A Comparative Study of Brand Preference of Tvs Motors & Bajaj
A Comparative Study of Brand Preference of Tvs Motors & Bajaj
ON
V/s
1. Declaration 3
3. Acknowledgement 4
4. Executive Summary 5
10. Findings 61
11. Limitations 63
12. Suggestions 65
13. Bibliography 67
Questionnaire
2
DECLARATION
I SUMIT AGGARWAL, Roll no-09, M.B.A. 2 nd year of my college N.C.
OF TVS MOTORS & BAJAJ MOTORS” is an original work and the same has not
been submitted to any other institute for award of any other degree.
incorporated.
SUMIT AGGARWAL
3
ACKNOWLEDGEMENT
Getting a report ready requires the work and effort of many people. I would like to
First and foremost, I would like to acknowledge Mrs. Puja Walia Mann H.O.D
SUMIT AGGARWAL
4
EXECUTIVE SUMMARY
As today’s market is becoming very competitive. To compete and survive in this
competitive market one has to be aware about the customer changing requirements. This is
the motivating force behind the choice of this topic. The main objective of market analysis
is to gain insight of the changing trends, to know how referenced company i.e. Bajaj motors
& TVS motors is performing in the two wheeler industry. The market analysis will reveal
the information to the management of the company what is the market share of the
company, consumer behaviour regarding Bajaj & TVS brand and recent trends in bikes.
As it is primary data based survey but somewhat secondary data is also used to have
insight in to the company profile and the various companies operating in the two-wheeler
industry. Research design used for this project is exploratory research design. Exploratory
research studies are those in which the problem is defined from scratch. In this research
Study revealed that there are many companies operating in the market and Bajaj &
TVS motors is the famous name in two wheeler industry due to its quality and customer
5
6
Bajaj Auto Ltd.
It is one of India's top ten companies in terms of market capitalization and among the top
Established in 1945, it was incorporated as a trading company. From 1948 till 1959, it
imported scooters and three wheelers from Italy and sold them in India. It then obtained
a production license in 1959 and struck a technical collaboration with Piaggio of Italy in
1960.
Scooter production commenced in 1961. Three wheeler productions followed in 1962. Its
collaboration with Piaggio expired in 1971 and since then the Company's scooters and
Company with 24% equity participation by the Company and 27% participation from
in 1975. Production facilities are located at Satara, in Maharashtra State. This helped
augment production capacities. The unit continues to assemble scooters from CKDs
supplied by the Company. These scooters are marketed through the Company's
7
The Company's second plant was set up in 1984 at Aurangabad, in
Maharashtra State. In this plant, scooter production commenced in 1986; three wheeler
From 1961 when the annual production was about 4000 units, today the Company has
become a market leader with annual production in excess of 1.35 million units and with
product offerings in all segments (mopeds & scooterettes, scooters, motorcycles, three
wheelers).
Milestones
2007
February 200 cc Pulsar DTS-i launched
January Bajaj Kristal DTS-i launched
2006
April Bajaj Platina launched
2005
December Bajaj Discover launched
June Bajaj Avenger DTS-i launched
February Bajaj Wave DTS-i launched
2004
October Bajaj Discover DTS-i launched
August New Bajaj Chetak 4 stroke with Wonder Gear launched
May Bajaj CT100 Launched
Bajaj unveils new brand identity, dons new symbol, logo
January
and brandline
2003
October Pulsar DTS-i is launched.
October 107,115 Motorcycles sold in a month.
July Bajaj Wind 125,The World Bike, is launched in India.
Bajaj Auto launched its Caliber115 "Hoodibabaa!" in the
February
executive motorcycle segment.
2001
8
Bajaj Auto launches its latest offering in the premium bike
November
segment ‘Pulsar’.
January The Eliminator is launched.
2000
The Bajaj Saffire is introduced.
1999
Caliber motorcycle notches up 100,000 sales in record
time of 12 months.
Production commences at Chakan plant.
1998
June 7th Kawasaki Bajaj Caliber rolls out of Waluj.
Legend, India’s first four-stroke scooter rolls out of
July 25th
Akurdi.
October Spirit launched.
1997
The Kawasaki Bajaj Boxer and the RE diesel Auto
rickshaw are introduced.
1995
November
Bajaj Auto is 50.
29
Agreements signed with Kubota of Japan for the
development of diesel engines for three-wheelers and with
Tokyo R&D for ungeared Scooter and moped
development.
The Bajaj Super Excel is introduced while Bajaj celebrates
its ten millionth vehicle.
One million vehicles were produced and sold in this
financial year.
1994
The Bajaj Classic is introduced.
1991
The Kawasaki Bajaj 4S Champion is introduced.
1990
The Bajaj Sunny is introduced.
9
Bajaj Avenger
Bajaj Avenger with its high end performance and highlighting features gives the
Its aesthetic feature includes low-slung cruiser with a flamboyant chrome outlook for a
better looks.
Its comfort feature incorporates its comfortable seating arrangement. Its wider saddle
seat, special backrest for pillion with lowest saddle height, lowest center of gravity,
forward foot riding posture provide desired satisfaction to the rider as well as to the other
passenger.
Assurance of longer travel of 140 mm is being given due to the presence of longest front
Its powerful lighting like 60/ 55-watt halogen headlamp thinks about the security of the
10
TECHNICAL SPECIFICATIONS OF BAJAJ AVENGER
Dimension & Weight
Overall height 1060 mm
Overall length 2185 mm
Overall Width 750 mm
Wheelbase 1475 mm
Ground Clearance 162 mm
Kerb weight 154 kg
Fuel Tank Capacity 14 Litre
Engine
Digital Twink Spark Ignition (DTS-i),
Type
TRICS -III, Air-cooled
Stroke (2/4) 4-stroke
No. of cylinders Single cylinder
Bore x stroke
Displacement 178.6 cc
Electrical 12V AC
Transmission
No. of Gears 5 speed manual transmission
Clutch
Performance
Maximum Power 16.5 bhp / 12.15 kW @ 8000 rpm
Max. Torque 15.22 Nm @ 6000 rpm
Start Kick Start
Suspensions
Front Telescopic longest stroke, 140mm
Triple rate Spring, 5-way adjustable,
Rear Hydraulic Shock Absorbers, Vertical travel,
90mm
Brakes
Hydraulically ventilated operated Disc
Front
Brakes - 262 mm
Rear Drum Brake, 130 mm
Tyres
Front 17
Rear 15
11
Bajaj Discover
Discover your inner desire of riding faster than the horse with Bajaj Discover. Equipped
with various highly advanced accessories and captured with many eye-catching features,
this bike can never fail to drag your attention towards it.
Manufacturers of this bike have not constricted their expertise only on its better
performance, but also shown their creativity by putting certain elegant features in it like
its dazzling body graphics; muscular, sturdy and classy body lining; optoprism head lamp
with twin pilot lamps which is placed in a jet canopy styled fairing with a smoked visor,
stylish tail lamp, full function twin pod console, fluid grab rail design etc.
For the comfort of the biker, this bike is equipped with Spring and Spring (SNS) rear
suspension with triple rated springs assuring longest travel of 110mm, telescopic front
suspension of 30mm diameter with the promise of longest travel of 135mm in its class.
Its lighter and stronger 17" alloy wheels are responsible for the superior performance of
12
This bike comes in two different variants :
Bajaj Discover
Bajaj Discover
Bajaj Discover with 4 stroke, 111.6 cc engine with digital CDI and TRICS III delivers
power of 8.5 bhp (6.26Kw @7500rpm. Its unstoppable exhausTEC (Torque Expansion
Chamber) technology provides mileage of 101 kmpl to make one move mile after mile.
Tale behind the jadoo (magic) of Bajaj Discover DTSi is hidden on its power delivery of
8.57 kW (11.51Ps) due to its 125 DTSi engine and its superior mileage.
To give any bike a kick-start is one of the mentionable factors. But this bike has also
come up with the solution of this matter by having equipped with first class electric start.
13
Trailing arm with coaxial hydraulic shock absorbers &
Rear suspension
coil springs
Brakes
Mechanical expanding shoe & drum type – 130 mm
Front Brake
diameter
Mechanical expanding shoe & drum type – 130 mm
Rear Brake
diameter
Electricals
System voltage 12V (AC + DC)
Battery type 12V, 2.5 Ah(KS)/12 V, 9 Ah (ES)
Electric start – 35/ 35W Optoprism- Halogen lamp, Kick
Headlamp
start – 60/55 W Round Headlamp
Tail lamp 5/21 W
Brake lamp 10 W
Turn signal lamp 10 W
Horn 12 V, Dc
Tyre
Front tyre size 2.75 x 17, 4PR
Rear tyre size 3.00 x 17, 6PR
Fuel Tank capacity 10 Litres (2.3 liters for reserve)
Dimensions
Length 2030 mm
Width 760 mm
Height 1065 mm
Wheel base 1305 mm
Turning circle dia 2100 mm
Ground clearance 179 mm
Kerb Weight 125 kg – Kick start / 129 kg – Electric start
Other Features
Ride Control Switch Yes
Ignition cum St.lock Yes
Headlamp Shape Round / Fairing
Console Angular – Twin Pod
Lockable Seat Yes
Dipper Yes
Turn Indicator Push Cancel
Choke Yes
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Day Flasher Yes
Bajaj Platina
Its elegant Platinum silver color with chrome graphics is desperately catching the eyes of
many finicky bike lovers. Graphic tint engine and transmission with black silencer are
To add more aesthetic value to this bike, it is further equipped with exclusive streak
design side panels and sleek rear panels with fluid grab rail design.
Other mentionable features for making this bike more reliable are chrome heat shield and
Its lighting arrangement like optoprism headlamp with clear lens blinker is encompassed
15
Overall Width 770 mm
Wheelbase 1275 mm
Ground Clearance 162 mm
Kerb weight 113 kg
Fuel Tank Capacity 13 Litre
Engine
Type Natural Air-cooled
Stroke (2/4) 4-stroke
No. of cylinders Single cylinder
Bore x stroke
Displacement 99.27 cc
Electrical 12V AC +DC
Transmission
No. of Gears Constant Mesh Type
Performance
Maximum Power 6.03 kW (8.2bhp)@ 7500 rpm
Max. Torque 8.05 Nm @ 4500 rpm
Start Kick Start
Suspensions
Front Hydraulic, Telescopic type, 125 mm travel
Rear Hydraulic, ‘SNS’type, 100 mm travel
Brakes
Front Drum type, 110 mm/130 mm
Rear Drum type, 110 mm/130 mm
Tyres
Front 2.75*17", 41 P
Rear 3.00*17", 50 P
16
Bajaj Pulsar DTSi
Generation next technology included in the package of the equipments of this highflying
bike is the revolutionary digital biking. Digital biking is the combination of various
advanced systems like digital CDI, TRICS III and Digital Twin Spark ignition (DTSi).
Its highly masculine outlook with sporty, dashing structure gives the complete
satisfaction of dare riding. Bajaj Pulsar enables its rider to tackle the situation of
overcrowded street due to the presence of 17" alloy wheels with 1330 mm wheelbase.
Its comfort statement includes front telescopic suspension, Nitro X - Nitrogen assisted
rear gas shockers with triple rated spring. Due to these comfort features, this bike is
Different high-end features like improved clutch, cylinder head with Roller Rocker Arms,
optimized intake and exhaust systems & new valve timings provide feeling of proper
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riding. Its advanced ExhausTEC (Torque Expansion Chamber) technology ensures the
This bike comes with the power of 16.5 bhp (12.28 kW) @ 8000 rpm and torque of 15.22
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Performance
Maximum Power 14.74 bhp @ 8000 rpm
Max. Torque 15.22 Nm @ 6000 rpm
Start Kick / Electric Start
Suspensions
Front Telescopic Forks 135 mm Stroke with anti stiction
Rear Triple Rate Spring, 5 way adjustable,
Brakes
Front Hydraulically Operated Disc brake, 240 mm.
Rear Mechanically expanding 130mm Drum Brake
Tyres
Front 2.75 x 17 Size
Rear 100 / 90 x 17 Size
Its engine delivers maximum output of 13.5 bhp (9.94 kW) @ 8000 rpm and performance
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Transmission
No. of Gears 5 speed Manual transmission
Performance
Maximum Power 13.5 bhp / 9.94 kW @ 8000 rpm
Max. Torque 12.28 Nm @ 6500 rpm
Start Kick / Electric Start
Suspensions
Telescopic Forks 135 mm Stroke with anti stiction
Front
Teflon bushes
Triple Rate Spring, 5 way adjustable, gas assisted NitroX
Rear
Shock Absorbers with vertical travel of 100 mm
Brakes
Front Hydraulically operated disk brake, 240 mm.
Rear Mechanically expanding 130mm Drum Brake
Tyres
Front 2.75 x 17 Size
Rear 100 / 90 x 17 Size
If you like flying high with the wind without the wings, then Bajaj Wind125 is the must
buy for any bike lover. Its 125cc K-TEC engine producing power of 10.8 bhp (7.95 kw)
Its 13 litre contoured fuel tank with the eye catching trapezoidal optoprism headlamp,
aluminum die cast grab rail, dual tone body etc. are accelerating its market demand so
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rapidly.
For super biking this motor cycle has stored various key features for its rider like longer
shifting mechanism, smooth kick start mechanism, ergonomically designed seat, glide
To assure fully secured and safer riding, this bike is loaded with the features like wheel
base of 1260mm, drum brakes of 130 mm in the rear and disc brake (optional) of 240mm
in the front, MFR indicators, optoprism halogen headlight, tail lamp etc.
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Reflex Reflector Rear Reflex Reflector
Horn 12V DC
Battery 12V , 2.5 Ah
Instruments & Control
3 Pod Instruments Cluster with
Lights ON-OFF
Horn
Control Switches
Dipper
Push Cancel Side Indicator
Pass
22
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TVS Motor
Southern India.
A byword for ruggedness and reliability, the TVS 50 proved to be a promising success
and paved the way for many successes for TVS Suzuki ever since. The TVS 50 XL, a
proven, much sought after moped; likewise, the TVS Champ and the Super Champ,
created for those who want economy fused with sporty looks. And now the new XL
Super With a 70 cc high-tech Power Pack is all set to redefine the category of mopeds in
the country.
Alongside the economy two wheeler range, it has constantly worked on innovating the
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The Suzuki Samurai was launched for the time conscious urban commuter.
The Max 100 R was engineered for those who demanded strength and ruggedness.
The Suzuki Shogun was for those who wanted raw power.
And today, TVS Suzuki continues to keep one step ahead of its time by creating India's
first 5 speeds, 140 cc motorcycle - The Suzuki Shaolin. The TVS Scooty, a 60 cc
Scooterette, is yet another example of the company pioneering a new category and
As for other wins, 'Team TVS' has conquered every major race and rally in the country
from the road to the racetrack, with each of the TVS bikes being a winner. And each time
the 'Team TVS' has won on the track or off it, our customers have secured a better
TVS Apache
TVS Apache with its shapely streamlined tank and engine design is really an eye -
stopper. Its smooth and flawless finish makes this bike desirable to the market.
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Its tough but light 6 spoke black alloy wheels are really supportive for better control and
excellent riding of this two wheeler. Its uniquely designed head lamp has become one of
Its 240 mm disc brake is helpful in stopping one in any sudden situation to avoid
accident. Its all gear start and low friction engine with RCF technology are the key factor
It is further equipped with various upgraded technology like monotube inverted gas filled
shocks, IDI lean burn, iE surge (intake and exhaust resonator), synchro stiff chassis etc.
for the proper safety and security of the persons seating on the bike.
Classic Nero
Fiery Rojo
Pure Azul
Burnished Argent
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Type Air-Cooled OHC
Stroke (2/4) 4 - Stroke
No. of cylinders Single Cylinder
Bore x stroke 57 mm x 57.8 mm
Displacement 147.5 CC
5.0 Ah (Kick-Start) / 12 Volts, 9.0 Ah
Electrical
(Self-Start)
Transmission
No. of Gears 5 Speed Constant mesh
Clutch Double Cradle
Performance
Maximum Power 9.95 kw / (13.5 bhp) @ 8500 rpm
Max. Torque 12.3 Nm @ 6000 rpm
Start Kick Start / Electric Start
Suspensions
Telescopic Fork, 105 mm Front
Front
Suspensions
Rear Monotube inverted Gas filled shox (MIG)
Brakes
Front Disc Brakes, 240 mm at Front
Rear Drum Brakes, 130 mm at Rear
Tyres
90 x 90 x 17 (Kick-Start) / 90 x 90 x 17",
Front
Spoked Wheel (Self-Start)
Rear 100/80 X 18” – 90/90 X 18”(optional)
TVS Centra
With the excellent body graphics, TVS Centra comes with VTi engine. Its digitally
controlled ignition timing and temperature sensors ensure its reliability and fuel
27
efficiency.
Its better mileage is the result of fuel wastage reduction system and friction reduction
technology. Power and economy indicator can be said as the mileage controller.
Its mesmerizing body lining, stunning muscular fuel tank, stylish trapezoidal MFR
headlight accentuates the creativity of the manufacturers along with their technical
expertise.
Its methodically designed ergonomic seats and 5 step rear shock absorbers give complete
Blazing Red
Deep Black
Teitian Blue
28
No. of cylinders Single Cylinder
Bore x stroke 51 mm x 48.8 mm
Displacement 99.8 cc
Electrical 12V 35/35W, A/C Digital CDI
Transmission
No. of Gears 4 - Speed transmission constant mesh
Performance
Maximum Power 7.5 bhp / 5.59 kW @ 7500 rpm
Max. Torque 7.5 Nm @ 5000 rpm
Start Kick Start
Suspensions
Front Telescopic suspension, 100 mm travel
Hydraulic with co-axial spring - 73 mm,
Rear
travel
Brakes
Front Drum brake 110 mm
Rear Drum brake 110 mm
Tyres
Front 2.75
Rear 2.75
TVS Fiero
TVS Fiero has come with all the advanced features in it. Two models of this brand are
having different customized features. Some stylish features included in this bike are
single radius tyre, fashionable tyre with round flushed clock and stylish crash guard, die
cast aluminum pillion footrest along with eye-catching saree guard etc. Other features are
its highly effective head light with halogen lamp and taillight.
29
There are found two models in TVS motors:
TVS Fiero F2
TVS Fiero FX
TVS Fiero F2
This bike comes with 4 stroke air cooled OHC engine delivering maximum power of 12
bhp (8.95kW) @ 7000 rpm and torque of 10.5Nm @ 6500rpm. To get superb mileage, its
While engine response is determined by digitally mapped ignition system, on the other
hand determinations of better pick up and better mileage results from power-economy
mode.
This bike is fully equipped with variety of lighting fittings like multi reflector headlamp
with halogen bulb, stylish indicator etc. Its instrument panel is available with various
indicator etc.
Other important features included in this bike are chrome silencer with muffler guard,
30
Deep Black
Metallic Silver
Blazing Red
Teitian Blue
31
Tyres
Front 2.75
Rear 90 / 90 x 18
TVS Fiero FX
TVS Fiero FX comes equipped with 147.5 cc 4 stroke single cylinder air-cooled engine
delivering maximum power of 12 bhp (8.95 kw) @ 7000 rpm and maximum torque of
While wider wheelbase gives the support to the bike for better gripping on road. On the
other hand its advanced suspension gives the assurance of smooth riding.
For passenger's comfort and convenience, this bike comes with relaxing seats and ample
foot space.
Its highly effective headlight secures night riding with halogen lamp and taillight.
32
Displacement 147.5 cc
Electrical 12 V, 2.5 Ah
Transmission
No. of Gears 4 - Speed transmission
Performance
Maximum Power 12 bhp / 8.95 kW @ 7000 rpm
Max. Torque 10.5 Nm @ 6500 rpm
Start Kick Start
Suspensions
Front Hydraulically damped telescopic suspensions
Rectangular box swing arm, 5- step adjustable shock
Rear
absorber, Triple rated spring
Brakes
Disc brake at front, 240 mm / Disk brake 130 mm
Front
(Optional)
Rear Drum brakes at rear 130 mm dia
Tyres
Front 2.75
Rear 90 / 90 x 18
TVS Star
TVS Company has come up with different kinds of motorcycles, which are marketed
with all customized specifications. TVS Star is one of the most market friendly bikes of
this company. This has all the technical attributes, which are required in the market
nowadays.
33
TVS Star
TVS Star
TVS star with its stylish body graphics and muscular body framing is ruling over the
market of bikes.
Its 4-stroke air cooled OHC engine delivers power of 5.5 kW @ 7500rpm. Its elegant
head lamp, powerful indicators provide safer riding even at dark night.
Red
Black
Blue
34
Bore x stroke 51.0 mm x 48.8 mm
Displacement 99.7cc
Electrical 12V 35/35 W, CDI
Transmission
No. of Gears 4 - Speed constant mesh
Performance
Maximum Power 5.50 kW @ 7500 rpm
Max. Torque 7.5 Nm @ 5500 rpm
Start Kick Start
Suspensions
Front Telescopic hydraulic fork 110 mm stroke
Spring loaded double acting hydraulic
Rear
shocker 78 mm stroke
Brakes
Front Disc brake 110 mm dia. at front / Drum
Rear Drum brakes 110 mm dia. at rear
Tyres
Front 2.75
Rear 3.0” x 18
Its stylish alloy wheels and sleek designed new exhaust are taking the breath away of
every bikers. Other features like single touch ride switch shocks, extra grip tyres etc can
Its powerful headlamp and useful parking light leave an additional impression on buyer's
mind.
Its new Roller Cam Follower (RCF) technology results in reduction of engine friction. Its
35
It is found in different colors:
Red
Purple
Black
36
Rear 3.0
TVS Victor
This bike comes equipped with various advanced and market capturing features and
equipments. This is the main reason that this category of motorcycle from TVS Motors is
Its lighting arrangement is well planned to prevent accident even at night. This lighting
arrangement includes angular multi reflector, trapezoidal head lamp with halogen bulb,
shapely turn signal lamps, clear lens on tail lamp for enhanced rear view etc.
TVS Victor GX
Its 125 cc VT-i engine delivers power of 10 bhp (7.36 kw) and mileage of 85 kmpl. This
fuel economy duralife engine is highly temperature sensitive which is helpful in sensing
37
the low temperature of the engine. Accordingly engine activates spark plug and advances
This bike is equipped with various high-end designs, which include digitally designed
petrol tank with knee recess, twin pod instrument panel with Econometer, fuel gauge, trip
Its comfort feature comprises triple rated 5 step adjustable rear and telescopic front shock
GLX Red
GLX Blue
38
Bore x stroke 54.5 mm x 53.5 mm
Displacement 124.8 cc
Electrical 12 V, 35 /35 Watt, Digital ignition
Transmission
No. of Gears 4 - Speed constant mesh
Performance
Maximum Power 7.16 kW @ 7500 rpm
Max. Torque 9.5 Nm @ 5500 rpm
Start Kick Start
Suspensions
Front Telescopic oil- damped, 105 mm travel
Rear Hydraulic with co-axial spring, 75 mm travel
Brakes
Drum brake 130 mm dia. / Disc brakes 240 mm
Front
(Optional)
Rear Drum brakes 130 mm dia. at rear
Tyres
Front 2.75
Rear 3.0” x 18
TVS Victor GX
Its 110 cc awesome duralife engine delivers maximum power of 6 kW (8.1 bhp) and
maximum torque of 8.1 Nm. Single down tubular frame with engine reduces the
discomfort of the vibration. This motorcycle comes with new all up gear mechanism
Its rider switch is included in this bike to absorb the optimum rear shock with or without
a pillion rider. Telescopic front forks along with rear shocks are present in this bike to
39
Rectangular swing arm for easy gripping and anti-skid special compound tyres make this
bike stable in any road condition. Microprocessor digital ignition system determines the
Red
Blue
Black
Grey
Green
40
Maximum Power 8.1 bhp / 6 kW @ 7250 rpm
Max. Torque 8.1 Nm @ 5500 rpm
Start Kick Start
Suspensions
Front Telescopic oil- damped, 100 mm Travel
Rear Hydraulic with co-axial spring, 75 mm travel
Brakes
Front Drum brake 130 mm dia. at front
Rear Drum brakes 110 mm dia. at rear
Tyres
Front 2.75
Rear 3.0” x 18
Its 125 cc duralife engine with low friction and Roller Cam Follower (RCF) technology
delivers super power of 9.2 bhp and better mileage. Its Nitro Gas3 shocks assure the
problem free driving. This bike is equipped with Econometer, which maintains the
To make this bike safer, manufacturers of this bike have selected alloy wheels, and super
stop front and 130mm large rear disc brake for proper security of the biker and complete
pleasure of riding. Its rectangular swing arm and a new frame with additional reinforced
brackets for engine mounting ensure the proper stability of the bike.
Red Gold
Black Blue
Blue Gold
Silver Blue
41
Black Copper
42
90 x 90 x 17 (Disc) / 2.75" x 18" , Spoked Wheel
Front
(Drum)
Rear 3.0 (Disc) / 3.0" x 18" (Drum)
43
OBJECTIVES OF THE STUDY
Advertising plays a major role in present market conditions in making or modifying the
consumers’ purchase decision. Also every task is objective oriented. The major objectives
4. To find out the motivating factors for consumer in purchasing the bikes.
44
45
RESEARCH METHODOLOGY
A large portion of society depends upon two-wheelers for transportation and travel,
therefore the relationship between the customers and the market players must be
established and explored to make the marketing effort fruitful and profitable. Thus it is
reflected in the above wording that the present study shall be useful in meeting and
exploring the proposed objectives. Therefore to make the present study meaningful, the
data shall be collected from various sources such as journals, newspapers, Internet, etc. that
will serve as the base for the secondary data and for interacting with the respective users
of the two-wheelers.
Steps of Methodology
Research Design
46
Collection of
Data Organization
of Data Presentation
of Data
Analysis of
Interpretatio
Data
n of Data
Research Instrument
The proposed study is based on both primary and secondary data. The main sources of the
secondary data to be used in the study shall be collected through newspapers, magazines,
and journals, published reports of the industry (two-wheelers) players and the Internet.
For the primary data the customers shall be contacted with the questionnaire
Sampling Plan
For the purpose of gathering the primary data the customer numbering 200 (approx.) shall
be contacted with the help of a questionnaire. The sampling shall be random and discrete.
The area, which will be considered for the purpose of present study, will be
Panipat only.
47
48
ANALYSIS & INTERPRETATION
49
Yes 160
No 40
200
150
50
0
yes no
Analysis
It is clear from the above diagram that most of the people own the bike.
50
Hero Honda 80
TVS 35
Yamaha 25
25 Bajaj
60
35 HeroHonda
80 TVS
Yamaha
Analysis
It is clear from the above diagram that the Bajaj and Hero Honda company are the market
leaders.
51
Yes 90
No 110
120
No. of Respondents
100
80
60 Series1
40
20
0
Yes No
Analysis
It is clear from the above result that mostly customers ae not planning to purchase the
bike.
52
Brand Name No. of Respondents
Bajaj 60
Hero Honda 70
TVS 40
Yamaha 30
No. of Respondents
80
70
60
50
40 No. of Respondents
30
20
10
0
Bajaj Hero Honda TVS Yamaha
Brand Name
Analysis
It is clear from the above diagram that the most of the people will prefer Bajaj and Hero
Honda as a brand.
53
Reasons No. of Respondents
Style 35
Mileage 45
Colours 35
Design 40
Durability 45
Durability
Design
Reasons
Colours Series1
Mileage
Style
0 10 20 30 40 50
No. of Respondents
Analysis
It is clear from the above diagram that the most of people will prefer brand Bajaj and
54
Q.6) For what purpose you purchase the bike?
Purpose
40 For Comfort
80 For Profession
For Style
60 For Daily use
20
Analysis
It is clear from the above diagram that the most of the people use the bike for their
55
Q.7) Who influence you to purchase the bike?
60
50
40
30 Series1
20
10
0
Factors
Analysis
It is clear from the above diagram that most of people influenced by the family, brand name
56
Q.8) Are you brand loyal?
No 70
150 130
No. of 100 70
Responden
ts 50 Series1
0
Yes No
Brand Loyal
Analysis
It is clear from the above diagram that most of people are brand loyal.
57
Q.9) If you suggested anybody to purchase bike, which brand you
suggested?
Hero Honda 75
Tvs 35
Yamaha 25
25
65 bajaj
35 Hero Honda
TVS
Yamaha
75
Ananlysis
It is clear from the above diagram that most of people suggested Hero Honda and Bajaj
58
Q.10) Why you suggested that particular brand?
45
50 40
40 35 Comfort
30
No. of 30 25 25 Cheaper Source
Respondents Style
20
10 After Sale Service
Analysis
It is clear from the above diagram that most of people suggested brand because of style,
Q.11) What are the price factors, which motivate you to buy the bikes?
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Price Factors No. of Respondents
Reliable 55
Off Season 40
Schemes 50
Discounts 45
Any Other 10
Any other 10
Price Factors
Discounts 45
Schemes 50 Series1
Off Season 40
Reliable 55
0 20 40 60
No. of Respondents
Analysis
From the above diagram it is clear that the price factor such as reliable, discount and
60
Financers 60
Any other 20
No. of Respondents
90 80
80
70 60
60
50 40 Series1
40
30 20
20
10
0 CSD Canteens
Financers
Any other
Authorized
Dealers
Place Factors
Analysis
It is clear from the diagram that the most of the people buy the bike from authorized
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FINDINGS
62
It was found that the customers are brand loyal to Bajaj and Hero Honda, only
Most of the people need the bikes for their profession and for the local journey.
People are mostly motivated by user life style, peer group and status factors to buy
the bikes.
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LIMITATIONS
64
Consumers sometimes find it difficult to express their feelings due to various
The time and money are also big constraints in the course of the research process.
The sample size being smaller may not lead to the generalized results for a larger
population base.
65
SUGGESTIONS
66
TVS Company will go for more advertisement by using celebrities for making
brand preference.
TVS have concentrate on the style, design & comfort in their bikes.
TVS Company should launch the new models frequently in a market so that they
can build the brand image of its bikes among the customers.
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BIBLIOGRAPHY
TEXT BOOKS: -
WEBSITES: -
www.google.com
www.tvsmotor.in
www.bajajauto.in
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70
QUESTIONNAIRE
Name……………………………………………………………….
Occupation…………………………………………………………
Age………………………………………………………………….
Sex…………………………………………………………………..
Yes …… No ……
Tvs …… Yamaha ……
Yes …… No ……
Tvs …… Yamaha ……
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Q. 5) Why this particular brand you preferred?
Style …… Mileage ……
Colours …… Design ……
Durability ……
Advertisement …… Celebrities ……
Neibours …… Friends ……
Yes …… No ……
Q.9) What are the price factors, which motivate you to buy the bikes?
Schemes …… Discount ……
Any other ……
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Q.10) From where did you purchase the bike?
suggested?
Tvs …… Yamaha ……
(Signature)
73