TERM PAPER
ON
RESEARCH METHODOLOGY
(CONSUMER PERCEPTION ON TATA NANO)
SUBMITTED TO; SUBMITTED BY;
Miss BHAKTI SHARMA RASHMI KUKRETI
M.B.A
SEC. 1809
ROLL NO. B42
REGD NO. 10801636
INTRODUCTION OF THE COMPANY
Tata Motors Limited is India's largest automobile company, with revenues of Rs. 32,426
crores (USD 7.2 billion) in 2006-07. It is the leader by far in commercial vehicles in each
segment, and the second largest in the passenger vehicles market. The company is the world's
fifth largest medium and heavy commercial vehicle manufacturer, and the world's second
largest medium and heavy bus manufacturer and Established in 1945, Tata Motors' presence
indeed cuts across the length and breadth of India. Over 4 million Tata vehicles ply on Indian
roads, since the first rolled out in 1954. The company's manufacturing base is spread across
India - Jamshedpur (Jharkhand) in the east, Pune (Maharashtra) in the west, and in the north
in Lucknow (Uttar Pradesh) and Pant agar (Uttarakhand). A new plant is being set up in
Singur (close to Kolkata in West Bengal) to manufacture the company's small car. The
nation-wide dealership, sales, services and spare parts network comprises over 2,000 touch
points. The company also has a strong auto finance operation, TML Financial Services
Limited, supporting customers to purchase Tata Motors vehicles.
ABOUT TATA NANO
Tata Motors' plans would produce, in real terms, by far the cheapest car ever made.
An Indian car may soon earn a parking place in history alongside Ford's Model T,
Volkswagen's Beetle and the British Motor Corp.'s Mini, all of which put a set of wheels
within reach of millions of customers after they rolled onto the scene. Tata Motors is
developing a car it aims to sell for about $2,500 the cheapest, by far ever made.
TECH SPECS:
Length : 3.1 m
Width : 1.5 m
Height : 1.6 m
To seat :4
Engine : 643cc, 2-cylinder, all-aluminum
Power : 33 BHP
Position : Engine, battery at rear end
Boot : In front
Fuel : Petrol
Fuel injection : MPFI
Fuel consumption : 20 kmpl.
AC : Only in deluxe version
Passenger side mirror : No
Power steering : No
Price : $2500 at dealer + VAT + transport cost. Base version
approximate on-road price: $3000
Tyres : Tubeless tyres.
Body : All-steel
Safety features : Crumple zones, intrusion-resistant doors, seat belts, 2 A-Pillars
Suspension : Independent front and rear
MARKETING RESEARCH PROBLEM
1. As price of Nano is an around one lakh rupee, possibility of car being used asm taxi
cannot be avoided.
2. Time to convert raw material into Nano.
3. Determining the trends in steel, rubber and other raw material prices.
4. The focus of India in building infrastructure and spending trends.
5. They thought that they are cheated by the government.
6. Tata is known for heavy commercial vehicle. This common perception can affect the
sale of Nano.
Scope of the Study
1. This study would be useful for companies to know what people perceive and
thinking about “Small Fight” that is NANO.
2. This study would be useful to other students as a secondary data.
3. This study would be useful to form strategies according to perception of people
about NANO.
Objective of the Study
1. To know the consumer perception on “NANO” car.
2. To find out the Acceptance level of people.
3. To find out the awareness level about “NANO” car.
4. To know about factors affecting purchase decision of “NANO”.
5. To know how purchase decision of “NANO”.varies from different Income group.
Limitation of the study
1. I will have to rely upon the information given by respondents, which may not be fully
true
2. This study will be limited to only some areas of Phagwara & Jalandhar City.
3. It is only for short period of time.
4. Lack of professional approach since researcher is a student.
REVIEW OF LITERATURE
As the car got closer to completion, the media, including BW started speculating. Many
reports were cynical; some were guarded, as if leaving room just in case they were
proved wrong. Environmentalists such as R.K. Pachauri of the Energy Research Institute
and Sunita Narain of Centre for Science and Environment began rising concerns about
how a million small cars would impact urban congestion and air quality. But Tata was
privy to information that his car had survived a frontal crash test and met Euro IV
emission norms several months ago.
Japanese auto giant Suzuki, which makes the ubiquitous Maruti 800, also spoke out with
derision. "What is it going to be? A three-wheeler with a stepney?" Suzuki’s Founder
Chairman Osamu Suzuki had quipped when Tata announced the project. In February
2006, Suzuki again took a shot, saying that it was impossible to make a reliable car for
Rs. 1 lakh.
But within a year of Suzuki’s comment, the Tata team had reason to pop the bubbly. A
beta prototype was ready by the middle of 2007 and to maintain secrecy, it was tested at
foreign locations, such as test tracks in Germany and the rough terrains of Australia.
Just about 10 days before the Auto Expo at New Delhi’s Pragati Maidan where the car
was to be unveiled, RNT joined the team in Pune. He camped there until the launch,
overseeing the finishing touches. He personally drove it, and made several last-minute
changes, including changes in the seat covers and air vents, as the team prepared for the
Big day. Kinds of sketches about the car’s looks, three Nanos were shipped to Delhi in
containers and remained under cover until the night before the launch. In the wee hours
of 10 January, the car was rolled into Tata’s pavilion in hall 11 of Pragati Maidan right
under the noses of several TV vans stationed nearby. But they missed the action. RNT,
who later admitted he had spent a sleepless night preparing for the launch, and Ravi Kant,
were present when the cars arrived.
That day will go down as a red-letter day in Indian automotive history. Using a three
dimensional hologram created in Germany, a ‘virtual’ RNT spoke to the huge crowds
deluging the Tata pavilion about the car he had dreamed of and which was finally about
to be unveiled.
RESEARCH METHODOLOGY
SOURCES OF DATA COLLECTION
PRIMARY:
For my survey primary data have been used as a questionnaire to collect the data.
SECONDARY:
The secondary date has been collected from the following modes:
● Magazines
● Data through internet sources
RESEARCH DESIGN
Research Design is the arrangement for conditioned for data collection & analysis of data
in a manner that aims to combined relevance to research purpose with economy in
procedure.
A research design is a master plan or model for the conduct of formal investigation. It is
blue print that is followed in completing study.
THE research conducted by me.
Is a descriptive research. This is descriptive in nature because study is focused on fact
finding investigation in a well structured form and is based on primary data.
HYPOTHESIS
1. Purchase decision of Nano car will affects your status.
2. Nano is safe for driving.
3. Maximum no. of middle class income people grows for the purchase of Nano.
4. People prefer to purchase the Nano instead of two wheeler.
5. 75% of people go with Nano car in phagwara & Jalandhar City.
6. Nano is dependent of income of people.
7. Tata Nano likes by the phagwara & Jalandhar City people because of
affordability, brand name & design.
8. Private & government sector having greater acceptancy level of Nano in
phagwara & Jalandhar City.
INTERPRETATION
• I have found in my study that most of the respondents who like to go for TATA’s
“NANO” belongs to income group of 5000 to 15000, so it can be said that
“NANO” will be most welcome by this income group of people.
• Most of the respondents who belongs to the Private Sector or Govt. Sector having
greater acceptancy level for “NANO” in Baroda city and they would also like to
go for “NANO”.
• I have found that all the respondents of Baroda City which covered under my
study are well aware about TATAs “NANO”.
• In my study I have found that above 90% of respondents like the TATA”s
“NANO” car. Those respondents who would not like to go for “NANO” , they are
also like the TATA”s “NANO” for various reason like affordability, brand name,
shape/design this shows the preference of the respondents in Baroda city.
• More than half of the respondents would like to buy “NANO” in next 1 to 2 year.
Respondents who like to buy “NANO” are curiously waiting for its launching,
respondents like to go for “NANO” as it’s most affordable cost and of course due
to its Brand Name that is TATA.
• Respondents also prefer “NANO” due to its promise of good mileage about
21KM/Litre so, if TATA will fulfill the promise and if continuously maintain the
mileage of its car the “NANO” than it’ll surely helpful to attract more customer.
• Respondents who are preferring the second hand car , after the launching of
TATA’s Rs. 1lakh car the “NANO”, they would also like to go for “NANO” due
to its low cost and of course due to its attractive shape and design , its newness as
compare to second hand car.
• More than half of the respondents believe that “NANO” is their Dream Car, so it
shows TATA’s “NANO” car will be warmly welcome by the people of Baroda
City.
CONCLUSION
During my study I done a project on perception of people on “NANO” car in Baroda city.
I had learn a lot and get opportunity to know what consumer actually thinks and what
they perceive about TATA’s “NANO” because I had done field work and I was in
between the people only. I gain a practical knowledge which I haven’t get any where.
I had used a Questionnaire as a tool through which I had gathered a lot of information. I
fill up 300 questionnaire from the 9 areas of Baroda city, under my study I have covered
different class of people to know their perception and acceptance level for “NANO”. I
analyze from my questionnaire that 100% respondents aware from the TATA’s upcoming
“NANO” car, and out of 300 respondents 90% respondents like the “NANO”. I also
found that 71% of respondents would like to buy “NANO” in next 1 to 2 year, It shows
the acceptance level of the people of Baroda city and it’s good sign TATA. Respondents
who like the “NANO” or want to buy are preferring the “NANO” due to its Affordability
and Brand Name.
All this information will be benefited to know the Perception and Acceptance level of
people in Baroda City. It can be also benefited to the TATA MOTERS as I had mention
all the likes and dislikes of the respondents in my Study.
BIBLIOGRAPHY
BOOKS :
1) Philip kotler & hiller (2008) marketing management 8th edition: pearson
2)Berman , Berry and Joel r Evans(Oct-1997)Retail
management: A strategic approach 8th edition Englewood cliffs NJ
printicehall
3) Art kleiner George Roth,” How to Make experience your company’s best
teacher” Harward business review,
4) Boris Groysberg, Aashish Nanda ,and Nitin Nuhria ( may2004) “the risky
business of hiring stars “, Harward business review .
MAGAZINES
A) OUTLOOK BUSINESS (9TH FEB, 2008)
B) BUSINESS STANDART (18TH FEB, 2008)
C) 4P’S OF BUSINESS AND MARKETING (28TH MARCH, 2008)
INTERNET :
http://www.tatamotors.com
Questionnaire
PERSONAL DETAIL
Name:__________________________________________________________________
Sex : Male Female
Age : 18 – 30 30 - 50 Above 50
Profession: Govt. Employee Businessman
Pvt. Sector Employee Professional
Student Any other _______________
Monthly Income : 5,000 - 10,000 Rs. 10,000 Rs. – 15000 Rs.
15,000 – 20,000 Rs. Above 20,000 Rs.
Family Members:___________________
1) Do you have any Vehicle?
Yes No
If Yes than Specify,
Two Wheeler Four Wheeler
Any other_____________
(2) Would you like to go for Rs. 1lakh car?
Yes No
(3) Are you aware of Tata’s “NANO” car?
Yes No
(4) Do you like the Tata’s Rs. 1 Lakh car The “NANO”?
Yes No
(5) Do you plan to buy a “NANO” in the next 1 to 2 year?
Yes No
Can’t say
(6)Which model would you go for?
Deluxe (with AC) Standard (without AC)
(7) What do you think of it’s mileage of 21KM/Litre?
Very Good & reason to buy Not enough
Good enough for small town
(8) Rank following attributes of in order to preference given by you, while buying
“NANO”
Brand Name
Shape/Design
Safety
Affordability
Comfort
(9) Would you like to buy a second hand car instead of NANO?
Yes No
(10) Why do you prefer a NANO to a second hand car?
It’s new Mileage
Running Costs Good looks
(11) Do you think that Purchase decision of NANO will affects your status?
Yes No
(12) Do you believe that NANO is a dream car of yours?
Yes No
Place…………………..
Date…………………...
Sign……………………..