Research Report on Customer Satisfaction and Brand Health Track- Traders & Users For Rahimafrooz Batteries Ltd. July 20, 2016 By MRB Bangladesh 1 Report Structure Background and Objective Sample C SAT Brand Health Tracking Others Summary By MRB Bangladesh 2 Background of the Study • Rahimafrooz Batteries Ltd. (RBL) is the largest lead-acid Battery manufacturer of the country. It produces automotive battery for all automobile vehicles • For understanding the market dynamics, RBL wanted to carry out Customer satisfaction and brand health study for their brands in a regular interval • This report outlines the 1st wave report for Customer satisfaction and brand health Study By MRB Bangladesh 3 Objectives • Primary: to understand the status of customer satisfaction and brand equity of RBL battery brands (GLOBATT, LUCAS & SPARK) with respect to the competition brands • Secondary: to measure the effectiveness of sales and marketing activities of RBL vis-a-vis it competition By MRB Bangladesh 4 Methodology • Brand Health: We randomly approached to the target respondents and asked about the awareness, consideration and usage of different battery brands. Based on that we have evaluated the brand health parameters among users and non-users of different brands. • Customer Satisfaction: From the random sample we have achieved the samples of users of different battery brands. Among the users of a particular brand we have taken the satisfaction on the brand they purchased on the last occasion and currently using. • In this report, we have given the Customer Satisfaction first and then the Brand Health status. By MRB Bangladesh 5 Report Structure Background and Objective Sample C SAT Brand Health Tracking Others Summary By MRB Bangladesh 6 Achieved Sample Field work has been conducted in June & July, 2016 Dhaka CTG Sylhet Rangpur Rajshahi Barisal Khulna Traders 51 30 20 21 13 20 20 Users 873 427 161 155 168 150 152 Bogra Total 8 183 2,086 Booster 108 Users Users Dhaka CTG Total Booster PC (Drivers) 244 101 345 14 PC (Owners) 346 150 496 05 MC (Owners) 123 61 61 60 60 55 56 476 31 CV (Drivers) 86 62 50 50 62 50 50 410 23 CV (Owners) 74 53 50 45 46 45 46 359 35 By MRB Bangladesh Sylhet Rangpur Rajshahi Barisal Khulna Bogra 7 Top Twelve Batteries By MRB Bangladesh 9 Report Structure Background and Objective Sample C SAT Brand Health Tracking Others Summary By MRB Bangladesh 10 Last purchased Brand & Satisfaction (Users) Satisfaction level is high for Hamko among MC owners & high for Globatt & spark among the rest users Last purchased Brand 5% 5% 2% 1% 1% 1% 5% 40% Share of Lucas (54%) in the last purchased brand is the highest among the MC owners 7% 14% 18% LUCAS HAMKO VOLVO NAVANA APOLLO GREEN GLOBATT EXIDE RANGS GASTON Satisfaction T2B Mid Base B2B LUCAS 97 21 828 SPARK 99 1 102 GREEN 93 6 1 98 EXIDE 93 4 4 27 APOLLO 98 2 111 NAVANA 98 11 142 HAMKO 97 21 373 VOLVO 97 12 282 RANGS 95 5 20 SPARK GLOBATT Base-2086 37 100 T2B- Very satisfied B2B- Very dissatisfied Almost half of the users have bought Lucas battery on their last purchase and the satisfaction level is very high for it. By MRB Bangladesh 11 Key satisfaction/dissatisfaction parameters (Users) Barnds Reasons for Satisfaction LUCAS Provide good service 20% Durable 17% SPARK Provide good service 18% Durable 10% GREEN Provide good service 17% Durable 12% EXIDE Provide good service 18% No need to give charge frequently 12% APOLLO Provide good service 15% Durable 13 % NAVANA Provide good service 19% Durable 10% HAMKO Provide good service 19% Durable 13% VOLVO Provide good service 21% Durable 12% RANGS Provide good service 22% Good quality 9% GLOBATT Provide good service 19% Durable 10% There was not sufficient sample to find the reasons for dissatisfaction By MRB Bangladesh 12 Satisfaction on Battery Retailers (Users) Satisfaction on service of retailers T2B LUCAS SPARK GREEN Mid 95 98 92 Satisfaction on knowledge of retailers Base T2B B2B 829 LUCAS 11 129 SPARK 6 2 98 GREEN 4 Mid B2B 92 7 1 95 5 88 11 1 EXIDE 97 3 38 EXIDE 95 5 APOLLO 99 1 163 APOLLO 96 31 NAVANA 97 3 159 NAVANA 92 7 1 HAMKO 97 21 373 HAMKO 93 7 VOLVO 95 5 282 VOLVO 91 9 20 RANGS 95 5 37 GLOBATT 95 5 RANGS GLOBATT 100 95 5 Satisfaction is high for Rangs on “service of retailers” and for Apollo on “knowledge of retailers” Base-2194 By MRB Bangladesh 13 T2B- Very satisfied B2B- Very dissatisfied Satisfaction on Pre Sales Service & After Sales Service (Users) Satisfaction on pre sales service T2B Mid T2B B2B 97 3 129 SPARK 98 2 1 98 GREEN 93 6 1 3 38 EXIDE 95 5 163 APOLLO 98 2 159 NAVANA 96 31 373 HAMKO 95 5 3 7 SPARK 93 7 EXIDE 13 97 APOLLO 94 NAVANA 87 HAMKO 6 13 94 B2B LUCAS 93 86 Mid 829 LUCAS GREEN Satisfaction on after sales service Base 6 VOLVO 90 10 282 VOLVO 97 RANGS 90 10 20 RANGS 100 0 37 GLOBATT 100 0 GLOBATT 84 14 3 High Satisfaction for Exide on Pre-sales service. On the contrary, Globatt & Rangs have the highest scores on ‘After sales service’ among the Users. Base-2194 By MRB Bangladesh 14 T2B- Very satisfied B2B- Very dissatisfied Satisfaction level is high for Hamko among MC owners & high for Globatt & spark among the rest users Satisfaction (Users) Overall satisfaction Satisfaction on behavior of retailer T2B Mid B2B T2B Mid Base Satisfaction on company T2B B2B Mid B2B LUCAS 97 3 95 4 96 3 829 SPARK 98 2 96 22 98 2 129 GREEN 92 71 86 13 1 90 9 1 98 EXIDE 95 5 89 55 87 11 3 38 APOLLO 96 21 96 4 96 31 163 NAVANA 97 11 94 6 97 3 3 159 3 97 51 HAMKO 97 3 97 41 96 31 94 100 0 100 0 95 5 100 0 100 0 97 3 VOLVO 95 RANGS GLOBATT 373 282 20 37 Overall satisfaction is high for Globatt & Rangs whereas low for Green Base-2194 By MRB Bangladesh T2B- Very satisfied B2B- Very dissatisfied 15 Overall business & Profit Margin (Traders) Overall Business T2B Mid LUCAS 88 SPARK 86 GLOBATT Profit Margin Base B2B HAMKO 70 NAVANA 71 BT 19 60 GLOBATT 3 125 HAMKO 3 100 VOLVO 79 APOLLO 38 GASTON 8 50 RANGS 7 73 NAVANA 19 BT 26 EXIDE 57 GREEN 8 22 22 11 62 GREEN 2 21 79 EXIDE SPARK 21 76 RANGS 104 13 73 GASTON 4 20 76 APOLLO LUCAS 11 84 VOLVO 121 10 2 78 31 95 T2B-Very Good/ Good B2B- Very bad/ Bad T2B 3 11 8 5 Base-183 Mid B2B 84 11 76 5 22 88 86 2 12 10 80 4 14 72 6 20 68 8 24 8 78 20 75 2 16 79 5 69 8 16 23 8 91 5 4 T2B-Very satisfied/satisfied B2B-Very dissatisfied/ dissatisfied Overall satisfaction is very high for Green & for all the brands of Rahimafrooz. However retailers are very satisfied with profit margin on Green & Globatt By MRB Bangladesh 16 Key satisfaction/dissatisfaction parameters (Traders) Barnds Reasons Satisfaction LUCAS Profitable 20% High demand 13% SPARK Profitable 20% Good quality 13% GLOBATT Profitable 20% Good quality 14% HAMKO Profitable 19% High demand 16% VOLVO Profitable 25% High demand 20% APOLLO Profitable 32% High demand 23% NAVANA Sales are good 10% High demand 7% Barnds By MRB Bangladesh Reasons Dissatisfaction LUCAS High price 19% Less profit 15% SPARK Less profit 32% Not profitable 12% GLOBATT Less profit 36% Sales are not good 9% HAMKO Less profit 23% Not profitable 13% VOLVO Sales are not good 21% Not profitable 14% APOLLO Sales are less 17% Less profit 14% NAVANA Quality is not good 14% Sales are not good 10% 17 Satisfaction on Quality and Sales Person (Traders) Satisfaction on Quality of the Product T2B LUCAS Base 9 73 71 APOLLO 73 18 9 10 16 13 19 66 RANGS 13 13 82 VOLVO 12 14 68 HAMKO GASTON B2B 79 SPARK GLOBATT Mid Satisfaction on Company Sales Persons Behavior 18 76 8 16 14 10 T2B LUCAS 82 5 13 104 SPARK 82 5 13 60 GLOBATT 125 HAMKO 100 VOLVO 79 APOLLO 38 GASTON 50 RANGS 73 NAVANA 73 11 16 74 11 16 64 BT 63 16 21 19 BT EXIDE 65 12 23 26 EXIDE 57 GREEN GREEN 70 16 16 14 B2B 121 NAVANA 19 Mid T2B-Very satisfied/satisfied B2B-Very dissatisfied/ dissatisfied 70 8 22 76 13 73 11 13 81 66 14 9 16 18 80 65 72 14 15 6 19 12 16 Base-183 Highest satisfaction on product quality is for Hamko and for Company sales persons behavior is for Lucas, Spark, Apollo and Rangs By MRB Bangladesh 10 18 Satisfaction on Pre Sales Service & After Sales Service (Traders) Satisfaction on Pre Sales Service T2B LUCAS 75 SPARK 73 GLOBATT 62 Mid Satisfaction on After Sales Service Base B2B HAMKO VOLVO APOLLO 15 63 EXIDE 62 GREEN 67 14 104 SPARK 76 13 11 60 GLOBATT 125 HAMKO 100 VOLVO 79 APOLLO 38 GASTON 50 RANGS 73 NAVANA 71 21 19 BT 68 23 26 EXIDE 57 GREEN 12 9 16 14 71 BT 12 17 21 74 NAVANA 12 13 63 RANGS 76 10 78 GASTON LUCAS 22 68 12 16 15 14 B2B 121 13 78 Mid 12 12 17 T2B 12 16 19 67 15 18 78 12 71 17 78 12 11 63 10 18 18 74 50 20 14 61 6 15 16 16 35 T2B-Very satisfied/satisfied B2B-Very dissatisfied/ dissatisfied 15 14 25 Base-183 Satisfaction on Pre and after sales service is high for Hamko and Apollo whereas that is low for Exide and Green By MRB Bangladesh 10 19 Satisfaction on Distribution and Warranty (Traders) Satisfaction on Product Distribution T2B LUCAS Mid Likability of the Warranty B2B 79 SPARK 60 78 VOLVO 66 RANGS 68 NAVANA 70 14 104 SPARK 68 17 60 GLOBATT 67 125 HAMKO 100 VOLVO 79 APOLLO 38 GASTON 61 50 RANGS 62 73 NAVANA 63 19 BT 12 16 72 GASTON LUCAS 10 68 APOLLO 121 14 23 HAMKO 15 6 71 GLOBATT T2B Base 16 15 8 13 26 22 11 10 19 BT 63 EXIDE 65 12 23 26 EXIDE GREEN 67 11 23 57 GREEN 11 26 T2B-Very satisfied/satisfied B2B-Very dissatisfied/ dissatisfied Mid B2B 74 11 14 17 13 20 77 12 70 13 14 11 21 18 28 10 18 68 19 11 21 35 49 11 17 75 38 15 27 23 28 T2B-Very Good/ Good B2B- Very bad/ Bad Base-183 Satisfaction on Product Distribution is high for Lucas, Hamko and Apollo and the likability of Product warranty is high for Hamko, Apollo and Lucas; On the other hand Green and Exide is running with a low satisfaction on both the parameters. By MRB Bangladesh 20 Satisfaction on Replacement (Traders) Satisfaction on Product replacement after placing any complain T2B LUCAS Base B2B 70 SPARK 20 74 GLOBATT 80 HAMKO 81 VOLVO 10 121 19 7 104 12 8 60 14 76 APOLLO 68 GASTON 68 RANGS Mid 16 4 18 58 13 36 15 BT 74 11 54 19 68 79 50 19 16 26 27 T2B-Very short time/short time B2B- Very long time/long time 100 73 12 25 125 38 6 73 GREEN 8 28 NAVANA EXIDE 5 7 57 Base-183 Satisfaction on Product Replacement after placing the complain is high for Globatt and Hamko and low for Exide, Rangs, Gaston, Green & Apollo By MRB Bangladesh 21 Lowest score Comparatively low score Highest score Satisfaction Summary (Users) Average Parameters LUCAS SPARK GREEN EXIDE APOLLO NAVANA HAMKO VOLVO RANGS Satisfaction on Last purchased brand Satisfaction on Service of retailers Satisfaction on Knowledge of retailers Satisfaction on Pre Sales service Satisfaction on After Sales Service Satisfaction on Behavior of the retailers Overall satisfaction Satisfaction on Company By MRB Bangladesh 22 GLOBATT Satisfaction Summary (Traders) Lowest score Comparatively low score Highest score Average Parameters LUCAS SPARK GLOBATT HAMKO VOLVO APOLLO GASTON RANGS NAVANA BT EXIDE GREEN Overall business Profit margin Satisfaction on Quality of the product Satisfaction on Company Sales Persons Behavior Satisfaction on Pre Sales service Satisfaction on After Sales Service Satisfaction on Product Distribution Likability of the Warranty Satisfaction on Product replacement after placing any complain By MRB Bangladesh 23 Report Structure Background and Objective Sample C SAT Brand Health Tracking Others Summary By MRB Bangladesh 24 Awareness among Users & traders 98 88 Lucas has the highest awareness among CV owners & MC owners (99%) TOM Spont 69 36 LUCAS 4 4 SPARK GREEN 100 97 80 1 5 15 APOLLO TOM 92 96 LUCAS HAMKO VOLVO VOLVO 10 Traders 56 51 SPARK APOLLO 5 GREEN 71 68 32 29 4 NAVANA Base183 45 23 5 GLOBATT Total awareness 70 9 10 1 RANGS 85 73 15 13 HAMKO Base2086 22 1 Spont 97 46 20 17 NAVANA 59 27 35 7 4 EXIDE 50 36 26 13 18 Users 71 70 67 64 51 45 99 86 Total awareness 3 RANGS 3 12 BT 21 3 10 EXIDE 2 GLOBATT 2 GASTON Lucas has the highest awareness & Exide has the lowest awareness among users. On the contrary, Lucas, Hamko, Volvo and Navana have the highest awareness (total) among traders. By MRB Bangladesh 25 Familiarity of Hamko is higher among MC and CV owners/drivers Familiarity(Users) Heard only name 8% 2% 23% Heard a bit but never used 7% 8% 34% 25% 29% 23% 25% 36% 40% 42% 67% 42% 17% LUCAS SPARK GREEN Familiarity of Lucas (74%), Navana (67%), and Volvo (53%) is highest among MC Owners Heard a lot but never used 19% 33% 6% 8% 24% 26% 28% 29% Heard a lot & Used it 36% 43% 38% 24% 18% 21% 18% 16% 24% EXIDE APOLLO NAVANA 42% 37% HAMKO 18% 18% 8% VOLVO RANGS 25% Base-2086 14% GLOBATT Availability in the Market (Spont. by the Traders) 99% 100% 96% 96% 65% LUCAS SPARK GLOBATT HAMKO VOLVO Availability 90% 65% APPOLO GASTON 78% RANGS 92% NAVANA 37% 45% BT EXIDE 62% Base-183 GREEN Lucas has the highest familiarity & Hamko is in second position among users. Lucas, Hamko, Volvo, Spark & Navana are the top five batteries among traders By MRB Bangladesh 26 While Green is only relevant to MC owners, the consideration for Lucas, Navana and Volvo is also highest among the MC users Consideration(Users) I will never use this brand 1%13% 3% Might Consider 6% 6% 5% 4% 31% 24% 26% 30% 31% 29% 36% 22% 15% 8% 15% 6% 22% 10% 23% 17% 8% 2% 17% 8% GREEN EXIDE APOLLO NAVANA HAMKO VOLVO RANGS GLOBATT 6% SPARK 3% 10% 30% LUCAS Only brand that I will Consider 12% 42% 44% Among 2-3 brands 17% 15% 16% 39% Among many Brands 35% 12% 14% 17% 28% 30% 37% 26% 46% 34% 35% Base-2086 35% Availability in the Store (Traders) 68% Availability 69% 57% 56% 44% 34% 40% 22% LUCAS SPARK GLOBATT HAMKO VOLVO APPOLO GASTON 27% RANGS NAVANA Base-183 33% 10% 15% BT EXIDE GREEN Lucas enjoys highest consideration & Hamko is in second position among users. The highest stock has been found in store for Hamko followed by Lucas and Spark. By MRB Bangladesh 27 Usage(Users) Ever Used Used in last 12 months 71% 45% 33% 22% LUCAS 14% 6% 8% 6% SPARK GREEN 12% 3% 1% EXIDE 6% APOLLO 20% 30% 16% 9% NAVANA 4% HAMKO VOLVO 1% RANGS 4% 2% GLOBATT Base-2086 Lucas has been used by most of the users By MRB Bangladesh 28 Recommendation Users Recommend Mostly recommend MOUB Lucas was recommended mostly by the MC owners (57%) 67% Lucas is the most often used brand to the MC owners (57%) 43% 43% LUCAS 12% 4% 5% 8% 5% 5% SPARK GREEN 3% 1% 11% 1% EXIDE 18% 7% 7% 5% 5% APOLLO NAVANA 29% 17% 17% Base-2086 26% 13% 13% HAMKO VOLVO 3% 1% 1% 3% 2% 1% RANGS GLOBATT Traders Recommend 79% Mostly Sold Brand Base-183 73% 58% 56% 40% Mostly recommend 38% 33% 18% 16% 27% 22% 28% 4% 5% LUCAS 52% SPARK GLOBATT HAMKO 18% 14% VOLVO 15% 14% APPOLO 15% 2%2% GASTON 21% 4%4% RANGS 5% 6% NAVANA 38% 17% 4% 4% EXIDE 13% GREEN Lucas is the most often used brand to the users. Hamko comes as second. Lucas and Hamko are recommended by traders as top two brands. These two brands are also mostly sold brands. By MRB Bangladesh 29 13% Consumer disposition funnel (Users) 40% 56% 1% 5% 42% 45% 12% 3% 71% 25% 73% 21% 12% 97% 99% 98% 56% 83% 64% 15% Lucas Exide 2% 18% 47% 4% 17% 22% 33% 5% 54% 14% 49% 70% Globatt Hamko 35% 21% 65% 97% 22% 88% Apollo 68% 96% 94% 69% Spark By MRB Bangladesh Awareness Base-2086 30 Consideration Ever used Last purchased Consumer disposition funnel (Users) 5% 14% 56% 45% 8% 30% 44% 49% 67% 17% 94% 71% 18% Green 95% Volvo 7% 1% 31% 22% 4% 36% 61% 24% 14% 29% 90% 83% 67% 35% Navana Rangs By MRB Bangladesh Awareness Base-2086 31 Consideration Ever used Last purchased Report Structure Background and Objective Sample C SAT Brand Health Tracking Imagery (Users) Summary By MRB Bangladesh 32 Category Important Attribute (top 10) (Users) By MRB Bangladesh Attribute Rank Durable 1 Famous battery/Popular 2 Manufactured by a renowned company 3 Gives good warranty 4 Good design 5 Good quality 6 High/Modern technology 7 VFM 8 Widely available 9 Nice color 10 33 Brand Image Profiling BRAND IMAGE PROFILING is ….. An attempt to discount Size of Brands skewing the image dimensions towards it For example, the first bear is a big bear, and the second is a small bear, the first bear has bigger ears. But relative to their size the second bear’s ears are bigger than those of the first. They are so big that you might actually describe the second bear by saying he has big ears i.e. these are very big relative to the size of his body. By MRB Bangladesh 34 Brand Image Profiling (Users) Above Par Below Par At Par T2B (Familiarity) LUCAS SPARK GREEN EXIDE APOLLO NAVANA HAMKO VOLVO RANGS GLOBATT Durable Famous battery/Popular Manufactured by a renowned company Gives good warranty Good design Good quality High/Modern technology VFM Widely available Nice color By MRB Bangladesh 35 Brand Imagery Of Rahimafrooz Brands (Users) LUCAS SPARK GLOBATT LUCAS SPARK GLOBATT Durable 72% 43% 41% Perfect Size 51% 31% 28% Famous Battery 65% 37% 34% Low Price 43% 26% 26% Manufactured By A Renowned Company 62% 38% 35% Reliable 54% 29% 28% Innovative 52% 31% 29% Made According To Customers’ Requirement 50% 28% 25% Gives Good Warranty 65% 42% 41% Low Maintenance Cost 51% 28% 30% Good Quality 59% 34% 30% No Need To Give Charge Frequently 56% 28% 27% High Technology Based 52% 30% 29% No Need To Give Water Frequently 54% 31% 27% VFM 55% 30% 27% Battery Never Gets Down Easily 55% 28% 28% Nice Colour 46% 27% 28% No Hassle To Use 52% 27% 27% Trustworthy 58% 33% 29% Active 51% 28% 28% Widely Available 61% 38% 33% Unique 48% 24% 23% Safe 57% 31% 30% Provides Best After Sales Service 50% 27% 25% International Brand 53% 30% 29% This Is For Me 47% 24% 24% Provides Good Service 59% 32% 30% Have Enriched Product Portfolio 45% 25% 23% Have Less Complains Against It 53% 27% 27% Is A Premium Brand 48% 25% 29% Drivers Like 52% 26% 26% Is Highly Recommended By Experts 50% 25% 28% Good Design 47% 30% 29% Exciting Consumer Promotions 41% 22% 24% By MRB Bangladesh 36 Credit Facility & Gift (Traders) 70% retailers received gifts form company Give Credit Facility Which brands give gifts % of Retailer receiving credit facility HAMKO LUCAS SPARK VOLVO NAVANA GLOBATT APOLLO RANGS GREEN % of Retailer receiving gifts HAMKO LUCAS SPARK VOLVO NAVANA APPOLO GLOBATT RANGS GREEN GASTON 40% 36% 32% 30% 23% 17% 17% 14% 14% Base-183 50% 49% 41% 40% 29% 28% 22% 19% 19% 10% Base-129 Compared to competition Rahimafrooz is giving more credit facility to the retailers. Around 70% of the traders said that they receive gifts from battery companies and they mainly receive from Hamko, Lucas ,Spark and Volvo By MRB Bangladesh 37 Alternative Brand & Type of Outlet to Purchase (Users) Alternative Brand 5% LUCAS VOLVO 1% 1% 2% HAMKO 35% Local dealer Outlet where many brands are available Outside area dealers SPARK 0%3% 2% 1% 41% 38% 55% NAVANA 5% APOLLO GREEN 9% 15% 11% 15% 18% 37% 11% 0% 2% 30% 41% 5% 1% 35% 17% 13% 16% GLOBATT EXIDE 4% 0% Show room/shop/ show room From company 46% 25% 19% 50% 24% 30% GREEN EXIDE 1% 2% 31% 26% 4% 0% 0% 5% 37% 35% 19% 35% 41% 40% NAVANA HAMKO VOLVO 5% 3% 38% 5% 16% 55% 38% RANGS LUCAS SPARK APOLLO RANGS GLOBATT Base-2086 Lucas, Volvo and Hamko are the major alternative brands to purchase. Users mainly purchase battery from local dealers, showrooms and Outlets where many brands are available. By MRB Bangladesh 38 Alternative Brands of Some Brands (Users) Alternative Brands Last purchased Brands LUCAS SPARK GREEN EXIDE Base 829 129 98 38 163 159 373 282 20 37 LUCAS 0% 57% 68% 39% 51% 57% 63% 53% 70% 70% SPARK 20% 0% 8% 11% 12% 5% 3% 5% 0% 5% GREEN 10% 3% 0% 29% 4% 0% 1% 0% 0% 0% EXIDE 2% 2% 8% 0% 0% 1% 0% 0% 0% 0% APOLLO 9% 5% 10% 3% 0% 2% 2% 5% 0% 0% NAVANA 11% 12% 0% 0% 4% 0% 10% 12% 5% 5% HAMKO 23% 9% 2% 8% 11% 14% 0% 20% 10% 8% VOLVO 20% 11% 0% 3% 16% 17% 19% 0% 10% 11% RANGS 1% 1% 0% 0% 1% 3% 1% 3% 0% 0% GLOBATT 3% 0% 0% 0% 0% 1% 1% 1% 5% 0% By MRB Bangladesh APOLLO NAVANA HAMKO VOLVO RANGS GLOBATT 39 Reasons for purchasing from the outlets (Users) TOP LUCAS SPARK GREEN EXIDE APOLLO NAVANA HAMKO VOLVO RANGS GLOBATT Familiar shop/outlet 68% 73% 61% 70% 79% 62% 69% 70% 80% 57% Provides discount 27% 27% 17% 7% 23% 25% 24% 21% 10% 14% Good after sales service 41% 48% 33% 33% 44% 39% 50% 42% 40% 35% Retailer behaves well towards Users 19% 17% 24% 15% 23% 18% 22% 22% 25% 22% Provides real battery 48% 37% 52% 30% 43% 45% 49% 42% 25% 46% Provides credit facility 15% 14% 18% 15% 16% 15% 14% 9% 20% 5% Accepts credit/debit card 3% 3% 2% 0% 4% 5% 2% 2% 10% 0% Right price 46% 41% 40% 41% 34% 42% 43% 32% 20% 38% Nearest place 21% 31% 24% 15% 19% 23% 22% 20% 40% 16% By MRB Bangladesh 40 Important attributes & Most important attribute (Users) Most important attribute Important attributes 84% Durable 55% Good warranty 42% Good quality 37% Low price 30% VFM 28% No need to give charge frequently Famous battery 27% Safe 26% Battery never gets down easily 25% No need to top up with water frequently 25% Gives discount Experienced with 8% Good quality 45% Reliable 41% Durable VFM 6% Good warranty 6% Reliable 6% Worldwide trustworthy country made 4% Low price 3% Provides best after sales service 3% Experienced with 3% Battery never gets down easily 2% No need to give charge frequently 2% Safe 2% 23% 20% According to users Durability is the most important attribute of a Battery followed by Good Quality, VFM & Good warranty. Base-2086 By MRB Bangladesh 41 Report Structure Background and Objective Sample C SAT Brand Health Tracking Source Of Awareness Summary By MRB Bangladesh 42 Source of Awareness (Users) Base-2086 TOP On bus/ Bus stop Shop leaflet/ paper/ brochure Radio 21% 24% 21% 6% 6% 33% 8% 10% 55% 46% 18% 15% 17% 15% 4% 3% 22% 7% 8% 39% 17% 18% 19% 16% 21% 3% 4% 24% 3% 4% 11% 16% 15% 14% 12% 16% 4% 6% 16% 4% APOLLO 13% 14% 17% 14% 16% 13% 3% 3% 18% NAVANA 21% 15% 17% 10% 12% 14% 7% 4% HAMKO 21% 18% 19% 18% 20% 16% 4% VOLVO 19% 16% 17% 16% 21% 13% RANGS 13% 14% 14% 11% 10% GLOBATT 18% 20% 16% 10% 12% Newspaper/ Magazine Holding/ Wall Bill board painting TV LUCAS 30% 28% 25% SPARK 17% 15% GREEN 17% EXIDE Hanging ad/Banner Internet / backlit signboard Road show From Shop sign/ words of shopkeep Mechanics Flange mouth er others None 39% 2% 2% 38% 27% 2% 5% 46% 37% 37% 1% 6% 6% 35% 33% 25% 4% 9% 4% 6% 32% 31% 23% 2% 7% 20% 6% 8% 34% 42% 26% 2% 9% 3% 24% 6% 9% 45% 42% 32% 4% 5% 4% 3% 21% 5% 9% 40% 39% 29% 3% 5% 11% 4% 3% 16% 4% 6% 30% 35% 21% 3% 11% 18% 7% 4% 20% 6% 7% 28% 37% 20% 1% 8% Major source of awareness comes from the shopkeepers & the words of mouth By MRB Bangladesh 43 Exposure to Any Battery Communication (Traders) Any battery communication Yes 20% No Base-183 80% Source of Awareness 58% 52% Base-147 46% 44% 40% 33% 31% 27% 20% 11% 7% 4% 80% traders have been exposed to battery advertisement & their main source of awareness is from the company person followed by TV By MRB Bangladesh 44 Report Structure Background and Objective Sample C SAT Brand Health Tracking Maintenance Summary By MRB Bangladesh 45 Maintenance Cost Top up battery with water 18% Yes No 82% Base-2086 Is there any maintenance cost? Maintenance cost per battery 10% 23% 49% 51% Yes Base-2086 67% No less than 200 taka 201-500 taka above 500 taka Base-1058 By MRB Bangladesh Report Structure Background and Objective Sample C SAT Brand Health Tracking Replacement Summary By MRB Bangladesh 47 Replacement (Users) Base-2194 Needed any replacement Yes No 86% 93% 89% 95% 93% 86% 86% 87% 90% 78% 14% LUCAS 7% SPARK 11% GREEN 5% EXIDE 7% APOLLO 14% NAVANA 14% HAMKO 13% VOLVO 10% RANGS 22% Time taken to replace the battery T2B B2B Base 79 LUCAS 21 82 NAVANA 18 80 HAMKO VOLVO MID 72 GLOBATT 16 22 1 117 0 22 4 51 6 36 Base-274 T2B- Very short time/ B2B- Very long time 12% of the respondents had to replace the last purchased brand and Companies didn’t take much time for the replacement By MRB Bangladesh 48 Time taken to provide the battery after placing an order (Traders) Time taken to provide battery after placing the order T2B LUCAS SPARK GLOBATT HAMKO VOLVO APOLLO GASTON RANGS NAVANA BT EXIDE GREEN 83 78 80 79 81 85 82 76 78 89 77 72 Mid B2B Base 12 6 16 6 10 10 15 6 9 10 13 3 16 3 22 2 14 8 5 5 12 12 18 11 121 104 60 125 100 79 38 50 73 19 26 57 T2B-Very short time/short time B2B- Very long time/long time BT followed by Apollo, Lucas and Gaston took the shortest time to deliver the product after placing the order. Rests brands are almost in a same position By MRB Bangladesh 49 Frequency of Product Delivery Once in 2-3 days 2 3 6 4 78% 18 17 17 17 once in a week 3 0 17 73% 22 3 6 80% once in two weeks 4 8 15 20 76% 0 18 1 8 11 19 20 once in a month 0 0 8 79% 20 69% 29 13 32 40 44 40 34 42 43 37 (Traders) once in two months 4 10 82% 11 5 19 72% 19 21 16 LUCAS 12 SPARK 18 GLOBATT 22 HAMKO 14 VOLVO 0 4 4 5 35 67% 23 33 33 26 26 30 21 Don't come 35 16 16 10 15 21 APOLLO GASTON RANGS NAVANA BT 4 EXIDE 21 11 GREEN The product delivery frequency is high for Gaston and Globatt By MRB Bangladesh 50 68% Report Structure Background and Objective Sample C SAT Brand Health Tracking Communication with Call center Summary By MRB Bangladesh 51 Communication with Call center (Users) Approached to Call Center 2% Could reach to Call Center Yes No Yes 20% 98% No 80% Base-2194 Low Base-51 Only 2% of the total respondents has approached to call center and 80% of the them could reach to call center By MRB Bangladesh 52 Report Structure Background and Objective Sample C SAT Brand Health Tracking Others Summary By MRB Bangladesh 53 Base-2086 Result Summary (Users) TOM Total Consideration Ever used Awareness Bottom TOP Used in last 12 months MOUB Last Recommend Mostly purchase others recommend brand Satisfaction on last purchase brand LUCAS 45% 98% 97% 71% 45% 43% 67% 43% 40% 97% SPARK 4% 69% 65% 14% 6% 5% 12% 4% 5% 99% GREEN 4% 18% 17% 8% 6% 5% 8% 5% 5% 93% EXIDE 1% 15% 12% 3% 1% 1% 3% 1% 1% 93% APOLLO 4% 64% 56% 12% 6% 5% 11% 5% 5% 98% NAVANA 7% 67% 61% 22% 9% 7% 18% 7% 7% 98% HAMKO 17% 70% 68% 33% 20% 17% 29% 17% 18% 97% VOLVO 13% 71% 67% 30% 16% 13% 26% 13% 14% 97% RANGS 1% 35% 29% 4% 1% 1% 3% 1% 1% 95% GLOBATT 1% 22% 22% 4% 2% 1% 3% 2% 2% 100% By MRB Bangladesh T2B 54 Base-183 Result Summary(Traders) TOP Bottom TOM Total Awareness Available in the store Recommend others Mostly recommend Mostly sold brand LUCAS 27% 99% 68% 79% 40% 33% 88% 84% SPARK 9% 96% 57% 56% 18% 16% 86% 76% GLOBATT 2% 68% 34% 27% 4% 5% 78% 88% HAMKO 20% 100% 69% 73% 22% 28% 84% 86% VOLVO 15% 97% 56% 58% 14% 18% 76% 80% APPOLO 5% 92% 44% 52% 15% 14% 73% 72% GASTON 2% 71% 22% 15% 2% 2% 76% 68% RANGS 3% 85% 27% 21% 4% 4% 70% 78% NAVANA 4% 97% 40% 38% 5% 6% 71% 75% BT 3% 45% 10% 8% 2% 3% 79% 79% EXIDE 3% 56% 15% 17% 4% 4% 62% 69% GREEN 5% 70% 33% 38% 13% 13% 95% 91% By MRB Bangladesh Overall business Profit margin T2B 55 Summary (Users) Brand health: Lucas is the distant leader in terms of TOMA (45%). Thus highest awareness for Lucas (98%) followed by Hamko (70%) and Volvo (71%) 67% users have heard a lot about Lucas followed by Hamko (42%) & Green ( 42%) 44% users stated that Lucas is the only brand they would consider to use and most important reason for considering Lucas is its good service and durability. Lucas is the most often used (MOUB) battery among the users followed by Hamko and Volvo. According to users, most important battery attribute is durability/ long lasting . Satisfaction: Users are satisfied with the performance of their last purchased battery. As a result they are not willing to switch their battery. Consideration convert into purchase mostly for Lucas, Hamko and Volvo. Most of the users are loyal with their regular brands. Source of awareness: Users mainly get to know about the battery brands from the shopkeepers and the words of mouth. By MRB Bangladesh 56 Summary (Traders) Brand health: The awareness of Rahimafrooz battery brands are very high among the Retailers. Lucas and Hamko are the most available brands among traders & also got the highest score in terms of “Most recommended brand”. These two brands are also mostly sold brands. Satisfaction: Overall business is very good for any Rahimafrooz battery brands. They are very satisfied with Green, Hamko and Globatt on profit margin. Pre and after sales service are high for Hamko and Apollo whereas low for Exide & Green. On quality of product Hamko is the retailers’ 1st choice Almost half of the traders said that Rahimafrooz was giving the credit facility and one third said that they gave gifts as well Source of awareness: 80% of the traders are exposed to any battery communication and their major source of awareness are company sales person and TV By MRB Bangladesh 57 Recommendation and Way Forward Lucas: Very popular and most aware of brand. Due to lack of innovations or changes people are feeling kind of monotonicity with the brand. Need to work on ‘Colour’ and ‘Design’. Spark: Durability perceived as a problem with this battery. Globatt: Creating awareness is the most critical task. It will probably take a generation to move to MF batteries as people will only change if their current one is expired. By that time, creating strong awareness with detail of benefits to create relevance. Need to make people realize the ‘Value for the premium price’ and ensuring ‘availability’ to create ‘awareness’ is critical. By MRB Bangladesh 58 Thank You Your Contact: Specialist Team A N M Ziaul Islam Mithu Group Business Director ziaul.islam@mrbglobalbd.com © 2016 MRB – All rights reserved. 59