new tata motors
TRANSCRIPT
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MARKET ANALYSIS OFCONSUMER RESPONSETOWARDS TATA MOTORS
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COMPANY PROFILE
Tata motors were established on September 1st 1945,originally for the manufacture of Steam Locomotives atJamshedpur.
In 1969 Tata motors had become an independentproducer of Medium Commercial Vehicles. It had alsodeveloped the capability of designing, testing andmanufacturing such vehicles.
Consolidated Revenue of 20 billion USD(09-10).
24,000 workers.
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It is the country's leading commercial vehicle
manufacturer and has significant presence in the multi
utility and passenger car segments.
With the Launch of Tata Indica, an Euro 2 compliantvehicle, is the country’s first indigenously designed,
developed and manufactured passenger car.
First commercial rolled out in 1954 with Daimler-
Benz.Dual listed company at BSE And NYSE.
2010 “India's Most Valuable Brand”.
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With the launch of Tata nano, Tata has penetrated the
market to its extreme by making a car available for Rs.
132000 only. This is the cheapest car in India till date
and with the announcement of its diesel variant it has
made potential buyers to eagerly wait for it.
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Marketing Strategies Followed By TATA MOTORS
1.PRODUCT
Branding, and AdvertisingAdvertising is one of the most common ways to make car
buyer or car enthusiast aware of the new car with specialpromotion price. Another more important way of advertising isto create an image or brand image. Over the years Tata Motorshave been successful in creating their brand image.
Other important marketing strategies are such as the packaging,
innovations, and quality control. Tata Motors provide manyinnovative features to attract car lover. One of theseinnovations is the Tata Safari 4X4 Dicor that has “ReverseGuide System”. A weather -proof camera is fixed to the rear carto help the driver while reversing the car.
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2. Pricing StrategyThere are various factors to determine a price of a car. Thesefactors are such as market condition (it can’t be too low or toohigh with the prices of same vehicle from competitors, it has tobe at par), cost incurred to build a car, profit by company, dealer
profit.Giving discount every month and special promotion for certaintype of vehicle also one of the strong strategy use by Tata Motors.Discount can be made from Company’s profit or from dealer’sprofit at certain range.
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3. Place
Place of dealership does play an important role. Thechannel of distribution, physical location, anddealership method of distribution and sales is
generally adopted. The distribution of vehicle must be in a very systematic way, from the plant todealership and to end user. This is not only in Indiaitself but also to the world-wide dealership.
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S.W.O.T MATRIX
Internal Analysis
Strengths Weaknesses
External Analysis
Opportunities Threaths
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SWOT Matrix
Strengths► Brand Image
► Dealers and service network
► Large shareholders base for capitalneeds
► Own steel plants
Weaknesses► Lack of competence
► few models lined up
► Not a strong player in luxurysegment
Opportunities► largest aspiring middle class
► prospective buyers from 2-wheelersegment
Threats► strong competition
► safety and realibility
► aggressive policies by maruti
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PLAYERS IN THE COMPACT SEGMENT
Maruti Udyog Ltd - Zen estilo, WagonR, A Star.
Hundai motors India Ltd - Santro, i10Fiat India Automobiles Pvt Ltd –
Punto.
General Motors – Sparks, Beat.
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RESEARCH
Research Methodology:The data for the project was collected from malls, customers atshowrooms, markets and from public in Delhi.
Sample Size:
Sample size of 50 was taken based on “ convenient Simple RandomSampling”.
Research Tools :
The data was collected through “Survey Questionnaire Method”.
Data Collection: Data was collected through the following-
a) Primary sources: Questionnaire from General public
b) Secondary Sources: Magazines, newspapers, Internet.
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Questionnaire
Questionnaire is a source of Primary Data.
It is a simple way to collect data from general public
A multiple choice questions were given to the respondentsand they were asked to fill their opinion.
The data was then analyzed and inferences were drawn onthat basis.
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DATA ANALYSIS
Data analysis is the most important part of any questionnaire.
The data was analyzed according to the answers filed
in by respondents.The data was put in charts to get a clear comparison of
services and satisfaction provided by variousoperators.
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FINDINGS
Q1) What do you own?
a) car b) Two Wheeler c) Nothing
From that it was found that35 people owned a car10 owned two wheelers and5 don’t nothing
Car
Twowheeler
Nothing
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Q2) Are you satisfied with it?
a) Yes b) No
From that it was found that35 were satisfied and15 were not.
0
5
10
15
2025
30
35
Yes No
Response
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Q3) Which feature of CAR attracts you most, that inspires youto go for?
a) Price b) Designc) Mileage
d) Interior spacee) All the abovef) Can’t say
From that it was found that :12 people Said Price
8 people Said Design15 people Said Mileage5 people Said Interior Space8 People Said All the Above2 People Said Can’t Say
0
2
4
6
810
12
14
16
pr ice inte rior
Response
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Q4) How much do you spend on maintenance of car on a monthly basis?
a) <2000 b) 2000-4000 c) >4000
From that it was found that:-28 spends below 100015 spends between 2000-40007 spends above 4000
<2000
2000-4000
>4000
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Q5) Name a car that comes first in your mind when you think of small segment car in India?
From that it was found that :18 said Hyundai15 said Maruti16 said TATA 1 said Others
HYUNDAI
MARUTI
TATA
OTHERS
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Q6) Are you planning to buy a car within next?
From that it was found that
2 people want to purchase in a month5 people want to purchase within 2 months12 said 6 months20 said in a year11 said not in near future
0
5
10
15
20
In 1
month
1 year
response
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Q7) Would You will purchase tata nano?
From that it was found that20 said yes28 said no2 said cant say
YES
NO
CAN'T SAY
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Conclusion
In small segment consumer seeks for-:
Good mileage
low maintenance
easy availability of spare parts easy finance
Price
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Recommendations
Should increase No. of service centers
Should bring more variants
Easy availability of spares parts
Should Increase No. of outlets Should employee more trained employees
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Limitations
The size of sample was very small.
Some information may vary for different people.
Respondents might have given biased answers.
Small sample size did not cover all age groups.
Time constraint.
The figures of result and analysis are approximate.
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Biblography
Internet:
http://www.tata.com/0_careers/our_people/20020214_suman1.htm http://www.tata.com/0_b_sectors/index.htm http://www.cybersteering.com/auto_makers/telco/tata.html http://www.tata.com/tata_engg/index.htm http://www.tatainternational.com/automob_products.asp http://www.tata.com/tata_engg/articles/index.htm http://www.telcoindia.com/home.htm http://www.tata.com/tata_engg/media/20020228.htm http://www.tata.com/tata_engg/articles/2000106051indica2.htm http://www.tata.com/tcs/articles/20011110_auto_engg_service(1).htm www.marutiudyog.com www.hyudaimotorindia.com www.autoweb.com
Magazines: Auto Car 2008 Auto India January 2007-08 Newspapers Times of India Hindustan times
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presented by-
Akshay aggarwal Amit Singh Amit Goel
SudipRamneek Harshit