SlideShare una empresa de Scribd logo
1 de 42
1
EXECUTIVE SUMMARY
This project was really a challenge for me but I learned a lot while preparing this project
basically SUZUKI MOTORS. This report provides me a chance to study and analyses the
practical aspects of the topic (The Marketing Strategy of Suzuki Motor). It enhanced my
knowledge in the field of marketing. This project also gave me the chance to improve logical
thinking and interacting patterns.
This project high lightens the importance of financial institutions and banks role in Bike selling.
This project also highlights the product promotion during the different bank visit firstly make
aware the bank branch manager about the product. The project deals with the various aspects of
marketing strategy and sales. New marketing strategy mean that creating new market area,
developing the new relation, doing new promotion and advertising is done in relation to the 4 P’s
of marketing that is Product, Price, Place and Promotion. There exist some opportunity in the
marketing activity done by the company in the past. The new marketing strategy of the company
will develop the mutual relation with banks and provide the quick facility the Bike finance to the
customer.
The Extract of the work is presented in this report under various headings as, Introduction,
Company’s Profile, Project Introduction, Methodology, Data analysis, Suggestions and
Conclusions.
While working on the project, I came to know about the latest marketing strategies and trends
prevailing in the market. The way of promoting the products, providing a better convenience of
customer, and developing the new strategic technique to sell the product.
My topic of study is “The Marketing Strategy of Suzuki Motor” compared the Suzuki product
with the other automobile product in the aspects of features, new technology, modern look, cheap
price, luxurious interior design, mileage efficiency during the conducting of event show in entire
area of the city.
2
OBJECTIVE OF THE STUDY
 To know the factor of awareness of the Bikes .
 To Study and analyze the Promotional Strategies.
 To develop the relationship with bankers to make the auto finance easy for customer.
 To know whether the customers are satisfied with the offers given by the dealer.
 To find out satisfaction of the customers.
 To study and analyze the customer's perception regarding the usefulness/utility of Suzuki
Bikes .
3
COMPANY PROFILE
Khatwani Suzuki Pvt Ltd is an authorised dealer of bikes of Suzuki Motors India ltd .It is
situated at Jabalpur. It was established on 4hmarch 2008,, here 13 different types of
products are being sold & are available in different models & variants. It is a private
limited firm authorised under ISO 9001-9002(since last 6 months having certification). It
has its branch at Katni and Shahdol, number of employees working here are more than
300. It provides SSS Sales, Services & spares) facility, another part of Khatwani Suzuki
is True value where second hand vehicles are being purchased and sold off. It also
provides various financing facilities through its collaboration with various financing
companies like SBI Bank, MAGMA fin corp. ltd., ICICI Bank ltd., HDFC Bank ltd.,
Sundram finance, Mahindra & Mahindra financial services, Kotak Mahindra, Shriram
finance etc.
It consists of various departments such as: Sales,, EDP, Accounts, Insurance and
Finance-, EDP department consists of billing, tek..calling. It also has a body shop
where denting and painting work is done, spare parts with accessories is available.
It has also been awarded for the Best Services and Best Showroom, for achieving
the monthly targets some of the employees were rewarded.
NATIONAL ROAD SAFETY MISSION
National Road Safety Mission is the flagship Road Safety initiative introduced by the
Company in December 2008. Under this initiative, the Company took a commitment
of training over 500,000 people in safe driving practices in a span of 3 years. The
Company has successfully met this achievement. Amongst the five lakh people
trained one lakh are from the underprivileged sections of society. The main
objective was to make them employable in driving profession.Through our various
road safety initiatives we have cumulatively trained over 10 lakh people in safe
driving.
4
Manufacturing Excellence
With the merger, SuzukiMotors India Limited will bring its entire diesel engine
capacity under one single management control.
We began our operations in 1983, with the first Maruti 800 rolling out from our
Gurgaon plant. Over the next two decades Suzuki Motors bike models led by
Maruti 800 brought about a revolution in the Indian bike market.
As the automobile market grew so did our production capacities, production
process and infrastructure. Our scale and manufacturing today is completely
different from when it began.
Today, Maruti Suzuki's plants are comparable with the best in the world in terms of
quality, productivity and operational efficiency.
Suzuki MotorsIndia Limited approves merger with Suzuki Powertrain India Limited.
Suzuki Powertrain India Limited, a subsidiary of Suzuki Motor Corporation, Japan,
supplies diesel engines as well as transmissions for vehicles to Suzuki MotorsIndia
Limited.
Recently Suzuki MotorsBoard of Directors approved a proposal to merge Suzuki
Powertrain India Limited (SPIL) with Suzuki MotorsIndia Ltd.
It is expected that the necessary regulatory approvals and legal requirements for
the merger may be completed by end December 2012.
Once the merger is approved, the books of accounts of SPIL will be merged with
MSIL with effect from April 1, 2012.
5
Facilities
SuzukiMotorsIndia has two state-of-the-artmanufacturing
facilities.The Gurgaon facility spread over 300 acres is located
around 25 kms south of Delhi. This facility houses three fully
integrated plants.
KHATWANI SUZUKI AND ROAD SAFETY
Many industry surveys haveshown thatmajority of road
accidents are caused due to driver negligence.
Road safety has become a graveconcern for all. This concern
has driven us to make road safety our priority.
SuzukiMotorsrealizing the need to improve road safety and
minimize accidents took up road safety as its focused CSR
initiative. SuzukiMotorsoperates its Road Safety initiatives at
two levels.
6
NATIONAL ROAD SAFETYMISSION
National Road Safety Mission is the flagship Road Safety initiative
introduced by the Company in December 2008. Under this initiative,
the Company took a commitment of training over 500,000 people in
safe driving practices in a span of 3 years. The Company has
successfully met this achievement. Amongst the five lakh people
trained one lakh are from the underprivileged sections of society. The
main objective was to make them employable in driving profession.
Through our various road safety initiatives we have cumulatively
trained over 10 lakh people in safe driving.
MARUTI GENUINEPARTS
Do you know over 20,000 parts go into making of a single bike? And each of these
parts, whether small or big, is essential to deliver the best performanceof your
bike. That is why; at SuzukiMotors our engineers take utmost bike to ensure
highest quality standards for on each and every individual part of the bike.
But, as weuse the bikes the components undergo wear and tear. With usage
there is a need to check and replace the parts. While replacing a part, it is crucial
7
that the component used is of the highest quality standard, justlike the original
one fitted on the bike.
Use of spurious and non-genuine parts exposes users to various risks. These can
lower the performance of vehicle and even risk the safety of passengers.
To ensure that only the highest quality parts reach your bike even when you need
to replace a worn out part, Suzuki Motors supply company certified parts. . These
genuine parts are of the same quality as the ones that came fitted on the new
bike. These certified parts are known as “Genuine Parts". Precision engineered to
the design and specifications of the specific model. As such these give best
performance and convenience. These MGP help to increase the vehicle life and
offer lowest best cost of ownership.
A hub and spoke distribution system for spare parts ensures availability of Maruti
Genuine Parts to the customers. Through this seamless part supply system, a
chain of MGP distributors or a MGP exclusive Retail Outlets serve the customer
requirement.
SuzukiMotorcycleIndia, PrivateLimited (SMI) is the wholly owned Indian
subsidiary of Suzuki, Japan.itwas the third Suzukiautomotiveventure in India,
after TVS Suzuki(1982-2001) and MarutiSuzuki(1982).In 1982 thejoint-venture
between SuzukiMotor Corporation and TVS Motor Company incorporated and
started production of two wheelar in india. In 2001, after separating ways with
TVS motor company, the company was re entered as SuzukiMotorcycleIndia ,
Private Limited (SMI) in 2006 ,Thecompany has set up a manufacturing facility at
Gurgaon, Haryana having the annual capacity of 5,40,000units.
Motorcycles
8
 Sling shot (Discontinued)
 GS150R ( Discontinued)
 Gixxer
 Gixxer SP
 Gixxer SF
 Gixxer SF SP
 Gixxer SF FI
 Gixxer SF FI ABS
 Hayate EP
Scooter
 Access 125
 Access 125 SE
 Let's
Sports Bikes
 GSX-S1000F ABS
 GSX-S1000 ABS
 GSX-R1000 ABS
 GSX-R1000R ABS
 V-Strom-1000 ABS
 Hayabusa GSX 1300R
 Intruder M1800R
 Intruder M1800R BOSS Edition
ATVs
 Ozark 250
 Quadsport Z400
Scooters
 Suzuki Swish
9
Motorcycles/Sports Bikes
 Suzuki Heat 125
 Suzuki Zeus 125
 Suzuki Hayate 110
 Suzuki Slingshot 125
 Suzuki Slingshot Plus 125
 Suzuki GS150R
 Suzuki Inazuma 250
10
INTRODUCTION TO THE TOPIC
Today’s society is warm with urbanization and demonstration effect. With a view towards it,
there are drastic changes coming up in all sectors even in the automobile Industries. The
following information gives an insight about it.
In the present context the companies operate on the principle of natural selection –
“Survival of The Fittest”. Only those companies will succeed which at best match to the current
environmental imperatives – those who can deliver what people are ready to buy, according to
their convenience.
But real marketing does not involve the art of selling what the manufacturers make.
Organizations gain market leadership by understanding consumer needs and finding solutions
that delight consumers. If customer value and satisfaction are absent, no amount of promotion or
selling can be compensating. Hence the aim of marketing is to build and manage
Profitable Business Relationship
11
This is a part of the strategic marketing done by every company to achieve it objectives and
goals. To maximize the profits and long-term plans every organization has to follow a strategic
planning. Marketing is much more than just an isolated business function – it is a philosophy that
guides the entire organization towards sensing, serving and satisfying consumer needs. The
marketing department cannot accomplish the company’s customer relationship-building goals by
itself. It must partner closely with other departments in the company and with other organization
throughout its entire value – delivery network to provide superior customer value and
satisfaction. Thus marketing calls upon everyone in the organization to “think customer” and to
do all they can to help build and manage profitable customer relationship. Marketing is all around
us, and we need to know that it is not only used by manufacturing companies, wholesaler and
retailers, but also by all kinds of individuals and organizations
There are four major, powerful themes that go to the heart of modern marketing theory
and practice, they are:
1. BUILDING AND MANAGING PORFITABLE CUSTOMER RELATIONSHIPS.
2. BUILDING AND MANAGING STRONG BRANDS.
3. HARNESSING NEW MARKETING TECHNOLOGIES IN THIS DIGITAL AGE.
4. MARKETING IN A SOCIALLY RESPONSIBLE WAY AROUND THE GLOBE.
What marketing is what it does and what it offers?
“Marketing is a social and managerial process whereby individual and groups obtain what they
need and want through creating and exchanging products and value with others.”
“Marketing management is the process of planning and executing the conception, pricing,
promotion and distribution of ideas, goods and services to create exchanges that satisfy
individual and organizational goals.”
“Marketing offers some combination of products, services, information, or experiences offered to
a market to satisfy a need or want” Marketing is an orderly and insightful process for thinking
about and planning for markets. The process starts with researching the market place to
understand its dynamics. The marketer uses research methodologies to identify opportunities,
that is, to find individuals all groups of people with unmet needs or latent interest in some
products or service.
The marketing process consists of the following:
1. Analyzing marketing opportunities.
2. Developing marketing strategies.
3. Planning marketing programs
4. Managing the marketing efforts.
12
Before taking any decision and achieving the goals, it has to make analysis of what to do, how to
do, when to do, where to do and who is to do it. This is nothing but strategic planning. Goals
indicate what a business unit wants to achieve whereas strategy is how to get there.
Marketing strategies in simple terms are the complete and unbeatable plans designed specifically
for attaining the marketing objectives of the firm. Marketing can be called as a game plan for
achieving its goals. Strategy choice will depend on whether the firm or the marketer plays the
following roles:
 Market leader
 A challenger
 A follower
 A niche
The identification of objectives, both in quantitative and qualitative terms, is an essential
backdrop to strategy formulation. Goals have a quality and time frame attached to them. These
are typically spelt out in terms of financial return, market share, market presence, etc. Thus, the
concept of market oriented strategic planning arises with the link between the products the
manufacturer is dealing in and the market conditions. In this direction, our study deals only with
the marketing strategies i.e. promotional strategies of the Suzuki automotives.
MARKETING STRATEGY ADOPTED BY SUZUKI
Suzuki follows the promotions at two levels, they a
1) Promotions of product directly by the manufacturer.
2) Promotions at dealer level.
In the first step the products of vehicles manufactured by the Suzuki Automotives are directly
promoted by the manufacturer by him. He follows many promotional strategies like
1. Advertising through television and newspaper.
2. Internet or interactive marketing.
3. Direct marketing.
In the second step the dealer of the vehicles promotes the vehicles. The various promotional
strategies followed by the Suzuki at dealer are
1. Advertising though news papers, radios, palm plates. In this all the features of the product and
its prices are given in detail to the customer.
2. In televisions the scrolling are given about the product and its features.
3. Promotion by conducting event shows on road side, bank campus, and market fair.
13
4. Hand to hand pamphlet distribution through demo about product in market side.
Hoardings:
A heavy picture of the product which comprises of its attributes and special features are
displayed on the roadsides in the form of hoardings. It is a bit expensive strategy but attracts
many people who pass by that roadside. This type of advertisement is prepared for those
segments of people who cannot afford Suzuki their time in reading newspapers and watching
televisions. While travelling from their home to office, moving on their business activities they
may watch these hoardings. These hoarding are especially setup at the road signal stops.
14
Maintaining Data Bank:
In this the dealer collects personal/bio-data (address and contact number) of many people from
various organizations and different sector who are ready to buy the vehicles and who change the
vehicles regularly. These people are met-in person or contacted through their contact number.
The various new features and new offers regarding the vehicles are advocated to them and are
given discounts on group purchase of vehicles, i.e. if 5 or more friends in the group purchase the
Bikes at a time then they are given special discounts on the vehicles.
Free Insurance:
The Suzuki gives a special offer of free insurance on the purchase of each
Vehicle to its new customers
Relationship Marketing:
Suzuki pays a special attention towards its old customers. To retain the old and existing
customers it conducts a corporate meet at a luxurious hotel. The study aims at knowing the
problems of the customers regarding the vehicles and also service feedback. In this way it
maintains an effective relationship with the customers and gains the reputation and goodwill in
the minds of the customers.
Sales Promotion:
The sales promotion is done in the Suzuki at three levels:
1. Showroom sales: In this the customers walk in to the showrooms to know about the details of
the product. Specially trained sales executives who are present in the showrooms give a detailed
explanation about the product to the customers. Sales executives give a detailed note on the
products features, various offers given by the manufacturer and also by the dealer to the customer
and enhance the sales of the vehicles.
2. Corporate sales: A special team of sales executives are sent to some big corporate
sectors and there they personally meet the heads of the organizations like C.E.O’s, Managers etc.,
and explain about the vehicles and the offers and special schemes provided by the dealer to them
on bulk purchase of the vehicles and try to promote the sales of the vehicles.
3. Field sales: The sales executives conduct some events with the corporate working people and
try to demonstrate the product features and its benefits and try to promote the product and
increase its sales.
CONDUCTING CUSTOMER DELIGHT PROGRAME:
15
This is a unique program conducted by Suzuki. This is a program conducted to retain the old
customers of the Suzuki. The old customers of the Suzuki are meeting personally and they are
requested to give their feedback by filling in the questionnaire which is specially prepared for
them. In this questionnaire their problems regarding the vehicle and also their post sale service
experience are taken. If there exists any problem, then the Suzuki service men try to resolve the
problems of their customers as soon as possible and makes the customer satisfied. This is a
technique to attract the new customers by satisfying the old customers and gaining goodwill in
the market.
STRATEGIC SALES STANDARDS:
Suzuki maintains strategic sales standards in the following manner:-
 The Sales faculty is clean, tidy and inviting, making customer’s comfortable while
purchasing products and availing services.
 Customers are courteously acknowledged within two minutes of their arrival and are
advised that a Sales Consultant will be available upon request.
 The Sales Consultant’s appearance and dress will be of the highest standards.
 An advisory relationship is established between the customer and the Sales Consultant
who listens to the customer, identifies their needs and ensures that they are met.
 A pleasant, non-pressured purchase experience will be provided during which a thorough
demonstration of the vehicle features and benefits will be made.
 A test drive will be offered to all customers.
 Using a check list, the Sales Consultant delivers the vehicle in perfect condition when
promised.
 Customers will be contacted within one week after delivery to ensure total satisfaction.
MAINTAINING SERVICE STANDARDS:
 An efficient service facility allows a customer to avail all the service provided by
Suzuki, in a clean and welcoming environment.
 An appointment is available within 5 working days of the customer’s request.
 Customers are courteously acknowledged within two minutes of their arrival and the
write-up will begin with five minutes.
 Service needs are courteously identified, accurately recorded on the repair order and
verified with the customer.
 The vehicle is serviced right on the first visit.
16
 The vehicle is ready on the agreed upon time.
 A through explanation of work done, warranty coverage and charges is given to the
customer.
 All service repair work will be followed up within five working days.
 Each vehicle will be washed before being returned to the customer.
17
LITERATURE REVIEW
Stermer, Bill (2006). Streetbikes: Everything You Need to Know. MotorB ooks/MBI Publishing
Company. p. 10. ISBN 0760323623, 9780760323625.The book provide detailed information
about the bikes, its types, manufacturing companies, modern technology, different models of
bikes which suit the requirement of every age group.
Dr. C.B.Mamoria, R.L.Joshi and Dr. M.I.Mulla. 2005. Publisher – Kitab Mahal. ‘Principles and
Practice of Marketing In India’, ISBN 81-225- 0079-X. The book is very useful to understand the
concept of Marketing System and Marketing Mix. The book provides extensive information
about the marketing of consumer products, Industrial goods and agricultural goods. It also throws
light on the theme Market Segmentation, Consumer Behaviour and Product Planning and
Development. It also explains the concept of Service Marketing, Pricing Policies and Strategies.
Prof Kolter, Prof Kella, Prof Koshy & Prof Jha Marketing Management. The reference book is a
milestone for the students of marketing. The book elaborates various techniques of effective
marketing and the various aspects concerned with the marketing policies. It also contains case
studies about marketing.
Best Bikes’ – a research paper by Darius Lam published in ‘Autocar’ May 2003 edition. The
research paper consists of the most comprehensive study on ‘Total Customer Satisfaction in the
Indian Motorcycle Sector’. The study was undertaken to find out how happy the owners really
are with their bikes. Another objective of the study was to provide two wheeler manufacturers
with actionable information to improve their products, services and brand image for their
customers. The study has reflected the views of over 5400 two wheeler owners in regards to their
overall ownership experience.
Wood (2001) mention that consumers may feel that they are doing something good for
society without it costing them any additional cost when they buy a product linked to a cause.
Customers purchase at their discretion and essentially donate on more than one occasion through
the continued use of a certain product. Furthermore, earned-income generating activities are
viewed as more reliable funding sources than donations and grants (Dees, 1998). According to
Dees (1998) self-funding is the new mantra since dependency on individual donors is now being
seen as a weakness (Dees, 1998).
18
Firms that participate in cause-related marketing programs increase their product sales,
service offerings and revenue. This is because firms are able to differentiate their products. A
study of the literature finds a clear consensus among corporate executives that they use cause-
related marketing because it increases a company’s profits. A writer in Incentive states, “‘worthy
causes benefit from such campaigns, but make no mistake about it: Cause-related marketing is
first and foremost a marketing program. CRM is separate from the many purely philanthropic
projects that companies often undertake’” (Wagner and Thompson, 1994). General Foods, for
example, pledged to contribute 10 cents for every Tang cents-off coupon redeemed during a
specified period, up to a maximum of Rs.100,000. The redemption rate was above the 4 percent
average for coupons in general and a 13 percent positive movement of the brand was tracked
(Varadarajan, and Menon, 1988). Polonsky and Wood (2001) suggest that because company
donations are directly triggered by sales, it is easier to calculate the return from cause-related
marketing programs. Furthermore, as with nonprofits, for-profit organizations can receive
additional publicity from CRM programs, which would increase the sales and use of their
product.
One such cause-related partnership that illustrates the success of the firm is that between
VISA USA and Reading is Fundamental (RIF). Visa USA runs a cause-related marketing
program aimed at literacy in partnership with RIF. Adkins (1999) claims that Visa carried out
cardholder research that identified that over 70 percent of cardholders felt reading was important,
and if Visa supported such a card they would increase their Visa card usage. Each time the Visa
card is used, a donation is made to Reading is Fundamental. The minimum guaranteed donation
was Rs.1 million, with additional funding if Visa’s volume goal was achieved. The campaign has
been supported by TV advertising, local radio, shopping mall media and has had a Rs.20 million
advertising budget with more than Rs.4 million in co-operative merchant marketing. This
program had significant impact on the Visa brand image with an increase of 7 percent and an all-
time high of 62 percent for Best Overall Card in Visa’s on-going image tracking study.. In
November 1997, sales volume was up 16.9 percent over 1996 and transaction volumes were up
18.9 percent. In 1997, 20 percent consumer awareness of the promotion was achieved, an
increase of over 82 percent on 1996, and 64 percent of those aware of the promotion perceived
value from it (Adkins, 1999).
19
RESEARCH METHODOLOGY
RESEARCH DESIGN
The project was designed to be a Descriptive Research, because the study required an in depth.
Look into the Motorcycle market, its structure and Status
DATA COLLECTION
The basis of this project is the information collected through Secondary data. In order to get the
view of those related in this market, some dealers and showrooms were informally visited.
PRIMARY DATA:
It consists of information collected for the specific purpose, survey research was used and he all
the details of Suzuki and their competitors were contacted. Survey research is the approached
gathering description and information.
SAMPLE DESIGN
Who is to be surveyed? The marketing researcher must define the target population that will be
sampled. The sample Unit taken by me was 100; Customers of different age group, different
gender and different profession.
METHODS OF DATA COLLECTION:
The study includes in it the data collected through both primary and secondary sources. Primary
data is collected with the help of structured questionnaire and personal meeting. Questionnaire is
administered on the sample respondents. However there are certain cases where personal
interactive method is followed with customers to find the satisfaction level.
20
DATA ANALYSIS AND INTERPRETATION
1. Which of the following Suzuki Bike you own?
Name of the Bike % of the customer
Access 30
Lets 25
Gixxer 15
Hayate 10
Intruder 20
Total 100%
Interpretation: This question is meant for taking the information regarding the most preferred
Bike in the Suzuki Bikes . From the above graph it is found that most preferred vehicle of Suzuki
Bikes is Access.
30%
25%
15%
10%
20%
% of customers
21
2. What do you like most about your Suzuki?
Customers preference No. of customers
Style / design 18
Comfort 46
Suzuki brand 26
Service 10
Total 100
Interpretation- This question is meant to know the customers preferences and likes towards the
Bikes . From the data we can position our product to the comfort seeking group of people.
18%
46%
26%
10%
No. of customers
Style/design
Comfort
Ford brand
Service
22
3. To other Bikes , what do you feel great about your Bike when compared in the market?
(A) Fuel efficiency (B) Durability(C) Low maintenance (D) Sound quality (E) Brand name
Customer perspective No. of customers
Fuel efficiency 4
Low maintenance 18
Sound quality 24
Brand name 40
Durability 14
Total 100
Interpretation: From this question we can position the Bikes according to the customer’s
perspectives. Many of the Suzuki customers are buying the Bikes by seeing its Brand Name
only. The no. of customers satisfied with the fuel efficiency is very low.
4%
18%
24%40%
14%
No. of customers
Fuel efficiency
Low maintenance
Sound quality
Brand name
Durability
23
4. How did you come to know about this Bike before purchasing?
Sources of awareness No of customers
Friends , relatives 18
Advertisement 50
Bike experts 6
Sales people visit 18
Auto magazines 10
Total 100
Most of the Suzuki customers came to know about their vehicle through Advertisements only.
The major media that attracted the customers is television.
18%
50%
6%
18%
10%
No. of customers
Rriends, relatives
Advertisement
Car experts
Sales people visit
Auto magazins
24
5. How do you rate the promotion of Access by Suzuki?
Rating No. of customers
Excellent 10
Very good 28
Good 52
Average 10
Poor 0
Total 100
It has been observe From the table and graph above it can be seen that, 10% of respondents felt
that the promotion was Excellent, 28% of respondents felt that the promotion was Very good,
52% of respondents felt that the promotion was good, 12% of respondents felt that the
promotion was Average, and 8% of respondents felt that the promotion was poor. It is clear that
promotion of the Access by Suzuki was good.
10%
28%
52%
10%
0%
No.of customers
Excellent
Very good
Good
Average
Poor
25
6. Where do you get your Bike serviced regularly?
Place of service No. of customers
At authorized center 82
At a local workshop near my house 18
Total 100
Most of the Suzuki customers are interested to service their vehicles only at the authorized
dealers. From this we come to know what the importance of authorized service centers for Bike
is.
82%
18%
No. of customers
At authorized center
At a local near my house
26
7. Which bank do you prefer in getting financial help while purchasing a Bike?
Name of the bank No. of customers
ICICI 21
HDFC 6
SBI 20
OTHERS 3
Total 100%
Most of the customers prefer ICICI and SBI banks for taking financial help while purchasing a
bike. Customers are asking for min interest on financial help provided by the banks.
21%
6%
20%
3%
No. of customers
ICICI
HDFC
SBI
OTHERS
27
8. Which type of finance do you prefer?
Type of finance No. of customers
In house finance 60
Out house finance 24
No difference between the two 16
Total 100
Interpretation: It has been observe that most of the customers prefer house finance help while
purchasing a Bike.
60%
24%
16%
No.of customers
In house finance
Out house finance
No difference between the two
28
9. To which media do you get expose regularly?
Media No. of customers
Televisions 52
Magazines 14
News paper 32
FM/ Radio 2
Total 100
From this analysis we come to know that most of the customers are interested in watching
televisions, which is a good media for communicating with people and delivering our intentions
about product.
52%
14%
32%
2%
No. of customers
Television
Magazines
News paper
FM/ Radio
29
10. Which kind of T.V. channels do you watch regularly?
T.V. Channels No. of customers
National news channel 20
Sport channels 8
Entertainment channel 40
Regional news channel 32
Total 100%
This question is meant to know the interests and preferences of customers towards T.V. channels.
More than quarter of the sample size showed interest only on the entertainment channels and next
preference goes to the regional news channels.
20%
8%
40%
32%
No. of customers
National news channel
Sport channel
Entertainment channel
Regional channel
30
11. What’s your opinion on the price list of Suzuki Bikes ?
Customer opinion on pricelist of Suzuki
Bike
No. of customers
Affordable by common man 30
Affordable by only rich man 60
Can’t say 10
Total 100
More than 80% of customers think that Suzuki Bikes are affordable only by rich men. These
Bikes are too expensive for an economic/common man of the society.
30%
60%
10%
No. of customers
Affordable by common man
Affordable by only rich man
Can't say
31
12. What kinds of offers do you like or expect from the dealer?
Offers No. of customers
Free insurance 18
Special discount on sale of Bikes 6
Extending the service period 54
Finance availability with 0% interest 22
Total 100
The chart shows that the most of customers likely expected to the dealer to extend the service
period.
18%
6%
54%
22%
No. of customers
Finance insurance
Special discount on sale of cars
Extending the service period
Finance availability with 0%
interest
32
13. What more do you expect from your dealer?
Expectations of customer No. of customers
Information about service and mileage 68
Assistance regarding loans and insurance 8
Understanding customer needs 20
Information about new Bikes 4
Total 100
Most of the customers are expecting the information about service and mileage regarding the
Bikes from the dealer. From the above analysis we come to know about the customer’s
expectations and their post purchase service demands from the dealer.
68%
8%
20%
4%
No. of customers
Information about service and
milage
Assistance regarding lones and
insurance
Understanding customers
needs
Information about new car
33
14. How do you feel when an unknown sales person approaches you by knowing your full
details to demonstrate about any product?
Customer opinion No. of customers
I will not respond 22
Lost my privacy 10
Interest in knowing, If I feel a need of it 64
Total 100
This question is prepared indirectly to know about the customer’s opinion about the Data Bank
maintenance by the Suzuki. In reply majority of the customers gave a positive reply by showing
interest in knowing about the Bikes when a sales person gives a detailed description about the
Bikes .
22%
10%
64%
No. of customers
I will not respond
Lost my privacy
Interest in working, If I feel a need
of it
34
15. Have you come across any promotional event conducted by Suzuki during last six
month?
Customer opinion No. of customers
Yes 61
No 49
Total 100
From the table and graph above it can be seen that 61% of respondent’s come across promotion
of Suzuki and 49% do not come across promotion of Suzuki..
61%
49%
No. of customers
Yes
No
35
16. Would you recommend Suzuki bikes to your friends and relatives?
Recommend Not recommend Total
respondents 62 38 100
Table no.16
From the table and graph above it can be seen that 62% of respondents recommend Suzuki bikes
to their friends and relatives and 38 % of respondents don’t recommend. Most of the respondents
would recommend Suzuki vehicles the friends and relatives.
63%
37%
No. of respondents
Recommend
Not recommend
36
17. Whom do you suggest as a right person for promoting a bike?
Customer suggestion No. of customers
Sports persons 36
Film star 42
Bike expert 14
Any celebrity 8
Total 100
Most of the customers of Suzuki suggest a film star as the best ambassador. Because many of
them get attracted only to their favorite film stars other than other brand ambassadors
36%
42%
14%
8%
No of customers
Sports persons
Film star
Bike Expert
Any celebrity
37
FINDINGS
 Brand awareness has got a great range of influence on buying behavior. Now-a-days
people are Brand conscious. Products or Services having a good Brand image has got a
great range of influence on buying behavior.
 Marketing of a product and creating awareness through conducting event show in
different areas of a pre plane with bank manager and meeting with customer personally
has an influence on the people rather than non-personal channels.
 The brand image of Suzuki is Excellent. Everyone is aware of Suzuki as it is the fourth
largest automobile company. In Jabalpur most of the people are think that Suzuki
vehicles are for urbane people.
 In economic Bikes millage plays a major role on buying behavior. People who are
choosing economic segment are mostly from employees and middle class. They cannot
effort more.
 Maintenance of Suzuki vehicles is more. Suzuki is positioned in the minds of people as
high maintenance that is the one of the reason why Suzuki is not a big success in the
Indian market
 The products “Suzuki ACCESS” features when compared to any Bike in same segment
segment no bike having a number of features as Access.
 Customer’s perspectives, Many of the Suzuki customers are buying the Bikes by seeing
its brand name only. The no. of customers satisfied with the fuel efficiency is very low.
 Most of the Suzuki customers came to know about their vehicle through Advertisements
only. The major media that attracted the customers is television.
38
 The popularity shows that most of the customers would recommend Suzuki Access to
the friends and relatives.
 Peoples are very aggressive and enthusiastic to meet with brand promoter during event
show.
39
RECOMMENDATION
 Suzuki has to concentrate on new strategies for the promotion of Suzuki bikes. As it is a
newly launched model of the Suzuki it is the time to capture market of the economic
segment. Currently Access is having a good response in the market.
 Suzuki has to rectify some features as they are not upto date in industry. Everyone who
had a look at the Bike likes it, after seeing the color and shape they are not showing much
interest interest.
 Suzuki has to utilize the media for the promotion of their products . For the reaching of
the target audience media is the best way. Through promotion will go to the long
distances..
 Please try to increase the number of Service centers. And keep Service Stations at main
interior locations of the city where customers feel it easy and nearby to go to service
centers.
 Please provide information about new Bikes along with their price lists at least once in 6
months.
 Advertisements through televisions can influence many categories of people. So try to
concentrate on this segment. We don’t see or find much of the Suzuki Bike
advertisements in T.V. “Suzuki ACCESS”.
 Try to provide financial facility of all customers at minimum interest.
.
40
LIMITATION
The present study is subjected to following limitation.
 During the study I met a lot of customer some were intender and some were owner.
 The sample was restricted to only one dealer of Suzuki motors, which may restrict the
scope and completion of study.
 The scope of is restricted only to the Jabalpur city.
 Shortness of time and due to privacy some customers were unable to entertain.
41
CONCLUSION
The study, which I conducted on the “In-depth Analysis of Suzuki Motors Ltd”. in the area of
Marketing has been a very gratifying experience at the outset, the objectives were to cover the
whole marketing strategies. The entire report has been effort to do just that.
Through out the study I found Suzuki bikes are very new & use modern technology in their
bikes. As a result they give better performance then other bikes in the market & required less
maintenance. Suzuki also provides good after sale service to the customer.
Suzuki has managed to put in spectacular performance going from strength to strength despite
increase in competition, the company’s sales have witnessed an up trend, registering an average
growth of 42% in the three years under review.
Suzuki has managed to achieve this because of its strong brand image and proven product quality
underpinned the performance growth in recent years. Apart from the strong brand “Access” the
company’s presence across the spectrum of the motorcycle market helped it exploit the growing
demand vehicles.
At the lower, end, the company has Hayate at the middle level passion & joys. The Bixxer range
is targeted, at the premium segment. Thus one may say that the marketing strategies adopted by
Suzuki have really paid-off, as the company has constantly managed to increase its market share
and also increase its sales .Which is really amazing for a company which has been a market
leader to maintain its strong position in the wake of growing competition from its competitors
who have been trying to grab a strong share in the market by launching latest technology
products.
Last three data show that demand of Suzuki bikes increase & market trends indicated that in
future more demand for suzuki bikes expected.
42
BIBLIOGRAPHY
BOOKS
 Marketing Management – Kotler Philip
 Marketing – Ghandhi J. C.
 Principles of Marketing – Palmer Adrian
 Marketing Management – Ramaswamy V. S.
WEB SITES
 www.suzukimotors.com
 www.indianinfoline.com
 www.premjis.com
 www.sirindia.com

Más contenido relacionado

La actualidad más candente

Segmentation targeting and positioning of hero moto corp
Segmentation targeting and positioning of hero moto corpSegmentation targeting and positioning of hero moto corp
Segmentation targeting and positioning of hero moto corp
PriyambadaKhushboo
 
Maruti Suzuki a brief PPT assignment
Maruti Suzuki a brief PPT assignmentMaruti Suzuki a brief PPT assignment
Maruti Suzuki a brief PPT assignment
Navneet Jingar
 
Overview of Pak Suzuki Motors
Overview of Pak Suzuki MotorsOverview of Pak Suzuki Motors
Overview of Pak Suzuki Motors
MohammedEmad1987
 
Assignment On Mahindra & Mahindra
Assignment  On Mahindra & MahindraAssignment  On Mahindra & Mahindra
Assignment On Mahindra & Mahindra
Yunus Siddiqui
 

La actualidad más candente (20)

tata motors
tata motorstata motors
tata motors
 
Suzuki
Suzuki Suzuki
Suzuki
 
STP of tata Motors
STP of tata MotorsSTP of tata Motors
STP of tata Motors
 
Maruti suzuki (PPT) power point presentation
Maruti suzuki (PPT) power point presentation Maruti suzuki (PPT) power point presentation
Maruti suzuki (PPT) power point presentation
 
Maruti suzuki
Maruti suzukiMaruti suzuki
Maruti suzuki
 
Marketing research on Maruti Suzuki
Marketing research on Maruti Suzuki Marketing research on Maruti Suzuki
Marketing research on Maruti Suzuki
 
45312185 maruti-suzuki-project-report
45312185 maruti-suzuki-project-report45312185 maruti-suzuki-project-report
45312185 maruti-suzuki-project-report
 
Complete analysis of Mahindra & Mahindra
Complete analysis of Mahindra & MahindraComplete analysis of Mahindra & Mahindra
Complete analysis of Mahindra & Mahindra
 
Brand analysis of Royal Enfield
Brand analysis of Royal EnfieldBrand analysis of Royal Enfield
Brand analysis of Royal Enfield
 
Royal Enfield
Royal EnfieldRoyal Enfield
Royal Enfield
 
Segmentation targeting and positioning of hero moto corp
Segmentation targeting and positioning of hero moto corpSegmentation targeting and positioning of hero moto corp
Segmentation targeting and positioning of hero moto corp
 
MARUTI SUZUKI PRODUCT ANALYSIS REPORT
MARUTI SUZUKI PRODUCT ANALYSIS REPORTMARUTI SUZUKI PRODUCT ANALYSIS REPORT
MARUTI SUZUKI PRODUCT ANALYSIS REPORT
 
Mahindra and Mahindra
Mahindra and MahindraMahindra and Mahindra
Mahindra and Mahindra
 
Maruti Suzuki a brief PPT assignment
Maruti Suzuki a brief PPT assignmentMaruti Suzuki a brief PPT assignment
Maruti Suzuki a brief PPT assignment
 
Mahindra and Mahindra Case Study
Mahindra and Mahindra Case StudyMahindra and Mahindra Case Study
Mahindra and Mahindra Case Study
 
Project on maruti suzuki distribution channel
Project on maruti suzuki distribution channelProject on maruti suzuki distribution channel
Project on maruti suzuki distribution channel
 
Marketing project report on hero motocorp
Marketing project report on hero motocorpMarketing project report on hero motocorp
Marketing project report on hero motocorp
 
Overview of Pak Suzuki Motors
Overview of Pak Suzuki MotorsOverview of Pak Suzuki Motors
Overview of Pak Suzuki Motors
 
Maruti suzuki ppt
Maruti suzuki pptMaruti suzuki ppt
Maruti suzuki ppt
 
Assignment On Mahindra & Mahindra
Assignment  On Mahindra & MahindraAssignment  On Mahindra & Mahindra
Assignment On Mahindra & Mahindra
 

Similar a Marketing strategy suzuki

maruti summer training 2012
maruti summer training 2012maruti summer training 2012
maruti summer training 2012
Kalyan Potukuchi
 
127597835 35034034-maruti-suzuki-swift-project
127597835 35034034-maruti-suzuki-swift-project127597835 35034034-maruti-suzuki-swift-project
127597835 35034034-maruti-suzuki-swift-project
Prashant Sethi Jsr
 
Maruti suzuki
Maruti suzukiMaruti suzuki
Maruti suzuki
Wipro
 

Similar a Marketing strategy suzuki (20)

Maruti suzuki . true value 2015
Maruti suzuki . true value 2015Maruti suzuki . true value 2015
Maruti suzuki . true value 2015
 
maruti suzuki overview
maruti suzuki overviewmaruti suzuki overview
maruti suzuki overview
 
maruti summer training 2012
maruti summer training 2012maruti summer training 2012
maruti summer training 2012
 
SIP REPORT OF CRM ON MARUTI SUZUKI
SIP REPORT OF CRM ON MARUTI SUZUKI SIP REPORT OF CRM ON MARUTI SUZUKI
SIP REPORT OF CRM ON MARUTI SUZUKI
 
Maruti Suzuki ppt
Maruti Suzuki pptMaruti Suzuki ppt
Maruti Suzuki ppt
 
Term paper on maruti suzuki
Term paper on maruti suzukiTerm paper on maruti suzuki
Term paper on maruti suzuki
 
Suzuki nexa where stands zeeshan 15mba25
Suzuki nexa where stands zeeshan 15mba25Suzuki nexa where stands zeeshan 15mba25
Suzuki nexa where stands zeeshan 15mba25
 
Maruti suzuki
Maruti suzukiMaruti suzuki
Maruti suzuki
 
AN IMMERSION STUDY REPORT ON BAJAJ AUTO LIMITED
AN IMMERSION STUDY REPORT ON  BAJAJ AUTO LIMITEDAN IMMERSION STUDY REPORT ON  BAJAJ AUTO LIMITED
AN IMMERSION STUDY REPORT ON BAJAJ AUTO LIMITED
 
Employee benefits
Employee benefitsEmployee benefits
Employee benefits
 
Marketing strategies of maruti suzuki limited
Marketing strategies of maruti suzuki limitedMarketing strategies of maruti suzuki limited
Marketing strategies of maruti suzuki limited
 
127597835 35034034-maruti-suzuki-swift-project
127597835 35034034-maruti-suzuki-swift-project127597835 35034034-maruti-suzuki-swift-project
127597835 35034034-maruti-suzuki-swift-project
 
Marketing ppt
Marketing pptMarketing ppt
Marketing ppt
 
Maruti Suzuki India Pvt. Limited final
Maruti Suzuki India Pvt. Limited  finalMaruti Suzuki India Pvt. Limited  final
Maruti Suzuki India Pvt. Limited final
 
Sustainability Report of Maruti Suzuki
Sustainability Report of Maruti Suzuki Sustainability Report of Maruti Suzuki
Sustainability Report of Maruti Suzuki
 
Maruti suzuki ppt.
Maruti suzuki ppt.Maruti suzuki ppt.
Maruti suzuki ppt.
 
Maruti suzuki ppt
Maruti suzuki pptMaruti suzuki ppt
Maruti suzuki ppt
 
Maruti suzuki
Maruti suzukiMaruti suzuki
Maruti suzuki
 
Maruti Strategy
Maruti StrategyMaruti Strategy
Maruti Strategy
 
project-report-on-tata-motors.pdf
project-report-on-tata-motors.pdfproject-report-on-tata-motors.pdf
project-report-on-tata-motors.pdf
 

Último

Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...
Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...
Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...
amitlee9823
 
如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一
如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一
如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一
ozave
 
+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}
+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}
+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}
Health
 
Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...
Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...
Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...
amitlee9823
 
Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...
Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...
Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...
amitlee9823
 
Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...
amitlee9823
 
Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...
Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...
Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...
amitlee9823
 
➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men 🔝Moradabad🔝 Esc...
➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men  🔝Moradabad🔝   Esc...➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men  🔝Moradabad🔝   Esc...
➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men 🔝Moradabad🔝 Esc...
amitlee9823
 
ELECTRICITÉ TMT 55.pdf electrick diagram manitout
ELECTRICITÉ TMT 55.pdf electrick diagram manitoutELECTRICITÉ TMT 55.pdf electrick diagram manitout
ELECTRICITÉ TMT 55.pdf electrick diagram manitout
ssjews46
 
Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...
Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...
Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...
nirzagarg
 
Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...
Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...
Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...
amitlee9823
 
Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
amitlee9823
 
➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men 🔝Asansol🔝 Escorts...
➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men  🔝Asansol🔝   Escorts...➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men  🔝Asansol🔝   Escorts...
➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men 🔝Asansol🔝 Escorts...
amitlee9823
 
➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men 🔝pathankot🔝 Esc...
➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men  🔝pathankot🔝   Esc...➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men  🔝pathankot🔝   Esc...
➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men 🔝pathankot🔝 Esc...
nirzagarg
 
Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)
amitlee9823
 

Último (20)

Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...
Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...
Sanjay Nagar Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalor...
 
如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一
如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一
如何办理麦考瑞大学毕业证(MQU毕业证书)成绩单原版一比一
 
+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}
+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}
+97470301568>>buy vape oil,thc oil weed,hash and cannabis oil in qatar doha}}
 
8377087607, Door Step Call Girls In Majnu Ka Tilla (Delhi) 24/7 Available
8377087607, Door Step Call Girls In Majnu Ka Tilla (Delhi) 24/7 Available8377087607, Door Step Call Girls In Majnu Ka Tilla (Delhi) 24/7 Available
8377087607, Door Step Call Girls In Majnu Ka Tilla (Delhi) 24/7 Available
 
Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...
Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...
Vip Mumbai Call Girls Mira Road Call On 9920725232 With Body to body massage ...
 
Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...
Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...
Bangalore Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore E...
 
Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Navi Mumbai Call On 9920725232 With Body to body massag...
 
Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...
Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...
Majestic Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore Es...
 
➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men 🔝Moradabad🔝 Esc...
➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men  🔝Moradabad🔝   Esc...➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men  🔝Moradabad🔝   Esc...
➥🔝 7737669865 🔝▻ Moradabad Call-girls in Women Seeking Men 🔝Moradabad🔝 Esc...
 
ELECTRICITÉ TMT 55.pdf electrick diagram manitout
ELECTRICITÉ TMT 55.pdf electrick diagram manitoutELECTRICITÉ TMT 55.pdf electrick diagram manitout
ELECTRICITÉ TMT 55.pdf electrick diagram manitout
 
Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...
Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...
Somya Surve Escorts Service Bilaspur ❣️ 7014168258 ❣️ High Cost Unlimited Har...
 
Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...
Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...
Top Rated Call Girls Navi Mumbai : 9920725232 We offer Beautiful and sexy Cal...
 
Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Kadugodi Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men 🔝Asansol🔝 Escorts...
➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men  🔝Asansol🔝   Escorts...➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men  🔝Asansol🔝   Escorts...
➥🔝 7737669865 🔝▻ Asansol Call-girls in Women Seeking Men 🔝Asansol🔝 Escorts...
 
Is Your BMW PDC Malfunctioning Discover How to Easily Reset It
Is Your BMW PDC Malfunctioning Discover How to Easily Reset ItIs Your BMW PDC Malfunctioning Discover How to Easily Reset It
Is Your BMW PDC Malfunctioning Discover How to Easily Reset It
 
(INDIRA) Call Girl Surat Call Now 8250077686 Surat Escorts 24x7
(INDIRA) Call Girl Surat Call Now 8250077686 Surat Escorts 24x7(INDIRA) Call Girl Surat Call Now 8250077686 Surat Escorts 24x7
(INDIRA) Call Girl Surat Call Now 8250077686 Surat Escorts 24x7
 
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verifiedConnaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
Connaught Place, Delhi Call girls :8448380779 Model Escorts | 100% verified
 
➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men 🔝pathankot🔝 Esc...
➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men  🔝pathankot🔝   Esc...➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men  🔝pathankot🔝   Esc...
➥🔝 7737669865 🔝▻ pathankot Call-girls in Women Seeking Men 🔝pathankot🔝 Esc...
 
Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Rajajinagar ☎ 7737669865☎ Book Your One night Stand (Bangalore)
 
John Deere 7430 7530 Tractors Diagnostic Service Manual W.pdf
John Deere 7430 7530 Tractors Diagnostic Service Manual W.pdfJohn Deere 7430 7530 Tractors Diagnostic Service Manual W.pdf
John Deere 7430 7530 Tractors Diagnostic Service Manual W.pdf
 

Marketing strategy suzuki

  • 1. 1 EXECUTIVE SUMMARY This project was really a challenge for me but I learned a lot while preparing this project basically SUZUKI MOTORS. This report provides me a chance to study and analyses the practical aspects of the topic (The Marketing Strategy of Suzuki Motor). It enhanced my knowledge in the field of marketing. This project also gave me the chance to improve logical thinking and interacting patterns. This project high lightens the importance of financial institutions and banks role in Bike selling. This project also highlights the product promotion during the different bank visit firstly make aware the bank branch manager about the product. The project deals with the various aspects of marketing strategy and sales. New marketing strategy mean that creating new market area, developing the new relation, doing new promotion and advertising is done in relation to the 4 P’s of marketing that is Product, Price, Place and Promotion. There exist some opportunity in the marketing activity done by the company in the past. The new marketing strategy of the company will develop the mutual relation with banks and provide the quick facility the Bike finance to the customer. The Extract of the work is presented in this report under various headings as, Introduction, Company’s Profile, Project Introduction, Methodology, Data analysis, Suggestions and Conclusions. While working on the project, I came to know about the latest marketing strategies and trends prevailing in the market. The way of promoting the products, providing a better convenience of customer, and developing the new strategic technique to sell the product. My topic of study is “The Marketing Strategy of Suzuki Motor” compared the Suzuki product with the other automobile product in the aspects of features, new technology, modern look, cheap price, luxurious interior design, mileage efficiency during the conducting of event show in entire area of the city.
  • 2. 2 OBJECTIVE OF THE STUDY  To know the factor of awareness of the Bikes .  To Study and analyze the Promotional Strategies.  To develop the relationship with bankers to make the auto finance easy for customer.  To know whether the customers are satisfied with the offers given by the dealer.  To find out satisfaction of the customers.  To study and analyze the customer's perception regarding the usefulness/utility of Suzuki Bikes .
  • 3. 3 COMPANY PROFILE Khatwani Suzuki Pvt Ltd is an authorised dealer of bikes of Suzuki Motors India ltd .It is situated at Jabalpur. It was established on 4hmarch 2008,, here 13 different types of products are being sold & are available in different models & variants. It is a private limited firm authorised under ISO 9001-9002(since last 6 months having certification). It has its branch at Katni and Shahdol, number of employees working here are more than 300. It provides SSS Sales, Services & spares) facility, another part of Khatwani Suzuki is True value where second hand vehicles are being purchased and sold off. It also provides various financing facilities through its collaboration with various financing companies like SBI Bank, MAGMA fin corp. ltd., ICICI Bank ltd., HDFC Bank ltd., Sundram finance, Mahindra & Mahindra financial services, Kotak Mahindra, Shriram finance etc. It consists of various departments such as: Sales,, EDP, Accounts, Insurance and Finance-, EDP department consists of billing, tek..calling. It also has a body shop where denting and painting work is done, spare parts with accessories is available. It has also been awarded for the Best Services and Best Showroom, for achieving the monthly targets some of the employees were rewarded. NATIONAL ROAD SAFETY MISSION National Road Safety Mission is the flagship Road Safety initiative introduced by the Company in December 2008. Under this initiative, the Company took a commitment of training over 500,000 people in safe driving practices in a span of 3 years. The Company has successfully met this achievement. Amongst the five lakh people trained one lakh are from the underprivileged sections of society. The main objective was to make them employable in driving profession.Through our various road safety initiatives we have cumulatively trained over 10 lakh people in safe driving.
  • 4. 4 Manufacturing Excellence With the merger, SuzukiMotors India Limited will bring its entire diesel engine capacity under one single management control. We began our operations in 1983, with the first Maruti 800 rolling out from our Gurgaon plant. Over the next two decades Suzuki Motors bike models led by Maruti 800 brought about a revolution in the Indian bike market. As the automobile market grew so did our production capacities, production process and infrastructure. Our scale and manufacturing today is completely different from when it began. Today, Maruti Suzuki's plants are comparable with the best in the world in terms of quality, productivity and operational efficiency. Suzuki MotorsIndia Limited approves merger with Suzuki Powertrain India Limited. Suzuki Powertrain India Limited, a subsidiary of Suzuki Motor Corporation, Japan, supplies diesel engines as well as transmissions for vehicles to Suzuki MotorsIndia Limited. Recently Suzuki MotorsBoard of Directors approved a proposal to merge Suzuki Powertrain India Limited (SPIL) with Suzuki MotorsIndia Ltd. It is expected that the necessary regulatory approvals and legal requirements for the merger may be completed by end December 2012. Once the merger is approved, the books of accounts of SPIL will be merged with MSIL with effect from April 1, 2012.
  • 5. 5 Facilities SuzukiMotorsIndia has two state-of-the-artmanufacturing facilities.The Gurgaon facility spread over 300 acres is located around 25 kms south of Delhi. This facility houses three fully integrated plants. KHATWANI SUZUKI AND ROAD SAFETY Many industry surveys haveshown thatmajority of road accidents are caused due to driver negligence. Road safety has become a graveconcern for all. This concern has driven us to make road safety our priority. SuzukiMotorsrealizing the need to improve road safety and minimize accidents took up road safety as its focused CSR initiative. SuzukiMotorsoperates its Road Safety initiatives at two levels.
  • 6. 6 NATIONAL ROAD SAFETYMISSION National Road Safety Mission is the flagship Road Safety initiative introduced by the Company in December 2008. Under this initiative, the Company took a commitment of training over 500,000 people in safe driving practices in a span of 3 years. The Company has successfully met this achievement. Amongst the five lakh people trained one lakh are from the underprivileged sections of society. The main objective was to make them employable in driving profession. Through our various road safety initiatives we have cumulatively trained over 10 lakh people in safe driving. MARUTI GENUINEPARTS Do you know over 20,000 parts go into making of a single bike? And each of these parts, whether small or big, is essential to deliver the best performanceof your bike. That is why; at SuzukiMotors our engineers take utmost bike to ensure highest quality standards for on each and every individual part of the bike. But, as weuse the bikes the components undergo wear and tear. With usage there is a need to check and replace the parts. While replacing a part, it is crucial
  • 7. 7 that the component used is of the highest quality standard, justlike the original one fitted on the bike. Use of spurious and non-genuine parts exposes users to various risks. These can lower the performance of vehicle and even risk the safety of passengers. To ensure that only the highest quality parts reach your bike even when you need to replace a worn out part, Suzuki Motors supply company certified parts. . These genuine parts are of the same quality as the ones that came fitted on the new bike. These certified parts are known as “Genuine Parts". Precision engineered to the design and specifications of the specific model. As such these give best performance and convenience. These MGP help to increase the vehicle life and offer lowest best cost of ownership. A hub and spoke distribution system for spare parts ensures availability of Maruti Genuine Parts to the customers. Through this seamless part supply system, a chain of MGP distributors or a MGP exclusive Retail Outlets serve the customer requirement. SuzukiMotorcycleIndia, PrivateLimited (SMI) is the wholly owned Indian subsidiary of Suzuki, Japan.itwas the third Suzukiautomotiveventure in India, after TVS Suzuki(1982-2001) and MarutiSuzuki(1982).In 1982 thejoint-venture between SuzukiMotor Corporation and TVS Motor Company incorporated and started production of two wheelar in india. In 2001, after separating ways with TVS motor company, the company was re entered as SuzukiMotorcycleIndia , Private Limited (SMI) in 2006 ,Thecompany has set up a manufacturing facility at Gurgaon, Haryana having the annual capacity of 5,40,000units. Motorcycles
  • 8. 8  Sling shot (Discontinued)  GS150R ( Discontinued)  Gixxer  Gixxer SP  Gixxer SF  Gixxer SF SP  Gixxer SF FI  Gixxer SF FI ABS  Hayate EP Scooter  Access 125  Access 125 SE  Let's Sports Bikes  GSX-S1000F ABS  GSX-S1000 ABS  GSX-R1000 ABS  GSX-R1000R ABS  V-Strom-1000 ABS  Hayabusa GSX 1300R  Intruder M1800R  Intruder M1800R BOSS Edition ATVs  Ozark 250  Quadsport Z400 Scooters  Suzuki Swish
  • 9. 9 Motorcycles/Sports Bikes  Suzuki Heat 125  Suzuki Zeus 125  Suzuki Hayate 110  Suzuki Slingshot 125  Suzuki Slingshot Plus 125  Suzuki GS150R  Suzuki Inazuma 250
  • 10. 10 INTRODUCTION TO THE TOPIC Today’s society is warm with urbanization and demonstration effect. With a view towards it, there are drastic changes coming up in all sectors even in the automobile Industries. The following information gives an insight about it. In the present context the companies operate on the principle of natural selection – “Survival of The Fittest”. Only those companies will succeed which at best match to the current environmental imperatives – those who can deliver what people are ready to buy, according to their convenience. But real marketing does not involve the art of selling what the manufacturers make. Organizations gain market leadership by understanding consumer needs and finding solutions that delight consumers. If customer value and satisfaction are absent, no amount of promotion or selling can be compensating. Hence the aim of marketing is to build and manage Profitable Business Relationship
  • 11. 11 This is a part of the strategic marketing done by every company to achieve it objectives and goals. To maximize the profits and long-term plans every organization has to follow a strategic planning. Marketing is much more than just an isolated business function – it is a philosophy that guides the entire organization towards sensing, serving and satisfying consumer needs. The marketing department cannot accomplish the company’s customer relationship-building goals by itself. It must partner closely with other departments in the company and with other organization throughout its entire value – delivery network to provide superior customer value and satisfaction. Thus marketing calls upon everyone in the organization to “think customer” and to do all they can to help build and manage profitable customer relationship. Marketing is all around us, and we need to know that it is not only used by manufacturing companies, wholesaler and retailers, but also by all kinds of individuals and organizations There are four major, powerful themes that go to the heart of modern marketing theory and practice, they are: 1. BUILDING AND MANAGING PORFITABLE CUSTOMER RELATIONSHIPS. 2. BUILDING AND MANAGING STRONG BRANDS. 3. HARNESSING NEW MARKETING TECHNOLOGIES IN THIS DIGITAL AGE. 4. MARKETING IN A SOCIALLY RESPONSIBLE WAY AROUND THE GLOBE. What marketing is what it does and what it offers? “Marketing is a social and managerial process whereby individual and groups obtain what they need and want through creating and exchanging products and value with others.” “Marketing management is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational goals.” “Marketing offers some combination of products, services, information, or experiences offered to a market to satisfy a need or want” Marketing is an orderly and insightful process for thinking about and planning for markets. The process starts with researching the market place to understand its dynamics. The marketer uses research methodologies to identify opportunities, that is, to find individuals all groups of people with unmet needs or latent interest in some products or service. The marketing process consists of the following: 1. Analyzing marketing opportunities. 2. Developing marketing strategies. 3. Planning marketing programs 4. Managing the marketing efforts.
  • 12. 12 Before taking any decision and achieving the goals, it has to make analysis of what to do, how to do, when to do, where to do and who is to do it. This is nothing but strategic planning. Goals indicate what a business unit wants to achieve whereas strategy is how to get there. Marketing strategies in simple terms are the complete and unbeatable plans designed specifically for attaining the marketing objectives of the firm. Marketing can be called as a game plan for achieving its goals. Strategy choice will depend on whether the firm or the marketer plays the following roles:  Market leader  A challenger  A follower  A niche The identification of objectives, both in quantitative and qualitative terms, is an essential backdrop to strategy formulation. Goals have a quality and time frame attached to them. These are typically spelt out in terms of financial return, market share, market presence, etc. Thus, the concept of market oriented strategic planning arises with the link between the products the manufacturer is dealing in and the market conditions. In this direction, our study deals only with the marketing strategies i.e. promotional strategies of the Suzuki automotives. MARKETING STRATEGY ADOPTED BY SUZUKI Suzuki follows the promotions at two levels, they a 1) Promotions of product directly by the manufacturer. 2) Promotions at dealer level. In the first step the products of vehicles manufactured by the Suzuki Automotives are directly promoted by the manufacturer by him. He follows many promotional strategies like 1. Advertising through television and newspaper. 2. Internet or interactive marketing. 3. Direct marketing. In the second step the dealer of the vehicles promotes the vehicles. The various promotional strategies followed by the Suzuki at dealer are 1. Advertising though news papers, radios, palm plates. In this all the features of the product and its prices are given in detail to the customer. 2. In televisions the scrolling are given about the product and its features. 3. Promotion by conducting event shows on road side, bank campus, and market fair.
  • 13. 13 4. Hand to hand pamphlet distribution through demo about product in market side. Hoardings: A heavy picture of the product which comprises of its attributes and special features are displayed on the roadsides in the form of hoardings. It is a bit expensive strategy but attracts many people who pass by that roadside. This type of advertisement is prepared for those segments of people who cannot afford Suzuki their time in reading newspapers and watching televisions. While travelling from their home to office, moving on their business activities they may watch these hoardings. These hoarding are especially setup at the road signal stops.
  • 14. 14 Maintaining Data Bank: In this the dealer collects personal/bio-data (address and contact number) of many people from various organizations and different sector who are ready to buy the vehicles and who change the vehicles regularly. These people are met-in person or contacted through their contact number. The various new features and new offers regarding the vehicles are advocated to them and are given discounts on group purchase of vehicles, i.e. if 5 or more friends in the group purchase the Bikes at a time then they are given special discounts on the vehicles. Free Insurance: The Suzuki gives a special offer of free insurance on the purchase of each Vehicle to its new customers Relationship Marketing: Suzuki pays a special attention towards its old customers. To retain the old and existing customers it conducts a corporate meet at a luxurious hotel. The study aims at knowing the problems of the customers regarding the vehicles and also service feedback. In this way it maintains an effective relationship with the customers and gains the reputation and goodwill in the minds of the customers. Sales Promotion: The sales promotion is done in the Suzuki at three levels: 1. Showroom sales: In this the customers walk in to the showrooms to know about the details of the product. Specially trained sales executives who are present in the showrooms give a detailed explanation about the product to the customers. Sales executives give a detailed note on the products features, various offers given by the manufacturer and also by the dealer to the customer and enhance the sales of the vehicles. 2. Corporate sales: A special team of sales executives are sent to some big corporate sectors and there they personally meet the heads of the organizations like C.E.O’s, Managers etc., and explain about the vehicles and the offers and special schemes provided by the dealer to them on bulk purchase of the vehicles and try to promote the sales of the vehicles. 3. Field sales: The sales executives conduct some events with the corporate working people and try to demonstrate the product features and its benefits and try to promote the product and increase its sales. CONDUCTING CUSTOMER DELIGHT PROGRAME:
  • 15. 15 This is a unique program conducted by Suzuki. This is a program conducted to retain the old customers of the Suzuki. The old customers of the Suzuki are meeting personally and they are requested to give their feedback by filling in the questionnaire which is specially prepared for them. In this questionnaire their problems regarding the vehicle and also their post sale service experience are taken. If there exists any problem, then the Suzuki service men try to resolve the problems of their customers as soon as possible and makes the customer satisfied. This is a technique to attract the new customers by satisfying the old customers and gaining goodwill in the market. STRATEGIC SALES STANDARDS: Suzuki maintains strategic sales standards in the following manner:-  The Sales faculty is clean, tidy and inviting, making customer’s comfortable while purchasing products and availing services.  Customers are courteously acknowledged within two minutes of their arrival and are advised that a Sales Consultant will be available upon request.  The Sales Consultant’s appearance and dress will be of the highest standards.  An advisory relationship is established between the customer and the Sales Consultant who listens to the customer, identifies their needs and ensures that they are met.  A pleasant, non-pressured purchase experience will be provided during which a thorough demonstration of the vehicle features and benefits will be made.  A test drive will be offered to all customers.  Using a check list, the Sales Consultant delivers the vehicle in perfect condition when promised.  Customers will be contacted within one week after delivery to ensure total satisfaction. MAINTAINING SERVICE STANDARDS:  An efficient service facility allows a customer to avail all the service provided by Suzuki, in a clean and welcoming environment.  An appointment is available within 5 working days of the customer’s request.  Customers are courteously acknowledged within two minutes of their arrival and the write-up will begin with five minutes.  Service needs are courteously identified, accurately recorded on the repair order and verified with the customer.  The vehicle is serviced right on the first visit.
  • 16. 16  The vehicle is ready on the agreed upon time.  A through explanation of work done, warranty coverage and charges is given to the customer.  All service repair work will be followed up within five working days.  Each vehicle will be washed before being returned to the customer.
  • 17. 17 LITERATURE REVIEW Stermer, Bill (2006). Streetbikes: Everything You Need to Know. MotorB ooks/MBI Publishing Company. p. 10. ISBN 0760323623, 9780760323625.The book provide detailed information about the bikes, its types, manufacturing companies, modern technology, different models of bikes which suit the requirement of every age group. Dr. C.B.Mamoria, R.L.Joshi and Dr. M.I.Mulla. 2005. Publisher – Kitab Mahal. ‘Principles and Practice of Marketing In India’, ISBN 81-225- 0079-X. The book is very useful to understand the concept of Marketing System and Marketing Mix. The book provides extensive information about the marketing of consumer products, Industrial goods and agricultural goods. It also throws light on the theme Market Segmentation, Consumer Behaviour and Product Planning and Development. It also explains the concept of Service Marketing, Pricing Policies and Strategies. Prof Kolter, Prof Kella, Prof Koshy & Prof Jha Marketing Management. The reference book is a milestone for the students of marketing. The book elaborates various techniques of effective marketing and the various aspects concerned with the marketing policies. It also contains case studies about marketing. Best Bikes’ – a research paper by Darius Lam published in ‘Autocar’ May 2003 edition. The research paper consists of the most comprehensive study on ‘Total Customer Satisfaction in the Indian Motorcycle Sector’. The study was undertaken to find out how happy the owners really are with their bikes. Another objective of the study was to provide two wheeler manufacturers with actionable information to improve their products, services and brand image for their customers. The study has reflected the views of over 5400 two wheeler owners in regards to their overall ownership experience. Wood (2001) mention that consumers may feel that they are doing something good for society without it costing them any additional cost when they buy a product linked to a cause. Customers purchase at their discretion and essentially donate on more than one occasion through the continued use of a certain product. Furthermore, earned-income generating activities are viewed as more reliable funding sources than donations and grants (Dees, 1998). According to Dees (1998) self-funding is the new mantra since dependency on individual donors is now being seen as a weakness (Dees, 1998).
  • 18. 18 Firms that participate in cause-related marketing programs increase their product sales, service offerings and revenue. This is because firms are able to differentiate their products. A study of the literature finds a clear consensus among corporate executives that they use cause- related marketing because it increases a company’s profits. A writer in Incentive states, “‘worthy causes benefit from such campaigns, but make no mistake about it: Cause-related marketing is first and foremost a marketing program. CRM is separate from the many purely philanthropic projects that companies often undertake’” (Wagner and Thompson, 1994). General Foods, for example, pledged to contribute 10 cents for every Tang cents-off coupon redeemed during a specified period, up to a maximum of Rs.100,000. The redemption rate was above the 4 percent average for coupons in general and a 13 percent positive movement of the brand was tracked (Varadarajan, and Menon, 1988). Polonsky and Wood (2001) suggest that because company donations are directly triggered by sales, it is easier to calculate the return from cause-related marketing programs. Furthermore, as with nonprofits, for-profit organizations can receive additional publicity from CRM programs, which would increase the sales and use of their product. One such cause-related partnership that illustrates the success of the firm is that between VISA USA and Reading is Fundamental (RIF). Visa USA runs a cause-related marketing program aimed at literacy in partnership with RIF. Adkins (1999) claims that Visa carried out cardholder research that identified that over 70 percent of cardholders felt reading was important, and if Visa supported such a card they would increase their Visa card usage. Each time the Visa card is used, a donation is made to Reading is Fundamental. The minimum guaranteed donation was Rs.1 million, with additional funding if Visa’s volume goal was achieved. The campaign has been supported by TV advertising, local radio, shopping mall media and has had a Rs.20 million advertising budget with more than Rs.4 million in co-operative merchant marketing. This program had significant impact on the Visa brand image with an increase of 7 percent and an all- time high of 62 percent for Best Overall Card in Visa’s on-going image tracking study.. In November 1997, sales volume was up 16.9 percent over 1996 and transaction volumes were up 18.9 percent. In 1997, 20 percent consumer awareness of the promotion was achieved, an increase of over 82 percent on 1996, and 64 percent of those aware of the promotion perceived value from it (Adkins, 1999).
  • 19. 19 RESEARCH METHODOLOGY RESEARCH DESIGN The project was designed to be a Descriptive Research, because the study required an in depth. Look into the Motorcycle market, its structure and Status DATA COLLECTION The basis of this project is the information collected through Secondary data. In order to get the view of those related in this market, some dealers and showrooms were informally visited. PRIMARY DATA: It consists of information collected for the specific purpose, survey research was used and he all the details of Suzuki and their competitors were contacted. Survey research is the approached gathering description and information. SAMPLE DESIGN Who is to be surveyed? The marketing researcher must define the target population that will be sampled. The sample Unit taken by me was 100; Customers of different age group, different gender and different profession. METHODS OF DATA COLLECTION: The study includes in it the data collected through both primary and secondary sources. Primary data is collected with the help of structured questionnaire and personal meeting. Questionnaire is administered on the sample respondents. However there are certain cases where personal interactive method is followed with customers to find the satisfaction level.
  • 20. 20 DATA ANALYSIS AND INTERPRETATION 1. Which of the following Suzuki Bike you own? Name of the Bike % of the customer Access 30 Lets 25 Gixxer 15 Hayate 10 Intruder 20 Total 100% Interpretation: This question is meant for taking the information regarding the most preferred Bike in the Suzuki Bikes . From the above graph it is found that most preferred vehicle of Suzuki Bikes is Access. 30% 25% 15% 10% 20% % of customers
  • 21. 21 2. What do you like most about your Suzuki? Customers preference No. of customers Style / design 18 Comfort 46 Suzuki brand 26 Service 10 Total 100 Interpretation- This question is meant to know the customers preferences and likes towards the Bikes . From the data we can position our product to the comfort seeking group of people. 18% 46% 26% 10% No. of customers Style/design Comfort Ford brand Service
  • 22. 22 3. To other Bikes , what do you feel great about your Bike when compared in the market? (A) Fuel efficiency (B) Durability(C) Low maintenance (D) Sound quality (E) Brand name Customer perspective No. of customers Fuel efficiency 4 Low maintenance 18 Sound quality 24 Brand name 40 Durability 14 Total 100 Interpretation: From this question we can position the Bikes according to the customer’s perspectives. Many of the Suzuki customers are buying the Bikes by seeing its Brand Name only. The no. of customers satisfied with the fuel efficiency is very low. 4% 18% 24%40% 14% No. of customers Fuel efficiency Low maintenance Sound quality Brand name Durability
  • 23. 23 4. How did you come to know about this Bike before purchasing? Sources of awareness No of customers Friends , relatives 18 Advertisement 50 Bike experts 6 Sales people visit 18 Auto magazines 10 Total 100 Most of the Suzuki customers came to know about their vehicle through Advertisements only. The major media that attracted the customers is television. 18% 50% 6% 18% 10% No. of customers Rriends, relatives Advertisement Car experts Sales people visit Auto magazins
  • 24. 24 5. How do you rate the promotion of Access by Suzuki? Rating No. of customers Excellent 10 Very good 28 Good 52 Average 10 Poor 0 Total 100 It has been observe From the table and graph above it can be seen that, 10% of respondents felt that the promotion was Excellent, 28% of respondents felt that the promotion was Very good, 52% of respondents felt that the promotion was good, 12% of respondents felt that the promotion was Average, and 8% of respondents felt that the promotion was poor. It is clear that promotion of the Access by Suzuki was good. 10% 28% 52% 10% 0% No.of customers Excellent Very good Good Average Poor
  • 25. 25 6. Where do you get your Bike serviced regularly? Place of service No. of customers At authorized center 82 At a local workshop near my house 18 Total 100 Most of the Suzuki customers are interested to service their vehicles only at the authorized dealers. From this we come to know what the importance of authorized service centers for Bike is. 82% 18% No. of customers At authorized center At a local near my house
  • 26. 26 7. Which bank do you prefer in getting financial help while purchasing a Bike? Name of the bank No. of customers ICICI 21 HDFC 6 SBI 20 OTHERS 3 Total 100% Most of the customers prefer ICICI and SBI banks for taking financial help while purchasing a bike. Customers are asking for min interest on financial help provided by the banks. 21% 6% 20% 3% No. of customers ICICI HDFC SBI OTHERS
  • 27. 27 8. Which type of finance do you prefer? Type of finance No. of customers In house finance 60 Out house finance 24 No difference between the two 16 Total 100 Interpretation: It has been observe that most of the customers prefer house finance help while purchasing a Bike. 60% 24% 16% No.of customers In house finance Out house finance No difference between the two
  • 28. 28 9. To which media do you get expose regularly? Media No. of customers Televisions 52 Magazines 14 News paper 32 FM/ Radio 2 Total 100 From this analysis we come to know that most of the customers are interested in watching televisions, which is a good media for communicating with people and delivering our intentions about product. 52% 14% 32% 2% No. of customers Television Magazines News paper FM/ Radio
  • 29. 29 10. Which kind of T.V. channels do you watch regularly? T.V. Channels No. of customers National news channel 20 Sport channels 8 Entertainment channel 40 Regional news channel 32 Total 100% This question is meant to know the interests and preferences of customers towards T.V. channels. More than quarter of the sample size showed interest only on the entertainment channels and next preference goes to the regional news channels. 20% 8% 40% 32% No. of customers National news channel Sport channel Entertainment channel Regional channel
  • 30. 30 11. What’s your opinion on the price list of Suzuki Bikes ? Customer opinion on pricelist of Suzuki Bike No. of customers Affordable by common man 30 Affordable by only rich man 60 Can’t say 10 Total 100 More than 80% of customers think that Suzuki Bikes are affordable only by rich men. These Bikes are too expensive for an economic/common man of the society. 30% 60% 10% No. of customers Affordable by common man Affordable by only rich man Can't say
  • 31. 31 12. What kinds of offers do you like or expect from the dealer? Offers No. of customers Free insurance 18 Special discount on sale of Bikes 6 Extending the service period 54 Finance availability with 0% interest 22 Total 100 The chart shows that the most of customers likely expected to the dealer to extend the service period. 18% 6% 54% 22% No. of customers Finance insurance Special discount on sale of cars Extending the service period Finance availability with 0% interest
  • 32. 32 13. What more do you expect from your dealer? Expectations of customer No. of customers Information about service and mileage 68 Assistance regarding loans and insurance 8 Understanding customer needs 20 Information about new Bikes 4 Total 100 Most of the customers are expecting the information about service and mileage regarding the Bikes from the dealer. From the above analysis we come to know about the customer’s expectations and their post purchase service demands from the dealer. 68% 8% 20% 4% No. of customers Information about service and milage Assistance regarding lones and insurance Understanding customers needs Information about new car
  • 33. 33 14. How do you feel when an unknown sales person approaches you by knowing your full details to demonstrate about any product? Customer opinion No. of customers I will not respond 22 Lost my privacy 10 Interest in knowing, If I feel a need of it 64 Total 100 This question is prepared indirectly to know about the customer’s opinion about the Data Bank maintenance by the Suzuki. In reply majority of the customers gave a positive reply by showing interest in knowing about the Bikes when a sales person gives a detailed description about the Bikes . 22% 10% 64% No. of customers I will not respond Lost my privacy Interest in working, If I feel a need of it
  • 34. 34 15. Have you come across any promotional event conducted by Suzuki during last six month? Customer opinion No. of customers Yes 61 No 49 Total 100 From the table and graph above it can be seen that 61% of respondent’s come across promotion of Suzuki and 49% do not come across promotion of Suzuki.. 61% 49% No. of customers Yes No
  • 35. 35 16. Would you recommend Suzuki bikes to your friends and relatives? Recommend Not recommend Total respondents 62 38 100 Table no.16 From the table and graph above it can be seen that 62% of respondents recommend Suzuki bikes to their friends and relatives and 38 % of respondents don’t recommend. Most of the respondents would recommend Suzuki vehicles the friends and relatives. 63% 37% No. of respondents Recommend Not recommend
  • 36. 36 17. Whom do you suggest as a right person for promoting a bike? Customer suggestion No. of customers Sports persons 36 Film star 42 Bike expert 14 Any celebrity 8 Total 100 Most of the customers of Suzuki suggest a film star as the best ambassador. Because many of them get attracted only to their favorite film stars other than other brand ambassadors 36% 42% 14% 8% No of customers Sports persons Film star Bike Expert Any celebrity
  • 37. 37 FINDINGS  Brand awareness has got a great range of influence on buying behavior. Now-a-days people are Brand conscious. Products or Services having a good Brand image has got a great range of influence on buying behavior.  Marketing of a product and creating awareness through conducting event show in different areas of a pre plane with bank manager and meeting with customer personally has an influence on the people rather than non-personal channels.  The brand image of Suzuki is Excellent. Everyone is aware of Suzuki as it is the fourth largest automobile company. In Jabalpur most of the people are think that Suzuki vehicles are for urbane people.  In economic Bikes millage plays a major role on buying behavior. People who are choosing economic segment are mostly from employees and middle class. They cannot effort more.  Maintenance of Suzuki vehicles is more. Suzuki is positioned in the minds of people as high maintenance that is the one of the reason why Suzuki is not a big success in the Indian market  The products “Suzuki ACCESS” features when compared to any Bike in same segment segment no bike having a number of features as Access.  Customer’s perspectives, Many of the Suzuki customers are buying the Bikes by seeing its brand name only. The no. of customers satisfied with the fuel efficiency is very low.  Most of the Suzuki customers came to know about their vehicle through Advertisements only. The major media that attracted the customers is television.
  • 38. 38  The popularity shows that most of the customers would recommend Suzuki Access to the friends and relatives.  Peoples are very aggressive and enthusiastic to meet with brand promoter during event show.
  • 39. 39 RECOMMENDATION  Suzuki has to concentrate on new strategies for the promotion of Suzuki bikes. As it is a newly launched model of the Suzuki it is the time to capture market of the economic segment. Currently Access is having a good response in the market.  Suzuki has to rectify some features as they are not upto date in industry. Everyone who had a look at the Bike likes it, after seeing the color and shape they are not showing much interest interest.  Suzuki has to utilize the media for the promotion of their products . For the reaching of the target audience media is the best way. Through promotion will go to the long distances..  Please try to increase the number of Service centers. And keep Service Stations at main interior locations of the city where customers feel it easy and nearby to go to service centers.  Please provide information about new Bikes along with their price lists at least once in 6 months.  Advertisements through televisions can influence many categories of people. So try to concentrate on this segment. We don’t see or find much of the Suzuki Bike advertisements in T.V. “Suzuki ACCESS”.  Try to provide financial facility of all customers at minimum interest. .
  • 40. 40 LIMITATION The present study is subjected to following limitation.  During the study I met a lot of customer some were intender and some were owner.  The sample was restricted to only one dealer of Suzuki motors, which may restrict the scope and completion of study.  The scope of is restricted only to the Jabalpur city.  Shortness of time and due to privacy some customers were unable to entertain.
  • 41. 41 CONCLUSION The study, which I conducted on the “In-depth Analysis of Suzuki Motors Ltd”. in the area of Marketing has been a very gratifying experience at the outset, the objectives were to cover the whole marketing strategies. The entire report has been effort to do just that. Through out the study I found Suzuki bikes are very new & use modern technology in their bikes. As a result they give better performance then other bikes in the market & required less maintenance. Suzuki also provides good after sale service to the customer. Suzuki has managed to put in spectacular performance going from strength to strength despite increase in competition, the company’s sales have witnessed an up trend, registering an average growth of 42% in the three years under review. Suzuki has managed to achieve this because of its strong brand image and proven product quality underpinned the performance growth in recent years. Apart from the strong brand “Access” the company’s presence across the spectrum of the motorcycle market helped it exploit the growing demand vehicles. At the lower, end, the company has Hayate at the middle level passion & joys. The Bixxer range is targeted, at the premium segment. Thus one may say that the marketing strategies adopted by Suzuki have really paid-off, as the company has constantly managed to increase its market share and also increase its sales .Which is really amazing for a company which has been a market leader to maintain its strong position in the wake of growing competition from its competitors who have been trying to grab a strong share in the market by launching latest technology products. Last three data show that demand of Suzuki bikes increase & market trends indicated that in future more demand for suzuki bikes expected.
  • 42. 42 BIBLIOGRAPHY BOOKS  Marketing Management – Kotler Philip  Marketing – Ghandhi J. C.  Principles of Marketing – Palmer Adrian  Marketing Management – Ramaswamy V. S. WEB SITES  www.suzukimotors.com  www.indianinfoline.com  www.premjis.com  www.sirindia.com