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Research methodology
By :
Arunima Singh
Jagriti Singh
 TITLE : Comparative analysis of spotlight and
wannabe stores of MAX Lifestyle in
Bengaluru.
 Comparison based on the performances of Spotlight and Wannabe stores
of Max.
 To study the customer behaviour with respect to layout.
 To observe the sales compared to target in these stores.
 To observe the difference in sales in these stores and come up with
probable solutions.
 11 Max stores in Bangalore
 Spotlight stores : located in areas of prominence and has
maximum footfall
 Wannabe stores :
◦ stores which want to match up to the level of spotlight
stores in terms of sales and customer satisfaction
◦ Constraints: locale, demography , shopping behaviour of
customers and layout.
 Key performance indices chosen are non financial.
 Customers’ response and behavior of an organized retail
business are measured.
 Two measurable KPI chosen: one is the space allocation and
layout of a particular concept and the other is the
arrangement of various categories within that concept of the
store.
 Measuring criteria of the KPI: customer behavior and
satisfaction.
 Sales compared to target.
 Sales compared to last year.
 Sales per square foot.
 Wage cost
 Average sale per customer/
transaction
 Units per customer/
transaction
 Conversion rate
 Sales per hour (for store or
associate)
 Time spent in the store
 Purpose: To evaluate the retail store in terms of sales with
the help of KPIs and the overall customer experience.
 Data required:
◦ Customer tracking
◦ Analysis of data through interviews and questionnaires
 Tracking:
◦ observation made by following customer movement
◦ observe (unobtrusively) their browsing and purchasing
patterns
◦ detailed notes of how long they spend in each area of the
store, what they touch and look at, what they buy, how
much they spend, etc.
 Types of shoppers’ interview/questionnaire:
◦ Store entrance interview/questionnaire
◦ Point of purchase interview/questionnaire
◦ Exit interview/questionnaire
 Locale – various stores of Max in Bengaluru.
 Sample – customers visiting the Spotlight and
Wannabe stores (both browsers and buyers).
 Sample selection technique – it is purely random;
Convenience sampling.
 Data collection tool - collected by the aid of:
 Tracking
 Interviews (unstructured) for the concept manager of the
store and sales persons.
 Questionnaire
◦ Store entrance
◦ Point of purchase
◦ Exit
 Internet
 Retail management books and magazines
 Company documents and records
 Charts
 Graphs
Data analysis 4 week
Project Implement 4week
Observation analysis 4week
Documentation 2week
Total 14weeks
 Why We Buy – The Science of Shopping by Paco Underhill
 http://www.ccsb.ro/services/quantitative-research/exit-
interviewing/
 http://www.dmsretail.com/kpi’s.htm
 http://www.retailcustomerexperience.com/whitepapers/164
3/Top-10-Customer-Satisfaction-Survey-Best-Practices
 Graduation project report: GPR 982
Thank you
BIBLIOGRAPHY
“The Textile Industry’-Economy Watch-Economy, Investment and Finance
Reports -
http://www.economywatch.com/business-and-economy/textile-
industry.html

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research proposal

  • 1. Research methodology By : Arunima Singh Jagriti Singh
  • 2.  TITLE : Comparative analysis of spotlight and wannabe stores of MAX Lifestyle in Bengaluru.
  • 3.  Comparison based on the performances of Spotlight and Wannabe stores of Max.  To study the customer behaviour with respect to layout.  To observe the sales compared to target in these stores.  To observe the difference in sales in these stores and come up with probable solutions.
  • 4.
  • 5.  11 Max stores in Bangalore  Spotlight stores : located in areas of prominence and has maximum footfall  Wannabe stores : ◦ stores which want to match up to the level of spotlight stores in terms of sales and customer satisfaction ◦ Constraints: locale, demography , shopping behaviour of customers and layout.
  • 6.  Key performance indices chosen are non financial.  Customers’ response and behavior of an organized retail business are measured.  Two measurable KPI chosen: one is the space allocation and layout of a particular concept and the other is the arrangement of various categories within that concept of the store.  Measuring criteria of the KPI: customer behavior and satisfaction.
  • 7.  Sales compared to target.  Sales compared to last year.  Sales per square foot.  Wage cost  Average sale per customer/ transaction  Units per customer/ transaction  Conversion rate  Sales per hour (for store or associate)  Time spent in the store
  • 8.
  • 9.  Purpose: To evaluate the retail store in terms of sales with the help of KPIs and the overall customer experience.  Data required: ◦ Customer tracking ◦ Analysis of data through interviews and questionnaires
  • 10.  Tracking: ◦ observation made by following customer movement ◦ observe (unobtrusively) their browsing and purchasing patterns ◦ detailed notes of how long they spend in each area of the store, what they touch and look at, what they buy, how much they spend, etc.  Types of shoppers’ interview/questionnaire: ◦ Store entrance interview/questionnaire ◦ Point of purchase interview/questionnaire ◦ Exit interview/questionnaire
  • 11.  Locale – various stores of Max in Bengaluru.  Sample – customers visiting the Spotlight and Wannabe stores (both browsers and buyers).  Sample selection technique – it is purely random; Convenience sampling.  Data collection tool - collected by the aid of:
  • 12.  Tracking  Interviews (unstructured) for the concept manager of the store and sales persons.  Questionnaire ◦ Store entrance ◦ Point of purchase ◦ Exit
  • 13.  Internet  Retail management books and magazines  Company documents and records
  • 15. Data analysis 4 week Project Implement 4week Observation analysis 4week Documentation 2week Total 14weeks
  • 16.  Why We Buy – The Science of Shopping by Paco Underhill  http://www.ccsb.ro/services/quantitative-research/exit- interviewing/  http://www.dmsretail.com/kpi’s.htm  http://www.retailcustomerexperience.com/whitepapers/164 3/Top-10-Customer-Satisfaction-Survey-Best-Practices  Graduation project report: GPR 982
  • 18. BIBLIOGRAPHY “The Textile Industry’-Economy Watch-Economy, Investment and Finance Reports - http://www.economywatch.com/business-and-economy/textile- industry.html