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Customer Satisfaction Asianpaints
Customer Satisfaction Asianpaints
MY project gives brief study, on what is customer satisfaction and the techniques of
achieving Customer Satisfaction. It also provides significance of the conducting the
customer satisfaction research and how and when to conduct it.
Based on the topic, this project analyzes the “Customer Satisfaction" in Reference to
the Asian Paints Ltd”
It gives a brief report on the profile of the Asian Paints Co. About its vision, history,
current status, its achievements as a firm in the paint industry. The project also speaks
on its various product profiles and its future plans.
It shows what strategies the Asian paints ltd has used for satisfying the customers.
To undertake the research the questionnaire is prepared so as to know how much the
customers are satisfied after using Asian Paints, are they willing to be a loyal
customers or do they prefer other brands. The survey reflects the areas where the
company needs to improve and the areas where it from where it has gained its
popularity.
CHAPTER- I
INTRODUCTION
The field of my research is Customer Satisfaction which focuses on customer’s
perceptions. Many firms are interested in understanding what their customers thought
about their shopping or purchase experience, because finding new customers is
generally more costly and difficult than servicing existing or repeat customers. Such
researches provide a wider scope to the firms in the terms of high customer
satisfaction.
Definition:
CUSTOMER SATISFACTION
“Customer Satisfaction, business term of how the products and the services supplied
by the company meet or surpass the customer expectation. It is the key performance
indicator within the business.” By , Berlin Asong
In order to stay competitive and remain profitable, businesses have to focus on the
quality of their customer service. Companies that invest time, energy and money into
developing and nurturing quality so customers can have a satisfactory experience are
going to be more profitable and better likely to experience more sustained growth
over the long-term.
Customer-Centric Attitude.
Operations should be customer-centric meaning that the customer's best interests
should always be foremost. Service should be offered in a helpful way and with a
smile. Both management and employees should show interest towards the customer
and strive to give them a good experience.
Today's companies must strive even harder than abiding by this golden rule of
customer service.
Customer care.
Is something which is done even after the product is purchased. Many companies are
interested in knowing the reason why consumers have purchased the goods and
services or even the goods are not purchased. Managers interested in customer care
try to collect a database as to why the customers have purchased the competitors
product and service and what will be the level of satisfaction if it is introduced in our
product or service. And also to find the level of expectations and their level of
dissatisfaction.
Customer focus.
Is attained when everyone in the organization make efforts to focus the activities
towards the satisfaction of the customers right from the stage of new product planning
and to product modification to the stage of elimination of the goods and services
everything revolves around the customers. All the activities are focused on the
customer satisfaction.
Customer Service Training
Another strategy to improve customer satisfaction is to invest in customer service
training. All employees should be on board with how to treat customers and help them
gain a valued experience. The quality of customer service can easily make or break a
business.
The experience the people have received is the most important aspect in selling pure
services or services with tangible goods. Once the customers are satisfied with the
service his loyalty towards that product or company is at its peak.
Companies today are doing a lot of self- introspection that they are really giving the
said services to the customers. The important questions asked is “Is service our top
Priority” Are the customers satisfied?” Are we improving on the quality of the
services regularly?”
Companies are spending more money and time to see that the services are evaluated
and improved as per the expectations of the customers. In fact , the companies
globally known for their services are always in the process of finding opportunities to
improve on the quality of the services.
Better results can be seen when the organizations makes use of external, internal, and
interactive marketing.
Communication
Communication with customers is also important. It's a good idea to always provide
customers with ways they can contact you and offer ways to contact them (if they
choose). Offering e-mail, telephone line, web contact or other ways for customers to
offer comments and/or complaints is of value.
BENEFITS
CRM aims at individual customers. It tries to develop customer’s relationship by
looking into his needs and requirements.
CRM helps in two way communication by understanding the messages of the
customers and responding to it. Thereby gaining customer loyalty.
CRM helps to customize the products and thereby reducing the rate of
customer defection.
CRM tells the company what product or service the customer needs today and
what it will need in future.
Quality Control
Quality is important to customer satisfaction and the level of quality directly plays
into a business' ability to meet customer expectations. Quality should be monitored
for both service and the type of products offered; as a part of this guarantees and the
willingness to stand behind service and/or products is necessary.
Customer delight depends on the reliability factor of the company. This is the ability
to perform what has been promised to the customer. Companies who focus on
customer delights should be dependable and have accuracy in delivering the services
to the customers.
Companies with much attitude of empathy and always paying individual attention to
its customers which in turn builds customer delight. The advantage is manifold
because it creates brand loyals and customer loyalty.
Customer researches are conducted to answer who our customers are? What do they
like to buy?, when do buy and how do they buy?, it examines the taste, preferences
and the attitude of the customers. Mostly it tends to become qualitative motivational
research of customer behavior. Here, the self concept, ego, personality and life style
of the consumers are studied. There is an attempt to study beliefs, opinions of the
customers.
By conducting such researches the company can minimize its defects in the field of
production and can deliver high quality of services in relation to its competitors. Such
researches can be carried by conducting surveys through interviews and questionnaire
methods. These questionnaire methods form a path of getting the customers positive
and negative feedback. The company can then respond to feedback and can retain the
existing customers as well preventing them from shifting to other brands.
A customer complaint could be the insight you have been seeking to learn why a
certain product isn't moving. It can also be an indicator of personnel problems. If a
customer mentions that an item does not work properly, you can research and try to
recreate the problem, potentially finding a fix that will increase sales. A customer's
complaint about an employee's lack of knowledge may reveal a need for more
extensive training, while a grievance about poor customer service provides the chance
to address it with your staff.
*Transactional surveys. Solicit* feedback directly from the product or service user
about that particular encounter. They are conducted immediately after each customer
transaction.
* Relationship surveys. Collect input from people who have an ongoing relationship
with the company and have had multiple transactions. The respondents typically are
responsible for deciding whether to continue the working relationship.
In many cases conducting both transactional and relationship surveys may be
appropriate.
*Candor. This is essential for research on sensitive subject matter where studies
indicate people are more likely to answer questions honestly on the Web than they are
on the phone or in personal interviews. (Quirk’s Marketing Research Review, 2003).
Such responses provide insight into what a company is doing well and frequently
provide warning signs about the health of the business relationship.
*Cost. The Internet eliminates postage and telephone costs as well as basic materials
like paper, staples, envelopes, and printing. Because it is self-directed, there is no
interviewer cost. Finally, it’s more convenient.
Contact Customers
If possible, dissatisfied customers should be personally contacted to see if there is
something that can be done to improve their perception of the business. This is
important to prevent negative word of mouth. The personal contact itself may succeed
in doing that. Additionally, a discount or free product should be considered. If policies
or products are changed based on customers’ feedback, those customers should be
contacted to let them know about those changes and that their feedback was taken
seriously.
Objectives of Research:
To know the significance of customer satisfaction and to search an optimum
design for an effective customer satisfaction survey.
To track and measure the customer satisfaction in relation to Asian Paints as a
product.
To know the requirements of the customer satisfaction.
To know the level of awareness of the Asian Paints as product.
Scope of the study
Asian Paints formulates , manufacture & sell the finest paints (the most suitable for
each need and giving good value for money to users) & provide the best possible
service to it’s customers characterized by Reliability & Responsiveness. The products
provide surface protection & good appearance for all consumers while being safe to
apply, not harmful to health and not adverse to the environment.
Customers - the very core of all the business activities. From the beginning, Asian
Paints has fostered a customer-centric approach to business. A simple but unbeatable
concept of "going where the customer is" drives all its retail strategies.
VISION
Asian Paints aims to become one of the top five Decorative coatings companies
world-wide by leveraging its expertise in the higher growth emerging markets.
Simultaneously, the company intends to build long term value in the Industrial
coatings business through alliances with established global partners.
HISTORY
Armed with little knowledge and great determination, Champaklal H. Choksey,
Chimanlal N. Choksi, Suryakant C. Dani and Arvind R. Vakil get together to
manufacture paint in a garage on Foras Road, Bombay. They name their company
'The Asian Oil & Paint Company', a name that they picked randomly from a telephone
directory.
CURRENT STATUS
Asian Paints becomes the 10th largest decorative paint company in the world
Asian Paints is more than twice the size of its nearest competitor
It is one of the most admired companies in India
Present in 22 countries with 27 manufacturing locations, over 2500 SKU's,
Integrated SAP - ERP & i2 - SCM solution
Rated Best Employer by BT-Hewitt survey, 2000 Bluest of the blue chips by
Hindu Business Line; Most admired company to work for by ET-BT survey,
2000
On the recommendations of Booz, Allen and Hamilton, Asian Paints
restructured itself into Growth, Decorative and International business units and
adopted SCM and ERP technology
Asian Paints aims to become the 5th largest decorative paint company in the
world
FUTURE PLANS
Asian Paints to accelerate growth of its non-decorative coatings business
Approves plans to enhance its relationship with PPG, to accelerate growth of the non-
decorative coatings businesses in India.
Asian Paints Signs MOU with Maharashtra Government to set up a Mega Project for
manufacture of Paints and Intermediates at Kesurdi in Maharashtra
The Asian Paints Helpline introduced few years ago is a toll free service where
consumers call and ask queries related to painting. The company has now extended
this service to ASIAN PAINTS HOME SOLUTIONS, which offers painting services
in addition to the paint. This service is available in 10 cities viz - Hyderabad,
Bangalore, Kolkata, Delhi, Chennai, Ahmedabad, Mumbai, Pune, Coimbatore &
Cochin
PRODUCT PROFILES
Asian Paint has offered brands in all possible applications. For instance:
Synthetic / Acrylic Washable Distempers : Tractors
Acrylic Emulsion : Apcolite (Quality I,) Royale (premium category)
Plastic emulsion Paint (Interiors / Exteriors) : Decoplast (Quality II),
Synthetic Enamel : Apcolite, Gattu
Packet Distemper : Utsav
Wooden Surfaces : Touch Wood, Silkwood, Apcolite Natural Woodfinish
Cement Paint (external) : Gattu
Industrial Segment
General Industrial Finishes : Apcolite (Hammerton Finish)
Other Industrial Products : Expory Coatings, Chlorinted Rubber finishes, viny I &
Polyurethane Systems.
Automotives
Kirlo – an Acrlic Paint, Apca – nitro-cellulose based Paint, Aspa – an Allkyd,
autocare.
Primers
Asian Metal Primer Redoxide
Tractor Redoxide Primer for Metal
Woodrite for Wood Substrate
Decorative – Cement Primer
AWARDS AND RECOGNITION
Awarded the "Sword of Honour" by the British Safety Council for all the paint
plants in India. This award is considered as the pinnacle of achievement in safety
across the world.
Forbes Global magazine, USA ranked Asian Paints amongst the 200 'Best
Small Companies of the world' in 2002 and 2003 and amongst the top 200 'Under a
Billion Firms' of Asia in 2005.
Ranked 24th amongst the top paint companies in the world by Coatings World
- Top Companies Report 2006.
The Asset - one of Asia's leading financial magazine ranked Asian Paints
amongst the leading Indian companies in Corporate Governance in 2002 and 2005.
Received the Ernst & Young "Entrepreneur of the Year - Manufacturing"
award in 2003.
CHAPTER- III
RESEARCH METHODOLOGY
Sources of Data Collection
Primary source :
The primary source of my data collection is carried through questionnaire method.
Secondary source :
As a secondary source the data is collected through various websites and books
mentioned in bibliography.
Customer preference reports carried by previous investigators on Asian Paints
company ltd were observed and studied.
Sample description
Method of Sample selection:
The method of sample selection is carried through ,the Survey Method.
(Questionnaire By Mail ). In this method the sample of the respondents are prepared.
the questionnaire are then sent by post together with a covering letter explaining the
purpose of the study and requesting the respondents to extend his cooperation.
The sample size is the total number of units in the sample. Hence the total sample size
is 10 units.
Sample Analysis:
Itemized rating scale is used with four categories for more reliable ratings of
satisfaction on various elements.
Ratio scale is used for those elements, where the answers are more of specific in
nature. Example Yes or No.
The data is summarized and compressed into tabulation form.
Bar - graphs and pie charts are used to interpret the tabulated data and the inferences
are drawn.
CHAPTER - IV
DATA PRESENTATION ANALYSIS
& INTERPRETATION
Analysis and Interpretation of Questionnaire no.1 (for general purpose)
Observing and studying the questionnaire No.1 the data collected from it is processed
into the following tabulation and graph form.
Figure - 1
INFERENCE:
From the above table , out of the 10 respondents, following is the inferences for
different elements.
Overall Satisfaction: the overall satisfaction rate is 60%and the total dissatisfaction
rate is 40%. The gap between the two is 60% - 40% = 20%. This means the overall
satisfaction rate is 20% more than the dissatisfaction rate. That shows improvement
but not at the sufficient rate.
Sales Representative: the total satisfaction is 30% and the total dissatisfaction is
70% out of which 20% are very dissatisfied. The gap between the dissatisfaction and
satisfaction is 70% - 30% = 40%. That means the dissatisfaction level is 40% more
that satisfaction level. This indicates that the company need more improvement in this
area of business activity.
Price Level: here the total satisfaction level is 40% and the total dissatisfaction is
60% . Therefore the gap rate is 60% - 40% = 20%.. This means the dissatisfaction
rate is 20% more than satisfaction level.
Analysis and Interpretation of Questionnaire no.2 (for specific purpose)
Observing and studying the questionnaire No.2 the data collected from it is processed
into the following tabulation and graph form.
Figure- 2.1
INFERENCE:
From the above table, out of the 10 respondents, following is the inferences for
different elements;
Colour, texture and smell: the total satisfaction level is 50% and the total
dissatisfaction is 50%. But out of the total rate of dissatisfied customers 40% are
somewhat dissatisfied and 30% somewhat satisfied. And therefore the gap between
the former and the latter is 40% - 30%= 10% . It means that the dissatisfaction rate is
10% more than satisfaction level.
Though the very satisfied customers are 20% who, are totally satisfied and have no
complains regarding this element.
Smooth wall surface: total satisfaction level of the customers is 70% ,therefore 30%
totally dissatisfied . The gap between the two is 70% - 30% = 40%. This means that
the satisfaction level is 40% more than the dissatisfaction level.
This shows 70% of the customers agree that after using Asian Paints they get a
smooth wall surface.
Figure - 2.2
INFERENCE:
From the above table , to my analysis, out of the 10 respondents, 10% of the
respondents have experienced Adhesion on their walls after using Asian Paints.
While the 90% of them have given a positive response, this shows the level of
increased improvement.
Figure: 2.3
INFERENCE:
From the above table, to my analysis, out of the 10 respondents, 10% of the
respondents have experienced blistering on their walls after using Asian Paints.
While other 90% of them have no complains for this factor.
Figure- 2.4
INFERENCE:
From the above table, to my analysis, out of the 10 respondents, 10% of them have
experienced yellowing of the wall after using Asian Paints.
While 90% of them have given a positive response.
But the company must take find the reasons for such yellowing of the walls.
Figure- 2.5.1
INFERENCE:
From the above table (2.5) , out of the 10 respondents , 20% and 70% of them are
aware of the Asian Paints Primers and Decorative paints respectively.
Further 80% and 30% do have much idea regarding the usage of the Asian Paints
primers and decorative paints respectively.
From the table (2.5.1) , out of the 10 respondents, following is the inference for the
different elements:
Primers : total satisfaction is 10% and the other 10% are very dissatisfied due to the
inhalation of its strong fumes.
Decorative Paints: total customers aware are 70%.out of which 40% are dissatisfied
customers and total satisfaction is 30%. Therefore the gap that prevails between the
two is 40% - 30% = 10% . This means that the dissatisfaction is 10% more than
satisfaction rate.
Figure: 2.6
INFERENCE:
From the above table , to my analysis, out of the 10 respondents, 30% are not satisfied
and do not find the makeover and decorative ideas provided by the Asian Paints useful
,as they feel the Ideas do not work out as is shown in the t.v. commercials.
INFERENCE:
From the above table , to my analysis , out of the 10 respondents, 60% of the
respondents feel that the t.v. commercials shown by the Asian Paints are misleading.
As they found problems of colour fadedness, blistering, yellowing of the walls etc..
This may bring them on verge of brand shifting. Hence the company must overcome
this problem as soon as possible.
INFERENCE:
Regarding the Service Sector of the Asian Paints, to my analysis, out of the 10
respondents,
For Response to Complaints: 60% of the respondents have given do find optimum
satisfaction from this sector of the company, out of which 20% are very dissatisfied,
as they have not received any response to their complaints.
While 40% have given a positive feed back.
After Sales Service: 50% of the respondents have derived optimum satisfaction but
the other half are not satisfied by the after sales services provided by the company.
Out of which 20% are very dissatisfied.
Figure- 2.9
INFERENCE:
Form the above table , out of the 10 respondents, 60% of them are giving more
preference to the other paints company like NEROLAC Paints company. As they
have found satisfaction for a longer period of time in terms of paint quality as well as
in price level.
While 40% of the respondents have preferred Asian Paints over other paints.
Therefore this shows an alarming situation for the company, where the company may
lose their existing customers.
CHAPTER - V
FINDINGS
AND
RECOMMENDATIONS
FINDINGS:
The findings from this research shows that the company is working hard to
maintain the quality of its paints as the least number of the customers have some
problems regarding blistering , adhesion or yellowing of the wall.
Almost 70% of the respondents have agreed that after using Asian Paints they get
a smooth wall surface.
But the certain dissatisfaction still prevails regarding the texture and smell of the
primers.
One out of the ten respondents is totally disinclined towards Asian Paints the
reason found out was the fumes of the primers affecting the health.
Another have experienced cracks in the wall paints and have complained against
the durability of the paints.
Such dissatisfied customers have shown positive inclination towards other brands
such as Nerolac paints.
Regarding the service department of the Asian Paints.
This include, the services provided by sales representative of which the total
satisfaction prevailing is just 30% and the level of the dissatisfaction is 40%, more
as the respondents have reported, the local dealers and team leaders are care free
and do not respond to their complains.
And in the fields of feedback to the complains, 20% more of dissatisfaction is
prevailing than satisfaction.
The After Sales Services shows equal levels total satisfaction and total
dissatisfaction but 20% of then show that they are very dissatisfied.
Incase of Online Facilities the respondents have provided with positive feedback.
40% rate of satisfaction level is more than the dissatisfaction level. This shows
that the online facilities have upward moving scale.
Regarding the promotional activities, 6:10 is the ratio for dissatisfaction.
That means out of ten respondents undertaken six respondents feel that the
commercials are misleading because according to them they have not got the same
effects as shown in the t.v. commercials.
And the other activities such as innovative ideas and makeovers its satisfactory
ratio is 7:10 which shows effective efforts are being taken.
Regarding the price level, 60% of the respondents feel that the prices of the Asian
Paints are high. Out of which 20% are very dissatisfied as they are reluctant after
comparing the prices with end results.
Regarding the inclination towards the Asian paints brands, 6:10 respondents prefer
Asian Paints over other paints.
But still there are four other respondents who prefer other paint brands.
The overall satisfaction of the Asian Paints ltd in general judged by the
respondents and brought down in this report is, 20% more than the overall
dissatisfaction.
RECOMMENDATIONS:
Asian Paints must improve its service sector. If there are any complaints regarding
the product of the Asian paints, the line officers must follow up with calls or
emails, if required they must send their workers to repair the damaged caused due
to the company's product.
There are complaints by the customers regarding the care- free behavior of the
team leaders, resulting in poor customer satisfaction.
To avoid this management must try to change the behavior of the officers as well
as team leaders. This can be done by bringing Change Management.
Asian Paints Co. Must re-treat its primers, in its research laboratories to avoid the
inhalation of the harmful fumes and make the products eco-friendly.
Asian Paints is one of the best paints, but certain weaknesses still persist,
regarding its colour fadedness, adhesion & smoothness.
Therefore to avoid this company must have a regular check on its production
department and quality department and every activity related to the development
of the product.
They can do this on regular intervals by adopting techniques like Kaizen
technique and Total Quality Management.
The customers feel that the advertisements are misleading and fraud.
Therefore to remove this negative attitude of the customers the company can
demonstrate how to use a particular product and how to utilize and maintain it at
its maximum level.
At last how to obtain an advertisement look.
Conclusions
Adhesion of paint: Peeling due to poor adhesion is characterized by the paint peeling
and separating from an earlier paint layer (intercut peeling) or from the substrate
leaving some paint behind. Sometimes portions of earlier paint layers are visible
under the curling, peeling paint layer.
Ratio Scale: Ratio is the relationship between the two numbers. Ratio Scale data is a
factor which gives the information regarding the relation existing between two or
more identical geometrical figure.
Itemised rating scale : Itemised rating scale is also called as numerical scale.
Limited number of categories in terms of their scale position is selected in this rating
scale. Scales with five or seven categories are employed for this purpose. The more
clearly defined the categories , the more reliable ratings are likely to be.
Firmographic data: Find all the information you need to target new prospects as
well as gain valuable intelligence on your existing customers. By segmenting your
marketing list, identify the right product to offer each prospect and ultimately expand
your customer base.
Types of Data:
Primary data: Primary data are the data that have been observed or recorded by
researches for the first time to their knowledge. Sources of primary data are the
sampling units chosen. It can be carried through Observation, Experiment, Surveys
and other methods.
Secondary data: Secondary data may be described as those data that have been
complied by some agency other than the user. Secondary sources of data may be of
two types; internal data and external data.
BIBLOGRAPHY
2) Dr. Shaila Bootwala , D.J. Penkar, V.K. Behere, ‘Modern Marketing Management’,
Customer Relationship Management, Nirali Prakashan, Pune, June 2006 , Page no.
5.1
Websites:
4) http://managementhelp.org/customer/satisfy.htm#anchor4293023093
5) http://homerepair.about.com/od/exteriorhomerepair/ss/paint_failures.htm
QUESTIONNAIRE
NO-1
(for general purpose)
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
2. Please rate your level of satisfaction with your sales representative in the following areas.
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
Responsiveness
Professionalism
Understanding my needs
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
4. Regarding the price level fixed by Asian Paints did you find it satisfactory?
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
QUESTIONNAIRE
NO-2
(for specific purpose)
1. Are you satisfied by the quality of the Asian paints in the terms of smell, shine , texture, colour?
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
2. Are you satisfied by the smooth wall surface you get after using Asian paints?
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
YES NO
YES NO
YES NO
6. After using Royale Asian Paints do you experience Yellowing of the wall colour ?
YES NO
7. Do you experience microbial growth on the walls after using Asian Paints?
YES NO
8. Have you used Asian Paint Primers ?( Asian Paints Acrylic Wall Putty, Primer ST, Primer WT, etc)
YES NO
OR
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
9. There are various Decorative Paints for Exterior walls, Interior walls, Metal surfaces, Wood
surfaces. Have you used any of them ?
YES NO
OR
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
10. Asian Paints provide expert help in makeovers and decorative ideas. Did you find it useful?
YES NO
11. Do you feel the T.V. commercials of Asian Paints Company are misleading?
YES NO
YES NO
OR
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
13. Do you feel satisfied by the after sales services provided by Asian Paints ,in terms of tips on the
post application and maintenance, invoice, warranty card, etc.
4 3 2 1
Very satisfied somewhat satisfied some what very dissatisfied
dissatisfied
14. Do you think Asian Paints are more satisfactory than other paints?
YES NO
15. Would you like to give any suggestions to the Asian Paints regarding their product or services?
YES NO
OR