Professional Documents
Culture Documents
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: match of price & value.
If mismatch occurs than switch over of brand
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technological
advancements results- new brands of new
company offers better performance as compared
to existing brand
service can be given
at three diff. levels- pre-sales, during sales &
after sales. Any dissatisfaction regards to
service result in brand switch over
various augmented
benefits offered by competitors
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technological
advancements, attractive offers, value added
services etc offered by competitors
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a customer can become a
brand defector due to:
pe moved away from market area where brand is
sold
Role changes in life cycle
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mustomer develops expectation.
So in that case org. must ensures quality &
availability of product at right time .
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Org. must provide supporting
services such as speedy replacement, simplified
complaint procedure, efficient maintenance &
repair service.
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: moncentration
must be on competitors performance, their strategy &
style of operations & comparisons with their own.
mustomer always make this comparison & decide
their future purchase pattern
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?resent mustomer Of Ours
mustomer
?rospective mustomer (mompetitors)
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must be done.
Org. may use external agencies & customer &
competitors analysis can be done.
Îm$# ,$$: Attention must also be on cost of
product.
Sincere efforts towards cost reduction without
compromising quality.
Org. must do value analysis.
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Before fixing price, the paying ability of customer
must be viewed
?rices are to adjusted within the paying ability of
customer
Org. may have to sacrifice small portion of profits
There exist benefit of long term relationship &
future opportunities
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Outcome of purchase decision:
1. ?urchase
2. Rejection
3. ?ostponement
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A large manufacturing company conducted the
first year of what was designed to be an annual
customer satisfaction survey. The first year, the
satisfaction score was 94%. The second year, with
the same basic survey topics, but using another
survey vendor, the satisfaction score dropped to
64%. Ironically, at the same time, their overall
revenues doubled!
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[ifferent survey designs, methodologies and
population characteristics dramatically alter the
results of the survey
1. The questions were simpler & phrased
differently
2. The order of the question was different
3. The targeted respondents were at a different
management level
4. The overall satisfaction question was placed at
the end of the survey
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Survey questions can be categorized into three
types:
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´pow satisfied
are you with XYZ company?µ
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satisfaction with key areas of
business e.g., sales, marketing and operation
etc.
['satisfaction with issues that are
unique to each attribute and upon which the
actions may be taken to directly remedy that
key attribute·s issues.
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1. The survey must keep to a reasonable length.
Over 60 question in a written survey will be
tiring. Anything over 8-12 questions begins
taxing the patience, of participants in a phone
survey.
2. The question should utilize simple sentences
with short words
3. Questions should ask for an opinion on only one
topic at a time. E.g., how satisfied are you with
our products and services?
4. Superlatives such as ´excellentµ or ´veryµ should
not be very used in questions. Such words tend
to lead a respondent toward an opinion
. ´Feel goodµ question yield subjective answers on
which little specific action can be taken. E.g.,
´how do you feel about XYZ company·s industry
position?µ
It will produce responses that are of no practical
value in terms of improving an operation.
)
Fill in the dots format was one of the most
common types of survey.
But there were flaws in it