Chapter - 1: Meaning
Chapter - 1: Meaning
INTRODUCTION
MEANING
Customer satisfaction means taking complete care of customer by giving them complete knowledge
about the product and about all the feature of that particular product Customer satisfaction is the end result of
your interaction with the customer. By giving the best customer service and making sure that the customer
was given the best resolution at the end of the call, then we can say that the customer is satisfied even if it's not
verbally said. According to me customers are those who pay (salary). Satisfaction is the key to hold the
customer for future business. Complete knowledge must be given; each and every query must be clarified by
the seller. If a customer remembers you for future business then we can say that customer is satisfied.
DEFINITION
Customer satisfaction, a term frequently used in marketing ,is a measure of how products and
services supplied by a company meet or surpass customer expectation. In a survey of nearly 200 senior
marketing managers, 71 percent responded that they found a customer satisfaction metric very useful in
managing and monitoring their businesses.
It is seen as a key performance indicator within business and is often part of a Balanced Score card.
In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key
differentiator and increasingly has become a key element of business strategy.
1
SEVEN STEPS
Attention to details.
Anticipate your client’s needs and go out of your way to help them out.
Serving your customer with a smile on your face, even when things don’t go right.
DEFINITION OF CUSTOMER
A person, company or other entity which buys goods and services produced by another person,
company or other entity.
The two wheeler industry has been growing steadily over the years all over the
world. The global market for two-wheelers has shown tremendous growth over the past
decade. Asia has accounted for the vast majority of growth, sales in the entire region growing
more than threefold over the past decade. India is not an exception for that. Today with
annual sales of 4.3 million units, the Indian two-wheeler market is the second largest in the
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world after china (annual sales of 10 million). The sector is divided into five major product
classifications: mopeds, motorcycles, scooters, step thrus and un-geared scooters. The
dominance of Cycles in the two-wheeler industry is a common trend in most parts of the
world. The reasons for this are product-specific as well as general. Fuel efficiency, riding
comfort, larger wheelbase and as a result higher resale value than that of scooters, are
features that make motorcycles more appealing to consumers than other categories. Today
market is a more customer oriented in the sense all the business operations revolve around
satisfying the customer by meeting their needs through effective service. Thus, business is
often dynamic, challenging and rewarding. It can also be frustrating and even disappointing
but never dull. For this following questions may arise regarding customer satisfaction. What
factor affects the two wheeler purchasing? What factor influences the customers? And so on.
To find the solution to these questions the study has been carried out.
3
1.2 COMPANY PROFILE
4
Yamaha Motor made its initial foray into India in 1985 as a joint-
venture. In August 2001, it became a 100% subsidiary of Yamaha Motor Co., Ltd, Japan
(YMC). In 2008, Mitsui & Co. Ltd. entered into an agreement with YMC to become a joint-
investor in India Yamaha Motor Private Limited (IYM).
Yamaha Motor India Pvt. Ltd. (YMI) is a 100% subsidiary of YMC and
functions as the regional headquarters and corporate control body of India business
operations for YMC. YMI is responsible for Corporate Planning & Strategy, Business
Planning & Business Expansion and Quality & Compliance Assurance of Yamaha India
Business.
5
Yamaha Motor India Sales Pvt. Ltd. (YMIS) is a 100% subsidiary of
YMC.YMIS is establised by YMC to provide sales and marketing services to
IYM.Headquartered in chennai, YMIS supports IYM to market and sell its motorcycles &
scooters in domestic as well as export markets.
Yamaha Motor Research & Development India Pvt. Ltd. (YMRI) is a 100%
subsidiary of YMC YMRI is established by YMC to provide R&D and product develpoment
sevices by IYM .Headquarted in surajpur, gautam budh nagar (U.P),YMRI is engaged in
developing new products for IYM for its domestic as well as export markets. YMRI is the
fifth overseas R&D headquarters for Yamaha Motor Group following Italy, Taiwan, China,
and Thailand.
VISION
MISSION
WE ARE COMMITTED TO
Be the Exclusive & Trusted Brand renowned for marketing and manufacturing
of YAMAHA products, focusing on serving our customer where we can build long term
relationships by raising their lifestyle through performance excellence, proactive design &
innovative technology. Our innovative solutions will always exceed the changing needs of
our customers and provide value added vehicles.
Build the Winning Team with capabilities for success, thriving in a climate for
action and delivering results. Our employees are the most valuable assets and we intend to
develop them to achieve international level of professionalism with progressive career
development. As a good corporate citizen, we will conduct our business ethically and socially
in a responsible manner with concerns for the environment. Grow through continuously
innovating our business processes for creating value and knowledge across our customers
thereby earning the loyalty of our partners & increasing our stakeholder value.
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CORPORATE SOCIAL RESPONSIBILITY POLICY
As a corporate entity, the Company recognizes that its business activities have wide
impact on the societies in which it operates, and therefore an effective practice is required
giving due consideration to the interests of its stakeholders including shareholders,
customers, employees, suppliers, business partners, local communities and other
organizations. The Company Endeavour to make CSR a key business process for sustainable
development. The Company is responsible to continuously enhance shareholders wealth and
it is also committed to its other stakeholders to conduct its business in an accountable manner
that creates a sustained positive impact on society. The Company is committed towards
aligning with nature; and has adopted eco-friendly practices.
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Yamaha's manufacturing competitiveness through the establishment of an R&D headquarters
in India.
CSR does not emanate directly from external demands but from organizationally
embedded processes. These processes prompt the organization to view its relationships with
stakeholders in a different perspective, which in turn influences its engagement with them.
The Board of Directors of the Company has devised social responsible business practices
under the general rules issued by the Ministry of Corporate Affairs for compulsory
implementation of CSR activities.
HISTORY
The automobile sector has been contributing its share to the shining economic
performance of India in the recent years. With the Indian middle class earning higher per
capita income, more people are ready to own private vehicles including cars and two
wheelers. Product movements and manned services have boosted in the sales of medium and
sized commercial vehicles for passenger and goods transport. Side by side with fresh vehicle
sales growth, the automotive components sector has witnessed big growth. The domestic auto
components consumption has crossed rupees 9000 crores and an export of one half size of
this figure
The Indian automobile industry is going through a technological change where each
firm is engaged in changing its processes and technologies to sustain the competitive
advantage and provide customers with the optimized products and services. Starting from the
two wheelers, trucks, and tractors to the multi utility vehicles, commercial vehicles and the
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luxury vehicles, the Indian automobile industry as achieved tremendous amount of success in
the recent years.
HISTORY OF THE ORGANIZATION
HISTORY
Yamaha's history goes back over a hundred years to 1887 when Torakusu Yamaha
founded the company, which began producing reed organs. The Yamaha Corporation in
Japan (then Nippon Gakki Co., Ltd.) has grown to become the world's largest manufacturer
of a full line of musical instruments, and a leading producer of audio/visual products,
semiconductors and other computer related products, sporting goods, home appliances and
furniture, specialty metals, machine tools, and industrial robots. The Yamaha Motor
Corporation, Ltd., begun on July 1, 1955, is a major part of the entire Yamaha group, but is a
separately managed business entity from the Yamaha Corporation.
Yamaha Motor India Pvt. Ltd. – It is a 100 percent subsidiary of Yamaha Motor
Company. This is the regional headquarter and corporate control body. It looks after the
corporate planning and strategy, business planning and expansion, quality control and
regional control of the Japanese manufacturer's business in India.
Motor India Sales Pvt. Ltd. – It is a 100 percent subsidiary of the Yamaha Motor Company. It
provides sales and marketing services. It is based in Chennai, Tamil Nadu.
Yamaha Motor Research and Development India Pvt. Ltd. – It is a 100 percent
subsidiary of Yamaha Motor Company. It looks after the R&D and the product development
services provided to Yamaha Motor India. It is responsible for developing new products for
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domestic as well as foreign markets. It is located in Surajpur, Gautam Budh Nagar, and Uttar
Pradesh.
Faridabad, Haryana
There are more than 800 Yamaha customer service centres and 400 dealership outlets across
29 states and four union territories of India.
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YAMAHA CURRENT MODELS
Yamaha Motor India deals in a wide range of motorbikes and two-wheeler scooters.
Here are the current models and their starting prices
MOTORCYCLES SCOOTERS
YZF-R15 Version 2.0 (149.8cc) – Rs. Ray (113cc) – Rs. 51,572
1,17,373
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Fazer (153cc) – Rs. 80,910 Ray Z (113cc) – Rs. 48,936
Fazer Version 2.0 (149cc) – Rs. 86,805 Alpha (113cc) – Rs. 48,747
FZ-S (153cc) – Rs.78,250
FZ-S FI Version 2.0 (149cc) – Rs 73,250
FZ (153cc) – Rs. 72,385
FZ FI Version 2.0 (149cc) – Rs. 79,596
SZ-S & SZ-RR (153cc) – Rs. 72,532
SZ - RR Version 2.0 (149cc) – Rs. 65,300
Saluto (125cc) – Rs. 52,000
SS125 (123cc) – Rs. 59,243
YBR125 (123cc) – Rs. 54,593
YBR110 (106cc) – Rs. 48,218
Crux (106cc) – Rs.41,086
YAMAHA FUTURE
Yamaha Motor Company and Yamaha Motor India Pvt. Ltd. have already reached
towering heights in the automobile industry in India, Japan and all over the world; however,
the company still strives hard to get better each day and provide their customers with the best
they can possibly have. The President of Yamaha Motor Company Hiroyuki Yanagi has
conveyed a message to the work force employed with Yamaha to work under its mission for
excellence.
The YMC President says, “We will establish YAMAHA as the 'exclusive & trusted
brand' of customers by 'creating Kando' (touching their hearts) - the first time and every time
with world class products & services delivered by people having 'passion for customers'. We
have to be the Exclusive & Trusted Brand renowned for marketing and manufacturing of
YAMAHA products, focusing on serving our customer where we can build long term
relationships by raising their lifestyle through performance excellence, proactive design &
innovative technology. Our innovative solutions will always exceed the changing needs of
our customers and provide value added vehicles.”
Won 2009 Apollo Tyres & Auto India Best Brand Award.
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ET Zigwheels conferred 2010 Bike of the Year on Yamaha SZ-X won.
ET Zigwheels conferred Best Executive 125cc Commuter Motorcycle of the Year 2010 on
Yamaha YBR-125.
Yamaha SZ-R won Motorcycle of the Year above 150cc at Bike India Awards 2011.
Yamaha Motor India won Two Wheeler Manufacturer of the Year at the NDTV Car & Bike
Awards in 2012.
Yamaha R15 Version 2.0 won 2012 Bike Variant of the Year at Bike India Awards.
Yamaha Alpha won Scooter of the Year at Bike India Awards 2015.
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1.3 PRODUCT PROFILE
Yamaha YZF R15 Yamaha YZF R15 V3
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RS.88, 143 ONWARDS
Yamaha Alpha
Yamaha Saluto
15
RS.67, 803 ONWARDS
RS.3.27 LAKHS ONWARDS
16
RS.3.00 LAKHS ONWARDS
RS.20.73 LAKHS ONWARDS
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CHAPTER-2
REVIEW OF LITERATURE
THEORY AND CONCEPTS OF CUSTOMER SATISFACTION
Marketing
Two major factors of marketing are the recruitment of new customers (acquisition)
and the retention and expansion of relationships with existing customers (base management).
Once a marketer has converted the prospective buyer, base management marketing takes
over. The process for base management shifts the marketer to building a relationship,
nurturing the links, enhancing the benefits that sold the buyer in the first place, and
improving the product/service continuously to protect the business from competitive
encroachments.
For a marketing plan to be successful, the mix of the four "Ps" must reflect the wants
and desires of the consumer s or Shoppers in the target market. Trying to convince a market
segment to buy something they don't want is extremely expensive and seldom successful.
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Marketers depend on insights from marketing research, both formal and informal, to
determine what consumers want and what they are willing to pay for it. Marketers hope that
this process will give them a sustainable competitive advantage. Marketing management is
the practical application of this process. The offer is also an important addition to the 4P's
theory.
Product focus
In a product innovation approach, the company pursues product innovation, and then
tries to develop a market for the product. Product innovation drives the process and
marketing research is conducted primarily to ensure that a profitable market segment(s) exists
for the innovation. The rationale is that customers may not know what options will be
available to them in the future so we should not expect them to tell us what they will buy in
the future. However, marketers can aggressively over-pursue product innovation and try to
overcapitalize on a niche. When pursuing a product innovation approach, marketers must
ensure that they have a varied and multi-tiered approach to product innovation. It is claimed
that if Thomas Edison depended on marketing research he would have produced larger
candles rather than inventing light bulbs. Many firms, such as research and development
focused companies, successfully focus on product innovation (Such as Nintendo who
constantly change the way Video games are played). Many purists doubt whether this is
really a form of marketing orientation at all, because of the ex post status of consumer
research. Some even question whether it is marketing.
* An emerging area of study and practice concerns internal marketing, or how employees
are trained and managed to deliver the brand in a way that positively impacts the acquisition
and retention of customers (employer branding).
* Diffusion of innovations research explores how and why people adopt new products,
services and ideas.
* A relatively new form of marketing uses the Internet and is called internet marketing or
more generally e-marketing, affiliate marketing, desktop advertising or online marketing. It
typically tries to perfect the segmentation strategy used in traditional marketing. It targets its
audience more precisely, and is sometimes called personalized marketing or one-to-one
marketing.
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* With consumers' eroding attention span and willingness to give time to advertising
messages, marketers are turning to forms of Permission marketing such as Branded content,
custom media and Reality marketing.
Customer focus
Many companies today have a customer focus (or customer orientation). This implies
that the company focuses its activities and products on consumer demands. Generally there
are three ways of doing this: the customer-driven approach, the sense of identifying market
changes and the product innovation approach.
In the consumer-driven approach, consumer wants are the drivers of all strategic
marketing decisions. No strategy is pursued until it passes the test of consumer research.
Every aspect of a market offering, including the nature of the product itself, is driven by the
needs of potential consumers. The starting point is always the consumer. The rationale for
this approach is that there is no point spending R&D funds developing products that people
will not buy. History attests to many products that were commercial failures in spite of being
technological breakthroughs.
The SIVA Model provides a demand/customer centric version alternative to the well-
known 4Ps supply side model (product, price, place, promotion) of marketing management.
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CHAPTER-3
RESEARCH METHODOLOGY AND OBJECTIVES
RESEARCH METHODOLOGY
Descriptive research is followed in this research. The universe of the population
includes the respondents who are the customers of Yamaha bikes, located at Tirupathi. The
samples (i.e. sample size 120) were selected among the customers of Yamaha show rooms,
located at Tirupathi for this research. The samples were chosen from the population, by using
Convenience sampling technique (i.e. Non-probability sampling technique), because the
exact population size is unknown and the accessibility of the customer is difficult. Survey
method of data collection was used in this research. The primary data were collected using
questionnaires.
In world of marketing, it is essential to know the pros & cons of the product that has
been launched in the market. Today's market has become a war of stalwarts; any lean feature
will kick out the product out of the fray. As customers become the king of market, the study
is an attempt to know the exact expectation of customer attitude towards two wheeler
vehicles in Tirupathi city based on performance and mileage and also other factors
influencing the purchase of Yamaha vehicle.
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3.2 OBJECTIVES OF THE STUDY
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3.3 SCOPE OF THE STUDY
The research was carried out to find factors which influence customer satisfaction
level to maximum level. The study projects that customer satisfaction level change with
change in various factors like during sales evaluation, during delivery of the vehicle and after
sales evaluation .The research is an attempt to provide feedback to motorcycle manufacturer
Yamaha motors India Ltd. so that they can bring about changes in various departments of
their organization which will help them in becoming Number 1 motorcycle brand in India.For
instance during research factors such as technology, maintenance, looks, style, brand image,
behavior of dealers, timely delivering of documents and bike and proper information about
the product were considered.
This research would give necessary details to Yamaha motors so that it could know
the various factors that affect customer satisfaction level and then initiate appropriate changes
to make it Number 1 motorcycle brand in India.
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3.4 METHODOLOGY OF THE STUDY
The data has been collected on the basis of the different sources in order to achieve
the object of the project.
Source of Data
Primary Data: Data has collected through survey by sending the
questionnaires through direct contact.
Secondary Data: Data is collected through journals, company website,
magazines etc.,
Research Problem
To view the customer satisfaction level of two wheeler vehicles in Yamaha.
Research Process
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Analysis of data
The data was collected from various people was segregated into various categories in
order to analyze it. Analysis was done based on more than 22 parameters.
Generalization and interpretation
Data was tested and upheld several times, and then generalizations were drawn from the
analysis.
Preparation for the report
Lastly report about the project is made.
RESEARCH DESIGN
Exploratory research design
Exploratory research is research conducted for a problem that has not been studied
more clearly, intended to establish priorities, develop operational definitions and
improve the final research design. Exploratory research helps determine the best
research design, data-collection method and selection of subjects.
Focus group
Primary data analysis
Collection of data
Qualitative Data
Qualitative Data are types of information that have aspects that are unable
to be measured, or are found to be approximations. The qualitative data
analysis that the researchers performed last month also took into account
quantitative factors such as size and scope.
Questionnaires
Survey
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SAMPLE DESIGN
Sampling may be defined as the selection of the some part of an aggregate or totality on the
basis of which a judgment or interference about the aggregate or totality is made .It is the
process of obtaining information about entire population by examining only a part of it in
which generalizations or influences are drawn based on the sample about the parameter of
population from which samples are taken.
Sample Size
A total of 120 people have been questioned for the purpose of filling up the
questionnaire
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3.4 LIMITATIONS OF THE STUDY
The study is conducted in Yamaha show rooms located in Tirupathi with 120
respondents.
The respondent’s response may have the bias, which may not give true picture about
the chosen research topic.
The sampling unit chosen is Yamaha bike show rooms located in Tirupathi, the
survey result may vary in other locations, based on the kind of services provided at
other stores.
The seriousness of the respondents and their ability to justify their answers may also
be a limitation.
The sample size is small due to the specified reasons.
Findings are based on sample survey.
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CHAPTER-4
DATA ANALYSIS AND INTERPRETATION
TABLE-4.1: AGE GROUPS
AGE RESPONDEN
GROUPS TS % OF RESPONDENTS
18-35 64 54
26-35 24 21
36-45 14 12
46-55 above 16 13 GRAPH-4.1:
TOTAL 120 100 REPRESENTS THE
AGE GROUPS
140
120
120
100
100
80
64 respondents
60 %
53.33
40
24
20
20 14 11.67 16 13.33
0
18-35 26-35 36-45 46-55 above TOTAL
INTERPRETATION
It represents the consumers between the age of 18 -25 are mostly using these Yamaha bikes
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TABLE-4.2: OCCUPATION OF YAMAHA BIKE USERS
OCCUPATION
S RESPONDENTS % OF RESPONDENTS
Students 48 58
private employees 38 46
govt.employees 15 18
self employees 13 16
Others 6 7
TOTAL 120 100
120
120 100
100
80
60 48 40
38 32 RESPONDENTS
40 % OF RESPONDENTS
13 11
15 13 5
20 6
INTERPRETATION
It shows that the students are mostly using the Yamaha bikes.
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TABLE-4.3: CUSTOMERS BASED ON INCOME LEVEL
% OF
RESPONDENT
INCOME RESPONDENT
S
S
15000 38
32
20000 8 7
30000 10 8
16
Below40000 13
48
no income(student) 40
120 100
TOTAL
120
120
100
100
80
32
60 38
40
40 7 48
8 13
8 RESPONDENTS
20 10 16 % OF RESPONDENTS
0
% OF RESPONDENTS
RESPONDENTS
INTERPRETATION
From the previous statistics we found that mostly students and people ageing from 18-25 are
using Yamaha bikes more who mostly will not have jobs because they are still studying.
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TABLE-4.4: ON WHAT SOURCE THEY CAME TO KNOW ABOUT
YAMAHA
RESPONDENT % of
SOURCE
S RESPONDENTS
Friends 78 65
Family 22 18
Media 6 5
company
9 8
executive
Others 5 4
TOTAL 120 100
250
200
150
% of RESPONDENTS
RESPONDENTS
100
50
0
Friends Family Media company executive Others TOTAL
INTERPRETATION
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TABLE-4.5: WHICH MODELS OF YAMAHA BIKES DO YOU OWN
RESPONDENT % OF
MODELS
S RESPONDENTS
Alba 3 2
libero 7 6
rx-100 8 7
rx-135 6 5
rx-z 4 3
Fazer 20 17
yzr-R15 12 10
Salute 5 4
saluto-RX 4 3
Crux 5 4
fz-s 32 27
Alpha 2 2
ray-z 3 3
ray-ZR 4 3
Fascino 5 4
TOTAL 120 100
200
150
100 % OF RESPONDENTS
RESPONDENTS
50
INTERPRETATON
It shows that the consumers are mostly using fz-s brand of Yamaha bikes
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TABLE4.6: ARE YOU SATISFIED TOWARDS THE PRICE OF
YAMAHA BIKES
% OF
FREQUEN RESPONDE RESPONDE
CY NTS NTS
Yes 104 87
No 16 13
TOTAL 120 100
120 120
104
100 100
87
80
60
RESPONDENTS
% OF RESPONDENTS
40
20 16
13
0
yes
no
TOTAL
INTERPRETATION
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TABLE-4.7: HOW DO FIND YAMAHA BIKES COMPARED TO
OTHER BIKES
% OF
FREQUENCY RESPONDENTS RESPONDENTS
Excellent 8 7
Good 74 62
Better 18 15
Average 16 13
not satisfied 4 3
TOTAL 120 100
40
20 18 15 16 13
8 7
4 3
0
excellent good better average not satisfied TOTAL
INTERPRETATION
It shows that the comparison level between the Yamaha bikes and other bikes is overall good
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35
TABLE-4.8: ARE YOU SATISFIED TOWARDS THE AVAILABILITY
OF VEHICLE AT SPECIFIC TIME
% OF
FREQUEN RESPONDEN RESPONDEN
CY TS TS
yes 98 82
no 22 18
TOTAL 120 100
Yes no
120
100 98
80 82
60
40
20 22
18
0
RESPONDENTS % OF RESPONDENTS
INTERPRETATION
36
TABLE-4.9: CONSUMER OPINION REGARDING PERFORMANCE
OF YAMAHA BIKES
% OF
PERFORMA RESPONDE RESPONDE
NCE NTS NTS
Excellent 6 5
Good 58 48
Average 32 27
Satisfactory 13 11
not good 11 9
TOTAL 120 100
250
200
150
100
50
0
excellent good average satisfactory not good TOTAL
INTERPRETATION
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TABLE-4.10: GIVE A CHANCE TO IMPROVE ONE THING IN
YAMAHA BIKES WHAT WOULD YOU CHOOSE
140
120
100
80
60
40
20
0
mileage pick-up comfort style technology price colour TOTAL
RESPONDENTS % OF RESPONDENTS
INTERPRETATION
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TABLE-4.11: WHAT WILL YOU RATE THE BODY STYLE, DESIGN
AND LOOK OF YAMAHA
250
200
150
% of respondents
RESPONDENTS
100
50
0
excellent good average poor TOTAL
INTERPRETATION
The above charts shows that the overall rating of body styles, design and look is overall good.
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TABLE-4.12: AFTER TEST RIDE WHAT DO YOU FEEL ABOUT THE
DRIVING COMFORT OF YAMAHA BIKES
FREQUEN RESPONDEN
CY TS % OF RESPONDENTS
excellent 48 40
good 63 53
average 7 6
poor 2 2
TOTAL 120 100
120
100
80
60
40
20
0
EXCELLENT % OF RESPONDENTS
GOOD
AVERAGE RESPONDENTS
poor
TOTAL
INTERPRETATION
The above chart show that the feeling after test ride is good.
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TABLE-4.13: HOW DO YOU FEEL ABOUT THE BREAKING SYSTEM
SAFETY FEATURES AND TANK CAPACITY OF YAMAHA BIKES
% OF
FREQUEN RESPONDE RESPONDE
CY NTS NTS
excellent 42 35
good 73 61
average 3 3
poor 1 1
TOTAL 120 100
250
200
150
100
50
0
excellent good average poor TOTAL
RESPONDENTS % OF RESPONDENTS
INTERPRETATION
The above diagram shows that the overall features of the Yamaha bikes are good.
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TABLE-4.14: WHAT FEATURE ATTRACTING YOU IN THE
YAMAHA BIKES
120
100
80
60
40
20
0
style riding comfort suspension acceleration others TOTAL
RESPONDENTS % OF RESPONDENTS
INTERPRETATION
The above chart reveals that the attracting feature in Yamaha bikes is style.
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TABLE-4.15: DID THE SHOW ROOM PEOPLE EXPLAINED YOU
ABOUT THE FEATURES AND PRICE IN DETAIL
140
120 120
100 98 100
80 82
RESPONDENTS
% F RESPONDENTS
60
40
20 22
18
0
YES no TOTAL
INTERPRETATION
It shows that the show room people are explained about the price and features in very good
manner.
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TABLE-4.16: AWARENESS ABOUT FREE SERVICES
100%0
90%
80%
70% 0
60%
0.55
50%
40%
30% 0
20% 0.55
10%
0%
yes
0.55
no
TOTAL
RESPONDENTS % of respondents
INTERPRETATION
It shows that the awareness about free services are overall satisfied by the customers.
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TABLE-4.17: RATING OF FREE SERVICES
RESPONDENT
SERVICE RATING S %OF RESPONDENTS
Excellent 22 18
Good 53 44
Average 18 15
Satisfactory 19 16
not good 8 7
TOTAL 120 100
120
100
53
44
22 19
18 18 15 16
8 7
INTERPRETATION
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TABLE-4.18: SATISFACTION LEVEL TOWARDS THE
AVAILABILITY OF SPARE PARTS
% OF
SPARE PARTS RESPONDE RESPONDE
AVAILABILITY NTS NTS
Yes 96 80
No 24 20
TOTAL 120 100
RESPONDENTS; 96
100
90 % OF RESPONDENTS; 80
80
70
RESPONDENTS; 24
60
% OF RESPONDENTS; 20
50
40
30
20 no
10
0
RESPONDENTS yes
% OF RESPONDENTS
INTERPRETATION
In almost all the show rooms spare parts were available and the result was almost positive
towards.
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TABLE-4.19: IS PAID AND FREE SERVICES ARE GIVEN SAME
IMPORTANCE IN YAMAHA
250
200
100
150
68
100
32 120
50
81
39
0
yes no TOTAL
RESPONDENTS % OF RESPONDENTS
INTERPRETATION
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TABLE-4.20: ARE YOU SATISFIED AFTER SALE SERVICE
PROVIDING BY YAMAHA
TOTAL
not good
average
satisfactory
good
excellent
0 20 40 60 80 100 120
INTERPRETATION
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TABLE-4.21: DO YOU SUGGEST YAMAHA BIKES TO OTHERS
% OF
DO YOU SUGGEST YAMAHA TO OTHERS RESPONDENTS RESPONDENTS
Yes 114 95
No 6 5
TOTAL 120 100
140
120 120
100 100
80
RESPONDENTS
% OF RESPONDENTS
60
40
20
0
0.5 1 1.5 2 2.5 3 3.5
INTERPRETATION
49
CHAPTER-5
FINDINGS, SUGGESTIONS & CONCLUSION
5.1 FINDINGS
From this survey it is found that the satisfaction level of customers in various
categories like different age group, gender, income levels, and factors influencing
them to buy Yamaha and satisfaction level on various factors.
Coming to the satisfaction based on mileage the result was bad towards Yamaha.
The performance was good and as well as servicing is also good.
Service is not good as almost half gave other than good responses.
Friends are the major influencers in buying decision making process.
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5.2 SUGGESTIONS
Launch of new and different brands may turn the market oligopolistic but we
definitely increase the market share.
Looks and style must not be over stressed as compared to quality and mileage
360 degrees marketing approach with aggressive promotional campaigning’s should
be followed.
Focus more on mileage bikes as the style and performance are playing the major role.
Company should focus more on the timely availability of vehicles for the customers.
Focus should be on teenagers, young and executives as they represent largest portion
of the bike user segment.
Yamaha should introduce new vehicles in the market.
Provide better sales follow up which almost every brand.
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5.3 CONCLUSION
We conclude that from the survey we have done the Yamaha bikes are well known for
their designs and performance and the satisfaction is high towards all other factors except
mileage. Youth is the target for Yamaha, if Yamaha satisfied its customers with the mileage
and free service.
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QUESTIONNAIRES
2. Age group
a.yes b. no
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9. Are you satisfied towards availability of vehicle at specific time
a.yes b.no
12. What will you rate the body style design and look of Yamaha
13. After test ride what do you feel about the driving comfort of Yamaha bikes
14. How do you feel about the braking system, safety features and tank capacity of Yamaha
bikes
16. Did the showroom people explained you about the features and the price in detail?
a.yes b. no
a.yes b.no
a.yes b.no
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20. Is paid and free services are given same importance in Yamaha?
a.yes b. no
21. Are you satisfied for after sales services provided by Yamaha?
a.yes b. no
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BIBILIOGRAPHY
Kotler Philip, Keller Lane Kvin "Marketing Management" 12th edition Pearson
Education. Ramaswamy V.S., Namakumari S. "Marketing Management" 3rd edition
2006 Macmillan Publications.
Kumar Arun, Minakshi N. "Marketing Management" Vikash Publication 1st edition
2006.
Kolter Philip, Koshy Abraham, "Marketing Management" 13th edition Pearson
Education.
Economic times
Monthly journals
International Journal of Core Engineering & Management (IJCEM)
EXCEL international journal of multidisciplinary management studies (EIJMMS)
IOSR Journal of business and management (IOSR-JBM)
WEBSITES
www.google.com
www.wiki.com
www.yahoo.com
www.yamahamotorindia.com
www.slideshare.net
www.scribd.com
www.academia.edu
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