Summer Training Report ON Customer Mapping (Towards Cars) Undertaken at Mody Auto Motors Pvt. Ltd. Mumbai
Summer Training Report ON Customer Mapping (Towards Cars) Undertaken at Mody Auto Motors Pvt. Ltd. Mumbai
ON
CUSTOMER MAPPING
A SURVEY OF INDUSTRIAL CUSTOMER OF MUMBAI
(TOWARDS CARS)
Undertaken
at
MODY AUTO MOTORS PVT. LTD. MUMBAI
Submitted to
JIWAJI UNIVERSITY GWALIOR
MAHARAJA
AND TECHNOLOGY
INSTITUTE OF MANAGEMENT
Airport Road, Gwalior
Submitted To:
Submitted By:
DEEPAK CHOUMAL
MBA III SEM (2014-2016)
DECLARATION
I am Deepak Choumal, a student of MBA III Semester from Maharaja Institute Of
Management And Technology, Gwalior, declare that all the information, fact and figures
represented in this report entitled CUSTOMER MAPPING A SURVEY OF INDUSTRIAL
CUSTOMER TOWARDS CARS OF MUMBAI are first hand in nature. They are actively
based on my intensive research.
I have made the project under the safe roof of realistic data which was a sweet dream before
handling due to strong faith and elastic string of my heart. I have succeeded in equaling the
efforts with the output, for which I am very excited just like a blooming seed. Any resemblance
to earlier project or resource is purely coincidental.
Date
Place: Gwalior
DEEPAK CHOUMAL
MBA III Semester
CERTIFICATE
This is to certify that Deepak Choumal a student of MBA III Semester of Maharaja Institute
Of Management And Technology, Gwalior affiliated to Jiwaji University, Gwalior has
successfully completed his summer training of 45 days (from 22nd of JULY to 6th SEPTEMBER)
and prepared this report on CUSTOMER MAPPING A SURVEY OF INDUSTRIAL
CUSTOMER TOWARDS CARS OF MUMBAI under my guidance.
Date:
Place: Gwalior
Faculty Guide
ACKNOWLEGEMENT
It is privilege to express my gratitude & sincere thanks to Maharaja Institute Of Management
& Technology, Gwalior has given us the opportunity to summer training report on the topic. I
am thankful to Mr. Achal Pillai (Director-MIMT), Dr. Subeer Banerjee (Dean Academics),
and Mrs. SHAIFALI CHAUHAN (Faculty Guide) for his valuable guidance and support
throughout report preparation. I would also like to thank Mr. Rohil Khara (General Manager
of Mody Auto Motors).
I sincerely thank computer laboratory in-charge and library staff for their timely co-operation.
I would also like to thank to all people who directly or indirectly helped to complete the report.
Date:
Place: Gwalior
DEEPAK CHOUMAL
MBA III Semester
PREFACE
The project is based on the Customer profile and mapping to understand the consumer
behavior regarding automobile sector. The project took 7 weeks for completion. The main
motive of project report was to enhance my expertise and extensive knowledge I gained through
my course, by applying it practically to the market of automobile Ludhiana.
The project has been completed by collecting the primary data by interviewing the various
industrialist of Mumbai. Secondary data was also used as per the availability from different
sources. In all the study was to find out at which geographical area the potential customer may
exist and also to study the consumer behavior regarding automobile sectors.
During the project, I learnt the procedures and various other aspects of marketing of automobile
by applying theoretical knowledge and concepts to the best.
DEEPAK CHOUMAL
CONTENTS
Page no.
Chapter1
INTRODUCTION TO THE PROJECT
EXECUTIVE SUMMARY
INTRODUCTION TO AUTOMOBILE HISTORY
8
9
13
17
19
25
VOLKSWAGEN IN INDIA
INTRODUCTION TO MODY AUTO MOTORS
PRODUCT PROFILE FOR MODELS AVAILABLE IN
INDIA
30
32
34
41
42
47
CONCLUSION
LIMITATIONS
RECOMMENDATION
QUESTIONAIRE
BIBLIOGRAPHY
57
58
59
60
63
Chapter2
Chapter3
Chapter4
Chapter5
EXECUTIVE SUMMARY
2
Customer mapping is the easiest way to identify where your customers come from and who
they are.
Customer Mapping Analysis may include:
A customer profile to understand where to find more like them.
Market penetration and market share reports showing performance in existing markets and
expected performance in new markets.
Market ranking reports allowing company to prioritize resource deployment into new markets.
Customer Mapping
Customer mapping shows organizations which neighborhoods and markets they are serving with
their products. The results of customer mapping can often be surprising and show trends that
were otherwise unknown. In addition, customer mapping can be applied not only to an entire
client database, but also to selected kinds of customers such as:
Those who have bought certain products, or certain services.
Those whose purchases exceed a specified amount gain the greatest value from Customer
mapping, it can be combined with market share analysis to reveal the strongest areas that are
being reached, and those that are not being reached.
Strategies for Customer Mapping
What is a geographic market worth to your business? Mapping Analytics will help you find the
answer. Market potential can be expressed as a function of:
The number of customers purchasing.
Amount purchased.
Frequency of purchase.
In other words, market potential = (how many * how much * how often).
Bottom Up or Top Down Market Analysis?
It all depends on your specific needs. Mapping Analytics can advise you on the best approach to
sizing any market. We employ various methodologies and data sets to get you the answers you
need.
A bottom Up approach to market sizing starts with your customers. How much and often do
they buy? What is their profile? How many potential customers do you have in the market
based on your customer profiles? How can you reach them?
A Top down approach starts with market and industry data. It takes a close look at a geographic
market area and profiles the consumers and/or businesses to let you know their propensity to buy
your products and services. Mapping Analytics has expertise in both these approaches to market
sizing. We also have a wealth of data sources through partnerships with the best data providers in
the industry. We can match the right data for market analysis to your business and market
strategy.
We often use lifestyle clustering systems to size consumer markets. Clustering systems operate
under the premise that "birds of a feather flock together." That means people with similar buying
behaviors and demographic profiles tend to live close together. This helps you identify
neighborhoods or markets where your potential is highest.
Cluster analysis identifies key segments in the population that are more likely to purchase your
products than the average consumer.
Knowing in which clusters people reside provides a reasonable means of understanding and
predicting how they will behave.
Understanding which clusters are more likely than others to purchase allows better targeting.
Clusters are tied to geography, allowing you to identify and prioritize neighborhoods, trade
areas and markets.
Access Market Opportunity
Market analysis services from Mapping Analytics will provide the key intelligence we need to
rank and prioritize markets. We will know:
The top new geographic markets to target based on customer or revenue potential.
Which markets where we currently do business have untapped potential Gaining this market
understanding is essential to growing and expanding our business. But it isn't enough on its own.
Demographic Site Selection
When we work with Mapping Analytics, we will discover that demographic site selection leads
to a sound business site selection decision. We include a series of important analyses when
helping we select new sites, including:
Customer profiling.
Mapping customer locations.
Competitive analysis.
Trade area development and mapping.
Demographic, Census, and market data analysis.
Market potential analysis.
Customer Profiling
Customer profiling services from Mapping Analytics create descriptive segments or groups of
your customers. Each segment has specific defining characteristics. A customer segment is not as
simple as applying a demographic label, such as "women age 45-54" or "businesses with revenue
>$500 million.
"Those descriptions alone won't tell you enough about your customer. For example, not all
women age 45-54 have the same tendency to purchase your products. So a profile like this may
not help you much, and you may waste resources marketing and selling to the wrong people.
That's why Mapping Analytics takes a more comprehensive and disciplined approach to
customer profiling. We use your own customer data, lifestyle cluster data, and analytical
techniques. The result is a more accurate description of your customer that can be used to
identify areas where you can find more of your best customers.
What Goes Into a Customer Profile
What makes up a customer profile? It depends on whether your customers are businesses
or consumers. In either case, you typically start with your own customer data (such as location,
purchases, spending volume), append additional consumer or business data, then group into
segments that share similar characteristic.
Mapping Customer Attitudes
By Cliff Allen, Click Z, Oct 17, 2000
However, it's hard to predict which car someone will buy just by knowing demographic
characteristics. While one person of a certain age, income level, and family situation may drive
an expensive imported car, his next-door neighbor might share the same demographic profile and
drive an inexpensive domestic car. Thus, the demographic data doesn't explain the difference in
automotive preferences. But understanding the differences in how these two consumers perceive
the features and benefits of automobiles could help marketers understand their needs and
interests and which cars they are likely to prefer. By surveying consumers about their attitudes
toward the leading products in a market, marketers can map customers' dominant attitudes
toward products. Market research companies such as Simmons conduct detailed interviews to
gather the data needed to identify clusters of buyer attitudes.
When major automotive markets reported a 30-40 per cent decline, only a handful of countries
managed to show 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 15.51lakh 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 passenger vehicle market has weathered the downturn largely due to market leader Maruti
Suzuki which holds 48 per cent of the market. The compact car giant clocked 7.22lakh units for
2008-09. Closest rival Hyundai Motor India sold 2.44lakh cars, a growth of 13 per cent.
Most premium carmakers saw volumes shrink last fiscal. Toyota Kirloskar Motors numbers fell
15 per cent to 46,892 units while Ford Indias sales were down 17 per cent to 27,976 units.
Honda Siel Cars India also saw a 17 per cent drop at 52,420 units while General Motors India
was down 8 per cent to 61,526 units.
Among commercial vehicle makers, all major players saw substantial fall in volumes. Market
leader Tata Motors with a 60 per cent plus share, showed 22 per cent drop in numbers at 2.34lakh
units while Ashok Leyland showed 37 per cent drop at 47,632.
Eithers sales volume fell 37 per cent at 17,341 units and Force Motors was down 28 per cent at
7,819 units. The freight movement is unlikely to improve this fiscal which will impact truck
sales.
Public Company
Headquarters:
Germany
Industry:
Automotive
Products:
Cars, Trucks
Revenue:
Operating income:
Profit:
Employees:
369,928(2008)
Vehicle brand companies
Audi
Bentley motors ltd.
Bugatti automobile
Lamborghini
Seat
Skoda auto
Scania
Volkswagen passenger car
Volkswagen commercials vehicles
Subsidiaries:
INTRODUCTION TO VOLKSWAGEN
Type:
Founded:
Founders:
Headquarters:
Wolfsburg, Germany
Area served:
Worldwide
Key people:
Industry:
Automotive
Products:
Cars, Trucks
Website:
Volkswagen.com
HISTORY OF VOLKSWAGEN
In German, Volks pronounced as (folks), means people and Wagen means Car. Hence:
Volkswagen means "people's car" in German, in which it is pronounced [f lksvan].
Its current tagline or slogan is Das Auto, in English The Car.
Its previous German tagline was Aus Liebe zum Automobile, which translates to: Out of Love
for the Car, or, For Love of the Automobile, as translated by VW in other languages.
Adolf Hitler had a keen interest in cars even though he did not like to drive. In 1933, shortly
after taking over as leader of Germany, he teamed up with Ferdinand Porsche to make changes
to Porsche's original 1931 design to make it more suited for the working man. Hans Ledwinka
discussed his ideas with Ferdinand Porsche, who used many Tatra design features in the 1938
"KdF-Wagen", later known as the VW Kferor Volkswagen Beetle. When Chrysler brought
out the 1934 DeSoto Airflow coupe, its design enabled Mr. Porsche to finalize his design of the
Beetle. On 22 June 1934, Dr. Ferdinand Porsche agreed to create the "People's Car" for
Hitler's mother.
After some time, they planned to change some features regarding various aspects. These
changes included better fuel efficiency, reliability, ease-of-use, and economically efficient repairs
and parts. The intention was that ordinary Europeans would buy the car by means of a savings
scheme ("Save five Marks a week, if you want to drive your own car"), which around
336,000 people eventually paid into. The VW car was just one of many KdF programmes which
included things such as tours and outings. The prefix "Volks" ("People's") was not just applied
to cars, but also to other products in Europe; the "Volksempfnger" radio receiver for instance.
On 28 May 1937, the Gesellschaft zur Vorbereitung des Deutschen Volkswagens was
established by the Deutsche Arbeitsfront. It was later renamed "Volkswagenwerk" on 16
September 1938.
Erwin Komenda, the longstanding Auto Union chief designer, developed the car body of the
prototype, which was recognizably the Beetle we know today. It was one of the first to be
evolved with the aid of a wind tunnel; unlike the Chrysler Airflow, it would be a success.
The building of the new factory started 26 May 1938 in the new town of KdF-Stadt, now called
Wolfsburg, which had been purposely built for the factory workers. This factory only produced
a handful of cars by the time war started in 1939. None were actually delivered to any holder of
the completed saving stamp books, though one Type 1 Cabriolet was presented to Hitler on 20
April 1938 (his 49th birthday).
At the times of 1st world War, Volkswagen War meant production changed to military vehicles,
the Type 82 Kbelwagen ("Bucket car") utility vehicle (VW's most common wartime model),
and the amphibious Schwimmwagen which were used to equip the German forces.
By 1946 the factory was producing 1,000 cars a month, a remarkable feat considering it was still
in disrepair. Due to roof and window damage, rain stopped production and steel to make the cars
had to be bartered for new vehicles.
Volkswagens were first exhibited and sold in the United States in 1949, but only sold two
units in America that first year. On its entry to the U.S. market, the VW was briefly sold as a
"Victory Wagon". Volkswagen of America was formed in April 1955 to standardize sales and
service in the United States. Production of the Type 1 Volkswagen Beetle increased dramatically
over the years, the total reaching one million in 1955. Sales soared due in part to the famous
advertising campaigns by New York advertising agency Doyle, Dane Bernbach. Led by art
director Helmut Krone, and copywriters Julian Koenig and Bob Levinson, Volkswagen ads
became as popular as the car, using crisp layouts and witty copy to lure the younger,
sophisticated consumers with whom the car became associated.
Despite the fact it was almost universally known as the Beetle (or the Bug), it was never
officially labeled as such by the manufacturer, instead referred to as the Type 1. The first
reference to the name Beetle occurred in U.S. advertising in 1968, but not until 1998 and the
Golf-based New Beetle would the name be adopted by Volkswagen.
Volkswagen was in serious trouble by 1973. Beetle sales had started to decline rapidly in
European and North American markets. The company knew that Beetle production had to end
one day, but the conundrum of replacing it had been a never-ending nightmare. VW's ownership
of Audi / Auto Union proved to be the key to the problem - with its expertise in front-wheel
drive, and water-cooled engines which Volkswagen so desperately needed to produce a credible
Beetle successor. Audi influences paved the way for this new generation of Volkswagens, known
as the Polo, Golf and Passat.
Volkswagen Golf, sold as the rabbits in USA
While Volkswagen's range of cars soon became similar to that of other large European
automakers, the Golf has been the mainstay of the Volkswagen lineup since its introduction, and
the mechanical basis for several other cars of the company. There have been six generations of
the Volkswagen Golf, the first of which was produced from the summer of 1974 until the end of
1983 (sold as the Rabbit in the United States and Canada and as the Caribe in Latin America). It
would be produced in the United States as the Rabbit until the spring of 1984. The secondgeneration Golf hatchback/Jetta sedan ran from late 1983 to late 1991, and a North American
version produced in Pennsylvania went on sale at the start of the 1985 model year.
In the 1980s, Volkswagen's sales in the United States and Canada fell dramatically, despite the
success of models like the Golf elsewhere. The Japanese and the Americans were able to
compete with similar products at lower prices. Sales in the United States were 293,595 in 1980,
but by 1984 they were down to 177,709.
Volkswagen had entered the super-mini market in 1976 with the Volkswagen Polo, a stylish and
spacious three-door hatchback designed by Bertone. It was a strong seller in West Germany and
most of the rest of Western Europe, being one of the first foreign small cars to prove popular in
Britain. The second generation model, launched in 1981 and sold as a hatchback and "coupe"
(with the hatchback resembling a small estate car and the coupe being similar to a conventional
hatchback), was an even greater success for Volkswagen. It was facelifted in 1990 and was still
selling well after 15 years, when it was replaced by the third generation Polo in 1994.
The Volkswagen New Beetle concept, especially in North America.
In 1994, Volkswagen unveiled the J-mays-designed Concept One, a "retro"-themed car with a
resemblance to the original Beetle but based on the Polo platform. Its genesis was secret and in
opposition to VW management, who felt it was too backward-looking. Management could not
deny the positive public response to the concept car and gave the green-light to its development
as the New Beetle.
The production car would be based on the Golf rather than the Polo, because the Polo frame was
too small for the car to pass crash test standards in the U.S. It has been quite popular in the North
America and is now gaining in the EU.
Volkswagen group the Volkswagen Bora (the sedan, still called Jetta in the USA), New
Beetle, SEAT Toledo, SEAT Len, Audi A3, Audi TT and Skoda Octavia. However, it was beaten
into third place for the 1998 European Car of the Year award by the winning Alfa Romeo 156
and runner-up Audi A6.
In the late 90s Volkswagen acquired the three luxury brands Lamborghini (through Audi),
Bentley and Bugatti which were mainly due to Ferdinand Piech and added to the group
portfolio. Volkswagen in 2005, despite challenges, still maintained North American sales of
224,195a dramatic increase from the low in 1993 when US sales totaled only 49,533 vehicles.
VW plans to close out the decade with the release on several new vehicles worldwide and a
barrage of advertising.
The Fifth-Generation Golf
Volkswagen is recognized as one of the leading small diesel engine manufacturers, and is
partnering with Mercedes and other companies to market BlueTec clean diesel technology,
calling it Blue-Motion. Volkswagen has offered a number of its vehicles with a TDI
(Turbocharged Direct Injection engine), which lends class-leading fuel economy to several
models. According to the United States Environmental Protection Agency, four of the ten most
fuel efficient vehicles available for sale in the U.S. in 2004 were powered by Volkswagen
diesel engines.
Flexible-fuel vehicles
The 2003 VW Gol 1.6 Total Flex was the first full flexible-fuel vehicle launched in Brazil,
capable of running on any blend of gasoline and ethanol (E100).
AUDI:
99.55% ownership; the Audi marque is the sole active brand of the former Auto Union, bought
from Daimler-Benz on 30 December 1964.
AUTOMOBILE LAMBORGHINI:
100% ownership by Audi AG; company was bought in June 1998.
BUGATTI AUTOMOBILES:
100% ownership via the Volkswagen France subsidiary of VWAG, Bugatti Automobiles SAS
was created after Volkswagen purchased the right to the Bugatti marque.
SEAT:
Initially cooperation agreement with Audi AG, 51% (1986) and 100% ownership by the VW
Group since 1990, and was the first foreign subsidiary in the VW Group.
SKODA AUTO:
100% ownership since 1999.
EuropeCaddy Life
Eos
Fox.
Golf Mk6
Golf Plus
Golf Variant
Jetta Mk5
Multivan
New Beetle
New Beetle Convertible
Passat Mk6
Passat CC
Phaeton
Polo Mk4F
Scirocco
Sharan.
Touran
Tiguan
Touareg
VOLKSWAGEN IN INDIA
Recently Volkswagen paved the way for sustainable market activities in India. With the
investment agreement signed at the end of 2006 the brand sets a new course that unites two
success stories Volkswagen and India.
Volkswagen AG is to build a new production plant in Pune in the Indian state of Maharashtra.
With investment totaling some 410 million euros, a full production plant with a press shop, body
shop, paint shop and assembly lines is to be built on the 230 hectare site in the Chakan industrial
park near Pune. The German brand and Europes largest automotive manufacturer will be
entering the Indian market to meet the rapidly growing demand for mobility. Volkswagen will be
developing a vehicle in the foreseeable future specifically tailored to the needs of the Indian
market offering all the features of a genuine Volkswagen.
For the first step the Volkswagen brand will bring locally produced vehicles to the Indian market
up from the third quarter of 2007. To accompany the growing supply of Volkswagen Passenger
Cars, the Group has established a separate Indian sales company in 2007, initially for
Volkswagen as well as for Audi. Volkswagen Group Sales India Private Limited registered in
Mumbai
will
distribute
locally
manufactured
and
imported
vehicles
in
India.
Thus, Volkswagen can bring one of it's upper-premium sedan as the first locally produced vehicle
to the Indian market. In April 2006, Volkswagen produced the 14 millionth of its bestseller. The
Passat has become the very image of automotive progress, representing what Made in
Germany means. This long-term success is confirmed by numerous accolades from experts,
journalists and customers who have put the car through its paces in recent months. This image is
characterized by vehicle size, drive technologies, safety features such as airbags, ABS and ESP
in addition to quality details including galvanized bodies. Imported vehicles such as the premium
Sports Utility Vehicle Touareg will complement the range.
TECHNICAL SPECIFICATIONS
Vehicle Model
Engine Type
Displacement(liters/cc)
Max. Torque(NM at RPM)
Transmission
Bore/Stroke(mm)
Max. Power output(kw(PS) @ RPM
Emission Category
Price
2518279
JETTA
TECHNICAL SPECIFICATIONS
Vehicle Model
Engine Type
4-cylinder
engine
Displacement(liters/cc)
1.6/1595cc
Max. Torque(NM at RPM)
148/3800
Transmission
5 speed manual
gearbox
Max. Power output(kw(PS) @ 75(102) at 5600
RPM
Price
1,335,851
1.9/1896cc
250/1900
5 speed manual /6 speed
automatic DSG gearbox
77(105) at 4000
1,463,613/ 1,713,646
TOUAREG
TECHNICAL SPECIFICATIONS
Vehicle Model
Engine Type
VOLKSWAGEN POLO
TECHNICAL SPECIFICATIONS
Seating Capacity
5 Person
Displacement
1198 cc
Fuel Type
Petrol
Max Power
Max Torque
Mileage (ARAI)
16.47 kmpl
Alternate Fuel
Not Applicable
Transmission Type
Manual
No of gears
5 Gears
VOLKSWAGEN VENTO
TECHNICAL SPECIFICATIONS
1.6-liter
petrol(105PS/153Nm)
16.09
kmpl
20.64
kmpl
1.2-liter TSI
(105PS/175Nm)
18.19
kmpl
1.5-liteTDI(Auto)
21.5
kmpl
(a) To analyze the factors that influence the customer before buying a car.
(b) To find out the replacement pattern of customers.
(c) To find out the purchase pattern.
RESEARCH METHODOLOGY
A research process consists of stages or steps that guide the project from its conception through the final
analysis, recommendations and ultimate actions. The research process provides a systematic, planned
approach to the research project and ensures that all aspects of the research project are consistent with
each other. Research studies evolve through a series of steps, each representing the answer to a key
question.
This chapter aims to understand the research methodology establishing a framework of evaluation and
revaluation of primary and secondary research. The techniques and concepts used during primary
research in order to arrive at findings; which are also dealt with and lead to a logical deduction towards
the analysis and results.
RESEARCH DESIGN
I propose to first conduct a intensive secondary research to understand the full impact and implication of
the industry, to review and critique the industry norms and reports, on which certain issues shall be
selected, which I feel remain unanswered or liable to change, this shall be further taken up in the next
stage of exploratory research. This stage shall help me to restrict and select only the important question
and issue, which inhabit growth and segmentation in the industry.
The various tasks that I have undertaken in the research design process are:
Defining the information need.
Design the exploratory, descriptive and causal research.
RESEARCH PROCESS
The research process has four distinct yet interrelated steps for research analysis. It has a logical and
hierarchical ordering:
Communication of results.
Each step is viewed as a separate process that includes a combination of task , step and specific
procedure. The steps undertake are logical, objective, systematic, reliable, valid, impersonal and
ongoing.
EXPLORATORY RESEARCH
The method I used for exploratory research was:
Primary Data
Secondary data
PRIMARY DATA
New data gathered to help solve the problem at hand. As compared to secondary data which is
previously gathered data. An example is information gathered by a questionnaire. Qualitative or
quantitative data that are newly collected in the course of research, Consists of original
information that comes from people and includes information gathered from surveys, focus
groups, independent observations and test results. Data gathered by the researcher in the act of
conducting research.
This is contrasted to secondary data, which entails the use of data gathered by someone other than
the researcher information that is obtained directly from first-hand sources by means of surveys,
observation or experimentation. Primary data is basically collected by getting questionnaire filled by the
respondents.
SECONDARY DATA
Information that already exists somewhere, having been collected for another purpose. Sources include
census reports, trade publications, and subscription services.
There are two types of secondary data:
Information compiled inside or outside the organization for some purpose other than the current
investigation Researching information, which has already been published? Market information
compiled for purposes other than the current research effort; it can be internal data, such as existing
sales-tracking information, or it can be research conducted by someone else, such as a market research
company or the U.S. government. Secondary source of data used consists of books and websites. My
proposal is to first conduct a intensive secondary research to understand the full impact and implication
of the industry, to review and critique the industry norms and reports, on which certain issues shall
be selected, which I feel remain unanswered or liable to change, this shall be further taken up in the next
stage of exploratory research.
DATA COLLECTION
Data collection took place with the help of filling of questionnaires. The questionnaire method has come
to the more widely used and economical means of data collection. The common factor in all varieties of
the questionnaire method is this reliance on verbal responses to questions, written or oral. I found it
essential to make sure the questionnaire was easy to read and understand to all spectrums of people in
the sample. It was also important as researcher to respect the samples time and energy hence the
questionnaire was designed in such a way, that its administration would not exceed 4-5mins.
These questionnaires were personally administered. The first hand information was collected by making
the people fill the questionnaires. The primary data collected by directly interacting with the people.
DETERMINING THE SAMPLE PLAN AND SAMPLE SIZE
TARGET POPULATION
It is a description of the characteristics of that group of people from whom a course is intended. It
attempts to describe them as they are rather than as the describer would like them to be. Also called the
audience the audience to be served by our project includes key demographic information (i.e.; age, sex
etc.).The specific population intended as beneficiaries of a program.
The target population is the population I want to make conclude an ideal situation; the sampling frames
to matches the target population. A specific resource set that is the object or target of investigation. The
audience defined in age, background, ability, and preferences, among other things, for which a given
course of instruction is intended.
I have selected the sample trough Simple random Sampling.
SAMPLE SIZE
This involves figuring out how many samples one need. The numbers of samples you need are affected
by the following factors:
Project goals
I have targeted 530 people for the purpose of the research. The target population influences the sample
size. The target population represents Mumbai region. The people were from different professional
backgrounds. The details of our sample are explained in chapter named primary research where the
divisions are explained in demographics section.
RESEARCH DESIGN
Research design is a conceptual structure within which research was conducted. A research design is the
detailed blueprint used to guide a research study towards its objective. It is a series of advanced decision
taken together comprising a master plan or a model for conducting the research in consonance with the
research objectives. Research design is needed because it facilitates the smooth sailing of the various
research operations, thereby making research as efficient as possible yielding maximum information
with the minimum effort, time and money.
ANALYSIS
ANALYSIS HAS BEEN DONE BY TWO METHODS
1. GRAPHICAL METHOD
2. PERCENTAGE METHOD
Manufacturer
Trading
Service
No. of respondents
412
81
37
Percentage
78%
15%
7%
Interpretation
Type of
Business
From this analysis it came to know that in Mumbai the 78% of the business is
manufacturing, 15% business is trading and 7% business is service. It means the
Mumbai industry is a manufacturing industry.
Location of industries
Location
No. of
respondents
Percentage
Ind.
Area
299
Focal
point
192
Pune
56%
36%
8%
39
Interpretation
From this analysis it came to know that most of the industry of Mumbai is
concentrated around focal point area (36%) and industrial area (56%) and the then
Pune (8%).
Cycle
parts
Auto parts
Hosiery &
dyeing
Forging
Others
130
83
72
51
76
Percentage
32%
20%
18%
12%
18%
Interpretation
From this analysis it came to know that in Ludhiana the 32% industry is cycle
industry and then followed by Auto parts industry (20%), Hosiery (18%) and rest
by others industries.
Maruti
Hyundai
Honda
Tata
Toyota
Others
No. of cars
362
126
144
109
75
115
Percentage
39%
14%
15%
12%
8%
12%
Interpretation
From this analysis it came to know that 39% of the domestic car market is owned
by maruti and then followed by Honda (15%), Hyundai (14%), Tata (12%), Toyota
(8%) and others (12%).
3-7lakhs
7-12lakhs
12-20lakhs
20-30lakhs
30+lakhs
449
352
84
22
24
Percentage
48%
38%
9%
2%
3%
Interpretation
From this analysis it came to know that the cars with range 3-7lakhs holds 48% of
the market while the cars with range 7-12lakhs holds 38% of the market and rest of
the market is holed by other range of cars. Which means most of the market is hold
by 3-7lakhs and 7-12lakhs cars.
Mode of Purchase
Mode of Purchase
No. of respondents
Percentage
Cash
122
23%
Finance
408
77%
Interpretation
From this analysis it came to know 77% of customer prefers to purchase cars on
finance due to various reasons. And this ratio also show the purchasing power of
the customer.
ICICI
HDFC
Nationalized
Any other
No. of
respondents
Percentage
90
55
84
61
31%
19%
29%
21%
Interpretation
From this analysis it came to know 31% of people prefer ICICI bank, 29% of
people Nationalized bank, 19% of people prefer HDFC bank and 21% of people
prefer others bank for financing the cars. Hence ICICI is the prior option chosen by
the customers to finance their cars.
CONCLUSION
The above study shows that Mumbai industry is manufacturing industry and most of the industry
resides in focal point and industrial area. In manufacturing industry cycle industry, auto parts
industry and hosiery industry are major industries. And among car companies maruti holds the
major part of the market followed by Hyundai, Honda, Tata and then other companies. And most
number of cars hold by customers are in the range 3-7lakhs (35%) and then 7-12lakhs range.
Most of the customers (77%) prefer to purchase cars on finance. Most customers change their
cars after 3-4 year interval. As this result may not be suitable to all the regions of the country
because of the culture, standard of living and volume of the market. The research concludes that
Volkswagen have great opportunity to penetrate in the market.
The Mumbai market was too vast and it was not possible to cover each and every
customer in the available short span of time.
Generally, the respondents were busy in their work and were not interested in responding.
Most respondents were reluctant to provide exact information as in why they preferred
particular companys car.
The research was conducted in present prevailing conditions. There can be some
fluctuations in the market, which can offset the findings.
RECOMMENDATION
People were not aware about VW brand, there should be more brand awareness in the
market.
People didnt recognize difference between prestige motors & Prestige Honda, that
should be rectified.
The company should promote about the entire feature offered by it.
(b) 30-40
(c) 40-50
(d) 50+
(b) Salaried
If Businessman
(a) Company Name :
(b) Designation :
(c) Address:
Q4: What type of business are you doing?
(a) Manufacturing
(b) Trading
If Manufacturing:
(a) Cycle parts
(c) Hosiery/Dying
(d) Forging
Place 3
Place 4
Q6: What is your monthly household income?
(a) Below 50,000
(c) 1, 00,001-5,00,000
..
..
..
..
Make
Model
.
.
.
..
.
.
..
..
(b) Self
Brand
Styling
Comfort
Space
After sale
services
Building
Quality
Q10: What Budget do you allocate for car?
(a) 2-7lakhs
(b) 7-12lakhs
(c) 12-20lakhs
(e) 30lakhs+
(d) 20-30lakhs
(b) No
Q12: What are the eligibility criteria for giving cars to employees?
Type/Make of vehicle
Eligibility limit
.
.
.
.
.
.
.
.
(b) Cash
(b) HDFC
(c) SBI
(b) 1-2yr
(c) 2-3yr
(d) 3-4yr
(e) >4yr
Q18: After how much time are you planning to purchase a car?
.
BIBLIOGRAPHY
References
Books:1. C.N. Sontakki, Marketing Research, Himalaya Publishing House, New Delhi, 2006.
2. C.R. Kothari, Research Methodology Methods and Techniques, New Age International
(Pvt.) Ltd., publishing New Delhi, 2004.
3. Churchill, Gilbert and Dawn Iacobucci, Marketing Research Methodological Foundations,
South-Western, Thomson Learning, 2002.
4. Crosby, Philip, Quality is free: The art of making quality certain, McGraw Hill Custom
Publishing, 1978.
5. Dr S.C.Gupta, Statistical Methods, Sultan Chand & Sons Educational Publishers, New
Delhi, 2006.
WEBSITES:http://www.volkswagen.co.in
http://www.volkswagenmumbainorth.com
http://www.automobile.com
http://www.google.com
Magazines: Autocar.
OverDrive.
Staff Of The Mody Auto Motors.