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Maruti Suzuki Background
Maruti Suzuki India ltd. commonly referred as Maruti, is a subsidiary company of
Japanese automaker Suzuki Motor Corporation. It has a market share of 44.9% of
the India passenger car market as of march 2011. Maruti offers a complete range
of cars from entry level Maruti 800 and Alto , to hatchback Ritz, A-star ,Swift ,
Wagon-R , Estillo and sedans Dezire, Sx4, in the 'C' segment Maruti Eecho and
Sports Utility vehicle Grand Vitara .
It was the first company in India to mass-produce and sell more than a million cars.
It is largely credited for having brought in an automobile revolution to India. It is
the market leader in India, and on 17 September 2007, Maruti Udyog Limited
was renamed as Maruti Suzuki India Limited. The company's headquarters are
located in New Delhi. In February 2012, the company sold its 10th million vehicles
in India.
Maruti Suzuki is India and Nepal's number one leading automobile manufacturer
and the market leader in the car segment, both in terms of volume of vehicles sold
and revenue earned. Until recently, 18.28% of the company was owned by
the Indian government, and 54.2% by Suzuki of Japan. The BJP-led government
held an initial public offering of 25% of the company in June 2003. As of 10 May
2007, the government of India sold its complete share to Indian financial
institutions and no longer has any stake in Maruti Udyog.
Maruti Udyog Limited (MUL) was established in February 1981, though the
actual production commenced in 1983 with the Maruti 800, based on the Suzuki
Alto k 10 car which at the time was the only modern car available in India, its only
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competitors- the Hindustan motors and Premier Padmini were both around 25
years out of date at that point. Through 2004, Maruti Suzuki has produced over 5
Million vehicles. Maruti Suzukis are sold in India and various several other
countries, depending upon export orders. Models similar to Maruti Suzukis (but
not manufactured by Maruti Udyog) are sold by Suzuki Motor Corporation and
manufactured in Pakistan and other South Asiancountries.
The company exports more than 50,000 cars annually and has an extremely large
domestic market in India selling over 730,000 cars annually. Maruti 800, till 2004,
was the India's largest selling compact car ever since it was launched in 1983.
More than a million units of this car have been sold worldwide so far.
Currently, Maruti Suzuki Alto tops the sales charts. Its manufacturing facilities are
located at two facilities Gurgaon and Manesar south of Delhi. Maruti Suzukis
Gurgaon facility has an installed capacity of 350,000 units per annum. The
Manesar facilities, launched in February 2007 comprise a vehicle assembly plant
with a capacity of 100,000 units per year and a Diesel Engine plant with an annual
capacity of 100,000 engines and transmissions. Manesar and Gurgaon facilities
have a combined capability to produce over 700,000 units annually.
Manufacturing facilities
Maruti Suzuki has two state-of-the-art manufacturing facilities in India. Both
manufacturing facilities have a combined production capacity of 1,250,000
vehicles annually.
Gurgaon Manufacturing Facility: - The Gurgaon Manufacturing Facility has
three fully integrated manufacturing plants and is spread over 300 acres (1.2 km2).
All three plants have an installed capacity of 350,000 vehicles annually but
productivity improvements have enabled it to manufacture 700,000 vehicles
annually. The Gurgaon facilities also manufacture 240,000 K-Series engines
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annually. The entire facility is equipped with more than 150 robots, out of which
71 have been developed in-house. The Gurgaon Facilities manufactures
the 800, Alto, WagonR, Estilo, Omni, .Gypsy
Maruti Suzuki India Limite
Type Public
Traded as BSE: 532500
NSE: MARUTI
BSE SENSEX Constituent
Industry Automotive
Predecessor(s) Maruti Udyog Limited
Founded 1981
Headquarters New Delhi, India
http://en.wikipedia.org/wiki/Maruti_800http://en.wikipedia.org/wiki/Maruti_Altohttp://en.wikipedia.org/wiki/Maruti_WagonRhttp://en.wikipedia.org/wiki/Suzuki_MR_Wagonhttp://en.wikipedia.org/wiki/Maruti_Omnihttp://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Ticker_symbolhttp://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532500http://en.wikipedia.org/wiki/National_Stock_Exchange_of_Indiahttp://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=MARUTI§ion=7http://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/Automotive_industryhttp://en.wikipedia.org/wiki/Automotive_industryhttp://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/File:Maruti_Suzuki_Logo.svghttp://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/Automotive_industryhttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=MARUTI§ion=7http://en.wikipedia.org/wiki/National_Stock_Exchange_of_Indiahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532500http://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttp://en.wikipedia.org/wiki/Ticker_symbolhttp://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Maruti_Omnihttp://en.wikipedia.org/wiki/Suzuki_MR_Wagonhttp://en.wikipedia.org/wiki/Maruti_WagonRhttp://en.wikipedia.org/wiki/Maruti_Altohttp://en.wikipedia.org/wiki/Maruti_8008/2/2019 Rmm Project New
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Key people ShinzoNakanishi
(CEO & MD)
Products Automobiles
Revenue 37,522 crore (US$7.49 billion)(2010-11)
Net income 2,288 crore (US$456.46 million)(2010-11)
Employees 6,903 (2011)
Parent Suzuki Motor Corporation
Website www.marutisuzuki.com
http://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/Automobileshttp://en.wikipedia.org/wiki/Crorehttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/Crorehttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/Suzuki_Motor_Corporationhttp://www.marutisuzuki.com/http://www.marutisuzuki.com/http://www.marutisuzuki.com/http://en.wikipedia.org/wiki/Suzuki_Motor_Corporationhttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Crorehttp://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Crorehttp://en.wikipedia.org/wiki/Automobiles8/2/2019 Rmm Project New
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Research objective
Primary objective
To find the reason behind the decline in sales of Maruti Suzuki.
Secondary objective
What factors affecting sales? What is the customers perception from Brand Maruti? What is the customers expectation from Brand Maruti? What is the purchase decision making criteria of customer while making
purchase decision?
What is customer level satisfaction of the Maruti Suzuki?
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Research Methodology
1. Research Design
The research design of the project is descriptive as it describes data and
characteristics associated with the population availing Maruti Suzuki Car.
SURVEY DESIGNThe study is a cross sectional study because the data were collected at asingle point of time by the Car Dealers of the Maruti Suzuki.
RESEARCH PERIODResearch work is only carried from 1 to 2 weeks.
2. Sampling Design
Sampling refers to selecting some of the elements in a population by
which one can draw conclusions about the entire population.
PopulationPopulation is finite number of elements which the researcher is going to
target in particular area. All Car Dealer of Maruti Suzuki in Lucknow
city form the population for the study.
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Sampling UnitSampling Unit is the single unit of the population. Car dealer of Maruti
Suzuki form the sampling unit of the study.
Sampling TechniqueThe selection of the respondents was done on the basis of convenience Sampling
based on the non-probability method of sampling. Since, in our research, we are
selecting all Car dealer only which belongs to Lucknow city area. They are
countable and very limited in number; therefore we can easily conduct our study
according to our convenience.
3. Sample size
Sample size is the size of sample drawn from the population which is the true
representative of the research. Since in our research, the population which we have
selected is very much less therefore the sample size is same as of the population.
4. Analysis Techniques
For the purpose of analyzing, raw data was summarized in a master table and
from this table the results have been carried out. The questions having multiple/
alternative choices were analyzed by taking percentages. In the case of questions
on likert scale, the mean scores were calculated.
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In case of ranking questions the total score has been added and final ranking is
given by calculating mean. In case of checklist questions the average of total no. of
responses was calculated. In case of explanatory questions, the general suggestions
were summarized.
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HYPOTHESIS TAKEN
In our study we have taken certain assumption in order to attain the objective and
to draw the conclusion.
The Hypothesis in our research is as follows:-
Car Dealer has accurate information of the customer. Car Dealer has all the knowledge of the market and knows each and every
aspects of Car Industry.
The result of this study is based on the Lucknow city only but will beuniformly applicable throughout the country.
The customer shares there all mindset with the Car dealer without anyhesitation and reluctance.
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QUESTIONNAIRE
1. NAME
--------------------------------------------------------------------
2.FROM HOW LONG YOU HAVE BEEN DEALING WITH CARS
1-3 YEARS 4-7 YEARS ABOVE 7 YEARS
3. CITY
DELHI MUMBAI OTHER
4. WHO IS YOUR MAJOR CUSTOMER
BUSINESS MAN STUDENT SERVICE OTHER
5. WHO IS YOUR KEY CUSTOMER
MALE FEMALE
6. WHICH RANGE OF CARS IS MORE PREFERED
LESS THAN Rs.4 LAKHS LESS THAN Rs.6 LAKHS MORE THAN Rs.6
LAKHS
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7. WHICH MODEL OF MARUTI SUZUKI IS MORE IN DEMAND
ALTO ZEN ESTILO
WAGON-R SX4
OTHER
8. ARE THE CUSTOMERS SATISFIED WITH THE PRESENT VERSIONS OF MARUTI
SUZUKI
9. ARE CUSTOMERS SATISFIED WITH AFTER SALES SERVICE
10. DO YOU WITNESS FALL IN REVENUE AFTER MANESAR PLANT LOCK OUT
YES NO
11. DID YOU FACE STOCK-OUT SITUATION DURING THE LOCK OUT PERIOD
AGREE DISAGREE
http://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.pnghttp://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.pnghttp://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.pnghttp://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.png8/2/2019 Rmm Project New
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12. ARE YOU SATISFIED WITH THE CUSTOMERS RESPONSE TOWARDS NEW
PRODUCT LAUNCH
13. ARE YOU SATISFIED WITH THE ADVERTISING CAMPAIGNS TAKEN BY MARUTI
SUZUKI
14. HAVE YOU EVER THOUGHT OF SWITCHING MARUTI DEALERSHIP WITH
OTHER AUTOMOBILE COMPANY
YES NO
15. DO YOU THINK ADVERTISING INFLUENCE END COUSTOMERS PURCHASE
DECISION?
YES NO CANT SAY
16. DO YOU KNOW WHO IS BRAND AMBASSADOR OF MARUTI SUZUKI ?
IF YES, NO
http://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.pnghttp://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.pnghttp://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.pnghttp://en.wikipedia.org/wiki/File:Customer-satisfaction-scale.png8/2/2019 Rmm Project New
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THEN NAME____________________________
17. WOULD YOU LIKE TO GIVE SOME SUGGESTIONS
--------------------------------------------------------------------------------------
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RECOMMENDATIONS AND SUGGESTION
I would like to suggest MARUTI SUZUKI to work on their advertisementsand make them effective.
MARUTI SUZUKI must target middle class only not premium products likeMARUTI ALTO.
MARUTI SUZUKI has still scope of improvements in their value addedservices like after sales service .
MARUTI SUZUKI must continuously watch the competitive environmentand customers.
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BIBLIOGRAPHY
www.WIKIPEDIA.COM www.google.com www.autocarindia.com Hindustan times (newspaper) Business today( fortnight magazine) Principles of Marketing XI Edition
By: - Philip Kotler & Gary Armstrong
Consumer BehaviorBy: - Leon G. Schiffman, Leslie, Lazar Kanuk
Marketing By: - Michael J. Etzel, Bruce J. Walker
Advertising theory & practicesBy: - Chunawalla, Kumar, Sethia, Subramanian, Suchak
http://www.google.com/http://www.google.com/http://www.google.com/8/2/2019 Rmm Project New
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