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YAMAHA
  RAY
A STUDY ON PERCEPTIONAL
CHANGE OF YAMAHA CUSTOMERS
History
 Yamaha CEO Genichi Kawakami took Yamaha into the
   field of motorized vehicles on July 1, 1955

 Yamaha Motor produces motorcycles, all-terrain
   vehicles, boats, marine engines including
   outboards, automobile engines, personal watercraft and
   snowmobiles

 In 2000, Toyota and Yamaha Corporation made a capital
   alliance in which Toyota paid Yamaha Corporation ¥10.5
   billion for a 5 per cent share in Yamaha Motor Company
   while Yamaha and Yamaha Motor each bought 500,000
   shares of Toyota stock in return.
PROBLEM
IDENTIFIED
Will Yamaha’s foray
   into the scooters
 segment change the
general perception of
    the customers?
Objectives
PRIMARY OBJECTIVE:

 To analyze the perceptional change of the customers with
     Yamaha’s foray into scooter segment.
SECONDARY OBJECTIVES:


    To study the relationship between the age of respondents and their perception of Yamaha scooters.


    To study the relationship between the gender of respondents and their perception of Yamaha scooters.


    To understand Yamaha’s ability to excel in scooter segment.


    To analyze the impact of market share of Yamaha.


    To understand the brand preference for scooters.
Scope

The success of any company is not all about establishing
   a brand but also on the perception of its customers.
Yamaha, a powerful brand which has always been looked
upon as male brand, has now entered the scooter segment
 for women. Will it change the general perception of the
                  customer on Yamaha?
Research Methodology
TITLE - Perception change of Yamaha due to its
        intervention in the scooter’s segment



RESEARCH DESIGN

 Sampling design

 Questionnaire design

 Statistical design
SAMPLING DESIGN

 SAMPLE AREA: SRM University Campus

 SAMPLE SIZE: 100

 AGE GROUP: 18-45

 GENDER: Male and Female

 DURATION: One Month

 SAMPLING TECHNIQUE: Non probability sampling
  (convenience sampling)

 INSTRUMENT USED: Questionnaire
Statistical Design
SPSS 16.0 was used for analyzing the data using the
following tools

 DESCRIPTIVE STATISTICS

 CHI SQUARE TEST

 ANOVA

 CORRELATION

 REGRESSION
Can Yamaha excel in scooter            .019                 -1.523
        segment
        Which gender may prefer scooter from   -.020                -1.727
        an all male brand like Yamaha
        Which gender may prefer scooter from   -.020                -1.727
        an all male brand like Yamaha




INTERPRETATION:
The Distribution is normal for the following variables where skewness ranges between -1 to +1 and kurtosis
ranges between -2 to +2. The variables are:
Gender, Age of respondents, Preference, target women, Perspective, Excel segment, Brand priority, Changes
brand name, Impact on market share, meant for male, Race bike, Power packed, Economy priced, Women
dominance in Scooter Segment, localized.
CHI SQUARE
 INTERPRETATION:

    it can be inferred that thefollowing are the variables
    for which null hypothesis is rejected i.e. there is
    significant difference between the observed and the
    expected valuesfor the following variables

 Gender, Age of respondents, Preference, Changes
    brand name, Impact on market share, meant for
    male, Race bike, Power packed, Economy priced
    Women dominance in Scooter Segment.
ANOVA
 INTERPRETATION:

    it can be inferred that the following are the variables for
    which null hypothesis is rejected (impact on intervention
    and Yamaha is power packed). Therefore

 There is variance existing between Gender and the impact
    on the intervention of scooters of Yamaha.

 There is variance existing between Gender and their
    perception change towards the brand because Yamaha is
    power packed.
Major Findings
 Most of the respondents lie between age group 18-25.

 Students prefer scooters more compared to working
    women’s and senior citizens.

   Most of the respondents feel scooters do not target only
    women.

 Most of the respondents are not sure of Yamaha excelling
    in scooter segment.

 Almost all the respondents feel that there will be an impact
    on the market share of Yamaha bikes due to its foray in
    scooters.
Strength
 Brand value

 An open market

 The rising fuel prices
Threats

 Red ocean market.




 Hinder the sale of bikes.
Suggestions
 It is the students who prefer Yamaha scooters compared to
   working women or senior citizens and the management
   should try to position the product in such a way college
   goers would be their segment to target.

 Since most of the respondents have felt that Scooters of
   Yamaha is not meant for female alone and hence Men
   segment must also be considered as focus groups and male
   celebrity should be made for Yamaha scooters.

 Most of the respondents have felt that there would be an
   Impact on the market share of Yamaha and management
   must make a 360 degree view and make sure they do not
   lose their market share on Yamaha bikes which is their cash
   cow category.
Conclusion
Competition within the industry is very high. As there are
number of players like TVS, Honda, etc. in the market.
It’s a red ocean market for Yamaha scooter and they have
their work cut out. Yamaha’s bikes category has grown to
an extent where bikes like R15 are imported to Japanese
market. Yamaha motors should make sure they do not
lose their market share on bikes due to its intervention in
scooter segment and there by losing its brand identity and
perceptional change. There would be a lot of expectations
from brand lovers of Yamaha about its new product
development and the management should try to satisfy its
loyal customers.
Team
Muthu Swamy
Sidarth Ramesh
“Fazer” Vinoth
Abernesh Justin

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Brm

  • 2. A STUDY ON PERCEPTIONAL CHANGE OF YAMAHA CUSTOMERS
  • 3. History  Yamaha CEO Genichi Kawakami took Yamaha into the field of motorized vehicles on July 1, 1955  Yamaha Motor produces motorcycles, all-terrain vehicles, boats, marine engines including outboards, automobile engines, personal watercraft and snowmobiles  In 2000, Toyota and Yamaha Corporation made a capital alliance in which Toyota paid Yamaha Corporation ¥10.5 billion for a 5 per cent share in Yamaha Motor Company while Yamaha and Yamaha Motor each bought 500,000 shares of Toyota stock in return.
  • 4. PROBLEM IDENTIFIED Will Yamaha’s foray into the scooters segment change the general perception of the customers?
  • 5. Objectives PRIMARY OBJECTIVE:  To analyze the perceptional change of the customers with Yamaha’s foray into scooter segment. SECONDARY OBJECTIVES:  To study the relationship between the age of respondents and their perception of Yamaha scooters.  To study the relationship between the gender of respondents and their perception of Yamaha scooters.  To understand Yamaha’s ability to excel in scooter segment.  To analyze the impact of market share of Yamaha.  To understand the brand preference for scooters.
  • 6. Scope The success of any company is not all about establishing a brand but also on the perception of its customers. Yamaha, a powerful brand which has always been looked upon as male brand, has now entered the scooter segment for women. Will it change the general perception of the customer on Yamaha?
  • 7. Research Methodology TITLE - Perception change of Yamaha due to its intervention in the scooter’s segment RESEARCH DESIGN  Sampling design  Questionnaire design  Statistical design
  • 8. SAMPLING DESIGN  SAMPLE AREA: SRM University Campus  SAMPLE SIZE: 100  AGE GROUP: 18-45  GENDER: Male and Female  DURATION: One Month  SAMPLING TECHNIQUE: Non probability sampling (convenience sampling)  INSTRUMENT USED: Questionnaire
  • 9. Statistical Design SPSS 16.0 was used for analyzing the data using the following tools  DESCRIPTIVE STATISTICS  CHI SQUARE TEST  ANOVA  CORRELATION  REGRESSION
  • 10. Can Yamaha excel in scooter .019 -1.523 segment Which gender may prefer scooter from -.020 -1.727 an all male brand like Yamaha Which gender may prefer scooter from -.020 -1.727 an all male brand like Yamaha INTERPRETATION: The Distribution is normal for the following variables where skewness ranges between -1 to +1 and kurtosis ranges between -2 to +2. The variables are: Gender, Age of respondents, Preference, target women, Perspective, Excel segment, Brand priority, Changes brand name, Impact on market share, meant for male, Race bike, Power packed, Economy priced, Women dominance in Scooter Segment, localized.
  • 11. CHI SQUARE  INTERPRETATION:  it can be inferred that thefollowing are the variables for which null hypothesis is rejected i.e. there is significant difference between the observed and the expected valuesfor the following variables  Gender, Age of respondents, Preference, Changes brand name, Impact on market share, meant for male, Race bike, Power packed, Economy priced Women dominance in Scooter Segment.
  • 12. ANOVA  INTERPRETATION:  it can be inferred that the following are the variables for which null hypothesis is rejected (impact on intervention and Yamaha is power packed). Therefore  There is variance existing between Gender and the impact on the intervention of scooters of Yamaha.  There is variance existing between Gender and their perception change towards the brand because Yamaha is power packed.
  • 13. Major Findings  Most of the respondents lie between age group 18-25.  Students prefer scooters more compared to working women’s and senior citizens.  Most of the respondents feel scooters do not target only women.  Most of the respondents are not sure of Yamaha excelling in scooter segment.  Almost all the respondents feel that there will be an impact on the market share of Yamaha bikes due to its foray in scooters.
  • 14. Strength  Brand value  An open market  The rising fuel prices
  • 15. Threats  Red ocean market.  Hinder the sale of bikes.
  • 16. Suggestions  It is the students who prefer Yamaha scooters compared to working women or senior citizens and the management should try to position the product in such a way college goers would be their segment to target.  Since most of the respondents have felt that Scooters of Yamaha is not meant for female alone and hence Men segment must also be considered as focus groups and male celebrity should be made for Yamaha scooters.  Most of the respondents have felt that there would be an Impact on the market share of Yamaha and management must make a 360 degree view and make sure they do not lose their market share on Yamaha bikes which is their cash cow category.
  • 17. Conclusion Competition within the industry is very high. As there are number of players like TVS, Honda, etc. in the market. It’s a red ocean market for Yamaha scooter and they have their work cut out. Yamaha’s bikes category has grown to an extent where bikes like R15 are imported to Japanese market. Yamaha motors should make sure they do not lose their market share on bikes due to its intervention in scooter segment and there by losing its brand identity and perceptional change. There would be a lot of expectations from brand lovers of Yamaha about its new product development and the management should try to satisfy its loyal customers.