Canon Customer Satisfaction Report
Canon Customer Satisfaction Report
PROJECT REPORT
ON
“CUSTOMER SATISFACTION TOWARDS
CANON PRODUCTS”
SUBMITTED BY
MR. ABHIJIT HANUMANT SHINDE
PROJECT GUIDE
PROF. AJOY TALUKDAR
SUBMITTED TO
“MUMBAI UNIVERSITY”
IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR
THE AWARD
OF THE DEGREE OF
MASTER OF MANAGEMENT STUDIES (MMS)
THROUGH
CONTENTS
2 Introduction 3–6
3 Industry Profile 7 – 10
4 Company Profile 11 – 17
6 Research Methodology 20 – 23
7 Data Collection 24 – 26
9 Findings 38 – 38
10 Suggestions 39 – 39
11 Conclusion 40 – 40
12 Bibliography 41 – 41
14 Questionnaire 42 - 43
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EXECUTIVE SUMMARY
Service industry in India covers a wide variety of activities such as trade, hotel and
restaurants, transport, storage and communication, financing, insurance, real estate,
business services, community, social and personal services, and services associated with
construction.
I studied different Canon products in Quality Office Equipments and took several
customers feedback through questionnaire to know their satisfaction towards Canon
products and Sales & services offered by Quality Office Equipments. Through this
customer satisfaction survey, I found that there is maximum demand for copiers and
printers, most of the customers came to know about canon through friends/relatives, and
most of the customers suggested improvement in the products and maximum customers
rated sales and service at Quality Office Equipments, Chiplun as Excellent.
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I suggested to give service support for scanners and overall to improve speed of the
after sales service. I contacted some finance companies such as Bajaj Finance so that
customers can buy Copier machines with the help of EMI facility from finance companies.
The final recommended strategy is product improvement, Advertising products through
more channels and improving after sales service.
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INTRODUCTION
(a) Traditional organization chart (b) Modern customer oriented organization chart
From above chart we can see that, the modern markets are more customer oriented.
Customer Satisfaction
The definition of customer satisfaction has been widely debated as organizations
increasingly attempt to measure it. Customer satisfaction can be experienced in a variety
of situations and connected to both goods and services. It is a highly personal assessment
that is greatly affected by customer expectations. Satisfaction also is based on the
customer’s experience of both contact with the organization (the “moment of truth” as it is
called in business literature) and personal outcomes. Some researchers define a satisfied
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customer within the private sector as “one who receives significant added value” to his/her
bottom line—a definition that may apply just as well to public services. Customer
satisfaction differs depending on the situation and the product or service. A customer may
be satisfied with a product or service, an experience, a purchase decision, a salesperson,
store, service provider, or an attribute or any of these. Some researchers completely avoid
“satisfaction” as a measurement objective because it is “too fuzzy an idea to serve as a
meaningful benchmark.” Instead, they focus on the customer’s entire experience with an
organization or service contact and the detailed assessment of that experience.
Depending on the industry and the nature of the bad experience, dissatisfied
customers will complain to 10 to 20 friends and acquaintances, which is three times more
than those with good experiences are. Hence, the negative information is influential, and
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consumers generally place significant weight on it when making a decision. If that is not
the reason enough, fierce competitor is needed more and more to differentiate firms from
one another. With technology available to virtually every one today, the traditional features
and cost advantages are no longer relevant. Still product and service quality provides an
enormous opportunity to distinguish a firm from the rest.
A basic and effective base line customer satisfaction survey program should focus
on measuring customer perceptions of how will the company delivers on the critical
success factors and dimensions of the business as defined by the customers:
For example
Service Promptness
Courtesy of Staff
Responsiveness
Understanding the customer problem, etc.
It must be representative.
It must be randomly selected.
It must be adequate enough.
Measuring customer satisfaction
Organizations need to retain existing customers while targeting non-customers.
Measuring customer satisfaction provides an indication of how successful the organization
is at providing products and/or services to the marketplace.
Customer satisfaction is an abstract concept and the actual manifestation of the state
of satisfaction will vary from person to person and product/service to product/service. The
state of satisfaction depends on a number of both psychological and physical variables
which correlate with satisfaction behaviors such as return and recommend rate. The level
of satisfaction can also vary depending on other factors the customer, such as other
products against which the customer can compare the organization's products.
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INDUSTRY PROFILE
Type of Industries
(A) Primary Industries
Extract raw materials (which are natural products) from the land or sea e.g.
oil, iron ore, timber, fish. Mining, quarrying, fishing, forestry, and farming
are all example of primary industries.
(B) Secondary Industries (Referred to as manufacturing industry)
Involve the manufacture of raw materials, into another product by manual
labour or machines.
Secondary industries often use assembly lines e.g. a car factory.
(C) Tertiary Industries (sometime referred to as Services industry)
Neither produce a raw material nor make a product.
Instead they provide services to other people and industries.
Tertiary industries can include doctors, dentists, refuse collection and banks.
(D) Quaternary Industries
Involve the use of high tech industries.
People who work for these companies are often highly qualified within their
field of work.
Research and development companies are the most common types of
businesses in this sector.
The services sector is not only the dominant sector in India’s GDP, but has also
attracted significant foreign investment flows, contributed significantly to exports as well
as provided large-scale employment. India’s services sector covers a wide variety of
activities such as trade, hotel and restaurants, transport, storage and communication,
financing, insurance, real estate, business services, community, social and personal
services, and services associated with construction.
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The analysis of the sectorial composition of GDP and employment for the period
1950-2000 brings out the fact that there has taken place ‘tertiarization’ of the structure of
production and employment in India. The service sector output increased at a rate of 6.63%
per annum in the period 1980-81 to 1989-90 (i.e. pre-reform period) compared with 7.71%
per annum in the period 1990-91 to 1999-2000 (i.e. post- reform period). The share of this
sector in GDP further increased to 55.1% in 2006-07. Currently it is contributing around
60% of Indian GDP.
The services sector is the key driver of India’s economic growth. The sector
contributed around 66.1 per cent of its Gross Value-Added growth in 2015-16, thereby
becoming an important net foreign exchange earner and the most attractive sector for FDI
(Foreign Direct Investment) inflows. As per the first advance estimates of the Central
Statistics Office (CSO), the services sector is expected to grow at 8.8 per cent in 2016-17.
The Indian services sector which includes financial, banking, insurance, non-
financial/business, outsourcing, research and development, courier and technical test
analysis, has attracted the highest amount of FDI equity inflows in the period April 2000-
December 2016, amounting to about US$ 58.345 billion which is about 17.99 per cent of
the total foreign inflows, according to the Department of Industrial Policy and Promotion
(DIPP).
It is important to point out that within the services sector employment growth rate
is highest in finance, insurance, and business services, followed by trade, hotels and
restaurants and transport etc. The community social and personal services occupy the last
rank in growth rates of employment.
Government Initiatives
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Prime Minister Narendra Modi has stated that India's priority will be to work
towards trade facilitation agreement (TFA) for services, which is expected to help in the
smooth movement of professionals.
Sales promotion
Communication
They gain attention and usually provide information that may lead the
consumer to the product.
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Incentive
They incorporate some concession, inducement or contribution that gives
value to the consumer. Incentive-type promotions are given to attract new tiers, to
reward loyal customers and to increase the repurchase rates of occasional users.
Invitation
They include a distinct invitation to engage in the transaction now.
companies use sales promotion tools to draw a stronger and quicker buyer
response. Sales promotion can be used for short- run effects such as to dramatize
product offers and boost sagging sales.
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COMPANY PROFILE
Canon
Canon Inc. is a Japanese multinational corporation specialized in the manufacture
of imaging and optical products, including cameras, camcorders, photocopiers, steppers,
computer printers and medical equipment. It is headquartered in Ōta, Tokyo, Japan.
Canon has a primary listing on the Tokyo Stock Exchange and is a constituent of
the TOPIX index. It has a secondary listing on the New York Stock Exchange. At the
beginning of 2015, Canon was the tenth largest public company in Japan when measured
by market capitalization.
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Haryana, Maharaja Katte village in Bengaluru and Karanjoti village in Thane district in
Maharashtra.
Canon takes pride in not only bringing quality products to the market; but also in
contributing towards minimizing the environmental burden, through the effective
application of green technologies. Canon focuses on the development of resource
conserving products that are smaller, lighter and easier to recycle.
Today, Canon India is ISO 9001, ISO 14001, OHSAS 18001, ISO 27001 and ISO
22301 certified. The company was awarded the title of ‘strong commitment to excel’ at the
CII-EXIM Business Excellence Award, in the year 2006 and 2010 respectively.
Canon India has closed the year 2016, with a revenue growth of 2348.6 crores. 2015
was closed with a revenue of 2158 crores. At present, Canon has over 500 primary channel
partners, 14 National Retail Chain partners, and over 6000 secondary retail points. Canon’s
service reach extends to over 5000 towns with 18 Canon camera service centers and 37
printer Canon Care Centers. Canon India also has 141 authorized service centers for
printers and 195 camera collection points.
New Launches
Launch of High end DSLR Range - EOS-1D X Mark II and EOS 5D Mark
IV in May and August 2016 respectively.
Mid DSLR Range EOS 80D
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Accolades 2016
Smart Photography Awards 2016
Canon 5Ds: Most Prestigious Camera of the Year
The Best Mid-Level D-SLR Camera of the Year: Canon EOS 760D
The Best Professional D-SLR Camera of the Year: Canon EOS 5Ds
The Asian Photography Awards 2016: Andrew Koh awarded with the “3rd
Most Influential Person in Photography”
Exhibit Awards 2016: Best Professional Camera of the Year: Canon EOS 5D
Mark IV
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PRODUCT PROFILE
Inkjet Printers
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Scanners
SELPHY
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Laser Printers
IPFs
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RESEARCH METHODOLOGY
Methodologies
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For Business to Business (B2B) surveys there is the Info Quest box. This has been
used internationally since 1989 on more than 110,000 surveys (Nov '09) with an average
response rate of 72.74%. The box is targeted at "the most important" customers and avoids
the need for a blanket survey.
Surveys and questionnaires are the most common marketing research methods.
Typically, they are used to:
Assess the level of customer satisfaction with a particular product, service
or experience
Identify factors that contribute to customer satisfaction and dissatisfaction;
Determine the current status or situation of a product or service;
Compare and rank providers;
Help establish customer service standards.
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METHOD OF RESEARCH
Survey method
Sampling
It is not always necessary to collect data from whole universe. A small
representative sample may serve the purpose. A sample means a small group taken in a
large lot. This small group taken in a large lot. This small group should be emanative cross
section and really “representative” in character. This selection process is called sampling.
Sample size
Samples are devices for learning about large masses by observing a few individuals.
The selected sample is 100.
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Methods of Sampling
The method adop0ted here is random sampling method. A Random sample is one
where each item in the universe has as an equal chance of known opportunity of being
selected.
Research Instrument
Questionnaire
Advantages of questionnaire
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DATA COLLECTION
One of the important tools for conduction market research is that availability of
necessary and useful data. Date collection is more of an art than a science. The methods of
marketing research are in a way the methods of data collection.
The choice of method is influenced by the data collection strategy, the type of
variable, the accuracy required, the collection point and the skill of the enumerator. Links
between a variable, its source and practical methods for its collection can help in choosing
appropriate methods.
Registration
Registers and licenses are particularly valuable for complete enumeration,
but are limited to variables that change slowly.
Questionnaires
Interviews
Forms which are completed through an interview with the respondent. More
expensive than questionnaires, but they are better for more complex questions,
low literacy or less co-operation.
Direct observations
Reporting
The main alternative to making direct measurements is to report activities.
Reporting requires literacy and co-operation, but can be backed up by a legal
requirement and direct measurements.
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Internal sources
Every company has to keep certain records such as accounts, reports etc. these
records provide sample information which an organization usually keeps collection in its
working.
External sources
When internal records are insufficient and required information is not available, the
organization will have to depend on external sources. Of data are.
a) Primary data
The data collected for a purpose in original and for the first time is known as primary
data. The researches collect this data to study a particular problem. Here the primary data
is data collected through questionnaire by directly meeting the customers.
b) Secondary Data
The data, which is collected from the published sources i.e., not originally
collected of the first rime is called secondary data. Here the secondary data is data
collected from the company’s brochures, pamphlets, catalogues and the website.
For this project, I got Customer database with Addresses and contact details of Ratnagiri
district customers from “Quality Office Equipment’s, Chiplun” which was very useful for
me while conducting survey. With the help of that database, I contacted customers and
collected information in the form of Questionnaire.
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1
Personal Use 13 13
2
Home Use 5 5
3
Office Use 82 82
Product Use
13%
5%
Personal Use
Home Use
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2) Occupation of customer
Table 2
1 Self employed 10 10
2 Professional 3 3
3 Service 9 9
4 Office 15 15
5 Education Institute 20 20
6 Banking 4 4
7 Corporate 30 30
8 Government office 9 9
Total 100 100
Customer Occupation
30
30
Percentage %
25 20
20 15
15 10 9 9
10
3 4
5
0
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40 34
30
30
20 13
11
8 7
10 3 3
0 0 1 1 0 0
0
Camera Printer Scanner Fax Copiers MFDs A4 IPF Projector
Machine
No of respondents Percentage
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Inference: 26% respondents using Product for 3 years, 23% respondents using
product for 2 Years, 19% respondents using product for 1 year, 16% respondents using
Product for 4 years, 13% respondents using product for 5 Years, 3% respondents using
product for 6 years. From this we come to know that largest segment of respondents using
product is for 3 years, then 2 years, 1 year, 4 years, 5 years & 6 years.
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MODE OF AWARENESS
5) Through which media, respondents came to know about Canon
Table 5
TYPE OF MEDIA
No of respondents Percentage
40
40 37
33
35 30
28
30 25
25
20 17
13
15
10
4 3
5 1 1
0
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35
29
30 27 26
25
25 20
18
20
13
15
9
10
0
User friendly Best quality Widest coverage Brand Loyalty Best In this
and affordable products in after sales Category
products service
No of respondents Percentage
Inference: 18% respondents are attracted towards Idea’s most friendly &affordable
plans. 31% respondents are attracted towards Idea’s best quality network.51% respondents
are attracted towards Idea’s widest coverage in A.P.1% respondents are attracted towards
Idea’s brand loyalty.
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Table 7
40
35
30 26 27
25
20 15 16
15 12 12
10
0
After Sales Service Buying Offers Discounts Product
improvements
No of respondents Percentage
Inference: 45% respondents say products need improvement, 27% respondents say
that more buying offers should be made available, 16% respondents say there should be
improvement in after sales service & 12% respondents say that more discounts should be
put on products. From this we conclude that most of the respondents need improvement in
products.
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Table 8
15 13
11
10
0
DISCOUNTS FINANCE FACILITY FREE ACCESSORIES PRODUCT VARIETY
No of respondents Percentage
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Table 9
No of respondents Percentage
Inference: 29% respondents preferred Canon for Best Quality Products, 24%
respondents preferred Canon for Value for money, 17% respondents preferred Canon for
best features, 16% respondents preferred Canon for best after sales service and 14%
respondents preferred Canon for brand loyalty.
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Table 10
80 73
70
57
60
50
40
30
20 18
20 16 15
10 5 4 4 3 3 4 3
2
0
Canon HP Samsung Epson Xerox Koycera Konika
No of respondents Percentage
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11) The ratings the respondents gave for Sales & services at “Quality
Office Equipments, Chiplun”
Table 11
1 1 (Satisfactory) 0 0
2 2 0 0
3 3 4 4
4 4 38 38
5 5 (Excellent) 58 58
Total 100 100
04
38
58
Inference:
58% respondents rated an excellent.
38% respondents rated as good.
4% respondents rated satisfactory.
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FINDINGS
FINDINGS
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SUGGETIONS
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CONCLUSION
From the study, it is clear that most of the canon products are used for Office tasks.
So, canon should concentrate its marketing towards the personal and home use products.
Canon focuses their marketing on canon image runner copiers, printers, IPFs, Scanners,
MFDs etc. But most of the respondents use canon image runner copiers. It means marketing
strategy is little bit less on printers, IPFs, Scanners, MFDs etc. in compare to canon image
runner copiers. Therefore, canon should use more marketing strategy on the products such
as printers, IPFs, Scanners, MFDs etc.
The research showed that, respondents buying their products based on friends /
relatives’ advice & authorized dealer marketing. So, there is need of Advertisements in
newspapers / magazines, television and hoardings. Canon produces best quality products
for the customers. It means canon customize the products based on customer’s tastes &
preferences.
The research showed that, product variety and finance facility are necessary to
boost the sales of canon products. Most of the respondents rated Sales & services at
“Quality Office Equipments, Chiplun” as excellent.
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BIBLIOGRAPHY
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Questionnaire
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