marketing thought and practice. Satisfaction is the major outcome of the marketing activity and
services to link process and culminating in purchase and consumption with the help of past
purchase phenomenon such as changes in attitude, repeat purchase and brand loyalty.
Todays highly sophisticated life makes the marketer to know the pulse of the market. If
companies want to survive in the competitive market they have to identify the needs of the
customer and try to fulfill them.
The objectives is to study about customer satisfaction towards the products and service
offered by CONCORDE MOTORS, To know about the services provided by the CONCORDE
MOTORS, To know about the satisfaction level of customer by which service offered by
CONCORDE MOTORS.
The study helps in finding out the level of customer satisfaction of Tata car users; this
project intends to study how the existing Tata car owners are willing to purchase new Tata cars in
the higher segments with additional features
The research design is primarily both explanatory as well as descriptive in nature. A wellstructured questionnaire was prepared and personal interviews were conducted to collect the
customers requirements, through this questionnaire.
CHAPTER I
INTRODUCTION
INTRODUCTION
Marketing is a total system of interacting business activities assigned to plan, price, promote and
distribute, wants satisfying products and services to existing and potential customers.
The marketing concept is, market focused and customers oriented coordinated marketing effort
aimed at generating customer satisfaction, which in turn is a key to achieve the organizational
goals. The concept of consumer satisfaction occupies pivotal position in marketing thought and
practice. Satisfaction is the major outcome of the marketing activity and services to link process
and culminating in purchase and consumption with the help of past purchase phenomenon such
as changes in attitude, repeat purchase and brand loyalty.
MEANING OF CUSTOMER SATISFACTION:
SATISFACTION is a persons feelings of pleasure or disappointment resulting from comparing
a products perceived performance (outcome) in relation to his or her expectations. Whether the
buyer is satisfied after purchase depends on the offers performance in relation to the buyers
expectations In general.
Customer satisfaction is the key to success of any business
Business success is not determined by the producer but by the customer
Many companies are aiming for high satisfaction because customers who are just satisfied still
find it easy to switch when a better offer comes along. Those who are highly satisfied are much
ready to switch. High satisfaction or delight creates an emotional affinity with the brand, not just
a rational preference.
expectations? Their expectations are influenced by their past buying experience, friends and
associates advice, and marketers and competitors information and promises. If marketers raise
expectations too high the customer is likely to be disappointed.
LITERATURE
REVIEW
REVIEW OF LITERATURE
INTRODUCTION:
Customer Satisfaction is the buzzword used by the business people for the success of
organization in the present days. Due to the increases of heavy competition in every product
line it become difficult for the companies to retain the customers for longer time. So retain the
customer for longer time the marketer has to do only one things i.e. customer satisfaction .If
customer is fully satisfied by the product it not only rub the organization successfully but also
fetch many benefits for the company . They are less process sensitive and they remain customer
for a longer period. They buy addition products overtimes as the company introduce related
produce related products or improved, so customer satisfactions is gaining a lot of importance in
the present day. Every company is conducting survey on customer satisfaction level on their
products .To make the products up to the satisfaction level of customers
expectations? Their expectations are influenced by their past buying experience, friends and
associates advice, and marketers and competitors information and promises. If marketers raise
expectations too high the customer is likely to be disappointed.
Some of todays most successful companies are raising expectations and delivering performance
to match. These companies are aiming for TCS-Total Customer Satisfaction. XEROX, for
example, guarantees total satisfaction and will replace at its expenses, any dissatisfied
5
customers equipment for a period of three years of purchase. Cigna advertises well never be
100% satisfied until you are, too. And one of Hondas ads says: One reason our customer so
satisfied is that we arent.
CONSUMER SATISFACTION
Satisfaction is the expected outcome. It signifies a confirmation that performance of the chosen
alternative is consistent with its prior belief and expectations. However satisfaction is not an
emotion. The evaluation of the emotion is done on the basis of expectation made by the
consumer prior to the purchase. These expectations may be:
Nature and performance of product or service
Costs and effort spent before obtaining the product
Social benefits or costs accrued to the customers
With these three expectations emotion is evaluated.
VALUE is the customers estimate of this products overall capacity to satisfy his or her needs,
that is it a bundle of benefits, customer expect from a given product or service.
COST of the product depends on the customers value. The closeness of a product to an ideal
product determines the cost of the product to the customers value.
CONCEPTS OF MARKETING:
Since the industrial revolution, business management has undergone six district concepts of
marketing.
1. The Exchange Orientation.
2. The Product Orientation.
3. The Production Orientation.
4. The Sales orientation.
5. The Marketing Concepts.
6. Social Marketing Concept.
1. The Exchange Orientation:Marketing does involve exchange of a product between a seller and a buyer usually based on
money. But modern marketing is not merely an exchange operation. Marketing has now a much
wider connotation it covers search of unmet customer wants formulation of marketing strategies,
marketing mix, creative selling and advertising, serving the customer and so on. All these other
vital ingredients of marketing are conveniently forgotten in exchange oriented marketing
approach.
2. The Product Orientation:Management firmly believes that if the product has superb features, quality and performance
customer response is bound to be favorable and all promotion efforts are needless. This was the
marketing philosophy till 1930. Over emphasis on product excellence may lead a marketer to
ignore many other aspects of customer needs and desires. Customers for whom the product is
meant may be ignored. This is called the phenomenon of marketing myopia or short sightedness.
7
3. The Production Orientation:Company sells what it can make. The focus is on performance and cost. The product line is
usually narrow. The price is based on production and distribution cost. Technical research
enables product improvement and cost cutting in the production process.
Packaging is expected to protect the product and minimize costs. Credit is regarded as necessary
evil. The producer is interested only to minimize bad debt losses. Promotion is adopted only to
give emphasis on product features, quality and price.
This concept can work only in a sellers market it fails to retain market under keen competition.
Japanese and European cars captured American luxury car market around 1980.
SATISFACTION is the level of the person, felt state resulting from comparing a product
perceived performance in relations to a persons expectations.
EXCHANGE is the act of obtaining a desired product from someone by offering something in
return.
TRANSACTION consists of all the potential customers sharing particular need and want that
might be willing and able to engage in exchange to satisfy that need or want.
MARKETING is the process of exchange of satisfied and service from the provider to the
consumer. This involves Advertising, Publicity, promotion, pricing, sales and distribution of
satisfied and services. Marketing also involves market analysis to define the market.
MARKETER is someone seeking resources from someone else and willing to offer something
of value in exchange.
4. The Sales Orientation:Buyers market for money commodities brought about sales-distribution marketing. It points out
that a company cannot secure enough customer response to its products without high-pressure
salesmanship, aggressive advertising and intensive sales promotion.
Sales Orientation gives emphasis is on inquiring sales volume even at the cost of consumer
satisfaction and service. Many marketers adopt this approach in selling unsought or unwanted
satisfied. The selling concept is found in the sale of books insurance and also in auto sales.
8
Maruti Suzuki also has selling concept at the time of elections faithfully followed by all political
parties. Sales Orientation also exhibits marketing.
5. The Marketing Concept:When a marketer adopts a market oriented business philosophy the guiding principle becomes
it is more effective to make what customer wants to buy than to sell them what a marketer wants
to make or sell . Thus, planning and co-ordination of all company activities rotate around the
primary goal of satisfying customer needs. The marketing concept is defined as a customer
oriented philosophy duly integrated and implemented through the entire organization in order to
serve customers better than competitors and hereby ensure sustained growth and prosperity. It
was introduced in marketing approach points out that the primary task of a business enterprise is
to study needs, desires and values of the potential customers, and on the basis of latest and
accurate knowledge of market demand, the enterprise must produce and after the products which
will give the desired satisfaction and service to the customers
{much better than its competitors }.
6. The social marketing concept:The systematic application of marketing along with other concepts and techniques, to achieve
specific behavioral goals for a social good. Social marketing can be applied to promote merit
goods, or to make a society avoid demerit goods and thus to promote society's well being as a
whole. For example, this may include asking people not to smoke in public areas, asking them to
use seat belts, or prompting to make them follow speed limits.
Although "social marketing" is sometimes seen only as using standard commercial marketing
practices to achieve non-commercial goals.
BUYING MOTIVES:
Motives can be a strong desire, feeling, a drive, a stimulus or Emotions, which plays a role in the
customers decision to a purchase a product or service.
A customer purchases a particular product or service because of a strong inner feeling or force
which insist him to have a possession of the same.
BUYING MOTIVES
PRODUCT MOTIVES
PATRONAGE MOTIVES
PRODUCT MOTIVES: The impulse, considerations and desires a persons to be truly inclined
to purchase a particular product is called PRODUCT MOTIVES.
PRODUCT MOTIVES
EMOTIONAL PRODUCT
RATIONAL PRODUCT
MOTIVE
MOTIVE
PATRONAGE MOTIVES
10
EMOTIONAL PATRONAGE
RATIONAL PATRONAGE
MOTIVE
MOTIVE
2009-10 17
33
78
75
06
2008-09 24
32
66
55
03
2007-08 35
48
48
29
01
Prior
product
experience 11
brand
Expectations of how
the Brand should
perform
Evaluation of the
performance
Dissatisfaction
Performance fails to
Meet expectations
Illustration no III.1 measure of customer satisfaction
FACTORES LEADING TO SATISFACTION:
Occasional use of brand / product.
Cost / investment involved in choice making.
Number of outcomes and their desirability.
Prior experience of the product / brand.
PERSONAL expectations and norms.
Group expectations and norms.
12
Discontinuing
Purchase Patronage
mouth
intervention Agencies
legal
redress
from
customers Action
III.6 NEEDS, WANTS AND DEMANDS:
Needs, wants
And demands
Products and
services
Markets
Value,
Satisfaction and
Quality
Exchange,
Transactions and
Relationships
Need:
13
Want:
personality.
Customer Value: The difference between the values the customer gains from owning and
using a product and the costs of obtaining the product.
14
Exchange: The act of obtaining a desired object from someone by offering something in
return.
Transactions: A trade between two parties that involves at least two of value, agreed
upon conditions, a time of agreement, and a place of agreement.
15
Research Gap
Every dimension of market orientation emphasis the ability of intermediaries in order to
continuously sense and act on the events and trends in present and prospective markets.
Todays highly sophisticated life makes the marketer to know the pulse of the market. If
companies want to survive in the competitive market they have to identify the needs of the
customer and try to fulfill them.
A market study is a snap shot at a point of time; this is because the need of consumer is dynamic.
Therefore he/she is always looking for something new to be satisfied. .
The last few decades have seen companies operating in a highly competitive environment
The economy is referred to as CUSTOMER DRIVEN
Consumer behavior is not predictable. Consumer needs are dynamic; therefore, he/she is
always looking for something new to satisfy new needs. This is the reason why the consumer
satisfaction has emerged as a separate research area of study since, the past few decades. The
study has been undertaken to determine CONSUMER SATISFACTION the research has been
taken up in analysis of CONSUMER SATISFACTION with reference to Tata in a customer
driven, need based market.
16
1) To study about customer satisfaction towards the products and service offered by Tata in
concorde motors
2) To know about the services provided by the company.
3) To gain input from customers to improve customers satisfaction
4) To know the customer perception about features, low maintenance cost and looks of Tata
cars.
5) To know the level of customer satisfaction.
17
Hypothesis
Hypothesis 1:
Ho: There is no association between customer satisfaction and services provided by the
company.
H1: There is an association between customer satisfaction and services provided by the company.
Hypothesis 2:
Ho: There is no effect on consumer input towards the improvement of the services of Tata
motors.
H1: There is an effect on consumer input towards the improvement of the services of Tata motors
Hypothesis 3:
Ho: There is no effect on consumer satisfaction towards the market position of the Tata Cars.
H1: There is an effect on consumer satisfaction towards the market position of the Tata Cars
Hypothesis 4:
H0 :- There is no difference between preferences for the features of Tata Cars basis of Gender.
H1: There is a difference between preferences for features of Tata Cars on the basis of gender.
Hypothesis 5:
Ho: There are no levels of Customer satisfaction towards Tata Cars
H1: There are levels of customer satisfaction towards Tata Cars
The study helps in finding out the level of customer satisfaction of Tata car users
18
This project intends to study how the existing Tata car owners are willing to purchase
new Tata cars in the higher segments with additional features
The study helps to know the feedback and suggestions from the customers
LIMITATIONS OF STUDY:
1. Because the information collected from the customers by meeting them at their working
places, company service centers, during the business hours, or at the parking lot where they may
or will be busy with some other work, the information extracted would not be sufficient from the
respondents.
2. The opinion on Tata cars may not be similar as it is now because of the new entries.
19
20
CHAPTER II
INDUSTRY PROFILE
COMPANY PROFILE
INDUSTRY PROFILE
Historical Industry Development
21
India is the second largest manufacturer and producer of two-wheelers in the world. It stands
next only to Japan and China in terms of the number of two-wheelers produced and the domestic
sales respectively. This distinction was achieved due to variety of reasons like restrictive policy
followed by the Government of India towards the passenger car industry, rising demand for
personal transport, inefficiency in the public transportation system etc.
The Indian two-wheeler industry made a small beginning in the early 50s when Automobile
Products of India (API) started manufacturing scooters in the country. Until 1958, API and
Enfield were the sole producers.
In 1948, Bajaj Auto began trading in imported Vespa scooters and three-wheelers. Finally, in
1960, it set up a shop to manufacture them in technical collaboration with Piaggio of Italy. The
agreement expired in 1971.
In the initial stages, the scooter segment was dominated by API; it was later overtaken by Bajaj
Auto. Although various government and private enterprises entered the fray for scooters, the only
new player that has lasted till today is LML.
Under the regulated regime, foreign companies were not allowed to operate in India. It was a
complete seller market with the waiting period for getting a scooter from Bajaj Auto being as
high as 12 years.
The motorcycles segment was no different, with only three manufacturers viz Enfield, Ideal Jawa
and Escorts. While Enfield bullet was a four-stroke bike, Jawa and the Rajdoot were two-stroke
bikes. The motorcycle segment was initially dominated by Enfield 350cc bikes and Escorts
175cc bike.
The two-wheeler market was opened to foreign competition in the mid-80s. And the then market
leaders - Escorts and Enfield - were caught unaware by the onslaught of the 100cc bikes of the
four Indo-Japanese joint ventures. With the availability of fuel efficient low power bikes, demand
swelled, resulting in Hero - then the only producer of four stroke bikes (100cc category), gaining
a top slot.
22
The first Japanese motorcycles were introduced in the early eighties. TVS Suzuki and Hero
brought in the first two-stroke and four-stroke engine motorcycles respectively. These two
players initially started with assembly of CKD kits, and later on progressed to indigenous
manufacturing. In the 90s the major growth for motorcycle segment was brought in by Japanese
motorcycles, which grew at a rate of nearly 25% CAGR in the last five years.
The industry had a smooth ride in the 50s, 60s and 70s when the Government prohibited new
entries and strictly controlled capacity expansion. The industry saw a sudden growth in the 80s.
The industry witnessed a steady growth of 14% leading to a peak volume of 1.9mn vehicles in
1990.
The entry of Kinetic Honda in mid-eighties with a variometric scooter helped in providing ease
of use to the scooter owners. This helped in inducing youngsters and working women, towards
buying scooters, who were earlier, inclined towards moped purchases. In the 90s, this trend was
reversed with the introduction of scooterettes. In line with this, the scooter segment has
consistently lost its part of the market share in the two-wheeler market.
In 1990, the entire automobile industry saw a drastic fall in demand. This resulted in a decline of
15% in 1991 and 8% in 1992, resulting in a production loss of 0.4mn vehicles. Barring Hero
Honda, all the major producers suffered from recession in FY93 and FY94. Hero Honda showed
a marginal decline in 1992.
The reasons for recession in the sector were the incessant rise in fuel prices, high input costs and
reduced purchasing power due to significant rise in general price level and credit crunch in
consumer financing. Factors like increased production in 1992, due to new entrants coupled with
the recession in the industry resulted in company either reporting losses or a fall in profits.
India is one of the very few countries manufacturing three-wheelers in the world. It is the world's
largest manufacturer and seller of three-wheelers. Bajaj Auto commands a monopoly in the
domestic market with a market share of above 80%, the rest is shared by Bajaj Tempo, Greaves
Ltd and Scooters India.
23
The total number of registered two-wheelers and three-wheelers on road in India, as on March
31, 1998 was 27.9mn and 1.7mn respectively. The two wheeler population has almost doubled in
1996 from a base of 12.6mn in 1990.
However, the major set of reforms was launched in the year 1991 in response to the major
macroeconomic crisis faced by the economy. The industrial policies shifted from a regime of
regulation and tight control to a more liberalized and competitive era. Two major results of
policy changes during these years in two-wheeler industry were that the, weaker players died out
giving way to the new entrants and superior products and a sizeable increase in number of brands
entered the market that compelled the firms to compete on the basis of product attributes. Finally,
24
the two-wheeler industry in the country has been able to witness a proliferation of brands with
introduction of new technology as well as increase in number of players. However, with various
policy measures undertaken in order to increase the competition, though the degree of
concentration has been lessened over time, deregulation of the industry has not really resulted in
higher level of competition.
A Growth Perspective
The composition of the two-wheeler industry has witnessed sea changes in the post-reform
period. In 1991, the shares of scooters were about 50 per cent of the total 2-wheeler demand in
the Indian market. Motorcycle and moped had been experiencing almost equal level of shares in
the total number of two-wheelers. In 2003-04, the share of motorcycles increased to 78 per cent
of the total two-wheelers while the shares of scooters and mopeds declined to the level of 16 and
6 per cent respectively. A clear picture of the motorcycle segment's gaining importance during
this period is exhibited by the Figures 1, 2 and 3 depicting total sales, share and annual growth
during the period 1993-94 through 2003-04.
INDIAN TWO WHEELER INDUSTRY
The two-wheeler market has had a perceptible shift from a buyers market to
a sellers market with a variety of choices. Players are competing on various
fronts such as pricing, technology, product design, productivity, sales
process, after sales service, marketing and distribution. In the short term,
market shares of individual manufacturers are sensitive to capacity, product
acceptance, pricing and competitive pressures from other manufacturers.
All the four segments, Motor Cycles, Scooters, Scooterettes and Mopeds have witnessed
capacity additions in the last one year and it will continue in the upcoming period as and when
the foreign companies opens a local subsidiary. Over this period as and when the foreign
companies opens a local subsidiary. Over this period, only the Motor Cycle segment is expected
25
witness higher demand vise-versa supply, while the Scooters, Scooterettes and Mopeds supply
will outstrip demand.
As incomes grew and people felt the need to own a private means of transport, sale of twowheelers raised. Penetration of the two-wheelers is expected to increase to approximately to
more than 25%by 2005.
The Motor Cycle segment will continue to lead the demand for two-wheelers in the coming
years. Motor Cycle sales are expected to increase by 20% as compared to 1% growth in the
Scooter market and 3% by Scooterttes and Moped sales respectively for the next two-years.
The Indian two and three wheeler industry produced and sold about 4.5million units in 20032004. Like any other Indian Industry, the policy environment guided and controlled this segment
of the industry as well. Licensing norms ruled the day till mid 80s. Access to foreign technology
inputs and foreign investment were strictly government controlled.Since mid 80s, the Indian
automobile industry was administered select doses of liberalization. Foreign collaborations with
equity up to 26%, fresh licenses and conditional CKD imports, etc. were allowed. This
liberalization coupled with the Indian market potential attracted world majors like Honda,
Yamaha, Suzuki and Piaggio setup their Joint Ventures during mid 80s in India. From 1991
onwards, the industry was de-licensed. Automatic approvals for foreign equity up to 51% and
equity participation in excess of 51% with specific approvals entered the rulebook. Honda
converted one of its Joint Ventures to a 51% subsidiary
On regulation front, Central Motor Vehicles Regulations mandates the safety, emissions and
other norms. Vehicular emissions standards came into effect first in 1991 and were tightened
further in 1996. For the two and three wheeler these are among the tightest in the world. Further
tightening has taken effect from April 2000.
The four-stroke Motor Cycle has added new dimensions to the two-wheeler segment. The major
players in the Motor Cycle market are Bajaj Auto Ltd. with its Pulsar DTS-i, Hero Honda Co.
with its Hero Honda Karizma. Competition is intense in all segments of the two-wheeler industry
with fuel efficiency and price being crucial considerations for success. In the recent past, a
26
manufacturers ability at product innovation and opening new market niches have also been
crucial for the growth of the industry. Bajaj Auto Ltd. entered the Motor Cycle segment in the
mid 80s. Since then it has won market shares increasing indigenization and by opening new
market niches for their products. Bajaj has emphasized its higher safety and superior quality.
Fuel efficiency allowed Hero Honda to dominate the 100cc Motor Cycle segment for most of the
last eight years. Bajaj Auto Ltd. has gained considerable market share in this segment since it
also launched a four-stroke Motor Cycle two years ago. The 100-cc segment is further power
(dominated by Bajaj Pulsar DTS-i), fuel economy and sub-segments. The semi-urban and rural
markets will increase in importance in the future and all manufacturers plan to launch heavier
bikes with stronger suspensions.
The relatively affordable and stable prices of Bajaj Motor Cycles backed by flexible loan options
have caused other Motor Cycles to continuously lose market share to them in the previous few
years.
The scooter market is dominated by 150cc vehicles from Bajaj Auto and LML, with the
Annual income
(Rs
at
Income
group
FY96
prices)
FY86
FY96
Urban
Rural
Total
Urban
Rural
Total
<=25,000
Low
42.1
73.6
65.2
27.9
57.2
48.9
25,001 - 50,000
21.4
25.2
34.9
29.0
30.7
50,001 - 77,000
Middle
4.0
6.9
20.3
8.6
11.9
77,001 - 106,000
0.7
1.5
9.6
3.1
5.0
15.2
28
> 106,000
High
3.1
0.3
1.1
7.3
2.0
3.5
Table 3.4
Table showing Growth in Income Groups (%) In Pre and Post Reform Period
Income group
FY86 to FY89
FY93 to FY96
Urban
Rural
Total
Urban
Rural
Total
Low
0.93
-0.20
-0.01
-7.03
-3.03
-3.72
Low Middle
3.34
4.91
4.33
5.46
10.20
8.59
Middle
8.53
17.82
12.72
11.96
3.11
7.01
Upper Middle
18.52
16.39
17.83
11.90
12.25
12.06
High
9.57
13.90
10.65
18.22
15.68
17.14
Total
4.14
2.04
2.61
3.50
1.44
2.01
Source: NCAER
As seen from the above tables, the number of households in the low income group has fallen
since FY86 and has been more pronounced in the post-reform period. On the other hand, the
numbers of households in the middle, upper middle and high income groups, which form the
consumer base for two wheelers, have increased. Their share of the total number of households
has increased from 10.6% in FY88 to 20.5% in FY96. The rising income profile has, however,
been more pronounced in the urban areas as average annual growth in industry has surpassed that
of agriculture in the period FY93 to FY96.
29
Company Profile
The name of Dealership
: Concorde motors
Chairman
P. T. CHOWDARY
HISTORY:
The Saga of Success:
The success story is scripted through hard work, determination and untiring efforts of the
Chairman Mr. P. T. CHOWDARY. Being an engineer who was savvy of automobiles,. He
successfully led to the entry into the four-wheeler segment in the year 2001. They were
appointed as the first dealer of Tata Motor.
The dynamic Sri inaugurated the Concorde show room. Mr. P. T. CHOWDARY The show rooms
are situated in prime locations and are one of a kind. The strength of Tata technology and the
dynamism of Mr. P. T. CHOWDARY have helped the Concorde motors scale new frontiers and
exceed limits.
The Flagship of Concorde:
CONCORDE MOTORS at Dilsukhnagar inaugurated in 2001 in an area of 12,000 sft.
CONCORDE MOTORS inaugurated in 2000 in an area of 15,000 sft and an extension of the
same at Secunderabad in an area of 6000 sft. Concorde motors inaugurated with technology
advanced service Centers at Gun Rock, Bowenpally and Jubilee Hills.
30
MISSION:
We at Concorde are continuously striving to be in true with technology, provide products and
services of the highest quality, meet the performance and price aspirations of our customers and
while doing so, maintain the highest standard of ethics and social responsibilities.
Constantly look to improve the quality of our services and process and look for constant
development with a focus towards customer delight. To always fulfill the commitment to the
people dealing with us with a moderately satisfied mind and conscience.
CHAIRMAN:
Hard work heralds success, this is true in every walk of life. The success story of the
CONCORDE MOTORS is also scripted through hard work, determination and untiring efforts of
Chairman Mr. P. T. CHOWDARY, a qualified Engineer, a successful entrepreneur and above
all a man with a heart.
In spite of his busy schedule in the service of his country, he personally oversees the interests of
his customers. Customer relationship is the mantra; he believes and does not compromise on any
issue with regard to customer service. Mr. P. T. CHOWDARY very modestly accords a great deal
of credit for his success of his team. Mr. P. T. CHOWDARY works on some simple but effective
principles:
A humane approach to business.
A practical approach of problem solving.
Concern towards others problems: He has inculcated discipline, service orientation, and
above
all importance to customer satisfaction to his entire staff and with his encouragement
and support the staff has been performing out of their skill to see CONCORDE MOTORS where
it should be At the Top. Above all, his leadership has earned him great respect and he has been
personally responsible for the success story.
II.12 MILESTONES:
31
32
Chair man
Executive Director
General Manager
Service
Department
Sales
Department
Systems
Department
Accounts
Spares
Department
Front office
Cashier
Customer
EDP
Relationship
[Computer
Department Department
Sales
Executives
Floor
[Mechanical
Shop]
Reception
Body Shop
Accidents
[Repairs]
Service
Advisors
33
New Vehicle
Inspection
FUNCTIONS OF WORKSHOP:
1. FREE DELIVERY:
Every new vehicle before delivery is subjected to a detailed Check Up. Important nuts and bolts
are tightened again as per the recommended torque. The entire electrical are checked. Change
of all in the engine and other aggregates are also done as specified for various Tata models. The
vehicle is attended for greasing.
34
2. FREE SERVICE:
The first four services including the PDI are attended with free on labour. It is important on the
part of the customer to attend these services failing which the warranty will be null and void.
3. SERVICES AND WARRANTY ON Tata:
The company agrees to replace or repair any item / aggregate failed before is expected life due to
material defect, bad workmanship. The warranty period for Tata is for two year [unlimited
Kms]. However it is obligatory on the part of the customer to bring his vehicle for the regular
services. There is an optional 3rd year warranty.
4. VEHICLE BREAKS DOWN ATTENDANCE:
The workshop also has a breakdown attending team headed by a supervisor. In case of any
failure of the vehicle in transit the team a deputes experts to set right the defect and the vehicle
will be brought to the workshop for a detailed diagnosis in case of sudden break down the
company gives the demo vehicle to the customer.
5. ACCIDENT REPAIRS:
All the spare parts have a number. It is codified based on codes they are grouped and located
systematically. The parts are stopped adequately based on consumption. The recorder level is
fixed for every item. Regularly the parts are procured from Tata. The ABC analysis, Fast, Slow
and Non-moving (FSN) parts analysis is in the system. The parts are issued to the workshop on
the indents. The spare parts department also sells the parts across the counter. They also do
arrive in the market.
6. Labor Force:
Every employee of the organization has to follow the rules and regulations very strictly. There
are skilled workers and efficient staff. These are important assets of the organization.
35
7. Recruitment:
Recruitment is made by advertisement as well as scrutinizing and interviewing the candidate.
Recruitment is also based on experience of the worker. Training In this company on the job
training method is adopted to train the workers.
Wages and Salary Administration
Basic wages given to workers are fixed on the basis of minimum wages at 1948 and various
types of allowances are provided to the workers as well as to the office staff.
AT CONCORDE MOTORS CUSTOMER SATISFACTION COMES FIRST
1. Picking up and home delivery of service vehicles.
2. Drop back facility for service customers.
3. Mobile and breakdown service round the clock.
4. Customer complaint handling cell.
5. Do it yourself class for the customers once in a month.
6. 100% final inspection and analysis.
7. 100% post service follow-up and analysis.
8. Repeat job analysis.
9. Conducting free service camps for outstation customers every month.
10. 2 Years warranty at unlimited mileage
SOME GENERAL STEPS TO BE TAKEN BY THE DEALER:
How does the marketer should deal with the responses of dissatisfied customers?
The following are the grand rule.
Monitor regularly the consumer reactions:
Marketer should initiate and encourage regular monitoring of consumer reactions towards
him, his product range and a particular brand. A continuous monitoring of data will develop
into as information systems and serve as early signals.
36
Satisfaction or
37
CHAPTER III
DATA ANALYSIS
AND
INTERPRETATION
38
Sources
No of Respondents
Percentage
Television Advertisement
34
34
Newspaper Advertisement
15
15
Friends and Relatives
45
45
Other Sources
6
6
Total
100
100
ILLUSTRATION IV.1: RESPONSE OF THE CUSTOMERS ON AWARENES ABOUT THE
CAR
INTREPRETATION IV.1:
39
From the above illustration it is observed that customers get awareness about the products &
brand from Television Advertisement 34%, Newspaper Advertisement 15%, Friends and
Relatives 45%, Other Sources 6%.
Mode of Purchase
No of Respondents
Percentage
Through Loan
80
80
Direct Payment
20
20
TOTAL
100
100
INTREPRETATION IV.2:
In the above illustration 80% of the respondents purchased the car through the loan and
remaining 20% through direct payment. Most of customers have purchased the car through
40
loans. So the company should provide some satisfied finance option by giving attractive finance
schemes and satisfied interest rates. So that it will help future customers for buying the cars
3) What you considered while purchasing the Tata Cars
TABLE
IV.3:
RESPONSE
OF THE
CAR
BUYERS
CONSIDERING
WHILE
Reason
Looks
Price
Color
Engine Capacity
Pickup
Accessories
TOTAL
ILLUSTRATION IV3:
No of Respondents
10
15
10
20
29
16
100
Percentage
10
15
10
20
29
16
100
41
INTREPRETATION IV.3:
From the above illustration the customers RESPONSE in buying the car is 10% for Looks, 15%
for Price, 10% for Color, 20% for Engine Capacity, 29% for Pickup, 16% for Accessories.
Since consumers consider more than one factor for buying a car. Most of them have chosen
because engine capacity, mileage, price, pickup because people are much aware about the value
of the money. This car provides and fulfills most of the needs like reasonably priced, satisfied
mileage, pick-up etc.
42
Price Rated
Highly priced
Reasonably priced
Approximately priced
Below level Priced
TOTAL
ILLUSTRATION IV.4: RESPONSE OF
No of Respondents
Percentage
12
12
73
73
15
15
0
0
100
100
THE CUSTOMERS ON PRICE LEVEL OF TATA
CAR.
INTREPRETATION IV.4:
From the above illustration the customers RESPONSE on car prices is indicated as 12% for
highly priced cars, 73% for reasonably priced cars and 15% for approximately priced cars.
Customer response that the price of Tata cars is reasonably priced, the customers have accepted
the price and the customers are satisfied from the price of the Tata cars. So the company should
maintain the price and try to reduce the price to slight extent if possible.
43
SL
Performance
Highly
Satisfied Dies-satisfied
Total No of
NO.
1
2
3
4
Pick-up
Interior
Mileage
Road
satisfied
38
7
19
42
57
59
60
40
9
34
21
18
Respondents
100
100
100
100
Handling
Comfort
Visibility
Service
5
6
7
35
22
55
40
53
31
25
25
14
100
100
100
Backup
ILLUSTRATION IV.5:
RESPONSE OF THE CUSTOMERS ON THE PERFORMANCE OF THE CAR.
44
INTREPRETATION IV.5:
From the above illustration it is observed that some Tata customers are highly satisfied with all
the features like mileage, pick up, visibility, road handling etc. but still we can find that there are
customers showing their dissatisfaction whom the organization cant neglect.
Hence the
organization must try to make the dissatisfied customers to get satisfied or else their
RESPONSE may directly or indirectly affects the organization
6) How do you know about Tata Concorde Motors Sales And Services Center, Dhilsukhnagar?
TABLE IV.6: RESPONSE OF THE CUSTOMERS ON AWARENESS OF TATA
CONCORDE
MOTORS
SALES
AND
SERVICES
CENTER,
DHILSUKHNAGAR.
SL NO.
1
2
3
4
5
Advertisement Type
Through friends
Newspaper Ads
Campaigning
Television Ads
Other sources
Total
No of Respondents
28
24
6
0
42
100
45
Percentage
28
24
6
0
42
100
ILLUSTRATION IV.6:
TATA
CENTER,
CONCORDE
MOTORS
SALES
AND
SERVICES
DHILSUKHNAGAR.
INTREPRETATION IV.6: According to the above table, It is conclusion that, people who are
mostly knowing about TATA CONCORDE MOTORS SALES AND
SERVICES CENTER, DHILSUKHNAGAR. is through is any other means of
Promotion (42%), next highest is the awareness through Friends (28%), the third
position is awareness by promotion through News Paper Ads (23%) followed by
Campaigning (6%).
7) Are you satisfied with the Pre Purchase service?
TABLE IV.7 RESPONSE OF CUSTOMERS ON PRE PURCHASE SERVICE.
SL NO.
1
2
3
4
5
Respondents to queries
No of Respondents
Percentage
High Satisfied
46
46
Satisfied
34
34
Moderately Satisfied
16
16
Dissatisfied
4
4
Highly Dissatisfied
1
1
TOTAL
100
100
ILLUSTRATION IV.7: RESPONSE OF CUSTOMERS ON PRE PURCHASE SERVICE
46
INTREPRETATION IV.7
According to the above table, It is concluded that the Pre-purchase Service with respect to the
Respondents to Queries with respect to time is considered High satisfied (46%) by major
position of the sample. About 34% of the sample considered the Pre-purchase Service to be
satisfied is followed by 16%, considering being moderately satisfied and about 4% of sample
considering to the Pre-purchase Service is Dissatisfied and Very Dissatisfied
No of Respondents
Percentage
1
2
3
4
5
High Satisfied
Satisfied
Moderate
Dissatisfied
Highly Dissatisfied
TOTAL
51
33
11
5
0
100
51
33
11
5
0
100
47
INTREPRETATION IV.8:
According to the above table, It is concluded that 51% of the sample is considering that the
Order Processing time is high satisfied. 33% of sample is considering that the Order Processing
time offered by TATA Satisfied, followed by 11% of the sample is considering is Moderately
satisfied and 5% of the sample is considering it to be Dissatisfied.
No of Respondents
Percentage
1
2
3
4
5
High Satisfied
Satisfied
Moderate
Dissatisfied
Highly Dissatisfied
TOTAL
31
31
30
5
3
100
31
31
30
5
3
100
48
INTREPRETATION IV.9:
According to the above table, it is concluded that 31% of the sample is considering that the
Payment terms is High satisfied and satisfied. 30% of the sample is considering that the Payment
terms to be Moderately satisfied and 5% of the sample is considering is Dissatisfied and 3% of
the sample is considering it to be very dissatisfied.
10)
What factors do you consider for selecting TATA CONCORDE MOTORS SALES AND
SERVICES CENTER, DHILSUKHNAGAR.?
:TABLE
.
SL NO.
1
2
3
4
Factors
No of Respondents
Percentage
Well Merchandised
Good Customer Service
Near To House
Any Other
TOTAL
4
30
66
0
100
4
30
66
0
100
49
DHILSUKHNAGAR.
INTREPRETATION IV.10:
According to the above table, around 66% of the sample choose TATA CONCORDE
MOTORS SALES AND SERVICES CENTER, DHILSUKHNAGAR. due to
its Near to house factor, whereas around 30% of the sample choose Tata sales and
services center because of satisfied customer service. Around 4% of the sample
consider well merchandised factor as a last option for choosing Concorde motors.
Factors
Brand name
Quality
Advertisement
Price
Total
No of Respondents
17
70
4
9
100
50
Percentage
17
70
4
9
100
ILLUSTRATION IV.11:
INTREPRETATION IV.11:
According to the above table, Around 70% of the sample chose Tata due to its high Quality
attribute, followed by about 17%, taking into consideration the Brand Name attribute, as the
choosing factor About 8% of the respondents chose Tata, based on the Price factor and around
4% of the sample considers Advertising as the last option for choosing Tata brand.
Response
Excellent
Very good
Good
Poor
Very poor
Total
No of Respondents
28
43
27
2
0
100
51
Percentage
28
43
27
2
0
100
INTREPRETATION IV.12:
According to the above table, it can be conclude that around 43% of the sample rate TATA
CONCORDE
MOTORS
SALES
AND
SERVICES
CENTER,
DHILSUKHNAGAR.as Satisfied with responsiveness of SALES AND
SERVICE. About 28% of the sample consider as high satisfied, followed by 27%
of the sample for moderately satisfied in ratings. Around 2% rate this SALES
AND SERVICE CENTRE as Dissatisfied.
13) What is overall rating of TATA CONCORDE MOTORS SALES AND SERVICES
CENTER, DHILSUKHNAGAR.as Satisfied in respect of SALES AND
SERVICE.?
TABLE IV.13
.SL
NO.
1
2
3
4
Excellent
Very good
Good
Poor
32
41
25
2
32
41
25
2
52
Very poor
Total
0
100
0
100
INTREPRETATION IV.13:
According to the above table, it can be conclude that around 41% of the sample rate TATA
CONCORDE
MOTORS
SALES
AND
SERVICES
CENTER,
DHILSUKHNAGAR.as Satisfied in respect of SALES AND SERVICE. About
32% of the sample consider as high satisfied, followed by 25% of the sample for
moderately satisfied in ratings. Around 2% rate this SALES AND SERVICE
CENTRE as Dissatisfied.
53
CHAPTER IV
FINDINGS
SUGGESTION
FINDINGS
The following details can be inferred after analysis with a simple size of 50 which included
customers, by questionnaire method to find out the brand awareness towards Tata with reference
to Concorde Motors.
3. Most of the customers are aware of advertising campaigns that are being conducted by
Tata.
4. Brand awareness has a real and visible impact in the buying behavior of the people.
5. Though the customers are having good awareness levels regarding the product they are
not in a frame of mind to purchase it because of various reasons Tata is facing a tough
competition from the competitors with the same Kind of products.
6. The scale of advertising to promote Tata is not satisfactory and has to
Implement the
Suggestions
Suggestions are done on the basis of finding and analysis of data collected
Through questionnaire:1. In order to promote sale in highly competitive auto market attractive schemes
Such as
cash discount, complementary gift, lucky draws, etc. can be given to the Customers.
2. Customers should be contacted at a regular interval through phone calls and free
3. Servicing of the cars to ask them if they are facing any problems with the car as because
post sale with the customers may be very important to maintain customers satisfaction.
4. Advertising plays a very important role n increasing the awareness and in reminding the
customer about the products and services offered by Tata. Hence advertisement about the
55
firm and its products and services must be aired on local T.V channels as well as in
newspapers and magazines
5. Since the people tends to forget the advertising of a particular product a reminder
message has to be enforced in a regular interval and in a proper media which Would reach
a large number of potential customers.
6. As from the inference we can see that the most important criteria for selection of the car
is its performance which includes price, mileage, speed, braking efficiency, maintenance,
etc. There would be definite increase in the sale of thecar if this point would be looked
into and improved.
56
ANNEXURE
Questionnaire
Dear customer,
I Sharath babu studying final year MBA student of the St. Peters Engineeering College doing a
project work on Customer satisfaction TATA CONCORDE MOTORS
SALES AND SERVICES CENTER, DHILSUKHNAGAR. for my academic
purpose. I request you to kindly fill this questionnaire.
Thanking you,
Sincerely yours,
.1. Name:-
2. Age: -
18-25
25-40
40-55
>55
57
3. Sex
4. Occupation:-
Male
Female
Business
Professional
Student
Others
Employee
d) Other Sources
b) direct payment
b) Price
d) Engine Capacity
c) Color
e) Pickup
f) Accessories
b) Interior
c) Mileage
e) Comfort
f) Visibility
g)Service Backup
d)Road Handling
CENTER, DHILSUKHNAGAR.
a) Through friends
b) Newspaper Ads
c) Campaigning
d) Television Ads
e) Other sources
b) Satisfied
c) Moderately Satisfied
d) Dissatisfied
e)Highly Dissatisfied
b) Satisfied
c) Moderately Satisfied
d) Dissatisfied
e)Highly Dissatisfied
b) Satisfied
c) Moderately Satisfied
58
d) Dissatisfied
e)Highly Dissatisfied
14. What factors do you consider for selecting tata concorde motors sales and services center,
dhilsukhnagar.
a) Well Merchandised
c)Near To House
b) Good Customer Service d) Any Other
15. What made you to purchase this particular brand product
a) Brand name
c) Advertisement
b) Quality
d) Price
16. How do you rate our responsiveness in dealing with you?
a) Excellent
c) Good
b) Very good
d) Poor
e) Very poor
17. What is overall rating of Tata Concorde motors as Satisfied in respect of SALES AND
SERVICE
a. Excellent
b. Very good
c) Good
d) Poor
e) Very poor
BIBLIOGRAPHY
59
BIBLIOGRAPHY
TEXT BOOKS:
The Text Book of Marketing, Keith Blois, Oxford University Press, 2008 year edition
Marketing Mangement, Abraham Koshy and Mithileshwar Jha, Dorling Kindersley Ind.
Pvt. Ltd., 2007 year edition
Marketing Research, Alvin.C Burns and Ronald F. Bush, Pearson Education0020Inc., 2006
year edition
Introduction to Marketing, Mc Daniel and Lamb, Thomson South West Publishers, 2006
year edition
Marketing, Roger A Kerin and Steven W Hartley, Oxford Publications, 3rd edition.
Creating Market Orientation, John C. Narver, Tata Mc Graw Hill Publishers, 8th edition.
Creating market orientation, Stanley.Flater, Tata Mc Graw Hill Publishers, 8th edition.
60
WEBSITES:
www.Tatamotors.org
www.automobiles.com
www.globalautomobiles.com
MAGAZINE:
Hot wheels
61