Suzuki Project New
Suzuki Project New
Suzuki Project New
ACCESS 125CC”
A Project report submitted in partial fulfillment of the requirements for the degree
of Masters of Business Administration to IIPM, Bhopal
By
SHRADHA JANBANDHU
STUDENT DECLARATION
Place:
Date:
_________________________
SHRADHA JANBANDHU
EXAMINER’S CERTIFICATE
____________________ ____________________
Certified
____________________
(DEAN)
PREFACE
The Grand project enables the students to know more about the
application of theoretical knowledge. The current situation of the
market is made known to the students when they undertake the project.
The project gives better insides into the application part of the theory.
The companies in an industry and their operations can be better known
by the students when they analyze the data.
ACKNOWLEDGEMENT
This is really a matter of pleasure for us to prepare a project report as
it was included in our course by the IIPM. It gave us the opportunity to
learn things practically what we learnt enterprise and their impact on
the working of the company .
I am immensely thankful to entire staff of college for their help and support they
extended to me during the project.
ENGINE SPECIFICATIONS............................................................................................................................................ 49
DIMENSIONS...................................................................................................................................................................... 50
OTHER SPECIFICATIONS............................................................................................................................................. 49
ACTIVE AND PASSIVE SAFETY.................................................................................................................................. 49
COMFORT AND CONVENIENCE................................................................................................................................. 50
VEHICLE SUMMARY........................................................................................................................................................ 53
ENGINE SPECIFICATIONS............................................................................................................................................ 53
DIMENSIONS...................................................................................................................................................................... 53
OTHER SPECIFICATIONS............................................................................................................................................. 53
ACTIVE AND PASSIVE SAFETY.................................................................................................................................. 53
COMFORT AND CONVENIENCE................................................................................................................................. 53
OTHER SPECIFICATIONS............................................................................................................................................. 56
VEHICLE SUMMARY........................................................................................................................................................ 56
COMFORT AND CONVENIENCE................................................................................................................................. 56
ENGINE SPECIFICATIONS............................................................................................................................................ 57
DIMENSIONS...................................................................................................................................................................... 57
ACTIVE AND PASSIVE SAFETY.................................................................................................................................. 58
EXECUTIVE SUMMARY
Satisfaction is a person’s feeling of pleasure or disappointment resulting from a
comparing perceived performance in relation to his or her expectation. If the
performance falls short of expectation, the consumer is dissatisfied. If the
performance matches the expectations, he consumer is satisfied. If the performance
exceeds expectation, the customer is highly satisfied or delighted.
The study widely concentrates on the level of satisfaction amongst customers for
which I did Exploratory Research to check the satisfaction level amongst the
customers of AYS Motors. This research was conducted in the Bhopal city. This
research was done during the months of April and May. Hence the data displayed
has been collected during the before mentioned period.
Survey has been carried away by, one-on-one interviews. The Survey
Includes open ended questions, dichotomous questions, and multiple choice
questions.
During this research it was found that Suzuki’s launched Access 125 has
increased its market share by attracting new customers and helped to retain
its old customers.
Suzuki would have to constantly innovate and come up with new products to
maintain its dominance in the segment.
INDIAN TWO WHEELER HISTORY
India is the second largest manufacturer and producer of two-wheelers in the world.
It stands next only to Japan and China in terms of the number of two-wheelers
produced and domestic sales respectively. The Indian two-wheeler industry made a
small beginning in the early 50s when Automobile Products of India (API) started
manufacturing scooters in the country. Until 1958, API and Enfield were the sole
producers.
In 1948, Bajaj Auto began trading in imported Vespa scooters and three-wheelers.
Finally, in 1960, it set up a shop to manufacture them in technical collaboration
with Piaggio of Italy. The agreement expired in 1971. In the initial stages, API
dominated the scooter segment; Bajaj Auto later overtook it. Although various
government and private enterprises entered the fray for scooters, the only new
player that has lasted till today is LML.
Under the regulated regime, foreign companies were not allowed to operate in
India. It was a complete seller market with the waiting period for getting a scooter
from Bajaj Auto being as high as 12 years. The motorcycles segment was no
different, with only three manufacturers viz Enfield, Ideal Jawa and Escorts. While
Enfield bullet was a four-stroke bike, Jawa and the Rajdoot were two-stroke bikes.
Enfield 350cc bikes and Escorts 175cc bike initially dominated the motorcycle
segment.
The two-wheeler market was opened to foreign competition in the mid-80s. And
then market leaders - Escorts and Enfield - were caught unaware by the onslaught
of the 100cc bikes of the four Indo-Japanese joint ventures. With the availability of
fuel-efficient low power bikes, demand swelled, resulting in Hero Honda - then the
only producer of four stroke bikes (100cc category), gaining a top slot.
The first Japanese motorcycles were introduced in the early eighties. TVS Suzuki
and Hero Honda brought in the first two-stroke and four-stroke engine
motorcycles respectively. These two players initially started with assembly of CKD
kits, and later on progressed to indigenous manufacturing. In the 90s the major
growth for motorcycle segment was brought in by Japanese motorcycles, which
grew at a rate of nearly 25% CAGR in the last five years. The industry had a
smooth ride in the 50s, 60s and 70s when the Government prohibited new entries
and strictly controlled capacity expansion. The industry saw a sudden growth in the
80s.
It was in the year 1954 that the Indian government ordered for total number of 800
motorcycles to man the Pakistani borders. In came the Bullets which were initially
launched in England as a 350cc bike and it was upgraded to 500cc a year or so later.
These bikes have remained unaltered, barring some cosmetic changes which have
undergone over the years. Thus one can say without much of a doubt that the 1955
Bullet was one of the initial hits of the Indian two-wheeler industry and till today it
continues to be a darling of the motorcycle enthusiasts.
Enfield Bullet had a close competition with another sturdy bike named Rajdoot; as
the bike was strong enough to handle the rough Indian roads. The company had
roped in Indian Heman Dharmendra for the promotion of the bike. With more than
1.6 million vehicles on the road the Rajdoot motorcycle was one of the initial hits of
the earlier years of two-wheeler history in the country.
When heavy motorcycles were the order of the day, a relatively lighter bike had
caught on the imagination of the Indian two wheeler user. Ind- Suzuki bike
launched by the then TVS Suzuki group was an instant hit; however the bike could
not sustain it's initial success due to the high import content in the vehicle and less
of localization.
In scooters Bajaj Chetak has been hugely responsible for adding momentum to the
transport system of the country, till today it remains one of the most successful
brands to have come out of the Bajaj stable. The scooter is named after the horse of
legendary Rana Pratap Singh. These sets of two wheels have become a part of the
Indian milieu and are often considered a representative of the Indian middle class
aspiration. Very few two-wheelers have been able to emulate the success, which
Bajaj Chetak has achieved over the years.
Similarly LML Motors enjoyed a reasonable success with the launch of LML Select
which came with new age technology and improved performance.
The industry witnessed a steady growth of 14% leading to a peak volume of 1.9mn
vehicles in 1990. The entry of Kinetic Honda in mid-eighties with
In 1990, the entire automobile industry saw a drastic fall in demand. This
resulted in a decline of 15% in 1991 and 8% in 1992, resulting in a production
loss of 0.4mn vehicles. Barring Hero Honda, all the major producers suffered from
recession in FY93 and FY94. Hero Honda showed a marginal decline in 1992. The
reasons for recession in the sector were the incessant rise in fuel prices, high input
costs and reduced purchasing power due to significant rise in general price level and
credit crunch in consumer financing. Factors like increased production in 1992, due
to new entrants coupled with the recession in the industry resulted in company
either reporting losses or a fall in profits.
India is one of the very few countries manufacturing three-wheelers in the world. It
is the world's largest manufacturer and seller of three-wheelers. Bajaj Auto
commands a monopoly in the domestic market with a market share of above 80%,
the rest is shared by Bajaj Tempo, Greaves Ltd and Scooters India. a variometric
scooter helped in providing ease of use to the scooter owners.
The growth witnessed by the Indian two wheeler industry indicates the growing
demand for low cost personal transportation solutions amongst the 300 million
Indian middle class consumers. Despite this spectacular growth rate, the two-
wheeler penetration (number of two wheelers per 1000 inhabitants) in India remains
lower than other Asian countries. This fact provides an opportunity for continued
growth in the market. India has the lowest Penetration of two wheelers as compared
to countries like Taiwan, Thailand, Malaysia, Vietnam, Indonesia and China. In the
present scenario, growth in the two wheelers Industry will be driven by several
factors
With the rising levels of per capita income of people, the Indian two wheeler market
offers a huge potential for Growth. This growth is relevant in the light of the fact
that 70 per cent of India’s population is below the age of 35 Years and 150 million
people will be added to the working Population in the next five years. The number
of women in the urban work force is also increasing; this will lead to the Growth of
gearless scooters.
RISE OF INDIA’S RURAL ECONOMY AND GROWTH IN
MIDDLE INCOME HOUSEHOLDS:
The growth prospects of the Indian rural economy offer a significant opportunity
for the motorcycle industry in India. The penetration of motorcycles amongst rural
households with income levels greater than US$ 2,200 per annum has already
increased to over 50 per cent. The current target Segment for two wheelers, i.e.,
households belonging to the Income category of US$ 2,200–12,000 is expected to
grow at a CAGR of 10 per cent.
The last five years have witnessed a sharp increase in new product launches in the
two-wheeler industry. It is estimated that close to 50 new products have been
launched by manufacturers during this period, filling up all price points and targeted
at various consumer segments.
The economic boom witnessed in the country and the increased migration to urban
areas have increased the traffic congestion in Indian cities and worsened the
existing infrastructure bottlenecks. Inadequate urban planning has meant that
transport systems have not kept pace with the economic boom and the growing
urban population. This has increased the dependence on personal modes of
transport and the two wheelers market has benefited from this infrastructure gap.
The two-wheeler market can be segmented into three categories on the basis of
price – Entry segment (<35000), Executive segment (between 35000 and 45000)
Deluxe (between 45000 and 65000) and Premium segment (above 65000).
Motorcycles are now sold as a passion, experience rather than a product. New
products are being introduced at a rapid pace and brands are gaining prominence.
Thus there is an increased focus on the premium segment, which has an increased
scope for differentiation.
With the introduction of Government policies such as reduction in excise duty from
16% to 12% and allowing for 100% FDI Barriers to entry has reduced. However,
the investment required for setting up large distribution channels and service
stations can be a major entry barrier. Another significant entry barrier is the brand
building required. Thus, initially foreign players set up Joint Ventures with
indigenous companies. After establishing their brand they have launched their own
line of products. E.g. Honda with Hero Group and Yamaha with Escorts.
The growth witnessed by the Indian two wheeler industry has attracted a number of
new entrants to the market and it is expected that the Indian industry will become
more competitive in the future. The excess of products introduced in the past has
also raised customer expectations with respect to reliability, styling, performance
and economy. Inflation is a big factor that may play a part in moving the loyalties
and aspirations of people away from the four to the much cheaper and economical
two-wheeler segment. Moreover, the constantly increasing prices of oil and
increasing interest rates on finance are not helping the cause either. Environmental
Concerns are also quite big on the agenda these days and do play a part in the
preference of consumer’s choices. The rising global temperatures along with daily
snippets in the national and international media about the thinning of ozone and
imminent environmental disaster have all contributed to the making of a present day
environmentally conscious consumer.
Suzuki Motorcycle India Pvt., Ltd. engages in manufacturing two wheelers. The
company’s products include motorcycles and scooters. It offers its products through
a network of dealers. The company was incorporated in 1997 and is based in
Gurgaon, India. Suzuki Motorcycle India Pvt., Ltd. operates as the subsidiary of
Suzuki Motor Corp.
Suzuki Motor Corporation (SMC), a global giant of motorcycle manufacturing is
headquartered in Japan. It holds major stake in its Indian subsidiary, Suzuki
Motorcycle India Private Limited (SMIL). SMIL was set up after Suzuki's re-entry
into the Indian two-wheeler market after it severed ties with partner TVS in 2000-
01. Suzuki was then the technology provider in the erstwhile joint venture company
TVS Suzuki.
Suzuki Motorcycle India Pvt Ltd (SMIPL) is the latest entry into the already
crowded Indian two-wheeler segment with players like Hero Honda, Bajaj Auto,
Honda, and TVS. SMIPL have started their Indian operations with a 125-cc mass-
market motorcycle. It has made an initial investment of Rs. 200 crores to start their
Indian operations.
Company sources have revealed that Suzuki would follow up this 125cc bike with a
high performance 150-cc sibling sometime next year. And for the budget segment,
another 100cc bike is expected in the first quarter of 2006. Mass market is the initial
aim with plans to enter all the segments rapidly. They have their facilities located in
Gurgaon.
Suzuki had launched bike by diwali, which is the auspicious time for buying a new
vehicle in Indian families. Their setup in Gurgaon has the capabilities of
manufacturing one lakh motorcycles and they are ready to step that up massively if
the situation arises. They already have setup 40 dealerships around the country and
are going to establish 4,000-5,000 sq.ft showroom and service stations to provide
services to the customers.
The parent company happens to be one of the largest manufacturers of two wheelers
in the world with more than 20 lakh bikes sold per annum. They are popular for
their range of high performance road machines, lightweight super bikes, dirt bikes,
street bikes, and motocross and fun bikes globally.
COMPANY PROFILE
They have installed their manufacturing plant in Gurgaon (Haryana) having the
annual capacity of 2,50,000 units. Total land area of the facility at Gurgaon is 37
acres out of which the present plant is constructed in an area of 6.5 acres of land.
The remaining area of 30.5 acres is left for land development and future
expansion.
Chairman:
Mr. Katsumi Takata
Personnel over the years
490
Main Products
Motorcycles and scooters
MISSION OF SUZUKI
The core philosophy of SUZUKI is to provide “VALUE-PACKED PRODUCTS”.
Since the founding of SUZUKI Motor Corporation, the Organization’s Endeavour
has always been to provide “VALUE-PACKED PRODUCTS” as one of the
manufacturing philosophies.
GROWTH REPORT:
It has reported a growth of 47.66% in sales in the month of November ‘09 at 14745
units compared to 9986 units same month last year.
It has sold 14806 units in December ’09 listing a strong growth of 61% over its
sales in December ’08 despite recession. This increase of sales is attributed to the
tremendous response from the new product GS150R and ACCESS 125.
It has reported 93% growth in sales during the month of January 2010. It has sold
20441 units in January ‘10 listing a strong growth of 93% over its sales in January
‘09.
Growth
80.00%
60.00%
FACILITIES
40.00% 64.35%
1 ) ENVIRONMENT:
20.00% 36.06% 0.00% 25.01%
Company thrives to discover and invent mechanisms for better environment
13.0 9%
management systems and it’s a continuous process which is managed by a separate
Growth
0.00%specialist in the field. The biggest testimony of Suzuki’s
wing of experts and
commitments towards “environment first” is seen at Gurgaon which is built to be a
-20.00% -61.22%
Zero discharge plant. SMIPL have embraced Natural light optimization system and
water harvesting systems besides several other measures to create better and cleaner
environment around us. All packaging material used by Suzuki is re-cycleable. A
constant flow of internal communication on environment related issues not only
creates awareness amongst employees but also helps in inculcating ‘an environment
friendly’ value system.
SMIPL have fire fighting system (manual & automatic) for immediate handling of
any fire related accident. They have a fire tender (capacity 4500 liters water and 500
liters capacity foam. Company try to maintain zero accident record through regular
safety audit, frequent training for staff, line associates and contractors. They
organize different safety programs and competitions to encourage employee
awareness and involvement.
3) ENVIRONMENTAL UTILITY:
To take care of the health of all our employees, they maintain all international
parameters and standards for drinking water, treated water, ambient air shop floor,
office and the outside. They keep updating all these standards of health and welfare
of employees through a team of well qualified personnel in the R & D laboratory.
4) QUALITY CONTROL :
5) PARTS INSPECTION:
The non conformities in the parts being procured may lead to production loss
& degradation of the quality of the final output and life of the product. To
ensure the product, the dimensional, material, aesthetic & performance
inspection for the special processes are carried out on the individual parts
before they are declared fit for the assembly
For carrying out the inspection activities effectively, we have the latest &
sophisticated machines installed in the inspection area
To act upon the customer’s feedback received from the service department
for the up gradation of the product
To resolve the quality issues being received from the market by visiting the
suppliers & taking the corrective & preventive measures for the same
Monitoring for the effectiveness of the measures taken for the particular
problems through the cut off engine/ frame numbers.
8) WORK CULTURE:
They believe that future growth and prosperity of every employee depends
on the company’s growth and prosperity
Cost consciousness
Suzuki Access 125 is the third product from the Suzuki stable in India after Heat
and Zeus motorcycles. 125cc Access is powered by a 125-cc air-cooled four-stroke
engine with Continuous Variable Transmission (CVT), which develops 8.5bhp at
7000rpm with 1.0kgm of torque at 5000rpm. The design is typically Japanese,
almost flat aprons where large turn indicators are embedded. Though it has a longer
wheelbase access looks compact because of this design. Nobody colored mirrors for
this access. Paint quality is of top notch.
SUZUKI GS150R
The 150cc Segment is picking up
in India. Suzuki has been a little conservative till now with its bike models. Zeus
and Heat and not extra ordinary, but it sells enough to be seen here and there a
while. The company took another step ahead with the Access 125 Scooter. Suzuki’s
foray into this segment is expected to be create similar impact in the segment with
the GS150R. The engine of the Suzuki GS150R is said to be convenient for riding
in the city. The 150cc engine respires through a BS26 carburetter. It comes with
Throttle Positioning Sensor (TPS). GS150R's 149cc engine develops 13.8bhp of
peak power at 8500rpm and 13.4Nm of peak torque 6000rpm. According to Suzuki,
GS150R will return a mileage of 48kmpl in City and 55kmpl in Highway.The
engine uses engine balancer technology to minimise vibration and comes with a
rubber damper and a balancer shaft. It has a digital speedometer which shows gear
position, fuel level, speed, odometer, tripmeter and the tachometer is a neat dial
adjacent to the digital console.
Besides Suzuki Zeus, Suzuki India has another motorcycle in the Indian market,
called Suzuki Heat. Both Zeus and Heat are part of Suzuki's attempts to come back
to the Indian market, which it had left in the late 90s. During its earlier Indian
coming, Suzuki partnered TVS for its two-wheeler business. Suzuki Zeus, packed
with latest technology and styling, is an entry level bike from Suzuki Motor
Corporation. Zeus has a unique cut-line front cowl for a much stylish, dynamic
look. The bike is available in Zeus 125X and 125XU models.
Suzuki Zeus will be available in three colors, the company said. These are Candy
Antares Red (19A), Metallic Titanium Gold (YM3) and Pearl Nebular Black
(YAY). To manufacture Suzuki Zeus and Suzuki Heat, the company has invested
Rs 200 crore at its Gurgaon manufacturing plant. The production capacity of the
plant is 100,000 bikes per annum.
SUZUKI HAYABUSA
Although boasting of a top speed of 397 km per hour as per recorded figures, the
bike that will come to India will have a speed limit of 299 km per hour. Company
thinks that the higher figure here is from some world record attempts, while 299
km ph would be the official top speed. Do keep in though that superbike or not,
speed limits in most parts of India are at 60 kmph, and may go up to 100 km ph on
some of the expressways. Suzuki expects only a sale of around 150 units of the
Hayabusa in India per annum.
Suzuki Motorcycle India Private Limited, (SMIPL) offers warranty for all models
manufactured in its Gurgaon plant and sold through its authorized dealers. Suzuki
Motorcycle India Private Limited reserves the right either to replace or repair, at
their authorized dealer, free of cost, those parts which may be found on examination
to have manufacturing defect within 2 years from the date of sale (or) first 30,000
kms whichever occurs earlier of its operation.
If any of the free or paid service is not done as per schedule, the warranty tends to
stand void. Parts of the vehicle have been subjected to misuse, accident, and
negligent treatment, use of bad quality parts which are not manufactured (or) not
recommended for use by SMIPL on their motorcycles. Parts of the motorcycle
getting rusted or their plating or painting coming off due to atmospheric condition
like Sea Breeze and Industrial Pollution.
Motorcycle used for any Competition (i.e.) Rallies (or) Races, if it is used for any
commercial purposes like Hiring etc. SMIPL undertakes no liability in the matter of
any consequential loss (or) damage caused due to failure of the parts. Parts repaired
(or) replaced under this warranty are warranted only for the original warranty
period of Suzuki motorcycles. Consumables like Engine Oil, TFF Oil, Grease, used
for the warranty repair are not covered under the application of the warranty.
AYS MOTORS
The AYS Show room has its separate service center, Here AYS
MOTORS also have a latest service center with all semi-automatic
instruments. It maintains a unique and regular checking of each and
every bike to increase a satisfaction level of the customers.
AYS MOTORS strictly watch and try to lesser the time of a customer
while they give bike in to service. Mostly Customer when come to give
his bikes in service, the service procedure of the showroom is very less
and smallest so that customer will free within 5 Minutes.
AYS MOTORS SELLING SCHEME & RESULT:
RTO Free
Insurance Free
Reference Sales
MAJOR COMPETITORS
Hero Honda Motors Limited was established in 1984, as a joint venture between
India's Hero Group (world's largest bicycle manufacturers) and Japan's Honda
Motor Company. In 1985 production began with the launch of its first motorcycle,
the CD100, which gave 80 km to the liter. In 1987 the engine plant was started and
in 1989 the Company produced its 3,00,000th motorcycle. In 2001 Hero Honda
manufactured its 50,00,000th motorbike. Hero Honda has a reputation of being the
most fuel-efficient and the world's single largest two wheeler Company. Shri
Brijmohan Lall Munjal is the chairman and managing director of this
Company.During 80s, Hero Honda became the first company in India to prove that
it was possible to drive a vehicle without polluting the roads.
The unique features like fuel conservation, safety riding courses and mobile
workshops helped the group reach in the interiors of the country. Well-entrenched
in the domestic market, Hero Honda Motors Ltd. turned its attention overseas, and
exports have been steadily on the rise.
2) Honda Motorcycles & Scooters India Private Limited
Honda motors of Japan is not a new name in the two wheeler scenario in the
country, they were in a tie up with the Firodias owned Kinetic group. However in
the late 90s they parted ways after problems arose over issues like introduction of
new models, advertising expenditure, marketing strategies and other related issues.
In the mid 80 Honda motors of Japan joined hands with the largest bicycle maker of
India the Hero cycles to create Hero Honda which in a couple of decades or so have
gone on to become the single largest motorcycle company in the world. Though
Honda has come on its own on the Indian market yet it will be providing
technological support to Hero Honda for the next ten years.
Since 1986, there is a technical tie-up of Bajaj Auto Ltd. with Kawasaki Heavy
Industries of Japan to manufacture state-of-art range of latest two-wheelers in India.
The JV has already given the Indian market the KB series, 4S and 4S Champion,
Boxer, the Caliber series, and Wind125. Kawasaki Heavy Industries is a Fortune
500 company with a turnover of USD 10 billion (Rs. 45,840 crore). It has crafted
new technologies for more than hundred years.
The technologies of KHI have redefined space systems, aircrafts, jet engines,
ships,locomotive, energy plants, automation system, construction machinery, and of
course high reliability two-wheelers KHI has given the world its legendary series of
600-1200cc Ninja and 1600 Vulcan bikes. Straight from its design boards, the
Kawasaki Bajaj Eliminator, India's first real cruiser bike, redefines the pleasure of
"biking" in looks as well as performance.
Bajaj is the first Indian two wheeler automobile company in the market since 1945
with the name M/s Bacharj trading corporation private limited. In 1959 M/s Bacharj
trading corporation private limited change its name as Bajaj Auto Ltd. Bajaj Auto
obtains license from the Government of India to manufacture two- and three-
wheelers vehicles in 1959.
the vision of TVS Scooty the founder of the Sundaram Clayton Group,
the late T.S. Srinivasan - 'to design, develop and produce an affordable moped for
the Indian family.' This vision was realized in 1980 when TVS 50, India's first two-
seater moped rolled out of the factory at Hosur in Tamil Nadu, Southern India. The
company has been known for its ruggedness and reliability.
segment along with two wheeler range. The Suzuki Shaolin, developed by TVS
Suzuki is India's first 5-speed, 140 cc motorcycle. Another example of the company
success is TVS Scooty, a 60 cc Scooterette which keep one step ahead of its time in
India. The company is the third largest two-wheeler manufacturer in India and ranks
among the top ten globally. The company was the first in India to launch 2-seater
50cc moped and 100cc Indo-Japanese motorcycles. At present TVS Apache, TVS
Victor, TVS Scooty,
TVS Centra and TVS Fiero are the popular bikes in Indian market.
The company pioneered the volume bike segment with the launch of its 100 cc 2-
stroke motorcycle RX 100. Since then, it has introduced an entire range of 2-stroke
and 4- stroke bikes in India. Presently, its product portfolio includes Crux (100cc),
Alba (106cc) and Gladiator (125cc).
INTRODUCTION
TO THE TOPIC
INTRODUCTION:
Periodic surveys can track customer satisfaction directly. Respondents can also be
asked additional questions to measure repurchase intention and the likelihood or
willingness to recommend the company and brand to others. Companies that do
achieve high customer satisfaction ratings make sure their target market knows it.
For customer centered companies, customer satisfaction is both a goal and a
marketing tool. Although the customer-centered firm seeks to create high customer
satisfaction, that is not its ultimate goal.
It's a well known fact that no business can exist without customers. In the
business of Website design, it's important to work closely with your customers
to make sure the site or system you create for them is as close to their
requirements as you can manage. Because it's critical that you form a close
working relationship with your client, customer service is of vital importance.
What follows are a selection of tips that will make your clients feel valued,
wanted and loved.
This is the most daunting and downright scary part of interacting with a customer. If
you're not used to this sort of thing it can be a pretty nerve-wracking experience.
Rest assured, though, it does get easier over time. It's important to meet your
customers face to face at least once or even twice during the course of a project.
Suzuki believes that if a potential client spends over half the meeting doing the
talking, you're well on your way to a sale. In SMPIL always face to face dealing
with customer
This goes without saying really. We all know how annoying it is to wait message
and you'll contact them about it as soon as possible. Even if days for a response to
an email or phone call. It might not always be practical to deal with all customers'
queries within the space of a few hours, but at least email or call them back and let
them know you've received their you're not able to solve a problem right away, let
the customer know you're working on it.
Suzuki always listen customer problem and solve his queries and always have
communication with customer.
It's very important to be friendly, courteous and to make your clients feel like you're
their friend and you're there to help them out. There will be times when you want to
beat your clients over the head repeatedly with a blunt object - it happens to all of
us. It's vital that you keep a clear head, respond to your clients' wishes as best you
can, and at all times remain polite and courteous.
In Suzuki showroom all workers are trained and well behave with customer. Suzuki
showroom’s staff very friendly with clients.
A clearly defined customer service policy is going to save a lot of time and effort in
the long run. If a customer has a problem, then what should be done and what not.
Should they contact different people for billing and technical enquiries? If they're
not satisfied with any aspect of your customer service, who should they tell?
There's nothing more annoying for a client than being passed from person to person,
or not knowing who to turn to. Making sure they know exactly what to do at each
stage of their enquiry should be of utmost importance. So make sure your customer
service policy is present on your site -- and anywhere else it may be useful. In
Suzuki all terms & conditions are clearly mentioned so that no doubt in customer
mind
Even if it's as small as sending a Happy Holidays email to all your customers, it's
something. It shows you care; it shows there are real people on the other end of that
screen or telephone; and most importantly, it makes the customer feel welcomed,
wanted and valued.
AYS MOTORS has kept details of all customers and makes them happy on specific
occasion.
Sometimes this is easier said than done! However, achieving this supreme level of
understanding with your clients will do wonders for your working relationship.
Suzuki always tries to know about customer needs and make the product according
to them.
It's possible this is the most important point in this article. The simple message:
when you promise something, deliver. The most common example here is project
delivery dates. Clients don't like to be disappointed. Sometimes, something may not
get done, or you might miss a deadline through no fault of your own. Projects can
be late, technology can fail and sub-contractors don't always deliver on time.
OBJECTIVES OF THE STUDY
This study is aimed at providing AYS MOTORS (SUZUKI) with an insight on the
consumer satisfaction pattern of Suzuki Access 125cc as well as the customer’s
response and awareness towards the brand, products and services of Suzuki.
The data has been analyzed and presented in a simple and precise way on the basis
of which pertinent recommendations have been made to the company to better the
services, policies and strategies of the company in India. Companies also want
the Suggestion for improvement from users of Suzuki Vehicle & get
Feedback from customer.
RESEARCH METHODOLOGY
Survey research is the systematic gathering of information from respondents for the
purpose of understanding and/or predicting some aspects of the behaviors of the
population of interest. It is the most common method of collecting primary data for
marketing decisions. Survey can provide data on attitudes, feelings, beliefs, past and
intended behaviors, knowledge, ownership, personal characteristics and other
descriptive items.
The report has been prepared on the basis of information collected from different
sources. In order to achieve the objective of the project proper research method was
applied. After giving through brain storming session, objectives were selected and
the set on the base of these objectives, A questionnaire was designed major
emphasis of which was gathering new ideas or insight so as to determine and bind
out solution to the problems.
RESEARCH DESIGN
This study is a mix of explorative and formal methodologies adopting
monitoring and observing to study the dealerships in Bhopal and communication to
elicit responses from April-May.
The study also aims at findings out the customer satisfaction level of SUZUKI
ACCESS 125cc of AYS MOTORS, Bhopal. For the customer satisfaction study a
questionnaire was formulated containing 22 questions which were sent out for
response mainly through personal interviews of customers. Results of this step
formed the basis of the recommendations given to the company.
SOURCE OF DATA
The report has been prepared as per the information obtained from
two sources. They are:
Primary data
Secondary data
1. PRIMARY DATA :
The primary data is that which details we collect first time from the market
and also used first time in the research. To collect the primary data structured non
disguise questionnaire is prepared. Primary Data was very crucial to collect so as to
know various past & present consumer views about bikes/scooter and to calculate
the market share of this brand in regards to other brands. Fresh primary data was
collected by taking direct filling of a questionnaire from customer which involved
face to face, all the Suzuki customer who visited the dealership showroom for the
service of their bikes/scooters were questioned in order to find out the behavior of
customer.
2. SECONDARY DATA:
Secondary data are those which has been collected by some one else and which
already have been passed through statistical process. When the secondary data are
sufficient, the researcher has to be satisfied with the primary sources of data.
Secondary data can be used as bases for comparison with primary data have been
collected by questionnaire. Secondary data has been taken from internet,
newspaper, magazines and companies web sites.
1) OPEN-ENDED QUESTIONS:-
2) DICHOTOMOUS QUESTIONS:-
3) MULTIPLE-CHOICE QUESTION:-
SAMPLE DESIGN
SAMPLING PLAN:
Data collected has been analyzed and interpreted by using simple
percentage method and finally the data is presented in graphs and charts.
SAMPLING FRAME:
SAMPLE SITE:-
SAMPLING UNIT:-
SAMPLE SIZE:-
For the purpose of proper survey, there is need of perfect research
instruments to find out sample size for more accurate result about buying behavior
of scooter. The sample size is 100 respondents.
SAMPLING METHOD:-
18-25 49 49
26-35 26 26
36-45 19 19
46 & ABOVE 6 6
Respondent
19% 6% 18-25
26-35
49% 36-45
46 & above
26%
ANALYSIS:
The above pie chart is showing that the customers of Access 125 are mainly
coming from the age group of 18-25 that is around 49% because that people
of this age group are passionate and are style freaks,
we can say that Popularity of Access 125 is available in the age of 26-35
(around 26%) also because of its reputation in the world market.
2) GENDER-WISE CLASSIFICATION
MALE FEMALE
GENDER 71 29
PERCENTAGE (%) 71 29
Respondents
29%
MALE
FEMALE
71%
ANALYSIS:
Above Graph shows that 71% of respondent are Male and 29%of
respondent are Female.
MARRIED UNMARRIED
MARITAL STATUS 51 49
PERCENTAGE (%) 51 49
Respondents
49% MARRIED
UNMARRIED
51%
ANALYSIS:
In this pie chart it is very much clear that 51% of the Access 125
Customer is mainly married & 49% unmarried, so Suzuki launch Access 125 is
mostly being accepted by the family oriented people.
4) OCCUPATION-WISE CLASSIFICATION
OFFICIALS STUDENTS RETIRED OTHERS
OCCUPATION 37 55 3 5
PERCENTAGE (%) 37 55 3 5
Respondents
3% 5%
OFFICIALS
37% STUDENTS
RETIRED
OTHERS
55%
ANALYSIS:
Once again we found that Suzuki’s major customers are the students of
colleges and schools which consists 55%, as they want something special, new,
stylish, masculine and attractive and Suzuki is providing that in the form of Access
125.
5) INCOME-WISE CLASSIFICATION
75-100 2 2
100-125 18 18
125-150 49 49
Respondents
2%
31% 75-100
18% 100-125
125-150
150 & above
49%
ANALYSIS:
In the income group distribution we can analyze those customers of
Access 125 are coming from the Middle income group people which is around 49%
by including 125-150 slab of income group. It shows that Suzuki is placing their
products in the appropriate price range. As the people of this income bracket can
easily afford this two wheeler.
NO, RESPONDENT 14 28 56 2
PERCENTAGE (%) 14 28 56 2
Respondents
2% 14%
VERY GOOD
GOOD
AVERAGE
BAD
28%
56%
ANALYSIS:
In this pie chart it is very much clear that customer perception about
Suzuki automobile’s product is average 56% and 28% are good.
Respondents
ADVERTISEMENT FAMILY FRIEND’S DEALER’S
20%
RESPONDENTS
7% 44 22
ADVERTISEMANT 18 6
FAMILY
49% FRIEND'S
PERCENTAGE 44 DEALER'S 22 18 6
(%)
24%
ANALYSIS:
As we can see here the major promotional tool which is influencing the customers
is advertisements which is around 49%, after that the major source of awareness
among customers, is Family 24% & friend’s 20%. So here we can say that Suzuki
should produce better advertisements like Access 125 and they should link their ads
with the emotions of the customers so that the brand recognition by the customers
will be for long time. The customers can still recall the punch lines of Bajaj and
Hero Honda such as HAMARA BAJAJ or HERO HONDA DESH KI DHADKAN.
such should also use such kind of heart loving lines.
MORE MORE VALUE IMPROVED BETTER
VARIETY FOR MONEY QUALITY SALES
SERVICE
RESPONDENTS 14 49 29 8
PERCENTAGE 14 49 29 8
(%)
60 EXPECTATION
49
50
40
29
30
20 14
10 8
0
MORE MORE VALUE IMPROVED BETTER
VARIETY FOR MONEY QUALITY SALES...
ANALYSIS:
RESPONDENTS 34 9 36 21
PERCENTAGE (%) 34 9 36 21
Respondents
21%
HERO HONDA
34% TVS
HONDA
BAJAJ
36% 9%
ANALYSIS:
In this pie chart we can see that in India most competition brand against Suzuki
motorcycles is Honda 36% & Hero Honda 34% so to increase market share and
fight with competition SMIPL has to give customer wide range of product with
better quality.
RESPONDENTS 54 43 3
PERCENTAGE (%) 54 43 3
Respondents
3%
VERY MUCH
AVERAGE
43% NOT SO MUCH
54%
ANALYSIS:
As we can see that 69% customer are very much like Suzuki Access 125 but 43%
customer are average like Suzuki Access 125 so company has to more improve his
product.
12) WHAT ABOUT THE PRICE OF SUZUKI
ACCESS 125?
RESPONDENTS 22 76 2
PERCENTAGE 22 76 2
(%)
RESPONDENTS
2% 22%
HIGHLY PRICED
AVERAGE PRICE
LOW PRICE
76%
ANALYSIS:
In this pie chart 76% customer are think that Suzuki Access 125 price is average
and 22% customer are think that Suzuki Access 125% price is high so company
maintain this price.
13) DO YOU THINK THAT THE SUZUKI ACCESS
125 IS CAPABLE TO ATTRACT TODAY’S
GENERATIONS?
YES NO CANNOT
SAY
RESPONDENTS 69 22 9
PERCENTAGE 69 22 9
(%)
Respondents
YES
22% 9%
NO
CAN'T SAY
69%
ANALYSIS:
In this pie chart we can se that 69% customer are think that Access 125 is attract
today’s generation and 22% are think that no so company should more focus on
today’s generation.
14) WHAT IS THE BEST THING IN SUZUKI
ACCESS 125?
RESPONDENTS 43 33 13 11
PERCENTAGE 43 33 13 11
(%)
Respondents
11%
13%
QUALITY
43% STYLE/DESIGN
SERVICE
PRICE
33%
ANALYSIS:
Above graph show that in Suzuki Access 125 the best thing is quality 43%,
style/design 33% so company should maintain his quality & style and improved his
service & price to increase satisfaction level.
15) HAS IT SERVED THE PURPOSE OF PURPOSE
OF PURCHASING?
RESPONDENTS 53 12 29 6
PERCENTAGE (%) 53 12 29 6
Respondents
29% 6%
YES
NO
AVEARAGE
53%
CAN'T SAY
12%
ANALYSIS:
We can see that 53% are satisfied 29% are average satisfied and thinks that it is
worth purchasing so it is good for company.
16) SATISFIED WITH FREE SERVICE FROM THE
SHOWROOM?
YES NO
RESPONDENT 82 18
PERCENTAGE (%) 82 18
Respondents
18%
YES
NO
82%
ANALYSIS:
In this pie chart we can see that 82% customer is satisfied with free service from the
showroom so the company showroom maintain his service & customer relationship.
RESPONDENTS 73
Respondents 3 24
24%
PERCENTAGE (%) 73 3 24
YES
NO
3% AVERAGE
73%
ANALYSIS:
Above pie chart shoe that 73% customer think that Suzuki Access 125 is
comfortable for driving & journey so company should maintain quality of Access
125 and provide safety measures to the customer.
RESPONDENTS 6 39 55
PERCENTAGE (%) 6 39 55
Respondents
6%
HIGH
AVERAGE
39% LOW
55%
ANALYSIS:
In this pie chart we can that the maintenance of Suzuki Access 125 is 55% low and
39% average so it is good for company and company should maintain his product
quality.
RESPONDENTS 69 YES 3 28
NO
AVERAGE
PERCENTAGE (%) 69 3 28
3%
69%
ANALYSIS:
Above pie chart show that after purchasing Suzuki Access 125 69% customer are
thinks that it is good value for money and 28% think that it is average for money.
RESPONDENTS 9 13 26 52
PERCENTAGE 9 13 26 52
(%)
Respondents
18%
3% 5% 0-25
25-50
50-75
75-100
74%
ANALYSIS:
In this pie chart we can see that customer belongs to 75-100 satisfaction level, 18%
customer belongs to 50-75 satisfaction level so it is good for company that people
like Suzuki Acess125.
FINDINGS
The survey show that 56% customer are average & 28% customer are good
perception about Suzuki automobile product
The study show that 44% respondents come to know from “advertisement
and 22% respondents purchase two wheeler from family’s
recommendation.
The survey show that 49% customer are going to be Suzuki motorcycles
because they expectation is more value for his money and 29% are going to
be improve quality product.
The survey show that in India the most compare brand against SMPIL is
Honda 36%, Hero Honda 34% and Bajaj 21%.
The survey shows that 54% customers are like Suzuki Access 125 and 43%
are average like.
The survey show that in the customer mind price of Suzuki Access 125 is
average 76%, and 22% highly price.
The survey show that 69% customer think that Suzuki Access is capable to
attract today’s generation.
The survey shows those 43% customers are believed that quality is the best
thing is Suzuki Access 125.
CUSTOMER’S REVIEW
The style of scooter not much impressive, I am waiting for the how the
market responds but main key is priced comparative with Honda Activa and
mileage.
Suzuki is globally known for quality, value for money & customer
satisfaction. They have taken care of every aspect. It’s a family vehicle. Have
style, comfort, safety, space & price I am sure will be at par with
competition.
I am very much impressed by the looks, style of Access. It is likely to be
much dearer than Activa
SWOT ANALYSIS
1) STRENGTHS:
Size and scale of parent company
Established brand
2) WEAKNESSES:
Small showrooms
3) OPPORTUNITIES:
Growing premium segment
4) THREATS:
The research is directly concerned with the study of human preference and
behavior and achieving absolute mathematical accuracy towards this was
not possible.
RECOMMENDATIONS
As people expect more mileage per kilometer, company should increase the
mileage of the Suzuki Vehicles.
SMIPL should increase the production capacity as the customers have to wait
for 3-4 months for delivery of the Suzuki Access.
Company showroom should take less time for service the vehicle.
Company should manufacture motorcycles which can withstand for long time
on Indian roads.
Suzuki at the moment has a very weak product portfolio and its products are
not that visible in the market.
Suzuki should maintain and produce the bikes in quarterly or half yearly so
that customers can avail options.
CONCLUSION
Indian 2-wheeler industry is the second largest in Asia after China. After the
separation with Tvs Motors the main focus of Suzuki has been to capture the Indian
Market through its Product which are Best In terms Of Style & Design and is trying
to achieve more target of which it has laid down for the coming years its Recent
Launched Bikes like Suzuki Zeus, GS150R, Hayabusa and Scooter Suzuki Access
have shaken the market leader Like Bajaj, Hero Honda & Honda is giving them a
tough competition & soon going Launch Few More Bikes in the market. But in a
country like India where customer generally appreciates mileage it becomes
necessary for a company like Suzuki which produces Bikes whose prices are
towards the higher end to focus on other factors to which influence the consumer
choice of Product like Prices, after sale services and many more.
After deep research, analysis and getting information about customer of Suzuki
Access 125 as formulated that Suzuki Access has success in the market and people
satisfied this product.
BIBLIOGRAPHY
MAGAZINES:
NEWSPAPERS:
Economic Times
Business Standard
WEBSITES:
www.suzukimotorcycles.co.in
www.autowebindia.com
www.sitepoint.com
www.automonitor.com
www.siamindia.com
(QUESTIONNAIRE)
1. Name -________________________________________
5. Occupation-
Officials Students
Retired Others
15. Are you satisfied with free service from the showroom?
Yes No
18. Do you think worth the value of money you spent on Suzuki Access 125?
Yes No Average
20.Suggestions/Feedback, if any
______________________________________________________
“A SURVEY ON CUSTOMER SATISFACTION OF SUZUKI
ACCESS 125CC”
BY
SHRADHA JANBANDHU
CONTENTS
Preface
Acknowledgement
Executive summary
About the automobile industry
- Indian two wheeler history
- Segmentation of two wheeler
- Growth prospects
- Factors affecting market
- Rising customer expectations
- Suzuki motorcycles India history
Company profile
- Mission of Suzuki
- Growth report
- SMPIL
- Facilities
- Products
- Warranty policy
- Major competitors
Introduction to the topic
- Customer satisfaction in 7 steps
Objective
Scope
Research Methodology
Research Design
Sources of data collection
Data collection method
Sample designs
Data analysis and interpretations
Findings
Conclusion
Illustrations and annexure
ANNEXURE