Transcript
Page 1: comparative study of maruti and hyundai

MINOR PROJECT REPORT

ON

COMPARATIVE STUDY OF MARKETING

STRATEGIES OF TWO AUTOMOBILE

COMPANIES

Prepared by:

Avi Nagpal

B.B.A. (G) III Semester II Shift

Enrollment Number- 04721201711

Date- ___________

FACULTY GUIDE:

Mrs. Vandana

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CERTIFICATE

This is to certify that Report entitled “COMPARATIVE STUDY OF

MARKETING STRATEGIES OF TWO AUTOMOBILE COMPANIES”

which is submitted by AVI NAGPAL in partial fulfillment of the requirement for

the award of degree of Bachelor of Business Administration to G.G.S.I.P

University , Dwarka , is a record of the candidate own work carried out by him

under my supervision. The matter embodied in this thesis is original and not been

submitted for the award of any other degree.

Date: Supervisor

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ACKNOWLEDGEMENT

Project work is never the accomplishment of an individual rather it is an

amalgamation of the efforts, ideas and co-operation of a number of entities.

I would like to thank GURU GOBIND SINGH INDRAPASTHA

UNIVERSITY for giving an opportunity to work on a valuable project.

The completion of the project study that follows, seemed to be a distant goal had

it not been for the contribution of Mrs. Vandana for allowing me to work on a

very intrinsic part on COMPARATIVE STUDY OF MARKETING

STRATEGIES OF TWO AUTOMOBILE COMPANIES. I thank her for the

ideas and basic concepts she delivered and shared with me, as they helped me a

lot in accomplishing this project of mine.

AVI NAGPAL

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INDEX

S. No. Particulars Page no.

1 Cetrificate

I.

2 Acknowledgement

II.

3 Introduction

Introduction

Automobile Company Profiles

Scope of Industry

Objectives

1

5 Theoretical View

15

6 Practical View

27

7 Recommendations and Conclusions

44

8 Bibliography

48

9 Annexure

56

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Introduction

Comparative Study of Marketing Strategies of Two Automobile Companies

A marketing strategy is a process that can allow an organization to concentrate its

limited resources on the greatest opportunities to increase sales and achieve a

sustainable competitive advantage. It’s a written plan which combines product

development, promotion, distribution, and pricing approach, identifies the firm's

marketing goals, and explains how they will be achieved within a stated

timeframe. Marketing strategy determines the choice of target market segment,

positioning, marketing mix, and allocation of resources. It is most effective when

it is an integral component of firm strategy, defining how the organization will

successfully engage customers, prospects, and competitors in the market arena.

Marketing strategies serve as the fundamental underpinning of marketing plans

designed to fill market needs and reach marketing objectives. Marketing strategies

are dynamic and interactive. It may differ depending on the unique situation of the

individual business.

On the Canvas of Indian Economy, Auto Industry occupies a prominent place.

Automobile sector is one of the core of Indian Industry. Continuous economic

liberalisation over the years by the Government of India has resulted in making

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India as one of the prime business destination for many global automotive

players.

One of the largest industries in India, automotive industry has been witnessing

impressive growth during the last two decades. Indian automobile industry has a

mix of large domestic private players such as Tata, Mahindra, Bajaj, Ashok

Leyland and major international players including GM, Ford, Toyota, Honda,

Hyundai, etc. To remain in this competitive market on has to come up different

ideas and strategies.

Various Marketing Strategies enables a firm to expand business activities for

market reputation, to satisfy human wants , to lead to specialisation and efficient

performance of production function climaxing in economic stability.

After liberalization automobile Industry is growing at very high rate and many

new companies have also entered into market. With offering variety of cars in all

segments for everyone. So it is important to know which company is providing us

good quality cars at fair prices and providing better after sales services and how

they are trying to reach customers.

The most obvious objective marketers have for promotional activities is to

convince customers to make a decision that benefits the marketer (of course the

marketer believes the decision will also benefit the customer).  For most for-profit

marketers this means getting customers to buy an organization’s product and, in

most cases, to remain a loyal long-term customer. 

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However, marketers must understand that getting customers to commit to a

decision, such as a purchase decision, is only achievable when a customer is ready

to make the decision.

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COMPANY PROFILE

MARUTI SUZUKI

In early 1980s Indian Govt decided to produce a small car, which would be within

buying reach of Indian middle class. The obvious place to shop for technology

was Japan, which had developed world class capabilities in small cars by that

time.It was not Toyota, or Nissan, or Honda ,three largest player in Japan, but

Suzuki, a much smaller company with strong capcabilities in making small cars.

Suzuki grabbed the opportunity with both hands and formed a joint venture with

govt. called Maruti Udyog.

Maruti Udyog Limited, a subsidiary of Suzuki Motor Corporation of Japan, has

been the leader of the Indian car market for about two decades. Its manufacturing

plant, located some 25 km south of New Delhi in Gurgaon, has an installed

capacity of 3,50,000 units per annum, with a capability to produce about half a

million vehicles.

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Maruti rolled out its 1st car, Maruti 800 with 800cc engine in December 1983.

This model targeted at masses and was launched as “People’s car”. In early 2003,

Maruti Udyog, a joint venture between Suzuki and Indian Govt. dominated

India’s automobile market with 54% market share and with annual production

capacity of 5lac cars. The company dominated Indian Small car market with a

share of 100% in A segment, 36% in B segment and 86% overall.

The company has a portfolio of 11 brands, including Maruti 800, Omni, premium

small car Zen, international brands Alto and WagonR, off-roader Gypsy, mid size

Esteem, luxury car Baleno, the MPV, Versa, Swift and Luxury SUV Grand Vitara

XL7.

In recent years, Maruti has made major strides towards its goal of becoming

Suzuki Motor Corporation's R and D hub for Asia. It has introduced upgraded

versions of WagonR, Zen and Esteem, completely designed and styled in-house.

Maruti's contribution as the engine of growth of the Indian auto industry, indeed

its impact on the lifestyle and psyche of an entire generation of Indian middle

class, is widely acknowledged. Its emotional connect with the customer continues

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Maruti tops customer satisfaction again for 8th year in a row according to the J.D.

Power Asia Pacific. India Customer Satisfaction Index Study. The company has

also ranked highest in India Sales Satisfaction Study.

In keeping with its leadership position, Maruti supports safe driving and traffic

management through mass media messages and a state-of-the art driving training

and research institute that it manages for the Delhi Government.

The company's service businesses including sale and purchase of pre owned cars

(True Value), lease and fleet management service for corporate (N2N), Maruti

Insurance and Maruti Finance are now fully operational.

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HYUNDAI MOTORS

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai

Motor Company, South Korea and is the second largest car manufacturer and the

largest passenger car exporter from India. HMIL presently markets 54 variants of

passenger cars across segments. The Santro in the B segment, the Getz Prime, i10

and the Premium hatchback i20 in the B+ segment, the Accent and the Verna in

the C segment, the Sonata Embera in the E segment and the Tucson in the SUV

segment.

Hyundai Motor India Ltd, continuing with its tradition of being the fastest

growing passenger car manufacturer, registered total sales of 489,328 vehicles in

the calendar year (CY) 2008, an increase of 49.6 percent over CY 2007. In the

domestic market it clocked a growth of 22.4 percent with 245387 units in 2008,

while overseas sales grew by 92.5 percent, with exports accounting for 243,931

units in 2008.

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HMIL's manufacturing plant is located near Chennai which has advanced

production quality and testing capabilities in the country. Inorder to provide the

Indian customer with global technology, HMIL started its second plant in

February 2008 which produces an additional 300,000 units per annum, raising

HMIL's total production capacity to 600,000 units per annum. Apart from

expansion of production capacity, HMIL currently has 260 strong dealer network

across India.

The production management processes at Hyundai Motor India are overlaid with

an organization-wide implementation of manufacturing best practices like Just-in-

time inventory management, Kaizen, TPM and TQM, that help us in making the

world's best cars, right here in India.

Hyundai Motor Company was established in 1967, Hyundai Motor Co. has grown

into the Hyundai-Kia Automotive Group which was ranked as the world’s fifth-

largest automaker in 2007 and includes over two dozen auto-related subsidiaries

and affiliates. Employing over 75,000 people worldwide, Hyundai vehicles are

sold in 193 countries through some 6,000 dealerships and showrooms.

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Hyundai Motor Company, South Korea, the parent of HMI, has been doing

considerable work on sustainable Environment Management. The company has a

well defined framework in place for developing products that reduce pollutant

emissions and processes for preservation of natural resources and energy along all

the stages of the product lifecycle from production, sales, use to disposal and has

been awarded the ISO 14001 certification for all its three major plants in Ulsan,

Asan and Jeonju in South Korea.

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PRODUCTS

MARUTI SUZUKI

Maruti 800

Alto K10

Alto 800

Omni

Gypsy

Estilo

WagonR

Eeco

A-Star

Ritz

Swift

SX4

Ertiga

Kizashi

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Grand Vitara

HYUNDAI

EON

Santro Xing

i10

i20

Accent

Fluidic Verna

Neo Fluidic Elantra

Sonata

Santa Fe

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SCOPE OF INDUSTRY

Following the economic reforms of 1991, the automobile section underwent

delicensing and opened up for 100 percent Foreign Direct Investment. A surge in

economic growth rate and purchasing power led to growth in the Indian

automobile industry, which grew at a rate of 17% on an average since the

economic reforms of 1991.

India's automotive components industry is being urged by the government to

partner with overseas firms with the aim of making India a platform for

outsourcing as well as a global R&D hub. As the Indian vehicle production

industry has grown, so has the domestic supplier industry. But the global auto

industry's search for lower cost and more international outsourcing has led to a

sharp growth in component output and exports in recent years.

The positive demographic factors, stable macro-economic environment and pro-

reform policies of the government, low manufacturing costs, availability of skilled

labor has attracted almost all major global auto players making their way into

India like GM, Ford, Daewoo, Honda and Toyota The intense competition has

compelled the manufacturers to launch the latest global offering in India as early

as possible. It has also enabled to keep the prices of the vehicles under check. The

consumers, in turn, have benefited from wide choice of models, technologically

advanced cars and better service from the car manufacturers.

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EVOLUTION OF AUTOMOBILE INDUSTRY

Initial Years Early to mid 90s Mid 90s- 2009

     

Manufacturing was Licensed

Seller’s market and Long waiting periods

Buyers Market

High customs duty on import

Delicensing in 1993 Increase in Indigenization

Steep excise duties & sales tax

Removal of Capacity restrictions.

Easy Auto Finance

Two Major Players Decrease in customs & excise. Manufacturers diversifying into related activities:

Premier Automobiles Ltd & Hindustan Motors

Auto finance boom-more players (foreign banks & non banking companies, better schemes).

Finance lease, fleet management, insurance and

     

1980s   Used car market.

     

Entry of MUL, better product, with Govt support.

  Variety of Options available to choose from.

Seller’s Market.    

Long waiting periods.    

     

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COMMON MARKETING STRATEGIES OF AUTOMOBILE COMPANIES

Advertising in News papers and Magazines:-

In this companies advertise about the car in various

local newspapers like Economic times and they give

detail explanation about the feature of the cars,

keeping customer’s requirement. They also provide

various dealers addresses and contact numbers for

reference. Company also tries to advertise through

various magazines like Auto Cars, Overdrive, etc.

Grand Launch :-

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Recently Tata Nano car was grandly launched and created a buzz in market. After the launch media aggressively took interest in providing the minute details about the car to the customer by showing test drives, etc.

Once the car is launched they give adds in every possible newspaper, car

magazines, put hoardings, display car models in the malls.

Company provides exchange offers to customers :-

This is one of the most effective ways adopted by the companies and very

successful marketing strategy, which has helped company increase their sales.

In this method, companies provide option to buy a new car of your choice in

exchange of their old cars, but the price of old car is decided by the dealer by

looking at its condition. It helps customers, as they don’t need to go anywhere

else to sell their old car. This also helps companies to increase their sale of new

cars.

Adding Star Value to product- Brand Ambassador :-

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Companies choose brand ambassadors for their cars to reach wide masses. For

e.g. Shahrukh Khan promotes Hyundai, Abhishek Bachan promoted Ford Fiesta,

Saif Ali Khan and Rani Mukherjee promoted Chevrolet Aveo and Amir Khan

promoted Toyota Innova. Ambassadors give a special identity to the products.

Companies have started sponsoring reality shows for better visibility :-

As we all know reality shows are making all time big in television and

entertainment industry. This is really a smart move by automobile companies to

gain visibility through reality shows. The reality shows are aired all over the

world and huge number of people watch it. So companies sponsor such shows and

get noticed.E.g. Maruti sponsored India’s Got Talent show on Colors channel and

gifted Ritz to the winner. Indian Idol winner was also gifted with Maruti SX4.

Mall Displays

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Various companies display their cars in Malls so as to get prime attention. People

go in Malls for shopping and hangouts with their friends and family. They

conduct small contests and give gift hampers as prize. Thus they try to attract

crowd towards them.

Companies enter market with help of Films

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In terms of marketing strategies Chevrolet Aveo found a unique way of

advertising by way of a Yash Raj Film production, Tara Rum Pum. The main

motive behind this was to popularize and promote the product in youth.

Companies Sponsor Go- Karting events

Go-karting events are really booming up among young crowd. And that’s the

reason we see craze for participating in go-karting events is on high. People have

started taking interest in the sport and huge crowds turn up for such events. But

for sure car companies would to not like to miss chance of visibility they get in

such competitions.Few years before Maruti Suzuki sponsored Autocross rally.

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Similarly Tata Engenieering has sponsored Narayan Kartikeyan as India’s Entry

in to the World Series motorcar racing.

Personal selling

Personal Selling largely takes place at the Dealers’ End. The way customer is

attended depends mainly on the Dealer as he acts as an interface between the

company and the Consumer. The various cases in which Personal Selling takes

place is Individual Sales, Corporate Sales, Sales Presentations, Fair and trade

Shows. Mostly in case of Individual Sales the Customer goes to the showroom

and takes a look at the product. There he is attended to by the Sales Personnel of

the Dealership. Sometimes the Senior Sales Executive has to make Sales

Presentation to Corporate Buyers. Personal Selling is also practiced at Trade Fairs

and Auto Shows wherein the Company appointed Sales Personnel attend

prospective customers and also book their orders.

Market Share Of Automobile Companies

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46.9

14.613.5

6.7

4.33.9

10.1

% Market Share

Maruti Suzuki Ltd. Tata Motors Ltd.

Hyundai Motor India Ltd. Mahindra & Mahindra Ltd.

General Motors India Pvt Ltd. Honda Siel Cars India Ltd.

Others

Above market share graph shows us that in automobile industry still Maruti

Suzuki is enjoying highest market share. And then comes companies like TATA

and Hyundai Motors India Ltd.

Marketing Strategies used by Maruti Suzuki

Advertisements

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Good promotional strategy is adopted by Maruti Suzuki to transform its thoughts

to the people about its products by marketing through advertisement in television,

radio, newspaper, etc.

Through radios they try to promote their product by organizing quiz contests and

the person who wins are offered special discounts, gift vouchers, coupons, etc.

Through television they promote their vehicle by showing the utility value, its

comfort level.

Some of the strategies used for cars were:-

Baleno: “Missed the flight catch Baleno” The most comfortable Car even in long

drives.

Esteem: “My Daddy’s Big Car” Affordable mid size car

Alto: “Lets Go” The fuel efficient and affordable car

After Sales Service:- “Kya yahan Maruti Service Station hai” Availibility of

service stations even in the remotest place in the country.

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Display

If you visit any of the Maruti Dealers showroom what you will notice is one thing

very similar, that is the display. They display only 2-3 cars in the showroom. Well

this is the strategy to make people concentrate on only few choices otherwise they

might get distract and get confused. Here Maruti wins one customer.

Tie up with many banks

To promote its bottom line growth, Maruti launched Maruti Finance in Jan

02.

Prior to the start of this service Maruti had started two joint ventures –

Citicorp Maruti and Maruti countrywide with Citi Group and GE

Countrywide respectively to assist its client in securing loan.

Today Maruti has tie ups with ABN Amro Bank, HDFC Bank, ICICI Ltd, Kotak

Mahindra Bank, Standard Chartered Bank etc.

Exchange offers

Maruti has also placed its step and progress by marketing through exchange

offers. In this it makes possible to leave and get it replaced for a new one with

barely some amount. This is one of the greatest ways to attract more and more

customers and also makes possible to increase sales.

SBI Maruti Car Loans

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The country’s largest bank and the largest car maker have joined hands to make

affordable car finance available to more and more people across the country. The

mega alliance makes car loans available at lower interest rates to a wider section

of people, with transparent terms and conditions.

The unbeatable advantages of SBI Maruti car loans:-

Two market leaders in their respective industries with trusted brand

names.

Low interest rates

No processing fees or hidden costs to ensure transparency.

Car loans available for diverse categories of customers including govt.

employees and agriculturist.

Marketing Strategies of Hyundai

Advertisements

Page 28: comparative study of maruti and hyundai

Hyundai had used Bollywood star Sharukh Khan as Brand Ambassador for

promoting their car. Through this they tried to attract the customers.

To promote their product they organized quiz contests on radio and the person

who wins was offered special discounts, gift vouchers, coupons, etc.

They also advertise in Newspapers. In this companies advertise about the car in

various newspapers and they give detail explanation about the feature of the cars,

keeping customer’s requirement. They also provide various dealers addresses and

contact numbers for reference.

Free checkups

Page 29: comparative study of maruti and hyundai

Hyundai arranges free checkups from time to time in which they check for any

problem and advice to visit the nearest service center for servicing. This helps in

maintaining good relationship with customers and tries to keep good image in

market.

Exchange offers

As Hyundai deals in second hand cars also. They offer exchange offers to

customers. And by paying adjusted amount customer can get brand new car in

exchange of old once. Exchange offer makes customer happy as they don’t have

to pay full amount also, they get new car also and their old car gets replaced also

with new one.

Cold callings

In this type of strategies old customers are given a relationship call just to know

some other references. This gives a boost to sales and customers also feel a sense

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of involvement. Hyundai gets maximum sale through such type of cold callings

only.

Events at Corporate Office and Banks

Hyundai tries to attract customers by conducting camps, events at corporate

offices and bank as most of the customers are of middle-age group and corporate

offices are good source for company to attract such customers.

Display

Hyundai keeps attractive display so that maximum number of people gets noticed.

And they even keep their own accessories related to cars at special accessories

counter. For attractive display they decorate their showroom as well as all the cars

which are displayed.

Customer’s survey

Page 31: comparative study of maruti and hyundai

UsersBelow graph shows us that 63.75 % are Maruti users i.e 51 users out of 80 where

as remaining 29 users i.e 36.25% are Hyundai customers .

Maruti Hyundai

0

10

20

30

40

50

60

7063.75

36.25

Users

Company

Per

cen

tag

e u

sers

Most preferred cars

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After the survey it was found that Santro from Hyundai and Swift from Maruti

from the various range available are the most preferred cars amongst the

customers. Also Zen is more in demand.

Santro i10 Getz i20 Alto Swift Ritz Zen Others0

2

4

6

8

10

12

14

16

13

7 6

3

9

16

5

13

8

Car Users

Cars

No

. of

us

ers

Loyal towards brand

Page 33: comparative study of maruti and hyundai

It is found that customers stay loyal to Maruti and Hyundai rather than other

brand. They have faith in this brands due to their goodwill, good service,

complete package and reasonable prices

Brand Quality Price Range of Cars Complete Package

0

5

10

15

20

25

30

35

40

26.25

13.75 15

8.75

36.25

Reasons for Using Maruti & Hyundai Car

Criterias

Per

cen

tag

e

Rating to car performance

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It was found that most of the customers were satisfied with the performance of the

cars whereas very few found it as not up to their mark.

Excellent Very Good Good Poor0

5

10

15

20

25

30

35

40

45

17.5

43.75

31.25

7.5

Customer's Rating to Car PerformanceP

erc

en

tag

e

fig.9

Customer’s expectation

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Below graph clearly states that 86 percent customer’s expectations were met

through these brands where as few were unsatisfied.

Yes No0

10

20

30

40

50

60

70

80

90

86

14

Expectations Met

Per

cen

tag

e

fig 10

Criteria’s in buyer’s mind while purchasing

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Looks Performance Comfort Milage All of Them

0

5

10

15

20

25

30

17.5

28.75

1511.25

27.5

Criterias in Buyers Mind

Criterias

Per

cen

tag

e

fig 11

It was found that while purchasing the car customer’s look for the complete car

of their choice which gives them good performance, looks, mileage and also it

should be reasonable in price.

Pricing

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Most customers found that prices of these cars are affordable for their pockets

whereas few customers found that price is little higher.

Yes No

0

10

20

30

40

50

60

70

80

77.5

22.5

Reasonable Pricing

Per

cen

tag

e

Preference of customers

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Maximum customers still prefer to buy petrol version cars rather than diesel or

LPG version. Even though LPG and diesel versions are economical in usage.

Petrol Diesel L.P.G

010203040506070

62.5

26.2511.25

Preference Of CustomersP

erc

en

tag

e

Strategies used to attract customers

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Most of the customers prefer to buy after seeing some one else’s experience. Thus

word of mouth publicity acts as the marketing strategy for company whereas

others are attracted to T.V ads, brand ambassadors, etc .

T.V Ads Launch Of Car Newspapers Word of Mouth Publicity

Others

0

5

10

15

20

25

30

35

40

45

50

21.25

6.2511.25

47.5

13.75

Strategies through which Customers Attracted

Pe

rce

nta

ge

Dealer’s Service

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About 37.5 percent customers were satisfied with service provided by the dealers.

Some were not satisfied as they faced problems like delay in delivering the

cars,etc

Exceelent Very Good Good Poor0

5

10

15

20

25

30

35

40

23.75

37.5

31.25

7.5

Dealers Service

Per

cen

tag

e

Expectations from dealers

When asked to customers about their expectations from dealers they replied that

they need delivery on time , good service, giving detailed information about he

car before purchasing, good after sales service, etc.

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Findings

It was found that dealers agree that Marketing Strategies helps to increase

sale of product.

Most of the customers are attracted through media publicity and mouth

publicity.

Swift from Maruti and i10, i20, and Santro from Hyundai are most

demanded cars by customers.

Customer prefers Petrol Version cars rather than Diesel or L.P.G. version.

Most of the Customers were found satisfied with cars performance.

Around 50-75% of customers purchase cars on installment basis.

From survey, it was found that around 64% were Maruti users.

Pricing of cars was found reasonable by most of the customers.

Customers were satisfied with dealer’s service.

Recommendations

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To Dealers

As dealers directly interact with customers, they should maintain proper

Customer Relationship Strategy.

They should differ service benefits and offerings according to the various

customers segments. Which may include classification on the basis of

o income group

o Age group

Dealers should help customers in taking right decision for buying car and

should give complete information about car before customer purchase car.

The customers purchasing car on installment basis, should also be

provided with additional accessories as there is in case of cash purchase.

Dealers should provide good after sales service and should maintain good

relations with customers so that reference can be get and goodwill is

created.

To Company

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Maruti should more frequently come with mid-size models like sx4 and

swift as this sedan model is doing very good in market.

Maruti and Hyundai should come up with diesel model of mid-size cars as

market survey says that the use of diesel cars will increase by 50% by

2010.

Hyundai should try to increase their number of dealers and service stations

so that customers can get better service.

Both companies should try to build trust in customers as competition is

increasing day by day.

Company should try to give some good schemes and offers and discounts

for old and new customers.

Maruti should try to expand its range of cars from small car and

hatchbacks to more mid-size cars like sx4 and swift mid size version.

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Conclusion

Maruti suzuki is good in its marketing strategy and shows good results. And as

Maruti has its vast network of dealers and service centers they are able to provide

good after sales services and are able to maintain good relationship with

customers which is their strongest point. Maruti is also benefited with its goodwill

and Brand name which is already there in market. So Maruti can use these as an

opportunity to bring new and innovative car models in market and try to attract

more and more customers. It can be seen that Maruti is trying to attract customers

from all segments by launching cars like sx4, Swift, Ritz but their main

preference is “A” segment cars only

Hyundai strategies of endorsing their products with celebrities has got a very good

response but Hyundai should advertise better to create a good picture of its

products by transferring the key good things about its cars. Hyundai has a good

tract record of having successful diesel mid size cars in its portfolio and it should

encash the same opportunity to launch the diesel versions of small car before

Maruti too have competitive advantage. And Hyundai should also try to increase

their service centers so that customers can find it convenient.

Page 45: comparative study of maruti and hyundai

Bibliography

Books

Marketing

Author- Dr.N.Rajan Nair

Sanjith R Nair

Publications- Sultan chand and Sons

Marketing Management

Author- Philip Kotler

Publications- Prentice Hall of India Pvt ltd.

Magazines Auto Drive

Indian Auto

Over Drive

Websites www.marutisuzuki.com

www.hyundai.com

www.google.com

www.autoindia.com

www.overdrive.com

ANNEXURE

Page 46: comparative study of maruti and hyundai

QUESTIONAIRRE

Q.1) Which companies car you are using now Maruti / Hyundai?

a) Maruti

b) Hyundai

Q.2) Which car you are using?

a) Santro

b) i10

c) Getz

d) i20

e) Alto

f) Swift

g) Ritz

h) Zen

I) other

Q.3) Why you choose Maruti/ Hyundai car, and not others company car?

a) Brand

b) Quality

c) Price

d) Range of cars

e) Complete package

Q.4) How did you find the car’s performance?

Page 47: comparative study of maruti and hyundai

a) Excellent

b) Good

c) Average

d) Poor

Q.5) Has it met your expectations?

a) yes

b) No.

Q.6) What was the main criteria in your mind while purchasing car?

a) looks

b) performance

c) comfort

d) milage

e) all of them

Q.7) If you have used Maruti/ Hyundai car before also, what reasons has forced

you to buy Maruti/ Hyundai again?

a) Brand

b) Quality

c) Price

d) Range of cars

e) all of them

Page 48: comparative study of maruti and hyundai

Q.8) Do you think prices are reasonable?

a) Yes

b) No

Q.9) Which version would you like to purchase?

a) Petrol,

b) Diesel

c) L.P.G

Q.10) Which Marketing strategy have attracted you to buy car?

a) T.V ads,

b) Launch of car,

c) Newspapers,

d) Word of Mouth publicity.

e) Other

Q.11) How did you find dealers services while buying car?

a) Excellent

b) Good

c) Average

d) Poor

Q.12) Do dealers offer any extra benefits other than company offers?

Q.13) What are your expectations from dealers side?

a) On time delivery

b) Good Service

c) Giving detailed information about car before purchase

d) Solving complaints/ queries immediately

e) All of above

Page 49: comparative study of maruti and hyundai

Q. 14) Out of following which Hatchback car would you like to purchase?

a) Ritz

b) Getz

c) i20

d) Spark

e) Fabia

Q.15) Would you recommend your friends, relatives to buy Maruti/ Hyundai car?

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