SM PROJ SHAREKHAN.pptx

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    INDUSTRY PROFILE The Indian broking industry is one of the oldest tradingindustries that has been around even before the

    establishment of the BSE in 1875.

    In Indian retail brokerage industry, the brokerage firmsprimarily work as agents for buying and selling ofsecurities like shares, stocks and other financialinstruments and earn commission for each of thetransactions

    The Indian retail brokerage market is going through a

    wonderful phase with high growth rate. It is expected toreach US$ 6535.7 billion by the year 2015.

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    COMPANY PROFILE

    Sharekhan company limited is one of the leading retailbrokerage firms in the country

    Punch line: your guide to financial jungle

    Site of sharekhan was launched by 8 feb 2000 Telephone no:022-67482000

    Tollfree:1800227500

    Working under SSKI (S.S.Kantilal ishwarlal) Ltd

    They provides you a complete life cycle of investmentsolution in equities ,derivatives,commodities anddepository services

    More than 175 broking firms in over 80 cities

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    SERVICES OF SHAREKHAN Equity Derivatives trading.

    Depository services.

    Mutual Funds.

    Commodities trading.

    Portfolio Management.

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    SERVICE ENCOUNTER

    The service encounter or Moment of Truth is

    Generally there are three types of serviceencounters:-

    1)Remote encounter(Website/Emails)

    2)Phone encounter 3)Face-to-Face encounter

    Sales Call Meet the client &Convince him

    Get the Formsigned up

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    SERVICE MARKETING MIX

    People-Employees are working efficiently- Listen to customers patiently

    Process-Response time is low

    -standardized procedure

    Physical evidence-brouchure-attire of employee

    -environment is also good

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    Gaps Model Knowledge gap- None

    Service design and standard gap-Inappropriate

    physical evidence

    Service performance gap-Customer who do notfulfill their roles.

    Communication gap- Overpromising in personal

    selling

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    Segmentation, Targeting,Positioning

    Segmentation- Both low income and highincome customers.

    Targeting- Mainly high income people andpeople with high liquid asset

    Positioning- Different schemes like mutual

    funds, equity derivative trading

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    SERVQUAL-RATER Reliability: Ability to perform the promised service depend

    ably and accurately(75%)

    Assurance (including competence, courtesy, credibility andsecurity):Knowledge and courtesy of employees and their

    ability to inspire trust and confidence(74%) Tangibles: Physical facilities, equipment and appearance of

    personnel(90%)

    Empathy (including access, communication, understanding

    the customer):Caring and individualized attention that thefirm provides its customers(70%)

    Responsiveness: Willingness to help customers andprovide prompt service(85%)

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    highdis(1)

    dis(2)

    neut(3)

    sat(4)

    highsat(5)

    calls made 2 3 5 12 3

    Behavior 0 0 3 20 2

    knowledge of

    executive 0 3 1 14 7

    reply of

    executive 2 3 5 12 3

    Brokerage 7 3 3 10 2

    trading screen &

    browser speed 0 0 1 15 9

    Response time 1 3 1 15 5

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    FINDINGS

    Telephone encounters, related to toll-free number

    also create a level of satisfaction

    Customers are highly satisfied with the knowledge

    and behavior of the executives The customers have, generally, been found to be

    satisfied with the reply of the executives to their

    query

    Brokerage charged by the company is one area

    where the company should work on

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    The time taken to activate the account is

    dissatisfactory as there exists a promotional gap.

    The company promises to activate the account in10-12 working days, but in many cases this

    stretches to 16-18 working days.

    Generally, the customers are satisfied with the

    demonstration, yet there is scope for improvement