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Body of INTERNSHIP PK PDF
Body of INTERNSHIP PK PDF
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4.3.2 Responsiveness..................................................................................................... 11
4.3.3 Assurance ............................................................................................................. 11
4.3.4 Empathy ............................................................................................................... 12
4.3.5 Tangibles .............................................................................................................. 12
4.4 SWOT Analysis ...................................................................................................... 12
4.4.1. Strength ............................................................................................................... 12
4.4.2. Weaknesses ......................................................................................................... 13
4.4.3. Opportunities ...................................................................................................... 13
4.4.4 Threats ................................................................................................................. 13
4.5 Marketing Mix........................................................................................................ 14
CHAPTER FIVE ................................................................................................................. 19
Finding Data and Analysis .............................................................................................. 19
5.1 Respondent Profile ................................................................................................. 19
5.1.1 Gender.................................................................................................................. 19
5.1.2 Age ........................................................................................................................ 20
5.1.3 Education Level ................................................................................................... 21
5.2 Respondent Parches Behavior ............................................................................... 22
5.2.1 Visit Frequency.................................................................................................... 22
5.2.2 Price...................................................................................................................... 23
5.2.3 Product Quality ................................................................................................... 24
5.2.4 Product Design .................................................................................................... 25
5.2.5 Sales Associate Service ........................................................................................ 26
5.2.6 Outlet Ambiance.................................................................................................. 27
5.2.7 The behavior of the employees ........................................................................... 28
5.2.8 Facility of utility bill payment ............................................................................ 29
5.2.9 Keeps Promises .................................................................................................... 30
5.2.10 Information Availability ................................................................................... 31
5.2.11 Complaint Management ................................................................................... 32
Findings from analyzed data ........................................................................................... 33
Recommendations ............................................................................................................ 34
Conclusion ........................................................................................................................ 35
Reference: ......................................................................................................................... 36
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CHAPTER ONE
Introduction
(a)General Objective
(a) General Objective: This internship report is prepared primarily to fulfill the
Bachelor of Business Administration (BBA) degree requirement under the
Department of Marketing, Begum Rokeya University, Rangpur.
b) Specific Objective:
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1.3 Scope of The study
The main intention of the study is an evaluation of the customer satisfaction to find
understand and document the processes and activities carried by IJMA International
and co- relate them to get a clear picture of the level of the overall customer
satisfaction. The report covers details about the product and services, overview and
also facilities provided by the company to satisfy their customer. The main focus is on
the analysis of the standard of facilities, services provided by the company
1. Observation method:
Observation method is a method under which data from the field is collected with the
help of observation by the observer or by personally going to the field. Observation
method is very useful for any research or study but it is very expensive than other
method. Under this method, I observe things of the IJMA International specially my
related topic. I have observed many of the activities of the service oriented queries of
the valued customers in the branch.
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2. Questionnaire method:
Questionnaire method is probably the best method to collect information compared to
other methods. A questionnaire method is a research instrument consisting of a series
of question for the purpose of collect information from respondents. One set of
questionnaire was used to collect primary information about "The Measuring of
Customer Satisfaction of IJMA International: A Study on Rangpur City". I prepared
my questionnaire with close ended questions. The questionnaire is given at the end of
the report.
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1.6. Research Methodology
1.6.5 Tools
Microsoft word and Microsoft excel version 2007 is used to tabulate and analyze the
valid response.
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CHAPTER TWO
Literature Review
Great customer support systems will concentrate on interacting well with clients,
answering questions, and exceeding expectations. This strategy helps companies
connect with consumers and build strong relationships, holds customers. So service is
so important so I am trying to get feedback about service to the customer. There is
some importance quote about service by experts.
The primary objective of this study is to find the inter-connections between the
attributes of service quality, product feature, product quality, service quality and
customer satisfaction in Bangladesh's retail market. The study seeks to classify the
most important attributes in retail market which could be used to examine retail
market as experienced by customer. A research review was carried out to find out the
connection between quality of service, customer satisfaction and customer loyalty.
Literature review confirms this relation. An information- gathering survey was
conducted. The sample size was drawn from 30 retail market customer.
Customer satisfaction has been considered the essence of success in today's highly
competitive retail market industry. It's mentioned that the customer is the king and
profit and growth are stimulated primarily by customer loyalty. The cost of serving a
loyal customer is five or six times less than a new customer. Several researchers
including found that loyalty is a direct outcome of customer satisfaction. Generally
speaking, if the customers are satisfied with the provided goods or services, the
probability that they use the services again increase. Also, satisfied customers will
most probably talk enthusiastically about their buying or the use of a particular
service; this will lead to positive advertising.
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CHAPTER THREE
Company Profile
Type: Partnership
Distribution department.
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Product:
Water purifier
PS
UPS
Air conditioner
3.5 Vision
To spread our business in 64 districts with surety of safe water and high quality of
electronic product and service.
3.6 Mission
To make positive impact in the markets where they operate, to empower partners and
he community and to make meaningful long-term relationship through the trust they
earn daily.
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CHAPTER FOUR
Customer Satisfaction analysis
A customer's expectations about a product tell us how he or she anticipates how that
product will perform. As it is suggested in the literature, consumers may have various
"types" of expectations when forming opinions about a product's anticipated
performance. For example, four types of expectations are identified by Miller (1977)
ideal, expected, minimum tolerable, and desirable. While, Day (1977) indicated
among expectations, the ones that are about the costs, the product nature, the efforts in
obtaining benefits and lastly expectations of social values, Perceived product
performance is considered as an important construct due to its ability to allow making
comparisons with the expectations.
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4.3 The five factors to measure efficiency
There are 5 important elements perceived by the professionals that are crucial to
assuring the great of better administration so that it will raise the measurement of
profitability. They may be reliability, responsiveness, guarantee, empathy, and
tangibles These 5 factors pick out the exceptional of interplay amongst customer and
company, the pleasure of physical environment nice and end result excellent of the
administration which leads the general help of the location of perfection of excellent
from our diagram, we found that how these elements affect their pride stage.
4.3.1 Reliability
lt was the potential to play out guaranteed management correctly as a consequence of
retailing, reliability is crucial because if the patron imagines that the corporation
cannot preserve its management suitable later on they may not keen on retailing. From
our overview. we see that the good size majority of the clients choose IJMA
International because they suppose it's far reliable compared to others in case of
giving numerous one in all a type function. In preferred, customers have a notion that
IJMA International is capable to present all of the administrations they presented.
4.3.2 Responsiveness
It method the capacity to play out the guaranteed administration appropriately because
of banking, reliability is important. Because if the customer imagines that the
enterprise cannot continue its administration suitable afterward they may not be
enthused about banking with PBL. From our audit, we see that a big portion of the
clients pick out CBL because they assume it's far dependable compared to others in
case of giving numerous interesting capabilities (Bangladesh worldwide). In
preferred, customers have a belief that CBL is capable to present all the
administrations they supplied.
4.3.3 Assurance
It approaches the records and ability of the personnel to create agree with in the mind
of the customers approximately the completion of the assignment correctly and at the
timetable. Clients have an excellent notion of CBL that they perform in step with their
guarantee. The warranty has a wonderful impact on the high-quality of the
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administration due to the fact if guarantees are not kept clients may additionally
alternate to another bank.
4.3.4 Empathy
To guarantee higher service it's miles important for the personnel to have empathy.
Empathy giving character interest and taking greater care of the purchaser. IJMA
International has younger and enthusiastic personnel that have interaction with
customers pleasantly and they constantly ask approximately their pressure and
dissatisfaction of each customers
4.3.5 Tangibles
Tangibles are a vital thing as it coordinates the patron mind about the best of the
service. Tangibles are bodily facilities, equipment, and so on used inside the context
of a management company. Internal ornament, siting arrangements, the temperature
of the room, cleanness fragrance everything controls the notion of customers about
the satisfactory of the administration. IJMA International has confirmed nicely inner
ornament in all their branches and they endeavor to preserve the standard in their
administration's cape equal everywhere in the global.
4.4.1. Strength
Superior service quality
Modern facilities and computer
Interactive corporate culture
Good number of branches
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Online promotional scope
4.4.2. Weaknesses
Limited Workforce
Lack of investment
Local socio-economic situation
Less scope of advertising
Less Promotional Initiative
4.4.3. Opportunities
Loan facility to expansion business
Diversified investment opportunity
The market are being expanse
Adding product and products addition
4.4.4 Threats
New competitors
Employee management
Contemporary banks
compete with multinational brand
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4.5 Marketing Mix
What is marketing mix…??
The marketing mix refers to the set of actions, or tactics, that a company uses to
promote its brand or product in the market. The typical marketing mix - Price,
Product, Promotion and Place.
It helps to make sure that you are able to offer your customers the right product, at the
right time and at the right place for the right price.
The term "marketing mix" is a foundation model for businesses, historically centered
on product, price, place, and promotion. The marketing mix has been defined as the
"set of marketing tools that the firm uses to pursue its marketing objectives in the
target market.
Description:
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Stabilizers are based on Save Power Technology to give High Performance, Better
Reliability during frequent Power Cuts and Voltage Fluctuation.
Key features:
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Product: 3 Microtek Digital UPS XP 2300:
All Microtek UPS XP Series Models are based on IPS Technology and Saves
Electricity so that every UPS JM becomes free in 3 Years.
Warranty : 2 Years
Key features
Display
Mains On
Ups On
Battery Charging
Overload
Battery Low
Fault Indication
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Product: 3 AQUA PRO WATER PURIFIRE:
100% Pure Water This products Virus, Bacteria, RO Membrane, Human Heir
(0.4-1,0.02-0.4,0.0001,75-85) Macron.
Brand: Heron
Origin: China
Membrane: USA
Filtration Stage: Five
Hot Water: 1.5 L
Normal Water: 8 L
Technology: Reverse Osmosis
Price:
Pricing decisions should take into account profit margins and the probable pricing
response of competitors. Pricing includes not only the list price, but also
discounts, and other options. The IJMA International, Rangpur follows set their
price mainly two strategies. One is the cost of Import product and the other is
competitor basis.
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Place:
Place (or placement) decisions are those associated with channels of distribution
that serve as the means for getting the product to the target customers. The
distribution system performs transactional, logistical, and facilitating functions.
Distribution decisions include market coverage, channel member selection,
logistics, and levels of service.
Promotion:
The IJMA International carry out their promotional activities by some ways.
Those are:
Billboard
Miking
Leaflet
Online ads
Personal selling are the most effective way to promote their product in the
customer mind.
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CHAPTER FIVE
Finding Data and Analysis
With the purpose of measure the satisfaction of the customers a sequence of questions
were asked to the customers with the help of a questionnaire, the data from these
questions are tabulated below.
5.1.1 Gender
From the 30 spontaneous respondents, it is found that,
Gender
30
25
24
20
15
10
5
6
4.4
2.4 0 0
0
Male Female Others
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Interpretation: Above diagram shows that most of the respondent, whom has been
conducted through personal interview were male and female where 24 respondents
were male and respondents were female.
5.1.2 Age
From the 30 spontaneous respondents, it is found that,
Age
12
10
10
8
8
6
6
3 3
2
0
18-25 25-35 35-45 45-55 55-65
Interpretation: Above diagram shows that most of the respondent, whom has been
conducted through personal interview were male and female , as 10 respondents were
18-25 years, 6 respondents were 25-35 , 8 respondents were 35-45 years , 3
respondents were 45-55 years and 3 respondents were 55-65 + .
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5.1.3 Education Level
0 0 1 20 9
Education
25
20
20
15
10 9
1
0 0
0
Primary Secondary Higher Secondary Graduate Post Graduate
Series 1
Interpretation: Above diagram shows that most of the respondents was educated
where 20 respondents among 30 were Graduate. 9 respondents were post graduated
and only 1 was higher secondary.
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5.2 Respondent Parches Behavior
0 1 2 2 25
Visit Frequency
30
25
25
20
15
10
0 1 2 2
0
Extremely often Very often On occasion Often(Yearly) First Time
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5.2.2 Price
2 4 17 5 2
Price
18
16 17
14
12
10
8
6
6
4
4
2
2 2
0
Extremely fair Very fair Fair Slightly fair Not fair
Series 1
Interpretation: Above diagram shows that most of the respondents was satisfied for
product price because 17 respondents think price was reasonable according to product
quality. Where 4 respondents think prices was very fair and 2 were think 2 extremely
fair. But 8 respondents were dissatisfied.
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5.2.3 Product Quality
1 10 11 4 4
Product Quality
12
11
10
10
4
4 4
1
0
Extremely Better Better Moderately Better Slightly Better Not Better
Interpretation: Above diagram shows that most of the respondents were satisfied
because one respondent thought extremely better, 10 respondents Better and 11
respondents Moderately Better. Total 22 positive reviews mean IJMA International
provide quality product. But there were 8 respondents were dissatisfied.
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5.2.4 Product Design
5 10 6 7 2
Product Design
12
10
10
7
6
6
5
4
2
2
0
Extremely Better Better Moderately Better Slightly Better Not Better
Interpretation: Above diagram shows that most of the respondents were satisfied
because total 21 respondents gives positive review where only 9 were dissatisfied.
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5.2.5 Sales Associate Service
8 15 5 2 0
14 15
12
10
8
8
6
4 5
2
2 0
0
Extremely Helpful Helpful Moderately Helpful Slightly Helpful Not Helpful
26
5.2.6 Outlet Ambiance
Outlet Ambiance
14
12
12
10
8 9
4 5
4
2
0
0
Extremely Organized Organized Moderately Slightly Organized Not Organized
Organized
Interpretation: This diagram shows IJMA International's has well organized outlet
ambiance because 26 respondents thought outlet ambiance were organized.
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5.2.7 The behavior of the employees
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5.2.8 Facility of utility bill payment
Payment
25
20 21
15
10
5 7
0 2 0
0
Bank Payment bKash, Rocket, Hand Cash Check Not Organized
Nagad Payment
Interpretation: This diagram show IJMA International has various types of payment
method. Where 21 respondents pay by Hand cash, 7 respondents by Bkash, Rocket,
Nagad and 2 were by bank check. So we can assume most of the respondent feel
comfortable for payment method.
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5.2.9 Keeps Promises
9 11 6 4 0
Keeps Promises
12
11
10
9
8
6
6
4
4
0
0
Excellent Good Neutral Poor Very Poor
30
5.2.10 Information Availability
0 5 20 5
Information Availability
25
20
20
15
10
5
5 5
0
0
Extremely Available Available Deficiency High Deficiency
Interpretation: This chart show information of product are not available in online and
offline. Only 5 respondents among 30 know about product.
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5.2.11 Complaint Management
3 10 12 5
Complaint Management
14
12
12
10
10
8
4 5
2 3
0
Excellent Good Enough Not Enough
Interpretation: this chart shows that this company has lack of concern on compliant
management. To provide better services every company should try to address
customer compliant.
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Findings from analyzed data
From the analysis of the review, I found both positive and negative discoveries. By
comparing these discoveries, I can decide the customer satisfaction level.
(a) Among 30 respondents 23 think price of products are reasonable. For selling a
product and service price is pretty serious issue because before buying a customer
thought about price.
(b) 20 respondents think the company keep promise of their expectation. If customer
think company keep their promise then company will be able carry on long term
strong relationship.
(c) Payment method is good because almost every way to pay had installed.
(d) in the case of Outlet ambiance out of 30 respondents 21 are satisfied, so that's
pretty good.
(f) Only 50 % respondent thinks product quality is good, company should concern on
improving their product quality.
(g) Only 11 respondents are satisfied with product design so they should try to
develop product design.
(i) 19 respondents never seen any type of advertisement, that remarks negative.
(j) 25 customers made their purchase for the first time that is not favorable situation
because there is possibility to move on others brand.
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Recommendations
IJMA International is very active and always concern about their services, but they
have no concern with updated technique. They have very less concern on
advertisement and spreading of information. IJMA Internationals should trying to
improve their customer services according to their need and demand. But as customer
satisfaction is dynamic function and new interns are coming as competitors so they
have to ready for this as well and for this they should give more importance to the
following issues.
(a) Study and analyze the market in a regular basis so that they can find out
customers need and demand in a regular basis and this will help to find out
customer are happy or unhappy.
(b) Regular monitoring will help to know where customers are unhappy like,
pricing, design, product quality or services.
(c) IJMA International should take necessary steps to increase customer's
satisfaction by lowering product price.
(d) IJMA International should make easier communication way to customers by
spreading information like most of the customers watch TV, reed daily
newspaper, so they have to give Rangpur based TV and newspaper
advertisement.
(e) IJMA International want to grab more young generation customer and a good
number of this generation listen radio so they have to target this media for
advertising as well.
(f) Marketing team should give more importance on visibility like increase more
attractive colorful shelf talker; make some significant difference in displaying
different product so that consumer gets easy to notice the product.
(g) They should try to develop their product design,
(h) They should have a forecasting time to get in the market with exclusive
product marketing.
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Conclusion
IJMA International is the crown less king in retail market in Rangpur. I have worked
in their Marketing department and during this time period I got an opportunity to
observe their marketing and managing retail environment. The main objective for this
survey is to see what customers think about overall IJMA International. It also helps
to build more strong relationship with customers and increase the sale. In addition of
their CSR activities they also do various promotional activities to grab customer's
attention. This report also will help to take decision of their promotion and service
improvement. The report has given a platform to understand the customer's
expectation and demand. Therefore if IJMA International wants to carry on their
position in this way they have to continuous study on customer, their market and offer
constant services so that in the long run they can run smoothly and face every
challenges.
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Reference:
Marketing Research, an Applied Orientation - Naresh K Malhotra.
www.google.com
Interview from customers of IJMA International
Interview from different employees of IJMA International.
Principles of marketing, Philip Kottler.
Marketing management (14th edition), Philip Kottler.
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