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57 A STUDY ON CONSUMER PERCEPTION OF HYUNDAI SANTRO CARS IN NAGAPATTINAM CITY 1 Dr.M. Kaliyaperumal, 2 Dr. M.K. Mishra Head Dept of Commerce , Director IPR Edyathangudy G.S. Pillay Arts and Science College Nagapattinam(T.N.) ABSTRACT: The customer’s taste and preferences vary with the passage of time. The need for this study emerged because to find out the consumer perception of Hyundai Santro cars in Salem city, in this emerging trend. This study further finds that whether customer’s expectations level for the brand preference over the competing brands and to find out the consumer perception on various attributes of the products. This study, it helps the dealer to learn whether the customer’s were treated in a good manner and whether customer’s problems were t aken with utmost care and how good relationship is maintained between their customers 1. INTRODUCTION The far-reaching economic reforms undertaken since 1991 have unleashed the growth potential of the Indian economy. A series of “Second Generation Reforms” aimed at deregulating the country and stimulating foreign investment have moved India firmly into the front ranks of the rapidly growing Asia Pacific region. The automotive Industry in India is now working in terms of the dynamics of an open market. Many joint ventures have been set up in India with foreign collaboration, both technical and financial with leading global manufactures. The Government of India is keen to provide a suitable economic and business environment conducive to the success of the established and prospective foreign partnership ventures. The joint venture list indicates a wide variation ranging from 10% to 100%, i.e., wholly owned foreign subsidiaries. The equity participation is not regulated by Government but is market driven. It depends upon the market perceptions of the joint venture partners and their business perceptions primarily in terms of technological, financial and market strengths of the partners. The setting up of joint ventures has also led to enhanced capacity creation in the vehicle sector, particularly in the passenger car sector and the additional capacity is expected to mount by one million passenger cars in the next 4-5 years. 2. OBJECTIVES OF THE STUDY To identify the various attributes of Santro cars that influences on an individual’s choice among alternatives. To identify the reason for the brand preference over the competing brands and to find out the consumer perception on various attributes of the products.To identify the maintenance handling system adopted by the users. To find out the consumer satisfaction level on service provided by the dealers and also towards their product.To suggest wants and means for their improvement.

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Page 1: A STUDY ON CONSUMER PERCEPTION OF …thegujaratresearchsociety.com/images/full_pdf/1576155640...57 A STUDY ON CONSUMER PERCEPTION OF HYUNDAI SANTRO CARS IN NAGAPATTINAM CITY 1Dr.M

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A STUDY ON CONSUMER PERCEPTION OF HYUNDAI

SANTRO CARS IN NAGAPATTINAM CITY

1Dr.M. Kaliyaperumal,

2Dr. M.K. Mishra

Head Dept of Commerce , Director IPR

Edyathangudy G.S. Pillay Arts and Science College Nagapattinam(T.N.)

ABSTRACT:

The customer’s taste and preferences vary with the passage of time. The need for this study emerged because to find

out the consumer perception of Hyundai Santro cars in Salem city, in this emerging trend. This study further finds

that whether customer’s expectations level for the brand preference over the competing brands and to find out the

consumer perception on various attributes of the products. This study, it helps the dealer to learn whether the

customer’s were treated in a good manner and whether customer’s problems were taken with utmost care and how

good relationship is maintained between their customers

1. INTRODUCTION

The far-reaching economic reforms undertaken since 1991 have unleashed the growth potential of the Indian

economy. A series of “Second Generation Reforms” aimed at deregulating the country and stimulating foreign

investment have moved India firmly into the front ranks of the rapidly growing Asia Pacific region.

The automotive Industry in India is now working in terms of the dynamics of an open market. Many joint ventures

have been set up in India with foreign collaboration, both technical and financial with leading global manufactures.

The Government of India is keen to provide a suitable economic and business environment conducive to the success

of the established and prospective foreign partnership ventures.

The joint venture list indicates a wide variation ranging from 10% to 100%, i.e., wholly owned foreign subsidiaries.

The equity participation is not regulated by Government but is market driven. It depends upon the market

perceptions of the joint venture partners and their business perceptions primarily in terms of technological, financial

and market strengths of the partners. The setting up of joint ventures has also led to enhanced capacity creation in

the vehicle sector, particularly in the passenger car sector and the additional capacity is expected to mount by one

million passenger cars in the next 4-5 years.

2. OBJECTIVES OF THE STUDY

To identify the various attributes of Santro cars that influences on an individual’s choice among alternatives. To

identify the reason for the brand preference over the competing brands and to find out the consumer perception on

various attributes of the products.To identify the maintenance handling system adopted by the users. To find out the

consumer satisfaction level on service provided by the dealers and also towards their product.To suggest wants and

means for their improvement.

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3. METHODOLOGY: Methodology is a way to systematically solve the research problems. It explains the

various steps that are generally adopted by a researcher in studying the research problem with logic behind

them.

3.1. RESEARCH DESIGN: The research design adopted for this study has been a Descriptive design

Sources Of Data:The researcher collected both primary and secondary data for this study by primary data,

secondary data

Sampling Design

A sample plan is a definite plan for obtaining a sample from a given population. It refers to the technique or the

procedure the researcher would adopt in selecting items for the sample: Population, Sampling Frame, Sampling

Unit, Sampling method

3.2. STATISTICAL TOOLS USED FOR THE STUDY

The data has been mainly analyzed by using the following methods and tests; %age Analysis,Two - Way

analysis,Chi - Square Test,Chi-square is used most frequently to test the stastical significance of results reported in

bivariate tables and interpreting bivariate tables is integral to interpreting the results of a chi-square test.

Null Hypothesis (H0)

The hypothesis or assumptions, about a population parameter we wish to test, usually an assumption of the status

quo.

Alternative Hypothesis (H1)

The conclusion we accept when the data fail to support the null hypothesis.

Statistical Test

Chi - square test (ᵡ 2) = ∑ (O-E)

2

______

E

Degrees of Freedom = (R-1) (C-1),Whereas,O = Observed frequency,E = Expected frequency,R = Number of rows,

C = Number of columns

To find E

Row total × Column total

Expected frequency = --------------------------------------------

Grand total

3.3. LIMITATIONS OF THE STUDY

1. The survey was limited to

Nagapattinam City only

2. The study covers only

Hyundai Santro

3. The respondents were less

interested in answer the

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Questionnaire, as they felt that it was an interruption to their regular work.

4. The number of respondents was limited to 90

4. ANALYSIS AND INTERPRETATION

Table 1:Age Level of The Respondents

S. No

Age Level

SANTRO

No. Of Respondents

%age

1. Upto 30 yrs. 18

20.0

2. 31 - 40 yrs 24 26.7

3.

Above 40 yrs 48 53.3

Total 90 100.0

Table 2:Gender of The Respondents

S. No Gender SANTRO

No.of Respondents %age

1 Male

62 68.9

2 Female

28 31.1

Total 90 100.0

Table 3:Marital Status of The Respondents

S. No

Marital status

SANTRO

No. of Respondents %age

1 Male 67 74.4

2

Female 23

25.6

Total 90 100.0

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Table 4:Educational Qualification of The Respondents

S. No Educational

Qualification

SANTRO

No.of Respondents %age

1 High School 14 15.6

2 Graduates 28 31.1

3 Post Graduates 48 53.3

Total 90 100.0

Table 5:Monthly Income Level Of The Responders

S. No Monthly Income Level SANTRO

No.of Respondents %age

1 Upto Rs.15,000 13 14.4

2 Rs.15,001 – Rs.20,000 26 28.9

3 Rs.20,001 – Rs.25,000 30 33.4

Total 90 100.0

Table 6:Family Size Of The Respondents

S. No

Family Size

SANTRO

No. Of Respondents %age

1 Upto 3 members 42 46.7

2 4-5 members 39 43.3

3 Above 5 members 09 10.0

Total

90 100.0

Table 7:Year Of Usage of Santro Car

S. No

Using Years

SANTRO

No. of Respondents %age

1 Upto 3 years 38 42.2

2 4-5 years 27 30.0

3 Above 5 years 25 27.8

Total 90 100.0

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Table 8:Driving Kilometres Per Day

S. No

Kilometers

SANTRO

No. of Respondents %age

1 Less than 10 kms 05 5.6

2 10-25 kms 43 47.8

3 25-50 kms 21 23.3

4 50-75 kms 17 18.9

5 Above 75 kms 04 4.4

Total 90 100.0

Table 9:Influencing Factors While Purchasing The Car

S. No

Influencing Factor

SANTRO

No. of Respondents %age

1 Price 10 11.1

2 Brand name 07 7.8

3 Comfort 09 10.0

4 Safety 05 5.6

5 Interiors 11 12.2

6 Exteriors 03 3.3

7 Mileage 23 25.6

8 Performance - -

9 Maintenance cost 19 21.1

10 Others 03 3.3

Total 90 100.0

Table 10:Influencing Person To Prefer Santro Cars

S. No

Influencing person

SANTRO

No. of Respondents %age

1 Dealers 14 15.6

2 Family members 10 11.1

3 Friends & Relations 24 26.7

4 Self 42 46.7

Total 90 100.0

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Table 11:Seen The Dealer’s Advertisement Of The Santro

S.No

Opinion

SANTRO

No. of Respondents %age

1

Yes 73

81.1

2 No 17 18.9

Table 12:Seen The Dealer’s Advertisement Of The Santro

S. No

Opinion

SANTRO

No. of Respondents %age

1 Highly attractive 15 16.7

2 Attractive 45 50.0

3 Moderately attractive 30 33.3

Total 90 100.0

Table 13:Level of Perception About The Performance

S. No

Level of Perception

SANTRO

No. of Respondents %age

1 Low Level - -

2 Medium Level 32 35.6

3 High Level 58 64.4

Total 90 100.0

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Table 14:Maintenance Handling System

Maintenance Time

SANTRO

No. of Respondents %age

1 Through scheduled maintenance

71

78.8

2 As problem arise

19

21.1

3 Positive as long as possible - -

Total

90 100.0

Table 15:Reminder of The Maintenance Time

S. No

Reminder

SANTRO

No. of Respondents %age

1 Automobile Dealers Reminder 47 52.2

2 Mechanic Shop Reminder 06 6.7

3 Personal Records

37 41.1

Total 90 100.0

Table 16: Opinion about The Service Offered By Dealer

S. No

Opinion

SANTRO

No. of Respondents %age

1 Excellent 43 47.7

2 Very Good 26 28.9

3 Average 14 15.6

4 Below Average 07 7.8

Total 90 100.0

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Table 17:Respondents Satisfaction Level On Santro Cars

Opinion

SANTRO

No. of Respondents %age

1 Very Satisfied 24 26.7

2 Satisfied 62 68.9

3 Dissatisfied 04 4.4

4 Highly dissatisfied - -

Total 90 100.0

Table 18:Level Of Brand Loyal Customers In Santro Cars

S.No

Opinion

SANTRO

No. of Respondents %age

1 Yes 51 69.9

2 No 22 30.1

Total

90

100.0

Table 19:Recommendations On Santro Cars To Friends And Relatives

S. No

Recommended

SANTRO

No. of Respondents %age

1 Certainly 73 81.1

2 Uncertainly 17 18.9

Total 90 100.0

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Table 20:Age And Customer Perception Towards Santro Cars (Tw0- Way Table)

S.No

Age

Level of perception

Total Medium High

1 Upto 30 yrs 5 13

18

2 31 to 40 yrs 9 15

25

3 Above 40 yrs 15 33

48

Total 29 61 90

Null Hypothesis (H0) - There is no significant relationship Between Gender and customer

Perception towards Santro Car.

Alternative Hypothesis (H1) - There is close significant Relationship between Gender and Customer Perception

towards Santro Car.

CHI-SQUARE (ᵡ2) CALCULATION:

Calculated ᵡ 2 value = 6.875

Degree of freedom = 2

Table value = 5.991

Level of Significance = 5%

It is found from the above analysis that calculated chi-square Value greater than the table value at 2 dfand Null

hypothesis rejected. So, we concluded that, there is close Significant relationship between the age and Customer

Perception towards Santro Cars.

Table 21:Gender And Customer Perception Towards Santro Cars (Two-Way Table)

S.No

Gender

Level of perception

Total

Medium High

1 Male 13 49 62

2 Female 10 18 28

Total 23 67 90

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Null Hypothesis (H0) - There is no significant relationshipBetween Gender and customer Perception

towards Santro Car.

Alternative Hypothesis (H1) - There is close significant Relationship between Gender and Customer Perception

towards Santro Car.

CHI-SQUARE (ᵡ2) CALCULATION:

Calculated ᵡ 2 value:8.076,Degree of Freedom:3,Table Value:7.815,Level of Significance:5%

It is found from the above analysis that is calculated chi-square value greater than the table value at 3 dfand null

hypothesis rejected. So, we concluded that, there is close significant relationship between the Gender and Customer

Perception towards Santro Car.

Table 22:Educational Qualification And Customer Perception Towards Santro Cars (Two-Way Table)

S.No Educational Qualification

Level of perception

Total Medium High

1 High school 3 11 14

2 Graduate 13 15 28

3 Post Graduate 16 32 64

Total 32 58 90

Null Hypothesis (H0) - There is no significantrelationship between Educational Qualification

and customer Perception towards Santro Car.Alternative Hypothesis (H1) - There is close significant relationship

between Educational Qualification and customer Perception towards Santro Car.

CHI – SQUARE (ᵡ2) CALCULATION

Calculated ᵡ 2 value=6.389,Degree of Freedom=2,Table Value=5.991,Level of Significance=5%It is found from the

above analysis that calculated chi – square value greater than the table value at 2 dfand null hypothesis rejected. So,

we concluded that, there is close significant relationship between the Educational Qualification and Customer

Perception towards Santro Car.

Table 23:Monthly Income And Customer Perception Towards Santro Cars (Two-Way Table)

S.No

Monthly income

Level of Perception

Total Medium High

1 Upto Rs. 15,000 7 6 13

2 Rs.15,001 –

Rs. 20,000 6 20 26

3 Rs.20,000 –

Rs. 25,000 6 15 21

4 Above Rs.25,000 9 21 30

Total 28 62 30

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Null Hypothesis (H0)There is no significant relationship Between Income Level and Customer Perception towards

Santro Cars.

Alternative Hypothesis (H1) –There is close significant Relationship between Income Level and customer Perception

Towards Santro Car.

CHI-SQUARE (ᵡ2) CALCULATION

Calculated ᵡ 2 value=7.865,Df=3,Table Value=7.815,Level of Significance=5%

It is found from the above analysis that calculated chi-square value greater than the table value at 3 dfand null

hypothesis rejected. So, we concluded that, there is close significant relationship between the Income Level and

Customer Perception towards Santro Cars.

Table 24:Family Size And Customer Perception Towards Santro Cars (Two-Way Table)

S.No

Family Size

Level of Perception

Total

Medium

High

1 Upto 3 members 9 33 42

2 4-5 members 22 17 49

3 Above 5 members 6 3 9

Total 37 53 90

Null hypothesis (H0)- There is no significant,Relationship between Family Size and customer Perception Towards

Santro Cars.

Alternative Hypothesis (H1): There is close significant Relationship between Income Level and customer

Perception Towards Santro Car.

CHI – SQUARE (ᵡ2) CALCULATION:

Calculated ᵡ 2 value=6.882,Df=2,Table Value:5.991,Level of Significant=5% It is found from the above

analysis that calculated chi – square value greater than the table value at 2 dfand null hypothesis rejected. So, we

concluded that, there is close significant relationship between the family size and customer Perception towards

Santro Cars.

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Table 25:Period Of Usage And Customer Perception Towards Santro Cars (Two- Way Table)

S.No

Using period

Level of perception

Total

Medium

High

1 Upto 3 years 13 25 38

2 4-5 years 9 18 27

3 Above 5 years 11 14 25

Total 33 57 90

Null hypothesis (H0): There is no significant Relationship between Family Size and customer Perception Towards

Santro Cars.

Alternative hypothesis (H1) :There is close significant Relationship between Family Size and customer Perception

Towards Santro Cars.

CHI – SQUARE (ᵡ2) CALCULATION:

Calculated ᵡ 2 value=6.913,Df=2,Table Value=5.991,Level of Significant=5%It is found from the above analysis

that calculated Chi–square value greater than the table value at 2 dfand null hypothesis rejected. So, we concluded

that, there is close significant relationship between the family size and customer Perception towards Santro Cars.

Table 26:Overall Perception Level Of The Respondents Towards Various Attributes Of Santro Cars

S.No Attributes Very high High Moderate Low Very low

1 Price

8 23 52 7 0

2 Brand Name 14 63

12 0 0

3 comfort

6 44 36 4 0

4 safety

5 41 38 6 0

5 interiors

4 68 16 2 0

6 exteriors

7 52 27 4 0

7 mileage

13 46 23 8 2

8 performance

15 66 4 5 0

9 Maintenance

Cost 3 58 14 11 16

10 others 4 57 20 3 6

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From the foregoing discussion on the consumer perception of Hyundai Santro Cars in Nagapattinam City the

following are the main findings of the study.

5.RESULT AND DISCUSSION

53.3 % of the respondents were fall in the age group of above 40 years and 20.0 % of the respondents were fall in

the age group of 30 years. 68.9 % of the respondents were belongs to male Category and 31.1 % of the respondents

belongs to female category.74.4 % of the respondents were married and 25.6 % of the respondents were unmarried.

4. 53.3 % of the respondents were post graduates and 31.3 % of the respondents were graduates and 15.6 % of the

respondents were school studied. 33.4 % of the respondents were earn above Rs.25, 000; 28.9 % of the respondents

were earn between Rs.15, 001 to Rs.20, 000 and 14.4 % of the respondents were earn upto Rs.15, 000. 46.7 % of the

respondents had upto 3 members their family, 43.3 % of the respondents had 4-5 members in their family and 10.0

% of the respondents had more than 5 members in their family. 42.2 % of the respondents were used their cars upto

3 upto 3 years, 30.0 % of the respondents were used their cars between 4-5 years and 27.8 % of the respondents

were used their cars were above 5 years. 47.8 % of the respondents were drive their car between 10-25 kms per day,

23.3 % of the respondents were drive their car between 25-50 kms per day of the respondents were drive their car

were above 75 kms per day.25.6 % of the respondents were influenced by mileage, 21,1 % of the respondents were

influenced by maintenance, 12.2 % of the respondents were influenced by design of the car, 11.1 % of the

respondents were influenced by price factor and 5.6 % of the respondents were influenced by safety factors.. 46.6

respondents were influenced by self, 26.7 % of the respondents were influenced by friends and relatives, 15.6 % of

the respondents were influenced by dealers and 11.1 % of the respondents were influenced by family members.81.1

% of the respondents were seen the dealer advertisement about Santro car and 18.9 % of the respondents were did

not seen the dealer advertisement. 50.0 % of the respondents were opinion about the advertisement were attractive,

33.3 % of the respondents opinion about the advertisement were moderately attractive and 16.7 % of the respondents

were opinion about the advertisement were highly attractive. 64.4 % of the respondents were high level of

perception about Santro car and 35.6 % of the respondents were perceived medium level of car. 78.9 % of the

respondents were maintained their car as per scheduled time and 21.1 % of the respondents were maintained their

car when problems arise.52.2 % of the respondents were maintained their car by automobile dealers, 41.1 % of the

respondents were maintained their car by personal records and 6.7 % of the respondents were maintained their car

by other mechanic shop workers.47.7 % of the respondents were felt excellent about serviced offered by the dealer,

28.9 % of the respondents were felt that very good opinion about service, 15.6 % of the respondents were felt that

average about service and 7.8 % of the respondents were felt that below average about service rendered by the

dealer. 68.9 % of the respondents were satisfied for overall opinion, 26.7 % of respondents were very satisfied for

overall opinion and only 4.4 % of the respondents were dissatisfied on overall opinion.69.9 % of the respondents

were brand loyal customers in Santro cars and the rest 30.1 % were other cars as brand loyal. 81.1 % of the

respondents were certainly recommend Santro cars to their friends and relatively and 18.9 % of the respondents

were uncertain to recommend Santro cars to their friends and relatives.calculated chi-square value greater than the

table value at 2 df and null hypothesis rejected. So, we concluded that, there is close significant relationship between

the age and Customer Perception towards Santro Cars calculated chi-square value greater than the table value at 3 df

and null hypothesis rejected. So, we concluded that, there is no significant relationship between the Gender and

Customer Perception towards Santro car. Calculated chi-square value greater than the table value at 2 df and null

hypothesis rejected. So, we concluded that, there is no significant relationship between the Educational Qualification

and Customer Perception towards Santro car.calculated chi-square value greater than the table value at 3 df and null

hypothesis rejected. So, we concluded that, there is no significant relationship between the Income Level and

Customer Perception towards Santro cars.calculated chi-square value greater than the table value at 2 df and null

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hypothesis rejected. So, we concluded that, there is no significant relationship between the Family size and

Customer Perception towards Santro cars. Calculated chi-square value greater than the table value at 2 df and null

hypothesis rejected. So, we concluded that, there is no significant relationship between the Using period and

Customer Perception towards Santro cars.

6. CONCLUSION

In this competitive world, every company has to make valuable decision for profit maximization through sales

maximization. Every organization should strive to make t consumer satisfaction its work culture. In order to ensure

development of such a culture, the initiative has to come from the top management who, by their thinking, direction

and action, should convey clear message down the line without any ambiguity. It should not happen that the

organization keeps this lofty objective only for publicity and lip service and actual actions are oriented in some other

directions. The management should ensure that the staffs are trained to service the customer in a way that leaves a

lasting impression on him. In the automotive industry, product and service differentiation only highlights the

company from the competitors. The performance, service and complaint redressel are designed to achieve

excellence and customer delight. It is obvious that if these suggestions are implemented, HMIL can place a

dominant position in the market as well as in the minds of the customers.

REFERENCES

[1]. Kotler Philip, Principles of Marketing, Sultan Chand and Company Ltd., New Delhi, 2002.

[2]. Kothari C.R., Research Methodology, Wishwa Prakashan, New Delhi, 1985 (Reprint 2003).

[3]. D. Aaker, V. Kumar, and G. Day – Marketing Research, Singapore, John Wiley & Sons (ASIA) Pte ltd,

Seventh Edition, 2003.

[4]. Gilbert A. Churchill, Jr., Marketing Research Methodological Foundations, USA, The Dryden Press, Fifth

Edition, 1991.

[5]. Richard I. Levin David S. Rubin, Statistics for Management, USA, Prentice – Hall, Inc, Seventh Edition,

2002.