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    LEVEL OF CUSTOMER SATISFACTION

    AT SUBHIKSHA

    In partial fulfillment of requirement for

    2nd semester of PGDM

    Under the supervision of: - Submitted by:-

    Dr.RAJIVE KOTHARI BHOMA RAM

    (PGDM-2nd Sem.)

    -: Submitted to:-

    Centurion Institute of Professional StudiesCampus: Sector 18, Kumbha marg, near medical university, Pratap nagar, Sanganer,

    Jaipur (Raj.)

    (September-2008)

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    ACKNOWLEDGEMENT

    It is always acknowledged so precious a debt as that of learning. It is

    the only debt that is difficult to reply through gratitude. It is indeed a great

    opportunity for me to pen down a few lines about people to whom my

    acknowledgement is due.

    It is my deepest sense of gratitude that I wish place on record my

    sincere thanks to RAM NIWASH forproviding me this opportunity to make

    this project.

    I would like to thanks my faculty members at Centurion Institute of

    Professional Studies who gave me the useful tips and opened a whole New

    World of Knowledge for me.

    I also want to thank my friends who extended their cooperation andwere patient at all stages of our work. Especially to Anand Kumawat, Anuj

    Jain and Vikash Kumar Swami.

    Last but not the least I would like to thanks all those who could not find a

    separate name but has help me directly or indirectly.

    BHOMA RAM

    PGDM- 2nd sem.

    Batch-(2007-09)

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    EXECUTIVE SUMMARY

    This project has been made on the research problem Level of Customer

    Satisfaction at Subhiksha.

    This is a descriptive research study because there is a need to identify level

    of customer satisfaction over Price, products and customer service etc.

    through customer survey.

    For sampling I use probability sampling technique in which I use Area

    sampling method which include questionnaire and this questionnaire revels

    information about customer satisfaction level on price, product and customer

    service etc.

    Interrogation through personal interview has been used as a data collection

    technique and questionnaire is data collection instrument, which is close-

    ended & open ended. After getting these filled from respondents I made

    some pie charts. Then the pie charts were analyzed to reach the conclusions.

    After analyzing the satisfaction level of customer on price, products and

    customer service it has come to know that customers are demanding higher

    product quality, fast delivery, better service and lower prices.

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    The most important thing which is learned from this project is how to

    conduct a research on a particular problem by using different research

    methodology techniques.

    It helped a lot to apply theoretical knowledge in to the practical life. This

    project also helped in improving the communication skills through

    interacting with the people in the market.

    BHOMA RAM

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    CONTENTS

    S.no. Chapters Page No.

    1 Chapter 1 6-7

    Introduction

    2. Chapter 2 8-15

    Industry profile

    3. Chapter 3 16-23

    Company profile

    4. Chapter 4 24

    Research Methodology

    5. Chapter 5 25-31

    Interpretation of Result

    6. Chapter 6 32-33

    Conclusions

    7. Chapter 7 34-36

    Recommendations

    8. Annexure I (Questionnaire) 37-38

    9. Bibliography 39

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    INTRODUCTION

    This project has been made on the research problem Level of Customer

    Satisfaction at Subhiksha.

    The objectives of research are to identify level of customer satisfaction over

    Price, products and customer service at Subhiksha stores and accordingly

    deliver solution to increase that.

    Why and How to Measure Customer Satisfaction?

    Most companies say they believe in great customer service, but few set up a

    system to insure that they provide it. Delivering great customer service takes

    both understanding what your customers want and a way to see that they

    receive it.

    Measuring Customer Satisfaction:-

    There are several ways to gather input from customers. The simplest way

    to find out how customers feel and what they want is to ask them. If

    you have only 20 customers, you can talk to each one personally.

    The advantage of this approach is that you'll get a personal "feel"

    for each customer. The disadvantage is that you'll gather different

    information from each customer depending on how the conversation

    goes.

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    Here are a few of the possible dimensions we could measure:

    quality of service

    speed of service

    pricing

    complaints or problems

    trust in your employees

    the closeness of the relationship with contacts in your firm

    types of other services needed

    your positioning in clients' minds

    Role or importance of customer survey

    Today's competitive marketplace requires every organization to listen

    to the voice of its customers. A customer service survey can provide

    management with valuable input on both short-term and long-term decision-

    making. It can offer critical operational and strategic advantages over the

    competition.

    Here is a customer satisfaction survey on level of customer satisfaction at

    subhiksha stores which includes some information like satisfaction on

    price, goods and customer service.

    It measures level of subhiksham card among customers and tells usawareness about loyalty card and other services

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    2. INDUSTRY PROFILE

    RETAILING:-

    Distribution of consumer products begins with the producers and ends at the

    ultimate consumer. Between the producer and the consumer there is

    middleman-the retailer, who links the producer and the ultimate consumers.

    Retailing is defined as a conclusive set of activities of steps used to sell a

    product or a service to consumers for their personal of family use.

    The word retail is derived from the French word retailer meaning to cut

    a price off or to break bulk.

    A Retailer is a person, agent, agency, company or organization, which is

    instrumental in reaching the goods, merchandise, or services to the ultimate

    consumers.

    CHARACTERISTICS OF RETAILING:-

    There is direct end -user interaction.

    It is only point in the value chain to provide a platform for

    promotions.

    Sales at the retail level are generally in the smaller unit sizes.

    Location is a critical factor.

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    Services are as important as core products.

    FUNCTIONS OF RETAILING:-

    Sorting.

    Breaking bulk

    Holding stock

    Additional services Channel of communication.

    Transport & Advertising functions.

    CLASSIFICATION OF RETAIL UNITS ON THE FOLLOWING

    BASIS:-

    Nature of ownership. Operational structures.

    Length and Depth of Merchandise.

    Nature of service.

    Type of pricing policy.

    Type of Retail location.

    Method of consumer interaction.

    Size

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    TYPES OF RETAILING:-

    The first is the market, a physical location where buyers and sellers

    converge. Usually this is done in town squares, sidewalks or designated

    streets and may involve the construction of temporary structures (market

    stalls).

    The second form is shop or Store Trading. Some shops use counter-

    service, where goods are out of reach of buyers, and must be obtained from

    the seller. This type of retail is common for small expensive items (e.g.

    Jewellery) and controlled items like medicine and liquor. Self-service,

    where goods may be handled and examined prior to purchase, has become

    more common since the 20th century.

    A third form of retail is Virtual retail, where products are ordered via mail,

    telephone or online without having been examined physically but instead in

    a catalog, on television or on a website. Sometimes this kind of retailing

    replicates existing retail types such as online shops or virtual marketplaces

    such as Amazon.

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    http://en.wikipedia.org/wiki/Markethttp://en.wikipedia.org/wiki/Self-servicehttp://en.wikipedia.org/wiki/Online_shophttp://en.wikipedia.org/wiki/Amazon.comhttp://en.wikipedia.org/wiki/Markethttp://en.wikipedia.org/wiki/Self-servicehttp://en.wikipedia.org/wiki/Online_shophttp://en.wikipedia.org/wiki/Amazon.com
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    RETAILING FORMATS:-

    Malls:

    The largest form of organized retailing today Located mainly in metro cities,

    in proximity to urban outskirts. Ranges from 60,000 sq ft to 7,00,000 sq. ft.

    and above. They lend an ideal shopping experience with an amalgamation of

    product, service and entertainment, all under a common roof. Examples

    include Shoppers Stop, India bulls mega Mart, Pantaloon, Wall mart etc.

    Specialty Stores:

    Chains such as the Bangalore based Kids Kemp, the Mumbai books retailer

    Crossword, RPG's Music World and the Times Group's music chain Planet

    M, are focusing on specific market segments and have established

    themselves strongly in their sectors.

    Discount Stores:

    As the name suggests, discount stores or factory outlets, offer discounts on

    the MRP through selling in bulk reaching economies of scale or excess stock

    left over at the season. The product category can range from a variety of

    perishable/ non perishable goods.

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    Department Stores:

    Large stores ranging from 20000-50000 sq. ft, catering to a variety of

    consumer needs. Further classified into localized departments such as

    clothing, toys, home, groceries etc. Departmental Stores are expected to take

    over the apparel business from exclusive brand showrooms. Among these,

    the biggest success is K Raheja's Shoppers Stop, which started in Mumbai

    and now has more than seven large stores (over 30,000 sq. ft) across India

    and even has its own in store brand for clothes called Stop!.

    Hyper marts/Supermarkets:

    Large self service outlets, catering to varied shopper needs are termed as

    Supermarkets. These are located in or near residential high streets. These

    stores today contribute to 30% of all food & grocery organized retail sales.

    Super Markets can further be classified in to mini supermarkets typically

    1,000 sq ft to 2,000 sq ft and large supermarkets ranging from of 3,500 sq ft

    to 5,000 sq ft. having a strong focus on food & grocery and personal sales.

    Convenience Stores:

    These are relatively small stores 400-2,000 sq. feet located near residential

    areas. They stock a limited range of high-turnover convenience products and

    are usually open for extended periods during the day, seven days a week.

    Prices are slightly higher due to the convenience premium.

    MBOs :

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    Multi Brand outlets, also known as Category Killers, offer several brands

    across a single product category. These usually do well in busy market

    places and Metros.

    Present Scenario of Indian Retail Industry:-

    The revolution in retailing industry has brought many changes and also

    opened door for many Indian as well as foreign players. In a market like

    India there is a constant clash between challenges and opportunities but

    chances favour those companies that are trying to establish themselves. So to

    sustain in a market like India companies have to bring innovative solutions.

    Indian market has potential to accommodate many retail players, because

    still a small proportion of the pie is organized.

    Retailing is still in its infancy in India. In the name of retailing, the

    unorganised retailing has dominated the Indian landscape so far.

    According to an estimate the unorganized retail sector has 97%

    presence whereas the organized accounts for merely 3%.

    Industry has already predicted a trillion dollar market in retail sector

    in India by 2010.

    However, the retail industry in India is undergoing a major shake-up

    as the country is witnessing a retail revolution. The old traditional

    formats are slowly changing into more complex and bigger formats.

    Malls and mega malls are coming up in almost all the places be it

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    metros or the smaller cities, across the length and breadth of the

    country.

    Both MNCs and Indian firms want to get their share of this

    burgeoning pie. Notable in Indian firms are Pantaloons Retail & Big

    Bazaar, Trent's Westside, Shopper's stop, Reliance and Subhiksha,

    Wills Lifestyle stores, Caf Coffee Day, which is present in India in

    different retail formats. Wal-Mart stores have just started

    operations in India.

    Some leading retail coffee chains of the world like Starbucks,

    Barnies areplanning to expand in a major way in India.

    KEY CHALLENGES OF RETAIL INDUSTRY:-

    LOCATION:

    "Right Place, Right choice". Location is the most important ingredient forany business that relies on customers, and is typically the prime

    consideration in a customers store choice. Locations decisions are harder to

    change because retailers have to either make sustainable investments to buy

    and develop real estate or commit to long term lease with developers. When

    formulating decision about where to locate, the retailer must refer to the

    strategic plan:

    - Investigate alternative trading areas.

    -Determine the type of desirable store location

    - Evaluate alternative specific store sites

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    MERCHANDISE:

    The primary goal of the most retailers is to sell the right kind of merchandise

    and nothing is more central to the strategic thrust of the retailing firm.

    Merchandising consists of activities involved in acquiring particular goods

    and services and making them available at a place, time and quantity that

    enable the retailer to reach its goals. Merchandising is perhaps, the most

    important function for any retail organization, as it decides what finally goes

    on shelf of the store.

    PRICING:

    Pricing is a crucial strategic variable due to its direct relationship with a

    firm's goal and its interaction with other retailing elements. The importance

    of pricing decisions is growing because today's customers are looking for

    good value when they buy merchandise and services. Price is the easiest and

    quickest variable to change.

    TARGET AUDIENCE:

    "Consumer the prime mover"

    "Consumer Pull", however, seems to be the most important driving factor

    behind the sustenance of the industry. The purchasing power of the

    customers has increased to a great extent, with the influencing the retail

    industry to a great extent, a variety of other factors also seem to fuel the

    retailing boom.

    SCALE OF OPERATIONS:

    Scale of operations includes all the supply chain activities, which are carried

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    out in the business. It is one of the challenges that the Indian retailers are

    facing. The cost of business operations is very high in India.

    3. COMPANY PROFILE

    SUBHIKSHA TRADING SERVICES LTD. An introduction

    HISTORY OF THE COMPANY-

    Subhiksha is India's largest supermarket, pharmacy and telecom chain.

    Started in 1997 as a single store entity in South Chennai, it is now present

    nationally with 1400 outlets and spread across more than 90 cities. ICICI

    Venture Capital has a 24% stake in Subhiksha.

    Derived from the Sanskrit word, Subhiksham or"giver of all good things in

    life", Subhiksha was founded by Mr. R. Subramanian, an IIT-Chennai &

    IIM-A alumni. His vision to deliver consistently better value to Indian

    consumers, has guided Subhiksha to deliver savings to all consumers on

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    each and every item that they need in their daily lives, 365 days a year,

    without any compromise on quality of goods purchased.

    Subhiksha now has the pan Indian presence with stores across Delhi, UP,

    Punjab, Haryana, Gujarat, Maharashtra, AP, Karnataka and TN. Today,

    it is a multi-locational, professionally managed and vibrant organization that

    is poised to change the lives of millions of Indians, faster than ever before!

    THE VISION:-

    To make Subhiksha, the dominant supermarket player built on

    trust by world-class people and service.

    This it hopes to achieve by:

    Understanding the needs of customers and offering them superior

    products and service

    Leveraging technology to service customers quickly, efficiently and

    conveniently Developing and implementing superior management and investment

    strategies to offer a good satisfaction to their customers.

    Providing an enabling environment to foster growth and learning for

    their employees

    And above all, building transparency in all their dealings.

    The success of the company will be founded in its unflinching

    commitment to 5 core values -- Integrity, Customer First, Boundary less,

    Ownership and Passion. Each of the values describes what the company

    stands for, the qualities of the people and the way they work.

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    The company believes that they are on the threshold of an exciting new

    opportunity, where they can play a significant role in redefining and

    reshaping the sector.

    THE COMPANY:-

    Subhiksha the Chennai based, no frills, discount retail chain, which

    recently hit the 1400-stores mark, has catapulted itself into one of the

    countrys largest supermarket chains, with over one million sq. ft. of retail

    space, spread across five states of the country.

    The goal of Subhiksha to becoming Indias favorite neighborhood store is

    now well on its way. We want to be able to provide customers from all

    segments of society, in all parts of the country, with a viable smart shopping

    option, added Subramanian.

    Unlike Big Bazaar, its discount, food and grocery, retail counterparts,

    Subhiksha believes in setting up non-air conditioned small neighborhood

    stores (near the community) measuring around 2,000 sq. ft. in retail space.

    As such, while Subhiksha competes with big store chains on regular

    discounts, it competes with traditional father and son kirana stores on close

    proximity to its customers.

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    SUBHIKSHA PROMISE:-

    Lowest Prices & Great Savings Everyday!

    Subhiksha offers all goods at sharply discounted prices so that consumers

    can genuinely save in every transaction. Unlike other stores, the low prices

    at Subhiksha are not limited to a few goods or to a few specific days.

    Customers can get the same discounted prices on all items, on all days and

    irrespective of whether they make a small or a big purchase. In fact, the

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    discounts and customer savings at Subhiksha are 4-5 times that offered by

    other small and big retailers.

    PROVIDES WIDE SELECTION OF GOODS:-

    Subhiksha offers consumers a wide selection to choose from:

    Supermarket

    Quality groceries, packaged foods, cosmetics and toiletries, household

    provisions etc., sourced from the best brands in India - all available at the

    lowest prices.

    Fruits and vegetables

    A large range of fresh fruits and vegetables is sourced directly from farms

    on city outskirts and made available to consumers at very reasonable

    prices. Consumers get the freshest produce at the best prices.

    Pharmacy

    All medicines are made available to consumers at a flat 10% discount.

    This is especially helpful for elderly consumers and those who are on

    continuous medication.

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    Telecom

    Subhiksha is now India's largest mobile retailer and offers handsets,

    accessories and charge cards from all leading brands including Nokia,

    Motorola, Sony Ericsson, LG, Samsung, etc., at the lowest prices. You do

    not just get genuine company warranty but also amazing exchange offers

    on old phones, spot finance offers and much more.

    Guaranteed Delivery

    Subhiksha guarantees to deliver the exact product you have selected. In

    case you have received a different product, or if the product was

    damaged in transit, please contact us within the stipulated time period

    and we will ensure that we replace it or refund you for it. Please note, we

    will deliver goods within the committed time period, but there could be

    occasional delays. We will contact you, in case deliveries are expected to

    get delayed.

    Simple Return Policy

    If you have purchased something at Subhiksha and are not satisfied with

    its quality, then you can return the same to us; no questions asked, as

    long as it is in its original packaging and accompanied by its invoice. We

    will even make the return process simple for you - just contact our call

    centre number or nearest Subhiksha outlet from where the stock was

    delivered to you and we'll arrange to pick up the product from your

    home. Alternately, you could drop it off at the nearest Subhiksha store.

    Real Customer Support

    For any information that a customer require he could contact our call

    centre at 60607777.

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    SUBHIKSHA IN PRESENT RETAIL INDUSTRY SCENARIO:-

    At a time when big retailers like Reliance Retail and others are facing stiff

    resistance for having hit the bottom-line of small time mom-and -pop shops,

    a southern stand-alone is using the opportunity to quietly go about its job.

    The no-frill retailer Subhiksha has taken the populist route of luring

    customers with less money for greater value strategy. Its time to welcome

    the socialism in shopping.

    The idea is to welcome a person with dirty slippers with the same zeal as

    we greet somebody who has parked his big long car outside the store, thefact is that the Rs 3500 crore Subhiksha has nothing but survived the

    onslaught of bigger fish in the sea of retail with its stand-alone and low key

    format so far.

    But victory is still not in sight. The volume game that Subhiksha decided to

    play by has its own flip side. Too many stores in vicinity in the same area

    are eating into the margins of outlets. So the chain is busy fighting its own

    kith and kin. And that is not without having to jostle for space in

    competitors territory. The problems have only started to surface.

    At present, Subhiksha offers discounts in the range of 7 to 10 per cent on

    almost every item. The acceptability of the concept of discount retailing has

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    always been there, but how does Subhiksha manage it so consistently?

    Answer is: Unlike mall centric retail outlets where primarily, high-end

    customers are in the scheme of things, it has chosen to focus on the middle

    class. And for that very reason it cannot afford to ignore the discount part.

    To ensure loyalty, consistent low price is the only carrot in this competitive

    sector.

    And when a retailer aims to dish out discounts of about 10 per cent on every

    units MRP, it is imperative to have presence in as many centres as possible,

    the only reason for going ubiquitous, With lesser margins, Subhiksha has

    volumes on its side to compensate.

    SUBHIKSHA IN RAJASTHAN:-

    Operation of Rajasthan Subhiksha started in March 07. Where in, the

    operation team came in the Jaipur first and started searching for good

    properties for the outlets. After the regular hard work on 18th Aug.

    Subhiksha launched its 4 telecom exclusive outlets in Jaipur. Since than it

    never look back.

    Telecom exclusive launched was followed by the massive launch of its 4

    super market stores on 7 Nov. 2007

    In Ajmer, Subhiksha showed its presence in the month of Dec. 07, in the

    same month Subhiksha started its pharmacy wing in all its super markets.

    Now it has one outlet in kishangarh which will be followed by some of the

    more stores launch in Alwar, Kota & Udaypur.

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    RESEARCH METHODOLOGY

    Research Problem: - Level of customer satisfaction at Subhiksha

    Purpose of Research:-

    To identify level of customer satisfaction over Price,

    products and customer service etc.

    Research Design:-

    Descriptive

    To find out the level of customer satisfaction I used Survey research

    and experimental research in which I interviewed persons on one to

    one basis using a structured questionnaire.

    Sampling Design:-

    Population: - Walk-in customer andLoyalty card holders.

    Sampling Method: - Probability Area sampling method

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    Sample Size: - 100 customers of Subhiksha

    Data collection:-

    Instrument: - Questionnaire

    Method: - Personal interview

    Interpretation of Result

    By

    Graphical Representation

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    Satisfaction level on price6%

    71%

    23%

    23% Customers are very satisfied

    71% Customers are somewhat satisfied

    6% Customers are dissatisfied

    SATISFACTION LEVEL ON PRODUCT QUALITY

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    4%

    66%

    30%

    30% are very satisfied with product quality

    66% are somewhat satisfied with product quality4% are somewhat dissatisfied with product quality

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    4%

    66%

    30%

    30% are very satisfied with product quality

    66% are somewhat satisfied with product quality

    4% are somewhat dissatisfied with product quality

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    satisfaction level on customer

    service

    53%

    47%

    53% are very satisfied with customer service

    47% are somewhat satisfied with customer service

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    AWARENESS ABOUT LOYALTY CARD (SUBHIKSHAM

    CARD):-

    Customer knows about loyalty card

    or not?

    64%

    36%

    64% customer knows about loyalty card

    36% customers doesn't know about loyalty card

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    AWARENESS ABOUT SUBHIKSHAS FREE HOME

    DELIVERY SERVICE

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    Awareness about free home

    delivery service

    28%

    72%

    72% customers knows about subhiksha's free home

    delivery

    28% customer doesn't know about subhiksha's free

    home delivery

    DOES SUBHIKSHA FULFILL CUSTOMERS HOUSEHOLD

    REQUIREMENTS:-

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    69%

    31%

    69% Customer says No 31% Customer says Yes

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    DOES CUSTOMER KNOW THAT SUBHIKSHA PROVIDE

    10% DISCOUNT ON MEDICINES?

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    Does customer know about 10% dis.

    on medicines?

    54%

    46%

    54% customers know about this discount

    46% customer doesnt know about this discount

    CONCLUSION

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    After analyzing the satisfaction level of customer on price, products and

    customer service it has come to know that

    23% customers are very satisfied, 71% are somewhat satisfied and 6%

    are dissatisfied with the price.

    30% customers are satisfied, 66% somewhat satisfied and 4% are

    dissatisfied with products quality.

    53% customers are very satisfied and 47% are somewhat satisfied

    with customer service of subhiksha.

    Awareness about loyalty card- 64% customers aware about loyaltycard and 36% customers are unaware about loyalty cards.

    72% customers aware about subhikshas free home delivery service

    and 28% are unaware.

    61% customers are in favour of discount on MRP, where 23% are in

    favour of providing various offers on products and 16% required both

    things.

    69% customers think that subhiksha does not fulfill their household

    requirements.

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    We think that we are getting a measure of customer satisfaction by

    tallying the number and types of customer complaints we receive each

    period. But in fact, 95% of dissatisfied customers dont complain; many

    may just stop buying.

    There is an intimate connection among product and service quality,

    customer satisfaction, and company profitability. Higher levels of quality

    result in higher levels of customer satisfaction.

    Many companies are aiming for high satisfaction because customers who

    are just satisfied still find it easy to switch when a better offer comes

    along. Those who are highly satisfied are much less ready to switch. High

    satisfaction or delight creates an emotional affinity with the brand, not

    just a rational preference. The result is high customer loyalty.

    Most companies fail to measure individual customer profitability. The

    well known 80/20 rule says that the top 20% of the customers may

    generate as much as 80% of the companys profits.

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    RECOMMENDATIONS

    Adopting customer-oriented thinking -

    My first recommendation is to adopt customer-oriented thinking which

    requires the company to define customer needs from the customers point of

    view because a customer is a person who brings us his wants. It is our job

    to handle them profitably to him and to ourselves.

    Company should try to adopt some strategies like- Focus on target market,customer needs, integrated marketing.

    Focus on Target market- we know that we cannot satisfy every need

    or demand but we can define our target market and try to fill all the

    requirements of that market.

    Customer needs- Company should take customer oriented thinking

    which requires giving chance to customer to think and state about his

    or her need. Company can respond to customers requests by giving

    customers what they want, or what they need. Company should try to

    convert somewhat satisfied customer into very satisfied customers.

    Company can do this thing if:

    Company able to identify the customers need and requirements.

    The product or service should match customers expectations.

    I recommend that company must make sure that the customers orders

    are filled correctly and on time.

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    Company must stay in touch with customers after the sale to ensure

    that they are satisfied and remain satisfied.

    Company must gather customer ideas for product and service

    improvements and convey them to the appropriate company

    departments.

    Integrated marketing- The Companys success depends not only on how

    well each department performs its work but also on how well the various

    departmental activities are coordinated. For instance- HR department should

    hire good and educated sales persons and training department should train

    them perfectly time to time.

    More Emphasize on Sales assistance:-

    Subhiksha should more emphasize on the training of sales force available at

    the stores with the information of new products and schemes, so that they

    are fully equipped with the information and schemes related to the product,

    hence they can improve in their working skills

    The need for customer retention-

    Losing profitable customers can dramatically impact a firms profits. The

    cost of attracting a new customer is estimated to be five times of the cost of

    keeping a current customer happy.

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    Adding Financial Benefits -

    Company should offer some financial benefits to the customer. They are:

    Through frequency marketing programs (FMPs), we can provide rewards to

    customers who buy frequently and/or in substantial amounts.

    Company can offer price club cards to its customers that provide member

    customers with unadvertised discounts on particular items.

    More Emphasize on customer service:-

    There should be moreEmphasize on customer service. Because Subhikshamainly facing the competition with Mom & Pop stores (kirana stores), and

    they have personal relationship from long time of period with customers.

    Thats why company try to make better relationship with their customers.

    Include some new product categories:-

    Even providing good services to the costumers company can not get desired

    attention from costumers because of low product category so I recommend

    that company should Include some new product categories like fresh fruits

    and vegetables because due to these product categories we can attract more

    customers and can increase theirbasket size. and similarly their satisfaction

    level towards companys stores.

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    Annexure I

    (Questionnaire)

    Level of Customer Satisfaction at Subhiksha

    Respondent Name :

    Address :

    Gender: - (a) Male (b) Female

    Occupation: - (a) Business (b) Service (c) House Wife (d) student

    1. Are you satisfied with the Price of Subhiksha?

    (a)Very Satisfied (b) Somewhat Satisfied (c) Dissatisfied

    2. Are you satisfied with the product quality of Subhiksha?

    (a)Very Satisfied (b) Somewhat Satisfied (c) Dissatisfied

    3. Overall, how satisfied are you with the customer service experience at

    Subhiksha stores?

    (a)Very Satisfied (b) Somewhat Satisfied (c) Dissatisfied

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    4. Are you aware about Subhiksham card?

    (a)Yes (b) No

    5. Are you aware that Subhiksha offers free home delivery without any

    pre-conditions?

    (a)Yes (b) No

    6. Does Subhiksha fulfill your household requirements i.e. food, non-

    food and staple items?

    (a)Yes (b) No

    7. Do you know that Subhiksha provides 10% discount on medicines?

    (a)Yes (b) No

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    Bibliography

    BOOKS:-

    1. Kotler, Philip, Marketing Management, New Delhi, Prentice Hall Of India, 1998.

    2. Kothari, C.R., Research Methodology, New Delhi, New Age International Publishers,

    Second Revised Edition: 2004

    3. Stephens, Nancy J., Customer - focused Selling, U.S.A., Adams Media Corporation,

    1997

    MAGAZINES AND JOURNALS:-

    Images Retail, July, 2008

    WEBSITES:-

    www.wikipedia.com

    www.google.com

    www.retailbiz.coms

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