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Transcript of INTERNSHIP REPORT ON “A Study on Marketing of the Health ...
INTERNSHIP REPORT ON
“A Study on Marketing of the Health Check Packages and their Pricing in
Columbia Asia Hospital”
BY
MADHU KISHORE.N
(1NH14MBA64)
Submitted to
VISVESVARAYA TECNOLOGICAL UNIVERSITY, BELGAUM
In a partial fulfillment of the requirement for the award of the degree of
MASTER OF BUSINESS ADMINISTRATION
Under the guidance of
INTERNAL GUIDE EXTERNAL GUIDE
Mrs. Kerena Anand Mr. Faraz Ahmed
Senior Asst.Professor Senior marketing head
Department of MBA
NEW HORIZON COLLEGE OF ENGINEERING
Near Marathahalli, Outer Ring Road, Kadubeesanahalli, Bengaluru,
Karnataka 560 103
2014-2016
ACKNOWLEDGEMENT
I wish to place on record my deep sense of appreciation to all those who made this project
come into existence and guide me from the start to finish. I express my sincere gratitude to
the institution of New Horizon College of Engineering, Bangalore.
I would like to thank Dr. Manjunath, Principal of New Horizon College of Engineering,
Bangalore for giving me the opportunity to prove my caliber by submitting this project
report.
I am grateful to Dr. Sheelan Misra, Head of Department of Management Studies, New
Horizon College of Engineering, Bangalore for her support in the formatting and
completion of this project.
I am indebted to my guide Mrs. Kerena Anand for her support from the beginning till
completion of this study.
I extend my sincere gratitude to Mr.Faraz Ahmed, Senior marketing head, Columbia Asia
(white field), Bangalore for giving me the time and information needed for making this
assignment successful.
MADHU KISHORE.N
1NH14MBA64
TABLE OF CONTENT
Sl.No
Particulars
Page Nos.
1 INTRODUCTION 1-5
2 INDUSTRY AND COMPANY PROFILE 6-18
3 THEORETICAL BACKGROUND 19-27
4 ANALYSIS AND INTERPRETATION 28-61
5 FINDINGS, SUGGESTIONS AND
CONCLUSION
62-64
BIBLIOGRAPHY 65-66
ANNEXURE 67-70
LIST OF TABLES
Table No.
Particulars
Page Nos.
Table - 4.1(A) Age group of customer 28
Table - 4.1(B) Gender of customer 30
Table - 4.2 Reason for choosing Columbia Asia
Hospital
32
Table - 4.3 Frequency of visiting Columbia Asia 34
Table - 4.4 Service Availed in Columbia Asia 36
Table - 4.5 Sources of information 38
Table - 4.6 Value for money 40
Table - 4.7 Health check packages clearly describe by
the health check executive
42
Table - 4.8 Spontaneity of responses by the service
provider
44
Table - 4.9 Frequency of health check done 46
Table - 4.10 Hospital meets Customer expectation 48
Table - 4.11 What bases hospital helped in selecting the
health check packages
50
Table - 4.12 Whether the hospital enquired about past
health status
52
Table - 4.13 Pricing of Columbia Asia with their
Competitors
54
Table - 4.14 Satisfaction level of service provided by
Columbia Asia
56
Table - 4.15 Testing of hypothesis: 60
Table - 4.16 Chi –Square Test 61
LIST OF FIGURES AND CHARTS
Chart No.
Particulars
Page Nos.
Chart- 4.1(A) Age group of customer 29
Chart - 4.1(B) Gender of customer 31
Chart - 4.2 Reason for choosing Columbia Asia
Hospital
33
Chart - 4.3 Frequency of visiting Columbia Asia 35
Chart - 4.4 Service Availed in Columbia Asia 37
Chart - 4.5 Sources of information 39
Chart - 4.6 Value for money 41
Chart - 4.7 Health check packages clearly describe by
the health check executive
43
Chart - 4.8 Spontaneity of responses by the service
provider
45
Chart - 4.9 Frequency of health check done 47
Chart- 4.10 Hospital meets Customer expectation 49
Table - 4.11 What bases hospital helped in selecting the
health check packages
51
Chart - 4.12 Whether the hospital enquired about past
health status
53
Chart -4.13 Pricing of Columbia Asia with their
Competitors
55
Chart - 4.14 Satisfaction level of service provided by
Columbia Asia
57
EXECUTIVE SUMMARY:
These health check-up packages represent of a spread of check up to see and forestall the
incidence of single that indicate health problem and facilitate you with the simplest medical
treatments. There are varied preventive health care and health check-up programs introduced
by company chain which will be availed at reasonable costs. The motive to study the
marketing techniques of health check packages is to explore the components of the health
check packages, to find out how the hospital helps the customer to decide the health check
packages and to study the pricing policies of health check packages. The factors taken into
consideration for demographic data is age and gender and the influencing factors for the
organization could be the reason for choosing Columbia Asia , frequency of visiting ,service
availed , awareness ,value for money, etc. By taking these factors we have observed that it is
expensive and there is scope to develop various packages as well and concentrate more on
service provided and it is required to make a comparative study .Organization by considering
these factors should focus on improving media of advertisement, improve loyalty program,
diversified packages .where this can help in critical evaluation and to put forth various inputs
to the organization. When inculcated by the organization, could help in excel in this industry
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CHAPTER-1
INTRODUCTION
Introduction about the internship:
Internship project work has been done as a part of MBA academic curriculum of
VISVESVARAYA TECHNOLOGICAL UNIVERSITY (VTU). It is an learning situation
where students has the occasion to gain practical knowledge and initiative to bridge the gap
between knowledge and its application through a series of interventions that will enables us
to gain an exposure to the industry. To respect the norms of internship is necessary to fulfil
the practical requirement of MBA program of 10weeks of internship in related fields would
certainly boost up the performance of the students in the real situation in the world. This full
time management program and the faculty of management, VTU with four semesters
covering an international standard period of 2 year.
This study is to understand on marketing of the health check packages and their pricing in
Columbia Asia hospital. The main purpose of the internship is to get practical experience of
work. It helps to develop skills like leadership, commitment, problem solving, decision
making, good communication, research and evaluation skills etc.
The thinking and the imagination remain only to the extent of what is said in the class room.
It becomes very important that every student is given an opportunity totally their thinking and
imagination to the real situations and then make questions for themselves whether it is the
same in internship provides an clear answer to the various questions that arises by every
students to themselves. Thus internship plays a major role as a part of our education.
Topic:
“A study on marketing of the health check packages and their pricing in Columbia Asia
hospital”
Need for the study:
This study is to know whether the customer are satisfied or not, and to know what all are the
requirements It is important to conduct a study to know the type of package and pricing
system to be followed in the organisation. This will accelerate more profit as well. This study
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can in turn bring greater benefits to the organisation in initiating and effective health
packages there by leading to increase customer satisfaction level
OBJECTIVE OF THE STUDY
• To study the marketing techniques of health check packages.
• To explore the components of the health check packages.
• To find out how the hospital helps the customer to decide the health check packages.
• To study the pricing policies of health check packages.
SCOPE OF THE STUDY
The scope is limited to health care sector in specific to Columbia Asia (White field Branch).
This study tries to identify the marketing strategy used in marketing of health check
packages. Were the due consideration given in emphasizing the customer to make use of
health check packages ,by using pricing strategy to attract them and increase the satisfaction
level of the customer.
STATEMENT OF PROBLEM
The study is conducted to analyse the marketing of health check packages and their pricing at
Columbia Asia. It is conducted to know the type of package and pricing system followed by
the organisation and its impact with respect to increase in the customer satisfaction levels
there by providing stability in the competitive market followed by:
Finding the effectiveness of the existing health check packages which are used to
attract & retain the customer to the organization and
To evaluate with the set parameters - how beneficial is these packages to the customer
and to further improve the level of satisfaction of the customers towards the
organization.
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RESEARCH METHODOLOGY
DATA COLLECTION
1) Primary data.
a) Questionnaire administered to customer
b) Interview with hospital Personnel
2) Secondary data.
a) Company website
b) News letter
c) Journals
d) Management text books
SAMPLING METHOD:
The responses are selected on the basis of simple random sample method.
Sample size:
The size of sample is 120 respondents.
Tools:
Excel
Chi-Square
REVIEW OF LITERATURE
D.R. Singh and D.D Sharma (1994) in their articles “Marketing of health care service –Risk-
taking formation and managing of treatment homes in Jalandhar” best part that management
of health service want development thus on bring it to for work identical track through
innovative inspiration
Kotler and Clarke within their books “marketing for health care organization “conversed the
method and income that to be implemented for integrating promoting in the health care
administrations. They advocate that PR and designing perform.
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Keith (1981) in his article “marketing health care: what's recent literature impressive us
“supported the role of provide –request chain in making hospital to implement helping
methods to serve their public.
GM .Naidu in their articles the study indicated important proof for final the efficiency of
promoting in the health care trade. The inferential analysis of the study reinforced the
desirability of hospital changing into additional selling orientated. These hospitals had
additional entrance fee per bed, higher internet incomes restrictions, lower pay to income
quantitative relation & a better come back on impartiality.
Richard K .Thomas and Louis G .Pol (1993) within their articles emphasised that
contribution of health human ecology in the advancements of the formal of selling of
promoting in health care and reducing obstacles that have unintelligent that expansion of
mature advertising functions among the health care trade. they says that health Care trade
should advance suggests that for measure “Quality” and estimating the efficiency of product,
evaluation advertising and spreading selections .They instructed that health care marketers
should embrace the new field of health human ecology if they expects to stay their
organisations economical.
S.L.Goel (1994) in his study “marketing of health service –hospitals in north India” best part
that hospitals are insulant social control skills and are inadequate to induce better of resources
accessible. The study concludes that hospitals should aim at growing their economical
differentiations their service excellence and tier efficiency through advertising coordination.
Rajiv Kumar Jain (2000) mentioned enlargement and carrying out of the methods service
vision on a dynamics basis for the company hospitals. He complete that within the free up
reasonable setting hospital have to be obligated to evolve and instrument a strategic vision
not only to continue however to grow and supply benefit.
Ambuj Bhardwaj, D.K Sharma, R.K Sharma and P.C Chaubey (2001) conducted an
investigative analysis to realize an in-depth accepting of health acre client expectations and
their perceptions of service quality. They complete that health care suppliers should closely
monitor the distribution if care and client wants at the same time having the ability to retain a
superiority among a progressively} competitive market by developing a more happy
consumer base.
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LIMITATIONS OF THE STUDY
• Availability of time is only two months hence detailed analysis of study may not be
possible.
• Customer responses might be biased.
• The study is restricted to only Columbia Asia hospital in White field.
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CHAPTER-2
INDUSTRY AND COMPANY PROFILE
INDUSTRY PROFILE: The health care trade (also known as the health business or health economy) is associate
combination and amalgamation of portions among the financial system that gives product and
services to treat patients with curative, precautionary, rehabilitative, and comforting care. It
contains the group and commercialization of products and services loaning themselves to
maintaining and re-establishing health. The fashionable health care business is split into
several sectors and be contingent on knowledge base groups of trained specialists and
paraprofessionals to satisfy health wants of people and populations
The health care trade is one amongst the world’s largest and fastest-growing businesses
overwhelming over ten % of gross domestic product (GDP) of most developed countries,
health carefulness will kind associate immense a part of a country's economy
Medicinal services has completed up one of India's significant areas - both as far as salary
and occupation Healthcare contains clinics, medical procedures, clinical trials,
subcontracting, telemedicine, medical tourism, health assurance and medical tools. The
Indian healthcare sector is increasing at a sharp pace due to its firming up treatment, services
and accumulative outflow by government as well reserved players.
Indian healthcare distribution structure is characterized into two major modules - public and
private. The Supervision, i.e. municipal healthcare system includes restricted subordinate and
tertiary care organisations in key cities and attentions on as long as basic healthcare facilities
in the form of major healthcare canters in rural areas. The private sector delivers majority of
secondary, tertiary and quaternary care organizations with a main attention in metros, tier 1
and tier 2 metropolises.
India's expensive benefit lies in its great pool of well-trained medical specialists. India is also
cost economical compared to its upper class in Asia and Western nations. The cost of
operation in India is around one-tenth of that in the US or Western Europe.
7 | P a g e
Healthcare segment growing trend
By 2017, the healthcare business size is estimated to touch US$ 160 billion.
Market division by revenue:
10 | P a g e
Columbia Asia is a worldwide social insurance bunch working a chain of cutting edge
doctor's facilities crosswise over Asia. Columbia Asia Hospitals Pvt. Ltd. is one of the
primary human services organizations to arrive India over 100% remote direct ventures (FDI)
course. The Columbia Asia Gathering is possessed by more than 150 private value
organizations, store administration associations and individual financial specialist.
Columbia Asia Healing facility – Whitefield, Bangalore, a multi-claim to fame doctor's
facility is currently open. Columbia Asia, a global social insurance bunch conveys to
Whitefield its whole bundle of administrations, exceptionally qualified specialists rehearsing
universally benchmarked standard conventions, fabulous nursing administrations in
extremely current surroundings with friendliness a key part of administration conveyance.
The Hospital with a developed territory of more than two hundred thousand sq. ft. with 153
beds to take into account the necessities of group.
The Columbia Asia "model healing centres" are the consequence of a 13-year advancement
exertion that consolidates 'best class of consideration' with 'best innovation' rehearses, all
under one rooftop consequently separating itself from whatever is left of the doctor's
facilities.
Columbia Asia healing facilities are perfect, effective, reasonable and open. The advanced
plan of the hospitals, since their sensible size to their inventive technology, is focused on
making positive involvement for patients.
Columbia Asia in India initiated operations in 2005 in Hebbel – Bangalore and at present
Columbia Asia works eleven offices. The gathering has vicinity in Pune, Gurgaon
Ahmedabad, Bangalore, Mysore, Kolkata, , Ghaziabad, Patiala and
VISION:
“TO BUILD THE BEST MANAGED HEALTH CARE ORGANSIZATION IN ASIA”
MISSION:
“COLUMBIA ASIA IS PLEDGED TO DELIVER EFFECTIVE AND MODERATE
MEDICAL SERVICES IN CLEAN AND MINDING ENVIRONMENT”
11 | P a g e
OUR MOTTO:
“CUSTOMER FIRST”
OUR PEOPLE:
We hire the best talent from medicinal services and other industries, invest in training the
employees and have numerous rewards and recognitions for them.
INFRASTRUCTURE:
Columbia Asia today serves more than one million patients reliably. Our mending focuses
offer far reaching clinical projects that are upheld by a rundown of subordinate
administrations (ICU, NICU, physiotherapy, referral lab, tele radiology /telemedicine, drug
store and imaging offices).
A complete electronic medicinal records framework shapes the center of the doctor's facility
data framework (HIS) that backings clinical choice making. While four of our healing centers
are as of now licensed by NABH, the rest are under procedure. We take into account social
insurance needs of universal patients from created and creating nations.
12 | P a g e
SERVICES AND FACILITIES:
Round-the-clock Emergency services
Round-the-clock Laboratory Services
Round-the-clock Radiology Services
Round-the-clock Pharmacy
24-Hour MRI & CT Services
6 Major Operating Rooms
153 bedded Inpatient Facility
Ambulance Services
Cath Lab
Dedicated Labor and Delivery Suite
Dialysis Center
Endoscopy Suite
Integrated Clinics
Intensive Care Unit (ICU)
Pediatric Intensive Care Unit (PICU)
Level 3 Neonatal Intensive Care Unit (NICU)
In-house Columbia café
Diet and dietetics
Casualty Specialist Clinics
Physical therapy
Precautionary Health Screening
13 | P a g e
SPECIALITIES
Anesthesiology
Bariatric Surgery
Cardiology
Interventional Cardiology
Non- Interventional
Pediatric
Cardiothoracic and Vascular Surgery
Critical Care Medicine
Dermatology and Cosmetology
Emergency Medicine
Endocrinology
ENT
Endoscopic Surgery
Bone Anchored Hearing Aid (BAHA)
Gastroenterology
General Surgery
Minimally Invasive (Laparoscopy) Surgery
Infectious Diseases
Internal Medicine
Medical Oncology & Clinical Hematology
Neonatology
Nephrology and Renal Transplant
Neurology
Neurosurgery
Nutrition & Dietetics
Obstetrics and Gynecology
High Risk Pregnancy
Advanced Laparoscopic Surgery
Ophthalmology
Orthopedics Surgery
Joint Replacements (Knee/Hip)
14 | P a g e
Supports medicine &Arthroscopy
Shoulder Surgery
Pediatric Orthopedics
Pain Management
Pediatric Gastroenterology
Pediatric Surgery
Pediatrics
Plastic & Reconstructive Surgery
Hand Surgery
Psychiatry
Pulmonology
Reproductive Medicine & IVF
Rheumatology
Surgical Gastroenterology
Surgical Oncology
Urology
Vascular and Endovascular Surgery
Wound Care
15 | P a g e
COMPETITORS ANALYSIS:
Manipal hospital:
It as special identification in the overall health care industry in India. Were it is the third
largest health group with 15 hospitals and 3 clinics. With all modern amenities.
In Manipal (old airport road) it has 630 beds and OTs 15. With average business of 85crs per
year.
It as venture with pantaloons retail for inclusive retail health care foray.
Apollo Hospital:
Apollo hospital has developed because the single largest non-public cluster in south Asia .it
activates hospitals, health center, test center.
It has 41 specialty hospitals with 9000 beds, 1500 pharmacies, 15 telemedicine, 15 academic
institutions and research centers across the global.
Fortis health care ltd:
This is the corporate based through the sponsors of the Indian drug major, Ranbaxy
laboratories, in progress in 2001. It has been located in Bangalore, Chennai, Mumbai etc. it
has 76 hospital and 191 clinics and 230 diagnostic centers across the global.
It as venture with property player DLF to line up hospitals across the nation.
Cloud nine:
Gives an insightful scope of end to end administration than range from predisposition through
maternity and pediatrics.
In cloud nine (old airport road) it as 48beds and 3OTs with the average business of 4crs per
year. The hospital as world class facilities which are fulfilled the standards of health care
industry.
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Narayana Hrudayalaya multispecialty hospital:
It was one of the premium health care hospitals in Whitefield. It as a special identification
through cardiology, Neurosurgery and Gynecology and pediatrics. It has 152 beds and 5OTs
with the average business of 2.3Crs per year.
Yashomati Hospital:
Yashomati Hospitals is an advanced multi-claim to fame social insurance supplier, situated in
the silicon valley of India – Bangalore. Having begun its operations in September 2010, the
240 bed healing facility has more than 30 claim to fame focuses offering best in class
analytic, restorative and serious consideration offices in a one-stop therapeutic focus situated
close Kundanahalli Gate in Marathahalli. With the average business of 1.5 Crs per year.
Sakra:
The SAKRA World Hospital is resolved to cutting edge restorative consideration through
imaginative and productive administrations, making a domain of proceeded with quality
change and mastery of the best doctors. Sakra World Hospital (A unit of Takshasila Hospitals
Operating Private Limited) is a joint endeavour organization between Kirloskar Group,
Toyota Tsusho and Secom Hospitals. It is India's first MNC clinic focused on the propelled
medicinal consideration that improves the estimation of human life. It has 350Beds and
12OTs with and an average business of 14crs per year.
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SWOT ANALYSIS:
STRENGTH
NABH accredited
Excellent infrastructure facility.
Usage of most recent innovation.
Highly dedicated and responsive
management team.
High reputation
OPPORTUNITIES
Change in population profile.
A business sector emptied by the
contenders.
Competitors vulnerability
Availability of corner market
WEAKNESS
Absence of skilled staff in certain
critical areas
Crevices in capabilities and service
areas
THREATS
Risk from competitors.
Political Factors.
Loss of highly skilled staff and strength.
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FUTURE GROWTH AND PROSPECTS:
Columbia Asia is planning to launch new three more hospital in India.
The three places to set up new hospitals are Bangalore, Ahmedabad, and Chandigarh.
They are planning to make more than 300 beds capacity hospital with all the modern
technology.
They are focusing to target Indian market and make their business and no.1 in Indian
with providing best treatment with fewer prices.
19 | P a g e
CHAPTER -3
THEORETICAL BACKGROUND OF THE STUDY
WHAT IS MARKETING?
Dr Philip Kotler describes marketing as “the science and art of exploring, generating, and
providing price to fulfil the wants of a target market at a profit. Selling categorizes
unsuccessful desires and needs. It defines measures and the dimensions of the known market
and also the profit potential”.
THE SEVEN P’S COMPONENTS OF THE HEALTH CARE
MARKETING
The marketing combine definition is straightforward. It’s regarding swing the correct product
or a mix therefrom within the place, at the correct time, and at the correct value. The tough
half is doing this well, as you would like to understand each side of your business set up.
PRODUCT
The product mix in clinics in terms of its length contains of three merchandise lines – patient
services, vehicle services, and Health advertising. Each line will have assured dimension –
the patient facilities embrace medical/ operating, Paediatric, medication and viscus medical
care and each product item will have certain depth
PRICING
Pricing is that the supreme frequently accustomed define the particular trust created by a
corporation. In hospital costs pass numerous names. Evaluation in hospital services is mostly
done by trust in sight the value of running the hospital, the expenses, wages of the physicians,
nurses and body employees, value of organization, bed use, excellence of facility etc.
PLACE
Hospitals should be simply available to the patients and be sufficiently protected against
contamination. Each hospital ought to attempt to build services offered and available to its
board shoppers. Whereas distributing health care accessibility with physicians, hospital
directors, donors, government, insurance corporations, employers is required.
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PROMOTIONAL ACTIVITIES
The 5 tools of the selling combine – service, price, place, advertising, and other people
square measure communication tools. Messages square measure carried to the market by the
service’s styling and options, its giving worth and also the places and times through
promotion operate. The promotional tools square measure various and varied. These tools
make up four teams - Advertising, sales promotion, personal marketing, and publicity.
PEOPLE
The individuals in a very hospital include doctors, nurses, paramedical employees, supporting
employees and front workplace executives. Columbia Asia manages employees, by
developing and enhancing a scientific service culture.
PHYSICAL EVIDENCE
The physical proof essentially wraps the service Associate in Nursing conveys an external
image what's within to customers. The physical proof of Columbia Asia includes admission
workplace, signs, patient care space, medical instrumentality, hospital room, building
exterior, worker uniforms, reports and stationary, request statements, web site etc.
PROCESS
Process is an important component within the invention and distribution of service. Since the
indivisible nature of services doesn't enable some variations within the invention and
distribution of a service, method converts associate degree wide ‘P’ for service marketers.
The Columbia Asia has simplified the procedure for admission for treatment. It’s taken all
measures to increase medical treatment in single premises that has created simple
accessibility to any or all patients to avail the services of assorted specialised doctors.
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PESTIL ANALYSIS
POLITICAL FACTORS
Political factors embrace Fiscal policy, external trade rules, political constancy, labour laws,
environmental laws, etc. Administrations have to be compelled to modify their promoting
rule with present and expected upcoming legislation.
In the care sector, political focus and compression on health care will result in reductions that
could be harm to the business.
ECONOMIC FACTORS
Economic factors embrace financial process, increase, money rate of exchange, interest rates,
etc. Financial factors will be of macro-economic and micro-economic factors.
Macro-economic factors handle the demand in economy, i.e. government’s rate of interest,
budget –expenditure, tax policies.
Micro-economic factors are concerning public expenses. These factors are of people’s
financial gain and spending. Small economic factors influence additional on B2C
administrations.
General, economic factors impacts on organization’s corporate and income.
In the care subdivision, a rise in shopping for teams can lead the organization to ought to
introduce price value-added processes
SOCIAL FACTORS
Social factors take into thought attributes like demographic population, financial gain
dissemination, modus vivendi changes, public quality, perspective towards leisure and
payment, etc. These factors directly have an effect on the shelves of product. Social analysis
helps in understanding the client read and what efforts them.
In the care subdivision, a rise in client alertness will raise opportunities for worth clearness
that successively puts compression on client service.
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TECHNOLOGICAL FACTORS
Technological factors will take away the obstacles to enter into a market. It helps to bring
new inventions like corporate method automation. For instance, one will notice inventive
ways in that to production so as to realize economies of scale and fewer work time which
straight affects the price and presentation. Additionally, knowledge will facilitate uniform
info distribution.
In the care sector, new technologies in public media can urge the administrations to make
new e-Models.
LEGAL FACTORS
Legal factors embody company laws, labour laws, remuneration laws, consumer’s rights and
laws etc. it's vital that corporations perceive what to try to and what to not do for victorious
trade. If a corporation trades globally, then this can be an awfully important space to require
care, as every country has its own set of legal rules and laws.
In the care sector, if there's increase in judicial proceeding, then the organization’s quality
becomes key
ENVIRONMENTAL FACTORS
Environmental factors became a very difficult problem as a result of several restrictions and
insufficiency. These factors embody environmental problems like rate of carbon discharge,
temperature change, habits, diseases, and decrease in stuff, pollution targets, and client
demand for ethically supplied product and from property source.
In the care sector, setting programs and public awareness can create the organizations to look
on behalf of eco-friendly choices to promote.
It is necessary to note that four out of the six paradigms in PESTEL analysis significantly
betting on the sort of business. For instance, shopper organizations are keener towards social
factors, whereas political factors play a significant role in defence business.
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TYPES OF HEALTH CARE MARKETING
RELATIONSHIP PROMOTING
Depending on the sort of health care supplier, a possible health care client are often a
shopper, another business, Associate in Nursing protection firm, a hospital or a mixture of 2
or additional client sorts. Consistent with the CBS Interactive Business Network, completely
dissimilar client sorts have their personal sets of requirements, wants and opportunities from
a health care supplier. To be effective, the promoting message and method has to meet the
shoppers wherever they are at. Relationship promoting emphasizes progressing to recognize
the client on a private level and making channels of message that the client impressions snug
enough to use. By beginning a relationship with customers, health care suppliers will higher
object their promoting communication to the kinds of shoppers they are helping.
DATA-DRIVEN PROMOTING
Health care services square measure a heavily controlled trade wherever measures,
knowledge following and performance investigation square measure intrinsically needs for
meeting restrictive morals. This mass of knowledge delivers evidence-based proof of a health
care provider's service results and success rates. Data-driven promoting methods incorporate
on the market evidence-based info relating to the supplier's services into the promoting
communication, consistent with the enterpriser business store website. Within the method,
customers will see however a selected provider's giving can profit him. An observational
promoting message additionally allows customers to match a selected provider's success and
conclusion charges with different competitor service suppliers. In effect, data-driven
promoting helps health care organizations interconnect helpful info to the patron among their
promoting communication.
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TECHNOLOGY-BASED PROMOTING
In accumulation to observational methods, technology-driven promoting includes the
message networks created doable concluded the net. Ancient promoting communications
connect service or product edges up front. Since the health care trade centres about
uncomfortable problems relating to illness and medical want, an on the spot communication
approach will have a harmful impact in terms of interesting new business, consistent with
enterpriser. Net promoting approaches change health care administrations and suppliers to
figure around tight promoting communications by creating themselves directly available to
the patron. Customers will build contact with a provider's promoting message through on-line
academic videos and position sites and have direct communications with suppliers through
blogs and electronic mail.
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WHAT IS PRICING.
Pricing is that the method whereby a business sets the value at that it'll sell its product and
services, and will be a part of the business's promoting set up.
According to Philip Kotler “price is that the quantity of cash charged for a product service.
“Broadly, value is that the total quantity that being exchange by the client to get an advantage
of the product or service owning.
TYPES OF PRICING
PREMIUM PRICING
It’s a kind of valuation that involves establishing a value above your competitors to realize a
premium positioning. You’ll be able to use this type of valuation once your merchandise or
service offerings some distinctive options or core benefits, or once the corporate incorporates
a distinctive inexpensive advantage equalled to its rivals.
PENETRATION PRICING
This kind of valuation is meant to apprehension market share by coming into the market with
a coffee worth as compared to the opposition. The penetration valuation strategy is employed
so as to draw in additional clients and to form the customer adjustment from current brands
prevailing within the market. The most target cluster is worth sensitive clients. Once a market
share is apprehended, the costs square measure magnified by the corporate. However, this can
be a searching strategy to use because the market may be speared by one more new entrant.
Or the margins square measure thus low that the corporate doesn't survive. And at last, this
strategy ne'er creates long run complete trustworthiness within the mind of shoppers. This
policy is employed chiefly to extend complete attentiveness and begin with a little market
portion.
ECONOMY PRICING
This kind of valuation takes a really low price method. Simply the blank lowest to stay costs
low and attract a particular section of the market that's extremely worth thoughtful.
26 | P a g e
SKIMMING PRICING
Skimming pricing is employed by firms that be necessary a big competitive benefit and
which may increase most revenue benefit before alternative opponents begin giving similar
product or alternates.
PSYCHOLOGICAL PRICING
May be there a form of valuation which may be converted into a little motivation which will
build a large impact mentally on consumers. Neutral strategy focuses on protection the costs
at an equivalent level for all four stages of the merchandise life rotation. However, with this
kind of strategy, there's no chance to form higher profits and at an equivalent time it doesn’t
leave increasing the marketplace share. Also, once the merchandise declines in incomings,
keeping an equivalent worth affects the margins there by inflicting an early dying. This
valuation is employed terribly seldom.
CAPTIVE PRODUCT PRICING
May be a form of valuation that focuses on captive product related the core product.
BUNDLING PRICING
Once 2 completely different product square measure combined along, and that they square
measure offered as a deal, then we have a tendency to get to expertise the bundling form of
valuation 1st hand.
PROMOTIONAL PRICING
Strategy is simply like Bundling worth. But here, the product square measures bundled thus
on build the client use the bundled product for the primary time. This kind of valuation
focuses on shopping for one, and obtaining a replacement form of product at no cost.
Promotional valuation can even function the simplest way to manoeuvre recent stock in
addition on increase complete awareness.
27 | P a g e
GEOGRAPHICAL PRICING
Involves differences of costs reckoning happening the situation wherever the merchandise &
repair is being sold-out and is usually subjective by the changes within the exchanges in
addition as increase.
ADVANTAGES AND DISADVANTAGES
ADVANTAGES
The market offers creators Associate in nursing motivation to provide product that
customers need.
The market provides a motivation to amass helpful abilities.
The worth system inspires creators and customers to preserve scarce resources.
Opposition pushes businesses to be effective: keeping prices down and creation high.
The market system includes a high degree of financial freedom.
DISADVANTAGES
A personal free enterprise is also quite unbalanced (unemployment, inflation, growth)
Business could merely satisfy the requirements they need created through promotion.
Costs could provide false or insufficient signals to creators and customers
Markets simply don't add some zones (public product, such as nationwide defines).
Non-competitive businesses could prohibit production and go up costs.
Market economies tend to provide a skew supply of financial gain (large gap between
the wealthy &therefore the poor).
28 | P a g e
CHAPTER-4
ANALYSIS AND INTERPRETATION OF THE DATA
Table: 4.1(A): Table showing the age group of customer.
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
15 to 20yrs
8
6.67%
2)
21 to 30yrs
23
19.17%
3)
31 to 40yrs
46
38.33%
4)
41 and Above
43
35.83%
Total
120
100%
Source: Questionnaire
ANALYSIS:
The above table shows that 6.67% of customers are aged less than 15 to 20yrs, 19.17% under
21 to 30yrs, 38.33% under 31 to 40yrs and 35.83% are under 41 and above.
29 | P a g e
Chart: 4.1(A): Chart showing the age group of customer.
Source: Table: 4.1(A)
INTERPRETATION:
The majority of the customer belongs to the age group of 31 to 41 year and above. The lesser
the age the possibility of falling sick is potentially less. As the person grows older there is
high possibility of falling sick or acquiring diseases. Hence a person with higher age prefers
to buy health check packages rather than younger person.
6.67%
19.17%
38.33%
35.83%
Age group of customer
1) 15 to 20yrs
2) 31 to 30yrs
3) 31 to 40yrs
4) 41 and Above
30 | P a g e
Table: 4.1(B): Table showing the gender of customers.
Source: Questionnaire
ANALYSIS:
The above table show that 65% of the customers are male and 35% of the customers are
female.
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
Male
78
65%
2)
Female
42
35%
Total
120
100%
31 | P a g e
Chart: 4.1(B): Chart Showing the gender of customers.
Source: Table: 4.1(B)
INTERPRETATION:
This indicates that there is greater awareness of health packages among Male. Hence this
requires creating more awareness among Female potential customer.
65%
35%
Gender
1) Male
2) Female
32 | P a g e
Table: 4.2: Table showing reason for choosing Columbia Asia hospital.
Source: Questionnaire
ANALYSIS:
The above table shows that 11.6% of the responses for choosing Columbia Asia is
infrastructure,22.5% for Proximity , 25.90% for Doctors and 40% for All the above.
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
Infrastructure
14
11.6%
2)
Proximity
27
22.5%
3)
Doctors
31
25.90%
4)
All The Above
48
40%
Total
120
100%
33 | P a g e
Chart: 4.2: Chart showing reason for choosing Columbia Asia hospital
Source: Table: 4.2
INTERPRETATION
Through this study we can interpret that 40% of the customer choose Columbia Asia hospital
for the infrastructure, proximity and doctor’s experience and expertise. Hence the
combination of these factors has lead as customer to choose Columbia Asia
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
1)Infrastructure
2) Proximity 3) Doctors 4) All TheAbove
11.60%
22.50% 25.90%
40%
Reason for choosing Columbia Asia
34 | P a g e
Table: 4.3: Table showing the frequency of visiting Columbia Asia
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
YES
72
60%
2)
NO
48
40%
Total
120
100%
Source: Questionnaire
ANALYSIS:
The Above table shows that 60% are visiting for the first time and 40% are the existing
customers.
35 | P a g e
Chart: 4.3: Chart showing the frequency of visiting Columbia Asia
Source: Table: 4.3
INTERPRETATION
The frequency of visiting Columbia Asia is just the above average .This shows the
organisation has to focus on retaining the existing customer than focusing on new customer.
60%
40%
Frequency of visiting columbia Asia
1)YES
2)NO
36 | P a g e
Table: 4.4: Table showing services availed in Columbia Asia.
Source: Questionnaire
ANALYSIS
The above table shows that 85% of the customers are taking services on health check and
15% of the customers are out patients. There are no inpatients.
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
Inpatients
0
0%
2)
Out patients
18
15%
3)
Health Check
102
85%
Total
120
100%
37 | P a g e
Chart: 4.4: Chart showing service availed in Columbia Asia.
Source: Table: 4.4
INTERPRETATION
From the above we can understand that the management has to provide the health check
packages among inpatients as well as outpatients because the percentage is 15 % when
compare to individual owned packages which is 85%
0%
15%
85%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
1) Inpatients 2) Out patients 3) Health Check
Service availed in Columbia Asia
Series1
38 | P a g e
Table: 4.5: Table showing the sources of information
Source: Questionnaire
ANALYSIS
The above table shows that 18.3% of the customers are aware about the hospital through
advertisement, 29.20% of the customer comes through company referral, and 33.30% through
friends and 19.20% of the customer comes through referrals of family physician.
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
Advertisement
22
18.3%
2)
Through Company
35
29.20%
3)
Through Friends
40
33.30%
4)
Through Family
Physician
23
19.20%
Total
120
100%
39 | P a g e
Chart: 4.5: Chart showing the sources of information
Source: Table: 4.5
INTERPRETATION
The percentage of outdoor advertisement is less when compared to in house promotions
which is through company, friends, family physician which represents 81.7%, whereas
advertising is just 18%
18.30%
29.20%
33.30%
19.20%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
1)Advertisement
2) ThroughCompany
3) ThroughFriends
4) ThroughFamily Physician
Sources of information
40 | P a g e
Table: 4.6: Table showing whether the health check packages are value for money
Source: Questionnaire
ANALYSIS
The above table shows that 67.5% of customer’s responses are positive that the health
check packages are value for money, but 32.5% of them responded as No
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
YES
81
67.5%
2)
NO
39
32.5%
Total
120
100%
41 | P a g e
Chart: 4.6: Chart showing whether the health check packages are value for money
Source: Table: 4.6
INTERPRETATION
From the above table we can understand that 67.50% feel satisfied for the money paid,
whereas 33% feel there should be more features to be added for the health check packages to
create more value for money
67.50%
32.50%
Value for money
1) YES
2) NO
42 | P a g e
Table: 4.7: Table showing whether the health check packages are clearly described by
the health check executive
Source: Questionnaire
ANALYSIS
The above table shows that 70% of the customers are happy that the health check coordinator
are explaining the components of the health check ,but 30% of the customers say that there is
no proper explanation
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
YES
84
70%
2) NO
36
30%
Total
120
100%
43 | P a g e
Chart: 4.7: Chart showing whether the health check packages are clearly described by
the health check executive
Source: Table: 4.7
INTERPRETATION
From the above graph we can interpret that 70% of the customer feels that the health check
executive clearly describes the components of the health check. Whereas it requires
management to focus on the rest 30% to train and educate more on components on health
check packages so they can perform their job better and satisfy the customers
70%
30%
Clearly described by the health check executive
1) YES
2) NO
44 | P a g e
Table: 4.8: Table showing spontaneity of responses by the service provider.
SL.NO
OPINION
RESPONDENT
PERCENTAGE
1)
Very Good
28
23.3%
2)
Good
42
35%
3)
Average
44
36.7%
4)
Poor
6
5%
Total
120
100%
Source: Questionnaire
ANALYSIS
The above table shows that 23.33% of the customers feel very good about the spontaneity of
responses by the service provider, 35% of customers say its good, and 36.7% says it’s on
average basis and 5% customers are not satisfied and it needs to be improved.
45 | P a g e
Chart: 4.8: Chart showing spontaneity of responses by the service provider.
Source: Table: 4.8
INTERPRETATION
From the above analysis we can interpret that majority of respondents are accepting that the
spontaneity of responses by the service provider is average and it needs to be improved to
reach to the level of being excellent.
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
1) Very Good 2) Good 3) Average 4) Poor
23.30%
35% 36.70%
5%
Spontaneity of responses by the service provider
46 | P a g e
Table: 4.9: Table showing how frequently the health check is done.
SL.NO
OPINION
RESPONDENT
PERCENTAGE
1)
6 months
33
27.5%
2)
Yearly Once
87
72.5%
Total
120
100%
Source: Questionnaire
ANALYSIS
The above table shows that 27.5% of the customers opt for 6 months and 72.5% of the
responses are given that they will opt once in a year.
47 | P a g e
Chart: 4.9: Chart showing how frequently the health check is done.
Source: Table: 4.9
INTERPRETATION
From the above graph we can interpret that majority of the customers frequently get their
health check once in a year. Hence the management requires introducing more packages on a
short term basis like 3 months, 6months, and 9 months and above
27.50%
72.50%
How frequently the health check is done.
1) 6 months
2) Yearly Once
48 | P a g e
Table: 4.10: Table showing whether the hospital meets customer expectations.
Source: Questionnaire
ANALYSIS
The above table shows that 56.7% of the responses are yes and 43.3% of the responses are
No.
SL.NO
OPINION
RESPONDENT
PERCENTAGE
1)
Yes
68
56.7%
2)
No
52
43.3%
Total
120
100%
49 | P a g e
Chart: 4.10: Chart Showing whether the hospital meets customer expectations.
Source: Table: 4.10
INTERPRETATION
From the above graph we can interpret that the majority of the customers feel that the hospital
meet their expectations whereas 43.30% of the customers are not satisfied. Hence the
organisation has to meet customer expectation on various aspects such as infrastructure,
service, price etc.
56.70%
43.30%
Hospital meets customer exceptation
1) Yes
2) No
50 | P a g e
Table: 4.11: Table showing the bases, the hospital helped the customer in selecting the
health check packages
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
Age
26 21.66%
2)
Gender
17 14.16%
3)
Past diseases
Symptoms
39 32.55%
4)
General
38 31.66%
Total
120 100%
Source: Questionnaire
ANALYSIS
The above table shows that 21.66% are selected through age, 14.16% of them through
gender, 32.55% of them through past diseases symptoms and 31.66% through general
aspects.
51 | P a g e
Chart: 4.11: Chart showing the bases, the hospital helped the customer in selecting the
health check packages
Source: Table: 4.11
INTERPRETATION
The above graph interprets that majority of the customer feel that the hospital helped them in
selecting the health check packages on their past diseases symptoms. Hence it should also
focus on other general aspects.
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
1) Age 2) Gender 3) Pastdiseases
Symptoms
4) General
21.66%
14.16%
32.55% 31.66%
on what bases the health check packages were selected
Series1
52 | P a g e
Table: 4.12: Table showing that whether the hospital is enquiring about past health
status
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
Yes
64
53.3%
2)
No
56
46.7%
Total
120
100%
Source: Questionnaire
ANALYSIS
The above table shows that 53.3% were enquired about past health status. The rest were not.
53 | P a g e
Chart: 4.12: Chart showing that whether the hospital is enquiring about past health
status
Source: Table: 4.12
INTERPRETATION
From the above graph we can interpret that majority of respondents enquired about past
health status. Whereas 46.70% customer past health data was not enquired by the
organisation which reveals that the health packages provided may not be appropriate for
customer segments.
53.30%
46.70%
Enquired about past health status
1) Yes
2) No
54 | P a g e
Table: 4.13: Table showing the pricing of Columbia Asia with Competitors.
Source: Questionnaire
ANALYSIS
The above table shows that 26.6% of the respondents says that services more expensive than
the others , 35.90% of the responses revels that it is little expensive than the others , 25% of
the respondents says that the prices are same as others and 12.5% of the responses revels that
it little cheaper than the others.
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
A lot expensive than the
others
32
26.6%
2)
A little expenses than
the others
43
35.90%
3)
Same as Others
30
25%
4)
A little cheaper than the
others
15
12.5%
5)
A lot cheaper than the
others
0
0%
Total
120
100%
55 | P a g e
Chart: 4.13: Chart Showing the pricing of Columbia Asia with Competitors.
Source: Table: 4.13
INTERPRETATION
From the above graph we can interpret that majority of the customers feel that the prices of
Columbia Asia is little bit expensive than their competitors. Hence the company should focus
on cost management and provide service which is feasible for all the level of people in the
society
26.60%
35.90%
25%
12.50%
0% 0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
1) A lotexpensive than the
others
2) A littleexpenses than the
others
3) Same asOthers
4) A littlecheaper than the
others
5) A lot cheaperthan the others
Pricing of Columbia Asia with Competitors.
56 | P a g e
Table: 4.14: Table showing satisfaction level of service provided by Columbia Asia
SL.NO
OPINION
RESPONDENTS
PERCENTAGE
1)
Highly Satisfied
35
29.16%
2)
Satisfied
54
45%
3)
Neutral
28
23.33%
4)
Dissatisfied
03
2.5%
5)
Highly Dissatisfied
00
0%
Total
120
100%
Source: Questionnaire
ANALYSIS
The above table shows that 29.16 of respondents are highly satisfied with the services, 45%
of customers are satisfied, 23.33% are neutral, and 2.5% are dissatisfied.
57 | P a g e
Chart: 4.14: Chart showing satisfaction level of service provided by Columbia Asia
Source: Table: 4.14
INTERPRETATION
From the above graph we can interpret that majority of the customers feel that the service
provided by the Columbia Asia is good but not up to their expectations .From this we can
understand that there is scope for improvement in the service provided to customer, which in
turn will improve the customer satisfaction and Organization can excel in this sector.
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
45.00%
1) HighlySatisfied
2)Satisfied 3)Neutral 4)DisSatisfied
5)Highlydis Satisfied
29.16%
45%
23.33%
2.50% 0%
satisfaction level of service provided
Series1
58 | P a g e
Open Ended Questions
1) Where did you get your previous health check done and what is the difference
compared with Columbia Asia
LIST OF HOSPITALS
Manipal
Sakra
Narayana Hrudayalaya
Yashomati
Jeevika
NH Health Care
RXDX
Clumax
Cloud nine
Fortis
Medi hope
Venus Hospital
Differences of services compared to Columbia Asia’s competitors
Location: - Compare to the other hospital Columbia Asia is located at the heart of the
city (Whitefield, Bangalore), which is convenient to the I.T Corridor sector.
Cost/Price: - Since the service provided and equipment’s used are to the part of world
class technologies hence the pricing is comparatively high.
Infrastructure: Columbia Asia as high end services which includes ICU, NICU and
Radiology with wonderful ambience and highly ventilated with centralized A/C.
Service: - Doctors employed at Columbia Asia are excelled in their own field and
highly recognized for their service other employees of the organization are also well
qualified and trained. Hence it is better service provider compare to others.
59 | P a g e
2) What is the scope for improvement with respect to the services of Columbia Asia
hospital?
Management requires to provide training to the employees on aspects like co-
ordination, addressing the customer queries and time management.
They should introduce more health check packages with respect to current trend.
Advertisements should be improved
They should improve loyalty programs to the customer.
They should improve camps in residents and corporates.
They should give more importance to health awareness campaigns to the customers
They should provide BLS (Basic life support) training to the customers.
Create attractive packages such as discount, offers and complementary packages.
i.e. (six months + one month Complementary)
(Twelvemonths + two months Complementary)
60 | P a g e
Table: 4.15
TESTING OF HYPOTHESIS:
In general, Overall satisfaction is based on various factors. In hospital kind of industry,
service quality is mainly ascertained by the pricing tagged with the services. Observed values
of the respondents on the questions of opinion and the response on satisfaction have been
displayed under the table 4.15.
It is clear that, respondents feel that the pricing is more than that of the other hospitals. In
spite of high pricing, respondents had responded to highly satisfaction level.
To verify the observation, the assumption “Overall satisfaction is not based on pricing” has
been taken and checked with the help of Chi-Square test.
The result of Chi-square test is given under table 4.16
Table 4.15: Opinion about Pricing * Overall satisfaction Cross tabulation
Overall satisfaction Total
Highly
satisfied
Satisfied Neutral Dissatisfied
Opinion about
Pricing
A lot expensive than
the others 11 15 5 1 32
A little expenses
than the others 14 19 9 1 43
Same as others 6 14 9 1 30
A little cheaper than
the others 4 6 5 0 15
Total 35 54 28 3 120
Null Hypothesis: Response of Satisfaction is independent of pricing opinion.
61 | P a g e
Table:4.16
Table 4.16 : Chi-Square Tests
Value df Asymp. Sig. (2-
sided)
Pearson Chi-Square 4.146a 9 .902
Likelihood Ratio 4.587 9 .869
Linear-by-Linear
Association 1.734 1 .188
N of Valid Cases 120
a. 6 cells (37.5%) have expected count less than 5. The
minimum expected count is .38.
INTERPRETATION
Result of Chi-square test has revealed that, the significance value of the test (0.902) is more
than the threshold significance value (0.05). Hence the underlined hypothesis is accepted.
This leads to conclude Overall satisfaction is not based on the pricing level of service. That
is, irrespective of pricing – High, Low or medium/average; the satisfaction level is consistent
over all the categories.
62 | P a g e
Chapter -5
Summary of finding, Conclusion and Suggestions
Findings
Study says that 40% of the customers choose Columbia Asia hospital for infrastructure,
Proximity and doctors.
By the study it is found that 60% of customers are coming for the first time.
Through the study it is observed that 85% of the customer are availing the health check
packages.
By the study it observed that 33.30% of the customers get information through friends
and 29.20% from the company.
Study says that the customer feel that the service provided is slow.
Study identifies that 67.5% customer feels that the health check packages are value for
money.
70% of the customers feel their health check packages are clearly described by the health
check executive.
By the study it is observed that 36.70% of customers feel that the spontaneity of
responses by the service provider is just above average.
In the study 72.5% of the customer will opt for health check packages yearly once.
56.7% of the customers feel that the expectation are been met by the hospital.
32.55% of the customers feel that hospital helped them in selecting the health check
packages and 31.66% on the general basis.
53.3% of the customer told that they were enquired about their past health status by the
doctor.
Regarding the pricing of Columbia Asia when compared with others hospital 35.90% of
the customers feel that it is little bit expensive than the others.
By the study we can observe that overall satisfaction of service provided by Columbia
Asia is 45%
63 | P a g e
Suggestions
Columbia Asia should introduce better loyalty program to retain the customer. Because it
helps in building customer relationship which leads to long term retain ship of customer
with organisation.
The area of advertisement should be improved using various media. Which helps in
creating awareness in the minds of prospective customer and also it is source to tap
unreached market
In-house advertisement should be improved. In order to increase the frequency of the
customer visiting the hospital and also build positive image in the minds of people and
adds value for the organisation
Management requires to train their employee on aspects like co-ordination, addressing the
customers queries and time management. Which will help in creating satisfied customer
relationship
There should be diversified health check packages .Because there is diversified
requirement from various individual of different segment of the society
The price should be kept in mind with the competitors pricing. As there is cut through
competition in market were the hunting for the prospective customer is very common and
customers get attracted to competitors firm if their prices are attractive to them.
They should introduce more health check packages with respect to current trends.
64 | P a g e
Conclusion
The service industry especially hospital industry in India is booming today, owing to our
economy’s wellbeing and rapid development across all service sectors. The potentials are
immense for the industry and customers (respondents) just like in the existing scenario.
During the study a few issues/problems of the respondents with respective Columbia Asia
hospital were identified for which suitable suggestions have been made in the study.
On the whole we can conclude that this study has tried to meet the objectives up to large
extent & it is sincerely hoped that this research study may come of any use to the hospital or
any others and might be for future research scholars and students.
65 | P a g e
Bibliography
Books
Health care marketing plans, from strategy to action, second edition By Steven G.Hillestad,
Eric N Berkowitz, an Aspen Publication
Health Care Marketing, G. Krishna Mohan, C N Krishna Naik, Discovery Publishing House
Marketing management, 14Edition .by Kotler, Philip and Keller, Kevin Lane; published by
Pearson Education.
Journals and articles
Ambuj Bhardwaj, DK.Sharma, RK. Sharma and PC Chaubey, ”Expectations of people from
Quality Health service in Metropolitan City of Delhi and to propose sound Health marketing
Strategy for private/corporate Hospital in Delhi”, Journal of academy of
hospitalAdministartion,Vol.13(2),2001,Page .59-64.
Rajiv Kumar Jain, “Strategic service vision for corporate Hospitals in a Competitive
Environment”, Journal of academy of hospital Administration, Vol.12, No.1, Jan 2000, Page
15-18
Kotler Philip and Levy S,”Broadening the concept of marketing”, Journal of marketing 35,
1971, Pg.10-15.
Richard K Thomas and Louis G.Dol,”Health Demography Comes of Age”, Health Marketing
Quarterly, The Howarth Press, Vol.10 (3/4), 1993
African Journal of Business Management (T. Srinivas, B. Srinivas Rao and U.Srinivasa Rao)
Published: 21 November 2013
http://www.academicjournals.org/journal/AJBM/article-abstract/6C28DF742477
66 | P a g e
Websites:
www.google.com
www.columbiaasiaindia.com
www.wikipedia.com
www.southsidemarketing.com
67 | P a g e
Annexure
Questionnaire on marketing of the health Check Packages and their Pricing
I Madhu kishore.N (4Th
Semester MBA student of VTU) am conducting a research project
on “Marketing of the health check packages and their pricing at Columbia Asia Hospital
Whitefield” as a part of my academic requirement. I kindly request you to give your response
and suggestions
The Information provided by you will be kept confidential and will be used only for
academic purposes.
Name: __________________________
Age
A) 15 to 20Yrs
B) 21 to 30Yrs
C) 31 to 40Yrs
D) 41 and Above
Gender
A) Male
B) Female
1) What is the reason for choosing Columbia Asia Hospital?
A) infrastructure
B) Proximity
C) Doctors
D) All the above
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2) Are you visiting Columbia Asia hospital for the first time?
A) Yes
B) No
3) What services did you avail in Columbia Asia hospital
A) Inpatients
B) Out patients
C) Health check.
4) What is the Sources of Information about health check Packages in Columbia Asia
hospital
A) Advertisement
B) Through Company
C) Through Friends
D) Through Family physician
5) Where did you get your previous health check done and what is the difference compared
with Columbia Asia Hospitals?
A) Name of the hospital: ________________________
B) Difference: ________________________________
6) Is the health check packages value for money?
A) Yes
B) No
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7) Are the health check packages clearly described by the health check executive?
A) Yes
B) No
8) Regarding the spontaneity of responses by the service provider. How would you rate
them?
A) Very good
B) Good
C) Average
D) Poor
9) How frequently do you opt for health check Packages?
A) 6 months
B) Yearly Once
10) Did the hospital meet your expectation?
A) Yes
B) No
11) On what bases the hospital helped you in selecting the health check packages.
A) Age
B) Gender
C) Past diseases symptoms
D) General
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12) Were you enquired about the past health status?
A) Yes
B) NO
13) Can you tell me regarding the pricing of Columbia Asia Hospital With respect to the
pricing of other hospital?
A) A lot expensive than the others
B) A little expense than the others
C) Same as others
D) A little cheaper than the others
E) A lot cheaper than the others
14) What is overall satisfaction level of the service provided by the Columbia Asia hospital?
A) Very Good
B) Good
C) Average
D) Poor
15. What is the scope for improvement with respect to the services of Columbia Asia
hospital?
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