Customer Satisfaction- Big Bazar 27-3-2

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    ABSTRACT

    Research in common mans language refers to a search for knowledge. One can

    also define research as a scientific and systematic search for pertinent information on a

    specific topic, in fact research is an art of scientific inestigation.

    Research is done to gain familiarity with a phenomenon eent ! product !

    serice or to determine the fre"uency with which something occurs, with which it is

    associated with something else# or to test a hypothesis of casual relationship $etween

    aria$les.

    %n short customer perception research is the o$&ectie and formal process of

    systematically o$taining, analy'ing and interpreting the data for actiona$le decision

    making in customer perception towards an organi'ation (Big Bazaar, in my Study).

    The $asic o$&ectie of this study is to analy'e the customer perception towards

    Big Bazaarin *ydera$ad, Andhra +radesh. Research was carried out for *ydera$ad

    customers who were main targets for this study. Customers ware asked a$out their

    perception towards Big B

    CONTENTS

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    CHAPTER-3

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    COMPANY PROFILE 31-41

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    CHAPTER-1

    %/TRO01CT%O/

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    %/TRO01CT%O/

    8arketing is fast moing and eEciting actiity in eery$ody actiates. The sellers,

    distri$utors, adertising agencies, consultants, transporters, financers, store agencies

    and eery one as a counter are part of the marketing system. Any eEchange process $e it

    consumer, goods, intermediary goods, serices of ideas, comes under the preiew of

    marketing. %t is ery often regarded that the deelopment of markets and marketing is

    synonymous with the economic deelopment of account. Through marketing is an age-old

    actiity# it has deeloped recently as an action discipline. %n the eer-growing corporate

    world, marketing is $eing regarded as a crucial element for the success of an nterprise.

    The marketing discipline is undergoing fresh reappraisal in the light of the ast

    glo$al,

    Technological, economic and social challenges facing todays companies and

    countries.

    8arketing at its $est is a$out alue creation and raising the worlds liing

    standards.

    Todays winning companies are those who succeed most in satisfying, indeed

    delighting

    their target customers.

    As "uoted $yP.P.DruckerF8arketing is so $asic that it cannot $e considered a separate

    function. %t is whole $usiness seen from the point of iew of its final result, that is, from

    3

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    the customers point of iew. Business success is not determined $y the producer $ut $y

    the customerG.

    +hillip Hotler has therefore defined marketing as F%t is a social and managerial process

    $y which indiiduals and groups o$tain what they need and want through creating,

    offering and eEchanging products of alues with othersG. 8any %ndian companies

    espouse a satisfied customer philosophy and descri$e marketing as customer-satisfaction

    engineering. Since the economy in this country has changed from a primary condition of

    scarcity to gradual and steady stage of affluence, largely giing consumers the

    opportunity to choose among many aried alternaties, satisfaction has $ecome a ma&or

    concern of $usiness.

    MARKETING MANAGEMENT

    8arketing is a set of human actiities directed at facilitating and

    consuming hangsG the essence marketing is eEchange of products and the transaction

    satisfies human needs and want. 8arketing manager mange demand $y carrying out

    marketing Research, +lanning, Controlling and implementing the marketing actiities.

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    MARKET DEVELOPMENT

    A strategy for a company growth $y identifying new market for current

    companys products.

    MARKET LEADER

    The firm in an industry with the largest market share, it usually leads other firms

    in price changes, new product introduction, distri$ution coerage and promotion

    spending.

    MARKET CONCEPT

    Only the marketing concept is capa$le of keeping the organi'ation free

    from marketing myopia. 8arketing concept holds that the key to achieingorgani'ational goals consists of $eing more effectie than competitions in integrating

    marketing actiities towards determining and satisfying the needs and wants of target

    markets.

    MARKETING CONCEPTS ON 4 PILLARS

    Target market

    Consumerneeds.

    %ntegrated marketing

    Target Market

    /o company can operate in eer market and satisfy eery need. /or can it always do

    a good &o$ within one $road market. Companies do well when they target markets

    carefully and prepare a tailored market in program. 6or eEample, your target markets

    may $e college-going student or a working professional.

    =

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    Co!"#er Nee$!

    A company can define its target market $ut fail to fully understand that

    consumers needs. 6or instance college-going students look for aesthetic appeal in a

    wristwatch. The company may not understand that, they want impress their friends while

    wearing a wristwatch. 8any companies gie more preference the dura$ility of the

    product and less preference to design, which leads to failure. A responsie market finds a

    stated need or consumers fill itI a creatie marketer discoers and produces solutions

    that consumers did not ask $ut to which they enthusiastically respond.

    INTEGRATED MARKETING

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    6rom the days of industrial reolution when goods serices were produced to

    the present day, the emphasis has shifted from the producers to the consumer and his

    needs, and with the consumer $ecoming more inoled, in the marketing process there is

    greater need for information regarding the consumer needs.

    This research is an insight into the mind of the consumer, with the help of which the

    organi'ations will $ecome aware of their pitfalls and in turn can also make

    improements in the product regarding the leel of satisfaction of the consumers towards

    their offerings in the market place. The $asic need of this pro&ect is to know the

    GSatisfactionG amongst the respondents, with regard to FB%: BAJAARG serices and its

    products.

    SCOPE OF THE STUDY

    Big $a'aar haing fie $ranches in *ydera$ad. 8y Scope is limitation to one

    Branch.The scope of the study is to identify the Consumer perception towards $ig

    $a'aar. %t is aimed at enlightening the company a$out different steps to $e taken up to

    increase the share of $ig $a'aar with regard other competitors and also to make the

    company to proide $etter customer serices.

    The scope of the study is only confined to the area coered under *ydera$ad and

    only confined in studying a$out the consumer perception towards $ig $a'aar.

    ?

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    OBJECTIVES OF THE STUDY

    The pro&ect is mainly under taken to find out what an eEtent consumerperception towards the Big Ba'aar.

    To find out the mode $y which the customers $ecame aware of retail industry of the Big

    Ba'aar.

    To find out what influenced their purchase.

    To determine the "uality aspect of Big Ba'aar.

    To determine the customer leel of satisfaction with Big Ba'aar.

    To know the opinion of the respondents a$out the products.

    To analy'e the customer perception a$out the price of the Big Ba'aar products.

    To know the suggestion $y customers of the Big Ba'aar.

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    9%8%TAT%O/S O6 T* ST107

    4ust like any product, which is doing well in the market, haing good

    figures, goods package, goods "uality and it is from $randed company.

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    The study depends on the mood of the respondents while filling the "uestionnaire, with

    regard to Big Ba'aar products.

    The opinion, pro$lem, suggestions of these respondents are considered as that of whole

    %ndian consumers.

    RSARC* 8T*O0O9O:7

    0efinition#

    Research is the systematic inestigation of fact that seeks to esta$lish relationship

    $etween two phenomenons.

    Research 0esign#

    A Research design is arrangement of conditions for the collection. And analysis of the

    data in a manner that aims to com$ine releance to the research purpose with economy

    in processor. %f it is frame work of plan that guides the collection and analysis of data.

    The research design is the conceptual structure with in which research or study is

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    concerned. %t may $e said to $e $lue print for the collection, measurement and analysis

    of data.

    Type of Study # 0escription

    8ethod of Study # Surey method

    0ata collection 8ode # (a) Duestionnaire (Structured)

    ($) %nteriew (Structured)

    (c) O$seration.

    Target +opulation # 8en and women with the different age groups in

    Big $a'aar 9.B /agar.

    Sampling 1nit # Students, Businessmen and mployees.

    Sampling Si'e # 22 Customers.

    Sampling Area # Big Ba'aar 9.B./agar.

    Sampling 8ethods # Stratified Random Sampling.

    Types of Research#

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    ). Eploratory Research 0esign#

    The Eploratory Research 0esign was used at the preliminary fall for classifying

    concepts. This preliminary research was conducted through surey of literature Related

    to Bi$ Ba'aar, coupled with the opinion and knowledge of Eperts of the file.

    ;). 0escriptie Research 0esign#

    0escriptie Research was then used for descri$ing the characteristics of the +opulation

    under the study and the fre"uency with which something occurs.

    0ATA CO99T%O/ 8T*O0#

    6rom this study the information has $een gathered from following sources#

    +rimary 0ata

    Secondary 0ata

    . +R%8AR7 0ATA

    +rimary data is to $e collected $y the concerned pro&ect researcher

    with releance to his pro$lem. So the primary data is original in nature and is collected

    first hand.

    Collection of primary data

    There are seeral methods of collecting primary data particularly in

    sureys and descriptie researches. %mportant ones are as follows#

    O$seration 8ethod

    %nteriew 8ethod

    @

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    Duestionnaire

    Schedules and

    Other methods which include

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    interiew follows a rigid procedure laid down, asking "uestions in a gien format and the

    order prescri$ed. As against it, the unstructured interiews are characteri'ed $y

    fleEi$ility of approach to "uestioning. 1nstructured interiews do not follow a system of

    pre-determined "uestions and standardi'ed techni"ues of recording information.

    @) D1ST%O//A%R

    The researcher and the respondents do come in contact with each

    other if this method of surey is adopted. Duestionnaires are mailed to the respondents

    with a re"uest to return after completing the same. %t is the most eEtensiely used method

    in arious economic and $usiness sureys research. Duestionnaire to $e used must $e

    prepared ery carefully so that it may proe to $e effectie in collecting the releant

    information.

    Structured "uestionnaire

    1sing structured "uestionnaire method, which contains close-ended

    "uestions, collected the primary data with respect the pro$lem chosen. The "uestions

    hae some options, from which the respondents hae to choose a choice. As the answers

    lie within a specified range they are called close-ended "uestions.

    Open-ended "uestions are those "uestions where no choices are gien

    to respondents and respondents are free to eEpress their choice or answer.

    The following sampling method was used.

    Sampling#

    A non-pro$a$ility conclusie sampling method was used in the study

    for data collection.

    Sample si'e#

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    The sample was taken from the unierse on random sampling $asis in

    *ydera$ad. The sample si'e designed for this pro&ect is 22 keeping in mind the paucity

    of time and also the customer $ase of the organi'ation in the research area.

    Research 8ethodology

    A structured "uestionnaire was prepared and presented to the

    respondents and related "uestions were asked. Duestionnaires mainly contained close-

    ended "uestions and a few open ended "uestions, to identify the reasons for customers

    satisfaction their dissatisfaction.

    Secondary data

    %t is the data already eEisting, which has gone through some standard

    analysis. 1nder the secondary data, the companys annual reports, $rouchers,

    pamphlets, newspapers, &ournals and internet were taken into consideration.

    =

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    8any companies are aiming for high satisfaction $ecause customers who are &ust

    satisfied still find it easy to switch when a $etter offer comes along. Those who are highly

    satisfied are much less ready to switch. *igh satisfaction or delight creates an emotional

    $ond with the $rand, not &ust a rational preference. The result is high customer loyalty.

    KeroEs senior management $eliees that a ery satisfied or delighted customer is worth

    2 times as much to the company as a satisfied customer. A ery satisfied customer is

    likely to stay with KeroE many more years and $uy more than a satisfied customer will.

    *ow do $uyers form their eEpectationsL 6rom past $uying eEperience, friends and

    associates adice and marketers and competitors information and promises. %f marketersraise eEpectations too high, the $uyer is likely to $e disappointed, 6or eEample, *oliday

    %nn ran a campaign a few years ago called M/o Surprises 7et hotel guests still

    encountered a host of pro$lems, and *oliday %nn had to withdraw the campaign.

    *oweer, if the company sets eEpectations too low, it wont attract enough $uyers

    (although it will satisfy those who do $uy).

    Some of todays most successful companies are raising eEpectations and deliering

    performances to match. These companies are aiming for TCS- total customer

    satisfaction. KeroE for eEample, guarantees Mtotal satisfaction and will replace at its

    eEpense any dis satisfied customers e"uipment within a period of three years after

    purchase. Cigna adertises F

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    Saturn %n the late ?2s, Saturn (:eneral 8otors newest car diision) changed the

    whole $uyer seller relationship with a /ew 0eal for car $uyers There would $e a fiEed

    price (none of the traditional haggling)I a @2-day guarantee or money $ackI salespeople

    on salary, not on commission (none of the traditional hard sell). Once a sale is made, the

    sales staff surrounds the new owner for commemoratie photo, with eeryone smiling.

    The companys fifth anniersary cele$ration at the Tennessee head"uarters was attended

    $y more than 3222 Saturn from all across the country. Said Saturns president FSaturn is

    more than a car its a whole new way of doing things, of working with our customers and

    with one another.G

    A customers decision to $e loyal or to defect is the sum of many small encounters with

    the company. Consulting firm 6orum Corporation says that in order for all these small

    encounters to add up to customer loyalty, companies need to create a F$randed customer

    eEperienceG. *eres how Canadian +acific *otels, a chain with ;> properties, did &ust

    that.

    1.2.1 Assuring Customer Satisfaction:

    PThose who enter to $uy, support me. Those who come to flatter, please me. Those who

    complain, teach me how % may please others so that more will come. Only those who hurt

    me are displeased $ut do not complain. They refuse me permission to correct my errors

    and thus improe my serice.P - 8arshall 6ield.

    The attitude of the professional is summed up in this statement. %t esta$lishes the

    customer as the person to whom you are responsi$le. Customers support youI therefore,

    they desere 5%+ treatment.

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    %f it is eEaggerated, try to resole the pro$lem $y pointing out $enefits and features that

    compensate. +ut the negatie detail in a different perspectie for your client so that it

    $ecomes one small part of the total picture.

    8any sales inole the installation of a new system or piece of e"uipment, and the $uyer

    or their employees must $e trained to use it. Their successful use of the e"uipment

    depends upon the effectieness of the training, and it is imperatie that the salesperson

    follows through after the training period to make sure the client uses the purchase

    properly.

    %t is not uncommon for people to forget > percent of what they hear after two days. This

    can cause Puser errorP, which will significantly affect the outcome of your test and may

    preent your client from reaching his success criteria.

    Often a client will $e unhappy a$out a purchase and not reali'e that it is due to improper

    operation. The more compleE something is, the more training it re"uires using it

    properly. %n the interest of implementing the product "uickly, users may settle for

    incomplete training or $ecome sloppy in their application of good training. %n any case,

    look for user error wheneer a success criterion is not reached.

    PBuyerQs remorseP refers to the regret that a $uyer feels after making a purchase. %t could

    $e caused $y selectie perception, user error, or the clientQs error.

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    responsi$ility of the salesperson to assuage these fears $y assuring the client that his

    inestment is wise and sound. Reiterate some of the selling points that coninced him to

    $uy it originally, present data, and put him at ease.

    1*+*3 Ha$(&g C"!to#er Co#,(a&t!

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    Send them helpful newspaper clippings or articles, cartoons related to their $usiness and

    P*ereQs an idea % thought youQd en&oyP notes. Send your clients Christmas!/ew 7earQs

    cards, $irthday cards, and thank you notes.

    ;. 0rop $y to show them new products and $rochures and offer additional serices.

    Always make an appointment $efore making your call Respect your clientsQ time as you

    do your own.

    @. Offer a sample gift to enhance the use of your product.

    See how they are utili'ing your product or serice and suggest other ways that they can

    $enefit from it. They may not $e reali'ing its full potential.

    3. Offer Pcustomer discountsP on new products or serices to encourage additional

    $usiness.

    . . Be personal.

    Record details a$out your clientQs life and enter these in your file. %tQs so much nicer to

    say to someone, P*ow is Bo$LP rather than, P*owQs your hus$andLP

    ?. Tell the truth.

    9ies hae a way of coming $ack to haunt you.

    . Accept returns without $atting an eyelash.

    %n the long run, they are much less eEpensie than finding a new customer.

    2. Be ethical.

    ;3

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    Heep all your information a$out the account confidential.

    . Be certain that your company follows through on its commitment.

    This includes deliery, installation, packaging, and so on.

    ;. Show your appreciation for their referrals $y reporting $ack to them on the outcome.

    @. %f your company has a newsletter, o$tain permission from your successful clients to

    write a$out them in it.

    3. Heep track of their results with your product and meet periodically to reiew the

    entire picture (their $usiness, industry, trends, competition, etc.)

    . Heep the lines of communication foreer open.

    As in any relationship, you must $e a$le to eEchange grieances, ideas praises, losses,and ictories.

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    areas of product and serice performance hae the greatest impact on oerall "uality,

    and will $e a$le to target improement efforts in an informed and efficient manner. 6or

    the first time, the industry as a whole will hae addressed customer-perceied alue, as

    other sectors of the 1.S. economy hae done.

    P5oice of the systemP preliminary research results

    Sureys and in-depth interiews with industry leaders reealed general agreement that

    the market is in a tumultuous state, with pricing ery soft for all $ut the most

    catastrophic coerage. As reenue thins, eEpense concerns rise. 9eaders cite

    inefficiencies in technology and product deliery $oth within and across firms. Coupled

    with this internal change, customer demands and eEpectations for alue and serice

    continue to eole.

    The senior managers eEpressed genuine concern for customer-perceied "uality and

    alue, as well as the need to $etter understand and measure it.

    .;.> Customer Satisfaction in > Steps

    %tQs a well-known fact that no $usiness can eEist without customers. %n the $usiness of

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    8y eEperience has shown that a client finds it easier to relate to and work with someone

    theyQe actually met in person, rather than a oice on the phone or someone typing into

    an email or messenger program.

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    . Attention to 0etail (also known as QThe 9ittle /icetiesQ)

    *ae you eer receied a *appy Birthday email or card from a company you were a

    client ofL *ae you eer had a personali'ed sign-up confirmation email for a serice that

    you could tell was typed from scratchL These little niceties can $e time consuming and

    arenQt always cost effectie, $ut remem$er to do them.

    en if itQs as small as sending a *appy *olidays email to all your customers, itQs

    something. %t shows you careI it shows there are real people on the other end of that

    screen or telephoneI and most importantly, it makes the customer feel welcomed, wanted

    and alued.

    =. Anticipate 7our ClientQs /eeds :o Out Of 7our

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    P*i, you mentioned a hard-copy $rochure you were working on and % wanted to proide

    you with large-scale copies of the graphics %Qe used on the site. *opefully youQll $e a$le

    to make use of some in your $rochure.P

    >. *onor 7our +romises

    %tQs possi$le this is the most important point in this article. The simple message# when

    you promise something, delier. The most common eEample here is pro&ect deliery

    dates.

    Conclusion#

    Customer serice, like any aspect of $usiness, is a practiced art that takes time and

    effort to master. All you need to do to achiee this is to stop and switch roles with the

    customer.

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    C*A+TR-@

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    %/01STR7 +RO6%9

    CO8+A/7 +RO6%9

    %/01STR7 +RO6%9

    Retail industry largest industry, accounting for are 2N of the countrys :0+ and

    around ?N of the employment retail industry in %ndia is at the cross roads. %t has

    emerged as one of the most dynamic and fast paced industry with seeral players

    entering the market, $ut $ecause of the heay initial inestment re"uired $reak een is

    difficult to achiee and many of these players hae not tasted success so far.

    @

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    *oweer the future is promisingI the market is growing, goernment policies are

    $ecoming more faora$le and emerging technologies are facilitating operations.

    Retailing in %ndia is gradually inching its way towards $ecoming the neEt $oom industry.

    The whole concept of shopping has altered interms of format and consumer $uying

    $ehaior ushering in a reolution in shopping in %ndia.

    8odern retail has entered %ndia as seen in sprawling shopping centers, multi

    strayed malls and huge compleEes after shopping, entertainment and food all under one

    roof. The %ndian retailing sector is at an infleEion point where the growth of organi'ed

    retailing and growth in the consumption $y the %ndian population is going to take higher

    growth tra&ectory. The %ndian population is witnessing a significant change in its

    demographics.

    A large young working population with aerage age of ;3 years,

    nuclear families in ur$an areas, along with increasing working women population and

    emerging opportunities in the serices sector are going to $e the key growth driers of

    the organi'ed retail sector in %ndia.

    SO8 H7 6ACTS#

    @;

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    Retail is %ndias largest industry accounting for oer 2N of the countrys :0+ and

    around ?N of the employment.

    The market si'e of the %ndian retail industry is a$out 1S @; $illion.

    Retailing in %ndia is gradually inching its way towards $ecoming the neEt $oom industry.

    A large young working population with aerage age of ;3 years.

    @@

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    CO8+A/7 +RO6%9

    B%: BAJAAR 9O:O#

    Big

    bazaar is se sasta aur accha kahin nahi

    Type su$sidiary of pantaloon group

    6ounded ;22

    Head quarters 4ogeshwari, 8um$ai, %ndia

    %ndustry retail

    Products department stores

    +arents future group

    ebsite http#!!www.$ig$a'aar.com

    @3

    http://www.bigbazaar.com/http://www.bigbazaar.com/
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    BOAR0 O6 0%RCTORS

    8r. Hishore Biyani, 8anaging 0irector

    8r. :opikishan Biyani,

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    %((!

    Three Big Ba'aar stores launched within a span of ;; days in Holkata, Bangalore and

    *ydera$ad.

    %((%

    6ood Ba'aar, the supermarket chain is launched.

    %(('

    Central - %ndias first seamless mall is launched in Bangalore.

    %(()

    :roup moes $eyond retail, ac"uires stakes in :alaEy ntertainment, %ndus 9eague

    Clothing and +lanet Retail. Sets up %ndias first real estate inestment fund Hshiti& to

    $uild a chain of shopping malls.

    %(($

    6uture Capital *oldings, the companys financial is formed to manage oer . $illion

    in real estate, priate e"uity and retail infrastructure funds. +lans forays into retailing of

    consumer finance products. *ome Town, a home $uilding and improement products

    retail chain is launched along with Consumer dura$les format, 'one and furniture

    chain, 6urniture Ba'aar. 6uture :roup enters into &oint enture agreements to launch

    insurance products with %talian insurance ma&or, generally. 6orms &oint entures with

    1S office stationery retailer, Staples.

    %((#

    6uture :roup crosses $illion turnoer mark. Speciali'ed companies in retail media,

    logistics, %+R and $rand deelopment and retail-led technology serices $ecome

    operational. +antaloon Retail wins the %nternational Retailer of the 7ear at 1S-$ased

    /ational Retail 6ederation conention in /ew 7ork and merging Retailer of the 7ear

    @=

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    award at the

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    /ational Retail 6ederation Awards

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    %/TRO01CT%O/ TO B%: BAJAAR

    A chain of shopping malls in %ndia currently with @ outlets owned $y Hishore Biyani

    pantaloon group.

    Big $a'aar is not &ust hyper market.

    +roides the $est products at the $est price.

    Reflects the look and feel of %ndian $a'aars at their moderns outlets.

    Alloer %ndia, $ig $a'aar attracts a few thousands customers on any regular day.

    8%SS%O/ A/0 5%S%O/#

    6uture group shall delier eery thing, eery where, eery time for eery %ndian

    customer in the most profita$le manner.

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    The large and growing young working population is a preferred customer segment.

    Big $a'aar specifically targets working women and home makers who are the primary

    decision maker.

    ST107 O6 0%STR%B1T%O/ A/0 9O:%ST%CS O/ B%: BAJAAR

    Retailing in %ndia#

    The %ndian retail industry accounts for 2N of :0+ and ?N of employment.

    %ndia is $eing treated as the neEt $ig retail destination with an aerage three year

    compounded annual growth rate of 3=.=3N.

    The %ndian economy is poised to take the third position in the world in terms of

    purchasing power parity $y the year ;2.

    The %ndian retail market is a Rs. ,;22,222 million market as per the images %ndia retail

    report ;22?.

    Organi'ed retail market is 'ooming ahead with an annual growth rate of @2N.

    The country will hae oer@22 malls translating to oer 22 million s". ft in aaila$le

    malls pace $y the end of ;22?.

    0%66R/T 98/TS O6 RTA%9 8%K#

    !/8erchandise Assortment

    ;) 9ocation

    @) +rice

    3) 5isual merchandising

    RTA%9 8%K CO/T0#

    !/Store Atmosphere

    32

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    ;) Customer Serice

    @) Adertising

    3) +romotion

    ) +ersonal Selling

    %/TR/A9 ATTR%B1TS

    ) nelop

    ;) %nternal 9ayout

    @) 8ethods of 0isplay

    3) 5isual 8erchandising

    0%STR%B1T%O/#

    ) %t is one of the 3 Aspects of 8arketing.

    ;) Traditionally distri$ution has $een seen as dealing with to get the +roduct or Serice

    to the customer.

    @) %t is done $y distri$utor who is in the middleman $etween the 8anufacturer and

    retailer.

    9O:%ST%CS#

    ) %t is the Art and Science of 8anaging and Controlling the flow of :oods, nergy,

    %nformation and other Resources like +roducts, Serices and people from the source of

    +roduction to the 8arket +lace.

    ;) %ts important to hae +rofessional logistical support.

    @) The operating responsi$ility of logistics is the :eographical repositioning of raw

    materials, work in process and finished inentories where re"uired at the lowest cost

    possi$le.

    3

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    +RO8OT%O/#

    ) 9ow prices on

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    S1++97 C*A%/ 8A/A:8/T

    0istri$utor

    3@

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    S

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    Can eEpand the $usiness in smaller cities as there is a lot of opportunity.

    T*RATS

    *igh $usiness risk inoled.

    9ot of competitions comings up to top the market potential.

    8argin of $usiness reducing all the firms.

    CHPTE0N12S*S ND

    *NTE0P0ETT*ON

    3

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    The store has modern-looking e"uipment and fiEturesL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree = =N

    /either or /or = =N

    0isagree = =NStrongly 0isagree - -

    Total 22 22N

    3=

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    No.of respondents9%

    69

    16%

    6%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    *NTE0P0ETT*ON3Based on a$oe analysis % conclude that N of respondents are

    strongly agree , =N of respondents are agree, =N of respondents are neither or nor,

    =N of respondents are disagree a$out their oerall eEperience in the mall.

    ;. The store and its physical facilities (trial rooms and restrooms) are isually attractieL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree == ==N

    /either or /or ; ;N

    0isagree 3 3N

    Strongly 0isagree 3 3N

    Total 22 22N

    3>

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    No.of respondents5%

    66%

    21%

    4% 4%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    *NTE0P0ETT*ON3

    Based on a$oe analysis % conclude that N of respondents are strongly agree , ==N of

    respondents are agree, ;N of respondents are neither or nor, 3N of respondents are

    disagree and 3Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    @. The store has clean, attractie and conenient physical facilities (restrooms, fitting

    rooms)L

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree 2 2N

    Agree =? =?N

    /either or /or = =N

    0isagree 3 3N

    Strongly 0isagree ; ;N

    Total 22 22N

    3?

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    No. of respondents

    10%

    68%

    16%

    4% 2%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that 2N of respondents are strongly agree , =?N of

    respondents are agree, =N of respondents are neither or nor, 3N of respondents are

    disagree and ;Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    3. The store layout at this store makes it easier for customers to find what they needL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree = =N

    Agree > >N

    /either or /or > >N

    0isagree 3 3N

    Strongly 0isagree ; ;N

    3

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    No.of respondents

    16

    71%

    7%4%

    2%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that =N of respondents are strongly agree , >N of

    respondents are agree, >N of respondents are neither or nor, 3N of respondents are

    disagree and ;Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    . The store layout at this store makes it easier for customers to moe around in the

    storeL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree =@ =@N

    /either or /or ? ?N

    0isagree > >N

    Strongly 0isagree @ @N

    Total 22 22N

    2

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    No.of respondents

    9%

    63%

    18%

    7% 3%

    strongly Agree

    Agree

    Neither or Nor

    Disagree

    strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that N of respondents are strongly agree , =@N of

    respondents are agree, ?N of respondents are neither or nor, >N of respondents are

    disagree and @Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall

    =.

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    0isagree > >N

    Strongly 0isagree = =N

    Total 22 22N

    No.of respondents

    59%

    24%

    7% 6%

    4%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that 3N of respondents are strongly agree , N of

    respondents are agree, ;3N of respondents are neither or nor, >N of respondents are

    disagree and =Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    >. This store performs the serice right the first timeLA) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree = =N

    Agree = =N

    ;

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    /either or /or ? ?N

    0isagree 3 3N

    Strongly 0isagree @ @N

    Total 22 22N

    No.of respondents

    6

    6918

    4%3%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    *NTE0P0ETT*ON3

    Based on a$oe analysis % conclude that =N of respondents are strongly agree , =N of

    respondents are agree, ?N of respondents are neither or nor, 3N of respondent

    disagree and @Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    ?. This store has merchandise aaila$le when the customers want itL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree )Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree ; ;N

    Agree = =N

    @

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    /either or /or N

    0isagree = =N

    Strongly 0isagree ; ;N

    Total 22 22N

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that ;N of respondents are strongly agree , N of

    respondents are agree, N of respondents are neither or nor, >N of respondents are

    disagree and Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    . mployees in the Store hae the knowledge to answer customers "uestionsL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree ? ?N

    Agree 3 3N/either or /or ; ;N

    0isagree 2 2N

    Strongly 0isagree > >N

    Total 22 22N

    3

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    No.of respondents

    8%

    54%

    21%

    10%7%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that ?N of respondents are strongly agree , 3N of

    respondents are agree, ;N of respondents are neither or nor, 2N of respondents are

    disagree and >Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    2. The $ehaior of employees in this store instills confidence in customersLA) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree = =N

    Agree = =N

    /either or /or N

    0isagree @ @N

    Strongly 0isagree = =N

    Total 22 22N

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    6%

    56%

    19%

    13%6%

    No.of respondents

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that =N of respondents are strongly agree , =N of

    respondents are agree, N of respondents are neither or nor, @N of respondents are

    disagree and =Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall

    . Customers feel safe in their transactions with this storeLA) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree N

    /either or /or N

    0isagree ? ?N

    Strongly 0isagree > >N

    Total 22 22N

    =

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    11%

    55%

    19%

    8%7%

    No.of respondents

    Strongly Agree

    Agree

    Neither orNor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that N of respondents are strongly agree , N of

    respondents are agree, N of respondents are neither or nor, ?N of respondents are

    disagree and >Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    ;. The employees in this store gie prompt serice to customersL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    >

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    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree 3 3N

    Agree ? ?N/either or /or > >N

    0isagree > >N

    Strongly 0isagree 3 3N

    Total 22 22N

    No.of respondents

    14%

    58%

    17%

    7% 4%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that 3N of respondents are strongly agree , ?N of

    respondents are agree, >N of respondents are neither or nor, >N of respondent s are

    ?

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    disagree and 3Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    @. mployees in this store tell customers eEactly when serices will $e performedL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree ? ?N

    /either or /or ;; ;;N

    0isagree = =N

    Strongly 0isagree N

    Total 22 22N

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    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that N of respondents are strongly agree , ?N of

    respondents are agree, ;;N of respondents are neither or nor, =N of respondents are

    disagree and Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    3. mployees in this store are neer too $usy to respond to customers re"uestsL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree @ @N

    Agree @ @N

    /either or /or ? ?N0isagree N

    Strongly 0isagree > >N

    =2

    No.of respondents

    9%

    58%

    22%

    6% 5

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

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    Total 22 22N

    No.of respondents

    13

    53

    18

    97

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly disagree

    *NTE0P0ETT*ON3

    Based on a$oe analysis % conclude that @N of respondents are strongly agree , @N of

    respondents are agree, ?N of respondents are neither or nor, N of respondents are

    disagree and >Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall

    . This store gies customers indiidual attentionLA) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree => =>N

    /either or /or N

    0isagree = =N

    Strongly 0isagree > >N

    Total 22 22N

    =

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    No.of respondents

    9

    67%

    11%

    6% 7%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that N of respondents are strongly agree , =>N of

    respondents are agree, N of respondents are neither or nor, =N of respondents are

    disagree and >Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    =. mployees in this store are consistently courteous with customersL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree 2 2N

    Agree =; =;N

    /either or /or ; ;N

    0isagree 3 3N

    Strongly 0isagree @ @NTotal 22 22N

    =;

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    No.of respondents

    10%

    62%

    21%

    4% 3%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    %/TR+RTAT%O/#

    Based on a$oe analysis % conclude that 2N of respondents are strongly agree , =;N of

    respondents are agree, ;N of respondents are neither or nor, 3N of respondents are

    disagree and @Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    >.

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    *NTE0P0ETT*ON3

    Based on a$oe analysis % conclude that 3N of respondents are strongly agree , =N of

    respondents are agree, ?N of respondents are neither or nor, 3N of respondents are

    disagree and @Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall

    ?. mployees of this store are a$le to handle customer complaints directly and

    %mmediatelyL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree = =N/either or /or N

    0isagree > >N

    =3

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    Strongly 0isagree N

    Total 22 22N

    No.of respondents

    9%

    19%

    7% 9%

    Strongly Agree

    Agree

    Neither or Nor

    Disagree

    Strongly Disagree

    *NTE0P0ETT*ON3

    Based on a$oe analysis % conclude that N of respondents are strongly agree , =N of

    respondents are agree, N of respondents are neither or nor, >N of respondents are

    0isagree and Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    . This store offers high "uality merchandiseL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree N

    Agree 3? 3?N

    /either or /or N0isagree ? ?N

    Strongly 0isagree 2 2N

    =

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    Total 22 22N

    *NTE0P0ETT*ON3

    Based on a$oe analysis % conclude that N of respondents are strongly agree , 3?N of

    respondents are agree, N of respondents are neither or nor, ?N of respondents are

    disagree and 2Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    ;2. This store proides plenty of conenient parking for customersL

    A) Strongly AgreeB) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    ==

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    Attri$utes /um$er of

    Respondents

    +ercentage (N)

    Strongly Agree = =N

    Agree 3 3N

    /either or /or ;2 ;2N0isagree 3 3N

    Strongly 0isagree = =N

    Total 22 22N

    *NTE0P0ETT*ON3

    Based on a$oe analysis % conclude that =N of respondents are strongly agree , 3N of

    respondents are agree, ;2N of respondents are neither or nor, 3N of respondents are

    disagree and =Nof respondents are strongly disagree a$out their oerall eEperience in

    the mall.

    =>

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    CHPTE04'

    =?

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    6%/0%/:S#

    %n this study it is found that the =N of customers prefer to the store has modern-

    looking e"uipment and fiEtures.

    %n this study it is found that the ==N of customers prefer to the store and its physical

    facilities (trial rooms and restrooms) are isually attractie.

    %n this study it is found that the =?N of customers prefer to the store has clean,

    attractie and conenient physical facilities (restrooms, fitting rooms).

    %n this study it is found that the >N of customers prefer to the store layout at this store

    makes it easier for customers to find what they need.

    %n this study it is found that the =@N of customers prefer to the store layout at this store

    makes it easier for customers to moe around in the store .

    %n this study it is found that the N of customers prefer to the this store promises to do

    something (such as repairs, alterations) $y a certain time, it will do so.

    %n this study it is found that the =N of customers prefer to the this store performs the

    serice right the first time.

    %n this study it is found that the =N of customers prefer to the this store has

    merchandise aaila$le when the customers want it.

    %n this study it is found that the 3N of customers prefer to the employees in the store

    hae the knowledge to answer customers "uestions

    %n this study it is found that the =N of customers prefer to the the $ehaiour of

    employees in this store instills confidence in customers

    =

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    %n this study it is found that the N of customers prefer to the customers feel safe in

    their transactions with this store

    %n this study it is found that the ?N of customers prefer to the the employees in this store

    gie prompt serice to customers

    %n this study it is found that the ?N of customers prefer to the employees in this store

    tell customers eEactly when serices will $e performed

    %n this study it is found that the @N of customers prefer to the employees in this store

    are neer too $usy to respond to customers re"uests

    %n this study it is found that the =>N of customers prefer to the this store gies customers

    indiidual attention

    %n this study it is found that the =;N of customers prefer to the employees in this store

    are consistently courteous with customers.

    %n this study it is found that the =N of customers prefer to the when a customer has a

    pro$lem, this store shows a sincere interest in soling it

    %n this study it is found that the =N of customers prefer to the employees of this store

    are a$le to handle customer complaints directly and immediately

    %n this study it is found that the 3?N of customers prefer to the this store offers high

    "uality merchandise

    %n this study it is found that the 3N of customers prefer to the this store proides plenty

    of conenient parking for customers.

    %n this study it is found that the N of customers prefer to the this store has operating

    hours conenient to all their customers.

    >2

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    :ood security system#

    Because here each and eery indiidual will $e checking $efore getting entry into the

    store as well as going outside, en the store manager has also checking when he is

    going outside the store. The security guard told me that een if the chairman of the Big

    Ba'aar comes he will also $e checked.

    0uring the offers and discounts more num$er of people isits Big Ba'aar.

    There will more offers in Big Ba'aar on festials like 0eepawali, Ram&an, etc. the

    customer isits during these festials offer $ecause they get the goods in $ulk at less

    price.

    8ore customers isit in the eenings, and on

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    The same stock is not consistently aaila$le.

    8any customers left the purchasing $ecause the goods are not aaila$le when they

    purchased them last time.

    S1::ST%O/S#

    They should improe the "uality Of 5egeta$les fruits they proide to customers.

    The Big Ba'aar retail outlets should proide the free home deliery facility.

    The Big Ba'aar outlets should increase the no. of $illing counters in their outlets.

    The Big Ba'aar should also proide the credit facility to the lower class customers so

    that they can increase their market share.

    The Big Ba'aar should also proide the mo$ile an facility in the areas which are far

    away from the stores.

    Try to maintain consistent stock aaila$ility

    Try to create $etter incenties for the sales eEecutiesI this could $e in the form of

    $onus, increased salaries etc.

    Some nglish training for the sales eEecuties would help them to delier serices to

    nglish speaking customers.

    >;

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    8ake another one or two changing room in a store. Because there are only two

    changing room.

    +roide more in-depth information to future 8BA student trainees.

    Conclusion#

    Big $a'aar is a ma&or shopping compleE for todays customers. %t is a place where

    customers find ariety of products at a reasona$le price. Big $a'aar has a goodreputation of itself in the market. %t has positioned itself in the market as a discounted

    store. %t holds a huge customer $ase. The ma&ority of customers $elong to middle class

    family. The youth generation also likes shopping and moing around $ig $a'aar. 5olume

    sales always take place in $ig $a'aar. %mpulse $uying $ehaior of customers comes in to

    play most of the times in $ig $a'aar.

    As of now there are @3 $ig $a'aars in different cities of %ndia, it seems that there is a ast

    growth of $ig $a'aar lying as customers demand is increasing for $ig $a'aars.

    Big $a'aar is a hypermarket store where arieties of products are $eing sold on different

    product category. %t has emerged as a hu$ of shopping specially for middle class people.

    0ifferent types of products starting from a $a$y food to pi''as all are aaila$le under

    one roof. %n *ydera$ad it is the middle class people who mostly do marketing from $ig

    $a'aar. en most of the people do their monthly shopping from $ig $a'aar. +eople not

    only isit $ig $a'aar to do shopping $ut also isit for outing purpose as it proides a ery

    >@

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    nice am$ience to its customers. As people go to malls they &ust tend to moe around $ig

    $a'aar whether it is for shopping purpose or for outing purpose. The ma&or draw$ack of

    $ig $a'aar is that it lacks in proiding enough parking space for its customers. This may

    discourage the customers to come to $ig $a'aar and shop as they face difficulty in

    parking their ehicles. . As it is sureyed it seems that the $iggest competitors of $ig

    $a'aar are the kirana stores, discounted specialty stores like 5ishal mega mart,8ore

    8ega 8art Reliance Retail etc

    Duestionnaire on Customer satisfaction

    /ame# female#

    Age# Occupation#

    %ncome# 6amily si'e#

    .The store has modern-looking e"uipment and fiEturesL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    ;. The store and its physical facilities (trial rooms and restrooms) are isually

    attractieL

    >3

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    A) Strongly Agreen B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    @. The store has clean, attractie and conenient physical facilities (restrooms, fitting

    rooms)L

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    3. The store layout at this store makes it easier for customers to find what they needL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    . The store layout at this store makes it easier for customers to moe around in the

    storeL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    =. . This store performs the serice right the first timeL

    >

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    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    ?. This store has merchandise aaila$le when the customers want itL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    . mployees in the Store hae the knowledge to answer customers "uestionsL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    2. The $ehaior of employees in this store instills confidence in customersL

    A) Strongly Agree B)Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    . Customers feel safe in their transactions with this storeL

    A) Strongly Agre e B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    ;. The employees in this store gie prompt serice to customersL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    @. mployees in this store tell customers eEactly when serices will $e performedL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    >=

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    3. mployees in this store are neer too $usy to respond to customers re"uestsL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    . This store gies customers indiidual attentionL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    =. mployees in this store are consistently courteous with customersL

    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    >.

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    A) Strongly Agree B) Agree C) /either or /or

    0) 0isagree ) Strongly 0isagree

    B%B9%O:RA+*7

    >?

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    TeEt Books#

    8ARHT%/: 8A/A:8/T# +*%9%+ HOT9R

    8ARHT%/: 8A/A:8/T# Rama Swamy /ama Humari