectives Of The Study 27-28
4 Statement Of The Problem
5 Research Methodology 29-32
6 Data Analysis And Interpretation 33-48
7 Findings Of The Study 49-50
8 Recommendations 51-52
9 Conclusion 53-54
References 55-56
Annexure
(a)Questionnaire 57-59
INTRODUCTION
INTRODUCTIONINTRODUCTION
The project is undertaken to measure the brand awareness level of Tata Winger Platinum in an
around jalandhar and phagwara, measuring the brand awareness level of a particular
company’s brand is of vital importance since it indicates the number of people who are aware
of a particular brand in a given period of time and it also highlights the effectiveness of the
different advertising or promotional tools used for the purpose.
Brand awareness is the consumers’ ability to recognize or recall (identify) the brand within a
given product category in sufficient detail to make a purchase decision. This also means that
the consumers can propose, recommend, choose, or use the brand. The objectives of most
advertising campaign are to create and maintain brand preference. The first step is to make
potential consumers aware of a brands’ existence.
One of the prominent goals of any business should be to build brand image and awareness of
its product, albeit in as cost – effective manner as possible. Consumer tends to make
purchasing decision based on peer recommendation and direct experience, as well
traditional advertising methods.
The project aims towards increasing the brand awareness since its one of the effective tool to
effect the final purchase decision and the volume of sales. I had used the topic to find out or
measure the brand awareness level among the customers and the ways to increase its
awareness.
In this project, I went into a search for details regarding the brand awareness of Tata Winger
Platinum and its acceptance rate and the promotion effectiveness.
The analysis was done with the help of the data collected through questionnaire taking the
sample size of 100 in an around Jalandhar and Phagwara. As the brand awareness is directly
associated with promotion strategy taken by the company its effectiveness is evaluated and the
steps to increase the awareness level of the customers are considered.
Therefore I have used various tools and techniques for the purpose of analysis of the data and
have tried to throw a clear light towards the level of brand awareness of Tata Winger Platinum
and the measures to increase its awareness and to evaluate the best media of communication
for the purpose.
CARGO MOTORS PVT LIMITED
Cargo Motors Pvt Limited, (CMPL) was established by late Shri Y.P. Nanda, founder
Chairman & Managing Director. He started his career in the Automobile Industry around 1948
and in 1959 seeing his enterprising abilities Telco awarded a Dealership to the Company for
Sales and Service of Tata Vehicles, for the remote area of Kutch at Gandhidham in Gujarat
and presently enjoys the honour of one of the prestigious and leading Telco commercial
vehicles and passenger car dealer.
Cargo Motors Pvt Limited, (CMPL) has been associated with Tata Motors for the last fifty
years. We commenced operations selling commercial vehicles in the Kutch region of Gujarat
after our Founding Chairman was awarded the dealership in 1959. Since then we have
expanded our territories into Punjab and Rajasthan and have a state-wide presence in Gujarat.
We are the largest selling dealer for Tata commercial vehicles and have also diversified into
passenger cars and construction equipment.
To support our existing main business of car dealership, Cargo Logistics was set up as a
venture into the car transportation business to maintain our leadership in selling maximum
numbers of Telco cars with focus on enhanced customer service with uninterrupted supply
chain. To leverage on the growing Indian economy and development of infrastructure, Cargo
Motors has added a new wing to its services “Integrated Transportation & Logistics Solution:
to focus on the demands and needs of the customer”. The company is also involved with
Chassis Transportation Ex. Pune & Ex. Tata Nagar. We are authorized transporters for TATA
Motors, Honda , The Vardhman Group, etc.
The New Wing is currently engaged in transportation of automobiles & also providing
complete logistics solutions across India for its prestigious customers. It has always moved
ahead with the paramount objective – to organize and streamline cargo transportation industry
in India. We value our clientele and always aim to provide world-class service and customer
satisfaction.
Cargo Construction Pvt. Ltd. was set up in 2005 and is the division dealing in TELCON
Construction equipment and spares. We are authorized dealers for TELCON’s full range of
products based in Delhi and The NCR.
The Cargo Group has also recently entered into the Hospitality sector in consortium with our
sister concern, Bharat Hotels Pvt. Ltd. We plan on opening a string of Business Hotels in the
major cities of Gujarat and Punjab in the next five years.
Our collective vision at The Cargo Group is to achieve the highest customer satisfaction &
delight.
VISION MISSION
To be a customer-oriented, multi-technology, multi-specialist transport system in Indian and
International markets, with a proven commitment to excellence in every facet of activity, and
the pursuit of value-based policies to satisfy the aspirations of society, customers, vendors,
employees and the entire Automobile and Transport Industry.
QUALITY POLICY
To achieve customer satisfaction by providing reliable cargo transportation services through
human resource development, technological up gradation, adherence to professional ethics and
quality operational systems.
OUR VALUE SYSTEM
To be a learning and growing company.
To be positive for attaining global standard in the quality of services we offer.
To have mutual trust, respect, open communication and transparency of action in all
spheres of activity.
To be a responsible, environment-friendly company and adopt latest technologies
available to reduce our Carbon Footprint.
To be a truly World-Class company.
BOARDS OF DIRECTORS
We are a professionally managed Company, where all the Directors take active part in Day to
Day Business / Operations leading a team of Professional Managers & Personnel, with a view
to achieve the goals and targets set by Principals.
For Cargo Motors Private Limited, future is always not only challanging but also promising
and exciting too. The Company is set to achieve new Horizons in its mission once the strategic
growth plans are put into operation.
The following are the Directors of the Company.
Mrs.Raj KumariNanda,Chairperson & Managing Director.
Mr.Vimal Gujral, Executive Director.
Mrs.Anita Nanda, Director.
Ms.Devki Nanda, Director.
Mr.Pravesh Nanda, Director.
Mr. Aditya Nanda, Executive Director.
Mr.Jayant Nanda, Director.
WHY US
Incorporated in 1959, CARGO MOTORS PRIVATE LIMITED is one of the leading
Dealers for all range of TATA vehicles in the Country with an impressive consistent
performance record for the past several decades. Under the able guidance of Founder-
Chairman Late Shri Y.P.Nanda,
Cargo Motors Private Limited has achieved phenomenal growth in all areas of its operations.
This spirit and dedication is still carried with perseverance. Our presence in Kutch is more
than four dacades old and name of our Company is known in each and every City, Town and
Village of the District.
Cargo Motors is also having the main Dealership of Tata Vehicles at Ahmedabad,
Gandhidham,Baroda and Jamnagar covering the Districts of Ahmedabad, Kutch, Gandhinagar,
Baroda, Panchmahal, Dahod, Sabarkantha, Mehsana, Patan, Banaskantha, and Jamnagar in
the State of Gujarat as well as Sales out-lets at Bhuj, Mehsana, Palanpur, Himatnagar and
Godhra. and are also Dealers for M/s.Tata Motors Limited in the State of Punjab for the
Districts of Jalandhar, Kapurthala, Amritsar, Nawanshahr and Gurdaspur. The Company is
also having Dealership of Honda Motorcycle & Scooters (India) Pvt. Ltd., (HMSI) in
Gandhidham (Gujarat).
Today with a 1765 people strong family, Cargo Motors has become one of the most sought
after Transportation & Logistics companies in India. The fact is well endorsed by the
customers nationally. With a fleet of more than 270 vehicles including trucks, trailers, 32’ft
containers & LCVs and with a network of warehouses in major cities in India, Cargo Motors
offers a truly integrated bouquet of total Logistics Services to its customers. We have our
Construction equipment division dealing in the TELCON construction equipments & spares.
We are also into hospitality industries with our own hotels & resorts.
Cargo Motors has a quality policy in place which ensures that each member of the Cargo
Motor family complies with the set quality norms. All the processes that we undertake have an
internal quality standard. Even our drivers are ensured to be compliant with the norms set
forth for safety, security and quality. The processes are thoroughly monitored and regularly
audited.
NETWORKS
CLIENTS
Cargo Motors Markets & Customers
Cargo Motors has been servicing more than 550 districts out of the total 602 districts in
India.The network is ever growing. Industry segments that Cargo Motors caters to right now
are:
Automobile
Textile & Fashion
Engineering & Manufacturing
Pharmaceuticals & Chemicals
IT Projects
Audio, Video & telecom
Public Sector
Tata Group
Honda Scooters
John Derre
GM
Reliance
Aditiya Birla
Honda Motors
Apollo Tyres
Relience fresh
TATA MOTORS
Tata Motors Limited is India's largest automobile company, with consolidated revenues of Rs.
92,519 crores (USD 20 billion) in 2009-10. It is the leader in commercial vehicles in each
segment, and among the top three in passenger vehicles with winning products in the compact,
midsize car and utility vehicle segments. The company is the world's fourth largest truck
manufacturer, and the world's second largest bus manufacturer. The company's 24,000
employees are guided by the vision to be "best in the manner in which we operate, best in the
products we deliver, and best in our value system and ethics."
Established in 1945, Tata Motors' presence indeed cuts across the length and breadth of India.
Over 5.9 million Tata vehicles ply on Indian roads, since the first rolled out in 1954. The
company's manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune
(Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand) and Dharwad (Karnataka).
Following a strategic alliance with Fiat in 2005, it has set up an industrial joint venture with
Fiat Group Automobiles at Ranjangaon (Maharashtra) to produce both Fiat and Tata cars and
Fiat powertrains. The company is establishing a new plant at Sanand (Gujarat). The company's
dealership, sales, services and spare parts network comprises over 3500 touch points; Tata
Motors also distributes and markets Fiat branded cars in India.
Tata Motors, the first company from India's engineering sector to be listed in the New York
Stock Exchange (September 2004), has also emerged as an international automobile company.
Through subsidiaries and associate companies, Tata Motors has operations in the UK, South
Korea, Thailand and Spain. Among them is Jaguar Land Rover, a business comprising the two
iconic British brands that was acquired in 2008.
In 2004, it acquired the Daewoo Commercial Vehicles Company, South Korea's second
largest truck maker. The rechristened Tata Daewoo Commercial Vehicles Company has
launched several new products in the Korean market, while also exporting these products to
several international markets. Today two-thirds of heavy commercial vehicle exports out of
South Korea are from Tata Daewoo.
In 2005, Tata Motors acquired a 21% stake in Hispano Carrocera, a reputed Spanish bus and
coach manufacturer, and subsequently the remaining stake in 2009. Hispano's presence is
being expanded in other markets. In 2006, Tata Motors formed a joint venture with the Brazil-
based Marcopolo, a global leader in body-building for buses and coaches to manufacture
fully-built buses and coaches for India and select international markets.
In 2006, Tata Motors entered into joint venture with Thonburi Automotive Assembly Plant
Company of Thailand to manufacture and market the company's pickup vehicles in Thailand.
The new plant of Tata Motors (Thailand) has begun production of the Xenon pickup truck,
with the Xenon having been launched in Thailand in 2008. Tata Motors is also expanding its
international footprint, established through exports since 1961. The company's commercial
and passenger vehicles are already being marketed in several countries in Europe, Africa, the
Middle East, South East Asia, South Asia and South America. It has franchisee/joint venture
assembly operations in Kenya, Bangladesh, Ukraine, Russia, Senegal and South Africa.
In May 2009, Tata Motors introduced ushered in a new era in the Indian automobile industry,
in keeping with its pioneering tradition, by unveiling its new range of world standard trucks
called Prima. In their power, speed, carrying capacity, operating economy and trims, they will
introduce new benchmarks in India and match the best in the world in performance at a lower
life-cycle cost. Tata Motors is equally focussed on environment-friendly technologies in
emissions and alternative fuels. . It has developed electric and hybrid vehicles both for
personal and public transportation. It has also been implementing several environment-
friendly technologies in manufacturing processes, significantly enhancing resource
conservation
Through its subsidiaries, the company is engaged in engineering and automotive solutions,
construction equipment manufacturing, automotive vehicle components manufacturing and
supply chain activities, machine tools and factory automation solutions, high-precision tooling
and plastic and electronic components for automotive and computer applications, and
automotive retailing and service operations.
SMALL COMMERCIAL VEHICLES
LOAD VEHICLES
TATA ACE
TATA 207
PASSENGER VEHICLES
TATA Magic
TATA Winger
The Tata Ace is a mini-truck (similar to Japanese Kei truck) launched in May 2005 by Tata Motors in
India. It is in competition with the prevalent three-wheeled goods carriers from Bajaj Auto, Piaggio,
Mahindra and Force Motors.
History
In December 2000 Girish Wagh was given a brief by Ravi Kant to create a new light truck line that would add to Tata's current truck range. It was to be economical and to take on the three wheeled cargo auto rickshaws in the Indian market. Based on this brief Wagh approached users of three wheel cargo rickshaws and got their feed back on Tata's future four wheel cargo vehicle. The feedback indicated the need for a economical vehicle that could take light loads over short distances. Additionally the feedback also revealed that future owners would prefer owning a four wheeler cargo vehicle for the perceived prestige it would offer over a three wheeled vehicle.
Launch and reaction
Tata Motors launched the Ace truck in May 2005 for just above Rs 2 lakhs. The new vehicle was a big hit selling 100,000 in just 20 months. As of May 2010 Ace sold 500,000 in just 5 Years which created history in commercial vehicles Currently this truck is only offered in a single colour, white, to save time in the paint shop. Tata is building a new factory that will be able to turn out 250,000 a year starting this month.
Tata Ace
Manufacturer Tata Motors
Production 2005–present
AssemblyPune, India
Uttarkhand, India
Class mini truck
Body style(s) pickup truck
Engine(s) 0.7 L diesel I2
New segment
Tata Ace has created a new mini segment in India. Priced between 2.25 to 2.35 lakhs INR, the company aims to convert three wheeler users to 4 wheelers. One of the idea that has made the launch of this vehicle might be that the government policy in India not to allow HMVs (that are categorized by vehicles weighing above 3 tonnes) to enter cities after 7 p.m. to reduce traffic jams and pollution. TATA has found the gap in the market and released Ace. The 700 cc engine delivers a power of 16 hp (12 kW) at 3200 rpm and a torque of 3.8 m·kgf (37 N·m at 2000 rpm gives a tough competition to Piaggio's mini truck (3-wheeler). It has a permissible loading capacity of 750 kg (1650 lb). It also has a modern cabin compared to its three wheeler rivals. It is best suited for use by villagers in carrying goods over short distances. The project was headed and executed by Girish Wagh.
Manufacturing locations
The mini truck is now produced at the facility in Pantnagar, Uttarkhand although it was initially manufactured at Pune. The Tata Ace succeeded in creating an entirely new segment that competitors are known to be working on different models to compete against the Tata Ace.
A new higher variant Ace II has also hit the roads.
TATA has announced that their Mini Truck “Ace” has crossed the 1lakh units Sales in the Domestic Market in a Single Year 2009-10, selling 4 different variants.It is claimed that they are the first Commercial Vehicle to achieve this target in a Single Year.
“In 2009-10, the sales of the TATA Ace crossed the one lakh mark to reach 1,10,032 units. It has thus become India’s only goods commercial vehicle to achieve the milestone,” Tata Motors said in a statement.
The TATA Ace was launched in the Year 2005.
It recorded about 30,000 units sale in the year 2005-06, Sales increased drastically to more than double to about 70,000 units Sale in 2006-07,
Sales in 2007-08 was about 89,000 Units Sale,
A Slight decrease during 2008-09 to about 81,000 units.
And now at cool 1lakh plus units for the Year 2009-10.
TATA also exports to neighboring countries such as Nepal and Sri Lanka.
On parallel lines to Ace was created the TATA Magic in the year 2007.This has recorded a Sales of about 49,000 units during 2009-10 which was about 71% increase comparing to the previous year.
They have reported a Total sales of both Ace and Magic to be at 1,50,000 Units during 2009-10.
“The Tata Magic too is recording strong adoption in semi-urban and rural areas, and in 2009-10 its sales have touched close to 49,000 units, a growth of 71 per cent over the previous year,” the statement said.
VERSATILITY
The ACE can be conveniently used in cities as well as in rural areas. 12” tyres for the first time in its class give higher ground clearance and higher loading capacity – resulting in better performance on and off the road. The truck-like strength of the front and rear leaf spring suspensions coupled with the shock absorbers provide a smooth ride and great driving comfort. The rigid front axle is designed specially to weather Indian conditions. With a small turning circle of 8.6m, the ACE can be safely and easily navigated, both in narrow village streets and in dense city traffic.
SAVINGS
The performance of the engine as well as the comfortable conditions for the driver allow the ACE to travel over 500 kms in a day. Low operating costs and the versatility offered through features like its flat, large loading area and small turning radius, give a fantastic opportunity to earn higher business revenue and higher profits, everyday. All this with big Tata reliability make the ACE the best business partner for one and all.
STYLE
Car-like interiors and numerous accessories allow you to ride in style
Engine start and stop with key
Styled dashboard with tray, digital clock, radio fitment provision, utility tray and clearly visible instrument cluster
Lockable glove-box for keeping valuable documents
Easily accessible hazard warning switch for emergency
Horn pad on steering wheel
Twin wiper for safe driving in rain
A spare wheel attached to the lockable swing frame at the rear
PERFORMANCE
The 700cc engine delivers a power of 16 HP @ 3200 rpm and a torque of 3.8 mkg @ 2000 rpm. It is also eco-friendly and meets BS II and BS III standards. The water-cooled, twin -cylinder IDI engine has an overhead cam shaft, temperature sensitive cooling-system and rotary fuel injection pump, which together give high fuel efficiency and low-maintenance operation. This also translates to longer life and lesser downtime. With the lowest loading height of 675 mm, heavy loads can be conveniently placed in the load body. The 4-forward synchromesh +1 reverse gear box gives smooth gear shifting.
COMFORT
Several big and small features have been added to ensure comfort for the occupants, even on long rides. The fully-built sheet metal cab with doors, roof lining, floor mat for hear insulation and trims protect the occupants from rain, heat and cold. The ventillation ducts, winding door glass and rear windows ensure good ventilation and continuous air flow at leg and face level. Seats with soft cushion and back support ensure complete driving comfort.
Other Features:
- Sun visor for protection from direct glare
- Car like combi-switch with rotary switches for lamp and wiper control
- Control pedals, gear shift and parking brake ergonomically positioned for maximum comfort and easy access
- Higher door opening angle and low floor height for easy boarding
SAFETY
Designed and manufactured using high strength steel, the ACE meets all Indian safety norms - a novel feature in this class of vehicles. The ACE meets norms for frontal crash, roof crush, and rear wall strength - assuring the utmost safety of the driver and the co-driver. Seat belts are also provided for both occupants.
High braking performance is given through front disc brakes and rear drum brakes. Driving visibility is excellent through the large windscreen, window glasses, large overhead rear-view mirror and the large rear window. Large-sized, round headlamps with bright halogen bulbs provide excellent lighting for night driving. Reversing is made easy and safer with the help of a 2-box tail lamp with in-built reflector and the bright reverse lamp at the rear.
TATA ACE Bharat Stage II and III
ENGINE
Model : TATA 275 IDI NA BS-II (and BS-III)
Type : 4-stroke, naturally aspirated, indirect injection diesel engine
Max. Output : 16 hp @ 3200 rpm
Max. Torque : 3.8 mkg @ 2000 rpm
Displacement : 700 cc
Special Items : catalytic converter (only in BS III)
CLUTCH : Single plate dry friction diaphragm type
GEAR BOX : GBS 65-4/5.27
Type : Synchromesh (4 forward gears), Sliding mesh (reverse gear)
STEERING : Mechanical, variable ratio (20.5 to 24.5), 380 mm dia
BRAKES
Type : Dual circuit hydraulically activated
Front : Disc brakes
Rear : Drum brakes (200 mm dia x 30 mm)
Parking Brake : Cable operated mechanical linkages acting on rear wheels
SUSPENSION
Type : Parabolic leaf spring suspension at both front and rear
Shock absorber : Hydraulic double-acting telescopic type both at front and rear
WHEELS AND TYRES
Tyres 145R12 LT 8PR RADIAL
FUEL TANK Capacity 30 liters
PERFORMANCE
Max. Speed : 64 kmph
Max. Gradeability : 16%
Grade restartability
: 15%
LOAD BODY
Type : Pickup type. Hinged rear tail gate
Loading height : 675 mm
Load Body (external)
: Length � 2200 mm
: Width � 1500 mm
: Height � 300 mm
DIMENSIONS All in mm
Overall Length (A)
: 3800
Width : 1500
Wheel base (D) : 2100
Overall height © : 1820
Track Front (E) : 1300
Track Rear (F) : 1320
Min Turning Circle Dia
: 8.6 m
WEIGHTS
Max. GVW : 1550 kg
Kerb weight : 805 kg
: Driver + 1
Brings distances closer. Takes your business further.
Be it a relaxing trip with the family to tourist destinations, airport transfers or transport of delegates to corporate conferences, the Winger Maxi Van makes a perfect choice.
This spacious van not only provides a smooth ride, but also helps passengers arrive at their destination feeling fresh and relaxed
»
Winger
Power : 90 HP @ 4300 rpm
Available in Right Hand Drive
Driveline – Engine
Model TATA 483 DL TCIC
TypeWater-cooled, indirect injection, diesel engine with crankcase breather & oil separator with relief valve
Max Engine Output 90 HP @ 4300 rpm
Max Torque 190 Nm at 2000 - 3000 rpm
Capacity 1948 cc
Emission Norms Euro III
Gearbox
Model Tata Minibus Gearbox. Synchromesh on all gears
No of Gears 5 Forward 1 Reverse
Suspension
TypeFront : Mc-pherson with strutRear: Parabolic leaf springs
Shock Absorber Hydraulic at front and rear
Frame
Monocoque structure
Brakes
Service BrakeVacuum assisted independent hydraulic brakes on front and rear through tandem master cylinder
Clutch
Type Single plate dry friction diaphragm type
207 DI EX
Designed for urban and rural use, the The 207 DI
EX allows easy and extra loading, and offers
better stability and handling to the customer.
Built to last, the new TATA 207 DI EX offers
higher fuel efficiency, rugged stronger
suspension, larger clutch, and better
maneuverability along with power steering for a
better ride. In all the TATA 207 DI EX is packed
with high safety and handling characteristics.
The Extra Edge in your business
» Click on the "Details" for more information
207 DI EX
Power : 63 HP @ 2800 rpm
Drive : Available in Right Hand Drive and Left Hand
Drive
Available in single and crew cab version
Driveline - Engine
Model TATA 497 SP 27
Type Water-cooled, Direct Injection, Diesel
Max Engine Output 63 HP @ 2800 rpm
Max Torque 180 Nm at 1500-2000 rpm
Capacity 2956 cc
Emission Norms Euro II / Euro III
Gearbox
Model GBS-76-5/4.1 with Overdrive Synchromesh on all gears
No of Gears 5 Forward 1 Reverse
Suspension
TypeFront : Double wishbone type with coil springs Rear: Semi elliptical leaf springs
Shock Absorber Hydraulic double acting telescopic type at front and rear
Frame
Ladder type cranked Frame with boxed section long members & welded cross members. Depth : 110 mm (max) width : 60 mm. Tow hooks at front and rear.
Brakes
Service BrakeVacuum assisted independent Hydraulic Brakes on Front and Rear through Tandem Master Cylinder.
Clutch
Type Single plate dry friction diaphragm type
Telcoline Petrol
Power : 135 HP @ 5630 rpm
Available in Left Hand Drive
Specification | Product shot
Driveline – Engine
Model TATA 486 PL 07
Type Water-cooled, gasoline multi point sequential fuel injection . 4 Valves / Cylinder
Max Engine Output 135 HP @ 5630 rpm
Max Torque 195 Nm at 3750
Capacity 2092 cc
Emission Norms Euro II
Gearbox
Model G-76 - 5/4.1 with Overdrive Synchromesh on All Gears
No of Gears 5 Forward 1 Reverse
Suspension
TypeFront : Double wishbone type with Torsion bar Rear: Semi Elliptical leaf springs
Shock Absorber Hydraulic double acting telescopic type
Frame
Ladder type cranked frame with boxed section long members & welded cross members. Depth : 110mm (max.) width : 60 mm (max.)
Brakes
Service BrakeVacuum Assisted Independent Hydraulic Brakes on Front and Rear Wheels Through Tandem Master Cylinder & Tandem Booster.
Clutch
Type Single Plate Dry Friction Diaphragm Type
TATA ACE SWOT ANALYSISTATA ACE SWOT ANALYSIS
TATA ACE SWOT ANALYSIS
Tata Motors Limited, formerly known as TELCO (TATA Engineering and
Locomotive Company), is India's largest passenger automobile and commercial
vehicle manufacturing company. It is also the world's 5th largest commercial vehicle
manufacturer.
Strengths
Tata Motors is the largest truck manufacturer and second largest passenger vehicle
manufacturer of India. In addition, the company is the fifth largest truck manufacturer
in the world. Tata Motors produces a diversified range of vehicles catering to a wide
range of customers and is witnessing a constant growth in its sales.
Weaknesses
While many of its competitors have aggressively expanded into overseas markets,
Tata Motors has ventured into foreign countries only in the recent past. In addition,
the company is dependent on the Indian market, as nearly 83% of its sales were
generated from India in FY 2005/06.
Opportunities
In July 2006, Tata Motors made an industrial partnership agreement with fiat to share
the Indian facilities to manufacture vehicles, engines and transmissions for both
Indian as well as overseas markets. In August 2006, Tata Motors announced that the
company would venture into the Russian market by introducing commercial vehicles
and buses. Two months later, Tata Motors announced the launch of its passenger
vehicles in Ghana,
Threats
As Tata is a late entrant to the global market, stiff competition might put pressure on
the company's expansion plans. In addition, the foray of top global manufacturers into India
and other neighbouring countries has increased competitive pressures. Other factors
such as rising fuel and raw material costs, stringent emission norms and the related of
compliance can affect the company's performance, going forward.
SALES PROMOTION
Meaning of Sales promotion: An activity designed to boost the sales of products or service. It
may include an advertising campaign, increased public relation activity, a free-sample
campaign, offering free gifts or trading stamps, arranging demonstrations or exhibitions,
setting up competitions with attractive prizes, temporary price reductions, door-to-door calling
telemarketing, personal letters on the methods.
Categories of the sales promotion: The most common sales promotion strategies are to target
the audience of promotion such as consumer, trade and sales force.
Consumer Promotion
Trade promotion.
TATA WINGER
Whatever your need is, you can be sure of a first class performance from Winger Maxi Van - a
multi utility vehicle. International in looks yet 100% indigenous, this 9-13 seater passenger
vehicle offers the comfort of a car and the spaciousness of a bus. Moreover, the monocoque
construction ensures low levels of noise, vibration and harshness (NVH) just like cars. Above
all, as a diesel vehicle, Winger is in a class of its own because of its unmatched combination
of the following:
Innovative design
Abundant space
Dual AC
Low Maintenance
COMPETITORS OF TATA WINGER
Internal Competitor
TATA Sumo Grande
External Competitors
Toyota Innova
Chevrolet Tavera
Mahindra Xylo
Tempo Traveller
VARIANTS
TATA WINGER has many variants in the market like:
Standard: You can choose to carry 9, 12 or 13 passengers between cities, small towns
and villages.
Deluxe: A world of space and comfort is what makes the Winger Deluxe stand out.
Making it the ideal vehicle for travel by corporate and BPO employees, in metros and
cities. The Winger Deluxe offers 2 convenient options. You can choose from an AC
Flat Roof with Dual AC or a Non-AC High Roof version. It can carry 12 or 13
passengers, according to your preference.
Luxury: The Luxury version comes with a Dual AC for maximum cooling. It has 9
reclining buckets seats with individual arm rest and head rest. This configuration
ensures ample leg room and enough luggage space.
School Van: A comfortable ride for the little ones! The Winger School Van is here, to
make every ride smooth and enjoyable. A product of Tata Motors, India's largest
integrated automobile manufacturing company, Winger School Van is the perfect
choice for transporting your students to school and back home.
Ambulance: New Winger Ambulance from Tata Motors is a single stretcher
ambulance that offers extra safety, a smooth drive, and a 'within budget' price. It gives
you the freedom to redesign the interiors, for your own Hospital-on-Wheels. And it
comes in two variants - Flat Roof and High Roof.
Cargo: India’s first Delivery Van with Power Steering is here…to move your goods
smoothly.
Platinum: The Tata Winger Platinum is a luxurious 7 seater, designed to provide an
enhanced on-road experience with a perfect blend of comfort and space.
REVIEW OF LITERATURE
REVIEW OF LITERATURE
REVIEW OF LITERATURE
A literature review is a body of text that aims to review the critical points of
current knowledge on a particular topic. Literature reviews are secondary sources, and as such,
do not report any new or original experimental work. Reviews covering some of the areas
related to Brand Awareness Level Of Tata Winger Platinum are mentioned below:
Stephen W. McDaniel (1981) mentioned and concluded that the most significant and yet
seemingly ignored topics in the field of consumer behavior-consumer knowledge. In order to
aid the consumer behavior instructor, this concept is explored from the standpoint of how
knowledge is interwoven with many commonly used terms and theories in consumer behavior.
The synonymous use of knowledge with these other topics can be somewhat confusing to
students and teachers alike. Having an understanding of this situation minimizes the difficulty
of handling this topic in the classroom.
David E. Hansen (2003) mentioned and concluded that inspired by the observation that most
introductory marketing texts seem to contain an ever-growing list of facts and concepts, this
article describes a method that helps students develop a set of study skills that will improve
their learning and comprehension, as well as their grades. The method presented here is related
to traditional outlining, and it takes advantage of well-known findings in memory research to
sharpen students’study skills. By helping students develop a study routine based on rehearsal,
chunking, and elaboration of course material, both memory and comprehension are improved.
In two exploratory studies, students using the proposed method received higher test scores than
those using a more conventional approach. This method is recommended for students who
may not already have developed sound study skills or for those who may want to improve their
knowledge of the subject as well as their grades.
C. Robert Clark (2007) mentioned and concluded that We investigate the dominant role of
advertising - whether it provides information or changes consumers' brand perceptions - for a
wide range of product categories. For the empirical analysis, we assembled a panel data set
that combines annual brand-level advertising expenditures for over three hundred brands with
measures of brand awareness and perceived quality from a large-scale consumer survey.
Advertising is modeled as a dynamic investment in a brand's stocks of awareness and
perceived quality and we ask how such an investment changes brand awareness and quality
perceptions. Our panel data allow us to control for unobserved heterogeneity across brands
and to identify the effect of advertising from the time-series variation within brands. They also
allow us to account for the endogeneity of advertising through recently developed dynamic
panel data estimation techniques. We find that advertising has consistently a significant
positive effect on brand awareness but no significant effect on perceived quality.
Prasad A. Naik (2008) mentioned and concluded that Companies spend hundreds of millions
of dollars annually on advertising to build and maintain awareness for their brands in
competitive markets. However, awareness formation models in the marketing literature ignore
the role of competition. Consequently, we lack both the empirical knowledge and normative
understanding of building brand awareness in dynamic oligopoly markets. To address this gap,
we propose an N-brand awareness formation model, design an extended Kalman filter to
estimate the proposed model using market data for five car brands over time, and derive the
optimal closed-loop Nash equilibrium strategies for every brand. The empirical results furnish
strong support for the proposed model in terms of both goodness-of-fit in the estimation
sample and cross-validation in the out-of-sample data. In addition, the estimation method
offers managers a systematic way to estimate ad effectiveness and brands as well as
competitors' brands. Finally, the normative analysis reveals an inverse allocation principle that
suggests - contrary to the proportional-to-sales or competitive parity heuristics - that large
(small) brands should invest in advertising proportionally less (more) than small (large)
brands.
Michaela Draganska (2008) mentioned and concluded that combines annual brand-level
advertising expenditures for over three hundred brands with measures of brand awareness and
perceived quality from a large-scale consumer survey to study the effect of advertising.
Advertising is modeled as a dynamic investment in a brand's stocks of awareness and
perceived quality and we ask how such an investment changes brand awareness and quality
perceptions. Our panel data allow us to control for unobserved heterogeneity across brands
and to identify the effect of advertising from the time-series variation within brands. They also
allow us to account for the endogeneity of advertising through recently developed dynamic
panel data estimation techniques. We find that advertising has consistently a significant
positive effect on brand awareness but no significant effect on perceived quality.
L. M. Kathuria (2009) mentioned and concluded that Branding is one of the most important
factors influencing a product’s success or failure in the market and it can have a significant
influence on the perception of the general public towards the company owning the brand.
Brand loyalty not only represents the brand of the company but also the company itself. This
study has been conducted to know the brand awareness and brand loyalty of consumers
towards hair shampoos. The study highlights that the major sources of awareness for hair
shampoos are television advertisements, and friends and relatives. The study further highlights
that the important factors influencing brand loyalty towards hair shampoos are product quality
(dandruff removal, shine and silkiness, and ingredients), availability of the preferred brand and
brand image.
CHAPTER 3
NEED, SCOPE AND OBJECTIVES OF THE STUDY
CHAPTER 3
NEED, SCOPE AND OBJECTIVES OF THE STUDY
NEED, SCOPE AND OBJECTIVES OF THE STUDY
NEED OF THE STUDY
Today costumers are facing a growing range of choice in the different brands of products and
services. They are making their choice on the basis of their perceptions of brand, quality
service and value. The company has to adopt strategies to keep brand in consumer’s memory.
Strong brand awareness means easy acceptance of new products. Brand awareness is asset
which brand managers create and enhance to build brand equity. It is related to the nature and
features of product. Creating brand awareness with the use of advertising, promotion event
management etc. a different brand has different kind of awareness which retains recognition.
Brand awareness satisfies a need of the consumer. In today’s competitive business scenario
where every companies product is competing with each other retaining loyal customer is an
essence for which increasing the level of brand awareness is very vital.
SCOPE OF THE STUDY.
The scope of this study was limited to Jalandhar and Phagwara only and was conducted in
2010.
OBJECTIVE OF THE STUDY
The study has been conducted with the following objectives in mind:-
To judge the awareness level of the prospect customer.
To know how they are aware regarding the product.
To judge in which way they have developed the awareness.
To judge which promotional tool is effective to increase the awareness level among the
people.
To see whether brand awareness influences the buying behaviors or not.
What factors and variables of brand influence them to purchase.
To know how to maintain and improve brand awareness and to build brand loyalty.
STATEMENT OF THE PROBLEM
In the emerging knowledge based economy it has become necessary to know how much
market power lies with the brand name. The study of brand awareness is essential in
marketing planning. Customer needs and preferences keep changing where brands ultimately
command customer’s loyalty. The realistic side of the problem is to know the acceptance level
of the brand awareness towards the product. This study will help us to understand the brand
awareness and what problems are being faced by the consumers, to which appropriate
measures to be taken to solve the problems. This project has mainly been taken up to
understand the brand awareness, buying motives to ensure the “Brand awareness towards Tata
Winger Platinum” apart from this; it is to understand the new opportunities in the market for
the improvement of brand awareness and sales towards the products.
CHAPTER 4
RESEARCH
METHODOLOGY
RESEARCH METHODOLOGY
The study is conducted empirically using both primary and secondary data. Primary data was
collected with the help of well structured questionnaire. Around 100 potential customers were
surveyed to understand the brand awareness level of Tata Winger Platinum. All the persons
interviewed were in the age group above 25 years. It has been deliberately decoded to conduct
the survey among this age group because they are the people who are generally looking ahead
for the purchase of a four-wheeler. Many of these persons interested are either businessmen
or professionals; few of them are corporate managers also. The secondary data is collected
from Tata’s And Cargo Motors website and by going through their corporate records;
brochures and annual reports of the company along with their newsletters were used to
substantiate the information. The details about the four-wheeler market are collected from a
few specialized magazines like Auto India etc. to get information regarding the organization
and products.
RESEARCH DESIGN
Conclusion Oriented Research:-Research designed to assist the decision maker in the
situation. In other words it is a research when we give our own views about the
research.
Descriptive Research:-A type of conclusive research which has as its major objective
the description of something-usually market characteristics or functions. In other
words descriptive research is a research where in researcher has no control over
variable. He just presents the picture which has already studied.
SAMPLE DESIGN
Sampling can be defined as the section of some part of an aggregate or totality on the basis of
which judgment or an inference about aggregate or totality is made. The sampling design
helps in decision making in the following areas:-
Universe of the Study-The universe comprises of two parts as theoretical universe and
accessible universe
Theoretical Universe- It includes all the people throughout the universe.
Accessible Universe- It includes all the people in India.
Sample Frame-Sample frame refers from where the questionnaires are to be filled.
Our sample frame consists of family, friends and classmates.
Sample unit- Sampling unit is the basic unit containing the elements of the universe to
be sampled. The sampling unit of our study is all age group.
Sample size- Sample size is the number of elements to be included in a study. Keeping
in mind all the constraints 100 respondents was selected.
Sampling Techniques- The sampling techniques used are convience technique and
simple random sampling technique.
DATA COLLECTION AND ANALYSIS
Methods of Data Collection- Research work is exploratory in nature. Information has been
collected from both Primary and Secondary data.
Secondary sources- Secondary data are those which have already been collected by
someone else which already had been passed through the statistical process. Secondary
data has been collected through magazines, websites, newspapers and journals.
Primary sources- Primary data has been collected through questionnaires. The
questionnaire was mostly related to the brand awareness towards Tata Winger Platinum
on different feature such as the model, price, effectiveness of the brand etc.
Tools of Analysis and Presentation:-
To analyze the data obtained with the help of questionnaire, following tools were used.
Likert Scale: These consist of a number of statements which express either a
favorable or unfavorable attitude towards the given object to which the respondents are
asked to react. The respondent responds to in terms of several degrees of satisfaction or
dissatisfaction.
Weighted Average Score: This tool is used to calculate highest and lowest rank.
Tables: This is a tool to present the data in tabular form.
Percentage and Pie Charts: These tools were used for analysis of data.
LIMITATIONS OF THE STUDY
The limitations of the study are as follows:
Due to shortage of time available at disposal, we were not able to collect as much
information as needed for the study.
There may be untrue information provided by the respondents for the study.
Biasness in the responses of respondents may be there.
The sample may not be a true representative, as due to location factor, the respondents
may not be representative of the whole universe.
CHAPTER 5
DATA ANALYSIS AND
INTERPRETATION
CHAPTER 5
DATA ANALYSIS AND
INTERPRETATION
DATA ANALYSIS AND INTERPRETATION
Demographics
The Figure1 shows that the respondents are divided in age group of 18-25, 26-35, 36-45 and
above 46. The maximum number of respondents are from the age group of 26-35 ie 37
respondents.
The figure 2 shows the occupation of the respondents; we can see that maximum number of
respondents is self employed.
Questions
Q. Have you heard about Tata ACE?
Figure 1
The figure3 shows that 92% of the respondents are aware about the presence of Tata ace in
market.
Q Where have you heard about it?
Figure 2
In above figure we can observe that Television is a largest source of information for the
customer for this brand.
Q Why do you want to purchase this brand?
Figure 3
In the pie chart we can see that 52% of the buyers buy this product due to its mileage, price is
the second factor and in context of luxury it has very low performance in survey.
Q If you were to buy a new vehicle which means of finance would you prefer?
Figure 4
The chart shows that the maximum of respondents use bank loan as the mean of finance to buy the
TATA Ace.
Q. What was that single most important reason for initially buying the vehicle of this brand from this
dealer?
Figure 5
We can see that people prefer this dealer due to its after sale services and it is recommend by others,
location and advertise are also effective to some extent.
RECOMMENDATIONS OF THE STUDY
Recommendations are done on the basis of finding and analysis of data collected through
questionnaire:-
In order to promote sale in highly competitive auto market attractive schemes such as
cash discount, complementary gift, lucky draws, etc. can be given to the customers.
Customers should be contacted at a regular interval through phone calls and free
servicing of the cars to ask them if they are facing any problems with the car as
because post sale with the customers may be very important to maintain customer’s
satisfaction.
Advertising plays a very important role n increasing the awareness and in reminding
the customer about the products and services offered by Tata Winger platinum. Hence
advertisement about the firm and its products and services must be aired on local T.V
channels as well as in newspapers and magazines.
Since the people tends to forget the advertising of a particular product a reminder
message has to be enforced in a regular interval and in a proper media which would
reach a large number of potential customers.
As from the inference we can see that the most important criteria for selection of the
car is its performance which includes price, mileage, speed, braking efficiency,
maintenance, etc. There would be definite increase in the sale of the car if this point
would be looked into and improved.
CONCLUSION OF THE STUDY
Accomplishing this project on brand awareness was an excellent and knowledge gaining
experience for me. Despite small sample size for questionnaire this project helped me to know
the view of customer and common people towards the brand awareness of Tata Winger
Platinum. Brands are now a central feature of consumer marketing, they are important in
building long-term relationships with the consumer, irrespective of the type of market. Their
importance is now also being recognized in other markets including service and industrial.
Investing in a brand builds consumer confidence and loyalty and allows for brand stretching. It
requires a consistent and long-term strategy. Only a few brands have emerged as truly global.
In conclusion I would say that the brand (TATA WINGER PLATINUM) is quite known to
peoples. Tata Winger Platinum has built its brand awareness among a relatively large number
of people in an around Jalandhar and Phagwara. The customers are aware largely of the
product with the help of Television and Hoardings and the product still has a way to increase
its advertising channels to reach the relatively large number of people. The products
advertising in the hill stations around Jalandhar and Phagwara is relatively less and also its
awareness. At last I would like to thank my project co-ordinator “S. Manmohan Singh
(AGM)” and “Surinder Singh Rana (DSM)” or their guidance and support. I would also like to
thank all the people who have been so co-operative through out the survey.
REFERENCES
C. Robert Clark, Ulrich Doraszelski, Michaela Draganska (2007), Information or Persuasion?
An Empirical Investigation of the Effect of Advertising on Brand Awareness and Perceived
Quality Using Panel Data, Stanford University Graduate School of Business Research Paper
No. 1971, also available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1007571
David E. Hansen (2003), Using the Voeks Method to Improve Student Learning in Principles
of Marketing Classes, Journal of Marketing Education, Vol. 25, No. 2, 108-117 (2003)
DOI: 10.1177/0273475303254002, also available at http://jmd.sagepub. Com / cgi / content /
abstract/25/2/108
James U. McNeal, Stephen W. McDaniel (1981), The Role of Consumer Knowledge in the
Study of Consumer Behavior, Journal of Marketing Education, Vol. 3, No. 1, 37-41 (1981)
DOI: 10.1177/027347538100300111, also available at http://jmd.sagepub.com /cgi/ content/
abstract/3/1/37
L. M. Kathuria, Bhupinder Jit (2009), An Empirical Study on Brand Awareness and the
Factors Influencing Brand Loyalty Towards Hair Shampoos, The IUP Journal of Brand
Management, Vol. VI, Nos. 3 & 4, pp. 122-133, September & December 2009, also available
at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1531572
Michaela Draganska, C. Robert Clark , Ulrich Doraszelski (2008), Can't Buy Me Love:
Investigating the Effect of Advertising on Brand Awareness and Perceived Quality Using
Panel Data, Stanford University Graduate School of Business Research Paper No. 1971R, also
available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1285722
Prasad A. Naik, Ashutosh Prasad, Suresh Sethi (2008), Building Brand Awareness in
Dynamic Oligopoly Markets, Management Science, Vol. 54, No. 1, pp. 129-138, January
2008, also available at Management Science, Vol. 54, No. 1, pp. 129-138, January 2008
Annexure-1
Questionnaire
CONSUMERS PERCEPTION TOWARDS TATA ACE
I Shivani Dadwal student of MBA Ist year of Satyam Institute of Management and technology
conducting a survey on “CONSUMERS PERCEPTION TOWARDS TATA ACE” as a
part of my curriculum. You are requested to fill this questionnaire. I ensure you that the
information would be kept confidential.
DEMOGRAPHIC PROFILE:
Name: …………………………………………………………….
Age
18-25
26-35
36-45
Above 46
Gender:
Male Female
Contact No: ………………………………………………………..
Occupation:
Employee Self Employed Other
QUESTIONS:
Q1.Have you heard about Tata ACE?
YES NO
Q2. Where have you heard about it?
A. Television C. Hoardings E. Newspaper
B. Internet D. Friends F. Other
Q3. How often have you heard or seen it?
Many times Sometimes Never
Q4. Why do you want to purchase this brand?
A. Mileage C. Price E. Safety Feature
B. Comfort D. Luxuries F. Other
Q5. If you were to buy a new vehicle which means of finance would you prefer?
A. Bank Loan C. Cash Payment
B. Employee Loan D. Car Loan
Q6. Please rank the features priority while making buying decision for a four wheeler
(1 for most preferred and 6 for least preference)
A. Look C. Maintenance E. Price
B. Safety Features D. Mileage F. Comfort
Q7. Which of the following facilities/services do you expect from dealer?
A. Informative Salesman C. Discount E. Quick Service
B. Finance Facility D. Accessories F. Spares Part
Q8. What are the attributes of Tata ACE?
Please Rank 5-Very Low, 4-Low, 3-Medium, 2-High, 1-Very High
ATTRIBUTES DEGREE OF IMPORTANCE
Prices
Style
Maintenance
Fuel Efficiency
Comfort
Safety
Q9. Why did you prefer Tata ACE?
A. Need C. Comfort
B. Status D. Business
Q10. What was that single most important reason for initially buying the vehicle of this brand from this
dealer?
A. Advertisements C. Recommended by others
B. Location D. After sale service
BIBLIOGRAPHY
www.automobiles.com/page_a.asp
www.google.com
www.indiamotors.com/000009.html
www.indiamodels.org/india/lightweight.htm