Preview

Comparative Customer Satisfaction of Airtel &Vodafone

Satisfactory Essays
Open Document
Open Document
6369 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Comparative Customer Satisfaction of Airtel &Vodafone
COMPARATIVE
OF
CONSUMER
SATISFACTION
BETWEEN AIRTEL
1 AND VODAFONE

CONSUMER
A consumer is an individual who purchase or has the capacity to purchase goods and services offered for sale by marketing institutions in order to satisfy personal or household needs, wants or desires. According to a statement made by Mahatma Gandhi, ‘consumer refers to the following, “A consumer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not an outsider to our business. He is part of it. We are not doing him a favor by serving him. He is doing us a favor by giving us an opportunity to do so”. So consumer is like the blood of our business and also a satisfied customer is a word of mouth advertisement of a product / services.

CONSUMER SATISFACTION
Every human being is a consumer of different produces. If there is no consumer, there is no business. Therefore, consumer satisfaction is very important to every business person. According to Philip Kotler consumer satisfaction is defined on, “personal feeling of pleasure resulting from comparing a product’s pursued performance in relation to his /her expectations”. Consumer attitude measurements are taken on either potential buries or existing client’s buries in order to identify their characteristics. Why should the competent market engineer conduct consumer research? Consumer’s surveys can provide the researcher with a wealth of information, valuable of the marketing function.

IMPORTANCE OF CONSUMER SATISFACTION
The needs to satisfy customer for success in any commercial enterprise is very obvious. The income of all commercial enterprise is derived from the payments received for the products and services supplied to its customers. If there is no customer there is no income and there is no business. Then the core activity of any company is to attract and retain customers. It is therefore no surprise that Peter Drucker the renowned management Guru has said “to

You May Also Find These Documents Helpful

  • Better Essays

    Customers are becoming ever more demanding; quality and service standards are constantly going up. Customers drive an organisation to change- without customers you cannot survive as a business.…

    • 1394 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    This report aims to figure out two basic questions, current consumers’ satisfaction and strategy that would be most potent to increase overall satisfaction. At the beginning, a survey of three parts was designed and conducted across different age groups.420 samples were collected and coding and editing of a variety of data ensued. By resorting to hypothesis test, regression model, this report found out that current consumers’ satisfaction level is much lower than management expected and two gender groups show significantly different satisfaction .Also, consumer satisfaction was similar across five age groups. In respect of determinants of consumer satisfaction, satisfaction…

    • 2107 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Objectives Of Business

    • 1454 Words
    • 5 Pages

    No business can succeed without providing customers value for their money. Business exists to satisfy the wants, tastes and preferences of customers.…

    • 1454 Words
    • 5 Pages
    Good Essays
  • Best Essays

    To marketers, consumer behavior is a very important proposition,this is not only because that consumer behavior analysis is the foundation of the marketing strategy,but also because that the attention to consumer is the important contribution of marketing to commercial practice(Montiel,2003,pp229).More and more enterprises realize that only the enterprises which really understand consumers can develop better products and services.…

    • 2833 Words
    • 12 Pages
    Best Essays
  • Good Essays

    Concluding Case

    • 1080 Words
    • 5 Pages

    With our current society and where a business succeeds or fails depends on understanding, approaching and taking care of its customer base, it is important to address the issue of the customer…

    • 1080 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Understanding customers is the key to success for organization while not understanding them is a recipe for failure. It is so important that the constant drive to satisfy customers is not only a concern for those responsible for carrying out marketing tasks it should be a concern of everyone in the entire organization. Customers impact the company. For example :…

    • 1917 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Recall that a consumer is one who uses goods and services to satisfy her wants. She is…

    • 5314 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    08 August, 2011. Md. Moktar Ali Associate professor Department of Marketing Faculty of Business Studies University of Dhaka Sub: Request for acceptance of the term-paper Sir, We are very pleased to be able to submit the term-paper on “Customer satisfaction of Grameenphone limited”. In developing the report, we have followed the format and instructions given by you. In every sphere of the report, we have tried our level best to make a good combination of learning from the Business statistics. We also tried to match the theoretical knowledge and the direct experience gathered during the preparation of the term-paper. In this report, we have tried to be as descriptive as possible for the convenience for the reader. Any clarification required & query needed regarding my report will be gratefully acknowledged.…

    • 6116 Words
    • 25 Pages
    Powerful Essays
  • Satisfactory Essays

    Consumers: A consumer is a person or business who purchases a good or service for personal or organizational use. Consumers in economic systems such as those of Japan, Canada and the United States want more and better products and services. A business enterprise attempts to satisfy consumer needs and desires while earning a profit.…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Customer satisfaction has long been an industry focus as a measure of managerial strength and company profitability (Kelsey & Bond, 2001). The satisfaction of the customer is essential to the success of a company. There are many ways for organizations to determine how satisfied their customers are with specific products or services. Although there are, many different ways to measure customer satisfaction industry spanning best practices allow for consistent capturing and interpretation of collected data.…

    • 818 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The research aims at exploring the “An Empirical Study on Customer Satisfaction In Indus Motors Pvt. Limited…

    • 2388 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    Pearson Steward (1996),” Building Brands Directly: Creating Business Value from Customer Relationship”, Macmillan Business. Schiffman Leon.G & Kanuk Leslie Lazar (2000), “Consumer Behavior”, 7th edition, Prentice-Hall.Inc, New Jersey. Sheth, Jagdish.N (2001), “Competitive Advantage Through Customer Satisfaction”, Bombay Management Association Review: 13-25. Spangenberg, Eric R., Voss, Kevin E., and Crowley, Ayn E. (1997), “Measuring the Hedonic and Utilitarian Dimensions of Attitude: A Generally Applicable Scale”, Advanced in Consumer Research, Vol.24: 235-241. Szymanski, David M. & Henard, David H. (2001),” Customer Satisfaction: A MetaAnalysis Of The Empirical Evidence”, Journal Of The Academy of Marketing Science, Vol.29 (1):16-35.…

    • 4699 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Danonne Strategic Paper

    • 2496 Words
    • 10 Pages

    The customer is everything; we must stay close to our customers and make sure we are satisfying their needs and wants.…

    • 2496 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    This aim of a business concern is to get profits. This concern works for a business having a long-term approach towards satisfying customer needs. Customer retention is the purpose of their business. The trend in marketing towards building relationships with customers continues to grow and marketers have become increasingly interested in retaining customers over the long run. Building a life-long relationship with the customers is the mantra for the development of any business. A strong relationship will create a bond between the business and its customers. The business concern should understand and satisfy the changing needs of customers. The customer has a special task in the organization, and a great interest in the efficient functioning of the organization. They are the important stakeholders in any business and they are the ends of the business. So the success of any business concern depends on building a life-long relationship with its customers. The Father of our Nation, Shri Mahatma Gandhi said, “A customer is the most important person in our business”. Relationship Marketing is also thrives based on valuing the customers. An organization needs to establish two types of values pertaining to each of its customers, namely, current value and potential value. The most effective way to value customers is to calculate their life-time value, that is , the amount they will be worth to the organization over the entire course of relationship with them. In other words, revenue will be lost if the customer is lost.…

    • 638 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    customer delight

    • 554 Words
    • 3 Pages

    In today’s market, customers are playing the leading role and customer satisfaction is one of the important factors affect the development of the companies. Knowing what customers think, feel, demand and choice preference is crucial for marketers because satisfying customers can means that a company not only gaining a customer but also survival in intense competition. Therefore, delighting customers can gain benefit from three aspects: keeping loyal for exist customers, attracting potential customers and getting word of mouth, which can maintains the company profits, increases the amount of sales and saves advertising cost. This essay will first discuss why marketers delight their customers from those three aspects, and then give some examples to support this argument.…

    • 554 Words
    • 3 Pages
    Satisfactory Essays