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    Comparative Analysis of Consumer response towards

    TATA Motors & Others

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    Executive Summary

    As TATA MOTORS is regarded as one of thebest fuel efficient cars. Hence I conducted astudy on the consumer perception about small

    cars. Firstly, I took three brands of small cars;Zen estilo, Indica and Santro for a comparativestudy of small car segment.Later I went through the process of filling the

    questionnaires, to know exactly what thecustomers of small cars perceived about theircars.

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    All the cars taken for the sample showedthat the consumers perceived them asalmost same in all the attributes like safety,comfort and luxury.But, at the end the research was limiteddue to small sample size, small sample areaand time constraints.

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    COMPANY PROFILE

    Tata motors were established onSeptember 1, 1945, originally for themanufacture of Steam Locomotives atJamshedpur.In 1969 Tata motors had become an

    independent producer of MediumCommercial Vehicles. It had alsodeveloped the capability of designing,testing and manufacturing such vehicles.

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    It is the country's leading commercialvehicle manufacturer and has significantpresence in the multi-utility and passengercar segments.With the Launch of Tata Indica, an Euro 2

    compliant vehicle, is the countrys firstindigenously designed, developed andmanufactured passenger car.

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    With the launch of Tata nano, Tata haspenetrated the market to its extreme by

    making a car available for Rs. 132000only. This is the cheapest car in India tilldate and with the announcement of its

    diesel variant it has made potential buyersto eagerly wait for it.

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    Marketing Strategies Followed By

    TATA MOTORS1. Product, Branding, and Advertising

    Advertising is one of the most common ways to make car buyer orcar enthusiast aware of the new car with special promotion price.

    Another more important way of advertising is to create an image orbrand image. Take BMW Z3 for example, it was introduced in 1996and shortly the car has been used in the famous James Bond movie.Over the years Tata Motors have been successful in creating theirbrand image.

    Other important marketing strategies are such as the

    packaging, innovations, and quality control. Tata Motors providemany innovative features to attract car lover. One of theseinnovations is the Tata Safari 4X4 Dicor that has Reverse GuideSystem. A weather -proof camera is fixed to the rear car to help thedriver while reversing the car.

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    2. Pricing StrategyThere are various factors to determine a price of

    a car. These factors are such as market condition(it cant be too low or too high with the prices of same vehicle from competitors, it has to be atpar), cost incurred to build a car, profit bycompany, dealer profit.Giving discount every month and special

    promotion for certain type of vehicle also one of the strong strategy use by Tata Motors. Discountcan be made from Companys profit or fromdealers profit at certain range.

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    3. PlacePlace of dealership does play an important

    role. The channel of distribution, physicallocation, and dealership method of distribution and sales is generally adopted.The distribution of vehicle must be in a verysystematic way, from the plant to dealershipand 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

    Hundai motors India Ltd.Santro

    Fiat India Automobiles Pvt. Ltd.

    punto General Motors

    Sparks

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    ResearchResearch Methodology: The data for the project was collected from

    malls, customers at showrooms, markets and from public in Delhi.

    Sample Size : Sample size of 60 was taken based on convenient SimpleRandom Sampling.

    Research Tools : The data was collected through Survey QuestionnaireMethod.

    Data Collection: Data was collected through the following-a) Primary sources: Questionnaire from General publicb) 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 respondents

    and they were asked to fill their opinion.The data was then analyzed and inferences were drawn onthat basis.

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    DATA ANALYSISData 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 satisfactionprovided by various operators.

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    ANALYSIS

    Sample size 60 Respondents:

    Owners of Santro 18 Owners of Zen estilo - 8 Owners of Indica 9 Owners of other cars 5

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    FINDINGSQ) What do you own? a) car b) Two Wheeler c) Nothing

    From that it was found that40 people owned a car15 owned two wheelers and5 dont nothing

    Car

    Tw owheeler

    Nothing

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    Q) Which car do you own?a) zen estilo b) santro c) indica d) others

    From that it was found that :

    8 people owns zen estilo18 people owns santro9 people owns indica5 people owns others

    0

    5

    10

    15

    20

    Response

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    Q) Are you satisfied with it? A) Yes b) No

    From that it was found that35 were satisfied and25 were not.

    05

    10152025

    3035

    Ye s No

    Response

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    How much do you spend on maintenance on a monthly basis?

    a) 4000

    From that it was found that38 spends below 100015 spends between 2000-40007 spends above 4000

    4000

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    Q) Out of these which you will see first when you will buy a car?

    From that it was found that.5 people consider cost before purchasing a car.4 people consider style before purchasing a car.

    12 people consider performance before purchasing a car.15 people consider performance & style before purchasing a car.

    0 5 10 15

    cost

    Style

    performance

    performance & style

    cost & peformance

    Response

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    Q) Are you planning to buy a car within next?

    From that it was found that2 people want to purchase in a month5 people want to purchase within 2 months12 said 6 months20 said in a year21 said not in near future

    05

    10152025

    In 1month

    1 year

    response

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    Q. Would You will purchase tata nano?

    From that it was found that18 said yes32 said no10 said cant say

    YES

    NO

    CAN'T SAY

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    Conclusion

    In small segment consumer seeks for-:Good mileage

    low maintenanceeasy availability of spare partseasy finance

    Price

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    Recommendations

    Should increase No. of service centersShould bring more variants

    Easy availability of spares partsShould Increase No. of outletsShould 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

    http://www.autoweb.com/http://www.autoweb.com/http://www.autoweb.com/
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    presented by- Abhishek Goel

    0652061707(27)