Download - Minor Project on Pantaloons
Enrolment no: 01661201713
Minor Project Report
Personality Development & Communication Skills –III (BBA-209)
BBA III Semester
STUDY OF MARKETING MIX OF PANTALOONS
Internal Guide: Submitted By:
Dr. Deepali Saluja Anirudh Mehta
Assistant Professor2013 -2016
Submitted To:
BanarasidasChandiwala Institute of Professional Studies, Dwarka, New Delhi
(Affiliated to Guru Gobind Singh Indraprastha University)
1
DECLARATION
I hereby declare that this Minor Project Report titled A STUDY OF MARKETING MIX
OF PANTALOONS submitted by me to Banarsidas Chandiwala Institute of Professional
Studies, Dwarka is a bonafide work undertaken during the period from 20/07/2014 to
12/08/2014 by me and has not been submitted to any other University or Institution for the
award of any degree diploma / certificate or published any time before.
12/08//2014
2
BONAFIDE CERTIFICATE
This is to certify that as per best of my belief the project entitled “A STUDY OF
MARKETING MIX OF PANTALOONS” is the bonafide research work carried out by
student of BBA, BCIPS, Dwarka, New Delhi, in partial fulfillment of the requirements for the
Minor Project Report of the Degree of Bachelor of Business Administration.
She has worked under my guidance.
Project Guide (Internal
Date: 12/08/2014
Counter signed by
Director:
Date:12/08/2014
3
ACKNOWLEDGMENT
I would like to thank my Project Mentor Dr.Deepali Saluja for her immense guidance.
Valuable help and the opportunity provided to me to complete the project under her guidance.
I would like to thank all Faculty members of “Banarsidas Chandiwala Institute of
Professional studies” for guiding me and supporting me in the completion of project from
time to time.
Last but not the least, my gratitude to great almighty and my parents without whose
concerned and devoted support the project would not have been the way it is today.
4
TABLE OF FIGURES
S.NO TOPIC PAGE NO.
1) Figure 1
2) Figure 2
3) Figure3
4) Figure4
5) Figure5
6) Figure6
7) Figure 7
8) Figure 8
10
15
17
20
30
31 - 32
40
44
5
TABLE OF CONTENTS
CONTENT PAGE NO.
Chapter 1- Purpose of the study:
1.1. Objective of the project report
1.2. Scope of the study
8
8
Chapter 2- Introduction
2.1 About the organization
2.2 Form of ownership
2.3Nature of business
2.4Geographic area
10-13
14
15
16
Chapter 3- Company profile:
3.1. Organization structure
3.2. Vision & mission/core values
3.3. Products & services offered
3.4. Distribution network
3.5. SWOT analysis
3.6. Competitor information
3.7. Market share & growth rate
3.8. Key challenges/problems facing the organization
18
20
21-25
25 - 26
26-28
29-38
39
40
Chapter 4 – Relate the topic with the organisation 41 – 43
Chapter 5- Conclusion 46
Bibliography 47
6
CHAPTER -1
PURPOSE OF THE STUDY
Chapter 1- Purpose of the study:
1.1. Objective of the project report
1.2.Scope of the study
7
1.1 OBJECTIVES
To make aware of the marketing mix of pantaloons.
To know about the company.
To understand the concept of value retailing followed.
1.2SCOPE
This project report helps me to know about the Pantaloons organization.
This will help me to know more about the marketing strategies of the Pantaloons
Company.
This will also help others to get the properly maintained project on Pantaloons
company and to know about their marketing strategies
8
CHAPTER 2
INTRODUCTION
Fig 1
Chapter 2- Introduction
2.1 About the organization
2.2 Form of ownership
2.3 2.3Nature of business
2.4 Geographic area
9
2.1 ABOUT PANTALOONS
Pantaloons Retail (India) Limited is one of the leading retailers in India. Mr. Kishore Biyani,
is the founder and is famously known"King of Retail". Pantaloon has revolutionized the retail
fraternity. With its headquarter in Mumbai, Pantaloons operates multiple retail formats in
value and lifestyle segment. Pantaloons plans to increase its retail space to 30 million sq. ft.
by 2011. PRIL is sub-divided into:
Pantaloons
Big bazaar
Food Bazaar
Fashion Station
All
Blue sky
E-zone
Collection 1
Home town
Central Mall
2001 – India’s first hypermarket chain – Big bazaar is launched
2002 - Food bazaar, a supermarket chain is launched
2006 – Future group’s financial arm, Future capital holdings launches two real estate funds.
Spotlighting today's buoyant youth, Pantaloons, India's premium lifestyle apparel company
offers chic and trendy fashion to meet their ever-changing needs. Pantaloons reflects the
ideology of always keeping alive the 'newness factor' through fashion apparel and accessories
that are visually appealing and fashionably upbeat.
10
The first Pantaloons store was launched amidst much fanfare in Gariahat, Kolkata in 1997.
Over the years, the brand has undergone several transitions and re-invented itself to bring
forth compelling trends and styles catering to the evolving fashion hub. Pantaloons stores
have an abundance of choices across categories that range from western to Indian wear,
formal to party wear and active wear for men, women and kids. To further add to the
customer's innumerable choices that reflect style, attitude, and comfort, Pantaloons has
extended its horizons to fashion accessories like fragrances, footwear, handbags, watches,
sunglasses and much more.With a chain of 83 fashion stores across 40 cities and towns,
Pantaloons is constantly extending its foot-prints into the rest of modern India.Pantaloons
which was previously controlled by the Future Group has now been taken over by Aditya
Birla Novo Limited ['ABNL']. ABNL is a part of the prestigious Aditya Birla Group, a $40
billion Indian multinational, operating in 36 countries across the globe with over 136,000
employees.
The Aditya Birla Group ranks high in the League of Fortune 500 Corporations of the world
with a strong mix of talented and capable personnel comprising 42 different nationalities,
who are credited with anchoring the organization and scripting one brilliant success story
after another. With all these advancements, Pantaloons is one of the fastest growing apparel
companies. And is poised to grow bigger and better...
MARKETING MIX
The Marketing mix of Pantaloons discusses the 7P’s of Pantaloons or the service marketing
mix of Pantaloons. Pantaloons is a leading retail chain in India.
1. Product:
E-commerce: Pantaloon’s website Futurebazaar.com has revolutionized the e-
commerce business in India. It offers a wide range of products at affordable prices.
Food: In food business, the group offers a host of options.
11
Fashion: The group offers a variety of options in fashion. Its brands include all,Blue Sky,
Central, Etam, Fashion Station, Gini & Jony, Navaras, Pantaloons, and Top 10. -
2. Price:
Pantaloons India has brought a whole new revolution when it comes to pricing strategies,
which is evident through the success of its Big Bazaar and Food Bazaar outlets.
3. Place:
The company operates over 12 million square feet of retail space, has over 1000 storesacross
71 cities in India and 65 rural cities with taking over Aadhar. It plans to take up floor space
of 30 million square feet by 2011.It has plans to open over 3000 new stores by 2010. It is
targeting the Tier-2 and 3 cities which has a huge unleashed potential.
4. Promotion:
They use magazines, newspapers, television, radios , hoardings, internet etc for promoting the
brand . They have joint ventures and alliances with many companies to promote the brand.
5. People:
At the senior management level, the group hired high profile executives from reputed
organizations like Goldman Sachs , Coca-Cola India, PRIL also tied up with a few
management schools to create a management talent pool for the lower levels.Best Employers
in India (Rank 14th) in the Hewitt Best Employers 2007 survey.
The company follows a multi-format retail strategy that captures almost the entire
consumption basket of Indian customers.
6. Processes:
Pantaloons Retail has implemented SAP with an investment of $10 Million in keeping pace
with the technology and it is currently in the process of setting up a SAP consultancy
software. SAP will be helpful in building robust transaction management system .
12
7. Physical Evidence:
It has a huge list of awards, recognition in its kitty like Most Admired Fashion Group Of The
Year, Most Admired Food & Grocery Retailer Of The Year , Most Admired Food Court ,
Most Admired Retailer of the Year, ,Most Admired Food & Grocery Retailer of the Year –
Supermarket.
13
2.2 FORM OF OWNERSHIP
Pantaloons is a public owned company with a large group of people managing it and
controlling it “THE ADITYA BIRLA GROUPS OF INDIA” .With a control and
management panel of people with it.
Pranab Barua, Managing Director of pantaloons , he is the one who is the brain behind this
one-stop store chain in India
With its Management team :-
1) Shital Mehta, (CEO)
2) Manoj Kedia, (CFO)
Pranab Barua, Managing Director
Fig 2
14
2.3NATURE OF BUSINESS
Pantaloons offers a range of opportunities, which are challenging, intellectually stimulating
and enriching. Success is the outcome of dedicated efforts of talented people, committed
towards making an impact – wherever, whenever…at all times.
The cordial environment makes the workplace ambience congenial and an enjoyable
experience, resulting in a group of happy and content employees who work with passion and
achieve great things everyday.
Employees are empowered to tailor their work around their lives while delivering quality
results at all times. Pantaloons hones the inherent skills of its employees by taking them
through a systematic process of learning and development. Each employee is offered an all
round growth path, based on the maxim: Together we can achieve the impossible dream.
15
2.4 GEOGRAPHICAL LOCATION
The largest retailer in the Indian organized retail sector, Pantaloons Retail (India) Limited is a
chain of retail outlets all over the country. Pantaloons follows several formats of retail. A
pantaloon engages in retail operations with 83 stores in 40 different location in India. It is
increasing its operations in India by opening more stores and employes around 1000-
5000people.
Pantaloons stores are located in 40 different Indian cities and towns:
1)Delhi
2)Amritser
3)Bhopal
4)Delhi NCR
5)Chennai and many more.....
Fig 3
16
17
CHAPTER 3
COMPANY PROFILE
Chapter 3- Company profile:
3.1. Organization structure
3.2. Vision & mission/core values
3.3. Products & services offered
3.4. Distribution network
3.5. SWOT analysis
3.6. Competitor information
3.7. Market share & growth
3.8. Key challenges/problems facing the organization
18
3.1 ORGANISATIONAL STRUCTURE
Pantaloons Fashion & Retail Limited is an Indian premium clothing retail chain. The first
Pantaloons store was launched in Gariahat, Kolkata in 1997. As of November 2013, there are
76 Pantaloons stores in 44 cities. Pantaloons was previously controlled by the Future Group,
but has now been taken over by Aditya Birla Nuvo Limited (ABNL ). The first Pantaloons
store was launched in Gariahat, Kolkata in 1997.
Pantaloons currently has 76 fashion stores across 39 cities and plans are underway to
extend its footprint in the rest of India. Pantaloons’ retails products consists of various brands
across categories that range from western to ethnic wear, formal to party wear and active
wear for men, women and kids. Some of its flagship labels are in-house brands such as
Akkriti, Rangmanch, Trishaa, Honey, Annabelle, JM Sport, F Factor, Chalk, and Ajile.
Other than apparel, Pantaloons also offers an assortment of fashion accessories like
fragrances, footwear, handbags, watches, sunglasses etc.
19
Fig 4
20
3.2 VISION AND MISSION
VISION
“Group Vision Future Group shall deliver Everything, Everywhere, Everytime for
Every Indian Consumer in the most profitable manner.” . We will be the trendsetters in
evolving delivery formats, creating retail realty, making consumption affordable for all
customer segments - for classes and for masses. We shall infuse Indian brands with
confidence and renewed ambition. We shall be efficient, cost- conscious and committed to
quality in whatever we do. We shall ensure that our positive attitude, sincerity, humility and
united determination shall be the driving force to make us successful.
MISSION
“ To deliver superior value to our customers, shareholders, employees and society at large.”
”Our vision is to bring new innovated design ,concept of product ,bringing latest trend in
fashion and clothing to the appreal market.We offers an incredible and complete one-stop
shopping experience to its buyers through its vast collection more than 1000 prestigious
brands for the discerning fashionista. We focus on growth while continuing to create fresh
fashion. We are being recognised by our warm personalised service that completes the core
proposition of this trendy chain’’.
VALUES
--- Integrity --- Commitment --- Passion --- Seamlessness
--- Speed
21
3.3 PRODUCT AND SERVICES
Pantaloons deal with a great varity of things like woman clothes , kids clothes ,man clothes
and accessosiors.
Woman clothes we have a variety of collection and brands in one-stop store. Like there are
1)Formals and Evening Wear
2)Ethnic Wear
3) Causal Wear
4)Active Wear
Kid’s clothes we have a variety of collection and brands in one-stop store like in boys they
have :
CHALK
Chalk offers the best in kids wear with a delightful collection of vibrant T-shirts, shirts and
shorts perfect for little boys between the age of 4 to 7 years.
For girls they have a variety of brands with a one-stop collection at a store:
1) CHALK GIRLS 2) AKKRITI KIDS
For mens clothes they have a variety of collection with many brands at one-stop store like:
1)Ethnic wear 2) Casual wear 3)Active wear 4)Evening wear
ETHNIC WEAR includes a varied collection of brands i.e.
AKKRITI WEAR
Akkriti is an ethnic wear brand with a contemporary touch for men who are style
conscious.An assortment of traditional and contemporary kurtas make sure they are dressed
22
in their ethnic best.The eclectic vibe of colors, fabrics and designs make it a great option for
special occasions.
CASUAL WEAR
1)JM SPORTS
Sport is a leading T-shirt brand for men. The collection represents an aristocratic lineage
visible in the T-shirts that are vividly rendered in stripes.Every T-shirts makes for an
attractive casual day/evening wear when paired with denims and chinos.
ACTIVE WEAR
1) ARJILE WEAR
Ajile is sports lifestyle brand that imbibes a distinctively vibrant and casual look
catering to the youth.The brand offers a wide range of athletic apparels and sports
casuals in the form of T-shirts, sweatshirts, dry fit T-shirt shorts
EVENING WEAR
1) F – FACTOR
F Factor is a men’s club wear brand with an exquisite range of flamboyant shirts, suits
and blazers.This assortment of apparel boasts of impressive silhouettes along with
stylish jackets and formal trousers.
23
ACCESSORIES
Pantaloons is one of the stores in India which serves its costomers with not only a variety
of collection but also a full family outlet at a single store with many brands in clothes ,
accessories .
Like in accessories section they deal with a variety of stuff in a wide range and
collectionit at one-stop store.
1) Watches 2) Perfumes 3) Color Cosmetic 4)Sun Glasses 5)Handbags
6) Footwear 7) Jewellery
WATCHES
A good watch is the one that looks charming and brings out your personality at the same
time. Sporty, elegant, classy or luxurious; there's a watch for every occasionShop from an
assortment of watches from renowned international brands like Tommy Hilfiger, Esprit,
Kenneth Cole, Citizen and Timex, or Titan and Fastrack among other brands. It's the perfect
accessory to jazz up your look.
PERFUMES
Your favorite perfume can keep you smelling divine all through the day and lift your spirits
instantly. From fresh and dewy to masculine and musky, there's a fragrance for every mood
and every occasion.Select from a plethora of exotic fragrances from renowned international
brands like Davidoff, Azzaro, Calvin Klein, Diesel, DKNY, Esprit and many more. Find the
perfect perfume that reflects your personality at Pantaloons.
24
COLOR COSMETIC
Let go of your beauty inhibitions and experiment with vibrant colors from neons to pastels
and everything in between.Find the must-have beauty products in your favorite shades from
top color cosmetic brands like Bourjois, Chambor, Deborah, Faces, Revlon, Maybelline,
Lakmé & more. With the right shade you can flaunt a fashionable look all day long.
FOOTWEAR
Sleek, vertiginously heeled, sporty or simply flat, shoes are the ultimate wardrobe staples.
Pick your favorite pair from a wide range of brands like Catwalk, Inc. 5, Red Tape,
Tresmode, Clarks and many more. Put your best foot forward with the latest footwear
collection from Pantaloons.
HAND BAGS
Handbags are the perfect accessory that can add an interesting touch to any outfit. Choose
from a wide range of designs, colors and styles from brands like Lavie, Caprese, Fiorelli ,
Fastrack and more. Whether you are looking for an everyday bag or something a little more
special, come find a bag for every occasion at Pantaloons.
SUN GLASSES
Sunglasses are a year round accessory and epitome of cool. Whether it is to protect your
eyes or express your personal style, a pair of sunglasses can be the difference between being
ordinary and a knockout!Select from a wide range of designs and styles from popular brands
like Allen Solly, Polaroid, I Dee, Scott, Guess, Police and many more. Sophisticated,
glamorous and utilitarian; come find a pair that's a perfect for you.
25
JEWELLERY
Accessories have the power to uplift an ensemble to sartorial heights. From statement
necklaces to delicate bracelets accessories can add an edge to any look.
Take a pick from fashion jewellery brands like Sia, Tribal Zone, Ivorytag & more and let
your accessories speak volumes about your style.
3.4 Distributrion network
Pantaloon is one of the largest retail chains in India. The chain belongs to Pantaloon Retail
India Ltd (PRIL) which owns the Pantaloon brand and manufactured and markets Pantaloon
brands apparels.PRIL’s promoters, the Biyani family, have been in the textiles and garments
business since 1960s.
PRIL has two formats:
• Departments store chain (present format)
• Hyper market chain (emerging one)
The existing face –
THE DEPARTMENTAL STORE
Till now, PRIL has been basically a department store chain. Those in fact are the major
difference between PRIL and other large retail chains in the country. While the others are
mega store chains, or food retail chains, PRIL currently is a department store chain. PRIL has
in its fold a dozen located in cities like Mumbai, Hyderabad, Chennai, Nagpur, Calcutta,
Thane and Pune. In addition it has compact stores in 40 smaller towns spread the length of
the country.
The second major difference PRIL and other chains is that while the others tail all brands
available in the market, PRIL is essentially a private label retailer it markets mainly its own
26
proprietary brands. Though confining to private label restricts the choice for the consumer,
and hence restricts the business scope, PRIL finds it easier to survive by being a private
retailer. By marketing its own private brands/products, PRIL is able to gather better margins
at the retailing end and also able to enjoy a better supply chain.
3.5 SWOT ANAYLSIS
STRENGTH
Pioneer in the industry, largest market share and capitalization.
Reputation for value for money(Competitive pricing), convenience and a wide range
of product all in one store
Presence in major cities
Highly Strategic human resource management and development. It invests time and
money in training people, and retaining them.
Most trusted and respected brand by the consumers
Being financially strong helps pantaloons retail India deal with any problems, ride
any dip in profits and out perform their rivals
Development and Innovation are high at Pantaloons India with regards to it products
and consumer preferences and lifestyle changes which keep its ahead of it
competitors.
27
WEAKNESS
Pantaloons does not function internationally, which has an effect on success, as they
do not reach consumers in overseas markets.
PRIL is the World’s largest grocery retailer and control of its empire, despite its IT
advantages, could leave it weak in some areas due to the huge span of control
Since Pantaloons Retail India Ltd sell products across many sectors, it may not have
the flexibility of some of its more focused competitors.
Each business line faces competition from specialty companies. Fashion segment,
Shoppers Stop, Trent, Lifestyle. In hypermarket-RPG (Spencer’s),Trent (Star India
Bazaar) In Food business, Reliance Fresh, Spinach, Food World
OPPORTUNITIES
Huge untapped market
(The Indian middle class is already 30 Crore & is projected to grow to over 60
Crore by 2010 making India one of the largest consumer markets of the world)
Organized retail is only 3% of the total retailing market in India. It is estimated to
grow at the rate of 25-30% p.a. and reach INR 1, 00, 000 Crore by 2010.
To take over, merge with, or form strategic alliances with other global retailers,
focusing on specific markets
New locations and store types offer PRIL opportunities to exploit market
development.(Diversification into insurance , property, and variety of products
and stores)
28
Opportunities exist for PRIL to continue with its current strategy of large, super
centres.
Rural Retailing
THREATS
Being number one means that you are the target of competition.(Extra competition
and new competitors entering the market could unsteady pantaloons retail India)
A slow economy or financial slowdown could have a major impact on pantaloons
retail India business and profits.
Consumer lifestyle changes could lead to less of a demand for pantaloons retail India
products/services
Price wars between competitors, price cuts and so on could damage profits for
pantaloons retail India.
The actions of a competitor could be a major threat against pantaloons retail India,
for instance, if they bring in new technology or increase their workforce to meet
demand
Shopping Culture: Shopping culture has not developed in India as yet. Even now
malls are just a place to hang around with family and friends and largely confined to
window-shopping.
If unorganized retailers are put together, they are parallel to a large supermarket
with little overheads, high degree of flexibility in merchandise, display, prices and
turnover.
29
Fig 5
3.6 COMPETITORS OF PANTALOONS
Pantaloons have many competitors of its in the market .Some of them are discussed as below
1) Montacarlo 2) Cantabiles 3)Reliance Trend 4) Big bazaar 5)Louis philippe
CANTABIL
ABOUT
Cantabil Retail India commenced its Journey in the Year 2000 with a brief collection of
men’s shirts and trousers. Slowly afterwards, within a short span of 9 years, it has
successfully carved a niche in the Indian Fashion Industry.
30
Today, the company is better recognized as “CANTABIL” – an unique Italian Brand known
for its unique, distinctive & ultra comfy clothing. Its range starts from the sophisticated
formalwear, Party-wear and ends at casuals & the ultracasual clothing.
The voyage started in the year 2000 with the inaugration of the first Cantabil store in New
Delhi. Supported by the persistent efforts of the young and dynamic professionals, Cantabil
has extended its sales network to 279 exclusive retail stores across India.
ABOUT THE PRODUCT AND SERVICES
Cantabil is a Italian brand also providing with a variety of clothes to its costumers .It also has
both woman and mens collection in its stores. For men and women they have
jean ,trousers,t-shirts , formal shirts with a great deal of variety with them.
MEN’S WEAR
1)FORMAL SHIRT 2)DENIMTROUSER
31
WOMEN’S WEAR
1) T-SHIRT 2) TROUSERS
Fig 6
MONTICARLO
ABOUT
Monte Carlo Fashion Ltd was incorporated on 01.07.2008 with the objective to take over the
readymade garments business of Oswal Woollen Mills Ltd. As per the orders of Honorable
Punjab and Haryana High Court the garment business of Oswal Woollen Mills was
transferred to Monte Carlo Fashion Ltd w.e.f 01.04.2011.
Our woollen products include sweaters and cardigans, whereas, our cotton knitted garments
include t-shirts and track suits. Our woven garments portfolio includes shirts, trousers, suits,
jackets and denims. Our woollen and cotton garments primarily cater to the premium and
mid-premium segments in the branded apparel industry. We also supply accessories including
belts, ties, inner wears, thermal wears and socks. Both the 'Monte Carlo' and 'Canterbury'
brands were launched by Oswal Woollen Mills Limited ("OWM"), one of our group
companies which were engaged in the textile industry including spinning of woollen and
cotton yarn, weaving denim fabric and manufacture of garments. However, with effect from
April 1, 2011, the woollen and cotton garments business of OWM under the brand 'Monte
Carlo' and 'Canterbury' were demerged into our clothes.
32
Monte Carlo (French: Monte-Carlo or colloquially Monte-Carl, Monégasque: Monte-Carlu)
officially refers to an administrative area of the Principality of Monaco, specifically
the ward of Monte Carlo/Spélugues, where the Monte Carlo Casino is located. Informally the
name also refers to a larger district, the Monte Carlo Quarter (corresponding to the former
municipality of Monte Carlo), which besides Monte Carlo/Spélugues also includes the wards
of La Rousse/Saint Roman, Larvotto/Bas Moulins, and Saint Michel. The permanent
population of the ward of Monte Carlo is about 3,500, while that of the quarter is about
15,000. Monaco has four traditional quarters. From west to east they are: Fontvieille (the
newest),Monaco-Ville (the oldest), La Condamine, and Monte Carlo.
Monte Carlo (literally "Mount Charles") is situated on a prominent escarpment at the base of
the Maritime Alps along the French Riviera. Near the western end of the quarter is the world-
famous Place du Casino, the gambling center which has made Monte Carlo "an international
byword for the extravagant display and reckless dispersal of wealth".[1] It is also the location
of the Hôtel de Paris, the Café de Paris, and the Salle Garnier (the casino theatre which is the
home of the Opéra de Monte-Carlo).
The eastern part of the quarter includes the community of Larvotto with Monaco's only
public beach, as well as its new convention center (theGrimaldi Forum), and the Monte-Carlo
Bay Hotel & Resort. At the quarter's western border, one crosses into the French town
of Beausoleil(sometimes referred to as Monte-Carlo-Supérieur), and just 5 miles (8 km) to its
east is the western border of Italy.
ABOUT THE PRODUCT AND SERVICES
Our woollen products include sweaters and cardigans, whereas, our cotton knitted garments
include t-shirts and track suits. Our woven garments portfolio includes shirts, trousers, suits,
jackets and denims. Our woollen and cotton garments primarily cater to the premium and
mid-premium segments in the branded apparel industry. We also supply accessories including
belts, ties, inner wears, thermal wears and socks.
33
RELIANCE TREND
ABOUT
Reliance Retail Ltd. is a subsidiary company of Reliance Industries. Founded in 2006 and
based in Mumbai, it is the largest retailer in India in terms of revenue. Its retail outlets offer
foods, groceries, apparel and footwear, lifestyle and home improvement products, electronic
goods, and farm implements and inputs. The company’s outlets also provide , fruits and
flowers. It focuses on consumer goods, consumer durables, travel services, energy,
entertainment and leisure, and health and vegetablesell-being products, as well as on
educational products and services.
It has a total of 1,577 stores (as of March 2014) in India with an area of approx.9 million
square feet. Reliance Trend is a subsidiary company with its headquater at Reliance
Industries Limited, Nariman Point,Mumbai, India .It had a turnover of Rs. 108 billion
in the financial year 2012-13. Approx. 56 per cent of this revenue came from its 'value and
other' segment that operates grocery chains Reliance Fresh, Reliance Super and Reliance
Hyper.
Reliance Retail has announced revenues of Rs. 34.74 billion for the first quarter of 2013,
showing 53% jump from 2012. The company also reported operating profit of Rs.
700 million for the same quarter.Reliance reported quarterly profit of Rs. 106 Crore (for Oct
2013 - Dec 2013)
With
1) Mukesh Ambani( chairman)
2) Rob Cissell ( CEO)
3)Shawn Gray the (COO) of Reliance Trend of India.
34
ABOUT THE PRODUCTS AND SERVICE
There are over 45 Subsidiaries & divisions of Reliance Retail. Following is the list of major
divisions:
1. Reliance Fresh - Retail outlets of fruits, vegetables & groceries. This division is yet to
become profitable.
2. Reliance Digital - Consumer Electronics retail stores. It had 139 stores in Mar 2013.
3. Reliance Jewels - Jewellery; It had revenues of approx. Rs. 8 billion in financial year
2012-13.
4. Reliance Time Out - Lifestyle store of Books, Music, Movies, Toys, Gaming,
Fragrances, Stationery.
5. Reliance Trends, Reliance Footprint and Reliance Living - Apparel and Clothing. It
had revenues of approx. Rs. 16 billion in financial year 2012-13.
BIG BAZZAR
ABOUT
BIG BAZZAR is a hyperchain store in India. It is being headed by the founder of the future
groups who is Mr. Kishore Biyani. Its headquater is at Mumbai, Maharashtra,
India.Mr.Biyani gave this store a concept of ‘’3-C THEORY’’.
According to Kishore Biyani's 3-C theory, Change and Confidence among the population is
leading to rise in Consumption, through better employment and income.The 50th Big Bazaar
store is launched in Kanpur.Partners with Futurebazaar.com to launch India's most popular
shopping portalInitiates the "Power of One" campaign to help raise funds for the Save The
Children India Fund.Pantaloon Retail wins the International Retailer of the Year at US-based
National Retail Federation convention in New York and Emerging Retailer of the Year
award at the World Retail Congress held in Barcelona.
35
Big Bazaar has divided India into three segments:
India one: The Consuming class which includes upper middle and lower middle class
(14% of India's population).
India two: The Serving class which includes people like drivers, household helps, office
persons, liftmen, and washermen (55% of India's population) and
India three: The Struggling class (31% of India's population).
ABOUT THE PRODUCTS AND SERVICES
BIG BAZZAR has a great variety of products with special offers on specific days. On
specifics days big bazzar has a great deal of schemes and innovative ideas for its costumers.
WEDNESDAY BAZAAR
The concept of Wednesday Bazaar was promoted as 'Hafte Ka Sabse Sasta Din' (Cheapest
Day of the Week). Initiated in January 2007, the idea behind this scheme was to draw
customers to stores on Wednesdays, the day when consumer presence is usually less.
According to the chain, the aim of the concept was 'to give home makers the power to save
the most'.
MAHA BACHAT
The concept of 'Maha Bachat' (Mega Saving) was introduced in the year 2006 as a single day
campaign with promotional offers across the company outlets. Over the years, the concept
has grown to become a six-day biannual campaign. During the campaign, offers are given in
all the value formats including Big Bazaar, Food Bazaar, Electronic Bazaar, Furniture
Bazaar, Fashion bazaar.
36
THE GREAT EXCHANGE OFFER
Introduced on 12 February 2009, 'The Great Exchange Offer' allows customers to exchange
their old goods for Big Bazaar coupons. The coupons can be redeemed later for buying brand
new goods from Big Bazaar outlets across the nation.
LOUIS PHILIPPE
ABOUT
Madura Fashion & Lifestyle, a division of Aditya Birla Nuvo Ltd. is one of India’s fastest
growing branded apparel companies and a premium lifestyle player in the retail sector. After
consolidating its market leadership with its own brands, it introduced some of the leading
international labels enabling Indian consumers to buy the most prestigious global fashion and
accessories within the country.
The company’s brand portfolio includes products that range from affordable and mass-market
to luxurious, high-end styles that cater to every age group, from children and youth to men
and women. Madura Fashion & Lifestyle is defined by its brands — Louis Philippe, Van
Heusen, Allen Solly, Peter England and the people that personify style, attitude, luxury and
comfort.
Madura Fashion & Lifestyle reaches its discerning customers through an extensive network
comprising 700 exclusive franchise stores, many department chains and over 2,000 premium
multi-brand trade outlets, both within and outside India.
The company’s lifestyle store, The Collective offers a unique blend of global fashion,
international trends and innovative customer services to customers in Bengaluru, Mumbai
and Delhi.
Planet Fashion, the apparel-retail arm of Madura Fashion & Lifestyle, housing the company’s
in-house and other brands, is the largest chain of stores of its kind in India.
Since 1989, the year of its launch in India, Louis Philippe has stood for excellence. The
unmistakable Louis Philippe Crest signals that not only has the wearer arrived, but has done 37
so by insisting on nothing less than excellence. A tradition that dates back to the 60’s when
the brand was first introduced in England, inspired by the golden age of King Louis Philippe
of France.
Louis Philippe’s relentless pursuit of excellence manifests itself in a collection that is always
evolving, the only constant being a commitment to perfection – be it the finest fabric money
can buy, or unmatched craftsmanship.
In 2008, Luxure was introduced in select stores across the country. An exclusive line for
those who appreciate the finer things of life, Luxure is quite simply a testament to the art of
excellence.
LP Louis Philippe was launched in 2007, bringing the essence of the brand to a whole new
generation. Following an inimitable aesthetic, this remarkable collection of stylish casual
wear is meant for young, passionate gentlemen.
ABOUT THE PRODUCTS AND SERVICES
LOUIS PHILIPPE is a brand that deals variety of collections i.e. mens
wear , , accessories ,shoes , bags etc.
MENS WEAR
Inspired by racing colours and styles, these polo shirts are perfect for those who love
adventure. Few fabrics age as beautifully as denims. They take on your character and attitude
with time. Our jeans are crafted with passion and excellence to reflect the wearer.
Rich colours woven to perfection for a classic ensemble. Infused with the vibrant colours of
the Mediterranean, these t-shirts are perfect for any occasion.
SHOES , BAGS , ACCESSORIES
Polish up your act with these brushoff-leather Derby shoes. This streamlined style will make
a refined addition to your formal wardrobe. Immaculately designed with great attention to
38
detail. Ideal for those in pursuit of excellence. A fine leather belt with braided finish at the
tail to give it a unique look. For those who love to stand out in sharply silhouetted clothes.
39
3.7 MARKET SHARE AND GROWTH OF PANTALOONS
The summary page of Pantaloons Fashion & Retail Ltd. captures the information on its Live
Stock Price and Volume, 52 Week High Low, Intraday and Historical Price Chart, Key
Ratios, F&O Quotes, Competitors, Comparative Analysis, Buy Sell Recommendations,
Company News and Announcements, Shareholding Pattern, Key Quarterly and Annual P&L
A/c items, and Community Prediction.
PANTALOONS FASHION & RETAIL – FINANCIAL
Q4 /2014 Ann2013
Total Income Cr. 411 1,348
EBIT Cr. -45 75
PAT Cr. -71 45
Fig 7
40
3.8 KEY CHALLENDGES
India’s leading retailer, Pantaloon Retail (India) Limited, has seen rapid growth in its many
market segments and retail formats. But with more than 2,000 sites across India, the company
had difficulty tracking the financial information of each location. Pantaloon’s major
advantage over its competitors in the retail sector has been its unique understanding of the
Indian organized retail market with all its quirks, shortcomings and challenges. By creating a
retail business from the ground-up and expanding rapidly, Pantaloon has followed a Wal-
Mart-like pattern of growth. However, unlike Wal-Mart, it decided to experiment with as
many retail formats, product-mixes and brands as was possible in order to gain maximum
knowledge about the uncertain Indian mindset.
In fact, newer entrants in the organized retail market would learn the ways of the unique
Indian organized retail sector as well as find a way to combat Pantaloon’s dominant market
share in almost all forms of organized retail a daunting task.
41
CHAPTER 4
RELATING THE TOPIC WITH THE ORGANISATION
Chapter 4- Relate the topic with the organization
42
INTRODUCTION
The marketer mixes the prime colours (mix elements) in different quantities to deliver a
particular final colour. Every hand painted picture is original in some way, as is every
marketing mix. Target Market is the key. The offer you make to your customer can be altered
by varying the mix elements. So for a high profile brand, increase the focus on promotion and
desensitize the weight given to price. Another way to think about the marketing mix is to use
the image of an artist's palette. Marketing Mix.
Competition
Designing the right marketing mix
The most creative & challenging step in marketing is designing the right marketing mix The
marketing mix is the specific collection of actions & associated instruments employed by an
organisation to stimulate acceptance of its ideas, products & services Total Offer to the
Customer.
First, the firm chooses the product to meet the identified need of the target segment Second,
the right distribution channel is used to make the product available Third, the firm undertakes
eye catching promotion.
Fourth, the price platform is acceptable to the customer & firm 4Ps & 4Cs
Product- Customer /Consumer
Price- Customer cost
Place- Convenience
Promotion- Communication
43
Fig8
The main 4p’s of Pantaloons :
PLACE
Pantaloons is India’s one-stop store providing many brands and variety in products at one
store.Pantaloons is heading its retail stores in many states of India .It is having around 44
stores all over India with a sales turn over of 3 million .
PRICE
Pantaloons India has brought a whole new revolution when it comes to pricing strategies,
which is evident through the success of its Big Bazaar and Food Bazaar outlets. Pantaloons is
one such store which offers multiple brands and collection at a very reasonable prices. It does
lower its price according to the market demand of the commodity . For example : Recently
pantaloons had tried to increase its sale growth upto 35percent by lowering there prices to
44
2007 .It expected such a strategy will provide a compelling entry –level price point to
consumer is competing retail chain.
PROMOTION
They use magazines, newspapers, television, radios , hoardings, internet etc for promoting the
brand . They have joint ventures and alliances with many companies to promote the brand.
Pantaloons uses different means of promotio9nal activies for its promotion through different
offers to increases its sale and through pamphlets ,distribution of gift vouchers to the
costomers and many more.
PRODUCT
Pantaloons is a one-stop store with a variety of product available with it for all age group . It
not only provides with the clothes but also with a variety of range in handbags , sunglasses ,
footwear , asseccories , watchese etc. These products are available to the costomers in two
ways either on its retail stores or online shooping on its official website. Online shopping is
one of the most convinent way of shopping with lots of options and discount offers also.
45
CHAPTER -5
CONCLUSION
46
CONCLUSION
From the above project I had come to this conclusion that the idea that PANTALOONS is
tailored for the active, trendy and comfortable lifestyle of both teenagers and adults are
conclusive. Just like their competitor, Big Bazzar, Pantaloons provides excellent satisfactions
to consumers up to a certain extent because there are still some who would choose Big
Bazzar over Pantaloons. Pantaloons now like Big Bazzar , has a larger consumer base and
this in turn, will definitely increase profits for the company. In terms of price and collection
Pantaloons is serving its customers with the best quality so that they repeat the decision to
purchase again. Even with small discounts offered. Competition is stiff in the clothing sector
as many major companies are actively providing with good quality at reasonable prices, and
meeting consumer satisfactions. Pantaloons is also very vigilant and is actively improving
itself to improve its products and satisfy the consumers.
47
BIBLIOGRAPHY
1)http://pantaloons.com/
26/07/2014 03:30PM
2)http://en.wikipedia.org/wiki/Pantaloons_Fashion_%26_Retail
25/07/2014 04:00 PM
3)http://www.marketing91.com/marketing-mix-pantaloons/
25/07/2014 04:30 PM
4)http://en.wikipedia.org/wiki/Cantabile
24/07/2014 01:30PM
5)http://en.wikipedia.org/wiki/Big_Bazaar
01/07/2014 01:42PM
6) http://www.louisphilippe.com/company/
02/07/2014 10:30PM
7)http://en.wikipedia.org/wiki/Reliance_Retail
02/07/2014 11:00PM
48