Moksh PDF
Moksh PDF
I am thankful to all the people who have directly or indirectly helped me in the successful
completion of my project.
whose able guidance I could complete my project successfully. He was very helpful and
I am also thankful to Prof.Honey Dhussa for his extremely valuable guidance and cooperation to
complete my project.
I express my deep sense of gratitude to him for providing me all the support and guidance during
I also thank the employees of Malaisoodi tyres for their valuable suggestion and cooperation.
CHAPTER 1:
I.
INTRODUCTION
CONTENTS:
MRF Tyres and Service Franchise
08
II.
STATEMENT OF THE PROBLEMS
12
III.
OBJECTIVES OF THE STUDY
13
CHAPTER 2:
I. LITERATURE REVIEW
16
III.
INDUSTRY PROFILE
18
IV.
PRODUCT CATEGORY IN TWO WHEELER SEGMENT
32
V.
COMPANY PROFILE
42
VI.
RESEARCH METHODOLOGY
51
CHAPTER 3:
I.
FINDINGS
II. SUGGESTIONS
CHAPTER 5:
MRF Tyres and Service Franchise
67
69
II.
NEW BUSINESS EXPANSION.
74
III.
TECHNOLOGY COMPETITIVE ADVANTAGE.
76
CHAPTER 6:
I. CONCLUSION
II. QUESTIONNAIRE
III.
BIBLIOGRAPHY
IV.
APPENDIX
89
90
93
94
CHAPTER I
MRF Tyres and Service Franchise
INTRODUCTION
INTRODUCTION
MRF Tyres and Service Franchise
The main object of every organization is to earn more profit, to achieve this object the
organization should increase its sales by getting more customer and the only way to get more
customer is that the organization should provide expected satisfaction to the customers.
Here the word customer satisfaction means "the utility which customer expect from the product"
MRF manufactures the largest range of tyres in India and enjoys the highest brand preference for
superior quality, company manufactures the largest range of tyres in India and is the market
Since 1984 MRF tyres has consistently been chosen as oem fitment by almost every major car
manufacturer in India apart from tyres MRF also manufacturer conveyor belts, pretreads and
Here every customer of MRF is getting satisfaction and it may analyzed by the following
information
MRF own No. 1 award for customer satisfaction by J.D Power Asia pacific for
2001&2002
It is also created good brand name in other countries also, and it is the first Indian
company to export tyres to the US, the very birthplace of tyre technology. It is the first
MRF is providing huge number of products to the customer as per the requirement and
need.
• They provide more warranties to the customers and it will shows that the
company has
So as per the above information it found that the customer satisfaction towards MRF tyres is
good
Profit earning has become one of the important objectives of each and every
company.
It is very easy to attract new customers but retaining old customer is too difficulty only
A person enters a showroom when he wants to purchase tyres, but before purchasing
tyres he consults so many persons about tyre. Like about price, quality, service etc, and then
he
If he finds any problem with tyres, he may change his positive attitude into negative
Considering, all above points, I have decided "To study the Customers Satisfaction
Objectives are:
Tuticorin.
3. To know the satisfaction level of the customer with the MRF tyres.
SCOPE:
The study is purely based on the survey conducted in Tuticorin city and has focused on
customers. The study covers the information about the mind set which may varies from situation
& where the respondents may not be able to give required and accurate information.
LIMITATIONS:
1.
2.
3.
Due to respondents busy schedules, the interests shown by respondents to answer the
questionnaire may be less. This may have resulted in collecting inaccurate information.
Due to time and cost constraint the sample size selected is 100.
The selected sample size is small as compared to the total number of customers. Hence
the obtained result may not be accurate as it may not represent the whole population.
4.
The project is open for further improvement of the work.
CHAPTER II
MRF Tyres and Service Franchise
Literature Review
Customer satisfaction
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.
Measuring customer satisfaction
Organizations are increasingly interested in retaining existing customers while targeting non-
customers; measuring customer satisfaction provides an indication of how successful the
organization is at providing products and/or services to the marketplace.
Customer satisfaction is an ambiguous and abstract concept and the actual manifestation of the state of
satisfaction will vary from person to person and product/service to product/service. The state of
satisfaction depends on a number of both psychological and physical variables which correlate with
satisfaction behaviors such as return and recommend rate. The level of satisfaction can also vary depending on other
options the customer may have and other products against which the customer can compare the
organization's products.
Because satisfaction is basically a psychological state, care should be taken in the effort of quantitative
measurement, although a large quantity of research in this area has recently been developed.
Work done by Berry (Bart Allen) and Brodeur between 1990 and 1998 defined ten 'Quality Values'
which influence satisfaction behavior, further expanded by Berry in 2002 and known as the ten
domains of satisfaction. These ten domains of satisfaction include: Quality, Value, Timeliness,
Efficiency, Ease of Access, Environment, Inter-departmental Teamwork, Front line Service Behaviors,
Commitment to the Customer and Innovation. These factors are emphasized for continuous improvement
and organizational change measurement and are most often utilized to develop the architecture for
satisfaction measurement as an integrated model. Work done by Parasuraman, Zeithaml and Berry
(Leonard L) between 1985 and 1988 provides the basis for the measurement of customer satisfaction
with a service by using the gap between the customer's expectation of performance and their
perceived experience of performance. This provides the measurer with a satisfaction "gap" which is
objective and quantitative in nature. Work done by Cronin and Taylor propose the
"confirmation/disconfirmation" theory of combining the "gap" described by Parasuraman,
Zeithaml and Berry as two different measures (perception and expectation of performance) into a single
measurement of performance according to expectation. According to Garbrand, customer satisfaction
equals perception of performance divided by expectation of performance.
The usual measures of customer satisfaction involve a survey with a set of statements using a Likert
Technique or scale. The customer is asked to evaluate each statement and in term of their perception
and expectation of performance of the organization being measured.
TICSS Service Quality Model uses the 5 P's Policy, Processes, and People, Premises,
Product/Services, as well as performance measurement. The implementation of a customer service
standard should lead to higher levels of customer satisfaction, which in turn influences customer
retention and customer loyalty.
Customer
Loyalty
Customer
satisfaction
Employee satisfaction
and competence
Superior service
delivery
A young entrepreneur, K.M. Mammen Mappillai, opened a small manufacturing unit where
balloons, latex cast squeaking toys and industrial gloves were manufactured... little did he
realize then that the company he started would grow to become the no.1 tyre manufacturer in
India.
MRF established its first office in 1949 at Chennai, Tamil Nadu, and India. The company began
as a manufacturer of toy balloons and other rubber products and then later on moved to
MRF manufactures the largest range of tyres in India and enjoys the highest brand
preference for superior quality, company manufactures the largest range of tyres in India and is
the market leader with the largest market share it tyre industry.
Since 1984 MRF tyres has consistently been chosen as oem fitment by almost every major car
manufacturer in India apart from tyres MRF also manufacturer conveyor belts, pretreads and
The milestones achieved while being such a progressive and vibrant company, is also recognized
No. 1 award for customer satisfaction by J.D Power Asia pacific for 2001&2002
Chart 1
Commercial vehic
tyres 78%
INDIAN TYRE INDUSTRY
Passenger vehicle
tyres
22%
Others
20%
MHCV
LOV
Tractors
50%
7%
Pas cars &
MUN 11%
Motorcycle 7%
Scooter
ADV
OTR
Industrial
4%
DE
14%
39%
52%
17%
Replacement 50%
Exports
53%
52%
55%
47%
56%
21%
Govt sales 2%
The Indian Tyre Industry produced 736 lakh units of tyres (11 lakh tones) garnering Rs.
19000 crores in FY07. MRF Ltd. was the market leader (22% market share) followed closely by
Apollo Tyres Ltd. (21%). The other major players were JK Tyre & Industries (18%) and Ceat
Ltd.(13%). The Indian tyre industry is characterized by its raw material intensity (raw material
costs account for approximately 70% of operating income), capital intensity, and cyclicality,
fierce competition among the top players, low bargaining power and resulting low margins. The
top players are now focusing on branding their products and strengthening their distribution
network so as to increase their market share.
The industry derives its demand from the automobile Industry. While OEM market off
take is dependent on the new vehicle sales, replacement market demand depends on the total
population of vehicles on road, road conditions, vehicle scrapping rules, overloading norms for
trucks, average life of tyres and prevalence of tyre retreading.
The main category of tyres produced in the country is that of Truck & Bus tyres. These
tyres accounted for 57% of the total tyre tonnage production in FY07 followed by LCV tyres
which accounted for 9% of the total tyre tonnage production. Approximately 53% of the total
tyre tonnage off take was by the replacement market, 31% by OEM and 15% by the export
market in FY07. The industry tonnage production registered a 5 year CAGR of 9.69% between
FY 02-07. The largest category of Truck & Bus tyres recorded a 5 year CAGR of 7.85% (slower
than the industry) while Light Commercial Vehicle (LCV), motorcycle and car tyre categories
grew at 15%, 16% and 14% respectively (faster than the industry). Off the road (OTR) tyre
category (customized tyres) which fetch a higher margin compared to other tyre categories, is the
The OTR tyre category has registered a 5 year CAGR of over 20% in the last five years.
Most of the top players are increasing their capacity for the production of OTR tyres so as to
The exports from the country clocked a CAGR of 13% in unit terms and 18% in value
terms in the period FY 02-07. Most of these tyres that are exported are of cross ply design. With
radicalization catching up in some of these markets, the Indian manufacturers will need to
graduate to production and export of radial tyres so as to protect their share in the export market.
Only the car tyre market has moved to radial tyres (95%) but in all other categories,
cross ply tyres are still preferred. Poor road conditions, overloading in trucks, higher cost of
radial tyres and poor awareness of the tyre users are the main reasons for the non transition of the
domestic market to radial tyres. However, going ahead radicalization in truck & bus tyres may
20
15
10
MHCV
LCV
Car
MUV
Tractor front Tractor rear
Motorcycle
The Indian Tyre Industry produced 736 lakh units of tyres (11 lakh tones) garnering Rs. 19,000
crores in FY 07. MRF Ltd. was the market leader (22% market share) followed closely by
Apollo Tyres Ltd. (21%). The other major players were JK Tyre & Industries Ltd (18%) and
Ceat Ltd. (13%). The industry tonnage production registered a 5 year CAGR of 9.69% between
FY 02-07-
Truck & Bus tyre category (accounting for 57% of the tonnage production) recorded a 5 year
CAGR of 7.85% (a rate slower than that of the industry) while Light Commercial Vehicle
(LCV), Motorcycle and Car tyre categories grew at 15%, 16% and 14% respectively (at rates
faster than that of the industry). Off the road (OTR) tyres (customized tyres which fetch a higher
margin compared to other tyres) category is growing at a fast pace. The OTR tyre category
registered a 5 year CAGR of over 20% in the last five years. Most of the top players are
increasing their capacity for the production of OTR tyres so as to improve their product mix, for
e.g. CEAT Ltd. is increasing its OTR capacity at its Nasik plant from 60,000 to 1,00,000 tyres by
end 2008, JK Tyre & Industries is expanding its OTR capacity from 25,000 tyres to 42,000 tyres
by end 2008, even smaller player like Falcon tyres is making its foray into the OTR category.
The exports from the country clocked a CAGR of 13% in unit terms and 18% in value terms in
the period FY 02-07. Most of these tyres that are exported are of cross ply design. With
radicalization catching up in some of these markets, the manufacturers will need to graduate to
radial tyres so as to protect their share in the export market. Radicalization of tyres is still
minimal in India. Only the car tyre market has moved to radial tyres (95%) but in all other
categories cross ply tyres are still preferred. Poor road conditions, overloading in trucks, higher
initial cost of radial tyres and poor awareness levels in tyre users are the main reasons for the non
transition of the domestic market to radial tyres. However, going ahead, radicalization in truck &
CARE Research expects the tyre industry to register a tonnage growth of 9-10% in the next five
years (FY 07-12). The truck & bus and LCV tyre category are expected to register a CAGR of
MARKET PLAYERS
International
MRF Tyres and Service Franchise
Indian
%
%
MRF
22.00%
Michelin
20.01%
Apollo
20.00%
Brighestone
18.04%
JK Tyres
19.00%
Goodyear
16.09%
Ceat
16.00%
Birla
7.00%
Goodyear
6.00%
Registered Office
Phone
Primary Industry
Total Employees
Business Summary
Birla Tyres
Shivam Chambers 53,
+91-33-22814516
Tyre Manufacturers
30
Birla Tyres entered the Indian tyre market in 1991. The manufacturing facilities are located at Balasore in
Orissa. In ten years of operation, it has scaled new heights of productivity. The initial capacity of 1 million
tyres per annum has since been enhanced to 1.5 million tyres per annum. The new millennium saw it roll
out high performance Steel Belted Car and L.C.V.
radials, using state-of-the-art machines with the latest technology from the world famous Pirelli of Italy.
The continuous quest for excellence saw the Birla Tyres team add many feathers to its cap. It has received
ISO 9001, ISO 14000 and QS 9000 certification.
Publicly traded
Contact Persons
Name
Executive Team
Executive Name
Company Website
No
Phone
+91-33-22814516
Designation
http://www.birlatyre.com/
Email
ho@birlatyre.com
Phone
JK Tyre & Industries Ltd. - Company Profile.
Exchanges: BOM
2007 Sales: 27,652,000,000
Major Industry: Chemicals
Sub Industry: Rubber & Tire Mfrs.
Country: INDIA
Employees:
Business Description
JK Tyre & Industries Ltd. Formerly known as J.K.Industries Limited. The Group's principal activity is to design, develop,
manufacture and market of conventional and radial tyres, tubes and flaps. It manufactures truck and bus radials, steel radials
for cars, LCV, trucks and bus. Its radial brands of the Group include Ultimo and Rally.
Apollo Tyres Limited is the premier tyre manufacturing company in India. In truck tyres it has more than 30% market
share. The brand XT7 became the largest selling truck tyre in the country. The vision of the company is to be a leader
in the Indian tyre industry and a significant global player.
Quick Facts
Country
Industry
India
Tyre manufacturing
Listings & its codes
NSE: APOLLOTYRE; BSE: 500877
Head Office
Registered Office
Website
MRF Tyres and Service Franchise
www.apollotyres.com
Bridgestone
The Bridgestone Group (the parent company Bridgestone Corporation and its consolidated subsidiaries) constitutes the world's
largest manufacturer of tires and rubber products. The parent company was established in 1931 in the small town of
Kurume on the island of Kyushu in Japan. Today, the Bridgestone Group has manufacturing bases in 25 countries
and sells products in over 150 countries worldwide. Tires accounted for about 80% of consolidated sales in 2006, with the
remainder made up of a varied range of industrial and consumer products, together with bicycles and other sporting goods.
Headquarters Telephone
1-10-1 Kyobashi, Chuo-ku, Tokyo 104-8340 JAPAN +81-3-
3567-0111
Stock Code - TSE
5108
► Stock Price - TSE
President
Sector
Shoshi Arakawa
Industries
Opthomology
Industrial & Manufacturing
Established
1931
Listed Homepage
1961
www.bridgestone.co.jp/english/
Tyre industry
MRF LTD.
MRF Ltd. is the first Indian company to export tyres to the US, the very birthplace of tyre
technology. It is the first company in India to manufacture and market Nylon tyres passenger
tyres commercially. In 2004, the company's turnover crossed INR 30 billion mark. The company
was given the title of most ethical company by 'Business World' magazine after a survey
conducted in 1999.
Quick Facts
Founder
Country
Year of Establishment
Industry
Website
Related Website
K. M. Mammen Mappillai
India
Tyre Manufacturing
1946 as a toy factory
124,
Greams
Road
Chennai
600
006
India
Tel.:
+(91)-(44)-28292777
Fax: +(91)-(44)-28291844/0562
http://www.mrftyres.com/
http://www.mrf-exports.com/ (MRF Exports)
Two-Wheelers Tyres
MRF Tyres and Service Franchise
MRF Ltd:
And conveyor belt, as well as specialty coatings for a variety of applications. MRF has six
production facilities in India and around 80 sales offices. From its humble origins in 1946, the
company has come long way to become the market leader in the tyre manufacturing industry.
Worldwide. Today, global tyre manufacturers have to plan and adapt to changes in customer
Demand, fluctuations in raw material prices and availability, while keeping pace with timelines
MRF, India's largest tyre-maker, has moved up the pecking order. According to the latest report
of Tire Business, published by Crain Communications of the US, MRF's rank has improved to
The special report titled, "2001 Global Tyre Company Ranking", covered 72 tyre companies
across the world. Commenting on the improved ranking of MRF, executive director
(marketing), Philip Eapen told ET, "It clearly shows the intrinsic strength of MRF, brand equity
He said that MRF is retaining its position as number one tyre company in India for the last
several years. Its improved global ranking comes at a time when the automotive industry is
followed by Michelin. Among other major Indian players, J K Industries was ranked 17th
against 16th in 1999 while Apollo Tyres moved up the ladder from 21 to 18 in 2000. Ceat was
positioned at 20 last year against 19 in 1999.
Eapen said MRF has emerged as the sole supplier of truck tyres to Volvo. While it is the largest
supplier of radial car tyres (40 per cent share) to Telco's Indica with a monthly supply of 10,000
tyres.
MRF was originally started as a small manufacturing unit of balloons, latex cast squeaking toys
and industrial gloves. It was only in the year 1961 that the company started manufacturing tyres.
Today, MRF has 6 manufacturing plants in India located in Tiruvottiyur and Arakonam in Tamil
Nadu, Kottayam in Kerala, Ponda in Goa, Medak in Andhra Pradesh, and one in the Union
Territory of Pondicherry. It has a distribution network of more than 2,500 outlets in the country
and exports tyres in over 75 countries globally. The company established its first office in 1949
at Chennai, Tamil Nadu. It has overseas offices in United Arab Emirates, Bangladesh and
Vietnam.
MRF manufactures the largest range of tyres in India and it has the highest brand preference. It
makes tyres for heavy duty truck, bus, light truck, passenger car to motor sports, rally cars, off
the road earth movers, two and three wheelers, farm service and military service. It is the market
leader and has 26 per cent share in the Rs 19,00000 million Indian tyre industry.
Funskool India is a joint venture between MRF and Hasbro Inc., USA, the world's largest toy company.
Funskool's Goa plant has been making its own moulds for a number of its products,
the most popular of which are Pipsqueaks, a range of low priced baby toys. MRF collaborated
with PIRELLI to manufacture Conveyor Belting. The MRF Conveyor Belt plant in Arkonam,
Tamil Nadu, with an annual capacity of 3000 tonnes, is the most modem belting plant in India.
The company also has a paints and coating subsidiary. It manufactures speciality coatings for
wide range of applications like Metalcoat, Woodcoat Glasscoat etc. MRF made a foray in
retreading as far back as 1970. MRF Pretreads is the most advanced Precured Retreading system
in India. MRF made a foray in retreading as far back as 1970. In the MRF Pretreads system, the
tread rubber is precured from MRF's factory. It also has the specialised expertise required for
retreading Radial Tyres. The company is an original equipment supplier (OES) of radial tyres to
Tata Indica, Hyundai Elantra, Ford Fiesta and many other cars. Volvo also sources most of its
operations.
tyres
from
MRF
for
its
Indian
Financials
The Company swung to loss for the quarter ended December 2008. During the quarter, the
company reported loss of Rs 383 million compared with a profit of Rs 517.50 million in the same
quarter last year. Net sales for the quarter rose 17% to Rs 13,519.70 million, while total
income for the quarter rose 16.81% to Rs 13,560.30 million, when compared with the prior year
period. It reported loss of Rs 90.32 a share during the quarter compared with earnings of Rs 122.03 a
share in previous year period.
(Rs. In Crore)
Sales
2008 2007 2006
2004
Other Income
40.83
24.17
27.07
44.90
58.54
65.71
45.08
33.95
36.60
29.85
Total Income
5756.35
5060.92
4260.73
3482.09 3047.97
2607.68
2240.70 2124.45
2357.67 2312.80
Share Capital
4.24
4.24
4.24
4.24
4.24
4.24
4.24
4.24
4.24
4.24
Reserves
1116.55
981.91
820.05
749.81
Net Worth
1120.79
986.15
824.29
754.05
723.41
596.39
704.20
530.75
506.06 449.76
WHEELER SEGMENT
MOTORBIKES
Zapper FM
Features
Front Fitment
Directional Pattern
Good Grip
• Good Stability
Better Maneuverability
Better Traction
MOTORBIKES
Zapper FV
0
Available Sizes: 2.75 - 18
SCOOTERS
Nylogrip Scooter
www
O Features
Rib Type
Extended shoulder
Reflective sides
Benefits
Better steering
• Safety
Features
Benefits
SCOOTERS Nylogrip
Plus FE
Features
⚫ Centre groove
More circumferentially oriented groove
• Extended shoulder
• Channel groove
Superior wear
Better cornering
Wet traction
SCOOTERS Zapper
FG
• Directional
Extended shoulder
Benefits
• Better wear
Excellent cornery
MOTORBIKES Zapper
Vyde
Auto Rotate
MOTORBIKES
Zapper Q
120/80-17 TL
Features
Rear Fitment
• High Performance Compound
Benefits
Excellent Traction
• Better Stability
Features
Auto Rotate
Benefits
Excellent traction
Better cornering
Better wear
roads.
TNS
@
2000
MEF
MRF crossed the INR 3 bn mark and also became the No 1 tyre company in India. MRF legend
The MRF pace foundation was set up with international pace bowler, Dennis Lilli as its director.
Not long thereafter, pace bowlers trained at the foundation were selected for the Indian cricket
team. In the year 1989, MRF was the clear market leader in every tyre segment. Once again in
recognition of excellence, MRF was awarded the Vishweshwarayya award for the Best business
house in India.
MRF collaborated with Hasbro Intl USA, the world's largest toy makers, and launched funskool
in India. Company also entered into collaboration with Vapocure, Australia to manufacture
polyurethane paint formulations and with Pirelli muscleflex, conveyor, and elevator belting.
MRF also opened the MRF tyredrome, India's first tyre company owned wheel care complex at
Madras.
MRF brought the 6th world cup boxing championship to Mumbai the first of its
kind- with 39
countries participating. In 1993 & 1995 the company was voted by the far eastern economic
review as one of the ten leading corporate groups in India and a leader in Asia. During the same
time MRF was selected as one of India's most admired marketing companies by the readers of
The company's turn over crossed INR 15 bn in the year 1995.In 2000, MRF launched smile
campaign on Indian roads. It also launched ZVTS tyres for passenger cars in
2000.
MRF wins JD power award in 2003 & 2004. So far it has taken 6 JD awards.
IN the year 2004, MRF's turnover crossed INR 30 bn mark. In 2005, MRF wins the it's third
APRC rally. In 2006, MRF's turnover crossed the 5000 crore mark.
COMPANY PROFILE
Establishment:
Corporate Identity:
It means the company has its policy in respect of land, building, paints & timing of
showroom.
It considers the following factors while starting a showroom as per the Corporate Identity.
ii)
iii)
iv)
Building: For customer attraction a well planned infrastructure is essential. It
has
2500 sq. ft area of show room. As well as 1000 sq feet for gowdown, which is
connected with show room.
Machinery: To install the tyres in proper way it has different machines like ...
a) Tyre Fermant machine
b) Air Compressor
Labours: The labours are the base for any organization. In Tuticorin, there is no
problem for required labours for this business. Malaisoodi Tyres has sufficient and
skilled workers.
Key Competitors: Newly established Appollo Tyres Show rooms and other local
branded
tyre showrooms. But these have not any significant effect on show room activities.
4) Display of racks, inside & outside showroom colour, display boards, tiles, reception
5) Showroom should have automotive tyre fitment machine which must be placed in the
showroom visible to the customers.
6) Company decides monthly sales target, on the basis of population and number of
vehicles. Target goes on renewing and dealer must compulsorily achieve the target.
7) Company has regional offices, so as to fulfill the needs of a dealer. It also has employed,
2) To facilitate any changes in price of a tyre any improvements, and to inform the new
tyres which are going to introduce in the market.
4) One regional office covers 4 districts. Tuticorin comes under regional office of Chennai.
5) Company usually replaces tyres if tyres are found to have minimum of 5% manufacturing
defects.
3) Visiting each and every customers and informing them about quality and price of tyres.
4) He helps the dealer to increase the sales and works with them to achieve the monthly
targets.
To provide better service Malaisoodi TYRES has made 3 sections. They are as follows.
1) Sales Section
2) Accountant
3) Service station.
SALES SECTION
To achieve increased sales Malaisoodi Tyres has separate sales section. It provides the
quotations and all information regarding the tyres to the customers. Sales section plays
significance role in achieving targets by. It has to provide all information regarding sales to
ACCOUNT SECTION
different account books for different tasks. It also maintains ledgers and regular balance
sheets.
REGIONAL OFFICE
DEALERS
(MALAISOODI TYRE)
Main Dealer
CUSTOMER
Truck Buses
122
146
160
Light Commercial
28
36
88
Vehicles
Jeep/trekker/Trax
40
60
100
Car radials
240
480
700
Motorcycle(Light
900
1500
2250
motorcycles)
Moped
50
120
150
Scooter
40
40
Auto
100
350
132
180
150
Tractor rear
12
40
60
Tractor front
4
10
20
Tractor trailor
20
20
20
3000
2500
2000
1500
1000
500
2006
MRF Tyres and Service Franchise
Motorcycle
(Lightmotorcycles)
2007
2008
200
Moped
Motorcycle (Lightmotorcycles)
180
160
140
120
100
80
60
40
20
2005
2007
2008
53
Moped
200
Scooter
MRF Tyres and Service Franchise
180
160
140
120
100
80
60
40
20
2006
2007
2008
Scooter
RESEARCH METHODOLOGY
To achieve the stated objective a survey was conducted at Tuticorin city regarding
customer "satisfaction towards MRF Tyres" provided by Malaisoodi Tyres show room Tuticorin.
Primary Data:
Primary data is collected by the random sampling method. Here we have randomly
interviewed 50 customers through Questionnaire and personal interview and collected the
primary data.
Secondary Data:
These are generally published sources which have been collected originally for some
other purpose, they are not gathered specially to achieve the objectives of the particular research
Survey Techniques:
Once the researcher has decided to use survey method for collecting data he has to
1. personal interview
2. telephone survey
3. mail survey
DATA ANALYSIS
AND
INTERPRETATION
Data Analysis:
MRF Tyres and Service Franchise
I have conducted marketing survey on 50 customer to analysis their satisfaction level, for
this purpose I have prepared a questionnaire to collect the information from them. Among these
50 customers, only some of them responded as per that now we will see the analysis of the
collected data.
1. The following tables shows the factors which motivated the customer to purchase the
"MRF TYERS"
0.35
MRF Tyres and Service Franchise
0.3
0.25
0.2
Series2
0.15
31%
Series1
0.1
9% 21%
16%
13%
0.05
FACTORS
Friends
Brand Image
Advertisement
Relatives
Self-decision
Interpretation:
Fully Satisfied
Satisfied
Dissatisfied Fully
dissatisfied
Total
23
17
50
Dissatisfied 13%
Fully dissatisfied
7%
Satisfied 35%
Fully Satisfied 45%
Interpretation:
The above graph shows that:
45% of people are fully satisfied with the purchase of MRF tyres.
35% of people are just satisfied with the purchase of MRF tyres.
A) Price of Tyres
Strongly Satisfied
Satisfied
Not Satisfied
Fully Not Satisfied
Total
Interpretation:
MRF Tyres and Service Franchise
15
16
10
50
30% of customers are strongly satisfied with the price of MRF tyres.
21% of customers are not satisfied with the price of MRF tyres.
14% of customers are fully not satisfied with the price of MRF tyres.
B) Quality Of Tyres:
Strongly Satisfied
Satisfied
Not Satisfied
Fully Not Satisfied
Total
Interpretation:
45% of customers are strongly satisfied with quality of the tyres.
15
50
C) Durability of Tyres
Strongly Satisfied
Satisfied
Not Satisfied
Fully Not Satisfied
Total
Interpretation:
45% of customers are strongly satisfied with durability of tyres
16
50
100% 100%
90%
-80%
70%
60%
50%
42%
28%
40%
-30%
17%
13%
-20%
10%
-0%
Fully Satisfied Satisfied
Not
Fully Not
Total
satisfied
Satisfied
Interpretation:
As per the above chart it shows the details:
6) The following table's shows the behavior of the showroom people while taking quotations
Very Friendly
Friendly Not
friendly
Don't know
Total
17
22
50
24% customers prefers the MRF tyres due to the reasonable price
TYRES"
Lack of Information
8
17
50
54%
60%
50%
40%
Lack of Information
30%
22%
☐ Delay
17%
20%
10%
☐ No problem
0%
1
Interpretation:
22% customer faced the problem due to lack of information
07% customer faced the problem due to non cooperation of show room people
CHAPTER IV
FINDINGS
MRF Tyres and Service Franchise
⇒ 31% of customers have purchased on there own decision. They have decision
on the basis of experience and some customers have taken after making
comparison with other tyres. Hence it reveals that customers are satisfied with
"MRF TYRES"
⇒ Majority of customers means 45% are satisfied with the fulfillment of their
need/purpose.
⇒ Only 30% of customers are fully satisfied with price of the tyres about 21%
are not satisfied and 14% of customers are fully not satisfied with the price.
⇒ About 45% of customers are fully satisfied,30% of customers are only just
⇒ About 45% of customers are satisfied with durability of tyres, and 14% are not
⇒ About 42% of customers are fully satisfied with the performance of the tyres,
SUGGESTIONS
SUGGESTIONS TO SHOWROOM:
MRF Tyres and Service Franchise
Showroom must recruit well qualified and skilled labours that care about the
customer. It will abolish the problem of unskilled and poor quality service.
Showroom employees and workers should maintain friendly relation with every
customers.
Showroom should maintain tyres, tube, air compression machines etc,. which are
Always adopt the improvement of servicing system and keep the showroom in
good conditions.
о
о
SUGGESTIONS TO COMPANY:
Company always keeps some prizes and gifts to attract the customers.
76
Strategic Group Analysis is a method to find the nearest competitor and analysis his competitive
A strategic group is a concept used in strategic management that groups companies within an
industry that have similar business models or similar combinations of strategies. For example,
the restaurant industry can be divided into several strategic groups including fast-food and fine-
dining based on variables such as preparation time, pricing, and presentation. The number of
groups within an industry and their composition depends on the dimensions used to define
the
groups. Strategic management professors and consultants often make use of a two dimensional
grid to position firms along an industry's two most important dimensions in order to distinguish
direct rivals (those with similar strategies or business models) from indirect rivals. Strategy is the
direction and scope of an organization over the long term which achieves advantages for the
organization while business model refers to how the firm will generate revenues or make money.
Hunt (1972) coined the term strategic group while conducting an analysis of the appliance
industry after he discovered a higher degree of competitive rivalry than suggested by industry
concentration ratios. He attributed this to the existence of subgroups within the industry that
competed along different dimensions making tacit collusion more difficult. These asymmetrical
strategic groups caused the industry to have more rapid innovation, lower prices, higher quality
Michael Porter (1980) developed the concept and applied it within his overall system of strategic
analysis. He explained strategic groups in terms of what he called "mobility barriers". These are
similar to the entry barriers that exist in industries, except they apply to groups within an
77
industry. Because of these mobility barriers a company can get drawn into one strategic group or
another. Strategic groups are not to be confused with Porter's generic strategies which are
internal strategies and do not reflect the diversity of strategic styles within an industry.
Example chart:
Strategic group analysis identifies groups of competitors with similar strategic characteristics.
National
Geographic
Coverage
Regional
Local
Single office
businesses
None
Medium size
businesses
Mortgages
Corporate Financial
Services Companies
Personal Financial Services
Service Diversification
Malaisoodi Tyres
MRF Tyres and Service Franchise
Tuticorin Tyres
Allwin Tyres
Tyres have a competitive advantage to meet Samy tyres in truck tyre sales and services.
Truck alignment is a maintaining step for truck tyre life and fuel efficiency step in truck
wheel balance and alignment troubleshooting tips will help you pinpoint the truck's symptoms so
that you can convey useful information to a repair person. Potential solutions are a guide to help
you understand your truck, but should not be used to make a diagnosis.
79
Bad tire
Bent wheel
Pull or Drift
Incorrect tire pressure is the most common cause of pull (vehicle wants to go quickly to the left
Do you feel a consistent pulling to the right or to the left? It might be radial pull, which can
occur anytime, even with new tires. If you have the ability and tools, try switching tires side-to-
side (left side tires with right side tires). If the pull changes directions or stops, you're dealing
If the alignment is out of spec or you have worn steering components, the vehicle will pull or
Bee Line built its exceptional reputation by producing state-of-the-art, quality equipment through
technology results with innovative products that meet our ambitious standards.
Being an innovation leader requires a highly qualified, skilled and inspired staff. Careful
personnel planning, internal and external collaboration and on-going research ensures that
In-house design, internal software development, world class manufacturing capabilities, ISO
certified, national and international sales team and legendary customer service make Bee Line
uniquely self-reliant.
Bee Line invented laser alignment technology to achieve the most accurate wheel alignment
measurements on the market today. The bright laser beams on our state-of-the-art LC7500 Laser
Guided Computer Wheel Alignment Systems are highly visible and help the operator become
more confident and efficient. The entire system can be calibrated in a few minutes right in your
shop, lowering your cost of performing alignments and improving profit potential. With accuracy
The LC7500 Laser Guided Computer Wheel Alignment System was developed to significantly
lower your cost of performing alignments and increase productivity, therefore improving profit
potential.
CHAPTER V
CONCLUSION
According to the study I conclude that the MRF TYRES company satisfies the customer
need and the purpose, but only problem is with the service given to the customers by the
showroom. So, as per study in my opinion based on project I can say that MRF TYRES should
think about the service provided by showrooms in order to capture the maximum market
segment.
According to Tuticorin city the market is vast almost the whole district customers and
other new people purchase the MRF Tyres because it is old brand running tyres in market.
Almost people demands the MRF Tyres comparing to other company tyres.
Company provide more advertisement and always keep customers need with
QUESTIONNAIRE
Dear Sir/Madam,
I. Customer Introduction:
a. Name
b. Address
c. Occupation/Job:
A: Friends
[]
B: Brand Image
[ ]
C: Advertisement
[]
D: Relatives
E: Self decision
[ ]
F: Others
MRF Tyres and Service Franchise
[]
III. To what extent the "MRF TYRES" has satisfied your purpose / need?
A: Fully Satisfied
C: Dissatisfied
[]
[]
B: Satisfied
D: Fully Dissatisfied
[]
[ ]
[ ]
IV. As compare to other tyres how do you rate the following characteristics of your
"MRF TYRES”
Characteristics
Excellent
Very good
Good
Average
Price
Quality
Durable
Performance
Mileage
A: Excellent
C: Good
[]
B: Very Good
[ ]
[]
D: Bad
[]
VI: what was the behavior of show room people while taking quotations or while
A: Very Friendly
[ ]
B: Friendly
[]
C: Not-Friendly
[ ]
D: Don't Know
[]
VII: What is your opinion about "service charges" in the show room?
A: Very Reasonable
B: Reasonable
[]
C: Costly
[]
D: Very Costly
[]
A: Quality
[ ]
B: Price
[ ]
C: Service
[]
D: Durability
[ ]
MRF Tyres and Service Franchise
A: Lack of information's
[ ]
C: Delay
[ ]
D: No problem
[ ]
A:
B:
C:
***************THANK YOU*