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A Project Report On “Comparative Sales Analysis Between Mahindra & Mahindra and Swaraj private Ltd. In Nagpur district” Submitted to RASHTRASANT TUKDOJI MAHARAJ NAGPUR UNIVERSITY In the partial fulfillment of Master in Business Administration Submitted by Amol D. Bondre (MBA III SEM) (2009-2011) Under the guidance of

Mahindra & Mahindra

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Page 1: Mahindra & Mahindra

A Project ReportOn

“Comparative Sales Analysis Between Mahindra & Mahindra and Swaraj private Ltd.In

Nagpur district”

Submitted toRASHTRASANT TUKDOJI MAHARAJ

NAGPUR UNIVERSITY

In the partial fulfillment ofMaster in Business Administration

Submitted byAmol D. Bondre

(MBA III SEM) (2009-2011)

Under the guidance of

DEPARTMENT OF MANAGEMENT STUDIES

K.D.K.C.E., Nagpur(2009-2011)

Page 2: Mahindra & Mahindra

A Project ReportOn

“Comparative Sales Analysis Between Mahindra & Mahindra and Swaraj private Ltd. In Nagpur district”

Submitted toRASHTRASANT TUKDOJI MAHARAJ

NAGPUR UNIVERSITY

In the partial fulfillment ofMaster in Business Administration

Submitted by Amol D. Bondre (MBA III SEM)

(2009-2011)

Guided by

Co-Guided by Prof. Divya Kanoria

DEPARTMENT OF MANAGEMENT STUDIES

Page 3: Mahindra & Mahindra

K.D.K.C.E., Nagpur(2009-2011)

Page 4: Mahindra & Mahindra

CONTENTS

1. Objective Of The Project

2. Company profile

3. Executive Summary Of The Project

4. Research Methodology

5. Analysis & Interpretation Of Data

6. Conclusion

7. Suggestion

8. Bibliography

Page 5: Mahindra & Mahindra

Objective

Of The Project

Page 6: Mahindra & Mahindra

Objective Of The Project

The main objective of the project is To carry out Conquest analysis i.e. Victory Analysis of M & M Tractors in Nagpur District

The other Objective of the project are as follows1. To know about the preferences of customers while buying a

tractor.

2. To know awareness of customers about other tractors & models.

3. To know the Information Sources Preferred by customers before buying tractors.

4. To know the persons who influences the final buying decision of customer & to know Performance parameters taken into consideration by customers before buying tractor.

5. To Know Likes & Dislikes of customers & to know the reasons due to which Swaraj customers did not buy M & M tractor.

6. To know the Sources of Finance used by Tractor owners.

7. To know second choice of customers while purchasingtractor.

8. To know crops grown, Land owned, Habits of tractor owner.

9. Use of tractor.

Page 7: Mahindra & Mahindra

Company profile

Page 8: Mahindra & Mahindra

Mahindra & Mahindra Company Profile

Mahindra & Mahindra Limited, the flag-ship company of India's Automobile

giant the Mahindra Group, was founded by two enterprising brothers K.C, Mahindra

& J.C. Mahindra in 1945 just at the dawn of India's Independence with a vision to

manufacture and market Jeeps.

Today, Mahindra & Mahindra is one of the top ten private sector companies

in India. The core business of the group of producing Utility Vehicles, Light

Commercial Vehicles and Tractors has grown by leaps and bounds over these

years.

Mahindra & Mahindra Ltd., manufacturing facilities together cover an area of

over 5,00,000 sq. meters employing over 17,000 technical and non-technical

personnel. It can boast of having 8 state-of-the-art factories. One of the most

progressive and dynamic divisions of Mahindra & Mahindra Ltd., is the Farm

Equipment Sector (Tractor Division) which was started way back in 1963.

The late 1960's witnessed the beginning of a new revolution in India. The

Green Revolution".

Mahindra & Mahindra took the lead and responded by launching their new "INTERNATIONAL" range of modem high performance tractors. In technical

Collaboration with the international Harvester Co. Ltd.,U.K., it set up international

Tractor Co. of India Ltd. (LT.C.I) in 1963. The initial annual production was 3500

tractors , which gradually rose to 16,000 Tractors, in 1978. I.T.C.I merged with the

parent company to be rechristened as Mahindra & Mahindra Ltd. Tractor Division,

which now has a capacity of producing over 80,000 tractors The Farm Equipment

Sector has manufacturing facilities at four locations i.e.

Kandivil - A western suburb of Mumbai in the State of Maharashtra

Nagpur, - The Orange City of Maharashtra

Rudrapur - In Uttaranchal

Jaipur In Rajasthan

Page 9: Mahindra & Mahindra

Market Position:

Mahindra & Mahindra Ltd., is the market leader consecutively for 22 years in

the Indian Tractor industry, since 1983, with a market share of 31%. The Company

has already produced and sold over 10,00,000 Tractors.

M& M has 4 factories, 27 Area Offices, 500 Dealers, & 78 Stockiest in India. In

Maharashtra it has 32 Dealers & 11 Stockiest .

In addition to capturing the domestic market, M&M has also made significant

progress in the intensely competitive overseas market. The company has already

exported over 8500 Tractors to African Countries viz.

Zimbabwe,Zambia,

Malaysia,NewZealand ,Australia,Thyland,Turkey,Ghan

a ,Syria,Iran,Sudan,Chile,Mexico,Guyana,Uganda,Kongo,South Africa &

neighboring Countries Nepal, Srilanka, Bangladesh ,China etc.

M&M has also achieved a major break through in the U.S. Market.' The

company has already exported over 6500 Tractors and have established a new

subsidiary' in the US viz. Mahindra U.S.A.Inc., at Houston with the objective of

increasing its sales in the U.S.A.

Quality Standards :

Mahindra & Mahindra has also received ISO:9001(Kandivali Plant), & ISO

9002 QS-9000 (Nagpur Plant) the prestigious international quality certificate from

RWTUV Germany for Design, Manufacture, Marketing & Servicing of Tractors.

Mahindra Tractors Are at the cutting edge of the Tractor industry determined to be

the 'WORLD LEADER BY THE YEAR 2005.M&M has won DEMING

ALLPICATION PRIZE in 2003 given by JUSE,JAPAN. It is the only tractor

company in world to get this prize for quality Management.

Page 10: Mahindra & Mahindra

Our Present Product Range

Up to 30 HP 30-40 HP More than 40-HP

Yuvraj Arjun 445 DI 575 DI Sarpnch

265 DI Sarpanch 275 DI Sarpanch 575 DI Bhoomiputra

265 DI Bhoomiputra 275 DI Bhoomiputra 585 DI Sarpanch

475 DI Sarpanch Arjun 605 DI

475 DI Bhoomiputra Arjun 555 DI

Marketing Bulletin

Regarding Tractor Sales

May 2010 May 2009Make Sales Market

ShareSales Market

Share

(%) I(%) I

MAHINDRA 6081 31.9 4391 25.3TAFE 2835 14.9 2589 14.9

SWARAJ 2569 13.5 2441 14.1SONALIKA 1843 9.7 1503 8.7ESCORTS 1527 8.0 2662 15.3

EICHER 1361 7.1 1305 , 7.5HMT 620 3.3 690 4.0

OTHERS 2226 11.6 1771 10.2INDUSTRY

TOTAL19062 100 17352 100

Source: TMA

Page 11: Mahindra & Mahindra

Special Features of Mahindra Tractor :

Since Mahindra Tractors have been manufactured by using advance technology &

also manufactured in a factory possessing ISO-900l & QS-9000. Therefore there

exist some special features.

These Special features of Mahindra Tractors are as given below:

1) Proper & effective utilisation of fuel.

2) Less - maintainance cost.

3) More deep ploughing is possible

4) Engine is having longer life.

5) Comfortable driving

6) Gar-box suitable for all kinds of works is present

7) Mahindra Tractor works excellently in all types of soils

8) 2 years or 2000 hrs. warranty

9) Safety Brakes arrangements are present

10)High load carrying capacity

Special features of Arjun model of Mahindra Tractor:

The Arjun model is a new model launched by Mahindra &.Mahindra. The special

features of this Arjun model are as given below:

1) Due to Double Life P.L.F. - Engine

a) Tractor is possessing high power

b) Engine Life is 8000 hrs

c) Saving of fuel.

2) Due to Hy- TECH-HYDRAULICS - attachment, Tractor is having higher load

Page 12: Mahindra & Mahindra

carrying capacity & therefore Tractor becomes more suitable for Agricultural work

& other work.

3) Due to DRY TYPE AIR CLEANER ,tractor is having longer life, less maintenance & good protection to engine.

4) Due to Power Steering tractor is easy for driving

5) Due to Constant Mesh Gear Box Attachment, shifting of gears becomes easy & tractor become more suitable for agriculture work.

6) Battery is having less maintenance.

7) Less consumption of Diesel & oil.

8) Powerful Halogen lamps become more useful in night.

Page 13: Mahindra & Mahindra

Executive Summary Of

The Project

Page 14: Mahindra & Mahindra

Project Introduction

The project was carried out in Nagpur District. The areas to be

covered were those areas where tractor population is good.

The areas covered in this project are Mouda, parsheoni, Nagpur, Hingna,

Kamthi, Ramtek .These areas are Taluka places & their surrounding villages.

The sample size was 90 Owners of M & M tractors & 60 owners of Swaraj tractors.

The reason behind selecting Swaraj Co is that Swaraj is the main Competitor

Of M & M tractors in Nagpur Region.

The tractor owners contacted during the project were the owners who had bought M

& M and Swaraj tractors during last 5 yrs. Majority of tractor owners are the owners

who had bought tractor in last 3 years.

The reason behind taking 60 no as sample size of Swaraj owners is that even

though they are main competitors of M & M, their tractor population is less as

compared to M & M.

The data was collected by using a Questionnaire .The Questionnaire contains five

Sub topics Tractor History, Consideration &Awareness ,Buying Process , Purchase

details & Profile of the Respondent.

In Tractor History all the details about tractor is taken like Make & model

Registration Number etc.

In Consideration & Awareness the Other tractors considered by respondent at

the time of buying & are awareness about other tractor companies is tested.

In Buying Process the information sources used by tractor owners, Main

influencers on final decision are traced out

Page 15: Mahindra & Mahindra

In Purchase details, the financial Sources Used, Price of tractor, is traced out.

In Profile of the Respondent, The Crops grown, Land Cultivated, use of tractor

for Agriculture & Non agriculture, His habits, His Financial Position is traced After

filling the entire questionnaire the data collected is Analyzed, Interpreted using

various techniques

After all this the conclusions are drawn .Finally on the basis of all this Suggestions

are given to the Company.

Page 16: Mahindra & Mahindra

Research

Methodology

Page 17: Mahindra & Mahindra

Research Methodology

Research Instrument: Structured QuestionnaireSampling Plan:

1. Sample method: convenience sampling.

2. Sample size : 90 for M & M and 60 for Swaraj .

3. Total sample Size 150.

Sampling Design:

Convenience Sampling

There are various method of sample design are available but t conduct this Survey

we select Convenience Sampling which is based on Convenience of Researcher.

The respondent sample is included in it merely because of their availability on point

where survey is in progress & tractor being up to 5 yr old.

Types Of Data

Basically there are two main types of data

1) Primary data

2) Secondary Data

1) Primary Data :-

The primary data are those which are collected fresh &for the first time &

thus happen to be original in character. Such data are published by authorities who

themselves are responsible for their collection.

2) Secondary Data :-

The secondary data are those which have already been collected by some

other agency & which have previously been collected by some organization to

satisfy its own need but it is being used by other department under reference for an

entirely different reason.

Page 18: Mahindra & Mahindra

Methods for collecting Primary Data:

a) Interview Method of Data Collection

b) Observation Method of Data Collection

c) Questionnaire Method of Data Collection

Method for collecting Secondary Data

d) Record Review Method of Data Collection

For Project

Methods for collecting Primary Data

For our Project we used following method

a) Questionnaire Method of Data Collection

According to this method a questionnaire is used for asking questions to

respondents. A special & related question format is prepared for this.

Method for collecting Secondary Data

a) Record Review Method

According to this method of secondary data collection manuals, magazines,

brouchers, pamplets & annual reports of M & M Co have been studied to gather the

necessary information.

Page 19: Mahindra & Mahindra

Analysis &

Interpretation Of

Data

Page 20: Mahindra & Mahindra

Total Samples Of Tractor Owners Taken In Nagpur District

150 nos.

Company wise Distribution

1) Mahindra & Mahindra 90 no

2) Punjab Tractors Ltd(Swaraj Tractors)

60 no

Areas Covered In Project

Mouda, Ramtek, Parsheoni, Kamthi, Hingna, Nagpur

Area wise sample Distribution

NoArea M & M Swaraj Total

1 Mouda 18 25 43

2 Ramtek 16 10 26

3 Kamthi 21 08 29

4 Parsheoni 17 06 23

5 Nagpur 10 07 17

6 Hingna 08 04 12

Total 90 30

Page 21: Mahindra & Mahindra

Model & Year wise distribution of M & M owners

ModelNos

.

Jan-

Dec.

2006

Jan-

Dec

2007

Jan

Dec

2008

Jan

Dec

2009

Jan

Dec

2010

475 DI Sarpanch 20 5 4 3 6 2

475 DI

Bhumiputra 6 1 1 0 3 2

575 DI Sarpanch 24 4 5 5 6 4

595 DI

Superturbo 12 2 1 2 4 3

275 DI Sarpanch 9 1 1 2 2 3

275 DI

Bhumiputra 6 2 2 1 0 1

Arjun 605 DI 8 1 1 2 1 3

Arjun 555 DI 5 1 1 0 1 2

Total 90

Page 22: Mahindra & Mahindra

Model & Year wise distribution of Swaraj owners

Jan- Dec. Jan- Dec Jan Dec Jan Dec Jan Dec

Model Nos 2006 2007 2008 2009 2010

Swaraj 735 FE 19 6 5 3 3 2

Swaraj 744 FE 26 6 4 6 6 4

Swraj 855 11 2 3 2 3 1

Swaraj 855

Delux 4 0 2 1 0 1

Total 60

Q. 1 a) For M & M Owners

Total M & M Repeat

buyer

M & M

as 1st

ChoiceOther tractors as 1st

choice

90 30 44 16

Page 23: Mahindra & Mahindra

Most Considered Model

No Model Nos Percentage

1 575 DI Sarpanch 47 78.33

2 475 DI Sarpanch 45 75

3 275 DI Sarpanch 19 31.66

4 595 DI Super Turbo 14 23.33

5 605 DI Arjun 11 18.33

6 265 DI Sarpanch 8 13.33

Page 24: Mahindra & Mahindra

Total No. Of

Owners

Swaraj as 1st

Choice

M & M as 1st

Choice

Sonalika as 1st

Choice

1st choice

60 30 13 2

No Model Nos Percentage

1 Swaraj 735 FE 19 63.33

2 Swaraj 744 FE 28 93.33

3 Swaraj 855 28 93.33

4 Swaraj 724 FE 5 16.66

5575 DI

Sarpanch 12 40

6475 DI Sarpanch 14

46.66

Page 25: Mahindra & Mahindra

Q. 3) b) Awareness of M & M owners about M & M and

other tractors

No Model Nos Percentage

1 Eitcher Co. 39 65

2 Messey Fergusson Co. 36 60

3 Swaraj 744 FE 30 50

4 Swaraj 855 30 50

5 Escorts 37 61.66

6 575 DI Sarpanch 34 56.66

7 475 DI Sarpanch 33 55

8 M & M Co. 26 43.33

9 Sonalika Co. 28 46.66

10 275 DI Sarpanch 25 41.66

11 Swaraj Co. 30 50

12 Ford New Holland 29 48.33

13 L & T John deere 26 43.33

14 Swaraj 735 FE 21 35

Page 26: Mahindra & Mahindra

Awareness of Swaraj owners about M & M and other tractors

No Model Nos Percentage

1 Messey Fergusson Co. 25 83.33

2 Escorts Co. 22 73.33

3 Swaraj 744 FE 22 73.33

4 Swaraj 855 22 73.33

5 Swaraj 735 FE 21 70

6 575 DI Sarpanch 20 66.66

7 475 DI Sarpanch 20 66.66

8 275 DI Sarpanch 17 56.66

9 Eicher Co. 17 56.66

10 Sonalika Co. 16 53.33

11 Ford New Holland Co. 14 46.66

12 L & T Co. 14 46.66

Page 27: Mahindra & Mahindra

Q. 4) Information Source / Information Sources For M &

M

No Source Nos Percentage

1 Friends/Relative 50 83.33

2 Other tractor owners 56 93.33

3 Mechanic 39 65

4Previous experience of

tractor 19 31.66

5 Tractor Dealers 19 31.66

6 Family Members 16 26.66

7 Sales Person 1 1.66

For Swaraj Owners

No Source Nos Percentage (%)

1 Other tractor

owners

30 100.00

2 Friends/Relative 27 90.00

3 Mechanic 21 70.00

4 Tractor Dealers 15 50.00

5 Family Members 06 20.00

Q 5) Main Influences

Page 28: Mahindra & Mahindra

For M & M For Swaraj

No Influences NosPercentage Nos Percentage

1 Family members 17 15 9 13.33

2 other relatives 6 1.66 2

3 Friends 9 8.33 5 3.33

4 Other Tractor Owners 20 28.33 17 50

5 Tractor Dealers 6 5 5

6 Mechanic 2 3

7 Television 3 4

8 Own decision 28 41.66 15 3.33

Total 90 60

Q. 6) Factors affecting buying decision :

For M & MFor Swaraj

No Factors Nos Percentage Nos Percentage

1 Reasonable smaint/

Running cost 51 85 27 90

2 Fuel efficiency 40 66.66

3 Cheap & easy avail ofspares 31 51.66 6 20

4 Engine power 28 46.66 20 66.66

5 Easy avail of service 24 40

6 Application suitability 18 30 12 40

7 Fase of driving 11 18.33

8 Tractor styling 6 10

9 Resale Value 7 11.66

10 Good Financing Option 7 23.33

Page 29: Mahindra & Mahindra

Q.7 ) Liked Parameters to M & M owners

No Factors Nos Percentage

1 Tractor quality 43 71.66

2 Power 31 51.66

3 Fuel Efficiency 39 65

4 Driving Comfort 27 45

5 Styling of Model 25 41.66

6 Status 15 25

7 Spares availability 4 6.66

Disliked Parameters to M & M owners

No Factors Nos Percentage PreWarranty

PostWarranty

1 Experience atdealership 14 46.66 7 7

2 Price 5 16.66

3 Wear of rear tyres 5 16.66 4 1

4 Size of fuel tank 4 13.33

5 Hydraulic Problem 4 13.33 3 1

6 Oil Leakage 3 10 3

7Sales PersonsBehaviour 3 10 1 2

Note : 30 owners have no dislike at all.

Page 30: Mahindra & Mahindra

Q. 8) Main (Only) cause for not buying M & M

No Cause Nos. Percentage

PreviouslyownedM&M

1 Relevant Financing not available 6 20 2

2 Friends advice 5 16.66 1

3 More maintenance of small type 4 13.33 1

4 Less speed in work 3 10 1

5 Plough work not good 2 6.66

6Others (Dealers advice ,want totry new tractor , dealers lateapproach, not good in mud ,Toocostly

10 33.33 2

Other important reasons.

No Cause Nos

1 Friends advice 8

2 Low fuel efficiency 6

3 Not enough power 5

4 No tractor owner friend have it 4

5 Relevent financing 4

Page 31: Mahindra & Mahindra

Q.9 ) a) About Discount

Company No. of customers gettingDiscount

In Last 2yrs.

Before Last2 yrs.

M & M 10 9 1

Swaraj 3 2 1

Total 13 11 2

Q. 9) b) About Implements

CompanyWithout

ImplementsPercentage With

implementsPercentage

M & M 57 95 3 5

Swaraj 26 86.66 4 13.33

Total 83

Page 32: Mahindra & Mahindra

Q. 9) e) Managing Finance For Tractor

No Sources of Funds Nos M & M Swaraj

1 Complete Cash DownPayment 17 13 4

2 Partly from loans & Partlyfrom savings 66 42 24

3 By selling old tractor 7 5 2

Page 33: Mahindra & Mahindra

For M & M owners

NoSources of

Funds NosWithinlast 2yrs

PercentageBeforelast 2yrs

Percentage

1 Complete Cash DownPayment 13 9 69 4 31

2 Partly from loans &Partly from savings 42 33 78 9 22

3 By selling old tractor 5 3 60 2 40

For Swaraj owners

No

Sources of Funds NosWithin

last 2 yrs PercentageBefore

last 2 yrs Percentage

1 Complete CashDown Payment 4 1 25 3 75

2 Partly from loans &Partly from savings 24 18 75 6 25

3By selling oldtractor 2 2 100 0 0

Page 34: Mahindra & Mahindra

Q. 11) Source of Loans

No Source of Funds M & M Swaraj

1 Loan & Savings 42 24

No Company NationalisedBank

CooperativeBank

Pvt.Finance

Companies

Pvt.Bank

Total

1 M & M 31 3 8 0 42

2 Swaraj 18 3 2 1 24

NoM & Mowners(Within

warranty)

NationalisedBank

CooperativeBank

Pvt.Financecompanies

Pvt Bank

1 33 22 3 8 0

(MM FSL-7)

Page 35: Mahindra & Mahindra

Q. 12) Selling Old Tractor

No.M & M

Within 2yrs Before 2 yrs

15

(M & M to M &M = 4MF to M & M = 1) 3 2

Swaraj

1 2 2 0

MF to Swaraj 1, Ford toSwaraj =1

Q.13) 2 n d Choice of M & M owners

No Company Name Nos Reason

1Swaraj 31

Good Power, Working speed, Low maint, success in area,good in farm & mud

2 MesseyFergusson 10

Previous experience, goodfule efficiency, good quality,less maintenance

3 L & T John Deere 6 Good power, Less maint.

4Sonalika 3

Good quallity, less maint,brand name

5 Eicher 3 Good substitute to M & M

6 Ford 3 Good in farms

7 HMT 1 Low maintenance

Page 36: Mahindra & Mahindra

2 n d choice of Swaraj owners

No Company Nos Reason

1M & M 28

Less maint, Fuelefficiency, Brand name,Spare availability

2 Sonalika 1 Low maintenance

3 L & T 1 Wish to try new tractor

N oPreviously owned M

& MM & M to

M & MM & M to Swaraj

1 27 20 7

No Previously ownedSwaraj

Swarajto M & M

Swaraj to Swaraj

1 5 0 5

No Shift from - to Nos

1 MF to Swaraj 2

2 MF to M & M 2

3 Ford to Swaraj 2

Note : 4 Customers told that they will not buy any tractor other than M & M

Page 37: Mahindra & Mahindra

Q. 16 : Cultivating Practices

No Activities Nos M & M Swaraj

1 1 to 5 & 12 49 35 14

2 1 to 5 12 9 3

3 1 to 6 & 12 29 16 13

4 1 to 6 0 0 0

Total 90 60 30

1- Breaking land, 2- levelling field, 3- Ploughing, 4- Removing grass,

5 - Cutting crops residue, 6- Sowing 12 - rent to others

Q. 17 : Non Agricultural activities of Tractor Owners

No Activities Nos M & M Swaraj

1 None 36 26 10

2 Transporting Goods 45 27 18

3 Transportingpassengers 0 0 0

4 Construction 1 1 0

5 (2 & 4) 8 6 2

Total 90 60 30

Page 38: Mahindra & Mahindra

Q. 18) Habits Of Tractor Owners

No Items M & M Swaraj

1 Watch TV (DD1) 50 28

Watch cable 10 2

2 Listen to Radio 18 7

Not listen to Radio 42 23

3Reads magazine (Indiatoday, Krishi vigyan,Saptahik sakal,Nyanganga

4 1

Q. 22) Margin Money paid to dealer

No Amount M & M Swaraj

1 30,000 2 0

2 40,000 2 1

3 50,000 7 7

4 60,000 12 8

5 70,000 5 1

6 75,000 12 3

7 80,000 5 2

8 90,000 1 2

9 1,00,000 12 6

10 1,15,000 1 0

Page 39: Mahindra & Mahindra

11 1,20,000 0 0

12 1,50,000 1 0

Total 60 30

Page 40: Mahindra & Mahindra

Conclusion

Page 41: Mahindra & Mahindra

Conclusions

The main reasons for M & Ms Victory are Parameters like Reasonable

maintenance ,Fuel efficiency, Cheap & Easy Availability of Spares &

Service, Engine Power, Application suitability

All the respondents including Swaraj Owners Knows M & M tractor& its

models

56 % of the Swaraj owner's first choice was M & M & 90 % of

Swaraj owners rates M & M as 2nd choice

Apart from M & M other most known tractor companies are Eicher,Messey

Fergusson, Escorts,Swaraj ,Sonalika

In both cases i.e. M & M and Swaraj the mostly used Information sources

are Other Tractor Owners, Friends/Relatives,& Mechanics resply

In case of M & M the main Influencers in final buying decision are Own

decision, Tractor owners, family members. But main Influencers is

Owners own Decision

In case of Swaraj Main Influencers in final buying decision are Other

tractor owners,Own Decision resply, But main Influencer is Tractor

owners.

In case of M & M the parameters affecting buying decision are

Reasonable maint, Fuel Efficiency, Cheap & easy avail of spares&

Service,& Application suitability.

In case of Swaraj the parameters affecting buying decision are

Reasonable Mai nt,engine Power, Application suitability.

The Most Liked Parameters to M & M owners are Tractor Quality

Page 42: Mahindra & Mahindra

Power,Fuel Efficiency,Driving comfort,& Styling of model

The Most Disliked parameters to M & M owners are Experience at

Dealer,Price,Wear of rear tyres,Hydraulic Problem.

The main reason for not buying M & M are Relevant financing sources not

available, Friends advice, More maintenance.

Most of the tractor owners of both M & M and Swaraj dont buy

implements along with tractor.

Most of the tractor owners ,of both M & M and Swaraj has taken loan for

buying tractor.

75% of M & M & Swaraj owners both has taken loan from Nationalized

Banks.

45% of M & M and 60% of Swaraj owners use tractor for Transporting

Goods

43% of M & M and 33% of Swaraj owners dont use tractor for non-

agricultural use.

Not a single Tractor owner took Test Drive before buying tractor

Doordarshan is most popular T.V.channel & Lokmat is the most popular

Newspaper

93.33% of M & M owners have only one tractor & remaining have more

than 1 tractor while in case of Swaraj 100% of Swaraj owners have only

one tractor.

The main Crops taken by Tractor owners are Soya bean,

Paddy,Wheat,Gram,Cotton,Vegetables,

Page 43: Mahindra & Mahindra

Suggestion

Page 44: Mahindra & Mahindra

s

Tractor rallies should be held in Hingna & surrounding areas.

Page 45: Mahindra & Mahindra

Suggestions to Company

Dealer Coverage should be increased i.e No of Salesmans, Frequency of

visits etc.

Customer Care Executives Should be appointed at Dealer & at workshop

both & should treat them with respect.

Competitor Customer meets should be arranged.

MMFSL services reach to be increased.

Post Warranty customers should be contacted at regular interval by

Sales & Service team

Old Tractor exchange M e l a s Should be arranged.

Local Mechanics (Reddys) at Tarsa area should be persuaded about their

opinion of M & M tractors.

Service reminders /Schedule should be send to all customers.

Warranty Policy & procedure for O.E parts should be explained to

customer by salesman & service team.

For Advertisement of Company Scheme & dealer scheme Doordarshan is

the best T.V. Channel & Lokmat is the best Newspaper

Page 46: Mahindra & Mahindra

Dealer should provide enough time to tractor buyers for making loan

proposals.

Tractor Dealers should give enough time to customers for making loan

proposals

The reasons for sales of Swaraj tractor are reasonable maintenance, Good

Financing options, application suitability. These parameters should be

taken into consideration by M & M .

Schemes like free gifts on purchase of tractor should be encouraged more

Information about tractor, service, Warranty, schemes can be given to

Customers in VCD as nearly 50 % of tractor owners have VCD players

The disliked parameters like experience at dealer, tyre problem, sales

persons behaviour should be removed

Trained mechanics should be appointed both at workshop & for field visits

for attending complaints

Tractor rallies should be held in Hingna & surrounding areas.

Page 47: Mahindra & Mahindra

Bibliography

Page 48: Mahindra & Mahindra

Bibliography

1. www.mahindraworld.com (M & M Companys Web Site)

2. Philip Kotler, Marketing Management (Pearson Education Publication,

11th Edition, 2001)

3. C.R.Kothari, Research Methodology Methods & Techniques (Wishwa Prakashan,

2nd Edition, 1999)

4. M &m Companys Pamphlets,Brouchers,Magazines,Reports.

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Annexure

The following important annexure relevant to this study is enclosedherewith

Most Considered Models By M & M Owners

Most Considered Models By Swaraj Owners

Slide 1

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M a i n I n f l u e n c e r s F o r M & M A n S w a r a j O w n e r s

P A R A M E T E R S A F F E C T I N G B U Y I N G D E C I S I O N

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L I K E D P A R A M E T E R S O F M & M O W N E R S

Tractor quality

Pow er

Fuel Efficiency

Driving Comfort

Styling of Model

StatusSpares availability

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Slide 15

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