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ON
PANTALOONS
BY
MEHTA PARTH MILAN
TYBBA (2013 2014)
IN PARTIAL FULFILLMENT OF
Bachelor of Business Administration
UNIVERSITY OF PUNE
MITSOM College
PUNE: 411038
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CERTIFICATE
This is to certify that Mr. MEHTA PARTH MILAN of MAEERs MITSOM College has
successfully completed the project work titled MARKET RESEARCH ON PANTALOONS in
partial fulfillment of requirement for the award of Bachelor of Business Administration prescribed
by the University of Pune
This project is the record of authentic work carried out during the academic year
2013 2014.
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Dr. R. M Chitnis
Principal
DECLARATION
I, Mr. MEHTA PARTH MILAN hereby declare that this project is the record of authentic work
carried out by me during the academic year 2013 2014 and has not been submitted to any other
University or Institute towards the award of any degree.
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ACKNOWLEDGEMENT
For the development of this research work, I feel deep sense of gratitude to each and every
person who has directly or indirectly supported me for the same. In particularly, I would like to
thank Professor Mrs. Dhanashree Deshmukh Ghate for guiding me throughout the completion of
this research report. Without the co-operation and unremitting efforts in providing me resourceful
guidance and tremendous patience this project would not have reached completion.
I must also mention that I am grateful to all my teachers and friends who have helped me in
fulfilling my research questionnaires.
Lastly, I would like to thank to all respondents for their helpful criticism and useful
suggestions.
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ABSTRACT
Pantaloons, the newly acquired business by The Aditya Birla Group, one of Indias leading
multinational conglomerates, are a powerhouse of fresh fashion and innovation. While weaving its
magic across lifestyle segments, Pantaloons caters to the discerning and trendy Indian consumer.
Pantaloons apparels spell comfort and elegance, combined with a 'freshness' that is unparalleled. The
styles cover a gamut of ready-to-wear western and Indian apparel for men, women and kids in
addition to accessories and exotic fragrances. With a strong national presence in 72 exclusive stores,
Pantaloons houses over a 100 prestigious brands that have something fresh for everyone.
Retailing in India is growing at the rate of about 20-22 per cent per annum. As part of its strategy to
gradually open it up to foreign competition, the government has increased the foreign direct
investment in the retail sector. At the same time, the urban consumer is becoming
more discerning and demanding as far as the lifestyle is concerned. Urban Indian household income
and purchasing power are also on the rise. Under such circumstances, the success of organized
retailing in India mainly depends on delivery of services through quality improvements. In service
organizations, customer-perceived service quality is considered as one of the key determinants of
business performance. So far, in the Indian context, there is a dearth of tested instruments which
can measure customer-perceived service quality of a retail store. At the same time, instruments
developed in other countries have not been tested for their applicability in the Indian retail industry.
Through the Questionnaire method of Collecting Data , the information that is collected suggests that
people are more concerned about the Quality , Variety, Service and Price of the Products. And
Pantaloons has proved to have done quite well in terms of Variety and Services.
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INDEX
SR. NO
CONTENTS
PAGE NO.
1.
Research methodology
2.
Research process
3.
Types of research
10-11
4.
11
5.
Sampling
12
6.
Research problem
13
7.
Research design
13-14
8.
Hypothesis
14
9.
Data collection
15
10.
Objectives of my Report
16
11.
Project design
16
12.
17-26
13.
27
14.
Conclusion
28
15.
Recommendations / Suggestions
29
16.
Appendices
29-30
17.
Bibliography
31
LIST OF CHARTS WITH PAGE NUMBER
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SR.NO.
FIGURES
PAGE NO.
1.
17
2.
18
3.
19
4.
20
5.
21
6.
22
7.
23
8.
24
9.
25
10.
26
INTRODUCTION
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Research Methodology
Research is a purposive investigation. A research is carried out by different methodology, which
has its own pros and cons. Marketing research is a systematic gathering, recording analysis of data
collected by variety techniques of assess the response to various parameters related to given
project and accordingly prepare a report based on which the company can have a view to market
and the problem area and opportunities. They help the company to formulate various alternatives
for the solutions and take correct decisions.
Research has its special specifications in solving various operational and planning problems of
business and industry. The main purpose of this research is to meet the requirements of customers
perception, preference and need to provide valuable information about apple products quality and
services among the customers.
Meaning of Research:
Research comprises defining and redefining problems, formulating hypothesis or suggested
solutions, collecting, organizing and evaluating data: making deductions and reaching conclusions
and at last carefully testing the conclusions to determine whether they fit the formulating
hypothesis
Research is systematic, controlled, empirical and critical investigation of hypothetical
propositions about the presumed relations among natural phenomena
RESEARCH PROCESS
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The Research Process consists of series of actions or steps necessary to effectively carry out
research. Research process comprises of no. of closely related activities. Which are overlapping
and which follow a strictly prescribed sequence. Research comprises of series of logical steps
taken by researcher for smooth functioning of the research.
Types of Research:
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8. Field setting and Laboratory Research: A research can be field setting research or
laboratory research or stimulation research, depending upon the environment in which it is
to be carried out.
9. Qualitative Approach: It is concerned with subjective assessment of attitudes, opinions and
behavior. In such situations, research is a function of researchers insights and impressions.
The results generated in this type of approach are either in non-quantitative form or in the
form which is not subjected to rigorous quantitative analysis.
10. Quantitative Approach: It involves generation of data in quantitative form which can be
subjected to rigorous quantitative analysis in a formal and rigid fashion.
Scope & Importance of Research:
1
The role of research in several fields of applied economics whether related to business or to
2
3
economy as a whole.
Research provides the basis for nearly all government policies in our economis systems.
Research has its special significance in solving various operational and planning problems of
Sampling
In statistics and survey methodology, sampling is concerned with the selection of a subset of
individuals from within a statistical population to estimate characteristics of the whole population.
The three main advantages of sampling are that the cost is lower, data collection is faster, and since
the data set is smaller it is possible to ensure homogeneity and to improve the accuracy and quality
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of the data
The well specified or identified group is known as population or universe and the selected number
of objects, events or persons are known as a sample. It may be finite or infinite in nature.
Therefore, sampling may be defined as a process of selecting specific elements from the
population for conducting further research. Sampling is broadly divided into two types:
Probability sampling and Non-Probability Sampling.
Probability Sampling: Probability sampling methods are those that clearly specify the
probability or the liklihood of inclusion of each element or individual in the sample. Under
this type of sampling, the sample size is known and each element or unit of the universe
has an equal chance of getting selected as a sample.
Research Problem:
A research problem refers to some difficulty which a researcher experiences in the context of
either a theoretical situation and wants to obtain a solution for the same. A research problem is the
first step and the most important requirement in the research process. It serves as the foundation of
a research study. An important point to keep in mind when defining or formulating a research
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problem is that it should be specific rather than general. When a problem or question is specific and
focused, it becomes amore answerable research question than if it remained general and unfocused.
A research problem is expressed as a general question about the relationship between two or more
variables.
Characteristics of Research Problem:
A problem statement should be written clearly and usually in a question form
A problem statement expresses the relationship between two or more than two variables.
A problem statement should be testable by empirical methods.
A problem statement should avoid moral or ethical judgments.
The problem should be of sufficient importance.
Problem can be general or specific. But it should not be too general or too specific.
Research Design
Research designs are concerned with turning the research question into a testing project. The best
design depends on your research questions. Every design has its positive and negative sides. The
research design has been considered as a "blueprint" for research, dealing with at least four
problems: what questions to study, what data are relevant, what data to collect, and how to analyze
the results.
Research design can be divided into fixed and flexible research designs (Robson, 1993). Others
have referred to this distinction with quantitative research designs and qualitative research
designs. However, fixed designs need not be quantitative, and flexible design need not be
qualitative. In fixed designs the design of the study is fixed before the main stage of data collection
takes place. Fixed designs are normally theory-driven; otherwise its impossible to know in
advance which variables need to be controlled and measured. Often these variables are
quantitative. Flexible designs allow for more freedom during the data collection. One reason for
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using a flexible research design can be that the variable of interest is not quantitatively measurable,
such as culture. In other cases, theory might not be available before one starts the research.
Hypothesis
Meaning of Hypothesis:
The word hypothesis is a compound of two words hypo and thesis. Literally, hypo means
under or below and thesis means a reasoned theory or rational viewpoint. Accordingly,
hypothesis would mean a theory which is not fully reasoned. In other words, hypothesis is a theory
entertained in order to study the facts and examine the validity of the theory. Hypothesis stands
somewhat at the midpoint of research. When a researcher observes known facts and takes up a
problem for analysis, he first has to start somewhere and this point of start is hypothesis. The
dictionary meaning of hypothesis indicates that, hypo = less than, thesis = original contribution
to stock of knowledge.
2. Secondary data
Primary data
It can be collected through experiment or through survey. In the case of surveys,
however, the researcher can adopt one or more of the following ways to collect data.
By observation
Through telephonic interview
By mailing of questionnaires
Through schedules
Secondary data
The secondary data are collected from sources which have already been created
for the purpose of first time use and future use.
It can be obtained from internal sources and external sources. The internal
sources of secondary data for marketing applications are sales record, marketing activity, cost
information, distributor reports, feedback and customer feedback. The different external sources of
secondary data are government publications, foreign government publications, journals,
publications of trade associations, books, magazines, newspapers, annual reports, research reports
in universities etc.
Data collected needs to be analyzed and the various analytical techniques should
be decided beforehand and data should be collected keeping in mind these techniques.
OBJECTIVES OF MY PROJECT
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PROJECT DESIGN
Questionnaire Method of Data Collection was used and the Questionnaires were distributed
1.
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No
3%
98%
Interpretation:Almost all (97%) are Aware about Pantaloons. As per the Data collected only 3% of people
were not aware about Pantaloons. This suggests that Pantaloons has advertised properly.
2.
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Monthly
Festive Season
Offers
5%
25%
25%
45%
Interpretation:Most of the People Shop during the Festive Season (45%), then people shop on Monthly and
during Offers (25% each) and least people shop only Weekends (5%).
3.
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No
5%
95%
Interpretation:Almost All (95%) of the people have had shopped at Pantaloons once.
Only 5% of the people didnt shop at Pantaloons even Once.
4.
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Watches
16%
Jewellery
Accessories
Cosmetics
2%
2%
24%
57%
Interpretation:A Majority of people buy Clothes from Pantaloons, Followed by Watches which are bought
by 23% of the people. Also 16% of the people buy Accessories from Pantaloons. Only a
handful of People Buy Jewellery and Cosmetics from Pantaloons
5.
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Collection at Pantaloons
SatisFactory
Unsatisfactory
25%
75%
Interpretation:Majority of People (75%) are Satisfied the Collection that is Offered by Pantaloons.
But the Remaining 25% of the people are Unsatisfied with it. Pantaloons should make sure
that the Collection is Up-to Date.
6.
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Good
Needs Change
23%
38%
38%
Interpretation:Here we have got mixed views from People. 23% of People say that the Exchange and
Refund Policies are Fair another 39% of people say they are Good. But 38% of the Total
People think that the Policies need to be changed. This means Pantaloons has to Look into
the policies and see what is going wrong with the policies.
7.
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Non-Cooperative
23%
78%
Interpretation:77% of the People Find the Pantaloons Staff Cooperative which is good. But the 23% of the
people still find them Non-Cooperative and hence Pantaloons must try and Keep Watch on
the Staff so that they can serve better.
8.
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Inconvinient
18%
82%
Interpretation:Most of the People (82%) Feel that the Store Layout of the Pantaloons is Convenient where
as 18% of people think its still Inconvenient.
9.
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No
38%
63%
10.
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No
23%
77%
Interpretation:77% of the Total People Want the Pantaloons to Add more Brands to their Collection.
Pantaloons must try and Find out which brands do the customers want them to add doing a
survey for the same.
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While doing the research there were many limitations. Some of the limitations of the research are
given below-:
1.
2.
3.
4.
CONCLUSION
From the Data that I collected I would say that almost all people are aware of Pantaloons.
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Majority of people said that they shop at Festive Seasons. People in a high percentage shop
monthly and at the time of Offers also.
Most of the people have shopped at least once at Pantaloons. Majority of the People said they like
to buy Clothes from Pantaloons, followed by Watches, Accessories, Jewellery, and Cosmetics in
that order.
Collection at Pantaloons is satisfactory.
There were mixed views about the Exchange and Refund Policies of Pantaloons. Most people said
it was good or fair, but a high amount of people were not satisfied with the policies and said it
needed to be changed.
Pantaloons Staff was said to be Co-operative.
Layout of the store is found to be very convenient to the People.
Most of the people are Pantaloons GreenCard holders.
People want Pantaloons to add more Brands added to their Collection.
Appendices
PANTALOONS
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QUESTIONNAIRE
Name :Occupation :Age :Gender:INSTRUCTIONS:-
This Data will be kept Confidential and will be used for Research Purpose only.
No
Monthly
Festive Seasons
Offers
No
Watches
Jewellery
Accessories
Cosmetics
Unsatisfactory
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Good
Needs change
Non cooperative
Inconvenient
No
10. Would you like Pantaloons to add more Brands to the Collection?
Yes
No
Bibliography
i) Books:-
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http://www.pantaloons.com
www.slideshare.net
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