Professional Documents
Culture Documents
1 INTRODUCTION:
Customer Satisfaction is the buzzword used by the business people for the
success of organization in the present days. Due to the increases of heavy
competition in every product – line it become difficult for the companies to retain
the customers for longer time. So retain the customer for longer time the marketer has
to do only one things i.e. customer satisfaction .If customer is fully satisfied by the
product it not only rub the organization successfully but also fetch many benefits
for the company . They are less process sensitive and they remain customer for a
longer period. They buy addition products overtimes as the company introduce
related produce related products or improved, so customer satisfactions is gaining
a lot of importance in the present day. Every company is conducting survey on
customer satisfaction level on their products. To make the products up to the
satisfaction level of customers.
This project is also done to know the customers satisfaction on the Mahindra
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and Mahindra Automobiles. The impact of automobile industry on the rest of the
economy has been so pervasive and momentous that is characterized as second
industrial. It played a vital role in helping the nation to produce higher value good
and services and in the enhancing their skills and impose tremendous demand for
automobile, lot of car manufacturers company facing cut throat competition in the
fields of technology and price.
1. Service of quality
4. The way the service handled any problem with friendliness of staff
5. Speed of enquiries
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STATEMENT OF THE PROBLEM
This Project has been titled “A study on customer satisfaction towards Mahindra Four
Wheelers in Minerva Automobiles, Bolangir."
To study the market of Mahindra Automobiles the consumer response to the bike and
needed improvement area. The study would help to understand the consumer
1.2 OBJECTIVES:-
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1.3 SCOPE OF THE STUDY:-
The scope is very limited, because attitude & expectations of the people
change according to the time & situation.
This sample size is limited, so as to give the accurate information regarding
customer satisfaction.
The study is restricted to Bolangir city only and that to among 100
respondents. Consistency was lacking with regard to the information given by
few customers. The study is restricted to the certain area, so it could not give
whole picture.
1.4 LIMITATIONS:-
2. Since the study involved in gathering information was from upper to higher-middle
3. Even though utmost care has been taken in conducting the survey, the findings may
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1.5 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.
Method of data
collection
Data Collection is an important aspect of any type of research study. Inaccurate data
collection can impact the results of a study and ultimately lead to invalid results. For
the above objectives, quantitative methods were used. Interviews were studied for
the employees and structured Questionnaires were given to them. Then the data was
analyzed and interpreted in the form of tabulation and charts.
There are two types of data collection methods used:
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Primary data collected in this project is using the interview and questionnaire .
Secondary data used in this project is records of Human Resource Department for the
service file of the separating staffs, various HR Journals, projects and research papers of
different scholars both national and international. We have taken the sample size of 100,
which cannot determine the buying behavior of the total population.
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II. INDUSTRY PROFILE:-
The automobile industry has changed the way people live and work. The
earliest of modern cars was manufactured in the year 1895. Shortly the first
appearance of the car followed in India. As the century turned, three cars were
imported in Mumbai (India). Within decade there were total of 1025
cars in the city.
The dawn of automobile actually goes back to 4000 years when the first wheel
was used for transportation in India. In the beginning of 15th century, Portuguese
arrived in China and the interaction of the two cultures led to a variety of new
technologies, including the creation of a wheel that turned under its own power. By
1600s small steam-powered engine models was developed, but it took another
century before a full-sized engine-powered vehicle was created.
Brothers Charles and Frank Duryea introduced the actual horseless carriage
in the year 1893. It was the first internal-combustion motor car of America, and it
was followed by Henry Ford’s first experimental car that same year.
One of the highest-rated early luxury automobiles was the 1909 Rolls-Royce Silver
Ghost that featured a quiet 6-cylinder engine, leather interior, folding windscreens
and hood, and an aluminum body. Chauffeurs usually drove it and emphasis
was on comfort and style rather than speed. During the 1920s, the cars exhibited
design refinements such as balloon tires, pressed-steel wheels, and four-wheel
brakes.
Hyundai will also be unmasking the Verna and a brand new diesel car. General
Motors will be launching a mini and may be a compact car.
Most of the companies have made their intentions clear. Maruti Udyog has set up
the second car plant with a manufacturing capacity of 2.5 lakh units per annum for
an investment of Rs 6,500 Crore ( Rs 3,200 Crore for diesel engines and Rs 2,718
Crore for the car plant itself).
Hyundai and Tata Motors have announced plans for investing a similar amount
over the next 3 years. Hyundai will bring in more than Rs 3,800 Crore to India.
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should come by 2010 since the company is also looking to enter the lucrative small
car segment.
Talking about the commercial vehicle segment, Ashok Leyland and Tata
Motors have each announced well over Rs 1,000 Crore of investment. Mahindra &
Mahindra's joint venture with International Trucks is expected to see an infusion of
at least Rs 500 Crore.
Industry performance in 2008-09. The Indian automotive market managed to stand
up to the vagaries of the economic meltdown to show slightly growth during fiscal
2008-09. Overall vehicle sales at 97.23 lakh grew 0.71 per cent from 96.54 lakh
units in 2007-08.
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 15.51 lakh 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 three-wheeler segment
may grow 5-8 per cent growth while two wheelers may show 3-5 per cent growth
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 7.22 lakh units for 2008-09. Closest rival Hyundai Motor India
sold 2.44 lakh cars, a growth of 13 per cent. Tata Motors’ sales grew 1.3 per cent
at 2.30 lakh units while Mahindra & Mahindra posted 2.5 per cent growth at 1.06
lakh units.
Most premium carmakers saw volumes shrink last fiscal. Toyota Kirloskar
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Motor’s numbers fell 15 per cent to 46,892 units while Ford India’s 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 2.34 lakh units while Ashok Leyland showed 37 per cent
drop at 47,632.
Eicher’s 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.
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III. COMPANY PROFILE
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Over the past few years, the company has taken interest in new industries and in
foreign markets. M&M also has a controlling stake in the REVA Electric Car
Company and acquired South Korea's Ssang Yong Motor Company in 2011. In 2010–11
M&M entered in micro drip irrigation with the takeover of EPC Industries Ltd in
Nashik.
In October 2014, Mahindra and Mahindra acquired a 51% controlling stake in the
Peugeot motorcycle.
In December 2015, Mahindra and Mahindra Ltd and affiliate Tech Mahindra Ltd,
through a special purpose vehicle (SPV), have agreed to buy a 76.06% stake in Italian
car designer Pininfarina SpA, for €25.3 million (around Rs.186.7 crore).
In January 2017, Mahindra and Mahindra Ltd (M&M) acquired a 75.1 equity
stake in Hisarlar Makina Sanayi ve Ticaret Anonim Şirketi (Hisarlar), a farm equipment
company, marking its entry into Turkey. In September 2017 Mahindra and Mahindra
Ltd said it has acquired Erkunt Traktor Sanayii AS, a Turkish tractor maker and its
foundry business for Rs800 crore.
SWOT ANALYSIS:
Strength:
(a) Trust people are having in the brand name Mahindra motors.
(b) Strong relationship with dealers
(c) Number of authorize service station is in good number than that of competitors
(d) Most of the market is credit driven so easy finance provided by Mahindra
motors (Mahindra finance) itself and others is an edge over competitors.
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(e) Stylish when compared to Tata product.
(f) More spacious than Tata product.
(g) Safer than Tata product.
Weaknesses:
(e) Rising cost of raw materials resulting in law margins. Therefore discounts cant be
offered
Opportunities:
Threats:
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Mission
We will challenge conventional thinking and innovatively use all our resources to
drive positive change in the lives of our stake holders and communities across the
world, to enable them to Rise.
Vision
By 2021, we aspire to be among the 50 most admired brands in the world. Our
endeavor therefore is to be recognized as a brand that is innovative, a brand that is
global and a brand that course.
Director
Chairman of Mahindra Group - Anand Mahindra
In April 1997, Anand was appointed as the
Managing Director and then in 2001 as the
Vice Chairman of Mahindra & Mahindra Ltd.
In August 2012, he took on the role of
chairman of the board and managing director
of the Mahindra Group from his uncle,
Keshub Mahindra.
Ananda Mahindra says “We don’t have a group-wide mission statement. Our core
purpose is what makes all of us want to get up and come to work in the morning”
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Product of Mahindra and Maindra
Personal Vehicles
Mahindra NuvoSport
Mahindra Bolero
Mahindra XUV 500
KUVI100 NXT
Mahindra Bolero Powerplus
Scorpio
Mahindra Thar
Mahindra TUV300
Mahindra Verito
Electric Vehicles
e2o plus
eVrito
eSupro
EAlfa Mini
Commrical Vehicles
Imperio
Alfa Passenger
Alfa
BIG Bolero Pik Up
Bolero Pik Up
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Bolero Camper
Bolero Maxi Truck Plus
BLAZO 25
BLAZO 25 Tipper
BLAZO 31
BLAZO 31 8X4 Tipper
Blazo 37 COWL
BLAZO 40 Tip Trailer
Light Commercial
Vehicles
Jayo
Optimo
Buses
DK School Bus
Excelo School Bus
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Awards & Achievements
Innovator of the year- Time India Awards, 2017
8th Best Indian Brand- Interbrand, 2017
Best Company for CSR- The Economic Times
Good Corporate Citizen Award- Economic Times Awards 2017
India’s Best Companies To Work For- Great Place to work Institute, 2017
Among 2000 Powerful companies of the World- Forbes Global
DEALER PROFILE
Minerva Automobiles Pvt. Ltd. is one of the biggest automobile dealer in the state of
Odisha for Mahindra four Wheelers.
Authorized Dealer for Full Range of Personal and Commercial three wheeler &
four wheeler vehicles of Mahindra & Mahindra. Area of operation - Balangir, Sonepur,
Nuapada & Kalahandi.
Minerva Automobiles started its journey in 15th November 2013 with Minerva Sales &
Service show room at Nh-26,Sambalpur Road, Madhiapali, Opp. Garden Inn Restaurant,
Besides Maruti Sho, Balangir, Odisha. Now the company is having a chain of Mahindra
Sales & Service set-up at different places in Odisha starting from Bolangir and then at
Sonepur, Nuapada, Kalahandi.
At Minerva Automobiles, our principal focus is to exceed the needs of every customer.
With an eye for detail and in-debt knowledge of after-sales service, we are now a highly
regarded
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We are devoted to ensure our customers’ the most comprehensive service experience at
all times. Our well-trained team of specialists assures you leave satisfied after every
visit.
As always, we are happy to answer all your queries. Do get in touch with your concerns
or suggestions.
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Promotional Activities by Minerva Automobiles:
Test Driving
Free Driving
Hoarding
Discounts
Gift Schemes
Free Services
Mileage Contents
Promotional expenses have been borne by both Mahindra Automobiles and M&M,
shares in advertisement cost.
Service Offered:
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4. DATA ANALYSIS AND INTEPRETATION
Data Collection
Data Interpretation
The data Collection from each and every user is analyzed and interpreted
individually then compared together and presented in the form of tables and charts. In
each table the total respondents for particular questions predicted among them. The
alternative answer were for the particular questions are traced. The high percentage of
the answer is taken has correct answer then the data for that answer has been analyzed.
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1) Do you own a Mahindra & Mahindra vehicle?
Table No. 1
Yes No
82% 18%
Graph: 1
18%
82%
Yes no
Interpretation 1:
The sample drawn on probability basis shows that 82% of the customers
owned a Mahindra & Mahindra whereas only 18% didn’t owned.
Observation:
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2) Showing the Factors affecting customer satisfaction towards Mahindra &
Mahindra
Table No: 2
Factor No. of Respondent Percentage
Features 18 12%
Low Maintenance 51 34%
Comfort 27 18%
Style 24 16%
After Sales Service 30 20%
Graph: 2
No. of Respondent
Features
Low Maintenance
18
30
Comfort
24 51
Style
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Interpretation 2: The sample drawn on the probability basis clearly shows that
34% are the opinion that low maintenance is the satisfaction factor Bolero and
20 % of them who view after Sales Service as a vital factor for customer
satisfaction. Followed by Comfort which corresponds to 18 %, Style with 16%
and only 12% of them view that feature of Bolero as satisfaction factor.
Observation: Majority of the respondent are of the idea that low maintenance
of the top most feature contributing to customer satisfaction followed by after
sales services comfort style and features. As such, Mahindra should focus on the
aspects, which will enhance the customer satisfaction and thus the market share.
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3) Showing the Customer opinions towards fuel consumption.
Table- 3
Factor Percentage
Extremely Satisfied 32%
Satisfied 46%
Neutral 15%
Dissatisfied 7%
Total 100%
Graph: 3
Percentage
Extremely Satisfied
7%
Satisfied
25%
15%
Neutral
46%
Dissatisfied
Table No: 4
Factor Percentage
Extremely Satisfied 23%
Satisfied 47%
Neither Satisfied & Dissatisfied 20%
Dissatisfied 10%
Total 100%
Graph: 4
Opinion
10%
23%
20%
47%
Observation: As majority of the respondents are satisfied with the safety and
comfort feature of Mahindra Bolero, the company should maintain the same
standard and it is suggested to come up with suitable measure to reduce the
negative opinion among the consumer who are of the opinion that the fuel
consumption is a dissatisfying factor.
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5) Showing the source of Customer opinions toward Design.
Table No: 5
Factor Percentage
Extremely Satisfied 25%
Satisfied 40%
Neutral 25%
Dissatisfied 10%
Total 100%
Graph: 5
Opinion
10%
25%
25%
40%
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6) showing the source of information about Mahindra & Mahindra
Table- 6
Television ads 32
Roadside Boarding’s 12
Others 11
Total 100
Graph- 6
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Newspaper Ads
12
45 Television Ads
RoadSide Boardings
Others
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Interpretation
From the above table it is inferred that people are getting information about Mahindra
four wheelers from news paper ads, more than 45% of people are watching newspaper
ads. Roadside Boarding & television ads are less in performance; other sources contain
motor shows, internet ads.
Observation
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As majority of the respondents are know about Mahidra from News paper Ads.
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Table - 7 showing the area that Customer demanding to improve in service
Table- 7
No. Of
Area
Respondents in %
Service in time 35
Reliable service 20
Well trained
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mechanics
less labor charge 22
TOTAL 100
Graph: 7
Interpretation 7:
From the above table it is observed that, what is customer need that Mahindra wants to
improve, 35% need improvement in service in time, 20% in reliable service, and 23%
need well trained mechanics, 22% less labor charge.
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8) Showing the Customer perceptions about Mahindra & Mahindra
Table No: 8
Graph: 8
Opinion
12% 0
20%
21%
47%
Interpretation 8: The sample drawn on the probability basis shows that out of
100% of respondents 47% of the respondents gave Good response. 20% gave
Very Good response, 21% gave Average response and 12% gave bad response
but none in the negative.
Observation: As 67% of the respondents are satisfied that they are happy with
Mahindra & Mahindra, it satisfies that the customer satisfaction levels are very
high. If the company were to identify the pitfalls in their product and undertake
remedial measure, thus it will lead to more good word of mouth publicity.
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5.1 SUMMARY OF FINDINGS:-
Based on the data gathered by administrating schedules to customers
the following observations are made.
Most of the people are satisfied with its low maintenance cost and after sales
service provided by Mahindra & Mahindra.
Based on the fuel consumption, most of the people are satisfied with it.
Large numbers of users are aware of its many Features like power steering.
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5.2 RECOMMENDATION:-
The company can for the undertake R&D to improve the existing feature
which field help increase in the customer satisfaction
.
The company should promote about the entire feature offered by it.
As majority of the customer give opinion that they are satisfied is the
factor, services and design of the product of the company should taken not
only maintain the existing standard but also enhance them.
As majority of the respondents are satisfied with the safety and comfort
feature of Mahindra, the company should maintain the same standard and it
is suggested to come up with suitable measure to reduce the negative
opinion among the consumer who are of the opinion that the fuel
consumption is a dissatisfying factor.
Majority of the respondents are satisfied with the safety and comfort
feature of Mahindra XUV 500, the company should maintain the same
standard and it is suggested to come up with suitable measure to reduce the
negative opinion among the consumer who are of the opinion that the fuel
consumption is a dissatisfying factor.
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As such, Mahindra should focus on the aspects, which will enhance the
customer satisfaction and thus the market share.
Suggestions:-
Based on the data gathered by administrating schedules to customers the following made.
Consumers are satisfied with its low maintenance cost and after sales
service provided by company so they should follow it in other parts of
country as well.
Company should focus on R&D to improve the existing feature which field
help increase in the customer satisfaction and attract potential consumers.
Consumers are to be satisfied on Safety and Comfort, Design, Space,
Maintenance as for today most of the people are affected by it.
Company comes in the preferred companies as features and style satisfy
most of the people needs so company is on the right path.
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5.3 CONCLUSIONS:-
Mahindra and Mahindra Motors has a very good market share in the
Balangir for the SUV segment.
Majority of the customer are satisfied with the design of the vehicle.
Mahindra & Mahindra motors are providing better facilities when compared
with other brands.
As 78% of the respondents are satisfied that they are happy, it satisfies that the
customer satisfaction levels are very high. If the company were to identify the
pitfalls in their product and undertake remedial measure, thus it will lead to
more good word of mouth publicity.
Though majority of the customer are satisfied that the maintenance cost of
Mahindra Vehicles is less, around 10% are not satisfied which may be
because of comparison with the newly launched competing brands coming
with even lower maintenance cost.
As 80% of the respondents are happy with the space availability of the
Mahindra vehicle, it can be conducted that the company has undertaken
proper R&D in this aspect.
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The 20% of the respondents who have answered negatively may be
comparing with the vehicle in the same category launched very recently.
The company can for the undertake R&D to improve the existing feature
which field help increase in the customer satisfaction.
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5.4 BIBLIOGRAPHY:-
Books:
Philip Kotler, Kevin Keller (2009), Marketing Management (Thirteenth Edition)
Berman, Berry and Joel r Evans (Oct- 1997) Retail Management: A strategic approach
Country analysis 1997 “A framework to identify and evaluate the National Business
Environment”
MAGAZINES:
OUTLOOK BUSINESS (FEB, 2014)
WEBSITES:
www.Business world.com
www.Autowold.com
www.Top gear.com
www.Gaddi.com
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5.5 ANNEXURE:-
QUESTIONNAIRE:-
Customer profile
a) Name
b) Occupation
c) Age d) Income
e) Address:-
Yes No
Comfort Style
Neutral Dissatisfied
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Neutral Dissatisfied
6. From where did you get the source of information about Mahindra?
……………………
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RESPONDENTS LIST:-
SL.NO NAMES LOCATION
1 Manisha Sahu Barpali para
2 Kirti Bhoi Barpali para
3 Reni Meher Rugdi Para
4 Honey Meher Rugdi Pada
5 Swati Chandwani Rugdi Para
6 Manas Meher Brahmin Para
7 Samar Sahu Mal Para
8 Swaraj Sahu Mal Para
9 Samrat Sahu Kansari Para
10 Rima padhan Kansari Para
11 Rasmita Padhan Palace Line
12 Amlan Mishra Palace line
13 Litu Bhoi Tikra Para
14 Reena Dehri Tikra para
15 Ayush Kumar Tikra Para
16 Mohitlal Chandwani Tikra para
17 Priya meher Teligoth Para
18 Priyanka Meher Teligoth Para
19 Pragyan Meher Teligoth para
20 Pooja Meher College Chowck
21 Jyoti Meher College Chowkck
22 Ritu Kalta College Chowck
23 Prem Sahu Brahmin Para
24 Happie Sahoo Barpali para
25 J.P Kumar Barpali Pali
26 Anisa Satapathy Tikra Para
27 Nisha Satpathy Tikra Para
28 Manisha Satpathy Tikra para
29 Puspanjali Satpathy Palace Line
30 Rosy meher Brahmin mishra
31 Rajshree Meher Brahmin Para
32 Birbal Meher Tikra para
33 Rajkumar Swain Rugdi para
34 Dhiren Mishra Rugdi para
35 Suni Mishra Barpali Para
36 Liki Bhoi College chowck
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37 Mousumi Bhoi College chowk
38 Padmini Naik Kandhpali pada
39 Lovely Meher Kandhpali para
40 Sonam Mishra Kandhpali para
41 Azit Satpathy Barpali Para
42 Subrat Sahu Talpali Para
43 Sanatkumar Satpathy Talpali Pada
44 Princy Naik Chandrashekhar Nagar
45 Som Barik Chandrashekhar nagar
46 Ninu Meher College Chowk
47 Aahan Mishra Brahmin Para
48 Mitarani Mishra Brahmin para
49 Sumona Mishra Brahmin para
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