3 - Madhav Hadvani
3 - Madhav Hadvani
3 - Madhav Hadvani
PREPARED BY
Hadvani madhav
ENROLLMENT NO.
01020120120
GUUIDED BY
Prof. Dr. Jitendra Fefar
COLLEGE
Shree R.P. Bhalodia College -Rajkot
SUBMITTED TO
Saurastra University – Rajkot
ACADEMIC YEAR
2022-23
1
DECLARATION
Date: Signature:
2
ACKNOWLEDGEMENT
3
PREFACE
4
Company Certificate
5
College
Certificate
6
INDEX
2) Marketing research
What is market?
Definition of market
Basic chart of the market working condition
What is marketing?
Definition of marketing
Classification of the marketing
Role of the marketing department in the
business Organisation chart of the marketing
department Marketing strategies
Marketing strategies of BGauss company.
Marketing mix
Marketing mix of the BGauss company.
3) Research Methodology
what is research?
Definition of research
What is research methodology?
What is market research?
What is marketing research?
Benefit of marketing research
Types of marketing research
The marketing research process
7
Research approaches
Research design
Research instruments
Sampling methods
Contact methods
Collecting information
Analysing of
information
4) Findings
7) Bibliography
8) Appendix
- Questionary
8
AN OVER VIEW OF
INDUSTRY
1.1 Introduction 10
1.2 An overview of automobile industry 12
1.3 Automobile industry in India 14
1.4 Current scenario of the automobile industry 19
1.5 History of Electronic vehicles 20
1.6 Information about company 26
1.7 Government policy 30
1.8 Vision & Mission of the company 35
1.9 Organisational chart 37
1.10 SWOT analysis 39
1.11 SWOT analysis of BGauss 41
9
Basically, in our life we are use the several ways of the
transportation medium for the migration from one place to another place. In that
several ways there are like cycle, buses, cars, trucks, etc. in short for the go any
were in today’s fast era we can’t be depend on for just go with our lag by
walking. The transportation medium has having so much important in our life.
So, we will discuss some basic knowledge about the automobile and its industry
in this chapter.
10
industry is
indicated by the amount of goods and services produced which give
the capacity for transportation and boost the sale of vehicles.
11
1.2 : An Overview About Automobile Industry
EVs first came into existence in the late 19th century, when
elasticity was among the preferred methods for motor vehicle propulsion
methods for cars and trucks for about 100 years, but electric power remained
commonplace in the other vehicle types, such as trains and smaller vehicles of
all types.
12
In the 21th century, EVs have seen a resurgence due to
technological development and an increased focus on renewable energy. The
international energy agency said in 2021 that governments should do more to
meet climate goals, including policies for heavy electric vehicles. Electric
vehicles sales may increase from 2% of the global share in 2016 to 30% by
2030. As of July 2022, global EV market size was $280 billion and it is
expected to grow to $1 trillion by 2026.
Because of it now from this point there was the rising point of the
automobile industry. In the history the first railway is develop by in 1825 in
England. Then after another turning and the bosting point is given by Carl Benz
in 1887 by making of the first car of the world from the gasoline. Then after
there was the very slow growth of the automobile industry is founded by us.
13
1.3 : Automobile Industry in India:
15
technology, testing,
research, design, manufacturing, import/export, sale, use,
repair, and recycling of automotive vehicles, components and services.
Source: SIAM
16
Automotive market in India overview:
The gross value generated from the road transportation sector was
the highest in India in the financial year 2021, at roughly 4.32 trillion Indian
rupees. The expansion of the road network, combined with continued economic
growth, resulted in a significant increase in the overall number of automobiles.
The car sector has been concerned about the problem of declining air
quality and increased congestion. To deal with the growing pressure from
NGOs and environmental groups, the govt. released, and electronic car taxes
were signification automobiles. With India on track to overtake China as the
world’s most populous country, the quantity of traffic on Indian’s tiny.
Underdeveloped roadways is set to be a constant battle.
18
1.4 current scenario of automobile industry in India
According to the data of the India Brand Equity Foundation India is,
19
1.5 : History of Electronic Vehicle
20
After enjoying success at the beginning of the 20th century, the
electronic car began to lose its position in the automobile markets.
21
After sometimes established charging station with
NEMA connector for electric AMC Gremlin used
by Seattle city Light in 1973. The energy and
resources conservation aspects of electronic vehicle
utilisation for the city of Seattle.
22
The Nissan left, introduced in Japan and
united states in December 2010, became the
first modern all electric, zero tailpipe emission
five door for the mass market from a major
manufacturer.
Norway
achieved the milestone
100000 all EV registered in December 2016.
Retail deliveries of the 383 km Chevrolet bolt
EV began in the San Francisco Bay area jon 13
December 2016.
23
the Nissan leaf listed as all-time best-selling plug-in electronic passenger
car until December 2019, with 450000 global sales, in 2020 with
500000.
24
25
1.6 : About BGauss Electronic Scooter in India
The upcoming scooters will be designed from the group up and will be
based on a new architecture and technology. The EV maker is yet to share
details of specification and technology used in the new e-scooters, it has assured
that its new products will use the best of futures, range, design, safety, security,
and power.
26
B8 Electric scooter price in India:
27
With BGauss, we’re aiming to contribute to the conservation of
environment and elevate lifestyles. The National Electronic mobility Mission
Plan 2020 was announced with a mission to reduce adverse environmental
impacts and secure energy. Fame India – Faster Adoption and Manufacturing of
Hybrid and Electric vehicles in India is a part of this plan.
28
Company Profile
Website https://www.bgauss.com
29
1.7 : Government Policies and Incentives for
electronic vehicles in India
FAME-11:
30
The four focus areas of the fame India scheme are as follows:
PLI SCHEME;
31
Battery Swapping Policy:
32
Special E-mobility Zone:
33
Other Information About Bgauss EV Vehicles
34
1.8 : Mission and Vision of The Company
Vision statement
the long describes run
company, usually for a time frame of
five to ten years or even longer.
35
Mission, vision, or value of BGauss
36
1.9 : Organisational Structure
37
1.9: SWOT Analysis
Strength:
Strengths are factors which the company holds expertise in and
contribute to the continued success of the organisation. These are the basis
for the continued success of the organisation and will assist in gaining the
organisation’s mission.
38
Weakness:
Opportunity:
The environment within which our organisation operates
offers opportunities. An organisation can identify such opportunities and
enjoy benefit arising from them by planning and executing required
strategies.
Threats:
Threats are factors existing in the external environment that
jeopardize the profitability and reliability of the organisation. Such threats are
uncontrollable and prove to be a risk to the stability and survival of the
organisations.
39
1.11: SWOT OF BGauss
Strengths:
The wide product portfolio and its geographic presence in different cities
can help BGauss reach its target audience.
Higher margin enables the measurement in research and development.
High product quality increase brand loyalty.
Strong brand presence in the automobile market as well as online.
Eco – friendly
Silent
Low cost of ownership
Cheaper to run
Energy savings- achievable
From regenerative braking
system
Simpler mechanism.
Weakness:
Needs time to recharge
Lack of recharging infrastructure
Batteries change is expensive
Poor waste management practice
raises environment concerns from
ethical users.
Customer dissatisfied due to poor
customer service and inability to
understand their needs.
Less efficiency in inventory management and cash cycle.
40
Opportunity:
Threats:
41
MARKETING
DEPARTMENT
42
2.1 : what is market?
A market is defined as the sum total of all the buyers and sellers in
the area or region under consideration. The area may be the earth, or countries,
regions, states, The value, cost and price of items traded are as per forces of
supply and demand in a market. The market may be a physical entity, or may be
virtual. It may be local or global, perfect and imperfect.
43
2.2 : Definition of market
According to several authors and the public review the market can be
define as like as follow:
“Market is a collection
of buyers and buyers and sellers
who transact over a particular
product or product class”.
“Market is defined as the sum total of all the buyers and sellers in
the area or region under consideration. The area may be the earth, or countries,
regions, states, or cities.”
44
2.3 : Basic chart of the market working condition
45
2.4 : What is marketing?
46
2.5 : Definition of Marketing
- Collins Dictionary
47
2.6 : Classification of Marketing
These
consumers of the economy
represent the consumption
wheel; on the others,
production wheel consisting of
producers and services rely on
push their goods and services
to those who are needing and
willing to pay for.
48
B2B
Marketing:
Any company that sells to others companies. B2B can take many
forms: software-as-a-services subscriptions, securities, office supplies, you
name it. Many organisations fall under both the B2B and B2C umbrellas. B2B
marketing campaigns are aimed at any individual with control or influences on
purchasing decisions. This can encompass a wide variety of titles and functions,
from entry-level end-users all the way up to the C-suite.
49
B2C
Marketing:
Business-to-business
marketing differs from business-to-
business in one main way: it’s focused
on selling directly to consumers rather
than other businesses. Companies that
other consumers are known as
consumer goods companies.
Influencer marketing:
51
Social media marketing:
Outbound marketing:
Outbound marketing is when a marketer reaches out to
customers. Outbound marketing is more
of a direct hard sell. In outbound you
are demanding the attention of the
potential customer, hoping that they
need your product or service.
Outbound marketing
involves proactively reaching out to get
them interested in a product. By
contrast, inbound marketing centres on creating and distributing content that
draws people into your website.
Traditional advertising.
In -person meeting.
Event -advertising and sponsorship.
52
Traditional marketing:
Markets can be classified
on different based of which most common
bases are: area, time, transactions,
regulation, and volume of business, nature
of goods, and nature of competition,
demand and supply conditions. This
classification is off-shoot of traditional
approach.
54
Modern marketing:
A. Consumer markets:
55
B. Business markets:
C. Global markets:
Global markets consist of buyers and sellers all over the world. The
companies selling goods and services in the global markets place play global
gain involving decision and challenges.
56
2.7:
Role of a marketing department in a business:
57
2.8 : Organisation chart of the marketing department:
58
2.9 : Marketing Strategies:
59
Strategies planning seeks to address three deceptively simple quotations,
specially:
Target audience
Value proposition
Product mix
Brand messaging
Promotional initiatives
Contact marketing
60
2.10 : Marketing strategies of BGauss company:
Product differentiation:
It is not just a statement, but BGauss takes their job seriously and
works towards accomplishing this mission. We have discussed that BGauss
offers various mobility solutions to riders, but BGauss is planning to BGauss is
planning to add more to its range.
61
Dynamic pricing:
Dynamic pricing not only brings more profits but also stabilities the
demand when demand increases, the price will surge. When the prices surge,
commuters who don’t have any urgency to travel can postpone their travel by an
hour or so. Hence the demand will get stabilised or distributed leading to
efficient utilisation of resources.
Trust is a major factor that can make or break any brand. Any
customer, before booking a cab is first struck by the thought of their safety.
BGauss has a convincing answer to all such questions. BGauss driver’s
background information like their name, photo, ratings, and reviews by riders,
vaccination status, and the number of rides appear when a rider’s scooters.
62
Drip marketing:
If a customer downloads the app sign-ups and does not book a ride,
then BGauss will send a highly personalised automated email that will initiate
action from the customer. Drip marketing is a pro-level of SMS and Email
marketing that leads the customer to take buying action. BGauss, with drip
marketing, makes sure that a customer takes action every time they send an
automated email.
63
Hashtags campaign:
Key takeaways:
BGauss does not try hard to sell itself but rather keeps it simple,
and with minimal marketing, it connects with the customers. Create your
marketing strategies and sell the solution by keeping it simple yet impactful.
64
2.11 : Marketing mix
The marketing mix refers to set off the set of actions, or tactics, that
a company uses to promote its brand or product in market. The 4ps make up a
typical marketing mix-price, product, promotion and place. However,
nowadays, the marketing mix increasingly includes several other Ps like
packaging positioning, people and even polities as vital mix elements.
65
Product:
Price:
The sale price of the product reflects what consumers are willing
to pay for it. Marketing professional needs to consider costs related to research
and development, manufacturing, marketing, and distribution otherwise known
as cost-based pricing. Pricing based primarily on consumer’s perceived quality
or value is known as value-based pricing.
Placement:
Promotional:
66
2.12 : Marketing Mix of The Bgauss:
Marketing mix:
68
BGauss i and BGauss pro is the mid variant in the D15 line-up and
this i variant comes with an engine putting out and of max power and max
torque respectively. BGauss i is available in 5 colours: blue, white, grey, green,
red.
BGauss B8 key
The BGauss B8 is likely for specifications
top-end LI technology variants, Fuel type Electronic
considering it gets smart features like Range 70 km/charge
internet connectivity and navigation assist. Top speed 50 kmph
The base lead-acid version and the mid-
Battery capacity 1.73 kwh
spec lithium -ion model. BGauss plans to
Battery type lithium Ion
launch the three variants in early- August
Kerb weight 72 kg
2020.
69
It is connected to either a 60V fixed lead- acid battery or removable
57.6V lithium-ion battery pack. On the other hand, the lithium-ion battery
variant takes just about 2 hours, the lead acid battery variant offers slightly
better range, should be having a removable battery in the mid-spec and top-end
variant makes charging all the more convenient as there packing space.
Price:
71
Placement:
72
BGauss has 1 authorised dealers/showroom in Delhi. For more
information on BGauss bikes/scooters price, offers, EMI options, and test
drive connect.
-BGauss Najafgarh
Promotion:
73
“Overall, the campaign received an effective response and gathered
many eyeballs during Diwali with 3 lakhs + impressions, 41k engagements &
254k reach in just 3 days.”
74
75
INDEX
76
3.1 : What is research?
77
3.2 : Definition of Researches
78
3.3 : What is Research Methodology?
79
Qualitative:
Quantitative:
Researchers usually use a quantitative methodology when the
objective of the research is to confirm something. It focuses on collecting,
testing and measuring numerical data, usually from a large sample of
participants. They then analyse the data using statistical analysis and
comparisons. Popular methods used used to gather quantitative data are:
Surveys
Questionaries
Test
Databases
Organisational records
80
3.4 : Definition of Research Methodology:
81
3.5 : what is market research?
82
3.6 : What is Marketing Research:
This involves specifying the data required to address this issue, then
designing the method for collecting information, managing and implementing
the data collection process. After analysing the data collected, these results and
findings, including their implications, are forwarded to those empowered to act
on them.
83
3.7 : Benefits of marketing research:
84
3.8 : Types of marketing research?
Your research plan will include one or more types of
marketing research. The intention of each of these marketing research types is
to identify, collect, analyse, and present specific solutions that your target
audience perceives as a problem.
Exploratory research:
Has a fresh idea that no one has researched before? That’s the
goal of exploratory research -- to collect information about a problem and
insights about how to solve the problem. As a researcher, you will use
secondary data that currently exists to provide insights about your goal.
You’ll need to remain open to what you discover. The data you collect may
indicate new ways to restructure your research problem or look at it from a
different perspective. As you clarify your concept, collect insights, structure
potential problem statements, and discard impractical ideas, you’ll eventually
arrive at a research problem that you can investigate. The goal is to collect more
information about a topic, not pose or substantiate a solution.
Descriptive research:
Descriptive research tests the research question to discover if
it is accurate or inaccurate. This method measures how often and to what extent
variables in the study are correlated.
This approach works if you are asking who would buy the
product being tested, how the products are used, and who are the competitors.
You can collect data through observations, surveys, or interviews.
85
Because the researcher records the data, bias can occur. As opposed to a survey
that is directly filled out by the respondent, the data can be skewed if the
researcher records a response that they personally prefer.
Causal research:
Causal research looks at the cause-and-effect relationship
between variables. If one variable changes, the researcher can record the impact
on another variable. Causal research can answer “what if” questions that include
price changes, packaging changes, adding or removing product changes and
more.
Predictive research:
As the name implies, researchers are looking for what will
happen in the future. They may study future sales growth, user adoption, and
market size based on data collected about product preferences and customer
demographics.
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3.9 : What is marketing research process?
87
Stage 1: Define the research problem and objectives:
Definition of problem:
Think about what decisions will be made based on your research. Are
you testing a concept that will affect the packaging of your product? Are you
gathering information for a new product that will fill a market gap? Ask good
questions and they will help to clarify your outcome.
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Stage 2: Develop research plan:
89
Primary research:
Surveys that produce quick results directly from your target audience.
SurveyMonkey offers a wide range of market research surveys that can
be tailored to meet your specific needs.
Interviews with customers and prospects will provide deep insights, but
take longer to conduct. You may use one-on-one interviews or a focus
group to collect direct feedback. You will need to design an appropriate
questionnaire.
Secondary Research:
90
Stage 3:
Collection Information:
Definition:
91
What Are
the Different Methods of Data Collection?
Surveys
Transactional Tracking
Interviews and Focus Groups
Observation
Online Tracking
Forms
Social Media Monitoring
Primary:
As the name implies, this is original, first-hand data collected by
the data researchers. This process is the initial information gathering step,
performed before anyone carries out any further or related research. Primary
data results are highly accurate provided the researcher collects the information.
However, there’s a downside, as first-hand research is potentially time-
consuming and expensive.
92
Secondary:
Interviews:
93
Delphi Technique:
Focus Groups:
Focus groups, like interviews, are a commonly used technique. The group
consists of anywhere from a half-dozen to a dozen people, led by a moderator,
brought together to discuss the issue.
Questionnaires:
Financial Statements
Sales Reports
Retailer/Distributor/Deal Feedback
Customer Personal Information (e.g., name, address, age, contact info)
Business Journals
Government Records (e.g., census, tax records, Social Security info)
Trade/Business Magazines
The internet
94
3.10 Research approaches
95
3.11 : Research design
Data collection
Measurement
Analysis
96
3.12 : Research features
Objectivity:
Objectivity refers to the ability of the
research instruments to give conclusions that are free
from observer's personal biases. A good research
design should be able select those instruments only
that provide objective conclusions. Usually, it is
believed that maintaining objectivity is pretty easy, but
it proves to be difficult during execution of research
and data analysis.
Reliability:
Another essential feature of a good
research design is the reliability of responses. The
instruments used in research should be able to provide
similar responses to a question asked from a respondent.
If the response varies, the instrument is considered
unreliable. In other words, reliability of research design
is measured in terms of consistency in responses.
97
Validity:
An important characteristic of a good research design is its ability to answer the questions in the way it
For example, when research is conducted to measure
Generalisability:
A research design is said to be
generalisable if the outcome of the research is
applicable on a bigger population from which the
sample is selected. A research design can be made
generalisable by properly defining the population
properly, selecting the sample carefully, analysing the
statistical data appropriately, and by preparing it
methodologically. Therefore, the more the outcomes
are generalisable, more efficient is the research
design.
Sufficient Information:
Any research is conducted to gain insight of the hidden facts,
figures and information. The research design should be able to provide
sufficient information to the researcher so that he can analyse the research
problem in a broad perspective. The research design should be able to identify
the research problem and research objective.
98
Other Features:
Along with the above, there are some other features also that make a research
design good. These are adaptability, flexibility. efficiency, etc. A good research
design should be able to minimize the errors and maximize the accuracy.
The research instrument must be able to assist in answering the research aims,
objectives and research questions, as well as prove or disprove the hypothesis of
the study. It should not have any bias in the way that data is collect and it should
be clear as to how the research instrument should be used appropriately.
Qualitative research
It determines relationships
between collected data and observations
based on mathematical calculations.
Statistical methods can prove or disprove
theories related to a naturally existing
phenomenon. Researchers rely on
qualitative research methods that
conclude “why” a particular theory exists and “what” respondents have to say
about it.
99
Quantitative research:
You can further break down the types of research design into five
categories:
Descriptive:
100
Experimental:
Correlational research:
101
research:
Diagnostic
In diagnostic design,
the researcher is looking to evaluate
the underlying cause of a specific
topic or phenomenon. This method
helps one learn more about the factors
Explanatory research:
Explanatory design
uses a researcher’s ideas and thoughts
on a subject to further explore their
theories. The study explains unexplored
aspects of a subject and details the
research questions’ what, how, and
why.
102
3.13: Research instruments:
A good research instrument is one that has been validated and has proven
reliability. It should be one that can collect data in a way that’s
appropriate to the research question being asked.
It should not have any bias in the way that data is collect and it should be
clear as to how the research instrument should be used appropriately.
103
Research Instrument: Interviews
Most interviews are qualitative in nature, but some are quantitative, especially
those carried out in a structured manner. An example is structured interviews
which include closed-ended questions arranged in a specific order.
104
Research Instrument: Surveys
Survey research is
another primary data collection
method that involves asking a
group of people for their opinions
on a topic. However, surveys are
often given out in paper form or
online instead of meeting the
respondents face-to-face. The
most common form of a survey is
a questionnaire. It is a list of questions to collect opinions from a group. These
questions can be close-ended, open-ended, pre-selected answers, or scale
ratings. Participants can receive the same or alternate questions.
Observation is
another research instrument for
marketers to collect data. It
involves an observer watching
people interacting in a controlled or
uncontrolled environment.
105
An example is watching a group of kids playing and seeing how they interact, which kid is most popu
execute and also provides highly accurate results. However, these results might
be subjected to observer bias (the observers' opinions and prejudice) which
lowers their fairness and objectivity. Also, some types of observations are not
cheap.
106
3.13: Sampling methods
Probability
sampling methods:
107
Probability sampling method:
2. Systematic sampling:
Systematic sampling is
similar to simple random sampling, but it
is usually slightly easier to conduct. Every
member of the population is listed with a
number, but instead of randomly
generating numbers, individuals are
chosen at regular intervals.
108
If you use this technique, it is important to make sure that there
is no hidden pattern in the list that might skew the sample. For example, if the
HR database groups employees by team, and team members are listed in order
of seniority, there is a risk that your interval might skip over people in junior
roles, resulting in a sample that is skewed towards senior employees.
3) Stratified sampling:
4) Cluster sampling:
109
subgroup, you randomly select entire subgroups. If it is practically possible, you
might include every individual from each sampled cluster. If the clusters
themselves are large, you can also sample individuals from within each cluster
using one of the techniques above. This is called multistage sampling.
Non-Probability Sampling:
5) Convenience sampling:
A convenience sample simply includes
the individuals who happen to be most
accessible to the researcher.
110
tell if the sample is representative of the population, so it can’t
produce generalizable results. Convenience samples are at risk for
both sampling bias and selection bias.
Similar to a convenience
sample, a voluntary response sample is
mainly based on ease of access. Instead of
the researcher choosing participants and
directly contacting them, people volunteer
themselves (e.g., by responding to a public
online survey).
7) Purposive sampling:
This type of sampling, also
known as judgement sampling, involves the
researcher using their expertise to select a
sample that is most useful to the purposes of
the research.
8) Snowball sampling:
If the population is hard to
access, snowball sampling can be used to
recruit participants via other participants. The
number of people you have access to
“snowballs” as you get in contact with more
people. The downside here is also
representativeness, as you have no way of
knowing how representative your sample is
due to the reliance on participants recruiting others. This can lead to sampling
bias.
112
3.14: Contact methods:
Mail questionnaires:
It can be used to collect large amounts of information at a
low cost per respondent. Respondents may give more honest answers to more
personal questions on a mail questionnaire than to an unknown interviewer in
person -or over the phone. Also, no interviewer is involved to bias the
respondent’s answers. However, mail questionnaires are not very flexible—all
respondents answer the same questions in a fixed order, and the researcher
cannot adapt the questionnaire based on earlier answers.
Mail surveys usually take longer to complete, and the
response rate—the number of people returning completed questionnaires—is
often very low. Finally, the researcher often has little control over the mail
questionnaire sample. Even with a good mailing list, it is hard to control who at
the mailing address fills out the questionnaire.
Telephone interviewing:
It is one of the best methods for gathering information
quickly, and it provides greater flexibility than mail questionnaires. Interviewers
can explain difficult questions, and they can skip some questions or probe on
others depending on the answers they receive. Response rates tend to be higher
than with mail questionnaires, and telephone interviewing also allows greater
sample control. Interviewers can ask to speak to respondents with the desired
characteristics, or even by name.
113
However,withtelephoneinterviewing,thecostper respondent is higher than with mail questionnaires. A
Personal interviewing:
It takes two forms—individual and group
interviewing. Individual interviewing involves talking with people in their
homes or offices, on the street, or in shopping malls. Such interviewing is
flexible. Trained interviewers can hold a respondent’s attention for a long time
and can explain difficult questions. They can guide interviews, explore issues,
and probe as the situation requires.
Group interviewing:
It consists of inviting six to ten people to gather for a few hours
with a trained moderator to talk about a product, service, or organization. The
participants normally are paid a small sum for attending. The meeting is held in
a pleasant place and refreshments are served to foster an informal setting. The
moderator encourages free and easy discussion, hoping that group interactions
will bring out actual feelings and thoughts.
Focus group interviewing has become one of the major
marketing research tools for gaining insight into consumer thoughts and
feelings. However, focus group studies usually employ small sample sizes to
keep time and costs down, and it may be hard to generalize from the results.
114
3.15 Collecting Information:
Definition:
115
During data collection, the researchers must identify the data types, the sources of data, and what me
that there are many different data collection methods. There is heavy reliance on
data collection in research, commercial, and government fields.
Before an analyst begins collecting data, they must answer three questions first:
116
Whether you’re in the world of academia, trying to conduct research, or part of the commercial
product, you need data collection to help you make better choices.
Surveys
Transactional Tracking
Interviews and Focus Groups
Observation
Online Tracking
Forms
Social Media Monitoring
117
The two methods are:
1. Primary:
2. Secondary:
118
Primary Data Collection:
Interviews:
Delphi Technique:
Focus Groups:
119
Questionnaires:
Financial Statements
Sales Reports
Retailer/Distributor/Deal Feedback
Customer Personal Information (e.g., name, address, age, contact info)
Business Journals
Government Records (e.g., census, tax records, Social Security info)
Trade/Business Magazines
The internet
120
Word Association:
Sentence Completion:
Role-Playing:
In-Person Surveys:
Online/Web Surveys:
Mobile Surveys:
121
Phone Surveys:
Observation:
122
3.16 Analysis the Information
Setting aside assumptions about what you think the data means
allows for data-driven patterns and trends to emerge that should lead to
actionable insights. Depending on the research tools you use, analytics and
reporting, like those included in online surveys, will supply ready-to-use
information.
Your data should be tabulated and ready for the next phase where
you present your findings to your company or research sponsor for their review.
Your goal is to discover what your data says about your target
audience’s behaviour patterns, attitudes and preferences. You may find that
your data proves or disproves your original research question. It’s important to
remain open to both outcomes. Never fall victim to the temptation to alter the
data to prove you are right. Not only is that unethical, it could lead to actions
that actually run counter to your company’s goal, leading to disappointing, even
disastrous, results.
123
1. Age group:0
AGE GROUP
6%
9%
Age Group
52%
18 to 25
33%
26 to 35
36 to 50
50 above
Analysis:
9) 52 respondents marked their age group is 18 to 25
10) 33 respondents marked their age group is 26 to 35
11) 9 respondents marked their age group is 36 to 50
12) 6 respondents marked their age group is 50 above.
124
2. Gender:
Finding:
Gender Respondents
Male 56
Female 44
Gender
44%
56%
Male
Female
Analysis:
Here, 56% are male respondents and 44% female respondents. So, we can
survey the male more demanded the BGauss scooter than female.
BGauss scooter are more using by male because these scooter is giving
higher speed average so most uses for male.
125
3. Occupation:
Findings:
Occupation Respondents
Students 37
Businessman 13
Employees 25
Housewife 16
Govt. officer 9
0% 10%20%30%40%
Analysis:
In this survey, 37% respondents are students. And 25%
respondents are employees, 16% are housewife, 13% respondents are
doing business and 9% are government officer. so, we can say that
overall student mass is very more any other group.
126
4. Income level of family:
Analysis:
From this chart and data analysis we can notice or defined that
majority people included in survey are having the income between 25001 to
35000 monthly. It means we can say the people are involved in the survey most
of are belonging from the middle-class family group.
127
5. Since how long time you are using BGauss EV scooter?
Findings:
more than 2
24%
year
Analysis:
128
6) From where you have purchase BGauss EV scooter?
Objectives: To know that where are respondents purchase the BGauss scooter.
Findings:
Destination Respondents
Retailers 25
Dealers 26
Online booking 15
Company 34
showrooms
15% Dealers
25%
Company showrooms Online Bokking
34%
26%
Analysis:
25 Respondents purchase the scooter from retailers.
26 Respondents purchase the scooter from Dealers.
34 Respondents purchase the scooter from company showroom.
15 Respondents purchase the scooter from online booking.
129
7) Which model you have of EV scooter of BGauss?
Findings:
Models Respondents
D15 BGauss 23
A2 BGauss 39
B8 BGauss 38
Analysis:
Here, we clearly seen biased on these chart that 39 % respondents have
A2 model of BGauss EV scooter and 28% respondents have B8 model
and 23% respondents have D15 model of BGauss scooter. So more
respondents prefer A2 model of BGauss scooter.
130
8) Which
features you like most in BGauss?
Finding:
Features Respondents
Performance 41
Durability 42
Quality 41
Design & Colour 34
Battery life 42
BATTERY LIFE
QUALITY
DURABILITY
PERFORMANCE
0% 10% 20% 30% 40% 50%
Analysis:
41 Respondents like the performance of BGauss scooter.
42 Respondents like the Durability of BGauss scooter.
41 Respondents like the Quality of BGauss scooter.
34 Respondents like Design & colour of BGauss scooter.
42 Respondents like Battery life of BGauss scooter.
131
9) Are you satisfied with the quality of BGauss?
11%
89%
Yes
No
Analysis:
Here, we can say based on these chart that 89% Respondents satisfied
with the quality of BGauss EV scooter and 11% Respondents non
satisfied with the quality of BGauss scooter.
BGauss giving best quality and performance so most of respondents
giving positive response.
132
10) Do you think that the price of BGauss reasonable
as compared to another Brand?
Finding:
Price preference Respondent
Yes 74
No 26
Do you think that the price of BGauss reasonable as compared to other Brand ?
26%
74%
Yes
No
Analysis:
Based on these charts says that we 74% respondents satisfied with price
features of BGauss electronic scooter and 26% respondents not satisfied
with price of BGauss EV scooters.
74% respondents are feeling that the price of BGauss scooter is very
reasonable compare to another brand of scooter.
133
11) Are you satisfied after sales service of BGauss?
Findings:
Satisfaction Respondents
preference
Yes 83
No 17
17%
Yes
83% No
Analysis:
We are seen biased on this analysis that 83% respondents satisfied
with the after sales services and 17% respondents not satisfied with the after
sales services.
134
12) Give the rate for product of BGauss EV scooter?
Findings:
Product Excellent Very good Good Average Not good
features
Design 28 21 33 17 0
Colour 9 51 21 18 1
Safety 17 33 34 15 1
Performance 14 27 41 17 1
Features 17 44 30 5 4
60
40
20
0
exellentvery good good avaragenot good
DesignColourSafetyPerformanceFeatures
Analysis:
Most of respondents are choose the good for services. In these 51
responses is very high and fever to colour and giving very good
responses.
28 responses are high in excellent for design of BGauss scooter.
41 responses are high in good for performance of BGauss scooter.
18 responses are high in average for colour of BGauss scooter.
4 responses are high in not good for features of BGauss scooter.
135
13) Did you get reminder for services from company regularly?
Response Respondents
Yes 81 %
No 19 %
19%
Yes
81%
No
Analysis:
We are seen biased on this analysis that 81% respondents get
reminder for services from company regularly and 19% respondents not get
reminder for services from company regularly.
136
14) Are you satisfied with performance of BGauss?
Finding:
Response Respondents
Yes 87
No 13
Yes
87%
No
Analysis:
Here, we can analysis that 87% respondents are satisfied with the
performance of BGauss and 13% respondents are not satisfied with the
performance.
137
15) Give
the rate for product of BGauss EV scooter?
Findings:
Services Quality Excellent Very good Good Average Not good
Pickup/drop 28 21 33 17 0
General services 9 51 21 18 1
Modification 17 33 34 15 1
Battery services 14 27 41 17 1
50
40
30
20
10
0
Exellent Very Good Good Avavrage Not good
Analysis:
There are many features in BGauss scooter but here analysis only
main features of BGauss scooter. So, by analysis know that most of respondents
choose the very good for general services and good for battery life.
Most of respondents choose the very good from every services. Very
loss respondents are choosing the not good of the features of the BGauss scooter
company.
138
15) Are you satisfied with free service facility of BGauss?
Finding:
Response Respondents
Yes 87%
No 13%
Yes
87%
No
Analysis:
Here we analysis that 87% respondents are very satisfied with free
service facility of BGauss. 13% respondents are not satisfied with given
free service by BGauss Company.
Objectives: just know that which time doing the advertisement is very effective
and help for increase the sales.
139
Duration Respondents
During festivals 25
During sports 25
During popular 30
Findings: shows
During discount & 20
offers periods
30%
20%
10%
0%
Analysis:
We can analysis here, 30 % most of customers choose the duration in
popular shows because popular shows will see the more members so easily
reach the advertise to customers and fast increase the customers.
25 % Respondents are given the response and felt the suitable the
duration is during festivals because during festival more member purchasing
new product so in that time increase the selling.
25 % Respondents are given the response and felt the suitable the
duration is during sports and most off between cricket match so this time easily
advertise reach to maximum consumer.
Objective: Just get opinion from respondents about paid services offered by
BGauss company.
Findings:
Service level Respondents
High 34%
Reasonable 56%
low 10%
10%
34%
56% High
Reasonable Low
Analysis:
Here, we can analysis that most of respondents like 56%
Respondents choose reasonable price of paid services by BGauss company.
34% Respondents choose high price of paid services and 10% Respondents
choose low price of paid of services of BGauss.
141
18) Do company executives resolve problems for BGauss?
Findings:
Response Respondents
Yes 85
No 15
Yes
85%
No
Analysis:
We can analysis here, 85% respondents given the reply that company
executive resolved problems for BGauss. 15% respondents given that company
executive not resolved problem for BGauss.
142
19) Will you suggest to other to buy BGauss EV scooter?
Objectives: only know that respondents suggest this scooter to other customer.
Findings:
Response Respondents
Yes 44
No 12
May be 44
12%
44%
Yes No
44% May be
Analysis:
We can analysis here, 44% respondent are given reply that suggest to
other for purchasing BGauss scooter. 12% respondents are given reply that not
suggest to other for purchasing BGauss scooter.
143
20) According to you on which matter company should focus on
increase customer?
Objectives: just know the which matter focus in BGauss scooter so increase the
customer of this scooter.
Findings:
Response Respondents
Improving after sales 33
services
Improving quality 38
Improving technology 29
Improving technology
Improving quality
Analysis:
Here, we can say that improvement is most important in anywhere so
we want analysis that which matter so doing increment in BGauss scooter and
increase customer.
144
21) Satisfaction level towards overall performance of BGauss?
Objectives: just know the overall performs of BGauss.
Findings:
Satisfaction level Respondents
Highest satisfied 15%
Satisfied 53%
Natural 25%
Not satisfied 7%
not satisfied
nuttral satisfied highly satisfied
Analysis:
22) Suggestions:
No suggestion
145
CH 4 : FINDINGS
146
More customer like the durability of the scooter and less design and
colour of the scooter.
Very more person like the quality of scooter.
More than half people like price compared to other EV scooter.
High ratio of customer satisfied by the after sales service of BGauss.
Meet the high response fever in features of the BGauss scooter
Very high person agrees with remaindering time of BGauss company.
More that 75% people satisfied with the performance of BGauss.
More than half respondents satisfied with the free service facility of
BGauss.
More people given the response that more selling of these scooter during
the popular shows and festivals.
Equal ratio of the yes and maybe of the person suggest this scooter for
purchase to another person.
Suggestion by customer that improving after sales service of BGauss
scooter.
147
CH 5: DECISION & SUGGESTION
I am not able to give the sure suggestion regarding the any query but,
by this research report and by taking the additional review from the people we
can give the suggestion as like as follow:
148
CH 6: LIMITATION OF MARKETING RESEARCH
As the rule of the world every coin has two side if one is positive
than the second must be negative this is the beaten truth of the world. This
marketing research we got the lots of the information but in which we also face
some the limitation the limitation which is fine by me are as follow:
The first limitation is the wide segment. Because it is covering all the
types of the respondents so there is no any specific group focus.
We got the majority of the mass from the young generation so they give
their opinion on their demand and current situation only.
Its time-consuming process its take so much time to collect the data and
to done the analysis of it.
Only focused or based on the limited geographical area.
Charging station for charging the scooter is not easily available.
Price is major cause for less selling if the price of BGauss is less so
chances that increasing the sells of BGauss scooter.
149
CH 7: BIBLIOGRAPHY
https://www.bgauss.com
https://www.britannica.com
https://en.m.wikipedia.com
https://timesofindia.indiatimes.com
150
CH 8: APPENDIX
1. Name:
2. Age groups:
18 to 25 26 to 35
36 to 50 50 above
3. Gender:
Male Female
4. Income level:
Below 25000 35001 to 50000
25001 to 35000 Above 50000
5. Occupations:
Students Govt. officer
Employee Housewife
Businessman
151
7. From where you have purchase BGauss EV scooter?
Retailer Company showroom
Dealer Online booking
11.Do you think that the price of BGauss reasonable as compared to other
Brand?
Yes No
152
14. Give the rate for product of BGauss ev scooter?
Product Excellent Very good Good Average Not good
features
Design
Colour
Safety
Performance
Features
Pickup/drop
General services
Modification
Battery services
153
19. Your opinion for paid service offered by BGauss
company? High cost
Reasonable
Low cost as compared to another Brand
24.Suggestion:
154
155