Академический Документы
Профессиональный Документы
Культура Документы
ON CONSUMER ATTITUDE
TOWARDS
PANTALOON FRESH FASHION
SUBMITTED TO
NATIONAL INSTITUTE OF FASHION TECHNOLOGY
BY ANKITA JAIN (GEMM)
1
MEASURE THE EXTEND TO WHICH CUSTOMERS FIND
DISCOUNT AND OTHER AT PANTALOON MORE EXCITING
AND ATTRACTIVE THAN THOSE PROVIDED BY OTHER
RETAIL OUTLET.
2
ACKNOWLEDGEMENT
I would like to extend my heartfelt gratitude to all those who have contributed
towards the successful completion of my minor project. Foremost among them
is Miss. Jagriti Mishra for her helpful and generously extended support and by
sparing her valuable time to guide and suggest us towards completion of this
project.
3
PREFACE
Retailing is going through a transition phase in India. The retail trade sector
comprises of establishments engaged in retailing merchandise, generally
without transformation, and rendering services incidental to the sale of
merchandiser. Retailing process is the final step in the distribution of
merchandise. The corner grocery store, which was the only the choice available
to the consumer, is giving the international formats of retailing. There had a
boom in retail trade in India owing to a gradual increase in the disposable
incomes of the middle class households. More and more players were coming
into retail business to introduce new format like malls, supermarket, discount
store, department stores and traditional looks of bookstores, chemist shops and
furnishing stores.
The traditional food and grocery segment has seen the emergence of
supermarket/ grocery chains ( Food World, Apna Bazaar, Vishal Mega Mart,
Pantaloon, Spencer’s), convenience stores (HP Speed mart) and fast-food chains
(McDonalds, Pizza Hut etc).
4
SUMMARY
This project report throws light on the reasons behind customer’s decision of
choosing Pantaloon for purchase of Apparels and various other products from
Pantaloon. Pantaloon is one of the emerging players in the Indian retail industry
and offers a deep insight into the industry.
For completion of this report nearby Pantaloon stores i.e. in Law Garden
(Ahmedabad) for conducting survey and fulfillment of questionnaires. A sample
size of 50 was selected due to limitation of time. Among those who were
interviewed consist of housewives, professional, and even college going
students. Though the sample size considered was small but it varied in order to
overcome all the odds. Random stratified sampling method was considered to
be best suited to fulfill the project hypothesis. A structured questionnaire was
constructed in order to measure the responses of respondents on suitable scale
so that they can analyzed on SPSS. Primary data collection was done through
questionnaire and interviews and secondary data collection through company
websites and various previous research reports.
Through survey effect of various factors like ambience of stores, low prices and
convenience came in light and the reason of people choosing Pantaloon over
other retail outlet became clear. Respondents gave many suggestions for
Pantaloon like they should have more Staff especially during Sales, more Sitting
area, more variety etc. Feeding the data into SPSS for analysis gave interesting
result which have been compiled and tabulated in this report.
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TABLES OF CONTENTS
Acknowledgement
Preface
Summary
1. Introduction
2. Company Profile
2.3 Competition
4. Pantaloon Strategy
5. Visual Merchandise
6. Royalty Program
7. Data Analysis
8. Research Methodology
9. SWOT Analysis
13. Annexure
13.1 Questionnaire
13.2 Bibliography
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1.INTRODUCTION
1.1 INDUSTRY OVERVIEW
RETAIL
RETAILING IN INDIA
The India retail industry is the fifth largest in the world. Comprising of
organized and unorganized sectors, India retail industry is one of the fastest
growing industries in India, especially over last few years. Though initially, the
retail industry in India was mostly unorganized, however with the change of
tastes and preference of the consumers, the industry is getting more popular
these days and getting organized also. With growing market demand, India’s
retail market valued at US$ 350 billion in 2009 and US$ 427 billion in 2010.
The retail industry is expected to grow 13% in 2011.
As a democratic country with high growth rates, consumer spending has risen
sharply as the youth population ( more than 33% of the country is below the age
of 15) has seen a significant increase in its disposable income. Consumer
spending rose an impressive 75% in the past four years alone. Organised retail,
which accounts for almost 5% of the market, is expected to grow at a CAGR of
40% from US$ 20 billion in 2007 to US$ 107 billion by 2013.
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1.2 MARKET SEGMENT
The Retail Sector is definitely witnessing a growth phase and everyone want to
make their presence felt in order to take their share of this huge pie. Take a
gourmet trip-dig in to sample the depth and breadth of this amazing sector.
Furniture – 10%
Food – 8%
Telecom – 45
Fashion – 2%
Fashion Accessories – 1%
8
1.3RETAIL FORMATS IN INDIA
9
Format Description Example
Pantaloon Retail forayed into modern retail in 1997 with the launching of
fashion chain, Pantaloon in Gariahat (Kolkata) In 2001,it launched Big Bazaar,
a hypermarket chain that combines the look and feel of Indian bazaar, with
aspects of modern retail, like chice, convenience and hygiene. This was
followed by Food Bazzar, food and grocery chain and launch Central, a first of
its kind seamless mall located in the heart of major Indian cities. Some of the
company’s other format include, Home Town (home products), Depot (books,
music, gifts and stationery) Shoe Factory (footwear) , Brand Factory (fashion
apperal of different brands), Blue Sky (fashion accessories), All (fashion
apperal for plus-size individuals), Navras andStar and Sitara ( beauty),
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Ethnicity( traditional fashion apperal), E-Zone (consumer electronic), Future
Bazaar (etailing venture as futurebazaar.com).
FUTURE GROUP
Pantaloon Retail is flagship enterprise of the Future Group, which is positioned
to cater the entire Indian consumption space. The Future Group operates
through six verticals; Future Retail (encompassing all retail businesses), Future
Capital (financial products and services), Future Brand (management of retail
real estate), Future Logistics (management of supply chain and distribution) and
Future Media (development and management of retail media).
Future Capital Holding, the group’s financial arm, focuses on asset management
and consumer finance. It manages two real estate investment funds (Horizon
and Kshitiji) and consumer-related private equity fund, indivision. It also plans
to get into insurance, consumer credit and other consumer-related financial
product and services in the near future.
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PANTALOONS FRESH FASHION
Celebrate the Fresh Look, Fresh Feel & Fresh Attitude at Pantaloon Fresh
Fashion!
Fashion is all about the now. Why, then should people not see a fresh look
every time they walk into a Pantaloon stores? That is the thought behind the
‘Fresh Fashion’. An idea that has captured the imagination of young India. With
a focus on the youth of today, Pantaloons offers trendy and hip fashion that
defines the hopes and aspirations of this demography. It stand out as a fashion
trendsetter, on the lines of how fashion is followed internationally. The ‘look’
and ‘what’s in’ today for the season is sacrosanct.
Pantaloons takes its promise of ‘fresh fashion’ very seriously making available
to its customers the latest in fashion every week. All Pantaloon stores reflect the
new ideology – Fresh Feeling, Fresh Attitude, Fresh Fashion. The stores offer
fresh collections and are visually stimulating thanks to appealing interiors and
attractive product display!
The first was open in Gariahat in 1997. Over the years, it has undergone several
transitions. When it was launched, this stores mostly sold external brands.
Gradually, it started retailing a mix of external brands while at the same time
introduced its own private brands. Initially positioned as a family stores, it
finally veered towards becoming a fashion stores with an emphasis on ‘youth’
and clear focus on ‘fresh fashion’. Pantaloon was awarded as the ‘Most
Admired Private Label Awards’ at Images Fashion Forum 2009. Pantaloon has
45 Departmental Store in 24 cities and total retail space is 12.07,78 sq ft
Today,s the fashion store extends to almost all the major cities across the
country. Pantaloon have established its presence with stores not just in the
metros, but also in smaller towns. Pantaloons stores have a wide variety of
categories like casualwear, ethnicwear. Formalwear, partywear andsportswear
for Men, Women and Kids.
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2.1 MAJOR MILESTONES
1992: Intial public offer (IPO) was made in the month of May.
2001: Big Bazaar, ‘Is se sasta aur accha kahi nahin’ – India’s first hypermarket
chain launched.
2004: Central – ‘Shop, Eat, Celebrate In The Heart Of Our City’ – India’s first
seamless mall is launched in Banglore.
2006: Home Town was launched along with consumer durables format, E-Zone
and furniture chain, Furniture Bazaar.
14
2007: Future Group crosses US$ 1 billion turnover marks.
15
2.2LINE OF BUSINESS
17
Central Operational Seamless malls
Footwear Bazaar Operational Footwear &
Accessories
Navarasa Operational Gold jewellery
Pantaloon Operational Department store
Shoe Factory Operational Footwear &
accessories
2.3 COMPETITION
In the fashion segment, they face competition from Shoppers Stop, Vishal Mega
Mart, Reliance Trendz, Trent, Westside and Lifestyle. Though the hypermarket
is new only three to four years old in the country competition is faced from likes
RPG (Spencer's), Trent (Star India Bazaar) and with Shoppers Stop.Several
other outlets which are giving competition to Pantaloon are Koutons, Charlie
outlaw, Cantabil , etc.
Another competitor may prove to be a very potential, which is going to enter in
the Indian market, and it is the WALL- MART coming to India, in partnership
with Bharti.
2.4MERCHANDISE MIX
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Pantaloon has a wide range of products in its store- Men Casuals, Formals,
Sports wear, Undergarments , Ethnic Wear, Children cloths, Girls and Ladies
casual and Formals, Jeans and sports wear, traditional wear, Toys, Footwear,
Cosmetics, Perfumes, Deodorants, Sunglasses, Wrist Watches, and Jewellery.
Some brands are stated above others are:
19
It is believed that the following are Pantaloon principal competitive strengths
which have contributed to Pantaloon current position in the retail sector in
India:
Pantaloon stores and distribution centers are spread in various parts and regions
of the country. This has not only enabled Company to build Pantaloon brand
value but also facilitated us to explore cost-effective sourcing from different
locations, identify potential markets and efficiently establish new stores in
different locations. An aggregate of 40 of 46 of Pantaloon existing stores are
located in Tier II and Tier III cities, which, Group/Company believe, enables it
to capture market share in locations where a majority of Pantaloon target
customers are located.
Company believe that Company possess the ability to identify locations with
potential for growth, in particular in Tier II and Tier III cities. Company have an
exclusive site identification and assessment team, which undertakes systematic
analysis of the business prospects, taking into account factors such as
population, literacy levels, nature of occupation, income levels, accessibility,
basic infrastructure and establishment and running costs. Further Company have
a dedicated warehouse for the purposes of storing the materials essential for
setting up of new stores.
21
Company have an experienced management team which is complemented by a
commited workforce. Pantaloon management team comprises of talented
professionals who are experience in the retail sector. This has assisted us in
effective management of Pantaloon stores. Company belive Company have
created the right balance of performance bonuses and other incentives for
Pantaloon employees.
4. PANTALOON STRATEGY
22
The company observes retail customer trend and changing consumption
tastes.Organization is customer driven opposed to product driven .Company is
very conscious about culture and regional consumption pattern. Strategies
change frequently due to orient to the customer’s needs. The continues of
learning, unlearning and relearning is applied to update the quick changing
strategies across the organization. As Kishore Biyani MD Pantaloon Retail
India LTD says “Retail is like riding bicycle. In uphill if you stop pedaling
you will slide down”. The statement express the need of continues learning
process to form the strategies. Based on analysis its business strategies can be
categorized in 3 major groups. They are
Diversification strategy
Classes destination strategy
Maximum market shares strategy
Diversification strategy
The company started its business as textile manufactures but growth in modern
organized retailing attracted the company to switch diversify to the next
consumption pattern. The company diversified and acquired a large business in
organic and inorganic way. But company did not forget ripe its strategy and
values in the diversified company.
23
Business diversification of Pantaloon retail
24
than INDIA ONE. For this class as the big bazaar, Food bazaar, Future money
and other retail formats are presented.
INDIA TWO or struggling class. The class led life on hand to mouth existence.
They can’t afford for better living style. This segment doesn’t contribute much
in the contribution cycle. The need of the segment is local as they are finding it
cheaper. The present business model is not addressing this class.
25
• Value pricing
This approach is used where external factors such as recession or
increased competition force companies to provide 'value' products and
services to retain sales. The product value will be associated with external
factors.
Promotional pricing
Pricing to promote a product is a very common application. The
application of this done by BOGO (Buy one Get One), BTGO (Buy Two
Get One Free) etc.
Low interest rate financing
Future money helps in asset purchase at 0% interest.
Physiological discounting
In India this approach is called as Bata rating system. Organization
utilizes this approach when product has emotional value rather than
rational value. Example a product is priced for 99 instead of 100.When
board shows price reduction from 100 to 99, Consumer looks at 3 digits
to 2 digits rather than exact value.
Time pricing
The innovative way of attract the customer is Timely pricing it is known
that during holidays rate of customer is more. Reduction of profit margin
with lot of advertisement will invite new customers. The company has
learnt it from strategy made on public holiday 26-Jan. When the turnover
of the day reached 30 cores where average is 5 cores.
Bundling
Marketing: Technique of offering two or more complementary goods or
services together as a package deal. Bundled items are sold at a price
attractively lower than the total of their individual selling prices.
26
5. VISUAL MERCHANDISING
Marquees:-
27
An effective marquee must
stand out from the other
businesses to attract customer
Banners:-
Banners can be hung from flagpoles, projected from the building or hung
flat against the exteriors.
Where many signs compete for customer’s attention, design and logo
become more important. They should be unique, noticeable and readable.
28
Atmospheric:-
• Lights
• Music
• Color
• Fragrance
Interior Signage:-
A good sign provides the most information in the fewest possible words
Layout Planning :-
Product Depth:-
29
The number of each item or particular style of a product.
Under one product how many sub-products company provides or how many
varieties company have for that product.
Private labels:-
30
6. LOYALTY PROGRAM
Pantaloon Loyalty Program called Green Card has approximately 13,75,778
member in 2009. This program accounted for approxiametly 54.43% ot the sale
in pantaloon.
1 STAR: To become one star member customers have to give Rs.100 With that
they become one star customer and get Rs.200 discount coupon for next
shopping and 5% discount on Fridays.
7 STARS: If the total purchase crosses Rs.40000 mark then they become 7 star
customers and enjoys 10% discount with additional 5% on Fridays
31
7.ANALYSIS
Q.1WHERE DO YOU LIKE TO SHOP?
* Pantaloon
32
This pie chart shows that 85% of people prefer PANTALOON for purchasing
APPARELS; this may be because of convenience of location, low prices,
discounts or other factors. The reasons of choosing Pantaloons over other retail
outlets are specified later in this research report.
* Only4 15 15 15 70
Only3 30 30 30 100
Total 0 100
100
33
This bar graph shows that most of the respondents (around 55%) have visited
All 5 Retail outlets. No respondent has visited Only 1 retail outlets. This
question was included in the questionnaire in order to gauge the awareness
among customers of Pantaloon regarding other retail outlets. Analysis shows
that respondents are much aware of the retail outlets.
34
How often do you visit Pantaloons?
F 100
R
80
E
Q 60
U
40
20
0
1-3 times 3-6 times More than 9 times
How often do you visit Pantaloons?
This bar graph shows that around 90% of respondents visit Pantaloons 1-3 times
a month and around 10% of respondents visited Pantaloons 3-6 times a month.
It was observed that respondents, who buy APPARELS from Pantaloons, visit
Pantaloons 1-3 times a month because people are in a habit of buying
APPARELS collectively for some months. Those who visited more than 3 times
a month were there to buy for themselves of for family shopping as they were
green card holders.
35
Do you visit Pantaloon because of variety of Products?
yes
No
This pie chart clearly shows that 90% of respondents visiting Pantaloons are
satisfied with the variety of products available at Pantaloons remaining 10% of
respondents don’t feel that Pantaloons provides variety of products. Majority of
respondents was satisfied with the variety of Apparels and other products.
Valid Cumulative
Frequency Percent Percent Percent
Valid yes 70 70.0 70.0 70.0
No 30 30.0 30.0 100.0
Total 100 100.0 100.0
36
Q.7 This pie chart shows that 70% of respondents find Pantaloons economical
and visit it because of low prices. Remaining 30% of respondents disagree with
the fact that Pantaloons offers low prices than other retail outlets, they find the
pricing strategy of Pantaloons at par with other retail outlets.
Cumulative
Frequency Percent Valid Percent Percent
Valid yes 65 65.0 65.0 65.0
no 35 35.0 35.0 100.0
Total 100 100.0 100.0
37
Do you visit PANTALOON because of PRESTIGE ISSUE ?
NO
YES
Through this pie chart it is clear that 35% of respondents don’t feel for
PANTALOON as a status symbol as the apparels present here, can be shop
from any where as many brands available in market in low cost or comparable
cost, so people don’t think it’s a status symbol. Other 65% feel that purchasing
at pantaloon is a status symbol for them . so for majority it’s a status symbol
Q.9 How much satisfied are you with the services provided by Pantaloons?
Cumulative
Frequency percentage Valid Percent Percent
Valid Very
85 85.0 85.0 85.0
Satisfied
Satisfied 5 5.0 5.0 90.0
Can't say 4 5.0 5.0 95.0
Dissatisfied 6 6.0 6.0 100.0
Very
0 0.0 0.0 100.0
Dissatisfied
Total 100 100.0 100.0
38
Rate your satisfaction level of shopping at Pantaloons at 5-
point scale.
Very satisfied
Satisfied
Can’t say
dissatisfied
This pie chart distribution shows that 85% of respondents lie in the max. region
i.e. they are satisfied with the services provided by Pantaloons. Out of
remaining majority of respondents i.e. 4% are neither satisfied nor dissatisfied
which means that while shopping in Pantaloons they never paid attention to the
factors like fast billing or queue of billing etc. Those who were dissatisfied by
Pantaloons complained about sitting area and billing during sales.
Q.10 How much satisfied are you with the Staff at PANTALOON?
Valid Cumulative
Frequency Percent Percent Percent
Valid Very
70 70.0 70.0 70.0
Satisfied
Satisfied 19 19.0 19.0 19.0
Can't say 6 6.0 6.0 6.0
Dissatisfied 5 5.0 5.0 5.0
Very
0 0.0 0.0 100.0
Dissatisfied
Total 100 100.0 100.0
39
How much satisfied are you with the STAFF of Pantaloons?
Very Satisfied
Satisfied
Can't say
Dissatisfied
This pie chart shows that majority of respondents lie in the max. region i.e. 70%
of respondents are very satisfied with the staff of Pantaloons. 19% were not
much but satisfied. 5% of the respondents, who were dissatisfied with the
staff ,complained that the staff was lacking in the technical knowledge of
products and also shortage when sales.
Q.11 How much satisfied are you with the Ambience of PANTALOON?
Valid Cumulative
Frequency Percent Percent Percent
Valid Very
85 85.0 85.0 85.0
Satisfied
Satisfied 10 10.0 10.0 95.0
Can't say 5 5.0 5.0 100.0
Dissatisfied 0 0.0 0.0 100.0
Very
0 0.0 0.0 100.0
Dissatisfied
Total 100 100.0 100.0
40
Rate your satisfaction level of shopping at Pantaloons at 5-
point scale.
Very satisfied
Can’t say
Satisfied
Majority of the Respondents i.e., 85% were satisfied with the Ambience of
Pantaloon, Other 10% were just satisfied. And 5% were indifferent with the
ambience.
Q.12 How much satisfied are you with the Parking space provided by
Pantaloons?
Valid
Frequency Percent Percent Cumulative Percent
Valid Very Satisfied 70 70.0 70.0 70.0
Satisfied 15 15.0 15.0 85.0
Can't say 5 5.0 5.0 90.0
Dissatisfied 10 10.0 10.0 100.0
Total 100 100.0 100.0
41
How much satisfied are you with the parking of PANTALOON?
Very Satisfied
Satisfied
Dissatisfied
Can't say
This pie chart clearly shows that majority of respondents are satisfied with the
parking space provided by Pantaloons. As such Pantaloon didn’t have much of
its own parking space but since it is located in Mall which have ample parking
place so they didn’t find any problem in parking their vehicles. One more
reason that this problem wasn’t able to overshadow Pantaloons’ popularity was
that its location is such that most of the people prefer coming there on feet as it
is on walking distance from their home.
Q. 13. Does Pantaloon have better ambience than other retail outlets?
Valid Cumulative
Frequency Percent Percent Percent
Valid yes 85 85.0 85.0 85
no 15 15.0 15.0 100
Total 100 100.0 100.0
42
Does Pantaloon have more good ambience than other retail
outlets?
100
75
50
Frequency
25
0
NO YES
This bar graph clearly shows that 85% of respondents like the ambience of
Pantaloon. Other 15 were jus satisfied as they think pantaloon can improve
much by providing sitting area .
Q. 14. Does Pantaloon give better discount/offers than other retail outlets?
Cumulative
Frequency Percent Valid Percent Percent
Valid yes 65 65.0 65.0 65.0
no 35 35.0 35.0 100.0
Total 1000 100.0 100.0
43
Does Pantaloon give better discount/offers than other retail
outlets?
yes
no
This pie chart clearly shows that 65% of respondents are satisfied with the
discount or offers provided by Pantaloon. Remaining 35% of respondents don’t
find Pantaloon’s discount attractive, they find it at par with other retail outlets.
Cumulative
Frequency Percent Valid Percent Percent
Valid Rarely 86 86.0 86.0 86.0
Frequentl
10 10.0 10.0 10.0
y
Never 4 4.0 4.0 100.0
Total 20 100.0 100.0
44
How many Times. pantaloon overcrowded
Rarely
Never
Frequently
It was seen that due to ample shopping space 86% of respondents have rarely
seen it overcrowded. Only 10% of respondents said that they have Frequently
seen Pantaloon overcrowded and remaining 4% claimed that they have never
seen Pantaloon overcrowded. This shows that Pantaloon is gaining popularity
very fast and attracting crowd.
Valid Cumulative
Frequency Percent Percent Percent
Valid Go for
purchase that 65 65.0 65.0 65.0
moment.
Wait for
15 15.0 15.0 80.0
sometime
Come next
10 10.0 10.0 90.0
day.
Go to some
other retail 10 10.0 10.0 100.0
outlet.
Total 100 100.0 100.0
45
Pantaloon overcrowded than what you do?
This question was structured in order to observe the effect of Pantaloon stores if
staying overcrowded on respondents. Response to this question was dependent
on the type and occasion for apparel. It shows that majority of the customers
would have gone for purchase if Pantaloon is overcrowded.
Valid Cumulative
Frequency Percent Percent Percent
Valid Very satisfied 85 85.0 85.0 85.0
Satisfied 10.
10 10.0 95.0
0
Dissatisfied 5 5.0 5.0 100.0
Very
0 0.0 0.0 100.0
dissatisfied
Total 100 100.0 100.0
46
SATISFACTION
.
LEVEL IN SHOPPING AT PANTALOON
Strongly Satisfied
Satisfied
Dissatisfied
47
SHOOPING AT. PANTALOON IS EXCITING
AGREE
DISAGREE
CAN”T SAY
This pie chart clearly show that majority of people agree with the fact that
shopping at Pantaloon is an exciting experience. Some 17% are indifferent and
8% are not agree with the fact. They think that pantaloon can make it more
exciting by introducing more offers and other things as said above sitting area,
books corner etc
Valid Cumulative
Frequency
IS SHOPPING AT PANTALOON APercent Percent
JOY FULL EXPERIENCE? Percent
Valid Strongly
35 35.0 35.0 35.0
agree CAN”T SAY
AGREE
48
For this question also a mixed response was observed but majority of people
still fall under the category who Feel shopping at Pantaloon is Joyful. Some
15% were indifferent and 5% were dissatisfied with the fact .
Valid Cumulative
Frequency Percent Percent Percent
Valid Yes 85 85.0 85.0 85.0
No 15 15.0 15.0 100.0
49
Do you think Pantaloon is a complete retail outlet?
100
F
r
e
q 75
u
e
n
50
c
y
25
0
NO YES
Do you think PANTALOON is a complete retail outlet?
This bar graph clearly shows that 80% of respondents feel that Pantaloon is a
complete retail outlet. A very small % i.e. 20% of respondents are Dissatisfied
and said that Pantaloon is a not a complete retail outlet. Majority of respondents
were satisfied with what Pantaloon is and gave a large no. of suggestions which
are discussed later in this report
8.RESEARCH METHODOLOGY
50
A descriptive research design has been followed for this marketing research
which highlights both the qualitative and quantitative aspects of the identified
problem.
PRIMARY DATA
To collect primary data best way is to interact with people directly it can be
through direct interviews and questionnaires. Both these methods have used for
collection of primary data
SECONDARY DATA
Secondary data is collected from Internet and various Literature reviews. As
Pantaloon is daily in news because of its retail business and various event
promotion, so I benefited a lot from articles on net.
SAMPLING PLAN:
Sampling plan for this research project is divided into following four steps:
Sample size:
51
A sample size of 50 respondents was chosen because of time constraint.
Though small sample size but it consists of varied type of respondents so
as to overcome any error at the time of generalization of result.
Sample unit:
Pantaloon store at Law Garden and Gulmohar was chosen as sample unit.
Survey was conducted.
Sample procedure:
Due to time and various other constraints convenience was restored. But
efforts were made to check the accuracy of responses.
Contact method:
52
9. SWOT ANALYSIS
STRENGHT WEAKNESS
High Brand Equity Management Uniform
Brand embossed Customer visit
Large number of variety Multi-diversified business
under one roof Social Difference in all state
Early Start No Bargaining market, no
EDLP (Value pricing) interaction of customer for value
Prime Location pricing
Promotional Strategy
OPPORTUNITY THREAT
Increasing interest in Increasing Competition
organized retailing Government Policy
Changing consumer prefernce Unrecognized modern
Demographical advantage retailing
29 states, 12 different Local politics
languages, 72 festivals Resistance from small retailer
Young country 60% below 30
yr of age Enterance to International
Players
Booming Retail Industry
53
10. SCOPE AND LIMITATIONS
Scope
This research will help Pantaloon to identify their competitors in Delhi and
above all the areas in which they can have an edge on them.
Pantaloon gives various discounts and offers. This report will also help in
knowing whether various discounts and offers given by Pantaloon are enough for
attracting customers or not.
This research will also be helpful in knowing the loyalty of customers
towards Pantaloon. By Green card status we can get an idea about it.
Very general attributes of customers like visits per month, importance
given to attributes like ambience, parking also become clear.
Limitations:
This project report suffers from following limitations:
54
11. RESEARCH FINDING
This research helped us identify following problems where Pantaloon has an
immense scope of improvement:
Ladies complaint about jeweler variety is not there, Traditional wear should
have more variety, and Footwear.
Location was one of the main reason which attracted people towards
Pantaloon as it was situated just in the Mall and it took less time for majority
of respondents to reach Pantaloon.
Some respondents’ complaint that there should be sitting space for ladies
child and old age people and it was worked out during the project itself.
Some respondents demanded book corner should be there. And there should
be ample staff and billing counter during sales to handle the huge no. of
customers.
56
CONCLUSION
This research report aims to study consumer attitude towards Pantaloon and
highlights its strengths and weaknesses in order that Pantaloon can fight the
competition in a better way. Though Pantaloon captures a different market and
is giving competition to big players like Shopper’s stop,Westside and Lifestyle.
57
13. ANNEXURE
Dear Respondent,
Q3. How many of the following retail outlets you have visited?
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Q4. How often you visit Pantaloon in a month?
1. 1-3 times
2. 3-6 times
3. 6-9times
4. more than 9
Yes No
1. variety of products
2. low prices
3. convenience of location
4. status symbol
5. others
If others then please specify _________________
Q6 How would you rate Pantaloon on 5-point scale based on following listed
attributes?
1 2 3 4 5
Services
Staff
Ambience
Location
Parking
Q7. In which area you feel Pantaloon has an edge over other retail outlets?
Yes No
1. Ambience / Infrastructure
2. location
3. Discount / other offers
4. Any other attribute, specify __________________
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Q8. How many times have you seen Pantaloon overcrowded?
1. rarely
2. frequently
3. never
1 2 3 4 5
1. Satisfactory
2. Exciting
3. Joyful
4. Value for money
5. Tiring
1. yes
2. no
If no then please give your suggestions
___________________________________________________________
___________________________________________________________
___________________________________________________________
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Please fill your details
Name:
Ph. No.:
61
13.2 BIBLIOGRAPHY
www.pantaloonretail.com
www.indiaretailing.com
www.tradingeconomic.com
www.govin.com
www.indiancensus.com
www.google.com
www.wikepedia.com
www.amazon.com
www.OECD.COM
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