TO STUDY THE LEVEL OF CUSTOMER SATISFACTION ON THE
LEVEL OF CUSTOMER SATISFACTION ON AFTER-SALES
SERVICES IN PENINSULAR HONDA, COCHIN
Under the Guidance of
MS. K. R. NISHA
Prepared by
M. Nithya Rani (FK-2653) Gayathri Krishnan (FK-2601) Surya Supry K.C (FK-2659) Shruthi V. Nair (FK-2575)
SCMS COCHIN SCHOOL OF BUSINESS SCMS CAMPUS, PRATHAP NAGAR, MUTTOM, ALUVA, COCHIN-683106
MAY-2014
ACKNOWLEDGEMENT
We would like to express our gratitude and appreciation to all those who gave us the support to complete this report. We take this opportunity to express our profound gratitude to our, Director Dr V Raman Nair, SCMS-COCHIN School of Business, for the support given by him throughout the course. We extend our sincere thanks to Dr K.R.Nisha, Ms. Joby Joy, Ms. Jisha, Ms. Anjali.A and Mr.Nobin.K.Philip for their exemplary guidance, monitoring and constant encouragement throughout the course of this project. We are obliged to the General Manager, K.P.Patel and employees of Peninsular Honda, Kochi for the valuable information provided by them in their respective fields. We are grateful for their cooperation during the period of our project. Finally yet importantly we would like to thank our friends and well wishers, who were a source of support and encouragement throughout the study.
TABLE OF CONTENTS
Chapter No. Title Page No EXECUTIVE SUMMARY V 1 INTRODUCTION 1 2 LITERATURE REVIEW 8 3 INDUSTRY PROFILE 17 4 COMPANY PROFILE 18 5 ANALYSIS AND INTERPRETATION 21 6 CONCLUSION 36 7 SUGGESTIONS 37 8 APPENDIX 38 LIST OF TABLES SL NO 1 Cross tab of Service quality experienced and customer recommendation
20 2 Chi-square test of Service quality experienced and customer recommendation 21 3 Cross tab of service quality and courtesy of service personnel
22 4 Chi-square test of service quality and courtesy of service personnel 23 5 Cross-tab of clarity of information to satisfaction level after warranty period 24 6 Chi-square test on clarity of information to satisfaction level after warranty period
25 7 Cross-tab on Company gets your feedback to information about the new launches of the company.
26 8 Chi-square test on Company gets your feedback to information about the new launches of the company.
27 9 Cross-tab of the durability of Honda cars and customer recommendation to others
28 10 Chi-square test of the durability of Honda cars and customer recommendation to others
29 11 Cross-tab of cleanliness, appearance of the vehicle during the time of delivery and consumers recommendation
30 12 Chi-square test of cleanliness, appearance of the vehicle during the time of delivery and consumers recommendation
31 13 Cross-tab of the trust of the customer towards the company and the customers recommendation of the company to others
32 14 Chi-square test of the trust of the customer towards the company and the customers recommendation of the company to others
33
EXECUTIVE SUMMARY
This project is titled To Study the Level of Customer Satisfaction on After-sales Services in Peninsular Honda, Cochin was conducted during the year 2013-2014. The study conducted is intended to know about the level of customer satisfaction for Honda cars. Every companys life blood is its customers. When the customers are happy then the company is successful. Customer Satisfaction depends on products perceived performance relative to a buyers expectations. Customer satisfaction with a companys products or services is often seen as the key to a companys success and long-term competitiveness. In the context of relationship marketing, customer satisfaction is often viewed as a central determinant of customer retention. However, the few empirical investigations in this area indicate that a direct relationship between these constructs is weaker, even nonexistent. This study helps to find out the level of satisfaction of customers. The study was conducted among 20 customers of Honda across all segments. The main limitations faced by the study were the difficulty in getting genuine response. From the study it has been found that the number of satisfied customers of Honda are high , but at the same time satisfaction with respect to after sales service quality ought to be enhanced. To create a positive impact, a little more attention should be provided during warranty period. The reality of Customer Satisfaction is in the eyes of the beholder the customer. The sooner we realize and accept our customers perceptions of our products and services as reality, and accept it as our challenge, the sooner we will earn their confidence and become their permanent supplier of choice.
So it would be ideal on the part of Honda to ensure that frequent customer satisfaction surveys are conducted and feedback solicited. A highly satisfied customer generally stays loyal longer and costs less to serve than new customer because transactions are routine.