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Study on Second Hand Cars

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Submitted By tsreddy
Words 1264
Pages 6
PROJECT CONCLUSION
BY
TS REDDY
RITTANTRA SINGH MAYANK DIXIT

Objectives of study. * Survey Second hand car market using secondary data. * Finding gaps and Increasing pre-owned Car sales. * Assessing Second hand Cars Residual Value. * Enhancing customer requirement knowledge and satisfaction. Need For the study:
The automobile sector has today become one of the hot areas markets. Various upcoming features have enhanced the global competition in today's Automobile sector. * As there are petty dealers in the ‘Pre Owned’ Car market in Indore. It is important to learn about the ‘Target Audience’ and the market. * To know how has Maruti handled the ‘Pre Owned’ market till date? * To know what the market share is? * To understand and work on the gaps, if any.
Utility or Proposed out comes and benefits of the study:
Benefit to the Organisation:
With this study, the team (Srimayrit Motors) will be benefited in terms of learning 1) Changes in the target segment. 2) Learn more about the competitors. 3) Study the changes in the market conditions. 4) Awareness / knowledge about ‘True Value’
The study results also will help in making proper strategies to expand the new introduced market.
Benefit to Academics:
It will help us in understanding- * The market for used cars in general and market in city in particular. * Customers Decision Making Process for used cars. * Customer’s choices of brands in used car segment. * It will help in understanding, reviewing and suggesting improvements in creating a market . The experience gained during this study will provide a tool, which can be applied in any future undertakings .

Title of the project
"Analysis of the Pre-owned car market in Indore for our new company “Srimayrit Motor’s

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