market survey report on small car

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INTRODUCTION This research project is based on survey which has been done between period of October to December to know about most convenient small car . I am undertaken various areas of Meerut and our native place to analyses different perception, taste and awareness regarding the small car they like to have. we analyses the fact that as the number of companies and their model are increasing the likeness to have different attributions is not declining but it is increasing day by day. People as their behavior wanting more and more exclusive features in their small car. Either it is colors, styles, mileage etc. Survey reveal lots of contrasting attitude and behaviors of customer most of them had strong impact of brand in their mind. They take into consideration all these factor during purchasing small car. While surveying we come to know that MARUTI has captured the heart of about 46% customers due to its variations in models, customer satisfaction, look etc followed by Hyundai, Tata and others small car . SMALL CAR Page 5

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Page 1: market survey report on small car

INTRODUCTION

This research project is based on survey which has been done between period of October to

December to know about most convenient small car . I am undertaken various areas of

Meerut and our native place to analyses different perception, taste and awareness regarding

the small car they like to have. we analyses the fact that as the number of companies and their

model are increasing the likeness to have different attributions is not declining but it is

increasing day by day.

People as their behavior wanting more and more exclusive features in their small car. Either it

is colors, styles, mileage etc. Survey reveal lots of contrasting attitude and behaviors of

customer most of them had strong impact of brand in their mind. They take into consideration

all these factor during purchasing small car.

While surveying we come to know that MARUTI has captured the heart of about 46%

customers due to its variations in models, customer satisfaction, look etc followed by

Hyundai, Tata and others small car .

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RESEARCH OBJECTIVE

To determine the demographic variables of the customers of different brands of cars.

.

Examine the customer perception about the cars.

To judge the satisfaction level of cars owners of different brands.

The research tracks responses at following two layers.

1.product related parameters

2.Dealer related parameters.

To analyze the psychographic variables of the customers of different brand of the cars.

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AN OVERVIEW OF SMALL CAR INDUSTRY

The small car segment is one of the largest car segment in India is defined as a car

that has length between the range of 3.8 to 4 meters. It comprises of nearly two third of the

sales in the country.

Young India is booming and auto Industry is basking under the sun. By the year 2010,

India shall witness a boom in the small car segments with major car makers making their

foray in India and India will have small cars from general motors Maruti , Hyundai, Tata,

etc.

The existing small cars would attract hefty discounts or would be phased out to

complete with the new cars with new latest trendy features like ABS , airbags, automatic

drive etc. We expect that all the cars shall be placed in the price band of Rs 3 lakhs to 5 lakhs.

Maruti Suzuki is the uncrowned king of the small car industry in India. It has already

hub for its small car.

Hyundai is the second largest auto manufacturer in India and has also made India as

its manufacturing and export hub. It currently has its manufacturing plant in Sriperumber ,

near Chennai , with an existing capacity of 600,000 units. It has strong contenders for the

small car segments like Santro, Getz , I10 etc.

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RESEARCH METHODOLOGY

Research in common parlance refers to a search for knowledge. One can also define research

as a scientific and systematic search for pertinent information as a specific topic, In fact

research is an art of scientific investigation.

Research is an academic activity and as such the term should be used in technical sense,

Research comprise define and redefining problems, formulating ,hypothesis or suggested

solution collecting organizing and evaluating, data, making deductions and research,

conclusion, and at last carefully testing the conclusion to determine whether they fit the

formulating hypothesis.

Define the research problem:-

A research must find the problem and formulate it so that it becomes susceptible to research.

I have also defined the research problem i.e. to study consumer trends, behavior, preferences

and level of satisfaction in small car.

Research Design:-

Descriptive & Analytical research includes survey and fact-finding enquiries of different

kinds. The major purpose of descriptive research is description of the state of affairs as it

exists at present.

Sample Size :-

The study sample constitutes 200 respondents constituting in the research area.

Sampling Design:- The researcher has used probability sampling in which stratified random sampling is used.

Research Instrument: -

I used direct observation & Questionnaire as research instrument.

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Area of Research:-

Meerut, Delhi.

Research of data:-

Primary data

Secondary data

Primary data :-

Primary data are gathered for the specific purpose or for a specific research project , consist

of original information for the filaments of project objective.

In this research Questionnaire is been used as to gather the primary data.

Collection of primary data :-

Observation

Focus Survey

Questionnaire

Secondary data:-

Secondary data are the data which already exists somewhere secondary data provides

standing point for research & after the advantage of low cost & ready availability.

Internal

External

Internal data are reports & memos generated within an organization to facilitate its operations

& annual reports.

External data are those specially produce for outside consumption.

Direct observation

Book for marketing management

Survey of customer data and report.

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DATA ANALYSIS

Data analysis is a process of inspecting, cleaning, transforming, and modeling data with

the goal of highlighting useful information, suggesting conclusions, and supporting

decision making. Data analysis has multiple facets and approaches, encompassing

diverse techniques under a variety of names, in different business, science, and social

science domains.

Example – Pie chart.

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Page 7: market survey report on small car

Parameter No.of Respondent

Yes 177

No 23

Total 200

DO YOU HAVE CAR?

Interpretation: - From the above diagram we inferred that Most of the people have car and very few not have car.

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Which company car you have?

PARAMETER NO.OF RESPONDENT

Tata 14

Maruti 81

Hyundai 54

Others 28

Total 177

Interpretation: - From the above diagram we inferred that Most of the people like Maruti and very few like others.

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WHICH MODEL YOU HAVE?

MODEL No. OF RESPONDENT

SANTRO 14

I10 24

SWIFT 46

OTHERS 93

TOTAL 177

Interpretation: - From the above diagram we inferred that Most of the people prefer other Model’s and very few goes for Santro.

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SATISFACTION LEVEL

PARAMETER No. OF RESPONDANT

YES 163

NO 14

TOTAL 177

Interpretation: - From the above diagram we inferred that Most of the people satisfied with their small car.

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MILEAGE

PARAMETER No. OF RESPONDANT

10 KMPL 16

15 KMPL 85

20 KMPL 72

MORE 4

TOTAL 177

Interpretation: - From the above diagram we inferred that mostly peoples say that their small car give 15 kmpl mileage & very few peoples get more than 20 kmpl mileage.

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`

RANGE

PARAMETER NO. OF RESPONDENT

1.5 – 2.5 LAKH 22

2.5 – 3.5 LAKH 76

3.5 – 4.5 LAKH 59

MORE THAN 5 LAKH 20

TOTAL 177

Interpretation: - From the above diagram we get that most of the peoples purchase their small car in the range of 2.5 to 3.5 lakh & few people buy above than 5 lakh.

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SATISFACTION LEVEL ON LOOK?

PARAMETER NO. OF RESPONDENT

YES 149

NO 18

CAN’T SAY 10

TOTAL 177

Interpretation: - From the above diagram we get that most of the people satisfied with their small car looks.

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WHICH FEATURES ATTRACT THEM MOST?

PARAMETER NO. OF RESPONDENT

DESIGN 16

ENGINE 60

INTERIOR 34

TECHNOLOGY 67

TOTAL 177

Interpretation: - From the above diagram we get that most of the people satisfied with the technology while very few with design .

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FOR WHICH PURPOSE THEY PURCHASE SMALL CAR?

PARAMETER NO. OF RESPONDENT

PERSONAL 145

OFFICIAL 12

COMMERCIAL 18

OTHERS 2

TOTAL 177

Interpretation: - From the above diagram we inferred that most of the people purchase their small car for personal use.

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WHICH TYPE OF FUEL THEY PREFER?

PARAMETER NO. OF RESPONDENT

DIESEL 50

PETROL 111

CNG 16

TOTAL 177

Interpretation: - From the above diagram we inferred that most of the people prefer petrol for their small car & very less use cng.

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WHICH TYPE OF TECHNOLOGY THEY CONVENIENT WITH?

PARAMETER NO. OF RESPONDENT

UPTO DATE 159

OBSOLETE 18

TOTAL 177

Interpretation: - From the above diagram we get that most of the people prefer upto date technology while very less people prefer obsolete.

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LIKERT SCALESATISFIED WITH YOUR CAR

PARAMETER NO.OF RESPONDENTStrongly Agree 70Agree 85Can’t say 10Disagree 20Strongly disagree 15Total 200

By this figure we get that most of the people has satisfied with their car.

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ENDORSEMENT EFFECT

PARAMETER NO.OF RESPONDENTStrongly Agree 30Agree 35Can’t say 60Disagree 50Strongly disagree 25Total 200

From this figure we say that most of the people are not ready to tell about that they are endorsed with celebraty or not.

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MILEAGE

PARAMETER NO.OF RESPONDENTStrongly Agree 90Agree 50Can’t say 00Disagree 40Strongly disagree 20Total 200

From this fig. we get that most of the people has strongly agree that they buy the small car because of good mileage.

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LOOK & STYLE

PARAMETER NO.OF RESPONDENTStrongly Agree 80Agree 75Can’t say 10Disagree 30Strongly disagree 05Total 200

After get this fig. we say that people are strongly agree that they purchase their small car by look at their look & styles.

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PRICE FACTOR

PARAMETER NO.OF RESPONDENTStrongly Agree 95Agree 55Can’t say 05Disagree 30Strongly disagree 15Total 200

From this fig. we get that price factor play very important role at the time of purchasing small car.

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COLOUR

PARAMETER NO.OF RESPONDENTStrongly Agree 135Agree 40Can’t say 10Disagree 15Strongly disagree 00Total 200

This fig. shows that most of the people has strongly agree that colour is very important thing while purchase small car.

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SATISFIED WITH COMPANY SERVICE PROVIDING.

PARAMETER NO.OF RESPONDENTStrongly Agree 50Agree 65Can’t say 18Disagree 40Strongly disagree 27Total 200

From this diagram we know that peoples are agree that company has provide good service to them.

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BRAND EFFECT

PARAMETER NO.OF RESPONDENTStrongly Agree 105Agree 70Can’t say 15Disagree 10Strongly disagree 00Total 200

Most of the people are said that they purchase their small car after know about brand (company name).

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TECHNOLOGY

PARAMETER NO.OF RESPONDENTStrongly Agree 120Agree 50Can’t say 14Disagree 16Strongly disagree 00Total 200

From this fig. we get that most of the people strongly agree that

they like latest technology in their small car.

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ADVERTISEMENT EFFECT

PARAMETER NO.OF RESPONDENTStrongly Agree 128Agree 48Can’t say 15Disagree 00Strongly disagree 09Total 200

From the above diagram we inferred that most of the people has strongly agree that they purchase their small car after saw the advertisement.

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CUSTOMER SATISFACTION ON PERFORMANCE LEVEL

PARAMETER NO.OF RESPONDENTStrongly Agree 80Agree 75Can’t say 00Disagree 28Strongly disagree 17Total 200

Form the above fig. we inferred that customers has satisfied with their small car performance.

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COMFORT ZONE

PARAMETER NO.OF RESPONDENTStrongly Agree 139Agree 30Can’t say 11Disagree 16Strongly disagree 14Total 200

Form this we know that most of the people like to feel comfortable in their small car.

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ENGINE

PARAMETER NO.OF RESPONDENTStrongly Agree 127Agree 40Can’t say 10Disagree 12Strongly disagree 11Total 200

By saw this diagram we get that most of the peoples are strongly disagree that they purchase their small car by look at their engine capacity.

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SECURITY FEATURE

PARAMETER NO.OF RESPONDENTStrongly Agree 147Agree 50Can’t say 03Disagree 00Strongly disagree 00Total 200

From the above diagram we saw that security is very important so most of the peoples are strongly agree with it.

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FINDINGS

Based on survey we came to analyses that following inference:-

About 46% of people prefer to have Maruti followed by Hyundai, Tata and other

respectively.

In the car models most of the people uses different others models of automobiles which is

about 52%.

About 92% peoples satisfied with their small car.

About 38% of people given preference to Technology and secondly to Engine.

Mileage was mostly preferred by people is 15/kmpl which was 48%.

Consumers uses the range of car is between 2.5 – 3.5 mostly & that is 43%.

About 84% consumers satisfied with their cars look.

82% people use their small car for personal use while 10% for commercial,7% use for official

purpose & remains are for others.

About 63% prefer petrol, 28% diesel & remain 9% for cng.

90% peoples are convenient with upto date technology.

By likert scale:-

About 42% consumer has agree with the satisfaction level while 35% are strongly agree &

rest are others.

About 30% are can’t say of about endorsement affect.

45% consumer are strongly agree with mileage.

40% are strongly agree with look & style.

40% are stongly agree with customer satisfaction on performance level.

In comfort satisfaction level about 66% of consumer are satisfied with car.

About 63% customers are satisfied with engine.

73% customer are satisfied with security features.

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LIMITATIONS OF THE STUDY

The survey is subjected to the bias and prejudices of the respondents. Hence 100%

accuracy can’t be assured

The researcher was carried out in a short span of time, where in the researcher could not

widen the study.

Items on the questionnaire were developed to be used in many occupations, and have not

been specially designed for small car owner.

It was costly affairs.

Some of the respondent had negative behavior toward surveying caused a problem while

concluding survey.

Customers have no time for fill the questionnaires.

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SUGGESTIONS

Small car industry must try to provide more facility in an affordable price.

Match competitors’ schemes.

Try to capture the nearest other markets nearest other markets nearby.

Occasional offers.

Try to provide every model of small car in every showroom

Easily provide car to their customer in a very small period of time after booking.

Investigator should possess very politeness, patience and positive attitude while dealing

with respondent.

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CONCLUSION

The small car segment has played an important role in giving a push to the automobile

industry in India. In fact, the production, sales and exports of the small car is a fair indication

of the growing importance that it enjoys in this country's manufacturing economy.

After conducting the survey we analyses that mind of users of car is of wanting in nature they

get satisfy with the product they use. People need every time modifications in the technology

they are using.

But at the same time they gave more emphasis on goodwill of the company.

Most of the people given more emphasis on engine, design, technology etc.

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BIBLIOGRAPHY

BOOKS

1. Kothari, C.R., “Research Methodology, Second Revised Edition, New

age International Publishers.

.

SEARCH ENGINE

www.google.com

WEBSITE

www.small-car.com

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ANNEXURE

RESEARCH

Objective:-To Know About Most Convenient Factors Of Small Car

Questionnaire:-

1. Do you have a small car?

(1) Yes (2) No

2. Which company car do you have?

(1) Tata (2) Maruti (3) Hyundai (4) Others.

3. Which car do you have?

(1) Santro (2) I10 (3) Swift (4) Others.

4. Are you satisfied with your small car performance?

(1) Yes (2) No

5. What is your small car mileage?

(1) 10kmpl (2) 15kmpl (3) 20kmpl (4) Above 20kmpl.

6. What is the range of your small car?

(1) 1.5 -2.5 lakhs (2) 2.5-3.5 lakhs (3) 3.5 - 4.5 lakhs (4)Above 5 lakhs.

7. Does look matters for you before purchase a car?

(1) Yes (2) No (3) Can’t say.

8. Which features attracts you most to buy a small car?

(1) Designs (2) Engine (3) Interior (4) Technology.

9. For which purpose you buy a car?

(1) Personal (2) Official (3) Commercial (4) Others.

10. Which type of fuel you prefer for your car?

(1) Diesel (2) Petrol (3) Cng.

11. Which type of technology you are convenient with?

(1) Up to date (2) Obsolete

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RESEARCHObjective:-To Know About Most Convenient factors of Small Car

Name: ……………………………………………………………………………………………

Address:………………………………………………………………………………………….

Occupation: (a) Businessman (b) Govt. Employee (c) Student (d) Others……..…Sex: (a) Male (b) Female. Age: …………Contact no:…………………………………………………………………………………………………

How will you rate these factors :

QUESTIONS STRONGLY AGREE AGREE CANT SAY DISAGREE STRONGLY DISAGREE

Satisfied with your car

Endorsement affects

Mileage

Look and style

Price factor

Colour

Satisfied with company service

providing

Brand affect

Technology

Range

Advertisement affect

Customer satisfaction

Comfort zone

Engine

Security Features

ANNEXURE

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