SlideShare a Scribd company logo
1 of 50
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
8
KarunyaSchool of Management,Coimbatore
CHAPTER 1
INTRODUCTION
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
9
KarunyaSchool of Management,Coimbatore
1. INTRODUCTION
Customer satisfaction is a key and valued outcome of good marketing practice. According to
Drucker (1954), the principle purpose of a business is to create satisfied customers.
Increasing customer satisfaction has been found to lead to higher future profitability
(Anderson, Fornell, and Lehmann 1994), lower costs related to defective goods and services
(Anderson, Fornell, and Rust 1997), increased buyer willingness to pay price premiums,
provide referrals, and use more of the product (Reichheld 1996; Anderson and Mittal 2000),
and higher levels of customer retention and loyalty (Fornell 1992; Anderson and Sullivan
1993; Bolton 1998). Increasing loyalty, in turn, has been found to lead to increases in future
revenue (Fornell 1992; Anderson, Fornell, and Lehmann 1994) and reductions in the cost of
future transactions (Reichheld 1996; Srivastava, Shervani, and Fahey 1998). All of this
empirical evidence suggests that customer satisfaction is valuable from both a customer
goodwill perspective and an organization’s financial perspective.
A firm’s future profitability depends on satisfying customers in the present – retained
customers should be viewed as revenue producing assets for the firm (Anderson and Sullivan
1993; Reichheld 1996; Anderson and Mittal 2000). Empirical studies have found evidence
that improved customer satisfaction need not entail higher costs, in fact, improved customer
satisfaction may lower costs due to a reduction in defective goods, product re-work, etc.
(Fornell 1992; Anderson, Fornell, and Rust 1997). However, the key to building long-term
customer satisfaction and retention and reaping the benefits these efforts can offer is to focus
on the development of high quality products and services. Customer satisfaction and retention
that are bought through price promotions, rebates, switching barriers, and other such means
are unlikely to have the same long-run impact on profitability as when such attitudes and
behaviors are won through superior products and services (Anderson and Mittal 2000). Thus,
squeezing additional reliability out of a manufacturing or service delivery process may not
increase perceived quality and customer satisfaction as much as tailoring goods and services
to meet customer needs (Fornell, Johnson, Anderson, Cha, and Everitt 1996).
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
10
KarunyaSchool of Management,Coimbatore
1.1 OBJECTIVES
 To check the altitude towards classic drinking water
 To find out the factors affecting the purchasing of product
 To determine the important element of repeat purchasing
 To find out level of satisfaction towards classic products
1.2 SCOPE OF THE STUDY
This study was done to understand the customer satisfaction. The sample size is 100 the
source of the study is both primary and secondary data. The primary data are collected
through structured questionnaire.
To study the customer satisfaction of the company, Secondary data are collected from
newspapers, journals and magazines. Analysis and interpretation are done by using
percentage analysis. Based on the analysis and interpretation findings are made and
suggestions are given.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
11
KarunyaSchool of Management,Coimbatore
CHAPTER 2
INDUSTRY PROFILE AND COMPANY
PROFILE
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
12
KarunyaSchool of Management,Coimbatore
2. INDUSTRYPROFILE
Water is the most important necessity for life. The drinking-water needs for individuals vary
depending on the climate, physical activity and the body culture. But for average consumers
it is estimated to be about two to four litres per day. The growing number of cases of water
borne diseases, increasing water pollution, increasing urbanization, increasing scarcity of
pure and safe water etc. has made the bottled water business just like other consumer items.
Scarcity of potable and wholesome water at railway stations, tourist’s spots, and role of
tourism corp. etc. has also added to the growth. Indians currently spending about $330m a
year on bottled water, analysts estimate. The packaged water market constitutes 15 per cent
of the overall packaged beverage industry, which has annual sales of at least $2.6bn, Deepak
Jolly, a spokesperson for Coca-Cola India said.
Almost all the major international and national brands water bottles are available in Indian
market right from the malls to railway stations, bus stations, grocery stores and even at
panwala's shop. Before few years bottle water was considered as the rich people's choice, but
now it is penetrated even in rural areas. The growth and status of Indian Bottled Industry in
comparison with Western or Asian market, India is far behind in terms of quantum,
infrastructure, professionalism and standards implementation. The per capita consumption of
mineral water in India is a mere 0.5-liter compared to 111 liter in Europe and 45-liter in
USA. Also As per UN study conducted in 122 countries, in connection with water quality,
India's number was dismal 120.
In comparison to global standards India's bottle water
segment is largely unregulated. Former President Dr. A.P.J. Abdul Kalam has urged
youngsters on July 17, 2010 to be aware of water conservation techniques to avoid grave
water crisis in future. "It is so sad that today, people are forced to buy water in plastic bottles.
I am told that bottled water industry is worth nearly 10000 crore rupees and even big
companies like the Coke and Pepsi are involved in this bottling of water and making money.
So, it is imperative that we ought to save water," he added. Do not be surprise if today's
bottles water industry becomes next Oil industry by 2025.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
13
KarunyaSchool of Management,Coimbatore
2.1 Bottled WaterIndustry in India
Water Shortage and Health Awareness Driving Bottled Water Consumption in India. The
Indian market is estimated at about Rs 1,000 Crore and is growing at whopping rate of 40 per
cent. By 2020, it will reach Rs 4,000 – Rs 5,000 Crore with 33 per cent market for natural
mineral water. According to a national-level study, there are more than 200 bottled water
brands in India and among them nearly 80 per cent are local brands. Leave alone the metros,
where a bottled-water manufacturer can be found even in a one-room shop, in every medium
and small city and even some prosperous rural areas there are bottled water
manufacturers. While India ranks in the top 10 largest bottled water consumers in the world,
its per capita per annum consumption of bottled water is estimated to be five litres which is
comparatively lower than the global average of 24 litres. Today it is one of India's fastest
growing industrial sectors. Between 2009 and 2014, the Indian bottled water market grew at a
compound annual growth rate (CAGR) of 36 per cent - the highest in the world. The total
annual bottled water consumption in India had tripled to 8 billion liters in 2014 from 3 billion
liters in 2010. Global consumption of bottled water was nearing 600 billion liters in 2016.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
14
KarunyaSchool of Management,Coimbatore
2.2 COMPANY PROFILE
Aiswarya Beverages Limited is a private limited company incorporated in 2000 with its plant
at Thiruvalla in Pathanamthitta District of Kerala. The company was promoted by Aby
Mathew, an NRI from UAE. The company’s registered office is located at Kerala.
The company bottles and sells natural mineral water under the brand name Classic, sources
its water directly from an underground aquifer located about 130 metres below the earth's
surface.
The company started its commercial production in April 2000. The company now proposes to
expand its retail distribution network by appointing consignee and distributors agents in
various parts of the country. The company’s existing clientele includes 5 Star Hotels,
Airlines, Embassies etc, and tie-ups with ‘A’ category retail outlets, modern retail (malls),
multiplexes, hyper marts, fine-dine restaurants are also in the offing.
The brand Classic, enjoys an aspirational equity amongst consumers and has the potential of
truly becoming an international and iconic brand, it is this potential that the new management
proposes to unlock through brand building and enhanced distribution.
2.3 ABOUT THE PRODUCT
Product ranges of the company include:
The company’s principal activity is to manufacture packaged natural mineral water with in-
house facilities to manufacture PET bottles and caps. It markets its products under the brand
name Classic natural mineral water is available in four pack sizes namely 25 ltr, 2 ltr, 1.5 ltr,
1 ltr. And the company have soft drinks also.
Awards/Achievements
 The company and the product enjoy the certification of various authorities like
HACCP, BIS and ISI in India.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
15
KarunyaSchool of Management,Coimbatore
2.4 PRODUCT PROFILE
Still Water
Sparkling Water
The Classic Sparkling Water Range
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
16
KarunyaSchool of Management,Coimbatore
Flavoured Waters
The Classic Flavoured Waters 2 Litre Range
Soft Drinks & Cordials
The Classic Soft Drinks & Cordials Range
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
17
KarunyaSchool of Management,Coimbatore
Kids Packs
The Classic Kids Range
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
18
KarunyaSchool of Management,Coimbatore
2.5 ORGANISATIONSTRUCTURE
Fig.2.1
PRODUC
TION
MANAGE
R
QUALITY
CONTROLLER
W
O
R
K
E
R
S
SUPERV
ISOR
PRODUC
TION IN
CHARGEACCOUNTS
OFFICER
CUM
CASHIER
FINANCE
MANAGER
GENE
RAL
MAN
AGER
(ADMI
NISTR
ATIO
N)
Ma
na
gin
g
Dir
ect
or
Human
Resource
Officer
Human
Resource
Manager
MARKETING
OR SALES
MANAGER
Sales
man
ExecutivesSupervisor
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
19
KarunyaSchool of Management,Coimbatore
CHAPTER 3
REVIEW OF LITERATURE
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
20
KarunyaSchool of Management,Coimbatore
3. REVIEW OF LITERATURE
Satisfaction is consumer’s fulfilment response. It is a judgment that a product or a service
feature or the product or service itself provides pleasurable level of consumption related
fulfilment. Customer’s satisfaction influenced by specific product are service features and by
perceptions of quality. It is also influenced by specific service attributions, and their
perceptions
Measuring satisfaction and building a satisfaction survey requires at least a basic knowledge
of the satisfaction measurement literature, combined with your own customer satisfaction
experiences. This brief tutorial provides such an introduction to the theoretical and
methodological underpinnings of satisfaction research.
Customer satisfaction is the most common of all marketing surveys and is part of the "big
three" research studies in marketing that include market segmentation and concept testing.
Customer Satisfaction is the pillar of the marketing concept.
Satisfaction is consumer’s fulfilment response. It is a judgment that a product or a service
feature or the product or service itself provides pleasurable level of consumption related
fulfilment.
Customer’s satisfaction influenced by specific product are service features and by perceptions
of quality. It is also influenced by specific service attributions, and their perceptions
The telling factor in the company’s long run fortunes will be the amount of customer
satisfaction that it managers to generate. But it doesn’t mean the company’s sole aim is to
maximize Customer Satisfaction. If that where the case, it should simply put out the best
product and service in the world and price is below cost. There by it would be creating
substantial customer satisfaction. But in the long run it would be also be out of business.
Customer Satisfaction like happiness bet achieved by rendering substantial forma of
assistance to others rather than by direct pursuit.
Companies that move towards adopting the market concept benefit themselves and the
society. It leads the society’s recourse to move in the direction of social needs, there by
bringing the interests of business firms and the interest of society in to harmonious
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
21
KarunyaSchool of Management,Coimbatore
relationship. Thus the third pillory of the marketing concept aims to achieve good profits by
giving the customer genuine values in the satisfaction.
Customer satisfaction, a business term, is a measure of how products and services supplied by
a company meet or surpass customer expectation. It is seen as a key performance indicator
within business and is part of the four perspectives of a Balanced Scorecard.
In a competitive marketplace where businesses compete for customers, customer satisfaction
is seen as a key differentiator and increasingly has become a key element of business
strategy. Increasing competition (whether for-profit or non-profit) is forcing businesses to
pay much more attention to satisfying customers. (It may help the reader to notice the role of
customer satisfaction in the overall context of product or service development and
management.
3.1 Measuring customersatisfaction
Organizations are increasingly interested in retaining existing customers while targeting non-
customers; measuring customer satisfaction provides an indication of how successful the
organization is at providing products and/or services to the marketplace.
Customer satisfaction is an ambiguous and abstract concept and the actual manifestation of
the state of satisfaction will vary from person to person and product/service to
product/service. The state of satisfaction depends on a number of both psychological and
physical variables which correlate with satisfaction behaviours such as return and recommend
rate. The level of satisfaction can also vary depending on other options the customer may
have and other products against which the customer can compare the organization's products.
Because satisfaction is basically a psychological state, care should be taken in the effort of
quantitative measurement, although a large quantity of research in this area has recently been
developed. Work done by Berry, Brooder between 1990 and 1998defined ten 'Quality Values'
which influence satisfaction behavior, further expanded by Berry in 2002 and known as the
ten domains of satisfaction. These ten domains of satisfaction include: Quality, Value,
Timeliness, Efficiency, Ease of Access, Environment, Inter-departmental Teamwork, Front
line Service Behaviors, Commitment to the Customer and Innovation. These factors are
emphasized for continuous improvement and organizational change measurement and are
most often utilized to develop the architecture for satisfaction measurement as an integrated
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
22
KarunyaSchool of Management,Coimbatore
model. Work done by Parasuraman, Zeithaml and Berry between 1985 and 1988 provides the
basis for the measurement of customer satisfaction with a service by using the gap between
the customer's expectation of performance and their perceived experience of performance.
This provides the measurer with a satisfaction "gap" which is objective and quantitative in
nature. Work done by Cronin and Taylor propose the "confirmation/disconfirmation" theory
of combining the "gap" described by Parasuraman, Zeithaml and Berry as two different
measures (perception and expectation of performance) into a single measurement of
performance according to expectation. According to Garbrand, customer satisfaction equals
perception of performance divided by expectation of performance.
The usual measures of customer satisfaction involve a survey with a set of statements using a
Likert Technique or scale. The customer is asked to evaluate each statement and in term of
their perception and expectation of the performance of the organization being measured.
3.2 SatisfactionMeasurement:Overall MeasuresofSatisfaction
Satisfaction measures involve three psychological elements for evaluation of the product or
service experience: cognitive (thinking/evaluation), affective (emotional-feeling/like-dislike)
and behavioural (current/future actions).
Customer satisfaction usually leads to customer loyalty and product repurchase. But
measuring satisfaction is not the same as measuring loyalty. Satisfaction measurement
questions typically include items like:
An overall satisfaction measure (emotional):
Satisfaction is a result of a product related experience and this question reflects the overall
opinion of a consumer's experience with the product's performance. Note that it is
meaningful to measure attitudes towards a product that a consumer has never used, but not
satisfaction for a product or brand that has never been used.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
23
KarunyaSchool of Management,Coimbatore
1. A loyalty measure
2. A series of attribute satisfaction measures Satisfaction and attitude are closely related
concepts. The psychological concepts of attitude and satisfaction may both be defined as the
evaluation of an object and the individual's relationship to it. The distinction is that
satisfaction is a "post experience" evaluation of the satisfaction produced by the product's
quality or value.
3. Intentions to repurchase
Satisfaction can influence post-purchase/post-experience actions other than usage (such as
word of mouth communications and repeat purchase behaviour). Additional post-experience
actions might include product or information search activity, changes in shopping behaviour
and trial of associated products.
3.3 Types of CustomerExpectations that Influence Satisfaction
Customer performance expectations for attributes, features and benefits of products and
services may be identified as both explicit and implicit expectation questions.
Explicit expectations are mental targets for product performance, such as well identified
performance standards. For example, if expectations for a colour printer were for 11 pages
per minute and high quality colour printing, but the product actually delivered 3 pages per
minute and good quality colour printing, then the cognitive evaluation comparing product
performance and expectations would be 11 PPM — 3 PPM + High — Good, with each item
weighted by their associated importance.
Implicit expectations represent the norms of performance that reflect accepted standards
established by business in general, other companies, industries, and even cultures.
Static performance expectations address how performance and quality for a specific
application are defined. Each system's performance measures are unique, though general
expectations relate to quality of outcome and may include those researched by Berry, or
others such as: accessibility, customization, dependability, timeliness, and accuracy, tangible
cues which augment the application, options, cutting edge technology, flexibility, and user
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
24
KarunyaSchool of Management,Coimbatore
friendly interfaces. Static performance expectations are the visible part of the iceberg; they
are the performance we see and — often erroneously — assume are all that exist.
Dynamic performance expectations are about how the product or service evolves over time
and includes the changes in support and product or service enhancement needed to meet
future business or use environments. Dynamic performance expectations may help to "static"
performance expectations as new uses, integrations, or system requirements develop.
Technological expectations focus on the evolving state of the product category. For
example, mobile phones are continually evolving. Mobile service providers, in an effort to
deal with the desire to switch to new technology phones, market rate plans with high
cancellation penalties. The availability of low profile phones with email, camera, MP3, email,
and blue tooth technology changes technology expectations as well as the static and dynamic
performance expectations of the product. These highly involving products enhance
perceptions of status, ego, self-image, and can even invoke fear when the product is not
available.
Interpersonal expectations involve the relationship between the customer and the product or
service provider. Person to person relationships are increasingly important, especially where
products require support for proper use and functioning. Expectations for interpersonal
support include technical knowledge and ability to solve the problem, ability to communicate,
time to problem resolution, courtesy, patience, enthusiasm, helpfulness, understood my
situation and problem, communication skills, and customer perceptions regarding
professionalism of conduct, often including image, appearance.
For each of these types of expectations that when fulfilled result in customer satisfaction (or
when not delivered, result in dissatisfaction and complaining behaviour), the perceived
quality and value are critical and directly influence intention to repurchase and loyalty.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
25
KarunyaSchool of Management,Coimbatore
CHAPTER 4
RESEARCH METHODOLOGY
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
26
KarunyaSchool of Management,Coimbatore
4. RESEARCHMETHODOLOGY
Research methodology is the systematic way to solve the research problem. It gives an idea
about various steps adopted by the researcher in a systematic manner with an objective to
determine various manners.
4.1 ResearchDesign
A research design is considered as the framework or plan for a study that guides as
well as helps the data collection and analysis of data. The research design may be
exploratory, descriptive and experimental for the present study. The descriptive research
design is adopted for this project.
ResearchApproach
The research worker contacted the respondents personally with well-prepared
sequentially arranged questions. The questionnaire is prepared on the basis of objectives of
the study. Direct contract is used for survey, i.e., contacting customers directly in order to
collect data.
Population
The customers of Aiswarya Beverages.
Sample size
From the population 100 customers are selected for survey.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
27
KarunyaSchool of Management,Coimbatore
4.2 Sampling Design
The researcher has used probability sampling in which simple random sampling is
used.
Collectionof Data
Most of the data collected by the researcher is primary data through personal
interview, where the researcher and the respondent operate face – to – face.
ResearchInstrument
The researcher has used a structured questionnaire as a research instrument tool
which consists of open ended questions, multiple choice and dichotomous questions in order
to get data. Thus, Questionnaire is the data collection instrument used in the study. All the
questions in the questionnaire are organized in such a way that elicit all the relevant
information that is needed for the study
StatisticalTools
The statistical tools used for analysing the data collected are percentage method, bar
diagrams and pie diagrams.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
28
KarunyaSchool of Management,Coimbatore
CHAPTER 5
DATA ANALYSIS AND INTERPRETATION
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
29
KarunyaSchool of Management,Coimbatore
TABLE NO: 1
Table showing classification on the basis of age
Graph NO: 1. Fig.5.1
Graph showing classification on the basis of age
INTERPRETATION
From the above table it is clear that majority 36% are from the age group 30-40, about 25%
are below 20, about 26% are from 20-30group and the remaining 13% are above 40.
25 26
36
13
25 26
36
13
0
5
10
15
20
25
30
35
40
Below 20 20-30 30-40 Above 40
SL
NO CRITERIA
NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Below 20 25 25
2 20-30 26 26
3 30-40 36 36
4 Above 40 13 13
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
30
KarunyaSchool of Management,Coimbatore
TABLE NO: 2
Table showing classification of respondents of the basis of gender
Graph NO: 2 Fig. 5.2
Graph showing classification of respondents of the basis of gender
INTERPRETATION
From the above table it is clear that 76% are male and remaining 24% are female
76
24
76
24
0
10
20
30
40
50
60
70
80
Male Female
SL
NO CRITERIA
NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Male 76 76
2 Female 24 24
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
31
KarunyaSchool of Management,Coimbatore
TABLE NO: 3
Table showing respondent’s Occupation
Graph NO: 3 Fig. 5.3
Graph showing respondent’s awareness of classic drinking water
INTERPRETATION
From the above table it is clear that 45% are professional, 30% are self-employed, 12% are
students, 10% are retired peoples and about 3 % are home makers.
12
45
30
3
10
Occupation
Student
Professional
Self employed
Home maker
Retired
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Student 12 45
2 Self employed 30 30
3 Professional 45 12
4 Retired 10 10
5 Home maker 3 3
6 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
32
KarunyaSchool of Management,Coimbatore
TABLE NO: 4
Table showing the marital status of the respondents
Graph NO: 4 Fig. 5.4
Graph showing the marital status of the users
INTERPRETATION
From the above table it is clear that 56 % users are single and 44 % users are married.
56
44
Marital Status
Single
Married
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Single 56 56
2 Married 44 44
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
33
KarunyaSchool of Management,Coimbatore
TABLE NO: 5
Table showing Respondent’s brand preference
Graph NO: 5. Fig.5.5
Graph showing respondent’s opinion about preferring a specific brand
INTERPRETATION
From the above table it is inferred that 88% of the respondents will prefer a specific brand,
about 10 will prefer sometimes and the remaining not.
35
29
20
10
6
0
5
10
15
20
25
30
35
40
Classic Aquafina Kinley Bisleri Others
SL NO CRITERIA
NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Classic 35 35
2 Aquafina 29 29
3 Kinley 20 20
4 Bisleri 10 10
5 Others 6 6
6 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
34
KarunyaSchool of Management,Coimbatore
TABLE NO: 6
Table showing respondent’s opinion about purity of classic drinking water
Graph NO: 6. Fig.5.6
Graph showing respondent’s opinion about purity of classic drinking water
INTERPRETATION
From the above table it is clear that 60 % are strongly agree, 30 % are agree, 10% are neutral
and no one is disagreeing with the purity of the water.
0
10
20
30
40
50
60
Column1
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Strongly Agree 60 60
2 Agree 30 30
3 Neutral 10 10
4 Disagree 0 0
5 Strongly
Disagree
0 0
6 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
35
KarunyaSchool of Management,Coimbatore
TABLE NO: 7
Table showing respondent’s satisfaction about the product quality
Graph NO: 7. Fig.5.7
Graph showing respondent’s satisfaction about the product quality
INTERPRETATION
From the above table it is clear that 88% satisfied with the quality of classic drinking water
and about 10% are not that much aware about it. There is a 2% of dissatisfaction also exist
0
10
20
30
40
50
60
70
80
90
100
Highly satisfied Satisfied Dissatisfied Total
88
10
2
100
88
10
2
100
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Highly satisfied 88 88
2 Satisfied 10 10
3 Dissatisfied 2 2
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
36
KarunyaSchool of Management,Coimbatore
TABLE NO: 8
Table showing opinion about factors considered while purchase
Graph NO: 8. Fig.5.8
Graph showing opinion about factors considered while purchase
INTERPRETATION
From the above table it is clear that 45% considers quality of the product, while 35% aims the
availability of the product. Price and brand which is of same percentage of opinioned by 10%
of the total respondents
0
10
20
30
40
50
60
70
80
90
100
Quality Availability Price Brand Total
45
35
10 10
100
45
35
10 10
100
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Quality 45 45
2 Availability 35 35
3 Price 10 10
4 Brand 10 10
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
37
KarunyaSchool of Management,Coimbatore
TABLE NO: 9
Table showing respondent’s opinion about size of bottles available
Graph NO: 9. Fig: 5.9
Graph showing respondent’s opinion about size of bottles available
INTERPRETATION
From the above table it is clear that 88% agreeing with the size of bottle is available as per
their requirements and about 12% are not that much aware about it or not available
accordingly in the case of size of bottle.
88
12
100
88
12
100
0
20
40
60
80
100
120
Yes No Total
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Yes 88 88
2 No 12 12
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
38
KarunyaSchool of Management,Coimbatore
TABLE NO: 10
Table showing what type of drink prefer mostly
Graph NO: 10. Fig: 5.10
Graph showing availability of product
INTERPRETATION
From the above table it is clear that 80% are using soft drinks and 12% are using energy
drinks and only 8% are using both the soft drinks and energy drinks.
80
12
8
.
Soft drinks
Energy drinks
Both
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Energy Drinks 12 12
2 Soft Drinks 80 80
3 Both 8 8
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
39
KarunyaSchool of Management,Coimbatore
TABLE NO: 11
Table showing satisfaction with the sealed packing
Graph NO: 11. Fig: 5.11
Graph showing satisfaction with the sealed packing
INTERPRETATION
From the above table it is inferred that 85% of the respondents are highly satisfied with the
sealed packing of the drinking water. 10% is rates it as satisfied. Still 5% is there with the
dissatisfaction rating also.
0
10
20
30
40
50
60
70
80
90
100
Highly satisfied Satisfied Dissatisfied Total
85
10
5
100
85
10
5
100
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Highly satisfied 85 85
2 Satisfied 10 10
3 Dissatisfied 5 5
4 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
40
KarunyaSchool of Management,Coimbatore
TABLE NO: 12
Table showing quality of product worth value of money
Graph NO: 12. Fig: 5.12
Graph showing quality of product worth value of money
INTERPRETATION
From the above table it is clear that 60% are strongly agreed, 24% are agreed, 8% are neutral,
2% are disagreed and no one is strongly disagreed with the price.
0
10
20
30
40
50
60
70
Strongly
Agree
Agree Neutral Disagree Strongly
Disagree
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Strongly Agree 66 66
2 Agree 24 24
3 Neutral 8 8
4 Disagree 2 2
5 Strongly
disagree
0 0
6 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
41
KarunyaSchool of Management,Coimbatore
TABLE NO: 13
Table showing how they came to know about product
Graph NO: 13. Fig: 5.13
Graph showing they came to know about product
INTERPRETATION
From the above table it is inferred that 30% came to know about the product from
advertisement given by the company, about 10% from magazines, about 60% from other
people references comes to know about the product.
0
10
20
30
40
50
60
Advertisement Magazine Reference by others
1 2 3
30
10
60
30
10
60
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Advertisement 30 30
2 Magazine 10 10
3 Reference by
others
60 60
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
42
KarunyaSchool of Management,Coimbatore
TABLE NO: 14
Table showing respondent’s opinion about buying products regularly
Graph NO: 14. Fig: 5.14
Graph showing classification of respondents on the basis of buying products regularly
INTERPRETATION
From the above table it is clear that 90% regularly buying the company product and about
10% also relies on other company products also.
90
10
SL NO CRITERIA NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Yes 90 90
2 No 10 10
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
43
KarunyaSchool of Management,Coimbatore
TABLE NO: 15
Table showing reason for repeated purchasing
Graph NO: 15. Fig: 5.15
Graph showing opinion about factors considered while purchase
INTERPRETATION
From the above table it is clear that 50% considers quality of the product for repeated
purchase, while 38.8% aims the availability of the product. Price and brand which is of same
percentage of opinioned by 5.5% of the total respondents
0
10
20
30
40
50
60
70
80
90
100
Quality Availability Price Brand Total
45
35
5 5
90
50
38.8
5.5 5.5
100
SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF
RESPONDENTS
1 Quality 45 50
2 Availability 35 38.8
3 Price 5 5.5
4 Brand 5 5.5
Total 90 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
44
KarunyaSchool of Management,Coimbatore
TABLE NO: 16
Table showing respondents opinion about suggesting products to others
Graph NO: 16. Fig: 5.16
Graph showing respondent’s opinion about suggesting products to others
INTERPRETATION
From the above table it is clear that 75% will strongly suggest the product to others and
remaining 15%, 5% are agreeing and neutral and only 5% are disagree to suggest the product
to others.
0 10 20 30 40 50 60 70 80
Strongly agree
Agree
Neutal
Disagree
Strongly disagree
SL NO CRITERIA NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Strongly Agree 75 75
2 Agree 15 15
3 Neutral 5 5
4 Disagree 5 5
5 Strongly Disagree 0 0
6 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
45
KarunyaSchool of Management,Coimbatore
TABLE NO: 17
Table showing the reason behind choosing their brand
Graph NO: 17. Fig: 5.17
Graph showing the reason behind choosing their brand
INTERPRETATION
From the above table it is clear that 40% have choose the brand because of the availability of
the product, 30% are choose the brand because of the advertisement, 20% are choose the
brand because of the taste and about 10% are choose because of the people’s like.
0
5
10
15
20
25
30
35
40
45
Taste Advertisment Easily
Available
People's Like
SL NO CRITERIA NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Taste 20 20
2 Advertisement 30 30
3 Easily Available 40 40
4 People’s like 10 10
5 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
46
KarunyaSchool of Management,Coimbatore
TABLE NO: 18 A
Table showing the respondents have feel difference in using classic drinking water and other
substitutes
Graph NO: 18 A. Fig: 5.18 A
Graph showing the respondents have feel difference in using classic drinking water and other
substitutes
INTERPRETATION
From the above table it is clear that about 75% are showing difference when using classic
products, and about 5% are showing neutral in using classic products. And only 5% is
showing Disagree.
75
15
5
5
0
Strongly Agree
Agree
Neutral
Disagree
Strongly disagree
SL NO CRITERIA NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Strongly Agree 75 75
2 Agree 15 15
3 Neutral 5 5
4 Disagree 5 5
5 Strongly Disagree 0 0
6 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
47
KarunyaSchool of Management,Coimbatore
TABLE NO: 18 B
Table showing, what are the differences while using Classic products other than the
substitutes
Graph NO: 18. Fig: 18 B
Graph showing, what are the differences while using Classic products other than the
substitutes
INTERPRETATION
From the above table it is clear that about 75% are highly satisfied with the quality, about 2%
are satisfied with price, about 15% are satisfied with the product availability and about 8%
are satisfied with the brand name of the Classic.
75
15
8
2
.
Quality
Availability
Brand
Price
SL NO CRITERIA NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Quality 75 75
2 Price 2 2
3 Availability 15 15
4 Brand 8 8
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
48
KarunyaSchool of Management,Coimbatore
TABLE NO: 19
Table showing price of the product affordable
Graph NO: 19. Fig: 5.19
Graph showing price of the product affordable
INTERPRETATION
From the above table it is clear that about 40% are strongly agree with the price of the
product and agrees that it is affordable, about 44% are agree with the price, 5% are neutral
about the price and 5% are disagree with the price.
0 10 20 30 40 50
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
SL NO CRITERIA NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Strongly Agree 40 40
2 Agree 45 45
3 Neutral 10 10
4 Disagree 5 5
5 Strongly Disagree 0 0
6 Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
49
KarunyaSchool of Management,Coimbatore
TABLE NO: 20
Table showing respondent’s opinion about availability of products
GRAPH NO: 20. Fig: 5.20
Graph showing respondent’s opinion about availability of products
INTERPRETATION
From the above table it is clear that about 70% are highly satisfied with the availability of the
product, about 20% are satisfied with it, about 10% are dissatisfied with it.
0 20 40 60 80 100 120
Highly satisfied
Satisfied
Dissatisfied
Total
SL NO CRITERIA NO OF
RESPONDENTS
PERCENTAGE OF
RESPONDENTS
1 Highly satisfied 70 70
2 Satisfied 20 20
3 Dissatisfied 10 10
Total 100 100
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
50
KarunyaSchool of Management,Coimbatore
CHAPTER 6
SUMMARY OF FINDINGS, SUGGESTIONS
AND CONCLUSION
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
51
KarunyaSchool of Management,Coimbatore
FINDINGS
1. Majority 36% are from the age group 30-40
2. 76% are male and remaining 24% are female
3. The study states that people under the category of professional employees are the
majority buyers.
4. The study states that most of the respondents prefer Classic and aquafina for their daily
needs.
5. Infer that 60% are highly agreeing with the purity of classic drinking water
6. 88% satisfied with the quality of classic drinking water about 10% is not that much
aware about it. There is a 2% of dissatisfaction also exists
7. From customer side 45% considers quality of the product, while 35% aims the
availability of the product. Price and brand which is of same percentage of opinioned
by 10%
8. 88% agreeing with the size of bottle is available as per their requirements
9. 80% of peoples prefer soft drinks such as mineral water, flavored water etc..., other
than energy drinks such as red bull, monster energy etc.
10. 85% of the respondents are highly satisfied with the sealed packing of the drinking
water.
11. After analysis 66% are highly agreeing and 24% are agreeing with the product quality
satisfies with the worth value of money
12. Majority of the peoples come to know about the product by others reference.
13. 90% regularly buying the company product and about 10% also relies on other
company products also.
14. Majority 50% considers quality of the product for repeated purchase, while 38.8%
aims the availability of the product.
15. From the above table it is clear that 75% are strongly agreeing to recommend the
product to others
16. The study states that most of the respondents prefer their brand, because of the easy
availability of the product.
17. Majority of the respondents feel difference while using Classic products when
compared to other substitute products such as Aquafina, Kinley etc. and the reason for
the difference is the quality and availability of the Classic products.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
52
KarunyaSchool of Management,Coimbatore
18. 40% are highly satisfied and 45% are satisfied with the price of the product and the
rest are not satisfied with the price of the product.
19. Majority 70% are highly satisfied with the availability of the product.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
53
KarunyaSchool of Management,Coimbatore
SUGGESTIONS
1. Certain dissatisfaction with the company product and its availability. So certain steps
to be taken to overcome it.
2. More effective promotional measures of the company try to change the promotional
measures
3. Product should be availed worth value of the price and also can try on the buyback
policies to improve customer satisfaction
4. Majority does not know about the various standards kept for production try to give
more advertisement regarding this in order to make every one aware of the same
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
54
KarunyaSchool of Management,Coimbatore
CONCLUSION
The main objective of the study is to find out the customer satisfaction of Aiswarya
beverages and to study about various factors affecting customer satisfaction
The factors affecting customer satisfaction are, Price, Quality, in this study all these factors
are analysed and found that the customers are satisfied on all basis. The customers are aware
of the product very well. The customers are giving preference to the products of Aiswarya
beverages.
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
55
KarunyaSchool of Management,Coimbatore
BIBLIOGRAPHY
Books
 Kothari C R. (2004). Research Methodology Second Edition. New Age International
(P) Ltd., New Delhi
 S. A. Sherlekar (1995). Marketing management. Himalaya Publishing House
 Philip Kotler and Gary Armstrong (2010). Principles of marketing 13th edition.
Prentice Hall; 13 edition
WEBSITES
 http://google.com
 http://wikipedia.com
 http://answers.com
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
56
KarunyaSchool of Management,Coimbatore
ANNEXURE
1. Name
Age group
Below 20 ( ) 20 – 30 ( ) 30 – 40 ( ) Above 40 ( )
2. Gender
Male ( ) Female ( )
3. Occupation
Student ( ) Self Employed ( ) Professional ( ) Retired ( ) Home maker ( )
4. Marital Status
Single ( ) Married ( )
5. Which brand would you prefer to use on a daily basis?
Classic ( )
Aquafina ( )
Kinley ( )
Bisleri ( )
Others ( )
6. Do you think that classic drinking water is highly purified?
Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree ( )
7. Are you satisfied with the quality of this product?
Highly satisfied ( ) Satisfied ( ) Dissatisfied ( )
8. What are the factors do you consider when purchasing this type of product?
Quality ( ) Availability ( ) Price ( ) Brand ( )
9. Do you get different size of bottles to satisfy your various needs?
Yes ( ) No ( )
10. What type of drink you prefer mostly?
Energy drink ( ) Soft drink ( ) both ( )
11. Are you satisfied with the sealed packaging of classic products?
Highly satisfied ( ) Satisfied ( ) Dissatisfied ( )
12. Do you think that quality of product keep the worth value of money?
Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree ( )
CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo.
57
KarunyaSchool of Management,Coimbatore
13. How will you know about the product?
Through Ad ( ) through magazine ( ) Reference by other customers ( )
14. Are you a regular customer of this product?
Yes ( ) No ( )
15. If yes what are the reasons for repeat purchasing?
Quality ( ) Availability ( ) Price ( ) Brand ( )
16. Will you recommend the product of classic drinking water to others?
Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree
17. What is the reason behind choosing your brand?
Taste ( ) Advertisement ( ) Easily Available ( ) People Like ( )
18. A) Do you feel any difference between classic drinking water and other substitutes
available in the market such as kinley, aquafina etc?
Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree
B) If yes, what are the differences?
Quality ( ) Price ( ) Availability ( ) Brand ( )
19. Do you think that price of this product is affordable?
Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree ( )
20. Are you satisfied with the availability of product?
Highly satisfied ( ) Satisfied ( ) Dissatisfied ( )

More Related Content

What's hot

Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...Swamit Gupta
 
ICICI Bank Presentation
ICICI Bank PresentationICICI Bank Presentation
ICICI Bank Presentationgulab sharma
 
Changing trends of fmcg report (dharm project)
Changing trends of fmcg report (dharm project)Changing trends of fmcg report (dharm project)
Changing trends of fmcg report (dharm project)Dharmendra Kumar
 
Sandip barman - summer internship report 2015 at Reliance Retail Kolkata
Sandip barman - summer internship report 2015 at Reliance Retail KolkataSandip barman - summer internship report 2015 at Reliance Retail Kolkata
Sandip barman - summer internship report 2015 at Reliance Retail KolkataSandip Barman
 
Economics project on Indian Tea Industry
Economics project on Indian Tea IndustryEconomics project on Indian Tea Industry
Economics project on Indian Tea IndustryAbhishek Kulshrestha
 
A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL TOWARDS...
A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL  TOWARDS...A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL  TOWARDS...
A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL TOWARDS...yamuna balakrishnan
 
Vishal mega mart
Vishal mega martVishal mega mart
Vishal mega martRavi Verma
 
Sip presentation at pantaloons , bbsr
Sip presentation at pantaloons , bbsrSip presentation at pantaloons , bbsr
Sip presentation at pantaloons , bbsrSURAJ KUMAR MEHER
 
Analysis of FMCG industry in India
Analysis of FMCG industry in IndiaAnalysis of FMCG industry in India
Analysis of FMCG industry in IndiaRahil Shaikh
 
a-study-on-stress-management
a-study-on-stress-managementa-study-on-stress-management
a-study-on-stress-managementShibin Vincent
 
stress management - kims hospital mba project report
stress management - kims hospital mba project report stress management - kims hospital mba project report
stress management - kims hospital mba project report Srikanth V
 
Project report on retail marketing in india
Project report on retail marketing in indiaProject report on retail marketing in india
Project report on retail marketing in indiaGaurav Tyagi
 
Porter’S Five Force Model In Pharma Industries
Porter’S Five Force Model In Pharma IndustriesPorter’S Five Force Model In Pharma Industries
Porter’S Five Force Model In Pharma IndustriesPradeep555
 
RECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPT
RECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPTRECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPT
RECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPTniharikayadav26
 
Mba project on manappuram gold loan
Mba project on  manappuram gold loan Mba project on  manappuram gold loan
Mba project on manappuram gold loan Deepash Rajak
 
Impacts of COVID-19 on Indian Stock Market
Impacts of COVID-19 on Indian Stock MarketImpacts of COVID-19 on Indian Stock Market
Impacts of COVID-19 on Indian Stock MarketMuhammad Awais
 

What's hot (20)

Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...
 
Project
ProjectProject
Project
 
ICICI Bank Presentation
ICICI Bank PresentationICICI Bank Presentation
ICICI Bank Presentation
 
Drl analysis
Drl analysisDrl analysis
Drl analysis
 
Fmcg ppt
Fmcg pptFmcg ppt
Fmcg ppt
 
Changing trends of fmcg report (dharm project)
Changing trends of fmcg report (dharm project)Changing trends of fmcg report (dharm project)
Changing trends of fmcg report (dharm project)
 
Sandip barman - summer internship report 2015 at Reliance Retail Kolkata
Sandip barman - summer internship report 2015 at Reliance Retail KolkataSandip barman - summer internship report 2015 at Reliance Retail Kolkata
Sandip barman - summer internship report 2015 at Reliance Retail Kolkata
 
Economics project on Indian Tea Industry
Economics project on Indian Tea IndustryEconomics project on Indian Tea Industry
Economics project on Indian Tea Industry
 
A study on consumer satisfaction of customers towards whats app
A study on consumer satisfaction of customers towards whats appA study on consumer satisfaction of customers towards whats app
A study on consumer satisfaction of customers towards whats app
 
A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL TOWARDS...
A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL  TOWARDS...A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL  TOWARDS...
A STUDY ON CUSTOMER SATISFACTION OF NAGA PRODUCTS & MARKET POTENTIAL TOWARDS...
 
Vishal mega mart
Vishal mega martVishal mega mart
Vishal mega mart
 
Sip presentation at pantaloons , bbsr
Sip presentation at pantaloons , bbsrSip presentation at pantaloons , bbsr
Sip presentation at pantaloons , bbsr
 
Analysis of FMCG industry in India
Analysis of FMCG industry in IndiaAnalysis of FMCG industry in India
Analysis of FMCG industry in India
 
a-study-on-stress-management
a-study-on-stress-managementa-study-on-stress-management
a-study-on-stress-management
 
stress management - kims hospital mba project report
stress management - kims hospital mba project report stress management - kims hospital mba project report
stress management - kims hospital mba project report
 
Project report on retail marketing in india
Project report on retail marketing in indiaProject report on retail marketing in india
Project report on retail marketing in india
 
Porter’S Five Force Model In Pharma Industries
Porter’S Five Force Model In Pharma IndustriesPorter’S Five Force Model In Pharma Industries
Porter’S Five Force Model In Pharma Industries
 
RECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPT
RECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPTRECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPT
RECRUITMENT AND SELECTION PROCESS IN KOTAK MAHINDRA BANK-Field project PPT
 
Mba project on manappuram gold loan
Mba project on  manappuram gold loan Mba project on  manappuram gold loan
Mba project on manappuram gold loan
 
Impacts of COVID-19 on Indian Stock Market
Impacts of COVID-19 on Indian Stock MarketImpacts of COVID-19 on Indian Stock Market
Impacts of COVID-19 on Indian Stock Market
 

Similar to Customer Satisfaction towards the products and services of Aiswarya Beverages Co Thiruvalla, Pathanamthitta (CLASSIC)

Summer Internship Report For BISLERI URZZA
Summer Internship Report For BISLERI URZZASummer Internship Report For BISLERI URZZA
Summer Internship Report For BISLERI URZZASankalp Katiyar
 
A case study on competition in the bottled water industry in 2006
A case study on competition in the bottled water industry in 2006A case study on competition in the bottled water industry in 2006
A case study on competition in the bottled water industry in 2006Aashish Rathod
 
Bailley Water project_ NK
Bailley Water project_ NKBailley Water project_ NK
Bailley Water project_ NKYasobanta Sahoo
 
Impact of celebarty endoresement on brand loyalty in selected bevareges produ...
Impact of celebarty endoresement on brand loyalty in selected bevareges produ...Impact of celebarty endoresement on brand loyalty in selected bevareges produ...
Impact of celebarty endoresement on brand loyalty in selected bevareges produ...Bhavik Parmar
 
working capital
working capitalworking capital
working capitalPrince Jha
 
A COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORS
A COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORSA COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORS
A COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORSjohn1234calvin
 
Finalreport Sm
Finalreport SmFinalreport Sm
Finalreport Smsuruchi
 
consumer prefernce and satisfaction on water purifier
 consumer prefernce and satisfaction on water purifier consumer prefernce and satisfaction on water purifier
consumer prefernce and satisfaction on water purifiermanojrawat1994
 
Industrial Presentation
Industrial PresentationIndustrial Presentation
Industrial PresentationRitesh Abrol
 
Running Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docx
Running Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docxRunning Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docx
Running Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docxhealdkathaleen
 
Hul annual report_2011-12
Hul annual report_2011-12Hul annual report_2011-12
Hul annual report_2011-12boobalvj
 
yathin 4th sem project 50.docx
yathin 4th sem project 50.docxyathin 4th sem project 50.docx
yathin 4th sem project 50.docxYathinKumar8
 
Sahara q shop project
Sahara q shop projectSahara q shop project
Sahara q shop projectSonu Kumar
 
sahara q shop project Marketing & HR policy
sahara q shop project Marketing & HR  policy sahara q shop project Marketing & HR  policy
sahara q shop project Marketing & HR policy Sonu Kumar
 

Similar to Customer Satisfaction towards the products and services of Aiswarya Beverages Co Thiruvalla, Pathanamthitta (CLASSIC) (20)

NEW SIP
NEW SIPNEW SIP
NEW SIP
 
Summer Internship Report For BISLERI URZZA
Summer Internship Report For BISLERI URZZASummer Internship Report For BISLERI URZZA
Summer Internship Report For BISLERI URZZA
 
OgleS_M5_A1
OgleS_M5_A1OgleS_M5_A1
OgleS_M5_A1
 
A case study on competition in the bottled water industry in 2006
A case study on competition in the bottled water industry in 2006A case study on competition in the bottled water industry in 2006
A case study on competition in the bottled water industry in 2006
 
Bailley Water project_ NK
Bailley Water project_ NKBailley Water project_ NK
Bailley Water project_ NK
 
Atlantis Plus
Atlantis PlusAtlantis Plus
Atlantis Plus
 
Impact of celebarty endoresement on brand loyalty in selected bevareges produ...
Impact of celebarty endoresement on brand loyalty in selected bevareges produ...Impact of celebarty endoresement on brand loyalty in selected bevareges produ...
Impact of celebarty endoresement on brand loyalty in selected bevareges produ...
 
working capital
working capitalworking capital
working capital
 
A COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORS
A COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORSA COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORS
A COMPARATIVE BRAND ANALYSIS OF BISLERI AND ITS COMPETITORS
 
Barun
BarunBarun
Barun
 
Finalreport Sm
Finalreport SmFinalreport Sm
Finalreport Sm
 
consumer prefernce and satisfaction on water purifier
 consumer prefernce and satisfaction on water purifier consumer prefernce and satisfaction on water purifier
consumer prefernce and satisfaction on water purifier
 
Hydra Mineral water project
Hydra Mineral water projectHydra Mineral water project
Hydra Mineral water project
 
Industrial Presentation
Industrial PresentationIndustrial Presentation
Industrial Presentation
 
Running Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docx
Running Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docxRunning Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docx
Running Head COMPANY DESCRIPTION AND SWOT ANALYSISCOMPANY DESCR.docx
 
Hul annual report_2011-12
Hul annual report_2011-12Hul annual report_2011-12
Hul annual report_2011-12
 
yathin 4th sem project 50.docx
yathin 4th sem project 50.docxyathin 4th sem project 50.docx
yathin 4th sem project 50.docx
 
Bottled water
Bottled waterBottled water
Bottled water
 
Sahara q shop project
Sahara q shop projectSahara q shop project
Sahara q shop project
 
sahara q shop project Marketing & HR policy
sahara q shop project Marketing & HR  policy sahara q shop project Marketing & HR  policy
sahara q shop project Marketing & HR policy
 

More from RIBU ALEXANDER

Introduction to soft skills by TCS iON
Introduction to soft skills by TCS iONIntroduction to soft skills by TCS iON
Introduction to soft skills by TCS iONRIBU ALEXANDER
 
E marketing institute-social-media_marketing-certification
E marketing institute-social-media_marketing-certificationE marketing institute-social-media_marketing-certification
E marketing institute-social-media_marketing-certificationRIBU ALEXANDER
 
E marketing institute-affiliate-marketing-certification
E marketing institute-affiliate-marketing-certificationE marketing institute-affiliate-marketing-certification
E marketing institute-affiliate-marketing-certificationRIBU ALEXANDER
 
Email Marketing Certified
Email Marketing CertifiedEmail Marketing Certified
Email Marketing CertifiedRIBU ALEXANDER
 
The Fundamentals of Digital Marketing
The Fundamentals of Digital MarketingThe Fundamentals of Digital Marketing
The Fundamentals of Digital MarketingRIBU ALEXANDER
 
Milma Pathanamthitta dairy organization study
Milma Pathanamthitta dairy organization study Milma Pathanamthitta dairy organization study
Milma Pathanamthitta dairy organization study RIBU ALEXANDER
 

More from RIBU ALEXANDER (6)

Introduction to soft skills by TCS iON
Introduction to soft skills by TCS iONIntroduction to soft skills by TCS iON
Introduction to soft skills by TCS iON
 
E marketing institute-social-media_marketing-certification
E marketing institute-social-media_marketing-certificationE marketing institute-social-media_marketing-certification
E marketing institute-social-media_marketing-certification
 
E marketing institute-affiliate-marketing-certification
E marketing institute-affiliate-marketing-certificationE marketing institute-affiliate-marketing-certification
E marketing institute-affiliate-marketing-certification
 
Email Marketing Certified
Email Marketing CertifiedEmail Marketing Certified
Email Marketing Certified
 
The Fundamentals of Digital Marketing
The Fundamentals of Digital MarketingThe Fundamentals of Digital Marketing
The Fundamentals of Digital Marketing
 
Milma Pathanamthitta dairy organization study
Milma Pathanamthitta dairy organization study Milma Pathanamthitta dairy organization study
Milma Pathanamthitta dairy organization study
 

Recently uploaded

DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garsiderobwhite630290
 
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfDIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfmayanksharma0441
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project VideoSineadBidwell
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresLisa M. Masiello
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxarsathsahil
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa
 
Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...
Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...
Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...robertpresz7
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?Searchable Design
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptxMasterPhil1
 
GreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web RevolutionGreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web RevolutionWilliam Barnes
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptxcollette15
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setupssuser4571da
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceDamien ROBERT
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceSapana Sha
 
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...Benjamin Szturmaj
 

Recently uploaded (20)

DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
 
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfDIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project Video
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample Genres
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptx
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdf
 
Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...
Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...
Content Marketing For A Travel Website On The Examples Of: Booking.com; TripA...
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptx
 
GreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web RevolutionGreenSEO April 2024: Join the Green Web Revolution
GreenSEO April 2024: Join the Green Web Revolution
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setup
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts Service
 
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
 

Customer Satisfaction towards the products and services of Aiswarya Beverages Co Thiruvalla, Pathanamthitta (CLASSIC)

  • 2. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 9 KarunyaSchool of Management,Coimbatore 1. INTRODUCTION Customer satisfaction is a key and valued outcome of good marketing practice. According to Drucker (1954), the principle purpose of a business is to create satisfied customers. Increasing customer satisfaction has been found to lead to higher future profitability (Anderson, Fornell, and Lehmann 1994), lower costs related to defective goods and services (Anderson, Fornell, and Rust 1997), increased buyer willingness to pay price premiums, provide referrals, and use more of the product (Reichheld 1996; Anderson and Mittal 2000), and higher levels of customer retention and loyalty (Fornell 1992; Anderson and Sullivan 1993; Bolton 1998). Increasing loyalty, in turn, has been found to lead to increases in future revenue (Fornell 1992; Anderson, Fornell, and Lehmann 1994) and reductions in the cost of future transactions (Reichheld 1996; Srivastava, Shervani, and Fahey 1998). All of this empirical evidence suggests that customer satisfaction is valuable from both a customer goodwill perspective and an organization’s financial perspective. A firm’s future profitability depends on satisfying customers in the present – retained customers should be viewed as revenue producing assets for the firm (Anderson and Sullivan 1993; Reichheld 1996; Anderson and Mittal 2000). Empirical studies have found evidence that improved customer satisfaction need not entail higher costs, in fact, improved customer satisfaction may lower costs due to a reduction in defective goods, product re-work, etc. (Fornell 1992; Anderson, Fornell, and Rust 1997). However, the key to building long-term customer satisfaction and retention and reaping the benefits these efforts can offer is to focus on the development of high quality products and services. Customer satisfaction and retention that are bought through price promotions, rebates, switching barriers, and other such means are unlikely to have the same long-run impact on profitability as when such attitudes and behaviors are won through superior products and services (Anderson and Mittal 2000). Thus, squeezing additional reliability out of a manufacturing or service delivery process may not increase perceived quality and customer satisfaction as much as tailoring goods and services to meet customer needs (Fornell, Johnson, Anderson, Cha, and Everitt 1996).
  • 3. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 10 KarunyaSchool of Management,Coimbatore 1.1 OBJECTIVES  To check the altitude towards classic drinking water  To find out the factors affecting the purchasing of product  To determine the important element of repeat purchasing  To find out level of satisfaction towards classic products 1.2 SCOPE OF THE STUDY This study was done to understand the customer satisfaction. The sample size is 100 the source of the study is both primary and secondary data. The primary data are collected through structured questionnaire. To study the customer satisfaction of the company, Secondary data are collected from newspapers, journals and magazines. Analysis and interpretation are done by using percentage analysis. Based on the analysis and interpretation findings are made and suggestions are given.
  • 4. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 11 KarunyaSchool of Management,Coimbatore CHAPTER 2 INDUSTRY PROFILE AND COMPANY PROFILE
  • 5. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 12 KarunyaSchool of Management,Coimbatore 2. INDUSTRYPROFILE Water is the most important necessity for life. The drinking-water needs for individuals vary depending on the climate, physical activity and the body culture. But for average consumers it is estimated to be about two to four litres per day. The growing number of cases of water borne diseases, increasing water pollution, increasing urbanization, increasing scarcity of pure and safe water etc. has made the bottled water business just like other consumer items. Scarcity of potable and wholesome water at railway stations, tourist’s spots, and role of tourism corp. etc. has also added to the growth. Indians currently spending about $330m a year on bottled water, analysts estimate. The packaged water market constitutes 15 per cent of the overall packaged beverage industry, which has annual sales of at least $2.6bn, Deepak Jolly, a spokesperson for Coca-Cola India said. Almost all the major international and national brands water bottles are available in Indian market right from the malls to railway stations, bus stations, grocery stores and even at panwala's shop. Before few years bottle water was considered as the rich people's choice, but now it is penetrated even in rural areas. The growth and status of Indian Bottled Industry in comparison with Western or Asian market, India is far behind in terms of quantum, infrastructure, professionalism and standards implementation. The per capita consumption of mineral water in India is a mere 0.5-liter compared to 111 liter in Europe and 45-liter in USA. Also As per UN study conducted in 122 countries, in connection with water quality, India's number was dismal 120. In comparison to global standards India's bottle water segment is largely unregulated. Former President Dr. A.P.J. Abdul Kalam has urged youngsters on July 17, 2010 to be aware of water conservation techniques to avoid grave water crisis in future. "It is so sad that today, people are forced to buy water in plastic bottles. I am told that bottled water industry is worth nearly 10000 crore rupees and even big companies like the Coke and Pepsi are involved in this bottling of water and making money. So, it is imperative that we ought to save water," he added. Do not be surprise if today's bottles water industry becomes next Oil industry by 2025.
  • 6. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 13 KarunyaSchool of Management,Coimbatore 2.1 Bottled WaterIndustry in India Water Shortage and Health Awareness Driving Bottled Water Consumption in India. The Indian market is estimated at about Rs 1,000 Crore and is growing at whopping rate of 40 per cent. By 2020, it will reach Rs 4,000 – Rs 5,000 Crore with 33 per cent market for natural mineral water. According to a national-level study, there are more than 200 bottled water brands in India and among them nearly 80 per cent are local brands. Leave alone the metros, where a bottled-water manufacturer can be found even in a one-room shop, in every medium and small city and even some prosperous rural areas there are bottled water manufacturers. While India ranks in the top 10 largest bottled water consumers in the world, its per capita per annum consumption of bottled water is estimated to be five litres which is comparatively lower than the global average of 24 litres. Today it is one of India's fastest growing industrial sectors. Between 2009 and 2014, the Indian bottled water market grew at a compound annual growth rate (CAGR) of 36 per cent - the highest in the world. The total annual bottled water consumption in India had tripled to 8 billion liters in 2014 from 3 billion liters in 2010. Global consumption of bottled water was nearing 600 billion liters in 2016.
  • 7. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 14 KarunyaSchool of Management,Coimbatore 2.2 COMPANY PROFILE Aiswarya Beverages Limited is a private limited company incorporated in 2000 with its plant at Thiruvalla in Pathanamthitta District of Kerala. The company was promoted by Aby Mathew, an NRI from UAE. The company’s registered office is located at Kerala. The company bottles and sells natural mineral water under the brand name Classic, sources its water directly from an underground aquifer located about 130 metres below the earth's surface. The company started its commercial production in April 2000. The company now proposes to expand its retail distribution network by appointing consignee and distributors agents in various parts of the country. The company’s existing clientele includes 5 Star Hotels, Airlines, Embassies etc, and tie-ups with ‘A’ category retail outlets, modern retail (malls), multiplexes, hyper marts, fine-dine restaurants are also in the offing. The brand Classic, enjoys an aspirational equity amongst consumers and has the potential of truly becoming an international and iconic brand, it is this potential that the new management proposes to unlock through brand building and enhanced distribution. 2.3 ABOUT THE PRODUCT Product ranges of the company include: The company’s principal activity is to manufacture packaged natural mineral water with in- house facilities to manufacture PET bottles and caps. It markets its products under the brand name Classic natural mineral water is available in four pack sizes namely 25 ltr, 2 ltr, 1.5 ltr, 1 ltr. And the company have soft drinks also. Awards/Achievements  The company and the product enjoy the certification of various authorities like HACCP, BIS and ISI in India.
  • 8. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 15 KarunyaSchool of Management,Coimbatore 2.4 PRODUCT PROFILE Still Water Sparkling Water The Classic Sparkling Water Range
  • 9. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 16 KarunyaSchool of Management,Coimbatore Flavoured Waters The Classic Flavoured Waters 2 Litre Range Soft Drinks & Cordials The Classic Soft Drinks & Cordials Range
  • 10. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 17 KarunyaSchool of Management,Coimbatore Kids Packs The Classic Kids Range
  • 11. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 18 KarunyaSchool of Management,Coimbatore 2.5 ORGANISATIONSTRUCTURE Fig.2.1 PRODUC TION MANAGE R QUALITY CONTROLLER W O R K E R S SUPERV ISOR PRODUC TION IN CHARGEACCOUNTS OFFICER CUM CASHIER FINANCE MANAGER GENE RAL MAN AGER (ADMI NISTR ATIO N) Ma na gin g Dir ect or Human Resource Officer Human Resource Manager MARKETING OR SALES MANAGER Sales man ExecutivesSupervisor
  • 13. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 20 KarunyaSchool of Management,Coimbatore 3. REVIEW OF LITERATURE Satisfaction is consumer’s fulfilment response. It is a judgment that a product or a service feature or the product or service itself provides pleasurable level of consumption related fulfilment. Customer’s satisfaction influenced by specific product are service features and by perceptions of quality. It is also influenced by specific service attributions, and their perceptions Measuring satisfaction and building a satisfaction survey requires at least a basic knowledge of the satisfaction measurement literature, combined with your own customer satisfaction experiences. This brief tutorial provides such an introduction to the theoretical and methodological underpinnings of satisfaction research. Customer satisfaction is the most common of all marketing surveys and is part of the "big three" research studies in marketing that include market segmentation and concept testing. Customer Satisfaction is the pillar of the marketing concept. Satisfaction is consumer’s fulfilment response. It is a judgment that a product or a service feature or the product or service itself provides pleasurable level of consumption related fulfilment. Customer’s satisfaction influenced by specific product are service features and by perceptions of quality. It is also influenced by specific service attributions, and their perceptions The telling factor in the company’s long run fortunes will be the amount of customer satisfaction that it managers to generate. But it doesn’t mean the company’s sole aim is to maximize Customer Satisfaction. If that where the case, it should simply put out the best product and service in the world and price is below cost. There by it would be creating substantial customer satisfaction. But in the long run it would be also be out of business. Customer Satisfaction like happiness bet achieved by rendering substantial forma of assistance to others rather than by direct pursuit. Companies that move towards adopting the market concept benefit themselves and the society. It leads the society’s recourse to move in the direction of social needs, there by bringing the interests of business firms and the interest of society in to harmonious
  • 14. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 21 KarunyaSchool of Management,Coimbatore relationship. Thus the third pillory of the marketing concept aims to achieve good profits by giving the customer genuine values in the satisfaction. Customer satisfaction, a business term, is a measure of how products and services supplied by a company meet or surpass customer expectation. It is seen as a key performance indicator within business and is part of the four perspectives of a Balanced Scorecard. In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key differentiator and increasingly has become a key element of business strategy. Increasing competition (whether for-profit or non-profit) is forcing businesses to pay much more attention to satisfying customers. (It may help the reader to notice the role of customer satisfaction in the overall context of product or service development and management. 3.1 Measuring customersatisfaction Organizations are increasingly interested in retaining existing customers while targeting non- customers; measuring customer satisfaction provides an indication of how successful the organization is at providing products and/or services to the marketplace. Customer satisfaction is an ambiguous and abstract concept and the actual manifestation of the state of satisfaction will vary from person to person and product/service to product/service. The state of satisfaction depends on a number of both psychological and physical variables which correlate with satisfaction behaviours such as return and recommend rate. The level of satisfaction can also vary depending on other options the customer may have and other products against which the customer can compare the organization's products. Because satisfaction is basically a psychological state, care should be taken in the effort of quantitative measurement, although a large quantity of research in this area has recently been developed. Work done by Berry, Brooder between 1990 and 1998defined ten 'Quality Values' which influence satisfaction behavior, further expanded by Berry in 2002 and known as the ten domains of satisfaction. These ten domains of satisfaction include: Quality, Value, Timeliness, Efficiency, Ease of Access, Environment, Inter-departmental Teamwork, Front line Service Behaviors, Commitment to the Customer and Innovation. These factors are emphasized for continuous improvement and organizational change measurement and are most often utilized to develop the architecture for satisfaction measurement as an integrated
  • 15. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 22 KarunyaSchool of Management,Coimbatore model. Work done by Parasuraman, Zeithaml and Berry between 1985 and 1988 provides the basis for the measurement of customer satisfaction with a service by using the gap between the customer's expectation of performance and their perceived experience of performance. This provides the measurer with a satisfaction "gap" which is objective and quantitative in nature. Work done by Cronin and Taylor propose the "confirmation/disconfirmation" theory of combining the "gap" described by Parasuraman, Zeithaml and Berry as two different measures (perception and expectation of performance) into a single measurement of performance according to expectation. According to Garbrand, customer satisfaction equals perception of performance divided by expectation of performance. The usual measures of customer satisfaction involve a survey with a set of statements using a Likert Technique or scale. The customer is asked to evaluate each statement and in term of their perception and expectation of the performance of the organization being measured. 3.2 SatisfactionMeasurement:Overall MeasuresofSatisfaction Satisfaction measures involve three psychological elements for evaluation of the product or service experience: cognitive (thinking/evaluation), affective (emotional-feeling/like-dislike) and behavioural (current/future actions). Customer satisfaction usually leads to customer loyalty and product repurchase. But measuring satisfaction is not the same as measuring loyalty. Satisfaction measurement questions typically include items like: An overall satisfaction measure (emotional): Satisfaction is a result of a product related experience and this question reflects the overall opinion of a consumer's experience with the product's performance. Note that it is meaningful to measure attitudes towards a product that a consumer has never used, but not satisfaction for a product or brand that has never been used.
  • 16. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 23 KarunyaSchool of Management,Coimbatore 1. A loyalty measure 2. A series of attribute satisfaction measures Satisfaction and attitude are closely related concepts. The psychological concepts of attitude and satisfaction may both be defined as the evaluation of an object and the individual's relationship to it. The distinction is that satisfaction is a "post experience" evaluation of the satisfaction produced by the product's quality or value. 3. Intentions to repurchase Satisfaction can influence post-purchase/post-experience actions other than usage (such as word of mouth communications and repeat purchase behaviour). Additional post-experience actions might include product or information search activity, changes in shopping behaviour and trial of associated products. 3.3 Types of CustomerExpectations that Influence Satisfaction Customer performance expectations for attributes, features and benefits of products and services may be identified as both explicit and implicit expectation questions. Explicit expectations are mental targets for product performance, such as well identified performance standards. For example, if expectations for a colour printer were for 11 pages per minute and high quality colour printing, but the product actually delivered 3 pages per minute and good quality colour printing, then the cognitive evaluation comparing product performance and expectations would be 11 PPM — 3 PPM + High — Good, with each item weighted by their associated importance. Implicit expectations represent the norms of performance that reflect accepted standards established by business in general, other companies, industries, and even cultures. Static performance expectations address how performance and quality for a specific application are defined. Each system's performance measures are unique, though general expectations relate to quality of outcome and may include those researched by Berry, or others such as: accessibility, customization, dependability, timeliness, and accuracy, tangible cues which augment the application, options, cutting edge technology, flexibility, and user
  • 17. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 24 KarunyaSchool of Management,Coimbatore friendly interfaces. Static performance expectations are the visible part of the iceberg; they are the performance we see and — often erroneously — assume are all that exist. Dynamic performance expectations are about how the product or service evolves over time and includes the changes in support and product or service enhancement needed to meet future business or use environments. Dynamic performance expectations may help to "static" performance expectations as new uses, integrations, or system requirements develop. Technological expectations focus on the evolving state of the product category. For example, mobile phones are continually evolving. Mobile service providers, in an effort to deal with the desire to switch to new technology phones, market rate plans with high cancellation penalties. The availability of low profile phones with email, camera, MP3, email, and blue tooth technology changes technology expectations as well as the static and dynamic performance expectations of the product. These highly involving products enhance perceptions of status, ego, self-image, and can even invoke fear when the product is not available. Interpersonal expectations involve the relationship between the customer and the product or service provider. Person to person relationships are increasingly important, especially where products require support for proper use and functioning. Expectations for interpersonal support include technical knowledge and ability to solve the problem, ability to communicate, time to problem resolution, courtesy, patience, enthusiasm, helpfulness, understood my situation and problem, communication skills, and customer perceptions regarding professionalism of conduct, often including image, appearance. For each of these types of expectations that when fulfilled result in customer satisfaction (or when not delivered, result in dissatisfaction and complaining behaviour), the perceived quality and value are critical and directly influence intention to repurchase and loyalty.
  • 19. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 26 KarunyaSchool of Management,Coimbatore 4. RESEARCHMETHODOLOGY Research methodology is the systematic way to solve the research problem. It gives an idea about various steps adopted by the researcher in a systematic manner with an objective to determine various manners. 4.1 ResearchDesign A research design is considered as the framework or plan for a study that guides as well as helps the data collection and analysis of data. The research design may be exploratory, descriptive and experimental for the present study. The descriptive research design is adopted for this project. ResearchApproach The research worker contacted the respondents personally with well-prepared sequentially arranged questions. The questionnaire is prepared on the basis of objectives of the study. Direct contract is used for survey, i.e., contacting customers directly in order to collect data. Population The customers of Aiswarya Beverages. Sample size From the population 100 customers are selected for survey.
  • 20. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 27 KarunyaSchool of Management,Coimbatore 4.2 Sampling Design The researcher has used probability sampling in which simple random sampling is used. Collectionof Data Most of the data collected by the researcher is primary data through personal interview, where the researcher and the respondent operate face – to – face. ResearchInstrument The researcher has used a structured questionnaire as a research instrument tool which consists of open ended questions, multiple choice and dichotomous questions in order to get data. Thus, Questionnaire is the data collection instrument used in the study. All the questions in the questionnaire are organized in such a way that elicit all the relevant information that is needed for the study StatisticalTools The statistical tools used for analysing the data collected are percentage method, bar diagrams and pie diagrams.
  • 21. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 28 KarunyaSchool of Management,Coimbatore CHAPTER 5 DATA ANALYSIS AND INTERPRETATION
  • 22. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 29 KarunyaSchool of Management,Coimbatore TABLE NO: 1 Table showing classification on the basis of age Graph NO: 1. Fig.5.1 Graph showing classification on the basis of age INTERPRETATION From the above table it is clear that majority 36% are from the age group 30-40, about 25% are below 20, about 26% are from 20-30group and the remaining 13% are above 40. 25 26 36 13 25 26 36 13 0 5 10 15 20 25 30 35 40 Below 20 20-30 30-40 Above 40 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Below 20 25 25 2 20-30 26 26 3 30-40 36 36 4 Above 40 13 13 Total 100 100
  • 23. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 30 KarunyaSchool of Management,Coimbatore TABLE NO: 2 Table showing classification of respondents of the basis of gender Graph NO: 2 Fig. 5.2 Graph showing classification of respondents of the basis of gender INTERPRETATION From the above table it is clear that 76% are male and remaining 24% are female 76 24 76 24 0 10 20 30 40 50 60 70 80 Male Female SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Male 76 76 2 Female 24 24 Total 100 100
  • 24. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 31 KarunyaSchool of Management,Coimbatore TABLE NO: 3 Table showing respondent’s Occupation Graph NO: 3 Fig. 5.3 Graph showing respondent’s awareness of classic drinking water INTERPRETATION From the above table it is clear that 45% are professional, 30% are self-employed, 12% are students, 10% are retired peoples and about 3 % are home makers. 12 45 30 3 10 Occupation Student Professional Self employed Home maker Retired SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Student 12 45 2 Self employed 30 30 3 Professional 45 12 4 Retired 10 10 5 Home maker 3 3 6 Total 100 100
  • 25. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 32 KarunyaSchool of Management,Coimbatore TABLE NO: 4 Table showing the marital status of the respondents Graph NO: 4 Fig. 5.4 Graph showing the marital status of the users INTERPRETATION From the above table it is clear that 56 % users are single and 44 % users are married. 56 44 Marital Status Single Married SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Single 56 56 2 Married 44 44 Total 100 100
  • 26. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 33 KarunyaSchool of Management,Coimbatore TABLE NO: 5 Table showing Respondent’s brand preference Graph NO: 5. Fig.5.5 Graph showing respondent’s opinion about preferring a specific brand INTERPRETATION From the above table it is inferred that 88% of the respondents will prefer a specific brand, about 10 will prefer sometimes and the remaining not. 35 29 20 10 6 0 5 10 15 20 25 30 35 40 Classic Aquafina Kinley Bisleri Others SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Classic 35 35 2 Aquafina 29 29 3 Kinley 20 20 4 Bisleri 10 10 5 Others 6 6 6 Total 100 100
  • 27. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 34 KarunyaSchool of Management,Coimbatore TABLE NO: 6 Table showing respondent’s opinion about purity of classic drinking water Graph NO: 6. Fig.5.6 Graph showing respondent’s opinion about purity of classic drinking water INTERPRETATION From the above table it is clear that 60 % are strongly agree, 30 % are agree, 10% are neutral and no one is disagreeing with the purity of the water. 0 10 20 30 40 50 60 Column1 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Strongly Agree 60 60 2 Agree 30 30 3 Neutral 10 10 4 Disagree 0 0 5 Strongly Disagree 0 0 6 Total 100 100
  • 28. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 35 KarunyaSchool of Management,Coimbatore TABLE NO: 7 Table showing respondent’s satisfaction about the product quality Graph NO: 7. Fig.5.7 Graph showing respondent’s satisfaction about the product quality INTERPRETATION From the above table it is clear that 88% satisfied with the quality of classic drinking water and about 10% are not that much aware about it. There is a 2% of dissatisfaction also exist 0 10 20 30 40 50 60 70 80 90 100 Highly satisfied Satisfied Dissatisfied Total 88 10 2 100 88 10 2 100 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Highly satisfied 88 88 2 Satisfied 10 10 3 Dissatisfied 2 2 Total 100 100
  • 29. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 36 KarunyaSchool of Management,Coimbatore TABLE NO: 8 Table showing opinion about factors considered while purchase Graph NO: 8. Fig.5.8 Graph showing opinion about factors considered while purchase INTERPRETATION From the above table it is clear that 45% considers quality of the product, while 35% aims the availability of the product. Price and brand which is of same percentage of opinioned by 10% of the total respondents 0 10 20 30 40 50 60 70 80 90 100 Quality Availability Price Brand Total 45 35 10 10 100 45 35 10 10 100 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Quality 45 45 2 Availability 35 35 3 Price 10 10 4 Brand 10 10 Total 100 100
  • 30. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 37 KarunyaSchool of Management,Coimbatore TABLE NO: 9 Table showing respondent’s opinion about size of bottles available Graph NO: 9. Fig: 5.9 Graph showing respondent’s opinion about size of bottles available INTERPRETATION From the above table it is clear that 88% agreeing with the size of bottle is available as per their requirements and about 12% are not that much aware about it or not available accordingly in the case of size of bottle. 88 12 100 88 12 100 0 20 40 60 80 100 120 Yes No Total SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Yes 88 88 2 No 12 12 Total 100 100
  • 31. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 38 KarunyaSchool of Management,Coimbatore TABLE NO: 10 Table showing what type of drink prefer mostly Graph NO: 10. Fig: 5.10 Graph showing availability of product INTERPRETATION From the above table it is clear that 80% are using soft drinks and 12% are using energy drinks and only 8% are using both the soft drinks and energy drinks. 80 12 8 . Soft drinks Energy drinks Both SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Energy Drinks 12 12 2 Soft Drinks 80 80 3 Both 8 8 Total 100 100
  • 32. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 39 KarunyaSchool of Management,Coimbatore TABLE NO: 11 Table showing satisfaction with the sealed packing Graph NO: 11. Fig: 5.11 Graph showing satisfaction with the sealed packing INTERPRETATION From the above table it is inferred that 85% of the respondents are highly satisfied with the sealed packing of the drinking water. 10% is rates it as satisfied. Still 5% is there with the dissatisfaction rating also. 0 10 20 30 40 50 60 70 80 90 100 Highly satisfied Satisfied Dissatisfied Total 85 10 5 100 85 10 5 100 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Highly satisfied 85 85 2 Satisfied 10 10 3 Dissatisfied 5 5 4 Total 100 100
  • 33. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 40 KarunyaSchool of Management,Coimbatore TABLE NO: 12 Table showing quality of product worth value of money Graph NO: 12. Fig: 5.12 Graph showing quality of product worth value of money INTERPRETATION From the above table it is clear that 60% are strongly agreed, 24% are agreed, 8% are neutral, 2% are disagreed and no one is strongly disagreed with the price. 0 10 20 30 40 50 60 70 Strongly Agree Agree Neutral Disagree Strongly Disagree SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Strongly Agree 66 66 2 Agree 24 24 3 Neutral 8 8 4 Disagree 2 2 5 Strongly disagree 0 0 6 Total 100 100
  • 34. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 41 KarunyaSchool of Management,Coimbatore TABLE NO: 13 Table showing how they came to know about product Graph NO: 13. Fig: 5.13 Graph showing they came to know about product INTERPRETATION From the above table it is inferred that 30% came to know about the product from advertisement given by the company, about 10% from magazines, about 60% from other people references comes to know about the product. 0 10 20 30 40 50 60 Advertisement Magazine Reference by others 1 2 3 30 10 60 30 10 60 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Advertisement 30 30 2 Magazine 10 10 3 Reference by others 60 60
  • 35. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 42 KarunyaSchool of Management,Coimbatore TABLE NO: 14 Table showing respondent’s opinion about buying products regularly Graph NO: 14. Fig: 5.14 Graph showing classification of respondents on the basis of buying products regularly INTERPRETATION From the above table it is clear that 90% regularly buying the company product and about 10% also relies on other company products also. 90 10 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Yes 90 90 2 No 10 10 Total 100 100
  • 36. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 43 KarunyaSchool of Management,Coimbatore TABLE NO: 15 Table showing reason for repeated purchasing Graph NO: 15. Fig: 5.15 Graph showing opinion about factors considered while purchase INTERPRETATION From the above table it is clear that 50% considers quality of the product for repeated purchase, while 38.8% aims the availability of the product. Price and brand which is of same percentage of opinioned by 5.5% of the total respondents 0 10 20 30 40 50 60 70 80 90 100 Quality Availability Price Brand Total 45 35 5 5 90 50 38.8 5.5 5.5 100 SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Quality 45 50 2 Availability 35 38.8 3 Price 5 5.5 4 Brand 5 5.5 Total 90 100
  • 37. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 44 KarunyaSchool of Management,Coimbatore TABLE NO: 16 Table showing respondents opinion about suggesting products to others Graph NO: 16. Fig: 5.16 Graph showing respondent’s opinion about suggesting products to others INTERPRETATION From the above table it is clear that 75% will strongly suggest the product to others and remaining 15%, 5% are agreeing and neutral and only 5% are disagree to suggest the product to others. 0 10 20 30 40 50 60 70 80 Strongly agree Agree Neutal Disagree Strongly disagree SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Strongly Agree 75 75 2 Agree 15 15 3 Neutral 5 5 4 Disagree 5 5 5 Strongly Disagree 0 0 6 Total 100 100
  • 38. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 45 KarunyaSchool of Management,Coimbatore TABLE NO: 17 Table showing the reason behind choosing their brand Graph NO: 17. Fig: 5.17 Graph showing the reason behind choosing their brand INTERPRETATION From the above table it is clear that 40% have choose the brand because of the availability of the product, 30% are choose the brand because of the advertisement, 20% are choose the brand because of the taste and about 10% are choose because of the people’s like. 0 5 10 15 20 25 30 35 40 45 Taste Advertisment Easily Available People's Like SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Taste 20 20 2 Advertisement 30 30 3 Easily Available 40 40 4 People’s like 10 10 5 Total 100 100
  • 39. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 46 KarunyaSchool of Management,Coimbatore TABLE NO: 18 A Table showing the respondents have feel difference in using classic drinking water and other substitutes Graph NO: 18 A. Fig: 5.18 A Graph showing the respondents have feel difference in using classic drinking water and other substitutes INTERPRETATION From the above table it is clear that about 75% are showing difference when using classic products, and about 5% are showing neutral in using classic products. And only 5% is showing Disagree. 75 15 5 5 0 Strongly Agree Agree Neutral Disagree Strongly disagree SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Strongly Agree 75 75 2 Agree 15 15 3 Neutral 5 5 4 Disagree 5 5 5 Strongly Disagree 0 0 6 Total 100 100
  • 40. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 47 KarunyaSchool of Management,Coimbatore TABLE NO: 18 B Table showing, what are the differences while using Classic products other than the substitutes Graph NO: 18. Fig: 18 B Graph showing, what are the differences while using Classic products other than the substitutes INTERPRETATION From the above table it is clear that about 75% are highly satisfied with the quality, about 2% are satisfied with price, about 15% are satisfied with the product availability and about 8% are satisfied with the brand name of the Classic. 75 15 8 2 . Quality Availability Brand Price SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Quality 75 75 2 Price 2 2 3 Availability 15 15 4 Brand 8 8 Total 100 100
  • 41. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 48 KarunyaSchool of Management,Coimbatore TABLE NO: 19 Table showing price of the product affordable Graph NO: 19. Fig: 5.19 Graph showing price of the product affordable INTERPRETATION From the above table it is clear that about 40% are strongly agree with the price of the product and agrees that it is affordable, about 44% are agree with the price, 5% are neutral about the price and 5% are disagree with the price. 0 10 20 30 40 50 Strongly agree Agree Neutral Disagree Strongly disagree SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Strongly Agree 40 40 2 Agree 45 45 3 Neutral 10 10 4 Disagree 5 5 5 Strongly Disagree 0 0 6 Total 100 100
  • 42. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 49 KarunyaSchool of Management,Coimbatore TABLE NO: 20 Table showing respondent’s opinion about availability of products GRAPH NO: 20. Fig: 5.20 Graph showing respondent’s opinion about availability of products INTERPRETATION From the above table it is clear that about 70% are highly satisfied with the availability of the product, about 20% are satisfied with it, about 10% are dissatisfied with it. 0 20 40 60 80 100 120 Highly satisfied Satisfied Dissatisfied Total SL NO CRITERIA NO OF RESPONDENTS PERCENTAGE OF RESPONDENTS 1 Highly satisfied 70 70 2 Satisfied 20 20 3 Dissatisfied 10 10 Total 100 100
  • 43. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 50 KarunyaSchool of Management,Coimbatore CHAPTER 6 SUMMARY OF FINDINGS, SUGGESTIONS AND CONCLUSION
  • 44. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 51 KarunyaSchool of Management,Coimbatore FINDINGS 1. Majority 36% are from the age group 30-40 2. 76% are male and remaining 24% are female 3. The study states that people under the category of professional employees are the majority buyers. 4. The study states that most of the respondents prefer Classic and aquafina for their daily needs. 5. Infer that 60% are highly agreeing with the purity of classic drinking water 6. 88% satisfied with the quality of classic drinking water about 10% is not that much aware about it. There is a 2% of dissatisfaction also exists 7. From customer side 45% considers quality of the product, while 35% aims the availability of the product. Price and brand which is of same percentage of opinioned by 10% 8. 88% agreeing with the size of bottle is available as per their requirements 9. 80% of peoples prefer soft drinks such as mineral water, flavored water etc..., other than energy drinks such as red bull, monster energy etc. 10. 85% of the respondents are highly satisfied with the sealed packing of the drinking water. 11. After analysis 66% are highly agreeing and 24% are agreeing with the product quality satisfies with the worth value of money 12. Majority of the peoples come to know about the product by others reference. 13. 90% regularly buying the company product and about 10% also relies on other company products also. 14. Majority 50% considers quality of the product for repeated purchase, while 38.8% aims the availability of the product. 15. From the above table it is clear that 75% are strongly agreeing to recommend the product to others 16. The study states that most of the respondents prefer their brand, because of the easy availability of the product. 17. Majority of the respondents feel difference while using Classic products when compared to other substitute products such as Aquafina, Kinley etc. and the reason for the difference is the quality and availability of the Classic products.
  • 45. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 52 KarunyaSchool of Management,Coimbatore 18. 40% are highly satisfied and 45% are satisfied with the price of the product and the rest are not satisfied with the price of the product. 19. Majority 70% are highly satisfied with the availability of the product.
  • 46. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 53 KarunyaSchool of Management,Coimbatore SUGGESTIONS 1. Certain dissatisfaction with the company product and its availability. So certain steps to be taken to overcome it. 2. More effective promotional measures of the company try to change the promotional measures 3. Product should be availed worth value of the price and also can try on the buyback policies to improve customer satisfaction 4. Majority does not know about the various standards kept for production try to give more advertisement regarding this in order to make every one aware of the same
  • 47. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 54 KarunyaSchool of Management,Coimbatore CONCLUSION The main objective of the study is to find out the customer satisfaction of Aiswarya beverages and to study about various factors affecting customer satisfaction The factors affecting customer satisfaction are, Price, Quality, in this study all these factors are analysed and found that the customers are satisfied on all basis. The customers are aware of the product very well. The customers are giving preference to the products of Aiswarya beverages.
  • 48. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 55 KarunyaSchool of Management,Coimbatore BIBLIOGRAPHY Books  Kothari C R. (2004). Research Methodology Second Edition. New Age International (P) Ltd., New Delhi  S. A. Sherlekar (1995). Marketing management. Himalaya Publishing House  Philip Kotler and Gary Armstrong (2010). Principles of marketing 13th edition. Prentice Hall; 13 edition WEBSITES  http://google.com  http://wikipedia.com  http://answers.com
  • 49. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 56 KarunyaSchool of Management,Coimbatore ANNEXURE 1. Name Age group Below 20 ( ) 20 – 30 ( ) 30 – 40 ( ) Above 40 ( ) 2. Gender Male ( ) Female ( ) 3. Occupation Student ( ) Self Employed ( ) Professional ( ) Retired ( ) Home maker ( ) 4. Marital Status Single ( ) Married ( ) 5. Which brand would you prefer to use on a daily basis? Classic ( ) Aquafina ( ) Kinley ( ) Bisleri ( ) Others ( ) 6. Do you think that classic drinking water is highly purified? Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree ( ) 7. Are you satisfied with the quality of this product? Highly satisfied ( ) Satisfied ( ) Dissatisfied ( ) 8. What are the factors do you consider when purchasing this type of product? Quality ( ) Availability ( ) Price ( ) Brand ( ) 9. Do you get different size of bottles to satisfy your various needs? Yes ( ) No ( ) 10. What type of drink you prefer mostly? Energy drink ( ) Soft drink ( ) both ( ) 11. Are you satisfied with the sealed packaging of classic products? Highly satisfied ( ) Satisfied ( ) Dissatisfied ( ) 12. Do you think that quality of product keep the worth value of money? Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree ( )
  • 50. CustomerSatisfactiontowardsthe productsandservicesof AiswaryaBeveragesCo. 57 KarunyaSchool of Management,Coimbatore 13. How will you know about the product? Through Ad ( ) through magazine ( ) Reference by other customers ( ) 14. Are you a regular customer of this product? Yes ( ) No ( ) 15. If yes what are the reasons for repeat purchasing? Quality ( ) Availability ( ) Price ( ) Brand ( ) 16. Will you recommend the product of classic drinking water to others? Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree 17. What is the reason behind choosing your brand? Taste ( ) Advertisement ( ) Easily Available ( ) People Like ( ) 18. A) Do you feel any difference between classic drinking water and other substitutes available in the market such as kinley, aquafina etc? Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree B) If yes, what are the differences? Quality ( ) Price ( ) Availability ( ) Brand ( ) 19. Do you think that price of this product is affordable? Strongly Agree ( ) Agree ( ) Neutral ( ) Disagree ( ) Strongly Disagree ( ) 20. Are you satisfied with the availability of product? Highly satisfied ( ) Satisfied ( ) Dissatisfied ( )