A Study On Consumer Satisfaction of EV Vehicles
A Study On Consumer Satisfaction of EV Vehicles
Project Report
On
(Associate Professor)
1
CERTIFICATE
Associate Professor
Jaipur
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DECLARATION
I, Ayush Lasod student of BBA Sem V hereby declares that the project work
presented in this report is my own work and it has carried out under the
supervision of Dr. Richa Singhal (Associate Professor) of S.S Jain Subodh P.G
(Autonomous) College.
This work has not previously been submitted to any other university for any
examination.
Ayush Lasod
Jaipur
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ACKNOWLEDGEMENT
It is not often in life that you get a chance of appreciating and expressing your
feelings in black and white to thank the people who have been a crucial part of
your success, your accomplishments, and your being what you are today. I take
this opportunity to first thank the faculty at S.S Jain Subodh P.G (autonomous)
college, especially Prof. K.B. Sharma, Principal and Dr. Priti Gupta Head,
Department of BBA for inculcating and instilling me the knowledge, will power,
values and competitiveness and professionalism. required by me as a
management student.
I would like to give special thanks to Dr. Richa Singhal - Associate Professor
(Faculty Guide) for educating me in a silver lining in every dark cloud. Her
enduring efforts, guidance, patience, and enthusiasm have given a sense of
direction and purposefulness to this project and ultimately made it a success. I
express my sincere and heartiest thanks to everyone who has contributed
towards the successful completion of the project.
Finally, I would like to thank our family and my parents for supporting me
spiritually throughout my life.
Ayush Lasod
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Contents:
4- Literature Review…………………………………………………….33
5- Research Methodology……………………………………………….36
Bibliography…………………………………………………………78
Appendix…………………………………………………………….80
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1. About Urban Clap- An Introduction
Urban clap employees over 25,000 service professionals and caters to 50,00,000
people in a year. It also boasts a reach of service in 18 different cities. Valued at
$850 Million, Urban Clap is one of the most well-known startups.
Despite its popularity, it’s perception is mostly limited to personal services like
salon and cleaning. Little is known about the Fitness services and coaching they
provide, despite it being a 4-year-old feature.
In this presentation case study, the student team will tackle the issue of the
unpopularity of their fitness segment with the help of deep insights and data-
driven solution making.
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Historical Background
The beginning
The first venture Raghav and Khaitan worked on together was Cinemabox, an
on demand movie streaming platform which provided entertainment for long
distance buses, trains and planes, while Bahl was working on a startup of his
own. However, although both had ideas which were unique and one of a kind
when they were launched, not a lot of people took a liking to it and very soon,
the three founders realised all their hard work had gone to naught.
It was around this time that the two were introduced to Abhiraj Bahl, a man with
similar vision and a dream to think big. The three of them came together with a
single mission to create something extraordinary and by pooling in a grand total
of Rs. 10 lakhs, the three founders started UrbanClap.
The trio realised there was a gap between the way people found services and in
the way people connected with the service providers. Using their personal
experiences and realising that even in 2014, people had a difficulty in finding
services they really needed. UrbanClap, as a company was formed by realising
this need and by essentially turning the Yellow Pages format into an online
platform.
Within six months of creating the service, the three founders raised a series of
funding from different people and by 2015, the startup had raised more than a
million dollars. UrbanClap earns its revenue by taking a certain amount of
money in the form of commission, a barter which helps it grow and sustain the
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model. With a business model like this, it comes as no surprise that the founders
don’t want an IPO in the near future.
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India’s On-demand Home Service Market is Ripe for Disruption
Indians have never embraced the DIY culture and prefer the DIFM (Do it for
me) instead. And thus, home services were always outsourced to the
neighborhood service provider, despite their questionable quality, reliability, and
punctuality. But the rise of smartphones, cheap internet, and a rising middle
class has fueled the growth of the on-demand home service market. This
industry gained even more prominence during the pandemic and has been
growing steadily.
It's no wonder that India is one of the significant contributors to the global
growth of the online on-demand home service market, which is expected to
grow by $4.75 billion from 2021 to 2026 at a CAGR of 60.77%.
2019-2020 proved out to be game changing years for the industry. The industry
stepped up its game, Strict hygiene and sanitation standards won over even those
sceptical. Specialized applications displaying vitals relating to vaccination
status, bodily temperature and even travel history stood out catapulting the
market to its contemporary potential.
Platforms have made signing of those with real skills not just a habit but a
mantra. Specialists assigned to repair a microwave or just to trim one’s
overgrown hair, are verified by the platforms in order to make the consumer
experience, one that will make him come back for more.
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The Challenges:
Regulatory Challenges
Perhaps the greatest challenge faced by the Home Maintenance and Services
Industry today. Industry players have faced strikes and threats to agitate on
multiple occasions, the reason behind the strikes was to force these startups and
other stake holders to make sure of women workers safety while on
work. Although legislations such as The Sexual Harassment of Women at
Workplace (Prevention, Prohibition and Redressal) Act, 2013 and Protection of
Women from Domestic Violence, 2005 exist but works still needs to be done in
order to change the ground reality.
This industry is still nascent, and with the low barrier to entry, new entrants can
easily make a mark here. But they must take care of the following aspects.
Partner Training
Businesses in this sector act as aggregators and must work with multiple
partners and vendors to deliver the services to the users. These vendors
must be onboarded into their system and be trained in the standard
operating procedure to keep the service consistent. They should also
create training sessions for the vendors specific to their category and take
tests to check whether the skills have been imbibed.
Customer Engagement
Businesses must analyze all the customer data at their disposal to create
personalized offers and experiences for their customers. They must also
simplify the application's user interface so that a user can book a service
with minimal effort. Once a service is booked, the application must
communicate the customer's preferences to the vendor to manage the
entire process seamlessly.
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So, how can businesses achieve all this at scale? Adopting intelligent solutions
can help them do that.
1. Zimmber
Zimmber’s On-demand Services are Available on their android app. People can
download the Zimmbers mobile app and book different services without any
hassle. After the Customer has booked the Service, they will be contacted by the
zimmber team to confirm the availability. Once the Customer Confirms the
Availability, Zimmber Sends their Skilled Service Providers to the Customer’s
Location.
Till Now Zimmber has raised more than $7.4M in 3 rounds of funding from
Investor Like Chiratae Ventures,
Omidyar Network and Aarin Capital. Zimmber’s Long-term plan is to expand its
services Category and enter tier 2 cities in India.
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In 2017, Quikr India one of the Biggest classifieds businesses acquired Zimmber
for a $10 Million all stock Deal. This STrategic Move has not just helped
Zimmber to grow but also Quikr to Expand its Services into hyperlocal
household services Businesses in India.
2. Housejoy
After the Urban company and Zimmber, Housejoy is the third most popular On
Demand Home Service Providers Company in India. Started in the Year 2014
by Arjun Kumar, Sanchit Gaurav, and Sunil Goel, Housejoy is a platform that
allows customers to book quality professionals for services like construction,
pest control, Home repair, Cleaning, and Home Salon.
Housejoy has raised a total of $30.2M of Funding from investors like Growth
Story, Vertex Ventures Southeast Asia & India, same capital, Vertex Ventures,
and Qualcomm Ventures.
3. Premend
All the Services offered by Premend can be booked easily through their
website premend.com. Customers have to fill in the details about the service
required, including location, Name, Email address, Phone Number, and
Message. Once all the details are filled in on the portal, someone from Premend
teams will contact the Customer for further process.
With their professional services, Affordable pricing, Ease of booking, and great
Customer Support, Premend can overtake Urban company to become one of the
Best On Demand Home Service Providers companies in India.
4. Timesaverz.com
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Founded in the year 2012 in Mumbai, Maharastra, Timesaverz.com is an online
marketplace for home repair and Maintenance Services. It all started when the
founder of Timesaverz.com Mr. Debadutta Upadhyaya and Lovnish Bhatia
Noticed the Gap in the Online marketplace for In-demand Services for home
services. Aiming to address this gap, Both the Founders started a Tech-enabled
home services startup, Timesaverz.
With the total funding of $3.2M raised over 3 Rounds. Looking at the
company’s success in such a highly competitive market where it’s being
dominated by big players like urban companies, Timesaverz.com Founders aims
to improve its services and expand its Services to newer markets in India.
5. HOMA2u
HOMA2u has raised a total of $1.2M over its 4 rounds of funding from
investors like Warisan Quantum Management Sdn Bhd and ScaleUp Malaysia.
HOMA2u and urban company Doesn’t Compete Directly because both the
companies operate in two different Countries. However, with this type of
Business model, HOMA2u can become a competitor of the urban companies in
coming years by Introducing home improv
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Management of Risk in home services industry
The home services industry, catering to services like home repairs, beauty, and
appliance maintenance, faces unique risks due to its decentralized workforce and
in-home service model. Effective risk management strategies are essential to
ensure quality, safety, and customer trust.
2. Workforce Management
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o Risk: In-home service delivery poses health and safety risks for
customers and workers.
Within just 24 months of its inception, UrbanClap has quickly become the
segment leader and are proving to be a serious competition to Amazon-backed
Housejoy and Tiger Global-backed LocalOye. Whilst these are the major
players in the home service industry of India, Traxcn finds that there are 270
similar companies that have been set up in past the five years.
So what’s unique about UrbanClap that led them to grow so quickly in the
country of more than a billion people? Exactly that—the problem of low quality
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and unreliable service providers being faced by the second largest population of
people. Let’s look into their the business plan and how they solved the problem.
To provide appropriate solutions, one needs to study the question carefully. The
student team has analysed Urban clap’s business model from many angles,
understood their customers and researched their competitors. Let’s take a deeper
dive into them:
1. Technical Analysis
The website and app of a company are like its office, a customer will judge you
heavily based on how well it looks and works. The students have collated all the
information in the form of creatives. Have a look:
Website Performance-
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Webpages are judged primarily on their credibility (domain authority) and their
performance, i.e., speed, ease of usage and SE
Website Traffic-
The audience that comes to a website, represents the traffic of a website. The
audience can come from majorly two sources – Organic or natural sources and
Non-organic or paid sources.
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Website traffic of urban Clap (shown in %)
App Performance-
Applications are of utmost importance now that the world has shifted to a
mobile first culture. App performance is based on user experience, speed and
ease of use.
During the research, the student found that Urban Clap has a great social media
presence and is present on all 4 major digital platforms, i.e., Facebook,
Instagram, Twitter and YouTube. The current generations, Millennials and after,
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are big consumers of social media. These platforms are a great way to connect to
your audience, to engage them and to be the brand they remember.
Let us look at the numbers of followers, engagement rate, and average post rate
enjoyed by Urban Clap.
Competitor analysis
We can see that Urban Clap has an edge over the other two and is present on
platforms like YouTube which the others are not.
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In the home services industry, social and ethical considerations are critical for
building trust and ensuring responsible practices:
1. Fair Treatment and Worker Rights: Ethical labor practices, fair wages,
and optional benefits for gig workers improve worker welfare and loyalty.
3. Privacy and Data Security: Data encryption and privacy laws protect
customer and worker data from misuse.
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Introduction
The company employs over 300 people, with over 65,000 enlisted professionals.
It is fully operational in at least 16 cities in India and their suburbs. It is just in
its preliminary stages, with real profits anticipated by 2019.
Founded: 2014
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Urban Company (formerly UrbanClap) is a home services platform connecting
service professionals with users needing various services. Their product and
service mix includes multiple services across different service categories.
1. Beauty and Wellness: This category includes salon services for women
and men, massage services for men, and beauty and grooming services
from the comfort of one’s home.
6. Health and Wellness: This includes fitness trainers, yoga instructors, and
dietitians who provide personalized services based on the customer’s
health and fitness goals.
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7. Business and Taxes: Urban Company also offers professional services
such as tax consulting, accounting services, and legal consulting, catering
to the needs of individual professionals and small businesses.
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1. Value-Based Pricing: Urban Company sets prices based on customers’
perceived value of its services. This approach ensures customers feel they
are getting good value for their money, enhancing satisfaction and loyalty.
Services that offer higher convenience, quality, or exclusivity are priced
accordingly to reflect their added value.
2. Dynamic Pricing: Urban Company may use dynamic pricing for its
services to manage demand and supply effectively. This means prices can
vary based on factors such as time of day, service demand, and
availability of service professionals. Dynamic pricing helps optimize
earnings for service providers while managing customer demand
efficiently.
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timed around festivals, holidays, or the launch of new services to
maximize impact.
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3.Urban Company Place Strategy
Urban Company’s place marketing or distribution strategy is integral to its
operational success and market penetration. Here are five key points that outline
how Urban Company approaches its place marketing strategy:
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4.Urban Company Promotion Strategy
The best offline/onsite marketing strategies the company has used involved the
launching of water leakage repair in Pune and Mumbai when the two cities
experienced water shortages. Local communities responded positively. In
addition, the free post control during the post-Chennai floods catastrophe also
did the company a lot of good.
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5.Urban Company People Strategy
The “People” aspect of the service marketing mix is crucial, especially for a
company like Urban Company. This company relies heavily on the quality of
service its professionals provide to ensure customer satisfaction. Here are the
key points regarding the “People” component of Urban Company’s service
marketing mix:
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Urban Company Process Strategy
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Urban Company Physical Evidence Strategy
The “Physical Evidence” in the service marketing mix refers to the tangible and
intangible elements that customers use to evaluate the service quality before,
during, and after service delivery. Creating a sense of trust and quality through
physical evidence is crucial for a digital-first platform like Urban Company,
which operates in the home services sector. Here are key points regarding the
“Physical Evidence” of Urban Company:
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3. Customer Satisfaction of Urban clap
For plumbing, and electrical work for home maintenance, the organization
accepts the money from the app and then charges its dues to the hired assistance.
The company is paying lead generation and funding listing to the experts.
The customers are not charged right away. They know the operation. The
specialist shall pay a fee for approving the order. If the expert can persuade the
customer to purchase the service, then monetizing is a success.
Five options are given to the user from which to choose the most comfortable
choice. If the service provider’s profile is not shown, he earns payable credit. If
the algorithm is successful, then less work must be performed by the user.
Using the app, users can go using a list of resources and select the correct
one, based on their requirements.
After purchasing the kit, the customer must pick a date and time for the
appointment.
The application enables users to test the service provider and its assets.
The presence can be assured by visiting the visitor’s page.
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Payments are made using advance or COD (Cash On Delivery).
The app has a dual purpose for the individual and one for the specialist
When the request is approved, alerts are received from the customer and
provider to validate the booking.
The UrbanClap model has been very popular in the ten Indian cities in which it
operates, and some 20,000 service professionals have been onboarded so far. In
addition to the current source of commissions from hired service staff, it also
launched a new revenue channel in the first few years. This second revenue
source came from lead generation and funded expert listings. The company paid
a fee for enhanced freelancers’ exposure should their services be viewed and
monetized through the platform. Through widening its activities, it has
succeeded in gradually raising its sales to 116 crores in the fiscal year of 2019.
Notwithstanding these high sales, however, the company has yet to hit the
break-even, as they made 72 crores of operating losses last year.
Such an unreflective development and thirst for success, as I’ve written before,
can potentially undermine sustainable startup success. It is a problem many
Indian businesses are grappling with and trying to figure out the right strategy
for foreign expansion to compensate for the losses. While it can be difficult to
formulate the best combination of foreign activities, UrbanClap seems to have
struck the nail on the head in preparing the expansion overseas. The business
launched on-demand services in Dubai, the United Arab Emirates in 2018 and
the following year it followed up with the establishment of a shop in Abu Dhabi.
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It has launched services recently in Australia, too. The decision to move to the
UAE was an important one, given the demographics available in the region. The
region’s large Indian population was a strong reason for launching operations
there, though cost considerations made it a viable move too. Customers in the
UAE are less price-sensitive, so services are priced at 3 or 4 times the Indian
prices, with more or less the same costs. Motivated by a similar idea was the
switch to Australia too.
Though it has increased the field of activities and the size of the population
served, however, the company has opted to cut back on the broad variety of
deals it has put out on its website so far. In October 2019, UrbanClap was
confirmed to be cutting back on non-core services including wedding
photography and event management, while concentrating on home and beauty
offerings that make up the largest portion of its revenue. The company also
launched masculine grooming services in November 2019, delivering men’s
salon products in the comfort of their homes.
1. 2021:
2. 2020:
3. 2019:
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- The introduction of the Tata Nexon facelift in early 2019, featuring refreshed
styling and new features, contributed to increased sales and market penetration.
4. 2018:
- 2018 marked the initial years of Tata Nexon's launch, and the compact SUV
quickly gained traction in the Indian market.
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Growth of Urban clap
UrbanClap, the largest home service marketplace in the Indian startup
ecosystem has revealed its financial reports for the fiscal year 2018-19, and it’s a
fresh wave of spring.
Abhiraj Bhal, co-founder and CEO of the company started with the crux of the
matter - the number of orders that go on to make the entire financial story.
When the company was founded four years ago, they had a minimum volume of
1 lakh during the fiscal year. That figure maintained a 3X growth every year to
achieve a 3.25 million order volume in FY19.
“This roughly translates into Rs 400 crore worth Gross Merchandise Value
(GMV) and Rs 116 crore in net revenue,” elaborated Bhal. The 3X growth in
volume again has been validated by the year on year growth in revenue. Starting
from Rs 80 lakhs in FY16, it has now reached a Rs 116 crore mark. To be exact,
this is a 2.2X jump from Rs 53.48 crore revenue in FY18.
To further elevate the consistency of this pattern, Bhal postulated that the FY19
exit order run rate, i.e. order volume in April 2019, was 625,000 orders a month
amounting up to 7.5 million volume in a year.
“The plan is to go deeper into these categories and foray into new ones as well.
Recently, the company had added painting and express cleaning to its service
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portfolio,” said Bhal. But as far as expansion plans are concerned, UrbanClap
isn’t limiting the diaspora to products and services. Geographical expansions is
gearing up even faster than other aspects.
Already present in 10 Indian and 1 international city, Bhal and team are pushing
the firm’s journey to 10 more tier II Indian cities in the upcoming fiscal year.
Internationally, Dubai’s fellow city, Abu Dhabi is next on the hit list apart from
1 other city in a country other than UAE. For this, there are 6 cities like
Singapore in the shortlist and the final decision is yet to be made.
All these plans were bound to put a dent on the company’s losses. “This is an
investment that shall reap benefits in future. If we wanted to we could have
become profitable now, but we chose to invest in a better future,” explained
Bhal while talking about the reasonable increase in losses.
Funding wise, the firm had raised a $50 million Series D round in December
2018 and a $2-2.5 million slice of the cake was shared with employees as well.
At that time, the firm’s valuation had reached $500 million.
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Combining this with company’s plans to double its 100 person tech product
team to further develop platform, core user and partner journey, training, data
intelligence, its targets of 10 million orders and Rs 250 crore revenue in FY20
seems absolutely reasonable.
In the end, a holler to this company for advocating transparency with media
regarding financial performance.
Update:
The company's audited financial statements reveal that it generated operating
revenue of Rs 115.7 crore in FY19, growing 2.5X as compared to Rs 46.7 crore
in FY18. Urban Clap's total expenditure also grew by 97.3 % to Rs 217 and it
recorded a loss of Rs&%.3 crore during FY20.
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Growth rate of urban clap
4. Literature Review
Literature Review
The term "digital marketing" refers to an approach that combines the use of
digital tools and techniques with more conventional methods of advertising
in the service of achieving a company's overarching marketing goals. The
corporations embrace this new kind of advertising in order to increase their
market share and take advantage of the convenience and ease with which
customers can conduct business via the numerous Smartphone applications
designed to facilitate and promote trading (Leeflang et al., 2014; Almaazmi et
al., 2021).
The advent of search engines and the rise of intense non-traditional company
competition over the past few decades have both contributed to the development
of the idea of digital marketing and its associated aspects (Ahmed et al., 2020;
Diventy et al., 2021).
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based on their interactions with these platforms, making brand marketing
programmes all the more important for HE providers. Email marketing and
search engine optimization are two more examples (Raji et al., 2018).
The ability to create an offer and effectively convey its value to the intended
audience is crucial for the management of every successful brand. The
most
Google, and Bing all return somewhat different sets of links (Jan and Ammari,
2016).
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like "top business school in Malaysia," Google will use its algorithm to return
relevant links.
The best way to get a handle on how social media accounts work is to
view them as a community. Historically, there hasn't been a centralised
meeting place for prospective and current students, faculty, and alumni. This
was true whether they were in the same physical location or communicating
through the internet. Lists on social networks are a useful way to keep track
of the people who follow a particular account. The convenience of social media
is that different types of constituents can have their own distinct groups or
mailing lists. In
addition to serving as a place for people to connect with one another, social
media may be used to track down an fan (Jan and Ammari, 2016).
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5. Research Methodology
Statement of problem
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Consumer Satisfaction about EV Vehicles:
48
Objectives of the study:
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4. Analysing Market Trends: To analyse market trends and consumer
behaviour in the Indian EV market, including purchasing patterns, brand
preferences, and willingness to pay for EVs, to provide insights for
manufacturers, policymakers, and industry stakeholders.
Sample Area: For the study on consumer satisfaction about EV vehicles in India,
the sample area chosen is Jaipur city. Jaipur's selection as the sample area
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offers several advantages, including its diverse population, urban infrastructure,
and growing interest in sustainable transportation solutions. By focusing on
Jaipur, the study aims to capture insights specific to an urban environment,
where factors such as commuting patterns, infrastructure availability, and
environmental awareness may influence consumer perceptions of electric
vehicles. Additionally, Jaipur's status as a major city in India provides a
representative sample of urban consumers, allowing for broader generalization
of study findings to other urban centres in the country. This localized approach
enables a more targeted investigation into the factors shaping consumer
satisfaction and adoption of EVs within the unique socio-economic and cultural
context of Jaipur city.
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In the investigation of consumer satisfaction regarding electric vehicle (EV)
usage in Jaipur city, a percentage-based data collection technique has been
adopted. This method entails quantifying the responses and viewpoints collected
from the sample population in terms of percentages. This systematic approach
enables the analysis of data trends and patterns. By utilizing percentages, the
study endeavours to offer a comprehensive understanding of how consumer
opinions are distributed across various facets of EV ownership and satisfaction,
including vehicle performance, charging infrastructure, and overall experience.
1. Sample Representativeness: The sample may not fully represent the diverse
population of Jaipur city, potentially introducing sampling bias. Certain
demographics or socio-economic groups may be underrepresented, affecting the
generalizability of findings to the broader population.
2. Limited Scope: Focusing solely on Jaipur city may limit the applicability of
findings to other geographic areas or urban contexts. Factors influencing
consumer satisfaction with EVs in rural areas or different cities may not be
adequately captured.
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5. Data Collection Methodology: Depending solely on percentage-based data
collection may overlook nuanced insights or qualitative aspects of consumer
satisfaction with EVs, such as personal anecdotes or in-depth perceptions that
could provide richer understanding.
While this study offers valuable insights into consumer satisfaction with EV
vehicles in Jaipur city, avenues for further research can enrich our understanding
and inform future strategies. Firstly, a comparative analysis between Jaipur and
other Indian cities could reveal variations in satisfaction levels and the influence
of regional factors on EV adoption. Secondly, a longitudinal study tracking
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changes in consumer attitudes over time would capture the evolving landscape
of EV adoption amidst technological advancements and policy interventions.
Thirdly, supplementing quantitative findings with qualitative investigations,
such as in-depth interviews, can unveil nuanced reasons driving consumer
satisfaction or dissatisfaction with EVs. Additionally, segmentation analysis
based on demographic and psychographic factors could identify distinct
consumer groups, aiding targeted marketing efforts. Exploring cross-cultural
differences in consumer perceptions and preferences for EVs across regions or
countries would provide valuable insights into societal attitudes towards
sustainability. Lastly, investigating the adoption of specific EV technologies,
like BEVs versus PHEVs, could shed light on their impact on consumer
satisfaction and adoption rates. By pursuing these avenues, researchers can
contribute to a deeper understanding of consumer dynamics in the EV market
and guide efforts to enhance satisfaction and accelerate adoption.
1). Do you think TATA Motors' electric vehicles offer a competitive range
compared to other EV manufacturers in the market?
Agree 25 12.5
Neutral 50 25
Disagree 10 5
55
Strongly Disagree 20 40
20
Strongly Agree
37.5 Agree
5 Neutral
Disagree
Strongly Disgree
25
12.5
Interpretation:
Neutral 25 12.5
Str 30 15
Strongly Disagree 20 10
57
Interpretation:
58
3). Do you think TATA Motors has invested adequately in developing a reliable
and accessible charging infrastructure for its electric vehicles?
Agree 25 12.5
Neutral 15 7.5
Disagree 25 12.5
Strongly Disagree 50 25
Strongly Agree
12.5
Agree
Neutral
Disagree
50 Strongly disagree
7.5
12.5
59
Interpretation:
60
4). Do you think TATA Motors' electric vehicles offer advanced technology
features that meet consumer expectations?
20
Strongly Agree
40
Agree
Neutral
10 Disagree
Strongly Disagree
10
20
61
Interpretation:
62
5). Do you think TATA Motors' electric vehicles have appealing design and
aesthetics compared to other EVs in the market?
Strongly Agree 22 11
Agree 25 12.5
Neutral 50 25
Disagree 80 40
11
31.5
12.5
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
25
40
63
Interpretation:
Opinions on the design and aesthetics of TATA Motors' electric vehicles varied
significantly among respondents. A modest 11% strongly agreed, indicating
appreciation for the appealing design and aesthetics compared to other electric
vehicles, likely attributing this to sleek design, modern styling, and attention to
detail. Similarly, 12.5% agreed, albeit less emphatically, possibly having minor
reservations or suggestions for improvement but overall viewing the design
positively. Conversely, a significant 40% disagreed, finding the design and
aesthetics unappealing or uninspiring, potentially due to dated styling, lack of
innovation, or design inconsistencies. Additionally, a notable 31.35% strongly
disagreed, asserting that TATA Motors' electric vehicles lack appealing design
and aesthetics compared to competitors, likely driven by personal preferences or
negative perceptions of the vehicles' appearance. Meanwhile, a quarter remained
neutral, possibly reflecting mixed opinions or limited exposure to the vehicles.
These diverse viewpoints highlight the subjective nature of design perception
and the importance of continuously evolving design language to meet consumer
preferences in the competitive electric vehicle market.
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6). Do you think TATA Motors provides satisfactory customer service support
for its electric vehicle customers?
Strongly Agree 80 40
Agree 14 7
Neutral 15 7.5
Disagree 50 25
Strongly Disagree 60 30
25
40 Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
7
7.5
25
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Interpretation:
Views on TATA Motors' customer service support for electric vehicle customers
varied significantly among respondents. A substantial 40% strongly agreed,
indicating positive experiences with responsive, helpful, and effective support in
addressing inquiries and issues. Following, a smaller 7% agreed, though less
emphatically, potentially encountering minor issues or delays but maintaining an
overall positive perception. Conversely, 25% disagreed, citing negative
experiences like unresponsiveness or difficulty in issue resolution, leading to
dissatisfaction. Additionally, a notable 30% strongly disagreed, asserting that the
customer service support provided by TATA Motors for electric vehicle
customers is unsatisfactory, likely stemming from frustrating experiences or
perceived deficiencies in support quality. Meanwhile, 7.5% remained neutral,
possibly due to limited interactions or forming no strong opinions about the
support quality. These diverse perspectives underscore the critical role of
customer service in shaping overall satisfaction and brand perception in the
electric vehicle market, emphasizing the need for consistent and effective
support to meet consumer expectations.
66
7). Do you think TATA Motors' electric vehicles offer good value for money
considering their features and performance?
Strongly Agree 50 25
Agree 30 30
Neutral 30 15
Disagree 75 37.5
Strongly Disagree 40 20
Numbers
30
50
Strongly Agree
Agree
30 Neutral
Disagree
Strongly Disagree
15
75
67
Interpretation:
Opinions on the value for money offered by TATA Motors' electric vehicles
varied significantly among respondents. A quarter strongly agreed, perceiving
the vehicles as competitively priced with a favorable balance between price and
benefits, likely based on positive perceptions of features and performance.
Similarly, 30% agreed, though less emphatically, possibly having minor
reservations about pricing but still seeing reasonable value overall. In contrast,
37.5% disagreed, finding the vehicles overpriced or lacking in value compared
to competitors, potentially due to perceived shortcomings in features,
performance, or reliability. Additionally, 20% strongly disagreed, indicating
significant dissatisfaction with pricing relative to perceived benefits or
drawbacks of the vehicles. Meanwhile, 15% remained neutral, possibly
reflecting mixed opinions or uncertainty about pricing and varying perceptions
of features and performance. These diverse viewpoints underscore the subjective
nature of value perception and highlight the importance of competitive pricing
and perceived benefits in shaping consumer preferences in the electric vehicle
market.
68
8). Do you think TATA Motors' electric vehicles have addressed concerns about
battery reliability and durability adequately?
Strongly Agree 50 25
Agree 20 10
Neutral 20 10
Disagree 60 30
Strongly Disagree 50 25
25 25
trongly Agree
Agree
Neutral
Disagree
Strongly Disagree
25
30
10
69
Interpretation:
70
9). Do you think TATA Motors' electric vehicles have the potential to compete
effectively with traditional internal combustion engine vehicles in terms of
market share?
Strongly Agree 50 25
Agree 50 25
Neutral 15 7.5
Disagree 25 12.5
Strongly Disagree 50 25
25 25
Strongly Agree
Agree
Netural
Disagree
Strongly Disagree
12.5
25
7.5
71
Interpretation:
72
10). Do you think TATA Motors is likely to become a leader in the electric
vehicle market soon?
Strongly Agree 50 25
Agree 40 20
Neutral 10 5
Disagree 40 20
Strongly Disagree 60 30
25
30
Strong Agree
Agree
Netural
Disagree
Strongly Disagree
20
20
73
Interpretation:
74
11). Do you think TATA Motors' electric vehicles offer sufficient safety features
to ensure passenger safety?
Strongly Agree 60 30
Agree 40 20
Neutral 40 20
Disagree 40 20
Strongly Disagree 20 10
10
30
Strongly Agree
20
Agree
Netural
Disagree
Strongly Disagree
20 20
75
Interpretation:
Opinions on the safety features of TATA Motors' electric vehicles varied among
respondents. A significant 30% strongly agreed that these vehicles offer
sufficient safety features to ensure passenger safety, perceiving them as
equipped with comprehensive safety systems and technologies. Similarly, 20%
agreed, though less emphatically, possibly having minor concerns or areas for
improvement in mind but overall trusting in the safety provisions. In contrast,
20% disagreed, expressing doubts about the sufficiency or effectiveness of
safety features, possibly based on perceived shortcomings or lack of certain
safety technologies. Another 10% strongly disagreed, believing that TATA
Motors' electric vehicles do not offer sufficient safety features, likely driven by
significant concerns or negative experiences related to safety performance or
provisions. Meanwhile, 20% remained neutral, potentially reflecting mixed
experiences or opinions about safety features, limited exposure to safety
technologies, or varying perceptions of safety standards. These diverse
viewpoints highlight the importance of robust safety measures and consumer
confidence in ensuring the adoption and success of electric vehicles in the
automotive market.
76
12). Do you think TATA Motors' electric vehicles are environmentally friendly
compared to traditional gasoline-powered vehicles?
Agree 75 37.5
Neutral 10 5
Disagree 50 25
Strongly Disagree 40 20
20
Strongly Agree
Agree
37.5
Netural
Disagree
Strongly Disagree
25
77
Interpretation:
78
13). Do you think TATA Motors' electric vehicles are priced competitively
compared to similar EV models offered by other manufacturers?
Strongly Agree 20 10
Agree 70 35
Neutral 10 5
Disagree 40 20
Strongly Disagree 60 30
10
30
Strongly Agree
Agree
Netural
Disagree
Strongly Disagree
35
20
79
Interpretation:
80
14). Do you think TATA Motors' electric vehicles are adequately marketed and
promoted to reach potential customers?
Strongly Agree 50 25
Agree 75 37.5
Neutral 15 7.5
Disagree 20 10
Strongly Disagree 50 25
7.5
Strongly Agree
Agree
7.5 Neutral
25 Disagree
Strongly Disagree
10
81
Interpretation:
82
15). Do you think TATA Motors' electric vehicles meet the transportation needs
and preferences of a wide range of consumers?
Strongly Agree 20 10
Agree 15 7.5
Neutral 20 10
Disagree 75 37.5
Strongly Disagree 50 25
10
25
7.5
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
20
37.5
83
Interpretation:
84
7. Conclusion, Findings & Suggestions
85
Findings
1. Satisfaction Levels: The overall satisfaction with TATA Motors' EVs varies
among consumers. While some respondents express high satisfaction levels,
others report dissatisfaction, particularly in areas such as range, charging
infrastructure, and build quality.
4. Value for Money: While some consumers believe that TATA Motors' EVs
offer value for money compared to other brands, there is a notable portion of
respondents who express scepticism. Suggestions for enhancing the value
proposition include improving range, charging infrastructure, and overall
product quality.
86
Suggestions
2. Improve Build Quality and Reliability: Addressing any reported issues with
build quality and reliability is crucial to building trust and confidence among
consumers. Conducting thorough quality control measures and implementing
robust testing procedures can help ensure that TATA Motors' EVs meet high
standards of durability and performance.
87
BIBLIOGRAPHY
88
10. Sharma, A. (2014). "The Role of Brand Perception in Electric Vehicle
Adoption: Evidence from Urban Consumers." Journal of Consumer Behaviour,
13(4), 321-336.
NAME:
AGE:
EMAIL ID:
CONTACT NO:
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
o Strongly agree.
o Agree
o Neutral
o Disagree
90
o Strongly disagree.
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
5- Do you think TATA Motors' electric vehicles have appealing design and
aesthetics compared to other EVs in the market?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
91
7- Do you think TATA Motors' electric vehicles offer good value for money
considering their features and performance?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
8- Do you think TATA Motors' electric vehicles have addressed concerns about
battery reliability and durability adequately?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
9- Do you think TATA Motors' electric vehicles have the potential to compete
effectively with traditional internal combustion engine vehicles in terms of
market share?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
92
10- Do you think TATA Motors is likely to become a leader in the electric
vehicle market in the near future?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
11- Do you think TATA Motors' electric vehicles offer sufficient safety features
to ensure passenger safety?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
12- Do you think TATA Motors' electric vehicles are environmentally friendly
compared to traditional gasoline-powered vehicles?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
93
13- Do you think TATA Motors' electric vehicles are priced competitively
compared to similar EV models offered by other manufacturers?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
14- Do you think TATA Motors' electric vehicles are adequately marketed and
promoted to reach potential customers?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
15- Do you think TATA Motors' electric vehicles meet the transportation needs
and preferences of a wide range of consumers?
o Strongly agree.
o Agree
o Neutral
o Disagree
o Strongly disagree.
94
95