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A REPORT

ON
OVERVIEW OF RETAIL OPERATIONS WITH SPECIAL
EMPHASIS ON STORE PROMOTIONS &

VISUAL MERCHANDISING

BY

GIRIJESH TRIPATHI

CORPORATE GUIDE, FACULTY GUIDE,


Mr. Shreemurthy D M Dr. P. Ammani

BIG BAZAAR- Pantaloon Retail (India) Ltd.


A Future Group Venture

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A REPORT

ON

“OVERVIEW OF RETAIL OPERATIONS WITH SPECIAL

EMPHASIS ON STORE PROMOTIONS AND

VISUAL MERCHANDISING”

SUBMITTED BY

GIRIJESH TRIPATHI

ISMS-1001

A report submitted in Partial fulfillment of the


requirements of MBA (Marketing) Program of ISMS

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DECLARATION

I Girijesh Tripathi hereby declare that the dissertation entitled “OVERVIEW OF RETAIL
OPERATIONS WITH SPECIAL EMPHASIS ON STORE PROMOTIONS AND VISUAL
MERCHANDISING” is a result of original research work done by me in the MBA (Marketing)
program of ISMS, Hyderabad. I further declare that the dissertation or any part thereof has not been
submitted anywhere for any degree or diploma.

All care has been taken to keep this report error free and I sincerely regret for any unintended
discrepancies that might have crept into this report.

Place: Bangalore -Girijesh Tripathi


Date: 20/06/2009

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TABLE OF CONTENTS
PAGE NO.

Acknowledgements 5
Abstract 6
1. INTRODUCTION
1(a) Need of the study 8
1(b) Scope of the study 9
1(c) Limitation of the study 11
1(d) Objective 19

2. COMPANY PROFILE 20
3. RESEARCH METHODOLOGY 34
4. DATA ANALYSIS 45
4(a) Data Interpretation
4(b) Graphs 55-60
5. CONCLUSION 61
5(a) Recommendation 64

REFERENCES 68
QUESTIONNAIRE 67

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ACKNOWLEDGEMENTS

A project consists of inputs and suggestions from various people directly or indirectly related to the
writer of the project, which cannot be ignored. Thus, I’m thankful to FUTURE GROUP (BIG
BAZAAR) for allowing me to be a part of them.

I would like to thank Mr. Shree Murthy (Store Manager, Big Bazaar, Koramangala, Bengaluru)
who has been provided guidance, perspective and stimulating discussion, throughout the completion
of this project.

I take this opportunity to thank Mr. T.R.K. Rao (Director, ISMS) & Mr. K.Rajnath (Dean,ISMS)
for giving us this opportunity to gain practical experience of corporate working and also for inspiring
us to give our best to it. Dr. P. Ammani (Professor, Icfai School of Marketing Studies) my Faculty
Guide who has helped me to carve this project in a better way and also the entire faculty of ISMS for
the help whenever I needed it.

Furthermore, I’ll express my gratitude to Mr. Manu Joseph (DM, Big Bazaar, Koramangala),
Mr.Raghuram (DM, Big Bazaar, Koramangala) for their constant support and also all my colleagues
and seniors who helped me with their inputs during my project period.

Last but not the least I’ll mention my family and friends who have always been a source of
motivation and support for me.

Girijesh Tripathi

ISMS

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ABSTRACT

The project describes the factors which affects the buying behavior of customers and also assess the
effectiveness of promotions. This promotion includes both in-store and outdoor promotions.

Some of the important factors are-

Influence of discounts

Influence of family & friends

Income of the individual

Special occasions etc.

The importance of promotions is to increase the sales. This requires framing of strategies and
planning by the management.

There are many offers and promoting means to enhance the sales. Such promoting means are free
gifts; discounts etc. and media used for creating awareness about these offers are newspapers,
television, pamphlets for outdoor promotions and Visual Merchandising for in-store promotion.

This project checks the effectiveness of these offers and recommends some changes in it. It also
finds the customer point of view for the best media for promotion and studies the customer’s profile
visiting the store like Big Bazaar.

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CHAPTER-1

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INTRODUCTION

NEED OF THE STUDY

A Retail store runs on the basis of its customer base more number of regular customers helps it to
reduce its cost. To maintain this and to regularly attract and remind the customer about the offers in
the store “promotion” is very important. At the same time understanding the requirements and psyche
of the customers is also a key factor.

Therefore, understanding the importance of the above mentioned points, it is important to study and
find out that what the factors which influence customer buying behavior are and how effective is the
store promotion of Big Bazaar.

This will help to frame new promotion strategies if the existing are not effective as well as it will
help in designing the strategies according to requirements of the customers. This strategy also
includes the visual merchandising of the store.

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SCOPE OF THE STUDY

The scope of this study is to know the factors affecting the buying behavior of the customers and the
effectiveness of promotional offers and visual merchandising of the store. This study will help in
finding the effect of store promotions on the buying behavior of the customers which will help in
selecting the best way to promote the store offers, selecting the best media to promote the offers.
Further, understanding the buying behavior of the customers helps in improvement of the shopping
experience at the store, as it affects the revenue of the store in the long run.

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LIMITATIONS OF THE STUDY

• This research is done only in Bangalore, thus it decreases the wide application of this research
report which could result in deviations while application. Thus, it narrows down the total
scope of the study.

• The limit of accessibility to the confidential documents, which could not be compiled or
mentioned in the project report acts as a limitation to the result of the study.

COMPREHENSIVE TEXT-
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In a retail chain like Big Bazaar which has his main customer group of Indian middle class families
(including the upper middle class). Big Bazaar provides its customer group with various offers which
includes free gifts, discounts on MRP etc. This attracts the customers to visit again and again to the
store. As well as it also impels the customers to buy extra i.e. impulse buying. Thus, store promotions
acts as drivers for buying extra value from the store.

· Price and discount


· Advertising and sales promotion
· Visual merchandising
· Emotional attachment
· Company
· Income
· Festival season

The following factors have to be kept in mind while choosing strategies for store promotion.
Generally all the offers which are given in a store are given from the H.O. level only and the store has
to implement the offer as per the guidelines given to them.

Price and discount- Customers are attracted towards a store like Big Bazaar due to the discounts
given on the products. As small retail outlets do not have such lucrative offers. So the customers
prefer and are attracted towards purchasing at Big Bazaar.

Advertising and sales promotion- Advertising is an essential component of brand building. The
advertisement and brand building is done through various ways, the techniques used are: -

 Tag-line- Big Bazaar tag-lines are the key components of advertising. These tag-lines are
modified according to demographic profile of customers. These catch-phrases appeared on
hoardings and newspapers in every city where Big Bazaar was launched. Everybody
understood and connected easily with these simple one-liners. The catch-liners include
"Hindi - Chane ke bhaw kaaju", "Bengali - Rui er dame illish", "Hindi - Stall ke bhaw
balcony", etc.

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 Print Ads- Big Bazaar newspaper advertisements are present just before launch of any new
scheme. This creates aura about the Big Bazaar brand in the minds of customers.

 TV Ads- Big Bazaar spends a lot of money in brand building exercise. Big Bazaar
commercials are shown on various channels in India and at the same time a major amount of
promotion is spent on newspaper ads. Presently, Fashion@Big Bazaar commercial is aired
on televisions.

 Road-side Advertisements- Big Bazaar bill-boards are displayed on prime locations in


various cities as a brand building exercise. They display the catch-phrases now-a-days.

 Radio Ads- This technique is used in small towns. Now-a-days, it is replaced by


advertisements on FM channels. This informs customers about all new happenings at Big
Bazaar.

 Fashion Shows- "FASHION @ BIG BAZAAR - Desh Badla, Bhesh Badlo" is the latest
invention of the Indian iconic brand. In an effort to take the Fashion to the masses, Big
Bazaar, the flagship hypermarket brand of retail chain of Future Group, organized a three-
day Fashion Show on the streets of Bandra, Mumbai.

 Brand Endorsement by Celebrity-Big Bazaar is always associated with celebrities for


advertising and marketing of its brand name. The current campaign is starred by Brand
Ambassador and Indian Cricket ODI Captain Mahendra Singh Dhoni and Film Actress Asin.

Sales promotion techniques used are through various offers given on products. This could be
through
1 on 1 free

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Off on MRP
Gifts
Freebies
Big Bazaar ties up with various brands for such offers recently they have done such activities with
association with giants like Vodafone, Reliance, VLCC etc.
Thus, there is a symbiotic association which leads to gain of both the parties and Big Bazaar
charges for such activities done by the associated company, in this way monetary benefit is also
gained by the company.

Other than such offers the company is a regular in giving gifts to the customers on slab basis i.e.
providing the customer with certain gifts if his purchasing exceeds a particular amount.

Emotional Attachment- The customers get attached to that product with which they are satisfied
and therefore they become a regular customer, the same happens with a store if a customer is
satisfied with the service provided by a store they become a regular or loyal customers as they are
emotionally attached to the store.

A store always wants to retain their loyal customers as they not only bring business for the store but
also they reduce the cost of promotion. As such customers don’t need special reason to visit or
they don’t required to be attracted through various modes to the store.

Company- Here company refers to the person with whom the customers come to the store for
shopping. It is important for a company to know to which intensity it affects the buying behavior
of the customer.

Income- It is generally observed that the main customer group which forms the target customer
group of Big Bazaar is the middle class families. They are attracted for their purchases at Big
Bazaar due to its cheap prices which help them in maintaining their budgets.

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So the target customer group is very important criterion to be kept in mind. This is the group which
has to be attracted. All the promotions should stress on the target customer group.

Festival- In India, there are many religions therefore the number of festivals are more than any
country. The customers are willing to spend money during festive season. Thus, stores keep track
of these festivals to cash it. But it is necessary for stores to know the requirement of the customers.

VISUAL MERCHANDISING-

Visual merchandising, until recently called simply merchandising, is “the activity of promoting the
sale of goods, especially by their presentation in retail outlets.” This includes combining product,

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environment, and space into a stimulating and engaging display to encourage the sale of a product or
service. It has become an important element in retailing that is a team effort involving senior
management, architects, merchandising managers, buyers, the visual merchandising director,
designers, and staff. Visual merchandising starts with the store building itself. The management
decides on the store design to reflect the products the store is going to sell and how to create a warm,
friendly, and approachable atmosphere for its potential customers.

Many elements can be used by visual merchandisers in creating displays, including color, lighting,
space, product information, sensory inputs such as smell, touch, and sound as well as technologies
such as digital displays and interactive installations.

Visual merchandising is not a science; there are no absolute rules. It is more like an art in the sense
that there are implicit rules but that these also exist to be broken for striking effects. The main
principle of visual merchandising is that it is intended to increase sales, which is not the case with a
"real" art.

Visual merchandising is one of the final stages in trying to set out a store in a way that customers will
find attractive and appealing and it should follow and reflect the principles that underpin the store’s
image. Visual merchandising is the way one displays 'goods for sale' in the most attractive manner
with the end purpose of making a sale. "If it does not sell, it is not visual merchandising."

Especially in today’s challenging economy, people may avoid designers/ visual merchandisers
because they fear unmanageable costs. But in reality, visual merchandisers can help economies by
avoiding costly mistakes. With guidance of a professional, retailer can eliminate errors, saving time
and money. It is important to understand that the visual merchandiser is there, not to impose ideas,
but to help clients articulate their own personal style.

Visual merchandising is the art of implementing effective design ideas to increase store traffic and
sales volume. VM is an art and science of displaying merchandise to enable maximum sale. VM is a
tool to achieve sales and targets, a tool to enhance merchandise on the floor, and a mechanism to
communicate to a customer and influence his decision to buy.

VM uses season based displays to introduce new arrivals to customers, and thus increase
conversions through a planned and systematic approach by displaying stocks available.

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Recently visual merchandising has gained in importance as a quick and cost effective way to revamp
retail stores.

A close sister to visual merchandising is "retail experience". "Customer experience" looks at the same
issues around product presentation but from the customer perspective, rather than the retailer
perspective. In optimal retail environments such as the Apple Retail Stores, the visual merchandising,
customer experience, and store design are all in synch creating amazing environments and
unbelievable sales.

PURPOSE-

Retail professionals display to make the shopping experience more comfortable, convenient and
customer friendly by:

Make it easier for the shopper to locate the desired category and merchandise.

Make it easier for the shopper to self-select.

Making it possible for the shopper to co-ordinate & accessorize.

Provide information on sizes, colors & prices.

Inform about the latest fashion trends by highlighting them at strategic locations.

Merchandise presentation refers to most basic ways of presenting merchandise in an orderly,


understandable, ’easy to shop’ and ‘find the product’ format.

VISUAL MERCHANDISING HELPS TO -

Educate the customers about the product/service in an effective and creative way.

Establish a creative medium to present merchandise in 3D environment, thereby enabling long lasting
impact and recall value.

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Set the company apart in an exclusive position.

Establishing linkage between fashions, product design and marketing by keeping the product in prime
focus.

Combine the creative, technical and operational aspects of a product and the business.

Draw the attention of the customer to enable him to take purchase decision within shortest possible
time, and thus augmenting the selling process.

WINDOW DISPLAYS-

A window display is also a "visiting card" for the store. Windows are the most important factor
within the store/shop front as they can communicate style, content, and price point. They can be
seductive and exciting, based on emotional stimulus, or price-based (when they clearly emphasize
value for money with easy and obvious ticketing). For the retailer, the window is among the most
controllable elements in relation to image and to what is happening inside the store, and there are
number of decisions to be made about a how these effects are achieved.

The best store windows can generate great excitement and talking point for an entire city. They
contribute to the environment by entertaining pedestrians, while simultaneously communicating the
products and services on offer.

For a retailer willing to exploit the full potential that a window gives, the image-building process can
be exciting and have enormous potential. A fashion retailer, for instance, will often change a window
weekly to show the latest items on offer.

A glance into a shop's window by a passerby establishes the time of the year and, very likely, a
timely contemporary event. It might combine seasonal and festive points of the year such as Back-to-
school, Spring, Summer, Easter, Christmas, New Year approaching, Diwali, Valentine's Day,

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Mother's Day etc. At other times the propping may be based on color schemes, materials or cultural
themes - the possibilities for innovative ideas around such themes are endless.

SIGNIFICANCE OF THIS STUDY IN BIG BAZAAR

Selling and in management jargon ‘Marketing” is the key facet for a store to survive, the various
ingredients for fulfilling it are promotion and visual merchandising.

A customer’s mind is preoccupied with information which is collected by various sources; customer
uses this information to make decision regarding his purchases. Promotion of the store (Big Bazaar)
is done in order to make the customer know about the benefits of the store and also to occupy a
valued position in the mind of the customer, regular promotion acts as a recall and reminder for the
customer which results in learning. Visual Merchandising attracts the customer and persuades the
customer to make their purchase decision faster.

Therefore, regular up gradation of the above mentioned is necessary. In today’s scenario it is very
hard to know and change according to the needs of customer as customer’s expectation is very high in
terms of the service offered by the stores. The challenge for the stores is to keep pace with the
changing desire of the customers and to keep them satisfied, at the same time increase the revenue of
the store i.e. growth of sales is necessary to obtain.

Thus, if the following topics are considered for a survey as a topic for the project the result obtained
could be used by the store as well as the information gained while preparing the project would help in
understanding the basics of the store in a better way, because at last only customer satisfaction
matters for a store as it results in customer loyalty.

OBJECTIVE

Objective can be derived from the importance of the study as given above.

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The study will help to find out-

1) The major factors’ influencing a customer’s buying behavior.

2) Assess the effectiveness of the promotions and visual merchandising.

3) Seek the best media in terms of return of investment.

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CHAPTER-2

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COMPANY PROFILE-

Pantaloon Retail (India) Limited is India's leading retailer that operates multiple retail formats in both
the value and lifestyle segment. Pantaloon has ushered a retail revolution in India and its founder
Kishore Biyani is known as India's "King of Retail". Pantaloon's headquarter is in Mumbai.

Pantaloon's origin can be traced to 1987 when the company was incorporated as Manz Wear
Private Limited. The company launched Pantaloons trouser, India's first formal trouser brand. In
1992, Pantaloon launched its IPO. In 1994, The Pantaloon Shoppe - exclusive menswear store in
franchisee format was launched across the country. Pantaloon started distribution of branded
garments through multi-brand retail outlets across the nation. In 2001, Big Bazaar, India's first
hypermarket chain was launched. In 2002, Food Bazaar, the supermarket chain was launched. In
2006, Future Capital Holdings, the company's financial arm launched real estate funds, "Kshitij" and
"Horizon" and private equity fund "Indi vision". The company is also planning forays into insurance
and consumer credit.

Pantaloon Retail is the flagship company of Future Group. Pantaloon Retail (India) Limited is India’s
leading retailer. The company operates across multiple segments including –Food, Books & Music,
Fashion, Telecom & IT, Home & Electronics, General Merchandise, Leisure & Entertainment,
Wellness, Health & Beauty and E-tailing and that helps the company cater to every Indian customer.

Some of the leading formats include Pantaloons (department store), Central (seamless malls), Blue
Sky (fashion accessories) and Big Bazaar (hypermarket), Food Bazaar (supermarket), Fashion Station
(popular fashion), E-Zone (consumer electronics), Depot (books and music) and Shoe Factory
(footwear).

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Major Milestones

1987

Company incorporated as Manz Wear Private Limited. Launch of Pantaloons trouser, India’s first
formal trouser brand.

1991

Launch of BARE, the Indian jeans brand.

1992

Initial public offer (IPO) was made in the month of May.

1994

The Pantaloon Shoppe – an exclusive menswear store a franchisee format launched across the nation.
The company starts the distribution of branded garments through multi-brand retail outlets across the
nation.

1995

John Miller – Formal shirt brand launched.

1997

Company enters modern retail with the launch of the first 8000 square feet store, Pantaloons in
Kolkata.

2001

Three Big Bazaar stores launched within a span of 22 days in Kolkata, Bangalore and Hyderabad.

2002

Food Bazaar, the supermarket chain is launched.

2004

Central - India’s first seamless mall is launched in Bangalore.

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2005

Group moves beyond retail, acquires stakes in Galaxy Entertainment, Indus League Clothing and
Planet Retail.

Set up India’s first real estate investment fund Kshitij to build a chain of shopping malls.

2006

Future Capital Holdings, the company’s financial is formed to manage over $1.5 billion in real estate,
private equity and retail infrastructure funds. Plans forays into retailing of consumer finance products.

Home Town, a home building and improvement products retail chain is launched along with
consumer durables format, Ezone and furniture chain, Furniture Bazaar.

Future Group enters into joint venture agreements to launch insurance products with Italian insurance
major, Generali.

Form joint ventures with US office stationery retailer, Staples.

2007

Future Group crosses $1 billion turnover mark.

Specialized companies in retail media, logistics, IPR and brand development and retail-led
technology services become operational.

Pantaloon Retail wins the International Retailer of the Year at US-based National Retail Federation
convention in New York and Emerging Retailer of the Year award at the World Retail Congress held
in Barcelona.

Futurebazaar.com becomes India’s most popular shopping portal.

2008

Future Capital Holdings becomes the second group company to make a successful Initial Public
Offering in the Indian capital markets.

Big Bazaar crosses the 100-store mark, marking one of the fastest ever expansion of a hypermarket
format anywhere in the world.

Total operational retail space crosses 10 million square feet mark.

Future Group acquires rural retail chain, Aadhar present in 65 rural locations.

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Headquartered in Mumbai, the company operates more than 115 Big Bazaars and 45 Food Bazaars in
56 cities.

The Big Bazaar store is generally deals in following categories:

APPARELS:

Big bazaar has a wide range of ready-to-wear fashionable clothes and accessories. Big bazaar brings
forth a wide collection of stylish clothing to select from, be it Western wear, Indo-western or Ethnic
wear in both Formal and Casual categories. Big bazaar also offers matching accessories like belts,
ties, and handbags in a perfect size and fit.

What stands out at Big bazaar is the merchandise that has been designed and tailored keeping the
fashion sensibilities of Indian customer in mind. While the product mix changes, depending on the
needs and requirements of customers.

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In Big Bazaar, apparels consist of the following items

Men’s Apparel

Women’s Apparel

Women’s plus sizes

Infant wear

Home Decor

Furnishing & accessories

Home Linen

GENERAL MERCHANDISE:

Kitchen appliances

Other kitchenware

Toys & games

Luggage

FOOD BAZAAR:

Chef zone:

The product of this zone consists of various food items. It generally includes packaged ready to eat
products by companies which need a little cooking. For e.g. Honey, jam, sauces, ketchup, vinegar,
noodles & instant mixes.

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Hungry kya:

The products displayed in this zone are the ones which could be eaten without any cooking For e.g.
Soan papdi, namkeens, biscuits, cookies, wafers, instant drinks, break fast cereals, health drinks.

Baby care:

Every kind of products which are related to baby needs are displayed for sale in this section.

Chill station:

Beverages ranging from Cold drinks, soft drinks, dairy products, drink concentrates are available. As
the products are served chill therefore the name of this section is chill station the display of this
section is an open display so that the customers can examine and buy the products.

Farm fresh: Imported fruits, non seasonal fruits, seasonal fruits, exotic vegetables, leafy vegetables,
non leafy vegetables, root vegetables.

Head to toe: Tooth brush, tooth paste, tooth powder, soap, hand wash, Medicare products, talc,
deodorant, body lotion, face wash, sunscreens, skin cream, hair oil, conditioner, shampoo, hair
remover, face bleach, sanitary pad.

Sweet and far son: Shaving- blade, brush, cream, foam, battery cell.

Spic n span: Glass cleaner, toilet cleaner, floor cleaner, scrub pad, sponge wipe, room freshener,
tissue, shoe polish, brush, shiner, aluminum foil, scotch brite, gloves, rat killer, insect killer, mosquito
coils, mosquito refills, match box, pooja needs.

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ONE MOBILE:

This department deals with mobile phones of different brands such as Nokia, Sony Ericsson,
Motorola etc. and also mobile accessories.

STORE’S LAYOUT AND SHOPPING EXPERIENCE OF BIG BAZAAR:

In order to survive in the market the company should earn a considerable amount of profit. It is
needed to expand the business of the company. But making only profit should not be the main motto
of the company. The co. in order to increase its profits and sales should spend much time and money
in search of new customers. Just the skill of attracting the new customers is not enough. It should also
maintain good relationship with them and customers are more likely to enter those shops, where they
get a friendly environment and good quality of goods.

The two important tools used by retailers to attract and retain customer are visual merchandise and
effective store layout. This can have a better impact on the sale of the company.

The ‘atmospherics’ which includes the effective use of space, colour, pillars& floor
coverings, music, lighting etc. influence the consumer. Atmospherics are created by the combination
of all series and stimulates to produce the desired ambience and emotional response from the group of
target customers. So it is necessary on the part of the retailer to know the factors influencing and
pleasing the customers.

The key principles on which the modern stores designed are: attraction, productivity and
consistency.

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“Big Bazaar” the retail store is designed to attract as well as easy movement of customers. The entire
store is well planned and neatly arranged for the benefit of the customers and easy functioning.

The store at Koramangala is classified in to three levels for convenience of customers and employees.
They are:

Level I: On the ground floor.

Level II: On the first floor.

Level III: On the second floor.

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CORE VALUES OF BIG BAZAAR

 Indianess: confidence in ourselves

 Leadership: to be a leader, both in thought and business.

 Respect & Humility: to respect every individual and be humble in our conduct.

 Introspection: leading to purposeful thinking.

 Openness: to be open and receptive to new ideas, knowledge and information.

 Valuing and Nurturing Relationships: to build long term relationships.

 Simplicity & Positivity: Simplicity and positivity in our thought, business and action.

 Adaptability: to be flexible and adaptable, to meet challenges.

 Flow: to respect and understand the universal laws of nature.

These core values of Big Bazaar forms a basic code of conduct for the employees.

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ORGANIZATIONAL STRUCTURE-

According to Louis A, ‘Organization is the process of identifying and grouping the work to be
performed and dividing them among the individuals and creating authority and responsibility
relationships among them for the accomplishment of organizational objectives.

Organization is the process establishing relationships among the number of enterprise. The
relationships are created in terms of authority and responsibility. Each member in the organization is
assigned a specific responsibility or duty to perform and is granted the corresponding authority to
perform his duty.

An organization structure shows the authority and responsibility relationships between various
positions in the organization, by showing who reports to whom. It is a set of planned relationships
between groups of related functions and between physical factors and personnel required for the
achievement of organizational goals. The structure of an organization is generally shown as
organizational chart.

Big Bazaar has a structure of delegation of authority and responsibility on the basis of –

Segmentation of the market is done on the basis of territory i.e. East, West, North and South. The
zonal offices take care of the zones in other words the stores which come under them.

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ORGANIZATIONAL CHART

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Kishore Biyani is the Managing Director of Pantaloon Retail (India) Limited and the Group Chief
Executive Officer of Future Group.

Mr. Gopikishan Biyani, Wholetime Director

Gopikishan Biyani, is a commerce graduate and has more than twenty years of experience in the
textile business.

Mr. Rakesh Biyani, Wholetime Director

Rakesh Biyani, is a commerce graduate and has been actively involved in category management;
retail stores operations, IT and exports. He has been instrumental in the implementation of the various
new retail formats.

Mr. Vijay Kumar Chopra, Independent Director

V.K.Chopra is a fellow member of The Institute of Chartered Accountants of India (ICAI) by


profession and is a Certified Associate of Indian Institute of Bankers (CAIIB). His banking career
spans over 31 years.

Mr. Shailesh Haribhakti, Independent Director

Shri Shailesh Haribhakti, is a Chartered Accountant, Cost Accountant, and a Certified Internal
Auditor. He is on the Board of Company since June 1, 1999.

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Mr. S Doreswamy, Independent Director

S. Doreswamy, is a former Chairman and Managing Director of Central Bank of India and serves on
the board of DSP Merrill Lynch Trustee Co and Ceat Limited among others.

Dr. D O Koshy, Independent Director

D. O. Koshy, holds a doctorate from IIT, Delhi. He has over 24 years of rich experience in the textiles
and garment industry and was instrumental in the setting up of NIFT centres in Delhi, Chennai and
Bangalore. He is a renowned consultant specializing in international marketing and apparel retail
management.

Ms. Bala Deshpande, Independent Director

Bala Deshpande, is Independent Director, Pantaloon Retail (India) Ltd.

Mr. Anil Harish, Independent Director

Anil Harish, is the partner of DM Harish & Co. Associates & Solicitors and an LLM from University
of Miami.

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CHAPTER – 3

RESEARCH METHODOLOGY

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‘Research’ means a scientific and systematic search for pertinent information on a specific topic.
Research comprises defining and redefining problems, formulating hypothesis or suggested solutions;
‘Methodology’ is defined as “the study of methods by which we gain knowledge, it deals with
cognitive processes imposed on research by the problems arising from the nature of its subject
matter”.

TYPE OF RESEARCH

Descriptive type of research has been used in this study; it involves surveys and fact
findings enquire of different kinds the major purpose of descriptive research is the description of the
state of affairs, as it exists at present. The main characteristics of this method are that the researcher
has no control over the variable; he can only report what has happened or what is happening. The
methods of research utilized in descriptive research are survey method.

Observation method is used for making a comparison between the sales revenue of the store on
offer days and non-offer days in order to analyze the effect of offers on the sales of the store.

RESEARCH INSTRUMENT

The research instrument used in this study is “structured questionnaire”. Structured questionnaire
are those questionnaire in which there are predetermined question relating to the aspect, for which the
researcher collects data. The questions are presented with exactly the same wording and in the same
order to all the respondents.

QUESTIONNAIRE DESIGN

35
The structured questionnaire for consumer was framed with the following types of questions
open ended, multiple choice, likert scale.

The open ended question is only one in which the customer writes his name.

The multiple choice questions have 4 to 5 choices given to the customers from which the
customers have to make a choice. The choices are carefully framed according to the mindset of the
customers studied during the period of the study.

Likert scale’s questions contain strongly agree, agree, disagree and strongly disagree, from
which the customer has to choose the one which is more appropriate according to the respondent.

DATA COLLECTION

The data collection for this study consisted of both-

Primary and

Secondary data

Primary data

The primary data are those that are collected through questionnaire and direct personal interview. The
questionnaire was framed in such a manner to obtain correct information, graded suitably for the
study. All the questionnaires were collected through personal contact from the respondents at Big
Bazaar.

Secondary data

36
Secondary data has been collected through oral communication with the people in the
organization and through personal experience while working, the data is collected and compiled
during the course of project. It includes the sales record of the organization which is used for the
observation made on the sales of the organization during offers running at the store.

SAMPLING PROCEDURE

Convenience sampling has been used in this study. Convenience sampling is used for
selection of homogeneous sample for the study. It refers to selecting a sample of study objects on
convenience. It is a non-probability sampling. Thus, research study may include study objects, which
are conveniently located. Research findings based on convenient sampling however, cannot be
generalized.

SAMPLE SIZE

The sample size for this project was 102. The sample was the people visiting the store for their
purchases and most of them were the regular customer group. The sample size is selected according
to the number of factors selected. The sample size should be 5 times the values of the factors selected.

COMPOSITION OF THE SAMPLE –

The sample consists of the customers visiting Big Bazaar regularly. The customer group consists of
housewives, young adults etc.

37
BACKGROUND INFORMATION ON THE REPORT-

The information presented in this report is presented through the experience gained while working in
the respective departments.

The Customer Service Desk is the department which provides the various free gifts and offers on the
slab basis or on products individually. Thus, working in this particular department helps to
understand the consumer behavior and their requirements. Direct interaction with the customers is
possible here. At CSD customers share their problems and error in service by the store.

The SOP of Future group for Big Bazaar explains the details of dealing with the customers and also
how to delight them with listening and solving their problem or query.

The customer behavior can be easily observed at the CSD counter.

Generally in a store there are two types of promotions. Some of the factors have already been
mentioned in the report. The two types of promotions are:

INSTORE PROMOTIONS

OUTDOOR PROMOTIONS

 The In store promotion deals with the offer signage which inform the customers about the
products available and offers on the particular products in departments.
 An outdoor promotion deals with pamphlet distribution, hoardings, events organized and also
through media such as visual and audio etc.

These are broadly defined ingredients for a retail store. Use of them is very important for creating a
successful retail store.

38
Marketing Mix (7 P’s) in Big Bazaar

PRODUCT

Big Bazaar offers a wide range of products which includes every minute thing which a person needs
for daily utilization. That is from food items to apparels and from kitchen item to home decoration
furniture and stationary.

This indicates that Big Bazaar covers every aspect in the product category. Even some of its store
offer jewellery also.

PRICE

The price offered at Big Bazaar is claimed as “Isse sasta aur achcha aur kahin nahin”. This quote
itself tells that the main advantage which Big Bazaar had before any of its competitors came into
scene has become synonymous to its name.

In India the customers which is targeted by Big Bazaar is mainly middle class population. They are
mainly price conscious and want more value for lesser price. So Big Bazaar clicked for the Indian
consumers.

PLACE

Place i.e. location is a very important factor for a retail store.

Factors such as-

Population residing near and around the store

Accessibility to the store location

Competitors around the location

Rental as a criterion has to be considered.

PROMOTION
39
Big Bazaar started many new and innovative cross-sell and up-sell strategies in Indian retail market.
The various promotion techniques used at Big Bazaar include "saal ke sabse saste teen din", Future
Card (the card offers 3% discount), Shakti Card,

Brand Endorsement by M. S. Dhoni, Exchange Offer - ‘Junk Swap Offer’, Point-of-Purchase


Promotions.

Advertising has played a crucial role in building of the brand. Big Bazaar advertisements are seen in
print media, TV, Radio (FM) and road-side bill-boards.

PEOPLE

They are one of the key assets for any organization. The salient features of staff of Big Bazaar are: -

A well-trained staff should be employed in a giant retail chain as Big Bazaar.

Well-dressed staff improves the overall appearance of store.

Employees are motivated to think out-of-the-box. Retail sector is in growth stage, so staff is
empowered to take innovative steps.

It employs close to 10,000 people and recruits nearly 500 people every month.

It uses technology for planning and decision making.

Multiple counters for payment, staff at store to keep baggage and security guards at every gate,
makes for a customer-friendly atmosphere.

PROCESS

The goods' dispatch and purchasing area has certain salient features which include: -

Multiple counters with trolleys to carry the items purchased.

Proper display / posters of the place like (DAL, SOAP, etc.).

Home delivery counters also started at many places.

40
PHYSICAL EVIDENCE

It deals with the final deliverable or the display of written facts. This includes the current system and
available facilities.

OBSERVATIONS MADE DURING THE COURSE OF STUDY –

41
SALES PROMOTION STRATEGIES:

EXCHANGE MELA- The first work which was allotted was to promote their scheme of
EXCHANGE of scrap to the customers; it involved attending the customers and explaining the
scheme.

The strategy involved in it was that each category was made in the following ways i.e. newspaper –
Rs.100, apparels-Rs.200 etc. each of them had an amount attached as mentioned .The amt. was
multiplied to the total weight of the items. The amount mentioned thereafter was the amount the
customers have to shop 4 times the value, which were given in terms of coupons of various
denominations.

Thus, increasing the sales of the store and the items which were brought by the customers were
newspapers and apparels therefore there amount was kept higher than other less frequently
brought items. The customers will get more no. of coupons which will convert into sales for the
organization.

UGADI OFFER:

It was a slab offer for customers who made purchase above Rs.1001 and above. This offer was
promoted during Ugadi festival week 21st March to 28th March.

It contributed as a sales promotion strategy as customers were tempted to buy above the slab in
order to get the sweets as a kind of extra benefit.

WEDNESDAY SAVING DIARY:

42
If a customer makes a purchase of Rs.750 and above, a Wednesday diary is provided and in next 4
Wednesday shopping if the total purchase amount reaches Rs.2000 and above a sure gift is provided.

This offer helps in increasing sales in the middle of the week which is a less revenue generator
when compared to the weekends.

20-20 OFFER:

The latest of them all is 20-20 offer which is in accordance to the cricket fever during this period of
IPL matches where customers gets 20 products free if the total amount of purchase is Rs,1499 and
above and there are 20 or more items purchased by the customer.

FUTURE PRE-PAID CARD:

Promotion of the new launched future card was also a task assigned which included explaining the
benefits of the card to the customer and converting them.

Convincing the customer for it was the main task as the customer has to spend Rs. 1050 at the
same time.

This card helps in customer retention and increases customer loyalty as customers have to use
the shopping card in order to use the amount deposited in the future prepaid card.

STRATEGIES TO GET REVENUE THROUGH S-I-S & SPACE SELLING:

43
The companies which want to do tie up activities with the store. They come to the store through
Zonal or they directly contact the individual store. In case the company is coming through Zonal such
an activity is for pan zone basis and in such a case the revenue which is obtained through such an
activity is divided among the store and the entity which handles such promotions i.e. Future Media.

If the company has directly approached an individual store in such a case the revenue need not be
shared and the total benefit of such an activity goes to the store.

44
CHAPTER – 4

45
OBSERVATION METHOD

RESEARCH QUESTION-

1) The effect of offers on sales.

2) Benefit of the offers in terms of revenue to the organization.

3) The best offer in terms of revenue to the organization.

 The various offers taken into consideration for study are of 2009 only.

EFFECT OF OFFERS ON SALES-

There are various offers which run in Big Bazaar. These offers are applied in order to promote sales.
Such offers are applied on regular intervals.

The observation made during the course of the project shows following results:

Sales promotion offer of the Big Bazaar stores on 24th, 25th and 26th of January was “SABSE SASTA
TEEN DIN”. This offer is promoted on the Republic Day as it is a nationalized holiday.

The Sales on 26th January was Rs.52, 37, 749.

But, Sales on 23rd January was only Rs.6, 93, 728.

The sale shows an increase of whopping 655%.

In the same way, The Great Exchange Mela was also a sales promotion scheme which helped in
increasing the revenue of the organization.

The Sales on 8th March was Rs.22, 08, 435. This was the day when the offer was running in the
store.

46
The Sales on 11th February was Rs.5, 07, 183.

The sale shows an increase of 335%

20-20 Offer promoted during the period of IPL 20-20 Matches had an offer of providing 20
ensemble items as a gift hamper on the purchase of 20 or more items.

The Sales on 15th April was Rs.4, 26, 547.

The revenue, when the offer was running was Rs. 6, 32, 002.

Thus, showing a increase of 48.13%. This is quite less than other promotion offers of Big Bazaar.

Other similar offer which cannot be compared as it is a weekly running offer is

WEDNESDAY SAVINGS DIARY

This is also a Sales Promotion scheme of Big Bazaar to promote Wednesday sales. It is seen that
there is a significant increase in sales on every Wednesday; it is also due to the various offers,
discounts which are provided to the consumers on this day of the week.

The best offer of them all is “Sabse Sasta Teen Din”.

The various reasons for the following are:

 Due to public holiday people are free to purchase on this day.

47
 The various offers which are not provided on other days are provided to the consumers
on these three days.

 The other offers lack due to the above mentioned reasons.

LACKING POINTS OF 20-20 OFFER-

 Products shown on the pamphlets and newspapers for the promotion of the offer had products
which were not available actually as free gifts at the store. This resulted in dissatisfaction of
customers

 The offer details were not clear therefore the customers came up with some pre-conceived
notions for the products being provided as free gifts during 20-20 offer.

This defeated the main objective to attract the customer. So the promotional campaign should have
clarity so that it could be easily communicated and understood by the target customer group.

ANALYSIS

FACTOR ANALYSIS

48
Factor Analysis is primarily used for data reduction or structure detection.

The factor analysis is used in this project in order to know the variables which are important
to and uncorrelated.

KMO and Bartlett's Test

Kaiser-Meyer-Olkin Measure of Sampling Adequacy.


.534

Bartlett's Test of Sphericity Approx. Chi-Square 147.120


df 78
Sig. .000

 The KMO value is 0.534 which is greater than 0.5 therefore the Factor Analysis is
valid.

Initial Extraction
DiscOffAttrac 1.000 .643
Buy1get1 1.000 .558
influByOff 1.000 .633
printvisualAds 1.000 .765
hordPamph 1.000 .630 Communalities
Placingofpro 1.000 .639
regularuse 1.000 .624
behaviofsales 1.000 .720
Incomstatus 1.000 .726
ShopWidPer 1.000 .615 49
influofFriFam 1.000 .678
SpeOccMore 1.000 .810
festdisc 1.000 .536
Extraction Method: Principal Component Analysis.

Communalities indicate the amount of variance in each variable that is accounted for.

• Initial communalities are estimates of the variance in each variable accounted for by all

components or factors. For principal components extraction, this is always equal to 1.0 for

correlation analyses.

• Extraction communalities are estimates of the variance in each variable accounted for by the

components. The communalities in this table are all high, which indicates that the extracted

components represent the variables well. If any communality is very low in a principal

components extraction, you may need to extract another component.

Total Variance Explained

Component Initial Eigenvalues


Total % of Variance Cumulative %
1 2.159 16.611 16.611

50
2 1.683 12.948 29.559
3 1.367 10.513 40.071
4 1.236 9.508 49.580
5 1.115 8.576 58.156
6 1.017 7.827 65.982
7 .963 7.410 73.392
8 .762 5.858 79.250
9 .665 5.118 84.368
10 .594 4.571 88.939
11 .579 4.456 93.395
12 .444 3.418 96.813
13 .414 3.187 100.000
Extraction Method: Principal Component Analysis.

. The variance explained by the initial solution, extracted components, and rotated components is

displayed. This first section of the table shows the Initial Eigen values.

• The Total column gives the eigen value, or amount of variance in the original variables

accounted for by each component.

• The % of Variance column gives the ratio, expressed as a percentage, of the variance

accounted for by each component to the total variance in all of the variables

• The Cumulative % column gives the percentage of variance accounted for by the first n

components. For example, the cumulative percentage for the second component is the sum of

the percentage of variance for the first and second components.

For the initial solution, there are as many components as variables, and in a correlations analysis, the

sum of the eigen values equals the number of components. You have requested that eigen values

greater than 1 be extracted, so the FIRST FIVE principal components form the extracted

solution.

Component Matrix (a)

Component

51
1 2 3 4 5 6
DiscOffAttrac .256 -.331 -.575 .234 .248 .146
Buy1get1 .579 -.449 -.115 -.042 .080 -.019
influByOff .300 .614 -.323 .155 .086 .172
printvisualAds .426 .087 .510 -.060 .506 -.237
hordPamph -.013 .658 .044 .290 -.281 -.179
Placingofpro .183 .546 .247 -.366 .212 .262
regularuse .372 -.216 .332 .472 .325 .008
behaviofsales .600 -.112 -.290 -.440 -.233 .125
Incomstatus .569 .078 .052 .354 -.505 .117
ShopWidPer .497 .409 -.326 -.041 .305 -.007
influofFriFam .358 -.040 .087 -.544 -.216 -.445
SpeOccMore .132 -.130 .449 -.137 -.146 .731
festdisc .489 -.074 .289 .277 -.291 -.218
Extraction Method: Principal Component Analysis.
a 6 components extracted.

Rotated Component Matrix (a)

Component
1 2 3 4 5 6
DiscOffAttrac .179 .742 .004 -.170 -.090 -.152
Buy1get1 -.029 .608 .228 .291 .221 .048

52
influByOff .772 -.037 .124 -.110 -.081 -.029
printvisualAds .124 -.064 -.003 .174 .845 .039
hordPamph .368 -.549 .339 -.129 -.108 -.223
Placingofpro .492 -.331 -.204 .181 .223 .406
regularuse -.048 .253 .317 -.289 .609 .047
behaviofsales .249 .397 .175 .625 -.172 .225
Incomstatus .181 .073 .812 .052 -.070 .148
ShopWidPer .721 .187 .005 .146 .166 -.107
influofFriFam -.057 -.070 .083 .799 .107 -.111
SpeOccMore -.111 .005 .115 -.060 .030 .883
festdisc -.073 -.002 .661 .150 .264 -.039

Extraction Method: Principal Component Analysis. Rotation Method: Varimax with Kaiser
Normalization.
a Rotation converged in 9 iterations.

DATA INTERPRETATION

53
According to the data of Factor Analysis the Store Promotional offers which influence the
customers’ are-

 1st COMPONENT-
0.772(influence by offers), 0.721(shopping with the person)

 2nd COMPONENT-
0.742(discount offers attract), 0.608(Buy get1free)

 3rd COMPONENT-
0.812(income status affects buying behavior), 0.661(Festival discount)

 4th COMPONENT-
0.799(Influence of friends and family), 0.625(Behavior of salesperson)

 5th COMPONENT-
0.845(Print and visual ads)

 6thCOMPONENT-
0.883(Special Occasion makes them buy extra)

EXPLANATION

54
The survey suggests that most of the customers are influenced by offers which are given by Big
Bazaar attract them to make their purchase from this store. As well as the customer’s choice is
affected by the person with whom they shop. This could be concluded that the main attraction of Big
Bazaar stores is the offers which are provided to the customers.

Of all the offers provided by Big Bazaar the most influencing offer is discounts and buy 1 get 1
free offers (which is 50% discount on products) provided on products in the store. Most of the
customers come to store in order to get the discounts and they think that the rates are better than other
stores.

Most of the customers agree to the statement that their income status affects their buying behavior.
At the same time, festival discount affects the amount of buying. Thus, the offer of giving any extra
value or discount on products induces them to come for purchasing in Big Bazaar.

Influence of friends and family on decision-making for the purchase of any product is a statement
that many customers agreed to. These friends or family members act as a reference group when a
purchase decision has to be made by an individual. Behavior of sales person affects the buying of the
customers as well as it influences their choice making.

The other component which could be considered as an important factor in promotion is the media
through which the offers are promoted. The most important and beneficial media in terms of reach
and effectiveness is print and visual media.

Special occasion makes customers to purchase extra. Thus, this could be derived that festivals need
special offers. This could result in increase of revenue for the store.

THE QUESTIONS WITH MULTIPLE CHOICES

55
AGE GROUP-

11%
18%

24%

less than 25
25-35
35-45
45 and above
47%

The age group which visits retail stores frequently according to the study is

The age group is between 25-35 years of age. This age group consists of young people who come
to buy their daily necessities e.g. housewives etc.

GENDER-

56
40%

Male
60% Female

The survey suggests that the majority of customers visiting the store are female. It is therefore
necessary to make strategies which could attract female customers.

Already some promotions have been done in the store like Rangoli competition and Mehendi
competition etc.

57
INCOME-

8%
5%

9%

45%
lessthan 50
thousand
50 thousand-1
lakh
1 lakh-2 lakh

2 lakh-3 lakh

3 lakh and
33% above

45% of the customers of Big Bazaar come from the income category of 3 lakh and above per
annum. The other majority comes from 2 lakh-3 lakh. This suggests that the customers of Big Bazaar
come from Upper-Middle and Middle-Middle class families.

58
MEDIA-

8%

40%

36% Newspaper

Pamphlets

After coming
to the store
Others

16%
It is clear from the result of this survey that most of the customers come to know about the offers
running in the store through newspapers. The other best way through which the customers come to
know about the running offers is when they visit the store.

59
EASE OF FINDING PRODUCTS-

7%

24% 38%

Yes, generally
Yes, sometimes
No, sometimes
No, never

31%

38% customers easily find the products in the store easily due to the signage positioned at various
places of the store. 24% of the customers sometimes and 7% of them are not able to locate the
products easily.

60
Thus, this could be derived that there is a scope of improvement for the placing of signage in the
store. So that it does not lead to loss of sales to the store in the long run.

61
PLACING OF THE PRODUCTS IN VARIOUS DEPARTMENT-

4%

12%

38%
Good
Could be better
Not attractive
Bad

46%

Here 46% of the customers think that the placing of the products could be better. This means that the
customers are not satisfied with the present display of products in the store. Furthermore,
attractiveness of the display could also be increased.

62
CHAPTER – 5

63
CONCLUSION

The result from this study suggests that –

 As customers are attracted by various offers provided by Big Bazaar and the customers are
attracted by the discounts which are offered by Big Bazaar store, Koramangala. Therefore
the store should maintain its USP of offering products on various discounts offers. Most of
the customers visit the store due to these discounts. Therefore Big Bazaar should always try
to maintain its low margins in order to retain its customers.

 Income status is referred to as one of the most important criteria for amount of purchase
made by the customers. The segmentation of customer group can be done on demographic
factor of income; the main aim of starting Big Bazaar was to cater the huge middle class
segment of India. The target customers were pre determined for the store. Thus, it could be
concluded by this statement that customer group of Big Bazaar which is mainly-

Middle-Middle class
Upper-Middle class

These classes should be focused by Big Bazaar so as to retain its customer group who are
the regular customers of Big Bazaar.

 The Print & Visual ads should be stressed more as most of the respondents gained the
information about the offers through Print or Visual media. These media comes out to be most
viewed.
So, more promotion of offers should be through print and visual media. In the recent times
promotion of Big Bazaar was generally done through print media. But now Big Bazaar has
recognized the reach of Visual media. Therefore advertisements of the offers are shown
regularly (as comparative to previously occasional ads) through the visual media.

 Most of the customers are influenced by comments of family and friends. For their purchase
decisions.

 Respondents admitted that they are driven to buy extra during special occasions like Festivals
etc.
Therefore, offers during festivals should be more advertised, so that customers are driven to
buy extra quantity.

64
INFERENCES DRAWN FROM THE MULTIPLE CHOICE QUESTIONS

The age groups of the customers who visit Big Bazaar store in majority are of young age thus the
offers which are given in the store should be such that it attracts the customers.

Mostly female customers come for shopping At Big Bazaar; it is because most women take up the
household responsibilities and therefore they know the needs of their family. The promotions in Big
Bazaar such as Future Prepaid card only show young woman with the card in her hand.

The following data suggests that as newspaper (Big Bazaar advertises mainly through Times of
India) is the best medium to communicate the offer to the customers therefore it should be continued
and could also be increased as per the requirement.

In-store promotion of the offers is always important; Visual Merchandising plays an important role in
it. Therefore, it should always be emphasized.

A large number of customers think that they are not able to find the product easily, this means that the
store signage need to be put in such a way that they are easily visible and are eye-catching.

In the same way placing of the products is also not satisfactory. The reason for the mentioned is the
limited space area of the store which cannot be increased.

65
RECOMMENDATION

 More promotions should be made targeting on youth segment. Offers on luxury items
and eatables should be emphasized at youth is attracted towards them.
 The customers of young adults come in majority to the store. Therefore, offers should be such
which attracts such customers.
As some Organic products are sold in the store which attracts the young people because today
people are more health conscious. Therefore giving free sample of products will not only
promote such products but also attract the youth crowd to buy such products.
 The customers who visit the store are mainly female, therefore a Ladies Zone could be
introduced where-
i. The ladies could share their feelings about anything in the store, including the suggestions
they want to give about the store.
ii. Regular offers for the ladies customers and also competitions etc. organized on a regular basis.
Like- on a monthly basis.
iii. Special benefits for the women who shop every week from Big Bazaar.
Benefits could be- Special discounts, free gifts, and preference during Billing or Jackpot.

 The media and outdoor promotions should focus more on women customers.

 Certain areas which are eye-catching are


i. Entrance
ii. Cash till areas
iii. Stairs
iv. Area in front of the stairs.

Generally, stairs and area in front of the stairs is unutilized which could be utilized effectively.

66
The inference can be drawn from the project that-
Factors which affect customers are
 Offers i.e. mainly discount offers in the store
 Opinion of friends and family
 Festival season
 Income of the customer

 Visual media is the best media for promotion of the offers.

 The ease of finding product has to be increased for the customers; this will help in
increasing the level of customer satisfaction.
 Store signage can be made more visible by using places which are more eye-catching.

OBSERVATION METHOD-
 It suggests that promotional offers bring in more revenue for the store in comparison to
ordinary days.
 Customers are more attracted to the store and purchase more than required i.e. leading to
impulse buying.
 It suggests that some offers are better than others due to the extra benefits which are
offered to the customers during their period.

67
ILLUSTRATION

REFERENCES

 Internal references from Big Bazaar staff.


 Store Manager, BB, Koramangala (Pantaloon Retail Ltd.)
 Internal data obtained from the store in form of reports.
 Practical experience of working in the store.
 Day to day activities performed in the store.
 “Login” http://www.pantaloon.com/companyinfo.asp

68
QUESTIONNAIRE

NAME...............................

AGE less than 25 25-35 35-45 45 and above

GENDER: MALE FEMALE

INCOME: less than 50,000 50,000 – 1 lakh 1 lakh – 2 lakh

2 lakh – 3 lakh 3 lakh and above

1 2 3 4

STRONGLY
STRONGLY
AGREE AGREE DISAGREE DISAGREE
ii. Discount offers regarding product attracts me
iii. Various schemes like (buy 1 get 1 free) affects my
buying more
iv. I am never influenced by offers on products

v. Advertisement of product in print and visual media


attracts me to buy that product
vii. Hording and pamphlets of product help me in
impulse buying
xi. I easily find the product in store due to good
placing of the product

i. Regular use of the same product , popularity of a


product is a motivational factor to buy product
ii. Behavior of sales person affects my buying
behavior.

69
Please tick any one of the blanks in each question.

SA A DA SDA
i. Income status affects my amount of buying

i. The person with whom I am going for shopping


influences my product selection
ii. Comments of family , friends influence my buying
behavior

i. On special occasion I buy more than I need.

ii Various festival discounts on product induce


purchase of product.

• From where do you get to know the offer running at Big Bazaar? ( mostly)

a) Newspaper

b) Pamphlets

c) After coming to the store

d) Other

• Is it easy to find the products through signage in this store?

a) Yes, generally
b) Yes, sometimes
c) Not, sometimes
d) No, never

• How is the placing of the products in various departments according to your point of view?

a) Good
b) Could be better
c) Not attractive

70
d) Bad

Thank you for your valuable time.

71

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