SlideShare a Scribd company logo
1 of 10
Technology company:
Dynex
EVALUATION, INTERPRETATION AND ANALYSIS
Backround: Dynex
 Technology company that sells household electronic equipment, cameras, cell-
phones, computers etc.
 Shops have a rough factory look and feel
 All products are kept in boxes (Unable to observe products physically and get
attached)
 Staff are ill- equipped and unengaged
 Low prices
Research
methodology  Store Layout
 Staff engagement
 Value for money ( Cost effective)
 Recommendations
 Experienced problems within stores
 Customer loyalty
Surveys were conducted to
analyse the customer
satisfaction. The captured data is
then compared to a competitor.
Sample sizes vary, all findings are
in percentages
Store Layout
76.00%
78.00%
80.00%
82.00%
84.00%
86.00%
88.00%
90.00%
92.00%
Dynex Connect!
Store layout
Store layout
Dynex is roughly 10% lower than
Connect! According to the
survey.
The comparison made is based
on the layout of the stores. The
layout will determine consumers
experience in the store.
Convenience is important
,however, product strategies and
price competition should be
considered. Physical appeal is
what differentiate online buying
and in-store.
Staff Skills
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
Dynex Connect!
Staff skills
Staff skills
Dynex is 14% lower than
Connect! On staff skills,
customers do not find Dynex
competency for service high.
Employees are the information
boards of the products the
company has to offer.
Capabilities and competency are
key players when assisting
consumers in their purchase
decisions.
Value for money
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
Dynex Connect!
Value for money
Value for money
16% More customers find
Connect! To have better value
for money than Dynex.
Depending on the price
sensitivity of the target market,
consumers are always looking
for value for money, however,
being too price effective can
influence how consumers
perceive the quality of the
products.
Shop again
65.00%
70.00%
75.00%
80.00%
85.00%
90.00%
Dynex Connect!
Shop again
Shop again
72,6% of shoppers will return to
Dynex for their services.
Consumer loyalty is important,
having loyal consumers will set
predictable sales. After sales
service and in-store sales and
assistance will determine how
consumers perceive the
company. Loyal consumers gives
a company opportunity to recruit
new customers while have
predictable sales
Recommend
54.00%
56.00%
58.00%
60.00%
62.00%
64.00%
66.00%
Dynex Connect!
Recommend
Recommend
59% of Dynex customers will
recommend Dynex services to
their family and friends.
Word of mouth is still one of the
biggest marketing strategies that
is most effective. People trust
their family and friends opinions
more than physical
advertisements.
Conclusion
 Connect! Has the majority of the target market, Dynex needs to consider to attend
to the problem areas in order to close the market gap and obtain the untouched
market percentage.
 Middle management needs to be addressed
 Staff needs more training
 In-store development
 Problem solving skills improvement
 Re think operation costs and suppliers
Experienced a
problem
0.00%
5.00%
10.00%
15.00%
20.00%
Dynex Connect!
Experience a problem
Experience a problem
18,5% of Dynex consumers said
that they had experienced a
problem in a Dynex store.
Problem solving is the backbone
for a company to survive,
consumer satisfaction and
reaction time to problems
experienced in stores. The
employees capabilities to satisfy
unsatisfied customers.

More Related Content

What's hot

Driving loyalty: How point-of-sale rewards redemption attracts repeat customers
Driving loyalty: How point-of-sale rewards redemption attracts repeat customersDriving loyalty: How point-of-sale rewards redemption attracts repeat customers
Driving loyalty: How point-of-sale rewards redemption attracts repeat customersNational Retail Federation
 
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, AnywhereOmni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, AnywhereRevionics
 
Retail Pricing in a Dynamic Promotional World
Retail Pricing in a Dynamic Promotional WorldRetail Pricing in a Dynamic Promotional World
Retail Pricing in a Dynamic Promotional WorldRevionics
 
Chi pma metrics presentation
Chi pma metrics presentationChi pma metrics presentation
Chi pma metrics presentationtoddwyder
 
Cold and Flu Season Proposal
Cold and Flu Season ProposalCold and Flu Season Proposal
Cold and Flu Season ProposalAnyssa Volarath
 
How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...
How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...
How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...National Retail Federation
 
WGU Capstone Topic Ideas
WGU Capstone Topic IdeasWGU Capstone Topic Ideas
WGU Capstone Topic IdeasCapstone Paper
 
Revionics key components of a winning promotional strategy - oct 2015
Revionics   key components of a winning promotional strategy - oct 2015Revionics   key components of a winning promotional strategy - oct 2015
Revionics key components of a winning promotional strategy - oct 2015Revionics
 
Risks of a multi vendor
Risks of a multi vendorRisks of a multi vendor
Risks of a multi vendorDialog Direct
 
3 CX Best Practices to Keep Customers Coming Back
3 CX Best Practices to Keep Customers Coming Back3 CX Best Practices to Keep Customers Coming Back
3 CX Best Practices to Keep Customers Coming BackPrimary Intelligence
 
Eric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of Failure
Eric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of FailureEric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of Failure
Eric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of FailureStagnitoBusinessInformation
 

What's hot (13)

Bad Apple
Bad AppleBad Apple
Bad Apple
 
Driving loyalty: How point-of-sale rewards redemption attracts repeat customers
Driving loyalty: How point-of-sale rewards redemption attracts repeat customersDriving loyalty: How point-of-sale rewards redemption attracts repeat customers
Driving loyalty: How point-of-sale rewards redemption attracts repeat customers
 
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, AnywhereOmni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
 
Retail Pricing in a Dynamic Promotional World
Retail Pricing in a Dynamic Promotional WorldRetail Pricing in a Dynamic Promotional World
Retail Pricing in a Dynamic Promotional World
 
Chi pma metrics presentation
Chi pma metrics presentationChi pma metrics presentation
Chi pma metrics presentation
 
Cold and Flu Season Proposal
Cold and Flu Season ProposalCold and Flu Season Proposal
Cold and Flu Season Proposal
 
How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...
How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...
How Lucky Brand Optimized Allocation and Store Fulfillment with Advanced Anal...
 
WGU Capstone Topic Ideas
WGU Capstone Topic IdeasWGU Capstone Topic Ideas
WGU Capstone Topic Ideas
 
Revionics key components of a winning promotional strategy - oct 2015
Revionics   key components of a winning promotional strategy - oct 2015Revionics   key components of a winning promotional strategy - oct 2015
Revionics key components of a winning promotional strategy - oct 2015
 
Risks of a multi vendor
Risks of a multi vendorRisks of a multi vendor
Risks of a multi vendor
 
Quality assurance in the supply chain
Quality assurance in the supply chainQuality assurance in the supply chain
Quality assurance in the supply chain
 
3 CX Best Practices to Keep Customers Coming Back
3 CX Best Practices to Keep Customers Coming Back3 CX Best Practices to Keep Customers Coming Back
3 CX Best Practices to Keep Customers Coming Back
 
Eric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of Failure
Eric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of FailureEric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of Failure
Eric Le Blanc, VP of Marketing, Deli, Tyson Foods - Consequences of Failure
 

Similar to Technology company

Ari Hoffman: Google in Your Pocket
Ari Hoffman: Google in Your PocketAri Hoffman: Google in Your Pocket
Ari Hoffman: Google in Your PocketJack Molisani
 
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!National Retail Federation
 
Summitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media ToolsetSummitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media ToolsetSummitry Worldwide
 
Dell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEO
Dell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEODell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEO
Dell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEOdanseymour
 
Measuring cx roi with social media deck 787-f
Measuring cx roi with social media   deck 787-fMeasuring cx roi with social media   deck 787-f
Measuring cx roi with social media deck 787-fGideon Ale
 
Measuring Customer-Experience ROI with social media
Measuring Customer-Experience ROI with social mediaMeasuring Customer-Experience ROI with social media
Measuring Customer-Experience ROI with social mediaMichael Wolfe
 
Retail Tour Partner Workshop - Zendesk
Retail Tour Partner Workshop - ZendeskRetail Tour Partner Workshop - Zendesk
Retail Tour Partner Workshop - ZendeskShopify
 
Winning in the age of the customer_final
Winning in the age of the customer_finalWinning in the age of the customer_final
Winning in the age of the customer_finalMelissa Bendon
 
How “associate-first” learning drives more sales and satisfaction
How “associate-first” learning drives more sales and satisfactionHow “associate-first” learning drives more sales and satisfaction
How “associate-first” learning drives more sales and satisfactionAxonify
 
Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)
Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)
Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)Acquia
 
CRM Analytics_Marketelligent
CRM Analytics_MarketelligentCRM Analytics_Marketelligent
CRM Analytics_MarketelligentMarketelligent
 
EVRYTHNG Digitized Products Best Practices
EVRYTHNG Digitized Products Best PracticesEVRYTHNG Digitized Products Best Practices
EVRYTHNG Digitized Products Best PracticesRids Vazi
 
Digitized Products Best Practice Guide - EVRYTHNG
Digitized Products Best Practice Guide - EVRYTHNGDigitized Products Best Practice Guide - EVRYTHNG
Digitized Products Best Practice Guide - EVRYTHNGRids Vazi
 
Personalization is driving digital food retailing_IDC_Precima
Personalization is driving digital food retailing_IDC_PrecimaPersonalization is driving digital food retailing_IDC_Precima
Personalization is driving digital food retailing_IDC_PrecimaNational Retail Federation
 
5 tips als je nu wilt starten met digital marketing analytics
5 tips als je nu wilt starten met digital marketing analytics5 tips als je nu wilt starten met digital marketing analytics
5 tips als je nu wilt starten met digital marketing analyticsAvanade Nederland
 
Verde Group
Verde GroupVerde Group
Verde GroupJared
 
Customer Experience Trends 2016
Customer Experience Trends 2016Customer Experience Trends 2016
Customer Experience Trends 2016Salesforce_Nordics
 
2018 product marketing trends report
2018 product marketing trends report2018 product marketing trends report
2018 product marketing trends reportTravis Wilkins
 
Retail Banking Analytics_Marketelligent
Retail Banking Analytics_MarketelligentRetail Banking Analytics_Marketelligent
Retail Banking Analytics_MarketelligentMarketelligent
 

Similar to Technology company (20)

Ari Hoffman: Google in Your Pocket
Ari Hoffman: Google in Your PocketAri Hoffman: Google in Your Pocket
Ari Hoffman: Google in Your Pocket
 
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
 
Summitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media ToolsetSummitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media Toolset
 
Dell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEO
Dell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEODell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEO
Dell_BDS_Path2Purch_Oct2015_FINAL_withoutVIDEO
 
Measuring cx roi with social media deck 787-f
Measuring cx roi with social media   deck 787-fMeasuring cx roi with social media   deck 787-f
Measuring cx roi with social media deck 787-f
 
Measuring Customer-Experience ROI with social media
Measuring Customer-Experience ROI with social mediaMeasuring Customer-Experience ROI with social media
Measuring Customer-Experience ROI with social media
 
Retail Tour Partner Workshop - Zendesk
Retail Tour Partner Workshop - ZendeskRetail Tour Partner Workshop - Zendesk
Retail Tour Partner Workshop - Zendesk
 
Winning in the age of the customer_final
Winning in the age of the customer_finalWinning in the age of the customer_final
Winning in the age of the customer_final
 
How “associate-first” learning drives more sales and satisfaction
How “associate-first” learning drives more sales and satisfactionHow “associate-first” learning drives more sales and satisfaction
How “associate-first” learning drives more sales and satisfaction
 
Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)
Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)
Deliver the CX They Expect: Customer Experience Trends Report (Global Edition)
 
CRM Analytics_Marketelligent
CRM Analytics_MarketelligentCRM Analytics_Marketelligent
CRM Analytics_Marketelligent
 
EVRYTHNG Digitized Products Best Practices
EVRYTHNG Digitized Products Best PracticesEVRYTHNG Digitized Products Best Practices
EVRYTHNG Digitized Products Best Practices
 
Digitized Products Best Practice Guide - EVRYTHNG
Digitized Products Best Practice Guide - EVRYTHNGDigitized Products Best Practice Guide - EVRYTHNG
Digitized Products Best Practice Guide - EVRYTHNG
 
Personalization is driving digital food retailing_IDC_Precima
Personalization is driving digital food retailing_IDC_PrecimaPersonalization is driving digital food retailing_IDC_Precima
Personalization is driving digital food retailing_IDC_Precima
 
5 tips als je nu wilt starten met digital marketing analytics
5 tips als je nu wilt starten met digital marketing analytics5 tips als je nu wilt starten met digital marketing analytics
5 tips als je nu wilt starten met digital marketing analytics
 
Verde Group
Verde GroupVerde Group
Verde Group
 
Customer Experience Trends 2016
Customer Experience Trends 2016Customer Experience Trends 2016
Customer Experience Trends 2016
 
2018 product marketing trends report
2018 product marketing trends report2018 product marketing trends report
2018 product marketing trends report
 
Retail Banking Analytics_Marketelligent
Retail Banking Analytics_MarketelligentRetail Banking Analytics_Marketelligent
Retail Banking Analytics_Marketelligent
 
project eyewear
project eyewearproject eyewear
project eyewear
 

Technology company

  • 2. Backround: Dynex  Technology company that sells household electronic equipment, cameras, cell- phones, computers etc.  Shops have a rough factory look and feel  All products are kept in boxes (Unable to observe products physically and get attached)  Staff are ill- equipped and unengaged  Low prices
  • 3. Research methodology  Store Layout  Staff engagement  Value for money ( Cost effective)  Recommendations  Experienced problems within stores  Customer loyalty Surveys were conducted to analyse the customer satisfaction. The captured data is then compared to a competitor. Sample sizes vary, all findings are in percentages
  • 4. Store Layout 76.00% 78.00% 80.00% 82.00% 84.00% 86.00% 88.00% 90.00% 92.00% Dynex Connect! Store layout Store layout Dynex is roughly 10% lower than Connect! According to the survey. The comparison made is based on the layout of the stores. The layout will determine consumers experience in the store. Convenience is important ,however, product strategies and price competition should be considered. Physical appeal is what differentiate online buying and in-store.
  • 5. Staff Skills 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% Dynex Connect! Staff skills Staff skills Dynex is 14% lower than Connect! On staff skills, customers do not find Dynex competency for service high. Employees are the information boards of the products the company has to offer. Capabilities and competency are key players when assisting consumers in their purchase decisions.
  • 6. Value for money 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 90.00% Dynex Connect! Value for money Value for money 16% More customers find Connect! To have better value for money than Dynex. Depending on the price sensitivity of the target market, consumers are always looking for value for money, however, being too price effective can influence how consumers perceive the quality of the products.
  • 7. Shop again 65.00% 70.00% 75.00% 80.00% 85.00% 90.00% Dynex Connect! Shop again Shop again 72,6% of shoppers will return to Dynex for their services. Consumer loyalty is important, having loyal consumers will set predictable sales. After sales service and in-store sales and assistance will determine how consumers perceive the company. Loyal consumers gives a company opportunity to recruit new customers while have predictable sales
  • 8. Recommend 54.00% 56.00% 58.00% 60.00% 62.00% 64.00% 66.00% Dynex Connect! Recommend Recommend 59% of Dynex customers will recommend Dynex services to their family and friends. Word of mouth is still one of the biggest marketing strategies that is most effective. People trust their family and friends opinions more than physical advertisements.
  • 9. Conclusion  Connect! Has the majority of the target market, Dynex needs to consider to attend to the problem areas in order to close the market gap and obtain the untouched market percentage.  Middle management needs to be addressed  Staff needs more training  In-store development  Problem solving skills improvement  Re think operation costs and suppliers
  • 10. Experienced a problem 0.00% 5.00% 10.00% 15.00% 20.00% Dynex Connect! Experience a problem Experience a problem 18,5% of Dynex consumers said that they had experienced a problem in a Dynex store. Problem solving is the backbone for a company to survive, consumer satisfaction and reaction time to problems experienced in stores. The employees capabilities to satisfy unsatisfied customers.