C R M WITH SPECIAL REFERENCE TO ELITE MOTORS ...
-
Upload
khangminh22 -
Category
Documents
-
view
3 -
download
0
Transcript of C R M WITH SPECIAL REFERENCE TO ELITE MOTORS ...
PROJECT REPORT
ON
“A STUDY ON CUSTOMER RELATIONSHIP MANAGEMENT WITH SPECIAL
REFERENCE TO ELITE MOTORS VOLKSWAGEN BENGALURU”
BY
Keerthi Sagar G
1NH18MBA32
Submitted to
DEPARTMENT OF MANAGEMENT STUDIES
NEW HORIZON COLLEGE OF ENGINEERING,
OUTER RING ROAD, MARATHALLI,
BENGALURU
In partial fulfilment of the requirements for the award of the degree of
MASTER OF BUSINESS ADMINISTRATION
Under the guidance of
Assitant Prof
. Ms Saumi Roy
2018-2020
CERTIFICATE
This is to certify that KEERTHI SAGAR G bearing USN 1NH18MBA32, is a
bonafide student of Master of Business Administration course of the
Institute (Batch), autonomous program, affiliated to Visvesvaraya
Technological University, Belgaum. Project report on A STUDY ON
CUSTOMER RELATIONSHIP MANAGEMENT ‖is prepared by him/her under the
guidance of Asst prof saumi roy , in partial fulfillment of requirements
for the award of the degree of Master of Business Administration of
Visvesvaraya Technological University, Belgaum Karnataka.
Signature of Internal Guide Signature of HOD Principal
Name of the Examiners with affiliation Signature with date
1. External Examiner
2. Internal Examiner
DECLARATION
I, Keerthi Sagar G, hereby declare that the project report on “A STUDY ON CUSTOMER
RELATIONSHIP MANAGEMENT WITH SPECIAL REFERENCE TO ELITE MOTORS
VOLKSWAGEN” with reference that is prepared by me under the guidance of Asst prof saumi
roy , faculty of M.B.A Department, New Horizon College of Engineering.
I also declare that this project report is towards the partial fulfilment of the university
regulations for the award of the degree of Master of Business Administration by Visvesvaraya
Technological University, Belgaum.
I have undergone an industry project for a period of Twelve weeks. I further declare that this
report is based on the original study undertaken by me and has not been submitted for the award
of a degree/diploma from any other University / Institution.
Signature of Student
Place:
Date:
ACKNOWLEDGEMENT
The successful completion of the project would not have been possible without
the guidance and support of many people. I express my sincere gratitude to Pavan
bharegowda , for allowing to do my project at A STUDY ON CUSTOMER
RELATIONSHIP MANAGEMENT WITH SPECIAL REFERENCE TO ELITE MOTORS
VOLKSWAGEN.
I thank the staff of ELITE MOTORS VOLKSWAGEN, Bengaluru for their support
and guidance and helping me in completion of the report.
I am thankful to my internal guide asst prof Saumi Roy, for his constant support
and inspiration throughout the project and invaluable suggestions, guidance and
also for providing valuable information.
Finally, I express my gratitude towards my parents and family for their
continuous support during the study.
KEERTHI SAGAR G
1NH18MBA32
TABLE OF CONTENTS
SL. NUMBER CONTENTS PAGE NUMBERS
1 Executive Summary 1
2 Theoretical Background Of The Study 13-19
3 Industry Profile &Company Profile 20-44
4 Application Of Theoretical Framework 20-44
5 Analysis And Interpretation Of Financial
Statements And Reports 54-82
6 Learning Experience- Findings,
Suggestions And Conclusion 83-86
7 Bibliography 87
C R M WITH SPECIAL REFERENCE TO ELITE MOTORS
VOLKSWAGEN BENGALURU KEERTHI SAGAR G
1NH18MBA32 Dr. Saumi Roy
Assistant .Professor
Executive summary
The biggest challenge for the management in this modern world is to maintain good
relationship and serve the Customers in better manner.
In olden days company was just concentrating towards selling their vehicle or products they
were not concentrated to words maintaining CRM. These days the companies are concentrated
to words maintaining good (CRM) customer relationship management so that they don’t want
to lose the present customers. Thus the study on Customer relationship management is
undertaken at Volkswagen Bangalore, to study present practices of CRM in Elite motors
Volkswagen Bangalore, to know the behavioural changes of customer to understand various
technique’s used by Volkswagen to retain their customer
Also to check whether the products and services are meeting the customer needs and to suggest
feasible solution’s to improve CRM. For this purpose descriptive research is selected and both
the primary and the secondary data is collected using questionnaire.
The findings with respect to the study includes the company is using effective after sales
service to attract the customers ,they inform the customers in advance about the next service
and if there is any new product ,majority of the respondent are satisfied with the CRM
maintained by the ELITE motor Volkswagen, at most of the respondent says company will
respond to their need quickly, 58% of the respondent says Volkswagen is good compared to
other company, most of the respondent says company employee show concern when they have
problem.
This shows that the company has maintained good relationship with the customer .ELITE
motors are maintaining good relationship with the customers, they are providing the vehicle
for the loan thus their sales has been increased and in Bengaluru the Volkswagen vehicle are
doing good by that we can say Volkswagen is a luxuries dependent and branded product.
The company is suggested to further improve it services, by declining the rate of interest they
can increase the number of the customers, and the company can provide door to door services
to further increase its sales, by decreasing the rate of interest even the middle class customers
can be get attracted towards the company and it is also suggested to increase the number of
outlets in Bangalore.
LIST OF TABLE
Table
Number
Particulars
Page
Number
Table 4.1
Table representing the gender of the respondent
55
Table 4.2
Table showing to which age group respondent belong
56
Table 4.3
Table representing the respondent occupation
57
Table 4.4
Table showing the annual income of the respondent
58
Table 4.5
Table showing the calculation that from how long respondent
are the Volkswagen customer
59
Table 4.6
Table showing which model of Volkswagen car do respondent
own
60
Table 4.7
Table representing how respondent come to know about
Volkswagen
62
Table 4.8
Table showing from whom did respondent purchased the
vehicle
64
Table 4.9
Table representing are respondent know about the safety
features provided by the Volkswagen
65
Table 4.10
Table showing how respondent come to know about the safety
features
66
Table 4.11
67
Table showing the calculation of what kind of the offers did
respondent get while purchasing
Table 4.12
Table showing what mode of payment did respondent use to
purchase
68
Table 4.13
Table showing what made respondent to purchase the vehicle
69
Table 4.14
Table showing the calculation of satisfaction level that
respondent get from the service provided by the ELITE motors
70
Table 4.15
Table representing respondent view towards Volkswagen price
71
Table 4.16
Table showing the opinion of respondent towards CRM
maintained by the Elite motors
72
Table 4.17
Table showing the opinion of respondent towards delivery of
car after service
74
Table 4.18
Table representing is Volkswagen fulfilling the respondent
needs
75
Table 4.19
Table showing how quick the company response to
respondents
76
Table 4.20
Table showing how is respondent relationship with the
company
77
Table 4.21
Table representing do respondent trust the brand image of the
Volkswagen
78
Table 4.22
Table showing will company inform the respondent regarding
the service pending
79
Table 4.23
Table representing will respondent suggest to buy the
Volkswagen products
80
Table 4.24
Table showing the respondent view towards Volkswagen
compared to other company
81
Table 4.25
Table representing will company employee show concern to
respondent come with the problem
82
LIST OF GRAPH
Graph
Number
Particulars
Page
Number
Graph4.1
Graph representing the gender of the respondent
55
Graph4.2
Graph showing to which age group respondent belong
56
Graph4.3
Graph representing the respondent occupation
57
Graph4.4
Graph showing the annual income of the respondent
58
Graph4.5
Graph showing the calculation that from how long respondent
are the Volkswagen customer
59
Graph4.6
Graph showing which model of Volkswagen car do respondent
own
60
Graph4.7
Graph representing how respondent come to know about
Volkswagen
62
Graph4.8
Graph showing from whom did respondent purchased the vehicle
64
Graph4.9
Graph representing are respondent know about the safety
features provided by the Volkswagen
65
Graph4.10
Graph showing how respondent come to know about the safety
features
66
Graph4.11
Graph showing the calculation of what kind of the offers did
respondent get while purchasing
67
Graph4.12
Graph showing what mode of payment did respondent use to
purchase
68
Graph4.13
Graph showing what made respondent to purchase the vehicle
69
Graph4.14
Graph showing the calculation of satisfaction level that
respondent get from the service provided by the ELITE motors
70
Graph4.15
Graph representing respondent view towards Volkswagen price
71
Graph4.16
Graph showing the opinion of respondent towards CRM
maintained by the Elite motors
72
Graph4.17
Graph showing the opinion of respondent towards delivery of car
after service
74
Graph4.18
Graph representing is Volkswagen fulfilling the respondent
needs
75
Graph4.19
Graph showing how quick the company response to respondents
76
Graph4.20
Graph showing how is respondent relationship with the company
77
Graph4.21
Graph representing do respondent trust the brand image of the
Volkswagen
78
Graph4.22
Graph showing will company inform the respondent regarding
the service pending
79
Graph4.23
Graph representing will respondent suggest to buy the
Volkswagen products
80
Graph4.24
Graph showing the respondent view towards Volkswagen
compared to other company
81
Graph4.25
Graph representing will company employee show concern to
respondent come with the problem
82
Chapter 1
INTRODUCTION
Introduction about the internship
Internship is a short term process of 10 week, where Iam going to visit the company and
experience the corporate environment. It is a mandatory task for the completion of our MBA
programme under VTU. My internship was done within the organisation called Elite motor
private limited, Volkswagen Bangalore. I fixed several learning goals that I wanted to full fill
them during of the time of my internship.
In the period of my study I am going to learn how the automobile industry is doing its
operations and how it is performing in the society. By the period I am going to understand the
strategies of automobile industry. With the help of study I am going to learn the corporate
ethics and knowledge required in the corporates. Get the required training from the
organisation. By that I am going gain the field experience. By the help of study I am going to
identify whether this kind of work is possible with me or not.
This internship includes my performance that I have contributed to achieve the basic goals I
stated. In the particular chapters a description of the Elite motor private limited and their
operation are given. After achieving of the goals which I have stated, I have given the
conclusion long with my internship experience according to the objective stated.
Study on the topic
“A STUDY ON CUSTOMER RELATIONSHIP MANAGEMENT IN ELITE MOTORS Pvt
LTD WITH SPECIAL REFERENCE TO VOLKSWAGEN BANGALORE”
Introduction about the topic (CRM)
The biggest challenge for the management in this modern world is to maintain good
relationship and serve the Customers in better manner. The Customers are having more
bargaining power compare to past where they were not having alternative source of supply or
supplier. But today there is a huge change or transformation has been happened. The
environmental changes in business competition, liberalisation, high customer choice, more
alternatives, and customer do evaluate quality and value of the product before purchase.
These changes have been made customers to shift from one product to another product and old
traditional market to modern market. Modern marketing is focus towards developing a product,
pricing it, promoting it and making it available to focused customer. It builds more interaction
and value added relationship with the customer.
The Customer Relationship Management means the procedure of building co-operative and
collaborative relationship between seller and buyer. It is shortly known as CRM.
Definition
According to APICS Dictionary, CRM is defined as “The collection and analysis of
information designed for sales and marketing decision support to understand and support
existing and potential customer needs.”
Need of study/Statement of the problem
In olden days company just on concentrate selling their vehicle or products they were not
concentrated to words maintain CRM. These days the company are concentrated to words
maintaining good (CRM) customer relationship management so that they don’t want to lose
the present customers.
Through this they can grab the attention of new customer in future. By that they can increase
the sales, and gain good position in the market.
• CRM is used to know about the key customer wants and requirement so that they can
develop strong relation
• CRM is a company activity concentrated to attract the new customer and full fill the
requirements of them
• Important aspect of CRM is customer focus
• Helps the organisation growing in new and comparative world
Objectives of CRM
• To study present practices of CRM in Elite motors Volkswagen Bangalore
• To study the behavioural changes of customer
• To understand various technique’s used by Volkswagen to retain their customer
• To check whether the products and services are meeting the customer needs
• To suggest feasible solution’s to improve CRM
Scope of the study
The study is restricted to ELITE motors Pvt, LTD, Volkswagen at Bengaluru to know how the
company is maintaining its relationship with the customers.
Methodology of conducting research
➢ Research design
Type of the study that I have conducted is descriptive research study, which is the suitable to
know CRM at Elite motors Pvt. Ltd, Bangalore. The study can be used to identifying various
prospects
➢ Sampling method
The suitable method for research is a convenient sampling and random sampling. Convenient
sampling is selected because researcher will not get chance to collect the response from all the
customer of Elite motor Volkswagen Bangalore.
➢ Sources of data
Collection of data is done through the primary source and secondary source. The study is
completely based on sampling method. In this study the data is collected through customer
directly with interaction.
• Collection of primary data
Collection primary data is done with the help of some structured questionnaire which is
administrated to the different customer of Elite Motor Volkswagen Pvt ltd Bangalore.
• Collection of secondary data
Secondary data for this project is collected through genuine sources which are already been
examined by the experts and preceded. The sources for the study like company website,
journals and annual report.
Field work
It consists of 10 week field work and the survey has conducted in Bangalore for the ultimate
users of the Volkswagen customers.
Method of collection of primary data
Primary data is collected from direct interaction with the customer
Research type Descriptive
Research approach Survey method
Sources of data Secondary and primary data
Instrument of research Questionnaire
Plan of sampling Sampling unit ; customer
Size of sampling ; 100
Procedure of sampling ; convenient sampling
Method of contact Direct
Data analysis
After collection of primary data the analysis has made and represented in the form of graph
which is stated in upcoming study
Literature Review:
According to Dr Hisham Sayad Soliman in June 2011
At present CRM is considered as one of the important concept to be maintained by every org
as it helps in building of relationship with the customers and it is one of the strategy that is
adopted by the org to maintain strong relation with the customers for longer period. It reduces
the skipping of company by the customer. It helps in maintaining loyalty by the customers
towards the company
According to Alok Mishra, Deepti Mishra in 2009
CRM is going to help the company to maintaining good relationship by regularly interacting
with the customer. That is going to help the company in terms of fare computation in the society
CRM is a combination of relationship technology and information the implication if CRM is
costlier so if it is implementing then it should be maintained properly towards profitability
According to Clay and Maite ; in 1999
Customer relationship is a processes of long term where company can be more profitable by
maintaining good and effective CRM that is going to build a strong bridge between customers
and the company so that they both will be connected with the help of the modern technology
as well as strategies of market
According to Cirik ; in 2001
Customer relationship management is a process of maintaining all database of customer with
the help of technology where the company will get all the information of their customer with
just one click so they can connect with their customer for longer period
According to Doug ; in 2002
Customer relationship management is a part of business it is a kind of strategy which is used
by the company to follow the customer so that they can identify the customer requirement and
the changing need of the customer by that they can attract more number of new customers with
the help of present customer
Limitation of the study
• Time is limited in the study it’s a short period process
• In completion of project, I face the problem of budget
• I don’t have past experience so I have used the secondary data also in the project that I
prepared
• The company is not ready to give the sufficient data which is required to project
• Due to shortage of time, the study was restricted to only 100 respondents
• Response from the customer is restricted because of time limitation
CHAPTER - 2
Industry profile and company profile
Introduction:
The automobile industry is a combination of company and organisation which involved in
designing, development, manufacturing, marketing and selling of the motor vehicle.
Automobile industry plays an important role in the development of world economy and
contributing more to words the economic sector by revenue.
The term automobile has been derived from the 2 different languages one is Greek AUTOS (it
means self) and the 2nd one is derived from Latino MOTIVUS (it means of motion). The word
was contributed by ELMER SPERRY
About industry
This is one of the fast growing industries in the world. It has influenced world market in a
grater manor. This industry occupied the large market share in the world
History
The automobile which is capable of transporting human was firstly built in 1768 it was a steam
engine. The first car with hydrogen fluid and internal combustion was designed in 1807. The
first petrol car was manufactured in 1886 that was done by Benz. In 20th century the cars which
can run with the help of electricity has been introduced to world
The automobile industry is been established or started in 1760s with hundreds of
manufacturers, by keeping a concept that is “horse less carriage”
For so many years the United States contribute total production in the world of automobile. In
1929 before the great sorrow they had 32crore automobile in USA, and the US automobile
industry has contributed over 90% of them, at that period the US people are having 1 car for
every 5 members.
After the World War 2, the US is able to produce only 75% of the world auto
In 1980 the Japan becomes the world largest automobile producer by taking over the US and
it was continued till 1989. In 2006 also Japan leads the world and held the same until 2009.
The china has identified the opportunity and utilise it by establishing 13.8 million units. They
manufactured over 19.3 million units. Suddenly china has doubled the production of US then
Japan dropped to 3rd place with the units of 9.9 million.
In 1970, 140 models were developed,
In 1998, 260 models were developed,
In 2012, 684 models were introduced
It’s started growing on 1970 and still it is growing widely throughout the world in great manner
Safety
Safety is a important and necessary aspects which says protection from any of the risk, threat,
damage, danger or cause of injury
In automobile industry safety not only for users but also for operator’s manufacturers, where
they should not face any kind of risk or danger comes from the motor vehicle or its spares and
these should be cleanly check of damages that should be done before launching the vehicle.
In automobile industry safety is important concept or aspect that they have to look for, safety
is highly required and essential in automobile industry. Automotive have to follow or consider
certain norms values and regulation. Where local and international, in order to accepted in the
market by the people.
ISO 26262 is the best standard to be considered as one of the frame work to achieving and
gaining the view towards customer safety.
In case of product defect, danger, faulty production in safety issues during manufacturing the
vehicle. In that case maker can make a request to marketer for returning entire batch of faulty
products. This process called as “Product recall”.
It happens or occurs in every industry so that product test and inspection is conducted to check
the motor capacity and to avoid the product recall procedure, that company face should not
face any problem during the adoption of safety measures in automobile industry.
Table:2.1Rank according to the production in last 3 years
Rank In 2012 In 2013 In 2014
1 Toyota Toyota Toyota
2 General motor General motor Volkswagen
3 Volkswagen Volkswagen General motor
4 Hyundai Hyundai Nissan
5 Ford Ford Hyundai
6 Nissan Nissan Ford
Table: 2.2 Car manufacturing and their parental company
This is the list of the company where they belong and who are there owners. These are the
company which belong to various nations
India is having the ownership of 4 companies in the below table and that to the popular
company like Jaguar, Land Rover
Maker Parent Owner Parent Country
Aston Martin Aston Martin U K
Audi Volkswagen Germany
BMW BMW Germany
Suzuki Suzuki Japan
Datsun Nissan Japan
Ferrari Fiat Italy
Jaguar Tata India
Land Rover Tata India
SsangYong Mahindra &Mahindra India
Tata Tata India
Automobile industry in India
35 to 40% of the automobile industry in India is in Chennai, by 2017 it will be one of the
largest hub and going to produce around 3milion cars annually.
Scorpio is the best-selling SUV in the India
History of automobile industry in India
Before the independence the car showroom is located in Secunderabad.
The Hindustan ambassador contributed Indian economy from 1960 to 1980. The first car ran
on Indian road was at 1897 and from 1930 the cars were imported and that to in very small
number.
The automobile industry has been established in India at 1940 and the first car was launched
at 1942 by Hindustan motors. The competitor for Hindustan motor was premier and they were
manufacturing GM (General motor)and Fiat products respectively.
Mahindra and Mahindra were started by 2 brothers and it was established in 1945. They first
concentrated in assembling the jeep cj-3a utility vehicle they continued after independence
also.
The private company and the government of India put lot of effort in establishing automobile
industry to full fill the needs of people in India
Automobile industry before independence
In 1903 the first public taxi service has been started from the American company, the number
of cars were 50. After car has been introduced to India car’s has been directly imported from
foreign nation for 50 years
Some 40,000 motor vehicle has been imported to India before the World War 1. During the
World War, a small assembling unit has been planted in Bombay, Calcutta, and Madras. This
is the start of automobile industry in India
There was constant growth in import/assembling units in India after 1920s, that has just crossed
30000 units by 1930. At the end of War they realised the impertinence of establishing Indian
automobile industry to a nation. First motor, Hindustan motor and Mahindra & Mahindra
started the Owen factory in the period of 1940s for manufacturing the vehicle rather than
assemble the imported materials from other countries. The cars they choose to manufacture are
the latest in the world.
Automobile industry after independence
The Indian government stopped down the imports and foreign investment. Company like Ford
and GM take their bags and left India. From then India’s clock just stopped constant but the
world raced ahead. It will take around 50 years to catch up with the world automobile industry.
The birth of Ambassador
In 1957 the rear fender were given addition spare like small tail fin on either side, the dimpled
hood was added to give the smart look, the car was renamed as mark 1. In that time only car
was costing Rs 17000. In 1963 some more modification was made like grille and that was
named as mark 2. In 1975 the alteration with front length they made bigger frontal that is named
as mark 3.
In the year 1990 the new model was launched by the name Nova, three year later one more
1800 ISZ. Nova was the last engine with the power 1489cc that to in petrol engine. In 2004
HM launched the car in the name of Avigo by keeping ambassador model. The car was
designed by Mavendra Singh, the Avigo has a classic look from the outside and internal like
mounted console, wooden finished interiors and coloured seats.
Time of Contessa
H M has launched the car by the name contessa, it was launched in 1982. On those days one
of the luxury car manufactured in the boundaries of nation.in 1980s and 1990s. The contessa
was based on 1970s vintage Vauxhall Victor. For the first time India came up with the 1489cc
engine, later contessa was given with the Isuzu engine. They have the 3 versions of car in this
model that is- 18GLX (Isuzu Petrol),2.0DLX (Isuzu Diesel) and the rear 2.0T (Isuzu Diesel
Turbo). The contessa has been stopped in 2002, because of the cheaper cars from Japan
Issue of license
In the period of 1950s and 1960s the growth of automobile industry was much slower due to
nationalisation and license raj, which affected the Indian private sector
After 1970 the restriction towards the importing of the vehicle was set upped. After the
automobile industry started growing but still the demand is only for tractors, commercial
vehicle and scooter.
The car was still a luxury indicator. In 1970 the price control system is removed from then
1980 the automobile industry is dominating the economy with the help of Hindustan and
Premier
The first expo of cars held or conducted at Delhi in 1986 for the first time to promote the
automobile industry. That expo was just to show how well they are utilising and grabbing the
new technology to words development
Liberalisation
Slowly multinational automaker like Suzuki, Hyundai of South Korea and Toyota of Japan
were given permitting to contribute in markets of India, stating that in India automobile have
greater growth in future.
The first and foremost successful automobile company in India is Maruti Suzuki, as a new
entry t was still a growing company. In 1991 the liberalisation automobile industry has just
started, some of the foreign company showed interest to come and invest in India by joining
with the existing company. The different kinds of product were offered to the customer, these
are all happened in a short period of time.
Export growth in India
At the beginning exports were slower and moderate in India, the small no of vehicles were
exported to foreign countries. If the trade happens also it will in a small quantity. In 1987
approximately 480 cars were exported to Europe by Maruti Suzuki. Later the growth happens
in mid 90s, then onwards the growth take place in an average form where the export rate is not
so high or less. So it helps Indian economy to show how they are developing.
Indian automobile exports are growing constantly and reached US $4.5 billion in 2009. The
UK is being largest export market for India followed by Italy and Germany.
According to New York Times, India has expertise in manufacturing at low cost, fuel efficient
cost is helping India to compete in a world.
• Tata Safari is used in Poland
• Mahindra Scorpio is used as CNSAS vehicle in Italy.
These are the largest Indian automobile industry players
• Tata
• Mahindra and Mahindra
• Maruti
• Premier
• Hindustan motors
Table: 2.3 Top 10 country to whom India is exporting
Rank Country Share in %
1 U S 8.4
2 Mexico 6.9
3 South Africa 6.1
4 U K 4.4
5 Srilanka 4.1
6 Bangladesh 4.1
7 Turkey 4
8 Nigeria 3.8
9 U A E 3
10 Colombia 3
Company profile
Company name Volkswagen
Chief Executive Officer Matthias Muller
Headquarters Wolfsburg, Germany
Business outline Manufacturing and sales of automobile product
Date of establishment 28-05-1937
Industry Automobile industry
Slogan Das Auto
Volkswagen
This is company which people think it belong German automobile. But it is a sub brand of
Volkswagen AG groups, 9 major brand of automobile comes under Volkswagen AG. It is the
second largest automobile company after Toyota groups, Volkswagen is followed by general
motor groups and
The operating unit of Volkswagen is in 15 European countries and it contains 61 manufacturing
units. The Volkswagen has its headquarters is located in Wolfsburg and it is the largest car
maker in Europe.
Most of the people think Volkswagen is a single brand but there is a surprise for a everyone,
the brand like Audi, Bentley and Lamborghini are the sub brands of Volkswagen AG groups.
In all the group overall 170 different kind of cars were manufacture and sold with proud.
These are the different brands which are organised by Volkswagen AG.
Volkswagen: - These are a brand which is manufacturing the vehicle for both common
people and also premium clause people. The products like Polo, Vento, Phaeton, Passat and
Beetle comes under this brand
Audi: - This is a brand which is going to manufacture the luxury product’s, it also
has the series from A1 to A8. A1 is the starting range of product and A8 is the luxury sedan
for premium people. Audi is also twin natured it means the products are available in sedan and
off road vehicle
Bentley: - This is one of the world luxury brand and the most premium cars were
manufactured
Skoda: - This is a very attractive product, it is available at the affordable price and
the products are like very attractive in nature. They offer luxury product at medium price. Like
Fabia, Laura, Superb and Yeti.
Lamborghini: - It doesn’t need any information, by hearing the name only people will
comment on it.
Buggati: -They are the manufacturer of the fastest car in the world. They hold the world record
of fastest car. The car travels at the speed of 422 mph
Volkswagen India
Volkswagen’s footprint in India has been very much successful and it is growing in good
manure since it entered on 2001. The headquarters’ is located in paneMaharashtra, Volkswagen
has five brands in India they are as follows Volkswagen, SKODA, Porsche, Lamborghini and
Audi. The journey has started from 2001 when they launchedwith SKODA. Audi and
Volkswagen make entry in India on 2007, in 2012 they made entry with Porsche and
Lamborghini. Today they are in a good position in the market and they have very good
engineering team, which help them in manufacturing world most loved car.
Volkswagen India belong to the group called Volkswagen AG, it is identified in 7
europiumcountry and represented by 12 brands globally. The brands are as follows
• Buggati
• Porsche
• Audi
• Lamborghini
• Bentley
• Scania
• SEAT
• SKODA
• Volkswagen passenger car
• Volkswagen commercial vehicle
• MAN
• This is one motorcycle brand which come under Volkswagen; Ducati
By seeing this line up any can say what kind of company it is
From low cost product to luxury cars they are manufacturing all around the world, they are
even producing commercial vehicle, pick-up trucks and bus are also available in the brand of
Volkswagen, they are meeting the standards of the industry has set. Volkswagen is operating
more than 100 production plants around the globe. They have provided the employment
opportunity to more than 5,00,000 people in manufacturing and its related processes. More
than 30,000 vehicles they are manufacturing daily.
Volkswagen had a good name in europium country, they are the most successful car band
manufacturer, they present themselves in a good manor, and they are manufacturing low cost
products to high volume products. Lateran they concentrated on Indian market. In 2007
Volkswagen launches Passat globally. Volkswagen launched one of its best-selling model in
India on July 2008 the car name is Jetta. Jetta and Passat are assembled locally in India.
In the year 2009 the Volkswagen has launched their popular cars in India, they are high end
SUV Touareg and new Beetle. They are very successful in Indian market, Volkswagen plan to
gain more market share in the Indian market. So they come up with the new products named
Polo and Vento and also top end car Phaeton. They are very much successful already in the
europium market.When they are launched the Passat they come up with the new technology
called BlueMotion in 2011. It was followed by all New Jetta TSI. The new and modern
technology has been introduced in India.
The Volkswagen come with the special feature in 2013 it is adapted to Polo that feature is GT
TSI, which is of 7speed DSG it means (direct shift gearbox) transmission. The facility like
hatch provides more performance and maximum power to car. And also that car is going is to
give the mileage of 17.2km/Pl that is going to satisfy the customer of the Volkswagen. The car
is environmentally friendly and with less emission. The TSI engine has been awarded for the
8th time in the row the award is international engine of the year.
One of the plant in Pune has been established by investing the amount Rs3800 crores (580
million Euro) that is the highest investment made by the automobile industry in the land of
India.
In India Volkswagen is providing the employment opportunity for more than 5000 people in
various locations in India. Among them 3500 people are employed in Pune plant only and
others people are working in various plant across India
Volkswagen plant in Pune
The Volkswagen plant is located in Pune with the acquired location of 575 acres, building
covering 115000square metres. This is the company which has invested the huge amount in
Indian land they have invested around 3800 crores. This is the highest investment that had
made by foreign country over India till now. The plant has built just in 17 months that is also
a record time of construction, the investment made by Germany Company in the growing
Indian economy.
Production
This is the production plant which is going to produce 1,30,000 vehicle in a year, the
commencement of construction of plant started in 2007, after that the production has
maximised in the year 2011.
The S C Jamir and pro Dr.JochemHeizmann officially inaugurated the ceremony of plant on
31 March 2009
The Pune plant is one of the modern which include new technology, that plant has the large
support from the local. They have used modern technology as well as modern method of
production which is environment friendly, so everyone in society is accepting them and
encouraging
Vision and mission statement of Volkswagen
Vision
“Responsible Business and Customer Benefits”
Mission
Volkswagen group doesn’t have any mission statement officially. The statement that
could be called as mission statement of VW group is
“The Group’s goal is to offer attractive, safe and environmentally sound vehicle which
can compete in an increasingly tough market and set world standard in their respective class”
Product quality policy of Volkswagen
To give all the customer of Volkswagen with a consistently best quality product, we adopt the
best quality standards worldwide guarantying that all the owners will enjoy the quality which
is provided by Volkswagen.
Products of Volkswagen:
❖ New Beetle
Geographical Area
Elite Motor Bangalore
Service available: showroom and service station
Address: No. 49/8-9-10, Singasandra, Hosur Road, Banhalore-560100
Phone:080-42808000-99, 9448422816
Fax: 080-42808080
Contact us/ E-mail: [email protected]
Company Infrastructure
1. Parking facilities for employee and customer
2. Waiting room
3. Canteen facility for employee
4. Well and good security is arranged in the organisation
5. Latest equipment in service department
6. Functional area like human resource, marketing and finance
Award
• Target achievers 110% whole sale 2012-2013
• Growth award, increase in growth of 25% compare to 2013-2014
• Best customer satisfaction award in 2014-2015
• Best service quality award in 2014-2015
Analysis of the competitors
❖ Chevrolet Kropex Bangalore
❖ Trident Hyundai Bangalore
❖ Nandi Toyota Bangalore
❖ Pratham Motors Maruti Suzuki Bangalore
❖ Surya Nissan Bangalore
❖ Sireesh Auto Mahindra Bangalore
❖ Audi Bangalore
❖ Navnit Motors Bangalore
❖ Lathangi Ford Bangalore
❖ Tafe Skoda
Dealership computation
❖ Palace Cross VW Palace road, Bangalore
❖ Apple Auto VW Whitefield, Bangalore
❖ Palace Cross VW Mysore road, Bangalore
SWOT Analysis
SWOT Analysis of the Volkswagen 2015
Strength
1. Well performing brand and good recall.
2. Wide range cars with global presence.
3. Car manufacturing with high profile and
reaching to mass
4. Strong presence of Volkswagen in hybrid
cars and motor sports
5. Volkswagen with more employee globally
in number 350000
Weakness
1. Positioning of car market with reference to
U S passengers is poor
2. Not meeting emission test norms
according to transport department of India.
Causing in loss of global brand image
Opportunity
1. Changing customer needs
2. Fluctuating fuel price
3. Positive attitude towards “ green” vehicle
4. Increasing purchasing power of people for
prestige and standards
5. Increasing global demand for cars
Threats
1. New emission standard
2. Increasing fuel price
3. Rising raw material price
4. Exchange rate
Meaning of SWOT
It is a factor that going to influence the company from inside and the external environment in
SWOT first 2 characters indicates or states about the internals factor is strength and weakness
which the company is going to positive.
Other 2 character are indicates about the company external factor which is going to influence
the company from the outside or external world. The company which are going to face the
computation from the changing society So that we can understand the company profits and
along accordingly to the factor influences the organisation. Company can analyse elements like
what are their strength, in which area they are strong enough to complete in the socially and
they can construct on their strength what are their weakness and they can make some strength
to overcome those things.
Opportunity what are the opportunity they have in the external world. How can they utilise
those things threads what are the threats that a company is facing from external world.
Strength
This is the first and foremost aspect that comes in SWOT and this is one of the internal factor
and done to know the company strong side. In this the company can identify the strength and
they are going to study in depth about the strength that they have and they are going to utilise
those strength in a effective manner in case they have good employee who can work hard
towards achieving the objective.
1. Well performing brand and good recall.
Volkswagen is one of the fast moving and trusted brand in the world so that they have a build
a strong image in the minds if the customer so this has become one of the fast moving brand in
the world and it has the capacity of recalling the customer that’s why it is one of the leading
brand.
2. Wide range cars with global presence.
Volkswagen do provide the variety of cars to choose from so customer have the better choice
to choose from people do trust the brand of Volkswagen because it has its present in many
country so it is easy to convince the customer.
3. Car manufacturing with high profile and reaching to mass
Volkswagen is one of the oldest car manufacturers in the world by that people can trust them
easily and they are giving variety of products to choose from and their products are reaching
to mass in a quicker manner.
4. Volkswagen with more employees globally in number 350000
Volkswagen have a trustable labour force, they do provide the needed support to the company
so they are doing good in the recent trends, with the waste number of employee they can
achieve their targets easily.
5. Strong presence of Volkswagen in hybrid cars and motor sports
Volkswagen also concentrates on motorsports. They do have the hybrid cars which contains
auto gear transmission.
These are the strength of Volkswagen, which they are good at. Volkswagen is having the
advantage of their position in the world and they are providing the verity of cars so that people
can choose which gives they want
Weakness
These is the second thing comes in SWOT analysis these are also internal factor which can be
converted into strength. These are the things which company is lacking behind, they can be
improved by putting efforts.
1. Weak positioning:
In 2012 Volkswagen had few market shares in car market. Volkswagen is the second largest
car manufacturer but they are still not able to position themselves in a greater manner with
reference to US customers.
2. Controversies:
Volkswagen is facing so many controversies and they went to 3rd position last year because of
the fraud in emission. That was the main mistake that Volkswagen made.
Volkswagen don’t have many weakness they are doing good in market and performing well in
the society. They are facing the problem of emission in the recent markets and they overcome
the problem of that area.
Opportunity:
1. Changing customer needs
These days automobile industry is developing rapidly and concentrated on customised product.
The company is providing verity of products. If the customer need is changing regularly then
the demand grows in a faster manner and the company will have the opportunity to utilise them
like provide or manufacture the product what people want.
2. Fluctuating fuel price:
Volkswagen is having the opportunity of demand for small cars and also they have good R&D
tem they are well concentrated on manufacturing the fuel efficient cars which is required by
the society, they have great opportunity in manufacturing the fuel efficient vehicle. Most of the
vehicle of Volkswagen is diesel based cars and the price of petrol is increasing day by day, so
most of the people prefer the diesel cars and they have verity of products in Volkswagen. This
is one of the great opportunities they have in changing market conditions.
3. Positive attitude to words Green vehicle:
These days Volkswagen is concentrating to words manufacture the vehicle of environmental
friendly where people will prefer the same. That is also one of the opportunities which
Volkswagen has.
4. Increasing purchasing power of people:
These days economy is growing rapidly. People can afford the luxury products. Society is
growing day by day, that creates the opportunity to Volkswagen. People want to show their
standard in society so they choose Volkswagen
5. Increasing demand
As the population grows demand for the products also increase that become the opportunity
for the company as the demand grows sales increases so the company must position themselves
in a better manor. Promotion should be attractive in nature
Threats
These are the factors which are going to influence the company from the external world and to
overcome these threats, company need to frame some unique strategy which cannot be copied
by their compotator so easily.
1. New emission standard
In recent days strict rules and regulations are formulated so it is difficult to match the customer
needs a follow the rules which is framed by the government. That has become one of the biggest
threats to the company
2. Increasing fuel price
Price of the fuel is increasing these days, it’s very difficult to manufacture all the cars as a fuel
efficient vehicle. So they are launching more vehicles and investing more on research and
development department.
3. Raising raw material price
These days the prices of raw materials are increasing so it’s difficult to offer the vehicle at
lesser price. As per the price of raw materials, that leads to computation in the society
4. Exchange rates
Government has framed rules and regulation. That led to the problem in exchange rates, so
companies are not coming front to invest in India. If they made investment also, they have to
face the problem of rules and regulation
Prospects and future growth
ELITE motors ltd (Volkswagen) in future they are planning to reach the customer in an
effective manor with the help of skilled labour by providing and fulfilling the needs and
requirements of customer, with good and effective service.
Being customer focused they are planning bring the service to customer door steps and
adopting the changes based on the exportation of the customer
• Modifying the present outlet as customer friendly.
• Widening the geographical area.
• Installing advanced technology and skilled employee.
Financial statement
Particulars March ‘14 March ‘13
12 mths 12 mths
Assets
Noncurrent assets 220,106 202,141
Current assets 131,102 122,192
Total assets 351,209 324,333
March ‘14 March ‘13
12 mths 12mths
Equity and Liability
Equity
Subscribed capital 1218 1,191
Capital reserve 14616 12,658
Retained earnings 71197 72,341
Other reserve -2,081 -459
Capital investment 5,041 2,004
Shareholder investment 89,991 87,733
No controlling interests 198 2,304
90,189 90,037
Noncurrent liability 130,314 115,672
Current liability 130,706 118,625
Total Equity and Liability 351,209 324,333
Comparative balance sheet
Particulars March ‘14 March ‘13 Amount
increase or
decrease
Percentage
increase or
decrease
Assets 12 mths 12 mths
Noncurrent assets 220,106 202,141 17965 8.88
Current assets 131,102 122,192 8910 7.29
Total assets 351,209 324,333 26876 8.28
Equity and Liability March ‘14 March ‘13
Equity
Subscribed capital 1218 1,191 27 2.26
Capital reserve 14616 12,658 1958 15.45
Retained earnings 71197 72,341 (1144) (1.58)
Other reserve -2,081 -459
Capital investment 5,041 2,004 3037 151.54
Shareholder investment 89,991 87,733 2258 2.57
No controlling interests 198 2,304 (2106) (91.4)
90,189 90,037 152 0.16
Noncurrent liability 130,314 115,672 14642 12.65
Current liability 130,706 118,625 12081 10.18
Total Equity and
Liability
351,209 324,333 26876 8.28
Analysis and Interpretation:
Shareholders fund has been increased by 7.29%, retained earnings has been decreased
by1.58%, other reserves decreased by , shareholders investors fund has increased by 2.57%,
current liability has increased by 10.18.
Inference
The increase in the shareholders investment shows that the company is mainly
dependent on the on the equity or shareholders fund, The current assets are more than the
current liabilities, this shows that company is having sufficient liquid assets to meet its
liabilities. The over-all financial position of the company is good.
MARKETING MANAGEMENT
Marketing management represents one of the important functional areas of business
administration, the flow of goods and services from the producer to the consumers. Marketing
management is the processes of analysis, planning, implementation and control of programmes
that has been designed exchanges for the purpose of mutual gain. It is a process managing the
things in marketing, they should know the skill of managing the things in the changing market
Definition
According to William J Stanton “Marketing Management is the Marketing concept in action”.
These are the main objective of marketing management:
➢ To determine the customer wants and needs of the customer
➢ Know the market segmentation
➢ Growth rate of enterprise
➢ Increase the sales
➢ Get more net profit
➢ Concentrate on increasing customer satisfaction
➢ Know the relationship between company and customer
Customer Relationship Management
Customer Relationship Management CRM is not a simply installing and integrating a software
package and it will not happen overnight. CRM is a word which is often used in marketing.
CRM is a combination of methodologies, technology and capability that help the organisation
to maintain customer relationship. The basic purpose of CRM is to enable organization to
perform in a better manner in terms of manage their customers through systematic process and
practice.
Customer relationship management is a strategy of corporate which concentrate on developing
and maintaining long lasting relationship with its customer. CRM is not only a technology but
also holistic changes in organisation.
CRM in terms of technology perspective
In some organisation they think buying and installing software in terms of achieving their
business goals. For some business CRM is not only software but also far more than that. In
olden days companies just concentrate on sales, however CRM is more important these days.
CRM in terms of customer life cycle
Customer life cycle is somewhat like product life cycle. However customer life cycle is
concentrated towards developing and providing the life time value to its customer. It is not only
product oriented but also marketing oriented essential for Customer life cycle
➢ Definition
According to Philip Kotler – marketing is the science and the art of finding, keeping and
growing profitable customer
According to Philip Kotler and Gary Armstrong – CRM is concerned with managing detail
information about individual customers and all customer touch points to maximize customer
loyalty. It can also be defined as an alignment of strategy process and technology to manage
customers, and all customers –facing departments and partners. In short CRM is about
effectively and profitably managing customer relationship through the entire life cycle.
The three important phases of CRM
• Acquisition of customer
• Retention of customer
• Extension of customer
Emerging trends
The automobile industry is growing and an important area of Indian economy. We can see that
through how people are giving importance to show their status by purchasing luxury vehicle.
The demand for the automobile is increasing rapidly these days due to increase in standard of
living, changing trends, increase in income of people
Increasing customer demand leads to high computation, up gradation of technology and
changing environment
• International companies like Nissan, Volkswagen, Toyota, etc. are acquiring the market
these days
• Up gradation is the prime requirement of any company to survive in the market these
days
• With the entry of new models like hatch bag segment, sedan segment, luxury segment.
The prices are also differentiated and people start purchasing from hatch back to sedan
class sedan to luxury models.
• With the increasing number of four wheel vehicle the two wheeler owners have the
verity of option to go for four wheels due to changing trend people are regularly
changing their vehicle so they have a great opportunity to go for four wheels.
Local trends marketing
• purchase of small cars or hatch back segment will drive the people to buy sedan class
cars, however within next two year the demand will be double than the present demand
in market.
• What will also increase the number of car purchase is the availability of the financial
instruction like bank FI’s.
• In second hand car market is also getting better and better, it is getting more value in
the market as more and more new model are entering the market and replacing the older
model.
• If the same continue in the automobile industry in India, this nation will emerge as one
of the leading car sourcing point.
• Customer will be beneficiaries by the increasing of tough computation, so they will
offer the new models, updated technology, good products at affordable price and less
terms & condition. But there i a risk of changing models in industry it increases the grid
of customer to go for replacement
• If the customer are getting superior product in terms of quality, enhanced life span, free
maintenance. It will slow down the growth in the sales.
Trend in International
The automobile industry growth in globule level is just 2% per annum and it is not picking up
the growth level in near terms. Growth has decreased due to the saturation level is increasing
in large car market of the world.
Aims of CRM
CRM is a new idea and technique used by marketer to market their product to public. So that
they can make them as a life time customer and maintain relationship for the longer period.
CRM aims are to make customer loyal towards company.
The company first identify who is likely prospector’s i.e. the people who have strong potential
to purchase a product and have the capacity to pay for it. The company tries to convert the
likely prospectors into first time consumers and then make them as repeat customers. The
processes of converting repeat customer as clients. These are the people who only buy from
the company where they are permanent customer. The upcoming difficulty for the company is
to convert those clients into advocate. One who promotes the company in the market and grab
the new customer to try it, they are known as Advocates
The ultimate task is to convert these advocates in to partners, where the customer and clients
jointly work together to find the way to get the mutual benefits’.
CRM not only concentrate on present market shares but they also concentrate on building the
future relationship as the partners
In CRM the company identifies the small % of key account holder where the contribution from
them is more than 80%. For this CRM is also known as KEY ACCOUNT MANAGEMENT
Why CRMis required
• A satisfied customer in a year will bring 10 more customers to the company.
• By serving the present customer company can save cost up to 7 times.
• 20% of the loyal customers bring 80% of the revenue to the company.
• Can sell the present customer 1 or 2 channels, but to sell new customers it required 1
to 6 channels
Few step to keep customers for life
• Company marketing effort should be concentrated towards maintaining and building
life time relationship.
• People like friendly business, so they should show friendly attitude towards the
customers
• Company should maintain friendly environment in the organisation
• Technology and information should be utilised properly to serve the customer
• Complain should be flexible towards clients
• The company should be in touch with the client even there is no transaction between
company and customers
• The company should provide with the financial and social benefits to the clients
• Company should identify client life style, habit, likes and dislike so that they can serve
the customers in a better manor
• The company should provide delight facility,
Reason of implication of CRM
• Company can gain the customer loyalty and gain their confidence
• Company will give the customised services what they required
• Get better knowledge about customer and their buying behaviour
• They can compare themselves from their ravels
Significance
Customer relationship management is an interacting process of strengthening the relationship
of network for the benefit of both the parties. The biggest challenge of business is to maintain
good relationship with the kings in new market which is liberalised and globalised.
• A 5%increas in customer relation will enhance the company profit up to 200%
• It s7 time costlier than serving the present customer
• 20% of the loyal customer of the company will increase the company revenue by 80%
Introducing CRM in corporate
There are few steps to be considered to maintain CRM
• Identification of customer
• Customer differentiation
• Continuous interaction
• Provided needed requirement
Challenges of CRM
• Waste of time
• It required more cost
• Adequate support from the customer
• Management and cultural barrier
CRM types
• Operational CRM
• Analytical CRM
• Collaborative CRM
E-CRM (Electronic-Customer Relationship Management)
It is one of the modern techniques used by the organisations, where they want to attract the
customer and reduce the cost by ECRM they can save time and as-well as the cost incurred by
the company.
It accomplishes99 all the CRM activities with the help of net that is internet, extranet. ECRM
is going to maintain relationship with customer with the help of information technology.
As an internet it has become more important in corporate world. Many companies think ECRM
is a way to reduce the cost of daily business. By ECRM Company can be in touch with
customers regularly so that they stay with them for life
E-CRM Working process
In modern days customers are interacting with the company through many channels like web,
sales person, dealers, etc. These days company use many ways to contact the customer, with
the help of E-CRM company is able to know more about the customer needs and requirements
with the help of real time information.
Different between CRM and ECRM
➢ CRM- phone, retail store and fax are used to contact the customer
➢ ECRM- email, internet, wireless are used to contact customer
Benefits of E-CRM
➢ Customised relationship
➢ Business communication is don through e-mail
➢ They can provide one to one services
➢ They can market the product or service with the help of websites
CRM in all the places
CRM is the important element with the help of CRM or E-CRM company can connected with
its customer all the time, it is the strategy used by the company to keep customer for life and
convert the potential customer as life time customer. CRM is the key element in some company
to increase the profitability.
These days technology is changing in a fester manner, it’s very difficult to fulfil the customer
need in these conditions, if company maintain good relation they can maintain the data base of
the customer and identify what is required by them.
In olden days CRM is adopted and maintained in the large industry as one of the business
processes. Today the company come to know about the customer relation, that CRM is one of
the key factors to attract the customer, so in these days even the small company also started
adopting the CRM in their daily business so that they can increase their profits.
CHAPTER 4
ANALYSIS AND INTERPRETATION
1. Gender
Frequency Percent Valid Percent
Cumulative
Percent
Valid Male 77 77.0 77.0 77.0
Female 23 23.0 23.0 100.0
Total 100 100.0 100.0
Analysis
From the above table we can say that 77% of the respondents are male and 23% of the
respondents are female.
Inference
Majority of the respondents are male.
Analysis
The above table shows that 50% of the respondents are aged between 25-35 years, 27% of the
respondents are aged between 35-45 years, 15% of the respondents are aged 45 year and above
and 8% of the respondents are aged between 18-25 years.
2. Age
Frequency Percent Valid Percent
Cumulative
Percent
Valid 18-25 year 8 8.0 8.0 8.0
25-35 year 50 50.0 50.0 58.0
35-45 year 27 27.0 27.0 85.0
45& above 15 15.0 15.0 100.0
Total 100 100.0 100.0
Inference
Majority of the respondents are aged between 25-35 year.
Analysis
From the above table shows that 60% of the respondents are employed, 32% of the respondents
are self-employed and 8% of the respondents are other category.
3. Occupation
Frequency Percent Valid Percent
Cumulative
Percent
Valid Employee 60 60.0 60.0 60.0
Self-employee 32 32.0 32.0 92.0
Others 8 8.0 8.0 100.0
Total 100 100.0 100.0
Inference
Majority of the respondents are employee
4. Annual income
Frequency Percent Valid Percent
Cumulative
Percent
Valid Below 3 lakh 2 2.0 2.0 2.0
3-6 Lakh 13 13.0 13.0 15.0
6-8 Lakh 39 39.0 39.0 54.0
8 Lakh & above 46 46.0 46.0 100.0
Total 100 100.0 100.0
Analysis
The above table shows that 46% of the respondents are earning 8 lakh and above, 39% of the
respondents are earning 6-8 lakh, 13% of the respondents are earning 3-6 lakh and 2% of the
respondents are earning below 3 lakh.
Inference
Majority of the respondents are earning 8 lakh and above.
5. From how long you have been Volkswagen customer
Frequency Percent Valid Percent
Cumulative
Percent
Valid From 6 month 20 20.0 20.0 20.0
From 1 year 40 40.0 40.0 60.0
From 2 years 28 28.0 28.0 88.0
More than 2 years 12 12.0 12.0 100.0
Total 100 100.0 100.0
Analysis
The above table shows that 40% of the respondents are customers from 1 year, 28% of the
respondents are customers from 2 years, 20% of the respondents are customers from 6 months
and 12% the respondents are customers from more than 2 years.
Inference
From the above analysis we can interpret that majority of the respondents are customers from
1 year.
6. Which model of Volkswagen car do you own
Frequency Percent Valid Percent
Cumulative
Percent
Valid Volkswagen Polo 40 40.0 40.0 40.0
Volkswagen Jetta 30 30.0 30.0 70.0
Volkswagen Vento 8 8.0 8.0 78.0
Volkswagen Betel 3 3.0 3.0 81.0
Cross Polo 5 5.0 5.0 86.0
Polo GT 14 14.0 14.0 100.0
Total 100 100.0 100.0
Analysis
The above table shows that 40% of the respondents own Volkswagen Polo, 30% of the
respondents own Volkswagen Jetta, 14% of the respondents own Polo GT, 8% of the
respondents own Volkswagen Vento, 5% of the respondents own Cross Polo and 3% of the
respondents own Volkswagen Betel.
Inference
From the above analysis it is clear that Volkswagen Polo, Jetta and Polo GT users are more
than to Vento and Betel.
7. How do you come to know about Volkswagen
Frequency Percent Valid Percent
Cumulative
Percent
Valid Friends 48 48.0 48.0 48.0
Relatives 20 20.0 20.0 68.0
TV Advertisement 10 10.0 10.0 78.0
Magazine 22 22.0 22.0 100.0
Total 100 100.0 100.0
Analysis
From the above table we can see that 48% of the respondents come to know about Volkswagen
by Friends, 22% of the respondent come to know by Magazine, 20% of the respondent come
to know by Relatives and 10% of the respondent come to know by TV Advertisement
Inference
From the above analysis it is clear that most of the respondent come to know about Volkswagen
by friends and relatives. So company should concentrate more towards its promotional
activities
8. From whom did you buy the Volkswagen car
Frequency Percent Valid Percent
Cumulative
Percent
Valid Volkswagen show room 100 100.0 100.0 100.0
Analysis
From the above table it is clear that 100% of the respondents purchased the car from the
Volkswagen showroom only
Inference
From the above analysis it is clear that the entire respondent bought the vehicle from authorised
dealers
9. Are you aware of the safety features provided by Volkswagen
Frequency Percent Valid Percent
Cumulative
Percent
Valid Yes 100 100.0 100.0 100.0
Analysis
From the above table it shows 100% of the respondents know about the safety features provided
by Volkswagen
Inference
Above analysis states that all the respondent have knowledge about the safety features provided
by the company
10. How do you come to know about safety features
Frequency Percent Valid Percent
Cumulative
Percent
Valid Company employee 50 50.0 50.0 50.0
Word of mouth 16 16.0 16.0 66.0
Advertisement 20 20.0 20.0 86.0
Magazine 14 14.0 14.0 100.0
Total 100 100.0 100.0
Analysis
The above table states that 50% of the respondents come to know about safety features from
the company employee, 20% of the respondent come to know through Advertisement, 16% of
the respondent know through Word of mouth and 14% of the respondent k now through
Magazine
Inference
Above analysis states that company employee are concentrating in creating awareness in the
minds of customers
11. What kind of offers you get from the ELITE motor while purchasing Volkswagen car
Frequency Percent Valid Percent
Cumulative
Percent
Valid Cash discount 20 20.0 20.0 20.0
Accessories 16 16.0 16.0 36.0
Extended service warranty 14 14.0 14.0 50.0
Insurance 50 50.0 50.0 100.0
Total 100 100.0 100.0
Analysis
The above table shows that 50% of the respondents get the insurance while purchasing, 20%
of the respondent get the cash discount, 16% of the respondent get the accessories and 14% of
the respondent get the extended service warranty
Inference
From the above analysis v can state that company is not only selling the vehicle but also
insuring it.
12. Which mode of payment did you used to purchase Volkswagen car
Frequency Percent Valid Percent
Cumulative
Percent
Valid Self-finance 30 30.0 30.0 30.0
Bank lone 70 70.0 70.0 100.0
Total 100 100.0 100.0
Analysis
From the above table we can state that 70% of the respondent uses the bank loan for the
payment for purchasing and 30% of the respondent uses the self-finance for the mode of
payment for purchase
Inference
From the above analysis we can state that the majority of the people are using the bank for the
purpose of finance
13. Which factor made you to buy Volkswagen car
Frequency Percent Valid Percent
Cumulative
Percent
Valid Price 10 10.0 10.0 10.0
Mileage 16 16.0 16.0 26.0
Brand 60 60.0 60.0 86.0
Design 14 14.0 14.0 100.0
Total 100 100.0 100.0
Analysis
The above table shows that 60% of the respondents are brand conscious, 16% of the
respondents are mileage conscious, 14% of the respondents are concentrated on design and
10% of the respondents are price conscious.
Inference
Most of all the respondents are concentrated towards brand, it has good brand image in the
society
14. What is your satisfaction level with the service provided by ELITE motor
Volkswagen Bengaluru
Frequency Percent Valid Percent
Cumulative
Percent
Valid Dissatisfied 10 10.0 10.0 10.0
Neither / Nor 20 20.0 20.0 30.0
Satisfied 60 60.0 60.0 90.0
Highly satisfied 10 10.0 10.0 100.0
Total 100 100.0 100.0
Analysis
60% of the respondents are satisfied by the service provided by elite motors, 20% of the
respondents are neither dissatisfied nor satisfied, 10% of the respondents are highly satisfied
and 10% of the respondents are dissatisfied
Inference
Majority of the respondents are satisfied but still there are dissatisfied customer so they need
to overcome that challenge
15. What is your view towards Volkswagen price
Frequency Percent Valid Percent
Cumulative
Percent
Valid Low price 6 6.0 6.0 6.0
Affordable price 34 34.0 34.0 40.0
High price 46 46.0 46.0 86.0
Very high price 14 14.0 14.0 100.0
Total 100 100.0 100.0
Analysis
From the above table 46% of the respondent says Volkswagen is high price product, 34% of
the respondent says affordable price, 14% of the respondent says high price and 6% of the
respondent says low price product
Inference
Frome the above analysis majority of the respondent says Volkswagen is high price product
16. What is your opinion towards CRM maintained by ELITE motor Volkswagen
Bengaluru
Frequency Percent Valid Percent
Cumulative
Percent
Valid Dissatisfied 8 8.0 8.0 8.0
Neither / Nor 20 20.0 20.0 28.0
Satisfied 60 60.0 60.0 88.0
Highly satisfied 12 12.0 12.0 100.0
Total 100 100.0 100.0
Analysis
60% of the respondent says they are satisfied by the CRM maintained by the elite motors, 20%
of the respondents neither satisfied nor dissatisfied, 12% of the respondents are highly satisfied
and 8% of the respondents are dissatisfied
Inference
From the above analysis it is clear that most of the respondents are satisfied but still few
dissatisfied customers are there so they need to identify them and fulfil their needs
17. What is your opinion towards delivery of car after service from ELITE motor
Volkswagen Bengaluru
Frequency Percent Valid Percent
Cumulative
Percent
Valid Late 32 32.0 32.0 32.0
Reasonable 48 48.0 48.0 80.0
On time 20 20.0 20.0 100.0
Total 100 100.0 100.0
Analysis
From the above table it is clear that 48% of the respondent says they will get the vehicle after
service in reasonable time, 32% of the respondents say its quiet late and 20% of the respondents
say it is on time.
Inference
From the above analysis it is clear that most customers are getting the vehicle on time and
reasonable time after sales service, but still few customers are telling its late so the company
should try to avoid that.
18. Do you think product of Volkswagen is fulfilling your need
Frequency Percent Valid Percent
Cumulative
Percent
Valid Yes 80 80.0 80.0 80.0
No 20 20.0 20.0 100.0
Total 100 100.0 100.0
Analysis
The above table shows that 80% of the respondents are happy with the Volkswagen products
and 20% of the respondents say it is not fulfilling their needs.
Inference
From the above analysis it is clear that majority of the respondents are happy with the products
and few are not happy, company should identify their problem and try to give what customer
wants
19. How quick company is able to respond to your need
Frequency Percent Valid Percent
Cumulative
Percent
Valid Late 6 6.0 6.0 6.0
Neutral 14 14.0 14.0 20.0
Quick 60 60.0 60.0 80.0
Very quick 20 20.0 20.0 100.0
Total 100 100.0 100.0
Analysis
From the above table we can state that 60% of the respondent says company reacts quickly to
their problem, 20% respondent says the response is very quick, 14% respondents says its
neutral and 6% of the respondent says its late.
Inference
The above analysis says that the response from the company side is quick when the customers
have problem.
20. Being a potential customer how is your relation with the company
Frequency Percent Valid Percent
Cumulative
Percent
Valid Cooperative 40 40.0 40.0 40.0
Non cooperative 20 20.0 20.0 60.0
Interactive 32 32.0 32.0 92.0
Friendly 8 8.0 8.0 100.0
Total 100 100.0 100.0
Analysis
Above table shows that 40% of the respondents are cooperative with the company, 32% of the
respondent says they are interactive, 20% of the respondents are non-cooperative and 8% of
the respondents are friendly
Inference
From the above analysis it can be interpreted that that ELITE motors Volkswagen is weary
cooperative with the customers
21. Do you trust the brand image of the Volkswagen
Frequency Percent Valid Percent
Cumulative
Percent
Valid Yes 94 94.0 94.0 94.0
No 6 6.0 6.0 100.0
Total 100 100.0 100.0
Analysis
From the above table it is clear that 94% of the respondent trust the brand image and 6% of the
respondents says they don’t trust brand of Volkswagen
Inference
It can be interpreted that most of the respondents have the complete trust with the brand image
of the Volkswagen.
Analysis
As per the above table 100% of the respondents says company will inform them oin service
pending
22. Will company inform you on service pending
Frequency Percent Valid Percent
Cumulative
Percent
Valid Yes 100 100.0 100.0 100.0
Inference
From the above analysis it can be interpreted that company will inform all the customers
regarding service pending.
23. Will you suggest others to buy Volkswagen car
Frequency Percent Valid Percent
Cumulative
Percent
Valid Yes 88 88.0 88.0 88.0
No 12 12.0 12.0 100.0
Total 100 100.0 100.0
Analysis
As per the above table 88% of the respondent says they will suggest others to buy, 12% of the
respondent says they will not suggest others to buy Volkswagen.
Inference
From the above analysis majority of the people suggest others to purchase Volkswagen
24. What is your view towards Volkswagen car compare to other company cars
Frequency Percent Valid Percent
Cumulative
Percent
Valid Very poor 2 2.0 2.0 2.0
Poor 8 8.0 8.0 10.0
Average 10 10.0 10.0 20.0
Good 58 58.0 58.0 78.0
Excellent 22 22.0 22.0 100.0
Total 100 100.0 100.0
Analysis
As per the above table 58% of the respondent says Volkswagen is good compare to other
company, 22% of the respondent says it is excellent, 10% of the respondent says it is average,
8% of the respondent says it is poor and 2% of the respondent says it’s very poor
Inference
As per above interpretation it is clear that customer trust the Volkswagen
25. Do company employee show concern when you have problem
Frequency Percent Valid Percent
Cumulative
Percent
Valid Yes 92 92.0 92.0 92.0
No 8 8.0 8.0 100.0
Total 100 100.0 100.0
Analysis
As per the above table it 92% of the respondent says company employee show concern when
they have problem and 8% of the respondent says the company will not respond properly
Inference
As per the above analysis we can interpret that company employee show concern most of the
time when the customers have problem
CHAPTER 5
SUGGESTIONAND FINDINGS
Findings
➢ 46% of the respondent are earning more than 8 lakh
➢ 40% of the respondent are customers of Volkswagen from 1 year
➢ 40% of the respondent are the owners of Volkswagen polo
➢ 48% of the respondent come to know about Volkswagen from their friends
➢ 100% of the respondents have bought the vehicle from the Volkswagen showroom
➢ 100% of the respondent know about the safety features provided by the Volkswagen
➢ 50% of the respondent come to know about the safety features from the company employee
➢ 50% of the respondent have got the insurance from the ELITE motors while purchasing
➢ 70% of the respondent have purchased the vehicle using banking lone
➢ 60% of the respondent of Volkswagen look the brand while purchasing
➢ 60% of the respondents of ELITE motors are satisfied with the service provided by them
➢ 46% of the respondents says the products of Volkswagen is of high price product
➢ 60% of the respondent are satisfied with the CRM maintained by the ELITE motor
Volkswagen
➢ 48% of the respondent says delivery of the car after service is in reasonable time
➢ 60% of the respondent says company will respond to their need quickly
➢ 40% of the respondent are cooperative with the company
➢ 100% of the respondent says company will inform them on the service pending
➢ 88% of the respondent says they will suggest others to buy the Volkswagen products
➢ 58% of the respondent says Volkswagen is good compared to other company
➢ 92% of the respondent says company employee show concern when they have problem
➢ It is also identified that the company uses the techniques like effective after sales services,
they inform the customers about the next services in advance, also the company inform
their respondents about the issues related to the insurance to maintain the good relationship
with the customers.
Conclusion
The study is conducted to know how CRM is adopted and maintained with the customers by
the ELITE motor PVT LTD, Volkswagen Bengaluru authorised dealers of Volkswagen. The
Volkswagen stands in the 2nd place in the world, by that we can judge how the company is
doing, it is one of the leading and popular company in the world, they meet all the standards of
the society
Indian market is opened up globally after liberalisation. All the players from globe started
entering India, from so on India has become a country with different standard, so automobile
company started investing in India by thinking that they have a great opportunity with changing
needs of customers
Today the customers are king of the market the company should identify the needs of the
customer and fulfil them, if they satisfy the customer then only they can maintain the good
relationship with the customers for longer time, by that the company can attract the new
customer to the company
ELITE motors are maintaining good relationship with the customers, they are providing the
vehicle for the loan thus their sales has been increased and in Bengaluru the Volkswagen
vehicle are doing good by that we can say Volkswagen is a luxuries dependent and branded
product.
SUGGESTION
The dealers can improve their service quality which they have provided for ex. On time
delivery, avoid service break down
If they decrease the rate of interest they can attract the middleclass people to purchase the
vehicle
The company should spend amount equally for advertisement of all the segment of the vehicle
so the sales of luxury and sedan cars also increase as they are not doing good in the market
They should use the celebrity and sports people as the brand ambassador for their products
They can start giving the service to customer’s door
The company should concentrate towards open more outlets in Bengaluru
Bibliography
Books; Philip Kotler: Principles of Marketing
The Deadly Marketing Sins
Balachandran S: Customer Driven Services
Articles
1. According to Dr Hisham Sayad Soliman in June 2011
Vol 2 no 10 international journal of business and social servicers
2. According to Alok Mishra, Deepti Mishra in 2009
Vol 6, no 4 Acta polytechnic Hungarica
Webliography
1. www.wikipedia.com
2. www.volkswagen.com
Annexure
Questionnaire
Dear Respondents,
I am Keerthi Sagar G, student of final year MBA,New Horizon College Of
Engineering . As a part of my study, I have undertaken the project work in the field of
Marketing Management and the topic is “A study on Customer Relationship Management
with special reference to ELITE motors Volkswagen, Bengaluru”. I shall be grateful to you,
if you could spare couple of minutes to fill the following questions.
Your opinion & suggestion will only use for the research and it will be kept secret.
Name : ............................................ Address: ................................................................................................................................ ................................................................................................................................... 1. Please select your gender a) Male [ ] b) Female [ ] 2. To which age group you belong
a) 18 – 25 year [ ] b) 25 – 35 year [ ] c) 35 – 45 year [ ] d) 45 & above [ ] 3. Please state your occupation a) Student [ ] b) Self Employed [ ] c) Employee [ ] d) Others [ ] 4. What is your income annually? a) Below 3lakk [ ] b) 3 – 6lakh [ ] c) 6 – 8lakh [ ] d) 8lakh & above [ ] 5. From how long you have been Volkswagen customer? a) From 6 month [ ] b) From 1 year [ ] c) From 2 year [ ] d) More than 2 years [ ] 6. Which model of Volkswagen car do you own? a) Volkswagen Polo [ ] b) Volkswagen Jetta [ ] c) Volkswagen Vento [ ] d) Volkswagen Betel [ ] e) Cross polo [ ] f) Polo GT [ ] 7. How do you come to know about Volkswagen? a) Friends [ ] b) Relatives [ ] c) TV advertisement [ ] d) Magazine [ ] 8. From whom did you buy the Volkswagen car? a) Volkswagen show room [ ] b) Used car dealers [ ] c) Purchased from previous users [ ] d) Online [ ] 9. Are you aware of safety features’ provided by Volkswagen? a) Yes [ ] b) No [ ] 10. How did u come to know about safety features? a) Company employee [ ] b) Word of mouth [ ] c) Advertisement [ ] d) Magazine [ ] 11. What kind of offers you get from the ELITE motor while purchasing Volkswagen car a) Cash discount [ ] b) Accessories [ ] c) Extended service warranty [ ] d) Insurance [ ] 12. Which mode of payment did u used to purchase Volkswagen car a) Self finance [ ] b) Bank loan [ ] 13. Which factor made you to buy Volkswagen car a) Price [ ] b) Mileage [ ] c) Brand [ ] d) Design [ ] 14. What is your satisfaction level with the service provided by ELITE motors Volkswagen Bengaluru a) Highly satisfied [ ] b) Satisfied [ ] c) Neither/ Nor [ ] d) dissatisfied [ ] e)Highly Dissatisfied [ ] 15. What is your view towards Volkswagen Price? a) Very high price [ ] b) High price [ ] c) Affordable price [ ] d) Low price [ ] d) very low price [ ] 16. What is your opinion towards CRM maintained by ELITE motor Volkswagen Bengaluru? a) Highly Satisfied [ ] b) Satisfied [ ]
c) Neither/ Nor [ ] d) Dissatisfied [ ] e) Highly dissatisfied [ ] 17. What is your opinion towards delivery of car after service from ELITE motor Volkswagen Bengaluru? a) On time [ ] b) Reasonable [ ] b)Late [ ] c)Too Late [ ] 18. Do you think product of Volkswagen is fulfilling your needs? a) Yes [ ] b) No [ ] 19. How quick company is able to respond to your need a) Very quick [ ] b) Quick [ ] c) Late [ ] d) Very late [ ] e) Neutral [ ] 20. Being a potential customer how is your relation with the company a) Cooperative [ ] b) Non cooperative [ ] c) Interactive [ ] d) Friendly [ ] e) Neutral [ ] 21. Do you trust the brand image of the Volkswagen? a) Yes [ ] b) No [ ] 22. Will company inform you on service pending? a) Yes [ ] b) No [ ] 23. Will you suggest others to buy Volkswagen car a) Yes [ ] b) No [ ] 24. What is your view towards Volkswagen cars compare to other company cars? a) Excellent [ ] b) Good [ ] c) Average [ ] d) Poor [ ] e) Very poor [ ] 25. Do company employee show concern when you have problem a) Yes [ ] b) No [ ] If yes how? ...................................................................... 26. Any suggestion you cote to improve CRM in ELITE motor Volkswagen Bengaluru ............................................................................................................................ ....................................................................................................................... Thanking you Date; Signature Place;