PROJECT Redmi
PROJECT Redmi
Submitted by
NEVIN BOBY
(Reg No:210021073734)
NOYAL SAJAN
(Reg No:210021073735)
SHIJO SHAJI
(Reg No: 210021073738)
Under the supervision of
Asst.Prof.NEETHU SEBASTIAN
(Department of commerce)
CERTIFICATE
Examiner......................................
Viva Voce Conducted On..............
Place: Kuravilangad
Date:
DECLARATION
Place:Kuravilangad
Date :
ACKNOWLEDGEMENT
Behind every successful effort there lies a contribution from numerous sources
irrespective of their magnitude. My project is no exception and I take this opportunity to
express my sincere thanks to these helping hands wholeheartedly.
We wish to place on record our thanks to Dr. SUNIL C MATHEW principal of Deva
Matha College, Kuravilangad for providing me an opportunity to take this study.
We thank our Head of the Department Mr. GEORGE MATHEW for his
generous support through this venture.
We express our sincere gratitude to Ms. NEETHU SEBASTIAN our project guide,
department of commerce, Deva Matha College, Kuravilangad for her valuable guidance
and suggestions for the completion of this dissertation with unfading patience and
meticulous care be made useful suggestions for improvements, we are mostly indebted
to her for all her help.
We record my profound thanks to our friends for their help; I thank our family for their
help and support.
Above all, we thank Almighty GOD for having blessed us to complete this project.
NEVIN BOBY
NOYAL SAJAN
SHIJO SHAJI
Chapter CONTENTS PAGE.NO
No.
LIST OF TABLES
LIST OF FIGURES
CHAPTER1
1
INTRODUCTION
CHAPTER 2
2 REVIEW OF
LITREATURE
CHAPTER 3
INDUSTRY AND
3
COMPANY
PROFILE
CHAPTER 4
DATA ANALYSIS
4
AND
INTREPRETATION
CHAPTER 5
FINDINGS,
5
SUGGESTION AND
CONCLUSION
BIBLIOGRAPHY
APPENDIX
LIST OF TABLES
TABLE PAGE
TITLE
No. No.
4.1 CLASSIFICATION ON THE BASIS OF AGE
4.2 REGULARLY USES OF SMART PHONES
SHOWING HOW LONG SMART PHONE HAVE
4.3
BEEN OWED
4.4 PURPOSE BY THE SMART PHONE
4.5 REASON TO PREFER REDMI PHONE
4.6 BASED ON PRICE RANGE
4.7 WORTH THE MONEY
4.8 CUSTOMER SERVICE
4.9 VARIETY MODELS
4.10 PERIOD OF USAGE
4.11 FACTOR EFFECT YOUR PURCHASE
4.12 QUALITY AND FEATURES
4.13 PROMOTIONL ACTIVITY
4.14 RECOMMEND TO FRIENDS OR RELATIVES
4.15 EXPECTED IMPROVEMENT
4.16 PRICE
4.17 DESIGN OF THE PHONE
4.18 BATTERY PERFOMENCE
4.19 CLARITY
4.20 INTERNAL STORAGE
LIST OF FIGURES
TABLE PAGE
TITLE
No. No.
INTRODUCTION
1.1INTROUDCTION
Smart phone has changed the way we do things; the role smart phones play in
today’s society is phenomenal. Today, Smart phones is been substituted the role of
computer, making it possible to do a lot of functions with this small handheld device.
A Smartphone is a Mobile phone built on a mobile computing platform, with more
advanced computing ability and connectivity than a feature phone. Number of
Brands in the Smartphone market is increasing rapidly and this has led to various
innovations in the field and a very stiff competition among the players. The Leading
Smartphone brands in the market are Xiaomi, Samsung, Nokia, Apple, Lenovo,
Asus, and Motorola. Redmi is a sub brand owners by the Chinese electronics
company Xiaomi. It was introduced as a budget smart phone line manufactured by
Xiaomi, that was first announced in July 2013.Redmi phones use the Xiaomi MIUI
user interface on top of android.
The scope of the study is confined to evaluating satisfaction of Redmi mobile phone
users. It is mainly concentrated to Thrissur city. It is a preliminary study of Redmi
mobile phone to examine the customer’s satisfaction. This project can be useful to
top management to take appropriate decision for improvement of the features or
updates
The last decade has witnessed a major breakthrough in the mobile phone industry
with arrival of smart phones. Today’s smart phones possess such improved
technology and features that it has become almost a substitute for personal
computers. Today smart phone market is one of the fastest growing markets and
there are vast numbers of players in the market and also competition is very high.
Smartphone companies are making new and new innovations in various aspects of
the phone to succeed in this highly competitive market. Each and every new models
introduced in the market has improved and differentiated features than the old ones.
The Chinese smart phone company Redmi has become firm favorite with the Indian
consumer base. The growing share of Redmi in India is a testimony of increasing
influence over the people. India is an extremely important market in Redmi
mobilization strategy and one of their largest markets outside of mainland China.
Thus it is important to study on the customer satisfaction of Redmi smart phone.
The study deals with consumer’s satisfaction on Redmi mobile phones in Kottayam
district
The study was carried out during a period of 3 months from January 2024 to March
2024
1.8 RESEARCH METHODOLOGY
The sampling size is 100.The samples are collected on convenient sampling method
from various customers of Redmi phones in Kottayam district.
Both primary and secondary data will be used for the study. Primary data will be
Collected through questionnaire.Secondary data will be collected from internet,
journals, magazines and books.
The data collected has been classified and sorted , tabulated and condensed to
facilitate reading comprehension.Tables diagrams and percentages etc are used for
analysis
1.9 LIMITATIONS OF THE STUDY
This study is not free from limitations. Some of the limitations of the study are as
follows:-
The study is about Redmi mobile phones only and finding cannot be
generalized.
CHAPTERISATION
The present study is consists of five chapters. The first chapter is the introduction.
The second chapter deals with the review of literature. Conceptual framework is the
third chapter. Analysis and interpretation are made in the fourth chapter. And the
fifth chapter is the findings, suggestions, and conclusion.
CHAPTER – 2
REVIEW OF LITERATURE
REVIEW OF LITERATURE
In order to have better understanding about the present study in its proper perspective, it
has undertaken to present the corresponding studies through review of what has already
been done in the field.
* Vipan Bansal and Bindu Bansal (2013) have studied the customer satisfaction of
Mobile phone service users operating in Malwa Punjab”. This paper is used to
trace the reason for purchasing mobile phones and usages of mobile phone
applications. This study revealed that SMS is the most widely used Valued Added
Service. The results revealed that most of the respondents were satisfied with their
current service provider, show maximum willingness for shifting to Airtel.
THEORETICAL FRAMWORK
THEORETICAL FRAMEWORK
BUSINESS
OBJECTIVES
Maintaining profitability means making sure that revenue stays ahead of the costs of
doing business. Focus on controlling costs in both production and operations while
maintaining the profit margin on products sold.
Employee training, equipment maintenance and new equipment purchases all go into
company productivity. Your objective should be to provide all of the resources your
employees need to remain as productive as possible.
Good customer service helps you retain clients and generate repeat revenue.
Keeping your customers happy should be a primary objective of your organization.
Employee turnover costs you money in lost productivity and the costs associated with
recruiting, which include employment advertising and paying placement agencies.
Maintaining a productive and positive employee environment improves retention.
Your company mission statement is a description of the core values of your company. It
is a summary of the beliefs your company holds in regard to customer interaction,
responsibility to the community and employee satisfaction. The company's core values
become the objectives necessary to create a positive corporate culture.
* Sustainable Growth
Growth is planned based on historical data and future projections. Growth requires the
careful use of company resources such as finances and personnel.
Even a company with good cash flow needs financing contacts in the event that capital is
needed to expand the organization. Maintaining your ability to finance operations means
that you can prepare for long-term projects and address shortterm needs such as payroll
and accounts payable.
Change management is the process of preparing your organization for growth and
creating processes that effectively deal with a developing marketplace. The objective of
change management is to create a dynamic organization that is prepared to meet the
challenges of your industry.
Marketing is more than creating advertising and getting customer input on product
changes. It understands consumer buying trends, being able to anticipate product
distribution needs and developing business partnerships that help your organization to
improve market share.
Understanding a Business
Generally, a business begins with a business concept (the idea) and a name. Depending
on the nature of the business, extensive market research may be necessary to determine
whether turning the idea into a business is feasible and if the business can deliver value
to consumers.
Customer
* Customers are the individuals and businesses that purchase goods and services
from another business.
* To understand how to better meet the needs of its customers, some businesses
closely monitor their customer relationships to identify ways to improve service
and products.
* The way businesses treat their customers can give them a competitive edge
* Although consumers can be customers,consumers are defined as those who
consume or use market goods and services.
Understanding Customers
Businesses often honor the adage "the customer is always right" because happy customers
are more likely to award repeat business to companies who meet or exceed their needs.
As a result, many companies closely monitor their customer relationships to solicit
feedback on methods to improve product lines. Customers are categorized in many ways.
Most commonly, customers are classified as external or internal.
External customers are dissociated from business operations and are often the parties
interested in purchasing the final goods and services produced by a company. Internal
customers are individuals or businesses integrated into business operations, often existing
as employees or other functional groups within the company.
Studying Customers
Businesses frequently study their customers' profiles to fine-tune their marketing
approaches and tailor their inventory to attract the most customers. Customers are often
grouped according to their demographics, such as age, race, gender, ethnicity, income
level, and geographic location, which all may help businesses cultivate a snapshot of the
"ideal customer" or "customer persona." This information helps companies deepen
existing customer relationships and reach untapped consumer populations to increase
traffic.
Customers are so important that colleges and universities offer consumer behavior
courses dedicated to studying their behavioral patterns, choices, and idiosyncrasies. They
focus on why people buy and use goods and services and how it impacts companies and
economies. Understanding customers enables businesses to create effective marketing
and advertising campaigns, deliver products and services that address needs and wants,
and retain customers for repeat business.
CUSTOMER SATISFACTION
The importance of customer satisfaction can be identified from the following points:
SMARTPHONE
A Smartphone is a mobile phone that can do more than other ordinary phones. They work
as a computer but are mobile devices small enough to fit in a user’s hand. As Smart
phones are small computers, they run an operating system that is often common between
devices to ensure compatibility. The majority of Smart phones run on Apple IOS or
Android system while some others use Windows or Blackberry operating system. Smart
phones are able to run more than one program or application at the same time which
helps the user do things quicker and easier. The users can get more programs from the
manufacturer’s application store.
The distinction between Smart phones and feature phones is vague and there is
no official definition for what constitute the difference between them. One of the most
significant difference is that the advanced Application Programming Interfaces (APIs) on
Smart phones for running third-party applications to have better integration with the
phone’s OS and hardware than what the typical feature phones can. In Comparison,
Feature phones more commonly run on proprietary firmware, with third-party software
support through platforms such as JAVA ME or BREW. An additional complication in
distinguishing Smart phones and feature phones is that over time the capabilities of new
models of feature phones can increase to exceed those of phones that had been promoted
in the past.
KEY SMARTPHONE FEATURES
Applications: Unlike feature phones Smart phones allow its users to download thirdparty
applications to cater to the users specified needs. Normally standard applications will be
available in new phones and extra applications can be downloaded from application
stores. Most of the operating systems have its own application stores such as Google’s
Play Store, Apple’s App Store etc…
Internet Access:It is one of the common features of any Smartphone. It enable users to
access internet at high speeds with the help of 4G and 3G networks, also internet
connection through Wi-Fi connection is also possible in Smart phones.
Camera:High pixel camera is another important factor that makes a Smartphone different
from any ordinary phones. Most of the new generation Smart phones come up with high
definition cameras and also front cameras have become a common specification in Smart
phones.
GPS: The Global Positioning System is space based satellite navigation system that
provides location and time information in all weather, anywhere on or near earth, where
there is an obstructed line of sight to four or more GPS satellites. Smart phones use this
GPS system to provide navigation and weather information services to its users. ‘Google
Map’ in Android phones is one of the common examples.
Touch Screen:It is a common feature found in any of the Smart phones. Phones with high
sensitive touch screens have become a trend in the Industry.
Besides the above mentioned key features there are some special specifications that have
become trend in the market in the last 2-3 years and they are pointed out below:-
RAM:Phones with higher RAM capacities such as 2GB, 3GB, 4GB etc… has become
common in the Smartphone market in the past few years. This higher RAM enables
devices to carry on multiple applications effectively and with maximum speed.
Fingerprint Sensing:Smart phones have started to use systems which recognize user’s
fingerprints for unlocking the phone and this system can ensure security of phones and
user’s data. This system was first introduced by Apple In its iPhones, later it was adopted
by other Smartphone manufacturers.
The Indian Smartphone market is one of the fastest growing market segments. The
number of players in the market is increasing day by day.
* SAMSUNG
* NOKIA
* REALME
* HONOR
* MOTOROLA
* OPPO
* VIVO
* ONEPLUS
* GOOGLE
CHAPTER – 4
From the above table reveals that the largest group of customers is the age group of 20-30
years which constitutes 79%, 9% of customers are in the group of 30-40 and above 40.
The lowest percentages of customers are below the age of 20.
FIGURE 4.1
90
79
80
70
60
50
40
30
Series 1
20
9 9
10 3
0
Below 20 20-30 30-40 40 above
TABLE 4.2
The above table discloses that 98% customers are use the smart phone regularly and rest
of 2% are not use regularly.
FIGURE 4.2
Yes
No
98%
TABLE 4.3
The above table states that 80% of customers are owned the Redmi phone before a year
and 15% of customer owned between 6 months to 1 year, another 5% owned in last
6months.
FIGURE 4.3
15
80
TABLE 4.4
Out of 100 respondents 54% of them use smart phones mainly for social media. Followed
by 28% respondents who use phones for calling, where as 8% respondents for gaming
and rest of them used for browser, emailing and other activities.
FIGURE 4.4
4
5
1
8 28
Phone calls
Social media
Gaming
Emailing
Browser
Others
54
TABLE 4.5
Above table reveals that out of 100 respondents 45% prefer Redmi phone of its price,
37% prefer of its quality, 10% prefer of its design of the phone and 8% have no opinion
why they prefer the Redmi phone.
FIGURE 4.5
10
45 Due to price
Due to quality
Due to design
I don’t know
37
TABLE 4.6
The above table shows that majority 73% of customers use the Redmi phone in the price
range between 10,000-20,000,14% use below 10,000,10% of customer use the phone in
the price range between 20,000-40,000 and only 4% use the price range between 40,000-
60,000.
FIGURE 4.6
3
10 14
73
TABLE 4.7
53% of respondents agree that the phone is worth the cost and 16% of them strongly
agree the same. Rests of them 28% respondents have neutral opinion and 2%, 1% are
strongly disagree and disagree respectively.
FIGURE 4.7
Sales
2 1
16
28 Strongly disagree
Disagree
Neutral
Agree
Strongly agree
53
TABLE 4.8
CUSTOMER SERVICE
OPTIONS NO. OF REPONDENTS PERCENTAGE
Strongly disagree 2 2
Disagree 12 12
Neutral 32 32
Agree 39 39
Strongly agree 15 15
TOTAL 100 100
Source: Primary Data
In this table 39% of the Redmi phone users are agreed with the
customer service, while 32% are neutral, where as 15% of customer
are strongly agreed with their customer service only 2% of them are
strongly disagree with the Redmi phone customer service.
FIGURE 4.8
CUSTOMER SERVICE
2
15 12
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
32
39
TABLE 4.9
VARIETY MODELS
OPTIONS NO. OF REPONDENTS PERCENTAGE
Strongly disagree 2 2
Disagree 1 1
Neutral 37 37
Agree 51 51
Strongly agree 9 9
TOTAL 100 100
Source: Primary Da
The above table reveals that the 51% of respondents agree with Redmi phones offering
wide variety models of smart phones. 37% of them are neutral opinion, while 9% are
with strongly agree and 2%, 1% of respondents are strongly disagree and disagree.
FIGURE 4.9
VARIETY MODELS
9 2 1
37 Strongly disagree
Disagree
Neutral
Agree
Strongly agree
51
TABLE 4.10
PERIOD OF USAGE
OPTIONS NO. OF REPONDENTS PERCENTAGE
Less than 6 months 2 2
Less than 1 year 6 6
More than 1 year 46 46
More than 2 year 46 46
TOTAL 100 100
Source: Primary Data
The above table states that 46% of the respondents phone last for more than 1 and 2
years, where as 6% of respondents phone last less than 1 year and 2% of respondents
phone has less than 6 months.
FIGURE 4.10
PERIOD OF USAGE
2
6
46
TABLE 4.11
This table reveals that out of 100 respondents 57% came to know about the Redmi
Smartphone from friends and relatives, 33% by the price discount and rest 10% through
advertisement.
FIGURE 4.11
10
33
Advertisement
Suggestion from friends and
relatives
Price discount
57
TABLE 4.12
The above table reveals that the 29% of respondents agree with Redmi phones Quality
and Features. 34% of them are neutral opinion, while 18% are with strongly agree and
7%, 12% of respondents are strongly disagree and disagree.
FIGURE 4.12
7
18
12
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
29
34
TABLE 4.13
PROMOTIONL ACTIVITY
OPTIONS NO. OF REPONDENTS PERCENTAGE
Online offer 47 47
Discount 27 27
Others 26 26
TOTAL 100 100
Source: Primary Data
The above table shows that 47% of the respondents attract the online offer of the Redmi,
while 27% of attract discount and 26% respondents attracts other promotional activities.
FIGURE 4.13
PROMOTIONL ACTIVITY
26
47
Online offer
Discount
Others
27
TABLE 4.14
The above table stated that from the 100 respondents 87% of the respondents are
recommended redmi smart phones to friends and relatives; where as 13% of they are not
interested to recommend to friends and relatives.
FIGURE 4.14
13
No
Yes
87
TABLE 4.15
EXPECTED IMPROVEMENT
OPTIONS NO. OF REPONDENTS PERCENTAGE
Improve quality of 30 30
camera
Increase the span of 25 25
battery charge
Reduce the heating 35 35
Others 10 10
Total 100 100
Source: Primary Data
Table reveals that 35% expects an improvement in heating issue and 30% in quality of
camera. 25% of respondents expect to improve in battery life, while 10% are expect to
improve other features.
FIGURE 4.15
EXPECTED IMPROVEMENT
10
30
25
TABLE 4.16
PRICE
OPTIONS NO. OF REPONDENTS PERCENTAGE
Highly satisfied 36 36
Satisfied 34 34
Neutral 21 21
Dissatisfied 2 2
Highly dissatisfied 3 3
TOTAL 100 100
Source: Primary Data
From this table it is clear that 34% users of Redmi smart phone are satisfied with the
price of the phone, where as 36% of the respondents are highly satisfied only 3% is
highly dissatisfied.
FIGURE 4.16
40
36
35 34
30
25
21
20
Series 1
15
10
5 3
2
0
Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied
TABLE 4.17
This table shows that majority (54%) of them are satisfied with design of the phone, 29%
are have neutral opinion.16% of users are highly satisfied with the design only 1% have
highly dissatisfied for the same.
FIGURE 4.17
60
54
50
40
30 29
Series 1
20
16
10
0 1
0
Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied
TABLE 4.18
BATTERY PERFOMENCE
OPTIONS NO. OF REPONDENTS PERCENTAGE
Highly satisfied 22 22
Satisfied 37 37
Neutral 36 36
Dissatisfied 3 3
Highly dissatisfied 2 2
TOTAL 100 100
Source: Primary Data
This table discloses that 37%% of the respondents rated as satisfied to the battery
perfomance of the Redmi smart phone, where as 36% of them are have neutral opinion
for the same and 22% of the respondents stated as highly satisfied.
FIGURE 4.18
BATTERY PERFOMENCE
40
37
36
35
30
25
22
20 Series 1
15
10
5 3
2
0
Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied
TABLE 4.19
CLARITY
OPTIONS NO. OF REPONDENTS PERCENTAGE
Highly satisfied 13 13
Satisfied 53 53
Neutral 28 28
Dissatisfied 5 5
Highly dissatisfied 1 1
TOTAL 100 100
Source: Primary Data
The above table states that out of 100 respondents 53% of them have satisfied with the
Redmi smart phone clarity, while 28% have neutral opinion. 13% of respondents rated
the clarity is excellent, where as 5% of respondents have dissatisfied and 1% rated as
highly dissatisfied with the same.
FIGURE 4.19
CLARITY
60
53
50
40
30 28
Series 1
20
13
10
5
1
0
Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied
TABLE 4.20
INTERNAL MEMORY
OPTIONS NO. OF REPONDENTS PERCENTAGE
Highly satisfied 26 26
Satisfied 37 37
Neutral 24 24
Dissatisfied 12 12
Highly dissatisfied 1 1
TOTAL 100 100
Source: Primary Data
The above table shows that 37%% of respondents are satisfied with the internal memory
of Redmi phone.26% of respondents are highly satisfied with the internal memory,
whereas 24% are have neutral opinion and rest of respondents are dissatisfied, highly
dissatisfied with 12%,1% respectively for the same.
FIGURE 4.20
INTERNAL MEMORY
40
37
35
30
26
25 24
20 Series 1
15
12
10
5
1
0
Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied
Chapter – 5
* It reveals that the largest group of customers is the age group of 20-30 years which
constitutes 79%, 9% of customers are in the group of 30-40 and above
40. The lowest percentages of customers are below the age of 20.
* It shows that 98% customers are use the smart phone regularly and rest of 2% are
not use regularly.
* It prove that 80% of customers are owned the Redmi phone before a year and
15% of customer owned between 6 months to 1 year, another 5% owned in last
6months.
* Out of 100 respondents 54% of them use smart phones mainly for social media.
Followed by 28% respondents who use phones for calling, where as 8%
respondents for gaming and rest of them used for browser, emailing and other
activities.
* It reveals that out of 100 respondents 45% prefer Redmi phone of its price, 37%
prefer of its quality, 10% prefer of its design of the phone and 8% have no opinion
why they prefer the Redmi phone.
* The majority 73% of customers use the Redmi phone in the price range between
10,000-20,000,14% use below 10,000,10% of customer use the phone in the price
range between 20,000-40,000 and only 4% use the price range between 40,000-
60,000.
* The study identify53% of respondents agree that the phone is worth the cost and
16% of them strongly agree the same. Rests of them 28% respondents have neutral
opinion and 2%, 1% are strongly disagree and disagree respectively.
* 39% of the Redmi phone users are agreed with the customer service, while 32%
are neutral, where as 15% of customer are strongly agreed with their customer
service.
* It reveals that 51% of respondents agree with Redmi phone offering wide variety
model of smart phones.37% are neutral ,while 9% are strongly agree and 2%,1%
are strongly disagree and disagree
* It shows that 46% of respondents phone last for more than 1 and 2 years, where
6% of respondents phone last less than 1 year and 2% of respondent phone last
less than 6 month.
* Majority of respondents came to know about the Redmi Smartphone from friends
and relatives.
* It reveals that 29% are agree with Redmi phones quality and features, 34% of
them are neutral, while 18% are with strongly agree .
* It shows that 47% people attracts the online offer,27% attract discount and 26%
attract other promotional activities
* Out of 100 respondents , 87% recommend Redmi phones to friends and relatives,
13% are not interested to recommended to friends and relatives.
* It revelas that 35% expect an improvement in heating issue and 30% in quality of
camera.25% are expect to improve in battery life,while 10% are expect to improve
other features.
* It is clear that 34% uses of Redmi smartphones are satisfied with the price and
36% are highly satisfied .only 3% were highly dissatisfied.
* It shows that 54% are satisfied with the design, 29% have neutral opinion and 16%
are highly satisfied with design. Only 1% have highly dissatisfied.
* It reveals that 37% rated as satisfied to the battery performance of Redmi phones,
where 36% have neutral opinion and 22% are highly satisfied.
* Out of 100 respondents 53% are satisfied with Redmi phone clarity, 8% have
neutral opinion and 13% rated as highly satisfied while 6% have negative
responds.
* It states that 37% are satisfied with internal memory and 26% are highly satisfied ,
where 24% are neutral.
5.1 SUGGESTIONS
Based on the findings of the following suggestions are put forwarded,
* More importance should be given to resolve the heating problem which is a major
trouble faced b customers.
* Improve the camera performance in the upcoming launches.
* As majority of respondents had purchased their smartphones through online
platform there for the company should avoid flash sales as it actually pulls back
the customers from the product.
* The company should ensure the availability of product in offline markets also, in
order to make it available for the customer who has limited access to online
facilities.
* Company should take step to span the battery performance of the smart phones.
* Company wants to invest in advertisement to increase the customers.
5.2 CONCLUSION
There was a time when Chinese products were considered cheap and not
durable in India, those times are long gone. Now, especially in the smartphone market
Chinese companies are finding their feet in the Indian market. They have started to
firmly root themselves and push away the competition around them. Winning
consumer confidence was one of the major breakthroughs that have helped Chinese
smartphone manufacturers to gain ground.
India is an extremely important market for Redmi
globalization strategy. It was very important as Redmi during brand equity as well as
market share in the country, and its efforts were validated in the recent report from
Indian Market Research Bureau were it was declared as the company that offers best
in class service delivery.
In the 21 st century most businesses have begun to transact
online and buyers no longer need to go out from their house and go through all the
hassles just to buy certain products. Redmi took advantage of the changes in the world
of internet and succeeded. Innovations, correct pricing and understanding of the
market place are the reasons for Redmi’s success. The company does a lot of
innovation on both the software and hardware side. By understanding the market
requirements Redmi scaled up the ladder of success.
From the study on customer satisfaction of Redmi
Smartphones, we can arrive at the conclusion that it provides high level of satisfaction
to its customers. The respondents are satisfied with their Redmi smartphone. This
study reveals that majority of the respondents are satisfied, only few are not satisfied
with Redmi Smartphones. In the upcoming launches, by making improvements in
Camera Quality, resolve heating and other defaults observed in this study, Redmi can
conquer Indian smartphone market in future. Nonetheless the study conducted among
100 Redmi smartphone users through Questionnaire designed to find their level of
satisfaction and purchase decision, on basis of which some suggestions are provided
which implemented, can definitely improve the level of satisfaction and purchase
decision.
BIBLIOGRAPHY
BIBLIOGRAPHY
Books
* Jill Griffin “Customer Loyalty: How to Earn It, How to Keep It” Gower
publishing ltd 2000
* Jeffrey Gitomer “Customer Satisfaction is Worthless, Customer Loyalty is
Priceless: How to Make Customers Love You, Keep Them Coming Back and Tell
Everyone They Know”
* Jim Alexander and Nigel Hill “The Handbook of Customer Satisfaction and
Loyalty Measurement” Bard press 1998
* Marketing Management, CzinkotaKotabe, second edition
* Marketing Management, Philip Kotler and Kevin Lane Keller, 12 th edition
Marketing Management, Philip Kotler, 15th edition
Journals
* Vipan Bansal and Bindu Bansal (2013) "customersatisfaction of Mobile phone
serviceusers operating in Malwa Punjab"
* Dr.T.N.R.Kavitha and Mr.R.Mohana Sundaram(2014) "A Study on
customersatisfaction towards Samsung towards Samsung Mobile Phone inErode
City.
* Singh (2011) “mobile phone satisfaction survey in Punjab”
Site
* https://en.wikipedia.org/wiki/Redmi#:~:text=Redmi%20is%20a%20sub%2
Dbrand,range%20and%20flagship%20Mi%20phones.
* https://www.google.com/search?q=business+objectives
* https://en.wikipedia.org/wiki/Customer_satisfaction
APPENDIX
QUESTIONNAIRE
* Name:
* Age:
Yes No
* For which of the following activities you do use the phone most?
Phone calls
Social media
Games
Emailing
Browser
Others
Due to price
Due to quality
Due to design
I don’t know
I don’t choose it
* What is the range you are willing to pay for Redmi phones?
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
* Is Redmi phones have excellent customer service (like convenient repair location,
reasonable repair charge)
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Advertisement
Price discount
* Are you satisfied with quality features of the phone ?
Strongly disagree.
Disagree
Neutral
Agree
Strongly agree.
Online offer
Discount
Others
Yes
No
Reduce heating
Others
* For the following attribute, give ranks according to your preference (highly
dissatisfied-5,dissatisfied-4, neutral-3, satisfied-2, highly satisfied-1)
5 4 3 2 1
Price
Design
Battery
charge
Clarity
Storage
space