CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
A STUDY ON CONSUMER PREFERENCE OF TVS MOTORCYCLE WITH SPECIAL REFERENCE TO MURUGESAN MOTORS, PERIYAKULAM TALUK 2008
INTRODUCTION OF THE STUDY Marketing is societal process by which individuals and groups obtain what they need and want through creating offering and freely exchanging products and services of value with others. Marketing managements as they are and science of choosing target market and getting keeping and growing customers through creating, delivering and communicating superior customer value. Markets can be classified in May ways, namely local market, national market and international market. Marketing is a process by means of which goods and services can be exchanged. On the other hand marketing is a wider and more comprehensive term. It includes the whole process of distribution. Marketing is the business process by which products are matched with the market and through which transfer of ownership is affected. Marketing has changed dramatically, evolving from the old fashioned concept of simply providing the goods and making it available for consumer to be day’s highly competitive marketing strategies. What is Customer • A customer is not dependent on us. .. We are dependent on him.. • A Customer is not an interruption of our work. He is her purpose if it we are not doing a favour by giving us the opportunity to do so.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
• A customer is not someone to argue or match with. Nobody ever won an argument with a customer. • A customer is a person who brings us his wants it is our job to handle them profitably to him and to ourselves. To day more companies are recognizing the importance of satisfying and retaining customer. Satisfied customer constitute the company’s relationship capital. If the company were to be sold, the acquiring company would have to pay not only for the plant and equipment and the brand name, but also for the delivered customer base, namely the number and value of the customer who would do business with the new firm. Advantage of the consumer Brand goods are generally of good quality because brand owners try to maintain quality in order to secure stronger market position. Since branded goods are produced on mass scale are readily available the customer not face and hard ship in purchasing the products. Prices of branded goods are uniform thought out the country. Brand A brand is name, term symbol or design to identify the goods or service and to differentials them
those of the competitions. A brand identifies the
products for a buyer. Brand name A brand name consists of words, letter and 10% numbers which may be vocalized and refers to products.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
Brand equity Brand equity is what marketing is all about and maintains it is probably the most important task for any company. It is identity that includes al the assets that you build around a product to convert it into a head brand. After all the customer buys brands products. Brand image Every brand image is partially designed formal product image the product image relates to the fundamental aims and satisfied with the consumers find in a particulars product. Brand image and product image must conform to each other in the long run. Brand preference Brand preference means liking at one brand rather than another. In other words, brand preference is “ The prior right, favored position, better liking given to a particular brand of product. Consumer behavior According to Webster, “ buyer behavior is all phychological, social and physical behavior of potential customer as they became aware of evaluate purchase consumer and tell other people about products and services. Buyer behavior emphasis that this behavior is both individual process and group processes. If follows the buyer from awarness through to post purchase evaluation. It includes communication purchasing, and consumption behavior. Consumer behavior helps as to under stand the purchase behavior and preference of different consumers. Manufactures and service companies who brand their products must choose which brand names to use. Four strategies are available.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
Individual names. Blanket family names. Separate family names for all products. Corporate name combined with individual product names. Once a company decides on its brands name strategy it faces the task of choosing a specific brand name. The company could choose the name of a person location quality, lifestyle or an artificial name. companies need to periodically audit their brands strengths and weaknesses companies will occasionally discover hat it may have to reposition the brand because of changing customer preference or new competitors.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
INTRODUCTION OF THE INDUSTRY HISTORY The Britannica Encyclopaedia describes a motorcycle as a bicycle or tricycle propelled by an internal-combustion engine (or, less often, by an electric engine). The motors on minibikes, scooters, and mopeds, or motorized velocipedes, are usually air-cooled and range from 25 to 250 cubic cm (1.5 to 15 cubic inches) in displacement; the multiple-cylinder motorcycles have displacements of more than 1,300 cubic cm. The automobile was the reply to the 19th-century dream of self-propelling the horse-drawn carriage. Similarly, the invention of the motorcycle created the self-propelled bicycle. The first commercial design was a three-wheeler built by Edward Butler in Great Britain in 1884. This employed a horizontal singlecylinder gasoline engine mounted between two steerable front wheels and connected by a drive chain to the rear wheel. The 1900s saw the conversion of many bicycles, or pedal cycles by adding small, centrally mounted spark ignition engines. There was then felt the need for reliable constructions. This led to road trial tests and competition between manufacturers. Tourist Trophy (TT) races were held on the Isle of Man in 1907 as reliability or endurance races. Such were the proving ground for many new ideas from early two-stroke-cycle designs to supercharged, multivalve engines mounted on aerodynamic, carbon-fibre reinforced bodywork.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
INVENTION OF TWO WHEELERS The invention of the first two-wheeler is a much-debated issue. "Who invented the first motorcycle?" may seem like a simple question, but the answer is quite complicated. Two-wheelers owe their descent to the "safety" bicycle, i.e., bicycles with front and rear wheels of the same size, with a pedal crank mechanism to drive the rear wheel. Those bicycles, in turn descended from high-wheel bicycles. The highwheelers descended from an early type of pushbike, without pedals, propelled by the rider's feet pushing against the ground. These appeared around 1800, used iron-banded wagon wheels, and were called "bone-crushers," both for their jarring ride, and their tendency to toss their riders. Gottlieb Daimler (who later teamed up with Karl Benz to form the Daimler-Benz Corporation) is credited with building the first motorcycle in 1885, one wheel in the front and one in the back, although it had a smaller spring-loaded outrigger wheel on each side. It was constructed mostly of wood, the wheels were of the iron-banded wooden-spoked wagon-type, it definitely had a "bone-crusher" chassis! This two-wheeler was powered by a single-cylinder Otto-cycle engine, and may have had a spray-type carburetor. (Wilhelm Maybach, Daimler's assistant, was working on the invention of the spray carburetor at the time). If two wheels with steam propulsion can be called a motorcycle, then the first one may have been American.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
One such machine was demonstrated at fairs and circuses in the eastern US in 1867. This was built by one Sylvester Howard Roper of Roxbury, Massachusetts. There is an existing example of a Roper machine, dated 1869. A charcoal-fired two-cylinder engine, whose connecting rods directly drive a crank on the rear wheel, powers it. This machine predates the invention of the safety bicycle by many years, so its chassis is also based on the "bone-crusher" bike.
ORIGIN OF MOTOR-SCOOTERS Edward Butler, an Englishman, built the first motor tricycle in 1884. The first gasoline-engine motorcycle to appear publicly was built by Gottlieb Daimler, of Bad Cannstatt, Germany, in 1885. The first practical engines and motorcycles were designed by the French and Belgians, followed by British, German, Italian, and American makers. The popularity of the vehicle grew, especially after 1910. During World War I the motorcycle was used by all branches of the armed forces in Europe, principally for dispatching. After the war it enjoyed a sport vogue until the Great Depression began in 1929. After World War II a revival of interest in motorcycles lasted into the late 20th century, with the vehicle being used for high-speed touring and sport competitions.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
The practice of attaching auxiliary engines to bicycles in western Europe and parts of the United States led to the development during the 1950s of a new type of light motorcycle, the moped. Originating in Germany as a 50-cubiccentimeter machine with simple controls and low initial cost, it was largely free of licensing and insurance regulations except in Great Britain. The more sophisticated motor scooter originated in Italy soon after World War II, led by manufacture of a 125-cubic-centimeter model. Despite strong competition from West Germany, France, Austria, and Britain, the Italian scooters maintained the lead in the diminishing market. The scooter has small wheels from 20 to 36 cm (8 to 14 inches) in diameter, and the rider sits inside the frame. Power units are placed low and close to the rear wheel, which is driven by bevel gearing or chain. Capacities vary from 50 to 225 cubic cm, and four-speed gearing is common.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
INITIAL HIT Most of the development during this earliest of eras concentrated on three and four-wheeled designs, since it was complex enough to get the machines running without having to worry about them falling over. The next really notable two-wheeler was the Millet of 1892. It used a 5-cylinder engine built as the hub of its rear wheel. The cylinders rotated with the wheel, and its crankshaft constituted the rear axle. The first really successful production two-wheeler though, was the Hildebrand & Wolfmueller, patented in Munich in 1894. It had a step-through frame, with its fuel tank mounted on the downtube. The engine was a parallel twin, mounted low on the frame, with its cylinders going fore-and-aft. The connecting rods connected directly to a crank on the rear axle, and instead of using heavy flywheels for energy storage between cylinder-firing, it used a pair of stout elastic bands, one on each side outboard of the cylinders, to help out on the compression strokes. It was water-cooled, and had a water tank/radiator built into the top of the rear fender. In 1895, the French firm of DeDion-Buton built an engine that was to make the mass production and common use of motorcycles possible. It was a small, light, high revving four-stroke single, and used battery-and-coil ignition, doing away with the troublesome hot-tube. Bore and stroke figures of 50mm by 70mm gave a displacement of 138cc. A total loss lubrication system was employed to drip oil into the crankcase through a metering valve, which then sloshed around to lubricate and cool components before dumping it on the ground via a breather. DeDion-Buton used this 1/2 horsepower powerplant in roadgoing trikes, but the engine was copied and used by everybody, including Indian and Harley-Davidson
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
in the U.S. Although a gentleman named Pennington built some machines around 1895 (it's uncertain whether any of them actually ran), the first US production motorcycle was the Orient-Aster, built by the Metz Company in Waltham, Massachusetts in 1898. It used an Aster engine that was a French-built copy of the DeDion-Buton, and predated Indian (1901) by three years, and HarleyDavidson (1902) by four.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
PROFILE OF THE COMPANY TVS Group TVS group was established in 1911 as a bus service in Madurai by Late Shri. TVS Sundram Iyangar. After some years of services they started automobile company with limited capital TVS motors is a gusty performer. It is declared a splendid result for quality for the financial year 2002. It is the first year post separation with Suzuki but the company just surprised its critics though its excellent performance. DEVELOPMENT AND IMPACT Name changed to TVS motor After the exit of Suzuki from the joint venture, selling its 25.97% stake at Rs.15 per share to sundaram claylon, the board in November decided to change the name of the company to TVS motors Ltd. Early end to licensing agreement In December 2001, TVS sought an early end to its licensing agreement with Suzuki by giving the mandatory 120 days prior notice. Accordingly the licensing agreement has came to an end in April. TVS can now launch products under its own brand name . Victory with victory In the end at 2001,the company had launched indigenously developed 110cc bike the victor in the executive segment. Priced at around 41,200. (ex-
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
show room Chennai) the company had invested to 70 crosses on the project and has been amply rewarded. The products has been a huge hit given its high mileage and competitive pricing coupled with a higher cc engine for its class. TVS motors opening a plant in Indonesia TVS motors is considering opening up a manufacturing plant in the south eastern asian country of Indonesia and they would be finalizing the plans within a month itself. They are planning to start production with in 15 months and the estimated investment is expected to be in the region of USD 50 million. The company would be launching a series of motor cycles in the Indonesian market to compliments sales in the local industry. Some of the variants of their popular models like victor and start are expected to make entry in to the Indonesian market. TVS motors plans to sell more than a million bikes this year and want to capture at least 15% of the market share in the Indian sector. The motor bike market grew by around 20% last year through TVS itself saw a 5% drop in sales figures. Much of it can be blamed on the entry of the Honda as an independent unit in the market. The company’s latest product centra trough technically quite advance has failed to generate any fire on the sales chart. They are also planning to enter the three – wheeler market next year with a planed investment of around Rs.100 Crores for a plant at mysore. Sachin to promote TVS TVS has roped in Sachin Tendulkar as the brand ambassador. The contract entered for an undisclosed sum would be for a period of three years. The company would be spending 50 crores on building the TVS brand as a whole rather than spending on advertising on products.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
To end royalty payment TVS will no longer have to pay royalty to Suzuki on its motor cycles after the end of the licensing agreement. To increase research and development The company will be increasing its research and development from 1.8% of sales to 3.6% of sales in the next year. To invest 200 crores for expansion The company has announced plans to invest Rs.200 crores to increase the capacity up to 1.2 million unit a year no meet the increasing demand for its motor cycles. In the export front TVS motor company recorded its highest ever exports of 11,008 units in august 2006, at a growth of 71% compared to the same period last year. Achievement of TVS motor company
TVS motor company records 28% growth in motor cycles.
TVS motors company report turn over of Rs.939.62 crores record 26% growth.
TVS motor company sales up by 23%
TVS bike sales up by 53%
Market Launches of TVS group India’s first 2 seater 50cc moped, TVS 50 in August 1980. Introduced 100cc indo – Japanese motorcycle in September 1984 Introduced first indigenous scooter (Sub – 100 cc variomatic scooters), TVS scooty in June 1994.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
First catalytic converter enabled motor cycles, the 110 cc shogun in December 1996. Launched India’s first 5 speed motor cycle the shaolin in October 1997. Launched TVS victor, 4 stoke 110 cc motor cycle, in august 2001. India’s first indigenously designed and manufactured motor cycle. Launched TVS centra in January 2004, a world class 4 stoke 100 cc motor cycle with the revolutionary VT-I engines for best in-class mileage Introduced TVS star in September 2004, a 100 cc motor cycle with is ideal for rough terrain Acknowledged by the Japanese for quality TVS motor company have been awarded the prestigious and converted Deming prize, institute by jose. (Japanese union of scientists and engineers). TVS motors was also awarded the prestigious TPM excellence award first category by Japanese institute of plant maintenance, rated as the bench mark in TPM excellence in India. Asian network for quality award 2004 TVS Scooty Pep won the prestigious out standing design excellence award from business world and national institute of design. Star of asia award to Mr. Venu Srivasan , CMD TVS motor company by business week international. Venu srinivasan, chairman and managing director, TVS motor company was honoured with doctorate in science by university of warwick united kingdom. Present condition of the company Largest and automotive components groups in India.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
Diversified in to customer durable, computer peripherals and two wheelers. Largest automotive components manufacturing group in India. Joint venture with world leaders. Sales turnover of Rs. 75000 crores.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
IMPORTANCE OF THE STUDY In this competitive modern age, where different qualities and types of goods exist, branching is of special importance in the business world branding not only gives separate identify and easy recognition of the product but also creates a special brand preference. Consumer are aware of and prefer particular brand when it is available for purchase. The competition among the bike makers is growing day-to-day. The Indian auto industry is also subject to tremendous, changes, with the opening up to the domestic corporation to meet challenges vehicle productivity, entrance market orientation loyalty. For knowing consumer taste and preferences, consumer oriented survey place an important role in the entire market. In modern day, vehicle is a necessary one from every family to keep the prestige of holding them in the society.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
OBJECTIVES OF THE STUDY Primary objectives To find out the factors behind the customer preference for TVS two wheelers. Secondary objectives 1. To know the awarness about TVS vehicles among the vehicles users. 2. To find out the opinion of the respondents regarding TVS vehicles, like cost price, mileage, maintenance cost and gear opinion of their vehicles. 3. To study the importance criteria the consumer looks for the product performance. 4. To analyze the service rendered and level of consumer satisfaction through delivery process.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
RESEARCH METHODOLOGY Meaning of research Research is common parlance refers to a search for knowledge. Once can also define research as a scientific and systematic search for pertinent information on a specific topic. In fact research is an art of science investigation. Definition The advances learners dictionary of current English lays down the meaning of research as “ a careful investigation or inquiry through search for new facts in any branch of knowledge. REDMAN and MORY define research as “a systematical effort to gain new knowledge”. Research design The research design is the determination and statement of general research approach of strategy adopted for the particular product. It is the heart of the planning which the design adheres to the research objected which will ensure that the needs will be served. Descriptive adoptive has been followed in the study as it is invested to produce accurate descriptive of various relevant to the decision faced without demonstrating that some relationship exist with in variable. It is used to measure the behavior variables of people of subject who are under the study.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
Area of the study The area of the study is TVS two wheeler vehicles users in coimbatore city. Methods of data collection A questionnaire used as data collection pool the researcher interviews the respondents. Respondents in the questionnaire filled information. Primary data The primary data has been collected by conducting direct interview using structured questionnaire. Secondary data The secondary data are collected from books, journals, company records internet. Analysis Analysis is done on the basis of sample percentage and statistical analysis. Sampling technique There are two sampling techniques. They are probability sampling non probability sampling. In this study the research had adopted convenient sampling. Sampling size Sampling size taken from the study is 130 respondents. Statistical tools used 1. simple Percentage Analysis 2. Chi –Square test. 3.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
1. Simple Percentage Analysis The percentage method is used for comparing certain feature. The collected data represented in the from of tables and graphs in order to give effective visualization of comparison made. Actual population Sample Percentage
=
X 100 Sample size
2. Chi – Square Analysis test It is useful to determine the sign can’t relationship between the two variables The formula is used for chi-square test. chi-square = (o-e)2 e where, o
Observed frequency
e
Expected frequency
Expected frequency is calculated as follows Row total X column total Expected value
= Grand total
Degree of freedom
=
(r-1) X(c-1)
Where, R
-
Number of rows
C
-
Number of columns.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
LIMITATIONS OF THE STUDY 1. This study is limited to Coimbatore city and therefore the findings of the study cannot it be extended to other areas. 2. The samples have been collected from the limited number of respondents. 3. Time achieve is considered inadequate to conduct such survey. 4. The result of the study may not be generalized to all. 5. Some of the respondents were non co-operative.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.1 TABLE SHOWING AGE GROUP OF THE RESPONDENTS Age 20-30
No. of respondents 55
% 42
30-40
36
28
40-50
25
19
50-60 Total
14 130
11 100
Interpretation The above table show that 42%of the respondents are between the age group of 20-30, 28% of the respondents between the age 30-40, 19% of the respondents between the age 40-50, 11% of the respondents between the age 50-60.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO -1 REGARDING THE AGE GROUP OF THE RESPONDENTS
45 40 35
Percentage
30 25
20-30 30-40 40-50 50-60
20 15 10 5 0 Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.2 TABLE SHOWING THE OCCUPATION OF THE RESPONDENTS occupation
No. of respondents 75
58
Government employee
15
11
Business man
20
15
Students
10
8
others
10 130
8 100
Private employee
Total
%
Interpretation From the above table it can be analysis that above 58% of the respondents are occupied in private employee, 15% of the respondents are business man, 11% of the respondents are government employees, , 8% of the respondents students,8% of the respondents others.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 2. CHART REGARDING THE OCCUPATION OF THE RESPONDENTS
60
Percentage
50 40 Private employee Government employee
30
Business man Students Others
20 10 0
Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.3 TABLE SHOWING THE NUMBER OF FAMILY MEMBERS Family members 1-2
No. of respondents 10
% 8
2-4
65
50
4-6
50
38
6 and above Total
5 130
4 100
Interpretation The above table shows that 50% of the respondents have a 2-3 family members using the vehicle. 38% of the respondents have a 4-6 family members, 8% of the respondents have a 1-2 family members using the vehicle, 4% of the respondents have a 6 and above family members.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO- 3 CHART REGARDING THE NUMBER OF FAMILY MEMBERS
60
50
Percentage
40 1to2 2to4 4to6 6 and above
30
20
10
0 Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.4 TABLE SHOWING THE MONTHLY INCOME OF THE RESPONDENTS.
Income 3000-5000
No. of respondents 44
% 34
5001-7000
37
28
7001-9000
27
21
9000 above Total
22 130
17 100
Interpretation The above table shown that 34% of the respondents have a monthly income up to 3000-5000, 28% of the respondents have a monthly income 5001-7000, 21% of respondents have a monthly income 7001-9000. 17% of the respondents have a monthly income 9000 above.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 4 CHART REGARDING THE MONTHLY INCOME OF THE RESPONDENTS
Particulars
9000 above 7001-9000 5001-7000 3000-5000
0
10
20 Percentage
30
40
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.5 TABLE SHOWING THE MOST PREFERRED MODEL IN TVS BY THE RESPONDENTS Particulars TVS MAX R100
No. of respondents 51
% 39
TVS victor
34
26
TVS star city
28
22
TVS apache
17
13
Interpretation The above table shows that 39% of the respondents prefer TVS MAX R100, 26% of the respondents prefer TVS victor, 22% of the respondents prefer TVS star city , 13% of the respondents prefer TVS apache.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO – 5 CHART REGARDING THE MOST PREFERRED MODEL IN TVS BY THE RESPONDENTS
40 35
Percentage
30 25 20 15 10 5 0
Particulars
TVS MAX R100 TVS star city
TVS victor TVS apache
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.6 TABLE SHOWING THE MODE OF PURCHASE BY THE RESPONDENTS Particulars
No. of respondents
%
Loan
91
70
Cash
39
30
130
100
Total Interpretation
The above table shows that 70% of the respondents have resorted to loan, 30% of the respondents have resorted to cash.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 6 CHART REGARDING MODE OF PURCHASE BY THE RESPONDENTS.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.7 TABLE SHOWING THE MILEAGE PERFORMANCE OF THE VEHICLE USED BY THE RESPONDENTS. Particulars 50-60
No. of respondents 59
% 45
60-70
38
29
70-80
20
16
80 and above Total
13 130
10 100
Interpretation The above table shows that about 45% of the respondents are getting a mileage of above 50-60 kilometers, 29% of the respondents are a getting a mileage of 60-70, 16% of the respondents are getting a mileage of 70-80, 10% of the respondents are getting a mileage 80 and above.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 7 CHART REGARDING THE MILEAGE PERFORMANCE OF THE VEHICLE USED BY THE RESPONDENTS
45 40 35
Percentage
30 50-60 60-70 70-80 80 and above
25 20 15 10 5 0
Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.8 TABLE SHOWING THE TYPE OF MEDIA PREFERRED BY THE RESPONDENTS.
Particular
%
Television
No of responden ts 58
Newspaper
38
29
Magazine
20
15
Banners
14 130
11 100
Total
45
Interpretation The above table shows that about 45% of the respondents have seen the TVS vehicles is advertisement on Television. 29% of the respondents have seen through newspaper. 15% of the respondents have seen through magazine. 11% of the respondents have seen through banners.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO – 8
CHART REGARDING THE TYPE OF MEDIA PREFERRED BY THE RESPONDENTS
45 40 35
Percentage
30 Television Newspaper Magazine Banners
25 20 15 10 5 0
Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.9 TABLE SHOWING THE MAINTENANCE COST BY THE RESPONDENTS PER MONTH. Particulars 1000
No. of respondents 78
% 60
2000
32
25
3000
12
9
4000 and above Total
8 130
6 100
Interpretation The above table indicated that about 60% of the respondents are incurring maintenance cost of Rs. 1000, 25% of the respondents are incurring maintenance cost of Rs.2000, 9% of the respondents are incurring maintenance cost of Rs. 3000, 6% of the respondents are incurring maintenance cost 4000 and above.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 9 CHART REGARDING THE MAINTENANCE COST BY THE RESPONDENTS PER MONTH
70
Percentage
60 50
1000
40
2000 3000
30
4000 and above
20 10 0 Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.10 TABLE SHOWING THE PURPOSE OF THE VEHICLE USED BY THE RESPONDENTS. Particulars Official
No. of respondents 55
42
Personal
75
58
130
100
Total
%
Interpretation The above table shows that 58% of the respondents are using the vehicle for personnel use. 42% of the respondents are using the vehicle for official use.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 10 CHART REGARDING THE PURPOSE OF THE VEHICLE USED BY THE RESPONDENTS
60 50
Percentage
40 Official Personal
30 20 10 0 Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.11 TABLE SHOWING THE USAGE OF THE VEHICLE BY THE RESPONDENTS. Particulars 0-1 years
No. of respondents 17
% 13
1-2 years
26
20
2-3 years
36
28
3 years & above Total
51 130
39 100
Interpretation The above table shows that 39% of the respondents are using the vehicle for 3 years and above, 28% of the respondents are using 2-3 years, 20% of the respondents are using 1-2 years, 13% of the respondents are using below 1 year.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 11 CHART REGARDING THE USAGE OF THE VEHICLE BY THE RESPONDENTS IN YEARS .
40 35
Percentage
30 25 0-1 years 1-2 years 2-3 years 3 years & above
20 15 10 5 0
Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.12 TABLE SHOWING GEAR OPINION OF THE RESPONDENTS. Particulars
No. of respondents 26
20
Good
69
53
Modification
25
19
Poor
10 130
8 100
Excellent
Total
%
Interpretation The above table shows that 53% of the respondents opinion about the gear system is good. 20% of the respondents opinion was excellent, 19% of the respondents opinion was modification, 8% of the respondents opinion was poor.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO -12 CHART REGARDING GEAR OPINION OF THE RESPONDENTS
8
20
19
53
Excellent
Good
Modification
Poor
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.13 TABLE SHOWING REASON FOR PURCHASE OF THE MODEL Particulars
No. of respondents 60
46
Style
28
22
Mileage
37
28
Advertisement Total
5 130
4 100
Comfort
%
Interpretation The above table shows that 46% of the respondents feel that comport is the reason for purchase model, 28% of the respondents feel that mileage, 22% of the respondents feel that style, 4% of the respondents feel that advertisement.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO -13 CHART REGARDING THE REASON FOR PURCHASE OF THE MODEL
50 45 40
Percentage
35 30 25 20 15 10 5 0
Particulars
Comfort
Style
Mileage
Advertisement
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.14 TABLE SHOWING THE COST OF VEHICLE Particulars
No. of respondents 37
28
Moderate
66
51
Low
27 130
21 100
High
Total
%
Interpretation The above table indicates that 51% of the respondents feel that moderate the cost of vehicle. 28% of the respondents feel that high, 21% of the respondents feel that low.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO -14 CHART REGARDING COST OF THE VEHICLE
60 50
Percentage
40 30 20 10 0 Particulars High
Moderate
Low
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.15 TABLE SHOWING THE WARRANTY PERIOD Particulars Yes
No. of respondents 112
86
No
18
14
130
100
Total
%
Interpretation The above table we can inter that about 86% of the respondents are feeling that the warranty period is helpful, 14% of the respondents are feeling that did not get the warranty period.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 15 CHART REGARDING THE WARRANTY PERIOD
14
86 Particulars
Yes
No
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.16 TABLE SHOWING THE USING THE VEHICLE FOR HOW MANY HOUR A DAY Particulars
%
0-1 hour
No. of respondents 12
1-2 hour
28
22
2-3 hour
55
42
more than 3 hours Total
35 130
27 100
9
Interpretation The above table shows that 42% of the respondents are using the vehicle for a day 2-3 hours, 27% of the respondents are using the vehicle for a day more than 3 hours, 22% of the respondents are using the vehicle for a day 1-2 hours, 9% of the respondents are using the vehicle below 1 hours per day.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 16 CHART REGARDING USING THE VEHICLE FOR HOW MANY HOUR A DAY
45 40 35
Percentage
30 0-1 hour 1-2 hour 2-3 hour more than 3 hours
25 20 15 10 5 0
Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.17 TABLE SHOWING SPARE PARTS AVAILABILITY WITH THE LOCAL DEALERS Particulars satisfied dissatisfied Total
No. of respondents 105
% 81
25
19
130
100
Interpretation The above the table shows that 81% of the respondents are satisfied with the spare parts availability with the local dealers 25% of the respondent are dissatisfied.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO -17 CHART REGARDING THE SPARE PARTS AVAILABILITY WITH THE LOCAL DEALERS
90 80 70
Percentage
60 50 satisfied dissatisfied
40 30 20 10 0 Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.18 TABLE SHOWING THE LEVEL OF SATISFACTION OF THE RESPONDENT WITH AFTER SALES AND SERVICE. Particulars Highly satisfied
No. of respondents 73
% 56
satisfied
39
30
Dis-satisfied
11
9
Highly dis-satisfied Total
7 130
5 100
Interpretation The above table shows that 56% of the respondents are highly satisfied with the after sales and service, 30% of the respondents are satisfied, 9% of the respondents are dis satisfied, 5% of the respondents highly dis satisfied.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO -18 CHART REGARDING THE LEVEL OF SATISFACTION OF THE RESPONDENT WITH AFTER SALES AND SERVICE.
60 50 40 30 20 10 0
Highly satisfied Satisfied Dissatisfied Highly dissatisfied
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.19 TABLE SHOWING PROBLEM FACED BY THE RESPONDENTS. Particulars
No. of respondents 26
15
Pick up
75
58
Mileage problem
35
27
Battery problem Total
0 130
0 100
Starting trouble
%
Interpretation The above table shows that 58% respondents faced pick up problem, 27% of the respondents faced mileage problem, 15% of the respondents faced starting trouble problem.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 19 CHART REGARDING THE PROBLEM FACED BY THE RESPONDENTS
70 60 50 40
Starting trouble Pick up Mileage problem Battery problem
30 20 10 0 Partcular
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO.20 TABLE SHOWING THE RESPONDENTS OPINION ABOUT LONG RIDING OF THE VEHICLE Particulars Wonderful
No. of respondents 15
% 11
Excellent
28
22
Good
66
51
Poor
21 130
16 100
Total Interpretation
The above table shows that 51% of the respondents are long riding is good, 22% of the respondents are long riding is excellent, 16% of the respondents are long riding is poor, 11% of the respondents are long riding is wonderful.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO - 20 CHART REGARDING THE RESPONDENTS OPINION ABOUT THE LONG RIDING OF THIS VEHICLE
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
60
Percentage
50 40 W onderful Excellent Good Poor
30 20 10 0
Particulars
TABLE NO. 21
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE SHOWING THE RESPONDENTS PLAN FOR CHANGING THEIR VEHICLES Particulars
No. of respondents
%
Yes
40
31
No
90
69
130
100
Total
Interpretation The above table shows that 69% of the respondents have no idea to change the vehicle. 31% of the respondents says to change the vehicle.
CHART NO - 21
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART REGARDING THE RESPONDENTS PLAN FOR CHANGING THEIR VEHICLES
Yes No
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO. 22 TABLE SHOWING THE RESPONDENTS ALTERNATIVE PREFERENCE Particulars Honda
No. of respondents 5
% 4
Hero Honda
65
50
Bajaj
40
30
yamaha
20 130
16 100
Total Interpretation
The above table shows that 50% of the respondents alternative preference of the vehicle is Hero honda, 30% of the respondents alternative preference of the vehicle is Bajaj, 16% of the Respondents alternative preference of the vehicle is Yamaha, 4% of the respondents alternative preference of the vehicle is Honda.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO-22 CHART REGARDING THE RESPONDENTS ALTERNATIVE PREFERENCE
50 45 40
Percentage
35 30
Honda Hero Honda Bajaj yamaha
25 20 15 10 5 0 Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TABLE NO. 23 TABLE SHOWING OVERALL PERFORMANCE OF THE VEHICLE USED BY THE RESPONDENTS Particulars
No. of respondents 60
46
Satisfied
31
24
Moderate
26
20
Dissatisfied Total
13 130
10 100
Highly satisfied
%
Interpretation The above table shows that 46% of the respondents feet that they are highly satisfied with the overall performance.24% of the respondents feet that satisfied, 20% of the respondents feet that moderate, 10% of the respondents feel that they dis-satisfied.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHART NO -23 CHART REGARDING THE OVERALL PERFORMANCE OF THE VEHICLE USED BY THE RESPONDENTS
50 45 40 35 30
Highly satisfied Satisfied Moderate Dissatisfied
25 20 15 10 5 0
Particulars
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CHI - SQUIRE ANALYSIS TEST - 1 RELATIONSHIP BETWEEN AGE AND TYPES OF MODEL Age group
Types of model TVS TVS Star city Apache
TVS Victor
20-30 30-40 40-50 50-60
TVS MAX R 100 24 12 8 7
Total
16 10 6 2
7 12 6 3
8 5 2 2
55 36 25 14
Total
51
34
28
17
130
Null hypothesis (Ho) There is no significant relationship between age and types of model. Alternative hypothesis There is significant difference between age and types of model chi-square test (x2)=E(O-E)2/E when O = observed frequency E = Expected frequency Expected frequency is calculated as follows: Row Total x Column Total E= ______________________ Grand total Degree of freedom : (r-1) x (c-1) where :
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
R – Number of Rows C – Number of Columns We can calculate value of chi-square test Group 20-30 age group Max R 100 Victor Star city Apache 30-40 age group Max R 100 Victor Star city Apache 40-50 age group Max R 100 Victor Star city Apache 50-60 age group Max R 100 Victor Star city Apache
O
E
(O-E)
(O-E)2
(O-E)2 E
24 16 7 8
22 14 12 7
2 2 -5 1
4 4 25 1
0.1818 0.2857 2.0833 0.1428
12 10 12 2
14 9 8 5
-2 1 4 -3
4 1 16 9
0.2857 0.4111 2 1.8
8 6 6 5
10 6 5 3
-2 0 1 2
4 0 1 4
0.4 0 0.2 1.3333
7 2 3 2
5 4 3 2
2 -2 0 0
4 4 0 0
0.8 1 0 0 10.6237
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
The calculate the Vale of (X2) = E (O-E) / E Therefore the degree of freedom
= (r-1) (c-1) = (4-1) (4- 1) = (3) (3) =9
The table value of X2 is 9 degree of freedom at 5% level of significance is the table value showing chi-square analysis Calculated Value x2 Degree of freedom Level of significant Table Value Result
10.6237 9 5% 16.919 Accept
Conclusion: Since the calculated value is less than the table value and hypothesis is proved so there is no significant relationship between age and types of model. All the age group of people are satisfied regarding prefer the all the model of vehicles.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
TEST - 2 RELATIONSHIP BETWEEN LEVEL OF INCOME AND MODE OF PURCHASE. Income level (per month) 3000-5000 5001-7000 7001-9000 9001 and above Total
Loan
Mode of purchase Cash Total
35 24 17 15
9 13 10 7
44 37 27 22
91
39
130
Null hypothesis (Ho) There is no significant relationship between level of income and mode of purchase. Alternative hypothesis There is significant difference between level of income and mode of purchase.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
We can calculate value of chi-square test Group
O
E
(O-E)
(O-E)2
(O-E)2 E
3000 - 5000 Loan Cash
35 9
31 13
4 -4
16 16
0.5161 1.2300
5001 - 7000 Loan Cash
24 13
26 11
-2 2
4 4
0.1538 0.3636
7001 - 9000 Loan Cash
17 10
19 8
-2 2
4 4
0.2105 0.5000
9000 and above Loan Cash
15 7
15 7
0 0
0 0
0 0 2.974
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
The calculate the Value of (X2) = E (O-E) / E Therefore the degree of freedom
= (r-1) (c-1) = (2-1) (4- 1) = (1) (3) =3
The table value of X2 is 9 degree of freedom at 5% level of significance is the table value showing chi-square analysis Calculated Value X2 Degree of freedom Level of significant Table Value Result
2.974 3 5% 7.81
Accept
CONCLUSION Since the calculated value is less than the table value and our hypothesis is proved. So there is no significant relationship between income level and mode of purchase. All the income level people are satisfied regarding mode of purchase.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
FINDINGS
42% of the respondents are between the age group of 30-40. 58% of the respondents are occupied in private employee. 50% of the respondents have a family members 2-4. 34% of the respondents have a monthly income up to 3000-5000. 39% of the respondents prefer TVS Max R 100. 56% of the respondents have resorted to loan 45% of the respondents are getting a mileage 50-60. 45% of the respondents have seen the TVS Vehicles advertisement on Television. 60% of the respondents are incurring maintenance cost of Rs. 1000. 75% of the respondents are using the vehicle for personnel use. 39% of the respondents are using the vehicle for 3 years and above. 53% of the respondents feel good for the gear system. 66% of the respondents feel that the cost of changed for the vehicle is moderate. 86% of the respondents are feeling that the warranty period is helpful. 46% of the respondents feel that comfort is the reason for purchasing the model. 42% of the respondents are using the vehicle for a day 2-3 years. 81% of the respondents are satisfied with the spare parts availability.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
56% of the respondents people are highly satisfied with after sales service offered by the company. 58% of the respondents are facing problem while pick-up. 51% of the respondents are long riding is good. 69% of the respondents have no idea to changing the vehicle. 50% of the respondents alternative preference of vehicle alternative preference of vehicle is hero Honda. 46% of the respondents feel that they are highly satisfied by the overall performance of the vehicle.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
SUGGESTIONS
1. The company should maintain the awareness among TVS vehicle users. 2. The company should have maintain the long riding and maintenance cost. It reduce the cost and increase the mileage and pick-up. 3. The company should provide alternative media message. 4. Spare part should be made available of reasonable price. 5. Provide more stylish and comfortable the TVS vehicle. 6. Produce the vehicle at international standard and average technology.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
CONCLUSION This study was conducts in Coimbatore city with a broad objective of consumer preference of two wheelers in TVS vehicle for this purpose. 130 customers were selected and obtained the various responses based on the questionnaire method. The data was collected and consolidated using simple percentage method, and chi-square analysis, Graphic and charts, tables were used for representation to achieve the objective of the study. By and large it was found that most of the consumers are choose on TVS vehicles because of its low maintenance cost, good model and good long riding etc. It’s maintained in awareness of the vehicles and improving the satisfaction level and advertisement.
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
BIBLIOGRAPHY BOOKS 1. BALU.V,Dr(2001)
:
“MARKETING RESEARCH OF CONSUMER BEHAVIOUR”2nd EDITION, SRI VENKADESWARAN BUBLICATIONS.
2.KOTHARI. C.R (2003)
:
“RESEARCH METHODOLOGY” 2nd EDITION, WISHAWAV PRAKASHAN.
3.PHILIP KOTLER(2003)
:
“MARKETING MANAGEMENT” MILLENNIUM EDITION PRENTICE TALL OF INDIA PRIVATE LIMITED, 2001 10th EDITION.
4.PILLAI .R.S.N AND BHAGAVATHY
:
“MODERN MARKETING” 2nd EDITION SULTHAN CHAND AND SONS.
WEB SITE: www.tvsmotors.com
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
A STUDY ON CUSTOMER PREFERENCE OF TWO WHEELERS IN TVS VEHICLE WITH SPECIAL REFERENCE TO PERIYAKULAM (TK) QUESTIONARIE 1. Name
:
2. Address
:
3. Age a). 20-30
b) 30 – 40
c) 40-50
d) 50-60.
4. Occupation a. Private employee b. Government employee c. Business man d. Students e. Others. 5. Number of family members: a) 1-2
b) 2-4
c) 4-6
d) 6 and above
6. Family income (Per month) a) 3000 – 5000
b) 5001 – 7000
c) 7001 – 9000
and above 7.
Which you preferred in TVS bike model
a) TVS MAX R100
b) TVS Victor
d) TVS Apache. 8. State the mode of purchase:
c) TVS Star city
d) 9000
CONSUMER PREFERENCE OF TVS MOTORCYCLE
a) Loan
b) Cash
A.SUKUMAR., M.Com., M.Phil., Coimbatore
c) Credit
d) Hypothecation
9. What is the mileage? a) 50- 60
b) 60-70
c) 70-80
d) 80 and above
10. What is the media in which you have seen the advertisement of TVS (any mode) a) Television
b) Newspaper
c) Magazine
d) Banners
11. What is the maintenance cost (Per month) a) 1000
b) 2000
c) 3000
d) 4000 and above.
12. For what purpose the vehicle is used? a) Official
b) Personal
13 How long you owned the vehicle a) 0- 1 year b) 1-2 year c)2-3 year
d) 3 year and above
14. What is your opinion about the gear system? a) Excellent b) Good
c) Modification
d) Poor
15. State the reason for purchasing the mode? a) Comfort b) Style
c) Mileage d) Advertisement
16. What do you feel about the cost of the vehicle? a) High
b) Moderate
c) Low.
17. Did you get any warranty period? a) Yes
b) No
18. If you use Bike, how many hours a day?
CONSUMER PREFERENCE OF TVS MOTORCYCLE
A.SUKUMAR., M.Com., M.Phil., Coimbatore
a) 0-1 hours b) 1-2 hours c) 2-3 hours d) More than 3 hours.
19. Are you satisfied with the spare parts available with local dealer? a) Satisfied b) Dissatisfied 20. Are you satisfied with after sales and service? a) Highly satisfied b) Satisfied c) Highly dissatisfied
d) Dis-satisfied.
21. What problem you come across while using the vehicle? a) Starting trouble b) Pick up
c) Mileage problem
d) Battery problem.
22. What is your opinion about the long riding of this vehicle? a) Wonderful
b) Excellent
c) Good
d) Poor
23. Do you have any idea to change the vehicle? a) Yes
b) No.
24. If yes, mention the brand a) Honda
b) Hero Honda
c) Bajaj
d) Yamaha
25. How do you feel about the overall performance of this vehicle? a) Highly satisfied b) Satisfied c) Moderate d) Dis-satisfied.