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1 Chapter 1: Introduction
2 Marketing Mix
5 Chapter 4: Results
3
Indian Retail Sector
• The Indian retail industry constitutes over 10% of the
country’s Gross Domestic Product (GDP) and around
8% of the employment. It is expected to increase by 60
per cent to reach US$ 1.1 trillion by the year 2020 .
• Globally, India is fifth-largest global destination in the
retail space and is growing at a rate of 12%. per annum.
https://www.ibef.org/industry/retail-india.aspx
INDIAN RETAIL MARKET
ORGANIZED UNORGANIZED
RETAIL RETAIL
MARKET MARKET
Organized retail sector is growing rapidly and consumers are
shifting to shopping in organized retail stores.
Shopping habits of Indian customers are changing due to
their growing :
1. Disposable income
2. Relative increase in the younger population,
3. The change in attitudes towards
5 shopping.
• Year of Inception: 1973 in
Bahrain
• About: An international,
diversified Retail and
Hospitality conglomerate.
• Founder Chairman: Mickey
Jagtiani
• Number of Outlets: Operates
over 2000 outlets encompassing
over 27 million square feet
across the Middle East, Africa
and the Indian subcontinent.
RETAIL BRANDS
INTERNATIONAL BRANDS
7
HOSPITALITY
8 http://www.landmarkgroup.com/int/en/brands
Landmark Group In India
• Entered the Indian market in 1999
• The group now operates more than 350 stores in India and
employees more than 15,000 people in the following
businesses.
• Launched: First store in Chennai
in 1999
• About: Lifestyle positions itself as
a trendy, youthful and vibrant store,
offering its consumers the latest in
fashion and lifestyle in an
enjoyable shopping environment.
• Presence: In major metros and tier
1 and 2 cities.
• Growth: Currently growing at the
rate of 20% CAGR (Compounded
Annual Growth Rate) for the last
five years.
http://www.landmarkgroup.com/int/en/lifestyle-department-
stores
Marketing Mix
11
12
13
Chapter 2: Conceptual
Background
14
Review of Literature
Name and Year Factors Relation
Sangvikar & Katole, 2012 Price discount offered variety of Consumer buying behaviour had a
products positive relation with discounts,
Product quality product variety.
Bad quality had a negative impact.
Gupta & Jain, 2016 Product originality Product quality had the highest
Services offered impact. Followed by services and
discounts discounts
Menaka & Chandramana, 2014 Consumer expectations Meeting the consumer expectations
(value for money, friendly had a positive impact.
interactions, product variety).
Fatima & Bisaria, 2017 Payment mode, discount offered, These factors positively impact
location and ambience purchasing behaviour.
Mathur, Jain, & Sharma, 2013 Income and occupation Highly influence purchasing
behaviour
Batra, 2014 Availability and variety of stock, These factors have a high impact
ambience, service of stores, on consumer purchasing behaviour.
product quality and promotions.
Chaudhary & Gupta, 2012) Children’s impact on parent’s Persuasion strategy and emotional
buying behaviour and bargaining strategies impact
parent’s buying behaviour
Name and Year Factors Relation
Mohan, Sharma, & Bharadwaj, Store layout and ambience High impact on consumer buying
2013 behaviour
Mihic, Ani, & Milakovic Time spend in store More time spend in the store leads
to increased planned and
unplanned purchases.
K A & Kumar, 2017 Prices, discounts, offers Discounts had the highest impact
on consumer buying behaviour.
Ramya & Ali, 2016 Pricing and products needed First, the consumers decides what
is needed to be purchased and the
price of the product impacts the
purchasing decision
Gurunathan & Krishnakumar, 2013 Consumer characteristics, These factors, highly impact the
reference groups, store attributes, purchasing decision. Also, branded
promotion and product attributes apparels are highly demanded
Neal, Neal, Quester, & Hawkins, Personal, professional and lifestyle Highly influence the buying
2006 decision
Hoyer, MacInnis, & Pieters, 2012 Store location and environment The location of the store and the
in-store environment are seen to
have a big impact on the
consumers’ buying decision
Name and Year Factors Relation
Baker, Grewal , & Parasuraman, Employee friendliness It was found out that the more
1994 social cues present in the store
environment, the higher the
consumers are likely to buy.
Nishanov & Ahunjonov, 2016 Promotions and discounts There is a positive relationship
between the promotions offered
and buying behaviour implying
that when customers see price
discounts, they are more likely to
purchase.
Agarwal, 2012 Price sensitivity and money Consumers prefer low priced
quotient products
Conceptual Model
Marketing and Retail
Mix
Product Effect on
Price consumer Final
purchase Purchase
Place
decision
Promotion
People
Processes
Physical evidence
Store Ambience
▣ Primary:
• To identify factors that influence consumer
buying decision in a department store
▣ Secondary:
• To study the relative influence of marketing mix
on the consumer purchase behaviour.
• To understand the effect of marketing mix on
different customer segments
Chapter 3:
Research Methodology
20
Research Methodology
▣ Research Design: Exploratory and Conclusive
▣ Types of Data: Primary and Secondary
▣ Sample Description
• Sample Size:
115 respondents from Kolkata city who shop at
Lifestyle.
• Sample Selection Procedure: Non-probabilistic
method and convenience
• Time Frame: The data was collected during the
period of 10-18 Nov, 2018
▣ Research Instrument: Undisguised and structured.
Statistical Tools
▣ The data was analysed using Statistical Package for
the Social Sciences (SPSS), a software package used
for interactive, or batched, statistical analysis.
▣ In the present study, the following methods under
SPSS were used for data analysis:
Univariate: Bivariate:
Mean, Median, Chi Square,
Mode, One- ANOVA.
Sample T Test.
Chapter 4:
Results
23
SAMPLE PROFILE
CATEGORY PERCENTAGE
Interpretation:
Out of the 115 respondents 53.9% were females and 45.2% were males
which is a healthy mix of both the genders.57.4% of the respondents were
in the age group 18-25 who were mostly students (precisely 35.7%).As
most of the respondents were students the income group of the same was
within the bracket of 0-3lakhs (39.1%).
Category Preference
Rank Apparel Shoes Cosmetics Accessories Perfume Home
Decor
f % f % f % f % f % f %
1 87 75.7 9 7.8 7 6.1 4 3.5 4 3.5 4 3.5
2 11 9.6 61 53.0 5 4.3 19 16.5 8 7.0 11 9.6
3 7 6.1 23 20.0 10 8.7 57 49.6 9 7.8 9 7.8
4 4 3.5 8 7.0 50 43.5 22 19.1 21 18.3 10 8.7
5 2 1.7 8 7.0 22 19.1 7 6.1 53 46.1 23 20.0
6 4 3.5 6 5.2 21 18.3 6 5.2 20 17.4 58 50.4
Total 11 100. 115 11 100. 115 100.0 11 100. 11 100.
100
5 0 5 0 5 0 5 0
25
Interpretation:
75.7% people ranked apparel as the most preferred category for purchase
followed by shoes wherein 53% people ranked it second in order of preference.
Home Décor was the least preferred with 50.4% respondents ranking it as
number 6.
Marketing Implication
In spite of Lifestyle offering a wide variety of products in the
Home Section, ranging from furniture, furnishings, dining, kitchen
and décor it is ranked the least in terms of preference. This may be
because it has not been marketed well as even though it has online
presence on the website but it lacks adequate coverage on social
media platforms such as Instagram and Facebook. Also very few
Home Centre stores are there within26 Lifestyles.
Important Parameters while
shopping at Lifestyle
Accepted/
Mean Sig. (2-tailed) Rejected
Location 3.18 .000 Rejected
Store Ambience 3.52 .000 Rejected
Variety of products 3.88 .261 Accepted
Price 3.77 .051 Accepted
Assortment of products 3.77 .042 Rejected
Quality 4.17 .098 Accepted
Courteous staff 3.78 .037 Rejected
Exchange Policy 3.75 .022 Rejected
Discounts and Offers 3.78 .051 Accepted
27
Interpretation:
For Test value=4 and at 95% confidence level
N=115
Ho =µ=4
H1=µ≠4
Mean for Quality- 4.17 > 4 ⸫ Quality an important factor
Significance Level for Variety of Products, Price and Discounts and Offers is
higher than 0.05 ⸫ Accepting Ho. For larger population these parameters are
important.
Marketing Implication
Since, variety of products, price, quality, discounts, and offers are
the most important factors that are important to a larger
population, the store must concentrate more on these factors in
order to captivate a wider audience.
28
Chi2 Test for Income and Average
spending
Chi-Square Tests
Asymp.
Sig. (2-
Value df sided)
Pearson Chi- 33.614a 12 .001
Square
Marketing Implication
From the above analysis, it must be noted that Lifestyle must
continue to offer the wide price range of products in order to
satisfy people of all income groups.
30
Likert Scale Questions
(5 point scale)
Sig. (2- Accepted/
Mean tailed) Rejected
Variety of products 3.75 .009 Rejected
product quality 3.89 .118 Accepted
trendy products 3.69 .000 Rejected
Appropriate pricing 3.79 .008 Rejected
easily accessiblty 3.71 .000 Rejected
attractive discounts 3.59 .000 Rejected
preference during sale period 3.80 .026 Rejected
32
ANOVA Test for Product
Quality and Age
ANOVA
product quality
Sum of Mean
Squares df Square F Sig.
Between 2.364 4 .591 .997 .412
Groups
Interpretation
Significance Level is 0.412 > 0.05.
Hence, quality of products is an important factor across all
age groups.
Reliability Test for Likert Scale
Parameter ‘Product’
PRODUCTS
Reliability Statistics
Variety of products
Product Quality
Cronbach's Alpha N of Items
Trendy Products
.717 3
Interpretation
A reliability test was done for products and it was found out
that the data collected with respect to products was reliable.
Chapter 5:
Discussions &
Conclusion
35
Suggestions
▣ Trendy products – Collaborations (Ginger X
Masaba)
▣ Lifestyle rewards programme
▣ Visual appeal
▣ Employing Transgender employees
▣ Social media presence - campaigns
36
Q
U
E
E
N
OF COLLABORATIONS
Lifestyle Rewards Programs
Shopping at Lifestyle enables
consumers to become a
member of their loyalty
program- Landmark rewards,
an award-winning loyalty
programme, that allows its
members to earn points on
purchases, enjoy discounts,
offers etc.
Drawbacks Suggestions
• Points earned only after a • Removal of restriction on
minimum purchase of Rs spending points: No
1000. minimum amount of points
• Points are credited 35 after need to be available.
delivery. • Faster credit process: Points
• For every Rs 200 spent, 2 should be credited as soon as
points are earned. the card is received.
• Minimum of 166 points need • Rewarding points: Instead of
to exist to be able to spend awarding 2 points, reward
points. with 1 point for even Rs 100
purchase.
• Earn points with any
purchase: No minimum
purchase needed to earn
points.
Visual Appeal
▣ The Lifestyle store visited at Quest
Mall, Park Circus is devoid of any
factors that could add to the visual
appeal of the store.
▣ Except for the window displays at the
entrance, the store lacks on interesting
and alluring designs which could
captivate the customers and invite
them over .
▣ Festivals are a way for Lifestyle
stores to bank on and in turn increase
their sale.
Employs speech
and hearing
impaired people
LIFESTYLE
Can employ
Transgenders
Social Media Campaigns
https://www.youtube.com/watch?v=IwON-8rPAFg
#ImperfectlyPerfect
Ginger by Lifestyle launched #ImperfectlyPerfect –its
first digital marketing campaign in 2017 that celebrates
the quirks, the differences, that makes every girl unique
and distinctive. With this campaign, Ginger hoped to
create awareness regarding the unrealistic and
unreasonable expectations that society has from young
women. But the campaign wasn’t as successful.
44
https://www.youtube.com/watch?v=QW9hK8lCA3k
Photos of customers
wearing apparel bought
from Lifestyle can be
posted on their social media
platforms with a hashtag
that is created only for
these kind of posts such as
#litwearinglifestyle
45
INSTAGRAM CAMPAIGN
INSTAGRAM GIVEAWAY: Lifestyle can start an
Instagram giveaway campaign where a particular
product could be up for grabs and their Instagram
followers can comment on why they want to win the
item in the photo and then tag three of their friends that
would want the gift as well. (Who will often comment
and tag another three friends!) Running an Instagram
campaign will increase your followers and brand
awareness among Instagram users.
46
*GIVEAWAY TIME”.
We are a 400K old family
and its time to give back.
ENTER:
1. Follow @lifestylestores
2. Tell us why you want
this bag
3. Tag 3 friends
3 winners will be chosen
at random.
#400k #contest
#ilovelifestyle
#lifestylepicks
47
Conclusion
▣ The retail sector has plays a remarkable role in growing the
productivity of various goods and services. They,therefore
try to attract consumers and boost sales by experimenting
with different kinds of marketing and retail mixes.
▣ This study reveals that quality of products, smooth billing
process and the convenient timings are factors that have
developed a positive experience while shopping at
Lifestyle.
▣ Lifestyle can effectively develop a compelling position in
consumer minds based on identification of particular
strengths within their marketing mix so as to continue its
reign in the market.
48
THANK YOU.
49