Rishabh Jain Summer Training
Rishabh Jain Summer Training
ON
Bussiness Devlopment & Customer Satisfacation
Submitted To
DEPARTMENT OF MANAGEMENT
STUDIES
TABLE OF CONTENT
Company Profile
Literature Review
Research Methodology
Findings
Conclusion
Suggestions or Recommendations
Limitations
References/ Bibliography
Annexure
STUDENT DECLARATION
I Rishabh Jain hereby declare that the research work presented in this project
report entitled “Business Development & Customer Satisfaction ” for the
fulfillment of the award of Master of Business Administration from TMIMT,
Teerthanker Mahaveer University; Moradabad is based on Summer Training. The
Summer Training embodies the result of original work and studies carried out by
me and the contents of the project do not form the basis for the award of any other
degree to me or to anybody else.
Name: Rishabh Jain
MBA 3 SEM SECTION-B
Roll No. : TMG1802027
ACKNOWLEDGEMENT
I would like to thanks Principal Prof. (Dr.) Vipin Jain and HOD-Management
DR. Manoj Agarwal for his able guidance. I also extend my gratitude towards
Course Co-ordinator Mr. Mohit Rastogi (Project Incharge), who entrusted me for
the completion of this project.
Executive Summary
Edumonk Foundation
INTRODUCTION
This report has been made as the course requirement of Internship in MBA course.
The topic for this report has been chosen by my both supervisors, organization’s ,
Supervisor’s Name
Manish Patel
Designation - ( Founder & CEO )
Email ID – [email protected]
Mobile Number - 9643754311 ,
As an intern I have little to contribute for the organization. My topic was research
based so I had
to conduct a research on which strategies Edumonk used in past, is currently using
and will be used in future through Business Development to earn customers’
satisfaction and to expand market share.
Who is the customer?
Intermediate Customer
Intermediate Customers refers to those organizations or an individual who
act as a middleman that is liaison, dealer or a distributor between the
supplier and the consumer. They are considered as those dealers who
purchases the goods and services for the purpose of resale.
Ultimate Customer
These are the customers who are the final consumers that means they buy
the product or service when it is provided in its final form. These
customers bought the goods for either passing it to the consumers or for
their personal consumption.
Both the customer and the consumer are two different terms as of being a
confused words. A customer may or may not be called as a consumer as a
customer is one who purchase the goods but the consumer is to consume
it.
A customer becomes a consumer then only when he purchases goods and
services for the purpose of consumption for himself but it he purchases
goods and services for resale purpose he may not be called as a consumer.
Every businessman must needed to study about the customers because at
the present time customers are the king to grab the position in the market
it is necessary for every businessman to satisfy the customers too. There are
different types of customers are present in the market that is existing
customers.
Customer Satisfaction:
Customer Satisfaction is the marketing tool that helps to measure how
products and services supplied by a company out reaches the customers
expectations.
It indicates the fulfillment of the customer desire’s or expectations that
drives from using the product. In others wards, it shows how happy the
customers is while purchasing the product form the company or up to what
level the customers may be satisfied.
Client fulfillment can be defined as an for the most part estimation of
execution based on all earlier encounters with a firm and has been
connected to a firm’s execution and wellbeing of an association.
In a competitive era, where business are fighting with each other for the
customers, a customer satisfaction can be seeing that a type of differences
and rapidly turn into a type of factor of production policy. In any
organization, consumer approval rating could has been a controlling impact.
These meeting point of workers on the need of satisfying consumers
desire’s and expectation as it leads to the sales and profitability of the
business to a great extent.
A survey on customer satisfaction has been done to assess the aspects of
customer care. And this survey provides a snapshot of customers opinions of
one’s product. One of the major objective of any organization is that
customers and families are highly satisfied with their entire experience in
their customer visit.
Within the organization a survey based on customer satisfaction may be
able to demonstrate that a practice is focused on the quality and on
improving their customer services. It may help to lead to a better quality
product and happier customers.
Marketing:
Promoting is an organizational purpose and a set of process for making,
communicating, and conveying cost to consumers as well as organizing
consumer interaction during behavior to advantage the organization with it
stakeholder.
Marketing is a common procedure in which person and group acquire what
they want as well as desire throughout creating, offering, and freely
exchange goods and service of cost by others.
Marketing Strategy:
Marketing strategy is a process that consent to an organization to focus on
the strategy of the market to capture the large number of economic sales
and try to get away to the wide number of customers and get the
maximum profit. The different segmentation are needed to do the
proper market strategy.
Market strategy are done to achieve the goal of increasing sales in the
economic. Market strategy is a long term process or activity which is very
essential for the market field. That deals with the analyze strategy early
condition of the business friendship, formulation, appraisal, collection of
market customer oriented strategy and try to contributes to the goal of the
business and its advertising objective.
2. Analyze Market:- It means the company try to analyze (find out) the
market / area, where is an increment of customers who are willing to
buy the good quality products and services for them.
4. Research
5. Define Marketing Mix:- There are four P’s of the marketing strategy.
PRODUCT: Product is a goods and services, and ideas consist of
touchable or indefinable attribute to satisfying consumers and is
established in replaced for capital and price.
6. Financial Analysis:- The company should find out the criteria of the
customer income and expenditure related to the buy the product.
Edumonk Foundation's Annual General Meeting (AGM) was last held on N/A and
as per records from Ministry of Corporate Affairs (MCA), its Balance sheet was
last filed on N/A.
Directors of Edumonk Foundation are Manish Patel and Prashant Agrawal.
CIN U80904UP2017NPL098780
Company Name EDUMONK FOUNDATION
Company Status Active
ROC ROC-Kanpur
Registration 98780
Number
Company Company limited by Shares
Category
Company Sub Non-govt company This is the most famous
Category logo of Edumonk
Foundation
Class of Private
Company Company Details
Step 2 – Get Career Recommendations : Identify the best 5 careers from a list of
hundreds of them to find out what is relevant for you.
Step 3 – Resolve All Your Queries : Get answers to all your career related
queries through all-round expert support over call, emails and chat.
Step 2 – Choose the right course & college : Shortlist the right course & college
for reaching the aspired career goals with the help of career experts.
Step 3 – Build your career plan : Create a detailed career path and short
milestones to achieve at every step of your career journey.
EDUMONK PROGRAMS
We conduct online as well as offline self development programs crafted using the
Fingerprint Analysis & Spiritual Mindmapping Techniques combined with the
prediction power of Data Science, Machine Learning & Artificial Intelligence to
deliver career and intelligence insights like never before. It is created for
individuals belonging to different age groups to map their intelligence with our
proprietary Mind Analysis Test Self Intelligence Discovery Certification And
Training (SIDCAT)
SIDCAT For Undergraduates & Graduates.
SCHOLAR CREDITS
“Unique Way To Fund Students For Higher Studies
With Earning & Learning Opportunities Through Challenges”
Abstract
If we talk about India, we would like talking about our system which is as old as
the British Rule over here. There is a urgent need of imparting global standards of
education in these institutions through student exchange programs and upgradation
of their curriculum. These differences in imparting intelligence to people in a
fragmented approach over communication, interaction and operations has brought
us down to a depreciating economy. If we measure it at a global scale then the
whole human race seems to be a decade behind its original potential of achieving
something together if the intelligence would have had been on a shared ledger
accessible to all instead of residing under surveillance of large corporates and
councils.
See the Tesla story for example and there are numerous others which showcase the
height of foolishness and misconduct we have done in the past.
By the way there are many people discussing the same problem here and there but
we will try giving a shot to solve it till extent we can do it together.
The primary concept is that life is a challenge and if we want all of us to lead a
happy life in future, we must train our mind and actions to be challenge friendly
and problem solving.This is the reason our primary focus is to build the
community where people can host peer to peer learning, work as well as fun
challenges. Challenges you get to solve can be of any type depending upon your
POI Ratings and the more you solve, better is your POI Reputation which is
applicable and credible to be recognized worldwide as you have immutable
records of submission on a blockchain accessible to all the stakeholders in the
community.
The age old processes and methodologies used in imparting education, conducting
assessments and rewarding talents has become obsolete in this highly connected
global village where everything is so interconnected that its very difficult to keep
oneself from another.
The nature calls for an immense amount of innovation and paradigm shift in the
way humans are educated all across the globe. We need a very accurate and
transparent system which rewards every individual on mother earth with monetary
as well as social rewards on the basis of their Proof Of Intelligence(POI) Ratings.
Innovation and development as a globally accepted solution with the help of POI
protocol where intelligence is mapped, shared and rewarded on a publicly
accessible ledger. The actors in the system responsible for deciding how they
measure, share and reward intelligence among each other builds a perfect
knowledge pool making a long-term sustainable funnel with immense growth
opportunities for everyone in the community.
New talent scouting and recruitment is focused more and more on empirical
evidences of your intelligence (the “what”), the way that you apply them (the
“how”), and what really drives you (the
“why”). Tangibilizing human intelligence that are the basis of work behaviors
such as problem-facing, solutions analysis, and team roles, is a key factor in order
to meet the needs in this fast-paced environment.
There are no limits to the intelligence you can demonstrate, share and scale using
POI protocol. Its like a web of trust where we know the intelligence behind every
creation, imagination and processes around the aura. Edumonk fulfills this new
idea of no limitation of possible intelligence you can develop, proof, share and
use.
With this protocol Edumonk aims to build a distributed, meritocratic, transparent
and unified platform to assess, validate and empower human and machine
intelligence.
It is a result of more than two years working in new ways of curating talent, and
working closely with the needs of students, educators & employers of the whole
econosystem:
Edumonk reinvents how talent gets access to work and work gets access to talent
in an open econosystem where meritocracy, transparency and decentralization play
together to disrupt and change the way humans educate humans. We as humans
should rethink how we should be educated and the best way is to think it together
sharing each other’s intelligence over a highly secure, decentralized and globally
recognized, Proof Of Intelligence(POI) protocol.
Application layer: The layer where IDapps can participate and benefit from the
econosystem on top of the POI protocol.
Blockchain layer: The Ethereum protocol has been chosen as the technological
platform for creating Scholar Credits Token, Proof-of-Intelligence protocol and
smart contracts. The POI Protocol sets the standards to create a cross-platform
econosystem where:
● Any IDapp on top of the POI protocol will be able to add any new
intelligence to the
Blockchain, if accepted by the Edumonk community (proof-of-intelligence and
Scholar Credits Token
holders’ vote), in order to ensure the evolution and adaptability of the POI
protocol over time (new
jobs, new relevant skills, new priorities…).
● POI Raters will get Scholar Credits in exchange for their ratings.
● Scholar Credits will allow the access to the services of any IDapp on top the
POI protocol.
Students
Students are the centre of this model. This becomes a one stop platform for finding
universities/colleges relevant to the students and professionals for higher
education and get industry exposure through working on challenges hosted by
different startups & entrepreneurs around the world. This helps them build their
talent brand by earning POI ratings & Scholar Credits. This platform becomes a
very good earn while you learn opportunity for the students where they can solve
challenges, gain POI ratings to validate their intelligence and earn Scholar Credits
as rewards.
Institutions
It will give them global access to Student and agents in more than 160 countries
with
Startups/Entrepreneurs
Startups solving problems for the community and businesses thriving around them
have 4 main objectives :-
1. To solve problems of their industry in the best possible way.
2. To maintain and improve the strength & quality of their team
3. To escalate the ROI and LTV of their resources & customers.
4. Decrease the overall expenses of their organisation by optimising the
processes involved in their day to day operations.
Edumonk would solve these problems without disturbing the startup’s existing
processes, relationships, strategies, and structures.
Admission Consultants
1. Lack of options to promote : Its very difficult suggesting and providing the
options to the students they really want.
2. Complexities in counselling and remaining up to date with courses and
developments in this field.
3. Lack Of Intelligence - Agents too get tricked by students and institutions in
the lack of proper end-to-end knowledge.
4. Inefficiency in maintaining the contract between them and the institutions
they are working for.
Edumonk will issue an ERC20 compatible token, which will be used to provide
incentives to students and contributors of the platform in the form of Scholar
Credits. The sale of Scholar Credits will be final and non-refundable. Edumonk
will not be responsible for any loss of Scholar
Credits or situations making it impossible to access Scholar Credits, which may
result from any actions or defaults of the user or actually person undertaking to
acquire Scholar Credits, as well as in case of hacker attacks.
Some of the numbers may change due to ETH/USD exchange rate volatility, but
the following numbers are best estimates as of June 2018.
• Maximum financing: 30,000 ETH - may change due to exchange rate changes;
• Minimum financing: 550 ETH - may change due to exchange rate changes;
• Exchange rate: 1 ETH = 10,000 Scholar Credits - may change with ETH
exchange rates; • Token contract address: Will be published only on website
edumonk.org 48hrs before the crowdsale launch date;
• Launch date and time: Date to be announced soon. Block number will be
published on website. Dates may be prone to change; • Token launch time-
frame: 30 days.
• Token launch completion: Token launch will end when either the maximum
number of ETH is raised or 30 days have passed. If less than the minimum of
ETHs are raised, ETH can be retrieved by holders of BitDegree Token;
• Contributors sending ETH to Edumonk Smart Contract address will immediately
receive tokens.
Scholarships - Scholarships pool will be used to incentivize users to participate in
the POI ecosystem in the early days of its operation. No new tokens will be
created once the user growth pool is exhausted.
Budget Allocation
• Scholar Credits Platform: 30% of budget. The team consists of over 10 engineers
and MOOC experts fulfilling the key roles in the company – sales, marketing,
legal and others. This financing allows the rollout and operations of the Scholar
Credits platform; • Courses development: 30% of budget.
Token Distribution
• Edumonk Foundation: 66 million (locked for 360 days);
• Scholarships pool: 165 million;
• Token available to public at launch: 336,6 million;;
• Team: 66 million (locked for 720 days);
• Advisors / Partners: 13,2 million (locked for 160 days);
• Bounties : 13,2 million; • Tokens in total: 660 million.
Finance :
This department is responsible for coordination of various finance and Fund
management
activities of EduMonk Foundation. This Includes LC and purchase fund
Management payment of deposit paid by customers, cash flow management, and
insurance cost management, forecasting and budgeting, negotiating with Banks
etc. Different sections under this department are Commercial, Fund Management,
and Budgeting.
This department also looks after the functioning of Colleges from where
Universities and all sorts of stationeries are issued.
Human Resources:
Human Resources Department functions in the following distinct sections:
EduMonk , believe that our teamwork is our greatest asset. Useful contributions
made by each individual bring us that much closer to our goals. The Edumonk
family is made up of a group of passionate individuals, uniquely qualified from
diverse disciplines but working towards our vision.
Billing and IT :
Billing activities include bill generation, dispatch of bills and risk management.
The bill generation area is responsible for the actual process of preparing the bills
for the customers and sending those bills at the necessary time to allow for
delivery time and payment by customers. IT section provides all sorts of systems
or technical support .
Competitors
EduMonk made a revelation in the career counceling sector. City cell was the first
to start
Career Counselling business in Uttar Pradesh in 2017. Manish Patel and Prashant
Agarwal started their business from 2017 & present. The service charge is less but
the facilities were more. EduMonk made the history by inviting variety of services
at a very cheaper rate.
Center for Career Development
Ansh Education Consultancy
Career Pathshala
D&B Counsellor
Hopes Counselling Centre
An MBA graduate from one of the top business institutes of India, Faculty of
Management Studies (University of Delhi), is the Founder and Director of North
India’s top most career counseling & study abroad firm, Centre for Career
Development, located in Delhi. For 5 years he has worked with multinational
companies like ICI (paints division) and North India’s largest Media group like
Hindustan Times, till he discovered his knack for entrepreneurship. With the aim
of providing simple but detailed & scientific career counseling, Centre for Career
Development, started on its journey of transforming the lives of talented students
by guiding them on the correct career path.
On the socially responsible side, he has worked with NGOs like Smile foundation,
Cankids, Palna, SOS childrens’ village of India as well as associations like
Maheshwari samaj, YMCA, Delhi Malyalee association. Additionally, career
meets have been organized with Rotary clubs and few government departments
like SCERT.
Market Share
Centre for Career Development Edumonk Foundation Career Pathshala
Ansh Education Consultancy Hopes Counselling Centre
10% 5% 5%
40%
40%
Company Name/
Donation rate Maximum Minimum
1.Centre for Career 3,00,000 2,50,000
Development
2.Edumonk Foundation 2,00,000 1,00,000
3.Career Pathshala 2,50,000 1,50,000
4.Ansh Education 2,80,000 2,00,000
Consultancy
5.Hopes Consultancy 2,30,000 1,40,000
Market Needs
like the counseling problem and visite problem system. Edumonk recruits high
professional
employees and experts to available for the customers. It is the company which
expands its network all over the country within the shortest period of time after
starting its
Customer Service: Edumonk has both online and physical customer care
service for its
customers. The valued customer can solve the problems over mobile phone dialing
help line number. It has
also customer care service all over the country mainly in the city areas. But the
centers are more
to meet the huge demand. Now at this Edumonk is expanding its customer care
centers
and upgrading its quality. Edumonk is committed to meet the customer demand
and problem as
soon as possible.
Service at Low Price: Before Edumonk starts its operation the tariff was
higher than any other
period. At that time the companies charged 3,00,000-4,00,000 lakh for per
admission counseling but Edumonk not take the more donation , its focus
on the only quality of the service . But the company was committed to
provide quality service at a lowest price.
As a result Edumonk is the fastest growing educational company in Delhi.
This is because of providing quality service at a lowest price.
3. Online Media(Internet)
They also use personal or direct marketing only for their corporate client’s
usage.
PROJECT PART
Literature View
I have already discussed about my report’s topic. As it is based on Business
Development and Customer Satisfaction Policies, we have to understand
what are Business Development and Customer satisfaction and things
related to it like Consumer Behavior. All these are described below :
Consumer behavior has changed dramatically in the past decade. The term
consumer behavior is defined as the behavior that consumers display in
searching for, purchasing, using, evaluating, and disposing of products and
services that they expect will satisfy their needs.
Consumers are the main assets of any company. Every company need both
things- earn profit and satisfied their customers through their products. It is
very hard to find out whether the customers are fully satisfied or not. The
behavior of consumers changes over time and whenever there is new or
different products in the market consumers may changes their behavior
toward existing products.
If any company wants to keep their customers for long time and make them
loyal to their products every company have to understand their customer’s
behavior. It is very important to understand the behavior of customers and
then providing the products or services according to the customers need and
wants.
Types of consumer
1. Personal Consumer: Who buy goods or services for his or hers own use,
for the use of
households, or as a gift for a friend.
agencies, and institutions, all of which must buy products, and services in
order to run their organization.
Consumer behavior was a relatively a new field of study in the mid to late
1960s.Marketing
To form the basis of this new marketing discipline All these factors
combine to form a model of consumer behavior that reflects both the
cognitive and emotional aspects of consumer decision making.
EDUMONK FOUNDATION
When it comes to your customer service, their psychology plays a key role in how
they perceive your business. Your customers want to be heard all the time,
especially when they are concerned about your product or service. When they
express, let them complete what they want to say, read in between the lines and
then ask relevant questions if you have any, reconfirm your customer’s concerns
so as to avoid any miss-communication in future
Customers need to feel important. They want to see the efforts being made. They
would surely appreciate the initiatives you and your staff have taken or taking to
solve their issues and accommodate their request regardless if they can
accommodate them or not depending on the company’s policies.
It’s very important to know that customer interaction is a crucial part of sales lead
generation. As it can either make or break your sale and turning point to construe
whether or not your customer going to show up again. Follow these simple rules to
make a long-lasting impression on your client.
b) Next, ensure you are making eye contact with the customer. Eye contact
shows that you’re ready to engage them and ready to help them. In some way, it
proves you care about their opinions.
Consult your company policies, invoices; take a look at the customer’s history,
whenever you need to come up with a concrete solution. Many times you have to
get creative and do things that you may not have thought of before or have not
done before. If your client is very much dissatisfied with your service and there
are no slightest chances to come up with a solid solution then all you can do is to
refund the funds paid by them, if any. However, such incidences should not
happen on a frequent basis, in such case you might want to conduct customer
service/relation training in the company and turn over the whole approach towards
the customers.
You need to make sure that the customer is a hundred percent satisfied once their
issue has been resolved. Review the remedies with them time again and again until
you both are on the same page.
You want to make sure each of your customers had a great experience with the
kind of service your company has provided. Your brand’s reputation depends on it
and ultimately affects future business. After sales service is as equally important
as serving the client. We need to make sure that we are interacting with them on a
regular basis as it is good for business reputation, expansion through referral
business. Call asking them one or two questions about the experience which they
had while working with you or you can send an email thanking them for their
business or wishing them on their important days, like birthday, anniversaries, etc.
Therefore, we should keep in mind if customers receive good service ‘this time,
next time, every time’; they are more likely to come back again and not to mention
with more business opportunities.
On above discussion we have got a clear idea about the four Units of Business
Development and Customer Satisfaction and their Responsibilities, Process of
working, and policies practiced by them. Business Development Customer
Satisfaction Policies practiced by Edumonk Foundation are given below.
actions.
5. Finding out popular Print and Electronic media where Edumonk can give
their
Executive Level
Student / Interns
The hierarchy of the Edumonk Foundation is in the figure. The first level of the
Management level is take the decision from the Edumonk activities and the take
the order to executive level to execute them.
The second level of the Executive level is the implement the decision of the
management level .
Third level of the Student / Intern is the complete our interns period in the office
and according to our time schedules 1 months ,2 months ,etc. and oue
requirements.
Justification:
The behavior of the customers in service from Edumonk Career Councelling
Company is
unknown because there are many this type of company in this country are offering
different
attractive things and providing so many different services. a And different types of
customers
prefer different type of company for their providing service and facilities. And
those customers
who are now take admissions from Edumonk may switch to another company in
near future for
the providing new and better services of that company.
Sample Size 50
Research Methodology
To complete this report successfully I have to follow some methods. These are as
follows:
Research Type: This research is descriptive in nature
Sampling Plan: The sampling for this research is as follows:
1. Sampling Frame: The research was conducted in different parts of Delhi city.
2. Sampling Element: Mostly all career development company Established in
Delhi city were selected as sampling element.
3. Sampling Procedure: For the research I have used non probability
Convenience sampling technique.
4. Sample Size: My sample size for this research is 50.
Sources of Data
Data were collected from two sources. They are as follows:
1. Primary data: Primary data were collected directly from the customers enquiry
to company websites. I have asked some questioned to them and use their
responses as primary data.
2 Secondary data: The secondary data were, company’s Business Review Report,
Marketing Report, information from internet etc.
Data Analysis
For analysis of data MS Word, MS Excel has been used. Parametric and non-
parametric
statistical tools has been used to derive a meaningful conclusion from the
empirical data.
Findings
behavior and things related to it.
Table 1 : BUDGET
Frequency Percentage Valid Cummulative
%age %age
valid 1lakh- 25 50 50 50
2lakh
2lakh- 15 30 30 80
3lakh
3lakh- 8 16 16 96
4lakh
4lakh- 2 4 4 100
5lakh
TOTLE 50 100 100
BUDGET
1 lakh-2 lakh 2 lakh-3 lakh 3 lakh-4 lakh 4 lakh-5 lakh
17%
4%
53%
26%
ANALYSE : From the frequency it can said that 25 respondents that means
almost 50%
respondent’s budget are above 1lakh-2lakh , 15 respondents are between 2lakh-
3lakh. 8 respondents are between 3lakh-4lakh. And 4 respondents are in between
4lakh-5lakhs.
Table 2 : NEET Marks
Percentage Valid Cummulative
Frequency %age %age
Negative - 0 13 13 13 13
0-150 8 8 8 21
150-300 20 20 20 41
300-450 18 18 18 59
450-600 25 25 25 84
600-750 16 16 16 100
Totle 100 100 100
Neet Marks
Negative -0
0 - 150
150 -300
300 -450
450-600
600 - 750
ANALYSE : From the frequency table and graph it can said that 25 students are
obtained the 450 -600 between marks and the more less 8 students obtained the 0
– 150 between marks.
Table No. 3 :
Client Interest
Intrested
Non-interested
Drop
Intersted
Non-interested
Drop
Client Interest in Abroad
Interested
Non-intersted
Drop
1. Most of the customer’s budget is 1 Lakh – 2 Lakh . Its mean 30-40% customers
are in this
group.
2. Most of the customers are service holder and their percentage is 40%
3. Most of the customers are using online service now.(30%)
4. Half of the respondents are using services (21%) and other half are using only
the career knowledge .(19%)
5. Majority of the respondents are like to use telephonic connection.(10%)
6. Most of the respondents said yes that online service is better than visit office.
(18%)
7. Customers like to use Edumonk services most (40%), as well as Career
Pathshala services used to
(10%).
8. Quality of the product (100%) and low price (100%) are the main reasons of
complete the counseling through the Edumonk .
9. Majority of the customers said that most of the cases Father of the student takes
the
decision for Counselling. (23%)
10. Most of the time customers do influenced by their friends to buy the product.
(12%)
11. Maximum respondents think that television media helps them most to know
about the
brand.(80%)
12. Half of the respondents think that this type of service does their many process
of counseling.(10%)
13. Almost every customers trust on buying the company over the career
counsellors. (87%)
14. In deal of the customers , deposit money is very important part. And,
maximum
respondents think that the deposit money system is more reasonable. (05%)
15. Giving offers that are more effective is main reason to switch their service,
most of
the customers think that. (02%)
Conclusion
After analysis the whole report I can conclude that as the aspiration statement
Edumonk Foundation as a novice carrer development company has improved its
condition within a very short time. It was done because of the right and proper
marketing policy of the company. The marketing plan of the company has proven
right for the organization because it’s spreading its business gradually.
But still it’s not the biggest Career development company in the country.Centre
for the career Consultancy is the leader in the market and Edumonk has got lot of
aspect to improve the situation. So be the market leader Edumonk Foundation
must be very careful in the field of marketing plan and the success of the company
is a matter of subject that how they are implementing the plan.
As a result the Business Development and Customer Satisfaction Policies
implementation consumers’ behavior towards Edumonk is very positive and their
satisfaction level is very high.
The consumers of services are preferred The Edumonk most. The consumers
believe that Edumonk provides high quality product, but the service rate are not so
high. Consumers are mainly got information from television, internet ads.
So, at the end I can conclude that Edumonk Foundation is one of the finest
companies in Country. They provide high quality of product and consumers are
satisfied with Edumonk’s products they
take, especially online services. Consumers are satisfied by Edumonk type
category
Suggetions
As Edumonk Foundation is one of the reputed companies in Delhi , there are very
little to recommend about their products and services. Edumonk has very low
service rate and their price is also very low. But customer likes to services their
online because they can get it from their home. If they do some attention to their
network system I think they can get more customers. Another thing is most of the
customer get information about it from internet ad; they should give more
billboard ad because billboard is now a popular media part. Some
recommendations given below
A. Should make strong their network system.
B. Callers should have more convening power.
C. Should more careful about customers surety.
D. Deposit money should be low.
E. Should give any special offer to their high users.
LIMITATION
The best effort have been made to make the study fair transparent and
error free yet there might be some inevitable and limitations. Although
outright measures area undertake to make the report most accurate some
inadvertent errors might have crept in and suggestions in improve or
eliminate the same are most welcome.
The limitations of the survey are narrated below:
The project is valid for the predefined area of work Delhi &
Dehradoon .
There may be some biased response from the respondents.
Some respondents did not provide the full data.
Due to different RTO norms, the response of people might differ
from those of other cities and state if any.
it's miles hard to recognize if all of the respondents gave accurate
records; some respondents have a tendency to offer misleading
information.