analysis of customer feedback at trumart a venture of piramy
TRANSCRIPT
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APROJECT REPORT
ON
Market Research & A naly sis of customer feedback atTruM art a venture of Piramyd Retail ltd.
FOR
Piramyd Retail ltd. Pune
Submitted in the Partial Fulfillment of the Requirement of Course
Master of marketing management
(SESSION 2005 -200 7)
Submitted by JAYADEEP P VADULEKAR
Singhagad Institute of Business Administration & ComputerApplication, Lonavala .
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ACKNOWLEDGEMENT
I want to extend my gratitude to all those who have helped me in
the completion of this project. First and foremost I want to thank my
project guide Mr. Ajay Vya shampa yan for his generosity, faith and
superb guidance. I am also thankful to Mr. Shashank Pathak for his
co-operation.
I take immense pleasure in thanking Mr. Kunal Kishore for always
being so friendly and co-operative in all the work assigned to us. I
want to thank all the staffs of Piramyd, especially of formals, kids,casuals, ladies and TRUMART for helping us in long hours of work.
I also extend my gratitude to all the accounts members, e specially
to Mr. Chetan for providing us with the data required for the
compilation of our project.
My sincere thanks to Mr. Sheetal raje and Ms. Tejashri for helping
us in the HR related work. Last but not the least I want to thank
Shobhan, Anand, Jyoti, Khushboo, rupali, nidhi and Somesh for their
co-operation and for making these two months an unforgettable
experience.
I would like to extend my gratitude towards Dr. Sharad L. Joshi,
Director, Vishwakarma Institute of Management, for his technical and
mor al support required for the realization of this project report.
Thanks to all.
Jayadeep p Vadulekar
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TABLE OF CONTENTS
Chapter no. Title Page no.
ExecutiveSummary
Introduction
1 Retail Industry 13
2 Company Profile 19
3 Objective 35
4 ResearchMethodology 37
5 Analysis 44
6 Findings 54
7 Recommendations 56
8 Bibliography 58
9 Annexure 60
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EXECUTIVE SUMMARY
The objective behind making this project is to know how the
marketing practices are carried out in the retail industry.
It takes care of the events and promotions, which are done to
allure the customers to come to the store and increase the bill size of
the organization. There are various branding strategies; discount
offers and other promotional activities, which are used as a part of
the marketing communication aspect of retail.
All these events are communicated to the customers by Print
advertising, via SMS, E-mail , Tele -calling or electronic advertising.
During my internship I was assigned on:
MARKET RESEARCH & ANALYSIS
T itle :
Market Research & Analysis of Customer feedback at TruMart a
venture of Piramyd R etail ltd.
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Introduction
The study was conducted to increase the footfalls and to take the customer feedback about the offers, variety, and quality and service offered by T ruMart a venture of
Piramyd Retail ltd.
Retail industry
The changing face of retail
Company profile
In the company profile, the h istory and current scenario of T ruMart has been
described.
Objective
To find out the brand awareness of TruMart
To analyze the market potential of T ruMart
To check the satisfaction level of existing customers
To get the feedback from the customers to serve them better
To know about customers preferences
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Research methodology
The research methodology used was descriptive research. The sample size was
600. 100 questionnaires were distributed per store. In Pune six T ruMart s were
included ICC, Camp, P impri, Kondwa, Bhandarkar r oad and Walwekar nagar.
Details about the data collection methods and sampling units could be seen under
the topic research methodology.
Analysis
Under this part the analysis of the questionnaires data which was collected has
been done.
Analysis of the data collected
The study shows that service provided to the existing customers is at the
satisfactory level.
S.W.O.T analysis
The S.W.O.T analysis shows that the good reputation of the brand and the
products available. Weakness of T ruMart is that supply chain management is very
weak many of the products are un-available. In Pune there are in all 9 stores it is the
biggest opportunity to capture the whole market and build loyal customers. There is
threat from some of the supermarket retailers such as Food Bazaar, Spencer s daily
and Mantra but it is mandatory.
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FINDINGS
Customers think that the variety and the quality of products in the store were
not good.
At TruMart Pimpri and camp the customers faced parking problems.
The offers given to the customers are repeated every time .
Minimum percent of customers came to know about the offers through Tele -
calling.
RECOMMENDATIONS
At all the TruMart s the customers said that the products to be added were
vegetables & fruits.
More distribution of flyers in Newspapers should be there with which the
customers will be able to know the offers.
There should be new offers every time .
Tele -calling should be done to the customers to inform them about the new
offers.
More focus should be given on the advertisements of TruMart.
In-store buzz should also be conducted at each Trumart.
The most important recommendation is the number of Trusmart members
should be increased.
More customers should be converted into Trusmart members .
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INTRODUCTION
Trumart has been established in the supermarket segment and has 39stores all over India . In P une there are 9 stores in all. They are at:
ICC (International conventional centre), S.B road
Camp
Pimpri
Walwekar nagar
Bhandarkar road
Kondwa
S hastri nagar
Bibwewadi (launched on 12 th Aug 06)
Prabhat road (launched on 23 rd Sep 06)
The main motive of doing this research was to get the feedback from
the customers, analyzing it and finding the weak areas in which T ruMart is
and overcome the weaknesses to give a better service to the existing
customers & future prospects. This company aims to target these customergroups & offer innovative & convenient service that will fulfill their needs fast
and efficiently.
The survey has been done of six TruMart s on various factors such as
variety, quality, service, promotions, offers and many more. The sample size
was 600 (100 per store).
This study aims at creating and analyzing brand awareness among the
target Customers about the service offered to them by TruMart a venture ofPiramyd Retail ltd.
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The Changing Face of Retail
Liberalization of the economy in the nineties and the entry of large players inthe retail business have brought the retail industry into spotlight. Big players andnational retail chains are changing the rules of the game, in spite of their meager sharein the overall retail trade. Organized retailing though still in an embryonic stage hashuge growth potential.
In organized retailing, the retailer is no longer just a last mile distributor. He isan important source of information related to customer behavior and also gives thecustomer a memorable shopping experience. Experiential marketing is becoming theparadigm of organized retailing and this has further raised the significance of theretailer in the business value chain.
India has seen a rise in the number of malls in the last few years. Today Indiahas 37 malls in Mumbai, 10 in Hyderabad, 15 in Bangalore. Approximately 220 mallsin the whole of India by end 2005 is what is the estimate of various agencies involvedin assessing the future of commercial property development in India. The real estatesector is booming thanks to the low interest regime for home loans. The other factorthat is providing a fillip to the development of real estate is the boom in commercialproperty development, especially the retail property sector.
Moreover, with the convergence of the retailing, entertainment and the tourismindustries, retail property in India has taken to mega mall development to suit theneeds of all the three sectors in a single location. Throughout the past decade, mallsappeared on the retailing scene as the locus of retailing activity in major Indian citiesin the central business district, which was populated by well-known departmentstores. But as the suburban population grew, many local shopping areas in suburbs
transformed into regional shopping destinations.
In a few cities, specialized developers purchased large blocks of the centralcity land and then offered it on a lease basis to department stores and other stores atdifferential rents. The displacement of the central business districts in major Indiancities by the suburban mall phenomenon was clearly hastened by the increase inautomobile ownership, an enhanced urban road network, and growing suburbanmarkets. Malls represent a set of co-located retail outlets in a large area with lots of amenities. In the retail sector, mall development must be a planned, as this would helpin attracting the right tenant mix. A typical mall has one or more anchor store and adiversity of smaller stores.
The development of a mall should also be planned in anticipation of theincreased footfalls. Understanding of the retail environment becomes crucial for malldevelopers as well as for the potential tenants while investing in malls.
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COMPANY DETAILS
C rossroads at Mumbai created a revolution pioneering the concept of shoppertainment in the country. It was an attempt to give the citizens of Mumbai atruly international shopping experience, a destination where the entire family canenjoy a day together shopping or browsing, eating and playing games in anunmatched ambience.Of the three ingredients, i.e. shopping, dining and entertainment, Shopping was themain ingredient.
It had to be world class and had to incorporate global standards in terms of retail management, technology and design. Mrs Urvi Piramal, Vice Chair person of Piramal Group, had a strong viewpoint on shopping- True shopping is browsing,enjoying, indulging and making choices. It is an expression of lifestyle and makes anaffirmative statement .
This was the thought, which translated into Piramyd, India's first Megastorefor lifestyle products. Piramyd spreads across 3 levels in the mall and has over 30000sqft of space in Crossroads. The staff at Piramyd is trained to be unobtrusive. Theyare there to help one make a choice or simply serve quietly and efficiently. Withconstant in- dept h product raining, the Piramyd Staff offers service to all customerswith a positive attitude, pleasant disposition and good communication skills translatedinto a motto, which reads
we believe in service, we do it with pride .Piramyd Megastore retails the widest selection of quality merchandise in
men s wear, ladies fashion, unisex casuals, kids apparel & toys, accessories, perfumes& cosmetics, and home fashion. Redefining standards of service for multi- brandstores, Piramyd Megastore offers its customers a shopping environment that trulyrivals those developed internationally.
Piramyd, India s first Megastore for lifestyle products, began operations inSeptember 1999 with the commissioning of crossroads at haji ali, Mumbai. Today,Piramyd is present in Mumbai, Pune, Nagpur, Ahmedabad, ludhiana and Delhi. everystore sporting the Piramyd crest has been benchmarked against the best standards ininternational retailing. its single-minded proposition is to provide its customers theultimate shopping experience, founded on excellence in the principal brand attributesof product quality, customer service and ambience.
PIRAMYD PRODUCTSHOMES
LADIES
KIDS
FORMALS
LIFESTYLE
CASUALS
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HR Proposition
WONDERFUL PLACE TO BE, AN EXCITING PLACE TO WORK
TRUMART - STORY OUTLINE
Trumart is owned and managed by the Mumbai based pioneer in shoppertainment inIndia, Crossroads; which is a part of the Rs.2, 500 crores Piramal Enterprises.Crossroads is a 1, 65,000 square feet behemoth in Mumbai, which is the firstinternati onal shopping, mall in the country; and is a landmark in the city.
Piramyd has made its foray into the burgeoning super market sector with its Mumbaiventure. Supermarkets are going to be a major thrust area, which will be grown in alarge way.
This is the second among the many Trumart that Piramyd has launched covering anarea of 3,000 square feet with well-demarcated sections for food and non-food items.The range of products available is very wide with excellent width and depth.
Our main focus is giving our Customers an AUOR (All Under One Roof)concept.
4 C's to the consumer:
- Convenience
- Cost (all at MRP)
- Choice (wide variety)
- Customer Service
Payment flexibility in terms of usage of credit cards
USP:
Customer Loyalty Programme that entitles members to discounts on all their
purchases in the TruMart.Flexible Return policy
Various schemes for all customers at TruMart.
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Lifestyle Retail
Mall Management
Entertainment Center
Real EstateTextiles
Engineering
PP iirr aa mm yydd RRee ttaa iill LLiimm iittee dd
FHPC Retail
1934 1978 1999 2001 2005
18 Piramyd M egastoresby
FY 2 008
5
321
1 8
1 1
7
02468
1 01 21 41 61 82 0
2 0 0 0
2 0 0 2
2 0 0 4
O c t - 0
5
2 0 0 7
87 TruM art S tores byFY 2 008
2 5941
8 7
51
1 2
01 02 0304050607 08 090
100
2 0 0 2
2 0 0 3
2 0 0 4
2 0 0 5
O c t - 0
5
2 0 0 6
2 0 0 7
2 0 0 8
First modern mall in the country, One of the firstla ers in Lifest le & FHPC
Expansion Plan
AAss hh oo kk PP iirraa mm aa ll GGrroo uu pp ttuu rrnn oo vvee rr oo ff RRss 770000 CCrr FFYY0066
Part of diversified Piramal Group
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PRODUCTS AVAILABLE AT TRUMART
Trumart is well-demarcated sections for food and non-food items. The range of products available is very wide with excellent width and depth. The followingproducts are available in the :
B R A N D S Satyam Maggi Le-bon Frooti Colgate PremiumAmul Top -Ramen Kodai Tropicana Pepsodent Surf
Everest Kissan Modern Real Close -up Henko
Bad shah Mapro Diet Eggs Ceres Oral -b Ariel
Lazeez Malas Sumeru Berry Sunsilk Tide
MTR Fun Foods Venky's Lehberry Parachute Teepol
Ashirwad Barkers Wish bone Gatorade Park Av enue Vim
Annapurna Sil Al-Kabeer Red bull Livon Cherry
Parampara Agnesi Ocean Gem Red label Clinic Plus Kiwi
Pillsbury Blue Bird Latiff Green label Ultra Doux Eveready
MDH Bambino McCain's SocietyJohnson&Johnson Duracell
Dhara Hersheys Safal Girnar Whisper Super Wrap
Sundrop Dabur Nestle Tata Care free Paseo
Saffola Gerber Vijaya Dilmah Stay free Good knight
Sweekar Cerelac Gagan Nuthmulls Palmolive Odomos
Figaro Farex Meatzza Kho -cha Lux Klinol
Fragatta Mothers Nescafe Cinthol Odopic
Bertoli Pravin Sunrise Wipro Optima
Godrej Lijjat Horlicks Shahnaz Ramson
Rasoi magic Britannia Boost Boutique Philips
Kohinoor Parle Maltova Lotus Prime
Lal quilla Sobi sco Coke Himalaya Perl -pet
Perl -pet Pepsi Revlon Gala
Mcvites Lipton Lakme Pedigree
Sun feast Power horse
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OBJECTIVE OF THE STUDY
The study was designed and c onducted to accomplish the following
objectives:
1. To find out brand awareness about TruMart
2. To know about the tastes of the existing customers.
3. To analyze the market potential of the product .
4. To check the satisfaction level of existing customers & future prospects.
5. To know about customer preference.
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RESEARCH METHODOLOGY
Meaning of research
Research in common parlance refers to a search for knowledge. One can also
define research as a scientific and systematic search for pertinent information on a
specific topic. In fact, research is an art of scientific investigation. The advanced
learner s dictionary of current English lays down the meaning of research as a
careful investigation or inquiry specially through search for new facts in any
branch of knowledge .
Objective
The purpose of research is to discover answers to questions through the
application of scientific procedures. Though each research study has its own
scienti fic purpose, we may think of research objectives as falling into a number of
following groups:
To gain familiarity with a phenomenon or to achieve new insights.
To portray accurately the characteristics of a particular individual,
situation or a group.
To determine the frequency with which something occurs or with which it
is associated with something else.
To test a hypothesis of a casual relationship between variables.
Research methodology
Research methodology is a way to systematically solve a research problem. It
may be understood as a science of studying how research is done scientifically. In it
we study various steps that are generally adopted by a researcher in studying his
research problem along with logic behind them.
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Research process
Befor e embarking on the details of research methodology and techniques, it
seems appropriate to present a brief overview of the research process. Research
process consists of series of actions or steps necessary to effectively carry out
research and the desired sequencing of these steps.
Formulating the research problem
Extensive literature survey
Development of working hypothesis
Preparing the research design
Determining the research design
Deliberate sampling
Simple random sampling
Systematic sampling
Strati fied sampling
Collecting the data
By observation
Through personal interview
Through telephone interviews
By questionnaires
Execution of the project
Analysis of data
Hypothesis -testing Generalization and interpretation
Preparation of the report
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Types of research
Descriptive research
Analytical research
Applied research
Fundamental research
Quantitative research
Qualitative research
Conceptual research
Empirical research
The above mentioned are the various types of research which a researcher can
apply in order to achieve one s desired objective. Therefore to achieve the objectives
of my research I have used descriptive research.
This is based on proper research design to meet the objectives of the study.
Sampling plan for the project
Geographical/sa mple area : Pune
Sampling unit : 6 T ruMarts ( ICC, Camp, Pimpri, Kondwa,Bhandarkar road & W alwekar nagar)
Sample size : 100 questionnaires per store
Data collection
The data was collected by going in all stores personally and getting the questionnai res
filled form the customers when they are shopping. The main motive in doing this
study was to get the feedback from the customers to give them better service by
knowing how they rate the store in all the parameters .
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DATA COLLECTION
The project was to check feasibility of the services offered by TruMart using
primary data. The primary data was obtained through observation, direct
communication with the people and filling up of questionnaires, also enormous help
was obtained from TruMart, branch members, crew, staff and colleagues working
there.
FIELD WORK PLAN
The field work was carried according to the sampling plan formed, by visiting
all the Branches of TruMart under some limitations and time constraints.
The main motive for these visits was to identify the potential customers or the
future prospects. A two -way discussion was done with the customers and made them
aware of the product & services offered by TruMa rt. The questionnaires are either
directly filled up or indirectly filed up by the people and through the prospect of the
respective people.
DATA COLLECTION TOOL
The data collection tool that I have used is Questionnaire . I have selected
questionnaire as a data collection tool primarily because of descriptive nature of
sampling & secondly it was the most suitable tool that could help in achieving all theobjectives of the study & to do the analysis deeply and effectively.
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CAMP
FORTNIGHTLY
25%
M ONTHLY23%
Q UARTERLY
7%
HALF-HEARL Y
8% WEEKLY37 %
WEEKLY FORTNIGHTLY M O N T H LY Q U A RTE R LY HALF-HEARLY
NO45%
YES55 %
Y ES N O
Camp TruMart hasmaximum number of shoppers w eekly.
In Camp there are 55/100 customerswho are Trusmart members
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EXCELLENT
21 %AVERAG E
11%
GOOD68 %
EXCELLENT G O O D AVERAGE
G OOD63 %
AVERAG E16%
POOR3%
EXCELLENT
18%
EXCELLENT G O O D AVERAGE POOR
NO8 6%
YES1 4%
Y E S N O
The quality of the productsavailable at camp is reallygood as 70% of the customerssaid
The variety of the productat camp is very good as63% of the customers said
In Camp 86% of thecustomers said that they did notfaced any problems while
purchasing or billing
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NO65 %
YES35 %
Y E S N O
YES96 %
NO4%
Y ES N O
YES92 %
NO8%
Y ES N O
65% of the customers weresatisfied with the products thatTruMart had & they didn t wantedany products to be added
96% of the customers saidthat the store was clean
92% of the customers said that theparking provided for us was
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GOOD
61 %
AVERAGE
11 %
POOR
1%EXCELLEN
T
27%
EXCELLENT G O O D AV E RA G E POOR
NO20%
YES80%
Y ES N O
GOOD58%
AVERAGE24%
EXCELLENT
18%
EXCELLENT G O O D AV ERA G E
61% of the customers said that theoverall appearance of the staff members of TruMart is good.
80% of the customers saidthat the signages in the storewere informative.
58% of the customers saidthat the visibility and shelf space arrangement was good.
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MOUTHPUB LICITY
25%
NEW SPAPER
47%
TELE-CALLING
2%FLYERS
26%
FLYERS MOU TH PUB LICITY
N EWS PAPER TELE-CALLING
FEMALE44%
MALE
56%
MALE FEMALE
47% of the customers said thatthey have come to know aboutthe offers at TruMart throughnewspaper, 26% by flyers &25% b mouth ublicit .
56% of the customers wereMale and 44% were Female.
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KONDWA
FORTNIGHTLY18%
MONTHLY
30 %
Q UARTERLY
4%
HALF-HEARLY
1%
WEEKLY
47 %
WEEKLY F ORTN IG H TLY MO N TH LY
QUARTERLY HALF-HEARLY
NO53 %
YES47
Y E S N O
In K ondwa there 47%people who shop weekly
47/100 people are Trusmartmembers
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GOOD74%
AVERAGE3%
POOR1%
EXCELLENT
22%
EXCELLENT G O O D AV E RA G E POOR
GOOD78%
AVERAGE8%
EXCELLENT
14%
EXCELLENT G O O D AVERAGE POOR
NO96
Y ES4%
YE S NO
74% people said that the qualityof the products is good
78% people said that the varietyof the products is good
96% people said that they did
not face any difficulty whilepurchasing or billing time.
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NO82
YES18
Y E S N O
YES100
Y E S N O
YES68 %
NO32
Y E S N O
82% people said that they did notwish any products in the store
100% people said that the storewas clean.
68% people said that the
parking space providedwas appropriate
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GOOD70%
AVERAGE
10%
EXCELLENT
20%
EXCELLENT G O O D AV ERA G E POOR
YES100
Y E S N O
GOOD75%
EXCELLENT
25%
EXCELLENT G O O D AV E RA G E P O O R
70% peo ple said that the overallappearance of the staff was good
100% people said that theSignages were informative
75% people said that the visibilityand shelf space management of the store was good
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M OUTHPUBLICITY
39 %
NEW SPAPER
23%
TELE-CALLING
5%
FLYERS33 %
F LY E R S MOU TH PUBLICITY NEWS PAPER TELE-CALLING
FEMALE30 %
M ALE70%
MALE FEMALE
39% people said that news paperwas the media through which theygot to know the offers
70% of the customers were maleshoppers out of 100
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ICC
W EEKLY45%
FORTNIGHTLY17%
MONTHLY32 %
Q UARTERLY
5%
HALF-HEARLY
1%
WEEKLY FORTNIGHTLY MONTHLY QUARTERLY HALF-HEARLY
YES20%
NO80%
Y E S N O
45% of the customers shop weekly
80% of the customers wereTrusmart members out of 100
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EXCELLENT
23%
GOOD73%
AVERAGE
2%
POOR2%
EXCELLENT G O O D AV E RA G E POOR
GOOD75%
AVERAGE
7%
POOR2%
EX CELLENT
16%
EXCELLENT G O O D AV E R A G E P O O R
NO95
YES5%
Y E S N O
73% customers said that they findthe quality of the products good.
75% customers said that they findthe variety of the products good.
95% customers said that they didnot come across any difficulty
while billing or purchasing time.
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NO85
YES15
Y E S N O
YES100
Y E S N O
NO25
YES75
Y E S N O
85% customers said that they didnot wish any products to be added.
100% customers said that the storewas clean.
75% customers said that theparking space provided for us was
appropriate
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GOOD64%
AVERAGE11%
POOR5%
EXCELLENT
20%
EXCELLENT G O O D AV ERA G E POOR
YES100%
Y E S N O
GOOD72%
EXCELLENT
26%
AVERAGE
2%
EXCELLENT G O O D AV E RA G E POOR
64% customers said that theoverall appearance of the crewmembers was good.
100% customers said that theSignages were informative.
72% customers said that thevis ibility and shelf space
arrangement was good.
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TELE-
CALLING
10%
NEWS
PAPER
28%
M OUTH
PUBLICITY
33%
FLYERS
29%
F LY E R S M O U T H PU B L IC ITY N E W S PA PE R TE L E - CA L L IN G
FEMALE46% M ALE
54%
M A L E FEMALE
In ICC the customers came toknow about the offers through allthe Medias variably
The percentage of customers in ICCwas mostly equal but male shopperswere 54% & female were 46%
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PIMPRI
HALF-HEARLY
5%
MONTHLY47 %
FORTNIGHTLY25%
WEEKLY23%
WEEKLY FORTNIGHTLY M O N T H LY Q U A RTE RLY H A L F -H E A RLY
NO41 YES
59
Y E S N O
47% of the customers shopmonthly in pimpri out of 100.
59% of the customers said thatthey were Trusmart members.
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GOOD63 %
AVERAGE14%
EXCELLENT
23%
EXCELLENT G O O D AV E RA G E POOR
GOOD45%
AVERAGE23%
POOR16%
EXCELLENT
16%
EXCELLENT G O O D AVERAGE POOR
YES24%
NO76%
Y E S N O
63% of the customers said that thequality of the products was good.
45% of the customers said that thevariety of the products was good.
76% of the customers said that theydid not face any difficulty whilepurchasing or billing time.
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NO40 %
YES60 %
Y E S N O
NO
10%
YES
90%
Y E S N O
NO29%
YES71%
Y ES N O
76% of the customers said thatthey do not wish any products tobe added in our store.
90% of the customers said thatthe store was clean.
71% of the customers said that theparking space provided for themwas appropriate.
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GOOD71%
AVERAGE11%
POOR2%
EXCELLENT
16%
E X C E L L E N T G O O D AV E RA G E PO O R
NO15%
YES85%
Y E S N O
GOOD51 %
AVERAGE16%
POOR1% EXCELLEN
T
32 %
E X CE L LE N T G O O D AV E RA G E PO O R
71% of the customers said that theoverall appearance of the crewmembers was good.
85% of the customers said thatthe Signages were informative.
51% of the customers said that thevisibility and shelf spacearrangement of the store was good.
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NEW SPAPER
44%
TELE-CALLING
4% FLYERS15%
M OUTHPUBLICITY
37 %
F LY E R S M O U T H PU B L IC ITY N E W S PA PE R TE L E - CA L L IN G
FEMALE65 %
M ALE35 %
MALE F E M A L E
44% of the customers came toknow about the offers throughnews paper.
65% of the customers were femaleshoppers and 35% were maleshoppers.
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WALWEKAR NAGAR
FORTNIGH
TLY
17%
MONTHLY
31 %
QUARTER
LY
3%
HALF-
HEARLY
1 %WEEKLY
48%
WEEKLY FORTNIGHTLY M O N T H LY Q U A RTE RLY H A L F- H E ARLY
YES68 %
NO32
Y E S N O
48% of the customers shop weeklyat walwekar nagar.
68% of the customers are Tr usmartmembers at walwekar nagar.
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GOOD64%
AVERAGE10%
EXCELLENT
26%
EXCELLENT G O O D AV E RA G E
GOOD53 %
EXCELLENT
36 %
AVERAGE11%
E X C E L L E N T G O O D AV E RA G E PO O R
64% of the customers said that thequality of the products was good
53% of the customers said thatthe variety of the products wasgood
YES19%
NO81%
Y E S NO
81% of the customers said that theydid not wish any products to be
added in the store.
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NO66 %
YES34%
Y E S N O
YES93
NO
7%
Y E S N O
NO30
YES70%
Y E S N O
66% of the customers said that theydid not come across any difficultywhile purchasing or billing period.
93% of the customers said that thestore was clean.
70% of the customers said thatthe parking space provided for
them was appropriate.
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GOOD68%
AVERAG E6%
EXCELLENT
26%
E X C E L L E N T G O O D AVERAGE
NO
15
Y ES85
YE S N O
GOOD57 %
AVERAGE4%
EXCELLENT
39 %
E X C E L L E N T G O O D AVERAGE POOR
68% of the customers said that theoverall appearance of the staff wasgood.
85% of the customers said thatthe Signages were informative.
57% of the customers said that the
visibility and shelf spacearrangement of the store was good.
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M OUTHPUBLICITY
39 %
NEW SPAPER
28%
TELE-CALLING
1% FLYERS32 %
F LY E R S M O U T H PU B LICITY N E W S PA P E R TE L E - C A LL IN G
FEMALE53 %
M ALE47 %
M A LE F EM A LE
39% of the customers said thatthey came to know about theoffers by news paper.
53% of the customers were female.
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BHANDARKAR ROAD
WEEKLY47%
FORTNIGH
TLY
18%
MONTHLY
30%
QUARTER
LY
4%
HALF-
HEARLY
1 %
WEEKLY FORTNIGHTLY MONTHLY QUARTERLY HALF-HEARLY
NO53
YES47
Y E S N O
47% of the customers said thatthey shop weekly.
53% of the customers said thatthey were Trusmart members.
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GOOD74%
POOR1%AVERAGE
3%
EXCELLENT
22%
EXCELLENT G O O D AVE R AGE POOR
GOOD78%
AVERAGE8%
EX CELLENT
14%
EXCELLENT G O O D AV E R A G E P O O R
NO96%
Y ES4%
Y E S N O
74% of the customers said that thequality of the products was good.
78% of the customers said that thevariety of the products was good.
96% of the customers said thatthey did not come across any
difficulty while purchasing orbilling period.
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NO82
YES18
Y E S N O
Y ES100
YE S
NO32%
YES68
Y E S N O
82% of the customers said thatthey did not want any produ ctsto be added in the store.
100% of the customers said thatthe store was clean.
68% of the customers said thatthe parking space provided tothem was appropriate.
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GOOD70%
AVERAGE10%
EXCELLENT
20%
EXCELLENT G O O D AVE R AGE POOR
YES100%
Y E S
EXCELLENT
25%
GOOD75%
E X C E L L E N T G O O D
70% of the customers said that theoverall appearance of the crewmembers was good.
100% of the customers said thatthe Signages were informative.
75% of the customers said that thevisibility and shelf space
arrangement was good.
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M OUTHPUBLICITY
27%
NEW S
PAPER23%
TELE-CALLING
12%FLYERS
38 %
F LY E R S MOUTH PUBLICITY N E W S PA P E R TE L E - C A LL IN G
M ALE38 %
FEMALE62 %
MALE FEMALE
38% of the customers said thatthey came to know about theoffers through flyers.
62% of the customers were female.
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How often do you shop at TruMart ?
3437 39
23
47
37
24
14 15
25
1714
22 2428
47
3024
73 4
03 3
8
1 15
1 1
0
10
20
30
40
50
WEEKLY 34 37 39 23 47 37
FORTNIGHTLY 24 14 15 25 17 14
MONTHLY 22 24 28 47 30 24
QUARTERLY 7 3 4 0 3 3
HALF-HEARLY 8 1 1 5 1 1
CA M P KO ND WA ICC PIMPRI WALWEKARB H A N D A R
KA R
Are you a Trusmart member ?
52
37
17
5968
3743 42
70
4132
42
0
20
40
60
80
Y E S 52 37 17 59 68 37
N O 43 42 70 41 32 42
CAMP KONDWA ICC PIMPRI WALWEKAR BHANDARKAR
As compared all the T ruMart s Walwekar nagar has the highest No. Of customers who shop weekly and Pimpri has the lowest
As compared all the T ruMart the highest no. of T rusmart members areat walwekar nagar and lowest is at ICC .
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How do you find the quality of the products?
20 17 20 1626
17
6559 63
45
63 59
82 2
2310
22 1 2
160 1
0
20
40
60
80
EXCELLENT 20 17 20 16 26 17
G O O D 65 59 63 45 63 59
AVERAGE 8 2 2 23 10 2
P O O R 2 1 2 16 0 1
CAMP KONDWA ICC PIMPRI WALWEKAR BHANDARKAR
How do you find the variety of the products?
2011 14 16
36
11
66 62 65
4552
62
126 6
2311 62 0 2
160 0
0
20
40
60
80
EXCELLENT 20 11 14 16 36 11
G O O D 66 62 65 45 52 62
AV E R A G E 12 6 6 23 11 6
P O O R 2 0 2 16 0 0
CAMP KONDWA ICC PIMPRI WALWEKAR BHANDARKAR
On an average in every store the quality of the products was good. 26% of the customers in Walwekar nagar said that they find the quality of theproducts excellent
On an average in every store the variety of the products was good. 36% of the customers in Walwekar nagar said that they find the quality of theproducts excellent.
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Did you come across any difficulty while purchasing or billing ?
133 4
24
3
19
8276
8376 76 80
0
20
40
6080
100
Y E S 13 3 4 24 3 19
N O 82 76 83 76 76 80
CAMP KONDWA ICC PIMPRI WALWEKARBHANDARKAR
Do you wish any products to be added in our store ?
33
14 13
60
34
14
6265
74
40
65 65
0
20
40
60
80
Y E S 33 14 13 60 34 14
N O 62 65 74 40 65 65
CAMP KONDWA ICC PIMPRI WALWEKAR BHANDARKAR
On an average in every store the customers did not came any difficultywhile purchasing or billing time. But in Pimpri there were 24% customerswho said that they came across difficulty.
On an average in every store the customers did not want any products tobe added but in pimpri there were 60% customers who said that they needsome products to be added in the store.
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Was the store clean ?
91100 100
90 92100
4 0 010 7
00
20
40
60
80
100
120
Y E S 91 100 100 90 92 100
N O 4 0 0 10 7 0
CAMP KONDWA ICC PIMPRI WALWEKARBHANDARKAR
W as the parking space provided to you appropriate ?
87
54
65
29
69
54
8
25 22
71
30 25
0
20
40
60
80
100
Y E S 87 54 65 29 69 54
N O 8 25 22 71 30 25
CAMP KONDWA ICC PIMPRI WALWEKAR BHANDARKAR
As compared all the stores every customer said that the store was clean.But in Pimpri 10% customers said that the store was not clean.
As compared the entire stores, in camp there were 87% customers whosaid that they did not faced any parking problems. But in Pimpri therewere 71% people who said that there were parking problems.
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How was the overall appearance of the crew members?
2616 17 16
2616
58 55 5671 67
55
10 8 10 11 6 81 0 4 2 0 0
0
20
40
60
80
EXCELLENT 26 16 17 16 26 16
G O O D 58 55 56 71 67 55
AVERAGE 10 8 10 11 6 8
POOR 1 0 4 2 0 0
CAMP KONDWA ICC PIMPRI WALWEKARBHANDARK
AR
W ere the S ignages appropriate?
76
100 10085 84
100
19
0 0
15 150
0
20
40
60
80
100
120
Y E S 76 100 100 85 84 100
N O 19 0 0 15 15 0
CAMP KONDWA ICC PIMPRI WALWEKAR BHANDARKAR
As compared all the stores, the overall appearance of the crew memberslike (hair, dressing, body language, communication skill) was good.
As compared all the stores, the Signages which were put on for theguidance of the customers were appropriate and informative.
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How was the visibility an d shelf space arrangement of the store?
17 20 2332
39
20
55 5962
51 5659
23
0 2
164 00 0 1 0 0
0
20
40
60
80
EXCELLENT 17 20 23 32 39 20
G O O D 55 59 62 51 56 59
AVERAGE 23 0 2 16 4 0
POOR 0 0 1 0 0
CAMP KONDWA ICC PIMPRI WALWEKARBHANDARK
AR
How did came to know about the offers?
25 26 25
15
3238
2431 29
37 38
27
44
1824
44
2823
2 49 4
1
12
0
10
20
30
40
50
FLYERS 25 26 25 15 32 38
MOU TH PUB LICITY 24 31 29 37 38 27
NE WS PAPER 44 18 24 44 28 23
TELE-CALLING 2 4 9 4 1 12
CAMP KONDWA ICC PIMPRI WALWEKARBHANDAR
KA R
In every store the visibility and shelf space arrangement was good.
Most of the customers came to know about the offers through newspapers. But in Walwekar nagar, ICC and Kondwa the customers came toknow about the offers throu h mouth ublicit .
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Sex?
55 55
47
33
4738
44
24
40
62
52
62
0
1020
3040
50
60
70
M A L E 55 55 47 33 47 38
F E M A L E 44 24 40 62 52 62
CAMP KONDWA ICC PIMPRI WALWEKARBHANDARK
AR
All the customers varied form store to store. As in Camp, Kondwa & ICCthe no. shoppers were male and in Pimpri, Walwekar nagar & Bhandarkarroad there were female shoppers.
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Findings
From the analysis of the data I collected during the study I presentfollowing Findings:
Awareness level about TruMart among the existing customers is high but the
conversion rate is low.
Customers think that the variety and the quality of products in the store were
not good.
At TruMart Pimpri and Camp the customers faced parking problems.
The offers given to the customers are repeated every time.
Minimum percent of customers came to know about the offers through Tele -
calling.
Most of the customers have come to know about the offers through News
papers and Flyers but less amount of customers have came to know through
Tele -calling.
Satisfaction level of existing customers is satisfactory, however for the future
prospects more changes and efforts have to be taken.
There is a huge potential of Trumart as the y have the maximum branches in
Pune as compared with others.
The supply chain management is very weak, which results in products out of
stock.
Most of the customers said that they wanted to add vegetables & fruits counter
in the store.
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Recommendations:
From the analysis of the data I collected during the study I presentfollowing Recommendations :
At all the TruMart s the customers said that the products to be added were
vegetables & fruits.
At TruMart Pimpri and camp the customers faced parking problems.
Customers think that the variety and the quality of products in the store was
not good.
More distribution of flyers in Newspapers should be there with which the
customers will be able to know the offers.
The offers given to the customers are repeated every time .
There should be new offers every time .
Minimum percent of customers came to know about the offers through Tele -
calling.
Tele -calling should be done to the customers to inform them about the new
offers.
More focus should be given on the advertisements of TruMart.
Hoardings should be put up in the key areas of the city.
SMS should be given to the customers about the new offers.
More promotions to be made to attract new customers
In-store buzz should also be conducted at each Tr umart.
The most important recommendation is the number of Trusmart members
should be increased.
More customers should be converted into Trusmart members.
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SWOT ANALYSIS
STRENGTH
Limited competition.
Good reputation of the company (Piramyd Retail ltd. )
Quality of service.
Highly cooperative and efficient staff & crew members.
Exclusive Products.
Use of modern technology like credit card billing & loyalty progrramme.
Wide range of products to suit all customer segments.
Maximum number of branches (9).
Membership loyalty programme
WEAKNESS
Target customer base very small.
No presence in semi urban sector.
Promotional campaigns are nearly absent.
Less advertising efforts .
At many times products are out of stock.
Weak supply chain management.
Offers are r epeated commonly.
Less number of Trusmart members.
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OPPORTUNITIES
Can build a strong distribution network to trap the untouched market.
Customer education will improve the customer base.
Increasing awareness will result in increase in customer base.
None of the supermarkets have 9 branches in Pune.
No of competitor s is increasing very fast, especially In Pune.
By making some good promotional efforts TruMart can gain more number of customers who will be loyal.
THREATS
Competition with big giants like Food Bazaar and Spencer s daily.
Challenges posed by other retailers in the market.
Customer may shift to other supermarket.
Lower customer base may hinder prompt service.
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Bibliography
Research Methodology, methods and techniques by C.R.Kothari -2nd edition.
TruMart Brochures & Flyers.
Website (www.piramyd.co.in)
http://www.piramyd.co.in/ -
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TRUMART
Dear Customer,
In an effort to serve you better, we request you to fill in the followingquestionnaire.
1. How often do you shop at Trumart? (Weekly / fortnightly / monthly / quarterly / half yearly)
2. Are you a Trusmart member? (Yes/ no)
3. How do you find the quality of the products?
(Excellent / good / average / poor )4. How did you find the variety of products?
(Excellent / good / average / poor)
5. Did you come across any difficulty while purchasing orbilling?(yes/no)
Reason : _________________________________________ _________________________________________.
6. Do you wish any products to be added in our store?
(Yes/ no) Which : __________________________________________
7. Was the store clean? (Yes/ no)
8. Was the parking space provided to you appropriate?
(Yes/ no)
9. How was the overall appearance of the crew members?(Hair, dressing, body language, communication skill)
(Excellent / good / average / poor)
QUESTIONNAIRE
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10. Were the signage s informativ e? (Yes/no)
11. How was the visibility and shelf space arrangement of thestore?
(Excellent / good / average / poor)
12. How did you come to know about the offers?(Flyers / mouth publicity / news paper / Tele -calli ng)
Other : ___________________________________________.
13. Any other observations :____________________________________________________________________________________________________________________________________________.
14. Any other suggestions :____________________________________________________________________________________________________________________________________________.
Personal information:
Name: __________________________________________.
Age: ________. Sex: (Male / Female)
Address: __________________________________________ _________________________________________.
Contact no. : ________________. Mobile: _____________.
THANK YOU
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Photos of TruMart
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