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Customer Satisfaction Towards Coca Cola Shivam Patel Rbmi
Customer Satisfaction Towards Coca Cola Shivam Patel Rbmi
Session: 2019-2021
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ACKNOWLEDGEMENT
The successful completion of that task would not be completed without the
expression of gratitude to the people who made it possible. I take this
opportunity to acknowledge all those who guided, encouraged and helped
me in winding up this summer training project report.
I feel greatly honored for having done my summer training project report. I
thank them with full zeal and enthusiasm that they gave this big
opportunity to me.
Last but not the least; I would like to extend my deep sense of gratitude
and thanks to my Parents, Friends and God in successful completion of this
summer training project report.
SHIVAM PATEL
MBA III SEM
1
DECLARATION
SHIVAM PATEL
MBA III SEM
2
TABLE OF CONTENT
INTRODUCTION 1-10
CONCLUSIONS 82-84
SUGGESTIONS 85-87
BIBLIOGRAPHY 88
QUESTIONNAIRE 90-92
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INTRODUCTION
4
INTRODUCTION
is the sole end and Purpose of all production and the interests of the
consumer’s interests are attended to. Here then arise very vital
questions .how can a marketer ensure that his /her firm is Able to respond
in the quality of the service it is offering to its customers. This again will
the quality of the product or service will decide whether it matches the
consumer expectations or not, But the firm and marketer must make all
5
The aim of this chapter is to provide an insight into the
Computerization
Today consumer is looking out for value for money. The challenge
before the Marketer is to identify what value would appeal and convince
The focus and challenge before every firm is to rebuild around its
consumer .it should be able to perceive, interpret, serve and satisfy the
customer with the type of product and services he desires and arm itself
the firm are required to interact directly with the consumers and end
users.
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They can have access to every person and function within the
satisfaction.
to Customer.
delight.
Expectation:
upon A very high platform. Then the quality of the product of the
service may not match the expectations. this again will effect the
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So as to reduce the level of dissatisfaction amongst the consumer,
then evaluate each market opportunity against these .the most probable
market size
stability of demand
aspect.
performance.
8
Working towards enhancing consumer satisfaction:
add value for their consumer by offering products or services just the
making process.
namely:-
and so on.
9
During-sales: when the consumer is engaged in experiencing on how to
After sales-period: this refers to the period when the consumer has
Presales period:
its price.
how to obtain it
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During sales period:
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The feeling derived from comparing a product’s perceived
expectations.
brand. but consumers who are highly satisfied are less likely to switch in
A very satisfied consumer will stay more years with the company
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Similarly two different consumer s may be “highly satisfied” by a
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CUSTOMER
SATISFACTION
14
CUSTOMER SATISFACTION
CUSTOMER SATISFACTION
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participate in an industry that is an oligopoly, where only a few suppliers of a certain
product or service exist.
As such, many cell phone plan contracts have a lot of fine print with provisions
that they would never get away if there were, say, a hundred cell phone plan providers,
because customer satisfaction would be way too low, and customers would easily have
the option of leaving for a better contract offer.
Customer satisfaction:
Customer satisfaction is defined as "the number of customers, or percentage of
total customers, whose reported experience with a firm, its products, or its services
(ratings) exceeds specified satisfaction goals."
Consumer satisfaction:
Purpose:
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Although sales or market share can indicate how well a firm is performing
currently, satisfaction is an indicator of how likely it is that the firm’s customers
will make further purchases in the future. Much research has focused on the
relationship between customer satisfaction and retention. Studies indicate that
the ramifications of satisfaction are most strongly realized at the extremes.
Willingness to recommend is a key metric relating to customer satisfaction.
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organization being measured. Their satisfaction is generally measured on a five-point
scale.
Good quality measures need to have high satisfaction loadings, good reliability,
and low error variances. In an empirical study comparing commonly used satisfaction
measures it was found that two multi-item semantic differential scales performed best
across both hedonic and utilitarian service consumption contexts.
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There are various ways of measuring customer satisfaction. Each has its own
importance; one cannot just stick to a particular concept and say this is the accurate
way of measuring customer satisfaction.
line like-P&G, whirlpool, establish hot lines with toll free members. Certain companies
are using websites and emails for quick, prompt response from the consumer and in
Studies show that although customers are dissatisfied with one out of every
purchase, less than 5% will complain. Most customers will buy less or switch suppliers.
surveys, While collecting data, it is also useful to ask additional questions the
Ghost shopping:
Companies can hire people to pose as potential buyers to report the strong and
weak points experienced in buying the company’s and competitor’s products. The
mystery shoppers can even test how the company’s sales personnel handle various
In a hyper competitive economy, with increasingly rational buyers, a company can win
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Understanding customer value
Companies succeed in attaining these value chain and value delivery network.
Value Chain:
Michael porter of Harvard proposed the value chain is a tool for identifying
ways to create more customer value. Every firm is a synthesis of activities that are
performed to design, produce and market, deliver and support its product. The value
chain identifies 9 strategically relevant activities that create value and cost in a specific
support activities. The primary activities represent the sequence of bringing materials
into the business, converting them into final products, shipping out final products,
management, planning, finance, accounting, legal and government affairs that are borne
The firm’s task is to examine its costs and performance in each value. Creating
activity and to look for ways to improve it. The firm should estimate its competition
costs and performance as bench marks against which to compare its own costs and
performance. It should go further and study the best of class practices of the world’s
best companies.
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The firm’s success depends not only on how well each department performs its
work, but also on how well the various departmental activities are coordinated. Too
often company departments act to maximize their interests. A credit department may
take a long time to check prospective customer’s credit worthiness so as not to incur
bad debts. Meanwhile, the customer waits and the sales person is frustrated. A traffic
department chooses to ship the goods by the rail to save money and again the customer
waits. Each department has created walls that slow down the delivery of quality
customer service. The solution to these problems is to place more emphasis on the
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customer’s. Clearly, the more loyal the customer’s the higher the customer equity,
value equity, brand equity and relationship equity.
Value Equity:
Value equity is the customer’s objective assessment of the utility of an offering
based on perception of its benefits relative to its costs the sub drivers of the value
equity and quality, price and convenience. Each industry has to define the specific
factors underlying each sub driver in order to find programs to improve value equity.
An air line passenger might define equity as seat width; a hotel guest might define
equity as room size. Value equity makes the biggest contribution to consumer equity.
When products are differentiated and when they are more complex and need to be
evaluated. Value equity especially drives customer equity in business market.
Brand Equity:
Brand equity is the customer’s subjective and intangible assessment of the
brand above and beyond its objectivity perceived value. The sub drivers of brand equity
and customer brand awareness, customer attitude towards the brand and customer
perception of brand ethics. Companies use advertising, public relations and other
communication tools to affect these sub drivers. Brand equity is more important than
the other drivers of customer equity where products are less differentiated and have
more emotional impact.
Relationship Equity:
Relationship equity is the customer’s tendency to stick with brand above and
beyond objective and subjective assessment of its worth. Sub drivers of relationship
equity include loyalty programs, special recognition and treatment program,
community building programs. Relationship equity is especially important where
personal relationship count for a lot and where customers tend to continue with supplier
out of habit.
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Forming Strong Customer Brands:
The basic companies that want to form strong relationship need to attend the
following basics:-
Create superior product, services and experience for the target market.
Make it easy for customers to reach appropriate company personnel and express
their needs, perception and complaints.
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anyone who happen to be available, who know to explain the details of the product or
service.
Adding Structural Benefits:
Company can supply customers with special equipments or computer linkages
that help customer manage orders, payroll and inventory.
People can be loyal to their country, family and beliefs bur less to their
toothpaste, soap or even better. The marketer should aim at increasing the consumer’s
productivity to repurchase the company’s brands.
Rationale Of The Study:
Customer satisfaction is one of the most important functions of marketing. In
the present globalization era, it is very important for any organization. So, effective
maintenance of customer satisfaction is needed for every organization. Thus SafexIndia
Pvt. Ltd.., should follow the best methods of customer satisfaction to increase their
sales as well as brand image in the market.
For every organization maintaining best customer satisfaction is the first step. If
this foundation is strong then there is a lot of chance for the organization to increase
theireffectiveness at key points. So, finally customer satisfaction becomes heart of
particular organization.
So, studying is made to understand the customer satisfaction activities in the
organization and to know what extent their activities have been successful in
organization development.
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NEED AND
IMPORTANCE STUDY
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NEED AND IMPORTANCE OF STUDY
every business to focus on its customers in order to retain and increase its
customer base.
what the consumer feels about the product in the phase of competition.
A study of this kind may help the company to find out the reason
in the light of the above problem the researcher felt that a comprehensive
study on these matters will help the company to identify &take the
corrective measures.
competitor’s with equal or better offers. for this purpose company need
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OBJECTIVE OF THE
STUDY
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OBJECTIVES OF THE STUDY
cola.
products.
market. the type of data that is required makes it all more important to
device the right method of collecting the data. the present survey mainly
coca-cola.
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RESEARCH
METHODOLOGY
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OF RESEARCH
RESEARCH METHDOLOGY
researcher.
RESEARCH DESIGN
what procedures.
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THE RESEARCH DESIGN CONTAINS THE FOLLOWING
sample selection
SAMPLING DESIGN
Target market- the primary data was collected from the Brindavan
Beverages, Bareilly.
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RANDOM SAMPLING: known as probability sampling or chance
selected.
1.primary data
2.secondary data.
instrument.
FIELD SURVEY:
area of study :the study has been carried out in the bareilly district.
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LIMITATION OF STUDY
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LIMITATIONS OF STUDY
fluctuations.
research is limited.
since most of the consumers were in busy 100% outcome was not
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COMPANY PROFILE
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COMPANY PROFILE
History of coca-cola
the street to Jacobs pharmacy .for five cents, consumers would enjoy
,carbonated water was teamed with the new syrup, producing a drink that
suggested the name and penned coca-cola in the unique flowing script
that is famous world wide today mr.robinson thought “the two c ’s would
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Coca-cola began as fountain product .but candy merchant joseph
Bottling partners
through a vast
located around the world ,and most are independent businesses. using
our bottling partners package and market products, then distribute them to
more than 8million customers and more than 2million vending machines
high quality soft drinks. in the year 1989-99 we have made acquisitions
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business
business partnership. the coca –cola company develops the product while
with other ingredients and Packages the beverages in bottles, cans and
fountain containers.
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Management philosophy
Corporate area
the beverage Industry and not diversify in to other areas. the management
industry requires little capital, and Produces maximum returns .the returns
Financial area
management
flow.
Marketing area
execution. this is
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The brand
company. As far as the branch management concerned ,we find that coca-
cola ranks itself As the third only after Microsoft and louis vuitton.
Products
International brands
carbonated drinks.
The product was made public on may 8 th 1886. Diet coke: was launched
in 1982 to target the market of the light products. Caffeine free coca-cola
classic :was launched 19883 which aims at customers who want limit
its taste. Cherry coke :the first cherry flavoured cola was launched in
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launched in 1961.fanta is the world third best selling soda and the world’s
Indian brands
For the local market in India coke has the following brands.
Maaza
Thumsup
Limca
Sprite
Fanta
Kinley
Citra
Gold spot
Georgia
Diet coke
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The non-carbonated market
maid: offers frozen concentrated fruit juice launched in 1998. Ice tea:
varied flavors and sweetness in a line of ice teas was created with cokes
water.
Refreshments:
CSDs: Coca-cola,fanta,sprite,thumsup,limca.
Rejuvenation:
Replenishment:
Coca-cola India
coke has its concentrate plants at pune producing 10 brands. its company
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AP region
Hyderabad
80%market share.
systems that create value for our company ,our bottling partners and our
customers.
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Coca -cola,the world’s most powerful trademark, and other highly
valuable TRADEMARKS.
SYSTEM.
products.
enterprise.
allocated.
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1.coca-cola’s trademarks:
that bonds our trademarks ,principally coca-cola with the 5 billion people
and package
quality.
Coca-cola will never hesitate to adjust our product line to keep the
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may become necessary due to changes in the desire and needs of our
consumers. In doing this ,we will never compromise the integrity of our
customers who sell them and the people who buy them coca-cola values
defined by their desire and ability to strengthen our relationship with the
people who buy our products.We will always help bottlers serve our
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Coca-cola relation ship with the communities we serve must be
of a kind that
3.coca-cola’s CUSTOMERS:
relationships
with our customers that are mutually beneficial and that ultimately
mere supplier, but must instead Make sure every customer views us a
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4.coca-cola’s PEOPLE:
the right thing and never sacrificing our long-term integrity or viability to
relevant skills.
skills of our people and the Ideas and execution they bring. The most
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The broad understanding of, and focus on our obligations to protect
thoughtfully and
Quickly.
and effectively.
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The confidence to develop people into competitive, performance-
assert it Selves within their global system, from the production of its
products, to the Servicing of its customers, to the caring for its consumers.
5.coca-cola’s resources:
the company’s Character and the image it projects. Coca-cola will focus
And consumers.
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Coca-cola will invest our resources, financial and otherwise, in the
smartest way Possible. Coca-cola will spend every dollar and working
hour in the most efficient And effective way it can. Coca-cola will be
good stewards of the valuable relationships that have been created over
the years with its customers .coca-cola will help them in every way We
Understanding that its growth and profitability are dependent upon their
diminishing in value.
7.Coca-cola’s commitment
pledge to:
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aggressively focus all we are and all we do on making our
6.coca-cola’s leadership:
and skills . they will do this by taking responsibility for developing coca-
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Asserting coca-cola ability to develop and control systems , instead
communication that does not stall action , but instead encourages trust
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Facts about coca-cola:
world drink
placed end to end , the bottles would reach all the way to the moon
miles high
placed end to end the bottles would wrap around the equator
20,051 tomes.
if all the coca-cola ever produced were to erupt from “old faithful “
at its normal rate of 15,000 gallons per hour, the geyser would flow
years.
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Facts about coca-cola
slogans used:
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1979-Have a Coke and a Smile
1982-Coke is it!
1987-When Coca-Cola is part of your life, you can beat the feeling!
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ANALYSIS AND
INTERPRETATION
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ANALYSIS AND INTERPRETATION
TABLE – 1
300
250
200 100
Percentage of (%) respondents
150
Number of
Respondents
100
39.33 150
50 20.67 21.33
59 18.67
31 32 28
0
Daily Once in Once in Any Total:
two a week other
days
1 2 3 4
How oftently people consume soft drinks depending upon given chart we
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consumers, daily use consumers are 20.6%.among the total consumers
39.3% are consuming weekly once ,and 21.3% of consumers are taking
Soft drinks twice in week ,and remaining 18.6%of people are taking soft
drinks in occasions.
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TABLE - 2
2. Types of Brands
300
250
1 2 3
behind this is to find out brand image of the coca-cola brands compared
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to other competitors.from the responses of the consumers ,coca-cola has
the highest brand image in the in the consumers with the 84.6%.
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TABLE -3
120
100
80 38.6
Percentage of (%) respondents
60 30
26 Number of
Respodnets
40
58
20 45 39
5.3
8
0 0
> 10 years 5 to 10 1 to 4 years < 1 year
years
1 2 3 4
From the response we can know that 30%of the respondents are
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respondents are consuming this brand from 1 to 5 year and 5.3% of the
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TABLE – 4
300
250
200 100
Percentage of (%) respondents
150
Number of Respondent
59.3
100
150
50 89
17.3 16.6
2.6 26 25 2.6 5.2
8 0.6
0 4 4 1 0 0
Thums Up
Total:
Maaza
Limca
Coca-cola
Sprite
Fanta
Kinley Soda
Others
Kinley Water
1 2 3 4 5 6 7 8 9
From the above graph we can know that 2.6% of the respondents
respondents are like sprite, 16.65%of the respondents are like maaza,2.6%
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of the respondents are like limca, and 5.2% of the respondents are like
fanta, and 0.6% of the respondents are like kinley water and 0% for soda.
From the responses from the consumers it can be concluded that sprite
has always been obvious choice for soft drinkers because it guarantees a
great quality and giving the consumer great value for money.
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TABLE – 5
Purchasing of
Number of Percentage of (%)
S.No. Coca – cola
Respondents respondents
brands
1 200 ml 108 72
2 300 ml 23 15.3
3 600 ml 0 0
4 5 Ltrs 19 12.6
Total: 150 100
300
250
200 100
100
150
50 108
15.3 12.6
23 19
0 0
200 ml 300 ml 600 ml 5 Ltrs Total:
1 2 3 4
consumers are referring 200ml bottles for the sake of consumption. 12.6%
of the consumers are preferring 1.5 litres bottle & remaining consumers
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TABLE – 6
300
250
200 100
Kirana
Shops
Others
Bakeries
Hotels
1 2 3 4 5
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respondents are consuming at kirana shops and 9.3% are consuming at
outside.
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TABLE – 7
300
250
200 100
100 52.6
150
50
79
12.6 10.6 13.3 10
19 16 20 15 2
0 3
Traveling
friends
Total:
At home
During
Outside
Parties
meals
With
1 2 3 4 5 6
From the above graph ,it can be concluded that 12.6% are taking
soft drinks at arties, 10.6% are taking soft drinks in the traveling ,13.3%
TABLE – 8
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8. Impact Coca-cola products are very highly priced
160 150
140
120
100
100
76 Number of Respondent
80
Percentage of (%) respondents
60 50.6
38
40 29
24
17.3
20 76.84
0 0
0
Total:
Agree
Disagree
Disagree
disagree
Strongly
or agree
Strongly
Either
agree
1 2 3 4 5
The above graph shows that the prices of the coca-cola products
are reasonable. From the above graph 24%of the respondents are strongly
agreeing that the prices are very high, 17.6% of the respondents are agree
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about high prices of coca-cola products. and 52.6% are disagreeing about
prices, and remaining 6.8% are not accepting the high prices.
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TABLE – 9
160 150
140
120
100
100
81 Number of Respondent
80
Percentage of (%) respondents
60 54
35
40
23
20 12 8 85.3
74.6 42.6 3 2
0
Availability
Taste
Total:
Brand
Price
name
Quality
Variety
Package
1 2 3 4 5 6 7
From the above ,it can be concluded that ,most of the consumers of
coca-cola products are satisfied with the taste ,quality, and brand name
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and very satisfied consumer is likely with the brand and consume more
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TABLE – 10
Kinds of
advertisement Number of Percentage of (%)
S.No.
preferred for Coca- Respondents respondents
cola
1 Advertisements 24 16
2 Hoardings 18 12
3 News Papers 105 70
4 Television 3 2
Total: 150 100
160 150
140
120 105 100
100
Number of Respondent
80 70
Percentage of (%) respondents
60
40 24
16 18
20 12
3 2
0
Television
Advertisements
Total:
Hoardings
News Papers
1 2 3 4
The above graph shows that most of the consumers are preferring
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77
TABLE – 11
160 150
140
120
100
100
Number of Respondent
80
Percentage of (%) respondents
60 52 49
40 30 34 32.6
20 19
20 12.6
0 0
0
Total:
disagree
disagree
Cola
Agree
Disagree
Strongly
Strongly
agree or
Either
agree
1 2 3 4 5
The above graph shows that the consumer behavior towards the
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with the schemes.
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TABLE – 12
53.3
1
2
80
towards the pesticide problem and they are not believed that problem.
And 46.6% of the respondents are negative and they believed the
problem.
TABLE – 13
80
Coca-cola is easily Number of Percentage of (%)
S.No.
available Respondents respondents
1 Yes 120 80
2 No 30 20
Total: 150 100
Yes
80
1
2
120
the consumers. From the above graph we can say that majority of the
TABLE – 14
Yes
76
1
2
114
brands of coca-cola .it can be concluded that most of the consumers are
very satisfied with the brands of coca-cola. Only few consumers are not
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CONCLUSION
83
CONCLUSIONS
The company offered its stock in the New York stock exchange on
that date.
1993 this has been it’s reentry in the Indian market after with
because of taste&quality.
84
70% of the consumers are preferring television advertisement.
bakeries.
product.
products.
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SUGGESTION
86
SUGGESTIONS
the highly regulated trade and bring down the cost of sales.
fruit juices.
Bring awareness among the people & the consumers about recent
Bring awareness among the people & the consumers about your
schemes.
places also.
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Many competitor’s are existed in the market ,so coca-cola company
Use more plastic bottles in order to carry the soft drinks in the
Please donate some amount of your profits to the old age homes
and welfare of the society. So that your company can get good
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BIBLIOGRAPHY
89
BIBLIOGRAPHY
Oxford University.
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QUESTIONNAIRE
91
QUESTIONNAIRE
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9.Coca-cola products are very highly priced give your views?
a)strongly agree b)agree c )disagree
d)strongly disagree e)neither agree or disagree
16.If you are asked to mention the main changes that you want in
the service of coca-cola products what would you say and please
give me any suggestions and any information?
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