Preview

A Study on Customer Satisfaction on Bsnl Mobile Services

Powerful Essays
Open Document
Open Document
15983 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
A Study on Customer Satisfaction on Bsnl Mobile Services
1.0
INTRODUCTION

1.1 Statement of Problem

A study has been conducted in order to understand the Customers opinion and Satisfaction level of Mobile Services of BSNL in East Godavari District, researchtitled“A STUDY ON CUSTOMER SATISFACTION FOR BSNL MOBILE SERVICES IN RAJAHMUNDRY REGION”has been conducted.

1.2 Importance of the Study

In today's competitive business world and challenging economy, retaining your customer base is critical to your success. If you don't give your customers some good reasons to stay, your competitors will give them a reason to leave. Customer retention and satisfaction drive profits. It's far less expensive to cultivate your existing customer base and sell more services to them than it is to seek new, single-transaction customers. Most surveys across industries show that keeping one existing customer is five to seven times more profitable than attracting one new one.
The liberalization of Indian telecom sector changed the landscape of telecommunications. In the globalized scenario the when the competition is intensifying, communication becomes a basic infrastructural requirement which influences the economic development. With the private players like Airtel, Aircel, Reliance, Tata Indicom etc.,gaining market share and stringent rules and regulations of TRAI, the tag of public service sector poses a challenge for BSNL to retain its market share and customers. Hence in order to understand about the customers’ requirements their likes and dislikes preference is sine-quo-non for BSNL. This study will help the company know how satisfied the customers are with their products. By this it can bring out various measures in improving its products and services which leads to high level of satisfaction in their customers.
Today's telecommunication industry finds itself in a curious position where, customers are switching their providers where as service providers are trying to reward them for their loyalty. Successful

You May Also Find These Documents Helpful

  • Powerful Essays

    Holding on to the customers that are the most profitable is just plain good business. The retaining of current customers is less expensive than acquiring new ones. Current customers represent the path for growth, only if you know how to expand a relationship with them. Jeffery R. Immelt chairman and CEO of General Electric Company recently announced an extraordinary goal to increase the organic rate of G E from 5% a year to 8%. This 60% increase would be tremendous for a company of this magnitude, who already has the ninth largest revenue in the world.…

    • 1295 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    A happy loyal customer will continue to bring you business through the years. Think of this situation. An 18 year old student comes to Verizon Wireless to get his very own cell phone. Six years down the road, he meets the girl he is going to marry, and they would like to get a plan together for cell phone minutes. Verizon, for the past two years has been taking very good care of this gentleman, so he talks his wife into getting a Verizon Wireless phone. She does, and that’s one new activation for Verizon and more money monthly from that gentleman. Fast forward a few years, when that gentleman is married and has children. It is now time for his children to get a cell phone. Where will he turn? Verizon Wireless, of course, because for all these years, they have been taking care of him, for being a loyal customer. It just makes sense to take care of the customers you have in the long run. Yes, new customers are always good, but please…

    • 2080 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    How to Lose an Account

    • 1337 Words
    • 6 Pages

    In the words of many industry professionals, losing a customer is the absolute worst thing that could happen to our company. This mantra has always stood true, but when we're fighting with competitors for every dollar, customer retention is key.…

    • 1337 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Our lives have many walls that we must either stand there and look at or decide to walk around the walls of our lives. The foundation of every building has outer walls that construct the perimeter of the building. Dividing every floor of the building there are walls that serve a purpose to compose of obtaining smaller rooms. To have a wall is to surround, separate or guard but the walls often do more than this job. In the readings of Bartleby, the Scrivener: A Story of Wall Street the main character, Herman Melville, discovers the connections of an person and civilization through the utilization of the walls and how the numerous individuals in the story respond to them. In a person’s existence, they become more insolent because of the numerous walls they construct that produces unexpected actions and will eventually lead to a disastrous demise.…

    • 1031 Words
    • 5 Pages
    Good Essays
  • Best Essays

    1. Introduction – importance of customer loyalty to a company Customer loyalty is an important thing to be considered by every organization because it can affect the performance of a company, directly or indirectly, and within short-term as well as long-term period. According to Castledine (2011), loyal customers generate more profits and it is also six times cheaper to retain an existing customer rather than winning a new one. Customer loyalty can be obtained by delivering value that creates customer satisfaction. Value is closely related with the ratio between cost and benefit to the customer (Castledine, 2011). Customer satisfaction is created when their experience or perceived performance meets their expectations (Castledine, 2011). A company should strive not only to achieve customer satisfaction one at a time, but also try to make a consistent creation of it. In the context of service industry, the challenge of making consistent customer satisfaction is bigger than the challenge faced by…

    • 2100 Words
    • 9 Pages
    Best Essays
  • Good Essays

     Loyal customers are a major asset for every business. It costs far more to attract a new customer than to retain an existing customer.…

    • 7041 Words
    • 30 Pages
    Good Essays
  • Powerful Essays

    Firstly, customer satisfaction may appear to be an important and crucial component in maintaining customers over a long period of time. White and Yanamandram (2007) clearly define customer satisfaction as a fulfillment of a customer’s wishes or expectations of a purchase. In other words, the customer will be satisfied when they are able to get what they want. It is likely to be one key factor in measuring customer loyalty. According to Naumann, Williams and Khan (2009), customer satisfaction might be…

    • 2712 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Xm Radio

    • 648 Words
    • 3 Pages

    1. Cell phone industry is notorious for high customer dissatisfaction. Despite the existence of service contracts, the big carriers churn roughly 24% of their customers each year. Clearly, there is very little loyalty in this market. What is the source of all of this dissatisfaction? How have the various pricing variables (contracts, pricing buckets, hidden fees, off-peak hours etc.) affected the customer experience? Why haven’t the big carriers responded more aggressively to customer dissatisfaction?…

    • 648 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Customers are considered as the key for any business survival. As the market begins to saturate, customer retention will be a key factor in determining the success of a company (Kotler, 2003). As a highly competitive market, the mobile phone company that has the largest customer base and highest customer retention rate will be a market leader in the industry (Turel and Serenko, 2006). Ultimately the quality of customer service becomes a driving force in ascertaining business survival in the mobile phone industry. As mentioned, the degradation of customer service level is highly probable. According to past researchers when customer service level is compromised there is a high possibility that business performance will be affected as well (Bontis et al, 2000; Mullins and Larreche, 2006; Woodcock et al, 2005). Bart et al. (2001) also explained that the rationalization of resources allocation and business processes such as customer service, human resource and productivity is inevitable, these problems can be resolved with proper integration and management transitions. As such, the maintenance of customer service level, when consolidation is put into practice, necessitates the need for effective customer service management (Tucker, 1994). Hence, with effective management of customer service, business performance of mobile phone companies can be improved. In the business arena, more and more organisations are able to realise the importance of having good relations with their clients. In this manner, many industries are trying to identify ways on how to promote or enhance client relationships. The customercompany relationship is based on a continuum wherein both "always-a-share" and "lost-for-good" relationships occupy the two extremes of the continuum. According to Jacobs et al (1998) in an "always-a-share" relationship, transactions are arms-length and discreet. Customers are…

    • 13339 Words
    • 54 Pages
    Powerful Essays
  • Better Essays

    Successful customer retention starts with the first contact an organization has with a customer and continues throughout the entire lifetime of a relationship. A company’s ability to attract and retain new customers, is not only related to its product or services, but strongly related to the way it services its existing customers and the reputation it creates within and across the marketplace (Donovan,2011).…

    • 1088 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    08 August, 2011. Md. Moktar Ali Associate professor Department of Marketing Faculty of Business Studies University of Dhaka Sub: Request for acceptance of the term-paper Sir, We are very pleased to be able to submit the term-paper on “Customer satisfaction of Grameenphone limited”. In developing the report, we have followed the format and instructions given by you. In every sphere of the report, we have tried our level best to make a good combination of learning from the Business statistics. We also tried to match the theoretical knowledge and the direct experience gathered during the preparation of the term-paper. In this report, we have tried to be as descriptive as possible for the convenience for the reader. Any clarification required & query needed regarding my report will be gratefully acknowledged.…

    • 6116 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Bsnl

    • 2553 Words
    • 11 Pages

    BSNL’s mainstay – its landline business from which it still derives 63 per cent of its revenue and in which it has nearly 80 per cent market share – has also been giving way over the years. Subscribers are less and less interested in fixed line phones. In 2009, the company lost as many as 1.1 million wireline subscribers. And the slide is expected to continue. Recently, the IT and communications minister, Sachin Pilot, stated that BSNL’s studies to ascertain the reasons for the mass surrender of connections would help the company assess and optimise the future growth potential.…

    • 2553 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    This is to certify that the major project titled ‘Customer Preference for Telecom Brands at Point of Purchase: A Comparative Analysis is a bonafide record of work carried out by under my guidance and supervision in partial fulfilment for the degree of Masters of Business Administration at Department of management studies, IIT-Delhi.…

    • 6968 Words
    • 28 Pages
    Powerful Essays
  • Best Essays

    Lee, J., Lee, J., Feick, F. (2001). The impact of the switching costs on the customer satisfaction-loyalty link: mobile phone service in France. Journal of Services Marketing,…

    • 3435 Words
    • 24 Pages
    Best Essays
  • Powerful Essays

    Research Marketing

    • 2803 Words
    • 12 Pages

    It is our great pleasure to put forward this report that you assigned us on “Customer satisfaction level in communication issue in Airtel.” which is one of the famous brands in Bangladesh. We have tried our best to bring about our research objective effectively. Under your supervision we have completed our respective job. In our observation we tried to find out the present situation and try to present in our report.…

    • 2803 Words
    • 12 Pages
    Powerful Essays