Appendices
Appendix A
Dear participant,
I am a student from Middlesex University London, United Kingdom doing research on Customer service in Indian Banking Industry.
You are invited to take part in the research questionnaire designed to investigate about the customer service in Indian banks. Taking part involves completing a short questionnaire based on your experience.
Completing this questionnaire should take you no longer than 10-15 minutes. All information that u provide will be kept confidential and the results will only be used for research purposes as well as to propose new ways to meet customer’s satisfaction.
I would like to thank you for your precious time and co-operation. Any suggestion for the improvement of
…show more content…
Your score should be based on the scale below.
Strongly disagree Strongly agree
1 2 3 4 5 6 7
Statement Score
1. An excellent bank will have modernized equipments
2. An excellent bank have attractive and appealing physical features
3. Representative of an excellent bank will be tidy and have presentable appearance.
4. In an excellent bank all the service materials like pamphlets etc will be placed at an appealing place.
5. An excellent bank certainly does something which it promised to do in a particular time.
6. An excellent bank always shows a genuine interest in solving customer’s problem.
7. An excellent bank provides the services accurately in the first time.
8. An excellent bank provides the service in a promised time
9. An excellent bank will always insist on accurate records (free from any errors)
10. Employees of an excellent bank will tell customers the right time when services will be performed
11. An excellent bank offers prompt service to its customers
12. Employees/representatives of an excellent banks will always be willing to help customers
13. Employees/representatives of an excellent bank will never be too busy to respond to customers ' requests.
14. Employees/representatives of an excellent banks will always implant confidence in their customers
15. Customers of an excellent bank will feel secure while making
3. Customer service has been the emphasis from inside out since the bank was formed in 1955. Up to now, this philosophy is carrying out not only in the branch, on the phone, but also in the social media. The TD series of the “Bank Human” commercials (https://youtu.be/IrMzYJCvgkg?list=PLTU0DAa2Moxy_aaWrVPR-964SMpHE7M8w) obviously highlighted their mission to make banking human by their perceptive customer services.
Based on segments, customer centric offerings are to be offered. Each customer has their own liking and disliking as well as proper planning. The right time to offer also plays an important role. This will avoid unnecessary mailers/calls to be made. Customers normally tend to ignore mass mailers and emails which are sent on regular intervals as they feel that they are junk mail. It is also important to determine the best channel of communication the customer is most likely to respond to. Valuable resources and time is saved and also frees marketing resources to concentrate on other customer and plan for newer programs. Overall, we can work with our customers on helping us improve our customer service and provide the quality service that the customers deserve. It is in this endeavor to have a sustaining model to keep the customer engaged throughout their relationship with the bank for growth and profits in the long run.
One of the main issues that customers faced when visiting a branch, was the unavailability of their service provider. Managers wanted to close this gap in service design by providing individualized services to their customers to understand their needs and build interpersonal relationships with them. The best way to achieve that was by assigning an account team to each customer. The team consisted of bankers who worked closely with the customer to figure out their needs and offer them solutions. This initiative have also managed to close the listening gap-1 which increased the customers’ satisfaction level.
Customer service is the by-product of an organization’s desire to satisfy its clientele. It is the way by which goods or services are delivered from to the customer in each phase of a transaction. Those providing customer service represent the organization and its values. If there are procedural issues within the organization, it will be reflected in the way in which customer service is perceived. Customer service is integral to an organization’s success, considering even one negative interaction may be enough to lose a client. According to American Express (2011), seventy-eight percent of customers have turned away from a sale due to poor customer service (Service Can Make or Break Brands, para. 5)
The growth of the bank’s revenue for its shareholders, is also as a result of the respect the bank has on delivering quality services, respecting the views of everyone involved in their business, having a leadership system that is easily approachable, being
For this reason, poor customer service of a bank may increase the bargaining power of customer and could drive down the revenue of Maybank. For instance, if Maybank could not understand what actually customers require or ineffectively handle the customer complaints, it could reduce the switching cost of customers and they will finally switch to other banks for a better service. In order to avoid a high bargaining power implanted in customers, Maybank has invested in an Analytical Customer Relationship Management system to efficiently utilise the information gained from each customer for improvement purpose. This system enables Maybank get to know the expectations of customers towards the bank. Then, Maybank formulates strategies and comes out with superior performance to cater the needs of customers. Right now, Maybank is hoping to generate a complete picture of a customer’s lifecycle by using the system to grow their business. Besides establishing of the feedback dropper on their website, Maybank also focus on the fundamental values of hospitality, friendliness and skills in handling customer complaints. To do this, Maybank promotes various incentive programmes to reward the customers, eventually enhance the customers’ loyalty towards the
The opinion of the author will not be influenced by any respondent including Bank X.
The procedure of conducting this report will involve interviews with the client, observation, and questioners. “The experience that individuals have with a company and then what they hear from friends and family influence their perception of and likelihood to do business with a company” (Yahalom). Interview customers to gauge their satisfaction help companies’ measure satisfaction, identify unhappy customers and find potential supporters. In task two we will observe the reaction of the client to determine area of service that needs improvement. When they are receiving or have already received the services..On task three we will collect data on costs that are needed to implement suggestion of the customer found from the survey.
After analysis, it has been decided that the target audience will be very large but will include different types of customers for specific communications. Most of the audience that the communications will appeal to will already have set-up a bank account or have taken out a mortgage. Therefore, it has been decided that rather than creating a better-value image for Williams and Glyn’s Bank, it is better to communicate to customers who are looking for a trustworthy bank.
Essentially, pursuit of Excellence is the core philosophy of the Bank as reflected though the following values:
People: While more and more of our banking takes place electronically, customer service is still important when we experience problems or need help with some aspect of our banking.
As banks pivot toward accommodating to the needs of their customers, it is important to understand how to
Other than having one of the largest network of branches and ATM’s, the bank offers many benefits on its savings account. These benefits have been listed below.
Customer service is crucial part for every small and medium enterprise as customer is their sources of revenue. Components
For developing a questionnaire, exploratory research is needed to investigate the likely determinants or attributes to be considered. Personal or focus interviews with the service users would be recommended. And for defining the scale attributes, a manager can capitalize on the previous empirical works cited in literature that are relevant to his or her own