Project Report
Project Report
Project Report
TITLE PAGE
PROJECT REPORT
ON
Practical training imbibes an integral part of management studies. One cannot merely
upon the theoretical knowledge. It is to be coupled with practical for it to be a fruitful
classroom lectures make the fundamental concept of management clear. They also
facilitate the learning of practical things. However class lectures must be correlated
with practical in the company has a significant role to play in the subject in business
management. To develop management and administrative skill in future managers
have to enhance their analytical skills, it is necessary that they combine their
classroom learning with the knowledge of real business environment.
After liberalization myself Indian economy scene I really a buzz with activity. Lots
and lots of multinational companies are coming in with their technical expertise and
proven management concepts. Industrial activity in Indian has become a thing to
watch and I really wanted to be of it and it was essential for me being a management
student.
This work is a culmination of sincere efforts put in during the making of this project.
This task could not have been accomplished without the support and help of lots of
people. It is with great pleasure and privilege that I wish to thanks all of them who
actively supported me in this project
I would also thanks to my respondents who spared couples of hours in spite of there
busy schedule.
I am extremely thankful the customers and dealers of YMI and its competitor for there
valuable inputs for making the project a success.
Last but not the least I thank my parents, fiends and kith and kins for their support
during my research work, as without their cooperation I would not have been able to
do any research so efficiently and effectively.
1 Title Page 2
2 Preface 3
3 Acknowledgement 4
5 Content 7
6 Introduction 8
13 Objective of study 63
14 Research Methodologies 64
15 Research design 64
16 Sample size 64
18 Target group 65
8. Rank the following brands on the scale of 1 to 5 for all Parameters where
9. Rank the following brands on the scale of 1 to 5 for all Parameters where
20. References 95
21. Conclusion 96
Yamaha Motor
Yamaha Motor India Private Limited is a 100% owned subsidiary of Yamaha Motors
Company Limited of Japan. Yamaha Motor is located at Faridabad, Haryana with
employee strength of more than 3000 people. The company has opened "Yamaha
One"- a branded dealership at Delhi and plans to open more in the future.
Yamaha Motors Company, Japan has also set up another subsidiary-Yamaha Motors
India Sales Pvt. Ltd. (YMIS) that deals with the sales and after sales services for
Yamaha brand of bikes. YMIS is located at Surajpur, outside Delhi with employee
strength of 120. Yamaha Motor to Export to Europe from India as Local Sales Fall By
Kiyori Ueno and Tetsuya Komatsu, March 7 (Bloomberg) -- Yamaha Motor Co., the
world's second- largest motorcycle maker, will start exporting to Europe from India as
it seeks to end losses at its south Asian unit.
Yamaha will begin selling Indian-made motorcycles in Europe as early as next year,
President Takashi Kajikawa said in an interview yesterday. The Indian unit has posted
losses since 2001, including an operating loss of 8.8 billion yen ($85 million) last
year.
The company's sales in India plunged 48 percent last year as it lost customers to Hero
Honda Motors Ltd.'s Splendor and Hunk models. The Iwata City-Japan based
company is only using 33 percent of its manufacturing capacity in India.
``Yamaha is bleeding in India and its losses will just expand, if it does nothing,'' said
Koji Endo, a senior analyst at Credit Suisse Group, in Tokyo. ``It has to increase
operation rates and to do so, exports make sense.''
Yamaha Motor India Pvt.'s motorcycle sales fell to 120,000 units last year from
230,000 in 2006, the company said. For help, Yamaha has turned to Mitsui & Co.,
Market Share
Yamaha's Gladiator and G5 models have 2 percent of the Indian market, according to
the Society of Indian Automobile Manufacturers, lagging behind Honda's 58 percent
share and Indian motorcycle makers Bajaj Auto Ltd.'s 30 percent and TVS Motor
Co.'s 8.6 percent, according to the data.
``We want to turn the Indian operation to profit as soon as possible with the help of
exports,'' Kajikawa said. ``Our top priority is to fill the production capacity.''
The company will export motorcycles specifically developed for the Indian market
with engine capacity of more than 125-cc, Kajikawa said.
Export strategy
Yamaha's export strategy contrasts with that of Honda Motor Co. which is expanding
capacity in the country to meet local demand.
Yamaha said last month it will invest 7 billion rupees ($174 million) over the next
three years to increase sales more than five-fold to 650,000 units in 2010. On March
5, the company said Mitsui & Co. will buy a 30 percent stake in a new joint venture in
the country.
Yamaha will use the investment to develop higher-end models in a country where
entry-level 100-cc motorcycles are the most popular, Kajikawa said. Yamaha will sell
more powerful motorcycles, a shift from its current low-priced line-`Yamaha's brand
value is very low in India, where strong rivals are already dominating,'' Credit Suisse's
Endo said. ``Even though the Indian market will expand, it's extremely difficult for
Yamaha.''
This graph depicts that the total production (in units) of Yamaha motorcycles of
various years. So from above chart it is clear that the production of Yamaha
Motorbikes continuously escalating .
From above table it regain that the total sales in Asia is rising up except the net sales
increases from Mar 2002 to Mar 2004 but in Dec 2004 its value dwindle and Dec
2005 its value again begin enlarge
“CUSTOMER
PASSION”
The company pioneered the volume bike segments with the launch of its 100cc 2-
stroke motorcycle RX 100 .Since it has introduced an entire range of 2 stroke and 4-
stroke bikes in India. Presently its produced portfolio includes crux (100cc), Alba
(106cc) and Gladiator (125cc).
VISION
MISSION
We are committed to be the exclusive and trusted brand renowned for marketing and
manufacturing of Yamaha Products, focussing Servicing our customer where we can
build long term relationship by raising their lifestyle through performance excellence,
proactive design and innovative technology. Our innovative solution will always
exceed the changing needs of our customers and provide value added vehicles.
Build the winning team with capabilities for success thriving in a climate for action
and delivering results. Our employees are the most valuable assets and we intend to
develop them to achieve international level of professionalism with progressive career
development. As a good corporate citizen we will conduct our business ethically and
socially in a responsible manner with concerns for environment.
We put customers first in everything we do. We take decisions keeping the customer
in mind.
CHALLENGING SPIRIT
We strive for excellence in everything we do and in the quality of goods and services
we provide .We work hard to achieve what we commit and achieve results faster than
our competitors and we never give up.
TEAM WORK
We work cohesively with our colleagues as a trust respect, understanding and mutual
co-operation everyone’s contribution is equally important for our success.
We are honest sincere open minded, fair, and transparent in our dealings. We actively
listen to others and participate in healthy and frank discussions to achieve the
organizations goals.
Office Locations
Genichi Kawakami was the first son of Kawakami, the third generation President of
Nippon Gakki (musical instruments and electronics presently Yamaha Corporation).
Genichi studied and gratuded from Takachiho Higher Commercial School in March
before assuming the position of fourth-generation President in 1950 at the young age
of 38.
In 1953, Genichi said “I had my research division chief and others managers visit
leading motorcycle factories around the country. They came back and told me there
was still plenty of opportunity, even if we were entering the market late. I didn’t want
to be completely unprepared in this unfamiliar business so we toured to German
factories before setting out to build our first 125cc bike. I joined in this tour around
Europe during which my chief engineers learned how to build motorbikes. We did as
much research as possible to insure that we could build bikes as good as any out there.
Once we had that confidence we started going and ten months later in August of 1954
the first model was complete. It was the Yamaha YA-1.The bike was powered by an
air cooled 2-stroke, single cylinder 125cc engine.
Then, in January of 1955 the Hamakita factory of Nippon Gakki was built and
production began on the YA-1 with confidence in new direction that Genichi was
taking, Yamaha motor co.Ltd. was founded on July 1,1955 staffed by 274 enthusiastic
employees, the new motorcycle manufactured by 1956, a second model was ready for
production .This was the YCI, a 175cc single cylinder two-stroke. In 1957 Yamaha
began production of its first 250cc, two-stroke twin, the YDI.
By the late 1960s, Yamaha had quality products that had proven themselves in the
global marketplace based on superior performance innovation. Distribution and
product diversity were on the right track, but Genichi knew that beyond quality,
success would demand more. He had this view on the power of original ideas “In the
future the company future will hinge on ideas over and above quality Products that
have no character, nothing unique about them, will not sell no matter how well made
or affordable and that would spell doom for any company.”
He also knew that forward vision, walking hand in hand with original ideas, would
create an opportunity for the company and its customers that could mean years of
happiness and memorable experiences.
Genichi Kawakami set the stage for Yamaha Motor Company’s success with his
vision and philosphies.Total honesty towards the customer and making products that
hold their own enables the company that serves people in thirty-three countries, to
provide an improved lifestyle through exceptional quality, high performance products.
Genichi Kawakami’s history with Yamaha was long and rich. He saw the new
corporate headquarters in Cypress, Californians 25th anniversary of Yamaha become a
reality in 1980. He also watched bike 20 million roll off the assembly line in
1982.Genichi passed away on May 25, 2002 yet this vision lives on through the
people and products of Yamaha, throughout the world.
In 1958 Yamaha became the first Japanese maker to venture into the international
race arena. The result was an impressive 6th place in the Catalina grand price race in
USA news this achievement won immediate
Recognition for the high level of Yamaha technology not only in Japan but among
America race fans, as well this was only the start however.
The first Yamaha to compete in America (1957) Yamaha took quick using the
momentum gained in the USA and began marketing their motorcycles through an
independent distributor in Califormia.In 1958, copper motors began selling the YD-
1250 and the MF-1(50cc, two stroke, single cylinder, step through street bike).Then in
1960, Yamaha International Corporation began selling motorcycles in the USA
through dealers.
The first watercraft model was the CAT-21, followed by the Rrun-13 and the P-7
123cc outboard motor.
YAMAHA MOTORCYCLES
MODEL CAPACITY
Rajdoot Excel-T 173 CC
Yamaha RXZ 132 CC
Rajdoot Deluxe 173 CC
Rajdoot Standard 173 CC
Yamaha Enticer 123.7 CC
Yamaha Escorts Ace 173 CC
Yamaha RX 135 132 CC
Yamaha YBX 125 125 CC
Yamaha Gladiator 123.7 CC
• Gladiator Std
• Gladiator DX
Yamaha Libero G5 106 CC
Yamaha Crux 106 CC
Yamaha Gladiator Type JA 123.7 CC
Yamaha Alba 106 106 CC
Yamaha YZF R1 1000 CC
Yamaha MT 01 1670 CC
Yamaha YZF-R15 150 CC
Technical Specifications
Technical Specifications
Fazer
Get Going
Technical Specifications
Suspensions
Front Telescopic, Swinging Arm suspension at
front
Rear Telescopic, Swinging Arm suspension at
rear
Brakes
Front Drum Brakes at front, 130 mm dia
Rear Drum Brakes at rear, 130 mm dia.
Tyres
Front 2.50
Rear 2.75
Technical Specifications
Technical Specifications
Technical Specifications
Technical Specifications
Technical Specifications
LITERATURE REVIEW
Yamaha’s Objective
1.To provide products that empower each and every customer and make their
lives more fulfilling by offering and make their lives more fulfilling by offering
greater potential , greater speed .
2. To bring people greater joy, happiness and create “Kando” in their lives.
Faridabad
Yamaha Motor India Pvt. Ltd.
19/6 Mathura Road
Faridabad - 121 006
Haryana
Phone - 0129-2284931-36
- 0129-2265101-03
Fax Nos-0129-2284841
Surajpur
Yamaha Motor India Pvt. Ltd.
A-3,Surajpur Ind. Area
Noida-Dadri Road
Surajpur
Dist.-GautambudhNagar
UttarPradesh
Phone - 0120-2350634, Fax-0120-2350632
Manufacturing Process
The infrastructure at both the plants supports production of motorcycles and its parts
for the domestic as well as oversees market. At the core are the 5-S and TPM
activities that fuel our agile Manufacturing Processes.
Meaning of 5s
1. Seiri is alarmed with the configuration of bikes that are in this they identify
the non required particles.
2. Seicon (arranged the required items at there allotted place)
3. Seiso purport cleaning that they select cheap once work area free of dust and
dirt.
4. Seiketsu (clean line) that is cheap work area pleasant by regularly maintaing
first 3s.
5. Shitsuke (Discipline) that is flow operations and working standards
neticulously.
Now the second step is concern with TPM where TPM stands for (Total
Productivity Maintaince) in this step for continuing the production process they depart
the maintaince of machines and technical tools
Third step, in this they have in-house facility for Machining, Welding processes as
well as finishing processes of Electroplating and Painting till the assembly line.
Yamaha Technology
Yamaha employed exclusive technologies that reduced the size to roughly one half
and the electricity consumption to about one third that of an automobile fuel injection
system
They succeeded in improving response and increasing fuel economy with only half
the number of sensors. Meanwhile, the “CF die-cast frame” made possible by
Yamaha’s exclusive aluminum die casting technology reduces weight as well as the
number of parts necessary to construct a frame, which has significantly increased
design freedom.
This 4-stroke outboard motor engine achieves a new level of compactness with the
world’s first exhaust system that fits in the engine’s “V” bank
1. Yamaha influences the society in positive way as they build the bikes with
“Harmony between rider and machine”
3. Yamaha Motor is a company that has worked ever since it’s foundation to build
products defined by the concepts of “high-quality and high-performance” and
“light weight and compactness” which totally alter the way of lif
Dealer is one who deals, one who has to do, or has concern with others persons, a
trader, a trafficker, a shopkeeper, a broker, or a merchant.
Our Brand Image speaks for itself. Complementing the Marketing team is our vast
and strong Dealer network - the backbone of our vital marketing operations.
Our dealer networks works on the “3S” fundamentals of -SALES SERVICE and
SPARE PARTS under one roof. With a strongly dedicated team of Sales and Service
engineers, IYM targets the fulfillment of customer's needs. Every single customer
matters to us. Together the 3S operate in tandem to serve our customer and forge an
everlasting bond with them.
1. Yamaha Motor strives to be a company that “offers new excitement and a more
fulfilling life for people all over the world” and to use our ingenuity and passion to
realize peoples’ dreams and always be the ones they look to for “the next Kando
“Creating touching to the heart”.
2. Warranty Policy
YAMAHA warrants the products to be free from manufacturing defects for a period
of two (2) years from the date of sale of the Motorcycle or first 30,000 kilometers of
its operation, whichever occurs first. If during this period of warranty the Motorcycle
proves to be defective due to material or workmanship, YAMAHA through its
Authorized Dealers will repair the Motorcycle without charging the labour or parts
value as per the terms and conditions mentioned below:
The claim for replacement or repair of part (s) shall be considered only when:
Yamaha Motor corporate history has taken a path where “people” are the fundamental
element and our product creation and other corporate activities have always been
aimed at touching people’s hearts. Our goal has always been to provide products that
empower each and every customer and make their lives more fulfilling by offering
greater speed, greater mobility and greater potential.
Said in another way, our aim is to bring people greater joy, happiness and create
Kando* in their lives.
As a company that makes the world its field and offers products for the land, the
water, the snowfields and the sky, Yamaha Motor strives to be a company that “offers
new excitement and a more fulfilling life for people all over the world” and to use our
ingenuity and passion to realize peoples’ dreams and always be the ones they look to
for “the next Kando.”
Pecuniary: They design and supply products that profit from their emotional
appeal as well as their earth-friendly performance.
Social: They dedicate their selves to working with localities and regions to advance
societies everywhere they do business.
Ethical: They commit their selves to full compliance with local and global laws
and regulations in addition to advancing human resources policies that enhance and
enrich the lives of employees.
PECUNIARY
YAMAHA
DEVOTION’S
TO THE
ECOLOGICAL WORLD SOCIAL
ETHICAL
Yamaha products are ones that continue to evolve while serving as integral parts of
people's lives all over the world. Our aim is to further refine the "Humachine
Technology" that creates the unity of rider and machine like sport bikes, commuter
bikes etc.
Commuter bike
Small commuters that get people where they are going economically and fashionably
Yamaha is introducing a variety of different types of personal vehicles that are
people-friendly and environment-friendly. Our pursuit of environment-friendly
performance is exemplified in our electric commuters and electro-hybrid bicycles. We
differentiate our products from the competition with performance and with styling.
And Yamaha will continue to develop new products with ease of use and economy as
two of our top priorities.
Environment issues
Yamaha believe in “learning from the market” is a vital aspect of R&D (Research
and Development). As a company that supplies products on a worldwide basis,
Yamaha Motor has established R&D facilities in the major regional markets. Each of
the facilities listens closely to the needs of the individual markets, accurately
assessing the conditions and applying the results to the creation of new products.
Research and development division is the wind beneath their wings. Model
Conception, Designing, Aesthetics, Clay making, Prototype development are the
strong pillars of their R&D.
Communicating with customers lets us catch the hints they provide quickly. We are
able to provide products and services that are compatible with the diverse needs of the
various regions and responsive to the needs of the times. We insist on further
heightening the customer’s satisfaction, and Yamaha Motor will always continue to
create value that exceeds customer expectations.
Export Tactic
IYM is an active player in the exports market. Currently, they export motorcycles to
50 countries including Argentina, Mexico, Philippines, Bangladesh, Sri Lanka,
Columbia, Dominican Republic, Nigeria and lvory Coast. The export Product line
boasts of RX 100, Crux, YD 125, Enticer and Libero.
To consolidate our position in the exports arena, Yamaha‘s rapidly expanding their
presence in Asia, Africa, Central and South America. Strengthening our reputation as
an export base for YMC global operations, we are bright and optimistic about our
emergence as a top-notch bike exporter of India.
Mitsui's investment will take the form of an allocation of new stock shares to a third
party issued by IYM for the equivalent of 30% of the company's capitalization. In this
way, IYM will increase its total capital to a planned 5.6 billion rupee (approx. 16
billion yen) and utilize the same factory and office facilities used by its predecessor,
Yamaha Motor India Private Limited (YMI), to take over YMI's manufacturing and
business operations beginning from April, 2008...
In 2001, YMI became a 100% owned subsidiary of YMC. Then in 2005, a separate
sales company, Yamaha Motor India Sales Private Limited, was established, after
which the Yamaha motorcycle business in India was conducted by two companies
specializing in manufacturing and marketing respectively.
• Head Office:
• Foundation:
• Start of operation:
April 1, 2008
• Headed by:
• Capital:
• Capital ratio:
• Number of employees:
2000 (approx.)
• Areas of business:
• Scale of operations:
First year (nine months beginning Apr. 2008) projected sales of 10 billion
rupee (approx. 30 billion yen)
To aggressively introduce new high value-added models and promote a sales network
strategy that includes expanding the establishments of directly-run
showroom/dealerships and for Mitsui to use its strengths in logistics and dealer
network development to achieve a synergistic effect that will stimulate a growth in
sales of Yamaha motorcycles from 120,000 units (domestic only exclusive of exports:
60,000 units) annually in 2007 to 650,000 units (domestic only exclusive of exports:
90,000 units) annually in 2010 while improving the brand's presence in the fiercely
competitive Indian market.
Perception is a mirror in which every one shows his or her image. Perception is the
process of responding to stimuli consumer behaviour is to do with the activities of
individuals in obtaining and uses the goods and services. In other words consumer
Perception is the process where by individuals decide whether, what, when, where,
how and from whom to purchase goods and services.
Authorized Definition
“Consumer Perception refers to the actions and decision processes of people who
purchase goods and services for personal consumption”.
Significance
1. The first step of consumer buying process is Firm’s strategies that is in this the
do strategy planning process for examining a company’s market opportunities,
allocating resources of capitalise on those opportunities and predicting market
and financial performance .
A. For customer point of view they do activities by keeping mind following activities
as follows Problem Recognition (awareness of need)--difference between the
desired state and the actual condition. Deficit in assortment of products. Hunger--
Food. Hunger stimulates your need to eat.
Can be stimulated by the marketer through product information--did not know you
were deficient? I.E., see a commercial for a new pair of shoes, stimulates your
recognition that you need a new pair of shoes.
Need Recognized
Evaluate data
Purchase
Post Purchase
. Information search--
Internal search, memory.
External search if you need more information. Friends and relatives (word of mouth).
Marketer dominated sources; comparison shopping; public sources etc. A successful
information search leaves a buyer with possible alternatives, the evoked set.
Chinese food
Indian food
Burger king
The determinants of consumer perception can be lumped into three categories as-
economic, psychological and sociological.
Family, reference groups, opinion leaders, social class, and caste and culture
The study of consumers helps firms and organizations improve their marketing
strategies by understanding issues such as how
a. The psychology of how consumers think, feel, reason, and select between
different alternatives (e.g., brands, products);
Primary Objectives
1. Help us know how and why a consumer does moves from one category to another
2. Reveal reasons why consumers did not purchase the same brand.
3. Determine how many consumers thought of Yamaha as one of their option and did
not purchase and reasons for not purchasing.
5. To study the present market conditions; understanding the current market leaders
and followers and identifying their respective target segments.
7. To be familiar with what expectations consider by the customers for there future
bike that is which bike want.
Research Methodology
Research Design
Descriptive Research
Descriptive study was conducted to understand the problem in detail and a scientific
way of forming a questionnaire. There were many modifications done to the
questionnaire to come at a final questionnaire.
The descriptive research conducted was not enough as it showed that two variables
are related but could not determine the nature of relationship between them.
Therefore, the nature of relationship between variables was known by doing causal
research.
Based on the type of data collected and the target segment with the appropriate
statistical methods, inference should be made. The response set of one variable is
compared with another set of variable to ensure a detailed analysis of data.
Yamaha G5
Front Telescopic
Rear Linked type Monocross
Brakes
Front 80/90-17
Rear 100/80-17
Performance
Interpretation
The above graph depicts the ranking of the brands as they are preferred by the
customers. The pie chart is divided in to the number of slices and each slice
represents a brand and measures the responses of the consumers towards that brand.
Analysis
1.1 C
Brand 18-25 years 26-40years Above 40years C.f
Yamaha 49.7 29.7 20.53 100
Bajaj 34.17 38.31 27.51 100
Hero Honda 32.2 38.8 28.8 100
TVS 50.8 49.1 0 100
Honda 32.73 34.4 32.73 100
Interpretation
The above graph reveals that 18-25 age groupers own TVS bikes 50.8%,
second priority goes to Yamaha 49.7%, thirdly Bajaj 34.17% and then Hero
Honda 32.2%.
Age group 26-40 preferred TVS 49.17%, second priority goes to Bajaj and
Hero Honda (38.8%, 38.31%) , Yamaha 29.7%
Analysis
From above interpretation it can be said that most of the Yamaha bikes
preferred by 18-25 age group.
onse
Interpretation
Analysis
From above interpretation I resolved out that in Ballabgarh most of the customer’s
had oher brand of bikes(49.16%),faridabad Bajaj (35.2%),New Delhi other bikes
(50.8%).
Interpretation
Above table interpreted that the quality parameters preferred by customers for
Yamaha mileage 20.1%, comfort 18.4%,style 21.8%,price 10.9%,brand image
10.9%,resale value 3.01%, maintenance cost 3.01%,power 1.8%, after sale service
4.6%, any other 4.8%.
Analysis
2.2 Q
Parameters frequency Cumulative frequency
Mileage 14.16 14.16
Comfort 6.6 20.76
Style 8.33 29.09
Price 15 44.09
Brand image 8.3 52.39
Resale Value 5 57.39
Maintenance Cost 1.66 59.09
Power 4.16 63.21
After sale service 35.13 98.34
Any other 1.66 100
Above table demonstrate that the quality parameters preferred by customers for Hero
Honda mileage 14.16%, comfort 6.6%,style 8.33%,price 15%,brand image
8.3%,resale value 5%, maintenance cost 1.66%,power 4.16%, after sale service
35.3%, any other 1.66%.
Analysis
From above interpretation I conclude that the best three parameters preferred by
customer were style 8.33%. mileage 14.16% and after sale services 35.13%
2.3 quality
Parameters frequency Cumulative frequency
Mileage 16.2 16.2
Comfort 17 33.2
Style 17 50.2
Price 19.5 69.7
Brand image 14.5 84.2
Resale Value 0 84.2
Maintenance Cost 15.3 99.5
Power 0 99.5
After sale service 0 99.5
Any other 0 99.5=100
Above table demonstrate that the quality parameters preferred by customers for TVS
mileage 16.2%, comfort 17%,style 17%,price 19.5%,brand image 14.5%,resale value
0%, maintenance cost 15.3%,power 0%, after sale service 0%, any other 0%.
Analysis
From above interpretation I conclude that the best three parameters preferred by
customer were style 17%. Price 19.5% and comfort 17%
2.4 qualit
Parameters frequency Cumulative frequency
Mileage 18.4 18.4
Comfort 18.4 36.8
Style 15.1 51.9
Price 15.9 67.8
Brand image 6.8 74.6
Resale Value 4.3 78.9
Maintenance Cost 5.96 84.86
Power 7.6 92.46
After sale service 7.5 99.9
Any other 0 100
Above table demonstrate that the quality parameters preferred by customers for Bajaj
mileage 18.4%, comfort 18.4%,style 15.1%,price 15.9%,brand image 6.8%,resale
value 4.3%, maintenance cost 5.96%,power 7.6%, after sale service 7.5%, any other
0%.
Analysis
From above interpretation I conclude that the best three parameters preferred by
customer were mileage 18.4%. price 15.9% and comfort 18.4%
2.5 Q
Parameters frequency Cumulative frequency
Mileage 12.4 12.4
Comfort 11.6 24
Style 13.3 37.3
Price 11.6 48.9
Brand image 10 58.9
Resale Value 10 68.9
Maintenance Cost 10.8 79.7
Power 10 89.7
After sale service 10 99.7
Any other 0 100
Interpretation
Analysis
From above interpretation I conclude that the best three parameters preferred by
customer were style 13.3%. mileage 12.4% and comfort 11.6%
2.6 qualit
Parameters frequency Cumulative frequency
Mileage 10.9 10.9
Comfort 11.7 22.6
Style 12.5 35.1
Price 10.8 45.9
Brand image 11.7 57.6
Resale Value 10.1 67.7
Maintenance Cost 10.1 77.8
Power 11.7 89.5
After sale service 10.1 99.6
Any other 0 100
Interpretation
Analysis
From above interpretation I conclude that the best three parameters preferred by
customer were style 12.5%. brand image 11.7% and comfort 11.7%
Interpretation
Above pie chart depicts that 58.3% people aware about Yamaha new launched, 39%
Bajaj and 9.2% Honda
Regarding Bajaj Faridabad 27.13%, New Delhi 38.8% and Ballabgarh 57.3%
About Honda Faridabad 33.5%, New Delhi 32.7% and Ballabgarh 33.56%.
From above interpretation it is clear that in overall response customer’s were more
aware about Yamaha recently launched bike in market that is 58.3% secondly Bajaj
32.5% and on the other hand demography vice in Faridabad most of the customer
aware for Honda(33.5%) , New Delhi Yamaha (44.4%) and Ballabgarh Honda
(33.5%)
Interpretation
Above charts depicts that in Ballabgarh 23.3% said its price range was less then
50
50,000, 26.6% said 50-70, 000, 27.4 said 70-1 lac
About New Delhi 0% said less 50,000, 25.8% said 50-70,000, 49.9 % said 70-1 lac
and 24.1% said above 1 lac.
About Faridabad 26.6% said less50, 000, 25.8% said 50-70,000, 24.1% said 70-1lac
45
and 23.3% said above 1lac.
Analysis
From above elucidation I conclude that most of the customer contemplation was
belonging to 70-1lac
.
40
35
Manav Rachna, Faridabad
Parameters Less 50,000 50-70,000 70-1lac above 1lac Cumulative
Frequency
Interpretation
Above charts depicts that in Ballabgarh 33.3% said its price range was less then
50,000, 33.3% said 50-70, 000, 33.3 said 70-1 lac
About New Delhi 29.9% said less 50,000, 39.1% said 50-70,000, 30.7 % said 70-1
lac.
About Faridabad 31.0% said less50, 000, 32.7% said 50-70,000, 36.0% said 70-1lac.
Analysis
From above interpretation it can be said that most of the customer contemplation was
belonging to 50-70,000.
Interpretation
Above charts depicts that in Ballabgarh 35.2% said it belongs to 12cc segment, 33.6%
for 150cc, 30.3% for above 150cc
About New Delhi 18.3% said that it belongs to 100cc, 18.3% to 125cc, 43.3% to
150cc and 20% to above 150cc.
About Faridabad 23.3% said less100cc, 27.5% said 125cc, 25.8% said 150cc and
23.3% said above 150cc..
Analysis
From above interpretation It can be observed that most of the customer contemplation
was belonging to 125cc
Interpretation
Above charts depicts that in Ballabgarh 32.8% said it belongs to 125cc segment,
32.8% for 150cc, 34.2% for above 150cc
About New Delhi 29.7% said that it belongs to 125cc, 39.9% to 150cc% and 29.9% to
above 150cc.
About Faridabad 31.13% said 125cc, 31.96% said 150cc and 23.3% said above
150cc..
Analysis
6 If gi
Brand frequency Cumulative frequency
Interpretation
Above charts depicts that 33.6% Yamaha R15 elected by customers, Pulsar 220
36.9% and HH Karizma 29.4%.
Analysis
It can be observed that most of the customers will be proficient for Pulsar 220 that is
Pulsar 220 will be the next choice of the customers.
Interpretation
Above chart depicts the customer perception towards different brands by considered
different parameters about Yamaha super technology 33.8%, vfm 17.2%,23% style
and 25.3% speed.
Regarding Hero Honda 13% super technology ,30.6% vfm, 29.8%style and 31.5%
speed.
Regarding TVS 16% super technology, 28.5% vfm, 39.3% style and 16% speed
Concerning Bajaj 10% super technology, 28.4% vfm, 36.9% style and 31.7% speed.
Analysis
8 Com
Yam
Interpretation
Above charts revals that responses of customers, toward Yamaha bike according to
there specification 21.4% style, 3.7% performance,18.0% comfort,
4 4.9
25.3%speed,19.7% mileage, 1.4% power and 10.5% price.
Regarding Hero Honda style 20.5%, performance 13%, comfort 14.7%, speed 11.4%,
mileage 10.5%, power 8%, price 21.4%
About TVS style 15.3%, performance 19.5%, comfort 17%, speed 16.2%, mileage
6.8%, power 14.7% and price 10.5%.
14
Concerning Bajaj style 16.5%, performance 13.2%, comfort 16.5%, speed 31.4%,
mileage 14%, power 4% and price 49%.
Analysis
9 Compa
Manav Rachna, Faridabad
Ba
Brand Dealer Product Time After Responsiveness Parts C.F
attitude display taken in sale towards availability
delivery services complaint
Yamaha 23.2 19.2 18 6-4 11.7 17.2 100
HH 24.9 21.9 18.2 13.7 12.2 9.24 100
Bajaj 23.9 22.5 27.0 23.1 5.7 2.2 100
TVS 9.3 15.9 22.6 11.9 21.3 18.9 100
Honda 15.2 12.1 16.2 14.8 13.6 27.8 100
5.7 2.2
Interpretation
Above charts reveals that responses of customers, toward Yamaha bike 23.2 assent
with dealer attitude,19.2% product display,18% time taken in delivery,6.4% after sale
services,11.7% responsiveness towards complaint, 17.2% parts availability.
Regarding Hero Honda dealer attitude 24.9%, product display 21.9%, time taken in
delivery 18.2%, after sale service 13.7%, and responsiveness towards complaint
12.2%, parts availability 9.24%.
23.1
About TVS s9.3% dealer attitude, 15.9% product display, 22.6%time taken in
delivery, 11.9% after sale services, 18.9% parts availability.
Analysis
From above interpretation it can be said that Hero Honda was campaigning Yamaha c
on the basis of by dealer attitude 24.9%,product display 21.9%time taken in delivery
18.2%,after sale service 13.7% and responsiveness towards complaint 12.2% that is
case of these parameters Hero Honda secured the top position in the Indian market .
References indicates that from where I gathered the data for making my project report
I collected the secondary data from various websites for literature review
2 www.ask .com
3 www.hot bot.com
4www know.com
Books referred by me
CONCLUSION
Yamaha bikes were very popular and economical bikes and most of Yamaha bikes are
really very attractive and relaxed. Yamaha was mainly famous for its sporty bikes
recently it launched R15 and R1 in Indian market. So from my project I concluded
that Yamaha was preferred by most of the customers because of following reasons
1 Almost 37.5% of people have Yamaha bike in Indian market and age group of these
people having Yamaha bikes 18 to 25
2 People decided to buy Yamaha bike because of high style (21.4%) and comfort
(18%) while Hero Honda competing it on high mileage (14.16%) and after sale
services (35.3%) parameters.
5 On the basis of Parameters Yamaha were awesome for their super technology
(33.8%), Hero Honda for speed (31.5%) and Bajaj for value for money (28.4%).
6 Almost 46.7% of people satisfied with style and speed of Yamaha bikes in Indian
market
RECOMMENDATIONS
1 Yamaha should diversify the product in India market as India the female percentile
is more and that too working so therefore there is requirement of female oriented
products such as electric starter scooter, scooter and the basic model bikes.
2 Yamaha should penetrate in the Indian market and according to the segmentation
like 70% of people are rural areas hence the lost structure should be appropriate and
flexible and feasible in Indian market
3 Yamaha can improved there mileage capacity for future oriented due to the scarcity
of oil in Indian market.
1 Being YMI is no 2 automobile in the world it should diversify its products with
customer oriented market
2 They should increased there dealership and sub dealers in rural and semi-urban
5 Yamaha can increased there higher level of customer satisfaction by offering them
Prompt payment, after sales services etc
6 On the basis of target group they developed the products and services to customers
and this will directly escalating the overall economic growth of company.
1 Organization can prepare long term marketing strategies that are future oriented.
2 They also aware about there economic conditions for analysing and distributing the
services and goods to the consumers
5 They can be evaluate and adjust the market efforts by actuating leadership.
LIMITATIONS
1. One of the biggest constraints was that the number of brands selected for my study
was restricted to five and these brands have a strong brand presence through out the
country. However the research was conducted in region of Ballabgarh, Faridabad and
New Delhi surrounding areas and there are a lot of other brands like , Enfield, Kinetic
and other brands which have strong presence in these areas were not taken into
consideration affected my study.
2. Region covered included only Ballabgarh, Faridabad, and New Delhi as well as
surrounding areas and hence the whole population was not covered. Since the
different brands have varying level of awareness in the different states, selecting of
3. The sample size was restricted to 120 because of time and money constraint and
hence the study does not reflect a large population
4. One of the biggest constraints of my research was time. Since this research had to
be conducted in a short period of two months some of the minute details of the
research were overlooked which may have affected my results to some extent.
5. Another constraint was that of money. Since the research was conducted as an
individual, a lot of money could not be spending on the research.
6. Though I had made the questionnaire, very respondent friendly there were some
respondents who had not filled the questionnaires due to their lack of understanding.
Though in some of the questionnaires a lot of questions were unanswered we had
rejected those questionnaires and hence it did not affect our findings to a large extent
Field Work
Important considerations in the fieldwork were
1. Respondents were kept at outmost ease before filling of the questionnaires. For this
some of the reluctant respondents were ensured that the questionnaire had been
drafted in the simplest language and would not take a lot of time
2. Respondents were also ensured that their information would be kept with utmost
confidentiality
5. I made sure that I do not influence the respondents in filling up of their responses in
any form. Sometimes when the respondents were stuck up with some of the difficult
questions, I had made sure not to give any kind of assistance to the respondents
BIBLIOGRAPHY
Websites
www.google.com
www. Ask.com
www.reseachpaper.com
www.hotbot.com
www.think fresh.com
www.know.com
Books
ANNEXURE
Name- Age-
Place- Occupation-
Phone no-
Mileage ( )
Comfort ( )
Style ( )
Price ( )
After sale service ( )
Resale value ( )
Maintenance cost ( )
Power ( )
Brand image ( )
Any other ( )
Yamaha ( )
Bajaj ( )
Honda ( )
Below 50,000 ( )
50-70,000 ( )
70-1 lac ( )
Above I lac ( )
5 Which segment does it belong to ?
100cc ( )
125cc ( )
150cc ( )
Above 150cc ( )
Yamaha R15 ( )
Pulsar 220 ( )
HH Karizma ( )
7 From below listed brands the specific characteristics that you think is associated
with it?
Thank you for spending your valuable time for filling up the questionnaire.