Professional Documents
Culture Documents
Introduction
product.
customer.
stationery and parker pen products. The scope of the study is very
wide. The study helps to know the perception of the customer towards
psychology easily and retain them. It also gives information about the
Research methodology
Research methodology is a
which knowledge is gained. Its aim is to give the work plan of research
Primary data:
Secondary data:
detail.
questions properly.
only.
Theoretical background
Definition of market:
Definition of marketing:
offerings that have value for customers, clients, partners, and society at large.
Meaning of customer:
a consumer, but the two notions are distinct, even though the terms are
commonly confused.
Meaning of consumer:
consume goods and services produced. As such, consumers play a vital role
surpassed
Types of loyalty:
1. No Loyalty:
cohort, but it definitely exists. Marketing best practice for this group is
category, and treat the group as a control. It’s unlikely that even the
best loyalty marketing tactics would sway this customer type into one
2. Inertia Loyalty:
market sells it, and they can easily pick it up. Inertia loyalty is
For example, if the store in the example above stopped carrying that
type of bread and stocked another brand, the family with inertia
convenience.
3. Latent Loyalty:
they do purchase, they always purchase from the one brand . I like to
4. Premium Loyalty:
purchase often from a brand, and advocate on the brand’s behalf when
they do. Premium loyalty usually plays into a great deal of pride on the
they fall into this bucket. In today’s hyper-social ecosystem, you can
1. Suspects:
2. Prospects:
They are the ones who have been impressed with the
3. Customers:
customers of so-called industrial goods and services (who are entities such
institutions) either themselves use up the goods and services that they buy,
4. Clients:
5. Advocates:
1. Encouraging Referrals:
2. Reduced Costs:
In linear programming, reduced cost, or
optimal solution
3. Repeat Business:
a business for the first time is often difficult and expensive. The key to a
Loyal customers
will stick to a brand because they trust the brand. Organizations with a
and rewarding them for their loyalty. After all, customers are the
This
can be more informal, such as a phone call. Whatever method you use,
service you are giving them. If you never mention all the things you’re
doing for them, customers may not notice. You are not being cocky
when you talk to customers about all the work you have done to
please them. Just make a phone call and let them know they don’t
have to worry because you handled the paperwork, called the attorney
frequently:
"I was just sitting at my desk, and your name popped into my head.
Are you still having a great time flying all over the country? Let me
know if you need another set of luggage. I can stop by with our latest
follow up with a note: "It was great seeing you at the CDC Christmas
party. I will call you early in the new year to schedule a lunch."
3. Keep it personal:
voice-mail message that you want to talk to the person directly or will
cards, anniversary cards, holiday cards -- you name it. Gifts are
show you care. Use your creativity to come up with interesting gift
ideas that tie into your business, the customer's business or his or her
recent purchase.
5. Pass on information:
find they have referrals to give you, which can lead to new business.
1. Core offering:
2. Satisfaction:
than 90%, yet few have repurchase levels of even half that. The
levels are low, there will be very little loyalty. However, customer
parcel of the general deal, and the fact that they are satisfied doesn't
something extra.
3. Elasticity level:
4. Demographics:
brand), more affluent and better educated customers are less likely to
strong - possibly because they cannot afford to take the risk of trying a
brand that might not suit them as well. They also suggest that younger
5. Share of wallet:
your share of what the customer spends in your sector, than to acquire
new customers. After all, that's what loyalty is really about. Totally
loyal customers would give you a 100% share of their spend in your
sector.
Company profile
History
to Newhaven, East Sussex, England, which was the original location of the
Mate brand, one of the best-selling disposable ballpoints. Gillette sold the
In July 2009, the 180 workers at Parker Newhaven got notice that
the factory would be shut down and the production moved to France. The
Wisconsin plant was to close the remaining operations tied to Parker Pen
Parker Vector
The precursor to the Parker Vector was introduced in
1981. It was a simple cylindrical plastic cap and barrel roller-ball pen called
the "Parker RB1". In 1984, Parker added the FP1 ("Fountain Pen 1"), with
essentially the same design. The RB1 and FP1 models were produced until
1986, at which time Parker revised the pen by lengthening the cap and
shortening the barrel and renaming the new pen the "Vector Standard".
Presently, there are four models available (in plastic and steel): the fountain
pen, capped rollerball, pushbutton ballpoint, and pushbutton pencil.
Advertising:
world record for the longest running ad campaign in the world. In the
1980s, cartoon artist Kumar Morey and script writer Bharat Dabholkar
had been involved with sketching the Parker ads; the latter rejected
strike, and one depicting the Parker butter girl wearing a Gandhi cap.
Vision:
customer and give more profit to there dealers and distributor. And to
rich every consumers and increase various quality and varity of parker
pens
Mission:
world has ever seen (thus irritating hell out of Sheaffer). Then,
decades later, while the Chinese are still making are still making the
an authentic version of the pen and selling it for $30, we'll sell a copy
of the cheap copies that people made back in the forties and sell it for
hundreds of dollars...
various awards:
Distributor profile
Product profile
Table – 1
RESPONDENTS [%]
1 Male 52 52
2 Female 48 48
Interpretation:
the respondents are male and remaining 48% of the respondents are
Gender
53
52
52
51
50
Gender
49
48
48
47
46
Male Female
Inference:
Table – 2
respondent [%]
1 20 – 30 34 34
2 30 – 40 48 48
3 40 – 50 08 08
4 50 & above 10 10
Interpretation:
are of 20-30 age group, 8% of respondents are of 30-40 age group and
Age
60
50 48
40
34
30
Age
20
10
10 8
0
10 - 20 20 - 30 30 - 40 40 & above
Inference:
30 age.
Table – 3
RESPONDENTS [%]
1 Student 78 78
2 Professional 10 10
3 Businessman 04 04
4 Others 08 08
Interpretation:
With the help of the above table it is clear that the 78%
Occupation
90
78
80
70
60
50
40 Occupation
30
20
10 8
10 4
0
Student Housewife Businessman Others
Inference:
Table – 4
The table showing the frequent use of Parker pen products by the
respondents
respondents [%]
1 Ball pen 56 56
2 Roller pen 10 10
3 Fountain 22 22
pen
4 Ink pen 12 12
Interpretation:
respondents are using milk, 22% of respondents are using butter and
Frequency of use
60 56
50
40
30
Frequency of use
22
20
12
10
10
0
Ice cream Milk Butter Others
Inference:
Table – 5
the respondents
respondents [%]
1 6 month 04 04
2 Once in a year 22 22
3 Two year 50 50
4 Three year 24 24
Interpretation:
Frequency of purchase
60
50
50
40
30
24
22 Frequency of purchase
20
10
4
0
Daily Once in 2-3 Once in a week Twice in a week
days
Inference:
Table – 6
respondents [%]
1 Less than 1 10 10
year
2 1 year 14 14
3 2 – 3 year 16 16
4 More than 3 60 60
year
Interpretation:
than 1 year, 14% are from 1 year, 16% are from 2 – 3 years and
Duration of loyalty
70
60
60
50
40
Duration of loyalty
30
20 16
14
10
10
0
Less than 1 year 1 year 2 - 3 year More than 3 year
Inference:
Table – 7
respondents [%]
1 Newspaper 12 12
2 Television 46 46
3 Advertisement 28 28
4 Others 14 14
Interpretation:
Inference:
Table – 8
respondents [%]
1 Excellent 46 46
2 Good 42 41
3 Satisfactory 12 12
4 Poor 00 00
Interpretation:
of the respondents were satisfactory and 0% for poor with the quality
Inference:
Table – 9
respondents [%]
1 High 22 22
2 Average 74 74
3 Low 04 04
Interpretation:
remaining 4% were low with the price of the Parker pen products.
60
50
40
Price of Amul products
30
22
20
10 4
0
High Average Low
Inference:
From the survey it is clear that more people rated the price
Table – 10
respondents [%]
1 Poor 04 04
2 Average 46 46
3 Excellent 50 50
Interpretation:
50
50 46
40
30
Packaging of Amul products
20
10
4
0
Poor Average Excellent
Inference:
Table – 11
respondents [%]
1 Excellent 38 38
2 Average 12 12
3 Good 50 50
Interpretation:
were average and remaining 50% were good regarding the quality of
50
50
40 38
30
Quality of Amul products
20
12
10
0
Excellent Average Good
Inference:
From the survey it is clear that more people have rated the
Table – 12
respondents [%]
1 Price 00 00
2 Quality 36 36
3 Brand 64 64
4 Others 00 00
Interpretation:
by the factor of quality, 64% were influenced by brand and 00% were
influenced by others.
50
40 36
20
10
0 0
0
Price Quality Taste Others
Inference:
Table – 13
respondents %]
1 Yes 98 98
2 No 02 02
Interpretation:
products.
Recommendation
120
98
100
80
60
Recommendation
40
20
2
0
Yes No
Inference:
Table – 14
respondents [%]
1 Ball pen 42 42
2 Roller pen 10 10
3 Fountain 26 26
pen
4 Ink pen 22 22
Interpretation:
26% rated buttermilk and remaining 22% rated others as the best
15
10
10
5
0
Cheese Dahi Buttermilk Others
Inference:
Table – 15
respondents [%]
2 No 00 00
Interpretation:
Products.
Customer loyalty
120
100
100
80
60
Customer loyalty
40
20
0
0
Yes No
Inference:
Table – 16
respondents [%]
1 Yes 68 68
2 No 06 06
3 Sometimes 26 26
Interpretation:
moderately satisfied.
60
50
30 26
20
10 6
0
Yes No Sometimes
Inference:
Table – 17
respondents [%]
2 No 00 00
Interpretation:
Level of satisfaction
120
100
100
80
60
Level of satisfaction
40
20
0
0
Yes No
Inference:
Findings
and others.
pen.
products.
From the study we come to know that most of the people came
products.
parker pen.
Suggestions
Conclusion
Parker pen products because of its good quality, etc. Therefore it can
be said that the company has a very good reputation in the market
Bibliography
Websites:
www.wikipedia.com
www.parker pen.com
Questionnaire
1. Name :
2. Gender :
3. Age :
a) 20-30 [ ] b) 30-40 [ ]
c) 40-50 [ ] d) 50 &above [ ]
4. Occupation :
a) Student [ ] b) professional [ ]
c) Businessman [ ] d) Others [ ]
a) Newspaper [ ] b) Television [ ]
c) Advertisement [ ] d) Others [ ]
a) Excellent [ ] b) Good [ ]
c) Satisfactory [ ] d) Poor [ ]
a) High [ ] b) Average [ ]
c) Low [ ]
a) Poor [ ] b) Average [ ]
c) Excellent [ ]
a) Excellent [ ] b) Average [ ]
c) Good [ ]
13. What do you think is the main reason for your frequent
a) Price [ ] b) Quality [ ]
c) Brand [ ] d) Others [ ]
a) Yes [ ] b) No [ ]
16. Would you like to purchase the Parker pen products again
a) Yes [ ] b) No [ ]
a) Yes [ ] b) No [ ]
c) Sometimes [ ]
a) Yes [ ] b) No [ ]
19. Suggestions :