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BIG BAZAAR RESEARCH PROJECT

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					          RESEARCH PROJECT REPORT

                            ON


 “A Study on Buying Behavior of Customers in
                 Big Bazaar in NCR”


Submitted for partial fulfillment of award of MASTER`S DEGREE

 IN BUSINESS ADMINISTRATION of Uttar Pradesh Technical

                    University, Lucknow.

                            BY

                   SUNIL KUMAR GIRI

                    Roll No. 0823070040

               MBA – ll Year, 4th Semester

                   (January-May - 2010)




   DRONACHARYA COLLEGE OF ENGINEERING
B-27, KNOWLEDGE PARK – III, GREATER NOIDA (U.P)


                                                            1
                     ACKNOWLEDGEMENT
I take this as an opportunity to thank with bottom of my hear all those without whom

the journey of doing my project would not have been as pleasant as it has been to me.

Working on my project was a constant learning experience with all sweat and tear

which was its due but not without being richly stimulating experience of life time.

I am very thankful to Principal, Prof. (Dr.) R.N. Sharma & H.O.D., MBA, Dept.

Prof. S.K. Bishayee for giving me their valuable advice and guidance towards

fulfillment of the project

For any project to be a success, it is very important to get the right guidance and

support which I got from my Faculty Guide Dr.Rinku Sanjeev. I express my

gratitude to my faculty guide for inspiring me throughout the project.

I want to express my deep gratitude to our institution D.C.E., Gr. Noida , for giving

me the opportunity to undertake this project and enhance my knowledge.



Finally I would like to convey my heartiest thanks to all my well wishers for their

blessing and co-operation throughout my study. They boosted me up every day to

work with a new and high spirit.



                                                         SUNIL KUMAR GIRI

                                                          Roll. No. 0823070040




                                                                                      2
                             DECLARATION




I hereby declare that this Research Project entitled, “A Study on Buying

Behavior of Customers in Big Bazaar in NCR “written and submitted by

me, under the guidance of Dr.(Mrs.) Rinku Sanjeev, is my original work and that has

not been submitted to any other University / Institute previously.




                                                     SUNIL KUMAR GIRI

                                                         Roll No.0823070040

                                                                 MBA-IV Sem.




                                                                                 3
                              CERTIFICATE




This is to certify that the Research Project Report entitled,     “A Study on

Buying Behavior of Customers in Big Bazaar in NCR”                             for the

award of MASTER‟S DEGREE IN BUSINESS ADMINISTRATION from Utter

Pradesh Technical University, Lucknow, has been carried out by Shiv Kumar Tiwari

bearing University Roll No. 0823070405, under my supervision and guidance. The

Report embodies result of original work and studies carried out by the student himself

and the contents of the Report do not form the basis for award of any other Degree to

the candidate or to anybody else.




                                                               Dr. Rinku Sanjeev
                                                                Associate Professor
Date                                                                Dept. MBA
                                                 Dronacharya college of Engineering




                                                                                      4
                              CERTIFICATE




This is to certify that Shiv Kumar Tiwari, MBA-IV Semester, University Roll No.

0823070405, has carried out the Project Work presented in this Report entitled “A

Study on Buying Behavior of Customers in Big Bazaar in NCR”.

The results embodied in the Report are original and not submitted to any other

University / Institute for the award of any Degree / Diploma.




                                                                 Prof. S.K. Bishayee

                                                                H.O.D, Dept. MBA

Date.                                          Dronacharya college of Engineering




                                                                                       5
                                       CONTENTS


CHAPTER-I                                            1-8
,,




          i)     Introduction                         2

          ii)     Objectives of the study             4

          iii)   Scope of the study                   5

          iv)    Importance of study                  6

          v)     Research Methodology                7-8

CHAPTER-II                                           9-33

     Theoretical perspective                         10-33
     ,




CHAPTER-III                                          34-75

          i)     Data collection                     35-36

          ii)    Data analysis and interpretations   37-75

CHAPTER-IV                                           76-82

          i)     Findings of research                77-78

          ii)    Recommendations                     79-80

          iii)   Conclusion                          81-82

CHAPTER-V                                            83-90

           Limitations of the study                  84

ANNEXURE(S)

         Questionnaire

Bibliography




                                                             6
                    LIST OF GRAPHS & CHARTS


1. Customer s monthly income                                        38

2. Customers visit Big Bazaar                                       40

3. Apart from Big Bazaar visit retail outlet                        41

4. Purpose behind visiting big bazaar                               42

5. Demand for other retail outlets in a mall                        43

6. Products mostly purchased by customers                           45

7. Expenditure pattern of customers coming                          47

8. Time spent by customers in shopping                              49

9. Comparison of footfalls in weekdays and weekends                 51

10. Customers preference of timing to visit big bazaar              53

11. List of products and purchasing products on a unplanned basis   55

12. Brand preference of customers in big bazaar                     57

13. Comparison of brand preference on different product category    59

14. Mode of payment of customers in big bazaar                      61

15. Comparison of factors which encourages customers to come        63

16. Services of the sales personnel in Big Bazaar                   65

17. Customers‟ mode of transport to big bazaar                      66

18. Parking space availability in big bazaar                        68

19. Customers preference towards Kirana store                       69

20. Comparison of Big bazaar with any Kirana store                  71

21. Comparison of Big bazaar with others Organized retailers        73




                                                                         7
       CHAPTER - I


vi)    Introduction

vii)   Objectives of the study

viii) Scope of the study

ix)    Importance of study




                                 8
                                 Introduction


As customer‟s tastes and preferences are changing, the market scenario is also

changing from time to time. Today‟s market scenario is very different from that of the

market scenario before 1990. There have been many factors responsible for the

changing market scenario. It is the changing tastes and preference of customer which

has bought in a change in the market. Income level of the people has changed; life

styles and social class of people have completely changed now than that of olden

days. There has been a shift in the market demand in today‟s world. Technology is

one of the major factors which is responsible for this paradigm shift in the mark. New

generation people are no more dependent on haat market and far off departmental

stores. Today we can see a new era in market with the opening up of many

departmental stores, hyper market, shopper‟s stop, malls, branded retail outlets and

specialty stores. In today‟s world shopping is not any more tiresome work rather it‟s a

pleasant outing phenomenon now.



My study is based on a survey done on customers of a hypermarket named big bazaar.

Big bazaar is a new type of market which came into existence in India since 1994. It

is a type of market where various kinds of products are available under one roof. My

study is on determining the customer‟s buying behavior of customer‟s in big bazaar

and the satisfaction level of customers in big bazaar. My study will find out the

current status of big bazaar and determine where it stands in the current market.




                                                                                     9
This market field survey will help in knowing the present customers tastes and

preferences. It will help me in estimating the customer‟s future needs , wants &

demands.




                                                                             10
                 OBJECTIVES OF THE STUDY



1. To find out the buying behavior of the customers coming in to Big Bazaar in

   NCR.

2. To determine the current status of Big Bazaar.



3. To find out the customers response towards Big Bazaar.



4. To study the satisfaction level of customers in different attributes of Big Bazaar.


5. To identify main competitors of Big Bazaar.




                                                                                         11
                               Scope of Study

The scope of this research is to identify the buying behavior of customers of Big

Bazaar in NCR area. This research is based on primary data and secondary data. Due

to time constraint only limited number of persons contacted. This study only focuses

on urban buying behavior of customers because the research conducted in NCR area.

The study does not say anything about rural buying behavior of customer because

rural norms/status/attitude & acceptance of the rural customers differs with urban

customers. The scope of research is limited for NCR area. It provides help to further

the research for organized retail sector in NCR area. It aim to understand the skill of

the company in the area like technological advancement, competition in management.




                                                                                    12
                          Importance of Study

The study shows customers buying pattern with Big Bazaar in NCR area. Its provide

guideline for further research in NCR area for organized retail. Research says about

customer buying behavior towards Big Bazaar in NCR area. The study rate of

customer satisfaction level with Big Bazaar for NCR area. The research is also

important to identify Market size, growth and Market Potential of Big Bazaar in

NCR area. The research shows future Scenario of Big Bazaar in current perspective.

The study shows Opportunities and challenges for Big Bazaar respect of internal &

external environment. Research say about main competitors in the field of organized

retail sectors. The study provide guideline to further extension of Big Bazaar in NCR

area .The study provide help to know the customers satisfaction with Big Bazaar

stores.




                                                                                  13
                     Research Methodology


Technology, customers tastes and preferences play a vital role in today‟s generation.

Research Methodology is a set of various methods to be followed to find out various

information‟s regarding market strata of different products. Research Methodology is

required in every industry for acquiring knowledge of their products.




Area of study:

          The study is exclusively done in the area of marketing. It is a process

requiring care, sophistication, experience, business judgment, and imagination for

which there can be no mechanical substitutes.




Research Design -

            Exploratory Research.



Sampling Design:

           Non Probability sampling- Convenience sampling




Sample Size:

            350 Customers




                                                                                  14
Data Collection : -

       Data is collected from various customers through personal interaction.

Specific questionnaire is prepared for collecting data. Data is collected with mere

interaction and formal discussion with different respondents. Some other relevant

information collected through secondary data




Tools of Analysis : -

       The market survey about the techniques of marketing and nature of

expenditure is carried out by personally interacting with the potential customers in

Big Bazaar.




                                                                                 15
CHAPTER-II
Theoretical Perspective




                          16
                         Theoretical Perspective

Retailing

The Indian consumer could well be crowned King with all economic indicators in the

right place. Queuing up for the coronation ceremony are a multitude of global

companies that are looking at India as the next consumer market powerhouse. And it

seems to be the retail sector that will give the desi consumer royal status.



In this study I will try to find out the present scenario of retail market in India. This

project will give focus on the global scene to retail industry and what will drive the

growth of industry in the future.



Retailing is the final step in the distribution of merchandise, the last link in supply

chain – connecting the bulk procedures of commodities to the final consumers.



Retailing in India is thoroughly unorganized. There is no supply chain management

perspective. According to a survey b y AT Kearney, an overwhelming proportion of

the Rs. 400,000 crore retail market is UNORGANISED. In fact, only a Rs. 20,000

crore segment of the market is organized.

From a size of only Rs.20,000 crore, the ORGANISED retail industry will grow to

Rs. 160,000 crore by 2005. The TOTAL retail market, however, as indicated above

will grow 20 per cent annually from Rs. 400,000 crore in 2000 to Rs. 800,000 crore

by 2005




                                                                                      17
A study by McKinsey points out that India's market for consumer goods can reach a w

$450 billion by 2011 - making it one of the five largest in the world. Further, KPMG

in a recent report titled `Consumer Markets in India - the next big thing?' has said:

"India represents an economic opportunity on a massive scale, both as a global base

and a domestic market." The report, however, finds that the next leap in the growth of

the consumer market will be spearheaded by the changing dynamics of the retail

sector. "Companies expect that the next cycle of change in Indian consumer markets

will be the arrival of foreign players in consumer retailing. Although FDI remains

highly restricted in retailing, most companies believe that will not be for long," says

Deepankar Sanwalka, Executive Director and Head - Consumer Markets, KPMG

India.


FDI in retail has once again begun to appear imminent following Prime Minister

Manmohan Singh's recent interview to McKinsey, in which he expressed confidence

that he would be able to get the Left parties on board on the matter. KPMG is in fact

going ahead with its plans to conduct a series of five roadshows in the US and a few

countries in Europe to hold discussions about the opportunities in India's consumer

markets, especially in retail. And the numbers do lend credence to the enthusiasm.


The Economist Intelligence Unit (EIU) country briefing on India, 2005, estimates the

retail market in India will grow from $394 billion in 2005 to $608.9 billion in 2009. In

fact, KPMG finds that the organised retail sector in India is expected to grow at a

higher rate than GDP growth in the next five years, driven by changing lifestyles,

strong income growth and favourable demographic patterns. According to EIU, India

currently has more than five million retails outlets, out of which 96 per cent are

smaller than 500 sq. ft. But this scenario is changing fast. The structure of retailing is


                                                                                       18
developing rapidly with malls becoming increasingly common in large cities, and

development plans being projected at 150 new shopping malls by 2008.




Emerging trends in organized retailing

Over the last five years, a number of large business groups such as Tata‟s, RPG,

Raheja‟s and Piramal‟s has set up stores/malls and built businesses within retail.

Thesem include the Rs1.9bn Food World - a leading supermarket chain set up by

RPG; the Raheja‟s Rs1.8bn Shopper‟s Stop - a multi-brand departmental outlet and

the Crossroads Mall set up by the Piramal‟s. While many of these initiatives were

initially driven by the need to use existing real estate, they are beginning to assume

the contours of a serious business today.



Fuel retailers, notably BPCL and HPCL are also expanding their presence from fuel

retail to grocery and convenience stores. Suitability of location, optimal utilization of

real estate, diversifying business to reduce reliance on the commodity nature of fuel

retail business and improve margins are the key factors that has lead fuel majors to

enter into the retailing.



Also, existing family owned businesses are expanding their businesses. The more

successful of them are the Nilgiris - a Bangalore base food retailer, Viveks - a 40-year

old Chennai based chain selling consumer durables and Narula‟s - the food chain in

North India.




                                                                                       19
Interestingly, manufacturers are also looking for forward integration and are building

chains around brands. Brands in apparel, footwear and durables have driven the

growth of specialty chains and upgraded existing multi-brand outlet.




Theme for a mall


Although the retail sector in India highly fragmented and consists predominantly of

small, independent, owner-managed shops, it happens to be the country's second

largest employer after agriculture. The country is currently witnessing a boom in

retailing, thanks mainly on account of an increase in the disposable incomes of middle

and                  upper-middle                   class                  households.



More and more corporate houses, including large real estate companies, are now

entering the retail business directly or indirectly. One sign of the modernization of

Indian retailing is the rapid growth in the number of speciality malls and theme malls.

The Piramals, Tatas, Rahejas, ITC, S. Kumar's, RPG Enterprises, Aerens, Omaxe and

mega retailers like Crosswords, Shopper's Stop and Pantaloon have taken the lead in

organised                                                                     retailing.




                                                                                     20
Emergence of specialty retailing


Though organised retailing is still at a nascent stage - accounting for only around two

per cent of the $180 billion retail market in India - it is likely to touch 10 per cent by

the end of this decade. Four product categories have led the organised retailing wave:

foods, apparel, lifestyle products, consumer durables and electronics. In recent times,

several theme malls such as Gold Souk (jewellery malls), Wedding Mall, Electronic

Mall, Auto Mall, etc catering to specific needs and occasions have been completed or

announced.



Many top developers are now toying with the idea of developing speciality malls.

Speciality malls are already a success in the West, whereas the concept is in its

infancy in India. One could venture so far as to say speciality and theme based

retailing will drive the growth of organized retailing in India.


ORGAINSED RETAILING

Organised retailing got a leg up during 2004 with the opening of new format stores,

rapid growth of existing players, start-up of new-generation shopping malls, the

Government's intention of allowing a certain level of foreign direct investment in

retail and the formation of a retailers' association. With consumer sentiment positive

during most of 2004, it led to substantial spending across a number of categories such

as consumer durables, clothing and lifestyle, automobiles and telecom products. At

the beginning of this decade, organised retailing accounted for a mere $2.9 billion in

India. This is only 1.25 per cent of the estimated total retail market. This share has


                                                                                         21
already grown to 2 per cent.Growth projections for retail business vary widely. Some

studies estimate that by 2007, the share of organised retail in the retail pie will jump

three times to reach 5-6 per cent.


Retail in India largest industry accounting for over 10% of the country GDP and

around 8% of the employment. Retail industry in India is at the cross road. It has

emerged as one of the most dynamic and fast paced industries with several player

entering the market. The future is promising the market is growing government

policies are becoming more favorable and emerging technology and facilitating

operations.

Some key facts retail in India largest industry accounting for over 10% of the country

GDP and around 8% of the employment.

The market size of Indian retail industry is about US $ 312 billion.




                                                                                     22
                             Indian consumption cosmos

During past decades private final consumption expenditure has been the key driver

economic growth in India.



                                                  fashion
                                                accessories
                                                   5.5%
                             Telephone                                consumer
                                1.8%                                  durable 4%




                 Enterainm                                                         furniture
                  ent 7.9%                                                           3.4%
                                            consumption
                                              spending
                                             $350 billion


                                                                              Health,
                     Fashion                                                 beauty &
                      9.5%                                                   pharama
                                                                               3.8%


                                                               Book &
                                     food 62%
                                                              music 1.1




The headquartered in Mumbai the company operates over 12 million square feet of

retail space as over one thousand stores across 71 cities in India and employees over

35,000 people.

The companies leading formats include Pantaloons a chain of fashion outlet, Big

bazaar, uniquely Indian hypermarket chain, food Bazaar a supermarket chain blends

he look, touch and feel of Indian Bazaars with aspects of modern retail like choice

convenience and quality and control a chain of seamless destination malls.


                                                                                               23
FUTURE GROUP

Future group, led its founder & group CEO Mr. Kishore Biyani is one of India leading

business house with multiple business spanning across the consumption space. While

retail firm the core business activity of future group, group subsidiaries are present in

consumer finance, capital, insurance, brand development & entertainment. The first

set of Big bazaar store open in 2001 in Kolkata, Hyderabad and Bangalore.




         A layout chart of Big bazaar located at Indralok



                               LAYOUT INDEX



 1. HELP DESK

 2. KIDS ACCESSORIES

 3. JACKETS

 4. BABA SUITS

 5. LADIES TOPS

 6. TRIAL ROOM

 7. PILLARS USED FOR DISPLAYING INFORMATION (SIZE CHART,

     SECTION DESCRIPTION)

 8. WOOLEN CLOTHS FOR KIDS

 9. WINTER WEAR

 10. KIDS CASUAL WEAR

 11. KIDS JEANS AND SHORTS


                                                                                      24
12. INFANT SHIRTS AND T-SHIRTS

13. MEN ACCESSORIES – SUNGLASSES, WRIST WATCHES ETC

14. SOFT TOYS

15. HOME DECORATIVE ITEMS

16. MUSIC COUNTER

17. LADIES ETHINIC

18. LADIES WESTERN

19. LADIES FORMALS(OFFICE WEAR)

20. LADIES ACCESSORIES – LINGERIES

21. LADIES PERFUMERIES

22. LADIES COSMETICS

23. LUGGAGE

24. FOOTWEAR

25. SPORTS

26. SCHEME BASED PROMOTIONAL ITEMS

27. CASH COUNTER

28. HOME FURNISHING (CURTAIN CLOTHS, CARPETS)

29. MEN FORMAL SHIRTS

30. MEN TROUSERS

31. MEN SUITS AND BLAZERS

32. MEN FABRICS

33.MEN ETHINICS




                                                      25
                                DESCRIPTION


HELP DESK – As you can see from the layout, the Help Desk is located in a place

where everyone has their first sight that is in front of the entrance. This shows that

when a person enters in to big bazaar it can get all information about the stores of big

bazaar from the person sitting in the help desk. Help Desk uses paging service as a

tool for the convenience of its employees and customers.



KIDS SECTION – The kids section is located just at the left corner of the

entrance of big bazaar. In the kid‟s section kid‟s accessories like diapers, trolleys,

suckers, water bottles are available in one part. Kid‟s jackets and baba suits are

available in another part. Kids casual wear (jeans and shorts) are placed in one part of

it and infant shirts & t-shirts are also placed in another part. In this section the pillars

are used for displaying information like size chart and section description. The

apparels are available at a price of Rs59 onwards.




MENS SECTION – Next to it is the men‟s section that is in the center. It is

divided in to five parts. At one part men formal shirts are available. In other parts men

trousers, suits and blazers, fabrics and ethnics are available respectively. Here the

price ranges from a minimum of Rs99 to Rs899.



LADIES SECTION – Next to it is the ladies section that is in the extreme right

side. The ladies section is segregated in to seven parts. Ladies section starts from

ladies ethnics, ladies western wear, ladies formals (office wear), ladies accessories –


                                                                                         26
lingerie‟s, ladies perfumeries, and ladies cosmetics respectively. Here the price of the

apparel ranges from Rs99 to Rs1000 approx.



Promotional scheme – With an add on to the above products there are various

other products which are available with a promotional scheme. The various products

under this scheme includes girl t-shirts, infant winter wear etc.



Non-Promotional scheme – There are various other products available without

any promotional scheme which includes jeans, infant baba suits, infant t-shirts, kids

night wear, kids salwar suits etc.



Sports Store – At the extreme corner there is a sports store where various kinds of

sport items are available.



Food Bazaar – The food bazaar is in the 1 st floor of the building. Various kinds of

food items, fruits and vegetables are available there. Sitting arrangements are well

made so that people can sit and take tea, coffee or snacks or any other food item and

can relax.



Cash Counter – The cash counter is located just near the exit




                                                                                     27
                              BOARD OF DIRECTORS


Mr. Kishore Biyani, Managing Director


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. Ved Prakash Arya, Director


Ved Prakash Arya, is an engineer by training and is a graduate of the Indian Institute

of Management, Ahmedabad. Prior to joining Pantaloon Retail, he was the CEO of

Globus.


Mr. Shailesh Haribhakti, Independent Director


Shri Shailesh Haribhakti, is a Chartered Accountant, Cost Accountant, and a Certified

Internal Auditor. He is the Deputy Managing Partner of Haribhakti & Co., Chartered

Accountants and past president of Indian merchant Chambers. He is on the Board of




                                                                                   28
several Public Limited Companies, including Indian Petrochemicals Corporation Ltd.,

Ambuja Cement Eastern Ltd. etc. He is on the Board of Company since June 1, 1999.


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


Dr. D O Koshy, Independent Director


D. O. Koshy, holds a doctorate from IIT, Delhi and is the Director of National

Institute of Design (NID), Ahmedabad. 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. Anju Poddar, Independent Director


Anju Poddar, holds a Bachelor of Engineering from University of Oklahoma and is a

Director, NIFT, Hyderabad chapter. She also serves on the board of Maharishi

Commerce Ltd and Samay Books Ltd,


Ms. Bala Deshpande, Independent Director


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

serves on the boards of Deccan Aviation, Nagarjuna Construction, Welspun India and

Indus League Clothing Ltd,




                                                                                 29
Mr. Anil Harish, Independent Director


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

from University of Miami. He also serves on the board of Mahindra Gesco, Unitech,

IndusInd Bank and Hinduja TMT,


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 – exclusive menswear store in 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 Pantaloons – India‟s family store launched in Kolkata.

    2001 Big Bazaar, „Is se sasta aur accha kahi nahin‟ - India‟s first hypermarket

       chain launched.

    2002 Food Bazaar, the supermarket chain is launched.

    2004 Central – „Shop, Eat, Celebrate in the Heart of Our City‟ - India‟s first

       seamless mall is launched in Bangalore.

    2005 Fashion Station - the popular fashion chain is launched

    2006 Future Capital Holdings, the company‟s financial arm launches real

       estate funds Kshitij and Horizon and private equity fund In division. Plans

       forays into insurance and consumer credit. Multiple retail formats including

       Collection i, Furniture Bazaar, Shoe Factory, EZone, Depot

                                                                                 30
          and futurebazaar.com are launched across the nation. Group enters into joint

          venture agreements with ETAM Group and Generali.

      2007- future group cross $1 billion mark.

      2008- future group holding becomes the second group company to make a

          successful initial public offering in the Indian capital market.




Future Group


Future Group is one of the country‟s leading business groups present in retail, asset

management, consumer finance, insurance, retail media, retail spaces and logistics.

Future Group is present in 61 cities and 65 rural locations. The group‟s flagship

company, Pantaloon Retail (India) Limited operates over 10,000,000 square feet

(930,000 m2) of retail space, has over 1,000 stores and employs over 30,000 people.

Some of its leading retail formats include Pantaloons, Big Bazaar, Central, Food

Bazaar, Home Town, eZone, Depot, Future Money and online retail format

www.futurebazaar.com.


Future Group companies includes, Future Capital Holdings, Future Generali India,

Indus League Clothing and Galaxy Entertainment which manages Sports Bar, Brew

Bar and Bowling Co. Future Capital Holdings, the group‟s financial arm, focuses on

asset management and consumer credit. It manages assets worth over $1 billion that

are being invested in developing retail real estate and consumer-related brands and

hotels.




                                                                                   31
The group‟s joint venture partners include Italian insurance major Generali, French

retailer ETAM group, US-based stationary products retailer Staples Inc and UK-based

Lee Cooper and India-based Talwalkar‟s, Blue Foods and Liberty Shoes.


Future Group‟s vision is to, “Deliver Everything, Everywhere, Everytime to Every

Indian Consumer in the most profitable manner.” The group considers „Indian-ness‟

as a core value and its corporate credo is - Rewrite rules, Retain values.




                           MAJOR INDIAN RETAILERS



       The low-intensity entry of the diversified Mahindra Group into retail is unique

because it plans to focus on lifestyle products. The Mahindra group is the fourth large

Indian business group to enter the business of retail after Reliance Industries Ltd, the

Aditya Birla Group, and Bharti Enterprises Ltd. The other three groups are focusing

either on perishables and groceries, or a range of products, or both.

RPG Retail-Formats: Music World, Books & Beyond, Spencer‟s Hyper, Spencer‟s

Super, Daily & Fresh

Pantaloon Retail-Formats: Big Bazaar, Food Bazaar, Pantaloons, Central, Fashion

Station, Brand Factory, Depot, aLL, E-Zone etc.

The Tata Group-Formats: Westside, Star India Bazaar, Steel junction, Landmark,

and Titan Industries with World of Titans showrooms, Tanishq outlets, Chroma.

K Raheja Corp Group-Formats: Shoppers‟ Stop, Crossword, Hyper City, In orbit

Lifestyle International-Lifestyle, Home Centre, Max, Fun City and International

Franchise brand stores.

Pyramid Retail-Formats: Pyramid Megastore, TruMart

                                                                                     32
Nilgiri’s-Formats: Nilgiri's‟ supermarket chain

Subhiksha-Formats: Subhiksha supermarket pharmacy and telecom discount chain.

Trinethra- Formats: Fabmall supermarket chain and Fabcity hypermarket chain

Vishal Retail Group-Formats: Vishal Mega Mart

BPCL-Formats: In & Out

Reliance Retail-Formats: Reliance Fresh

Reliance ADAG Retail-Format: Reliance World

German Metro Cash & Carry

Shoprite Holdings-Formats: Shoprite Hyper



                             LITERATURE REVIEW



BY SOUMEN CHATTERJEE

Unique customer perception (UCP): According to soumen, Unique Customer

Perception is what is required by companies instead of Unique Selling Proposition. It

is ultimately that customer look for satisfaction based on the picture of perception

derived from various sources. If these perceptions of customer can be analyzed then

promotion would be easier for customer centric marketing. This has lead to the

concept - “Customer Perception is the Rule and not Customer Satisfaction”.



HUAWEI

Satisfy customers perception is the biggest challenge: In meeting customers'

requirements and measuring customers' satisfaction indexes, customer perception

should be definitely a key consideration. Qualified services in the operation execution

layer, technical management layer and business development layer are necessary. It is


                                                                                    33
more important to understand customer expectations and make efforts to exceed their

expectations. In customer satisfaction management, the biggest challenge is customer

perception   management,     or   customer    perception    satisfaction.   The   major

characteristics of service is intangible, hence the core value of services is not like a

physical product but the spiritual experience and perception of customers. The final

aim and ideal effect of service provisioning is to have customers perceive and enjoy

the service. Such perception is both at psychological and behavior levels, and it is the

contents of high quality life in the modern society. Customers are seeking for material

deliverables as well as perceptive enjoyment when purchasing a service produ ct.

Since perceptive enjoyment is a vital service objective, one of the key service

management objectives shall be meeting customers' perceptive enjoyment.




                                                                                     34
ORGANIZATIONAL CHART




                       35
Big Bazaar: Is se sasta aur acha kahin nahin

Big bazaar is the company‟s foray into the world of hypermarket discount stores, the

first of its kind in India. Price and the wide array of products are the USP‟s in Big

Bazaar. Close to two lakh products are available under one roof at prices lower by 2

to 60 per cent over the corresponding market prices. The high quality of service, good

ambience, implicit guarantees and continuous discount programmes have helped in

changing the face of the Indian retailing industry. A leading foreign broking house

compared the rush at Big Bazaar to that of a local suburban train.




                                                                                   36
Food Bazaar – Wholesale prices

Food Bazaar‟s core concept is to create a blend of a typical Indian Bazaar and

International supermarket atmosphere with the objective of giving the customer all the

advantages of Quality, Range and Price associated with large format stores and also

the comfort to See, Touch and Feel the products. The company has recently launched

an aggressive private label programme with its own brands of tea, salt, spices, pulses,

jams, ketchups etc. With unbeatable prices and vast variety (there are 42 varieties of

rice on sale), Food Bazaar has proved to be a hit with customers all over the country.


Big Bazaar


Big Bazaar is a chain of shopping malls in India, owned by the Pantaloon Group and

which work on Wal-Mart type economies of scale. They have had considerable

success in many Indian cities and small towns. Big Bazaar provides quality items but

at an affordable price. It is a very innovative idea and this hypermarket has almost

anything under one roof….Apparel, Footwear, Toys, Household Appliances and

more. The ambience and customer care adds on to the shopping experience.




                                                                                     37
Is Se Sasta Aur Accha Kahin Nahin !!


What's in store for you at Big Bazaar?



1,70,000 products at 6- 60 % discount.



At Big Bazaar, you will get : A wide range of products at 6 – 60 % lower than the

corresponding market price, coupled with an international shopping experience.


If you deal in the categories mentioned there's a big deal of

success for you.


Products available in Big bazaar



Apparel and Accessories for Men, Women and Children.

Baby Accessories.                  Toys
                                                             Luggage
Cosmetics                          Home Textiles
                                                             Linens
Crockery                           Home Needs
                                                             Sarees
Dress Materials Suiting & Shirting Household Appliances
                                                             Stationery
Electrical Accessories             Household Plastics
                                                             Utensils & Utilities
Electronics                        Hardware

Footwear                           Home Decor



Food Bazaar’s core concept is to create a blend of a typical Indian Bazaar and

International supermarket atmosphere with the objective of giving the customer all




                                                                                    38
the advantages of Quality, Range and Price associated with large format stores and

also the comfort to See, Touch and Feel the products.



'FOOD BAZAAR' a division of Pantaloon Retail India Ltd is a chain of large

supermarkets with a difference. It was flagged off in April'02.With store sizes ranging

from 8,000 sq ft to 15,000 sq. ft. in Mumbai (two stores), Kolkata, Bangalore &

Hyderabad, it is opening more stores at Gurgaon (Delhi), New Bombay & Nagpur. It

currently caters to over 1.2 million customers every day across 4 outlets in India and

is soon set to expand and double this figure across 8 outlets all over the country by

June                                                                             2003.

Food Bazaar offers the Indian consumer the best of Western and Indian values. The

western values of convenience, cleanliness and hygiene are offered through pre

packed commodities and the Indian values of "See- Touch- Feel" are offered through

the “Mandi” atmosphere created by displaying staples out in the open, all at very

economical and affordable prices without any compromise on quality. This satisfies

the Indian consumer and comforts her before making her final buying decision. At

other   super    markets,    the    consumer     is     deprived     of   this   factor.

Truly the Indian consumer now agrees with Food Bazaar: "Ab Ghar Chalaana

kitna Aasaan”. This positioning platform of Food Bazaar is evident from the

higher discounts and the wholesale price-points which is below MRP.



Food Bazaar represents the company‟s entry into food retail and is

targeted across all classes of population. Food Bazaar replicates a local „mandi‟, to

provide the much important „touch & feel‟ factor which Indian housewives are used

to in the local bazaar. Food Bazaar has over 50,000 stock keeping units which cover


                                                                                     39
grocery, FMCG products, milk products, juices, tea, sugar, pulses, masalas, rice wheat

etc, besides fruits and vegetables. All products are sold below MRP and discounts

range between 2% to 20%. Fruits and vegetables are sold at prices comparable to

wholesale prices.




                                                                                   40
CHAPTER -III

iii)   Data collection

iv)    Data analysis and interpretations




                                           41
                           Data Collection
Data can be classified under two categories depending upon the sources utilized.

These categories are,

i) Primary data                                 ii) Secondary data

DATA COLLECTION

Data is collected by using various methods. For the purpose of fulfilling the objective

of study and for completing the Research project Report, both primary and secondary

data collected.

PRIMARY SOURCES:

Questionnaire

Keeping in view the objective of study a questionnaire (as given Annexure) was

selected there is Twenty in all. All questions are small in size and arranged logically.

The language is simple to understand.

Interview
Information was also obtained by conversation with Customers .they were

interviewed personally.

SECONDARY DATA: The second information is taken from company document

available on websites

The other related journals information and industry association‟s sites have also been

viewed.




                                                                                     42
SAMPL I NG DESI GN


I n t h e b a ck d r o p o f o b j e ct i v e set , a sa m p l e st u d y c o n d u ct e d i n

Delhi & NCR.

SAMPLE SIZE: 350 CONSUMERS contacted during this research work. The nature

of sampling is NON PROBABITITY –CONVINANCE SAMPLING helped in

keeping the path of research in focus throughout the work.

Collection of the questionnaire

Sufficient time was given to the respondents to answer the questionnaire.

Problem faced while collecting and filling questionnaire

Some of the respondents were hesitant to answer the questionnaire.

Some respondents did not want to answer the questionnaire, so they left it

unanswered.

Where the respondents did not find the relevant answer in his choice provided, they

added they added their own choice or left it unanswered.




Tabulation

After all the questionnaires were collected back, the responses were tabulated.

Each answer of the respondent was tabulated to its respective category.




                                                                                                 43
                                 ANALYSIS

I have done a market field survey on big bazaar. I have surveyed around 350

respondents of Delhi & NCR who come to visit big bazaar. A specific questionnaire is

prepared for the customers and data is obtained from them by moving around big

bazaar and personally interacting with them. The customers gave me valuable

information regarding their consumption pattern in big bazaar. I collected all those

information and a proper analysis is done.


All the analysis and its interpretations are discussed below. Each of the analysis is

done as per the information obtained from the customers and a serious interpretation

has been done to best of my effort.




                                                                                  44
                         Customer s monthly income


Higher income Group                                                                         5%
Middle Income Group                                                                     50%
Lower Income Group                                                                      20%
No Income Group                                                                         25%



                               INCOME GROUP


                                 5%
             25%                                                  Higher Income
                                                                  Group (> Rs.60000)
                                                                  Middle Income
                                                                  Group (Rs. 40000-60000)
                                                                  Lower Income
                                               50%                Group(Rs.10000-40000)
           20%                                                    No Income Group
                                                                  (< Rs.10000)




Analysis: The above diagram shows the distribution of income level of customers

coming in to big bazaar. Among the 350 respondents 50% of customers are of middle

income level that is between Rs10000 – 40000 per month. Least number of customers

visiting Big bazaar are the higher income level people (> Rs.60000 pm) that constitute

only 5%. The lower income level of people coming to big bazaar constitutes of 20%.

25% of people belong to no income group which mostly consists of students.

Interpretation:       Big bazaar is the hub of shopping for middle level income

group people because of its reasonable price on its each product category. The higher

level income group people don‟t prefer to do shopping in big bazaar as it doesn‟t deal



                                                                                       45
with branded products. The higher level income group people are very status

conscious and their psychology is such type that they don‟t prefer much to visit big

bazaar as it is a discounted store. The lower income group people come in to big

bazaar as they get goods at a discounted price. Hence big bazaar should include

branded products in its product category which will encourage higher income group

people to come in to big bazaar. Probably not much of lower income group people

come to big bazaar as they don‟t like to have any shopping experience rather they just

go for nearby store where they can get their necessity goods. Even they purchase

goods on a regular basis on a small quantity. So they don‟t have much interest to

come to big bazaar and do shopping.




                                                                                   46
                        Customers visit Big Bazaar

Weekly                                                                                 29%

Monthly                                                                                34%

Quarterly                                                                              23%

On unplanned basis                                                                     14%




                                   29%


                                                                Weekly
                                           34%                  Monthly
                                                                Quarterly
                 1.2
                                                                On a unplanned basis
                                         23%




Interpretation:        From this I interpret that in big bazaar 34% customers visit

monthly, 29% customer visit weekly 23% customers visit quarterly and 14%

customers visit on planned basis , it means mostly customers visit weekly and

monthly basis for purchase their requirements.




                                                                                   47
              Apart from Big Bazaar visit retail outlet

Yes                                                                                     64%

No                                                                                      36%




  70%

  60%

  50%

  40%

                64%
  30%

  20%
                                   36%

  10%

   0%
                yes                 no



Interpretation:        From this I interpret that 64% customers of big bazaar visit

other retail stores for their requirements and 36% customers of big bazaar generally

do not visit other retail stores. It shows that customers satisfaction level is more   in

big bazaar.




                                                                                       48
                   Purpose behind visiting big bazaar

          Shopping                                                        60%

          Outing                                                          10%

          Both                                                            30%




                                      PURPOSE




                      30%

                                                                     Shopping
                                                                     Outing
                                                  60%                Both

                      10%




Analysis:      Out of the 350 respondents 60% of respondents visit big bazaar for

shopping, 10% for outing and 30% visit big bazaar for both the purposes.




Interpretation:        From this I interpret that big bazaar is purely a shopping

complex but it also facilitates a certain kind of ambience and decorum to the people

that they also visit it for the purpose of outing. The infrastructure and ambience of big

bazaar is so that people even like to go there even also they don‟t have to purchase

anything. People enjoy doing shopping in big bazaar. This is very nice for it as often

customers.



                                                                                      49
                       Demand for other retail outlets in a mall

         Garment Outlet                                                                                     65%
         Footwear Outlet                                                                                    20%
         Food Court                                                                                         30%
         Entertainment                                                                                      20%
         Gift Corner                                                                                        10%
         Jewelers and Watches Store                                                                         10%


   70%
   60%
   50%
   40%
                                                                                                                  Series1
   30%
   20%
   10%
    0%
                                                              Entertainment




                                                                              Gift Corner
                               Footwear Outlet




                                                                                            Watches Store
              Garment Outlet




                                                 Food Court




                                                                                            Jewellery and




Analysis:           The above graph shows that 65% of people visit garment outlet in a

mall other than that of big bazaar. 30% of people also prefer to visit food court in a

mall other than big bazaar. 20% of the people go to footwear outlet in a mall other

than big bazaar. 20% of people also go to mall for entertainment purpose. Some

people that are 10% each also visit gift corner store and jewellery & watches store in a

mall other than big bazaar.




                                                                                                                      50
Interpretation:        From this analysis I come to know that most of the people tend

to visit garment outlets in a mall other than big bazaar as it has some exclusive

branded outlets. People also go for footwear stores as malls have branded footwear

stores in it. People go for watching movies to mall for entertainment. Yet a few

people visits gift corners and jewellery stores in a mall. This is of course a threat for

big bazaar that it is not able to attract customers from other retail outlets and retain

them with it. Big bazaar should definitely include more of branded products in its

product category in order to bring in the customers of mall to it and retain them with

it. It can include some of the exclusive branded outlets of cloths and jewellery in it in

order to attract the brand choosy customers.




                                                                                      51
    Products mostly purchased by customers in big bazaar


   Clothes                                                                  60%
   Grocery                                                                  70%
   Food Item                                                                50%
   Leather Item                                                             25%
   Electronic Item                                                          15%
   Gift Item                                                                10%
   Any other Item                                                           10%



    Any other Item

             Gift Item

   Electronic Item

      Leather Item                                                    Series1

          Food Item

            Grocery

             Clothes

                         0%       20% 40% 60% 80%




Analysis:      This chart clearly indicates that the demand for grocery that is 70% is

highest by the customers followed by clothes rated 60%. The next highest demand is

for food items that is 50%. 25% demand is for leather items in big bazaar. Electronic

items holds 15% of demand and gift items and other items has a demand of only 10%

by the customers of big bazaar.



                                                                                   52
Interpretation:       From this analysis I interpret that customers demand are high

for grocery and clothes followed by food items in big bazaar. Electronic items have a

little demand by the customers. Gift items and other items are not much in demand by

the customers. I can interpret that clothes, grocery and food items are the major

products which hold maximum number of customers. So big bazaar should maintain

its low pricing and product quality to keep hold of the customers and also it should

keep more qualitative products of gift and leather items so that people would go for

more purchase of these items from it. Big bazaar has many local branded products of

grocery and cloths and it is successfully selling it. It should also include branded

products so that more sales can take place.




                                                                                  53
  Expenditure pattern of customers coming in to big bazaar


       Below Rs.500 /single visit                                        11%
       500-1000 /single visit                                            16%
       1000-1500 /single visit                                           22%
       1500-2000 /single visit                                           22%
       More than 2000 /single visit                                      29%




                      EXPENDITURE PATTERN


                                     11%
              29%
                                                                   Below 500
                                               16%
                                                                   500-1000
                                                                   1000-1500
                                                                   1500-2000
                                                                   More than 2000
                                           22%
               22%




Analysis: We can clearly see from this graph that majority of the customers spend

a lot in big bazaar that is 29% of people spend more than Rs2000 in a single visit to

big bazaar. Equal number of people that is 22% of people each spend Rs 1000-1500

and Rs 1500-2000 respectively in a visit to big bazaar.16% of people spend Rs 500-

1000 and only 11% of customers are there who spends less than Rs500 in their visit to

big bazaar.




                                                                                  54
Interpretation: From this I interpret that most of the customers purchase goods

in bulk which leads them to spend a lot. Volume sales are high in big bazaar.

Customers tend to purchase more goods from big bazaar as it provides goods at a

discounted rate. Probably those persons who spend more in a visit to big bazaar are

purchasing on a monthly basis. Those customers who are spending very less money

that is below Rs 500 are mostly coming in just to move around big bazaar and spend

time. In the process they used to spend money on food items and also purchase some

products while roaming in it. Impulse buying behavior of customers comes in to play

to a large extent. More discounts shall be provided to people who does bulk purchase.

This will encourage people to purchase more products.




                                                                                  55
       Time spent by customers in shopping in big bazaar


          Less than half an hour                                           10%

          Half an hour to 1 hour                                           15%

          1 hour to 1 1/2 hours                                            35%

          1 1/2 hours to 2 hours                                           22%

          More than 2 hours                                                18%




   35%

   30%

   25%

   20%
                                        35%
   15%                                                                         Series 1
                                                     22%
   10%                                                            18%
                            15%
     5%          10%

     0%
            Less than Half an hour 1 hour to 1   1 1/2 hours More than 2
           half an hour to 1 hour  1/2 hours      to 2 hours   hours




Analysis:        People spend a lot of time in shopping in big bazaar. Majority of the

respondents (35%) said that they spend at least 1 hour to 1 ½ hours in big bazaar. 22%

respondents also said that they spend 1 ½ hours to 2 hours in their visit to big bazaar.

Only 10% of people said that they spend very little time that is less than half an hour

in big bazaar.



                                                                                      56
Interpretation: As per the given data I interpret that customers are very product

choosy now a days and that‟s why they spend a lot of time in shopping in big bazaar.

Probably customers might even be spending more time in big bazaar as it provides a

very nice ambience and atmosphere for the people to shop in. Hence those persons

who spend half an hour or less than half an hour in big bazaar are those persons who

just come to purchase limited products and come only because of low pricing of

products. People also spend much time in it but purchase very few goods. The sales

personnel should focus on the people who take long time in shopping and purchases a

lot and provide special kind of service to them as they are the major customers.




                                                                                   57
       Comparison of footfalls in weekdays and weekends


         Weeks days                                                    40%

         Weekends                                                      60%




                                    FOOTFALLS




                                                40%
                                                                 Weeks days
                                                                 Weekends
                   60%




Analysis: The above graph shows that more number of people comes to big bazaar

in weekends than that of week days .40% of people visits big bazaar in weekdays

where as 60% of people visit big bazaar in weekends.




Interpretation: I can clearly interpret from this that most of the people tend to

visit big bazaar in weekends rather than that of week days. There are more footfalls in

big bazaar in weekends than that of week days. Though there is not much difference

as 40% of people visit big bazaar in week days hence in weekends the footfall

increases by 10%. As people come more in weekends, so big bazaar should keep it

open for more time in week ends. The infrastructure can be changed a bit in week

ends so that customers can see more products clearly and can move around


                                                                                    58
comfortably. In order to bring in more number of customers in week days big bazaar

should provide some schemes in week days which will encourage people to come in

to it in week days also. Hence the crowd is more in weekends and big bazaar should

avail more parking spaces for its customers in weekends. It can make some temporary

arrangement for parking every weekend. It should not spend much money in

advertising and displaying of products in weekdays rather it should advertise and

display products more in weekends as more number of people comes in weekends.




                                                                                59
        Customers preference of timing to visit big bazaar


        10 A.M - 1 P.M                                                   8%
        1 P.M – 3 P.M                                                   17%
        3 P.M – 6 P.M                                                  35%
        6 P.M – 10 P.M                                                 40%




                                     8%



                                                17%
                40%                                                    10 A.M - 1 P.M
                                                                       1 P.M – 3 P.M
                                                                       3 P.M – 6 P.M
                                                                       6 P.M – 10 P.M



                                          35%




Analysis:     The above pie chart shows that most of the people prefer to visit big

bazaar in evening time than that of the day time. Only 25% of people tend to visit big

bazaar during day time while 75% of people tend to visit big bazaar during after noon

time.




                                                                                       60
Interpretation: From the above analysis I interpret that evening time is the peak

time for big bazaar and day time is the off peak time for big bazaar. There is more

number of people found in big bazaar during evening time than that of day time.

Probably more of products are being sold during evening time in big bazaar than that

of day time. Big bazaar shall provide some special offerings during day time so that

more people should come in during day time. It could offer some special kind of

product in daytime which will be not available during evening time. In this way it will

bring in more number of people during day time for getting the special kind of

products but along with that it will be able to sale other products as people do a lot of

impulse buying at big bazaar.




                                                                                      61
  Comparison of customers purchasing with planned list of

    products and purchasing products on unplanned basis




   Yes                                                                       50%

   No                                                                        40%

   Ever                                                                     10%




                                10%




                                                                                 yes
                                                      50%                        no
                                                                                 ever
                     40%




Analysis:     As shown in the graph out of my total respondents of 350, 50% of

customers come to big bazaar with a planned list of products. 40% of people come in

to big bazaar without any planned list of products to be purchased from big bazaar.




                                                                                       62
Interpretation:        As per the data obtained from the customers of big bazaar I

interpret that most of the customers comes in to big bazaar with a planned list of

products. Few customers come to big bazaar without any planned list of products and

purchases products depending on their selection. These people basically come to the

mall and hence get in to big bazaar. Depending on the product category and brand and

quality of products they purchases goods. Some couples come to mall and go to food

bazaar to have food together and to have chit chat among them. The customer who

comes with a planned list of products purchases more products than that of the

customers who comes without any planned list of products. So big bazaar should

provide more variety and essential goods so that more number of people should come

in with a planned list of products.




                                                                                 63
           Brand preference of customers in big bazaar

         Yes                                                           10%

         No                                                            50%

         Depends on category                                           40%



                           BRAND PREFERENCE




                                         10%                        Yes

             40%
                                                                    No

                                                  50%               Depends on
                                                                    category




Analysis:     As seen in the above chart it is clearly known that only 10% of people

come in to big bazaar with a list of brands in advance. 50% of people completely deny

that they don‟t prepare in list of brand in advance. 40% of people told that they

prepare a list of brand depending on the product category.




Interpretation:       From this I interpret that customers don‟t opt for much brand

preference while purchasing products in big bazaar. A few customers search for

brands but depending on the product category. Customers probably don‟t decide for

brands on products as there are not much of known branded products available at big

bazaar. On product categories like grocery and clothes, big bazaar has many local



                                                                                  64
branded products. Customers purchase a lot of these as its cheap in price even though

its quality is not so good. As most of the customers belong to lower class and middle

class people, they purchase those local branded products as it gives them value for

money. Different products of the same category have different prices. Quality of

products varies with the price. This enables customization of products for various

types of customers. Customers search for brands mostly in apparel section. Some

customers also pre decides the brand on the local manufactured grocery and food

products of big bazaar. Big bazaar should include more of the branded products in its

each category so that customers have more options to choose among the brands. This

will bring in more number of people to big bazaar which will definitely increase the

sales.




                                                                                  65
   Comparison of brand preference on different product category

     Cloths                                                                40%

     Grocery                                                               40%

     Gift Items                                                            33%

     Electronic Items                                                      25%

     Leather Items                                                         2%

     Any Other Item                                                        12%




       45%
       40%
       35%
       30%
       25%
                                                                 Series1
       20%
       15%
       10%
        5%
        0%
                                     m




                                    m
                                    ry
                                     s




                                     s




                                     s
                                   th




                                   m




                                   m
                                  te




                                 Ite
                                 ce
           lo




                               Ite




                               Ite
                               rI




                              ro
          C




                            er
                          he


                            c




                          if t
                          G




                         th
                         ni




                        G
                       at




                       O
                      ro
                    Le


                   ct




                  ny
                 le




                A
               E




Analysis:      This graph shows that cloths and grocery are the only two items on

which customers mostly prefer the brands that is 40% each. 33% brand preference is

on gift items and 25% is on electronic items. Brand preference on leather items is 2%

and 12% on any other item.



Interpretation:         From this I interpret that some of the products brand are pre

decided in advance and for some of the products customers don‟t at all pre decide any

brand. As per electronic goods are concerned customers pre decide the brand as many

branded electronic products are available in big bazaar. The customers pre decides

                                                                                  66
brands on cloths and grocery most as big bazaar produces much of local brands and

also have some well known branded products of clothes with it like flying machine

jeans.




                                                                              67
          Mode of payment of customers in big bazaar



Cash Payment                                                              55%

Credit Card                                                               19%

Debit Card                                                                26%




                     26%

                                                                    Cash Payment
                                                                    Credit Card
                                             55%
                                                                    Debit Card

                    19%




Analysis:    As per my study is concerned, out of the total respondents 55% of

people make cash payment in big bazaar. 19% of them uses credit card as their mode

of payment and 26% of the people makes payment in big bazaar through their debit

card.




                                                                                  68
Interpretation:       As per the obtained data I interpret that more number of people

makes cash payment in big bazaar. A fraction of people uses their credit card for

payment in big bazaar and a very few people uses their debit card for payment. I can

interpret that quick exchange of money for goods is done in big bazaar as most of the

people mode of payment is cash payment. Hence sometimes big bazaar has to wait for

a short time period as some of the customers make their payment through credit and

debit card.




                                                                                  69
Comparison of factors which encourages customers to come in to big

                                       bazaar



Price                                                                         60%
Service                                                                       40%
Ambience                                                                      50%
Product Variety                                                               65%
Product Quality                                                               20%
Convenience                                                                   35%




     70%
     60%
     50%
     40%
               60%                               65%
     30%
                                      50%
     20%                   40%                                          35%
     10%                                                    20%

        0%




Analysis:     People are mostly encouraged to come to big bazaar because of its

cheap price and availability of variety of products. Around 65% of the total

respondent said they are mostly encouraged to come to big bazaar as it has variety

options. Even most of the customers said that they get goods there in a discounted

price and so they come in to it. Many customers also said that they feel good about the



                                                                                    70
service and ambience provided by big bazaar. Around 35% of customers also said that

convenience is also another factor which leads them to come to big bazaar. Product

quality is rated at very low that is only 20% which encourages the customers to come

to big bazaar.



Interpretation: From this analysis I interpret that big bazaar is a well known for

its variety options. People mostly come to big bazaar as they get various kinds of

products under one roof. It is also clearly known that big bazaar sales its goods at a

discounted price as compared to the market. Even it provides a good service and

ambience to its customers which encourages them to visit big bazaar more and more

times. I can also interpret from this that big bazaar has located itself in a good place

from where it is able to attract customers. As a hypermarket which is to be located far

off the city, big bazaar has located itself in a good place from where it is convenient

for people to visit big bazaar. Big bazaar should try and produce more qualitative

products so that customers can get more satisfaction and would never think of not

doing shopping in big bazaar.




                                                                                     71
           Services of the sales personnel in Big Bazaar

      Very good                                           17%

      Good                                                29%

      Ok                                                  36%

      Poor                                                13%

      Very poor                                           5%



    40%
    35%
    30%
    25%
    20%                                 36%
    15%                    29%

    10%          17%
                                                    13%
     5%                                                             5%
     0%
             Very good    Good         Ok          Poor         Very poor




Interpretation: From this I interpret that 36% customers realize service of sale

personnel in Big Bazaar is OK, 29% realize good, 17% realize Very Good, 13%

realize Poor and 5% customers is very dissatisfied with sales personnel‟s in Big

Bazaar.




                                                                             72
           Customers’ mode of transport to big bazaar


 Hired Vehicle                                                                        10%

 Two-wheeler                                                                          40%

 Four-wheeler                                                                         35%

 Any Other                                                                            15%




                         15%         10%



                                                                      Hired Vehicle

                                                      40%             Two-wheeler
          35%
                                                                      Four-wheeler
                                                                      Any Other




Analysis: Around 40% of the total respondent of    comes in to big bazaar with their

own two wheelers. The second majority of people consist of people riding four

wheeler and coming in to big bazaar. Only 15% of people of the total respondent

visits big bazaar on hired vehicles. 10% customers of the total respondent comes in

any other mode of transport.




                                                                                  73
Interpretation:      From the above data I interpret that there are more number of

four wheelers coming found in big bazaar than that of two wheelers. People prefer

more to go to big bazaar in four wheelers than that of two wheelers. A few people are

found who comes in to big bazaar with a hire vehicle. Probably they might be the

tourists.




                                                                                  74
               Parking space availability in big bazaar

Less than adequate                                                               45%

Adequate                                                                         45%

More than adequate                                                               10%




              AVAILABILITY OF PARKING SPACE


                         10%

                                                                              Less than
                                                                              adequate
                                                         45%                  Adequate

                                                                              More than
               45%
                                                                              adequate




Analysis: As it is shown in pie chart most of the people say big bazaar does not

provide adequate parking space. Equal number of people also says that adequate

space is provided for parking big bazaar. Only 10% of people say that more than

adequate space is available for parking in big bazaar.



Interpretation:        Analyzing the above data, I interpret that customers are not

satisfied with the parking space availability provided by big bazaar. Hence it‟s a threat

for big bazaar as it may loose its customers because of less parking space availability.

Even though many customers say adequate space is available for parking in big

bazaar but also it is a threat for big bazaar as it is seen more number of people are

expected to come in to big bazaar. In holidays probably it will be very difficult for

customers to park their vehicle in big bazaar.

                                                                                      75
            Customers preference towards Kirana store


   Yes                                                                         65%

   No                                                                          35%




                35%


                                                                                  yes
                                                                                  no
                                                                65%




Analysis: Out of my total respondent of 350 customers, 65% of them says they go

to their nearby kirana store and 35% said that they don‟t at all go to any kirana store.

This shows that majority of people go to kirana store even though they visit big

bazaar. But some customers are there who never goes to any kirana store.



Interpretation: As per the given data I analyze that most number of people tend

to purchase goods from nearby kirana store even if they come to big bazaar. I can


                                                                                       76
conclude from this that a kirana store is a competitor of big bazaar. Some customers

never go for shopping in kirana store as of it does not have much variety option

available with it. Probably they are more interested in having a shopping experience

rather than to just go and purchase goods from kirana store.




                                                                                 77
               Comparison of Big bazaar with any Kirana store



                                                                              Shopping

                   Price      Service   Variety       Quality   Convenience   Experience   Ambience

Big bazaar         70%         50%          100%       40%         25%          90%             95%

Kirana store       30%         50%          0%         60%         75%          10%             5%




        120
        100                             100                              95
                                                                90
             80                                          75
                         70                                                        Big bazaar
             60                                  60
                               50                                                  Kirana store
             40                                  40
                         30                              25
             20
                                                                10       5
               0                        0
                            er e

                           m e
                                    ce




                                   ce
                            S e



                                    ty


                     in ve n y
                          xp c

                          A nc
                                 ric




                   pp n lit
                                 ie




                         E ien
                                 vi




                                en
                 ho Co ua




                              ie
                              ar
             P

                              er




                             bi
                            Q
                            V




                       g
               S




    Analysis: The above graph shows the comparison of different factors between big

    bazaar and a nearby kirana store. 70% of people say big bazaar provides goods at a

    cheaper price as compared to that of a kirana store. 50% of people say big bazaar

    provides better service and another 50% of them say kirana store provides better

    service. Each and every customer that is 100% agrees that there are more variety of



                                                                                           78
products available at big bazaar than that of kirana store. As per quality of goods is

concerned 60% of the customer say kirana store provides better qualitative products

while 40% of the customers say big bazaar also provides qualitative products. 75%

people say it is more convenient for them to go to a kirana store while 25% of them

say going to big bazaar is more convenient for them. 90% of respondents said it is a

good shopping experience at big bazaar while 105 of them said that they also have a

good shopping experience at kirana store. As per ambience is concerned 95% of

customers said big bazaar provides much nice ambience than big bazaar while 5% of

them said that ambience provided by kirana store is also equivalent to that of big

bazaar.



Interpretation: I interpreted from this that a kirana store is one of the competitor

of big bazaar. It is a threat for big bazaar as some of the attributes of a kirana store

provides more satisfaction to customers. Big bazaar should try to improve on each of

its attributes and out compete the kirana store so that it can convert the customers of

kirana store to be the customers of big bazaar.




                                                                                     79
      Comparison of Big bazaar with others Organized retailers

                              based on following points
                                                                                  Shopping

                  Price      Service    Variety    Quality    Convenience         Experience       Ambience

Big bazaar        45%          50%        55%        52%          54%                46%             58%

O. Org. Retails   55%          50%        45%        48%          46%                54%             42%




       60

       55

       50

       45

       40                                                              Big bazaarO. Org. Retails

       35                                                              Series 2

       30




    Interpretation: I interpreted from this that other organized stores is another

    competitors of big bazaar. It is a threat for big bazaar as some of the attributes of other

    organized stores store provides more satisfaction to customers. Big bazaar should try

    to improve on each of its attributes and out compete the other organized stores.




                                                                                               80
                SWOT ANALYSIS OF BIG BAZAAR


A SWOT analysis is done to know the strengths, weaknesses, opportunities and

threats of any company. This analysis will explain about the strengths, weaknesses,

opportunities and threats of big bazaar.



Strengths of Big bazaar

          Large variety option

          Cheap price

          Huge customer Base

          Volume sales



 Weaknesses of Big bazaar

               Lacks in branded products

               Low in product quality

               Unable to provide enough parking space to its customers



   Threats for Big bazaar

          Opening up of other discounted stores like Vishal mega mart

          Convenience of customers to nearby kirana stores

          Availability of products in other retail outlets




                                                                                      81
Opportunities for Big bazaar



            To open up more and more number of big bazaars in different

             cities of the country.

            To grab the rural market

            To bring in the customers of other retail outlet by dealing with

             branded products.

            Add more products to its product category




                                                                                82
CHAPTER-IV

     Findings




                83
                                   FINDINGS

1. Most of the customers buy their requirement in Big Bazaar on the basis of Weekly

and monthly basis. Customers realized that Big Bazaar stores provide qualitative

products/service with reasonable price.


2. At present time Big Bazaar provide different types of product assortments to the

customers.


3. Continuously opening of Big Bazaar chains in different major cities, increasing

quantities of the customers & profit show that Big Bazaar most accepted name in

organized retail chain in India.


4. Big Bazaar mainly deal with middle income group people who want qualitative

product with reasonable cost.


5. Big bazaar has a good reputation of itself in the market.

6. Big bazaar has positioned itself in the market as a discounted store.

7. Big bazaar holds a huge customer base. The majority of customers belong to

middle class family.

8. Impulse buying behavior of customers comes in to play most of the times in big

bazaar.

9. There are more than 50 big bazaars in different cities of India, it seems that there is

a vast growth of big bazaar lying as customers demand is increasing for big bazaars.


10. Big bazaar is a hypermarket as it provides various kinds of goods like apparels,

grocery, stationary, food items, electronic items, leather items, watches, jewellery,

crockery, decorative items, sport items, chocolates and many more. It competes with

                                                                                        84
all the specialty stores of different products which provide goods at a discounted rate

all through the year.


11. The major players in retail industries are Big bazaar, The Tata Groups (Croma),

Vishal Retail Group, Reliance Retail, Kirana stores & Sabka Bazaar etc.




                                                                                      85
                         SUGGESTIONS


   Big bazaar should include more of branded products its product category so as

    to attract the brand choosy people to come in to big bazaar.




   Big bazaar should provide large parking space for its customers so that they

    can easily park their vehicles.



   It should make different cash counters for different customers. Cash counter

    and credit card payment counter should be placed differently in order to

    reduce the rush and save the customer‟s time. This will be a kind of motivator

    for the customers of big bazaar.



   The service of the sales person is needed to be improved. Personal care should

    be taken by the sales person for the customers so that the customers feel good.



   During the off peak hour‟s big bazaar should provide some offers to its

    customers so that people would be encouraged to come to big bazaar during

    off peak hours. The customers who are present in the mall during the off peak

    hours of big bazaar will definitely go in to big bazaar if surprise offers are

    made at that time.




                                                                                 86
   Customer care department is needed to take proper care of customer

    complaints and queries. The person sitting at the help desk of big bazaar

    should be able to provide all necessary information to the customers whenever

    it is required.



   The infrastructure is needed to be changed a bit during weekends as heavy

    crowd comes in to big bazaar during those days.




                                                                              87
                                  Conclusion

Big bazaar is a major shopping complex for today‟s customers. It is a place where

customers find variety of products at a reasonable price. Big bazaar has a good

reputation of itself in the market. It has positioned itself in the market as a discounted

store. It holds a huge customer base. The majority of customers belong to middle class

family. The youth generation also likes shopping and moving around big bazaar.

Volume sales always take place in big bazaar. Impulse buying behavior of customers

comes in to play most of the times in big bazaar.



Big bazaar is a hypermarket as it provides various kinds of goods like apparels,

grocery, stationary, food items, electronic items, leather items, watches, jewellery,

crockery, decorative items, sport items, chocolates and many more. It competes with

all the specialty stores of different products which provide goods at a discounted rate

all through the year. It holds a large customer base and it seemed from the study that

the customers are quite satisfied with big bazaar. As of now there are 34 big bazaars

in different cities of India, it seems that there is a vast growth of big bazaar lying as

customers demand is increasing for big bazaars.



Big bazaar is a hypermarket store where varieties of products are being sold on

different product category. It has emerged as a hub of shopping specially for middle

class people.

Different types of products starting from a baby food to pizzas all are available under

one roof. In Delhi it is the middle class people who mostly do marketing from big

bazaar. Even most of the people do their monthly shopping from big bazaar. People


                                                                                       88
not only visit big bazaar to do shopping but also visit for outing purpose as it provides

a very nice ambience to its customers. As people go to malls they just tend to move

around big bazaar whether it is for shopping purpose or for outing purpose. Grocery,

apparels and food items are the products which are demanded most by the customers

of Delhi in big bazaar. The major drawback of big bazaar is that it lacks in providing

enough parking space for its customers. This may discourage the customers to come

to big bazaar and shop as they face difficulty in parking their vehicles. Even though

some customers say that they don‟t feel problem in parking their vehicle, it is because

of the parking space available to them by the mall. As it is surveyed it seems that the

biggest competitors of big bazaar are the kirana stores, discounted specialty stores like

Vishal mega mart, Delhi bazaar Big bazaar, The Tata Groups (Croma), Reliance

Retail, & Sabka Bazaar etc.




                                                                                      89
CHAPTER – V

LIMITATIONS OF STUDY




                   90
           Limitations of study
Certain limitations do creep in a research study due to constraints of the time, money

and human efforts, the present study is also not free from certain limitation, which

were unavoidable.

Although all effort were taken to make the result of the work as accurate as possible

as survey but the survey have following constraints.

I- Some customers were not willing to give appointment due to their busy schedule.

II- Due to very large size of the population, only a selected sample of customer could

be contacted.

III- Due to time constraint and other imperative work load during the t period it could

not be made possible to explore more area of concern pertaining to study.

IV- Also impossible for company to prove information is confidential.

V-Due to fast pace of life, some customers were not able to do justification to the

questionnaire.

VI-Personal biases might have come while answer the questionnaire.

VII-As per company rule many information was not disclose as the manager are busy

in their daily schedule. It is not possible for us to spend more time in interaction with

them.




                                                                                      91
                                    ANNEXURE(S)


                                    Questionnaire
PART-1

    1. Name: -
    2. Age: -
    3. Gender: -
    4. Address: -
    5. Qualification: -
    6. Profession: -
    7. Ph.
    8. What‟s your monthly income?
             a) Below 10,000
             b) 20,000 – 40,000
             c) 40,000 – 60,000
             d) More than 60,000


PART-2


1.How frequently do you visit Big Bazaar?
        a) Weekly
        b) Monthly
        c) Quarterly
        d) On unplanned basis


2.Apart from Big Bazaar do you intend to visit any other retail outlet in a Mall?

        a) Yes                                    b) No

2.(a). If yes then what are the other retail outlets do you intend to visit in a mall?
        e) Garment Outlet
        f) Footwear Outlet
        g) Food Court
        h) Entertainment

                                                                                         92
       i) Gift Corner
       j) Jewellery and Watches store



2. What is the purpose behind visiting Big Bazaar?
       a) Shopping
       b) Outing
       c) Others



3. What type of products do you mostly purchase in Big Bazaar?
       a) Cloths
       b) Grocery
       c) Food Item
       d) Leather Item
       e) Electronic Item
       f) Gift Item
       g) Any other Item



4. On an average how much amount of money do you spend in a visit to Big Bazaar?
       a) Below 500
       b) 500 – 1000
       c) 1000 – 1500
       d) 1500 – 2000
       e) More than 2000



5. How much time do you spend in a visit to Big Bazaar?
       a) Less than half an hour
       b) Half an hour to 1 hour
       c) 1 hour to 1 ½ hours
       d) 1 ½ hours to 2 hours
       e) More than 2 hours



                                                                              93
6.Which days of the week do you prefer to visit Big Bazaar?
       a) Week days
       b) Weekends



7. Which time of the day do you mostly prefer to visit Big Bazaar?
       a) 10am – 1pm
       b) 1pm - 3pm
       c) 3pm-6pm
       d) 6pm – 10pm


  10. Do you go with a planned list of products to be purchased from Big Bazaar?
       a) Yes                b) No                  c)some time



  11. Do you prepare a list of brands in advance when you visit to Big Bazaar?
       a) Yes                        b) No                c) Depends on category



  12. In which categories of products do you pre-decide the brands?
          a) Cloths
          b) Leather Items
          c) Electronic Items
          d) Grocery
          e) Gift Items
          f) Any other Item



   13. What is your mode of payment in Big Bazaar?
       a) Cash payment       b) Credit Card     c)Debit Card




                                                                                   94
14. What encourages you to visit Big Bazaar?
            a. Price
            b. Service
            c   Ambience
            c. Product Variety
            d. Product Quality
            e. Convenience



 15. How would you rate the services of the sales personnel in Big Bazaar on a 1 –
 5 scale?
    Very good
    Good
    Ok
    Poor
    Very poor



  16. Which type of your convenience to Big Bazaar?
                       a) Hired vehicle
                       b) Two-wheeler
                       c) Four-wheeler
                       d) Any other


  17. How is the parking space availability in Big Bazaar?
                       a) Less than adequate
                       b) Adequate
                       c) More than adequate



  18. Do you go to Kirana store?

                a) Yes                b) No




                                                                               95
     19. Compare your nearest Kirana store with Big Bazaar.
                      a) Price
I.     Kirana store                                      II.   Big Bazaar
                      b) Service
1.       Kirana store                                    II.   Big Bazaar
                      c) Variety
1.       Kirana store                                    II.   Big Bazaar
                      d) Quality
1.       Kirana store                                    II.   Big Bazaar
                      e) Convenience
1.       Kirana store                                    II.   Big Bazaar
                      f) Shopping Experience
1.       Kirana store                                    II.   Big Bazaar
                      g) Ambience
1.       Kirana store                                    II.   Big Bazaar



     20. Compare others organized retail stores with Big Bazaar on the following
         parameters.
                      a) Price
       1.Big Bazaar                              II. Others Organized Retailer
                      b) Service
       1.Big Bazaar                              II. Others Organized Retailer
                     c) Variety
       1.Big Bazaar                              II. Others Organized Retailer
                      d) Quality
       1.Big Bazaar                              II. Others Organized Retailer
                      e) Convenience
       1.Big Bazaar                              II. Others Organized Retailer
                      f) Shopping Experience
       1.Big Bazaar                              II. Others Organized Retailer
                      g) Ambience
       1.Big Bazaar                              II. Others Organized Retailer




                                                     THANKING YOU




                                                                             96
                                 Bibliography
BOOKS

► Kotler Philip, marketing management, (Pearson          education, 12 th edition)

► Malhotra K. Naresh, marketing research (An applied orientation), Research design,

(Prentice hall of India pvt. 5 th edition)

► Berman B and Evans J.R, Retail Management (Pearson          education, 10 th edition)

► Louden D.L. & bitta delia consumer behavior ( tata Mc. Graw hill, 4 th edition )

► Newman A.J. and Cullen P,Retailing,Environment and operations(Vikas,1 st Ed.)



INTERNET WEB PAGE

       Bigbazaar.co.in

       Organizedretail.co.in

       Retail seminar. In

       Literature review on Big Bazaar.com

       Retailing.co.in




                                                                                     97

				
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