+ All Categories
Home > Documents > project on coirboard

project on coirboard

Date post: 21-Dec-2015
Category:
Upload: ans
View: 16 times
Download: 2 times
Share this document with a friend
Description:
MBA project
Popular Tags:
107
A STUDY ON CUSTOMER SATISFACTION OF COIR PRODUCTS FOR COIR BOARD Project report Submitted in partial fulfillment for the award of the Degree of MASTER OF BUSINESS ADMINISTRATION From Cochin University of Science And Technology By LINESH P RAJ Reg. No: 85290192 Under the guidance of Mr.Bejoy J Parrackal Faculty of MBA DEPARTMENT OF MANAGEMENT STUDIES KOKKOTHAMANGALAM, CHERTHALA
Transcript
Page 1: project on coirboard

A STUDY ONCUSTOMER SATISFACTION OF COIR PRODUCTS

FORCOIR BOARD

Project report

Submitted in partial fulfillment for the award of the Degree of

MASTER OF BUSINESS ADMINISTRATION

From Cochin University of Science And Technology

ByLINESH P RAJ

Reg. No: 85290192

Under the guidance of

Mr.Bejoy J ParrackalFaculty of MBA

DEPARTMENT OF MANAGEMENT STUDIES

KOKKOTHAMANGALAM, CHERTHALA

Page 2: project on coirboard

DECLARATION

I, Linesh P R, Register Number-85290192, 2009-2011 batch 4th semester MBA student of K. V.

M. College of Engineering and Information Technology, Cherthala hereby declare, project

report entitled, “A Study On Customer Satisfaction of Coir Products” is an original work and the

same has not been submitted to any other institute for the award of any other degree.

Cherthala Linesh P Raj

01-04-2011

Page 3: project on coirboard

ACKNOWLEDGEMENT

Any attempt at any level cannot be satisfactorily completed without the support and guidance of

learned people.

The author takes extreme pleasure to express her deep sense of gratitude to Dr.Mahesh R Pillai,

Director of Management Studies, KVM College of Engineering and Information Technology for

his inspiring guidance and encouragement throughout the preparation and completion of this

project

The author’s sincere thanks to her project guide Mr.Bejoy J Parackel , Department of MBA,

KVM College of Engineering and Information Technology for his valuable guidance and

immense help throughout the project work.

The author wish to express her deep and sincere feeling of gratitude to all the faculties of

Department of MBA, KVM College of Engineering and Information Technology.

Author takes this opportunity to thank Mr. Boopalan, R&D Department, Coir Board, Cochin for

his valuable suggestion and encouragement throughout the project. The Author also wants to

thank Mr.kumara swamy pillai, Marketing Director of this organization for his support

regarding the project that led to the successful accomplishment of this project.

The author expresses his deep and sincere thanks to all the staffs of Coir Board Cochin.

LINESH P RAJ

Page 4: project on coirboard

SYNOPSIS

According to the estimates by the Ministry of Statistics and Programme Implementation, the

Indian economy has registered a growth of 7.4 per cent in 2009-10, with 8.6 per cent year-on-

year growth in its fourth quarter. The growth is driven by robust performance of the

manufacturing sector on the back of government and consumer spending. GDP growth rate of

7.4 per cent in 2009-10 has exceeded the government forecast of 7.2 per cent for the full year.

According to government data, the manufacturing sector witnessed a growth of 16.3 per cent in

January-March 2010, from a year earlier

Coir Industry is one among them, which contributes to the development of our economy. Exports

of coir and coir products yielded Rs 804 crore during 2009-10, well over the target of Rs 700

cror fixed for 2009-10 by the Union Ministry of Micro, Small and Medium Enterprises (MSME).

The growth in value realization was mainly backed by growth in volume as coir exports

increased by 47 per cent to 2.94 lakh tones, as against 1.99 lakh tones in 2008-09.

While we speaking about Coir Industry, we have to mention the name of Coir Board. Coir

Board of India is a statutory body established by the Government of India under a legislation

enacted by the Parliament namely 'Coir Industry Act 1953 (45 of 1953)' for the promotion and

development of Coir Industry in India.

This study, i.e.; “Customer Satisfaction of Coir Products” held at Coir Board Cochin with the

objective to find the customers’ satisfaction level and to suggest more improved ways to satisfy

customers and strengthen relationship with them. The major tool used for this study was a

structured questionnaire to collect customers’ feedback. The sample size opt was 100 customers

and random sampling method have used. The data was further analyzed on the basis of variables

fixed such as Gender, Income, Living area and Period of association of respondents.

Page 5: project on coirboard

The whole study revealed that, the customers are happy about the products and features up to an

extent. Also it revealed that the customers are so sensitive towards price, quality, last ability and

behavior of staffs.

The author hopes that this particular study and suggestions made by her will help the

organization to strengthen the relationship with the customers and there by satisfying more

customers in an improved manner

Page 6: project on coirboard

TABLE OF CONTENTS

Certificates

Declaration

Acknowledgement

Synopsis

Table of Contents

List of Table

List of Graph

List of Abbreviations

CHAPTER 1- Introduction

CHAPTER 2 - Research Methodology

CHAPTER 3 – Review Of Literature

CHAPTER 4- Analysis And Interpretation

CHAPTER 5- Findings & Suggestions

CHAPTER 6- Conclusion

Bibliography

Appendix

I

II

III

IV

VI

VII

X

XI

1-15

16-18

19-21

22-59

60-63

64-65

66-68

69-71

Page 7: project on coirboard

LIST OF TABLES

Table No. Table Name Page No.

4.1 Gender and Income Details of respondents 23

4.2 Details on the basis of Gender and way of information

about Coir Board

24

4.3 Annual Income And Area of living details of

respondents

25

4.4 Annual income and way of knowledge about Coir Board 26

4.5 Area of living and way of knowledge about Coir Board 27

4.6 Gender and Brand Consciousness of respondents 28

4.7 4.7 Income And Brand Consciousness of respondents 29

4.8 Area and Brand Loyalty (Only purchasing from Coir

Board)

30

4.9 Period of Customer ship and Brand Loyalty. 31

4.10 Income and Brand Loyalty 32

4.11 Gender and Opinion about Coir Board 33

4.12 Living Area and opinion about Coir Board. 34

4.13 Gender And satisfaction towards Behavior of staffs 35

4.14 Living area and satisfaction towards behavior of staffs. 36

4.15 Gender and ambiance of the store 37

4.16 Income and ambiance of the store 38

4.17 Period of customer ship and last ability of product 39

4.18 Income and and last ability of product 40

4.19 Gender and Quality of products 41

4.20 Best part of Coir Board and Living area 42

4.21 Best part of Coir Board and Gender 43

4.22 Gender and way of problem solving 44

4.23 Income and Way of problem solving 45

Page 8: project on coirboard

4.24 Period of customership and relationship strategy. 46

4.25 Period Gender and relationship strategy. 47

4.26 Income and price 48

4.27 Gender and Price 49

4.28 Period of customership and Price 50

4.29 Income and satisfaction towards discount 51

4.30 Gender and satisfaction towards discount 52

4.31 Gender and Damage during consumption 53

4.32 Period of customership and Damage during

consumption

54

4.33 Living area and Communication process with the

company

55

4.34 Period of association and Communication process with

the company

56

4.35 Gender and Opinion 57

4.36 Income and Opinion 58

4.37 Gender and Overall satisfaction 59

Page 9: project on coirboard

LIST OF GRAPHS

Graph No. Table Name Page No.

4.1 Gender and Income Details of respondents 23

4.2 Details on the basis of Gender and way of information

about Coir Board

24

4.3 Annual Income And Area of living details of

respondents

25

4.4 Annual income and way of knowledge about Coir

Board

26

4.5 Area of living and way of knowledge about Coir Board 27

4.6 Gender and Brand Consciousness of respondents 28

4.7 4.7 Income And Brand Consciousness of respondents 29

4.8 Area and Brand Loyalty (Only purchasing from Coir

Board)

30

4.9 Period of Customership and Brand Loyalty. 31

4.10 Income and Brand Loyalty 32

4.11 Gender and Opinion about Coir Board 33

4.12 Living Area and opinion about Coir Board. 34

4.13 Gender And satisfaction towards Behaviour of staffs 35

4.14 Living area and satisfaction towards behavior of staffs. 36

4.15 Gender and ambiance of the store 37

4.16 Income and ambiance of the store 38

4.17 Period of customership and lastability of product 39

4.18 Income and and lastability of product 40

4.19 Gender and Quality of products 41

4.20 Best part of Coir Board and Living area 42

4.21 Best part of Coir Board and Gender 43

4.22 Gender and way of problem solving 44

Page 10: project on coirboard

4.23 Income and Way of problem solving 45

4.24 Period of customership and relationship strategy. 46

4.25 Period Gender and relationship strategy. 47

4.26 Income and price 48

4.27 Gender and Price 49

4.28 Period of customership and Price 50

4.29 Income and satisfaction towards discount 51

4.30 Gender and satisfaction towards discount 52

4.31 Gender and Damage during consumption 53

4.32 Period of customership and Damage during

consumption

54

4.33 Living area and Communication process with the

company

55

4.34 Period of association and Communication process with

the company

56

4.35 Gender and Opinion 57

4.36 Income and Opinion 58

4.37 Gender and Overall satisfaction 59

Page 11: project on coirboard

LIST OF ABBREVIsATIONS

GDP Gross Domestic Product

GNP Gross National Product

CCRI Central Coir Research Institute

R & D Research and Development

UNDP United Nations Development Programme

ASAP As Soon As Possible

Chapter – 1

Introduction

Page 12: project on coirboard

Introduction

Coir has been playing an important role in the economy of Kerala, especially the coastal districts

of the State. The social life of people across these districts is closely knit with the warp and weft

of the products manufactured in the coir units. Of late, the industry has begun to make its

presence felt in other coconut producing States of the country as well. The State of Tamil Nadu

has gone much ahead in this respect and in fact large quantities of coir fibre required by the

export oriented production units located in Alleppey source their raw material from the State. In

the case of mechanization also, the State of Tamil Nadu has been making rapid strides and a

large number of entrepreneurs are currently entering into the industry. Similarly, the proliferation

of this industry in the states of Andhra Pradesh, Karnataka, Orissa and in some non-traditional

States like Gujarat is quite encouraging.

As we all know, the world economy has been reeling under an economic recession and it is

emerging out of its clutches slowly. In the aftermath of the onslaught of the recession, one item

which stood conspicuous by its steady performance was coir. The depression in the economic

world did not affect the exports of coir and it proved its stencil strength against the rapids and

currents in the world economy. During the year, 2009-10, the export of coir and coir products is

all set to surpass the target of Rs.700/- crores, an all time high export performance from the

country. During the year, up to Decembers, 2009, the export of coir and coir products from the

country was 1,79,667 MTs valued at Rs.555.03 crores. When compared to the same period of the

previous year, there has been an increase to the tune of 30.38% in quantity and 19.44 % in terms

of value.

Major Contributions

Some of the contributions of the Central Coir Research Institute have been major milestones in

the history of coir industry. The development of “coirret’ by the Institute has revolutionized the

production process of “white fibre” by reducing the processing period considerably. This process

has also made the job of the workers in the industry easier and hygienic. It is an eco-friendly zero

Page 13: project on coirboard

effluent process. Another contribution of the CCRI has been “pithplus” which elevated the status

of coir pith from a menacing substance to a “money spinner”, as it found application as a

hundred percent natural manure suitable for a host of crops and horticulture applications. The

recent invention of the CCRI, the Mobile Fibre Extraction Machine is going to be an epoch

making incident in the history of coir industry by eradicating the perennial problem of shortage

of coir fibre in the State of Kerala. In addition to the coir industry, the machine will also help the

coconut cultivators by providing additional income to the farmers in the form of income from

selling coconut husk which was thrown away as a waste material. The fibre extracted through

this machine can be further treated by the eco-friendly process of “coirret” or a “conditioner”

treatment developed by CCRI recently so as to prepare the best quality of coir fibres for

spinning.

Employment Opportunities

The younger generation which was once averse to take up jobs in the coir industry due to low

wages and crude production and processing methods are now coming forward to take up

employment opportunities generated in the sector. Earlier, the industry used to offer only

seasonal employment opportunities to the workers due to monsoon and demands of the trade.

Now, the factory set up provides regular employment to the workers and resultantly, the standard

of living of workers has been increasing steadily.

Modern Technology

The intervention of CCRI in the coir industry has been instrumental in making the coir industry

in the country a modern sunshine industry. There were times when mechanization and

modernization were not acceptable terms for the industry since they were supposed to cause

reduction in employment opportunities. Now, it has been proved beyond doubt that modern

technology is a boon to the industry thanks to the efforts of Coir Board and its Research and

Development wing. With the eradication of crude production and processing methods and

introduction of modern equipments, more and more units are established in factory set up with

Page 14: project on coirboard

higher degree of mechanization. This has resulted in increased productivity, better quality of

products and better income both to the entrepreneur and the labourer.

Indian Coir Industry – An Overview

The Indian coir industry is now making a comeback, keeping pace with the change in technology

and imbibing the latest developments in production techniques and designs.

The Indian coir industry has come a long way from manufacturing simple ropes to various

highend lifestyle products. The establishment of the first coir factory in Alleppey by James

Darrah, initiated the process of professionalism and modernisation in an otherwise unorganised

sector. Over one hundred and forty summers ago, when James Darrah decided to establish a

coidactory in Alleppey, he may not have visualised the revolution he was launching in a strange

land. The Europeans had entrenched themselves in India and political revolutions of different

hues were being enacted in various parts of India. But the one that Darrah launched by

establishing India’s first coir factory in 185960 in Alleppey, better known as the Venice of the

East, was one that would change the face of Indian coastal belt. It would also emerge as the

largest employment generator in the state.

Not that coir was something new to Alleppey. Coir had been in use in various forms and coir

making was prevalent around the world from Belgian Congo to Guam and from Venezuela to

Eritrea a long time before Darrah’s factory came up in Alleppey.But the significance of Darrah’s

effort was that it raised coir-making in India from an unorganised cottage industry to a

professional and modernised industrial activity that helped Indian coir to rule the world markets.

Up until then, coir making in India was largely a dissipated industry with households producing

miniscule quantities products had already established an appeal of fibre by retting and then

beating coconut for most Europeans as hygienic interior husks. Others would then make yarn out

of decor products. Mechanisation was unheard of the first coir factory was established, as and the

family units that produced fibre and many as 1,402 of the 1,831 coir units in yarn hardly

bothered about the advantages Kerala were in Alleppey, establishing the of professionally

Page 15: project on coirboard

organising their traditional coastal town as the unchallenged headquarter coir-making

capabilities. Once the first coir of the coir industry. By this time, the factory was up, the unique

quality of Indian domestic coir industry had spread its wings,coir did the rest.

The golden textured Indian coir fibre, which Andhra Pradesh, Orissa and Goa, and there earned

the unofficial brand name ‘golden was no doubting the fact that Indian coir fibre’, captured the

European and world markets in no time. From then on, there was The principal reason for Indian

coir’s reign no turning back. The big corporates era soon established coir factories in fibre that in

Alleppey, Kollam, Kozhikode, Kochi and other parts of Kerala. Industrial heavyweights of the

time, including Volkart Brothers,William Goodacre,pierce leslie and Aspinwall moved in to tap

the potential offered by the golden fibre,and Alleppey was soon a household name all over

Europe.By 1967 the “Golden Fibre” had captured the european and the world markets.

The ruling world market By 1967, a little over a hundred years after the first coir factory was

established, as many as 1,402 of the 1,831 coir units in Kerala were in Alleppey, establishing the

coastal town as the unchallenched headquarter of the coir industry. By this time, the domestic

coir factories coming up in several states including Karnataka,Tamil nadu,Andra pradesh,Orissa

and Goa,and there was no doubting the fact that indian coir industry was on a broad footing.The

principle reason for indian coirs reign in the world markets was the unique golden fibre that in

turn was owed to the unique properties of the husk of Indian coconuts and the retting facilities

available. As K.R. Lawrence Bandey, MBE who set up the William Goodacre operations in

Alleppey reminisces, “Around the middle of the 20th century, there was not a house in Europe

that did not use some coir article”.

Coir Geo Textiles

Coir Geo-Textiles, or coir Bhoovastra have shot into the lime light today thanks to its eco-

frinedly characteristics. They are being effectively used for improving soil bahaviours,

preventing soil erosion and in helping consolidation of soil. Coir as a 100% organic and bio-

degradable fibre, with great water absorbency, has a definite edge over synthetic geo textiles, in

Page 16: project on coirboard

the environmental aspect. The greatest advantage is that it provides an ecological niche for rapid

establishment of vegetation. Coir geo-textiles come in a mind-boggling range of woven and non-

woven varieties available for bio-engineering, including geo meshes, girds, geo-beds, anti-weed

blankets, needled felts, erosion control blankets, geo-rolls, geo-webs, and fascines.

Popular Varieties

The Anjengo yam, which derived its name from Anchuthengu in the then Travancore kingdom,

was easily the most premium brand, with a golden texture that earned it the golden fibre

sobriquet. Coconut husks from Anchuthengu were retted in slightly moving waters of the

lagoons in the area for about nine months, at the end of which the fibre was extracted by beating

the softened husks. The pith and other materials would fall off, and the golden fibre would

emerge, which established Indian coir’s hegemony in the world markets. There were also other

well-known varieties like the Vaikom yarn and the Aratri yam, but the interesting part is that

these varieties had their own niche markets even when branding was not prevalent in coir fibre

and yam sectors.

Favourable Location

In fact, a key factor that helped the establishment of the coir spinning industry in Kerala is the

presence of brackish backwaters and lagoons. Brackish waters had to be replenished by fresh

water at frequent intervals to wash away the water contaminated in the process of retting of

husks, and Kerala was naturally endowed with this facility also. This was perhaps what

established the industry so firmly in India and particularly in kerala,even though coconut

production was significantly high in several other countries like Indonesia,Philippines,SriLanka

and Thailand.

Non Conventional Coir

Coir ply boards developed by Coir Board is also an excellent building material, especially for

Page 17: project on coirboard

interiors, instead of traditional heavier materials. Coir ply boards have gypsum core and the side

are normally lined with paper. These boards are lightweight making it easier to dismantle should

you want to re-do your interiors after a few years. The coir ply board is also an excellent low cost

insulation material at residences and office buildings. Coir ply also offers a dector option and is

an excellent wood substitute. It can be used in the place of conventional wood for all kinds of

woodmark,like doors,windows,cupboards,wall panels,etc.It can be laminated or coated with

melamine finish for a glossy or matte finish.

Modernization Process

Though slow in coming, in keeping with the international market trend the Indian coir industry

has also woken up to the call for modernization. The ancient coir manufacturing techniques have

been replaced by advanced technological processes, with the introduction of motorized rets,

automatic spinning machines, mechanized de husking processes and the technology for yarn

based value added products. Semi-mechanised looms and power looms are now used for making

mats, matting and carpets. The continued R&D efforts are bearing fruits with the innovative

developments in the coir sector – non-woven items like coir mattresses, needled felt, PVC tufting

etc.

Mats with unique designs and kaleidoscopic colours, carpets, bags and baskets, tablemats, throw

rugs, mattresses, panelling materials, garden articles et al coir has now become favourite among

home makers and interior designers worldwide.”Great value for money, a substitute for synthetic

fibres, ecofriendly, hygienic and versatile, light on the wallet as well as on environment, durable

and weather resistant, chic and designer friendly the reasons for choosing coir by the

environment protectionists and others find no limits. In view of the above and. with the help of

strenuous R&D efforts of the Coir Board, I could predict that the Indian coir has a very good

future,” avers, Mr.Chandran.

Steps Being Taken

Page 18: project on coirboard

Of late, the industry in traditional areas such as Kerala and non-traditional areas such as Tamil

Nadu, Karnataka and Andhra Pradesh, have realised the need for rapid modernisation which

involved mechanisation, product development and diversification. As a result, higher investment,

particularly in the private sector, is taking place. Several new factories have come up, especially

in Kerala, with multinational participation. The traditional manufacturer exporters are also now

investing more and more for modernising their factories by setting up modem design studios and

state-of-the-art effluent treatment plants.

The small and medium manufacturers are also rising to the occasion. However, the major

problem the small producers face today is modemisation of their production infrastructure. The

high cost of machinery has become a major handicap. A semiautomatic loom machine would

cost around RsA lakh. Since the demand for coir machinery has been low, investment in coir

machinery development and manufacturing is quite low or nil.The Coir Board has embarked on a

total restructuring programme for the industry. Several experiments are being currently

undertaken to develop a model for restructuring, such as the UNDP project. Five clusters have

been identified in Alappuzha, Kollam (Kerala), Pollachi and Thanjavur (Tamil Nadu) and

Arasikarai in Karanataka under this programme for modernisation, technology transfer and

capacity building.

Some Famous Mat and Mating Manufavturers

Hindusthan Ltd.

D.C. Mills Pvt. Ltd. Alleppey

Palm Fibre (India) Pvt. Ltd. Alleppey

Fibre World. Alleppey

N.C. John & Sons (P) Ltd.Alleppey

Willaim Goodacre & Sons India Pvt. Ltd. Alleppey

The Alleppey Company. Alleppey

Page 19: project on coirboard

Ikea Trading (India) Pvt. Ltd. New Delhi

Indian Emporium. Cochin

Travancore Mats & Mattings Company. Alleppey

Coir Board

Coir Board of India is a statutory body established by the Government of India under a

legislation enacted by the Parliament namely 'Coir Industry Act 1953 (45 of 1953)' for the

promotion and development of Coir Industry in India.

It is based in Kochi (Cochin), and works for the promotion, research, education and training of

the coir industry. The board functions under the Ministry of Micro, Small and Medium

Enterprises

The Coir Board has worked actively to support the International Year of Natural Fibres 2009.

Functions of the Board

The main functions of the Board as laid down in Section-10 of the Coir Industry Act are given

below:

Promoting exports of coir yarn and coir products and carrying on propaganda for that

purpose;

Regulating under the supervision of the Central Government the production of husks, coir

yarn and coir products by registering coir spindles and looms for manufacturing coir

products as also manufacturers of coir products, licensing exporters of coir yarn and coir

products and taking such other appropriate steps as may be prescribed

Page 20: project on coirboard

Undertaking, assisting or encouraging scientific, technological and economic research

and maintaining and assisting in the maintenance of one or more research institutes

Collecting statistics from manufacturers of, and dealers in, coir products and from such

other persons as may be prescribed, on any matter relating to the coir industry, the

publication of statistics so collected or portions thereof or extracts therefrom

Fixing grade standards and arranging when necessary for inspection of coir fibre, coir

yarn and coir products

Improving the marketing of coconut husk, coir fibre, coir yarn and coir products in India

and elsewhere and preventing unfair competition

Setting up or assisting in the setting up of factories for the producers of coir products with

the aid of power

Promoting cooperative organisation among producers of husks, coir fibre and coir yarn

and manufacturers of coir products

Ensuring remunerative returns to producers of husks, coir fibre and coir yarn and

manufacturers of coir products

Licensing of retting places and warehouses and otherwise regulating the stocking and sale

of coir fibre, coir yarn and coir products both for the internal market and for exports

Advising on all matters relating to the development of the coir industry

Products Deals with

Coir Fibre

Coir Yarn

Coir Mats & Creel Mats

Coir Mats-Fibre Mats

Page 21: project on coirboard

Coir Mats- Rod Mats,Corridor Mats, Carnatic Mats

Coir Mats - Loop Mats,Mesh Mats, Sinnet Mats

Coir Mats - Gymnasia Mats, Matting Mats, Rope Mats

Coir Mattings - Four Treadle Weave, Basket Weave

Non Woven Mats

Coir Geo-Textiles

Coir Pith

Garden Articles

Coir Rope

Coir Brushes

Coir Ship Fenders

Hand Knotted Netting

Coir Roaps

Customer Satisfaction

Customer satisfaction, a business term, is a measure of how products and services supplied by a

company meet or surpass customer expectation. It is seen as a key performance indicator within

business and is part of the four perspectives 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.

There is a substantial body of empirical literature that establishes the benefits of customer

satisfaction for firms.

Page 22: project on coirboard

The most important asset of any organization is its customers. Satisfied customers pay their bills

promptly which greatly improves cash flow – the lifeblood of any organization. Customers

experience of a product or a service is multifaceted so hard to determine. It needs to be

measured individually to get an accurate total picture of customer satisfaction.

Customer satisfaction should not be viewed in a vacuum. For example, a customer may be

satisfied with a product or service and therefore rate the product or service highly in a survey and

yet same customer may buy another product. Similarly customer’s view about a product or

service are useless if customer’s view about competitors products are not understood.

Satisfied customers generate more revenues than dissatisfied ones. Satisfied customers not only

bring in repeat business but also new business through word of mouth advertising. Fully satisfied

customers are more immune to competitive actions and generate a stable business environment. 

Satisfied customers increase the bottom line. Satisfied customers are usually low maintenance,

keeping costs of sales low. Dissatisfied customers use valuable employee time and create a bad

reputation that has to be countered with higher advertising costs.

Hence, paying close attention to customer satisfaction is just common sense. Intuit founder Scott

Cook once said "If you can't please your current customers, you don't deserve any new ones."

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.

My experience has shown that a client finds it easier to relate to and work with someone they've

actually met in person, rather than a voice on the phone or someone typing into an email or

messenger program. When you do meet them, be calm, confident and above all, take time to ask

Page 23: project on coirboard

them what they need. I believe that if a potential client spends over half the meeting doing the

talking, you're well on your way to a sale.

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 customer know you're working on it.

A good example of this is my Web host. They've had some trouble with server hardware which

has caused a fair bit of downtime lately. At every step along the way I was emailed and told

exactly what was going on, why things were going wrong, and how long it would be before they

were working again. They also apologised repeatedly, which was nice. Now if they server had

just gone down with no explanation I think I'd have been pretty annoyed and may have moved

my business elsewhere. But because they took time to keep me informed, it didn't seem so bad,

and I at least knew they were doing something about the problems. That to me is a prime

example of customer service.

3. Be Friendly and Approachable

A fellow SitePointer 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

Page 24: project on coirboard

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. Making sure they know exactly what to do at each stage of their enquiry

should be of utmost importance. So make sure your customer service policy is present on your

site -- and anywhere else it may be useful.

5. Attention to Detail (also known as 'The Little Niceties')

Have you ever received a Happy Birthday email or card from a company you were a client of?

Have you ever had a personalised 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.

Take this as an example: you're working on the front-end for your client's exciting new

ecommerce endeavour. You have all the images, originals and files backed up on your desktop

computer and the site is going really well. During a meeting with your client he/she happens to

mention a hard-copy brochure their internal marketing people are developing. As if by magic, a

couple of weeks later a CD-ROM arrives on their doorstep complete with high resolution

versions of all the images you've used on the site. A note accompanies it which reads:

Your client is heartily impressed, and remarks to his colleagues and friends how very helpful and

considerate his Web designers are. Meanwhile, in your office, you lay back in your chair

Page 25: project on coirboard

drinking your 7th cup of coffee that morning, safe in the knowledge this happy customer will

send several referrals your way.

7. Honour Your Promises

It's possible this is the most important point in this article. The simple message: when you

promise something, deliver. The most common example here is project delivery dates.

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 time. In this case a quick apology and assurance it'll be ready

ASAP wouldn't go amiss.

Customer service, like any aspect of business, is a practiced art that takes time and effort to

master. All you need to do to achieve this is to stop and switch roles with the customer. What

would you want from your business if you were the client? How would you want to be treated?

Treat your customers like your friends and they'll always come back.

***

Page 26: project on coirboard

Chapter- 2 Research Methodology

Page 27: project on coirboard

Research Methodology

Customer Satisfaction

Customer satisfaction, a business term, is a measure of how products and services supplied by a

company meet or surpass customer expectation. It is seen as a key performance indicator within

business

The problem

The effective implementation of Customer Satisfaction is not an easy task, it includes many

complex matters which affect the customer’s perception about the company. Customers are so

sensitive and rational, they are looking both value and loyalty. If a company fails to understand

the mind of consumers and fails to do expected services, customer become rational and may

switch their loyalty to dissatisfaction. Today the market is so competitive so the company has to

develop good customer satisfaction strategy to survive in the field. In usual practice it may not

be possible to give good service every time

Objective

Primary Objective

To analyse the Customers’ satisfaction of coir board Products and thereby suggests more

improved ways to satisfy customer

Secondary Objectives

To find out Customers’ Perception about the Company.

To analyse the effectiveness of Shop Management

To find out the ability of staffs

To understand the sensitive matters regarding customer satisfaction

Page 28: project on coirboard

Data Analysis and Data Collection

Data required for the study included both primary and secondary types. Primary data was

collected through Questionnaire prepared for the Coir Board Customers. Major tools depended

on for the data collection included Questionnaire.

Discussions were held with the officials at various levels and important personnel in Coir Board

Secondary data was obtained from almost every available source which include magazines,

official organizational records, websites and previous researches

Sample Size

Sample size opt for the study is 100 coir Board Customers

Dependent and independent variable

The major variables used for the analysis of the data as dependent and independent variables

included gender, Income, living area, and period of association with Coir Board of the

respondents.

Analysis of data

The data was analyzed on the basis of the relationship between the variables fixed. The data was

classified, codified and cross tabulated to proceed with the analysis.

Page 29: project on coirboard

Chapter - 3 Literature Review

Page 30: project on coirboard

Literature Review

In a study done by Berry (Bart Allen) and Brodeur between 1990 and 1998 defined ten 'Quality

Values' which influence satisfaction behavior, further expanded by Berry in 2002 and known as

the ten domains of satisfaction. These ten domains of satisfaction include:

Quality,

Value,

Timeliness,

Efficiency,

Ease of Access,

Environment,

Inter-departmental

Teamwork, Front line Service Behaviors,

Commitment to the Customer

Innovation.

These factors are emphasized for continuous improvement and organizational change

measurement and are most often utilized to develop the architecture for satisfaction measurement

as an integrated model. Work done by Parasuraman, Zeithaml and Berry (Leonard L) between

1985 and 1988 provides the basis for the measurement of customer satisfaction with a service by

using the gap between the customer's expectation of performance and their perceived experience

of performance. This provides the measurer with a satisfaction "gap" which is objective and

quantitative in nature. Work done by Cronin and Taylor propose the

"confirmation/disconfirmation" theory of combining the "gap" described by Parasuraman,

Zeithaml and Berry as two different measures (perception and expectation of performance) into a

single measurement of performance according to expectation.

American Customer Satisfaction Index (ACSI) is a scientific standard of customer satisfaction.

Academic research has shown that the national ACSI score is a strong predictor of  Gross

Domestic Product (GDP) growth, and an even stronger predictor of Personal Consumption

Expenditure (PCE) growth. On the microeconomic level, research has shown that ACSI data

predicts stock market performance, both for market indices and for individually traded

companies. Increasing ACSI scores has been shown to predict loyalty, word-of-mouth

recommendations, and purchase behavior. The ACSI measures customer satisfaction annually for

Page 31: project on coirboard

more than 200 companies in 43 industries and 10 economic sectors. In addition to quarterly

reports, the ACSI methodology can be applied to private sector companies and government

agencies in order to improve loyalty and purchase intent. Two companies have been licensed to

apply the methodology of the ACSI for both the private and public sector: CFI Group, Inc.

applies the methodology of the ACSI offline, and Foresee Results applies the ACSI to websites

and other online initiatives

In spring 2004, Quad stone commissioned a study of the approach that large consumer

enterprises are taking to improve customer service experiences. The research mainly consisted of

in-depth interviews with executives in the financial services and telecommunications sectors, but

it also included an e-mail questionnaire with consumers and a "mystery shopping" investigation

into customer service centers.

The study finds that improving customers' satisfaction with service is a rapidly rising corporate

priority and companies are increasing investment in tracking customer satisfaction and what

drives it. While the majority of companies are beginning to understand aggregate-level trends in

customer satisfaction, only a few companies are able to systematically identify how to change

service delivery processes for the better - yet this is what all of the interviewed companies most

want to do.

Additionally, the study defines a success model for embracing and driving change based on customer satisfaction metrics, and it lays out the capabilities that companies must develop to fully leverage customer satisfaction data in driving change across the organization. The survey finds that telecommunications companies are, in general, more committed and sophisticated in their approach to customer satisfaction than financial services companies. Fundamentally, organizations are striving for a level of understanding that is deeper and more specific than general customer feedback

Page 32: project on coirboard

Chapter-4

Analysis and Interpretation

Page 33: project on coirboard

Analysis and interpretation carried out by analyzing the customer’s feedback on the basis of

variables fixed, ie; gender, income, living area and period of association. This analysis is

explained in the following paragraphs.

Table 4.1 Gender and Income Details of respondents

Income

Gender

25,000- 1 lkh 1-2 lkhs Above 2

Lakhs

Total

Male 16

(26.7%)

(45.7%)

27

(45%)

(60%)

17

(28.4%)

(85%)

60

(60%)

Female 19

(47.5%)

(54.2%)

18

(45%)

(40%)

3

(7.5%)

(15%)

40

(%)

Total 35

(%)

45

(%)

20

(%) 100

Table 4.1 reveals Gender and Age based details of respondents.Income when cross tabulated

with gender, we found that 35% of the respondents are 25,000 – 1Lakh category, 45% of

respondents belonging to 1-2 Lakhs category and 20% of respondents have more than 2 lakhs

annual income.

Graph 4.1 Gender and Income Details of respondents

Page 34: project on coirboard

Table 4.2 Details on the basis of Gender and way of information about Coir Board

Way

Gender

Advertising Trade Fair Family&Friends Total

Male 17

(28.4%)

(77.2%)

22

(36.7%)

(52.3%)

21

(35%)

(58.4%)

60

(60%)

Female 5

(12.5%)

(22.7%)

20

(50%)

(47.6%)

15

(37.5%)

(41.7%)

40

(%)

Total 22

(%)

42

(%)

36

(%) 100

Table 4.2 shows that 22% of respondents got information about coir board via advertisement, 42%

via Trade fair and 36% of respondents from Family and friends.

Graph 4.2 Details on the basis of Gender and way of information about Coir Board

Page 35: project on coirboard

Table 4.3 Annual Income And Area of living details of respondents

Area

Income

Urban Semi Urban Rural Total

25,000-1 Lkh 11

(35%)

(25.5%)

12

(34.2%)

(37.5%)

12

(34.2%)

(48%)

35

1 Lkh-2 Lkh 22

(49%)

(51%)

14

(31.2%)

(43.7%)

9

(20%)

(36%)

45

Above 2 Lkh 10

(50%)

(23.2%)

6

(30%)

(18.7%)

4

(20%)

(16%)

20

Total 43 32 25 100

Table 4.3 infers, from the total respondents, 43% living in urban area, 32% from semi urban area

and 25% of respondents from rural area.

Graph 4.3. Annual Income And Area of living details of respondents

Page 36: project on coirboard

Table 4.4 Annual income and way of knowledge about Coir Board

Way of info

Income

Advertising Trade Fair Family&Friends Total

25000- 1 lkh 9

(25.7%)

(41%)

14

(40%)

(33.4%)

12

(34.2%)

(33.4%)

35

(60%)

1-2 lkhs 8

(17.8%)

(36.3%)

19

(42.3%)

(45.2%)

18

(40%)

(50%)

45

Above 2 lkhs 5

(25%)

(22.7%)

9

(45%)

(21.4%)

6

(30%)

(16.7%)

20

Total 22 42 36 100

Table 4.4 is the respondents’ details on the basis of income and way of knowledge about Coir Board.

It reveals that 22% people got information via advertisement, 42% via trade fair and 36% of

respondents got information from family and friends.

From this it is clear that, the amount of advertisement is less and it have to improve.

Graph.4.4 Annual income and way of knowledge about Coir Board

Page 37: project on coirboard

Table 4.5 Area of living and way of knowledge about Coir Board

Way of Info

Area of living

Advertising Trade Fair Family&Friends Total

Urban 9(21%) (41%)

23(53.5%) (54.7%)

11(25.5%)(30.6%)

43

Semi Urban 7(21.8%) (31.8%)

15(46.8%) (35.7%)

10(31.2%)(27.8%)

32

Rural 6(24%) (27.2%)

4(16%) (9.5%)

15(60%)(41.6%)

25

Total 22 42 36 100

Table 4.5 shows that, total 43% of Urban area constituted by 9% via advertising, 23% via Trade

fair and 11 % from family and friends. The total of rural area 25% constituted by 6% from

advertising, 4% from trade fair and 15% from family and friends. So it is clear that there is a lack

of advertisement and trade fair in rural area

Graph 4.5 Area of living and way of knowledge about Coir Board

Page 38: project on coirboard

Table 4.6 Gender and Brand Consciousness of respondents

Opinion

Gender

Yes No Total

Male 35

(58.3%)

(74.4%)

25

(41.7%)

(47.1%)

60

Female 12

(30%)

(25.5%)

28

(70%)

(52.8%)

40

Total 47 53 100

Table 4.6 infers that, 47% of respondents are conscious about brand and 53% of respondents are

not conscious. While we looking at Yes total column, we can see that, 74% constituted by male.

So let us assume that, male respondents are more brand conscious.

Graph 4.6 Gender and Brand Consciousness of respondents

Page 39: project on coirboard

Table 4.7 Income And Brand Consciousness of respondents

Opinion

IncomeYes No Total

25000- 1 lkh 15(42.8%) (31.9%)

20(57.1%) (37.7%)

35

1 – 2 Lkh 17(37.8%) (36.1%)

28(62.3%) (52.8%)

45

Above 2 Lkh 15(75%) (31.9%)

5(25%) (9.4%)

20

Total 47 53 36

While we analyzing Table 4.7 we can see that as income increases, people become more brand

conscious. Let us take the example of Yes total column, 75% of yes total column constituted by

above 2 lakhs category.

Graph 4.7 Income And Brand Consciousness of respondents

Page 40: project on coirboard

Table 4.8 Area and Brand Loyalty (Only purchasing from Coir Board)

Only from Coir BoardArea

Yes No Total

Urban 11(25.5%) (44%)

32(74.4%) (42.7%)

43

Semi Urban 8(25%) (32%)

24(75%) (32%)

32

Rural 6(24%) (24%)

19(76%) (25.4%)

25

Total 25 75 100

Table 4.8 reveals that, the respondents are not that much brand loyal in coir products. From table

4.8 , we can see that 75% of respondents are buying coir product from other stores also.

Graph 4.8 Area and Brand Loyalty (Only purchasing from Coir Board)

Page 41: project on coirboard

Table 4.9 Period of Customership and Brand Loyalty.

Only from Coir

Board

Period

Yes No Total

1-2 Years 7

(14.9%)

(28%)

40

(85%)

(53.4%)

47

2-5 Years 12

(37.5%)

(48%)

20

(62.5%)

(26.7%)

32

More than 5 years 6

(28.5%)

(24%)

15

(71.4%)

(20%)

21

Total 25 75 100

Table 4.9 shows that, 47% of the total respondents belonging to 1-2 years of customership, 32%

have 2-5 years of experience with the company and 21 % respondents have more than 5 years of

customership.

Graph 4.9 Period of Customership and Brand Loyalty.

Page 42: project on coirboard

Table 4.10 Income and Brand Loyalty

Only from Coir Board

IncomeYes No Total

25000-1 lkh 6(17.1%) (24%)

29(82.8%) (38.7%)

35

1 lkh to 2 lkh 15(33.4%) (60%)

30(66.7%) (40%)

45

Above 2 lkh 4(20%) (16%)

16(80%) (21.4%)

20

Total 25 75 100

The table 4.10 is an extension of table 4.9 cross tabulated with income. It says that the total of

brand loyal respondents 75% constituted by 38.7% 25,000- 1 Lakhs category, 40% from 1-2

Lakhs category and 21.4% respondents have more than 2 lakhs of income

Graph 4.10 Income and Brand Loyalty

Page 43: project on coirboard

Table 4.11 Gender and Opinion about Coir Board

Opinion

Gender

Coir Board is

the Best

Coir Board is not

the best

Total

Male 41

(68.4%)

(62.1%)

19

(31.7%)

(55.9%)

60

Female 25

(62.5%)

(37.8%)

15

(37.5%)

(44.1%)

40

Total 66

34

100

Table 4.11 reveals that, among the total respondents, 66% of respondents have an opinion like

Coir Board is the best and 34% of respondents says coir board is not the best.

Graph 4.11 Gender and Opinion about Coir Board

Page 44: project on coirboard

Table 4.12 Living Area and opinion about Coir Board.

Opinion

Area of living

Coir Board is the Best

Coir Board is not the best

Total

Urban 23(53.4%) (34.8%)

20(46.5%) (58.8%)

43

Semi Urban 24(75%)

(36.3%)

8(25%)

(23.5%)

32

Rural 19(76%)

(28.7%)

6(24%)

(17.6%)

25

Total 66 34 100Table 4.12 is an extension of table 4.11 cross tabulated with area of living. When opinion cross

tabulated with living area, we can see that the total 66% of respondents who think coir board is

the best constituted by 34.8% from urban area, 36.3% from semi urban area and 28.7% from

rural area.

Graph 4.12 Living Area and opinion about Coir Board.

Page 45: project on coirboard

Table 4.13 Gender And satisfaction towards Behaviour of staffs

Behaviour

Gender

Good Average Low Total

Male 24

(40%)

(57%)

27

(45%)

(65.8%)

9

(15%)

(53%)

60

(60%)

Female 18

(45%)

(42.8%)

14

(35%),

(34%)

8

(20%)

(47%)

40

(40%)

Total 42

(42%)

41

(41%)

17

(17%) 100

Table 4.13 is about the satisfaction of customers towards staffs’ behavior. The table infers that,

42% of the respondents are very happy with the behavior, 41% of respondents mentioned it as

average and only 17% felt it as low

4.13 Gender And satisfaction towards Behaviour of staffs

Page 46: project on coirboard

Table 4.14 Living area and satisfaction towards behavior of staffs.

Way of Info

Area of living

Good Average Low Total

Urban 15(34.9%) (35.7%)

20(46.5%) (48.7%)

8(18.6%)(47%)

43

Semi Urban 12(37.5%) (28.5%)

15(46.8%) (36.5%)

5(15.6%)(29.4%)

32

Rural 15(60%)

(35.7%)

6(24%)

(14.6%)

4(16%)

(23.5%)

25

Total 42 41 17 100

Table 4.14 shows satisfaction towards staffs’ behavior on the basis of living area. The table

shows that the total column of low constituted by 47% of urban area. So it is clear that, urban

area people seeks more good behavior from staffs’ side.

Graph 4.14 Living area and satisfaction towards behavior of staffs.

Page 47: project on coirboard

Table 4.15 Gender and ambiance of the store Opinion

Gender

Good Averge Poor Total

Male 19(31.7%)(63.3%)

26(55.3%)(43.3%)

15(25%)

(65.2%)

60(%)

Female 11(27.5%)(36.7%)

21(44.7%)(52.5%)

8(20%)

(34.8%)

40(%)

Total 30(%)

47(%)

23(%)

100(%)

Table 4.15 shows that 30% of respondents opinion was Ambience of the store is good,47% of

respondents saying average, and 23 % of respondents saying poor. From 30% of respondents

considers 19% of male & 11% of female, From 47% of respondents considers 26% of male & 21

% of female, From 23% of respondents considers 15% of male & 8% of female. so majority of

awareness about the ambiance of the store is male respondents& ambiance of the store is

average.

Graph 4.15 Gender and ambiance of the store

Page 48: project on coirboard

Table 4.16 Income and ambiance of the store Opinion

Income

Good Averge Poor Total

25,000-1 Lkh 15(50%)

(42.9%)

12(34.3%)(25.5%)

8(26.7%)(22.9%)

35(%)

1 Lkh-2 Lkh 9(30%)(20%)

22(46.8%)(48.9%)

14(31.1%)(60.9%)

45(%)

Above 2 Lkh 6(20%)(30%)

13(27.7%)(65%)

1(4.3%)(5%)

20(%)

Total 30(%)

47(%)

23(%)

100(%)

Table 4.15 Reveals that below 1Lkh income based respondents are 35%,1Lkh-2Lkh income

based respondents are 45%,&above 2Lkh income based respondents are 20%.From total

respondents, 30% of customers agreed ambiance of the store is good,47% of customers opinion

is average & 23% of customers opinion is poor.1-2 Lkh income based customers are more aware

about the ambiance of the store.

Graph 4.16 Income and ambiance of the store

Page 49: project on coirboard

Table 4.17 Period of customership and lastability of product Lastability/Period

High Medium Low Total

1-2 yrs 18(38.3%)(51.4%)

21(44.7%)(44.7%)

8(17.02%)(44.4%)

47(%)

2-5 yrs 9(25.71%)(28.1%)

15(31.91%)(46.9%)

8(25%)

(44.4%)

32(%)

Above 5 yrs 8(51.42%)(38.09%)

11(23.40%)(53.4%)

2(11.11%)(9.52%)

21(%)

Total 35 47 18 100

Table 4.17 Shows lastability of products is deals with the period of customership.35% of

customers opinion is lastability of products is high,47% of customers opinion is medium,& 18 of

customers saying Low .so the lastability of the product is below 5yrs.

Graph 4.17 Period of customership and lastability of product

Page 50: project on coirboard

Table 4.18 Income and and lastability of product Lastability

Income

High Medium Low Total

25,000-1 Lkh 16(45.7%)(45.7%)

14(29.8%)(40%)

5(14.3%)(27.8%)

35(%)

1 Lkh-2 Lkh 11(31.4%)(24.44%)

26(55.3%)(57.8%)

8(17.8%)(44.4%)

45(%)

Above 2 Lkh 8(22.9%)(40%)

7(14.9%)(35%)

5(27.8%)(25%)

20(%)

Total 35(%)

47(%)

18(%0

100(%)

Table 4.17 infers that From Below 1Lkh income based customers (35%),16% is highly

satisfied,14% satisfaction is average& 5% is low satisfaction.From 1Lkh-2Lkh income based

customers(45%),11% of customers are highly satisfied,26% of customers are average& 8% of

customers are less satisfied.From above 2Lkh income based customers(20),8% of customers are

saying highly satisfied,7% of customers satisfaction is average& 5% of customers less satisfied.

Graph 4.18 Income and and lastability of product

Page 51: project on coirboard

Table 4.19 Gender and Quality of products

Opinion

Gender

Good Average Poor Total

Male 19(31.7%)(63.33%)

30(53.6%)(50%)

11(18.3%)(78.65)

60(%)

Female 11(36.7%)(27.5%)

26(46.4%)(65%)

3(7.5%)(21.4%)

40(%)

Total 30(%)

56(%)

14(%)

100(%)

Table 4.19 shows that the quality of products is average and also good.30% of peoples opinion

isThe quality of product is good,56% of customers opinion is average&14% of customers

opinion is poor.

Graph 4.19 Gender and Quality of products

Page 52: project on coirboard

Table 4.20 Best part of Coir Board and Living area Areaopinion Urban Semi urban Rural Total

Quality

11

(25.6%)(42.3%)

8

(25%)(30.8%)

7

(26.9%)(28%)

26(%)

Versatility12

(27.9%)(40%)

10(31.2%)(33.3%)

8(26.7%)(32%)

30(%)

Price 7(16.3%)(43.8)

6(18.8%)(37.5%)

3(18.8%)(12.%)

16(%)

Market goodwill 13(30.2%)(46.4%)

8(25%)

(28.6%)

7(25%)(28%)

28(%)

Total 43(%)

32(%)

25(%)

100(%)

Table 4.20 shows the best part of coir board.From total percentage of customers,30% of

customers prefere versitality,26% of customers prefer Quality,16% of customers prefer price&

28% of customers prefer arket goodwill.so the majority of customers is saying the best part coir

board is versitality,& the Quality & market goodwill also equaly important.

Graph 4.20 Best part of Coir Board and Living area

Page 53: project on coirboard

Table 4.21 Best part of Coir Board and Gender Genderopinion

Male Female Total

Quality

15(25%)

(57.7%)

11(42.3%)(27.5%) 26(%)\

Versatility17

(28.3%)(56.7%)

13(43.3%)(32.5%)

30(%)

Price 10(62.5%)(16.7%)

6(37.5%)(15%)

16(%)

Market goodwill 18(64.3%)(30%)

10(25%)

(35.7%)28(%)

Total 60(%)

40(%)

100(%)

Table 4.21 shows that the best part of coir board by quality,versitality,price &market goodwill.

the male customers are more aware about the coir board better than female customers.From 60%

of male customers,17% are prefer versitality&18% will considers market goodwill. From 40% of

female customers,13% are prefer versitality&11% of customers prefer quality. so Quality,Market

goodwill & Versitality is equaly important.

Graph 4.21 Best part of Coir Board and Gender

Page 54: project on coirboard

Table 4.22 Gender and way of problem solving

Opinion Gender

Effective Neutral Ineffective Total

Male 32(53.3%)(69.6%)

18(30%)

(51.4%)

10(16.7%)(52.6%)

60(%)

Female 14(35%)

(30.4%)

17(48.6%)(42.5%)

9(22.5%)(47.3%)

40(%)

Total 46(%)

35(%)

19(%)

100(%)

Table 4.22 infers that, the way of problem solving is very effective . from 60% of customers

opinion is the way of problem solving is very effective. From 40% of female customers 14% are

agreed with male customers.

Graph 4.22 Gender and way of problem solving

Page 55: project on coirboard

Table 4.23 Income and Way of problem solving Opinion Income

Effective Neutral Ineffective Total

25,000-1 Lkh 14(40%)

(30.4%)

11(31.4%)(31.4%)

10(52.6%)(28.6%)

35(%)

1 Lkh-2 Lkh 24(53.3%)(52.3%)

16(35.6%)(45.7%)

5(11.1%)(26.3%)

45(%)

Above 2 Lkh 8(40%)

(17.4%)

8(40%)

(22.9%)

4(20%)

(21.1%)

20(%)

Total 46(%)

35(%)

19(%)

100(%)

Table 4.23 shows that,From below 1Lkh income based customers 14% of customers opinion is

the way of problem solving is effective & 11% of customers are satisfied.from 1-2 Lkh, 24% of

customers opinion is effective & 16% of are saying satisfied . From above 2Lkh, 8% of

customers are saying effective & 8% of customers are saying neutral.

Graph 4.23 Income and Way of problem solving

Page 56: project on coirboard

Table 4.24 Period of customership and relationship strategy. Opinion Period

High Medium Low Total

1-2yrs 19(40.4%)(44.2%)

16(34.04%)(44.4%)

12(25.5%)(57.14%)

47(%)

2-5 yrs 12(27.9%)(37.5%)

14(43.8%)(38.9%)

6(18.8%)(28.6%)

32(%)

Above 5 yrs 12(57.1%)(27.9%)

6(16.7%)(28.6%)

3(14.3%)(14.3%)

21 (%)

Total 43(%)

36(%)

21(%)

100(%)

Table 4.24 shows that the Customer relationship is depends on the purchasing period of time.

From table 43% of customers are highly satisfied,36% of customers are average& 21% of

customers are less satisfied.From the catogory of above 5yr, 12% of customers are highly

satisfied.

Graph 4.24 Period of customership and relationship strategy.

Page 57: project on coirboard

Table 4.25 Period Gender and relationship strategy. opinion Gender

High Medium Low Total

Male 28(46.7%)(65%)

21(35%)

(56.8%)

11(18.3%)(22.5%)

60(%)

Female 15(34.8%)(37.5%)

15(37.5)

(41.7%)

10(25%)

(47.6%)

40(%)

Total 43(%)

36(%)

21(%)

100(%)

Table 4.25 shows that, 43% of customers are highly satisfied from the customer relationship of

coir board. From 60% of male customers 28% of customers are highly satisfied. From 40% of

female customers 15% of are highly satisfied.

Graph 4.25 Period Gender and relationship strategy.

Page 58: project on coirboard

Table 4.26 Income and price Opinion

Income

Low High Total

25000- 1 Lakhs 24(68.6%)

(31.6%)

11(31.42%)

(45.8%)

35(%)

1-2 Lkh 36(47.3%)

(80%)

9(20%)

(37.5%)

45(%)

2yrs 16(21.05%)

(80%)

4(16.7%)

(20%)

20(%)

Total 76(%) 24(%) 100(%)

Table 4.26 shows that, From below 1Lkh income based customers,24% of are satisfied with the

price.from 1-2Lkh,36% of satisfied with price&From above 2Lkh,16% customers satisfied with

price.Majority of the satisfaction of price is very high

Graph 4.26 Income and price

Page 59: project on coirboard

Table 4.27 Gender and Price Opinion

Gender

Less High Total

Male 60(76.7%)(60.5%)

14(23.3%)(58.3%)

60(%)

Female 30(39.4%)(75%)

10(25%)(41.7)

40(%)

Total 76(%) 24(%) 100(%)

Table 4.27 infers that, From 60% of male customers,46% respondents are satisfied with price.

From 40% of female customers, 30% of are satisfied with price. the ratio of satisfaction about the

price is 2:3.

Graph 4.27 Gender and Price

Page 60: project on coirboard

Table 4.28 Period of customership and PriceOpinion

Period

Yes No Total

1-2 yrs 34(72.3%)(44.7%)

13(54.2%)(27.7%)

47(%)

2-5yrs 28(36.8%)(87.5%)

4(12.5%)(16.7%)

32(%)

Above5yrs 14(18.4%)(66.7%)

7(27.26%)(33.3%)

21(%)

Total 76(%) 24(%) 100(%)

Table 4.28 shows that 1-2 yrs 34% of customers satisfied with price. It Refers recent 1-2 yrs the price level going customers satisfied manner. The overall satisfaction of product is high. The recent years they are following better pricing strategies.

Graph 4.28 Period of customership and Price

Page 61: project on coirboard

Table 4.29 Income and satisfaction towards discountOpinionincome

Yes No Total

25000- 1 Lkh23

(65.7%)(35.4%)

12(34.3%)(34.3%)

35(%)

1-2 Lkh 28(62.2%)(43.1%)

17(37.8%)(26.2%)

45(%)

Above 2 Lkh 14(70%)

(21.5%)

6(30%)

(17.14%)

20(%)

Total 65(%) 35 100(%)

Table 4.29 Inferes that the satisfaction of customers in discounts from coir board during festival

season,From total respondents of customers, 65% respondents are safisfied with the

discounts,35% of customers not satisfied.From 1-2 Lkh income based customers are highly

satisfied compare to below 1Lkh and above 2Lkh catogorised customers

Graph 4.29 Income and satisfaction towards discount

Page 62: project on coirboard

Table 4.30 Gender and satisfaction towards discount OpinionGender

Yes No Total

Male 43(71.7%)(66.2%)

17(28.3%)(48.6%)

60(%)

Female 22(33.8%)(55%)

18(51.4%)(45%)

40(%)

Total 65(%) 35(%) 100(%)

Table4.30 shows that 65% of customers are satisfied with the discounts,43% of customers are

male& 22% of customers are female. From the table male customers are prefer more discounts

for the products.35% of customers are not satisfied with the discounts. Its lack awareness about

discounts during festival season.

Graph 4.30 Gender and satisfaction towards discount

Page 63: project on coirboard

Table 4.31 Gender and Damage during consumption OpinionGender

Yes No Total

Male 16(26.7%)(57.1%)

44(73.3%)(61.1%)

60(%)

Female 12(42.9%)(30%)

28(70%)

(38.9%)

40(%)

Total 28(%) 72(%) 100(%)

Table4.31 shows that From total of respondents 72% respondents are saying they does not have

any errors or complaints coir board and coir products.It is because way of problem solving and

cutomer relationship is very effective.

Graph 4.31 Gender and Damage during consumption

Page 64: project on coirboard

Table 4.32 Period of customership and Damage during consumption Opinion

Period

Yes No Total

1-2 yrs 12(25.5%)(42.9%)

35(74.5%)(48.6%)

47(%)

2-5yrs 7(25%)

(21.9(%)

25(78.1%)(34.7%)

32(%)

Above5yrs 9(32.1%)(48.9%)

12(57.1%)(16.7%)

21(%)

Total 28(%) 72(%) 100(%)

Table 4.32 shows that From Above 5yrs categorised customers(21%),9% of respondents are

saying they have complaints,12% respondents are saying they does not have any complaints

during the purchasing years. Because of the customer relationship strategy, Market goodwill &

quality of products is very effective and high.

Graph 4.32 Period of customership and Damage during consumption

Page 65: project on coirboard

Table 4.33 Living area and Communication process with the company OpinionArea Effective Neutral Ineffective Total

Urban21

(48.8%)

(43.8%)

14(32.6%)(43.8%)

8(18.6%)(40%)

43(%)

Semi Urban18

(56.3%)(37.5%)

9(28.1%)(28.1%)

5(15.6%)(25%)

32(%)

Rural9

(36%)(18.7%)

9(36%)

(28.1%)

7(28%)(35%)

25(%)

Total 48(%) 32(%) 20(%) 100(%)

Table 4. 33 Refers that the communication process of coir board is very effective in urban area

compared to semi urban and rural area.But related to rural area the communication process is

very less.It is because of less awarness about the coir board and coir products& lack of

advertizments.48% of respondents are saying effective communication process 21% of are from

urban area,18% from semi urban area& 9% from rural area

Graph 4.33 Living area and Communication process with the company

Page 66: project on coirboard

Table 4.34 Period of association and Communication process with the company Opinion period

Effective Neutral Ineffective Total

1-2 yrs 20(42.6%)(41.7%)

12(25.5%)((37.5%)

15(31.9%)(75%)

47(%)

2-5yrs 17(53.1%)(35.4%)

13(40.6%)(40.6%)

2(6.2%)(10%)

32(%)

above 5yrs 11(52.3%)(22.9%)

7(21.8%)(33.3%)

3(15%)

(14.3%)

21(%)

Total 48(%) 32(%) 20(%) 100(%)

Table 4.34shows that the customer relationship from the period of 1-2 yrs is very

effective(20%).Above 5yrs categorised customers opinion is the customer relationship is

effective related to others. The recent years they provide better tools for improvement of

customer relations.

Graph 4.34 Period of association and Communication process with the company

Page 67: project on coirboard

Table 4.35 Gender and Opinion Opinion

Gender

Price Quality Brand name Total

Male 20(33.3%)(67.7%)

28(46.7%)(57.1%)

12(20%)

(57.11%)

60(%)

Female 10(25%)

(33.33%)

21(52.5%)(43.9%)

9(22.5%)(43.6%)

40(%)

Total 30(%)

49(%)

21(%)

100(%)

Table 4.35 Shows that the majority of customers prefer the Quality of products. From total

percentage of respondents 49% of customers are prefers the quality of products.30% of

customers are consider price and 21% of customers consider the brand name.

Graph 4.35 Gender and Opinion

Page 68: project on coirboard

Table 4.36 Income and Opinion Opinion

Income

Price Quality Brand name Total

25,000-1 Lkh 12 (34.3%)(40%)

16 (45.7%)(32.7%)

7 (20%)

(33.33%)

35(%)

1 Lkh-2 Lkh 11 (24.4%)(36.7%)

24 (53.33%)(48.9%)

10(47.6%)(22.22%)

45(%)

Above 2 Lkhs 7 (35%)(23.3%)

9 (45%)

(18.36%)

4(20%)

(19.04%)

20(%)

Total 30(%)

49(%)

21(%)

100(%)

Table 4.36 shows Infers that the below 1Lkh income based customers are 35%,1Lkh-2Lkh

income based customers are 45%,Above 2Lkh income based customers are 20%.From Total

percentage of customers, 49% of are provide more preference to the quality of product. Secondly

they prefer the price of the product. And lastly they prefer the brand name.

Graph 4.36 Income and Opinion

Page 69: project on coirboard

Table 4.37 Gender and Overall satisfaction Opinion

Gender

High Medium Low Total

Male 22 (36.7%) (57.9%)

24(40%)

(58.53%)

14 (23.33%) (66.7%)

60(%)

Female 16 (40%)

(42.1%)

17(42.5%)(41.5%)

7 (17.5%) (33.3%)

40(%)

Total 38(%)

41(%)

21(%)

100(%)

Table 4.37 shows the overall satisfaction of coir board products.From Total number of respondents, 60% of are male customers and 40% of are female customers.22% of male customers & 16% of female customers are highly satisfied. Majority of customers’ satisfaction is average from the total number of customers.Graph 4.37 Gender and Overall satisfaction

Page 70: project on coirboard

Chapter-5

Findings and Suggestions

Page 71: project on coirboard

Findings

Through the light of this study, the author found some advantages and disadvantages in

the existing customer relation system. The author also suggests some ways to overcome

those disadvantages faced by the company.

Following are the major findings identified by the author from the study.

The study revealed that the public awareness of Coir Board is high and it builds

reputation and trust in the market. The reason behind this large scale awareness is

positive word of mouth. Since Coir Board is a government undertaken organization,

people used top trust without fear.

The study infers that, Coir Board have lack of sales promotional activities such as

advertising, trade fairs, exhibitions, seminars, etc. it is quite important that an

organization should be visible to public and public should feel comfort to buy it. A good

advertising effort and other similar activities will promote the brand name up to an

extent.

The study shows that customers are not that much brand loyal on coir products. It is not

only for coir board, the entire coir sector don’t have that much role for brand loyalty

Majority of the customers are happy with the ability and behaviour of staffs, even though

17% of customers felt it as poor, this have to enquire.

Since a retail outlet is directly interacting with customers, it should be well settled with

all the needed facilities and it should get a good ambiance. The study infers, majority of

the respondents felt it only as average

The reason behind every successful business lies on its’ quality. This study found that

majority of the customers mentioned it as average and a less number people rated as low.

Even the number is less, it should be enquired and rectify.

Page 72: project on coirboard

The study revealed that, majority of the customers have an opinion that, Coir Board have

an excellent customer relationship strategy and only very less people mentioned it as

poor.

This shows that Coir Boards’ customer relationship strategy is good and it helps in

building brand reputation.

Majority of the customers mentioned lastability as average. Only a less number

mentioned it as good. This may be because of the bad effect they faced.

According to the respondents’ opinion, the price of Coir Board products are not that

much high. About 76% respondents mentioned it as low and rest only mentioned it as

high.

Page 73: project on coirboard

Suggestions

While we looking at the overall satisfaction, we can see that, majority of the respondents

mentioned it as medium. To improve the responses from medium to good Coir Board

have to install some other formulas. Following are some suggestions mentioned by the

author for strengthening the Customer Satisfaction

Proper advertising and large number of trade fairs will make more goodwill and people

get noticed by those things. To catch the market, Coir Board can do these kind of things.

To build brand loyalty in customers’ mind, it is possible to provide certain special

schemes such as old replacement, special packaging, etc

To rectify the problems and improve the sales, Coir Board can provide training to all

levels of staffs, who are dealing directly or indirectly with the affairs.

Currently staffs are not getting incentives on the basis of sales. When there is an incentive

scheme, staffs began to work hard to convince people and ultimately that leads to more

profit to the organization.

To improve quality of product, it is possible to start a new wing to ensure the desired

quality and needed development in the field.

To improve lastability and quality, encourage and sponsor research works from educated

youth.

A well established customer retention strategy will help an organization to retain the

existing customers. Some studies showed that it is 3 times cheaper to retain existing

customers rather than spending money to attract more customers.

Page 74: project on coirboard

Chapter-6

Conclusion

Page 75: project on coirboard

Conclusion

Customer Satisfaction is very much essential in every industry. In today’s scenario proper

quality and after sales service should be provided to the customers as it will help in retaining the

customers and attracting more. This study was done in Coir Board, which is a government

undertaken company. The study conducted to identifying the importance of maintaining the

satisfaction level of customers by providing good quality and service

The study helped to understand the present condition in area of Customer Satisfaction

Management and service. Customers have more choices and channels, available on demand.

Organizations must earn goodwill with every interaction in increasing market complexity. Thus

organizations should maintain Customer relationship and regard customers as their assets.

Coir Board is an apex institution in the field of Coir Board. Since Coir Board is a government

undertaken organization, the aim of Coir Board is not only profit, but also the industrial growth.

The study consist of both questionnaire survey and observation survey. A structured

questionnaire is used to obtain feedback from the customers. The data was analysed on the basis

of variables fixed such as gender, income, period of customership and area of living.

The data analysis revealed that the customers of Coir Board are happy and only few numbers felt

it as a bitter experience. Even though some areas like Staffs’ ability, lastability, etc should be

improved

The whole study revealed the fact that the existing Customer Satisfaction level in Coir Board is

sufficient except some minute areas. So by implementing more effective managerial actions, it is

possible to add more profit to the organization.

The author hopes this study will definitely help the organization to improve up to a certain level.

Page 76: project on coirboard

Bibliography

Page 77: project on coirboard

Bibliography

Text Books Referred

Abraham Koshy, Kevin Lane Keller, Mithileshwar Jha, Philip Kotler, Marketing

Management A South Asian Perspective, Pearson Education India 2006

Andersen H., Andreasen M., Jacobsen , The CRM Handbook. From Group to

Multiindividual, PricewaterhouseCoopers, 1999.

Arthur L.Flitner, Commercial Insurance, American Institute for CPUC 2008

Arunkumar, N. Meenakshi, Marketing Management, Vikash Publications 2006

Brown S.A., The Customer Relationship Management: Linking People, Process and

Technology, Wiley & Sons, 1999.

Buttle, Francis , Customer Relationship Management: Concepts and Tools, Elsevier

publishers, 2004

Drozdenko, Ronald G. and Perry D. Drake , Optimal Database Marketing: Strategy,

Development, and Data Mining, Sage publishers, 2002

Gordon I., Relationship Marketing, new strategies, techniques and technologies to win

the customer you want and keep them forever, J. Wiley & Sons, 1998.

Kimball P. Marshall, Marketing Information Systems: Creating Competitive Advantage

in the Information Age, Boyd & Fraser Publishing Company, 1996.

Kothari.C.R, Research Methodology Methods and Techniques, New Age International

Publishers 2004

Mukerjee, Kaushik, Customer Relationship Management – A Strategic Approach to

Marketing,' Prentice Hall India, 2007.

Naresh Verma, Business Process Management: Profit from Process, Global India

publications Pvt. Ltd. 2009

Page 78: project on coirboard

Newell, Frederick , Why CRM Doesn't Work: How to Win by Letting Customers Manage

the Relationship, Bloomberg publishers, 2003

Raman, V. Venkata, and G. Somayajulu, 'Customer Relationship Management – A Key

To Corporate Success,' Excel Books, 2003

Rud O.C., Data Mining Cookbook: Modeling Data for Marketing, Risk and Customer

Relationship Management, Wiley & Sons, 2000

Rudani.R.D, Baics of Marketing Management, S.Chand Group Publishers 2005

Saxena, Rajan, Consumer Behaviour:Understanding the Buyer, Tata McGraw-Hill

Publishers 2005

Shainesh. G, Jagdish N Sheth, Customer Relationship Management : A Strategic

Perspective, Macmillan Publishers India, 2005.

Shajahan.S, Marketing research concept and practice in India. Macmillan Publishers 2005.

Sontakkai.C.N, Marketing management, Kalyani Publication 2005.

Subhash.C.Jain, Marketing planning strategy, Thomson Publishers 2007

Sharma.B.S, International Marketing Management, Indo American Books 2007

Page 79: project on coirboard

Appendix

Customer Satisfaction, Coir Board products, Questionnaire 1. Name :

Page 80: project on coirboard

2. Gender : Male Female

3. Annual Income : 25,000-1 lakh 1 lakh-2 lakhs Above 2 lakhs

4. Where you are living? Urban Area Semi Urban Area Rural Area

5. From where did you hear about Coir Board?

Advertisements Trade Fairs Family and Friends

6. How long you have been a customer of Coir Board

1-2 Yrs 2-5 Yrs Above 5 Yrs7. Are you conscious about the brand name “Coir Board”?

Yes No

8. Are you purchasing Coir products only from Coir Board?Yes No

9. Do you think, Coir Board is the best in the Field of Coir Products?Yes No

10. Which you will consider more?Price Quality Brand Name

11. How you will rate the collection in of shop?Good Average Poor

12. How you will rate the ambiance of the store?Good Average Poor

13. How you will rate the Quality of Products?Good Average Poor

14. How satisfied are you with the behavior of the staffs?High Medium Low

15. What you think as the best part of Coir Board?Quality Versatile Collection Price Market Goodwill

16. How you will rate the lastability of products?High Medium Average

17. Are you satisfied with the price?Yes No

18. Are you satisfied with the discount provided by Coir Board during the festival season?

Page 81: project on coirboard

Yes No

19. Have any error or complaint arisen during the consumption of products?

Yes No

20. What you think about the communication process with Coir Board?Effective Neutral Ineffective

21. How you will rate with the way problems are solving?Effective Neutral ` Ineffective

22. How effective is the Coir Boards’ Customer Relationship strategy?High Medium

23. How you will rate the overall satisfaction from Coir Board Products?High Medium Low

24. What suggestions you can give to Coir Board to improve efficiency in performance? Please

write down.


Recommended