1
Chapter 1:
profile of the industry
and organization
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Chapter 1: Profile of the Industry and Organization
1.1 About the Industry:
The automotive industry is a wide range of companies and organizations involved
in the design, development, manufacturing, marketing, and selling of motor
vehicles, some of them are called automakers. It is one of the world's most
important economic sectors by revenue. The automotive industry does not include
industries dedicated to the maintenance of automobiles following delivery to the
end-user, such as automobile repair shops and motor fuel filling stations.
The term automotive was created from Greek autos (self), and Latin motives (of
motion) to represent any form of self-powered vehicle. This term was proposed
by Elmer Sperry. Around the world, there were about 806 million cars and light
trucks on the road in 2007, consuming over 980 billion liters (980,000,000 m3) of
gasoline and diesel fuel yearly. The automobile is a primary mode of transportation
for many developed economies. The Detroit branch of Boston Consulting
Group predicts that, by 2014, one-third of world demand will be in the
four BRIC markets (Brazil, Russia, India and China). Meanwhile, in the developed
countries, the automotive industry has slowed down.] It is also expected that this
trend will continue, especially as the younger generations of people (in highly
urbanized countries) no longer want to own a car anymore, and prefer other modes
of transport. Other potentially powerful automotive markets
are Iran and Indonesia. Emerging auto markets already buy more cars than
established markets. According to a J.D. Power study, emerging markets
accounted for 51 percent of the global light-vehicle sales in 2010. The study,
performed in 2010 expected this trend to accelerate. However, more recent reports
(2012) confirmed the opposite; namely that the automotive industry was slowing
down even in BRIC countries. In the United States, vehicle sales peaked in 2000,
at 17.8 million units.
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1.2 About the company:
Mercedes Benz in India was set up in 1994, this was the joint venture of Daimler Benz
and telco for the productions and sales of their cars in India. The first authorized
dealership was set up in March 1997 and the first authorized service station was setup
in august same year. Mercedes Benz India limited was rechristened to Daimler to
Daimler-Chrysler India private limited
Mercedes Benz has become 100% subsidiary of Daimler-Chrysler group in September
2001 and it was one of the first joint ventures set up in India. they have Mercedes
manufacturing plant in Pune and it was declared as the best manufacturing unit outside
Germany many times. This tells the quality of cars produced in India. They 24
authorized dealerships all over India along with their highly equipped service stations
where they provide world class service but charge a world class price also. A Mercedes
Benz authorized service station is equipped to handle an exigency part from regular
servicing and maintenance. Hence you can be assured of efficient, knowledgeable and
professional service.
Corporate vision, mission statement and objectives:
Vision:
Our vision is to be the premier automobile dealership in Ghana, providing exceptional
value to its customers through service of highest quality. Silver Star Auto Ltd is also
committed to continuously increase its market share in the automobile industry by
making Mercedes Benz band of choice.
We will achieve this by providing a supportive work environment that allows its
employees to pursue professional excellence, whilst positively contributing to the work.
With its motor in mind - QUALITY SERVICE, OUR PASSION; customer satisfaction is
its goal and ‘do it right the first time’ is its wisdom.
Silver Star Auto Ltd. values its employees and clients, promotes growth, and
demonstrates integrity and respect.
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Mission statement and objectives:
The mission of Silver Star Auto Limited is to promote the Mercedes-Benz brand by
developing and implementing strategies that result in high sales and exceptional After-
Sales services to our customers in Ghana, leading to optimum return on investment for
our shareholders.
We will achieve this by providing a supportive work environment that allows our
employees to pursue professional excellence, while positively contributing to the
communities that we work in.
SWOT analysis:
Strengths in the SWOT analysis of Mercedes
1. High TOMA: Mercedes is a well-established brand & is part of the “German
Big 3” luxury automakers, along with Audi and BMW, which are the best-
selling luxury automakers in the world. Mercedes focuses its sponsorship
spending on events that attract a well-heeled crowd. Its three pillars are
golf, tennis and New York’s Fashion Week. Mercedes won its first
Constructors’ Championship as the top team in F1 in 2014.
2. Manufacturing facilities worldwide: It has manufacturing facilities across
6 continents and in 26 countries including both for passenger cars & buses
which is helping them to keep their operational cost low & thereby increase
their profit.
3. Continuous product innovation: Daimler parent company of Mercedes has
always been known for its technological advancement right from
introduction of internal combustion engine in 1886 to “Pre-
safe” technology in 2013, Company has travelled far to establish itself in the
premium passenger car/trucks segment. Mercedesis concerned about
safety features of the vehicle.
4. Financial stability: Strong financial position of the parent company Daimler
which has several other world renowned brands is helping the group
companies in minimizing their operational cost by using shared resources.
5. Strong hold in the developing nations: Premium automobile players like
AUDI, BMW etc. who are excelling in the developed economies are being
trailed by Mercedes in developing nations like India. Mercedes is focused
on becoming No.1 player in developing markets & that’s what driving their
growth.
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6. Product portfolio: Mercedes have strong product portfolio ranging from
sedan to SUV which is helping them to compete with other players in the
market.
Weaknesses in the SWOT analysis of Mercedes
1. Expensive After sales service & maintenance: Servicing cost is one of
the important deciding factors which ever vehicle you are planning to buy.
Mercedes servicing cost is high as compared to other players in the same
segment.
2. Conflicting goals of the group companies: It may happen that Daimler
itself being such a big group can fall prey of conflicting objectives of the
group companies which may affect its individual brand.
3. Distribution is stunted – Although Mercedes could expand strongly,
however, it is found to have a stunted growth because it keeps distribution
of its vehicle very much exclusive, which affects its supply and therefore its
brand equity.
Opportunities in the SWOT analysis of Mercedes
1. Growth shifting to Asian markets: Although American & European market
is the pulse of this Industry, but the focus is shifting to developing markets
like China, India & other Asian nations because of rise in disposable
income, changing lifestyle & stable economicconditions.
2. Increase in demand of premium vehicles: Companies like VOLVO, Audi,
BMW etc. are betting high & are targeting the developing nations due to
increase in demand of Luxury public transportation system.
3. Strategic Alliances: This can prove smart strategy for Automobile
companies. By using specialized capabilities & partnering with other
company they can differentiate their offerings.
4. Growing Automobile industry: Automobiles represent freedom and
economic growth.Automobiles allow people to live, work and play in ways
that were unimaginable a century ago. Automobiles provide access to
markets, to doctors, to jobs. Nearly every trip ends with either an economic
transaction or some other benefit to the quality of life.
5. Technological advancement: Developing fuel efficient futuristic
technology & hybrid cars can help Mercedes in emerging as a market
leader globally.
6
Threats in the SWOT analysis of Mercedes
1. Intense Competition from other players in the segment: Presence
of players such as AUDI, BMW, Volvo etc. who are not leaving any
stone unturned to emerge as a global player & leader in most of the
markets.
2. Volatility in the fuel Prices: At least for the passenger segment
fluctuations in the fuel prices remains the determining factor for its growth.
Also government regulations relating the use of alternative fuels like
CNG. Shell gas is also affecting the inventories.
3. Sluggish Economy: Macroeconomic uncertainty, Recession, un-
employment etc. are the economic indicators which will daunt the
automobile industry for a long period of time.
4. High fixed cost and investment in R & D: Due to the fact that mature
markets are already overcrowded, Industry is shifting towards emerging
markets by building facilities, R & D centers but benefit of these decisions is
yet to be capitalized.
5. Government Regulations: Government policies like reduction in global
warming by discouraging the use of personal transportation, reducing the
road permit validity, volatility in fuel prices, restricting the entry of outside
state vehicles are some of the policies/regulation which are already been
implemented in respective regions in the world and is affecting the sector by
& large.
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Chapter-2
Introduction to Study
8
Chapter2: Introduction to Study
A research process consists of stages or steps that guide the project from its conception
through the final analysis, recommendations and ultimate actions. The research process
provides a systematic, planned approach to the research project and ensures that all
aspects of the research project are consistent with each other.
Research studies evolve through a series of steps, each representing the answer to a
key question.
INTRODUCTION
This chapter aims to understand the research methodology establishing a framework of
evaluation and revaluation of primary and secondary research. The techniques and
concepts used during primary research in order to arrive at findings; which are also
dealt with and lead to a logical deduction towards the analysis and results.
RESEARCH DESIGN
I propose to first conduct a intensive secondary research to understand the full impact
and implication of the industry, to review and critique the industry norms and reports, on
which certain issues shall be selected, which I feel remain unanswered or liable to
change, this shall be further taken up in the next stage of exploratory research. This
stage shall help me to restrict and select only the important question and issue, which
inhabit growth and segmentation in the industry.
The various tasks that I have undertaken in the research design process are :
 Defining the information need
 Design the exploratory, descriptive and causal research.
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RESEARCH PROCESS
The research process has four distinct yet interrelated steps for research analysis
It has a logical and hierarchical ordering:
 Determination of information research problem.



Each step is viewed as a separate process that includes a combination of task , step
and specific procedure. The steps undertake are logical, objective, systematic, reliable,
valid, impersonal and ongoing.
EXPLORATORY RESEARCH
The method I used for exploratory research was
 Primary Data
 Secondary data
PRIMARY DATA
New data gathered to help solve the problem at hand. As compared to secondary data
which is previously gathered data. An example is information gathered by a
questionnaire. Qualitative or quantitative data that are newly collected in the course of
research, Consists of original information that comes from people and includes
information gathered from surveys, focus groups, independent observations and test
results. Data gathered by the researcher in the act of conducting research. This is
contrasted to secondary data, which entails the use of data gathered by someone other
than the researcher information that is obtained directly from first-hand sources by
means of surveys, observation or experimentation.
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Primary data is basically collected by getting questionnaire filled by the
respondents.
SECONDARY DATA
Information that already exists somewhere, having been collected for another purpose.
Sources include census reports, trade publications, and subscription services. There
are two types of secondary data: internal and external secondary data. Information
compiled inside or outside the organization for some purpose other than the current
investigation Researching information, which has already been published? Market
information compiled for purposes other than the current research effort; it can be
internal data, such as existing sales-tracking information, or it can be research
conducted by someone else, such as a market research company or the U.S.
government.
Secondary source of data used consists of books and websites
My proposal is to first conduct a intensive secondary research to understand the full
impact and implication of the industry, to review and critique the industry norms and
reports, on which certain issues shall be selected, which I feel remain unanswered or
liable to change, this shall be further taken up in the next stage of exploratory research.
DESCRIPTIVE RESEARCH
STEPS in the descriptive research:
Statement of the problem
 Identification of information needed to solve the problem
 Selection or development of instruments for gathering the information
 Identification of target population and determination of sampling Plan.
 Design of procedure for information collection
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 Collection of information
 Analysis of information
 Generalizations and/or predictions
DATA COLLECTION
Data collection took place with the help of filling of questionnaires. The questionnaire
method has come to the more widely used and economical means of data collection.
The common factor in all varieties of the questionnaire method is this reliance on verbal
responses to questions, written or oral. I found it essential to make sure the
questionnaire was easy to read and understand to all spectrums of people in the
sample. It was also important as researcher to respect the samples time and energy
hence the questionnaire was designed in such a way, that its administration would not
exceed 4-5 mins. These questionnaires were personally administered.
The first hand information was collected by making the people fill the questionnaires.
The primary data collected by directly interacting with the people. The respondents were
contacted at shopping malls, markets, places that were near to showrooms of the
consumer durable products etc. The data was collected by interacting with 200
respondents who filled the questionnaires and gave me the required necessary
information. The respondents consisted of housewives, students, businessmen,
professionals etc. the required information was collected by directly interacting with
these respondents.
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DETERMINATION THE SAMPLE PLAN AND SAMPLE SIZE
TARGET POPULATION
It is a description of the characteristics of that group of people from whom a course is
intended. It attempts to describe them as they are rather than as the describer would
like them to be. Also called the audience the audience to be served by our project
includes key demographic information (i.e.; age, sex etc.).The specific population
intended as beneficiaries of a program. This will be either all or a subset of potential
users, such as adolescents, women, rural residents, or the residents of a particular
geographic area. Topic areas: Governance, Accountability and Evaluation, Operations
Management and Leadership. A population to be reached through some action or
intervention; may refer to groups with specific demographic or geographic
characteristics. The group of people you are trying to reach with a particular strategy or
activity. The target population is the population I want to make conclude an ideal
situation; the sampling frames to matches the target population. A specific resource set
that is the object or target of investigation. The audience defined in age, background,
ability, and preferences, among other things, for which a given course of instruction is
intended.
I have selected the sample trough Simple random Sampling
SAMPLE SIZE:
This involves figuring out how many samples one need.
The numbers of samples you need are affected by the following factors:
 Project goals
 How you plan to analyze your data
 How variable your data are or are likely to be
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 How precisely you want to measure change or trend
 The number of years over which you want to detect a trend
 How many times a year you will sample each point
 How much money and manpower you have
SAMPLE SIZE
I have targeted 100 people in the age group above 20 years for the purpose of the
research. The target population influences the sample size. The target population
represents the New Delhi region. The people were from different professional
backgrounds.
The details of our sample are explained in chapter named primary research where the
divisions are explained in demographics section.
ERRORS IN THE STUDY
Interviewer error
There is interviewer bias in the questionnaire method. Open-ended questions can be
biased by the interviewer’s views or probing, as interviewers are guiding the respondent
while the questionnaire is being filled out. The attitudes the interviewer revels to the
respondent during the interview can greatly affect their level of interest and willingness
to answer openly. As interviewers, probing and clarifications maximize respondent
understanding and yield complete answers, these advantages are offset by the
problems of prestige seeking, social desirability and courtesy biases.
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Questionnaire error
The questionnaire designing has to careful so that only required data is concisely
reveled and there is no redundant data generated. The questions have to be worded
carefully so that the questions are not loaded and does not lead to a bias in the
respondents mind
Respondent error
The respondents selected to be interviewed were not always available and willing to co
operate also in most cases the respondents were found to not have the knowledge,
opinion, attitudes or facts required additionally uninformed response errors and
response styles also led to survey error.
Sampling error
We have taken the sample size of 100, which cannot determine the buying behavior of
the total population. The sample has been drawn from only National Capital Region.
RESEARCH DESIGN
Research design is a conceptual structure within which research was conducted. A
research design is the detailed blueprint used to guide a research study towards its
objective. It is a series of advanced decision taken together comprising a master plan or
a model for conducting the research in consonance with the research objectives.
Research design is needed because it facilitates the smooth sailing of the various
research operations, thereby making research as efficient as possible yielding
maximum information with the minimum effort, time and money.
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Scope and the Limitation of the study
 The scope of study is limited to the respondents are selected from in and around
Hyderabad
.
 The project is carried out for the period of 8 weeks only.
 Measurement of customer satisfaction is complex subjects, which uses non-
objectives method, which is not reliable.
 The sample unit was also 100 respondents.
 However, Mercedes-Benz showrooms are located in other places i.e. locally and
even in the neighboring states. Only opinion of respondents of HYDERABAD
was consider for finding out the opinions of respondents.
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Chapter 3:
Review of Literature
17
Chapter 3: Review of Literature
To create fascination and brand identity: that's the objective of the Mercedes-Benz design
philosophy, oriented towards long-term effect rather than short-lived trends, it taps into a
“gene pool” of brand-typical style elements in the sense of a living tradition. At the end of this
process is the car as an individual space for living.
For Mercedes-Benz, designis literallya trademark. Because for over 100 years, design has
characterized the image of the brand with the three-pointed star and has made visible typical
Mercedes brand values such as fascination, responsibility and perfection. Insofar, design
has important tasks on two counts – and Mercedes design has fulfilled them for many years
now very successfully: the car's lines fascinate not only because of the product itself, they
also serve as a mirror of the philosophyand profile of the Stuttgart-based automotive brand.
In other words: design makes brand values visible – and sets its mark on them.
Design should also awaken passion, passion for the automobile and the wish to possess a
model. “Love at first sight” has long been a slogan with a great reality content in the
automotive trade. After arousing love at first sight, one of the main tasks of the designers is
to create a lasting relationship and maintain the love affair over many years. The
psychological arc goes from acquaint to recognize to brand awareness. It is not only a
question of creating shapely, functional individual products, but of generating brand identity
at the same time.
Identity and continuity
However, in order to build up and care adequately for such a successful brand image, long-
term strategies and conceptual continuityare essential. New Mercedes models must indeed
formally create a bridge to the future, but at the same time their lines may not abandon their
origin. This guarantees that every new Mercedes-Benz possesses a clearly recognisable
identity and shows its pedigree at the first glance. Although every model displays
unmistakable analogies with its predecessors, it shows a clear formal further development
and heralds a new design era.
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Given that a product life spanof around 20 years is quite realistic for Mercedes automobiles,
the designers must not indulge in passing fancies. The high market value which Mercedes-
Benz passenger cars retain even after many years on the road is due not least to the fact
that a previous model of Mercedes-Benz does not automatically “look” old. Even when new
models come out in a model series, they don't detract from their predecessors, which
continue to be desirable, in particular because of the enduring appeal of their design.
A Mercedes-Benzis always recognizable as a Mercedes-Benz. Meticulously and with great
care, Mercedes-Benz designers ensure that certain style features, while being further
developed, are retained intheir basic form. Designers thenspeak of the brand's “gene pool”.
This is what they tap into, to care for and protect the style of the brand.
A good example of this is the typical Mercedes radiator grille – a feature which has identified
and rendered unmistakable the motor car with the three-pointed star for over 100 years.
Over this long span of time the radiator grille has been repeatedly developed further in a
formal sense. Both inits basic proportions and in its details the designers try to interpret this
identifying feature anew, creating a fresh, modern image.
Trends and reality
Recognizing and shaping trends are important tasks of the auto designers. They live in the
present, but their realm of action is the future. This calls for a very sensitive perception for
changes in customers' life habits, for people's new attitudes towards their daily life and for
those tendencies concerning form and colour made evident in other sectors such as the
furniture industry or the electronics sector, for example. Or for impulses coming from other
cultures; this is why Mercedes designers do not only work in Germany, but in Italy, Japan,
China and the USA as well. The automaker has set up Advanced Design Studios at all
these locations, to act as a sort of seismograph and pick up stylistic trends on site and
analyse them to process them creatively. A key issue here is the ability to intuitively grasp
that which can attain formal timelessness, and to develop a sensitivity for important,
sustainable tendencies in art, culture and society.
However, having a vision for the future and being able to sense new trends is not enough.
Because behind the manifold, diffuse wealth of future ideas on offer there lies the question
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of which of the currents does a brand like Mercedes-Benz want to allow itself to be
influenced by. For Mercedes-Benz it has always been decisive to be, not fashionable, but
modern.
That's why what is important is to distinguish between short-lived tendencies and long-term
developments and thus identify customers' authentic expectations for the future. Mercedes
designers therefore do not need trend counseling but rather a well-founded prognosis and
concrete answers to the questions as to how people will live tomorrow, how they will
consume and – in particular – how to enthrall and inspire future customers. The challenge
consists in reflecting about possible future developments and to think further – beyond the
reality that bears the seal of trends and fashion.
Passion and practicality
This aspect is probably the most important and interesting of those that determine the work
of automotive designers. It is all about people, or, more specifically, about customers and
their personality. Because driving a car today means a lot more than reaching your
destination in safety and comfort. Today, more than ever, the emphasis is on making the
journey itself an experience that is enjoyable because one feels at ease in one's car, and
because the car goes well with one's lifestyle – and because it is also possible to express
style very well by means of the car. More than ever, the sensory perception of a product
therefore plays an exceptional role.
Experience and enjoyment
Keeping the fascination for what is beautiful alive over the years is also one of the most
important tasks of the interior designers. Its importance for design work is increasing. The
interior of a car is conceived as a space for living, one where a lot of time is spent. That is
why a pleasant environment is playing an increasingly important role in the motor car, too.
There is no doubt about it: customers have become both more demanding and more
discerning over the years in this respect. They not only want a wide choice of possible
appointments from which to pick precisely that which suits their individual taste and
personality. They now also set greater store by the use of high-quality materials and
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precision workmanship. These of course help convey, whilst also making more tangible,
values such as aesthetics, comfort and quality as part of the overall visual impression.
The objective of the interior designers at Mercedes-Benzcan be summed up in a few words:
one gets into the car, closes the doors and immediately feels at home
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Chapter4:
Data analysis and
interpretation
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Chapter 4: Data analysis and interpretation
How Big Data Analytics Innovates Brand Marketing
Fostering relationship will require businesses to understand the needs and preferences
of their customers. This is crucial for brand marketing as it helps an online business to
have a specific target market that it knows better in terms of their customer purchasing
preferences and related shopping activities. For many years, companies have already
collected linear data for digital marketing. However, as digital technology evolves and
grow, big data analytics came and it innovates how the brand marketing approach is
done by most prominent brands in the industry today.
A new form of data analytics has emerged, infusing brand marketing campaigns with
more accurate analysis on how brands can connect and interact with their target
consumers and market. Instead of linearly collecting data, the new approach for brand
marketing is utilizing circular data analysis, which involves understanding customer
behaviors, shopping activity, and preferences for a product, service or brand. For every
Likes or re-tweet of potential customers to a brand’s Facebook or Twitter page, the data
analytics system processes the crucial metrics that set aside specific parameter results
to understand your customer’s patterns of preferences for digital products and services.
Businesses are driven towards satisfying their customers and big data analytics make
the process easier. It makes digital marketers more competent in delivering accurate
results in their digital marketing campaign by providing their customers the kind of
products they want and need. Many companies have been relying mainly on their gut in
terms of determining what products and services customers may want and like. This
becomes their marketing campaigns ineffective. With big data analytics, data reports
provide leads that can help marketers understand customer behavior more accurately.
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The Infusion of Big Data to Brand Marketing
The massive influx of data provides numerous information that are helpful to brand
companies in determining the various aspects of product improvement and delivering
specific services relevant to customers that will yield better profit for them. Big data
provide a window of opportunity for brand companies to know what products their target
customers are passionate about, their wants, preferences and shopping behavior.
Amazon, for instance, is using a new scheme of collecting big data by launching its
Price Check application that allows the consumers to use the app in checking for
Amazon.com product prices. By a simple click of this app, it brings back a massive
influx of information regarding the consumer purchasing habits, location and interests.
With big data on hand, brand companies will be able to improve the experience of their
customers when interacting with their products and services. By infusing big data
analytics, it is easier for marketers to know about their competitors and how to improve
their digital marketing strategies that will bring their brand closer to their customers. The
data collected is a company’s asset because by analyzing the collected data, valuable
customer information is extracted that companies use to build stronger relationship with
their target customers.
Using big data analytics for brand marketing:
The ultimate goal in utilizing big data in optimizing brand marketing is to understand
what data is valuable to your marketing goals. There are major benefits in using big
data as follows:
1. Big data can help enrich a brand company’s marketing model and customer
engagement. Branding can be improved by using the data acquired from customers’
shopping and purchasing behavior. This can help marketers understand how to
personalize a customer’s shopping experience and undertake a more
personalization approach to the company’s marketing model for better customer
engagement.
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2. Big data analytic point out the existing marketing flaws. Brand marketers may see
possible indicators that will show the direction of market trends that their brand may
be unable to address. It can give a marketer more insights about the weak areas of
their marketing strategies and which marketing directions to take to make their brand
more customer-centric and engaging to their target market.
3. Brand marketing can use data analytics to improve a company’s marketing
experimentation process. Every aspect of digital marketing schemes may be
considered based on the customer data and behavior, and companies can employ
various marketing strategies to give their customers better product experience.
4. Use big data as a feedback loop. Big data parameters can be used to analyze
whether a particular brand marketing approach is working and able to engage
customers. With the big data analysis process, digital marketers can easily transition
from one marketing approach to another until they find one that yields better
customer response and product interaction.
5. Big data analytics provide newer insights in marketable approaches that were never
available before. Digital marketers are unable to track down a customer’s online
shopping patterns before, for instance, or unable to know what kind of brands,
products and services they usually search online. Translate and define data to
obtain new marketing views that will make your brand more responsive to the
demands of your market.
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DATA FIGURE 1.0:
INTERPRETATION:
 35% of the respondents own a C class.
 30% of the respondents own an E class.
 10% of the respondents own an M class.
 25% of the respondents own an S class.
DATA FIGURE 2.0:
Customer's current cars
35 30
10 25
100
35
30
10
25
100
0
20
40
60
80
100
120
No. of Respondents 35 30 10 25 100
Percentage(%) 35 30 10 25 100
C Class EClass M Class S Class Total
Best Features
22 24 26 28
100
22 24 26 28
100
0
20
40
60
80
100
120
No. of Respondents 22 24 26 28 100
Percentage(%) 22 24 26 28 100
Style/design Comfort
Mercedes
brand
Service Total
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INTERPRETATION:
 22% of the respondents like the style/design of their car.
 24% of the respondents like the comfort of their car.
 26% of the respondents like the brand name of their car.
 28% of the respondents like the services offered.
DATA FIGURE 3.0:
INTERPRETATION:
 35% of the respondents prefer black colour.
 20% of the respondents prefer white colour.
 30% of the respondents prefer silver colour.
 15% of the respondents prefer red colour.
Colours Prefered
35
20
30
15
100
35
20
30
15
100
0
20
40
60
80
100
120
No. of Respondents 35 20 30 15 100
Percentage(%) 35 20 30 15 100
Black White Silver Red Total
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DATA FIGURE 4.0:
INTERPRETATION:
 21% of the respondents sources of information were their friends.
 21% of the respondents sources of information were the advertisements.
 19% of the respondents sources of information were the car experts.
 17% of the respondents sources of information were the salesperson.
 22% of the respondents sources of information were Auto magazines.
Source of Information
21 21 19 17 22
100
21 21 19 17 22
100
0
20
40
60
80
100
120
No. of Respondents 21 21 19 17 22 100
Percentage(%) 21 21 19 17 22 100
From
friends,
Advertiseme
nts
Car experts
Sale’s
persons
Auto
magazines
Total
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DATA FIGURE 5.0:
INTERPRETATION:
 75% of the respondents prefer authorized service centre.
 25% of the respondents prefer local workshops.
DATA FIGURE 6.0
Service Centre Preference
75
25
100
75
25
100
0
20
40
60
80
100
120
No. of Respondents 75 25 100
Percentage(%) 75 25 100
At authorized service
centre
At a local w orkshop near
my home
Total
Financial Source
30
70
100
30
70
100
0
20
40
60
80
100
120
No. of Respondents 30 70 100
Percentage(%) 30 70 100
In house finance Out house finance Total
29
INTERPRETATION:
 30% of the respondents prefer in house finance.
 70% of the respondents prefer out house finance.
DATA FIGURE 7.0:
INTERPRETATION:
 35% of the respondents source of media for information is T.V.
 15% of the respondents source of media for information is Magazines.
 30% of the respondents source of media for information is News papers.
 20% of the respondents source of media for information is F.M/Radio.
Source of Media
35
15
30
20
100
35
15
30
20
100
0
20
40
60
80
100
120
No. of Respondents 35 15 30 20 100
Percentage(%) 35 15 30 20 100
Televisions Magazines New s papers F.M/Radio Total
30
DATA FIGURE 8.0:
INTERPRETATION:
 20% of the respondents expect free insurance as an offer.
 30% of the respondents expect special discount as an offer.
 15% of the respondents expect extension of free service period as an offer.
 35% of the respondents expect finance availability with 0% interest as an
offer.
Best Offers
20 30 15
35
100
20
30
15
35
100
0
20
40
60
80
100
120
No. of Respondents 20 30 15 35 100
Percentage(%) 20 30 15 35 100
Free insurance
Special
discount on
Extending the
service period
Finance
availability w ith
Total
31
DATA FIGURE 9.0
INTERPRETATION:
 25% of the respondents expect information about new cars.
 25% of the respondents expect information about service and mileage.
 25% of the respondents expect assistance regarding loans & insurance.
 25% of the respondents expect dealers to understand their needs.
Customer's Expectation
25 25 25 25
100
25 25 25 25
100
0
20
40
60
80
100
120
No. of Respondents 25 25 25 25 100
Percentage(%) 25 25 25 25 100
Information
about new
Information
about service
Assistance
regarding
Understanding
customer
Total
32
DATA FIGURE 10.0:
INTERPRETATION:
 18% of the respondents prefer the price of the brand.
 20% of the respondents prefer the quality of the brand.
 22% of the respondents prefer the comfort of the brand.
 15% of the respondents prefer the discnts & services provided by the
brand.
 25% of the respondents prefer all the attributes provided by the brand.
Attributes Prefered
18 20 22 15 25
100
18 20 22
15
25
100
0
20
40
60
80
100
120
No. of Respondents 18 20 22 15 25 100
Percentage(%) 18 20 22 15 25 100
Price Quality Comfort
Discounts &
Services
All of the
above
Total
33
DATA FIGURE 11.0:
INTERPRETATION:
 22% of the respondents previous cars were BMW.
 28% of the respondents previous cars were Mercedes.
 25% of the respondents previous cars were Toyota.
 12% of the respondents previous cars were Volkswagen.
 13% of the respondents previous cars were Audi.
DATA FIGURE 12.0:
Customer's previous cars
22 28 25 12 13
100
22
28 25
12 13
100
0
20
40
60
80
100
120
No. of Respondents 22 28 25 12 13 100
Percentage(%) 22 28 25 12 13 100
BMW Mercedes Toyota Volksw agen Audi Total
Fuel Efficiency
23 30 25 12 10
100
23
30 25
12 10
100
0
20
40
60
80
100
120
No. of Respondents 23 30 25 12 10 100
Percentage(%) 23 30 25 12 10 100
Highly
Satisfied
Satisfied Neutral Dissatisfied
Highly
Dissatisfied
Total
34
INTERPRETATION:
highly satisfied with the fuel efficiency.
 30% of the respondents are satisfied with the fuel efficiency.
 25% of the respondents are neutral towards fuel efficiency.
 12% of the respondents are dissatisfied with the fuel efficiency.
 10% of the respondents are highly dissatisfied with the fuel efficiency.
DATA FIGURE 13.0
INTERPRETATION:
 30% of the respondents are highly satisfied with safety & comfort.
 25% of the respondents are satisfied with safety & comfort.
 20% of the respondents are neutral towards safety & comfort.
 15% of the respondents are dissatisfied with safety & comfort.
 10% of the respondents are highly dissatisfied with safety & comfort.DATA
Safety and Comfort
30 25 20 15 10
100
30 25
20 15
10
100
0
20
40
60
80
100
120
No. of Respondents 30 25 20 15 10 100
Percentage(%) 30 25 20 15 10 100
Highly
satisfied
Satisfied Neutral Dissatisfied
Highly
dissatisfied
Total
35
FIGURE 14.0:
INTERPRETATION:
 30% of the respondents are highly satisfied with the design.
 25% of the respondents are satisfied with the design.
 20% of the respondents are neutral towards the design.
 15% of the respondents are dissatisfied with the design.
 10% of the respondents are highly dissatisfied with the design.
DATA FIGURE 15.0:
Design
30 25 20 15 10
100
30 25
20 15
10
100
0
20
40
60
80
100
120
No. of Respondents 30 25 20 15 10 100
Percentage(%) 30 25 20 15 10 100
Highly
satisfied
Satisfied Neutral Dissatisfied
Highly
dissatisfied
Total
Space Available
26 25 22 16 11
100
26 25 22
16
11
100
0
20
40
60
80
100
120
No. of Respondents 26 25 22 16 11 100
Percentage(%) 26 25 22 16 11 100
Highly
satisfied
Satisfied Neutral Dissatisfied
Highly
dissatisfied
Total
36
INTERPRETATION:
 26% of the respondents are highly satisfied with the space availability.
 25% of the respondents are satisfied with the space availability.
 22% of the respondents are neutral towards the space availability.
 16% of the respondents are satisfied with the space availability.
 11% of the respondents are highly dissatisfied with the space availability.
DATA FIGURE 16.0:
INTERPRETATION:
 29% of the respondents are highly satisfied with the maintenance cost.
 31% of the respondents are satisfied with the maintenance cost.
 20% of the respondents are neutral towards the maintenance cost.
 12% of the respondents are dissatisfied with the maintenance cost.
 8% of the respondents are highly dissatisfied with the maintenance cost.
Maintenance Cost
29 31 20 12 8
100
29 31
20
12 8
100
0
20
40
60
80
100
120
No. of Respondents 29 31 20 12 8 100
Percentage(%) 29 31 20 12 8 100
Highly
Satisfied
Satisfied Neutral Dissatisfied
Highly
Dissatisfied
Total
37
DATA FIGURE 17.0:
INTERPRETATION:
 29% of the respondents are highly satisfied with post sale & additnl.
services.
 27% of the respondents are satisfied post sale & additional services.
 24% of the respondents are neutral towards post sale & additional services.
 12% of the respondents are dissatisfied with post sale & additnl. services.
 8% of the respondents are highly dissatisfied with post sale & additnl.
services.
DATA FIGURE 18.0:
Post sale & additional services
29 27 24 12 8
100
29 27 24
12 8
100
0
20
40
60
80
100
120
No. of Respondents 29 27 24 12 8 100
Percentage(%) 29 27 24 12 8 100
Highly
Satisfied
Satisfied Neutral Dissatisfied
Highly
Dissatisfied
Total
Highly
Satisfied
Satisfied Neutral
Dissatisfi
ed
Highly
Dissatisfi
ed
Total
No. of Respondents 35 30 20 10 5 100
Percentage(%) 35 30 20 10 5 100
35 30 20 10 5
10035 30
20
10 5
100
0
20
40
60
80
100
120
Features
38
INTERPRETATION:
 35% of the respondents are highly satisfied with the features.
 30% of the respondents are satisfied with the features.
 20% of the respondents are neutral towards the features.
 10% of the respondents are dissatisfied with the features.
 5% of the respondents are highly dissatisfied with the features.
39
Chapter-5
Findings& Suggestion
40
Chapter-5 SUMMARY OF FINDINGS
 . Most of the customers own a C class.
 Most of the customers like the services of their car.
 Most of the customers prefer the black colour.
 Most of the customers get the information about their car from auto
magazines.
 Most of the customers prefer the authorized service station.
 Most of the customers prefer out house finance as a finance option.
 Most of the customers get exposed to T.V. as a media for information.
 Most of the customers prefer finance availability with 0% interest as an offer.
 Most of the customers expect their dealers to provide them information about
every new information or offer.
 Most of the customers like all the attributes of their cars.
 Most of the customers owned a Mercedes as their previous car.
 Most of the customers are satisfied with the fuel efficiency of their car.
 Most of the customers are satisfied with the safety & comfort of their car.
 Most of the customers are satisfied with the design of their car.
 Most of the customers are satisfied with the space availability of their car.
 Most of the customers are satisfied with the maintenance cost of their car.
 Most of the customers are satisfied with the post sale & additional services
offered to them.
 Most of the customers are satisfied with the features of their cars.
41
RECOMMENDATIONS & SUGGESTIONS
Mercedes-Benz has to implement good customer relationship management strategy
that enhances customer satisfaction level.
The company can for the undertake R&D to improve the existing feature which field help
increase in the customer satisfaction.
The company should promote about the entire feature offered by it.
As majority of the customer give opinion that they are satisfied is the factor, services
and design of the product, the company should not only maintain the existing standard
but also enhance them.
Suggestions given by customers:
 Please try to increase the number of Service centers.
 Keep Service Stations at main locations of the city, where many customers feel it
easy to go to service centers.
 There is no proper response from the service men at service station. Please
recruit efficient service men in the service centers.
 The service men in the service centers are unable to understand the problems
told
by us, and they are not resolving the cars problems.
 Provide information on service and mileage regularly.
 Please provide information about new cars along with their price lists at least
42
once in 6 months.
 Advertisements through televisions can influence many categories of people. So
try to concentrate on this segment. We don’t see or find much of the Mercedes
advertisements on T.V
 Try to provide financial facility at 0% interest.
 Customer should be educated about the maintenance of the vehicle. i.e.
Maintenance tips should be provided.
 Mileage of the cars is not up to the expectations.
43
Chapter 6:
CONCLUSION
44
Chapter 6:CONCLUSION
Accomplishing this project on customer satisfaction was an excellent and knowledge
gaining experience for me. Despite small sample size for questionnaire this project
helped me to know the view of customer and common people towards the customer
satisfaction of Mercedes-benz.
Brands are now a central feature of consumer marketing, they are important in building
long-term relationships with the consumer, irrespective of the type of market. Their
importance is now also being recognized in other markets including service and
industrial. Investing in a brand builds consumer confidence and loyalty and allows for
brand stretching. It requires a consistent and long-term strategy. Only a few brands
have emerged as truly global.
In conclusion I would say that the brand Mercedes-benz is quite known to peoples.
Mercedes-benz has built its customer satisfaction among a relatively large number of
people in an around New Delhi. The customers are aware largely of the product with the
help of Television and the product still has a way to increase its advertising channels to
reach the relatively large number of people. Most of the customers are satisfied with the
features and services of Mercedes-benz but there is always a scope of improvement in
every field.
45
Chapter:7
BIBLIOGRAPHY
46
Chapter-7:BIBLIOGRAPHY
WEBSITES:-
 www.mercedes-benz.co.in
 www.mercedes-benz.com
 www.scribd.com
 www.wikipedia.com
 www.google.com
 www.automobileindia.com
 www.indiacar.com
MAGAZINES:-
 Brochures &Manuals.
 Top Gear
 Overdrive
 Business Today
BOOKS:-
 Marketing Research - G.C Beri
 Marketing Management- PhilipKotler
 Marketing Management- V.S Ramaswamy & S. Namakumari
47
QUESTIONNAIRE
Name:
Contact no.
Address: E-Mail address:
1. Which of the following Mercedes car you own?
a) C class
b) E class
c) M class
d) S class
2. What do you like most about your Mercedes car?
a) Style/design
b) Comfort
c) Mercedes brand
d) Service
3. Which color do you prefer the most for your car?
a) Black
b) White
c) Silver
d) Red
48
4. How did you come to know about this car before purchasing?
a) From friends, relatives (buzz)
b) Avertissements
c) Car experts
d) Sale’s pesons visit
e) Auto magazines
5. Where do you get your car serviced regularly?
a) At authorized service Centre
b) At a local workshop near my home
6. Which type of finance do you prefer?
a) In house finance
b) Out house finance
7. To which media do you get expose regularly?
a) Televisions
b) Magazines
c) News papers
d) F.M/Radio
8. What kinds of offers do you like or expect from the dealer?
a) Free insurance
b) Special discount on sale of cars
c) Extending the service period
49
d) Finance availability with 0% interest
9. What more do you expect from your dealer?
a) Information about new cars
b) Information about service and mileage
c) Assistance regarding loans and insurance
d) Understanding customer needs
10. What are the attributes of the brand that you prefer as a customer?
a) Price
b) Quality
c) Comfort
d) Discounts & Services
e) All the above
11. What brand(s) did you own before buying this car?
a) Volkswagen
b) Toyota
c) BMW
d) Audi
e) Mercedes
12. Are you satisfied with the fuel consumption of your Mercedes?
a) Highly satisfied
b) Satisfied
50
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
13. Are you satisfied with the Safety and Comfort of your Mercedes?
a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
14. Are you satisfied with the Design of your Mercedes?
a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
15. Are you satisfied with space available in your Mercedes?
a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
16. Are you satisfied with the maintenance cost of your Mercedes?
51
a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
17. What is your satisfaction level with the post-sale & additional services offered by
Mercedes?
a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
18. What is your satisfaction level with the features offered by Mercedes?
a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
Please leave your suggestions:
Thanks for taking the time to fill out this questionnaire and for providing valuable
information which will be used for my project work, market research studies and reports.
We do not share or sell your name, address or any other data with any outside
company for any purpose.
52

Mercedez

  • 1.
    1 Chapter 1: profile ofthe industry and organization
  • 2.
    2 Chapter 1: Profileof the Industry and Organization 1.1 About the Industry: The automotive industry is a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles, some of them are called automakers. It is one of the world's most important economic sectors by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, such as automobile repair shops and motor fuel filling stations. The term automotive was created from Greek autos (self), and Latin motives (of motion) to represent any form of self-powered vehicle. This term was proposed by Elmer Sperry. Around the world, there were about 806 million cars and light trucks on the road in 2007, consuming over 980 billion liters (980,000,000 m3) of gasoline and diesel fuel yearly. The automobile is a primary mode of transportation for many developed economies. The Detroit branch of Boston Consulting Group predicts that, by 2014, one-third of world demand will be in the four BRIC markets (Brazil, Russia, India and China). Meanwhile, in the developed countries, the automotive industry has slowed down.] It is also expected that this trend will continue, especially as the younger generations of people (in highly urbanized countries) no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are Iran and Indonesia. Emerging auto markets already buy more cars than established markets. According to a J.D. Power study, emerging markets accounted for 51 percent of the global light-vehicle sales in 2010. The study, performed in 2010 expected this trend to accelerate. However, more recent reports (2012) confirmed the opposite; namely that the automotive industry was slowing down even in BRIC countries. In the United States, vehicle sales peaked in 2000, at 17.8 million units.
  • 3.
    3 1.2 About thecompany: Mercedes Benz in India was set up in 1994, this was the joint venture of Daimler Benz and telco for the productions and sales of their cars in India. The first authorized dealership was set up in March 1997 and the first authorized service station was setup in august same year. Mercedes Benz India limited was rechristened to Daimler to Daimler-Chrysler India private limited Mercedes Benz has become 100% subsidiary of Daimler-Chrysler group in September 2001 and it was one of the first joint ventures set up in India. they have Mercedes manufacturing plant in Pune and it was declared as the best manufacturing unit outside Germany many times. This tells the quality of cars produced in India. They 24 authorized dealerships all over India along with their highly equipped service stations where they provide world class service but charge a world class price also. A Mercedes Benz authorized service station is equipped to handle an exigency part from regular servicing and maintenance. Hence you can be assured of efficient, knowledgeable and professional service. Corporate vision, mission statement and objectives: Vision: Our vision is to be the premier automobile dealership in Ghana, providing exceptional value to its customers through service of highest quality. Silver Star Auto Ltd is also committed to continuously increase its market share in the automobile industry by making Mercedes Benz band of choice. We will achieve this by providing a supportive work environment that allows its employees to pursue professional excellence, whilst positively contributing to the work. With its motor in mind - QUALITY SERVICE, OUR PASSION; customer satisfaction is its goal and ‘do it right the first time’ is its wisdom. Silver Star Auto Ltd. values its employees and clients, promotes growth, and demonstrates integrity and respect.
  • 4.
    4 Mission statement andobjectives: The mission of Silver Star Auto Limited is to promote the Mercedes-Benz brand by developing and implementing strategies that result in high sales and exceptional After- Sales services to our customers in Ghana, leading to optimum return on investment for our shareholders. We will achieve this by providing a supportive work environment that allows our employees to pursue professional excellence, while positively contributing to the communities that we work in. SWOT analysis: Strengths in the SWOT analysis of Mercedes 1. High TOMA: Mercedes is a well-established brand & is part of the “German Big 3” luxury automakers, along with Audi and BMW, which are the best- selling luxury automakers in the world. Mercedes focuses its sponsorship spending on events that attract a well-heeled crowd. Its three pillars are golf, tennis and New York’s Fashion Week. Mercedes won its first Constructors’ Championship as the top team in F1 in 2014. 2. Manufacturing facilities worldwide: It has manufacturing facilities across 6 continents and in 26 countries including both for passenger cars & buses which is helping them to keep their operational cost low & thereby increase their profit. 3. Continuous product innovation: Daimler parent company of Mercedes has always been known for its technological advancement right from introduction of internal combustion engine in 1886 to “Pre- safe” technology in 2013, Company has travelled far to establish itself in the premium passenger car/trucks segment. Mercedesis concerned about safety features of the vehicle. 4. Financial stability: Strong financial position of the parent company Daimler which has several other world renowned brands is helping the group companies in minimizing their operational cost by using shared resources. 5. Strong hold in the developing nations: Premium automobile players like AUDI, BMW etc. who are excelling in the developed economies are being trailed by Mercedes in developing nations like India. Mercedes is focused on becoming No.1 player in developing markets & that’s what driving their growth.
  • 5.
    5 6. Product portfolio:Mercedes have strong product portfolio ranging from sedan to SUV which is helping them to compete with other players in the market. Weaknesses in the SWOT analysis of Mercedes 1. Expensive After sales service & maintenance: Servicing cost is one of the important deciding factors which ever vehicle you are planning to buy. Mercedes servicing cost is high as compared to other players in the same segment. 2. Conflicting goals of the group companies: It may happen that Daimler itself being such a big group can fall prey of conflicting objectives of the group companies which may affect its individual brand. 3. Distribution is stunted – Although Mercedes could expand strongly, however, it is found to have a stunted growth because it keeps distribution of its vehicle very much exclusive, which affects its supply and therefore its brand equity. Opportunities in the SWOT analysis of Mercedes 1. Growth shifting to Asian markets: Although American & European market is the pulse of this Industry, but the focus is shifting to developing markets like China, India & other Asian nations because of rise in disposable income, changing lifestyle & stable economicconditions. 2. Increase in demand of premium vehicles: Companies like VOLVO, Audi, BMW etc. are betting high & are targeting the developing nations due to increase in demand of Luxury public transportation system. 3. Strategic Alliances: This can prove smart strategy for Automobile companies. By using specialized capabilities & partnering with other company they can differentiate their offerings. 4. Growing Automobile industry: Automobiles represent freedom and economic growth.Automobiles allow people to live, work and play in ways that were unimaginable a century ago. Automobiles provide access to markets, to doctors, to jobs. Nearly every trip ends with either an economic transaction or some other benefit to the quality of life. 5. Technological advancement: Developing fuel efficient futuristic technology & hybrid cars can help Mercedes in emerging as a market leader globally.
  • 6.
    6 Threats in theSWOT analysis of Mercedes 1. Intense Competition from other players in the segment: Presence of players such as AUDI, BMW, Volvo etc. who are not leaving any stone unturned to emerge as a global player & leader in most of the markets. 2. Volatility in the fuel Prices: At least for the passenger segment fluctuations in the fuel prices remains the determining factor for its growth. Also government regulations relating the use of alternative fuels like CNG. Shell gas is also affecting the inventories. 3. Sluggish Economy: Macroeconomic uncertainty, Recession, un- employment etc. are the economic indicators which will daunt the automobile industry for a long period of time. 4. High fixed cost and investment in R & D: Due to the fact that mature markets are already overcrowded, Industry is shifting towards emerging markets by building facilities, R & D centers but benefit of these decisions is yet to be capitalized. 5. Government Regulations: Government policies like reduction in global warming by discouraging the use of personal transportation, reducing the road permit validity, volatility in fuel prices, restricting the entry of outside state vehicles are some of the policies/regulation which are already been implemented in respective regions in the world and is affecting the sector by & large.
  • 7.
  • 8.
    8 Chapter2: Introduction toStudy A research process consists of stages or steps that guide the project from its conception through the final analysis, recommendations and ultimate actions. The research process provides a systematic, planned approach to the research project and ensures that all aspects of the research project are consistent with each other. Research studies evolve through a series of steps, each representing the answer to a key question. INTRODUCTION This chapter aims to understand the research methodology establishing a framework of evaluation and revaluation of primary and secondary research. The techniques and concepts used during primary research in order to arrive at findings; which are also dealt with and lead to a logical deduction towards the analysis and results. RESEARCH DESIGN I propose to first conduct a intensive secondary research to understand the full impact and implication of the industry, to review and critique the industry norms and reports, on which certain issues shall be selected, which I feel remain unanswered or liable to change, this shall be further taken up in the next stage of exploratory research. This stage shall help me to restrict and select only the important question and issue, which inhabit growth and segmentation in the industry. The various tasks that I have undertaken in the research design process are :  Defining the information need  Design the exploratory, descriptive and causal research.
  • 9.
    9 RESEARCH PROCESS The researchprocess has four distinct yet interrelated steps for research analysis It has a logical and hierarchical ordering:  Determination of information research problem.    Each step is viewed as a separate process that includes a combination of task , step and specific procedure. The steps undertake are logical, objective, systematic, reliable, valid, impersonal and ongoing. EXPLORATORY RESEARCH The method I used for exploratory research was  Primary Data  Secondary data PRIMARY DATA New data gathered to help solve the problem at hand. As compared to secondary data which is previously gathered data. An example is information gathered by a questionnaire. Qualitative or quantitative data that are newly collected in the course of research, Consists of original information that comes from people and includes information gathered from surveys, focus groups, independent observations and test results. Data gathered by the researcher in the act of conducting research. This is contrasted to secondary data, which entails the use of data gathered by someone other than the researcher information that is obtained directly from first-hand sources by means of surveys, observation or experimentation.
  • 10.
    10 Primary data isbasically collected by getting questionnaire filled by the respondents. SECONDARY DATA Information that already exists somewhere, having been collected for another purpose. Sources include census reports, trade publications, and subscription services. There are two types of secondary data: internal and external secondary data. Information compiled inside or outside the organization for some purpose other than the current investigation Researching information, which has already been published? Market information compiled for purposes other than the current research effort; it can be internal data, such as existing sales-tracking information, or it can be research conducted by someone else, such as a market research company or the U.S. government. Secondary source of data used consists of books and websites My proposal is to first conduct a intensive secondary research to understand the full impact and implication of the industry, to review and critique the industry norms and reports, on which certain issues shall be selected, which I feel remain unanswered or liable to change, this shall be further taken up in the next stage of exploratory research. DESCRIPTIVE RESEARCH STEPS in the descriptive research: Statement of the problem  Identification of information needed to solve the problem  Selection or development of instruments for gathering the information  Identification of target population and determination of sampling Plan.  Design of procedure for information collection
  • 11.
    11  Collection ofinformation  Analysis of information  Generalizations and/or predictions DATA COLLECTION Data collection took place with the help of filling of questionnaires. The questionnaire method has come to the more widely used and economical means of data collection. The common factor in all varieties of the questionnaire method is this reliance on verbal responses to questions, written or oral. I found it essential to make sure the questionnaire was easy to read and understand to all spectrums of people in the sample. It was also important as researcher to respect the samples time and energy hence the questionnaire was designed in such a way, that its administration would not exceed 4-5 mins. These questionnaires were personally administered. The first hand information was collected by making the people fill the questionnaires. The primary data collected by directly interacting with the people. The respondents were contacted at shopping malls, markets, places that were near to showrooms of the consumer durable products etc. The data was collected by interacting with 200 respondents who filled the questionnaires and gave me the required necessary information. The respondents consisted of housewives, students, businessmen, professionals etc. the required information was collected by directly interacting with these respondents.
  • 12.
    12 DETERMINATION THE SAMPLEPLAN AND SAMPLE SIZE TARGET POPULATION It is a description of the characteristics of that group of people from whom a course is intended. It attempts to describe them as they are rather than as the describer would like them to be. Also called the audience the audience to be served by our project includes key demographic information (i.e.; age, sex etc.).The specific population intended as beneficiaries of a program. This will be either all or a subset of potential users, such as adolescents, women, rural residents, or the residents of a particular geographic area. Topic areas: Governance, Accountability and Evaluation, Operations Management and Leadership. A population to be reached through some action or intervention; may refer to groups with specific demographic or geographic characteristics. The group of people you are trying to reach with a particular strategy or activity. The target population is the population I want to make conclude an ideal situation; the sampling frames to matches the target population. A specific resource set that is the object or target of investigation. The audience defined in age, background, ability, and preferences, among other things, for which a given course of instruction is intended. I have selected the sample trough Simple random Sampling SAMPLE SIZE: This involves figuring out how many samples one need. The numbers of samples you need are affected by the following factors:  Project goals  How you plan to analyze your data  How variable your data are or are likely to be
  • 13.
    13  How preciselyyou want to measure change or trend  The number of years over which you want to detect a trend  How many times a year you will sample each point  How much money and manpower you have SAMPLE SIZE I have targeted 100 people in the age group above 20 years for the purpose of the research. The target population influences the sample size. The target population represents the New Delhi region. The people were from different professional backgrounds. The details of our sample are explained in chapter named primary research where the divisions are explained in demographics section. ERRORS IN THE STUDY Interviewer error There is interviewer bias in the questionnaire method. Open-ended questions can be biased by the interviewer’s views or probing, as interviewers are guiding the respondent while the questionnaire is being filled out. The attitudes the interviewer revels to the respondent during the interview can greatly affect their level of interest and willingness to answer openly. As interviewers, probing and clarifications maximize respondent understanding and yield complete answers, these advantages are offset by the problems of prestige seeking, social desirability and courtesy biases.
  • 14.
    14 Questionnaire error The questionnairedesigning has to careful so that only required data is concisely reveled and there is no redundant data generated. The questions have to be worded carefully so that the questions are not loaded and does not lead to a bias in the respondents mind Respondent error The respondents selected to be interviewed were not always available and willing to co operate also in most cases the respondents were found to not have the knowledge, opinion, attitudes or facts required additionally uninformed response errors and response styles also led to survey error. Sampling error We have taken the sample size of 100, which cannot determine the buying behavior of the total population. The sample has been drawn from only National Capital Region. RESEARCH DESIGN Research design is a conceptual structure within which research was conducted. A research design is the detailed blueprint used to guide a research study towards its objective. It is a series of advanced decision taken together comprising a master plan or a model for conducting the research in consonance with the research objectives. Research design is needed because it facilitates the smooth sailing of the various research operations, thereby making research as efficient as possible yielding maximum information with the minimum effort, time and money.
  • 15.
    15 Scope and theLimitation of the study  The scope of study is limited to the respondents are selected from in and around Hyderabad .  The project is carried out for the period of 8 weeks only.  Measurement of customer satisfaction is complex subjects, which uses non- objectives method, which is not reliable.  The sample unit was also 100 respondents.  However, Mercedes-Benz showrooms are located in other places i.e. locally and even in the neighboring states. Only opinion of respondents of HYDERABAD was consider for finding out the opinions of respondents.
  • 16.
  • 17.
    17 Chapter 3: Reviewof Literature To create fascination and brand identity: that's the objective of the Mercedes-Benz design philosophy, oriented towards long-term effect rather than short-lived trends, it taps into a “gene pool” of brand-typical style elements in the sense of a living tradition. At the end of this process is the car as an individual space for living. For Mercedes-Benz, designis literallya trademark. Because for over 100 years, design has characterized the image of the brand with the three-pointed star and has made visible typical Mercedes brand values such as fascination, responsibility and perfection. Insofar, design has important tasks on two counts – and Mercedes design has fulfilled them for many years now very successfully: the car's lines fascinate not only because of the product itself, they also serve as a mirror of the philosophyand profile of the Stuttgart-based automotive brand. In other words: design makes brand values visible – and sets its mark on them. Design should also awaken passion, passion for the automobile and the wish to possess a model. “Love at first sight” has long been a slogan with a great reality content in the automotive trade. After arousing love at first sight, one of the main tasks of the designers is to create a lasting relationship and maintain the love affair over many years. The psychological arc goes from acquaint to recognize to brand awareness. It is not only a question of creating shapely, functional individual products, but of generating brand identity at the same time. Identity and continuity However, in order to build up and care adequately for such a successful brand image, long- term strategies and conceptual continuityare essential. New Mercedes models must indeed formally create a bridge to the future, but at the same time their lines may not abandon their origin. This guarantees that every new Mercedes-Benz possesses a clearly recognisable identity and shows its pedigree at the first glance. Although every model displays unmistakable analogies with its predecessors, it shows a clear formal further development and heralds a new design era.
  • 18.
    18 Given that aproduct life spanof around 20 years is quite realistic for Mercedes automobiles, the designers must not indulge in passing fancies. The high market value which Mercedes- Benz passenger cars retain even after many years on the road is due not least to the fact that a previous model of Mercedes-Benz does not automatically “look” old. Even when new models come out in a model series, they don't detract from their predecessors, which continue to be desirable, in particular because of the enduring appeal of their design. A Mercedes-Benzis always recognizable as a Mercedes-Benz. Meticulously and with great care, Mercedes-Benz designers ensure that certain style features, while being further developed, are retained intheir basic form. Designers thenspeak of the brand's “gene pool”. This is what they tap into, to care for and protect the style of the brand. A good example of this is the typical Mercedes radiator grille – a feature which has identified and rendered unmistakable the motor car with the three-pointed star for over 100 years. Over this long span of time the radiator grille has been repeatedly developed further in a formal sense. Both inits basic proportions and in its details the designers try to interpret this identifying feature anew, creating a fresh, modern image. Trends and reality Recognizing and shaping trends are important tasks of the auto designers. They live in the present, but their realm of action is the future. This calls for a very sensitive perception for changes in customers' life habits, for people's new attitudes towards their daily life and for those tendencies concerning form and colour made evident in other sectors such as the furniture industry or the electronics sector, for example. Or for impulses coming from other cultures; this is why Mercedes designers do not only work in Germany, but in Italy, Japan, China and the USA as well. The automaker has set up Advanced Design Studios at all these locations, to act as a sort of seismograph and pick up stylistic trends on site and analyse them to process them creatively. A key issue here is the ability to intuitively grasp that which can attain formal timelessness, and to develop a sensitivity for important, sustainable tendencies in art, culture and society. However, having a vision for the future and being able to sense new trends is not enough. Because behind the manifold, diffuse wealth of future ideas on offer there lies the question
  • 19.
    19 of which ofthe currents does a brand like Mercedes-Benz want to allow itself to be influenced by. For Mercedes-Benz it has always been decisive to be, not fashionable, but modern. That's why what is important is to distinguish between short-lived tendencies and long-term developments and thus identify customers' authentic expectations for the future. Mercedes designers therefore do not need trend counseling but rather a well-founded prognosis and concrete answers to the questions as to how people will live tomorrow, how they will consume and – in particular – how to enthrall and inspire future customers. The challenge consists in reflecting about possible future developments and to think further – beyond the reality that bears the seal of trends and fashion. Passion and practicality This aspect is probably the most important and interesting of those that determine the work of automotive designers. It is all about people, or, more specifically, about customers and their personality. Because driving a car today means a lot more than reaching your destination in safety and comfort. Today, more than ever, the emphasis is on making the journey itself an experience that is enjoyable because one feels at ease in one's car, and because the car goes well with one's lifestyle – and because it is also possible to express style very well by means of the car. More than ever, the sensory perception of a product therefore plays an exceptional role. Experience and enjoyment Keeping the fascination for what is beautiful alive over the years is also one of the most important tasks of the interior designers. Its importance for design work is increasing. The interior of a car is conceived as a space for living, one where a lot of time is spent. That is why a pleasant environment is playing an increasingly important role in the motor car, too. There is no doubt about it: customers have become both more demanding and more discerning over the years in this respect. They not only want a wide choice of possible appointments from which to pick precisely that which suits their individual taste and personality. They now also set greater store by the use of high-quality materials and
  • 20.
    20 precision workmanship. Theseof course help convey, whilst also making more tangible, values such as aesthetics, comfort and quality as part of the overall visual impression. The objective of the interior designers at Mercedes-Benzcan be summed up in a few words: one gets into the car, closes the doors and immediately feels at home
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  • 22.
    22 Chapter 4: Dataanalysis and interpretation How Big Data Analytics Innovates Brand Marketing Fostering relationship will require businesses to understand the needs and preferences of their customers. This is crucial for brand marketing as it helps an online business to have a specific target market that it knows better in terms of their customer purchasing preferences and related shopping activities. For many years, companies have already collected linear data for digital marketing. However, as digital technology evolves and grow, big data analytics came and it innovates how the brand marketing approach is done by most prominent brands in the industry today. A new form of data analytics has emerged, infusing brand marketing campaigns with more accurate analysis on how brands can connect and interact with their target consumers and market. Instead of linearly collecting data, the new approach for brand marketing is utilizing circular data analysis, which involves understanding customer behaviors, shopping activity, and preferences for a product, service or brand. For every Likes or re-tweet of potential customers to a brand’s Facebook or Twitter page, the data analytics system processes the crucial metrics that set aside specific parameter results to understand your customer’s patterns of preferences for digital products and services. Businesses are driven towards satisfying their customers and big data analytics make the process easier. It makes digital marketers more competent in delivering accurate results in their digital marketing campaign by providing their customers the kind of products they want and need. Many companies have been relying mainly on their gut in terms of determining what products and services customers may want and like. This becomes their marketing campaigns ineffective. With big data analytics, data reports provide leads that can help marketers understand customer behavior more accurately.
  • 23.
    23 The Infusion ofBig Data to Brand Marketing The massive influx of data provides numerous information that are helpful to brand companies in determining the various aspects of product improvement and delivering specific services relevant to customers that will yield better profit for them. Big data provide a window of opportunity for brand companies to know what products their target customers are passionate about, their wants, preferences and shopping behavior. Amazon, for instance, is using a new scheme of collecting big data by launching its Price Check application that allows the consumers to use the app in checking for Amazon.com product prices. By a simple click of this app, it brings back a massive influx of information regarding the consumer purchasing habits, location and interests. With big data on hand, brand companies will be able to improve the experience of their customers when interacting with their products and services. By infusing big data analytics, it is easier for marketers to know about their competitors and how to improve their digital marketing strategies that will bring their brand closer to their customers. The data collected is a company’s asset because by analyzing the collected data, valuable customer information is extracted that companies use to build stronger relationship with their target customers. Using big data analytics for brand marketing: The ultimate goal in utilizing big data in optimizing brand marketing is to understand what data is valuable to your marketing goals. There are major benefits in using big data as follows: 1. Big data can help enrich a brand company’s marketing model and customer engagement. Branding can be improved by using the data acquired from customers’ shopping and purchasing behavior. This can help marketers understand how to personalize a customer’s shopping experience and undertake a more personalization approach to the company’s marketing model for better customer engagement.
  • 24.
    24 2. Big dataanalytic point out the existing marketing flaws. Brand marketers may see possible indicators that will show the direction of market trends that their brand may be unable to address. It can give a marketer more insights about the weak areas of their marketing strategies and which marketing directions to take to make their brand more customer-centric and engaging to their target market. 3. Brand marketing can use data analytics to improve a company’s marketing experimentation process. Every aspect of digital marketing schemes may be considered based on the customer data and behavior, and companies can employ various marketing strategies to give their customers better product experience. 4. Use big data as a feedback loop. Big data parameters can be used to analyze whether a particular brand marketing approach is working and able to engage customers. With the big data analysis process, digital marketers can easily transition from one marketing approach to another until they find one that yields better customer response and product interaction. 5. Big data analytics provide newer insights in marketable approaches that were never available before. Digital marketers are unable to track down a customer’s online shopping patterns before, for instance, or unable to know what kind of brands, products and services they usually search online. Translate and define data to obtain new marketing views that will make your brand more responsive to the demands of your market.
  • 25.
    25 DATA FIGURE 1.0: INTERPRETATION: 35% of the respondents own a C class.  30% of the respondents own an E class.  10% of the respondents own an M class.  25% of the respondents own an S class. DATA FIGURE 2.0: Customer's current cars 35 30 10 25 100 35 30 10 25 100 0 20 40 60 80 100 120 No. of Respondents 35 30 10 25 100 Percentage(%) 35 30 10 25 100 C Class EClass M Class S Class Total Best Features 22 24 26 28 100 22 24 26 28 100 0 20 40 60 80 100 120 No. of Respondents 22 24 26 28 100 Percentage(%) 22 24 26 28 100 Style/design Comfort Mercedes brand Service Total
  • 26.
    26 INTERPRETATION:  22% ofthe respondents like the style/design of their car.  24% of the respondents like the comfort of their car.  26% of the respondents like the brand name of their car.  28% of the respondents like the services offered. DATA FIGURE 3.0: INTERPRETATION:  35% of the respondents prefer black colour.  20% of the respondents prefer white colour.  30% of the respondents prefer silver colour.  15% of the respondents prefer red colour. Colours Prefered 35 20 30 15 100 35 20 30 15 100 0 20 40 60 80 100 120 No. of Respondents 35 20 30 15 100 Percentage(%) 35 20 30 15 100 Black White Silver Red Total
  • 27.
    27 DATA FIGURE 4.0: INTERPRETATION: 21% of the respondents sources of information were their friends.  21% of the respondents sources of information were the advertisements.  19% of the respondents sources of information were the car experts.  17% of the respondents sources of information were the salesperson.  22% of the respondents sources of information were Auto magazines. Source of Information 21 21 19 17 22 100 21 21 19 17 22 100 0 20 40 60 80 100 120 No. of Respondents 21 21 19 17 22 100 Percentage(%) 21 21 19 17 22 100 From friends, Advertiseme nts Car experts Sale’s persons Auto magazines Total
  • 28.
    28 DATA FIGURE 5.0: INTERPRETATION: 75% of the respondents prefer authorized service centre.  25% of the respondents prefer local workshops. DATA FIGURE 6.0 Service Centre Preference 75 25 100 75 25 100 0 20 40 60 80 100 120 No. of Respondents 75 25 100 Percentage(%) 75 25 100 At authorized service centre At a local w orkshop near my home Total Financial Source 30 70 100 30 70 100 0 20 40 60 80 100 120 No. of Respondents 30 70 100 Percentage(%) 30 70 100 In house finance Out house finance Total
  • 29.
    29 INTERPRETATION:  30% ofthe respondents prefer in house finance.  70% of the respondents prefer out house finance. DATA FIGURE 7.0: INTERPRETATION:  35% of the respondents source of media for information is T.V.  15% of the respondents source of media for information is Magazines.  30% of the respondents source of media for information is News papers.  20% of the respondents source of media for information is F.M/Radio. Source of Media 35 15 30 20 100 35 15 30 20 100 0 20 40 60 80 100 120 No. of Respondents 35 15 30 20 100 Percentage(%) 35 15 30 20 100 Televisions Magazines New s papers F.M/Radio Total
  • 30.
    30 DATA FIGURE 8.0: INTERPRETATION: 20% of the respondents expect free insurance as an offer.  30% of the respondents expect special discount as an offer.  15% of the respondents expect extension of free service period as an offer.  35% of the respondents expect finance availability with 0% interest as an offer. Best Offers 20 30 15 35 100 20 30 15 35 100 0 20 40 60 80 100 120 No. of Respondents 20 30 15 35 100 Percentage(%) 20 30 15 35 100 Free insurance Special discount on Extending the service period Finance availability w ith Total
  • 31.
    31 DATA FIGURE 9.0 INTERPRETATION: 25% of the respondents expect information about new cars.  25% of the respondents expect information about service and mileage.  25% of the respondents expect assistance regarding loans & insurance.  25% of the respondents expect dealers to understand their needs. Customer's Expectation 25 25 25 25 100 25 25 25 25 100 0 20 40 60 80 100 120 No. of Respondents 25 25 25 25 100 Percentage(%) 25 25 25 25 100 Information about new Information about service Assistance regarding Understanding customer Total
  • 32.
    32 DATA FIGURE 10.0: INTERPRETATION: 18% of the respondents prefer the price of the brand.  20% of the respondents prefer the quality of the brand.  22% of the respondents prefer the comfort of the brand.  15% of the respondents prefer the discnts & services provided by the brand.  25% of the respondents prefer all the attributes provided by the brand. Attributes Prefered 18 20 22 15 25 100 18 20 22 15 25 100 0 20 40 60 80 100 120 No. of Respondents 18 20 22 15 25 100 Percentage(%) 18 20 22 15 25 100 Price Quality Comfort Discounts & Services All of the above Total
  • 33.
    33 DATA FIGURE 11.0: INTERPRETATION: 22% of the respondents previous cars were BMW.  28% of the respondents previous cars were Mercedes.  25% of the respondents previous cars were Toyota.  12% of the respondents previous cars were Volkswagen.  13% of the respondents previous cars were Audi. DATA FIGURE 12.0: Customer's previous cars 22 28 25 12 13 100 22 28 25 12 13 100 0 20 40 60 80 100 120 No. of Respondents 22 28 25 12 13 100 Percentage(%) 22 28 25 12 13 100 BMW Mercedes Toyota Volksw agen Audi Total Fuel Efficiency 23 30 25 12 10 100 23 30 25 12 10 100 0 20 40 60 80 100 120 No. of Respondents 23 30 25 12 10 100 Percentage(%) 23 30 25 12 10 100 Highly Satisfied Satisfied Neutral Dissatisfied Highly Dissatisfied Total
  • 34.
    34 INTERPRETATION: highly satisfied withthe fuel efficiency.  30% of the respondents are satisfied with the fuel efficiency.  25% of the respondents are neutral towards fuel efficiency.  12% of the respondents are dissatisfied with the fuel efficiency.  10% of the respondents are highly dissatisfied with the fuel efficiency. DATA FIGURE 13.0 INTERPRETATION:  30% of the respondents are highly satisfied with safety & comfort.  25% of the respondents are satisfied with safety & comfort.  20% of the respondents are neutral towards safety & comfort.  15% of the respondents are dissatisfied with safety & comfort.  10% of the respondents are highly dissatisfied with safety & comfort.DATA Safety and Comfort 30 25 20 15 10 100 30 25 20 15 10 100 0 20 40 60 80 100 120 No. of Respondents 30 25 20 15 10 100 Percentage(%) 30 25 20 15 10 100 Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied Total
  • 35.
    35 FIGURE 14.0: INTERPRETATION:  30%of the respondents are highly satisfied with the design.  25% of the respondents are satisfied with the design.  20% of the respondents are neutral towards the design.  15% of the respondents are dissatisfied with the design.  10% of the respondents are highly dissatisfied with the design. DATA FIGURE 15.0: Design 30 25 20 15 10 100 30 25 20 15 10 100 0 20 40 60 80 100 120 No. of Respondents 30 25 20 15 10 100 Percentage(%) 30 25 20 15 10 100 Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied Total Space Available 26 25 22 16 11 100 26 25 22 16 11 100 0 20 40 60 80 100 120 No. of Respondents 26 25 22 16 11 100 Percentage(%) 26 25 22 16 11 100 Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied Total
  • 36.
    36 INTERPRETATION:  26% ofthe respondents are highly satisfied with the space availability.  25% of the respondents are satisfied with the space availability.  22% of the respondents are neutral towards the space availability.  16% of the respondents are satisfied with the space availability.  11% of the respondents are highly dissatisfied with the space availability. DATA FIGURE 16.0: INTERPRETATION:  29% of the respondents are highly satisfied with the maintenance cost.  31% of the respondents are satisfied with the maintenance cost.  20% of the respondents are neutral towards the maintenance cost.  12% of the respondents are dissatisfied with the maintenance cost.  8% of the respondents are highly dissatisfied with the maintenance cost. Maintenance Cost 29 31 20 12 8 100 29 31 20 12 8 100 0 20 40 60 80 100 120 No. of Respondents 29 31 20 12 8 100 Percentage(%) 29 31 20 12 8 100 Highly Satisfied Satisfied Neutral Dissatisfied Highly Dissatisfied Total
  • 37.
    37 DATA FIGURE 17.0: INTERPRETATION: 29% of the respondents are highly satisfied with post sale & additnl. services.  27% of the respondents are satisfied post sale & additional services.  24% of the respondents are neutral towards post sale & additional services.  12% of the respondents are dissatisfied with post sale & additnl. services.  8% of the respondents are highly dissatisfied with post sale & additnl. services. DATA FIGURE 18.0: Post sale & additional services 29 27 24 12 8 100 29 27 24 12 8 100 0 20 40 60 80 100 120 No. of Respondents 29 27 24 12 8 100 Percentage(%) 29 27 24 12 8 100 Highly Satisfied Satisfied Neutral Dissatisfied Highly Dissatisfied Total Highly Satisfied Satisfied Neutral Dissatisfi ed Highly Dissatisfi ed Total No. of Respondents 35 30 20 10 5 100 Percentage(%) 35 30 20 10 5 100 35 30 20 10 5 10035 30 20 10 5 100 0 20 40 60 80 100 120 Features
  • 38.
    38 INTERPRETATION:  35% ofthe respondents are highly satisfied with the features.  30% of the respondents are satisfied with the features.  20% of the respondents are neutral towards the features.  10% of the respondents are dissatisfied with the features.  5% of the respondents are highly dissatisfied with the features.
  • 39.
  • 40.
    40 Chapter-5 SUMMARY OFFINDINGS  . Most of the customers own a C class.  Most of the customers like the services of their car.  Most of the customers prefer the black colour.  Most of the customers get the information about their car from auto magazines.  Most of the customers prefer the authorized service station.  Most of the customers prefer out house finance as a finance option.  Most of the customers get exposed to T.V. as a media for information.  Most of the customers prefer finance availability with 0% interest as an offer.  Most of the customers expect their dealers to provide them information about every new information or offer.  Most of the customers like all the attributes of their cars.  Most of the customers owned a Mercedes as their previous car.  Most of the customers are satisfied with the fuel efficiency of their car.  Most of the customers are satisfied with the safety & comfort of their car.  Most of the customers are satisfied with the design of their car.  Most of the customers are satisfied with the space availability of their car.  Most of the customers are satisfied with the maintenance cost of their car.  Most of the customers are satisfied with the post sale & additional services offered to them.  Most of the customers are satisfied with the features of their cars.
  • 41.
    41 RECOMMENDATIONS & SUGGESTIONS Mercedes-Benzhas to implement good customer relationship management strategy that enhances customer satisfaction level. The company can for the undertake R&D to improve the existing feature which field help increase in the customer satisfaction. The company should promote about the entire feature offered by it. As majority of the customer give opinion that they are satisfied is the factor, services and design of the product, the company should not only maintain the existing standard but also enhance them. Suggestions given by customers:  Please try to increase the number of Service centers.  Keep Service Stations at main locations of the city, where many customers feel it easy to go to service centers.  There is no proper response from the service men at service station. Please recruit efficient service men in the service centers.  The service men in the service centers are unable to understand the problems told by us, and they are not resolving the cars problems.  Provide information on service and mileage regularly.  Please provide information about new cars along with their price lists at least
  • 42.
    42 once in 6months.  Advertisements through televisions can influence many categories of people. So try to concentrate on this segment. We don’t see or find much of the Mercedes advertisements on T.V  Try to provide financial facility at 0% interest.  Customer should be educated about the maintenance of the vehicle. i.e. Maintenance tips should be provided.  Mileage of the cars is not up to the expectations.
  • 43.
  • 44.
    44 Chapter 6:CONCLUSION Accomplishing thisproject on customer satisfaction was an excellent and knowledge gaining experience for me. Despite small sample size for questionnaire this project helped me to know the view of customer and common people towards the customer satisfaction of Mercedes-benz. Brands are now a central feature of consumer marketing, they are important in building long-term relationships with the consumer, irrespective of the type of market. Their importance is now also being recognized in other markets including service and industrial. Investing in a brand builds consumer confidence and loyalty and allows for brand stretching. It requires a consistent and long-term strategy. Only a few brands have emerged as truly global. In conclusion I would say that the brand Mercedes-benz is quite known to peoples. Mercedes-benz has built its customer satisfaction among a relatively large number of people in an around New Delhi. The customers are aware largely of the product with the help of Television and the product still has a way to increase its advertising channels to reach the relatively large number of people. Most of the customers are satisfied with the features and services of Mercedes-benz but there is always a scope of improvement in every field.
  • 45.
  • 46.
    46 Chapter-7:BIBLIOGRAPHY WEBSITES:-  www.mercedes-benz.co.in  www.mercedes-benz.com www.scribd.com  www.wikipedia.com  www.google.com  www.automobileindia.com  www.indiacar.com MAGAZINES:-  Brochures &Manuals.  Top Gear  Overdrive  Business Today BOOKS:-  Marketing Research - G.C Beri  Marketing Management- PhilipKotler  Marketing Management- V.S Ramaswamy & S. Namakumari
  • 47.
    47 QUESTIONNAIRE Name: Contact no. Address: E-Mailaddress: 1. Which of the following Mercedes car you own? a) C class b) E class c) M class d) S class 2. What do you like most about your Mercedes car? a) Style/design b) Comfort c) Mercedes brand d) Service 3. Which color do you prefer the most for your car? a) Black b) White c) Silver d) Red
  • 48.
    48 4. How didyou come to know about this car before purchasing? a) From friends, relatives (buzz) b) Avertissements c) Car experts d) Sale’s pesons visit e) Auto magazines 5. Where do you get your car serviced regularly? a) At authorized service Centre b) At a local workshop near my home 6. Which type of finance do you prefer? a) In house finance b) Out house finance 7. To which media do you get expose regularly? a) Televisions b) Magazines c) News papers d) F.M/Radio 8. What kinds of offers do you like or expect from the dealer? a) Free insurance b) Special discount on sale of cars c) Extending the service period
  • 49.
    49 d) Finance availabilitywith 0% interest 9. What more do you expect from your dealer? a) Information about new cars b) Information about service and mileage c) Assistance regarding loans and insurance d) Understanding customer needs 10. What are the attributes of the brand that you prefer as a customer? a) Price b) Quality c) Comfort d) Discounts & Services e) All the above 11. What brand(s) did you own before buying this car? a) Volkswagen b) Toyota c) BMW d) Audi e) Mercedes 12. Are you satisfied with the fuel consumption of your Mercedes? a) Highly satisfied b) Satisfied
  • 50.
    50 c) Neutral d) Dissatisfied e)Highly dissatisfied 13. Are you satisfied with the Safety and Comfort of your Mercedes? a) Highly satisfied b) Satisfied c) Neutral d) Dissatisfied e) Highly dissatisfied 14. Are you satisfied with the Design of your Mercedes? a) Highly satisfied b) Satisfied c) Neutral d) Dissatisfied e) Highly dissatisfied 15. Are you satisfied with space available in your Mercedes? a) Highly satisfied b) Satisfied c) Neutral d) Dissatisfied e) Highly dissatisfied 16. Are you satisfied with the maintenance cost of your Mercedes?
  • 51.
    51 a) Highly satisfied b)Satisfied c) Neutral d) Dissatisfied e) Highly dissatisfied 17. What is your satisfaction level with the post-sale & additional services offered by Mercedes? a) Highly satisfied b) Satisfied c) Neutral d) Dissatisfied e) Highly dissatisfied 18. What is your satisfaction level with the features offered by Mercedes? a) Highly satisfied b) Satisfied c) Neutral d) Dissatisfied e) Highly dissatisfied Please leave your suggestions: Thanks for taking the time to fill out this questionnaire and for providing valuable information which will be used for my project work, market research studies and reports. We do not share or sell your name, address or any other data with any outside company for any purpose.
  • 52.