37154296 research project on big bazaar

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    A DISSERTATION REPORT

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    A Study on Buying Behavior of Customerin

    Big Bazaar in Meerut

    SUBMITTED TO: SUBMITTED BY:Prof. P.K. AGARWAL Ranjeet Kumar Bhargava

    Director P.G.D.M, IV Sem Roll No-M07044

    IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THEPOST GRADUATE DIPLOMA IN MANAGEMENT

    IIMT PROFESSIONAL COLLEGE,

    MAWANA ROAD, GANGA NAGAR, MEERUT,

    UTTAR PRADESH, INDIA

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    DECLARATION

    I Ranjeet Kumar Bhargava, a student of PGDM IV Semester of IIMT

    PROFESSIONAL College, Meerut hereby declare that the research project report

    titled A Study on Buying Behaviour of Customer in Big Bazaar is my

    original work and the same has not been submitted for the award of any other

    diploma or degree.

    Place: Meerut

    Ranjeet Kumar Bhargava

    Date:

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    Acknowledgement

    A project is never the sole product of a person whose name has appeared on the cover.Even the best effort may not prove successful without proper guidance. For a good

    project one needs proper time, energy, efforts, patience, and knowledge. But without any

    guidance it remains unsuccessful. I have done this project with the best of my ability and

    hope that it will serve its purpose.

    To be or not to be is not anything which matters, how to be thankful is what really

    matters

    It was really a great learning experience and I am really thankful to my faculties, who not

    only helped me in the successful completion of this report but also spread his precious

    and valuable time in expanding my knowledge base.

    I wish to acknowledge my gratitude towards IIMT Management College, my friends and

    all those persons who are responsible for the successful completion of this project.

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    Executive Summary

    As customers taste and preferences are changing, the market scenario is also

    changing from time to time. Todays market scenario is very different from that of

    the market scenario before 1990. There have been many factors responsible for

    the changing market scenario. It is the customers changing tastes and

    preference, which has bought in a change in the market. Income level of the

    people has changed; life styles and social class of people have completely

    changed now than that of olden days. There has been a shift in the market

    demand in todays world. Technology is one of the major factors, which isresponsible for this paradigm shift in the market. Todays generation people are

    no more dependent on hat market and far off departmental stores. Today we can

    see a new era in market with the opening up of many departmental stores,

    hypermarket, shoppers stop, malls, branded retail outlets and specialty stores. In

    todays world shopping is not any more tiresome work rather its a pleasant

    outing phenomenon now.

    The study is based on a survey done on customers of a hypermarket named big

    bazaar. Big bazaar is a new type of market, which came in to existence in India

    since 1994. It is a type of market where various kinds of products are available

    under one roof. My study is on determining the customers demand for big

    bazaar and the satisfaction level of customers in big bazaar. The study will find

    out the current status of big bazaar and determine where it stands in the current

    market.

    This market field survey will help us in knowing the present customers tastes and

    preferences. It will help in estimating the customers future needs and wants.

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    LIST OF CONTENTS

    S.No. Name of Contents Page

    NO.

    1. INTRODUCTION 8

    2. COMPANY PROFILE 20

    3. RESEARCH OBJECTIVE 37

    4. RESEARCH METHODOLOGY 39

    5. LIMITATIONS 43

    6. ANALYSES AND INTERPRETATION 45

    7. SWOT ANALYSIS 79

    8. SUGGESTIONS 82

    9. CONCLUSIONS 85

    10. QUESTIONNAIRE 88

    11. BIBLIOGRAPHY 96

    12. ANNEXURE 99

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    Introduction

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    Introduction About the Company

    Pantaloon Retail India Ltd (PRIL) has emerged as the leading retailer in India with its

    chain of Pantaloon, Big Bazaar and Food Bazaar stores. With the right mix of

    management capabilities, high growth product profile, well-developed strategy and

    extensive IT and logistics capabilities, PRIL has ensured rapid growth. More importantly,

    while most organized retailers are struggling to be in black, PRIL has demonstrated a

    consistent track record of profitable growth.

    COMPANY RESEARCH

    PRIL has chalked out an aggressive expansion plan to increase its retail space to over

    1,740,000 sq.ft. over the next two years. Space for additional 4 Pantaloons, 11Big

    Bazaars and 2 Food Bazaars has already been finalized, and these would be Operational

    over the next two years. PRIL aims to set up over 30 Food Bazaars and is scouting for

    appropriate locations for the same.

    After popularizing the concept of hypermarket in India, PRIL is now also setting up a

    new format shopping mall in the country under the name Central. The format would be

    on the lines of a Selfridhes in London or a Central Mall in Bangkok. Two malls of

    100,000 and 240,000 sq.ft. are being set up in Bangalore and Hyderabad respectively

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    Diversity of product range will ensure profitable volume growth

    To achieve better return on retail space, PRIL uses certain product categories as margin

    managers and certain product categories to generate traffic. The food and groceries

    business will act as key volume growth driver while high share of apparel (which account

    for over 80% sales in Pantaloon Stores and 40% in Big Bazaar) will enable PRIL to

    maintain high margins. The management has demonstrated its ability to improve stock

    turnovers in both the formats successfully, which has enabled significant margin

    improvement.

    Fully integrated value chain and own labels give competitive edge

    PRIL has a completely integrated value chain in apparels from fabric manufacturing to

    apparel manufacturing, branding, distribution to retailing. The company controls the total

    value chain from yarn to apparel retailing and gives a competitive edge in terms of speed

    of delivery; lower inventory carrying costs and better realizations. Also, large part of

    PRILs apparel revenues comes from own private labels. PRIL has developed significant

    competencies in apparel branding over a period of time and has developed own labels

    (John Miller, Shrishti, Bare, Annabelle, AFL) in all the apparel product categories.

    Worldwide, private labels give higher margin to retailers than the national brands.

    Also growth of private labels is faster as retailer controls shelf space and visibility. Other

    initiatives such as faster turnover of stocks by introducing 6 seasons in a year (against 2

    earlier) has helped in bringing down inventory levels and at the same time providing

    wider choice to customer and improving frequency of customer visits.

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    High scalability of business model multiplier effect will set in

    Size and scale drive economies on procurement and lower logistics costs, which enables a

    retailer to deliver better value to customers. The hyper-market format has much higher

    scalability as compared to the pure apparel-retailing format. Also, the potential to expand

    and scale is virtually unlimited in the food & grocery segment, where efficiencies

    improve dramatically with scale as the multiplier effect sets in. Food constitutes the

    largest expenditure item (estimated at over 50%) of an average

    Indians monthly personal expenditure. However, the share of modern retail formats in

    the Rs6700bn Food & Grocery market is a minuscule 0.3%, revealing the high growth

    potential in the segment.

    New product categories and innovative tie-ups to aid growth

    PRIL offers large number of products to the customer to give them better choice for

    selection. Different product categories have different depth and width in merchandise

    offering. Besides, PRIL has tied up with Shop-in-Shop partners in its Big Bazaar stores.

    Some product categories where the company does not have core competency or does not

    want to invest, but would attract customers are catered through these partners.

    Eventually, in the long run, the Company may manage some of these product categories

    on its own as volumes grow and it develops competencies in these businesses.

    Shop-in-Shop partners typically pay a fixed rental for their space and share a part of their

    profits. By expanding the range of product offerings and retail formats, PRIL today has

    been able to target a much larger share of the consumers basket (about 70% as against

    less than 8% in 1994).

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    PRIL will be adding new product categories to its business in both Pantaloons as well as

    Big Bazaar stores. Gold, Investment products, White goods and Appliances, Footwear

    will be the new product categories that will be added. These product categories will help

    in improving Walk Ins into its stores and generate additional business from the existing

    categories too.

    Competition from global players would pose a major threat

    Most global retailing majors have been keen on entering into the huge untapped Indian

    market. However policy restricts Direct Foreign Investment in the sector. There is a high

    likelihood of the Government lifting restriction on FDI into the retail sector in the near

    future. Entry of these foreign giants - with significant experience and skills in retail

    management would increase competition for PRIL. However, we believe that given the

    widely dispersed and heterogeneous nature of Indian markets, a foreign entrant would

    find it extremely difficult to establish a national presence. Pantaloon with its early

    Mover advantage and understanding of local markets is well entrenched to retain high

    customer share.

    Pantaloon Retail (India) Limited (PRIL) was incorporated on October 12, 1987 as Manz

    Wear Private Limited under the stewardship of Mr. Kishore Biyani. It was converted into

    a public limited company in September, 1991. The company sold branded garments

    under Pantaloon, Bare and John Miller brands. PRIL set up its first menswear Pantaloon

    Shoppe outlet in 1993. The companys name was changed to Pantaloon Retail (India)

    Limited in 1999, when it made a full-fledged entry into the retail segment through the

    Pantaloons Family Store.

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    Pantaloon Retail (India) Ltd: ACompany Snapshot

    Business Description:

    Pantaloon Retail (India) Ltd. The Company's principal activity is to operate chain retails

    stores in names of Big Bazaar, Food Bazaar, Central and Pantaloons. The Big Bazaar is

    the discount store which offers a wide range of products under one roof. The products

    include apparels and non-apparels such as utensils, sports goods and footwear. The

    Company also has its presence into gold retailing by launching Gold Bazaar. The

    Company's Food Bazaar provides a range of food and grocery products ranging from

    fresh fruits and vegetables, staples, FMCG products and ready-to-cook products. The

    Central offers a chain of stores including books and music stores, global brands in

    fashion, sports and lifestyle accessories, grocery store and restaurants. The Pantaloon

    retail stores focus largely apparels and accessories.

    About Pantaloon Retail (India) Ltd

    Pantaloon Retail (India) Limited is a leading retailer with a turnover of Rs. 1088 crores

    for the financial year ending June 2008. The company is headquartered in Mumbai and

    has a presence in Lifestyle Retailingthrough 18 Pantaloons Stores, 3 Central Malls in

    Bangalore, Hyderabad and Pune. In Value Retailingit is present through

    24 Big Bazaar hypermarkets, 38 Food Bazaars and 2 Fashion Stations.PRILhas a

    national presence with 2.6 million square feet of retail space across 24 cities.

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    Pantaloon: Fashion by Pantaloon

    Pantaloon is the company's departmental store and part of life style retail format. In fact,

    PRIL took its very initial steps in the retail journey by setting up the first Pantaloon store

    in Kolkata in 1997. In a short time Pantaloon has been able to carve a special place for it

    self in the hearts and minds of the aspirational Indian customers. The company has depth

    of offering for both men and women at affordable prices. A striking characteristic of

    Pantaloon has been the strength of its private label programme. John Miller, Ajile.

    Scottsvile, Lombard, Annabelle are some of the successful brands created by the

    company. With 13 stores across the country and an ever-increasing stable of private

    brands, Pantaloon - in the coming years is poised to become a leading fashion trendsetter.

    Big Bazaar: Is se sasta aur acha kahin nahin

    Big bazaar is the companys foray into the world of hypermarket discount stores, the first

    of its kind in India. Price and the wide array of products are the USPs in Big Bazaar.

    Close to two lakh products are available under one roof at prices lower by 2 to 60 per

    cent over the corresponding market prices. The high quality of service, good ambience,

    implicit guarantees and continuous discount programmes have helped in changing the

    face of the Indian retailing industry. A leading foreign broking house compared the rush

    at Big Bazaar to that of a local suburban train.

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    Food Bazaar Wholesale prices

    Food Bazaars core concept is to create a blend of a typical Indian Bazaar and

    International supermarket atmosphere with the objective of giving the customer all the

    advantages of Quality, Range and Price associated with large format stores and also the

    comfort to See, Touch and Feel the products. The company has recently launched an

    aggressive private label programme with its own brands of tea, salt, spices, pulses, jams,

    ketchups etc. With unbeatable prices and vast variety (there are 42 varieties of rice on

    sale), Food Bazaar has proved to be a hit with customers all over the country.

    Big Bazaar

    Big Bazaar is a chain of shopping malls in India, owned by the Pantaloon Group and

    which work on Wal-Mart type economies of scale. They have had considerable success in

    many Indian cities and small towns. Big Bazaar provides quality items but at an

    affordable price. It is a very innovative idea and this hypermarket has almost anything

    under one roof.Apparel, Footwear, Toys, Household Appliances and more. The

    ambience and customer care adds on to the shopping experience.

    Is Se Sasta Aur Accha Kahin Nahin !

    What's in store for you at Big Bazaar?

    1,70,000 products at 6- 60 % discount.

    At Big Bazaar, you will get: A wide range of products at 6 60 % lower than the

    corresponding market price, coupled with an international shopping experience.

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    Products available in Big bazaar

    Food Bazaarscore concept is to create a blend of a typical Indian Bazaar and

    International supermarket atmosphere with the objective of giving the customer all

    the advantages of Quality, Range and Price associated with large format stores and also

    the comfort to See, Touch and Feel the products.

    Apparel and Accessories for Men, Women and Children.Baby Accessories.

    Cosmetics

    Crockery

    Dress Materials Suiting & Shirting

    Electrical Accessories

    Electronics

    Footwear

    Toys

    Home Textiles

    Home Needs

    Household Appliances

    Household Plastics

    Hardware

    Home Decor

    Luggage

    Linens

    Sarees

    Stationery

    Utensils & Utilities

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    'FOOD BAZAAR'a division of Pantaloon Retail India Ltd is a chain of large

    supermarkets with a difference. It was flagged off in April'02. With store sizes ranging

    from 8,000 sq ft to 15,000 sq. ft. in Mumbai (two stores), Kolkata, Bangalore &

    Hyderabad, it is opening more stores at Gurgaon (Delhi), New Bombay & Nagpur. It

    currently caters to over 1.2 million customers every day across 4 outlets in India and is

    soon set to expand and double this figure across 12 outlets all over the country by June

    2009.

    Food Bazaar offers the Indian consumer the best of Western and Indian values. The

    western values of convenience, cleanliness and hygiene are offered through pre packed

    commodities and the Indian values of "See- Touch- Feel" are offered through the

    Mandi atmosphere created by displaying staples out in the open, all at very economical

    and affordable prices without any compromise on quality. This satisfies the Indian

    consumer and comforts her before making her final buying decision. At other super

    markets, the consumer is deprived of this factor.

    Truly the Indian consumer now agrees with Food Bazaar:"Ab Ghar Chalaana

    kitna Aasaan. This positioning platform of Food Bazaar is evident from the higher

    discounts and the wholesale price-points which is below MRP.

    Food Bazaar represents the companys entry into food retail and is

    targeted across all classes of population. Food Bazaar replicates a local mandi, to

    provide the much important touch & feel factor which Indian housewives are used to in

    the local bazaar. Food Bazaar has over 50,000 stock keeping units which cover grocery,

    FMCG products, milk products, juices, tea, sugar, pulses, masalas, rice wheat etc, besides

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    fruits and vegetables. All products are sold below MRP and discounts range between 2%

    to 20%. Fruits and vegetables are sold at prices comparable to wholesale prices

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    Introduction toSubject

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    Retailing

    The Indian consumer could well be crowned King with all economic indicators in the

    right place. Queuing up for the coronation ceremony are a multitude of global companies

    that are looking at India as the next consumer market powerhouse. And it seems to be the

    retail sector that will give the desi consumer royal status.

    In this study I will try to find out the present scenario of retail market in India. This

    project will give focus on the global scene to retail industry and what will drive the

    growth of industry in the future.

    Retailing is the final step in the distribution of merchandise, the last link in supply chain

    connecting the bulk procedures of commodities to the final consumers.

    Retailing in India is thoroughly unorganised. There is no supply chain management

    perspective. According to a survey by AT Kearney, an overwhelming proportion of the

    Rs. 400,000 crore retail market is UNORGANISED. In fact, only a Rs. 20,000 crore

    segment of the market is organised.

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    From a size of only Rs.20,000 crore, the ORGANISED retail industry will grow to Rs.

    160,000 crore by 2008. The TOTAL retail market, however, as indicated above will grow

    20 per cent annually from Rs. 400,000 crore in 2000 to Rs. 800,000 crore by 2008.

    A study by McKinsey points out that India's market for consumer goods could reach a

    whopping $400 billion by 2010 - making it one of the five largest in the world. Further,

    KPMG in a recent report titled `Consumer Markets in India - the next big thing?' has

    said: "India represents an economic opportunity on a massive scale, both as a global base

    and a domestic market." The report, however, finds that the next leap in the growth of the

    consumer market will be spearheaded by the changing dynamics of the retail sector.

    "Companies expect that the next cycle of change in Indian consumer markets will be the

    arrival of foreign players in consumer retailing. Although FDI remains highly restricted

    in retailing, most companies believe that will not be for long," says Deepankar Sanwalka,

    Executive Director and Head - Consumer Markets, KPMG India.FDI in retail has once

    again begun to appear imminent following Prime Minister Manmohan Singh's recent

    interview to McKinsey, in which he expressed confidence that he would be able to get the

    Left parties on board on the matter. KPMG is in fact going ahead with its plans to

    conduct a series of five roadshows in the US and a few countries in Europe to hold

    discussions about the opportunities in India's consumer markets, especially in retail. And

    the numbers do lend credence to the enthusiasm.The Economist Intelligence Unit (EIU)

    country briefing on India, 2008, estimates the retail market in India will grow from $394

    billion in 2008 to $698.9 billion in 2011. In fact, KPMG finds that the organised retail

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    sector in India is expected to grow at a higher rate than GDP growth in the next five

    years, driven by changing lifestyles, strong income growth and favourable demographic

    patterns. According to EIU, India currently has more than five million retails outlets, out

    of which 96 per cent are smaller than 500 sq. ft. But this scenario is changing fast. .

    Emerging trends in organized retailing

    Over the last five years, a number of large business groups such as Tatas, RPG, Rahejas

    and Piramals has set up stores/malls and built businesses within retail. Thesem include

    the Rs1.9bn Food World - a leading supermarket chain set up by RPG; the Rahejas

    Rs1.8bn Shoppers Stop - a multi-brand departmental outlet and the Crossroads Mall set

    up by the Piramals. While many of these initiatives were initially driven by the need to

    use existing real estate, they are beginning to assume the contours of a serious business

    today.

    Fuel retailers, notably BPCL and HPCL are also expanding their presence from fuel retail

    to grocery and convenience stores. Suitability of location, optimal utilization of real

    estate, diversifying business to reduce reliance on the commodity nature of fuel retail

    business and improve margins are the key factors that has lead fuel majors to

    enter into the retailing.

    Also, existing family owned businesses are expanding their businesses. The more

    successful of them are the Nilgiris - a Bangalore base food retailer, Viveks - a 40-year old

    Chennai based chain selling consumer durables and Narulas - the food chain in North

    India.

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    Interestingly, manufacturers are also looking for forward integration and are building

    chains around brands. Brands in apparel, footwear and durables have driven the growth

    of specialty chains and upgraded existing multi-brand outlet.

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    Theme for a mall

    Although the retail sector in India highly fragmented and consists predominantly of

    small, independent, owner-managed shops, it happens to be the country's second

    largest employer after agriculture. The country is currently witnessing a boom in

    retailing, thanks mainly on account of an increase in the disposable incomes of

    middle and upper-middle class households.

    More and more corporate houses, including large real estate companies, are now

    entering the retail business directly or indirectly. One sign of the modernization of

    Indian retailing is the rapid growth in the number of speciality malls and theme

    malls. The Piramals, Tatas, Rahejas, ITC, S. Kumar's, RPG Enterprises, Aerens,

    Omaxe and mega retailers like Crosswords, Shopper's Stop and Pantaloon have taken

    the lead in organised retailing.

    Emergence of specialty retailing

    Though organized retailing is still at a nascent stage - accounting for only around two

    per cent of the $180 billion retail market in India - it is likely to touch 10 per cent by

    the end of this decade. Four product categories have led the organized retailing wave:

    foods, apparel, lifestyle products, consumer durables and electronics. In recent times,

    several theme malls such as Gold Souk (jewellery malls), Wedding Mall, Electronic

    Mall, Auto Mall, etc catering to specific needs and occasions have been completed or

    announced.

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    Many top developers are now toying with the idea of developing speciality malls.

    Speciality malls are already a success in the West, whereas the concept is in its infancy in

    India. One could venture so far as to say speciality and theme based retailing will drive

    the growth of organized retailing in India.

    ORGAINSED RETAILING

    Organised retailing got a leg up during 2008 with the opening of new format stores, rapid

    growth of existing players, start-up of new-generation shopping malls, the Government's

    intention of allowing a certain level of foreign direct investment in retail and the

    formation of a retailers' association. With consumer sentiment positive during most of

    2008, it led to substantial spending across a number of categories such as consumer

    durables, clothing and lifestyle, automobiles and telecom products. At the beginning of

    this decade, organized retailing accounted for a mere $2.9 billion in India. This is only

    1.25 per cent of the estimated total retail market. This share has already grown to 2 per

    cent. Growth projections for retail business vary widely. Some studies estimate that by

    2011, the share of organized retail in the retail pie will jump three times to reach 5-6 per

    cent.

    BIG BAZAAR AT DELHI METRO STATIONS!

    First time a Discount Hypermarket opens at a Metro Station

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    Pantaloon Retail opens 2 Big Bazaars at Wazirpur & Inderlok

    Metro stations in Delhi

    Pantaloon Retail (India) Limited, the countrys leading retailer, opens 2 BIG BAZAARS

    in Delhi. The two BIG BAZAARS are located at the Wazirpur and

    Inderlok Metro Stations respectively. This is the first time a discount

    hypermarket has opened at a station and Big Bazaar is proud to be the first to offer a

    never-before shopping experience to the metro commuters. The national tally of BIG

    BAZAAR is now at 20 taking the total tally of BIG BAZAAR in NCR region to 4.Both

    BIG BAZAAR, Wazirpur & BIG BAZAAR, Inderlok have FOOD BAZAARS within the

    store. This takes the national tally of Food Bazaar to 32 and total tally of Food Bazaar in

    NCR to 5.

    BIG BAZAAR will provide shoppers with a completely new shopping

    experience and make available -a range of products for every household

    need at never before prices Shoppers for the first time will have the widest range of

    products in every segment Womens Apparel, Mens Apparel, Accessories like belts

    and bags, Cosmetics, Gold Jewellery, Kids Wear, Stationary and Toys, Footwear, Plastics

    and Home Dcor products, Utensils & Home Appliances, Gift Articles, food and grocery

    items.Food Bazaar will offer services like Live Kitchen where customers can get

    vegetables cut and select gravies of their choice, Golden Harvest providing best quality

    grain, pulses & spices, Ready to cook and Hungry Kya the ready to eat food sections.

    In addition, regular Food Bazaar offerings of Grains and Provisions, Farm Fresh Fruits &

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    Vegetables, Drinks & Beverages, Dairy Products, Fabric Care products, Music Cassettes

    and CDs, Chill Station, Home Care Products, Accessories, Kitchen Linen.

    On the occasion of the launch, Mr. Kishore Biyani, Managing Director, Pantaloon Retail

    (India) Ltd., said, We are very proud to open 2 BIG BAZAARS at the 2 Metro Stations

    in Delhi. As has been the homemakers experience across the country, the store is a

    support to the homemakers untiring effort of saving the maximum while givingthe best

    to her family. Our opening of the 2 stores in Delhi after the runaway success of the other

    stores at Gurgaon & Ghaziabad shows our commitment to this region. It also reflects the

    love and affection the people of this region have showered on us!

    Living up to its motto of Is se sasta aur accha kahin nahin", 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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    A layout chart of Big bazaar located at Indralok

    LAYOUT INDEX

    1. HELP DESK

    2. KIDS ACCESSORIES

    3. JACKETS

    4. BABA SUITS

    5. LADIES TOPS

    6. TRIAL ROOM

    7. PILLARS USED FOR DISPLAYING INFORMATION (SIZE CHART, SECTION

    DESCRIPTION)

    8. WOOLEN CLOTHS FOR KIDS

    9. WINTER WEAR

    10. KIDS CASUAL WEAR

    11. KIDS JEANS AND SHORTS

    12. INFANT SHIRTS AND T-SHIRTS

    13. MEN ACCESSORIES SUNGLASSES, WRIST WATCHES ETC

    14. SOFT TOYS

    15. HOME DECORATIVE ITEMS

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    16. MUSIC COUNTER

    17. LADIES ETHINIC

    18. LADIES WESTERN

    19. LADIES FORMALS(OFFICE WEAR)

    20. LADIES ACCESSORIES LINGERIES

    21. LADIES PERFUMERIES

    22. LADIES COSMETICS

    23. LUGGAGE

    24. FOOTWEAR

    25. SPORTS

    26. SCHEME BASED PROMOTIONAL ITEMS

    27. CASH COUNTER

    28. HOME FURNISHING (CURTAIN CLOTHS, CARPETS)

    29. MEN FORMAL SHIRTS

    30. MEN TROUSERS

    31. MEN SUITS AND BLAZERS

    32. MEN FABRICS

    33. MEN ETHINICS

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    DESCRIPTION

    HELP DESKAs you can see from the layout, the Help Desk is located in a place

    where every one has their first sight that is in front of the entrance. This shows that when

    a person enters in to big bazaar it can get all information about the stores of big bazaar

    from the person sitting in the help desk. Help Desk uses paging service as a tool for the

    convenience of its employees and customers.

    KIDS SECTION The kids section is located just at the left corner of the entrance of

    big bazaar. In the kids section kids accessories like diapers, trolleys, suckers, water

    bottles are available in one part. Kids jackets and baba suits are available in another part.

    Kids casual wear (jeans and shorts) are placed in one part of it and infant shirts & t-shirts

    are also placed in another part. In this section the pillars are used for displaying

    information like size chart and section description. The apparels are available at a price of

    Rs59 onwards.

    MENS SECTION Next to it is the mens section that is in the center. It is divided

    in to five parts. At one part men formal shirts are available. In other parts men trousers,

    suits and blazers, fabrics and ethnics are available respectively. Here the price ranges

    from a minimum of Rs99 to Rs899.

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    LADIES SECTION Next to it is the ladies section that is in the extreme right side.

    The ladies section is segregated in to seven parts. Ladies section starts from ladies

    ethnics, ladies western wear, ladies formals (office wear), ladies accessories lingeries,

    ladies perfumeries, and ladies cosmetics respectively. Here the price of the apparel ranges

    from Rs99 to Rs1000 approx.

    Promotional schemeWith an add on to the above products there are various other

    products which are available with a promotional scheme. The various products under this

    scheme includes girl t-shirts, infant winter wear etc.

    Non-Promotional scheme There are various other products available without any

    promotional scheme which includes jeans, infant baba suits, infant t-shirts, kids night

    wear, kids salwar suits etc.

    Sports Store At the extreme corner there is a sports store where various kinds of

    sport items are available.

    Food Bazaar The food bazaar is in the 1st floor of the building. Various kinds of

    food items, fruits and vegetables are available there. Sitting arrangements are well made

    so that people can sit and take tea, coffee or snacks or any other food item and can relax.

    Cash Counter The cash counter is located just near the exit

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    Product Layout Chart

    Ground Floor First Floor

    1. Ladies Western 1. Fruits and Vegetables

    2. Ladies Ethnic 2. Golden Items

    3. Saree and Dress Materials 3. Ready to eat

    4. Night wear/Lingerie 4. Ready to cook

    5. Boys and Girls 5. Sweets and Farson

    6. Infants 6. Spices

    7. Toys 7. Beverage

    8. Mens Formals 8. Confectionaries

    9. Mens Ethnic 9. Tea and Coffee

    10. Mens Casuals 10.Personal Cars

    11. Mens Accessories 11.Plastics

    12. Mens Party 12.Utensils

    13. Denim and T-shirts 13.Crockeries

    14. Sportswear 14.Appliances

    15. Footwear

    16. Home Linen

    17. Luggage

    18. Sunglasses and Watches

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    BIG BAZAAR AT GURGAON

    From today, housewives and compulsive shoppers in Gurgaon need

    not step elsewhere for shopping. With Big Bazaar, the hypermarket

    (discount store) from Pantaloon Retail (India) Ltd. opening its first

    outlet in North India, they have a lot to choose from. Spread over an

    area of around 50,000 sq ft, Big Bazaar offers a variety of products

    2% to 60% lower than the corresponding market price. After

    consolidating its position in 4 cities namely Hyderabad, Kolkata,

    Bangalore and Mumbai (Lower Parel and Mulund), Big Bazaar is all set

    to win t! he hearts of people in Delhi and Gurgaon.

    Speaking at the launch, Mr. Kishore Biyani, Chief Knowledge Officer,

    Pantaloon Retail (India) said, "The Company was the first in India to

    launch a hypermarket discount store - Big Bazaar. Seeing the

    tremendous response, today we are pleased to bring the same

    excitement to shoppers in and around Gurgaon in the form of Big

    Bazaar with its variety, discounts and shopping ambience. The main

    attraction at Big Bazaar is the product variety. The company will stock

    about 1,70,000 items. In short, there is something for everyone."

    Big Bazaar has apparel and accessories for men, women and children

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    besides Cosmetics, Toys, Home Needs, Household Appliances, Gift

    items, Jewellery, Luggage, Linen, and a lot more.

    Food Bazaar, with an area of around 10,000 sq ft is also a part of Big

    Bazaar offering products at wholesale rates below the MRP. To attract

    regular bazaar-goers, a mandi has been created within Food Bazaar

    where Consumers could touch, feel, pick & choose products. This

    choice has been supplemented by the provision of packaged food for

    the Westernized shoppers. Food Bazaar will stock around 10,000 stock

    keeping units (SKUs). These will include provisions, vegetables, fruits

    and fresh produce, FMCG products, bakery products, basic staples,

    cereals, pulses, cooking oils, flour, spices, dry fruits, health food, baby

    food, dairy products, drinks, beverages as well as ready-to-eat and

    ready-to-cook product! s. There are special purchase offers and

    discounts worked out with several leading brands exclusively for Food

    Bazaar customers making shopping at Food Bazaar highly affordable.

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    Research

    Objective

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    OBJECTIVE OF THE STUDY:

    Main objective of the study is to find out the buying behavior of the customers coming in

    to Big Bazaar.

    There are some extensive objectives for the study which are listed below.

    1. To determine the current status of Big Bazaar.

    2. To find out the customers response towards Big Bazaar.

    3. To study the satisfaction level of customers in different attributes of Big Bazaar.

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    Research

    Methodology

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    RESEARCH METHODOLOGY

    Technology and customers tastes and preferences plays a vital role in todays generation.

    Research Methodology is a set of various methods to be followed to find out various

    informations regarding market strata of different products. Research Methodology is

    required for every industrial service industries for getting acquire knowledge of their

    products.

    Period of Study:This study has been carried out for a maximum period of 7 weeks.

    Area of study:The study is exclusively done in the area of marketing. It is a process

    requiring care, sophistication, experience, business judgment, and imagination for which

    there can be no mechanical substitutes.

    Sampling Design: The convenience sampling is done because any probability

    sampling procedure would require detailed information about the universe, which is not

    easily available further, it being an exploratory research.

    Sample Procedure: In this study convenience sampling procedure is used.

    Convenience sampling is preferred because of some limitation and the complexity of the

    random sampling. Area sampling is used in combination with convenience sampling so

    as to collect the data from different regions of the city and to increase reliability.

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    Sampling Size:The sampling size of the study is 200 users.

    Data Collection: Data is collected from various customers through personal

    interaction. Specific questionnaire is prepared for colleting data. Data is collected with

    mere interaction and formal discussion with different respondents

    Tools of Analysis: - The market survey and the techniques for marketing and

    investment of finance is carried out by physically interacting with the potential customers

    in big bazaar.

    Research Design: - The research work is exploratory in nature, and is meant to

    provide the basic information required by research objectives. It is a preliminary study

    based on primary data and the findings can be consolidated after a detailed conclusive

    study has been carried out.

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    Limitations

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    Preparation of a project report and concluding a research is a whole process

    which is carried out in a number of steps. Therefore through out the whole

    process of research there are a number of difficulties encountered by researcher,

    at every step. In the present study we may assume following limitation.

    1. Data dont represent entire population behavior.

    2. It is very difficult to measure perception by means of mathematical

    calculation.

    3. This research was done in Delhi and gurgaon city only hence this

    Conclusion is valid only for Delhi and gurgaon.

    4. It was assumed that respondent have the knowledge of the choice that

    were given in the questionnaire and respondent were compelled to

    choose only from given alternatives.

    The respondent view point on the study/questionnaire purely judgment and may be

    induced by other reasons also.

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    Analysis

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    ANALYSIS

    The survey is done on big bazaar. Survey is done of 200 respondents of Delhi who

    come to visit big bazaar. A specific questionnaire is prepared for the customers and data

    is obtained from them by moving around big bazaar and personally interacting with them.

    The customers gave valuable information regarding their consumption pattern in big

    bazaar. All informations are collected and a proper analysis is done.

    All the analysis and its interpretations are discussed below. Each of the analysis is done

    as per the information obtained from the customers and a serious interpretation has been

    done to best of my effort.

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    Income wise distribution of customers coming to big bazaar

    INCOMEGROUP

    5%

    50%

    20%

    25% Higher Income

    Group

    MiddleIncome

    Group

    Lower Income

    Group

    NoIncomeGroup

    Higher Income Group 5%

    Middle Income Group 50%

    Lower Income Group 20%

    No Income Group 25%

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    Analysis:The above diagram shows the distribution of income level of customers

    coming in to big bazaar. Among the 200 respondents 50% of customers are of middle

    income level that is between Rs20000 60000. Least number of customers visiting Big

    bazaar are the higher income level people that constitute only 5%. The lower income

    level of people coming to big bazaar constitutes of 20%. 25% of people belong to no

    income group which mostly consists of students.

    Interpretation:Big bazaar is the hub of shopping for middle level income group

    people because of its reasonable price on its each product category. The higher-level

    income group people dont prefer to do shopping in big bazaar, as it doesnt deal with

    branded products. The higher-level income group people are very status conscious and

    their psychology is such type that they dont prefer much to visit big bazaar, as it is a

    discounted store. The lower income group people come in to big bazaar as they get goods

    at a discounted price. Hence big bazaar should include branded products in its product

    category, which will encourage higher income group people to come in to big bazaar.

    Probably not much of lower income group people come to big bazaar as they dont like to

    have any shopping experience rather they just go for near by store where they can get

    their necessity goods. Even they purchase goods on a regular basis on a small quantity.

    So they dont have much interest to come to big bazaar and do shopping.

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    Purpose behind visiting big bazaar

    Shopping 60Outing 10

    Both 30

    PURPOSE

    60%

    10%

    30%

    Shopping

    Outing

    Both

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    Analysis: Out of the 200 respondents 60% of respondents visit big bazaar for

    shopping, 10% for outing and 30% visit big bazaar for both the purposes.

    Interpretation: From this I interpret that big bazaar is purely a shopping complex

    but it also facilitates a certain kind of ambience and decorum to the people that they also

    visit it for the purpose of outing. The infrastructure and ambience of big bazaar is so that

    people even like to go there even also they dont have to purchase anything. People enjoy

    doing shopping in big bazaar. This is very nice for it as often customers purchase some

    goods while moving I the building.

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    Demand for other retail outlets in a mall

    40%

    15%

    20%

    10%

    10%5%

    garment outlet

    foot wear outlet

    food court

    entertainment

    gift corner

    jewelery and

    watches

    Garment Outlet 40%

    Footwear Outlet 15%Food Court 20%

    Entertainment 10%

    Gift Corner 10%

    Jewellery and Watches Store 5%

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    Analysis:The above graph shows that 40% of people visit garment outlet in a mall

    other than that of big bazaar. 20% of people also prefer to visit food court in a mall other

    than big bazaar. 15% of the people go to footwear outlet in a mall other than big bazaar.

    10% of people also go to mall for entertainment purpose. Some people that are 15% each

    also visit gift corner store and jewellery & watches store in a mall other than big bazaar.

    Interpretation:From this analysis I come to know that most of the people tend to

    visit garment outlets in a mall other than big bazaar as it has some exclusive branded

    outlets. People also go for footwear stores as malls have branded footwear stores in it.

    People go for watching movies to mall for entertainment. Yet a few people visits gift

    corners and jewellery stores in a mall. This is of course a threat for big bazaar that it is

    not able to attract customers from other retail outlets and retain them with it. Big bazaar

    should definitely include more of branded products in its product category in order to

    bring in the customers of mall to it and retain them with it. It can include some of the

    exclusive branded outlets of cloths and jewellery in it in order to attract the brand choosy

    customers.

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    Products mostly purchased by customers in big bazaar

    Clothes 60%

    Grocery 70%Food Item 50%

    Leather Item 25%

    Electronic Item 15%

    Gift Item 10%

    Any other Item 10%

    0% 20% 40% 60% 80%

    Clothes

    Grocery

    Food Item

    Leather Item

    Electronic Item

    Gift Item

    Any other Item

    Series1

    Analysis: This chart clearly indicates that the demand for grocery that is 70% is

    highest by the customers followed by clothes rated 60%. The next highest demand is for

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    food items that is 50%. 25% demand is for leather items in big bazaar. Electronic items

    holds 15% of demand and gift items and other items has a demand of only 10% by the

    customers of big bazaar.

    Interpretation:From this analysis I interpret that customers demand are high for

    grocery and clothes followed by food items in big bazaar. Electronic items have a little

    demand by the customers. Gift items and other items are not much in demand by the

    customers. I can interpret that clothes, grocery and food items are the major products

    which hold maximum number of customers. So big bazaar should maintain its low

    pricing and product quality to keep hold of the customers and also it should keep more

    qualitative products of gift and leather items so that people would go for more purchase

    of these items from it. Big bazaar has many local branded products of grocery and cloths

    and it is successfully selling it. It should also include branded products so that more sales

    can take place.

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    Expenditure pattern of customers coming in to big bazaar

    Below 500 11%

    500-1000 16%

    1000-1500 22%

    1500-2000 22%

    More than 2000 29%

    EXPENDITURE PATTERN

    11%

    16%

    22%22%

    29%Below500

    500-1000

    1000-1500

    1500-2000

    More than 2000

    Analysis: We can clearly see from this graph that majority of the customers spend a

    lot in big bazaar that is 29% of people spend more than Rs2000 in a single visit to big

    bazaar. Equal number of people that is 22% of people each spend Rs 1000-1500 and Rs

    1500-2000 respectively in a visit to big bazaar.16% of people spend Rs 500-1000 and

    only 11% of customers are there who spends less than Rs500 in their visit to big bazaar.

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    Interpretation: From this I interpret that most of the customers purchase goods in

    bulk which leads them to spend a lot. Volume sales are high in big bazaar. Customers

    tend to purchase more goods from big bazaar as it provides goods at a discounted rate.

    Probably those persons who spend more in a visit to big bazaar are purchasing on a

    monthly basis. Those customers who are spending very less money that is below Rs 500

    are mostly coming in just to move around big bazaar and spend time. In the process they

    used to spend money on food items and also purchase some products while roaming in it.

    Impulse buying behavior of customers comes in to play to a large extent. More discounts

    shall be provided to people who does bulk purchase. This will encourage people to

    purchase more products.

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    Time spent by customers in shopping in big bazaar

    Less than half an hour 10%

    Half an hour to 1 hour 30%

    1 hour to 1 1/2 hours 50%

    1 1/2 hours to 2 hours 40%

    More than 2 hours 20%

    0% 20% 40% 60%

    Less than half an hour

    Half an hour to 1 hour

    1 hour to 1 1/2 hours

    1 1/2 hours to 2 hours

    More than 2 hours

    Series1

    Analysis: People spend a lot of time in shopping in big bazaar. Majority of the

    respondents said that they spend at least 1 hour to 1 hours in big bazaar. 40%

    respondents also said that they spend 1 hours to 2 hours in their visit to big bazaar.

    Only 10% of people said that they spend very little time that is less than half an hour in

    big bazaar.

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    Interpretation: As per the given data I interpret that customers are very product

    choosy now a days and thats why they spend a lot of time in shopping in big bazaar.

    Probably customers might even be spending more time in big bazaar as it provides a very

    nice ambience and atmosphere for the people to shop in. Hence those persons who spend

    half an hour or less than half an hour in big bazaar are those persons who just come to

    purchase limited products and come only because of low pricing of products. People also

    spend much time in it but purchase very few goods. The sales personnel should focus on

    the people who take long time in shopping and purchases a lot and provide special kind

    of service to them as they are the major customers.

    Comparison of footfalls in weekdays and weekends

    Weeks days 40%

    Weekends 60%

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    FOOTFALLS

    40%

    60%

    Weeks days

    Weekends

    Analysis: The above graph shows that more number of people comes to big bazaar in

    weekends than that of week days .40% of people visits big bazaar in weekdays where as

    60% of people visit big bazaar in weekends.

    Interpretation: I can clearly interpret from this that most of the people tend to visit

    big bazaar in weekends rather than that of week days. There are more footfalls in big

    bazaar in weekends than that of week days. Though there is not much difference as 40%

    of people visit big bazaar in week days hence in weekends the footfall increases by 10%.

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    As people come more in weekends, so big bazaar should keep it open for more time in

    weekends. The infrastructure can be changed a bit in weekends so that customers can see

    more products clearly and can move around comfortably. In order to bring in more

    number of customers in week days big bazaar should provide some schemes in week days

    which will encourage people to come in to it in week days also. Hence the crowd is more

    in weekends and big bazaar should avail more parking spaces for its customers in

    weekends. It can make some temporary arrangement for parking every weekend. It

    should not spend much money in advertising and displaying of products in weekdays

    rather it should advertise and display products more in weekends as more number of

    people comes in weekends.

    Customers preference of timing to visit big bazaar

    10 A.M. - 6 P.M. 42%

    6 P.M. -10P.M. 58%

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    TIMEPREFERENCE

    42%

    58%

    10A.M. - 6P.M.

    6P.M. -10P.M.

    Analysis: The above pie chart shows that most of the people prefer to visit big bazaar

    in evening time than that of the daytime. Only 42% of people tend to visit big bazaar

    during daytime while 58% of people tend to visit big bazaar during evening time.

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    Interpretation: From the above analysis I interpret that evening time is the peak

    time for big bazaar and daytime is the off peak time for big bazaar. There is more number

    of people found in big bazaar during evening time than that of daytime. Probably more of

    products are being sold during evening time in big bazaar than that of daytime. Big

    bazaar shall provide some special offerings during daytime so that more people should

    come in during daytime. It could offer some special kind of product in daytime, which

    will be not available during evening time. In this way it will bring in more number of

    people during day time for getting the special kind of products but along with that it will

    be able to sale other products as people do a lot of impulse buying at big bazaar.

    Comparison of customers purchasing with planned list ofproducts and purchasing products on an unplanned basis

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    PLANNEDANDUNPLANNED

    BUYERS

    80%

    20%

    Yes

    No

    Yes 80%

    No 20%

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    Analysis: As shown in the graph out of my total respondents of 200, 80% of

    customers come to big bazaar with a planned list of products. Only 20% of people come

    in to big bazaar without any planned list of products to be purchased from big bazaar.

    Interpretation: As per the data obtained from the customers of big bazaar I

    interpret that most of the customers comes in to big bazaar with a planned list of

    products. Few customers come to big bazaar without any planned list of products and

    purchases products depending on their selection. These people basically come to the mall

    and hence get in to big bazaar. Depending on the product category and brand and quality

    of products they purchases goods. Some couples come to mall and go to food bazaar to

    have food together and to have chit chat among them. The customer who comes with a

    planned list of products purchases more products than that of the customers who comes

    without any planned list of products. So big bazaar should provide more variety and

    essential goods so that more number of people should come in with a planned list of

    products.

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    Brand preference of customers in big bazaar

    Yes 10%

    No 50%

    Depends on category 40%

    BRANDPREFERENCE

    10%

    50%

    40%

    Yes

    No

    Depends on

    category

    Analysis:As seen in the above chart it is clearly known that only 10% of people

    come in to big bazaar with a list of brands in advance. 50% of people completely deny

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    that they dont prepare in list of brand in advance. 40% of people told that they prepare a

    list of brand depending on the product category.

    Interpretation:From this I interpret that customers dont opt for much brand

    preference while purchasing products in big bazaar. A few customers search for brands

    but depending on the product category. Customers probably dont decide for brands on

    products as there are not much of known branded products available at big bazaar. On

    product categories like grocery and clothes, big bazaar has many local branded products.

    Customers purchase a lot of these, as its cheap in price even though its quality is not so

    good. As most of the customers belong to lower class and middle class people, they

    purchase those local branded products as it gives them value for money. Different

    products of the same category have different prices. Quality of products varies with the

    price. This enables customization of products for various types of customers. Customers

    search for brands mostly in apparel section. Some customers also pre decides the brand

    on the local manufactured grocery and food products of big bazaar. Big bazaar should

    include more of the branded products in its each category so that customers have more

    options to choose among the brands. This will bring in more number of people to big

    bazaar, which will definitely increase the sales.

    Comparison of brand preference on different product category

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    0%

    5%

    10%

    15%

    20%

    25%

    30%

    35%

    40%

    45%

    Cloths

    Leathe

    rIte

    Ele

    ctroni

    cIte

    m

    Gro

    cery

    Gift

    Item

    Any

    Oth

    erIte

    Series1

    Cloths 40%

    Grocery 40%

    Gift Items 33%

    Electronic Items 25%

    Leather Items 2%

    Any Other Item 12%

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    Analysis: This graph shows that cloths and grocery are the only two items on which

    customers mostly prefer the brands that is 40% each. 33% brand preference is on gift

    items and 25% is on electronic items. Brand preference on leather items is 2% and 12%

    on any other item.

    Interpretation: From this I interpret that some of the products brand are predecided

    in advance and for some of the products customers dont at all predecide any brand. As

    per electronic goods are concerned customers predecide the brand as many branded

    electronic products are available in big bazaar. The customers predecides brands on

    cloths and grocery most as big bazaar produces much of local brands and also have some

    well known branded products of clothes with it like flying machine jeans.

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    Mode of payment of customers in big bazaar

    MODEOFPAYMENT

    73%

    21%

    6%

    CashPayment

    Credit Card

    Debit Card

    Cash Payment 73%

    Credit Card 21%

    Debit Card 6%

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    Analysis: As per my study is concerned, out of the total respondents 73% of people

    make cash payment in big bazaar. 21% of them uses credit card as their mode of payment

    and 6% of the people makes payment in big bazaar through their debit card.

    Interpretation: As per the obtained data I interpret that maximum number of

    people makes cash payment in big bazaar. A fraction of people uses their credit card for

    payment in big bazaar and a very few people uses their debit card for payment. I can

    interpret that quick exchange of money for goods is done in big bazaar as most of the

    people mode of payment is cash payment. Hence some times big bazaar has to wait for a

    short time period as some of the customers make their payment through credit and debit

    card.

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    Customers mode of transport to big bazaar

    Hired Vehicle 10%

    Two-wheeler 40%

    Four-wheeler 50%

    Any Other 0%

    MODEOFTRANSPORT

    10%

    40%

    50%

    0%

    HiredVechle

    Two-wheeler

    Four-wheeler

    Any Other

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    Analysis: Around 50% of the total respondent of 200 that is 100 people comes in to

    big bazaar with their own four wheelers. The second majority of people consist of people

    riding two wheeler and coming in to big bazaar. Only 10% of people of the total

    respondent visits big bazaar on hired vehicles. None of the customers of the total

    respondent comes in any other mode of transport.

    Interpretation: From the above data I interpret that there are more number of four

    wheelers coming found in big bazaar than that of two wheelers. People prefer more to go

    to big bazaar in four wheelers than that of two wheelers. A few people are found who

    comes in to big bazaar with a hire vehicle. Probably they might be the tourists.

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    Parking space availability in big bazaar

    AVAILABILITYOFPARKINGSPACE

    45%

    45%

    10%

    Lessthan

    adequate

    Adequate

    Morethan

    adequate

    Less than adequate 45%

    Adequate 45%More than adequate 10%

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    Analysis: As it is shown in pie chart most of the people say big bazaar does not

    provide adequate parking space. Equal number of people also says that adequate space is

    provided for parking big bazaar. Only 10% of people say that more than adequate space

    is available for parking in big bazaar.

    Interpretation: Analyzing the above data, I interpret that customers are not

    satisfied with the parking space availability provided by big bazaar. Hence its a threat

    for big bazaar as it may loose its customers because of less parking space availability.

    Even though many customers say adequate space is available for parking in big bazaar

    but also it is a threat for big bazaar as it is seen more number of people are expected to

    come in to big bazaar. In holidays probably it will be very difficult for customers to park

    their vehicle in big bazaar.

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    Customers preference towards Kirana store

    PREFERENCE TOWARDS KIRANA

    STORE

    85%

    15%

    Yes

    No

    Yes 85%

    No 15%

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    Analysis: Out of my total respondent of 200 customers, 85% of them says they go to

    their near by kirana store and 15% said that they dont at all go to any kirana store. This

    shows that majority of people go to kirana store even though they visit big bazaar. But

    some customers are there who never goes to any kirana store.

    Interpretation: As per the given data I analyze that most number of people tend to

    purchase goods from near by kirana store even if they come to big bazaar. I can conclude

    from this that a kirana store is a competitor of big bazaar. Some customers never go for

    shopping in kirana store as of it does not have much variety option available with it.

    Probably they are more interested in having a shopping experience rather than to just go

    and purchase goods from kirana store.

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    Comparison of Big bazaar with any Kirana store

    Price Service Variety Quality ConvenienceShoppingExperience Ambience

    Big bazaar 70 50 100 40 25 90 95Kiranastore 30 50 0 60 75 10 5

    70

    50

    100

    40

    25

    9095

    30

    50

    0

    60

    75

    105

    0

    20

    40

    60

    80

    100

    120

    Price

    Service

    Varie

    ty

    Qua

    lity

    Conven

    ienc

    Shopping

    Experien

    Ambien

    ce

    Big bazaar

    Kirana store

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    Analysis: The above graph shows the comparison of different factors between big

    bazaar and a nearby kirana store. 70% of people say big bazaar provides goods at a

    cheaper price as compared to that of a kirana store. 50% of people say big bazaar

    provides better service and another 50% of them say kirana store provides better service.

    Each and every customer that is 100% agrees that there are more variety of products

    available at big bazaar than that of kirana store. As per quality of goods is concerned 60%

    of the customer say kirana store provides better qualitative products while 40% of the

    customers say big bazaar also provides qualitative products. 75% people say it is more

    convenient for them to go to a kirana store while 25% of them say going to big bazaar is

    more convenient for them. 90% of respondents said it is a good shopping experience at

    big bazaar while 105 of them said that they also have a good shopping experience at

    kirana store. As per ambienc

    e is concerned 95% of customers said big bazaar provides much nice ambience than big

    bazaar while 5% of them said that ambience provided by kirana store is also equivalent to

    that of big bazaar.

    Interpretation: I interpreted from this that a kirana store is one of the competitor of big

    bazaar. It is a threat for big bazaar as some of the attributes of a kirana store provides

    more satisfaction to customers. Big bazaar should try to improve on each of its attributes

    and out compete the kirana store so that it can convert the customers of kirana store to be

    the customers of big bazaar.

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    SWOT ANALYSIS

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    SWOT Analysis of Big bazaar

    A swot analysis is done to know the strengths, weaknesses, opportunities and threats of

    any company. This analysis will explain about the strengths, weaknesses, opportunities

    and threats of big bazaar.

    Strengths of Big bazaar

    Large variety option

    Cheap price

    Huge customer Base

    Volume sales

    Weaknesses of Big bazaar

    Lacks in branded products

    Low in product quality

    Unable to provide enough parking space to its customers

    Threats for Big bazaar

    Opening up of other discounted stores like Vishal mega mart

    Convenience of customers to near by kirana stores

    Availability of products in other retail outlets

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    Opportunities for Big bazaar

    To open up more and more number of big bazaars in different cities

    of the country.

    To grab the rural market

    To bring in the customers of other retail outlet by dealing with

    branded products.

    Add more products to its product category

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    Suggestions

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    Suggestions

    Big bazaar should provide large parking space for its customers so that they can

    easily park their vehicles.

    Big bazaar should include more of branded products its product category so as to

    attract the brand choosy people to come in to big bazaar.

    It should make different cash counters for different customers. Cash counter and

    credit card payment counter should be placed differently in order to reduce the

    rush and save the customers time. This will be a kind of motivator for the

    customers of big bazaar.

    The service of the sales person is needed to be improved. Personal care should be

    taken by the sales person for the customers so that the customers feel good.

    During the off peak hours big bazaar should provide some offers to its customers

    so that people would be encouraged to come to big bazaar during off peak hours.

    The customers who are present in the mall during the off peak hours of big bazaar

    will definitely go in to big bazaar if surprise offers are made at that time.

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    Customer care department is needed to take proper care of customer complaints

    and queries. The person sitting at the help desk of big bazaar should be able to

    provide all necessary information to the customers whenever it is required.

    The infrastructure is needed to be changed a bit during weekends as heavy crowd

    comes in to big bazaar during those days.

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    Conclusion

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    Conclusion

    Big bazaar is a major shopping complex for todays customers. It is a place where

    customers find variety of products at a reasonable price. Big bazaar has a good reputation

    of itself in the market. It has positioned itself in the market as a discounted store. It holds

    a huge customer base. The majority of customers belong to middle class family. The

    youth generation also likes shopping and moving around big bazaar. Volume sales

    always take place in big bazaar. Impulse buying behavior of customers comes in to play

    most of the times in big bazaar.

    Big bazaar is a hypermarket as it provides various kinds of goods like apparels, grocery,

    stationary, food items, electronic items, leather items, watches, jewellery, crockery,

    decorative items, sport items, chocolates and many more. It competes with all the

    specialty stores of different products which provide goods at a discounted rate all through

    the year. It holds a large customer base and it seemed from the study that the customers

    are quite satisfied with big bazaar. As of now there are 34 big bazaars in different cities

    of India, it seems that there is a vast growth of big bazaar lying as customers demand is

    increasing for big bazaars.

    Big bazaar is a hypermarket store where varieties of products are being sold on different

    product category. It has emerged as a hub of shopping specially for middle class people.

    Different types of products starting from a baby food to pizzas all are available under one

    roof. In Delhi it is the middle class people who mostly do marketing from big bazaar.

    Even most of the people do their monthly shopping from big bazaar.

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    People not only visit big bazaar to do shopping but also visit for outing purpose as it

    provides a very nice ambience to its customers. As people go to malls they just tend to

    move around big bazaar whether it is for shopping purpose or for outing purpose.

    Grocery, apparels and food items are the products which are demanded most by the

    customers of Delhi in big bazaar. The major drawback of big bazaar is that it lacks in

    providing enough parking space for its customers. This may discourage the customers to

    come to big bazaar and shop as they face difficulty in parking their vehicles. Even though

    some customers say that they dont feel problem in parking their vehicle, it is because of

    the parking space available to them by the mall. As it is surveyed it seems that the biggest

    competitors of big bazaar are the kirana stores and the discounted specialty stores like

    Vishal mega mart, Delhi bazaar etc.

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    Questionnaire

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    Questionnaire prepared for customers of Big Bazaar

    1. How frequently do you visit Big Bazaar?

    a) Weekly

    b) Monthly

    c) Quarterly

    d) On a unplanned basis

    2. Apart from Big Bazaar do you intend to visit any other retail outlet in a

    Mall?

    a) Yes b) No

    3. If yes then what are the other retail outlets do you intend to visit in a

    mall?

    a) Garment Outlet

    b) Footwear Outlet

    c) Food Court

    d) Entertainment

    e) Gift Corner

    f) Jewellery and Watches store

    4. What is the purpose behind visiting Big Bazaar?

    a) Shopping

    b) Outing

    c) Dating

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    5. What type of products do you mostly purchase in Big Bazaar?

    a) Cloths

    b) Grocery

    c) Food Item

    d) Leather Item

    e) Electronic Item

    f) Gift Item

    g) Any other Item

    6. On an average how much amount of money do you spend in a visit to Big

    Bazaar?

    a) Below 500

    b) 500 1000

    c) 1000 1500

    d) 1500 2000

    e) More than 2000

    7. How much time do you spend in a visit to Big Bazaar?

    a) Less than half an hour

    b) Half an hour to 1 hour

    c) 1 hour to 1 hours

    d) 1 hours to 2 hours

    e) More than 2 hours

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    8. Which days of the week do you prefer to visit Big Bazaar?

    a) Week days

    b) Weekends

    9. Which time of the day do you mostly prefer to visit Big Bazaar?

    a) 10am 6pm

    b) 6pm 10pm

    10. Do you go with a planned list of products to be purchased from Big

    Bazaar?

    a) Yes b) No

    11.Do you prepare a list of brands in advance when you visit to Big Bazaar?

    a) Yes b) No

    c) Depends on category

    12. In which categories of products do you pre-decide the brands?

    a) Cloths

    b) Leather Items

    c) Electronic Items

    d) Grocery

    e) Gift Items

    f) Any other Item

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    13. What is your mode of payment in Big Bazaar?

    a) Cash payment b)Credit Card

    14. What encourages you to visit Big Bazaar?

    a. Price

    b. Service

    c. Ambience

    d. Product Variety

    e. Product Quality

    f. Convenience

    15. How would you rate the services of the sales personnel in Big Bazaar

    on a 1 5 scale?

    a. Very good

    b. Good

    c. Ok

    d. Poor

    e. Very poor

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    16.What is your convenience to Big Bazaar?

    a) Hired vehicle

    b) Two-wheeler

    c) Four-wheeler

    d) Any other

    17. How is the parking space availability in Big Bazaar?

    a) Less than adequate

    b) Adequate

    c) More than adequate

    18. Do you go to Kirana store?

    a) Yes b) No

    19.Compare your nearest Kirana store with Big Bazaar on the following

    parameters.

    i. Price

    ii. Service

    iii. Variety

    iv. Quality

    v. Convenience

    vi. Shopping Experience

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    ..

    1. Name: -

    2. Age: -

    3. Sex: -

    4. Location/Address: -

    5. Qualification: -

    6. Profession: -

    7. Whats your monthly income?

    a) Below 10,000

    b) 10,000 20,000

    c) 20,000 40,000

    d) 40,000 60,000

    e) More than 60,000

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    Bibliography

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    BIBLIOGRAPHY

    BOOKS-

    KNOOTZO DONNEL

    Essentials of management concepts

    PHILIP KOTLER

    Marketing Management

    C .R. KOTHARI

    Research Methodology

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    WEBSITES-

    www.bigbazaar.com

    www.google.com

    REFERENCE-

    Big bazaar outlet in Gurgaon, Noida, Gazhiabad, Indralok, and

    Wazirpur.

    MAGAZINE-

    Business World

    The Economic Times

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    http://www.big/http://www.big/
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    ANNEXURE

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    Big bargains at Big Bazaar

    BIG BAZAAR, the retail store at Koramangala, has an exchange offer where you can get

    rid any old item and get yourself a new one. The offer is applicable to products like

    utensils, plastics, footwear, luggage accessores, garments, toys, watches, glass,

    electronics items, and so on. Customers can get their old household items valued. Big

    Bazaar says it offers better value because old, broken utensils and plastics can be

    exchanged for as much as Rs. 40 a kilo.

    What is more, consumers need not exchange their old items for similar items. They can

    bring in an old piece of luggage and walk off with a salwar kameez instead. Similarly, old

    shoes and can exchanged for an electric rice cooker.

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    Sahara-Mall-Gurgaon-front