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In the past companies concentrated on excellence and quality as the means to success. More emphasis was laid on product driven expansion. But from the onset of the 1990s, an increasing number of companies have acknowledged the importance of being customer oriented and customer driven in their offering s. in the recent past, in the light of vast global, technological, economic and social challenges facing todays companies, they have realized the importance of knowing the customers needs, wants, habits and attitudes in order to succeed. Further, with the steady growth of consumerism in society, the need for customer satisfaction has gradually become the top priority of companies.
Relatively recently speculation about possible effects of radio waves on human health have been made. At Nokia we are sensitive to concerns about mobile communications safety issues, and have committed resources not only to sponsor ongoing research programs, but also to provide customers with good quality information on the subject.
So customer focus and customer satisfaction has become the driving force for companies striving for survival and growth in the 21st century. Keeping in this view its importance, the present study entitled A study on customer satisfaction with reference to Nokia Priority dealer, Vijayawada has been taken up.
This includes how a customer gets attracted towards the brands and what makes a brand highly significant over their competitive brand. The study includes how brand awareness among potential customers can be maintained and improves.
The project has been done in Vijayawada city only. How people are influenced by the brand and what made them aware of the brand. After the survey was done the data was analyzed and also relevant suggesting was made in order to improve its brand awareness towards Nokia.
ORGANIZATIONAL PROFILE
Overview of the Nokia Company
Follow the story of Nokia - a century and a half of innovation, from a riverside paper mill in southwestern Finland to a global telecommunications leader.
From roots in paper, rubber, and cables, in just over 100 years Nokia becomes a powerful industrial conglomerate...
The newly formed Nokia Corporation is ideally positioned for a pioneering role in the early evolution of mobile communications...
As mobile phone use booms, Nokia makes the sector its core business. By the turn of the century, the company is the world leader...
Nokia sells its billionth mobile phone as the third generation of mobile technology emerges...
How it all began Nokia started by making paper the original communications technology. The history of Nokia goes back to 1865. That was when Fredrik Idestam built a wood pulp mill on the banks of the Tammerkoski rapids, in southern Finland. A few years later, he built a second mill by the Nokianvirta river the place that gave Nokia its name. A mining engineer by trade, Idestam brought a new, cheaper paper manufacturing process to Finland from Germany. It was a great success. Idestams invention won a bronze medal at the Paris World Exposition in 1867, and he is considered to be the father of Finlands paper industry. Idestam named his company Nokia Ab in 1871. Nokia Ab
added electricity
Nokia today:World leader Today, Nokia is still the worlds number one manufacturer of mobile phones, and one of the leading makers of mobile networks.
A new President
In 2006, Olli-Pike Kallasvuo, formerly Nokias Chief Financial Officer, took over as CEO from Jorma Ollila, who became chairman of Nokias Board of Directors.
Nokias future:-
As mobile usage grows in the worlds emerging markets, Nokia will continue to develop affordable mobile devices that can contribute to increased economic growth and quality of life. At the same time, mobile communications is converging with computing, digital imaging and the internet, making it possible for people to use handheld devices for filming video, listening to music, playing games, surfing the web and more. Nokia is shaping this converging industry, pushing it forward with cutting-edge products and the development of open standards. Nokias success story is built on constant innovation. Our very human technology is all about enhancing communication and exploring new ways to exchange information. Thats why Nokia will never stop finding new ways of connecting people.
The key focus areas of Nokias environmental strategy are to drive the use of safe substances and materials in its products, improve the energy efficiency of its products and in its operations, and to create effective takeback and recycling programs. At the heart of substance management at Nokia is the Nokia Substance List (NSL). This identifies substances that Nokia has banned, restricted, or
targeted for reduction with the aim of phasing out their use in its products. Nokia works with its suppliers to investigate alternative materials and solutions and to help eliminate restricted or monitored substances from its total product line. Energy efficiency is an important area for continuous performance improvement at Nokia. Focusing on its products and services, operations, offices, and work and management practices, Nokias climate strategy covers all relevant areas focusing on the reduction of its CO2 emissions. Effective end-of-life practices close the lifecycle loop, returning energy and materials back into circulation. Nokias approach to take-back and recycling is to offer easy access to collection points for the return of used mobile devices and accessories. Nokia looks for ways to optimize the recyclability of mobile devices from the initial design phase in order to ensure the possibility of extracting valuable materials for re-use and recycling in a safe and efficient manner.
In June 2006, Nokia and Siemens announced their intention to merge the Networks business group of Nokia with the carrier-related operations of Siemens into a new company, to be called Nokia Siemens Networks. Nokia and Nokia Siemens Networks will align their activities and work in close cooperation regarding environmental issues.
Customer satisfaction stems not only from our products but also from how effectively we interact with our community. As Nokia becomes more and more of a global entity, our obligations in terms of how we satisfy our stakeholders grow. Our corporate responsibility programming reflects an increasing interest (both internally and externally) in the impact our business actions have on communities from societal, environmental, and economic perspectives. We both acknowledge and understand that our responsibilities go beyond simply providing quality communication products. As a market leader, the best contribution we can make to the global community is to conduct our business in a responsible way. This belief drives our commitment to creating ethically sound policies and principles that guide us in our work. Our Corporate Responsibility (CR) agenda is framed around the Nokia Values and is carried out in all aspects of our work to ensure customer satisfaction and respect, and also to assist us in embracing renewal and striving for achievement. Our values are put into action with the help of the Nokia Code of Conduct, which aims to reach beyond legal compliance or reactionary positioning by taking a leading role in the various areas where society is affected by the mobile communication business.
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This translates into further action as we integrate CR ideas and work practices throughout our various business channels. By striving to include all members of Nokias community in this process, we are demonstrating our overall commitment to the belief that responsibility is everybodys business.
Transparency
Consistent communication with respect to our CR efforts, both internally and externally, builds trust and helps to develop our reputation. We understand how important it is to communicate clearly and accurately to the outside world the ways in which our business affects society. There is an increasing demand from our stakeholders for this information which we
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accommodate through our reporting, corporate website, and other external information sources.
Driving internal efficiency:What works externally also has benefits within the company. While it is sometimes challenging to quantify cause and effect, we have seen that: waste management programs reduce manufacturing costs diversity training enhances project management eco-efficiency measures reduce costs volunteering increases employee satisfaction
New growth markets:Nokia Company has been working closely with the UNICT task force and a range of industry, government, and non-governmental organizations on the theme of universal access. The number of new mobile phone users in high-growth markets is growing dramatically and we aim to play a leading role in boosting this growth. As a market leader, we estimate that there will be available and affordable mobile communications for half the world's population by 2015.
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Responsible business practices improve risk management and ease the task of establishing legal compliance. Through engagement with governments and authorities we can avoid legislation that is counterproductive for society or anti-competitive. Nokias supply-chain management reduces risks to the categories of quality and productivity. Nokias quick and effective management of conflicts of interest encourages employee satisfaction and protect our brand image.
CR enriches our brand reputation:Nokias behavior towards and relationship with society is part of our brand personality. CR has a significant impact on our brand reputation and the value which our stakeholders place on it. Nokias brand responsibility means building positive value into every stage of the customer experience, developing more sustainable products and services, and effectively communicating such developments to our customers. Consumers increasingly demand 'higher order' image attributes from a brand and in doing so look towards a companys CR track record. The public increasingly expects more transparency about the way a
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business operates within society, seeking a demonstration of its good corporate citizenship. Expectations go beyond simply meeting legal requirements, but to creating a more caring business order. Nokias innovative use of technology, with a focus on improving peoples lives, raises the brand promise of "very human technology" to a new level. Nokias various community activities help people feel close to each other and to their communities. Nokias future success depends on delivering great experiences to our customers by creating products and solutions that work seamlessly and are appealing. Nokias strategy contains the core elements required to accomplish this, and is optimized for tapping into the mobile industrys global growth potential as it unfolds. .
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ORGANIZATIONAL STRUCTURE
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Corporate functions (support Nokia's businesses with company-wide strategies and services). Nokia Siemens Networks, which started operations on April 1, 2007, combines Nokias networks business and Siemens carrier-related operations for fixed and mobile networks into a company owned approximately 50% by each of Nokia and Siemens, and consolidated by Nokia.
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Lorvins cell world dealers the sale of product to reach the second highest place in three district i.e. v ijayawada, Viz, Visakhapatnam. In 2006 Jan highest product sales 550 to 600, first place dealers every month Avg sales 600 to 650. This showroom is monthly Avg sales 550 to 600. 2006 year no. of customer buy the mobiles 5,500 minimum, monthly turnover 13 lakhs to 16n lakhs. The highest annual turnover in 2006, 1.6 crores to 1,7 crores . Nokia companys dealers in A.P. 100 out let showrooms, in Vijayawada, Srikakulam district only one i.e. , Lorvins cell world. Under this five distributors different locations/areas like Vijayawada, Hyderabad, Khammam, Rajahmundry, Vizianagram. The highest distributor center in Hyderabad.
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CUSTOMER SATISFACTION
CUSTOMER VALUE
Nokias premise is that customer will buy from the firm that they perceive offers the highest customer delivered value. Customer delivered value is the difference between total customer value and total customer cost. Total customer value is the bundle of benefits customers expect from a given product or service. Total customer cost is the bundle of costs customer expect to incur in evaluating, obtaining, using, and disposing of product or service. An example will help here. Suppose the buyer for a large construction company to buy a tractor. He will buy it from caterpillar or komatsu. The competing sales people carefully describe their respective offers to the buyer. The buyer has a particular application in mind. He wants to use the tractor in residential construction work. He would like the tractor to deliver certain levels of reliability, durability, performance, and resale value. He evaluates the two tractors and decides that caterpillar has a higher product value based on perceived reliability, durability, performance, and resale value. He also perceives differences in the accompanying services delivery, training, and maintenance and
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decides that Caterpillar provides better service. He also perceives Caterpillars personnel to more knowledgeable and responsive. Finally, he places higher value on Caterpillars corporate image. He adds all the values from these four sources product, services, personnel and image and perceives Caterpillar as offering more total customer value.
CUSTOMER SATISFACTION
Whether the buyer is satisfied after purchase depends on the offers performance in relation to the buyers expectations. In general: Satisfaction is a persons feelings of pleasure or disappointment resulting from comparing a products perceived performance (or out come) in relation to his her expectations. As this definition makes clear, satisfaction is a function of perceived performance and expectations. If the performance falls short of expectations, the customer is dissatisfied. If the performance matches the expectations, the customer as satisfied. If the performance exceeds expectations, the customer is highly satisfied or delighted. Many companies are aiming for high satisfaction because customers who are just satisfied still find it easy to switch when a better offer comes
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along. Those who are highly satisfied are much less ready to switch. High satisfaction or delight creates an emotional bond with the brand, not just a rational preference. The result is high customer loyalty. Xeroxs senior management believes that a very satisfied or delighted customer is worth 10 times as much to the company as a satisfied customer. A very satisfied customer is likely to stay with Xerox many more years and buy more than a satisfied customer will. How do buyers from their expectations? From past buying experience, friends and associates advice, and marketers and competitors information and promises. If marketers raise expectations too high, the buyer is likely to be disappointed. For example, Holiday inn ran a campaign a few years ago called No surprises. Yet hotel guests still encountered a host of problems, and Holiday inn had to withdraw the camping However, if the company sets expectations too low, it wont attract enough buyers (although it will satisfy those who do buy). Some of todays must successful companies are raising expectations and delivering performance to match. These companies aiming for TCS-total customer satisfaction. Xerox, for example, guarantees total satisfaction and will replace at its expense any dissatisfied customers equipment with in a period of three years after purchase. Cigna advertises well never be 100% satisfied until you ate, too. And one of Hondas ads says. One reason our customers are so satisfied is that we arent. Nissan
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invites potential infinite buyers to drop in for a guest drive (not a test drive), because the Japanese word for customer is honored guest.
ATTRACTING CUSTOMER
Companies seeking to grow their profits and sales have to spend considerable time and resources searching for new customers. Customer acquisition requires substantial skills in lead generation, lead
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qualifications, and account conversion. To generate leads, the company develops ads and places them in media that will reach new prospects; its seconds direct mail makes phone calls to possible new prospects ; its sales people participate in trade shows where they might find new ideas; and so on. All this activities produces a list of suspects. The next task is to qualify which of the suspect are really good prospects and this is done by interviewing them, checking on their financial standing, and so on. The prospects may be graded as hot, warm, and cool. The sales people first contact a the hot prospects and work on account conversion which involves making presentations, answering objections and negotiating final terms. THE NEED FOR CUSTOMER RETENTION Unfortunately, most marketing theory and practice center on the art of attracting new customers rather than on retaining existing ones. The emphasis traditionally has been on making sales rather than building relationships; on pre-selling and selling rather than caring for the customer afterward. Some companies, however, have always carried passionately about customer loyalty and retention.
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Know exactly how much their improved retention of customers is worth to them in dollars. The company has constructed a model that can be use to calculate how much more each dealership could earn by achieving higher level of repurchase and service loyalty. One Lexus automobile executive told the author: Our companys aim goes beyond satisfying the customers. Our aim is to delight the customer. The key to customer retention is customers satisfaction. A highly satisfied customer: Stays loyal longer Buys more as the company introduces new products and upgrades existing products. Talks favorably about the company and its products Pays less attention to competing brands and sensitive to price Offers products or service ideas to the company Costs less to serve than new customers because transactions are reutilized. advertising and is less
At Nokia, creating customer satisfaction is the basis of all our strategies and actions. Customers and end-users are the most important people for Nokia, and its commitment to them is reflected not only in the quality of
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its products, but also its approach to the various environmental, social, and ethical issues which affect consumers. Nokia recognizes that it has a duty of care to all of its customers and other stakeholders. This duty of care involves an awareness of environmental and ethical issues, both during the design and production phases of our products, and also in terms of creating services to assist and inform customers about products and how to use them safely and effectively.
Nokia continually strives to create a business culture in which work practices not only meet existing standards of practice but go beyond, driving best practices on a global level. For this to happen, sound environmental and ethical principals need to be incorporated into all areas of our work. Nokia then extends these principles throughout the supplier net
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Chart no 4.1
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Series2 Series1
1. Prioritay dealer
3. Internet places
5. Others
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Interested features
s.no 1 2 3 4 5 Future of nokia mobile Percentage of customers like futures Size 20 Color 30 Mp3and FMsongs 10 Camera & video 20 All 20 Table No.4.5
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Interested features
INTERESTED FEATURES
NO.OF.CUSTOMERS 35 30 25 20 15 10 5
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iz e lo r C o S F
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p 3 a
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NO.OF.FUTURES
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.BSNL 34%
Chart no 4.8
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10 th Be low
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30 25 20 customers 15 10 5 0
4. employees, 30
Series1
students
3. business occupation
Chart no 4.14
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SUMMARY
Chapter 1 is the introduction while includes the introduction and significance of communication system and customer loyalty. Here it includes the scope of the study, methodology and limitations of the study. Chapter-2 is the information related to the Nokia companys total organization profile. Here it includes the growth and development of Nokia mobile company especially in the Indian market. Here it also includes the information relating to the Nokia priority dealers where this project has done. Chapter-3 is the information relates to the customer satisfaction and in the communication patterns how the customers has to be satisfied completely and also how the Nokia company is taking the measures to satisfy the customers.
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Chapter-4 is relates to the analysis and interpretation of the data which is carried out as primary data conducting as customers survey through questionnaire and so as the sample size is taken in all the parameters what kind of customers and in what percent are interest in the particulars futures of the mobile. Chapter-5 includes the summary and finding in the organization and this project study and suggestions are given to overcome serve of the limitations and finding the conclusions are there.
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FINDINGS
1. It is observed that in the Lorvins Nokia Priority Dealers, V ijayawada total supervision is centralized by the Managing Director and every time it is difficult to him to control all. 2. In the absence of Managing Director nobody is taking the initiation to successful receiving of the organization. 3. Environment which is there in the organization is most of the satisfying the customers.
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SUGGESTIONS
1. Nokia Company has to concentrate on the models of low price and to add some simple and necessary features to those models. 2. Company must concentrate for the promotional activities and the executives of the company have to meet the customers directly. 3. In the abuse of the Managing Director must give the instructions to the next level of employees to receive the customer in proper manner. 4. Good environment must be created where noise less and dust less system must be there and it may not disturb the users.
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CONCLUSION
In the study I try to evaluate A study of customer satisfaction of Nokia priority dealers, lorvins cell world . I issued two approaches in this study. They are : Observing recording and critical examination of the exist in customer satisfaction. Sampling of customer suggestions The observed customer satisfaction are found to be satisfactory in lorvins cell world . The organization times to improve the customers satisfaction. The nokia product position and proportion is good.
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Bibilogra phy
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Bibilography
Marketing Management Himalaya Publishing House Marketing Management Prentice-hall of India Limited,1999. New Delhi.
3.C.R Kotari
Research Methodology.
Websites www,mouthshut .com www.market management .in.com www. Nokia India.co.in www.nokia asian .com
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Thank you
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