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     M.NAUMAN CHATTHA    ROLL# 74

     SAMI ULLAH WARICH    ROLL# 62

     MAZHAR ABBAS        ROLL# 84
Approaches to Measure the Customer Satisfaction Attributes


       FIRST APPROACH
           QUADRANT ANALYSIS
            –   Which plots satisfaction levels against importance levels for
                satisfaction attributes.



       ANOTHER APPROACH
        Is to develop indexes that combine importance and satisfaction levels.
HOW IMPORTANCE IS MEASURED?

    In these studies we measure
     importance in two ways.

    1)    Deriving ratings statistically

    3)    Administrating a comprehensive survey at that
          measures importance on every attribute called “self
          explicated”.
One important finding is that
statistically derived measures and
stated importance measures don’t
appear to be much different in
predicting satisfaction.
Inclusion of importance
information doesn’t always
improve the ability to explain
satisfaction.
More sophisticated, non-linear
approach to combining
satisfaction measures and
importance can result in a model
with a greater ability to explain
satisfaction.
TWO STEPS OF DEVELOPING A LOYALTY


   The first step to developing a loyalty
    program is to research the customer
    database and target key customers for the
    program.
   Another helpful research technique is to
    examine customers’ expectation for the
    program compared to what the program
    actually offered them.
   Make the loyalty program Part of your long-
    term business strategy.

   Clearly communicate the benefits and
    features of the program.

   Company opportunity to build a relationship
    with customers.
    – Values your customers
       • It is important for companies to listen to their customers
         concerns and resolve problems promptly so that they
         can further enhance the relationship.
   Be selective when considering with other
    companies to partner with for a loyalty
    program.
    – Company should analyze their image in the
      market, as well as the prospective partner
      company’s image.
   The analysis suggested a new
    hypothesis about customer retention
    –   Several factors, beyond satisfaction, that derives
        retention. These includes:
        •   Past Behavior
        •   Attitudes about purchasing, such as openness to
            new service
        •   Perceptions about the loss or gain of the
            switching brands
        •   Demographics
   Customers can be classified by where they
    fall on each of the two characteristics
    – The satisfaction and mobility scales have a great
      deal of independence, meaning that a person who
      is “highly satisfied” can be “highly mobile” or
      “static”.
How segmentation research can be
used:
   Understand behavior
    – Many companies experience a low rate of customer
      retention. In order to identify ways of keeping customers,
      one marketer asked why his customers were switching to
      the competition.
   Determine service needs
    – Not all consumers want the same level and type of
      service when they purchase a product or service. This
      became evident when a lending company
      hypothesized that different groups of its customers
      required distinct levels of service.
How segmentation research can be
used:                (Cont…)

   Assess emerging markets
    – Something an emerging market enables a marketer to define
      appropriate potential target markets within the broader
      market and to identify how best to approach these
      consumers.
   Develop marketing strategies
    – The segmentation allowed the organization to
      construct appropriate marketing strategies for similar
      areas of the U.S, and the representatives of the similar
      markets were able to share their strategies and ideas
      for increasing donations.
How segmentation research can be
used:                (Cont…)

   The craft of segmentation
    – Segmentation is a craft that requires experience and
      sound judgment to result in a meaningful solution. A
      variety of statistical tools are employed, including
      factors analysis, cluster analysis, and discriminant
      analysis.
Marketing1
Marketing1

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Marketing1

  • 1.
  • 2.
  • 3. Group Members  M.NAUMAN CHATTHA ROLL# 74  SAMI ULLAH WARICH ROLL# 62  MAZHAR ABBAS ROLL# 84
  • 4. Approaches to Measure the Customer Satisfaction Attributes  FIRST APPROACH  QUADRANT ANALYSIS – Which plots satisfaction levels against importance levels for satisfaction attributes.  ANOTHER APPROACH Is to develop indexes that combine importance and satisfaction levels.
  • 5. HOW IMPORTANCE IS MEASURED?  In these studies we measure importance in two ways. 1) Deriving ratings statistically 3) Administrating a comprehensive survey at that measures importance on every attribute called “self explicated”.
  • 6. One important finding is that statistically derived measures and stated importance measures don’t appear to be much different in predicting satisfaction.
  • 7. Inclusion of importance information doesn’t always improve the ability to explain satisfaction.
  • 8. More sophisticated, non-linear approach to combining satisfaction measures and importance can result in a model with a greater ability to explain satisfaction.
  • 9.
  • 10. TWO STEPS OF DEVELOPING A LOYALTY  The first step to developing a loyalty program is to research the customer database and target key customers for the program.  Another helpful research technique is to examine customers’ expectation for the program compared to what the program actually offered them.
  • 11. Make the loyalty program Part of your long- term business strategy.  Clearly communicate the benefits and features of the program.  Company opportunity to build a relationship with customers. – Values your customers • It is important for companies to listen to their customers concerns and resolve problems promptly so that they can further enhance the relationship.
  • 12. Be selective when considering with other companies to partner with for a loyalty program. – Company should analyze their image in the market, as well as the prospective partner company’s image.
  • 13.
  • 14. The analysis suggested a new hypothesis about customer retention – Several factors, beyond satisfaction, that derives retention. These includes: • Past Behavior • Attitudes about purchasing, such as openness to new service • Perceptions about the loss or gain of the switching brands • Demographics
  • 15. Customers can be classified by where they fall on each of the two characteristics – The satisfaction and mobility scales have a great deal of independence, meaning that a person who is “highly satisfied” can be “highly mobile” or “static”.
  • 16.
  • 17. How segmentation research can be used:  Understand behavior – Many companies experience a low rate of customer retention. In order to identify ways of keeping customers, one marketer asked why his customers were switching to the competition.  Determine service needs – Not all consumers want the same level and type of service when they purchase a product or service. This became evident when a lending company hypothesized that different groups of its customers required distinct levels of service.
  • 18. How segmentation research can be used: (Cont…)  Assess emerging markets – Something an emerging market enables a marketer to define appropriate potential target markets within the broader market and to identify how best to approach these consumers.  Develop marketing strategies – The segmentation allowed the organization to construct appropriate marketing strategies for similar areas of the U.S, and the representatives of the similar markets were able to share their strategies and ideas for increasing donations.
  • 19. How segmentation research can be used: (Cont…)  The craft of segmentation – Segmentation is a craft that requires experience and sound judgment to result in a meaningful solution. A variety of statistical tools are employed, including factors analysis, cluster analysis, and discriminant analysis.