Customer Satisfaction on Pepsi

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    INTRODUCTIONABOUT SOFT DRINK INDUSTRY

    India with a population of more than 1.1 billion is potentially one of the largest consumer

    markets in the world after china. The consumer market is popularly known as the FMCG

    market or the fast moving consumer goods market. Soft drinks come under this category. Soft

    drink is basically purchased in India basically for two reasons namely to quench thirst and for

    refreshment. The Indian economy currently is passing through a bullish phase with increasing

    per capita income. Subsequently the lifestyle of the Indian consumer is also changing with

    increased spending on entertainment, refreshment etc. that is why soft drink companies are

    looking forward to India with great enthusiasm in the future to increase their revenue.

    The soft drink industry in India dates back to the 1940 when Parle introduced the first branded

    soft drink called gold spot. Cola giant coca-cola was the first foreign soft drink company to

    setup its shop in India in 1965. Coca-cola made a very good beginning and dominated the

    market right from the word go. It faced no competition at that time. The marketing people did

    not even need to publicize coca-cola. This extraordinary success of coca-cola can be attributed

    to the following factors,

    1. Absence of contemporary competitive brand

    2. The giant image of coca-cola in the western countries preceded their entry

    Into the Indian market, and

    3. Indians at that time were very fond of foreign goods.

    Parle Exports Pvt. Ltd later introduced a lemon flavored soft drink called Limca in 1970.

    Before this they had introduced a cola flavored drink called pepping which they had to

    withdrew in the face of stiff competition from coca-cola. But the overtly conservative Indian

    government of that time with special interest in safe guarding the interest of the Indian

    companies started insisting that coca-cola should agree on the following points in order to

    continue in India. Coca-cola decided to windup its operations in 1977 rather than bowing to the

    Indian government. The main demands of the Indian government were,

    1. Dilution of equity, as the government felt that lots of foreign currency was Being wasted.

    2. Manufacturing of the secret concentrate in India

    3. Disclosure of the chemical composition of the concentrate.

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    The exit of coca-cola left a large vacuum in the soft drink market. But this also accelerated the

    growth of several Indian soft drinks. Many new soft drinks like frooti, jump-in etc were

    launched in the form of tetra pack. However the bottling plants and the distribution networks of

    these companies were not up to the mark and left much to be desired. It took these companies

    almost one year to come up with new flavors like Campa cola, Rush etc. to survive in the

    industry.

    However Parle, the pioneer in the soft drinks market blazed its way to national prominence with

    their product Thumps Up bearing the slogan happy days are here again which became a craze.

    This particular slogan helped to win over the loyalists of coca-cola who were in a state of cola

    shock or cola depression! Soon the soft drink industry started registering phenomenal growth

    rates and all parley products namely Gold Spot, Limca and Thumps Up became the brandleaders in their own segments. In spite of this the soft drink market had a huge untapped

    potential.

    In 1990, coming of the multinational brand Pepsi and immediately started giving stiff

    competition to Parley and Coke. The parent company of Pepsi was founded in 1890 at North

    Carolina in USA. Its CEO is Roger Enrico. PepsiCo India Holdings Pvt. Ltd. in headquartered

    in Gurgaon and its CEO is Ms. Indra Nyui. In India it has 34 bottling plants of which 8 are

    company owned bottling outlets (COBO) and 26 are franchise owned bottling outlet (FOBO).

    SMV Beverages is a franchise owned bottling outlet. Coca-cola reentered the Indian market in

    1993 in collaborations with Parley India Ltd

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    INTRODUCTION TO PEPSI

    PepsiCo, Incorporated (Short for Pepsi Company) is a large conglomerate with interests in

    manufacturing, marketing and selling a wide variety of carbonated and non-carbonated

    beverages, as well as salty, sweet and grain-based snacks, and other foods. Besides the Pepsi-

    Cola brands (including Mountain Dew), the company owns the brands Quaker Oats, Gatorade,

    Frito-Lay, SoBe, and Tropicana.

    Indra Nooyi, chief executive of PepsiCo since 2006, has focused on maintaining the company's

    leadership in the snack food industry by being on the forefront of marketing healthier snacks

    and striving for a net-zero impact on the environment. This focus on healthier foods and

    lifestyles is part of Nooyi's "Performance With Purpose" philosophy.

    The company formed for distribution and bottling is The Pepsi Bottling Group PepsiCo is a SIC

    2080 (beverage) company.

    HISTORY

    Headquartered in Purchase, New York, The Pepsi Cola Company began in 1898, but it only

    became known as PepsiCo when it merged with Frito Lay in 1965.

    Brands, Inc. PepsiCo purchased Tropicana in 1998, and Quaker Oats in 2001.

    CORPORATE GOVERNANCE

    Current members of the board of directors of PepsiCo are Indra Nooyi C.E.O., Robert E. Allen,

    Dina Dublon, Victor Dzau, Ray Hunt, Alberto Ibargen, Arthur Martinez, Steven Reinemund,

    Sharon Rockefeller, James Schiro, Franklin Thomas, Cynthia Trudell, and River King.

    On October 1, 2006, former Chief Financial Officer and President Indra Nooyi replaced Steve

    Reinemund as chief executive officer. Nooyi remains the corporation's president, and became

    Chairman of the Board in May 2007.

    Since becoming CEO, Indra Nooyi has reorganized PepsiCo to make it less fixated on the U.S.

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    and broadened the power structure by doubling her executive team to 29. She has installed an

    Italian native, Massimo d'Amore, atop the division that includes the troublesome U.S. soft drink

    business, and recruited a former Mayo Clinic endocrinologist to head up R&D.

    Mike White is the President of PepsiCo International Division.

    FORMER TOP EXECUTIVES AT PEPSICO

    Steven Reinemund

    John Sculley

    Donald M. Kendall

    D. Wayne Calloway

    Christopher A. Sinclair

    Roger Enrico

    Alfred Steele

    Joan Crawford

    PEPSICO BRANDS

    PepsiCo owns five different billion-dollar brands. These are Pepsi, Tropicana, Frito-Lay,

    Quaker, and Gatorade. The company owns many other brands as well.

    Pepsi, Caffeine-Free Pepsi, Diet Pepsi/Pepsi Light, Caffeine-Free Diet Pepsi, Caffeine-Free

    Pepsi Light, Wild Cherry Pepsi, Pepsi Lime, Pepsi Max, Pepsi Twist and Pepsi ONE.

    Other U.S. carbonated soft drinks, including Frawg, Mountain Dew, Mug Root Beer, Sierra

    Mist and Tropicana Twister Soda

    7 Up (international distribution)

    Other U.S. beverages, including Aquafina (Flavor Splash, Alive, and Twist/Burst), Tava,

    Dole, Gatorade, Izze, Mountain Dew AMP, Propel Fitness Water, SoBe, Quaker Milk

    Chillers, Ben & Jerry's MilkShakes, and Tropicana Beverages marketed outside the U.S.: Alvalle, Concordia, Copella, Evervess, Fiesta,

    Frui'Vita, Fruko, Junkanoo, Kas, Loza, Manzana Corona, Manzanita Sol, Mirinda, Paso de

    los Toros, Radical Fruit, San Carlos, Schwip Schwap, Shani, Teem, Triple Kola, and

    Yedigun

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    Frito-Lay brands: Baken-ets, Barcel, Bocabits, Cheese Tris, Cheetos, Chester's, Chizitos,

    Churrumais, Cracker Jack, Crujitos, Doritos, Fandangos, Fritos, Funyuns, Gamesa, Go

    Snacks, James' Grandma's Cookies, Hamka's, Lay's, Miss Vickie's, Munchies, Munchos,

    Nik Naks, Ollie's Meat Snacks, Quavers, Rold Gold, Ruffles, Rustler's Meat Sticks,

    Sabritas, Sabritones, Sandora, Santitas, Smartfood, The Smith's Snackfood Company,

    Sonric's, Stacy's Pita Chips, Sun Chips, Tor-tees, Tostitos, Walkers, and Wotsits

    Quaker Oats brands: Aunt Jemima, Cap'n Crunch, Coqueiro, Crisp'ums, Cruesli,

    FrescAvena, King Vitaman, Life, Oatso Simple,Quake, Quisp, Rice-A-Roni, and Spudz

    In 2007, Nooyi spent $1.3 billion on healthier-alternative brands like Naked Juice, a

    California maker of soy drinks and organic juice.

    PARTNERSHIPS

    PepsiCo also has formed partnerships with several brands it does not own, in order to distribute

    these or market them with its own brands.

    Elma Chips, leader of the Brazilian chip's market

    Frappuccino

    Starbucks DoubleShot

    Starbucks Iced Coffee

    Mandarin (license)

    D&G (license)

    Lipton Brisk

    Lipton Original Iced Tea

    Lipton Iced Tea

    Ben & Jerry's Milkshakes

    Dole juices & juice drinks (license)

    Sunny Delight (produced by PepsiCo for Procter & Gamble)

    DISCONTINUED LINES

    All Sport, a line of sports drinks. All-Sport was lightly carbonated; in contrast, rivals

    Gatorade and Coke-owned POWERade were non-carbonated. The 2001 purchase of Quaker

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    Oats (in effect acquiring Gatorade) made All Sport expendable, and the brand was sold to

    another company.

    Crystal Pepsi, a clear version of Pepsi-Cola.

    FruitWorks: Flavors were Strawberry Melon, Peach Papaya, Tangerine Citrus, AppleRaspberry, and Pink Lemonade. Two other flavors, Passion Orange and Guava Berry, were

    available in Hawaii only.

    Josta: launched 1995, "with Guarana," the first energy drink launched by a major soft drink

    company in the US, is now the subject of a "Save Josta" campaign.

    Matika: Run in August 2001, it was a tea/juice alternative beverage, sweetened with Cane

    Sugar & containing Ginseng. Dragonfruit Potion, Magic Mombin, Mythical Mango, Rising

    Starfruit, Skyhigh Berry

    Mazagran: launched 1995

    Mr. Green (SoBe)

    Patio: line of flavored drinks (1960-late '70s)

    Pepsi Edge, a mid-calorie version of Pepsi-Cola.

    Pepsi Blue, a berry-flavored, blue version of Pepsi-Cola.

    Pepsi Kona: launched 1997, a coffee-flavored version of Pepsi-Cola.

    Slice, a line of fruit-flavored carbonated soft drinks.

    Smooth Moos: launched 1995, a flavored milk-based drink.

    Storm: launched March 15, 1998, replaced by Sierra Mist.

    FORMER BRANDS

    PepsiCo owned a number of beverages chains until it exited that business in 1997, selling some,

    and spinning off others into a new company Tricon Global Beveragess, now known as Yum!

    Brands, Inc.. PepsiCo also previously owned several other brands that it later sold.8978969

    California Pizza Kitchen (bought 1992, sold back to original founders in 1997)

    Chevys Fresh Mex (bought August 1993, sold May 1997 to J. W. Childs Equity Partners)

    D'Angelo Sandwich Shops (sold August 1997 to Papa Gino's)

    East Side Mario's (United States franchises bought December 1993, sold early 1997

    Hot 'n Now (bought in 1990, sold in 1997)

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    PEPSI (bought October 1986 from RJR Nabisco, spun off October 1997)

    North American Van Lines

    Pizza Hut (bought in 1977, spun off October 1997)

    Stolichnaya

    Taco Bell (bought in 1978, spun off October 1997)

    Wilson Sporting Goods

    DIVERSITY

    PepsiCo received a 100 percent rating on the Corporate Equality Index released by the Human

    Rights Campaign starting in 2004, the third year of the report.

    TAMPERING

    During the summer of 1993, PepsiCo managed to stave off a runaway hoax pertaining to

    alleged product tampering. Syringes were claimed to have been found in cans of Diet Pepsi --

    first in Seattle, then throughout the U.S. over the next few days. With the arrests of several of

    the fraudulent claimants, reports of found hypodermic needles ceased. PepsiCo's subsequent

    handling of the situation via carefully-worded press releases and VNRs is frequently cited as a

    textbook example of how exactly to handle falsely spread rumors about a company.

    CRITICISMS

    PEPSICO IN INDIA

    PepsiCo gained entry to India in 1988 by creating a joint venture with the Punjab government-

    owned Punjab Agro Industrial Corporation (PAIC) and Voltas India Limited. This joint venture

    marketed and sold Lehar Pepsi until 1991, when the use of foreign brands was allowed;

    PepsiCo bought out its partners and ended the joint venture in 1994. Others claim that firstly

    Pepsi was banned from import in India, in 1970, for having refused to release the list of itsingredients and in 1993, the ban was lifted, with Pepsi arriving on the market shortly

    afterwards. These controversies are a reminder of "India's sometimes acrimonious relationship

    with huge multinational companies." Indeed, some argue that PepsiCo and The Coca-Cola

    Company have "been major targets in part because they are well-known foreign companies that

    draw plenty of attention."

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    In 2003, the Centre for Science and Environment (CSE), a non-governmental organization in

    New Delhi, said aerated waters produced by soft drinks manufacturers in India, including

    multinational giants PepsiCo and The Coca-Cola Company, contained toxins, including

    lindane, DDT, malathion and chlorpyrifos pesticides that can contribute to cancer, a

    breakdown of the immune system and cause birth defects. Tested products included Coke,

    Pepsi, 7 Up, Mirinda, Fanta, Thums Up, Limca, and Sprite. CSE found that the Indian-produced

    Pepsi's soft drink products had 36 times the level of pesticide residues permitted under

    European Union regulations; Coca Cola's 30 times. CSE said it had tested the same products in

    the US and found no such residues. However, this was the European standard for water, not for

    other drinks. No law bans the presence of pesticides in drinks in India.

    The Coca-Cola Company and PepsiCo angrily denied allegations that their products

    manufactured in India contained toxin levels far above the norms permitted in the developed

    world. But an Indian parliamentary committee, in 2004, backed up CSE's findings and a

    government-appointed committee, is now trying to develop the world's first pesticides standards

    for soft drinks. Coke and PepsiCo opposed the move, arguing that lab tests aren't reliable

    enough to detect minute traces of pesticides in complex drinks. On December 7, 2004, India's

    Supreme Court ruled that both PepsiCo and competitor The Coca-Cola Company must label all

    cans and bottles of the respective soft drinks with a consumer warning after tests showedunacceptable levels of residual pesticides.

    Both companies continue to maintain that their products meet all international safety standards

    without yet implementing the Supreme Court ruling. As of 2005, The Coca-Cola Company and

    PepsiCo together hold 95% market share of soft-drink sales in India. PepsiCo has also been

    alleged to practice "water piracy" due to its role in exploitation of ground water resources

    resulting in scarcity of drinking water for the natives of Puthussery panchayat in the Palakkad

    district in Kerala, India. Local residents have been pressuring the government to close down the

    PepsiCo unit in the village.

    In 2006, the CSE again found that soda drinks, including both Pepsi and Coca-Cola, had high

    levels of pesticides in their drinks. Both PepsiCo and The Coca-Cola Company maintain that

    their drinks are safe for consumption and have published newspaper advertisements that say

    pesticide levels in their products are less than those in other foods such as tea, fruit and dairy

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    products. In the Indian state of Kerala, sale and production of Pepsi-Cola, along with other soft

    drinks, was banned by the state government in 2006, but this was reversed by the Kerala High

    Court merely a month later. Five other Indian states have announced partial bans on the drinks

    in schools, colleges and hospitals.

    INTRODUCTION TO CUSTOMER SATISFACTION

    Whether the buyer is satisfied after purchase depend on the offers performance in relation to the

    buyer expectation. In general satisfaction is a person's feelings of pleasure or disappointment

    resulting from comparing a products perceived performance relation to his/her expectations. If

    the performance falls short of expectation, the customer is dissatisfied. If the performance

    matches the expectation customer is satisfied. If the performance exceeds the expectation the

    customer is highly satisfied. Customer satisfaction cannot be very difficult. After all you either

    satisfied with the services you receive or you are not. If you dont you are not. If it is that easy,

    then obtaining people's opinion about how satisfied they are with relatively straight forward

    matter- or is it?. Customer satisfaction is a marketing tool and a definite value addad benefit. It

    is often perceived by customers as important as the primary product or service your

    organisation offers. It looks at what is involved from 3 different angles, the first is from the

    view of an organisation wishing to understand, and measures, how satisfied its customer are

    with the products and services they receive from it. The second is from the perspective of a

    research agency that has been asked to obtain feedback from customers and about their

    experiences when dealing with companies. Finally it considers the issue from the perspective of

    consumers who participate in surveys, including both business customers and members of

    general public

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    MEANING OF CUSTOMER SATISFACTION

    Customer satisfaction is 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 part of the four prospective of balanced score card. IN a

    competitive market place were businesses compete for customers, customer satisfaction is

    seen as a key differentiator and increasingly has become a key element of business

    strategy customer satisfaction drives successful private sector business. High performing

    businesses have developed principles and strategies for achieving customer satisfaction.

    This paper presents a framework or set of ideas for using customer satisfaction principles

    and strategies to improve the quality responsiveness, and possibility of public sector

    privately provided services in vulnerable communities. The framework suggested thatresident who live in tough neighborhoods can be supported through customer satisfaction

    strategies to become empowered individuals

    Who informed perspectives influence decisions about what, how, when, and where services are

    available to them. Customer satisfaction is the customers response to the evaluation of the

    perceived discrepancy between prior expectation and the actual performance of the product as

    perceived after its consumption.

    IMPORTANCE OF CUSTOMER SATISFACTION

    IT costs at least 7 times more to source a new customer than it does to retain existing one A

    'satisfied' customer tells 5-7 people in a year whilst a 'dissatisfied' customer will tell 14-15

    people. Companies can boost profits anywhere from 25% to 125% by retaining a mere 5% more

    of their exciting customers. Totally satisfied customers were 6 times more likely to use that

    services and commend it than ' satisfied' customers. Customers who have a bad experience with

    you and do not complain are only 37% likely to still do business with you. Customers who have

    an opportunity to complain and the complaint is achieved are 95% likely to still do business

    with you.

    Factors of customer satisfaction serviceof quality reliability of service knowledge of the staff

    Being kept informed of progress The way service kept its promises The way the service

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    handled any problem Friendliness of staff y How sympathetic staff were to your needs Speed of

    enquiries Number of time had to contact the service.

    Measuring customer satisfaction Organizations are increasingly interested in retaining existing

    customers while targeting non-customers; measuring customer satisfaction provides an

    indication how successful is the organisation at providing products and/or services to the

    market place. Customer satisfied 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 can

    compare the organizations products. Because satisfaction is basically a psychological state, careshould be taken in effort of quantitative measurement, although a large quantity developed.

    CUSTOMER SATISFACTION TOWARDS PEPSI

    Satisfaction means fulfillment or gratification of need, desire or appetite. Customer satisfaction

    or dissatisfaction is the feeling derived by the consumer when he/she compares the productsactual performance with the performance that he/she expects of it. When the product

    performance matches the expected performance, the customer experience satisfaction; when it

    falls short of the expectation, the customer experience dissatisfaction. And when the

    performance exceeds expectations, the customer is highly satisfied or delighted. Customer

    satisfaction is a key indicator of success of an organization. Customer satisfaction can be two

    types which as follows:-

    1. Product satisfaction

    2. Service satisfaction

    Customers buy goods and services to meet specific needs. When people

    feel a need, they are motivated to take action to fulfill it. In many instances, purchase of a good

    and service may be seen as offering the best solution to meeting a particular need. Subsequently

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    customers may compare what they received against what they expected, especially if it cost

    them money, time, or effort that could have been devoted to obtaining an alternative solution.

    A SATISFIED CUSTOMER IS YOUR BEST ADVERTISEMENT

    A sale is not a onetime transaction it is the beginning of repeat business provided your keep

    THE CUSTOMER SATISFIED and there is no other way of doing it than to be prompt in

    reaching out to him in adversity and giving him good after sales service.

    The time has come to put yourself in YOUR CUSTOMERS SHOES and SATISFY HIS

    NEEDS BECAUSE ONE satisfied customer in ten years brings you HUNDRED more.

    All of us have Family jewellery; similarly such satisfied customers are the NAVRATNAS

    of your business. The easiest way to get new customers is look after well your existing

    customers.

    Centrum Direct Ltd. and Almondz Securities Ltd. have definite customers. They have

    individual as well as industrial customers. Both the companies are maintained loyal customers.

    Both of them have long list of satisfied customers.

    Customer satisfaction is affordable and profitable because a satisfied customer becomes your

    salesman forever.

    DIS-SATISFIED CUSTOMERS ARE YOUR BEST TEACHERS

    You can never please 100% of your customers. 100% of times and 100% of the days. If you canor you are achieving it, you Are genius. Generally for an average businessman one- third if your

    customers are very satisfied with you, another one- third are reasonably satisfied and the

    balance one-third are not fully satisfied. Do not worry too much but start doing something about

    it.

    Offer him/her a deal, e.g. you pay half and he/she pays half or share the service cost or

    any other such ratio that will indicate your willingness to help the customer go by your

    experience.

    You can make a list of old dis-satisfied customers, but never get them together.

    When you try to reach the difficult customers, you may not quite satisfy all of them but

    you wont come up with a nothing achieved feeling either. So start with one

    dissatisfied customer and satisfy him; one success will lead to another.

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    You will have to search for the dissatisfied customers you should get involved in a

    continuous search, a continuous probing around. Once you locate some of them, one

    third of your problem is solved.

    EXCELLENT CUSTOMER SERVICE

    WHAT IS EXCELLENT CUSTOMER SERVICE?

    - Excellent customer service is not a smile campaign.

    It is about

    The quality ofWHAT you DELIVER.

    The quality ofHOW you DELIVER it.

    - Merely ADEQUATE CUSTOMER SERVICE is probably invisible to customers.

    Only EXCELLENT CUSTOMER SERVICE gets noticed.

    - Customers are hungry forQUALITY TREATMENT which is the central theme of

    service ERA.

    - Smart companies today see the customer not as target but as a partner to be involved in

    development of the organization.

    Excellent service means giving customers a LITTLE MORE THEY EXPECT. When we

    satisfy a customer the customer leaves with positive feeling. That is huge significance to

    any business because feeling will bring a customer back and business success largely

    depends upon repeat business and references from existing customers to potential new

    customers.

    Customers loyalty is very important for successful business. It should be able to manage the

    customers feelings.

    TERM A LITTLE BIT MORE

    Giving people a lot more than they expect is good service. Good service educates the customer

    and establishes a new standard which raises the challenge of continuous improvement. There

    are some different types of securities which are as follows:-

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    Cold Drinks: - Pepsi is the drink manufacture company. Pepsi represents the various drinking

    products of companys. In the other words

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    OBJECTIVES OF STUDY

    To study the characteristics of an ideal Pepsi beverages as per customers view.

    To study various factors like quality of eatables, ambience, price, service etc. of

    PEPSI in Ludhiana.

    To study the internal environment i.e. employee behavior, music, catering etc. of

    PEPSI in Ludhiana.

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    RESEARCH METHODOLOGY

    Research methodology is a scientific & logistic technique to solve the problem. When

    we talk of the research methodology we not only talk about research methods adopted to get

    desired results but we also consider the logic behind these methods. All possible efforts were

    made to gather information in a natural way to achieve objectives of the research.

    Research is an original contribution to the existing stocks of knowledge making for its

    advancement in search for knowledge through objectives and systematic method of landing

    solution to problem, in research. Research reflects to systematic method consist of the problem,

    formulating the hypothesis, collecting the facts, analyzing data, data analysis of the fact and

    reaching certain conclusion either in form of solution towards concerned problem in certain

    generalization for some theoretical formulation.

    Research Design

    A descriptive research design is being used in this research as here it has been described

    that how much satisfied are the people from the services provided by PEPSI Ludhiana. This

    research describes the various parameters which provide satisfaction to customers regarding

    beveragess. Moreover, the research is also telling various areas to be worked upon in order to

    provide optimum level of satisfaction to the customers.Data Collection This includes all those resources from where a researcher collects data for his

    project. There are mainly two resources for collecting data:

    Primary resource: In it we include fresh information collect for the first time

    Secondary resource: In it we include those resources which are already published in one or in

    the form such as reports, magazines, newspapers, journals and many more.

    Regarding my research work, I am using both Primary and Secondary Method for

    collecting data. In case of Primary data, I am using the questionnaire method for collecting

    fresh data direct from the respondent. And In case of Secondary Resources, I have collected

    information from various published resources such as Books, Magazines, Newspapers and

    Internet.

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    Sampling design

    In carrying out a survey relating to research, first select the problem and study its implications

    in different areas. Selection of research problem should be line with the researchers interest,

    chain of thinking and existing research in the same area and should have some direct utility.

    The topic should have practical feasibility. To study feasibility, it is important to prepare a

    preliminary abstract on the research topic. The first and foremost task in carrying out a research

    is to select a sample. In sample plan we decide about the size of the sample, total population

    and sampling unit which are described below.

    Universe

    All the customers of PEPSI of Ludhiana.Population

    Selected customers from PEPSI.

    Sampling Unit

    Each single person from whom questionnaire is got filled. In this research sampling unit is the

    each selected customer of PEPSI.

    Sample size

    The number of respondents included in the study was 100.

    Sampling Technique

    The selection of respondents was done on the basis of convenience sampling.

    Sampling Frame

    The frame is the list of names of all respondents who has filled Questionnaire for the research.

    Data Analysis

    Analysis is carried out as per categories of questions and their sub parts. The data has been

    tabulated and the analysis is carried out by presenting the data in the form of bar and pie charts

    wherever necessary to facilitate better understanding and proper depiction to facilitate

    interpretations. Information collected was analyzed by means of mean or average and sampling

    method and after analysis it, results were find out. Till this stage those data are only responses,

    which are incapable of interpretation until converted into significant statistical information

    .Tabulation of data was done to present data into an easily understandable form. Percentages

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    were used to analyze the data collected. In addition to summarizing data in a tabular form, data

    was presented graphically to obtain significant insight. Bar Diagrams and pie charts were used

    to represent the information. Checklist and multiple-choice questions were analyzed on

    percentage basis, ranking questions were analyzed on average basis and rating questions were

    analyzed on the basis of weight age.

    NON-PROBABILITY SAMPLING

    Non-Probability sampling methods are those which do not provide every item in the

    universe with a known chance of being included in the sample. The selection process is at least

    particularly subjective. The following are some of the methods of Non-Probability sampling:

    Chi-square Test

    The chi-square test is one of the simplest and most widely used non-parametric tests in

    statistical work. The 2 are the Greet letter chi the chi-square (2) test was first used by Karl Pearson in

    the year 1990. The quantity chi-square describes the magnitude of the discrepancy between theory and

    observation. It is defined as:

    Chi-Square = (O-E)2 / E

    Where O = Observed frequency

    E = Expected frequency

    To determine the value of chi-square, the steps required are:

    1. Calculated the expected frequencies

    Total no. of Respondents

    E = ---------------------------------------

    Different types of respondents

    2. Take the difference between observed and expected frequencies and obtain the squares of

    these differences i.e.,

    (O-E) 2

    3. Divide the values of (O-E)2 with respective expected frequency and obtain the total i.e.,

    (O-E) 2 / E

    Degree of Freedom is (n-1).

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    LIMITATIONS

    The problem was being faced in pursuing the managers of the beverages for conducting

    the research.

    Limitation of the research is that on the basis of just one hundred respondents results

    are applied to entire PEPSI beverages in Ludhiana, which is also area for scope of

    further researches.

    Moreover this project would tell them the factors which provide satisfaction to the

    customers. They can improve that factor in which they lacks and can meet the stage of

    optimum customers satisfaction with the help of this.

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    ANALYSIS AND INTERPRETATION

    1. How often you drink this Pepsi?

    Table 7.1

    Analysis:

    Fig No 7.1

    Interpretation: PEPSI is able to attain most of its customers and is providing a good level of

    satisfaction to its customers. It is reflected from the fact that 45% of customers visit PEPSI at

    least once in a week.

    Options Frequency Percentage (%)

    Daily 5 5

    At least once in a week 45 45

    Once in a month 30 30

    Not very often 20 20

    Only on occasions 0 0

    First time visitor 0 0

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    2. What type of drink you prefer?

    Table 7.2

    Options Frequency Percentage (%)

    Energy drink 37 37

    Soft Drink 48 48

    Both 15 15

    Analysis:

    Fig No 7.2

    Interpretation:

    PEPSI is not only catering with the needs of non veg people but also is successful in meeting

    the satisfaction level of veg. people. Thats why the percentage of veg. people visiting PEPSI is

    quite good, but still the percentage of non veg. people visiting PEPSI is much more than others.

    3. Rate the following factors from 1 to 6 according to your preference for an ideal beverages: (1

    being the most important and 6 being the least one)

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    i. Quality

    ii. Location

    iii. Service

    iv. Reasonable price

    v. Infrastructure

    vi. Ambience

    Table 7.3

    Factors Total marks

    Quality 71

    Location 119

    Service 98Reasonable price 146

    Infrastructure 189

    Ambience 203

    Analysis:

    Fig No 7.3

    Interpretation: The customers of Ludhiana give most preference to Quality while visiting any

    beverages.

    4. What features of PEPSI attracts you?

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    Table 7.4

    Features Avg. Value (%)

    Quality 27

    Price 8

    Service 22Location 19

    Infrastructure 8

    Ambience 16

    Analysis:

    Fig No 7.4

    Interpretation:

    Thus it is clear that Quality food and Service are the main attractions of PEPSI.

    5. Please tick the statements you consider true in case of this beverages:

    i. PEPSI provides quality ________

    ii. Prices of items of PEPSI are reasonable ________

    iii. PEPSI has quite a good Ambience. ________

    iv. Service provided by PEPSI is decent. ________

    v. PEPSI has enough variety. ________

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    Table 7.5

    Options (i)

    percentage

    (ii)

    percentage

    (iii)

    percentage

    (iv)

    percentage

    (v)

    percentage

    True 85 45 45 85 25

    False 15 55 55 15 75

    Analysis:

    Fig No 7.5

    Interpretation:

    Thus it is clear that PEPSI provides excellent quality and decent service but need to work upon

    the variety in order to provide more satisfaction to its customers.

    6. To what extent are you satisfied with the following factors of PEPSI?

    Table 7.6

    Factors Not satisfactory Satisfactory Good Excellent

    Quality 0 25 48 27

    Price 0 40 46 14

    Service 05 25 55 15

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    Infrastructure 0 18 32 50

    Variety 0 25 62 13

    Analysis:

    Fig No 7.6

    Interpretation:-Thus it is clear that PEPSI is providing satisfaction to its customers in terms of

    Quality food, Infrastructure, Service and ambience and need to do some work in the area of

    parking facility in order to pro vide better satisfaction to its customers.

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    7.Would you drink this beverages again?

    Table 7.7

    Options Percentage

    Yes 80

    No 20

    Analysis:

    7. Would you drink this beverages again?

    Table 7.7

    Analysis:

    Fig No 7.7

    Fig No 7.7

    Interpretation:

    As every customer of PEPSI is willing to drink back hence it can be said that level of customer

    satisfaction in PEPSI is good enough.

    8. What problems are you facing in PEPSI? (You can tick more than one)

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    Table 7.8

    Factors Percentage

    Quality 10

    Service 20

    Price 15

    Employee's behaviours 25

    Parking 10

    Location 20

    Analysis:

    Fig No.7.8

    9. Please rate your overall experience from this beverages:

    Very bad Bad Average Good Very Good

    --------I-----------------I-------------I----------------I----------------I-----------

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    Table 7.9

    Option Very Bad Bad Avg. Good V. Good

    Overall

    Experience

    0 0 15 60 25

    Analysis:

    Fig No 7.9

    Interpretation:

    The overall experience of the customers is good in PEPSI. Thus, PEPSI is providing good level

    of customers satisfaction.

    10. Do your drink Pepsi at the place of water?

    Table 7.10

    Options Percentage

    Yes 60

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    No 40

    Analysis:

    Fig No. 7.10

    11. Your suggestions to increase level of customers satisfaction.

    Analysis:

    We can say that if Pepsi want to increase level of customers satisfaction then its

    service should be fast. Stock should be complete. Location and quality should be good. And

    employees behavior should be polite with customers.

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    FINDINGS OF THE STUDY

    Customers are satisfied with the beverages PEPSI of Ludhiana.

    Still there are some areas to work upon to make this level an optimum level such as

    variety, Packing etc.

    There is a request from many customers that PEPSI should check and control the

    excessive use of beefs in its drinking stuff.

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    SUGGESTIONS

    1. Supply distribution should improve during summer.

    2. The sales team should be trained and should be courteous with the retailer. It should

    depend the partnership arrangement with suppliers and distributors and make them feel

    as a part of the company.

    3. Pepsi fridge and racks should be making easily available for the retailers so that they

    survey the purpose of visibility as they say JO DIKHEGA WOHI BIKEGA.

    4. More emphasis should be given in retaining and building loyalty among retailers while

    at the same time new retailers should be encouraged to sell Pepsi.

    5. Another brand of Cola flavor should be introduced and it should have strong taste and

    more fizz so as to attract the customers who like Thumps up more than Pepsi.6. Supply should be in time.

    7. Merchandising facility should be fulfilling like board.

    8. The company should concentrate on the brand awareness of its product.

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    CONCLUSION

    Everything in this world is made to utilize properly but should be reach at the proper person or

    to the proper utilize areas. Otherwise the value added to those things become in vein. As thereis a proverb that, Far from Eye, far from Heart. Thus marketing role play a very important role

    in achieving the objectives of a company. Undoubtly, value utility is created by the manufacture

    of product or service but time and place utilities are created by marketing role. According to

    Drunker, both the market and the distribution channels are often more crucial than the product.

    They are primary and the product is secondary. In an economy like that of India, where

    marginal shortages can lead to disproportation distortion in prices, a dependable and efficient

    distribution system is very much essential. The distribution system creates a value added to all

    most all products. All from the above study not withstanding its restructuring efforts, Pepsi steel

    had some distance to cover to catch up with Coke.

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    BIBLIOGRAPHY

    BOOKS :

    Bhattacharya, D.K, Research methodology 2003,Excel books New Delhi, Edition 1

    st

    JOURNAL/MAGAZINES/NEWSPAPER :

    Business world, 29th march 2007, page No. 35

    Fred Luthans, Organization Behaviour, Tata MC Graw Hill publications Pages 46-56

    Goldberg, M.E., Gorn, G.T., Gibson, W.1979. T.V message for snack and breakfast

    foods. Do they influence childrens preference? Journal of Consumer Research. 5(4):

    27-81

    WEBSITES :

    http://roadtrip.beimers.com/day99.html

    http://www.agilitynut.com/eateries/8b.html

    http://www.en.wilkipedia.org/beverages.com

    http://www.Pepsi.com/about/pressure.asp

    http://www.Pepsi.com/about/secret.asp

    Vogmel, N. 1976. Employee development for efficient customer service. Prajan. 5(2):

    167

    http://roadtrip.beimers.com/day99.htmlhttp://www.agilitynut.com/eateries/8b.htmlhttp://www.en.wilkipedia.org/restaurant.comhttp://www.en.wilkipedia.org/restaurant.comhttp://www.en.wilkipedia.org/restaurant.comhttp://www.kfc.com/about/pressure.asphttp://www.kfc.com/about/pressure.asphttp://www.kfc.com/about/pressure.asphttp://www.kfc.com/about/pressure.asphttp://www.kfc.com/about/secret.asphttp://www.kfc.com/about/secret.asphttp://www.kfc.com/about/secret.asphttp://www.kfc.com/about/secret.asphttp://roadtrip.beimers.com/day99.htmlhttp://www.agilitynut.com/eateries/8b.htmlhttp://www.en.wilkipedia.org/restaurant.comhttp://www.kfc.com/about/pressure.asphttp://www.kfc.com/about/secret.asp
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    QUESTIONNAIRE

    PERSONAL DETAILS:

    Name _______________________

    Phone number _______________________

    Gender _________

    Age ________

    Place ___________________

    1. How often you drink PEPSI? (Please tick your answer)

    Daily

    At least once in a week

    once in a month

    Not very often

    Only on occasions and functions

    First time visitor

    2. What type of drink your prefer?(Please tick your answer).

    Energy drink Soft drink Both

    3. Rank the following factors from 1 to 6 according to your preference for ideal beverages: (1

    being the most important and 6 being the least one)

    I. Quality ________

    II. Location ________

    III. Service ________

    IV. Reasonable price ________

    V. Infrastructure ________

    VI. Ambience ________

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    4. What features of PEPSI attracts you? (you can tick more than one choice)

    i. Quality food ii. Price

    iii. Service iv. Location

    v. Infrastructure vi. Ambience

    vii. Any Other, please specify ________

    5. Please tick the statements you consider true in case of this beverages:

    i. PEPSI provides quality ________

    ii. Prices of items in PEPSI are reasonable. ________

    iii. PEPSI has quite a good Ambience. ________

    iv. Service provided by PEPSI is decent. ________

    v. PEPSI has enough variety ________

    6. To what extent are you satisfied with the following factors of PEPSI?

    Not satisfactory Satisfactory Good Excellent

    Quality food ------ -I------------------------- I ------------ I ----------- I -----

    Price -------I-------------------------- I--------------I------------I------

    Service -------I-------------- ------------I--------- -----I------------I----

    Ambience -------I-------------------------- I--------------I--------------I-----

    Infrastructure --------I-------------------------- I--------------I--------------I----

    Parking facility --------I-------------------------- I--------------I----------

    7. Would you drink this Pepsi again?

    Yes No

    8. What problems are you facing in PEPSI? (You can tick more than one)

    1. Quality ______

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    2. Service _______

    3. Price _______

    4. Employees behavior _______

    5. Parking _______

    6. Location _______

    7. Any other, please specify __________________________

    9. Please rate your overall experience from PEPSI:

    Very bad Bad Average Good Very Good

    --------I-----------------I-------------I----------------I----------------I-----------

    10. Do your drink Pepsi at the place of water?

    Yes No

    11. Your suggestions to increase level of customers satisfaction.

    ________________________________________________________________________

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    PREFACE

    In most of the Management Institutes in India, all the stress is laid on theoretical knowledge and

    the practical training is considered just a necessity for the mere completion of course but ourKIMT, Ludhiana does not agree to this condition. In our course practical training is given equal

    importance and thus we undertook a research in our third year.

    When everybody is providing that what is demanded by the customers, the person

    delivering the satisfaction to customers succeeds in long run. In today market it is very much

    important to provide the optimum level of satisfaction to the customers in order to retain them.

    As customer is the king, so in order to survive in the market your customers should be satisfied

    from you. To conquer the modern business world one needs to understand the needs of

    customers.

    My project To study the level of customers satisfaction regarding the beverages

    PEPSI in Ludhiana. has been done at PEPSI in Ludhiana.

    Now I take this opportunity to present my report and sincerely hope that it would be

    useful for readers.

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    ACKNOWLEDGEMENT

    It is almost a ritual to place on record a statement of thanks at the beginning of a training

    report. But this acknowledgement is more than just a ritual. It is a heartfelt thanks to all thosewho has provides me this great opportunity to learn something. First of all I would like to

    express my indebtness and sincere thanks Mr. Manjit S. Chhabra (Co-ordinator) and Mrs.

    Shallu Gupta, GGNIVS, Ludhiana for her expert supervision and constructive criticism and

    valuable suggestions throughout the course of my study. She is the person who guided me at

    every step of my project.

    I extended my thanks to my parents, brother and friends for their deep affection and emanated

    expiration that really kept me going towards my work.

    Lastly I wish to thank all the respondents who extend their whole-hearted co-operation in

    giving answers to the questions which were asked to them for my research work.

    I would also like to thank Mr. Shukla (A.D.C.) of Aradhna Drinks Beverages without whose

    support this project could not have been in the form in which it is now.

    Ishan Kalra

    820458018

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    STUDENT DECLARATION

    Thereby declared that project report entitled Customers satisfaction regarding the PEPSI

    submitted for the degree of Bachelor of Business Administration is my original work and the

    project report has not formed. The basis for the award of any diploma, degree fellowship or

    similar other title. It has not been submitted to any other university or institution for the award

    of any degree or diploma.

    Ishan Kalra

    Roll No. 82045801