Venu Synopsis
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SYNOPSIS
Name of the student: VENU S
Reg #: 08YAC08170
Title of the Project:A Study on Customer Satisfaction towards ROYAL ENFIELD
BIKES, Bangalore.
Executive Summary:
This research is a hypothesized study, which is conducted to measure the Customer
Satisfaction Level of the Royal Enfield products. This research would be conducted in
Bangalore City.To meet the research objectives, following activities will be performed.
An extensive search of relevant literature from news articles, Internet, books.This step guides the development of the methods and instruments for collectingdata.
Designing the questionnaire.
Survey will be carried away by telephone, one-on-one interviews; The Surveyincludes both quantitative, forced-choice or close-ended questions andqualitative, open-ended questions.
Analysis will be done on the basis of the information.
Objectives of the study:
To understand the reasons for purchasing Royal Enfield bikes.
To have a better understanding about features that attracted the customers
To study the level of customer satisfaction.
To know about the experience after purchase relating various parameters
(Service, bike performance, mileage etc)
To analyze the nearest competitors
To ascertain the barriers to purchasing a Bullet for a prospective customer
To ascertain the factors that affect the choice of a Bullet as a motorcycle
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Statement of the problem:
Customer satisfaction plays a crucial role in enabling an organization to change
and develop with customers. Keeping the existing customer contended is
generally much easier, takes less time and involves less expense. The reason for
this is that it takes more time to find new prospective customer. In this context
study is conducted with special reference to customer satisfaction.
Research Methodology:
The research will be carried out in various phases that constitute an approach of
working from whole to part. It includes subsequent phases trying to go deeper into the
users psyche and develop a thorough understanding of what a user looks for while
buying a bike.
The first phase is completely internal where it is stormed over the most effective route of
action, considering that Bullet users in Bangalore are more in number.
The second phase is with some of the seasoned bikers who have been using Bullets for
some time now and are generally known and respected amongst the Bullet community.
The third phase is with some respondents who will be interviewed with the help of
questionnaire keeping in mind the time and cost constraints.
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Sample Size:
The size of the sample is 100. Only 100 respondents, which include Enfield bullet
riders, and non-bullet riders will be interviewed with the help of questionnaire keeping in,
mind the time and cost constraints.
Collection of Data:
The information relevant for the study will be drawn from Primary data collected
through Survey method, which alone will be not sufficient. Hence Secondary data will be
collected to conduct study successfully.
Primary data- it will be collected using a questionnaire. A well laid out
questionnaire will be designed for this purpose. Also personal interviews will be
conducted with people in organization as well as customers and prospective
buyers.
Secondary data- this information will be obtained from secondary sources like
newspapers, internal reports, magazines, website and other published sources.
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Chapter Scheme:
Chapter-1 Introduction
Automobile Industry Till Date
Indian Two Wheeler Market
Top Export Destinations
Future Projections
Recent Trends in Two Wheeler Sector
Customer Care and Sales Process
Chapter-2 Research Design
Title of Study
Statement of Problem
Limitations
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Plan of Analysis
Operational Definitions of concepts
Customer Satisfaction
Chapter-3 Company Profile
History of Royal Enfield
Company Objective
Royal Enfield Products
Organization Chart
SWOT Analysis
Chapter-4 Data Analysis and Interpretation
Data Table
Analysis and Inference of the Table
Graphical Representation
Chapter-5 Summary of Findings and Conclusions
Findings
Recommendations and suggestions
Conclusion
Bibliography
Text Books Referred
www.royalenfield.com
http://www.royalenfield.com/http://www.royalenfield.com/ -
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Journals and Magazines Referred
Annexure
Questionnaire