Escolar Documentos
Profissional Documentos
Cultura Documentos
on
CUSTOMER PERCEPTION WITH REFRENCE AT
SCHNEIDER ELECTRIC
Submitted in partial fulfillment of the requirement of the degree of
BACHELORS OF BUSINESS ADMINISTRATION
Affiliated from
H.N.B. Garhwal University, Srinagar
SUBMITTED BY:
ANKUSH CHAUHAN
MARKETING
2014--2017
DEPARTMENT OF MANAGEMENT
INSTITUTE OF TECHNOLOGY & MANAGEMENT
DEHRADUN
ACKNOWLEDGEMENT
At the very outset, I would like to acknowledge with immense gratitude the support and
guidance of some people without whom the project could not have been completed. Also
thanks to them, I learnt a lot more additional things than that just restricted to my project.
First of all I would like to thank my project guide MR .RAHUL NEGI ( ASST. Manager)
for his support and patience with me despite him being hard pressed for time.
Also I would like to thank the faculty guide of my college Mrs PARUL GOEL who guided
me in my project.
I would also like to thank to my HOD MRS Debulina hazarika, Mrs parul goel
Last but not the least I would like to thank my parents who have always showed their full
faith in me, and are the biggest source of my encouragement and guidance.
ANKUSH CHAUHAN
BBA-VI semester
MARKETING Group
2014-17
CANDIDATES DECLARATION
I hereby declare that the work for the project Report entitled CONSUMER
SATISFACTION AT SCHNEIDER ELECTRIC. is completely done by me, based on my
own work conducted in for the partial fulfillment of my Bachelors of Business
Administration.
Date-
ANKUSH CHAUHAN
( 2014-2017)
CONTENTS
Title
Training Certificate
Acknowledgement
Candidates Declaration
Preface
2.1 An Introduction
2.2 Products & services
2.3 COMPETITORS OF SCHNEIDER ELECTRIC
Chapter 4 Research Methodology
4.1 Research
4.2 objective of the study
4.3 Source of Data Collection
4.3 Data Analysis & Interpretation
4.4 Findings
4.5 Limitations
4.6 Conclusion
Chapter 5 5.1 Recommendations And Suggestions
Chapter 6 6.1 Bibliography
Chapter7 7.1 Annexure
COMPANY PROFIE
Schneider Electric is the parent company of Square D, Pelco, APC and others. As of 2016,
the company has 20,000 patents either active or in application worldwide; the company has
over 160,000 employees in approximately 100 countries worldwide.
Head office
Schneider Electric has had its head office in the Trianon site in Rueil-Malmaison, France
since 2000.[4][5] The current headquarters, also located in Rueil Malmaison and known as the
Hive, previously housed Schneider subsidiary Tlmcanique, while the parent company
occupied a site in Boulogne-Billancourt.
History
The roots of this company are in the iron, steel, and armaments factories of Schneider-
Creusot and other industrial concerns. In 2014 Schneider Electric advertised a cooperation
with German power supplier RWE. From its 19th century beginnings in steel through its 20th
and 21st century moves in electricity and energy management, Schneider Electric has grown
into a global leader in energy management and automation through ongoing innovation and
acquisition.
1836-1980: A Family Business Becomes a Major Player
1836: Brothers Adolphe and Joseph-Eugene Schneider take over an abandoned foundry in Le
Creusot, France and, two years later, create Schneider & Cie, focusing primarily on the steel
industry. Schneider & Cie grows rapidly, specializing in the production of heavy machinery
and transportation equipment, and eventually becomes the Schneider Group, a diversified
conglomerate.
1975: The Schneider Group acquires an interest in Merlin Gerin, one of the top manufacturers
of electrical distribution equipment in France.
1999: Schneider Group acquires Lexel, one of Europe's largest suppliers of installation
systems and control solutions. In May 1999, the Schneider Group is renamed Schneider
Electric to clearly identify its expertise in, and focus on, the electrical field.
At the turn of the 2000s, Schneider Electric adopts a three-pronged strategy to drive growth,
diversify risk and promote longevity:
This strategy led Schneider Electric to conduct a number of strategic acquisitions both in
mature countries and in new economies, targeting companies offering complementary
products and solutions.
Innovation At Every Level
Schneider Electric has a rich legacy of innovating safe, reliable and connected solutions that
support operational efficiency and distributed energy generation. For over 100 years, the
company has innovated in power distribution. Today, Schneider Electric is in the process of
redefining power distribution with a new portfolio of smart, connected products. The
company is harnessing the power and possibilities of the IoT revolution, "from the shop floor
to the top floor," and innovating at every level of the enterprise:
Connectivity
Many of the company's gains and advances in efficiencies are driven by the convergence of
Operational Technology (OT) and Information Technology (IT). Schneider Electric brings
together energy, automation, and software and analytics to make the energy and automation
value chain more intelligent, more predictable, more efficient, more reliable, and safer.
These emerging IoT-based capabilities are also driving improvements across an array of
strategic initiatives, including the smart home, smart city, smart manufacturing and smart
grid, in which Schneider Electric is active.
Operations
Business organization and markets
To drive efficiency and sustainability for its customers, Schneider Electric structures its
business into four areas:
Buildings & Partner: #1 worldwide in low voltage and building automation
Answering the world's energy and automation needs, Schneider Electric primarily targets the
following four energy-intensive end markets:
Building (45%)
Industry (21%)
Infrastructure (20%)
Within these core markets, the company has established a deep presence and expertise in the
following industries:
Oil and Gas: 20 of the top oil and gas companies in the world use Schneider Electric
technology.
Mining: 9 of the 10 largest mining, metals and minerals companies work with
Schneider Electric.
Food & Beverage: 11 of the top brands in Food & Beverage are Schneider Electric
customers.
Machine Builders: 8 of the top 10 packaging machine builders are Schneider Electric
customers.
Water & Wastewater: Over 100 water and wastewater plants run on Schneider
Electric technology.
Electric Utilities: 10 of the world's top electric utilities rely on Schneider Electric.
Since 2005, the company has authored an annual Planet & Society Barometer, whereby it
publicly reports its sustainability metrics in a methodical and transparent way. This scorecard
highlights three-year commitments to specific objectives that advance planet, profit, and
people.
The company incorporates six pillars into its philosophy and strategic approach to
sustainability and environmental responsibility:
Corporate responsibility
Schneider Electric leads by example. The company has won dozens of awards for its
corporate citizenship and is routinely lauded for its high ethical standards, commitment to
sustainability, and fight for gender equality. For example, Schneider Electric recently won the
following awards:
Corporate Knights 2016, ranked 12th most sustainable company of the "Global 100
Most Sustainable Corporations in the World"
Ethisphere's 2016 "One of the World's Most Ethical Companies" for the sixth
consecutive year
United Nations Women and Global Compact 2015 "CEO Leadership Award" as a
Champion for Gender Equality
Ranked most sustainable company of the CAC 40 for the second consecutive year by
Enjeux Les Echos and Institut RSE
INTRODUCTION TO THE STUDY
As Customer Satisfaction is the key principle in every organization. Today consumer is
looking out for value for money. The challenge before the marketers is to identify what value
would appeal and convince the customer. Marketers are trying to enhance the concepts of
value through unique delivery methods. Customer satisfaction is a continuous process which
does not begin or end with a purchase. It covers the entire ownership experience from
selecting a product, to purchase, through aftercare to repeat purchase. Customer satisfaction
or dissatisfaction is the feeling derived by the customer when he compares the products actual
performance with the performance that he expects of it. Customers form their expectations on
the basis of past buying experiences, advice of their reference group and the promises of the
marketers and their competitors.
When the product performance matches the expected performance, the customer experiences
satisfaction; when it falls short of the expectation, he experiences dissatisfaction. And when
the performance exceeds expectations, the customer is highly satisfied or delighted. It
becomes easier for a company to serve a delighted customer. As a delighted customer may
become loyal, bringing more business to the firm, he will be less likely to switch to a
competitors product; and so, he becomes brand loyal.
Customer satisfaction can be measured using different techniques like questionnaires and
direct interviews. A customer feedback program should be viewed as an operating tool rather
than as market research.
Customer satisfaction means giving the customers what they really want, when they want it
and the way they want it. It involves understanding customer expectations and meeting them
fully.
It can be defined as an outcome of purchase and use resulting from the buyers comparison
of rewards and the costs of the purchase in relation to the anticipated consequences.
Customer is an individual or an organization. Their requirements are very similar.
Conformance of services to their requirements and its performance in actual stage
Competitive prices
Service
Determine the customers expectations when they plan listen to the customer as they
design.
Focus on the delivery of customer service activities value customer feedback when
they measure performance.
Why is it important?
There are a number of reasons why customer satisfaction is important in Banking Sector:
Meeting the needs of the customer is the underlying rationale for the existence
of community service organizations. Customers have a right to quality
services that deliver outcomes.
Organizations that strive beyond minimum standards and exceed the
expectations of their customers are likely to be leaders in their sector.
Customers are recognized as key partners in shaping service development and
assessing quality of service delivery.
The process for measuring customer satisfaction and obtaining feedback on organizational
performance are valuable tools for quality and continuous service improvement.
Active CRM: A centralized database for storing data, which can be used to automate
business processes and common tasks.
Operational CRM: The automation or support of customer processes involving sales
or service representatives.
Collaborative CRM: Direct communication with customers not involving sales or
service representatives (self service).
Analytical CRM: The analysis of customer data for a broad range of purposes.
Operational CRM:
Operational CRM provides support to front office business processes, including
sales, marketing and service. Each interaction with a customer is generally added to a
customers contact history, and staff can retrieve information on customers from the database
as necessary. Focus on customers value is key to a successful CRM strategy. Different
customers have to be treated differently. Variables like customers ranking, actual value and
potential value are strategy drivers.
Collaborative CRM:
Collaborative CRM covers the direct interaction with customers. This can include a
variety of channels, such as internet, email, or automated phone answering system. It can
generally be equated with self service. The objectives of Collaborative CRM can be broad,
including cost reduction and service improvements. Driven by authors from the
HarvardBusinessSchool collaborative CRM seems to be the new paradigm to succeed the
leading efficient Consumer Response and Category management concept in the industry/trade
relationship. Many organizations are searching for new ways to use customer intimacy to
gain and retain a competitive advantage. Collaborative CRM provides a comprehensive view
of the customer, with various department pooling customer data from different sales and
communication channels.
Analytical CRM
Analytical CRM analyzes customer data for a variety of purposes, including : design
and execution of targeted marketing campaigns to optimize marketing effectiveness design
and execution of specific customer campaigns, including customer acquisition, cross-selling,
up-selling, retention analysis of customer behavior to aid product and service decision
making ( eg pricing, new product development, etc) management decisions, e.g. financial
forecasting and customer profitability analysis risk assessment and fraud detular for credit
card transactions.
Strategy
Several commercial CRM software packages are available which vary in their approach to
CRM. However, CRM is not just a technology, but rather a holistic approach to an
organizations philosophy in dealing with its customers. This includes policies and processes,
front-of house customer service, employee training, marketing , systems and information
management . CRM therefore also needs to consider broader organizational requirements. A
companys CRM strategy is dependent on both the companys situation and the needs and
expectations of its customers.
Technology considerations
The technology requirements of a CRM strategy are very complex and far reaching.
The basic building blocks include: A database to store customer information. This can be a
CRM specific database or an enterprise data warehouse. Operational CRM requires customer
agent support software. Collaborative CRM requires customer interaction systems, eg an
interactive website, automated phone systems etc. Analytical CRM requires statistical
analysis softwarE, as well as software that manages any specific marketing campaigns.
Support CRM systems require interactive chat software to provide live help and support to
web site.
Successes:-
While there are numerous reports of failed implementations of various types of
CRM projects, these are often the result of unrealistic high expectations and exaggerated
claims by CRM vendors.
The Goal
The primary CRM focus areas support the requirement of the customer-facing
processes of a business: Marketing Automation applications give marketers the ability to
create, plan and execute their campaigns to a targeted audience. By using CRM, marketers
can also access the necessary business intelligence to better understand which campaigns are
working and which customers to target with a specific offer. This type of information reduces
wasted time and money on sending out the wrong promotion to the wrong customer. Sales
force Automation or SFA helps sales people track leads and opportunities for forecasting and
to optimize their sales across all sales channels. SFA also helps reps target whom to call on,
what to sell, and to understand how their customers prefer to buy their goods or services.
Customer service applications enables reps to resolve service issues throughout multiple
channels, whether it be through the web, a call center, fax or field service rep.
Customer Service application and InteractionCenter applications enable customers to
solve their own problems on a self-service model for efficient problem resolution. CRM
provides employees with the business intelligence and processes necessary to better
understand customers needs and effectively build relationship between its customer base and
its partners. CRM also links its customers, employees and suppliers over the Web, the phone,
fax, in person and through partners. Companies can then improve relationships with
customers, add value, reduce costs and improve efficiencies in their business processes.
ROLE OF CUSTOMER SATISFACTION
Information:
The primary intention for customer satisfaction is to collect information regarding either
what customers report needs to be changed ( in a product , service , or delivery system ) or to
assess how well an organization is currently delivering on its understanding of these needs.
This is an informational role. As such, marketing research and psychological measurement
have much relevance.
Communication:
The very act of surveying customers conveys a very positive message; the organization
is interested in its customers well-being, needs, pleasures, and displeasures. While this is
admittedly a marketing message , there is nothing wrong in allowing a survey to serve both
the informational and communication roles.
Thus the image of the organization in the customers mind regarding its offerings
becomes the reality related to its products and services offered.
INFORMATION COMMUNICATION
HOW TO ACHIEVE CUSTOMER SATISFACTION
IMAGE
It is not possible to achieve 100% customer satisfaction ever. Reason being simple that every
time the organization tries to meet the customers expectation, the level of expectation
increases next time thus there is always some gap between the two. The organization can at
least try to always keep on meeting or staying close to customer expectations so that the gap
between the service expected and actually delivered doesnt increases leading to
dissatisfaction.
Its the responsibility of the management to take the initiative and measure the customer
satisfaction but it is the responsibility of the whole organization to manage and improve.
A nave
view
of
business might suggest that profit is the appropriate goal of an organization, which is a very
shortsighted view. From a practical viewpoint, the primary goal of an organization has to be
customer retention. Only with a steady base of customers can an organization hope to make a
profit. And only by first satisfying customers can a business ever hope to retain its current
customers.
In the next step, the company contacts its prospective customers through personal interaction,
checks out their financial condition, etc., and identifies the customers as either hot, warm or
cold prospects. The sales personnel contact the hot and warm prospects (usually) and try to
convert them into accounts by making presentations to them, answering queries and
negotiating the deal.
Cost of Losing a Customer
Attracting customers is of no use unless you know the art of keeping them. Customers can be
retained only if the products meet their expectations. If they are satisfied with the
performance of the products, they may talk about them to others. On the other hand, if they
are dissatisfied, they may stop using the products and talk negatively to others about them. As
word-of- mouth is the strongest medium for communicating with potential customers, it
might cost a company heavily if there is negative talk about the company or its product. As a
result, the company can suffer from customer attrition. Therefore, it must pay close attention
to the defection rate i.e. the rate at which they lose customers.
To reduce the customer defection rate, a company must
a. Define and measure the retention rate.
b. Identify the causes for attrition.
c. Estimate the amount of profit lost by losing the customer. In case of an individual
customer, it is the life time value of the customer, i.e. the present value of the profit
stream the customer would have generated had he not defected prematurely.
d. Figure out the cost of retaining a customer. If the future profit is more than the cost of
retention, the company should make efforts to retain the customer.
e. Listen to the customer as it helps in retaining and overcoming attrition problems.
Therefore, companies must develop the habit of understanding their customer needs and
wants and measure their satisfaction levels regularly through various means such as calling
up the recent buyers and inquiring about the products performance. They should not ignore
customer grievances because loyal customers account for a substantial share of a customers
profit. Similarly, customer suggestions should not be ignored because they use the product
and are in a better position to comment on the performance of the product. 3M is one
company which keeps its ears open to all suggestions made by customers. Customer
satisfaction also helps the company overcome the switching attitude of customers and makes
it harder the competitors to wean away customers.
Structural Ties
In order to attract new customers and retain old ones, companies indulge in supplying special
equipment or computer linkages that help the customers manage their tasks such as inventory,
payroll, order entry process, etc., better.
The ultimate goal of any organization should be to position itself as a better product and
service offering organization through continuous measurement and management of customer
satisfaction.
Best can be always made better.
RESEARCH METHODOLOGY
Research is a careful investigation or inquiry especially through search for new facts in
branch of knowledge: market research specifies the information. Required to address these
issues: designs the method for collecting information: manage and implements the data
collection process analyses the results and communicates the finding and their implications.
Research problem is the one which requires a researcher to find out the best solution for the
given problem that is to find out the course of action, the objectives can be obtained
optimally in the context of a given environment.
RESEARCH DESIGN
A framework or blueprint for conducting the research project, it specifies the details of the
procedures necessary for obtaining the information needed to structure and/or solve research
problems. A good research design lays the foundation for conducting the project. A good
research design will ensure that the research project is conducted effectively and efficiently.
Typically, a research design involves the following components, or tasks:
1. Primary Data: The primary data was collected to measure the sales promotion and their
perception regarding Schneider Electrics. The primary data was collected by means of
questionnaire and analysis was done on the basis of response received from the customers.
The questionnaire has been designed in such a manner that the sales promotion level can be
measured and consumer can enter his responses easily.
2. Secondary Data: The purpose of collecting secondary data was to achieve the objective of
studying the recent trends and developments taking place in electrical.
To know the customer satisfaction level and their perception regarding Schneider
Electrics.
To know the preference of customer regarding the extra product & services.
Interpretation:
From the above graph it is clear that majority of the respondents are part of Schneider from
last two years i.e. 54%; 30% of the respondents are part of Schneider from the last year; 1%
respondents from 6 months and remaining 15% respondents are part of Schneider for less
than a year
2. What are reasons that attract you to be a customer of the schneider?
PRODUCT ATTRACTION
No. of Respondents %age of Respondents
50
40
30
20
10
0
Image Extra Services Services All of above
Interpretation:
From the above graph it is clear that majority of the respondents i.e. 45% are become part of
Schneider Bank because of its services; 25% because of its image; 25% because of its extra
services and rest because of all the three factors.
100 100%
Total
9 9%
No
91 91%
Yes
Interpretation:
From the above graph it is clear that majority of the respondents are aware of products and
services offered by Schneider i.e. 91% and 9% respondents are not aware of product offered
by Schneider.
Partic Respon
ular dents
Yes 92
No 8
80
60
40
20
0
Yes No
Respondents 92 8
Interpretation:
This gives a really helpful data for checking the effect of sales promotions in the
market and how seriously consumers follow the promotions before they go for purchase
particular brand.
The above result shows that only 8 out 0f 100 didnt go for the promotion otherwise
all are looking for any type of the promotions on the product.
PRODUCT USAGE
Interpretation:
From the above graph it is clear that majority of the respondents are using saving Rack.
65%.58% are using pdus, 40% UPS, 3% CORD, 20% credit Solar, 10% automation and 47%
are aware of BMS.
Loans 19 19%
Credit cards 4 4%
Demat a/c0%
0
Interpretation:
From the above graph it is clear that majority of the respondents are interested inrack i.e.
24%, 20% are interested in PDU, 40% UPS, 23% PWR CRD, 19% in SOLAR,4% in
AUTOMATION and nobody is interested in BMS.
PRODUCT
Loans
Mutual funds
Credit cards
%age of Respondents
Demat a/c
Current a/c
Fixed deposits
Saving a/c
Interpretation:
From the above graph it is clear that 25% of the respondent rate racks, the best product. 40%
said pdu are best. 10% said current ups.10% said about mutual pwr cord.5% said about
solar.10% said about automation and no one rate bms.
69% 41%
%age of Respondents
Interpretation:
From the above graph it is clear that 69% of the respondents are known about the innovative
product and the rest is unknown about it.
9. Which of the following Extra service of the schneider would you like to go in for?
Non of these
Bill payment
Net banking
ATM
Phone banking
0 10 20 30 40 50 60
No. of Respondents
Interpretation:
From the above graph it is clear that 5% of the respondents would like to go for rack, 60% for
pdu, 10% for UPS, 10% for pwr. cord, 5% dont want any innovative product and 10% want
all these services.
Average ; 20%
Good ; 80%
Interpretation:
From the above graph it is clear that 80% of the respondents found the product of Schneider
good, 20% found it average and nobody found it poor
11. Are you satisfied with the dealing of the Company officials?
5%
5%
90%
Interpretation:
From the above graph it is clear that 90% of the respondents are satisfied with the dealing of
the company officials, 5 % are not fully satisfied and 5% are dissatisfied.
Infrastructure 10%
Timeliness 78%
Interpretation:
From the above graph it is clear that 78% of the respondent facing the problem of timeliness,
12% customer relationship and 10% of infrastructure.
Somewhat likely
Somewhat unlikely
Very unlikely
0 10 20 30 40
Interpretation:
From the above graph it is clear that 8% of the respondents are unlikely to recommend the
products of schneider to their friends and colleagues, 30% said somewhat unlikely, 17%
said neither likely nor unlikely, 35% said somewhat likely nor 10% said very likely.
14. How will you rate the schneider in maintaining good customer relationship?
75 15 10
Interpretation:
From the above graph it is clear that 75% of the respondents said Schneider is good in
maintaining customer relationship, 15% said it is average and rest 10said it is poor in the
maintenance.
Interpretation:
From the above graph it is clear that 48% of the respondents are very satisfied with the bank,
20% are somewhat satisfied, 21% are neither satisfied nor dissatisfied, 9% are somewhat
dissatisfied and 2% are very much dissatisfied with the company.
The majority of the customers found Product of the Schneider are good.
Majority of the respondents are found the company is good in maintaining the good
customer relationship.
Main factor that attract customers towards company is the product of the Schneider
Electrics.
Products that are most used by the customer are saving rack , pdu, pwr cord .
The majority of customers are more interested in Automation, BMS and Solar energy.
SUGGESTIONS
AND
RECOMMENDATIONS
More stress should give on the advertisement and promotional activities.
The company should enhance their product according to the needs of the customer.
The company makes its procedures less time consuming for transportation.
The company should make effort to aware the customers about their all the extra
products.
It is said, Nothing is perfect and if the quite is true, I am sure that there would be few
shortcoming in this project also. Sincere efforts have been made to eliminate discrepancies as
far as possible but few would have reminded due to limitations of the study. These are:
The research was carried out in a short period.
The information given by the respondent might be biased some of them might not be
interested to given correct information.
BIBLIOGRAPHY
http://www.schneider-electric.co.in/en/
https://en.wikipedia.org/wiki/Schneider_Electric
company product book
company book
QUESTIONNAIRE
Address _____________________________________________________
2. What are reasons that attract you to be a customer of the Schneider electrics ?
a its image ( )
b its service ( )
c products ( )
Yes ( )
No ( )
b) UPS Yes/No
h) Solar Yes/No
b) UPS Yes/No
h) Solar Yes/No
b) UPS Yes/No
h) Solar Yes/No
7. Which services of the Schneider Electric would you rate the best?
b) UPS Yes/No
c) Switches sockets and boxes Yes/No
h) Solar Yes/No
8. Do you know about the extra Product & Services being provided by the
company?
a) Yes ( )
b) No ( )
9. Which of the following extra Products of the Electrics would you like to go in
for?
d)Outdoor Equipment ( )
e) MV Circuit Breakers ( )
f) home control ( )
g) All of these ( )
10. What is your perception regarding the Products of the Schneider Electrics?
a) Good ( )
b) Average ( )
c) Poor ( )
d) best ( )
a) Yes ( )
b) No ( )
c) To some extent ( )