Project Report Shopper Stop

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    “M.S.P MANDALS”

    DEOGIRI COLLEGE

    AURANGABAD

    PROJECT REPORT ON

    “To study the custome !ece!t"o# o$ the %"st

    C"t"&e# C"t"'(#) Ced"t C(d”

    %o Sho!!es Sto! Ltd

    SUBMITTED B*+

    MR. SAURAB, -ILAS ,ANDEL/AL

    MR PRABJ*OT SING, SU,B,IR SING, ,ANNA

    MISS. PALA DE-EN ASLI/AL

    GUIDED B* PRINCIPALSNE,A S,RI/ASTA-A MAJOR JAD,A- SIR  

    2014-15

    SUBMITED TO

    D. BABASA,EB AMBEDAR MARAT,/ADA UNI-ERSIT*0

    AURANGABAD.

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    INDE1

    2 2 P a g e

    Ch(!te

    No.Ch(!te N(me P(3e No.

    1 Introduction 3

    2 Industry Profile 5

    3 Company Profile 8

    4 Product Profile 10

    5 Obecti!e of "tudy 12

    # $esearc% &et%odology 14

    'i( Primary )ata 15

    'ii( "econdary )ata 15

    'iii( "ampling 15

    'i!( "cope of t%e study 1#

    '!( *imitations of t%e study 18

    + ,%eoretical ac.ground of t%e study 20

    8 )ata /nalysis and Interpretation 23

    indings 45

    10 $ecommendations 48

    11 Conclusion 51

    12 ibliograp%y 53

    /nneure 55

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    INTRODUCTION 

    $etailing consists of all t%e acti!ities in!ol!ed in selling goods and ser!ices to

    consumers for t%eir personal family or %ouse%old use It co!ers sales of goods ranging from

    automobiles to apparel and food products and ser!ices ranging from %air cutting to air tra!el

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    I,$O)6C,IO

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    and computer education "ales of goods to intermediaries 7%o resell or sales to

    manufacturers are not considered a $etail /cti!ity

    In an era of globaliation liberaliation and intense competition to gi!e a

    distinct identification to t%eir brands companies %a!e to in!est %uge amount t%at can be

    significantly reduced by effecti!e utiliation of Co-branding Co-randing is done 7%en t7o

    or more 7ell-.no7n brands are combined in an offer It is defined as t7o or more companies

    going for strategic alliance in mar.eting an offer to t%e target audience

    9no7ledge attains maturity and perfection t%roug% application in practical field

    /pplication of &anagement Principles in all branc%es 7%et%er product personnel finance

    mar.eting etc result is more efficient and effecti!e utiliation of a!ailable resources

      ,%is report %as been compiled firstly in partial fulfillment of t%e re:uirement for

    &/ secondary to s%are t%e practical .no7ledge and eperience gained as result of

    continued association 7it% company;s mar.eting branc% ,%e detail mentioned in t%ese report

    are based on real situation

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    I#dusty Po$"4e

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    I)6",$< P$OI*=

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      $etailing is defined as t%e conclusi!e set of acti!ities or steps used to sell a product

    or ser!ice to consumers for t%eir personal or family use It;s responsible for matc%ing

    indi!idual demands of t%e consumers 7it% supplies of all t%e manufacturers

    In India t%e retail sector is t%e second largest employer after agriculture ,%e retailing sector

    in India is %ig%ly fragmented and consists predominantly of small independent and o7ner-

    managed s%ops ,%ere are some 12 million retail outlets in India ,%e retail trade in India in

    2001 7as 7ort% $s 11228+ billion and it is epected to reac%

    $s10#3 billion by 2012 ,%e proportion of sales t%roug% organied retailing is estimated

    to increase to around #> by 2012

    O3(#"&ed Ret("4"#3 "# South As"(# Cou#t"es

     

    Type Of Retailing  Organized Retailing Unorganized Retailing 

    M(4(ys"( 50> 567

    Th("4(#d 40> 867

    Ph"4"!!"#es 35> 857

    I#do#es"( 25> 957South oe( 15> :57

    Ch"#( 20> :67

    I#d"( ;7

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    •  ,%ere is increase in t%e Purc%asing Po7er a!ailable 7it% t%e people

    • of t%e Indian Pop os under

    t%e age of 20-30

    • C%anging demograp%ics and industry structure

    • =panding computer tec%nology

    • =mp%asis on lo7er costs and prices

    • =mp%asis on con!enience and ser!ice

    • ocus on producti!ity

    • /dded eperimentation

      $etail industry pro!ides immense opportunities to entrepreneurs and 7or.force as

    salespeople and cler.s t%e industry also %as opportunities for people interested in

    determining 7%at goods 7ill be sold getting t%ese goods to t%e rig%t time and managing t%e

    operations finances and administration of retail companies

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    COMPAN* PRO%ILE

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    Com!(#y Po$"4e

      "%oppers "top- a c%ain of $etail "tores in India o7ned by t%e 9$a%ea Corp 7as

    started in 11 for its first store in /nd%eri &umbai Currently it operates its stores in

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    angalore ?yderabad *uc.no7 @%aiabad Aaipur )el%i C%ennai &umbai '/nd%eri

    Au%u &alad andra C%embur 9andi!ali and &ulund( Pune @urgaon and 9ol.ata

      "%oppers "top *td %as redefined retail in India ta.ing it to t%e net le!el rom being

     ust t%e sale of goods to consumers t%e company %as created a uni:ue aura around retail and

    turned it into an eperience an indulgence

      ,oday "%oppers "top is a %ouse%old name .no7n for its s%opping eperience In its

    endea!or to ma.e "%oppers "top a preferred family s%opping destination it %as come up 7it%

    a *oyalty Program in t%e form of irst Citien Program &embers%ip ,%e &ember of t%is

    *oyalty Program is entitled for t%e eclusi!e pri!ileges suc% as product pre!ie7s priority

     billing and ot%er special benefits ,%e members of t%e irst Citien Program are di!ided into

    t%ree typesB-

    1 Classic &oments

    2 "il!er =dge

    3 @olden @lo7

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    PRODUCT PRO%ILE

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    Poduct Po$"4e

    The %"st C"t"&e# C"t"'(#) Ced"t C(d

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      ,%e irst Citien program of "%oppers "top ma.es t%e s%opping at "%oppers "top more

    re7arding for its customers it indeed offers t%e ultimate s%opping eperience It;s a program

    t%at gi!es re7ard points e!ery time of s%opping also gi!es eclusi!e offers and also .eeps

    you updated 7it% t%e latest products sc%emes and offers It also pro!ides t%e facility of

    eclusi!e billing counters 7%ic% allo7s you to s%op more and not spend more time in 7aiting

    in t%e line /s a irst Citien &ember t%e members can enoy t%e !arious le!els of Classic

    &oments "il!er =dge and @olden @lo7

      ,%e irst Citien Citiban. Credit Card is India;s first co-branded card in t%e retail

    sector ,%is card %elps one to collect points e!ery time one uses t%e card to buy merc%andise

    at "%oppers "top as 7ell as all ot%er outlets /lso one gets automatic entry into t%e "%oppers

    "top loyalty programme

    ,%e card is furt%er classified as follo7sB-

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    %"st C"t"&e# C"t"'(#)

    Ced"t C(d

    @olden @lo7 "il!er =dge

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    O'>ect"=es o$ the study (e (s $o44o?s+

    12 2 P a g e

    OBJECTI-E O% T,E

    STUD*

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      RESEARC,

    MET,ODOLOG*

    Rese(ch Methodo4o3y+

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    $esearc% &et%odology is a 7ay to systematically sol!e t%e researc% problem It is t%e

    science of studying %o7 researc% is done scientifically

    or t%is proect $esearc% &et%odology used is !ery simple

    1 $esearc% )esignB - In t%is researc% eploratory researc% design is been used to

    clarify concepts and find out causes of t%e problem

    2 )ata CollectionB - or t%e purpose of ac%ie!ing t%e obecti!es of proect data

    collection is an important tas. ,%e primary data collected in t%is proect is t%roug%

    t%e :uestionnaire prepared for t%e same it% t%e %elp of t%is Duestionnaire t%e

    customers of t%e irst Citien Citiban. Credit Card 7ere inter!ie7ed

    3 "ampling )esignB - /s t%ere is no specific sampling design for t%e on-Probability

    sampling %ence no t%oroug% sampling design %as been used for t%e researc% proect

    4 "ampling ,ec%ni:ueB-,%e sampling tec%ni:ue used is t%e on-Probability Audgement

    sampling ,%is is because according to t%e sample composition of 1000 people 2#0

     people 7ere approac%ed according to t%e appointments gi!en t%em ,%e main

    c%aracteristics of udgmental sampling are t%at units or elements in t%e population are

     purposi!ely selected "ince t%e process of selection is not based on t%e random

    met%od a udgment sample is considered to be on-probability sampling

    15 2 P a g e

     SCOPE O% T,E STUD*

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    18 2 P a g e

    LIMITATIONS

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    The L"m"t(t"o#s o$ the !o>ect (e (s $o44o?s+@

    ,%e researc% 7as done only for t%e customers %olding t%e irst Citien Citiban.

    Credit Card

    • ,%e analysis done is as per t%e information gi!en by t%e customers and doesn;t

    include any personal opinions and information

    • /lso t%e researc% 7as done 7it%in t%e stipulated time ie 40 days 

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    20 2 P a g e

    T,EORETICALBACGROUND

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    Theoet"c(4 B(c)3ou#d

      *iberaliation in India %as broug%t c%anges in tec%nology :uality ser!ice 7or.

    culture and undoubtedly fierce competition Companies are t%in.ing t%at t%is as t%e golden

    opportunity to gain mind s%are and %eart s%are for 7%ic% t%ey are using !arious inno!ati!e

    tools and tec%ni:ues rands 7it% !arying dimensions of attributes benefits !alues culture

     personality and users %a!e t%e real po7er to generate 7ealt% rands 7%ic% are storing in

    t%ese dimensions command respectable positions in terms if t%e sales reputation image etc

    Ironically in today;s competiti!e scenario t%ere is a real battle of brands ,%is .eeps t%e

    mar.eters on toes to effecti!ely communicate t%e !alues t%eir brand possesses ,%ey adopt

    many tec%ni:ues for t%isE one of t%ese is t%e

    CO-$/)I@

      P%ilip 9otler defines Co-randing as Ft7o or more 7ell-.no7n brands combined

    in an offerG It is defined as t7o or more companies going for strategic alliance in mar.eting

    an offer to t%e target audience

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    Be#e$"ts o$ Co@B(#d"#3

      o7-a-days companies today are pairing t%eir brands in collaborati!e mar.eting

    effort to ac%ie!e t%e follo7ing benefitsB

    • &any line etensions capitalie on partner;s brand e:uity

    • Co-branding %elps usage etension

    • Image reinforcement may ta.e place due to co-branding

    • *oyalty programs increasingly include co-branding arrangements ,%e corporations

    are s%aring t%e cost of loyalty programsE %ence t%e promotional costs to t%e

    companies are coming do7n

      It is obser!ed t%at Co-branding can be done in !arious combinations bet7een

    national brands indi!idual brands family brands or 7it% intangible product li.e ser!ice

    ensuring synergistic effect and 7in-7in situation for companies brands and customers

      / study by t%e /merican &ar.eting /ssociation 7%ic% in!estigated consumer;s

    approac% to Co- branding %ad found out t%at among t%e target audience 7%en told t%at

    9oda. 7as introducing a ne7 digital imaging product 20 > of respondents said t%at t%ey

    7ere li.ely to buy t%e product same 7as t%e percentage 7%en "ony %ad introduced t%e idea

    ut 7%en t%e product 7as being ointly produced by 9oda. and "ony t%e figure rose to 80>

      In an era of globaliation liberaliation and intense competition to gi!e a

    distinct identification to t%eir brands companies %a!e to in!est %uge amount t%at can be

    significantly reduced by effecti!e utiliation of Co-branding

    22 2 P a g e

    DATA ANAL*SIS

    AND

    INTERPRETATION

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    D(t( A#(4ys"s (#d I#te!et(t"o#

    23 2 P a g e

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    T('4e No+

    S0No P((metes No. o$ Customes Pece#t(3e

    1 On riendsH$elati!es "uggestion + 2

    2 Citiban. offered t%e Card 10# 41

    3 Online /pplication 0 0

    4

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    T('4e No+ @;

    C4(ss"$"c(t"o# No.o$ Customes

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    T('4e No+ @

    Be#e$"ts No. o$ Customes

    1 248

    2 20#

    3 251

    4 24#

    5 30

    # 250

    + 158

    8 38

    44

    10 223

    11 8+12 101

    13 252

    14 224

    G(!h No+ @

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e diagram it can be seen t%at t%e follo7ing benefits are considered as aiding in

    t%e s%oppingB-

    • Offers pro!ided at "%oppers "top

    2# 2 P a g e

      ,o? m(#y o$ the 'e#e$"ts ("d the customes

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    • =clusi!e billing counters

    • =tra re7ard points at "%oppers "top

    • $egular communication on offers sc%emes and discounts

    •=clusi!e s%opping festi!als

    • $edemption of re7ard points

    /lso from t%e abo!e diagram it can be seen t%at t%e follo7ing benefits 7ere found to be

    unaided in t%e s%opping for t%e customersB-

    • ,%e =mi sc%emes

    • etter interest on outstanding

    • Con!enient payment of t%e Card

    • Offers on restaurants grocery outlets

    • On-*ine ill Payment

     

    2+ 2 P a g e

    ,%e aided benefits 7ere rated as follo7s by t%e customers

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    T('4e No+ @

    R(#)s No. o$ Customes

    1 2 12

    3 #0

    4 5+

    5 122

    G(!h No+@

    '"ourceB-"ur!ey(

    I#te!et(t"o#+

    ,%e abo!e diagram s%o7s t%at t%e offers pro!ided by "%oppers "top %elp t%e customers a lot

    in t%eir s%opping as most of t%e customers %a!e rated 5 for t%e benefit

    28 2 P a g e

    O$$es !o="ded (t Sho!!es Sto!

    =clusi!e illing Counters

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    T('4e No+@5

    R(#)s No. o$ Customes

    1 2#

    2 11

    3 1#

    4 #8

    5 13

    G(!h No+ @ 5

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    ,%e abo!e diagram s%o7s t%at t%e =clusi!e illing Counters pro!ided by "%oppers "top for 

    t%e payment of t%eir bills %elp t%e customers a lot in t%eir s%opping as most of t%e customers

    %a!e rated 5 for t%e benefit

    2 2 P a g e

    =tra $e7ard Points

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    T('4e No+ @ 8

    R(#)s No. o$ Customes

    1

    2 11

    3 44 4#

    5 100

    G(!h No+ @ 8

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    ,%e abo!e diagram s%o7s t%at t%e =tra $e7ard at "%oppers "top for t%e payment of t%eir

     bills %elp t%e customers a lot in t%eir s%opping as most of t%e customers %a!e rated 5 for t%e

     benefit

    30 2 P a g e

    Re3u4( commu#"c(t"o# o# O$$es0 Schemes (#d D"scou#ts

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    T('4e No+ @ 9

    R(#)s No. o$ Customes

    1 #

    2 13

    3 1224 48

    5 +1

    G(!h No+ @ 9

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    ,%e abo!e diagram s%o7s t%at t%e $egular communication done %elps t%e customers in t%eir

    s%opping but t%e customers 7ant t%at t%e communication s%ould be done :uite early before

    t%e offers or t%e specific starts so t%at customers can ta.e t%e benefits of t%e offers

    31 2 P a g e

    Ec4us"=e Sho!!"#3 $est"=(4s

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    T('4e No+ @ :

    R(#)s No. o$ Customes

    1 12

    2 18

    3 3#

    4 5

    5 4

    G(!h No+ @ :

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    ,%e abo!e diagram s%o7s t%at t%e =clusi!e "%opping esti!als pro!ided by "%oppers "top

    add up to t%e s%opping benefits of t%e customers

    32 2 P a g e

    Redem!t"o# o$ e?(d !o"#ts

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    T('4e No+ @ <

    R(#)s No. o$ Customes

    1 5

    2 22

    3 32

    4 8

    5 112G(!h No+ @ <

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    ,%e re7ard points %elp t%e customers in s%oppingE it %elps t%em at t%e time of payment of t%e

     bills t%is can be seen as 7 of t%e customers %a!e rated 5 for t%e benefit

    33 2 P a g e

    The U#("ded Be#e$"ts ?ee (ted (s $o44o?s

    The EMI Schemes

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    T('4e No+ @ 6

    R(#)s No. o$ Customes1 18+

    2 22

    3 34

    4 5

    5 12

    Tot(4 ;86

    G(!h No+ @ 6

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e c%art it is found t%at 97 ie

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    G(!h No+ @

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e c%art it is found t%at 5

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    T('4e No+@;

    G(!h No+ @ ;

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e c%art it is found t%at 8;7 ie 8 customers %a!e rated  for t%e Offers on

    $estaurants @rocery etc and only ;7 ie 5 customers %a!e rated 5 for t%e benefit

    3# 2 P a g e

    R(#)s No. o$ Customes

    1 1#2

    2 45

    3 3+

    4

    5 +Tot(4 ;86

    O#4"#e B"44 P(yme#t

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    T('4e No+@

    R(#)s No. o$ Customes

    1 11+

    2 5

    3 38

    4 285 18

    Tot(4 ;86

    G(!h No+@

     '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e c%art it is found t%at t%e 87 ".e. < customers %a!e rated  for t%e benefit

    and only 97 ".e. : customers %a!e rated 5 for t%e benefit

    3+ 2 P a g e

    Moe Be#e$"ts #eeded "# the c(d

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    T('4e No+@

    S.No Be#e$"ts Out o$ ;86 Pece#t(3e

    1 &ore $e7ard points 13+ 53

    2 )rop o facilities 11# 45

    3 Cas% bac. Offer 1#2 #24 onus Points offer 138 53

    5 Offers in @roceryetc +0 2+

    # ree @ifts 85 33

    + =c%ange days 8+ 33

    8 @ift !ouc%ers 184 +1

    Payment Online 14 5

    G(!h No+@

    '"ourceB "ur!ey(

    38 2 P a g e

    /hee e4se do the customes Sho!

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    T('4e No+ @ 5

    S.No Sho!!"#3 M(44s No. o$ Customes Pece#t(3e

    1 Pantaloons #8 2#

    2 ig aaar #2 24

    3 @lobus 23 4 ood aaar 2 11

    5 estside 13 5

    # Pro!ogue 1# #

    + *ifestyle 4 1

    Ot%ers 0 0

    Tot(4 ;86 66

    G(!h No+ @ 5

    '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e c%art t%e follo7ing can be interpretedB-

    &aor s%opping is done by t%e customers in P(#t(4oo#s F;87 B"3 B(&(( F;70

    and L"$esty4e F

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    Com!et"tos 7 No.o$ customes

    B"3 B(&(( C(d 3# 4

    L"$esty4e SBI C(d 24 #2

    P(#t(4oo#s 18 4

    @lobus 1 50

    estside 3 5

    ,otal 100 2#0

    G(!h No+ @ 8

    '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e table it is found t%at 87 of t%e customers %old t%e ig aaar card

    follo7ed by t%e *ifestyle-"I '24>( and Pantaloons '4>(

    T('4e No+@9

    Ced"t C(ds 7(3e No.o$ Customes

    ICICI-Platinum 3 8

    ICICI@Go4d 31 81

    40 2 P a g e

    Nom(4 Ced"t C(ds used "# Sho!!"#3

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    ICICI-"il!er 2 5

    "tan C-

    Platinum

    2 5

    "tan C-@old 3 8

    "tan C-Classic 8 21

    ,D%C@Go4d 21 55

    ?)C-"il!er 2 5

    ?"C-@old 8 21

    ?"C-"il!er 3 8

    SBI@Go4d 14 3#

    "I-"il!er 3 8

    Tot(4 66 ;86

    G(!h No+@9

    41 2 P a g e

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     '"ourceB "ur!ey(

    I#te!et(t"o#+@

      ,%e abo!e table s%o7s t%at maority of t%e customers %old t%e ICICI@Go4d Ced"t

    C(d F7 it is follo7ed by t%e ,D%C@Go4d F;7 and also SBI H Go4d F7. 

    T('4e No+@:

    S.No Re(so#s Out o$ ;86

    1 etter $e7ard Points rom Ot%er Cards 100

    2 etter Offers and promotions by ot%ers 1#0

    3 etter ill Payment acilities 3+

    4 etter Customer "er!ices

    5 ?abituated ,o7ards a specific card 21+

    # Prefer using )ebit card

    + Prefer payment by cas% 180

    8 Ot%ers 5

    G(!h No+@:

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    Re(so#s $o us"#3 othe c(ds

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    '"ourceB "ur!ey(

    I#te!et(t"o#+

    rom t%e abo!e grap% t%e follo7ing is been foundB-

    1 Out of 2#0 customers ;9 customers are %abituated for using a specific card

    2 Out of 2#0 customers 86 customers+ get better offers and promotion from ot%er

    cards

    3 Out of 2#0 customers :6 customers prefer payment by cas%

    G(!h No+ @ <

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    A##u(4 E!e#ses

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      1-5> 2-10> 3-15> 4-20> 5-25> #-30> +-35> 8-40> -50>

    I#te!et(t"o#+

    rom t%e abo!e bar diagram t%e follo7ing is found about t%e ependiture of t%e customersB-

    85 customes spend ;67 of t%eir annual income on t%e gi!en list of epenses

    customes spend ;57 of t%eir annual income on t%e gi!en list of epenses

    9 customes spend 67 of t%eir annual epenses on t%e gi!en list of epenses

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    %INDINGS

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    3 Out of all t%e benefits pro!ided by t%e card t%e benefits li.e t%e $egular

    Communication on offers sc%emes and discounts =clusi!e illing counters

    $edemption of re7ard points Offers pro!ided at "%oppers "top 7ere found to

     be useful to t%e customers

    4 ,%e benefits li.e t%e =&I "c%emes Con!enient payment options of t%e card

    Offers on restaurants grocery outlets On-*ine ill Payment 7ere found to be

    of !ery less use to t%e customers

    5 Customers need more benefits li.e t%e )rop o acilities Cas% ac. Offers

    /lso t%ey prefer t%e @ift !ouc%ers t%an free gifts as t%ey do get t%e con!enience

    from t%e gift !ouc%ers

    # 2#> of t%e customers s%op at Pantaloons follo7ed by ig aaar '24>(

    *ifestyle '1>( and also ood aaar '11>(

    + 3#> of t%e customers %old t%e ig aaar Card follo7ed by t%e *ifestyle "I

    Card '24>( and also t%e Pantaloons card '18>(

    8 In regard to t%e normal credit cards customers use t%e ICICI @old credit card

    '31>( follo7ed by t%e ?)C @old '21>( and "I card '14>(

    ollo7ing are t%e maor reasons for using t%e ot%er credit cardsB-

    • ?abituated to7ards t%e usage of a specific card

    • etter offers and promotions from ot%er cards

    • /lso customers prefer payment by cas%

    10 Out of 2#0 customers 182 are in t%e group 7%o spend bet7een 20-30> of t%eir annual income in s%opping

    11 &aority of t%e customers are %olding t%e accounts 7it% ICICI ?)C and also

    "I so t%ey prefer to use t%e cards lin.ed 7it% t%ose ban.s

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    Recomme#d(t"o#s

      ,%e .ey areas 7%ere impro!ement needs to be made areB-

    1 ollo7ing benefits are to be added to t%e cardB-

    •&ore $e7ard Points

    • )rop o acilities for C%e:ue payment at "%oppers "top

    • Cas% ac. Offers

    • onus Points Offers

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    • @ift ouc%ers as t%ey are more preferred by t%e customers o!er t%e ree

    @ifts

    2 ,%e communication done by "%oppers "top in regards of !arious offers and

     promotions sc%emes etc s%ould be done 7ell in ad!ance so t%at t%e customers can

    a!ail t%e benefits

    3 ,%e payment options pro!ided by t%e card needs to be impro!ed ,%e customers need

    an interest free payment option 7%ile at t%e time of payment of t%e bills t%roug%

    cas%

    4 Only 40> of t%e customers 7ere a7are of t%e benefits offered by t%e card "o an

    effecti!e strategy is to be designed so t%at t%ey are made a7are of benefits of t%e

    card ,%e customers s%ould be s%o7n a comparison bet7een t%e benefits pro!ided by

    "%oppers "top and ot%er stores

    5 Cas% bac. promotion offer s%ould be floated on regular basis

    # ,%e specific issues mentioned belo7 s%ould be sol!ed by "%oppers "top urgently so

    t%at t%e customers can start using t%e card at t%e earliest ,%e specific issues are as

    follo7sB-

    • ,%e communication s%ould be done a bit early and on a regular basis

    • "ome customers find t%e "&" gi!en by t%e Citiban. in regards of payment

    !ery confusing and are also sent !ery late

    • %ile at t%e time of payment of t%e bills t%roug% cas% t%ere %as been interest

    c%arged

    • rong name is printed on t%e card due to 7%ic% t%e card is useless ,%is

    issue is not been sol!ed for t%e last si mont%s

    • "ol!e t%e ser!ice issues as soon as possible

    • &any of t%e customers %a!en;t recei!ed t%e upgraded card due to 7%ic% not

    using t%e same

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    • ig aaar Card gi!es more benefits and better offers and promotionsE

    "%oppers "top needs to be come out 7it% better offers

    • illing Counters ta.e a lot of time for t%e redemption of t%e points 7%ic%

    ma.es t%e usage of t%e ot%er cards

    • &any of t%e customers %a!en;t recei!ed t%e upgraded card due to 7%ic% not

    using t%e same

    • ,%e first citien des.s ta.e a lot of time for t%e @ift ouc%ers and also on

     payment %ence usage of ot%er credit card is preferred

    50 2 P a g e

    CONCLUSION

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    Co#c4us"o#

     ,%us from t%e inter!ie7s conducted 7e can see t%at t%e maority of t%e customers aren;t

    a7are of t%e benefits of t%e card and t%ose 7%o .no7 t%e benefits are not satisfied 7it% many

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    of t%e benefits of t%e card /lso customers are in need of better benefits to be added to t%e

    card

    "%oppers "top s%ould de!elop strategies for t%e customers s%ould be informed about

    t%e benefits of t%e card "%oppers "top needs to add t%e benefits as needed by t%e customers

    so t%at t%e usage of t%e card can be increased ,%e customer ser!ice s%ould be made effecti!e

    leading to t%e effecti!e sol!ing of t%e customer issues leading to t%e increase in t%e usage of

    t%e card

    52 2 P a g e

    BIBLIOGRAP,*

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    1 Indian Aournal of mar.etingHCo-branding

    2 $etailer &againe

     

    /e's"tes ="s"ted+

    1 777s%oppersstopcom

    2 777googlecom 

    3 777rediffmailcom

    54 2 P a g e

    ANNE1URE

    http://www.shoppersstop.com/http://www.google.com/http://www.shoppersstop.com/http://www.google.com/

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    uest"o##("e

    First Citien Citiban. Credit CardG

    55 2 P a g e

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    ,%e purpose of t%is sur!ey is to %elp "%oppers "top to impro!e its offerings to t%e members

    using t%e First Citien Citiban. Credit CardG

    9indly tic. on t%e options and also gi!e your opinions 7%ere needed

    1 ?o7 did you get t%e First Citien Citiban. Credit CardGJ

    • On your friends;H$elati!es; suggestion

    • Citiban. offered you t%e card

    • Online /pplication

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    "ro enefits /ided 6naided

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    1 Offers pro!ided at "%oppers "top

    2 Par.ing benefits at "%oppers "top

    3 =clusi!e billing counters at "%oppers "top

    4 =tra re7ard points at "%oppers "top

    5 ,%e =&I "c%emes

    # $egular communication on Offers "c%emes and

    )iscounts

    + 0> uel "urc%arge

    8 etter interest on out standings

    Con!enient payment options of t%e Credit Cardills

    10 =clusi!e s%opping festi!als li.e PO*IC=7atc%es )amas diamondAe7elleryetc

    11 Offers on restaurants grocery outletsetc

    12 On-*ine ill Payment

    13 $edemption of re7ard points

    14 =tra points 7%en you buy from in %ouse brands

    'li.e ",OP9as%is%(

    4 On a scale of 1 to 5 rate t%e benefits of t%e First Citien Citiban. Credit CardG in

    order of t%eir of importance in your s%opping 7%ere 1- least important

    K 5- !ery important

    58 2 P a g e

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    • ood aaar 

    • estside

    • Pro!ogue

    • *ifestyle

    • Ot%ers if any .indly "pecifyLLLLLLLLLLLLLLLL

    + )o you %old cards gi!en by any of t%ese "toresJ

    LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

    LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

    8 %ic% ot%er Credit Cards 'normal( do you %oldJ /lso specify t%e le!el in 7%ic% t%e

    card is currently',itanium Platinum @old /me(

    LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

    %ic% card do you use for most your re:uirementsJLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

    LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

    10 %ic% are t%e options t%at ma.e you use t%e ot%er credit cards or ot%er payment

    modesJ

    • etter $e7ard Points from ot%er cards

    • etter offers and promotions gi!en by ot%er cards

    • etter ill Payment acilities 'L@race period etc(

    • etter Customer "er!ices of ot%er Credit Cards

    • ?abituated to7ards a specific card

    • Prefer using )ebit cards o!er credit cards

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    • Prefer payment by cas%

    • Ot%ers If any .indly specifyLLLLLLLLLLLLLLL

    11 ?o7 muc% percentage of your mont%ly salary do you spend on t%e follo7ingoptionsJ /nnually

    • Ae7elleryL

    • /pparelsL

    • @roceryL

    • ,ra!elHoo.ing /ir tic.etsL

    • $estaurantsL

    • PetrolL

    • /ccessories li.e perfumes cosmetics belts s%oes bags etc L

    12 /ny specific issue 7%ic% needs to be analyed by "%oppers "topJ

    LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

    LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

    ,%an.

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