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EXECUTIVE SUMMARY
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EXECUTIVE SUMMARY
The project report on Customer Satisfication Study Among Shoppers At Big Bazzar
Outlet In Puneis the key task to fulfilment requirement of my MBA program.
In todays scenario apart from attracting new customer it is also important to retain
existing ones. Effort are taken not only simply to satisfy customer but to please him
without having interaction with customer for industry it is different to know what exactly
they want.
This report is concerned with "Customers Satisfaction Survey". The study was
conducted by Research Methodology with specificquestionnaire was prepared and
survey was conducted.This report isprepared by me and suggestions of some very
experienced and intellectual persons.
Location - : The Nielsen Company, Pune
Duration : 2 months
Thus the survey would help company to find out the reasons and factors which are
leading to dissatisfaction among respondent and what the customer perception in turn
affecting on business with them and take corrective action
The Main Objectives were to study about the customer satisfaction at big bazzar
and another is to find out the problems and provide information to the company about
the product and service.
The. Nielsen Company which is pioneer in the field of marketing research undertook this
project to study the customer satisfaction and buying behaviour at big bazzar retail
outlet.
Organized retail is definitely a sunrise sector in India but to say that it is a sunrise
sector for entrepreneurship would be wrong. Entrepreneurship is required in those fields
in which an individual can go in with small capital and his expertise and go on to create
a company which usually yields returns of the order of 10 xs or more. and market share
of organize retail outlet India is near about 4 to 5% out of total retail industry . The
natural barriers to enter into organized retail are so large that it would not be wise for
and an entrepreneur to jump into it and think that he will be able to compete with the
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likes of future group ,Reliance, Bharti, Wal-Mart etc. Also, organized retail is
something which tests your operational and logistics skill rather than entrepreneurship
abilities.
Though organized retail is in practice around the globe for many decades now, its only
now that it is making an entry into India in a big way. The reasons for this are many
.With a booming economy and burgeoning middle class the shopping habits of Indians
are changing fast. Malls and multiplexes and making headway into tier II and tier III
cities also after mushrooming in the metros. Also the fact that organized retail accounts
around 5% of retail sales in India theres a huge untapped potential. So much so that
every conglomerate wants a piece of the pie.
No wonder that every business house from Birlas to Ambanis is busy chalking out their
retail plans. Though it will be too early for them to start counting their chickens as the
government policy is still hazy and huge amount of expertise is required to run a pan-
India retail network. There is scarce managerial talent in retail business and salaries areal
ready skyrocketing.
Sample Respondents: are collected at Sinhgard Road, Satara Road, Kothrud, And
Hadpsar Big Bazaar Outlet in puneThis survey would help the company to know the dissatisfaction level of customer and
how to improve and change this dissatisfaction to satisfaction.
The secondary data collected from office like address of retails outlets(malls) and the
primary data are collected from questionnaire by direct survey of the respondent like
service ambience variety, quality of Products.
In questionnaire most of the question is open and close ended. After seeing all
observation and finding were helpful in preparing conclusion and suggestion for
improvement.
All the relevant chart, graphics and analysis of survey have been put in the project to
make it more understandable and meaningful.
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OBJECTIVE & SCOPE
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OBJECTIVE
Primary:
To study satisfaction level of customer on shopping experience at big bazzar To find out the buying behaviour of the customers coming to big bazaar
Secondary;
To determine the customer preference for shopping at of big bazzar To find out customer response towards service offered at big bazzar To study brand positioning about big bazzar To study about the future prospect of big bazzar To study about product assortment at big bazzar
Scope:
It will extend to the actual field study of pune city
It will give information to prospective consumers. Help us gain independent knowledge about the consumer Perception.
The study can help the companies get additional research information.
It facilitates evaluation of brand name and customer satisfaction. The project was carried out with an sample size of 100
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COMPANY PROFILE
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INDUSTRY OVERVIEW
Organized retail is definitely a sunrise sector in India but to say that it is a sunrise sector
for entrepreneurship would be wrong. Entrepreneurship is required in those fields in
which an individual can go in with small capital and his expertise and go on to create a
company which usually yields returns of the order of 10 xs or more.
The natural barriers to enterinto organized retail are so large that it would not be wise
for and an entrepreneur to jump into it and think that he will be able to compete with the
likes of future group ,Reliance, Bharti, Wal-Mart etc. Also, organized retail is
something which tests your operational and logistics skill rather than entrepreneurship
abilities.
Though organized retail is in practice around the globe for many decades now, its only
now that it is making an entry into India in a big way. The reasons for this are many
.With a booming economy and burgeoning middle class the shopping habits of Indians
are changing fast. Malls and multiplexes and making headway into tier II and tier III
cities also after mushrooming in the metros. Also the fact that organized retail accounts
around 5% of retail sales in India theres a huge untapped potential. So much so that
every conglomerate wants a piece of the pie.
No wonder that every business house from Birlas to Ambanis is busy chalking out their
retail plans. Though it will be too early for them to start counting their chickens as the
government policy is still hazy and huge amount of expertise is required to run a pan-
India retail network. There is scarce managerial talent in retail business and salaries areal
ready skyrocketing.
The government is still in process of studying the effect of organized retail on mom-n-
pop stores and the economy as a whole. There is huge pressure on government from
foreign multinationals to allow FDI in retail. Of course local giants are keen to put their
plans in place before foreign players are allowed to move in. The bleak chances of FDI
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in retail have forced foreign retail giants to look for local partners. Bharti has joined
hands with Wal-Mart after failed talks with UK giant Tesco. Shoppers stop has inked a
deal with UKs Home Retail group to develop Argos retail stores. Bombay Dyeing has
tied up with Frances Aachen . Local retailers who already have a huge presence in
India includeFuture Group (former Pantaloons), Subhiksha, Shoppers Stop, RPG group.
While Reliance retail, Tata, Bharti and Aditya Birla group are soon to start rolling out
their retail plans.
the most bullish of them all is Reliance with plans to invest Rs. 25,000 crore in its
retailventure. With MukeshAmbani in driving seat theres little doubt that reliance
willchange how Indians shop. His plans include selling everything from vegetables to
cars
under one roof and even deploying cargo planes to make sure that you get fruits and
vegetables farm-fresh. Reliance has already opened 50 Reliance Fresh stores with the
every first in Hyderabad. Reliance and Bharti also have plans to set up Micro Finance
Institutions along with their retail chains. While Bharti will also offer telecom services in
its retail stores.
As a result of hyper growth plans and rushed hiring, most retail ventures are strugglingtokeep pace. A massive churn is already taking place in retail space while real estate
pricesin prime locations are going over the roof. Most retail ventures are going in for
mixedstrategy when acquiring retail space. Some are just buying the land and then
buildingtheir stores while others are buying finished commercial space or just renting
it.When there is a huge competition in market its always a win-win for consumers.
Theycan expect better services from mom-n-pop stores and great bargains at their local
mall.After all, its all about the customers. To keep the prices low the retailers are
doingeverything from buying cargo planes to sourcing fruits and vegetables directly
fromfarmers. Also the retail stores promise to give the consumers more choices and a
better shopping experience.
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With the economy growing at 10%, nobody is complaining about the money being put
inbehind these retail ventures. Though, initially there will be a few surprises and a few
newlessons learnt the long term story looks promising
RETAIL IN INDIA
India is one of the largest emerging markets, with a population of over one billion.
India is one of the largest economies in the world in terms of purchasing power
and has a strong middle class base of 300 million.
Around 70 per cent of the total households in India reside in the rural areas, where
mostly traditional retail outlets, commonly called kirana stores exist. Theseare
unorganized, operated by single person and runs on the basis of consumerfamiliarity
with the owner. However, recently organized retailing has becomemore popular in big
cities in India and most of the metropolitan cities and otherbig cities are flooded by
modern organized retail stores. Many semi-urban areasalso witnesses entry of such
organized retail outlets. Till now, entry of foreignretailers was restricted in Indian retail
market because of the ban on ForeignDirect Investment in Indian Retail Sector. But
recently, as government haschanged its policy and the cabinet has allowed 51 per cent
FDI in single-brandretail, the prospects of foreign players entering India became high.
A nation of shop keepers and organized retail which has just made an entry has a very
small share estimated between 2-4% of total retail in the country. The entryof major
retailers in the country has raised passions among the politicians, policymakers and
smaller retailers that the presence of bigger organized retailerswould lead to the
elimination of the smaller shop keepers leading to a large scaleproblem of
unemployment and maybe even social prorogram.
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RETAIL TREND IN INDIA
Globally, retail is the largest private industry. However, in India, it is in its
nascent stages. The total retail market is estimated at Rs 900,000 Crores. Organized
retail at around 5% is estimated at Rs 28,000 Crores. The organized retail share as per
the estimates made by most consultants is estimated to reach a level of 10% by 2010. In
absolute terms this would
Retailing in India is gradually inching its way to becoming the next boom industry. The
whole concept of shopping has altered in terms of format and consumer buying
behavior, ushering in a revolution in shopping. Modern retail has entered India as seen in
sprawling shopping centers,
Graph no: - 1.1 Growth of Indian Retail Market
Multi-storied malls and huge complexes offer shopping, entertainment and food allunder one roof. India represents an economic opportunity on a massive scale, both as a
global base and as a domestic market. Indian Retail sector consists of small family-
owned stores, located in residential areas, with a shop floor of less than 500 square feet.
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Retailing in India is at a nascent stage of is evolution, but within a small period of time
certain trends are clearly emerging which are in line with the global experiences.
Organized retailing is witnessing a wave of players entering the industry. These players
are experimenting with various retail formats. Yet, Indian retailing has still not been able
to come up with many successful formats that can be scaled up and applied across India.
GROWTH OF INDIAN RETAIL
According to the 8th Annual Global Retail Development Index (GRDI) of AT Kearney,
India retail industry is the most promising emerging market for investment. In 2007, the
retail trade in India had a share of 8-10% in the GDP (Gross Domestic Product) of the
country.
Retail growth in the coming five years is expected to be stronger than GDPgrowth,
driven by changing lifestyles and by strong income growth, which in turnwill be
supported by favorable demographic patterns and the extent to which organized retailers
succeed in reaching lower down the income scale to reachpotential consumers towards
the bottom of the consumer pyramid. Growingconsumer credit will also help in boosting
consumer demand.
RETAIL FORMATS IN INDIA
Hypermarts/supermarkets: large self-servicing outlets offering products from a variety of
categories.
Mom-and-pop stores: they are family owned business catering to small sections; theyare individually handled retail outlets and have a personal touch.
Departmental stores: are general retail merchandisers offering quality products andservices.
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Convenience stores: are located in residential areas with slightly higher prices goods dueto the convenience offered.
Shopping malls: the biggest form of retail in India, malls offers customers a mix of alltypes of products and services including entertainment and food under a single roof.
E-trailers: are retailers providing online buying and selling of products and services. Discount stores: these are factory outlets that give discount on the MRP. Vending: it is a relatively new entry, in the retail sector. Here beverages, snacks and
other small items can be bought via vending machine.
Category killers: small specialty stores that offer a variety of categories. They areknown as category killers as they focus on specific categories, such as electronics and
sporting goods. This is also known as Multi Brand Outlets or MBO's.
Specialty stores: are retail chains dealing in specific categories and provide deepassortment. Mumbai's Crossword Book Store and RPG's Music World is a couple of
examples.
FUTURE OF RETAIL IN INDIA
The retail industry in India is currently growing at a great pace and is expected to go up
to US$ 833 billion by the year 2013. It is further expected to reach US$ 1.3 trillion by
the year 2018 at a CAGR of 10%. As the country has got a high growth rates, the
consumer spending has also gone up and is also expected to go up further in the future.
In the last four year, the consumer spending in India climbed up to 75%. As a result, the
India retail industry is expected to grow further in the future days. By the year 2013, the
organized sector is also expected to grow at a CAGR of40%.
The structure of retailing will also develop rapidly. Shopping malls are
becomingincreasingly common in large cities, and announced development plansprojectat least 150 new shopping malls by 2008. The number of department stores
isgrowing much faster than overall retail, at an annual 24%. Supermarkets havebeen
taking an increasing share of general food and grocery trade over the last 2decades.
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However, Distribution continues to improve, but it still remains a major
inefficiency. Poor quality of infrastructure, coupled with poor quality of the
distribution sector, results in logistics costs that are very high as a proportion of
GDP, and inventories, which have to be maintained at an unusually high level.
Distribution and marketing is a huge cost in Indian consumer markets. Its a lot
easier to cut manufacturing costs than it is to cut distribution and marketing
costs.
Also, government has relaxed regulatory controls on foreign direct investment
(FDI) considerably in recent years, while retailing currently remains closed to
FDI. However, the Indian government has indicated in 2005 that liberalization of
direct investment in retailing is under active consideration. It has allowed 51%FDI in single brand retail.
The next cycle of change in Indian consumer markets will be the arrival of
foreignplayers in consumer retailing. Although FDI remains highly restricted in
retailing,most companies believe that will not be for long. Indian companies know
Indianmarkets better, but foreign players will come in and challenge the locals by
sheercash power, the power to drive down prices. That will be the coming struggle.
This report discusses the scenario of organized retail industry in pUNE city of
Maharastra and the opportunities available for companies based on key statistics.
PANTALOON RETAIL (INDIA) LIMITED
Pantaloon Retail (India) Limited, is Indias leading retailer that operates multiple retail
formats in both the value and lifestyle segment of the Indian consumer
market. Headquartered in Mumbai (Bombay), the company operates over 10 millionsquare feet of retail space, has over 1000 stores across 61 cities in India and employs
over 30,000 people.
The companys leading formats include Pantaloons, a chain of fashion outlets, Big
Bazaar, a uniquely Indian hypermarket chain, Food Bazaar, a supermarket chain, blends
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the look, touch and feel of Indian bazaars with aspects of modern retail like choice,
convenience and quality and Central, a chain of seamless destination malls. Some of its
other formats include, Depot, Shoe Factory, Brand Factory, Blue Sky, Fashion Station,
aLL, Top 10, mBazaar and Star and Sitara. The company also operates an online portal,
futurebazaar.com. A subsidiary company, Home Solutions Retail (India) Limited,
operates Home Town, a large-format home solutions store, Collection i, selling home
furniture products and E-Zone focused on catering to the consumer electronics segment.
Pantaloon Retail was recently awarded the International Retailer of the Year 2007 by
the US-based National Retail Federation (NRF) and the Emerging Market Retailer of
the Year 2007 at the World Retail Congress held in Barcelona.
Pantaloon Retail is the flagship company of Future Group, a business group catering to
the entire Indian consumption space. Pantaloon is not just an organization - it is an
institution, a centre of learning & development. We believe that knowledge is the only
weapon at our disposal and our quest for it is focused, systematic and unwavering.
At Pantaloon, we take pride in challenging conventions and thinking out of the box, in
travelling on the road less traveled. Our corporate doctrine Rewrite Rules, Retain
Values is derived from this spirit.
Over the years, the company has accelerated growth through its ability to lead change.
A number of its pioneering concepts have now emerged as industry standards. For
instance, the company integrated backwards into garment manufacturing even as it
expanded its retail presence at the front end, well before any other Indian retail
company attempted this. It was the first to introduce the concept of the retail
departmental store for the entire family through Pantaloons in 1997. The company was
the first to launch a hypermarket in India with Big Bazaar, a large discount store that it
commissioned in Kolkata in October 2001. And the company introduced the country to
the Food Bazaar, a unique 'bazaar' within a hypermarket, which was launched in July
2002 in Mumbai. Embracing our leadership value, the company launched all in July
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2005 in Mumbai, making us the first retailer in India to open a fashion store for plus
size men and women.
Today we are the fastest growing retail company in India. The number of stores is going
to increase many folds year on year along with the new formats coming up. The way
we work is distinctly "Pantaloon". Our courage to dream and to turn our dreams into
realitythat change peoples lives, is our biggest advantage. Pantaloon is an invitation
to join a place where there are no boundaries to what you can achieve. It means never
having to stop asking questions; it means never having to stop raising the bar. It is an
opportunity to take risks, and it is this passion that makes our dreams a reality.Come
enter a world where we promise you good days and bad days, but never a dull moment!
PANTALOONS
It was the first Pantaloons store in Kolkata that set off a chain of discoveries that have
led us to where we are today. Ten years later, we have launched our largest Pantaloons
store in Kankurgachi in Kolkata. Spread across 85,000 square feet, the store is the first
among a series of large format stores that will be launched across the nation. After
consolidating its Fresh Fashion positioning, Pantaloons embarked on a major expansion
during the year 2006-07. In 8 cities,11 Pantaloons stores were opened with 7 of them
opening in the single month of March 2007. The total count of Pantaloons stores as on
30th June 2007 stood at 31 with the total area under retail close to 1 million square feet.
In order to maintain the top of the mind association with fashion in India, Pantaloons
continued to be the title sponsor for the Femina Miss India 2007 pageant. In addition,
Bipasha Basu and Zayed Khan were roped in as brand ambassadors in the month of
August 2006. The success of this initiative was evident in the increased sales for the
Haldi Gulal range as well as the Svayam Utsav summer collection that were endorsed
by Bipasha and Zayed. The private label apparel share during the year was in excess of70 percent. The year also witnessed categories like Winter-wear and Ethnic Ladies-wear
strengthening their presence in the stores. The increasing success of the store brand is
evident from the fact that the stores loyalty programme, Green Card, added 200,000
new members.
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Pantaloons will see a significant expansion during the coming year with an increase of
nearly 0.50 million square feet of retail space and an addition of about 15 stores.
Pantaloons will look at dominating cities where it has a first entrant advantage and will
scale up sizeably with larger stores, additional categories and retail formats. The year
2007-08 will witness considerable focus in the North and East regions. Delhi and the
NCR area along with Punjab, Chandigarh and Ludhiana will see the next stage of
expansion. Cities like Ranchi, Guwahati and Siliguri in the East will also discover Fresh
Fashion.
BIG BAZAAR
In 2010-11, more Indians discovered the value of shopping in Big Bazaar. And with the
launch of each store, we discovered more value in terms of operational efficiency. Big
Baazaar launched210 new stores in 80 cities, covering over 1.40 million square feet. As
of June 2007, there were 56 Big Bazaar stores across 43 cities. While Big Bazaar
continued to expand in the large cities, it also tapped consumption potential in smaller
cities like Agra, Allahabad, Coimbatore, Surat, Panipat, Palakkad, Kanpur and
kolhapur.
The year under review also witnessed realigning of business teams with shared
experience in category management, sourcing, front-end operations and businessplanning. In addition, separate teams have been formed to look into all aspects of new
store launches and to manage mature stores. This provides more flexibility and focus in
expansion plans.
The increase in SKUs in existing categories and the introduction of new categories
encouraged the opening of larger stores or Super Centres, measuring 100,000 square feet
or more. There are now 5 Big Bazaar Super Centres. Considering this scale of
expansion, technology plays a significant facilitating role. The introduction of SAP in
2005-06 and its roll out during the year, positively impacted the business.
Big Bazaar has initiated the process of Auto Replenishments Systems, thus improving
operational efficiencies and productivity. The company has also rationalized nearly 250
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vendors through better vendor management in terms of potential to expand, and for
inclusion and upgradation to the online B2B platform. The company plans to open over
60 stores across India in FY 2008, and the opening of the 100th Big Bazaar store will
mark the fastestever expansion by a hypermarket format
FOOD BAZAAR
Based on the companys in-house consumer data and research, and in cognizance with
observations on customer movements and the shopping convenience factor, Food Bazaar
hasinitiated certain refurbishments and layout design across all stores. The intention is to
continuously change with the times and demands of the evolving Indian consumer.
Food Bazaar also witnessed healthy expansion during the year 2006-07, making its
presence felt in nearly 26 cities and adding 40 stores during the year under review.
The total count of Food Bazaars as on 30th June 2007 stood at 86 stores. The year under
review witnessed the companys private label programme gaining significant traction.
The brands have been very competitive vis--vis the established brands in quality and
price terms, and have in fact scored better than national or international players in certain
categories.
The share of private labels as a percentage of total Food Bazaar revenues has increasedsignificantly and comprises nearly 50 merchandise categories.
While Fresh & Pure brand entered categories like cheese slices, frozen peas, honey,
packaged drinking water and packaged tea, the Tasty Treat brand received a very
favorable response in new categories like namkeens and wafers. In the home care
category, Caremate launched aluminum foil and baby diapers while Cleanmate launched
detergent bars and scrubbers.
A new format BB Wholesale Club was launched and 4 such stores have been
opened so far. To be managed by Food Bazaar from the ensuing financial year, this
format sells only multi-packs and bulk packs of a select range of fast moving categories
and caters to price sensitive customers and smaller retailers.
The company has also forged tie-ups with established companies like ITC, Adanis,
DCM Group, USAID and other farm groups in Maharashtra and Madhya Pradesh to
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source directly from them. These alliances are expected to drive efficiencies as well as
bring better products to consumers.
By the end of FY 07-08, the total number of Food Bazaar stores is expected to be
200and more are comeing up in major cities.
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COMPANY PROFILE
For over 80 years, A.C. NIELSEN is serving different business solution to the
Companies across the world. Business solution generally includes about:
What is happening in the Market? Why this is happening? What is likely to happen next? What is the best route to growth?
In todays competitive market, it is quite tough to find out the complex Challenges. Ourservices help to clients by acknowledging them about the Market complexities, so they
can make decision and choose action that will Build the efficiency and the productivity
of their marketing and sales programs. As well as will increase their revenue and
improve their
The Nielsen Company (erstwhile ACNielsen) was established in the United States in
1923 by Arthur C. Nielsen, Sr., one of the founders of the modern marketing research
industry. Among many innovations in consumer-focused marketing and media research,
Mr. Nielsen was responsible for creating a unique retail-measurement technique that
gave clients the first reliable, objective information about competitive performance and
the impact of their marketing and sales programs on revenues and profits. Nielsen
information gave practical meaning to the concept of market share and made it one of
the critical measures of corporate performance. Mr. Nielsen also founded the business
known today as Nielsen Media Research, the global leader in television audience
measurement and other media research Services.
ACNielsen opened its first international office in the UK in 1939 and, after World War
II, progressively expanded its operations in Western Europe, Australia and Japan.
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In India the company is better known as ACNielsen-ORG-MARG Pvt. Ltd. MARG
(Marketing and Advertising Research Group) started in 1983 is primarily into
Customised Research Services (CRS). ORG (Operations and Research group) that was
started by Sarabhai Group in 1962 were into Retail Measurement Services (RMS). In
1994, ORG and MARG decided to merge and it became ORG-MARG Pvt Ltd. It gave
26% stake to the Dutch company VNU. In 2001, ACNielsen became part of VNU, a
world leader in marketing information, media measurement and information and
business media and that is where the name comes ACNielsen-ORG-MARG Pvt Ltd.
In 2003, VNU announced a new organisational structure for VNU Marketing
Information (MI), its largest business group, to address evolving client needs and to
create an enhanced platform for accelerated growth.
In 2005, VNU attempted to expand into healthcare and pharmaceutical information by
acquiring IMS Health. Although the merger was terminated in the face of shareholder
opposition, the two companies agreed to work together to develop new capabilities.
In 2006, VNU was acquired and taken private by a consortium of six private equity
firms. In 2007, VNU changed its name to. This new identity The Nielsen Company
emphasizes its best known
Brand name and underscores its commitment to create an integrated, streamlined global
organization.
Nielsen Research
Nielsen today has its presence over 108 countries with 17 countries in Asia Pacific itself.
Nielsen is divided broadly into 3 main divisions.
Client Solution (CS)
Data Acquisition (DA)
Global operations. (GO)
Data Acquisition and Global Operations comes under Global Structure headed by
Michael Habib who sits in New York.
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Client Solution (CS) team
This team actually interacts with the Client, takes an idea of the Client, briefing is done
and then briefs the Client about what is Our plan of action.
Data Acquisition (DA) team
The structure of DA is
Project Management
Team (PMT)Line Management Team
Global Operations (GO) team
Only the analysis part is done and then the final presentation with findings is given to the
CS team that will finally give that presentation to the Client. The turn around time is 3 to
4 day
This team is alignedwith the CS team
Data collection exercise is done by theLine Management Team that gives report
to CS team
CS team will do the top line presentation to theClient. All the reviews are sent to the LMT thatagain gets the final data which is again sent tothe CS team. The CS team will then give the
final resentation to the client
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SETUP OF GLOBAL BUSINESS STRUTURE
Table no 3 .1 Setup Of Global Bussiness Structure
Michael Habib
Global Head, President, HQ: SingaporeN level
Ravi Janavatula
Head, Asia PacificN1 level
Ranjit Panda, India
India region( India, Srilanka, Bangladeshand Nepal)
N2 level
Zonal Managers
4 Zones( East, West North and South)N3 level
Branch HeadsN4 level
Managers, Sr. executives andExecutives
N5 level
Data VerifiersN6 level
Freelance Data Collector/FieldRepresentative/ Auditors
N7 level
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Business:-
Nielsen tailors research solutions to individual client needs. For common
research needs Nielsen has a suite of internationally recognized proprietary research
products and methodologies providing powerful comparative and normative data.
Other research requirements are idiosyncratic and depend on a particular
organizations prerogative and strategic goals. In this case specific, ad hoc research may
be necessary, designed to address a particular market issue or set of issues. Often a
combination of the two is necessary.
All Nielsen research is conducted and delivered by a team of research and
client service professionals with specialized industry, business issue or methodological
expertise. Aside from providing market data, Nielsen endeavors to add value to clients
business by translating the data into actionable market and business insights.
AC Nielson offers an integrated suite of market information gathered from a wide range
of sources, advanced information management tools, sophisticated analytical systemsand methodologies, and dedicated professional client service to help their clients to find
the best paths to growth.
Clients work with Nielsen services to:
Measure their market performance Analyze market dynamics
Diagnose and solve marketing and sales problems, and Identify and capture growth opportunitiesNielsen people work closely with their clients to help them choose the right
set of information and services and use it to make the best possible decisions.
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Market Measurement:-
Nielsens major market-measurement services provide comprehensive coverage of:
Sales to consumers of fast-moving consumer packaged goods, gathered at the point of
sale in retail stores of all types and sizes. These retail measurement services provide
clients with essential facts on how their products are performing compared with their
competitors, and on trends and changes in market conditions and sales results. They also
provide critical information on the use of promotional activities at the retail level, such
as special displays or pricing, and on distribution and stock conditions in retail stores.
Purchases by consumers of packaged goods and other products, gathered through
participating panels of consumer households and through customized studies. These
consumer panel and consumer research services provide a foundation for understanding
and analyzing consumers motivations, attitudes, behavior, shopp ing patterns and
demographic characteristics.
Analytical Tools and Services Nielsen offer a wide range of software and professional
services that enable clients to receive, select and evaluate our market-measurement
information, integrate it with their own data and third-party information, and apply it to
specific business issues and situations. Clients can view and analyze information from
many perspectives, such as by specific product categories, by geographic area or by
retail channel. Nielsen also organize and present information to suit the specific needs of
many individuals in manufacturing, service and retail organizations, including general
managers, marketing professionals, sales professionals, purchases, merchandisers and
category managers.
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Diagnostic Services:-
Nielsens consumer panel and consumer research services provide clients with many
opportunities and techniques to examine trends and understand the impact of the market
forces that influence consumers purchasing decisions. Consumer panels link purchasing
information to demographics and provide a controlled environment for examining
motivationalfactors.
Nielsens analytical and modeling services provide clients with a range of options to
evaluate and understand why marketing campaigns succeed or fail, and to address
specific future marketing opportunities and issues, such as promotion optimization,
pricing, consumer targetingandmarketingmixoptimization.
In many markets, Nielsen offers a suite of consumer-focused consumer research
techniques and services that address clients unique and specific marketing and sales
issues.
Opportunity Identification:-
While Nielsens major clients all share a common focus on consumers; each individual
client has its own distinct set of business characteristics and marketing and sales
concerns. Our information and services are designed to help each client identify and act
upon unique growth opportunities.
Using a structured and disciplined approach to building and managing long-term
relationships, our people work in close partnership with their clients to understand their
strategies and business objectives. To design the right suite of Nielsen services that fits
their needs.To agree on clear and measurable business objectives and to measure the
results and clients return on their investment.
Global Presence:-
Nielsens operations span more than 100 countries. Headquartered in New York, our
major regional business centers are located in Schaumburg, Illinois; Wavre, Belgium;
Hong Kong; Sydney, Australia; Buenos Aires, Argentina; and Nicosia, Cyprus. (Graph
no 3.2 global presence
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Americas Asia Pacific Europe Middle
East &
Africa
Argentina
Australia
Albania Algeria
Bolivia Azerbaijan Armenia Bahrain
Brazil Bangladesh Austria Cameroon
Canada China Belarus Egypt
Chile Hong Kong Belgium Ethiopia
Colombia India Bosnia Ghana
Costa Rica Indonesia Bulgaria Isral
Dominican
Republic
Japan Croatia
Ivory
Coast
Ecuador Kazakhstan Cyprus Jordan
El Salvador Kyrgyzstan Czech
Republic
Kenya
Guatemala Malaysia Denmark Kuwait
Honduras Mongolia Estonia Lebanon
Mexico
Nepal
Finland
Morocco
Nicaragua New Zealand France Namibia
Panam Philippines Georgia Nigeria
Paraguay Singapore Germany Oman
Peru South Korea Greece Pakistan
Puerto Rico Sri Lanka Hungary Qatar
United
States
Taiwan Ireland Saudi
Arabia
Uruguay Tajikistan Italy South
Africa
Venezuela Thailand Latvia Tanzania
Turkmenistan Lithuania Tunisia
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The Nielsen Code
Arthur C. Nielsen, Sr.
Chairman, A. C. Nielsen Company, 1931
In 1931, Arthur C. Nielsen, Sr., wrote the Nielsen Code, defining the principles that
would guide Nielsen to global leadership in marketing research. The Code remains
relevant today and continues to guide our business.
Impartiality
Be influenced by nothing but your clients' interests. Tell them the truth.
Thoroughness
Accept business only at a price permitting thoroughness. Then do a thorough job,
regardless of cost to us.
Accuracy
Watch every detail that affects the accuracy of your work.
Integrity
Keep the problems of clients and prospects confidential. Divulge information only with
their consent.
Economy
Employ every economy consistent with thoroughness, accuracy and reliability.
Price
Quote prices that will yield a fair profit. Never change your price unless warranted by a
change in specifications.
Delivery
Give your clients the earliest delivery consistent with quality - whatever the
inconvenience to us.
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Service
Leave no stone unturned to help your clients realize maximum profits from their
investment.
Solutions by Nielsen
By Business Issue
Clients work with our services on a daily basis to make fundamental, fact-based
decisions about core business activities.
Brand Dynamics New Product Introductions
Category Dynamics Pricing
Competition/Competitive
AnalysisProduct Opportunities
Consumer LoyaltyPromotion
Efficiency/Effectiveness
Distribution Retail Performance
Market Dynamics Understanding theConsumer
New Brand Launch
1. New product launch- When launching a new product, it is not enough to understandhow the product is performing. It is crucial to know who is buying, where the volume is
being sourced, and whether the product is attracting new or existing category buyers.
Developing new products requires effective ways to minimize risk and maximise gain.New ideas need to be thoroughly tested and evaluated to reduce risks and helps fine-tune
the marketing mix before launch
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2. Understanding the Consumer - Understanding human needs is critical for effectivetargetted marketing. However, these needs are not always easily detectable. People are
not fully aware of their own underlying motivations or of the forces that determine their
own behaviour. In fact, we often mislead ourselves when we attempt to explain our
behaviour in our desire to act as rational human beings. Sometime we do not want to
admit or even realise the real reason for our behaviour because it is, more often than not,
irrational.
3. Promotion Efficiency and Effectiveness - For many companies, promotion costs aretheir biggest single area of expenditure, and understanding the impact and worth of that
spend is of critical importance. The scale of promotional spend often means that even
marginal gains in efficiency will have a significant affect on the bottom line. Nielsen
promotions models use weekly scanning data to evaluate the impact of different
promotional tactics. Other information sources such as Nielsen | Homescan consumer
purchasing information and manufacturer profitability measures can also be
incorporated.
4. Retail PerformanceFormulating effective sales and marketing strategies
A thorough understanding of your retail performance, and how it compares to your
competitors, is vital for formulating an effective sales and marketing strategy. At the
very least, you need to be able to answer the following questions:
What is the size of your category and how is it changing? What are your strengths and weaknesses within individual retail chains? How are your brands performing in relation to your competitors? How does this differ by
retail chain?
What are the key causal factors affecting your performance? What are the overall trends in the marketplace in terms of segments, pack size and
flavours?
How can you use this information to exploit market opportunities and counter threats?
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Industry Expertise
Whatever your business needs, Nielsen professionals have the knowledge and expertise
across a variety of industry sectors, built over more than 80 years addressing clients'
business issues and delivering consumer insights to support our clients' growth.
Advertising Automotive Consumer Package Goods Financial Services Government & Social Media Online Retailing Telecommunications Travel & Tourism
Products & Services of nielson
Nielsen markets a wealth of information products, together with services and tools that hel
clients use information correctly to address specific business issues and decisions.
RetailMeasurement
Our Retail Measurement Services (RMS) provide continuous tracking of product sales to
consumers, based on information gathered at the retail point-of-sale. Clients receive
detailed information on sales, market shares, distribution, pricing and merchandising and
promotional activities. RMS information is available in more than 80 countries.
ConsumerPanel
Consumer Panel research tracks the purchasing behaviour of consumers in over 125,000
households in 24 countries worldwide, primarily through the use of in-home scanners.
Panel information reveals consumers purchasing from all outlets they visit and provides
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insights into who is buying, methods of payment, use of coupons and participation in
frequent shopper programs.
AssortmentandIn-StoreSpace
Our team of experts work with retailers and manufacturers around the world to deliver
business-driven, easy-to-implement solutions that provide a measurable return on their
investment in managing assortment and in-store space. We help them make key decisions
on issues such as shelf inventories, shelf space, category growth opportunities, product
listings and how best to distribute merchandising information.
ConsumerResearch
Our diverse and powerful suite of Consumer Research services help clients obtain
qualitative and quantitative measures of consumers attitudes and purchasing behaviour,
customer satisfaction, brand awareness and equity, advertising effectiveness and other
marketing issues.
RetailerServices
Our services for retailers are designed to help them understand what attracts consumers to
their stores. Retailers work with us to evaluate competitive performance, increase traffic
and sales, leverage their frequent-shopper data and build consumer loyalty, improveperformance of their private label products and understand their results across all product
classes and categories they carry.
Modeling&Analytics
Our advanced Modeling & Analytical Services help clients address such key business
issues as pricing, promotion, marketing mix, assortment and product rationalization,
category placement, category structure and in-store, in-market auditing and testing.
NielsenOnline
Nielsen's Internet audience measurement services, syndicated and proprietary tools and
custom analytics provide actionable insights to help you measure your audience, evaluate
and differentiate your site, track the competition and develop measurably-effective site
http://in.nielsen.com/products/ms.shtmlhttp://in.nielsen.com/products/ms.shtmlhttp://in.nielsen.com/products/ms.shtmlhttp://in.nielsen.com/products/crs.shtmlhttp://in.nielsen.com/products/crs.shtmlhttp://in.nielsen.com/products/rs.shtmlhttp://in.nielsen.com/products/ma.shtmlhttp://in.nielsen.com/products/ma.shtmlhttp://in.nielsen.com/products/nielsenonline.shtmlhttp://in.nielsen.com/products/nielsenonline.shtmlhttp://in.nielsen.com/products/nielsenonline.shtmlhttp://in.nielsen.com/products/ma.shtmlhttp://in.nielsen.com/products/rs.shtmlhttp://in.nielsen.com/products/crs.shtmlhttp://in.nielsen.com/products/ms.shtml -
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NMIncite
NM Incite, a Nielsen McKinsey company, helps businesses harness the full potential of
social media intelligence to drive superior business performance across client organizations.
NM Incite equips companies with the capabilities to better understand, value and take
advantage of rich consumer insights available on social media.
DecisionSupport
We provide clients with a wide range of software tools and delivery methods designed to
put the right information on the desks of decision-makers at the moment they need it. These
tools range from advanced analytical and data-management systems for sophisticated users
to standard reports for end-users that are automatically refreshed when our databases are
updated.
Global Services
Nielsen Global Services coordinates with local Nielsen offices throughout the world to
deliver clear, consistent information across markets. This helps manufacturers effectively
understand emerging marketing opportunities for global brands. Utilizing consistent and
comparable cross-country data, combined with local country information, Nielsen Global
Services provides information-based solutions to worldwide marketers with a broad
international scope.
Business Consulting Services
Nielsen Business Consulting Services address your CEO agenda, bringing decades of data
management, advanced analytics and strategic management expertise to bear on the high-
level issues facing your business. We offer proven, prescriptive roadmaps to success
Retail Measurement Services
Understanding product performance and market dynamics
To make good marketing decisions you must have accurate, timely information about
whats selling at the retail level and how in-store conditions such as pricing,
merchandising and promotions are influencing sales.
http://in.nielsen.com/products/nmincite.shtmlhttp://in.nielsen.com/products/nmincite.shtmlhttp://in.nielsen.com/products/gs.shtmlhttp://in.nielsen.com/products/rc.shtmlhttp://in.nielsen.com/products/rc.shtmlhttp://in.nielsen.com/products/gs.shtmlhttp://in.nielsen.com/products/nmincite.shtml -
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Nielsen Retail Measurement Services are the industry standard for quality information on
product movement, market share, distribution, promotional effectiveness, pricing and
other market-sensitive information in more than 80 countries across six continents,
providing our client base with an information network and global reach second to none.
Using in-store scanning of product codes and store visits by professional auditors, Nielsen
offers a complete portfolio of sample and census information across the food, household,
health and beauty, durables, confectionery and beverage products industries.
Whether long-term strategic planning or tactical decision-making, Nielsen measures and
tracks the information you need to win in your market place.
Your global, comprehensive retail coverage solution
Nielsen Retail Measurement Services integrate information from a variety of sources to
provide accurate, decision-ready reporting and coverage of a broad array of retail
channels, including:
Supermarkets Hypermarkets Drug stores & pharmacies Mass merchandisers Convenience stores Small independent grocers Kiosks Open Markets Military commissaries Liquor stores Dollar stores Pet stores Warehouse-clubs
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Nielsens comprehensive coverage permits management to examine key business trends
by product, category, store, chain, or market for one brand or an entire competitive set.
From viewing an executive summary to drilling down through a robust database to the
desired level of detail, executives can make strategic decisions based on accurate, timely
information.
Full client service support
All Nielsen Retail Measurement Information is fully analysed, interpreted and presented
by experienced account managers with knowledge of a wide range of grocery markets and
industry trends. From basic market analysis to complex business issues, Nielsen
Executives are your business partner to help fully exploit your information investment to
gain maximum advantage.
Consumer Panel Solution(CPS) Its all about the consumer. As the recognized leader
in delivering consumer and shopper insights for the fast moving goods industry
(FMCG), consumer Panel solutions(CPS) provide consumer-centric marketing and sale
solutions to help you target the strategic consumers, markets and retailers that will
maximize your return on investment. Nielsens (CPS) provide longitudinal consumer
purchase behavior, demographic profiles, and integrated attitudes $ usage information.
Our solutions provide world-class segmentation and targeting services that help you
identify high value consumer uncover new opportunities, and executives marketing a d
sales efforts at the store level. The result precise targeting for increase ROI only
Nielsens consumer panel can create complete consumer view Nielsen offers the
industrys best longitudinal panel with the broadest sample size to deliver deep and
granular insight into consumer purchasing behavior. Now providing key consumer
insights into 27 countries based on consumer purchase information from over 260,000
households globally, our consumer panel represents all type of consumers and their
buying behavior from ware house clubs to convenience stores, from supermarket to drug
stores, from computer stores to mass merchandise to mail order and the internet. Our
ability to integrate best- in breed data sources across all Nielsen companies provide the
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most complete consumer view of media influences, retail conditions, attitudes &
preferences, and entertainment habits.
Assortment and In-store Space
The essentials link between retailers, manufactures and consumers in, managing
assortment and in-store space. We work with clients trade managers, category
managers, brand managers,, channel/account managers, as well as store planners and
space planners to address key issues in areas that include visual merchandising, space
management assort management and store planning. Just some of the issues we work
with our clients to address include:
Getting the shelf space products deserve maximizing shelf space against market share byworking from assortment plans that are practical concrete, actionable and measurable
Ensuring shelf inventories are correct by combining business knowledge and insightsinto analytical capabilities and tools to develop practical solutions that help retailers
measure and manage retail inventories.
Making the most of opportunities fro category growth by tapping into the wealth andrichness of A C Nielsen marketing data and information.
Getting products listed more easily by presenting a total view from expected productperformance to position on the shelf for maximum impact.
Distributing merchandising information more efficiently by making more use of web-based technology capabilities for self-service and/or targeted electronic distribution
We are committed do delivering business-driven practical solution that meet the needs of
individual clients, locally, regionally or globally, and that deliver a measurable return on
their investment. Our capabilities include:
Proven software solutions
Live imagine services Specialist business and technical consulting in assortment and space management
Understanding your information needs effective marketing requires a through
appreciation of your markets. As markets, As market competition continues to
accelerate, research solutions must be delivered faster and more cost effectively than
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ever before. At A C Nielse,top marketers and researchers work together to understand
your business environment and marketing requirements. Seeking solutions to meet the
imperative of both local markets and head offices.
A C Nielsen works to understand and priorities and challenges that confront you in your
specific marketing environment and works with you to develop optimal research service
within the framework of your organization.
Minimizing risk. Optimizing opportunities
In global, intensely competitive markets, companies are required to respond incessantly
to market change. Business must continuously innovate and introduce new products in
an environment where the cost of launch is high and markets are already cluttered. And
all for a more discerning and savv customer.
Both the risk and cost of failure can increase greatly as new product development
progress from generation to market launch. With the unique integration of customized
research services with retail, consumer panel and media measurement information
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MERGERS AND ACQUISITIONS
The company was acquired by the Dun & Bradstreet Company in 1984. D&B, as it is
known today, broke Nielsen into two separate companies in 1996. These were Nielsen
Media Research, which was responsible for TV ratings, and AC Nielsen, which was
responsible for consumer shopping trends and box-office data. The Dutch publishing
company VNU (Verenigde Nederlandse Uitgeverijen) acquired Nielsen Media Research
in 1999.[12] It later recombined the two halves of the business when it acquired AC
Nielsen in 2001. In between, it sold its newspaper properties to Wegener and its
consumer magazines to Sanoma.
In 2004, Nielsen began a joint venture called AGB Nielsen Media Research with WPP
Group's AGB Group, a European competitor which provides similar services.
VNU combined the Nielsen properties with other research and data collection units
including BASES, Claritas, HCI and Spectra. The company's publishing arm also owned
several publications including The Hollywood Reporter and Billboardmagazine. VNU
began acquiring companies that added to its measurement capabilities. In 2006, it
acquired a majority stake in Buzzmetrics, a company which measures consumer-
generated media online. Under the new ownership, Nielsen bought the remaining sharesof the company in 2007 In the same year, Nielsen acquired Telephia, which measures
mobile media, and Bilesim Medya, a Turkish advertising intelligence firm.
In 2006, VNU was acquired by a group of six private equity firms: the American
Kohlberg Kravis Roberts & Co., Thomas H. Lee Partners, Blackstone Group, Carlyle
Group and Hellman & Friedman, and Dutch equity firm AlpInvest Partners for 5bn. In
the same year, the group hired David L. Calhoun, formerly ofGeneral Electric, as CEO
He renamed VNU as The Nielsen Company in 2007.
VNU sold its business publications division in 2006 for 320m (210m) to venture
capital group 3i, which then sold the UK division (VNU Business Publications Ltd) to
Incisive Media. In 2008, the company acquired IAG Research which measures viewer
engagement with TV commercials. The same year Nielsen made a strategic investment
http://en.wikipedia.org/wiki/Dun_%26_Bradstreethttp://en.wikipedia.org/wiki/Nielsen_Company#cite_note-11http://en.wikipedia.org/wiki/Nielsen_Company#cite_note-11http://en.wikipedia.org/wiki/Nielsen_Company#cite_note-11http://en.wikipedia.org/wiki/Wegener_%28company%29http://en.wikipedia.org/wiki/Sanomahttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/The_Hollywood_Reporterhttp://en.wikipedia.org/wiki/The_Hollywood_Reporterhttp://en.wikipedia.org/wiki/Billboard_%28magazine%29http://en.wikipedia.org/wiki/Billboard_%28magazine%29http://en.wikipedia.org/w/index.php?title=Buzzmetrics&action=edit&redlink=1http://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts_%26_Co.http://en.wikipedia.org/wiki/Thomas_H._Lee_Partnershttp://en.wikipedia.org/wiki/Blackstone_Grouphttp://en.wikipedia.org/wiki/Carlyle_Grouphttp://en.wikipedia.org/wiki/Carlyle_Grouphttp://en.wikipedia.org/wiki/Hellman_%26_Friedmanhttp://en.wikipedia.org/wiki/AlpInvest_Partnershttp://en.wikipedia.org/wiki/General_Electrichttp://en.wikipedia.org/wiki/3ihttp://en.wikipedia.org/wiki/Incisive_Mediahttp://en.wikipedia.org/wiki/Incisive_Mediahttp://en.wikipedia.org/wiki/3ihttp://en.wikipedia.org/wiki/General_Electrichttp://en.wikipedia.org/wiki/AlpInvest_Partnershttp://en.wikipedia.org/wiki/Hellman_%26_Friedmanhttp://en.wikipedia.org/wiki/Carlyle_Grouphttp://en.wikipedia.org/wiki/Carlyle_Grouphttp://en.wikipedia.org/wiki/Blackstone_Grouphttp://en.wikipedia.org/wiki/Thomas_H._Lee_Partnershttp://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts_%26_Co.http://en.wikipedia.org/w/index.php?title=Buzzmetrics&action=edit&redlink=1http://en.wikipedia.org/wiki/Billboard_%28magazine%29http://en.wikipedia.org/wiki/The_Hollywood_Reporterhttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/Sanomahttp://en.wikipedia.org/wiki/Wegener_%28company%29http://en.wikipedia.org/wiki/Nielsen_Company#cite_note-11http://en.wikipedia.org/wiki/Dun_%26_Bradstreet -
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in NeuroFocus, a California firm applying neuroscience brainwave techniques for
consumer research. In 2009 and 2010, Nielsen sold its business magazines; its well-
known entertainment properties went to the new company e5 Global Media. On June 3,
2010 Nielsen Holdings filed with the SEC to raise up to $1.75 billion in an initial public
offering.
In June 2010 Nielsen paired with Mckinsey to create the social media consulting
company NM Incite. Through "NM Incite," Nielsen combines its Buzzmetrics listening
platform technology with McKinsey's management consultants, to offer a broad range of
social consulting influenced by social media data and analytics.[24] NM Incite has
operations in 13 global markets, including: US, UK, Germany, Spain, Italy, Australia,
New Zealand, China, Japan, India, Brazil, Canada and Korea.
In Aug 2011 Nielsen acquired Marketing Analytics, Inc., one of the pioneers of
marketing mix modeling and a recognized leader in analytics and advanced planning
software. Headquartered in Evanston, Ill. and founded in 1991, Marketing Analytics,
Inc. helps companies measure the impact of their marketing plans on sales by combining
deep modeling expertise with robust software applications. Link, a long-time innovator
in marketing modeling, will continue to lead the group and work to integrate these
capabilities into Nielsen offerings. The acquisition enables Nielsen to provide marketers
of fast moving consumer goods with the most complete and timely view of the impact of
media and marketing - a distinct advantage when developing marketing plans across
multiple channels, such as online and offline advertising, in-store promotions and
consumer promotions.
http://en.wikipedia.org/wiki/NeuroFocushttp://en.wikipedia.org/wiki/E5_Global_Mediahttp://en.wikipedia.org/wiki/Mckinseyhttp://en.wikipedia.org/w/index.php?title=NM_Incite&action=edit&redlink=1http://en.wikipedia.org/wiki/Nielsen_Company#cite_note-23http://en.wikipedia.org/wiki/Nielsen_Company#cite_note-23http://en.wikipedia.org/wiki/Nielsen_Company#cite_note-23http://en.wikipedia.org/wiki/Nielsen_Company#cite_note-23http://en.wikipedia.org/w/index.php?title=NM_Incite&action=edit&redlink=1http://en.wikipedia.org/wiki/Mckinseyhttp://en.wikipedia.org/wiki/E5_Global_Mediahttp://en.wikipedia.org/wiki/NeuroFocus -
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COMPETITORS
Top 9 of the Market Research Sector 2009
Rank Company
Sales in2009
(million
USD)
Growthin %
1Nielsen
Company
5,000.0 2.6
2KantarGroup
2,000 2.5
3IMSHealthInc.
1,958.6 8.9
4 GfK AG 1,397.3 5.45 Ipsos 1,077.0 6.5
6 Synovate 739.6 9.5
7 IRI 665.0 6.6
8 Westat 425.8 0.8
9 Arbitron 400.0 5.9Source: wikipedia
Table No: 3.3 Competitiors Of The Neilson Company
http://en.wikipedia.org/wiki/USDhttp://en.wikipedia.org/wiki/Kantar_Grouphttp://en.wikipedia.org/wiki/Kantar_Grouphttp://en.wikipedia.org/wiki/IMS_Health_Inc.http://en.wikipedia.org/wiki/IMS_Health_Inc.http://en.wikipedia.org/wiki/IMS_Health_Inc.http://en.wikipedia.org/wiki/IMS_Health_Inc.http://en.wikipedia.org/wiki/GfK_AGhttp://en.wikipedia.org/wiki/GfK_AGhttp://en.wikipedia.org/wiki/Ipsoshttp://en.wikipedia.org/wiki/Ipsoshttp://en.wikipedia.org/wiki/Synovatehttp://en.wikipedia.org/wiki/SymphonyIRI_Grouphttp://en.wikipedia.org/wiki/SymphonyIRI_Grouphttp://en.wikipedia.org/wiki/Westathttp://en.wikipedia.org/wiki/Westathttp://en.wikipedia.org/wiki/Arbitronhttp://en.wikipedia.org/wiki/Arbitronhttp://en.wikipedia.org/wiki/Westathttp://en.wikipedia.org/wiki/SymphonyIRI_Grouphttp://en.wikipedia.org/wiki/Synovatehttp://en.wikipedia.org/wiki/Ipsoshttp://en.wikipedia.org/wiki/GfK_AGhttp://en.wikipedia.org/wiki/IMS_Health_Inc.http://en.wikipedia.org/wiki/IMS_Health_Inc.http://en.wikipedia.org/wiki/IMS_Health_Inc.http://en.wikipedia.org/wiki/Kantar_Grouphttp://en.wikipedia.org/wiki/Kantar_Grouphttp://en.wikipedia.org/wiki/USD -
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SWOT ANALYSIS OF NEILSON COMPANY
A swot analysis is done to know the strengths, weaknesses, opportunities and threats of
any company. This analysis will explain about the strengths, weaknesses, opportunities
and threats of big bazaar.
1. Strength: - Number one market research company in the world Joint venture with MNC 70% Market share in market research Commitment to security Friendly relationship with Client Mostly clients are the large companies of India Gained experience because of market leader Client trust on the secrecy of data Occupied important location and building Trend setter of marketing research
2. Weakness: Higher prices for the clients Extra burden of work Bureaucratic style of management Shortage of place
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3. Opportunities: More fields for specialization Increasing awareness for marketing research in every field Better methods for market research Cost effective methods from merger with national organization Demand will greater than supply More clients participation Growing competition in the market Media rating television index great market for growth
4. Threats:
Employee turnover
Research department in advertising agencies
Government regulations Increased competition in marketing research Establishment on in-house research departments Privacy of data
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THEORETICAL
BACKGROUND
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CONSUMERS BUYING BEHAVIOR
A consumers buying behavior refer to the response and reaction of the ultimate
consumer to various situation involved in purchasing and using goods and services. A
retailer has to understood consumers buying behavior as consumer response to various
marketing strategies would determine the retailer success. For understanding the retails
customers buying behavior, a retailer should collect information relating to
what a customer like to buy and in what quality, who buys, from where (location) he
wants to buy, who are the ones who influence a customer etc.
The first step towards understanding the consumer purchasing behavior is to find out
what costumer purchases and their motives behind buying them. generally consumer
purchases the products, which are capable of satisfying their needs. So from the buyers
perspective the products bases are:-
1. Tangibility2. Durability3. Availability
A products tangibility is based on its physical and materials properties that enable to
consumer to touch or feel it. Generally, consumer consider a sense or feel of touch as the
tangibility of a product. Because of this the purchasing behavior of consumer may by
changed towards the product.
The Durability of the product is the capability to endure or to last. Based on the useful
life span of a product, some product are durable and other are non-durable. Durable are
product that the capable of servicing the customer foe a long period of time.
Depending on the level of availability expected by the customers, products can be put in
three categories:-
Convenience products Shopping products Specially products
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THEORY OF RETAIL DEVELOPMENT
Retail development can also be looked at from theoretical prespective. No single theory
can be universally applicable or accepable .the application of each theory varries from
market to market. Depending on the level of maturity and socio economic condiations in
that market.
The theories developed to explain the process of retail development resolve
arround the importance of competitive pressure ,the investments in organisation
capabilites and the creation of a sustainable competitive advantage .this requires the
impelementation of strategic planning retail organisation .growth in retail is a result of
undestanding market signals and respondings to the opportunites that arise in a dynamic
manner .theories of retail development cabn broadly be classifed as:
1. Enviromental-where a change in retail attributed to the change in the enviroment inwhich the retailer operate
2. Cyclical-where change f ollows apattens and phase can have definites identifaableattributes associated with them
3. Conflictthe competition or conflit between two opposit types of retailers lead to a newfornmat being developed.
ENVIROMENTAL THEORY
Darwinss theory of natural selection has been popularised by the phrase survival of
fittest .retail in instutions are economic entities and retailers confront an envioromental
,which is made up of customers ,competiors and changing technology.this enviroment
can alter the profitablity of a single retail storeas well as of clusters and centers .the
environment that aretailers compets in is sufficiently ,robust to squash any retail from
that does not adjust.cos
Thus the birth sucess or decline of different frms of retail enterprise
in many a times attributd to the bussiness environment .for example , the decline of
department stores in the wetern market is attrbuted to the general inablty of those retailer
to react qucikly and positively to enviromental changes .those retail institutions which
are keenly aware of their operating environment and which react without delay ,gain
from the changes.
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Thus, the darwinian approach of survial of the fittest .those retailers that successfully
adapt technological .economic ,demographic and legal changes are the ones that are
most likely to grow and prosper .the ablity to adapt to change ,successfully ,is at the core
of this theory .
CYCLICAL THEORY-
The most well known of retail evolution is the wheel of retailing theory.the theory
decri