consumer behaviour towards small car segment in indian market
TRANSCRIPT
![Page 1: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/1.jpg)
CONSUMER BEHAVIOUR TOWARDS SMALL CAR SEGMENT
IN INDIAN MARKETPRESENTED BY :-
SAURAV MANN
SAURABH SRIVASTAVA
DANISH ASHRAF WARSI
VISHAL SRIVASTAVA
![Page 2: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/2.jpg)
REVIEW OF LITERATURE
Constant changes in customer demands lead manufactures to produce new
and improved designs.
Automation of manufacturing technologies allows this (Hoffhian , l984).
Saxena (2000) analysed the satisfaction level amongst customers of
premium cars - Opel Astra, Ford Escort, Maruti Esteem and Daewoo
Cielo- in Indore.
For measuring brand satisfaction level amongst the four manufacturers,
eight attributes (service, spare parts availability, safety, leg space , boot
space, price, style, resale) were listed in the questionnaire.
![Page 3: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/3.jpg)
CONT…..
In the developed world, technology has always played an important consideration for vehicle manufacturers as customers have always embraced state of the art cars.
The study by Ealey and Mercer(1999) stated that different countries accept technology at different rates.
Ealey and Mercer(2000) suggested that auto companies must build on their long term relationships with customers.
![Page 4: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/4.jpg)
CONT…..
Like many other industries, the scenario in domestic Indian Automobile Industry is quite different from the Global Automobile Industry.
Compared to the global automobile sector, where substantial research has been done, very little empirical research has been conducted on the Indian automobile industry.
This research attempts to study the consumer perception towards various features of small cars that motivates them to buy new cars and consumer expectation from the car makers in small car segments.
For car manufacturers, the pursuit of new features and insight to consumer perception is essential for being competitive as well as to explore new business opportunities.
![Page 5: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/5.jpg)
RESEARCH PROCESS
Research Objective
The research objective is to understand consumers' perception towards various automobile
features and their preferences towards a particular brand of small car.
The research would determine what are the primary automobile features that most
influence the consumers' buying behaviour and consumer expectation for new product
developments in this sector
Survey Technique
The survey uses an online questionnaire and it was conducted among residents of Delhi
and nearby cities like Noida, Ghaziabad, Gurgaon, Faridabad etc., together known as
National Capital Territory (NCT) in North India between 3rd and 4th Jan 2015.
The respondents were selected at random. The online questionnaire was sent to 120 people
and finally 70 complete and valid responses were taken
![Page 6: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/6.jpg)
CONT…..
Questionnaire Design
The online questionnaire comprising of 25 questions was preparedkeeping in mind the objective of the research.
It consists of questions on consumers' choice of cars, consumersperception on the various features/attributes which influence therespondents to choose a particular brand , source of information forvarious automobile brands and related to their demography.
It uses Likert scale on a scale of 1 to 5 where 1 signifies leastsignificant and 5 signify most significant.
![Page 7: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/7.jpg)
SAMPLING
Sampling is the process whereby a researcher choose their sample
We have used Convenience Sampling which is a part of non probability sampling technique.
![Page 8: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/8.jpg)
![Page 9: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/9.jpg)
DATA COLLECTION AND ENTERY
The survey uses an online questionnaire and it was conducted among residents of Delhi and nearby cities like Noida, Ghaziabad, Gurgaon, Faridabad etc., together known as National Capital Territory (NCT) in North India between 3rd and 4th Jan 2015.
The respondents were selected at random. The online questionnaire was sent to 120 people and finally 70 complete and valid responses were taken
In order to understand the diversity of consumers' from different cities in India when purchasing a small car by the respondents, we have evaluated each attribute on a 1-5 scale, where '1' indicated 'least significant' and '5' indicated 'most significant'.
![Page 10: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/10.jpg)
PARAMETERS OF SURVEY
DEMOGRAPHIC PROFILE OF THE RESPONDENTS
CONSUMERS PERCEPTION ON THE VARIOUS FEATURES/ATTRIBUTES
DEMOGRAPHIC PROFILE OF THE RESPONDENTS
AGE
SEX
OCCUPATION
FAMILY INCOME
![Page 11: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/11.jpg)
CONT…..
CONSUMERS PERCEPTION ON THE VARIOUS FEATURES/ATTRIBUTES
COMPONENTS
1. AESTHETICS
EXTERIOR LOOKS
BRAND
FRIENDLINESS
TECHNOLOGY
AVALIBALITY
INTERIOR DESIGN
![Page 12: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/12.jpg)
CONT…..
2. COST
PRICE
FUEL EFFICIENCY
AFTER SALES SERVICE
SAFETY FEATURES
MAINTENANCE COST
WARRANTY AND FREE SERVICE
![Page 13: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/13.jpg)
CONT…..
3. SPACIOUS
LEG SPACE
ENGINE CAPACITY (cc)
SEATING CAPACITY
GROUND CLEARANCE
![Page 14: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/14.jpg)
CONT…..
4. TRUST AND RELIABILTY
PUBLIC PERCEPTION
AUDIO SYSTEM
STURDINESS OF VEHICLE
PROMOTIONAL SCHEMES AVAILABLE
![Page 15: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/15.jpg)
SNAP SHOT OF SURVEY
![Page 16: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/16.jpg)
REFERNCE
Hoffiman. D. (1984). Using an electronic spreadsheet to suppon the analytic hierarchy process. In: Proceedings of the 16th Annual Meeting of the American Institute for Decision Sciences, 12.653-655.
Saxena, R.P. (2000). Owners of premium cars and their satisfaction level: An empirical investigation, Paradigm, 4 (1).
Ealey, L. & Mercer, G. (1999). Telematics: where the radio meets the road, The McKinsey Quarterly, 2.
Ealey, L. & Mercer, G. (2000). The Automative Industry: A 30000 mile checkup, The McKinsey Quarterly, 1.
![Page 17: Consumer behaviour towards small car segment in Indian market](https://reader030.vdocuments.us/reader030/viewer/2022032616/55a86e601a28abd75f8b46c4/html5/thumbnails/17.jpg)
THANK YOU