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A
Project Report
ON
“A STUDY ON CONSUMER ATTITUDE TOWARDS
SHOPPING MALLS”
At
UDAIPUR
IN THE PARTIAL FULFILMENT OF THE TWO
YEAR FULL TIME MBA PROGRAMME
2011-2013
Submitted By: - Submitted To:
Vaibhav singh dodiya Dr.sunita agrawal
M.B.A 4THSem
Advent Institute of Management Studies, Udaipur (Raj
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CERTIFICATE
This is to certify that Mr. vaibhav singh dodiya has completed his project
report title “consumer attitude towards shopping in malls” under my
supervision. To the best of my knowledge and belief this is his original work
and this, wholly or partially, has not been submitted for any degree of this
or any other University.
Date:
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PREFACE
The retailing sector in India have undergone significant transformation in the past 10
years. The retail business, in India, is estimated to grow at the rate of 13 per cent per
annum to US$ 620 billion in 2012-13. The unorganized retail sector is expected to grow
at the rate of 10 per cent per annum to US$ 516 billion in 2012-13. Organized retail
which now constitutes a small three to four per cent of retail sector is likely to grow at
45-50 per cent per annum and quadruple its share of total retail trade to 16 per cent by
2014-15.
For the current generation of consumers, the meaning of shopping has changed. It is
not just a mere necessity, as it was earlier, but much more than that. The factors that
affect store choice and draw customers to the shopping centre include space,
ambience, and convenience and moreover an array of choice under one roof. The
growth of integrated shopping malls, retail chains and multi-brand outlets is evidence of
consumer behaviour being favourable to the growing organized segment of the
business. Space, ambience and convenience are beginning to play an important role in
drawing customers. Decision making is more complex and even more important for
consumers today.
Indian retail culture changing from small kirana shops to malls and hypermarkets where
the customer finds himself in a spot. The attitude of customers is also gradually
changing towards organized market segments mainly due to increased income levels,
strong economy, changing life styles and shopping habits of customers. As the
unorganized retailers are the small retailers, having no capacity to face the competition
offered by the high capacity organized retailers, the gap between the two is widening
and forcing the former under financial crisis and threat to the existence.
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ACKNOWLEDGEMENT
I express my sincere thanks to my project guide, Dr. Sunita Agrawal
Professor ‘Advent Institute of Management Studies, for guiding me right
from the inception till the successful completion of the project. I sincerely
acknowledge her for extending their valuable guidance, support for
literature, critical reviews of project and the report and above all the moral
support she had provided to me with all stages of this project.
(Signature of Student)
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SUMMARY
The retail industry in India is emerging as a one of the largest industries estimated to
account for more than 10 per cent of the country’s GDP and around 8 per cent of the
employment. Its highly dynamic and fast growing nature has put India on the threshold
of a major shake-up to become the next retail boom area. Despite global slow-down and
economic recession faced by most of the established as well as developing countries
Indian economy has weathered the storm showing a fast track come back on the pre-
recession stage. Retail industry is divided into unorganized and organized sectors. In
India, unorganized retailing has been predominantly in the form of local Kirana shops
also called Mom-n-Pop stores, owner/ manned general stores, paan/beedi shops,
convenience stores, hand cart and pavement vendors, etc. Organized retailing on the
other hand refers to licensed retailers, who are registered for sales tax, income tax, etc.
including corporate-backed hypermarkets and retail chains besides the privately owned
large retail businesses. The retail sector is expanding and modernizing rapidly in line
with India’s economic growth and recent Government of India’s initiatives.
The changes in the consumer behavior, is bringing about change in retail industry, as
India migrates from the unorganized to organized retail. Income, technology and life
styles of consumers are changing, even from whom they buy are changing. The location
or the place where they buy is changing; the shops are opened closed according to the
convenience of the buyers. The buying process has changed due to Internet buying,
which brings new and better deals and also saves time. Population growth rate,
increasing literacy rate and increasing family income has an effect on consumer
spending. Changing social attitudes towards work, home and leisure affect the retail
strategies. Political decisions relating to the environment, shopping locations and fair
trade affect, where and how retailers can trade. Changes in technology bring new
attitudes to buying products and services and to better organization of the supply chain.
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Chapter
No.
Name Page No.
1. Introduction
2. Retail industry in india
3. Concept of mall
4.