Escolar Documentos
Profissional Documentos
Cultura Documentos
INDEX
EXECUTIVE SUMMARY
INTRODUCTION
BIG BAZAAR
OBJECTIVES OF THE STUDY
RESEARCH METHODOLOGY
DATA ANALYSIS & INTERPRETATION
FINDINGS
RECOMMENDATION
LIMITATIONS
CONCLUSION
EXECUTIVE SUMMARY
INTRODUCTION
was established in the year 2001, they are old player in RETAIL
sector. The BIG BAZAAR follows values such as
Leadership,
Slogan:
Outlet
Parent group
Future group
Owner
Founded
2001
Head quarter
Jogeswari,Mumbai
Industry
Retail
Website
www.bigbazar.com
Tag line
Electronics
Toys
Home Textiles
Home Needs
Household Appliances
Hardware
Household Plastics
Luggage
Home Dcor
Sarees
Linens
Stationery
Crockery
More
India
There are 22 central stores
15 more Megastore
in India
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BIG BAZAAR
Big bazaar is a hypermarket chain owned by the Pantaloon Retail India Limited, with
currently more than 50 outlets in metros, medium, and small cities. Big Bazaar
combines the look and feel of Indian bazaars with aspect of modern retail like
choice, convenience, and hygiene.
It works on the same economy model like Wal Mart, and has had considerable
success in many Indian cities and small towns.
The idea was pioneered by entrepreneur Kishore Biyani, the head of Pantaloon Retail
India Limited.
Big Bazaar is not just another hypermarket. It caters to every need of your family.
Where Big Bazaar scores over other stores is its value for money proposition for the
Indian customers.
At Big Bazaar, you will definitely get the best products at the best prices - thats
what they guarantee. With the ever increasing array of private labels, it has opened
the doors into the world of fashion and general merchandise including home
furnishings, utensils, crockery, cutlery, sports goods and much more at prices that
will surprise you. And this is just the beginning. Big Bazaar plans to add much more
to complete your shopping experience.
Living up to its motto of Isse sasta aur accha kahin nahi, all products in Big Bazaar will
be available at prices lower than the MRP, often up to 60% discount. In addition to this,
various offers, discounts and promotions will be regularly held at the store. The consumer will
experience a new level of standard in price, convenience and comfort, quality, quantity, and
store service levels. BIG BAZAAR in its true hypermarket model will offer all of the above
for both leading brands as also for its private labels.
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TIMELINE
2001
2002
Food Bazaar becomes part of Big Bazaar with the launch of the
first store in Mumbai at High Street Phoenix.
2003
Big Bazaar enters Tier II cities with the launch of the store in
Nagpur.
2004
Big Bazaar wins its first award and national recognition. Big
Bazaar and Food Bazaar awarded the countrys most admired
retailer award in value retailing and food retailing segment at the
India Retail Forum.
A day before Diwali, the store at Lower Parel becomes the first to
touch Rs 10 million turnovers on a single day.
2005
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2006
2007
Big Bazaar initiates the Power of One campaign to help raise funds
for the Save the Children India Fund.
Pantaloon Retail wins the International Retailer of the Year at USbased National Retail Federation convention in New York and
Emerging Retailer of the Year award at the World Retail Congress
held in Barcelona.
2008
2009
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2010
Big Bazaar wins CNBC Awaaz Consumer Awards for the third
consecutive year. Adjudged the most preferred Most Preferred
Multi Brand Food & Beverage Chain, Most Preferred Multi Brand
Retail Outlet and Most Preferred Multi Brand One Stop Shop.
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INNOVATIONS
Wednesday Bazaar
Big Bazaar introduced the Wednesday Bazaar concept and promoted it as Hafte
Ka Sabse Kimti Din. It was mainly to draw customers to the stores on
Wednesdays, when least number of customers is observed. According to the chain,
the aim of the concept is "to give homemakers the power to save the most and
even the stores in the city don a fresh look to make customers feel that it is their
day".
Maha Bachat
Maha Bachat was started off in 2006 as a single day campaign with attractive
promotional offers across all Big Bazaar stores. Over the years it has grown into a
6 days biannual campaign. It has attractive offers in all its value formats such as
Big Bazaar, Food Bazaar, Electronic Bazaar and Furniture Bazaar - catering to the
entire needs of a consumer.
STORE OPERATIONS
Administrative Process
Stock Transactions
Sales Process
Cashiering & Check out Process
HR & Welfare
Facilities Management
Visual Merchandising & Display
Marketing & In Store Promotions
IT & Systems
Customer Service
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Store Manager
Department Managers
Team Leaders
Team Members
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SWOT ANALYSIS
STRENGTHS:-
Periodical reviews of the various operations have been done on regular basis
to identify the any possible threat and address the same within time
WEAKNESSES:-
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11
OPPORTUNITIES:-
Company has more scope of expansion in two and three tier cities.
THREATS:-
Competitors Strategies
Government policies.
Foreign direct investment cause more problems in future because of that many
mergers and acquisition are happening in Indian retail sector
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COMPANY HISTORY
The Company was incorporated on the 12th of October 1987, under the
name of Manz Wear Private Limited.
The Company was converted into a Public Limited Company under the
name of Manz Wear Limited on 20th September 1991.
The Company name was changed to Pantaloon Fashions (India) Limited
vide certificate of incorporation dated the 25th September, 1991.
The Company has successfully launched the `Pantaloon` Trousers, Shirts,
Denims, Sleep Suits and other ready-made garments in 1992.
The first Pantaloon was opened in Gariahat in 1997.
The Company opened a state-of-art family store at prestigious
`Crossroads`, Hajji Ali, Mumbai, spread over an area of 4,500 sq. ft in 1999
The name of the Company was changed with the approval of the Members
to Pantaloon Retail (India) Ltd in 1999.
Tied up with Andhra Pradesh Handloom Weavers` Co-operative Society
and National Institute of Fashion Technology in 2001.
Pantaloon Retail (I) Ltd. enters into Strategic alliance with Arvind Brands
Ltd in 2004
Ties up Arvind Brands Ltd for Ruff & Tuff brand at its Big Bazaar outlets
across the country in 2004.
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14
COMPANY TIMELINE
1987of
brand.
1991-
1992-
1994-
199519972001-
2002-
2003-
2005-
individuals is launched.
2006-
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15
ABOUT PANTALOON
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 5 million square
feet of retail space, has over 350 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, Collection i, selling home furniture products and
E-Zone focused on catering to the consumer electronics segment.
Pantaloon Retail was recently awarded the International Retailer of the Year 2007 by
the US-based National Retail Federation (NRF) and the Emerging Market Retailer of
the Year 2007 at the World Retail Congress held in Barcelona.
Pantaloon Retail is the flagship company of Future Group, a business group catering
to the entire Indian consumption space.
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16
FUTURE GROUP
Future Group is Indias leading business group that caters to the entire Indian
consumption space. Led by Mr. Kishore Biyani, the Future Group operates through
six verticals: operates through six verticals: Retail, Capital, Brands, Space, Media
and Logistics.
Apart from Pantaloon Retail, the groups presence in the retail space is
complemented by group companies, Indus League Clothing, which owns leading
apparel brands like Indigo Nation, Scullers and Urban Yoga, and Galaxy
Entertainment Limited that operates Bowling Co, Sports Bar, F123 and Brew Bar.
The groups joint venture partners include French retailer ETAM group, US-based
stationary products retailer, Staples and UK-based Lee Cooper. Group Company,
Planet Retail, owns and operates the franchisee of international brands like Marks &
Spencer, Next, Debenhams and Guess in India. The groups Indian joint venture
partners include, Manipal Healthcare, Talwalkars, Blue Foods and Liberty Shoes.
Future Capital Holdings, the groups financial arm, focuses on asset management and
consumer credit. It manages assets worth over $1 billion that are being invested in
developing retail real estate and consumer-related brands and hotels. The group has
launched a consumer credit and financial supermarket format, Future Money and
soon plans to offer insurance products through a joint venture with Italian insurance
major, Generali.
Future Groups vision is to, deliver Everything, Everywhere, Every time to Every
Indian Consumer in the most profitable manner. The group considers Indian-ness
as a core value and its corporate credo is - Rewrite rules, Retain values.
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17
AFFLAITED COMPANIES
PARTNER COMPANIES
Home Solutions Retail (India) Ltd.
Home Solutions Retail (India) Ltd. (HSRIL) leads the groups foray in the home
improvement and consumer electronics retailing segment. It caters to home
management requirements and products, including furnishings and textiles, furniture,
consumer electronics, home electronics and home services. It operates retail formats
like Home Town, Furniture Bazaar, Collection I, E-Zone, Electronics Bazaar and Got
It.
Future Capital Holdings
Future Capital is the financial arm of the group and is involved in asset
management (both private equity and real estate funds) with plans to get
into other financial services including insurance, credit and other
consumer related financial services. Its associate companies are Kshitij
Investment Advisory Co. Ltd., Indivision Investment Advisers Ltd., and
Ambit Investment Advisory Co. Ltd.
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18
Footmart Retail
Footmart Retail is a joint venture with Liberty Shoes and is engaged in the
retailing of footwear products in India.
LINES OF BUSINESS
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22
for
Impulse
Buying
at
BIG
BAZAAR.
o To determine the factors influencing an individual in
selecting a particular Retail Market.
o To analyse their perception regarding distinguishing
characteristics of a particular showroom and its
impact on their purchase behavior.
o To find out the reasons of why people prefer Big
Bazar for consumer durable product.
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23
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24
RESEARCH METHODOLOGY
RESEARCH PLAN
A research plan is a logical and systematic plan
prepared for directing a study and this plan is followed to
carry out the research. It determined the sequence of
action to be followed. It is a general research strategy for a
particular study. It include Research Design, Research,
Methodology, Types of Research, Sampling Technique and
Sample Size etc.
TYPE OF RESEARCH
The quality of the research project depends, among
the other things, upon life suitability of the method
selected for it. Type or method of research is carefully
selected. In this research we are using exploratorytype of
research.
Descriptive study is a fact- finding investigation with
adequate interpretation where as.
Exploratory
research
is
preliminary
study
of
an
unfamiliar problem.
TYPE OF METHODOLOGY
Survey method is used in the research. It is a method
of collecting primary data in which questionnaire is given
to
respondent
and
it
is
self-administered
respondents by themselves.
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by
the
25
2. Secondary Data
1) Primary Data
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26
We
can
obtain
direct
communication
with
should
be
properly
designed
to
27
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28
good result.
Samples Size
Sample size refers to the number of items to be selected
from the population to constitute a sample.
The samples size taken in this research is 64. Reasons to
Choose
This samples size will help to get an overview of the
population. This sample is adequate to reduce the
sampling error and will increase precision of the sample
results.
Sampling Technique Used
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29
are
using
sample
random
sampling
techniques
because.
It provides chance for selection if every element of population.
It is easiest methods of all sampling techniques.
It is simple to understand.
It does not require any prior knowledge about composition.
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30
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31
DATA INTERPRETATION
Que. 1 Age between:-
S.No.
No.
18-24 Years
25
50%
24-35 Years
10
20%
35-50 Years
10
20%
Above 50 Years
10%
Total
50
100%
Interpretation:
According to Survey to customers given service of Big Bazzar 18 24 years
50%, 24 35 years 20% , and 35 50 years 20% and above 50 years 10%.
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32
Que.2 Gender
S.No.
Gender
No.
Male
10
20%
Female
40
80%
Total
50
100%
Interpretation:
According to Survey to customers given service of Big Bazaar Male 20%
and Female 80%.
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33
Que. 3 Marital Status
S.No.
Marital Status
No.
Married
30
60%
Unmarried
20
40%
Total
50
100%
Interpretation:
According to Survey to customers given service of Big Bazzar married 60%
and unmarried 40%.
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34
Que.4 What is your Occupation
S.No.
Occupation
No.
Businessman
2.5
5%
Govt. Employee
10
20%
House Wife
25
50%
Student
10
20%
Any Other
2.5
5%
Total
50
100%
Interpretation
According to Survey to customers given service of Big Bazzar Businessman
5% ,Govt Employee 20%,House Wife 50%,Student 20% and Any Other 5%.
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35
Que.5 What is your income level [monthly in Rs]
S.No.
Particular
No.
0-10,000
25
50%
10,000-20,000
10
20%
20,000-40,000
10
20%
40,000+
10%
Total
50
100%
Interpretation
According to Survey to customers given income level of Big Bazzar 010,000 50%,10,000-20,000 20%,20,000-40,000 20%,40,000+ 10%.
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S.No.
Particular
No.
0-3 kms
10%
3-5 kms
10%
5-8 kms
30
60%
10
20%
Total
50
100%
Interpretation
According to Survey to customers given coming to the store 0-3 kms
10%,3-5 kms 10%,5-8 kms 60% and more than 8 kms 20%.
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37
Que .7 Preferred timing of coming to the store
S.No.
Particular
No.
10:00-11:59
30
60%
12:00-4:59
10
20%
after5:00pm
10
20%
Total
50
100%
Interpretation
According to Survey to customers timing of coming to the store 10:0011:59 60%, 12:00-4:59 20%, after5:00pm 20%.
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Que.8How often do you visit the store
S.No.
Particular
No.
Daily
6%
Weekly
20
40%
Monthly
25
50%
Occasionally
4%
Total
50
100%
Interpretation
According to Survey to customers given visit the store Daily 6%,Weekly
40%,Monthly 50% and Occasionally 4%.
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Que.9 Main reason for coming to the store
S.No.
Particular
No.
Environment
10%
Discount
25
50%
10
20%
Nearby
10
20%
Total
50
100%
Interpretation
According to Survey to customers given reason for coming to the store
Environment 10%, Discount 50%, Product range offer 20% and Nearby
20%.
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Que.10 Which one store you like to visit the mart
S.No.
Particular
No.
Big Bazar
24
48%
Spencers
16%
16%
Jalans
10
20%
Total
50
100%
Interpretation
According to Survey to customers given like to visit the mart Big Bazzar
48%, Spencers 16%, Vishal mega mart 16% and Jalans 20%
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FINDING
50%,10,000-20,000
20%,20,000-40,000
20%,40,000+
10%.
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RECOMMENDATION
1)
Through the Second question we came to know that the extent of awareness
regarding the term mall is quite high. May it be a children, youngster, or any
senior citizen all of them are equipped with sound knowledge.
2)
Third question shows the reason of a paradigm shift of customers from kirana
stores to malls. Different customers hold different view but most of them prefer
shopping at any mall because they get all sorts of merchandise under one
roof .The second most preferred option shows that customers enjoy shopping
at leisure.
3)
The most prominent location as per the survey should be the middle of the city
and very few of them are of view of having mall at the outskirts of the city.
4)
5)
The two most attractive parts of a mall are gift corner and music corner which
could be focused upon for growth.
6)
The two most preferred section of a mall are apparels section and food, staples
section which needs to be handled very carefully.
7)
Clothes and accessories are the products which a customer likes to purchase
from a Retail Market.
8)
Customers wish to receive after sales services in the form of value added
service in addition to their normal purchase.
9)
The customers are satisfied with services provided to them in a Retail Market
and there are only a few of them who are not satisfied with it.
10)
The two most preferred amusement spots in a Retail Market are cinema
section and food section which need to be focused upon.
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45
11)
There are various sorts of benefits which a customer draws from a Retail
Market but the two most preferred options are shopping at leisure and quality
validation.
12)
The customers are highly satisfied regarding the quality of the products offered
to them excluding a few of them.
13)
Majority of people are of view that shopping in a Retail Market saves their
quality time and this may be regarded as the auxiliary reason for the customers
shift.
14)
Majority of the people holds the view that these Big Bazar are posing great
threat to our traditional shops.
15)
Most of the customers are of the view having more number of Retail Market in
their city in spite of knowing that these Market are posing threat to our
traditional.
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CONCLUSION
1)
This survey reveals the fact that as the extent of a awareness among the
customers is quite high hence perfect decisions are required regarding every
aspect of a mall because today a retailer does not get any second chance as
the competitors are also present in good numbers.
2)
As the customers are moving from a kirana store to a Retail Market. Retailers
need to focus on continuous availability the products. The customers enjoy
shopping at leisure hence they would be given treatment as if they are at home.
3)
The two most preferred sections of mall namely gift corner and music corner
should be given great attention as could be used as a way of attracting
potential customers.
4)
Clothes and apparel section should be handled with great care as are the spots
of frequent purchases and could be used as a profit earning tool.
5)
Cinema section and food section could be used as a sight of displays of various
Merchandise.
6)
As these malls are posing threat to the traditional shops hence the traditional
shops should adopt corrective measures to improve their growth and also the
modern technology to compete with these retail giants.
7) There is huge scope of growth for a mall in our city hence it is clearly depicted that
there is a negative impact of mall culture in varanasi city.
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LIMITATIONS
Although proper care has been taken to keep the survey free from errors, but
the study de facto suffers from some inconsistencies. The errors, what-so-ever, might
have crept in to the study due to the following reasons:
1.
The questionnaire was not taken seriously by many surveyed respondents due
to which they have filled in
2.
3.
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ANNEXURE
"FUTURE OF RETAIL MARKETING IN INDIAN MARKET
(BIG BAZAR)"
Address:
..................................................................
Pin:
Gender: Male/Female
Age:
..
Marital Status: Married/Unmarried
Date:..
Signature:
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Questionnaire
(b) 24 35 year
(d) Above 50 year
Que.2 Gender
(a) Male
(b) Female
(b) Unmarried
b. Govt. Employee
c.House Wife
d.Student
e.Any Other
Que.5 What is your income level [monthly in Rs]
a.0-10,000
c.20,000-40,000
b.10,000-20,000
d.40,000+
b.3-5 kms
c.5-8 kms
b.12:00-4:59
c.after5:00pm
Que.8How often do you visit the store
a. Daily
b. Weekly
c. Monthly
d. Occasionally
b. Discount
d. Nearby
b. Jalans
d. Big Bazar
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