Bhavesh Kasare - MBA FINAL SIP Sales & Marketing in Maruti Suzuki NEXA2023-24
Bhavesh Kasare - MBA FINAL SIP Sales & Marketing in Maruti Suzuki NEXA2023-24
Project Report
on
“To Study Sales & Marketing at Maruti Suzuki NEXA,
Jalgaon”
Submitted to
Kavayitri Bahinabai Chaudhari North Maharashtra University
Jalgaon
In Partial Fulfilment of the Requirement for the Award of the
Degree of Master in Business Administration
Guided by Submitted by
Prof. Rohit Salunkhe Bhavesh Prakash Kasare
MBA [Marketing]
Date:
This is to certify that Mr. BHAVESH PRAKASH KASARE is a student of MBA final year
(Maketing) of G. H. Raisoni Institute of Business Management, Jalgaon. He / She has carried out
This research work has been carried out under my supervision and is of sufficiently high
standard to warrant its presentation for the examination leading to the Degree of Master of
Business Administration of Kavayitri Bahinabai Chaudhari North Maharashtra University,
Jalgaon. . I also certify further, that to the best of my knowledge the work reported
herein does not form part of any other project report or dissertation on the basis
of which a degree or award was conferred on an earlier occasion on this or any
other candidate. I have also checked the plagiarism extent of this report
which is ……… % and it is below the prescribed limit of 30%. The separate
plagiarism report in the form of html /pdf file is enclosed with this.
The project would never have been a without the encouragement, guidance and motivations of the
mainly selfless souls. There are also some persons to whom I am and will always be grateful to
First of all I would like to thank almighty God who has given me the opportunity to express my
sincere gratitude to the Teachers, Guide, family members and other important persons who have
guided and inspired me in completing in project report particularly and my MBA course as a whole.
Secondly, I would like to express my thanks and due gratitude to my Guide Prof Tanmay Bhale
and Rohit Salunkhe G.H. Raisoni College, Jalgaon for his king initiative, guidance and valuable
suggestions to prepare the Project Report.
I also expressed my profound sense of gratitude to Avinash Chaudhari (HR-Manager) of NEXA
Manraj Automobile Pvt. Ltd., who provides me all the necessary and relevant information’s, full
co-operation valuable support and guidance.
My last but not the least thanks goes to my friends and everyone who directly help me to complete
this report.
1 Introduction 1
3 Review of Literature 17
7 Finding of Study 62
9 Bibliography / References 69
10 Annexure 71
INTRODUCTION
1
INTRODUCTION
Sales Promotion is one of the seven aspects of the promotional mix. (The other six parts
of the promotional
mix are advertising, personal selling, direct marketing, publicity/public relation,
corporate image and exhibitions.)Media and non-media marketing communication are
employed for a pre-determined, limited time to increase consumer demand, stimulate
market demand or improve product availability. Examples include contests, coupons,
freebies, loss leaders, point of purchase displays, premiums, prizes, product samples, and
rebates.
Sales promotions can be directed at either the customer, sales staff, or distribution
channel members (such as retailers).
Consumer sales promotions. Sales promotions targeted at retailers and wholesale are
called
Trade sales promotions. Some sale promotions, particularly ones with unusual methods,
are considered gimmicks by many.
Sales promotion includes several communications activities that attempt to provide added
value or incentives to consumers, wholesalers, retailers, or other organizational customers
to stimulate immediate sales. These efforts can attempt to stimulate product interest, trial,
or purchase. Examples of devices used in sales promotion include coupons, samples,
premiums, point-of-purchase (POP) displays, contests, rebates, and sweepstakes.
This project report is a detailed and comprehensive report based on a systematic process
carried out on designing, collection, interpretation and reporting of information to help
marketers solve specific sales and marketing related problems or take advantage of
immerging opportunity in immerging market. These specific information collected during
the survey address a key marketing issue. [2]
2
INTRODUCTION ABOUT MANRAJ AUTOMOBILES PVT. LTD. NEXA
The journey of NEXA flourish with all the 3 years with most
prestigious award of NEXA is ALPHA dealership consecutive from last 3 years, it has
achieved an and has maintained its quality in sales and service throughout till the date.
Maruti Suzuki currently sells Fronx, Baleno, Grand Vitara, XL6, Ciaz, Ignis and Jimny
through NEXA outlet. S-Cross was the first car to be sold through NEXA outlet. The
company recently chieved a milestone of selling 1.5 million cars from over 350
dealerships across the country and third largest automobile retails channel of India.
3
Company
Profile
4
COMPANY PROFILE
“NEXA”- They say that ‘Rome was not built in a day,’ and quite rightly so. To build
something endurable, one has to invest considerable amount of time, thought and money.
A similar story went into the making of Maruti Suzuki Nexa, the brand’s premium
dealership in India.
Maruti Suzuki is the most loved car brand of India for its great value, fuel efficiency and
huge service network. As per reports, the brand controls over 45% of the Indian car
market with its small cars. Some of its popular products involve Maruti 800, Zen, Swift,
Dzire, Alto and Van (Omni).
However, over the years, the brand has not been able to foray into the premium car
segment despite repeated attempts with products such as Kizashi and Vitara.
Some of the reasons for this failure are attributed to reasons like Maruti Suzuki being
known as affordable, fuel efficient and great value providing car brand. Secondly, it has
not been positioned as high-end brand, and hence so people ask – Why should I pay such
a high price for a Maruti Car?
However, lately, Maruti Suzuki has returned with a fresh attempt to enter the high-end car
segment with the launch of first of its kind premium retail network – Nexa. In recent
times, Nexa is one of the biggest bets from the Maruti Suzuki in the Indian market.
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Indian Market Player in Automobiles
6
Milestone Of Development
7
Board of Director
8
As a responsible corporate citizen, Maruti Suzuki India Limited ('Maruti' or "the Company") has
always believed in following highest standards of Corporate Governance. Being a listed
Company, every act of the Company, its Board Members and its employees is the focus of public
attention and accordingly, there is a need to reinforce Maruti's commitment towards maintaining
highest standards of Corporate Governance. This Code of Business Conduct and Ethics ("Code
of Conduct" or "Code") helps ensure compliance with our standards of business conduct & ethics
and also with regulatory requirements. All Senior Management Personnel are expected to read
and understand this Code of Business Conduct and Ethics, uphold these standards in day-to-day
activities and also comply with all applicable standards, policies and procedures of the company.
This policy should be read in conjunction with applicable regulations & existing policies &
procedures of the Company. You can also contact the Secretarial & Legal Department if you
have any questions or clarifications.
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• What is Nexa?
Nexa is a retail network from Maruti Suzuki that caters the high-end consumers who have
gone beyond their first cars and are now looking for an experience. It offers a high level
of sophistication and is based on the principles of exclusivity, pampering and listening to
the consumer.
But creating Nexa was a mammoth task for both the brand and Hakuhodo India team, the
agency entrusted with the responsibility of creating Nexa. On to the drawing board, the
agency had to revisit the entire journey of customer’s experience while buying a Maruti.
Elvis Sequeira, COO, Hakuhodo India, shares that they aimed at creating a different
mindset and imagery for Maruti. “Nexa is for a well travelled consumer who is digitally
savvy, updated and seeks a world class experience while buying a car. After research, we
found that the Maruti’s popular retail channel is not equipped for it and hence a separate
channel was needed,” adds Sequeira. S Cross was the first car launched at Nexa and was
followed by Ciaz Hybrid and Baleno Hatchback. Sequeira points that the cars sold from
Nexa will not be sold at the popular Maruti dealerships.
As Maruti Suzuki is a pan India brand, Nexa needed to have a similar presence. The
thought posed several questions for the stakeholders as Nexa wasn’t meant cannibalize
Maruti’s existing small car market and it shouldn’t disturb the dealer-brand relationship.
Sequeira pointed that Nexa’s idea got a great response from both brand and agency. “We
had to get it completely right because if we did not, then it would have hampered the
brand’s image, which it had created after years of great services,” shared Sequeira.
“The biggest problem in designing Nexa was that it could not just be better than an
existing model. It had to be completely different, something that was never thought and
done before,” elucidated Sequeira.
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The Hospitality Factor
After a research, it was established that consumers (while buying cars) missed on
hospitality. Hence, the concept of Nexa was derived from the hospitality, banking and
aviation industries, which knew well about one-on-one interaction with the consumers.
“For Nexa, we roped in people from banking, aviation and hotel industries as they knew
hospitality nuances. Later, we trained them in selling cars,” shared Sequeira.
With product at the center and hospitality surrounding it, the designing teams were clear
that the Nexa representatives will have to partner consumer throughout the lifetime of the
car. “Consumer should know his relationship manager and vice versa,” shared Sequeira.
The design team thought of consumer from the time he thinks of the car, visits the facility
and purchases it. Hakuhodo India focused on 19 different aspects in this journey.
It begins with the Valet Parking offered to every visitor. “Consumer mostly visits a car
showroom with his family. While the entire family gets down, one of them is left to drive
and park the car in the usual scenario. At Nexa, we save this trouble,” shared Sequeira.
The agency trained people on how to greet consumers when they enter. It designed the
area where they will sit, how they will see the car and what drink will be served, how the
relationship manager will begin the discussion, and a private space to discuss the
financial things.
“In our research, we found that the to and fro movement of the backend staff clutters the
showroom, so we kept them
Away at Nexa. We designed the dresses of the staff at Nexa according to the ranks. While
the theme of the dress was same, but there was a slight difference in the shades. At Nexa,
no staff is allowed to be in casual. We had to manage the supply of cloth and design. It
was a difficult task,” shared Sequeira. Interestingly, unlike the other popular showrooms,
the design team decided to keep only one car per model. “We
Designed the technology to show the consumer on how different color looks on the car,”
shared Sequeira.
While technology was at the centre in designing Nexa, the design teams worked towards
a paperless outlet. The idea was to provide information around the market and the car on
digital platform.
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A Hakuhodo team from Japan helped in setting the lighting in the showrooms right.
Instead of using the flat light, they focused the spotlight on the car using professional
light to give a majestic look to the car.
In usual situations, the car is delivered outside the showroom but at Nexa the design
teams in association with Japanese Hakuhodo team, decided to do it inside the showroom
as they wanted other customers to get the feel of it. “Some of the points that were
discussed and raised while designing the delivery were about emissions, space, oil stains,
health effect on the staff and heat measure. We installed filters that sucked Carbon
Monoxide, managed the cooling systems and employed other measures to ensure that the
car could be delivered inside Nexa,” shared Sequeira.
The teams also designed a protocol to escort a consumer with least inconvenience to the
nearest Nexa if he lands up in a popular Maruti dealership for purchasing a car that was
sold at Nexa.
And finally, the theme of the outlet was kept black and white prestige monochrome. The
idea was that the only spot of colour in the showroom should be the vehicles displayed in
its full glory.
Overall, the Nexa experience has been designed to be less intrusive, less red-tape, less
paperwork than what is absolutely mandatory. It has been designed to answer customer’s
questions and not push information through. “We understand our customers want a
seamless experience across web, call centre, showroom and service centre. He wants to
be able to define how, when and where he interacts with NEXA. He is slowly rejecting a
colourful 24 pager for an e- brochure and is very protective of how much information he
wants to share with a brand. Today, a customer asks, ‘why do you want to know my
address and full history when I have come just for an enquiry?” shares Sequeira.
The first Nexa prototype was created in Delhi and the brand was very careful about not
revealing on it before the launch.
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COMPANY POLICIES
Quality policy:
Consumer satisfaction through continuous improvement of our products and services by
following PDCA in all functions and levels of our organization
Environmental policies:
In order to pass on to the next generation a clean environment and a bountiful society, we realize
that the actions of each and every one of us have a great effect on our earth’s future, so we must
make every effort to preserve our environment and as such Maruti Suzuki India Limited,
manufacturer of passenger cars and utility vehicles at its plants in Gurgaon &Manesar and R & D
Centre in Rohtak is committed to:
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Occupational Health and Safety policy:
At Maruti Suzuki, we are committed to ensure a safe and a healthy working environment for all
MSIL employees, visitors, contractors, vendors and persons present by preventing work related
injuries and illness. To meet our responsibilities, we shall maintain a safe working environment
and have an Occupational Health and Safety Management System (OHSMS) in place to:
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COMPANY VISION
To be the leader in the Indian automobile industry, creating customer delight and share holders
wealth and to be the pride of INDIA.
Core values.
Customer obsession. Openness and learning
Fast, flexible and first mover.
Innovation and creativity
Networking and partnership
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Industrial relationship...
Since its founding in 1983, MarutiUdyog Limited has experienced problems with its
labour force. The Indian labour it hired readily accepted Japanese work culture and the
modern manufacturing process. In 1997, there was a change in ownership, and Maruti
became predominantly government controlled. Shortly thereafter, conflict between the
United Front Government and Suzuki started. In 2000, a major industrial relations issue
began and employees of Maruti went on an indefinite strike, demanding among other
things, major revisions to their wages, incentives and pensions.
Employees used slowdown in October 2000, to press a revision to their incentive-linked
pay. In parallel, after elections and a new central government led by NDA alliance, India
pursued a disinvestment policy. Along with many other government owned companies,
the new administration proposed to sell part of its stake in Maruti Suzuki in a public
offering. The worker’s union opposed this sell-off plan on the grounds that the company
will lose a major business advantage of being subsidised by the Government, and the
union has better protection while the company remains in control of the government 1280
The standoff between the union and the management continued through 2001. The
management refused union demands citing increased competition and lower margins. The
central government privatized Maruti in 2002 and
Suzuki became the majority owner of Maruti Udyog Limited.
16
Literature
Review
17
LITERATURE REVIEW
The examination talks about the instance of Maruti Suzuki India Ltd., India’s driving traveler
vehicle organisation, which has constantly kept up a tag of being a warhorse in the mass
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fragment, presently needing to tap its solid base of 15 million clients when they move up to the
following dimension.
Careful about its inability to attack into premium areas in past endeavors, MSIL is going the
additional mile in its marking exercise this time. With the dispatch of remain solitary showrooms
under the NEXA brand name that feature the new exhibit of premium traveler autos in Maruti’s
steady, the organization is making exceptional achievement into recent unexplored landscapes.
By broadly financing the striking activity, the organization has assembled a portfolio that
interests to clients in a retail bundling that interests to recognizing buyers.
Given that Maruti Suzuki has kept up its conventional fortification picture of making reasonable,
low upkeep, promptly adjusted vehicles, the inquiry is whether the vehicle creator best known
for its VFM contributions will almost certainly make the move to the superior space.
Gerald D Bell (1967) inquires about how another vehicle buyer feels about the buy and what
factors decide his reaction when he begins utilizing his new vehicle. The aftereffect of this
examination proposes the impact of a customer self-assurance and his identity with the nature of
purchasing.
Dr.Garima Malik(2008) exhibits an investigation on client discernment and the desires from
Goodbye Nano Conducted by Asst. Prof in Amity Business School-Noida. Fundamental features
of the examination are, to
Comprehend the general discernment about NANO, factors which would impact the purchasing
choice and shopper desires from NANO.
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Chi HsinKuang (2002) in his paper titled “The Impact of Brand Awareness on Consumer
Purchase Expectation” attempts to clarify the impacts among brand steadfastness brand
mindfulness, saw quality furthermore, aim of client buy.
Jacoby and Kyner (1973) in his paper title “Brand Loyalty” there are critical contrasts in the mid
of repeat conduct of buying and reliability towards brand. As per them, the set of seven
fundamental just as commonly attractive conditions can be characterized as brand faithfulness.
The sample size for the research is 104 and data was collected from random people. The data
was collected both offline and online. People from different economic background and
occupational background were approached. Data sources include majorly secondary data
involving student journals, research papers published in reputed journals across the world.
Results
From the examination it has been discovered that the majority of the respondents partner
NEXA with its parent brand-Maruti Suzuki. Be that as it may, the parent brand sheds its
great unwavering quality on NEXA.
Respondents knew about the top notch normal for the brand NEXA yet did not discover it
to be as rich as different brands inside its range, ascribed by the way that esteem included
administrations offered by NEXA were not as commonplace to the respondents.
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Objective of the
Study
21
Objective
The purpose of this project study is to include managerial decision making related to
identification and solution of problem and opportunities in sales and marketing which intern
helps to generate, monitor, refine, upgrade, and evaluate, sales and marketing performance. It
also helps to improve the understanding of sales and promotion as a process.
It manages and implements data collection process, analysis, and validates results, then
communicate these findings and implication to the higher management.
This project study also helps to identify and explore consumer behaviour pattern, their attitude,
believes, opinion and preferences. It helps company to stay in touch with consumer changing
attitude and purchase behaviour.
The project study findings help management in devising and determining the feasibility of
marketing strategy to match the target audience.
To study the consumer perception about the maruti Suzuki nexa four-Wheelers.
To suggest few sales promotion techniques to improve the brand awareness amongst
consumers.
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Executive SUMMARY
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Chronology Under the Maruti name
In 1970, a private limited company named Surya Ram Maruti technical services private
limited (MTSPL) was launched on November 16 1970. The stated purpose of this company was
to provide technical know-how for the design, manufacture and assembly of “a wholly
indigenous motor car”. In June 1971, a company called Maruti limited was incorporated under
the Companies Act. Maruti Limited went into liquidation in 1977. Maruti Udyog Ltd was
incorporated through the efforts of Dr V. Krishnamurthy.
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Automobile sector before Maruti Suzuki
Only three national passenger car manufacturers Premier, Hindustan motors, and
Mahindra & Mahindra were present before 1981 with limited products.
25
After MUL incorporated in INDIA.
Delhi based Harpal Singh, an Air India official, was the first customer. He went on to become
something of a celebrity later. And in 1984, when Bhargava visited Kolkata, the journalists told
him that the only car to have made it to the airport was the Maruti 800. He and his car had been
redeemed.
Indian Auto industry is the 5th largest automobile market in the world.
Accounts for 49% of the country’s manufacturing gross domestic product (GDP), and
7.1% of the country’s overall GDP (in FY 22-23)
High service penetration -Service at door step facility.
More than 38 lakh passenger vehicles (cars and utility vehicles) sold in FY 2014-15
alone.
There are a total of 21 passenger car passenger manufactures in india. Some of the key
players are Maruti Suzuki, Hyundai Motors, Tata Motors, Mahindra & Mahindra, Honda.
BALENO
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PRODUCT PROFILE OF THE ORGANIZATION
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Kerb Weight : 260 liters
Seating Capacity : 5
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Mileage (City) : 18 kmpl (approx.)
Mileage (Highway) : 20kmpl (approx.)
Mileage (Certified) : 22.35kmpl
CAPACITY
Seating Capacity : 5
Number of Seating Rows : 2 Rows
Number of Doors : 5 Doors
Boot Space : 318 litres
Fuel Tank Capacity. : 37 litres
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variants for the car across two engines and three gearbox options. This is Maruti’s second SUV-
styled vehicle in the highly competitive sub-4 vehicle segment. Here is everything you need to
know about the car.
Capacity
Seating Capacity ꓽ 05
No of Seating Rows : 02
Bootspace ꓽ 308
Fuel Tank Capacity ꓽ 37
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Rear Brake Type ꓽ Drum
Minimum Turning Radius ꓽ 4.9
Steering Type ꓽ Electric
Steering Column ꓽ Tilt & Telescopic
Tyre Size ꓽ 195/60 R16
The new MarutiJimny, a SUV from Maruti Suzuki, was launched in India in Jun 2023. Jimny has
received a 57% rating score from our users. Jimny is preferred for its styling and performance.
Jimny competes with Mahindra Thar, Force Motors Gurkha in India.
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Ground Clearance : 210 mm
Kerb Weight : 1205 kg
CAPACITY
Doors : 05
Seating Capacity : 04
No of Seating Rows : 02
Bootspace : 211
Fuel Tank capacity : 40
Engin&Transmission
Engine Type : K15B with Idle Start Stop
Valve/Cylinder (Configuration) : 04
Displacement : 1462
Mileage (ARAI) : 16.39 kmpl
Emission Norm Compliance : BS VI 2.0
Max Power (bhp@rpm) : 103.39bhp@6000rpm
Fuel Type : Petrol
Max Torque (Nm@rpm) : 134.2nm@4000rpm
No of gears : 4-speed
Transmission Type : Automatic
Cylinders : 4-speed
Driving Modes : AWD
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Maruti Suzuki XL6
A symbol of indulgence, the NEXA XL6 is back in an all-new avatar! The new 2022 XL6 is the
perfect embodiment of NEXA’s endeavour to create the cars of tomorrow. The Premium MPV is
based on the Crafted Futurism Design Language that is characterised by the impressive presence,
and indulgent interiors. The NEXA XL6 by Maruti Suzuki also offers state-of-the-art features
and specifications that promise an indulgent experience in every drive.
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CAPACITY
Doors : 05
Seating Capacity : 06
No of Seating Rows : 03
Boot Space : 209
Fuel Tank capacity :
Engin&Transmission
Engine Type : K15C Smart Hybrid
Valve/Cylinder (Configuration) : 04
Displacement : 1462
Mileage (ARAI) : 20.27 kmpl
Bore (mm) x Stroke (mm) : 74.0 x 85.0
Max Power (bhp@rpm) : 101.65bhp@6000rpm
Fuel Type : Petreol
Max Torque (Nm@rpm) : 136.8Nm@4400rpm
No of gears : 6-Speed
Transmission Type : Automatic
Cylinders : 04
Driving Modes : 2WD
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NEXA by Maruti Suzuki – Premium Cars by NEXA
36
Prospect Management
Showroom Interaction
A costumer walks in to the showroom with an enquiry about the most important witch
highest conversion ration.
Process guidelines
To customer
All documents must be handed over to customer in only Nexa paper Dockets no
losses sheets to be customer
Process Steps
Floor manager (FLM) greets the customers and notes initial details of customer
FLM presses the bell of RM and the pantry and escorts the customer to the
customer lounge
Party servers water (200 ml mineral water bottle) to the customer
FM meets the customer in the customer lounge
Fine out was the customer hopes to accomplish during his/her visit
Understand need of customer and type of usage of vehicle enguired
Capture contact detach in the enquiry tab
Provide the desired details to the customer
Drop the customer to the gate and say thank you when customer is leaving
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Process key Notes
Treat customer as an
Assist listen and take customer sinuously
Work at the customer’s preferred pace
Do not rush through the process
Use tab as an active tool for capturing information and and digital demonstration
Telephonic Interaction
A prospect calls the showroom with an enquiry about the Nexa product
Process Guidelines
The person responsible for taking the telephone enquiries is the telesales
Process Steps
Greet the customer in a warm and enthusiastic manner. “good morning / Good afternoon
your dealership name
Politely ask for caller’s name and telephone number
Establish purpose of the call and attend to the customer’s requirement
If more information is required, then find out preferred time to call the customer and arr
information required.
Politely ask the customer if he would the a relationship manager to call him
If customer agrees, then find out preferred time to contact the customer and transfer th
Relationship Manager
Relationship Manager to call the customer at the customer’s preferred time with require
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Outside the Showroom Interaction Process Guidelines
Relationship manager fixes an appointment prior to visit
The Relationship is present at the appointed date with the desired vehicle and the tab
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Flowchart for showroom Interaction
Customer drives into the showroom
Valet opens the door for the customer and greets him
Valet hands over valet token to the customer and guides him to the door
The customer enters the showroom and meets the FLM
FLM meets and greets the customer, captures initial details, rings bell for RM and Pantry,
seats customer in lounge. Pantry boy brings water
RM find out what the customer hopes to accomplish during his/her visit
RM asks the customer about the product he is interested in and proposes to demonstrate
the car to the customer
RM requests the customer for test drive after demonstration
RM request the customer to sit for further discussion in discussion area after
demonstration/test derive and offers tea/coffee/ choice of beverage
RM requests for customer details and enters in the Tab. (RM should use Tab for further
discussion)
RM provides quotation to customer if enquired by the customer
RM keeps quotation and brochures in the paper folder and hands over to the customer
RM drops the customer to the gate and says thank you when customer is leaving
Valet hands over customer’s car, salutes and wishes him
Enquiry capturing
Process Guidelines
Generate an enquiry in the Enquiry Tab, the moment any enquiry is received at the Nexa
dealership
Process Steps
For a new customer, open “Car Configurator” tab in home screen
Click “New User” in “Existing User Prospect Search” screen
Enter other customer information using multiple tabs available to punch information in
the system
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These tabs can be updated at any stage of the enquiry. However, complete information
must be updated “prospect Data Capture” before booking. The multiple tab are as
mentioned below
✓ Personal information. To capture initial customer information
✓ Product choice. To capture product details
Enquiry Management
Relationship managers can use “Prospect Data capture” to
1. Create new enquiry
2. Search existing enquiry
3. Edit/update existing enquiry
Field Description
First Name – Enter customer first Name (Mandatory Field)
Last Name – Enter customer last Name
Gender - Male/female
Mobile No - Enter Mobile number (Mandatory Field)
Beverage Choice - Coffee/Soft Drink / Tea / Others
Field Description
Model-select interested model (mandatory field)
Fuel type Diesel
Variant -1.3 sigma, 1.3 delta, 1.3 Alpha, 1.3 Zeta, 1.6 Alpha, 1.6 Delta & 1.5 Zeta
Color – Select color
Specific requirement from the car (optional)
Other car considered (optional)
Communication Preference: To capture follow up details
Customer profile : To capture details of customer required for booking
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Test Drive details: To capture Test Drive details
Exchange: To capture details of the car available for exchange
Enquiry Management
Process Guideline
Customer is identified in the system through customer mobile number / customer enquiry
number / contact number. The same can be used at any time to access customer record in
“Customer Data Repos
Enquiry and Booking follow up is important for conversion to retail
Process Steps
Select date range from ‘Customer Data Repository’ to see list of pending actions
Open enguiries, booked and lost is available for the selected date range
To update follow up, click on “Total” Open Enguiry
Select the customer name and update the follow up details
The booking details can be viewed by selecting customer name from the table
Key Notes
Always capture all customer details before booking the vehicle
It is important to capture “Buyer type” to track requirement of Exchange by the customer
Capturing Email ID is important for future communication with the customer
Never push the customer to share certain information but also, capture as much
information as possible dust but customer interaction
The information entered can be updated or edited or edited using edit icon in the
‘Prospect Data Capture Screen’
Customer follow-up should be updated everyday
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Field Description
Nexa follow up date-update next follow up date here, By Default system will update as
N+1 date. So if enquire is captured today then enquiry follow up date will be tomorrow
morning 10 am
Email – Update Customer Email Id details
Preferred mode of communication – call/Email
Preferred Time & Day for communication (optional)
Field Description
Occupation: Salaried / self Employed/Service/Social Worker/Student/Retired/Proprietor /
Panchayat/ Member / Politician/Other
Address Line 1/Line/ Line 3: Update customer address here
State/City: Update customer state and city
Type of customer: Company / Government / Individual / N2N/Taxi
Buyer Type: First Time Buyer/Additional Buyer / Replacement buyer
Current Car Details: Select current car details in case of Additional Buyer of
Replacement buyer
Source of Contact (Enquiry Source): Advertisement/Business
Associates/Campaign/Events/Events/cold Visits/Email/Inbound
Calls/References/Showroom Wald in / Tele calling/Workshop Enquiry
Referred By: This field will get activated in case Relationship Manager selects Enquiry source as
“References”
Expected Days to Finalize The purchase: Enter tentative expected days of purchase
Preferred Date Of Delivery: Auto selected based on No of days entered in “Expected Days to
Finalize The Purchase”
Product Demonstration
Occupation: salaried / Self Employed /Service / Social Worker / Student /
Retired/Proprietor / Panchayat Member / Politician/other
Address Line 1 / Line 2 / Line 3: Update customer address here
State/City: Update customer state and city
Type of customer: Company / Government / Individual/N2N/Taxi
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Current car Details: Select Current car details in case of Additional Buyer or
Replacement Buyer
Source of contact (Enquiry Source): Advertisement/Business
Associates/Campaign/Events/Cold Visits/ Email/Inboukd Call/References / Showroom
Walk in/Tele calling/Workshop Enquiry
Referred By: This field will get activated in case Relationship Manager selects Enquiry
source as “References”
Any other Customer Details: Enter any remarks to be captured here
Expected Days to Finalize The Purchase: Enter tentative expected days of purchase
Preferred Date of Delivery: Auto selected based on No of days entered in “Expected Days
to finalize The Purchase”
Product Demonstration
Introduction
Product Demonstration is defined as the process of providing a customer, detailed
explanation of the product’s features and benefits through digital demonstration, static
demonstration and test drive.
Digital Demonstration
Demonstration of a Nexa product using Nexa application in Ipad. It provides an
opportunity to discuss the vehicle’s varied features/variants/color all at place / location
without the physical availability of the vehicle.
Car Configurator
Car configurator is a tool in the tab which can be used for discussion of accessories,
along with discussion on MI,EW, finance etc.
Market Intelligence
A tool which can be used to compare difference in variant level features for Nexa
Models. It can also be used to compare feature of competition models.
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Product Information
This tool in the application can be used to share Demo video, E-Brochure, testimonials,
advertisement etc with the customer.
Static Demonstration
Process Guidelines
Vehicle’s exterior and interior, including the boot and under hood should be clean
Adequate space should be there around the vehicle to open all the doors
Process Steps
Give an overview of the demo process to the customers
Politely request the customer for demo Initiate 6 step demo process and elaborate on
features and benefits
Use the sequence provided under FIRSST model:
F – Front
I - Interior
R - Rear
S-Seat
S-Safety
T-Technology
Move to a particular step depending on the customer’s preference
Key Notes
Listen to customer properly during the demo process
Encourage customer to interrupt at any time in case of enquiries / doubts
Do not push on following the sequence if the customer’s wishes to focus on a spexific
area
Do not push for the demonstration if the customer is reluctant
Test Drive
An Opportunity to increase customer’s faith and confidence towards Nexa products and
provide the customer a pleasurable driving experience. It increases the chance of enquiry
conversion as it establishes a connect between that vehicle and the customer
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Process Guidelines
Ensure vehicle is in a neat and clean condition
Check the normal functioning of all the controls, fuel level and tyre pressure on the test
drive car
Ensure that all documents of the test drive vehicle are available to avoid any traffic
problem
Ac should be ON during summer before customer enters the vehicle
Scan customer’s Driving License from Ipad before the test driver.
Process Steps
Check availability of a valid driving license with the customer
Test drive route should be informed to the customer in advance
Take the car out of the parking area
Wear seat belt and also request the customer to do so
Relationship Manager should drive the vehicle initially
Explain the basic features to the customer
Handover the vehicle to the customer
Remain silent for initial 2-3 minutes to allow the customer to get a feel of the vehicle
Wait for customers queries and answer them politely
All features of the vehicle must be thoroughly explained
Give test drive on the main road so that all features like AC, turning radius, etc. Can be
fully explained by Relationship manager and also experienced by the customer
Duration of test drive should be at least 15-20 minutes
Test drive should be given for at least 5kms
Key Notes
During test drive with the customer, the Relationship Manager should ask whether the
customer prefers a running commentary or prefers Relationship Manager to be quiet
In case test drive vehicle is not available, test drive should be given to the customer at his
convenient time and place
Arrange for a test drive quickly as per customer’s request
Pay attention to queries of customer family members as well
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Test Drive Details
Opportunity to increase customer’s faith and confidence towards Nexa products and provide
the customer a pleasurable driving experience. It increases the chance of enquiry conversion asit
establishes a connect between that vehicle and the customer
Process Guidelines
Ensure vehicle is in a neat and clean condition
Check the normal functioning of all the controls, fuel level and tyre pressure on the test
drive car
Ensure that all documents of the test drive vehicle are available to avoidany traffic
problem
Ac should be ON during summer before customer enters the vehicle
Scan customer’s Driving License from lpad before the test drive
Process Steps
Check availability of a valid driving license with the customer
Test drive route should be informed to the customer in advance
Take the car out of the parking area
Wear seat belt and also request the customer to do so
Relationship Manager should drive the vehicle initially
Explain the basic features to the customer
Handover the vehicle to the customer
Remain silent for initial 2-3 minutes to allow the customer target a feel of the vehicle
Wait for customers queries and answer them politely
All features of the vehicle must be thoroughly explained
Give test drive on the main road so that all features like AC, turning radius, etc.can be
fully explained by Relationship manager and also experienced by the customer
Duration of test drive should beat least 15-20 minutes
Test drive should be given for atleast 5kms
Key Notes
During test drive with the customer, the Relationship Manager should ask whether the
customer prefers a running commentary or prefers Relationship Manager to be quiet
In case test drive vehicle is not available, test drive should be given to the customer at his
convenient time and place
Range for a t est drive quickly as per customer’s request
Pay attention to queries of customer family members as well
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It’s very important to update the test drive engagement register regularly͘
Field Description
DMS Test Drive No: This field is system generated and test drive number will be shown
here
Model: Select test drive model
Variant: Select variant for which test drive was given
Date: This field is system generated, test drive date is shown here
Place of Test Drive: Customer place/ dealership
Duration: Enter total test drive duration
Reason for Test Drive not Given / Taken: Update the reason why test drive was not given
to customer or customer refused to take test drive
Customer Feedback: Update customer feedback here
Exchange
Field Description
Date: Enter old car date of registration (as per RC Copy)
Place of Purchase: Enter city of registration (as per RC copy)
New Car at the time of Purchase: Yes/No
Kilometer completed: Enter kilometer completed
Loan Completion: Update load completion date if vehicle is under loan
Current EMI: Enter current EMI
Financer: Enter bank details
Expected Price: Enter excepted old car price here
Any Other Details: Update any special remarks to be captured
Introduction
Sale of any new Maruti Suzuki vehicle to a customer and buying an old vehicle from the
same customer or a person in relation to that customer.
Importance
Exchange helps to retain customer for life by providing one stop shop solution for all
customer needs. Exchange through True Value facilitates the customers with hassle free
transaction and ultimate peace of mind.
Process Guidelines
It is mandatory to update ‘while type’ while capturing enquiry to ensure prospective
exchange cases can be identified. The information on old car is to be entered in the tab
section ‘Exchange’
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One Sourcing Manager (SM) to be attached to each Sr. RM’s team. All SMS to reports to
Sr. Rm of his/her sales team.
(this SOS pertains to Exchange Process at Exclusive channel. Please refer this along with
true Value Process Guide of Maruti Suzuki).
Process Steps
All customer dealing with respect to evaluation and pricing of old cars will be done by
Relationship Manager only
Relationship Manager will explain the evaluation process to customer and take prior
permission of customer for inspection and test drive of customer’s car as part of the
evaluation process. In case, evaluation is to be done outside the showroom, then
Relationship Manager to take suitable time &venue from the customer and inform the
same to Sourcing Manager
Sourcing Manager should assist the Relationship Manager to the Pre fixed location and
perform evaluation using 120 point check-sheet
Sourcing Manager will inform the estimated RF cost, buying price and RF requirements
to relationship manager.
Relationship manager to probe and understand these 3 details from the sourcing Manager.
For this, Relationship Manager and Sourcing Manager to maintain the latest Reference
price list of selected old car models provided by True Value Manager
Old car details and price offered to customer by Relationship Manager should be updated
in the tab so the same is reflected in the Quotation
Relationship manager to collect all sourcing documents of old car from the customer as
per SOS, once the deal is
Finalized. Refer SOS for lost of documents to be collected
Relationship manager to arrange the physical collection of old car as per convenient time
& venue given by customer before delivery of new car
Old vehicle to be transferred to the True Value outlet of the dealer for refurbishment and
sale as per SOS
RC Transfer of old car-Customer to be communicated in writing wrt. RC name transfer
process & time of his old car through vehicle registration process & undertaking form of
customer docket set. RLM to be coordinate with
True value Manager regarding actual RC transfer status of old car and in case of any
delay in old car RC. Transfer the same to be informed to the customer with proper
explanation in writing
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Sales Process
Introduction
Sales process comprises of all the activities between booking and delivery.
Importance
Adherence too sales process is very critical as it ensures
Maximum revenue generation per customer by sale of varied value added services
offered by Nexa
Streamline and seamless completion of all payment and paperwork formalities
Timely delivery to customer at the committed date and time
Hassle free purchase and smooth purchase experience for the customer
Booking process
Introduction
It is a stage wherein customer has agreed to purchase the vehicle from the dealership.
This is a very crucial stage as it covers the deal and negotiation step of the sales process.
Importance
Standardization of booking process
Increase in transparency of the process Reduction in deal related concernsAn opportunity to
formally document the purchases of the costumer in costumer in consent with him/her
Process Guidelines
Booking details can be captured against an enquiry already created in the system
Details of the booking to be entered in confirmation with the customer
A booking confirmation receipt with customer signature to be maintained in customer file
for every booking
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Process Steps
Select Car Configuration and generate customer’s wish list
If the quotation already exists in the system, open the quotation from the enquiry details
and select edit option
Confirm information on choice model, color and variant
Enter / confirm details of GNA selected (refer to section ‘GNA Booking Process’)
Enter / confirm details of Insurance (refer to section ‘Insurance Booking Process’)
Enter / confirm details of Extended Warranty (refer to section ‘Extended Warranty
Booking Process’)
Enter and confirm details of My NEXA card (refer to section ‘My NEXA Card booking
process’)
Enter / confirm details about registration charges and schemes & discount.
Enter / confirm exchange details and source value of the car from the Exchange tab
Explain the cost of vehicle to the customer
Explain finance scheme along with EMI details (refer to section ‘Finance Process’)
Generate the final quotation for the customer. Mail the final quotation to the customer
and also mentions quotation number in the booking Requisition format
Confirm customer details and completely fill the Booking Requisition Form
Enter and confirm tentative delivery date and fill in Booking Requisition Format
Explain to the customer that all prices prevailing at the time of delivery would be
applicable
Save details and email/ print the Booking Requisition Form (BRF)” and customer
signature on the form Main one
Copy in the dealership file
Generate customer booking in DMS, re-confirm all the information, submit the
information to the system
Take printout of the booking Confirmation Receipt (BCR) and give a signed copy to the
customer. Also mail ac to
The customer • On another copy of the BCR, take customer signature and maintain in
customer file a copy of signed BCR and
If any change is made in the booking details, issue a new BCR to the customer and
maintain a signed copy new BCR in the customer file
Inform customer about the documents required for purchase, finance and registration of
car as per the douches checklist.
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Research
Methodology
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Research Methodology
In collecting requisite data and information regarding the topic selected. We went to various
outlets of NEXA and collected the data.
Survey Design:
Data were collected at a single point of time. Sample of population were selected on the basis of
convenience.
Research Period:
Research work is carried for 2 months
Research Instrument:
The work is carried out through face to face survey and self-administered questionnaires. The
questions offered were open ended, dichotomous and offered multiple choices.
Data Collection:
The data which is collected for the purpose of study is divided into 2 bases:
Primary Source
The data has been collected directly from respondent and with the help of structured
questionnaires.
Secondary Source:
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The secondary information is gathered from online articles, books, websites, records, previous
report and researhes
Data Analysis:
The data is analyzed by using MS excel.
Conclusive RD (Quantative)
Conclusive RD (Quantative)
Survey
Personal Interviewing
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Data Analysis &
Interpretation
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DATA ANALYSIS INTERPRETATION
Q. AGE
AGE
8% 2%
20 -30
17% 30 -40
40 - 50
50 - 60
73% 60+
Here we observe that most of the customers in the survey were aged within 20 to 30 years with
75%
Q. GENDER
GENDER
8%
MALE
FEMALE
92%
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Here we observe that most of the customers in the survey were males with 92%
Q. Occupation?
Occupation?
12%
Job
46% Business
23%
Emplpyment
Profession
19%
Not to be disclosed
25%
YES
NO
75%
Here we observe that most of the customers in the survey had owned a Maruti car before with
75%.
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Q. Do you view Maruti Suzuki as a budget offering?
8%
YES
NO
92%
Here we observe that most of the customers in the survey view Maruti Suzuki as a budget
offering with 92%
17%
YES
NO
83%
Here we observe that most of the customers in the survey view Nexa asa premium car with 83%.
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Q. How familiar are you with NEXA?
58%
Here we observe that most of the customer under the survey were moderately aware about Nexa.
Here we observe that most of the customer under the surveywere influenced by word of mouth
about Nexa.
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Q. Reason for your choice of NEXA Car?
17%
Features
50% Premim Experince
Here we observe that most of the customer under the survey chose Nexa because of the premium
Experience
4%
21%
Hyundai
Tata
8% Volkdwagen
50% Honda
Others
17%
Here we observe that most of the customer under the survey found their overall experience with
Nexa New and Premium.
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Q. According to you what are the areas of improvement is needed?
13%
31%
Particuler
Service
Behavior of salesmen
40% Customer care
16% Other
After analysis we can say that customers are not get many services of company as they expected.
So dealer should be improve that services. So it will beneficial to improve customer
relationships.
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FINDINGS
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FINDING
The demand for the diesel variant is more for most of the models but the firm has limited
number of the models having diesel variants. The customers are also looking for the gas
models which will be suitable for LPG and CNG. So the firm should think for the diesel
and gas variants.
Most of people think Maruti Suzuki pricing are economical so they are loyal to his brand.
While other people give emphasis to the after sale service. Quality and other features are
also a trait for the buyers.
There is large no of customer's are satisfied with the performance of the car, data is
concerned with those customers who are the existing customers of Maruti Suzuki and
data is also concerned with new customers.
Servicing comes in after sales services, dealer provides this services to customers so there
is necessary for dealer to provide the vehicle at the promised time because it makes the
relationship better with the customers.
There should be good relation between customer and dealer because it helps to increase
the sales of company and also helpful for making the customer relationship management.
There is important to know the after sales services of the company it shows the customers
satisfaction and also shows the customer relationship management.
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Suggestions
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Suggestion
To conclude, it can be said that PERFECT Automobiles has created its image in a very
short period in Rajkot. PERFECT is the Best dealer of Maruti Suzuki. It is attracting the
customers with its good services. Most of the customer satisfied by buying the Maruti car from
PERFECT automobiles. This satisfaction can be concluded by the response of customer in the
questionnaires. Day by day Maruti Suzuki is improving his reputation to other Automobile
Company. The comparison chart and survey report in this training report can recognize this.
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Conclusion
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CONCLUSION
From the research it has been found that most of the respondents associate NEXA with its parent
brand- Maruti Suzuki. However, the parent brand does shed its good reliability on NEXA.
To conclude, the result shows that it is a true fact if you are satisfied you recommend to others.
Word of mouth and customer satisfaction play a very important role in determine market
perception about an automobile.
It is the market perception that determines the success of a company so it is very important for a
car manufacturers to measure the willingness of existing users of a product to recommend it to
others.
The factors that were taken into consideration are age, gender, previously owned car, budget
offering, overall experience, familiarity, promotional media and reason for choice. All this
determine the driving motive behind effective demand of the car.
With better understanding of customer’s motivation, company can determine the actions required
to meet the customer’s needs. They can identify their own strengths and weakness where they
stand in comparison to their competitors, chart out the path of future progress and improvement.
Customer satisfaction measure helps to promote an increased focus on customer outcomes and
stimulate improvements in the work practices and processes.
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Learning from the project
As per the analysis shows, that the most of the customers in the survey view Nexa as a premium
car and Maruti Suzuki as budget offering. This seems to be the most important reason for buying
a car. Similarly word of mouth, premium experience and overall experience with Nexa new and
premium add to the motives of buying a car.
The study shows the consumer motivation is something which starts building with the brand
personality before the car is purchased and goes on with its use and reflected in the
recommendations, the customer makes to his acquaintances for the same car.
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Bibliography /
References
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Bibliography
www.nexa.com
www.marutisuzuki.com
www.economictimes.indiatimes.com/industry/auto/news/passenger-vehicle/cars/maruti-
suzuki-launches-nexa-a-new-dealership-network-for-premium-cars/articleshow/48105609.cm
http://autocarindia.com/car-news/maruti-suzukis-nexa-crosses-1-million-sales-milestone- 42241
http://business-standard.com/article/companies/maruti-suzuki-nexa-range-gets-over-1-1-lakh-
bookings-in-6-months-122012901004_1.html
http://businesstoday.in/sectors/auto/maruti-suzuki-nexa-indias-largest-pre
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ANNEXURE
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Q1. AGE
a) 20 -30 b) 30 -40
c) 40 -50 d) 50 - 60
Q2. GENDER
a) Male
b) Female
Q3. Occupation?
a) Job b) Business
c) Employment d) Profession
a) YES
b) NO
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Q6. Have you owned a Maruti car before?
a) YES
b) NO
a) YES
b) NO
a) YES
b) NO
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Q11. If not NEXA then which brand for similar segment cars?
b) Hyundai b) TATA
a) Particular b) Service
c) Behaviour of Sales Manager e) Customer Care
d) Others
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