+ All Categories
Home > Documents > A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

Date post: 05-Apr-2018
Category:
Upload: babasab-patil-karrisatte
View: 234 times
Download: 0 times
Share this document with a friend

of 63

Transcript
  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    1/63

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    2/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    COMPANY PROFILE

    Vishal retail Ltd is the largest market retail chain in India with more than 175 stores in 24

    states & 104 citiesacross India.Retailing, in commerce, consists of buying goods or

    products in large quantities from manufacturers or importers, either directly or through awholesaler, & then selling individual items or small quantities to the general public or end

    user customers, usually in a shop, also called stores. Retailers are at the end of supply chain

    that link manufacturers, wholesalers, other suppliers and the final consumers. Marketers

    see retailing as a part of their overall distribution strategy. Manufactured goods are

    worthless until they pass through acid test of retail distribution

    . The Vishal brand is known for great modern style for men, women

    and children. Vishal offers high level fashion styling. Since 1986, our name has been

    synonymous with quality, value and fashion integrity. We offer an unparalleled collection

    of clothes for the entire family. Each garment is hand selected for quality and

    contemporary styling. Vishal manufactures majority of its own garments and out sources

    some under its direct quality supervision. This enables us to offer the lowest possible and

    most reasonable price.

    Vishal Mega Mart stores offer affordable family fashion at prices to suit every pocket.

    The outlet retails Garments, Footwear, Home Furnishing, Household, Food & Non-Food

    Products, Ladies Accessories, Lifestyle, Hardware, Car Accessories, Techno & Electricals,

    Utensils, Sports & Fitness, Stationery, Toys & Games, Travel Accessories, Furniture,

    Sanitary Ware, Crockery, Consumer Durables, FMCG, etc. in almost all price ranges.

    What started as a humble one store enterprise in 1986 in Kolkata (erstwhile, Calcutta) is

    today a conglomerate encompassing 183 showrooms in 24 states / 110 cities .Indias first

    hyper-market has also been opened for the Indian consumer by Vishal. Situated in the

    national capital Delhi this store boasts of the single largest collection of goods and

    commodities sold under one roof in India.

    Vishal is one of fastest growing retailing groups in India. Its outlets cater to almost all price

    Babasabpatilfreepptmba.com 2

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    3/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    ranges. The showrooms have over 70,000 products range which fulfills all your household

    needs, and can be catered to under one roof. It is covering about 29, 90, 146 ssq. ft. in 24

    states across India. Each store gives you international quality goods and prices hard to

    match. The cost benefits that is derived from the large central purchase of goods and

    services is passed on to the consumer

    .

    Vishal mart has been fortunate in having very eminent and honest men of vision and great

    talent as Board of Directors and Executives. The ever increasing profit figures of the Vishal

    depict the efficiency of the management. Discount and several other developments in and

    around the organized retail trade (the 3% of the total retail trade) indicate the changing

    dynamics of the sector and the way the business will take shape in the years to come. For

    Ram Chandra Agarwal, MD, Vishal Mega mart, the discount war is just a component of the

    overall evolution process initiated by retailers. We are concentrating on buying in

    volumes through cash purchase which give us an edge. Ultimately, the convenience, value

    and variety given to customers will make a difference, he says. Be it managing a supply

    chain, grappling with hundreds of suppliers or handling store inventory the modern

    retail industry is a big affair. Then follow other aspects like positioning of the brand with

    apt pricing, packaging and retail experience, understanding the customers, dealing with

    partners such assuppliers, mall developers and franchisees. However, the biggest challenge is saving bucks

    either through margins or rentals, so that there is profit even after the discounts. Though it

    reads as a complete win-win situation, it is surely a tough target to be achieved.

    Though organized retail is at its nascent stage, once the brands are established, the

    FMCGs will have to deliver to their expectations. Moreover, if these FMCGs buckle up

    with retailers, the country will see a slew of private labels coming in, says Sahni. He adds,

    These private labels will gradually end up carving a niche for themselves even in the

    unexplored territories, including rural India.

    Minimal advertising or promotional costs will further increase the margins. The

    Retailers Association of India (RAI), an association of retailers like Pantaloons, Piramyd,

    Shoppers Stop, Subhiksha Trading, Food World Supermarkets, Hypercity Retail, Reliance

    Petro Marketing, etc, has now asked all Indian FMCG companies to follow a July 1

    Babasabpatilfreepptmba.com 3

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    4/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    deadline for barcoding their products. At present about 25% of Indian companies do not

    carry barcodes on their products. Industry experts insist that barcoding is just one of the

    upgrades that Indian FMCG companies need to do to cater to the demands of an organized

    retail scenario.

    SBI Card on Monday launched a co-branded card in association with leading retail chain

    Vishal Mega Mart to tap the booming organized retail market that is pegged to hit Rs

    1,09,000 crore (Rs 1090 billion) by 2010.

    "SBI Vishal Mega Mart Card is one of the best co-branded credit card that offers reward

    points and other benefits to frequent shoppers and will be free for those who spend above

    Rs 7,500 per annum," Roopam Asthana, CEO, SBI Card said in New Delhi.

    Asthana said the card would be free of cost for the first year, but would charge Rs 700 per

    annum if purchase on the card was less than Rs 7,500.

    Other SBI cardholders could also flip their card for SBI Vishal Mega Mart card and use it

    like any other credit card.

    "By partnering with SBI Card, we are not just offering customers a convenient payment

    mechanism but a unique consumer loyalty programme that rewards them every time they

    shop," Ram Chandra Agarwal, MD, Vishal Retail said.Some of the features of the co-branded card include Rs 250 discount voucher on signing up

    for the card and a set up by which the card holder earns five reward points on every Rs 100

    spent that could go up to eight points on spends above Rs 7,500 and the points are

    redeemed at any Vishal Mega Mart store.

    Other offers in the credit card are no transaction fee on fuel purchase at select IOC and IBP

    petrol pumps and balance transfer facility without any interest for 75 days and

    complementary personal accident insurance.

    Vishal Mega mart retails a large variety of household, FMCG and consumer durable goods

    at bargain prices at its 24 self-owned stores, which are likely to increase to 50 by the end of

    2006.

    PROFILE

    Babasabpatilfreepptmba.com 4

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    5/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    NAME OF THE ORGANISATION VISHAL RETAIL LIMITED

    REGISTRED & HEAD OFFICE PLOT NO 332,NEAR TELCO WORK

    BEHIND SHOKEEN FARM LANDS,

    RANGPURI DELHI,---- 110037

    COMPANY INCORPORATED: IN I986

    COMPANY LOCATION CALCUTTA

    AREA 25000 Sq

    FOUNDERS UMA AGARWAL,

    PRODUCTS Consumer Products,IndustrialProducts,

    Shoping Products, convienanceProducts

    Industry : Retail Industry

    Competitors Big Bazar, Shopers shop,

    Technology : SAP,TALLY,

    Products available a Vishal mega mart:

    Apparel and Accessories for Men, Women and Children, Sarees, Linens,

    Baby Accessories,

    Cosmetics,

    Crockery,

    Dress Materials Suiting & Shirting,

    Electrical Accessories, Electronics,

    Footwear,

    Toys,

    Home Textiles, Home Needs, Home Decor,

    Babasabpatilfreepptmba.com 5

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    6/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Household Appliances, Household Plastics, Utensils & Utilities

    FUNCTIONAL DEPARTMENTS

    The store operations are divided into various operations which are carried out by the

    respective functional departments.

    ADMINISTRATION DEPARTMENT

    Admin department is divided into following sections:

    1. Security services:The security personnel are under contract basis. They are security

    staff working for vishal Retail India Ltd. The complete store security and

    movement tracking are under their control.

    2. House Keeping: Their main duty is to look after the cleanliness and overall hygiene

    of the store. The admin manager creates checklists for the cleaning schedules and

    the team members work in accordance to those checklists. Checklists include

    cleaning the floor, lifts, escalators, staircase, window panes, various shelves and

    display racks, AC ducts, Glass walls, trolleys, baskets, parking areas etc.

    3. Packers: Proper packing of the sold goods is required before handing it over to the

    customer. Helpers to the cashiers are appointed to do this job. Packing the food

    items, items to be handled with care and other items all separately is their job.

    4. Loaders: Few people are appointed to load and unload merchandise from trucks and

    cautiously transfer them to the desired location in the store.

    5. Standard operation and procedures: In this section various registers are maintained-

    A]Key movement register- The various store keys are maintained by different

    staff members. These people have to make entries in their register regarding thekeys they carry.

    B]Staff Value declaration register- Every staff member while entering the store

    has to declare the amount of cash with him/her. This is done to minimize thefts

    within the store.

    Babasabpatilfreepptmba.com 6

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    7/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    C]Customer Footfall Report: This register is updated every hour. The total

    number of customers that entered the store in that hour are counted and noted

    down in this register.

    D]Staff Purchase Register- Entries are made in this register regarding the

    purchases made by the staff members in the store.

    6]Staff Grooming Register- Entries regarding the appearance, personal hygiene,

    presenting self and dress code of the team members is made. A long checklist

    regarding staff grooming is referred to make these entries.

    MAINTENANCE AND FACILITIES DEPARTMENT

    The functions of this department are-

    1) To check the functioning of various items like Escalators, ACs, Frozen section,

    Lighting equipments etc.

    In case of their malfunctioning, repairs have to be carried out as soon as possible to

    ensure proper store operation.

    2) To check and note the opening and closing electricity meter readings and prepare a

    monthly statement.

    3) Ensure safe and consistent power supply at the store.

    7) I.T. DEPARTMENT

    The software used on Retail Enterprise Manager(REM). In this all the information

    concerning the product like, name, category barcode number, MRP, discount rate, net price

    etc are stored.

    Day opening and day closing are the important activities in REM, where REM will allow

    the users to start transactions for the day and freeze all document transactions made for the

    day respectively. All the incremental stock balances will be loaded into REM at the day

    Babasabpatilfreepptmba.com 7

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    8/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    opening activity. The sales and collection data will be posted to the staging server for the

    Sap at the day closing activity.

    DEPARTMENT STORES

    Vishal mart operates in a four floored building and the 2 floors are divided into various

    sections called Department Stores.

    The various department stores are:

    1. Food Store

    2. Wellness,

    3. Customer Service Desk,

    4. Plastics - Utensils - Crockery Department,

    5. General Merchandise,

    6. Mobile Store

    7. Apparels,

    8. New Business Development,

    9. Electronic Store

    10.Furniture Store

    . CUSTOMER SERVICE DESK(CSD)

    Customer service means meeting or exceeding the customers expectations and needs.

    Customer Service is not a one time activity, it should reflect in each and every activity. Be

    it the facilities, layout of the store, communication and interaction or the company policies,

    all affect the customer service.

    CSD has been formed to take care of customer needs and problems. CSD also provides

    various services like -

    1. Alterations with respect to apparels

    2. Exchanges of merchandise

    Babasabpatilfreepptmba.com 8

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    9/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    3. Gift wrappings

    4. Baggage counters for safe deposit of customer baggage.

    5. Share with us - Customer feed back

    6. In-store communication- transferring telephone calls

    7. Free gifts

    8. Sale of gift vouchers

    9. Home delivery for food Store

    10. Home delivery for electronics and furniture

    PRODUCT CLASSIFICATIONS

    Products and services fall into two broad classes based on the type of customers that use

    them:

    1. Consumer products

    2. Industrial products

    1. Consumer products : Consumer products are products and services bought by final

    consumers for personal consumption: Marketers usually classify these products and

    services further based on how consumers go about buying them. Consumer products

    include convenience products, shopping products, speciality products, and unsought

    products. These products differ in the ways consumers buy them and therefore in how they

    are marketed.

    Convenience Products : are consumer products and services that the customer usually

    buys frequently, immediately, and with a minimum of comparison and buying effort.

    Examples include soap, candy, newspapers, and fast food. Convenience products are

    usually low priced, and marketers place them in many locations to make them readily

    available when customers need them.

    Shopping Products: are less-frequently-purchased consumer products and services that

    customers compare carefully on suitability, quality, price, and style. When buying

    Babasabpatilfreepptmba.com 9

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    10/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    shopping products and services consumers spend much time and effort in gathering

    information and making comparisons, Examples include furniture, clothing, used cars,

    major appliances, and hotel and airline services, shopping products marketers usually

    distribute their products through fewer outlets but provide deeper sales support to help

    customers in their comparison efforts.

    Speciality Products : are consumer products and services with unique characteristics or

    brand identification for which a significant group of buyers is willing to make a special

    purchase effort, Example include specific brands and types of cars, high priced

    photographic equipment, designer clothes, and services of medical or legal specialists. A

    Lamborghini automobile, for example, is a specialty products because buyers are usually

    willing to travel great distances to buy one. Buyers normally do not compare specially

    products. They invest only the time needed to reach dealer's carrying the wanted products.

    2. Industrial Products: Industrial products are those purchased for further processing or

    for use in conducting a business. Thus, the distinction between a consumer product and an

    industrial product is based on the purpose for which the product is bought. If the same

    consumer buys the same lawn mower for use in a landscaping business, the lawn mower is

    an industrial product.

    The three groups of industrial products and services include

    Materials and parts,

    Capital items, and

    Supplies and services,

    Material consist of farm products (wheat, cotton, livestock, fruits,

    vegetable) etc., and natural products (fish, lumber, crude petroleum, iron ore).

    Manufactured materials and parts consist of component materials (iron, yarn, cement,

    wires) and component parts small motors, tires, castings.

    Marketing strategies for various products:

    1. Convenience Products:

    Babasabpatilfreepptmba.com 10

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    11/63

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    12/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    These products are purchased less frequently as they are usually durables. There is a lot of

    planning involved while shopping and shopping efforts are also high. There is a lot of

    comparison between brands, price, quality, style etc. and the consumer may postpone the

    purchase to get a better product.

    3. Speciality Products:

    These products have strong brand preference and brand loyalty. There are special shopping

    efforts made by the customer to get these products. There is low comparison of brands and

    there is low price sensitivity.

    DEPARTMENT STORES

    Vishal mega mart operates in a building and the are divided into various sections called

    Department Stores.

    The various department stores are:

    1. Food Mart

    2. Plastics - Unsils - Crockery Department,

    3. Mobile Mart

    4. Apparel

    5. Electronic Mart

    6.Furniture Mart

    Babasabpatilfreepptmba.com 12

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    13/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    I. FOOD Mart Flagged off in April 2002, Food Mart is a chain of large supermarkets with

    a o difference, where the best of western and Indian values have been put together to

    ensure o the satisfaction of the customers while shopping. Food marts concept is to create

    and blend a typical Indian mart and international supermarket atmosphere with the

    objective of giving the customer all the advantage of Quality, Range and Price associated

    with the large format stores and also the comfort to See-Touch and Feel the products. The

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

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

    like atmosphere created by displaying staples out in open. All product are economical and

    at affordable prices without any compromise on quality.

    Food mart mainly deals with three categories of products: Food, Non Food & Staples.

    The sub categories are described below:

    FOOD

    Ready to eat Snacks

    Ready to fry Health Drinks

    Pickles Noodles & Vermicelli

    NON-FOOD

    This section has two divisions: Personal Care and Home Needs.

    Personal care Home Needs

    Shaving Needs 1.Toilet cleaners

    Sanitary 2.Detergent

    Oral care 3.Liquid Soaps

    Soaps 4.Insect Killers

    Skin care

    Babasabpatilfreepptmba.com 13

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    14/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Shampoo

    STAPLES

    Cereals

    Rice

    Spices

    Masalas

    Flavors

    The contribution of Food Store to the total business is 30%.

    The Food mart employees are highly productive. They strive hard to give the customers the

    best of services. They boost the sales through their conduct. They are well groomed. .Food

    mart attracts masses as well as the classes. It is purely a self service store.

    The store layout is convenient and keeps good walk able spaces even in rush ( situations.The products are neatly displayed using shelves, fin wired shelves, crags etc. Signatures are

    used for providing information of the products.

    Vendors visit Food Mart for taking orders of the merchandise. The products that are

    required are identified by food Bazaar category team and based on this requirement

    Purchase Order is issued. The material is then issued by the Vendor in accordance to the

    purchase order.

    While in warding care needs to be taken to check that material in warded are in accordance

    to the purchase order. Quality check of the in warded material is also

    important at this point.

    Note . Food MART does not deal with the merchandise of eggs, milk and curd.

    Babasabpatilfreepptmba.com 14

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    15/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    2. APPARELS

    Apparels Section is divided into four categories: Mens, Ladies, Kids and Home linen.

    MENS LADIES

    Formals Western

    Casuals Sarees

    Ethnics Dress materials

    Accessories Accessories

    Nightwear Nightwear

    Denim & T-shirts Tops

    KIDS HOMELINEN

    Boys Bed Sheets

    Girls Bed covers

    Mix N Match Blankets

    Infants Pillows

    Accessories Pillow Covers

    Diapers Razai

    The total contribution of apparels is around 32% out of which ladies is around 6.5%, Kids

    is 4.5% , Home is 6% and Mens is 12%.

    Situated on the second floor, Apparels department has a wide variety of clothing in all its

    sections. The layout of the store is quite spacious and comfortable for shopping.

    Mannequins are placed at promotion areas. Water fall bins, 4 arm, 6 arm derads, shelves,step tables and gap tables are conveniently used to display the products. Signages are

    placed at proper places for customer convenience. Apparels are placed pattern wise and not

    practicing color or size blocking techniques which would be recommended.Large number

    of accessories are available in all sections which include diapers, caps, belts, scarf, wallets

    etc.

    Babasabpatilfreepptmba.com 15

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    16/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    3. GENERAL MERCHANDISE

    The main sections falling under General Merchandise are:

    1. Luggage,

    2. Foot wear,

    3. Toys and

    4. Sports.

    Toys section includes soft toys, dolls, cars, battery based and key based toys, board games,

    infant toys, puzzles, educational toys and many more. Remote control cars and teddy bears

    are the fast moving items in this section.

    Luggage section deals with variety of suitcases, bags, purses, briefcases, travel accessories,

    wallets etc. There are a wide range of products in this section. Branded and non branded

    both items have been kept for display.

    Footwear section is again divided into sections - Ladies, Mens, and Kids. Each section has

    variety of shoes both formal & sports, slippers, sandals, bathroom slippers etc. Accessories

    like shoe polish, socks, laces are all available in this section.

    General Merchandise contributes to around 12% of the total sales.

    4. ELECTRONICS MART

    Electronics is an ever evolving field and hence is a fast moving market. New products keep

    cropping in and so are the old products out dated. New technology and hence new features

    continue to flow in, forcing the past technology to mark down. Thus it is extremely

    necessary for the store keepers to keep their goods fast moving before they get out dated.

    This section in Vishal mega mart is sub divided into following sections:

    Cool and Clean -

    A/Cs, Refrigerators, Water purifiers.

    -Sight And Sound -

    Babasabpatilfreepptmba.com 16

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    17/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    TV, Home Theatre, Stereos.

    My Things

    Digital Cameras, Camcorders, MP3, MP4 players, Laptops.

    -Small Appliances -

    Fans, Irons, Mixers

    Services provided

    1. Home Delivery - Any purchases above Rs.5000 is be provided free home delivery

    service. If demanded products are not available in the showroom, then collects the said

    product from warehouse and delivers it within 2 days.

    2. After Sales Service - This service is provided by the manufacturers. Heavy products like

    washing machines, refrigerators, also known as white goods are repaired at customers

    residence.

    4. MOBILE STORE

    Mobile bazaar has following sub-sections -

    1. Hand Sets

    2. Connections

    3. Accessories

    4. Recharge

    Mobile mart has good collection of different variety of mobiles like Nokia, Fly, Sony

    Ericsson, Samsung, Motorola. They do not provide any after sales service. Customers have

    to contact the respective mobile company service centers for getting service. Mobiles are

    high end products and special care has to be taken for their security. Daily sales check list

    is prepared and stocks are verified at the store opening and closing times. Mobiles are kept

    in drawers which are locked and sealed at store closing times. The seal

    has to be duly signed by the concerned department Manager. Seal is checked before

    opening at the time of store opening.

    Babasabpatilfreepptmba.com 17

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    18/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Total contribution of Mobile mart to the total sales is around 6%.

    5. FURNITURE MART

    This section includes variety of furniture - sofas, centre tables, dining sets, show cases,

    study tables, computer tables, beds, beddings, side tables, TV units, utility shelves and

    accessories. There are a large number of products which are displayed but not all of them.

    There are catalogs to view all the available range of products. One year warranty is offered

    with all the furniture items.

    The team members in this section include a few fitters. Free Home delivery is offered

    similar to electronics bazaar. Fitters are sent at the time of home delivery for fitting the

    furniture items at customers residence.

    At the time of booking a furniture item, the stock list is checked to find out if the stock for

    that particular item is present in the ware house. If the item is out of stock, no order is taken

    and the customer is asked if he could wait for more days.

    At the time of booking, the customers have to settle full cash payment of the item they

    book. The Chelan form is then filled for the product details, customer address, booking

    date and delivery date. These details are mailed to category team who in turn sends the

    stock transfer number to the store. On the day of delivery, item is collected from the ware

    house and sent to the customer address accompanied by the fitter, if needed. Limitations:

    Most of the customers ask for the home delivery on holidays.

    INDUSTRY PROFILE

    Babasabpatilfreepptmba.com 18

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    19/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Retailing, in commerce, consists of buying goods or products in large quantities from

    manufacturers or importers, either directly or through a wholesaler, & then selling

    individual items or small quantities to the general public or end user customers, usually in a

    shop, also called stores. Retailers are at the end of supply chain that link manufacturers,

    wholesalers, other suppliers and the final consumers. Marketers see retailing as a part of

    their overall distribution strategy. Manufactured goods are worthless until they pass

    through acid test of retail distribution.

    Distribution Channel

    Manufacturer--WholesalerRetailerFinal--Consumers

    Over the years, the concept of retail has undergone a complete makeover owing to a

    number of factors like increased income, affordable prices of merchandises, lucrative

    financial packages, growing openness and organized retail.

    The goal of retail shop should, by large, be-

    1. To serve the community

    2. To provide employment opportunities

    3. To make reasonable profits

    Retailer is a person closest to the customer, that enables him to know the preferences of

    customers and feedback of the product or services that he offers. The success of retailer

    depends much on his ability to meet the real needs of consumers. The retail store has an

    obligation to its employees. They have to be motivated and contended. Profit is important

    consideration in the management and operation of the store. High taxes, keen competition

    and increased cost of sales all have an unfavorable effect on the retailers. Efficient stock

    control, wise merchandise investment, cut in unwanted expenses and general expense

    control, personalized services to consumers, adoption of modern principles of business

    management, liberal use of electronic computers and new communication tools, are some

    of the progressive measures by means of which retailers can ensure reasonable profit

    margin.

    Babasabpatilfreepptmba.com 19

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    20/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Retailing includes all the activities involved in selling product or services directly to final

    consumers for their personal, non-business use. Many institution- manufacturers,

    wholesalers and retailers- do retailing. But most retailing is done by retailers: businesses

    whose sales come primarily from retailing.

    Although most retailing is done in retail stores, in recent years non-store retailing

    has been growing much faster than has store retailing. Non-store retailing includes selling

    to final consumers through direct mail, catalogs, telephone, the internet, T.V home

    shopping shows, home and office parties, door to door contact, vending machines and other

    direct selling approaches.

    Big retail chains are founded with the objective of providing comprehensive range

    of product and services to consumers at low prices. Compared to other centers, hyper

    markets do offer around the year products and services at low price and they are also know,

    for this reason, as discount chain. In addition of the general trait of low price, hyper

    markets also observe discount polices, which, in turn, result in making them the most

    popular centres among consumers.

    Retailing includes all the activities involved in selling goods or services directly to final

    consumers for personal, non-business use. A retailer or retail store is any business

    enterprise whose sales volume comes primarily from retailing. Any organization selling to

    the final- whether it is manufacturer, wholesaler, or retailer- is doing retailing. It does not

    matter how the goods or services are sold (by person, mail, telephone, vending machine, or

    internet) or where they are sold (in the store, on the street, or in consumer's home).

    Retailing is a trading activity directly activity directly related to the sale of goods ofservices to the ultimate consumer for personal, non-business use. A retailer is the last

    middleman in the machinery of distribution and he is responsible to satisfy recurrent wants

    of consumers, Retail trade is selling of varied goods in small quantities to the final

    consumer. There are three distinguishing feature of retail trade. The retailer deals in small

    quantities and his business is usually local in character. Secondly retail trade always shows

    Babasabpatilfreepptmba.com 20

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    21/63

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    22/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    2. Growth of intertype competition, different types of stores-discount stores, catalogue

    showrooms, department stores-all compete for the same consumers by carrying the

    same type of merchandise.

    3. Growth of giant retailers. Through their superior information systems, logistical

    systems, and buying power, giant retailers are able to deliver good service and immense

    volumes of product at appealing prices to masses of consumers. They are crowding

    out smaller manufacturers who cannot deliver enough.

    4. Growing investment in technology Retailers are suing computers to produce better

    forecasts, control inventory costs, order electronically from suppliers, send e-mail

    between stores, and even sell to customers within stores. They are adopting checkout

    scanning system" electronic funds transfer; electronic data interchange" in store

    television, store traffic radar systems," and improved merchandise-handling systems.

    5. Global presence of major retailers. Retailers with unique format and strong brand

    positioning are increasingly appearing in other countries Us retailers such as Me

    Donald's has become globally prominent, Wal-Mart operates over 700 stores (outside

    USA)

    6. Selling an experience, not just goods Retailers are now adding him and community in

    order to compete with other stores and online retailers. There has been a rise in

    establishments that provide a place for people to congregate, such as coffee houses, teashops, juice bars, book-shops, etc.

    INDIAN SCENARIO

    Indian retail industry has the potential to grow to Rs 35,000 crore in three years.Defining a new consumer culture, retailing beats everything else hollow. Though still at a

    nascent stage, the rate at which retail outlets are mushrooming could give an amoeba a

    complex. From supermarkets and hypermarkets to department stores and convenience

    stores and one-stop shops, a retailing wave is currently on in the country. And from food to

    music and apparel to tea and coffee bars, companies of all hues are indulging in retail

    speak.

    Organized retailing has grown three-fold from Rs 5,000 crore in 2000 to Rs

    15,000 crore today, with a potential to expand to Rs 35,000 crore in 2005.

    Babasabpatilfreepptmba.com 22

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    23/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    The Indian consumer initially accepted everything that was offered to them but

    from the nineties the trend changed and the market became more consumers driven.

    Consumers became more specific about what they wanted and did not pick up anything and

    everything that was given to them. In shot they became very choosy and needed

    alternatives to choose from. These in turn made the Indian consumers more knowledgeable

    about the products and facilities and they have now become tough critics, savvy,

    purchasers, value driven spenders and practical thinkers when it comes to shopping. The

    demand for their time at work and home has made the consumers extremely selective about

    how they would spend their limited time on shopping.

    The rate of growth in India has gradually picked up in the last two decades. Growth

    prospects apart, India's very size acts as the fourth largest economy in the world. It is also

    the second most populous nation in the world. This clearly indicates that within the broad

    picture of a developing nation, there are segments to represent big enough to represent

    large markets for organized retail. Due to the increasing demand of consumers for variety

    and convenience under one single roof and the concept of shopping malls started taking

    shape in India. Though the concept of shopping malls came from the west, when it was

    introduced in India is was according to Indian taste and preferences.

    Shopper's stop was the first Shopping mall to start in India. It was promoted by

    Mr.K.Raheja , a prominent Mumbai-based builder, opened the first outlet in Andheri,Mumbai in 1991, initially it underwent a fair share of growing pains but slowly it caught on

    and has now been very well excepted by the masses.

    In India there are a number of large towns and the population in these towns is also very

    high. This acts as a very important factor to attract the large retailers in venturing into these

    towns. In the ascending traffic congestion levels, the net result is over crowded towns and

    parking hassles, One-stop shops have become the places of choice in such a scenario.

    The India Retail Industry is the largest among all the industries, accounting for over 10 per

    cent of the countrys GDP and around 8 per cent of the employment. The Retail Industry

    in India has come forth as one of the most dynamic and fast paced industries with several

    players entering the market. But all of them have not yet tasted success because of the

    heavy initial investments that are required to break even with other companies and compete

    Babasabpatilfreepptmba.com 23

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    24/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    with them. The India Retail Industry is gradually inching its way towards becoming the

    next boom industry.

    The total concept and idea of shopping has undergone an attention drawing change in terms

    of format and consumer buying behavior, ushering in a revolution in shopping in India.

    Modern retailing has entered into the Retail market in India as is observed in the form of

    bustling shopping centers, multi-storied malls and the huge complexes that offer shopping,

    entertainment and food all under one roof.

    A large young working population with median age of 24 years, nuclear families in urban

    areas, along with increasing workingwomen population and emerging opportunities in the

    services sector are going to be the key factors in the growth of the organized Retail sector

    in India. The growth pattern in organized retailing and in the consumption made by the

    Indian population will follow a rising graph helping the newer businessmen to enter the

    India Retail Industry.

    In India the vast middle class and its almost untapped retail industry are the key attractive

    forces for global retail giants wanting to enter into newer markets, which in turn will help

    the India Retail Industry to grow faster. Indian retail is expected to grow 25 per cent

    annually. Modern retail in India could be worth US$ 175-200 billion by 2016. The Food

    Retail Industry in India dominates the shopping basket. The Mobile phone Retail Industryin India is already a US$ 16.7 billion business, growing at over 20 per cent per year. The

    future of the India Retail Industry looks promising with the growing of the market, with the

    government policies becoming more favorable and the emerging technologies facilitating

    operations.

    THE INDIAN RETAIL SCENE

    Babasabpatilfreepptmba.com 24

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    25/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    India is the country having the most unorganized retail market. Traditionally it is a

    familys livelihood, with their shop in the front and house at the back, while they run

    the retail business. More than 99% retailers function in less than 500 square feet of

    shopping space. Global retail consultants KSA Technopak have estimated that organized

    retailing in India is expected to touch Rs 35,000 crore in the year 2005-06. The Indian

    retail sector is estimated at around Rs 900,000 crore, of which the organized sector

    accounts for a mere 2 per cent indicating a huge potential market opportunity that is lying

    in the waiting for the consumer-savvy organized retailer.

    Purchasing power of Indian urban consumer is growing and branded merchandise in

    categories like Apparels, Cosmetics, Shoes, Watches, Beverages, Food and even

    Jewellery, are slowly becoming lifestyle products that are widely accepted by the urban

    Indian consumer. Indian retailers need to advantage of this growth and aiming to grow,

    diversify and introduce new formats have to pay more attention to the brand building

    process. The emphasis here is on retail as a brand rather than retailers selling brands. The

    focus should be on branding the retail business itself. In their preparation to face fierce

    competitive pressure, Indian retailers must come to recognize the value of building their

    own stores as brands to reinforce their marketing positioning, to communicate quality as

    well as value for money. Sustainable competitive advantage will be dependent ontranslating core values combining products, image and reputation into a coherent retail

    brand strategy.

    There is no doubt that the Indian retail scene is booming. A number of large corporate

    houses Tatas, Rahejas, Piramalss, Goenkas have already made

    their foray into this arena, with beauty and health stores, supermarkets, self-service music

    stores, newage book stores, every-day-low-price stores, computers and peripherals stores,

    office equipment stores and home/building construction stores. Today the organized

    players have attacked every retail category. The Indian retail scene has witnessed too

    many players in too short a time, crowding several categories without looking at their

    core competencies, or having a well thought out branding strategy.

    Babasabpatilfreepptmba.com 25

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    26/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    STRATEGIES, TRENDS AND OPPORTUNITIES 2009

    Retailing in India is gradually inching its way toward becoming the next boom industry.

    The whole concept of shopping has altered in terms of format and consumer buying

    behavior, ushering in a revolution in shopping in India. Modern retail has entered India as

    seen in sprawling shopping centres, multi-storied malls and huge complexes offer

    shopping, entertainment and food all under one roof. The Indian retailing sector is at an

    inflexion point where the growth of organized retailing and growth in the consumption by

    the Indian population is going to take a higher growth trajectory. The Indian population is

    witnessing a significant change in its demographics. A large young working population

    with median age of 24 years, nuclear families in urban areas, along with increasingworkingwomen population and emerging opportunities in the services sector are going to

    be the key growth drivers of the organized retail sector in India.

    GROWTH OF RETAIL SECTOR IN INDIA

    Retail and real estate are the two booming sectors of India in the present times. And if

    industry experts are to be believed, the prospects of both the sectors are mutually

    dependent on each other. Retail, one of Indias largest industries, has presently

    emerged as one of the most dynamic and fast paced industries of our times with several

    players entering the market. Accounting for over 10 per cent of the countrys GDP and

    around eight per cent of the employment retailing in India is gradually inching its way

    toward becoming the next boom industry.

    RETAILING FORMAT IN INDIA

    Malls:

    The largest form of organized retailing today. Located mainly in metro cities, in proximity

    to urban outskirts. Ranges from 60,000 sq ft to 7,00,000 sq ft and above. They lend an ideal

    shopping experience with an amalgamation of product, service and entertainment, all under

    Babasabpatilfreepptmba.com 26

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    27/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    a common roof. Examples include Shoppers Stop, Piramyd, and Pantaloon.

    Specialty Stores:

    Chains such as the Bangalore based Kids Kemp, the Mumbai books retailer Crossword,

    RPG's Music World and the Times Group's music chain Planet M, are focusing on specific

    market segments and have established themselves strongly in their sectors.

    Discount Stores:

    As the name suggests, discount stores or factory outlets, offer discounts on the MRP

    through selling in bulk reaching economies of scale or excess stock left over at the season.

    The product category can range from a variety of perishable/ non-perishable goods

    The Indian retail market, which is the fifth largest retail destination globally, has been

    ranked the second most attractive emerging market for investment after Vietnam in the

    retail sector by AT Kearney's seventh annual Global Retail Development Index (GRDI), in

    2008. The share of retail trade in the country's gross domestic product (GDP) was between

    810 per cent in 2007. It is currently around 12 per cent, and is likely to reach 22 per cent

    by 2010.

    A McKinsey report 'The rise of Indian Consumer Market', estimates that the Indian

    consumer market is likely to grow four times by 2025. Commercial real estate servicescompany, CB Richard Ellis' findings state that India's retail market is currently valued at

    US$ 511 billion.

    Banks, capital goods, engineering, fast moving consumer goods (FMCG), software

    services, oil marketing, power, two-wheelers and telecom companies are leading the sales

    and profit growth of India Inc in the fourth quarter of 2008-09. India continues to be among

    the most attractive countries for global retailers. At US$ 511 billion in 2008, its retail

    market is larger than ever and drawing both global and local retailers. Foreign direct

    investment (FDI) inflows as on January 2009, in single-brand retail trading, stood at approx.

    US$ 25.18 million, according to the Department of Industrial Policy and Promotion (DIPP).

    India's overall retail sector is expected to rise to US$ 833 billion by 2013 and to US$ 1.3 trillion

    by 2018, at a compound annual growth rate (CAGR) of 10 per cent. As a democratic country with

    high growth rates, consumer spending has risen sharply as the youth population (more than 33

    Babasabpatilfreepptmba.com 27

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    28/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    percent of the country is below the age of 15) has seen a significant increase in its disposable

    income. Consumer spending rose an impressive 75 per cent in the past four years alone. Also,

    organised retail, which accounts for almost 5 per cent of the market, is expected to grow at a

    CAGR of 40 per cent from US$ 20 billion in 2007 to US$ 107 billion by 2013.

    India has emerged the third most attractive market destination for apparel retailers, according to a

    new study by global management consulting firm AT Kearney. It further says that in India,

    apparel is the second largest retail category, representing 10 per cent of the US$ 37 billion retail

    market. It is expected to grow 12-15 per cent per year. Apparel, along with food and grocery, will

    lead the organised retailing in India. India has one of the largest numbers of retail outlets in the

    world. A report by Images Retail estimates the number of operational malls to grow more than

    two-fold, to cross 412, with 205 million square feet by 2010, and a further 715 malls to be added

    by 2015, with major retail developments even in tier-II and tier-III cities in India.

    Marks & Spencer Reliance India is planning to open 35 more stores over the next five years,

    according to Mark Ashman, CEO of the company. The 51:49 joint venture between UKs Marks

    and Spencer and Reliance Retail Ltd already has 15 stores in India.

    Future Group has been restructured to test the new rules on FDI under Press Notes 2, 3 and 4

    issued in February 2009. The company plans to bring in up to US$ 148.7 million in foreign

    investment. Although FDI is permitted only in single-brand retail and not permitted in multi-

    brand retail businesses like Future Group's, the conglomerate has created two layers of operations

    to take advantage of the three Press Notes that allow FDI up to 49 per cent in operating-cum-

    investment companies as long as they are owned and controlled by Indians.

    Carrefour SA, Europes largest retailer, may start wholesale operations in India by 2010 and plans

    to set up its first cash-and-carry outlet in the National Capital Region. Currently, Carrefour

    exports goods worth US$ 170 million from India to Europe, UAE, Indonesia, Europe, Thailand,

    Singapore and Malaysia.

    Jewellery manufacturer and retailer, Gitanjali Group and MMTC are jointly setting up a chain of

    exclusive retail outlets called ShuddiSampurna Vishwas. The joint venture, which plans to open

    around 60 stores across India by end of this year, will retail hallmarked gold and diamond

    jewellery.

    Mahindra Retail, a part of the US$ 6.7-billion Mahindra Group, plans to invest US$ 19.8 million

    by 2010 to step up its specialty retail concept 'Mom and Me'.

    RETAILING PRINCIPLES

    1. To define the core customer and merchandise for the store, its price points, its

    Babasabpatilfreepptmba.com 28

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    29/63

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    30/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    The behaviour of the consumer at the market place is depending on what he thinks as a

    reality or on his perception and knowledge about the world around him. This perception

    may be based on sensations from the outside world which in turn may be influenced by

    past experience or learning, expectations, fantasies beliefs, values, personality etc. Thus for

    having a letter understanding of buying behavior of individual marketers must examine the

    importance of perception and its integration with the related concepts. This information

    will help him to device marketing strategies and programmers, such as to help consumers

    to perceive their (firms) products or services positively.

    Scope of the study:

    The data was collected from the respondents across all the ages, income groups, occupation

    and gender.

    The total sample size for the study is 100.

    The study involves ascertaining the customer perception towards various areas such as

    price, products, services, promotional activity, billing system etc.

    So the study tried to get the responses from almost all kinds of respondents. The study

    covered the respondents who visited the store for shopping.

    The study also covered the areas which are important for the marts in improving their

    performance. So the study of the

    Customer perception is extensive and covers respondents across all categories

    Limitations of the studyEvery research is carried under some boundaries and this research is not an exception.

    The limitations of this research are:

    The opinion of the respondents may not represent the whole population.

    Due to the limitations of time, a larger respondent base could not be covered and was

    limited to a sample size of 100 respondents.

    There might have been tendencies among the respondents to filter their responses under the

    given conditions.

    The customers opinion might have been biased and may not represent the whole

    population of the city.

    Most customers were busy and with their work.

    Babasabpatilfreepptmba.com 30

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    31/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Analysis of data obtained from the questionnaire was done on the assumption that honest

    and correct information had been given by the respondents

    Research methodology

    Meaning:

    A research design is a method and procedure for acquiring information needed to solve the

    problem. A research design is a basic plan that helps in data collection or analysis. It

    specifies the type of information to be collected, the source and collection procedure. A

    good research decision will ensure that the data collected is relevant to the objectives to be

    achieved.

    Sampling Procedure

    In the study of this kind primary data plays a vital role. Regardless of the method used to

    obtain the primary data (experimentation, observation and survey), the researcher has to

    decide whether the data to be obtained from every unit of the population under study or

    only a representative portion of the population will be used. The first approach, which is

    collecting data about each and every unit of the population, is called census method. The

    second approach, where only a few units of population under study are considered for

    analysis is called sampling method.

    Data type:Secondary data:

    The first step in data collection approach is to look for secondary data. Secondary data is

    generally developed and published for some purpose other than for helping to solve the

    problem at hand.

    In this study secondary data is used for the exploratory research and secondary data

    includes data collected from existing records and personal observation

    The secondary sources used to collect the data are:

    Organisation Records,

    Babasabpatilfreepptmba.com 31

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    32/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Reference Books,

    Articles in Newspapers ,

    Magazines and Journals ,Related Web sites

    Primary data:

    The primary data is collected for the purpose of solving the problem at hand. In this study

    primary data is collected for the descriptive research for the accurate description of the

    variables of the problem. The data is a first hand data collected directly from the

    respondents.

    Method of Sampling1. Population : Respondents from Hubli city.

    2. sample size: The total sample size for the study was 100 respondents.

    3. sample element: Vishal mega mart customers

    4. Sampling unit: Businessmens, professionals, students, employee

    5. sampling extent: Hubli city .

    Babasabpatilfreepptmba.com 32

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    33/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    CHAPTER ------ 2

    Data analysis and Interpretation

    Are you aware of vishal mega mart

    Frequency Percent Valid Percent Cumulative Percent

    Valid Yes 100 100.0 100.0 100.0

    Analysis: From the survey we come to know that 100% of the respondents are know

    the vishal mega mart.

    Interpretation: The study shows that vishal mart known by all 100respondents where

    we have done the survey in hubli.

    Babasabpatilfreepptmba.com 33

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    34/63

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    35/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Which mart do you prefer

    Frequency Percent ValidPercent

    CumulativePercent

    Valid big bazar 21 21.0 21.0 21.0vishal megamart

    67 67.0 67.0 88.0

    shopers shop 5 5.0 5.0 93.0

    others 7 7.0 7.0 100.0

    Total 100 100.0 100.0

    Analysis: Out of 100% respondents 67% of people prefer vishal mega mart. 21% people

    prefer big bazaar.5%people prefer shopers shop & 7% of people preferring others

    Interpretation:From the study most of the people prefer vishal mega mart. Because vishal

    sevise is good so highest respondents are preferring vishal mega mart.

    Babasabpatilfreepptmba.com 35

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    36/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Which factors influenced you to purchase products in vishal mega mart?

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    quality 28 28.0 28.0 28.0

    service 16 16.0 16.0 44.0

    packaging 14 14.0 14.0 58.0

    reasonable price 42 42.0 42.0 100.0

    Total 100 100.0 100.0

    Analysis:Out of 100% respondents 42% respondents are influenced by reasonable

    price.28% respondents are influence by quality.16% respondents are influenced by

    quality.14% of respondents are influenced by packing.

    Interpretation:From the study we come to know that reasonable price is influenced

    factor.By seeing the respondents 28% are influenced by quality&thers are influenced by

    service & packing.From this survey we come to know vishal mart has to improve there

    packaging facility.

    Babasabpatilfreepptmba.com 36

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    37/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Are you satisfied with price of products available in vishal mega mart

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    Highly dissatisfied 1 1.0 1.0 1.0

    dis satisfied 5 5.0 5.0 6.0

    moderate 22 22.0 22.0 28.0

    satisfied 62 62.0 62.0 90.0

    Highly satisfied 10 10.0 10.0 100.0

    Total 100 100.0 100.0

    Analysis: Out of 100 respondents 62% of people are satisfied by the price of products

    available in vishal mega mart.

    Interpretation: From the survey we come to know that maximum numbers of the people are

    satisfied with the price of products available in vishal mega mart.

    Babasabpatilfreepptmba.com 37

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    38/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    What do you feel about prices of products in vishal mega mart?

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    Cheap 12 12.0 12.0 12.0

    Costly 21 21.0 21.0 33.0

    very costly 8 8.0 8.0 41.0

    reasonable 59 59.0 59.0 100.0

    Total 100 100.0 100.0

    Analysis:From the this chart i come to know that out of 100% respondents 59%

    respondents are good feel about prices of Vishal mart.

    Interpretation:survey showed that 59% of the people are feel good about the reasonable

    price of vishal mega mart.20% of the people are feel about costly

    Babasabpatilfreepptmba.com 38

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    39/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    To what extent are you satisfied with the quality of products in vishal megamart?

    Frequency Percent ValidPercent

    CumulativePercent

    Valid -10 1 1.0 1.0 1.0-20 1 1.0 1.0 2.010 14 14.0 14.0 16.020 13 13.0 13.0 29.030 35 35.0 35.0 64.0

    40 31 31.0 31.0 95.050 5 5.0 5.0 100.0

    Total 100 100.0 100.0

    Analysis: Through this survey we come to know that out 100% respondents 30% of the

    respondents are satisfied with the quality of products in vishal mega mart.1% of the

    respondents are dissatisfied.

    Babasabpatilfreepptmba.com 39

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    40/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Interpretation: This chart shows most of the customers respondents satisfied with the

    quality of products In vishal mega mart.

    What do you feel about service of vishal mega mart?

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    Best 10 10.0 10.0 10.0

    excellent 20 20.0 20.0 30.0

    Better 65 65.0 65.0 95.0

    Worst 5 5.0 5.0 100.0

    Total 100 100.0 100.0

    Analysis:Survey showed that out of 100% respondents 65%respondents felt that better

    service of vishal mega mart.20% respondents felt excellent.10 of respondents are felt

    best.5% of respondents felt worst.

    Babasabpatilfreepptmba.com 40

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    41/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Interpretation: Trough the survey we came to know that servise of the vishal mega mart is

    better than other marts.

    What do say about the whole performance of vishal mega mart

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    Best 21 21.0 21.0 21.0

    excellent 46 46.0 46.0 67.0

    Better 31 31.0 31.0 98.0

    Worst 2 2.0 2.0 100.0

    Total 100 100.0 100.0

    Analysis:survey showes that 46% of the respondents are said that vishal mart whole

    performance is excellent.31%respondents are said better.21% respondents said best. 2 of

    the respondents said worst performance of the vishal mega mart.

    Babasabpatilfreepptmba.com 41

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    42/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Interpretation:Througt the survey we come know that hightest respondents are said that

    vishal mart performance is excellent.

    Do you agree that promotional activities are carried by vishal mega martare effective?

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    agree 87 87.0 87.0 87.0

    disagree 13 13.0 13.0 100.0

    Total 100 100.0 100.0

    Analysis:survey showed that out of 100 respondents 87 respondents are agree with the

    promotional activity conducted by vishal mega mart.13 respondents are disagree with the

    promoyional activity.

    Babasabpatilfreepptmba.com 42

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    43/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Interpretation:through this survey we come to that hightest respondents are agree with the

    promotional activity.

    Comparing to other marts vishal mega mart service is

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    Best 20 20.0 20.0 20.0

    Average 77 77.0 77.0 97.0

    Worst 3 3.0 3.0 100.0

    Total 100 100.0 100.0

    Analysis:survey shows that out of 100 respondents 77 respondents are agree with the vishal

    mart servise is average comparing to other marts.some of 20 respondents are agree with the

    vishal mart servise is best.only 3 respondents are agree with vishal mart servise is worst.

    Babasabpatilfreepptmba.com 43

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    44/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Interpretation: Through this survey most of the 77 respondents are said vishal mart servise

    is average comparing to other mart.

    Have you found out any problem while buying products in vishal megamart?

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    yes 21 21.0 21.0 21.0

    no 79 79.0 79.0 100.0

    Total 100 100.0 100.0

    Analysis:survey shows that out of 100 respondents 79 respondents are not got problemwhile buying the products in vishak mega mart.21 respondents are found any problems in

    buying products in vishal mega mart.

    Interpretation:Though this survey most of 79 peoples are fonud problems.other

    21respondents are not get any problems.

    Babasabpatilfreepptmba.com 44

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    45/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Acording to you which promotional activity carried out by vishal mega martare good?

    Frequency Percent Valid Percent Cumulative Percent

    Valid

    Banner 28 28.0 28.0 28.0

    Pamplets 15 15.0 15.0 43.0

    Advertisement 47 47.0 47.0 90.0

    TV ads 10 10.0 10.0 100.0

    Total 100 100.0 100.0

    Analysis:From the survey out of 100 respondents 47 respondents are says advertisement

    promotional activity is good conducted by vishal mega mart.28 respondents are said banner

    is good promotional activity.pamplate is 15%. 10% is tv adds.

    Babasabpatilfreepptmba.com 45

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    46/63

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    47/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Are you satisfied with the present service of vishal mega mart

    FrequencyPercent Valid Percent

    Cumulative Percent

    Valid

    Yes 88 88.0 88.0 88.0

    No 12 12.0 12.0 100.0

    Total 100 100.0 100.0

    Analysis:Survey shows that out of 100 respondents 88 respondents are satisfied with the

    present sevise of vishal mega mart 12 of the respondents are not satisfied with the servise

    of the vishal mega mart.

    Interpretation: Through this survey some of majority respondents are satisfied with the

    present servise with vishal meag mart.But 12 respondents are not satisfied with servise of

    vishal mega mart

    Babasabpatilfreepptmba.com 47

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    48/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Analysis:All 100 respondents are aware of vishal mega mart.34 respondents are aware

    through friends & relatives 20 respondents are aware through tv adds 30 of the respondents

    aware through papers and magazines and 16 of the respondents aware through pamphlets

    Analysis : out of 12 respondents who said price of the product is cheap and 12 of them

    said that whole performance of the vishal mega mart s best.out of 21 respondent said that

    price of the product of vishal mart is costly.12 of them said whole performance of vishal

    mega mart is best. 8 of them price of the product n vshal mega is very costly.31

    respondents said that whole performance s better.59 respondents sad price of vishal mega

    mart is reasonable

    Hypothesis Testing:

    Babasabpatilfreepptmba.com 48

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    49/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Hypothesis means assumption Statistical hypothesis means assertion or conjecture

    about parameter or parameters of a population. Statistical hypothesis are based on the

    concept of proof by contradiction. Here we selected null hypothesis I .e

    Hypothesis is tested with the help of questionnaire the Ho states that more than or equal to

    70% of people say performance of vishal mega mart is better.

    . As per data collected 65out of 100respondents said performance of vishal mega

    mart is better.

    Null Hypothesis=Ho: More than or equal to 70% of people said performance of vishal

    mega mart is better

    Alternative hypothesis-H1= Less than 70% of people said performance of vishal mega mart

    is better

    Using Z TEST we can prove this

    P = 0.70

    n = sample size = 100

    a (alpha) = 5% level of confidence

    P= Population proportion

    Po= Sample proportion

    S=Standard error

    Z = 1.64 (referring table)

    S = P(1-P)

    n-1

    = 0.70 (1-0.70)

    100-1

    S = 0.04605

    Babasabpatilfreepptmba.com 49

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    50/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Po = 65/100

    =0.65

    Z = Po P

    S

    = 0.65 0.70 = -10.8695

    0.0046

    Babasabpatilfreepptmba.com 50

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    51/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    CONCLUSION:

    Reject Ho because it falls under confidence level i.e. Negative critical region. It states that

    less than 70% people say performance of vishal mega mart is better

    To know the effectiveness of the promotional activities done by vishal mega mart

    Hypothesis is tested with the help of questionnaire the Ho states that less than people areagree with the promotional acticvity.

    Ho

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    52/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    = 0.0009

    = 0.03

    Z Cal = p = -PH0

    Standard Error

    Z Cal = 0.87-0.90

    0.03

    = - 0.03

    0.03

    = -1

    -1 > -164

    Zcal > Z Tab value

    Conclusion: Accept Ho more than 90% of the respondents are agree with

    the promotional activity

    3] Factors considering while purchasing retail productsH0= less than 55% of resopondents says price of the products available in vishal mega

    is reasonable

    H0=< 55%

    H1= 55% of the respondents says price of the products available in vishal mega isreasonable

    Testing hypothesis is at 5% Level of significant

    N= 100

    PH0=55%

    Babasabpatilfreepptmba.com 52

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    53/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    QH0=45%

    P= 42% = 0.42

    Standard Error = PH0*QH0

    N

    = 0.55*0.45

    100

    0.002475

    =

    = 0.049

    Z cal = P - PHO

    Std error

    = 0.42 0.55

    0.049

    -0.13

    = 0.049

    - 2.65

    Babasabpatilfreepptmba.com 53

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    54/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Reject Ho because it falls under confidence level i.e. Negative critical region. It states

    that less than 55 % respondents says price of the products available in vishal mega is

    reasonable

    Babasabpatilfreepptmba.com 54

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    55/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    FINDINGS

    1. The awareness level about Vishal mega mart is very high in Hubli city.

    2. 34% respondents came to know about Vishal mega mart through friends & relatives

    0nly 16% respondents came to know through pamphlets

    3. 67% of the respondents are preferring vishal mega mart and 5% respondents are

    preferring shoppers shop.

    4. 42% of the respondents are influenced by the factor of reasonable price to purchase

    the products in vishal mega mart and 14% of the respondents are influenced by the

    factor of packaging.

    5. 62% of the respondents are said that they are satisfied with the price of products

    available in vishal mart , 1% of the respondents are highly dissatisfied with the

    price of products available in vishal mega mart.

    6. 59% of the respondents are felt that vishal mega mart price of the products arereasonable. But 8 respondents are felt very costly prices of products available in

    vishal mega mart

    7. 65% of the respondents are felt that vishal mega mart servise is better.5% of the

    respondents are felt that vishal mega mart servise is worst.

    8. 46% of the respondents are said vishal marts whole performance is excellent, 2% of

    the respondents are said worst.

    9. 87% respondents are agree with the promotional activity conducted by vishal mega

    mart.13% of the respondents are disagree with the promotional activity.

    Babasabpatilfreepptmba.com 55

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    56/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    10. 77% of the respondents are agree with the vishal mart servise is average comparing

    to other marts.3% of the respondents are said vishal mega mart servise is worst.

    11. 79% of the respondents are not found any problem while buying products vishal

    mega mart.21% of the respondents are found problems.

    12. 47% of the respondents are said that advertisement is good conducted by vishal

    mega mart.10% of the respondents are said Tv add.

    13. 88% of the respondents are satisfied with the present servise of vishal mega

    mart.12% of the respondents are said not satisfied.

    Babasabpatilfreepptmba.com 56

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    57/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    SUGGESTIONS

    1. study shows that at present they have more number of satisfied customers, and

    hence the Vishal mage mart has to concentrate on who have not satisfied with

    present service given by the vishal mega mart

    2. Some respondents found difficulty to find the products which they require

    immediately, it took a lot of time for them to search for the products which they

    required. So arranging up of the products is necessary.

    3. Vishal mega mart can improve its advertisement strategy. By the survey reports itcomes to know that where less people are happy with the advertisement given by

    vishal mega mart. By attractive advertising it can attract competation market and

    also can attract customers from compitators

    Babasabpatilfreepptmba.com 57

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    58/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    Conclusion

    From the study, it may conclude that, the perception towards Vishal mega mart is good in

    Hubli city and almost all people are aware of its presence in the city. Most of the customers

    came to know about Vishal mart through their friends, so the satisfaction level amongcustomer is high. Few customers felt that the products sold in vishal megamart are costlier.

    So Vishal mega mart has to sell the products at reasonable rate. During the study it is also

    noticed that few customers are not happy with Present service . Vishal mega mart has to

    look over all variety of products at their marts, so the customers are happy with the

    availability of different products. So we can conclude that the overall perception towards

    vishal mega mart is positive and customers are satisfied with the way of management of

    vishal mega mart

    Babasabpatilfreepptmba.com 58

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    59/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    BIBLIOGRAPHY

    BOOKS:

    Consumer Behaviour --- Leon G. Schiffman

    Leslie Lazar Kanuk

    Magazines:

    Business Week

    Business World

    Economic Times

    Websites:

    www.google.com.

    Babasabpatilfreepptmba.com 59

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    60/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    ANNEXURE

    Questionnaires

    Dear Sir/Madam,

    Personal Profile:

    a) Name: _____________________________________________________

    b) Age : 15 to 25 26 to 35 36 to 45 46 to 55 56 Above

    c) Occupation: Business man Employees student

    d) Gender: Male Female

    e) Address:_____________________________________________________

    f) Phone No:___________________________________________________

    g) Income: Nil Below 10,000 10,001 to 20,000

    20,001 to 30,00030,001 to 40,00040,001 and above

    1) Are you aware of Vishal Mega Mart ?

    Yes No

    2) How did you come to know about Vishal Mega Mart?

    A] Friends and Relatives B] Tv advertisement

    C] Papers and Magzines D] Pampltes

    3) Which mart do you prefer?

    Babasabpatilfreepptmba.com 60

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    61/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    A] Big Bazar B] Vishal Mega Mart

    C] Shopers shop D] Others

    4) Which factors influenced you to purchase products in Vishal Mega Mart?

    A] Quality B] Service

    C] Packaging D] Reasonable Price

    5) Are you satisfied with price of products available in Vishal Mega Mart?

    Highly Dissatisfied Moderate Satisfied Highly satisfied

    Dissatisfied

    6) What do you feel about prices of products in Vishal Mega Mart ?

    A] Cheap B] Costly

    C] Very Costly D] Reasonable

    7) To what extent Are you satisfied with the quality of products in Vishal Mega Mart ?

    -50 -40 -30 -20 -10 0 10 20 30 40 50

    8) What do you feel about service of Vishal Mega Mart ?

    Babasabpatilfreepptmba.com 61

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    62/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    A] Best B] Excellent

    C] Better D] Worst

    9) What do you say about whole performance of the Vishal Mega Mart?

    A] Best B] Excellent

    C] Better D] Worst

    10) Do you agree that promotional activities are carried by Vishal Mega mart are

    effective?

    A] Agree B] Disagree

    11) Comparing to other marts, Vishal Mega Mart service is ?

    A] Best B] Average C] Worst

    12) Have you found out any problem while buying products in Vishal Mega Mart ?

    A] Yes B] No

    13) According to you which promotional activities carried out by Vishal Megha Mart are

    good?

    A] Banner B] Pamphlets

    C] Advertisement D] TV Add

    Babasabpatilfreepptmba.com 62

  • 7/31/2019 A PROJECT REPORT on to Know the Awareness of the Customers Towards Vishal Mega Mart

    63/63

    TO KNOW THE AWARENESS OF THE CUSTOMERS TOWARDS VISHAL

    MEGA MART.

    14) Are you satisfied with the present service of Vishal Mega Mart ?

    A] Yes B] No

    15) Presently what you are expecting from Vishal Mega Mart ?

    _____________________________________________________

    16) Lastly give any suggestions regarding an improvement of service of Vishal Mega Mart


Recommended