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Contents
FOR
THE PARTIAL FULFILLMENT OF THE AWARD OF THE DEGREE OF
“MASTER OF BUSINESS ADMINSTRATION”
FROM GGS IP UNIVERSITY
DELHI
BATCH: 2017-2019
Authorised Person
Signature
Name
Designation
(With stamp)
Supervisor Certificate – Faculty Mentor
To the best of my knowledge the project work done by the candidate has not been
submitted to any university for award of any degree. His/her performance and conduct
has been good.
(Signature)
Name of the faculty supervisor
AIMT-Gr. Noida
Date:
Certificate of Originality
I want to show my sincere gratitude to all those who made this study possible. First of
all I am thankful to the helpful staff and the faculty of Army Institute of Management
and Technology. Second I would like to extend my sincere thanks to my Industry
Guide, ---------pankaj kumar singh-------------------------, for his/her untiring
cooperation. One of the most important tasks in every good study is its critical
evaluation and feedback which was performed by my faculty guide -----dr. anubhav
verma-----------------------------. I am very thankful to my Faculty as well as Industry
guide for investing his precious time to discuss and criticize this study in depth, and
explained the meaning of different concepts and how to think when it comes to
problem discussions and theoretical discussions. My sincere thanks go to my Institute
and family, who supported and encouraged me.
This report is undertaken to increase the customer base of the company lots wholesale
solutions in Noida area the objective of the project is to cover the area customer segment
wise there are three main segment which this report considered hotel restaurant and caters
Making aware customers in market by interacting with them and studying the consumer
Making aware the customer in the market like food, non-food commodity which company is
providing.
To increase the customer base it is necessary to know about the markets in Noida. For this
first we have maintain the daily sales report by going in the market to study the market
And this was analysis is done by going in the market that customers which are come under
the head of Hotel restaurant and caters are very much conscious about the price. Whereas the
customers which are come under the service corporate offices and education institute are
And by taking these requirement of the customer we are successfully coverteted most of the
Acknowledgement .......................................................................................................................(iv)
Executive Summary……………………………………………………………………………..(v)
Bibliography
Retail comes from the French word retailer, which refers to "cutting off, clip and divide" in terms
of tailoring (1365). It first was recorded as a noun with the meaning of a sale in small amount in
1433 (French). Its literal meaning for retail was to "break things in small quantities, paring”.
Retail is the final step of any economic activity. By feature of this fact, retail occupies an
important place in the world economy. According to Philip Kotler, Retailing contains all the
activities involved in selling goods or services to the final consumers for personal, non-business
use. A retailer or retail store is any business enterprise whose sale volume comes mainly from
retailing. These are the final business units in a distribution channel that links manufacturers to
customers. Manufacturers usually make products and sell them to retailers or wholesalers.
Wholesalers resell these goods to the retailers and finally, retailers resell these products to the
ultimate consumers. In India if any forcing player come in the market with total foreign direct
investment then according to the government policies that foreign player is not allowed to do
3. Display the merchandise in an actual manner so that shoppers find it easy and attractive to
buy.
. Retail Concept the retailing concept is fundamentally a customer oriented, company-wide
must be followed by all retailers unrelatedly of their size, channel design, and medium of selling.
. Customer orientation the retailer makes a suspicious study of the needs of the customer and
2. Goal orientation the retailer has perfect goals and devises strategies to achieve those goals.
3. Value driven approach the retailer deals good value to the customer with merchandise keeping
4. Coordinated effort every task of the firm is aligned to the goal and is designed to maximize
Wholesalers sell in large bulk quantities, without worrying about many of the aspects of retailing
that consumers expect like visual merchandising. Wholesalers do not want to business with a
large number of end-user customers. Rather, their goal is to sell bulky quantity to a small number
of retailing companies.
It is rare for a wholesaler to sell goods straight to consumers. The exception to that would be
membership warehouse. These members only retail stores are a mix of wholesaling and retailing
in that they sell directly to consumers, but they sell in large quantities, which often allows them
to sell at prices that are lesser than other retailers that sell in small quantities from impeccably
The big difference between wholesale and retail is in the rate. The retail price is always high than
the wholesale price. The reason for this is because the added cost of selling produce to end-user
customers—labor, rent, advertising, etc.—is factored into the pricing of the merchandise. The
wholesaler doesn’t have to deal with such expenses, which allows him to sell goods at a lower
cost.
The retail supply chain involves of manufacturers, wholesalers, retailers, and the consumer (end
user). The wholesaler is directly associated to the manufacturer, while the retailer is connected to
Here are the roles of the key performers in a typical retail supply chain:
Manufacturers: Produce the goods, using machines, raw materials, and human resource.
Wholesalers: Purchase complete goods from the manufacturers and sell those goods to
Retailers: Sell the goods in insignificant quantities to the end-user at a higher price,
Consumer: End-user who buys the goods from the retailer for personal use.
There are exceptions to this outdated supply chain, however. Some of the world's biggest retail
companies like Wal-Mart, and Amazon.com, for example, are large ample to deal directly with
manufacturers, without the need for a wholesaler in the middle of the transaction.
Here are some examples of the different types of retail stores where consumers can purchase
Department Stores: Sell a varied range of merchandise that is arranged by category into
different sections of the physical retail space. Some department store categories consist of
store retailers include Macy's, Nordstrom, and JCPenney, to name just a few.
Grocery Stores and Supermarkets: Sell all types of food and beverage products, and
Warehouse Retailers: Large plain warehouse-type services stocked with a large variety
Specialty Retailers: Specialize in a specific set of products. Toys ‘R’ Us, Victoria's
.
Convenience Retailer: Usually part of a retail position which sells gasoline primarily,
but also sells a limited range of grocery commodities and auto care products at a
Discount Retailer: Sell a wide variation in products is often private labeled or generic
brands at below-retail prices. Discount retailers like Family Dollar, Dollar General, and
Big Lots will often foundation closeout and discontinued merchandise at lower-than-
Mobile Retailer: Uses a smartphone platform to process retail businesses and then ships
Internet Retailer: Sells from an Internet shopping website and ship the purchases
directly to customers at their homes or workstations and without all the expenses of a
TO
Headquarters Haryana
Website www.lotswholesale.com
Core phlilosophy
Mission
To deliver superior value to our customer shareholder employees and society at large
Vision
Community
Company
Strong corporate governance is essential for a successful business, and our board members
ensure LOTS Wholesale Solutions operates with integrity and accountability.
Learn more about our corporate governance policies and read our Statement of Ethics.
Tanit Chearavanont
Managing Director
The recently launched store which is spread over an area of 50,000 sq.ft. will supply to more
than 50,000 registered members which include hotels, restaurants, and caterers (horeca), kirana
stores, corporates, MSMEs and institutions such as government agencies, educational institutes,
and hospitals.
Indian retail sector is increasing exponentially; more particularly food retail is pacing past other
sectors. Food processing and food retail are footage robust growth. The arrival of the
multinational companies like CP Wholesale in India and registering their presence by opening
chain of stores in India and inauguration of their first store LOTS in Delhi shows the reputation
of Brand India in the world. Days are not far for India to come to be the Global Food Market and
Global Food Factory," Harsimrat Kaur Badal, Minister of Food Processing Industries.
The company had declared its foray into India at the World Food India 2017 with a
Memorandum of Understanding worth Rs1,000 crores signed with the Ministry of Food
Processing Industries. With its initial ways in Delhi NCR, LOTS Wholesale Solutions will help
generate 5,000 direct and indirect jobs over the next five years.
Talking about the promotion of the first store in India, Tanit Chearavanont, Managing Director,
LOTS Wholesale Solutions said, "It is a landmark day for LOTS Wholesale Solutions and Siam
Makro as we show our first wholesale centre in India. Through this store, the registered
associates of LOTS Wholesale Solutions will enjoy the benefits of a vast assortment of high-
quality food and non-food products, tailored to the specific needs of the Delhi market. We will
offer our business customers a wholesale experience of global standards with a focus on high-
quality products and customised services designed to make their purchasing easier, more
efficient and economical. The store will become wholly operational and cater to our customers
from 19th July onwards."
Under its region-specific business plan, LOTS Wholesale Solutions will provide support to
home-grown brands and local suppliers. Fresh produce will be directly sourced from local
farming communities, which will help farmers increase their income whilst reducing wastage
during transportation and storage.
As the future of 12 million of shopkeepers, policy makers and even some state governments in
consultation with center have been planning to restrict foreign players in the Indian retail sector,
which is in its nascent stage. Therefore, the decision of letting FDI in retailing has been a
controversial subject for last decade. FDI is allowed in several segments of the economy by the
central government but FDI in retailing is still restricted and not allowed in full swing.
There for the company is dealing in wholesale business in India the company strategy to increase
the customer base by registering the registered business under the head of the company and also
providing the service to the four employee of the company and welcome them to come and buy
Non-food items (NFIs) : are items other than food. The term is especially used
in humanitarian contexts, when providing NFIs to those affected by natural disasters or war may be
a life-saving priority. Typically, they include essential household items such as blankets, plastic
sheets, buckets and other containers for water, cooking items and soap
consumed to provide nutritional support for the body. It is usually of plant or animal origin, and
Edible fungi
Baked goods
Breads
Dairy products
Eggs
Meat
Cereals
Seafood
Staple foods
Goods (CPG) are products that are sold quickly, and at relatively low cost. Examples
TOPIC INTRODUCTION
Customer acquisition is the process of bringing new customers or clients to your business. The
goal of this process is to create a systematic, sustainable acquisition strategy that can evolve with
Customer acquisition is important for businesses of any age and size. It allows your business to
2) Show evidence of traction for outside parties such as investors, partners, and influencers.
Being able to systematically attract and convert new customers keeps companies healthy and
At this point you may be asking, “What’s the difference between lead generation and customer
In the business world, we visualize the customer journey typically with a funnel or a similar
graphic that highlights the stages in the buying process and the mindset of the prospect.
As consumers move through the funnel (as part of their journey as a buyer), they:
To simplify the process, lead generation typically happens at the top of the funnel,
lead acquisition happens in the middle, and lead conversion happens at the bottom. And
For the sake of this guide, we’re going to use customer acquisition in reference to the top and
middle of the marketing funnel — lead generation and acquisition combined. This is because the
bottom of the funnel (conversion) typically requires more dedicated, customized methods to
In the example above, customer acquisition lives in the attract phase, where consumers become
So, now that we’ve defined customer acquisition and its place in the overall marketing process,
You’ve heard the buzzword: customer acquisition cost, otherwise known as CAC. Customer
acquisition cost (CAC) is the cost associated with bringing a new customer or client to your
business, such as marketing costs, events, and advertising. It’s typically calculated in reference to
CAC is important because it assigns real value to your marketing efforts and allows you to
measure your ROI — a metric inquired about by CEOs, managers, and investors alike.
How to Minimize Customer Acquisition Cost
Here’s a simple truth about marketing: You can always do better. You can always reach new
Depending on your outlook, this could be good or bad news. Personally, I find it motivating.
There’s always something to learn and always something to improve upon. Better yet, you aren’t
stuck with a subpar metric that your executives or investors aren’t quite happy about.
If you’re looking to improve your CAC, here are a few ways to minimize the cost of acquiring
new customers:
1. Improve your website conversion efforts. Enhance your calls-to-action, ensure your site is
mobile and tablet responsive, optimize your landing pages, and clean up your copywriting.
Consider A/B testing a landing page or shopping cart to see if a certain design or copywriting
angle works best. These will make sure any customer acquisition methods you’re already
2. Boost the value of your current customers. This may involve releasing a new product or
upgrade in which your customers can also invest in. User value can also skyrocket when they
refer other customers or simply act as promoters for your business. (We’ll touch on more of this
below.)
3. Adjust and optimize your customer acquisition strategy. Take some time to lay out your
acquisition blueprint and see what each method is costing you. Where could you cut back on
extra marketing spend or manpower? Costs for specific channels can rise over time, and you can
always minimize CAC by finding newer, cheaper channels to invest in. This process also ensures
your strategy reflects the most recent marketing trends and remains agile.
4. Objective
To improve the customer base for the company with the help of sales force and making the
First making the customer about the company and converting them as potential customer.
Take orders from the registered customers from hotels restaurant and caters and service
corporate offices.
Identify the problem in market which we can solve to satisfy the customer.
I first started with the making the market research that in which sector in Noida we can get the
Hub of hotels and cooperate offices. Objective was that to bring them under the umbrella of lots
Wholesale solution as registered customer and making them aware about the company and what
A literature review is both a summary and explanation of the complete and current state of
knowledge on a limited topic as found in academic books and journal articles. The literature
review should include the Objective of the literature review, Overview of the subject under
consideration, Clear categorization of sources selected into those in support of your particular
position, those opposed, and those offering completely different arguments and discussion of
both the distinctiveness of each source and its similarities with the others.Preparation of a
2. Search the library catalogue, subject specific databases and other search tools to find sources
3. Read and evaluate the sources and to determine their suitability to the understanding of topic
4. Analyse, interpret and discuss the findings and conclusions of the sources you selected.
Hypothesis Formulation
Hypotheses formulation requires understanding about the population data that is under
consideration for testing. Hypotheses formulation related to the average speed of a particular
vehicle type moving on a road section is discussed in the remainder of this section.
Research Methodology
It is the specification of the methods and procedures used for acquiring the information needed.
In short, it is master plan for conducting the research study. It should be noted that a research
methodology is unique to a research design. Collection of data from the market and
understanding the problem of market and giving solution.
It includes:
Research type
Sample size
Sampling procedures
Data collection techniques
Survey design:
The study is a cross sectional study because the data were collected at a single point of time. For
the purpose of present study a related sample of population was selected on the basis of
convenience.
A sample of 50 peoples & 3 stores was taken on the basis of convenience. The actual customers
Research Period:
This work is carried out through face to face survey &self-administered questionnaires. The
questions included were open ended, dichotomous and offered multiple choices.
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 “Brand awareness
of Spencer’s and its comparative analysis with Big Bazaar & other retail organizations ”.
The data has been collected directly from respondent& with the help of structured
questionnaires.
Secondary Source: The secondary data was collected from Company’s website and
Data Analysis:
The data is analyzed on the basis of suitable tables by using mathematical techniques. The
technique that I have used is pie graphs, Bar graphs, with MS Excel & SPSS.
Main market:
Sector 18
Sector 50
Sector 60
Sector 59
Kaushambi
Vaishali\
Sector 41
Sector 49
Sector 25
Sector 12/22
1. Sector 49 Noida.
Registration
Sector 50 market 25 16
Sector 49 30 18
Sector 18 15 8
Sector 41 22 15
Sector 25 22 15
Sector 51 10 4
kausambhi 50 30
vaishali 40 22
Sector 16 17 9
Sector 19 11 6
Sales
visit
ragistered
This this the project which is taken for the first time as company is going to setup a new store in
Noida sector 62 this data is taken by me by visiting the market continuously and approaching
Registration
Sector 63 26 18
Sector 18 15 9
Sector 59 20 5
Sector 60 16 6
Fig 3
visit
ragistered
Interpretation
In service corporate offices the prchase department handle all the purachasing for the offices and
most of the things are done on contract basis and its very diffecult to break the contarct of
coorporate offices in two months almost half of the market was ragistered in lots wholesale
solutions
Survey on LOTS WHOLESALE SOLUTIONS
retail
Response Number of
Respondent
Yes 10
No 30
Total 40
Sales
Interpretation
In the above question we found that 10 people know about LOTS WHOLESALE SOLUTIONS
& 30 people are not. If we see in percentage so 93% know about spencer & 7% are not
Response Number of
Respondent
Yes 5
No 35
Total 40
Sales
Interpretation
In the above question we found that out of 40 peoples 5 people are visited LOTS WHOLESALE
SOLUTIONS & 35 people are not.
3. Visited NSP, Delhi LOTS WHOLESLAE SOLUTIONS once, twice or
more?
Once 1
Twice 1
Total 5
Sales
Interpretation
In the above question we found that out of 40 peoples 1 peoples visited once, 1 peoples twice &
3 more than twice are visited LOTS WHOLESALE SOLUTIONS.
4. Peoples not visited to local retail stores?
Local shops 12
Best Price 20
Any other stores 8
Total 40
Sales
Interpretation
In the above question we found that out of 40 people 12 people visited Local shops ,20 people
visited Best Prize & 8 to other stores.
5. LOTS WHOLESALES SOLUTIONS products range available to
customers?
Sales
o Cover all the hotels restaurant and service corporate offices which are not
covered.
o Our expected service gap is still short of 40%, which should be covered as soon as
possible.
o Give training to the sales force and assign them market to cover all market
customer segments wise.
o Markets like vaishali kausambhi sector 41are market with potential customer has
to give extra attention.
A Customer Care should be appointed at market : Complaint Book- A complaint book should be
kept with every CDA and the contact no. of the CDA should be available with every retailer. The
CDA have to note down all the grievances of the retailers and every month ASM must check that
the problems of each and every retailer is being resolved
CONCLUSION AND RECOMMENDATIONS
For promotional offers, company should go for free gifts rather than
going for other ways.
Company should work on the plan for SCOs for customer Acquisition
Company should hunt for the big cooperate offices rather than small
once.
Provide good customer service to their registered customers and provide
them solution for their problems.