mahendra patil

Upload: mallikarjun-nayak

Post on 01-Jun-2018

232 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/9/2019 Mahendra Patil

    1/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      C O N T E N T S

    Page

    EXECUTIVE SUMMARY2-4

    CHAPTER: - I Profile 5-23 

    Overview of the Mahindra Company.

    Profile of Mahindra Company.

    Profile of Basava motors.

    CHAPTER :-  II  Teore!i"al Fra#e$or% 24-36

    dvertisin! strate!ies.

    "ales promotion tools.

    "ales trends.

    Models of the Mahindra tra#tors.

      CHAPTER : - III  Da!a a&al'(i( 3$-53

    %ata interpretation & analysis.

      CHAPTER : -  IV  Fi&)i&g(*

    S+gge(!io&( , "o&"l+(io& 54-5$

    A&&e+re Bi'lio!raphy

    5(-63

      )*estionnaire

     

    ------------------------------------------------- 

    +

  • 8/9/2019 Mahendra Patil

    2/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    EXECUTIVE SUMMARY

    I&!ro)+"!io&: -

      s*##ess of the firm lar!ely depends *pon how effe#tively and it serves the

    e,istin! and prospe#tive #*stomers. Be#a*se it is only the sales whi#h 'rin! reven*e to the firm the

    mana!ement of the firm #an 'e effi#ient when there will 'e proper plannin! and #ontrol the present

    and f*t*re a#tions of the firm.

      n the present #ompetitive s#enario it is very essential to predi#t the needs of

    the #*stomers in hand and see to it that no stone is left *nt*rned. C*stomer satisfa#tion is the main

    thin!s whi#h #ontri'*te to e,pansion and pro!ress in any '*siness. "t*dy of #*stomer/s attit*de

    towards the prod*#t in hand is also one of the main thin!s whi#h #ontri'*te to the de#ision whether

    the path sele#ted to pro!ress and #reate healthy '*siness relationship.

    Nee) for !e S!+)':-

    0his st*dy is an attempt to re#o!ni1e whi#h type of maretin! strate!ies

    adopted 'y the #ompany. ow they 'ro*!ht their prod*#t into the maret. nd how they in#reased

    their #ost*mer attit*des #*stomer preferen#e sales & 'rand awareness in their re!ion

    O./e"!i0e( of !e (!+)':-

    + 0o now the maretin! strate!ies of Mahindra tra#tors adopted 'y the #orporation aro*nd the

    "indhan*r.2 0o nown the awareness of 'rand aro*nd the "indhan*r.3 0o nown the #*stomer response towards the ohn %eere tra#tors.4 0o nown the pro'lems fa#ed 'y the #*stomer.

    2

  • 8/9/2019 Mahendra Patil

    3/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Re(ear" #e!o)olog':-

    0he data and information needed for the st*dy has 'een #olle#ted from 'oth

     primary and se#ondary so*r#es. 0he primary so*r#es *sed for #olle#tion of information are

    *estionnaire personal interviews with the #*stomer of the Mahindra tra#tors and offi#ial interviews

    in the #orporation. n addition to this the information is also #olle#ted from se#ondary so*r#e thro*!h

    the net.

     Re(ear" )e(ig&:-

      n the st*dy on attempt is made to eval*ate the prefa#e of the #ompany/s

    approa#h the sales persons a'o*t their maretin! strate!ies lie advertisement sales

     promotion tools et#. these are main! to #reate a awareness of 'rand in their re!ion of sales.

    I1 Da!a "olle"!io&:-

    7or this st*dy the primary and the se#ondary data were #olle#ted from

    #ond*#tin! s*rvey on that re!ion. 0he followin! shows how #olle#ted the primary as well

    as se#ondary data.

    A1 Pri#ar' )a!a:-

    0he primary data was o'tained thro*!h maret s*rvey 'y personal

    interview and *estionnaire method at "indhan*r re!ion.

    B. Se"o&)ar' )a!a:-

    0he se#ondary data is #olle#ted from the #ompany as well as thro*!h

    some we'sites 8www.mahindra.#om

    3

    http://www.mahindra.com/http://www.mahindra.com/

  • 8/9/2019 Mahendra Patil

    4/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Fi&)i&g( of !e (!+)':-

    ##ordin! to s*rvey it was #lear that the availa'ility of spare parts was very easy.

    O*t of 59 respondents it #an 'e seen that 36 i.e. +( respondents/ p*r#hases tra#tors 'y wall

     paintin! and 4 .amon! 54 of the respondents were p*r#hased from others. 0he 92 & 93

    respondents 'y 0.;. dds and ma!a1ines.

    O*t of respondents we find that 54 whi#h of 2$ respondents are in a in#ome !ro*p of

  • 8/9/2019 Mahendra Patil

    5/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    4. Preferen#es & response of the #*stomers wo*ld #han!e over a period of time.

    Ca3!er-I

    Co#3a&' 3rofile

    Overview of the Mahindra Company.

    Profile of the Mahindra Company.

    Profile of Basava motors.

    5

  • 8/9/2019 Mahendra Patil

    6/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Co#3a&' 3rofile

    . HISTORY OF THE COMPANY:-

      Mahindra and Mahindra @imited is the fla!ship #ompany of the

    Mahindra !ro*p whi#h has 'een a si!nifi#ant presen#e in ey se#tors of the ndian e#onomy.

    #onsistently hi!h performan#e M&M has 'een raned amon! the top private se#tor #ompanies in

    the #o*ntry for several years.

      Mahindra 'rothers 8

  • 8/9/2019 Mahendra Patil

    7/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      ll other a#tivities sp*n off into separate entities and or!ani1ed *nder 

     '*siness !ro*ps ea#h headed 'y a president. 0hese !ro*ps are in the areas of hospita'ility trade and

    finan#ial servi#es a*tomati# #omponents information te#hnolo!y tele#om and infrastr*#t*redevelopment.

      0hey have diversified into finan#ial servi#eE Aota Mahindra was the

    #olla'oration with Aota. t was started 5 years 'a# & another 'y name MM7"@ 8Mahindra

    &Mahindra 7inan#ial "ervi#es @td. were formed in order to serve p*'li# to p*r#hase fo*r wheelers

    thro*!h installments and finan#ial s#hemes.

    To)a' M,M a( !$o #ai& o3era!i&g )i0i(io&(:-

      0he a*tomotive division man*fa#t*res *tility and li!ht #ommer#ial vehi#les.

    0he farm e*ipment division maes a!ri#*lt*ral tra#tors and other farm e*ipments.

      M&M employees more than 25999 peoples and has 6 states of an art

    man*fa#t*rin! fa#ilities spread over 599999 s. meters it has over 39 sales offi#es s*pported 'y a

    networ of over 599 dealers 599 a*thori1ed servi#e points and 699 sto# points a#ross the #o*ntry

    this networ is #onne#ted to #ompany/s plants 'y an e,tensive 0 infrastr*#t*re.

      M&M o*tstandin! man*fa#t*rin! and en!ineerin! sills allow it to #onstantly

    innovate and new prod*#ts for the ndian maret. Proof of this e,pertise is the la*n#h of Bolero a

    new !eneration *tility vehi#le and tile r?*n a sophisti#ated a!ri#*lt*ral tra#tor.

      0he #ompany/s #ommitment to te#hnolo!y-driven innovation is refle#ted in

    the settin! *p of the Mahindra resear#h valley a +99 a#re fa#ility that will ho*se less than one roof

    the #ompany/s en!ineerin! resear#h and prod*#t development win!s.

      0he M&M philosophy of !rowth is #entered on a 'elief in people.  s a

    res*lt the #ompany has p*t in pla#e initiatives that see to reward and retain the 'est talent in the

    ind*stry. M&M are also nown for its pro!ressive la'o*r mana!ement pra#ti#es.

      n the #omm*nity development sphere the #ompany has implemented

    several pro!rams that have 'enefited the people and instit*tions will its areas of meas*rements.

    $

  • 8/9/2019 Mahendra Patil

    8/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     

    O0er0ie$ of !e Mai&)ra "o#3a&':-

      0he G" H6.$ 'illion Mahindra Iro*p is amon! the top +9

    ind*strial ho*ses in ndia. Mahindra is the maret leader in m*lti-*tility vehi#les in ndia t made a

    milestone entry into the passen!er #ar se!ment with the @o!an. Mahindra & Mahindra is the only

    ndian #ompany amon! the top tra#tor 'rands in the world.

      0he Iro*p has a leadin! presen#e in ey se#tors of the ndian

    e#onomy in#l*din! the finan#ial servi#es trade retail and lo!isti#s a*tomotive #omponents after-maret information te#hnolo!y and infrastr*#t*re development. Mahindra has re#ently made an

    entry in the two-wheeler se!ment whi#h will see the #ompany emer!e as a f*ll-ran!e player with a

     presen#e in almost every se!ment of the a*tomo'ile ind*stry.

      MahindraJs 7arm K*ipment "e#tor is the pro*d re#ipient of the apan )*ality

    Medal the only tra#tor #ompany worldwide to 'e 'estowed this honor. t also holds the distin#tion of 

     'ein! the only tra#tor #ompany worldwide to win the %emin! Pri1e. 0he G" 'ased

  • 8/9/2019 Mahendra Patil

    9/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     

    Ra&%( , ra!i&g( of Mai&)ra "o#3a&':-

    4556

    • *to "e#tor was the pro*d re#ipient of the presti!io*s ational ward for

  • 8/9/2019 Mahendra Patil

    10/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    • M&M/s *to "e#tor awarded the 2nd pri1e for K,#ellen#e in "*pply Chain Mana!ement

    or!ani1ed 'y ".P. ain nstit*te of Mana!ement &

  • 8/9/2019 Mahendra Patil

    11/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    other a*tomaers s*#h as 0ata/s thans to a new vent*re with issan and

  • 8/9/2019 Mahendra Patil

    12/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      e is Past President 2993-94 of the Confederation of ndian

    nd*stry and has also 'een President of the *tomotive

  • 8/9/2019 Mahendra Patil

    13/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     

  • 8/9/2019 Mahendra Patil

    14/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    A&a&) G1 Mai&)ra

    Vi"e Cair#a& , Ma&agi&g Dire"!or

    A1K1 Na&)a

    Ee"+!i0e Dire"!or

    Mr1 A&/a&i%+#ar Co+)ari

    Pre(i)e&! - Far# E?+i3#e&! Se"!or a&) Me#.er of !e Gro+3

    Ma&age#e&!

  • 8/9/2019 Mahendra Patil

    15/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Ra/ee0 D+.e'

    Pre(i)e&! =HR* Af!er-Mar%e! , Cor3ora!e Ser0i"e(>

  • 8/9/2019 Mahendra Patil

    16/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

  • 8/9/2019 Mahendra Patil

    17/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    De3ar!#e&!(   : "ales "e#tion "ervi#e "e#tion & "pare Parts"e#tion

    Offi"e (!aff :

    Sale( Se"!io&  : Mr1 Sa#.a Si0a Rao 8##o*ntant.

      Mr1 A#.re( 8"ales Mana!er

    Mr1 A&a&) , Mr(1 Par0a!i 8M"" Co-ordinate &

    Comp*ter Operator

      Mi((1 Pra0alli%a 8"ales C

  • 8/9/2019 Mahendra Patil

    18/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     

    S!re&g! of !e So$roo#:

    • K,perien#ed salesman/s with maret nowled!e

    • =ell f*rnished offi#e with different departments

    • @ar!e spare se#tion with different all type of Mahindra spare parts

    • )*ality servi#e for #*stomer satisfa#tion

    • )*alified employees and silled te#hni#ians

    • 0hey were a*thori1ed to sell #lass parts

    • "eparate worshop with silled worers with several e*ipments and different types

    lathes

    +(

  • 8/9/2019 Mahendra Patil

    19/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    O r g a n i s a t io n S t r u c t u r e o f M / s S h r i B a s a v a M o t o r s

    C a s h i e r T y p i s t

    S a l e s

    C a s h i e r T y p i s t

    S e r v i c e

    F i n a n c e M a n a g e r

    S a l e s M a n T e l e M a r k e t e r O t h e r W o r k e r

    S a l e s M a n a g e r

    F L A C R O

    e l p e r W a t e r S e r v i c e

    M e c h a n i c s

    e l p e r

    L a t h e O p e r a t o r

    S u p e r v i s o r ! n s t a l l e r

    S e r v ic e M a n a g e r

    M a n a g i n g " i r e c t o r # s

    +

  • 8/9/2019 Mahendra Patil

    20/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Fi&a&"ial I&(!i!+!io&( Pro0i)i&g Cre)i! Fa"ili!' i& P+r"a(i&g  Mai&)ra

    Tra"!or(:

    • "tate Ban of ndia8"B

    • Mahindra 7inan#e @td.

    • "tate Ban of ydera'ad8%B

    • ndian Ban 

    • Pra!athi Iramina Ban8PIB

    • "yndi#ate Ban 

    • @ & 0 finan#e

    • Other Bans

    29

  • 8/9/2019 Mahendra Patil

    21/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      Deali&g Pro"e)+re of M( Sri

  • 8/9/2019 Mahendra Patil

    22/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      0o in#rease the sales Mana!in! %ire#tor 8M% has appointed separate sales for#e

    to meet the #hallen!e of #ompetition. 0his for#e has spread all over the area of sindhan*r whi#h

    mae dire#t

    Conta#t with the #*stomer whi#h res*lted the !reater sales of Mahindra tra#tor.

    SA2ES TRENDS

      PERIOD UANTITY

    =IN TRACTORS>

    2996-299$ 83-MO0" 39

    299$-299( 3+5

    299(-29++ 2(9

    0O0@ 625

    22

  • 8/9/2019 Mahendra Patil

    23/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    QUANTITY 0

    50

    100

    150

    200

    250

    300350

    30

    315

    280

    2006-2007 2007-2008 2008-2009

     

    Ca3!er-II23

  • 8/9/2019 Mahendra Patil

    24/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Mar%e!i&g (!ra!egie( of Mai&)ra !ra"!or(

      A)0er!i(i&g (!ra!egie(1

      Sale( 3ro#o!io& !ool(1

      Sale( !re&)(1

    Mar%e!i&g (!ra!eg'* Sale( Pro#o!io& , Selli&g Pro"e(( "arrie) o+! .' M(

  • 8/9/2019 Mahendra Patil

    25/64

  • 8/9/2019 Mahendra Patil

    26/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    ♦ "howroom demonstration.

    ♦ 0est drive.

    ♦ ;ehi#le delivery.

    Mai&)ra Tra"!or Mo)el(:-

    7arm K*ipment "e#tor prod*#es the widest ran!e of tra#tors and

    tra#tor implements to s*it the varied needs of farmers/ world over. %ifferent tra#tor models

    #over diversified maret se!ments from 25 P to 69 P tra#tors. Mahindra is re#o!ni1ed as a

     powerf*l sym'ol of prod*#tivity and *nparalleled performan#e. t is the maret leader and at the

    help of the ndian 0ra#tors nd*stry.

    Mai&)ra Sar3a&" 498 DI

    26

  • 8/9/2019 Mahendra Patil

    27/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    E&gi&e S3e"ifi"a!io&(:

    Mae and Model : Mahindra M%-+$(5

    orse Power : 39P Cate!ory

    Bore and "troe : ((. , 6mm

     o. of Cylinders : 3

    C*'i# Capa#ity : +$((##

  • 8/9/2019 Mahendra Patil

    28/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    E&gi&e (3e"ifi"a!io&(:

    Mae and Model : Mahindra MC K +$35

    orse Power : 25 .P. Cate!ories

    Bore and "troe : +2$ , +3$mm

     o. of Cylinders : +

    C*'i# Capa#ity : +$35##

  • 8/9/2019 Mahendra Patil

    29/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    E&gi&e S3e"ifi"a!io&(:-

    Mae and Model : Mahindra M +$$

    orse Power : 26 .P. Cate!ories

    Bore and "troe : +92 , ++9mm

     o. of Cylinders : 2

    C*'i# Cate!ory : +$$##

  • 8/9/2019 Mahendra Patil

    30/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Mai&)ra Sar3a&" 88 DI

    E&gi&e S3e"ifi"a!io&(:-

    Mae and Model : Mahindra M%-3999 B

    orse Power : 59 .P. Cate!ories

    Bore and "troe : ((. , +9+.6mm o. of Cylinders : 4

    C*'i# Capa#ity : 2523##

  • 8/9/2019 Mahendra Patil

    31/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    O!er Mo)el(:

    1 Mai&)ra -Ar/+& 778DI

    41 Mai&)ra-Sar3a&" 78DI

    3+

  • 8/9/2019 Mahendra Patil

    32/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    61 Mai&)ra -Sar3a&" 48DI TU

    71 Mai&)ra -

  • 8/9/2019 Mahendra Patil

    33/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     

    8 Mai&)ra -

  • 8/9/2019 Mahendra Patil

    34/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Mai&)ra -Sar3a&" 88DI =(+3er !+r.o>

    1 Mai&)ra-Ar/+& 958DI

    34

  • 8/9/2019 Mahendra Patil

    35/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    1 Mai&)ra-

  • 8/9/2019 Mahendra Patil

    36/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    36

  • 8/9/2019 Mahendra Patil

    37/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      Ca3!er-III

      C+(!o#er a!!i!+)e , Da!a a&al'(i(

    E0al+a!io& of !e S!+)':-

      detailed analysis of the st*dy is ne#essary and is to 'e #onsidered in

    order to #ompare the a#t*al theory with that pra#ti#al the variants of whi#h may form the 'asis for 

    improvements. Aeepin! this point in view and to f*lfill the Kval*ation variants of whi#h may form

    the 'asis for o'?e#tives of the st*dies an attempt has 'een made to se!ment the vario*s respondents

    on the 'asis of some aspe#ts #olle#ted from them thro*!h *estionnaire. 0here are depi#ted thro*!h

    ta'les and !raphs.

    3$

  • 8/9/2019 Mahendra Patil

    38/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      0he #opy of *estionnaire administered is en#losed and the sample si1e

    was 59 respondents are en#losed at the end of this pro?e#t. ll the #al#*lations and n*meri#al

    interpretations are for +99.

    Da!a A&al'(i( a&) I&!er3re!a!io&:

    Ta.le- A$are&e(( le0el i& "o#3re((io& of o!er(

  • 8/9/2019 Mahendra Patil

    39/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     

    No. of respop

    Per#enta!e

    69 96 +9 94 94 +6 +99

    I&!er3re!a!io&:

    So+r"e: - 7ield s*rvey data

      0he a'ove ta'le shows that amon! 59 respondents 69 of them are

    in the !ro*p of Mahindra 96 of them are in !ro*p of 0afe +9 are in the !ro*p of "wara? 94 of 

    them are in the !ro*p of Ki#her 94 of them Ks#ort and @&0 is +6. 0herefore we #ome to now

    that most of people are aware of Mahindra tra#tors.

    Ta.le-4  Profe((io& of Re(3o&)e&!(:

    Parti#*lars o. of

  • 8/9/2019 Mahendra Patil

    40/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     Agriculture Business Others

    )

    *

    +)

    +*

    ,)

    ,*

    -)

    Graphical representation of the above table

    Professions

    I&!er3re!a!io&:

    So+r"e:- 7ield s*rvey data

    0he field s*rvey #learly in di#tatres that the profession of the #*stomer lies an important role

    on the p*r#hase of tra#tors. 0he a'ove ta'le shows that o*t of 59 respondents 52 are from as

    a!ri#l*lt*re +6 are from '*siness p*rpose and 32 respondents are from other p*rpose. s from

    ta'le many respondent p*r#hased this tra#tors for their related p*rpose.

    Ta.le-6 Re(3o&)e&!( I&"o#e(

    n#omes o. of respondents Per#enta!e

    Below 49999 9( +6

    4+999-$9999 96 +2$+999-+99999 2$ 54

    +9+999 and a'ove 9 +(

    49

  • 8/9/2019 Mahendra Patil

    41/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     

    1

    1

    2

    2

    3

    R

    No. of respondents

    0otal

    59 +99

    I&!er3re!a!io&:

    So+r"e: - 7ield s*rvey data

    0he st*dy #learly states that the in#ome is also an important parameter in p*r#hasin! the

    tra#tors. t was noti#ed that amon! 2$ respondents 54 are in the in#ome !ro*p of r*pees $+999 to

    +99999 +2 are in 'elow

  • 8/9/2019 Mahendra Patil

    42/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    r!p"#c!$ rep

    0otal

    59 +99

    I&!er3re!a!io&:

    So+r"e:-7ield s*rvey data

    t was fo*nd that amon! 59 respondents 69 of them were in !ro*p of #ompany showroom

    ( of them ea#h were in !ro*p of #ollea!*es & advertisement rest of them were friends self and

    relatives. Most of the people are '*yin! the tra#tors in the showroom.

    Ta.le-8  Mo)e of 3+r"a(e

    Parti#*lars o. of respondents Per#enta!e

    Cash +5 39

    Credit 35 $9

    0otal 59 +99

    42

  • 8/9/2019 Mahendra Patil

    43/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    + ,

    )

    *

    +)

    +*

    ,)

    ,*

    -)

    -*

    Graphical representation of the above table

    Mode of purchase

    No. of respondents

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      t was fo*nd that amon! 59 respondents $9 of them were in the !ro*p

    of #redit. ll most of all #*stomers are '*yin! the tra#tors on the 'asis. nd 39 of them were in the

    !ro*p of #ash.

    Ta.le-9 So+r"e of "re)i! 3+r"a(e

    Parti#*lars o. of respondents Per#enta!eMahindra finan#e + 3(

    "B 9 +(

    "B 94 9(

    0IB 95 +9

    Others +3 26

    43

  • 8/9/2019 Mahendra Patil

    44/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    9

    r!p"#c!$ rep

    Mahindra fnance

    0otal

    59 +99

    I&!er3re!a!io&:

    So+r"e: - 7ield s*rvey data

      t is #lear that amon! 59 respondents 3( of them are in the !ro*p of 

    Mahindra finan#e +( of them are in the !ro*p of "B 9( of them are !ro*p of "B +9 if 

    them are in the !ro*p of 0IB and 26 of them are others.

    Ta.le- Sa!i(fa"!io& $i! !e fi&a&"ier

    Parti#*lars o. of respondents Per#enta!e

    7*lly satisfied 2( 56

    Partially satisfied +3 26

    %issatisfied 9 +(

    44

  • 8/9/2019 Mahendra Patil

    45/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

     )

    *

    +)

    +*

    ,)

    ,*

    -)

    Grap

    No. of respondents

    0otal

    59 +99

    I&!er3re!a!io&:

    So+r"e: - 7ield s*rvey data

      0he a'ove ta'le e,plain that amon! 59 respondents 56 of them are in

    the !ro*p of f*lly satisfied 26 of them are in the !ro*p of satisfied and +( of them are in the

    !ro*p of dissatisfied. i!hest per#enta!e of #ons*mer is satisfied with the finan#iers providin! the

    #ompany.

    Ta.le- 

    So+r"e( of A$are&e((

    Parti#*lars o. of respondents Per#enta!e

    0.;.dds 92 94

    =all paintin! +( 36

    Ma!a1ines 93 96

    Others 2$ 54

    0otal 59 +99

    45

  • 8/9/2019 Mahendra Patil

    46/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    T.V.Adds ; 4

    wall paintin!; "#

    Ma!a$ines; #

    %thers; &4

    Sources of awareness

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      0he field s*rvey #learly shows that amon! 59 respondents 54 of them

    are in the !ro*p of others 36 of them are in !ro*p of wall paintin! 96 of them are in the !ro*p

    of ma!a1ines 94 of them are in the !ro*p of 0.;.dds.

    Ta.le-  Vei"le Perfor#a&"e

    Parti#*lars o. of respondents Per#enta!e

    K,#ellent 26 52Iood 9( +6

    vera!e +2 24

    Poor 94 9(

    0otal 59 +99

    46

  • 8/9/2019 Mahendra Patil

    47/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    '/cellent 0oo$ Average .oor  

    )

    *

    +)

    +*

    ,)

    ,*

    -)

    Vehicle Perfor'ance

    Perfor'ance

    No. of respondents

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      t was noti#ed that amon! 59 respondents 52 of them are in the

    !ro*p of e,#ellent and +6 of them are in the !ro*p of !ood 24 of them are in the !ro*p of 

    avera!e and ( of them are in the !ro*p poor. Most of the #ons*mers are satisfied with the vehi#le

     performan#e.

    Ta.le-5  P+r"a(e of 3re(e&! 0ei"le

    Parti#*lars o. of respondents Per#enta!eCompany showroom 3( $6

    7riends 9( +6

  • 8/9/2019 Mahendra Patil

    48/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    (o'pan) showroo'

    *riends

    +elatives%thers

    Purchase of present vehicle

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      7rom the field s*rvey it was e,plained that amon! 59 respondents $6

    of them are in the !ro*p of showroom +6 of them are in the !ro*p of friends and rest of the

    mem'ers are in the !ro*p of relatives and others. Most of the #ons*mers are p*r#hased the present

    vehi#le in the showroom.

    Ta.le- Te life of !e !ra"!or(

    Parti#*lars Below

    + year 

    "in#e +

    year 

    "in#e 2

    year 

    'ove 2

    years

    0otal

     o. of 

    respondents

    +5 +( 9$ +9 59

    Per#enta!e 39 36 +4 29 +99

    4(

  • 8/9/2019 Mahendra Patil

    49/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Belo% + year Since + year Since , year A1ove , year 

    )

    ,

    2

    3

    4

    +)

    +,

    +2

    +3

    +4

    ,)

    The life of the tractors

    ,ife

    No. of respondents

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      0he a'ove ta'le shows that 59 respondents 36 of them are in the!ro*p of 'elow + year 29 of them are in the !ro*p of a'ove 2 year and +4 of them are in the

    !ro*p of sin#e 2 year. Most of the #ons*mers are *sin! the vehi#le sin#e + year.

    Ta.le-4 af!er (ale( a&) (er0i"e

    Parti#*lars o. of respondents Per#enta!eK,#ellent 39 69

    Iood 9( +6

    vera!e 96 +2

    Poor 96 +2

    0otal 59 +99

    4

  • 8/9/2019 Mahendra Patil

    50/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    '/cellent0oo$Average.oor )

    *

    +)

    +*

    ,)

    ,*

    -)

    -*

    )5

    +)5

    ,)5

    -)5

    2)5

    *)5

    3)5

    6)5

    Graphical representation of the above table

    satisfaction after sales and services

    No. of respondents Percenta!e of respondents

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      t was noti#ed that 59 respondents 69 of them are in the !ro*p of 

    e,#ellent +6 are in the !ro*p of !ood +2 of them are in the !ro*p of avera!e and +2 of them

    in the !ro*p of poor. Most of the peoples are satisfied with the after sales and servi#es.

    Ta.le-6  S+gge(! !e 0ei"le !o o!er(

    Parti#*lars o. of respondents Per#enta!ees 36 $2

     o +4 2(

    0otal 59 +99

    59

  • 8/9/2019 Mahendra Patil

    51/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    +

    ,

    )

    *+)

    +*

    ,)

    ,*

    -)

    -*

    2)

     -esNo

    -3))5

    6,5

    +2))5

    ,45

    Su!!est the vehicle to others

    No. of respondents

    Su!!esation

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      t #an 'e seen that from the a'ove ta'le amon! 59 respondents $2of 

    them are in the !ro*p of K" and 2( of them are in the !ro*p of O d*e to this we #an tell the

    most of the #ons*mers will s*!!est others to '*y the Mahindra tra#tors.

    Ta.le-7 Sa!i(fa"!io& of !e "o&(+#er( $i! !e Mileage of Mai&)ra

    Tra"!or(

    Parti#*lars o. of respondents Per#enta!e

    ;ery satisfied +6 32

    "atisfied 3+ 62

    %issatisfied 93 96

    0otal 59 +99

    5+

  • 8/9/2019 Mahendra Patil

    52/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    7ery satisfie$ Satisfie$ "issatisfie$)

    *

    +)

    +*

    ,)

    ,*

    -)

    -*

    Satisfaction of the custo'ers with the 'ilea!e of the Mahindra tractors

    +an!e of 'ilea!e satisfaction

    No. of respondents

    I&!er3re!a!io&:

    So+r"e: - 7ield s*rvey data

      7rom the a'ove ta'le it is #lear that most of the #*stomers are

    satisfied with the f*el #ons*mption. B*t still the #ompany sho*ld str*!!le a lot to satisfy the

    #*stomer very m*#h in this re!ard.

    Ta.le-8  Re(3o&(e a&) .ea0ior of !e fir# (!aff $i! re(3e"! of 

      Sale( a&) (er0i"e(

    Parti#*lars o. of respondents Per#enta!e

    nformative ++ 22

    Co-operative 2+ 42

    Comm*ni#ation +2 24

    Convin#in! 96 +2

    52

  • 8/9/2019 Mahendra Patil

    53/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    )

    *

    +)

    +*

    ,)

    ,*

    +esponse and beha

    No. of respondents

    0otal

    59 +99

    I&!er3re!a!io&:

    So+r"e: 7ield s*rvey data

      7rom the a'ove ta'le it is #lear that they are #o-operative 42 as

    followed 'y #omm*ni#ations 24 information 22 and #onvin#in! as +2.

    53

  • 8/9/2019 Mahendra Patil

    54/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    Ca3!er-IV

    7indin!s s*!!estion & #on#l*sion

    Fi&)i&g( of !e (!+)':-

    0he followin! the derived from the data eval*ated and analy1ed 'y s*rvey:

    ##ordin! to the s*rvey it was fo*nd that Mahindra tra#tors have a 'rand loyalty than other

    tra#tors 'e#a*se of its advan#ed feat*res.

    54

  • 8/9/2019 Mahendra Patil

    55/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    mon! 59 respondents it was fo*nd that 52 whi#h is of 26 respondents was aware of

    Mahindra tra#tors and lie to p*r#hase Mahindra vehi#le only 'e#a*se of its !ood performan#e.

    O*t of 59 respondents it was fo*nd that 62 whi#h of 3+ respondents p*r#hase tra#tors for

    a!ri#*lt*ral p*rpose +4 respondents for '*siness and 24 respondents for other p*rpose

    therefore we #an say a!ri#*lt*re is the main reason for p*r#hasin! of tra#tors.

    ##ordin! to s*rvey it was #lear that the availa'ility of spare parts was very easy.

    O*t of 59 respondents it #an 'e seen that 36 i.e. +( respondents/ p*r#hases tra#tors 'y wall

     paintin! and 4 .amon! 54 of the respondents were p*r#hased from others. 0he 92 & 93

    respondents 'y 0.;. dds and ma!a1ines.

    O*t of respondents we find that 54 whi#h of 2$ respondents are in a in#ome !ro*p of

  • 8/9/2019 Mahendra Patil

    56/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    mon! 59 respondents +$ are f*lly satisfied with the dealer/s servi#es and are satisfied and

    respondents were not too m*#h satisfied.

    Cost in#*rred in maintenan#e of M&M tra#tors is reasona'le and easily afforda'le.

    Compared to the other 'rand of tra#tors availa'le in ndian maret st*dy reveals. 0hat M&M

    tra#tors have a lon!er life.

    M&M tra#tors are more e#onomi#al in the matter of f*el #ons*mption.

    %ealer/s maretin! strate!ies and sales promotion is !ood.

    56

  • 8/9/2019 Mahendra Patil

    57/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    S+gge(!io&(:-

    %*rin! the s*rvey the re!*lar #*stomers of Mahindra tra#tors #ome o*t with or!ani1in!

    information and s*!!estions some of them are listed 'elow:

    • M&M Company needs additional sales promotional a#tivities lie or!ani1in! e,hi'itions

    fairs iss*in! #atalo!*es and 'roa#hes display and demonstration #ontests et#.

    • Company sho*ld !ive advertisement in ma!a1ines and news papers to mae them aware

    and to attra#t #*stomers

    • %ealer sho*ld attra#t #*stomers 'y !ivin! spe#ial red*#tion in pri#es at the time of 

    festivals

    • Mahindra tra#tors are restri#ted only to red #olor #ompany need to #han!e espe#ially

    metalli# #olor.

    • %ealer>sales mana!er re*ires #ond*#tin! meetin!s #onventions and #onferen#es and

    trainin! their sales for#e 'y providin! sales tar!et 'on*s and other in#entives.

    • %ealer sho*ld personally tae #are of #*stomers share of in small n*m'er of #*stomers

    are not satisfied 'y the response !iven 'y the servi#e personnel at the time !eneral #he# 

    *p.

    5$

  • 8/9/2019 Mahendra Patil

    58/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    • smaller seat sho*ld 'e provided for 'etter drivin! #omfort and red*#tion of strain and

    safety seat 'elt.

    • n#rease in p*llin! power sho*ld 'e ind*#ed to ens*re !reater worin! effi#ien#y.

    • "ales servi#e and after sales servi#e sho*ld in#rease to the e,#ellent level whi#h will add

    to the #ompany/s 'rand ima!e.

    ANNEXURE

    • Bi'lio!raphy

    • )*estionnaire

    5(

  • 8/9/2019 Mahendra Patil

    59/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

  • 8/9/2019 Mahendra Patil

    60/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    +e(!io&&aire

    %ear "ir > Madam

    wo*ld 'e thanf*l if yo* #an spend a #o*ple of min*tes to fill this *estionnaire the information is

    for a#ademi# p*rpose and will 'e ept #onfidential.

    +. ame :

    2. !e :

    3. Kd*#ational "tat*s :

    4. ddress :

    5. O##*pation : a 7armer S T ' Other S T

    6. nn*al n#ome : a Below 49999 S T

      ' 4+999-(9999 S T

      # (+999-++9999 S T

      d +++999 and a'ove S T

    $. s this yo*r first tra#torU

      a es S T ' o S T

    (. =hi#h mode yo* want to '*y:

      a Cash S T ' Ban @oan S T

    69

  • 8/9/2019 Mahendra Patil

    61/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      # Credit S T d 7inan#e S T

    =hat fa#tor infl*en#ed yo* to '*y this tra#torUa 7riend S T ' dvertisin! S T

    #

  • 8/9/2019 Mahendra Patil

    62/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

      a es S T ' o S T

    +$. re yo* satisfied with the after sales and servi#esU  a K,#ellent S T ' Iood S T

      # vera!e S T d PoorS T

    +(. re yo* aware of different tra#tor 'randsU

      a Ks#ort S T ' 0afe S T

      # "wara? S T d Ki#her S T

    +. "o*r#es of awareness:

      a ews Papers S T ' Ma!a1ines S T

      # 0; dds S T d Others S T

    29. ;ehi#le performan#e:

      a K,#ellent S T ' Iood S T

      # vera!e S T d Poor S T

    2+. 'o*t pri#in!:

      a ;ery hi!h S T ' i!h S T

      #

  • 8/9/2019 Mahendra Patil

    63/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS

    25.

  • 8/9/2019 Mahendra Patil

    64/64

    MARKETING STRATEGIES OF MAHINDRA

    CTORS