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Apollo Tyres Customer Satisfaction Study

This document is a summer training project report submitted by Priyanshu for their MBA degree. The report examines customer satisfaction with Apollo Tyres. It includes an acknowledgement, declaration, executive summary, and company profile sections. The report aims to understand factors influencing customer satisfaction with Apollo Tyres and identify attributes that create satisfaction among its users. It will analyze customer satisfaction levels and the relationship between customers and dealers. The objective is to evaluate the competitive position of tyre brands in customers' minds.

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Priyanshu Goel
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0% found this document useful (1 vote)
2K views78 pages

Apollo Tyres Customer Satisfaction Study

This document is a summer training project report submitted by Priyanshu for their MBA degree. The report examines customer satisfaction with Apollo Tyres. It includes an acknowledgement, declaration, executive summary, and company profile sections. The report aims to understand factors influencing customer satisfaction with Apollo Tyres and identify attributes that create satisfaction among its users. It will analyze customer satisfaction levels and the relationship between customers and dealers. The objective is to evaluate the competitive position of tyre brands in customers' minds.

Uploaded by

Priyanshu Goel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 78

A summer training project report

on

A STUDY ON CUSTOMER SATISFACTION


WITH REFERENCE TO

APOLLO TYRES

Submitted By:
Priyanshu
Roll no.: 1424970037
For the partial fulfillment for the degree of
Master of Business Administration
(2014-16)

SHRI RAM COLLEGE OF MANAGEMENT


MUZAFFARNAGAR

Acknowledgement
I am thankful to the almighty God who has given me the
opportunity to express our sincere thanks and deep post
gratitude to all those people who extended their whole
hearted co-operation and helped me completing the project
report successfully.
I would like to thank our mentor Miss. Shruti Mittal who
guided me a lot completing this project report.
I am also thankful to our HOD Dr. Asfaq Ali, who gave me
such opportunity to prepare a project report that will
enhance our practical knowledge & corporate awareness.
Last but not the least l would like to thanks to the fraternity
of SRCM for mentoring, guiding, supporting, teaching &
coaching me in full capacity that has surely enriched my
personality as a whole.

Thanking you

Declaration

I, Priyanshu, hereby declare that the summer training


project entitled A study on customer satisfaction with
reference to Apollo Tyres is own work in the partial
fulfillment of requirement for the degree of M.B.A. Material
contains this report neither previously published or written
by any other person nor accepted for the award of any other
master degree by university of higher learning.

Contents
Acknowledgement
Declaration
PART A
1. Executive Summary

1-2

2. Company Profile

3-5

3. Products

6-12
PART B

4. Introduction to Topic

13-15

5. Project objective

16-16

6. Scope and limitations

17-17

7. Research methodology

18-19

8. Literature review

20-22

9. Data Analysis & Interpretation

23-63

10.

Findings

64-64

11.

Suggestions

65-65

12.

Conclusion

66-66

13.

Bibliography & Reference

67-67

14.

Questionnaire

68-71

Executive Summary

Apollo Tyres is a leading tyre manufacturer of India with subsidiaries in South Africa and Europe. The
company manufactures tyre for passenger cars, truck & bus, farm, off-the road, industrial and specialty
applications like mining. Major brands are Apollo, Dunlop, Kaizen, Maloya, Regal and Vredestein.
The company is expected to benefit from a structural shift to radialisation and growth in the
automobile industry.

This report takes you through the Company information and a detailed SWOT Analysis of the
company in this report. The report provides useful and comprehensive information about the company.
This coupled with SWOT Analysis can be utilized for investment related decision.

Apollo at a Glance
Established in 1972
A turnover of USD 2 billion (INR 127 bn) as of FY 14-15
Available in over 100 countries
Over 16,000 employees
Manufacturing facilities in Asia and Europe. Greenfield in Hungary.

Scope of the report


Companys business profile at a glance
Aerial view of the companys financial performance
In depth analysis of Various Factors affecting the growth of the company as well as sector as a whole

Factors driving growth, Issues & Challenges


Financial comparison of the company with its peers

Reasons to buy
To understand the various factors which are fuelling the growth and those which are/will be critical
for the companys performance in the near term
Comprehensive report covering all the aspects required to understand the companys performance
weighing against the peers.

Company Profile
The history of Apollo Tyres Ltd. is about a companys passion, determination and will to
surpass all obstacles and emerge as a leader in the Indian tyre industry. Named after the radiant
Greek Sun God Apollo, the company has created a niche for itself in the Indian tyre marker. After
three decades of consistent growth, today, Apollo Tyres Ltd. is Indias premier tyre manufacturing
company.
The companys license was obtained in 1972 by Mr. Mathew T Marattukalam, Jacob Thomas
and his associates. In 1974 the company was taken over by Dr. Raunaq, Kerala. The commercial
production began in 1977 with an installed capacity of 420,000 each of tyres and tubes.
High Performance Company That Makes Indias Most Reliable Tyres
Apollo Tyres Ltd, with its corporate headquarters in Gurgaon, India, is in the business of
manufacture and sale of tyres since its inception in 1972. Over the years, the company has grown
manifold, establishing its footprint across the globe.
The company has manufacturing units in India and The Netherlands. It is also setting up a new
manufacturing facility in Hungary, with a planned investment of 475 million. The company markets
its products under its two global brands - Apollo and Vredestein, and its products are available in over
100 countries through a vast network of branded, exclusive and multi-product outlets.
At the end of its financial year on March 31, 2015, Apollo Tyres had clocked a turnover of
US$ 2.08 billion, backed by a global workforce of approximately 16000 employees.
Apollo Tyres Ltd is traded in India on the Bombay Stock Exchange and National Stock Exchange, with
56% of shares held by the public, government entities, banks and financial institutions as on March 31,
2015.

Apollo tyres Ltd. (Atl) is an Rs.2, 600 crore, high performance company. In terms of size, it is
second largest in India and 17th globally.
Apollo is built around the core principals of creating share holder value through reliability in its
products and dependability in its relationship with its stake holders. Apollo tyres Ltd. is a dynamic and
professionally managed organization that is built on trust and transparency.

Vision
A leader in the Indian tyre industry and a significant global player, providing customer delight
and enhancing shareholder value.
The man who dares is the man who has dreamt At Apollo Tyres Ltd., we firmly
believe that no opportunity can be created without a proper plan. Our efforts draw inspiration from that
vision and the core values our visionaries have chalked - out for us.
Vision and values that transcend the geographical, as well as the boundaries of the
mind.
Because we dare to dream, creating the best tyres in the world is not only our mission its our lifestyle.
The one word that symbolizes all that we believe is CREATE.

Values

Customer First

Business Ethics

Care for Society

Empowerment

Communicate Openly

One Family

Products
Segment

Category

In

Two

Wheeler

Introduction
The need to satisfy customers for success in any commercial enterprise is very obvious. The income
of all commercial enterprise is delivered from the payments received for the products and service
supplied to its external customers. If there are no customers, there is no income and there is no
business. In other words customer is the pivotal point for the existence of commercial establishment.
Thus the core activity of any company is to attract and retain customers. It is therefore no
surprise that Peter Druker the renowned management Gury, has said; to satisfy the customer is the
mission and purpose of every business.
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 and when a customer get expected utilities it is called as customer satisfaction.
APOLLO 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 APOLLO tyres has consistently been chosen as oem fitment by almost every major
car manufacturer in India apart from tyres APOLLO also manufacturer conveyor belts, pretreads and
advanced polyurethane paints.
Here every customer of APOLLO is getting satisfaction and it may analyzed by the following
information

APOLLO 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 company in India to
manufacture and market Nylon tyres passenger tyres commercially.

APOLLO 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
confident on its product.

So as per the above information it found that the customer satisfaction towards APOLLO tyres is good

Statement of the problems:

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 the
satisfied customer will remain loyal to the firm brands.

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 make
decision to purchase.

If he finds any problem with tyres, he may change his positive attitude into negative attitude
towards tyres given by the showroom.

Objective of the study


Primary objective:
The main objective of this study is to know the customer satisfaction towards Apollo tyres.

Secondary Objective:

To identify the competitive position of various brands of tyres in customer minds.

To identify the factors influencing customer satisfaction.

To understand the customers post purchase behavior.

To identify the customer and dealer relationship.

To know the attributes which creates customer satisfaction among Apollo


tyre users in Gurgaon .

To know the satisfaction level of the customer with the Apollo tyres.

To know valuable suggestion form the customer.

Scope & Limitations of the study


SCOPE:

The study is purely based on the survey conducted in Gurgaon 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.

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.

2.

Due to time and cost constraint the sample size selected is 100.

3.

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.

Research methodology
Research methodology is a way to systematically solve the research problem. It may be understood as a
science of studying how research is done scientifically. In it we study the various steps that are
generally adopted by a researcher in studying his research problem along with the logic behind them. It
is necessary for the researcher to know not only the research methods or techniques but also the
methodology.

Research Design:
Target Population: Population of the research is the consumers who are well aware of the tyres and
who are above 18 years of age.
Research Design : Descriptive Research
Sampling unit: Same as the sample element.
Sampling Technique: Convenience sampling like personal interview, telephone survey, mail survey
Sample Size : 150 sampling units selected from the Target population.
Contact Method: Researcher have contacted sampling units personally and with the help of one to
one interaction researcher have conducted survey.
Extent: The location considered by the researcher is Gurgaon city.

Data Sources:
Primary Source: Questionnaire
Secondary Sources: Books like Marketing Research by Kothari RC
Journals
Websites
Reports

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 noncustomers; 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.

Improving Customer Satisfaction


Published standards exist to help organizations develop their current levels of customer satisfaction.
The International Customer Service Institute (TICSI) has released The International Customer Service
Standard (TICSS). TICSS enables organizations to focus their attention on delivering excellence in the
management of customer service, whilst at the same time providing recognition of success through a
3rd Party registration scheme. TICSS focuses an organizations attention on delivering increased
customer satisfaction by helping the organization through a Service Quality Model.
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.

Data Analysis and interpretation


This chapter includes the analysis and interpretation of the collected data.
Statistical tools are applied like simple percentage methods were it is used to classify the respondents.
Weighted average method and Chi-square test is used to identify the attitude of the Consumers to
certain factors on selecting the particular one, interpretation were made on the basis of the result if
analysis.

AGE GROUP OF RESPONDENTS


The following table represents the age group of respondents under the study.
TABLE 1
TABLE SHOWING AGE GROUP OF RESPONDENTS
S.NO

Age

No. of Respondents

25 35

30

20

35 45

78

52

Above 45

42

28

150

100

Total
INTERPRETATION:

The above table reveals that out of 150 respondents, 20% of them belong to 25 35 age groups,
52% of them belong to 35 45 age groups. 28% of them belong to above 45 age group respectively.
It is concluded that 52% of the respondents fall under 35 45 age groups.

CHART NO 1
CHART SHOWING AGE GROUP OF RESPONDENTS

AGE GROUP OF THE RESPONDENTS

PERCENTAGE

60
50
40
30

52

20
10

28

20

0
25 35

35 45

Above 45

AGE

EDUCATION
The following table represents the educational qualification of the respondents.
TABLE 2
TABLE SHOWING THE EDUCATIONAL QUALIFICATION OF
RESPONDENTS
S.NO

Education

No. of Respondents

SSLC

62

41.33

HSC

48

32

Degree/Diploma

27

18

Others

13

8.67

150

100

Total

INTERPRETATION:
The table reveals that out of 150 respondents 41.33% of them are SSLC, 32% of the
respondents are H.Sec 18% of them are degree/diploma Holders, 8.67% of the respondents are others.
Hence, it is concluded that 41.33% of the respondents are SSLC.
CHART 2
CHART SHOWING THE EDUCATION QUALIFICATION OF THE
RESPONDENTS

EDUCATIONAL QUALIFICATION

Others

Degree/Diploma

HSC
SSL

The following table reveals the occupation of respondents.


TABLE 3
TABLE SHOWING THE OCCUPATION OF RESPONDENTS
S.NO

Occupation

No. of Respondents

Profession

12

Business

117

78

Others

21

14

150

100

Total
INTERPRETATION:

The table reveals that 8% of the respondents are professionals, 78% of the respondents are doing
business and remaining 14% of the respondents are others.
Hence, it is concluded thathe majority of the respondents are doing business.
CHART 3
CHART SHOWING THE OCCUPATION OF THE RESPONDENTS

OCCUPATION OF THE RESPONDENTS

80
70
60
50
PERCENTAGE 40
30
20
10
0
Profession

Business

Others

ANNUAL INCOME
The below table represents the annual income of respondents, the income level classified as below
Rs. 50000, Rs. 50001-75000, Rs. 75001-100000 and above 100000.
TABLE 4
TABLE SHOWING THE ANNUAL INCOME OF RESPONDENTS
S.NO

Annual Income

No. of Respondents

Below Rs. 50,000

28

18.67

Rs. 50001-75000

46

30.67

Rs. 75001-10000

44

29.33

Above 100000

32

21.33

150

100

Total

INTERPRETATION:

The table reveals that out of 150 respondents, 16.67% of them belong to the income level of below
Rs. 50,000, 30.67% of them belong to the income level of Rs.50001 75000, 29.33% of them belongs to
the income level of Rs. 75001 100000, 21.33% of respondents belong to the income level of Rs. 100001
and above.
Hence, it is concluded that majority of the respondents belongs to the Income level of Rs. 50001
75000.
CHART 4
CHART SHOWING THE ANNUAL INCOME OF RESPONDENTS

ANNUAL INCOME

35
30
30.67 29.33
25
21.33
20 18.67
15
10
5
0
Below
Rs.
Rs. Above
Rs.
50001- 75001- 100000
50,000 75000 10000
INCOME

VEHICLE OWNED

The following table represents the vehicle owned by respondents. The survey conducted only with
bus and lorry owners.
TABLE 5
TABLE SHOWING THE VEHICLE OWNED BY RESPONDENTS
S.NO

Vehicle

No. of Respondents

Bus

62

41.33

Lorry

88

58.67

150

100

Total
INTERPRETATION:

From the table it is revealed that 41.33% of the respondents owing bus and 58.67% of the
respondents owing lorry.
It is concluded that 58.67% of the respondents owing lorry.
CHART 5
CHART SHOWING THE VEHICLE OWNED BY RESPONDENTS

VEHICLE OWNED

41%
Bus
59%

Lorry

NATURE OF BUSINESS
The following table represents the nature of business of the respondents.
TABLE 6
TABLE SHOWING NATURE OF BUSINESS OF THE RESPONDENTS
S.NO

No. of

Nature of Business

Respondents
1

Bus Transport

62

41.33

Lorry Transport

88

58.67

150

100

Total

INTERPRETATION:
From the table it is revealed that 41.33% of the respondents doing bus Transport 58.67% of the
respondents doing lorry transport.
It is concluded that 58.67% of the respondents are doing lorry transport.
CHART 6
CHART SHOWING NATURE OF BUSINESS OF THE RESPONDENTS

NATURE OF THE BUSINESS

41%
Bus Transport
Lorry Transport
59%

LENGTH OF SERVICE
The below table represents the length of service by the respondents, the service are classified as
less than 3 years, 4-7 years and above 8 years.
TABLE 7
TABLE SHOWING LENGTH OF SERVICE OF THE RESPONDENTS
S.NO

Length of Service No. of Respondents

Less than 3 years

24

16

4-7 years

83

53.33

Above 8 years

43

28.67

150

100

Total

INTERPRETATION:
It is observed from the table that out of 150 respondents, 16% of them are less than 3 years,
53.33% of them are 4-7 years and 28.67% of them are above 8 years.
It is concluded 53.33% of the respondents are 4 7 years.

CHART 7
CHART SHOWING LENGTH OF SERVICE OF THE RESPONDENTS

LENGTH OF THE SERVICE

PERCENTAGE

60
50
40
30

53.33

20
10

28.67

16

0
Less than 3
years

4-7 years
NO OF YEARS

Above 8 years

SOURCE OF BUYING
The following table represents the source of buying of respondent
TABLE 8
TABLE SHOWING THE SOURCE OF BUYING
S.NO

Source

No. of Respondents

Dealer

130

86.67

Company

20

13.33

150

100

Total
INTERPRETATION:

The above table shows that out of 150 respondents, 86.67% of the respondents are buying from
dealer 13.33% of the respondents are buying from company.
Hence it is concluded that 86.67% of the respondents are buying through dealer.
CHART 8
CHART SHOWING THE SOURCE OF BUYING

SOURCE OF BUYING

13%

Dealer
Company

87%
BRAND OF TYRES

The following table represents the brand of tyres possessed by the respondents.
TABLE 9
TABLE SHOWING BRAND OF TYRES POSSESSED BY THE RESPONDENTS
S.NO

Brand

No. of Respondents

Apollo

94

62.67

MRF

22

14.67

J.K.Tyre

5.33

Dunlop

2.67

Good year

5.33

Ceat

14

9.33

150

100

Total

INTERPRETATION:
From the table it is observed that out of 150 respondents, 62.67% of them buying Apollo,
14.67% of them buying M.R.F., 5.33% of them buying j.k.tyre, 2.67% of them buying Dunlop, 5.33%
of them buying good year, 9.33% of them buying ceat.
Hence it is concluded that majority of the respondents possess the Apollo tyres 62.27%.

CHART 9
CHART SHOWING BRAND OF TYRES POSSESSED BY THE RESPONDENTS

BRAND OF TYRES
70
60
50

62.67

3
0
20
10
0

14.67

5.33 2.67 5.33

9.33

Apollo MRF J.K.Tyre Dunlop Good Ceat year


TYRE
REFERENCE GROUP
The following table represents the factors influencing buying decision of the respondents to buy
Apollo tyres.
TABLE 10
TABLE SHOWING THE REFERENCE GROUPOF RESPONDENTS
TO BUY APOLLO TYRES
S.NO

Reference Group

No. of Respondents

Advertisement

Friends

36

24

Mechanics

76

50.67

Company-sales man

38

25.33

Total

150

100

INTERPRETATION:
From the table it is influenced that 24% of respondents are influenced by the friends, 50.67% of

respondents are influenced by the mechanics, 25.33% of respondents are influenced by the company
salesman.
Hence it is concluded that majority of the respondents are influenced by mechanics to buy the
tyre 50.67%.

CHART 10
CHART SHOWING THE REFERENCE GROUPOF RESPONDENTS
TO BUY APOLLO TYRES

BUYING DECISION OF THE APOLLO TYRES

60
50
40
PERCENTA 30

50.67

GE

20
10
0

24

25.33

Friends Mechanics Companysales man


PEOPLE

PERIOD OF USING APOLLO TYRES


The following table represents the period of using Apollo tyres by respondents.
TABLE 11
TABLE SHOWING PERIOD OF USING APOLLO TYRES BY RESPONDENTS
S.NO

Period

No. of Respondents

Less than 3 years

23

16

4 7 years

83

55.33

Above 7 years

43

28.67

150

100

Total
INTERPRETATION:

The above table shows that out of 15 respondents, 16% of them are less than 3 years, 53.33% of
them are 4 7 years, and 28.67% of them are above 7 years.
Hence it is concluded that majority of the respondents are 4 7 years 53.33%.

CHART 11

CHART SHOWING PERIOD OF USING APOLLO TYRES BY RESPONDENTS

PERIOD OF USING
60
50

PERCENTA

55.33

40

28.67

30
GE
20

16

10
0
Less than 4 7 years Above 7
3 years
Years
YEAR

APOLLO MODEL
The following table shows which Apollo model mostly preferred by respondents.
TABLE 12
TABLE SHWOING THE APOLLO MODEL WHICH MOSTLY PREFERRED
BY RESPONDENTS

S.NO

Model

No. of Respondents

Deluxe

19

12.67

Amar

67

44.67

XT 9

56

37.33

Apollo deluxe

5.33

150

100

Total
INTERPRETATION:

From the table it is inferred that, 12.67% of respondents buy amar, 37.33% of respondents buy
XT 9 and 5.33% of respondents buy Apollo deluxe.
It is concluded that majority of respondents are preferred to buy amar 44.67%.

CHART No 12

CHART SHWOING THE APOLLO MODEL WHICH MOSTLY PREFERRED


BY RESPONDENTS

MODEL OF THE TYRE

PERCENTAGE

50
40
30
20
10
0
Deluxe

Amar

XT 9

Apollo deluxe

TYPE OT THE TYRE


FACTORS INFLUENCING TO BUY APOLLO TYRES
The following table represents the factors influencing to buy Apollo tyres of the respondents.

TABLE 13
TABLE SHOWING THE FACTORS INFLUENCING TO

BUY APOLLO TYRES


Factors

S.NO

No. of Respondents

Influencing
1

Mileage

35

23.33

Quality

44

29.33

Duration

39

26

Price

12

Road condition
Total

20

13.34

150

100

INTERPRETATION:
From the table it is inferred that, 23.33% of respondents are influenced by mileage, 29.33% of
respondents are influenced by kilometers, 26% of respondents are influenced by duration, 8% of
respondents are influenced by price and 13.34% of respondents are influenced by quality.
Hence it is concluded that majority of the respondents are influenced by kilometers of tyre
29.33%.

CHART 13
CHART SHOWING THE FACTORS INFLUENCING TO
BUY APOLLO TYRES

THE FACTORS INFLUENCING TO BUY


APOLLO TYRES
Road
condition
Mileage

13%

23%

Price 8%

Duration
26%

Quality

30%

LEVEL OF OPINION OF THE RESPONDENTS ABOUT THE DEALER


The following table represents the opinion of the respondents about the dealer.
TABLE 14
TABLE SHOWING LEVEL OF OPINION OF THE RESPONDENTS ABOUT

THE DEALER

Satisfaction of

S.NO

No. of Respondents

Dealer
1

Dissatisfied

48

32

Satisfied

52

34.67

Highly satisfied

50

33.33

150

100

Total

INTERPRETATION:
From the above table it is observed that out of 150 respondents, 32% of respondents state that
the low satisfaction about dealer, 34.67% of respondents state that the medium satisfaction about the
dealer, 33.33% of the respondents state that high satisfaction about the dealer.
Hence it is concluded that majority of the respondents state that the medium level satisfaction
about the dealer 34.67%.

CHART 14
CHART SHOWING LEVEL OF OPINION OF THE RESPONDENTS ABOUT

THE DEALER

OPINION ABOUT THE DEALER

33%

32%

Dissatisfied
Satisfied
Highly satisfied

35%

LEVEL OF OPINION OF THE RESPONDENTS ABOUT THE TYRE


The following table represents the opinion of the respondents about the tyres in various levels.

TABLE 15
TABLE SHOWING LEVEL OF OPINION OF THE RESONDENTS ABOUT THE
TYRE

S.NO

Satisfaction of

No. of Respondents

Dealer
1

Dissatisfied

38

25.33

Satisfied

63

42

Highly satisfied

49

32.67

150

100

Total

INTERPRETATION:
From the above table it is observe that out of 150 respondents, 25.33% of respondents state that
the low satisfaction about the tyres, 42% of the respondents state that the medium satisfaction about the
tyres and 32.67% of the respondents state that high satisfaction about the tyres.
Hence it is concluded that majority of the respondents state that the medium level satisfaction
about the dealer 42%.

CHART 15
CHART SHOWING LEVEL OF OPINION OF THE RESONDENTS ABOUT THE
TYRE

OPINION ABOUT THE TYRE

25%
33%
Dissatisfied
Satisfied
Highly satisfied

42%

POST PURCHASE
The following table represents the opinion of the respondents of post purchase.
TABLE 16
TABLE SHOWING THE POST PURCHASE / RECOMMEDND
TO ANY OTHER
S.NO

Recommend

No. of Respondents

Yes

130

86.67

No

20

13.33

150

100

Total

INTERPRETATION:
From the table it is inferred that 86.67% of respondents are recommended to others and 13.33%
of the respondents are not recommended.
It is concluded that majority of the respondents are recommended to others to buy Apollo tyres.
CHART 16
CHART SHOWING THE POST PURCHASE / RECOMMEDND
TO ANY OTHER

POST PURCHASE/ RECOMMEND TO ANY


OTHER

13%
Yes

No
87%

BUYING IN FUTURE
The following table represents the opinion of respondents about the buying behavior in future.
TABLE 17
TABLE SHOWING THE BUYING IN FUTURE
S.NO

In Future

No. of Respondents

Yes

104

69.33

No

46

30.67

Total

150

100

INTERPRETATION:
69.33% of the respondents revealed that going to buy in future. 30.67% of the respondents are
not going to buy.
Thus it is concluded that out of 150 respondents majority of them are going to buy in future
69.33%.
CHART 17
CHART SHOWING THE BUYING IN FUTURE

BUYING IN FUTURE

31%
Yes

No
69%

PROBLEM WITH DEALER


The following table represents the respondents problem with dealer.
TABLE 18
TABLE SHOWING THE RESPONDENTS PROBLEM WITH DEALER
No. of
Respondents

S.NO

Problem in dealers

Yes

132

88

No

18

12

Total

150

100

INTERPRETATION:
88% of the respondents are no problem with dealers and 12% of the respondents are having
problem with dealer.
Thus it is concluded that out of 150 respondents majority of them are not having problem
with dealer 88%.

CHART 18

CHART SHOWING THE RESPONDENTS PROBLEM WITH DEALER

PROBLEM WITH THE DEALER

12%

Yes

No

88%

DEALERS RESPONSE
The following table represents the opinion of the respondents if any problem with
dealer.
TABLE 19
TABLE SHOWING THE DEALERS RESPONSE TO RESPONDENTS

S.NO

Response

No. of Respondents

Promptly

60

40

Belatedly

79

52.67

Never respondent

11

7.33

Total

150

100

INTERPRETATION:
40% of them are saying the dealers response is promptly, 52.67% of them are saying belatedly,
7.33% of them are saying never respond.
Hence it is concluded that majority of the respondents state that dealer response is belatedly
52.67%.

CHART 19
CHART SHOWING THE DEALERS RESPONSE TO RESPONDENTS

DEALERS OF THE RESPONDENTS

7%

40%

Promptly
Belatedly
Never respondent

53%

CHART 19
CHART SHOWING THE DEALERS RESPONSE TO RESPONDENTS

DEALERS OF THE RESPONDENTS

7%

40%

Promptly
Belatedly
Never respondent

53%

COMPLAINT WITH THE TYRES


The following table represents the complaint with the tyres.
TABLE 20
TABLE SHOWING ANY COMPLAINT WITH THE TYRES

S.NO

Complaint

No. of Respondents

Yes

117

78

No

33

22

Total

150

100

INTERPRETATION:
78% of the respondents are having problem with tyres and 22% of them are not having problem
with the tyres.
Hence its concluded that majority of the respondents are having problem in tyres
78%.

CHART 20
CHART SHOWING ANY COMPLAINT WITH THE TYRES

COMPLAINT WITH THE TYRES

22%
Yes

No
78%

COMPLAINTS SETTLEMENT
The following table represents the complaint solved how.
TABLE 21
TABLE SHOWING THE COMPLAINTS SETTLEMENT

S.NO

Education

No. of Respondents

Replacement

52

34.67

By service

98

65.33

By refund of money

Total

150

100

INTERPRETATION:
34.67% of respondents are saying by replacement and 65.33% of respondents are saying by
service.
Hence its concluded that majority of the respondents state that the service 65.33%.

CHART 21
CHART SHOWING THE COMPLAINTS SETTLEMENT

COMPLAINTS SETTLEMENT

70
60
50

40

PERCENTAGE
30
20
10
0

65.33
34.67

Replacement

By service
SERVICE

STATISTICAL TEST
CHI-SQUARE TEST-1

To determine whether there is significant difference between recommendation and percentage of other
satisfaction level.
Ho: There is no significant different between recommendation to others and satisfaction level
H1: There is significant different between recommendation to others and satisfaction level

Recommendation

Yes

No

Total

Highly satisfied

45

49

satisfied

56

63

dissatisfied

29

38

total

130

20

150

(O-E)

(O-E)2

(O-E)2/E

45

42.46

2.54

6.45

0.152

6.53

-2.53

6.4009

0.980

56

54.6

1.4

1.96

0.035

8.4

-1.4

1.96

0.233

29

32.93

-3.93

15.44

0.470

5.06

3.94

15.52

3.06

Total

4.93

= (O-E)2
= 4.93

DOF = (C-1) (r-1)


2*1 = 2
2

@ 5% level of significance the tabulated value of is less than the calculated value =5.99
So we accept Ho There is no significant different between recommendation to others and
satisfaction level

CHI-SQUARE TEST-2
To determine whether there is significant difference between recommendation and percentage
of other satisfaction level.
Ho: There is no significant different between buying in future and satisfaction level. H1: There is
significant different between buying in future and satisfaction level.

Recommendation

Yes

No

Total

Highly satisfied

49

49

Satisfied

44

19

63

Dissatisfied

11

Total

104

27
46

38
150

(O-E)

(O-E)2

(O-E)2/E

49

33.97

15.03

225.90

6.65

15.02

-15.02

225.60

15.02

44

43.68

0.32

0.1024

0.0023

19

19.32

-0.32

0.1024

0.0053

11

26.34

-15.34

235.61

8.93

27

11.65

15.35

253.62

20.22

Total

50.82

= (O-E)2
= 50.82

DOF = (C-1) (r-1)


2*1

=2
2

@ 5% level of significance the tabulated value of is less than the calculated value = 5.991
So we accept H1 There is significant different between buying in future and satisfaction level.

RANK ORDER FOR BRANDS


WEIGHTED AVERAGE METHOD

The following table represents the rank order for brands the rank was calculated by using
weighted average method.
wx
= Total Number of Respondents
w
TABLE 22
TABLE SHOWING RANK ORDER FOR BRANDS

S.NO

Brand

Weighted
Average

Rank

Apollo

79

22

49

5.2

M.R.F.

11

109

30

4.87

CEAT

39

12

53

12

30

3.81

10

97

26

15

2.8

19

32

30

32

31

3.04

11

29

68

32

2.34

GOOD
YEAR

J.K.
tyre

Dunlop

INTERPRETATION:
The method implies that Apollo getting highest importance and ranked one.
M.R.F. and Ceat ranked as second and third.

RANK ORDER FOR TYRES


The following table represents the rank order for Tyres the rank was calculated by using
weighted average method.
wx
= Total Number of Respondents
w
TABLE 23
TABLE SHOWING RANK ORDER FOR FEATURES OF APOLLO
PREFERENCE

S.N
O

Items

Weighted
Average

Rank

Rood grip

79

51

33

5.3

Extra mileage

30

98

22

5.05

Price consumption

42

30

12

39

14

22

3.98

Attractive packaging

19

54

66

1.90

Warranty

11

13

29

58

32

2.56

Trade design

19

31

38

43

2.23

INTERPRETATION:
The method implies that features of Apollo tyre preference road grip are ranked one. Extra
mileage and price consumption ranked as two a three.

Findings

52% of the respondents fall under 35 45 age group.


41.33% of the respondents are SSLC.
78% of the respondents are doing business.
30.67% of the respondents belong to the income level of Rs 5000075000.

58.67% of the respondents owe lorry.

58.67% of the respondents are doing lorry transport business.

53.33% of the respondents 4-7 years having length of service.

86.67% of the respondents are buying tyre with dealer.

62.67% of the respondents are possessed to buy Apollo tyres.

50.67% of the respondents are influence by mechanics to buy Apollo tyres.

53.33% of the respondents are using Apollo tyres in between 4-7 years.

44.67% of the respondents are preferred to buy Apollo tyres.

29.33% of the respondents are influenced to buy Apollo tyres by Quality.

34.67% of respondents are medium level satisfaction about the tyres.

42% of respondents are medium level satisfaction about the tyres.

86.67% of respondent are recommending to others to buy Apollo tyres.

69.33% of respondents are going to buy Apollo tyres in future.

88% of respondents are not having problem.

52.67% of respondents are saying the response is belated.

78% of respondents are having problem in tyres.

65.33% of respondents are saying complaints are solved by service.

The respondents are mostly preferred Apollo Tyres.

The respondents are highly preferred rood grip of the tyres.

Suggestions
From the above study, the sale of Apollo tyres is through quality, durability and mileage. As it
plays very important role among the respondents. As such it is suggested that the title more
concentration can be made an Quality, durability and mileage to achieve a good percentage of target.
Even though the design does nt have any direct influence on the sale of Apollo tyres, then dealer
should also promptly solve the Queries of the customer. This makes more sales.

Some concession should give to the mechanics, because most of Customer are influenced by
mechanics to by Apollo tyres.

The company can better improve its quality by making more durable Compotators tyres.

Dealer should satisfy the customer needs promptly in an effective manner, the
dealer should be customer friendly. So that the dealer can improve sales volume. The

company should produce better quality product with minimum price and
should increase durability,. Road grip etc., of the tyres, this can improve the sales volume.
The dealer should be made more effective in providing instructions to thecustomers to meet out
the competitors.

Conclusion
Satisfaction of customer is essential for retention of customers and continuing sales of the
product and service of the company to these customers. This is the establishment need for and the
prime importance of satisfaction.
The study will surely help the organization to understand its customer and their requirements
the expectations of customers from dealers and Apollo tyres are clearly explained in the project. The
study also portray the Apollo tyres the position in the minds of customers among other brands of tyres.
The study will be the one of the tool for the decision makers of the company.

Bibliography

1.

Kothari.R. Research Methodology, Methods and Techniques, Wiley EasternLtd., New Delhi

2.

Philip Kotler Marketing Management, Sixth Edition (1990).

3.

Philip Kotler Marketing Management, Analysis Planning, Implementation and


control, Prentice Hall of India Private Ltd.,

4.

Sharma D.D. Marketing Research, Principles Applications and cases,Sultan chand &
Co., New Delhi.

Appendix
QUESTIONNAIRE
A STUDY ON CUSTOMER SATISFACTION ON APOLLO TYRES Please [ ] the
Appropriate Answer Sincerely
I.

PERSONAL DATA:
1. Name

2. Age

3. Education

4. Occupation

A) SSLC [ ]

C) Degree/Diploma [ ] D) Others [

A) Profession [ ] B) Business [

C) Others [
5. Annual Income

B) H.Sec [ ]

A) Below Rs.50000
B) Rs.50001 75000
C) Rs.75001 100000
D) Above 100000

II. BUYING BEHAVIOUR:


1.

What kind of vehicle you owe------------------------------

2.

What is the nature of business?


A) Bus Transport [ ]

B) Lorry Transport [ ]

3. How long you are doing transport service? ----------------- Yrs.


4. Where do you buy tyres?
5.Which brand you buy? --------------------------------------------------------------------------------------6. Do you buy Apollo tyres

A) Yes [ ]

B) No

7.

How did you hear about Apollo tyres?


A) Advertisement [ ]

B) Friends [

C) Mechanics [ ]

D) Company Sales man [

How long you are using Apollo tyres?------------------------------------ If you buy Apollo tyres, which model you buy? ---------------------------What factor influenced you the most in buying Apollo tyres?
A) Mileage [ ]

B) Quality [ ] C) Duration [ ]

D) Price [ ]

D) Road Condition [ ]

11. How long you have relationship with dealers? -------------------------------III.

SATISFACTION ABOUT THE DEALER

S/No

Satisfaction about the dealer

Dealer Instruction

2.

The replacement of defective tyres

3.

Dealer are customer friendly

Retarding facility

Promptness of delivery

HS

NS

IV.

SATISFACTION ABOUT THE TYRES

S/No Satisfaction about the tyres


1

Quality of tyres

2.

Price of tyres

3.

Mileage given by the tyres

Road grip of the tyres

Durability of the tyres

HS NS

V. POST PURCHASE BEHAVIOUR:


1. Do you recommend Apollo tyres to others?

A) Yes [
B) No [

2. Will you continue to buy Apollo tyres in future?

A) Yes [

B) No [ ]
3. Did you ever have problem with the dealer?

A) Yes [
B) No [

4. If yes, how did the dealer respond to you?


A) Promptly [ ]

B) Belatedly [

C) Never Respondent [

5. Did you have any complaint with the tyre?

A) Yes [
B) No [

]
]

6. How was the complaint solved?


A) Replacement [

] B) By service [

C) By refund of money [ ]

VI. RANK ORDER


S/No

Rank order for brands

1.

Apollo

2.

M.R.F.

3.

CEAT

4.

GOOD YEAR

5.

J.K. Tyre

6.

Dunlop

S/No

Rank order for preferring Apollo tyres

1.

Better road grip

2.

Extra mileage

3.

Price consumption

4.

Attractive packing

5.

Warranty

6.

Trade design

Rank

Rank

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