Manoj Honda
Manoj Honda
On
Customer perception about HONDA
A Case Study on BATHINDA AUTOMOBILES
Submitted in the partial fulfillment for the requirement of the Degree of
Master of Business Administration (Integrated course)
(2014-2015)
Submitted By
Manoj
Kumar
MBA(IC) 2ND
Roll no. 721
INDEX
S.NO
CHP. NO
TOPIC
1.
CERTIFICATE
2.
ACKNOWLEDGEMENT
3.
DECLARATION
4.
PREFACE
PAGE. NO
5.
1.
COMPANY PROFILE
1-11
6.
2.
HONDA PRODUCTS
12-21
7.
3.
REVIEW OF LITERATURE
22-25
8.
4.
RESEARCH METHODOLOGY
26-29
9.
5.
30-43
10.
6.
FINDINGS OF RESEARCH
44-45
11.
7.
CONCLUSION
46-47
12.
8.
SUGGESTIONS
48-49
13.
9.
LIMITATIONS OF RESEARCH
50-51
14.
10.
52-54
15.
BIBLIOGRAPHY
56-57
16.
ANNEXURE
58-62
ACKNOWLEDGEMENT
I take this opportunity to express my deep sense of gratitude to all my friends
and seniors who helped and guide me to complete this project successfully. I am
highly grateful and indebted to my project guide Mr. Raja ram, sales manager of
BATHINDA AUTOMOBILES PVT. LTD. INTERNATIONAL HONDA Bathinda
and for their excellent and expert guidance in helping me in completion of project
report.
I would also thank the whole sales team of BATHINDA AUTOMOBILES
PVT. LTD. INTERNATIONAL HONDA, Bathinda, who has continually helped me in
completing the project report. And I am also thankful to my parents and my friends
who have continually support and encouraged me in completing the report.
Manoj Kumar
DECLARATION
I Manoj Kumar hereby declared that the work which is being presented in the
project report CONSUMER PERCEPTION ABOUT HONDA is the record of
authentic out by me under the supervision of Mr. Raja ram, Sales Manager
BATHINDA AUTOMOBILES PVT. LTD. INTERNATIONAL HONDA, Bathinda
submitted fulfillment of the award of degree Master of Business administration
(integrated course) to the University School of Business Studies, Guru Kashi Campus
(Punjabi University) Talwandi Sabo, (Bathinda). Any literature, data or works done by
others and cited within this dissertation has been given due acknowledgement and
listed in the reference section.
---------------------------Signature
PREFACE
The successful completion of this project was a unique experience for me
because by visiting many place and interacting various person, I achieved a better
knowledge about this project. The experience which I gained by doing this project
was essential at this turning point of my career this project is being submitted which
content detailed analyst of the research under taken by me.
CHAPTER I
COMPANY PROFILE
1.
COMPANY PROFILE
Honda Motor Co., Ltd. is a Japanese public multinational primarily known
as a manufacturer of automobiles, motorcycles and power equipment. Honda has been
the world's largest motorcycle manufacturer since 1959, as well as the world's largest
manufacturer of internal combustion engines measured by volume, producing more
than 14 million internal combustion engines each year. Honda became the secondlargest Japanese automobile manufacturer in 2001. Honda was the eighth largest
automobile
manufacturer
in
the
world
behind General
Motors, Volkswagen
Group, Toyota, Hyundai Motor Group, Ford, Nissan, and PSA in 2011.
Honda was the first Japanese automobile manufacturer to release a dedicated
luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle
History
As a young man, Honda's founder, Honda Sichir had an interest in
automobiles. He worked as a mechanic at the Art Shokai garage, where he tuned cars
and entered them in races. In 1937, with financing from his acquaintance Kato
Shichir, Honda founded
2.
Tkai Seiki (Eastern Sea Precision Machine Company) to make piston rings working
out of the Art Shokai garage. After initial failures, Tkai Seiki won a contract to
supply piston rings to Toyota, but lost the contract due to the poor quality of their
products. After attending engineering school without graduating, and visiting factories
around Japan to Better understand Toyota's quality control processes, by 1941 Honda
was able to mass-produce piston rings acceptable to Toyota, using an automated
process that could employ even unskilled wartime laborers by 1964.
Over the next few decades, Honda worked to expand its product line and
expanded operations and exports to numerous countries around the world.
CEO Tadashi Kume was succeeded by Nobuhiko Kawamoto in 1990.
Kawamoto was selected over Shoichiro Irimajiri, who oversaw the successful
establishment of Honda of America Manufacturing, Inc. in Marysville, Ohio. Both
Kawamoto and Irimajiri shared a friendly rivalry within Honda, and Irimajiri would
resign in 1992 due to health issues.
Following the death of Soichiro Honda and the departure of Irimajiri, Honda
found itself quickly being outpaced in product development by other Japanese
automakers and was caught off-guard by the truck and sport utility vehicle boom of
the 1990s, all which took a toll on the profitability of the company. Japanese media
reported in 1992 and 1993 that Honda was at serious risk of an unwanted and hostile
takeover by Mitsubishi Motors, who at the time was a larger automaker by volume
and flush with profits from their successful Pajero and Diamante.
Kawamoto acted quickly to change Honda's corporate culture, rushing through
market-driven product development that resulted in recreational vehicles.
CORPORATE PROFILE AND DIVISIONS
Honda is headquartered in Minato, Tokyo, Japan. Their shares trade on
the Tokyo Stock Exchange and the New York Stock Exchange, as well as exchanges
in Osaka, Nagoya, Sapporo, Kyoto, Fukuoka, London, Paris and Switzerland.
3.
The company has assembly plants around the globe. These plants are located
in China, the United States, Pakistan, Canada, England, Japan, Belgium, Brazil,
Mxico, New Zealand, Malaysia, Indonesia, India, Philippines, Thailand, Vietnam,
Turkey, Taiwan, Peru and Argentina. As of July 2010, 89 percent of Honda and Acura
vehicles sold in the United States were built in North American plants, up from 82.2
percent a year earlier. This shields profits from the yen's advance to a 15-year high
against the dollar. Honda Racing Corporation (HRC) is Honda's motorcycle racing
division.
Honda has also created joint ventures around the world, such as Honda Siel
Cars , Guangzhou Honda and Dongfeng Honda in China, Boon Siew Honda in
Malaysia and Honda Atlas in Pakistan.
Growth:
During FY 2012-13, HMSI achieved record breaking sales of 27.54 lac units
and became the 2nd largest 2Wheeler Company in Indian two-wheeler market with a
significant 31% growth. Overall, in current fiscal 2013-14, HMSI aims to sell 39.3 lac
units and register a phenomenal 43% growth over previous year.
Expansion:
HMSI reached its peak production level of 16 lac units at its Manesar
(Haryana)
5.
Facility in 2010. To serve customers faster, HMSI added fresh 12 lac unit annual
production capacity at its second plant in Tapukara (Rajasthan) in FY11-12. To
further meet increasing customer demand, Honda has inaugurated its third plant of 12
lac unit production capacity at Narsapuram (Dist. Kolar, Karnataka) on May 28, 2013
and production commenced starting June13. Overall, HMSI cumulative production
capacity from its 3 plants is 40 lac units annually. An additional 6 lac unit capacity
expansion announced at 3rd plant will take production capacity to 46 lac units by
FY14 end.
Network:
In the end of FY 2012-13, HMSI Sales & Service network stood at over 1950
outlets (includes 654 Dealers, 670 Branches/Sub dealers, 565 service set-ups) across
India. Further, New Zonal offices were inaugurated at Ahmadabad, Chennai, Bhopal,
Mohali and Bhubaneswar for amassing local market intelligence, strategizing and
implementing regional approach faster. In current FY2013-14, we target to add a
total of 500 more outlets and provide service closer to customer with a network of
2500 sales and service outlets.
Safety Promotion:
As a responsible manufacturer, Safety is a priority for Honda. Honda has been
regularly conducting safety riding activity for females, CRF 50 and Primary training
for kids, riding trainer simulation at dealerships. Till date, HMSI has trained more
than 2 lac customers, 41630 children and 8100 women on road safety.
Environment Conservation:
On the environmental front, Honda wants that tomorrow be greener than
today. To ensure Joy for next Generation, Honda implements environmental
management at its premises. It various efforts include reducing and reusing waste to
achieve zero emissions, resource conservation, improved efficiency and promotion of
Green Factory, Green Supplier, Green Dealer initiatives.
6.
Awards:
Honda Motorcycle & Scooter India has been recognized by 15 prestigious
awards for both Brand and products. These include the Most Preferred Scooter
Brand in North-East, two awards for Best Manufacturer to Support Indian Racing
and three Manufacturer of the Year awards.
On the product front too, Hondas first truly mass motorcycle for India
Dream Yuga has been the proud recipient of 6 key awards including Viewers
Choice of the Year, Motorcycle up to 110cc, & AAA Creative TV Commercial of
the Year at the NDTV Car & Bike Awards 2013 and Motorcycle of the Year up to
115cc at Bike India Awards, Compact Bike of the Year at CNBC Tv18 Overdrive
Awards and Motorcycle of the Year up to 110cc at the ET ZigWheels Awards.
HMSI PHILOSOPHY
CORPORATE PHILOSOPHY
HMSI operates on a principle, which is followed worldwide by all Honda Companies.
Maintaining a global viewpoint, we are dedicated to supplying products of the highest
quality, yet at a reasonable price for worldwide customer satisfaction. Honda's
philosophy is based on the company's guiding principle and advocate 2 fundamental
beliefs: RESPECT FOR INDIVIDUAL
Honda recognizes and respects individual differences. The respect for
individual stems from the following three points:
Initiative
Equality
Trust
It is the contribution from each individual in the company that has made our company
what it is today and that, which will take us into the future.
THE THREE JOYS
7.
The joy of manufacturing high quality products.
The joy of selling high quality products.
The joy of buying high quality products.
power of dreams across INDIA. A country where a billion people carry their dreams
in their hearts, this philosophy brought alive by
SACH KAR DENGE SAPNE
HMSI PLANTS
First Plant
Location
Second Plant
Third Plant
IMT*
Manesar, Tapukara
Narsapura
Dist.
Gurgaon,
Haryana
Industrial
Area,
Area,Dist. Alwar,
Rajasthan
Annual
12
lac
units
Production
production)
production)
(production
started)
Capacity
8.
HMSI Sales Plan (Domestic + Export)
2001- 2002- 2003- 2004- 2005- 2006- 2007- 2008- 200902
03
04
05
06
07
08
09
10
SC 55,500 166,30 341,40 486,15 499,90 546,70 629,09 666,45 751,90
0
0
0
0
0
0
0
0
HM
SI MC 0
0
0
64,950 100,70 168,60 278,11 403,75 520,00
Sale
0
0
0
0
0
s Total 55,000 166,30 341,40 551,10 600,60 715,30 907,20 1,070, 1,271,9
0
0
0
0
0
0
200 00
Gro 100% 202% 105% 61% 9%
19% 27% 18% 19%
wth
Industry 3,321, 5,053, 7,948, 6,576, 7,580, 8,482, 8,087, 8,481, 10,569,
000 000 000 000 000 000 000 000 000
Market 1%
3%
4%
8%
8%
8%
11% 13% 12%
Share
201011
907,42
1
750,63
2
1,658,0
53
30%
201112
1,242,9
75
864,22
6
2,107,2
01
27%
201213
1,462,9
18
1,291,6
66
2,754,5
84
31%
The new Honda Eco Technology boosts fuel efficiency of Hondas products
resulting in a Dream Mileage (Mileage based on internal Honda test ride mode that is
close to actual city riding conditions). This revolutionary mileage benchmark is yet
another milestone from Honda.
Forming the crux of the revolutionary H.E.T. is the trio of improved
combustion, significantly reduced friction and optimized transmission in Honda
engine:
Reduced friction by offset crank, significant weight reduction of reciprocating parts,
low tension piston ring and improved bearing oil seal.
Improved combustion with highly ignitable nickel spark plug and optimized inlet
port.
By Optimizing Pulley converter ratio & driving force, the power has been maintained
& mileage has been increased.
9.
The HMSI factory is spread over 52 acres, with a covered area of about 85,815
square meters at Manesar, Gurgaon district of Haryana. The foundation stone for the
factory was laid on 14th December 1999 and the factory was completed in January
2001. The initial installed capacity was 100,000 scooters per year, which will reach 6,
00,000 scooters by the year 2005 and motorcycle capacity shall be 3, 00,000 per
annum. The total investment outlay for the initial capacity was Rs. 215 crores and
now the accumulated investment is 558 crores.
Official Name
Established
Place
Capital
Representative
Factory Location
Production
Capacity
HMSI VEHICLES
Motorcycles
sold
by
HMSI
include
the Aviator, Activa, Dio, Unicorn, Shine, CBF125
Stunner, CB
Twister, Dream
Yuga, CBR250R,CBR150R, Activa i, CB Shine, Dream NEO CB Trigger and Honda
CD110.
11.
CHAPTER II
HONDA PRODUCTS
12.
HONDA PRODUTS
HONDA ACTIVA
HONDA ACTIVA
TAG LINE: JOY ON & ON
The Honda Activa is a motor scooter made by Honda Motorcycle and Scooter
India. It was launched in India in 2000. Production in Mexico began in 2004.It is a
102 cc scooter. The vehicle has the option of kick- and self-start, includes the
puncture-resistant "tuff-up" tyre and tube combination. Its average fuel combustion is
45-50.Honda launched a new version of the Activa in 2009 with a new 109 cc engine.
New features like combi-brake and key shutter were introduced. Fuel economy was
claimed to be improved by 15%.Its price is around 47257 rupees.
13.
HONDA AVIATOR
HONDA AVAITOR
TAG LINE: LIVE YOUR STYLE
The Honda Aviator is a motor scooter produced by Honda Motorcycle and
Scooter India. Its slogan is "Live Your Style". It has a four-stroke 109 cc singlecylinder engine, HET engine, which is air-cooled. It is launched in 2009.It comes in
four colors. Its top speed is 93 km/hr. Its weight around 103 kg and its fuel capacity is
6 liter. Its tyres are tubeless. Its price is 48360 rupees-53644 rupees in showroom.
HONDA DIO
HONDA DIO
TAG LINE: LIVE FREE
14.
The Honda Dio was introduced in Japan in January 1988. The name is derived
from the son of Venus 'dyonisiac'. It is now manufactured and assembled in India by
Honda's HMSI subsidiary, from where it is exported to UK as the Honda Lead. The
Dio is equipped with cushioned seats and also a spacious under the seat storage box.
The Indian version has a 6-litre fuel tank, of which one liter is reserve, and the
Japanese version has a 4-litre fuel tank with no reserve. In 2012, HMSI launched a
new Dio at Auto Expo in India. It has a new 110 cc engine which also runs Honda's
Activa and Aviator. It also has a new look and new headlight. Its other specifications
are Engine: 4-stroke, single cylinder, Displacement: 110 cc, Combi breaks, Tyres:
tubeless. It comes in 4 colors and its price is 45545 rupees in showroom.
HONDA UNICORN
HONDA UNICORN
TAG LINE: BE A WING RIDER
The Honda Unicorn is a motorcycle developed by Honda Motorcycle &
Scooter India (HMSI) and introduced in 2005. The motorcycle was built and designed
by the Honda R&D team based in Osaka, Japan. It was internally called the
CBF150M. The engine was taken from CRF150F post 2005 engine. The design of the
bike was done keeping in mind Indian road conditions. Many new features were
incorporated, including
15.
A two-way air jacket and a diamond frame. The first version of the bike featured
spoke wheels and kick start only. Honda claimed the Unicorn accelerated from 0 to
60 km/h (0 to 37 mph) in 5 seconds. Honda released this motorcycle to compete with
the Bajaj Pulsar and the TVS Apache. A limited Moto GP "Unicorn Grand Prix"
edition had the guise of a Repsol Honda RC211V.
HMSI sold 720,000 Unicorns in 2007.In 2010, a premium, sporty and stylish
Variant of the Unicorn, the Unicorn Dazzler, was launched. Except its styling and
presence of disc brake at rear, the other features and specifications are same as that of
the original Unicorn. From 2010, the letters of CB attached for Unicorn model and
other variants of motorcycles from Honda.
It has 4-stroke engine, single cylinder, displacement is 149.1cc and tyres are
tubeless. Its price in show room is rupees 64363.
HONDA CBF STUNNER
HONDA CBR150R
TAG LINE: TASTE FIRST BLOOD
The Honda CBR150R is a sport bike with a 150 cc four-stroke engine, which is part
of the Honda CBR series manufactured by Honda. Built as the successor to the 2stroke Honda NSR 150, this bike has been sold in Thailand market starting from 2002
and they have been exported to many Asian countries and South Africa. Honda
Thailand produces new PGM-FI (Fuel-injection) version in 2010, but the power of
PGM-FI version is lower than the old carburetor version. It went on sale in India in
March 2012.Its price in showroom is rupees 119249 to rupees 120250.Other
specifications are water-cooled engine, Displacement: 149.4 cc, Fuel tank capacity: 13
liter
17.
HONDA CBR250R
HONDA CBR250R
TAG LINE: KNOW THE UNKNOWN
The Honda CBR250R is a single cylinder sport bike made by Honda. It was primarily
intended for the Thai and Indian markets, but is sold worldwide, including
in developed countries in Europe, North America and elsewhere. In developing
countries where typical motorcycles are 125150 cc displacement, the larger 249.5 cc
CBR250R is at the higher end of the sport bike range. In India its limited edition
known as Repsol launched. Its price in showroom is rupees 154547 to rupees
189881.Other specifications are Engine: 250cc, 4-stroke, Top speed: 140km/h,
Weight: 153 kg, Fuel capacity: 13 liter.
HONDA DREAM YUGA
Honda CB Trigger
HONDA CB TRIGGER
TAG LINE: UNTAME YOURSELF
Honda
CB
Trigger or CB150 is
150cc single
cylinder four-stroke
HONDA CB TWISTER
TAG LINE: WAKE UP TO A DREAM
19.
The Honda CB Twister or Honda CB110 is a 110 cc single cylinder four-stroke
engine bike made by Honda. It is manufactured and marketed in India by the Honda
subsidiary Honda Motor and Scooter India (HMSI). It is available in Colombia and
Philippines. It was introduced in December 2009.It is a scaled down model of Honda
CB1000R.It was given "the most awarded motorcycle of the year" in 2011. It is
available in the Colombia and Philippines as the Honda CB110, and in India as the
CB Twister. Its price in the showroom is rupees 45445 to rupees 51755.
HONDA CB SHINE
HONDA CB SHINE
TAG LINE: WINNERS CHOICE
The CB Shine is a 125cc motorcycle developed by Honda for the mass market
segment. The Honda CB Shine launched here in 2006 and was well received in our
market, going on to set new records across India, and worldwide. CB Shine is not
only the number one selling 125cc motorcycle in India but also the world. It has
124cc single cylinder air-cooled engine. The CB Shine has weight of 120kg which is
pretty decent for a 125cc motorcycle. It gives average 69.6kmpl in the city and
76.7kmpl on my occasional ride out of town.
The Honda CB Shine is sold in five colors Force Silver Metallic, Black,
Grey Metallic, Rebel Red Metallic and Monsoon Grey Metallic. Its price in
showroom is rupees 48241 to rupees 55057.
20.
HONDA DREAM NEO
21.
CHAPTER-III
REVIEW
OF
LITERATURE
22.
Aaker (2000) assess that brand awareness plays a vital role in consumer perception
especially when their buying pattern is not defined. Branded items give the feeling of
familiarity. Media and advertisement are effective tools for awareness.
Nandagopal and Chinnaiyan (2003) conclude that the mode of purchase of product
also effecting buying pattern and so perception of consumer.
(Uusitalo, 2001) Consumer preferences of product attribute is different according to
product nature as well as its Social and economic nature of consumer.
(Nor Khasimah Alimana and Md Nor Othman, 2007) Price is regularly taken as a
leading factoring guiding choice when it comes to making a buy decision. Price
normally has constantly been a determinant factor on consumers brand choice when
choosing a product or service. It is understood that when a consumer is facing a
buying decision for product purchase then he/she is so much concern about the prices
of the product and observe prices keenly. This helps them to maximize their direct
utility that they gain from the purchase. However, when consumer faces brand with
fluctuating prices and perceived quality levels, they would have to make decision
about the preference they make on the basis of attributes of the product.
CHAPTER IV
RESEARCH
METHODOLOGY
26.
RESEARCH METHODOLOGY
Research is the solution of the problem, whether created or already generated.
Interview
Questionnaire design
Primary data has been collected directly from sample respondents through interview
Method and with the help of structured questionnaire.
(b) Secondary Sources:
There are the various sources for secondary data like books, and small notes
Sheet, sales records, written material available in the company. The secondary data
was collected after choosing the topic, which is very practical and theoretical to the
research. It was collected from the company brochure and documents.
(3) Research Instrument:
Research instrument is used for the primary data collection is questionnaire.
(a) Sampling Size:
80 Respondents
(b) Sampling Unit:
Existing and new customers of Honda
(c) Sampling Area:
Bathinda
28.
29.
CHAPTER V
DATA
INTERPRETATION
AND
ANALYSIS
30.
Q1. Gender of the respondents?
Particular
Response
Percent
Male
52
65.0
Female
28
35.0
Total
80
100.0
INTERPRETATION
Graph:-1
65%
70%
60%
50%
35%
40%
30%
20%
10%
0%
Male
Female
Response
Percentage
18-28 yrs
16
20.0
29-39 yrs
24
30.0
40-50 yrs
28
35.0
Above 50
12
15.0
Total
80
100.0
INTERPRETATION
Graph:-2
18%
20%
18-28 years
29-39 years
40-50 years
27%
35%
above 50
Response
percentage
Student
10.0
Business man
28
35.0
Service man
20
25.0
Others
24
30.0
Total
80
100.0
INTERPRETATION
Graph:-3
30%
10%
student
Business man
35%
service man
others
25%
Response
Percentage
Up to 10000
5.0
10001-20000
16
20.0
20001-30000
28
35.0
30001-40000
24
30.0
Above 40000
10.0
None
0%
INTERPRETATION
Graph: 4
40%
35%
30%
25%
20%
15%
10%
5%
0%
35%
30%
20%
10%
5%
0%
Response
Percentage
High school
13
16.25
Graduation
35
43.75
Masters degree
18
22.5
Others
14
17.5
Total
80
100.0
INTERPRETATION
GRAPH: 5
50%
45%
44%
40%
35%
30%
25%
23%
20%
18%
15% 16%
10%
5%
0%
High school
Graduation
Master's degree
Others
Response
Percentage
Married
48
60.0
Unmarried
28
35.0
Separated
5.0
Total
80
100.0
INTERPRETATION
GRAPH: 6
8
920%
8
7
6
5
4
3
2
1
0
Married
35%
5%
Separated
Unmarried
36.
Q7. Family size of the respondents?
Particulars
Response
Percentage
1-3
16
20.0
4-5
28
35.0
More than 5
36
45.0
Total
80
100.0
INTERPRETATION
GRAPH: 7
20%
45%
1 to 3
4 to 5
35%
More than 5
37.
Q8. Which car of Hyundai brand you recently have?
Model
Activ
Dio
Stunne
Trigge
Shin
Other
m neo
Response
15
13
15
15
percentag
12%
2.4
10.4%
12%
12%
4%
1.6%
2.4%
7.2%
INTERPRETATION
Graph: 8
14%
12%
12.00%
12.00% 12.00%
10.40%
10%
7.20%
8%
6%
4.00%
4%
2.40%
1.60%
2%
2.40%
0%
Brand
shape
image
10
10
11
16
10%
12.5%
12.5%
13.75%
20%
INTERPRETATION
GRAPH: 9
Power
Fuel
efficiency
25%
20%
15%
10%
20%
5%
10%
13%
13%
14%
Brand image
Power
0%
Size and shape Technology
Fuel efficiency
39.
Q10. What attracts you more to buy a Bike/Scooter?
Particulars
Response
Percentage
Features
20
25.0
Price
12
15.0
24
30.0
Total
80
100.0
INTERPRETATION
GRAPH: 10
30%
30%
25%
25%
15%
20%
15%
10%
5%
0%
Features
Price
Response
Percentage
Yes
76
95.0
No
5.0
Total
80
100.0
INTERPRETATION
GRAPH: 11
100%
80%
60%
95%
40%
20%
5%
0%
Yes
No
41.
Q12. Your experience with the Honda brand?
Particulars
Response
Percentag
e
20
25.0
2 to 4 yrs
24
30.0
4 to 5 yrs
22
27.5
14
17.5
Total
80
100.0
INTREPRETATION
GRAPH: 12
18%
25%
28%
30%
Response
Percentage
Extremely satisfied
16
20.0
Satisfied
40
50.0
Neutral
16
20.0
Dissatisfied
7.5
Extremely dissatisfied
2.5
Total
80
100.0
INTERPRETATION - GRAPH: 13
60%
50%
40%
30%
20%
10%
0%
50%
20%
20%
8%
3%
CHAPTER - VI
FINDINGS OF THE
RESEARCH
44.
FINDINGS
Customers always expects for a better quality of service from the automotive
dealers, so that they will not suffer any loss because of them. While surveying,
I find that all customers have not the same expectations, and they are not same
by economically or geographically. So the behavior pertaining while dealing a
Bike / Scooter, all customers do not behave in the same way. Some of them
want more discount, some of them want a better service after sale.
About 80% of bike users are using the brand Honda. They have faith on
Honda.
The analysis report says that most of the users are using Honda scooters.
The analysis report says that their bikes are popular in the market because of
some its special features like, look, features, price, availability, mileage etc.
Customer
is
highly
satisfied
with
the
service
which
helps
in
customer retention.
Company has created goodwill among the customers which will help them to
recommend bikes to friends and relatives.
45.
CHAPTER VII
CONCLUSION
46.
CONCLUSION
The survey conducted for among various players in the small bike segment
automobile industry led to the conclusion that consumers do not usually go for feature
rich bikes. Most often the companies fail to communicate those features to the
audience. Like in case of Honda CBR250 which was one of top feature rich product
but not in the minds of consumers, Consumers did not take CBR250 to the level that
was expected by the company when they introduced it in the market
Common pattern observed in the positioning of bikes:
They are often not marketed as common to all bikes. Its prime focus is
youth. As per the consumer analysis of Indian automobile sector, it shows the Indian
buying behavior is influenced largely by the family. The first preference of an Indian
people is to buy a bike for the whole purposes
Pricing has been a big concern for the small bikes. The clutter present
in this segment makes it extremely difficult to price it according the competitor which
might be providing better performance, style and comfort at the same price.
Outer look was one of the parameter on which different brands were
surveyed .With the competitors providing better look at the same price brand, Honda,
the leading brand in this segment was seen lagging to other players.
It has been observed that Indian apart from the outer looks; prefer to
buy a bike with mileage. This is also seen as a big reason why less mileage bikes are
not considered for long distance travelling.
47.
CHAPTER VIII
SUGGESTIONS
48.
SUGGESTIONS
Company should try to know the exact expectations of the customers so that
they can achieve the organizational goal by providing them a better service
which matched with the customers expectations.
They should implement all the promotional and customer attracting strategies
to attract more and more customers.
All customers have not the same expectations, because of their life style,
economic condition, geographical area, and religions etc. so company should
try to know the all expectations and welcome them in different way.
Company should enquire that, their customers are satisfied or not satisfied
with the efforts, and go through the customers feedback.
CHAPTER - IX
LIMITATIONS OF
RESEARCH
50.
LIMITATIONS OF RESEARCH
This is a time consuming research method & the respondents did not have
People also did not give proper response for Questionnaire & interview,
because of short time.
The people in high income band are not easily approachable under this
method and to that extent the data may prove inadequate.
51.
CHAPTER X
S.W.O.T. ANALYSIS
OF
HMSI
52.
is only possible because of the increase in the demand for less pollution 2
wheelers.
THREATS
One of the major threats is the economic slowdown.
All the external changes for instance taxes, politics as well as government
54.
BIBLIOGRAPHY
55.
BIBLIOGRAPHY
WEBSITES
http://en.wikipedia.org/wiki/Honda_Aviator
http://en.wikipedia.org/wiki/Honda_Activa
http://en.wikipedia.org/wiki/Honda_CB_Twister
http://en.wikipedia.org/wiki/Honda_CBR150R
http://en.wikipedia.org/wiki/Honda_CBR250R_(2011)
http://en.wikipedia.org/wiki/Honda_Dream_Yuga
http://en.wikipedia.org/wiki/Honda_Shine
http://en.wikipedia.org/wiki/HMSI
http://en.wikipedia.org/wiki/Honda
http://www.honda2wheelersindia.com/
http://yes.honda.co.in/honda-motorcycle-scooter.aspx
http://www.freeswotanalysis.com/automobile/88-honda-swot-analysis.html
http://www.skirec.com/images/download/apjrbm/APJRBM-DEC-10/3.pdf
http://www.ijoart.org/docs/Consumer_Perception_and_Buying_Decisions.
pdf
http://www.vsrdjournals.com/MBA/Issue/2011_3_March/2_Vivek_Srivast
ava_Research_Article_Mar_2011.pdf
http://www.academia.edu/7886745/Study_of_Customer_Perception_after_
seperation_of_Hero_and_Honda_-_Study
http://www.rediff.com/expctations/automobile/dealers
BOOKS
Marketing Management by Philip Kotler
MAGAZINES / NEWSPAPER / OTHERS
Honda bike/Scooter Brochure, Honda Booklets
56.
ANNEXURE
57.
QUESTIONNARIE
Respected Sir/ Madam
I am Manoj Kumar, student of MBA(IC) 4th semester
University School of Business Studies, Guru Kashi Campus (Punjabi University);
Talwandi Sabo (Bathinda) is undergoing training at Bathinda Automobiles Pvt. Ltd.,
International Honda, Bathinda. I need your full support to fill this questionnaire.
The information you fill in this questionnaire will be used only for research purposes.
Kindly fill this questionnaire. I shall be very thankful to you for this.
Q1. Gender?
a) Male
b) Female
Q2. Age ?
18-28 years
29-39 years
40-50 years
Above 50
Q3. Occupation?
Particular
Student
Businessma
servicema
Others
Response
58.
Q4. Monthly income?
Particular
Up
10000
to 1000120000
20001-
30001-
Above
30000
40000
40000
Response
High school
Graduatio
Masters
degree
Response
59.
Q8. Which car of Honda brand you recently have?
Others
None
Model
Activ
Di
Stunne
Trigger Shin
m neo
Respons
e
Q9. Which features what you more expect to have in your Bike / Scooter?
Size and Technolog
Brand
shape
image
Power
Fuel
efficiency
Response
Features
Price
After sale services
Q11. Do the dealers inform you about the new changes in the services?
Particulars
Response
Yes
No
60.
Q12. Your experience with the Honda brand?
Particulars
Less than 1 yrs
Response
Other
s
2 to 4 yrs
4 to 5 yrs
More than 5 yrs
Q13.In the given table below, how would you rate your level of overall satisfaction
with the Honda Company?
Particulars
Response
Extremely satisfied
Satisfied
Neutral
Dissatisfied
Extremely dissatisfied
61.