A

SUMMER INTERNSHIP PROJECT REPORT ON

A Study on the Sales and Customer Satisfaction at

“Shankara Hyundai India LTD”

A Report Submitted to Rashtrasant Tukadoji Maharaj

Nagpur University.
In Partial Fulfilment of the requirement of
Master of Business Administration (MBA) Course
Specialization in Marketing Management

Academic Session:- 2018- 19

Prepared by :-
Kunal Patle.

Guided by:-
DR. Rahul Kharabe

Department Of Business Management, Nagpur

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 CERTIFICATE

This is to certify that Ms. Kunal Patle is a bonafide student of Kendriya

Vidhyalaya , Raipur pursuing Master of Business Administration (MBA) course
specializing in Marketing Management during academic Session 2018-19.

The candidate has worked under the supervision of Dr. Rahul Kharabe
and has satisfactorily completed his project work in this academic session. The
project submitted by his is his own work and is complete so as to warrant its
presentation for examination.

His project work titled A Study on the Sale and Customer Satisfaction at
Shankara Hyundai, which is in partial fulfillment of the requirement for the above
course is being forwarded to Rashtrasant Tukadoji Maharaj Nagpur University
for examination.

Project Guide Director

Dr. Rahul Kharabe Department Of Business Management

Nagpur.

DECLARATION

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 I, the undersigned Kunal Patle, hereby declare that project report entitled
“A Study on the Sales and Customer Satisfaction at Shanakara Hyundai” is my
own work and has been carried out under the supervision and guidance of my
Supervisor Dr. Rahul Kharabe
This work has not been previously submitted by me to any other
examination of this University or any other University.

Date:-
Place:- Nagpur

Kunal Patle.

ACKNOWLEDGEMENT

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I take this opportunity to convey my gratitude to those who provided me help
during the course of my study. It is indeed a great pleasure to express my sincere
thanks and great sense of gratitude to Dr. Rahul Kharabe for his valuable
guidance, timely help and suggestion and constant encouragement during my
project work.

I am equally indebted to my Supervisor Hitesh Sharma (Sales Manager) for his

co- operation, guidance and constant encouragement.

Date:
Place: Nagpur
Kunal Patle

INDEX

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 S No Particulars Page No
1. INTRODUCTION 6-8

2. COMPANY PROFILE 9-12

3. OBJECTIVES OF STUDY 13

4. WORK UNDERTAKEN 14-22

5. LEARNING EXPERIENCE 23-26

1. INTRODUCTION

The main aim of the study is for analysis of sales and customer satisfaction at
Shankara Hyundai, Raipur. Shankara Hyundai is into automobile business since
last 08 years. It has a total turnover of Rs. 12 Crores with total strength of around
100+ personnel employed in various capacities.

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Customer satisfaction is a concept that more and more companies are putting at
the heart of their strategy, but for this to be successful, they’re needs to be clarity
about what customer satisfaction means and what needs to happen to drive
improvement.

NEED FOR STUDY

Increasing competition, ever growing market, easy availability of the finances

and increasing population of young executives, with huge disposable incomes,
over the past few years has substantially increased the sales in the automobile
industry. Also, the competition among the dealers of the products has increased
with each trying to maximize their customer base. This makes it imperative for
the dealers to provide the best of the services and exceed the customer
expectations to achieve customer delight and loyalty.

The study tries to understand the key service parameters and reflect upon the
dysfunctional areas, thus providing the dealer with an insight into the level of
customer satisfaction and changing trends of the customer expectations.

CUSTOMER SATISFACTION

As organizations become increasingly customer focused and driven by demand,

the need to gain customer loyalty and retain their loyalty is critical. Customer
satisfaction is the most effective way to achieve customer loyalty. Customer
satisfaction and customer loyalty share many similar traits. Customer value is the
customer’s perception of the ratio of benefits to what he or she gives to obtain
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those benefits. The customer Value Triad is a framework used to understand what
it is that customers want. The framework consists of three parts: (1) perceived
product quality, (2) value-based pricing, and (3) perceived service quality.
Customers are satisfied, when value meets or exceeds expectations. If their
expectations of value are not met, there is no chance of satisfying them. Figuring
out what the customers want, however, is a difficult and complex process. To be
able to create and deliver customer value is important to understand its
components. On the most basic level, value from a customer’s perspective is the
ratio of benefits to the risks being taken while buying the product.

SALES TARGETS

The company normally issues targets to all the dealers based on the sales of the
corresponding month of the previous year. The target is also assigned depending
on the regions classified territory.

Due to the company’s export obligations, wherein the Letter of credit is

prepared one month in advance to shipping the cars, the company cannot
possibly default on the shipments. Hence, the target is not based on the

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company’s total production but the production apart from the export
obligations.

The production level including exports, for the month once set is divided
between domestic and exports and then a certain target is allotted to each
region. This target though issued to the dealers, is overseen by the regional sales
office.

2. COMPANY PROFILE

“Hyundai” a name to be reckoned in the World Automobile industry is Korea’s

number one automaker. Hyundai has established an enviable record for growth
both in quantitative and qualitative terms transforming itself from a domestically
oriented manufacture into a global player and leading contributor to Korea’s
economic and industrial development. Hyundai Motor Company is steadily
accelerating to achieve the status of world-class automobile company.

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In December 1967, Hyundai Motor Company (HMC) was born out of the
Hyundai Business group, the nation’s largest conglomerate with the purpose of
entering the automobile industry to meet the growing domestic demand for
cars. Since then, HMC has played a major role in providing transportation to
further Korea’s economics growth and prosperity.

Entry of Hyundai Motor Company in the Indian Market.

Hyundai established its presence in India by opening a subsidiary called

“Hyundai Motor India Limited” with a total investment of US$ 614 Millions. The
Hyundai project is the largest to be made by an MNC in the automobile
sector. The plant near Chennai, in the state of Tamil Nadu is the largest
manufacturing plant of Hyundai motors outside Korea and contains nearly all
facilities necessary for a self sufficient manufacturing and production site for
developing cars. This assembly plant not only boasts it sown assembly facilities
but also a R&D center, a performance experimenting and testing center, and a
driving testing ground.

As such, the India plant represents a family-type combined automobile assembly

facility, capable of all production processes, research and development, testing of
products, marketing for sales and provision of after sale service in India.

In 1997, Hyundai Motor India limited launched “Santro” the best small car at its
worldwide debut in New Delhi. Santro is basically a face lifted version of the
“Atos”. Santro was introduced in three different models having varying
features. Santro was a runaway success in the India market and became famous
as the Tall Boy car. It topped the volumes year after year in its segment.

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Products rolling out of Hyundai Motor India Ltd.

The products that come out of the Hyundai Motor’s desk are
1. Santro Zing
2. Accent
3. i20
4. Sonata
5. i10 (kappa 1.2)
6. Getz

Ideology and Environment at Hyundai:

A management motto at Hyundai is “Customer first, best in technology, best in

quality and best value for human beings”. Hyundai as a company is dedicated to
create new value for its customers. Hyundai Motor Company’s target is to care
for the environment and devote attention to the future of our children and their
ability to inhabit a clean, pollution managed world. Hyundai believes that they
have achieved the current status as a world-class company by faithfully enforcing
seven management principles and creating an atmosphere where by each and
every member of the company is able to work for the benefit of common
future. As a result, Hyundai motor company is committed to its social
responsibilities as it fulfills its mission with dedication and strength of purpose.
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 Goal of Hyundai – “To build the world’s best quality cars”

PROFILE OF SHANKARA HYUNDAI

The success story is scripted through hard work, determination and unitiring
efforts of the Chairman Mr. Dinesh Sinha. Being an engineer who was savvy of
automobiles, he started his career with C.G. Scooters dealership and because of
the dedicated performance was allotted with Hero Honda dealership in 2004. The
success of these dealerships led to the entry into the four wheeler segment. In the
year 2009.

Mission

We at Lakshmi are continuously striving to be in tune with technology, provide

products and services of the highest quality, meet the performance and price
aspirations of our customers and while doing so, maintain the highest standard of
ethics and social responsibilities.
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Constantly look to improve the quality of our services and process and look for
constant development with a focus towards customer delight. To always fulfill
the commitment to the people dealing with us with a fair mind and conscience.

3. OBJECTIVE OF THE STUDY

To study and understand the key service parameters using Customer Satisfaction
and reflect upon the low performing areas:

 To study about the customer satisfaction on the services provided by the

dealers.
 To study the opinion of the customers regarding the availability and cost
of spare parts.
 To study the opinion of the owners of cars regarding its features like
mileage, price etc.
 To study the effect of advertisement on the customers to promote the
product.
 To study the customer satisfaction with usage of their cars.

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  To study the information resources that the customer using before
purchasing the car.

SCOPE OF THE PROJECT

 The research measures the experiences of customers.

 Defines and analyses the experiences based on key deliverables.
 Gains insights into Customer expectations.

4.WORK UNDERTAKEN

Human interaction

Customer service is a task, other than proactive selling, that involves interactions
with customers in person, by telecommunications, or by mails. It is designed,
programmed and communicated with two goals in mind: operational efficiency
and customer satisfaction. A typical categorization of the services based on who
performs the action within the services cape can be

1. Self-service (customer only)- ATM, Movie Theater

2. Interpersonal services-banks, restaurants
3. Remote services (employee only) – telephone mail order desk.

The superiority of the product has to be complemented with a high quality of

services, which gives a competitive edge to the organization. A high standard of
service is what sets apart one organization from another, and ultimately attracts
the customer to the doorsteps. Services at the showroom fall in the second
category where there is a high complexity of interaction and hence it becomes
necessary for the personnel to be adept in responding to the customer cognitively,
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emotionally and psychologically. The various aspects and characteristics of
service provision, which have been taken into consideration of a customer care
team/ sales consultant are

1. Politeness
2. Courteousness
3. Product knowledge
4. Process knowledge
5. Communication skills

Product information

Consumers obtain information about products and services from personal sources
(friends and experts) and from the non-personal sources (mass and selective
media).When purchasing goods, consumers employ both personal and non-
personal sources since both effectively convey information about search qualities.
This is especially true for high involvement products such as cars, two-wheelers,
durables etc.

Mass media can convey information about search qualities but can convey a little
about experience qualities. Also, mass media cannot elaborate on the finer aspects
and hence it becomes imperative for a showroom to provide the complete
information about the product, pricing and the offers.

The showroom can provide information by adopting the below mentioned list

1. Broachers, leaflets and pricelists – easy reference and handy.

2. Sales consultant
3. Test drive – hands-on experience.

Broachers, leaflets and pricelist are the basic sales tools, which elaborately give
the product specifications, promotional offers and schemes at hand and the
pricing of various models at display.
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Sales consultant has to be knowledgeable to understand the nuances of the
specification and should be able to convey the same to the prospective
customers. The sales consultants handle the various queries (technical and
commercial) and clears the impending doubts of the inquisitive customer.

Test drive – the last part in providing information to the customer and gives the
customer a hands – on experience of the product performance.

Time and Promptness.

One of the factors, which has to match the eagerness and the enthusiasm of the
customer is quick and prompt delivery of the service.

After the customer has made a decision to go ahead with the purchase the next
logical sequence of steps would be a process the required documents, book the
order, confirm the order, inform the customer about the date of delivery and
prepare the required documents for the delivery of the vehicle.

Order booking-This is the process where the onus lies completely on the
personnel dealing with the customer. The customer has to be given the right
information regarding the documents, time taken to process the documents and
close the deal.

It is also the responsibility of the various departments involved to provide a quick

service to ensure that the customer has a good and satisfying experience.

Delivery on date and time- once the product is delivered it can be assumed that a
sale has been done. The paper work to be carried out has to be done at a quick
pace. This can be observed in the responses of those 25% of customers who
reported a slack in the delivery process. Deviation from promised date and time
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can lead to a lot of inconvenience to the customers, thereby leading to a bad
experience.

Consistency

“Nothing is consistent by change.”

Consistency is a matter of experience. The expectation of service grows from

every experience the customer has during the sales process. For ex: the customer
would expect the same responsiveness from the sales person during the order
processing as it was during the pre-sales, any aberration would create a sense of
insecurity and would thereby breach the bond of trust established between them.

Inconsistency in service is caused by ever changing expectations of the

customer. This poses a challenge of maintaining the quality of service in every
“encounter”. The expectations are not just related to the profile of the customer
but also to the occasion and moods, service firms find it difficult to meet the
expectations of the customers all the time without affecting the quality of service.

Furthermore, the characteristic of perish ability makes the service non-

storable. They exist while they are being delivered / consumed. This poses the
management, problem of managing the match and capacity planning.

In the analysis we have chosen to analyze the consistency maintained in offering

services relating to the human interaction as well as the processing of the
documents. This becomes important in the light of these services being offered in
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pre-sales and post sales scenario, and gauging the consistency levels at these two
stages gives a fair idea of the consistency maintained in the services offered.

Consistency in human interaction is observed in the pre-sales, order processing

and post sale stages.

Convenience

The objective of the customer care personnel is to provide convenient and

comfortable service and not to push the customer to make the purchase. While
basic facilities are made available, the customer care personnel have to make sure
that customer doesn’t feel any inconvenience while the sales process is on.

Convenience does not only refer to the physical comforts such as seating,
availability of rest rooms etc. but also to mental convenience a in helping out the
customer to reach a decision, providing relevant information to the customer for
evaluating the various options, making sure that it is one-stop shop (additional
accessories being made available like stereo systems, reverse gear buzzers etc.)
explain the basic functionally of the product etc.

It is helpful to offer customers information in printed form; good signing is very

important at service delivery points and on self-service equipment. The customer
care personnel have to make the first move and approach the visitors instead of
making the visitors ask for some guidance. The visitors have to be communicated
how to use and how not to use the facilities at offer.

The concentration has been focused on checking the convenience of the

customers on aspects such as

1. Timings
2. Test drive
3. Availability of accessories
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 4. Sufficient fuel to reach the nearest petrol station
5. Wide range of finance options made available at the showroom

Table-1

Human Interaction

SNO OPINION POLITE KNOWLEDGE WARRANTY PRESENCE

1 YES 88 90 85 86
2 NO 12 10 15 14
3 TOTAL 100 100 100 100

Interpretation

The personnel score a high 93 (approx.) in being courteous, polite,

knowledgeable and communicating the warranty and schedule but there is a slight
decrease in the attention provided at the time of delivery, which is area to
concentrate. Nevertheless, the overall human interaction is above the acceptable
levels.

Table-2

Product Information

SNO OPINION AVAILABILITY KNOWLEDGE TEST DRIVE

1 YES 88 86 88
2 NO 12 14 12
3 TOTAL 100 100 100

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Interpretation:

The showroom scores high in providing the relevant product information and is
leaving no stone unturned to provide the specific information needs of the
customers. This also reflects that the customer care personnel are well- equipped
with the product information. At most care has been taken to ensure that the
customers are provided with the product information.

Table-3

Time & Promptness

SNO OPINION FAST PROCESSING DELIVERY AT FAST

AT ORDER PROMISED PROCESSING
AT DELIVERY
1 YES 90 88 92
2 NO 10 12 08
3 TOTAL 100 100 100

Interpretation:

This is the area where the customer satisfaction level has gone down to 75, this
area is to be handled well by the customer care as the other arrears are scoring
well above 80. It is also to be noticed that the customer is anxious to get the
delivery of the car as soon as possible, and the sales personnel have to take
additional care to ensure that the customers is communicated the unavoidable
delays well in advance.

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 Table-4

Consistency

Consistency in processing

SNO OPINIONS ORDER PROCESS DELIVERY

1 YES 86 82
2 NO 14 18
3 TOTAL 100 100

Interpretation:

The showroom maintains a consistency level of 85% (avg. of processing

consistency and consistency in human interaction), which is acceptable.

Table-5

Convenience

SNO OPINION MECHANIC FUEL TEST AVAILABILITY CONVENIENCE

1 YES 82 90 88 86 84
2 NO 18 10 12 14 16
3 TOTAL 100 100 100 100 100

Interpretation:
Though there are 20 of people who have not utilized the finance option provided
by the showroom, the point to be taken is that 80 of the customers have utilized
the options provided by the showroom.

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Sales structure of Hyundai

MD

President

Executive Director
(Marketing &
Sales)

GM
(Sales)

Regional Regional Regional

Manager Manager Manager

Sales Sales Sales

Manager Manager Manager

Sales Sales Sales

Executives Executives Executives
(Dealers
(dealers)) (Dealers) (Dealers)

6. LEARNING EXPERIENCE

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 Sales satisfaction index is the index of overall satisfaction of Lakshmi
customers as a whole. The overall satisfaction is the average of the scores
of the key variables, which in turn is the cumulative of the positive
responses of the customers, converted to a scale of ten. The responses of
the customers have also been recorded over repeat purchases, referrals and
their satisfaction to cross check with the calculated result.

Sl.No Key Deliverables Score Score on scale of Ten

1 Human Interaction 210/225 9

2 Product Information 215/225 9

3 Time & Promptness 175/225 7

4 Consistency 254/300 8

5 Convenience 413/450 9

Cumulative Score 42

Sales Satisfaction Index

Overall Satisfaction = Average (Cumulative Score)

= 42/5

= 8.4

Sales Satisfaction Index = 8.4 on scale of ten

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From the above study we learn the different modes and techniques used by the
company in order to satisfy their customer needs in order to increase sales which
is the crucial part and main purpose of building the organization all the techniques
such as human interaction, product information, time promptness, consistency
and convenience are very important and the implementation new techniques if
required is also very essential in order to increase sale and profit. Also make the
brand prominent and trustworthy.

CONCLUSIONS AND FINDINGS

1. Shankara Hyundai enjoys a high patronage from its customers.

2. Most of the customers had a good experience of shopping at Shankara Hyundai.

3. The satisfaction levels can also measure with the level of recommendations to
friends and associates. It is evident that more than 80% customers are satisfied
with the service offered at Shankara Hyundai.

4. The probability that the customers would repeat that purchase at the same
showroom is high, which is a good sign.

5. The sale satisfaction index of Shankara Hyundai showroom is 8.4 on scale of

ten which is exceptionally good, the showroom should persist on high levels of
commitment to maintain the good image it has created.

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6. In the interview it was found that the customers are happy about the training
programs under taken by the showroom, which train the customers to negotiate
minor breakdowns comfortably.

7. It has been observed that 25% of customers have reported a slack in the delivery
process.

SUGGESTIONS

The overall sales satisfaction index from the study reveals that the company is
performing very well and customers buying are much satisfied with the service
given to them. The only couple problem noticed are:

1. Some of the customers have complained about the slack in the delivery process
and timings. Therefore, this is the area which I recommend to the showroom to
focus a little bit more. It needs to improve its delivery process and time. Need to
become little quick and fast.

2. Some of the customers have also complained about the after purchase services
provided by the showroom. Even though the complaints are minor, the showroom
needs to resolve the customer after purchase service issues in order to achieve
customer satisfaction.

BIBLIOGRAPHY
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Books:
Principles of marketing: KOTLER ARMSTRONG.
Marketing Management: PHILIP KOTLER.
(Analysis, Planning Implementation and Control)
Services Marketing : TATA Mc GRAW HILL.
Marketing Research : G.C.BERI.
Research Methodology: KOTHARI. C.R.

Websites:
http://www.jdpower.co.jp
www.bus.umich.edu
http://www.asq.org
http://shankarahyundai.com

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