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PROJECT TITLE
This is to certify that the project report titled to study the impact of crm techniques
adopted by small car segment dealers in the region of punjab of the districts jalandhar
ludhiana and nawasher carried out by Ashwani Kumar , Mithun Saxena , Munish
Vardhan has been accomplished under my guidance & supervision as a duly registered
MBA student of the Lovely Professional University, Phagwara. This project is being
submitted by them in the partial fulfillment of the requirements for the award of the Master of
Business Administration from Lovely Professional University.
Thier dissertation represents thier original work and is worthy of consideration for the award
of the degree of Master of Business Administration.
___________________________________
Date:
3
DECLARATION
I, "Ashwani Kumar ”, hereby declare that the work presented herein is genuine work done
originally by me and has not been published or submitted elsewhere for the requirement of a
degree programme. Any literature, data or works done by others and cited within this
dissertation has been given due acknowledgement and listed in the reference section.
Ashwani Kumar
10807616
DECLARATION
I, Mithun Saxena, hereby declare that the work presented herein is genuine work done
originally by me and has not been published or submitted elsewhere for the requirement of a
degree programme. Any literature, data or works done by others and cited within this
dissertation has been given due acknowledgement and listed in the reference section.
Mithun Saxena
10810750
DECLARATION
I, Munish Vardhan,, hereby declare that the work presented herein is genuine work done
originally by me and has not been published or submitted elsewhere for the requirement of a
degree programme. Any literature, data or works done by others and cited within this
dissertation has been given due acknowledgement and listed in the reference section.
Munish Vardhan
10810337
ACKNOWLEDGEMENTS
We place on record our sincere thanks to one and all who at different occasions given
valuable suggestions for the development of the project. Our sincere thanks to our honorable
professor Mr. Manish Kumar who as our Faculty Guide has always motivated us to put our
best foot forward by setting high standards for us.
We specially extend our grateful thanks to Mr. Girish Taneja and Mr. Pushpinder
Singh for providing us the valuable suggestions and precious recommendation at different
phases during our research project which help us in making it a success. We want to extend
our sincere gratitude to both Panel heads who has been the guiding force throughout this
research project.
We also thank our peers for being so supportive as well as being so cooperative in
sharing their valuable views and discussing about relevant points while preparing this report.
Ashwani Kumar
Mithun Saxena
Munish Vardhan
7
Table of Contents
Sr. No. CHAPTERS Page No.
6. TOOLS OF CRM 30
9. QUESTIONNAIRE 37-40
11. FINDINGS 91
12. LIMITATIONS 92
14. REFERENCES 95
8
The core theme of all CRM and relationship marketing perspectives is its focus on co-
operative and collaborative relationships between the firm and its customers, and/or other
marketing actors. CRM is based on the premise that, by having a better understanding of the
customers’ needs and desires we can keep them longer and sell more to them.
• Provide product information, product use information, and technical assistance on web
sites that are accessible 24 / 7
• Help to identify potential problems quickly, before they occur
• Provide a user-friendly mechanism for registering customer complaints (complaints that
are not registered with the company cannot be resolved, and are a major source of customer
dissatisfaction)
9
• Provide a fast mechanism for handling problems and complaints (complaints that are
resolved quickly can increase customer satisfaction)
• Provide a fast mechanism for correcting service deficiencies (correct the problem before
other customers experience the same dissatisfaction)
• Identify how each individual customer defines quality, and then design a service strategy
for each customer based on these individual requirements and expectations
• use internet cookies to track customer interests and personalize product offerings
accordingly
• use the internet to engage in collaborative customization or real-time customization
There are a number of reasons why CRM has become so important in the last 10
years. The competition in the global market has become highly competitive, and it has
become easier for customers to switch companies if they are not happy with the service they
receive. One of the primary goals of CRM is to maintain clients. When it is used effectively,
a company will be able to build a relationship with their customers that can last a lifetime.
Customer relationship management tools will generally come in the form of software. Each
software program may vary in the way it approaches CRM. It is important to realize that
CRM is more than just a technology.
Differentiate Customers: All customers are not equal; recognize and reward best customers
disproportionately. Understanding each customer becomes particularly important. And the
same customers’ reaction to a cellular company operator may be quite different as compared
to a car dealer. Besides for the same product or the service not all customers can be treated
alike and CRM needs to differentiate between a high value customer and a low value
customer.
11
• Differentiating Offerings
→ Low value customer requiring high value customer offerings
→ Low value customer with potential to become high value in near future
→ High value customer requiring high value service
→ High value customer requiring low value service
High value customers who
require a high level of service
are maintained without
Low value customers who expanding the costly offering
High
to the entire customer
Require high levels of service population
Low
High
• Low
Company has to invest in terms of its product and service offerings to its customers. It has to
innovate and meet the very needs of its clients/ customers so that they remain as advocates on
the loyalty curve. Referral sales invariably are low cost high margin sales.
Learning from
customers &
Creating prospects
Profits
Acquiring new
customers 1
Fig.3
5
3 Creating value
CRM Activities 4 for customers &
prospects
2
Creating loyal
customers
CRM facilitates closed- loop customer interactions through all phases of the customer relation
life cycle including:
Management
Customer Engagement
Business Transaction
In the business transaction phase of the relationship life cycle Customer Relationship
Management supports the following key functional areas:
• Internet Pricing and Configuration -- Delivers online systems that allow users to
configure products online and compare prices across different catalogs and
marketplaces; includes shopping basket functions
• E-Selling -- Provides solution for selling products and services via the Internet;
covers all phases of sales cycle, including one-to-one marketing, catalog browsing,
search, order placement, payment, contract completion, and customer support
• Telesales -- Manages inbound and outbound calls; handles high call volumes;
provides efficient user interface; integrates sales information from back-office
systems and product information from online catalogs
• Field Sales -- Delivers key customer and prospect information to sales personnel at
any place, at any time; facilitates planning and maintenance of sales activities, such as
appointments, visits, and calls, and provides activity reports; creates quotations and
takes orders; includes support for mobile and wireless devices
Order Fulfillment
In the order fulfillment phase of the relationship life cycle Customer Relationship
Management supports the following key functional areas:
• Complete Order Life Cycle Process -- Provides the ability to track and trace orders
at all points along order management, manufacturing, distribution, and service
processes; proactively notifies customers of changes that affect delivery
16
Customer Service
In the customer service phase of the relationship life cycle Customer Relationship
Management supports the following key functional areas:
• customer self service; includes case-logic system featuring advanced decision support
for problem determination and resolution
• Field Service - (Mobile Service) -- Delivers and tracks customer and account
information for field service personnel; provides service planning and forecasting,
scheduling, and dispatching functionality through tight integration with fulfillment
systems; includes support for mobile and wireless devices
Business Transaction
Customer Retention
customers
Customer Service
18
In the formation process, three important decision areas relate to defining the purpose (or
objectives) of engaging in CRM, selecting parties (or customer partners) for appropriate
CRM programs and developing programs (or relational activity schemes) for relationship
engagement with the customer.
Team Structure
Purpose
Increase
Role
Effectiveness
Improve Efficiency
Relationship
Planning Process Performance
Strategic
Planning Process
Financial
Process Alignment Marketing
→ Retention
Programs
Account
Management
Retention Monitoring
Communication
Employee Motivation
Partners
Criteria
Process
Employee Training
Evolution
• Enhancement
19
INDUSTRY ANALYSIS
Evolution
The automobile industry has undergone significant changes since Henry Ford first
introduced the assembly line technique for the mass production of cars. Production
concepts, processes and the associated technologies have changed dramatically since the
first cars were built. Some 70 years ago car assembly was primarily manual work. Today,
the process of car assembly is almost fully automated. In the old days, firms attached
importance to the production of virtually every part in a single plant, while today,
carmakers concentrate on only a few specific production stages. Parts and module
production, services and related activities have been shifted to other, specialised firms
(outsourcing of production steps).Since the 1980s, it has become clear that further
productivity gains to retain competitiveness can be possible only by outsourcing and
securing greater flexibility. For example, firms, especially small car producers whose
markets have been threatened by imports, have diversified their production programmes
(e.g. by building off-road cars or convertibles) thereby introducing greater flexibility in
the production process. Also, firms and their production have become more
internationalized in lieu of outsourcing.
Current Scenario
The global passenger car industry has been facing the problem of excess capacity for
quite some time now. For the year 2002, the global capacity in the automotive industry
was 75 million units a year, against production of only 56 million units (excess capacity
estimated at 25%). Efforts to shore up capacity utilization have prompted severe price
competition, thus affecting margins and forcing fundamental changes in the industry. The
pressure on sales and margins is driving players to emerging markets in pursuit of better
growth opportunities and/or access to low-cost manufacturing bases.
20
The concept of selling in the passenger car industry is changing from original sales
towards lifecycle value generation, encompassing financing, repairs & maintenance,
cleaning, provision of accessories, and so on.
Vehicle manufacturers are moving into completely new materials and technologies—
partly guided by environmental legislation—in striving to come up with radically
different products. Some of these new technologies involve parts that can be bolted on to
an existing vehicle with relatively few implications for the rest of the vehicle. Others are
much more fundamental, and are likely to have a profound impact throughout the supply
chain. The examples include battery, electric or hybrid power trains, and alternatives to
the all-steel body. Carmakers are increasingly outsourcing component production, and
focusing on product design, brand management and consumer care, in contrast to the
traditional emphasis on manufacturing and engineering.
• The increasing need to attain global scales underscores the importance of platform
sharing among carmakers. All original equipment manufacturers (OEMs) are trying to
reduce the number of vehicle platforms, but raise the number of models produced from
each platform. This means producing a number of seemingly distinct models from a
common platform.
EVOLUTION
The Indian automobile industry developed within the broader context of import
substitution during the 1950s. The distinctive feature of the automobile industry in India
was that in line with the overall policy of State intervention in the economy, vehicle
production was closely regulated by an industrial licensing system till the early 1980s that
controlled output, models and prices. The cars were built mostly by two companies,
Premier Automobiles Limited and HM. However, the Indian market got transformed after
1983 following the relaxation of the licensing policy and the entry of MUL into the car
market. IN 1991 car imports ere insignificant, while component imports were equivalent
to 20% of the domestic production, largely because of the continuing import of parts by
MUL. The liberalization of the Indian automotive industry that began in the early 1990s
was directed at dismantling the system of controls over investment and production, rather
than at promoting foreign trade. Multinational companies were allowed to invest in the
assembly sector for the first time, and car production was no longer constrained by the
licensing system. However, QRs on built-up vehicles remained and foreign assemblers
were obliged to meet local content requirements even as export targets were agreed with
the Government to maintain foreign exchange neutrality. The new policy regime and
large potential demand led to inflows of foreign direct investment (FDI) by the mid-
1990s. By the end of 1997, Daewoo, Ford India, GM, DaimlerChrysler and Peugeot had
started assembly operations in India. They were followed by Honda, HMIL, and
Mitsubishi.
Current Scenario
Major Players
Bajaj Tempo Limited, DaimlerChrysler India Private Limited, Fiat India Automotive
Private Limited, Ford India Limited, General Motors India Limited, Hindustan
Motors Limited, Honda Siel Cars India Limited, Hyundai Motor India Limited,
Mahindra & Mahindra Limited, Maruti Udyog Limited, Skoda Auto India Limited,
Tata Motors Limited, Toyota Kirloskar Motors Limited.
22
With the launch of Maruti Swift recently a price war was expected to kick in .
Immediately after maruti raised prices on its debutante Hyundai Motor India hit back
with a Rs 16,000-19,000 markdown on three new variants of Santro Xing.The company
has introduced the XK and XL variants at a lower tag of Rs 3,26,999 and Rs .3,45,999
respectively.The new price variants are likely to give Maruti’s existing B-
segment models, Zen and WagonR a run for their money. Hyundai has also launched a
new non-AC variant of the Santro at Rs 2.79 lakh, a tad higher than what the existing
non-Ac Santro costs. The next offensive is due from Maruti. With the Santro’s new price
positioning, Zen and particularly WagonR may be due for a correction, or at least a
limited-period subvention. If that happens the domino effect will kick in across the B-
segment.
Hyundai is positioning its new variants on the tech platform. Strapped with 1.1 litre
engine with eRLX Active Intelligence technology, the new variants also come with new
colour-coordinated interiors, a new front grill and a 4-speed AC blower that makes the air
conditioning more efficient
After the price war being triggered off by Hyundai being the first company to
introduce what came to be known as, pricing based on customer's value perceptions , all
others followed suit.Telco's Indica came in the range of Rs 2.56 lakh to Rs 3.88 lakh with
4 models. The price-points in the car market were replaced by price-bands. The width of
a price-band was a function of the size of the segment being targeted besides the intensity
of competition. The thumb rule being 'the higher the intensity, the wider the price-band.'
Maruti caters to all segment and has a product offering at all price points. It has
a car priced at Rs.1,87,000.00 which is the lowest offer on road. Maruti gets 70%
business from repeat buyers who earlier had owned a Maruti car. Their pricing strategy is
to provide an option to every customer looking for up gradation in his car. Their sole
motive of having so many product offering is to be in the consideration set of every
passenger car customer in India. Here is how every price point is covered.
23
Maruti’s customer centricity is very much exemplified by the five times consecutive
wins at J D Power CSI Awards. Focus on customer satisfaction is what Maruti lives with.
Maruti has successfully shed off the public- sector laid back attitude image and has
inculcated the customer-friendly approach in its organization culture. The customer
centric attitude is imbibed in its employees. Maruti dealers and employees are
answerable to even a single customer complain. There are instances of cancellation of
dealerships based on customer feedback.
Maruti has taken a number of initiatives to serve customer well. They have even
changed their showroom layout so that customer has to walk minimum in the showroom
and there are norms for service times and delivery of vehicles. The Dealer Sales
Executive, who is the first interaction medium with the Maruti customer when the
customer walks in Maruti showroom, is trained on greeting etiquettes. Maruti has proper
customer complain handling cell under the CRM department. The Maruti call center is
another effort which brings Maruti closer to its customer. Their Market Research
department remains on its toes to study the changing consumer behaviour and market
needs.Maruti enjoys seventy percent repeat buyers which further bolsters their claim of
being customer friendly. Maruti is investing a lot of money and effort in building
customer loyalty programmes.
25
The automobile dealer in India is the ninth largest in the world with an annual
production of over 2.3 million units in 2008. In 2009, India emerged as Asia's fourth largest
exporter of automobiles, behind Japan, South Korea and Thailand.
Following economic liberalization in India in 1991, the Indian automotive dealer has
demonstrated sustained growth as a result of increased competitiveness and relaxed
restrictions. Several Indian automobile manufacturers such as Tata Motors, Maruti Suzuki
and Mahindra and Mahindra, expanded their domestic and international operations. India's
robust economic growth led to the further expansion of its domestic automobile market which
attracted significant India-specific investment by multinational automobile manufacturers. In
February 2009, monthly sales of passenger cars in India exceeded 100,000 units bryonic
automotive dealer emerged in India in the 1940s. Following the independence, in 1947, the
Government of India and the private sector launched efforts to create an automotive
component manufacturing dealer to supply to the automobile dealer. However, the growth
was relatively slow in the 1950s and 1960s due to nationalisation and the license raj which
hampered the Indian private sector. After 1970, the automotive dealer started to grow, but the
growth was mainly driven by tractors, commercial vehicles and scooters. Cars were still a
major luxury. Japanese manufacturers entered the Indian market ultimately leading to the
establishment of Maruti Udyog. A number of foreign firms initiated joint ventures with
Indian companies.
Maruti Suzuki[: 800, Alto, WagonR, Zen Estilo, A-Star, Ritz, Swift, Omni, Versa, Gypsy
Tel: 0161-2512701 -
04
27
• LOVELY AUTOS
Address: VPO LANGROYA NAWANSHAHR -
CHANDIGARH ROAD DIST. NAWANSHAHR
Ph. No.: 1823-251500 251501
Email: lovelyautosnws@yahoo.co.in
28
KOSMO HYUNDAI
Opp Dps Main Rd, Main G T Rd, Basti Jodhewal, Jalandhar, Punjab, India
0181-5009501, 5009502
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor
Company, South Korea and is the second largest and the fastest growing car manufacturer in
India. HMIL presently markets 34 variants of passenger cars across segments. The Santro in
the B segment, the Getz Prime and the i10 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, continuing its tradition of being the fastest growing passenger car
manufacturer, registering total sales of 327,160 vehicles in the calendar year (CY) 2007, an
increase of 9.2 percent over CY 2006. In the domestic market it clocked a growth of 7.6
percent as compared to 2006 with 200,412 units, while overseas sales grew by 11.8 percent,
with exports of 126,748 units
30
STAN AUTOS
stanauto@sify.com\
Stan Autos is the leading car and bike magazine, Latest road test on cars and bikes, reviews,
first drives, news, features, helping you buy used cars, answering car and bike queries, best
places to travel, results of Formula 1 drivers standings, updates on A1gp, aprc, wrc, inrc,
prices for all cars and bikes.
31
The need of this study is to find the impact made by the CRM activities by the different
automobile dealer on the customer satisfaction and sale. On this study will let us know about
the various aspects of the CRM activities and automobile dealer in India. What are the
various factors affecting it positively and negatively? This study will enhance our knowledge
and will help us in times to come. We all find this area of study very lucrative so we have
chosen it as our topic of project.
This research study throws light on the CRM activities of the automobile dealer in punjab and
it will let all those who are interested in Indian automobile dealer with CRM to know
“impacts of CRM activities by automobile sector”.
This research work and survey would help to future researchers and students to know the
impact of crm activities by automobile sector in the broader areas and field and over all
employability and economic growth of the country in this very aspect.
Region of study:
Jalandhar
Banga (nawasehear)
Ludhiana
OBJECTIVES OF STUDY
• What are the different CRM techniques being adopted by various dealers in small car
segment in the region of Punjab.
• How much the CRM initiative of the companies helps them to retain their existing
customer and acquiring new customers.
RESEARCH METHDOLOGY:
PERIOD OF STUDY:
The period of the study for this project cover near about three months. Further, this much
period is a reasonable period to study the performance of target person and to gain knowledge
with respect to the objective of study.
It is a Descriptive Research and the main objective of Descriptive Research is to learn about
who, what, when and how. It includes study and fact finding inquiries of different kinds.
Thus the major purpose of descriptive research is the description of the state of affairs, as it
exits at present. To understand the various CRM activities and the impact of those activities
on customer loyalty an on the sale of the company we will design a questionaries that in
clued all the above said objectives
It also include Exploratory Research as we are focusing on the what are the recent trends in
the CRM activities in the automobile dealers and what are their consequences.
FRAMEWORK OF ANALYSIS:
The study has been undertaken to examine and understand the marketing aspect of customer
relationship management for a business playing a crucial role in the growth. The framework
of study is concern with the CRM activities by automobile dealer in the region defined above
34
LITERATURE REVIEW
CRM techniques are the most widely techniques that had been used by the companies
but as our study revolves around the small car dealers so we have collected some of the data
on the existing structure of the CRM in the automobile industry by taking into consideration
the main three companies that is Maruti Suzuki, Hyundai, Tata Motors. To respond to high
customer expectations companies are finding they have to use both traditional and emerging
channels to deliver more effective efficient and profitable marketing sales.
In an article that is free take back network for Tata Motors’s ELV that they have
developed an programme of appreciation to the previous Tata customers who wished to
dispose off their car at end of life vehical in UK and give that certificate of destruction and
that is free of charge.
An article that is being posted by delearelite.ca that what actually is the crm in the
automobile industry in that they have explained about the diffrrence between the CRM and
DMS as a dealer management software should have
Also an CRM-DMS initiative that is taken by tata motors has connected company to
1200 dealers and to the end customers. Of course we should also know about the choosing of
CRM software and that can be well got from the article that is poste on CRM guru blog that
is CRM Software Selection Does Not Have to Be Daunting Task which explains that
Choosing CRM software can be a daunting task, it does not have to be an insurmountable
one.
Simply defining the right goals and how the CRM software enables the company to
meet those goals will go a long way in preparing the company to make the smart choice.
Another aricle that is being posted on emerland insight that explains about the digital loyality
networks being adopted by the automobile dealers to enhance their CRM activities. digital
loyalty network, including the implementation of an integrated network connecting the
company with suppliers, alliance partners, dealers and customers .
One of the greatest example of CRM being adopted by maruti Suzuki when it recalled
it’s A star car due to some of the discrepancies article by arnab RC Bhargava, who is the
chairman of the company said that Maruti Suzuki is committed to the safety of the customers.
Another article that explains about the common CRM requirement to run the small car
dealership effectively and also explain the most suitable CRM solution the article named as
35
Which vendor is the best automotive CRM solution for today's small dealerships?
Typically a smaller dealership will not have that many departments or unnecessary
complexity to worry about, hence a lot simpler CRM solution is required, but at the same
time the system should be powerful and proven solution to their unique marketing challenges.
Some of the challenges facing the smaller dealers are: one the price tag, the smaller dealers
wouldn't want to pay a setup fee from $2000 to $10000, and they certainly don't want to pay a
monthly cost of $1500 - $500. The second challenge is I.T support, because many of the
smaller dealers will not have the luxury of having constant I.T support, therefore their CRM
solution should require minimal user training, with intuitive user interfaces. It should be
easily understood and used by the management, instead of leaving all the CRM problems to
your I.T department. Another feature that is required by the smaller dealer is quick turn
around, when they receive a vehicle, or stocking in a vehicle into their inventory.
In one of the article being posted by sharla sikes she has explained about the
increasing level of customer satisfaction due to the changing CRM that is 360 degree CRM
which maintain from all aspects a complete record of that consumer’s information. Data and
processes factor large in traditional CRM setups. The article is named as more than just
CRM.
Another article that is being posted by articlebase.com has resulted the parameters
that can be used to measure the customer satisfaction and the maruti was one of the first to
rank highest in customer satisfaction and the parameters on which the customer satisfaction
level was measured were problems experienced, service quality, service advisor, service
initiation, user-friendly service, service delivery, and in-service experience.
In one of the article that is posted on the blogspot.com the article named as six reason why
crm initiative fails .There can be many reasons why CRM initiatives fail but here it’s going
to focus specifically on six of them pertaining to small businesses and startups. These CRM
activities has some points to be discussed like Counting v. Creating Customers, Measuring
the Wrong Thing, Structured v. Unstructured Data, Ease-of-Use, "Feeding the Monster",
Transactional Systems v. Solution/Relationship Systems. CRM guru has one of the article
being posted on it that explained about the strategic framework of CRM in automobile
sector. The authors emphasize the need for a cross-functional, process-oriented approach that
positions CRM at a strategic level. They identify five key cross-functional CRM processes: a
strategy development process, a value creation process, a multichannel integration process, an
information management process, and a performance assessment process.
ARTICLE REFRENCES
http://www.articlesbase.com/automotive-articles/why-are-the-dealers-still-using-outdated-
software-as-their-crm-solution-1944208.html
http://gmj.gallup.com/content/28297/what-price-car-customer-loyalty.aspx
http://www.salesboom.com/products/web-based_automotive_crm_software_solution.html
http://www.atypon-link.com/AMA/doi/abs/10.1509/jmkg.2005.69.4.167
http://blog.hubspot.com/Default.aspx?TabId=6307&bid=52
http://www.acastle.com/?gclid=CKe9tMSOsKACFQoupAodDiAiTg
http://www.tmcnet.com/channels/crm-software/articles/5594-crm-software-selection-does-
not-have-be-daunting.htm
http://blog.taragana.com/index.php/archive/maruti-a-star-recalled/
http://www.emeraldinsight.com/10.1108/10878570310505541
http://www.business-standard.com/india/news/auto-companies-need-to-deliver-atdealer\s-
level/367948/
http://www.articlesbase.com/advertising-articles/maruti-suzuki-rolls-high-on-customer-
satisfaction-627273.html
37
Questionnaire
Q:1 What is your family income p.a ?
Yes_________ No__________
1 2 More than 2
Less than six months More than six months but less than one year
1-3 years More than 3 years
Q: 6 On the scale of 1-5 where 1 represent extremely satisfied and 5 represent extremely
dissatisfied how would you rate your level of overall satisfaction with company?
Why do you say that? What specifically are you satisfied or dissatisfied with company ? enter
response below:
38
Q: 7 Please rate your level of agreement with the following statements (1-5 scale with 1 being
strongly agree,2 being agree,3 being neutral,2 disagree and 1 being completely disagree):
1 2 3 4 5
Q: 8 Please rate your level of satisfaction with sale representative in the following areas
Q: 9 Thinking of your most recent experience with the product/service, how much do you
agree with the following statements?
You will
repurchase it
Q:10. Thinking of similar products/services offered by other companies, how would you
compare our product/service offered to them?
Much better Somewhat About the Somewhat Much worse Don’t know
better same worse
Q:11 Based upon your overall experience, please rate your satisfaction with Customer
Service in the following areas:
Q:13 Would you use our service in the future, if you have had a need for it?
Q: 14 how likely are you to recommend company product to a friend a relative? Would you
say the chances are :
Q: 15 Amongst all the touch point being used by the company please mention the most of the
effective tools in the following table:
Front desk
Sales representative
Email
Sms
Website
Feedback
Calling
NAME : AGE:
SEX: OCCUPATON
ADRESS:
41
Overall
all satisfaction with company = satisfied
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
ANOVA
Total 115.840 99
Total 2799.710 99
Total 66.871 99
88
89
From the research study it is being found that most of the customers of small car
segment lies in the income level of 2-3 and 3-4 lakh and then after some of the
respondent were also lying in the 4-5 lakh but small in number where as more than 5
lakh is an rare chance.
The number of customer studied who have maruti Suzuki were 42 and Hyundai (28)
whereas tata motors (25) where as 5 were using other cars.
All of the 100 customers own the car.
60 of them were having one car, 35 have 2 cars and 5 have more than 2 cars.
Most of the old customers were attached to maruti as they were using mostly the
service more than 2 years.
The over all satisfaction average of maruti Suzuki customers are more than other
company customers.
Most of the Hyundai customer were responding to their recent experience with the
product that they strongly agree that it was worth to purchase but on an average the
worthiness of tata motors and maruti Suzuki was more in the analysis.
The user friendly award is being given to maruti Suzuki by the customer it is may be
due to the comfort and economical nature of their product and it could be analyse that
they are even using their brand image as a crm tool.\
The repurchase behaviour of all the customers of different companies are matching
but somewhat comparatively the repurchase pattern of tata motors is better resulted.
The study reveale that the feedback pattern used by maruti Suzuki and Hyundai
motors is comparatively good than that of the tata motors as according to the resposes
of 100 people so the result may be somewhat baised.
The loyality of the maruti Suzuki customer can been seen from their rating by
comparing the existing product with other companies they have rated their company
product much better in more frequencies than other customers.
As according to the customers response the brand image of the maruti Suzuki and
tata motors is much more than that of Hyundai and comparatively the brand image of
the maruti Suzuki is much rated by the customer it may be due to their customer
loyality programme and the number of service station available.
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Most of the maruti Suzuki and tata motors customers are willing to recommend their
product to others but in this parameter Hyundai is also contributing some of the
efforts.
The touch point that have been asked from the customers and on an average the touch
point of the maruti Suzuki and the tatamotors are more effective which shows their
senstiveness towards crm activities but most of the effective tool for maruti is their
sales representative and their front desk where as tata motor is best at their email and
sms response. The effective tool of Hyundai is their email response.
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FINDINGS
• Punjab has an great hub for small car segment customer as according to the income
level.
• As according to the income level people are interested to buy a small car inspite of
their more income.
• Some of the software implication are also there in crm for companies.
• Customer satisfaction lies in the services and the brand image of the company that is
positioning of the company
• Sales representative plays an important role in the customer satisfaction and customer
retention of the given company
• As according to the customer response more the company does to maintain the good
relationship with customer the more customer is willing to spread word of mouth as it
is maximum in case of maruti Suzuki.
• The hypothesis we have selected that is null hypothesis that is crm has no impact on
the customers is being rejected by one way anova test and the alternative hypothesis is
selected as it is being proved that it has impact on the customer satisfaction.
• Hyundai motors are not concentrating much on the crm activities as much as the tata
and the maruti Suzuki are doing.
• The number of dealers of tata and Hyundai in the jalandhar and Ludhiana are some
what less than that of maruti.
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LIMITATIONS
• The period of study we were having with was not appropriate with the region defined
in the study as it require more time.
• The response that is given by some of the customers about the company who’s car
they own may contain some biasness.
• It was very difficult to get the data from the dealers in the region because they are not
willing to disclose the data and hence the analysis that has been done on the basis of
available data may contain some biased results.
• As we have taken the sample size of 100 people so it is confined to only 100 people
and hence we have taken the whole population as 100 so the result could vary if the
sample size has been changed or the people were changed.
RECOMMENDATIONS
• In CRM the automobile dealers have to learn from other service industry such as
airline service industry. Each time a customer approaches the service agent his entire
history was flashed on the screen.
• Proper training should be given to the employees on the new crm technology that is
being adopted by the organization.
• Our research has analyzed that the most of the customer are diverting their loyalty
from the one dealer due to the reason of some kind of discrepancies in issue resolution
so each dealer should have an independent issue resolution department under their
CRM to better understand their need.
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CONCLUSION
As our study is being confined to the study of crm by automobile dealers in the region of
Punjab ( jalandhar, ludhiana,nawasher) from the study we have reveal that some of the
customers have no knowledge about the CRM of the company after the purchase of the
car it may be due to the lack of awareness in that area but they could understand when
we explained to them. Now coming to the three companies under study the conclusion
can be stated in one line only that all the CRM initiative taken by the dealers of these
companies have impacted the customer loyalty and customer satisfaction ofcouse some
of the points are there where the dealers have to work on which we have explained in
the recommendation. So by working more on crm they can achive the heights of
customer satisfaction.
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REFERENCES
www.lovelyautos.net/la_contact.htm
http://www.cardekho.com/Tata/Jalandhar/cardealers
http://www.automobileindia.com/cars/dealers/punjab/tata.html
http://www.deskera.com/crm?googcrm&gclid=CKCS58DQpqECFcVR6wodoiC9EA
www.mouthshut.com/.../Stan_Motors_-_Jalandhar-925104545.html
www.consumercomplaints.in/?search=maruti%20ritz
jalandhar.justdial.com/stan-auto_Jalandhar_qyowveujwfq.htm
www.indiaautomall.com/used_cars.../Punjab.html
iplextra.indiatimes.com/article/05wkedCf8v4JD?q=Missouri
www.capterra.com/auto-dealer-software
www.autobase.net/
www.marutisuzuki.com/
www.hyundai.com/in/en/mai
mydma09.bdmetrics.com/...CRM-Hyundai...CRM/Overview.aspx
www.tatamotors.com