B Com (Gen) Project Report
B Com (Gen) Project Report
B Com (Gen) Project Report
ON
CUSTOMER SATISFACTION TOWARDS
YAMAHA MOTOR
Submitted By
BHAVYA SHREE.K
Reg no:C1914016
Submitted to
Under guidance of
Mr. GURU PRASAD BABU SIR
HOD BCOM(GEN)
Signature of candidate:
Name: Bhavya Shree. k
(C1914016)
1 INTRODUCTION. 1
2 REVIEW OF LITERATURE. 11
3 RESEARCH OF DESIGN. 17
6 SUMMARY OF FINDINGS. 52
7 RECOMMENDATIONS. 54
8 CONCLUSION. 56
Shree Medha degree College Ballari
CHAPTER-I
INTRODUCTION.
INTRODUCTION
1. INTRODUCTION
India looks to be the second largest two wheeler manufacturer in the world whereas
the country occupied third place in domestic sales after Japan and China. In the last few
years, the industry has attained a significant progression in the country especially in
production as well as sales. Maximum number of Indians had an interest towards motorbikes
rather than preferring cars. In two wheeler segments, bikes has played a prominent role in
India. Hence it is necessary to know how much satisfaction the consumers had towards the
two wheelers in India. If the performance exceed expectation that lead to satisfaction or else
it lead to dissatisfaction. Many companies had an aim for high satisfaction because
customers who are just satisfied they won’t switch to other brand. Those are highly satisfied
they won't switch to other. High satisfaction provides an emotional affinity with the brain not
having a rational preference towards it. Hence it upsurge customer loyalty. In this
competitive world customers plays an important role and hence it is necessary to determine it.
It is different from one individual to another yet identifying parameters is important. Hence
the researcher make an effort to identify how Yamaha motors customers had a satisfaction
towards service and after sales service in Ballari
( as of March 31,2019 )
The company produced a products with highly customer dricen which had a
network of 2200 points which had a dealers to be around 500.
Build the wining team members who had the capability of success and at the same
time thrive for action and deliver the outcome. Employees are the most valuable assets and
they intend to progress mainly to achieve international level of professionalism with utmost
progressive career development. They conduct business in an ethical way and socially
responsible manner with an intention of preserving the environment. Further the company
focuses more on innovating business processes for making value as well as knowledge across
entire customers and thereby earning the loyalty among the partners which upsurge the
stakeholder value
CORE COMPETENCIES
⮚ Customer
⮚ Challenging Spirit
We are honest, sincere, open minded, fair & transparent in our dealings. We
actively listen to others and participate in healthy & frank discussions to achieve the
organization's goals.
SWOT ANALYSIS
STRENGTH
distribution
WEAKNESSES
OPPORTUNITIES
brands
COMPETITORS
⮚ Bajaj Auto Limited
⮚ TVS
⮚ Suzuki
⮚ Harley Davidson
⮚ Royal Enfield
⮚ Ducati Superbike
REVIEW OF LITERATURE
REVIEW OF LITERATURE
2. REVIEW OF LITERATURE
Dr. Duggani Yuvaraju and Durga Rao ( 2 0 1 4) . has stated in the study that how
customers had a satisfaction level towards Honda bikes and identified the attributes which
influenced them to prefer it. Findings of the study stated that majority of the respondents
showed Honda bikes had an excellent performance when it has been compared with others.
There was a significantly differences made based on attributes like mileage and then pick up
followed by performance. The study had an outcome that CRM placed an important role in
influencing customer satisfaction and the products has been highly preferred by high income
group people.
Vadnare. has conducted the study on after sales services of Empire Motors private
limited. The study was highly essential for those who were providing services to them. The
study has conducted the survey among 1 3 0 participants and identified that influencing
the customers to avail customer satisfaction can upsurge the company image in the eye of
public and good services attracted them to come again and again to avail it. Findings of
the stated that there was a relationship among occupation and dissatisfaction with the
services. Finally it concluded that the customers preferred the services primarily because
of delivery and hten commitment, brand which has created an impact among consumers of
Empire Motors.
Vinodhini and Umarani. has conducted the study among automobile sector in India.
Though the sector looked to be the fastest sector which acquired more number of customers
towards availing the services. Hence the researcher focused on how Lanson Toyota has
influenced the customers to prefer the products which was available in the market. The
primary intention of preference of products was based on quality of sales and services made
to them. Hence the researcher evaluated it and identified that the above attributes influenced
the customers to meet the expectations and further it looked to be a key performance
indicator for upsurge the four wheeler business in the market.
both were dependent on one another. Finally this provided a knowledge on stimulating the
consumers to had a choice of particular brand. This assisted in overcome the problems
associated with the brand.
Kurkoti and Prabhu (2011) has stated in the study that how customers were satisfied
with Tata Nano cars and the primary goal was to evaluate the customer satisfaction and
investigate the gap which provided certain impact on fire incidences made at Nano car users.
The study provided outcome that customers were not satisfied with the performance as well
as waiting period of car yet this had an influenced over customer satisfaction.
Jain, P. (2015). has conducted the study among two wheeler customers in Delhi.
India looked to be the worlds largest producer and manufacturer especially two wheelers in
the world. Preferences based on how they were giving importance to family and friends
followed by supplementary facilities associated with it. Findings stated that they were
flexible with the services provided by two wheeler companies.
SWARNA, B. (2018) has conducted that how two wheelers has influenced
the customers who were at Andhra Pradesh. The survey has been conducted at Ongole
town at AP. For which socio economic attributes has considered to identify the customer
satisfaction of consumers who were preferred at brand. Findings stated that design and
performance has influenced the consumers who preferred two wheelers. Satisfaction
was high who accepted the availability and introductory of a fresh brands available at AP.
Mahalakshmi, (2 013). has stated in the study that how profile has influenced
the respondents in picked out the products. survey has been conducted based on
age of the respondents and education qualification. The study provided outcome that
two wheelers has been selected based on promotional activities primarily to upsurge
the demand through introducing new one. Traditionally the people highly relied on
bicycle whereas now two wheelers has been highly preferred. Satisfaction level has
determined the preferences of two wheeler brands in India.
DEVI, Y. (2017) has examined that how satisfaction has influenced the
customers to had a choice on two wheelers which restricted its limit to Udumalpet. India
looked to be the second largest manufacturers of two wheelers in the world. Preferences
of two wheeler was based on how advertisement influenced to purchase the products
followed by additional facilities attached with and improvement made in the defective
products. Hence it was clear that customers selected the products based on performance
and quality of bikes
CHAPTER-III
RESEARCH DESIGN
RESEARCH DESIGN
3. RESEARCH DESIGN
The study was descriptive in nature because it investigated that how actually
customers had a level of satisfaction towards Yamaha Motors MG Brothers in Ballari.
India looks to be the second largest manufacturer of two wheeler products in the
world. They are offering numerous brand of products to the customers based on their
expectation. Hence it is necessary to fulfil the requirements based on current scenario.
From among numerous brands, the researcher picks Yamaha Motors to identify how their
services influence the customers to recommend the brand to others in Market.
The study assist the customers to know how the attributes influence them to prefer
Yamaha Motors in Ballari. The study provides a prospects to the Yamaha Motors to
improve their services standards. Further this provide a knowledge to the customers
regarding services and after sales services of Yamaha Motors in Ballari.
This project is intended mainly to identify & evaluate the customer’s response towards
services of Yamaha Motors and after sales services provided by them.
● To study the customers preference in after sales service provided by Yamaha Motors.
● To find out customer expectation and satisfaction level about service and after sales
service at Yamaha Motors.
● To know whether after sales service help in building the image of “Yamaha”
Company.
➢ Though the study was conducted at Bangalore which doesn’t represent whole of
Ballari areas.
➢ Quality of the information highly relied on how the customers had attained the survey.
➢ Respondents opinion may vary based on attributes which also influenced the
outcome of the study.
The researcher focused on addressing how consumer satisfaction are gaining Yamaha
motors. The researcher utilized primary data to acquire information from consumer
satisfaction primarily to improve Yamaha motors.
The present study was descriptive in nature because it investigate the present
situation on how customers were satisfied with Yamaha Motors,
The researcher utilized primary data with the help of questionnaire primarily prepared
based on five point Likert scale
Secondary data has been utilized to define how other authors had done similar work on
the same topic followed by company profile and industry profile
Determine what is
needed
type of questionnaire
to be used
questions
of questions
Pretest
Preparation of final
questionnaire
⮚ Percentage analysis
Statistical tools has been incorporated through SPSS software which inclusion of
correlation and then regression followed by descriptive statistics and percentage method.
Table 4.1 reveals that 93% of the respondents are male and 7% of the respondents are
female. Hence, Majority of the respondents are male (93%)
Table 4.2 shows that 7% of the respondents are under graduates, 16% of the
respondents are professionals, 13% of the respondents are post graduates. Thus, Majority of
the respondent have an educational qualification of college level (71%)
Business 45 37
Private employees 40 33
Government employees 20 17
Students 15 13
Table 4.3 reveals that 37% of the respondents are doing business, 33% of the
respondents are private employees, 17% of the respondents are government employee, 13%
of the respondents are students. Therefore, Majority of the respondent are doing business
(37%)
Yamaha Fascino 20 16
Yamaha SZ- RR 13 11
Yamaha Fazer- FI 47 39
Yamaha Ray ZR 28 23
Yamaha FZ 25 4 3
Yamaha YZF R1 2 2
Yamaha MT 03 2 2
Source: Primary Data
Table 4.4 above table reveals that 39% of the respondents have Fazer bikes, 23%
of the respondents have Ray bikes, 16% of the respondents have Fascino bikes, 11% of
the respondents have SZ- RR bikes and the remaining respondents have the other models
of Yamaha. Majority of the respondent have Yamaha model bikes from Fazer-FI (39%)
PARTICULAR 5 4 3 2 1
S
N.O. % N.O. % N.O. % N.O. % N.O. %
R R R R R
Mileage 70 58. 35 29.1 15 12. 0 0 0 0
3 7 5
Performance 75 62. 30 25 15 12. 0 0 0 0
5 5
Quality 75 62. 30 25 15 12. 0 0 0 0
5 5
Source: Primary Data
From the table 4.5, it is observed that, in mileage 58.3% of respondents strongly agree
about service facility in Yamaha motors while 29. 17% of respondents agree and 12.5%
neither agree nor disagree about service facility. In performance, 62.5% respondents strongly
agree, 25% of respondents agree and 12.5% of respondents neither agree nor disagree and in
quality, 62.5% respondents strongly agree, 25% of respondents agree and 12.5% of
respondents neither agree nor disagree about Yamaha motors.
First service 15 12
Second service 35 29
Third service 40 33
Fourth service 15 13
Table 4.6 reveals that 33% of the customers have acquired three services ,29% of the
customers have acquired second service, 12% of the customers have only acquired one
service, 1 3% of the respondents have acquired four services and the remaining 13 % have
acquired more than four services. Majority of the respondents have undertaken their third
service with Yamaha motors (33%)
PARTICULAR 5 4 3 2 1
S
N.O. % N.O. % N.O. % N.O. % N.O. %
R R R R R
First service 69 57. 30 25 15 12. 5 4.1 1 0.8
5 5 7 3
Second service 63 52. 35 29.1 15 12. 4 3.3 3 2.5
5 7 5 3
Third service 67 55. 35 29.1 15 12. 2 1.6 1 0.8
8 7 5 7 3
Fourth service 67 55. 35 29.1 15 12. 2 1.6 1 0.8
8 7 5 7 3
More than 67 55. 30 25 15 12. 5 4.1 3 2.5
8 5 7
four service
It is observed from the table 4.7 that 57.5% of respondents strongly agree, 25% of
respondents agree, 12.5% of respondents neither agree nor disagree, 4. 17% disagree and
0.83% of respondents strongly disagree about first service. Respondents of 52.5% strongly
agree, 29. 17% of agree, 12.5% of neither agree nor disagree, 3.33% of disagree and 2.5%
of respondents strongly disagree about second service. An identical 55.8% of respondents
strongly agree, 29. 17% of agree, 12.5% of neither agree nor disagree, 1.67% of disagree
and 0.83% of strongly disagree. Respondents of 55.8% strongly agree, 25% of agree,
12.5% of neither agree nor disagree, 4. 17% of disagree and 2.5% of strongly disagree.
From the table 4.8 shows that out of 120 respondents 66% feel very friendly,17% of
the respondents feel that the service provided is friendly,14% of the respondents feel that they
are neither friendly nor unfriendly ,2% and 1% of the respondents feel unfriendly and very
unfriendly respectively. Majority of the respondent feel very friendly with respect to the
service provided and clarification of service enquiry by the employees of Yamaha motors
(66%).
Table 4.9 shows that out of 120 respondents 84% of the respondents have said service
advisor as their source of information,8% of the respondents said that POP is their source of
information, 4% of the respondents replied promotional activities ,4% of the respondents
replied colleague and friends as source of information. Majority of the respondent have
replied that service advisor is their source of information about the annual maintenance
service in Yamaha motors.
It is inferred from the above table 4 . 1 0 that 7 5 % of the respondents are strongly
satisfied with the service staff in Yamaha motors, 13% of the respondents are satisfied with
the service staff, 4% of the respondents neither satisfied nor dissatisfied,4% of the
respondents are dissatisfied,4% of the respondents are strongly dissatisfied with the service
staff. Majority of the respondent are strongly satisfied with the service staff at Yamaha
motors (75%).
It is inferred from the table 4. 1 1showed that 8 4 % of the respondents are strongly
satisfied with the friendliness of service staff in Yamaha motors, 4% of the respondents feel
that the service staff is friendly, 4% of the respondents feel that the service staff are neither
friendly nor unfriendly,4% of the respondents feel that the service staff are unfriendly,4% of
the respondents feel that the service staff are very unfriendly. Majority of the respondent feel
that the service staff at Yamaha motors are very friendly (84%)
Yes 100 83
Partly yes 15 13
No 5 4
Table 4.12 shows that 83% of the respondents said that issues were resolved by the
service staff, 13% of the respondents said that their issues were resolved partly and 4% of the
respondents replied that none of their issues were resolved by the service staff. Majority of
the respondent replied that their issues were resolved by the service staff of Yamaha motors
(83%)
NO. OF
PARTICULARS RESPONDENTS PERCENTAGE
It is inferred from the table 4.13 that 84% of the respondents are strongly satisfied
with the service and will refer Yamaha motors to friends and colleagues, 4% of the
respondents are satisfied,4% of the respondents feel are neither friendly nor unfriendly,4% of
the respondents are dissatisfied,4% of the respondents are strongly dissatisfied with the
service. Majority of the respondent are strongly satisfied with the services and will refer
Yamaha motors to friends and colleagues (84%)
FIGURE 1.1
Specifications:
• 43-KM per ltr.
• 249 CC bike.
• Power: 20.9 per sec.
• 8000 revolution per minute.
• Engine kind: Air-cooled, four-stroke, two-valve, Single cylinder
• Brake: front and rear disk.
• Best range.
• Analog meter.
Figure1.2
Figure1.3
Specifications:
• Kind: motorcycle
• 149 CC bike.
• Best mileage
. • analog meter
Figure 1.4
Specifications:
• Kind: moped
• 113 CC bikes
• Best mileage.
• Analog meter
Figure 1.5
Specifications:
• 45-KM per ltr.
• Kind: motorcycle.
• 149 CC.
• High speed is 112KMPH.
• Power :13.8 per sec.
• 8000 revolution per minute.
• Engine kind: Air-cooled, four-stroke, two-valve.
• Brakes :front disc and rear drum.
• Best mileage.
Figure 1.6
Figure 1.8
Specifications:
• 50 KM per ltr.
• Kind: motorcycle.
• 149 CC bikes.
• High speed is105KMPH.
• Power 12.1 per sec.
• 7500 revolution per minute.
• Engine kind: Air-cooled, four-stroke, two-valve.
• Brakes: front disc and rear drum.
• Best range.
• Analog meter.
Figure 1.10
Figure 1.12
Specifications:
• 50 KM per ltr.
• Kind: motorcycle
• 153 CC bikes.
• High speed is 117KMPH
• Power 14 per sec.
• 7500 revolution per minute.
• Engine kind: Air-cooled, single cylinder, four-stroke.
• Brakes: front disc and rear drum.
• Best range.
• Analog meter.
Figure 1.13
SUMMARY OF FINDINGS
6. FINDINGS
⮚ It cleared that 93% of respondents are male
⮚ It is clear that 33% of the respondents have undertaken their third service with
Yamaha motors.
⮚ It is concluded that maximum number of respondents said that service advisors are
⮚ It is clear that 66% of respondents let me know about the annual maintenance through
⮚ It is clear that 75% of respondents are strongly satisfied with the Instant service
⮚ It is found that 83% of respondents replied that Yamaha motors service team is very
⮚ It is cleared that 83% of the respondent replied that their issues were resolved by the
⮚ It is concluded that 84% of the respondent are strongly satisfied with the services and
⮚ The maximum number of respondents strongly satisfied with after sales services. So,
⮚ It is observed from the table that chi-square value is 54.545 and p value is .000 which
is less than 0.05. Hence null hypothesis is accepted. So it is concluded that there is
no significant relation between gender and level of satisfaction on after sales
experience in Yamaha motors.
⮚ It is observed from the output table significance value is 138.33 because the cell
frequencies were all equal. The statistically significance results are indicated by
greater than tabulated value Hence, null hypothesis rejected and is concluded that
⮚ It is observed from the output table significance value is 53.33 because the cell
frequencies were all equal. The statistically significance results are indicated by
greater than tabulated value. Hence, null hypothesis rejected and is concluded that
SUGGESTIONS/RECOMMENDATION
7. RECOMMENDATION
⮚ In the present days, the most important media looks to be TV, internet and social
media. So, the companies should utilize the above mentioned media to influence the
people to purchase it rather than going for traditional media like newspaper,
magazines and so on.
⮚ The company should focus on providing a fresh and innovative bikes to the
consumers which makes the market to be more oligopolistic and hence the company
can easily accelerate the market share
⮚ Looks and style of the bikes must be unique and an innovative one and at the same
time the company should focus on providing a quality products which have a better
mileage in it
⮚ Consumers first consider the mileage followed by style and performance and hence the
⮚ Yamaha motors should increase the number of incentives provide to the customer i.e.
⮚ Before introduce any new facilities in sales service Yamaha motors should meet
sales service, if they will motivate their employees with handsome incentives &
reward for creating customer delight. Many global automotive giant are practicing this
marketing strategy these days.
⮚ Yamaha motors have to think carefully on its labours charges price cut off will enable
a
huge market share & it will force the customer’s to switch off to other service
provider.
⮚ Customer are satisfied with the service provided, Yamaha motors needs to concentrate
⮚ Most of the respondents face the problem in high price of spare parts. So the price
It makes crystal clear from the study that it is necessary to retain the
customers towards our brand which influence the company to reap the success of the
business. Hence the researcher took the concept to identify how customer satisfaction
has influenced them to prefer Yamaha motors in Ballari. The present study has a keen
concentration on not only preference of bikes but also how they are offering after sales
services to the customers. The researcher measured based on various attributes and
identify that sales service was efficient and at the same time effective too. Yamaha
bikes very known for not only design as well as performance but also it give high
satisfaction to the riders. However, After sales services also very effective because they
had a proper communication with the clients to differentiate their services from others.
Products will be more updated according to customer needs by using proper after sales
service data and knowledge. This will cut off extra cost of product and make it more
competitive in the market. Being active and successful computer components
distributors is not possible unless by providing the good after sales service.