A Project Report On “To study and design a marketing plan to increase the sales of Maruti Genuine Accessories in Maruti Service Masters, Okhla, New Delhi.” Dissertation submitted In Partial fulfillment for the MASTER IN MARKETING MANAGEMENT By Shwetank shekhar Batch 2009-2011 Under The Guidance Of Mr. Lalit Sharma (GM of Operation ) Mr. Praveen Kumar<GM, works > Captain A. Chaudhary (Director & CEO )
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
A
Project Report On
“To study and design a marketing plan to increase the sales of Maruti
Genuine Accessories in Maruti Service Masters, Okhla, New Delhi.”
Dissertation submitted
In Partial fulfillment for the
MASTER IN MARKETING MANAGEMENT
By
Shwetank shekhar
Batch 2009-2011
Under The Guidance Of
Mr. Lalit Sharma (GM of Operation)
Mr. Praveen Kumar<GM, works>
Captain A. Chaudhary (Director & CEO)
MARUTI SERVICE MASTERS
Declaration
I hereby declare that this project report titled “To study and design a marketing plan to
increase the sales of Maruti Genuine Accessories” in Maruti Service Masters (Okhla Ph-2)
is executed as per the course requirement for the MASTER IN MARKETING
MANAGEMENT and the report represents independent and original work on the part of the
candidate .
Place: Shwetank shekhar
Date:
ACKNOWLED GEMENT
I feel immense pleasure in presenting this project report on “To study and design a
marketing plan to increase the sales of Maruti Genuine Accessories in Maruti
Service Masters”. I wish to express true sense of gratitude towards Mr. Lalit Sharma Project
Guide and Project Co-coordinator who at very discrete step in study of this project, contributed
his valuable guidance and helped to solve every problem that arose.
I take this opportunity to thank Captain A. Chaudhary, (Director and CEO,
Maruti Service Masters) for opening the doors of the department towards the realization
of our project, his guidance and encouragement.
Most importantly we would also like to express our sincere gratitude towards all the
staff members of MSM . I also express my thanks to all our friends for their support and
suggestions shown during the completion of our project. I take this opportunity to express
my thanks to all who rendered their valuable help, along with all those unseen people
across the internet for maintaining those valuable resources for the successful completion
of my project.
ABSTRACT
According to the current scenario, the main aim of any organization is to maximize the profit and
better customer satisfaction and for both the process, any organization has required to capture the
giant market and to retain the customers.
So MARUTI SERVICE MASTERS has planned that how
to retain the customer and if he is able to retain the customer then obviously customer
satisfaction and maximum profit will achieve and He launched a new and innovative program for
the customer i.e. AMC (Annual Maintenance Contract) and Which is designed by the Director
and CEO of the organization Captain A. Chaudhry. And it has achieved a great success in the
market and MSM has captured a huge part of market for servicing.
Annual Maintenance Contract is a type of policy by which
MSM can retain his customer to sell this product. It Contains a one year contract or limited
mileage maintenance plan by which customer can take benefits for the whole year and will
service his cars as per required for maintenance and not to go for others and take advantages of
this great scheme.
The whole plan has been distributed in to two parts.
1. Servicing Plan.
Silver Plus Plan(Unlimited Labors)
Gold Plan(Unlimited Labors +Scheduled Parts as per Maintenance)
Gold Plus Plan(Unlimited Labors + Unlimited Parts)
2. Body Shop Related Plan.
Platinum Plan.
So it is not a project, like a case study that how we can expand the selling of this product and
how can we achieve the target given by the organization.
The plan has been launched in the MSM Okhla, MSM Gtk, and MSM Chennai.
PREFACE
Management training has gained and tremendous importance over the past few years.
Management was previously considered as an in born art or talent but in today’s fast developing
world, the view has been modified. One need a practical experience to identify how the
management concepts are helpful in managing the organization and being a Marketing
management student and summer trainings perquisite of the cerium I undertook 8 weeks
intensive summer training in Maruti Service Masters, Okhla as an essential and obligatory part of
the INSTITUTE OF BISINESS MANAGEMENT AND RESEARCH,PUNE. This project report
is the outcome of the training entitled “To study and design a marketing plan to increase the
sales of Maruti Genuine Accessories in Maruti Service Masters’
This training proved very beneficial for me in Understanding the organization, their operation as
well as help in knowing how people work as a team to achieve the organizational objective.
Their style to know about consumer requirement and fulfilled them excellently. It was pride for
me to work such energetic people, who guide me how they communicate the consumer build
brand equity and better customer relationship.
This summer training was quite interesting, inspiring, satisfying, knowledge, gaining and
academically rewarding.
IINTRODUCTIONNTRODUCTION
MSM is a joint venture of Maruti Udyog Limited; Sumitomo Corporation Japan; Sumitomo
Corporation India and Maruti Countrywide (a GE Capital group company)
(The joint venture between companies from 3 leading business groups had been
envisaged to leverage the strengths, knowledge base and resources of each strategic partner to
the maximum advantage of the joint venture company).
Branches of MSM:-
MSM Okhla(Main Branch) Established on 13th August 1999
F39, Okhla Industrial. Area Phase II, (Near C Lal Chowk) New Delhi-20
MSM GTK, Established 17th August 2006
Company Profile
1
9, SSI, GTK Road (Near KDR Factory) Delhi-33.
MSM Chennai, Established on 30th January 20049, South Phase, Thiru-vi-ka
To set up model automobile workshops, having superior technology, systems and
processes, in order to satisfy customer needs to a greater level and also act as a
model to other players.
To provide the complete range of services to the Maruti customer over the entire
product life cycle, thereby becoming a single window for all customer needs.
To become a platform for introduction of various new initiatives of the
shareholders in the automotive retail sector.
Business Portfolio:-
Service & Repairs.
Body & Paint Repairs (Accident Repairs).
Sale of Maruti Genuine Parts & Maruti Genuine Accessories.
Extended Warranty Program.
Sale of Refurbished Used Cars (True Value).
Used Cars Finance.
Maruti Insurance.
Annual Maintenance Contract.
Customer Care.
SERVICE AND REPAIRS
In the whole world after selling of any product, Customer has demanded for the maintenance of
his product, that’s why Maruti has established his own service station where we provide all the
services as per maintenance required like as free services, Paid services, Running repairs and so
many things for the customer benefits and satisfaction.
And these are the services providing by MSM......
Redefining car care
Complete maintenance solutions, which include free and paid services,
warranty jobs and running repairs.
Maruti Suzuki trained manpower for professional and personalised care.
Hi-tech systems and equipment in place for diagnostics and repairs
Only Maruti genuine parts used.
Japanese practices and standards adopted so your Maruti Suzuki gets the
best care.
Free Service
Paid Service
Warranty Repairs
Computerized Wheel Alignment & Balancing
Suspension & Brake testing
Engine Check by hand held Mini Computer
Overhauling:-
Steering
Suspension
Clutch
Brake
AC Compressor
Engine
Gear Box
New Innovative: - MSM 2hours Express Service.
Conditions Apply:
1. The schedule starts from the time of job card opening.
2. The 2hours express service is offered on select scheduled services only (excluding 40K,
80K, and 120K… major services). Diagnostic problems, Overhauling and dismantling of
major assemblies are not included.
3. Prior appointment is required.
4. The customer should await the job completion at the workshop premises.
5. The decisions of the Works Manager / Management shall be binding.
So It is the new innovative plan done by MSM and the name of this new design is
EXPRESS WAY, According to the customer demand and time saving, it has been implemented
by which we can service any first and second servicing car in one hour fifteen minutes and its is
very new innovative plan to impress and manage the customer.
BODY & PAINT REPAIRS (ACCIDENTAL REPAIRS)
It is the special department only related to accidental case, according to the customer demand
and concentrated on the DELHI traffic, we have got many accidental case related to the body
damage and any type of problem developed due to major or minor accident in the traffic.
So it is specially created to handle with that accidental case from the
first process like job card opening to the end process delivery of the cars.
About the body shop experts……
Best Infrastructure in place, like digital crash repair systems, MIG-MAG, Spot
welders and paint booths, to bring vehicles back to factory finish.
Fast and seamless repairs, using 2K painting technology
Virtually cashless repairs
Customization options include interior painting, 2-tone painting and a choice of
over 70,000 colors.
And the services are……..
Accidental Crash Repairs
Insurance Claims
Cashless Settlements
Non Insurance Jobs
24*7 Towing Assistance
Salvage Deposit Support
Exterior Rubbing and Polishing
Customization
2 Tone Painting
Body Color Bumper, Rear View Mirror, Door Handles.
Dry Denting
SALES OF MARUTI GENUINEPARTS & ACCESSORIES
At the time of servicing, Many parts has been demanded as per the maintenance of the cars, so
customer always demand genuine parts which will used at the time of servicing.
So it will establish specially to full-fill the requirement of the customer and better
customer satisfaction. The whole parts and accessories which is authorized by MARUTI –
SUZUKI INDIA LTD. So Customer can easily purchase and used in his cars because of
reasonable value and authorization of Maruti Industry.
Be good to your Maruti Suzuki…..
Get a wide range high-quality Maruti Suzuki accessory and make your car looking
unique.
Give your car the care it deserves – use Maruti genuine spares for trouble-freee
operations and longer life.
Extended Warranty Program:-
Extend Your Car’s WARRANTY
Before Expiry Of The Primary Warranty
It’s a new implemented program in which any Maruti customer can extend the warranty of his
car by paying some amount and can use up to 80,000 kms.
Having more advantage……….
Flexibility to approach any maruti Suzuki Dealer across the country for repairs under
warranty.
Total peace to mind up to 4 years at a very nominal price.
Backed with tha assurance of Maruti Suzuki India limited.
MARUTI TRUEVALUE
Maruti True value approach to sell or purchase pre-owned cars and customer have fully
satisfaction of their investment and he can approach to others by using this facility for the same
process.
True Value having………
The best palace to Buy/Sale pre-owned cars
Maruti certified quality pre-owned cars on sale.
Free Evaluation of Maruti Suzuki cars.
Attractive finance options available.
Advantage of Sellers:-
The right price for your car.
120-point scientific evaluation
Hassle-free, Prompt payment
No commissions to be paid
Attractive Exchange options
Advantage of Buyers:-
Maruti Suzuki certified pre-owned cars
Cars refurbished by MSM
Up to one year/15,000 kms warranty
3 free services
Attractive finance options available
Maruti Insurance
Since 1983 Maruti Suzuki has provided its customer with world class cars and unmatched
services. The drive to meet all automobile related needs under one roof has earned the trust and
respect of over7 millions satisfied customers.
Maruti Insurance is a unique value added car insurance service offered by Maruti Suzuki to all its
customers that lets you sit back and relax.
Maruti insurance having tie-up with the two major insurance companies…
1. ICICI Lombard
2. National Insurance Company
WHAT MARUTI INSURANCE OFFERS YOU????????……….
MSM LOYALITY PROGRAMS:-
ANNUAL MAINTENANCE CONTRACT:-
Annual Maintenance Contract is a type of policy by which MSM can retain his customer to sell
this product. It Contains a one year contract or limited mileage maintenance plan by which
customer can take benefits for the whole year and will service his cars as per required for
maintenance and not to go for others and take advantages of this great scheme.
Types of MSM AMC:-
AMC Plans at a GlanceAMC Plans at a Glance
So AMC offered the whole advantages above mentioned according to this plan and its a running plan in the MSM Okhla.
The whole plan is divided in to two parts i.e.
1. Service Plan
Silver Plus Plan
Gold Plan
Gold Plus Plan
2. Accidental related
Platinum Plan
Benefits of AMC CLUB:-
No Prior Booking will be required
Free Pick-up & Drop Facility
Priority on Job card Opening
Free Washing on every visit
Free Dry-Clean once in a year
Free top up of oils & coolant on workshop visit
Waiving of compulsory insurance charge on accident repair.
5% discount on Bridgestone Tyres & Tubes
5% discount on Dry-Cleaning & Exterior Enrichment
6 months MSM warranty on parts
Rs.1000/- off on CNG fitment
AMC is not just a policy, we explain AMC as a privilege club membership in that way a customer is a loyal member of MSM and he can demand for any of the services, which will be define all the AMC plan, So it’s a good approach to retain the customer and also beneficial on the customer side because after join this AMC Club, he is a part of AMC Club and take benefits as much as possible.
Customer care-
Customer Care, which is the most important part of the MSM, by which The organization interacts with the customer and gets whole the details like problems, feedback, satisfaction category and so many things related to the services and our products.
These are the following activities done by our customer care departments………..
Post Service Follow-up (PSF)
Customer Complaint
Service Marketing Report
Service Booking
Service Camps
SMS
Internal CSI (34 Points – 10 Scale)
Instant Feedback Card
Customer Lounge Feedback Card
Delay Deliveries
Estimate Variation Report
Repeat Job
Carry Over Ratio
Tolerance Time Report
Unique List
Customer Not Visited
DMS:-
Overview:-
DMS is a centrally hosted
Application that integrates all the:
Departments within a dealership
Outlets of a dealership &
Dealers
With MSIL on a real time online basis.
It offers an integrated view of all the functions:
Sales
Service
Spares
Sales Support
It integrates multiple outlets across multiple cities, giving a single snap shot of consolidated information available to you for decision making.
DMS enables continuous tracking of the customer and vehicle across all customer touch points with the dealership, leading to:
Better customer retention
Greater customer satisfaction
Thereby, increased revenues
DMS LOGIN PAGE:-
DMS PORTAL:-
MARKETING
According to marketing concept, an organization should try to provide products that satisfy
customers' needs through a coordinated set of activities that also allows the organization to
achieve its goals. Customers satisfaction is the major focus of the Marketing concept .An
organization should must determine what customers want and use this information to create
satisfying products The organization must also continue to alter ,adapt, and develop products
to keep pace with customers- changing desires and preferences.
The marketing concept emphasis that marketing begins and ends with
customers. The marketing concept is not a second definition of marketing .It is a
management philosophy guiding an organization overall activities. This philosophy affects
all organizational activities, not just Marketing, Production finance, accounting, personnel,
and marketing departments must work together. Today, businesses want to satisfy customers
and build meaningful long term buyer-seller relationships. The term relationship marketing
refers to long term mutually beneficial arrangement in which both the buyer and seller focus
on value enhancement through the creation of more satisfying exchanges. To expedite
Basic Fundamentals, Plans & Strategies.
2
exchanges and develop beneficial exchange relationships, firm marketing managers must
develop and manage marketing strategies. A marketing strategy is a plan of action for
developing, distributing, promoting, and pricing products that meets the needs of specific
customers. The marketing strategy articulates the best use of the firms' resources and tactics
to met its objectives. To develop and manage marketing strategies, marketers focus on
several tasks:
Selecting a target market, developing a marketing mix, assessing environmental forces, and
managing marketing efforts effectively. A target market is a specific group of buyers on
whose needs and wants a company focuses its marketing efforts. Marketing managers may
define a target market as a vast number of people or as a relatively small group. A market
opportunity exist when the right combination of circumstances and timing permit an
organization to take action to reach a particular target market.
VALUE OF MARKETING
Every organization should follow/abide the values of Marketing, i.e. Ethics and Social
responsibility.
ETHICS:-
Ethics may be one of the most misunderstood and controversial concepts in marketing.
Nevertheless, this concept and its application need to be examined in order to support
Marketing decisions that are acceptably and beneficial to the society. The term ethics relates
to values and choices and focuses on standards, rules, and codes of conduct that govern the
behavior of individuals. Marketing ethics refer to principles that define acceptable conduct in
marketing. The most basic ethical issues have been codified as laws and regulations to
encourage marketers to conform to society's expectations of conduct. At a minimum,
marketers are expected to obey theses laws and regulations .however. It is important to