Professional Documents
Culture Documents
Submitted By
Md . Lutful Mamun
ID: 203-14-3252
Program: MBA
Department of Marketing
Submitted To
Mohammad Shibli Shahriar
Associate Professor
Date of Submission:
Dear Sir,
With due respect, I would like to submit my internship report titled ‘‘An Analysis of
Customer satisfaction of Fanfare Bangladesh Limited’’ after the successful completion of
my three-month internship program.
In the progress of writing this report, I had the opportunity to learn about e-commerce and
digital marketing. My experience has given me a clear insight in to the activities of an e-
commerce startup. The entire project has been a great learning experience for me. I hope you
will find this report meaningful, precise, and useful.
Yours Sincerely,
…………………
Md . Lutful Mamun
ID:203-14-3252
Program: MBA
Department of Marketing
Daffodil International University
This is to certify that Md . Lutful Mamun is an MBA student, ID No: 203-14-3252 completed
his thesis paper titled “An Analysis of Customer satisfaction of Fanfare Bangladesh Limited‟‟
under my supervision as partial fulfillment for the achievement of the MBA . To the best of
my knowledge and as per your statement, the report is an authentic work on the subject and
has not been presented anywhere for the award of any title. He is allowed to submit the
internship report.
...................
Md . Lutful Mamun
ID: 203-14-3252
Program: MBA
Department of Marketing
Daffodil International University
I want to thank Allah Almighty for allowing me to complete this report. This report is titled
“An Analysis of Customer satisfaction of Fanfare Bangladesh Limited‟‟. The study was
successfully completed with the kind supervision of a few people.
First, I would like to express my deepest gratitude and thank my Honorable Faculty
Supervisor Mohammad Shibli Shahriar, Associate Professor, Department of Marketing, and
Daffodil International University (DIU) for his guidance in completing this report.
Also, I would like to admit gratitude to Rizwanul Hasan Khan (Chief Operation Officer),
Nirjhar Kumar Kunda (Manager, Digital Marketing), who helped me learn e-commerce and
digital marketing activities and also guided me by providing a lot of information and tips.
I am grateful to all the people who have provided valuable information, tips for gathering
information, analyzing and preparing the report. Finally, I would like to thank my family for
supporting me all the time.
This report reflects Fanfare's e-commerce business and its customer satisfaction scenario in
Bangladesh. Furthermore, after reading this document it will also be possible to understand
the opportunities and limitations of this business in Bangladesh. I found three main results
among 19 survey questionnaires related to the marketing mix. This research is conducted to
conclude based on a solution of three main results: "Website bug issue", "Customer did not
receive an email in time regarding discounts and offers" and” delivery".
The result that is found is quite considered possible. The possible solution could be first, the
IT team should be more aware of the bug related issues. For a second possible solution Fmart
needs to start an automated mail server to send emails on time regarding promotions and
offers. And finally the third number; they should use multiple delivery service platforms and
launch their delivery system to deliver products on time. However, Fanfare should continue
to advance their work on Fmart to make their consumers happy with the online shopping
possibilities. The result of this research is explained in detail in this report. After analyzing
the Fmart scenario in terms of customer satisfaction, few recommendations emerged that I
think would have contributed to the improvement in performance.
Introduction
Specific Objectives
o To distinguish the variables that fulfills or disappoints the clients of ballyhoo
Bangladesh.
The Google form was used to conduct a survey and interpret the data. The survey
questionnaire was prepared on the basis of the online shopping service expectation
variables.
Secondary Data
Fanfare brings users/content creators, brands, and consumers together on a unique video-
shopping platform, the Fanfare App. This is the only App in the world where brands can
directly curate and convert User-Generated Content (UGC) into point-of-sales shoppable
videos. A brand can add products for sale and link the video to its E-store or preferred
ecommerce site. By clicking on these user-generated shoppable videos, consumers can do
online shopping over multiple ecommerce marketplaces, without exiting the App. The
content creators are equitably and systematically rewarded. The App also uses data analytics
to provide brands with insights on consumer preferences enabling them to stay connected.
Fanfare is a revolutionary video sharing app that connects Brands with their Fans through fun
video campaigns, cool games, and awesome rewards. Fanfare is a Social-Video-Shopping
platform that believes in rewarding users with great products. Share. Watch. Win.
They operate their business in both Singapore & Bangladesh. Fanfare Global is used for
Singapore based operation and Fanfare Bangladesh is used for Bangladesh operation. Fmart
is their newly launched e-commerce platform. They are now selling all kinds of home
appliances, electronic appliances, fashion items, and as well as grocery items.
Fanfare has three sister concerns under the group name of fanfare Global.
Fmart E-commerce
Vision:
Mission
We provide innovative products and solutions that’s and solutions that offer customers
delight.
Values
We’re bold
We’re Responsive
We’re Innovative
We’re Global
We’re Humane
We’re Tecsway
We’re bright, because we believe our future is bright.
Fanfare “is a Singapore based global platform covering Social-Commerce activities with new
concepts. It is changing the way people are shopping online and has set its sights on
Bangladesh! “Fmart” is an e-commerce platform operating under the umbrella of „Fanfare
Bangladesh Ltd.
Within a short period, Fmart becomes a place of reliability. You’ll find as the most trusted
source of quality products at a reasonable price. We serve what you deserve. Buy online from
us, get swift delivery, and save your time.
Features of Fmart:
Helps you make the right choice
The best shopping experience in Bangladesh
©Daffodil International University 7
7
Trusted online shopping plat form
Fastest Delivery service
Free returns
Genuine products only
Fast Delivery
They offer faster delivery of all products
Secure checkout
Fmart an authorized, approved and completely ensured site which offers a free from any and all
harm checkout for all. Their business is authorized and managed with the sole reason for your
security and comfort.
Representative makes a phone call to the customer for confirming the customer’s order. If any
customer wanted to cancel his/her order then the customer needs to give a call to
+8801872657803 numbers, then a Customer Care Representative cancels the customer’s order
Social Media Management: Fanfare’s official Facebook page has more than 1, 20,000 likes,
and Fmart official Facebook page has more than 20,000 likes. Everyday huge amounts of
queries come from potential customers On the off chance that the potential clients don't get a
brief reaction his/her might change. Online Media Specialists of Fmart can give a brief answer
to possible clients.
Delivery After getting an order from a genuine client, inside 48 hours inside Dhaka and 96
hours outside Dhaka. The client can pick the installment choice likewise, money down, card
installment, and versatile financial installment. The client who are living outside of Dhaka,
Fmart send their item through Sunderland Courier Service and the client who live in the
metropolitan region they can get the item from their doorstep through Their conveyance
framework.
Product Return Policy The customer can return the item for a full discount. On the off
chance that the client changes his/her psyche or the item gets specialized issue. In any case,
EMI Facility Credit Cardholders get 0% Equated monthly installments (EMI) facility. A
credit
cardissuedbyStandardChartedBank,CityBank,MutualTrustBank,SoutheastBankLtd,United
Commercial Bank, BRAC Bank, Eastern Bank Ltd, Dutch Bangla bank Ltd. EMI facility
starts with buying the products worth above 5000 BDT. Customers get 6 months to 12
months 0% EMI facility. The 7p‟s of Fmart
Product: Fmart is a B2C platform. They have different categories of electronic products for
customers. Such as TV, AC, Laptop, Geyser, Mobile, etc.
Place: As Fmart is an online shop, the purchase happens through the website. So, in this case,
the place of the sale is the website/ virtual marketplace. Link: https://fmart.com.bd/
Price: It has a huge number of products from different categories. So, the price range varies.
Butasit‟s competitive market and growing gone, Fmart truest boring the maximum amount of
offers to its customers.
Promotion: Fmart does its promotions mostly online. Their Facebook page, Instagram, Offline/online
campaign, influence marketing, or Email marketing. They also do lot of PR activities. There are write-
ups about them in newspapers on regular basis. Therese lot he scope of affiliate marketing. However, in
recent days their Facebook page promotional activities have increased an insignificant number.
People: Fmart has 15+ employees. They are growing every year. They do their delivery
through a third party. They have delivery companies associated with them Such as Sundarban
Poribahan.
Physical evidence: They haven’t any physical outlet but have a corporate headquarter in
Dhanmondi Dhaka. But Fmart exist to distribute all the product through online
Process: Online purchase process is different but easier or less time-consuming than going to
shops. Below I am stating Fmart online purchase process: To maintain the process they use a
Business-to-Business(B-2-B)
Business-to-Consumer(B-2-C)
Consumer-to-Consumer (C-2-C).
Business-to-Business(B2B)
CSAT identifies your happy customer: Taking care of the right people first is the
key to growing your business. Your customers' satisfaction is important because they
will maintain trust and increase recommendations. You can create customer service
campaigns for these business customers to encourage them to send more
recommendations and advertise to your businesses.
CSAT forecasts help you prioritize: Consumer value helps you focus on your goals
first. The interest of consumers allows your team to measure where they want to work
to improve health of your customers. Excellent customer service, sales, product
development and teams are involved in improving your customer experience.
CSAT sells: Customer satisfaction is the driving force behind a sales team. Happiness
beneficiaries are the starting point for new approaches. In addition, the sales team can
identify satisfied customers to identify which of your services or products they need to
address is better than the competition.
CSAT guides product updates: Negative measurement can be very convenient for
manufacturing. When consumers are reluctant to present their problems with products
or services, opportunities open up to solve the problem that could affect many other
future customers. This is especially true for companies that update software regularly
where bugs need to be fixed immediately.
Analysis
Age
Under 18 19-24 25-34 35-44 45-55
10% 10%
15%
20%
45%
Interpretation: Among 100 respondents it has seen that around 45% of respondents are in an
age range of 25-34, 20% respondents are in an age range of 19-24 years, 15% respondents are
in an age range of 35- 44 years, 10% respondents are in an age of under 18 years, and rest of
10% are in an age range of 45-54 years. The following pie chart shows the percentage of the
age of respondents
Gender
Male Female
38%
62%
Interpretation: The following pie chart is showing 62% of total Male and 38% of total
Female respondents who took part in the survey on “An Analyze customer satisfaction with
the marketing mix of the Fanfare Bangladesh-Fmart.”
Profession
35%
20% 20%
15%
10%
Interpretation: Major respondents are service holder. This pie chart, it is showing 35%of
respondents profession is service holder, 20% of respondents profession is businessman, 15%
of respondents profession is housewife, 10% of respondents are students, and the rest of the
20% of respondents are from another profession.
30%
62%
Interpretation: The pie chart shows the agreement regarding the statement Fmart has a user-
friendly Website. Among 100 respondents 30% strongly agree, 62% agree, 5% neutral, 2%
disagree, and 1% respondents show strong disagreement regarding the statement. The
majority of the respondent agrees with this statement.
45%
Interpretation: Among 100 respondents it has seen that around 45% of respondents are in an
age range of 25-34, 20% respondents are in an age range of 19-24 years, 15% respondents are
in an age range of 35- 44 years, 10% respondents are in an age of under 18 years, and rest of
10% are in an age range of 45-54 years. The following pie chart shows the percentage of the
age of respondents
7% 1%
3%
30%
59%
Interpretation: The pie chart shows the agreement regarding the statement Quality of the
Fmart product meets my expectation. Among 100 respondents 30% strongly agree, 59%
agree, 3% neutral, 7% disagree, and 1% respondents show strong disagreement regarding the
statement. The majority of the respondent agrees with this statement.
5%
7% 15%
73%
Interpretation: The pie chart shows the agreement regarding the statement Fmart
offers attractive pricing compared to others. Among 100 respondents 15% strongly
agree, 73% agree, 7% neutral, 5% disagree, none of the respondents showed their
strong disagreement regarding the statement. The majority of the respondent agrees
with this statement.
19%
13%
12%
Strong agre
Agree
Neutral
Disagree
Interpretation: The pie chart shows the agreement regarding the statement Fmar
provides hassle-free and smooth payment system. Among 100 respondents 19%
strongly agree, 56% agree, 13% neutral, 12% disagree, none of the respondents
showed their strong disagreement regarding the statement. The majority of the
respondent agrees with this statement
27%
10%
7%
3%
Interpretation: The pie chart shows the agreement regarding the statement Fmart customer
service is up to the mark. Among 100 respondents 27% strongly agree, 53% agree,10%
neutral, 7% disagree, and 3% respondents show strong disagreement regarding the statement.
The majority of the respondent agrees with this statement.
25%
4% 6%
Interpretation: The pie chart shows the agreement regarding the statement customer care
representative provides quick response and show friendly behavior. Among 100 respondents
25% strongly agree, 65% agree, 4% neutral, 6% disagree, and none of the respondents
showed their strong disagreement regarding the statement. The majority of the respondent
agrees with this statement.
10%
10%
5%
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
Interpretation: The pie chart shows the agreement regarding the statement Fmart delivers
the product on time. Among 100 respondents 10% strongly agree, 35% agree, 10% neutral,
40% disagree, and 5% of the respondents showed their strong disagreement regarding the
statement. Majority of the respondent disagrees with this statement.
36% 55% 6% 3%
Interpretation: The pie chart shows the agreement regarding shipping cost is judicious.
Among 100 respondents 36% strongly agree, 55% agree, 6% neutral, 3% disagree, and none
of the respondents showed their strong disagreement regarding the statement. The majority of
the respondent agrees with this statement.
45% 50% 5%
0%
Interpretation: The pie chart shows the agreement regarding the quality of product
packaging is first-rate. Among 100 respondents 45% strongly agree, 50% agree, 0% neutral,
5% disagree, and none of the respondents showed their strong disagreement regarding the
statement. The majority of the respondent agrees with this statement.
16%
84%
Interpretation: Here the respondents expressed their opinion regarding they will purchase
again or not from Fmart. Among 100 respondents 84% said yes and 16% said they don’t
purchase from Fmart.
40%
60%
Interpretation: Here the respondents expressed their opinion regarding them would
recommend this website to their friends /colleagues. Among100 respondents 60% said yes
and 40% said they don’t recommend this website to their friends/colleagues.
31
New Products ∑ Deals with renowned brand ∑ Warranty ∑ Swift
delivery∑ countrywide delivery
Feasible modes of payments
Weaknesses:
Opportunities:
Threats:
The greatest quantities of respondents have concurred with the explanation that
Fmart has an easy to understand Website. Yet, not many quantities of
respondents whine on extra criticism part that they have veneer not many bugs
on the site.
Most of the respondent shave concurred with the explanation that the request
position strategy on the site is smooth and simpler.
The maximum numbers of respondents have a greed with the statement that
Fmart Website provided sufficient information about the product.
Quality of the Fmart product meets the maximum respondent “expectation.
E-commerce business has altered many traditional manners of the transaction and
brought a revolutionary change in the economy. Citizens of Bangladesh are now
enhancing their standard of living using the internet. The last few years‟ statistics say
that this sector has a good growth rate. To make it sustainable both government and
entrepreneurs need to be more conscious and take proper steps. SSG e-shop is the
most trusted e-commerce platform regarding electronic items. It was a great
opportunity for me to learn about e-commerce operation practically. I have gained a
lot of experience in digital marketing as well as how to use digital marketing to loser
actually.Nodoubtthat‟shortlymajoritportionoftraditionalsellingplatformswillbe extinct
and digital selling platforms or e-commerce will take place. That‟s why Fmart is a
great movement for Fanfare BangladeshLtd.
References:
WebsiteofFanfare:https://app.fanfare.global/
WebsiteofFmart:https://fmart.com.bd/
Wikipedia:https://en.wikipedia.org/wiki/Customer_satisfaction
UdemyAcademy:https://www.udemy.com/content-marketing
Google DigitalGarage:https://learndigital.withgoogle.com/digitalgarage
Investormedia:https://www.investopedia.com/terms/d/digitalmarketing