PROJECT ON SHOPPING MALL

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A PROJECT REPORT ON MARKET RESEARCH OF SHOPPING MALLS Submitted by:- Group: - S.Y.M.B.A. 2007-2008 K. S. School of Business Management - 1-

Transcript of PROJECT ON SHOPPING MALL

Page 1: PROJECT ON SHOPPING MALL

A

PROJECT REPORT

ON

MARKET RESEARCH

OF

SHOPPING MALLS

Submitted by:- Group: - S.Y.M.B.A. 2007-2008

Submitted to:-

K.S. School of Business Management Gujarat University Ahmedabad.

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NAME OF THE FACULTY GUIDE: - MRS. MALA SHETH

SIGNATURE OF FACULTY:-

K. S. School of Business Management - 2-

Name Roll no Rahul Mishra 2053Sneha Bhavsar 2079Arva Dholkawala 2085Jimesh Gajjar 2086Kinjal Gandhi 2087Dhara Khakhar 2098Parthesh Laheri 2100Neha Pandey 2110

Prashant Parmar 2112 Dhara Patel 2114

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1. Acknowledg ement2. Introduction of Retail Industry3. History4. Types of shopping centers5. General terminology regarding malls 6. Basic requirement

Approvals required for construction7. 7 P’s of Marketing

Product Price Place Promotion People Physical Evidence Process Management

8. World’s 10 biggest malls9. About malls

Malls in India Vs Malls In China Malls in Ahmedabad Malls profile Growth of malls

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World mall v/s Indian mall Future plans

10. Market Research (Age group 21 to 50 years.)

Research plan Questionnaire Analysis

11. Market Research (Age group above 50 years.)

Research plan Questionnaire Analysis

12. Suggestions13. Limitations14. Conclusion15. Bibliography16. Webography

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An Acknowledgement is something which is so often over looked by people who read a project best to us this is something very important, an integral part of this project as this expresses our heart felt gratitude towards all those people who helped us during the course of this project & in the end helped us give it the form as seen today. It is true that world out side name of a time is different from what we have perceived. Similarly it is possible that the theoretical knowledge is not only aim of our career , getting practical knowledge is also an important thing, which is not possible without support , guidance, motivation & inspiration provided by different person. Hence, our project bears the imprints of many people.

We are greatly indebted to Mrs. SARALA ACHUTAN, the director of K.S School of Business Management, who gave us the valuable opportunity of involving ourselves in such project assignment.

We would like to thank Mrs. MALA SHETH for her support & immense help. There are many people out side the college premises who give their valuable time for our project. We would like to thank them also.

MR. AKASH , General Manager , Gallops mall MR. RAKESH , Store Manage , Big Bazaar ,S. G. road Branch

And special thanks to

MR. MITESH MEHTA from U.S.A for providing some data and web sites Related to the topic.

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Retail Sector in India: Issues and ProspectsRetail, according to Concise Oxford English Dictionary, is the ‘sale of goods to

the public for use or consumption rather than for resale’. Retailing is derived from the

French word 'retailer' meaning ’breaking bulk' and breaking bulk quantities into

smaller sellable units. Usually, a retailer buys goods or products in large quantities

from manufacturers or importers, whether directly or through a wholesaler, and then

sells individual items in small quantities to the general public or end users. The world

over the retail sector has grown rapidly with increasing sophistication and

modernization of the life-style of households and individuals and with increasing

globalisation of trade; India has begun to cater up rather astonishingly rapidly.

An Overview of Indian Retail Sector

The retail sector has helped in giving strong impetus to overall economic growth

as a significant driver of the growth of service sector, which contributes as mush as 54

per cent of GDP. It has strong backward and forward linkages with other sectors like

agriculture and industry through stimulating demand for goods and through mass

marketing, packaging, storage and transport. Moreover, it creates considerable direct

and indirect employment in the economy. Also, the consumers have benefited in terms

of wide range of products available in a market.

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Components of Retail Sector

The major components of the retail sector are:

Food and Grocery, Fast Moving Consumer Goods (FMCGs), Consumer

Durables, Apparel, Footwear, Watches, Jewellery, and Health and Beauty products,

etc.

The anatomy of the retail market has shown that the clothing and textiles

constitutes 39 per cent of the organised retail pie, followed by food and grocery,

which accounts for 11 percent of the total retail market.

However, according to the survey conducted by KPMG for Federation of Indian

Chamber of Commerce and Industry (FICCI), among these, the food and grocery is

expected to witness the fastest growth followed by clothing as the second-fastest

growing segment.

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Key Players in the Retail Sector

The main players in the sector are classified as big corporate houses, dedicated

brand outlets and multi-brand outlets. Some of the market leaders are:

Corporate Houses : Tatas (Tata Trent), RPG Group (Food World, Health &

Glow), ITC (Life Style), Rahejas (Shoppers’ Stop), Hiranandani (Haike)

Dedicated Brand Outlets: Arrow, Nike, Reebok, Zodiac, etc.

Multi Brand Outlets: Vijay Sales, Apana Bazar, Viveks etc.

Manufacturers/ Exporters: Pantaloons, Bata, Weekender etc.

Among these, the formats like supermarkets (e.g. Food Bazaars) have the

highest potential for growth in India followed by hypermarkets (e.g. Big Bazaar,

Spencer’s).

 

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Rural-Urban Share in Retail Sector

A distinctive feature of organised retailing in India is that it is largely an urban

phenomenon. Organised retail has been more successful in metro cities, so in the

south and west of India . The reasons for this regional variation range from differences

in consumer buying behaviour to cost of real estate and taxation laws. Nonetheless,

the case for Indian retailers to explore rural markets is strong. Factoring the size of the

rural population and agricultural income growth in rural India, the rural market is

certainly an opportunity for retailers with an innovative retail proposition. A clear

indicator of this potential is the current share of rural market across major categories

of consumption.

 

[The survey conducted by KPMG for Federation of Indian Chamber of Commerce and Industry (FICCI).]

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Growth and Future Prospects

With the economy growing at a robust rate at near 8 per cent, the retail sector

has also been witnessing notable growth due to an unprecedented consumption boom.

The multiple factors driving this boom are:

First, favourable demography with roughly 60 per cent of the total population

below 30 years of age group. And higher disposable incomes of young middle class

consumers due to employment in IT, management and increasing number of working

women, Change in consumption pattern with high aspiration levels. The AC Nielsen

Online Omnibus Survey 2005 has rated India in the highest category of Aspiration

Index (especially in consumer durables segment) in Asia along with China, Indonesia

and Thailand.

Growth in Major Retail Segments

1. Food and Grocery

The food industry is the largest growing industry after the clothing segment.

According to the FICCI study, the size of the food and beverages industry is Rs 3,

58,000 crore. The FICCI has urged the government to have pro-active approach for

helping the industry to achieve the lower cost, quality improvement and better

performance in the competitive environment.

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2. FMCG (Fast Moving Consumer Goods)

In the last couple of years, the FMCG segment has grown at a rapid pace,

especially due to increasing number of big FMCG outlets like Big Bazaar. The

products, which have shown significant growth in rural markets, are toothpaste, hair

oils and shampoos. Shampoo sales, in rural areas have gone up by 30.8 per cent as

compared to just 11 per cent in urban areas.

3. Consumer Durables

The size of the Indian consumer goods industry is at around Rs 20,000 crore.

After three years of buoyant performance, the consumer durable industry has shown

a moderate growth (in terms of production) of 13.6 per cent during the period April-

January 2006 as compared to 14.8 per cent over the corresponding period in the

previous year (Ministry of Statistics and Programme Implementation).

Investment in Indian Retail Sector

According to the KSA Technopak Retail Summit 2005, investment in the Indian

retail sector is estimated at Rs 2000 crore to Rs 2,500 crore in the next two to three

years and over Rs 20,000 crore by the end of 2010. Large Indian corporate houses like

Tata, Reliance, Raheja, ITC, Bombay Dyeing, etc.Have continued to show interest in

huge investments in organised retailing.

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About Indian Retail Market

Given the robust growth observed in various retail segments, the current scenario

of the Indian retail sector is certainly bright and promising. However, there are

number of issues which need attention:

1. Foreign Direct Investment (FDI)

According to FDI proponents, some of the major benefits of opening up the retail

sector are:

Employment generation,

Competitive environment resulting in price and quality advantage to consumers,

Expansion of manufacturing base and foreign investment,

Reward to farmers if direct purchase of produce from farmers and,

Better standard of living to meet rising aspiration levels of middle and higher-

middle income class.

2. Unbalanced Growth

The key is in slicing the relevant customer segments and developing appropriate

formats. If the specific needs of consumers are recognised, there would be a

considerable market expansion, which would divert a part of retail business to rural

areas and help in reducing rural-urban imbalance.

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Real Estate: Availability and High Costs

The most crucial infrastructural problem of modern retail development is the

availability of quality retail space in India. The preferred form of retail real estate

acquisition is through long-term leases in India. Few retailers prefer a mix of owned

and leased real estate space and some own it. 

  Currently, the total retail mall space, as shown in the chart above, is 22 million sq.ft. and is expected to be at around 90 million sq. ft. by the end of 2007, a huge increase of 309 per cent.

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The antecedents of the modern shopping center were the ancient agoras and medieval piazzas of European cities. The industrial revolution of the 19th century produced the department store but made cities crowded and dirty, and the desire to improve life by moving away from the city gave birth to the suburb and shopping mall.

1842 Andrew Jackson Downing described English "Landscape Gardening" with "curvilinear" layouts in his Cottage Residences book, and inspired his disciples such as Frederick Law Olmsted and Calvert Vaux to improve city life with parks and gardens.

1888 The electric streetcar developed in Richmond VA made possible "streetcar suburbs" and decentralized commercial centers.

Baltimore streetcar on Roland

1898 Ebenezer Howard in Britain published To-morrow: A Peaceful Path to Real Reform on garden cities to escape the industry and crowding of large urban centers, led to the building of Letchworth.

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Line cottages in Birds Hill at Letch worth

1916 Chicago architect Arthur Aldis persuaded wealthy residents of Lake Forest, Illinois, and investors such as Cyrus H. McCormick, Jr., to form the Lake Forest Improvement Trust to build Market Square, an integrated shopping complex of 28 stores, 12 office units, 30 apartments, gymnasium, clubhouse and landscaping.

1928 Don M. Casto opened Grandview Avenue Shopping Center in Columbus, Ohio, with 4 supermarkets and 20 other stores and parking for 400 cars. Grandview became a model for the auto-accessible strip mall.

1930 Strawbridge & Clothier department store in Philadelphia built a branch store at Suburban Square in Ardmore on the Main Line. In many cities, department stores became the leading force in building suburban shopping centers.

1935 Greenbelt, Maryland, was built by the New Deal as a planned community including stores, but not organized as a shopping center.

1938 Silver Spring Shopping Center in Silver Spring, MD, was an early neighborhood center of 19 stores anchored by a grocery store and the Silver Theatre, with an off-street parking lot, designed by John Eberson.

1947 The North Shore Center opened near Beverly MA to serve as a regional shopping center for the Boston area, designed by Kenneth Welch as a village green with stores surrounding a 100-ft. landscaped central open area.

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1950 Northgate opened near Seattle on April 21, the first regional shopping center defined as a "mall." Anchored by a Bon Marche department store, it provided 800,000 sq. ft. for stores arranged in a linear pattern along a 44-foot wide pedestrian walkway, or "mall" that would become the center spine of all future regional shopping centers. The word came from the British game of pall-mall, or "ball and mallett" combining elements of croquet and golf, played since the 1500s on a wide fairway green.

Northgate in 1950 from History Link

1950 The drive-in grew in popularity as cars and suburbs shifted population away from center cities; the Campus Drive-In near San Diego State University featured a 50-foot-high neon majorette.

1951 Valley Plaza opened as the first shopping center designed to be built near major freeways, anchored by a Sears store, located in the rapidly growing suburbs of the San Fernando Valley north of Los Angeles.

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Lakewood ca. 1952 from Mid Cities

1956 Victor Gruen's 95-acre two-level Southdale Center Mall opened Oct. 8 in Edina, MN, near Minneapolis, the first fully enclosed shopping center, with a constant climate-controlled temperature of 72 degrees, inspired by the design of the Galleria Vittoria Emanuele designed and built by architect Giuseppe Mengoni 1865-77 in Milan, Italy. In Maryland, James Rouse opened in October the Mondawmin Mall west of Baltimore.

South dale in 1956 from MHS

1957 International Council of Shopping Centers was founded with a membership of 36. The first chairman of the ICSC Board was Leonard L. Farber who had developed suburban strip centers from his New York company headquarters. Albert Sussman was elected the ICSC president 1958-86.

1959 Burdick Mall opened in Kalamazoo, a downtown pedestrian mall designed by Victor Gruen who believed shopping centers could revitalize declining urban

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centers in the United States. The USIA selected Kalamazoo as the All-American City for 1959 with a traveling exhibit in Europe. The success of the Burdick Mall inspired a national craze for downtown pedestrian malls.

1963 Stanley H. Durwood became the father of the multiplex movie theater when he opened two side-by-side theaters with 700 seats at Ward Parkway Center in Kansas City; he went on to lead AMC Entertainment to become the third-largest movie theater company in the nation.

1964 Ghirardelli Square opened in San Francisco in renovated chocolate factory buildings from 1893, one of the first urban specialty malls. The Fulton Street downtown pedestrian mall opened Sept. 1 in Fresno, California, "a pedestrian oasis with its fountains, cascades, pools, brooks and excellent sculptures was admired by architects around the world." (UNHCR)

1967 South Coast Plaza opened in Orange County's South Coast area, grew to175 shops with 6 department stores and 2,000,000 sq ft after expansion in the 70s including theme restaurants such as the 20th Century Limited Dining Car Restaurant and Station Saloon.

1968 Montgomery Mall opened as the first regional shopping center in the Washington DC area, followed by Tysons Center in 1969, Landover Mall in 1972 that was reborn in late 70s as "the first successful black shopping mall in suburbia" (Kowinski p.160). Other DC malls included Springfield Mall, Lake Forest Mall in Gaithersburg, Fair Oaks Mall in Fairfax, and White Flint in 1977 in North Bethesda MD.

1969 For the city's 200th anniversary, the San Diego City Council approved an urban renewal study with a downtown shopping center that became Horton Plaza, designed by Jerde Architects in 1975 and built by Ernest Hahn, opening in 1985, with a United Artists seven-screen movie theater.

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1970 John Portman in Atlanta designed and built the Hyatt Regency, one of the first urban "megastructures" with large open interior lobby and shopping complex.

1972 After 20 years of steadily expanding construction, the United States had a total of 13,174 shopping centers.

1973 The Hahn Co. built the Parkway Plaza shopping center in El Cajon that included a three-screen United Artists theater (closed in 1989).

1974 Westminster Mall opened south of Los Angeles, the last regional mall built with a huge central court.

1975 Fox Hills Mall opened in Los Angeles, the first 3-level mall in California. Westwood Mall opened near Houston.

1977 Roy Ramond founded Victoria's Secret lingerie store in San Francisco, and after being sold in 1982 to The Limited Corporation, expanded rapidly into shopping centers, with 1000 stores by 2005.

1989 The Cinemapolis on La Palma Avenue in Anaheim Hills was the first 10-screen multiplex theater in northern Orange County; over the next decade, the addition of 500 screens would make Orange County one of the top 10 markets in the country with the most movie theaters per capita.

1990 The decade of the 1980s saw the construction of more than 16,000 shopping centers. A Gallup poll showed Americans averaged four trips to a regional or neighborhood mall per month.

1992 Sara Donovan, founder of WalkSport America, began promoting "mall walking," later wrote book "Mall Walking Madness" in 2002.

1995 The first megaplex theater (defined as 14 screens or more) opened in May in Dallas with a 24-screen AMC palace; in November, Edwards opened a 21-screen megaplex at Irvine Spectrum Center, at a cost of $27-million for 158,000 square feet with 6,400 seats and a 3D IMAX.

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2000 Factory outlet centers became one of the fastest-growing segments of the shopping center industry in the 1990s. Anderson-Little in 1936 began the first factory outlet store for its men's clothing overstock; Vanity Fair was the first multi-tenant outlet center opened 1974 in Reading PA; in 1979, Belz Enterprises opened the first enclosed factory outlet mall in Lakeland, TN, near Memphis; in 1985, Herbert S. Miller of Western Development (became Mills Corp.) opened Potomac Mills in Woodbridge, VA, the first of many "Mills" projects combining features of the shopping center with the bargain outlet store, such as Sawgrass Mills with 2,000,000 sq. ft. in Sunrise, Florida. By 1987 there were 108 factory outlet malls, by 1999 there were 278 outlet centers.

2006 Otay Ranch Town Center will open in October on 85 acres off Olympic Parkway in the boomtown of Chula Vista. As a "lifestyle mall," it will combine some aspects of a regional mall with an old-fashioned town square. In its first phase, it will have 80 specialty stores, mostly upscale; possibly a Nordstrom department store; and several restaurants, including P.F. Chang's China Bistro and The Cheesecake Factory.

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Arcade:

A type of enclosed urban shopping center popular in the 19th century, typically with an arched glass roof and two rows of shops either side of a pedestrian passageway, which often connected two parallel streets.

Community center:

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A shopping center of 100,000 to 350,000 square feet GLA, typically anchored by a one or two discount department, drug, or home improvement stores; they are commonly open, one-story, with stores arranged in a single strip, L or U shape.

Convenience center:

An open shopping center with fewer than half-a-dozen with stores offering day-to-day necessities, such as a min-mart, dry cleaners, wine and bear etc.

Enclosed mall:

Shopping center entirely inside a roofed structure, so that entrance to the mall is controlled by a limited number of entrances and most stores are accessible only via interior corridors.

Entertainment complex:

A shopping center that features theaters, restaurants, amusements and related retail stores.

Fashion mall:

A shopping center featuring stores that offer stylish clothing, posh merchandise, and quality consumer goods. 

Festival (or themed) marketplace:

Urban entertainment and shopping center, usually with restaurants and entertainments, associated with a place of historic or cultural interest, such as Baltimore's Inner Harbor and Boston’s Faneuil Hall.

Galleria:

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A glass-roofed mall or mall courtyard, derived from the European glass-vaulted Victorian-era shopping arcades, especially the design of the Galleria Victoria Emanuel II (built 1867) in Milan, Italy.

Grey fields:

A dying shopping center, specifically (according to Price-Waterhouse-Coopers) a center in which annual sales is less than $150 per square foot of retail space.

Lifestyle center:  

Typically, an open-air shopping center or mall whose array of retail outlets (such as women's fashion stores, jewelers, leather goods, and restaurants) are designed to appeal to upscale consumers; lifestyle centers usually include attractive landscaping, fountains, outdoor seating, and other features that encourage browsing.

Mall:

Any large shopping center (usually enclosed) with adjacent parking and out buildings.

Mixed-use center:

Any integrated complex that may contain offices, restaurants, theaters, a hotel and other services, in addition to retail stores.

Neighborhood center:

Typically, an open-air shopping center of 30,000 to 150,000 square feet GLA with 3 to 15 stores, anchored by a supermarket.

Open-air:

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A shopping center in which stores are directly accessable to the public; exterior walkways may be covered, but the stores are not enclosed under a single roof.

Outlet (or off-price) mall:

A shopping center with national brand-name retailers, factory outlets, or close-out outlets selling discounted merchandise. 

Power mall: A shopping center containing several category-killer stores.

Regional center:

A shopping center with 400,000 to 800,000 square feet GLA, often an enclosed mall, with 40 to 100 stores anchored by one or more department stores.

Shopping center:

A planned group of connected retail stores, usually with an attached parking area, specially developed on a parcel of private property and managed by a single organization.

Strip:

A small open-air neighborhood shopping center, typically smaller than 10,000 square feet GLA, with at least three stores, arranged in a connected row facing a parking area.

Super-regional center:

The largest classification of shopping center; it is usually an enclosed mall larger than 800,000 square feet GLA with more than 100 stores, including several department stores.

Urban mall:

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Shopping center located within a city, the largest of which may be on several levels with adjacent multi-level parking.

Value-oriented mall:

A large shopping center characterized by low-end, discount, and outlet stores.

Village center: An open-air shopping center having several wings and often a central plaza.

Double dumbbell shape:

A cross-shaped shopping center with anchor stores at the end of each cross.

Draw tenant:

A store that attracts a large number of potential customers to a shopping center.

Factory outlet:

A retail store that sells merchandise direct from the manufacturer, usually at reduced.

L-shaped:

A shopping center with two linear strips of stores connected at right angles, forming the letter L; anchors are typically located on the two ends or at the apex, with parking inside the apex; L-shaped is a common design for community-sized centers.

Off-price center:

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A retail store that sells brand-name clothing or other goods (often with labels removed) at reduced prices.

T-shaped:

A shopping center comprising two linear arrays of stores forming the shape of the letter T, with anchor stores at each of the three ends and parking on all sides.

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The largest retail outlets, usually located at the ends or corners of shopping centers, and chosen in part for their potential to attract customers to the shopping center generally; department stores usually anchor regional and super-regional malls and supermarkets are typical anchors in community centers. 

Back of the house:

The office, stock room, and other non-retail areas of a store.

Big box:

A large stand-alone store that specializes in a single line of products, such as home improvements, toys, or office supplies.

Brownfield:

A potential shopping center site contaminated by chemicals, such as a former industrial location.

Cart:

A wheeled display from which merchandise is sold in pedestrian areas of a mall.

Cash wrap:

The front counter with the cash register and often a wrapping or packing area.

Category killer:

A large national chain store specializing in one line of products, such as home improvements, office supplies, or toys, that can overwhelm both smaller and more diverse competitors because of its size, variety of merchandise, and prices.

Community room:

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An area available for public use, ranging from a bare meeting room that can accommodate folding chairs and tables to a more elaborate hall with stage, adjacent kitchen, and other services.

Food court:

A separate area of a shopping center containing fast-food outlets and a common seating area.

Free-standing store:

A retail outlet not associated with a shopping center, especially those at a distance from congested shopping areas and downtowns.

Greenfield:

Undeveloped land, particularly a site suitable for a shopping center.

Gross Leasable area (GLA):

The total area of floor space (usually cited in square feet) leased for retail shops, consumer services, and entertainment, including restaurants. The total floor area of any shopping center or mall is inevitably larger than the gross Leasable area; the difference can be accounted by mall offices, utility areas, storage, rest rooms, interior plazas, and other non-revenue producing spaces. Areas that are not let on long-term leases, such as assembly halls, exhibition space, public meeting rooms, and the like are usually not included in GLA figures, though they may produce some rental revenue.

Junior department store:

A small department store offering a limited selection of goods; a scaled-down version of a full-sized department store.

Kiosk:

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A semi-permanent booth placed in pedestrian areas of a shopping center and used to sell small items or to offer specific services, such as jewelry repair.

Mall rat:

Young person who frequents a shopping center primarily for socializing and entertainment, rather than for shopping.

Mall manager:

The person employed by the owner or a management company to supervise daily operations of a shopping center.

Mall mayor:

The retailer who acts as the informal spokesperson for the tenants of a shopping center.

Mall walker:

Person who walks in a shopping center for exercise, especially during a period set aside for this purpose before stores have opened in the mornings.

Market area:

The geographical area from which a shopping center draws its customers.

Outlet tenant:

A free-standing retailer or service located on a separate parcel in front of a shopping center; also called a pad tenant.

Outparcel:

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A physically separate store or service, such as a restaurant, bank, office, or motel, included in a shopping center’s property; (unoccupied land on a shopping center's property).

Shrinkage:

Difference between value of inventoried merchandise and merchandise book value, attributable to waste, shop wear, carelessness, fraud, theft, and so on; more specifically, loss of merchandise due to shoplifting, usually reported as a percentage of sales.

Tall-wall stall:

A temporary retailing display and counter built against an empty wall.

Temporary tenant:

Typically, a retailer that rents space in a common area for a cart, kiosk, or tall-wall stall for less than a year.

U-shaped: A linear array of stores forming the shape of the letter U, with anchors placed in the center or on the two ends and parking inside the U.

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Any business house who wants start mall in the territory of Ahmedabad has to take following approvals from the related authorities.

Statutory Approval of architectural building plans from AUDA. Approval regarding height of Building. NOC from Airport authority. NOC from AMC fire department. NOC (environment clearance) from MOEF.

Pcc and Foundation work

Excavation work

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In 7 p’s of marketing product is one of the important P and all other Ps are more or less connected to it.

First, The meaning of the product: A product is anything which can be offered in market to satisfy a want or need. Product includes generally physical goods.In connection to product, there are different kinds of products available in the shopping malls at different rate & in various quantity & quality. We can get product of all the brands from one particular shopping room, which generally we don’t get from one particular showroom.

All the types of products like garments, kids wear; Jewellery, accessories, vegetable, sports items, shoes etc. are available in the one mall which is generally not possible in ease of one particular shop or showroom.

e.g. HOME FURNISHING Drawing Room Door Mat CarpetCurtainsKitchen ApronKitchen Napkin

BedroomBed Sheet PillowsPillow Cover

Pricing:

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Price is one of the most important element of marketing mix that generates revenue. The pricing determined on the basis of the kind of brand product they use, their reputation, professional staff, degree of competition etc.

The mall has to consider many factors in setting it’s pricing policy we can conclude it in 6 steps procedure:

Selecting the pricing objectives

Determining demand

Estimating Cost.

Analyzing competitors Cost, Price and Offers.

Selecting a pricing method.

Selecting the final price.

1. Selecting the pricing objectives:

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The more clearly the malls objective, the easier it is to set price. A mall can pursue any of the 5 major objectives through pricing

Survival. Maximum current profit. Maximum market share. Maximum market skimming. Product or quality leadership.

2. Determining demand:

Each price will lead to a different level of demand and therefore have a different impact on malls objectives. In normal case demand and price are inversely related.

3. Estimating Cost:

If the mall want to change a price that covers it’s cost of purchasing products, paying remuneration to the staff, buying machines & other equipments and training program for the staff.

4. Competitors pricing policy:

The malls must take the competitors cost, price and possible price reaction into account. Here by this we mean that the mall must take into consideration the change of other competing mall for the service.

5. Selecting the pricing method:

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There are 5 different pricing methods which are as follow.

Mark Up Pricing Tangent Return Pricing. Perceived Value Pricing. Value Pricing. Going Rate Pricing.

Thus, different malls follow different pricing policies. The pricing is based on different cities. The malls decide the prices for their services according to different groups allocated to cities. All the chains of malls follow the same pricing policy.

Place

If we relate the place with shopping malls, generally we find that shopping malls are generally located in big cities, before most of the people are shifting from rural areas to urban areas. Generally malls are located in the famous areas of city. For example If we take an example of Ahmedabad, we find that most of the malls in Ahmedabad are located on S.G highway.

e.g.

Big Bazaar: Iskcon, Ahmedabad Address: Rudra Point, Near Iskcon Temple, Gandhi Nagar-Sarkhej Highway, Ahmedabad

Promotion

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Meaning:

PROMOTION can be defined as “Activities that communicate the product or service and its merits to target customers and persuade them to buy.

Objectives: To develop personal relation with customer.

There are various promotion tools & each promotion tools has unique characteristic & cost. The different promotion tools are as follow:

ADVERTISERMENT .

There are two types of advertisements.

Information advertisement from which the customers gets aware of the service provided by the malls.

Influencing advertisements which influence the customers to buy the service or product.

Source of Advertisement:

Newspapers. Magazines. Radio. Holdings. TV etc

People

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Each mall wants to differentiate itself from others. Human resource is one of the most important factors in a mall and each organization tries to differentiate it from other with the help of this factor. Good looking, smart executives and salesman can change the mind set of the consumers to increase the sales.

The behavior of customers also matter a lot as they should get all the items or products of a particular brand for which they are looking for in their favourite mall.

Physical Evidence

Physical Evidence is one of the Ps in the 7Ps pf the marketing. This P of marketing has also its importance in the market, First of all physical evidence is a structure or infrastructure which is an important content for any mall. A mall generally has an area of 2 to 5 acre and a parking Slot for at least 150 vehicles.

A mall has good variety of interiors and exteriors like furniture, extra ordinary lighting etc in some malls there are some extra ordinary features like in Himalaya mall in Ahmedabad has a scary house which entertains & attracts children & even youngsters.

Process

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As we surveyed we found that most of the people when first enters the mall visits apparel department and then to accessories section. After that if necessary shops for the FMCG products and at last for any refreshment goes to the food department.

Moreover a person doesn’t plans in advance before visiting a mall. Many times a window shopping becomes an actual one. So the actual process of shopping malls can’t be described.

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Ten shopping malls rank as the world's largest, based on the amount of "Gross Leasable Area"--the number of square feet the property has for revenue-generating activities like retail, dining and amusements. Asia is home to eight of the world's 10 largest malls, six of which were built in the last three years. Rankings are based on statistics from Eastern Connecticut State University, which compiles data from mall management companies.

South China Mall

Location: China

Year Opened: 2004

Gross Leasable Area: 6.2 million square feet

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Golden Resources Shopping Mall

Location: Beijing, China

Year Opened: 2004

Gross Leasable Area: 6 million square feet

Not sprawling, this is a stacked-up five-story mall. Approximately 1,000 stores, selling plenty of familiar global brands like Nike and DKNY. A truly ambitious real estate project, with new apartments and offices, surround the mall. A tough location outside the heart of the city has resulted in disappointing traffic from foreign tourists.

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SM Mall of Asia

Location: Pasay City, Philippines

Year Opened: 2006

Gross Leasable Area: 4.2 million square feet

Includes the first Olympic-sized swimming pool and first IMAX Theater in the Philippines. Spread over four buildings, customers can get around on a 20-seat tram.

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West Edmonton Mall

Location: Edmonton, Alberta, Canada

Year Opened: 1981

Gross Leasable Area: 3.8 million square feet

The biggest in North America, the West Edmonton Mall has over 800 stores, along with attractions like a water park, skating rink, casino and rides.

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SM Mega mall

Location: Mandaluyong City, Philippines

Year Opened: 1991

Gross Leasable Area: 3.6 million square feet

Fun stuff includes bowling, ice skating and a 12-cinema movie theater, along with traditional mall fare like arcade games. Customers can also get a haircut or see a doctor at the Manila clinic.

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Berjaya Times Square

Location: Kuala Lumpur, Malaysia

Year Opened: 2005

Gross Leasable Area: 3.4 million square feet

Built with an adjacent hotel and convention center. In addition to over 1,000 retail shops, the mall includes a 12-story-high roller coaster, plus a pool, skating rink and "Cosmo's World," a children's theme park.

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Beijing Mall

Location: Beijing, China

Year Opened: 2005

Gross Leasable Area: 3.4 million square feet

The first real suburban mall in China, located about an hour from downtown Beijing, this center has four levels with parking for 8,000 cars, plus a man-made beach. Bootlegged DVDs of American movies are a top seller.

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Zhengjia Plaza

Location: Guangzhou, China

Year Opened: 2005

Gross Leasable Area: 3 million square feet

Has been known to attract over half a million shoppers on a good day. Another mixed-use space, the mall has a hotel and office tower in addition to retail stores.

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SM City North Edsa

Location: Quezon City, Philippines

Year Opened: 1985

Gross Leasable Area: 3 million square feet

The first major "mega mall" built by SM Prime Holdings, which now claims three of the largest 10 in the world. It's a five-story complex that boasts over 100 retail outlets and restaurants, along with 12 cinemas, a bowling alley and skating rink. An IMAX theater could be added soon.

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King of Prussia Mall

Location: Philadelphia, Pennsylvania, USA

Year Opened: 1962

Gross Leasable Area: 2.8 million square feet

This product of the original U.S. mall building surge in the early 1960s still survives on the top 10 list, at least until the next big project goes up in Asia. Billing itself as the "premier shopping destination on the East Coast," this mall takes advantage of its location right off the Pennsylvania Turnpike to draw shoppers from New York, New Jersey and Maryland to its 400 stores. Despite a lack of theme parks and other modern amenities, package deals with Radisson Hotels and cross-marketing with nearby attractions like the Revolutionary War encampment at Valley Forge draw out-of-state shoppers looking to get away for a day or two.

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Malls in India Vs Malls in China

China and India are leading a revolution in the shopping centre industry in Asia but investors must have the business acumen, stamina and money to navigate regional markets.

The growth in the shopping mall industry is too fast to be considered an evolution; it's too widespread to be considered a mere growth spurt!

Four shopping malls in China are now larger than the Mall of America in Minnesota, which measures 4.2mn sq ft (378,000 sq m)

By 2010, China is expected to be home to at least seven of the world's 10 biggest shopping centers. China, India and Japan will focus countries outside of their home market.

About China- it is not one market. It can be easily multi-country, so every one city is different. Therefore one needs to adopt a long-term view, one need to have the scales, stamina and capital to invest in a market like this.

There's a big black hole for a lot of foreign investors. The Indian retail market must further open up to foreign players. The market is too hot. The values people are seeing in land are too high,

About India- India is a very good place, incomes are growing but India needs to allow more retailers to go in. Discussions with several international retailers were held who were interested in India, But they are all finding it difficult to go into the market.

Malls in Ahmedabad:

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Mega Malls10 Acres - Ahmedabad City MallAlpha One - AhmedabadGallopsHimalaya MallIscon Mega MallR-CubeHome TownCroma (electronic mall)

Hyper Markets/ Super MarketsBig bazaarStar India bazaarVishal mega martPyramidTru martSubhikshaMore For ‘U’Reliance Fresh

Leading Retailer’s Profile

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RPG Retail

The RPG Group was the first to get into the organized retailing business in India and expand beyond the south, the only region where organized retail flourished with retailers like Nilgiri's, Subhiksha, Viveks etc. RPG Retail was also the first to venture into different formats and categories.

In 1997, a Joint Venture came into existence as RPG Guardian Private Limited to launch the country's first retail chain 'Health & Glow' in the pharmacy and beauty care segment.

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Pantaloon Retail India Ltd.

India's leading retailer, Pantaloon Retail (India) Limited has presence across multiple segments including food, fashion and footwear, home solutions and consumer electronics, books and music, wellness and beauty, general merchandise, telecom and IT, E-tailing, leisure and entertainment and financial products and services. It also plans to launch e-zone, a portal for e-retailing in the near future as another delivery format. Headquartered in Mumbai, PRIL employs over 12,000 people and has a customer base of over 120 million Indians.

Pantaloon Retail (India) Limited is part of Future Group, a diversified conglomerate with presence in multiple consumer-centric businesses.

Capital Land and Pantaloon, through a 50:50 Joint Venture, will set up India's first professional mall-management company, with over 30 million sq.ft of malls under Capital Land management.

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The TATA Group

Trent Ltd's - STAR INDIA BAZAAR Established in 1998 Trent Ltd. is part of the TATA Group India’s premier business house. Trent Ltd. operates the newly launched hypermarket, Star India Bazaar providing a large assortment of high quality products made available at the lowest prices coupled with a unique shopping experience. Star India Bazaar, currently has one store in Ahmedabad.

The new store offers customers a wide choice of products that include staple foods, beverages, health and beauty products, vegetables, fruits, dairy products, consumer electronics and household items at the most affordable prices. Star India Bazaar also includes a large range of fashionable in-house garments for men, women and children, exclusively available at the store.

The food products comprises of staple foods, fresh foods like fruits and vegetables, dairy products, mithai and farsan. There are also special counters and locations for fresh foods. The food section includes oils, ghee, snacks, pickles, noodles pasta, papads, biscuits, chocolates, candies, drinks, jams, jellies, staples and cereals. Interestingly the store also offers an atta chakki for grinding of grains.

The FMCG range comprises of toiletries, personal care and hygiene products. This range also includes soaps, shampoos, toothpaste, toothbrushes, cleaners for floor and much more. The durables and Personal products includes garments for men, women and children, ethnic wear for women, lingerie, nightwear, casual wear and ready to stitch merchandise. Footwear for men, women and children is also available.

The store has an entire section devoted to kitchen and home ware such as steel utensils, plastics, and other kitchen appliances like mixers, microwaves, TV, fridges and much more.

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Pyramid Retail Ltd.

In September 1999, Primal Enterprises made its foray into retail with the launch of three retail concepts: India's first true shopping mall of international standards, called Crossroads (recently sold to Pantaloon); a lifestyle department store called Pyramid Mega store; and a family entertainment centre known as Jammin.

Pyramid Retail is looking at new formats in retailing especially in the area of services. Having forged an alliance with L'Oreal for salons, it is now scouting for a partner in the area of travel services.

Going a step further from its competitors, Pyramid Retail Ltd. will be launching in-house brands for grocery items at its supermarket chain TruMart. The groceries items will be launched under the brand name TruMart Uttam. Pyramid Retail Ltd., a part of the diversified Ashok Primal Group, operates two formats under the brand name of Pyramid Mega store and TruMart. Pyramid Lifestyle is a departmental store where as TruMart is a supermarket retail chain with a predominant presence in Western India.

Vishal Retail Group

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Vishal Mega Mart, a Delhi-based retailer started with selling primarily clothing and accessories. Moving away from franchising Vishal now wants to operate only through company-owned outlets. The group recently launched its first hypermarket in Udaipur. Spread over 25,000 sq ft, the store offers apparel, fashion accessories including perfumes, electrical gadgets and a separate section for grocery products.

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Reliance Retail

. The Reliance group's revenue is estimated to be the equivalent of 3.5 per cent of India's GDP and it is believed to be contributing as much as 17 per cent of the total profits of the private sector in India. Reliance Industries Ltd (RIL) has set a revenue target of $20 billion from its retail venture by 2010 – almost thrice the size of the current organized retail business in the country.

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Iscon Group THE GROUP

Though the ISCON Group has less than 20 years of history behind it, it is already viewed by the real estate industry as a retail innovator; a pioneering force that is today's most compelling and consistently forward - looking self - managed real estate company. It pioneered the concept of centrally a/c malls in Ahmedabad, Surat and Rajkot. The group is now venturing into developing malls, multiplexes and residential properties across India. With the country moving towards organized retail, group has acquired properties at prime locations around the country and strives to provide value to their customers and investors.

With leading national & international brands enables planned zones and exemplary tenant mix. Monthly events like fashion shows, star nights, concerts and festival celebrations are prominent features in all malls. This not only promotes the malls as a sizzling shopping & premier leisure destination but also positions it as a cultural hotspot for the region's youth. ISCON has been honored by the esteemed TATA Group for timely execution of projects.

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Growth of malls in India:

The Indian Government is taking major initiatives to aid growth in the retail sector.

Mall growth is being seen as a clear indicator of the economic prosperity in India. Significantly, the number of malls in the country has increased at a fast pace. And they are doing brisk business. A trip to the local mall (there will be one in every locality soon!) will bear this out.

There’s more good news. This phenomenon is not restricted to major cities of the country alone. It has percolated to the “Tier II” and “Tier III’ cities as well. The contribution of Tier II cities in organized retail sales is expected to be about 20 – 25%.

The benefits of shopping mall...

High quality products available at the lowest prices in the city. Well laid out store – items categorized into departments. Walkway escalator to reach the first floor and also to come down to the

ground floor. Cash & Credit billing at all the ground floors. Gondolas well placed and spaced out with easy to reach product

displays. Clear signage's to guide to the right departments. Bar coded items which disallow any misconduct on both side. State of the art scanners and systems for ease in billing. Variety of products available under one roof which gives an opportunity

of selection to the buyer.

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Barriers in Growth Of Malls In India

UNCERTAIN PICTURE: A view of a mall

According to industry experts, only 10-12 per cent of about 120 operational malls in India have been successful. These are numbers available with various retail and real estate analysts.

Industry experts have attributed issues such as inadequate planning, improper zoning, poor tenant mix and accessibility as major reasons behind the poor performance.

A successful mall is where everyone (developers and retailers) is making money. Unfortunately in India, malls are seen as real estate ventures and people do not appreciate the service part involved in it.

Comparison

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- Vs

It is not a one-day match; it is going to be a long and hard fought Test match. The match that Indian consumers are going to watch, closely with excitement. The Indian retail sector is on the verge of a change, a very big change. This change is going to affect thousands of Kirana storeowners, small and big traders and Indian consumers alike.

Wal-Mart has made a back door entry into India, after trying to enter India on their own. The Indian government’s policies have ensured that they needed a tie-up Indian partner - Bharti Enterprises - to take on World’s second largest consumer market that is growing at breakneck speed.

Bharti Wal-Mart has announced recently their wholesale cash-and-carry and back-end supply chain management operations in India. Through the new venture, the company would serve neighborhood Kirana stores, fruit and vegetable resellers, restaurants and caterers and other business owners, besides catering to the needs of other retailers including Bharti Retail, which would soon be opening its stores in India.

Close to their heels, Reliance Retail has announced their plan of entering the same business segment with plans of supplying to Kirana stores and institutional buyers. The business-to-business initiative from Reliance Retail will see it supplying to other retailers and even small neighborhoods stores.

Both these enterprises know the importance of gaining the foothold into huge Indian Market. They will do anything; use any tactics to ensure the bigger market share.

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The biggest strength of Reliance is its understanding of Indian people and the name itself. On the other hand, Bharti Wal-Mart has huge experience (due to Wal-Mart) in retail business worldwide, may be more than double the closest second player globally.

Whatever said and done, it is going to be a big boon for Indian consumers. The retail sector is getting more organized with such big names getting into picture. This will surely have positive affect on prices FMCG and other goods.

All are following this test match to see who wins the trophy. Winning the high stakes trophy means getting a foothold in the $300 billion Indian market that is dominated by an estimated 12 million mom-and-pop shops, roadside vendors, and outdoor markets. And would create a great set back to all these small vendors.

Future Plans

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Pyramid Retail

Pyramid Retail, a venture of the Rs 3000 crore (Rs 30 billion) Primal Group, plans to launch 117 TruMart stores in Mumbai and Pune by the end of financial year 2010. It is also eyeing a turnover of Rs 2000 crore (Rs 20 billion). At present, Pyramid is eyeing the Maharashtra market to launch independent TruMart outlets, which sell food, home and personal care products. However, the company would continue to launch TruMart, coupled with the Pyramid chain of department stores in other parts of India.

The company has identified 25 clusters where two or three TruMart Dailies with floor space of 1500 to 2000 sq ft will supplement the flagship store with floor space of 6000 sq ft to 8000 square feet.

Pyramid also plans to launch 15 department stores by the end of the year 2008 and 11 other accumulating 27 stores by the end of year 2010. The company has assigned a project of survey to A C Neilson for Chandigarh, Lucknow, Vadodara and Surat for further expansion of its chain.

“To develop network of TruMart outlets we have adopted hub and spokes approach where flagship outlets will sell the products that families buy for their future consumption including confectionery products and beverages while smaller outlets will sell products necessary for day to day consumption such as milk and bread.”

"We have identified about 25 clusters where one flagship TruMart can be supplemented by two to three TruMart Daily. Of the planned 117 TruMart, about 17 will be launched in Pune and rest in Mumbai in the areas identified the company to create clusters," said Nandan Primal, director, PRL.

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TruMart is positioning as the dependable neighborhood store offering genuine value and the propositioning of chain is based on helping customers live .Pyramid is planning to lease places and position the area where there will be favorable deal. He says,” To meet our goals of expansion we are seriously considering an option of raising money from the capital market."

Meanwhile, Pyramid is planning to launch private labels in FHPC and lifestyle segment. The Rs 159 crore (Rs 1.59 billion) Pyramid has been running 7 large Pyramid lifestyle outlets and 33 small convenience stores called TruMart. Together they cover a space of about one million square ft. These formats should complement the discount stores nicely.

It's not hard to see why IBREL is so keen on getting into organized retail. Says Ikroop Singh, CEO, IWS, "The biggest component of the retail business is good quality real estate and since we're in the space, we should be able to run a profitable venture. Earlier we were looking to invest Rs 1,500 crore (Rs 15 billion) on the discount stores but now with Pyramid in our fold, we should be spending about Rs 2,000 crore (Rs 20 billion) in the next two years and a targeting a coverage of six million sq ft."

One of the biggest challenges for any retail player today is getting prime real estate at a reasonable cost, so Indiabulls should have an edge

In a couple of years IBREL hopes to roll out 30 hypermarkets, spread across 100,000-1, 50,000 sq ft and modeled along the lines of the USA's Costco Wholesale stores. The idea is to induce customers to pick up products in larger quantities by offering discounts of as much as 15 per cent or more. Land has been acquired for 20 of these in tier II cities such as Ahmedabad, Jodhpur Kanpur, Patiala and Ludhiana and customers should be able to walk into the one of these stores early next year. Lower property prices in tier II cities will keep operating costs in check.

And at this pace, it won't be surprising if retail overtakes real estate very soon.

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AlphaOne Mall

AlphaOne Ahmedabad, the city’s largest and most spectacular commercial development is slated to come up in the heart of Ahmedabad, on the banks of the Vastrapur Lake. Designed in line with the highly successful global concept of City Centers, the mega project integrates retailing with entertainment, fine dining and hospitality services backed by state-of-the-art infrastructure, to create a world-class retail experience — for customers as well as retailers and marketers.

Broadly, the development will serve as a centrally located dedicated zone for of one million square feet, making it a development that envisages epic proportions.

AlphaOne has been designed by one of India’s foremost architects ARCOP. The project’s underlying retail, entertainment and hospitality. This landmark project spans a total area design philosophy seeks to develop AlphaOne, Ahmedabad as an extension of the Vastrapur Lake recreational zone. Backed by the support of a professionally managed, highly experienced real estate company, AlphaOne Ahmedabad is destined to become a single destination point for the entire city in the years ahead.

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Parsvnath Mall, Ahmedabad

Parsvnath Mall cum Hotel, Ahmedabad has been designed with rare distinction. It takes into account the minutest details of a modern business-n-leisure environment and makes provision for a seamless functioning of facilities. It’s a distinct array of architecture design to facilitate a world class family shopping and entertainment experience and high tech specifications.

Parsvnath Mall cum Hotel, Ahmedabad will have 150 super deluxe rooms and suites. Tastefully furnished and draped in high tech sophistication, it will present the corporate visitor as well as tourist a distinct choice of luxurious lifestyle.

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Concept: Parsvnath Metro Malls

Shopping is one of the most vivid form of community activity, which dates back to the ages of caves and stones. By whatever name it has been known, shopping has always played a pivotal role in changing the face of society, its choices and habits. Shopping in Delhi dates back to the era of Mughals when the same took place amidst the hustle and bustle of the narrow streets of Balli Maran and around the glitters of Chandni Chowk.

After Independence, the growth of Delhi was characterized by Delhi being recognized as the political hub growth of population and conglomeration of people from all sectors of India demanded that the Delhi market being categorized into sectoral modes like Sarojini Nagar, Lajpat Nagar, and Gandhi Nagar Markets etc. With the government opening up the economy in the early 90s, Indian market got fresh impetuous. Integration of shopping hubs led to shops being converted into Plazas, and finally in the fast decade the new shopping extravaganza “The Mall” was unleashed.

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Research Plan

Problem statement:

To find out the awareness and interest level of people in the age group of 21 to 50 in Ahmedabad for visiting and shopping in malls

Research objectives:1. To find out the no. Of malls in Ahmedabad.2. To find out various sections available in malls.3. To find out occupation wise and income wise, preference of people for malls

and their shopping pattern4. To find out average % of people in this age group have visited malls at least

once.5. To find out the most popular mall in Ahmedabad in this age group.6. To find out which is the most visited mall?7. To find out with whom do they usually visit the mall.8. To find out whether this age group really get the kind of product and facilities

in the mall or not.9. To find out the satisfaction level of people in this age group regarding price,

quality, variety, infrastructure, design factor, social factor and promotional factor.

10.To find out whether this age group prefers shopping in mom and pop stores or not.

11.To find out whether this age group are willing to pay any entry fee to visit the malls or not.

12.To find out whether the people of this age group usually shop in the malls or not.

Sampling plan

Sampling unit – People in the Age Group of 21 to 50 years

Sampling size – 1000 People

Sampling procedure – Simple Random Sampling Research Approach – Personal Interaction

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Research Instrument – Questionnaire Questionnaire

We are the students of k.s.school of business management. As a part of

curriculum we are conducting a market research on “Shopping Malls”.

Please tick box or fill the blanks in case of ‘Yes’ response and leave the box blank for ‘No’ response.

The information in the survey will be kept confidential and will be used for research purpose only.

(1)Name: (2)Age group:

21-30 31-40 41-50.

(3)Gender male female

(4)Occupation: service profession business Govt. job House Wife

(5)Income per month below 10000 10000-25000 25000 & above

(6) I have visited at least one mall in Ahmedabad. Yes No

(7) When I think of the malls, the first mall that comes into my mind is, --------------------------------------------------------------- (8) I have visited the following malls of Ahmedabad. Big Bazaar Gallops Star India Bazaar Pyramid Croma Vishal mega mart Home town Tru mart

Himalaya mall Reliance mart

(9) -----------------------is my favorite mall in Ahmedabad. (p.t.o)

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(10) I usually go to the malls with my Friends Family Relatives Alone Acquaintances (11) I usually visit my favourite mall. Once in month On special days On weekends When some schemes are announced.

(12) The department, I like the most in my favourite mall is Food department Cloths department Stationery department Electronic department Accessories department.

(13) I usually shop in the mall , items like Garments Kids wear & items Jewellery Accessories Vegetables & Gains Sport items Shoes

(14) According to me, the price rates in my favourite mall are Very low Reasonable High Very high

(15) When there is any special scheme or discounts given in a particular mall, do I really visit for taking advantage of the same ? Yes No

(16) I usually go mall for Window Shopping Actual Shopping Accompanying guests

(17)I prefer shopping in malls than MOMS & POP STORES (Traditional stores) Yes No

(18) If there is any entry fee, I will still visit the mall. Yes No

(19) Any suggestion regarding mall or its facilities, rates or any issue related to Mall _________________________________________ __________________________________________ Continue……

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(20) Please rank the various service parameters of malls based on Your satisfaction in your favourite mall.

 Highly satisfied Satisfied

Nor satisfied

DissatisfiedHighly Dissatisfied

Nor dissatisfied

(a)Infrastructure:          

- Availability of lights/escalators.           - Basic amenities/washrooms etc.           - Air circulation.           - Lightings.           - Sitting facility.           - Parking facility.          

(b)Design factor:           - Ambience.           - Color combination.           - Exterior.           - Accessories placed in mall.           - Layout.          (c)Social factors:           - Behavior of staff.           - Interaction to customers.           - Guidance to customers.          (d)Promotional factors.           - Schemes.           - Discounts.           - Privilege cards.           - Coupons.          (e)Hygiene factors:           -cleanliness           -personal hygiene of staff           -quality of sent          (f) Availability of products:           -variety           -price           -quality          

-brand          

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Analysis

(6) I have visited at least one mall in Ahmedabad. Yes No

Age Occupation Income

Options 21-30

31-4041-50

service profession business govt.job house wife

upto 10000

10000-25000

25000 & above

yes 25 50 21 18 24 9 13 33 14 22 59no 0 1 4 1 1 1 2 1 4 1 1

From the above we can see that there is very less % of people who haven't visited the mall atleast once. And if we see at the people whose salary is above 25000, 59 % of them have visited the mall atleast once.

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(7) When I think of the malls, the first mall that comes into my mind is, ---------------------------------------------------------------

AgeName of malls 21-30 31-40 41-50Big Bazaar 43 120 56Pyramid 19 36 14Home town 5 56 16Gallops 17 35 24Croma 21 17 11Tru mart 9 29 14Star India Bazaar 18 27 10Reliance mart 68 87 29Vishal mega mart 25 48 26Himalaya mall 37 40 18

If we see the above chart, we can say that in case of 21 to 30 most no. of people{68}, when they think of malls the first mall comes in to their mind is reliance mart, in case of 31 to 40, 120 people think about big bazaar. First even in case of 41 to 50 high no of people think about the big bazaar. There are very less persons in every group who think first for tru mart when they think of malls.

Occupations

K. S. School of Business Management - 82-

Page 83: PROJECT ON SHOPPING MALL

Name of malls Service Profession Business Govt. Job

House wife

Big Bazaar 32 42 8 25 96Pyramid 12 26 8 5 25Home town 18 34 11 9 23Gallops 9 28 10 7 18Croma 7 32 9 13 11Tru mart 5 5 0 8 9Star India Bazaar 21 18 11 23 20Reliance mart 35 26 16 21 66Vishal mega mart 21 21 9 11 38Himalaya mall 17 17 6 9 24

0

20

40

60

80

100

no. Of

persons

Service Profession Business Govt . Job House wife

Bases

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

From the above chart we can see that 96 house wife , when they think of malls the first mall comes. In their mind is big bazaar which is very high in every group. In case of profession only 9 people think about tru mart first and there is average no of people who think first for reliance mart when think of malls.

K. S. School of Business Management - 83-

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Income

Name of mallsupto

1000010000-25000

25000 & above

Big Bazaar 42 48 120Pyramid 12 18 78Home town 5 19 76Gallops 2 21 58Croma 3 12 46Tru mart 8 13 22Star India Bazaar 14 28 38Reliance mart 21 38 68Vishal mega mart 19 25 45Himalaya mall 23 17 36

0

20

40

60

80

100

120

no. of

persons

upto 10000 10000-25000 25000 & above

Bases

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

From the above chart we can see that in case of above 25000, when they think of malls, the first Mall come in their mind is big bazaar then 78 people think for pyramid first, 76 for home town.

K. S. School of Business Management - 84-

Page 85: PROJECT ON SHOPPING MALL

(8) I have visited the following malls of Ahmedabad. Big Bazaar Gallops Star India Bazaar Pyramid Croma Vishal mega mart Home town Tru mart

Himalaya mall Reliance mart

0

50

100

150

200

250

300

no. Of

persons

21-30 31-40 41-50

Age (in years)

Big Bazaar Pyramid Home town Gallops Croma

Tru mart Star India Bazaar Reliance mart Vishal mega mart Himalaya mall

From the above chart we can see that most no. of people of all the age group have visited the big bazzar.in case of 21-30 around 250 people have visited gallops, big bazaar, reliance mart and Himalaya mall. In case of 41-50, there are average 120 people who have visited all the malls except croma, home town and tru mart.

Occupations

K. S. School of Business Management - 85-

AgeName of malls 21-30 31-40 41-50Big Bazaar 270 250 202Pyramid 130 110 100Home town 27 22 24Gallops 246 130 122Croma 89 69 45Tru mart 30 33 29Star India Bazaar 130 167 177Reliance mart 250 210 139Vishal mega mart 118 98 59Himalaya mall 226 142 136

Page 86: PROJECT ON SHOPPING MALL

Name of malls Service Profession Business Govt. Job House wife

Big Bazaar 144 174 144 189 220Pyramid 66 96 74 82 56Home town 15 31 37 27 34Gallops 51 56 45 22 47Croma 23 80 71 41 23Tru mart 18 26 25 24 77Star India Bazaar 86 126 73 122 34Reliance mart 110 150 149 135 123Vishal mega mart 60 78 73 89 56Himalaya mall 49 56 47 69 77

0

50

100

150

200

250

no. of

persons

Service Profession Business Govt . Job House wife

Bases

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

From the above chart we can see that there is similarity between big bazaar and reliance mart.220 housewives have visited the big bazaar. In case of govt. job 120 people have visited star bazaar.

Income

K. S. School of Business Management - 86-

Page 87: PROJECT ON SHOPPING MALL

Name of mallsupto

1000010000-25000

25000 & above

Big Bazaar 216 224 221Pyramid 64 89 133Home town 34 78 87Gallops 98 133 186Croma 45 97 111Tru mart 19 15 21Star India Bazaar 186 176 151Reliance mart 126 205 275Vishal mega mart 79 112 104Himalaya mall 136 147 212

0

50

100

150

200

250

300

no. Of

persons

upto 10000 10000-25000 25000 & above

income per month(rs)

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As shown in the bar graph if we see first the chart for above 25000 then there is high no. of people who have visited big bazaar, reliance mart, gallops and Himalaya mall.

(9) -----------------------is my favorite mall in Ahmedabad.

K. S. School of Business Management - 87-

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020406080

100120140

no. Of

persons

21-30 31-40 41-50

Bases

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

If we see the above chart the group of 31-40 there are 123 people whose favourite mall is big bazaar and 99 people whose favourite mall is reliance mart.

K. S. School of Business Management - 88-

AgeName of malls 21-30 31-40 41-50Big Bazaar 47 123 47Pyramid 7 34 11Home town 2 9 2Gallops 33 49 27Croma 17 38 14Tru mart 1 8 1Star India Bazaar 23 46 11Reliance mart 67 99 46Vishal mega mart 20 59 26Himalaya mall 35 33 25

Page 89: PROJECT ON SHOPPING MALL

Occupations

Name of malls Service Profession BusinessGovt. Job

house wife

Big Bazaar 35 45 24 30 89Pyramid 12 19 4 3 26Home town 7 11 1 3 23Gallops 21 25 6 10 21Croma 8 23 7 7 19Tru mart 2 1 0 2 11Star India Bazaar 16 22 5 21 14Reliance mart 38 51 21 27 53Vishal mega mart 23 19 9 8 42Himalaya mall 13 23 13 14 33

0102030405060708090

no. Of

persons

Service Profession Business Govt . Job house wife

Bases

Big Bazaar Pyramid Home town Gallops Croma

Tru mart Star India Bazaar Reliance mart Vishal mega mart Himalaya mall

From the above chart we can see that 89 house wives like big bazaar. 53 consider reliance mart. And professionals consider pyramid as their favourite.

K. S. School of Business Management - 89-

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Income

Name of malls upto

1000010000-25000

25000 & above

Big Bazaar 57 42 189Pyramid 7 13 47Home town 3 2 23Gallops 4 15 43Croma 2 9 33Tru mart 1 1 2Star India Bazaar 9 19 25Reliance mart 33 67 123Vishal mega mart 14 28 67Himalaya mall 14 26 42

0

50

100

150

200

no.of

persons

upto 10000 10000-25000 25000 & above

Bases

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

We can see from the bar graph that there is not much difference in the choice of people whose salary is below 10000. in case of above 25000 vishal mega mart is considered as their favourite.

(10) I usually go to the malls with my Friends Family Relatives Alone Acquaintances

K. S. School of Business Management - 90-

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Age Occupations Income

Visit mall 21-30

31-41

41-50

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000& above

friends 11 8 5 3 6 3 1 5 1 4 19family 2 16 7 7 9 2 7 13 7 7 14relatives 5 9 4 1 3 1 2 6 2 5 7alone 4 8 4 2 4 1 0 5 1 4 8acquaintances 5 10 2 5 3 2 2 6 3 3 13

From the above chart we can see that 11% people whose age is between 21-30 usually visit the malls with their friends. In case of 31-40 16% of people go with their family, in case of occupation 13% of housewives go with their family in the malls. While in case of salary 33% go in the malls with their friends.

(11) I usually visit my favourite mall.

K. S. School of Business Management - 91-

02468

101214161820

% of

persons

21-30 41-50 profession govt.job upto10000

25000 &above

friends family relatives alone Acquaintances

Page 92: PROJECT ON SHOPPING MALL

Once in month On special days On weekends When some schemes are announced.

Age Occupations Income

Frequency 21-30

31-40

41-50

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

once in month 3 22 9 2 2 4 2 6 3 3 3on specialdays 6 13 4 4 4 2 5 2 5 7 5on weekends 8 10 5 5 6 7 9 4 15 15 16when schemes are there 9 7 3 8 7 6 8 8 9 9 12

0

5

10

15

20

25

% of

persons

21-30 service govt.job 10000-25000

bases

once in month on special days on weekends when schemes are there

From the above chart we can see that in case of people between 21-30yrs. Visit the malls when some schemes are announced. In case of people whose salary is above 25000 16% people go on weekends.

(12) The department, I like the most in my favourite mall is Food department Cloths department Stationery department Electronic department Accessories department.

K. S. School of Business Management - 92-

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Age Occupation Income

Department 21-30

31-40

41-50

service profession business govt.job house wife

upto 10000

10000-25000

25000 &above

food 22 231 87 56 43 14 34 167 78 89 196Cloth 123 123 41 30 37 20 29 96 19 76 86stationary 23 67 29 69 66 34 20 13 13 24 48electronic 77 45 20 10 78 45 19 32 10 34 178accessories 63 29 28 15 21 15 23 22 22 12 123

0

50

100

150

200

250

no.of

persons

21-30 service govt.job 10000-25000

Bases

food dept cloth dept stationary dept electronic dept accessories dept

From the above chart we can see that all the people except professionals like food dept. in case of people earning above 25000 like all the dept.

(13) I usually shop in the mall , items like Garments Kids wear & items Jewellery Accessories Vegetables & Gains Sport items Shoes

K. S. School of Business Management - 93-

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Age Occupation Income

Products 21-30

31-40

41-50

service profession business govt.job house wife

upto 10000

10000-25000

25000 &above

garments 85 122 60 30 43 15 30 67 25 32 121kids wear & item 12 143 45 44 29 12 40 98 55 57 157Jewellery 32 87 34 15 14 8 5 56 2 12 56accessories 25 18 5 21 21 5 5 12 15 21 67vegetables & grains 27 96 37 26 56 21 28 87 47 67 98sports item 30 34 10 34 33 15 20 9 8 18 78shoes 45 45 21 23 45 30 5 11 5 23 49

020406080

100120140160

no. Of

persons

21-30 41-50 profession govt.job upto10000

25000 &above

Bases

garments kids wear & item jwellary accessories vegetables & grains sports item shoes

From the above chart we can see that high no. of people in the age group of 21-30 buy garments the most, in case of 31-40 most people buy kids wear and vegetables. People earning above 25000 buy all the items from the mall.

(14) According to me, the price rates in my favourite mall are Very low Reasonable High Very high

K. S. School of Business Management - 94-

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Age Occupations Income

Criteria 21-30

31-40

41-50

service profession business govt.job Housewife

Upto10000

10000-25000

25000 & above

very low 4 7 3 3 2 2 1 6 0 4 6reasonable 9 27 9 10 11 5 3 14 5 9 39high 7 10 6 2 7 1 5 6 4 7 9very high 6 8 3 2 5 1 4 9 5 2 8

05

10152025303540

% of

persons

21-30 41-50 profession govt.job upto10000

25000 &above

bases

very low reasonable high very high

As shown in the above chart people in the age group of 31-40 27% think that the prices are reasonable but 10 to 13% people of govt. job think that prices are high. People whose salary is above 25000 think that prices are reasonable.

(15) When there is any special scheme or discounts given in a particular mall, do I really visit for taking advantage of the same ? Yes No

K. S. School of Business Management - 95-

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Age Occupations Income

Option 21-30

31-40

41-50 service profession business govt.job

house wife

upto 10000

10000-25000

25000 & above

yes 40 18 27 17 14 12 16 16 20 36 18no 5 3 7 5 1 13 1 4 4 4 18

05

1015202530354045

% of

persons

21-30 41-50 profession govt.job upto10000

25000 &above

bases

yes no

As we can see from the above chart that all the people visit malls to take the advantage of schemes and discounts. In case of people whose salary is above 25000 generally don’t go to take the advantage of schemes and discount.

(16) I usually go mall for Window Shopping Actual Shopping Accompanying guests

Age Occupations Income

K. S. School of Business Management - 96-

Page 97: PROJECT ON SHOPPING MALL

Options 21-30

31-40

41-50

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

window shopping 30 10 20 12 10 10 10 10 10 20 20actual shopping 10 5 7 10 1 7 1 4 4 4 8accompanying guests 5 6 7 5 4 4 6 6 10 17 7

05

1015202530

% of

persons21

-30

31-4

0

41-5

0

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

Age Occupations income

bases

window shopping actual shopping accompanying guests

As shown from the above chart that people of age group 21-30, 35% go in the mall just for window shopping.1 to 4% belonging to govt. job go for actual shopping. People earning above 10000 go for actual shopping or accompanying guest.

(17)I prefer shopping in malls than MOMS & POP STORES (Traditional stores) Yes No

K. S. School of Business Management - 97-

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Age Occupations Income

Options 21-30

31-40

41-50

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

yes 40 18 27 22 14 20 16 16 20 37 27

no 5 3 7 5 1 1 1 4 4 4 8

05

1015202530354045

% of

persons21

-30

31-4

0

41-5

0

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

Age Occupations income

bases

yes

no

As shown in the above bar graph we can see that 40% of people between 21 to 30 prefer shopping in malls 37 % of people earning between 10000 to 25000 prefer shopping malls.

(18) If there is any entry fee, I will still visit the mall. Yes No

K. S. School of Business Management - 98-

Page 99: PROJECT ON SHOPPING MALL

Age Occupations Income

Options 21-30

31-40

41-50

service profession business govt.job house wife

upto 10000

10000-25000

25000 &above

yes 23 23 12 22 14 20 9 11 4 22 27

no 3 29 10 3 1 1 11 8 20 19 8

0

5

10

15

20

25

30

% of

persons

21-30 41-50 profession govt.job upto10000

25000 &above

bases

yes

no

From the above chart we can see that people of 21 to 30yrs are ready to pay entry fees. In case of occupation housewives are not ready to pay any entry fees.

K. S. School of Business Management - 99-

Page 101: PROJECT ON SHOPPING MALL

Problem statement To find out the awareness and interest level of people in the age group of 50 and above in Ahmedabad for visiting and shopping in malls.

Research objectives:

1. To find out the no. Of malls in Ahmedabad.2. To find out various sections available in malls.3. To find out occupation wise and income wise preference of people for malls

and their shopping pattern.4. To find average % of people in this age group(50 and above)have visited malls

at least once.5. To find out the most popular mall in Ahmedabad in this age group.6. To find out which is the most visited mall.7. To find out with whom do they usually visit the mall.8. Usually people in this age group require special kind of product and facilities in

the mall. Thus one of the research is that do they really get the same in the mall or not.

9. To find out the satisfaction level of people in this age group regarding price, quality, variety, infrastructure, design factor, social factor and promotional factor.

10.To find out whether this age group prefers shopping in mom and pop stores or not.

11.To find out whether this age group are willing to pay any entry fee to visit the malls or not.

Sampling plan

Sampling unit – People in the Age Group of 50 years and Above

Sampling size – 1000 People

Sampling procedure – Simple Random Sampling Research Approach – Personal Interaction

Research Instrument – Questionnaire

Questionnaire

K. S. School of Business Management - 101-

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We are the students of k.s.school of business management. As a part of curriculum we are conducting a market research on “Shopping Malls”.

Please tick box or fill the blanks in case of ‘Yes’ response and leave the box blank for ‘No’ response.

The information in the survey will be kept confidential and will be used for research purpose only.

(1)Name:

(2)Age group: 50-60 years above 60 years.

(3)Gender male female

(4)Status of occupation: workings retired

(5)Occupation (if retired than past occupation): service profession business Govt. job House Wife

(6)Income per month (if retired than pension/other income): below 10000 10000-25000 25000 & above

(7) I have visited at least one mall in Ahmedabad. Yes No

(8) When I think of the malls, the first mall that comes into my mind is, --------------------------------------------------------------- (9) I have visited the following malls of Ahmedabad. Big Bazaar Gallops Star India Bazaar Pyramid Croma Vishal mega mart Home town Tru mart

Himalaya mall Reliance mart

(10) -----------------------is my favorite mall in Ahmedabad. (11) I usually go to the malls with my

K. S. School of Business Management - 102-

Page 103: PROJECT ON SHOPPING MALL

Friends Family Relatives Alone Grand children. (12) I usually visit my favourite mall. Once in month On special days On weekends When some schemes are announced.

(13) The department, I like the most in my favourite mall is Food department Cloths department Stationery department Electronic department Accessories department.

(14) I find all the items which I intend to buy in my favorite mall. yes no

If no, which are the items usually I would like to have in malls (If possible name them)

____________________________________________.

If yes, in _____________________ mall I found my required items.

(15) According to me, the price rates in my favourite mall are Very low Reasonable High Very high

(16) When there is any special scheme or discounts given in a particular mall, do I really visit for taking advantage of the same ? Yes No

(17) I prefer shopping in malls than MOMS & POP STORES (Traditional stores) Yes No

(18) If there is any entry fee, I will still visit the mall. Yes No

(19) Any suggestion regarding mall or it’s facilities , rates or any issue related to Mall, _____________________________________________________

(20) Please rank the various service parameters of malls based on

K. S. School of Business Management - 103-

Page 104: PROJECT ON SHOPPING MALL

Your satisfaction in your favourite mall.

 Highly satisfied Satisfied

Nor satisfied

DissatisfiedHighly Dissatisfied

Nor dissatisfied

(a)Infrastructure:          

- Availability of lights/escalators.          

- Basic amenities/washrooms etc.          

- Air circulation.          

- Lightings.          

- Sitting facility.          

- Parking facility.          

(b)Design factor:          

- Ambience.          

- Color combination.          

- Exterior.          

- Accessories placed in mall.          

- Layout.          

(c)Social factors:          

- Behavior of staff.          

- Interaction to customers.          

- Guidance to customers.          

(d) Promotional factors.          

- Schemes.          

- Discounts.          

- Privilege cards.          

- Coupons.          

(e)Hygiene factors:          

-cleanliness          

-personal hygiene of staff          

-quality of sent          

(f) Availability of products:          

-variety          

-price          

-quality          

-brand          

Analysis

K. S. School of Business Management - 104-

Page 105: PROJECT ON SHOPPING MALL

(7) I have visited at least one mall in Ahmedabad. Yes No

Age Occupation Income

Options 50-60above 60

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

yes 33 27 10 9 9 13 19 5 30 25

no 23 17 7 8 3 10 12 19 10 11

05

101520253035

% of

persons

50-6

0

abov

e 60

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

age occupation income

Bases

yes

no

As shown in the above bar graph we can see that in this age group, 33% of people from 50-60 have visited atleast 1 mall in Ahmedabad and as per occupation all most each category of people have visited and 30% of people belonging to income group25000 and above have visited mall at least once.

(8) When I think of the malls, the first mall that comes into my mind is, ---------------------------------------------------------------

K. S. School of Business Management - 105-

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AgeName of malls 50-60 above 60Big Bazaar 98 86Pyramid 22 8Home town 7 9Gallops 21 12Croma 8 5Tru mart 2 1Star India Bazaar 26 22Reliance mart 67 69Vishal mega mart 51 32Himalaya mall 31 23

0

20

40

60

80

100

no.of

years

50-60 above 60

Age (in years)

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As shown in the above bar graph 98 no. of persons belonging to 50-60 yrs of age firstly think of big bazaar and 86 belonging to age group 60 and above.

OccupationName of malls service profession business govt.job house wifeBig Bazaar 13 18 17 34 61

K. S. School of Business Management - 106-

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Pyramid 12 12 12 8 12Home town 7 4 7 9 3Gallops 7 9 11 8 12Croma 9 6 4 5 5Tru mart 2 2 0 1 1Star India Bazaar 13 12 6 12 22Reliance mart 17 13 13 33 34Vishal mega mart 11 11 8 16 27Himalaya mall 7 6 7 8 13

0

10

20

30

40

50

60

70

no.of

persons

service profession business govt.job house wife

occupation

Big Bazaar Pyramid Home town Gallops Croma

Tru mart Star India Bazaar Reliance mart Vishal mega mart Himalaya mall

As per the above bar graph service people think of reliance mart, profession-big bazaar, business-reliance and big bazaar go the same and for house wives-big bazaar.

IncomeName of malls upto 10000 10000-25000 25000 & aboveBig Bazaar 17 78 67Pyramid 2 27 20

K. S. School of Business Management - 107-

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Home town 1 4 21Gallops 1 33 45Croma 3 21 22Tru mart 1 4 1Star India Bazaar 9 23 9Reliance mart 9 67 34Vishal mega mart 6 34 17Himalaya mall 4 12 9

01020304050607080

no. Of

persons

upto 10000 10000-25000 25000 & above

income per month(rs)

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As per the income group 10000-25000 think of big bazaar and reliance mart, and above 25000 think of reliance mart.

(9) I have visited the following malls of Ahmedabad. Big Bazaar Gallops Star India Bazaar Pyramid

K. S. School of Business Management - 108-

Page 109: PROJECT ON SHOPPING MALL

Croma Vishal mega mart Home town Tru mart Himalaya mall Reliance mart

0

50

100

150

200

250

300

no. Of

persons

50-60 above 60

Age (in years)

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As per the age group 50-60 people have visited big bazaar, gallops,reliance mart and above 60 have visited big bazaar and reliance equally.

Occupations

Name of malls Service Profession Business Govt. Job House wife

K. S. School of Business Management - 109-

AgeName of malls 50-60 above 60Big Bazaar 270 250Pyramid 130 110Home town 27 22Gallops 246 130Croma 89 69Tru mart 30 33Star India Bazaar 130 167Reliance mart 250 210Vishal mega mart 118 98Himalaya mall 226 142

Page 110: PROJECT ON SHOPPING MALL

Big Bazaar 124 134 145 177 120Pyramid 34 44 74 56 67Home town 15 31 37 17 14Gallops 51 56 45 22 47Croma 23 80 71 41 23Tru mart 8 6 5 4 7Star India Bazaar 46 67 34 45 34Reliance mart 98 96 88 78 63Vishal mega mart 50 68 63 69 79Himalaya mall 39 46 44 29 33

020406080

100120140160180

no.of

persons

Service Profession Business Govt . Job House wife

Occupations

Big Bazaar Pyramid Home town Gallops Croma

Tru mart Star India Bazaar Reliance mart Vishal mega mart Himalaya mall

As per occupation 124 service persons have visited big bazaar,134 that of profession,88 of business class, star india,78 Govt job people have visited star india,79 house wives reliance mart.

IncomeName of malls upto 10000 10000-25000 25000 & aboveBig Bazaar 166 242 290

K. S. School of Business Management - 110-

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Pyramid 23 89 133Home town 4 45 87Gallops 32 66 186Croma 21 56 111Tru mart 9 21 17Star India Bazaar 71 88 89Reliance mart 68 112 275Vishal mega mart 55 65 147Himalaya mall 43 47 89

0

50

100

150

200

250

300

no. Of

persons

upto 10000 10000-25000 25000 & above

income per month(rs)

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As per income below 10000, 166 have visited big bazaar,10000-25000, 242

big bazaar,above 25000, 290 big bazaar and 275 reliance mart.

(10) -----------------------is my favorite mall in Ahmedabad.

K. S. School of Business Management - 111-

AgeName of malls 50-60 above 60Big Bazaar 110 73Pyramid 7 12Home town 2 9Gallops 23 21Croma 17 17Tru mart 1 8Star India Bazaar 23 46Reliance mart 95 45Vishal mega mart 20 23Himalaya mall 35 13

Page 112: PROJECT ON SHOPPING MALL

0

20

40

60

80

100

120

no. Of

persons

50-60 above 60

Age (in years)

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As per age 50-60 ,110 people like big bazaar, and above 60, 73 like the big bazaar.

K. S. School of Business Management - 112-

OccupationsName of malls Service Profession Business Govt. Job house wifeBig Bazaar 23 17 24 41 66Pyramid 9 4 4 3 16Home town 3 3 1 3 3Gallops 6 8 6 10 11Croma 8 6 7 7 9Tru mart 2 1 0 2 4Star India Bazaar 10 12 5 19 14Reliance mart 19 21 17 27 36Vishal mega mart 11 9 8 8 22Himalaya mall 7 12 13 14 9

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010203040506070

no. Of

persons

Service Profession Business Govt . Job house wife

Occupations

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As shown in the bar graph 23 people like big bazaar, in profession 21 like reliance mart, from business, 24 big bazaar, Govt job 41 like big bazaar,66 house wives like the same.

K. S. School of Business Management - 113-

IncomeName of malls upto 10000 10000-25000 25000 & aboveBig Bazaar 12 67 45Pyramid 4 21 23Home town 1 12 11Gallops 2 22 33Croma 1 9 17Tru mart 1 1 2Star India Bazaar 9 19 19Reliance mart 9 87 67Vishal mega mart 7 38 16Himalaya mall 7 26 12

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0

20

40

60

80

100

no.of

persons

upto 10000 10000-25000 25000 & above

income per month(rs)

Big Bazaar Pyramid Home town Gallops

Croma Tru mart Star India Bazaar Reliance mart

Vishal mega mart Himalaya mall

As per the bar graph below 10000 like big bazaar, 67 of 10000-25000 like big bazaar ,87of 10000-25000 like reliance, above 25000 67 like reliance mart.

(11) I usually go to the malls with my Friends Family Relatives Alone Grand children.

Age Occupation Income

K. S. School of Business Management - 114-

Page 115: PROJECT ON SHOPPING MALL

Visit mall 50-60

above 60

service profession business govt.job house wife

upto 10000

10000-25000

25000 & above

family 22 11 4 3 2 4 9 3 16 9friend 5 2 3 4 4 4 6 2 7 10relative 3 1 2 3 4 6 3 1 4 6alone 1 2 0 0 1 2 1 1 3 2grand child 24 30 8 6 5 7 12 3 21 15

0

5

10

15

20

25

30

% of

persons

50-60 service business housewife

10000-25000

Bases

family friend relative alone grand child

As per the bar graph 30% of people of above 60 yrs go to malls with grand children,12% housewives go alone ,21% of people earning 10000-25000 also go to malls alone.

(12) I usually visit my favourite mall. Once in month On special days On weekends When some schemes are announced.

Age Occupation Income

K. S. School of Business Management - 115-

Page 116: PROJECT ON SHOPPING MALL

Frequency 50-60

above 60

service profession business govt.job house wife

upto 10000

10000-25000

25000 & above

once in a month 24 28 6 8 3 13 16 2 25 14

on weekends 11 6 2 2 3 2 3 1 9 15

on special days 7 5 3 2 4 3 5 2 5 5when schemes are announced 13 6 6 4 5 5 8 4 11 7

05

1015202530

% of

persons50-6

0

above 6

0

serv

ice

pro

fessio

n

busin

ess

govt.

job

house

upto

10000-

25000

&

age occupation income

Bases

once in a month on weekends on special days when schemes are annouce

As shown in the above bar graph 24% of people of 50-60 yrs like to visit malls once in a month, 60 and above 28% like to visit once in a month.

(13) The department, I like the most in my favourite mall is Food department Cloths department Stationery department Electronic department Accessories department.

Age Occupation Income

K. S. School of Business Management - 116-

Page 117: PROJECT ON SHOPPING MALL

Departments50-60

above 60 service profession business govt.job

house wife

upto 10000

10000-25000

25000 & above

Food 123 127 37 26 27 56 110 11 110 78Cloth 109 54 24 17 26 23 49 27 87 55Stationary 41 11 7 21 9 10 6 9 28 13Electronic 33 52 19 23 16 37 21 6 59 51Accessories 45 23 13 12 11 12 6 5 32 47

020406080

100120140

no. Of

persons50

-60

abov

e 60

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0

&

age occupation income

Bases

food dept cloth dept stationary dept electronic dept accessories dept

As shown in the above bar graph 127 people of 60 yrs and above like food dept.; 110 housewives like the same; 110 earning 10000-25000 also like the same.

(14) I find all the items which I intend to buy in my favorite mall. yes no

Age Occupation Income

Options 50-60

above 60

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

yes 39 21 8 7 9 16 20 2 33 22

K. S. School of Business Management - 117-

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no 17 24 9 8 5 7 12 7 17 19

05

10152025303540

% of

persons

50-6

0

abov

e 60

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

age occupation income

Bases

yes

no

As we see in the above bar graph 39% of people find all items in malls,20% of house wives find all the items, while people earning 10000-25000 also find all items in their favorite mall.

(15) According to me, the price rates in my favourite mall are Very low Reasonable High Very high

Age Occupation Income

Options 50-60

above 60

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

very low 4 5 3 3 2 2 2 1 4 11

K. S. School of Business Management - 118-

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reasonable 26 27 7 7 9 9 23 2 29 16high 15 9 3 4 3 7 3 5 15 8very high 11 5 4 2 2 5 4 1 2 6

0

5

10

15

20

25

30

% of

persons50

-60

abov

e 60

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

age occupation income

Bases

very low

reasonable

high

very high

As we see in the above bar graph 27% of people of above 60 yrs have a perception that price in malls are reasonable,23% of housewives have similar perception, people earning 10000-25000 have similar perception.

(16) When there is any special scheme or discounts given in a particular mall, do I really visit for taking advantage of the same ? Yes No

Age Occupation Income

Options 50-60

above 60

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

yes 50 33 13 11 4 15 24 8 35 24no 6 11 4 5 10 8 8 1 16 17

K. S. School of Business Management - 119-

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05

101520253035404550

% of

persons

50-6

0

abov

e 60

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

age occupation income

Bases

yes

no

As shown in the above bar graph 50% of people 50-60 yrs take the adv. Of special schemes, 24%of housewives take the advantage and 35% of people earning do the same. This response is lowest from people earning below 10000.

(17) I prefer shopping in malls than MOMS & POP STORES (Traditional stores) Yes No

Age Occupation Income

Options 50-60

above 60 service profession business govt.job

house wife

upto 10000

10000-25000

25000 & above

yes 22 24 5 11 10 13 19 2 22 33no 34 20 11 4 4 9 13 7 28 8

K. S. School of Business Management - 120-

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05

101520253035

% of

persons

50-6

0

abov

e 60

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

age occupation income

Bases

yes

no

As we see in the above bar graph people above 60 yrs prefer shopping in mom & pop stores, 19% of housewives don't prefer shopping in mom& pop stores, 33% of people earning 25000 and above also don't prefer shopping in malls.

(18) If there is any entry fee, I will still visit the mall. Yes No

Age Occupation Income

Options 50-60

above 60

service profession business govt.jobhouse wife

upto 10000

10000-25000

25000 & above

yes 15 9 8 8 9 13 15 1 22 24no 41 35 9 8 5 9 17 8 28 17

K. S. School of Business Management - 121-

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05

1015202530354045

% 0f

persons

50-6

0

abov

e 60

serv

ice

prof

essi

on

busi

ness

govt

.job

hous

e

upto

1000

0-

2500

0 &

age occupation income

Bases

yes

no

As we see in the above bar graph 41% of people of 50-60 yrs won't visit malls if there is an entry fee, neutral response from as per the occupation, even people earning 10000-25000 have equally responded, 22% say yes and 28% say no.

Analysis of Question no. 20 for Total Data

Infrastructure   

particulars gradesavailability of escalators 1908basic amenities 1894air circulation 1160

K. S. School of Business Management - 122-

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lightings -407sitting facilities -1170parking facility 174

-1500

-1000

-500

0

500

1000

1500

2000

2500

availability of escalators

basic amenities

air circulation

lightings

sitting facilities

parking facility

As shown in the bar graph we can see that most people are highly satisfied with basic amenities(1894) availability of escalators(1908), and air circulation(1160) but dissatisfaction arises in sitting facilities(-1170)

Design factor   Particulars Gradesambience 1254colour combination 1668exterior 1447accessories placed in mall 1885layout 1984

K. S. School of Business Management - 123-

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0

500

1000

1500

2000

2500

ambience

colour combination

exterior

accessories placed inmall

layout

As shown in the bar graph people are satisfied with all the parameters like ambience(1254), layout(1984) etc.

social factorparticulars gradesBehavior of staff 1799Interaction with customer 1954Guidance 2024

K. S. School of Business Management - 124-

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1650

1700

1750

1800

1850

1900

1950

2000

2050

behaviour of staff

interaction withcustomer

guidance

As shown in the above bar graph people are not discriminating the parameters of the social and are highly satisfied.

social factorparticulars gradesBehaviour of staff 1799Interaction with customer 1954Guidance 2024

K. S. School of Business Management - 125-

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0

200

400

600

800

1000

1200

1400

1600

1800

schemes

discount

privilege cards

coupons

As shown in the above bar graph the satisfaction level among all the parameters is almost equal but we can see that respondents are highly satisfied with coupons cards(1582) and schemes(1566) whereas satisfaction level decreases in case of discounts(1217).

Hygiene factorsParticulars Gradescleanliness of malls 1198personal hygiene of staff 1344quality of sent 1126

K. S. School of Business Management - 126-

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1000

1050

1100

1150

1200

1250

1300

1350

1400

cleanliness of malls

personal hygiene of staff

quality of sent

As shown in the above bar graph people are satisfied with the parameters but a bit of dissatisfaction are seen in cleanliness (1198).

Availability Of Productsparticulars gradesvariety 1633price 1563quality 1820brand 1973

K. S. School of Business Management - 127-

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0

500

1000

1500

2000

2500

variety

price

quality

brand

As shown in the above bar graph highest satisfaction is seen in quality(1820) and branded products(1973) whereas people are not satisfied with the prices(1563) and variety(1633).

K. S. School of Business Management - 128-

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1. Many people have suggested that there is always a problem in the parking and as per our view there should be an improvement in the parking facility in hyper markets eg, Big Bazar, Star Bazar

2. One more problem was found that the payment counters are less in the hyper markets so people have to stand in a long queue which creates chaos.

3. One of the most important problems in malls is that there is no proper sitting facility for people. As per our research we come to a suggestion that there should be proper sitting facility for at least senior citizens.

4. Another suggestion given by the visitors is that, at the time of special occasions like festivals, events, etc., more people come to take the advantage of the schemes and discounts, so on that particular day there should be more number of staff to provide proper services to the customers.

5. On special occasions, in order to attract more number of customers and to retain the loyal customers malls can offer gifts and vouchers along with discounts and schemes.

K. S. School of Business Management - 130-

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1. Research is limited to Ahmedabad city only.2. Research is conducted by us on the bases of current knowledge of Marketing

Research.3. The survey is limited to 2000 respondent only because of time constraint.4. Some of the questionnaire which were filled by senior citizens – those who

have not even visited the malls

K. S. School of Business Management - 132-

Page 134: PROJECT ON SHOPPING MALL

This project has given us a golden opportunity to bridge the gap between theoretical knowledge and practical knowledge. Our visit to malls of Ahmedabad clarified our basic concepts regarding the operations of malls.

During the course of our project work, we also learn how to get along with each other and co-operate in order to achieve our goals. It developed the feeling of team spirit among us.

Last but not the least it was fun to indulge in the joy of visiting malls together and observe firsthand the processes which are involved in the marketing of items and Brands by malls.

K. S. School of Business Management - 134-

Page 136: PROJECT ON SHOPPING MALL

BOOK

MARKETING MANAGEMENT BY PHILIP KOTLLER

NEWS PAPER

THE TIMES OF INDIA

DIVYA BHASHKAR

ECONOMIC TIMES

DNA MONEY

MAGAZINS

THE WEEK

SUNDAY INDIA

SAFARI (GUJARATI)

K. S. School of Business Management - 136-