JK
Tyre Ranks Highest in India Original Tyre Customer Satisfaction
Study
JD Power Asia Pacific 2005 TCSI Study SM
Moving up from third position in 2004, JK Tyre ranks highest
in customer satisfaction with original tyres purchased in
India, according to the JD Power Asia Pacific 2005 India
Original Tyre Customer Satisfaction Index (TCSI) Study SM.
The study, now in its fifth year, measures customer satisfaction
with tyres equipped on new vehicles at the time of purchase.
More than 2,700 new-vehicle owners of 26 different models
in India were surveyed between June and August 2004 after
12 to 18 months of ownership. Overall tyre performance is
based on five factors (in order of importance): appearance
(28%); durability (27%); ride (16%); traction (16%) and
handling (13%).
JK Tyre receives the highest ranking in India with an overall
satisfaction score of 781 index points (on a 1,000-point
scale). JK Tyre's top ranking is driven by industry-leading
performances in all five factors. The overall industry average
is 771 index points, showing marginal (1 index point) year-over-year
improvement.
"JK Tyre has the highest proportion of customers in India
delighted with the performance of their original Tyres,"
said Mohit Arora, India director at JO Power Asia Pacific
in Singapore. "Their focus on customer satisfaction is further
evidenced by a growing proportion of delighted customers
over the past three years. As a result, JK Tyre emerges
as the most improved tyre make in the study from 2004."
The study reveals that customers in India today expect higher
tyre mileage, as highlighted by a 25 per cent y-o-y increase
in the median number of kilometers expected from original
tyres. At a tyre-make level, the tyre mileage expectations
have increased the most for Bridgestone and MRF.
"Tyre manufacturers not only need to provide better tyre
performance but also need to focus on aligning strategies
to customer expectations so they can provide a satisfactory
tyre ownership experience," said Arora.
Among all customers who report a problem with their tyres,
nearly one in five report damage from puncture as the most
critical problem. The study finds that the absence of tyre
problems contributes to greater levels of satisfaction and
strongly influences customers' perceptions of the tyre brand.
Furthermore, problem-free tyre experiences lead to a higher
degree of advocacy and loyalty for the tyre brand. Among
customers not reporting a problem, more than one half say
they would definitely consider repurchasing the same tyre
brand and nearly two-thirds report that they would recommend
their tyre brand to others.
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