Sona Project
Sona Project
INTRODUCTION
1.1 Introduction
    In the present era, customer is the centre point of all the marketing activities. The objectives of
the marketers have shifted from “maximization of profits” to “maximization of customer
satisfaction”. Business firms not only retain their current customers, but also increased their market
share by satisfying customers through high quality after sales service. After –sales service
availability is a critical deciding factor while choosing an automobile.
    Driving the most luxurious Bike has been made possible by the stiff competition in the
Automobile industry in India, with overseas players gathering the same momentum as the domestic
participants.
Every other day, we have been hearing about some new launches, some low cost Bikes
all customized in a manner such that the common man is not left behind. In 2015, the
Automobile industry is expected to see a growth rate of around 9%, with the disclaimer that the
auto industry in India has been hit badly by the ongoing global financial crisis. The Automobile
industry in India happens to be the ninth largest in the world.
   Following Japan South Korea and Thailand, in 2013, India emerged as the fourth largest
exporter of automobiles.
1.2 Objectives of the study
      To gather information about Consumer satisfaction toward Royal Enfield Bikes in the
      geographic region of Shivamogga (KAR).
      To know the customer satisfaction towards the after sales service offers by Royal Enfield
      Company.
      To assess the needs, requirements and expectations of the customer in order to assess their
      current satisfaction levels.
      To study perception and buying behaviour of customers towards Royal Enfield in India
      To provide suggestions, in improving the customer satisfaction and the company sales and
      profitability
     Increase market share requires an understanding of customer and their satisfaction towards
      the product. Customer satisfaction survey of Royal Enfield leads to examine the efficient
      factor to excel in the market.
     The best way to establish revenue goals and sales quotas for products, territories or
      stores/branches is to base them on the true customer satisfaction within the area with a
      realistic picture of customer satisfaction, you can focus resources intelligently, maintaining
      a presence where you‟re strong and investing heavily where opportunity is greatest.
     These days it is very clear that market is having drastic changes and all the companies are
      acting according to it because to survive in the market and this should be achieved by
      studying about the customer options and analyzing their future requirements.
     This study is definitely going to help to analyze the customer and can take necessary steps
      for the improvement of the services by the company
   1.4 Scope of the study
      The scope of the study is to find out the customer satisfaction with reference to Royal
      Bikes.
      The study covers the different aspects of customer satisfaction. This has been conducted in
      Shivamogga.
      The scope of study is to judge the level of satisfaction of consumer with respect to
      awareness and perception of Royal Enfield Bikes.
      This study is aiming for converting unsatisfied customers into satisfied customers into
      delightful customers
               However we tried our best in collecting the relevant information for our research
      report, yet there are always some problems faced by the researcher. The prime difficulties
      which we faced in collection of information are discussed below:
      The time period for carrying out the research was short as a result of which many facts have
      been left unexplored.
      Lack of time and other resources as it was not possible to conduct survey at large level.
      Only 100 respondents have been chosen which is a small number, to represent whole of the
      population
      The study was constrained only to Shivamogga city. A more intensive study would be
      necessary to arrive at exact conclusion.
CHAPTER 2
                                            CHAPTER 2
COMPANY PROFILE
INDUSTRIAL PROFILE
2.1 Introduction
         India became the fourth largest auto market in 2018 with sales increasing 8.3 per cent year-
on-year to 3.99 million units. It was the seventh largest manufacturer of commercial vehicles in 2018.
       The Two Wheelers segment dominates the market in terms of volume owing to a growing
middle class and a young population. Moreover, the growing interest of the companies in exploring the
rural markets further aided the growth of the sector.
       India is also a prominent auto exporter and has strong export growth expectations for the near
future. Automobile exports grew 14.50 per cent during FY19. It is expected to grow at a CAGR of 3.05
per cent during 2016-2026. In addition, several initiatives by the Government of India and the major
automobile players in the Indian market are expected to make India a leader in the two-wheeler and
four-wheeler market in the world by 2020.
       Overall domestic automobiles sales increased at 6.71 per cent CAGR between FY13- 19 with
26.27 million vehicles getting sold in FY19. Domestic automobile production increased at 6.96 per cent
CAGR between FY13-19 with 30.92 million vehicles manufactured in the country in FY19.
       In FY19, year-on-year growth in domestic sales among all the categories was recorded in
commercial vehicles at 17.55 per cent followed by 10.27 per cent yearon- year growth in the sales of
three-wheelers.
       Premium motorbike sales in India crossed one million units in FY18. During January-
September 2018, BMW registered a growth of 11 per cent year-on-year in its sales in India at 7,915
units. Mercedes Benz ranked first in sales satisfaction in the luxury vehicles segment according to J D
Power 2018 India sales satisfaction index (luxury). Sales of electric two-wheelers are estimated to have
crossed 55,000 vehicles in 2017- 18.
2.3 Investments
     In order to keep up with the growing demand, several auto makers have started investing heavily
in various segments of the industry during the last few months. The industry has attracted Foreign
Direct Investment (FDI) worth US$ 22.35 billion during the period April 2000 to June 2019,
according to data released by Department for Promotion of Industry and Internal Trade (DPIIT).
Some of the recent/planned investments and developments in the automobile sector in India are as
follows:
      Audi India plans to launch nine all-new models including Sedans and SUVs along with
       futuristic e-tron electric vehicle (EV) by the end to 2019.
      MG Motor India to launch MG ZS EV electric SUV in early 2020 and plans to launch
       affordable EV in next 3-4 years.
      BYD-Olectra, Tata Motors, Ashok Leyland to supply 5,500 electric buses for different state
       departments.
      Premium motorbike sales in India recorded seven-fold jump in domestic sales reaching 13,982
       units during April-September 2019. The sale of luxury cars stood between 15,000 to 17,000
       in first six months of 2019.
      In H1 2019, automobile manufacturers invested US$ 501 million in India‟s autotech
       companies start-ups, according to Venture intelligence.
                                                   5
       For self-driving and robotic technology start-ups, Toyota plans to invest US$100 million.
       In India, 7 Series face lift launched by BMW and the new X7 SUV has been introduced at Rs
       98.90 lakh (US$ 0.14 million).
      Ashok Leyland has planned a capital expenditure of Rs 1,000 crore (US$ 155.20 million) to
       launch 20-25 new models across various commercial vehicle categories in 2018-19.
      Hyundai is planning to invest US$ 1 billion in India by 2020. SAIC Motor has also announced
       to invest US$ 310 million in India.
      Mercedes Benz has increased the manufacturing capacity of its Chakan Plant to 20,000 units
       per year, highest for any luxury car manufacturing in India.
      As of October 2018, Honda Motors Company is planning to set up its third factory in India for
       launching hybrid and electric vehicles with the cost of Rs 9,200 crore (US$ 1.31 billion), its
       largest investment in India so far.
        In November 2018, Mahindra Electric Mobility opened its electric technology manufacturing
         hub in Bangalore with an investment of Rs 100 crore (US$ 14.25 million) which will
         increase its annual manufacturing capacity to 25,000 units.
The Government of India encourages foreign investment in the automobile sector and allows 100 per
cent FDI under the automatic route. Some of the recent initiatives taken by the Government of India
are -
        Under Union Budget 2019-20, government announced to provide additional income tax
         deduction of Rs 1.5 lakh (US$ 2,146) on the interest paid on the loans taken to purchase EVs.
        The government aims to develop India as a global manufacturing centre and an R&D hub.
        Under NATRiP, the Government of India is planning to set up R&D centres at a total cost of
         US$ 388.5 million to enable the industry to be on par with global standards.
        The Ministry of Heavy Industries, Government of India has shortlisted 11 cities in the country
         for introduction of electric vehicles (EVs) in their public transport systems under the FAME
         (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles in India) scheme. The
         government will also set up incubation centre for start-ups working in electric vehicles space.
        In February 2019, the Government of India approved the FAME-II scheme with a fund
         requirement of Rs 10,000 crore (US$ 1.39 billion) for FY20-22.
2.5 Achievements
Following are the achievements of the government in the past four years:
   On 29th July 2019, Inter-ministerial has sanctioned 5,645 electric buses for 65 cities.
   NATRIP‟s proposal for “Grant-In-Aid for test facility infrastructure for Electric Vehicle (EV)
    performance Certification from NATRIP Implementation Society” under FAME Scheme which had
    been approved by Project Implementation and Sanctioning Committee (PISC) on 3rd January 2019.
   Number of vehicles supported under FAME scheme increased from 5,197 in June 2015 to 192,451
    in March 2018. During 2017-18, 47,912 two-wheelers, 2,202 three-wheelers, 185 four-wheelers
    and 10 light commercial vehicles were supported under FAME scheme.
  Under National Automotive Testing And R&D Infrastructure Project (NATRIP), following testing
   and research centres have been established in the country since 2015 o International Centre for
   Automotive Technology (ICAT), Manesar o
   National Institute for Automotive Inspection, Maintenance & Training (NIAIMT),
   Research Association of India (ARAI), Pune o Global Automotive Research Centre (GARC),
   Chennai
  SAMARTH Udyog – Industry 4.0 centers: „Demo cum experience‟ centres are being set up in the
   country for promoting smart and advanced manufacturing helping SMEs to implement Industry
   4.0 (automation and data exchange in manufacturing technology).
Road head
       The automobile industry is supported by various factors such as availability of skilled Labouré
at low cost, robust R&D centers and low-cost steel production. The industry also provides great
opportunities for investment and direct and indirect employment to skilled and unskilled labour.
       References: Media Reports, Press Releases, Department of Industrial Policy and Promotion
(DIPP), Automotive Component Manufacturers Association of India (ACMA), Society of Indian
Automobile Manufacturers (SIAM), Union Budget 2015- 16, Union Budget 2017-18.
INTRODUCTION TO ROYAL ENFIELD
       Royal Enfield is an Indian motorcycle company which has created a huge impact in the
automobile industry. Royal Enfield has been able to create an image in the market such that by its
name only every consumer creates an image of a luxurious, strong motorcycle. Royal Enfield have
been manufacturing the classic automobiles like Bullet, Electra, and Thunderbird series from 1909.
       Royal Enfield is also distinctive in its logo with a cannon and a tagline of “Made like a gun”.
This logo shows the heritage of the Enfield Company. Vehicles manufactured under Royal Enfield are
prevalent for tough looks, incomparable dependability and enormous power.
       Royal Enfield was the name under which the Enfield Cycle Company made motorcycles,
bicycles, lawnmowers and stationary engines. The legacy of weapons manufacture is reflected in the
logo, a cannon, and their motto "Made like a gun, goes like a bullet". Use of the brand name Royal
Enfield was licensed by The Crown in 1890. The original Redditch, Worcestershire based company
was sold to NortonVilliers- Triumph (NVT) in 1968.
       Royal Enfield produced bicycles at its Redditch factory until it closed in early 1967. The
company's last new bicycle was the 'Revelation' small wheeler, which was released in 1965. Production
of motorcycles ceased in 1970 and the company was dissolved in 1971.
       In 1956 Enfield of India started assembling Bullet motorcycles under licence from UK
components, and by 1962 were manufacturing complete bikes. Enfield of India bought the rights to use
the Royal Enfield name in 1995. Royal Enfield production, based in Tiruvottiyur, Chennai, continues
and Royal Enfield is now the oldest motorcycle brand in the world still in production with the Bullet
model enjoying the longest motorcycle production run of all time. In May 2013 a new assembly facility
was started at Oragadam, Chennai.
         Royal Enfield motorcycles made in England were being sold in India from 1949. In 1955, the
Indian government looked for a suitable motorcycle for its police and army, for patrolling the
country's border. The Bullet was chosen as the most suitable bike for the job. The Indian government
ordered 800 350 cc model Bullets. In 1955, the Redditch company partnered with Madras Motors in
India to form 'Enfield India' to assemble, under licence, the 350 cc Royal Enfield Bullet motorcycle
in Madras (now called Chennai). The first machines were assembled entirely from components
shipped from England. In 1957, the tooling was sold to Enfield India so that they could manufacture
components. By 1962, all components were made in India. The Indian Enfield uses the 1960 engine
(with metric bearing sizes), in the pre-1956 design frame.
         An independent manufacturer since the demise of Royal Enfield in England, Enfield India still
makes an essentially similar bike in 350 cc and 500 cc forms today, along with several different
models for different market segments.
         In 1986, a British civil servant, Raja Narayan, returned to India and organised an export arm
for the company to market the Bullet in England. Starting with a Bullet 350 in 1986, he was soon
giving feedback that led to improvements. By 1989, the Enfield Bullet appeared in UK motorcycle
shows.
         In 1994, Eicher Group bought into Enfield India. In late 1995, the Enfield India firm acquired
the rights to the name Royal Enfield. Royal Enfield of India now sells motorcycles in over twenty
countries.
Global History
The Beginning
      The Enfield Cycle Company made motorcycles, bicycles, lawnmowers and stationary engines
under the name Royal Enfield out of its works based at Redditch, Worcestershire. The legacy of
weapons manufacture is reflected in the logo comprising the cannon, and the motto "Made like a
gun". Use of the brand name Royal Enfield was licensed by the Crown in 1890.
         During World War II, like other manufacturers of that time Royal Enfield was also called upon
by the British authorities to develop and manufacture military motorcycles. The models produced for
the military were the WD/C 350 cc SV, WD/CO 350 cc OHV, WD/D 250 cc SV, WD/G 350 cc OHV
and WD/L 570 cc SV.
         One of the most well-known Enfields was the Royal Enfield WD/RE, known as the Flying
Flea, a lightweight 125 cc motorcycle designed to be dropped by parachute with airborne troops.
         After the war the factory continued manufacturing the models developed during the war and
the legendary J 2 model appeared which went on to be the ancestor of the legendary Bullet. The same
motorcycle which perhaps had the honour of the being the one with the longest production run in the
world.
The Indian Connection
       Royal Enfield motorcycles were being sold in India ever since 1949. In 1955, the Indian
government started looking for a suitable motorcycle for its police forces and the army for patrolling
duties on the country's border. The Bullet 350 was chosen as the most suitable bike for the job. The
Indian government ordered 800 of these 350 cc motorcycles, an enormous order for that time. Thus
In 1955, the Redditch Company partnered with Madras Motors in India to form what was called
'Enfield India' to assemble these 350 cc Bullet motorcycle under licence in erstwhile madras (Now
called Chennai). As per their agreement Madras Motors owned the majority (over 50%) of shares in
the company. In 1957 tooling equipment was also sold to Enfield India so that they could
manufacture components and start full-fledged production. The Enfield Bullet dominated the Indian
highways and with each passing year its popularity kept rising.
       In 1990, Enfield India entered into a strategic alliance with the Eicher Group, and later merged
with it in 1994. It was during this merger that the name Enfield India changed to Royal Enfield. The
Eicher Group is one of India's leading automotive groups with diversified interests in the manufacture
of Tractors, Commercial Vehicles, Automotive Gears, Exports, Garments, Management Consultancy
and Motorcycles. Since then, the Company has made considerable investments in modernizing its
manufacturing technology and systems. In 1996, when the Government decided to impose stringent
norms for emission Royal Enfield was the first motorcycle manufacturer to comply, a tradition which
has stuck on thus making emission norms being one of the most important factors the company
focuses on
OUR MISSION
     Our mission is to build and maintain a fleet of Royal Enfield's and its variants for our clients
who are looking for hassle-free rentals for their road trips.
          We are a bunch of adventure travellers ourselves and we understand the joys of bike
expeditions. We believe in providing the best-in-class services for our clients who are looking to
explore destinations in India via Royal Enfield‟s.
          We render services that help motorcycle enthusiasts, adventure holiday travelers and
destination explorers to travel and explore locations via the road medium. We offer different variants
of Royal Enfield for rent, to accompany you on your journey.
OUR SPECIALISATION
          We provide showroom condition Royal Enfields which are available for customers to rent for
short trips, weekend getaways or longer road expeditions. We also plan customized trips to meet your
specific needs.
          Our services are for those who want to discover and explore. Our customers are people who
look to challenge themselves- doing things they might have not done in the past, who seek travel
experiences that are out of the ordinary, who want to experience and explore places and not just visit it.
The sporty, adventurous explorer who constantly seeks challenges is our kind of travelerone who
connects with us and our brand.
          The practice of Corporate Governance in Royal Enfield group takes place at three interlinked
levels:
1. Strategic supervision (on behalf of the shareholders), being free from involvement in the task of
    strategic management of the Company, can be conducted by the Board with objectively, thereby
    sharpening accountability of management.
2. Strategic management of the company, uncluttered by the day to day tasks of executive
    management, remains focused and energized;
3. Executive management of a Division or a Business free from collective strategic responsibilities
    for Royal Enfield as a whole focuses on enhancing the quality, efficiency and effectiveness of the
    business.
       Royal Enfield country wide auto financial service Limited. It takes I order to supplement its
after sales network and after new value for added services for it. Royal Enfield service master will
provided world class quality service at its state of the art work shops, Delighted and developed on per
Royal Enfield Guidelines friend professionals to take personalized care of all bikes maintenance need
less than one roof. The workshop will also have all the latest tools and equipment for diagnosing and
testing vehicle parameters. The company will also facilitate sales and purchase of used bikes.
       •        Ducat i S uperbike
       •        Harley Davidson
       •        Suzuki
       •       TVS
       •       Hero Motor Corp
       •       Baja j Auto L imited
• Bullet Electra 5S
       •       Bullet 350
       •       Bullet Machismo 500 Retro Street
       •       Classic 500
• Classic Chrome
• Classic 350
• Thunderbird 500
• Continental GT
       Milwaukee in Wisconsin. It started its retail operations in Indonesia in the year 2015, August.
Royal Enfield has a strong distribution network that includes services of dealers a nd stockists so that
it reaches consumer markets easily. Its channel in India includes 394 dealership outlets spread over
every Indian state and three Union territories.
awareness c ampaigns at social media portals like Facebook ,      Twitter and YouTube . It takes part
in several shows to increase its brand visibility .
       It revealed its custom bikes in Biarritz, France at Wheels and Waves custom bike show. Royal
Enfield has been a recipient of several accolades and awards in recognition of its works. It won
Business Standard Best Company of the Year 2015 and has even been hailed by previous President
Barack Obama as one of the best bikes he had come across. One of its popular taglines is Made like a
gun, goes like a bullet.
CHAPTER-3
   CHAPTER-3
                              REVIEW OF LITERATURE
       SR Sony Mariya & Dr. K Amutha (2018), in their study about “Customer satisfaction
level towards royal Enfield bikes (with special reference to Coimbatore city)”, stated that This study
is to analyze the customer satisfaction, towards Royal Enfield bikes in Coimbatore city. The
objective of the study helps to know demographic factors, buying behavior, of the customers. This
study is about the preference for the Royal Enfield and it is done through questionnaires from the
customers. The tools and techniques used were simple percentage, chi-square. The achieved result
of the study reveals that ultimate users are the students who uses Royal Enfield Bike and most of
the respondents prefer Royal Enfield due to company image and comfortable. The company must
improve their mileage, model and color in their Royal Enfield Bike.
       Ms. Ameer Asra Ahmed etc. at all (2014) in their article about “A Study On Customer
Satisfaction Level Of Royal Enfield Bullet” stated that This study on customer satisfaction is being
associated with one of the leading two wheeler company the Royal Enfield in the following
paragraph a brief note on the problem that has been undertaken as the subject matter is explained.
In this project report, we will find out the satisfaction level of the Royal Enfield Bullet owner in
Bangalore city. The problem it is facing in the present market scenario. This project evaluates the
various factors that keep the customer satisfied. It also evaluates the various factors that influence a
customer to buy the bullet. While selecting a bullet various aspects that have to be given a thought
with respect to Brand image, Color, Fuel-efficiency, Technology used, etc. A questionnaire was
designed to conduct a survey and the data so collected from appropriate respondents was analyzed
using a statistical package called SPSS and a One-way Anova test was done to test the hypothesis.
RESEARCH METHODOLOGY
       The research design is probability research design and is descriptive research. The important
point for the validation of any research study is based on what type of methodology is adopted.
Sources Of Data
       Data are facts, figures and other relevant materials, past and present, serving as basic study and
analysis.
       The data serves as the bases for analysis. Without an analysis of actual data on specific
inferences can be drawn on the question under study. Inferences based on imagination or guess work
cannot provide correct answers to research questions. The relevance, adequacy and reliability of data
determine of quality of findings of a study. For the purpose of present study data from two sources
have been gathered namely primary and secondary data.
Primary data
       Primary data are original data collected for the purpose of a particular study. In the present
study primary data have been collected by personal interview method with the help of questionnaire.
Secondary data
   These are the sources containing data, which have already been collected and compiled for other
purpose by other researchers. The secondary sources consist of readily available materials and already
compiled statistical statements and reports whose data may be used by researcher for his / her
   •    Newspaper & Articles
   •   Business linne
   •   Various websites
   •   Different marketing journals
Sampling design
       The research was designed to achieve the above mentioned objectives and the following tools
were used to collect the required data.
Sampling Method
       A sample is considered during a research when the size of the population is very large and a set
is chosen to represent the whole population, this set is called a sample is a representative of the
population under study.
       There are two methods of sampling i.e., probability and non probability sampling. To carry out
this project I have used non probability sampling method.
Sampling Frame
       The sample frame represents the groups of respondents that were contacted during the survey it
also represents the profession of the respondents that were connected for data.
Sampling Technique
       To carry out this project Convenience technique has been used sample size.The total sample
size for the data collection for the research was 100 respondents.
       Structured Questionnaires were the tools for data collection. The Questionnaire was neatly
designed and constructed for the purpose in line with the objective of the study.
CHAPTER 5
  CHAPTER-5
                 ANALYSIS AND INTERPRETATION OF DATA
Table No: 5.1
Table showing on the basis of Gender factor
35
30
25
Male Female
Interpretation
      The above Table and chart shows that, 60% of respondents are Male and remaining
40% of respondents are Female.
                                    Married                 Un
                                                                 mmam
                                                                 married
Interpretation
       The above Table and chart shows that, 20% of respondents are married and 80% of respondents
are married
Interpretation
      The above Table and chart shows that, 63% of the Respondents are in the age group of Below
20, 24% Respondents are in the age group of 20 to 30, 13% of the respondent is in the age group of
above 30.
Table No: 5.4
Table shows on the basis of Respondent’s Educational Qualification
Interpretation
       The above Table and chart shows that, 6% respondents belongs to SSLC, 15% respondents
belongs PUC, 69% respondents Educational qualification Belongs to Graduate, 9% respondents
Belongs to Post graduate.
Table no. 5.5
Occupation of respondents is presented
12
Interpretation
       The above Table and chart shows that, 6% respondents have the occupation like professional,
10% respondent having the occupation like business, 12% respondent having the occupation likes
Government Employee, 70% respondents having occupation like students and 4% respondent having
occupation like Others.
Table No: 5.6
Table shows on the basis of Respondent’s Monthly Income
                            20
                                                              Less than
                  12
                                                               Rs.10000 - Rs
                                                    60         15000
                                                               Rs 15000 - Rs
                                                               20000
Interpretation
         The above Table and chart shows that, 60% of the respondents belongs to income group less
Rs. 10,000 per month, 8% of the respondents Belongs to Rs 10,000 – 15,000 per month, 12% of the
respondents belongs to Rs. 15,000 20,000 per month. & 20% of the respondents Belongs to 20,000 &
above.
Table No: 5.7
The table shows on the basis of respondents have own two wheeler bike
Yes No
Interpretation
      The above Table and chart shows that, 75% respondents are own two wheeler bike and 25%
respondents not own two wheeler bike.
Table No: 5.8
The table shows on the basis of respondents which company two wheeler have
Interpretation
       The above Table and chart shows that, 26% respondents have Royal Enfield, 12% respondents
have Hero, 10% respondent have Honda, 12% respondents have Bajaj, 16% respondents have Yamaha
and 24 respondents have others.
Table No: 5.9
Yes No
Interpretation
       The above Table and chart shows that, 78% respondents aware of Royal Enfield Bike and 22%
respondents are not aware of Royal Enfield Bikes.
Table No: 5.10
Interpretation
       Out of 100 respondents, 24% of respondents have thunderbird model, 18% of respondents have
Classic, 36% of respondents belongs to Bullet, 12% of respondents belongs to other model and 10 %
of respondents belongs to Continental GT.
Table no. 5.11
Table shows How did respondents come to know about Royal Enfield
                                           13       18
                                    15
                                                                          Friends &
                                                                          relatives
                                                         48               Observation
                                                                          Brand image
Interpretation
The above table and chart states that, 18% of the respondents come to know Royal Enfield
 through Advertisement, 48% of the respondents belongs to Friends & Relatives, 6% of the
respondents belongs to Observation, 15% of the respondents belongs to Brand image and 13%
respondents belongs to Publicity.
Table no. 5.12
Table shows media of advertisement that have you been introduced Respondents to Royal
Enfield
                           14
                                                             Television
                                                             Magazines
                                                             News
                                         57                  paper
                      15                                     Posters /
Interpretation
       The above table and chart states that, 57% of the respondents come to know about Royal
Enfield through Television Media, 15% of the respondents belongs to Magazine, 9% of the
respondents belongs to Newspaper, 5% of the respondents belongs to Posters / Stickers and 14% of the
respondents belongs to Others.
Table no. 5.13
Table shows from past how many years did respondents know about Royal Enfield Company
Interpretation
      The above table and chart states that, 15% of respondents know about Royal Enfield Company
from One year, 27% of respondents belongs to Two years 33% of respondents belongs to Three years
and 25% of respondents belongs to Don‟t know exactly.
Table no. 5.14
Table shows plan to buy Royal Enfield Bike in future
                         30
                         20
                         10
Ye No
Interpretation
          The above table and chart states that, 66% of respondents are having planned to buy the Royal
Enfield bike in future and 34% of respondents are not having planned to buy the Royal Enfield bike in
future.
Table no. 5.15
Table shows Respondent’s preferred Model
Percentage
             Particular                                 No of Respondents
             Thunderbird                                12                         24
             Classic                                    9                          18
             Other model                                18                         36
             Continental GT                             11                         22
             Total                                      50                         100 %
                                             Source: Field Survey
36
Interpretation
       The above table and chart states that 24% of respondents are prefer Thunderbird, 18% of
respondents are prefers classic bike, 36% of respondents are prefers other model and 22% of
respondent are prefer Continental GT Bike.
Table no. 5.16
Respondent’ think about Royal Enfield bike Technology
                                     11
                                                   20
Magnificen
25 Superb
                                                   44
Interpretation
       The above table and chart states that, 20% of the respondents belongs to Magnificent, 44% of
the respondents think that Royal Enfield bike technology is Superb, 25% of
the respondents belongs to Delighting and 11% of the respondents belongs to     Percentage
Ordinary.
             Particular                             No of Respondents
             Worth                                  14                            28
             Reasonable                             18                            36
             Low                                    0                             0
             High                                   18                            36
             Total                                  50                            100 %
                                         Source: Field Survey
Percentage
             Particular                             No of Respondents
             Excellent                              6                             12
             Good                                   23                            46
             Satisfactory                           11                            22
             Worst                                  10                            20
             Total                                  50                            100 %
                         3                                                  2
                         5
                         3        1
                         0
                         2
                         5
                         2
                             Excellent      Good         Satisfactory
Interpretation
      The above table and chart states that, 12% of respondents opinion that the Royal Enfield
Bike pickup is Excellent, 46% of respondents‟ opinions that the Royal Enfield bike pickup is Good, 22 %
of respondents belongs to satisfactory and 20% of respondents belongs to Worst.
Percentage
             Particular                               No of Respondents
             Excellent                                10                           20
             Good                                     19                           39
             Adequate                                 11                           21
             Insolvent                                10                           20
             Total                                    50                           100 %
                                           Source: Field Survey
             Particular                               No of Respondents
             Definitely                               17                          35
             Probably                                 19                          38
             Might or Might not                       11                          21
             Definitely not                           3                           6
             Total                                    50                          100 %
                          Source: Field Survey
Chart No: 5.20
Interpretation
       The above table and chart states that, 35% of respondents ready to recommend Royal Enfield bikes
to others, 38% of respondents belongs to probably and 21% of respondents belongs to might or might not
and 6% of respondents belongs to definitely not.
CHAPTER-6
                                     CHAPTER-6
6.1 FINDINGS
       Majority of the respondents are come to know Royal Enfield through Friends & Relatives.
       Majority of the respondents come to know about Royal Enfield through Television Media.
       Majority of the respondents know about Royal Enfield Company from Three years.
       Majority of the respondents are having planned to buy the Royal Enfield bike in future.
       Majority of the respondents are prefer Continental GT Bike.
       Majority of the respondents think that Royal Enfield bike technology is Superb        Majority of
       the respondents opinions that the Price of Royal Enfield bike is High.
       Majority of the respondents opinions that the Royal Enfield bike pickup is Good.
       Majority of the respondents opinions that the Royal Enfield Bike road grip is Good.
       Majority of the respondents ready to recommend Royal Enfield bikes to others.
6.2 SUGGESTIONS
    The price of Royal Enfield is very high when compared to competition. The company has will
    established can provide some gifts and discounts to the customers.
    The dealer is also required to provide discount on cash purchase.
    The company also tries to give certain offers to the dealer so as improve his efficiency in the selling
    the Royal Enfield products which other company also give to their dealer.
    As television as the common media for advertising frequent advertisement must be shown in local
    city cable.
    As the dealer has arranged the neon bulbs for advertising in the showroom in the same way.
    The company should provide the warranty for some parts like clutch plates mark.
    The dealer is promotional strategy should provide test rides in colleges and after some special gifts
    like diaries pens, bags etc.
    The dealer is required to maintain all colors of Royal Enfield Sport at all time & it is available to
    customer at right him.
    Give more advertisement in Shimoga City.
    Royal Enfield Company should take of resale value of bike. Resale value is high compare to other
    bikes.
    All spares, accessories should be available at the service stations on proper time.
    To improve the design for wheels for a better road with and safety driving.
6.3 CONCLUSION
       A variety of two wheelers have entered into the two wheeler market. This has increased the
competition Because of competition Sales of two wheelers might have decreased. Therefore, the Enfield
Company has to keep in mind the latest competition prevailing in the market while fixing the price of its
two wheelers particularly Royal Enfield Bike. Because of Royal Enfield Company believes in excellence
in the technology it has achieved more than one million customer satisfaction within part of the years from
its launch No other India two wheeler company has achieved its progress within short period.
       As per the market research carried out by Enfield Company it is found them it is the number one
company in two wheeler segment. By considering all the findings of is hope that the company & dealer
will sing a sweet song of profit‟s in future years.
                                    APPENDIX(Questionnaires)
  1. Gender
       a) Male
       b) Female
2. Marital status:
a) Married ( )
b) Unmarried ( )
3. Age:
       a) Below 20 Years ( )
       b) Between 20-30 Years ( )
       c) Above 30 Years ( )
4. Occupation
      a) Professional      ( )
      b) Business man     ( )
      c) Govt. Employee ( )
      d) Student          ( )
      e) Other specify     ( )
5. Monthly income
      a) Less than 10000 ( )
      b) Rs. 10000-15000 ( )
      c) Rs. 15000-20000 ( )
      d) Above 20000 ( )
      a) No problem
      b) Low milage
      c) High maintenance
      d) Noisy vehicle
a) Trendy
b) High cost
c) Expensive bike
d) low milage
9. Do you agree company takes action towards the complaints lodges by the customer ?
        a) YES
        b) NO
a) Advertisement
c) Observation
d) Brand image
e) Publicity
11. By which media of advertisement have you been introduced to Royal Enfield Company?
       a) Television
b) Magazine
c) Newspaper
       d) Posters/Stickers
       e) Others
12. From Past how many years did you know about Royal Enfield Company?
a) One Year
b) Two years
c) Three years
d) Don‟tknow Exactly
13. Do you have any plan to buy a Royal Enfield Bike in Future?
i) Yes
ii) NO
a) Thunderbird
b) Classic
       c) Bullet
       d) Other model
       a) Brand Image
       b) Durability
       c) Fuel efficiency
       d) Low maintenance
16. What do you think about Royal Enfield Bike’s Technology?
a ) Magnificent
b) Superb
c) Delighting
d) Ordinary
a) Worth
b) Reasonable
c) Low
d) High
a) Excellent
b) Good
c) Satisfactory
d) Worst
19. What do you think about Royal Enfield Bike’s Road grip?
a) Excellent
b) Good
c) Adequate
         d) Insolvent
20. Would you recommend buying Royal Enfield Bike to others?
a) Definitely
b) Probably
d) Definitely Not
………………………………………………………………………………
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                                      BIBLIOGRAPHY
Journals
     Mr. FAISAL.T, (2014), “A study on customer perception towards royal enfield with special
     Reference to Malappuram district”, Asia Pacific Journal of Research Vol: I Issue XVI, August
     2014.
WEBSITES
www.scribd.com
www.citehr.com
www.google.co.in
http://royalenfield.com
www.moneycontrol.com