Sanjay Report Part 4
Sanjay Report Part 4
COMPANY PROFILE
new vision for the future: “lifetime partner in automobiles and Beyond
Hyundai celebrates its 45th anniversary this year. Beyond all expectations, it has
emerged as a new big player among the world’s top automotive companies.
however, hyundai will not settle for that, and will continue to seek out bigger
possibilities with the same passion and spirit of challenge as the beginning.
From providing cars to being a lifetime partner, hyundai will accompany people
all over the world in their everyday lives. 1967~2000
Motor Show
to 2014
Global Presence
Product Lineup
Financial Performance
Key Competitors
Strategic Vision
Conclusion
Hyundai Motor Company has transformed from a regional automotive
manufacturer into a global leader in the automotive industry. With its emphasis
on innovation, quality, and customer satisfaction, Hyundai is well-positioned to
navigate the complexities of the automotive market and capitalize on future
growth opportunities. The company’s commitment to sustainability,
technological advancement, and strategic global expansion continues to drive
its success and shape its future.
CHAPTER- 4
REVIEW OF
LITERATURE
When conducting a review of literature on customer perception, it's essential
to cover several key areas, including the definition of customer perception,
factors influencing it, its importance in business strategy, methods for
measuring perception, and its implications for customer satisfaction and
loyalty. Below is an outline and summary of these topics based on existing
literature.
6. Conclusion
The literature on customer perception underscores its importance as a key
determinant of business success. Companies that prioritize
understanding and positively influencing customer perception are better
positioned to foster loyalty, enhance customer satisfaction, and achieve
long-term profitability.
7. Recent Trends
• Digital Transformation: With the rise of e-commerce and social media,
customer perception is increasingly influenced by online interactions
and digital touchpoints.
• Personalization: Personalizing products, services, and communication
is becoming crucial as customers expect more tailored experiences,
which positively influences their perception.
• Corporate Social Responsibility (CSR): Customers are increasingly
valuing ethical and sustainable business practices, which can
significantly impact their perception of a brand.
This outline provides a comprehensive overview of the factors that influence
customer perception and its importance in business strategy. The literature
suggests that companies must continually monitor and manage customer
perception to remain competitive in today's market.
The process of customer perception involves several stages that influence how consumers
interpret and respond to products, services, and brands. Here’s a breakdown of the key
stages in this process:
1. Stimulus Exposure
2. Attention
• Definition: The stage where customers focus on specific stimuli, filtering out irrelevant
information.
• Influencers: Emotional appeal, novelty, and personal relevance can enhance attention.
Customers are more likely to engage with messages that resonate with their experiences
or aspirations.
3. Interpretation
4. Evaluation
5. Memory Formation
• Definition: Information from the evaluation process is stored in memory for future
reference.
• Types of Memory: This can include episodic memories (specific experiences) and
semantic memories (general knowledge about a brand or product). The stronger the
emotional connection, the more likely it is to be remembered.
6. Behavioral Response
• Definition: Based on their perceptions, customers make decisions and take actions,
such as purchasing, recommending, or avoiding a product.
• Influence on Loyalty: Positive perceptions often lead to repeat purchases and brand
loyalty, while negative perceptions can result in switching behaviors.
7. Post-Purchase Evaluation
• Definition: After the purchase, customers reflect on their experience, which can
reinforce or alter their perceptions.
• Cognitive Dissonance: Customers may experience doubt or regret, particularly if the
product doesn’t meet their expectations. This can lead to changes in future purchasing
behavior or brand perception.
Understanding customer perception offers several advantages for businesses. Here are
some key benefits:
• By understanding how customers perceive products and services, businesses can tailor
offerings to better meet expectations, leading to increased satisfaction.
4. Competitive Advantage
6. Informed Decision-Making
• Awareness of how customers perceive a brand can help companies address negative
perceptions proactively, minimizing damage during crises.
• Engaging with customers to understand their perceptions fosters trust and strengthens
relationships, leading to higher levels of engagement.
• Satisfied customers with positive perceptions are more likely to recommend a brand
to others, boosting organic marketing efforts.
CHAPTER - 5
RESEARCH
METHODOLOGY
Research
Methodology
Research
Research is a process of systematic inquiry
that entails collection of data;
documentation of critical
information; and analysis and interpretation
of that data/information, in accordance
with suitable methodologies set by specific
professional fields and academic disciplines.
It is a voyage of discovery.
Research is conducted with a purpose to:
RESEARCH DESIGN
(A) DESCRIPTIVERESEARCH
Collecting data
SAMPLING TECHNIQUE
SAMPLE DESIGN
The sample design provides information on the target
information and final sample sizes. I have used conveyed
convenient sampling surveyed in research.
METHOD OF SAMPLING
SAMPLE SIZE
Sample size refers to the numbers of respondents researcher have
selected for the survey. I have selected 100 respondents.
Both primary and secondary data were collected to meet the objective.
Source of Data
Because:-
It is more economical
comfortable while
answering the
Questions asked
Company Reports.
Pamphlets.
Magazines.
Personnel Department.
Hooks on communication
From
53
STUDENT
GOVERNMENT SERVICE 13
BUSINESSMEN 34
TOTAL 100
INTERPRETATION:
The above chart presents that out of 100 respondents, 53 respondents are from
student background, 13 respondents are involved in government services and
the remaining 34 respondents had their own busines
From this now I have clear picture of which type of people had been chosen, so it
would be easier for me to observe the perception of the consumers towards
automobiles companies.
TABLE NO. 2
Response Percentage
YES 70%
NO 30%
Percentage
30%
70% YES
NO
INTERPRETATION:
Response Percentage
Percentage
20%
Good Facility
50% Good Quality
Better Mileage
30%
INTERPRETATION:
TABLE NO.4
Response Percentage
Broadcasting 30%
Publication 24%
Percentag
2%
3%
Broadcastin
Product
Word of
Publicatio
2%
2%
INTERPRETATION:
TABLE NO.5
Response Percentage
Average 17%
Good 50%
Excellent 33%
Percentage
17%
33%
Average
50% Good
Excellent
INTERPRETATION:
From the above table interpreted that 45% responded Good ,40%
responded Excellent and 15% responded Average.
6.How was the knowledge and behavior of sale consultant during the
year ?
TABLE NO. 6
Response Percentage
Average 15%
Good 60%
Excellent 15%
Percentage
15% 15%
Average
Good
Excellent
60%
INTERPRETATION:
Response Percentage
YES 96%
NO 4%
INTERPRETATION:
From the above table interpreted that 96% respondedas yes and 4%
as no.
TABLE NO.8
Response Percentage
YES 96%
NO 4%
Percentage
120%
100% 96%
80%
60%
Percentage
40%
20%
4%
0%
YES NO
INTERPRETATION:
From the above table interpreted that 96% responded as yes and 4% as
TABLE NO.9
Response Percentage
Average 31%
Good 46%
Excellent 23%
Percentage
23%
31 %
Average
Good
Excellent
46%
INTERPRETATION:
From the above table interpreted that 46% responded Good ,23%
responded Excellent and 31% responded Avera
TABLE NO.10
Response Percentage
Average 15%
Good 50%
Excellent 35%
Percentage
15%
35%
Average
Good
Excellent
50%
INTERPRETATION:
From the above table interpreted that 50% responded Good ,35%
responded Excellent and 15% responded Average.
CHAPTER - 7
CONCLUSION :
The following findings are drawn on the basis of field survey conducted by
Researcher.
2. The Car Customers has approached towards the dealer due to dealer's
marketing officials positive response towards customers who
followed customers very keenly and effectively. The Advertisement
of the car by brand ambassador of a company affected over the
customers mind. E.g. Shaharukh Khans Advertisement of Santro Car
has positively affects on the customers.
6. The Maximum customer drives the cars own self, Most of the
customers feels the excellent performance of the vehicle.
10. Most of the customer got their vehicle cleaned some times at the time
of delivery.
Value Added Services during the service of vehicle and received information
regarding Extended Warranty during visit to workshop while To most of the
customers informed regarding free checkup camps conducted by the dealership
officials.
13. The total customers feelings towards the dealer with respect to
Relationships and Communication.
14. The Dealer of the Hyundai Motor Retains relationship with customers
though giving free gifts, gift vouchers, coupons and Wishing messages.
15. Most of the customers are satisfied the overall services and relationships
of the dealer.
SUGESTIONS-:
2. The Dealer should keep all the models of the cars in the Showroom for
the prospective buyers.
5. Dealer should tell about the different types of vehicle schemes to the
customer time to time.
9. The Dealership officials give the reminder or intimation for the service
of the vehicle.
10. The Dealership officials should try to keep vehicle ready At the
promised time as soon as possible.
ANNEXURE
*BIBLOGRAPHY
*REFERENCE
ONLINE RESEARCH:
• WIKIPEDIA
• HYUNDAI COMPANY PDF
The meeting took place during EVC Chung’s trip to Southeast Asia and was
attended by top Indonesian government officials, including Airlangga Hartarto,
the Minister of Industry, and Thomas Lembong, Head of Investment
Coordinating Board of Indonesia.
President Widodo touted Hyundai Motor for being progressive and expressed
anticipation for possible future cooperation, offering full support when it enters
the Indonesian market.
During the visit, EVC Chung met with top government officials, including the
Minister of StateOwned Enterprises and the Coordinating Minister for Maritime
Affairs, as well as key business leaders to exchange ideas about mutual
cooperation.
His itinerary also included a dinner meeting with local college students to learn
about the lifestyles of young Indonesians.
Indonesia has the biggest automobile market in Southeast Asia, with industry
demand growing 4.4% year-over-year to nearly 1.05 million units in 2018. The
government named automotive industry one of the top five priority sectors in
its “Making Indonesia 4.0” roadmap, while also actively seeking foreign
investment.
At the G20 Osaka Summit 2019 in June, the governments of Korea and
Indonesia agreed to strengthen economic cooperation to create new growth
engines, acknowledging automotive, infrastructure, and defense as key sectors
that are already making progress.
Hyundai Motor has been stepping up efforts to tap into the potential-filled
markets of Southeast Asia with Indonesia as the hub, but the decision has not
been finalized on whether a local plant will be built there for automotive
vehicles. Under its partnership with Grab, Southeast Asia’s leading mobility
service provider, Hyundai Motor supplied Kona Electric for ride-hailing
services and this pilot project will be expanded to Indonesia and other countries
in the region.