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SESSION- 2018-19
SATISFACTION AT BIG BAZAAR, BAREILLY” was sincerely done, during the period from
2019. The study has been undertaken in partial fulfillment for the Degree of Master of Business
I also declare that this project has not been submitted to any other institutions or
university.
NISHA CHAUHAN
ACKNOWLEDGEMENT
field of interest and also my guide who gave his endeavour help and
and co- guides DR. MANJULA SINGH and DR. PRIYANKA RASTOGI
whenever required.
of his endeavour.
NISHA CHAUHAN
CHAPTER -1 INTRODUCTION
INTRODUCTION
INDUSTRY PROFILE
REVIEW OF LITERATURE
RESEARCH DESIGN
RESEARCH METHOD
SAMPLE SIZE
DATA ANALYSIS
OBSERVATION
ANALYSIS
CHECK
CHAPTER-5
SUMMARY OF FINDINGS,SUGGESTIONS &
CONCLUSION
SUMMARY OF FINDINGS
SWOT ANALYSIS
SUGGESTION
CONCLUSION
BIBLIOGRAPHY
ANNEXURE
Big Bazaar ,bareilly
CHAPTER-1
INTRODUCTION
INTRODUCTION
The company's ability to fulfill the business, emotional, and psychological needs of its
customers;
Quality of service delivery expected by the customers.
An internal drive to satisfy an unsatisfied need of customer.
Providing good service in a pleasant manner and meeting the customer's expectations;
The measure of the degree to which a product or service meets the customer's
expectations;
Comparison of expectations versus actual experience.
Most companies say that they believe in great customer service, but few set up a system to
ensure that they provide it. To deliver excellent customer service takes both understanding what
your customers want and the way to see that they receive it.
It is widely accepted that it is almost five times more profitable to sell to an existing customer
than to find a new customer. More important, the difference between satisfied customers and
very satisfied customers can make a big difference in customer repeat business and the profits.
Measuring client satisfaction is very important and distinguishing between degrees of
satisfaction by using customer surveys is crucial.
Measuring Customer Satisfaction
There are several ways to gather input from customers. The simplest way to find out how
customers feel and what they want is to ask them. If you have only 20 customers, you can talk to
each one personally. The advantage of this approach is that you'll get a personal "feel" for each
customer.
The disadvantage is that you'll gather different information from each customer depending on
how the conversation goes.
Customer surveys with standardized survey question insure that you will collect the same
information from everyone. Remember that few of your customers will be interested in "filling
out a questionnaire". It's work for them without much reward. By launching a customer survey as
an attempt to find out "how we can serve you better" -- your customers will feel less put upon.
Here are a few of the possible dimensions that one could measure:
Quality of product
Pricing
Offers and discounts
Staff’s behavior
Complaints or problems
Billing experience
Security’s behavior
Store’s ambience & cleanliness
Overall experience in store
Using satisfaction Surveys to achieve a Competitive advantage
These facts underscore the need to satisfy your current customers so they remain with your
organization. Ensuring their satisfaction is vital to your long-term business survival and
profitability. The technology available to both you and your competitors has made it easier to
duplicate each other’s products or services.
Because of this, it is increasingly difficult to rely on features alone to differentiate yourself from
the competition. Excellent customer satisfaction is one of the few ways to achieve a sustainable
competitive advantage.
Satisfaction (and dissatisfaction) affects your organizations bottom line
Future Value Retail Limited is a wholly owned subsidiary of Pantaloon Retail (India)
Limited. Kishore Biyani is the Managing Director of Pantaloon retail (India) Ltd and the Group
Chief Executive Officier of Future Group. Pantaloons family store, an organized retail sector was
opened in 1997. This was followed by the opening of Big bazaar, a uniquely Indian
hypermarket format that democratized shopping in India.
Big Bazaar was launched in September, 2001 with the opening of its first four stores
in Calcutta,Indore , Bangalore and Hyderabad. Currently, there are 214 stores across 90 cities
and towns in India covering around 16 million sq.ft. of retail space. In Tamil Nadu, Big Bazaar is
designed as an agglomeration of bazaars or Indian markets with clusters offering a wide range of
merchandise including fashion and apparels, food products, general merchandise, furniture,
electronics, books, fast food and leisure and entertainment sections.
Big Bazaar guaranteed that definitely best products offered at the best prices. Over
1,70,000 products under one roof that cater from apparel to general merchandise like Plastics,
Home Furnishings, Utensils, Crockery, Cutlery, Sports Goods, Car Accessories, Books and
Music, Computer Accessories and many, many more.Big Bazaar is the destination where
products available at prices lower than the MRP, setting a new level of standard in price,
convenience and quality, making Big Bazaar, India's favourite shopping destination.
INNOVATIONS:
Wednesday Bazaar -Big Bazaar introduced the Wednesday Bazaar concept and
promoted it as “HafteKaSabseSasta Din”. It was mainly to draw customers to the stores
on Wednesdays, when least number of customers is observed. According to the chain, the
aim of the concept is "to give homemakers the power to save the most and even the stores
in the city don a fresh look to make customers feel that it is their day".
SabseSasta Din- With a desire to achieve sales of Rs 26crores in a one single day, Big
Bazaar introduced the concept of "SabseSasta Din". The idea was to simply create a day
in a year that truly belonged to Big Bazaar. This was launched on January 26, 2006 and
the result was exceptional that police had to come in to control the mammoth crowd. The
concept was such a huge hit that the offer was increased from one day to three days in
2018 (24 to 26 Jan) and to five days in 2019 (22-26 Jan).
MahaBachat- MahaBachat was started off in 2006 as a single day campaign with
attractive promotional offers across all Big Bazaar stores. Over the years it has grown
into a 6 days biannual campaign. It has attractive offers in all its value formats such as
Big Bazaar, ,
Food Section
Kids Section
The Great Exchange Offer-On February 12, 2009 Big Bazaar launched "The Great
Exchange Offer", through with the customers can exchange their old goods in for Big
Bazaar coupons. Later, consumers can redeem these coupons for brand new goods across
the nation.
REVIEW OF LITERATURE
Customer satisfaction
However, although the customer-centered firm seeks to deliver high customer satisfaction
relative to competitors, it does not attempt to maximize customer satisfaction.
A company can always increase customer satisfaction by lowering its price or increasing its
services. But this may result in lower profits. Thus, the purpose of marketing is to generate
customer value profitability. This requires a very delicate balance: The marketer must continue
to generate more customer value and satisfaction but not “give away the house.”
“The gulf between satisfied customers and completely satisfied customers can swallow a
business.
Customer
The question of defining who your customers are seems fairly easy particularly if you have
segmented your market properly and understand who you are trying to satisfy. However subtlety
that frequently goes undetected by many firms is that is that customer set can be divided into two
parts, the apparent customer and the user. The apparent customer is the person or group of people
who decide what product to buy and basically have control over the purse strings. The user is a
person or group who physically uses the product or is the direct recipient of a service.
Satisfaction
As in defining customer above, defining satisfaction also appears simple. However as with
customer there is a subtlety that needs addressing. Satisfaction by most definitions simply means
meeting the customer’s requirement.
Customer satisfaction is a concept that more and more companies are putting at the heart of their
strategy, but for this to be successful they’re needs to be clarity about, what customer satisfaction
means and what needs to happen to drive improvement. Without this, there is a risk that
customer satisfaction becomes little more than a good intention, with confused objectives failing
to address the real issues for customers, one helpful way to look at the problem is to rephrase the
objectives: set the sights on helping the customers meet their goals.
Customer satisfaction can be defined in many different ways. Finding the right way for a
company depends on understanding your customer and on having a clear vision of the role that
customer satisfaction is to play in the strategy. For example, a focus on customer satisfaction can
work alongside existing segmentations to support revenue generation from high value customers
or it can be a company-wide objective rooted in the brand values. For the former, it may be
sufficient to focus on improving customer service, but for the latter a broader definition of
customer satisfaction is necessary, closer akin to corporate reputation.
Whatever the strategy for customer satisfaction, it must at least include getting the basics right.
Failing to achieve this can destroy the reputation as well as losing valuable customers. Every
customer, regardless of their economic worth to the business, has the power to influence –
positively or negatively – a company’s reputation. Once the objectives for the customer
satisfaction strategy are defined there are a number of steps we can take to make sure the focus
on customer satisfaction is effective.
Building a company around Customer Satisfaction
With the increase in customer’s demands and competition it has become a lot more important to
base the entire company on customer service. When doing this one must first realize that every
member of an organization plays an active role in customer service. This includes both external
customers and internal customers within a company.
Customer focused organizations focus both on customer satisfaction and profit. Achieving
customer satisfaction generates the profit. In these organizations top management has frequent
contacts with external customers. The top management uses consultative, participative, and
supportive management styles to get through to the customer. The staff focuses all of its attention
on satisfying the customer’s needs. However, the management’s job is to provide the staff with
support necessary to achieve these goals. The other department and staff in the organization that
do not have direct contact with the external customers deal exclusively with internal customer
satisfaction.
CHAPTER-3
RESEARCH
METHODOLOGY
RESEARCH METHODOLOGY:
MEANING:
Research also starts with question or problem .its purpose is to find answer to question
through the applicants of scientific method it pursuit of the track with the help of the study and
observation.
Research is an active, diligent, and systematic process of inquiry aimed at discovering,
interpreting, and revising facts. This intellectual investigation produces a greater knowledge of
events, behaviors, theories, and laws and makes practical applications possible. The term
research is also used to describe an entire collection of information about a particular subject,
and is usually associated with the output of science and the scientific method
RESEARCH DESIGN:
A frame work or blueprint for conducing for the marketing research project it details
Of the procedures necessary for attaining the information needed to structure ad or solving
Marketing research problem
DESCRIPTIVE RESEARCH:
Descriptive research a type of conclusive research that has as its major objective
The description of something usually mart characteristics or function
SAMPLING SIZE:
Since the degree of accuracy is directly proportional to the sample size, so I had taken a sample
of 100 customers. Since there are different categories of customers and these are less
homogenous so I had taken a large sample
Sampling technique:
The researcher had used convenient sampling method for this research which comes under
Probability sampling technique. In all forms of research, it would be ideal to test the entire
population, but in most cases, the population is just too large that it is impossible to include
every individual. Many researchers prefer this sampling technique because it is fast, easy and the
subjects are readily available since it is based on the convenience of the respondents.
Sampling method
The used the Questionnaire method as a tool of collecting the required data from the samples.
“A Questionnaire is a list of questions sent to a number of persons for them to answer.
The researcher adopted the Questionnaire method for data collection as and all the respondents
are educated and it helps the respondents to give well thought out answers. In this method the
identity of the respondents are kept anonymous and so the respondents will answer truly.
SOURCES OF DATA COLLECTION- Data collected in this project is both collected both
from both primary and secondary sources of data collection which are as follows-
SECONDARY DATA - Secondary sources are the other important sources through which the
data were collected. Includes internet, websites, journals, articles, and the reports maintained by
BIGBAZAR.
DATA ANALYSIS
The data collected will be analyzed by descriptive analysis. The data will then be presented in a
tabular format to be generated by use of SPSS (statistical package for social sciences) computer
program. There will be the use of mean, percentage and frequency. The mean will give the
average of respondents who agree or disagree. The frequency will show how many times a
certain factor appears and the parentage that agreed or disagrees on various issues. Other forms
of data presentation will be the use of graphs, charts.
HYPOTHESIS:
Null Hypothesis (Ho): Big Bazaar products and services satisfy its customer.
Alternate Hypothesis (H1): Big Bazaar product and services do not satisfy its customers.
CHAPTER – 4
FREQUENCY TABLE :
Gender:
male
female
%
Excellent 24
Good 66
fair 8
poor 2
Total 100
poor
2%
fair
8%
excellent
24%
good
66%
2.How do you rate quality &variety of product?
%
Excellent 29
Good 64
fair 4
poor 3
Total 100
fair poor
4% 3% 0%
Excellent
29%
Good
64%
3. How do you rate Big Bazaar offer & discounts?
%
Excellent 16
Good 35
fair 11
poor 6
Very good 32
total 100
fair
11% poor
6%
Good
35% Other
very good
38%
32%
Excellent
16%
0%
4. How do you Rate staff’s behavior?
%
Excellent 34
Good 55
fair 11
poor 0
Total 100
poor fair
0% 11% 0%
Excellent
34%
Good
55%
5. How do you Rate store’s ambience & cleanliness?
%
Excellent 42
Good 51
fair 5
poor 2
Total 100
poor
2% fair 0%
5%
Excellent
42%
Good
51%
6. How do you rate Big Bazaar’s customer service desk and store announcements?
%
Excellent 29
Good 64
fair 4
poor 3
Total 100
,0
Excellent, 18.9
verry good, 37.5
Good, 32.4
poor, 3.1
fair, 8.1
%
Yes 89.5
No 10.5
total 100
50
no, 10.5
0
yes Column1
no
8. How do you rate security’s behaviour?
%
Excellent 29
Good 64
Fair 4
Poor 3
Total 100
poor fair
2% 5% 0%
Excellent
40%
Good
53%
9. Which type of product you mostely like to purchase from Big bazaar store?
home others
appliances 5%
20%
clothes
25%
grocery
50%
CHAPTER -5
FINDINGS , SUGGESTIONS
AND CONCLUSION
FINDINGS
Inferred that 37% of the people says the customer service desk and the in store
announcements are very good and 32.4% are satisfied
Inferred that 24% of the people say the prices are excellent and 67% are satisfied
Inferred that 29% of the people say the quality and variety of the product are excellent
and 65% are satisfied
Inferred that 16% of the people says that the offers and discounts are excellent and only
35% of the people says its good
Inferred that 34.7% of the people says that staff behavior is excellent in the store and
12% wasNeutral and 53.3% people says its good
Factors of customer satisfaction are independent with the type of gender of the customers
SWOT ANALYSIS
STRENGTHS
WEAKNESS
OPPORTUNITY
TG demands segregation of crowd, as there are few places where they can go, Big
Bazaar has a opportunity to be a outing destination.
Huge potential for entertainment in the city e.g. F-123, Sports bar, E-Zone etc.can do
amazing business.
Mood of optimism is creeping in the mind of consumers regarding facilities.
THREATS
The overall sales satisfaction index from the study reveals that the company is
performing very well and customers buying are much satisfied with the service given to
them.
Even though the complaints are minor, the showroom needs to resolve the customer after
purchase service issues in order to achieve customer satisfaction
CONCLUSION
A highlights of the study on customer satisfaction towards the Big Bazaar, BAREILLY
product76% people like our product mostly the provide small scale industries,80%people
accepted our product but some people provide more better sales and services Inferred that 37.8%
of people strongly agree respondents , 37.4% company people agree,20.7% people respondents
to satisfy after sales and services Find out analyzing table mostly 62% the service provide small
scale Industries17%Company have a problem
BIBLOGRAPHY
BOOKS:
Balderjahn, I. (1988). "Personality Variables and Environmental Attitudes as
Predictors of Ecologically Responsible Consumption Patterns." Journal of
Business Research 17(1): 51-56.
WEBSITES:
www.futurebytes.com
www.pantaloon.com
www.retailindia.com
www.google.com
5.5 ANNEXURE
Questionnaire:
Name _________
6. How do you rate Big bazaar’ customer service desk & in-store announcements?
Poor
yes no
9._Whichtype of product you mostely like to purchase from Big bazaar store?