HONDA
HONDA
HONDA
WHEELERS,
SUBMITTED BY:
ABHISHEK KUMAR
SUBMITTED TO:
(2016-2019)
ACKNOWLEDGEMENT
Abhishek kumar
ii
DECLARATION
I hereby declare that this project entitled “ CUSTOMER
SATISFACTION TOWARDS HONDA TWO WHEELERS “ is
an original and genuine work carried out by me in partial
fulfilment of the requirement for the award of degree in
BACHELOR OF BUSINESS ADMINISTRATION (BBA) COURSE OF
UNIVERSITY OF PUNE.
Further this report has been submitted for the awar d of BBA
degree has not been submitted in any other or closer form to
any other university or institute.
iii
INDEX
No.
1. Chapter 1- INTRODUCTORY CHAPTERS 1-3
1.1 Executive summary
1.2 Introduction
2. Chapter 2- CUSTOMER SATISFACTION 4-7
2.1 INTRODUCTION
2.2 IMPORTANCE
iv
List of Table and Charts
2 EDUCATION 48
3 OCCUPATION 49
v
CHAPTER 1
INTRODUCTORY CHAPTERS
INTRODUCTION
The two wheeler industry has been expanding rapidly. Gone are the days when
processing a two wheeler was seen as a luxury. Now a day it is viewed as a mere
necessity. Prior, sale of two wheelers was mainly confined to urban areas but lately in
rural areas the bicycles are being replaced by power driven two wheelers such as
scooters and motorcycles. Not only this, the industry has also customers ranging from
all demographic segments. It has been common that even school going children are
driving two wheelers. The women customers are also increasing due to increase in
women literacy and employment. iIf getting a new customer is difficult, then retaining
a current customer is more difficult one and not only that it is estimated that the cost
of attracting a new customer is five times retaining the current customer. It requires a
great deal of effort to induce satisfied customer to switch away from their current
preference. Thus customer attitude is been given top priority in today’s world. After
globalizations, number of two wheeler markets have entered Indian Market. New
companies have been set up with foreign, specially Japanese Collaboration by already
established companies. Honda motors Japan has set up subsidiary company at Gurgaon
, India to offer state of the art Honda two wheelers to Indian makes Honda motors with
its wide product range has achieved a respectful market shone with strong dealer
network and excellent after sales services. Even though there is waiting period for
some products, some are available across the shelf dealerships are upon not only at
1
There is a need to study to efforts put in by the Company, Dealers and Service network
to study the extent to which customers are satisfied with the product, service and allied
services etc. Hence it is proposed to study the Customer Satisfaction levels of Honda
Customers with respect to the product performance, after sales service and other allied
2
CHAPTER 2
SECTOR PROFILE
3
CUSTOMER SATISFACTION
INTRODUCTION
both a goal and a marketing tool. Companies that achieve high customer satisfaction
ratings make sure that their target market knows it. Actual performance by the firm
Customer Satisfaction.
The essence of the marketing concept is that organizations must adopt customer
oriented feature sand focus their attention of building programs, offering and
strategies that satisfy customer needs and wants. Many organizations maintain their
mistaking the means for the end. Successful marketing involves companywide
transformations in attitude beliefs and perceptions of the people in how the view the
marketers from Laggards .The excellent companies really close to their customers,
other companies top about it, excellent companies really close to their customers, other
companies to about it, excellent companies do it’. The companies, which show extra
4
ordinary concern for the customer, include. American express, McDonald’s, Citibank,
IBM who go to the smallest dealers also “Never forget the customer’s attitude is the
3.They are not an interruption to own work, they are the purpose of it.
4.They are doing us favour when they come in, we are not doing them favour by serving
them.
6. They are not just statistic. The customers are human beings with flesh and blood
7.People come to us with their needs and wants. It is our job to fulfil them.
8.They are the lifeblood of every business without whom the door of the business
CUSTOMER SATISFACTION
Whether the buyer is satisfied after purchase depends upon the offer performance in
Satisfaction is the level of a person’s felt state resulting from comparing a product’s
function of the different between perceived performance and expectations some of the
5
successful business firms are aiming for total Customer Satisfaction which increase
The need to satisfy customer for achieving success in any commercial enterprise is so
obvious, one wonder if there is any need to establish the importance of customer
satisfaction. However one often finds that what should be obvious everyone also needs
the payment received for the products and services supplied to its external customers.
customers are the sole reason for the existence of commercial establishments, as the
function is extremely important for the success of the organization, the senior
realize the importance of customers to the organization and for its growth. It is
therefore no surprise that Peter Drucker, the renowned management guru said “ to
6
CHAPTER 3
CUSTOMER SATISFACTION
PROCESS
7
CUSTOMER SATISFACTION
PROCESS
Companies seeking to win in today’s market must track their customer’s expectations
perceived company performance and customer satisfaction not only for them but for
their competitions well-bred loyalty and Customers satisfaction on the other hand are
almost synonymous and their impact on market share is statistically verifiable. The
value creation have been the subject of considerable research over the years and the
It has been found that some customers are, by native tendency, more likely to move
while others are not. Therefore even for some level of satisfaction or dissatisfaction,
some customer will remain with the brand they are loyal to while others will switch.
Simply because they are more prone to taking risks and more easily susceptible to the
four way matrix as given below. High 1. Safe Customer Habitual Switches Satisfaction
with 3. The Patient ones High rise Production Low Customer Classification by
Satisfaction and Mobility1.The Safe Customers are those who are satisfied and not
likely to move.2.The habitual switches are happy and still likely to switch.3.The
patient ones will stay on regardless but should not be taken for granted. Their
satisfaction can be improved profitably as they are inherently less likely to switch.
Today’s customers are global and have high degree of need for contrition, recognition,
8
approval and respect. So many companies believe that customer satisfaction can make
It builds goodwill in the market, which in turn generates additional traffic to the outlet.
It is a real experience and a rich insight is to customer’s min to hit the bull’s eye with
spending patterns, customer develops a sense of belonging in then and a soft corner
Higher customer retention index, customer lifetime value, loyalty and satisfaction
level increase transactions with the same customers again and again.
The company should not rely totally on technical people but employ relationship
managers who well equipped with marketing Communication and interpersonal skills.
Higher customer retention index, customer lifetime value, loyalty and satisfaction
level increase transactions with the same customers again and again.
9
Company should not rely totally on technical people but employ relationship managers
customers.
Companies should continuously search for value building approaches through a system
important.
The various methods generally adopted to track customer satisfaction are :a)Complaint
analysis
A Customer’ cantered organization would make it easy for its Customers to deliver
Electric, Whirlpool established “Customer hot lines” with toll free 800 telephone
numbers to maximize
which customers can enquire make suggestion, or complaints. Their information flows
provides these companies with many good ideas and enable them to act more rapidly
to resolve problems.
10
A company must not conclude that it can get a full picture of customer satisfaction
show that customer are dissatisfied with one out of every four purchases and less than
5% of dissatisfied customers will complaint customer may feel that their complaints
are minor, and they will be made to feel stupid or that no remedy will be offered. Most
customers will by less or switch the supplier than complaint. The result is that the
company has needlessly lost customers. Therefore, companies can’t use complaint
find out how they feel about various aspects of the company’s performance. Customer
“indicate how satisfied you are with service” on the following scale, highly
Respondents can be asked as well as to rate how much they expected of a certain
attribute and also much. They experienced (desired dissatisfaction) still another
method to ask respondents to list any problems they had with the offer and to list any
respondents to rate various elements of the offer in items of the importance of the each
of and how were the organization performed each element (important performance
ratings). Its last method helps the company to know if it is under performing on
C)Ghost shopping
pose as potential buyers to report their finds on strong and weak points they
Companies should contact who stopped buying or who have switch to another supplier
to learn why this happened. When IBM loses a customer, they amount through effort
or learn where they failed is their price too high, their service deficient their products
unreliable and so on. Not only it is important to conduct exit interviews but also to
monitor the customer loss rate, which if its increasing clearly indicated that the
When customers rate their satisfaction with an element of the company’s performance
say delivery, we need to recognize that customers will vary in how they define food
delivery ; it could mean early delivery on time ; delivery order completeness, and so
on. Yet if the company had to sell out every element in detail customers would face
huge questionnaire. Companies should also note that managers and sales persons could
customers just before the survey. They can also try excluding unhappy customer form
being included in the survey. Some customers may want to express high dissatisfaction
Companies should contact who stopped buying or who have switch to other supplier
12
CHAPTER 4
13
OBJECTIVES OF THE STUDY
2. To study the customer handling practices prior to sale, during sale and after
14
CHAPTER 5
RESEARCH METHODOLOGY
15
METHODOLOGY
The study is conducted basing on Primary and Secondary Data Primary data is
for purchase and service. Data is also collected through personal discussions with the
dealer, sales and service staff and personal observation made during sale and service.
Secondary data is obtained from company records, web site, published articles etc.
1. PRIMARY DATA
There are five useful methods for collecting data. These primary
methods are direct observation, indirect oral interviews, mailed
questionnaires, schedule method, and local agents.
2. SECONDARY DATA
Secondary data is all the information collected for purposes other than the
completion of a research project and it’s used to gain initial insight into the
research problem. It is classified in terms of its source – either internal or
external. Mostly secondary data are collected from published sources. Some
important sources of published data are the following.
16
TOOLS FOR DATA COLLECTION
Questionnaire Survey.
Books.
Journals.
Magazines.
Internet.
Annual report of the company.
SAMPLING:
Convenient Sampling method is adopted for selecting the respondents. Care is taken
17
Some caution in Measuring Customers Satisfaction
When customers rate their satisfaction with an element of the company’s performance
say delivery, we need to recognize that customers will vary in how they define food
delivery; it could mean early delivery on time; delivery order completeness and so on.
Yet if the company had to sell out very element in detail customers would face huge
questionnaire.
Companies should also note that managers and sales persons could manipulate their
ratings on customer satisfaction. They can be especially nice to customers just before
the survey. They can also try excluding unhappy customers from being included in the
survey. Some customers may want to express high dissatisfaction in order to receive
more concession.
supply a high quality homogenous product to homogenous market will register high
satisfaction.
2.Customer satisfaction is lower an industries where repeal buyer faces high switching
costs. They have to but from the supplier even through their satisfaction is low.
3.Industries which depend upon repeat business generally, create a higher level of
customer
satisfaction.
18
4.As the company increase its market share customer satisfaction call fall. This is
because more customers with heterogeneous demands are drawn into buying a fairly
homogenous product.
After purchasing the product the customer will experience some level of satisfaction
or dissatisfaction. The customer will engage in post purchase actions and product uses
of interest to the marketers. The marketers job does not end when the product is bought
but continue into the post purchase period. The buyer’s satisfaction is function of the
closeness between the buyer’s product expectations the customer buts the product
again and talks favourably or unfavourably about the product to others. Customers
from their expectations on the basis of received. Messages from sellers, friends and
other information sources. If the seller exaggerates the benefits, consumers will
gap between expectations and performance, the greater the consumer’s dissatisfaction.
probability of purchasing the product main. The satisfied customer will also tend to
say good things about the brand tootlers. Marketers lay ‘or best advertisements is the
consumer will try to reduce the dissolvement because a human being strives to
and values .Marketers should be aware of the full range of ways consumers handle
dissatisfaction. Consumers have a choice between taking and not taking any action. If
the former, they can take public action or private action. If the former, they can take
19
public action or private action. If the former, they can take public action or private
complaining to other groups that might help the buyer gets satisfaction. Such as a
business private or government agencies or the buyer might simply stop buying the
product or warn friends. In all these cases the seller losses in having done a poor
Studies of Customer dissatisfaction show that customer are dissatisfied with their
purchases about 25% of the time. But surprising finding is that only about 5%
complain. The other 95%either feels that it is not worth the effort to complain or that
they don’t know how to whom to complain. Of the 5% of customers who complain,
only about 50% report a satisfactory problem resolution. Yet they need to resolve a
customers tells three people about a good product experience dissatisfied customer
groups to people. If each of them tells still other people the number of exposed to bad
20
21
CHAPTER 6
Profile of Honda
22
INTRODUCTION
Honda has been the world's largest motorcycle manufacturer since 1959 as well
volume, producing more than14 million internal combustion engines each year.
fourth largest automobile manufacturer in the United States Honda is the sixth
largest automobile manufacturer in the world. Honda was the first Japanese
Aside from their core automobile and motorcycle businesses, Honda also
generators, amongst others. Since 1986, Honda has been involved with artificial
have also ventured into Aero space with the establishment of GE Honda Aero
23
HISTORY
From a young age, Honda's founder, Soichiro Honda (November 17, 1906 -
the beginning of Honda Motor Company, which would grow a short time later
Philosophy
Honda recognizes and respects individual differences. The respect for individual
Initiative
24
Equality
TrustsIt is the contribution from each individual in the company that has made
our company what it istoday and that, which will take us into the future.
Motorcycles
Honda is the largest motorcycle manufacturer in Japan and has been since it
During the 1960s, when it was a small manufacturer, Honda broke out of the
their subsequent huge success in the U.S. and around theworld, has been the
beenadvanced to explain Honda’s strategy and the reasons for their success.The
first of these explanations was put forward when, in 1975, Boston Consulting
including Honda, had sought a very high scale of production (they hadmade a
from economies of scale and scope.The second explanati on was offered in 1984
the firm’s entry into the U.S. market. As opposed to the tightlyfocused strategy
of low cost and high scale that BCG accredited to Honda, Pascale found that
their entry into the U.S. market was a story of “miscalculation, serendipity, and
adaptability and hard work of its staff, rather than any long term strategy. For
to compete in large motorcycles, around 300 cc. It was only when the team
found that the scooters they were using to get themselves around their U.S. base
of San Francisco attracted positive interest from consumers that they came up
Awards
26
Bike of the Year – CNBC TV18 Overdrive Awards 2011Bike of the Year -
CB Twister
Motoring Award 2011 .Bike of the Year upto 110CC – Bike India .Motorcycle
Steering Awards.
CB Unicorn Dazzler
Motorcycle upto 160CC – NDTV Car & Bike Awards 2011.Sporty Motorcyc le
upto 180CC – Zigwheels Awards .Premium Motorcycle of the Year - Auto Bild
VFR 1200F
Zigwheels Awards
Brand Honda
" Most Reliable Brand - Advanced Technology Brand by Auto India Best Brand
Motorsport
Brand
" Most Reliable Brand- Advance Technology- QualityBy Apollo Auto India Best
Overdrive Award.
2009
CBF Stunner Bike of the Year - NDTV Profit Award 2009Aviator Scooter of the
Awards 2009
2008
CNBC TV18 - Auto Car "Auto Awards 2008.Brand -Well Made Bike 2008
Value 2008By Apollo Tyres - Auto India "Best Brand Survey Awards 2008.
2007
2006
2005
Unicorn Motorcycle of the Year 2005 (B.S. Motoring & auto car)Unicorn TNS
Voice of the Customer Award (TNS)Enter no Scooters of the Year 2005 (B.S.
2004
28
Enter no Best Scootes of the Year (B S. Motoring & ICICI Bank, Overdrive
Magazine)
2003
2002
Activa Scooter of the Year 2001 (BS Motoring).Tokyo, April 28, 2010 --- Honda
Fourth quarter and the fiscal year ended March 31, 2010.
Honda’s consolidated net income attributable to Honda Motor Co., Ltd. for the
fiscal fourth quarter ended March 31, 2010 amounted to JPY 72.1 billion (USD
776 million), an increase of JPY 252.1 billion from the same period in 2009.
Basic net income attributable to Honda Motor Co., Ltd. per common share for
29
the quarter amounted to JPY 39.78 (USD 0.43), anincrease of JPY 138.95 from
the corresponding period last year. One Honda American Depository Share
2,279.5 billion (USD 24,501 million), an increase of 27.8% from the same period
in 2009, due primarily to increased revenue in all of the business segments and
currency translation effects. Honda estimates that had the exchange rates
remained the same from the corresponding period in 2009, revenue for the
increase of JPY368.2 billion from the same period in 2009, due primarily to
income before income taxes and equity in income of affiliates for the quarter
amounted to JPY 93.5 billion (USD 1,006 million), an increase of JPY 392.2
Equity in income of affiliates amounted to JPY 23.8 bi llion (USD 257 million)
for the quarter, anincrease of JPY 21.1 billion from the corresponding period
last year.
Honda’s consolidated net income attributable to Honda Motor Co., Ltd. for the
fiscal year ended March 31, 2010 totalled JPY 268.4 billion (USD 2,885
million), an increase of 95.9%from the previous fiscal year. Basic net income
attributable to Honda Motor Co., Ltd. Per common share for the period amounted
92,210 million), a decrease of 14.3% from the previous fiscal year, primarily
automobile business. Honda estimates that had the exchange rate remained the
same as the previous fiscal year, revenue for the period would have decreased
JPY 363.7 billion (USD 3,910 million),anincr ease of 91.8%, due primarily to
decreased SG&A expenses and R&D expenses and continuing cost reduction
,theunfavorable impact of currency effects and the increase in fixed costs per
taxes and equity in income of affiliates for the period totality 336.1 billion (USD
3,613 million), an increase of 107.9% from the previous fiscal year. Equity in
income of affiliates amounted to JPY 93.2 billion (USD 1,003 million) for the
force in the endurance, motocross and trial races held around the world. We, at
Honda, are not allowing this momentum to let up, as we pursue even greater
achievements. Honda has always loved racing, ever since Sochiro Honda took
technology to be the best in the world. These technologies are tested in the
to 39 riders titles. Even today, some of the greatest motorcycle ra cers, like Alex
Baros, Max Biaggi, Nicky Hayden ride on Honda bikes, at theraces.Honda enters
the Isle of Man TT Races in 1959 Honda is an active participant in many off -
these are not just for the race tracks, but are also incorporated in our
everydayvehicles. They are first tested, refined and proven under the trying
conditions in the races, andthen finally adapted in the vehicles, so that two
wheelers like Activa and Dio can utilise and benefit from such technologies.
HISTORY :
From Monthly Sale of 160 Two wheelers initially it has reached a monthly sales
aggressive, clear headed management and with sheer hard work of every staff
member and above all out standingcustomer support. AMAN Honda captured
25% of Visakhapatnam two and wheelers market successfully standing with the
70members, with an annual turnover of Rs. 12 crores. They have also opened a
2.Exchange Melas
3.Mileage Contest
4.Loan Melas
8.Distributing pamphlets
9.Advertising in newspaper.
SERVICE DEPARTMENT
Head : Shiva1..6 Free Services and nine Paid Services for active aviator dio
shine cbr250etc.
2.6 Free Services and 14 Paid Services for 125CC and 150CC Vehicles.
6.We are giving warranty for fuel adulteration for single time.
Spare Parts
33
Spare Parts In charge – SIVAInput:Every Month Purchase of of Spare Parts
Output: Sols of Spare parts – work shop of Honda Show Room outside
Finance Level
1.The VISHNU HONDA Provides sum finance facility to the customers. The
c.Sriram Financed.
d.fulletron
The finance lever provides interest rate Rs. 1per 100. The customer paid
minimum 30% of the Vehicle Amount. The finance facility taken by the above
Sales Team
monthly they are sold 400 vehicle. They provide 12% Interest rate. Incentive
given by company per vehicle 1000to 1500 Rupees of them. The demand is very
more for Honda Bikes there are 50% of Bikes Purchase by spot cash 50%Vehicle
side Finance Purchase. They are not giving any offer to vehicle sometimes
ACHIEVEMENTS
They are good in Customer Dealership Enquiries and giving good facilities to
Customer. 34
Honda recognized as ‘Manufacturer of the Year 2012’
Honda’s efforts were recognized at BBC Top Gear Magazine Awards 2012 and
Bike India Awards 2013, where HMSI won the “Manufacturer of the Year 2012”
award.
This prestigious award is even more significant, as it has come at a time when
On the product front too, Honda’s first true mass motorcycle for India – Dream
Yuga has successfully created a new benchmark for mass mobility in India.
of the Year”, “Motorcycle of the Year upto 110cc” and “AAA Creative TV
Commercial of the Year” at NDTV Car and Bike Awards 2013 where the reputed
jury consisting of veritable auto experts and NDTV viewers voted for their
favourite motorcycle of the year. It also bagged “Co mpact Bike of the Year”
award at the CNBC TV18 Overdrive Awards 2013; and “Motorcycle of the Year
Honda Motorcycle and Scooter India (HMSI) announced that its production has
crossed 35 million units. What has made this achievement even more special for
be built by Honda was the Activa 4G at its second plant in Tapukara, Rajasthan.
Speaking about the milestone, Minoru Kato – president and CEO, HMSI said,
“Thanks to great support from customers in both India and 68 countries acros s
the world, Honda 2Wheelers India is celebrating our 35 millionth two -wheeler
landmark today. Taking forward this love and trust, we at Honda are committed
to provide quality products and experiences that make customers’ lives more
enjoyable.”
Honda commenced its two-wheeler operations in 2001 and took 11 years to reach
the 10 million mark, which was also the year that it ended its joint venture with
Hero. Honda’s tremendous growth in India can be gauged from the fact that it
has added 25 million new customers in the past five and half years. Fuelling this
growth is the Honda Activa, which is the undisputed king in the scooter segment
and also wears the crown of the highest selling two -wheeler in the world’s
largest two-wheeler market (India). Honda recently unveiled the new Activa 5G
at the 2018 Auto Expo, which will soon go on sale. The brand also added that
Senior VP - Sales and Marketing, Navinder Singh Guleria said, "With an eye on
the 2020, Honda 2Wheelers India's ambition is to 'Lead in India and the World
with Quantity and Quality'. Backed by strong domestic sales, India is already
the No. 1 contributor to Honda's global two -wheeler sales. On the exports front,
our tri-fold strategy of introducing new models, entering new markets while
36
consolidating in existing markets has resulted in achieving 2 million export
milestone. We thank our customers and business partners across the globe for
their trust in Honda 2wheelers made in India. The futur e is exciting as the BS-
Honda cumulative two-wheeler exports though have seen a three -fold increase
in recent years. The company first hit the one million mark 14 years after
beginning export operations, while the two million mark took just three years to
achieve. The company exports to 28 markets from India including Asia -Oceania,
Latin America, the Middle East and Europe. A total of 16 models are exported
from the country overseas with Latin Am erica and SAARC countries leading the
export demand.
Over 60 per cent of Honda's exports comprise scooters with the company being
India's number one scooter exporter with a 63 per cent market share. In fact, the
manufacturer says that ever second scooter exported from the country is a
'Honda Dio'. Motorcycle exports, meanwhile continue to grow double -digit and
contribute over 50 per cent to Honda's total exports from India. With the BS6
norms coming up, Honda is optimistic that the upgraded motorcycles ma de-in-
India unlock new markets for Honda commenced its two -wheeler operations in
2001 and took 11 years to reach the 10 million mark, which was also the year
that it ended its joint venture with Hero. Honda’s tremendous growth in India
can be gauged from the fact that it has added 25 million new customers in the
past five and half years. Fuelling this growth is the Honda Activa, which is the
undisputed king in the scooter segment37and also wears the crown of the highest
selling two-wheeler in the world’s largest two-wheeler market (India). Honda
recently unveiled the new Activa 5G at the 2018 Auto Expo, which will soon go
on sale. The brand also added that one Honda two -wheeler is sold every five
seconds in India!
Honda’s efforts were recognized at BBC Top G ear Magazine Awards 2012 and
Bike India Awards 2013, where HMSI won the “Manufacturer of the Year 2012”
award.
This prestigious award is even more significant, as it has come at a time when
of Indian 2-wheeler industry from April -November 2012. Today, Honda is the
growth in customers trust. On the product front too, Honda’s first true mass
motorcycle for India – Dream Yuga has successfully created a new benchmark
for mass mobility in India. Honda’s Dream Yuga won 5 prestigious awards -
110cc” and “AAA Creative TV Commercial of the Year” at NDTV Car and Bike
Awards 2013 where the reputed jury consisting of veritable auto experts and
NDTV viewers voted for their favourite motorcycle of the year. It also bagged
38
39
CHAPTER – 7
ANALYSIS OF STUDY
40
AGE
INTERPRETATION
41
From this table, we can infer that 43% of the two wheeler users are between 18
to 25 years of age and another 14% are between 36 to 45 years of age. 15% of
the bike users are between 26 to45 years of age. 26%users are above 46 years of
age.
EDUCATION
SCHOOL 07 11
EDUCATION
UNDER 32 50
GRADUATE
GRADUATES 11 17
POST 14 22
GRADUATES
TOTAL 64 100
42
EDUCATION
INTERPRETATION
17% of the respondents are Graduates and 50% are Under Graduates. From this
we can infer that67% of the bike users are under graduates or Graduates. 11%
INCOME NO OF RESPONDENTS %
BELOW 50K 0 0
51K-1LAKH 39 61
43
1LAKH-2LAKHS 22 34
2LAKHS-5LAKHS 3 5
ABOVE 5LAKHS 0 0
TOTAL 64 100
INTERPRETATION
It is surprising to note that 95% of the bike owners are having annual income
less than 2 lakhs. In this 5% are having income between 2 lakhs to 5lakhs.
Though this looks un reliable, generally respondents do not reveal their real
incomes. They have quoted their incomes as per the Ration Cards they possess.
44
OCCUPATION
OCCUPATION NUMBER OF %
RESPONDENTS
STUDENTS 51 80
EMPLOYEE 00 00
BUSINESS 11 17
ANY OTHER 02 03
TOTAL 64 100
OCCUPATION
45
INTERPRETATION
80 % of the bike owners are students and 17% are business people. Only 3% are
any other
BRAND PATRONAGE
ACTIVA 15 23
DIO 08 13
AVIATOR 02 03
SHINE 15 23
UNICORN 14 22
TWISTER 01 02
STUNNER 02 03
DAZZLER 06 09
CBR 01 02
TOTAL 64 100
46
BRAND PATRONGE
INTERPRETATION
Activa and shine are the most popular models of Honda each contributing 23%.
Next popular is unicorn with 22%.67% of the two wheelers sold are either Activa
Shine or Unicorn.
PRICE 52 82
PROMOTION 00 00
APPEARANCE 12 18
TECHNOLOGY 00 00
ANY OTHER 00 00
TOTAL 64 100
47
REASONS FOR CHOOSING HONDA
TECHNOLOGY
APPEARANCE
PROMOTION
PRICE
INTERPRETATION
While choosing Honda and a particular model, the customers are influenced by
the price of the bike. Limited importance is given to Appearance of the vehicle.
INFLUENCER
SELF 02 04
48
FAMILY MEMBERS 02 04
FRIENDS 60 92
ANY OTHER 00 00
TOTAL 64 100
INFLUENCER
11% 3% 4%
SELF
FAMILY MEMBERS
FRIENDS
ANY OTHER
82%
INTERPRETATION
92% of the customers have decided to buy Honda Vehicle influenced by their
49
REASONS FOR CHOOSING THE DEALER
REASON NUMBER OF %
RESPONDENTS
LOCAL DEALER 37 58
SERVICE DEALER 27 42
SCHEMES 00 00
FINANCE FACILITY 00 00
ANY OTHER 00 00
TOTAL 64 100
58% of the customers have brought the vehicle from the particular dealers
because he is alone dealer. 42% have preferred because the dealer is also a
service dealer. Schemes and finance facility have no impact on dealer choice.
SERVICE RATING
RATING NUMBER OF %
RESPONDENTS
EXCELLENT 00 0
GOOD 19 30
AVERAGE 18 29
NOT SATISFIED 27 41
TOTAL 64 100
51
SERVICE RATING
INTERPRETATION
41% of the customers are not satisfied services of the dealer AMAN Honda
RATING NUMBER OF %
RESPONDENTS
HIGH 04 06
SLIGHTLY HIGH 51 79
52
REASONABLE 09 14
CHEAP 00 0
TOTAL 64 100
11% 5%
13%
HIGH
SLIGHTLY HIGH
REASONABLE
CHEAP
71%
INTERPRETATION
79% of the customers perceive the cost of service and spares slightly high. Only
53
LOYALTY TO DEALER
YES 16 25
NO 48 75
TOTAL 64 100
Sales
YES
NO
YES NO
54
INTERPRETATION
75%of the customers not satisfied with service of AMAN Honda. They do not
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CHAPTER-8
CONCLUSION
56
SUMMARY AND SUGGESTIONS
SUMMARY
Honda is a major player in Two wheeler market. In India almost every second
motor cycle solids from Honda. It is has many award to its credit How strong
the brand may be, every organization has to strive to improve customer
important role in the marketing of any product. Their role is vital mainly in the
wheelers have a peculiar feature as they are used by common man who hardly
has any knowledge of the functioning or repairing of the vehicle, dealers’ role
is very important. Dealers can enhance or tarnish the image of the company and
the product however good it may be. The strength of Honda motors is its channel
partners, and service availability everywhere. The findings of the study are
summarized below:
Customers buy Honda for its technical features like mileage, easy maintenance,
Customers normally prefer local dealers and service dealers for buying a
vehicle.
The dealer at PUNE AMAN Honda motors is rated high by the customer for
SUGGESTIONS
to ensure no stock outs for Activa, Unicorn and Shine. Dealer has to put efforts
to improve quality of after sales service as ma jority opined that they would not
prefer the dealer after free services. Dealer and Company should ensure
marketing the vehicles as they face a very tough competition from local Honda
Dealer i.e., Jupiter .Honda Dealer as well as the company has to put all efforts
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CHAPTER 9
LIMITATIONS
60
LIMITATIONS OF STUDY
61
CHAPTER 10
ANNEXURE
62
Questionnaire
Name: Town/Village:
c. 35-45 b. d.45above
c. Postgraduate. d.AnyOther
c. 1-2lakhs. d. 2-5lakhs.
63 five lakhs.
e. above
4.Occupation:
a. Scooter b. Motorbike
c. Any Other(specify)
6. Since how long are you using the particular two wheeler ?
64
7. Specify the brand of two wheeler do you own ?
a. Activa b. Dio
c. aviator d. shine
e.dazzler g. twister
h. Stunner i. CBR250
j.unicorn
a. Price b. Promotion
a.Self b.Family
c. Friends d.advertisement
a. Yes b. No
b. Less Pick Up
13. How would you rate service offered by ‘Vishnu Honda., for your
Two wheeler?
a. Excellent b. Good
66
14. How do you rate the cost of spares and service charges
15. Do you prefers to get your Vehicle serviced at AMAN HONDA, after
a.yes b.no
LIST OF RESPONDENTS.
67
9. SAKSHI RASKAR 7558420087
68
CHAPTER 10
BIBLIOGRAPHY
69
BIBLIOGRAPHY
Philip Kotler- Principles of Marketing ,Prention -Hall of India. Pvt ltd New
Delhi(1999).
Wiston(1978).
Delhi(2002).
www.Honda2wheelers India,com.BIBLIOGRAPHY
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