Yash 2212
Yash 2212
ON
ADVERTISEMENT AND SALES INFLUENCE ON CAR
BUYERS
Prepared and Presented to
Date/fnukad:
CERTIFICATE
This is to certify that Yash Tiwari, a student of Master of Business Administration (MBA )
Programme (Batch 2022-24) at this Institute has undergone a Summer Training in the Hyundai
Motor India Limited from 01 September 2023 to 21 October 23023 and carried out a study titled
“Advertisement and Sales Influence on Car Buyers”. He has prepared a report on the study
The student has also made a presentation before a panel of experts at the Institute.
AssistantProfessor,ICCMRT
Certified
(Dr. K.Anbumani)
Principal, ICCMRT
CERTIFICATE BY SUPERVISOR
DECLARATION
Institute of Co-operative & Corporate Management, Research and Training, Lucknow hereby
declare that all the information, fact and figures used in the summer training report titled
Have been collected by me. I also declare that this summer training project report has been
prepared by me and the same has never been submitted by the under signed either in part or in
YASH TIWARI
MBA (BATCH 2022-2024)
2201240700091
Acknowledgement
It gives us tremendous pleasure in bringing out this summer training project entitled
“Advertisement and Sales Influence on Car Buyers”. Taken as our comprehensive project.
At last, we are obliged to Mr. Naveen Tiwari,Area Sales Manager,Hyundai Motor India
Limited who allotted us this chance and without their guidance and constructive criticism this
report might have not been completed. I am also thankful to the management & all employees
of Hyundai Motor India Limited.
We express our Gratitude to Shri Alok Dixit, Director of Institute of Co-operative & Corporate
Management, Research & Training, Lucknow for the support and the environment he has
provided us. The genuine sense of gratitude goes to Institute of Co-operative & Corporate
Management, Research & Training, Lucknow that gave us a chance to brighten our academic
qualificationthat provided us this opportunity.
Management today is must for day-to-day life. Management is the integral part of the business.
In this world, all things need proper management for its success. Business without proper
management is like a castle of sand built on seashore. Even individuals need proper
management for running their life smoothly. Only theoretical knowledge is not enough in MBA
along with one needs some practical exposure in the corporate world also. MBA provides this
opportunity through the medium of summer training. This training has made one thing clear
that there are two pillars for getting success in business i.e. efficiency and effectiveness; it
means not only doing right things but also doing things rightly.
In MBA, Theory of any subject is important but without its practical knowledge it becomes
useless particularly for the Management Students. As a student of the Business Administration,
we have studied many theories and concepts in the classroom, but only after taking up this
project work we have experienced & understood these Management theories & practices in its
fullest sense, which plays a very vital role in business field today.
Hyundai Motor India Limited is a Automobile company in Indian market. In this project we
compare the Marketing Strategies of Hyundai Motor India Limited with other marketplayers.
Find the market share & market potential of this company etc.
This Project report gives knowledge of research on “Advertisement and Sales Influence on
Car Buyers”.
Executive Summary
The main area of the study is “Advertisement and Sales Influence on Car Buyers”. The
sources of data collection used in the study are both primary and secondary in nature. We are
going to conduct a survey to know the Effectiveness of marketing strategies adopted by Hyundi
Motor India Limited , which is a part of primary data. The real aim of the project is to compare
In this project researcher has covered the 4Ps of marketing Product, Price, Place & Promotion
of both the brands. In this analysis we have shown history and present scenario of the cars
industry in India.
The project is based on marketing strategies so we have first explained about 4Ps of marketing
Product, Price, Place & Promotion. We have analysed the growth drivers of major players in
Primary data has been collected in which focus group study had been conducted to design the
customer survey questionnaire with a sample size of 100 respondents. This survey has been
conducted in Sultanpur. Secondary data was collected through various websites, magazinesand
books.
TABLE OF CONTENTS
Certificate by Supervisor
Declaration
Acknowledgement
Preface
Executive Summary
BIBILIOGRAPHY
ANNEXURE
CHAPTER - 1
1
Introduction
The automobile industry is highly competitive, and the success of car manufacturers relies
heavily on their ability to influence potential buyers through effective advertising and sales
strategies. These strategies play a crucial role in shaping consumer perceptions, preferences,
Advertisement Influence:
brand image. Consistent messaging and visual elements help create brand recognition,
making consumers more likely to consider a particular brand when purchasing a car.
with the audience. Whether it's portraying a sense of adventure, safety, or family bonding,
can sway consumers who are looking for specific attributes in a vehicle.
4. Social Media Influence: With the rise of social media, car manufacturers utilize platforms
like Instagram, Facebook, and Twitter to reach a wider audience. Social media presence
allows for interactive engagement and real-time updates, influencing consumer opinions.
2
Sales Influence:
test drive opportunities contribute to a positive impression and can sway the final decision.
2. Promotions and Discounts: Sales events, promotions, and discounts can create a sense
of urgency and encourage buyers to make a decision. Limited-time offers often drive
3. Financing Options: Flexible financing options and low-interest rates can make a
significant difference for buyers. Clear communication of financing terms and options helps
Understanding the stages of the consumer decision-making process is essential for car
behavior.
3
Hyundai Group was a multinational chaebol headquartered in Seoul, South Korea. It was
founded by Chung Ju-yung in 1947 as a construction firm and Chung was directly in control
Following the 1997 East Asian financial crisis and Chung's death, Hyundai underwent a
major restructuring and break-up, which reduced the Hyundai Group's business to encompass
only container shipping services, the manufacturing of elevators, and tourism. Today, most
companies bearing the name Hyundai are not legally connected to Hyundai Group. They
include Hyundai Motor Group, Hyundai Department Store Group, Hyundai Heavy
Industries Group and Hyundai Development Company. However, most of the former
companies were considered as forming a single broad family business, then it would remain
the largest company in South Korea with enormous economic and political power in the
country.
off coupons. There are many examples of CRM, from banks to supermarkets.
New media - Websites and mobile phones that support a sales promotion. For example, in
the United Kingdom, Nestle printed individual codes on KIT-KAT packaging, whereby a
consumer would enter the code into a dynamic website to see if they had won a prize.
Consumers could also text codes via their mobile phones to the same effect.
demonstrations.
4
Free gifts e.g. Subway gave away a card with six spaces for stickers with each sandwich
purchase. Once the card was full the consumer was given a free sandwich.
Discounted prices e.g. Budget airline such as Easy Jet and Ryanair, e-mailtheir customers
with the latest low-price deals once new flights are released, or additional destinations are
announced.
Competitions and prize draws, in newspapers, magazines, on the TVand radio, on The
Cause-related and fair-trade products that raise money for charities,and the less well off
examples above are focused upon consumers. Don't forget that promotions can be aimed at
wholesalers and distributors as well. These are known as Trade Sales Promotions.
It provides a clear description of each step of the sales process and explains how to sell a
vehicle based on the value of its features and benefits rather then on the overall price of the
vehicle. It also provides helpful ideas for improving the productivity and volume potential.
Sales process.
5
Two more steps are there i.e. prospecting (before greeting) and follow up (after exit interview).
Prospecting
Follow up
Step - 1
STEP 1: GREETING
Objective: Make customers feel welcome and begin to collect information from them.
6
Step - 2
Process Flow:
Customer
arrives
Desk SC
welcomes
customer
Step 2:
Need
SC completes Assessment
Greeting section
of customer
record
7
Objective: Ask open ended questions to identify the customer’s purchase motivators.
Process Flow:
Step - 3
Process Flow:
SC builds customer
relationship by asking
leading questions
SC asks about
purchase motivators
Supervisor
verifies that SC
has identified
customer’s
SC finds out how purchase
the customer wants motivators
to buy
SC obtains agreement on
purchase motivators
SC completes
Needs
Assessment
section of
customer record
8
Step - 4
Process Flow:
SC restates customer’s
purchase motivators
Sc presents brand
image
Supervisor verifies
that SC has
recommended an
appropriate vehicle
Sc discusses vehicles that
meet customer’s purchase
motivators
Step 4:
Product Presentation
9
the customer’s purchase motivator
Step - 5
Process Flow:
SC restates customer’s
purchase motivators
SC summarizes
standard/optional features
Supervisor helps
SC present
vehicle features
that match
customer’s
purchase
Sc presents brand motivator
image
SC provides
competitive
comparison
SC completes the
Product
SC performs six –position vehicle walk around Presentation section
focusing on features/benefits that match of Customer Record
purchase motivators
Step 5: Vehicle
Demonstration
10
Step - 6
Process flow:
SC confirms availability
of vehicle
SC drives to predetermined
point
Supervisor
verifies that SC
presents vehicle
features and
SC demonstrate vehicle benefits during
operation demo
11
Objective: Evaluate the value of customer’s existing vehicle to include trade-in appraisal in a
profitable vehicle purchase
Step - 7
Process Flow:
SC reviews vehicle
disposition methods
SC completes
Trade-In section of
SC links trade- in to sale Customer record
Step 7:
Price Discussion
12
Step - 8
Process Flow:
SC highlights value of
customer’s purchase
motivator
Step 8: Financial
Products and
SC thanks customers Services
13
STEP 8: FINANCIAL PRODUCTS AND SERVICES
Objective: Offer finance products and services to meet customer needs and increase profitability
Step - 9
Process Flow:
Supervisor help SC
present finance products
that match customer’s
SC/FT presents insurance products purchase motivators
to meet customer needs
SC completes financial
products section of the
SC/FT processes customer finance customer record
application
Step 9:
Vehicle Delivery
SC/FT reviews terms before
getting customer signature
14
STEP 9: VEHICLE DELIVERY
Step - 10
Process Flow:
Supervisor submits
SC schedules delivery with paperwork for delivery
service department
SC introduces customer to
service department
Step 10:
Exit Interview
SC thanks customer
15
STEP 10: EXIT INTERVEIW
Objective: Ensure the customer’s satisfaction with the showroom experience and for follow up
Yes
Yes
16
CHAPTER - 2
COMPANY PROFILE
17
Introduction of Company
Hyundai
Former Chaebol
type
Industry Conglomerat
e
Fate Broken
up
Founded 194
7
Founder Chung Ju-
yung
Defunct 200
3
Headquarter Seoul, South
s Korea
Area Worldwid
served e
Products Automobiles
Heavy Industry
18
Retail
Aerospace
Defense
Steel
Hyundai
Hangul 현대
Hanja 現代
McCune–Reischauer Hyŏndae
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor
Company (HMC), South Korea and is the largest passenger car exporter and the second
largest car manufacturer in India. HMIL presently markets 6 models of passenger cars
across segments. The A2 segment includes the Santro, i10 and the i20, the A3 segment
includes the Accent and the Verna, the A5 segment includes the Sonata Transform.
19
HMIL’ s fully integrated state-of-the-art manufacturing plant near Chennai boasts of the
most advanced production, quality and testing capabilities in the country. To cater to rising
demand, HMIL commissioned its second plant in February 2008, which produces an
additional 300,000 units per annum, raising HMIL’ s total production capacity to 600,000
global technology, HMIL has set up a modern multi- million dollar research and
development facility in the cyber city of Hyderabad. It aims to become a centre of excellence
for automobile engineering and ensure quick turnaround time to changing consumer needs.
As HMC’ s global export hub for compact cars, HMIL is the first automotive company in
India to achieve the export of 10 lakh cars in just over a decade. HMIL currently exports
cars to more than 110 countries across EU, Africa, Middle East, Latin America, Asia and
Australia. It has been the number one exporter of passenger car of the country for the sixth
year in a row.
To support its growth and expansion plans, HMIL currently has a 290 strong dealer network
and 580 strong service points across India, which will see further expansion in 2010. To
support its growth and expansion plans, HMIL currently has a 290 strong dealer network
COMPANY’S HISTORY
The beginning of Hyundai Motor Company dates to April 1946 when founder, Ju-Yung Chung
20
established Hyundai Auto Service in Seoul, South Korea at The age of 31 years. The name
Hyundai was chosen for its meaning which in English translates to “modern.” The Hyundai logo
is symbolic of The Company's desire to expand. The oval shape represents TheCompany's global
expansion and the stylized "H" is symbolic of two people (The Company and customer) shaking
hands.
Hyundai Motor India Limited was formed in 6 May 1996 by The Hyundai Motor Company of
Korea. The first production plant was established in Irrungattukotai near Chennai, India.
HMIL's first car, The Hyundai Santro was launched in 23 September 1998 and was a runaway
success. Within a few months of its inception HMIL became the second largest automobile
Australia. It has been the number one exporter of passenger car of the country for the sixth
year in a row.
To support its growth and expansion plans, HMIL currently has a 290 strong dealer network
and 580 strong service points across India, which will see further expansion in 2010. To
support its growth and expansion plans, HMIL currently has a 290 strong dealer network
COMPANY’S HISTORY
The beginning of Hyundai Motor Company dates to April 1946 when founder, Ju-Yung Chung
established Hyundai Auto Service in Seoul, South Korea at The age of 31 years. The name
Hyundai was chosen for its meaning which in English translates to “modern.” The Hyundai
logo is symbolic of The Company's desire to expand. The oval shape represents TheCompany's
21
global expansion and the stylized "H" is symbolic of two people (The Company and customer)
shaking hands.
Hyundai Motor India Limited was formed in 6 May 1996 by The Hyundai Motor Company of
Korea. The first production plant was established in Irrungattukotai near Chennai, India.
HMIL's first car, The Hyundai Santro was launched in 23 September 1998 and was a runaway
success. Within a few months of its inception HMIL became the second largest automobile
Hyundai sells several models in India, The most popular being The Santro Xing, i10 and The
i20.OTheR models Include Getz Prime, Accent, Verna TRANSFORM, Tucson, and The Sonata
Transform.
COMPANY’S VISION
The company’s motto is "Innovation for Customers". The company’s vision is five core
strategies: global orientation, respect for human values, customer satisfaction, technology
innovation, and cultural creation. They have a desire to create an automobile culture of
innovation.
The company’s strive to create a more affluent lifestyle for humanity, and contribute to the
harmony and co-prosperity with shareholders, customers, employees and other stakeholders in
The spirit of creative challenge of the company has been a driving force in leading HMIL to
22
where it is today. It is the permanent key factor for HMIL to actively respond to change in the
company’s the management system and seek creative and self–innovative system. The spirit of
creative challenge, creates profits, are the primary objective of a private enterprise.Furthermore,
the company’s takes responsibility for the environment and society and provide benefits to all
community.
Management Philosophy
With the spirit of creative challenge, we will strive to create a more affluent lifestyle for
humanity, and contribute to the harmony and co-prosperity with shareholders, customers,
The spirit of creative challenge has been a driving force in leading HMC to where it is today.
It is the permanent key factor for HMC to actively respond to change in the management system
and seek creative and self–innovative system. With the spirit of creative challenge, we create
profits, as the primary objective of a private enterprise. Furthermore, we take responsibility for
the environment and society we belong to, and offer sustainable mobility in order to implement
our corporate philosophy and provide benefits to all stakeholders including shareholders,
Based on a respect for human dignity, we make efforts to meet the expectations of all
23
stakeholders including customers and business partnersby building a constructive relationship
corporate values both internally and externally, and gaining confidence stakeholders.
one of our strategies to meet the needs of our stakeholders and the society we belong to. We
24
COMPANY’S MISSION
At a time when India was awakening to the call of freedom, MGF was taking a revolutionary
step that would help hasten the country's development. Today, the MGF Developments
portfolio spans the entire spectrum of small, medium and large-scale equipment finance as well
as big ticket leasing, vehicle financing, Automobiles dealerships, factoring services, consumer
expertise, cutting-edge technology and global scale of operations to deliver 100 percent
recognized as:
The preferred provider of services and integrated solutions in all its areas of
operation.
25
Brand Ambassador of Hyundai Motor India Limited
Film Celebrity Shahrukh Khan is the Brand Ambassador of Hyundai Motor India Limited.
Certainly! Here are some key points regarding Brand Ambassador Marketing for Hyundai
Motor India Limited:
brand.
26
2. Target Audience Connection:
- The choice of a brand ambassador should align with Hyundai's target demographic,
4. Product Endorsement:
- The ambassador can actively promote Hyundai's latest models, features, and
- Leverages the ambassador's social media reach to amplify Hyundai's presence and
6. Event Participation:
romotional activities helps attract media attention and increases brand visibility.
- The ambassador can contribute to creating compelling stories and narratives that
27
Operation
By the mid-1990s Hyundai comprised over 60 subsidiary companies and was active in a diverse
financial services, heavy industry and shipbuilding. In the same period it had total annual
BUSINESS
28
Hyundai
In 1998, after a shake-up in the Korean auto industry caused by overambitious expansion and
In 2000, the company established a strategic alliance with DaimlerChrysler and severed its
In 2004, however, DaimlerChrysler divested its interest in the company by selling its 10.5
Hyundai has invested in manufacturing plants in the North America, China, Pakistan, India, and
Turkey as well as research and development centers in Europe, North America, and Japan.
In 2004, Hyundai Motor Company had $57.2 billion in sales in South Korea making it the
country’s second largest corporation, or chaebol. Worldwide sales in 2005 reached 2,533,695
units, an 11 percent increase over the previous year. Hyundai has set as its 2006 target
Hyundai motor vehicles are sold in 193 countries through some 5,000 dealerships and
showrooms. After a recent survey of global automotive sales by Automotive News, Hyundai is
Hyundai Motor Company’s brand power continues to rise as it was ranked 72nd in the 2007
Best Global Brands by inter brand and Business Week survey. Brand value estimated at $4.5
billion. Public perception of the Hyundai brand has been transformed as a result of dramatic
29
Hyundai in the United States
30
Hyundai Azera
Hyundai Genesis
Hyundai entered the United States market in 1986 with a single model, the Hyundai Excel. The
Excel was offered in a variety of trims and body styles. That year, Hyundai set a record of selling
the most automobiles in its first year of business in the United States compared to any other car
Initially well received, the Excel’s faults soon became apparent; cost-cutting measures caused
reliability to suffer. With an increasingly poor reputation for quality, Hyundai sales plummeted,
and many dealerships either earned their profits on repairs or abandoned the product. At one
point, Hyundai became the butt of many jokes (i.e. Hyundai stands for "Hope you understand
nothing's drivable and inexpensive") and even made David Letterman's Top Ten Hilarious
Mischief Night Pranks To Play In Space: #8 - Paste a "Hyundai" logo on the main control panel.
31
In response, the parent company of Hyundai began investing heavily in the quality, design,
(160,000 km) powertrain warranty (known as the Hyundai challenge) to its vehicles sold in the
United States. By 2004, sales had dramatically increased, and the reputation of Hyundai cars
improved. In 2004, Hyundai tied with Honda for initial brand quality in a survey/study from
J.D. Power and Associates, for having 102 problems per 100 vehicles. This made Hyundai
second in the industry, only behind Toyota, for initial vehicle quality. The company continued
this tradition by placing third overall in J.D. Power’s 2006 Initial Quality Survey, behind only
Hyundai continues to invest heavily in its American operations as its cars grow in popularity. In
1990, Hyundai established the Hyundai Design Centerin Fountain Valley, California. The center
moved to a new $30 million facility in Irvine, California in 2003, and was renamed the Hyundai
Kia Design and Technical Center. Besides the design studio, the facility also housed Hyundai
America Technical Center, Inc. (HATCI, established in 1986), a subsidiary responsible for
all engineering activities in the U.S. for Hyundai. Hyundai America Technical Center moved to
its new 200,000- square-foot (19,000 m2), $117 million headquarters in Superior Township,
Michigan (near Ann Arbor) in 2005. Later that same year, HATCI announced that it would be
expanding its technical operations in Michigan and hiring 600 additional engineers and other
technical employees over a period of five years. The center also has employees in California
and Alabama.
Hyundai America Technical Center completed construction of its Hyundai/Kia proving ground
in California City, California in 2004. The 4,300-acre (17 km2) facility is located in the Mojave
Desert and features a 6.4-mile (10.3 km) oval track, a Vehicle Dynamics Area, a vehicle-
32
handling course inside the oval track, a paved hill road, and several special surface roads. A
30,000-square-foot (2,800 m2) complex featuring offices and indoor testing areas is located on
the premises as well. The facility was built at a cost of $50 million. An aerial view can be found
here.
Hyundai completed an assembly plant just outside Montgomery, Alabama in2004, with a grand
opening on May 20, 2005, at a cost of $1.1 billion. At full capacity, the plant will employ 2,000
workers. Currently, the plant assembles the Hyundai Sonata and the Hyundai Santa Fe. It is
Hyundai’s second attempt at producing cars in North America, as the Hyundai Auto Canada
In 2005, Hyundai allowed Ed Voyles Hyundai in Smyrna, Georgia to become the first "deaf
friendly" dealership in the entire world. The staff in this dealership are able to accommodate
deaf customers with the use of American Sign Language and video conferencing phones.
In 2006 JD Power and associates quality ranking, overall the Hyundai brand ranked 3rd, just
behind Porsche and Lexus, and beating long time rival Toyota.[12] The brand overall is ranked
much higher than the average industry and resale value continues to improve; a comparable
2003 Hyundai Sonata sedan ranks just $2200 below a similarly equipped Honda Accord,
In 2006, Hyundai’s minivan Entourage earned a five-star safety rating – the highest honor the
National Highway Traffic Safety Administration bestows – for all seating positions in frontal
and side-impact crashes. The Insurance Institute for Highway Safety also rates “Good” – its
highest rating – in front, side and rear impacts. The IIHS (Insurance Institute for Highway
33
Safety, United States), in fact, named the 2006 Hyundai Entourage and Kia Sedona a “Gold Top
In 2006, Hyundai was awarded 'Top-rated 2006 Ideal Vehicle' by Auto pacific, Marketing
In 2007 Strategic Vision Total Quality Awards, Hyundai Motors leads the most vehicle
segments in Strategic Vision’s Total Quality Index, measuring the ownership experience. They
attempt to measure more than just the number of problems per vehicle. Hyundai tops in
Strategic Vision Total Quality Awards. For the first time ever, Hyundai has risen to share the
position of having the most models leading a segment. three models with thetop Total Quality
Index (TQI) score in their segments, including the Hyundai Azera, Entourage, Santa Fe.
In 2007, Hyundai’s midsize SUV Santa Fe earns 2007 TOP SAFETY PICK award by IIHS.
In 2007 at the New York International Auto Show, Hyundai unveiled its V8 rear-drive luxury
sedan called Concept Genesis to be slotted above the Azerain the Hyundai line-up. This concept
In 2007 at the Los Angeles International Auto Show, Hyundai unveiled its second rear-drive
concept car, this car, called Concept Genesis Coupe, will be Hyundai’s first sports car due to
In 2008, Hyundai Santa Fe and Hyundai Elantra awarded 2008 Consumer Reports "top pick"
which was among the top 10 vehicles for 2008 unveiled in the magazine's issue. The magazine's
annual ratings, based on road tests and predicted safety and reliability are considered highly
influential among consumers. [23] and Hyundai Elantra earned Consumer Reports' 'excellent'
34
rating in predicted reliability. Hyundai Elantra is Consumer Reports top- ranked 2008 vehicle
amongst 19 other compacts and small family cars. Beating out such high-quality stalwarts as
In 2008, at the North American International Auto Show, the production version of the luxury
& performance-oriented Hyundai Genesis sedan made its debut, dealerships will have the
In 2008, at the New York International Auto Show, Hyundai debuted it's production version of
the performance-oriented rear-drive Hyundai Genesis Coupe, slated to hit dealerships in early
2009.
2009, Hyundai has announced the five-door hatchback variant of the Elantra compact sedan will
carry the name Elantra Touring when it goes on sale in the spring as a 2009 model.[25]
US sales
CalendarYear
Sales
2014 244,391
2015 346,235
2016 375,119
2017 400,221
2018 418,615
2019 455,012
2021 455,520
35
2022 467,009
2023 401,742
Electric vehicles
Hyundai plans to begin producing hybrid electric vehicles in 2009. The Avante will be the first
vehicle to be produced.
Since 2004, Hyundai has supplied about 3,000 hybrid versions of its Getz and Accent small
cars to government fleets as part of a testing program. The automaker cites a lack of local tax
benefits for purchasing hybrids as a barrier to its hybrid development program. But Hyundai
The new hybrid electric Sonata will make its debut at the Los Angeles International Auto Show
in November 2008. Hyundai expects to release it inthe U.S. market in 2010, featuring lithium-
Environmental record
On April 23, 2008 Hyundai Motor announced the beginning of a five-year project to turn 50
km² of infertile land into grassland by 2012. Hyundai is doing so with the help of the Korean
Federation for Environmental Movement (KFEM). The project, named Hyundai Green Zone,
is located 660 km north of Beijing. The goal of the project is to end the recurring dust storms in
Local weeds will be planted in the region that have the ability to endure sterile alkaline soil.
36
This is the first environmental project of the company’s social contribution program.
Hyundai Motor plans to aid Chevron Corporation in the construction of up to six hydrogen
fueling stations that will be located in California, including locations at the University of
California-Davis and the Hyundai America Technical Center in Chino. Hyundai is going to
provide a collection of 32 Tucson fuel cell vehicles, which are powered by UTC Fuel Cell power
plants.
Motorsport
1998 and 1999. In September 1999, Hyundai unveiled the Accent WRC, a World Rally Car
based on the Hyundai Accent. The Hyundai World Rally Team debuted the car at the 2000
Swedish Rally and achieved their first top-ten result at that year's Rally Argentina, when Alister
37
McRae and Kenneth Eriksson finished seventh and eighth, respectively. Eriksson later drove
the car to fifth place in New Zealand and fourth inAustralia. In 2001, Hyundai debuted a
new evolution of the Accent WRC, which was intended to improve reliability, but the
performance of the car was still not good enough to challenge the four big teams (Ford,
Mitsubishi, Peugeot and Subaru). However, at the season-ending Rally GB, the team achieved
their best result with McRae finishing fourth and Eriksson sixth.
For the 2002 season, Hyundai hired the four-time world champion Juha Kankkunen, along with
Freddy Loix and Armin Schwarz. Kankkunen's fifth place in New Zealand was the team's best
result, but they managed to edge out Škoda and Mitsubishi by one point in the battle for fourth
place in the manufacturers' world championship. In September 2003, after a season hampered
by budget constraints, Hyundai announced withdrawal from the WRC and a plan to return in
2006.
Electric propulsion
Hyundai plans begin producing hybrid electric vehicles in 2009. They are going to use Hybrid
The Avante will be the first vehicle to be produced.. Other are the Santa Fe Hybrid, the Elantra,
Sonata Hybrid (to the U.S. market in 2010) and the Hyundai i20 (this last, replaces the Getz)
PRODUCT RANGE
Accent
Atos/Santro
38
Azera
Dynasty
Elantra
Genesis
Genesis Coupe
Click/Getz
Grandeur XG/XG300/XG350
Grandeur/Azera
Matrix/Lavita
Sonata/i40
Tiburon/Coupé/Tuscani
i30
i20
i10
39
Galloper (Rebadged Mitsubishi Pajero) (Originally produced by
Hyundai Precision Industry)
H-1/Satellite/Starex/Libero/H-200
Hyundai H-1/iMax/i800
HD1000 (Minibus/Porter)
Santa Fe
Starex
Terracan
Trajet
Tucson
Veracruz
Commercial vehicles
Ford D Series
Ford DK Series
Ford R Series
40
HM 1630 suburban bus
Aero City
Hyundai DQ-7
Chorus
County (e-County)
e-Mighty
Hyundai FB
HD160
HD170
Mega Truck
Mighty II
Hyundai RB
41
Super Truck
Trago
Universe
Hyundai ix20
The Hyundai ix20 is a mini MPV produced by the South Korean manufacturer Hyundai, which
debuted at the 2010 Paris Auto Show. The car is built on the same platform as the Hyundai i20,
Kia Venga, and Kia Soul. The ix20 employs Hyundai's new "Fluidic Sculpture" design
language.It is currently sold exclusively in Europe and it is the replacement for the Matrix.
Hyundai i40
42
The Hyundai i40 is a large family car designed for the European market by South Korean
manufacturer Hyundai. Sharing its platform with the US marketed Hyundai Sonata, the i40
In some markets the Sonata remains on sale as a separate model, such as the USA, where the
The estate variant of the i40 was released in Europe and South Korea in September 2011,
followed by the sedan variant in January 2012, and it is also available in Australia and New
Zealand. For Malaysia, Hyundai launched the i40 at the 2013 Kuala Lumpur International Motor
Show, in both sedan and tourer specifications. It is placed above the Hyundai Sonata. The engine
is the 2 litre GDI motor which is linked to a paddle shifted six- speed automatic gearbox.
COMPETITORS
MARUTI SUZUKI
HONDA
TATA
TOYOTA
FORD
NISSAN
43
Comparison Between Hyundai Eon and Maruti 800
The wraps are off the much-awaited entry-level small car from Hyundai India. The car, to be
called Eon, is the South Korean car maker's challenge to Maruti's Alto, the current bestseller
in the segment in India. It has enter the Indian roads between October 10 and 15, days ahead of
Although Eon is positioned against Alto, the car promises a lot more than what the latter offers.
"There is no car that is comparable with Eon. Yes, it is an entry-level car but with no
compromise. It is a very spacious car with a large boot - something that you get only in bigger
cars. And most importantly it doesn't compromise on style," said Arvind Saxena, Hyundai India
Eon sports the 'Fluidic' design characteristic of the restyled Verna that threw a serious challenge
to its rivals like Honda City and Volkswagen Vento after its makeover. Although the company
officials refused to divulge the price of the car other than saying that it would be "competitively
priced and finalised only closer to the launch in October", ET has learnt from its sources at two
44
Hyundai dealerships that the base version of the car is being priced between Rs 2.50 lakh and
Rs 2.60 lakh. The upper end of the car will cost less than the base variant of Hyundai's bigger
sibling i10. Rival Alto sells at Rs 2.32 lakh (base variant ex-showroom price Delhi).
Alto 800
While Alto may be the nearest rival to Eon, the company said the comparison is not really
oranges to oranges as Eon comes with a number of high-end features. With an 814 cc engine,
Eon promises a mileage of 21.1 km. Eon compares with Alto in length (3.5 meter), but is
Asked if it would not cannibalize its successful and only slightly higher priced Santro (Santro
base price is Rs 2.80 lakh in Delhi), Saxena said, "The Eon will expand our market share by
45
cannibalizing into our competitors products. Santro is positioned very differently from the
Eon appears to score over its rivals with features that one sees only in biggercars, like keyless
entry, driver air bags, front power windows, fog lamps, central locking, two-tone interiors. "Eon
is targeted at the first time buyer who is young, who has just started earning. It is also targeted
at the young family that is looking for its first car," Saxena told ET.
Hyundai said Eon was conceived, designed and produced exclusively for theIndian market. The
Eon project director YH Song said that the car, the smallest ever produced by the company, was
in the making for the past four years. The sporty design and the functional interiors of the final
product were the result of a series of interactions the company's global R&D officials have had
with National Institute of Design, Indian auto journalists, renowned Indian auto designer Dilip
Chhabria and a number of other designers. "The company's R&D centre at Hyderabad was
totally involved with the project, especially in developing important components for the car,"
Saxena said. Eon, however, will have to brace for competition from the country's largest car
maker Maruti when it launches its latest version of the earlier 800. But that would be at least a
year away.
ACHIEVEMENTS
Hyundai Motor India, India’s second largest car maker on Monday achieved significant
milestone when the cumulative exports of the car company crossed the 10 lakh mark.
HW Park, managing director & CEO, HMIL said, “Reaching the 10lakh export car landmark is
not only a significant milestone but also a matter of great pride for the Hyundai family as it
46
showcases the global success story that Hyundai as a brand enjoys.” He also flagged off the one
HMIL began exporting cars in 1999 when it shipped a batch of 20 Santro to Nepal and it reached
the first milestone of exporting 100,000 cars in four years and ten months in October, 2004. In
October, 2005 it exported its 200,000th car followed by its 300,000th car and 400,000th car in
October, 2006 and August, 2007 respectively. By exporting the 500,000th car in March, 2008,
HMIL had become the fastest Indian passenger car manufacturer to achieve this milestone. In a
little over a decade since Hyundai has been present in India it has become the leading exporter
of passenger cars with a market share of 66% of the total exports of passenger cars from India
The company has also started exporting cars to Australia and is the only manufacturer to do so
Currently, Hyundai Motor India is exporting four of its popular models namely - Santro i10, i20
and Accent to 110 countries. In 2009, in spite of a global slowdown, Hyundai Motor India’s
exports grew by 10.7%. In 2010 Hyundai plans to add 10 new markets with Australia being the
latest entrant to the list. The first shipment to Australia is of 500 units of the i20 and the total
In 2008, Hyundai witnessed the fastest exports of five lakh cars from India to various
destinations including UK, HMIL Vice-President (Sales and Marketing) Arvind Saxena said.
Terming it as a "significant milestone", State Industries Secretary Rajeev Ranjan said, “It is no
small achievement. This has been done in a record time". "In 2008, they have exported five lakh
cars but this year they have doubled it. It is a significant milestone” he said.
47
Lauding Hyundai's feat, Chennai Port Trust Chairman Subhash Kumar said two multilevel car
parkings have been planned in the Port. Urging the Union government to continue the fiscal
stimulus package, Saxena said exports may come down if it was withdrawn. "If the stimulus
package is withdrawn, then the exports may come down. We have been emphasising the need
for extending it", he said adding the demand came down 7.5 per cent in countries like Russia
Hyundai Motor India Ltd. (HMIL) has said that it is confident of adding 10 new markets to its
Export Milestone
July 21, 2000 First major export-shipment of 760 Accent and Santro carsrolls out of the
Chennai Port for Algeria March 13, 2003 Hyundai MotorIndia commences exports to
Latin America August 12, 2003 Exportshipment of 1,500 Santro Xing cars leave for
Europe, HMI becomes thesmall cars export hub for Hyundai Motor Company October 31,
2004 HMILcrossed the figure of 1 lakh vehicles in exports and emerged as the largestexporter
in the Indian automobile industry October 18, 2005 HMI exportedits 2 lakh car to the overseas
market November 29, 2005 HMI exports itsfirst shipment to UK October 31, 2006 Hyundai
Motor India rolls out thefastest 300,000th export car March 26, 2007 Hyundai Motor India
ships outthe first Getz June 1, 2007 Hyundai Motor India adjudged the Top Exporterof the
Year for 2005-06 in the category of ‘Large Enterprises’ and receivedthe Gold Trophy by the
units March 27, 2008 FastestExport of 5 lakh units June 11, 2008 Fastest Export - Over One
lakh units ofi10 exported since its launch in Oct 31, 2007 November 5, 2008 Hyundaiexports
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its first batch of ‘i20’ to European market. The first export consignment comprised 2,820
units of ‘i20’.
December 16, 2008 Hyundai Motor India awarded with the ‘Niryat Shree’Silver Trophy for
11, 2009 Hyundai Motor India conferredthe Top Exporter of the Year for 2006-07in
the category of ‘LargeEnterprises’ and received the Gold Trophy at the Southern Region
AnnualAward Presentation by the Engineering Export Promotion Council (EEPC). March 25,
2009 Hyundai Motor India honored with ‘EXIM AchievedAward’ for the year 2008 by Tamil
Chamber of Commerce August 29, 2009 Hyundai Motor India Ltd. receives the EEPC
‘National Award for ExportExcellence for 2007-08. Hyundai won the Gold Trophy in the
Sales
49
FUTURE PROSPECT
Hyundai is currently the only auto company in the world that has not decreased
production.
Despite the current recession Hyundai is moving forward and expanding is market share
through: marketing and advertisements depicting the labors of their high intensive R&D
Hyundai is investing millions into hybrid and electric cars and plans to start producing
Hyundai is already a industry leader with its standard cars rating at 25-35 mpg without
Hyundai is also expanding its brands into a higher luxury brand, while its newly acquired
Kia brand is covering more of the lower price market as it works to transform its image
In 2010 and 2011 Hyundai will release over 8 newly redesigned and improved models
Also Hyundai plans to release its newest giant killer the Hyundai Equus, a high end
luxury car to compete with the Mercedes S class (some of the worlds most expensive
cars).
Hyndai is bringing the future now and is introducing new concept cars and making ideas
into realities through R&D, an improved design team, and vertical integration into the
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HYUNDAI VERNA
HYUNDAI GRAND
I10
51
HYUNDAI GRACE
SALES PROMOTION
Market dominance
Promotional Content
Advertising / Branding Direct marketing / Personal Sales Product placement /
Public relations/Publicity
Promotional Media
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Sales promotion is one of the four aspects of promotional mix. (The other three parts of
the promotional mix are advertising, personal selling, and publicity/public relations.) Media
and non-media marketing communication are employed for a pre-determined, limited time
Examples include:
o contests
o rebates
Sales promotions can be directed at either the customer, sales staff, or distribution channel
members (such as retailers). Sales promotions targeted at the consumer are called consumer
sales promotions. Sales promotions targeted at retailers and wholesale are called trade sales
promotions. Some sale promotions, particularly ones with unusual methods, are considered
gimmick by many.
o Loyal Reward Program: Consumers collect points, miles, or credits for purchases
and redeem them for rewards. Two famous examples are Pepsi Stuff and Advantage.
o Cents-off deal: Offers a brand at a lower price. Price reduction may be a percentage
o Price-pack deal: The packaging offers a consumer a certain percentage more of the
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o Coupons: coupons have become a standard mechanism for sales promotions.
o Loss leader: the price of a popular product is temporarily reduced in order to stimulate
o Free-standing insert (FSI): A coupon booklet is inserted into the local newspaper for
delivery.
o On-shelf couponing: Coupons are present at the shelf where the product is available.
purchased.
o On-line couponing: Coupons are available on line. Consumers print them out and take
o Mobile couponing: Coupons are available on a mobile phone. Consumers show the
with the promoted product. See an example of the Interactive Internet Ad for tomato
ketchup.
o Rebates: Consumers are offered money back if the receipt and barcode are mailed to
the producer.
o Point-of-sale displays:-
• Aisle interrupter: A sign that juts into the aisle from the shelf.
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• Dump bin: A bin full of products dumped inside.
product.
product.
o Trade contest: A contest to reward retailers that sell the most product.
o Push money: also known as "spiffs". An extra commission paid toretail employees
to push products.
Trade discounts (also called functional discounts): These are payments todistribution
55
POLITICAL ISSUE
Sales promotions have traditionally been heavily regulated in many advanced industrial
nations, with the notable exception of the United States. For example, the United Kingdom
formerly operated under a resale price maintenance regime in which manufacturers could
legally dictate the minimum resale price for virtually all goods; this practice was abolished
in 1964.
Most European countries also have controls on the scheduling and permissible types of
sales promotions, as they are regarded in those countries as bordering upon unfair business
practices. Germany is notorious for having the most strict regulations. Famous examples
include the car wash that was barred from giving free car washes to regular customers and
a baker who could not give a free cloth bag to customers who bought more than 10 rolls.
PROMOTIONAL MIX
identified sponsor. Examples: Print ads, radio, television, billboard, direct mail, brochures
and catalogs, signs, in-store displays, posters, motion pictures, Web pages, banner ads, and
emails.
Personal Selling - A process of helping and persuading one or more prospects to purchase
a good or service or to act on any idea through the use of an oral presentation. Examples:
Sales presentations, sales meetings, sales training and incentive programs for intermediary
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Promotions- Incentives designed to stimulate the purchase or sale of a product, usually in
the short term. Examples: Coupons, sweepstakes, contests, product samples, rebates, tie-
Public relations - Paid intimate stimulation of supply for a product, service, or business
57
CHAPTER - 3
58
Objective of the Study
Based on the problem the objective of the research is divided into two whichare as follows:
Analyze consumer satisfaction and sales promotion of Hyundai for different cars.
In the dynamic automotive industry, the influence of advertisements and sales strategies on
car buyers is a subject of significant interest. This study aims to delve into the multifaceted
ways in which advertising campaigns and sales techniques shape consumers' decisions
when purchasing a vehicle. By examining both psychological and practical aspects, this
on car buyers.
Through carefully crafted visuals, narratives, and messaging, advertisers aim to evoke
emotions and create a lasting impression. A successful advertising campaign can create a
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sense of aspiration, associating a particular car model with lifestyle and identity. This
emotional connection often influences potential buyers to lean towards a specific brand.
advertised vehicle.
While advertisements set the stage, sales strategies are the actors in the theater of car
purchasing decisions. The sales process involves various elements, such as dealer
decision-making process.
Dealerships play a crucial role, as the interactions between sales representatives and
potential buyers can significantly impact the customer's perception of the brand and the
vehicle. A knowledgeable and courteous sales team can enhance the overall buying
Promotional offers and financing options are additional elements that can sway a buyer's
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The Role of Reviews and Social Influence:
In the age of digital connectivity, online reviews and social media play a vital role in
shaping consumer opinions. Prospective car buyers frequently turn to reviews and
recommendations from peers on platforms such as social media, forums, and review
websites. Positive reviews can reinforce the effectiveness of advertising efforts and sales
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CHAPTER - 4
RESEARCH METHODOLOGY
62
RESEARCH METHODOLOGY
Research in common parlance refers to a search for knowledge. The advanced learner’s
dictionary of current English lays down the meaning of research as “a careful investigation of
enquiry especially through search for new facts in any branch of knowledge.”
The systematic approach concerning generalization and the formulation of a theory is also
research. The purpose of research is to discover answers to questions through the application
of scientific procedures.
“A research design is the arrangement of conditions for collection and analysis of data in a
manner that aims to combine relevance to the research purpose with economy in procedure.”
- JOHN.W.BEST
Research may be defined as “any organized inquiry designed and carried out to provide
- EMORY
63
4.1 RESEARCH DESIGN
Descriptive research design studies are those studies, which are concerned with describing the
character of a group.
The researcher makes a plan of the study his research work. That will enable the researcher to
save and resources such a plan of study or blue print or study is called a research design.
Three main purposes of research are to describe, explain, and validate findings. Description
emerges following creative exploration, and serves to organize the findings in order to fit them
The reason to adopt the descriptive research is due to the type of research question, design, and
data analysis that will be applied to a given topic. Descriptive statistics tell what is, while
inferential statistics try to determine cause and effect. Descriptive research aims at fact finding
& more often is based on surveys .It’s purpose to describe the present state of affairs of the topic
of study. It is more focused than an exploratory study. It provides basic information for
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4.2 SAMPLEING TECHNIQUE
SAMPLE SIZE
The sample size consists of 100 units out of which the most logical and non biased
response are selected thus the sample size is taken out to be 100 units.
AREA OF STUDY
Sultanpur,Uttar Pradesh
SAMPLE PROCEDURES
In this study convenient sampling method was adopted. First each organizationwas divided into
Marketing and under writing departments. From this department, the respondents were selected
INTERVIEW SCHEDULE
The interview schedule has been used to collect the data. Information can be gathered
even when the respondents happen to be literate or illiterate.
TABULATION
table for recording the filled in interview schedule. These tables are of immense help
to analysis by using the statistics tools help to analysis by using the statistical tools.
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4.3 TYPES OF DATA & DATA COLLECTION
Sources of Data Collection Primary data was collected by conducting Interview and
It is a survey method. The questionnaire and interview schedule, personal interview will be
relied upon for gathering primary data. An aggregate of 100 respondents from various
customerss responded to the questionnaire.
For the purpose of secondary data books, articles, reports, news papers, Surveys, Internet, are
planned to be used.
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CHAPTER - 5
67
DATA ANALYSIS & INTERPRETATION
120
100
No.of Respondent
40
20
Interpreation:
The above graph reveals that 48% of the respondent opt four wheeler for Status 31% of
respondent for the need on the regular bass 11%of the repondent opt for comfort of
service,and 10% of the respondent opt four wheeler for the style.
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Q.2. HOW YOU AWARE ABOUT HYUNDAI CARS?
TV Ads
Magazine 21 24.0
Friends 24 12.0
Internet 12 10.0
120
100
No.of respondent
Percentage
20
Interpretation:
From the above graph shows that 33% of the respondent came to know of Hyundai car
internet.the above explained that majority of respondent are tv ads and magzines.
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Q.3. What is your perception about HYUNDAI Motors?
Best 43 43.0
Good 26 26.0
Ordinary 17 17.0
No comment 00 00
Poor 14 14
Interpretation:
The above graph reveals tha best perception coms from 43%,26% have goodperception at
the HYUNDAI car rest by 17% have ordinary ,14% have poor perception.
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Q.4. What is the standard of car in HYUNDAI MOTORS?
Excellent 12 12%
Better 32 32%
Good 23 23%
No Comment 08 8%
Poor 23 23%
Worst 2 2%
Poorest 0 0%
120
100
No of Respondent
Interpretation:
The above graph showing the standard of HYUNDAI car 12% customer says the standard
is execellent,32% says beter,23% says goodstandard,8% no gave any comment this but
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Q.5. On the basis Price and Feature comparision,is HYUNDAI MOTOR economical?
Extremely agreed 20 20
Highly agreed 30 30
Agreed 25 25
No comment 12 12
Dis greed 13 13
Highly agreed 0 0
Extremely disagreed 0 0
35
No of Respondent
Interpretation:
negative
72
Q.6. what is your perception about the maintainance cost of HYUNDAIcars?
Economical 23 23
Trendy 39 39
Safety 5 5
Etc 3 3
Interpretation:
73
Q.7. Which feature of HYUNDAI cars attract you more?
Luxury 30 30%
Price 20 20%
Safety 20 20%
Etc 14 14%
No of Respondent
Style &
Interpretation:
30% people like HYUNDAI cars due to luxurity,20% dueto price,20%due to safety and
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Q.8. For passenger segment which is the highly considerable competition forHYUNDAI
MOTORS?
Maruti 45 45
Honda 10 10
Tata 14 14
Skoda 08 8
Chevrolet 12 12
Ford 7 7
Toyota 1 1
M&M 3 3
120
100
80
60
No of
Respondent
40 Percentage
20
Interpretation:
Most of public’s perception about competitor was, Maruti isthe big compet of
HYUNDAI, rest of companies has little competition due to the model of cars, HYUNDAI
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Q.9. In term of new design of car, what is the status of HYUNDAI motors?
Excellent 17 17
Better 47 47
Good 21 21
No comment 2 2
Poor 3 3
Worst 7 7
Poorest 3 3
No of Respondent
15
10
comment
Interpretation:
Above graph showing the performance of HYUNDAI newcar design 17% public says its
new model are excellent performance,47% says better and 21% says good performance
76
Q10. How would you rate HYUNDAI Motors on the following parametre?
Knowledge sales 0 1 0 3 0
person
Employees spent 0 0 0 3 1
enough time with you
“Before Sales”
Employees spent 0 2 0 1 1
enough time with you
“During sales”
Employees spent 3 0 3 1 1
enough time with you
“After Sales”
Display of 1 1 2 2 0
Merchandise is
attractive
Availability of the 3 0 0 3 2
Product
Variety/Selection of 0 0 0 0 0
the Merchandise
Vehicle in good 0 0 0 2 1
condition
Attractive discount 0 0 0 5 3
offered
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Décor of the waiting 3 0 0 2 1
area is pleasing
Respond to complaints 0 1 2 2 1
quickly
Service at Hyundai 0 0 2 3 3
service station is
excllent
Total 12 10 11 38 29
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Sales
Strongly Disagree
Disagree
Interpretation:
The ratings that 29% are strongly agree and 10% are disagree,12% says that they are
strongly disagree ,and 11% don’t havecomment,32% are agreed to the ratings.
79
Q11. Are you aware of the following Facilities provided by HYUNDAI motor?
Particulars Yes No
Hyundai insurance 10 2
Extended Warranty 9 12
True value 4 0
Auto card 14 12
Genuine Accessories 16 9
Hyindai Finance 6 6
YES
Interpretation:
The figure showing only 59% people know about the offersand facilities of Hyundai, rest
80
CHAPTER-6
FINDINGS
81
FINDINGS
Most of the auto customers are male falling into the age group of 18 to 30 years
class.
Most of the customers believe that corporate advertising does not influence their
purchase decision, it just helps to build the brand awareness and positioning. Quality
of the product serves as the main reason for preferring a particular automobile brand.
Recommendations from people and the customer opinions or blogs posted online
serves are the most trusted form of advertisements amongst auto customers
Performance of the car acts as the top most feature which customers take into
consideration while purchasing a new car. Comfort and safety stands at the second
Most of the ads recalled by the automobile customers was an unaided recall. In this
Maruti topped the list because of its long term existence. Many other recently
82
Ads of automobiles focusing on features and technology used in cars are able to
generate enough curiosity amongst the customers and able to pull the customers out
of their houses to the showrooms in order to have detailed knowledge about the car.
Around 60% of the customers think that using a celebrity for the promotion of car is
just wastage of money for the manufacturer and they stress on using a common man
in the ads for better association with the ad. Even by holding expert talks a lot of trust
45% of the customers come across an automobile ad in a day just once or twice and
83
CHAPTER-7
84
SUGGSTIONS & RECOMMENDATIONS
1. Aggressive Ad Campaign:
- SAS Hyundai should strategically place hoardings in various key locations across
3. Attractive Schemes:
competitive pricing.
- Offering exclusive packages for routine maintenance and discounts on parts can
85
4. Personal Touch with the Customers:
servicing.
schemes, and maintaining a personal touch, Shree Hyundai can create a comprehensive
86
CHAPTER-8
CONCLUSION
87
CONCLUSION
The proposed effort for innovating Hyundai car sales includes various elements such as
road shows, TV advertisements, and mouth publicity to enhance brand visibility and
engagement.
2. Attractive Offers:
enticing free gifts like music systems and accessories, aims to attract and retain
The project is positioned as a key to unlocking greater comfort for all segments of the
4. Brand Loyalty:
A notable aspect is the high level of brand loyalty among Hyundai customers. While a
small percentage might consider exploring other brands, this exploration is often driven
5. Performance Comparison:
Hyundai's performance stands out positively when compared to other brands. This
88
6. After-Sales Service:
Recognizing the significance of after-sales service, the project emphasizes the importance
of providing excellent post-purchase support. This key feature plays a pivotal role in
influencing brand loyalty, as satisfied customers are more likely to remain loyal to the
Hyundai brand.
It is noted that some customers explore other brands not due to dissatisfaction but as an
8. Continuous Innovation:
The conclusion suggests that ongoing innovation in sales and marketing strategies is
crucial for staying ahead in the competitive market, ensuring Hyundai remains a
9. Customer Satisfaction:
The project aims to enhance overall customer satisfaction by not only offering quality
products but also by providing a positive and fulfilling experience throughout the
Acknowledging that customer preferences may evolve over time, the conclusion
89
CHAPTER-9
90
LIMITATIONS OF THE STUDY
1. Illiteracy Hindrance:
The survey faced a notable limitation due to the prevalence of illiteracy among
throughout.
2. Uncertainty in Responses:
3. Time Constraint:
The project had a restricted timeframe, limited to 10 weeks, primarily conducted for
academic purposes. This time constraint may have impacted the depth and breadth of the
4. Limited Scope:
91
The study was confined to a specific duration and academic context, possibly restricting
the generalizability of findings beyond the defined parameters. The narrow focus may
omit broader socio-economic or cultural factors that could influence the study outcomes.
As with any survey, there exists the inherent risk that information supplied by informants
may be inaccurate. This potential inaccuracy could introduce a level of bias or error into
the study, impacting the overall precision and reliability of the results.
6. Sampling Bias:
The sample group might not be fully representative of the broader population due to
potential sampling bias. This limitation could affect the study's external validity, making
7. Resource Constraints:
Limitations in terms of available resources, both in terms of time and financial means,
may have impacted the comprehensiveness of the survey design and execution.
Respondents may have been inclined to provide socially desirable answers rather than
92
expressing their true opinions or experiences, leading to a potential bias in the collected
data.
9. Technology Constraints:
If the survey heavily relied on technology, factors such as limited access to devices or
technological literacy among participants could have introduced barriers, affecting the
The study may have faced ethical dilemmas, such as ensuring informed consent,
These limitations collectively underscore the complexity and multifaceted nature of survey-
based research, emphasizing the need for careful consideration and interpretation of results
93
BIBLIOGRAPHY
94
BIBLIOGRAPHY
India today
Business standard
Web sites
www.hyundai.com
www.altavista.com
95
ANNEXURES
96
QUESTIONNAIRE
Name………………
Age
Annual Income
News paper
T.V ad
Trade show
Internet
Peer group
Personal approach by dealer
97
2. - Which language News paper and T.V channel do you prefer?
(1) Hindi
(2) English
(3) Other
3. - Have you seen Hyundai Advertisement (print ad or T.V commercial)?
Yes No
Print ad
T.V commercial
4. - Was that Advertisement effective?
Yes
No
5- What was the influencing power of advertisement?
Social Media
News paper
T.V Ads
Influencer Marketing
98
Hyundai
News paper
7. - Which car Advertisement is effective? Please rank 1 to 5 as below cars.
Rating Scale-
1 2 3 4 5
(2) SWIFT
(3) BRIO
(4) Indigo CS
8. - Which influencing power of the advertisement motivate you to buy the product?
Social Media
News paper
T.V Ads
Influencer Marketing
99
9. - Which additional benefit are you getting with Hyundai, Swift Desire,Indigo
CS and Icon Ford?
Discount
Free accessories
Free gift
Extended warranty
Registration
Offers
Test Drive
Yes
NO
100