Research Report Prem ..
Research Report Prem ..
INTRODUCTION
➢ History
➢ Company profile
1.
➢ Organisation chart
➢ Achievement
➢ SWOT analysis
MARKETING DEPARTMENT
➢ Introduction to Marketing department
2. ➢ Organisation chart
➢ Marketing strategy/ activities
➢ 5 years Marketing mix of the company
RESEARCH METHODOLOGY
➢ Introduction to Marketing research
➢ Marketing research process
➢ Defining problem research and objectives
➢ Develop research plan
3.
✓ Data source
✓ Research design
✓ Research approach
✓ Sampling procedure
✓ Contact methods
5. FINDINGS
6. CONCLUSION
7. SUGGESTIONS
8. LIMITATION
9. BIBLIOGRAPHY
INDEX
1. HISTORY
2. COMPANY PROFILE
3. ORGANISATION CHART
4. ACHIEVEMENTS
5. SWOT ANALYSIS
HISTORY OF THE COMPANY
In 1955, Suzuki began automobile production with the release of the Suzulight, a
small and affordable car. This was Japan’s first passenger car to feature a front-wheel-drive
layout and independent suspension, which made it more comfortable and efficient for drivers.
With the success of the Suzulight, Suzuki became a well-established player in the automotive
sector. Throughout the 1960s and 1970s, Suzuki expanded its reach by producing various
models of cars, motorcycles, and all-terrain vehicles (ATVs). The company also formed
strategic partnerships with other manufacturers, including General Motors in 1981, which
enabled Suzuki to grow its presence globally. By the 1980s, Suzuki had solidified its
reputation as a manufacturer of affordable and reliable motorcycles, cars, and all-terrain
vehicles.
Suzuki’s entry into the Indian automobile market began in 1981, when it formed a
joint venture with the Indian government to create Maruti Udyog Limited, later renamed
Maruti Suzuki India Limited. At that time, India’s automobile market was heavily controlled
by the government, and there were very few options available for the growing middle class.
The Indian government wanted to introduce affordable cars to meet the rising demand, and
Suzuki was chosen for its expertise in producing small, fuel-efficient vehicles. The result was
the Maruti 800, launched in 1983, which became a landmark model in India’s automotive
history. The Maruti 800 was a compact, affordable, and fuel-efficient car that could be easily
maintained, making it an ideal choice for Indian consumers. It was the first car for millions of
Indian families, transforming car ownership in India and making Maruti Suzuki the market
leader.
The success of the Maruti 800 helped Maruti Suzuki grow rapidly in India, and the
company continued to expand its product range over the following decades. It introduced a
variety of models, such as the Maruti Zen in the 1990s, followed by the Esteem, Swift, and
Dzire, among others. The company also began modernizing its production methods,
expanding its manufacturing capacity, and improving vehicle quality to cater to a growing
middle class. As India’s economy opened up in the 1990s, Maruti Suzuki was well-positioned
to take advantage of liberalization, offering vehicles that appealed to a broad spectrum of
consumers. Over time, Suzuki increased its stake in Maruti Udyog, eventually becoming the
majority shareholder and ensuring greater control over the company’s operations. By the
2000s, Maruti Suzuki had become the undisputed leader in the Indian automobile market.
Despite initial challenges, Suzuki Motorcycle India found its place in the market by
focusing on innovation, quality, and performance. The Access 125 became one of the leading
scooters in India, known for its fuel efficiency and comfortable ride. In the motorcycle
segment, Suzuki’s Gixxer series, which offered sporty performance at an affordable price,
also gained popularity. As the company continued to grow, it expanded its product lineup to
include more premium models, like the Suzuki Intruder and Suzuki V-Strom, catering to
motorcycle enthusiasts who desired higher-performance bikes.
Overall, Suzuki’s journey in India has been marked by successful adaptations to local
market needs. Maruti Suzuki revolutionized the Indian car market, while Suzuki Motorcycle
India has made inroads into the competitive motorcycle sector by focusing on value,
performance, and reliability.
COMPANY PROFILE
Suzuki motorcycle private limited company in India , Mr. Kenichi Umeda is managing
director of the company. Mr. Rajesh Uppal and Mr. Masahiro Nishikawa both are directors of
the Suzuki motorcycle private limited company. Ms . Deepali Mishra who is marketing & HR
head and Mr. Vijay Sharma who is service Head works under director of the Suzuki
motorcycle private limited company is Mr. Rajesh Uppal. And Mr. Satish Bhardwaj who is
handling production & operation department and Ms. Sneha Oberoi who is auditing and
managing company’s finance who work under director of the Suzuki motorcycle private
limited company is Mr. Masahiro Nishikawa.
ACHIEVEMENTS OF THE COMPANY
The following awards achieved by Suzuki Motorcycle Private Limited Company in
India :-
12. ABP Live Auto Awards 2022 Premium Bike of the Year
There are approximately total 120 awards Suzuki Motorcycle Private Limited
Company achieved during the year from 2014 to still today. This is stated that company
improves the product quality to each automobile products and gets customer satisfaction at
high level.
SWOT ANALYSIS
Opportunities are external chances to grow or improve, such as trends or market gaps,
while threats are external challenges or risks, like competition or economic downturns. By
analyzing these four areas, businesses can make better decisions, plan strategies, and stay
competitive in their industry. It’s a simple yet powerful way to understand where you stand
and what steps to take next.
Strong Brand Reputation of Suzuki benefits from its parent company’s global
recognition, which enhances customer trust and loyalty in India. Diverse Product Portfolio
of Suzuki Motorcycle Private limited India offers a variety of two-wheelers, from commuter
bikes to premium motorcycles, catering to a broad customer base. Advanced Technology
Integration in Suzuki Motorcycle company incorporates innovative technologies into its
products, appealing to tech-savvy consumers. Strong Dealer Network of Suzuki has a
growing network of dealers and service centers across India, ensuring wider reach and better
customer support. High-Quality Manufacturing of Suzuki is known for its robust build
quality and reliability, which builds long-term trust with customers.
INDEX
1. INTRODUCTION
2. ORGANISATION CHART
Marketing Strategy of Suzuki Motorcycle Company analyses the brand with the
marketing mix framework which covers the 4Ps (Product, Price, Place, Promotion). There are
several marketing strategies like product innovation, Pricing approach, promotion planning
etc. These business strategies of Suzuki Motorcycle Private limited company’s marketing mix
help the brand succeed in the market. Suzuki marketing strategy helps the brand/company to
position itself competitively in the market and achieve its business goals & objective.
❖ Product mix :-
A product mix is the complete range of products a company offers to its customers. It
includes all product lines, categories, and variations, such as sizes, colors, and features. The
mix has four dimensions: width (number of product lines), length (total products), depth
(variations within a product), and consistency (how related the products are). A well-planned
product mix helps meet diverse customer needs and drives business growth.
Suzuki’s product strategy focuses on offering a wide range of vehicles that cater to
diverse customer needs and preferences. The company emphasizes product quality, reliability,
and innovative features. Suzuki continuously invests in research and development (R&D) to
enhance its product offerings and stay at the forefront of technological advancements. The
company emphasizes fuel efficiency, safety features, and eco-friendly technologies in its
vehicles to align with changing consumer preferences and environmental concerns.
Suzuki’s product strategy also includes product line extensions, where it introduces
variations of existing models to cater to different market segments. For example, Suzuki
offers different trims, engine options, and configurations to provide customers with choices
that suit their specific requirements. This approach allows Suzuki to address a wider range of
customer preferences and increase market share.
Suzuki pvt ltd company have market three type of products segment like, Motorcycle ,
Big bike , Scooters. Motorcycle :- In the motor cycle segment the Suzuki make bike or sports
bike for the new / young generation . it is special design for young youth and young
generation .there are many types of bike made for them. They are also think for New
innovation in their existence products . The motorcycles are Gixxer, Gixxer SF 250, V-
Strom. Big bike :- In the big bike segment, the company made this bike for richest level or
higher class of people who can afford this bike. The blokes are Hayabusa, GSX-8R, V –
Strom 800DE, Katana and Scooters :- In this type of bike made by company the only
purposes to capture the mopped segment with affordable prices and customer satisfaction .
This type of scooters are Access 125,, Avenis, Burgman street .
❖ Price mix :-
Price mix refers to the strategies and decisions a company makes about pricing its
products or services. It includes factors like the price range, discounts, payment terms, and
pricing methods. The goal is to attract customers, stay competitive, and maximize profits. A
good price mix balances affordability for customers and profitability for the business.
Suzuki also offers flexible pricing options, including financing plans and promotional
pricing during specific periods, to make its vehicles more accessible to a broader customer
base. The company may also introduce pricing incentives to encourage sales and drive
demand in specific markets or for specific vehicle model.
The price in the Suzuki marketing mix would cover not only bikes but also cars. The
Swift is a car that is priced cheaper while Baleno is priced higher. The Suzuki Bikes
categorized under Ultimate sport are expensive than the scooter. The pricing of the company
is in comparison to its competitors depending on the PoDs ( Product Oriented Delivery ) and
PoPs ( Point of Purchase ) go of the product line. In some categories, the company has an
upper hand over others while in some it uses penetrating strategy. The pricing of Suzuki
products also varies from region to region & based on competitor pricing as well. For
example in India the pricing is lower to suit the medium range target customers.
Suzuki Motorcycle Private Limited Company last five years prices in following table:-
❖ Place mix :-
In simple words, place mix means the methods a company uses to deliver its products
to customers. It includes choosing the right locations, using online platforms, setting up
service centers, and partnering with distributors to make the product available wherever
customers are.
Suzuki Motorcycle Private Limited uses a smart strategy to make its motorcycles
available to customers everywhere. The company has a large network of dealerships and
showrooms where people can see, compare, and buy their bikes. For those who prefer online
shopping, Suzuki’s website and partnerships with e-commerce platforms make it easy to
browse models, book a bike, and even make a purchase from home.
To ensure customers can maintain their bikes easily, Suzuki places authorized service
centers near its dealerships. In some areas, they even provide mobile service vans to reach
customers who may not be able to visit a service centre. Suzuki also focuses on different types
of markets, including big cities, smaller towns, and rural areas, using a “tiered approach” to
meet the needs of each group effectively.
Suzuki also exports its motorcycles to other countries, reaching international
customers. It collaborates with banks and financial companies to offer easy loan options,
making it more affordable for people to buy their bikes. This strategy ensures Suzuki’s
motorcycles are accessible to a wide range of customers.
❖ Promotion mix :-
The promotion mix is the combination of tools businesses use to promote their
products or services. It includes advertising (e.g., TV or social media), sales promotions (e.g.,
discounts), public relations (e.g., media coverage), personal selling (e.g., face-to-face sales),
and direct marketing (e.g., emails). Each tool helps attract customers, build awareness, and
increase sales. Businesses choose the mix based on their goals and target audience.
Over the past five years, Suzuki Motorcycle India Private Limited has implemented a
multifaceted promotion strategy to enhance its market presence and achieve significant
milestone:-
• In 2020 :-
During COVID – 19 , Suzuki Motorcycle Private Limited Company shifting in online
booking website and festival offers and discounts, gift card and print media i.e. newspaper
magazine are use for the promotion strategy in the year
• In 2021 :-
During 2021, Suzuki Motorcycle Private Limited Company is promoting their
products through digital campaigns like collaboration with the social influencer, festival offers
and discounts, gift card , low interest rate financial schemes and print media i.e. newspaper,
magazine are use for the promotion strategy in the year.
• In 2022 :-
During 2022, Suzuki Motorcycle Private Limited Company is promoting their
products through continue with digital campaigns like collaboration with society influencer,
social media application like Facebook, Twitter, Instagram account, festival offers and
discounts, gift card, low interest rate financial schemes, free services of the bikes after sales
and print media i.e. newspaper magazine are use for the promotion strategy in the year.
• In 2023 :-
During 2023, Suzuki Motorcycle Private Limited Company is promoting their
products through digital campaigns social media applications , festival offers and discounts,
low interest rate financial schemes, free services of the blokes after sales, advertising in
television, using print media i.e. newspaper, magazine are use for the promotion strategy in
the year.
• In 2024 :-
During 2024 , Suzuki Motorcycle Private Limited Company is promoting their
products through digital campaigns, participants in expo and fair , festival offers and
discounts, low interest rate financial schemes, free services of the blokes after sales,
advertising in television, using print medias etc are use for the promotion strategy in the year.
RESEARCH METHODOLOGY
INDEX
INTRODUCTION TO MARKETING
1.
RESEARCH
✓ Marketing Research is the function which links the consumer, customer and public to the
marketer through information. Information used to identify and defined marketing
opportunities and problems.
✓ Marketing Research specifies the information required addressing these issues, designing
the method for collecting information, managers and implementation the data collection
process analyse the results and communicate the findings and their implication.
MARKETING RESEARCH PROCESS
Defining Problem Research & Objectives
✓ The first step towards finding a solution or launching a research study focuses on
uncovering the nature & boundaries of a negative or positive, situation or questions.
✓ The first sign of problem is relating with attaining some objective. It is a symptom that
something inside or outside the organization has blocked the attainment of the desires goal
or teat the goal is unrealistic.
✓ E.g. Decreasing sales, increasing expense or decreasing profit also signal of problem.
✓ Conversely when an organization experiences a risk rise in sales, or some other positive
event, it may conduct marketing research to discover the reasons and maximize the
opportunities stemming from them.
✓ First marketers must define the problem and its scope in a way that requires probing
specifically symptoms.
✓ The inter-relation between marketing research and marketing manager should yield a clear
definition of the problem.
✓ Research and decision maker should remain in the problem define stage until they have
determined what they want from the research and how they will use it.
✓ Research objective specifies what information is needed to solve the problem. Deciding
how to refine a broad information problem into dearly defined and researchable statement
is prerequisite for the next step in planning a research.
✓ Designing the research plan cause for the decision on the data source, research
approaches, research instruments, sampling plan and contact methods.
1. Data sources:
i. Primary source
A. Observation :- (1) Personal (2) Mechanical
B. Survey :- (1) Mail, (2) Telephone, (3) Personal
ii. Secondary source
A. Internal Sources :- (1) Records , (2) Marketing data bank
B. External Sources :- (1) Reports , (2) Internet
In this research study, Researcher has use primary data through survey and secondary
data for collecting basic information.
2. Research Approaches:
▪ Survey research :-
✓ Companies under take survey to learn about people knowledge, beliefs, preferences
and satisfaction and to measure these magnitudes in the general population.
✓ It can also put the question to an ongoing consumer panel run by itself of another
company..
3. Research Design :
It is preparation of the design of the research project popularly known as the research
design.
A research design is the arrangement of conditions for collection and analysis of data
in a manner that aims to combine relevant to the research purpose with economy in procedure.
It constitutes the blue print for the collection measurement and analysis of data.
▪ Sampling design: -This deals with the method of selecting items to be observed for the
given study.
▪ Observational design: -This relates to the condition under which the observation is to
be made.
▪ Statistical design: -Which concerns with the question of how many items are to be
observed and how the information and gathered are to be analyzed.
▪ Operational design: -Which deals with the techniques by which the prouder specifies
in the sampling, statically and observational design can be carries out.
Focus on: -
Research Instrument:
In this research study researcher has framed a questionnaire for conducting research
study as per the concerned objective as research instrument.
▪ Questionnaires :-
4. Sampling: :-
▪ Sampling unit:
In this research study targeted population includes potential scooter buyers ( who age
18 years or more) , existing owners of Suzuki Access, Honda Activa, and TVS Jupiter, as well
as dealers, mechanics, and industry experts. Urban and rural consumers who use or consider
gearless scooters are also key.
Sampling Procedure:
There are 2 types of sampling procedure-
A. Probability sample.
B. Non probability sampling.
(A ) Probability Sample :-
a. Simple Random :- Every member of the population has an equal chance of selection.
b. Stratified Random :- Population is divided into mutually exclusive group and
random samples are drawn from each group.
c. Cluster/area :- Population is divided mutually exclusive groups and the researcher
drawn a sample of a groups to interview.
In this research study researcher takes the sample from the sampling unit to simple
random by probability sample method .
5. Contact Method :-
✓ Telephone
✓ Personal interview
✓ Online
✓ Mail
7. Analysing information
All the research data has to be properly formulated, tabulated and developed
frequencies distribution. The researcher also has to apply statically technique