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Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
1
A
PROJECT REPORT
ON
“STUDY OF CUSTOMER SATISFACTION TOWARDS SERVICES
OFFERED BY MARUTI SUZUKI IN WARDHA CITY”
FOR
“MARUTI SUZUKI”
Submitted to:
UNIVERSITY OF PUNE
In Partial Fulfillment of Requirements
For the Awards of Degree of
MASTER IN BUSINESS ADMINISTRATION
(2013-2015)
Submitted by:
MANISH ASHOK BADHIYE
Under the guidance of
Dr. RAMKRISHNA DIKKATWAR
Sinhgad Institute of Management, Vadgaon (Bk); Pune
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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DECLARATION
I, the undersigned, hereby declare that the Project Report entitled “STUDY OF CUSTOMER
SATISFACTION TOWARDS SERVICES OFFERED BY MARUTI SUZUKI IN
WARDHA CITY” written and submitted by me to the University of Pune, in partial fulfillment
of the requirements for the award of degree of MASTER IN BUSINESS ADMINISTRATION
under the guidance of Dr. RAMKRISHNA DIKKATWAR is my original work and the
conclusions drawn therein are based on the material collected by myself.
Place: Pune Name
Date: Manish A. Badhiye
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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ACKNOWLEDGEMENTS
I take this opportunity as privilege to express my deep sense of gratitude to Prof. M.N. NAVALE
Honorable Founder President, Dr. Mrs. S.M. NAVALE, Secretary, The Sinhgad Technical
Education Society, Pune Dr. NILESH GOKHALE, the Director Sinhgad Institute of
Management, Dr. RUPALI JAIN, the joint director Sinhgad Institute of Management Pune for
their continuous encouragement,, invaluable guidance and help for completing the present
research work. They have been a source of inspiration to me and I am indebted to them for
initiating me in the field of research.
I am deeply indebted to Dr. RAMKRISHNA DIKKATWAR, my research guide, the Sinhgad
Institute of management, Pune without his help completion of the project was highly impossible.
I would like to render my thanks to Mr. EKNATH DAHAKE (Sale Manager of SEVA
Automotive Pvt. Ltd, Wardha) for providing necessary co-operation for completion of this
project.
I wish to express a special thanks to all teaching and non-teaching staff members, the Sinhgad
Institute of Management, Pune for their forever support. Their encouragement and valuable
guidance are gratefully acknowledged.
Place: Pune Name: Manish A. Badhiye
Date:
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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TABLE OF CONTENTS
Chapter No Illustration Page No
1 INTRODUCTION 1
1.1. Need and Importance For the Study
1.2. Objectives of the Study
1.3. Scope and Limitations of the Study
2
3
3
2 INDUSTRYPROFILE 4-8
3 COMPANYPROFILE 9-20
4 LITERATURE REVIEW 21-28
5 RESEARCHMETHODOLOGY 29-31
6 DATA ANALYSIS AND INTERPRETATION 32-45
7 FINDINGS AND SUGGESTIONS 46-47
8 CONCLUSIONS 47-49
9 BIBLIOGRAPHY 50-51
10 QUESTIONNAIRE 52-54
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Table No Table Name Page No
2.1 Car companies in India 9
4.1 Company Board of Directors 17
4.2 Maruti Product Information 19
6.1 Model of the car owned by the respondents 33
6.2 Knowledgeable Salesperson 34
6.3 Employees Spent Enough Time with you Before &
After Sales
35
6.4 Availability of the Product 36
6.5 Price of your MARUTI SUZUKI vehicle 37
6.6 Price of your MARUTI SUZUKI vehicle 38
6.7 Service At Maruti Service Station Is Excellent 39
6.8 Respondents Expectations on MARUTI SUZUKI
Vehicle
40
6.9 Feeling of the Respondents while Driving MARUTI
SUZUKI
41
6.10 Information About Service Offered by MARUTI
SUZUKI
42
6.11 Respondents View on Mileage of MARUTI SUZUKI
Vehicle
43
6.12 Feedback on Dealership (SEVA) Facility 44
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Chart No Chart Name Page No
2.1 Car companies in India 9
4.1 Company Board of Directors 17
4.2 Maruti Product Information 19
6.1 Model of the car owned by the respondents 33
6.2 Knowledgeable Salesperson 34
6.3 Employees Spent Enough Time with you Before &
After Sales
35
6.4 Availability of the Product 36
6.5 Price of your MARUTI SUZUKI vehicle 37
6.6 Price of your MARUTI SUZUKI vehicle 38
6.7 Service At Maruti Service Station Is Excellent 39
6.8 Respondents Expectations on MARUTI SUZUKI
Vehicle
40
6.9 Feeling of the Respondents while Driving MARUTI
SUZUKI
41
6.10 Information About Service Offered by MARUTI
SUZUKI
42
6.11 Respondents View on Mileage of MARUTI SUZUKI
Vehicle
43
6.12 Feedback on Dealership (SEVA) Facility 44
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Chapter 1
INTRODUCTION
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INTRODUCTION
Measuring customer satisfaction is a relatively new concept to many companies that have been
focused exclusively on income statements and balance sheets. Companies now recognize that the
new global economy has changed things forever. Increased competition, crowded markets with
little product differentiation and years of continual sales growth followed by two decades of
flattened sales curves have indicated to today's sharp competitors that their focus must change.
As markets shrink, companies are scrambling to boost customer satisfaction and keep their
current customers rather than devoting additional resources to chase potential new customers.
The claim that it costs five to eight times as much to get new customers than to hold on to old
ones is key to understanding the drive toward bench marking and tracking customer satisfaction.
Competitors that are prospering in the new global economy recognize that measuring customer
satisfaction is the key. Only by doing so can they hold on to the customers they have and
understand how to better attract new customers. The competitors who will be successful
recognize that customer satisfaction is a critical strategic weapon that can bring increased market
share and increased profits. The problem companies face, however, is exactly how to do all of
this and do it well. They need to understand how to quantify, measure, and track customer
satisfaction. Without a clear and accurate sense of what needs to be measured and how to collect,
analyze, and use the data as a strategic weapon to drive the business, no firm can be effective in
this new business climate. Plans constructed using customer satisfaction research results can be
designed to target customers and processes that are most able to extend profits. Too many
companies rely on outdated and unreliable measures of customer satisfaction. They watch sales
volume. They listen to sales reps describing their customers' states of mind. They track and count
the frequency of complaints. And they watch aging accounts receivable reports, recognizing that
unhappy customers pay as late as possible if at all. While these approaches are not completely
without value, they are no substitute for a valid, well-designed customer satisfaction survey
program.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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1.1. Need and Importance for the Study
In the modern times the business organizations are adopting new techniques and methods for the
growth of the business. The organizations are giving better services to their customers to face
challenge posed by the competitors for every business, it is not only important to retain the
present customers but also attract the new customers. So there is need to ascertain the customers
use regarding the services providing by reputed organization like Maruti Suzuki. With the
increase market study there is a cut through competition among the businessmen in the industry
some of the other major competitors in this area like Hyundai, Fiat, Volkswagen, Ford, Tata, and
Chevrolet. The need for customer satisfaction is necessary for all business, large or small. The
satisfaction of the customer is an all important task. Hence there is a need for the study.
1.2. Objectives of the Study
 To study the customer satisfaction with the usage of vehicles of MARUTI SUZUKI
 To study the impact of different factors of marketing on customer satisfaction.
 To know the customers are satisfied with price and service network.
 To know the whether Maruti performance matching with the customer expectations.
 To know whether the dealer renders after sales service, and if he, how far the consumers
are satisfied with services rendered by dealer.
1.3. Scope and Limitations of the Study
As the time constraint was there to complete this and as there was also finance restriction to
spend on the data collection activities. So for data collection, I have limited myself to customers
who brought their vehicles in specified period only.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Chapter 2
INDUSTRY PROFILE
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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The automotive industry in India is one of the largest automotive markets in the world. It had
previously been one of the fastest growing markets globally. India’s passenger car and
commercial vehicle manufacturing industry is the sixth largest in the world, with an annual
production of more than 3.9 million units in 2011. According to recent reports, India overtook
Brazil to become the sixth largest passenger vehicle producer in the world (beating such old and
new auto makers as Belgium, United Kingdom, Italy, Canada, Mexico, Russia, Spain, France,
Brazil).Throughout the course of 2011 and 2012, the industry grew 16-18%, selling around three
million units. In 2009, India emerged as Asia's fourth largest exporter of passenger cars, behind
Japan, South Korea, and Thailand. In 2010, India beat Thailand to become Asia's third largest
exporter of passenger cars.
As of 2010, India is home to 40 million passenger vehicles. More than 3.7 million automotive
vehicles were produced in India in 2010 (an increase of 33.9%), making the country the second
(after China) fastest growing automobile market in the world in that year. According to the
Society of Indian Automobile Manufacturers, annual vehicle sales are projected to increase to 4
million by 2015, no longer 5 million as previously projected.
Automobile Dealers Network in India
In terms of Car dealer networks and authorized service stations, Maruti leads the pack with
Dealer networks and workshops across the country. The other leading automobile manufacturers
are also trying to cope up and are opening their service stations and dealer workshops in all the
metros and major cities of the country. Dealers offer varying kind of discount of finances who in
tern pass it on to the customers in the form of reduced interest rates.
Government has liberalized the norms for foreign investment and import of technology and that
appears to have benefited the automobile sector. The production of total vehicles increased from
4.2 million in 1998-99 to 7.3 million in 2003-04. It is likely that the production of such vehicles
will exceed 10 million in the next couple of years.
The industry has adopted the global standards and this was manifested in the increasing exports
of the sector. After a temporary slump during 1998-99 and 1999-00, such exports registered
robust growth rates of well over 50 per cent in 2002-03 and 2003-04 each to exceed two and- a-
half times the export figure for 2001-02.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Industry Growth
Opposing the belief that the growth in automobile industry has catered only to the top income-
stratum of society, Growth of exports of 32.8 % in the first three quarters of 2004-05, the fastest
growth in volumes has come from commercial vehicles as against passenger cars.
Between 1998-99 and 2003-04, output of commercial vehicles has grown 2.8 times compared to
the 2.2 times increase in passenger cars. Furthermore, two-wheeler output continues to dominate
the volume statistics of the sector. In 2003-04, for every passenger car turned out by the sector,
there were 7 two-wheelers produced. In the two wheeler segment, there is a greater preference
for motorcycles followed by scooters, with both production and domestic sales of motorcycles
increasing at faster rates than for scooters in the current and previous years. However, mopeds
have registered low or negative growth. Export growth rates have been high both for motorcycles
and scooters.
India car Industry
The recent move to globalize our economy has opened new vistas for car manufacturers in the
country. The immediate post independence years saw very little development in automobile
industry. A poor country like ours did not have a resource to invest in personal transportation.
The Indian customers had to wait till the mod 1980’s, a full 40 years after independence to see a
car that the people wanted. December 1983 heralded a revolution in the Indian car industry.
Maruti collaborated with Suzuki of Japan to produce the first affordable car for the average
Indian.The maruti800 was the first version of Maruti to hit the Indian roads in December-1983.
Since then it has been on a constant rise.
At this time, the Indian car market had stagnated at the volume of 30000 to 40000 cars for the
decade ending 1983. This was from Maruti taken over.
The sales figure for the year 1993 reached up to 196820. The company reached a total
production of one million vehicles in March 1994 becoming the first Indian company to cross
this milestone. It crossed the two million mark in 1997.
Fifteen years later, the Indian industry is on the verge of the extreme. It has around 45 models of
the cars. Today there are about 20 manufacturers in India.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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This was not to last, and today India manufactures low-priced cars for markets across the globe.
As of 18 March 2013 global brands such as Proton Holdings, PSA Group, Kia, Mazda, Chrysler,
Dodge and Geely Holding Group are shelving plans for India due to the global economic crisis.
Industry Structure
The Indian car market has been divided in to small cars, mid size cars, luxury cars and multi
utility vehicles.
Small cars:
It is the most preferable small car segment in Indian economy. Under this segment we have
Maruti 800, Maruti Wagon R, Maruti swift, Tata Indica, Hyundai Santro, Fiat Palio, and Maruti
Alto, Maruti Zen Estilo, Tata Nano, i10, spark, Astar etc. These are the best suitable for Indian
middle class people. These cars also suit Indian roads and traffic conditions. The concept of
small cars has emerged from Japan. Small cars are fuel efficient with latest sleek look and
advanced technology.
Mid size cars:
The mid size cars are to supper middle class people of society.
Business executives mainly use these cars.Under this we have Maruti SX4, Swift Dzire, Ford
Fusion, Ford Fiesta, Opel Astra, Tata Indigo, Tata Marina, Honda City, Chevrolet Aveo,
Hyundai Accent etc., and Hyundai Verna etc.
Luxury Cars:
The elite members of the society use these luxury cars. The luxury cars symbol of success of a
man. Under this we have Maruti Grand Vitara, Ford Mondeo, Skoda Octavia, Skoda Laura,
Hyundai Sonata, Hyundai Elantra, Toyota Corolla, Toyota Cramy, Mitsubishi Lancer, Mitsubishi
Cedia, Honda Civic, Honda CRV, Honda Accord, Chevrolet optra, Mercedes-Benz (S-class,E-
class), etc,
Multi Utility Vehicle:
MUV’S are used for transportation purpose. As MUVs are very rugged and powerful vehicles
they are used in hilly regions. Today there are a lot of players in the carsegment. This has
increased competition amongst the manufacturers. Under this we have Tata Sumo, Tata Sierra,
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Tata safari, Maruti Gypsy, BajajTempo, Ford Endeavour, Toyota Quails, Toyota In nova,
Mahindra Voyager, MahindraScorpio, Mahindra Bolero etc.,
Now-a-days dealers and manufacturers are providing many attractive financial facilities for the
consumers. This indicates that the manufactures will have huge demand in coming decades.
Car Segments:
With the expansion of Indian Automotive Market over a period of time the car models have been
grouped in to the following segments.
Basedon the price and size:
A Segment (Till 3 lacks) : Maruti800, Omni.
B Segment (3 to 4.5 lacks) : Zen, Wagon R, Alto, Santro, Matiz, Palio and Indica.
C 1 Segment (4.5 to 6.5 lacks) : Esteem, Accent, Siena, Indigo, Ikon, Corsa, Swift.
C 2 Segment (6.5 to 10 lacks) : Baleno, Astra, City and Lancer
D Segment (10 lacks & above) : Octivia, Sonata, Mondeo, Accord, Carmy, Vectra, Corolla,
Mercedes
Basedon Length as per SIAM (Society of Automotive Manufacturers):
A 1 (Mini-Up to 3400mm) : Maruti800
A 2 (Compact-3401 to 4000mm) : Zen, Wagon R, Alto, Santro, Matiz, Palio, and Indica.
A3 (Mid-Size-4001 to 4500mm) : Esteem, Swift, Accent, Siena, Indigo, Ambassador
A 4 (Excutive-4501 to 4700mm) : Octivia, Contessa, Mercedes C-Class
A 5 (Premium-4701 to 5000mm) : Sonata, Mondeo, Accord, Carmy, Vectra.
A 6 (Luxury-5001 and above) : Mercedes S-class,
C (Van Type) : Omni, Versa.
B2 (Passenger Carrier) : Gypsy, Sumo, safari, Qualis, Armada, and Voyager.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Indian Car Market Trend
The Indian market was fuelled by entry of Maruti800 and A 1 Segment car was the largest
selling segment in market for many years and is still the single largest selling model. With the
entry of Zen in Indian market MUL offered the upgrade option to A 1 segment owners as well as
new buyers. The present trend of market shows the tremendous growth in A 2 segment the
volumes of which has already crossed the A 1 segment in nos. and presently constitutes approx
50% of total car market. It appears that A 2 segment will continue to be the largest selling for
many more years.
Maruti has 3 models with 13 variants in the growing A 2 segment and is continuously
consolidating its position in the segment.
With the continuously evolving market the A 3 segment is expanding at slow and consistent rate.
MUL has 2 models in the segment with 7 variants to suit customer requirements. The largest
expansion is happening in A4 segment through importing completely built up cars. However the
volumes sold are very small and are limited to bigger cities.
Some of the Car companies in India:
Maruti Suzuki Fiat General motors Ford
Hindustan motors Honda Bajaj tempo Volkswagen
Hyundai Skoda Toyota Mahindra
Nissan Tata Motors BMW Mercedes
Land Rover Audi Force Motors Mitsubishi
Table 2.1. Car companies in India
Top three manufacturers:
Maruti Suzuki
Hyundai
Tata motors
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Chapter 3
COMPANY PROFILE
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Maruti Suzuki is India’s number one leading automobile manufacturer and the market leader in
the car segment both in terms of volume of vehicle and revenue earned. Until recently 18.28% of
the company was owned by the Indian government and 54.2% by the Suzuki of Japan. The
Indian Govt. held an initial public offering of 25% of the company in June 2003. As of 10 May
2007 government of India sold its complete share to Indian financial Institution. With this govt.
Of India has no longer stake in Maruti Udyog.
Maruti Udyog Limited (MUL) was established in February 1981, though the actual production
was started in 1983 with the Maruti 800 based on the Suzuki Alto Kei Car which at that time was
the only modern car available in India. Its only competitor was Hindustan Motor’s Ambassador
and the Premier Padmini were both around 25 years out of date at that point. Through 2004 ,
Maruti Suzuki had produced over 5 Million vehicles. Maruti Suzuki are sold in India and various
several other countries depending upon export orders. Models similar to Maruti Suzuki ( but not
manufactured by Maruti udyog) are sold by Suzuki Motors corporation and manufactured in
Pakistan and other south Asian countries.
The company in 2013-14 exports more than 50,000 cars and has an extremely large domestic
market in India selling over 3,36,463 cars anually. Maruti 800 till 2004 was the India’s largest
selling compact car ever since it was launched in 1983. More than a Million unit of this car have
been sold worldwide so far. Currently Maruti Suzuki Alto tops the sales chart and Maruti Suzuki
Swift is the largest selling car in A2 segment. Due to large number of Maruti 800’s sold in the
Indian market the term “Maruti” is commonly used to refer to this compact car model. Till
recently the term “Maruti” in popular Indian culture in India, Hindu’s lord Hanuman is known as
“Maruti” was associated with Maruti 800 model.
Manufacturing Facilities
Its manufacturing facilities are located at two facilities, “Gurgoan” and “Manesar” south of
Delhi. Maruti Suzuki’s Gurgoan facility has an installed capacity of 3,50,000 units per annum.
The Manesar facility launched in February 2007 comprises a vehicle assembly plant with a
capacity of 1,00,000 units per year and a Diesel Engine plant with an annual capacity of 1,00,000
engines and transimission. Manesar and Gurgoan facility have a combined capacity to produce
over 7,00,000 units annually.More than a half of the cars sold in India are Maruti Suzuki cars.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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The company is a subsidiary of Suzuki Motors Corporation of Japan which owns 54.2 percent of
Maruti Suzuki. The rest is owned by the Public and Finance Institution. It was listed on the
Bombay ( now Mumbai) stock exchange in India.
During 2013-14 Maruti Suzuki sold 11,55,041 cars of which 53,024 are exported in all. Over Six
Million Maruti Suzuki cars on Indian roads since the first car was rolled out on 14 December
1983.With a capacity of 1,00,000 units per year and a Diesel Engine plant with an annual
capacity of 1,00,000 engines and transmission. Manesar and Gurgoan facility have a combined
capacity to produce over 7,00,000 units annually. More than a half of the cars sold in India are
Maruti Suzuki cars.
Products Offered
Maruti Suzuki offers 17 models and they are, Alto 800, Alto K10, Wagon R, Zen Estilo, A Star,
Ritz, Swift, Swift Dzire, SX4, Omni, Eeco, Gypsy and Grand Vitara ,Celerio,Ertiga,Stingray
.Out of these models Grand Vitara is imported from Japan a completely built unit (CBU). Swift,
Swift Dzire , A Star and SX4 are manufactured in Manesar and the remaining models such as
ALTO 800, Alto, Wagon R, Zen Estilo, Ritz, Omni , Eeco etc are manufactured at Gurgoan
Plant.
History of Maruti Suzuki
In 1970 , Sanjay Gandhi the son of Indira Gandhi envisioned the manufacture of an indigenous ,
cost effective, low maintenance compact car for the Indian middle class . Indira Gandhi’s cabinet
passed a unanimous resolution for the development and production of a people’s car. Sanjay
Gandhi’s company was christened Maruti limited. The name of the car was chosen after a Hindu
deity named Maruti Ltd. That time Hindustan Motors’ Ambassador was the chief car and the
company had come out with a new entrant the premier Padmini that worked slowly
gaining a part of the market share dominated by the ambassador. For the next ten years the
Indian car market had stagnated at a volume of 30,000 to 40,000 cars for the decade ending
1983. Sanjay Gandhi was awarded the exclusive contract and license to design, develop and
manufacture the “People’s Car.” These exclusive rights of production generated some criticism
in certain quarters, which was directly targeted at Indira Gandhi. Over the next few years the
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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company was sidelined to Bangladesh liberation war and emergency. In the early days under the
powerful patronage of Sanjay Gandhi the company was provided with free land, tax breaks and
funds. Till the end of 1970 the company had not started the production and a prototype test
model was welcomed with criticism and skepticism. The company went into liquidation IN
1977. The media perceived it to be another area of growing corruption. Unfortunately Maruti’s
started to fly only after the death of Sanjay Gandhi, when Suzuki motors joined the government
of India as a joint venture partnered with 50% share. After his death Indira Gandhi decided that
the project should not be allowed to die. Maruti’s entered into this collaboration with Suzuki
motors. The collaboration heralded a revolution in the Indian car industry by producing the
maruti- 800. It created a record of taking 13 months time to go from design to rolling out cars
from a production line. The production of Maruti-800 in 1983 marked the beginning of a
revolution in the Indian automobile industry. It brought in the latest technology of that time more
fuel efficiency and lower prices that led to the creation of a huge market for all car segments as
the Indian, middle class grew in size. This in turn brought in more players in this segment. A
number of auxiliary car parts making units were set up as more car manufacturers realized it was
more cost effective to make their car parts in India rather than importing them. Maruti’s major
influence was in helping the component industry in the country because of its emphasis on
localization and indigenization. As in the beginning that sector hadn’t grown much Maruti’s had
to start dozens of joint ventures with Indian entrepreneurs. It got them from foreign
collaborations that led to collaborations for other manufacturers so that over a period of time the
whole component industry was able to upgrade itself and improve its quality who had given their
income leading to major existing export potential vehicle components. It also brought in better
methods of financing that allowed more people who given their income levels could not afford to
buy a car on their own, to buy cars. It still remains the leader not only in the terms of market
share but also in customer satisfaction surveys. It has consistently topped J.D. power quality
surveys, including 2005. By the year 1993 the company had sold 1, 96,820 cars. By March 1994
it produced 1 million vehicles becoming the first Indian company to cross the 2 million mark in
October, 1997 and rolled out 4 millionth vehicles as Alto-LX .Then it introduced Wagon-R
followed by Swift . Swift has been a great success in the market .In 2007 Maruti came up with
SX4 and Grand Vitara..
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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1.3.2 Vision, Mission and Core values of Maruti Suzuki
Vision:-
Vision of any company is those values on which company works. As the Maruti Udyog Limited
(MUL) is started by governmental initiatives it tends to be more consumer oriented and hence
cost- effective, but on the other hand Suzuki’s participation ensures not only need of profit, but
the need of maximum profit. The only way of Nora’s dilemma of selecting principles for the
company’s working vision was to maximize profit and sales and hence Maruti Udyog Limited
(MUL) declared its vision as:-
“The leader in the Indian Automobile Industry, creating Customer Delight one and shareholder’s
wealth two eventually become pride of India. Customer Delight One is making sure that
performance, after sale service and customer are best and beyond expectations, shareholder’s
wealth to is the prime concern for running business smoothly. Maruti Suzuki knows this and
understand “Customer Is KING” he can change the future of any company hence goes company
brand line : COUNT ON US !
Mission :
Mission is the statement of any organisation’s purpose , what is want to accomplish in the larger
environment and its goal which are specific , realistic, and motivating. Missions are described
over Visions and Visions demand certain objectives. The main Objectives / Mission of Maruti
Udyog Limited are:-
1. Modernisation of Indian Automobile Industry.
2. Developing cars faster and selling for less.
3. Production of fuel- efficient vehicles to conserve scarce resources.
4. Production of large number of motor vehicles which are necessary for the Economic Growth.
5. Market penetration, Market developments, similar product development and diversification.
6. Parter relation management, value chain, value delivery networks.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Core Values :
 Customer Obsession
 Fast, Flexible and First Mover
 Innovation and Creativity
 Networking and Partnership
 Openness and Learning
Maruti Offered Services :
Express High Way Service:
Introduced with service stations at convenient locations on National Highways.
Maruti on – Road Service:
24 hour break down service in 41 cities (9622962200)
Maruti Genuine Parts:
Genuine Parts available across the length and breadth of the country.
Info Call Centers:
24 hour information call centers in 6 cities Delhi, Gurgaon, Mumbai, Chennai,
Bangalore, Hyderabad.(1600111515)
The motive is to offer quality & professional service in the areas of car
customer requirements.
Maruti True Value:
Total peace of mind is selling/Buying old Cars. Basically achieving two
objectives viz.Exchange of Car and sale of used car.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Maruti Finance:
Increasing afford ability of purchases for the customer. To improve purchase
experience of the customer. Increased ownership of dealer over the customer buying
process.
Maruti Insurance:
Near cashless transaction
Quality repair by trained manpower
No loading insurance premium for claims
Maruti N 2 N:
End-to-End fleet management services designed for companies to free them of all the
hassles of manufacturing company cars.
Customized car policies
Accident Repairs
Maintenance – Servicing – Registration – Insurance
Emergency Assistance
Maruti Genuine Accessories:
Ease of Availability
Assured quality standards
Most reasonable priced
No alterations required to fitting MGAs
Extended Warranty:
Total peace of mind
Maruti assurance
Assured reliability of use of vehicle up to 4 years
No need to pay towards cost of parts as well as labor.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
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Company Board of Directors:
Maruti Suzuki is a board managed company. Currently the directors on the Board are:
Position Personnel
Managing Director (M.D) and Chief Executive
Officer (C.E.O)
Mr. Kenichi Ayukawa
Chairman Mr. R.C. Bhargava
Directors Mr. Maninder Singh Banga
Mr. Amal Ganguli
Mr. D.S. Brar
Mr. Keiichi Asai
Mr. Osamu Suzuki
Mr. Shuji Oishi
Ms. Pallavi Shroff
Mr. Kenichi Ayukawa
Table 4.1.Company Board of Directors

MARUTI ACHIEVEMENTS IN PERSPECTIVE YEAR 2013-14:
 Total no of vehicles sold 1,155,041 in year 2013-14.
 1st J.D. Power customer satisfaction and sale satisfaction index study.
 4/5 top selling models in country are from MARUTI SUZUKI.
 16% growth in rural sales in 2013-14.
 3,36,463 vehicles sold in 93,500 villages in 2013-14.
 1000+ Maruti mobile support (MMS) operating and providing door step service.
 283,000 numbers of new cars sold through exchange.
 4.49+ lack people trained in safe driving in this year.

Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
24
India’s Largest Sales & Service Network
No matter where you are never far from a Maruti Service Station. 1526 Authorized Service
Stations Most dealers awarded ISO certification rest in the process getting it. 356 Dealer
workshops State of the art equipment and facilities 922 cities covered Sales, services and
support network cover the length and breadth of the country 258 Sales Outlets in 169 cities
Standardized service and specially trained service engineers Over the 2000 trained service
personnel Quality of service in keeping with the needs of the customer Easy availability of
affordable, Maruti Genuine Parts 26 Spare Parts Stockiest 11 MGP Shoppes (Boutiques)
Product Range
17 Models with 45 variants to satisfy all customer need. At least 2 models available in A1, A2
and A3 segments. Models available to meet varied requirements of the customer’s lifestyle.
Models & Variants available to suit various customers’ needs. Range of vehicles to support
physically challenged persons.
Suzuki Motor Corporation
Suzuki Motor Corporation was established around 75 years ago. Suzuki Motor Corporation is
a pioneer and market leader in small car manufacturing segment in Japan. Further, Suzuki
Motor Corporation is also a market heavy weight in motorcycle manufacturing sector. The
company ranks 3rd overall after Honda motors and Yamaha motors. The company rose to
pinnacle of success by providing designs, value-packed services and quality products to the
customers world over. Its mini car section rolled out innovative yet economical passenger car
for the masses. The company operates in more than 190 countries across the world.
Furthermore, the company is aggressively into motor sports. Suzuki Motor Corporation has
forged joint ventures with a number of international players, to make cars. Its prominent
international partners are General Motors and Maruti Udyog Limited, India.
Suzuki Motor Corporation Indian partner - Maruti Udyog is India's leading maker of cars in
India and shares more than 50% of car market in India. The company, in technological
partnership with Suzuki Motors Corporation, manufactures models such as the Zen, Alto, and
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
25
Gypsy. Maruti acts as a manufacturing hub for the international market. The model Alto is
exported to many European countries. Maruti has four manufacturing units near New Delhi,
India. Maruti produces around 350,000 cars annually. Further, to maintain the huge demand of
Maruti cars in India, it has come up with a new manufacturing unit near Delhi, which will be
made operational soon. Suzuki Motor Corporation Indian partner.
Maruti Product Information
Model Launched Category Price (₹)
OMNI 1984 Mini van 2,17,810 - 2,75,150
GYPSY 1985 SUV 5,42,187 - 5,93,195
WAGONR 1999 Hatchback 3,52,103 - 4,37,738
SWIFT 2005 Hatchback 4,42,308 - 6,70,874
ZEN ESTILO 2006 Hatchback 3,37,832 - 4,24,925
SX4 2007 Sedan 7,15,138 - 9,53,823
GRAND VITARA 2007 Mini SUV 22,68,064 - 24,60,529
A STAR 2008 Hatchback 3,71,840 - 4,57,657
SWIFT DZIRE 2008 Sedan 4,85,162 - 7,32,284
RITZ 2009 Hatchback 4,23,124 - 6,15,654
EECO 2010 Mini van 2,98,484 - 3,99,882
ALTO K10 2010 Hatchback 3,15,329 - 3,28,089
KIZASHI 2011 Sedan 16,52,875 - 17,52,875
ERTIGA 2012 Mini MPV 5,80,228 - 8,49,416
ALTO 800 2012 Hatchback 2,37,548 - 3,49,379
STINGRAY 2013 Hatchback 4,00,669 - 4,55,662
CELERIO 2013 Hatchback 3,76,385 - 4,78,870
Table.4.2.Maruti Product Information 
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
26

Chapter 4
LITERATURE REVIEW
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LITERATURE REVIEW
Satisfaction:
Satisfaction is a person’s feelings of pleasure or disappointment resulting from comparing a
product’s perceived performance in relation to his or her expectations. As this definition makes
clear, satisfaction is a function of perceived performance and expectations. If the performance
falls short of expectations, the customer is dissatisfied. If the performance matches the
expectations, the customer is satisfied. If the performance exceeds expectations, the customer is
highly satisfied or delighted. Many companies are aiming for high satisfaction, because
customers who are just satisfied still find it easy to switch when less good offer comes along.
Those who are highly satisfied are much less ready to switch. High satisfaction or delight creates
an emotional affinity with brand, not just a rational preference. The result is high customer
loyalty. Some of today’s most successful companies are raising expectations and delivering
performances to match. These companies are aiming for TCS-Total Customer Satisfaction.
Consumers from their expectations on the basis of messages received from sellers, friends and
other information sources.
Customer Satisfaction:
Customer Satisfaction may be defined as a qualitative measure where in a customer experiences
various degrees of satisfaction until the performance of the product matches his expectations.
Customer’s satisfaction with a product depends on the product’s performance relative to the
buyer’s expectations. If the performance of the product falls short of his expectations the
customer is dissatisfied. If the performance of the product matches his expectations the customer
is satisfied. If the performance of the product exceeds his expectations the customer is highly
satisfied. Customer Satisfaction can be achieved through quality, value and service.
For a customer-centered company customer satisfaction is both a goal as well as a major factor in
the company’s success. Companies that achieve high customer satisfaction ratings must make
sure that their target customers come to know of it. The companies must realize that highly
satisfied customers produce several benefits to the company.
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They are fewer prices – sensitive and they remain customers for the longer period. They also talk
favorably to the others about the company and its product and services.
Although customer-centered firms seek to deliver a high level of customer satisfaction than their
competitors, they do not attempt to maximize the customer satisfaction. A company can always
increase customer satisfaction by lowering the price and increasing its services. But this may
result in lower profits. The company may be able to increase profitability along with customer
satisfaction by improving its manufacturing or investing on the R & D. Satisfaction is the
customer’s fulfillment response. It is a judgment that a product or service feature, or the product
or service itself, provides a pleasurable level of consumption-related fulfillment.
In less technical terms, we translate this definition to mean that satisfaction is the customer’s
evaluation of product or service in terms of whether that product or service has met their needs
and expectations. Failure to meet needs and expectations is assumed to result in dissatisfaction
with the product or service. In addition to a sense of fulfillment in the knowledge that one’s
needs have been met, satisfaction can also be related to other types of feelings, depending on the
particular context or type of service. For example, satisfaction can be viewed as contentment –
more of a passive response that consumers may associate with services they don’t think a lot
about or services that they receive routinely over time. Satisfaction may also be associated with
feelings of pleasure or services that make the consumer feel good or associated with a sense of
happiness. For those services that really surprise the consumer in a positive way, satisfaction
may mean delight. And in some situations, where the removal of a negative leads to satisfaction,
the consumer may associate a sense of relief with satisfaction.
It is also important to recognize that although were tend to measure customer satisfaction at a
particular point in time as if it were static. Satisfaction is dynamic, moving target that may
evolve overtime. Influenced by a variety of factors. Particularly when product usage or the
service experience takes place over time, satisfaction may be highly variable depending on which
point in the usage or experience cycle one is focusing on. Similarly, in the case of very new
services or a service not previously experienced, customer expectations may be barely forming at
the point of initial purchase; these expectations will solidify as the process unfolds and consumer
begins to form his or her perception. Through the service cycle the consumer may have a variety
of different experiences some good, some not good-and each will ultimately impact satisfaction.
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What determines Customer Satisfaction?
Customer Satisfaction is influenced by specific product or service features and by perceptions of
quality as suggested. Satisfaction is also influenced by customer’s emotional responses, their
attributions, and their perceptions of equity.
Product and service features
Customer Satisfaction with a product or service is influenced by significantly by the customer’s
evaluation of product or service features. Research has shown that customers of services will
make trade-offs among different service features (for example, price level versus quality versus
friendliness of personnel versus level of customization), depending on the type of service being
evaluated and criticality of service.
Customer Emotion
Customer’s emotions can also affect their perceptions of satisfaction with products and services.
These emotions can be stable, preexisting emotions.
Attributions for Service success or failure
Attributions- the perceived causes of events – influence perceptions of satisfaction as well. When
they have surprised by an outcome, consumer tend to look for the reasons, and their assessments
of the reasons can influence their satisfaction.
National Customer Satisfaction Indexes
Because of the importance of customer satisfaction to firms and overall quality of life many
countries have a national index that measures and tracks customer satisfaction at a macro level.
Many public policy makers believe that these measures could and should be used as tools for
evaluating the health of the nation’s economy, along with traditional measures of productivity
and price. Customer Satisfaction indexes begin to get at the quality of economic output, whereas
more traditional economic indicators tend to focus only on quantity.
Customer Expectations of Service
Customer Expectations are beliefs about service delivery that functions as standards or reference
points against which performance is judged. Because customers compare their perceptions of
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performance with these reference points when evaluating service quality, through knowledge
about customer expectations is critical to services marketers. Knowing what the customer
expects is the first and possibly most critical step in delivering quality service. Being wrong
about what customers want can mean expending money, time, and other resources on things that
do not count to the customer. Being wrong can even mean not surviving in a fiercely competitive
market.
Customer Perceptions
How customers perceive services, how they assess whether they have experienced quality
service, and whether they are satisfied. Customers perceive services in terms of the quality of the
service and how satisfied they are overall with their experiences. These customer – oriented
terms – quality and satisfaction have been the focus of attention for executives and researchers a
like over the last decade or more. Companies today recognize that they can compete more
effectively by distinguishing themselves with respect to service quality and improved customer
satisfaction.
Satisfaction versus Service quality
Practitioners and writers in the popular press tend to use the terms satisfaction and quality
interchangeably, but researches have attempted to be more precise about the meanings and
measurements of the two concepts, resulting in considerable debate. Consensus is growing that
the two concepts are fundamentally different in terms of their underlying causes and outcomes.
Although the certain things in common, satisfaction is generally viewed as a broader concept,
whereas service quality assessment focuses specifically on dimensions of service. Based on this
view, perceived service quality is a component of customer satisfaction.
Methods of measuring Customer Satisfaction
A company’s tools for tracking and measuring Customer Satisfaction range from Primitive to the
sophisticated methods. Companies use following methods to measure how much Customer
Satisfaction they are creating.
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Complaint & Suggestion Systems:
A customer centered organization would make it easy for its customers who deliver suggestion
and complaints. Many restaurants and hotels provides from guests to report their likes and
dislikes. Some companies establish customer hot line with toll-free numbers to maximize the
ease with which customers can inquire, make suggestions or complaints. This inform action
flows provide this companies with many good ideas and enable then to act more rapidly to
resolve problems.
Customer Satisfaction Survey:
A company may not conclude that it can get a full picture of customer satisfaction and
dissatisfaction by simply running a compliant and suggestion system. Companies cannot use
complaint level as a measure of customer satisfaction. Responsive companies obtain a direct
measure of the customer satisfaction by conducting surveys. They send questionnaires or make
phone call to random sample of their recent customer to find out how they feel about various
aspects of the company’s performance. They will solicit buyer’s view on the competitors.
Customer Satisfaction can be measured in a number of ways. It can be measured directly by
asking indicate how satisfied you are with service X on the following scale.
Highly Dissatisfied
Dissatisfied
Indifferent
Satisfied
Highly Satisfied
Respondents can be asked as well to rate how much they expected of a certain attribute and also
how much they expected it. (Derived Satisfied) Another method is to ask respondents to list any
problems they have had with the offer and to list any improvements they could suggest. (Problem
Analysis).Finally, companies could ask respondents to rate various elements of the offer in terms
of the importance of each element and how well the organization performed each element.
(Importance, Performance rating). The last method helps the company to know if it is under –
performing on important elements and over – performing on relatively unimportant elements.
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While collecting customer satisfaction data it would be useful asking additional questions to
measure the customer’s repurchase intention. This will normally be high if the customer
satisfaction is high. It would be useful to measure the likelihood or willingness to recommend the
company and brand to other persons. A high positive word or mouth score indicates that the
company is producing high customer satisfaction
Satisfaction:
Satisfaction is a function of perceived performance and expectation. If the performance matches
the expectations the customer is satisfied. If the performance exceeds the expectations the
customer is highly satisfied and delighted. If the performance does not match the expectations
the customer is dissatisfied. Satisfaction is a person’s feelings of pleasure or disappointment
resulting from comparing a products perceived performance (out-come) in relation to his/her
expectation. The link between customer satisfaction and customer loyalty is proportional. The
key to generating high customer loyalty is to deliver high customer value. A company’s value
proposition is much more than it’s positioning on a single attribute. Most of the successful
companies are raising expectations and delivering performances to match. These companies are
aiming for TCS – Total Customer Satisfaction. Customer satisfaction is both a goal and a
marketing tool. Companies that achieve high customer satisfaction ratings make sure that their
target market is known.
Customer Satisfaction may be defined as a qualitative measure where in a customer
experiences various degrees of satisfaction until the performance of the product matches his
expectations. Product & service features along with emotions of customer play a vital role on
level of satisfaction. American Customer Satisfaction Index (ACSI), developed by researcher at
the National Quality Research Center at the University of Michigan, is a measure of quality of
goods and services as experienced by consumers.
The study is to find out the level of Customer Satisfaction on sales towards the Maruti
vehicle. And to find out the Satisfaction on the performance of Varun motors.
To find out this, I have done the survey.
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33
Customer Survey:
Finding out the customer satisfaction on sales towards Maruti vehicle with reference to Maruti
Suzuki Ltd. Finding out the customer satisfaction on dealership performance towards
SEVA AUTOMOTIVE PVT LTD. For this survey, I have prepared a questionnaire; through
this I collected data from customers. Sample Size of survey is 100 consumers. By analyzing
these questionnaires, I found out the level of customer sales satisfaction on Maruti. In this report,
I explained the analysis of questionnaire through graphs and tables.
Methodology used in collection of data is;
1. Survey Research method
2. Primary source of Data
· Questionnaires
· Direct Interviewing
3. Secondary Source of Data
· Text books
· Internet
· Newspapers
· Magazines
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Chapter 5
RESEARCH
METHODOLOGY
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METHODOLOGY
Data collection is most essential aspect of any research because the whole result of research
depends on the data and information hence, the methodology adopted by me to collect the data
final interpretation were through.
1. Survey Research:
This kind of research finds favor with almost all the social science researches. It is one of the
most popular methods of investigation, because a study of the attributes and variables in relation
to the population (The entire group of people, inhabitants, items etc…under study) is easier and
is more accurate. Its suffers from a negligible magnitude of error. Now-a-days sample survey has
become an effective method for research. This is possible with the help of personal interviews
which are backed by questionnaires, direct oral observations. Indirect oral observations and etc…
2. Primary source of Data:
Meaning: Primary sources of data are the data which needs the personal efforts to collect it and
which are not readily available. Primary sources of data are the other type of sources through
which the data was collected.
Following are few ways in which the data was collected:
a) Questionnaires: Its set of questions on a sheet of paper was being given to the respondents of
fill it, based on which the data was interpreted.
b) Direct Interviewing: Direct interviewing involved the process where I asked the questions
directly to the customers and got the feedback.
3. Secondary Source of Data:
Secondary sources are the other important sources through which the data were collected. These
are the readily available sources of the data where one had need not put much effort to collect,
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
36
because it is already been collected and part in an elderly manner by some researchers, experts
and socialites.
The secondary sources helpful for study were:
Text books like Marketing Management, Research Methodology, Advertisement and
Sales Promotion.
Internet was made use for the collection of the data.
Newspapers were also referred.
Business Magazines also referred.
Some journals were also referred.
4. Library Survey:
This was also undertaken for the collection of data. This type of research is based on books like
periodical, journals, documentations, and secondary data etc… which are available in the library.
5. Sample Size:
By using judgment Random Sampling Technique 100 respondents are selected for the purpose of
the study. Direct questionnaires are used to survey the customers.
6. Period of the Study:
The Study is undertaken in the month of 25th May 2014 to 24th July 2014.
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37
Chapter 6
DATA ANALYSIS AND
INTERPERTATION
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38
SATISTICAL TOOLS
Data Collection
Data is collected with prepared questionnaire by arranging personnel interviews when customers
are taking their vehicle at the delivery counter in the SEVA AUTOMOTIVE LTD showroom.
Data Analysis
Consider the manner of data collection adopted the study analyzed the data on a qualitative basis
by decipher in individual opinion various options collected from respective respondents are
analyzed separately.
Data Interpretation
The data collection from each and every user is analyzed and interpreted individually then
compared together and presented in the form of tables and charts. In each table the total
respondents for particular questions predicted among them. The alternative answers were for the
particular questions are traced. The high percentage of the answer is taken has correct answer
then the data for that answer has been analyzed.
MODEL OF THE CAR OWNED BY THE RESPONDENTS
The below table shows the all Maruti brand models, and table showing that model of thecar
owned by the respondents.
S. No Models No. of Respondents Percentage
1 OMNI 08 8%
2 ALTO 800 32 32%
3 WAGNOR 07 7%
4 SWIFT 13 13%
5 SWIFT DESIRE 19 19%
6 A-STAR 02 2%
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
39
7 RITZ 3 3%
8 ERTIGA 4 4%
9 CELERIO 12 12%
Total No. of Respondents 100 100%
Table.6.1.Model of the car owned by the respondents
Chart .6.1.Model of the car owned by the respondents
Interpretation:
From the above evident, we can say that most selling car in Maruti is Alto 800, having the 32
respondents here. And next most selling vehicles are the Maruti Swift Desire, Swift & Celerio,
having 19, 13 & 12 respondents respectively. And next vehicle is Omni , having 09 respondents
over here. Wagon R has only 07 respondents, and other models have less sales according to this
study.
0
5
10
15
20
25
30
35
CAR MODELS
%
OF
RESPONDERS
Modelof New Car Purchased
OMNI
ALTO 800
WAGNOR
SEIFT
S.DESIRE
A-STAR
RITZ
ERTIGA
CELERIO
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
40
Knowledgeable Salesperson:
No. of Respondents Percentage
Strongly Disagree 0 0%
Disagree 0 0%
Agree 86 86%
Strongly Agree 14 14%
Total No. of
Respondents
100 100%
Table.6.2. Knowledgeable Salesperson
Chart .6.2. Knowledgeable Salesperson
Interpretation:
86% people agreed that the sales persons are knowledgeable and 14% disagreed that the sales
persons are knowledgeable.
0
20
40
60
80
100
No of Respondents
%
of
Respondents
Knowledgeable Salesperson
strongly
Disagree
Disgree
Agree
Strongly Agree
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
41
Employees Spent Enough Time with you Before & After Sales :
No. of Respondents Percentage
Strongly Disagree 0 0%
Disagree 0 0%
Agree 64 64%
Strongly Agree 36 36%
Total No. of
Respondents
100 100%
Table 6.3.Employees Spent Enough Time with you Before & After Sales
Chart. 6.3.Employees Spent Enough Time with you Before & After Sales
Interpretation:
60% agreed that sales persons spent enough time with them during the sales , while 26% strongly
agreed that the sales persons spent enough time with them during sales and only 14% disagreed
with this.
0
20
40
60
80
No of Respondents
%
of
Respondents
Employees Spent Enough Time with you Before &
After Sales
strongly
Disagree
Disgree
Agree
Strongly Agree
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42
Availability of the Product :
No. of Respondents Percentage
Strongly Disagree 0 0%
Disagree 4 4%
Agree 91 91%
Strongly Agree 5 5%
Total No. of
Respondents
100 100%
Table.6.4.Availability of the Product
Chart .6.4.Availability of the Product
Interpretation:
91% agreed that the availability of the product was there, 5% strongly agreed that the availability
was there while only 4% said they disagreed with this.
0
10
20
30
40
50
60
70
80
90
100
No of Respondents
%
of
Respondents
Availability of the Product
strongly
Disagree
Disgree
Agree
Strongly
Agree
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
43
Price of your MARUTI SUZUKI vehicle:
price No. of Respondents Percentage
High 6 6%
Reasonable 37 37%
Low 57 57%
Total No. of
Respondents
100 100%
Table .6.5.Price of your MARUTI SUZUKI vehicle
Chart .6.5.Price of your MARUTI SUZUKI vehicle
Interpretation:
From the above evident, we can say that 57% respondents are saying that price of Maruti is low,
and 37% respondents are saying that price of Maruti is reasonable and remaining 6% are saying
that price is high. From this we can say that 94% are saying that Maruti price is satisfied.
0
10
20
30
40
50
60
No of Respondents
%
of
Respondents
Price of your MARUTI SUZUKI vehicle
High
Reasonable
Low
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44
Respondents Feeling on Price of Spare Parts:
The below table shows that respondents feeling on the price of spare parts of the Maruti vehicle,
that shows the satisfaction level of the respondents.
price No. of Respondents Percentage
High 8 8%
Reasonable 24 24%
Low 68 68%
Total No. of
Respondents
100 100%
Table .6.6.Price of your MARUTI SUZUKI vehicle
Chart.6.6.Price of your MARUTI SUZUKI vehicle
Interpretation:
From the above evident, we can say that 68% respondents are saying that price of spare parts of
the Maruti is low, and 24% respondents are saying that price of spare parts of Maruti is
reasonable and remaining 8% are saying that price is high. From this we can say that 92% are
saying that Maruti price of spare parts is satisfied.
0
10
20
30
40
50
60
70
80
No of Respondents
%
of
Respondents
Respondents Feeling onPrice of Spare Parts
High
Reasonable
Low
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45
Service At Maruti Service StationIs Excellent:
No. of Respondents Percentage
Strongly Disagree 0 0%
Disagree 4 4%
Agree 82 82%
Strongly Agree 14 14%
Total No. of
Respondents
100 100%
Table 6.7.Service At Maruti Service Station Is Excellent
Chart.6.7.Service At Maruti Service Station Is Excellent
Interpretation:
82% said that the service at Maruti service station is excellent , 14% strongly agreed while only
4% disagreed with this.
0
10
20
30
40
50
60
70
80
90
No of Respondents
%
of
Respondents
Service At Maruti Service StationIs Excellent
strongly
Disagree
Disgree
Agree
Strongly Agree
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46
Respondents Expectations on MARUTI SUZUKI Vehicle:
The table below shows that respondents expectations on Maruti vehicle to keep.
How Long You
Will Use
No. of Respondents Percentage
1-2 Years 5 5%
2-4 Years 15 15%
4-8 Years 68 68%
8 Years & above 12 12%
Total No. of
Respondents
100 100%
Table .6.8.Respondents Expectations on MARUTI SUZUKI Vehicle
Chart .6.8.Respondents Expectations on MARUTI SUZUKI Vehicle
Interpretation:
From the above evident it is observed that 5% and 15% of the consumers keep their vehicle 1-
2years and 2-4years respectively, and 68% and 12% of consumers keep their vehicle for 4-8years
and 8years & above.
0
20
40
60
80
No of Respondents
%
of
Respondents
Respondents Expectations on MARUTI SUZUKI
Vehicle
1-2 year
2-4 year
4-8 year
8 & above yr
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Feeling of the Respondents while Driving MARUTI SUZUKI
The below table shows that how respondents feel comfortable while driving the Maruti vehicle.
Particulars No. of Respondents Percentage
More comfortable 20 20%
comfortable 68 68%
Less comfortable 11 11%
Un comfortable 1 1%
Total No. of
Respondents
100 100%
Table.6.9.Feeling of the Respondents while Driving MARUTI SUZUKI
Chart.6.9.Feeling of the Respondents while Driving MARUTI SUZUKI
Interpretation:
From above evident, it is observed that 20% of them feel more comfortable, 68% of respondents
feel comfortable, and 11% of them feel less comfortable
0
20
40
60
80
No of Respondents
%
of
Respondents
Feeling of the Respondents while Driving
MARUTI SUZUKI
More
comfortable
Comfortable
Less
Comfortable
Un
Comfortable
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48
Information About Service Offered by MARUTI SUZUKI:
The below table shows that how respondents get information regarding the service offered by the
company to them.
Particulars No. of Respondents Percentage
Yes 95 95%
No 05 5%
Total No. of
Respondents
100 100%
Table.6.10.Information About Service Offered by MARUTI SUZUKI
Chart 6.10.Information About Service Offered by MARUTI SUZUKI
Interpretation:
From the above chart we observe that 95% of the respondents feel that information regarding
free service is provided them.
95%
5%
Information About Service Offeredby
MARUTI SUZUKI
YES
NO
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Respondents View on Mileage ofMARUTI SUZUKI Vehicle:
The below table shows how respondents feel on mileage of the Maruti vehicle when
compaired to the other brand cars.
Particulars No. of Respondents Percentage
Excellent 20 20%
Good 54 54%
Average 26 26%
Below average 0 0%
Total No. of
Respondents
100 100%
Table.6.11.Respondents View on Mileage of MARUTI SUZUKI Vehicle
Chart.6.11.Respondents View on Mileage of MARUTI SUZUKI Vehicle
Interpretation:
From the above evident, we can say that 20% and 54% of the respondents feel mileage
of the Maruti’s brand is excellent and good respectively when compaired to other brands
of vehicles, and 26% of respondents feel mileage given by Maruti is average.
0
10
20
30
40
50
60
No of Respondents
%
of
Respondents
Respondents View on Mileage ofMARUTI
SUZUKI Vehicle
Excellent
Good
Average
Below average
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50
Feedback onDealership(SEVA) Facility:
The below table shows that the respondents feelings on the SEVA AUTOMOTIVE PVT.LTD.
dealership facility.
SEVA Dealership
Facility
No. of Respondents Percentage
Outstanding 79 79%
Acceptable 19 19%
Average 02 2%
Un Acceptable 0 0%
Total No. of
Respondents
100 100%
Table.6.12.Feedback on Dealership (SEVA) Facility
Chart.6.12.Feedback on Dealership (SEVA) Facility
Interpretation:
From the above chart, we can say that 79% respondents are given best ranking for SEVA
AUTOMOBILE PVT.LTD. dealership and 19% respondents are given good ranking that is
accepting and remaining 2% are saying that average.
0
50
100
No of
Respondents
%
of
Respondents
DealerPerformance (SEVA)
Outstanding
Acceptable
Average
Un
Acceptable
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
51
Chapter 7
FINDINGS AND SUGGESTIONS
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
52
FINDINGS:
 Most of the respondents believe that Maruti is good.
 62% of the respondents said that performance of the executives is good.
 57% respondents feel the price is very low, 68% of feel the price of spare parts is less
 78% respondents feeling on convenience of service network of Maruti.
 68% respondents expectations on Maruti vehicle to keep it for 4-8yrs
 68% respondents feel comfortable while driving the Maruti vehicle.
 59% respondents feel on the total performance of the Maruti vehicle when compaired to
the other brand cars.
 95% respondents get information regarding the service offered by the company to them.
 79% respondents are given best ranking for SEVA AUTOMOTIVE PVT LTD dealership
SUGGESTIONS:
 More test drives should be offered.
 Maruti Company has to frame new strategies to gain all the potential customers.
 Maruti dealers have to come up some potential activities, schemes and offers to attract
people.
 Service advisers need training and motivate them.
 Maruti has to improve the different promotional activities through effective media.
 Should put in more efforts to promote Maruti Finance , Autocard and Accessories.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
53
Chapter 8
CONCLUSIONS
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
54
CONCLUSIONS:
 Most of the buyers are professionals and business people using the Maruti cars.
 Most of the respondents are saying that main reasons for buying Maruti are trust Worthy
and good for Indian roads.
 About 94% the customers feel that the price of vehicle is affordable.
 99% of the respondents are highly satisfied with service network of Maruti.
 Many of the Maruti car buyers are high middle class people, like to keep there Vehicle
4years above. But professionals and business people like to change there Vehicle after
2years.
 95% of customers feel that they are getting information regarding free service provided
by the Maruti.
 98% of the respondents are saying that SEVA AUTOMOTIVE PVT.LTD. performance
is Outstanding.
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
55
Chapter 9
BIBLIOGRAPHY
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
56
BIBLIOGRAPHY:
Name of the Books:
1. C.R. Kothari Research methodology Methods & Techniques.(2006).
2. Phillip Kotler Marketing Management 11e Pearson. (2007).
3. Phillip Kotler Marketing Management 12e & 13e Pearson. (2008).
Magazine:
1. Business Today: Customer value, satisfaction, loyalty and switching costs.
2. Autocar
3. MARUTI SUZUKI annual report 2013-14.
WEBSITES
1. Www.learn marketing.com
2. Www.maruti Suzuki.com
3. Www. Wikipedia.com
4. WWW.Machinist360.com
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
57
Chapter 10
QUESTIONNAIRE
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
58
QUESTIONNAIRE
Dear Sir,
I am the student of SINHGAD INSTITUTE OF MANAGEMENT,PUNE. conducting a survey
on MARUTI SUZUKI in WARDHA city.
I would like to share some views and ideas with you.
Name : ………………………………… Profession : …………………………………
Address : …………………………………………
1. Which model MARUTI SUZUKI car do you own ?
 OMNI ( )
 ALTO 800 ( )
 WAGNOR ( )
 SWIFT ( )
 Wagon-R ( )
 Swift ( )
 Swift Desire ( )
 A-star ( )
 ERTIGA ( )
 CELERIO( )
2. Salesperson of MARUTI SUZUKI is knowledgeable?
3. Employees spent enough time with you, before & after sales?
Strongly Disagree ( ) Agree ( )
Disagree ( ) Strongly Agree ( )
Strongly Disagree ( ) Agree ( )
Disagree ( ) Strongly Agree ( )
4. MARUTI SUZUKI product availability is good ?
Strongly Disagree ( ) Agree ( )
Disagree ( ) Strongly Agree ( )
5. Price of your MARUTI SUZUKI vehicle?
High ( ) Reasonable ( )
Low ( )
Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City
59
6. Price of spare parts to your MARUTI SUZUKI?
High ( ) Reasonable ( )
Low ( )
7. Service at MARUTI SUZUKI service station is excellent?
Strongly Disagree ( ) Agree ( )
Disagree ( ) Strongly Agree ( )
8. How long you will use MARUTI SUZUKI vehicle?
1-2 year ( ) 2-4 year ( )
4-8 year ( ) 8 yr & above ( )
9. How do you feel when you drive yours MARUTI SUZUKI car?
More comfortable ( ) Less comfortable ( )
Comfortable ( ) Un comfortable ( )
10. Do you get information about the free service offered by the company?
From time to time?
Yes ( ) No ( )
11.Please rank the mileage of the Car when compared to others?
Very good ( ) Good ( )
Average ( ) Below average ( )
12.How do you feel on SEVA AUTOMOTIVE PVT.LTD dealership facility?
Outstanding ( ) Acceptable ( )
Average ( ) Un acceptable ( )

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374364884 study-of-customer-satisfaction-towards-services-offered-by-maruti-suzuki-in-wardha-city

  • 1. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 1 A PROJECT REPORT ON “STUDY OF CUSTOMER SATISFACTION TOWARDS SERVICES OFFERED BY MARUTI SUZUKI IN WARDHA CITY” FOR “MARUTI SUZUKI” Submitted to: UNIVERSITY OF PUNE In Partial Fulfillment of Requirements For the Awards of Degree of MASTER IN BUSINESS ADMINISTRATION (2013-2015) Submitted by: MANISH ASHOK BADHIYE Under the guidance of Dr. RAMKRISHNA DIKKATWAR Sinhgad Institute of Management, Vadgaon (Bk); Pune
  • 2. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 2 DECLARATION I, the undersigned, hereby declare that the Project Report entitled “STUDY OF CUSTOMER SATISFACTION TOWARDS SERVICES OFFERED BY MARUTI SUZUKI IN WARDHA CITY” written and submitted by me to the University of Pune, in partial fulfillment of the requirements for the award of degree of MASTER IN BUSINESS ADMINISTRATION under the guidance of Dr. RAMKRISHNA DIKKATWAR is my original work and the conclusions drawn therein are based on the material collected by myself. Place: Pune Name Date: Manish A. Badhiye
  • 3. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 3 ACKNOWLEDGEMENTS I take this opportunity as privilege to express my deep sense of gratitude to Prof. M.N. NAVALE Honorable Founder President, Dr. Mrs. S.M. NAVALE, Secretary, The Sinhgad Technical Education Society, Pune Dr. NILESH GOKHALE, the Director Sinhgad Institute of Management, Dr. RUPALI JAIN, the joint director Sinhgad Institute of Management Pune for their continuous encouragement,, invaluable guidance and help for completing the present research work. They have been a source of inspiration to me and I am indebted to them for initiating me in the field of research. I am deeply indebted to Dr. RAMKRISHNA DIKKATWAR, my research guide, the Sinhgad Institute of management, Pune without his help completion of the project was highly impossible. I would like to render my thanks to Mr. EKNATH DAHAKE (Sale Manager of SEVA Automotive Pvt. Ltd, Wardha) for providing necessary co-operation for completion of this project. I wish to express a special thanks to all teaching and non-teaching staff members, the Sinhgad Institute of Management, Pune for their forever support. Their encouragement and valuable guidance are gratefully acknowledged. Place: Pune Name: Manish A. Badhiye Date:
  • 4. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 4 TABLE OF CONTENTS Chapter No Illustration Page No 1 INTRODUCTION 1 1.1. Need and Importance For the Study 1.2. Objectives of the Study 1.3. Scope and Limitations of the Study 2 3 3 2 INDUSTRYPROFILE 4-8 3 COMPANYPROFILE 9-20 4 LITERATURE REVIEW 21-28 5 RESEARCHMETHODOLOGY 29-31 6 DATA ANALYSIS AND INTERPRETATION 32-45 7 FINDINGS AND SUGGESTIONS 46-47 8 CONCLUSIONS 47-49 9 BIBLIOGRAPHY 50-51 10 QUESTIONNAIRE 52-54
  • 5. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 5 Table No Table Name Page No 2.1 Car companies in India 9 4.1 Company Board of Directors 17 4.2 Maruti Product Information 19 6.1 Model of the car owned by the respondents 33 6.2 Knowledgeable Salesperson 34 6.3 Employees Spent Enough Time with you Before & After Sales 35 6.4 Availability of the Product 36 6.5 Price of your MARUTI SUZUKI vehicle 37 6.6 Price of your MARUTI SUZUKI vehicle 38 6.7 Service At Maruti Service Station Is Excellent 39 6.8 Respondents Expectations on MARUTI SUZUKI Vehicle 40 6.9 Feeling of the Respondents while Driving MARUTI SUZUKI 41 6.10 Information About Service Offered by MARUTI SUZUKI 42 6.11 Respondents View on Mileage of MARUTI SUZUKI Vehicle 43 6.12 Feedback on Dealership (SEVA) Facility 44
  • 6. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 6 Chart No Chart Name Page No 2.1 Car companies in India 9 4.1 Company Board of Directors 17 4.2 Maruti Product Information 19 6.1 Model of the car owned by the respondents 33 6.2 Knowledgeable Salesperson 34 6.3 Employees Spent Enough Time with you Before & After Sales 35 6.4 Availability of the Product 36 6.5 Price of your MARUTI SUZUKI vehicle 37 6.6 Price of your MARUTI SUZUKI vehicle 38 6.7 Service At Maruti Service Station Is Excellent 39 6.8 Respondents Expectations on MARUTI SUZUKI Vehicle 40 6.9 Feeling of the Respondents while Driving MARUTI SUZUKI 41 6.10 Information About Service Offered by MARUTI SUZUKI 42 6.11 Respondents View on Mileage of MARUTI SUZUKI Vehicle 43 6.12 Feedback on Dealership (SEVA) Facility 44
  • 7. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 7 Chapter 1 INTRODUCTION
  • 8. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 8 INTRODUCTION Measuring customer satisfaction is a relatively new concept to many companies that have been focused exclusively on income statements and balance sheets. Companies now recognize that the new global economy has changed things forever. Increased competition, crowded markets with little product differentiation and years of continual sales growth followed by two decades of flattened sales curves have indicated to today's sharp competitors that their focus must change. As markets shrink, companies are scrambling to boost customer satisfaction and keep their current customers rather than devoting additional resources to chase potential new customers. The claim that it costs five to eight times as much to get new customers than to hold on to old ones is key to understanding the drive toward bench marking and tracking customer satisfaction. Competitors that are prospering in the new global economy recognize that measuring customer satisfaction is the key. Only by doing so can they hold on to the customers they have and understand how to better attract new customers. The competitors who will be successful recognize that customer satisfaction is a critical strategic weapon that can bring increased market share and increased profits. The problem companies face, however, is exactly how to do all of this and do it well. They need to understand how to quantify, measure, and track customer satisfaction. Without a clear and accurate sense of what needs to be measured and how to collect, analyze, and use the data as a strategic weapon to drive the business, no firm can be effective in this new business climate. Plans constructed using customer satisfaction research results can be designed to target customers and processes that are most able to extend profits. Too many companies rely on outdated and unreliable measures of customer satisfaction. They watch sales volume. They listen to sales reps describing their customers' states of mind. They track and count the frequency of complaints. And they watch aging accounts receivable reports, recognizing that unhappy customers pay as late as possible if at all. While these approaches are not completely without value, they are no substitute for a valid, well-designed customer satisfaction survey program.
  • 9. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 9 1.1. Need and Importance for the Study In the modern times the business organizations are adopting new techniques and methods for the growth of the business. The organizations are giving better services to their customers to face challenge posed by the competitors for every business, it is not only important to retain the present customers but also attract the new customers. So there is need to ascertain the customers use regarding the services providing by reputed organization like Maruti Suzuki. With the increase market study there is a cut through competition among the businessmen in the industry some of the other major competitors in this area like Hyundai, Fiat, Volkswagen, Ford, Tata, and Chevrolet. The need for customer satisfaction is necessary for all business, large or small. The satisfaction of the customer is an all important task. Hence there is a need for the study. 1.2. Objectives of the Study  To study the customer satisfaction with the usage of vehicles of MARUTI SUZUKI  To study the impact of different factors of marketing on customer satisfaction.  To know the customers are satisfied with price and service network.  To know the whether Maruti performance matching with the customer expectations.  To know whether the dealer renders after sales service, and if he, how far the consumers are satisfied with services rendered by dealer. 1.3. Scope and Limitations of the Study As the time constraint was there to complete this and as there was also finance restriction to spend on the data collection activities. So for data collection, I have limited myself to customers who brought their vehicles in specified period only.
  • 10. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 10 Chapter 2 INDUSTRY PROFILE
  • 11. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 11 The automotive industry in India is one of the largest automotive markets in the world. It had previously been one of the fastest growing markets globally. India’s passenger car and commercial vehicle manufacturing industry is the sixth largest in the world, with an annual production of more than 3.9 million units in 2011. According to recent reports, India overtook Brazil to become the sixth largest passenger vehicle producer in the world (beating such old and new auto makers as Belgium, United Kingdom, Italy, Canada, Mexico, Russia, Spain, France, Brazil).Throughout the course of 2011 and 2012, the industry grew 16-18%, selling around three million units. In 2009, India emerged as Asia's fourth largest exporter of passenger cars, behind Japan, South Korea, and Thailand. In 2010, India beat Thailand to become Asia's third largest exporter of passenger cars. As of 2010, India is home to 40 million passenger vehicles. More than 3.7 million automotive vehicles were produced in India in 2010 (an increase of 33.9%), making the country the second (after China) fastest growing automobile market in the world in that year. According to the Society of Indian Automobile Manufacturers, annual vehicle sales are projected to increase to 4 million by 2015, no longer 5 million as previously projected. Automobile Dealers Network in India In terms of Car dealer networks and authorized service stations, Maruti leads the pack with Dealer networks and workshops across the country. The other leading automobile manufacturers are also trying to cope up and are opening their service stations and dealer workshops in all the metros and major cities of the country. Dealers offer varying kind of discount of finances who in tern pass it on to the customers in the form of reduced interest rates. Government has liberalized the norms for foreign investment and import of technology and that appears to have benefited the automobile sector. The production of total vehicles increased from 4.2 million in 1998-99 to 7.3 million in 2003-04. It is likely that the production of such vehicles will exceed 10 million in the next couple of years. The industry has adopted the global standards and this was manifested in the increasing exports of the sector. After a temporary slump during 1998-99 and 1999-00, such exports registered robust growth rates of well over 50 per cent in 2002-03 and 2003-04 each to exceed two and- a- half times the export figure for 2001-02.
  • 12. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 12 Industry Growth Opposing the belief that the growth in automobile industry has catered only to the top income- stratum of society, Growth of exports of 32.8 % in the first three quarters of 2004-05, the fastest growth in volumes has come from commercial vehicles as against passenger cars. Between 1998-99 and 2003-04, output of commercial vehicles has grown 2.8 times compared to the 2.2 times increase in passenger cars. Furthermore, two-wheeler output continues to dominate the volume statistics of the sector. In 2003-04, for every passenger car turned out by the sector, there were 7 two-wheelers produced. In the two wheeler segment, there is a greater preference for motorcycles followed by scooters, with both production and domestic sales of motorcycles increasing at faster rates than for scooters in the current and previous years. However, mopeds have registered low or negative growth. Export growth rates have been high both for motorcycles and scooters. India car Industry The recent move to globalize our economy has opened new vistas for car manufacturers in the country. The immediate post independence years saw very little development in automobile industry. A poor country like ours did not have a resource to invest in personal transportation. The Indian customers had to wait till the mod 1980’s, a full 40 years after independence to see a car that the people wanted. December 1983 heralded a revolution in the Indian car industry. Maruti collaborated with Suzuki of Japan to produce the first affordable car for the average Indian.The maruti800 was the first version of Maruti to hit the Indian roads in December-1983. Since then it has been on a constant rise. At this time, the Indian car market had stagnated at the volume of 30000 to 40000 cars for the decade ending 1983. This was from Maruti taken over. The sales figure for the year 1993 reached up to 196820. The company reached a total production of one million vehicles in March 1994 becoming the first Indian company to cross this milestone. It crossed the two million mark in 1997. Fifteen years later, the Indian industry is on the verge of the extreme. It has around 45 models of the cars. Today there are about 20 manufacturers in India.
  • 13. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 13 This was not to last, and today India manufactures low-priced cars for markets across the globe. As of 18 March 2013 global brands such as Proton Holdings, PSA Group, Kia, Mazda, Chrysler, Dodge and Geely Holding Group are shelving plans for India due to the global economic crisis. Industry Structure The Indian car market has been divided in to small cars, mid size cars, luxury cars and multi utility vehicles. Small cars: It is the most preferable small car segment in Indian economy. Under this segment we have Maruti 800, Maruti Wagon R, Maruti swift, Tata Indica, Hyundai Santro, Fiat Palio, and Maruti Alto, Maruti Zen Estilo, Tata Nano, i10, spark, Astar etc. These are the best suitable for Indian middle class people. These cars also suit Indian roads and traffic conditions. The concept of small cars has emerged from Japan. Small cars are fuel efficient with latest sleek look and advanced technology. Mid size cars: The mid size cars are to supper middle class people of society. Business executives mainly use these cars.Under this we have Maruti SX4, Swift Dzire, Ford Fusion, Ford Fiesta, Opel Astra, Tata Indigo, Tata Marina, Honda City, Chevrolet Aveo, Hyundai Accent etc., and Hyundai Verna etc. Luxury Cars: The elite members of the society use these luxury cars. The luxury cars symbol of success of a man. Under this we have Maruti Grand Vitara, Ford Mondeo, Skoda Octavia, Skoda Laura, Hyundai Sonata, Hyundai Elantra, Toyota Corolla, Toyota Cramy, Mitsubishi Lancer, Mitsubishi Cedia, Honda Civic, Honda CRV, Honda Accord, Chevrolet optra, Mercedes-Benz (S-class,E- class), etc, Multi Utility Vehicle: MUV’S are used for transportation purpose. As MUVs are very rugged and powerful vehicles they are used in hilly regions. Today there are a lot of players in the carsegment. This has increased competition amongst the manufacturers. Under this we have Tata Sumo, Tata Sierra,
  • 14. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 14 Tata safari, Maruti Gypsy, BajajTempo, Ford Endeavour, Toyota Quails, Toyota In nova, Mahindra Voyager, MahindraScorpio, Mahindra Bolero etc., Now-a-days dealers and manufacturers are providing many attractive financial facilities for the consumers. This indicates that the manufactures will have huge demand in coming decades. Car Segments: With the expansion of Indian Automotive Market over a period of time the car models have been grouped in to the following segments. Basedon the price and size: A Segment (Till 3 lacks) : Maruti800, Omni. B Segment (3 to 4.5 lacks) : Zen, Wagon R, Alto, Santro, Matiz, Palio and Indica. C 1 Segment (4.5 to 6.5 lacks) : Esteem, Accent, Siena, Indigo, Ikon, Corsa, Swift. C 2 Segment (6.5 to 10 lacks) : Baleno, Astra, City and Lancer D Segment (10 lacks & above) : Octivia, Sonata, Mondeo, Accord, Carmy, Vectra, Corolla, Mercedes Basedon Length as per SIAM (Society of Automotive Manufacturers): A 1 (Mini-Up to 3400mm) : Maruti800 A 2 (Compact-3401 to 4000mm) : Zen, Wagon R, Alto, Santro, Matiz, Palio, and Indica. A3 (Mid-Size-4001 to 4500mm) : Esteem, Swift, Accent, Siena, Indigo, Ambassador A 4 (Excutive-4501 to 4700mm) : Octivia, Contessa, Mercedes C-Class A 5 (Premium-4701 to 5000mm) : Sonata, Mondeo, Accord, Carmy, Vectra. A 6 (Luxury-5001 and above) : Mercedes S-class, C (Van Type) : Omni, Versa. B2 (Passenger Carrier) : Gypsy, Sumo, safari, Qualis, Armada, and Voyager.
  • 15. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 15 Indian Car Market Trend The Indian market was fuelled by entry of Maruti800 and A 1 Segment car was the largest selling segment in market for many years and is still the single largest selling model. With the entry of Zen in Indian market MUL offered the upgrade option to A 1 segment owners as well as new buyers. The present trend of market shows the tremendous growth in A 2 segment the volumes of which has already crossed the A 1 segment in nos. and presently constitutes approx 50% of total car market. It appears that A 2 segment will continue to be the largest selling for many more years. Maruti has 3 models with 13 variants in the growing A 2 segment and is continuously consolidating its position in the segment. With the continuously evolving market the A 3 segment is expanding at slow and consistent rate. MUL has 2 models in the segment with 7 variants to suit customer requirements. The largest expansion is happening in A4 segment through importing completely built up cars. However the volumes sold are very small and are limited to bigger cities. Some of the Car companies in India: Maruti Suzuki Fiat General motors Ford Hindustan motors Honda Bajaj tempo Volkswagen Hyundai Skoda Toyota Mahindra Nissan Tata Motors BMW Mercedes Land Rover Audi Force Motors Mitsubishi Table 2.1. Car companies in India Top three manufacturers: Maruti Suzuki Hyundai Tata motors
  • 16. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 16 Chapter 3 COMPANY PROFILE
  • 17. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 17 Maruti Suzuki is India’s number one leading automobile manufacturer and the market leader in the car segment both in terms of volume of vehicle and revenue earned. Until recently 18.28% of the company was owned by the Indian government and 54.2% by the Suzuki of Japan. The Indian Govt. held an initial public offering of 25% of the company in June 2003. As of 10 May 2007 government of India sold its complete share to Indian financial Institution. With this govt. Of India has no longer stake in Maruti Udyog. Maruti Udyog Limited (MUL) was established in February 1981, though the actual production was started in 1983 with the Maruti 800 based on the Suzuki Alto Kei Car which at that time was the only modern car available in India. Its only competitor was Hindustan Motor’s Ambassador and the Premier Padmini were both around 25 years out of date at that point. Through 2004 , Maruti Suzuki had produced over 5 Million vehicles. Maruti Suzuki are sold in India and various several other countries depending upon export orders. Models similar to Maruti Suzuki ( but not manufactured by Maruti udyog) are sold by Suzuki Motors corporation and manufactured in Pakistan and other south Asian countries. The company in 2013-14 exports more than 50,000 cars and has an extremely large domestic market in India selling over 3,36,463 cars anually. Maruti 800 till 2004 was the India’s largest selling compact car ever since it was launched in 1983. More than a Million unit of this car have been sold worldwide so far. Currently Maruti Suzuki Alto tops the sales chart and Maruti Suzuki Swift is the largest selling car in A2 segment. Due to large number of Maruti 800’s sold in the Indian market the term “Maruti” is commonly used to refer to this compact car model. Till recently the term “Maruti” in popular Indian culture in India, Hindu’s lord Hanuman is known as “Maruti” was associated with Maruti 800 model. Manufacturing Facilities Its manufacturing facilities are located at two facilities, “Gurgoan” and “Manesar” south of Delhi. Maruti Suzuki’s Gurgoan facility has an installed capacity of 3,50,000 units per annum. The Manesar facility launched in February 2007 comprises a vehicle assembly plant with a capacity of 1,00,000 units per year and a Diesel Engine plant with an annual capacity of 1,00,000 engines and transimission. Manesar and Gurgoan facility have a combined capacity to produce over 7,00,000 units annually.More than a half of the cars sold in India are Maruti Suzuki cars.
  • 18. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 18 The company is a subsidiary of Suzuki Motors Corporation of Japan which owns 54.2 percent of Maruti Suzuki. The rest is owned by the Public and Finance Institution. It was listed on the Bombay ( now Mumbai) stock exchange in India. During 2013-14 Maruti Suzuki sold 11,55,041 cars of which 53,024 are exported in all. Over Six Million Maruti Suzuki cars on Indian roads since the first car was rolled out on 14 December 1983.With a capacity of 1,00,000 units per year and a Diesel Engine plant with an annual capacity of 1,00,000 engines and transmission. Manesar and Gurgoan facility have a combined capacity to produce over 7,00,000 units annually. More than a half of the cars sold in India are Maruti Suzuki cars. Products Offered Maruti Suzuki offers 17 models and they are, Alto 800, Alto K10, Wagon R, Zen Estilo, A Star, Ritz, Swift, Swift Dzire, SX4, Omni, Eeco, Gypsy and Grand Vitara ,Celerio,Ertiga,Stingray .Out of these models Grand Vitara is imported from Japan a completely built unit (CBU). Swift, Swift Dzire , A Star and SX4 are manufactured in Manesar and the remaining models such as ALTO 800, Alto, Wagon R, Zen Estilo, Ritz, Omni , Eeco etc are manufactured at Gurgoan Plant. History of Maruti Suzuki In 1970 , Sanjay Gandhi the son of Indira Gandhi envisioned the manufacture of an indigenous , cost effective, low maintenance compact car for the Indian middle class . Indira Gandhi’s cabinet passed a unanimous resolution for the development and production of a people’s car. Sanjay Gandhi’s company was christened Maruti limited. The name of the car was chosen after a Hindu deity named Maruti Ltd. That time Hindustan Motors’ Ambassador was the chief car and the company had come out with a new entrant the premier Padmini that worked slowly gaining a part of the market share dominated by the ambassador. For the next ten years the Indian car market had stagnated at a volume of 30,000 to 40,000 cars for the decade ending 1983. Sanjay Gandhi was awarded the exclusive contract and license to design, develop and manufacture the “People’s Car.” These exclusive rights of production generated some criticism in certain quarters, which was directly targeted at Indira Gandhi. Over the next few years the
  • 19. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 19 company was sidelined to Bangladesh liberation war and emergency. In the early days under the powerful patronage of Sanjay Gandhi the company was provided with free land, tax breaks and funds. Till the end of 1970 the company had not started the production and a prototype test model was welcomed with criticism and skepticism. The company went into liquidation IN 1977. The media perceived it to be another area of growing corruption. Unfortunately Maruti’s started to fly only after the death of Sanjay Gandhi, when Suzuki motors joined the government of India as a joint venture partnered with 50% share. After his death Indira Gandhi decided that the project should not be allowed to die. Maruti’s entered into this collaboration with Suzuki motors. The collaboration heralded a revolution in the Indian car industry by producing the maruti- 800. It created a record of taking 13 months time to go from design to rolling out cars from a production line. The production of Maruti-800 in 1983 marked the beginning of a revolution in the Indian automobile industry. It brought in the latest technology of that time more fuel efficiency and lower prices that led to the creation of a huge market for all car segments as the Indian, middle class grew in size. This in turn brought in more players in this segment. A number of auxiliary car parts making units were set up as more car manufacturers realized it was more cost effective to make their car parts in India rather than importing them. Maruti’s major influence was in helping the component industry in the country because of its emphasis on localization and indigenization. As in the beginning that sector hadn’t grown much Maruti’s had to start dozens of joint ventures with Indian entrepreneurs. It got them from foreign collaborations that led to collaborations for other manufacturers so that over a period of time the whole component industry was able to upgrade itself and improve its quality who had given their income leading to major existing export potential vehicle components. It also brought in better methods of financing that allowed more people who given their income levels could not afford to buy a car on their own, to buy cars. It still remains the leader not only in the terms of market share but also in customer satisfaction surveys. It has consistently topped J.D. power quality surveys, including 2005. By the year 1993 the company had sold 1, 96,820 cars. By March 1994 it produced 1 million vehicles becoming the first Indian company to cross the 2 million mark in October, 1997 and rolled out 4 millionth vehicles as Alto-LX .Then it introduced Wagon-R followed by Swift . Swift has been a great success in the market .In 2007 Maruti came up with SX4 and Grand Vitara..
  • 20. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 20 1.3.2 Vision, Mission and Core values of Maruti Suzuki Vision:- Vision of any company is those values on which company works. As the Maruti Udyog Limited (MUL) is started by governmental initiatives it tends to be more consumer oriented and hence cost- effective, but on the other hand Suzuki’s participation ensures not only need of profit, but the need of maximum profit. The only way of Nora’s dilemma of selecting principles for the company’s working vision was to maximize profit and sales and hence Maruti Udyog Limited (MUL) declared its vision as:- “The leader in the Indian Automobile Industry, creating Customer Delight one and shareholder’s wealth two eventually become pride of India. Customer Delight One is making sure that performance, after sale service and customer are best and beyond expectations, shareholder’s wealth to is the prime concern for running business smoothly. Maruti Suzuki knows this and understand “Customer Is KING” he can change the future of any company hence goes company brand line : COUNT ON US ! Mission : Mission is the statement of any organisation’s purpose , what is want to accomplish in the larger environment and its goal which are specific , realistic, and motivating. Missions are described over Visions and Visions demand certain objectives. The main Objectives / Mission of Maruti Udyog Limited are:- 1. Modernisation of Indian Automobile Industry. 2. Developing cars faster and selling for less. 3. Production of fuel- efficient vehicles to conserve scarce resources. 4. Production of large number of motor vehicles which are necessary for the Economic Growth. 5. Market penetration, Market developments, similar product development and diversification. 6. Parter relation management, value chain, value delivery networks.
  • 21. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 21 Core Values :  Customer Obsession  Fast, Flexible and First Mover  Innovation and Creativity  Networking and Partnership  Openness and Learning Maruti Offered Services : Express High Way Service: Introduced with service stations at convenient locations on National Highways. Maruti on – Road Service: 24 hour break down service in 41 cities (9622962200) Maruti Genuine Parts: Genuine Parts available across the length and breadth of the country. Info Call Centers: 24 hour information call centers in 6 cities Delhi, Gurgaon, Mumbai, Chennai, Bangalore, Hyderabad.(1600111515) The motive is to offer quality & professional service in the areas of car customer requirements. Maruti True Value: Total peace of mind is selling/Buying old Cars. Basically achieving two objectives viz.Exchange of Car and sale of used car.
  • 22. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 22 Maruti Finance: Increasing afford ability of purchases for the customer. To improve purchase experience of the customer. Increased ownership of dealer over the customer buying process. Maruti Insurance: Near cashless transaction Quality repair by trained manpower No loading insurance premium for claims Maruti N 2 N: End-to-End fleet management services designed for companies to free them of all the hassles of manufacturing company cars. Customized car policies Accident Repairs Maintenance – Servicing – Registration – Insurance Emergency Assistance Maruti Genuine Accessories: Ease of Availability Assured quality standards Most reasonable priced No alterations required to fitting MGAs Extended Warranty: Total peace of mind Maruti assurance Assured reliability of use of vehicle up to 4 years No need to pay towards cost of parts as well as labor.
  • 23. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 23 Company Board of Directors: Maruti Suzuki is a board managed company. Currently the directors on the Board are: Position Personnel Managing Director (M.D) and Chief Executive Officer (C.E.O) Mr. Kenichi Ayukawa Chairman Mr. R.C. Bhargava Directors Mr. Maninder Singh Banga Mr. Amal Ganguli Mr. D.S. Brar Mr. Keiichi Asai Mr. Osamu Suzuki Mr. Shuji Oishi Ms. Pallavi Shroff Mr. Kenichi Ayukawa Table 4.1.Company Board of Directors  MARUTI ACHIEVEMENTS IN PERSPECTIVE YEAR 2013-14:  Total no of vehicles sold 1,155,041 in year 2013-14.  1st J.D. Power customer satisfaction and sale satisfaction index study.  4/5 top selling models in country are from MARUTI SUZUKI.  16% growth in rural sales in 2013-14.  3,36,463 vehicles sold in 93,500 villages in 2013-14.  1000+ Maruti mobile support (MMS) operating and providing door step service.  283,000 numbers of new cars sold through exchange.  4.49+ lack people trained in safe driving in this year. 
  • 24. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 24 India’s Largest Sales & Service Network No matter where you are never far from a Maruti Service Station. 1526 Authorized Service Stations Most dealers awarded ISO certification rest in the process getting it. 356 Dealer workshops State of the art equipment and facilities 922 cities covered Sales, services and support network cover the length and breadth of the country 258 Sales Outlets in 169 cities Standardized service and specially trained service engineers Over the 2000 trained service personnel Quality of service in keeping with the needs of the customer Easy availability of affordable, Maruti Genuine Parts 26 Spare Parts Stockiest 11 MGP Shoppes (Boutiques) Product Range 17 Models with 45 variants to satisfy all customer need. At least 2 models available in A1, A2 and A3 segments. Models available to meet varied requirements of the customer’s lifestyle. Models & Variants available to suit various customers’ needs. Range of vehicles to support physically challenged persons. Suzuki Motor Corporation Suzuki Motor Corporation was established around 75 years ago. Suzuki Motor Corporation is a pioneer and market leader in small car manufacturing segment in Japan. Further, Suzuki Motor Corporation is also a market heavy weight in motorcycle manufacturing sector. The company ranks 3rd overall after Honda motors and Yamaha motors. The company rose to pinnacle of success by providing designs, value-packed services and quality products to the customers world over. Its mini car section rolled out innovative yet economical passenger car for the masses. The company operates in more than 190 countries across the world. Furthermore, the company is aggressively into motor sports. Suzuki Motor Corporation has forged joint ventures with a number of international players, to make cars. Its prominent international partners are General Motors and Maruti Udyog Limited, India. Suzuki Motor Corporation Indian partner - Maruti Udyog is India's leading maker of cars in India and shares more than 50% of car market in India. The company, in technological partnership with Suzuki Motors Corporation, manufactures models such as the Zen, Alto, and
  • 25. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 25 Gypsy. Maruti acts as a manufacturing hub for the international market. The model Alto is exported to many European countries. Maruti has four manufacturing units near New Delhi, India. Maruti produces around 350,000 cars annually. Further, to maintain the huge demand of Maruti cars in India, it has come up with a new manufacturing unit near Delhi, which will be made operational soon. Suzuki Motor Corporation Indian partner. Maruti Product Information Model Launched Category Price (₹) OMNI 1984 Mini van 2,17,810 - 2,75,150 GYPSY 1985 SUV 5,42,187 - 5,93,195 WAGONR 1999 Hatchback 3,52,103 - 4,37,738 SWIFT 2005 Hatchback 4,42,308 - 6,70,874 ZEN ESTILO 2006 Hatchback 3,37,832 - 4,24,925 SX4 2007 Sedan 7,15,138 - 9,53,823 GRAND VITARA 2007 Mini SUV 22,68,064 - 24,60,529 A STAR 2008 Hatchback 3,71,840 - 4,57,657 SWIFT DZIRE 2008 Sedan 4,85,162 - 7,32,284 RITZ 2009 Hatchback 4,23,124 - 6,15,654 EECO 2010 Mini van 2,98,484 - 3,99,882 ALTO K10 2010 Hatchback 3,15,329 - 3,28,089 KIZASHI 2011 Sedan 16,52,875 - 17,52,875 ERTIGA 2012 Mini MPV 5,80,228 - 8,49,416 ALTO 800 2012 Hatchback 2,37,548 - 3,49,379 STINGRAY 2013 Hatchback 4,00,669 - 4,55,662 CELERIO 2013 Hatchback 3,76,385 - 4,78,870 Table.4.2.Maruti Product Information 
  • 26. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 26  Chapter 4 LITERATURE REVIEW
  • 27. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 27 LITERATURE REVIEW Satisfaction: Satisfaction is a person’s feelings of pleasure or disappointment resulting from comparing a product’s perceived performance in relation to his or her expectations. As this definition makes clear, satisfaction is a function of perceived performance and expectations. If the performance falls short of expectations, the customer is dissatisfied. If the performance matches the expectations, the customer is satisfied. If the performance exceeds expectations, the customer is highly satisfied or delighted. Many companies are aiming for high satisfaction, because customers who are just satisfied still find it easy to switch when less good offer comes along. Those who are highly satisfied are much less ready to switch. High satisfaction or delight creates an emotional affinity with brand, not just a rational preference. The result is high customer loyalty. Some of today’s most successful companies are raising expectations and delivering performances to match. These companies are aiming for TCS-Total Customer Satisfaction. Consumers from their expectations on the basis of messages received from sellers, friends and other information sources. Customer Satisfaction: Customer Satisfaction may be defined as a qualitative measure where in a customer experiences various degrees of satisfaction until the performance of the product matches his expectations. Customer’s satisfaction with a product depends on the product’s performance relative to the buyer’s expectations. If the performance of the product falls short of his expectations the customer is dissatisfied. If the performance of the product matches his expectations the customer is satisfied. If the performance of the product exceeds his expectations the customer is highly satisfied. Customer Satisfaction can be achieved through quality, value and service. For a customer-centered company customer satisfaction is both a goal as well as a major factor in the company’s success. Companies that achieve high customer satisfaction ratings must make sure that their target customers come to know of it. The companies must realize that highly satisfied customers produce several benefits to the company.
  • 28. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 28 They are fewer prices – sensitive and they remain customers for the longer period. They also talk favorably to the others about the company and its product and services. Although customer-centered firms seek to deliver a high level of customer satisfaction than their competitors, they do not attempt to maximize the customer satisfaction. A company can always increase customer satisfaction by lowering the price and increasing its services. But this may result in lower profits. The company may be able to increase profitability along with customer satisfaction by improving its manufacturing or investing on the R & D. Satisfaction is the customer’s fulfillment response. It is a judgment that a product or service feature, or the product or service itself, provides a pleasurable level of consumption-related fulfillment. In less technical terms, we translate this definition to mean that satisfaction is the customer’s evaluation of product or service in terms of whether that product or service has met their needs and expectations. Failure to meet needs and expectations is assumed to result in dissatisfaction with the product or service. In addition to a sense of fulfillment in the knowledge that one’s needs have been met, satisfaction can also be related to other types of feelings, depending on the particular context or type of service. For example, satisfaction can be viewed as contentment – more of a passive response that consumers may associate with services they don’t think a lot about or services that they receive routinely over time. Satisfaction may also be associated with feelings of pleasure or services that make the consumer feel good or associated with a sense of happiness. For those services that really surprise the consumer in a positive way, satisfaction may mean delight. And in some situations, where the removal of a negative leads to satisfaction, the consumer may associate a sense of relief with satisfaction. It is also important to recognize that although were tend to measure customer satisfaction at a particular point in time as if it were static. Satisfaction is dynamic, moving target that may evolve overtime. Influenced by a variety of factors. Particularly when product usage or the service experience takes place over time, satisfaction may be highly variable depending on which point in the usage or experience cycle one is focusing on. Similarly, in the case of very new services or a service not previously experienced, customer expectations may be barely forming at the point of initial purchase; these expectations will solidify as the process unfolds and consumer begins to form his or her perception. Through the service cycle the consumer may have a variety of different experiences some good, some not good-and each will ultimately impact satisfaction.
  • 29. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 29 What determines Customer Satisfaction? Customer Satisfaction is influenced by specific product or service features and by perceptions of quality as suggested. Satisfaction is also influenced by customer’s emotional responses, their attributions, and their perceptions of equity. Product and service features Customer Satisfaction with a product or service is influenced by significantly by the customer’s evaluation of product or service features. Research has shown that customers of services will make trade-offs among different service features (for example, price level versus quality versus friendliness of personnel versus level of customization), depending on the type of service being evaluated and criticality of service. Customer Emotion Customer’s emotions can also affect their perceptions of satisfaction with products and services. These emotions can be stable, preexisting emotions. Attributions for Service success or failure Attributions- the perceived causes of events – influence perceptions of satisfaction as well. When they have surprised by an outcome, consumer tend to look for the reasons, and their assessments of the reasons can influence their satisfaction. National Customer Satisfaction Indexes Because of the importance of customer satisfaction to firms and overall quality of life many countries have a national index that measures and tracks customer satisfaction at a macro level. Many public policy makers believe that these measures could and should be used as tools for evaluating the health of the nation’s economy, along with traditional measures of productivity and price. Customer Satisfaction indexes begin to get at the quality of economic output, whereas more traditional economic indicators tend to focus only on quantity. Customer Expectations of Service Customer Expectations are beliefs about service delivery that functions as standards or reference points against which performance is judged. Because customers compare their perceptions of
  • 30. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 30 performance with these reference points when evaluating service quality, through knowledge about customer expectations is critical to services marketers. Knowing what the customer expects is the first and possibly most critical step in delivering quality service. Being wrong about what customers want can mean expending money, time, and other resources on things that do not count to the customer. Being wrong can even mean not surviving in a fiercely competitive market. Customer Perceptions How customers perceive services, how they assess whether they have experienced quality service, and whether they are satisfied. Customers perceive services in terms of the quality of the service and how satisfied they are overall with their experiences. These customer – oriented terms – quality and satisfaction have been the focus of attention for executives and researchers a like over the last decade or more. Companies today recognize that they can compete more effectively by distinguishing themselves with respect to service quality and improved customer satisfaction. Satisfaction versus Service quality Practitioners and writers in the popular press tend to use the terms satisfaction and quality interchangeably, but researches have attempted to be more precise about the meanings and measurements of the two concepts, resulting in considerable debate. Consensus is growing that the two concepts are fundamentally different in terms of their underlying causes and outcomes. Although the certain things in common, satisfaction is generally viewed as a broader concept, whereas service quality assessment focuses specifically on dimensions of service. Based on this view, perceived service quality is a component of customer satisfaction. Methods of measuring Customer Satisfaction A company’s tools for tracking and measuring Customer Satisfaction range from Primitive to the sophisticated methods. Companies use following methods to measure how much Customer Satisfaction they are creating.
  • 31. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 31 Complaint & Suggestion Systems: A customer centered organization would make it easy for its customers who deliver suggestion and complaints. Many restaurants and hotels provides from guests to report their likes and dislikes. Some companies establish customer hot line with toll-free numbers to maximize the ease with which customers can inquire, make suggestions or complaints. This inform action flows provide this companies with many good ideas and enable then to act more rapidly to resolve problems. Customer Satisfaction Survey: A company may not conclude that it can get a full picture of customer satisfaction and dissatisfaction by simply running a compliant and suggestion system. Companies cannot use complaint level as a measure of customer satisfaction. Responsive companies obtain a direct measure of the customer satisfaction by conducting surveys. They send questionnaires or make phone call to random sample of their recent customer to find out how they feel about various aspects of the company’s performance. They will solicit buyer’s view on the competitors. Customer Satisfaction can be measured in a number of ways. It can be measured directly by asking indicate how satisfied you are with service X on the following scale. Highly Dissatisfied Dissatisfied Indifferent Satisfied Highly Satisfied Respondents can be asked as well to rate how much they expected of a certain attribute and also how much they expected it. (Derived Satisfied) Another method is to ask respondents to list any problems they have had with the offer and to list any improvements they could suggest. (Problem Analysis).Finally, companies could ask respondents to rate various elements of the offer in terms of the importance of each element and how well the organization performed each element. (Importance, Performance rating). The last method helps the company to know if it is under – performing on important elements and over – performing on relatively unimportant elements.
  • 32. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 32 While collecting customer satisfaction data it would be useful asking additional questions to measure the customer’s repurchase intention. This will normally be high if the customer satisfaction is high. It would be useful to measure the likelihood or willingness to recommend the company and brand to other persons. A high positive word or mouth score indicates that the company is producing high customer satisfaction Satisfaction: Satisfaction is a function of perceived performance and expectation. If the performance matches the expectations the customer is satisfied. If the performance exceeds the expectations the customer is highly satisfied and delighted. If the performance does not match the expectations the customer is dissatisfied. Satisfaction is a person’s feelings of pleasure or disappointment resulting from comparing a products perceived performance (out-come) in relation to his/her expectation. The link between customer satisfaction and customer loyalty is proportional. The key to generating high customer loyalty is to deliver high customer value. A company’s value proposition is much more than it’s positioning on a single attribute. Most of the successful companies are raising expectations and delivering performances to match. These companies are aiming for TCS – Total Customer Satisfaction. Customer satisfaction is both a goal and a marketing tool. Companies that achieve high customer satisfaction ratings make sure that their target market is known. Customer Satisfaction may be defined as a qualitative measure where in a customer experiences various degrees of satisfaction until the performance of the product matches his expectations. Product & service features along with emotions of customer play a vital role on level of satisfaction. American Customer Satisfaction Index (ACSI), developed by researcher at the National Quality Research Center at the University of Michigan, is a measure of quality of goods and services as experienced by consumers. The study is to find out the level of Customer Satisfaction on sales towards the Maruti vehicle. And to find out the Satisfaction on the performance of Varun motors. To find out this, I have done the survey.
  • 33. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 33 Customer Survey: Finding out the customer satisfaction on sales towards Maruti vehicle with reference to Maruti Suzuki Ltd. Finding out the customer satisfaction on dealership performance towards SEVA AUTOMOTIVE PVT LTD. For this survey, I have prepared a questionnaire; through this I collected data from customers. Sample Size of survey is 100 consumers. By analyzing these questionnaires, I found out the level of customer sales satisfaction on Maruti. In this report, I explained the analysis of questionnaire through graphs and tables. Methodology used in collection of data is; 1. Survey Research method 2. Primary source of Data · Questionnaires · Direct Interviewing 3. Secondary Source of Data · Text books · Internet · Newspapers · Magazines
  • 34. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 34 Chapter 5 RESEARCH METHODOLOGY
  • 35. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 35 METHODOLOGY Data collection is most essential aspect of any research because the whole result of research depends on the data and information hence, the methodology adopted by me to collect the data final interpretation were through. 1. Survey Research: This kind of research finds favor with almost all the social science researches. It is one of the most popular methods of investigation, because a study of the attributes and variables in relation to the population (The entire group of people, inhabitants, items etc…under study) is easier and is more accurate. Its suffers from a negligible magnitude of error. Now-a-days sample survey has become an effective method for research. This is possible with the help of personal interviews which are backed by questionnaires, direct oral observations. Indirect oral observations and etc… 2. Primary source of Data: Meaning: Primary sources of data are the data which needs the personal efforts to collect it and which are not readily available. Primary sources of data are the other type of sources through which the data was collected. Following are few ways in which the data was collected: a) Questionnaires: Its set of questions on a sheet of paper was being given to the respondents of fill it, based on which the data was interpreted. b) Direct Interviewing: Direct interviewing involved the process where I asked the questions directly to the customers and got the feedback. 3. Secondary Source of Data: Secondary sources are the other important sources through which the data were collected. These are the readily available sources of the data where one had need not put much effort to collect,
  • 36. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 36 because it is already been collected and part in an elderly manner by some researchers, experts and socialites. The secondary sources helpful for study were: Text books like Marketing Management, Research Methodology, Advertisement and Sales Promotion. Internet was made use for the collection of the data. Newspapers were also referred. Business Magazines also referred. Some journals were also referred. 4. Library Survey: This was also undertaken for the collection of data. This type of research is based on books like periodical, journals, documentations, and secondary data etc… which are available in the library. 5. Sample Size: By using judgment Random Sampling Technique 100 respondents are selected for the purpose of the study. Direct questionnaires are used to survey the customers. 6. Period of the Study: The Study is undertaken in the month of 25th May 2014 to 24th July 2014.
  • 37. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 37 Chapter 6 DATA ANALYSIS AND INTERPERTATION
  • 38. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 38 SATISTICAL TOOLS Data Collection Data is collected with prepared questionnaire by arranging personnel interviews when customers are taking their vehicle at the delivery counter in the SEVA AUTOMOTIVE LTD showroom. Data Analysis Consider the manner of data collection adopted the study analyzed the data on a qualitative basis by decipher in individual opinion various options collected from respective respondents are analyzed separately. Data Interpretation The data collection from each and every user is analyzed and interpreted individually then compared together and presented in the form of tables and charts. In each table the total respondents for particular questions predicted among them. The alternative answers were for the particular questions are traced. The high percentage of the answer is taken has correct answer then the data for that answer has been analyzed. MODEL OF THE CAR OWNED BY THE RESPONDENTS The below table shows the all Maruti brand models, and table showing that model of thecar owned by the respondents. S. No Models No. of Respondents Percentage 1 OMNI 08 8% 2 ALTO 800 32 32% 3 WAGNOR 07 7% 4 SWIFT 13 13% 5 SWIFT DESIRE 19 19% 6 A-STAR 02 2%
  • 39. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 39 7 RITZ 3 3% 8 ERTIGA 4 4% 9 CELERIO 12 12% Total No. of Respondents 100 100% Table.6.1.Model of the car owned by the respondents Chart .6.1.Model of the car owned by the respondents Interpretation: From the above evident, we can say that most selling car in Maruti is Alto 800, having the 32 respondents here. And next most selling vehicles are the Maruti Swift Desire, Swift & Celerio, having 19, 13 & 12 respondents respectively. And next vehicle is Omni , having 09 respondents over here. Wagon R has only 07 respondents, and other models have less sales according to this study. 0 5 10 15 20 25 30 35 CAR MODELS % OF RESPONDERS Modelof New Car Purchased OMNI ALTO 800 WAGNOR SEIFT S.DESIRE A-STAR RITZ ERTIGA CELERIO
  • 40. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 40 Knowledgeable Salesperson: No. of Respondents Percentage Strongly Disagree 0 0% Disagree 0 0% Agree 86 86% Strongly Agree 14 14% Total No. of Respondents 100 100% Table.6.2. Knowledgeable Salesperson Chart .6.2. Knowledgeable Salesperson Interpretation: 86% people agreed that the sales persons are knowledgeable and 14% disagreed that the sales persons are knowledgeable. 0 20 40 60 80 100 No of Respondents % of Respondents Knowledgeable Salesperson strongly Disagree Disgree Agree Strongly Agree
  • 41. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 41 Employees Spent Enough Time with you Before & After Sales : No. of Respondents Percentage Strongly Disagree 0 0% Disagree 0 0% Agree 64 64% Strongly Agree 36 36% Total No. of Respondents 100 100% Table 6.3.Employees Spent Enough Time with you Before & After Sales Chart. 6.3.Employees Spent Enough Time with you Before & After Sales Interpretation: 60% agreed that sales persons spent enough time with them during the sales , while 26% strongly agreed that the sales persons spent enough time with them during sales and only 14% disagreed with this. 0 20 40 60 80 No of Respondents % of Respondents Employees Spent Enough Time with you Before & After Sales strongly Disagree Disgree Agree Strongly Agree
  • 42. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 42 Availability of the Product : No. of Respondents Percentage Strongly Disagree 0 0% Disagree 4 4% Agree 91 91% Strongly Agree 5 5% Total No. of Respondents 100 100% Table.6.4.Availability of the Product Chart .6.4.Availability of the Product Interpretation: 91% agreed that the availability of the product was there, 5% strongly agreed that the availability was there while only 4% said they disagreed with this. 0 10 20 30 40 50 60 70 80 90 100 No of Respondents % of Respondents Availability of the Product strongly Disagree Disgree Agree Strongly Agree
  • 43. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 43 Price of your MARUTI SUZUKI vehicle: price No. of Respondents Percentage High 6 6% Reasonable 37 37% Low 57 57% Total No. of Respondents 100 100% Table .6.5.Price of your MARUTI SUZUKI vehicle Chart .6.5.Price of your MARUTI SUZUKI vehicle Interpretation: From the above evident, we can say that 57% respondents are saying that price of Maruti is low, and 37% respondents are saying that price of Maruti is reasonable and remaining 6% are saying that price is high. From this we can say that 94% are saying that Maruti price is satisfied. 0 10 20 30 40 50 60 No of Respondents % of Respondents Price of your MARUTI SUZUKI vehicle High Reasonable Low
  • 44. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 44 Respondents Feeling on Price of Spare Parts: The below table shows that respondents feeling on the price of spare parts of the Maruti vehicle, that shows the satisfaction level of the respondents. price No. of Respondents Percentage High 8 8% Reasonable 24 24% Low 68 68% Total No. of Respondents 100 100% Table .6.6.Price of your MARUTI SUZUKI vehicle Chart.6.6.Price of your MARUTI SUZUKI vehicle Interpretation: From the above evident, we can say that 68% respondents are saying that price of spare parts of the Maruti is low, and 24% respondents are saying that price of spare parts of Maruti is reasonable and remaining 8% are saying that price is high. From this we can say that 92% are saying that Maruti price of spare parts is satisfied. 0 10 20 30 40 50 60 70 80 No of Respondents % of Respondents Respondents Feeling onPrice of Spare Parts High Reasonable Low
  • 45. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 45 Service At Maruti Service StationIs Excellent: No. of Respondents Percentage Strongly Disagree 0 0% Disagree 4 4% Agree 82 82% Strongly Agree 14 14% Total No. of Respondents 100 100% Table 6.7.Service At Maruti Service Station Is Excellent Chart.6.7.Service At Maruti Service Station Is Excellent Interpretation: 82% said that the service at Maruti service station is excellent , 14% strongly agreed while only 4% disagreed with this. 0 10 20 30 40 50 60 70 80 90 No of Respondents % of Respondents Service At Maruti Service StationIs Excellent strongly Disagree Disgree Agree Strongly Agree
  • 46. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 46 Respondents Expectations on MARUTI SUZUKI Vehicle: The table below shows that respondents expectations on Maruti vehicle to keep. How Long You Will Use No. of Respondents Percentage 1-2 Years 5 5% 2-4 Years 15 15% 4-8 Years 68 68% 8 Years & above 12 12% Total No. of Respondents 100 100% Table .6.8.Respondents Expectations on MARUTI SUZUKI Vehicle Chart .6.8.Respondents Expectations on MARUTI SUZUKI Vehicle Interpretation: From the above evident it is observed that 5% and 15% of the consumers keep their vehicle 1- 2years and 2-4years respectively, and 68% and 12% of consumers keep their vehicle for 4-8years and 8years & above. 0 20 40 60 80 No of Respondents % of Respondents Respondents Expectations on MARUTI SUZUKI Vehicle 1-2 year 2-4 year 4-8 year 8 & above yr
  • 47. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 47 Feeling of the Respondents while Driving MARUTI SUZUKI The below table shows that how respondents feel comfortable while driving the Maruti vehicle. Particulars No. of Respondents Percentage More comfortable 20 20% comfortable 68 68% Less comfortable 11 11% Un comfortable 1 1% Total No. of Respondents 100 100% Table.6.9.Feeling of the Respondents while Driving MARUTI SUZUKI Chart.6.9.Feeling of the Respondents while Driving MARUTI SUZUKI Interpretation: From above evident, it is observed that 20% of them feel more comfortable, 68% of respondents feel comfortable, and 11% of them feel less comfortable 0 20 40 60 80 No of Respondents % of Respondents Feeling of the Respondents while Driving MARUTI SUZUKI More comfortable Comfortable Less Comfortable Un Comfortable
  • 48. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 48 Information About Service Offered by MARUTI SUZUKI: The below table shows that how respondents get information regarding the service offered by the company to them. Particulars No. of Respondents Percentage Yes 95 95% No 05 5% Total No. of Respondents 100 100% Table.6.10.Information About Service Offered by MARUTI SUZUKI Chart 6.10.Information About Service Offered by MARUTI SUZUKI Interpretation: From the above chart we observe that 95% of the respondents feel that information regarding free service is provided them. 95% 5% Information About Service Offeredby MARUTI SUZUKI YES NO
  • 49. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 49 Respondents View on Mileage ofMARUTI SUZUKI Vehicle: The below table shows how respondents feel on mileage of the Maruti vehicle when compaired to the other brand cars. Particulars No. of Respondents Percentage Excellent 20 20% Good 54 54% Average 26 26% Below average 0 0% Total No. of Respondents 100 100% Table.6.11.Respondents View on Mileage of MARUTI SUZUKI Vehicle Chart.6.11.Respondents View on Mileage of MARUTI SUZUKI Vehicle Interpretation: From the above evident, we can say that 20% and 54% of the respondents feel mileage of the Maruti’s brand is excellent and good respectively when compaired to other brands of vehicles, and 26% of respondents feel mileage given by Maruti is average. 0 10 20 30 40 50 60 No of Respondents % of Respondents Respondents View on Mileage ofMARUTI SUZUKI Vehicle Excellent Good Average Below average
  • 50. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 50 Feedback onDealership(SEVA) Facility: The below table shows that the respondents feelings on the SEVA AUTOMOTIVE PVT.LTD. dealership facility. SEVA Dealership Facility No. of Respondents Percentage Outstanding 79 79% Acceptable 19 19% Average 02 2% Un Acceptable 0 0% Total No. of Respondents 100 100% Table.6.12.Feedback on Dealership (SEVA) Facility Chart.6.12.Feedback on Dealership (SEVA) Facility Interpretation: From the above chart, we can say that 79% respondents are given best ranking for SEVA AUTOMOBILE PVT.LTD. dealership and 19% respondents are given good ranking that is accepting and remaining 2% are saying that average. 0 50 100 No of Respondents % of Respondents DealerPerformance (SEVA) Outstanding Acceptable Average Un Acceptable
  • 51. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 51 Chapter 7 FINDINGS AND SUGGESTIONS
  • 52. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 52 FINDINGS:  Most of the respondents believe that Maruti is good.  62% of the respondents said that performance of the executives is good.  57% respondents feel the price is very low, 68% of feel the price of spare parts is less  78% respondents feeling on convenience of service network of Maruti.  68% respondents expectations on Maruti vehicle to keep it for 4-8yrs  68% respondents feel comfortable while driving the Maruti vehicle.  59% respondents feel on the total performance of the Maruti vehicle when compaired to the other brand cars.  95% respondents get information regarding the service offered by the company to them.  79% respondents are given best ranking for SEVA AUTOMOTIVE PVT LTD dealership SUGGESTIONS:  More test drives should be offered.  Maruti Company has to frame new strategies to gain all the potential customers.  Maruti dealers have to come up some potential activities, schemes and offers to attract people.  Service advisers need training and motivate them.  Maruti has to improve the different promotional activities through effective media.  Should put in more efforts to promote Maruti Finance , Autocard and Accessories.
  • 53. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 53 Chapter 8 CONCLUSIONS
  • 54. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 54 CONCLUSIONS:  Most of the buyers are professionals and business people using the Maruti cars.  Most of the respondents are saying that main reasons for buying Maruti are trust Worthy and good for Indian roads.  About 94% the customers feel that the price of vehicle is affordable.  99% of the respondents are highly satisfied with service network of Maruti.  Many of the Maruti car buyers are high middle class people, like to keep there Vehicle 4years above. But professionals and business people like to change there Vehicle after 2years.  95% of customers feel that they are getting information regarding free service provided by the Maruti.  98% of the respondents are saying that SEVA AUTOMOTIVE PVT.LTD. performance is Outstanding.
  • 55. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 55 Chapter 9 BIBLIOGRAPHY
  • 56. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 56 BIBLIOGRAPHY: Name of the Books: 1. C.R. Kothari Research methodology Methods & Techniques.(2006). 2. Phillip Kotler Marketing Management 11e Pearson. (2007). 3. Phillip Kotler Marketing Management 12e & 13e Pearson. (2008). Magazine: 1. Business Today: Customer value, satisfaction, loyalty and switching costs. 2. Autocar 3. MARUTI SUZUKI annual report 2013-14. WEBSITES 1. Www.learn marketing.com 2. Www.maruti Suzuki.com 3. Www. Wikipedia.com 4. WWW.Machinist360.com
  • 57. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 57 Chapter 10 QUESTIONNAIRE
  • 58. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 58 QUESTIONNAIRE Dear Sir, I am the student of SINHGAD INSTITUTE OF MANAGEMENT,PUNE. conducting a survey on MARUTI SUZUKI in WARDHA city. I would like to share some views and ideas with you. Name : ………………………………… Profession : ………………………………… Address : ………………………………………… 1. Which model MARUTI SUZUKI car do you own ?  OMNI ( )  ALTO 800 ( )  WAGNOR ( )  SWIFT ( )  Wagon-R ( )  Swift ( )  Swift Desire ( )  A-star ( )  ERTIGA ( )  CELERIO( ) 2. Salesperson of MARUTI SUZUKI is knowledgeable? 3. Employees spent enough time with you, before & after sales? Strongly Disagree ( ) Agree ( ) Disagree ( ) Strongly Agree ( ) Strongly Disagree ( ) Agree ( ) Disagree ( ) Strongly Agree ( ) 4. MARUTI SUZUKI product availability is good ? Strongly Disagree ( ) Agree ( ) Disagree ( ) Strongly Agree ( ) 5. Price of your MARUTI SUZUKI vehicle? High ( ) Reasonable ( ) Low ( )
  • 59. Study of Customer Satisfaction Towards Services Offered By Maruti Suzuki in Wardha City 59 6. Price of spare parts to your MARUTI SUZUKI? High ( ) Reasonable ( ) Low ( ) 7. Service at MARUTI SUZUKI service station is excellent? Strongly Disagree ( ) Agree ( ) Disagree ( ) Strongly Agree ( ) 8. How long you will use MARUTI SUZUKI vehicle? 1-2 year ( ) 2-4 year ( ) 4-8 year ( ) 8 yr & above ( ) 9. How do you feel when you drive yours MARUTI SUZUKI car? More comfortable ( ) Less comfortable ( ) Comfortable ( ) Un comfortable ( ) 10. Do you get information about the free service offered by the company? From time to time? Yes ( ) No ( ) 11.Please rank the mileage of the Car when compared to others? Very good ( ) Good ( ) Average ( ) Below average ( ) 12.How do you feel on SEVA AUTOMOTIVE PVT.LTD dealership facility? Outstanding ( ) Acceptable ( ) Average ( ) Un acceptable ( )