A Project Report by Bikash
A Project Report by Bikash
ON
CONSUMER SATISFACTION
AT
PREPARED BY:
REG.NO: 790080
DATE : 16/05/2011
UNDER GUIDENCE OF
mgt of G J C
SUBMITED TO:
DARJEELING: 734013
1
DECLARATION
DATE: SIGNATURE
Certificate from internal guide
This has not been previously formed a basis of the award of any
degree / diploma or other similar title of recognition.
_________________________
REALITY.
SIGNATURE
CONTENTS
PARTICULARS
5. Company Profile
6. Literature Review
7. Methodology
8. Data Analysis
10. Suggestion
11. Bibliography
12. Appendix
INTRODUCTION
Whether the buyer is satisfied after purchase depend on the offers performance in
relation to the buyer expectation. In general satisfaction is a person's feeling of
pleasure or disappointment resulting from comparing a products perceived
performance relation to his/her expectations. If the performance falls short of
expectation, the consumer is dissatisfied. If the performance matches the
expectation consumer is satisfied. If the performance exceeds the expectation the
consumer is highly satisfied.
Consumer satisfaction cannot be very difficult. After all you either satisfied with
the services you receive or you are not. If you don’t you are not. If it is that easy,
then obtaining people's opinion about how satisfied they are with relatively straight
forward matter- or is it?. Consumer satisfaction is a marketing tool and a definite
value added benefit. It is often perceived by customers as important as the primary
product or service your organization offers.
This project will help the company to know the problems of the consumer that they
are facing and help them to get some new idea to increase the sales in future.
The Automobile industry has become very competitive especially with the entry of
global players TVS, BAJAJ, YAMAHA, HONDA, HERO HONDA, SUZUKI and
many other Automobile industry. TVS comes under the category of Automobile
industry. The service and different product launched by TVS are relatively more
expensive and these products are expected to have a longer life. Consumer Are not
particularly loyal to any products but often take considerable time to compare and
evaluate the brand.
My study is to Asses the consumer satisfaction of TVS Silliguri. The Study
will Asses broadly on choice and preference of the consumer strengthens,
measuring the quality of the product. So it’s a different task for the company to
know the point view of the consumers. It always creates a problem for the
company for being a leader. The company has to face many problems and he has to
know who the competitors in the market are and what type of service they are
providing and current product they are launching.
This project will obviously help them to become to a number one company in
the market.
OBJECTIVE OF THE STUDY
The important objective of preparing this project is to benefit the consumer and
the company.
Being a project trainee my objective was to understand the consumer behavior
through this project.
To find out the average consumer of TVS SILIGURI.
To find out the premium product in the market and its unique features.
The objective of the company is to see where it stands in the eyes of its
consumer there by enabling services and product improvement which will lead
to higher satisfaction level.
TVS Motor Company was incorporated in 1982. It is third largest two-wheeler manufacturer in
India and one among the top ten in the world. TVS Motor is the flagship company of the $4
billion TVS Group.
The company manufactures a wide range of two wheelers such as mopeds, scooters and
motorcycles. It has four manufacturing.
Mission:
They have commited to being a highly profitable, socially responsible, and
leading manufacturer of high value of money, environmentally friendly, lifeline
personal transportation product under the TVS brand, for consumer predominantly
in Asian market and to provide fulfillment and prosperity for employees, dealers
and suppliers.
VISSION STATEMENT:
The company manufactures a wide range of two wheelers such as mopeds, scooters
and motorcycles.
In the motorcycles segment company it has created brands like TVS Apache, TVS
Star and TVS Flame.
In variomatic scooters segment TVS Motor manufactures brands like TVS Scooty
Pep + and TVS Scooty Teenz.
It has created brands like TVS XL Super and TVS XL Heavy Duty in mopeds
segment.
Milestones
In the year 1980 TVS Motor launched India’s first two-seater 50cc moped TVS 50.
In 1984, the two-wheeler major became the first Indian company to introduce
100cc Indo-Japanese motorcycles.
Awards
TVS Motor Company is the only two-wheeler company in the world to be
honoured with Deming Prize as recognition in Total Quality Management
Outlook
In order to cater premium segment TVS motors launched Apache RTR 160 RD
motorcycle.
Leading TVS bike dealers since 1996 in Neyveli, SRI BALAJI TVS, expanded its
network of sales to Neyveli , Township ,Vadalur, SriMushnam, Pennadam,
Thittkudi, Veppur, Thozhuthur, and Kadampuliyur. Equipped with sales and
marketing team numbering more than 20 to cater to the needs of people in and
around neyveli with the best matched models of TVS range of Bikes.
With 20years of association with TVS Motor Co., they have crossed many miles
stones in their business of Motor Bikes Sales. Their performance in terms of sales
and service brought them many awards & Rewards.
They offer best services for Bikes to their customers to complete satisfaction.
Exclusive service station to meet the consumer demand with state of art facility in
service of vehicles and delivery in schedule. They have reached to the extent of
Sales achievement by appointing four authorized service center in and around
Neyveli :
AUTHORIZED SERVICE CENTRES:
Sri Sembai Agencies (Vadalur),
Arthi Motors(Pennadam),
With employees counting to 60 and above they work for the better improvement in
sales of their products and increasing their area of sales with maximum count.
They believe in Quality sales and service of Bikes with complete satisfaction of
our consumer that helped them in improving their consumer database with more
than 10000 consumers. They are proud to produce their achievements on
milestones reached by them.
LITERATURE REVIEW
The Indian economy has grown at an annual rate of more than 8% over the last five
years and the industrial production has made an outstanding contributi on
to this growth. MOTORCYCLE company was licensed, controlled and
restricted in the early years of independent India and had a limited
contribution to the economy. The industry currently contributes about5% of the
GDP and it is targeted to grow fivefold by 2016 and account for over 10%
of India’s GDP. Over a period of more than two decades the Indian Automobile
industry has been driving its own growth through phases. The entry of TVS
Corporation in Indian passenger bike manufacturing is often pointed as the
first sign of India turning to a market economy.
Since then the automobile sector witnessed rapid growth year after year. By late-
90's the industry reached self reliance in engine and component manufacturing
from the status of large scale importer. With the Indian middle class earning higher
per capita income, more people are ready to own private vehicles including
two-wheelers. Product movements and manned s e r v i c e s h a v e
boosted in the sales of medium and sized commercial
vehicles for passenger and goods transport. Side by side
w i t h f r e s h v e h i c l e s a l e s g r o w t h , t h e automotive components sector
has witnessed big growth. The domestic auto components consumption has crossed
rupees 9000 crores and an export of one half size of this figure. The key players
in the automobile industry are-TVS, Honda, bajaj, Yamaha, suzuki etc. The
Indian automobile industry is going througha p h a s e of r a p i d c h a n g e a n d
h i g h gr o w t h . W i t h n e w p r o j e c t s c o m i n g u p o n a r e g u l ar basis, the
industry is undergoing technological change. The major players are expanding
their plants and focusing on mass customization, mass production, etc. The
Government of India has liberalized the foreign exchange and equity regulations
and has also reduced the tariff on imports, contributing significantly to
the growth of the s e c t or . H a v i n g f i r m l y e s t a b l i s h e d i t s p r e s e n c e i n
t h e d o m e s t i c m a r k e t s , t h e I n d i a n automobile sector is now penetrating the
international arena. Vehicle exports from India are at their highest levels v a r i o u s
perspectives of brand loyalty have been studied by many
m a r k e t e r s a n d researchers.
RESEARCH METHODOLOGY
I have categorized the options, taking the frequencies. I have used pie charts and
tables to represent my findings.
Prepared questionnaire
Applied Statistical tool of ‘Simple Random Sampling’ to find out the percentage of
Consumer of TVS SILIGURI. The research is conducted to achieve the objectives,
which are both explorative and descripted in nature and involved personal
interviews based on the questionnaire format. This research is a part of exploratory
research which helps to get inside to a research problem & also it is a part of
survey method to gather data from a selected number of people
Sampling Plan
Questionnaire Design
The data is collecting from both from the primary data and secondary data source.
Primary data source: - The data is collecting from the customers, buyer, user,
dealers and some other respondents by following:-
Questionnaire method
Personal interview
Observation
Target population:
Sampling Frame:
The survey is conducting within the city of Siliguri.
Sample size:
Sampling technique:
TOOLS
Bar chart
Pie chart
Data Analysis
Mean: mean or Arithmetic mean is defined as the sum of observation divided by
the number of observation. Symbolically x= weight age average mean is obtained
on multiplying the values of the variables by the corresponding weights and then
dividing the sum of product by the sum of the weight.
Television 16 4 64
Newspaper 3 2 6
Radio 1 1 1
Mean =
Where,
wi = score assigned
fi = number of responses received in each case
n= sample size
better 8 3 24
Best 3 2 6
Excellent 0 1 0
Mean =
Where,
wi = score assigned
fi = number of responses received in each case
n= sample size
better 8 3 24
Best 2 2 4
Mean =
Where,
wi = score assigned
fi = number of responses received in each case
n= sample size
Paper 14 56
Advertisement
Hoarding 9 36
Exhibition 2 8
Total 25 100
Hoarding 9 2 18
Exhibition 2 1 2
Total
number of respondent =25
Mean =
Where,
wi = score assigned
fi = number of responses received in each case
n= sample size
Weighted
Response Frequency(f) Score(w)
Frequency(f) Percentage Score(f*w)
Very attractive 5 3 15
Very Attractive 5 20
Attractive 17 17 4 68 68
Boring 3 12
Boring 3 2 6
Very Boring 0 0
Total 25 100
Mean =
Where,
wi = score assigned
fi = number of responses received in each case
n= sample size
Mean =
Where,
wi = score assigned
fi = number of responses received in each case
n= sample size
Hence in this case we see that mean=2.68, which is closer to2 and 3. It is a
response between ‘very slow and ‘fast’. So we can say that it is a good
response.
CONCLUSIONS
Preparing this project is a great experience in terms of the knowledge that I gained,
working with TVS SILIGURI is a get privileged to me.
In the project, I have got the task of a marketing research, where I have to track the
responses of the consumer in TVS SILIGURI. To talk about my project, I mainly
have to focus on the consumer, where I have to take 25 respondents feedbacks and
analyze what difference, how many of them are loyal to the preferred company,
satisfaction level etc.
The project involves interaction with different kinds of people with different
background which has helped me to know the kind of problem faced by the people
conducting market survey. Market survey has helped me to get information about
consumer, their satisfaction and other forces in the market places.
It took about 3 months to complete the project but these three months has
hopefully taught me what to expect in corporate future.
The TVS SILIGURI was very co-operative and gives me the times and I hope the
sincere work that I have done will be of great help to TVS SILIGURI in
understanding consumer satisfaction and to use the information as a corrective
measure for a better future.
SUGGESTION &RECOMMENDATION
The study revealed and taught me a lot of things Based of the findings of the study
I think a few recommendations are necessary:-
B. The company should use new era of methodology to improve their brand.
C. The TVS SILIGURI should reduce the price of the product so that lot of
consumer of Middle and lower class family can enhances the brand.
E. Servicing process should be improved & they should treat their consumers
well.
BIBLIOGRAPHY
BOOKS REFERRED
Marketing Management by Rajen Saxena
WEBSITES
www.tvs.co.in
www.Answers.com
www.consumersatsfaction.com
www.questionnaire.com
www.shine.com
MAGAZINES
India Today
Business World
Appendix
QUESTIONNAIRE
PERSONAL DETAILS:-
NAME: - ______________________________
AGE: - ______________________________
ADDRESS: - ______________________________
OCCUPATION: - ______________________________
YES NO
3. Do you think TVS is better than other brand?
YES NO
YES NO
YES NO
maintenance?
VERY BORING
VERY RUDE