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It provides how the super market Agora recruits and train their employees to be customer minded. This was produced to serve the course HRM of BBA for my university. -M Ahmed Mahir
Citation preview
WEL COME TO OUR
PRESENTATION
ASSESSING THE CUSTOMER MINDEDNESS
OFRAHIMAFROOZ SUPERSTORES LTD.
INTRODUCTION
maintaining
existing customers
and extending
business with them
is less expensive
than obtaining new
customers.
Large numbers of firms
these days have
already discovered the
need to create a loyal
customer base and
acknowledge that
1
Continued..
To present the aspects of this customer mindedness we have
analyzed some of Agora's current initiatives that show their
level of customer mindedness.
The starting point of customer
mindedness is to know the
influence of factorstrustworthiness
product image
customer relationship
customer satisfaction
In emerging markets like Bangladesh it is more important
to determine factors affecting the firms customer mindedness due to the continuous influx of new players.
Before our analysis on whats actually customer mindedness (CM) lets have a look
COMPANY PROFILE
Brief Company info >>
Rahimafrooz Superstores Ltd. (RSL) launched
Agora the first ever retail chain in Bangladesh in
2001. It aims to consistently provide a remarkably
satisfying and valuable shopping experience
through a business that improves the quality of life
for customers and team members.
2
WHATSCUSTOMER MINDEDNESS ?
3
Customer mindedness (CM) is a core value, a mindset that
enables the implementation of a customer strategy. It is the
process of implementing:
competitive customer strategy
design to attract
keep and grow more customers
more profitability
A customer strategy sets out to create unique value,
using customer intelligence to tailor memorable
brand experiences for specific groups of customers.
Continued..
CM can influence the company and its
performance with many impacts.
On an individual level, the CM teaches us to:
learn how to gain deep customer insight and implement resulting
ideas successfully
demonstrate marketing returns beyond the customer
benefit from the latest thinking on strategic marketing concepts
create and assess effective marketing strategies
manage customers for long-term profitability
contributes more effectively to market success and business
planning.
Continued..
How will this program benefit the organization?
Product Development - A customer-centric focus helps
throughout the marketing process, which includes product
research and development as well as promotional
communication.
Promotions - Strong familiarity with the needs and desires of
our customers helps us better promote our brand's value
proposition.
It enhances:
>>> understanding of what product features and benefits are
most valued
>>> messaging strategies
Continued..
What are the necessary steps needed to obtain CM in a firm?
It requires a multi-dimensional approach, including:
Values-based leadership*
Brand-aligned service standards*
Employee engagement
Customer communication
Complaint management and recovery
*Values-based leadership (VBL) is the exercise of influence in relationships, teams, organizations and communities through choices and decisions guided by explicit and consistently practiced values that balance healthy self-interest and the common good.
*Bring your brand values to life in all customer experiences
CUSTOMER MINDEDNESS OFAGORA
4
The crucial thing of our study interviewing Agora with our questionnaire, got usthe information on how they practicing and show their work concerns regardingtheir targeted customers from each departments of the company.
Continued..
Continued..
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Most responses here shows positivity and it also shows their few lacking
that they have and needs to overcome.
NOW LETS SEE AGORAS own practice
of CM as the part of their organizational
structure and policies in order to be a
customer minded company.
The figure shows how Agora wants to develop and pursue their customer centric operation.
To achieve that, some of the recent customer focused
steps and policies that have been taken by them are:
Continued..
Continued..
Moreover, Agora as an organization to be structurally
customer minded follows these three important factors.
Understanding the customer
Engaging the Community
Motivating Employee Base
OUR FINAL THOUGHTS5
We think that customers dont view the retail world throughthe same lens as firms.
A customer minded perspective is required for retailers to
better deliver on the experiences desired by their customers.
And as a pioneer of the industry, Agora meeting up with
almost appropriate mix of customer mindedness.
However, from our research we can suggest Agora to introduce
the use of technology to give their customers proper shopping
experience.
Which we believe can boost the customer mindedness more and
take it to a next level.
..Thanks a LOT
for BEING with US