Preview

Br Retail Perfomance

Powerful Essays
Open Document
Open Document
2086 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Br Retail Perfomance
"My primary objectives are to enhance BT customers' satisfaction and to grow BT's business.”
Ben Verwaayen

© BT Group 2002

BT’s new CEO, Ben Verwaayen, is placing major emphasis on enhancing customer satisfaction. This presentation demonstrates the extent to which corporate social responsibility contributes to customer satisfaction in BT. It builds on the work described in Enlightened Values and undertaken by BT Retail. This is also available for download from the Better World site: www.bt.com/betterworld

Retail customer satisfaction 1999 - 2001
Mean score
8.5 8.4 8.3 8.2 8.1 8.0 7.9 7.8 7.7 7.6 7.5 Jan 99 Mar 99 May 99 Jul 99 Sep 99 Nov 99 Jan 00 Mar 00 May 00 Jul 00 Sep 00 Nov 00 Jan 01 Mar 01 May 01 Jul 01 Sep 01

What factors control this movement?

© BT Group 2002

For many years we have monitored overall customer satisfaction ratings based on 3,250 face to face interviews every month with our UK consumers*. Whilst we had an intuitive feel for the underlying factors affecting customer satisfaction ratings, there was no known objective quantified link between these and the measured customer satisfaction figures. BT Retail, led by it’s new CEO Pierre Danon, took up this challenge in 2001. They undertook a detailed statistical analysis of all BT’s available consumer research covering three main strands: •Continuous – tracking customer satisfaction, key perceptions, complaint levels, advertising awareness and takeout, media coverage, competitor benchmarks and key market trends. •Event Driven – tracking the customer experience on all key contacts with BT – provision or service, fault repair, complaint handling, home moves, campaign response, product delivery, face to face and shops. •Ad hoc – driven by the requirements of the business and especially marketing departments to support product and service development, and advertising creative testing. A detailed statistical analysis of this mass of data identified those factors that strongly

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Mkt/571 Week1

    • 646 Words
    • 3 Pages

    References: Center for the Study of Social Policy, 2007. Customer Satisfaction. Retrieved January 14, 2013 from http://www.cssp.org/publications/constituents-co-invested-in-change/customer-satisfaction/customer-satisfaction-what-research-tells-us.pdf…

    • 646 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Bsb115 Unit 1 Assignment

    • 755 Words
    • 4 Pages

    The problems were avoidable, however underlying causes went unaddressed, and negative affect to customers. Consistency is the key to making customers happy, which is the aim of this organisation. Research by McKinsey & Company (2014) suggested that evaluating the customer journey is 30% more predictive of overall customer satisfaction than individual touch points, which makes increasing customer satisfaction easier to do. Even more importantly, Keskinen, T (2013) suggest that improved satisfaction leads to increased customer loyalty. Loyal customers are likely to retain our service and recommend our service to others, thus increasing our customer base and generating more…

    • 755 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Company Q Task 1 Est1

    • 905 Words
    • 4 Pages

    Corporate social responsibility has become a topic of concern for many businesses. Businesses are striving to meet sales and profit goals, yet at the same time have a positive impact on society. The reason for this is that customers, investors, employees, government agencies, and communities are all influenced by business, yet they all have the ability to influence and impact businesses as well. A company’s reputation is at stake when it comes to being socially responsible, and many companies have developed a plan that ensures they are being socially responsible while still meeting their sales/profit goals. This paper will evaluate Company Q’s current policies and attitude and make recommendations to improve them towards social responsibility and in turn increase their bottom line.…

    • 905 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Jft2 Task2 2

    • 3827 Words
    • 11 Pages

    Szwarc, P. (2005). Researching customer satisfaction & loyalty: How to find out what people really think. London: Kogan Page. ISBN: 9780749443368…

    • 3827 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    Est Task 1 Wgu

    • 441 Words
    • 2 Pages

    From the given company information and profile, it seems that Company Q’s current attitude toward social responsibility could be improved. Customers are not only interested in what products and services stores offer, they are also interested in how the companies serve the community. Company Q needs to change a few policies in order to improve their current social standing in the views of their customers. First, closing stores in areas of need is not a customer-friendly policy. Next, offering products customers ask for, but with limited selection and high profit margins is not a customer oriented policy. Finally, refusing to donate day-old products to charity shows a lack of caring for the communities the company serves.…

    • 441 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    VBD Brief

    • 686 Words
    • 3 Pages

    Consistency is the key to making customers happy, which is the aim of this organisation. In order to provide maximum customer satisfaction, the customers must have a consistent ‘customer journey’, i.e. the cumulative experience of interactions that a customer has with a company (Pulido et al, 2014). Research by McKinsey & Company (2014) suggested that evaluating the customer journey is 30% more predictive of overall customer satisfaction than individual touch points, which makes increasing customer satisfaction easier to do. Even more importantly, Hallowell (1996) found that improved satisfaction leads to increased customer loyalty. Loyal customers are likely to retain our service and recommend our service to others, thus increasing our customer base and generating more business.…

    • 686 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    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.…

    • 1754 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    This report aims to figure out two basic questions, current consumers’ satisfaction and strategy that would be most potent to increase overall satisfaction. At the beginning, a survey of three parts was designed and conducted across different age groups.420 samples were collected and coding and editing of a variety of data ensued. By resorting to hypothesis test, regression model, this report found out that current consumers’ satisfaction level is much lower than management expected and two gender groups show significantly different satisfaction .Also, consumer satisfaction was similar across five age groups. In respect of determinants of consumer satisfaction, satisfaction…

    • 2107 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    References: Devone, C., Power, J., and Power, J. (2006). Satisfaction: How every great company listens to the voice of the customer. New York, NY: Penquin Group.…

    • 782 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    We are living at an age where the customer or the consumer has been brought at the center stage of business enterprises. This consciousness has been necessitated by the rudiments of marketing which stipulate that every product or services should be innovated with the customer in the mind. But beyond providing these goods and service there has also emerged the need to care about the welfare of the consumers in terms of their health, environment, education and general wellbeing. Corporate social responsibility has come up to fill this gap. In this discourse, we are going to look at International Business Machines (IBM) and its social responsibility initiatives.…

    • 1301 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Enterprise Rent-A-Car

    • 433 Words
    • 2 Pages

    Studying the data showed that ‘completely satisfied’ customers were more than three times as likely to become repeat customers as those who said they were only ‘somewhat satisfied’. This piece of information was like a ‘lightning bolt’ for the company. It showed that customer satisfaction has a direct impact on sales and profits.…

    • 433 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Shakespeare Vs. Sophocles Sophocles and Shakespeare were both notable playwrights of their times. Although some of their writing techniques were similar, they had many differences from each other, as well as from other writers of their time, which made them stand out among the rest.…

    • 582 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    2.5, 3.2, 3.8, 1.3, 1.4, 0, 0, 2.6, 5.2, 4.8, 0, 4.6, 2.8, 3.3. Calculate…

    • 320 Words
    • 2 Pages
    Powerful Essays
  • Satisfactory Essays

    Median Mode

    • 487 Words
    • 4 Pages

    12.3 14.9 15.8 16.1 16.5 16.9 16.9 17.1 17.3 17.4 17.5 17.5 17.9 18.3 18.4 18.5 18.5 18.6 18.7 18.8 18.8 19.3 19.4 19.5 20.5 20.5 20.7 21.3 22.5 23.4…

    • 487 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Joint Building Contract

    • 24211 Words
    • 97 Pages

    25.0 26.0 27.0 28.0 29.0 30.0 31.0 32.0 33.0 34.0 35.0 36.0 37.0 38.0 39.0 40.0 41.0 42.0 43.0 44.0 45.0…

    • 24211 Words
    • 97 Pages
    Good Essays

Related Topics