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CHAPTER TITLE
NO
1 CHAPTER -1 INTRODUCTION
1.1 INTRODUCTION
1.2 INDUSTRY PROFILE
1.3 PROFILE OF THE COMPANY
2 CHAPTER -2 REVIEW OF LITERATURE
2.1 REVIEW OF LITERATURE
2.2 RESEARCH REVIEW
3 CHAPTER -3 RESEARCH METHODOLOGY
3.1 RESEARCH DESIGN
3.2 RESEARCH METHOD
3.3 METHOD OF DATA COLLECTION
3.4 SAMPLE SIZE
3.5 DATA ANALYSIS
3.6 TOOLS USED FOR DATA ANALYSIS
4 CHAPTER -4
DATA ANALYSIS AND INTERPRETATION
4.1 ANALTICAL APPROACH PROBLEM SOLVING
4.3 OBSERVATION
4.4 ANALYSIS
4.6 CHECK
5 CHAPTER-5
SUMMARY OF FINDINGS,SUGGESTIONS &
CONCLUSION
5.1 SUMMARY OF FINDINGS
5.1.1 SWOT ANALYSIS
5.2 SUGGESTION
5.3 CONCLUSION
5.4 BIBLIOGRAPHY
5.5 ANNEXURE
CHAPTER-1
INTRODUCTION
INTRODUCTION
expectations;
customer's expectations;
Most companies say that they believe in great customer service, but few set up a
system to ensure that they provide it. To deliver excellent customer service takes
both understanding what your customers want and the way to see that they
receive it.
Delighted Customers Are Profitable:
existing customer than to find a new customer. More important, the difference
between satisfied customers and very satisfied customers can make a big
There are several ways to gather input from customers. The simplest way to find
out how customers feel and what they want is to ask them. If you have only 20
customers, you can talk to each one personally. The advantage of this approach
The disadvantage is that you'll gather different information from each customer
Customer surveys with standardized survey question insure that you will collect
the same information from everyone. Remember that few of your customers
will be interested in "filling out a questionnaire". It's work for them without
we can serve you better" -- your customers will feel less put upon.
Here are a few of the possible dimensions that one could measure:
Quality of product
Pricing
Staffs behavior
Complaints or problems
Billing experience
Securitys behavior
Satisfied patients and customers tell 5 other people about their good
treatment
These facts underscore the need to satisfy your current customers so they
remain with your organization. Ensuring their satisfaction is vital to your long-
term business survival and profitability. The technology available to both you
and your competitors has made it easier to duplicate each others products or
services.
price), costs less to sell to, and refers your business to others.
INDUSTRY PROFILE
traditional markets make way for new formats such as departmental stores,
begun appearing in metros and second-rung cities alike introducing the Indian
Along the way, the modern retail business will create about 1.6 million
jobs in the next five years acc. to McKinsey. Modern retailers will not only
create employment opportunities but also would help raise Indias overall
economic productivity and could also result in lowering prices of goods. With
million retail outlets India has the largest retail density in the world. However,
most of these retail outlets belong to the unorganized sector. The Indian retail
groups, with modern formats of retailing emerging. Organized retail derives its
lowers logistics and marketing costs while delivering better value to customers
in terms of lower price, better quality, greater selection, improved service and in
store ambience.
COMPANY PROFILE
retail (India) Ltd and the Group Chief Executive Officier of Future Group.
Pantaloons family store, an organized retail sector was opened in 1997. This
Big Bazaar was launched in September, 2001 with the opening of its first
four stores in Calcutta, Indore , Bangalore and Hyderabad. Currently, there are
214 stores across 90 cities and towns in India covering around 16 million sq.ft.
Big Bazaar guaranteed that definitely best products offered at the best
prices. Over 1,70,000 products under one roof that cater from apparel to
Accessories and many, many more. Big Bazaar is the destination where
products available at prices lower than the MRP, setting a new level of standard
in price, convenience and quality, making Big Bazaar, India's favourite
shopping destination.
INNOVATIONS:
"to give homemakers the power to save the most and even the stores in
the city don a fresh look to make customers feel that it is their day".
single day, Big Bazaar introduced the concept of "Sabse Sasta Din". The
idea was to simply create a day in a year that truly belonged to Big
Bazaar. This was launched on January 26, 2006 and the result was
The concept was such a huge hit that the offer was increased from one
day to three days in 2009 (24 to 26 Jan) and to five days in 2011 (22-26
Jan).
Maha Bachat- Maha Bachat was started off in 2006 as a single day
campaign with attractive promotional offers across all Big Bazaar stores.
Over the years it has grown into a 6 days biannual campaign. It has
attractive offers in all its value formats such as Big Bazaar, Food Bazaar,
Electronic Bazaar and Furniture Bazaar - catering to the entire needs of a
consumer.
The Great Exchange Offer-On February 12, 2009 Big Bazaar launched
"The Great Exchange Offer", through with the customers can exchange
their old goods in for Big Bazaar coupons. Later, consumers can redeem
Payback card
Future card
Wednesday bazaar
REVIEW OF
LITERATURE
REVIEW OF LITERATURE
Customer satisfaction
customers satisfied. Highly satisfied customers make a repeat purchases and tell
others about their good experience with the product. The key is to match
delight customers by promising only what they can deliver, then delivering
satisfaction.
increasing its services. But this may result in lower profits. Thus, the purpose of
delicate balance: The marketer must continue to generate more customer value
Customer
The question of defining who your customers are seems fairly easy particularly
if you have segmented your market properly and understand who you are trying
that is that customer set can be divided into two parts, the apparent customer
and the user. The apparent customer is the person or group of people who
decide what product to buy and basically have control over the purse strings.
The user is a person or group who physically uses the product or is the direct
recipient of a service.
Satisfaction
Customer satisfaction is a concept that more and more companies are putting at
the heart of their strategy, but for this to be successful theyre needs to be clarity
about, what customer satisfaction means and what needs to happen to drive
little more than a good intention, with confused objectives failing to address the
real issues for customers, one helpful way to look at the problem is to rephrase
the objectives: set the sights on helping the customers meet their goals.
Customer satisfaction can be defined in many different ways. Finding the right
clear vision of the role that customer satisfaction is to play in the strategy. For
can be a company-wide objective rooted in the brand values. For the former, it
may be sufficient to focus on improving customer service, but for the latter a
reputation.
Whatever the strategy for customer satisfaction, it must at least include getting
the basics right. Failing to achieve this can destroy the reputation as well as
companys reputation. Once the objectives for the customer satisfaction strategy
are defined there are a number of steps we can take to make sure the focus on
With the increase in customers demands and competition it has become a lot
more important to base the entire company on customer service. When doing
this one must first realize that every member of an organization plays an active
role in customer service. This includes both external customers and internal
to get through to the customer. The staff focuses all of its attention on satisfying
the customers needs. However, the managements job is to provide the staff
with support necessary to achieve these goals. The other department and staff in
the organization that do not have direct contact with the external customers deal
(Weterings and Opschoor 1992; Vergragt and Jansen 1993; von Weizscker,
Lovins et al. 1997; Ryan 1998; Manzini 1999; Brezet, Bijma et al. 2001;
For more than a decade now, a range of studies that address environmentally
sound consumer behaviour, e.g. car use, waste sorting, minimization and
schemes (Schrader 1999; Meijkamp 2000), ski rental and washing services
attitudes (Balderjahn 1988; Ronis, Yates et al. 1989; Luzar and Cosse 1998). It
is consumer attitudes that are usually named as the major factor in shaping
price in order to satisfy their customers who would ultimately help the firm to
It is a common phenomenon that the services a brand offers and the price it
charges actually determine the level of satisfaction among its customers, than
important and invests time to seek information then it ultimately enhances the
more products, positive word of mouth and willingness of customer to pay more
for the particular brand. Any business is likely to lose market share, customers
charged for a product or service, or the sum of the values that customers
exchange for the benefits of having or using the product or service while
Stanton, Michael and Bruce (1994) defined price as the amount of money or
companying services.
But the marketing literature showed researchers inclination towards price
Kinney, Xia and Monroe, 2007; Martin-Consuegra, Molina and Esteban, 2007).
Monroe, 2007). Price fairness is a very important issue that leads toward
loyalty.
Research has shown that customers decision to accept particular price has a
price perceptions while indirectly through the perception of price fairness. The
price fairness itself and the way it is fixed and offered have a great impact on
satisfaction.
CHAPTER-3
RESEARCH
METHODOLOGY
RESEARCH METHODOLOGY:
MEANING:
Research also starts with question or problem .its purpose is to find answer to
A frame work or blueprint for conducing for the marketing research project it
details
or solving
Descriptive research a type of conclusive research that has as its major objective
3.3.1PRIMARY DATA:
Secondary data is already exits but make some interpretation of the exit data for
our purpose
3.4 SAMPLING SIZE:
Since the degree of accuracy is directly proportional to the sample size, so I had
Since there are different categories of customers and these are less homogenous
The researcher had used convenient sampling method for this research which
be ideal to test the entire population, but in most cases, the population is just too
this sampling technique because it is fast, easy and the subjects are readily
The used the Questionnaire method as a tool of collecting the required data from
the samples.
answer.
The researcher adopted the Questionnaire method for data collection as and all
the respondents are educated and it helps the respondents to give well thought
out answers. In this method the identity of the respondents are kept anonymous
The data collected will be analyzed by descriptive analysis. The data will then
package for social sciences) computer program. There will be the use of mean,
percentage and frequency. The mean will give the average of respondents who
agree or disagree. The frequency will show how many times a certain factor
appears and the parentage that agreed or disagrees on various issues. Other
Chi-square test
3.7 HYPOTHESIS:
Null Hypothesis (Ho): Big Bazaar products and services satisfy its customer.
Alternate Hypothesis (H1): Big Bazaar product and services do not satisfy its
customers.
CHAPTER 4
5%
19% 23%
Excellent
Good
Neutral
Very poor
14%
Poor
39%
H0 = customer service is independent of gender
H1 = customer service is dependent of gender
9% 4% 11%
Excellent
Good
Neutral
36% 40% Very poor
Poor
H0 = prices are dependent on gender
H1 = prices are independent on gender
8% 4% 8% Excellent
21% Good
Neutral
Very poor
59% Poor
H0 = the quality and variety of the product are independent on gender
H1 = the quality and variety of the product are dependent on gender
INFERENCE: Therefore the quality and variety of the product are independent on gender
4. Rating of offers and discounts
5% 10%
14%
Excellent
Good
Neutral
Very poor
24% 47% Poor
H0 = the offers and discounts is independent on the gender
H1 = the offers and discounts is dependent on the gender
Staffs behavior
18% 3% 7% Excellent
Good
Neutral
14% Very poor
58%
Poor
H0 = staffs behavior is independent upon the gender
H1 = staffs behavior is dependent upon the gender
6% 2%
9% 24%
Excellent
Good
Neutral
Very poor
Poor
59%
7. Rating of billing experience
Billing Experience
12% 4% 9% Excellent
Good
Neutral
40% Very poor
35%
Poor
8. Rating of securitys behavior
Securitys Behavior?
16% 4% Excellent
Good
17% 41%
Neutral
Very poor
22% Poor
9. Rating of overall experience in store
Inferred that 34% of the people says the customer service desk and the in
Inferred that 11% of the people say the prices are excellent and 36% are
satisfied
Inferred that 59% of the people say the quality and variety of the product
Inferred that 47% of the people says that the offers and discounts are
Inferred that 18% of the people says the overall experience in the store
of the customers
5.1.1 SWOT ANALYSIS
STRENGTHS
It has goodwill of being a format of Future Group, which has pan India
presence.
WEAKNESS
OPPORTUNITY
Huge potential for entertainment in the city e.g. F-123, Sports bar, E-
facilities.
THREATS
Royapuram Customers are less brand conscious & price sensitive on large
5.2 SUGGESTIONS
The overall sales satisfaction index from the study reveals that the
Some of the customers have complained about the slack in the delivery
a little bit more. It needs to improve its delivery process and time.
Need to become little quick and fast. Some of the customers have also
Even though the complaints are minor, the showroom needs to resolve the
Royapuram product76% people like our product mostly the emr provide small
scale industries,80%people accepted our product but some people provide more
better sales and services Inferred that 37.8% of people strongly agree
satisfy after sales and services Find out analyzing table mostly 62% the service
BOOKS:
report
288: 83.
Marketing Research
WEBSITES:
www.futurebytes.com
www.pantaloon.com
www.retailindia.com
www.google.com
5.5 ANNEXURE
Questionnaire:
Name _________
Poor
6. How do you rate our customer service desk & in-store announcements?
Excellent Good Neutral Very poor
Poor