bajaj anika final
TRANSCRIPT
CHAPTER – I
INTRODUCTION
“The process of planning and executing the conception, pricing, promotion and
distribution of ideas, goods and services to create exchanges that satisfy
individual and organizational objectives”.
Therefore a marketing manager or who is in the field of marketing they should
have to focus on the Marketing Mix we have 4P’s they are as follows:-
Product
Price
Place and
Promotion
All these factors are most important tools and techniques in the marketing
management but if we consider the wide area which makes profit and achieve
organizational objectives and goals by making sales i.e., promotion of the
product or service.
Effectiveness of Promotion Mix:-
The promotion mix is the utmost important factor for the marketing challenges.
The main promotional mix and its importance and need can be derived in the
following ways they are as follows:-
Advertising
Sales promotion
Personal selling and salesmanship
Publicity
And other promotional activities
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Marketing communications or promotion helps marketers communicate
information to potential customers about the product’s existence, value and the
benefits that can be accrued from it. It comprises one of the four elements of the
marketing mix. Designing an effective marketing communication mix helps
marketers to attract, persuade, urge and remind customers of the company’s
brands.
Compared with the communication options available to marketers in the
past, there are now a larger number and greater diversity of communication
options available. Thus, the design, implementation and evaluation of
communication programs in the current business scenario pose a significant
challenge to marketers.
The marketer has to integrate these various communication options to
derive the maximum benefit for the company. Designing and integration of these
communication options can be compared to how a composer combines various
musical instruments in an orchestra. Even though the use of a single instrument
may suffice, the use of a combination of instruments improves the quality of the
rendition. Thus, by integrating the various communication options, a marketer
develops an integrated marketing communication program.
COMMUNICATION AND PROMOTION PROCESS
In the marketing communication process, a sender sends the encoded message
through a medium for a receiver to receive and decode. Normally, the marketing
communication process has some form of feedback. We all know that advertising
is a form of marketing communication. In advertising, the source of the
communication process is the company or its representative, which is an
advertising agency. The medium through which this message is communicated
can be a newspaper or the television and so on. The receiver is the reader of that
newspaper or the person watching the television. Feedback from these receivers
will be in the form of their response to the products.
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Coming to the marketing communication process, the words promotion and
advertising, both of which are extensively used in the marketing communication
mix, have originated from Latin. In Latin 'pro' means forward and 'movere' means
to push. Thus, promotion means to push forward. Similarly, advertising means 'to
turn towards.' So, these two terms stand for pushing forward the product and
turning towards the customers. But it is important to note that the marketing
communication mix has evolved over the years. It encompasses various other
elements besides advertising and promotion, like public relations, personal
selling, direct marketing, etc.
Objectives of the study:
The main objectives of this study are as follows:-
To examine the traditional and modern promotional activities and its
effectiveness.
To study the availability resources to adopt promotional strategies.
To offer suggestions which are helpful to face the challenges and to make
effectiveness of promotional mix to the organization.
To get some practical knowledge in depth where theories and definitions
reading books are not enough to predict the market.
To find out whether respondent of its services.
To get the knowledge about the market environment.
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Research methodology
This survey is conducted to study and test promotional mix by which effective
tool makes a sale. For this purpose we have selected 50 respondents from
Warangal district. To collect primary data from respondents we designed a
schedule. The schedule contains questions which are as follows:
a) Personal identification
b) Social background.
c) About the study.
The collected information is edited, classified tabulated the data is analyzed &
interpreted. Finally conclusions are drawn and suggestions are being offered.
Sample of the study: - Fifty respondents selected who are existing customers
of ANIKA BAJAJ show room to measure the effectiveness of promotion mix.
Sources of data
The following are the main sources of data collection.
Primary data
It is collected through – Personal discussions – schedules served –with the
experts.
Secondary data
The data is collected through literature published in various articles relating to
Effectiveness of promotional mix by Bajaj motors. The information also
gathered from various media – print and electronic, news papers, magazines,
Pamphlets & Catalogues Television channels and Internet.
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Limitations of the study
The following are the limitations of the study
As the sample is only fifty, the study and findings cannot be considered as
exhaustive.
The sample is insignificant to total population and thus the findings cannot
be generalized.
In certain cases the data is collected through observation. Such data may
not be accurate and therefore the findings of the study can be called as
near to accuracy only.
This study is biased upon only existing customers because we cannot
take others who don’t know about the company and product concept to
say about his satisfaction and by which promotional tool did they inspired
to buy the product.
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Chapterisation of the Study
The report of the study consists of these chapters. They are as follows:
1. About the study: It deals with the following
a) Introduction
b) Objectives of the study
c) Research methodology
d) Sources of data
e) Limitations of the study
2. Company Profile: It deals with the following
a) About the company & Management profile.
b) Board of Directors.
c) Key Policies.
d) Milestones & Presence.
3. Theoretical Aspects: Effectiveness of Promotional Mix by Anika Bajaj.
a) Advertising.
b) Sales Promotion.
c) Personal selling.
d) Publicity.
e) Direct Marketing.
4. Analysis of Effectiveness of Promotional Mix: This chapter deals with
the data collection, analysis and interpretations of sample respondents
selected from different areas of Warangal District.
5. Conclusions and Suggestions
6. Bibliography
7. Appendix
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CHAPTER – II
COMPANY PROFILE
About Bajaj:- The Bajaj Group is amongst the top 10 business houses in
India. Its footprint stretches over a wide range of industries, spanning
automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron
and steel, insurance, travel and finance.
The group’s flagship company, Bajaj Auto, is ranked as the world’s fourth
largest two- and three- wheeler manufacturer and the Bajaj brand is well-known
in over a dozen countries in Europe, Latin America, the US and Asia.
Founded in 1926, at the height of India's movement for independence
from the British, the group has an illustrious history. The integrity, dedication,
resourcefulness and determination to succeed which are characteristic of the
group today, are often traced back to its birth during those days of relentless
devotion to a common cause. Jamnalal Bajaj, founder of the group, was a close
confidant and disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as
his son. This close relationship and his deep involvement in the independence
movement did not leave Jamnalal Bajaj with much time to spend on his newly
launched business venture. His son, Kamalnayan Bajaj, then 27, took over the
reins of business in 1942. He too was close to Gandhiji and it was only after
Independence in 1947, that he was able to give his full attention to the business.
Kamalnayan Bajaj not only consolidated the group, but also diversified into
various manufacturing activities.
The present Chairman of the group, Rahul Bajaj, took charge of the
business in 1965. Under his leadership, the turnover of the Bajaj Auto the
flagship company has gone up from Rs.72 million to Rs.100.76 billion (USD 2.3
billion), its product portfolio has expanded from one to and the brand has found
a global market. He is one of India’s most distinguished business leaders and
internationally respected for his business acumen and entrepreneurial spirit.
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Bajaj Auto limited is one of the largest two wheeler manufacturing company in
India apart from producing two wheelers they also manufacture three wheelers.
The company had started way back in 1945. Initially it used to import the two
wheelers from outside, but from 1959 it started manufacturing of two wheelers in
the country. By the year 1970 Bajaj Auto had rolled out their 100,000th vehicle.
Bajaj vehicles have become an integral part of the Indian milieu and over the
years have come to represent the aspirations of modern India.
Bajaj Auto tie up with Kawasaki
Bajaj Auto also has a technical tie up with Kawasaki heavy industries of Japan to
produce the latest motorcycles in India which are of world class quality.
The Bajaj Kawasaki eliminator has emerged straight out of the drawing board of
Kawasaki heavy industries. The core brand values of Bajaj Auto limited includes
Learning, Innovation, Perfection, Speed and Transparency.
Bajaj Chetak in 1980’s. This was around the time when the waiting list of Bajaj
had slowly evaporated and Indian consumers could buy the scooters ex-
showroom. It was with great pride did I buy a Bajaj scooter and was thrilled that it
was available off-the-shelf.
Bajaj Auto manufacturing units (1990’s) Bajaj Auto has three manufacturing
units in the country at Akurdi, Waluj and Chakan in Maharashtra, western India,
which produced 1,814,799 vehicles in 1990’s. The sales are backed by a network
of after sales service and maintenance work shops all over the country.
Bajaj Auto (2000’s) it has launch products which cater to every segment of the
Indian two wheeler market Bajaj CT 100 Dlx offers a great value for money at the
entry level. Similarly Bajaj Discover 125 offers the consumer a great performance
without making a big hole in the pocket.
Bajaj Auto also has a marked presence in the premium segment with
models like the Bajaj Pulsar creating a ripple on the Indian roads. The general
trend of the two wheeler industry has not left Bajaj Auto unscathed. Scooters
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which were once the main source of revenue for the company have given way to
motorcycles.
Bajaj Auto: In collaboration with Kawasaki Heavy Industries of Japan, this
company is the largest exporter of two and three wheelers in India. It was
established in the year 1926 by Jamnalal Bajaj. The popular brands of this
company are Pulsar and Discover DTSi. In 2005 the Discover DTS-i was chosen
as Bike of the Year for its superb design by Overdrive Awards. In the same year
Bajaj Avenger and Bajaj Wave launched. And XCD new version also segment in
moped blade in 2008 – 2009
After I stopped riding scooters over the last ten years, my interest in two-
wheelers came down and I lost touch with the two-wheeler market. I did notice
the shift from scooters to motorcycles and the gradual overtake of Bajaj by Hero
Honda. But, I thought that it was a close fight between Hero Honda and Bajaj,
with Hero Honda being the leader and Bajaj being the challenger.
Company flash back
'Inspiring Confidence,' the tagline, has build up confidence, through excitement
engineering, not only to domestic consumers but also internationally. Established
just eight decades back in 1926 by Jamnalal Bajaj, the company has been
vested with India's largest exporter of two and three wheelers, 196,710 units in
2005-06, a great 26 per cent jump over the previous year.
Bajaj Auto Ltd. sales have increased by approximately 21 per cent in the year
2007-08, which exceeds Rs 65.4 billion, a record in the history of the company.
The gross operating profit stands at Rs. 9.3 billion, again a record. The profits
after tax of the BAL are close to Rs. 7.7 billion, and the pre-tax return on
operating capital is at an impressive 80 per cent.
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Management Profile:-
Board of Directors
Rahul Bajaj Chairman
Madhur Bajaj Vice Chairman
Rajiv Bajaj Managing Director
Sanjiv Bajaj Executive Director
D.S. Mehta Director
Kantikumar R. Podar Director
Shekhar Bajaj Director
D.J. Balaji Rao Director
J.N. Godrej Director
S.H. Khan Director
Mrs. Suman Kirloskar Director
Naresh Chandra Director
Nanoo Pamnani Director
Manish Kejriwal Director
P Murari Director
Niraj Bajaj Director
Committees of the Board
Audit Committee
S.H. Khan Chairman
D.J. Balaji Rao
J.N. Godrej
Naresh Chandra
Nanoo Pamnani
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Shareholders’ & Investors’ Grievance committee
D.J. Balaji Rao Chairman
J.N. Godrej
Naresh Chandra
S. H. Khan
Remuneration committee
D.J. Balaji Rao Chairman
S.H. Khan
Naresh Chandra
Registered under the Companies Act, 1956
REGISTERED OFFICE Akurdi, Pune 411 035
WORKS Akurdi, Pune 411 035
Bajaj Nagar, Waluj Aurangabad 431
136.
Chakan Industrial Area, Chakan,
Pune 411 501
Plot No. 2, Sectoe 10, Pant Nagar,
Rudrapur
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Key Policies:-
Environmental Policy:- Towards creating and preserving a cleaner
environment Bajaj Auto Ltd., manufacturer of two and three wheeler vehicles is
committed to prevention of pollution, continual improvement of our
environmental performance and compliance with all applicable environmental
legislation and regulations. Towards this, we shall strive to:
create a proactive environment management system that addresses all
environmentally significant aspects related to our products and
processes,
Minimize the generation of waste and conserve resources through better
technology and practices, and promote environmental awareness
amongst our employees and motivate them to fulfill our commitments.
We, at Bajaj Auto, pledge ourselves towards creating and preserving a
cleaner environment.
Quality Policy: - We at Bajaj Auto continue to firmly believe in providing the
customer value for money, for years, through our products and services. This we
shall maintain and improve,
In our decision making, quality, safety and service will be given as much
consideration as productivity, cost and delivery.
Quality shall be built into every aspect of our work life and business
operations. Quality improvements and customer satisfaction shall be the
responsible of every employee.
TPM Policy: - We at Bajaj Auto Total Productivity Maintenance as a means of
creating a safe and participative work environment in which all employees target
the elimination of losses in order to continuously enhance the capacity, flexibility,
reliability and capability of its processes, leading to higher employee morale and
greater organizational profitability.
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Milestones:-
2007
September Launch of XCD DTS-Si
June National Launch of 220 cc Pulsar DTS-Fi.
April Bajaj Auto Commissions New Plant at Pantnagar, Uttarakhand
February 200 cc Pulsar DTS-i launched
January Bajaj Kristal DTS-i launched
2006
April Bajaj Platina launched
2005
December Bajaj Discover launched
June Bajaj Avenger DTS-i launched
February Bajaj Wave DTS-i launched
2004
October Bajaj Discover DTS-i launched
August New Bajaj Chetak 4 stroke with Wonder Gear launched
May Bajaj CT100 Launched
January Bajaj unveils new brand identity, dons new symbol, logo and brandline
2003
October Pulsar DTS-i is launched.
October 107,115 Motorcycles sold in a month.
July Bajaj Wind 125,The World Bike, is launched in India.
February Bajaj Auto launched its Caliber115 "Hoodibabaa!" in the executive motorcycle segment.
2001
November Bajaj Auto launches its latest offering in the premium bike segment ‘Pulsar’.
January The Eliminator is launched.
2000
The Bajaj Saffire is introduced.
1999
Caliber motorcycle notches up 100,000 sales in record time of 12 months.
Production commences at Chakan plant.
1998
June 7th Kawasaki Bajaj Caliber rolls out of Waluj.
July 25th Legend, India’s first four-stroke scooter rolls out of Akurdi.
October Spirit launched.
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1997
The Kawasaki Bajaj Boxer and the RE diesel Autorickshaw are introduced.
1995
November 29
Bajaj Auto is 50.
Agreements signed with Kubota of Japan for the development of diesel engines for three-wheelers and with Tokyo R&D for ungeared Scooter and moped development.
The Bajaj Super Excel is introduced while Bajaj celebrates its ten millionth vehicle.
One million vehicles were produced and sold in this financial year.
1994
The Bajaj Classic is introduced.
1991
The Kawasaki Bajaj 4S Champion is introduced.
1990
The Bajaj Sunny is introduced.
1986
The Bajaj M-80 and the Kawasaki Bajaj KB100 motorcycles are introduced.
500,000 vehicles produced and sold in a single financial year.
1985
November 5The Waluj plant inaugurated by the erstwhile President of India, Shri Giani Zail Singh.
Production commences at Waluj, Aurangabad in a record time of 16 months.
1984
January 19 Foundation stone laid for the new Plant at Waluj, Aurangabad.
1981
The Bajaj M-50 is introduced.
1977
The Rear Engine Autorickshaw is introduced.
Bajaj Auto achieves production and sales of 100,000 vehicles in a single financial year.
1976
The Bajaj Super is introduced.
1975
BAL & Maharashtra Scooters Ltd. joint venture.
1972
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The Bajaj Chetak is introduced.
1971
The three-wheeler goods carrier is introduced.
1970
Bajaj Auto rolls out its 100,000th vehicle.
1960
Bajaj Auto becomes a public limited company. Bhoomi Poojan of Akurdi Plant.
1959
Bajaj Auto obtains licence from the Government of India to manufacture two- and three-wheelers.
1948
Sales in India commence by importing two- and three-wheelers.
1945
November 29
Bajaj Auto comes into existence as M/s Bachraj Trading Corporation Private Limited.
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Networks:-
Distribution network covers 50 countries
250,204 units exported in 2005-06
Dominant presence in Sri Lanka, Colombia, Bangladesh, Mexico, Central
America, Peru and Egypt
Largest exporter of three-wheelers; over 75,297 units exported in 2005-06
All products customized as per market needs
27 per cent growth in total exports over 2004-05
In countries where we perceive a good market potential, we seek a tie up with
one of the major industrial establishments, which would be in a position to invest
in the project and which would also entail manufacturing activities apart from
marketing, distribution and after sales services through a well-established nation-
wide network.
We offer a full range of services to such business partners:
• Training in sales, service and spare parts management based on the Bajaj
distribution system.
• Active support for setting up manufacturing facilities overseas including
transfer of technical know how.
• Assistance in setting up an assembly plant for assembly of vehicles from
complete knocked down (CKD) kits.
• Select machinery and equipment, training of technical personnel, all in a
phased manner as required
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For Overseas enquiries contact
For Africa
Mr. Sandeep Kumar Singh [email protected]
For North Africa & Middle East
Mr. Guruprasad R [email protected]
For Central & South America
Mr. Sameer Deshpande [email protected]
For All Other regions and balance International Marketing queries Mr. D.K.Banerjee [email protected]
Products of Bajaj Two – Wheelers:-
IMPORTANT PRODUCTS MANUFACTURED:-
The different products of BAJAJ – MOTOR can be given categories,
Models Stroke Displacement
Spirits 2 70CC
Wave- DTSi 4 100CC
CT-100 ORD 4 100CC
CT-100 DLX 4 100CC
Discover 112 4 100CC
Discover 125 DTSi – KS 4 112CC
Discover 125 DTSi – ES 4 125CC
Pulsar 150 DTS – KS 4 150CC
Pulsar 180 DTS – ES 4 180CC
Pulsar 220 DTS– ES 4 220CC
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Bajaj XCD – 125 4 125CC
Bajaj Kristal 4 125CC
Bajaj Blade 4 125CC
What is DTS-i ,DTS-Si and DTS-Fi
Conventional Engine-
A conventional 4 Stroke engine has a Single Spark Plug located at one end of
the combustion chamber and hence the combustion is inefficient leading to sub
optimal mileage and sub optimal performance.
DTS-i Engine
DIGITAL TWIN SPARK ignition engine has two Spark plugs located at
opposite ends of the combustion chamber and hence fast and efficient
combustion is obtained. The benefits of this efficient combustion process can be
felt in terms of better fuel efficiency and lower emissions.
DTS-i Engine can be further tuned to deliver exhilarating performance or
exceptional mileage
DTS-Si Engine -
Like DTS-i (which is the mother technology) the engine has 2 spark plugs, but,
instead of conventionally positioned straight ports, the offset positioning of the
ports generate high swirl and turbulence of the air fuel mixture in the combustion
chamber. This results in highly efficient combustion that further results in
exceptional mileage. Like the mother DTS-i technology, the DTS-Si technology
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is a patented technology developed by Bajaj Auto R&D.
We are launching our first bike with 125 cc DTS-Si engine and best in class
mileage of 109 kmpl in September 07. The mileage and performance of this bike
is sure to delight you.
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DTS-Fi-
DTS-Fi stands for "Digital Twin Spark Fuel Injection", a ‘Bajaj Patented
Technology’. In fuel injection the conventional carburettor has been replaced by
injector which injects fuel in to the engine in a spray form based on the
instructions of the Engine Control Unit (ECU) which is a part of the Engine
Management System EMS. The Electronic Control Unit (ECU) is microprocessor
based and is the brain of the fuel injection system. It processes information sent
by various sensors and instantly determines optimum fueling and spark timing
for various engine operating conditions. The ECU contains detailed information
of the engine's characteristics from which it picks the necessary data for
commanding both fueling & sparks timing.
The main advantages of Fuel Injection are:
a. increased power output for same cc.
b. better low end torque. c. Lower fuel delivery & optimization of spark timing.
d. Improved cold start, quick warm-up and excellent response to sudden
acceleration.
e. Lower emission levels.
f. Self detection and communication of fuel system malfunctioning if any.
Service
Congratulations on having acquired your new Bajaj vehicle. Now, let us help you
to look after it so that you continue to own it proudly for several years of faithful,
trouble-free performance. Browse this section for our simple maintenance tips
and recommended service schedules.
Create your own service chart; locate the Bajaj service station closest to you…
We will help you get the maximum value for your money through our
troubleshooting tips.
In the unlikely event of encountering an unusual problem, you can consult our
engineers by posting your queries through this section.
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Awards:-
Product Awards Year By
Bajaj Pulsar DTS-Fi - Bike of the Year 2008 CNBC-TV18 Autocar Auto Awards
Bajaj Platina 100cc - Bike of the Year 2007 NDTV Profit Bike India
Mr. Rajiv Bajaj - Man of the year 2006 2006 Autocar Professional
Mr. Rajiv Bajaj - Automotive Man of the year 2005
2005 Bike India & NDTV India
Bajaj CT 100 - Motorcycle Total Customer Satisfaction Study 2005
2005 TNS Automotive
Bajaj Discover DTS-i - Bike of the Year 2005
2005 OVERDRIVE Awards 2005
Bajaj Discover DTS-i - Indigenous Design of the Year 2005
2005 OVERDRIVE Awards 2005
BAJAJ AUTO - Bike Maker of the Year 2004
2004 ICICI Bank OVERDRIVE Awards 2004
DTS-i Technology - Auto Tech of the Year 2004
2004 ICICI Bank OVERDRIVE Awards 2004
Bajaj Pulsar DTS-i Bike of the Year 2004
2004 ICICI Bank OVERDRIVE Awards 2004
Wind 125 Two Wheeler of the Year 2004
2004 CNBC AUTOCAR Awards 2004
Wind 125 Bike of the Year 2004 2004 Business Standard Motoring
Bajaj Pulsar 180 DTS-i BBC World Wheels Viewers Choice Two Wheeler of Year 2003
2003 BBC World Wheels Award 2003
Bajaj Pulsar 180 DTS-i BBC World Wheels Award for Best Two Wheeler between Rs 55,000 to Rs 70,000
2003 BBC World Wheels Award 2003
Bajaj Pulsar 150 DTS-i BBC World Wheels Award for Best Two Wheeler between Rs 45,000 to Rs 55,000
2003 BBC World Wheels Award 2003
Bajaj Boxer AT KTEC BBC World Wheels Award for Best Two Wheeler under Rs 30,000
2003 BBC World Wheels Award 2003
Bajaj Pulsar - Motorcycle Total Customer Satisfaction Study
2003 NFO Automotive
Bajaj Pulsar - Bike of the year 2003 ICICI Bank OVERDRIVE Awards 2003
Bajaj Pulsar - Most exciting bike of the year
2002 OVERDRIVE Awards
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Bajaj Eliminator - Bike of the year 2002 OVERDRIVE Awards
Bajaj Eliminator - Most exciting bike of the year
2001 OVERDRIVE Awards
Awards Year By
Chakan Plant Super Platinum Award for Manufacturing Excellence
2006-07 Frost and Sullivan
Chakan & Waluj Plants Audit Passed for TPM Excellence Award
2006-07 TPM
Bikemaker of the Year 2006-07 Overdrive Awards
Bike Manufacturer of the Year 2007 2006-07 NDTV Profit Bike India
All India Trophy for Highest Exporter 1998-99 EEPC
Focus LAC Award for Outstanding Performance
1998-99 India Trade Promotion Organisation
Export Excellence 1998-99 EEPC
Certificate of Merit 1998-99 India Trade Promotion Organisation
Award for Export Excellence 1997-98 EEPC
Export Excellence 1997-98 MCCIIA
All India Trophy for Highest Exporter 1997-98 EEPC
Top Exporter Shield - Western Region 1996-97 EEPC
Export Excellence 1996-97 MCCIA
Regional Top Exporter - Large Scale Manufacturer
1995-96 EEPC
Highest Export Performance 1995-96 EEPC
Outstanding Export Performance 1995-96 Government of India, Ministry of Commerce
Export Excellence Award 1995-96 MCCIA
Top Exporter Shield - Western Region 1995-96 EEPC
Certificate of Merit 1995-96 Government of India, Ministry of Commerce
Award for Export Excellence 1994-95 EEPC
Regional Top Exporter - Large Scale Manufacturer
1994-95 EEPC
All India Special Shield - Consumer Durables Exporter
1994-95 EEPC
National Export award for Outstanding Performance
1994-95 Government of India, Ministry of Commerce
Western Region Top Export Award 1994-95 EEPC
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All India Special Shield - Consumer Durables
1994-95 EEPC
Regional Special Shield - Capital Goods Category
1993-94 EEPC
Award for Export Excellence 1993-94 EEPC
Capital Goods Export 1992-93 EEPC
Regional Special Shield - Capital Goods Category
1990-91 EEPC
Certificate of Export Excellence 1986-87 EEPC
Certificate of Export Recognition 1980-81 EEPC
Certificate of Export Recognition 1979-80 EEPC
Award for Export Excellence 1979-80 EEPC
Certificate of Merit 1978-79 Government of India, Ministry of Commerce
Certificate of Export Recognition 1978-79 EEPC
Award for Export Excellence 1977-78 EEPC
Certificate of Export Recognition 1977-78 EEPC
Export Promotion 1976 FICCI
Golden Jubilee Export Year Award 1976 FICCI
Export Excellence 1975-76 EEPC
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Other awards:-
Safety Award Year By
Meritorious Performance in Industrial Safety for three consecutive years
2001 National Safety Council
Certificate of Excellence 2001 National Safety Council
Achieving Lowest Average Frequency Rate
2001 National Safety Award
Achieving Lowest Average Frequency Rate
2000 National Safety Award
Meritorious Performance in Industrial Safety for three consecutive years
2000 National Safety Council
Achieving Longest Accident-free Period under Heavy Engineering Industries Group
1999 National Safety Council
Meritorious Performance in Industrial Safety for three consecutive years
1999 National Safety Council
Achieving Longest Accident-free Period under Heavy Engineering Industries Group
1998 Council of Industrial Safety
Achieving Lowest Average Frequency Rate
1998 National Safety Award
Meritorious Performance in Industrial Safety for three consecutive years
1998 National Safety Council
Achieving Lowest Frequency Rate under Heavy Engineering Industries Group
1997 Council of Industrial Safety
Achieving Longest Accident-free Period under Heavy Engineering Industries Group
1997 Council of Industrial Safety
Longest Accident-free Period 1992 Council of Industries, Mumbai
Best Safety Performance 1989 CII
Longest Accident-free Period 1987 National Safety Council
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Profile of the Organization:-
ORGANISATIONAL HISTORY:-
“ANIKA BAJAJAUTO AGENCY” has established on jan-05 of 2005. The
business of this firm is dealership type. This dealership is mainly for two-
wheelers of BAJAJ-MOTOR. In addition to this firm provides a sub-dealership to
different Mandals of Warangal district.
By nature it is a partnership firm consisting of three partners, whose names are:
1) V. Surendher
2) M. Praveen
Among this Mr.V.Surendher is the managing partner, who is actively
participating in the management of the firm and looking after day-to-day affairs
of the business.
Location:-
Name ANIKA BAJAJ
Address 15-1-388, MOLUGU ROAD , INDUSTRIAL EATATES, WARANGAL – 506002.
Phone Nos 2422299 , 2433399
E-Mail [email protected]
S.Giridhar who is a General Manager of Anika Auto Agency, Warangal is
not a manufacturing unit, it’s showroom for the different products of BAJAJ-
MOTOR. Hence it is desirable to choose a location for the sale of finished
products which is certainly located and accessible to the consumers.
The host organization is located at Nakkalagutta water tank,
Hanamkonda and Mulugu road – Warangal. Situating on the main route of
Warangal – Kazipet. This present location is highly beneficial to the host
organization for being accessible not only to the existing consumers but also to
potential consumers who will be attracted towards the organization when they
are passing on through that route.
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DUTIES AND RESPONSIBILITIES:-
Managing Partners:-
Managing partners who is elected by the member partner will be the chief
of the organization the other partner will be solely and jointly responsible for the
activities undertaken by one partner, the managing partner will take all policy
decisions as needed from time to time actively participating in the affairs and
management of the organization.
MANAGER:-
Manager is the Head of the administrative wing of the organization.
Obliging and implementing the instructions give by partners in general and
managing partner in particular by there facility the smooth functions of the day-
to-day administration are the main duties of the manager.
He will have to control all the different Department and its staff viz..,
Salesman, Accountant, Clerks, Cashier, Mechanics, Workers etc., Each such
staff member is accountable to the manager who in turn in accountable to the
managing partner or partners.
Objectives of the Organization:-
The organization is partnership firm in nature and selling BAJAJ –
MOTOR products through their showroom is the basic objective. Earning profits
is the objective based on a partnership deed executed between them, the
provisions of which are as follows:
That the business of the partnership shall be of purchase and sale of
BAJAJ – MOTOR vehicles, spare parts and accessories.
That all the partners shall be the whole time partners and each of them
shall be entitled to claim remuneration on equal proportions out of the
amount qualified for exemption under income tax act.
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That the capital of the firm is not fixed but shall contributed according to
their mutual convenience and respective capacities.
That the profit and losses of the firm shall be shred by the partners in
equal proportions.
That the durations of the partnership shall be “AT-WILL” any partner
desiring to leave the firm can do so by at least three months notice in
writing to the others partners of his intension to do so.
That on the death (or) desire of any partners the firm shall not stand
dissolved but shall be carried on by the remaining partners with legal
heirs.
That all the necessary and proper books of accounts shall be kept and
maintained by the main place at liberty to inspect them.
That all the books of accounts shall be closed once in every year i.e., 31 st
march and net profit / net losses as reflected by them shall be adjusted in
the personal accounts of the personal accounts of the parties this deed.
That the firms raise loans the markets or form any other sources, interest
and other charges there on shall be borne it.
AT LAST:-
Since the BAJAJ – MOTOR has three types of products
BAJAJ – MOTOR CYCLE.
BAJAJ – SCOOTERS.
BAJAJ – MOPEDS.
27
CHAPTER – III
THEORETICAL ASPECTS
Effectiveness of Promotional Mix:-
Among the 4P’s of Marketing Mix product, price, place and promotion in that
promotion is a wide area the very fact that promotion was for quite a long time
considered to be synonymous with marketing communications is a pointer to its
pre-eminent role in marketing communication. As already mentioned, promotion
itself consists of four different components, namely:
Advertising
Sales Promotion
Personal Selling
Publicity
Advertising
“Advertising is paid form of non-personal promotion presentation and
promotion of ideas, goods and services by an identified sponsor”
- American Marking Association.
“It consists of non-personal forms of communication conducted through paid
media under clear sponsorship”. - Philip Kotler.
The term advertising originates from the Latin ‘adverto’, which means to turn
round. Advertising is telling and selling. Though advertising is but one of the
several functions of marketing, it has reached the status of an independent
discipline in itself. And advertising creates sales by the way of
communicating about the product and attracting the customer to buy the
product by revealing the features and advantage of the product.
28
Benefits of Advertising
Some important benefits of advertising are:
Advertisements create awareness, interest and desire for products
and services in customers to buy them.
The message can be repeated several times, thereby creating an
impact on the mind of a customer.
Advertising a product in a certain way can add to its value.
Advertising helps to boost the sales of a company.
Advertising also helps in reducing post purchase dissonance by
reassuring the customer about purchase decision made.
Advertising helps in changing the customer's perception of a product.
It supports the activities of the distribution network of the firm by
creating demand and encouraging purchase through pull strategy.
Advertisements also help in building a strong image of a product or
brand, apart from increasing its sales.
Developing an Advertising Program by Bajaj two – wheelers and its
dealers for Bajaj vehicles
Developing an advertising program involves different steps.
Steps involved in an advertisement program, broadly classified as:
(a) Identifying the target audience,
(b) Specifying advertising objectives,
(c) Setting the advertising budget,
(d) Developing the advertising message,
(e) Selecting the right media,
(f) Scheduling the advertisement and
(g) Measuring advertising effectiveness
29
Sales Promotion
Sales promotion is another important component of the marketing
communications mix. It is essentially a direct and immediate inducement. It
adds extra value to the product and hence prompts the dealer / consumer to
buy the product.
The Committee on Definitions of the American Marketing Association defines
Sales promotion as follows:-
‘In a specific sense, sales promotion includes those sales activities that
supplement both personal selling and advertising, and coordinate them and
make them effective, such as displays, shows, demonstrations and other non-
recurrent selling efforts not in the ordinary routine.’
Sales promotion is a combination of activities like running advertising
campaigns, offering free gifts, distributing free samples, conducting trade fairs
and exhibitions, offering temporary price discounts, door-to-door campaigning,
telemarketing, etc., all of which are aimed at increasing the sales of the
product.
Purpose of Sales Promotion
The main purpose of sales promotion is to boost the sales of a product by
creating demand, i.e., both consumer demands as well as trade demand. It
improves the performance of middlemen and acts as a supplement to
advertising and personal selling.
Sales promotion also helps in achieving following purposes.
Encourage the customers to try a new product.
Attract new customers.
Encourage the customers to use the product or service and make them
brand loyal.
Counter competitors’ promotional activities.
30
Importance of Sales Promotion
Sales promotion plays a crucial role while new products or new brands are
introduced into the market. When the economy is in a recessionary phase,
marketers can keep up sales using sales promotion activities like offering free
gifts, discount coupons, organizing contests, etc.
Tools and Techniques of sales promotion
For a marketer resorting to sales promotion, a variety of tools and techniques
are available. Point of purchase displays, product demonstrations, trade fairs
and exhibitions, premiums, free offers, coupons, discounts, free product
samples, gifts, contest, sweepstakes, product exchanges, easy financing
schemes, etc., are the commonly resorted methods of sales promotion.
Commonly Used Tools and Techniques of Sales Promotion by Bajaj two –
wheelers and its dealers for Bajaj vehicles:-
Demonstrations (Test – Riding / Trail).
Trade Fairs and Exhibitions. (Road Stalls).
Coupons, Premiums, Free offers, Price-offs, etc.
Free Gifts.
Joint promotion.
Contests - Consumer contests, Dealer contests.
Merchandising/Display.
Sales promotion on the internet.
31
PERSONAL SELLING
Sales management is a sub-system of marketing management. It is sales
management that translates the marketing plan into marketing performance.
That is why sales management is sometimes described as the muscle behind
marketing management. Actually, sales management does much more than
serving as the muscle behind marketing management. Sales managers in
modern organizations are required to be customer –oriented and profit –
directed and perform several tasks besides setting and achieving personal
selling goals of the firm.
American Marketing Association defines Personal selling as “an oral
presentation in a conversation with one or more prospective purchasers for the
purpose of making sales”.
Importance of personal selling
Personal selling is important for the sales and revenue growth of an
organization. It can be described as a handy tool in the hands of marketers for
the following reasons:
Personal selling gives marketers the freedom to make adjustments in the
promotional message to satisfy the information needs of customers.
Unlike advertising, publicity and sales promotion, it allows the marketers
to target their promotional message with utmost precision at the most
promising leads.
It provides the marketer with more information about customer
preferences and also serves as a means of obtaining feedback about the
company and its products.
Personal selling facilitates a two way flow of information and improves
interaction between the customer and the company.
32
The interaction between salespersons and customers helps the company
identify the strengths and weaknesses of their new products. It helps the
company take necessary corrective action.
Personal selling helps marketers obtain necessary feedback to improve
their new product development and customize the product to suit the
requirements of individual customers.
Effective sales force also helps a company build and improve
relationship with customers
The following are the different types of salespersons which are available
at Bajaj two – wheelers and its dealers for Bajaj vehicles:-
i) Order Takers: These personnel are entrusted with the duty of handling
routine sales orders and repeat orders. They have to perform functions such
as restocking the products, arranging product displays, answering phone calls,
and taking orders, etc. Order takers can be of two types. They are:
a) Inside Order Takers: Sales people who function from within the store and
do not make field calls are called as inside order takers. Eg. Check-out
counter clerks, telemarketing personnel.
b) Field Order Takers: They make field calls, interact with the customers
and take orders.
ii) Order Getters: The order getters are responsible for improving the
present sales and more importantly get new sales orders for the company.
Therefore, the task of order getters is more complicated than order takers.
Hence, organizations continuously enhance their skills through training.
iii) Support Personnel: The duty of support sales personnel is to facilitate the
selling function. They do this in the form of providing after sales support,
building goodwill for the company, etc. Support personnel are not involved in
actual sales of the product.
33
PUBLICITY
Public Relations (PR)
According to the Institute of Public Relations (UK), public relations are “the
planned and sustained effort to establish and maintain goodwill and mutual
understanding between an organization and its public”. A firm’s public includes its
employees, stakeholders, trade unions, general public, customers (past, present
and future), charities, media, government and politicians, etc.
An organization needs to communicate with the public both internally as well as
externally. As the attitude of the public influences the sales of an organization,
enhanced public relations work to enhance the overall image and create
goodwill for the company. Hence, organizations need to communicate with one
or all members of its public regularly.
The role of public relations is adopted by Bajaj two – wheelers and its
dealers for Bajaj vehicles:-
Identify the relevant public
Influence the opinions of the public by
a) Reinforcing the favorable opinions
b) Transforming neutral opinions of the public into positive opinions
c) Changing or neutralizing hostile opinions
Publicity, a function of PR, is a communication about an organization and/or its
products to the public. It is usually carried out in the form of a news item, a press
release, or a TV interview, etc.
Marketing and PR
In small firms, the marketing manager might assume the advertising, sales
promotion, sales, and public relations responsibilities. Large firms that offer
numerous products nationally or even globally have different managers to handle
different activities like advertising, promotions, marketing, sales, and public
34
relations. In such big firms, the role of a marketing manager and PR manager are
totally different.
Techniques for PR
There are many techniques available to influence public opinion. Some
techniques are more appropriate in certain circumstances than others. Let us
see how a firm can communicate with some of its important targets.
Consumer communication: Companies use a variety of communication tools
like customer press releases, promotional videos, consumer exhibitions,
competitions and prizes, product launch events, celebrity endorsements, web
sites, etc.
Business communication: A company can communicate to its business
associates and other publics through a) Company and product videos, b) Direct
mailings, c) Trade press releases, d) Web sites, e) Trade exhibitions, f) Articles.
It can also use a host of other external corporate communication channels like
a) Company literature like annual reports, brochures, videos, etc., b)
Community involvement programs, c) local, national and international media
relations, d) shareholder meetings (including the annual general meeting) and
e) meetings with stock market analysts, fund managers, etc.
Employee communication: Employee morale is strengthened if the firm is
perceived favorably by the public. Hence, firms use various techniques to
communicate with its employees like a) in-house newsletters and magazines, b)
internal/employee communication channels, c) Intranet and email, d) notice
boards, e) company get-togethers and picnics, f) employee conferences etc.
35
Other promotional activities: - The other promotional activities such as Direct
Marketing Apart from Advertising, Sales promotion, Personal selling and
Publicity.
Direct Marketing
Nature and Scope of Direct Marketing
The UK Direct Marketing Association defines direct marketing as,
“Communications where data are used systematically to achieve quantifiable
marketing objectives, and where direct contact is invited or made between a
company and its customers.”
In direct marketing, companies directly reach out to their customers without
the use of any intermediary. Companies use communication channels such as
the Internet, telephone, mail, etc., to interact directly with customers.
Direct marketing is similar to traditional marketing activities except that it has
three additional features which are following by Bajaj – two Wheelers and its
dealers.
1. In direct marketing, marketers invite customers to respond to their
marketing efforts through the telephone, email, etc.
2. The effectiveness of direct marketing can be measured easily because
direct feedback is available to marketers from customers.
3. In direct marketing, generally, a database of customers is maintained.
This helps marketers understand customers and serve them better.
FORMS OF DIRECT MARKETING
The various forms of direct marketing include catalog marketing, telemarketing,
kiosk marketing, and home shopping, and marketing using other media.
36
CHAPTER – IV
DATA ANALYSIS
This chapter deals with the Measurement and analysis about the effectiveness
of promotional mix which so far adopted by BAJAJ - MOTOR. And how much
it’s helpful in the terms of increasing sale because promotional activities by the
company and the dealer to acquired the local market. For the purpose of this
analysis in depth studying public attitudes towards which promotional tool is
attracted them to purchase a vehicle with this measurement a marketing
manager can allocate proper budget on the promotional activities for future
forecasting. The data divided into two sections:-
1. About the sample
2. The details of the study
About the sample
In this chapter the views of respondents about the Effectiveness of promotional
mix by Anika Bajaj are presented by conducting a survey study. For the
purpose of this study we have selected 50 respondents by using convenient
sampling technique. Their views are elicited by administering well designed
questionnaire. Some of the noteworthy characteristics of the sample selected
are as follows:-
Questionnaire designed in such a way that the needed survey can
gathered with its all circumstances. For example the data required only
about the “ANIKA BAJAJ” Effectiveness of promotional mix but in data
collection also considered the other brands such as Hero Honda, TVS,
Yamaha, and Honda etc. Because the existing customer may satisfy
with their own brands and they will not reveal negative aspects of their
own brand.
37
Promotional mix consists of Advertising, Sales promotion, Personal
selling, and Publicity. In the questionnaire I have highlighted these four
aspects to measure near to accuracy.
The questionnaire mainly focused on existing customers and other
general data collected with well known respondents this made because
not to create any dispute and competition analysis with other brands
just to know about their perspective how Bajaj has doing well in
promotional activities. For Example: - In generally if we ask to an
individual how many products do you know? If he answers frequently
then up to that much extent the awareness of the product influenced.
So in the collection of data also considered some personal observation
factors.
Personal data of respondents consists in first two questions.
Gender of female considered because in hierarchy of product we also
have Female segmented product mopeds.
Hence the questionnaire used to collected, tabulated, and interpretation
for the findings drawback with suggestions.
38
Age wise distribution:
As per age group, we
concentrated more on 25
to 40 because they are
the responsible
employees, business
mans and needful of two
wheelers for traveling.
The details of age wise
distribution presented in
table – 1.
Analysis &
Interpretation
According to the data of
the table – 1. 48% of the
respondents belong to
the group 20-29 years
40% of the respondents
belong to the group 30-
39 years. And very few
percent of respondents
belongs to 40-49 i.e.,
12%.
Table – 1
Age wise distribution
Fig.1
SL. no
Age No. of Respondents
%
1. 20-29 24 482. 30-39 20 403. 40-49 6 12
Total 50 100
39
Gender wise
distribution:
In this sample we have
included respondents on
the basis of their sex.
The collected data
regarding gender wise
distribution is presented
in table – 2.
Analysis &
Interpretation
According to table -2, 92
percent of the
respondents are males
and 8 percent of the
respondents are
females.
Table – 2
Gender wise
distribution
SL.
no
Gender No. of
Respondents
%
1. Male 46 92
2. Female 4 8
Total 50 100
Fig – 2
40
Occupational
composition:
Occupational
composition plays a vital
role in the context of
selecting a social class
to know which category
customer all about
purchasing power of a
vehicle lies in their
status. The occupational
composition of the
respondents is
presented in table -3.
Analysis &
Interpretation
According to the data of
the table – 3 30 percent
of respondent are doing
business. 24 percent of
the respondents are
professionals. 16
percent are employees.
18 percent of
respondents are govt.
employees. And 12
percent of the
respondents are
Students. All the above
categories are essential
user of the product.
41
Table – 3
Occupational composition
SL.
no
Occupational Respondents
1. Business 15
2. Profession 12
3. Employees 08
4. Govt.
Employees
09
5. Students 06
Total 50
Fig. 3
Rural / Urban wise
distribution:
The collected data
regarding rural/urban
wise distribution of the
respondents is
presented in the table-4
which is given aside.
Analysis &
Interpretation
According to the data of
table- 4 all the
respondents are from
urban only few i.e., 6 %
from rural.
. The idea behind taking
both samples in order to
know how a rural person
will interacts regarding
promotional activities of
products effect as
42
compared to urban
people.
.
Table – 4
Rural/Urban wise
distribution
SL.
no
Area No. of
Respondents
%
1. Urban 47 94
2. Rural 3 6
Total 50 100
Fig. 4
43
The details of the study
From the respondents an attempt is made to ascertain the information regarding.
a) Prefer two – wheeler vehicle comforts for
traveling.
b) Which brand?
c) If Bajaj then its sub-brands.
d) Purchase details.
e) Promoted to purchase Bajaj Brand.
f) Factor influenced to purchase.
g) Mode of purchase Bajaj two – wheeler.
h) Satisfaction in rendering service.
i) Repairing details.
j) Feature of the vehicle.
k) Mileage details.
l) Sales Promotion Tools & Techniques.
m) Advertising Effectiveness.
n) Personal Selling Effectiveness.
o) Product and Service improvement – opinion of
respondents.
p) Cost of spare parts.
44
The view regarding each of the above aspects are
collected from the respondents and presented in
this section.
45
a) Prefer two – wheeler vehicle comforts for
traveling.
To know the using and requirement capacity of a
respondents and comfortability in riding a two-
wheeler the question designed such as:-
Did you prefer two wheeler vehicle comforts for
traveling?
Table – 1
Fig – 1
SL. no Opinion No of Respondents %
1. YES 49 98
2. NO 01 02
Total 50 100
46
Analysis & Interpretation: - Hence all the
respondents preferring two- wheeler vehicle as a
comforts for traveling. Only 2% of the respondents
express negatively because means of
transportation are available it is not a compulsory
but for useful. However we have a great advantage
to expand our promotional activity of Bajaj Two –
wheeler Automobile industry.
47
b) Which brand?
In the present scenario competitive trend so it is
most important factor to be considered that which
brand is leading with number one position in the
local market. For this purpose the question is
mentioned as follows:-
If yes which brand?
a) Yamaha b) Bajaj c) Hero Honda d) If any
other specify______
Table – 2
SL. no
Brand names Respondents %
1. Yamaha 01 2
2. Bajaj 40 80
3. Hero Honda 04 8
4. Honda 02 4
5. TVS 03 6
Total 50 100
Fig – 2
Analysis & Interpretation: - From the table-2 and
graphical statement represent that Bajaj as a scope
48
of 80% but it is not an accuracy data because
almost selected respondent i.e., from Bajaj brand to
get appropriate data about the promotional activities
adopted by Bajaj. But to focus other brands
because how much extend it can promote the
products.
c) If Bajaj then its sub-brands
The respondents who are selected Bajaj has a brand
for them this question is applicable. The question is
designed to know the familiarity of the different
products of its brand. Respondents also supported
their choice with appropriate explanation:
If Bajaj Please name the sub-brand which you own?
a) CT-100 b) DISCOVER c) PULSAR d) XCD-
125 e) PLATINA-125 f) AVENGER g) KRISTAL
Table – 3
SL. no Sub-Brands names Respondents %1. CT-100 04 82. DISCOVER 08 163. PULSAR 10 204. XCD-125 08 165. PLATINA -125 08 166. AVENGER 00 07. KRISTAL 02 48. OTHERS 10 20
Total 50 100
Fig – 3:-
49
Analysis & Interpretation: - In the above table -3 and
graphical statement reveals that in Bajaj sub-brands
largest selling bike is pulsar around 20% and discover,
Platina, XCD having similar position in sales around
16% each where as product segment kristal for ladies
also having opportunities and Bajaj avenger is not
having supply to warangal dealer there is a market for
stylish bikes and others which belong to different
brands are also placing only 20%.
50
d) Purchase details.
In the study this question is asked to get the views
of the respondents regarding where they
purchase their vehicle from which Dealer and year
to know the particular of the sales in a profit ratio
in which year.
When and where did you purchase?
Dealer__________________________
Year_____________
As per the limitation regarding we have target the
dealer as Anika Bajaj so that respondent are from
the Anika Bajaj dealer. And the years in the table-
8 mentioned to know increase of sales with that
we can adopt those years’ sales promotion
activities.
Table – 4
SL. no
Years No. of Respondents
%
1. 2005 08 162. 2006 06 123. 2007 24 484. 2008 08 165. 2009 04 08
Total 50 100
51
Fig – 4
Analysis & Interpretation: - As per the table-4
and graph-4 it represent that the sales increased
in the year 2007 around 48%. So as per the
statement of the market scenario is down but
present situation we can adopt those promotional
activities of 2007.
52
e) Promoted to purchase Bajaj Brand
The question is asked to know whether what
particular factor attracted the customer or promoted
to purchase Bajaj Brand:
How promoted you to purchase Bajaj Brand of
above choice?
a) Low Price b) Brand Image c) Any Offer
d) Fuel Efficiency
Table – 5
SL. no
Advantages Respondents %
1. Low Price 03 6
2. Brand Image 34 68
3. Any offer 02 4
4. Fuel Efficiency 11 22
Total 50 100
Fig – 5
Analysis & Interpretation: - According to the
data of table – 5. 68 percent of the respondents
are significantly revealed that Bajaj is a branded
company. 22 percent of the respondents are feels
53
that Bajaj having fuel efficiency product. And
remaining express about offers and low price.
Further, the data represent that Bajaj having its
own brand image.
54
f) Factor influenced to purchase
The factor which are influenced the respondents
to purchase the product it means how customer
attracted to buy the product.
Who/What influenced you purchase for the above
mentioned brand?
a) Self-decision b) Advertisement c) Test-ride
d) Friends e) Style
Table – 6
SL. no
Factors Respondents %
1. Self decision 07 14
2. Advertisement 34 68
3. Test-ride 02 04
4. Friends 04 08
5. Style 03 06
Total 50 100
Fig – 6
Analysis & Interpretation: - From the table – 6.
The attraction towards product is advertisement
around 68% has been influenced to purchase the
product and also self decision taken by the
55
respondents around 14%. And the friends who
also know as reference group around 8% and only
few for the style and test-ride. Hence the Bajaj
advertising expenditure is not in category
ineffective.
56
g) Mode of purchase Bajaj two – wheeler.
This is a question which to know respondent
attitudes regarding at the time of purchase what
convenient did the respondents see such as cash
payment, bank loans, or hire purchase system.
Such as down payment and installments.
How did you purchase the Bajaj two-wheeler?
a) By cash payment b) Bank Loan c)
Hire Purchase System
Table – 7
SL. no
Mode of purchase Respondents %
1. By cash payment 23 46
2. Bank Loan 15 30
3. Hire Purchase system 12 24
Total 50 100
Fig – 7
Analysis & Interpretation: - According to table-7
and graph-7 the respondent’s likes purchase the
vehicle by cash payment which reduces interest
and other risk such as 46% around. Bank loan
around 30% and hire purchase adopted by only
few 24% around. Further, it reveals that
57
customers aggressive to purchase the vehicles
not worry about the cost even mode of purchase
which is not so difficulty to them.
58
h) Satisfaction in rendering service.
In the study this question is asked to get the views
of the respondents regarding how they feel about
the service after sales by the dealer or its service
centers:
Are you satisfied with the service rendered by the
dealer?
a) Yes b) No
Table – 8
Fig – 8
SL. no Satisfaction No of Respondents %
1. YES 47 942. NO 03 06
Total 50 100
59
Analysis & Interpretation: - According to the
data table – 8 and graph. It reveals that the
dealer and the service center of Bajaj are
providing their excellence duties and
responsibilities towards its customer the
satisfaction level is around 94%. So Anika Bajaj
will desire for the long term in market because
customer satisfaction also create another
customer to the organisation by their reference
and non satisfaction it may become threat to the
organisation.
60
i) Repairing details.
Apart from service how many times the vehicle did
go for repair in the year. This question is created
to reactive the customer that their vehicle
efficiency and usage period comparison.
How many times your motor cycle has been
repaired in one year?
a) Zero b) 1-3 c) 3-6 d) Above -6
Table – 9
SL. no
Repairs Respondents %
1. Zero 29 58
2. 1-3 20 40
3. 3-6 01 02
4. Above – 6 00 00
Total 50 100
Fig – 9
Analysis & Interpretation: - The above table &
graphical statement 9. The data reveals that the
vehicle will not having major problems through out
the year around 58% of respondents reveals that
no repair only servicing, 40% claim 1 to 3 times
repair in the year and very few i.e., 02% for 3 to 6.
61
As per this respondents opinion the Bajaj two
wheelers are good in it efficiencies.
62
j) Feature of the vehicle.
After satisfaction and repair the most advantage
feature in their bike to know this the question
designed in the following way:
Tick the most important future of your bike?
a) Excellentb) Technology (Style) c) Power
(Pick-up) d) Fuel Efficiency
Table – 10
SL. no
Features Respondents %
1. Excellent 02 04
2. Technology (stylish)
28 56
3. Power (pick up) 10 20
4. Fuel Efficiency 10 20
Total 50 100
Fig – 10
Analysis & Interpretation: - According to the table
and graph 10. Moreover attract with the product
because of stylish technology around 56%, and
pickup, fuel efficiency in the bike slightly 20%
equally and 4% of the respondents selected
63
excellent. As per this data analysis Bajaj two –
wheeler is stylish, good pick – up, fuel efficiency
and excellent features so promotional activities can
adopt easily.
64
k) Mileage details.
In this survey an attempt is made to ascertain the
views of respondents regarding mileage of the
bike is satisfied or normal compare to kilometers
per liter:
What’s your motor cycle mileage in long drive?
a) 40-45 KMPL b) 45-55 KMPL c) 55-65
KMPL d) Above -65 KMPL
Table – 11
SL. no
Mileage Respondents %
1. 40-45 KMPL 04 08
2. 45-55 KMPL 20 40
3. 55-65 KMPL 22 44
4. Above 65KMPL 04 08
Total 50 100
FIG – 11
Analysis & Interpretation: - According to the
data of the table – 11. We got that 44% of the
respondents strongly viewed that mileage of
vehicle around 55 to 65 KMPL. 40 % of the
65
respondents view that mileage is 45 to 55 KMPL.
And above 65KMPL around 8%. So the Bajaj two
– wheelers are having economical safe with good
mileages.
66
l) Sales Promotion Tools & Techniques.
Now it is a very most factor to know the
effectiveness of promotional mix till now the
questions regarding product, service and brand
etc...
To measure the effectiveness of promotional mix
few tools & techniques mentioned in the
questionnaire to know in general what respondents
feels regarding the tools of sales promotion.
Q) In this list which one did you like?
a) Offers b) Discount, Price-off c) Exhibitions (Road stalls) d) Gifts/ Prize coupons e) Demonstration (Test – drive) f) Money refund offer / Exchange Schemes g) Installment offers h) Contests.
Table – 12
SL. no
Sales Promotion Respondents %
1. Offers 07 142. Discount 07 143. Exhibitions 11 224. Gifts 03 06
5. Demonstration 13 266. Money refund 01 027. Installment 07 148. Contests 01 02
Total 50 100
Fig – 12
Analysis & Interpretation: - According to the table
67
-12 and graph 12. The data reveals that their a
chance of making sales promotion in a effective
manner such as people likes demonstrations 26%
and exhibitions (road stalls) 22% and other tools
offers, discounts, installment offers, gifts/prize off,
money refunds offer, and contests.
68
m) Advertising Effectiveness.
The question is made to know how much extent
thus the advertising plays a role and which media is
effective for the response of the customers:-
The question is lengthier so the tabulation and
graphical statement will be representing for each
media. For adequate information.
Which media you will prefer to Enquiry / known about the
product?
Print Media Electronic Media Outdoor
Media
a) Newspapers a) Radio a)
Posters
b) Magazines b) Television b)
Traveling Displays
c) Trade Journals c) Internet c)
Painted signs
d) Direct Mails d) Cinema d)
Electric Signs
Table – 13A
SL. no
Print Media Respondents %
1. Newspapers 40 80
2. Magazines 02 04
3. Trade Journals 07 14
4. Direct Mails 01 02
Total 50 100
Fig – 13A
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Analysis & Interpretation: - The respondents
selected newspaper as 80% and trade journals
around 14% so that the effectiveness of
promotional mix can be generate with the
newspaper print media and also is a opportunity to
cover the magazines and direct mails.
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Table – 13B
SL. no
Electronic Media Respondents %
1. Radio 03 06
2. Television 42 84
3. Internet 03 06
4. Cinema 02 04
Total 50 100
Fig – 13B
Analysis & Interpretation: - As per the table – 13B
the electronic media also plays a vital role around
84% are interested with TV Ad’s so that Anika Bajaj
can enroll their ad’s into TV media such as IN
Cable, LOCAL TV, and other few local channel
such as TV 5, and there is an opportunity to cover
internet, cinema – adlabs, and radio 93.S.Fm.with
as a sponsor for the favourable events.
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Table – 13C
SL. no
Outdoor Media Respondents %
1. Posters 10 20
2. Traveling Displays 30 60
3. Painted Signs 05 10
4. Electric Signs 05 10
Total 50 100
Fig – 13C
Analysis & Interpretation: - According to table –
13C. The advertising in the media plays a crucial
role in each type of media as 60% covers in the
traveling hoardings in outdoor media, and posters
will cover around 20% and slightly painted &
Electric Signs will cover 20%.
Conclusion: - Media is the main tool for advertising
so the media divided into three parts print media,
electronic media, and outdoor media, in this main
scope and resources are available with local
newspapers daily. Local TV channels, and traveling
hoardings signs etc.
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n) Personal Selling Effectiveness.
This question is made to know how much a
respondent will give time salesman so that we
designed this question as :-
Did you Response Salesman?
a) Yes b) No c) Some times
Table – 14
SL. no
Response Respondents %
1. Yes 10 20
2. No 06 12
3. Some times 34 68
Total 50 100
Fig – 14
Analysis & Interpretation: - According to the table
– 14. The data reveals that there is a scope for
salesman – personal selling. The respondents
response salesman 68% some times, 20% strongly
response and only 12% respondents will avoid
them. Further, salesmanship can also become
effectively in the promotion mix.
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o) Product and Service improvement – opinion of
respondents.
In the study this question made to know for the
better product and service assessment to be
improved. Open ended technique adopted with the
own suggestions and opinion of the respondents so
the data also to know the psychology perspective of
an individual and this psychometric test give us
following results:-
Q) Offers Suggestion for the Improvement in the
Product and Service?
1) 20% of the respondents views that they need
improvement in the product with some
modification colors.
2) 10% of the respondents views that low weight
mopeds for girls and with stylish model, color
and also convenient in handling.
3) 5% of the respondents reveal that service
centers to be increased in Warangal District.
4) 5% of the respondents reveal that Quick
response should be adopted at the time of
booking a vehicle the delivery efficiency should
be in a just in time.
5) 10% of the respondents reveal that there is a
scope and opportunity to adopt the
promotional activities for Bajaj two – wheeler
brand as compare to Hero Honda and other
brands.
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Analysis & Interpretation: - According to the data
the respondents strongly recommends that the
modification in the product and service for the
benefit of the company and society. Such as few
respondents expressed that modification regarding
color, model, and some features of the product
which is lacking in the existing models. And few
other respondents express that promotional activity
there is an opportunity in the district Warangal.
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p) Cost of spare parts.
This question is ask to know whether they are
satisfied after purchase of the vehicle any repairs or
service did they getting spare parts frequently or not
and if getting then it is costly or reasonable rates of
the spare parts:-
How do you feel about the spare parts in monetary
terms?
a) Very Costly b) Costly c) Reasonable d)
Very reasonable
Table – 15
SL. no
Spare Parts Respondents %
1. Very Costly 00 00
2. Costly 05 10
3. Reasonable 44 88
4. Very Reasonable 01 02
Total 50 100
Fig – 15
Analysis & Interpretation: - According to the table
– 15 and graphical statement 15. The Bajaj spare
parts are reasonable around 88% and 10%
expressed that costly as they feel remaining feels
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that very reasonable. Further, the data analysis
interpret that the cost of spare parts of Bajaj two-
wheeler brand is nor high nor too low it is an
average cost which satisfy for every user of this
brand.
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CHAPTER – V
CONCLUSION AND SUGGESTIONS
Conclusion:-
The purpose of this chapter is to bring out the
conclusions that have emerged from the study and
offer suggestions to improve the performance of the
Anika Bajaj dealer of Bajaj two – wheelers and the
effectiveness of promotional mix to increase the
sales, to promote the product as per local
environment.
1. For this purpose in our study 50 respondents are
selected by using convenient sampling technique.
2. In the study the personal factors of the
respondents such as Age, Gender, Area, and
occupational composition also included to known
the particulars of users who are consumer for
Bajaj two wheelers. For this purpose also
considered product segmentation with few
techniques and question in the questionnaire.
3. Respondents who feel comfort for traveling with
two – wheeler also mentioned to know the need
is essential or non – essential in the routine life.
Generally in tier-1 cities lot of scope for four
wheelers so that it has mentioned.
4. Mainly the survey is taken upon the existing
customers of the Bajaj but there is a need to
know other negative aspects for this purpose not
entered in deep with the other brands customer
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just with the nearest relations respondents taken
the data about their perspective regarding Bajaj
to know how much extent they Bajaj two –
wheeler has awareness in the present market.
Moreover 40% of the respondents are selected
Bajaj brand as their owned and interest to it.
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5. After knowing the Bajaj as their owned brand then
also gathered information regarding which sub-
brand of Bajaj did they are using and response to
all the sub-brand is good but pulsar as more
scope in the market 20% around, where
Discover, XCD, Platina and other products also
having slightly equal position. And there is an
opportunity for stylish bikes so Bajaj Avenger can
familiarity in the Warangal market.
6. Largest selling year by Anika Bajaj is 2007
around 48% of profit ratio showing as per
respondents purchase the vehicle and by this we
can adopt those years’ promotional tools to
increase the sales.
7. By what factors did the respondents purchase a
Bajaj brand to known this we enlighten few
options such as low price, brand image, offers,
and fuel efficiency so respondents around 68%
strongly appeal that because of brand image.
8. Factor influenced and attract to purchase the
mentioned brand around 68% of the respondents
reveal that through advertisement, 14% of the
respondents by self decision and 8% of the
respondents through friends reference group
which is the belongs to publicity and very few
attracted by test-drive and style of the model.
9. The mode of purchase is likely by the
respondents through cash payment around 46%
80
of the respondents feel that if cash payment
made then they can reduce interest rates and risk
regenerate. Bank loan obtaining around 44% of
the respondents and down payment with
Installment in hire purchase system is adopted by
10%.
10.Opinion regarding satisfaction by the dealer and
service rendering by the service center is around
80% of respondents it means good in servicing by
the dealer and service centers.
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11.About product advantage regarding times of
repaired in one year and other feature such as
excellent, technology style, power (pick up) and
fuel efficient in this respondents reveals that 40%
non-repaired and remaining says repairs as per
rarely in the year apart from servicing 56% of
respondents feels it is a technology stylish bike
and remain concentrated on fuel efficiency bike.
12.Mileage of the bike is good around 44% 45 to 55
KMPL and remaining 55 to 65 KMPL liters. So it
has one more advantage i.e., economically good
in mileage.
13.sales promotion activities like by respondents in
different tools & techniques few like exhibitions
(road stalls), demonstration, offers, discounts,
gifts, installment offers, and contests also few
reveal that if money refund offer/exchange
schemes is good motive them to purchase.
14. In advertising respondents with strongly approach
for Print media: with news papers, Trade –
journals, Electronic media with Television Ad’s
and other radio internet & cinema. Outdoor
media: they are internet with traveling displays,
posters, electric signs, and hoardings.
15. In personal selling respondents some times
response to salesman to known the advantage
about the product, so there is chance of personal
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selling promotional activity to adopt in Warangal
district.
16.About the suggestion and improvement of the
product and services respondents reveals their
own attitudes with different future expectations in
the product modifications.
17.The spare parts in monetary terms Bajaj two-
wheeler brand neither has nor high nor too low
with reasonable rates.
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Suggestions:
Anika Bajaj has good efficiency products with lot of
enhanced technology one they can increase their
sales by concentrating on promotional activities such
as:-
Advertising in Local TV Media, like IN Cable,
Local TV, TV 5, and other local Telugu news
and entertainment channels, and also they
have print media Ad’s in newspapers like
Sakshi, Vartha, Enadu, and Deccan
Chronicle. Outdoor media like divider traveling
displays and posters.
Sales promotion – they can adopt exhibitions
(road stalls), demons-tration, for test rides,
offers like mobile free, discount like 1000/- Rs
off, installment offer by the financers, and can
provide contests with favorable events.
Personal selling they can cover rural market of
Warangal district such as mulugu zonal areas
and with in the city by their marketing
executives.
Publicity – Almost the dealer and service
centers are having good service providing so
that publicity can be easily built by the
customer satisfaction and their influences in
the market.
Apart from the above four promotional mix
they can also concentrate on Direct
Marketing, Telemarketing, Teleshopping
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/Home shopping, door delivery, and Web
marketing part of E-commerce which deals
with less expenditure for promotion of the
product.
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*ANIKA BAJAJ VEHCILES*
“EFFECTIVENESS OF PROMOTION MIX”
QUESTIONNAIRE
This is a questionnaire on your opinion about promotion
mix. By which source of you awareness about the
product, we mean a steady to know performance &
promotional strategies.
1. Name:___________________________________
2. Age:-_______ Gender:- Male / Female Occupational:- ___________
Area: Urban/ Rural.
3. Did you prefer two wheeler vehicle comforts for
traveling? [ ]
a) Yes b) No
3. If yes which brand? [ ]
a) Yamaha b) Bajaj c) Hero Honda d) If any
other specify__________
4. i) If Bajaj Please name the sub-brand which you own?
[ ]
a) CT-100 b) DISCOVER c) PULSAR d)
XCD-125 e) PLATINA-125 f) AVENGER g)
KRISTAL
ii) Support your choice
explanation_________________________________
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___
___________________________________________
_____________________
5. When and where did you purchase?
Dealer__________________________
Year_____________
6. How promoted you to purchase Bajaj Brand of above
choice? [ ]
a) Low Price b) Brand Image c) Any Offer d)
Fuel Efficiency
Contd..2
87
7. Who/What influenced you purchase for the above
mentioned brand? [ ]
a) Self-decision b) Advertisement c) Test-ride d)
Friends e) Style
8. i) How did you purchase the Bajaj two-wheeler?
[ ]
a) By cash payment b) Bank Loan c) Hire
Purchase System.
ii) Price paid towards the selected vehicle you have
purchase Rs:___________
9. Are you satisfied with the service rendered by the
dealer? [ ]
a) Yes b) No
10. How many times your motor cycle has been repaired
in one year? [ ]
a) Zero b) 1-3 c) 3-6 d) Above -6
11. Tick the most important future of your bike?
[ ]
a) Excellent b) Technology (Style) c) Power (Pick-
up) d) Fuel Efficiency
12. What’s your motor cycle mileage in long drive?
[ ]
a) 40-45 KMPL b) 45-55 KMPL c) 55-65 KMPL
d) Above -65 KMPL
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13. In this list which one did you like?
[ ]
a) Offers e) Demonstration (Test – drive)
b) Discount, Price-off f) Money refund offer / Exchange Schemes
c) Exhibitions (Road stalls) g) Installment offers
d) Gifts/ Prize coupons h) Contests
Contd…3
89
14. Which media you will prefer to Enquiry / known
about the product? [ ]
Print Media Electronic Media Outdoor
Media
a) Newspapers a) Radio a)
Posters
b) Magazines b) Television b)
Traveling Displays
c) Trade Journals c) Internet c)
Painted signs
d) Direct Mails d) Cinema d)
Electric Signs
15. Did you Response Salesman?
[ ]
a) Yes b) No c) Some times
16. Offers Suggestion for the Improvement in the
Product and Service?
___________________________________________
___________________________________________
___________________________________________
___________________________________________
_____________
17. How do you feel about the spare parts in monetary
terms? [ ]
a) Very Costly b) Costly c) Reasonable d)
Very reasonable
90
Thank you…
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BIBILOGRAPHY
Effectiveness of Promotional Mix:-
1) Company profile:-
Website:-
http:// www.bajajauto.com
2) Theoretical Aspects:-
Marketing Management –
V.S.RAMASWAMY & S. NAMAKUMARI
(Planning, Implementation & Control).
Philip Kotler: Marketing Management –
Analysis, Planning, Implementation and
Controlling.
Pran choudhary & Elliot. R & ALAN TOOP:
Successful Sales Promotion – Orient
Longman, New Delhi,
Rahor: Advertising Management –
Himalaya Publishing House . Mumbai.
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