PROJECT REPORT ON A STUDY ON CUSTOMER SATISFACTION TOWARDS ROYAL ENFIELD BIKES, BANGALORE

SUBMITTED IN PARTIAL FULFILLMENT OF BACHELOR OF BUSINESS MANAGEMENT DEGREE COURSE OF BANGALORE UNIVERSITY

2010-2011 BY VENU.S Reg No.08YAC08170 UNDER GUIDENCE OF MS. RAJANI KORAH

GAIN MORE KNOWLEDGE REACH GREATER HEIGHTS PRESIDENCY COLLEGE, KEMPAPURA, HEBBAL, BANGALORE-560024

DECLARATI0N

hereby

declare

that

this

titled

as

A STUDY ON

CUSTOMER SATISFACTION TOWARDS ROYAL ENFIELD BIKES, BANGALORE is my original work under the guidance of
Ms.Rajani Korah, towards the partial fulfilment of the requirements for BBM course of Bangalore University. This has not been submitted earlier for award of any other degree by Bangalore University or any other University.

DATE: PLACE: BANGALORE

NAME: VENU.S REG NO: 08YAC08170

ACKNOWLEDGEMENT
It gives me tremendous pleasure in bringing out this project entitled A STUDY ON CUSTOMER SATISFACTION TOWARDS ROYAL ENFIELD BIKES, BANGALORE taken up during my final year BBM degree course. I am thankful to Mr. MUDDU VINAY Principal and Mr. PRADEEP SHINDE Head of Dept of Presidency College for granting me permission for this work and the help extended to me during the course of this project. I express my deep gratitude and indebtedness towards my guide Ms. Rajani Korah for her valuable guidance and assistance through stimulating discussion during the course of this project work. I am deeply indebted to Mr. Deepak Rajkumar, SALES MANAGER, Royal Enfield, A Unit of Eicher Motors Ltd. for giving me the opportunity to undertake this project work in their esteemed company. Their valuable guidance has been at most useful. Last but not the least I would like to thank my parents, friends and all other respondents for co-operating with me in this work during my study and making this a successful one.

NAME: VENU.S REG NO: 08YAC08170

SL. NO. 1.

CONTENTS CHAPTER 1- INTRODUCTION

This chapter contains introduction to Marketing, Meaning, Definition, Importance and other relevant aspects of Customer Satisfaction, the theoretical background to Automobile Industry till date and Indian two wheeler markets.

PAGE NO 1-40

2.

CHAPTER 2- RESEARCH DESIGN

y y y y y y y y y y Statement of problem Objectives of study Scope of study Operational Definitions Research Methodology Tools of Data collection Sample Design Plan of Analysis Limitations of the study Overview of Chapter scheme

41-51

3.

CHAPTER 3- COMPANY PROFILE

This chapter contains the historical background of the company, company vision, objectives, and SWOT analysis.

52-77

4.

CHAPTER 4- DATA ANALYSIS AND INTERPRETATION

Analysis and interpretation from the data collected through questionnaires, Tables and graphs representing it.

75-114

5.

CHAPTER 5- SUMMARY OF FINDINGS AND CONCLUSIONS

This chapter contains the findings drawn from the study. CHAPTER 6- SUGGESTIONS This chapter consists few suggestions to the company

115-120

6. 7. 8.

121-123

ANNEXURES
This chapter contains Questionnaire.

BIBLIOGRAPHY
Name of the books, author, magazines and websites.

INDEX OF THE TABLES

TABLE NO
1.

TABLE NAMES
Table showing the profile of the respondents based on age Table showing the profile of the respondents based on gender Table showing the occupation of respondents Table showing the annual income group of respondents Table showing the model of the Royal Enfield the respondents presently own Table showing the purchasing way of the customers Table showing the no of respondents considering other motorcycle while purchasing Royal Enfield bike Table showing the source of awareness for customers while buying their Royal Enfield bike Table showing the mileage of Royal Enfield after purchase of bike Table showing the breakdown of bikes since purchase of vehicle Table showing the place of purchase of Royal Enfield bikes and their satisfaction response towards it Table showing the availability of spare parts in the market

PAGE NO
75

2.

77

3. 4.

79 81

5.

83

6. 7.

85 87

8.

89

9.

91

10.

93

11.

95

12.

97

13 14.

Table showing the major problems after purchasing Royal Enfield bike Table showing the rating by the respondents for their satisfaction level with respect to power and pick up Table showing the rating by the respondents for their satisfaction level with respect to comfort and safety Table showing the rating by the respondents for their satisfaction level with respect to after sales service Table showing the respondents opinion of the major barrier for not purchasing Royal Enfield bikes by non-bullet riders Table showing the place of service of respondents bike Table showing the respondents opinion and level of satisfaction about the company taking action towards complaints lodged by the customers Table showing the respondents opinion about participating in the rider mania organized by the Royal Enfield club

99 101

15.

103

16

105

17.

107

18.

109

19.

111

20.

113

INDEX OF THE GRAPHS

GRAPH NO
1.

GRAPH NAMES
Graph showing the profile of the respondents based on age Graph showing the profile of the respondents based on gender Graph showing the occupation of respondents Graph showing the annual income group of respondents Graph showing the model of the Royal Enfield the respondents presently own Graph showing the purchasing way of the customers Graph showing the no of respondents considering other motorcycle while purchasing Royal Enfield bike Graph showing the source of awareness for customers while buying their Royal Enfield bike Graph showing the mileage of Royal Enfield after purchase of bike Graph showing the breakdown of bikes since purchase of vehicle Graph showing the place of purchase of Royal Enfield bikes and their satisfaction response towards it Graph showing the availability of spare parts in the market

PAGE NO
76

2.

78

3. 4.

80 82

5.

84

6. 7.

86 88

8.

90

9.

92

10.

94

11.

96

12.

98

13 14.

Graph showing the major problems after purchasing Royal Enfield bike Graph showing the rating by the respondents for their satisfaction level with respect to power and pick up Graph showing the rating by the respondents for their satisfaction level with respect to comfort and safety Graph showing the rating by the respondents for their satisfaction level with respect to after sales service Graph showing the respondents opinion of the major barrier for not purchasing Royal Enfield bikes by non-bullet riders Graph showing the place of service of respondents bike Graph showing the respondents opinion and level of satisfaction about the company taking action towards complaints lodged by the customers Graph showing the respondents opinion about participating in the rider mania organized by the Royal Enfield club

100 102

15.

104

16

106

17.

108

18.

110

19.

112

20.

114

CHAPTER 1

INTRODUCTION

INTRODUCTION TO MARKETING
Marketing is the process of performing market research, selling products and/or services to customers and promoting them via advertising to further enhance sales. It generates the strategy that underlies sales techniques, business communication, and business developments. It is an integrated process through which companies build strong customer relationships and create value for their customers and for themselves. Marketing is used to identify the customer, to satisfy the customer, and to keep the customer. With the customer as the focus of its activities, it can be concluded that marketing management is one of the major components of business management. Marketing evolved to meet the stasis in developing new markets caused by mature markets and overcapacities in the last 2-3 centuries. The adoption of marketing strategies requires businesses to shift their focus from production to the perceived needs and wants of their customers as the means of staying profitable. The term marketing concept holds that achieving organizational goals depends on knowing the needs and wants of target markets and delivering the desired satisfactions. It proposes that in order to satisfy its organizational objectives, an

organization should anticipate the needs and wants of consumers and satisfy these more effectively than competitors. An orientation, in the marketing context, related to a perception or attitude a firm holds towards its product or service, essentially concerning consumers and end-users. Throughout history, marketing has changed considerably in time with consumer tastes. Contemporary approaches Recent approaches in marketing include relationship marketing with focus on the customer, business marketing or industrial marketing with focus on an organization or institution and social marketing with focus on benefits to society. New forms of marketing also use the internet and are therefore called internet marketing or more generally e-marketing, online marketing, search engine marketing, desktop advertising or affiliate marketing. It attempts to perfect the segmentation strategy used in traditional marketing.

Customer orientation

A firm in the market economy survives by producing goods that persons are willing and able to buy. Consequently, ascertaining consumer demand is vital for a firm's future viability and even existence as a going concern. Many companies today have a customer focus (or market orientation). This implies that the company focuses its activities and products on consumer demands. Generally, there are three ways of doing this: the customer -driven approach, the market change identification approach and the product innovation approach. In the consumer-driven approach, consumer wants are the drivers of all strategic marketing decisions. No strategy is pursued until it passes the test of consumer research. Every aspect of a market offering, including t he nature of the product itself, is driven by the needs of potential consumers. The starting point is always the consumer. The rationale for this approach is that there is no reason to spend R&D funds developing products that people will not buy. History a ttests to many products that were commercial failures in spite of being technological breakthroughs. A formal approach to this customer-focused marketing is known as SIVA (Solution, Information, Value and Access). This system is basically the four Ps renamed and reworded to provide a customer focus. The SIVA Model provides

a demand/customer-centric alternative to the well-known 4Ps supply side model (product, price, placement, promotion) of marketing management.

Product Price Place

Solution Value Access

Promotion Information If any of the 4Ps were problematic or were not in the marketing factor of the business, the business could be in trouble and so other companies may appear in the surroundings of the company, so the consumer demand on its products will decrease.
Organizational orientation

In this sense, a firm's marketing department is often seen as of prime importance within the functional level of an organization. Information from an organization's marketing department would be used to guide the actions of other departments within the fir m. As an example, a marketing department could ascertain (via marketing research) that consumers desired a new type of product, or a new usage for an existing product. With this in mind, the marketing

department would inform the R&D department to create a prototype of a product/service based on consumers' new desires. The production department would then start to manufacture the product, while the marketing department would focus on the promotion, distribution, pricing, etc. of the product. Additionally, a firm's finance department would be consulted, with respect to securing appropriate funding for the development, production and promotion of the product. Inter -departmental conflicts may occur, should a firm adhere to the marketing orientation. Production m ay oppose the installation, support and servicing of new capital stock, which may be needed to manufacture a new product. Finance may oppose the required capital expenditure, since it could undermine a healthy cash flow for the organization.
Marketing research

Marketing research involves conducting research to support marketing activities, and the statistical interpretation of data into information. This information is then used by managers to plan marketing activities, gauge the nature of a firm's marketing environment and attain information from suppliers. Marketing researchers use statistical methods such as quantitative research, qualitative research, hypothesis tests, Chi-squared tests, linear regression, correlations, frequency distributions, poison distributions, binomial

distributions, etc. to interpret their findings and convert data into information. The marketing research process spans a number of stages, including the definition of a problem, development of a research plan, collection and interpretation of data and disseminating information formally in the form of a report. The task of marketing research is to provide management with relevant, accurate, reliable, valid, and current information. A distinction should be made between marketing research and market research. Market research pertains to research in a given market. As an example, a firm may conduct research in a target market, after selecting a suitable market segment. In contrast, marketing research relates to all research conducted within marketing. Thus, market research is a subset of marketing research.
Market segmentation

Market segmentation pertains to the division of a market of consumers into persons with similar needs and wants. For instance, Kellogg's cereals, Fro sites are marketed to children. Crunchy Nut Cornflakes are marketed to adults. Both goods denote two products which are marketed to two distinct groups of persons, both with similar needs, traits, and wants. Market segmentation allows for a better allocation of a firm's finite resources. A firm only possesses a certain amount of resources. Accordingly, it must make choices (and incur the related costs) in servicing specific groups of consumers. In this way, the diversified tastes of contemporary Western consumers can be served better.

Types of marketing research

Marketing research, as a sub-set aspect of marketing activities, can be divided into the following parts: Primary research (also known as field research), which involves the conduction and compilation of research for a specific purpose.
y

Secondary research (also referred to as desk research), initially conducted for one purpose, but often used to support another purpose or end goal.

By these definitions, an example of primary research would be market research conducted into health foods, which is used solely to ascertain the needs/wants of the target market for health foods. Secondary research in this case would be research pertaining to health foods, but used by a firm wishing to develop an unrelated product. Primary research is often expensive to prepare, collect and interpret from data to information. Nevertheless, while secondary research is relatively inexpensive, it often can become outdated and outmoded, given that it is used for a purpose other than the one for which it was intended. Primary research can also be broken down into quantitative resear ch and qualitative research, which, as the terms suggest, pertain to numerical and non -numerical research methods and techniques, respectively. The appropriateness of each mode of research depends on whether data can be quantified (quantitative research), or whether subjective,

non-numeric or abstract concepts are required to be studied (qualitative research). There also exist additional modes of marketing research, which are: Exploratory research, pertaining to research that investigates an assumption.
y y

Descriptive research, which, as the term suggests, describes "what is". Predictive research, meaning research conducted to predict a future occurrence.

Conclusive research, for the purpose of deriving a conclusion via a research process.

Promotion (marketing)

Promotion is one of the four elements of marketing mix (product, price, promotion, distribution). It is the communication link between sellers and buyers for the purpose of influencing, informing, o r persuading a potential buyer's purchasing decision. Fundamentally, however there are three basic objectives of promotion. These are: 1. To present information to consumers as well as others 2. To increase demand 3. To differentiate a product.

Marketing strategy

The field of marketing strategy encompasses the strategy involved in the management of a given product. A given firm may hold numerous products in the marketplace, spanning numerous and sometimes wholly unrelated industries. Accordingly, a plan is required in order to effectively manage such products. For example, a start-up car manufacturing firm would face little success should it attempt to rival Toyota, Ford, Nissan, Chevrolet, or any other large global car maker. Moreover, a product may be reaching the end of its lifecycle. Thus, the issue of divest, or a ceasing of production, may be made.

CUSTOMER SATISFACTION
Customer satisfaction, a business term, is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percent age of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals." It is seen as a key performance indicator within business and is part of the four of a Balanced Scorecard. In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key differentiator and increasingly has become a key element of business strategy. Within organizations, customer satisfaction ratings can have powerful effects. They focus employees on the importance of fulfilling customers expectations. Furthermore, when these

ratings dip, they warn of problems that can affect sales and prof itability. These metrics quantify an important dynamic. When a brand has loyal customers, it gains positive word-of-mouth marketing, which is both free and highly effective. In researching satisfaction, firms generally ask customers whether their product or service has met or exceeded expectations. Thus, expectations are a key factor behind satisfaction. When customers have high expectations and the reality falls short, they will be disappointed and will likely rate their experience as less than satisfying. For this reason, a luxury resort, for example, might receive a lower satisfaction rating than a budget motel even though its facilities and service would be deemed superior in absolute terms.

CUSTOMER SATISFACTION IN 7 STEPS

1. Encourage Face-to-Face Dealings

This is the most daunting and downright scary part of interacting with a customer. If you're not used to this sort of thing it can be a pretty nerve wracking experience. Rest assured, though, it does get easier over time. It's important to meet your customers face to face at least once or even twice during the course of a project.
2. Respond to Messages Promptly & Keep Your Clients Informed

This goes without saying really. We all know how annoying it is to wait days for a response to an email or phone call. It might not always be practical to deal with all customers' queries within the space of a few hours, but at least

email or call them back and let them know you've received their message and you'll contact them about it as soon as possible. Even if you're not able to solve a problem right away, let the cust omer know you're working on it.
3. Be Friendly and Approachable

A fellow Site Pointer once told me that you can hear a smile through the phone. This is very true. It's very important to be friendly, courteous and to make your clients feel like you're their friend and you're there to help them out. There will be times when you want to beat your clients over the head repeatedly with a blunt object - it happens to all of us. It's vital that you keep a clear head, respond to your clients' wishes as best you can, and at all times remain polite and courteous.
4. Have a Clearly-Defined Customer Service Policy

This may not be too important when you're just starting out, but a clearly defined customer service policy is going to save you a lot of time and effort in the long run. If a customer has a problem, what should they do? If the first option doesn't work then what? Should they contact different people for billing and technical enquiries? If they're not satisfied with any aspect of your customer service, who should they tell? There's nothing more annoying for a client than being passed from person to person, or not knowing who to turn to. So make sure your customer service po licy is present on your site -- and anywhere else it may be useful.
5. Attention to Detail

Have you ever received a Happy Birthday email or card from a company you were a client of? Have you ever had a personalized sign -up confirmation email for a service that you could tell was typed from scratch? These little niceties can be time consuming and aren't always cost effective, but remember to do them. Even if it's as small as sending a Happy Holidays email to all your customers, it's something. It shows you care; it shows there are real people on the other end of that screen or telephone; and most importantly, it makes the customer feel welcomed, wanted and valued.
6. Anticipate Your Client's Needs & Go Out Of Your Way to Help Them Out

Sometimes this is easier said than done! However, achieving this supreme level of understanding with your clients will do wonders for your working relationship.
7. Honor Your Promises

It's possible this is the most important point in this article. The simple message: when you promise something, deliver. Clients don't like to be disappointed. Sometimes, something may not get done, or you might miss a deadline through no fault of your own. Projects can be late, technology can fail and sub-contractors don't always deliver on t ime. In this case a quick apology and assurance it'll be ready ASAP wouldn't go a miss.

CUSTOMER LOYALTY
Obtaining a thorough understanding of customer loyalty is a prerequisite for the execution of the research at hand. For that, the development of customer loyalty research within the framework of relationship marketing will be presented first, before different customer loyalty concepts will be introduced. From these concepts, a definition of customer loyalty for use in this study will be derived, before both consequences and antecedents of customer loyalty will be portrayed. Since the beginning of the 1990 s, customer loyalty has gained importance both in relationship marketing research and in business. In business, this can be attributed to changing market - and competition-environments. Due to a shift from a sellers to a buyers market and because of an in creasing degree of globalization, most industries find themselves confronted with new challenges. In a first phase, firms tried to face these challenges by focusing on their internal processes and organizational structures, trying to achieve cost reduction s by concentrating on internal improvements. A second phase of external focus followed, where firms directed attention to their customers, trying to retain existing ones and to win over new ones (churning). Since acquiring new customers is much more expensive than keeping them. And loyal customers are the bedrock of any business. A loyal customer base represents a barrier to entry, a basis for a price premium, time to respond to competitor innovations,

and a bulwark against deleterious price competition . Loyalty is critical to brand volume, is highly correlated to market share, and can be used as the basis of predicting future market share; consequently, understanding loyalty appears critical to any meaningful analysis of marketing strategy. In marketing research, two trends mark the development of customer loyalty. While individual transactions initially were in the center of marketing research, the focus shifted towards analyzing relationships states that the traditional marketing concept of the mark eting mix with its 4 Ps, developed in the middle of the last century, had been the established approach until the 1990s. This approach, how-ever, focuses solely on transactions, a deficit tackled by the relationship marketing approach. At the core of it is the study of relationships between buyers and sellers of goods or services, in contrast to merely examining transactions. An often cited and comprehensive definition of relationship marketing is provided Relationship marketing refers to all marketing activities directed toward establishing, developing, and maintaining successful relational exchanges. Therefore, the relationship marketing approach pro-vides a suitable environment in which customer loyalty research can be nested. While the development of relationship marketing began in the early 1970s, it was not until the late 1980s that works from the Nordic School of Services. Initiated a paradigm shift that geared marketing towards the creation,

conservation, and extension of buyer -seller relationships. Although relationship marketing today is widely accepted among marketing researchers, its promoters do not postulate the replacement of the transactional approach, but rather juxtapose the two approaches. For example, delineates a strategy continuum , in which different goods require different degrees of transaction - and relationshipbased marketing strategies. As a result of the focus on relationships in marketing research, customer loyalty gained importance within research. Before determining which stream the present study can be associated with, however, it is important to create a clear understanding of different customer loyalty concepts prevalent in research. This will be accomplished in the following section.
Customer Loyalty Concepts

Reviewing research, it becomes obvious that the notion of customer loyalty is blurred. At its core, customer loyalty deals with relationships between suppliers and their customers and can be distinguished from other loyalty aspects, such as brand loyalty, which refer to a more abstract attachment, such as that towards a brand. Within German customer loyalty literature, the notion of customer loyalty is even more faceted, encompasses both customer loyalty and customer retention distinguishes an active, s upplier-focused component and a passive, customer focused component of customer loyalty. In the supplier-focused perspective, customer loyalty is seen as a bundle of measures that aim at improving relationships with customers. The supplier is

in the center of attention and the customer is only regarded as the factor at which success of customer loyalty becomes manifest. Here it becomes clear that this approach contains a conceptual deficit. It is the customer who eventually decides on whether customer loyalty management is successful or not, because all activities undertaken by a supplier can only be geared at influencing customers to be loyal. A customer-focused perspective therefore has to be added to evaluate the success of customer loyalty management. Within the customer-focused perspective, customer loyalty is conceptualized taking into account customers complex characteristics. These can either be approached as customers directly observable actions and/or take into account their attitudes and intentions. Since customers actions are directly influenced by their attitudes and intentions, it is obvious that these have to be scrutinized to understand and manage loyalty. A third perspective is a synthesis of the former two approaches. The relationship-focused perspective directly examines the relationship between suppliers and customers. Accordingly, the objects of study in this perspective usually are buying behavior in retail contexts and long -term relationships marked by frequent interaction between s uppliers and buyers in industrial contexts.
Behaviorist customer loyalty concepts

Behaviorist concepts of customer loyalty have been at the core of early marketing research and focus on customers observable behavior, as e.g. in purchasing behavior. Accordingly, customer loyalty is established, when

customers demonstrate consistency in their choice of supplier or brand. Hard core loyalty, when one product alternative is exclusively repurchased and of reinforcing loyalty, when customers switch among br ands but repeat-purchase one or more alternatives to a significant extent. Similarly, customer loyalty as the proportion of times a purchaser chooses the same product or service in a specific category compared to the total number of purchases made by the purchaser in that category. Pegging customer loyalty to purchasing behavior, however, is very critical; there can be a multitude of factors affecting purchasing behavior, such as product availability or special deals, which are not grasped by looking at purchases alone. A main deficit of the behaviorist approach thus is that it does not look at the drivers behind purchasing behavior. Another disadvantage of behaviorist customer loyalty concepts is their ex -post approach. When loyalty is only expressed thr ough purchases, information on customers actual loyalty status in between purchases is not available. Consequently, decreasing loyalty is only recognized after it manifests itself through changed purchasing behavior. Only in relationships with frequent interaction can a supplier integrate further aspects, such as complaints, into customer loyalty management. The reason, why behaviorist concepts may still be valuable, is because the measurement of customer loyalty in this approach does not necessitate involvement by the customer. The assessment of attitudes and intentions would always imply customers cooperation through

participation in surveys. By simply recording purchases, e.g. through delivery

records in the industrial context or customer cards in a consumer context; the assessment of customer loyalty poses little difficulty. Particularly in areas, where most purchases can be easily ascribed to individual customers, as is the case with mail-ordering or book-stores on the internet, the behaviorist approac h is useful for identifying different customer groups and their characteristics. Such firms, however, can only assess purchases of their own products, while purchases of competing products go unnoticed. Firms can therefore neither draw conclusions about relative changes of purchasing behaviors, nor evaluate their comparative market position.
Neo-behaviorist customer loyalty concepts

These narrow technical definitions do not adequately capture the richness and depth of the loyalty construct implicit in a relational framework. Consequently, neo-behaviorist customer loyalty concepts start at the shortcomings of the behaviorist approach by examining the causes of loyalty. As early as 1969, Day concluded that loyalty should be evaluated with both attitudinal and behavioral criteria otherwise accidental repeat -purchases, merely resulting from situational exigencies, would be regarded as indicators of loyalty. There is no agreement, however, on the question, whether attitudes are part of customer loyalty or merely an antecedent of it. Some authors propose that only positive attitude can lead to true customer loyalty. If attitude then is a necessary prerequisite of customer loyalty, some drivers of loyalty cannot be

explained. Transaction cost theory, for instance, provides the concept of asset specificity. Relationship-specific investments create economic switching barriers and therefore increase customer loyalty. However, the mere repeat purchase of goods or services for reasons of economic constraints would not qualify as loyalty, as positive attitudes are not involved. In order to avoid the outlined problem, it is useful to abstain from defining positive attitude to be a necessary antecedent of loyalty. Instead, researchers usually consider intentions and observable behavior to be the constituting elements of customer loyalty.
Determinants of Customer Loyalty

In order to be able to gear marketing activities towards the creation of customer loyalty, its determinants and their precise effects have to be known. Accordingly, many researchers have investigated this topic. In order to gain an overview of the determinants identified in these works, they can be structured in three dimensions:
(1)

Company-related determinants refer to the supplier itself or to the goods services offered. It is a prerequisite for the existence of customer loyalty the offered goods or services create utility for the customer and that they available. In this respect, an assessment is usually performed by

or that are

examining quality. In order to evaluate the price -performance ratio, customers will pay attention to prices. Customer loyalty will also be influenced by the

reputation a company has and ultimately by customer loyalty programs offered.

(2) Relationship-related determinants play a significant role in long -term

relationships. Factors regarding the interaction between supplier and customer, such as relationship quality, previous experiences, and trust are important. Commitment, which provides evidence of emotional closeness and moral or normative feelings of obligation, takes a central role in

relationships. Specificity and dependence can lead to economic, psychological and social switching barriers.
(3) Customer-related determinants are mainly influenced by customers

characteristics. In this respect, affect and involvement, and consequently also the importance of the good or service to the customer, are important. Addition to the above delineated areas, the effects of the market environment and competition are researched, as is the link between satisfaction and loyalty, which plays an important role in the research of customer loyalty and is often placed in one of the three dimensions. However, as most other determinants should therefore be influence satisfaction, it cannot be clearly separated and listed as a distinct category.

OBJECTIVES OF CUSTOMER SATISFACTION PROGRAMME

Our Programs are research based, built on the three corner stones of customer satisfaction: product quality, process and procedur al quality, and relationship quality. Our typical program assesses specific issues under each component, for example:

Product Quality

meets or exceeds expectations state-of-the-art technology validated, tested, & simulated to client specifications competitive pricing enhance customer value

Procedural Quality

ease of ordering accurate fulfillment inventory meets needs on time delivery environmentally friendly packing packaged to prevent damage in shipment ease of tracking appropriate adjustment/return policy order-through-delivery process bests competition

Relationship Quality

product knowledgeable contacts knowledgeable about client needs communicates at client knowledge level one-stop problem resolution

problems solved at the root cause legendary customer service benchmarks competition

The tailored Programs provide direct, statistically valid, comparison data of you to your competition on the following actionable areas: Responsiveness Competitiveness Innovativeness Quality Customer Service Long Term Partnering

It accurately quantifies your competitive strengths and weaknesses from your customers' perspective. Using the data, it will help you focus strategic efforts to retain and increase market share. The programs also provide direct measure of the effectiveness of initiatives your organization has implemented during prior year (after first year's participation). That is, you will have quantifiable internal benchmarks (in addition to the external competitive benchmarks) on the repeat annual surveys to judge progress based on actions you have taken during the previous 12 months.

TABLE SHOWING KEY FACTORS FOR CUSTOMER SATISFACTION

COMPANY FUNCTION

QUALITY FACTORS
Product

Sales

Knowledge Brochure detail

Marketing

Mailing frequently Order Delivery time

Distribution

Order Completeness Problem Response Time

After Sales

Time to Resolve Accuracy

Accounts

Problem Response Courtesy

CUSTOMER CARE AND SALES PROCESSES

Service organizations are particularly dependent on levels of customer care, as the people element in the marketing mix reflects. Customer care can play an equally important role, however, in manufacturing, production and other organizations providing goods and services. For customer care programs to be successful they need to span the entire organization. Popular guarantees 100% customer satisfaction and has, over the years, developed a more conscientious approach to individual customers. There is Customer care training provided. Though this may initially be a very lengthy process as the ball starts rolling through all sectors of the organization and costs will grow too, as further investment is required to update and maintain the initiative in the future. To provide an effective customer care services, every employee is highly motivated. There are frequent internal news letters circulated which strengthens the bond throughout the organization. Frequent performance appraisal throughout the organization is conducted to evaluate the employees and provide career developmental opportunities to potential employees. The customer care program at Popular mainly have six main stages, as follows: 1. Objectives setting: For every month, target sales will be fixed by the Sales Manager at the showroom.

2. Current situation analysis: Present industrial trend is observed closely and various promotional offers are introduced to boost sales if there is a chance for a slump in sales. Also, a customer service audit is conducted both internally and externally. Monthly sales targets fixed by the Sales Manager. 3. Strategy development: Develop a strategy for raising levels of both customer service and sales from the current to the desired standard based upon any change in trends and the economic conditions prevailing. Each region is divided into 4 zones. Each zonal level will be under the charge of a supervisor under whom there are four sales executives. It is the duty of these sales executives to generate on field enquiries and to follow up the customers based on the appointment fixed. 4. Functional planning: Define training needs and other requirements such problem-solving sessions or teambuilding exercise to execute the strategy. Daily, a meeting of all the staffs at their respective branch is convened. Here they discuss their daily programs and targets to meet plus they also discuss about their previous days work among the team. They consider the response of all the individual customers met. 5. Implementation: Implement training and other initiatives through workshops, seminars. The prospective customers are segregated and the issues raised by certain customers will also be addressed. Some customers

may not be satisfied with the present offers and price. In such cases efforts will be put up to make maximum adjustments and convert it to sales. 6. Monitoring: Results are tested through customer and employee surveys and evaluation of the training methods is also conducted. The program is improved and updated on a continuous basis.

HANDLING CUSTOMER COMPLAINTS

A complaint is any measure of dissatisfaction with your product or service, even if its unfair, untrue, or painful to hear! Complaints may be about: Service Content, Delivery or Quality Documentation Billing Follow Up Response Time Personnel Communication Requests

This is a customer complaint resolution process that anyone can implement:  Focus on the Customer If you cant immediately solve the problem, respond to the customer and identify an owner who will be responsible for final resolution. Complete the communications loop with customer. If youve referred the complaint to others, make sure theres closure. If youve left the customer hanging without a response, youve become part of the problem.  Focus on the Complaint

Collect all complaints from all external cust omers and categorize them in a way that allows you to analyze data to see trends, patterns, concentrations, tendencies, etc.  Focus on Process Improvement Use the database of complaints to define processes that are important from the customers perspective and to improve the most critical ones. Based on analysis of the database, make appropriate investments to prevent issues that result in customer complaints. If you can think of complaints as useful data for making process improvements in your organization, you will go a long way towards making changes that will differentiate you and make your work life easier, more fun, and more responsive to customer needs.

SIX STEPS TO DEALING WITH DIS-SATISFIED CUSTOMERS

1. Listen carefully to what the customer has to say, and let them finish-

Don't get defensive. The customer is not attacking you personally; he or she has a problem and is upset. Repeat back what you are hearing to show that you have listened.
2. Ask questions in a caring and concerned manner-The more information

you can get from the customer, the better you will understand his or her perspective. Ive learned its easier to ask questions than to jump to conclusions.

3. Put yourself in their shoes-As a business owner, your goal is to solve the

problem, not argue. The customer needs to feel like youre on his or her side and that you empathize with the situation.
4. Apologize without blaming-When a customer senses that you are sincerely

sorry, it usually diffuses the situation. Don't blame another person or department. Just say, "I'm sorry about that.
5. Ask the customer, "What would be an acceptable solution to you?" -

Whether or not the customer knows what a good solution would be, Ive found its best to propose one or more solutions to alleviate his or her pain. Become a partner with the customer in solving the problem.
6. Solve the problem, or find someone who can s olve it quickly!-Research

indicates that customers prefer the person they are speaking with to instantly solve their problem. When complaints are moved up the chain of command, they become more expensive to handle and only add to the customer's frustration.

INDUSTRY PROFILE
AUTOMOBILE INDUSTRY TILL DATE

The automobile industry is one of the biggest industries in the world. Being a major revenue and job generating sector it drives the economies of some of the superpowers of the world. In India the automo bile industry has grown by leaps and bounds since the advent of the liberalization era the automobile industry and especially the two wheeler segment has grown by leaps and bounds. The liberalization has done away with primitive and prohibitive practices of licensing and restricted foreign investment have been done away with. The result of which was the entry of foreign players into the Indian market. The two wheeler segment was largely dominated by Automobile Products of India (API) and Enfield in the 50s. Later on towards the end of the 50s Bajaj Autos began importing Vespa scooters from Italian company Piaggio. In the following decades the automobile industry in India was mainly dominated by scooters with API and later Bajaj dominating the market. There were very few products and choices available as far as motorcycle is concerned and Enfield bullet and Rajdoot dominated the market. The 80s saw the entry of Japanese companies in the Indian market with the opening up of the market to foreign companies. Her o Honda and TVS Suzuki are companies formed in this era of market reform. The market was still predominantly scooter dominated and Bajaj and LML were the leading brands producing the products at that time.

The Japanese companies not only collaborated with Indian companies to produce the already existing products but also brought in new technology as a result of which the ever conquering 100cc bikes which were extremely fuel efficient with 4 stroke engines were launched in India. These proved to be highly successful as they provided a cheap and affordable means of personal transport to all those who could not buy a car. The flourishing middle class took a great liking for these bikes and the bike sales in India began to grow exponentially year on year leading to Hero Honda becoming the leader in the two wheeler industry in India and the largest producer of two wheelers in the world. The post 90s era was the era of liberalization and weakening of restrictive measures. The government went on an overdrive to supp ort the industry and all FDI regulations and licensing was abolished. 100% FDI was allowed in the automobile industry and the excise duty was also considerably reduced to its current level of 12% on two wheelers. All these factors combined with the rising fuel prices, the increasing dispensable incomes of households, easy access to finance, etc. have led to two wheeler industry becoming the backbone of the automobile industry in India. The two wheeler industry in India forms a major chunk of the automobiles produced in India. According to Society of Indian Automobile Manufacturers statistics for the year 2009 2010, two wheelers comprise 76.49% of market share among the vehicles produced in India. The production share of two wheelers is quite similar to the market share. The two wheeler industry comprises around 74% of the total automobiles

produced in India. The SIAM data for the year 2009-10 states that 8,418,626 two wheelers were produced during the year against a total of

11,175,479vehicles produced during the year. India emerged as Asia's fourth largest exporter of automobiles, behind Japan, South Korea and Thailand. Indias automobile sector consists of the passenger cars and utility vehicles, commercial vehicle, two wheelers and tractors segment. The total market size of the auto sector in India is approximately Rs 540 billion and has been growing at around 8 percent per annum for the last few years. Since the last four to five years, the two wheelers segment has driven the overall volume growth on a ccount of the spurt in the sales of motorcycles. However, lately the passenger cars and commercial vehicles segment has also seen a good growth due to high discounts, lower financing rates and a pickup in industrial activity respectively. Major automobile manufacturers in India include Maruti Udyog Ltd., General Motors India, Ford India Ltd., Eicher Motors, Bajaj Auto, Daewoo Motors India, Hero Honda Motors, Hindustan Motors, Hyundai Motor India Ltd., Royal Enfield Motors, TVS Motors and Swaraj Mazda Ltd. With the economy growing at 9% per annum and increasing purchasing power there has been a continuous increase in demand for automobiles. This, along with being the second largest populated country, makes the automobile industry in India a very promising one.

INDIAN TWO WHEELER MARKET

Ever since the old Lambretta scooter was replaced with the flurry of vibrant two wheeler models, Indian two wheeler industry has seen a phenomenal change in the way they perceive the Indian market. Two wheeler manufacturers are now competing in an ever growing consumer market by bringing out new products and features. The country has now grown into the second largest producer of two wheelers in the world. Currently there are around 10 two-wheeler manufacturers in the country, and they are Bajaj, Hero, Hero Honda, Honda, Mahindra/Kinetic, Royal Enfield, Suzuki, TVS, and Yamaha. There have been various reasons behind this growth. Because of poor public transport system, the citizens found convenience in two wheeler s. Added to this is the fact that the average Indian still does not have the purchasing capacity for a more expensive, four wheeler. The story of Mr. Ratan Tata inspired by a family of four

members travelling in Indian roads, not concerned about safety and the evolution of the idea of TATA Nano has been quite famous globally. The Indian two wheeler industries can be divided into motorcycles, scooters and mopeds. The consumer has changed his preference from mopeds to scooters and then to motorcycles. The trends seen in the past few years include females increasingly using two-wheelers for their personal commutation and various two wheeler manufacturers designing vehicles specially to cater to needs of this segment. One of the earliest revolutions in this industry was Kinetics introduction of the

concept of electronic/self-start and automatic gears which made two wheelers comfortable and useable by women, when compared to old Bajaj Chetak advertisements which showed middle aged females riding a Bajaj Chetak scooter. A recent trend in the industry has been electric vehicles, which mostly leverage on their eco-friendliness and low operating costs, but is still not accepted well due to the lack of reputation of the manufacturers and lack of trust on technology, which is still being perceived in the nascent stages, especially battery and inverters which prove to be very expensive components. TVS recently leveraged this opportunity by launching a hybrid model of their non geared scooter TVS Scooty. The end of the last decade saw Bajaj taking a radical decision to do away with the Scooter range and completely concentrate on motorcycles, especially stating change in customer s preference as the main reason. The customers are left without a choice in most cases tha n to migrate from the traditional scooters of the Indian family to the all youthful bikes .

TOP EXPORT DESTINATIONS

The Indian Automobile industry has attained new heights in the last ten years. It has seen the vehicle production growing rapi dly and industry has been making significant contribution to the employment, directly and indirectly, and also to kitty of indirect taxes. Today, all major OEMs are in India and many of them have made India a hub for their small cars and exports.

In December 2006, Government had formulated a ten -year Automotive Mission Plan with an aim to achieve domestic vehicle market of $82-119bn by 2016 and $12bn export of vehicles. It also aimed at making India 7th largest vehicle producing cou ntry in the world by 2016. And, we have already achieved this milestone in 2010, which is good six years ahead of the target.
y In this category, SAARC countries have been one of the key destinations

for Indian exports with three of the SAARC countries, Sri Lanka, Bangladesh and Nepal featuring in the top 6 export destinations for Indian two wheelers segment. However, exports to Sri Lanka, which used to be the largest importer of two wheelers from India in 2006-07, have fallen by almost 20% since 2006-07 to reach a level of $ 63mn of exports in 200910.
y The top most destinations for exports in this segment is Nigeria which

imported two wheelers worth $ 103mn in the year 2009 -10 up from $ 85mn in 2008-09, a growth of 21% approximate. In fact, Nigeria has emerged as one of the fastest growing destination for Indian two wheeler exports over past 4 years. India exported two wheelers worth merely $ 6mn in Nigeria in 2006-07 which has grown by 15 times to reach an export level of $ 103mn in 2009-10. Amongst the top 5 export destinations in this segment, Colombia experienced the highest increase in growth of imports from India

in 2009-10. Exports of two wheelers to Colombia increased by 45% in 2009-10 over 2008-09.

FUTURE PROJECTIONS
y The Indian automobile industry is expected to grow to US$ 40bn by 2015

from the current level of US$ 10bn in 2009. By the year 2016 the industry is expected to contribute 10% of the nations GDP. The industry manufacturers over 11mn vehicles a year employing more than three million people.
y The greatest challenge and competition would be from the Chinese

automobile industry. It has been able to give stiff competition to India i n terms of productivity, cost of manufacturing and technology. Again the present trend of excess manufacturing capability, reduced margins put additional pressure on the industry.
y On the positive side, Indias strength in software sector, combined with

skilled labor and low cost of manufacturing should place it in a favorable position globally.
y Two wheeler industry gains more profit Considering the scenario of traffic

and roads in India, and the rate at which infrastructure is growing in comparison with the market, any fool will prefer to travel in a two wheeler (for regular use, not for picnic or time pass or once in a while trips). For the simple reason that, with a two wheeler, sneaking anywhere is far easier

than a four wheeler. And definitely faster too. And then comes the bigger problem of parking. Two wheelers can be parked anywhere on the road, but thats not the case with a four wheeler. So, the whole point is unless there is some way where these two issues are addressed, I dont think anything significant is going to happen.
y It gives the optimistic view about the industry and the overall industry

shows positive growths which recommend the investors to keep a good watch on the majors players to benefit in terms of returns on their investments.

RECENT TRENDS IN TWO WHEELER SECTOR

y The international trends suggest that the growth of the two -wheeler

markets will continue unabated for some time. In value terms, the BRIC motorcycles market grew by 14.7% between 2006 and 2010 to reach a value of $32.4 billion (Brazil alone growing by 32% pa). By 2013, the market is forecast to have a value of $54.7 billion.
y The global motorcycle demand has been growing at 6 -7% pa and is

estimated to be about 80-85 million units per annum. India has emerged as one of the key players with a domestic market that is nearly about 11% of the global market and growing significantly faster. The high base implies that India and Indian companies are set to enter a stage where

they are likely to be the preferred suppliers for motorcyc les. This is likely to lead to further innovations and efficiency gains.
y Of course, the Indian market is significantly different with the segment

below 150 cc being the dominant segment. This is unlike the developed world, where it is the larger bikes that dominate the market volumes. Indian consumption is also likely to shift significantly toward international trends, but in the foreseeable future, it is the smaller bikes that will remain the mainstay.
y At present as many as 72% of the bikes are in the entr y segment (defined

as 75 to 125 cc), and 27% are in the executive segment (defined as 125 250 cc). Only 1% of the bikes are in the premium segment.
y The premium segment is expected to continue to be a niche segment and

its share is not expected to grow beyond 2-2.5% over the next decade. However, that itself implies that it will be a market of about 200,000 to 250,000 annual units, which is substantial and attractive. (As a comparison, the declining Japanese market currently consumes only about 350,000 motorcycles annually in the above -250 cc category, having fallen sharply over the past few years).

CHAPTER 2 RESEARCH DESIGN

INTRODUCTION
Royal Enfield one of the popular brand and highest selling bike in India and outside India (USA, Europe, Australia etc). Royal Enfield motorcycles had been sold in India from 1949. In 1955, the Indian government looked for a suitable motorcycle for its police and army, for use patrolling the country's border. As far as the motorcycle brand goes, though, it would appear that Royal Enfield is the only motorcycle brand to span three centuries, and still going, with continuous production. Product range has widened and the customer has evolved.

TITLE OF THE STUDY

A Study on Customer Satisfaction towards ROYAL ENFIELD BIKES, Bangalore

STATEMENT OF THE PROBLEM

Customer satisfaction plays a crucial role in enabling an organization to change and develop with customers. Keeping the existing customer contended is generally much easier, takes less time and involves less expense. The reason for this is that it takes more time to find new prospective customer. In this context study is conducted with special reference to customer satisfaction. A company can earn more profits only when it has strong customer care towards product and services offered by the company. So to have strong customer care it has to provide a competitive price further ad vertising to increase.

OBJECTIVES OF THE STUDY

1. To understand the reasons for purchasing Royal Enfield bikes . 2. To know about the experience after purchase relating various parameters (Service, bike performance, mileage etc). 3. To ascertain the barriers to purchasing a Bullet for a prospective customer. 4. To ascertain the factors that affects the choice of a Bullet as a motorcycle for common man. 5. To propose an effective Promotional campaign plan for brand Royal Enfield. 6. To determine the customers satisfaction regarding bikes and after sales service.

SCOPE OF THE STUDY

This study includes Customers response and awareness towards the brand, products and services of Royal Enfield. The results are limited by the sample size 75 numbers and therefore the opinion of only selected customers is taken into consideration. Mainly this study is conducted in Bangalore and the scope is limited.

OPERATIONAL DEFINITIONS
1. Customer- A customer (also known as a client, buyer, or purchaser) is usually used to refer to a current or potential buyer or user of the products of an individual or organization, called the supplier, seller, or vendor. 2. Customer Satisfaction- A business term, is a measure of how products and services supplied by a company meet or surpass custom er expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals." 3. Respondents- A person who replies to something, esp. one supplying information for a survey or questionnaire or responding to an advertisement. 4. Objective- An end that can be reasonably achieved within an expected timeframe and with available resources. 5. Bike- A motor vehicle with two wheels and a strong frame . 6. Buying- To acquire in exchange for money or its equivalent purchase.

RESEARCH METHODOLOGY
The research will be carried out in various phases that constitute an approach of working from whole to part. It includes subsequent phases trying to go deeper into the users psyche and develop a thorough understanding of what a user looks for while buying a bike. The first phase is completely internal where it is stormed over the most effective route of action, considering that Bullet users in Bangalore are more in number. The second phase is with some of the seasoned bikers who have bee n using Bullets for some time now and are generally known and respected amongst the Bullet community. The third phase is with some respondents who will be interviewed with the help of questionnaire keeping in mind the time and cost constraints.

TOOLS OF DATA COLLECTION

The information relevant for study was drawn from Primary data collected through survey method, which alone was not sufficient. Hence Secondary data was collected to study successfully.
y Primary data- In order to find out customer satisfaction regarding bikes

of Royal Enfield Primary Data was collected by personally visiting the dealerships and showrooms. With the help of a well laid questionnaire, I took the feedback from the customers who were coming for the services of their bikes at the dealerships. As well as I contacted some of the customers through telex calling by taking the data about the customers from the customer data register of the dealership. I interviewed them and discussed with the showroom staff as well as with the employees at Royal Enfield which helped me to prepare the research Report.
y Secondary data- The Secondary Data collection involved internet

search, browsing magazines, newspapers and articles and papers related to the two wheeler industry in India. Numerous Journals and books related to the topic were also browsed to understand the dynamics of the industry.

SAMPLE DESIGN
The research was carried out in various phases that constituted an approach of working from whole to part. It included subseq uent phases trying to go deeper into the users psyche and develop a t horough understanding of what the user looks for while buying a bike. In order to get a perspective from non Bullet riders as to what are the reasons for not choosing a Bullet, I adminis tered the same questionnaire to riders who used other motorcycles keeping in mind the time and cost constraints. For the customer satisfaction study a sample of 75 persons was chosen from the in Bangalore city. The sample was judgmental and methodology was convenient random sampling. Size of Sample Sampling technique 75 Convenient Random Sampling method Location from which samples were taken Bangalore city

PLAN OF ANALYSIS
y Raw Primary data has been collected with help of questionnaire. The raw

data has been tabulated with the help of table. From the tables, concept, analysis and inferences are drawn which in turn was used for interpretation. Based on, these charts were prepared to better pictorial understanding of the study.
y From the set of inferences and interpretation, conclusion have been drawn

which is followed by suggestions, keeping the objectives in mind throughout the study.

LIMITATIONS OF THE STUDY

y This research is geographically restricted to Bangalore city only. Hence

the result cannot be extrapolated to other places .

y The study is restricted only to the organized sector of two wheeler

industry.
y Sample size was confined to 75 respondents keeping in view of time and

cost constraints.
y Findings are based on sample survey. The information executed by

respondents may or may not be true because some respondents may not be serious. However all possible has been made to collect the information as authentically as possible.
y All interview questions are undisguised or direct. Hence there is a scop e

for the respondents to be biased or pretentious.

y This project has been taken up at the undergraduate level and the

knowledge and experience of the student is limited and hence may not be professional enough.

OVERVIEW OF CHAPTER SCHEME

Chapter-1 Introduction- Its all about the Introduction part. It mainly consists

of introduction to Marketing with its types, approaches, research and market segmentation. Then comes introduction about Customer Satisfaction with its steps, customer loyalty and conce pts, handling customer complaints, how to deal with dissatisfied customers and objectives of customer satisfaction program. Later about automobile industry till date, Indian two wheeler market and its recent trends.
Chapter-2 Research Design- It consists of the title of the study, statement of

problem, objectives and scope of the study, operational definitions, research methodology, data collection, sample design, plan of analysis and finally the limitations of the study.
Chapter-3 Company Profile- This chapter contains the historical background

of the company Royal Enfield, companys vision and objective, Royal Enfield products, organizational chart and SWOT analysis of Indian two wheeler markets and Royal Enfield.
Chapter-4 Data Analysis and Interpretation- This chapter consists of the

analysis and interpretation from the data collected through questionnaires, tables and graphs representing it.

Chapter-5 Findings and Conclusion - This chapter contains the findings

drawn from the study and final conclusion about the whole project. Also few suggestions are posted.
Chapter-6 Suggestions- This chapter contains some suggestions to the

company.

CHAPTER 3 COMPANY PROFILE

HISTORY OF THE COMPANY

Mid 19th century England The firm of George Townsend & Co. opened its doors in the tiny village of Hunt End, near the Worcestershire town of Redditch. The firm was specialized in sewing needles and machine parts. In the first flush of enterprise, flitting from one opportunity to another, they chanced upon the pedal-cycle trade. Little did they know then that it was t he beginning of the making of a legend. Soon, George Townsend & Co. was manufacturing its own brand of bicycles. And in 1893 its products began to sport the name Enfi eld under the entity Enfield Manufacturing Company Limited with the trademark Made Like a Gun. The marquee was born. INDUSTRY SUCCESSOR FOUNDED DEFUNCT HEADQUARTERS KEY PEOPLE PRODUCTS Motorcycles, Lawnmowers Royal Enfield Motors (formerly Enfield of India) 1893, as Enfield Manufacturing Co. Ltd. 1971 Redditch, Worcestershire, England Founders Albert Eadie and Robert Walker Smith Royal Enfield Clipper, Crusader, Bullet, Interceptor.

Profile of the Organization

Royal Enfield is the makers of the famous Bullet brand in India. Established in 1955, Royal Enfield (India) is among the oldest bike companies. It stems from the British

manufacturer, Royal Enfield at Redditch. Royal Enfield has its headquarters at Chennai in India. Bulle t bikes are famous for their power, stability and rugged looks. It started in India for the Indian Army 350cc bikes were imported in kits from the UK and assembled in Chennai. After a few years, on the insistence of Pandit Jawaharlal Nehru, the company sta rted producing the bikes in India and added the 500cc Bullet to its line. Within no time, Bullet became popular in India. Bullet became known for sheer power, matchless stability, and rugged looks. It looked tailor-made for Indian roads.

Motorcyclists in the country dreamt to drive it. It was particularly a favorite of the Army and Police personnel. In 1990, Royal Enfield ventured into collaboration with the Eicher Group, a leading automotive group in India, in 1990, and merged with it in 1994. Apart from bikes, Eicher Group is involved in the production and sales of Tractors, Commercial Vehicles, and Automotive Gears. Royal Enfield made continuously incorporating new technology and systems in its bikes. In 1996, when the

Government of India imposed stringe nt norms for emission, Royal Enfield was the first motorcycle manufacturer to comply. It was among the few companies in India to obtain the WVTA (Whole Vehicle Type Approval) for meeting the European Community norms. Today, Royal Enfield is considered the oldest motorcycle model in the world still in production and Bullet is the longest production run model.

2010 AWARDS
The New Year saw the dawn of India's most prominent automotive show, the Auto Expo 2010. Held between January 5th and 11th at the Pragati M aidan in New Delhi, the event saw more than 400 global brands showcasing new technology, products and show-off concepts. Royal Enfield was also a part of the event, displaying the recently launched Royal Enfield Classic 500 EFI and the Royal Enfield C lassic 350. The main stays of the Royal Enfield display were the soon to be launched variants of the Classic - the Royal Enfield Classic Chrome and the Royal Enfield Classic Battl e Green. The Expo turned out to be a rather rewarding experience for Royal Enfiel d with the Royal Enfield Classic and the Marketing team picking up as many as five awards.

Awards 2010:

- Apollo Auto India Awards 2010: Best Brand - Zigwheels.com Viewers Choice Bike of the Year 2009 - Zigwheels.com Bike of the Year above 251cc - NDTV Profit Car & Bike Awards 2010: Motorcycle of the Year above 250 cc . - NDTV Profit Car & Bike awards 2010: Best PR Communications Team.

EVOLUTION OF ROYAL ENFIELD

THE BEGINNING (1851 1890)

Hunt End, England was a village of several small mills

manufacturing needles and fish-hooks. It was here in 1851 that George Townsend put up his needle -making mill, which he named Givry Works. But it wasnt until his passing away that his son, George Jr. and his half-brother brought into Givry Works one of the first 'boneshakers' a crude cycle. It had a backbone of i ron, with wooden wheels, iron tires and pedals of triangular pieces of wood! Though the bike was a source of some amusement, George and his team felt th ey could easily improve on it. The earliest modern safety bicycle with two wheels of equal size had appeared in about 1880. All manufacturers were trying their hand at this new venture. So was George Townsend Jr. By luck, he chanced upon an invention in his

neighbourhood a saddle that only used one length of wire in the two springs and in the framework. This was adopted, patented and marketed as the 'Townsend Cyclists Saddle & Spring'. He had entered the bicycle parts trade! From bicycle parts, Townsend slowly moved on to producing bicycles himself. He was also supplying a wide range of parts to other manufacturers - Givry Works was growing rapidly. Over the next three years he developed his own range of over two-dozen machines. Each machine, known locally as the 'Townsend cycle' was reputed for its sturdy frame, a character that all Enfield bikes would follow.

THE COMING INTO BEING (1891 1900)

1891 A Little Trouble-Townsend got himself into a

bit of financial trouble in about 1890 and called in some financiers from Birmingham.

Unfortunately, they didnt quite see eye to eye. So Townsend parted ways with the financiers leaving the company to them. The financiers then brought in Albert Eadie and R.W. Smith. They took control of Townsends in November 1891. The following year the firm was re -christened The Eadie Manufacturing Company Limited. Soon after, Albert Eadie got a lucrative

contract to supply precision rifle p arts to the Royal Small Arms Factory in Enfield, Middlesex.

1892 Kick Starting Royal Enfield-A new company was

created to market these new design bicycles called The Enfield Manufacturing Company Limited. By October 1892, the Enfield bikes were announced to the public. The following year the word Royal (after the Royal Small Arms Company) was added and thus Royal Enfield began. Then in 1893 the Royal Enfield trademark Made like a Gun appeared. Britain was caught up in a patriotic fervor and the slogan caught the spirit of the time. In 1899 the first mechanical vehicle was advertised by Enfield Cycle Company. It was available in both tricycle and quadric cycle form, powered by a De Dion 1.5 hp e ngine. The high wheels, solid tires, block chains and heavy cross frames had by then given way to Diamond frames, the Hyde Freewheel, Enfield 2 speed hub and the well known Eadie Coas ter. Then came the Riche Model with more refined fittings. By 1907, the cycle industry was still headquartered at Redditch, producing run-of-the-mill conventional cycles .

1897-Quadricycles

In 1897, R. W. Smith built himself a quadric cycle a simple bike with four wheels and a French engine placed under the saddle between the rear wheels. During the next two years several developments were made. About then, an Enfield quadric cycle completed the 1,000-miles road trial of 1900 organized by the Automobile Club of Great Britain and Ireland. The Enfield vehicle was awarded the silver medal, although it had its share of troubles and breakdowns.
MOTORCYCLES (1900 - 1910)
1904-Four Wheelers and Three

Buoyed by success, Smith and Eadie decided to extend the range of quadric cycles and tricycles to include motorcars. The first Royal Enfield cars were built in 1901 and were on the road in 1902. It was an 8hp, using a DE Dion engine. The body was made in L eicester and painted yellow hence car was known as The Yellow Car. But this was just a temporary phase, a wild romance that was soon to die.

1909-Motorcycle Craze

It would be interesting to note here that motorcycling was thought to be a temporary enthusiasm that would soon fade out! A brief spin on a motorbike then took several hours of preparations - tuning the tiny water-cooled engine, getting the tires pumped, the gears oiled and a supply of spare parts packed. In 1909, Royal Enfield took the biking world by surprise. At the motorcycle show that year, they displayed a small 2 1/4 hp V twin-engine machine built in the Swiss tradition, which ran very well. A slightly larger model was developed in 1911. A 2 3/4 hp, with all chain drive incorporating the well -known Enfield two-speed gear. This model stood up until 1914.
THE ROYAL ENFIELD BIKES (1911 - 1920)
1911-Enfield and the War

The First World War began in 1914. Royal Enfield was called on to supply motorcycles to the British War Department and even awarded a contract to build bikes for the Imperial Russian Government during the same period. The machine gun combination and the 6h p stretcher-carrying outfit were some of the models produced for the war purpose. Enfield started using its own engines - a 225cc two-stroke single and a 425cc V-twin about this time. Postwar, it produced a larger 976cc twin and continued to produce the t wo-speed 225L until 1929. In 1917, the officers of the Womens Police Force were issued with a 2 1/4RE 2 stroke. Interestingly, the models of this period featured 600cc, inlet-over-exhaust, closed valve gear, hand-operated oil pump, two-speed

countershaft gearbox and chain final drive. In the 1913-1914 Enfield V-Twin the lubricating oil was contained in a glass tank attached to the frame tube that ran from the seat to the rear of the engine. This worked perfectly and had the added advantage of providing an instant visual check of oil levels. The 1915 make 675cc in-line 3-cylinder 2-stroke prototype was the worlds first with this configuration and engine type. THE INTERWAR YEARS (1921 - 1930)
1924 The First Four-stroke-The interwar year was

a period when the sidecar reached its zenith. In July 1925, the Royal Enfield V-Twin-engine Dairymans Outfit took part in the ACU Six Days Trial for Commercial Sidecars and obtained a Special Certificate of Merit for completing an arduous course without loss of marks. The year 1924 saw the launch of the first Enfield four stroke 350cc single using a JAP engine.

1928-The Depression

In 1928, Royal Enfield adopted saddle tanks and center-spring girder front forks one of the first companies to do so. The bikes now with a modern appearance and comprehensive range meant

continuous sales even during the dark days of depression in Great Britain

towards the end of 1930. In 1927 Royal Enfield produced a 488cc with a fo urspeed gearbox, a new 225cc side -valve bike in 1928, and a four -stroke single in 1931. Several machines were produced in the next decade, from a tiny two stroke 146cc Cycar to an 1140cc V-twin in 1937. Can you even imagine that Royal Enfields range for 1930 consisted of 13 models!
ESTABLISHING BULLET (1931 - 1940)
1933 The Bullet Arrives-In 1931 a four-valve, single-

cylinder was introduced, and christened 'Bullet' in 1932. It had an inclined engine and an exposed valve gear. It was then that the first use was made of the now famous Bullet name. Longer stroke, four -valve head exposed valves and heavily finned crank case were the features that ran from 1932 until the end of 1934.

1940 The Second World War-The most well known

offering for the Second World War was no doubt the Flying Flea. Also known as the Airborne, this lightweight 125cc bike was capable of being dropped by parachute with airborne troupes. The Flea was fitted into a steel tubular cage called the Bird Cage, which had a parachute att ached to it. The cage aided in packing turning handlebars easily.
POST WAR BULLETS (1941 - 1950)

1948 Bigger and Better-The 1939 Bullet 350 kick-

started the post-war models. They used two rocker boxes for the first time. This enabled better gas flow and consequently higher

volumetric efficiency. Royal Enfields own designed and manufactured telescopic front fork placed the Redditch marquee at the very forefront of motorcycle design. The biggest advancement introduced by the new Bullet was its swinging arm rear suspension system and hydraulic damper units themselves. In 1947 Enfield made a J2 - the first model with a telescopic front end, followed in 1948 by a 500cc twin (Enfield's 25bhp answer to the Triumph Speed Twin), which stayed in production until 1958.
1949 The Indian Debut-In 1949, the 350cc Bullet

was launched in India, when Madras Motors won an order from the Indian Army for the supply of motorcycles. It was the beginning of the reign of the Bullet in the subcontinent. The Madras Motor Company started off by receiving the Bullet in kits and simply assembling them. Then they began making the frames. After this Enfield started sending the engine in parts to be assembled in India. Eventually they were also manufacturing the engines, which meant that they were making the complete bike. For the next thirty years, the design of t heir bike remained unchanged! In

1950, several models were introduced: the 650cc Meteor twin; a 250cc Clipper; a short stroke 250cc Crusader; 250cc Trials; Super 5; Continental; 500 Sports Twin; Super Meteor; Constellation and the Interceptor.
A TALE OF TWO CITIES (1951 - 1960)
UKNever

1951-In

the

before

in

British

automobile history had so much been done in a single decade, not just by Royal Enfield, but the every other marquee of the time. All new engines, all new configurations, new paint schemes, new capacity classes the motorcyclist had never had such a wide choice ever before. The 1950s saw the market open up both ways, downwards for smaller capacity, light and maneuverable machines, and upwards for larger capacity, high powered and reliable motorcycles. The Royal Enfield showrooms in t he UK saw everything from 125cc two strokes to the mighty700cc Meteor.
1955-Meanwhile in MadrasThe Indian Army, the sole

reason why the Bullet was brought to India in the first place, insisted that they would continue doing business with Madras Motors only if the Bullet was produced indigenously. The Enfield India Bullet of the late fifties was quite a different motorcycle from the one we are used to today. Using the famed Lucas Magdyno ignition system, the 1955

Bullet was almost a clone of the 52 Reddi tch Bullet. The frame, electric tin ware and rolling chassis, however, were to undergo many changes over the next ten years, with the Bullet slowly evolving into the familiar form we know and love today.
A TALE OF TWO CITIES. NO THREE! (1961 - 1970)
1961-Back in the UKIn 1960,

the badge

arrangement with Indian (Of America) had ended, so Enfield was no longer sold under the Indian marquee (Royal Enfield rival, British AMC company, acquired the Indian Sales Corp. in 1959). However, in 1961, Eddie Mulder w on the Big Bear Enduro on an Enfield, which gave the company a new foothold in the U.S. under its own name and started a new marketing of the product. Models available in the U.S. that year included a 700cc twin and six street scramblers, ranging from the 250cc Hornet to the 500cc Fury (essentially the single -cylinder Bullet) to the 700cc Interceptor. Elliot Shulz also dominated the half -mile dirt track in Los Angeles on an Enfield that year. Enfield won 31 out of 39 races in 1961 and had several spectacular victories in 1964.Royal Enfield had arrived on The Continent! But things at Redditch had hit a bad patch.
1963-But back home in MadrasBy

1970,

Enfield India was a company established in its own right, and with a production line going full steam, the need for collaboration with Enfield of the UK and Villiers of the UK was no longer seen. But the Bullet flew true and strong. A number of changes had already been made to the tin ware on the Bullet. Mudgaurd design took on different forms, taking into ac count the wet, slushy and messy road conditions during the Indian monsoon. The Magdyno also gave way to the alternator Delco ignition system. And front and rear hubs were designed to provide more efficient cooling for Indian conditions, and thus improve braking performance.

ALL THAT ENFIELD'S ISN'T A BULLET (1971 - 1980)

1973 The Mini Bullet-With the success of the

Sherpa, Enfield India launched the 173cc Villiers-powered Crusader in India in 1973. A totally indigenous effort, this small motorcycle used many Bullet chassis parts, including fork legs and mudguards, and instantly found a market among the many that wanted a Bullet, but were diffident about handling its weight and size. The Mini Bullet too was introduced this year. This motorcycle was a 200 cc two stroke sporting contemporary design. Enfield India attempted to reach out to the young market, providing them with a zippy, reliable and economical two -stroke.

TOUGH TIMES AHEAD (1981 - 1990)

1983 Here comes the Lightweights-Like the adage

that goes, "when the going got tough, that's when the tough get going". Enfield India got squarely into the fray with a slew of lightweight machines. The 50cc Silver Plus stepthrough and Explorer motorcycle are launched. Powered by the Zundapp engineered 50cc, 6.5hp two stroke motors, these bikes redefined the entry -level segment. The Silver Plus, initially a two -speed and then later a three speed, found a ready market not only among the young office going male, but among an increasing number of women who found the step-through design convenient. The Explorer, with its contemporary bikini fairing and 'fastback' tailpiece. Both bikes sported alloy wheels, a first in India. Close on the heels of the little wonders came the Fury 175. Powered by a 175 Zundapp two-stroke engine with a five-speed gearbox, this refreshingly quick motorcycle came fitted with a hydraulic disc brake. Again a first in the country. And a bike , many feel, much too early in INDIA.
1984 Brand New Vintages-The 80s also saw the

Bullet in many different avatars. The Deluxe models appeared, in resplendent chrome and metallic colors, and 12 volt electrical were offered as an option, to aid in brighter lighting and easier starting. It was also the year

when Enfield India grew confident enough a bout their flagship product to begin sending 'coals back to Newcastle'. Owing to their status as 'brand new vintages', Enfield Bullets found a strong niche market in the UK and Europe, among people looking to come back to motorcycling .
ENFIELD BECOMES ROYAL ENFIELD (1991 - 2000)
1990 Heavy Fuel-The 1990's saw many revolutionary models from the company.

The Taurus Diesel was the first production Diesel motorcycle in the world.

1993 Bullet 500 -The Bullet 500 was launched in

June this year. It went on to become the most coveted model.

1994 Eicher acquires Enfield-In March the ailing

company got a new lease of life when Eicher group acquired Enfield India Company. The company name changed to Royal Enfield Motors Limited.
ROYAL ENFIELD (2001 - 2010)
2001 -The Dare Devils, the motorcycle display team of the Corps of Signals,

Jabalpur forms a Human Pyramid of 201 men on 1 0 Enfield 350cc bikes and rides a distance of more than 200 meters.

2002- Indias first Cruiser The

THUNDERBIRD- is launched.BBC Wheels awards it The Best Cruiser 2002 title. The Bullet Machismo enters commercial production. Dan Holmes and Johnny Szoldrak won the National Road Race Championship (60s Class) on a Bullet.
2003

The first RIDER MANIA gets together is held in Goa. REDS are formed in Pune. The Bullet enters the Automotive Hall of Pride at the ICICI Overdrive awards. 1000 Riders descend on Redditch for the Royal Enfield Owners Club 25th Anniversary. Royal Enfield is one of the top ten 125-500 cc brands in UK.

2004-The 2004 Bullet Electra is launched.

The retro styled Bullet Machismo is rated No.1Cruiser in TNS Auto car survey.The Bullet Electra International with a lean -burn engine is launched in the UK. 34 men ride simultaneously on a Bullet, setting a new wo rld record.

2005

Royal Enfield India Celebrates 50 glorious years of motorcycling and unvei ls a blueprint for the future. The 2005 Bullet Electra features a revolutionary 5 -Speed left side gear shift that makes the marquee more accessible to motorcyclists. The Legend rides on
2006

Royal Enfield develops a fully integrated Twin Spark, 5 -Speed engine that delivers a dramatic increase in performance and efficiency. The new engine will power all domestic and International models from 2007 onwards.

2007

Royal Enfield launches the all new limited edition Machismo 500LB with customized accessories.

The

legendary

Bullet

350

needs

no

introduction. Now Bullet 350 is with all new UCE engine. This classic machine has kept place with advances in engineering and ergonomics without diluting its impeccable pedigree.

A long wheel base and bigger tires provide increased stability and road grip,

making it ideal for long distance travel.Its aristocratic black & gold livery and thumping engine beat remind passers-by that they are in the presence of automotive royalty.
2008

The Thunderbird Twins Park will be the first model to feature Royal Enfields revolutionary Unit Construction Engine. All the well loved features of the Thunderbird have been retained and enhanced in some cases. Also, the twin benefit of improved performance and engine efficiency makes this motorcycle hard to beat in terms of pure riding pleasure and visual delight. The evolutionary mix of old and new features in this motorcycle will surely delight its owners.
2009

The smaller twin of the Classic 500, the Classic 350 will hold its own against any other motorcycle and then pull some more. The Classic 350 shares its

power plant with the Legendary Thunderbird. The torque to flatten mountains and the fuel efficiency to cross entire ranges comes in the same understated yet charming styling. This is a motorcycle that does not need to shout to be heard. Born of a rich heritage and bred with Royal Elegance this 350cc thumper has all the qualities of a typical Royal Enfield. Appreciated then, appreciated now... Why ride a lesser bike. Nothing more to be said.

The Classic 500 comes to India. Armed with a potent fuel injected 500cc engine and clothed in a disarmingly appealing post war styling, this promises to be the most coveted Royal Enfield in history. For those who want it all. The power, the fuel efficiency, the reliability and simple, yet drop dead gorgeous classic styling. The classic turns heads not because it wants to but because it cant help it. You will appreciate the beat not just for the music it creates but also for the muted feeling of strength and power that it signifies. The view is simply better when you are astride a Royal Enfield Classic 500 whether moving or still. Nothing more to be said.

Army's

stunt

riders

break

record-

ARMY PERSONNEL IN BANGALORE SET RECORD OF CARRYING 48 PERSONS ON ONE BIKE Indian Army

personnel broke a world record by being the only team in the world to cross a staggering distance of 1000 meters carrying 48 persons on a single moving 500 cc Royal Enfield motorcycle. 'Tornadoes', the motorcycle display team of Army Service Corps today broke two world records by being the only team to achieve a staggering distance of 1100 meters with 54 persons on a single bike. They broke the record of Corps of Military Police who carried 48 persons on a single moving 500 C C motorcycle here recently. The team while exhibiting extraordinary skill, courage, endurance and mental strength, entered the annals of record books by performing th is breathtaking feat on a 500 CC Royal Enfield motorcycle at the Runway of Air Force Station Yelahanka in the presence of a large number of military and civil dignitaries. The 'Tornadoes' was raised in 1982 after having given a stupendous display of daredevilry in the 1982 Asian Games. "Since then the men of the Tornadoes Team by their sheer grit, determination and spirit of adventure have created a niche for themselves by rewriting various records," the release said. The team at one point of time had achie ved the distinction of holding seven world and national records of varying degrees of complexity and fortitude, it said.

ORGANISATIONAL STRUCTURE
GENERAL MANAGER
(Proprietor)

Sales Manager

Service Manager

Service Manager

Showroom In charge charge Team Manager

Service Supervisor

Accountant

Service Staffs

Assistant Accountant

Sales Representative

SWOT ANALYSIS
MAJOR PLAYERS IN INDIAN TWO WHEELER MARKET

GROUP A

PLAYERS Bajaj, Hero Honda

ATTRIBUTES Highly diversified Aggressive promotion

COMPETITIVE FORCES - High buyer power - High competitive rivalry - High entry barriers

TVS

Selectively diversified Aggressive Promotion

- Low entry barriers - Narrow product lines imply that aggressive promotions can eat into market share -High threat of substitution (Rs 1 lakh car) - Low entry barriers - Low buyer power, high brand loyalty - Product diversification will imply risk of brand dilution

Honda, Yamaha

Selectively diversified Moderate Promotion

Royal Enfield

Highly specialized Low Promotion

SWOT ANALYSIS OF THE TWO WHEELER INDUSTRY

STRENGTHS
y y y y y y y y y

WEAKNESSES
y Extremely price sensitive y Short PLC y High R and D costs

Established brands Strong Brand Name Fuel efficient Style statement Convenient in heavy traffic Cheap and affordable Easy and cheap finance availability Patents Good reputation among customers

OPPURTUNITIES
y y y y

THREATS
y The Rs.1 Lakh car y Cut throat competition y Increasing number of players in the market y Rising raw material costs y Increasing rates of interest on finance

Growing premium segment Increasing dispensable income Environmental concerns Exports increasing segment dominated by limited players.

y Very strong demand in the 100cc.

SWOT ANALYSIS FOR ROYAL ENFIELD, INDIA

STRENGTHS
y y y y y y y y

WEAKNESSSES
y Small showrooms y Not much emphasis on aggressive selling y Weak product diversity

Size and scale of parent company Effective Advertising Capability Committed and dedicated staff High emphasis on R and D Experience in the market Established brand Established market channel Power, Speed & Acceleration

OPPURTUNITIES
y Growing premium segment y Global expansion into the Caribbean & Central America y Expansion of target market (include women) y Increasing dispensable income y 1st mover advantage

THREATS
y Cut throat competition y Increasing number of players in the market y Rising raw material costs y Increasing rates of interest on finance

CHAPTER 4

DATA ANALYSIS AND INTERPRETATION

TABLE No.1 TABLE SHOWING-THE PROFILE OF THE RESPONDENTS BASED ON AGE

AGE 20-24 25-29 30-34 Above 35 TOTAL

NO. OF RESPONDENTS 30 19 14 12 75

PERCENTAGE 40% 26% 18% 16% 100%

Analysis
From the above table it is clear that 40% of the respondents are aged between 20 and 24, 26% between 25 and 29, 18% between 30 and 34 and only 16% aged above 35 years.

Interpretation
It is revealed that majority of respondents are between 20 and 29 years. From this we can conclude younger generation and middle age are more interested in Royal Enfield may be because this is the age where they start earning.

GRAP

.1

GRAP S G-THE PROF E OF THE RESPONDENTS BASED ON AGE

16%

18%

40%

20-24 26% 25-29 30-34

Above 35

TABLE No.2 TABLE SHOWING-THE PROFILE OF THE RESPONDENTS BASED ON GENDER

GENDER MALE FEMALE TOTAL

NO. OF RESPONDENTS 69 6 75

PERCENTAGE 92% 8% 100%

Analysis
From the above table it is clear that 92% of respondents were male and female respondents constituted just 8% of total responses.

Interpretation
It is clear that most of the users of Royal Enfield are males mostly because of the manly look of the bikes.

GRAPH No.2 GRAPH SHOWING-THE PROFILE OF THE RESPONDENTS BASED ON GENDER

Male
92%

Female

TABLE No.3 TABLE SHOWING-THE OCCUPATION OF RESPONDENTS

OCCUPATION STUDENT GOVERNMENT SERVICE EX-SERVICEMEN PROFESSIONAL SELF-EMPLOYED TOTAL

NO.OF RESPONDENTS 33 5 3 21 13 75

PERCENTAGE 44% 6% 4% 28% 18% 100%

Analysis
From the above table it is clear that 44% of the respondents were students pursuing their graduation or post graduation studies and 28% were professionals. 18% of the respondents were self employed, 4% were ex serviceman and 6% belonged to government services.

Interpretation
It is clear that users are mostly Professional males, 20-35 years of age including some students because of the looks and power of the bike.

GRAPH No.3 GRAPH SHOWING-THE OCCUPATION OF RESPONDENTS

45% 40%

5% 0%
25% 20%

5% 0%
5% 0%

No. of Respondents

Student No. of Respondents 44%

Govt service 6%

Ex-servicemen 4%

Proffesional 2%

Self-employed

TABLE No.4 TABLE SHOWING-THE ANNUAL INCOME GROUP OF RESPONDENTS

INCOME GROUP LESS THAN 1,20,000 1,20,001-3,60,000 3,60,001-7,20,000 ABOVE 7,20,000 TOTAL

NO. OF RESPONDENTS 39 10 14 12 75

PERCENTAGE 52% 14% 18% 16% 100%

Analysis
From the above table it is clear that 52% of the respondents had an annual income of lesser than 1,20,000, 18% had income between 3,60,001 and 7,20,000, 16% earned more than 7,20,000 per annum and 14% had income between 120001 to 3,60,000.

Interpretation
It shows that Royal Enfield is placing their products in the appropriate and reasonable price range and the people of income bracket less than 1,20,000 can easily afford this Bike.

GRAPH No.4 GRAPH SHOWING-THE ANNUAL INCOME GROUP OF RESPONDENTS

6%

52%

4%
Less than ,20,000

,20,00-3,60,000
3,60,00-7,20,000 Abe 7,20,000

TABLE No.5 TABLE SHOWING-THE MODEL OF THE ROYAL ENFIELD THE RESPONDENTS PRESENTLY OWN
MODEL BULLET 500 THUNDER BIRD BULLET ELECTRA MACHISMO 500 BULLET 350 CLASSIC 500/350 OTHERS TOTAL NO. OF RESPONDENTS 11 7 15 6 16 17 3 75 PERCENTAGE 14% 10% 20% 8% 21% 23% 4% 100%

Analysis
From the above it is clear that 14% of the respondents own Bullet 500, 10% of them own Thunder Bird, 20% of them own Bullet Electra, 8% of them own Machismo 500, 21% of them own Bullet 350 and 23% of them own Classic 500/350.

Interpretation
It clearly shows that customers are not attracted to only one particular model due to the variants available and because the Classic 500/350 are the newly released models they are fast moving now.

GRAPH No.5 GRAPH SHOWING-THE MODEL OF THE ROYAL ENFIELD THE RESPONDENTS PRESENTLY OWN

 6 4 2 0 
6
4 Bullet 500 Thunder Bird

2
0 No. of Respondents

Bullet Electra

Machismo 500 Bullet 350 Classic 500/350

Others

TABLE No.6 TABLE SHOWING- THE PURCHASING WAY OF THE CUSTOMERS

PURCHASED BY CASH LOAN TOTAL

NO. OF RESPONDENTS 54 21 75

PERCENTAGE 72% 28% 100%

Analysis
From the table it clearly shows that the products of Royal Enfield are in the acceptable price range, as we can see that purchasing way of the 72% respondents are leading in the CASH sector and 28% on loan basis. Customers are ready to pay for better facilities and technology and they feel that all bikes deserves that price which Royal Enfield is offering.

Interpretation
It is clear that customers are easily affording the price of Royal Enfield bikes and they are not feeling much problem with the amount.

GRAPH No.6 GRAPH SHOWING- THE PURCHASING WAY OF THE CUSTOMERS

60

50

40

30

20

0

0 No.of Respondents CASH 54 LOAN 2

TABLE No.7 TABLE SHOWING- THE NO OF RESPONDENTS CONSIDERING OTHER MOTORCYCLE WHILE PURCHASING ROYAL ENFIELD BIKE

YES/NO YES NO TOTAL

NO. OF RESPONDENTS 27 48 75

PERCENTAGE 36% 64% 100%

Analysis
From the table it clearly shows that 36% of the respondents did go consider or checked for an alternative motorcycle and 64% of them did not consider any other motorcycle while purchasing their Royal Enfield bike.

Interpretation
It is clear that majority of the customers directly chose Royal Enfield as their bike and dint even have a look at the nearest alternative bike and this shows the loyalty of the customers towards the brand Royal Enfield.

GRAPH No. GRAPH SHOWING- THE NO OF RESPONDENTS CONSIDERING OTHER MOTORCYCLE WHILE PURCHASING ROYAL ENFIELD BIKE

4%
70%
3%

0%
50%
40%

30% 20%

0%
0%

YES NO

No. of Respondents

TABLE No.8 TABLE SHOWING- THE SOURCE OF AWARENESS FOR CUSTOMERS WHILE BUYING THEIR ROYAL ENFIELD BIKE

MEDIA NEWSPAPERS MAGAZINES FRIENDS ROADSHOW TV ADDS WEBSITE/BLOGS SHOWROOM TOTAL

NO. OF RESPONDENTS 6 24 11 7 5 15 7 75

PERCENTAGE 8% 32% 14% 10% 6% 20% 10% 100%

Analysis
As we can see here the major promotional tool which is influencing the customers is Magazines and Website which is around 32% and 20% respectively, after that the source of awareness among customers is a mixed response where in 14% from friends, 10% each from road shows and showroom, finally newspapers consists 8% and 6% from Television adds which is very poor.

Interpretation
It clearly shows that Advertisements are rarely recalled and are highly ineffective amongst non-Bullet riders. Its clear that Royal Enfield should concentrate on its advertising campaign to reach the customers.

GRAPH No.8 GRAPH SHOWING- THE SOURCE OF AWARENESS FOR CUSTOMERS WHILE BUYING THEIR ROYAL ENFIELD BIKE

35%

30% 25%
2%

5%

%
5%

%

newspaper magazines
Respondents

friends and roadshow relations

tv adds
6%

website
20%

showroom

!%

32%

4%

0%

0%

TABLE No.9 TABLE SHOWING- THE MILEAGE OF ROYAL ENFIELD AFTER PURCHASE OF BIKE

MILEAGE 45km/lit & Above 40-45 35-40 30-35 Below 30 TOTAL

NO. OF RESPONDENTS 5 16 26 18 10 75

PERCENTAGE 6% 22% 34% 24% 14% 100%

Analysis
From the above table it is clear that 56% of respondents gain mileage of 3545km/lit which is really good, 24% of them between 30 -35km/lit, 14% below 30km/lit and 6% above 45km/lit.

Interpretation
It clearly shows that mileage of the Royal Enfield bikes is economical & mileage between 35 and 40 that too on Indian roads with heavy traffic is a great deal.

GRAPH No.9 GRAPH SHOWING-THE MILEAGE OF ROYAL ENFIELD AFTER PURCHASE OF BIKE

30

25

20

15

10

0 45km/lt No. of Respondents 40-45 3 5 -4 0 30-35

Bel"w 30

1#

$#

18

10

TABLE No.10 TABLE SHOWING- THE BREAKDOWN OF BIKES SINCE PURCHASE OF VEHICLE

FREQUENCY OF BREAKDOWN VERY OFTEN RARELY NOT AT ALL TOTAL

NO. OF RESPONDENTS 8 19 48 75

PERCENTAGE 10% 26% 64% 100%

Analysis
From the above table it is clear that 64% of the respondents say that there is no problems or breakdown of their bikes after purchase, 26% say rarely their bikes get repaired and 10% of respondents say their bikes breakdown very often.

Interpretation
It is clear that most of the Royal Enfield bikes doesnt breakdown at all and it is not problematic and not involved into repair always.

GRAPH No.10 GRAPH SHOWING- THE BREAKDOWN OF BIKES SINCE PURCHASE OF VEHICLE

10

26&

64

Ve 'y ofte (

)01e 2y
N ot at all

TABLE No.11 TABLE SHOWING- THE PLACE OF PURCHASE OF ROYAL ENFIELD BIKES & THEIR SATISFACTION LEVEL TOWARDS IT

PLACE OF PURCHASE SHOWROOM DIRECT SECOND HAND USED VEHICLES DEALERSHIP TOTAL RESPONSE FOR SATISFACTION YES NO TOTAL

NO. OF RESPONDENTS 48 22 5 75 NO. OF RESPONDENTS 57 18 75

PERCENTAGE 64% 30% 6% 100% PERCENTAGE 76% 24% 100%

Analysis
64% of the Bullet riders prefer to buy their bike from showroom only and 30% may buy it Second hand dircetly. But none of them buys the bike through brokers which shows that reliability of an outside party is low while making the purchase decision among the Bullet riders.Also 76% of respondents are very much satisfied with the place of purchase of their bike and 24% are n ot at all satisfied.

Interpretation
It is clear that most of the respondents prefer to buy their bike brand new from showroom only and majority of the customers are very much satisfied with the place of purchase of their Royal Enfield bike. This also shows there is more demand for new bikes.

GRAPH No.11 GRAPH SHOWING- THE PLACE OF PURCHASE OF ROYAL ENFIELD BIKES AND THEIR SATISFACTION RESPONSE TOWARDS IT

43
50 45 40 35 30 25 20 15 10 5 0

No. pf Respondents

22

Showroom

Direct second hand

Used vehicles dealership

Point of satisfaction
24%

Satisfied Not Satisfied

76%

TABLE No.12 TABLE SHOWING- THE AVAILABILITY OF SPARE PARTS IN THE MARKET

AVAILABILITY READILY AVAILABLE DONT GET THEM READILY DONT HAVE GOOD SPARES SUPPLY MAJOR HEADACHE TOTAL

NO.OF RESPONDENTS 51 8 12

PERCENTAGE 68% 10% 16%

4 75

6% 100%

Analysis
From the above it is clear that 68% of the respondents are satisfied with the availability of spare parts and remaining 32% of respondents are discontent with the availability of spare parts.

Interpretation
It is clear that majority of the respondents are satisfied with spare parts availability and we can say that Royal Enfield has good distribu tion channel for spare parts in the city.

GRAPH No.12 GRAPH SHOWING- THE AVAILABILITY OF SPARE PARTS IN THE MARKET

16 6

10 6

64

7eadil y Availabl e 8on't get the 9 readil y @on't ha ve good s Aares s BAAl y Cajor h e ada c h e

TABLE No.13 TABLE SHOWING - THE MAJOR PROBLEMS AFTER PURCHASING ROYAL ENFIELD BIKE
PROBLEMS HIGH MAINTENANCE POOR AFTER SALES SERVICE HIGH PRICE LOW MILEAGE NOISY VEHICLE NO PROBLEM TOTAL NO. OF RESPONDENTS 11 7 15 8 3 31 75 PERCENTAGE 14% 10% 20% 10% 4% 42% 100%

Analysis
Maximum number of people (42%) described that there is no problem with the bike after purchase, 20% had an issue with the price range, third biggest problem was 14% of them felt high maintenance was required for the bike, only 4% of them felt it was noisy vehicle and while 10% of respondents each refrained because of the low mileage and the poor after sa les service of Bullet.

Interpretation
It is clear that majority of the people who choose Royal Enfield as their bike dont have any problems or issues with their bikes performance .

GRAPH No.13 GRAPH SHOWING-THE MA OR PROBLEMS AFTER PURCHASING ROYAL ENFIELD BIKE

14%

10% 42%

20%

High maintainance Poor after sales service High Price

4% 10%

Low mileage Noisy vehicle

TABLE NO.14 TABLE SHOWING- THE RATING BY THE RESPONDENTS FOR THEIR SATISFACTION LEVEL WITH RESPECT TO POWER AND PICK UP

RATING POOR AVERAGE GOOD EXCELLENT TOTAL

NO. OF RESPONDENTS 4 8 20 43 75

PERCENTAGE 6% 10% 26% 58% 100%

Analysis
From the above table it is clear that 6% of the respondents rated very poor and they were not at all satisfied, 10% of them rated average, 26% of them rated good and maximum number of respondents i.e. 58% rated excellent and these respondents were very much satisfied with their bikes power and pick up.

Interpretation
It is clear that majority of the respondents are satisfied with their bikes power and pick up. This shows Royal Enfield has an excellent satisfac tion level within the customer.

GRAPH No.14 GRAPH SHOWING- THE RATING BY THE RESPONDENTS FOR THEIR SATISFACTION LEVEL WITH RESPECT TO POWER AND PICK UP

45

40 35
30 Excellent 25 20 15 Good

Average
10

5 0 No. of Respondents
No. of Respondents Poor 4

Poor

Average
Good

D
20

Excellent

43

TABLE No.15 TABLE SHOWING-THE RATING BY THE RESPONDENTS FOR THEIR SATISFACTION LEVEL WITH RESPECT TO COMFORT AND SAFETY

RATING POOR AVERAGE GOOD EXCELLENT TOTAL

NO. OF RESPONDENTS 7 12 24 32 75

PERCENTAGE 9% 16% 32% 43% 100%

Analysis
From the above table it is clear that 9% of the respondents rated very poor and they were not at all satisfied, 16% of them rated average, 32% of them rated good and maximum number of respondents i.e. 43% rated excellent and these respondents were very much satisfied wit h their bikes comfort and safety.

Interpretation
It is clear that majority of the respondents are satisfied with their bikes comfort and safety. This shows Royal Enfield has an excellent satisfaction level within the customers.

GRAPH No.15 GRAPH SHOWING-THE RATING BY THE RESPONDENTS FOR THEIR SATISFACTION LEVEL WITH RESPECT TO COMFORT AND SAFETY

9%

16%

43%

Poor
Average

32%

Good

Exellent

TABLE No.16 TABLE SHOWING- THE RATING BY THE RESPONDENTS FOR THEIR SATISFACTION LEVEL WITH RESPECT TO AFTER SALES SERVICE

RATING POOR AVERAGE GOOD EXCELLENT TOTAL

NO. OF RESPONDENTS 11 13 27 24 75

PERCENTAGE 14% 18% 36% 32% 100%

Analysis
From the above table it is clear that 14% of the respondents rated very poor and they were not at all satisfied, 18% of them rated average, 36 % of them rated good and maximum number of respondents i.e. 32% rated excellent and these respondents were very much satisfied wit h the after sales service.

Interpretation
It is clear that majority of the respondents are satisfied with their after sales service and few respondents are not at all satisfied. This shows Royal Enfield has a good satisfaction level within the customers.

GRAPH No.16 GRAPH SHOWING- THE RATING BY THE RESPONDENTS FOR THEIR SATISFACTION LEVEL WITH RESPECT TO AFTER SALES SERVICE

30

27 24

25

20
13 15

11

10

0
Poor Average Good Excellent

No. of Respondents

TABLE No.17 TABLE SHOWING- THE RESPONDENTS OPINION OF THE MAJOR BARRIER FOR NOT PURCHASING ROYAL ENFIELD BIKES BY NON-BULLET RIDERS
PROBLEMS HIGH MAINTENANCE POOR AFTER SALES SERVICE HIGH PRICE LOW MILEAGE NOISY VEHICLE POOR PROMOTION TOTAL NO. OF RESPONDENTS 11 7 15 8 3 31 75 PERCENTAGE 14% 10% 20% 10% 4% 42% 100%

Analysis
Maximum number of people (42%) described that there is very poor promotion for the Royal Enfield, 20% had an issue with the price range, third biggest problem was 14% of them felt high maintenance was required for the bike, only 4% of them felt it was noisy vehicle and while 10% of respondents each refrained because of the low mileage and the poor after sales service of Bullet.

Interpretation
It is clear that People who choose not to buy Bullets do so because of low promotion, high price and maintenance. So Royal Enfield should concentrate on their promotional campaigns and make sure it reaches the common man.

GRAPH No.1 GRAPH SHOWING- THE RESPONDENTS OPINION OF THE MA OR BARRIER FOR NOT PURCHASING ROYAL ENFIELD BIKES BY NON-BULLET RIDERS

14%

42%

10%

High maintainence
20% Poor after sales service High price 4% 10%

Low mileage Noisy vehicle

Poor Promotion

TABLE No.18 TABLE SHOWING - THE PLACE OF SERVICE OF RESPONDENTS BIKE

PLACE OF SERVICE SHOWROOM WELL KNOWN BULLET MECHANIC NEARBY GARAGE SELF SERVICE TOTAL

NO. OF RESPONDENTS 34 29

PERCENTAGE 45% 38%

4 8 75

6% 11% 100%

Analysis
From the above table we can say that 45% of the respondents prefer their service of their bike in showroom, 38% of them with well known bullet mechanic, 6% of them in nearby garage and 11% of them prefer self service to their bike.

Interpretation
It is clear that most of the respondents service their bikes in the showrooms and also with a well known bullet mechanic. There is no much difference but this shows people have less trust with the showroom service.

GRAPH No.18 GRAPH SHOWING- THE PLACE OF SERVICE OF RESPONDENTS BIKE

Showroom

Well known bullet mechanic

Nearby garage

Self service

11%

F%

45%

3E%

TABLE No.19 TABLE SHOWING- THE RESPONDENTS OPINION AND LEVEL OF SATISFACTION ABOUT THE COMPANY TAKING ACTION TOWARDS COMPLAINTS LODGED BY THE CUSTOMERS

YES/NO YES NO TOTAL RESPONSE FOR SATISFACTION YES NO TOTAL

NO. OF RESPONDENTS 55 20 75 NO. OF RESPONDENTS 49 26 75

PERCENTAGE 73% 27% 100% PERCENTAGE 66% 34% 100%

Analysis
The above table shows that 73% of the respondents accept that the company takes action towards the complaints lodged by the customers and 27% disagree for the same. Also the satisfaction level is 66% by the respondents and 34% are not satisfied.

Interpretation
It is clear that most of the respondents agree that the company takes action towards the complaints lodged by the customers and also the satisfaction level of the customers is very high. This shows Royal Enfield checks at the complaints registered by their customers on regular basis to maintain its brand value.

GRAPH No.19 GRAPH SHOWING- THE RESPONDENTS OPINION AND LEVEL OF SATISFACTION ABOUT THE COMPANY TAKING ACTION TOWARDS COMPLAINTS LODGED BY THE CUSTOMERS

55 60 40

20
20 0

Yes
No

No. of Respondents

Poi

of satisfaction

No 34%

Yes 66%

TABLE No.20 TABLE SHOWING- THE RESPONDENTS OPINION ABOUT PARTICIPATING IN THE RIDER MANIA ORGANIZED BY THE ROYAL ENFIELD CLUB

YES/NO YES NO TOTAL

NO. OF RESPONDENTS 62 13 75

PERCENTAGE 82% 18% 100%

Analysis
The above table shows that 82% of the respondents are wants to participate in the Rider Mania and 18% of them are not interested.

Interpretation
It clearly shows that majority of the respondents are very much interested in Rider Mania and also shows that respondents are very passionate Enfield fans.

GRAPH NO.20 GRAPH SHOWING- RESPONDENTS OPINION ABOUT PARTICIPATING IN THE RIDER MANIA ORGANIZED BY THE ROYAL ENFIELD CLUB

18%

82%

Yes No

CHAPTER 5
FINDINGS AND CONCLUSION

FINDINGS
1. It is revealed that majority of users are between 20 to 29 years. From this we can conclude younger generation and middle age are more interested in Royal Enfield may be because this is the age where they start earning. 2. It is clear that most of the users of Royal Enfield are males mostly because of the manly look of the bikes. 3. Users are mostly Professional males, 20-35 years of age including some students because of the looks and power of the bike. 4. Royal Enfield is placing their products in the appropriate price range. As the people of this income bracket less than 1,20,000 can easily afford this Bike. 5. Customers are not attracted to only one particular model due to the variants available and because the Classic 500/350 is the newly released models they are fast moving now. 6. Customers are easily affording the price of Royal Enfield bikes and they are not feeling much problem with the amount and purchasing way of most of the customers is leading in cash sector. 7. Majority of the customers directly chose Royal Enfield as their bike and dint even have a look at the nearest alternative bike and this show s the loyalty of the customers towards the brand Royal Enfield.

8. Advertisements are rarely recalled and are highly ineffe ctive amongst nonBullet riders. Its clear that Royal Enfield should concentrate on its advertising campaign to reach the customers. 9. It clearly shows that mileage of the Royal Enfield bikes is economical & mileage between 35 and 40 that too on Indian roads with heavy traffic is a great deal. 10. Most of the Royal Enfield bikes doesnt breakdown at all, it is not problematic and not involved into repair always. 11. It is clear that most of the respondents prefer to buy their bike brand new from showroom only and majority of the customers are very much satisfied with the place of purchase of their Royal Enfield bike. This also shows there is more demand for new bikes. 12. It is clear that majority of the respondents are satisfied with spare parts availability and we can say that Royal Enfield has good distribution channel for spare parts in the city. 13. It is clear that majority of the people who choose Royal Enfield as their bike doesnt have any problems or issues with their bikes performance. 14. Majority of the respondents are satisfied with their bikes power and pick up. This shows Royal Enfield has an excellent satisfaction level within the customer

15. Majority of the respondents are satisfied with their bikes comfort and safety. This shows Royal Enfield has an excellent satisfaction level within the customers. 16. Majority of the respondents are satisfied with their after sales service and few respondents are not at all satisfied. This shows Royal Enfield has a good satisfaction level within the customers. 17. It is clear that People who choose not to buy Bullets do so because of low promotion, high price and maintenance. So Royal Enfield should concentrate on their promotional campaigns and make sure it reaches the common man. 18. It is clear that most of the respondents service their bikes in the showrooms and also with a well known bullet mechanic. There is no much difference but this shows people have less trust with the showroom service. 19. Most of the respondents agree that the company takes action towards the complaints lodged by the customers and also the satisfaction level of the customers is very high. This shows Royal Enfield checks at the complaints registered by their customers on regular basis to maintain its brand value. 20. Majority of the respondents are very much interested in Rider Mania and also shows that respondents are very passionate Enfield fans.

CONCLUSION
The study has helped Royal Enfield dealers to understand whether the customers are satisfied or not. If not what are main reasons for dissatisfaction of customer towards the dealer and what are the ways of improving the satisfaction level of customer towards dealer. We can conclude younger generation and middle age are more interested in Royal Enfield, the buying behavior is governed predominantly by the need for Power and respect for the iconic Brand and users are mostly Professional Males, 20-35 years of age, including some students. Most of the customers are attracted to newly released Classic 350/500, also c ustomers are easily affording the price of Royal Enfield bikes and customers are very loyal towards the brand Royal Enfield. Royal Enfield should concentrate on its advertising campaign to reach the customers, mileage of the Royal Enfield bikes is very economical and most of them prefer to buy their bike brand new from showroom with the spare parts available in market easily. Royal Enfield has an excellent satisfaction level within the customer for its power, pick up, comfort, safety and with after sales service. It is clear that Royal Enfield checks at the complaints registered by their customers on regular basis to maintain its brand value and entire Royal Enfield owner are passionate Royal Enfield fans.

CHAPTER 6 SUGGESTIONS

SUGGESTIONS
y Aggressive selling- The Company should follow an aggressive selling

concept. A non-aggressive selling concept which is clearly visible in its advertising campaign which does not hit on the customer rather aims to provide information in a subtle manner.
y Promotional campaign- The Royal Enfield ads seen on electronic and

print media are absolutely out of touch with the Indian culture and thought process. An Indian consumer irrespective of their income level has a soft corner for traditions and culture of India. Hence, all companies including market leaders like Hero Honda and Bajaj capitalize on this behavior of customers and design their ad campaigns keeping India in mind.
y Weak follow up from dealerships - It was observed during the study that

Royal Enfield was quite weak in following up with prospective customers.

y Measures should be taken to improve it s dealership- Showrooms are very

small in size and do not reflect the quality and scale of Royal Enfield in the market.
y Should improve the after sales service - During the survey it was found

that Royal Enfield is not satisfying all their customers in after sales services, employees at dealership sometimes use harsh words and become

rude to the customers, parts of the bike are not easily available in the market. This is the major drawback in capturing the market share so Royal Enfield should take some better steps to satisfy and retain their customers.
y Increase in customer query response - During the study it was found that

dealers are not satisfying the queries of customers and so suggested to increase customer query response by dealers.
y Youth oriented promotion- Company should focus more on younger

generation as it can increase sales and market share in Bangalore .

y Purchasing way of customers - Customers are easily affording the price of

Royal Enfield bikes and they are not feeling much problem with the amount. But the company should also take some steps towards making purchase easier through bank loans and EMIs.
y Marketing communication- It should focus on satisfying the needs for

Respect, Power, Safety and Comfort.

y Brand ambassador- A non-flamboyant well-built brand ambassador may

be chosen to represent the Brand. It is necessary for Royal Enfield to have a brand ambassador from India to connect with the Indian customer.
y Build iconic status- Royal Enfield should concentrate on building around

the iconic status it already enjoys if it plans to attract customers migrating to other manufacturers.

ANNEXURE

QUESTIONNAIRE
I am Venu S, a final year BBM student from Presidency College. This information is required for successful completion of my project A Study on Customer Satisfaction towards Royal Enfield bikes, Bangalore. I request you to kindly spare some of your time and fill the questionnaire below. Thank you. RESPONDENT INFORMATION Name: 1. Age: 2. Gender : 3. Occupation: Student Professional 4. Annual Income: Less than 1, 20,000 3, 60,001-7, 20,000 1, 20,001 -3, 60,000 Above 7, 20,00 0 Government service Self employed other Male Female

5. Which model of Royal Enfield do you presently own? Bullet 500 Bullet Electra Classic 500/350 Thunder Bird Machismo 500 others Bullet 350

6. How did u purchase the bike? Cash Loan

7. Did u consider other motorcycle while buying the Royal Enfield bike? Yes No

- If yes which bike did you compare with? Bike cc

8. Please specify your source of awareness of Royal Enfield while buying your bike? Newspapers Road shows Showroom Magazines TV Adds Others Friends Website/blogs

9. Please specify your bikes mileage? 45km/lit & above 35-40 30-35 40 -45 Below 30

- Are you satisfied with the bikes mileage? Yes No

10. Frequency of breakdown of your bike? Very often rarely Not at all

11. Which place did you prefer to purchase your Royal Enfield bike? Showroom Used vehicles dealership Are you satisfied purchasing there? YES NO Direct second hand

12. How about the availability of spare parts? Readily available Dont have good spares supply dont get them readily Major headache

13. Any major problems after purchasing Royal Enfield bike? No problem High maintenance High price Poor after sales service Low mileage Noisy vehicle

14. How many stars will u rate for your satisfaction level with respect to power and pick up of your Royal Enfield bike? Poor Average Good Excellent

15. How many stars will u rate for your satisfaction level with respect to comfort and safety of your Royal Enfield bike?

16. How many stars will u rate for your satisfaction level with respect to after sales service of your Royal Enfield bike?

17. How does your friend say to your Royal Enfield bike? Trendy High Cost Expensive spare parts Others- If any Macho Low mileage

18. What do you think is the major barrier for not purchasing Royal Enfield bikes by non-bullet riders? High Maintenance High price Poor promotion Poor aft er sales service Low mileage Noisy vehicle

19. Where do you service your Royal Enfield bike? Showroom Nearby garage Well known bullet mechanic self service

20. Do you agree that company takes action towards the complaints lodged by the customers? YES NO

Are you satisfied with their replies? YES NO

21. How many times have you suggested your friends or relatives to purchase of Royal Enfield bikes? 1-2 3-4 More than 5

22. Would you like to participate in the Rider Mania organized by the Royal Enfield club? YES NO

23. Any suggestions

BIBLIOGRAPHY

BIBLIOGRAPHY

Books Referred
y Marketing Management, 13th edition y Survey Research Methods

- Philip Kotler - Charles Babbie

Magazines Referred
y The Bullet-In, The Magazine For All Royal Enfield Bullet

Enthusiasts.
y Royal Enfield Magazine, The BEAT.

Websites Referred
y www.google.com y www.royalenfield.com y www.wikipedia.org y www.enfieldmotorcycles.com