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RACTORS
CONTENTS
Page
EXECUTIVE SUMMARY
2-4
Profile
CHAPTER: - I
5-23
Theoretical Framework
24-36
Advertising strategies.
Sales promotion tools.
Sales trends.
Models of the Mahindra tractors.
CHAPTER: -
III
Data analysis
37-53
Findings,
Suggestions & conclusion
IV
54-57
Annexure
Bibliography
58-63
Questionnaire
-------------------------------------------------
Need for the Study:This study is an attempt to recognize which type of marketing strategies
adopted by the company. How they brought their product into the market. And how they increased
their costumer attitudes, customer preference, sales & brand awareness in their region
Objectives of the study:1) To know the marketing strategies of Mahindra tractors adopted by the corporation around the
Sindhanur.
2) To known the awareness of brand around the Sindhanur.
3) To known the customer response towards the John Deere tractors.
4) To known the problems faced by the customer.
Research design:In the study on attempt is made to evaluate the preface of the companys
approach the sales persons about their marketing strategies like advertisement, sales
promotion tools etc. these are making to create a awareness of brand in their region of sales.
I. Data collection:For this study the primary and the secondary data were collected from
conducting survey on that region. The following shows how I collected the primary as well
as secondary data.
A. Primary data:The primary data was obtained through market survey, by personal
interview and questionnaire method at Sindhanur region.
B. Secondary data:The secondary data is collected from the company as well as through
some websites (www.mahindra.com)
Suggestions:
M&M Company needs additional sales promotional activities like organizing exhibitions,
fairs issuing catalogues and broaches, display and demonstration, contests etc.
Company should give advertisement in magazines and news papers to make them aware
and to attract customers
Dealer should attract customers by giving special reduction in prices at the time of
festivals
Conclusion:After doing my in-plant project in Mahindra & Mahindra tractors I come to know that
how marketing strategies help to boost the sales, how and when they applied and executed.
Limitation of the study:1. The study was restricted to the surrounding areas of the Sindhanoor only. Therefore the result
of the study cannot be generalized to other parts of the country.
2. Due to time constraints, the extensive research could not be undertaken. Therefore the sample
size was restricted to 50 customers only.
3. Analysis of data collected from questionnaire was done on the assumption. It is a relevant
data.
4
Chapter-I
Company profile
Overview of the Mahindra Company.
Profile of the Mahindra Company.
Profile of Basava motors.
Company profile
I. HISTORY OF THE COMPANY:Mahindra and Mahindra Limited is the flagship company of the
Mahindra group, which has been a significant presence in key sectors of the Indian economy. A
consistently high performance, M&M has been ranked among the top private sector companies in
the country for several years.
Mahindra brothers (R.K. Mahindra & S.K Mahindra) make
general purpose utility vehicles for Indian market started the company way back in 1945, the was
setup at Nasik. The first four wheeler of their company was Willys Jeep with petrol version engine.
This engine was manufactured at France.
But after 1965 they started to produce their own engines DI & DP.
DP--------->Diesel Peugeot
M&M soon branched out into manufacturing agricultural tractors and light commercial
vehicles; the company later expended its operation from automobile and tractors to secure a
significant presence in many more important sectors.
Two plants were set up at Khandiveli and Zahirabad Khandiveli and
Nasik plant used to manufacture feeps, utility vehicles and engines. At Zahirabad plant LCVS
(Light Commercial Vehicles) were manufactured. FJ mini bus and goods vehicle with capacity of
2.5 ton and 4 tons were manufactured at this plant. This was the first diversification of
M&M from jeeps to LCVS.
They soon diversified towards Mahindra tractors. It was tilejiont venture
with International Harvester Company, USA. An organizational restricting exercise in 1994 arising
from a business process re-engineering program resulted in core activities of manufacturing utility
and light commercial vehicle and agricultural tractors remaining with the Flagship Company.
6
the only
Mahindra's Farm Equipment Sector is the proud recipient of the Japan Quality
Medal, the only tractor company worldwide to be bestowed this honor. It also holds the distinction of
being the only tractor company worldwide to win the Deming Prize. The US based Reputation
Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The
World's Best Corporate Reputations list.
Mahindra is also one of the few Indian companies to receive an A+ GRI checked
rating for its first Sustainability Report for the year 2010-11.
2003
Auto Sector was the proud recipient of the prestigious National Award for R&D 2003 in
recognition of its pioneering R&D efforts, which culminated in the indigenously engineered
2005
Mahindra & Mahindra received the highest Governance & Value Creation rating CRISIL
GVC Level I from CRISIL ratings for its ability to create value for all its stakeholders while
and Tractors.
Mahindra Life spaces were named Indias fastest growing construction company by
Construction World-National Institute of Construction Management & Research (NICMAR)
study.
Auto Sector received Commendation for Significant Achievement in Human Resource from
CII (WR).
M&M was successfully certified as compliant with BS: 7799 Part 2:2002 Information
Security Management System.
M&Ms Auto Sector awarded the 2nd prize for Excellence in Supply Chain Management,
organized by S.P. Jain Institute of Management & Research, Mumbai.
2006
Forbes has ranked the Mahindra Group in its Top 200 list of the Worlds Most Reputable
2007
The Logan ranks first in the J.D Power Asia Pacific 2007 India Initial Quality StudySM
(IQS) in the Entry Mid-size segment with a score of 65 PP10O. Released in December 2007,
this study serves as the industry benchmark for new-vehicle quality measured at two to six
months of ownership. Overall quality performance is based on both design quality and
Midxsize Diesel with exceptional score of 96 as per a study released in December 2007.
Scorpio ranks first in the TNS Automotive TCS Study in the MPV/SUV segment with a
segment leading score of 91 (joint first with Innova) as per a study released in December
2007.
Mr. Anand Mahindra has been ranked among the top 15 in the Mint Influencers Index in the
publication 'Mint' dated August 28, 2007. The Mint Influencers Index is a monthly, objective
measure that tracks 20 high-profile Indian business and policy leaders across the print media.
Mr. Anand Mahindra features in the top 20 in the list of 50 Most Influential Indians in
Business Weeks edition dated August 13, 2007. It goes on to say ".the dapper Harvard
Business School-educated Mahindra has positioned his company to compete with India's
10
the Logan."
Mahindra & Mahindra is ranked 37th in the B & E Power 100 while it ranks 4th in the
Transport Equipment Sector as per the Business & Economy magazine issue dated 28 June
2007. Net profits have been taken as the parameter for these exclusive 100 most profitable
Super 100
Mahindra was ranked 31st in Business Today's annual survey of India's most valuable
companies.
II. Profile of the Mahindra company:Mr. Mahindra is the co-founder of the Harvard Business School Association of India, an
association dedicated to the promotion of professional management in India. The association has
grown substantially over the years.
11
Executive Committee.
10. The Nehru Centre, Mumbai - Executive Committee.
11. National Council of Applied Economic Research.
12. National Institute of Bank Management, Pune - Governing Board.
12
BOARD OF DIRECTORS
The Group Management Board comprises the Vice Chairman &
Managing Director, Presidents of the Business Sectors as well as heads of certain key corporate
functions. The Board provides strategic direction and enterprise leadership, facilitates synergistic and
symbiotic relationships and creates a shared vision and value-system, across the various Business
Units and Companies that make up the Mahindra Group. The membership of the Group
Management Board is as follows:
13
Anand G. Mahindra
Vice Chairman & Managing Director
Bharat Doshi
Executive Director & Group Chief Financial Officer (Group CFO)
A.K. Nanda
Executive Director
14
Rajeev Dubey
President (HR, After-Market & Corporate Services) Board & Member
of the Group Management Board
Hemant Luthra
President Systech Sector and Member of the Group Management
15
Board
DEALERS PROFILE:-
Mr.Shivaraj Patil
Departments
Office staff:
Sales Section
Sales Man
Large spare section with different all type of Mahindra spare parts
Separate workshop with skilled workers with several equipments and different types
lathes
18
O rg a n i s a ti o n S tru c tu re o f M /s S h ri B a s a v a M o to rs
M a n a g i n g D i r e c to r' s
F in a n c e M a n a g e r
S a le s
C a s h ie r
S a le s M a n a g e r
S e rv i c e
T y p is t
C a s h ie r
S a le s M a n
S e rv i c e M a n a g e r
FLA
CRO
S u p e rv i s o r
In s ta l e r
T e l e M a rk e te r O th e r W o rk e r
T y p is t
M e c h a n ic s
H e lp e r
19
W a te r S e rv i c e
L a th e O p e ra to r
H e lp e r
Indian Bank
Syndicate Bank
L & T finance
Other Banks
20
MANAGER/SHOW ROOM
21
SALES TRENDS
PERIOD
QUANTITY
(IN TRACTORS)
2006-2007 (3-MONTHS)
30
2007-2008
315
2008-2011
280
TOTAL
625
22
315
350
280
300
250
200
2006-2007
2007-2008
2008-2009
150
100
30
50
0
QUANTITY
Chapter-II
23
Sales trends.
Marketing strategy, Sales Promotion & Selling Process carried out by M/s
Basava Motors:Before going to promotion strategy the company must take decisions on the
total promotion budget and choice of the promotional tools to be used one of the most difficult
marketing decisions facing companies is to work out on how much to spend on promotion.
25
Mahindra Tractor Models:Farm Equipment Sector produces the widest range of tractors and
tractor implements to suit the varied needs of farmers world over. Different tractor models
cover diversified market segments from 25 HP to 60 HP tractors. Mahindra is recognized as a
powerful symbol of productivity and unparalleled performance. It is the market leader and at the
help of the Indian Tractors Industry.
26
Engine Specifications:
Make and Model
: Mahindra MDI-1785
Horse Power
: 30HP Category
: 88.9 x 96mm
No. of Cylinders
:3
Cubic Capacity
Rated Speed
: 1788cc
: 2300 rpm
Clutch:
Heavy duty single dry plate
Transmission:
No. Of Gears: 8 forward, 2 reverse with high and low selector lever. Foot operated differential lock
is provided as a standard fitment
Cooling System:
Water Cooled.
Engine specifications:
Make and Model : Mahindra MAC E 1735
Horse Power
: 25 H.P. Categories
: 127 x 137mm
No. of Cylinders
:1
Cubic Capacity
: 1735cc
Rated Speed
: 1650 rpm
Transmission:
No. of Gears: 8 forward, 2 reverse with high and low selector lever. Foot operated
differential lock is provided as a standard fitment.
: 26 H.P. Categories
: 102 x 110mm
No. of Cylinders
:2
Cubic Category
: 1797cc
Rated Speed
: 2000rpm
Transmission:No. of Gears: 8 forward, 2 reverse with high and low selector lever. Foot operated
differential lock is provided as a standard fitment. Optional CRPTO with clutch
Hydraulic System:Independent fully live hydraulic pumps, 2 lever control. CAT II, three point
linkage with adjustable outside check chains.
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: 50 H.P. Categories
: 88.9 x 101.6mm
No. of Cylinders
:4
Cubic Capacity
: 2523cc
Rated Speed
: 2600rpm
Transmission:No. of Gears: 8 forward, 2 reverse with high and low selector lever. Foot operated
differential lock is provided as a standard fitment.
Electrical Starting Lighting:12V Battery, Starter motor, Alternator with in-built regulator,
Headlamp, Rear Brake Lights, Parking Lights, Turning Lights, Plough Lamp, Registration Lamp.
30
Other Models:
1. Mahindra -Arjun 445DI
2. Mahindra-Sarpanch 475DI
31
32
33
8. Mahindra-Arjun 605DI
34
9. Mahindra-Bhoomiputra 265DI
Tractors logo:-
35
36
Chapter-III
Customer attitude & Data analysis
37
Particulars
Mahindr Tafe
No. of
a
30
respondents
38
03
02
02
Total
Deere
08
50
60%
No. of respopondents
06% 10%
04%
04%
16%
100%
35
30
25
20
15
10
5
0
Mahindra
Tafe
Swaraj
Eicher
Brands
Percentage
Interpretation:
Source: - Field survey data
The above table shows that among 50 respondents 60% of them are
in the group of Mahindra, 06% of them are in group of Tafe, 10% are in the group of Swaraj, 04% of
them are in the group of Eicher, 04% of them Escort and L&T is 16%. Therefore we come to know
that most of people are aware of Mahindra tractors.
Table-2
Particulars
Profession of Respondents:
No. of Respondents
Percentage
Agriculture
26
52%
Business
08
16%
Others
16
32%
Total
50
100%
39
Business
Others
Professions
Interpretation:
Source:- Field survey data
The field survey clearly in dictatres that the profession of the customer lies an important role
on the purchase of tractors. The above table shows that out of 50 respondents, 52% are from as
agriclulture, 16% are from business purpose and 32% respondents are from other purpose. As from
table many respondent purchased this tractors for their related purpose.
Table-3
Respondents Incomes
Incomes
Below 40000
41000-70000
71000-100000
101000 and above
No. of respondents
08
06
27
09
40
Percentage
16%
12%
54%
18%
50
Respondents Income
100%
30
25
20
No. of respondents
15
10
5
0
Below 40000
41000-70000 71000-100000
101000 and above
Income
Total
Interpretation:
Source: - Field survey data
The study clearly states that the income is also an important parameter in purchasing the
tractors. It was noticed that among 27 respondents 54% are in the income group of rupees 71000 to
100000, 12% are in below Rs. 41000-70000 and 16% are in below Rs. 40000-income group
Table-4
Particulars
No. of respondents
Company showroom
30
Advertisement
04
Colleagues
04
Friends
06
Self
04
Relatives
02
41
Percentage
60%
08%
08%
12%
08%
04%
50
100%
Total
Interpretation:
Source:-Field survey data
It was found that among 50 respondents 60% of them were in group of company showroom,
8% of them each were in group of colleagues & advertisement, rest of them were friends, self and
relatives. Most of the people are buying the tractors in the showroom.
Table-5
Particulars
Mode of purchase
No. of respondents
Percentage
Cash
15
30%
Credit
35
70%
Total
50
100%
42
No. of respondents
35
30
25
20
15
10
5
0
1
2
Mode of purchase
Interpretation:
Source: Field survey data
It was found that among 50 respondents 70% of them were in the group
of credit. All most of all customers are buying the tractors on the basis. And 30% of them were in the
group of cash.
Table-6
Particulars
Mahindra finance
SBH
SBI
TGB
Others
43
Percentage
38%
18%
08%
10%
26%
50
100%
4
Mahindra finance
9
13
SBH
SBI
TGB
Others
19
Total
Interpretation:
Source: - Field survey data
It is clear that among 50 respondents 38% of them are in the group of
Mahindra finance, 18% of them are in the group of SBH, 08% of them are group of SBI, 10% if
them are in the group of TGB and 26% of them are others.
Table-7
Particulars
Fully satisfied
Partially satisfied
Dissatisfied
44
Percentage
56%
26%
18%
50
100%
30
25
20
No. of respondents
15
10
5
0
Fully satisfied
Partially satisfied
Dissatisfied
Satisfaction
Total
Interpretation:
Source: - Field survey data
The above table explain that among 50 respondents 56% of them are in
the group of fully satisfied, 26% of them are in the group of satisfied and 18% of them are in the
group of dissatisfied. Highest percentage of consumer is satisfied with the financiers providing the
company.
Table-8
Particulars
T.V.Adds
Wall painting
Magazines
Others
Total
45
Sources of Awareness
No. of respondents
02
18
03
27
50
Percentage
04%
36%
06%
54%
100%
T.V.Adds ; 4%
Magazines; 6%
Interpretation:
Source: Field survey data
The field survey clearly shows that among 50 respondents, 54% of them
are in the group of others, 36% of them are in group of wall painting, 06% of them are in the group
of magazines, 04% of them are in the group of T.V.Adds.
Table-9
Particulars
Excellent
Good
Average
Poor
Total
46
Vehicle Performance
No. of respondents
26
08
12
04
50
Percentage
52%
16%
24%
08%
100%
15
10
5
0
Excellent
Good
Average
Poor
Performance
Interpretation:
Source: Field survey data
It was noticed that among 50 respondents, 52% of them are in the
group of excellent and 16% of them are in the group of good, 24% of them are in the group of
average, and 8% of them are in the group poor. Most of the consumers are satisfied with the vehicle
performance.
Table-10
Particulars
No. of respondents
Company showroom
38
Friends
08
Relatives
02
Others
02
Total
50
47
Percentage
76%
16%
04%
04%
100%
Others
Friends
Company showroom
Interpretation:
Source: Field survey data
From the field survey it was explained that among 50 respondents 76%
of them are in the group of showroom, 16% of them are in the group of friends and rest of the
members are in the group of relatives and others. Most of the consumers are purchased the present
vehicle in the showroom.
Table-11
Particulars
Below Since 1
Since 2
Above 2
Total
No. of
1 year
15
year
18
year
07
years
10
50
36
14
20
100
respondents
Percentage 30
48
20
18
16
14
12
10
8
6
4
2
0
Below 1 year
Since 1 year
Since 2 year
Above 2 year
Life
Interpretation:
Source: Field survey data
The above table shows that 50 respondents, 36% of them are in the
group of below 1 year, 20% of them are in the group of above 2 year and 14% of them are in the
group of since 2 year. Most of the consumers are using the vehicle since 1 year.
Table-12
Particulars
Excellent
Good
Average
Poor
Total
No. of respondents
30
08
06
06
50
49
Percentage
60%
16%
12%
12%
100%
No. of respondents
35
70%
30
60%
25
50%
20
40%
15
10
20%
10%
0
0%
ExcellentGoodAveragePoor
satisfaction after sales and services
Interpretation:
Source: Field survey data
It was noticed that 50 respondents, 60% of them are in the group of
excellent, 16% are in the group of good, 12% of them are in the group of average and 12% of them
in the group of poor. Most of the peoples are satisfied with the after sales and services.
Table-13
Particulars
Yes
No
Total
No. of respondents
36
14
50
50
Percentage
72%
28%
100%
1400%
25
No. of respondents
20
15
10
5
72% 28% No
Yes
2
0
Suggesation
Interpretation:
Source: Field survey data
It can be seen that from the above table, among 50 respondents, 72%of
them are in the group of YES and 28% of them are in the group of NO due to this we can tell the
most of the consumers will suggest others to buy the Mahindra tractors.
51
No. of respondents
16
31
03
50
Percentage
32%
62%
06%
100%
35
30
25
No. of respondents
20
15
10
5
0
Very satisfied
Satisfied
Dissatisfied
Interpretation:
Source: - Field survey data
From the above table it is clear that most of the customers are
satisfied with the fuel consumption. But still the company should struggle a lot to satisfy the
customer very much in this regard.
52
No. of respondents
11
21
12
06
Percentage
22%
42%
24%
12%
50
100%
Response and behaviour of the firm staff with respect of sales and services
25
21
20
15
12
11
No. of respondents
10
6
5
0
Informative
Co-operative
Communication
Convincing
Informative
Total
Interpretation:
Source: Field survey data
From the above table it is clear that they are co-operative 42% as
followed by communications 24%, information 22%, and convincing as 12%.
53
Chapter-IV
Findings, suggestion & conclusion
Findings of the study:The following the derived from the data evaluated and analyzed by survey:
According to the survey it was found that Mahindra tractors have a brand loyalty than other
tractors, because of its advanced features.
54
Out of 50 respondents it can be seen that 36% i.e. 18 respondents purchases tractors by wall
painting, and 4% .among 54 % of the respondents were purchased from others. The 02 & 03
respondents by T.V. Adds and magazines.
Out of respondents we find that 54%, which of 27 respondents are in a income group of Rs.
71000 to Rs. 100000 and 12%Which are respondents are in an income level of Rs. 41000 to
Rs.71000.
Out of 50 respondents it was found that 30 respondents are influenced by company showroom
during purchase, company sales man and rest of others by advertising friends/ relatives, etc
influence 20 respondents.
Among 100% of respondents 52% of customers were satisfied with the vehicle performance.
Among 50 respondents 35 are like to purchase vehicle through credit mode and 15 respondents
by cash.
55
Compared to the other brand of tractors available in Indian market, study reveals. That M&M
tractors have a longer life.
M&M tractors are more economical in the matter of fuel consumption.
56
Suggestions:-
During the survey the regular customers of Mahindra tractors come out with organizing
information and suggestions some of them are listed below:
M&M Company needs additional sales promotional activities like organizing exhibitions,
fairs issuing catalogues and broaches, display and demonstration, contests etc.
Company should give advertisement in magazines and news papers to make them aware
and to attract customers
Dealer should attract customers by giving special reduction in prices at the time of
festivals
Mahindra tractors are restricted only to red color, company need to change especially
metallic color.
Dealer should personally take care of customers share of in small number of customers
are not satisfied by the response given by the service personnel at the time general check
up.
57
A smaller seat should be provided for better driving comfort and reduction of strain and
safety seat belt.
Sales service and after sales service should increase to the excellent level which will add
to the companys brand image.
ANNEXURE
Bibliography
58
Questionnaire
Bibliography
Marketing Management
Philip Kotler
Marketing Management
MAGAZINE
AUTO INDIA
Website
: (www.mahendra.com)
59
Questionnaire
Dear Sir / Madam,
I would be thankful if you can spend a couple of minutes to fill this questionnaire the information is
for academic purpose and will be kept confidential.
1. Name
2. Age
3. Educational Status
4. Address
5. Occupation
: a) Farmer
6. Annual Income
: a) Below 40000
[]
b) Other
[]
[]
b) 41000-80000
[]
c) 81000-110000
[]
[]
[]
b) No [ ]
[]
b) Bank Loan
[]
[]
d) Finance
[]
b) Advertising [ ]
c) Relatives
[]
d) Company goodwill [ ]
e) Self
[]
e) Others
[]
[]
b) Model
c) Quality [ ]
[]
d) Good Service
[ ] e) Brand
[]
b) TV Adds
[]
d) Magazines [ ]
[]
b) Business
[]
c) Other purposes [ ]
[]
b) ICICI [ ]
c) SBI
[]
d) TBG
e) Mahindra finance [ ]
f) others
[]
[]
b) Duel
[]
b) No
[]
[]
[]
[]
[]
[]
b) No
[]
17. Are you satisfied with the after sales and services?
a) Excellent
[]
b) Good
c) Average [ ]
[]
d) Poor[ ]
b) Tafe [ ]
c) Swaraj [ ]
d) Eicher
[]
[]
c) TV Adds
b) Magazines [ ]
[]
d) Others
[]
[]
b) Good
[]
[]
d) Poor
[]
[]
[]
b) High
d) Less
[]
[]
22. Since how many years you are using this tractor?
a) Below 1 year
[]
b) Since 1 year
[]
c) Since 2 year
[]
d) Above 2 year
[]
b) No
[]
[]
c) Dissatisfied
[]
62
b) Satisfied
[]
[]
c) Communicative [ ]
b) Co-operative
[]
d) Convincing [ ]
[]
b) No
[]
Suggestions:
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Signature
I sincerely thank you for spending your valuable time for giving me the information.
63
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