Preview

Brm Report on Comparative Study

Powerful Essays
Open Document
Open Document
2304 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Brm Report on Comparative Study
INTRODUCTION:
The most successful means for creating and retaining customers is brand. And your brand has three primary elements for differentiating itself from the pack: what you do, how you do it, and for whom. Even a seemingly small change to one of these elements will change the brand—potentially in blockbuster ways.
Till the 1980s, the automobile industry in India was in line with the overall policy of State intervention in the economy. Vehicle production was closely regulated by an industrial licensing system that controlled output, models and prices. The cars were built mostly by two companies, Premier Automobiles Limited and Hindustan Motors Limited
Premier Padmini by Premier Automobiles Limited and Ambassador by Hindustan Motors were the major players in the 1980s. However, the Indian market got transformed after
1983 following the relaxation of the licensing policy and the entry of Maruti Udyog Limited
(MUL) into the car market.
OBJECTIVES OF THE STUDIES:
Under the above perspective the objective of the study are: 1. To study the effectiveness on sales of launch of Maruti Aulto on sales of Maruti 800. 2. To find out what features customers like in the both the cars. 3. To know which car is more preferred. 4. To find out which age group of people associate more with which product.

METHODOLOGY OF THE STUDY:

To attain these objectives first thing we have gone through the websites and journals relevant to this topic . next for assessing the findings and empirically examine the objectives of the study a sample a survey was undertaken through a structured and guided questionnaire and interaction has been received from various people through websites .A focus study has been conducted to design the customer survey questionnaire with a sample size of 60 respondents of various groups for undertaking the statistical analysis and data processing consisted of office editing , data entry and computer programming . computer based

You May Also Find These Documents Helpful

  • Better Essays

    CopelandR MKTG600 MidTerm

    • 966 Words
    • 4 Pages

    Inexperienced brands need support-as much as possible; therefore, the focus on maintain a customer base is very important. At the early stage of a business, it’s important to establish brand value and integrity and begin to cultivate the two. .…

    • 966 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Loyal customers can and should be the foundation for marketing strategy. Beyond the profit they generate, loyal customers provide the basis for brand development and improvement. The brand that loses sight of its loyal customers has lost its direction, and is prone to lose its market share. Brand loyalty “means people won’t go elsewhere, even if the competition offers lower prices. It keeps revenues high and retains market share. You can see why brand loyalty is a priority for any business” (Goodson, Scott, 2011, p 2).…

    • 755 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Increasing number of companies put the strategy of customer loyalty into focus. Marketers from different countries come to an agreement that combining customer development with customer retention can bring long-term impact on brand performance (Kotler, 2003). In specific, price premium, brand awareness and market share closely associated with brand profitability count on customer loyalty. For instance, loyal customers are inclined to pay more for a certain brand because of its inimitable value for them; there is no doubt that no alternative can instead. Similarly, as repeated purchase of loyal customers, market share will be optimistic for the specific brand, in spite of situational restrictions. On the other hand, serious threats customer loyalty brings to brand lies in perceived product parity and fail in innovation and product propagation. Otherwise, retain loyal customers constantly require extra cost for quality control and more budget for marketing campaign on a continuing basis. Unfortunately, small brands with insufficient abilities hardly to achieve the development and reinforcement of customer loyalty, big brands will increasingly prosper as a result. This essay will highlight whether customer loyalty make or break a brand and illustrate examples which can contribute to a brand to be successful through customer loyalty strategy.…

    • 2357 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Whilst conducting this research I shall be looking at the impact of client satisfaction on business and how it can be measured. I will be discussing different ways of doing this and talking about how to conduct a client satisfaction survey.…

    • 2353 Words
    • 10 Pages
    Best Essays
  • Good Essays

    I watched the short film on the “Examined Life”. It was a documentary film done in 2008 directed by Astra Taylor. The documentary features eight significant modern philosophers walking around different cities. They discuss the everyday claim of their ideas in today’s culture. The documentary offers isolated moments with great philosophers from areas extending from moral philosophy to cultural theory. “Examined Life,” exposes philosophy's influence to change the way we look at the world in and around us and envision our place in it.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Following this initiative, in 1993 the government announced a drastic reduction in import duty on automobile components. These measures significantly acted as a catalyst to stimulate the economy and eventually catapulted India’s automotive industry to the enviable height it enjoys today.…

    • 654 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The automobile industry in China and India increasingly showing rising importance in the global scale. Thus, both are gradually viewed as a serious competitor in the global automobile industry (Fairclough and White 2007). This report looks in depth in the automobile industry of China and India to try to come to a conclusion and recommended investment in the automobile industry.…

    • 4362 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Beside that, the report will discuss sampling target and size, population range and the methodology that will be used and discuss in the research project. Not only that, at the end of the project we will provide a recommendation for business and academic purpose for further research on the motor vehicle business. Not to mention also the limitation of the research process.…

    • 6637 Words
    • 27 Pages
    Good Essays
  • Powerful Essays

    Digital Marketing Strategy

    • 1670 Words
    • 7 Pages

    Make the customer feel they have an input in the brand and are not just viewed as a source of profit…

    • 1670 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    If we observe Maruti as a brand over the years we can note a remarkable phenomena or strategy from their growth in past years.…

    • 462 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Maruti Udyog Limited

    • 4527 Words
    • 19 Pages

    Maruti Suzuki India Limited, a subsidiary of Suzuki Motor Corporation of Japan, has been the leader of the Indian car market for over two decades.…

    • 4527 Words
    • 19 Pages
    Good Essays
  • Powerful Essays

    Crm in Maruti

    • 3095 Words
    • 13 Pages

    million cumulative domestic sales mark here today. It is the only automobile company in India…

    • 3095 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Now-a-days customers are aware of what they get for the value paid. And they are wasting no time to get it. Gone are the days when one has to book the cars to arrive. Now it is the jet set age with people stopping at one of the showroom and finalizing the deal, model and the make before walking quietly away. Customers are looking for personalized services. It is not what showroom looks that make importance it is how many moments of truth can it provide to customers. These moments indicate the time each customer can get at every showroom which provide information facts and support while making this decision, it is just a relationship feel. Today customers not only chooses the best product for his requirement but also demands value for his money. The car showrooms also have undergone changes. They have become single point of contact for the customer before and after purchase of the car. The entry of MNC's is definitely a big boon to a passenger car market with high customer expectations. This is turn has forced all the car manufacturers to look at away and means of adding value to their products and services. The feature looks bright for the Indian car buyers as well as the manufacturers who are willing to go that extra mile to satisfy the customers. So, it is…

    • 9849 Words
    • 40 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of this study is to research the customer buying behavior in a specific market.…

    • 3370 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    research methodology

    • 357 Words
    • 2 Pages

    Ans: The questionnaire fulfills the objective of the case study and will be able to get appropriate data from the customers, since it is a primary data its authenticity and relevance is reasonably high. The questionnaire will be able to find out the preferences of the customers and its effectiveness in the market. But there are few problems i.e. the research objective is not specified properly in the questionnaire and there are some problems in questionnaire and also questions are not in the logical order.…

    • 357 Words
    • 2 Pages
    Satisfactory Essays

Related Topics