Nirupama Internship Report
Nirupama Internship Report
External examiner
DECLARATION
CH.Nirupama devi
221637s
ACKNOWLEDGEMENT
CH.Nirupama devi
Reg no :- 221637S
A STUDY ON CUSTOMER SATISFACTION
WITH REFERENCE TO “THE COCO - COLA
COMPANY”
CONTENTS
CHAPTER - 1
1.1 - INTRODUCTION
1.2 - NEED OF THE STUDY
1.3 - OBJECTIVES OF THE STUDY 1.4 SCOPE OF THE STUDY
1.5 - RESEARCH METHODOLOGY 1.6 - DATA ANALYSIS
1.7 - REVIEW OF LITERATURE
1.8 - LIMITATIONS OF THE STUDY
CHAPTER- 2
2.1- INDUSTRY PROFILE 2.2 - COMPANY PROFILE
CHAPTER- 3
3.1- THEORITICAL FRAMW WORK
CHAPTER- 4
4.1- DATA ANALYSIS AND INTERPRETATION
CHAPTER-5
5.1- FINDINGS
5.2 - SUGGESTIONS
5.3 - CONCLUSION
5.4 - QUESTIONNAIRE & BIBLIOGRAPHY
CHAPTER- 1
INTRODUCTIONABOUT CUSTOMER SATISFACTION
CUSTOMER SATISFACTION
Customer satisfaction, a term frequently used in marketing, is a measure
of how products and services supplied by a company meet or surpass
customer expectation. Customer satisfaction is defined as "the number of
customers, or percentage of total customers, whose reported experience
with a firm, its products, or its services (ratings) exceeds specified
satisfaction goals."
It is seen as a key performance indicator within business and is often part
of a balanced scorecard. In a competitive marketplace where businesses
compete for customers, customer satisfaction is seen as a key differentiator
and increasingly has become a key element of business strategy.
Within organizations, customer satisfaction ratings can have powerful
effects. They focus employees on the importance of fulfilling customers’
expectations. Furthermore, when these ratings dip, they warn of problems
that can affect sales and profitability. These metrics quantify an important
dynamic. When a brand has loyal customers, it gains positive word-of-mouth
marketing, which is both free and highly effective.Therefore, it is essential for
businesses to effectively manage customer satisfaction. To be able do this,
firms need reliable and representative measures of satisfaction.
In researching satisfaction, firms generally ask customers whether their
product or service has met or exceeded expectations. Thus, expectations are
a key factor behind satisfaction. When customers have high expectations and
the reality falls short, they will be disappointed and will likely rate their
experience as less than satisfying. For this reason, a luxury resort, for
example, might receive a lower satisfaction rating than a budget motel even
though its facilities and service would be deemed superior in “absolute”
terms.
The importance of customer satisfaction diminishes when a firm has
increased bargaining power. For example, cell phone plan providers, such as
AT&T and Verizon, participate in an industry that is an oligopoly, where only a
few suppliers of a certain product or service exist.
As such, many cell phone plan contracts have a lot of fine print with provisions
that they would never get away if there were, say, a hundred cell phone plan providers,
because customer satisfaction would be way too low, and customers would easily have
the option of leaving for a better contract offer.
Customer satisfaction:
Fundamentally, a person buys (acquires) a product for the satisfaction it will provide.
Purpose:
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Although sales or market share can indicate how well a firm is performing
currently, satisfaction is an indicator of how likely it is that the firm’s
customers will make further purchases in the future. Much research has
focused on the relationship between customer satisfaction and retention.
Studies indicate that the ramifications of satisfaction are most strongly
realized at the extremes. Willingness to recommend is a key metric
relating to customer satisfaction.
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organization being measured. Their satisfaction is generally measured on a five-point
scale.
Good quality measures need to have high satisfaction loadings, good reliability,
and low error variances. In an empirical study comparing commonly used satisfaction
measures it was found that two multi-item semantic differential scales performed best
across both hedonic and utilitarian service consumption contexts.
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NEED AND IMPORTANCE OF STUDY
GEOGRAPHICAL SCOPE
THE STUDY WILL BE LIMITED TO A SPECIFIC REGION (E.G., CITY, STATE,
OR COUNTRY) TO UNDERSTAND LOCALIZED CUSTOMER SATISFACTION LEVELS
WITH COCA-COLA PRODUCTS.
CUSTOMER SEGMENTS
IT WILL FOCUS ON VARIOUS CUSTOMER DEMOGRAPHICS SUCH AS
AGE GROUPS, INCOME LEVELS, AND CONSUMER PREFERENCES TO ANALYZE
SATISFACTION ACROSS DIFFERENT USER SEGMENTS.
PRODUCT RANGE
THE STUDY WILL INCLUDE COCA-COLA’S CORE PRODUCT LINE
(CLASSIC COKE, DIET COKE, COKE ZERO, ETC.) AND POSSIBLY ITS EXTENDED
BEVERAGE PORTFOLIO, DEPENDING ON RELEVANCE.
CUSTOMER EXPERIENCE FACTORS
THE SCOPE INCLUDES EVALUATING KEY FACTORS LIKE TASTE, PRICE,
PACKAGING, AVAILABILITY, AND MARKETING IMPACT ON CUSTOMER
SATISFACTION.
CONSUMER BEHAVIOR ANALYSIS
IT AIMS TO UNDERSTAND HOW SATISFACTION INFLUENCES BUYING
BEHAVIOR, BRAND LOYALTY, AND WORD-OF-MOUTH REFERRALS.
RETAIL CHANNEL EVALUATION
THE STUDY COVERS SATISFACTION ACROSS DIFFERENT PURCHASE
POINTS SUCH AS SUPERMARKETS, CONVENIENCE STORES, RESTAURANTS,
AND ONLINE PLATFORMS.
COMPARATIVE ANALYSIS
WHERE APPLICABLE, THE STUDY MAY COMPARE COCA-COLA WITH ITS
COMPETITORS (E.G., PEPSI) TO BENCHMARK SATISFACTION LEVELS.
FEEDBACK & IMPROVEMENT AREAS
THE RESEARCH WILL COLLECT DIRECT CONSUMER FEEDBACK TO
IDENTIFY GAPS AND SUGGEST POTENTIAL IMPROVEMENTS IN PRODUCT OR
SERVICE DELIVERY.
1.5. RESEARCH METHODOLOGY
SAMPLING DESIGN
Target market- the primary data was collected from the Brindavan Beverages,
Bareilly.
SAMPLING UNIT: the sampling unit constitutes the consumers who consume
soft drinks.
extend:surveyconductedwithinthebareillydistrict.
RANDOM SAMPLING:
known as probability sampling or chance sampling where each &every item
in the population as an equal chance of inclusion in the sample& each as the same
probability of being selected.
FIELD SURVEY:
The project involved a field work of around 45days where in the researcher
administered Protested interviews schedules. the study calls for mostly
primary data rather than secondary data.
area of study :the study has been carried out in the bareilly district
DATA ANALYSIS ( tool used for data collection)
Since the is based on secondary data . The tools used for data
collection include :
Literature review from academic databases ( e.g ; google
scholar , JSTOR )
Content analysis for consumer review .
Patforms and reports .
Comparative analysis of coca-cola with other soft drinks
brands.
Interpretation of graphical data , ratings and surveys
conducted by third parties .
No direct statistical tools ( like SPPS or excel surveys ) were
used , but relevant findings from secondary surveys are
interpreted to draw insights .
1.7 REVIEW OF LITERATURE
A REVIEW OF VARIOUS STUDIES REVEALS THAT:
KOTLER AND KELLER (2016) EMPHASIZED THE ROLE OF
CUSTOMER SATISFACTION AS A FOUNDATION OF MODERN
MARKETING.
A STUDY BY NIELSEN (2019) HIGHLIGHTED THAT PRODUCT
QUALITY AND BRAND TRUST ARE CRITICAL DRIVERS OF
SATISFACTION IN THE BEVERAGE INDUSTRY.
AN ANALYSIS BY MARKETLINE (2021) POINTED OUT THAT COCA-
COLA'S ABILITY TO CATER TO DIVERSE TASTES AND ITS GLOBAL
DISTRIBUTION HAVE HELPED MAINTAIN HIGH LEVELS OF
CUSTOMER LOYALTY.
PREVIOUS STUDIES ALSO SUGGEST THAT FACTORS LIKE BRAND
IMAGE, CONSISTENT PRODUCT QUALITY, EFFECTIVE
ADVERTISING, AND PROMOTIONAL OFFERS CONTRIBUTE
SIGNIFICANTLY TO COCA-COLA’S CUSTOMER SATISFACTION
LEVELS.
1.8 LIMITATIONS OF THE STUDY
The study is based solely on secondary data and lacks primary , real-time
customer feedback
It may not fully capture recent shifts in consumer behaviour or regional
differences in satisfaction levels .
The analysis is limited to the data available in published sources , which may
not be exhausted or updated.
Since it is a general analysis , it does not focus on specific age groups ,
geographic regions , or consumer segments .
The soft drink industry is one of the largest and most dynamic
segments of the global food and beverage sector. It includes carbonated
beverages, energy drinks, flavored water, juices, and non-alcoholic sparkling
beverages. This industry has grown exponentially over the decades, driven
by urbanization, rising disposable incomes, marketing innovations, and
evolving consumer tastes.
Current Trends:
Increasing demand for functional drinks (e.g., with added vitamins or
energy-boosting ingredients).
Sustainability concerns driving eco-friendly packaging and ethical
sourcing.
Rapid expansion in emerging markets like India, Brazil, and Southeast
Asia.
Global Presence:
Operates in over 200 countries.
Offers more than 500 brands, including Coca-Cola, Diet Coke, Fanta, Sprite,
Minute Maid, Kinley, and Smartwater.
Coca-Cola products are consumed more than 1.9 billion times every day.
Coca-Cola in India:
John styth pemberton first introduced the refreshing taste of coca- cola in
Atlanta,Georgia .it was may 1886 when pharmacist concocted caramel- colored
syrup in a Three-legged brass kettle in this backyard.he first “distributed”the new
product by Carrying coca-cola in a jug down the street to Jacobs pharmacy .for five
cents, consumers would enjoy aglass of coca-cola at the soda fountain .whether by
design of accident ,carbonated water was teamed with the new syrup, producing a
drink that was proclaimed “delicious and refreshing”
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Coca-cola began as fountain product .but candy merchant joseph
Bottling partners
Today, our products reach consumers and customers around world through
a vast Distribution network made up of local bottling units. these bottles are
located around the world ,and most are independent businesses. using
concentrates and Beverage bases produced by the coca- cola company, our
more than 8million customers and more than 2million vending machines
soft drinks. in the year 1989-99 we have made acquisitions and hence we
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business
Coca-cola enterprise is in the business of marketing, producing and
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Management philosophy Corporate area
The major concept of the management philosophy is to retain in the
industry requires little capital, and Produces maximum returns .the returns
Financial area
cash flow.
Marketing area
Here the management is committed to superior market place execution.
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The brand
coca- cola ranks itself As the third only after Microsoft and louis vuitton.
Products
International brands
carbonated drinks. The product was made public on may 8th 1886. Diet
coke: was launched in 1982 to target the market of the light products.
drinking coca-cola and enjoying its taste. Cherry coke :the first cherry
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launched in 1961.fanta is the world third best selling soda and the world’s
Indian brands
For the local market in India coke has the following brands.
Maaza
Thumsup
Limca
Sprite
Fanta
Kinley
Citra
Gold spot
Georgia
Diet coke
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The non-carbonated market
offers frozen concentrated fruit juice launched in 1998. Ice tea: varied
flavors and sweetness in a line of ice teas was created with cokes joint
Refreshments:
Coca-cola,fanta,sprite,thumsup,limca.
CSDs:
Rejuvenation:
Replenishment:
Coca-cola India
RS.3000crores in India.
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AP region
Hyderabad
distributers.
The most profitable unit in India .penetration higher than any FMCG
systems that create value for our company ,our bottling partners and our
customers.
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Coca -cola,the world’s most powerful trademark, and other highly
valuable TRADEMARKS.
SYSTEM.
products.
enterprise.
allocated.
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1.coca-cola’s trademarks:
and package
quality.
Coca-cola will never hesitate to adjust our product line to keep the
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may become necessary due to changes in the desire and needs of our
customers who sell them and the people who buy them coca-cola values
defined by their desire and ability to strengthen our relationship with the
people who buy our products.We will always help bottlers serve our
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Coca-cola relation ship with the communities we serve must be
of a kind that
3.coca-cola’s CUSTOMERS:
relationships
with our customers that are mutually beneficial and that ultimately
cola Cannot allow ourselves to be limited to the role of mere supplier, but
must instead Make sure every customer views us a partner in the creation of
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4.coca-cola’s PEOPLE:
every achievement in our history can be traced directly to the
the right thing and never sacrificing our long-term integrity or viability to
relevant skills.
dependent on the skills of our people and the Ideas and execution they
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The broad understanding of, and focus on our obligations to protect and
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The confidence to develop people into competitive, performance-
it Selves within their global system, from the production of its products, to
focusing on key values, knowledge and skills , its people will be equipped
the company’s Character and the image it projects. Coca-cola will focus
And consumers.
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Coca-cola will invest our resources, financial and otherwise, in the smartest
way Possible. Coca-cola will spend every dollar and working hour in the
most efficient And effective way it can. Coca-cola will be good stewards of
the valuable relationships that have been created over the years with its
customers .coca-cola will help them in every way We can ,looking for
its growth and profitability are dependent upon their growth And
profitability.
or diminishing in value.
7.Coca-cola’s commitment
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aggressively focus all we are and all we do on making our
6.coca-cola’s leadership:
and skills . they will do this by taking responsibility for developing coca-
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Asserting coca-cola ability to develop and control systems , instead of
communication that does not stall action , but instead encourages trust and
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Facts about coca-cola:
and… placed end to end , the bottles would reach all the way to
the moon
miles high
placed end to end the bottles would wrap around the equator
20,051 tomes.
if all the coca-cola ever produced were to erupt from “old faithful “
at its normal rate of 15,000 gallons per hour, the geyser would flow
years.
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Facts about coca-cola
slogans used:
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1979-Have a Coke and a Smile
1982-Coke is it!
1987-When Coca-Cola is part of your life, you can beat the feeling!
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CHAPTER -3
THEORITICAL
FRAME WORK
The theoretical framework serves as the foundation upon which the entire
study is built. It provides a conceptual basis to understand the variables
involved in customer satisfaction and their relevance to Coca-Cola’s
business strategy. This framework draws from established marketing and
consumer behavior theories to examine the factors that influence
customer satisfaction in the soft drink industry.
1. Customer Satisfaction Theory
Customer satisfaction is rooted in the Expectation-Confirmation Theory
(ECT), which suggests that:
Consumers form expectations about a product before purchase.
After consumption, they compare the actual performance with their
expectations.
Satisfaction occurs if the product meets or exceeds expectations;
dissatisfaction occurs if it falls short.
In the context of Coca-Cola, customers may form expectations based on
advertising, past experiences, brand reputation, and peer influence. Their
satisfaction is influenced by how well the product performs in terms of
taste, price, availability, and brand image.
The firm’s success depends not only on how well each department performs its
work, but also on how well the various departmental activities are coordinated.
Too often company departments act to maximize their interests. A credit
department may take a long time to check prospective customer’s credit
worthiness so as not to incur bad debts. Meanwhile, the customer waits and the
sales person is frustrated. A traffic department chooses to ship the goods by the
rail to save money and again the customer waits. Each department has created
walls that slow down the delivery of quality customer service. The solution to
these problems is to place more emphasis on the smooth management of core
business process.
The core business process includes the following concepts:
The marketing sensing process:
All the activities involved in gathering market intelligence disseminating it
with the organization and acting of information.
The new offering Realization process:
All the activities in research, developing and launching new high quality
offerings quickly and within the budget.
The customer relationship management:
All the activities involved in building deeper understanding relationships
and offerings to individual customers.
The fulfillment management process:
All activities involved in receiving and approving orders, shipping the
goods on time and collecting payment.
The value delivery network:
To be successful a firm or an organization also needs to look for
competitive advantage beyond its own operations into the value chains of its
supplier distributing and customers. Many companies today partnered with
specific suppliers and distribution to create a superior value delivery network.
Customer Relationship Management:
The aim for customer relationship management is to produce high
customer equity. Customer equity is the total of the discounted lifetime values
of all firm’s customer. Clearly, the more loyal the customer’s the higher the
customer equity, value equity, brand equity and relationship equity.
Value Equity:
Value equity is the customer’s objective assessment of the utility of
an offering based on perception of its benefits relative to its costs the sub
drivers of the value equity and quality, price and convenience. Each industry
has to define the specific factors underlying each sub driver in order to find
programs to improve value equity. An air line passenger might define equity
as seat width; a hotel guest might define equity as room size. Value equity
makes the biggest contribution to consumer equity. When products are
differentiated and when they are more complex and need to be evaluated.
Value equity especially drives customer equity in business market.
Brand Equity:
Brand equity is the customer’s subjective and intangible
assessment of the brand above and beyond its objectivity perceived value.
The sub drivers of brand equity and customer brand awareness, customer
attitude towards the brand and customer perception of brand ethics.
Companies use advertising, public relations and other communication tools
to affect these sub drivers. Brand equity is more important than the other
drivers of customer equity where products are less differentiated and have
more emotional impact.
Relationship Equity:
Relationship equity is the customer’s tendency to stick with brand
above and beyond objective and subjective assessment of its worth. Sub
drivers of relationship equity include loyalty programs, special recognition
and treatment program, community building programs. Relationship equity is
especially important where personal relationship count for a lot and where
customers tend to continue with supplier out of habit.
Some customers inevitably become inactive or dropout. The
challenge is to reactive dissatisfied customers through win-back strategies. It
is often easy to attract ex-customers than to find new ones. The key is to
analyze the causes of customer detection through exit interviews and lost
customer surveys. The aim is to win back only those customers who have
strong profit potential.
Computerization
Today consumer is looking out for value for money. The challenge before the
Marketer is to identify what value would appeal and convince the consumer.
Marketers are trying to enhance the concept of value through unique methods.
They have realized that product service characteristics, consumer aspirations and
availability of competing alternatives can used to enhance consumer value.
The focus and challenge before every firm is to rebuild around its consumer .it
should be able to perceive, interpret, serve and satisfy the customer with the
type of product and services he desires and arm itself so as gain a competitive
edge of consumerisation.
Consumerisation refers to the process where in all the employees of the firm are
required to interact directly with the consumers and end users.
They can have access to every person and function within the organization,be
involved in designing and fine turning key products and process,and turn every
interaction with the customer into a plaform of interactive communication, so as
to add value and increase customer satisfaction.
Presales period:
Availability of clear, useful information on :
the product or service.
its quality aspect.
its core benefits or advantage.
its price.
its availability or sales outlet.
how to obtain it
A very satisfied consumer will stay more years with the company
and make more Purchases as well .a brand represents a promise about the total
resulting experience that the customers can expect.
ResponseNumber of RespondentsPercentage
Yes No
70 30
I
70% 30%
nterpretation:
A majority of respondents (70%) consume Coca-Cola products regularly,
indicating a strong consumer base and brand preference.
Bar Graph:
3.2 Are you satisfied with the taste of Coca-Cola products?
ResponseNumber of RespondentsPercentage
Yes No
80 20
80% 20%
Interpretation:
80% of respondents are satisfied with the taste of Coca-Cola, reinforcing that
taste remains one of the brand’s strongest attributes.
Bar Graph:
3.3 Do you think Coca-Cola products are reasonably priced?
ResponseNumber of RespondentsPercentage
Yes No
60 40
60% 40%
Interpretation:
Bar Graph:
3.4 Are you satisfied with the availability of Coca-Cola products in your area?
ResponseNumber of RespondentsPercentage
Yes No
85 15
85% 15%
Interpretation:
Coca-Cola enjoys high availability across regions, with 85% of respondents
reporting easy access to the product.
Bar Graph:
Bar Graph:
3.5 Would you recommend Coca-Cola to others?
ResponseNumber of RespondentsPercentage
Yes No
75 25
75% 25%
Interpretation:
A strong 75% of consumers are willing to recommend Coca-Cola, indicating a
high level of brand satisfaction and loyalty.
Bar Graph:
CHAPTER 5
5.1 Findings
The study highlights that Coca-Cola continues to enjoy a strong position in the
market, primarily due to its consistent taste, wide availability, and brand value.
Most customers are satisfied with the product and would recommend it to
others, which indicates high brand loyalty. However, there is room for
improvement, especially in terms of pricing perception and adapting to
evolving consumer health trends.
By addressing these areas through strategic improvements and continued
innovation, Coca-Cola can further enhance customer satisfaction and
maintain its leadership in the competitive beverage industry.
Appendix: Questionnaire
Section A:
Demographic Details
1. Age:
1. Gender:
3. Occupation:
☐ Yes ☐ No
☐ Yes ☐ No
☐ Yes ☐ No
☐ Yes ☐ No
☐ Yes ☐ No
to others?
☐ Yes ☐ No