CRM Project Synopsis
CRM Project Synopsis
CRM Project Synopsis
SYNOPSIS
Definition:
CRM means building long term relationship with customers and “understanding their
needs and responding through offering different products through different channels.
With my experience, I have designed some means for how to get Better returns & how to
attract the customer. They are:
The motive of any company is to generally acquire larger market share high
percentage of sales the Industry; this could be only achieved by building a higher
percentage of brand loyal customers.
Varun group commenced its srikakulam operations in act 1992 with bajaj auto
franchise. which is now popularly known as “Varun Motors” this spectacular growth
is only due to aggressive and clear headed management of Mr. V. Prabhu Kishore
who has over two decades rich experience in auto mobile business couple with sheer
hard work of every staff members and above all out standing customer support.
Varun motors captured 60% of srikakulam two and four wheeler marketing
successfully with standing the challenges from the competition. As of now, varun
motor has work force of 140 members with a annul turn over of 22 cores for better
customer care, an ideal service customer is going to operation from now in the city.
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OBJECTIVES
RESEARCH METHODOLOGY
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SOURCES OF DATA:
The data has been collected from both primary and secondary sources, to get
information regarding the organization and products
PRIMARY DATA: Primary data has been collected through questionnaires. The
questionnaire was mostly related to the brand awareness towards Maruti Products
ZEN of the customers on different features such as the model, price, effectiveness of
the brand etc. provided by Varun Motors Ltd.
SAMPLING:
Out of few lakes of Maruti customers spread all over India, the
customers of Varun Motors Ltd., Visakhapatnam city only are taken as target
population for the study.
The sample size of 100 is selected from the database of the company. The
study requires on in depth survey and keen observation in a collecting data regarding
the brand awareness levels of Maruti customers.
SEGMENTING CUSTOMERS
Increase Loyalty
It is an endeavor of any org. to that its customers are advocate for the
company and the products. Any company will like the mindshare status to improve from being
a suspect to being an advocate.
Any company, it has to invest in terms of its products and services to its
customers. It has to innovate and meet the needs of its customers so that they remain as
advocates on the loyalty curve. Repeat sales invariably are low cost high margin sales. It has
also the implication of being not "one time sale". Besides, repeat sale are to induce
satisfaction.
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The following details can be inferred after analysis with a simple size of 100,
which included customers, by questionnaire method to find out the brand awareness
towards Zen with reference to MARUTI.
SUGGESTIONS
1. Sri Varun Motors Pvt. Ltd. may maintain the stock of spares of all brands of
Maruti Four Wheelers so that it does not cause any inconvenience to the Customers.
2. The charges for servicing the Four Wheelers may be slightly reduced
3. Some of the people are facing problems with mileage which should be
rectified
4. As a promotional measure of Sri Varun Motors Pvt. Ltd. may increase free
services camps. This will increase Customer’s loyalty.
5. A few more service stations smaller in size may be set up in areas where
there is more demand which will satisfy more customers of all areas.
6. As per the study after sales service, cleaning and servicing vehicles should
be given importance and improved.
7. Care should be taken to see that delivery of new cars as well as serviced car
should be in time.
8. Customers are expecting some complaints during the delivery of car.
Hence, such items may be given to improve to Customers Satisfaction.