ROYAL ENFEILD Project
ROYAL ENFEILD Project
1
EXECUTIVE SUMMARY
In this project report the primary data is collected from personal meeting with the customers
of Royal Enfield user and the information collected by the customers from the scheduled
questionnaires. Also, the example size of the respondents is 50 and the information
investigation and understanding were set up with the assistance of auxiliary information these
information gathered from the organization site and books.
FINDINGS
From the survey it was found that most of the respondents are aware about total
number of free services providing by the Bhavani Motors.
Maximum numbers of Royal Enfield user are satisfied with respect to addressing their
complaints. This indicates that Bhavani Motors proper has given care on solving
customer problems.
Most of the customers satisfy with the after sales service of the Bhavani Motors.
Introduction
INTRODUCTION OF THE INTERNSHIP
An internship program is the opportunity for the student to gain practical knowledge about
the chosen study topic. The internship program provides field experience on his study topic.
The internship is for a period of weeks and has been positioned throughout 4th Sem on
the MASTER OF BUSINESS ADMINISTATION .
An examination on consumer loyalty towards Royal Enfield Bike at Bhavani engines bidar
INDUSTRY PROFILE:
The Indian automobile is the biggest industries in the world. Automobile industry consisting
as a major revenue and job creating sector in the worldwhat's more, it drive the economies of
some superpower of the worldwide of the India the advancement causes the vehicle
organization to created by limits of the bound the presentation on in the progression with the
assistance of advancement the car business and bike part has grown-up by jump and bound.
In these decades in India the automobile industry was controlled toscooty and later
herodirecting to the bazaar. At that time near were very limited choices of the products
vacant as to motorbike and Enfield bullets and Raj doot controlled to bazaar The 80s to
Japancountries company entering into the Indian bazaar At that time the scooter Bajaj and
LML were dominated the market with their brand name and products at that time. With the of
liberalization the Japanese companies are produced new products and technology in India. .
In the nineteenth century the safe of George Townsend and Co. opened its gateways in the
community of Hunt End, at the Worcestershire town of Red dump. The association has
worked in sewing needles and machine parts. at the essential endeavor, it is moving one
opportunity to another. From that point it stayed opening of the assembling of a tale quickly
George Townsend and Company where created his individual bicycles at that point marks in
1893 itsgoods began towarddiversion of a name ‘Enfieldbelow the object Enfield
DevelopedBusinessIncompletebythe symbol ‘Completed Comparable a
Gun
DEFUNC : 1971
VISION
To end up a world class organization for minding and charming the clients with great quality
items and present day benefits around household and global market with forceful
improvement and conveying better monetary execution.
MISSION
Regal Enfield close by with the joint wander organization will be a completely incorporated
organization of investigation and generation, refining and showcasing; concentrating on
upgrade of efficiency, quality and productivity.
QUALITY APPROACH
Our quality approach is to accomplish and support a control for quality in the national level
market and in addition universal market with offering great nature of items and
administrations that required to the clients, and keeping up a quality administration
framework in the association based global measures.
A. PRODUCT PROFILE
Thunderbird
Rider Mania’
Bullet Electra
Machismo 500lb
Bullet 350
Thunderbird
Classic 350
Classic 500
Himalayan
Continental Gt
RIDER
MANIA
Bullet Electra
Machismo 500LB
Bullet 350
Thunderbird
10
Classic 350
Classic 500
Continental GT
AREA OF OPERATION
NORTH ZONE
EAST ZONE
Bihar
Orissa
Jharkhand
West Bengal
WEST ZONE
Rajasthan
Gujarat
Goa
Maharashtra
SOUTH ZONE
Andhra Pradesh
Karnataka
Kerala
Tamil Nadu
INFRASTRUCTURE FACILITIES
The Royal Enfield has the good infrastructure facility once compare to its competitors
infrastructure. And the most important thing is that is the friendly to all employees.
SUZUKI
HONDA
YAMAHA
BAJAJ
KAVASAKI
MAHINDAR MOTORS
LML
SWOT ANALYSIS
STRENGTHS
1. Imperial Enfield has the solid brand name in the market.
WEAKNESSSE
1 The bicycle has substantial weight that can be issue for the clients.
2. Mileage of these bicycles isn't great with contrasting with the other.
OPPORTUNITIES
1. The Indian to wheeler showcase has the most developing business sector.
2. Imperial Enfield could build interest for new models and deals.
THREATS
The Honda and Hero MotoCorpis the expansive contenders.
• Royal Enfield organization has created there generation limit from 4000 units to 6000
units.
• The organization gets ready for making 150000 units for the principal stage in the up and
coming 5-7 years
• The Royal Enfield organization has presenting the new diesel motor bicycle and it has the
fuel productivity around 80 Kmpl.
• Royal Enfield presenting the new bicycle of 500cc this bicycle has part of interest in the
global market and in Indi
Financial statement
To enhance consumer loyalty, you must be more learned about the objective clients you need
to serve and the market you need to enter. ...
•It is not unexpected to find that market pioneers vary from what remains of their industry in
which they have established programs to listen to the customer's voice and achieve consumer
loyalty. In these organizations:
• Representatives and marketing offers are fundamentally responsible for planning (with
customer participation) projects to review consumer loyalty, surveys, and center meetings.
• Customer compliance is consolidated at the vital focal point of the organization through the
purpose statement.
• The payment of the interested parties is organized directly for consumer loyalty by
examining the program.
• A concentrated effort is made to relate the results of consumer loyalty estimation with
inward process measures.
• To be fruitful, organizations require consumer loyalty that reviews the structure that meets
the criteria that accompany it:
POINTS OF INTEREST OF CONSUMER LOYALTY
1. Repeat buy
3. Reliability in emergency
4.Informal exchange
7.Corporate execution
By checking consumer loyalty and reacting to issues, you can enhance client dependability
and ensure income and benefit.
• Fee back.
• Listening
• Understanding
• Priorities.
• Retention.
• Progress.
• Transactional fulfillment
• Relational fulfillment
20
LITERETURE REVIEW:
The analyst changes in the after buy generation observation for the merchandise bought. The
discernment is considered in a cross-sectional and longitudinal investigation of bicycle
proprietor. A large portion of the clients with high item cooperation demonstrate the colossal
recognition with looking at the low interest customers.
The examination serves to the post appropriation convictions on the desire affirmation show
for the propelling innovation. What's more, the data innovation is creating step by step with
new innovation reception.
The post utilization recognition is influencing impact on the contribution of solid wares to
buy. Commitment and discernment variable were ascertained in cross-sectional and a
longitudinal report about the bicycle clients the view of the exorbitant bicycles utilizes
demonstrate marginally preferred recognition among their bicycle over low commitment
clients over the term of possession.
REDDY ROY :
This paper offers survey results based on Consumers of Two-Wheeled vehicles (followed by
100 users of two-wheelers from rural and urban) in the district of bidar. The sample size is
relevantly small, yet the research brings showed some interesting observations related to
general attitude meant for Indian Consumers for making the decisions for buying, being
widely implied over many consumer based products.
SARAVANAN ET AL :
This research is trying to derive consumer behavior in reference to showroom service meant
for two wheelers. A sample size of 100 users gets selected on a random basis. The research
followed standardized questionnaires for the collection of data. According to the results, users
differ in reference to the behavior of the consumer behavior meant towards the services as
offered by the showrooms of two wheelers attained through satisfied mode of random
sampling.
"The Consumer direct is the decision strategy and physical development which the general
population partake in surveying, getting, using or disposing of stock and adventures".In his
investigation, Keon (1984) laid accentuation on publicizing, brand picture and conduct of the
shopper. The promoting appeared to stay powerful over current brands.As per Wood and
Wilson (1985) consumer awareness for a determined brands as well as ads of brands are
subject to affect the consumer’s intention to buy and his behavior. As per a survey led by
Bajaj (1986) pattern of growth related to the industry of two-wheeler is very much consumer-
centric.
ASHOK KUMAR MISHRA 2014
customer satisfaction is critical for any business whether it dead late man dad ministry
action on the ground that if the client is fulfilled then they influence there has to buy and tell
their individual connection their companions.
In this examination the primary point of he create or is to know the impression of the
customer towards the service quality gave by the association.
Chapter3
Research Design
STATEMENT OF THE PROBLEM
Consumer loyalty assumes a critical part in empowering an association to change and create
with clients. Keeping the current client fought is for the most part considerably simpler, takes
less time and includes les cost. The purpose behind this is it requires greater investment to
discover new planned client. In this setting study is led with exceptional reference to
consumer loyalty. An organization can procure more benefits just when it has solid client
mind towards item and administrations offered by the organization. So to have solid client are
it needs to give an aggressive cost assist advertisement publicizing to increment..
NEED OF STUDY:
Traditions is one for whom you fulfill a Will or need consequently hr some of paymentl. The
installment might be cash. might be time, or may he altruism however there is sort: type of
installment. Fulfillment is the level of individual felt state by commas item: saw in
connection to the individual's understanding.
The level of compliance is the capacity of the extraordinary): between the execution of the
saw all the wishes. In case the execution loses the mark of the wishes. The customer is not
satisfied. If the execution coordinates the wishes, client is extremely satisfied. If the
performance of the feet is beyond your desire, the client is excited.
Client' fulfillment is client positive or negative feeling about the esteem that was seen
because of utilizing specific associations offering in particular utilized response to a
progression of utilization Situation encounter. As per dwindle F. Ducker. the reason for
business is to make and after that hold I wished client. A general public backings hotness
since they serve it: part's by entering to their necessities and level them Satisfied. On the off
chance that the business disappointed its client's ltd not just these clients slop howling
administration .cottage society everywhere will denounce. the firm and may even punish it to
the point of its termination.
To know customer satisfaction towards on Royal Enfield Bike after sales service
This survey helps to know the customers perception about the sales service of the
Royal Enfield.
The study helps that to collect the information about customer’s feedback or opinion
of the Royal Enfield.
The study covers the customers of Royal Enfield inBidar.
The study helps to the company to examine the level of customer satisfaction.
The study assists the business to develop their promotional activity
Sample size : 50
HYPOTHESES:
Chi square test:
Chi squared
X2 = Σ [(O-E) 2 / E
∑: is the sum
X2=∑[(0-E)2/E]
=29.59
Table no 3:
DATA ANALYSIS:
The above study of customer satisfaction data found the negative attitude of the chi square
test through customer satisfaction regarding washing machine show the rejected null.
LIMITATION OF THE PROBLEM:
□.This exploration is topographically restricted just to the city of Bidar. In this
manner, the outcome can not be extrapolated to different spots..□ Consideration is
limited only to the resolute division of the bicycle compony.
□ The measurement sample was limited to 75 respondents who took into account the
required time and costs.
□ The results depend on the general description of the test. The data performed by
the interviewees could be genuine in light of the fact that some interviewees can not
joke. However, the total sum of the conceivable was made to collect data in the most
conservative manner.
□ All request in the request are not hide or encouraged. Thusly, there is a cleaner for
the respondents to be uneven or powerful. .
CHAPTER SCHEME:
30
Chapter 4
35
30
25
20
15
10
0
20 -24 25 -29 30 -34 above
35
ANALYSIS
the table above, obviously 40% of respondents are somewhere in the range of 20 and 24 years
of age. 26% somewhere in the range of 25 and 29, 18% somewhere in the range of 30 and 34
and just 16% are more than 35 years of age.
INTERPRETATION
For no good reason, the predominant bits of the respondents are in the territory of 20 and 29
years. From this we can close increasingly young and respectably matured people are
progressively enchanted by Royal Enfield could be established in transit this is the spot they
start to get.
Table 2:Table appearing respondent profile dependent on Gender ?
70
60
50
40
30
20
10
0
Male Female
ANALYSIS
From the previous table, no doubt, 92% of respondents were interviewed men and women
who made up only 8% of global reactions.
INTERPRETATION
Unequivocally by far most of Royal Enfield's clients are for the most part young men in light
of the manly part of the bicycles.
\
Table no 3: indicating the control of the Respondent?
35
30
25
20
15
10
5
0
Student Government Ex-servicemen ProfessionalSelf-
employed
ANALYSIS
From the table above, unquestionably 44% of respondents were substitutes who hunt down
after graduation or graduation and 28% were specialists. 18 "of the respondents were utilized
self-rulingly: 4% were past recipients and 6% had a spot with local driven affiliations.
INTERPRETATION
Without a doubt clients are commonly Professional people. 20-35 years old are including two
or three understudies in light of the looks and imperativeness of the bicycle.
Table no.4 :Table appearing yearly salary gathering of respondents?
40
35
30
25
20
15
10
5
0
Less than 1,20,001-3,60,00 3,60,001-7,20,00Above 7,20,000
1,20,000
ANALYSIS:
From the table above, obviously 52% of respondents have a yearly pay of under
1.20.000, 18% have a pay somewhere in the range of 3.60.001 and 7.200, 16% have
accomplished more than 720.000 every year and 4% of income somewhere in the range of
12,000] and 3.60,000.
Table no.5 Which model of Royal Enfield do you by and by possess?
40
35
30
25
20
15
10
5
0
Bullet classic500/350Bullet Electra Others
ANALYSIS :
From the above indisputably 14°.» of the respondents have Bullet 500, 10% of them
guarantee Thunder 81rd. 20°» of them guarantee Bullet Electra. 8% of them guarantee
Machismo 500. 2|".of them have Bullet 350 and 23°» of them guarantee Classic
INTERPRETATION :
It plainly demonstrates that clients are not Amsted to just a single specific model
because of the variations accessible and in light of the factthat the Classic 500/350 models are
recently downloaded, moved quickly to this point
TABLE No.6How did u purchase the bikes?
60
50
40
30
20
10
Cas Loa
h n
ANALYSIS :
From the table it obviously demonstrates that the eventual outcomes of Royal Enfield are in
the classy regard expand. as should be certain that getting system for the 72% respondents are
driving in the CASH segment and 28% utilizing a Visa premise. Clients are set up to pay for
better work environments and advancement and they feel that all bicycles merit: that regard
which Royal Enfield is progressing.
INTERPRETATION:
Unequivocally, customers effectively manage the cost of Royal Enfield bicycles and do not
feel very distressed with the sum.
TABLE NO.7: Did u consider other bicycle while buying the Royal Enfield bike?
50
40
30
20
10
0
Yes
No
ANALYSIS :
From the table it unquestionably shows that 36% of the respondents went consider or checked
for an elective bike and 64% of them didn't think about some other cruiser while getting their
Royal Enfield bicycle.
INTERPRETATION :
Undeniably bigger bit of the clients unequivocally picked Royal Enfield as their bicycle and
dint even watch the closest elective bicycle and this demonstrates the commitment of the
clients towards thae brand Royal Enfield.
Table no.8 Please indicate your wellspring of attention to Royal Enfield while purchasing
your bicycle?
45
40
35
30
25
20
15
10
0
News Magazines Friends Others
papas
ANALYSIS :
• From the above table 39 of respondents are consciousness of news paper .
INTERPRETATION:
It obviously demonstrates that promotions are seldom inspected and are extraordinarily
inadequate among non-Bullet clients. Clearly, Royal Enfield should concentrate on its limited
time exertion to achieve clients.
Table no.9 :It would be ideal if you indicate your bicycle's mileage?
30
25
20
15
10
0
45km /lit 40-45 35-40 Below30
&above
ANALYSIS:
• Of the total table, 26 of the respondents are 35-40 indicate the mileage of their bicycle.
• Among over 18 respondents aged under 30, indicate the mileage of your bike
INTERPRETATION:
Clearly, it demonstrates that the mileage of the Royal Enfield bikes is moderate and the
mileage in the region of 35 and 40 even on the streets of India with considerable movement is
an unprecedented game plan.
40
Table no. 10. Which place did you incline toward no buy your' Royal Enfield bicycle?
60
50
40
30
20
10
ANALYSIS
• From the table above to exhibit that 48 of the respondents are showroom to buy their
'Distinguished Enfield bicycle'
• From the table above, it demonstrates that the 22 respondents purchase second-hand Direct
bicycles
INTERPRETATION
• On the table to show that the most extreme interviewees are Showrooms, buy your Royal
Enfield bicycle
• And less than the interviewees are buying a direct second-hand bike
Table no.11 How about the availability of spare parts?
60
50
40
30
20
10
ANALYSIS
• From tahe table above to demonstrate that 48 of the respondents are showrooms to
purchase their 'Regal Enfield bike'
• The table above shows that the 22 respondents buy second-hand bikes directly
INTERPRETATION
• On the table to show that the most extreme interviewees are Showrooms, buy your
Royal Enfield bicycle
• And less than what respondents are buying a second-hand direct bicycle
TABLE NO.12. What number of stars will u rate for your satisfaction level
concerning power and get of yarn Royal Enfield bike?
50
40
30
20
10
0
Poo Averag Goo Excellen
r e d t
ANALYSIS
• from the above table demonstrates that 20 of respondents are Good given rate for your
fulfillment level regarding force and get of yarn Royal Enfield bicycle
• from the above table to demonstrate the 43 of respondents are offered phenomenal to
Royal Enfield bicycle
INTERPRETATION
• Above the diagram demonstrates that most extreme respondents are happy with
amazing.
• And other least respondents are happy with great towards power and get.
Table no 13. . What number of stars will u rate for your fulfillment level concerning power
and get of yarn Royal Enfield bicycle?
25
20
15
10
ANALYSIS:
• From the above table to demonstrate the 23 of respondents High support real
hindrance for not buying illustrious Enfield bicycles by non shot riders .
• And the others 18 of respondents Poor after deals administration real boundary for not
obtaining regal Enfield bicycles by non projectile riders.
INTERPRETATION :
• Above the diagram to demonstrates the limit of respondents High support
significant boundary for anot buying regal Enfield bicycles by non shot riders .
Table No 14: What's more, others least of respondents are Noisy vehicle significant
obstruction for not obtaining imperial Enfield bicycles by non projectile riders
40
35
30
25
20
15
10
0
Showroo Well known Nearby Self
m bullet mechanic garage service
DATA ANALYSIS
The above table 34 of respondents to shows the Showroomservice your royal Enfield bike.
And the above the table 29 of respondents 29Well known bullet mechanic bike sevice.
INTERPRETATION :
The above graph maximum of respondents service made in Showroom
yes
no
DATA ANALYSIS:
Over the table 62 of respondents concur that organization makes a move towards the
grievances held up by clients.
INTERPRETATION:
Breaking point of respondents agree that association makes a move towards the dissents held
up by customers.
Least of respondents no respondents agree that association makes a move towards the
dissents held up by customers.
CHAPTER 5
FINDINGS, SUGGESTIONS
AND
CONCLUSION
FINDINGS:
It turns out that most of clients are somewhere in the range of 20 and 29 years of age.
From this we can close more youthful ages and the Middle Ages is more charmed by
Royal Enfield who can be perplexing here is the place they begin to get themselves.
It is sure that most by a wide margin of Royal Enfield's customers are men
dominatingly for the male piece of bikes.Users are for the most part experts. 20 ~ 35
years, including a few substitutes because of the appearance and vitality of the bike.
Royal Enfield is putting his articles on the right execution of the esteem. As the all
inclusive community of this installment dimension of under 120,000 can manage the
expense of this bike absent much exertion.
Customers effectively manage the cost of Royal Enfield bicycles and do not feel
much of a problem with the amount and method of acquisition for a large portion of
customers who drive in the real money area.
Most customers chose Royal Enfield as their bicycle and Clint also observed the
nearest elective bicycle, which demonstrates the reliability of customers to the Royal
Enfield brand.
SUGGESTIONSS :
Aggressive offering The Company ought to take after a forceful offering idea. A non-
forceful offering idea which is obviously unmistakable in its publicizing effort which
does not hit on the client rather plans to give data in an unobtrusive way.
□ Promotional battle The Royal Enfield progressions seal on electronic and print media
are completely pulled once more from the Indian culture and perspective. An Indian
purchaser self-governing of their remuneration level has a sat? Comer for conventions
and culture of India Hence. all affiliations including market pioneers like Hero Honda and
Bajaj gain by this lead of clients and format their notice battles remembering India.
□ weak follow up from sellers it was found amidst the examination that royal enfield
was feeble in compensating for wasting time with imminent clients.
□ measures ought to be taken to redesign its business showrooms are little in check and
don't mirror the quality and size of Royal Enfield in the market.
□ should improve the alter deals advantage in the midst of the layout it w found that
Royal Enfield isn't fulfilling the majority of their clients in after game plans organizations.
Representatives at vendor a portion of the time use ruthless words and advancement toward
getting to be.
CONCLUSION:
The examination helped Royal Enfield sellers comprehend if clients are fulfilled or
not. If not, what is the primary clarification behind the client's failure towards the broker and
what are the strategies to improve the dimension of client consistence with the merchant?
We can close the youthful age and middle age is increasingly motivated by Royal
Enfield. buying conduct is fantastically directed by the necessity of intensity and regard for
the popular brand and clients are normally proficient men, matured 20 to 35, including a few
substitutes. An expansive number of clients get to the as of late downloaded 350/500 great,
what's more, clients adequately deal with the expense of Royal Enfield bikes and clients are
incredibly faithful to the Royal Enfield brand.
Majestic Enfield must concentrate on its promoting endeavors to achieve clients, the
mileage of Royal Enfield bikes is incredibly down to earth and by far most of them like to
purchase their bicycle simply expelled from the showroom with extra parts open in the
window without exertion.
Imperial Enfield has a high level of customer satisfaction for its energy. get,
consolation. Security and with subsequent benefits.
Of course, Royal Enfield examines the groups recruited by their customers in their
normal locations to maintain their image, and the Royal Enfield owner is thrilled by Royal
Enfield fans.
50
Questionnaire:
I am NAGESH senior understudy of the MBA to the administration of montage This data
is important to effectively total my task An examination on consumer loyalty towards Royal
Enfield Bidar bikes. I request that you be sufficiently thoughtful to invest a portion of your
energy and complete the survey underneath. Much obliged to you
First name:
1. Age
2. Sex:
A. Man ( ) B. Woman ()
3. Employment:
c. Professional () d. Others ()
4. Annual Income:
7.Did u consider other bike while securing the Royal Enfield bicycle?
a. Indeed ( ) b. No ()
8. It would be ideal if you indicate your wellspring of attention to Royal Enfield while
c. Companions () d. Others ( )
c. 35-40 () d. Below30( )
10. Which put did you lean toward no buy your' Royal Enfield bicycle?
13.What number of stars will u rate for your fulfillment level regarding control and get of
yarn Royal Enfield bicycle?
A Poor ( ) b. Normal ( )
c. Great ( ) d. Superb ( )
15) What number of stars will u rate yours fulfillment level as for after deals administrations
of illustrious Enfield bicycle ?
a. poor ( ) b. average ()
c. good ( ) d. excellent ( )
17. what do you believe is the real boundary for not obtaining regal Enfield bicycles by non
slug riders ?
s18. Do you concur that company makes a move towards the grievances held up by the
clients?
a. yes () b. no ()
19) Suggestion.
BIBLIOGRAPHY
Text books:
WEBSITE:
1. www.royalenfield.com
2. www.google.coms