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CHAPTER - I

INTRODUCTION

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INTRODUCTION
The word marketing is derived from the word market. Marketing is a
comprehensive term and it includes all resources and a set of activities necessary to
direct and facilitate the flow of goods and services from producer to consumer in the
process of distribution. According to Philip Kotler, Marketing is a social and
managerial process by which individuals and groups obtain what they need and want
through creating and exchanging products and value with others. Selling and
Marketing both are different. The difference between selling and marketing is more
than a semantic exercise. Selling focuses on the needs of the seller, but marketing
focuses on the needs of purchaser. Selling means moving products while marketing
means obtaining customers. Marketing benefits both society and the firm and its
importance to each has been growing rapidly since 1950. The benefits to society
through marketing are like, increase employment opportunities, helps to increase
national income and raise the standard of living of the society and marketing generates
revenue to firms etc.

Marketing facilitates the exchange process and the development of


relationships by carefully examining the needs and wants of customers. Marketing mix
is the set of controllable tactical marketing tools Product, Price, Place and
Promotion, that the firm blends to produce the response it wants in the target market.
Marketing mix consists of everything the firm can do to influence the demand for its
product. Elements of marketing mix: ( by Jerome Mc Carthy ) The four basic
elements viz. product, price, place and the promotion constitute the marketing mix.
These four elements called 4Ps are used for grouping different marketing activities
under these heads.

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1.1 Need for the study

This particular topic was chosen because every organization required


advertising and sales and advertising s and other promotional activities like publicity,
public relations and personal selling etc. to promote their products and services. In this
promotional mix, Advertising and sales and advertising s have been playing a vital
role in todays market. So it is important to know how far these promotional activities
are creating brand awareness in the minds of the customer and influencing them to go
for the products and services and also the need to increase the quality, creativity and
utilization of technology in the advertisements and sales and advertising.

In twin cities Sri Jayalakshmi Automotive Pvt.Ltd is one of the best Hyundai
dealers among any other Hyundai dealers. It is offering different types of consumer
promotions to the ultimate consumers to make an immediate purchase and to stimulate
short term sales. In recent years it has been offering some consumer promotions like,
Free accessories, Less rates of interests, Festival offers (gold coins and special
gifts), Road shows, Exchange offers, Loyalty bonus offer, Price off offers etc. Apart
from these consumers oriented sales and advertising s Sri Jayalakshmi Automotives
Pvt.Ltd was recently implemented one offer called Price off offer in December 2007
on Hyundai SANTRO model.

In this offer they offered to consumers Rs.37, 000 price off on every
SANTRO model purchase. The SANTROs actual price was around Rs. 4.16 lakhs,
but in this offer they were offered SANTRO car for Rs. 3.79 lakhs only to consumers.
So this Price off offer in Hyundai car has been chosen as a topic to study. By
collecting suggestions from the Hyundai customers, those suggestions and opinions
would help to the dealer to improve its quality in its products and services as well as to
increase its sales.

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1.2 Objectives of Study

1. To study the impact of consumer sales and advertising s of


HYUNDAI.

2. To assess the effectiveness of media in promoting the brand


HYUNDAI.

3. To study the awareness of consumers about sales and advertisings of


HYUNDAI

1.3 Scope of the study

The present study covers a brief profile of Sri Jayalakshmi automotives pvt.lt,
which is the best Hyundai dealers in Hyderabad city. The study sort to explore the
opinions of the respondents about the sales and advertising s of Hyundai in
Hyderabad. The study also sought to explore the expected schemes as in the part of
sales and advertising s from the customers point of view.

1.4 Research Design

Investigating the effectiveness of sales and advertising s of Hyundai cars.


Overall evolution of the research design adopted was descriptive in nature by
undertaking a sample survey as it is popularly known.

DATA COLLECTION METHOD

To fulfill above objectives the data collection is done by using,

1. Primary method of data collection.

2. Secondary method of data collection.

Primary data:

Primary method includes meeting the consumers directly and interviewing


them. The primary data is collected through questionnaire by selecting 100

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respondents on random basis. A structured questionnaire was developed to interview
the Hyundai customers. This questionnaire responses was used as primary data.

Secondary data:

It is the information that is collected for a purpose other than to solve the
specific problem under investigation. It is the data which is in the form of documents
already existing in the form of records, magazines, books, manuals etc. it is the
indirect way of data collection. Secondary method includes collecting data regarding
the company that is done with the material provided by the organization.

1.5 Questionnaire Design:

A structured questionnaire was developed to interview Hyundai customers.


While framing the questionnaire, care was taken to ensure that as fast as possible, it
was clear and unambiguous and there was no room for misrepresentation.

1.6 Sample Design:

Geographical limits:

The study is restricted to Hyderabad city only. Various places in Hyderabad were
covered to interview the Hyundai customers through questionnaire to collect their
opinions.

Field work:

The survey is carried out within a short span of time -2 months.

Sample size

The size of the sample survey includes 100 Hyundai customers. The sample
size was chosen in such a way that it depict the entire population including all groups
such as age group, occupational group and educational group etc.

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Sampling technique

The sample survey was based on probability sampling in which every member
of the specified area has a known chance of being selected. The exact sampling suited
was simple random sampling.

Statistical techniques analysis and interpretation

Results were analyzed by using statistical tool chi- square. After analysis
conclusion have been drawn and suggestions were offered.

Chi-square: The chi-square test is used to determine the association and relationship of
two variables, taken into consideration. The demographics that were taken into
consideration for the study where age, gender, occupation, income levels of
respondents.

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CHAPTER II
LITERATURE REVIEW

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2.1 Topic Overview:

The word marketing is derived from the word market. Marketing is a


comprehensive term and it includes all resources and a set of activities necessary to
direct and facilitate the flow of goods and services from producer to consumer in the
process of distribution. According to Philip Kotler, Marketing is a social and
managerial process by which individuals and groups obtain what they need and want
through creating and exchanging products and value with others. Selling and
Marketing both are different. The difference between selling and marketing is more
than a semantic exercise. Selling focuses on the needs of the seller, but marketing
focuses on the needs of purchaser. Selling means moving products while marketing
means obtaining customers. Marketing benefits both society and the firm and its
importance to each has been growing rapidly since 1950. The benefits to society
through marketing are like, increase employment opportunities, helps to increase
national income and raise the standard of living of the society and marketing generates
revenue to firms etc.

Marketing facilitates the exchange process and the development of


relationships by carefully examining the needs and wants of customers. Marketing mix
is the set of controllable tactical marketing tools Product, Price, Place and
Promotion, that the firm blends to produce the response it wants in the target market.
Marketing mix consists of everything the firm can do to influence the demand for its
product. Elements of marketing mix: ( by Jerome Mc Carthy ) The four basic
elements viz. product, price, place and the promotion constitute the marketing mix.
These four elements called 4Ps are used for grouping different marketing activities
under these heads.

1. Product : Product means anything that can be offered to a market for


attention, acquisition, use or consumption that might satisfy a want or need.
It includes physical objects, services, persons, places, organizations and
ideas.
2. Price : Price is the amount of money the customer pays to obtain the
product.
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3. Place : Place includes company activities that make the product available
to the target consumer i.e. delivery / distribution of product.
4. Promotion : Promotion has been defined as the coordination of all seller
initiated efforts to set up channels of information and persuasion in order to
sell goods and services or promote an idea.
While implicit communication occurs through the various elements of the
marketing mix, most of an organizations communication with the market place take
place as part of a carefully planned and controlled promotional program. The basic
tools used to accomplish an organizations communication objectives are often
referred to as the Promotional mix.

Traditionally the 'Promotional mix has included four elements :

1. Advertising

2. Publicity/Public relations

3. Personal selling.

4. Sales and advertising

Each element of the promotional mix is viewed as an integrated marketing


communications tool that plays a distinctive role in an Integrated Marketing
Communication program. Each may take on a variety of forms and each has certain
advantages

Advertising:

Advertising is defined as any paid form of nonpersonal communication about


an organization, product, service, or idea by an identified sponsor. The paid aspect of
this definition reflects the fact that the space or time for an advertising message
generally must be bought. Advertising is the best- known and most widely discussed
form of promotion, probably because of its pervasiveness. It is also a very important
promotional tool, particularly for companies whose products and services are targeted
at mass consumer markets.

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Publicity / public relations:

Another important component of an organizations promotional mix is


publicity / public relations. Publicity refers to nonpersonal communications
regarding an organization, product, service, or idea not directly paid for or run under
identified sponsorship. It usually comes in the form of a news, story, editorial, or
announcement about an organization and/or its products and services. Like
Advertising, Publicity involves nonpersonal communication to a mass audience, but
unlike advertising, publicity is not directly paid form by the company.

Public relations is defined as the management function which evaluates


public attitudes, identifies the policies and procedures of an individual or organization
with the public interest, and executes a program of action to earn public understanding
and acceptance. Public relations generally have a broader objective than publicity, as
its purpose is to establish and maintain a positive image of the company among its
various publics. Public relations uses publicity and a variety of other toolsincluding
special publications, participation in community activities, fund raising, sponsorship
of special events, and various public affairs activitiesto enhance an organizations
image.

Personal selling:

Another important component of a promotional mix is Personal selling, a


form of person-to-person communication in which a seller attempts to assist and/or
persuade prospective buyers to purchase the companys product or service or to act on
an idea. Unlike advertising, personal selling involves direct contact between buyer and
seller, either face-to-face or through some form of telecommunications such as
telephone sales. Personal selling also involves more immediate and precise feedback.

Sales and advertising :

In the promotional mix sales and advertising , has been defined as a direct
inducement that offers an extra value or incentive to the sales force, the distributors, or

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the ultimate consumer with the primary objective of creating an immediate sales.
Sales and advertising is generally broken into two major categories:

1. Consumer oriented sales and advertising s

2. Trade oriented sales and advertising s

Types of sales and advertising s:

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Consumer oriented promotions:

Consumer oriented sales and advertising is targeted to the ultimate consumer


of a product or service and includes couponing, sampling, premiums, rebates, contests,
sweepstakes, and various point of purchase materials. These promotional tools
encourage consumers to make an immediate purchase and thus can stimulate short
term sales. These are designed to offer consumers an incentive to try a brand for the
first time, to switch back to it, or to repurchase. Consumer-oriented promotions are
part of a promotional pull strategy; they work along with advertising to encourage
consumers to purchase a particular brand and thus create demand for it. Consumer
promotions are also used by retailers to encourage consumers to shop in their
particular stores. Many grocery stores use their own coupons or sponsor contests and
other promotions to increase store patronage.

1. Sampling: sampling involves a variety of procedures where by consumers are


given some quantity of a product for no charge to induce trial. Sampling is
generally considered the most effective way to generate trial, although it is also
the most expensive. As a sales and advertising technique, sampling is often used
to introduce a new product or brand to the market. Samples are different types
like door-to-door sampling, sampling through the mail, in-store sampling, on
package sampling, event sampling etc.
2. Coupons: This is a certificate that gives buyers a saving when they purchase a
specific
product. Coupons can be useful promotional devices for established products.
They can encourage nonusers to try a brand, encourage repeat purchase among
current users, and get users to try a new, improved version of brand.

3. Premium: Premiums are a sales and advertising device used by many


marketers. A premium is an offer of an item of merchandise or service either
free or at a low price that is an extra incentive for purchasers. The two basic types
of offers are the free premium and the self-liquidating premium.
4. Contests and sweepstakes: contests and sweepstakes are an increasingly popular
consumer-oriented promotion. A contest is a promotion where consumers

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compete for prizes or money on the basis of skills or ability. The company
determines winners by judging the entries or ascertaining which entry comes
closest to some predetermined criteria. A sweepstakes is a promotion where
winners are determined purely by chance:
It cannot require a proof of purchase as a condition for entry. Entrants need only
submit their names for the prize drawing.

5. Refunds and rebates: Refunds are offers by the manufacturer to return a portion
of the product purchase price, usually after the consumer supplies some proof of
purchase. Consumers are generally very responsive to rebate offers, particularly
as the size of the savings increases. Rebates are used by makers of all types of
products, ranging from packaged goods to major appliances, cars, and computer
software.
6. Bonus packs: Bonus packs offer the consumer an extra amount of a product at
the regular price by providing larger containers or extra units. Bonus packs result
in a lower cost per unit for the consumer and provide extra value as well as more
products for the money.
7. Price-off deals: Another consumer-oriented promotion technique is the direct
price-off deal, which reduces the price of the brand. Price off reductions are
typically offered right on the package through specially marked price packs.
Typically, price-offs range from 10 to 25 percent off the regular price, with the
reduction coming out of the manufacturers profit margin, not the retailers.
8. Frequency programs: One of the fastest-growing areas of sales and advertising
is the use of frequency programs also referred to as continuity or loyalty
programs. Loyalty programs that offers members discounts, a chance to
accumulate points that can be also redeemed for rewards, newsletters, and other
special services.
9. Event marketing: event marketing is a type of promotion where a company or
brand is linked to an event or where a themed activity is developed for the
purpose of creating experiences for consumers and promoting a product or
service. Marketers often do event marketing by associating their product with
some popular activity such as a sporting event, concert, fair, or festival

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Trade oriented sales and advertising:

Trade oriented sales and advertising is targeted toward marketing


intermediaries such as wholesalers, retailers, distributors. Promotional and
merchandising allowances, price deals, sales contests, and trade shows are some of the
promotional tools used to encourage the trade to stock and promote a companys
products.

1. Contests and dealer incentives: These are usually targeted to sales personnel at
the wholesale or retail level. The producer provides incentives such as prizes for
travel or expensive goods like televisions, computers and cars.
2. Trade allowances: This promotion offers channel partners price breaks for
agreeing to stock the product. In most cases the allowance is not only given as
encouragement to purchase the product but also as an inducement to promote the
product in other ways such as by offering attractive shelf space or store location,
highlighting the product in company-produced advertising or website display, or
by agreeing to have the retailers sales personnel talk-up the product to
customers.

3. Point-of-purchase displays: Point of purchase (POP) displays are specially


designed materials intended for placement in retail stores. These displays allow
products to be prominently presented, often in high traffic areas, and thereby
increase the probability the product will standout. POP displays come in many
styles, though the most popular are ones allowing a product to stand alone, such as
in the middle of a store aisle or sit at the end of an aisle (i.e., end-cap) where it will
be exposed to heavy customer traffic.

4. Training programs: Manufacturers provide sales training for a retailer's sales


personnel. This can mean providing classes (including an instructor), or providing
training materials

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5. Trade shows: One final type of trade promotion is the industry trade show (a.k.a.
exhibitions, conventions). Trade shows are organized events that bring both
industry buyers and sellers together in one central location. Spending on trade
shows is one of the highest of all sales and advertising s.

6. Cooperative advertising: A system by which ad costs are divided between two or


more parties. Usually, such programs are offered by manufacturers to their
wholesalers or retailers, as a means of encouraging those parties to advertise the
product.
Along with the above promotional tools Direct marketing and Internet/interactive
marketing also can be useful for promoting a product.

This project study was based on consumers oriented sales and advertising s. This
study is to identify how far these consumer sales and advertising al activities are
creating brand awareness in the minds of the customer and influencing them to go for
the products in order to increase the sales of Hyundai cars.

In twin cities Sri Jayalakshmi Automotive Pvt.Ltd is one of the best Hyundai
dealers among any other Hyundai dealers. It is offering different types of consumer
promotions to the ultimate consumers to make an immediate purchase and to stimulate
short term sales. In recent years it has been offering some consumer promotions like,

1. Free accessories.
2. Less rates of interests.
3. Festival offers (gold coins and special gifts).
4. Road shows.
5. Exchange offers.
6. Loyalty bonus offer.
7. Price off offers.
1. Free accessories: In this promotion program they have provided free spare
parts for 1 year on every purchase of a Hyundai car.
2. Less rates of interest: ICICI bank is offering less rate of interest for the
customers who needs loan for purchase of the Hyundai car.

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3. Festival offers: In this offer they are offering valuable gifts and gold coins on
every purchase of Hyundai cars on special occasions like festivals.
4. Road shows: They are conducting road shows to make aware of consumers
about Hyundai car.
5. Exchange offers: They are offering also various exchange offers on some
selected models of Hyundai.
6. Loyalty bonus offer: In this offer some price off was offered by dealers to
already existed Hyundai consumers, if they purchase one more Hyundai car

2.2 Industry Profile


Over a period of more than two decades the Indian Automobile industry has been
driving its own growth through phases. The entry of Suzuki Corporation in Indian
passenger car manufacturing is often pointed as the first sign of India turning to a
market economy. Since then the automobile sector witnessed rapid growth year after
year

With comparatively higher rate of economic growth rate index against that of great
global powers, India has become a hub of domestic and exports business. The
automobile sector has been contributing its share to the shining economic performance
of India in the recent years

With the Indian middle class earning higher per capita income, more people are ready
to own private vehicles including cars and two-wheelers. Product movements and
manned services have boosted in the sales of medium and sized commercial vehicles
for passenger and goods transport. Side by side with fresh vehicle sales growth, the
automotive components sector has witnessed big growth. The domestic auto
components consumption has crossed rupees 9000 crores and an export of one half
size of this figure.

Overview of automobile industry

The Indian automobile industry is going through a technological change where


each firm is engaged in changing its processes and technologies to sustain the
competitive advantage and provide customers with the optimized products and
services. Starting from the two wheelers, trucks, and tractors to the multi utility
vehicles, commercial vehicles and the luxury vehicles, the Indian automobile industry
has achieved tremendous amount of success in the recent years.

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Hyundai Motor Company

The Hyundai Motor Company, a division of the Hyundai Kia Automotive


Group, is South Koreas largest and the worlds fifth largest Automaker in terms of
units sold per year. Its headquarters are in Seoul, South Korea. In Ulsan, South Korea,
Hyundai operates the worlds largest integrated automobile manufacturing facility,
which is capable of producing 1.6 million units annually. The Hyundai logo, a slanted,
stylized 'H,' is said to be symbolic of two people (the company and customer) shaking
hands. Hyundai means "modernity" in Korean.

History

Chung Ju-Yung founded the Hyundai Engineering and Construction Company


in 1947. Hyundai Motor Company was later established in 1967. The companys first
model, the Cortina, was released in cooperation with Ford Motor Company in 1968. In
1975, the Pony, the first Korean car, was released, with styling by Giorgio Giugiaro of
ItalDesign and powertrain technology provided by Japans Mitsubishi Motors. Exports
began in the following year to Ecuador and soon thereafter to the Benelux countries.
In 1991, the company succeeded in developing its first proprietary gasoline engine, the
four-cylinder Alpha, and transmission, thus paving the way for technological
independence.

In 1986, Hyundai began to sell cars in the United States, and the Excel was
nominated "Best Product #10" by Fortune magazine, largely because of its
affordability. The company began to produce models with its own technology in 1988,
beginning with the midsize Sonata.

In 1998, Hyundai began to overhaul its image in an attempt to establish itself


as a world-class brand. Chung Ju Yung transferred leadership of Hyundai Motor to his
son, Chung Mong Koo, in 1999. [2] Hyundais parent company, Hyundai Motor
Group, invested heavily in the quality, design, manufacturing, and long-term research
of its vehicles. It added a 10-year or 100,000-mile (160,000 km) warranty to cars sold
in the United States and launched an aggressive marketing campaign.

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In 2004, Hyundai was ranked second in "initial quality" in a survey/study by
J.D. Power and Associates. Hyundai is now one of the top 100 most valuable brands
worldwide. Since 2002, Hyundai has also been one of the worldwide official sponsors
of the FIFA World Cup.

In 2006, the South Korean government initiated an investigation of Chung


Mong Koos practices as head of Hyundai, suspecting him of corruption. On April 28,
2006, Chung was arrested, and charged for embezzlement of 100 billion won (US$106
million), [3] with Hyundai Vice Chairman and CEO, Kim Dong-jin taking over as
head of the company.

History of Hyundai (1967- Present)

Compared to venerable US automotive companies like Ford or even Japanese


companies like Toyota, Hyundai Motor Company's history is relatively short. The
company has come a long way since it was established in 1967!

The 70S: The early years

Hyundai Motor Company was established in December 1967. The young


automaker turned to Ford of the UK as its first partner to provide the requisite
technology for cars and light trucks. This was a fruitful collaboration that led to
enduring ties between the Korea and British auto industries. However, by the early
1970s, Hyundai management had made the critically important decision not to rely
exclusively on foreign model licensing agreements but to simultaneously pursue the
developments of its own proprietary passenger car. With styling input from Giorgio
Giugiaro's ItalDesign and manufacturing know-how from Japan and the UK, Hyundai
was able to put into production its first model, the Pony. The sub-compact was an
immediate success in the domestic market and vaulted Hyundai into first place where
it has remained unchallenged for over two decades. Export markets were tested during
the latter 1970s and provided the company with early invaluable experience.

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The 80s: The boom decade

In the early 1980s, the company made another decision. Fueled by the
momentum of rapid economic growth and supported by the efforts of dedicated,
highly educated workforce, Hyundai invested in a major expansion of its Ulsan plant,
making a major transition from low volume to high volume manufacturing. Hyundai
was looking beyond the national border for future growth: The capacity would be
divided between local market demand and serving export markets. By the mid 1980s,
Hyundai had secured a solid beachhead in Canada and was ready to tackle the ultimate
marketing challenge, the US market.

The 90s: The pursuit of technical innovation and higher quality

The 1990s saw a blossoming of Hyundai's decade-long commitment to


developing its own technology. In 1991, the company unveiled its first in-house
designed power plant, the Alpha engine. Two years later, the Beta engine was
unveiled. On the international rally circuit, the Hyundai Elantra claimed the Asia
Pacific Rally Championship in its class in the 1994 and 1995 seasons, giving the
company an encouraging start in professional motor sports. Hyundai Motor Company
endured a difficult year in 1998, as domestic sales sharply declined. However, a
succession of new models, starting with the EF Sonata and XG have earned Hyundai
the highest accolades in the international automotive press and sustained exports
combined with favorable export conditions have partially offset loss experienced in
the domestic market. It was also a period of company wise and industry-wide
restructuring

. 2000 -2003: Expansion, accolades and new found respect

The new millennium ushered in an exciting time for Hyundai. A new


partnership with DaimlerChrysler bodes well for the future. Quality new models like
the Santa Fe, 2001 up Elantra and 2003 Tiburon coupe garnered praise worldwide.
Hyundai will soon open it's first manufacturing plant in the US and established a new
high tech development center in California. The future is bright, indeed.

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CHAPTER III
COMPANY PROFILE

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About HMIL

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai


Motor Company, South Korea and is the second largest and the fastest growing car
manufacturer in India. HMIL presently markets 34 variants of passenger cars in six segments.
The Santro in the B segment, Getz Prime, i10 in the B+ segment, the Accent and Verna in the C
segment, the Elantra in the D segment, the Sonata Embera in the E segment and the Tucson in
the SUV segment.

Hyundai Motor India, continuing its tradition of being the fastest growing passenger
car manufacturer, registered total sales of 299,513 vehicles in calendar year (CY) 2007, an
increase of 18.5 percent over CY 2006. In the domestic market it clocked a growth of 19.1
percent a compared to 2006, with 186,174 units, while overseas sales grew by 17.4 percent,
with exports of 113,339 units.

HMILs fully integrated state-of-the-art manufacturing plant near Chennai boasts


some of the most advanced production, quality and testing capabilities in the country. In
continuation of its investment in providing the Indian customer global technology, HMIL is
setting up its second plant, which will produce an additional 300,000 units per annum, raising
HMILs total production capacity to 600,000 units per annum by end of 2008.

HMIL is investing to expand capacity in line with its positioning as HMCs global
export hub for compact cars. Apart from expansion of production capacity, HMIL plans to
expand its dealer network, which will be increased from 183 to 250 this year. And with the
companys greater focus on the quality of its after-sales service, HMILs service network will be
expanded to around 1,000 in 2008.

The year 2007 has been a significant year for Hyundai Motor India. It achieved a
significant milestone by rolling out the fastest 300,000th export car. Hyundai exports to over 65
countries globally; even as it plans to continue its thrust in existing export markets, it is gearing
up to step up its foray into new markets.

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Santro AT

Santro CNG

Hyundai GETZ Prime


Hyundai Getz Prime is one of the most esteemed brands of Hyundai Motors, India, with
which they are again trying to monopolize their hold on the automotive sector. The newest
version of the Getz has captured the hearts of all car connoisseurs yearning for style with grace.
Giving tough competition to all leading auto brands, Getz Prime is available with two petrol
engine options, 1100 cc and 1300 cc. With a competitive price, the lucrative brand has many
highlighted features such as an all new help look projected in a bit more rounded shape & modern
in nature.

variants in GETZ Prime


Getz Prime 1.1 GLE
Getz Prime 1.1 GVS

Getz Prime 1.3 GLS

Getz Prime 1.3 GLX



Hyundai ACCENT

Hyundai Accent was ceremonially launched at Frankfurt International Motors


Show on 15 September, 1999. It came in two versions, i.e. Petrol and Diesel Versions
in India initially, while in Europe it was introduced only with the Petrol version.
Initially Accent came up with the manual transmission which in turn started

getting available in automatic transmission.

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.
Company Awards CNBC Autocar
Accent GLE India Hyundai has been the
Accent GLS manufacturer of the year for two years in
row.
Accent Viva

Accent Viva CRDi 'Hyundai Motor India Received


EEPC Award Engineering Export Promotion Council
(EEPC) Top exporter of the year Award
Accent CRDi
for 2005-06 on June 1, 2007

Hyundai ELANTRA

Elantra is a well equipped 5 passenger mid size family car,with the safety
Tucson - 'SUV of the year' by NDTV
features like child airbag, passenger airbag, driver airbag, child safety
Profit/Car lockAwards
& Bike etc., this
2006
car is fully packed to be marketed for a safe driving.
PM Presents Star Company Award to
Hyundai Motor India

TNS TCSS 2005 Accent Petrol - 'No 1 Entry Midsize Car'

TNS TCSS 2005 Accent CRDi - 'No 1 Midsize Diesel Car'


Elantra GT

Elantra CRDi
Hyundai Santro has topped the JD Power
Elantra GLS Asia Pacific Intial Quality Study (IQS)
that measures product quality for three
years in a row (Years 2000, 2001 and
Hyundai VERNA
2002)

Hyundai
The clean, modern and trendy texture of the Verna portraysSantro
itself has topped
as an objectthe JD Power
Asia Pacific APEAL study that measures
of panache. Rich in style and swift in movement, makescustomer
Verna the ultimate symbol
satisfaction for three years in a
of elegance. Verna is although a medium segment luxury sedan, however it has welland 2002)
row (Years 2000, 2001

been crafted in a way that it projects a very sporty look on itself. The below
mentioned traits of Verna in the domain of luxury, comfort and design is such that it
could impeccably create a sensation amongst every generation.

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Verna i (Petrol)
Verna Xi (Petrol)
Hyundai Motor Company - The Mission
Verna XXi (Petrol)

Verna CRDi VGT


In their fourth decade as an accomplished automobile company, and with 30 years of steady
growth behind them, Hyundai Motor Corporations corporate motto has remained the same -
Hyundai SONATA
Pursuing Happiness Through Cars

. Safety features like dual-front airbags, dual pre-tensioned seat belts, load
The company's
limiters strategic
etc make this cargoal
saferfor
forthe coming
drivers. millennium
Its 2.4 litre four aims at being
cylinder VTVTone amongst the Global
engine
Top
and Ten
other(GT-10).
comfortTheir corporate
features like rearphilosophy seeks to
seat adjustment, improve
shut off typethe
AClives ofglove
vent, everyone surrounding
the
box,company, and boot
boot lid and makecapacity,
Hyundai suna glass
company that
space, is respected sound
ergonomically by people all front
system, over the world. To
advance
and rearinto the front
speakers, ranks and
tweeters of the global etc
woofers autoensure
industry
the in the next
quality century.
of the car.

Objectives of Hyundai

The objectives of Hyundai motor company are,

Best customer service.


Best technology.
Best quality products.
Best value for people.

Development in Hyundai
Sonata Embera 2.4 M/T

Ever since its inception


Sonata 30 A/T
Embera 2.4 years ago, Hyundai has always given lot of attention to in-house
technical and design expertise. HMC has achieved its position as the leader of the Korean
Sonata Embera H-Matic
automobile industry through the application of the latest technology and development of its own
models.
Hyundai TUCSON

The company hasthis


Tucson, established a state-of-art
sport utility Namyang
vehicle is gaining its R&D centerforatits
popularity a cost
path of more than Rs.1700
breaking
crores. The Namyang
technology and smartfacility includes Its
performance. a high-speed test oval, styling
high-end equipments studios,
and well a prototyping center
researched
and world-class
engineering test facilities.
ensure the quality of this vehicle.

Hyundai's research and development staff is growing at a rapid rate and in fact, they have planned

Its comfort features include pop-up


26 center console, 2 tier trays, lower cash
pad tray, under seat tray, tray under door grip, luggage compartment tray, glove box
partition, center console cup holder, rear armrest cup holder, bottle holder and map
rear view mirror, power and tilt steering, RHD controls.

to invest $5.7 billion between now and end of the century on new model development programs
and advanced technology. Along with Namyang, Hyundai's global research and development
network consists of eight research centers worldwide.

Hyundai's overseas manufacturing locations -

Hyundai Motor America, California USA - April 1985


Hyundai Auto Canada, Ontario Canada -November 1995
Hyundai
HyundaiMotor
TERRACAN
Deutschland GmbH, Germany - November 1990
Wuhan Grand Motor Co. Japan - November 1993
HyundaiTerracan
Assan Otomotiv
is one of Sanayi Vepopular
the most Ticaret A.S.
sport-utility
Istanbul Turkey,
vehicle 1994 It has option
of India.
Hyundai Motor
for shifting India
at the Ltd.,
flick of Chennai India - May
a knob between 1996 and 4WD. Even up to 80 km/hr,
the 2WD
it can shift drive modes withoutstopping.

Hyundai i10

The Hyundai Motor group takes a new plunge in the market by launching the
most dynamic and vibrant car called Hyundai i10. Designed with all the latest
technologies and luxurious features inside, it can become the fantasy of any car
lover. It has been designed in the most extraordinary and inventive way that can cater
to the needs of a modern day customer in a efficient way. It consists of streamline
bodyline and waistline molding that lends it a sporty look.
27
Board of Directors of Hyundai Motor

As the above in Hyundai different types of four wheeler models


Position are available in
Personnel
Indian market for its customers
Chairman (Inside Director) Mong Koo Chung

Vice-Chairman (Inside Director) Dong Jin Kim

President
RETAIL FINANCE PARTENERS Yeo Chul Youn

Hyundai hasDirectors
Outside been associated with the following Kwang
(Non-standing) financeNyun
partners
Kimto facilitate the
finance to its customers.
Dong Gee Kim

Byoung Il Park

HMIL Board of Directors and Executives


VP : G. S. Ramesh

MD : Yang Soo Kim

TOP COMPETITORS
MD : H. S. Lheem

Deputy M. D. : Moon Hee Lee

The following auto mobile companies


Executive are the -top
Director competitors
Marketing to the
: Jona Hyundai
Hyok Kim motor company.

Executive
1. Maruti Suzuki India LimitedDir - Procurement : Min Ho Lee
Executive
Maruti Suzuki India Dir.
Limited is Administration : Yui Guen
the premier car company in Cho
India. Maruti Suzuki Limited
(MSL) was established in Feb 1981. The company entered into collaboration with Suzuki Motor
Corporation of Japan to manufacture cars. Maruti is the highest volume car manufacturer in Asia,
outside Japan and Korea. Despite there being 11 companies now in the passenger car market in
India, Maruti holds about 60% of the total market share.

2. Toyota Motors

With the full devotion and round the clock services, Toyota Company has dragged the
attention of Indian customers to its products. Toyota tied up with Kirloskar Group by forming
28
CHAPTER IV
DATA ANALYSIS &
INTERPRETATION

29
TABLE. 4. 1. (A)

Gender of respondents those who own the Hyundai car.

S.No. Gender No. of Percentage of respondents


Respondents
1 Male 95 95
2 Female 5 5
Total 100 100

This table contains the data about the respondents those who were responded to this
questionnaire. This table shows us the respondents data according to their gender
wise. i.e., the percentage of male and female respondents. This data is put in the form
of bar diagram below.

Graphical representation

Inference
30
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram 95% of the respondents are males and only 5% of the respondents
are females.

TABLE. 4. 1. (B)

Occupation of respondents those who own the Hyundai car.

S.No. Occupation No. of Respondents Percentage of


respondents
1 Student 28 28
2 Businessman 34 34
3 Employee 26 26
4 others 12 12
Total 100 100

The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows us the respondents data according to their
occupation wise. i.e., the percentage of student respondents and businessmen,
employee and also other respondents.

This data is put in the form of bar diagram below.

Graphical representation

Inference

31
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 28% of the respondents are students, 34% are businessmen, 26%
are employees and 12% of the respondents.

TABLE. 4. 2.

Age of respondents those who own the Hyundai car.

S.No. Age No. of respondents Percentage of


respondents
1 21-30 Years 36 36
2 31-40 Years 34 34
3 41-50 Years 18 18

4 51-60 Years 8 8
5 Above 60 Years 4 4
Total 100 100
The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows us the respondents data according to their age
wise. This data is put in the form of bar diagram below.
Graphical representation

Inference

32
Out of 100 respondents, 36% of the respondents were between 21-30 years and
34% of the respondents were belongs to 31-40 years and 18% of the respondents were
belongs to 41-50 years, 8% of the respondents were between 51-60 years and 4% of
the respondents were above 60 years.

TABLE. 4. 3.

Responses of customers, those who own the car.

S.No. No. of cars No. of respondents Percentage of


respondents

1 One 67 67

2 Two 28 28

3 Three or more 5 5

Total 100 100

The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows that the responses of customers, those who own
the car. This data is put in the form of bar diagram below.

Graphical representation

Inference

33
Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 67% of the respondents have only one four wheeler and 28% of
the respondents have two four wheelers and 5% of the respondents have three or more
four wheelers.

TABLE. 4. 4

Respondents usage period of the Hyundai car since they purchase.

S.No. No. of years No. of Percentage of


respondents respondents
1 Less than 6 months 8 8
2 6 months -1 year 18 18
3 1-2 years 38 38
4 2-3 years 26 26
5 More than 3 years 10 10
Total 100 100

The above table contains the data about the respondents those who were responded to
this questionnaire. This table shows that the respondents usage period of the Hyundai
car since they purchased. This data is put in the form of bar diagram below.

Graphical representation

34
Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 8% of the respondents has been using the Hyundai car since 6
months and 18% of the respondents has been using for 6 months 1 year, and 38% of
the respondents has been using for 1-2 years and 26% of the respondents has been
using for 2-3 years and 10% of the respondents has been using for more than 3 years.

TABLE. 4. 5

Satisfied characteristics of Hyundai by the Hyundai customers.

S.No. characteristics No. of respondents Percentage of


respondents
1 Cost effective 30 30
2 Status 13 13
3 Easy maintenance 22 22
4 Comfort 17 17
5 Stylish 18 18
Total 100 100

35
The above table contains some of the characteristics of the Hyundai cars. Respondents
have given ranks to the listed characteristics according to their priority. Out of 100
respondents, it is shown that in the table only their first priorities given towards the
listed characteristics only considered. This data is put in the form of bar diagram
below.

Graphical representation

Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 30 respondents have given first rank to cost effective (30%), 13
respondents have given first rank to status (13%) and 22 respondents have given first
rank to easy maintenance (22%), 17 respondents have given first rank to comfort
(17%) and 18 respondents have given first rank to stylish (18%).

TABLE. 4. 5. (A)

Relationship between age and characteristics of the Hyundai, which are influencing the
respondents.

characteristics Total

36
Age of Cost Status Easy Comfort stylish
respondents effective maintenance

21-30 years 10 6 3 5 12 36

31-40 years 2 4 12 10 6 34

41-50 years 12 1 4 1 0 18

51-60 years 4 1 2 1 0 8

Above 60 years 2 1 1 0 0 4

Total 30 13 22 17 18 100

The above table contains some of the characteristics of the Hyundai cars.
Respondents have given ranks to the listed characteristics according to their priority.
Out of 100 respondents, it is shown that in the table only their first priorities given
towards the listed characteristics. Here the respondents were divided into different
categories by considering their age.

Chi-square test procedure:

Steps involved in chi-square test:

1. Setting of the hypothesis.


Ho : There is no relationship between the two variables.

Ha : there is a relationship between the two variables.

2. Setting of level of significance.


The level of significance assumed as 5%..

3. Calculation of the expected frequency for each of the observed frequency.


Expected frequency = Row total * Column total
37
No. of observations

Example: = 30 * 36

100

= 10.80

4. Calculation of chi-square value


2 = (O-E) 2

O = Observed frequency.

E = Expected frequency

5. Finding out the degree of freedom.


Degree of freedom = (c-1) (r-1)

c = No. of columns.

r = No. of rows.

Degree of freedom = (c-1) (r-1)

= (5-1) (5-1)

=4*4 = 16.

6. Drawing inference.

38
Find out the table value of chi-square and degree of freedom. If the calculated
value of chi-square < the table value of chi-square, the null hypothesis is accepted. i.e.,
there is no significant difference between the two samples.

Calculation of chi-square value

S.NO. E O (E-O)2/E

1 10.8 10 0.059

2 4.68 6 0.372

3 7.92 3 3.056

4 6.12 5 0.204

5 6.48 12 4.702

6 10.2 2 6.592

7 4.42 4 0.039

8 7.48 12 2.731

9 5.78 10 3.081

10 6.12 6 0.002

11 5.4 12 8.066

12 2.34 1 0.767

13 3.96 4 0.0004

14 3.06 1 1.386

15 3.24 0 3.24

16 2.4 4 1.066

17 1.04 1 0.001

18 1.76 2 0.032

19 1.36 1 0.095

39
20 1.44 0 1.44

21 1.2 2 0.533

22 0.52 1 0.443

23 0.88 1 0.016

24 0.68 0 0.68

25 0.72 0 0.72

Total 39.332

Chi- square results table

Chi-square calculated value 39.33

Degree of freedom 16

Level of significance 0.05

Chi-square table value 26.3

Inference :

Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and influencing
characteristics of the Hyundai are dependable.

TABLE. 4. 5. (B)

Relationship between income levels of respondents and characteristics of the


Hyundai, which are influencing the respondents.

40
characteristics Total

Income of Cost Status Easy Comfort stylish


respondents effective maintenance

< 2 lakhs 0 0 0 0 0 0

2-3 lakhs 20 2 1 1 1 25

3-4 lakhs 5 3 20 15 2 45

Above 4 lakhs 5 8 1 1 15 30

Total 30 13 22 17 18 100

The above table contains some of the characteristics of the Hyundai cars.
Respondents have given ranks to the listed characteristics according to their priority.
Out of 100 respondents, it is shown that in the table only their first priorities given
towards the listed characteristics. Here the respondents were divided int different
categories by considering their income levels.

Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : There is a relationship between the two variables

Chi- square results table

Chi-square calculated value 90.10

Degree of freedom 12

Level of significance 0.05

Chi-square table value 21

Calculation of chi-square value

41
S.No. E O (E-O)2/E

1 0 0 0

2 0 0 0

3 0 0 0

4 0 0 0

5 0 0 0

6 7.5 20 20.833

7 3.25 2 0.480

8 5.5 1 3.681
Inference
9 4.25 1 2.485

10 4.5 1 2.722 Since calculated value


of 2 > the table
11 13.5 5 5.351
value of chi-square, the
12 5.85 3 1.388
null hypothesis is
13 9.9 20 10.304 rejected. Which means
14 7.65 15 7.061 the results of
15 8.1 2 4.593 experiments not

16 9 5 1.777 supporting the


hypothesis. So we can
17 3.9 8 4.310
conclude that the
18 6.6 1 4.751
income levels of
19 5.1 1 3.29 respondents and
20 5.4 15 17.066 influencing
Total 90.105 characteristics of the
Hyundai are
dependable.

TABLE. 4. 5. (C)

42
Relationship between occupation of respondents and characteristics of the Hyundai, which
are influencing the respondents.

characteristics Total

occupation of Cost Status Easy Comfort stylish


respondents effective maintenance

Student 1 2 5 4 16 28

Business 4 10 12 8 0 34

Employee 18 1 3 3 1 26

Others 7 0 2 2 1 12

Total 30 13 22 17 18 100

The above table contains some of the characteristics of the Hyundai cars. Respondents
have given ranks to the listed characteristics according to their priority. Out of 100
respondents, it is shown that in the table only their first priorities given towards the
listed characteristics. Here the respondents were divided into different categories by
considering their occupation.Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : Thereis a relationship between the two variables

Chi- square results table

Chi-square calculated value 77.15

Degree of freedom 12

Level of significance 0.05

Chi-square table value 21

Calculation of chi-square value

S.NO. E O (E-O)2/E

43
1 8.4 1 6.519

2 3.64 2 0.738

3 6.16 5 0.218

4 4.76 4 0.121

5 5.04 16 23.83

6 10.2 4 3.768

7 4.42 10 7.044

8 7.48 12 2.731

9 5.78 8 0.852

10 6.12 0 6.12

11 7.8 18 13.33

12 3.38 1 1.675

13 5.72 3 1.293

14 4.42 3 0.456

15 4.68 1 2.893

16 3.6 7 3.211

17 1.56 0 1.56

18 2.64 2 0.155

19 2.04 2 0.0007

20 2.16 1 0.622

Total 77.156

Inference

Since calculated value of 2 > the table value of chi-square, the null hypothesis
is rejected. Which means the results of experiments not supporting the hypothesis. So

44
we can conclude that the occupation of respondents and influencing characteristics of
the Hyundai are dependable.

TABLE. 4. 6.

Factors influencing the customers to make the purchase of Hyundai

S.No. factors No. of respondents Percentage of


respondents

1 Affordable price range 27 27

2 Brand name 33 33

3 Comfort /convenience 17 17

4 Economy of operation 13 13

5 Family / friends influence 10 10

Total 100 100

The above table contains some factors of the Hyundai cars. Respondents have
given their responses to the listed factors according to their priority. This data is put in
the form of bar diagram below.

Graphical representation

45
Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 33% of the respondents influenced by brand name and 27% of the
respondents influenced by affordable price range, 17% of the respondents influenced
by comfort / convenience and 13% of the respondents influenced by economy of
operation and 10% of the respondents influenced by family / friends.

TABLE. 4. 6. (A)

Relationship between age of respondents and factors, which are influencing the
respondents to make the purchase of Hyundai

46
factors Total

Age of Affordable Brand name Comfort Economy Family /


respondents price /convenience of friends
range operation influence

21-30 years 3 18 8 1 6 36

31-40 years 10 10 3 10 1 34

41-50 years 8 5 3 1 1 18

51-60 years 6 0 1 1 0 8

Above 60 years 0 0 2 0 2 4

Total 27 33 17 13 10 100

The above table contains some factors of the Hyundai cars. Respondents have given
their responses to the listed factors according to their priority. Here the respondents
were divided into different categories by considering their age.

Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : There is a relationship between the two variables

Chi-square results table

Chi-square calculated value 48.69

Degree of freedom 16

Level of significance 0.05

47
Chi-square table value 26.3

Calculation of chi-square value

S.NO. E O (E-O)2/E

1 9.72 3 4.645

2 11.88 18 3.152

3 6.12 8 0.577

4 4.68 1 2.893

5 3.6 6 1.6

6 9.18 10 0.073

7 11.22 10 0.132

8 5.78 3 1.337

9 4.42 10 7.044

10 3.4 1 1.694

11 4.86 8 2.028

12 5.94 5 0.148

13 3.06 3 0.001

14 2.34 1 0.767

15 1.8 1 0.355

16 2.16 6 6.826

17 2.64 0 2.64

18 1.36 1 0.095

19 1.04 1 0.001

20 0.8 0 0.8

48
21 1.08 0 1.08

22 1.32 0 1.32

23 0.68 2 2.562

24 0.52 0 0.52

25 0.4 2 6.4

Total
48.698

Inference

Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and factors which are
influencing the respondents to make the purchase of Hyundai are dependable.

TABLE. 4. 6. (B)

Relationship between income levels of respondents and factors, which are influencing the
respondents to make the purchase of Hyundai.

Factors Total

Income of Affordable Brand name Comfort / Economy Family /


respondents price of friends
range convenience operation influence

49
< 2 lakhs 0 0 0 0 0 0

2-3 lakhs 17 4 2 1 1 25

3-4 lakhs 5 20 13 3 4 45

Above 4 lakhs 5 9 2 9 5 30

Total 27 33 17 13 10 100

The above table contains some factors of the Hyundai cars. Respondents have given
their responses to the listed factors according to their priority. Here the respondents
were divided into different categories by considering their income levels.

Setting of the hypothesis.

Ho: There is no relationship between the two variables.

H1: There is a relationship between the two variables.

Chi-square results table

Chi-square calculated value 43.73

Degree of freedom 12

Level of significance 0.05

Chi-square table value 21

Calculation of chi-square value

S.NO. E O (E-O)2/E

1 0 0 0

2 0 0 0

3 0 0 0

4 0 0 0

50
5 0 0 0

6 6.75 17 15.56

7 8.25 4 2.189

8 4.25 2 1.191

9 3.25 1 1.557

10 2.5 1 0.9

11 12.15 5 4.207

12 14.85 20 1.786

13 7.65 13 3.741

14 5.85 3 1.388

15 4.5 4 0.055

16 8.1 5 1.186

17 9.9 9 0.081

18 5.1 2 1.884

19 3.9 9 6.669

20 3 5 1.333

Total 43.737

Inference

Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. This means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and factors which are
influencing the respondents to make the purchase of Hyundai are dependable.

TABLE. 4. 6. (C)

Relationship between income levels of respondents and factors, which are


influencing the respondents to make the purchase of Hyundai.

51
factors Total

occupation of Affordable Brand name Comfort / Economy Family /


respondents price range of friends
convenience operation influence

Student 2 16 2 6 2 28

Business 8 10 10 3 3 34

Employee 15 3 2 2 4 26

Others 2 4 3 2 1 12

Total 27 33 17 13 10 100

The above table contains some factors of the Hyundai cars. Respondents have given
their responses to the listed factors according to their priority. Here the respondents
were divided into different categories by considering their occupation

Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : There is a relationship between the two variables.

Chi-square results table

Chi-square calculated value 32.68

Degree of freedom 12

Level of significance 0.05

Chi-square table value 21

Calculation of chi-square value

52
S.NO. E O (E-O)2/E

1 7.56 2 4.089

2 9.24 16 4.945

3 4.76 2 1.600

4 3.64 6 1.530

5 2.8 2 0.228

6 9.18 8 0.151

7 11.22 10 0.132

8 5.78 10 3.081

9 4.42 3 0.456

10 3.4 3 0.047

11 7.02 15 9.071

12 8.58 3 3.628

13 4.42 2 1.324

14 3.38 2 0.563

15 2.6 4 0.753

16 3.24 2 0.474

17 3.96 4 0.0004

18 2.04 3 0.451

19 1.56 2 0.124

20 1.2 1 0.033

Total 32.689

Inference

Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we

53
can conclude that the occupation of respondents and factors which are influencing the
respondents to make the purchase of Hyundai are dependable.

TABLE. 4. 7.

Respondents awareness about the sales promotions offered by Hyundai

S.No. Opinions No. of respondents Percentage of


respondents

1 Yes 100 100

2 No 0 0

Total 100 100

This table contains the data about the respondents those who were responded to this
questionnaire. This table shows that the responses about the awareness of sales
promotions of Hyundai. This data is put in the form of bar diagram below.

Graphical representation

Inference

54
From the above bar diagram, it is clear that, Out of 100 respondents, 100% of the
respondents were aware of sales promotions.

TABLE. 4. 8.

Respondents awareness about the sales promotions offered by Hyundai through


different medias:

S.No. Media No. of respondents Percentage of


respondents.

1 Print media 34 34

2 Electronic media 42 42

3 Outdoor media 8 8

4 Online media 16 16

Total 100 100

This table contains the data about the respondents those who were responded
to this questionnaire. This table shows that the responses about the awareness of sales
promotions of Hyundai through the different medias. The data reveals that different
types of media effectiveness in promoting the brand Hyundai. This data is put in the
form of bar diagram below.

Graphical representation

55
Inference

Out of 100 respondents whose opinions were collected, it is clear that from
the above bar diagram 42% of the respondents were aware of sales promotions
through electronic media and 34%of the respondents through print media and 16% of
the respondents through online media and 8% of the respondents through outdoor
media.

TABLE. 4. 8. (A)

Relationship between age of respondents and different types of medias in promoting


the brand Hyundai.

Media

56
Age of Print Electronic Outdoor Online
respondents media media media

media Total

21-30 years 6 16 2 12 36

31-40 years 13 17 1 3 34

41-50 years 8 8 1 1 18

51-60 years 4 1 3 0 8

Above 60 years 3 0 1 0 4

Total 34 42 8 16 100

This table shows that the responses of respondents about the awareness of sales
promotions of Hyundai through the different medias. The data reveals that different
types of medias effectiveness in promoting the brand Hyundai. The data was divided
into different types of categories by considering their age.

Setting of the hypothesis.

Ho: There is no relationship between the two variables.

Ha: There is a relationship between the two variables.

Chi-square results table

Chi-square calculated value 33.09

Degree of freedom 12

Level of significance 0.05

57
Chi-square table value 21

Calculation of chi-square value

S.NO. E O (E-O)2/E

1 12.24 6 3.181

2 15.12 16 0.051

3 2.88 2 0.268

4 5.76 12 6.76

5 11.56 13 0.179

6 14.28 17 0.518

7 2.72 1 1.087

8 5.44 3 1.094

9 6.12 8 0.577

10 7.56 8 0.025

11 1.44 1 0.134

12 2.88 1 1.227

13 2.72 4 0.602

14 3.36 1 1.657

15 0.64 3 8.702

16 1.28 0 1.28

17 1.36 3 1.977

18 1.68 0 1.68

19 0.32 1 1.445

58
20 0.64 0 0.64

Total 33.09

Inference

Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we
can conclude that the age of respondents and different types of medias effectiveness to
make the purchase of Hyundai are dependable.

TABLE. 4. 9.

The effectiveness of different types of Medias in promoting the Hyundai brand to


its customers.

S.No. Media No. of respondents Percentage of


respondents.

1 News paper 25 25

2 Television 48 48

3 Hoardings 5 5

4 Internet 22 22

Total 100 100

This table shows that the responses of respondents about the awareness of sales
promotions of Hyundai through the different medias. The data reveals that different
types of medias effectiveness in promoting the brand Hyundai. Respondents have
given ranks to the listed Medias according to their priority. Out of 100 respondents, it
is shown that in the table only their first priorities given towards the listed Medias only
considered. This data is put in the form of bar diagram below.

Graphical representation

59
Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 48% of the respondents have given first rank to electronic media
and 25% of the respondents have given first rank to print media and 22% of the
respondents have given first rank to online media, 5% of the respondents have given
first rank to outdoor media.

TABLE. 4. 10.

The opinion of Hyundai customers about its sales promotions.

S.No. opinions No. of Percentage of


respondents respondents

1 Strongly agree 50 50

2 Agree 32 32

60
3 Neither agree nor 10 10
disagree

4 Disagree 6 6

5 Strongly disagree 2 2

Total 100 100

This table shows that the responses of respondents on sales promotions of Hyundai.
The data reveals that different types opinions of Hyundai customers. This data is put in
the form of bar diagram below.

Graphical representation

Inference

Out of 100 respondents whose opinions were collected, it is clear that from the above
bar diagram 50% of the respondents strongly agreed that the Hyundais sales
promotions are good, 32% of the respondents agreed that the Hyundais sales
promotions are good and 10% of the respondents neither agreed nor disagreed about
the Hyundais sales promotions, 6% of the respondents disagreed that Hyundais sales

61
promotions are good and 2% of the respondents strongly disagreed that Hyundais
sales promotions are good.

TABLE. 4. 11.

The influence of sales promotions on customers to purchase the Hyundai car.

S.No. Opinions No of Percentage of


respondents respondents

1 Strongly agree 40 40

2 Agree 31 31

3 Neither agree nor 18 18


disagree

4 Disagree 8 8

5 Strongly disagree 3 3

Total 100 100

This table shows that the responses of respondents about the influence of sales
promotions on them to purchase the Hyundai. The data reveals that different types
opinions of Hyundai customers. This data is put in the form of bar diagram below.

Graphical representation

62
Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 40% of the respondents strongly agreed that the Hyundais sales
promotions were influenced them to purchase the Hyundai car, 31% of the
respondents agreed that the Hyundais sales promotions were influenced them to
purchase the Hyundai car and 18% of the respondents neither agreed nor disagreed
about the influence of Hyundais sales promotions, 8% of the respondents disagreed
and 3 % of the respondents strongly disagreed

TABLE. 4. 12.

Schemes influences the Hyundai customers.

S.No. schemes No of Percentage of


respondents respondents

1 Price off offer 45 45

2 Less rate of interest loans 10 10

3 Festival offers 11 11

4 Exchange offers 9 9

5 Gold coins 25 25

Total 100 100

63
This table shows that the response of respondents about the scheme influences them to
purchase the Hyundai cars. In this table different schemes were listed and provided the
responses of respondents according to their view. This data is put in the form of bar
diagram below.

Graphical representation

Inference

Out of 100 respondents whose opinions were collected, it is clear that from the above
bar diagram price off offer influences 45% of the respondents, gold coins scheme
influences 25% of the respondents, exchange offer scheme influences 9% of the
respondents, festival schemes influences 11% of the respondents and less rate of
interest schemes influences 10% of the respondents.

64
TABLE. 4. 12. (A)

Relatio

nship between the age of respondents and schemes influence them to purchase the
Hyundai.

Schemes Total

Age of Price off Less rate of Festival Exchange Gold coins


respondents offer interest offers offers

21-30 years 26 1 2 2 5 36

31-40 years 15 4 5 4 6 34

41-50 years 1 3 3 2 9 18

51-60 years 3 1 0 1 3 8

Above 60 years 0 1 1 0 2 4

Total 45 10 11 9 25 100

This table shows that the response of respondents about the scheme influences them to
purchase the Hyundai cars. In this table different schemes were listed and divided the
responses according to their age.

Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : There is a relationship between the two variables

Chi-square results table

Chi-square calculated value 31.13

Degree of freedom 16

Level of significance 0.05

65
Chi-square table value 26.3

Calculation of chi-square value

S.NO. E O (E-O)2/E

1 16.2 26 5.928

2 3.6 1 1.877

3 3.96 2 0.970

4 3.24 2 0.474

5 9 5 1.777

6 15.3 15 0.005

7 3.4 4 0.105

8 3.74 5 0.424

9 3.06 4 0.288

10 8.5 6 0.735

11 8.1 1 6.223

12 1.8 3 0.8

13 1.98 3 0.525

14 1.62 2 0.089

15 4.5 9 4.5

16 3.6 3 0.1

17 0.8 1 0.05

18 0.88 0 0.88

19 0.72 1 0.108

20 2 3 0.5

21 1.8 0 1.8

66
22 0.4 1 0.9

23 0.44 1 0.712

24 0.36 0 0.36

25 1 2 1

Total 31.138

Inference

Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the
hypothesis. So we can conclude that the age of respondents and schemes which
influence them to make the purchase of Hyundai are dependable.

TABLE. 4. 13.

Opinion of respondents on price off offer of Hyundai.

S.No. Opinions No of Percentage of


respondents respondents

1 Very good 43 43

2 Good 37 37

3 Neither good nor bad 17 17

4 Bad 2 2

5 Very bad 1 1

Total 100 100

This table shows that the opinion of respondents about the price off offer scheme
which was implemented in Hyundai. In this table different opinions of respondents
were shown. This data is put in the form of bar diagram below.

Graphical representation

67
Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 43% of the respondents agreed that price off offer was very
good, 37% of the respondents agreed that price off offer was good, 17% of the
respondents neither agreed nor disagreed about price off offer, 2% of the
respondents disagreed and 1% of the respondent strongly disagreed.

TABLE. 4. 13. (A)

Relationship between the age of respondents and opinion on price off offer of Hyundai.

Opinions Total

Age of Very good Good Neither Bad Very bad


respondents good nor
bad

21-30 years 16 14 5 1 0 36

31-40 years 15 15 4 0 0 34

41-50 years 8 7 3 0 0 18

51-60 years 2 1 3 1 1 8

Above 60 years 2 0 2 0 0 4

Total 43 37 17 2 1 100

68
This table shows that the opinion of respondents about the price off offer
scheme which was implemented in Hyundai. In this table different opinions of
respondents are divided in to various categories. These categories have done by
considering the respondents age.

Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : There is a relationship between the two variables

Chi-square results table

Chi-square calculated value 26.41

Degree of freedom 16

Level of significance 0.05

Chi-square table value 26.3

Calculation of chi-square value

S.NO E O (E-O)2/E

1 15.48 16 0.017

2 13.32 14 0.034

3 6.12 5 0.204

4 0.72 1 0.108

5 0.36 0 0.36

6 14.62 15 0.009

7 12.58 15 0.465

8 5.78 4 0.548

9 0.68 0 0.68

69
10 0.34 0 0.34

11 7.74 8 0.008

12 6.66 7 0.017

13 3.06 3 0.001

14 0.36 0 0.36

15 0.18 0 0.18

16 3.44 2 0.602

17 2.96 1 1.297

18 1.36 3 1.977

19 0.16 1 4.41

20 0.08 1 10.58

21 1.72 2 0.045

22 1.48 0 1.48

23 0.68 2 2.562

24 0.08 0 0.08

25 0.04 0 0.04

Total 26.413

Inference

Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we
can conclude that the age of respondents and opinion on price off offer of Hyundai are
dependable.

70
TABLE. 4. 14.

The opinion of respondents on Benefits offered from price off offer of Hyundai.

S.No. Opinions No of respondents Percentage of


respondents

1 Strongly agree 65 65

2 Agree 20 20

3 Neither agree nor 15 15


disagree

4 Disagree 3 3

5 Strongly disagree 2 2

Total 100 100

This table shows that the opinion of respondents about the benefits offered
from price off offer scheme which was implemented in Hyundai. In this table
different opinions of respondents are divided in to various categories. This data is put
in the form of bar diagram below.

Graphical representation

71
Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram 65% of the respondents strongly agreed that benefits offered from
price off offer were fair and reasonable to other schemes, 20% of the respondents
agreed that benefits offered from price off offer were fair and reasonable to other
schemes, 15% of the respondents neither agreed nor disagreed about price off offer
benefits.

TABLE. 4. 14. (A)

Relationship between the age of respondents and opinion of them on benefits


offered from price off offer to other schemes of Hyundai

Opinions Total

Age of Strongly Agree Neither agree Disagree Strongly


respondents agree nor disagree disagree

21-30 years 20 13 3 0 0 36

31-40 years 25 3 5 1 0 34

41-50 years 12 2 4 0 0 18

51-60 years 2 1 2 2 1 8

Above 60 years 1 1 1 0 1 4

72
Total 60 20 15 3 2 100

This table shows that the opinion of respondents about the benefits offered from price
off offer scheme which was implemented in Hyundai. In this table different opinions
of respondents are divided in to various categories. . These categories have done by
considering the respondents age.

Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : There is a relationship between the two variables.

Chi-square results table

Chi-square calculated value 45.41

Degree of freedom 16

Level of significance 0.05

Chi-square table value 26.3

Calculation of chi-square value

S.NO. E O (E-O)2/E

1 21.6 20 0.118

2 7.2 13 4.672

3 5.4 3 1.066

4 1.08 0 1.08

5 0.72 0 0.72

6 20.4 25 1.03

73
7 6.8 3 2.123

8 5.1 5 0.001

9 1.02 1 0.0003

10 0.68 0 0.68

11 10.8 12 0.133

12 3.6 2 0.711

13 2.7 4 0.625

14 0.54 0 0.54

15 0.36 0 0.36

16 4.8 2 1.633

17 1.6 1 0.225

18 1.2 2 0.533

19 0.24 2 12.906

20 0.16 1 4.41

21 2.4 1 0.816

22 0.8 1 0.05

23 0.6 1 0.266

24 0.12 0 0.12

25 0.08 1 10.58

Total 45.412

Inference

Since calculated value of 2 > the table value of chi-square, the null hypothesis is
rejected. Which means the results of experiments not supporting the hypothesis. So we

74
can conclude that the age of respondents and opinion of them on benefits offered from
price off offer to other schemes are dependable.

TABLE. 4. 15.

Customers satisfaction level on the purchase of Hyundai.

S.No. Opinions No of Percentage of


respondents respondents

1 Fully 55 55

2 To some extent 30 30

3 Neutral 9 9

4 Not 4 4

5 Not at all 2 2

Total 100 100

This table shows that the data about the respondents satisfaction level on the
purchase of Hyundai car. In this table different opinions of respondents are divided in
to various categories. This data is put in the form of bar diagram below.

Graphical representation

75
Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above bar diagram, 55% of the respondents fully satisfied, 30% of the respondents to
some extent satisfied and 9% of the respondents were neutral, 4% of the respondents
dissatisfied.

TABLE. 4. 15. (A)

Relationship between the gender of respondents and their satisfaction level on the purchase
of Hyundai

Opinions Total

Gender of Fully To some Neutral Not Not at all


respondents extent

Male 54 29 7 3 2 95

Female 1 1 2 1 0 5

Total 55 30 9 4 2 100

76
This table shows that the data about the respondents satisfaction level on the
purchase of Hyundai car. In this table different opinions of respondents are divided in
to various categories. These categories have done by considering the respondents age.

Setting of the hypothesis.

Ho : There is no relationship between the two variables.

Ha : There is a relationship between the two variables.

Chi-square results table

Chi-square calculated value 10.44

Degree of freedom 4

Level of significance 0.05

Chi-square table value 9.49

Calculation of chi-square value

S.NO. E O (E-O)2/E

1 52.25 54 0.058

2 28.5 29 0.008

3 8.55 7 0.28

4 3.8 3 0.168

5 1.9 2 0.005

6 2.75 1 1.113

7 1.5 1 0.166

8 0.45 2 5.338

9 0.2 1 3.2

10 0.1 0 0.1

77
Total 10.44

Inference

Since calculated value of 2 > the table value of chi-square, the null
hypothesis is rejected. Which means the results of experiments not supporting the null
hypothesis. So we can conclude that the gender of respondents and their satisfaction
level on the purchase of Hyundai are dependable.

TABLE. 4. 16.

Respondents opinion about the recommendation of the Hyundai car to their


friends.

S.No. Opinions No of respondents Percentage of


respondents

1 Strongly agree 60 60

2 Agree 20 20

3 Neither agree nor 12 12


disagree

4 Disagree 6 6

5 Strongly disagree 2 2

Total 100 100

This table shows that the data about the respondents opinion about the
recommendation of the Hyundai car to their friends. In this table different opinions
of respondents are divided in to various categories. This data is put in the form of bar
diagram below.

78
Graphical representation

Inference

Out of 100 respondents whose opinions were collected, it is clear that from the
above pie chart, 60% of the respondents strongly agreed that to recommend the
Hyundai car to their friends, 20% of the respondents agreed that to recommend the
Hyundai car to their friends, 12% of the respondents neither agreed nor disagreed to
recommend the Hyundai car to their friends.

TABLE. 4. 17.

House holds yearly family income of respondents.

S.No. Options No of respondents Percentage of


respondents

79
1 Less than 2 lakhs - -

2 2-3 lakhs 25 25

3 3-4 lakhs 45 45

4 Above 4 lakhs 30 30

Total 100 100

This table shows that the data about the respondents house holds yearly family
income. In this table different income levels of respondents are divided in to various
categories. This data is put in the form of bar diagram below.

Graphical representation

Inference

Out of 100 respondents whose opinions were collected, it is clear that from
the above bar chart, there were no respondents whose yearly income was less than 2
lakhs, 25% of the respondents were earning 2-3 lakhs per annum, 45% of the
respondents were earning 3-4 lakhs per annum, 30% of the respondents were earning
above 4 lakhs per annum.

DEALER PROFILE

80
In Hyderabad city Sri lakshmi Hyundai. is one of the best Hyundai dealers
among the other Hyundai dealers like Talwar Hyundai, KUN Hyundai etc. Sri
Lakshmi Hyundai Pvt.Ltd. started in 1998, in Hyderabad city. The head office is
located at Lb Nagar; this is main sales branch of Hyundai in Hyderabad. The
Managing Director of Sri Lakshmi Hyundai Pvt.Ltd. is K.Ram mohan Rao.

It has been expanding its branches all over the city. First they opened one
service branch at Banjarahills. In 2004 August, two more sales and service branches
were opened at different locations. I.e. one at Kukatpally and another at L.B.Nagar.
Recently in 2007 they have opened one more sales branch at Malakpet. They have also
opened one body shop of Hyundai at Autonagar.

Sri Lakshmi HyundaiPvt.Ltd is expanding its branches in Andhra pradesh other


than Hyderabad city also. It has opened two sales branches at Rajamundry and Vizag
cities.

Sri Lakshmi HyundaiPvt.Ltd is offering different types of consumer


promotions to the ultimate consumers to make an immediate purchase and to stimulate
short term sales. In recent years it has been offering some consumer promotions like,
free accessories, less rates of interests, Festival offers (gold coins and special gifts),
Road shows, Exchange offers, Loyalty bonus offer, Price off offers etc.

81
CHAPTER- V
5FINDINGS AND
RECOMENDATIONS

82
5.1 FINDINGS

1. Out of 100 respondents, majority of respondents (67%) had only one four
wheeler and 28% of respondents had two four wheelers, only 5% of
respondents had more than three four wheelers.

2. Out of 100 respondents, majority of respondents had given first rank to cost
effective and after they preferred easy maintenance, stylish, comfort, status
likewise.

3. Out of 100 respondents, majority of them purchased the Hyundai car,


because of only Hyundai brand name, and the followed influencing
characteristics are affordable price range and convenience and rest of the
respondents got influenced by family or friends and easy maintenance.

4. Almost every Hyundai consumer had known about sales promotions,


which were offered by Hyundai. Majority of them had known about these
sales promotions through electronic media and print media.

5. Out of 100 respondents, almost every consumer had accepted that sales
promotions offered by Hyundai were very good. And they accepted that
they had purchased the Hyundai car because of brand name and also sales
promotions offered by Hyundai.

83
6. Especially in Hyundai sales promotions price off offer attracted many
consumers and they accepted that benefits offered from price off offer were
reasonably fair to other schemes.

7. More respondents accepted to recommend the Hyundai car to their friends


because they had satisfied with Hyundai brand

5.2 RECOMMENDATIONS

1. While promoting the cars through advertisements more care should be taken.

2. If Hyundai maintains these affordable price ranges like these, sales will be
increased in future.

3. Outdoor media has been influencing less number of consumers, so if Hyundai


concentrate on this the results would be more positive.

4. Continuing the sales promotions like price off offers, gold coins, festival offers
would be helpful to Hyundai to increase its sales to the great extent in future.

5. By identifying the needs of the customers, sales promotions should be


enhanced.

5.3 CONCLUSION

It may be concluded that members of the sample are feeling a need to have the
Hyundai car. They feel that cost effective, comfort, easy maintenance, stylish are the
main attributes to purchase a car. They have liked Hyundai sales promotions very
well. Especially they liked the price off offer because benefits offered from this offer
are fair and reasonable to other schemes. And almost all respondents are aware of
sales promotions, which are offered by Hyundai. This indicates that Hyundai is
promoting its cars in a correct manner. This is a good sign to Hyundai. The results are
indicating that sales promotions are really affecting the sales by stimulating the
consumers.

5.4 LIMITATIONS

84
1. The survey is limited only to Hyderabad city.

2. The survey is carried out within a short span of time 30 days.

3. Due to limited span of time data is collected from only 100 respondents.

4. The sample selected is on the basis of convenient random sampling only.

5. As the sample size is small the end result obtained is not so accurate.

85
QUESTIONNAIRE

1. Personal profile:

Name: Gender: Occupation:


Student businessman Employee Others

2. Age

21-30 years 31-40 years 41-50 years

51-60 years above 60 years.

How many four wheelers do you own?

One Two Three or more.

3. How long are you using the Hyundai Car?


Less than 6 months 6 months-1year

1-2 years 2-3 years. More than 3 years

4. In which of the following issues you are satisfied? (Rank them as 1, 2, 3, 4, 5.)
Cost effective Status Easy maintenance

Comfort Stylish

5. Which factor influenced you to make the purchase of Hyundai?


Affordable price range Brand name

Family / Friends influence.

6. Are you aware of any sales promotions offered by Hyundai?


Yes. No.

7. How did you know?


Print media Electronic media

Outdoor media Online media.

8. Which media impressed you more? (Rank them as 1, 2, 3,4).


News paper TV

Hoardings Internet.

9. The Hyundai sales promotions are good.


Strongly agree Agree Neither agree nor disagree
86
Disagree Strongly disagree

10. The sales promotions are influenced me to purchase the HyundaiCar.


Strongly agree Agree Neither agree nor disagree

Disagree Strongly disagree

11. Which of the following scheme influences you more ?


Price off offer less rate of interest loans Festival offers

Exchange offers Gold coins.

12. What is your opinion on Price off offer?


Very good Good Neither good nor bad

Bad Very bad.

14. Benefits offered from Price off offer are fair and reasonable as compared with
other schemes?

Strongly agree Agree Neither agree nor disagree

Disagree Strongly disagree

15. Have your car reached your expectations level when you purchased?
Fully To some extent Neutral

Not Not at all

16. I Will recommend the Hyundai Car to my friends?


Strongly agree Agree Neither agree nor disagree

Disagree Strongly disagree

17. What is your house holds yearly family income?


Less than 2 lakhs 2-3 lakhs

3-4 lakhs above 4 lakhs.

87
BIBLIOGRAPHY

1. Philip Kotler, Principles of Marketing, Prentice Hall of India, 7th edition,


1996.
( Referred pg.nos. 510, 511, 513 ).

2. Philip Kotler, Marketing Management, Prentice Hall of India, 8th edition,


1996.
( Referred pg nos. 664, 666, 668 ).

3. George E. Belch, Michael A. Belch, Advertising and Sales promotion, Tata


MC
Graw HILL, 6th edition, 2004. ( Referred pg nos. 510, 513, 522, 526, 544 ).

4. Tom Duncan, Principles of Advertising and Integrated Marketing


communication, Tata MC Graw HILL, 2nd edition, 2005. ( Referred pg
nos. 5, 9, 445, 447, 450 ).
5. JOHN R. ROSSITER, LARRY PERCY, Advertising communications and
promotion management, Tata MC Graw HILL, 2nd edition. 1997.
( Referred page no.s. : 352, 354, 356

Referred website addresses

www.hyundaiindia.co.in

www.indiaautomobile.com

www.salespromo.com

www.carwale.com

www.rightautos.com

www.driveinside.com

www.upspiral.com

www.ask.com

www.auto.indiamart.com

www.prodomain.com

www.hyundaimotors.com

88

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