A Study On The Customer Behavior of The Customers Towards Maruti Suzuki
A Study On The Customer Behavior of The Customers Towards Maruti Suzuki
A Study On The Customer Behavior of The Customers Towards Maruti Suzuki
INTRODUCTION
CUSTOMER BEHAVIOUR is the study of when, why, how, and where people do or do not buy
a product. It blends elements from psychology, sociology, social anthropology and economics. It
attempts to understand the buyer decision making process, both individually and in groups. It
studies characteristics of individual customers such as demographics and behavioral variables in
an attempt to understand people's wants[44]. It also tries to assess influences on the customer
from groups such as family, friends, reference groups, and society in general.
Customer behavior study is based on consumer buying behavior, with the customer playing the
three distinct roles of user, payer and buyer. Relationship marketing is an influential asset for
customer behavior analysis as it has a keen interest in the re-discovery of the true meaning of
marketing through the re-affirmation of the importance of the customer or buyer. A greater
importance is also placed on customer retention, customer relationship management,
personalization, customization and one-to-one marketing. Social functions can be categorized
into social choice and welfare function[1-6].
Customer Behavior is an information industry term for methodologies, software, and usually
internet capabilities that help an enterprise manage customer nature and behavior or customer
relationship in an organized way. For example, an enterprise might build a database about its
customer that described behavior in sufficient detail so that management , salespeople ,people
providing services, and perhaps the customer directly could access information, match customer
needs with product plans and offerings. Reminds customer of service requirements, know what
other products a customer had purchased, and so forth[9-10].
CB methodologies enable the organization to understand the customer’s needs and behavior
better. It introduces reliable process and procedures for interacting with customer and develops
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stronger relationship with them. The process helps organization in assimilating information about
customer, sales, marketing effectiveness, responsiveness, and market trends. Then this
information is used to give insight into behavior of customers and value of retaining those
customers. The whole process is designed to reduce cost and increase profitability by holding on
to the customer’s loyalty[7-11].
BELCH AND BELCH define CONSUMER BEHAVIOUR as, ’the process and activities people
engage in when searching for , selecting, purchasing, using, evaluating, and disposing of
products and services so as to satisfy their needs and desires’ .
GRAPHICAL REPRESENTATION OF CUSTOMER BEHAVIOUR
Environmental forces
|
Culture, sub-culture, social class, income, education,
Reference group, situational factors, family, social value,
Norms, Roles of marketing mix variables.
|
INDIVISUAL FACTORS
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RATIONAL BEHAVIOUR
Customers with rational behavior first get some knowledge about the product and what it may
offer. By assessing this information , they get an attitude toward the product and finally act;
whether or not to buy the product. This type of behavior is most common when customers are
purchasing expensive products, for eg. Cars
(KNOWLEDGE----ATTITUDE----ACTION)
UNCONSCIOUS BEHAVIOUR
Customers with unconscious behavior begins with an attitude towards the product, this attitude
may either come from emotions or feelings. This attitude will lead the customers to find out
more information about the product and get knowledge about it and finally act their choice[17-
22].
(KNOWLEDGE----ATTITUDE----ACTION)
LEARNED BEHAVIOUR
This type of behavior stems from habits. These customers do not plan their choice of product ,
they do it by habit. For eg. Buying a newspaper.
(KNOWLEDGE----ATTITUDE----ACTION)
SOCIAL BEHAVIOUR
Customers with social behavior choose their products as a result of the social environment which
they live in. Their status, lifestyle, and influence from others determine the product they will
buy.
(KNOWLEDGE----ATTITUDE----ACTION)
Culture has been seen to have one of the greatest influence on customer behavior . According to
kotler (1999), apart from cultural factors other factors such as social, personal, and psychological
factors have influenced on customers behavior.
OVERALL CUSTOMER SATISFACTION
•Quick service
•Billing clarity
•Good value for money
•Service quality
•knowledgeable employees
•courteous
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•friendly employees
•competitive pricing
•Accuracy and timeliness of billing
STATEMENT OF PROBLEM
Customer Behavior and satisfaction is considered to be the most important
factor as it involves Retention of the customer and creates brand loyalty. typical
elements that constitute customer Behavior are; customer nature, attitude,
society, living……etc. This study attempts to find the customer behavior
regarding MARUTI SUZUKI products and services[23-25].
NEED OF THE STUDY
The need of the study are:
• CUSTOMER BEHAVIOUR is must to understand the likes and dislikes of the
customer regarding MARUTI product and services.
• To evaluate understand the channels and how they are working.
• To know whether customer receive the product and services on time.
• this would plan for better channel and improve CRM activitie
SCOPE OF THE STUDY
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A research methodology define, the purpose of research, how it proceed, how to Measure
progress and what constitute success with respect to the objective determined for carrying out
research study. The appropriate research design formulate is detailed below:
• Exploratory research : This kind of research has a primary objective of development Insights
into the problem. It studies the main areas where the problem lies and also tries to evaluate
some appropriate course of action[30-32].
DATA COLLECTION
• Secondary data has been used which is collected through article, reports, journals,
Magazines, newspapers, report presented by scholars, universities and internet[42-
45].
NATURE OF DATA
• Analyze of data has been done with the help of various statistical tools like the tables
and graphs.
• Tools used for the analysis of data is percentage analysis.
SAMPLE DESIGN
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A Sample design is a definite plan for obtaining a sample from a given population. It refers to a
technique or procedure the researcher would adopt in selecting item for the sample.
Generally sample design is of two types
•Probability Research Design
•Non Probability Research Design
SAMPLE
Selecting and surveying respondents from the population
•Simple random sample— anyone
•Stratified sample—different age group
•cluster sample—different areas ( cities)
≠ location
≠ age
≠ occupation
≠ Monthly income
≠ car user
≠ car service usages
≠ Media habit
Research used -- Exploratory research
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Family members 62
Reference group 5
Society 4
Total 100
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FINDINGS
1. Four wheeler is not very popular in younger generation.
2. Business class people for their business activity prefer cars(Maruti Suzuki).
3. Safety mode & technology is essential in four wheeler.
4. Maruti Suzuki has been launched for passed 10-12 years in the town and currently
it is at no. 1 position.
5. The accessibility of service centre is easy.
6. Majority of customers are satisfied with action of service provider.
7. High percentage of customers is satisfied with accessories given with the product.
8. It has been found that most of the customers of Maruti Suzuki have television as
their prime media habit and most of them came to know about Maruti from
television.
9. From market survey, it is observed that maximum Maruti Suzuki customers are
motivated with their actual need of four wheeler.
10. From the questionnaire, it is clear that 68% are not interested to buy the same
product.
11. The brand name, ”MARUTI” has a greater impact on the customers mind. They go
for Suzuki when they see Maruti.
12. From the questionnaire, it is observed that most of the decision making process of
customers is influenced by family members.
13. The respondents have given their opinion to make more sport cars, reduce price,
give more and better accessories.
14. A good majority of respondents prefer Maruti(48%) whereas Mahindra is least with
(7%).
15. A majority of respondents feel Maruti as , “Some what better (37%)”, while least is
,’’ some what worse (7%)’’
16. Once the parts of vehicle is damaged , it does come in original vehicle color. It comes
in black color and then painted accordingly, which cost customers extra.
17. It has been found that most of the customers buy the product on the basis of style
and look
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SUGGESTION
The marketing unit Karlo Automobiles & Pvt. Ltd. And Maruti Udyog ltd. Itself required a more
rational approach than they have got present[33-36]. Thus, the suggestion in my opinion for the
company are as follows:
1. Company should increase manpower.
2. Company should maintain its deliveries to the customer on time.
3. Firm should increase the number of cars in it’s stock.A/C to different colors and models.
4. Firm should open district wise enquiry cum display branch offices.
5. Firm should take care of employee’s satisfaction.
6. Motivation should also be provided to the sales executives and complaints after sale.
7. Company should take proper care of customer appreciation and complaints after sale.
8. The company should give addition gift schemes to customers other than general schemes.
The above schemes have been reached after studying and examining the entire concerns,
various functional departments and on the basis of interviews with company execut
CONCLUSION
In recent times, the production of passenger cars in India registered a massive growth of 118
percentage during 1990’s.the de-licensing of auto industry in 1993, however, opened the gates to
international automakers into the country with an idea to tap the large population base in India.
During the next 10 years, the production achieved an all-time high record, and managed to cross
the 500,000 mark in 1999. That was ‘stage 1 of auto India inc’, as some players in automotive
industry have called it. It was the decade of establishing operations, brands, dealers, service
network and field teams.
Year 2001 was fine tuning for new models, for expansion, signaling the beginning of ‘stage ll of
auto India inc.’ It saw a spate of new vehicle launches as well as controversies, financial
troubles, mergers and shutdowns, both in India and worldwide. The mid size car market has,
however, seen a growth rate of 42 percent, according to society of Indian automobile
manufacturers(SIAM).
Today it seems that India has finally arrived in the big league of Asian car markets. Steady and
impressive annual growth rate , presence of international automakers, relaxation of foreign
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exchange and equity regulations, reduction of tariffs on imports and few other are the
components of it’s booming auto market.
The country has now come to be recognized as a potential emerging market. The perception of
foreign investors has changed, everybody wanting to be here.
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