Shubham Toyato Rep
Shubham Toyato Rep
CHAPTER-I
INTRODUCTION
1.1 INTRODUCTION
In the face of multiple choices customer will gravitate to the offering that will
best meet their perception of value and their attitudes.
In India, in one or the other sector, we see a lot of dramatic shifts and changes
from a production dominated to a consumer oriented business cultures, from sometimes
monopolistic supply to open competition to satisfy consumer demand.
Consumers have become the strong base or pillers for any product or services.
The aim of any company or marketer is to satisfy customers’ wants or needs. So they
have to understand the customers so well that the product or service fits him and sells
itself.
This project deals with consumer behavior. The term consumer behavior refers
to the behavior that consumer displaying in searching for purchasing, using, evaluating
and disposing of products and service that they expert will satisfy their needs.
The study of consumer behavior is the study of how individuals make decision
to spend their available resources (Time, money).
The research has chosen the topic of consumer behavior in “Toyota Motors
Ltd”, which is in an automobile production (4 wheelers) and many others.
Research Design.
A research design is the arrangement of condition for collection & analysis of
data in a manner that aims to combine the relevance to research purpose with economy
in procedure.
For this study both Primary and Secondary data was used.
1. Primary data.
2. Secondary data.
1. PRIMARY DATA:
The main sources of data is the Primary data, the method adopted for the
collection of primary data is through field survey method. In this method, technique of
questionnaires, were prepared with both the open- Ended and close- Ended questions.
2. SECONDARY DATA:
Secondary data was also collected from company annual reports, magazines,
internet and concerned text books, etc.
The collected are presented in the form of statistical tables and graphs
SAMPLE DESIGN:
The sampling technique used for the study is convenience / satisfactory
sampling among the car owners, 100 consumers have been selected for the gathering
Primary data.
CHAPTER- II
THEORETICAL BACKGROUND
CONSUMER BEHAVIOR:
The field of consumer behavior studies how individual, groups and
organizational select, by use and dispose of goods, service, ideas or experiences to
satisfy their need and desires, understanding consumer behavior and “Knowing
customer” are never simple, customer may say one thing but do another.
CULTURE:-
Culture is the most basic cause of a person’s wants and behavior. Human
behavior is largely learned. Growing up in society, a child learns basic values,
perceptions, wants and behaviors from the family and other important institutions.
SOCIAL FACTORS:-
A consumer’s behavior also is influenced by social factors, such as the
consumer’s small groups, family, and roles and status.
Groups:-
A person’s reference group consists of all the groups that have a direct (face to
face) or indirect influence on the person’s attitudes or behavior. Groups having a direct
influence on a person are called membership group. Some memberships are family,
friends, neighbor and co- workers, with whom the person interacts formally and
informally. They influences attitudes, self – concept and creates pressure for conformity
that may effect actual product and brand choice.
Family:-
The family is the most important consumer buying organization in society. Even
if the buyer no longer interacts. Very much with parents, their influence on the buyers
can be significant.
People usually choose products appropriate to their roles and status. Consider
the various roles a working mother plays. In her company, she plays the role of a brand
manager; in her family, she plays the role of wife and mother. As a brand manager, she
will buy the kind of clothing that reflects her role and status in her company.
PERSONAL FACTORS:-
A buyer’s decision is also influenced by Personal characteristics. These include
the Buyers Age and Stage in the Life cycle, Occupation, Economic Situation, Life Style
and Self concept.
PSYCHOLOGICAL FACTORS:-
A person’s buying choices are further influenced by 4 major Psychological
factors: Motivation, Perception, Learning and Beliefs & Attitudes.
Motivation:-
A person has many needs at given time. Some are biological, arising from the
states of tension such as hunger, thirst or discomfort. Others are psychological, arising
from the need for recognition, esteem or belonging. A need becomes a motive when it is
aroused to a sufficient level of intensity. A motive (or drive) is a need that is sufficiently
pressing to direct the person to seek satisfaction.
Perception:-
Perception is the process by which people select, organize and interpret
information to form a meaningful picture of the world.
Learning:-
When people act, they learn. Learning describes changes in an individual’s
behavior arising from the experience.
PRODUCT:-
A Product is anything that can be offered to a marketer for attention, acquisition,
use, or consumption and that might satisfy a want or need.
At the time of visualizing any product, the marketer thinks of it at three levels they are:
➢ Core Benefits
➢ Tangible specification
➢ Augmented Features
➢ Core Benefits:-
It means, what the product stand for, for example a car offers the generic benefit
of traveling, luxury & image in the society.
➢ Tangible Specification:-
Features, color, design, size, weight etc. materials used in making the product,
operating resources (say, diesel, petrol or electricity) and price.
➢ Augmented Features:-
Company name, Brand image, warranty / guarantee for the whole machine or
specific parts etc. it may include dimensions like delivery, easy accessibility, credit,
packaging, repair / service facilities.
The most fundamental aspect is, the core product is to answer the question of
why the buyer wishes to have it. That is every product tries to satisfy some core benefits
or services. The marketer’s job is to reveal the underlying motives behind buying the
some product. That is, to ascertain from the buyer whether he is really satisfied by
having the same product?
When applying the generic product concept, two key issues should be kept in
mind. First, it is the consumers’ view of what a given product represents. Thus, a
marketer should determine what that product means to the consumer before designing
the product. Secondly, aspirations of consumers differ from place to place and with
time. Thus the same product (such as a car) may satisfy different generic requirements
(such as a means of basic transportation: comfortable driving and symbol of success and
status in life etc). The marketer should design the product after considering the impact
of different possible generic requirements.
At the next level, a marketer usually tries to identify many tangible aspects of
the form of features, style, packaging, quality etc. In the above example of car, the
marketer could offer particular features like fuel, economy, elegant design of the
machine, driving comfort, external appearance, color, size etc.
CHAPTER- III
COMPANY PROFILE
Toyota
(http://www.toyotabharat.com)
Toyota Motor Corporation (Japanese: トヨタ自動車株式会社 Toyota Jidōsha KK?,
IPA: [toꜜjota][4]) TYO: 7203, LSE: TYT, NYSE: TM, commonly known simply as
Toyota and abbreviated as TMC, is a multinational automaker headquartered in
Toyota, Aichi, Japan. In 2010, Toyota Motor Corporation employed 317,734 people
worldwide. TMC is the world's largest automobile manufacturer by sales and
production.
The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his
father's company Toyota Industries to create automobiles. Three years earlier, in 1934,
while still a department of Toyota Industries, it created its first product, the Type A
engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation
group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino
Motors,[along with several "non-automotive" companies. TMC is part of the Toyota
Group, one of the largest conglomerates in the world.
Public
TYO: 7203
Type
LSE: TYT
NYSE: TM
• Automotive
Industry • Robotics
• Financial services
Automobiles
Products
Financial Services
Production
10,398,182(FY2020)
output
Operating
¥ 2,442,869 (FY2020)[2]
income
• Lexus
Divisions
• TRD
COMPANY OVERVIEW
From September 1947, Toyota's small-sized vehicles were sold under the name
"Toyopet" (トヨペット).[ The first vehicle sold under this name was the Toyopet
SA[17] but it also included vehicles such as the Toyopet SB light truck, Toyopet Stout
light truck,[18] Toyopet Crown and the Toyopet Corona. However, when Toyota
eventually entered the American market in 1957 with the Crown, the name was not well
received due to connotations of toys and pets.[19] The name was soon dropped for the
American market but continued in other markets until the mid 1960s.
With over 30 million sold, the Corolla is one of the most popular and best
selling cars in the world.
The Toyota Motor Company received its first Japanese Quality Control Award
at the start of the 1980s and began participating in a wide variety of motorsports. Due to
the 1973 oil crisis, consumers in the lucrative US market began turning to small cars
with better fuel economy. American car manufacturers had considered small economy
cars to be an "entry level" product, and their small vehicles employed a low level of
quality in order to keep the price low.
By the early sixties, the US had begun placing stiff import tariffs on certain
vehicles. The Chicken tax of 1964 placed a 25% tax on imported light trucks. In
response to the tariff, Toyota, Nissan Motor Co. and Honda Motor Co. began building
plants in the US by the early eighties.
In 1982, the Toyota Motor Company and Toyota Motor Sales merged into one
company, the Toyota Motor Corporation. Two years later, Toyota entered into a joint
venture with General Motors called NUMMI, the New United Motor Manufacturing,
Inc, operating an automobile-manufacturing plant in Fremont, California. The factory
was an old General Motors plant that had been closed for two years. Toyota then started
to establish new brands at the end of the 1980s, with the launch of their luxury division
Lexus in 1989.
In the 1990s, Toyota began to branch out from producing mostly compact cars
by adding many larger and more luxurious vehicles to its lineup, including a full-sized
pickup, the T100 (and later the Tundra); several lines of SUVs; a sport version of the
Camry, known as the Camry Solara; and the Scion brand, a group of several affordable,
yet sporty, automobiles targeted specifically to young adults. Toyota also began
production of the world's best-selling hybrid car, the Prius, in 1997.
DEALER’S PROFIE
M/s. Karuna Toyota, operating in Gulbarga is the 3rd Car dealership in the state
of Karnataka. M/s. Karuna Toyota shall handle the complete range of Toyota Motors,
Passenger car product.
The said dealership has situated at Opp. KHB Shopping Mall, Biglundi Garden,
Gulbarga and the Company has also having its sophisticated modern workship.
PRICE LIST
PETROL
Private
Ex- Road Tax
Private On-Road Car
showroom & Smile
Suffix Car Price Insurance
(incl. Handling Package
Insurance Gulbarga With
VAT) Charges
Add-ON
G 16,45,000 90,709 3,22,412 3500 20,74,571 36955
GL 18,82,000 99,591 3,67,133 3500 23,67,544 42904
VL CVT 20,19,000 1,04,725 4,15,396 3500 25,59,311 47540
DIESEL
Private
Ex- Road Tax
Private On-Road Car
showroom & Smile
Suffix Car Price Insurance
(incl. Handling Package
Insurance Gulbarga With
VAT) Charges
Add-ON
GL 19,36,000 82,184 3,77323 6000 24,14,867 40099
G 17,71,000 76,281 3,46,188 6000 22,11,179 46311
Private
Road Tax
Ex- Private On-Road Car
&
Fuel Seater showroom Car Price Insurance
Handling
(incl. VAT) Insurance Gulbarga With Add-
Charges
ON
Diesel 7 30.6 L 1,09,731 6,20,987 38 L 75,310
ORGANIZATION STRUCTURE
MANAGING DIRECTOR
GENERAL MANAGER
Account Workers
Sales Supervisors Executive
Executives
1. SALES DEPARTMENT:-
Sales department is based on customer request. The main function of this
department is preparation and submission of proposal verification of customers
purchase order and also rising of order acceptance. This department undertakes all the
necessary activities in regard with the sales, marketing and promotion of the products.
2. SERVICE DEPARTMENT:-
This is the main department of the firm handled by the service manager. Once
sales team sell the vehicle to the customer, services department handles further things
like free service, payment service and handles the customer complaints.
The firm at least conducts 10 service camps every year. The camps are held at
its covered areas.
• The account manager handles the accounting of purchase bills and issue cheques
to the supplier.
• He handles the day to day transactions and also prepares bank and cash
vouchers.
4. SPARES DEPARTMENT:-
This is the department in which spare parts and accessories are sold out. This
department is mainly concerned to service department whenever service department
people in need any spare part they take help from this department. Based on the order
requirement the company dispatches the spare parts.
Spares and accessories are sold on the counter, while servicing a particular
vehicle if any spares are required they are sold through this counter only.
CHAPTER- IV
ANALYSIS AND INTERPRETATION OF DATA
Male 73
Female 27
Total 100
From the above table it was noticed that out of 100 respondents 73 percent were
Male and remaining 27 percent were female.
80 73
70
60
50
40 27 Male
Female
30
20
10
0
Male Female
From the above Graph it was noticed that out of 100 respondents 73 percent
were Male and remaining 27 percent were female.
Under Graduate 40
Graduate 44
Post Graduate 16
Others 0
Total 100
From the above table it was noticed that 40 percent of respondents were Under
Graduate followed by 44 percent of them belongs to Graduate, 16 percent of them
belongs to post Graduate and no one belongs to others.
45 44
40
40
35
30
25
Under Graduate
20
16 Graduate
15
Post Graduate
10
5 Others
0
0
e s
te at te er
dua du dua O
th
ra a
ra G Gr
erG st
d Po
Un
From the above graph it was noticed that 40 percent of respondents were Under
Graduate followed by 44 percent of them belongs to Graduate, 16 percent of them
belongs to post Graduate and no one belongs to others.
5000-10000 27
10001-20000 35
20001-30000 23
Above 30001 15
Total 100
From the above table it was noticed that 15 percent of respondents belongs to
the income group above 30001 followed by 23 percent of them belongs to the income
group between 20001-30000, 35 percent of them belongs to the income group of 10001-
20000, 27 percent of them belongs to the income group of 5000-10000.
35 35
27
30
25 23
20
5000-10000
15
15 10001-20000
20001-30000
10
Above 30000
0
5000-10000 10001- 20001- above
From the above graph it was noticed that 15 percent of respondents belongs to
the income group above 30001 followed by 23 percent of them belongs to the income
group between 20001-30000, 35 percent of them belongs to the income group of 10001-
20000, 27 percent of them belongs to the income group of 5000-10000.
Professional 15
Businessman 43
Govt. Employee 17
Student 25
Total 100
From the above table it was found that 43 percent of respondents were
Businessman. 25 percent of them were student, 17 percent of them were Govt.
Employees and 15 percent of them were Professionals.
45 43
40
35
30
25
25
20 15 17 Professional
15 Businessman
10 Govt.employee
5
Student
0
t
an
l
en
ee
na
oy
ud
sio
ss
pl
St
es
ne
m
of
t.e
si
Pr
Bu
ov
G
From the above graph it was found that 43 percent of respondents were
Businessman. 25 percent of them were student, 17 percent of them were Govt.
Employees and 15 percent of them were Professionals.
Toyota 100 30
Tata 63 19
Maruti 52 15
Hyundai 43 13
Ford 33 10
Honda 46 13
From the above table it is noticed that all the respondents i.e. cent percent are
aware of Toyota Motors. Among them 19 percent are aware of Tata, 15 percent are
aware of Maruti, both 13 percent are aware of Honda and Ford and 10 percent are aware
of Ford.
46
100
33 Toyota
Tata
Maruti
Hyundai
Ford
43
Honda
52 63
From the above graph it is noticed that all the respondents i.e. cent percent are
aware of Toyota Motors. Among them 19 percent are aware of Tata, 15 percent are
aware of Maruti, both 13 percent are aware of Honda and Ford and 10 percent are aware
of Ford.
Yes 100
No 0
Total 100
From the above table it was found that 100 percent of Respondents are used the
Toyota Motors.
100 Yes
80
60
Yes
40 No
20
No
0
Yes No
From the above graph it was found that 100 percent of Respondents are used
the Toyota Motors.
Innova G 74 26
Innova GX 57 20
Innova VX 20 7
Glance 23 8
Corolla Petrol 55 19
Corolla Diesel 44 14
Fortuner 16 6
From the above table it is noticed that 26 percent of Respondents are aware of
Innova G. 20 percent are aware of Innova GX. 19 percent of Respondents are aware of
Corolla Petrol. 14 percent of Respondents are aware of Corolla Diesel. 8 percent are
aware of Glance, 7 percent are aware of Innova VX and 6 percent of them are aware of
Fortuner model.
16
44 74 Innova G
Innova GX
Innova VX
Etios ALTIS
Corolla Petrol
55 Corolla Diesel
57 Fortuner
23 20
From the above graph it is noticed that 26 percent of Respondents are aware of
Innova G. 20 percent are aware of Innova GX. 19 percent of Respondents are aware of
Corolla Petrol. 14 percent of Respondents are aware of Corolla Diesel. 8 percent are
aware of Glance, 7 percent are aware of Innova VX and 6 percent of them are aware of
Fortuner model.
Innova G 30 20
Innova GX 26 18
Innova VX 45 31
Glance 30 20
Corolla Petrol 10 7
Corolla Diesel 4 3
Fortuner 2 1
From the above table it is noticed that 31 percent of Respondents are using the
Innova VX model. Each of 20 percent Respondents is using the Innova G and Glance
models. 18 percent are using Innova VX, 7 percent are using Corolla Petrol, 3 percent
are using Corolla Diesel model and 1 percent is using Fortuner models.
10 4 2
30
Innova G
30 Innova GX
Innova VX
Etios ALTIS
Corolla Petrol
26 Corolla Diesel
Fortuner
45
From the above graph it is noticed that 31 percent of Respondents are using the
Innova VX model. Each of 20 percent Respondents is using the Innova G and Glance
models. 18 percent are using Innova VX, 7 percent are using Corolla Petrol, 3 percent
are using Corolla Diesel model and 1 percent is using Fortuner models.
Table 10: Showing Classification of Respondents based on the factors that have
influenced to prefer Toyota Motors Products
Price 38 16
Brand Name 33 14
Quality 45 18
Durability 37 15
Engine Capacity 21 9
Service 22 9
Milage 36 15
Others - -
From the above table it is noticed that 18 percent of Respondents prefer Toyota
Motors due to Quality of Toyota Motors. 16 percent of Respondents prefer Toyota
Motors due to Price of Toyota Motors. Each 15 percent of Respondents prefer due to
Durability and Milage of Toyota Motors.14 percent of Respondents prefer due to Brand
Name of Toyota Motors. Each 9 percent of Respondents prefer due to Engine Capacity
and Service and 4 percent of them prefer due to Demo with Test Drive.
Graph 10: Showing Classification of Respondents based on the factors that have
influenced to prefer Toyota Motors Products
Price
9 0 38
36 Brand Name
Quality
22 33 Durability
Engine Capacity
Service
Milage
21 Demo with Test Drive
37 45 Others
From the above graph it is noticed that 18 percent of Respondents prefer Toyota
Motors due to Quality of Toyota Motors. 16 percent of Respondents prefer Toyota
Motors due to Price of Toyota Motors. Each 15 percent of Respondents prefer due to
Durability and Milage of Toyota Motors.14 percent of Respondents prefer due to Brand
Name of Toyota Motors. Each 9 percent of Respondents prefer due to Engine Capacity
and Service and 4 percent of them prefer due to Demo with Test Drive.
By Cash 47
By Installments 22
By Finance 30
Others 1
Total 100
From the above table it was noticed that 47 percent Respondents were purchased
their vehicle on Cash basis, 30 percent of Respondents were purchased on the basis of
Finance, 22 percent of Respondents were purchased on the basis of Installments and
only 1 percent of Respondent was purchased on the basis of others.
50 47
40
30
30
22 By Cash
20
By Installments
10 By Finance
0 Others
0
h ts e s
as en nc h er
C n a t
B
y llm Fi O
sta y
In B
y
B
From the above graph it was noticed that 47 percent Respondents were
purchased their vehicle on Cash basis, 30 percent of Respondents were purchased on
the basis of Finance, 22 percent of Respondents were purchased on the basis of
Installments and only 1 percent of Respondent was purchased on the basis of others.
Before 2007 13
2007-08 27
2008-09 6
2009-10 26
Total 100
From the table it was noticed that 28 percent of Respondents are purchased the
Toyota Motors during less than 6 months. 27 percent of Respondents are purchased
during 2007-08. 26 percent of Respondents are purchased during 2009-10. 13 percent of
Respondents are purchased during Before 2007 and 6 percent of Respondents are
purchased during 2008-09.
30
25
20
15
Before 2004
2004-06
10
2006-07
5 2007-08
07
08
4
s
00
04-
06-
07-
nth
e2
20
20
20
Mo
for
n6
Be
t ha
ss
Le
From the graph it was noticed that 28 percent of Respondents are purchased the
Toyota Motors during less than 6 months. 27 percent of Respondents are purchased
during 2007-08. 26 percent of Respondents are purchased during 2009-10. 13 percent of
Respondents are purchased during Before 2007 and 6 percent of Respondents are
purchased during 2008-09.
Brand Name 39 15
Price 33 12
Durability 32 12
Model 45 17
Engine 36 13
Service 22 8
Milage 40 15
Color 20 7
Others 1 0.3
From the above table it is noticed that 17 percent of Respondents are satisfied
with the Models of Toyota Motors. Each 15 percent of Respondents are satisfied with
the Brand Name and Milage. 13 percent of Respondents are satisfied with the Engine of
Toyota Motors. Each 12 percent of Respondents are satisfied with the Price and
Durability of Toyota Motors. 8 percent are satisfied with the Service and 7 percent are
satisfied with the Colors of Toyota Motors and one percent are satisfied with other
reasons,
45
40
35
Brand Name
30
Price
25
Durability
20 Model
15 Engine
Serv ice
10
Milage
5 Color
0
Brand Durability Engine Milage
Name
From the above graph it is noticed that 17 percent of Respondents are satisfied
with the Models of Toyota Motors. Each 15 percent of Respondents are satisfied with
the Brand Name and Milage. 13 percent of Respondents are satisfied with the Engine of
Toyota Motors. Each 12 percent of Respondents are satisfied with the Price and
Durability of Toyota Motors. 8 percent are satisfied with the Service and 7 percent are
satisfied with the Colors of Toyota Motors and one percent are satisfied with other
reasons,
Yes 97
No 3
Total 100
From the above table it was noticed that 97 percent of Respondents are satisfied
with the availability of spare parts of Toyota Motors only 3 percent of Respondents are
not satisfied.
Yes
100
90
80
70
60
50 Yes
40 No
30
20
No
10
0
Yes No
From the above graph it was noticed that 97 percent of Respondents are satisfied
with the availability of spare parts of Toyota Motors only 3 percent of Respondents are
not satisfied.
Table 15: Showing Classification of Respondents based on the Satisfaction with the
service provided by the dealer
Yes 98
No 2
Total 100
From the above table it was noticed that 98 percent of respondents were satisfied
with the service provided by the dealer only 2 percent of them were not satisfied.
2%
Yes
No
98%
From the above graph it was noticed that 98 percent of respondents were
satisfied with the service provided by the dealer only 2 percent of them were not
satisfied.
Table 16: Showing Classification of Respondents based on the Service They Expect
from Dealer
Mobile servicing 22
Total 100
From the above table it was noticed that 51 percent of Respondents expect Fast
delivery of Vehicle, 27 percent of Respondents expect Good & Promotive Service and
22 percent of Respondents expect Mobile Servicing.
Graph 16: Showing Classification of Respondents based on the service they expect
from Dealer
22
Fast delivery of
Vehicle
Mobile Servicing
27
51 Good & Promotive
Services
From the above graph it was noticed that 51 percent of Respondents expect Fast
delivery of Vehicle, 27 percent of Respondents expect Good & Promotive Service and
22 percent of Respondents expect Mobile Servicing.
Yes 98
No 2
Total 100
From the table it was noticed that 98 percent of Respondents were satisfied with
after sales and only 2 percent of Respondents were not satisfied.
2%
Yes
No
98%
From the graph it was noticed that 98 percent of Respondents were satisfied
with after sales and only 2 percent of Respondents were not satisfied.
High 29
Average 58
Low average 13
Total 100
From the above table it was observed that 58 percent of Respondents had their
opinion that price of the Toyota Motors was Average than when compare to other
brands. 29 percent of the Respondents said that the price of Toyota Motors was high
and 13 percent of Respondents said that the price of Toyota Motors was Low average as
compared to other brands.
60 58
50
40
30 29 High
Average
20
13 Low average
10
0
High Average Low
average
From the above graph it was observed that 58 percent of Respondents had their
opinion that price of the Toyota Motors was Average than when compare to other
brands. 29 percent of the Respondents said that the price of Toyota Motors was high
and 13 percent of Respondents said that the price of Toyota Motors was Low average as
compared to other brands.
Excellent 19
Good 38
Very Good 29
Satisfactory 14
Poor 0
Total 100
From the above table it was noticed that 38 percent of Respondents said
performance of Toyota Motors as Good.
40
35
30
25
Excellent
20
Good
15
Very Good
10
Satisfactory
5
Poor
0
nt
d or
oo oo
d ry Po
elle G G cto
c ry fa
Ex Ve tis
Sa
From the above graph it was noticed that 38 percent of Respondents said
performance of Toyota Motors as Good.
Table 20: Showing Brand Image of the Toyota Motors according to Respondents
Customer Satisfaction 44
Both a & b 36
Others 0
Total 100
From the above table it was noticed that 44 percent of Respondents said that
Toyota Motors had built its Brand image due to Customer Satisfaction.
36 percent of Respondents said that Toyota Motors had built its Brand Image
due to both Customer Satisfaction and Sales & Promotion activities.
20 percent of Respondents said that Toyota Motors had built its Brand image
due to Sales & Promotion activities.
Graph 20: Showing Brand Image of the Toyota Motors according to Respondents
Customer
36 Satisfaction
44
Sales &
Promotion
activities
Both a & b
20
From the above graph it was noticed that 44 percent of Respondents said that
Toyota Motors had built its Brand image due to Customer Satisfaction.
36 percent of Respondents said that Toyota Motors had built its Brand Image
due to both Customer Satisfaction and Sales & Promotion activities.
20 percent of Respondents said that Toyota Motors had built its Brand image
due to Sales & Promotion activities.
Table 21: Showing Promotion Activity which makes more impact on Toyota
Motors customers
T.V 33
News paper 21
Publicity 16
Advertisement 26
Friends 4
Others 0
Total 100
From the table it was found that 33 percent of Respondents said that Television
has more impact on Toyota Motors customers. 26 percent of them said Advertisement
has more impact on Toyota Motors customers.
21 percent of them said News paper has more impact on Toyota Motors
customer. 16 percent of them said Publicity has more impact on Toyota Motors
customer. And 4 percent of them said Friends have more impact on Toyota Motors
customers.
Graph 21: Showing Promotion Activity which makes more impact on Toyota
Motors customers
4
33
26 T.V
News paper
Publicity
Advertisement
Friends
16
21
From the graph it was found that 33 percent of Respondents said that Television
has more impact on Toyota Motors customers. 26 percent of them said Advertisement
has more impact on Toyota Motors customers.
21 percent of them said News paper has more impact on Toyota Motors
customer. 16 percent of them said Publicity has more impact on Toyota Motors
customer. And 4 percent of them said Friends have more impact on Toyota Motors
customers.
Yes 96
No 4
Total 100
From the table it was noticed that 96 percent of Respondents are satisfied with
the Toyota Motors only 4 percent of Respondents are not satisfied.
Yes
No
96
From the graph it was noticed that 96 percent of Respondents are satisfied with
the Toyota Motors only 4 percent of Respondents are not satisfied.
Space 29 14
Style 53 25
Colors 37 18
Quality 25 12
Ground Clearance 19 9
Milage 25 12
Price of Accessories 21 10
Space
21 29 Style
25
Colors
Quality
19 53 Ground Clearance
25 Milage
37
Price of Accessories
Yes 99
No 1
Total 100
From the above table it was found that 99 percent of Respondents suggest their
friends and relatives to purchase Toyota Motors.
Yes
No
99
From the above graph it was found that 99 percent of Respondents suggest their
friends and relatives to purchase Toyota Motors.
Under 13 14 6 4 37
Graduate
Graduate 12 16 10 8 46
Post 1 5 7 3 16
Graduate
Others 1 0 0 0 1
Total 27 35 23 15 100
From the above table it is observed that 46 percent of respondents have done
Graduation among them 35 percent of respondents have income between 10001-20000,
26 percent have 5000-10000, 22 percent have 20001-30000, and 17 percent of
respondents have income above 30001.
16 percent of respondents are post graduates and among them 44 percent have
income between 20001-30000, 31 percent have 10001-20000, 19 percent have above
30001 and 6 percent have 5000-10000.
Only 1 percent has done other courses and has income level between 5000-
10000.
16
14
12
10
Under Graduate
8 Graduate
6 Post Graduate
Others
4
2
0
5000- 10001- 20001- Above
10000 20000 30000 30001
From the above graph it is observed that 46 percent of respondents have done
Graduation among them 35 percent of respondents have income between 10001-20000,
26 percent have 5000-10000, 22 percent have 20001-30000, and 17 percent of
respondents have income above 30001.
16 percent of respondents are post graduates and among them 44 percent have
income between 20001-30000, 31 percent have 10001-20000, 19 percent have above
30001 and 6 percent have 5000-10000.
Only 1 percent has done other courses and has income level between 5000-
10000.
Professional 4 3 4 4 15
Businessman 7 16 15 5 43
Govt. 3 8 3 3 17
employees
Student 13 8 1 3 25
Total 27 35 23 15 100
16
14
12
10 Professional
Businessman
8
Govt. Employees
6
Student
4
2
0
5000-10000 10001-20000 20001-30000 Above 30001
Table 27: Showing the performance of Toyota Motors with other brands
CHAPTER – V
FINDINGS, SUGGESTIONS AND CONCLUSION
5.1 FINDINGS:
• Majority of the respondents i.e. 43 percent who are using Toyota Motors
products are businessmen’s.
• Majority of the respondents i.e. 97 percent are said that spare parts of Toyota
Motors are easily available.
• Majority of the respondents i.e. 98 percent are satisfied with the service
provided by dealer.
• Majority of the respondents i.e. 99 percent are suggest their relatives/ friends to
purchase the Toyota Motors.
• Majority of the respondent’s i.e.58 percent rated price of the Toyota Motors
products as “Average”.
• Majority of the respondents i.e. 44 percent said that Toyota Motors product’s
has built its brand image through Customer Satisfaction.
• Majority of the respondents i.e. 33 percent said Television makes more impact
on Toyota Motors customers compare to other promotional activity.
• Majority of the respondents i.e. 31 percent of respondents are using Innova VX.
• Majority of the respondents i.e. more than 25 percent of respondents are
recommended for improvement in “Style” of Toyota Motors.
• Majority of respondents i.e. 96 percent of respondents are satisfied with Toyota
Motors.
• Nearly 20 percent of respondents prefer Toyota Motors because ‘Quality’ of
Toyota Motors.
• Only 3 percent of respondents are using Corolla Diesel model.
• Majority of respondents i.e. more than 50 percent respondents expect service
from the in the form of ‘Fast delivery of vehicle’.
• Nearly 40 percent of respondents rated Toyota Motors performance as ‘good’.
5.2 SUGGESTIONS:-
• ‘Style’ of Toyota Motors must be improved as majority of respondents
recommended for improvement.
• The dealers must take some measures to make aware of various models of
Toyota Motors.
• Some products like ‘Corolla Petrol’ and ‘Corolla Diesel’ should be improved
and additions should be made to it to attract the customers through promotional
activities like advertising, media publishing etc.
• Dealers of the Toyota Motors products should improve the Brand loyalty by
giving good service to customer.
• Spare parts of Toyota Motors should be made easily available as many of the
respondents are not satisfied with this and the price of Accessories should be
reduced.
• ‘Colors’ of Toyota Motors should be improved as majority of respondents
recommended for it.
• The company can improve its products usage and acceptability by introducing
better user friendly features like reducing engine sound, providing better milage
etc.
• The consumer expectation regarding the car usage life is about 10-15 years. So
the company should ensure long and trouble free usage life of their products
through improved technology and after sales services.
• Even though the reputation of brand is good, it should be retained and enhanced
by introducing more quality products.
• The company should give higher incentives to top dealer to promote the
products.
5.3 CONCLUSION:-
The company may do well to concentrate on customers’ satisfaction as it is the
most important thing in today’s competition world. The only one way the company can
lead in bonding the customers to the company is through providing satisfaction to
customers through better offerings and after sales and services as it is important for the
company to improve its performance and minimize its value of share holders through
customer satisfaction and high market share.
By survey it is understood that Toyota Motors has a very strong brand name in
the market. Only it has to utilize it by improving its stock.
In case of service charges at Karuna Toyota almost all customers are satisfied.
But in case of purchasing a new car, the price offered on the car even though has some
variation as per the needs of customers but around 90% customers are satisfied with it.
The car price is satisfactory for all the customers.
So finally conclude that M/S Karuna Toyota Gulbarga has given good service to
Tata Motor’s customers.
BIBLIOGRAPHY
BOOKS
• “Principles of Marketing” (Eleventh Edition) Page no 25-60,80-95
• By Philip Kotler Page no 10-20
• Gary Armstrong
• Ashok K. Ghosh Prentice Hall of India Pvt. Ltd New Delhi Page no 157-173
WEBSITES
• www.toyotabharat.com
QUESTIONNAIRE
1. Name : ______________________________________
2. Age:
a) 18 – 25 years b) 26 – 35 years
c) 36 – 45 years d) 46 & above
3. Sex:
a) Male b) Female
4. Education Qualification:
a) Under graduate b) Graduate
c) Post Graduate d) Others
6. Occupation
a) Professional b) Businessman
c) Govt. Employees d) Student
14. Point out the reasons for satisfaction with Toyota Motors Products
a) Brand Name b) Price
c) Durability d) Model
e) Engine f) Service
g) Mileage h) Colour
i) Others specify ………………………………
15. Are the Spare Parts of Toyota Motors are easily available.
a) Yes b) No
16. Are you satisfied with the service provide by the dealer
a) Yes b) No
If No Please mention the reason ………………………
19. How do you feel when you compare Toyota Motors Products Price with other
brands
a) High b) Average
c) Low average
20. How do you feel when you compare the performance of Toyota Motors product
with other
a) Excellent b) Good
c) Very Good d) Satisfactory
e) Poor
21. How according to you Toyota Motors has built its brand image?
a) Customer satisfaction
b) Sales & Promotion activities
c) Both a & b
d) If other specify …………………………………