P C B MODIFIDE

download P C B MODIFIDE

of 75

Transcript of P C B MODIFIDE

  • 7/31/2019 P C B MODIFIDE

    1/75

    INTRODUCTON

    Perception of Consumer behaviour:-

    Perception of Consumer behaviour refers to the mental and emotional process and the

    observable behaviour of consumers during searching, purchasing and post

    consumption of a product or service.

    Perception of Consumer behaviour involves study of how people buy, what they buy,

    when they buy and why they buy. It blends the elements from psychology, sociology,

    socio-psychology, anthropology and economics. It also tries to assess the influence on

    the consumer from groups such as family, friends, reference groups and society in

    general.

    Buyer behaviour has two aspects: the final purchase activity visible to any observer

    and the detailed or short decision process that may involve the interplay of a number of

    complex variables not visible to anyone.

    Factors Affecting Consumer Buying Behaviour:

    Consumer buying behaviour is influenced by the major three fact ors:

    1. Social Factors

    2. Psychological Factors

    3. Personal Factors.

    A. Social Factors

    Social factors refer to forces that other people exert and which affect

    consumers purchase behaviour. These social factors can include culture and

    subculture, roles and family, social class and reference groups.

  • 7/31/2019 P C B MODIFIDE

    2/75

    B. Psychological Factors

    These are internal to an individual and generate forces within that

    influence her/his purchase behaviour. The major forces include motives, perception,learning, attitude and personality.

    C. Personal Factors

    These include those aspects that are unique to a person and influence purchase

    behaviour. These factors include demographic factors, lifestyle, and situational factors.

  • 7/31/2019 P C B MODIFIDE

    3/75

    Definition:

    Consumer buying decision process is the processes undertaken by consumer in

    regard to a potential market transaction before, during and after the purchase of aproduct or service.

    Consumer decision making process generally involves five stages:

    Figure -Consumer Decision

    Need

    Recognition Search

    Informatio

    n

    Alternative

    Evaluation

    Purchase Action

    Post

    Purchase

  • 7/31/2019 P C B MODIFIDE

    4/75

    NEED FOR THE STUDY

    The standard of living in India is improving year to year.People are able to effort fromluxury items .For self-satisfaction and need fulfillment.

    With the opening up of the Indian economy and the liberalization policies of thecentral government.

    Money leading international players have enter the Indian market.With their latesttechnology and international products.

    So in order to know which brand has got good brand image and market.Share a studyis needed to know the market share.

    By this analysis we will make on attempt to understand the buying behavior of theConsumers towards different brands and analysis the positive and future of Toyota

    motors pvt. ltd.

  • 7/31/2019 P C B MODIFIDE

    5/75

    Objectives of the Study

    The study has been under taken to analyze the Perception of Consumer behaviour

    towards the Toyota in Hyderabad with a special reference to the Toyota motors, the

    other objectives are:

    To know the strength and weaknesses of the Mahindra Toyota.

    Brand name plays a vital role for launching a new product.

  • 7/31/2019 P C B MODIFIDE

    6/75

    Research Methodology

    Research Method:-

    Two broad research methodologies can be used to answer any research

    question. They are Experimental research or Non experimental research. In

    experimental research, there is control over the extraneous variable and manipulation

    of at least one variable investigator. In Non experimental research, there is no

    intervention beyond that needed for the purpose of measurement.

    The study uses Non experimental research method.

    RESEARCH DESIGN:

    A research design is a statement or specification of the methods and

    procedures used for acquiring the information needed for the solution of some specific

    problems. It provides a scientific frame work for conducting a research.

    Although research design may be classified by many criteria, the most useful

    one concerns the major purpose of the investigation. On the basis, research design can

    be classified into three classes Exploratory, Descriptive and Casual. If no formal

    design or structural questionnaires are used, exploratory design is used. If a person is

    conversant with the problem environment, or is conducting the research for some

    specific purpose using structural questionnaire to gather information, the research

    design is descriptive. Casual research design is used to establish cause and affect

    relationship.

    For descriptive studies and also casual studies, data analysis and project output

    are critical aspects of research planning. This study uses descriptive design.

  • 7/31/2019 P C B MODIFIDE

    7/75

    METHDOLOGY AND DATA BASE

    SOURCES OF DATA:The data collected from both primary and secondary sources.

    PRIMARY DATAThe primary data will be collected through the interactions and discussions

    with the Toyota company official and customers.

    SECONDARY DATAThe secondary data will be collected through Toyota company official records,

    Newspapers, journals books and Toyota company websites.

  • 7/31/2019 P C B MODIFIDE

    8/75

    SCOPE OF THE STUDY

    The present study covers Perception of Consumer behaviour of Toyota Company atHyderabad.

    The processes at a company use to track an organize its contact with its current andprospective customer of Toyota company.

  • 7/31/2019 P C B MODIFIDE

    9/75

    Importance of Consumer Behaviour

    Ever increasing intensifying competition. More aggressive competitors emerging with greater frequency.

    Changes basis of competition. Geographic sources of competition are becoming wider.

    Niche attacks are becoming frequent. Pace of innovation is rapid.

    Price competition becoming more aggressive. Product differentiation is declining.

    The marketing concept involves understanding the needs of the consumers andtranslating these needs into products or services to satisfy these needs.

  • 7/31/2019 P C B MODIFIDE

    10/75

    LIMITATIONS OF STUDY:-

    1: The study is restricted to only Radha Krishna Toyota Company

    2: The study is related to just (2009-2010).

    3: The data collection is limited to Perception of consumer behavior.

  • 7/31/2019 P C B MODIFIDE

    11/75

    Industrial profile

    The automobile industry has changed the way people live and work. The earliest of

    modern cars was manufactured in the year 1895.

    Shortly the first appearance of the car followed in India. As the century turned, three

    cars were imported in Mumbai (India). Within decade there were total of 1025

    cars in the city.

    The dawn of automobile actually goes back to 4000 years when the first wheel

    was used for transportation in India. In the beginning of 15th century Portuguese

    arrived in China and the interaction of the two cultures led to a variety of newtechnologies, including the creation of a wheel that turned under its own power. By

    1600s small steam-powered engine models as developed, but it took another century

    before a full-sized engine-powered vehicle was created.

    The actual horseless carriage was introduced in the year 1893 by brothers Charles and

    Frank Duryea. It was the first internal-combustion motor car of America, and it was

    followed by Henry Ford's first experimental car that same year.

    One of the highest-rated early luxury automobiles was the 1909 Rolls-Royce Silver

    Ghost that featured a quiet 6-cylinder engine, leather interior, folding windscreens and

    hood, and an aluminum body.

    It was usually driven by chauffeurs and emphasis was on comfort and style rather than

    speed. During the 1920s, the cars exhibited design refinements such as balloon tires,

    pressed-steel wheels, and four-wheel brakes.

    Graham Paige DC Phaeton of 1929 featured an 8-cylinder engine and an aluminum

    body. The 1937 Pontiac De Luxe sedan had roomy interior and rear- hinged back door

    that suited more to the needs of families. In 1930s, vehicles were less boxy and more

    streamlined than their predecessors.

    The 1940s saw features like automatic transmission, sealed-beam headlights, and

  • 7/31/2019 P C B MODIFIDE

    12/75

    tubeless tires.

    The year 1957 brought powerful high-performance cars such as Mercedes-Benz

    300SL. It as built on compact and stylized lines, and was capable of 230 km/h (144

    mph).

    This was the Indian automobile history, and today modern cars are generally light,

    aerodynamically shaped, and compact.

    Facts & Figures

    The automobile industry in India is on an investment overdrive. Be it passenger car or

    two-wheeler manufacturers, commercial vehicle makers or three-wheeler companies -

    everyone appears to be in a scramble to hike production capacities. The country is

    expected to witness over Rs 30,000 crore of investment by 2010.

    Over the next one year, some 20 new cars will be seen on Indian roads. Take note of

    this, Maruti Udyog is coming up with new SPLASH during the next few months.

    Hyundai will also be unmasking the Verna and a brand new diesel car. General

    Motors will be launching a mini and may be a compact car.

    Most of the companies have made their intentions clear. Maruti Udyog has set up the

    second car plant with a manufacturing capacity of 2.5 lakh units per annum for an

    investment ofRs 6,500 crore ( Rs 3,200 crore for diesel engines and Rs 2,718 crore

    for the car plant itself).

    Hyundai and Tata Motors have announced plans for investing a similar amount over

    the next 3 years. Hyundai will bring in more than Rs 3,800 crore to India. Tata Motors

    will be investing Rs 2,000 crore in its small car project. General Motors will be

    investing Rs 100 crore, Ford about Rs 350 crore and Toyota announced modest

    expansion plans even as Honda Siel has earmarked Rs 3,000 crore over the next

    decade for India - a sizeable chunk of this should come by 2010 since the company is

    also looking to enter the lucrative small car segment.

  • 7/31/2019 P C B MODIFIDE

    13/75

    Talking about the commercial vehicle segment, Ashok Leyland and Tata Motors

    have each announced well over Rs 1,000 crore of investment. Mahindra &

    Mahindra's joint venture with International Trucks is expected to see an infusion of

    at least Rs 500 crore.

    Industry performance in 2008-09

    The Indian automotive market managed to stand up to the vagaries of the economic

    meltdown to show slightly positive growth during fiscal 2008- 09. Overall vehicle

    sales at 97.23 lakh grew 0.71 per cent from 96.54 lakh units in 2007-08.

    When major automotive markets reported a 30-40 per cent decline, only a handful of

    countries managed to show positive growth. A few months ago, India was looking at

    negative growth but has turned around. It is actually better than expected.

    Passenger vehicle sales at 15.51 lakh registered flat growth while commercial

    vehicle sales showed a 21 per cent drop .

    SIAM has a positive outlook for the current financial year. While it foresees a 7-8 per

    cent growth for the commercial vehicle segment, the industry body predicts a 3-5 per

    cent growth for passenger vehicles. The three-wheeler segment may grow 5-8 per cent

    growth while two-wheelers may show 3-5 percent growth.

    The passenger vehicle market has weathered the downturn largely due to market leader

    Maruti Suzuki which holds 48 percent of the market. The compact car giant clocked

    7.22b lakh units for 2008-09. Closest rival Hyundai Motor India sold 2.44 lakh cars,

    a growth of13 percent. Tata Motors sales grew 1.3 percent at 2.30 lakh units while

    Mahindra & Mahindra posted 2.5 percent growth at 1.06 lakh units.

    Most premium car maker s saw volumes shrink last fiscal. Toyota Kirloskar Motors

    numbers Ford Indias fell 15 percent to 46,892 units while sales were down

  • 7/31/2019 P C B MODIFIDE

    14/75

    17percent to 27,976 units. Honda Siel Cars India also saw a 17 percent drop at

    52,420 units while General Motors India was down 8 percent to 61,526 units.

    Among commercial vehicle makers, all major players saw substantial fall in volumes.

    Market leader Tata Motors with a 60 percent plus share, showed 22 percent drop in

    numbers at 2.34 lakh units while Ashok Leyland showed 37 percent drop at 47,632.

    Eichers sales volume fell 37 percent at 17,341 units and Force Motors was down 28

    percent at 7,819 units. The freight movement is unlikely to improve this fiscal which

    will impact ruck sales. Two-wheeler sales grew 2.6 percent to 74.38 lakh units. Hero

    Honda has made up for the erosion of sales volume for other two-wheeler makers

    including Bajaj Auto and TVS Motor Company, said Mr. Matta. Hero Honda

    clocked 36.40 lakh units, a growth of12.5 percent. Bajaj Autos volumes dropped 23

    percent to 12.86 lakh units while TVS saw a marginal decline at 11.36 lakh units.

    Honda Motorcycle and Scooter India s sales surged 16 per cent to 10.15 lakh units.

  • 7/31/2019 P C B MODIFIDE

    15/75

    Company Profile

    In 2006, Toyota was engaged in a variety of projects designed to solidify its

    foundations while continuing to grow. On the product front, Lexus launched its new

    flagship model, the LS, and the new global Camry went on sale. In Japan, a new

    Corolla range was introduced, emphasizing the importance of this bestselling car.

    In manufacturing, several new projects were started around the world. In May,

    manufacture of the Camry began in Guangzhou, China, while in the United States, the

    Kentucky plant, which in October celebrated 20 years of production, started

    manufacturing the first Toyota hybrid vehicle to be made in North America, the CamryHybrid. In November, the Texas plant began producing the new Tundra truck, a key

    vehicle in Toyotas North American lineup. In Japan, Toyota Motor Kyushu, Inc.

    began full-scale operations at its engine factory, while Toyota Motor Tohoku Co., Ltd.

    increased its manufacturing capacity. In human resources development, following the

    establishment of the Asia Pacific Global Production Center in Thailand in August

    2005, Toyota established the North American Production Center in the U.S. in

    February, and the European Global Production Center in the United Kingdom in

    March. Established as branches of the Global Production Center in Japan, these were

    created to spread Toyotas manufacturing knowledge and skills throughout the world in

    pace with the rapid growth of Toyotas overseas manufacturing. The centers educate

    trainers for local manufacturing plants in all regions, with trainees passing on what

    they learn to team members on their return to their plants. In R&D, Toyota focused its

    efforts on three key areas: environment, safety and energy. It made a special effort in

    the area of the environment by expanding its lineup of hybrid vehicles, and has worked

    on R&D relating to plug-in hybrid. In addition, as part of Toyotas efforts to respond to

    the diversification of energy, in 2007 Toyota introduced a flex fuel vehicle* in the

    Brazilian market that will run on 100% bio- ethanol fuel. From this point on, based on

    the philosophy of providing the right car, in the right place, at the right time, and in

    accordance with the infrastructure and customer needs of each region, Toyota will

    continue to promote efforts to develop environmentally friendly technology and

    vehicles.

  • 7/31/2019 P C B MODIFIDE

    16/75

    CORPORATE DATA

    Since its foundation, Toyota has conducted business with contributing to the

    development of a prosperous society through the manufacture of automobiles as a

    guiding principle. When I became president two years ago, I called on all employees to

    work with me in returning to our origins and asking earnestly whether Toyota is truly

    contributing to society and whether we are doing everything we should be doing. On

    the occasion of Toyotas 70th anniversary, we will reinforce our measures designed to

    return to our core principle, which is to "repay the earth and society through

    technological innovation (and contribute to enhancing the quality of life everywhere.

    Company Name Toyota Motor Corporation

    Established August 28, 1937

    Tokyo Head Office1-4-18 Koraku, Bunkyo-ku, Tokyo 112-8701, Japan

    Phone: (03)3817-7111

    Nagoya Office 4-7-1 Meieki, Nakamura- ku, Nagoya City, Aichi Prefecture 450-

    8711, Japan

    Phone: (052)552-2111

    Head Office Toyota-Cho, Toyota City, Aichi Prefecture 471-8571,

    Japan

    Phone: (03)3817-7111

    GUIDING PRINCIPLES

    Honor the language and spirit of the law of every nation and undertake open and faircorporate activities to be a good corporate citizen of the world.

    Respect the culture and customs of every nation and contribute to economic and socialdevelopment through corporate activities in the communities.

    Dedicate our selves to providing clean and safe products and to enhancing the qualityof life everywhere through all our activities.

  • 7/31/2019 P C B MODIFIDE

    17/75

    Create and develop advanced technologies and provide outstanding products andservices that fulfill the needs of customers worldwide.

    Foster a corporate culture that enhances individual creativity and teamwork value,while honoring mutual trust and respect between labor and management.

    Pursue growth in harmony with the global community through innovativemanagement.

    Work with business partner s in research and creation to achieve stable, long-termgrowth and mutual benefits, while keeping ourselves open to new partnerships.

    PERCEPTS

    Be contributively to the development and welfare of the country by working together,regardless Of position, in faithfully fulfilling your duties.

    Be at the vanguard of the times through endless creativity, inquisitiveness and pursuitof Improvement.

    Be practical and avoid frivolity.

    Be kind and generous; strive to create a warm, homelike atmosphere.

    Be reverent, and show gratitude for things great and small in thought and deed.

  • 7/31/2019 P C B MODIFIDE

    18/75

    History:

    The story of Toyota Motor Corporation began in September 1933 when Toyota

    Automatic Loom created a new division devoted to the production of automobilesunder the direction of the founder's son, Kiichiro Toyota. Soon thereafter, the division

    produced its first Type A Engine in 1934, which was used in the first Model A1

    passenger car in May 1935 and the G1 truck in August 1935. Production of the Model

    AA passenger car started in 1936.

    Although the Toyota Group is most well known today for its cars, it is still in the

    textile business and still makes automatic looms (fully computerized, of course), and

    electric sewing machines which are available worldwide.

    Toyota Motor Co. was established as an independent company in 1937. Although the

    founding

    family name is Toyoda; the company name was changed to:

    Signify the separation of the founders' work life from home life; Simplify the pronunciation, and Give the company an auspicious beginning.

    Toyota is considered luckier than Toyoda in Japan, where eight is regarded as a lucky

    number, and eight is the number of strokes it takes to write Toyota in Katakana.

    During the Pacific War the company was dedicated to truck production for the

    Imperial Army.

    Because of severe shortages in Japan, military trucks were kept as simple as possible.

    For example, the trucks had only one headlight on the center of the hood. Commercial

    passenger car production started in 1947 with the model SA. In 1950 a separate sales

    company Toyota Motor Sales Co. was established (which lasted until July 1982). In

    April 1956 the Toyota dealer chain was established.

  • 7/31/2019 P C B MODIFIDE

    19/75

    Replica of t he Toyota Model AA, the first production model of Toyota in 1936

    HEADQUARTERS: TOYOTA CITY, JAPAN

    ASSEMBLY PLANTS OVER THE WORLD

    Toyota has factories all over the world, manufacturing or assembling vehicles for local

    markets, including its most popular model, the Corolla. Toyota has manufacturing or

    assembly plants in the United States, Australia, Canada, Indonesia, Poland, South

    Africa, Turkey, the United Kingdom, France, Brazil, and more recently India,

    Argentina and Czech Republic. Toyota also builds and sells cars in China in a

    joint venture with Tianjin Xiali. Toyota New Zealand assembled vehicles until 1998,

    when it switched to importing cars from Japan and Australia. Cars from these plants

    are often exported to other countries.

    Out of 100 MUV S

    TOYOTA INNOVA 25MAHINDRA SCORPIO 20

    TATA SAFARI 18

    TOYOTA QUALIS 14

    CHEVROLET TAVERA 11

    MAHINDRA XYLO 07

    MISTUBISHI PAJERO 05

    TOTAL 100

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    20/75

    TOYOTA IN INDIA

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    21/75

    Dealer Profile

    RADHA KRISHNA TOYOTA AUTOMOBILE (PVT) LTD

    Radha Krishna Toyota Automobiles was established in 2008. Radha Krishna Toyota

    automobiles were the second authorized dealers of Toyota.

    Commanding Presence:

    Radha Krishna Toyota Automobiles as a centralized air-conditioned showroom of

    Toyota automotives its kind in Hyderabad, spread gracefully and decorated elegantly

    over an impressive 8100 sq.ft at Hyderabad, Being equipped with affable front office

    staff and adept professional technicians, Provide a perfect of quality Service and

    Reliability.

    Space Friendly:

    The interiors are aimed at making you feel completely at ease, in luxury. Because for

    us the customer is king, one who deserves a regal offering. The setting is apt for times

    when you need to switch into a relaxed state of mind.

    Technology to Stay Ahead:

    We are equipped with the latest technological advancement in the industry, in order to

    give the best of services when it matters. Not just to be part of, But to build the future,

    is our motto.

    Ambience the Exude Relaxation:

    Ours is one of the few service centers to be equipped with a fully-fledged customer-

    waiting lounge. A part from a television and pool table, it had a wed kiosk to keep u

    connected all the time.

  • 7/31/2019 P C B MODIFIDE

    22/75

    Service with Commitment:

    Our dedicated team of mechanical specialty offers expert treatment for your vehicle.

    We ensure consistency in performance each time, without fail.

    Attention to Details:

    We provide genius spare parts and accessories to ensure exceptional performance.

    Every single aspect related to your vehicle is taken care of at our premises.

    Dealing Made Convenient:

    It is a part of our commitment policy to give advantage to the customer at ever y

    juncture. We

    offer assistance of every kind at our premises itself, which makes it a one stop facility.

    Expert Guidance at Every Step:

    Our sales team gives utmost priority to your satisfaction. When you need help to make

    the right choice, it is ensured that the result is beyond your expectations. Thus making

    it a point that you get the best in both luxury and comfort always.

    Models:

    Toyota been launching various type of Muvs and cars from the year of 1933,keeping

    in mind the quality, design, driving, comfort, fuel efficiency, and service and resale

    value. These from a formidable force that gives our customers the pride and the joy of

    value forever. What drives Toyota is

    Commitment Leadership Any an eye for appropriate technology

  • 7/31/2019 P C B MODIFIDE

    23/75

    Since 1933, when Toyota first began manufacturing MUVs & LCVs, M&M have been

    engaged in a single-minded endeavor to bring you cars that only state-of-the- art, but

    are also some for the most environment-friendly vehicles in this world-a reflection of

    our commitment and care, for better environment.

    At the heart of every Toyota is a unique engineering and an optimal mix of power and

    economy. All this is supported by Toyota Quality Revolution wide dealership

    network and automated workshop that provide excellent after sale service The

    Company has constantly exploring new opportunity to define the shape to tomorrow

    driving technology.

  • 7/31/2019 P C B MODIFIDE

    24/75

    Promotional Activities:

    The promotional activities adopted by United Automobiles are

    1. Test Driving

    2. Free Driving

    3. Hoarding

    4. Discounts

    5. Advertisement in Newspaper and magazines

    6. Gift Schemes

    7. Free Services8. Mileage Contents

    Promotional expenses have been borne by both United Automobiles and M&M, shares

    in advertisement cost.

    Service Offered:

    Six service and paid service after sale of Cars.

    Free checkups campaigns Finance through bank Demonstration for new products Acceptance of warranty claims

    Working Time in United Automobiles:

    Working hours in United Automobiles are 12 hours per day starting from 9:30 am to

    9:30pm with one-hour break for lunch and 15 minutes for evening tea and coffee.

  • 7/31/2019 P C B MODIFIDE

    25/75

    Non automotive activities

    aerospace

    philanthropy higher education robotics finance agricultural biotechnology finance information government bailouts production and sales numbers others

    Product available at Radha Krishna Toyota:

    Radha Krishna Toyota Automobiles is the Dealer of Toyota Company. Toyota

    Company manufacturer various types of SUV S, Trucks, Hybrids, Cars

    Allion Alphard Auris Aurion Avalon Avanza Avensis Aygo

  • 7/31/2019 P C B MODIFIDE

    26/75

    Bb Belta Blade Camry Century Corolla Crown Dyna Estima FJ cruser Fortuner Harrier Highlander Hilux Innova Land cruiser prado Prius Wish Etios

    Products available in Radha Krishna Toyota:

    CAR MODELS (INDIA) EX- SHOWROOM (MUMBAI)

    AMOUNT IN INR.

    INNOVA 8,01,738

    COROLLA ALTIS 11,31,900

    CAMRY 22,84,800

    PRADO 42,27,300

    FORTUNER 35,20,000

    PRIUS 33,51,000

    LAND CRUISER 1,00,00,000

    Table- Products in RK Toyota

  • 7/31/2019 P C B MODIFIDE

    27/75

    Radha Krishna Achievements

    Ranking 1st in TDMS usage pan India in 2009. TSM basic certified in very first year of operations. Ranked 14 in CS800+ first phase with 779 points. EM certification successfully completed in 2009.

    GOALS of Radha Group2009

    Sustaining the customer retention by 95%. 850 in JDP CSI survey in 2 phase of CS 800+. Three star dealer award for 2009. Improvement of skills in technical information. Reduction of warranty error rate to 0%.

    Achievements

    Bagged bulk order of 50 innovas from M/S easy cabs. Another 50 vehicles in the pipe line. Delivered prado during the month. Ranked 1st in TDMS usage pan India2nd quarter 2009.

    Goals for 2009 RKT service

    o Target of 15000 BPU s, 4.2 cores part of f take & 52000 liters of TGMO for 2009.o TSM basic certification for body & paints by end of December 2009.o TSM advanced (EM &MRS) certification.o Sustaining the customer retention by 95%.o 850 in JDP CSI survey.

  • 7/31/2019 P C B MODIFIDE

    28/75

    o Three star dealer award for 2009.o Improvement of skills in technical information.o Reduction of warranty error to 0%.o Aspiring to be the best dealer in radha group and also in TKM.o Improving the VAS contribution to 25% in labor revenue leads to profitability.

    2009 Achievements

    Increased CPUS from 25 to 65 per day with an overall growth of 343% when

    compared to YTM of 2008 to that of 2009 (2008 YTM CPUS 1586:2009 YTM

    CPUS: 5430).

    Increased BPUS from 3 to 6 per day resulting in overall growth of 329% between

    2008 to that of 2009.

    Increased the overall revenue of labor earnings for both GS&BP by 312% when

    compared to YTM of 2008 vs. 2009.

    Increased the technicians certification from 3 to 11

    Increased the appointments rate from 10% to 55%.

    Decreased warranty error rate to 3.5% YTD.

    Improved the F.1 rating to 4.5.

    The best seller of smiles packages among the dealers in the state.

    Achieved 14th rank in all India level and first in the state in the 2009 track-ICSI

    result.

    In active to active

    Strengthened the service marketing team and divided them in to several groups so that,to take care of different segment customers.

    Increased the retention rates.

    Started reaching the in active customers through knock-thedoor campaign at theirdoor steps by utilizing the service marketing team.

  • 7/31/2019 P C B MODIFIDE

    29/75

    Promotion of smiles packages to inactive customers & converting them to active ones.

    Increased MSV camps to the interiors of the territory.

    Creating the awareness about the smile packages to fleet operators has increased theopportunities of increased 5k service visits of the fleet vehicles.

    Continuously following up with the inactive customers through tale & Directmarketing strategies, identifying their concerns resolving them has increased the

    opportunities of converting the inactive customers to active ones.

    Selling the Service Parts of Quality yes model vehicles to the Local Garages hasincreased the confidence level of the customers on the Toyota Products

    Need Recognition

    Purchase decision making process begins when a buyer becomes aware of an

    unsatisfied need or problem. This is the vital stage in buying decision process, because

    without recognizing the need or want, an individual would not seek to buy goods or

    service.

    There are several situations that can cause problem recognition, these include:

    Depletion of stock Dissatisfaction with goods in stock Environmental Changes Change in Financial Situation

  • 7/31/2019 P C B MODIFIDE

    30/75

    Marketer Initiated Activities

    Example:

    When a person recognizes that he/she is having a difficulty that he/she is not

    able to travel with his/her family member. Then recognizes that his/her must have car

    and needs to buy a new car.

    Information Search

    After the consumer has recognized the need, he / she will trying to find themeans to solve that need. First he will recall how he used to solve such kind of a

    problem in the past, this is called nominal decision making. Secondly, a consumer will

    try to solve the problem by asking a friend or goes to the market to seek advice for

    which product will best serve his need, this is called limited decision making.

    Sources of information include:

    Personal sources

    Commercial Sources Public sources Personal experience

    The person after recognizing that his/her need, he/she will eventually try to

    find out how he/she can purchase the car. If he/she cannot make a decision his/herself

    then he/she will ask a friend to help out, if the friend do not have sufficient knowledge,

    he/she would go to automobile showroom of a different company and try to get

    adequate information regarding price, feature, performance and after sale service.

    Alternatives evaluation

    Consumers evaluates criteria refer to various dimension; features,

    characteristics and benefits that a consumer desires to solve a certain problem. Product

    features and its benefit is what influence consumer to prefer that particular product.

    The consumer will decide which product to buy from a set of alternative products

  • 7/31/2019 P C B MODIFIDE

    31/75

    depending on each unique feature that the product offers and the benefit he / she can

    get out of that feature.

    Example:

    When that user got enough information concerning the different brands of cars

    available in the market, he/she will decide which kind of car and also which company

    or brand he/she is going to buy depending upon his/her need.

    Purchase Action

    This stage involves selection of brand and the retail outlet to purchase such a

    product. Retail outlet image and its location are important. Consumer usually prefers a

    nearby retail outlet for minor shopping and they can willingly go to a far away store

    when they purchase items which are of higher values and which involve higher

    sensitive purchase decision. After selecting where to buy and what to buy, the

    consumer completes the final step of transaction by either cash or credit.

    Example:

    After selecting company or brand of the car and model from different

    alternatives of cars, he/she will make a final decision of where to buying that car and

    make the final transaction procedures.

    Post-purchase Actions

    Consumer favorable post-purchase evaluation leads to satisfaction.

    Satisfaction with the purchase is basically a function of the initial performance level

    expectation and perceived performance relative to those expectations. Consumer tends

    to evaluate their wisdom on the purchase of that particular product. This can result to

    consumer experiencing post purchase dissatisfaction. If the consumers perceived

    performance level is below expectation and fail to meet satisfaction this will eventually

  • 7/31/2019 P C B MODIFIDE

    32/75

    cause dissatisfaction, and so the brand and/or the outlet will not be considered by the

    consumer in the future purchases. This might cause the consumer to initiate complaint

    behaviour and spread negative word-of-mouth concerning that particular product.

    Example:

    If he/she decided to buy a car he/she will try to compare the performance,

    speed, mileage and comfort of the particular car, whether they meet his/her

    expectations. If he/she would find that his/her expectations are meet she will be

    satisfied, if she found that there are more additional features that he/she did not

    expect this car to have, she will be delighted, otherwise she will be dissatisfied.

    THEORITICAL FRAME WORK

    Definition of Buying Behavior:

    Buying Behavior is the decision processes and acts of people involved in buying and

    using products.

    Need to understand:

    Why consumers make the purchases that they make? What factors influence consumer purchases? The changing factors in our society.

  • 7/31/2019 P C B MODIFIDE

    33/75

    Consumer Buying Behavior refers to the buying behavior of the ultimate consumer.

    A firm needs to analyze buying behavior for:

    Buyers reactions to a firms marketing strategy has a great impact on the firms success. The marketing concept stresses that a firm should create a marketing mix(MM) that

    satisfies (gives utility to) customers, therefore need to analyze that what, when and

    how consumers buy.

    Marketers can better predict how consumers will respond to marketing strategies.

    Stages of the consumer Buying Process

    Six stages to the consumer Buying Decision Process (For complex decision). Actual

    purchasing is only one stage of the process. Not all decision processes lead to apurchase. All consumer decisions do not always include all 6 stages, determined by

    the degree of complexitydiscussed next.

    The 6 stages are:

    1. Problems Recognition (awareness of need)difference between the desired state andthe actual condition. Deficit in assortment of products. HungerFood. Hunger

    stimulates your need to eat. Can be stimulated by the marketer through product

    informationdid not know you were deficient? I.E., see a commercial for a new pair

    of shoes.

    2. Information search__ Internal search, memory. External search if you need more information. Friends and relatives (word of mouth).

    Marketer dominated sources; comparision-shopping; public sources etc.

    A successful information search leaves a buyer with possible alternatives, the evoked

    set.

    Hungry, want to go out and eat, evoked set is

    o Chinese food.o Indian foodo Burger kingo Klondike kates etc

    3. Evaluation of Alternativesneed to establish criteria for evaluation, features thebuyer wants or does not want. Rank/weight alternatives or resume search. May

    decide that you want to eat something spicy, Indian gets highest rank etc.

  • 7/31/2019 P C B MODIFIDE

    34/75

    Information from different sources may be treated differently. marketers try to

    influence by framing alternatives.

    4. Purchase decisionmay differ from decision, time lapse between 4 & 5, productavailability.

    5. Purchasechoose buying alternative, include product, package, store, method ofpurchase etc.

    6. Post-purchase Evaluationoutcome: satisfaction or Dissatisfaction.Cognitive Dissonance, have you made the right decision. This can be reduced by

    warranties, after sales communication etc.

    After eating an Indian Meal, may think that really you wanted a Chinese meal instead.

    Types of consumer Buying Behavior

    Types of consumer buying behavior are determined by:

    o Level of Involvement in purchase decision. Importance and intensity of interest in aproduct in a particular situation.

    o Buyers level of involvement determines why he/she is motivated to seek informationabout a certain products and brands but virtually ignores others.

    o High involvement purchasesHonda Motorbike, high priced goods, products visibleto others, and the higher the risk the higher the involvement. Types of risk.

    Personal risk. Social risk. Economic risk.

    The four type of consumer buying behavior are:

    Routine Response/programmed Behaviorbuying low involvement frequentlypurchas4ed low cost items; need very little search and decision effort; purchased

    almost automatically. Example includes soft drinks, snacks foods, milk etc.

    Limited Decision Makingbuying product occasionally. When you need to obtaininformation about unfamiliar brand in a familiar, product category, perhaps. Requires

    a moderate amount of time for information gathering. Examples include Clothes

    know product class but not the brand.

  • 7/31/2019 P C B MODIFIDE

    35/75

    Extensive Decision Making/Complex high involvement, unfamiliar, expensive and/orinfrequently bought products. High degree of economic/performance0psycological

    risk. Examples include cars, homes, computers, and education. Spend a lot of time

    seeking information and deciding.

    Information from the companies MM; friends and relatives, store personnel etc. Gothrough all six stages of the buying process.

    Categories that Effect the Consumer Buying Decision Process

    A consumer making a purchase decision will be affected by the following three

    factors:

    1. Personal2. Psychological3. Social

    Personal

    Unique to a particular person. Demographic Factors. Sex, Race, Age etc.

    Who in the family is responsible for the decision-making?

    Young people purchase things for different reasons than older people.

    Psychological factors

    Psychological factors includes:

    Motives Perception Ability and knowledge

  • 7/31/2019 P C B MODIFIDE

    36/75

    Attitude Personality Lifestyle Social factors Roles and family Influences

    Social Class

    An open group of individuals who have similar social rank. US is not a classless

    society. US criteria; occupation, education, income, wealth, race, ethnic groups and

    possessions.

    Social class influences many aspects of our lives. IE upper middle class Americans

    prefers luxury cars Mercedes.

    It determines to some extent, the types, quality, and quantity of products that a person

    buys or uses

    Lower class people to tend to stay close to home when shopping; do not engage in

    much prepurchase information gathering.

    Stores projects definite class images.

    Family, reference groups and social classes are all social influences on consumer

    behavior. All operate within a larger culture.

    DATA COLLECTION METHOD

    The following steps are involved in the data collection process:

    1. Finding out the type of information required in the investigation process.

    2. Establishing the facts that are available at present and the additional facts required.

    3. Identification of the source from where they can be available.

    4. Selection of appropriate information collection method.

  • 7/31/2019 P C B MODIFIDE

    37/75

    The data required from this study is collected from primary and secondary sources;

    The data collected are both Quantitative and Qualitative.

    PRIMARY SOURCES:

    The primary source used for gathering data required for this survey is Survey

    method.

    In the survey method a Survey of the consumers behaviour towards Four-wheeler

    is done. A planned effort is made using structured questionnaire to interview the

    respondents. The respondents are the owner of the four-wheeler, who are interviewed,

    are chosen using non-probability sampling method. The survey can be done through

    personal interviews. In this study respondents are interviewed personally so that the

    errors involved in gathering primary data are minimized.

    SECONDARY SOURCES:

    The secondary sources used for collecting data are:

    1. Internal Sources Companys Reports. Companys Publications. Companys Employees.

    2. External Sources

    Information was gathered from Magazines likeAuto Expo, Car Bazaar, and Business

    World & Business Today.Business dailies likeThe Economic Times, The Business Line etc.

    News Paper likeThe Hindustan Times, Business Standard & The Corporate Times.

    Apart from this some information was also taken from internet.

    SAMPLING PROCESS:

    Taking into account the practical considerations (such as time limit, cost, etc) thestudy a sample survey as the means of gathering primary information. A sample survey

  • 7/31/2019 P C B MODIFIDE

    38/75

    allows a reason to concentrate his attention upon a relatively small number of people

    and hence, to devote more time and energy to ensure that the information collected

    from them is more accurate.

    DEFINING THE POPULATION:

    The first thing that a sample plan must include is the definition of the

    population to be investigated. The population should be defined as clearly as possible.

    The population chosen for the study, taking into consideration the objective of the

    study is defined as, all the customer of four-wheeler.

    SAMPLE DESIGN:

    Sample design is the heart of the sample planning process. A sample design

    involves specifications of the type of sample used, the appropriate sampling unit, and

    the sample size.

    TYPE OF SAMPLE:

    The study use non-probability sampling. Most of the sampling in marketing

    research is non-probability in nature. Of the various non probability methods,

    convenience sampling method is used in this study rather than using a table of random

    number as in probability sampling. Convenience sampling means that the sampling

    units are accessible, convenient and easy to measure.

    The advantage of choosing a non-probability sampling methods is that the

    sampling error will be lesser when compared to probability sampling.

    SAMPLING UNIT:

    The sampling unit forms the basis of the entire sampling procedure. It is that

    which is actually chosen by the sampling process. The sampling unit may contain oneor more population elements. The sampling units in the study consist of the private

  • 7/31/2019 P C B MODIFIDE

    39/75

    employees, government employees, business people and others.

    SAMPLE SIZE:

    The sample consist of 100 customer selected from the Hyderabad using convenience

    sampling method. Out of the customers selected for the study, some did not own four -

    wheeler and some had not responded well. Hence they had to be replaced by other

    customers.

    4: Due to the limitation of span of time and limited resources survey was conducted

    for a period of 8 weeks.

    5: Improper response from customers and buyers, but it was minimal.

  • 7/31/2019 P C B MODIFIDE

    40/75

    Data Analysis

    QUESTIONNAIRE

    QUESTION NO1

    1. Customers needs towards Toyota Cars.

    PARTICULAR NO. OF RESPONDENT PERCENTAGE

    (%)

    BIG/FAMILY CAR 40 40%

    LOOKS 21 21%

    ECONOMICAL 24 24%

    LUXARY/ COMFORT 15 15%

    TOTAL 100 100%

    Customers needs towards Toyota Cars. Table

  • 7/31/2019 P C B MODIFIDE

    41/75

    Pie chart of Interpretation1:

    Figure :- Customers needs towards Toyota Cars.

    From the Interpretation it is concluded that the major needs of the

    customer towards Toyota

    INTERPRETATION:-

    40% customers had to buy a big or family car. 21% customers had to buy a new look or new model of the car. 24% customers had to buy an economical/reasonable car. 15% customer had to buy luxary and comfortable car.

    40%

    21%

    24%

    15%

    BIG/FAMILY CAR

    LOOKS

    ECONOMICAL

    LUXARY/COMFORTABLE

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    42/75

    QUESTION NO2

    2.Value Perception of the Customers towards Toyota Cars

    PARTICULAR NO.OF RESPONDENT PERCENTAGE

    HIGH VALUE 36 36%

    TOTAL VALUE 43 43%

    SOMEWHAT VALUE 18 18%

    NO VALUE 03 3%

    TOTAL 100 100%

    Table :-Value Perception of the Customers towards Toyota Cars

  • 7/31/2019 P C B MODIFIDE

    43/75

    Pie chart of Interpretation2:

    Figure :- Value Perception of the Customers towards Toyota Cars

    INTERPRETATION:-

    From the Interpretation 2 it is concluded that.....

    36% customers are getting high value from the Toyota 43% customers are getting total value from the Toyota 18% customers are getting little value from the Toyota only 3% customers are not getting value from the Toyota

    36%

    43%

    18%

    3%

    HIGH VALUE

    TOTAL VALUE

    SOMEWHAT VALUE

    NO VALUE

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    44/75

    QUESTION NO -3

    3.Price of the Toyota Products:

    PARTICULARS NO.OF RESPONDENT PERCENTAGE

    VERY COSTLY 0 0%

    COSTLY 25 25%

    REASONABLE 75 75%

    TOTAL 100 100%

    Table :- Price of the Toyota Products

  • 7/31/2019 P C B MODIFIDE

    45/75

    Pie chart of Interpretation3:

    Figure :- Price of the Toyota Products

    INTERPRETATION:-

    FROM THE INTERPRETATION 3 IT IS CONCLUDED THAT...

    0% customers are not recognized Toyota as a very costly car. 25% customers are recognized it as a only costly car. 75% customers are very comfortable with the pr ice of the Toyota, and recognized it as

    a reasonable car.

    25%

    75%

    0

    VERY COSTLY

    COSTLY

    RESONABLE

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    46/75

    QUESTION NO -4

    4.Customers want Extra Facilities in Toyota cars

    PARTICULER NO.OF RESPONDENT PERCENTAGE

    MUSIC SYSTEM 21 21%

    LUGGAGE SPACE 29 29%

    SMALL REFRIGRETOR 18 18%

    ULTRA POWER STEER. 14 14%

    ABS 18 18%

    TOTAL 100 100%

    Table :- Customers wants Extra Facilities in Toyota cars

  • 7/31/2019 P C B MODIFIDE

    47/75

    Pie chart of Interpretation4:

    Figure :- Customers wants Extra Facilities in Toyota cars

    INTERPRETATION:-

    From the Interpretation 4, it is concluded that...

    21% customers want music system in Toyota Cars 29% customers want luggage space in Toyota Cars 18% customers having a unique demand, they want a small friz in the Toyota Cars 14% customers believe in comfortable driving and they want ultra power steering in

    Toyota Cars

    18% customers really believe in technology, they want abs in their Toyota Cars.

    21%

    29%

    18%

    14%

    18%MUSIC SYSTEM

    LUGGAGE SPACE

    REFRIGRETOR

    ULTRA POWER STEERING

    ABS

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    48/75

    QUESTION NO -5

    5. How customer got to know about Toyota

    PARTICULAR NO. OF RESPONDENT NO. OF RESPONDENT

    T.V ADVERTIESMENT 36 36%

    FRIENDS 10 10%

    NEWS PAPER 16 16%

    MAGAZINES 16 16%

    OTHERS 22 22%

    TOTAL 100 100%

    Table :- how customer got to know about Toyota

  • 7/31/2019 P C B MODIFIDE

    49/75

    Pie Chart of Interpretation - 5

    Figure :- How customer got to know about Toyota

    INTERPRETATION:-

    From the Interpretation 5, it is concluded that...

    36% customers got to know about Toyota through advertisement. 10% customers bought the Toyota through friends. 16% customers got to know about Toyota through newspaper. 16% customers go through the magazines. 22% customers got to know about the Toyota through other sources.

    36%10%16%16%

    22

    T.V ADVERTIESMENT

    FRIENDS

    NEWSPAPER

    MAGAZINES

    OTHER

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    50/75

    QUESTION NO6

    7.Mode of Purchase?

    PARTICULAR NO. OF RESPONDENT PERCENTAGE

    FINANCE 71 71%

    CASH 29 29%

    TOTAL 100 100%

    Table :- Mode of Purchase...

  • 7/31/2019 P C B MODIFIDE

    51/75

    Pie chart of Interpretation - 6

    Figure :- Mode of Purchase...

    INTERPRETATION:-

    From the Interpretation 6, it is concluded that...

    71% of the Toyota customers have gone through the finance. 21% of the Toyota customers have gone through the cash.

    71%

    29%

    FINANCE

    CASH

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    52/75

    QUESTION NO7

    7. Customer Satisfaction towards Toyota ?

    PARTICULARS NO. OF RESPONDENT PERCENTAGE

    HIGHLY SATISFIED 54 54%

    SATISFIED 32 32%

    DISSATISFIED 07 7%

    HIGHLY DISSATISFIED 07 7%

    TOTAL 100 100%

    Table :- Customer Satisfaction towards Toyota

  • 7/31/2019 P C B MODIFIDE

    53/75

    Pie chart of Interpretation7

    Customer Satisfaction towards ToyotaFigure

    INTERPRETATION:-

    From the Interpretation 7, it is concluded that...

    o 54% customers are highly satisfied with the Toyota performance.o 32% customers are only satisfied with the Toyotao 7% customers are dissatisfied with the Toyotao 7% customers are really not happy with the Toyota product and they are highly

    dissatisfied with the Toyota

    54%32%

    7%

    7%

    HIGHLY SATISFIED

    SATISFIED

    DIS SATISFIED

    HIGHLY DIS SATISFIED

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    54/75

    QUESTION NO8

    8. Influence to Purchase Toyota ?

    PARTICULARS NO. OF RESPONDENTS PERCENTAGE

    SELF DECISION 46 46%

    KIDS 18 18%

    FRIENDS 18 18%

    OTHER FAMILY MEMBERS 18 18%

    TOTAL 100 100%

    Table :-Influence to Purchase Toyota

  • 7/31/2019 P C B MODIFIDE

    55/75

    Pie chart of Interpretation - 8

    Figure :-Influence to Purchase Toyota

    INTERPRETATION:-

    from the interpretation 8, it is concluded that...

    46% customers have taken self decision 18% customers decision was influenced by kids 18% customers decision was influenced by friends 18% customers were influenced by other family members including kids 54% customers are influenced by their family

    46%

    18%

    18%

    18%

    SELF DECISION

    KIDS

    FRIENDS

    OTHER FAMILY MEMBER

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    56/75

    QUESTION NO9

    9. Role of Advertisements in Decision Making ?

    PARTICULARS NO. OF RESPONDENTS PERCENTAGE

    REALLY HELPFUL 54 54%

    SOMETIME IT IS HELPFUL 36 36%

    NOT HELPFUL 10 10%

    TOTAL 100 100%

    Table 6.1.9 Role of Advertisements in Decision Making

  • 7/31/2019 P C B MODIFIDE

    57/75

    Pie chart of Interpretation - 9

    Figure :- Role of Advertisements in Decision Making

    INTERPRETATION:-

    From the Interpretation 9, it is concluded that...

    54% customers believe that TV advertisement is really helpful in decision making. 36% customers said that, it is sometime helpful in decision making. Only 10% customers do not believe that, TV advertisement is not helpful in decision

    making.

    54%36%

    10%

    0

    REALLY HELPFULL

    SOMETIME IT IS HELPFUL

    NOT HELPFULL

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    58/75

    QUESTION NO10

    10. Availability of Spare Parts of Toyota ?

    PARTICULAR NO. OF RESPONDENT PERCENTAGE

    HARDLY AVAILABLE 32 32%

    AVAILABLE 22 22%

    EASILY AVAILABLE 46 45%

    Total 100 100%

    Availability of Spare Parts of ToyotaTable

  • 7/31/2019 P C B MODIFIDE

    59/75

    Pie chart Interpretation - 10

    Availability of Spare Parts of ToyotaFigure

    INTERPRETATION:-

    From the Interpretation 10, it is concluded that...

    32% customers are not happy with the availability of spare parts of Toyota 22% customers said that, spare parts of Toyota are available in the market. 46% customers are really happy with the availably of Toyota spare parts, they are

    easily available in the market.

    32%

    22%

    46%

    0

    HARDLY AVAILABLE

    AVAILABLE

    EASILY AVAILABLE

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    60/75

    QUESTION NO11

    11. Customers Recommendation to others ?

    PARTICULAR NO. OF RESPONDENT PERCENTAGE

    INNOVA 64 64%

    SCORPIO 11 11%

    SAFARI 14 14%

    XYLO 11 11%

    TOTAL 100 100%

    Table :- Customers Recommendation to others

  • 7/31/2019 P C B MODIFIDE

    61/75

    Pie chart of interpretation - 11

    Figure :- Customers Recommendation to others

    INTERPRETATION:-

    From the Interpretation 11, it is concluded that...

    64% customers would like to prefer Toyota Innova to their friends and familymembers.

    11% customers would prefer Mahindra Scorpio to their friends and family members. 14% customer would prefer Tata Safari 11% customers would like to prefer Xylo to their friends and family members.

    64%11%

    14%

    11%

    TOYOTA INNOVA

    MAHINDRA SCORPIO

    TATA SAFARI

    MAHINDRA XYLO

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    62/75

    QUESTION NO12

    12. Customer Satisfaction with after Sales and Service ?

    PARTICULAR NO. OF RESPONDENT PERCENTAGE

    HIGHLY SATISFIED 21 21%

    SATISFIED 57 57%

    DISSATISFIED 11 11%

    HIGHLY DISSATISFIED 11 11%

    TOTAL 100 100%

    Table 6.1.12 Customer Satisfaction with after Sales and Service

  • 7/31/2019 P C B MODIFIDE

    63/75

    Pie chart of Interpretation - 12

    Figure :- Customer Satisfaction with after Sales and Service

    INTERPRETATION:-

    From the Interpretation 12, it is concluded that...

    o 21% customers are highly satisfied with the after sale service of Toyota.o 57% customers are only satisfied with the after sale service of Toyota.o 11% customers are not satisfied with the after sale service of Toyota.o 11% customers are highly dissatisfied with the after sale service of Toyota.

    21%

    57%

    11%

    11%

    HIGHLY SATISFIED

    SATISFIED

    DIS SATISFIED

    HIGHLY DISSATISFIED

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    64/75

    QUESTION NO13

    13. Company Contact & Communication after Sale ?

    PARTICULAR NO. OF RESPONDENT PERCENTAGE

    ONCE IN A MONTH 25 25%

    ONCE IN A QUARTER 14 14%

    ON EVERY OCCASION 14 14%

    NEVER 46 46%

    TOTAL 100 100%

    Table :- Company Contact & Communication after Sale

  • 7/31/2019 P C B MODIFIDE

    65/75

    Pie chart of Interpretation - 13

    Figure :- Company Contact & Communication after Sale

    INTERPRETATION:-

    From the interpretation 13, it is concluded that...

    According to 25% customers, company contacts the customer once in a month.

    According to 14% customers, company contacts the customer only once in a quarter.

    According to 14% customers, company contacted the customer on every occasion.

    According to 46% customers, company did not contact the customer till now.

    25%

    14%

    14%

    46%ONCE IN A MONTH

    ONCE IN A QUARTER

    ON EVERY OCCASION

    NEVER

    http://en.wikipedia.org/wiki/Image:Toyota_svg.svg
  • 7/31/2019 P C B MODIFIDE

    66/75

    LIMITATIONS

    Taking the market conditions into consideration the survey, which includes a sample of100, was a respective one.

    Due to the limitation of span of time and limited resources survey was conducted for aperiod of 8 weeks.

    The geographic region covered for the survey was limited to the boundaries ofHyderabad City

    Improper response from customers and buyers, but it was minimal.

    The survey was conducted at the residential localities and the person who owns theToyota.

    Minimal possible bias in administrating the questions at the survey conducted areas.

    The reaction and attitude are subjected to changes according to the needs and time.

    Some locations in the Hyderabad city were very difficult to find out, so to cover thoseareas I took telephonic interview.

    Especially in telephone, customers were not responding properly. But it was

    minimal.

  • 7/31/2019 P C B MODIFIDE

    67/75

    FINDINGS

    Basing on the data gathered from the customers, which was analyzed, the following

    observations are made.

    Toyota is providing quality products to the customers.

    By findingToyota as a family car, majority of the customers preferred it.

    Toyota has an ability to give total value to the customers. Majority of the customers are really satisfied with the XYLOs price. The XYLOs

    price is very reasonable when compared to the TATA SAFARI and TOYOTA

    INNOVA.

    Toyota Most of the customers are really satisfied with

    Now days family members are playing a major role in buying pattern and especiallykids are playing a vital role in deciding the color of the car. Apart from that, majority

    of the customers are taking their own decision in buying Toyota

    Most of the customers are attracted to purchase Toyota through the TVBadvertisements. Also print media like magazines and newspapers Played a major role

    Toyota in the sale of

    79% customers have gone through the finance. Now it could be a great opportunity forthose banks, which are providing auto finance to the customers.

    Large amount of customers believe that TV advertisements are really helpful indecision making. But some customers thought that, TV advertisement is not so much

    helpful in decision making.

  • 7/31/2019 P C B MODIFIDE

    68/75

    Almost 78% customers are satisfied with the after sale services.

    The spare parts of the Toyota are easily available in the market

    Customers are really satisfied with Toyota and the majority of the customers wouldToyota suggest to their friends or family members to buy in future.

    46% customers said that, Company did not contacted them even a single time afterthey bought the Toyota

    Most of the customers wants music system and luggage space in the Toyota

  • 7/31/2019 P C B MODIFIDE

    69/75

    RECOMMENDATIONS

    After analyzing the findings, the following recommendations have been

    prepared. Great care has been taken in making these recommendation for improvement

    of customer satisfaction:

    A constant urge to upgrade and keep pace with the changing times gives organization

    the competitive advantages or cutting edge over the competition.

    The service centre must be ready with all type of spare parts all over the time.

    The after sale service has to be improved and make availability at service centre evenin rural areas so as to face the competition existing in the MPV segments.

    Introduce new multicolor graphics, which would be attracting more people, especiallykids.

    There is very less advertising for Toyota. The advertising has to be done repeatedly sothat the brand awareness could be maintained and new customers are attracted, which

    helps in improving the market share.

    Introduce low installments and low down payment schemes to attract more people.

    Satisfy existing customers by giving more values and offers.

    Company has to contact the customers more and more frequently.

  • 7/31/2019 P C B MODIFIDE

    70/75

    CONCLUSION

    1. The in depth analysis encompassing all most all aspects of the automobileindustry has reveled that customer satisfaction plays a very important role in

    the success of products.

    2. The analysis reveals that undoubtedly Toyota has good quality and competeswith other companies.

    3. The information gathers from the respondents clearly support the view heldthat Toyota is first position in the automobile industry.

    4. The analysis reveals that at the pioneering stage it maintain the sales of Toyotais first position and, introduced many new model with different price range.

    5. Advertising also plays an important role for success of the product. Theinformation gather from respondents reveal that Toyota has more models when

    compared with its competitors, and the price range of Toyota has less when

    compared with its competitors. This is also one of the reason for good sales.

    6. The sale of Toyota is more because it has created its own image and gain brandloyalty among customers.

    7. The price range of Toyota is very high and the marketing of the product is notthat effective

  • 7/31/2019 P C B MODIFIDE

    71/75

    ANNEXTURE

    A STUDY ON THE PERCEPTIONOF COSUMER BEHAVIOR

    Questionnaire

    PERSONAL INFORMATION

    Dear sir/ Madam,I SUBBARAO.K conducting a survey on a study on the

    perception of consumer behavior in Radha Krishna Toyota

    This survey is a part of my partial fulfillment of MBA course.

    Please provide relevant information by filling this questionnaire to make my

    survey more comprehensive. All details from your part will be kept

    confidential.

    ]

    Name: ..

    Sex: a) Male b) Female

    Contact no:

    ADRESS:

  • 7/31/2019 P C B MODIFIDE

    72/75

    Q1: Customers needs towards Toyota Cars.

    (1)BIG/FAMILYCAR (2) LOOKS (3)ECONOMICAL (4) LUXARY/COMFORT

    Q2: .Value Perception of the Customers towards Toyota Cars

    (1)High Value (2) Total Value (3) Somewhat Value (4) Nothing

    Q3: How is price of the TOYOTA?

    (1)Very costly (2) Costly (3) reasonable

    Q4: What do you want extra Facilities in TOYOTA?

    (1) MUSIC SYSTEM(2) LUGGAGE SPACE (3) SMALL REFRIGRETOR

    (4) ULTRA POWER STEER. (5) ABS

    Q5: How do you got to know about TOYOTA?

    (1)Advertisement (2) Friends (3) Newspaper (4) Magazines (5) Others

    Q6: Mode of purchase?

    (1)Finance (2) CashQ7: Who influence to purchase TOYOTA?

    (1)Self Decision (2) Kids (3) Friends (4) Other Family MemberQ8: How much you are satisfied with TOYOTA

    (1)Highly satisfied (2) Satisfied (3) Highly Dissatisfied (4) Dissatisfied

  • 7/31/2019 P C B MODIFIDE

    73/75

    Q9: Is advertisement is helpful for decision making?

    (1)Really helpful (2) Sometime helpful (3) It is not helpful

    Q10: Availability of TOYOTA Spare parts.

    (1) Hardly Available (2) Available (3) Easily Available

    Q11: Brand Preference?

    (1) Xylo (2) Scorpio (3) Safari (4) Innova

    Q12: Are you satisfied with the after sale service of TOYOTA

    (1) Highly satisfied (2) Satisfied (3) Dissatisfied (4) Highly

    Dissatisfied

    Q13: How is your Company contact?

    (1)Once in a month (2) once in quarter (3) On every Occasion (4) Never

    Signature of the customer

  • 7/31/2019 P C B MODIFIDE

    74/75

    74

    BIBLIOGRAPHY

    BOOKS AUTHOR

    MARKETING MANAGEMENT PHILLIP KOTLER, KOSHI & JHA

    PRINCIPAL OF MARKETING PHILIP KOTLER AMSTRONG

    RESEARCH METHODOLOGY R.C KOTHARI

    CONSUMER BEHAVIOR LOUDON & DELLA BITTA

    WEBSITES:

    http://www.mahindra.com

    http://www.carwale.com

    http://www.google.com

    http://www.Toyotabharat.com

    PRINT MEDIA:

    THE TIMES OF INDIA THE HINDU AUTO EXPO MAGAZINES AUTO CAR MAGAZINES BUSINESS WORLD MAGAZINES

  • 7/31/2019 P C B MODIFIDE

    75/75