Mridul Verma Project Report
Mridul Verma Project Report
Mridul Verma Project Report
Project Report
On
GALGOTIAS UNIVERSITY
GREATER NOIDA
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CERTIFICATE
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DECLARATION
I, Mridul Verma to declare that the project report entitled “A STUDY ON CUSTOMER BEHAVIOUR
TOWARDS HONDA CARS IN NOIDA REGION” being submitted to the GALGOTIAS
UNIVERSITY for the partial fulfillment of the requirement for the degree of Bachelor of Business
Administration is my own endeavors and it has not been submitted earlier to any institution/university for
any degree.
Signature of Student:-
Date:
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ACKNOWLEDGEMENT
I feel great pleasure to submit this report as the culmination of efforts by my teachers and
me. This is the last step of my path leading to graduate degree in Management through
B.B.A.
This project is the result of my hard work, sincerity, and devotion, & put my best to
complete and in turn, gain lots of knowledge and confidence from this project.
I am deeply thankful to my project guide Dr. Mujibur Rahman, Faculty Guide, Galgotia
University, Gr. Noida for her constant support and guide this research report has been
successful completed.
Lastly, I am very thankful to my parents and all those people has been supported me
directly or indirectly, without their constant support and help this research report never be
successful completed.
MRIDUL VERMA
20GSOB1010246
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EXECUTIVE SUMMARY
Automobile Industry has grown up very fast all over the world with the rapid change in
Science & Technology. They had become the necessity of today‘s people. In India only
there are around 5-10 Manufacturers of two wheelers. There is very stiff competition
prevailing in the market nowadays and it is very difficult for companies to survive in the
market.
Honda is the world‘s largest producer of two wheelers. It provides the quality product at
very competitive price. It has the wide range of products all over the world. In India they
separately started their business in 2001. They had only five products in the market till
now & all of them are doing great business in India. Recently they had launched the new
sporty look HONDA UNICORN and HONDA SHINE with many new innovations. In
terms of quality and efficiency what I had noticed in these 2 years is that Honda‘s product
are much better than those of other companies product. They are been developed by the
company by doing an extensive research of the Indian roads, understanding customers
need and desires, and providing comfort while riding.
I had been working on this project from last three months. This project explains our daily
routine work and the overall system which we follow to attend the customers. The main
aim of project is to highlight the sales procedure and the customers views on our efforts.
The study includes the brief explanation of products and then customers feedback form
which is been filled by some of my customers.
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This project aims to provide the whole information about the features & benefits of
Honda‘s product as well as the feeling of joy of affiliation –a positive feeling resulting
from a relation with Honda. Honda work on the policy of (FABE) which means
Features, Advantage, Benefits & Evidence.
An analysis has been drawn from this study by showing the customers feedback on our
work and how they rate us in the Sales Feedback Form. The customers whom I had
attended and given the delivery of the vehicles during my training period are collected in
this feedback form.
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TABLE OF CONTENTS
Chapter No Chapter.-
INTRODUCTION
OBJECTIVE OF STUDY
LIMITATIONS OF STUDY
Chapter- 2.
COMPANY PROFILE
ORGANIZATION'S PHILOSOPHY
PRODUCT PROFILE
Chapter.-3.
RESEARCH METHODOLOGY
Chapter.-4.
Chapter.-5.
CONCLUSION
SUGGESTIONS
BIBLIOGRAP
ANNEXURE
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INTRODUCTION
Who is a Consumer?
Any individual who purchases goods and services from the market
for his/her end-use is called a consumer. In simpler a word a
consumer is one who consumes goods and services available in the
market. Example - Tom might purchase a tricycle for his son or
Mike might buy a shirt for himself. In the above examples, both
Tom and Mike are consumers.
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What is Consumer Behaviour?
Consumer Behaviour is a branch which deals with the various
stages a consumer goes through before purchasing products or
services for his end use.
No requirement
Income/Budget/Financial constraints
Taste
Festive season
Birthday
Anniversary
Marriage or other special occasions
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How a consumer buys a product?
Personal Sources
Commercial Sources
Public Sources
Personal Experience
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Consumer interpretation refers to how an individual
perceives a particular message.
A consumer would certainly buy something which appeals
him the most. He would remember the most relevant and
meaningful message also called as selective retention. He
would obviously not remember something which has nothing
to do with his need.
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EXECUTIVE SUMMARY
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HONDA NETWORK IN INDIA
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Installed Capacity 100,000 Units per Annum (2 shift basis)
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India is the 2nd largest two wheeler manufacturer in the
world
Second largest tractor manufacturer in the world
5th largest commercial manufacturer in the world
3rd largest car market in Asia, surpassing China in the
process
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HONDA NETWORK IN INDIA
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HONDA IN INDIA
Honda Siel Cars India Ltd.
Production
Start
Hero Honda Motors Ltd 1984
Gurgaon & Dharuhera
Honda Siel Power Products Ltd 1988
Rudrapur, Pondicherry & Greater Noida
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COMPANY PROFILE
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investment of RS. 1000 crore is planned and being currently
invested for the coming second plant in Rajasthan. The company
has a capacity of manufacturing 100,000 cars.
The initial installed capacity of the plant was 30,000 cars per
annum, which was thereafter increased to 50,000 cars on a two-
shift basis. The capacity has further been enhanced to 1,00,000
units annually in February 2008 . The capacity expansion was
necessitated by the excellent performance of all the Honda models,
particularly the growing demand for City in India. Several
modifications were done by the company with the objective of
offering higher quality products to its customers, faster and
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quicker. The expansion process also included expansion of the
covered area in the plant, from 1,07,000 sq. m. to 1,31,794 sq. m.
The total investment amounts to Rs 450 crores. The manufacturing
capacity of this plant is 50,000 cars on a dual shift process. The
company has decided to work on the plan of increasing the
manufacturing capacity form 50,000 units to 100,000 units by the
end of 2007 and to 150,000 units by 2010. This manufacturing unit
produces Honda City, Civic and Accord models. The Honda CRV
model is imported from Japan. Honda India has a strong network
of sales and distribution in the country. They have around 51
exclusive dealerships across the country.
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the launch of Honda Civic (which is a global hit) in 2006 was a big
success in the Indian market.Honda India is also very strict about
its quality and environmental standards. It strictly adheres to the
standards of ISO 9001 for quality and ISO 14001 for
environmental standards.
HSCI currently produces the newly launched Honda Jazz, All
New City, Civic and Accord models in India and the premium
SUV, CR-V is sold as a fully imported unit from Japan.
The company operates under the stringent standards of ISO 9001
for quality management and ISO 14001 for environment
management.
The company had a growth of 14% for the fiscal year of 2005-06
when compared to 2004-05, with total sales of 42,727 units in the
domestic market. And they are aiming for a proposed growth of
around 44% for the current fiscal year. So considering the fact that
they have invested more than Rs 800 crores till now in India their
growth result has been excellent.
Today a variety of Honda used cars are buyable from the car
dealerships, used car dealers, car websites and car owners. Honda
cars are the luxury cars. Honda car reviews give a hint of its
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performance and potential. But if the dream of buying a Honda car
seems impossible then go for used cars. Find the used cars dealers
and get broader picture about the car prices. Go for extensive car
search to find the car at best affordable prices.
Honda Philosophy
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Fundamental Beliefs:
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Company Principle:
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SHOWCASE MANUFACTURING FACILITY
PRODUCT RANGE
Honda Siel Cars‘ product range in India includes the Honda Jazz,
City in the mid-size segment, Civic in the Lower D segment and
Accord in the luxury segment and third generation all-new CR-V
(both 2.0L 2 WD and 2.4L 4WD) in the SUV segment. While the
City , Civic and Accord are manufactured at the company‘s plant,
the CR-V is imported from Japan as a Completely Built Unit.
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Honda Jazz
The Jazz is a segment-defining car that has won accolades and adoration all
over the world. Widely acclaimed for its dynamic styling, spacious interiors,
versatile utility and remarkable performance, the Honda Jazz brings added
fun and excitement to the driving experience.
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good fuel economy. The Drive by Wire throttle control system
enables precise control of the vehicle while driving.
Safety of passengers and pedestrians is a top priority for Honda
and all safety equipment is standard across all variants. The
Honda Jazz comes fully loaded with various active and passive
safety features including ABS (Anti-Lock Braking System) with
EBD (Electronic Brake-Force Distribution System), Dual SRS
airbags and pre-tensioner seat belts. Honda‘s Advanced
Compatibility Engineering Body (ACE) and G-CON (G-Force
Control Technology) provide a high integrity survival zone that
enhances self-protection and better compatibility in collisions with
other vehicles. Honda‘s Pedestrian-injury reduction body design
helps protect pedestrians from injury in the event of a collision.
The Jazz practicality has been enhanced with three - mode ―Magic
Seat‖ configuration to achieve multiple seating and cargo-carrying
configurations for long or tall objects in addition to the standard
five-passenger mode.
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HONDA CITY
All-New City
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design. The new City offers 15 inch wheel base and the design
contribute to making the Arrow-shot form even more impressive.
The new Honda City has bagged several awards including 3 Car
of the Year and the prestigious ICOTY (Indian Car of the Year)
2014. The model made a clean sweep in the viewers‘ choice
category winning all 3 awards announced by NDTV Car India &
Bike India Awards, UTVi Autocar Awards and CNBC TV 18
Overdrive Awards. These awards truly exemplify the experts‘ as
well as the customers‘ admiration and trust in the product.
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Honda Civic
HSCI launched the 1.8V Civic in India in July 2006 which became
a runaway success. The company has also launched the 1.8V
version of the Civic in June 2007.
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2007 „Indian Car of the Year‟.
HONDA AMAZE
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Civic Hybrid
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The Honda Civic Hybrid System features a 3-stage i-VTEC + IMA
that employs Honda's 1.3L i-VTEC (Variable Valve Timing and
Lift Electronic Control) engine to provide three stages of valve
timing (low-speed, high-speed, and cylinder idle mode), combined
with a compact and efficient electric motor, Honda's IMA
(Integrated Motor Assist) system. Together with highly efficient
CVT transmission, the system provides nearly 47% enhanced fuel
efficiency than a regular 1.8L Civic AT without compromising on
driving performance.
The Civic Hybrid can deactivate all four of its cylinders and
operate using only the electric motor in certain steady-state
cruising situations. In addition, the internal combustion engine is
switched off when car comes to a stop while the brake pedal is
pressed. These factors contribute greatly to the reduction of fuel
consumption and emissions, particularly in city traffic. Apart from
sleek, aerodynamic exteriors and new-age luxurious interiors,
Honda Civic Hybrid offers the best in safety technology, including
Active Headrest and four SRS Airbags (driver, assistant and side
air bags), besides other safety features.
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Accord 8th Generation
Honda Siel Cars India Ltd, announced the launch of its premium,
upscale All-new Eighth Generation Honda Accord in India. The
All-new Accord comes with 5-speed Manual Transmission and 5-
speed Automatic transmission with Paddle shift, to give the
exhilarating experience of F-1 racing. The AT now has Shift
Holding System which avoids unnecessary gear shifting on
winding roads and helps in hassle free drive.
The handling is another key improvement in 8th Generation
Accord. The chassis and the body have been renewed by
introducing Honda's latest technology to achieve best in class
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handling. Together with Variable Gear Ratio (VGR) steering, the
new Accord becomes quicker and more agile despite its big size.
The new Multi − Link Rear suspension aids in stable driving.
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The 8th generation Honda Accord that was launched in May 2008
won the UTVi Autocar Best Luxury Car .
HONDA MOBILO
Honda's first MPV for the Indian automobile market -the Mobilio-
is undoubtedly an overall good product. Now that we have driven
the car and know everything about it, here's why we think that the
Mobilio is a much better product than its rivals - Maruti Ertiga and
Chevrolet Enjoy.
Mileage
Powered by the country's most frugal diesel engine - the 1.5-litre i-
DTEC, the Mobilio delivers an impressive 24.2Km/l. On the other
hand, Ertiga and Enjoy are powered by a 1.3-litre multijet diesel
engine and claim a mileage of 20.77Km/l and 18.2Km/l,
respectively.
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The petrol version of the MPV houses a 1.5-litre i-VTEC unit,
which also powers the Honda City. Interestingly enough, this
engine returns 17.3Km/l, which is again better than that of the
Ertiga and Enjoy's petrol models.
HONDA BRIO
Honda had unveiled the concept version of the Brio at the 2010
Indian Auto Expo. After about a year and a half, the company is
now ready to launch the Brio in India.The Brio is powered by a 4-
cylinder, 1.2 L (73 cu in) L12B i-VTEC gasoline engine delivering
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88 PS (64.7 kW; 86.8 bhp). It is available with either a 5-
speed manual or a continuously variable transmission. The car is
certified to deliver a combined mileage of 19.4 km/L (55 mpg-imp;
46 mpg-US)16.5 km/L (47 mpg-imp; 39 mpg-US) with manual and
automatic transmission respectively on the indian cycle.Safety
equipment includes dual front airbags, anti-lock braking
system, electronic brakeforce distribution and front
pretensioner seat belts. The driver's side airbag featuremulti-stage
inflation. The front body is designed to absorb impact energy for
better pedestrian protection.
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HONDA CR-V
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of the car which is the first in its class. The Realtime 4WD
intelligently detects adverse road conditions and switches to 4-
wheel drive instantly. In normal conditions the all-new CR-V
operates in front wheel drive mode but in wet, muddy roads or off-
road conditions, it automatically switches to 4-wheel drive
instantly. An enlarged clutch and stiffened transmission parts help
distribute 20% additional torque to the rear wheels which ensures
smooth drive in bad road conditions without compromising on
safety or fuel consumption.
Sales Performance
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Environment and Safety
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BS Motoring Awards 2009
Car of the year – Honda City
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OBJECTIVES OF THE STUDY
The study has been under taken to analyze the consumer behavior
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LITERATURE REVIEW
price and product features. This study will help gain knowledge
and workers from every walk of life are comfortably using the
of customer‘s preference.
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According to Lewis &Boom service quality is considered as a
sales service & ability to make calls without getting cut off &also
examined the new mantra of all FMCG giants is; To get rich, sell
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Understanding the rural customers.Inadequate data on rural
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RESEARCH METHODOLOGY
Definition of Research:-
RESEARCH DESIGN
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SAMPLING TECHNIQUE
SAMPLE SIZE
SAMPLE DESCRIPTION
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DATA ANALYSIS AND INTERPRETATION
DATA ANALYSIS
The first hand information was collected by making the people fill the
questionnaires. The primary data collected by directly interacting
with the people. The respondents were contacted at shopping malls,
markets, places that were near to showrooms of the consumer durable
products etc. The data was collected by interacting with 130
respondents who filled the questionnaires and gave me the required
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necessary information. The respondents consisted of housewives,
students, businessmen, professionals etc. the required information
was collected by directly interacting with these respondents
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DATA INTERPRETATION AND ANALYSIS
Family needs 52
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INTERPRETATION
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Q2- In which segment you purchase your car?
Hatch back 38
Saloon/ Sedan 22
SUV 24
MUV 46
TOTAL 130
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INTERPRETATION
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Q3- Within how much interval you change your car?
1 year 13
2 year 32
3 year 49
4 year 26
TOTAL 130
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INTERPRETATION
60
Q4- From where you collect the information?
Company website 26
Dealer 16
Other sources 0
TOTAL 130
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INTERPRETATION
62
Q5- Which source influence you most to purchase car?
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INTERPRETATION
64
Q6- Which factor you consider most before selecting a car?
Brand 21
Price 26
Technology 10
Feature of car 39
Finance facility 16
Dealership network 10
TOTAL 130
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INTERPRETATION
66
Q7- Which feature you consider most to compare with other
car?
Mileage 31
Pickup 13
Stability on road 18
Top speed 8
Handling 21
Comfort 39
TOTAL 130
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INTERPRETATION
68
Q8- Will you test drive your car before purchase?
Yes 130
No 00
Total 130
INTERPRETATION
As per the survey, all of the consumers want to test drive their car
before purchasing it.
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Q9- Does media play any role in your purchase decision?
Very much 39
Some role 73
No role 18
TOTAL 130
INTERPRETATION
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surveyed say that media doesn‘t play any role in their decision of
buying a car.
Television 57
On line promotion 27
Other sources 6
TOTAL 130
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INTERPRETATION
72
Q11- How will you finance your car?
Cash 26
Bank loans 58
TOTAL 130
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INTERPRETATION
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Q12-Who is mostly like to purchase car ?
INTERPRETATION
75
Q 13-Do age have main role in decision of purchase car?
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INTERPRETATION
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Q14- If you have choice in chooses a car which have low price
and same features in comparison of HONDA siel car, which
car do you like to purchase?
RESPONSE RESPONDENT
HONDA‘s cars 78
Other cars 52
TOTAL 130
INTERPRETATION
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Q 15- Do brands are important role play in decision of car
purchase ?
(1) Yes
(2) NO
RESPONSE RESPONDENT
Yes 130
No 00
TOTAL 130
INTERPRETATION
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FINDINGS
Most of the people are satisfied with its low maintenance cost
becomes good.
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SUGGESTIONS AND RECOMMEDATION
2. Newspaper partners.
Our research revealed Times of India to be the favorite and most
read newspaper among 51% of the customers. Moreover the
general time spent by them on the newspaper is 30min. to an hour
which can help Honda to show their advertisement in this
newspaper and also on some other pages apart from the front page
or back page that may prove to be cost beneficial in the long run.
3. Television channel:
With the help of this research it was found that NDTV is the most
viewed channel followed by MTV and CNBC. So Honda can
show their advertisement on the following channels to ensure
maximum visibility. Also family channels colors seem to be
emerging leader in the future which was second to star plus. Also
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the favorite time slot was 7:30 pm to 11pm which is recommended
for the Honda advertisements.
5. Presence in A segment.
With Maruti being the leader in this segment Honda enter this
market to gain larger profits as majority of the Indian customer are
in the entry segment of car.
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much better reach to Indian customer as compared to Honda. It is
recommended to open new dealerships at sub urban area as well.
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10. Event and Sponsorships:
Sports and cars have always been life of the young generation.
There should be association of the brand with sports like cricket
etc. helping them to accelerate their sales.
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LIMITATIONS
Although the study was carried out with extreme enthusiasm and
careful planning there are several limitations, which handicapped
the research viz,
1. Time Constraints:
The time stipulated for the project to be completed is less and
thus there are less chances that some information might have
been left out, however due care is taken to include all the
relevant information needed.
2. Sample size:
Due to time constraints the sample size was relatively small and
would definitely have been more representative if I had
collected information from more respondents.
3. Accuracy:
It is difficult to know if all the respondents gave accurate
information; some respondents tend to give misleading
information.
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4. Respondents:
It was difficult to find respondents as they were busy in their
schedule, and collection of data was very difficult. Therefore,
the study had to be carried out based on the availability of
respondents.
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CONCLUSION
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Television is the source of media which influence purchase
decision most followed by Newspaper and MagazinesTo
promoting all these things Media plays a very important role and
greatly influences the customers in their purchase decisions.
Therefore, company should consider the above stated points in order
to analyze the consumer buying behavior at the time of car purchase.
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REFERENCES
Text References:
Website References:
www.hondacarindia.com
www.hondaindiadirectfeedback.com
www.Apollotyres.com
www.carwaale.com
www.cisco.com
www.edmunds.com
About.com
Magazines:
Autocar India.
Overdrive.
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QUESSTIONAIRE
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Q1- Why you decide to purchase a car ?
(1) Increase in disposable income
(2) Better safety on road
(3) Family needs
(4) Increase in family size
(5) Suits your life style & personality
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Q4- From where you collect the information?
(1) Company website
(2) Dealer
(3) Newspaper & Magazine
(4) Friends & Relative
(5) Other source( plz. Specify )
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Q7- Which feature you consider most to compare with other car?
(1) Mileage (Km./ltr.)
(2) Pick up
(3) Stability on road
(4) Top speed
(5) Handling
(6) Comfort
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Q11- How will you finance your car?
(1)Cash
(2)Bank loan
(3) Financial Institution
(4) Friends & Relatives
Q14- If you have choice in chooses a car which have low price and
same features in comparison of HONDA siel car, which car do you
like to purchase?
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Q 15- Do brands are important role play in decision of car
purchase ?
(3) Yes
(4) NO
Signature of respondent.
Thank you.
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