A Report ON: Study of Customer Satisfaction With Reference To Amazon
A Report ON: Study of Customer Satisfaction With Reference To Amazon
A Report ON: Study of Customer Satisfaction With Reference To Amazon
ON
Submitted To:
School of Business
(Submitted in partial fulfillment of BBA curriculum of the The Assam Kaziranga University)
Submitted By:
Nancy Karnany
BBA
SB17BBAGN040
2017-2020
AMAZON
Acknowledgements
Executive Summary
Chapter I Introduction
Chapter II Data Analysis and Interpretations
Chapter III Observations and Major Findings
Chapter IV Conclusions and Suggestions
References
ACKNOWLEDGEMENT
This project takes a look at consumer satisfaction with references to Amazon online
shopping. Online shopping is nowadays used everywhere or in every corner of the world, as it
make easier for customer to choose different variety of product. All these information has
been collected regarding the project through primary and secondary data. This report
highlights on the understanding the reason of consumer preference towards online shopping
used popularly nowadays from the questionnaire and the data collected from internet and
other resources. The limitation of this thesis is sample size i.e. only 60 respondents. The
methodology adopted by me for this thesis is to conduct a survey. I have prepared
questionnaire for the survey. The finding of the thesis is that customer is interested in product
and services given by Amazon.
INTRODUCTION
AMAZON.COM
Amazon.com, Inc., doing business as Amazon is an American electronic commerce and cloud
computing company based in Seattle, Washington, that was founded by Jeff Bezos on July 5,
1994. The tech giant is the largest Internet retailer in the world as measured by revenue and
market capitalization, and second largest after Alibaba Group in terms of total sales. The
amazon.com website started as an online bookstore and later diversified to sell
video, MP3,audiobook, software, video games, electronics, apparel, furniture, food, toys,
and jewelry. The company also produces consumer electronics—Kindle e-readers, Fire
tablets, Fire TV, and Echo—and is the world's largest provider of cloud infrastructure
services (IaaS and PaaS). Amazon also sells certain low-end products under its in-house
brand AmazonBasics.
Amazon has separate retail websites for the United States, the United Kingdom and Ireland,
France, Canada, Germany, Italy, Spain, Netherlands, Australia, Brazil, Japan, China, India,
and Mexico. In 2016, Dutch, Polish, and Turkish language versions of the German Amazon
website were also launched. Amazon also offers international shipping of some of its
products to certain other countries.
In 2015, Amazon surpassed Wal-Mart as the most valuable retailer in the United States by
market capitalization. Amazon is the fourth most valuable public company in the world
(behind only Apple, Alphabet, and Microsoft), the largest Internet company by revenue in
the world, and after Walmart, the second largest employer in the United States. In 2017,
Amazon acquired Whole Foods Market for $13.4 billion, which vastly increased Amazon's
presence as a brick-and-mortar retailer. The acquisition was interpreted by some as a direct
attempt to challenge Walmart's traditional
retail stores. In 2018, for the first time, Jeff Bezos released in Amazon's shareholder letter
the number of Amazon Prime subscribers, which at 100 million, is approximately 64% of
households in the United States.
1. Global reach
2. Customer-centric approach
Amazon’s mission statement is “We strive to offer our customers the lowest possible prices,
the best available selection, and the utmost convenience.” This corporate mission promises
attractive e- commerce services to satisfy target customers’ needs. The company focuses on
the variables of price, selection, and convenience. In this regard, the following
characteristics are identifiable in Amazon’s corporate mission statement:
1. Lowest prices
2. Best selection
3. Utmost convenience
STATEMENT OF THE PROBLEM
We face many millions of problems when we entered into the world of online shopping.
Amazon also one of the online shopping applications site that nowadays reached to millions
of people everywhere. There are some problems that customer are deals with like:-
Delay in delivery of Goods and Products is also one of the problems that
affect the serenity of the customer.
The product which customers are choosing might be delivered wrong like,
different in color or design etc.
To study the gratification level of the Amazon customer based on the respondent
responses.
To evaluate and find out the factor that influences the customer complacency.
SCOPE OF THE STUDY
This research work will covered Amazon and also deals with the customers which are
regulars used to shopping from Amazon.
The study also covered the quality of the service and how they impact on the customer
complacency and for instant it come across with what factor that are accommodate and
enhance the satisfaction feeling of the customer on Amazon.
IMPORTANCE OF THE STUDY
The main importance to this study is to avoid some uncertainty fact that customer
face in online shopping.
When the research will be completed it will give an insight into a practical situation.
It will also indicate, how to conquered and overcome the problem while dealing with
the customer.
Finally, it is also intend to facilitate the efforts of Amazon to come out with good
quality service customer satisfaction strategies.
LIMITATION OF THE STUDY
This study conducted relating to the Amazon online shopping application, so the result
which we gather is only applicable for the amazon customers.
The response from the sample may be biased, or may contain cooked up from the
respondent.
Another limitation was the relatively short period and within which this research was
carried out.
Questionnaires method is used only for data collection and the limitation of the
questionnaire method is applicable to the study.
PRODUCT AND SERVICES
Amazon.com's product lines available at its website include several media (books, DVDs,
music CDs, videotapes and software), apparel, baby products, consumer electronics, beauty
products, gourmet ,food, groceries, health and personal-care items, industrial & scientific
supplies, kitchen items, jewelry, watches, lawn and garden items, musical instruments,
sporting goods, tools, automotive items and toys & games.
Amazon is now gearing up in India to play a role in the grocery retail sector aimed at
delivering customer needs.
AmazonFresh
Amazon Prime
Alexa
Appstore
Amazon Drive
Echo
Kindle
Fire tablets
Fire TV
Video
Kindle Store
Music
Music Unlimited
Amazon Digital Game Store
Amazon Studios
Amazon Wireless
Amazon site global availability
amazon.co.jp November
Japan 2000
amazon.it November
Italy 2010
amazon.nl November
Netherlands 2014
amazon.es September
Spain 2011
amazon.com.au November
Australia 2013
amazon.com.br December
Brazil 2012
DATA ANALYSIS AND
INTERPRETATION
RESEARCH METHODOLOGY
Sources of data collection:-
1. Primary Data
2. Secondary Data
Primary data are first hand information. Primary data is information that we collect
specifically for the purpose of research directly from the source .Secondary data are
second hand information. The data which have already have been collected and
processed by some agency or persons and are not used for the first time are termed
as secondary data.
In my research work, , I have used primary data, collected from questionnaire method via
Google forms survey. I have used secondary data from records of the company on the
Internet, whose component corresponds mainly to the company's website, magazine and news,
as well as articles and Observation method is used for collection of information for the
report.
For the purpose of analysis data as a way of comparing, contrasting and describing
such data, descriptive research statistics was used.
Table No 1.
S.No GENDER NO. OF PERCENTAGES
RESPONDENT OF
RESPONDENTS
1 MALE 28 47%
2 FEMALE 32 53%
TOTAL 60 100%
INFERENCE:
This table shows the numbers of males and females’ respondents, 47% of the respondents
were found to be males, with the females constituting 53% from the various area or places.
This means majority of the respondents were female.
Table No.2
INFERENCE:
From the above table the majority of the respondent are came from the age range of 20-.29.
Table No.3
INFERENCE:
From the above table the majority of the respondent was collected from the students with
a percentage of 40%, and the lowest response was collect from professional and house wife with
a percentage of 7%.
Table No.4
INCOME REPRESENTATION
INFERENCE:
From the above table 12% of respondent from the income range less than 20k, 20% from 20k-40k, 15%
from 40k-60k,17% from 60k-80k, 36% from above 80k.
ma
TABLE NO.5
INFERENCE:
From the above information given 53% of response collected from married customers, and
47% from the unmarried.
1
0
TABLE No. 6
1. How long you are using the product and shopping by Amazon?
INFERENCE: From the above table, the majority of the respondents say that they are using
the product of amazon for more than one year.
TABLE NO.7
INFERENCE:
From the above table 8% of respondent are spending everyday on online shopping and
20% of respondent are spending twice a month in online shopping.33% of respondent are
spending once a month on online shopping, and weekly once only 12% and 8% on everyday
basis.
1
0
TABLE No. 8
3. What are the main reasons you preferred amazon for shopping?
INFERENCE:
The majority of the respondent is that, the reason for preferred amazon shopping is based on
the fast delivery of the product to the customers.
1
0
TABLE No. 9
INFERENCE:
From the above table 33% of the respondent are spend around 1000-1500 for shopping on
amazon. And 8% respondents are spending around 500 rupees.
1
0
TABLE No. 10
INFERENCE:
From the above table customers are purchased product from amazon based on the
availability and the fair deal of the service.
1
TABLE No.11
6. What is the mode of payment you usually preferred the most?
INFERENCE:
From the above data usually customer are preferred cash on delivery, which is more
preferable mode of payment.
Table No 12.
INFERENCE:
From the above data 50% of the respondent response that online shopping is saving time and
20% says that they choose based on wide choices and 30% response that ease to find product.
Table no.13
8. What is the uniqueness in service of Amazon which satisfied you as compared to other shopping
Applications?
INFERENCE:
From the above information, majority of the respondent have says that due to the fast
delivery of amazon service is the uniqueness as compared with other online shopping
application.
TABLE NO.14
9. What are the sources which make you purchased product from Amazon?
INFERENCE: 0
From the above information the sources which makes the customers purchased a product
through amazon is Family and friend source.
TABLE NO. 15
10. Overall, what make you fully satisfied the most while shopping with Amazon?
INFERENCE: 0
From the above information, respondent are fully satisfied with the fast del very of amazon,
and quality of the product as well.
TABLE NO.16
INFERENCE:
From the above respondent the majority of the respondent are says that they are strongly
agree with the price of the product of amazon.
1
0
TABLE NO. 16
INFERENCE:
From the above information the respondent are strongly agree with the reasonable return
and exchange policy.
TABLE NO.17
13. So far, you got the product at the time estimated delivery given?
INFERENCE:
From the above interpretation the respondent are so far strongly agree with the product at
the time estimated delivery given.
TABLE NO.18
14. Instead of other shopping application, you are able to retain or regular customer of Amazon?
From the above interpretation, majority of the respondent have strongly agree to be a
regular customer of amazon.
TABLE NO.19
15. Based on your overall experience, are you fully satisfied with the service, product and other
commodities of Amazon?
INFERENCE:
From the above interpretation majority of the respondent are strongly agree with the service
of amazon.
OBSERVATION
AND
FINDINGS
FINDING
More females are given respondent to the questionnaires as compare to male with
47%.
The majority of the respondent are came from the age range of 9 to 20 years.
The data was collected from students with 40% and the lowest response was collected
from professional and house wife with the 7%.
Majority of the data collected from the customer income range of above 80000.
The data collected from married customer with 63% and 43% from single.
The majority of respondent response that they are using the product of amazon more
than 1 year.
Most of the respondent spend around 1000 to 1500 for shopping with amazon.
Refine out that most of the customers are prefer cash on delivery while purchase on
amazon.
Customer are use online shopping because it save time of the customer.
The sources which make the customer purchase product from amazon is due to family
and friend source.
The overall satisfaction of customer based on the fast delivery and quality of the
product.
While Purchase on amazon according to customer price is fully matter.
Customer are strongly agree with the reasonable return and exchange policy of
amazon.
Customer are fully satisfied with the delivery services because they received product
on time.
Most of the respondent are agree to be regularly and loyal customer on amazon.
Based on the overall experience with amazon customer are fully satisfied with the
product, services and other commodities.
SUGGESTION
AND
CONCLUSION
SUGGESTION
The researcher has made personal contact with the respondents who have purchased
products and services through online. It is concluded that most of the respondents have a
good opinion about online shopping, though there are so many problems to be improved by
the vendors and service providers
As there are no proper laws for online purchases, they have to be implemented to
prevent the anonymous intruders. This will help to maintain security and private
information properly concerning the respondents. So the website developers and
service providers should take necessary steps to overcome this problem.
Web based technologies upgrades creative conceptualization that would improve the
response from technology savvy consumers. So the firms have to invest in such new
technologies.
Internet environment has to be improved in the areas of art, dynamic and interactive
techniques. This improvement will give more visual appeal.
In most of the websites the given information, features about the product on
the website and product received from the online vendor are different. This will
create lack of customer satisfaction. So the online vendor should take necessary
steps before dispatching the products to the consumer site. It creates good
opinion about the online vendor and creates repurchasing power of the
respondents.
Even though consumers are educated they are not interested to purchase
products through online because of infrastructure shortage, they do not know
how to order the product online and they have lack of confidence on payments.
So the vendor companies and online service providers have to create awareness
to consumers as how to order the product online
CONCLUSION
In the past, consumers had sufficient time to visit shopping centers, searching for
various products. Many consumers prefer bargaining and decide the purchases after
physical examination of the commodities.
The entire process can range from a few hours to weeks depending on the product,
quantity, quality and source of purchase. Today there is radical change in the entire
scenario. Everything in today’s world is Internet oriented like Electronic Data
Interchange, E-Mail, E-Business and E- Commerce. E-Commerce is exchange of
information using network-based technologies. In the present high cost situation, e-
Commerce can be used as a competitive strategy. It successfully includes the entire
online process of developing, marketing, selling, delivering, servicing and paying for
products and services.
Online shopping is becoming more popular day by day with the increase in the usage
of World Wide Web known as www. Understanding customer’s need for online selling
has become challenge for marketers. Specially understanding the consumer’s
attitudes towards online shopping, making improvement in the factors that influence
consumers to shop online and working on factors that affect consumers to shop
online will help marketers to gain the competitive edge over others.
In conclusion, having access to online shopping has truly revolutionized and influenced
our society as a whole. This use of technology has opened new doors and
opportunities that enable for a more convenient lifestyle today. Variety, quick service
and reduced prices were three significant ways in which online shopping influenced
people from all over the world. However, this concept of online shopping led to the
possibilities of fraud and privacy conflicts. Unfortunately, it has shown that it is
possible for criminals to manipulate the system and access personal information.
Luckily, today with the latest features of technology, measures are being taken in
order to stop hackers and criminals from inappropriately accessing private databases.
Through privacy and security policies, website designers are doing their best to put an
end to this unethical practice. By doing so, society will continue to depend upon
online shopping, which will allow it to remain a tremendous success in the future.
ANNEXURE
A STUDY ON CUSTOMER SATISFACTION WITH REFERENCE TO AMAZON ONLINE SHOPPING
Personal information:
Age
15-19yrs 1 40-49yrs 4
20-29yrs 2 50-59yrs 5
30-39yrs 3 60+ 6
Gender
Female 1 Male 2
Profession
Students 1 Professional 4
Service 2 House wife 5
Business 3
Income
Marital status
Married 1 Single 2
Questionnaire
1. How long you are using the product and shopping by Amazon?
3. What are the main reasons you preferred amazon for shopping?
9. What are the sources which make you purchased product from Amazon?
10. Overall, what make you fully satisfied the most while shopping with Amazon?
13. So far, you got the product at the time estimated delivery given?
15. Based on your overall experience, are you fully satisfied with the service, product and other
commodities of Amazon?