Advertising and Sales Promotional Tool Hyundai
Advertising and Sales Promotional Tool Hyundai
Advertising and Sales Promotional Tool Hyundai
INTRODUCTION
1
INTRODUCTION
The word marketing is derived from the word market. Marketing is a
comprehensive term and it includes all resources and a set of activities necessary to
direct and facilitate the flow of goods and services from producer to consumer in the
process of distribution. According to Philip Kotler, Marketing is a social and
managerial process by which individuals and groups obtain what they need and want
through creating and exchanging products and value with others. Selling and
Marketing both are different. The difference between selling and marketing is more
than a semantic exercise. Selling focuses on the needs of the seller, but marketing
focuses on the needs of purchaser. Selling means moving products while marketing
means obtaining customers. Marketing benefits both society and the firm and its
importance to each has been growing rapidly since 1950. The benefits to society
through marketing are like, increase employment opportunities, helps to increase
national income and raise the standard of living of the society and marketing generates
revenue to firms etc.
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1.1 Need for the study
In twin cities Sri Jayalakshmi Automotive Pvt.Ltd is one of the best Hyundai
dealers among any other Hyundai dealers. It is offering different types of consumer
promotions to the ultimate consumers to make an immediate purchase and to stimulate
short term sales. In recent years it has been offering some consumer promotions like,
Free accessories, Less rates of interests, Festival offers (gold coins and special
gifts), Road shows, Exchange offers, Loyalty bonus offer, Price off offers etc. Apart
from these consumers oriented sales and advertising s Sri Jayalakshmi Automotives
Pvt.Ltd was recently implemented one offer called Price off offer in December 2007
on Hyundai SANTRO model.
In this offer they offered to consumers Rs.37, 000 price off on every
SANTRO model purchase. The SANTROs actual price was around Rs. 4.16 lakhs,
but in this offer they were offered SANTRO car for Rs. 3.79 lakhs only to consumers.
So this Price off offer in Hyundai car has been chosen as a topic to study. By
collecting suggestions from the Hyundai customers, those suggestions and opinions
would help to the dealer to improve its quality in its products and services as well as to
increase its sales.
3
1.2 Objectives of Study
The present study covers a brief profile of Sri Jayalakshmi automotives pvt.lt,
which is the best Hyundai dealers in Hyderabad city. The study sort to explore the
opinions of the respondents about the sales and advertising s of Hyundai in
Hyderabad. The study also sought to explore the expected schemes as in the part of
sales and advertising s from the customers point of view.
Primary data:
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respondents on random basis. A structured questionnaire was developed to interview
the Hyundai customers. This questionnaire responses was used as primary data.
Secondary data:
It is the information that is collected for a purpose other than to solve the
specific problem under investigation. It is the data which is in the form of documents
already existing in the form of records, magazines, books, manuals etc. it is the
indirect way of data collection. Secondary method includes collecting data regarding
the company that is done with the material provided by the organization.
Geographical limits:
The study is restricted to Hyderabad city only. Various places in Hyderabad were
covered to interview the Hyundai customers through questionnaire to collect their
opinions.
Field work:
Sample size
The size of the sample survey includes 100 Hyundai customers. The sample
size was chosen in such a way that it depict the entire population including all groups
such as age group, occupational group and educational group etc.
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Sampling technique
The sample survey was based on probability sampling in which every member
of the specified area has a known chance of being selected. The exact sampling suited
was simple random sampling.
Results were analyzed by using statistical tool chi- square. After analysis
conclusion have been drawn and suggestions were offered.
Chi-square: The chi-square test is used to determine the association and relationship of
two variables, taken into consideration. The demographics that were taken into
consideration for the study where age, gender, occupation, income levels of
respondents.
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CHAPTER II
LITERATURE REVIEW
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2.1 Topic Overview:
1. Advertising
2. Publicity/Public relations
3. Personal selling.
Advertising:
9
Publicity / public relations:
Personal selling:
In the promotional mix sales and advertising , has been defined as a direct
inducement that offers an extra value or incentive to the sales force, the distributors, or
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the ultimate consumer with the primary objective of creating an immediate sales.
Sales and advertising is generally broken into two major categories:
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12
Consumer oriented promotions:
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compete for prizes or money on the basis of skills or ability. The company
determines winners by judging the entries or ascertaining which entry comes
closest to some predetermined criteria. A sweepstakes is a promotion where
winners are determined purely by chance:
It cannot require a proof of purchase as a condition for entry. Entrants need only
submit their names for the prize drawing.
5. Refunds and rebates: Refunds are offers by the manufacturer to return a portion
of the product purchase price, usually after the consumer supplies some proof of
purchase. Consumers are generally very responsive to rebate offers, particularly
as the size of the savings increases. Rebates are used by makers of all types of
products, ranging from packaged goods to major appliances, cars, and computer
software.
6. Bonus packs: Bonus packs offer the consumer an extra amount of a product at
the regular price by providing larger containers or extra units. Bonus packs result
in a lower cost per unit for the consumer and provide extra value as well as more
products for the money.
7. Price-off deals: Another consumer-oriented promotion technique is the direct
price-off deal, which reduces the price of the brand. Price off reductions are
typically offered right on the package through specially marked price packs.
Typically, price-offs range from 10 to 25 percent off the regular price, with the
reduction coming out of the manufacturers profit margin, not the retailers.
8. Frequency programs: One of the fastest-growing areas of sales and advertising
is the use of frequency programs also referred to as continuity or loyalty
programs. Loyalty programs that offers members discounts, a chance to
accumulate points that can be also redeemed for rewards, newsletters, and other
special services.
9. Event marketing: event marketing is a type of promotion where a company or
brand is linked to an event or where a themed activity is developed for the
purpose of creating experiences for consumers and promoting a product or
service. Marketers often do event marketing by associating their product with
some popular activity such as a sporting event, concert, fair, or festival
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Trade oriented sales and advertising:
1. Contests and dealer incentives: These are usually targeted to sales personnel at
the wholesale or retail level. The producer provides incentives such as prizes for
travel or expensive goods like televisions, computers and cars.
2. Trade allowances: This promotion offers channel partners price breaks for
agreeing to stock the product. In most cases the allowance is not only given as
encouragement to purchase the product but also as an inducement to promote the
product in other ways such as by offering attractive shelf space or store location,
highlighting the product in company-produced advertising or website display, or
by agreeing to have the retailers sales personnel talk-up the product to
customers.
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5. Trade shows: One final type of trade promotion is the industry trade show (a.k.a.
exhibitions, conventions). Trade shows are organized events that bring both
industry buyers and sellers together in one central location. Spending on trade
shows is one of the highest of all sales and advertising s.
This project study was based on consumers oriented sales and advertising s. This
study is to identify how far these consumer sales and advertising al activities are
creating brand awareness in the minds of the customer and influencing them to go for
the products in order to increase the sales of Hyundai cars.
In twin cities Sri Jayalakshmi Automotive Pvt.Ltd is one of the best Hyundai
dealers among any other Hyundai dealers. It is offering different types of consumer
promotions to the ultimate consumers to make an immediate purchase and to stimulate
short term sales. In recent years it has been offering some consumer promotions like,
1. Free accessories.
2. Less rates of interests.
3. Festival offers (gold coins and special gifts).
4. Road shows.
5. Exchange offers.
6. Loyalty bonus offer.
7. Price off offers.
1. Free accessories: In this promotion program they have provided free spare
parts for 1 year on every purchase of a Hyundai car.
2. Less rates of interest: ICICI bank is offering less rate of interest for the
customers who needs loan for purchase of the Hyundai car.
16
3. Festival offers: In this offer they are offering valuable gifts and gold coins on
every purchase of Hyundai cars on special occasions like festivals.
4. Road shows: They are conducting road shows to make aware of consumers
about Hyundai car.
5. Exchange offers: They are offering also various exchange offers on some
selected models of Hyundai.
6. Loyalty bonus offer: In this offer some price off was offered by dealers to
already existed Hyundai consumers, if they purchase one more Hyundai car
With comparatively higher rate of economic growth rate index against that of great
global powers, India has become a hub of domestic and exports business. The
automobile sector has been contributing its share to the shining economic performance
of India in the recent years
With the Indian middle class earning higher per capita income, more people are ready
to own private vehicles including cars and two-wheelers. Product movements and
manned services have boosted in the sales of medium and sized commercial vehicles
for passenger and goods transport. Side by side with fresh vehicle sales growth, the
automotive components sector has witnessed big growth. The domestic auto
components consumption has crossed rupees 9000 crores and an export of one half
size of this figure.
17
Hyundai Motor Company
History
In 1986, Hyundai began to sell cars in the United States, and the Excel was
nominated "Best Product #10" by Fortune magazine, largely because of its
affordability. The company began to produce models with its own technology in 1988,
beginning with the midsize Sonata.
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In 2004, Hyundai was ranked second in "initial quality" in a survey/study by
J.D. Power and Associates. Hyundai is now one of the top 100 most valuable brands
worldwide. Since 2002, Hyundai has also been one of the worldwide official sponsors
of the FIFA World Cup.
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The 80s: The boom decade
In the early 1980s, the company made another decision. Fueled by the
momentum of rapid economic growth and supported by the efforts of dedicated,
highly educated workforce, Hyundai invested in a major expansion of its Ulsan plant,
making a major transition from low volume to high volume manufacturing. Hyundai
was looking beyond the national border for future growth: The capacity would be
divided between local market demand and serving export markets. By the mid 1980s,
Hyundai had secured a solid beachhead in Canada and was ready to tackle the ultimate
marketing challenge, the US market.
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CHAPTER III
COMPANY PROFILE
21
About HMIL
Hyundai Motor India, continuing its tradition of being the fastest growing passenger
car manufacturer, registered total sales of 299,513 vehicles in calendar year (CY) 2007, an
increase of 18.5 percent over CY 2006. In the domestic market it clocked a growth of 19.1
percent a compared to 2006, with 186,174 units, while overseas sales grew by 17.4 percent,
with exports of 113,339 units.
HMIL is investing to expand capacity in line with its positioning as HMCs global
export hub for compact cars. Apart from expansion of production capacity, HMIL plans to
expand its dealer network, which will be increased from 183 to 250 this year. And with the
companys greater focus on the quality of its after-sales service, HMILs service network will be
expanded to around 1,000 in 2008.
The year 2007 has been a significant year for Hyundai Motor India. It achieved a
significant milestone by rolling out the fastest 300,000th export car. Hyundai exports to over 65
countries globally; even as it plans to continue its thrust in existing export markets, it is gearing
up to step up its foray into new markets.
22
23
Santro AT
Santro CNG
24
.
Company Awards CNBC Autocar
Accent GLE India Hyundai has been the
Accent GLS manufacturer of the year for two years in
row.
Accent Viva
Hyundai ELANTRA
Elantra is a well equipped 5 passenger mid size family car,with the safety
Tucson - 'SUV of the year' by NDTV
features like child airbag, passenger airbag, driver airbag, child safety
Profit/Car lockAwards
& Bike etc., this
2006
car is fully packed to be marketed for a safe driving.
PM Presents Star Company Award to
Hyundai Motor India
Elantra CRDi
Hyundai Santro has topped the JD Power
Elantra GLS Asia Pacific Intial Quality Study (IQS)
that measures product quality for three
years in a row (Years 2000, 2001 and
Hyundai VERNA
2002)
Hyundai
The clean, modern and trendy texture of the Verna portraysSantro
itself has topped
as an objectthe JD Power
Asia Pacific APEAL study that measures
of panache. Rich in style and swift in movement, makescustomer
Verna the ultimate symbol
satisfaction for three years in a
of elegance. Verna is although a medium segment luxury sedan, however it has welland 2002)
row (Years 2000, 2001
been crafted in a way that it projects a very sporty look on itself. The below
mentioned traits of Verna in the domain of luxury, comfort and design is such that it
could impeccably create a sensation amongst every generation.
25
Verna i (Petrol)
Verna Xi (Petrol)
Hyundai Motor Company - The Mission
Verna XXi (Petrol)
. Safety features like dual-front airbags, dual pre-tensioned seat belts, load
The company's
limiters strategic
etc make this cargoal
saferfor
forthe coming
drivers. millennium
Its 2.4 litre four aims at being
cylinder VTVTone amongst the Global
engine
Top
and Ten
other(GT-10).
comfortTheir corporate
features like rearphilosophy seeks to
seat adjustment, improve
shut off typethe
AClives ofglove
vent, everyone surrounding
the
box,company, and boot
boot lid and makecapacity,
Hyundai suna glass
company that
space, is respected sound
ergonomically by people all front
system, over the world. To
advance
and rearinto the front
speakers, ranks and
tweeters of the global etc
woofers autoensure
industry
the in the next
quality century.
of the car.
Objectives of Hyundai
Development in Hyundai
Sonata Embera 2.4 M/T
Hyundai's research and development staff is growing at a rapid rate and in fact, they have planned
to invest $5.7 billion between now and end of the century on new model development programs
and advanced technology. Along with Namyang, Hyundai's global research and development
network consists of eight research centers worldwide.
Hyundai i10
The Hyundai Motor group takes a new plunge in the market by launching the
most dynamic and vibrant car called Hyundai i10. Designed with all the latest
technologies and luxurious features inside, it can become the fantasy of any car
lover. It has been designed in the most extraordinary and inventive way that can cater
to the needs of a modern day customer in a efficient way. It consists of streamline
bodyline and waistline molding that lends it a sporty look.
27
Board of Directors of Hyundai Motor
President
RETAIL FINANCE PARTENERS Yeo Chul Youn
Hyundai hasDirectors
Outside been associated with the following Kwang
(Non-standing) financeNyun
partners
Kimto facilitate the
finance to its customers.
Dong Gee Kim
Byoung Il Park
TOP COMPETITORS
MD : H. S. Lheem
Executive
1. Maruti Suzuki India LimitedDir - Procurement : Min Ho Lee
Executive
Maruti Suzuki India Dir.
Limited is Administration : Yui Guen
the premier car company in Cho
India. Maruti Suzuki Limited
(MSL) was established in Feb 1981. The company entered into collaboration with Suzuki Motor
Corporation of Japan to manufacture cars. Maruti is the highest volume car manufacturer in Asia,
outside Japan and Korea. Despite there being 11 companies now in the passenger car market in
India, Maruti holds about 60% of the total market share.
2. Toyota Motors
With the full devotion and round the clock services, Toyota Company has dragged the
attention of Indian customers to its products. Toyota tied up with Kirloskar Group by forming
28
CHAPTER IV
DATA ANALYSIS &
INTERPRETATION
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TABLE. 4. 1. (A)
This table contains the data about the respondents those who were responded to this
questionnaire. This table shows us the respondents data according to their gender
wise. i.e., the percentage of male and female respondents. This data is put in the form
of bar diagram below.
Graphical representation
Inference
30
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram 95% of the respondents are males and only 5% of the respondents
are females.
TABLE. 4. 1. (B)
The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows us the respondents data according to their
occupation wise. i.e., the percentage of student respondents and businessmen,
employee and also other respondents.
Graphical representation
Inference
31
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 28% of the respondents are students, 34% are businessmen, 26%
are employees and 12% of the respondents.
TABLE. 4. 2.
4 51-60 Years 8 8
5 Above 60 Years 4 4
Total 100 100
The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows us the respondents data according to their age
wise. This data is put in the form of bar diagram below.
Graphical representation
Inference
32
Out of 100 respondents, 36% of the respondents were between 21-30 years and
34% of the respondents were belongs to 31-40 years and 18% of the respondents were
belongs to 41-50 years, 8% of the respondents were between 51-60 years and 4% of
the respondents were above 60 years.
TABLE. 4. 3.
1 One 67 67
2 Two 28 28
3 Three or more 5 5
The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows that the responses of customers, those who own
the car. This data is put in the form of bar diagram below.
Graphical representation
Inference
33
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 67% of the respondents have only one four wheeler and 28% of
the respondents have two four wheelers and 5% of the respondents have three or more
four wheelers.
TABLE. 4. 4
The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows that the respondents usage period of the Hyundai
car since they purchased. This data is put in the form of bar diagram below.
Graphical representation
34
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 8% of the respondents has been using the Hyundai car since 6
months and 18% of the respondents has been using for 6 months 1 year, and 38% of
the respondents has been using for 1-2 years and 26% of the respondents has been
using for 2-3 years and 10% of the respondents has been using for more than 3 years.
TABLE. 4. 5
35
The above table contains some of the characteristics of the Hyundai cars. Respondents
have given ranks to the listed characteristics according to their priority. Out of 100
respondents, it is shown that in the table only their first priorities given towards the
listed characteristics only considered. This data is put in the form of bar diagram
below.
Graphical representation
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 30 respondents have given first rank to cost effective (30%), 13
respondents have given first rank to status (13%) and 22 respondents have given first
rank to easy maintenance (22%), 17 respondents have given first rank to comfort
(17%) and 18 respondents have given first rank to stylish (18%).
TABLE. 4. 5. (A)
Relationship between age and characteristics of the Hyundai, which are influencing the
respondents.
characteristics Total
36
Age of Cost Status Easy Comfort stylish
respondents effective maintenance
21-30 years 10 6 3 5 12 36
31-40 years 2 4 12 10 6 34
41-50 years 12 1 4 1 0 18
51-60 years 4 1 2 1 0 8
Above 60 years 2 1 1 0 0 4
Total 30 13 22 17 18 100
The above table contains some of the characteristics of the Hyundai cars.
Respondents have given ranks to the listed characteristics according to their priority.
Out of 100 respondents, it is shown that in the table only their first priorities given
towards the listed characteristics. Here the respondents were divided into different
categories by considering their age.
Example: = 30 * 36
100
= 10.80
O = Observed frequency.
E = Expected frequency
c = No. of columns.
r = No. of rows.
= (5-1) (5-1)
=4*4 = 16.
6. Drawing inference.
38
Find out the table value of chi-square and degree of freedom. If the calculated
value of chi-square < the table value of chi-square, the null hypothesis is accepted. i.e.,
there is no significant difference between the two samples.
S.NO. E O (E-O)2/E
1 10.8 10 0.059
2 4.68 6 0.372
3 7.92 3 3.056
4 6.12 5 0.204
5 6.48 12 4.702
6 10.2 2 6.592
7 4.42 4 0.039
8 7.48 12 2.731
9 5.78 10 3.081
10 6.12 6 0.002
11 5.4 12 8.066
12 2.34 1 0.767
13 3.96 4 0.0004
14 3.06 1 1.386
15 3.24 0 3.24
16 2.4 4 1.066
17 1.04 1 0.001
18 1.76 2 0.032
19 1.36 1 0.095
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20 1.44 0 1.44
21 1.2 2 0.533
22 0.52 1 0.443
23 0.88 1 0.016
24 0.68 0 0.68
25 0.72 0 0.72
Total 39.332
Degree of freedom 16
Inference :
Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and influencing
characteristics of the Hyundai are dependable.
TABLE. 4. 5. (B)
40
characteristics Total
< 2 lakhs 0 0 0 0 0 0
2-3 lakhs 20 2 1 1 1 25
3-4 lakhs 5 3 20 15 2 45
Above 4 lakhs 5 8 1 1 15 30
Total 30 13 22 17 18 100
The above table contains some of the characteristics of the Hyundai cars.
Respondents have given ranks to the listed characteristics according to their priority.
Out of 100 respondents, it is shown that in the table only their first priorities given
towards the listed characteristics. Here the respondents were divided int different
categories by considering their income levels.
Degree of freedom 12
41
S.No. E O (E-O)2/E
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
5 0 0 0
6 7.5 20 20.833
7 3.25 2 0.480
8 5.5 1 3.681
Inference
9 4.25 1 2.485
TABLE. 4. 5. (C)
42
Relationship between occupation of respondents and characteristics of the Hyundai, which
are influencing the respondents.
characteristics Total
Student 1 2 5 4 16 28
Business 4 10 12 8 0 34
Employee 18 1 3 3 1 26
Others 7 0 2 2 1 12
Total 30 13 22 17 18 100
The above table contains some of the characteristics of the Hyundai cars. Respondents
have given ranks to the listed characteristics according to their priority. Out of 100
respondents, it is shown that in the table only their first priorities given towards the
listed characteristics. Here the respondents were divided into different categories by
considering their occupation.Setting of the hypothesis.
Degree of freedom 12
S.NO. E O (E-O)2/E
43
1 8.4 1 6.519
2 3.64 2 0.738
3 6.16 5 0.218
4 4.76 4 0.121
5 5.04 16 23.83
6 10.2 4 3.768
7 4.42 10 7.044
8 7.48 12 2.731
9 5.78 8 0.852
10 6.12 0 6.12
11 7.8 18 13.33
12 3.38 1 1.675
13 5.72 3 1.293
14 4.42 3 0.456
15 4.68 1 2.893
16 3.6 7 3.211
17 1.56 0 1.56
18 2.64 2 0.155
19 2.04 2 0.0007
20 2.16 1 0.622
Total 77.156
Inference
Since calculated value of 2 > the table value of chi-square, the null hypothesis
is rejected. Which means the results of experiments not supporting the hypothesis. So
44
we can conclude that the occupation of respondents and influencing characteristics of
the Hyundai are dependable.
TABLE. 4. 6.
2 Brand name 33 33
3 Comfort /convenience 17 17
4 Economy of operation 13 13
The above table contains some factors of the Hyundai cars. Respondents have
given their responses to the listed factors according to their priority. This data is put in
the form of bar diagram below.
Graphical representation
45
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 33% of the respondents influenced by brand name and 27% of the
respondents influenced by affordable price range, 17% of the respondents influenced
by comfort / convenience and 13% of the respondents influenced by economy of
operation and 10% of the respondents influenced by family / friends.
TABLE. 4. 6. (A)
Relationship between age of respondents and factors, which are influencing the
respondents to make the purchase of Hyundai
46
factors Total
21-30 years 3 18 8 1 6 36
31-40 years 10 10 3 10 1 34
41-50 years 8 5 3 1 1 18
51-60 years 6 0 1 1 0 8
Above 60 years 0 0 2 0 2 4
Total 27 33 17 13 10 100
The above table contains some factors of the Hyundai cars. Respondents have given
their responses to the listed factors according to their priority. Here the respondents
were divided into different categories by considering their age.
Degree of freedom 16
47
Chi-square table value 26.3
S.NO. E O (E-O)2/E
1 9.72 3 4.645
2 11.88 18 3.152
3 6.12 8 0.577
4 4.68 1 2.893
5 3.6 6 1.6
6 9.18 10 0.073
7 11.22 10 0.132
8 5.78 3 1.337
9 4.42 10 7.044
10 3.4 1 1.694
11 4.86 8 2.028
12 5.94 5 0.148
13 3.06 3 0.001
14 2.34 1 0.767
15 1.8 1 0.355
16 2.16 6 6.826
17 2.64 0 2.64
18 1.36 1 0.095
19 1.04 1 0.001
20 0.8 0 0.8
48
21 1.08 0 1.08
22 1.32 0 1.32
23 0.68 2 2.562
24 0.52 0 0.52
25 0.4 2 6.4
Total
48.698
Inference
Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and factors which are
influencing the respondents to make the purchase of Hyundai are dependable.
TABLE. 4. 6. (B)
Relationship between income levels of respondents and factors, which are influencing the
respondents to make the purchase of Hyundai.
Factors Total
49
< 2 lakhs 0 0 0 0 0 0
2-3 lakhs 17 4 2 1 1 25
3-4 lakhs 5 20 13 3 4 45
Above 4 lakhs 5 9 2 9 5 30
Total 27 33 17 13 10 100
The above table contains some factors of the Hyundai cars. Respondents have given
their responses to the listed factors according to their priority. Here the respondents
were divided into different categories by considering their income levels.
Degree of freedom 12
S.NO. E O (E-O)2/E
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
50
5 0 0 0
6 6.75 17 15.56
7 8.25 4 2.189
8 4.25 2 1.191
9 3.25 1 1.557
10 2.5 1 0.9
11 12.15 5 4.207
12 14.85 20 1.786
13 7.65 13 3.741
14 5.85 3 1.388
15 4.5 4 0.055
16 8.1 5 1.186
17 9.9 9 0.081
18 5.1 2 1.884
19 3.9 9 6.669
20 3 5 1.333
Total 43.737
Inference
Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. This means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and factors which are
influencing the respondents to make the purchase of Hyundai are dependable.
TABLE. 4. 6. (C)
51
factors Total
Student 2 16 2 6 2 28
Business 8 10 10 3 3 34
Employee 15 3 2 2 4 26
Others 2 4 3 2 1 12
Total 27 33 17 13 10 100
The above table contains some factors of the Hyundai cars. Respondents have given
their responses to the listed factors according to their priority. Here the respondents
were divided into different categories by considering their occupation
Degree of freedom 12
52
S.NO. E O (E-O)2/E
1 7.56 2 4.089
2 9.24 16 4.945
3 4.76 2 1.600
4 3.64 6 1.530
5 2.8 2 0.228
6 9.18 8 0.151
7 11.22 10 0.132
8 5.78 10 3.081
9 4.42 3 0.456
10 3.4 3 0.047
11 7.02 15 9.071
12 8.58 3 3.628
13 4.42 2 1.324
14 3.38 2 0.563
15 2.6 4 0.753
16 3.24 2 0.474
17 3.96 4 0.0004
18 2.04 3 0.451
19 1.56 2 0.124
20 1.2 1 0.033
Total 32.689
Inference
Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we
53
can conclude that the occupation of respondents and factors which are influencing the
respondents to make the purchase of Hyundai are dependable.
TABLE. 4. 7.
2 No 0 0
This table contains the data about the respondents those who were responded to this
questionnaire. This table shows that the responses about the awareness of sales
promotions of Hyundai. This data is put in the form of bar diagram below.
Graphical representation
Inference
54
From the above bar diagram, it is clear that, Out of 100 respondents, 100% of the
respondents were aware of sales promotions.
TABLE. 4. 8.
1 Print media 34 34
2 Electronic media 42 42
3 Outdoor media 8 8
4 Online media 16 16
This table contains the data about the respondents those who were responded
to this questionnaire. This table shows that the responses about the awareness of sales
promotions of Hyundai through the different medias. The data reveals that different
types of media effectiveness in promoting the brand Hyundai. This data is put in the
form of bar diagram below.
Graphical representation
55
Inference
Out of 100 respondents whose opinions were collected, it is clear that from
the above bar diagram 42% of the respondents were aware of sales promotions
through electronic media and 34%of the respondents through print media and 16% of
the respondents through online media and 8% of the respondents through outdoor
media.
TABLE. 4. 8. (A)
Media
56
Age of Print Electronic Outdoor Online
respondents media media media
media Total
21-30 years 6 16 2 12 36
31-40 years 13 17 1 3 34
41-50 years 8 8 1 1 18
51-60 years 4 1 3 0 8
Above 60 years 3 0 1 0 4
Total 34 42 8 16 100
This table shows that the responses of respondents about the awareness of sales
promotions of Hyundai through the different medias. The data reveals that different
types of medias effectiveness in promoting the brand Hyundai. The data was divided
into different types of categories by considering their age.
Degree of freedom 12
57
Chi-square table value 21
S.NO. E O (E-O)2/E
1 12.24 6 3.181
2 15.12 16 0.051
3 2.88 2 0.268
4 5.76 12 6.76
5 11.56 13 0.179
6 14.28 17 0.518
7 2.72 1 1.087
8 5.44 3 1.094
9 6.12 8 0.577
10 7.56 8 0.025
11 1.44 1 0.134
12 2.88 1 1.227
13 2.72 4 0.602
14 3.36 1 1.657
15 0.64 3 8.702
16 1.28 0 1.28
17 1.36 3 1.977
18 1.68 0 1.68
19 0.32 1 1.445
58
20 0.64 0 0.64
Total 33.09
Inference
Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we
can conclude that the age of respondents and different types of medias effectiveness to
make the purchase of Hyundai are dependable.
TABLE. 4. 9.
1 News paper 25 25
2 Television 48 48
3 Hoardings 5 5
4 Internet 22 22
This table shows that the responses of respondents about the awareness of sales
promotions of Hyundai through the different medias. The data reveals that different
types of medias effectiveness in promoting the brand Hyundai. Respondents have
given ranks to the listed Medias according to their priority. Out of 100 respondents, it
is shown that in the table only their first priorities given towards the listed Medias only
considered. This data is put in the form of bar diagram below.
Graphical representation
59
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 48% of the respondents have given first rank to electronic media
and 25% of the respondents have given first rank to print media and 22% of the
respondents have given first rank to online media, 5% of the respondents have given
first rank to outdoor media.
TABLE. 4. 10.
1 Strongly agree 50 50
2 Agree 32 32
60
3 Neither agree nor 10 10
disagree
4 Disagree 6 6
5 Strongly disagree 2 2
This table shows that the responses of respondents on sales promotions of Hyundai.
The data reveals that different types opinions of Hyundai customers. This data is put in
the form of bar diagram below.
Graphical representation
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the above
bar diagram 50% of the respondents strongly agreed that the Hyundais sales
promotions are good, 32% of the respondents agreed that the Hyundais sales
promotions are good and 10% of the respondents neither agreed nor disagreed about
the Hyundais sales promotions, 6% of the respondents disagreed that Hyundais sales
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promotions are good and 2% of the respondents strongly disagreed that Hyundais
sales promotions are good.
TABLE. 4. 11.
1 Strongly agree 40 40
2 Agree 31 31
4 Disagree 8 8
5 Strongly disagree 3 3
This table shows that the responses of respondents about the influence of sales
promotions on them to purchase the Hyundai. The data reveals that different types
opinions of Hyundai customers. This data is put in the form of bar diagram below.
Graphical representation
62
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 40% of the respondents strongly agreed that the Hyundais sales
promotions were influenced them to purchase the Hyundai car, 31% of the
respondents agreed that the Hyundais sales promotions were influenced them to
purchase the Hyundai car and 18% of the respondents neither agreed nor disagreed
about the influence of Hyundais sales promotions, 8% of the respondents disagreed
and 3 % of the respondents strongly disagreed
TABLE. 4. 12.
3 Festival offers 11 11
4 Exchange offers 9 9
5 Gold coins 25 25
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This table shows that the response of respondents about the scheme influences them to
purchase the Hyundai cars. In this table different schemes were listed and provided the
responses of respondents according to their view. This data is put in the form of bar
diagram below.
Graphical representation
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the above
bar diagram price off offer influences 45% of the respondents, gold coins scheme
influences 25% of the respondents, exchange offer scheme influences 9% of the
respondents, festival schemes influences 11% of the respondents and less rate of
interest schemes influences 10% of the respondents.
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TABLE. 4. 12. (A)
Relatio
nship between the age of respondents and schemes influence them to purchase the
Hyundai.
Schemes Total
21-30 years 26 1 2 2 5 36
31-40 years 15 4 5 4 6 34
41-50 years 1 3 3 2 9 18
51-60 years 3 1 0 1 3 8
Above 60 years 0 1 1 0 2 4
Total 45 10 11 9 25 100
This table shows that the response of respondents about the scheme influences them to
purchase the Hyundai cars. In this table different schemes were listed and divided the
responses according to their age.
Degree of freedom 16
65
Chi-square table value 26.3
S.NO. E O (E-O)2/E
1 16.2 26 5.928
2 3.6 1 1.877
3 3.96 2 0.970
4 3.24 2 0.474
5 9 5 1.777
6 15.3 15 0.005
7 3.4 4 0.105
8 3.74 5 0.424
9 3.06 4 0.288
10 8.5 6 0.735
11 8.1 1 6.223
12 1.8 3 0.8
13 1.98 3 0.525
14 1.62 2 0.089
15 4.5 9 4.5
16 3.6 3 0.1
17 0.8 1 0.05
18 0.88 0 0.88
19 0.72 1 0.108
20 2 3 0.5
21 1.8 0 1.8
66
22 0.4 1 0.9
23 0.44 1 0.712
24 0.36 0 0.36
25 1 2 1
Total 31.138
Inference
Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and schemes which
influence them to make the purchase of Hyundai are dependable.
TABLE. 4. 13.
1 Very good 43 43
2 Good 37 37
4 Bad 2 2
5 Very bad 1 1
This table shows that the opinion of respondents about the price off offer scheme
which was implemented in Hyundai. In this table different opinions of respondents
were shown. This data is put in the form of bar diagram below.
Graphical representation
67
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 43% of the respondents agreed that price off offer was very
good, 37% of the respondents agreed that price off offer was good, 17% of the
respondents neither agreed nor disagreed about price off offer, 2% of the
respondents disagreed and 1% of the respondent strongly disagreed.
Relationship between the age of respondents and opinion on price off offer of Hyundai.
Opinions Total
21-30 years 16 14 5 1 0 36
31-40 years 15 15 4 0 0 34
41-50 years 8 7 3 0 0 18
51-60 years 2 1 3 1 1 8
Above 60 years 2 0 2 0 0 4
Total 43 37 17 2 1 100
68
This table shows that the opinion of respondents about the price off offer
scheme which was implemented in Hyundai. In this table different opinions of
respondents are divided in to various categories. These categories have done by
considering the respondents age.
Degree of freedom 16
S.NO E O (E-O)2/E
1 15.48 16 0.017
2 13.32 14 0.034
3 6.12 5 0.204
4 0.72 1 0.108
5 0.36 0 0.36
6 14.62 15 0.009
7 12.58 15 0.465
8 5.78 4 0.548
9 0.68 0 0.68
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10 0.34 0 0.34
11 7.74 8 0.008
12 6.66 7 0.017
13 3.06 3 0.001
14 0.36 0 0.36
15 0.18 0 0.18
16 3.44 2 0.602
17 2.96 1 1.297
18 1.36 3 1.977
19 0.16 1 4.41
20 0.08 1 10.58
21 1.72 2 0.045
22 1.48 0 1.48
23 0.68 2 2.562
24 0.08 0 0.08
25 0.04 0 0.04
Total 26.413
Inference
Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we
can conclude that the age of respondents and opinion on price off offer of Hyundai are
dependable.
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TABLE. 4. 14.
The opinion of respondents on Benefits offered from price off offer of Hyundai.
1 Strongly agree 65 65
2 Agree 20 20
4 Disagree 3 3
5 Strongly disagree 2 2
This table shows that the opinion of respondents about the benefits offered
from price off offer scheme which was implemented in Hyundai. In this table
different opinions of respondents are divided in to various categories. This data is put
in the form of bar diagram below.
Graphical representation
71
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram 65% of the respondents strongly agreed that benefits offered from
price off offer were fair and reasonable to other schemes, 20% of the respondents
agreed that benefits offered from price off offer were fair and reasonable to other
schemes, 15% of the respondents neither agreed nor disagreed about price off offer
benefits.
Opinions Total
21-30 years 20 13 3 0 0 36
31-40 years 25 3 5 1 0 34
41-50 years 12 2 4 0 0 18
51-60 years 2 1 2 2 1 8
Above 60 years 1 1 1 0 1 4
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Total 60 20 15 3 2 100
This table shows that the opinion of respondents about the benefits offered from price
off offer scheme which was implemented in Hyundai. In this table different opinions
of respondents are divided in to various categories. . These categories have done by
considering the respondents age.
Degree of freedom 16
S.NO. E O (E-O)2/E
1 21.6 20 0.118
2 7.2 13 4.672
3 5.4 3 1.066
4 1.08 0 1.08
5 0.72 0 0.72
6 20.4 25 1.03
73
7 6.8 3 2.123
8 5.1 5 0.001
9 1.02 1 0.0003
10 0.68 0 0.68
11 10.8 12 0.133
12 3.6 2 0.711
13 2.7 4 0.625
14 0.54 0 0.54
15 0.36 0 0.36
16 4.8 2 1.633
17 1.6 1 0.225
18 1.2 2 0.533
19 0.24 2 12.906
20 0.16 1 4.41
21 2.4 1 0.816
22 0.8 1 0.05
23 0.6 1 0.266
24 0.12 0 0.12
25 0.08 1 10.58
Total 45.412
Inference
Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we
74
can conclude that the age of respondents and opinion of them on benefits offered from
price off offer to other schemes are dependable.
TABLE. 4. 15.
1 Fully 55 55
2 To some extent 30 30
3 Neutral 9 9
4 Not 4 4
5 Not at all 2 2
This table shows that the data about the respondents satisfaction level on the
purchase of Hyundai car. In this table different opinions of respondents are divided in
to various categories. This data is put in the form of bar diagram below.
Graphical representation
75
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 55% of the respondents fully satisfied, 30% of the respondents to
some extent satisfied and 9% of the respondents were neutral, 4% of the respondents
dissatisfied.
Relationship between the gender of respondents and their satisfaction level on the purchase
of Hyundai
Opinions Total
Male 54 29 7 3 2 95
Female 1 1 2 1 0 5
Total 55 30 9 4 2 100
76
This table shows that the data about the respondents satisfaction level on the
purchase of Hyundai car. In this table different opinions of respondents are divided in
to various categories. These categories have done by considering the respondents age.
Degree of freedom 4
S.NO. E O (E-O)2/E
1 52.25 54 0.058
2 28.5 29 0.008
3 8.55 7 0.28
4 3.8 3 0.168
5 1.9 2 0.005
6 2.75 1 1.113
7 1.5 1 0.166
8 0.45 2 5.338
9 0.2 1 3.2
10 0.1 0 0.1
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Total 10.44
Inference
Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the null
hypothesis. So we can conclude that the gender of respondents and their satisfaction
level on the purchase of Hyundai are dependable.
TABLE. 4. 16.
1 Strongly agree 60 60
2 Agree 20 20
4 Disagree 6 6
5 Strongly disagree 2 2
This table shows that the data about the respondents opinion about the
recommendation of the Hyundai car to their friends. In this table different opinions
of respondents are divided in to various categories. This data is put in the form of bar
diagram below.
78
Graphical representation
Inference
Out of 100 respondents whose opinions were collected, it is clear that from the
above pie chart, 60% of the respondents strongly agreed that to recommend the
Hyundai car to their friends, 20% of the respondents agreed that to recommend the
Hyundai car to their friends, 12% of the respondents neither agreed nor disagreed to
recommend the Hyundai car to their friends.
TABLE. 4. 17.
79
1 Less than 2 lakhs - -
2 2-3 lakhs 25 25
3 3-4 lakhs 45 45
4 Above 4 lakhs 30 30
This table shows that the data about the respondents house holds yearly family
income. In this table different income levels of respondents are divided in to various
categories. This data is put in the form of bar diagram below.
Graphical representation
Inference
Out of 100 respondents whose opinions were collected, it is clear that from
the above bar chart, there were no respondents whose yearly income was less than 2
lakhs, 25% of the respondents were earning 2-3 lakhs per annum, 45% of the
respondents were earning 3-4 lakhs per annum, 30% of the respondents were earning
above 4 lakhs per annum.
DEALER PROFILE
80
In Hyderabad city Sri lakshmi Hyundai. is one of the best Hyundai dealers
among the other Hyundai dealers like Talwar Hyundai, KUN Hyundai etc. Sri
Lakshmi Hyundai Pvt.Ltd. started in 1998, in Hyderabad city. The head office is
located at Lb Nagar; this is main sales branch of Hyundai in Hyderabad. The
Managing Director of Sri Lakshmi Hyundai Pvt.Ltd. is K.Ram mohan Rao.
It has been expanding its branches all over the city. First they opened one
service branch at Banjarahills. In 2004 August, two more sales and service branches
were opened at different locations. I.e. one at Kukatpally and another at L.B.Nagar.
Recently in 2007 they have opened one more sales branch at Malakpet. They have also
opened one body shop of Hyundai at Autonagar.
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CHAPTER- V
5FINDINGS AND
RECOMENDATIONS
82
5.1 FINDINGS
1. Out of 100 respondents, majority of respondents (67%) had only one four
wheeler and 28% of respondents had two four wheelers, only 5% of
respondents had more than three four wheelers.
2. Out of 100 respondents, majority of respondents had given first rank to cost
effective and after they preferred easy maintenance, stylish, comfort, status
likewise.
5. Out of 100 respondents, almost every consumer had accepted that sales
promotions offered by Hyundai were very good. And they accepted that
they had purchased the Hyundai car because of brand name and also sales
promotions offered by Hyundai.
83
6. Especially in Hyundai sales promotions price off offer attracted many
consumers and they accepted that benefits offered from price off offer were
reasonably fair to other schemes.
5.2 RECOMMENDATIONS
1. While promoting the cars through advertisements more care should be taken.
2. If Hyundai maintains these affordable price ranges like these, sales will be
increased in future.
4. Continuing the sales promotions like price off offers, gold coins, festival offers
would be helpful to Hyundai to increase its sales to the great extent in future.
5.3 CONCLUSION
It may be concluded that members of the sample are feeling a need to have the
Hyundai car. They feel that cost effective, comfort, easy maintenance, stylish are the
main attributes to purchase a car. They have liked Hyundai sales promotions very
well. Especially they liked the price off offer because benefits offered from this offer
are fair and reasonable to other schemes. And almost all respondents are aware of
sales promotions, which are offered by Hyundai. This indicates that Hyundai is
promoting its cars in a correct manner. This is a good sign to Hyundai. The results are
indicating that sales promotions are really affecting the sales by stimulating the
consumers.
5.4 LIMITATIONS
84
1. The survey is limited only to Hyderabad city.
3. Due to limited span of time data is collected from only 100 respondents.
5. As the sample size is small the end result obtained is not so accurate.
85
QUESTIONNAIRE
1. Personal profile:
2. Age
4. In which of the following issues you are satisfied? (Rank them as 1, 2, 3, 4, 5.)
Cost effective Status Easy maintenance
Comfort Stylish
Hoardings Internet.
14. Benefits offered from Price off offer are fair and reasonable as compared with
other schemes?
15. Have your car reached your expectations level when you purchased?
Fully To some extent Neutral
87
BIBLIOGRAPHY
www.hyundaiindia.co.in
www.indiaautomobile.com
www.salespromo.com
www.carwale.com
www.rightautos.com
www.driveinside.com
www.upspiral.com
www.ask.com
www.auto.indiamart.com
www.prodomain.com
www.hyundaimotors.com
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