This report discusses the importance of customer satisfaction in the long term growth of Costa Coffee. It explores various factors that impact customer satisfaction and business performance. The report also provides recommendations for improving customer satisfaction.
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Table of Contents INTRODUCTION...........................................................................................................................................3 LITERATURE REVIEW....................................................................................................................................4 METHODOLOGY...........................................................................................................................................6 DATA ANALYSES AND FINDINGS..................................................................................................................6 CONCLUSION.............................................................................................................................................12 RECOMMENDATION..................................................................................................................................13 REFERENCES..............................................................................................................................................14
INTRODUCTION Background of the research: Customer satisfaction is essential for each and every business organization in order to maintain the long term growth and development. For this the business unit is required to conduct feedback by using various tools and techniques. So that they can improve product performance which can help to increase customer satisfaction. Coffee industry one of the competitive and attractive sector in the United Kingdom. The present report is related with customer satisfaction of in the Costa Coffee which the quality of product and services having a great significant(Ajmal,Helo and Kekäle 2010). In this context the cited business organization is try to understand various factors which are related with the customer and its role in the product improvement. The research based on customer satisfaction of products and services offered by costa coffee implies that all the customers who are using products and services are generating a rich taste of all the products and services offered by the company in contrast to other competitors in the market.Starbucks being the highest among all the cafe coffee outlets still lack a lot of products and services which are the main unique selling prepositions in the international market for being a small business organization to that of big organization that caters to all the needs of the customers from being generated. Therefore, costa coffee has a large number of customers which have a trust and faith in the company'sselling and distribution strategies being adopted worldwide. All the customers are provided the healthier product with cost effective basis and these products are available in such a way that every customer gets attracted towards the product and services and try to buy them at the outlet available with all the necessary requirements, This customer satisfaction in recent times helps the company to grow and develop on the grounds of customer being satisfied by the main aim of improving the level of quality checks which enables them to work and foster the growth of operations at the management level of development(Bloch, Blumberg and Laartz, 2012). Costa coffee is one of the leading company in Coffee chain. They conduct their business operations in the United Kingdom and provide a wide range of products to its customers such as cold coffee, hot coffee, mineral water, fresh fruit juices etc. They also provide breakfast and a small segment of meal to its customers. They having large number of outlets approx. 2000 and more 6000 vending machines in the United Kingdom. Today, UK market having a large competition in the coffee chain which can reducing the company profit and market share. Therefore, this is the
responsibility of the cited business organization is to determine the issues which are related with the firm;s product and the level of customers satisfaction. The main purpose of this report is to identify these issues and try to resolve it in an appropriate manner. So that they can attain their long term goals and objectives(den Hertog, van der Aa and de Jong, 2010) Research questions: The research question of this report is given below: Is the customer is satisfied with the firm's product and services? Is the company performance is quite good in the UK market? Is the any relation between the customer satisfaction and business performance? Aims and objectives: To identify the customer satisfaction level To understand the business performance of the company To determine the relationship between customer satisfaction and business performance LITERATURE REVIEW Customer satisfaction is an evaluation of difference between prior expectations about the product and service and its actual performance. It refers the customer attitude towards the product of the company and its satisfaction level. According to the Maxham (2011), Satisfaction is the result of purchase where the customer reviews the cost and the return in an appropriate manner. they feel that the role of customer satisfaction level can help to maintain the consistency in the business of the company in the long run. Customer satisfaction is considered as the major objective of every organization which helps in growth and development of business activities which are being catered at the aim of providing judgment to customers about the products and services offered by the company (Eckerson, 2010). It is an outcome of customer rewards and cost which are being analyzed at the consciousness level of providing all the benefits which are required for customers to grow and develop on the grounds of better quality and services which are being provided at the level of economic development. There's always a positive relation between customer satisfaction and profit maximization that caters the growth of the organization. Through the customer satisfaction any company can develop its products and services that includes all the rules, regulations and the methods which are abided by the law code of conduct. According to experts customer satisfaction is the basic objective of very business organization who wants to
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grow and develop on the grounds of product and service development as any product or service which is being analyzed for the growth and development caters to require all the necessary law rules and policies that are being used for the satisfaction of product and service development and it’s a long process as each and every customer is considered equal and important in the company and if one customer feels that the product or service is not up to the standards then it can create a negative impact on company's future performance and the ability by which every new and new customer is considered equal and important just because of the fact that more customers can bring out the positive change in the company. According to marketing expert’s customer satisfaction is the main driving force with which every customer has to undergo by analyzing all the marketing aspects required for development of products and services(Freeman, 2010). It is considered effectual on the part of products and service to grow and develop on the grounds of human resource management. So every customer is treated an equal way other company is treating them if they want to grow and develop and if they want to earn profit by providing a lot of products and services at affordable cost to the consumers. Thereby, creating the environments such a way that can enable the company to achieve new ways of developing business relations. When an organization grows and develops then al the factors responsible for growth and development like profitability, cost, human resources, marketing strategies should be considered on the main criteria as each factor caters the following ways of product and service development. Profitability means that if any company wants to grow and develop then it should analyze the ways to generate profits. As profit is the main objective of an organization who is there for serving products and services to the customers so it must analyses the growth rate, business processes, etc. Marketing strategies means all the strategies through which each and every product is being provided to the customers with the objective of product and service development. METHODOLOGY This is one of the most important chapter of the research which is related with the research methodology to be used in the proposed project. There are various aspects in a research
project which needs to be analysed by the company in an effective manner. There are two types of research can be used in a report. One is descriptive research and another one is analytical research. In the present report the descriptive research is used which can help to solved there issues in an effective manner. The another aspects in the research methodology is related with the collection of data (KellerParameswaran and Jacob 2011). There are two types of collection data one is primary data and another one is secondary data collection. In the current report both primary and secondary data is to be used. In the primary data the total number of respondents are 80 selected through random sampling. Questionnaire survey is used for the collection of primary data from the loyal customers of the company. On the other hand, the secondary data is collected by the news articles, newspapers, government websites and other data. With the help to these data it can help to meet the firm's desired goals and objectives in an appropriate manner. The data analyses and interpretation tool are help to analyses these data so that they can solve their issues related with the customer satisfaction. Qualitative data is to be used in this report in order to analyses the primary data of the company (Kerzner 2013). DATA ANALYSES AND FINDINGS Questionnaire Name: Age: Gender: Email: Q.1Do you visit Costa coffee on regular basis? A) Yes B) No Q.2 How many times you visited in a month at Costa coffee? A) One times B) Two times C) Three times D) More than 5 times Q.3 Are you satisfied with the products of the company?
A) Satisfied B) Highly satisfied C) Dissatisfied D) Highly dissatisfied Q.4 Are you satisfied with the service quality of the company? A) Satisfied B) Highly satisfied C) Dissatisfied D) Highly dissatisfied Q.5 Are you satisfied with the pricing of the product? A) Satisfied B) Highly satisfied C) Dissatisfied D) Highly dissatisfied Q.6 Do you want any modification in the product of Costa Coffee? A) Yes B) No Q.7 Do you thing it can help to meet improve firm's performance? A) Yes B) No Q.8 Do you want changes in the theme at Costa Coffee? A) Yes B) No Q.9 Please specify recommendations Ans. …………………………………………………………………………………………….. Data analyses and interpretation
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CONCLUSION As per the above mentioned report it has been concluded that customer satisfaction played a prominent role in the long term growth of the company. The present report explained about the research which conducting for the improve in the customer satisfaction level.It discussed regarding to various factors which having a large impact on the customer satisfaction and business performance. With the help of above research, they can have solved these issues in an effective manner.Research help to collect new and effective information that help to develop business in the effective manner and help to achieve the goals and objectives of the company. To collect the actual information and review about the company and their products and goods of the company if customers are not that much satisfied so easy to improve quality of them and resolve issues and problems of the customers and give them proper satisfaction to them. RECOMMENDATION Treat them as they are the boss and work according to their requirements that can enable the organization to develop and grow . Focusing on customer satisfaction means that every product or service should be provided to the customers at the hierarchical level in the economy and it should focus on providing customers the best services at affordable prices. Avoid making customer retention errors means that all the customers are treated equal and important and every problem should be analyzed for the purpose of providing equal and effectual working of the organization. So every organization should avoid making mistakes so that it can deliver best quality products to the customers. Management is considered as the major driving force that helps the organization to grow and develop on the formulation of customer satisfaction. Leadership is a technique that the customers to grow and develop on the level of providing effective and successful evaluation of products being developed on the level of generating employment.
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Application means that all the tools techniques which are considered for providing products and services as the main objective of product development. As each and every aspect of application aims at development of the organizations.
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