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FUTURE GROUP“BIG BAZAAR”
S ATHAULLAH (13M07742)
MBA (UoM) BATCH 2013-15
GUIDE NAME
Prof.AVINASH B.M.
This is to certify that the Project Report at FUTURE VALUE RETAIL INDIA LTD. submitted in
partial fulfillment of the requirements for the award of the MASTER OF BUSINESS
ADMINISTRATION to M.S.RAMAIAH MANAGEMENT INSTITUTE is a record of bonafide
training carried out under my supervision and guidance and that no part of this report has been
submitted for the award of any other degree/diploma/fellowship or similar titles or prizes.
GUIDE
Signature:
Name:
Qualifications:
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STUDENT’S DECLARATION
I hereby declare that the Project Report conducted at FUTURE VALUE RETAIL LIMITED
under the guidance of Prof. AVINASH submitted in partial fulfillment of the requirements for the
MASTER OF BUSINESS ADMINISTRATION (UOM) to M.S. RAMAIAH MANAGEMENT
INSTITUT, is my original work and the same has not been submitted for the award of any other
Degree/Diploma/Fellowship or other similar titles or prizes.
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ACKNOWLEDGEMENT
I extend my special gratitude to our beloved Dean Dr. H. Muralidharan and Academic Head
Prof. V. Narayanan and Program Head Dr. Triveni P. for inspiring me to take up this
project.
STUDENT’S NAME
S ATHAULLAH
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TABLE OF CONTENT
1 INDUSTRY ANALYSIS 2
2 COMPANY ANALYSIS 13
3 DISCUSSION ON TRAINING 25
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List of Tables
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EXECUTIVE SUMMARY
The Indian retail industry, one of the fastest growing industries in the country over the past
couple of years is no exception. There is no doubt that the Indian retail scene is booming.
India’s retailing boom is the result of rapid globalization and the recognition of being a very
potential market by big giants and foreign companies making the market more competitive.
This has caused existing retailer’s tore-tailor their strategies to suit the new landscapes.
This retail industry deals Food Bazaar and various sections which help the society with their
daily needs. After interaction with customers I found that they are more satisfied with the food
bazaar rather than any other products.
While working on this project various topics and concepts came to the knowledge which was
unheard and unknown before. A survey was also conducted for this project which mainly
focuses on the consumer behaviour towards Big Bazaar. It would also help in knowing the
various factors that are influence consumer behaviour and understand consumer behaviour
towards Big Bazaar. Big Bazaar has brought about many changes in the buying habits of
people.
It has created formats, which provide all items under one roof. Big Bazaar has maintained that
uniqueness& succeeded in attracting customers.
Big Bazaar is not just another hypermarket. It caters to every need of your family. Big Bazaar
scores over other stores is its value for money proposition for Indian Customers. With the ever-
increasing array of private labels, it has opened doors in the world of fashion and general
merchandise, including home furnishings, utensils, crockery, sport goods and much.
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1. INDUSTRY PROFILE
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Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers
are part of an integrated system called the supply chain. A retailer purchases goods or products in
large quantities from manufacturers directly or through a wholesale, and then sells smaller
quantities to the consumer for a profit. Retailing can be done in either fixed locations like stores
or markets, door-to-door or by delivery. Retailing includes subordinated services, such as delivery.
The term "retailer" is also applied where a service provider services the needs of a large number
of individuals, such as for the public. Shops may be on residential streets, streets with few or no
houses or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping
street has a partial or full roof to protect customers from precipitation. Online retailing, a type of
electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms
of non-shop retailing.
Shopping generally refers to the act of buying products. Sometimes this is done to obtain
necessities such as food and clothing; sometimes it is done as a recreational activity. Recreationa l
shopping often involves window shopping (just looking, not buying) and browsing and does not
always result in a purchase Etymology.
Retail comes from the Old French word trailer, which means "to cut off, clip, pare, divide" in terms
of tailoring (1365). It was first recorded as a noun with the meaning of a "sale in small quantities "
in 1433 (from the Middle French retail, "piece cut off, shred, scrap, paring"). [1] Like in French,
the word retail in both Dutch and German also refers to the sale of small quantities of items.
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A marketplace is a location where goods and services are exchanged. The traditional market square
is a city square where traders set up stalls and buyers browse the stores. This kind of market is
very old, and countless such markets are still in operation around the whole world.
In some parts of the world, the retail business is still dominated by small family-run stores, but this
market is increasingly being taken over by large retail chains.
Retail is usually classified by type of products as follows:
Food products
Hard goods or durable goods ("hardliner retailers") - appliances, electronics, furniture, sporting
goods, etc. Goods that do not quickly wear out and provide utility over time.
Soft goods or consumables - clothing, apparel, and other fabrics. Goods that are consumed after
one use or have a limited period (typically under three years) in which you may use them.
Department stores - very large stores offering a huge assortment of "soft" and
"hard goods; often bear a resemblance to a collection of specialty stores. A retailer
of such store carries variety of categories and has broad assortment at average price.
They offer considerable customer service.
Discount stores - tend to offer a wide array of products and services, but they
compete mainly on price offers extensive assortment of merchandise at affordable
and cut-rate prices. Normally retailers sell less fashion-oriented brands.
Variety stores - these offer extremely low-cost goods, with limited selection;
Demographic - retailers that aim at one particular segment (e.g., high-end retailers
focusing on wealthy individuals).
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Mom-And-Pop: is a small retail outlet owned and operated by an individual or
family. Focuses on a relatively limited and selective set of products.
General store : a rural store that supplies the main needs for the local community;
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Category killers or Category Specialist: By supplying wide assortment in a single
category for lower prices a retailer can "kill" that category for other retailers. For
few categories, such as electronics, the products are displayed at the centre of the
store and sales person will be available to address customer queries and give
suggestions when required. Other retail format stores are forced to reduce the prices
if a category specialist retail store is present in the vicinity.
E-tailors: The customer can shop and order through internet and the merchand ise
are dropped at the customer's doorstep. Here the retailers use drop shipping
technique. They accept the payment for the product but the customer receives the
product directly from the manufacturer or a wholesaler. This format is ideal for
customers who do not want to travel to retail stores and are interested in home
shopping. However it is important for the customer to be wary about defective
products and non-secure credit card transaction. Example: Amazon, Pennyful and
eBay.
Retailers can opt for a format as each provides different retail mix to its customers based on their
customer demographics, lifestyle and purchase behaviour. A good format will lend a hand to
display products well and entice the target customers to spawn sales.
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Global top five retailers
1. Walmart US
2. Carrefour France
3. Tesco UK
4. Kroger US
5. Metro AG Germany
Operations
Retail pricing
The pricing technique used by most retailers is cost-plus pricing. This involves adding a markup
amount (or percentage) to the retailer's cost. Another common technique is suggested retail pricing.
This simply involves charging the amount suggested by the manufacturer and usually printed on
the product by the manufacturer.
In Western countries, retail prices are often called psychological prices or odd prices. Often prices
are fixed and displayed on signs or labels. Alternatively, when prices are not clearly displayed,
there can be price discrimination, where the sale price is dependent upon who the customer is. For
example, a customer may have to pay more if the seller determines that he or she is willing and/or
able to. Another example would be the practice of discounting for youths, students, or senior
citizens.
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Staffing
Because patronage at a retail outlet varies flexibility in scheduling is desirable. Employee
scheduling software is sold which, using known patterns of customer patronage, more or less
reliably predicts the need for staffing for various functions at times of the year, day of the month
or week, and time of day. Usually needs vary widely. Conforming staff utilization to staffing needs
requires a flexible workforce which is available when needed but does not have to be paid when
they are not, part-time workers; as of 2012 70% of retail workers in the United States were part-
time. This may result in financial problems for the workers, who while they are required to be
available at all times if their work hours are to be maximized, may not have sufficient income to
meet their family and other obligations.
Transfer mechanisms
There are several ways in which consumers can receive goods from a retailer:
Counter service, where goods are out of reach of buyers and must be obtained from the seller.
This type of retail is common for small expensive items (e.g. jewelry) and controlled items like
medicine and liquor. It was common before the 1900s in the United States and is more common
in certain countries like India.
Delivery, where goods are shipped directly to consumer's homes or workplaces. Mail order from
a printed catalogue was invented in 1744 and was common in the late 19th and early 20th centuries.
Ordering by telephone was common in the 20th century, either from a catalog, newspaper,
television advertisement or a local restaurant menu, for immediate service (especially for pizza
delivery), remaining in common use for food orders. Internet shopping - a form of delivery - has
eclipsed phone-ordering, and, in several sectors - such as books and music - all other forms of
buying. Direct marketing, including telemarketing and television shopping channels, are also used
to generate telephone orders. Started gaining significant market share in developed countries in
the 2000s.
Door-to-door sales, where the salesperson sometimes travels with the goods for sale.
Self-service, where goods may be handled and examined prior to purchase.
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Digital delivery or Download, where intangible goods, such as music, film, and electronic books
and subscriptions to magazines, are delivered directly to the consumer in the form of informa tio n
transmitted either over wires or air-waves, and is reconstituted by a device which the consumer
controls (such as an MP3 player; see digital rights management). The digital sale of models for 3D
printing also fits here, as do the media leasing types of services, such as streaming.
Second-hand retail
Some shops sell second-hand goods. In the case of a nonprofit shop, the public donates goods to
the shop to be sold. In give-away shops goods can be taken for free.
Another form is the pawnshop, in which goods are sold that were used as collateral for loans. There
are also "consignment" shops, which are where a person can place an item in a store and if it sells,
the person gives the shop owner a percentage of the sale price. The advantage of selling an item
this way is that the established shop gives the item exposure to more potential buyers.
Challenges
To achieve and maintain a foothold in an existing market, a prospective retail establishment must
overcome the following hurdles:
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High competitiveness among existing market participants and resulting low profit
margins, caused in part by Constant advances in product design resulting in
constant threat of product obsolescence and price declines for existing inventory;
Lack of properly educated and/or trained work force, often including manageme nt,
caused in part by Lack of educational infrastructure enabling prospective market
entrants to respond to the above challenges.
Sales techniques
Behind the scenes at retail, there is another factor at work. Corporations and independent store
owners alike are always trying to get the edge on their competitors. One way to do this is to hire a
merchandising solutions company to design custom store displays that will attract more customers
in a certain demographic. The nation's largest retailers spend millions every year on in-store
marketing programs that correspond to seasonal and promotional changes. As products change, so
will a retail landscape. Retailers can also use facing techniques to create the look of a perfectly
stocked store, even when it is not.
A destination store is one that customers will initiate a trip specifically to visit, sometimes over a
large area. These stores are often used to "anchor" a shopping mall or plaza, generating foot traffic,
which is capitalized upon by smaller retailers.
Customer service
Customer service is the "sum of acts and elements that allow consumers to receive what they need
or desire from your retail establishment." It is important for a sales associate to greet the customer
and make himself available to help the customer find whatever he needs. When a customer enters
the store, it is important that the sales associate does everything in his power to make the customer
feel welcomed, important, and make sure he leaves the store satisfied. Giving the customer full,
undivided attention and helping him find what he is looking for will contribute to the customer's
satisfaction.[4] For retail store owners, it is extremely important to train yourself and your staff to
provide excellent customer service skills. By providing excellent customer service, you build a
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good relationship with the customer and eventually will attract more new customers and turn them
into regular customers. Looking at long term perspectives, excellent customer skills give your
retail business a good ongoing reputation and competitive advantage.
United States
The United States retail sector features the largest number of large, lucrat ive
retailers in the world. A 2012 Deloitte report published in STORES magazine
indicated that of the world's top 250 largest retailers by retail sales revenue in fiscal
year 2010, 32% of those retailers were based in the United States, and those 32%
accounted for 41% of the total retail sales revenue of the top 250.[6]
CE region
In 2011 the grocery market in six Central European [disambiguation needed] (CE)
countries was worth nearly €107bn, 2.8% more than the previous year when
expressed in local currencies. The increase was generated foremost by the discount
stores and supermarket segments, and was driven by the skyrocketing prices of
foodstuffs. This information is based on the latest PMR report entitled Grocery
retail in Central Europe 2012[8]
Consolidation
Among retailers and retails chains a lot of consolidation has appeared over the last
couple of decades. Between 1988 and 2010, worldwide 40,788 mergers &
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acquisitions with a total known value of 2.255 trillion USD have been announced .
[9] The largest transactions with involvement of retailers in/from the United States
have been: the acquisition of Albertson's Inc. for 17 bill. USD in 2006, [10] the
merger between Federated Department Stores Inc. with May Department Stores
valued at 16.5 bill. USD in 2005[11] - now Macy's, and the merger between Kmart
Holding Corp and Sears Roebuck & Co with a value of 10.9 bill...
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2. COMPANY ANALYSIS
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HISTORY
Big Bazaar was introduced by the Future Group in September 2001 with the opening of its first
four stores in Kolkata, Indore, Bengaluru and Hyderabad within a period of 22 days.
Started by Kishore Biyani, Big Bazaar was launched mainly as a fashion format selling apparel,
cosmetics, accessories and general merchandise. Over the years, the retail chain has included in its
portfolio a wide range of products and services, ranging from grocery to electronics.
The current retail formats of the Future Group include Big Bazaar, Food Bazaar, Electronic Bazaar
and Furniture Bazaar. According to Kishore Biyani, the inspiration behind this entire retail format
was from Saravana Stores, a local store in T. Nagar, Chennai. Big Bazaar is popularly known as
the ‘Indian Walmart’ today.
In the second year of operations, Big Bazaar tied up with Indian banking giant ICICI Bank and
launched the Big Bazaar ICICI Bank Card. In the same year, the first Food Bazaar store was also
launched at High Street Phoenix mall in Mumbai, marking the retailer’s entry into dedicated food
retail.
In 2003, Big Bazaar made its foray into small towns and cities. The first store in this category was
launched that year in Nagpur. The franchise also welcomed its 10 millionth customer at its new
store in Gurgaon in the same year.
Over the next two years, Big Bazaar consolidated its position in the Indian retail landscape. This
phase of growth included the setting up of the Mumbai store in Lower Parel, which registered a
record Rs 10 million turnover in a single day on Diwali-eve in 2004. In 2005, the first Big Bazaar
Exchange Offer was launched, which has quickly gained popularity among customers.
In 2006, further changes in loyalty marketing took place with the launch of the housewife-centr ic
credit card, Shakti. Jewellery store ‘Navaras’ was also launched that year within Big Bazaar stores
which became the first store-in-store concept to be launched by the brand. Another dedicated retail
format launched in 2006 is Furniture Bazaar.In 2007, Big Bazaar partnered with a shopping portal
Futurebazaar.com and expanded its retail footprint to 50 stores.
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The following year, 2008, witnessed by far the fastest growth in terms of retail expansion for Big
Bazaar, with the launch of the 101st store. Joining the league of India’s Super brands and voted
among the top ten service brands in the country by the Pitch-IMRB international survey, Big
Bazaar became much more than a household name. The year also saw the launch of the Monthly
Bachat Bazaar (Monthly Budget Market) campaign, which provided significantly low prices and
gave discounts on bulk purchases in the first week of the month.
Over the next two years, Big Bazaar carved its own niche in modern retail and became the largest
brand in the hypermarket format. Capturing one-third of the food and grocery market in modern
retail, celebrity endorsements and tie-ups with other brands allowed it to enhance its retail
footprint. In 2009, Big Bazaar won the CNBC Awaaz Consumer Awards for the third consecutive
year. It was adjudged the Most Preferred Multi Brand Food & Beverage Chain, Most Preferred
Multi Brand Retail Outlet and Most Preferred Multi Brand One Stop Shop.
ABOUT THE COMPANY:
MARKET SHARE IN RETAIL INDUSTRY
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Various formats and store concept
Most Big Bazaar outlets are multi- levelled stores and are located in stand-alone buildings in city
centres as well as within shopping malls. These stores have more than 2,00,000 Stock Keeping
Units (SKU) in a wide range of categories, led primarily by fashion and food products. The retail
space of these stores in the metros range between 50,000 and 1,60,000 sq. ft.
Since its launch in 2001 in metro cities like Kolkata, Bengaluru and Hyderabad, Big Bazaar is the
largest Hypermarket chain with presence in 90 cities and towns across the country.
CSR activities
As a part of Future Group, Big Bazaar is involved in various social activities that include green
initiatives for the community, blood donation camps, Diwali celebrations with orphanages, visits
to orphanages and other NGOs helping underprivileged children. These activities usually involve
all members of the management as well as staff of Big Bazaar.
In September 2011, Future Group signed a strategic partnership with the Himacha l
Pradesh Government to directly source, market and promote the state’s products
and services through its Big Bazaar stores under the brand ‘Himachal’. The aim of
this partnership is to aid the development of various ‘source-to-market’ initiatives
to enhance livelihoods for more than 25,000 families in the state.
Big Bazaar created a platform called Yatra to provide women of self-help groups
across various towns and regions of Maharashtra and Gujarat the opportunity to
market their wide assortment of indigenous food and non-food products. As part of
the programme, women from over 30 regional self-help groups were invited,
encouraged and helped to set up stalls to exhibit their products at Big Bazaar stores.
Big Bazaar Mysore started offering a free wholesome meal to all its customers, who
in return contribute ‘Shraddha Anussar’ for a community cause. In other words, the
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customers donate any amount for the meal which would be used for a local, regional
or topical cause.
Taking cue from this highly successful concept, another initiative was introduced, named the
‘Purana do aur naya lo’ (give old and get new) scheme. In this scheme, consumers were asked to
bring and sell old clothes, utensils and other household items in exchange of discount coupons.
The concept proved to be a success yet again as people from across the country responded
spontaneously, in spite of the different preconditions associated with it.
The franchise further inaugurated the concept of ‘Hafte ka sabse sasta din’ (Cheapest Day of the
Week), wherein Wednesday was designated to be the day when special discounts were offered to
consumers during a week.
Wednesday Bazaar
The concept of Wednesday Bazaar was promoted as ‘Hafte Ka Sabse Sasta Din’ (Cheapest Day
of the Week). Initiated in January 2007, the idea behind this scheme was to draw customers to
stores on Wednesdays, the day when consumer presence is usually less. According to the chain,
the aim of the concept was ‘to give homemakers the power to save the most.
Big Bazaar introduced ‘Sabse Sasta Din’ (Cheapest Day) with the intention of attaining a sales
figure of Rs 26 crore in a single day. The concept became such a hit that the time period for the
offer had to be increased from one day to three days in 2009 (January 24 to 26) and to five days in
2011 (January 22 to 26).
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Maha Bachat
The concept of ‘Maha Bachat’ (Mega Saving) was introduced in the year 2006 as a single day
campaign with attractive promotional offers across the company outlets. Over the years, the
concept has grown to become a six-day biannual campaign. During this campaign, attractive offers
are given in all the value formats including Big Bazaar, Food Bazaar, Electronic Bazaar and
Furniture Bazaar.
Introduced on February 12, 2009, ‘The Great Exchange Offer’ allows customers to exchange their
old goods for Big Bazaar coupons. The coupons can be redeemed later for buying brand new goods
from Big Bazaar outlets across the nation.
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VISION
To deliver everything, everywhere, every time to every Indian customer in the most
possible manner.
One of the core value of future group is Indian ness and is cooperate credo is rewrite
rules –retain value.
MISSION
We Share the vision and belief that our customer and stakeholder shall be served
only by creating and executing future scenario in the consumption space leading to
economic development.
We will be the trendsetter in evolving delivery formats creating retail making
consumption affordable for all customer segment –for classes and masses.
We shall infuse Indian brands with confidence and renewed ambitio n.
We shall be efficient and, cost conscious and committed to quality in whatever we
do.
We shall ensure that out positive attitude, sincerity, humility and united
determination shall be the driving force to make us successful.
CORE VALUES
Indianans confidence in ourselves.
Simplicity & positivity: simplicity and positivity in our thought business and work.
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ORGANISATIONAL HEIRARCHY
AREA MANAGER
FLOOR MANAGER
ACCOUNT MANAGER
Area Managers are too valuable to be thrown in at the deep end. They need the best initial training
possible. This is the ideal ‘covering the very basics’ workshop. The focus is on the Area Manager
Function, the tasks required of the job and the qualities required to ‘lead’ rather than just
‘manage’.
Thinking ahead, analyzing the current situation, and formulating a written business development
strategy is an essential starting point for all newly appointed Area Managers. On completion of
this workshop your area managers will have started formulating a strategic development plan for
their areas and discussed methods of communicating the plan to all managers within their areas of
responsibility.
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ROLE OF HEAD STORE MANAGER
HEAD Store managers can be found in all shops as they are the main cog in its running. They are
employed to ensure that the day-to-day operation of the shop is efficient and effective, with the
main aim of bringing in the maximum profit possible. They are responsible for all employees
within the store and are present to ensure the shop runs without hitch.
Every shop needs a store manager, making it a very versatile job that is widely in demand. The
retail sector employs around 11% of the UK’s total workforce, so there are many opportunities
available in this field
Trains store staff by reviewing and revising orientation to products and sales training materia ls;
delivering training sessions; reviewing staff job results and learning needs with retail store
manager; developing and implementing new product training.
Prepares sales and customer relations reports by analyzing and categorizing sales
information; identifying and investigating customer complaints and service suggestions.
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FLOOR MANAGER
Retail Floor Manager Jobs have a responsibility for the day-to-day management of a department
or store in accordance with overall company policy.
The main focus of any Retail floor manager jobs is to improve the commercial performance of the
store by increasing its turnover and maximizing profitability. Achieving performance objectives
will require action in one of the main areas of retail activity: store operations; human resources;
finance; buying; customer care; marketing; logistics; information technology; and
administration.
Major parts of the retail floor manager jobs on a day-to-day basis include managing staff, finding
new ways to improve sales, and meeting customer demand.
ACCOUNT MANAGER
An account manager is a person who works for a company and is responsible for the manageme nt
of sales, and relationship with particular customers. The account manager does not manage the
daily running of the account itself. They manage the relationship with the client of the account(s)
they are assigned to. Generally, a client will remain with one account manager throughout the
duration of hiring the company. Account managers serve as the interface between the customer
service and the sales team in a company. They are assigned a company's existing client accounts.
The purpose of being assigned particular clients is to create long term relationships with the
portfolio of assigned clients. The account manager serves to understand the customer's demands,
plan how to meet these demands, and generate sales for the company as a result.
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SWOT ANALYSIS
Strengths:
1. Big Bazaar is one of the largest retail hypermarket in India with 214 stores (as on
June12’) located all over India.
2. It is owned by Future group, which owns other retail brands like Central
Hypermarket, Brand Factory, Pantaloons, eZONE, Hometown, futurebazaar.com.
3. It offers a wide range of product category like fashion and apparel, food products,
leisure & entertainment section general merchandise, furniture, electronics, books,
fast food.
4. The customers enjoy better shopping experience and discount offers.
5. Big bazaar brings lot of innovation in retail shopping sector by bringing attractive
promotional programs. (Wednesday Bazaar, Sabse Sasta Din, Maha Bachat, The
Great Exchange Offer).
6. Its economy pricing model attracts Indian customers to large extent BIG BAZAR.
Weakness:
1. Customers face delays in billing services during offer seasons.
2. Big bazaar doesn’t have wide range of branded products.
3. The customers perceive its products to have low quality due to its economy pricing
strategy like Walmart.
4. Most of the products are sold under its own private labels.
5. There were recent controversies with Big Bazaar for holding expired and
adulterated stocks.
6. Offers are given only for selected brands.
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Opportunity:
1. There are lot of opportunities available for expansion to rural and semi-urban
markets
2. The volume of organized retailing in India is only 5-7% and players like Big Bazaar
have lot of scope to fill the gaps
3. The increase in disposable income of Indian middle class families and the increase
in earning youth population have increased the buying potential
4. The consumers are looking for purchasing products in malls and supermarkets
5. People prefer to shop all products in one roof and the consumers shopping
experiences have changed to new dimensions
6. Big Bazaar has partnered with several other players in India and across the world
for joint ventures.
Threats:
1. Availability of space to set up large infrastructure is difficult
2. The government policies keep changing and the foreign players entering into
retail segment may cause threats
3. There are other existing players like Sponsors, Aditya Birla’s More, Reliance,
Tata, Heritage etc
4. Training staff members and retailing is big challenge for human resources
department
5. The economic slowdown has resulted in job cuts which reduces buying power.
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3. DISCUSSION ON TRAINING
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Roles and responsibilities:
To know the perception of customer and their satisfaction level in home fashion.
Collect data regarding different product of home fashion.
Attending the customer on mahabachat offer day and providing different services.
Like gift wrapping, home delivery and special offer.
Providing services at customer seva desk.
Interact with customer regarding awareness of advertisement in local newspaper.
Sell profitclub cards to customers.
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4. ANALYSIS OF RESEARCH UNDER TAKEN
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INTRODUCTION:
Marketing is the moving and exciting activity in everybody activities. The sellers, distributors,
advertising agencies, consultants, transporters, financers, store agencies and every one as a counter
are part of the marketing system. Any exchange process be it consumer, goods, intermed iar y
goods, services of ideas, comes under the preview of marketing. It is very often regarded that the
development of markets and marketing is synonymous with the economic development of account.
Through marketing is an action discipline. In the ever-growing corporate world, marketing is being
regarded as a crucial element for the success of an Enterprise.
The marketing discipline is undergoing fresh re appraisal in the light of the vast global,
technological, economic and social challenges facing today’s companies and countries.
Marketing at its best is about value creation and raising the world’s living standards. Todays
‘winning companies are those who succeed most in satisfying, indeed delighting their target
customers.
´Philip Kotler has therefore defined marketing as it is a social and managerial process by which
individuals and groups obtain what they need and want through creating, offering and exchanging
products of values with others´. Many Indian companies espouse a satisfied customer philosophy
and describe marketing as customer-satisfaction engineering. Since the economy in this country
has changed from a primary condition of scarcity to gradual and steady stage of affluence, largely
giving consumers the opportunity to choose among many varied alternatives, satisfaction has
become a major concern of business.
One thing that we have in common is that we all are consumers. In fact everybody in this world is a
consumer. Every day of our life we are buying and consuming an incredible variety of goods and services.
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However, we all have different tastes, likes, dislikes, and adopt different behaviour patterns while making
purchase decisions.
The term consumer behaviour refers to the behaviour that consumers displaying searching for purchasing
using evaluation and disposing in searching for purchasing using evaluating and disposing of products and
services that they exact will satisfy o how individuals make decisions to send their available resources
(time, money and effort) on consumption related items. It includes the study of What they buy´, ´Why they
buy´, When they buy it´, Where they buy it´, how often they buy it´ and how often they use.
DEFINITIONS:
Consumer Behaviour (or Buyer Behaviour) is broadly defined by various scholars & researchers as:
1. It’s the behaviour displayed by the consumers during the acquisition, consumption and disposition of
products, services, time and ideas by decision making units.
2. It is the body of knowledge which studies various aspects of purchase and consumption of products and
services by individuals with various social and psychological variables at play.
3. The behaviour that the consumers display in searching for, purchasing, using, evaluating and disposing
of products and services that they expect will satisfy their needs.
4. The process and activities people engage in when searching for, selecting, purchasing, using, evaluating,
and disposing of products and services so as to satisfy their needs and desires.
5. The activities directly involved in obtaining, consuming, and disposing of products and services,
including the decision processes that precede and follow these actions.
6. The American Marketing Association (AMA) defines consumer behaviour as The dynamic interaction
of cognition, behaviour & environmental events by which human beings conduct the exchange aspect of
their lives.
Consumer behaviour is helpful in understanding the purchase Behaviour and preferences of different
consumers. As consumers, we differ in terms of sex age, education, occupation, income, Family setup,
religion, nationality and social status. Because of this different background factors, have different needs
and we have only buy those products and services, which we think, will satisfy our needs.
35
A MODEL OF CONSUMER BEHAVIOUR:
A consumer decisions to purchase a particular product of service is the result of complex interplay of a
number of variables. The starting point of the decision process is provided by the company’s marketing
stimuli in the shape of product, promotion, price and distribution strategy. Consumer often purchase new
products that are associated with a favourable viewed brand name. The term consumer behaviour refers to
the behaviour that consumer displaying searching for purchasing, using, evaluating and disposing of
products and services that they expect will satisfy these needs.
The study of consumer behaviour in the study of how individuals make decisions to spend their available
resources (time, money, effort) on consumption related items. It includes the study of what they buy´, why
they buy´, when they buy´, where they buy’, how often they buy´ and how they use´
36
NEED FOR THE STUDY:
Consumer behavior plays a major role for the growth of the company in the modern market
scenario. The basic idea of this study is to find the consumer behavior towards Big Bazaar. The
needs have to be recognized and necessary steps have to be taken to make the changes.
India is growing rapidly and changes are dynamic. People are changing, the preference and the
demand is changing. The market also has to change accordingly.
The purpose of consumer behavior is not only for retaining the customers but also attracting new
customers and increasing the sales also creating and maintenance of brand awareness.
In this competitive market the level of consumer satisfaction decides the success of any product
and any company. The night consumers have to be targeted and the right strategy should be
implemented at the right time. This will give the desired results.
To assess the behavior level of different type of customers shopping at Big Bazaar.
To identify what type of strategies are suitable for the company to reach the targeted
customers.
To find out the factors which influence the consumption of the products in Big Bazaar.
37
RESEARCH METHODOLOGY
The survey technique is intended to secure one or more items of information from a sample of
respondents who are representatives of a larger group. The information is recorded on a form
known as questionnaire. As data are gathered by asking questions from persons who are believed
to have desired information, the method is known as questionnaire technique.
Meaning of Research
According to D. Slessinger and M. Stephenson in the Encyclopedia of social sciences define
research as the manipulation of things, concepts or symbols for the purpose of generalizing to
extend, correct or verify knowledge, whether that knowledge aids in construction of theory or in
the practice of art´.
TYPES OF RESEARCH
1. Exploratory Research,
2. Descriptive Research,
Exploratory Research:
Exploratory research studies are also termed as formulate research studies. The main
purpose of such studies in that of formulating a problem for more precise investigation or of
developing the working hypothesis forms an operational point of view.
Descriptive Research:
Diagnostic Research studies determine the frequency with something occurs or its
association with something else. In this project, information pertaining to customer needs
satisfaction and their demographic profile was collected; hence it is a descriptive research.
38
1) Primary data: Meaning: Primary sources of data are the data which needs the personal efforts
of collect it and which are not readily available. Primary source of data are the other type of source
through which the data was collected.
Following are few ways in the data was collected:
1. Questionnaires: It is the set of questions on a sheet of paper was being given to fill it, bases on
which the data was interpreted.
2. Direct interviewing: Direct interviewing involved the process where I asked the questions
directly to the customers and I got the feedback.
2) Secondary data: Secondary sources are the other important sources through which the data
was collected.
These are the readily available sources of the data where one had need not put much effort to
collected, because it is already been collected and part in an elderly manner by some researcher,
experts and special.
The secondary sources helpful for the study were
1) Text books like marketing management research methodology Advertisement and sales
promotion etc.
2) Internet was made use for the collection of the data
3) Newspapers were also referred.
4) Business magazines were referred.
3) Sample size: By using judgment random sampling technique 100 respondents are selected for
the purpose of the study.
4) Period of study: The study is undertaken in the duration of 30days.
5) Research approach: The survey method was adopted for collected the primary data. Survey
research is systematic gathering of data from respondent through questionnaire.
6) Research instrument: The data for this research study was collected by survey technic using
interview method guided by questionnaire.
7) Collection of Data: Questionnaire and personal interviews are the methods that I have used for
collecting the data.
39
SCOPE OF THE STUDY
My scope is limitation to one Branch (RAJAJI NAGAR). The scope of the study is to identify the
consumer behavior towards Big Bazaar. It is aimed at enlightening the company about differe nt
steps to be taken up to increase the share of Big Bazaar with regard other competitors and also to
make the company to provide better customer services. The scope of the study is only confined to
the area covered under Bangalore and only confined in studying about the consumer behavior
towards Big Bazaar.
LIMITATIONS:
Time has been a major constraint throughout the study as it has been only for duration of
1 months.
As this survey was restricted to Bangalore this cannot be stated as an in depth research on
this subject.
Enough care is taken in formulating the questionnaire, still some errors may creep in.
The project is based on the interview methodology by a sutured questionnaire and the personal
skills of the person undertaking the project affect the results.
40
ANALYSIS AND INTERPRETATION
ANALYSIS
The above table shows 77% of the respondents are male, 23% of the respondents are
female
Genders
90
77
80
70
60
50
40
30 23
20
10
0
Male Female
INTERPRETATION
From the above graph we can interpret that majority of the respondents are male and other are
female
41
Q2) Age groups?
ANALYSIS
The above table shows 30% of customers are age group of less than 25 & 48% are age group of
25-35 & 17% are age group of 35-45 & 3% are age group of 46-55 and 2% of them are age group
of 56 and above
No of Customers
3% 2%
30%
17%
48%
INTERPRETATION
From the above graph we can interpret that majority of the respondents are age group of 25-35
from this we can say that large of visitors to Big Bazaar are age group of 25-35 and 30% of visitors
are age group less than 25. Hence company should concentrating on attracting customers of age
group from less than 35
42
Q3) Marital Status?
ANALYSIS
The above table shows 60% customers are married and 40% of customers are unmarried
Marital Status
40% Married
60% Unmarried
INTERPRETATION
From the above graph we can interpret that 60% of the respondents are married and reaming 40%
respondents are unmarried as we conclude majority of customers are married then unmarried.
Hence the company should focus more on married people
43
Q4) Income per month?
Analysis
Above Table shows 20% of customers belong to income level of less than 10000 per month &
26% of customers belong to 20000-30000 income per month & 25% of customers belong to 30000-
40000 income per month & 5% of customers belong to income per month of 40000-50000 per
month and reaming 8% of customers belong to 50000 and above
INTERPRETATION
From the above graph we can interpret that majority of respondents belong to income level of
10000-20000 per month & 20% belong to less than 10000. Hence we conclude the company should
focus on targeting customers belong to income level of less than 30000
44
Q5) How frequently do you visit Big Bazaar?
Analysis
Above Table shows that 13% of respondent visit twice in a week & 30% of respondents visit once
in a week & 20% visit once in 15days & 18% of respondents visit once in month and remaining
25% of respondents visit as and when required
Visitors to Bigbazaar
25% 13%
30%
18%
20%
Twice in a week Once in a week Once in 15 days
Once in Month As and when required
INTERPRETATION
Above Graph shows that majority of customers visit once in a week & 25% visit as and when
required & 20% visit once in 15days, we conclude that majority of customers visit as and when
required and once in a week. Hence company should increase visitors by providing more
promotion offers and create awareness about the offers to customers
45
Q6) What is the main purpose of Purchase?
Analysis
Above Table shows that 44% respondents purchase for personal usage & 13% to gift & 39%
purchase for regular home usage and remaining 4% purchase for events and celebrations
Purpose of purchase
44% 39%
50
40 13%
30
4%
20
10
0
percentage
INTERPRETATION
From the above Graph we can see that 44% of the respondents purchase for personal usage & 39%
purchase for regular home usage and remaining to gift & events and celebrations, we conclude
majority of customer purchase for personal and home usage.
46
Q7) Which type of products do you Purchase more in Big Bazaar?
ANALYSIS
The above table shows that 21% of respondents purchase process food and staples & 32% purchase
clothing/fashion & 11% purchase home fashion & 23% purchase vegetables and fruits & 10%
purchase electronics and remaining 3% purchase utensils and crockery
INTERPRETATION
From the above Graph we can see that majority 32% of customers purchase clothing/
Fashion & 21%-23% of customers purchase process food, staples, vegetables and fruits and
remaining purchase home fashion, electronics, utensils and crockery
47
Q8) What is the reasons behind Purchase in Big Bazaar?
ANALYSIS
The above table shows that 11% of respondents say they purchase because of satisfaction of
products & 27% because of reasonable price & 46% for more and good offers and remaining
11% purchase because of extra facilities
0 10 20 30 40 50
INTERPRETATION
From the above Graph we can see that majority of the respondents purchase because of more and
good offers & 27% purchase because of reasonable price and remaining purchase because of extra
facilities and satisfaction of products
48
Q9) How often do you ask for Assistance from staff while purchase?
ANALYSIS
The above table shows that 9% of customers take assistance from staff almost always & 25% take
frequently & 54% of customers take assistance some times and remaining 12% never
INTERPRETATION
From the above Graph we decide that 9% of the customers take assistance from staff always &
where as 25% take help frequently & 54% have taken assistance sometimes and 12% will not
depend on others. From the collected data, we can say that the minority of customers take
assistance from the store staff sometimes
49
Q10) How do you feel the pricing of products in Big Bazaar?
Table No10 – Respondents perception towards the pricing of products in Big Bazaar
ANALYSIS
The above table shows that 5% of respondents said they feel prices are expensive & 16% said as
competitive & 38% as affordable and remaining 41% as reasonable
Chart No10 – Showing Customer Perception towards the pricing of products in Big Bazaar
Pricing of Bigbazaar
5%
16%
41%
38%
INTERPRETATION
From the above Graph we can see that majority of customers feel prices as reasonable & 38% as
affordable and remaining as competitive and expensive. Hence we conclude majority of customers
have good perception toward the pricing of the products
50
Q11) Why do you prefer to shop in Big Bazaar?
ANALYSIS
The above table shows that 5% of respondents prefer to shop because of availability of adequate
stock & 8% shop because of convenience of location and timing & 49% for offers and discounts
and remaining 38% shop for variety of products
Prefer to shop
60 Availability of adequate
49%
50 stock
38%
40 Convenience of location
30 and timing
20 Offers and discounts
5% 8%
10
0 Variety of products
PERCENTAGE
INTERPRETATION
From the above Graph we can see that 49%-38% customers prefer to shop because of offers,
discounts & variety of products and remaining 5%-8% shop because of availability of adequate
stock and convenience of location & timing. Hence we conclude that Majority of customers prefer
to shop because of offers & discounts and availability variety of products
51
Q12) Which place you like the most for shopping in the City and why?
ANALYSIS
The above table shows that 58% of respondents shop at Big Bazaar & 6% shop at Star Bazaar &
8% at Reliance trend/fresh & 9% at Malls and remaining 19% at Preferred Showrooms
INTERPRETATION
From the above Graph we can see that 58% customers shop at big bazaar & 19% at preferred
showrooms and remaining at malls, star bazaar and reliance trend/fresh. Hence we conclude that
majority of customers preferred to shop at big bazaar and big bazaar is facing competition with
showrooms
52
Q13) Which of the facilities are you making use of in Big Bazaar?
ANALYSIS
The above table shows that 15% of respondents use membership card & 58% of payback card &
8% gift vouchers and remaining 19% of them use T24 mobile currency offer
Gifit Vouchers
58%
T24 Mobile Currency
Offer
INTERPRETATION
From the above Graph we can see that 15% of customers are interested in membership card &
whereas 8% are interested in gift vouchers & 19% are interested in T24 mobile currency but
more than half are interested in payback card i.e. 58% by this we can say that most of the
customers prefers to having payback card at Big Bazaar
53
Q14) Which offer days do you prefer to shop in Big Bazaar?
ANALYSIS
The above table shows that 66% of respondents prefer to shop on Wednesday & 23% of them on
Maha bachat and remaining 11% at Exchange offer days
80
66%
60
40 23%
11%
20
0
WEDNESDAY MAHA BACHAT EXCHANGE OFFER DAY
INTERPRETATION
From the above Graph we can see that 66% of customers prefer to shop on Wednesday & 23%
on Maha bachat and remaining 11% on Exchange offer day. Hence we conclude that majority of
customer prefer to shop on Wednesday
54
Q15) How is your Overall experience in Big Bazaar?
ANALYSIS
The above table shows that 43% of respondents say that overall experience in Big Bazaar is
excellent & 47% of them said as good & 6% as average and remaining 4% as poor
Excellent
43%
Good
47%
INTERPRETATION
From the above Graph we decide that 43% of the customers overall experience in Big Bazaar is
excellent & 47% of the customers overall experience is good & 6% as average and only 4% of
customers overall experience is poor. Hence we decide that the overall customer satisfaction
level is good
55
Q16) Do you suggest any one to shop at Big Bazaar? If NO why?
ANALYSIS
The above table shows that 96% of respondents will suggest to shop and 4% as No
80
60
40
20
4%
0
Yes No
INTERPRETATION
From the above Graph we see that 96% of customers will suggest to shop at Big Bazaar and
remaining 4% as No. Hence we conclude that majority number customer will suggest to shop
56
Q17) How Big Bazaar Management can attract Customers?
ANALYSIS
The above table shows that 12% of respondent suggest Big Bazaar to maintain quality products
& 26% of suggest to charge reasonable prices on products & 56% as to increase offers and
discounts and remaining 6% to provide extra facilities
26%
56%
INTERPRETATION
From the above Graph we see that 12% of customer suggest to maintain quality products & 26%
to charge reasonable price and 56% to give more offers and discounts and remaining to provide
extra facilities. Hence we conclude that Big Bazaar can attract customers by providing more
offers and discounts
57
Q18) How did you come to know about Big Bazaar?
ANALYSIS
The above table shows that 58% of respondent said that they are aware of Big Bazaar by
advertisement & 9% from colleague’s references & 22% from friends and 11% from relatives
60%
50% 22%
40%
30% 9% 11%
20%
10%
0%
Advertisements Colleague's Friends Relatives
references
INTERPRETATION
From the above Graph we see that 58% of customers come to know about Big Bazaar from
advertisement & 9% from colleague’s reference & 22% from friends and remaining from
relatives. Hence we conclude that advertisement is a effective source for Big Bazaar to reach
customers
58
Q19) Which sources of advertisements made you to purchase / attracted you to Big
Bazaar?
ANALYSIS
The above table shows that 58% of respondents attracted to purchase at Big Bazaar because Of
TV-ads & 33% because of Newspapers & 1% attracted by Radio & 6% by internet popups and
remaining 2% by prints
Chart No19 – Showing Sources of Advertisements attracted Customers towards Big Bazaar
INTERNET POPUPS 6%
RADIO 1%
NEWSPAPERS 33%
TV-ADS 58%
INTERPRETATION
From the above Graph we see that majority of 58% of customers are attracted by Tv-ads & 33%
with Newspapers and remaining with Radio, Internet popups and Prints. Hence we conclude that
majority of customers are attracted by Tv-ads
59
Q20) Which sources of adverting do you think that can reach easily to Customers?
ANALYSIS
The above table shows that 57% responds said that TV-ads can reach them easily & 26% of them
said Newspaper can reach customers easily & 11% by Internet and9% suggest Mobile
Chart No20 – Showing sources of advertising that can reach easily to Customers
INTERPRETATION
From the above Graph we see that majority of 57% suggested TV-ads can reach them easily &
26% said as Newspapers and remaining with Internet & Mobile. Hence we conclude that Big
Bazaar should go through TV-ads and Newspaper
60
Q21) Mention your satisfaction levels of following elements?
61
Table No21.1 – Customer satisfaction levels for location
ANALYSIS
The above table shows 40% of respondents are highly satisfied with the location & 60% of
respondents are satisfied with the location & 0% are dissatisfied and 0% none
Location No of Customers
INTERPRETATION
From the above graph we can decide that 40% of the customers satisfaction level is highly
satisfied on the basis of location of Big Bazaar & 60% of the customers satisfaction level is
satisfied on the basis of location and customers no One’s satisfaction level is dissatisfied are
none
62
Table No21.2 – Customer satisfaction levels for Operating time
ANALYSIS
The above table shows 32% of respondents are highly satisfied with the operating time & 67% of
respondents are satisfied with the operating time & 1% are dissatisfied and 0% none
DISSATISFIED 1%
SATISFIED 67%
INTERPRETATION
From the above graph that 32% of customers are Highly satisfied with operating time of Big
Bazaar & 67% of customers are satisfied with operating time & 1% of are dissatisfied and no one
of customers are none. Hence we conclude that customers are satisfied with operating time of
Big Bazaar
63
Table No21.3 – Customer satisfaction levels for Cleanness of store
ANALYSIS
The above table shows 41% of respondents are highly satisfied with the Cleanness of store &
57% of respondents are satisfied with the cleanness of the store 2% are dissatisfied and 0% none
2% Highly Satisfied
41% Satisfied
57% Dissatisfied
None
INTERPRETATION
From the above graph that 41% of customers are Highly satisfied with cleanness of Big Bazaar
& 57% of customers are satisfied with cleanness of Big Bazaar & 2% of are dissatisfied and no
one of customers are none. Hence we conclude that customers are satisfied with cleanness of Big
Bazaar
64
Table No21.4 – Customer satisfaction levels for Spacious shop floor
ANALYSIS
The above table shows 40% of respondents are highly satisfied with the spacious shop floor &
56% of respondents are satisfied with the cleanness of the store 4% are dissatisfied and 0% none
Chart No21.4 – Showing Customer Satisfaction levels for Easy to locate any product
Dissatisfied 4%
Satisfied 56%
INTERPRETATION
From the above graph that 40% of customers are Highly satisfied with spacious shop floor at
Big Bazaar & 56% of customers are satisfied with spacious shop floor at Big Bazaar & 4% of are
dissatisfied and no one of customers are none. Hence we conclude that customers are satisfied
with spacious shop floor of Big Bazaar
65
Table No21.5 – Customer satisfaction levels for Easy to locate any product
ANALYSIS
The above table shows 28% of respondents are highly satisfied with the Easy to locate any
product & 58% of respondents are satisfied with the Easy to locate any product & 13% are
dissatisfied and 1% none
Chart No21.5 – Showing Customer Satisfaction levels for Easy to locate any product
INTERPRETATION
From the above graph that 28% of customers are highly satisfied with easy to locate any product
at Big Bazaar & 58% of customers are satisfied with easy to locate product at Big Bazaar & 13%
of are dissatisfied and remaining 1% of customers are none. Hence we conclude that customers
are satisfied with Easy to locate any product of Big Bazaar
66
Table No21.6 – Customer satisfaction levels for Promotion Offers
ANALYSIS
The above table shows 22% of respondents are highly satisfied with the promotion offers & 72%
of respondents are satisfied with the Easy to promotion offers & 5% are dissatisfied and 1% none
INTERPRETATION
From the above graph that 22% of customers are Highly satisfied with promotion offers given by
Big Bazaar & 72% of customers are satisfied with promotion offers given by Big Bazaar & 5%
of are dissatisfied and 1% none. Hence we conclude that customers are satisfied with promotion
offers given by Big Bazaar
67
Table No21.7 – Customer satisfaction levels for Prices of products
ANALYSIS
The above table shows 22% of respondents are highly satisfied with prices of products & 75% of
respondents are satisfied with prices of products & 2% are dissatisfied and 1% none
60%
40% 22%
20%
2% 1%
0%
Highly Satisfied Satisfied Dissatisfied None
INTERPRETATION
From the above graph we can interpret that 22% of customers are Highly satisfied with prices of
products at Big Bazaar & 75% of customers are satisfied with prices of products at Big Bazaar &
2% of are dissatisfied and remaining 1% customers none. Hence we conclude that customers are
satisfied with prices of products at Big Bazaar
68
Table No21.8 – Customer satisfaction levels for Flexibility in payment
ANALYSIS
The above table shows 17% of respondents are highly satisfied with the flexibility in payment &
56% of respondents are satisfied with the flexibility in payment & 22% are dissatisfied and 5%
none
INTERPRETATION
From the above graph we can interpret that 17% of customers are Highly satisfied with flexibility
in payment at Big Bazaar & 56% of customers are satisfied with flexibility in payment at Big
Bazaar & 22% of are dissatisfied and remaining 5% customers none. Hence we conclude that
majority of customers are satisfied with flexibility at Big Bazaar
69
Table No21.9 – Customer satisfaction levels for Services in customer Seva desk
ANALYSIS
The above table shows 17% of respondents are highly satisfied with the services in customer
seva desk & 43% of respondents are satisfied with the services in customer seva desk & 29% are
dissatisfied and 11% none
Chart No21.9– Showing Customer Satisfaction levels for Services in customer Seva desk
INTERPRETATION
From the above graph we can interpret that 17% of customers are Highly satisfied with the services
in customer seva desk at Big Bazaar & 43% of customers are satisfied with the services in customer
seva desk at Big Bazaar & 29% of are dissatisfied and remaining 11% customers none. Hence
29% of customers are dissatisfied we conclude that Big Bazaar should improve the services at
customer seva desk
70
Questionnaire
Dear Sir/Madam,
I, Mr.Athaullah, perusing 2nd year MBA in M.S. Ramaiah Management Institute, conducting a
research survey on study of “Consumer behavior towards Big Bazaar” as part of partial fulfilme nt
of my MBA course. I request you to spare few minutes of valuable time in filling the questionna ire.
Your response in this regard shall be of great input for the act of which I shall be thankful to you.
Q2) Age:
(a) Less than 25 (b) 25 - 35 (c) 36 - 45 (d) 46 – 55
(e) 56 and above
Q4) Income:
(a) Less than 10000 (b) 10000-20000 (c) 20000-30000
(d) 30000-40000 (e) 40000-50000 (f) 50000 and above
71
(d) Vegetables and fruits (e) Electronics (E-Zone) (f) Utensils and Crockery
(g) Any Other, Please specify ……………………………………………………….
Q8) What is the reason behind Purchasing in Big Bazaar?
(a) Satisfaction of products (b) Reasonable price (c) More and good Offers
(d) Extra facilities provided by Big Bazaar (Free home delivery, Delivery on call, free
cutting of fruits and vegetables)
Q9) How often do you ask for Assistance from staff while purchasing?
(a) Almost always (b) Frequently (c) Sometimes (d) Never
Q12) Which place you like the most for shopping in the City and why?
(a) Big Bazaar (b) Star Bazaar (c) Reliance trends/fresh
(d) Malls (e) Preferred Showrooms
Q13) Which of the facilities are you making use of in Big Bazaar?
(a) Membership Card (b) Payback Card (c) Gift Vouchers
(d) T24 Mobile currency offer
72
Q16) Do you suggest any one to shop at Big Bazaar? If NO why?
(a) Yes (b) No
Q19) Which source of advertisements made you to purchase / attracted you to Big Bazaar?
(a) TV-ads (b) Newspapers (c) Radio
(d) Internet Popups (e) Prints (f) Any Other, Please specify …………….
Q20) Which source of adverting do you think that can reach easily to customers?
(a) TV-ads (b) Newspapers (c) Internet (d) Mobile
73
FINDINGS
From the responses of 100 customers the findings can be listed as:
As per the findings 77% of male customers are come to Big Bazaar for shopping
The customers who are mainly age group of 25-35 years are shopping at Big Bazaar
As per the findings, Majority of customers of income level less than 30000 visit to Big
Bazaar
As per findings, Majority of the respondents are visits Big Bazaar once in a week. By
this, we can say that most of the customers are coming to Big Bazaar regularly
As per findings, Majority of the respondents are purchasing for the purpose of personal
usage and regular home usage
As per findings , 65% of customer prefer in Big Bazaar for more and good offers
As per findings, most of the respondents are taking assistance from the store staff during
purchase period. We can say that customers take assistance from staff when they
shopping in Big Bazaar
Majority of the customers are rate for reasonable pricing in Big Bazaar
As per the findings, majority of the customers choose the Big Bazaar for the availability
of variety of products as well as offers and discounts
Majority of the respondents are interested to visit Big Bazaar when compare to other
All most all customers said there overall experience is good at Big Bazaar
74
As per the findings, almost all of 96% of the respondents are recommended to others for
shopping in Big Bazaar
As per findings, as must as 76% of the respondents to suggest the Big Bazaar to give
more offers and discounts
As per findings majority of customers are having awareness of Big Bazaar from
advertisement
As per finding, majority of 81% of customers are attracted to Big Bazaar by TV-ads
Majority of customers suggested Big Bazaar that TV-ads can reach easily to customers
75
RECOMMENDATIONS
As attempt has been made to suggest to the Big Bazaar a few measures. These suggestions have
been made within the preview of the data available
1) The company has to conduct the periodical meeting with customers and take their
valuable suggestion
2) The company may adopt policy of payback cards and gifts to customers while purchasing
the products
3) The store staff should be trained adequately so as to convince the potential buyers,
because his performance on jobs has great impact on sale of the products
4) Most of the customers belongs to age group of less than 25 years. So, company hasI to
concentrate on those people to enhance the sales
5) Moreover, the company has to concentrate more on the customers of age group 25-35
years to enhance the sales
6) Big Bazaar should provide more offers and discounts to attract new customers
7) The company should go with TV-ads and newspaper in order to reach customers
76
CONCLUSIONS
The study has basically helped to know the Customer behavior towards Big Bazaar and what
influence people shop at Big Bazaar. Most of the consumers are influenced by the offers and price
discounts in Big Bazaar. Big Bazaar has great offers for their customer that acts as the motivating
actor, which brings customer to Big Bazaar.
The majority of consumers’ perception is almost all the products are available at one roof with one
stop shopping experience. Customers shop more in the Food Bazaar and Clothing in Big Bazaar.
Customers feel that big bazaar has variety of products available in various departments. Customer
feels that shopping with Big Bazaar is convenient.
The more than 72% of customers prefer to shop on Wednesday Bazaar compared to other offer
days
77
BIBLIOGRAPHY
Text Books
Websites:
www.consumerbehavior.com
www.bigbazaar.com
www.panthalone.com
www.futuregroup.com
78