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    Comparative Study on Profitability Drivers of Indian Retail Industry and theirformats and challenges to unorganized retails in the current scenario.

    Submitted to: Mrs. Anshu Sharma

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    INDEX

    CONTENTS PAGE NO

    Acknowledgement 4

    Preface 5

    Todays Retail in India 6 - 8

    Key Points of Indian Organised Retail Industry 9

    Formats in Indian Organized Retail Sector 10

    Top Major Retail Players in India 11

    Objectives of the Study 12

    PHASE-I

    Scope of the Study 14

    Research Methodology 15 - 16

    Limitations of the Study 17

    Research problem and its relevance 18

    Name of the Stores 19

    Vishal Mega Mart 20 - 30

    Big Bazaar 31 - 40Lifestyle 41 - 48

    Comparative analysis of the Stores 49 - 56

    PHASE-II

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    Great India Place 58 - 61

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    ACKNOWLEDGEMENT

    First of all we would like to thank Mrs. Anshu Sharma (FacultyMember) for giving us the opportunity to do the project on

    comparative study on Indian organised Retail Industry and their

    formats and threats to unorganized retails in the current scenario in

    India.Her extended views on the Indian Retail Industry help us with

    assistance, support and council without, which this project would not

    have been materialized.

    We would also like to express our special thanks to all the Staffs of the

    Vishal Mega Mart, Big Bazaar, Life Style and Pantaloon Retails and also

    the various owners of Kirana Stores for their excellent support and co-

    ordination without which this study could not be fulfilled.

    Thanks

    GROUP-8H-SECTION.Sanjeev Chauhan

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    PREFACE

    We are lucky that, we got the opportunity for making the project

    report on Comparative Study on Profitability Drivers of Indian Retail

    Industry and their formatsand challenges to unorganized retails in

    the current scenario. For this study we visited the Malls, Hyper

    Markets and Departmental Stores and in New Delhi and Noida and talk

    to various unorganized retailers (Kirana stores) to study the problems

    defined. This report is written account of what we learnt andexperienced during the survey. We wish, those going through it will

    not only find it readable but also get as useful Information. The main

    limitation of our experience was that as the above said organised

    retails industry is reserved with corporate formalities, we had faced a

    little bit difficulties to fill the questionnaire completely.

    Retailing is emerging as a sunrise industry in India and its presently

    the largest employer after agriculture. In the year 2004, the size of

    Indian organized retail industry was Rs 28,000 Crores, which was only

    3% of the total retailing market.

    The sunrise of the organised retailers in India creates a major turn in

    the retail industry. Top major organised retail players are increasing

    their market share day by day. Their main focus is based on FMCG and

    consumer durables. With modernization, Indian culture is aping the

    western dressing sense and lifestyle and these techniques is promoting

    by the Retailers and by this they are generating a remarkable revenue

    from the Indian consumers.

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    Todays Retail in India

    Comprised of organized and traditional retail formats, Indian Retail

    market is estimated to be worth US$ 511 billion, and is poised to growto US$ 833 billion by 2013. The organised retail that currently

    accounts for less than 5 per cent of the total retail market is expected

    to register a compound annual growth rate (CAGR) of 40 per cent and

    swell to US$ 107 billion by 2013.

    A report by global consultancy firm, AT Kearney said "The consumer

    spending in India has increased by an impressive 75 per cent in thelast four years and will quadruple in the next 20 years." Moreover,

    India recently topped the Nielsen Global Consumer Confidence study,

    conducted by Nielsen, a market research company. The biannual

    report revealed that Indians are "the most optimistic lot globally who

    think that their country will be out of the economic recession in the

    next twelve months."

    However the size of Organised Retail in India will exceed US$22bn

    mark from current level of about US$4bn with its space requirement

    touching over 220mn sq. ft., by 2010, according to The Associated

    Chambers of Commerce and Industry of India (ASSOCHAM). In a

    Paper brought out by ASSOCHAM on `Retail Scenario in India and Its

    Related Issues, it has been stated that approx. 40mn sq. ft. is

    currently generating a business of about US$4bn in organized retail.

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    Indias vast middle-class and its almost untapped retail industry are

    key attractions for global retail giants wanting to enter newer markets

    and India provides for the ideal locations. Since, Delhi and its suburbs

    have so far seen the growth of 100 bigger and smaller malls, roughly

    600 new malls are coming up in other metropolis and large townships

    in which less than 35% of retail business is going to be transacted.

    It is seen that over 1000 malls are in the pipelines for smaller

    townships in which the retail sector is projected to grow at over 60%

    because of ample availability of land and increased purchasing power

    of the folks living in those areas because of increased economic

    activities. Naturally, the large players will prefer to go there and put

    up their shops by sourcing their supplies from the places convenient to

    them.

    Some of the key areas in which retail boom will prevail in towns

    beyond metros and even large cities will include food items, FMCG

    products, grocery, sportswear, outerwear, tailored clothing, eyewear,

    watches, footwear and accessories and the like. The retail business

    that will pre-dominantly stay with malls put up in metros and large

    cities will include apparel, pharmaceuticals, luxury goods and

    consumer durables.

    Changes should be brought about in Agricultural Produce Marketing

    Committee (APMC) Act (a key contributor to the large number of

    intermediaries) such as the introduction of contract farming andallowing direct procurement from farmers by retail owners so that a

    direct chain is established between the user and farmers for their

    equal benefits. It also highlights, pointing out that even in the case of

    non-agricultural products such as apparel, FMCG and general

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    merchandise, the situation is far from ideal.

    The key cause for inefficiency is the poor integration between the

    retailer and supplier. None of the retailers, in view of ASSOCHAM has

    so far an automated system for information exchange with their

    suppliers. In developed countries, retailers practice Vendor

    Management Inventory (VMI) systems, where the supplier has access

    to the point of sales data of the retailer and plans automatic

    replenishments responding to the stocks available at the retailer.

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    Key Points of Indian Organised RetailIndustry

    1. Potential to be the third largest economy in terms of GDP in next few

    years .

    2. It ranks high amongst the top 10 FDI destinations of the world .

    3. Fastest growing tourist market in Asia.

    4. World bank states, India to be worlds second largest economy afterChina by the year 2050.

    5. Stable and investor friendly Central Government at the helm of affairs.

    6. Introduction of Value Added Tax or VAT and tax reforms.7. High degree of professionalism and corporate ethics.

    8. Excellent Investment opportunities in Indian retail sector and in alliedsectors; sure and high returns on investments.

    9. To invest US $130 billion for the development of infrastructure, byyear 2010.

    10. Bullish stock markets.

    11. Hordes of foreign investors are thronging in to invest in Indian retailmarkets.

    12. Highly educated English speaking young workforce.

    13. Vibrant and multi cultured cities.

    14. Huge opportunity exists, especially in semi-rural and rural areas.

    15. Till date the second largest employer after agriculture sector, for thehuge semi-skilled Indian population.

    16. Offers highest shop density in the whole world.

    17. Having almost 1,20,000 shops, across the length and breadth of thecountry.

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    Formats in Indian Organized Retail Sector

    1. Supermarkets: A supermarket, also called a grocery store is a

    self-service store offering a wide variety of food and householdmerchandise, organized into departments. It is larger in size and has a

    wider selection than a traditionalgrocery storeand it is smaller than a

    hypermarketorsuperstore.

    2. Hypermarkets: A hypermarket is a superstorewhich combines a

    supermarketand a department store. The result is a very large retail

    facility which carries an enormous range of products under one roof,including full lines of groceries and general merchandise. In theory,

    hypermarkets allow customers to satisfy all their routine weekly

    shopping needs in one trip.

    3. Department Stores: A department store is a retailestablishment

    which specializes in satisfying a wide range of the consumer's personal

    and residential durable goods product needs; and at the same timeoffering the consumer a choice multiple merchandise lines, at variable

    price points, in all product categories. Department stores usually sell

    products including apparel, furniture, appliances, electronics, and

    additionally select other lines of products such as paint, hardware,

    toiletries, cosmetics, photographic equipment, jewelery, toys, and

    sporting goods. Certain department stores are further classified as

    discount department stores. Discount department stores commonlyhave central customer checkout areas, generally in the front area of

    the store. Department stores are usually part of aretail chainof many

    stores situated around a country or several countries.

    http://en.wikipedia.org/wiki/Self-servicehttp://en.wikipedia.org/wiki/Self-servicehttp://en.wikipedia.org/wiki/Retailing#Retail_typeshttp://en.wikipedia.org/wiki/Retailing#Retail_typeshttp://en.wikipedia.org/wiki/Foodhttp://en.wikipedia.org/wiki/Foodhttp://en.wikipedia.org/wiki/Grocery_storehttp://en.wikipedia.org/wiki/Grocery_storehttp://en.wikipedia.org/wiki/Grocery_storehttp://en.wikipedia.org/wiki/Hypermarkethttp://en.wikipedia.org/wiki/Hypermarkethttp://en.wikipedia.org/wiki/Superstorehttp://en.wikipedia.org/wiki/Superstorehttp://en.wikipedia.org/wiki/Superstorehttp://en.wikipedia.org/wiki/Big-box_storehttp://en.wikipedia.org/wiki/Big-box_storehttp://en.wikipedia.org/wiki/Supermarkethttp://en.wikipedia.org/wiki/Supermarkethttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Retailinghttp://en.wikipedia.org/wiki/Retailinghttp://en.wikipedia.org/wiki/Grocery_storehttp://en.wikipedia.org/wiki/Grocery_storehttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Retailhttp://en.wikipedia.org/wiki/Retailhttp://en.wikipedia.org/wiki/Merchandise#Product_linehttp://en.wikipedia.org/wiki/Merchandise#Product_linehttp://en.wikipedia.org/wiki/Apparelhttp://en.wikipedia.org/wiki/Apparelhttp://en.wikipedia.org/wiki/Furniturehttp://en.wikipedia.org/wiki/Furniturehttp://en.wikipedia.org/wiki/Appliancehttp://en.wikipedia.org/wiki/Appliancehttp://en.wikipedia.org/wiki/Electronicshttp://en.wikipedia.org/wiki/Electronicshttp://en.wikipedia.org/wiki/Painthttp://en.wikipedia.org/wiki/Painthttp://en.wikipedia.org/wiki/Hardwarehttp://en.wikipedia.org/wiki/Hardwarehttp://en.wikipedia.org/wiki/Cosmeticshttp://en.wikipedia.org/wiki/Cosmeticshttp://en.wikipedia.org/wiki/Jeweleryhttp://en.wikipedia.org/wiki/Jeweleryhttp://en.wikipedia.org/wiki/Toyhttp://en.wikipedia.org/wiki/Toyhttp://en.wikipedia.org/wiki/Sporting_goodshttp://en.wikipedia.org/wiki/Sporting_goodshttp://en.wikipedia.org/wiki/Checkouthttp://en.wikipedia.org/wiki/Checkouthttp://en.wikipedia.org/wiki/Retail_chainhttp://en.wikipedia.org/wiki/Retail_chainhttp://en.wikipedia.org/wiki/Retail_chainhttp://en.wikipedia.org/wiki/Retail_chainhttp://en.wikipedia.org/wiki/Checkouthttp://en.wikipedia.org/wiki/Sporting_goodshttp://en.wikipedia.org/wiki/Toyhttp://en.wikipedia.org/wiki/Jeweleryhttp://en.wikipedia.org/wiki/Cosmeticshttp://en.wikipedia.org/wiki/Hardwarehttp://en.wikipedia.org/wiki/Painthttp://en.wikipedia.org/wiki/Electronicshttp://en.wikipedia.org/wiki/Appliancehttp://en.wikipedia.org/wiki/Furniturehttp://en.wikipedia.org/wiki/Apparelhttp://en.wikipedia.org/wiki/Merchandise#Product_linehttp://en.wikipedia.org/wiki/Retailhttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Grocery_storehttp://en.wikipedia.org/wiki/Retailinghttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Supermarkethttp://en.wikipedia.org/wiki/Big-box_storehttp://en.wikipedia.org/wiki/Superstorehttp://en.wikipedia.org/wiki/Hypermarkethttp://en.wikipedia.org/wiki/Grocery_storehttp://en.wikipedia.org/wiki/Foodhttp://en.wikipedia.org/wiki/Retailing#Retail_typeshttp://en.wikipedia.org/wiki/Self-service
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    4. Shopping malls: A shopping mall or shopping centre is a building

    or set of buildings which contain retail units, with interconnecting

    walkwaysenabling visitors to easily walk from unit to unit.

    5. Specialty Chains: A Specialty Chains is numbers stores which are

    specialized in a specific range of merchandise and related items. Most

    stores have an extensive width and depth of stock in the item that

    they specify in and provide high levels of service and expertise. They

    differ from department stores and supermarkets which carry a wide

    range of merchandise.

    http://en.wikipedia.org/wiki/Retail_unithttp://en.wikipedia.org/wiki/Retail_unithttp://en.wikipedia.org/wiki/Walkwayhttp://en.wikipedia.org/wiki/Walkwayhttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Supermarkethttp://en.wikipedia.org/wiki/Supermarkethttp://en.wikipedia.org/wiki/Supermarkethttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Walkwayhttp://en.wikipedia.org/wiki/Retail_unit
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    TOP MAJOR RETAIL PLAYERS

    Retailer Existing formats Brand NamesNo.ofStores

    Total Retail

    Space(000 sq ft)

    PantaloonRetail Indian

    Ltd

    Department store Pantaloon 13 1,948

    Hypermarket Big Bazaar 450 5000

    Seamless Malls Central 12 1200

    RPG Retail

    Hyper markets Spencers 400 6000

    Music Stores Music world 225 230

    books Stores Books and Beyonds

    ShoppersStop Ltd.

    Department stores Shoppers Stop 20 1000

    Books & MusicStores Crosswords 33 N/A

    Home furnishing Home Stop N/A N/A

    LandmarkGroup (Based

    in Dubai)Department Stores Lifestyle 8 370

    Trent IndiaLtd

    Department Stores West side 19 350

    Hypermarkets Star India Bazaar 1 N/ABooks & Music

    StoresLand Mark 4 N/A

    Vishal Group Hyper markets Vishal Mega Mart 183 13,45

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    OBJECTIVES OF THE STUDY

    Phase-I

    This project is based on the comparative study of Indian RetailIndustry on the basis of three parameters:

    (a) Customer Flows.(b)Revenue per Customer.(c) Stock of the Store.

    Objective:Know the customer flow and revenue generated by the stock from theeach department in the organised retail sector within a closer view.

    PHASE-II

    Determine various shops and classify them into the Retail formats.

    Objective:Know the retail formats and what are the difference between thosecategories.

    PHASE-IIIAnalyze the threats and challenges to unorganized retailers in thecurrent scenario of competitive market.

    Objective:

    Understand the sector of unorganized retails, find out the challengesfaced by them and determine what are the measures taken by theseretailers to survive in this current scenario.

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    PHASE-I

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    SCOPE OF THE STUDY

    The scope of my study restricts itself to analyze the organised

    retailers profitability drivers on the basis of Garments, Gifts, Cards

    and Music Department where as in the recent trend its seen that the

    key players in this Industry are more emphasizing on the Garments,

    Personal Grooming, Home furnishings, Life style and Footwear

    Departments in their Stores.

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    RESEARCH METHODOLOGY

    This chapter describes the methodology of the study. This project is

    based on information collected from primary sources. After the

    detailed study, an attempt has been made to present comprehensive

    analysis of four major organised retailers. The data had been used to

    cover various aspects like inter-departmental customer flows, revenue

    per customer and value of the stock in the various departments. In

    collecting requisite data and information regarding the topic selected,

    we went to the Vishal Mega Mart, Life Style, and Big Bazaar of New

    Delhi and Noida and collected the data.

    Research design:

    The study is based on descriptive research design because the data

    were collected to reveal accurate descriptions of variables related tothe decisions being faced, without demonstrating that some

    relationship exists between variables. For the purpose of present study

    a related sample of stores were selected on the basis of convenience.

    Sample Size and Design:

    A sample of 3 stores was taken on the basis of convenience.

    Research Period:

    Research work is only carried for 2 monts.

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    Research Instrument:

    This work is carried out through self-administered questionnaires. Thequestions included were close ended with Ordinal-polytomous

    response scale.

    Data Collection:

    The data, which is collected for the purpose of study, is divided into 2

    bases:

    Primary Source: The primary data comprises information

    survey of Comparative Study on Profitability Drivers of

    Indias Retail Industry. The data has been collected directly

    from respondent with the help of structured questionnaires.

    Secondary Source:The secondary data was collected from

    internet and references from Library and various journals on

    retail industry.

    Data Analysis:

    The data is analyzed on the basis of suitable tables by using

    mathematical techniques. The technique that we have used is bargraphs, pie charts, with MS-EXCEL and SPSS.

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    RESEARCH PROBLEM AND ITS RELEVANCE

    RESEARCH PROBLEM:

    Determine the profitability drivers on the basis of:

    Customer flows.

    Revenue per Customer.

    Stocks value of the store.

    RELEVANCE OF THE RESEARCH:

    Understand the value of Indian organised retail Industry on the basisof how customer flow generates the revenue related to its value of

    stock and analyze the ways to improve each of three dimensions.

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    Name of the Stores

    The study is being conducted on:

    (i) Vishal Mega Mart, Ghar road.

    (ii) Big Bazaar, PVS.

    (iii) Lifestyle International, Ghar road.

    (iv) Various unorganized retailers in Meerut.

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    VISHAL MEGA MART

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    What started as a humble one store enterprise in 1986 in Kolkata istoday a conglomerate encompassing 183 showrooms in 110 cities / 24states. Indias first hyper-market has also been opened for the Indianconsumer by Vishal. Situated in the national capital Delhi this storeboasts of the singe largest collection of goods and commodities soldunder one roof in India.

    The groups philosophy is integration and towards this end has

    initiated backward integration in the field of high fashion by setting up

    a state of the art manufacturing facility to support its retail endeavors.

    Vishal is one of fastest growing retailing groups in India. Its outletscater to almost all price ranges. The showrooms have over 70,000products range which fulfills all your household needs, and can becatered to under one roof. It is covering about 29, 90, 146 sq. ft. in 24states across India. Each store gives you international quality goodsand prices hard to match. The cost benefits that is derived from thelarge central purchase of goods and services is passed on to theconsumer.

    There are three classes of consumers the lower class is restricted onlyto unorganized retail, upper class consumers are limited and scattered.According to the Vishal Retailing Strategy, they are targeting middleclass as it is the largest consumer base in India and can be sold offthen in large volumes because with the increasing purchasing powerthe middle class is shifting towards organized retail.

    The group had a turnover of Rs. 1463.12 million for fiscal 2005, underthe dynamic leadership of Mr.Ram Chandra Agarwal . The group had aturnover of Rs 2884.43 million for fiscal 2006 and Rs. 6026.53 million

    for fiscal 2007.

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    ANALYSIS OF THE STUDY

    Types of Customer:

    There are three types of consumer in the Indian retail market. Vishal

    mega mart is a firm believer of that the Middle class and upper middle

    class are the potential customer in their product categories.

    Here we are analyzing which income level of customers are generally

    tend to purchase the products department wise:

    PERCENTAGE OF TYPES OF CUSTOMER DEPARTMENT WISE

    TYPES OF CUSTOMER

    GARMENT

    SECTION

    GIFTS

    SECTION

    MUSIC

    SECTION

    CARDS

    SECTION

    HIGH GRADE INCOME LEVEL 10 40 60 0

    MEDIUM GRADE INCOME LEVEL 60 50 30 50

    AVERAGE GDARE INCOME LEVEL 30 10 10 50

    0%

    20%

    40%

    60%

    80%

    100%

    GARMENT

    SECTION

    GIFTS

    SECTION

    MUSIC

    SECTION

    CARDS

    SECTION

    TYPES OF CUSTOMER

    AVERAGE GDARE INCOME LEVEL

    MEDIUM GRADE INCOME LEVEL

    HIGH GRADE INCOME LEVEL

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    From the above details its found that the customer flows in the

    garment section is relatively high rather than the other sections. The

    focus customer group is basically medium level income group of

    customers.

    Flow of customers in different departments:

    Here we have analyzed the flow of customers per day basis. For this

    reason we have studied customer flows on an average of high

    customer flow days.

    Inter-Department Customer Flow

    DEPARTMENT Number of Customer

    GARMENTS DEPARTMENT 900

    GIFTS DEPARTMENT 250

    CARDS DEPARTMENT 100

    MUSIC DEPARTMENT 300

    From the above figures its executed that flow of customer in garment

    departments is relatively higher than the others departments. To

    Inter-department Customer Flow

    900

    250

    100

    300

    0 100 200 300 400 500 600 700 800 900 1000

    GARMENTS

    DEPARTMENT

    GIFTS DEPARTMENT

    CARDS DEPARTMENT

    MUSIC DEPARTMENT

    Number of Customer

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    determine the above study we have considered the customers who are

    spending their money on purchase of products of the above said

    departments. Its revealed at the time of study that they have 10 cash

    counters and they are making bills of more than 280 bills per day per

    counter on the above said days.

    Value of Stock in the different departments:

    We have chosen 4 departments from Vishal Mega Mart and estimated

    the valuation of average stock with the assumption details provided by

    the branch operation stuffs.

    VALUE OF THE STOCK

    DEPARTMENT (Rs)

    GARMENTS DEPARTMENT 10340000

    GIFTS DEPARTMENT 250000

    CARDS DEPARTMENT 75000

    MUSIC DEPARTMENT 200000

    Value of the stock in the Garments Departments:

    Value of Stock

    10340000

    525000

    Garment Deapartment

    others department

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    The garment section is divided into Men, women and kids section. The

    value of the stock in the garments department is relatively much

    higher than the others departments. The value of stock in winter

    season jumps to 18 to 20 crore and its 3times higher than others

    season as normally they are maintaining a stock of 6 crore in the

    others time.

    Value of the stock of the others departments:

    The value of the stock of the others departments are relatively lower

    than garments departments.The stock maintained in the gifts section, basically maintained for the

    high and medium level income customers.

    In the cards department the stock increases at the time of Christmas

    an New year eve as its a seasonal business according to the Vishal

    Mega Mart.

    Music department is consisting of Music, movie and game cd & dvds.

    Its found that the stock of game cd & dvds is higher than the others.

    Value of the Stock in Others Department

    0

    50000

    100000

    150000

    200000

    250000

    300000

    GIFTS DEPARTMENT CARDS DEPARTMENT MUSIC DEPARTMENT

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    Revenue generated by the different departments:

    To find out the profitability drivers we have compared the revenue

    generated by different departments on the basis of 2004-05 to 2008-

    09. For this study we have considered average revenue of a high

    customer flow day by the all income level customers.

    DEPARTMENT 2004-05 2008-09

    GARMENTS DEPARTMENT 50000 180000

    GIFTS DEPARTMENT 5000 10000

    CARDS DEPARTMENT 2000 1800

    MUSIC DEPARTMENT 1800 5000

    TOTAL 58800 196800

    From the above study its revealed that at the time of inception of theorganised retail in India in the year of 2004-05, only the high grade

    and upper medium grade income level customers were tends to go to

    the retails. So the maximum portion of revenues generated from these

    two groups only.

    50000

    180000

    500010000 2000 1800 1800 5000

    58800

    196800

    0

    50000

    100000

    150000

    200000

    GARMENTS

    DEPARTMENT

    GIFTS

    DEPARTMENT

    CARDS

    DEPARTMENT

    MUSIC

    DEPARTMENT

    TOTAL

    REVENUE PER DEPARTMENT

    2004-05

    2008-09

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    In the case of garments, gifts and music departments as the stock is

    increased, the revenue is also increased with the market demand

    study of the year of 2004-05 to

    2008-09. and also its seen that the product category in the gifts and

    music department is relatively changing with the increasing demand of

    new innovated products.

    A measurable changes found in the cards department is that the

    revenues as well as the stock is decreasing day by day because of

    changing customer preferences towards information technology

    enabled services like SMS, MMS & E-mails.

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    FACTS AND FINDINGS

    From the above analysis its found that the average customers in the

    all departments are the Middle Grade income level customers as Vishal

    is mainly focusing in this segment of customers.

    Garment Department

    Overview:Product lines and the quality of the products in the Garment Section

    are basically for the medium and average grade income level people

    and price range in this section is averagely lies between Rs.250 to

    600.

    Findings:In the garment section we have found that products categories are not

    focusing the high grade income level customers as the brand

    consciousness not presents in the floors. The high grade income level

    people are very conscious about the brand that they are using.

    Basically they are very conscious about the brand rather than the

    quality which isnt present in this department.

    Suggestions:

    Vishal is strategically targeting the middle class customer but there isalso a rash of high grade income level customers in their stores. They

    should focus on this aspect that they can turn this mob into potential

    customer by introducing a various range of high class products in the

    garment department.

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    Gifts Department

    Overview:

    Product lines and the quality of the products in the Gifts Section are

    basically for the high and medium grade income level people and price

    range in this section is averagely lies between Rs.500 to 800.

    Findings:In the gifts section we have found that stock of gift items is very low

    and also products categories are not focusing to low grade income

    level customers and the gifts department is referred to high class

    products.

    Suggestions:

    They should focus on this aspect by introducing more stocks and also a

    lower price range products in the gifts section so that they can also

    generate revenue from lower grade income level customers.

    Music Department

    Overview:Music section consist of Music CDs, Game CD & DVDs and also Movie

    DVDs. Product lines and the quality of the products in the Music

    Section are basically for the high and medium grade income level

    people and price range in this section is averagely lies between Rs.150

    to 500.

    Findings:

    In the Music section we have found that they are mainly focusing on

    the Game CDs and DVDs and also the price range is also high. Again

    the collection ofgame cd and dvds is considerable but in the case of

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    Indian Music CDs the stock level is not also upto the customers

    satisfactory level.

    Suggestions:

    Vishal should concentrate on that the music industry is passingthrough a high competitive market with piracy world so the price range

    should be such as the customer feel free to buy original cd s. Another

    point is that there should be a balance between the stock of their

    product lines in the music department.

    Cards Department

    Overview:In the Indian scenario cards are not very popular and a seasonal

    business according to the floor managers and management of the

    store. Also the demand is decreasing day by day with the increase of

    ITES.

    Findings:

    In Vishals prospect we have found that its a seasonal business andthey only give an emphasized focus at the time of Christmas Day and

    New Year. Also the high grade income level people tends to go

    specialized cards stores so only a few numbers of middle and average

    income level customers who come to others departments sometimes

    seek for the cards.

    Suggestions:Though the demand of cards decreasing day by day but there are also

    some others events rather than the 25th & and 31st eve. So a step can

    be taken by introducing low range of cards attached with the gifts

    section to greet the wishes all the time.

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    BIG BAZAAR

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    Pantaloon Retail (India) Limited, is Indias leading retailer that

    operates multiple retail formats in both the value and lifestyle segment

    of the Indian consumer marker. Headquartered in Mumbai (Bombay),

    the company operates over 8 million square feet of retail space, has

    over 475 stores across 40 cities in India and employs over 18,000

    people.

    The companys leading formats include Pantaloons, a chain of fashion

    outlets, Big Bazaar, a uniquely Indian hypermarket chain, Food

    Bazaar, a supermarket chain, blends the look, touch and feel of Indian

    bazaars with aspects of modern retail like choice, convenience and

    quality and Central, a chain of seamless destination malls. Some of its

    other formats include, Depot, Shoe Factory, Brand Factory, Blue Sky,Fashion Station, aLL, Top 10, mBazaar and Star and Sitara. The

    company also operates an online portal, futurebazaar.com.

    A subsidiary company, Home Solutions Retail (India) Limited,

    operates Home Town, a large-format home solutions store, selling

    home furniture products and E-Zone focused on catering to the

    consumer electronics segment.

    Pantaloon Retail was recently awarded the International Retailer of the

    Year 2007 by the US-based National Retail Federation (NRF) and the

    Emerging Market Retailer of the Year 2007 at the World Retail

    Congress held in Barcelona.Pantaloon Retail is the flagship company of

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    Future Group, a business group catering to the entire Indian

    consumption space.

    ANALYSIS OF THE STUDYTypes of Customer:

    In the Indian Retail Scenario Big Bazaar has a great success to create

    a revaluation. Basically they have differentiated their customers on the

    basis of needs of customers rather than their income level. Later on

    we will analyze these aspects. Here we are analyzing which income

    level of customers are generally tend to purchase the products in Big

    Bazaar department wise:

    From the above details its found that the in the Garment section they

    are targeting the middle and average level of customers. They are not

    promoting any major brands and they have their own brand towards

    PERCENTAGE OF CUSTOMER FLOWS DEPARTMENT WISE

    TYPES OF CUSTOMERGARMENTSECTION

    GIFTSSECTION

    MUSICSECTION

    CARDSSECTION

    HIGH GRADE INCOME LEVEL 10% 15% 50% 7%

    MEDIUM GRADE INCOME LEVEL 50% 55% 40% 53%

    AVERAGE GDARE INCOME LEVEL 40% 30% 10% 40%

    0%

    20%

    40%

    60%

    80%

    100%

    GARMENT

    SECTION

    GIFTS

    SECTION

    MUSIC

    SECTION

    CARDS

    SECTION

    TYPES OF CUSTOMER DEPARTMENT WISE

    AVERAGE GDARE INCOME LEVEL

    MEDIUM GRADE INCOME LEVEL

    HIGH GRADE INCOME LEVEL

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    From the above figures its executed that flow of customer in garment

    departments is relatively higher than the others departments. One

    significant difference is noted from the others retail is that they have

    placed their music department at the front of cash counters and

    introduced low range of music cds and game dvds for the all category

    customers which increased customer the flow in the music

    department.

    Value of Stock in the different departments:

    We have chosen 4 departments from Vishal Mega Mart and estimated

    the valuation of average stock with the assumption details provided by

    the branch operation stuffs.

    VALUE OF THE STOCKDEPARTMENT (Rs)

    GARMENTS DEPARTMENT 163000000

    GIFTS DEPARTMENT 7500000

    CARDS DEPARTMENT 150000

    MUSIC DEPARTMENT 580000

    Value of the stock in the Garments Department:

    163000000

    8230000

    Garment Deapartment others department

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    The garment section is divided into Men, women and kids section.

    They have also a discount section only for the garments. In this

    section they are selling the old or rejected stocks of major brands at a

    40-50 percent discount rate. The value of stock in garment is being

    overflowed at the time of winter season. Winter garments are costlier

    than the others seasons and tends to double the value of stock.

    Normally they are maintain a stock value of 16.3 to 17 crore value of

    stock bus it increase at the time winter to more than 40 crore.

    Value of the stock of the others departments:

    In some big retails its seen that they are including some cookery,

    home furnishings and life style products in their gifts section. Big

    bazaar is maintaining a low stock but more product categories in their

    gifts section and generating a remarkable revenue from this.

    Stock of music department is overflowed with low price products.

    Their stock have a potential to earn revenue from all categories as

    prices of products in this department lies between Rs. 30 to Rs.400

    approximately.

    7500000

    150000580000

    0

    2000000

    4000000

    6000000

    8000000

    1

    VALUE OF STOCK IN THE OTHERS DEPARTMENTS

    GIFTS DEPARTMENT CARDS DEPARTMENT MUSIC DEPARTMENT

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    Revenue generated by the different departments:

    To find out the profitability drivers we have compared the revenue

    generated by different departments on the basis of 2004-05 to 2011-12. For this study we have considered average revenue of a high

    customer flow day by the all income level customers.

    REVENUE PER DEPARTMENT 2004-05 2011-12

    GARMENTS DEPARTMENT 90000 300000

    GIFTS DEPARTMENT 42000 180000

    CARDS DEPARTMENT 2000 1800

    MUSIC DEPARTMENT 19000 40000

    TOTAL 153000 521800

    From the above study its revealed that at the time of inception of the

    organised retail in India in the year of 2004-05, only the high grade andupper medium grade income level customers were tends to go to the retails.

    So the maximum portion of revenues generated from these two groups only

    in the year of 2004-05.

    0

    100000

    200000300000

    400000

    500000

    600000

    GARMENTSDEPARTMENT

    GIFTSDEPARTMENT

    CARDSDEPARTMENT

    MUSICDEPARTMENT

    TOTAL

    COMPARISON OF REVENUE PER DEPARTMENT

    2004-052011-12

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    The change in revenue of garment department and in gifts department from

    the year 2004-05 to 2008-09 is significant because Big Bazaar is shifted

    products towards the own manufactured brands and they became successful

    to establish their own brands in the garment retail industry.

    A measurable changes found in the cards department is that the revenues as

    well as the stock is decreasing day by day because of changing customer

    preferences towards information technology enabled services like SMS, MMS

    & E-mails.

    FACTS AND FINDINGS

    From the above analysis its found that the average customers in the

    all departments are the all income level people in Big Bazaar.

    Meanwhile their main customer base is upper middle, middle and

    average level income level customers.

    Garment Department

    Overview:

    In Garment department the products are mainly their own brands an

    price ranges lies between Rs.99 to Rs.800 averagely which is very

    reasonable for the middle class,

    average and also low level income group peoples. The stock in this

    section is fair to satisfy its customer needs and attracts window

    shoppers to become a potential customer.

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    Findings:

    The main facts that we have found in the garment section is that Big

    Bazaar mainly focusing on the low range of products with their own

    brands. All the times they are giving special discounts on all the

    garments products. They have adopted tricks like Buy 2 get 3, Buy

    3 get 5 which looks like as if you buy 2 will get more 3 but the actual

    fact is that if you buy 2 products will get 1 free as total you will get 3.

    Its a very strategic and attractive offer specially adopted by Big

    Bazaar. They have also a section named LOOT MART in the garments

    department. In this section they are selling the branded high-class

    garments at a high discount rate of 50 to 60 percent.

    Suggestions:

    After discussing all the profit factors it can be suggest that as they

    have a good high income level customer flow in the others

    departments like in the furniture and grocery department they can

    introduce a wider range of branded products in the garment section as

    this income is conscious about the brand that they are using.

    Gifts Department

    Overview:

    Gifts department is consisting of various product categories from home

    furnishing products to personal using products. According to Big

    Bazaar now a days no one can define which section should be referredas a gifts section. Customer preference is changing day by day with

    the increased product categories.

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    Findings:

    In Big Bazaar we have found that they are also referring home

    furnishing products, personal care and low range electronic products

    as gift products and basically it depends on the customers need and

    choice. The whole gift section is able to satisfy the all level of income

    groups as they have a large collection of product categories but with a

    limited stock of same products. A noted strategy is taken in the gifts

    department is that they are selling a large varieties of products with a

    limited stock which helps them to implement a good stock turn over

    ratio and generating good revenue from this department.

    Suggestions:

    Big Bazaar can focus on the stocks of the gifts though the stock of

    varieties is remarkable but within the same category the stock is not

    appreciatable.

    Music Department

    Overview:

    Music section consist of Music CDs, Game CD & DVDs and also Movie

    DVDs.

    Findings:

    Big Bazaar has introduced very low range cd & dvds like Moserbaer

    music and movie cd-dvds and price range lies in between Rs.30 to

    100. Basically they are gaining a competitive business at the age ofpiracy products in this industry. Also they have a very good collection

    in games cd-dvd category at a low price range of Rs.100 to 200

    whereas if anyone go to the open market the average price range is

    Rs.300 to 400 for the copyright product.

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    Suggestions:

    In the music its found that the collection of movie cds and educational

    cds is low than the music and games cds. They are emphasizing on

    the low price mp3 and game cds where as there is also a demand for

    educational and movies cd-dvds.

    Cards Department

    Overview:

    In the Indian scenario cards are not very popular and a seasonalbusiness according to the floor managers and management of the

    store. Also the demand is decreasing day by day with the increase of

    information technology enable services.

    Findings:

    We have found that its a seasonal business and they only give focus

    at the time of Christmas Day and New Year. Also the high gradeincome level people tends to go specialized cards stores so only a few

    numbers of middle and average income level customers who come to

    others departments sometimes seek for the cards.

    Suggestions:

    Though the demand of cards decreasing day by day but there are also

    some others events rather than the 25th

    & and 31st

    eve. So a step canbe taken by introducing low range of cards attached with the gifts

    section to greet the wishes all the time.

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    LIFESTYLE

    Lifestyle International (P) Ltd is part of the Landmark Group, a

    Dubai based retail chain. With over 30 years experience in retailing,

    the Group has become one of the foremost retailers in the Gulf.

    Positioned as a trendy, youthful and vibrant brand that offerscustomers a wide variety of merchandise at an exceptional value for

    money, Lifestyle India began operations in 1999 with its first store in

    Chennai.

    Currently there are 14 Lifestyle stores, 7 Home Centre stores and 1

    Baby Shop store across Ahmedabad, Bangalore, Chennai, Hyderabad,

    Jaipur, Mumbai, Pune, New Delhi, Noida and Gurgaon.

    Today Lifestyle offers a truly international shopping experience, a fact

    borne by numerous accolades.

    Business World IMRB Most Respected Company Awards survey rated

    Lifestyle as the Most Respected Company in the Retail Sector in 2003

    and 2004

    ICICI KSA Technopak Award for Retail Excellence in 2005

    Reid & Taylor Retailer of the Year award in 2006

    Lycra Images Fashion Award for the Most Admired Large Format

    Retailer of the Year in 2006

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    Images Retail Most Admired Retailer of the Year Department Store

    in 2008.

    ANALYSIS OF THE STUDY

    Types of Customer:

    Lifestyle International is a major player in the Indian organised retail

    industry. The have a good customer base in the high class level

    income group. Mainly they focusing on the Men-Women-Kids Apparel,

    gifts and also in the home furnishing products. They dont have any

    music, cards or cookery departments.

    TYPES OF TARGET CUSTOMER

    HIGH GRADE INCOME LEVEL 75%

    MEDIUM GRADE INCOME LEVEL 20%

    AVERAGE GDARE INCOME LEVEL 5%

    From the above analysis its revealed that though a very few numbers

    of low grade income level customers are visiting the garment section

    0%

    20%

    40%

    60%

    80%

    100%

    GARMENT SECTION GIFTS SECTION

    CUSTOMER FLOWS DEPARTMENT WISE

    AVERAGE GDARE INCOME LEVEL

    MEDIUM GRADE INCOME LEVEL

    HIGH GRADE INCOME LEVEL

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    but in the gifts section we have found that the products are

    unreachable for the average level income groups.

    Flow of customers in different departments:

    Here we have analyzed the flow of customers per day basis. For this

    reason we have studied customer flows on an average of high

    customer flow days.

    Inter-Department Customer Flow

    DEPARTMENT Number of Customer

    GARMENTS DEPARTMENT 1100

    GIFTS DEPARTMENT 600

    In lifestyle we have found that the average customer flow lies between

    1200 to 1500 on an average high customer flow day.

    The main products categories in Lifestyle basically the garments and

    home furnishing products related to gifts items. We have found that in

    the case of garments department customer flow is 1100 per day basis

    and in the case of gifts departments its 500 to 600 per day basis. Its

    noted that the gifts department consists of exclusive products.

    Inter-department Customer Flow

    1100

    600

    0 200 400 600 800 1000 1200

    GARMENTS

    DEPARTMENT

    GIFTS DEPARTMENT

    Number of Customer

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    Value of Stock in the different departments:

    VALUE OF THE STOCK

    DEPARTMENT (Rs)

    GARMENTS DEPARTMENT 760000000

    GIFTS DEPARTMENT 50500000

    The garment section is divided into Men, women and kids section as

    well as lifestyle accessories and shoe wears. They have all the major

    brands like Blackberry, Louis Phillips, Lee Coopers, Van Hausen, Parx,Lee for in the men catagory, Melanga, Code, Ginger in the women

    category and for the kids section they have brands like Bossini,

    Benetton, Orchestra, Juniors, Teeny Tiny, Artex etc.

    The garments section includes:

    1. Watch section for the brands like Fast track, Zodiac, Hugo-boss,

    Nautica, Marie Claire, Casio, Guess, GC, Kenneth Cole, Aspen,Skagen, Levis, Adidas etc.

    2. Sunglass section for the brands like Ferrari, Mojo, Mont blanc,

    Scott,, Guess etc.

    VALUE OF STOCK

    760000000

    50500000

    GARMENTS DEPARTMENT GIFTS DEPARTMENT

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    3. Fashion accessories for the brands like Tribal Zone, Sarah, Fire

    Fly, Adrika, Earrings, Necklace, Bracelet, Anklet, Bangles, Hair

    Clips, Bra Straps, Scrunges, Mens Jewelry, Kids Fashion.

    All these product ranges are exclusively for the High grade income

    level customers.

    The gifts section is consisting of high class home furnishings and

    personal grooming products. They are introducing it by the name of

    Home Centre. Its a one-stop destination for furniture, home ware

    and home furnishings that enterprises elegance, luxury and

    individuality. Home Centre houses a wide range of contemporary and

    classic furniture, linen as well as other home accessories, thus

    providing customers a high range products.

    Revenue generated by the different departments:

    REVENUE PER DEPARTMENT In 2008-09(Rs.)

    GARMENTS DEPARTMENT 4000000

    GIFTS DEPARTMENT 1000000

    TOTAL 5000000

    0

    1000000

    2000000

    3000000

    4000000

    5000000

    GARMENTS

    DEPARTMENT

    GIFTS

    DEPARTMENT

    TOTAL

    Revenue in 2008-09 Department

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    The average revenue earned per customer basis is more Rs.6000. Comparison of revenue

    generated by the each departments is taken into consideration on an average of high

    customer flow days.

    FACTS AND FINDINGS

    From the above analysis its found that the average customers in the

    all departments are basically high grade income level customers. All

    the products ranges in the both departments significantly refers to

    premium customers.

    Garment Department

    Overview:

    In Garment department the products are mainly the major

    international readymade brands and price ranges lies between Rs.800

    to Rs.2000 averagely which is meant for a few Indians customers.

    Findings:

    The products exclusively for a certain income level customers.

    Maximum products are unreachable for the medium and average

    income level peoples. Whatever the stock is quite efficient to satisfy

    their potential customers.

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    Suggestions:

    They are focusing a very few Indian customers and the most of the

    Indian consumers cant afford this price ranges. So if they want to

    increase their market share in the Indian retail Industry they should

    introduce such product ranges also which can be affordable for the

    medium level income groups and the main customer in the retail

    industry lies within it.

    Gifts Department

    Overview:Gifts department is consisting of various product categories from home

    furnishing products to personal grooming products.

    Findings:

    In the Lifestyle we have found a wider range of glass made and metal

    products which are exclusive and also the quality isnt upto the price

    levels. Whatever, the stock is sufficient to satisfy its customers but theprice range is found very high as a gift product in this department.

    Suggestions:

    Again the Indian retail industry is targeting the medium level income

    group people as its increasing day by day but the products in the

    Lifestyle store is meant only for the high class consumers which is very

    low in population in India. Also an important point is noted that thoughthe volume is sufficient but the varieties in product categories as a gift

    isnt sufficient.

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    COMPARITIVE ANALYSIS OF THESTORES

    On the basis of customer flows:

    We have considered the average of the high customer flow days.

    Flow of Customer per Day

    Store Name No. of Customer

    Vishal Mega Mart 1600

    Life Style 1200

    Big Bazaar 2300

    Vishal Mega Mart: From the study its revealed that the average

    customer flow is medium grade income level customers and average

    grade income level customers.

    Life Style: The customer flows in this store is basically refers to the

    high and upper medium income level customers.

    0

    500

    1000

    1500

    2000

    2500

    Number of

    Customer

    Vishal Mega Mart Life Style Big Bazaar

    Name of the Store

    Customer Flow per Day

    No. of Customer

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    Big Bazaar: They are focusing on the all income level customers but it

    depends on the departments wise also.

    On the basis of stock value:

    Comparison of stock value

    Store Name Garments Dept Gifts Dept Cards Dept Music Dept

    Vishal Mega Mart 65000000 250000 77500 175000

    Life Style 735000000 55000000

    Big Bazaar 163000000 7500000 150000 575000

    Garments Department:The value of stock depends on the season. At the time of winter

    season it increases upto 2 to 3times than the other seasons as the

    price of winter garments is relatively higher than springs-summer

    collection.

    Vishal Mega Mart: The product in the garment section isnt exclusive

    and meant for the medium to average grade income level customers.

    Also they arent focusing on major brands in the garment industry. All

    the products are unbranded and semi branded and dont attracts the

    0

    100000000

    200000000

    300000000

    400000000

    500000000

    600000000

    700000000800000000

    Vishal Mega Mart Life Style Big Bazaar

    Garments Dept

    Garments Dept

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    high grade level income groups. However brand consciousness not

    present but the stock volume is able to met customer satisfaction.

    Life Style: All the major brand players are maintaining their stocks in

    garments section as their main focus is on the Apparel products.

    Product ranges is very high and meant for the high class consumers.

    A high brand consciousness helping them to generate a remarkable

    revenue with a high stock turn over ratio and smiling face of

    customers.

    Big Bazaar: They have their own brands in the garments department

    with a reasonable price for the upper medium, medium and average

    class income groups. Though brand conscious people will think at the

    time purchasing but customer are satisfied with the stock and as well

    as quality related to price.

    Gifts Department:

    0

    10000000

    20000000

    30000000

    40000000

    50000000

    60000000

    Vishal Mega Mart Life Style Big Bazaar

    Gifts Dept

    Gifts Dept

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    Vishal Mega Mart: They are not focusing on the gifts stock for the

    result customer flow and revenue from this section is very low and no

    point is gaining for the customer satisfactory level.

    Life Style: A very large investment in the gifts section is found at the

    time of study. They are basically emphasizing on introduction of

    personal grooming products and home furnishing products in the gifts

    section. This department is solely for the upper class consumers and

    customer satisfactory level is remarkable.

    Big Bazaar: A wider range of products is found in gifts section for the

    all income level people. Though the variety in the product categories is

    high but the volume of stock in the same product is low. How ever

    customers are happy with the large number of collection of gifts items.

    Cards Department:

    0

    20000

    40000

    60000

    80000

    100000

    120000

    140000

    160000

    Vishal Mega Mart Life Style Big Bazaar

    Cards Dept

    Cards Dept

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    On the basis of revenue:

    Comparison of Revenues

    Store Name 2004-05(Rs.) 2008-09(Rs.)

    Vishal Mega Mart 58500 196800

    Life Style ----------- 5000000

    Big Bazaar 160500 481500

    IN 2004-05:

    At the time of sunrise of organised retail industry in India, the scenario

    was not been like present days. At that time it was a very new concept

    of marketing for the Indian consumers. Only the high class level and a

    few upper medium class income group customers were visiting to

    those retail markets. The perception of middle and lower class peoples

    was that these stores had over-valued their products and to some

    extent it was right also.

    0

    1000000

    2000000

    3000000

    4000000

    5000000

    Vishal Mega Mart Life Style Big Bazaar

    Comparison of Revenues

    2004-05(Rs.)

    2008-09(Rs.)

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    IN 2011-12:

    Now a days shopping in the retail stores is a very common things.

    Peoples are habituated to go into the retails in the weekends. Day by

    day the organised retailers are becoming stronger to attract

    customers. Hyper- markets like Vishal mega mart, Big Bazaar, Home

    town have the stock to fulfill all the needs of customers from alpine to

    elephant.

    On the basis of Revenue per customer:

    For the study of revenue per customer, we have taken the contribution

    of total customer flow on the total revenue of the stores on an average

    of high customer flow days.

    Revenue per customer basis

    Store Name 2004-05(Rs) 2011-12(Rs)

    Vishal Mega Mart 450 1350

    Life Style 6000

    Big Bazaar 650 2100

    0

    1000

    2000

    3000

    4000

    5000

    6000

    Vishal Mega Mart Life Style Big Bazaar

    Comparison of Revenue per customer

    2004-05

    2011-12

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    Vishal Mega Mart: Though the revenue per customer of the Vishal

    mega Mart increased from 2004-05 to 2008-09 but the revenue per

    customer is significantly low than others. As their main customer base

    is medium and average income group customers and also customer

    flow is low so it generates significantly low revenue per customer.

    Life Style: The customer flows in this store is basically refers to the

    high and upper medium income level customers and though their

    customer flow is lower but their return on investment is high so it

    helps to earn a high income per customer.

    Big Bazaar: They are focusing on the all income level customers with

    a high customer flows per day and have a base of brand consciousness

    amongst the customer whichs helping them to increase their revenue

    per customer. Also there is a major contribution of the others

    departments like grocery and vegetables department towards the per

    customer revenue.

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    LIMITATIONS OF THE STUDY

    In attempt to make this project authentic and reliable, every possible

    aspect of the topic was kept in mind. Nevertheless, despite of fact

    constraints were at play during the formulation of this project. The

    main limitations are as follows:

    Due to limitation of time only few retail stores are taken into

    consideration of this study. So the sample of retailers was not

    enough to generalize the findings of the study.

    The main source of data for the study was primary data with the

    help of self-administered questionnaires. Hence, the chances of

    unbiased information are less.

    Concern person from the organised retail stores were hesitant to

    disclose the true facts as the data related to strategic secrets.

    The chance of biased response cant be eliminated though all

    necessary steps were taken to avoid the same.

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    Reference

    www.google.com

    www.vishalmegamart.com

    http://www.google.com/http://www.google.com/http://www.vishalmegamart.com/http://www.vishalmegamart.com/http://www.vishalmegamart.com/http://www.google.com/
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    ASIA PACIFIC INSTITUTE OF MANAGEMENT STUDIES

    (This research is done only for the education purpose. There is no financial/competitive motive.)

    Questionnaire (General)

    A. Store name:

    B. Location of the Store:

    (i) Mall (ii) General (iii) Densely populated area

    C. Which kind of customers generally visit at your store?

    (i) High grade income level

    (ii) Medium grade income level

    (iii) Average grade income level

    D. Flow of customer per day in your store:

    (i) Below 500 (ii) 500 to 1000 (iii) 1000 to 1500

    E. Revenue earned per customer basis:

    In 2004-05 Rs. In 2008-09 Rs.

    F. In which department stock is being taken care comparatively in a lightly way?

    (i) Garments (ii) Gift items (iii) Cards (iv) Music

    (v) None of this

    If not why you are emphasizing on every segment?

    ___________________________________________________________________

    ___________________________________________________________________.

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    G. Does the brand consciousness of customers divert them to the different

    departments ?

    Yes No

    If yes which type of customer?

    Young Old child Beauty conscious people

    H. Is the Information Technology helping in ROI of the store?

    Yes No

    If yes then which features is/are motivating?

    ERP Online Adv SAP/Tally Information Security

    I. Does the good atmosphere in the store pick the sale up?

    Yes then why? ________________________________________.

    No then why? ________________________________________.

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    (This research is done only for the education purpose. There is no financial/competitive motive.)

    Questionnaire (Garment Department)

    A. Which kind of customers generally visit at your garment section and their flow?

    (i) High grade income level Flow %

    (ii) Medium grade income level Flow %

    (iii) Average grade income level Flow %

    B. Revenue generated by Garment section in your store

    (i) High grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (ii) Medium grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (iii) Average grade income level: Revenue in 2004-05

    Revenue in 2008-09

    C. Value of average stock maintained in Garment section: Rs.

    D. Is your stock efficient to revamp the Customer satisfaction in your store?

    (i) Yes (ii) No

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    (This research is done only for the education purpose. There is no financial/competitive motive.)

    Questionnaire (Gifts Department)

    A. Which kind of customers generally visit at your Gift section and their flow?

    (i) High grade income level Flow %

    (ii) Medium grade income level Flow %

    (iii) Average grade income level Flow %

    B. Revenue generated by Gift section in your store

    (i) High grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (ii) Medium grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (iii) Average grade income level: Revenue in 2004-05

    Revenue in 2008-09

    C. Value of average stock maintained in Gift section: Rs.

    D. Is your stock efficient to revamp the Customer satisfaction in your store?

    (i) Yes (ii) No

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    (This research is done only for the education purpose. There is no financial/competitive motive.)

    Questionnaire (Music Department)

    A. Which kind of customers generally visit at your Music section and their flow?

    (i) High grade income level Flow %

    (ii) Medium grade income level Flow %

    (iii) Average grade income level Flow %

    B. Revenue generated by Music section in your store

    (i) High grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (ii) Medium grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (iii) Average grade income level: Revenue in 2004-05

    Revenue in 2008-09

    C. Value of average stock maintained in Music section: Rs.

    D. Is your stock efficient to revamp the Customer satisfaction in your store?

    (i) Yes (ii) No

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    (This research is done only for the education purpose. There is no financial/competitive motive.)

    Questionnaire (Cards Department)

    A. Which kind of customers generally visit at your Cards section and their flow?

    (i) High grade income level Flow %

    (ii) Medium grade income level Flow %

    (iii) Average grade income level Flow %

    B. Revenue generated by Cards section in your store

    (i) High grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (ii) Medium grade income level: Revenue in 2004-05

    Revenue in 2008-09

    (iii) Average grade income level: Revenue in 2004-05

    Revenue in 2008-09

    C. Value of average stock maintained in Card section: Rs.

    D. Is your stock efficient to revamp the Customer satisfaction in your store?

    (i) Yes (ii) No

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    Questionnaire filled up by :

    Designation :Age :

    Working here for :

    Date & Time :Place :

    (Be sure that all the details will be kept in safe and will not be disclosed or used on any

    others purpose)

    Thanking for your valuable time and support.

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    PHASE-II

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    THE GREAT INDIA PLACE

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    Formats of the stores in the Great India Place:

    SRL

    NO

    NAME OF THE STORE TYPE OF THE STORE

    GROUND FLOOR

    1 GLOBUS SPECIALITY CHAIN2 LIFE STYLE DEPARTMENTAL STORE3 BOSSINI SHOP4 METRO SHOES SPECIALITY CHAIN5 WOODLAND SPECIALITY CHAIN6 TANABANA SHOP7 BOMBEY SELECTION SHOP8 M & B FOOTWARE SPECIALITY CHAIN

    9 NAKSHATRA SPECIALITY CHAIN10 MARKS & SPENCER DEPARTMENTAL STORE11 LEVIS FLAGSHOP SPECIALITY CHAIN12 GIOVANI SHOP13 SHOPPERS STOP DEPARTMENTAL STORE14 PANTALOONS DEPARTMENTAL STORE15 INDIGO NATION SPECIALITY CHAIN16 LILLIPUT SPECIALITY CHAIN17 WILLS LIFESTYLE DEPARTMENTAL STORE18 KAZO SHOP19 COSTA COFFEE SPECIALITY CHAIN20 KFC SPECIALITY CHAIN21 PIZZA HUT SPECIALITY CHAIN22 ZARDARI SHOP23 DIMENSION SHOP24 KILOL SHOP25 KALPANA SAREES SPECIALITY CHAIN26 MEENA BAJAR DEPARTMENTAL STORE27 ZODIAC SPECIALITY CHAIN28 REEBOK SPECIALITY CHAIN29 BG's SPECIALITY CHAIN30 ARCHIES SPECIALITY CHAIN31 WORLD OF TITAN SPECIALITY CHAIN32 HOME TOWN HYPER MARKET33 BIG BAZAAR HYPER MARKET

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    FIRST FLOOR

    34 MONTE CARLO SPECIALITY CHAIN35 REID & TAYLOR SPECIALITY CHAIN

    36 PALL MALL SHOP37 CAF COFFE DAY SPECIALITY CHAIN38 RAYMOND SPECIALITY CHAIN39 SAMSONITE SPECIALITY CHAIN40 SHOPPERS STOP DEPARTMENTAL STORE41 VEN HEAUSEN SPECIALITY CHAIN42 ADIDAS SPECIALITY CHAIN43 SPYKAR SPECIALITY CHAIN44 REEBOK SPECIALITY CHAIN45 LEE SPECIALITY CHAIN

    46 NIKE SPECIALITY CHAIN47 GLOBUS SHOP48 PUMA SPECIALITY CHAIN49 MOUSTACHE SPECIALITY CHAIN50 GILI WORLD SPECIALITY CHAIN51 BLACKBERRY SPECIALITY CHAIN52 RITU KUMAR SPECIALITY CHAIN53 HIMALAYA OPTICAL SPECIALITY CHAIN54 LACOSTE SPECIALITY CHAIN55 KODAK EXPRESS SPECIALITY CHAIN

    2ND FLOOR

    56 ME 'n' MOM SPECIALITY CHAIN57 CASIO SPECIALITY CHAIN58 CARLTON LONDON SPECIALITY CHAIN59 KITTEN SHOES SHOP60 CATMOSS SHOP61 OCTMOSS SHOP62 OCTAVE SHOP63 MAX LIFESTYLE SPECIALITY CHAIN

    64 GKB OPTICAL SPECIALITY CHAIN65 PEPE JEANS LONDON SPECIALITY CHAIN66 ODYSSEY SPECIALITY CHAIN67 BOSE SPECIALITY CHAIN68 STEPPING STONE SPECIALITY CHAIN69 VIVID SPECIALITY CHAIN70 ZEST SHOP

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    71 INDIGO SPECIALITY CHAIN72 SHAW BROTHERS SHOP

    THIRD FLOOR

    73 HOOP SHOP

    74 BARISTA SPECIALITY CHAIN75 BOWLING CO SPECIALITY CHAIN76 YATRA SPECIALITY CHAIN77 STREET FOOD OF INDIA SPECIALITY CHAIN78 NIRULA's SHOP79 TANDOORI VILLAGE SHOP80 YO CHINA SPECIALITY CHAIN81 SAGAR RATNA SHOP82 SANRIO SHOP83 ICE CURE SHOP

    84 BIG CINEMAS SPECIALITY CHAIN85 MUSIC LAND SPECIALITY CHAIN86 MASAKALI SHOP87 MY DOLLER STORE SPECIALITY CHAIN88 JUMBO ELEVTRONIC SHOP89 STAPLES SPECIALITY CHAIN90 FIT & ACTIVE GYM SHOP

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    Group-8

    Asia pacific Institute of managementStudies

    AVISHEK SAHU-H-03 DEBOJIT ROY H-66

    KRISHNAKANT PANDEY H-25