A Study On Customer Satisfaction
A Study On Customer Satisfaction
A Study On Customer Satisfaction
Project report submitted in partial fulfillment of the requirements for the award
of the degree of
BACHELOR OF BUSINESS ADMINISTRATION WITH
COMPUTER APPLICATIONS
OF BHARATHIAR UNIVERSITY
Submitted by
PRASOBH.P
1925G0475
May-2022
CERTIFICATE
Place: Coimbatore
Date:
2
DECLARATION
PLACE: PRASOBH.P
3
ACKNOWLEDGEMENT
I would like to express my special thanks of gratitude to my guide Dr. V. Vaidehi Priyal ,
assistant professor as well as our Principal Dr. B. SATHEESH KUMAR ,who gave
me the golden opportunity to do this wonderful project on the topic “A STUDY
ON CUSTOMER SATISFACTION TOWARDS K.P NAMBOODIRIES
PRODUCT” which also helped me in doing a lot of research and I came to know
about so many new things ,
I heartly thank our project supporting guide Mrs. UMAMAHESHWARI HEAD
OF THE DEPARTMENT for her guidance and suggestions during this project
work.
I am really thankful to them
I would also like to thank my parents and friends who helped me a lot in finishing
this project within the limited time.
I am making this project not only for marks but also to increase my knowledge.
4
CHAPTER NO. TITLE PAGE NO.
LIST OF TABLES
LIST OF CHARTS
ABSTRACT
INTRODUCTION
STATEMENT OF THE
PROBLEM
OBJECTIVE OF STUDY
RESEARCH METHODOLOGY
REVIEW OF LITERATURE
ANALYSIS AND
INTERPRETATION
FINDINGS
SUGGESTIONS
CONCLUSION
BIBLIOGRAPHY
APPENDIX
5
SL. CONTENTS PAGE
NO NO
LIST
4.1 AGE
OF TABLES
4.2 GENDER
4.3 MARITUAL STATUS
4.4 EDUCATION
4.5 OCCUPATION
4.6 MONTHLY INCOME
4.7 BRAND OFK.P NAMBOODIRIESPRODUCT
4.8 USERS OFK.P NAMBOODIRIESPRODUCT
4.9 SATISFACTION LEVEL OF CUSTOMERS
4.10 SOURCE OF INFORMATION ABOUTK.P NAMBOODIRIES
PRODUCT
4.11 RECOMMEND THIS HIMALYA BRAND TO OTHER
4.25 INFLUENCE BY
6
7
SL. CONTENTS PAGE
NO NO
4.1 AGE
4.2 GENDER
4.3 MARITUAL STATUS
4.4 EDUCATION
4.5 OCCUPATION
4.6 MONTHLY INCOME
4.7 BRAND OFK.P NAMBOODIRIESPRODUCT
4.8 USERS OFK.P NAMBOODIRIESPRODUCT
4.9 SATISFACTION LEVEL OF CUSTOMERS
4.10 SOURCE OF INFORMATION ABOUTK.P
NAMBOODIRIES PRODUCT
4.11 RECOMMEND THIS HIMALYA BRAND TO OTHER
4.25 INFLUENCE BY
CHART OF CONTENT
8
9
10
Chapter-1
ABSTRACT
11
ABSTRACT
12
CHAPTER 2
INTRODUCTION
13
INTRODUCTION
A need is anything the consumer feels to keep himself alive and healthy. A transaction
consists of a value between two parties. A transaction differs from a transfer. A transfer
may receive nothing in return. The aim of marketing is to make sales in order to earn
reasonable profit for the procedure. k.P Namboodiris products has its wealth of
knowledge and research , in natural herbal remedies , to formulate a range of personal
care products that cater to our daily health needs . This range offers the goodness of
natural solution for daily use with no side effects. Personal care products are one of the
very essential and common use consumer product for every individual in their day to day
life irrespective of rich and poor, caste and religion, etc.
K.P Namboodiris is worldwide pioneer in the field of scientifically validated herbal health
care .Its reputation id for clinically studied, pure, and safe herbal health care products
that are based on extensive scientific validation and stringent quality controls. K.P
Namboodiris is the present portfolio of parametrical, personal care, well being and
health products K.P Namboodiris has involve in to a “head to heel” herbal wellness
company from giving the creative freedom to push be boundaries of research to fostering
a culture of open communications and diversity , the nurturing work environment brings
out the best in their team and allows K.P Namboodiris to developed the best products .
Each and every K.P Namboodiris employee is unique and contributes to the success of
organizations.
14
Chapter -3
STATEMENT OF PROBLEM
15
STATEMENT OF PROBLEM
Different varieties of the products are available in the market consumer prefer
the variety of products high quality, low price and attractive wrappers . Most of the
consumers are satisfied with quality products and some of the consumers prefer other
factor each product differs from one another in term of price, quality, quantity, offers
advertisement etc.
The competition is servers and the manufacture has to consider of the opinion
of the consumer .In the context, the research is interested in studying the consumer
preference and satisfaction towards the K.P Namboodiris products.
16
CHAPTER -4
OBJECTIVES OF STUDY
17
OBJECTIVES OF STUDY
To analyse the customer satisfaction towards K.P Namboodiris
products.
To know the factors which influence the buying decision of K.P Namboodiris products
18
CHAPTER-5
19
SCOPE OF THE STUDY
It is aimed to identified the satisfaction level of the customer and demand on various
benefits provided an promotional activity adoptively the company
It helps to identified the area where the company should focus in order to increase
there customer base and generate more prescription
The study brings out with a new plan and promotional activity which will create a
new customer base for the company
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CHAPTER-6
RESERCH METHODOLOGY
21
RESERCH METHODOLOGY
The study assume the characteristics of descriptive in order to study the customer
satisfaction towards K.P Namboodiris products among human in Kottayi
Gramapanchayath selected as a area of analysis of the study .
SOURCES OF DATA
A research can collect required information for the two sources namely:-
1.Primary data :
hand information. In this project primary data where collected from the
2.Secondary data
2
Secondary data is a data have been already collected by an readily available from other
sources .Articles, journals, newspapers and website
SAMPLE SIZE
Sample size is used conducted the studies only 50 respondents.
SAMPLE METHOD
The research was made by the survey in accordance convenience of the consumers. So
the sample size of convenience sampling.
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1. While analysis the primary data human error may occurred.
2. The time for study is very limited .
3. Highly cost
4. Whatever the data available in the books and internet are the limited source of
information for the customer satisfaction of K.P Namboodiris product.
Chapter 1: introduction
Chapter 2:Review of literature
Chapter 3:Therotical frame work
Chapter 4: Data analysis and interpretation
Chapter 5: Findings, Suggestion and Conclusion
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CHAPTER 7
REVIEW OF STUDY
24
REVIEW OF LITERUTURE
Deepallsingh (2001)
In his study’s enticed “entitled, “consumer behaviour and banking retail product and
analysis”. Stresses that the borrower’s attitude is an important factor for the
improvement of housing loan schemes. Ching-chow Yang (2003) has stated that
“consumer satisfaction measurement” highlights the strength and the area of
improvement in the quality of product. Continuous improvement is considered one of
the important quality activities for a firm to pursue the best quality for its products.
Through the continuous improvement actions, the enterprise can increase consumer
satisfaction and raise profits.
25
analysis have been used to analyse the data. Finding of the study reveals that there is no
significant relationship between personal information and level of satisfaction of K.P
Namboodiris product. This research study was conducted to increase our current
understanding of K.P Namboodiris personal care market in general and analyse consumer
decision making in particular.
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Using cosmetics in today’s life has become a necessity, and people are not
considering cosmetics as luxury. Every one want to use quality skincare products, and
there is a shift over from chemical based cosmetics to K.P Namboodiris products, for its
Ayurvedic base and quality. The study reveals that there is good awareness about K.P
Namboodiris Skincare products both among men and women. In this situation of growing
demand for skincare products and heavy competition, new strategies may be undertaken
to convince and attract more consumers.
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Mrs. Gurmeet Kanur (July 2016)
Identify the customer satisfaction was a measure of how an organisation‘s total
products performs in relation to a set off customer requirement . Organisation have
invested heavily in improving performance in areas that make a strong contribution to
customer satisfaction , such as quality and customer services it was founded that the
respondents were very much conscious about the quality rather than in the prise of the
cosmetic products.
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CHAPTER 8
OVERVIEW OF THE STUDY
29
INTRODUCTION
DIFINITION OF CUSTOMER
Customers can be of various types depending upon their ability to buy products or
services.
• Potential customer
• Loyal customer
• New customer
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• Discount customer
• Former customer
• Internal customer
1. Potential Customer
Kind of person who is very likely to buy the product or service offered by the business.
e.g. a customer looking for an apartment in a particular area becomes a potential
customer for the local realtors who would have a flat which will suit the requirements of
the customer. The customer might end up buying the apartment. Potential customers
can present an opportunity for the business to sellers and after qualification can convert
into a quote stage and eventually result in an order or a sale.
2. Loyal Customers
Those who are loyal to one business and repeat the purchases irrespective of minor
changes in parameters like price, quantity etc.
e.g. a customer who buys the same airline's ticket irrespective of price.
3. New Customer
The customers who have used the product or service for the first time from a particular
organization. Such customers can be switching from a competitor brand or may be new
entrant into the market.
e.g. a person buying car for the first time after a salary raise. From the perspective of the
organization, a new organization would acquire new customers from the market either
by launching a new product category altogether or launching a competitive product
offering in the market.
4. Discount Customer
Those who only buy or use the offering because it was on discount or offered cash back.
These people are more likely to switch brands easily if prices reduce unlike loyal
customers. e.g. A customer who takes a different flight based in the discounts offered
though the preferred airline brand was different based on past travels.
5. Former Customers
Those who were once buyer of one business and became buyers of a new business
because of some reason. These people would still be potential customers as they have
already tried the product or service once.
e.g. A person who used to buy a specific beverage switched to a more healthier
option offered by a competitor.
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6. Internal Customer
7. External Customer
An external buyer is a buyer of your services and products but external to your
organization. An example of your external consumer could be people buying your
products in the marketplace.
8. Intermediate Customer
Those who purchases the goods for re-sale e.g. retailers. The customers are part
of a longer supply or value chain.
Importance of Customer
Customer is the foundation for any business. A business cannot exist without a
buyer base. A buyer will pay for the offerings made by business and keep it going. It is
very important for a business to manage the customer really well as the same person can
become loyal and repeat translating into more business. These happy buyers would
advocate and refer your business to other potential buyer bringing in more business. In
short, a business cannot operate without business hence customer is of paramount
importance to any business.
Customer Vs Consumer
This article has been researched & authored by the Business Concepts Team. It has been
reviewed & published by the MBA School Team. The content on MBA School has been
created for educational & academic purpose only.
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Customer satisfaction
33
The Marketing Accountability Standards Board (MASB) endorses the definitions,
purposes, and constructs of classes of measures that appear in Marketing Metrics as part
of its ongoing Common Language in Marketing
Project
In a survey of nearly 200 senior marketing managers, 71 percent responded that they
found a customer satisfaction metric very useful in managing and monitoring their
businesses
HISTORY OF K P NAMBOODIRIS
K.P Namboodiris is an ayurvedic memedicine manufacturing company situated in
Thrissur city of Kerala state in India. It's also has an interest in personal care and
health care product. KP number series stands for kolathapplilly pothayan
namboodiri. The company was started in 1925 why is founder K.P nambudri in
Thrissur.
OVERVIEW
K.P Namboodiris commitment to the community is part of our core values.
BRAND IDENTITY
“The promise of health, well-being and a prescription for good living” For centuries,
the K.P Namboodiris have been an icon of aspiration, of mans quest to unlock Natures
secrets. They represent purity and lofty ideals. The fact that the K.P Namboodiris are the
source of many of the herbs that are used in our products makes our brand name all the
more appropriate. OUR IDENTITY: The K.P Namboodiris brand has much in common
withthe mountain range from which it draws its name. For centuries, the K.P
Namboodiris have been an icon of aspiration, of mans quest to unlock Natures secrets.
They represent purity and lofty ideals. The fact that the k.P Namboodiris are the source of
many of the herbs that are used in our products makes our brand name all the more
34
appropriate. Our logo is a visual definition of our brand identity. The leaf that forms the
crossbar of the letter H evokes our focus on herbal healthcare. The teal green of our
logotype represents our proximity to nature, while the orange is evocative of warmth,
vibrancy and our commitment to caring. Everything that carries our logo is accompanied
by the high quality that has always been the K.P Namboodiris hallmark. The K.P
Namboodiris brand carries with it the promise of good health and well-being. It is our
endeavour to ensure that our logo becomes the symbol of a promise delivered.
OUR MISSION
Establish K.P Namboodiris as a science-based, problem-solving, Head-to-heel
brand, harnessed from natures wealth and Characterized by trust and healthy lives. ϖ
Develop markets worldwide with an in-depth and long-term Approach, maintaining at
each step the highest ethical standards. Respect, collaborate with and utilize the talents
of each member of the K.P Namboodiris family and the local communities where K.P
Namboodiris products are developed and/or consumed, to drive our seed-to-shelf policy
and to rigorously adopt eco-friendly practices to support the environment we inhabit.
Ensure that each K.P Namboodiris employee strongly backs the K.P Namboodiris promise
to exceed the expectations of the consumer, each time and every time. Nothing less is
acceptable. OUR VISION: “Put Ayurveda on par with modern medicine.”
PRODUCTION
Today, the company has created a state-of-the art Research and Development
facility at Bangalore, that is one of the best available, for traditional medicine anywhere
in the world .Over 40 qualified doctors and scientists are constantly at work, developing
and evaluating new drugs and therapies. K.P Namboodiris produces quality poly
herbalformulations. To monitor quality, many endangered herbs are grown by the
Company on its farmland. The principles of Good Manufacturing Practices (GMP) are
rigorously followed in the plant and the Company prides itself on being environment
friendly. As part of the environment control system, it had installed a modern effluent
35
treatment plant long before regulations mandated it. A high stress on quality, several
quality circles and special project teams working on Total Quality Management
(TQM)projects make quality a way of life in K.P Namboodiris. The manufacturing plant
uses automatic, high-speed punching, coating and filling machines. The tablet coating
facility is one of the largest in India. The plant can produce nearly 5billion tablets and 60
million bottles of liquids annually.
Geriforte tab. & syrup Zandra Zindel Zeal Zara Hospital Division
PROMOTIONAL STRATEGIES
Doctors meet programme (DMP) Reward Programme: Cash & Gift Pack Doctors kit
to passing out students of Ayurvedic medical college Gift to Doctors Gift to chemist on
achieving a target sales Special gift for core doctors Seasonal promotional activities
Special promotional campaign on special occasion, focused on specific medicines As for
example: World kidney day (11th March), mother’s day, etc. Sponsoring for special
events Doctors Meet Programme (DMP):K.P Namboodiris organizes Doctors Meet
Programme generally once in a month. The doctors are invited for a dinner
(party) in a good hotel or some good location. The executives of the
K.P Namboodiris meet with the doctors and they try to know their requirement. A PPT
presentation is given to doctors on a very few products. All the aspects of the product is
defined by a panel of experts and well trained executives. In the DMP doctors were
presented with some special gifts. The special focus were given on the core doctors.
Reward Activities: The K.P Namboodiris uses to doctors kit or some special gift to the top
3 rank holders of the Government Ayurvedic Medical College of Patna. Gift to Doctors:
K.P Namboodiris present gift to doctors to motivate them for more prescription. They
give special focus on their core doctors to keep them motivated and loyal for the K.P
Namboodiris. On achieving a fixed target they will be provided by a special gift from the
K.P Namboodiris
36
MARKET SEGMENTATION
Market for most of the goods is heterogeneous and is not homogeneous. Market
consists of buyers who differ in many respects. Two potential buyers of a product are
never identical in all respects. They may differ from one another in their wants
purchasing power, geographical locations, buying habits, in using the products, motives
for buying and so on. All consumers (doctors and chemist), therefore cannot be satisfied
with the same product. If the marketing management analyses it as a whole market, the
maximum benefit cannot be attained. Hence, proper analytical study of market is
essential which can be achieved by dividing the whole market into mini sub-markets. On
the basis of their distinctive characteristics of the buyers who constitute the market. Each
such submarket is known as a market segment. According to Philip Kotler, market
segmentation is “The act of dividing a market into distinct groups of buyers who might
merit separate products and / or marketing mixes.” Markets can be segmented on the
basis of population, age, income, occupation, education, sex, degree of urbanization,
need, demand. Different companies are adopting different strategies to different market
segments
• Characteristics of products.
Market targeting
Market targeting is the process of taking decision regarding the market segment to be
served. At this stage, it is necessary to understand the terms target market and target
marketing. The term “Target Market” means, “A group of customers (doctors and
chemist) at whom the organization especially intense to aim its market effort”. On the
other hand, the term “ target marketing is one in which the seller distinguishes the major
market segments ; targets one or more of these segments and develops product and
marketing programs tailored to each selected segment.
MARKETING STRATEGIES
• Based on the mapping of market potentially untapped areas would be identified and
suitable number of retailers would be appointed based on demographic profile of the
prospective consumers.
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• Emphasis will be given more on the new doctors to motivate them for prescription
of .P, existing doctors for their continuity, chemist for having stock of K.P
Namboodiris.
• Distribution system should be good and smooth to meet the chemist demand on
time without any breakage.
• Commission providedto doctors should be high and there should be a system for
smooth reaching of commission to them.
• Chemist should get some more margins. This will attract them towards K.P
Namboodiris.
Selective specialization
38
↓
Product specialization
Market specialization
AWARENESS:The consumers about the quality of the K.P Namboodiris drugs and
effectiveness to establish a competitive advantage as compared to the competitors
Gift to Doctors Gift to chemist on achieving a target sales Special gift for core
doctors Seasonal promotional activities of Special promotional campaign on special
occasion, focused on specific medicines o As for example: World kidney day (11th
March), mother’s day, etc. o Sponsoring for special events K.P Namboodiris generally put
emphasis on ethical promotion and marketing.
Company provide gift items to the doctors to keep them motivated for prescription.
Segmenting core doctors for special emphasis on them. K.P Namboodiris provides a list of
approx. 40 doctors to its all field executive. Field executives approach doctors for
generating prescription from them. Marketing staffs segment doctors on the basis of
prescription generated by them. They put special concentration on the doctors by whom
they get more sells, generally known as core doctors.
Executives are also responsible for supply chain management, i.e. smooth and
continuous supply of products on the time. Delivery of product to the chemist smoothly.
Supply of products on credit basis. Delivery of products through different distribution
channels, wiz- whole sellers, chemist, druggist. Flexible price Personal rapport with the
chemist. Ensuring regular and reliable supply of the drugs to chemist i.e. retailers.
Seasonal and special offers to chemist, to make more margins for them. Improvement in
the quality of different available products as a result of taking up quality assurance
programme at the manufacturing unit.
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CHAPTER 9
40
TABLE : 4.1
HEARD ABOUT THE PRODUCT
PERCENTAGE
40
60
YES NO TOTAL
INTREPRETATION
Analysing the above table it is clear
60%of people heard about the product
40% of the people not heard about the product
TABLE :4.2
KNOWLEDGE ABOUT THE PRODUCT
Chart Title
24
30
friends and family
newspaper
online
other
28 18
INTERPRETATION
Analyzing the above table it is clear that
FACEWASH 8 16
OTHER 2 4
TOTAL 50 100
PERCENTAGE
20
30
TOOTHPOWDER
TOOTHPASTE
FACEWASH
OTHERS
26
24
INTERPRETATION
Analyzing the above table it is clear that
TABLE:4.4
PRODUCTS SATISFACTION IN TERMS OF QUALITY
Percentage
24
36
40
INTERPRETATION
Analyzing the above table it is clear that
Column1
10
34 56
INTERPRETATION
Analyzing the above table it is clear that
TABLE:4.6
DURABILITY OF THE PRODUCT
40
36
35 percentage 34
30
25
20
16
15 14
10
5
0
less than one month one to five five to ten more than one year
percentage
INTERPRETATION
Analyzing the above table it is clear that
TABLE:4.7
SIDE EFFECTS OF THE PRODUCTS
Percentage
80
70
70
60
50
40
30
30
20
10
0
no yes
INTERPRETATION
Analyzing the above table it is clear that
TABLE:4.8
FACTORS ATTRACTED
Particular NO OF CUSTOMERS Percentage
Quality 10 20
Price 15 30
Ingrediants 12 24
Fragrance 5 10
others 8 16
total 50 100
features attracted
35
30
30
24
25
20
20
16
15
10
10
5
0
quality price ingrediants fragrance others
INTERPRETATION
Analyzing the above table it is clear that
TABLE:4.9
Products features
No of
Particulars PERCENTAGE
customers
AYURVEDIC 30 60
NO SIDE 20
40
AFFECTS
total 50 100
70
60
60 percentage
50
40
40
30
20
10
0
ayurvedic no side effects
percentage
INTERPRETATION
Analyzing the above table it is clear that
NO OF
Particulars CUSTOMERS Percentage
VERY 15
COSTLY 30
costly 7 14
moderate 18
cost 36
cheap 10 20
TOTAL 50 100
20
30
36 14
Pricce comparison
VERY COSTLY costly moderate cost cheap
INTERPRETATION
Analyzing the above table it is clear that
No of
custemers Percentage
yes 33 66
no 17 34
total 50 100
Percentage
70 66
60
50
40 44
30
20
10
0
yes no
Percentage
INTERPRETATION
Analyzing the above table it is clear that
24
36
40
INTERPRETATION
Analyzing the above table it is clear that
AVAILABILITY
70
68
60
50
40
32
30
20
10
0
yes no Percentage
INTERPRETATION
Analyzing the above table it is clear that
STORE
AVAILABILITY
40
35
35
30
25
25
20 20
20
15
10
5
0
General store supermarket online others
Percentage
INTERPRETATION
Analyzing the above table it is clear that
Percentage
70 64
60
50
Percentage
40 36
30
20
10
0
yes no
INTERPRETATION
Analyzing the above table it is clear that
No of Customers
Particulars Percentage
18
very often 36
12
often 44
20
never 20
50
total 100
AVAILABILITY
50
40
30 Percentage
20 36 44
10
0 20
very often
often
never
INTERPRETATION
Analyzing the above table it is clear that
Expenditure
20
26
20
34
INTERPRETATION
Analyzing the above table it is clear that
26% of people spend money to buy K.P Namboodiries product below 500
34%of people spend money to buy K.P Namboodiries product from 500-1000
20%of people spend money to buy K.P Namboodiries product from 1000-3000
20% of people spend money to buy K.P Namboodiries product from 3000 and above
TABLE:4.18
RECOMMEND
No of
Recommend percentage
customers
very likely 23 46
somewhat
17 34
likely
not likely 10 20
total 50 100
RECOMMEND
100%
90%
80%
70%
60%
50% 46 34 20
40%
30%
20%
10%
0%
very likely somewhat likely not likely
expenditure
INTERPRETATION
Analyzing the above table it is clear that
Percentage
50 46
45
40
34
35
30
25
20
20
15
10
5
0
Extremly loyal somewhat loyal not at all
INTERPRETATION
Analyzing the above table it is clear that
Percentage
40 36
35
30
26 24
25 24
20
15
10
0
increase quality introduce new product improve marketing others
line
INTERPRETATION
Analyzing the above table it is clear that
Majority of the customer belongs to the age group in between 18 and 30 years
● I has been noted that 30% are males and 70% is female in the customer
Our marital status is 60% respondents are single and 40% of respondents are
married
Income Income wise classification of respondents shows that majority of the
respondents annual income is in between Rs.10,000
● The brands of K.P Namboodiris products are 60% respondents is Yes and 40% of
respondents are No
The mainly used K.P Namboodiris products is face wash and 30% of the
The study reveals that most of the respondents are aware about K.P NAMBOODARIES products. Now
a days people are considering the cosmetics are not only for a luxurious but also considering for
improving health condition . K.P NAMBOODARIES manufacturing company is a leading company to
introduce best brand . The company has got good name and same for the quality and innovative
products to satisfy the current demand for their customers. On the basis of findings of the present
study some practicable suggestions have been arrived . If the K.P NAMBOODARIES mannufacturers
and its maqrketers have executed theses suggestion a desired result can be achieved in future.
BIBILIOGRAPHY
BIBILIOGRAPHY
BOOK REFERED
Yes no
Yes no
15. Have you had any complaints while using these products?
Yes no
16. Have you received any offers or discounts while purchasing these
products? If yes how often
17. How much do you spend annually for buying these products?
18. How likely are you to recommend these products with your
friends and family?