Document 1
Document 1
INTRODUCTION
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1. INTRODUCTION
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evaluate it after the buy and the impatof such apprisal on future acquire More than
ever some time as of late, the need to understand clients and buyer direct has
transformed into a fervently issue far and wide, from meeting room and authority
suites to universities and specialist's offices. The examination of customer direct
moreover fuses an examination of components that effect purchase decisions and thing
use.
Perceiving how customers settle on purchase decisions can help advancing
chiefs in a couple of ways. For exmple, if a main knows during research that
petroleum mileage is the most essential quality for a particular targt promote, the
maker can restore the thing to meet that standard. If the firm can't change the diagram
in the short run,it can use progression with a ultimate objective to change clients'
essential administration criteria. For example, a house and an auto give more
satisfaction than a toothbrush. An auto satisfies the need of proprietors for
transportation. They furthermore obtain mental satisfaction from the responsibility for
like an auto with the ultimate objective of this survey, the individual variables like
age, wage, preparing, occupation et cetera., have been picked and the effect of these
individual factors on the buyers' acknowledgment, their obtaining conduct and the
decision technique have been poor down.
1.3. Promoters:
1.3 Board of Directors of Mahindra Reva Electric Cars Pvt. Ltd
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Mission
Serve our clients, in worldwide markets, by giving imaginative, financially savvy,
innovation empowered arrangements that persistently meet and surpass our clients'
desires in this way upgrading partner esteem.
To give ceaseless chances to development and information improvement to our
representatives and business partners.
Likewise to serve the groups inside which we work, with respectability andobligation
Quality Policy
Successful usage of our assets
Embracing preventive procedure in our procedures
Giving sufficient learning and development openings and essential devices
Properly updating the innovation
Concentrating on squander disposal and cost advancement
This might be refined through entire contribution of all representatives, providers and
different partners, guaranteeing commonly valuable associations.
REVA declined in India in 2001 and in the United Kingdom since 2003. The unique
form of REVA has sold more than 4,000 vehicles worldwide in mid-March 2011 [1]
and is also available in the accompanying countries: Bhutan, Brazil, Chile, Colombia,
Costa Rica, Cyprus, France, Germany, Greece, Greece, Hungary, Iceland, Ireland,
Ireland, Malta, Malta, Monaco Nepal Norfolk Islands Norway Peru Philippines
Portugal Spain Sri Lanka. REVA is not included in most European crash test rules
because of its light weight and low power, and Europe's "substantial four-wheel"
classification rather than the "automatic" classification.
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Basic Analysis - 5Cs for MAHINDRA REVA Company
Product offering
The accompanying are the REVA items that are as of now accessible:
REVA: Launched in January 2009, this is the first redo of REVA. As of March
2012,India has sold 4,000 cars.
1.6. REVA NXR: It is marked as REVA NXR City and it was advanced at the endof
2013. This model has significantly changed on experienced models.
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Areas of operation:
G.P.O. 1, Cross Rd, Vasanth Nagar, Bengaluru, Karnataka 560020 8th Floor, Gold
Hill Square Software Park, No. 690, Hosur Road, Bommanahalli, Bengaluru,
Karnataka 560068 BommasandraJigani Link Rd, RK Twp, Yarandahalli,
Bengaluru, Karnataka560099.
Weakness:
Very exorbitant
Not reasonable for occupied experts like authorities and specialists
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Requires moment charging of the batteries
Less sturdiness
More upkeep regularly requires adjusting
Less accessibility of parts for the vehicle
Less mileage per charge &
Dependence on the Product designers
Products and administrations encounter quality issues from time to
time(inconsistency).
Batteries won't keep going long, and too exorbitant to supplant.
Opportunity:
Compete astutely with outline alterations with ICE showcase.
Conversion of electric vehicle into cross breed electric vehicle so these downsides
can belimited.
Designed vehicle ought to be more client well disposed alongside vitality
preservation.
Increasing request in rising outside business sectors.
Increase way of life mark picture
Threats:
Intense rivalry in the business
Intellectual rights encroachment.
Political occasions, psychological oppression, and so forth.
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purchase.
Most customers do not have delicious data for electric cars, they are not
considered to be a noteworthy part of the standard car functions, and they are not
considered as an option when obtaining a car.
The natural and sincere advantage does not leave the potential car customer with
an important question, although the REVA owner is still not a principle division
during the acquisition period.
Most customers think that REVA is distorted rather than motivated by money.
Most purchasers evaluated REVA high on deftness and city driving comfort
In the 25-35 age group, REVA is most common among working women
In the 18-25 age group, REVA has similar standards among school students, butin
this case, the purchase decision is made by the parents
Married people get the impression of being humble and interested by getting a
car.
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CHAPTER 2
LITERATURE REVIEW
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2. LITERATURE REVIEW
A few affiliations have in addition began up solely to outline and make elecric
vehicles – Coda Automotive in the USA, Buddy Electric in Norway, our own emerge
Reva Electric Company. Tesla engine relationship in the US produces self important
elecric diversions cars dissipating the general suspected that electric autos are
immediate, odd-chasing autos recommended down corrupting cognizant customers.
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Kevin Keller (2012) Caterpillar has become a major company and, through the
help of eye-catching CRM, expands the customer's overall admiration. The best
deal is to benefit from business and prepare for business. This allows the company
to be 10% to 20% moreexpensive than competitors, such as Volvo, Komatsu, etc..
Michael Cusumano, Steve Kahl, and Fernaando Suarez (2008) put forward the
reasoningin their paper “Assumptions on the management of goods companies”:
Management has become more and more important in many projects
Adebanjo, D., and Michaelides, R., 2010. Examination of Web 2.0 empowered
e-groups: acontextual investigation. Technovation 30 (4), 238– 248
Adjei, M., Noble, S., and Noble, C. (2010). The impact of C2C correspondences
in online brand groups on client buy conduct. Diary of the Academy of Marketing
Science
Algesheimer, R., Dholakia, U. M., and Herrmann, A. (2005). The social impact
of brand group: Evidence from European auto clubs. Diary of Marketing, 69 (4),
19– 34
Bagozzi, R. P., and Dholakia, U. M. (2006). Open source programming client
groups: An investigation of cooperation in Linux client gatherings. Managament
Science, 52 (7), 1099–1115.
Bender, T. (1978). Group and Social Change in America, New Brunswick, NJ:
RutgersUniversity Press.
Bergami M. and Bagozzi R.P. (2000). Self categoritazion, full of feeling duty
and gatheringconfidence as particular parts of social personality in the association,
British Journal of Social Psychology, 39, 555-577.
Jill Griffin (2002). Customer perception; how to earn it, how to keep it.
Costa R (2013). The effortless experience conquering the new battleground for
customerperception.
Jeffrey Gitomer (1998); customer perception is worthless, customer perception is
priceless; how to make customers love you, keep them coming back and tell
everyone they know.
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Noah Fleming (2016); customer perceptionloop , the science behind creating
greatexperiences and lasting impressions.
Noah Fleming (2015); evergreen; cultivate the enduring customer perception that
keeps yourbusiness thriving.
Jill Griffin (1995); customer perception; how to earn it, how to keep it.
Evangelista (2005); perception, myth; hyped strategies that will put you out of
business andproven tactics that really work.
Carmine Gallo (2012); the apple experience; secrets to building instantly great
customerperception.
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CHAPTER 3
RESEARCH DESIGN
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3 RESEARCH DESIGN
It fills in as a criticism from the customer and gives the organizations the message
with respect to the purchaser mentalities, organizations position, rivalry, feelings of
the shopper in regards to theitem and so forth.
From the seasons of mechanical distress when stock and organizations were conveyed
to the present day, the emphasis has moved from the creators to the buyer and his
needs, and with the customer twisting up perceptibly more required, in the exhibiting
method there is more imperative necessity for information concerning the purchaser
needs. Slants and making them satisfied of the things and organizations, has provoked
a consistent anyway extending need to lead promoting research.
This investigation is an information into the cerebrum of the purchaser, with the
help of which the affiliations will twist up discernibly aware of their entanglements
and in this manner can moreover make upgrades in the thing concerning the level of
satisfaction of the customers towards their contributions in the business focus.
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Objectives :
3.4.Research Methodology:
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SAMPLING METHOD
Sample SIZE: Sample measure is the agent unit of the populace. For this investigation
review will be direct for 100 respondents.
CONTACT METHOD:
SOURCES OF DATA
In dealing with any issue, once the example has been picked the data must be
accumulated from the illustration masses. There are a couple of strategies for social
event fitting data which fluctuate widely in setting of money cost, time and distinctive
resources. They can be widely gathered into two classes.
PRIMARY SOURCE
The Primary Data which is the direct data which I get through individual meetings
through surveys. This information will give the most fundamental data for making my
examination.
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Secondary Source
Secondary Source include in my examination were the data that I gather through
the different broachers and handouts of the organization which will give to me amid
the investigation.
3.5.Limitations
Study is constrained to Pearl Cars Dealers
This consider is only for scholarly reason
The think about is restricted because of time
The test size of this investigation is restricted to 100 respondents
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CHAPTER 4
DATA ANALYSIS AND
INTERPRETATION
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4 DATA ANALYSIS AND INTERPRETATION
4.1.Analysis & Interpretation of the data- collected with relevant tables &
graphs:
4.1. Table showing the results of age of the respondents
Ag
5 e
4.
5
4
3.
5
Ag
3 e
2.
5
2
1. 18-20 21-30 31-40 41-50 50 & above
5
1
INTERPRETATION
0.
5
Consumer acceptance of green cars assessed 100 or 50 respondents. Of the surveyed
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respondents, 36 were between the ages of 23 and 33, 33 were between 33 and 43 and
9 were between 43 and 53. From these aspects, it can be seen that about 45% of the
respondents showedthe majority of the respondents in the 23-43 age group.
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4.2 Table showing the results of Gender of the Respondents
gender
male female
40%
60%
INTERPRETATION
Of the respondents, 47 were male and 31 were female. Therefore, it can be inferred
that the sexof the surveyed subject has been adjusted.
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4.3 Table showing the results of Education of the respondents
DOCTORATE 1 1%
Education
Graduates Post Graduates Doctorate
1% 0%
44%
55%
INTERPRETATION
Out of the respondents reviewed 44 were Graduates, 55 respondents were Post
Graduates and 1 respondent was Doctorate. Along these lines it can be induced that
there is an adjust in the quantity of Graduates and Post Graduates studied
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4.4 Table showing the results of Annual Income of the Family
No. Of Percentage Of
ANNUAL INCOME OF THE FAMILY
Respondents Respondents
less than Rs 600000 14 14%
Rs 600000-800000 12 12%
Rs 800000-1000000 19 19%
Rs 1000000-1200000 17 17%
INTERPRETATION
Among the respondents, 11 were paid less than Rupee. 600000. The annual salary of
9 respondents is Rs. 600000 - 800000. 15 respondents pay Rs. per year. 800000 -
1000000. The annual salary of 13 respondents is Rs.1000000 - 1200000, and the
annual salary of 30 respondents is more noteworthy than Rupee. 1200000. It can be
concluded, therefore, that a group of 74% of the respondents had an annual regular
wage exceeding the rupee. 800000 showsextra cash to buy cars with family.
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4.5 Table showing the results of Understanding about Green Cars
strongly disagree 10 2
Disagree 5 4
neither agree or disagree 15 7
strongly agree 20 18
Agree 18 16
Graduates
Graduates
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15
10
5
INTERPRETATION
From the above diagram the 10 Graduates and 2 post graduates are firmly disagree
and the 5 graduates and 4 post graduates are disagree.15 graduates and 7 post
graduates are neither concur or disagree.20 graduates and 18 post graduates are
unequivocally concur. The 18 graduates and 16 post graduates are concur.
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4.6 Table showing the results of Factors considered during purchasing a car
4.6 Graph showing the results of Factors considered during purchasing a car
INTERPRETATION
Consumers' assessment of green cars assessed 100 respondents. Among respondents,
31.3% of respondents stated that they took into account all specified variables when
purchasing a car, 28.6% of respondents said fuel efficiency, and 20.3% of respondents
stated that the function is to decide the basics of buying a car. Elements, 15.4% said
brand is important, 4.4% of respondents said that the car is environmentally friendly is
a necessary factor Starting from the shopper category, 25 respondents were arranged,
as shown in the chart, whichcorresponds to a pie chart.
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4.7 Table showing the results of OCCUPATION
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4.8 Table showing the results of Motivation expressed by consumer class in buying
the electric scooter
INTERPRETATION
It can be seen that around 50 percent of the journalists purchased their electric bike
as they are more concerned with respect to the earth and vitality preservation The
customer fulfillment towards the electric bike is appeared in table speaks to the
structuredpresentation considering certain parameters for reference.
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4.9 Table showing the results of CONSUMER PREFERENCE FOR PARAMETERS
OF ELECTRIC SCOOTER
Weightage 5 4 3 2 1
Parameter Excellent Good Average Poor Very poor Total
Price 0 0 10 16 25 50
Maintenance 2 4 12 16 16 50
Durability 0 6 18 20 6 50
Style 4 8 20 10 8 50
Easy- Driving 4 10 20 6 10 50
Mileage 0 4 12 18 16 50
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12
10
8 5 Excellent
6 4 Good
4 3 Average
2 2 Poor
1 Very poor
0
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4.10 Table showing the results of MOTIVATORS TO PURCHASE A GREEN
CAR
INTERPRETATION
For consumers' observation of green cars, a total of 100 or 50 respondents conducted
the review. Among respondents, 28.3% of respondents said that they believe that
reducing maintenance has become an inspiration for buying green cars. 26.7% of
respondents said that with green car information, 20.6% of respondents said that the
price is lower than that of ordinary cars. The price tag helps to buy green cars, 18.2%
said government sponsorship or responsibility exclusion is the key, and 6.1% of
respondents said that the demand path for green cars is a spark.
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4.11 Table showing the results of CUSTOMER PERCEPTION ON MAHINDRA
REVA CARS
Respondents Percentagerespondents
Yes 83 83%
No 17 17%
Total 100 100.0
INTERPRETATION
83% of the 100 respondents asserted that their relatives has likewise claim
Mahindra REVAauto. Just 17% of the respondents denied such claim.
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4.12 Table showing the results of REVA cars are serving better than other
brand cars
Respondents Percentagerespondents
Yes 45 45%
No 55 55%
Total 100 100.0
4.12Graph showing the results of REVA cars are serving better than other brand
cars
INTERPRETATION
55% of them noticed that REVA shows improvement over different brands. While the
other 45%guaranteed that REVA serve superior to anything different brands.
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4.13 Table showing the results of REVA has a wide variety of cars
Respondents Percentagerespondents
Yes 74 74%
No 26 26%
Total 100 100.0
4.13 Graph showing the results of REVA has a wide variety of cars
INTERPRETATION
75 respondents demonstrated their assention that REVA has a wide assortment of
autos. Then again 26% of them said that REVA does not have a wide assortment of
autos.
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4.14 Table showing the results of opportunity arises in the future to buy a car
Respondents Percentagerespondents
Yes 45 45%
No 55 55%
Total 100 100.0
4.14 Graph showing the results of opportunity arises in the future to buy a car
INTERPRATATION
In spite of its notoriety and positive perspectives about REVA, 55% of the
respondents demonstrated their less enthusiasm to buy another REVA auto later on.
Not as much as half of the respondents (45%) demonstrate their readiness to do as
such
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CHAPTER 5
FINDINGS, CONCLUSION &
RECOMMENDATION .
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5.1 FINDINGS
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5.2 SUGGESTIONS
1. Learning about Green Cars: Since a hefty portion of the respondents knew about
the Green Cars, better correspondence with respect to its use should be given. This
will guarantee that individuals will give genuine thought to buy.
2. Cost of Green Car: In India, just two assortments of Green Car are accessible.
Reva of Mahindra has a value scope of Rs. 400000 - 600000 while Prius of
Toyota is accessible in the value scope of Rs. 2700000 – 3500000 (Ex-Showroom
Price). Since the vast majority of the respondents will pay in the value scope of
Rs. 400000 – 600000, more advancement from Reva in regards to its value range
is required.
3. Appropriations and Infrastructure: The administration ought to give sponsorships
on tax assessment for buy of green autos, endowments in toll accumulation from
green auto clients, and the framework offices like electronic focuses at petroleum
pumps and key zones ought to be given by the legislature at financed rates till the
request creates for green autos
4. Limited time Events: Events like a test drive visits can led on Corporate parks or
territories where corporate parks are found , famous shopping centers and so on.
Organizations can direct occasions like a Speed , Time Distance Rally there
members can1 utilize green autos for the rally
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5.3 CONCLUSION
The investigation was finished keeping parameters like Age, Sex, Education, Annual
Family Income and Car use.
1. AGE OF THE RESPONDENT: It was watched that age plays imperative
criteria for the conviction that circulation of Green Cars would supplant Conventional
Cars after some time. The greater part of the respondents concur that the Green Car
would supplant ordinary autos however the age gathering of 31-40 years were in
support as against other age gatherings. Age was additionally a critical model for the
comprehension of Green autos. Most respondents comprehend about Green auto yet
they required more data to settle on buy choice
2. SEX OF THE RESPONDENT: The parameter of comprehension of Green
Cars was evaluated against the sex of the respondent. It was watched that most
extreme number of respondents thought about green autos however required more
data to settle on a buy choice. Additionally the quantity of guys who are prepared to
purchase is higher.
3. EDUCATION: The parameter of Education was evaluated against the
comprehension of green autos of a person. The learning about green autos was higher
for Post Graduates than graduates. The parameter of Education was evaluated against
Green autos supplanting customary auto after some time. The quantity of Post
Graduates who concur that Green autos would supplant customary autos after some
time is higher than Graduates.
4. Yearly INCOME OF THE FAMILY: The parameter of Annual pay of the
family was surveyed against future thought to purchase a Green auto. As the yearly
pay expanded the quantity of respondents who were prepared to purchase a Green Car
was higher. The parameter of Annual wage of the family was surveyed against value
willing to pay for a Green Car. Greatest respondents regardless of their yearly pay of
family want to pay Rs. 400000 – 600000.
5. CAR USAGE: The parameter of auto utilization was thought about against
Green Cars supplanting traditional autos after some time. Higher number of clients
whose auto use was recreation concur that Green Cars would supplant ordinary autos
after some time. The parameter of auto utilization was looked at against learning
about Green Cars. The quantity of respondents whose utilization is for day by day
recompense concur that they have better comprehension of Green Cars.
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BIBLIOGRAPHY
38
BIBLIOGRAPHY
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ANNEXURE
QUESTIONNAIRES
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6) what are factors considered during purchasing a car
a. Respondents said fuel efficiency
b. Respondents said features
c. Brand environment friendly
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12) do you think reva cars are serving better than other brand cars
a. Yes
b. No
14) If opportunity arises in the future to buy a car, would you prefer to buy a reva car?
a. Yes
b. No
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