This document provides a 3-paragraph summary of Subhiksha Trading Services Ltd., a large supermarket, pharmacy, and telecom chain in India. It discusses the company's history starting in 1997 with a single store in Chennai. It has since expanded to over 1,400 stores across 90+ cities. The company's vision is to be the dominant supermarket player built on trust and world-class service. Subhiksha aims to understand customer needs and offer superior products and convenient service while leveraging technology. It has become one of India's largest supermarket chains with over 1 million square feet of retail space across five states.
The cutting edge for business today is e-commerce.It means dealing in goods and services through the electronic media and internet. On the internet, it relates to a website of the vendor, who sells products or services directly to the customer from the portal using a digital shopping cart or digital shopping basket system and allows payment through credit card, debit card or EFT (Electronic fund transfer) payments. E-commerce or E-business involves carrying on a business with the help of the internet and by using the information technology like Electronic Data Interchange (EDI).
The cutting edge for business today is e-commerce.It means dealing in goods and services through the electronic media and internet. On the internet, it relates to a website of the vendor, who sells products or services directly to the customer from the portal using a digital shopping cart or digital shopping basket system and allows payment through credit card, debit card or EFT (Electronic fund transfer) payments. E-commerce or E-business involves carrying on a business with the help of the internet and by using the information technology like Electronic Data Interchange (EDI).
Building Brand Architecture Report- HUL, PatanjaliAditya Deshpande
Building Brand Architecture Sample Report:
Hindustan Unilever Ltd (HUL) vs. Patanjali
1. Introduction
Describes all three elements (each brand, reason for the choice, and learning goals)
2. Brand pyramid
Describes (rather than lists) all five aspects of each brand’s architecture (product attributes, benefits, emotional benefits, personality, core/essence)
3. Brand comparison
Explains in detail three or more similarities and differences between the two brands, analyzes what the comparison reveals about the brands, and describes how each brand serves the company’s goals
4. Brand value/equity
Describes learnings about each brand’s value, and the value of each brand or information needed to determine brand value
5. Sources consulted
Lists sources (websites, articles, etc.) consulted to create this report
Made by Aditya Deshpande
deshadi805@gmail.com
yahama project report , summary on their eveything. research made on yahama in their plant at npida to check the customer satisfation and the company's services
Encouraged by the response to the first presentation, i am putting in my thoughts on the developments and probable future of Subhiksha as they happen. Essentially a sequel to my first presentation. Please feel free to share your comments and views with me
Building Brand Architecture Report- HUL, PatanjaliAditya Deshpande
Building Brand Architecture Sample Report:
Hindustan Unilever Ltd (HUL) vs. Patanjali
1. Introduction
Describes all three elements (each brand, reason for the choice, and learning goals)
2. Brand pyramid
Describes (rather than lists) all five aspects of each brand’s architecture (product attributes, benefits, emotional benefits, personality, core/essence)
3. Brand comparison
Explains in detail three or more similarities and differences between the two brands, analyzes what the comparison reveals about the brands, and describes how each brand serves the company’s goals
4. Brand value/equity
Describes learnings about each brand’s value, and the value of each brand or information needed to determine brand value
5. Sources consulted
Lists sources (websites, articles, etc.) consulted to create this report
Made by Aditya Deshpande
deshadi805@gmail.com
yahama project report , summary on their eveything. research made on yahama in their plant at npida to check the customer satisfation and the company's services
Encouraged by the response to the first presentation, i am putting in my thoughts on the developments and probable future of Subhiksha as they happen. Essentially a sequel to my first presentation. Please feel free to share your comments and views with me
The largest retail value chain of India- Subhiksha, failed. This case analyses some of the reasons for the same.
Largest retail value chain in India with 1600 outlets started in 1997 .
From 150 stores in Sept 2006 all of which were in Tamil Nadu the company grew rapidly to over 1600 stores by Sept 2008 across the country.
The company’s investors included Wipro’s Azim Premji and ICICI Prudential Mutual fund apart from the ESOP Trust.
Started with $8-10000. Turnover in 2008 was $451 million.
Expansion Timeline:
In March 1997 opening of the first retail store in Chennai, with $ 1 million initial investment.
March 99‐ 14 stores in Chennai.
June 2000‐ 50 stores in Chennai, ICICI ventures joins Subhiksha.
June 2002‐ 120 stores in whole of Tamil Nadu.
June 2006‐ 420 stores in other big states in India namely Gujarat, Delhi, Mumbai, Andhra Pradesh and Karnataka.
Feb 2007‐500 stores across country
Dec 2007‐ 1000 stores across India
October 2008‐ 1600 stores across India
RAPID EXPANSION VIA DEBT CAPITAL.
Reasons for the failure:
Expanding the number of stores rapidly without sufficient funds in hand.
Expansion of Stores without adequate system control and IT Support.
Government Intervention.
Lack of strong HR policy and Staff.
Strong Competition.
Over confidence and Aggressiveness.
Learning Outcomes:
Never be too aggressive with your expansion and growth plans unless you have enough finances.
Know your competitors inside out.
Understand your Strengths and Weaknesses and use them efficiently to gain and learn.
Debt Capital though profitable, is the most risky source of finance.
Thank You.
Creation of an on-line survey about Mc Donalds services; after collecting 113 surveys, an analysis of output (SPSS) was conducted in order to understand how critical variables (price, demographics, perceived quality of food, services, brand image) affect overall customer satisfaction
Team Members: Chiara Cilardo, Cristina Munoz Garcia; Azzurra Maria Barausse; Valeria Di Persio D'Agostino
Project Report And Market Survey of McDonald’s- Cbse class 12 Entrepreneurshi...Dan John
I assure you that this project of mine will fetch you a very good score. Attach the pictures provided towards the end of this project on the backside of the page which is adjacent to the relevant page. I have given certain instructions in the project, starting with the word 'Attn'; follow those and remove them before the submission.
Good Luck!!
Organised retailing and consumer perceptions in Indian mid size cities _Big B...Ravi G
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The analysis has revealed that the consumer is satisfied with Big Bazaar and its attributes. However Big Bazaar has not performed well with the customers who are slightly price sensitive. A marketing plan is suggested for Big Bazaar along with other suggestions to face the competition in the near future and the long run. Thus a detailed analysis is presented in the project.
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The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
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1. “LEVEL OF CUSTOMER SATISFACTION
AT SUBHIKSHA”
In partial fulfillment of requirement for
2nd semester of PGDM
Under the supervision of: - Submitted by:-
Dr.RAJIVE KOTHARI BHOMA RAM
(PGDM-2nd Sem.)
-: Submitted to:-
Centurion Institute of Professional Studies
Campus: Sector 18, Kumbha marg, near medical university, Pratap nagar, Sanganer,
Jaipur (Raj.)
(September-2008)
1
2. ACKNOWLEDGEMENT
It is always acknowledged so precious a debt as that of learning. It is
the only debt that is difficult to reply through gratitude. It is indeed a great
opportunity for me to pen down a few lines about people to whom my
acknowledgement is due.
It is my deepest sense of gratitude that I wish place on record my
sincere thanks to RAM NIWASH for providing me this opportunity to make
this project.
I would like to thanks my faculty members at Centurion Institute of
Professional Studies who gave me the useful tips and opened a whole New
World of Knowledge for me.
I also want to thank my friends who extended their cooperation and
were patient at all stages of our work. Especially to Anand Kumawat, Anuj
Jain and Vikash Kumar Swami.
Last but not the least I would like to thanks all those who could not find a
separate name but has help me directly or indirectly.
BHOMA RAM
PGDM- 2nd sem.
Batch-(2007-09)
2
3. EXECUTIVE SUMMARY
This project has been made on the research problem “Level of Customer
Satisfaction at Subhiksha”.
This is a descriptive research study because there is a need to identify level
of customer satisfaction over Price, products and customer service etc.
through customer survey.
For sampling I use probability sampling technique in which I use Area
sampling method which include questionnaire and this questionnaire revels
information about customer satisfaction level on price, product and customer
service etc.
Interrogation through personal interview has been used as a data collection
technique and questionnaire is data collection instrument, which is close-
ended & open ended. After getting these filled from respondents I made
some pie charts. Then the pie charts were analyzed to reach the conclusions.
After analyzing the satisfaction level of customer on price, products and
customer service it has come to know that customers are demanding higher
product quality, fast delivery, better service and lower prices.
3
4. The most important thing which is learned from this project is how to
conduct a research on a particular problem by using different research
methodology techniques.
It helped a lot to apply theoretical knowledge in to the practical life. This
project also helped in improving the communication skills through
interacting with the people in the market.
BHOMA RAM
4
5. CONTENTS
S.no. Chapters Page No.
1 Chapter 1 6-7
Introduction
2. Chapter 2 8-15
Industry profile
3. Chapter 3 16-23
Company profile
4. Chapter 4 24
Research Methodology
5. Chapter 5 25-31
Interpretation of Result
6. Chapter 6 32-33
Conclusions
7. Chapter 7 34-36
Recommendations
8. Annexure – I (Questionnaire) 37-38
9. Bibliography 39
5
6. INTRODUCTION
This project has been made on the research problem “Level of Customer
Satisfaction at Subhiksha”.
The objectives of research are to identify level of customer satisfaction over
Price, products and customer service at Subhiksha stores and accordingly
deliver solution to increase that.
Why and How to Measure Customer Satisfaction?
Most companies say they believe in great customer service, but few set up a
system to insure that they provide it. Delivering great customer service takes
both understanding what your customers want and a way to see that they
receive it.
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.
6
7. Here are a few of the possible dimensions we could measure:
• quality of service
• speed of service
• pricing
• complaints or problems
• trust in your employees
• the closeness of the relationship with contacts in your firm
• types of other services needed
• your positioning in clients' minds
Role or importance of customer survey
Today's competitive marketplace requires every organization to listen
to the voice of its customers. A customer service survey can provide
management with valuable input on both short-term and long-term decision-
making. It can offer critical operational and strategic advantages over the
competition.
Here is a customer satisfaction survey on ‘level of customer satisfaction at
subhiksha stores which includes some information like ‘satisfaction on
price’, goods and customer service.
It measures level of subhiksham card among customers and tells us
awareness about loyalty card and other services
7
8. 2. INDUSTRY PROFILE
RETAILING:-
Distribution of consumer products begins with the producers and ends at the
ultimate consumer. Between the producer and the consumer there is
middleman-the retailer, who links the producer and the ultimate consumers.
Retailing is defined as a conclusive set of activities of steps used to sell a
product or a service to consumers for their personal of family use.
The word ‘retail’ is derived from the French word ‘retailer’ meaning –‘to cut
a price off’ or ‘to break bulk’.
A Retailer is a person, agent, agency, company or organization, which is
instrumental in reaching the goods, merchandise, or services to the ultimate
consumers.
CHARACTERISTICS OF RETAILING:-
There is direct end -user interaction.
It is only point in the value chain to provide a platform for
promotions.
Sales at the retail level are generally in the smaller unit sizes.
Location is a critical factor.
Services are as important as core products.
8
9. FUNCTIONS OF RETAILING:-
Sorting.
Breaking bulk
Holding stock
Additional services
Channel of communication.
Transport & Advertising functions.
CLASSIFICATION OF RETAIL UNITS ON THE FOLLOWING
BASIS:-
Nature of ownership.
Operational structures.
Length and Depth of Merchandise.
Nature of service.
Type of pricing policy.
Type of Retail location.
Method of consumer interaction.
Size
9
10. TYPES OF RETAILING:-
The first is the market, a physical location where buyers and sellers
converge. Usually this is done in town squares, sidewalks or designated
streets and may involve the construction of temporary structures (market
stalls).
The second form is shop or Store Trading. Some shops use 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.
Jewellery) and controlled items like medicine and liquor. Self-service,
where goods may be handled and examined prior to purchase, has become
more common since the 20th century.
A third form of retail is Virtual retail, where products are ordered via mail,
telephone or online without having been examined physically but instead in
a catalog, on television or on a website. Sometimes this kind of retailing
replicates existing retail types such as online shops or virtual marketplaces
such as Amazon.
10
11. RETAILING FORMATS:-
Malls:
The largest form of organized retailing today Located mainly in metro cities,
in proximity to urban outskirts. Ranges from 60,000 sq ft to 7,00,000 sq. ft.
and above. They lend an ideal shopping experience with an amalgamation of
product, service and entertainment, all under a common roof. Examples
include Shoppers Stop, India bulls mega Mart, Pantaloon, Wall mart etc.
Specialty Stores:
Chains such as the Bangalore based Kids Kemp, the Mumbai books retailer
Crossword, RPG's Music World and the Times Group's music chain Planet
M, are focusing on specific market segments and have established
themselves strongly in their sectors.
Discount Stores:
As the name suggests, discount stores or factory outlets, offer discounts on
the MRP through selling in bulk reaching economies of scale or excess stock
left over at the season. The product category can range from a variety of
perishable/ non perishable goods.
Department Stores:
11
12. Large stores ranging from 20000-50000 sq. ft, catering to a variety of
consumer needs. Further classified into localized departments such as
clothing, toys, home, groceries etc. Departmental Stores are expected to take
over the apparel business from exclusive brand showrooms. Among these,
the biggest success is K Raheja's Shoppers Stop, which started in Mumbai
and now has more than seven large stores (over 30,000 sq. ft) across India
and even has its own in store brand for clothes called Stop!.
Hyper marts/Supermarkets:
Large self service outlets, catering to varied shopper needs are termed as
Supermarkets. These are located in or near residential high streets. These
stores today contribute to 30% of all food & grocery organized retail sales.
Super Markets can further be classified in to mini supermarkets typically
1,000 sq ft to 2,000 sq ft and large supermarkets ranging from of 3,500 sq ft
to 5,000 sq ft. having a strong focus on food & grocery and personal sales.
Convenience Stores:
These are relatively small stores 400-2,000 sq. feet located near residential
areas. They stock a limited range of high-turnover convenience products and
are usually open for extended periods during the day, seven days a week.
Prices are slightly higher due to the convenience premium.
MBO’s :
Multi Brand outlets, also known as Category Killers, offer several brands
across a single product category. These usually do well in busy market
places and Metros.
12
13. Present Scenario of Indian Retail Industry:-
The revolution in retailing industry has brought many changes and also
opened door for many Indian as well as foreign players. In a market like
India there is a constant clash between challenges and opportunities but
chances favour those companies that are trying to establish themselves. So to
sustain in a market like India companies have to bring innovative solutions.
Indian market has potential to accommodate many retail players, because
still a small proportion of the pie is organized.
Retailing is still in its infancy in India. In the name of retailing, the
unorganised retailing has dominated the Indian landscape so far.
According to an estimate the unorganized retail sector has 97%
presence whereas the organized accounts for merely 3%.
Industry has already predicted a trillion dollar market in retail sector
in India by 2010.
However, the retail industry in India is undergoing a major shake-up
as the country is witnessing a retail revolution. The old traditional
formats are slowly changing into more complex and bigger formats.
Malls and mega malls are coming up in almost all the places be it –
metros or the smaller cities, across the length and breadth of the
country.
13
14. Both MNCs and Indian firms want to get their share of this
burgeoning pie. Notable in Indian firms are Pantaloons Retail & Big
Bazaar, Trent's Westside, Shopper's stop, Reliance and Subhiksha,
Wills Lifestyle stores, Café Coffee Day, which is present in India in
different retail formats. Wal-Mart stores have just started
operations in India.
Some leading retail coffee chains of the world like Starbucks,
Barnies are planning to expand in a major way in India.
KEY CHALLENGES OF RETAIL INDUSTRY:-
LOCATION:
"Right Place, Right choice". Location is the most important ingredient for
any business that relies on customers, and is typically the prime
consideration in a customers store choice. Locations decisions are harder to
change because retailers have to either make sustainable investments to buy
and develop real estate or commit to long term lease with developers. When
formulating decision about where to locate, the retailer must refer to the
strategic plan:
- Investigate alternative trading areas.
-Determine the type of desirable store location
- Evaluate alternative specific store sites
MERCHANDISE:
The primary goal of the most retailers is to sell the right kind of merchandise
14
15. and nothing is more central to the strategic thrust of the retailing firm.
Merchandising consists of activities involved in acquiring particular goods
and services and making them available at a place, time and quantity that
enable the retailer to reach its goals. Merchandising is perhaps, the most
important function for any retail organization, as it decides what finally goes
on shelf of the store.
PRICING:
Pricing is a crucial strategic variable due to its direct relationship with a
firm's goal and its interaction with other retailing elements. The importance
of pricing decisions is growing because today's customers are looking for
good value when they buy merchandise and services. Price is the easiest and
quickest variable to change.
TARGET AUDIENCE:
"Consumer the prime mover"
"Consumer Pull", however, seems to be the most important driving factor
behind the sustenance of the industry. The purchasing power of the
customers has increased to a great extent, with the influencing the retail
industry to a great extent, a variety of other factors also seem to fuel the
retailing boom.
SCALE OF OPERATIONS:
Scale of operations includes all the supply chain activities, which are carried
out in the business. It is one of the challenges that the Indian retailers are
facing. The cost of business operations is very high in India.
15
16. 3. COMPANY PROFILE
SUBHIKSHA TRADING SERVICES LTD. – An introduction
HISTORY OF THE COMPANY-
Subhiksha is India's largest supermarket, pharmacy and telecom chain.
Started in 1997 as a single store entity in South Chennai, it is now present
nationally with 1400 outlets and spread across more than 90 cities. ICICI
Venture Capital has a 24% stake in Subhiksha.
Derived from the Sanskrit word, Subhiksham or "giver of all good things in
life", Subhiksha was founded by Mr. R. Subramanian, an IIT-Chennai &
IIM-A alumni. His vision to deliver consistently better value to Indian
consumers, has guided Subhiksha to deliver savings to all consumers on
each and every item that they need in their daily lives, 365 days a year,
without any compromise on quality of goods purchased.
16
17. Subhiksha now has the pan Indian presence with stores across Delhi, UP,
Punjab, Haryana, Gujarat, Maharashtra, AP, Karnataka and TN. Today,
it is a multi-locational, professionally managed and vibrant organization that
is poised to change the lives of millions of Indians, faster than ever before!
THE VISION:-
To make Subhiksha, the dominant supermarket player built on
trust by world-class people and service.
This it hopes to achieve by:
Understanding the needs of customers and offering them superior
products and service
Leveraging technology to service customers quickly, efficiently and
conveniently
Developing and implementing superior management and investment
strategies to offer a good satisfaction to their customers.
Providing an enabling environment to foster growth and learning for their
employees
And above all, building transparency in all their dealings.
The success of the company will be founded in its unflinching
commitment to 5 core values -- Integrity, Customer First, Boundary less,
Ownership and Passion. Each of the values describes what the company
stands for, the qualities of the people and the way they work.
17
18. The company believes that they are on the threshold of an exciting new
opportunity, where they can play a significant role in redefining and
reshaping the sector.
THE COMPANY:-
Subhiksha – the Chennai based, no frills, discount retail chain, which
recently hit the 1400-stores mark, has catapulted itself into one of the
country’s largest supermarket chains, with over one million sq. ft. of retail
space, spread across five states of the country.
“The goal of Subhiksha to becoming India’s favorite neighborhood store is
now well on its way. We want to be able to provide customers from all
segments of society, in all parts of the country, with a viable smart shopping
option,” added Subramanian.
Unlike Big Bazaar, its discount, food and grocery, retail counterparts,
Subhiksha believes in setting up non-air conditioned small neighborhood
stores (near the community) measuring around 2,000 sq. ft. in retail space.
As such, while Subhiksha competes with big store chains on regular
discounts, it competes with traditional ‘father and son’ kirana stores on close
proximity to its customers.
18
19. SUBHIKSHA PROMISE:-
Lowest Prices & Great Savings Everyday!
Subhiksha offers all goods at sharply discounted prices so that consumers
can genuinely save in every transaction. Unlike other stores, the low prices
at Subhiksha are not limited to a few goods or to a few specific days.
Customers can get the same discounted prices on all items, on all days and
irrespective of whether they make a small or a big purchase. In fact, the
19
20. discounts and customer savings at Subhiksha are 4-5 times that offered by
other small and big retailers.
PROVIDES WIDE SELECTION OF GOODS:-
Subhiksha offers consumers a wide selection to choose from:
Supermarket
Quality groceries, packaged foods, cosmetics and toiletries, household
provisions etc., sourced from the best brands in India - all available at the
lowest prices.
Fruits and vegetables
A large range of fresh fruits and vegetables is sourced directly from
farms on city outskirts and made available to consumers at very
reasonable prices. Consumers get the freshest produce at the best prices.
Pharmacy
All medicines are made available to consumers at a flat 10% discount.
This is especially helpful for elderly consumers and those who are on
continuous medication.
20
21. Telecom
Subhiksha is now India's largest mobile retailer and offers handsets,
accessories and charge cards from all leading brands including Nokia,
Motorola, Sony Ericsson, LG, Samsung, etc., at the lowest prices. You do
not just get genuine company warranty but also amazing exchange offers
on old phones, spot finance offers and much more.
Guaranteed Delivery
Subhiksha guarantees to deliver the exact product you have selected. In
case you have received a different product, or if the product was
damaged in transit, please contact us within the stipulated time period
and we will ensure that we replace it or refund you for it. Please note, we
will deliver goods within the committed time period, but there could be
occasional delays. We will contact you, in case deliveries are expected to
get delayed.
Simple Return Policy
If you have purchased something at Subhiksha and are not satisfied with
its quality, then you can return the same to us; no questions asked, as
long as it is in its original packaging and accompanied by its invoice. We
will even make the return process simple for you - just contact our call
centre number or nearest Subhiksha outlet from where the stock was
delivered to you and we'll arrange to pick up the product from your
home. Alternately, you could drop it off at the nearest Subhiksha store.
Real Customer Support
For any information that a customer require he could contact our call
centre at 60607777.
21
22. SUBHIKSHA IN PRESENT RETAIL INDUSTRY SCENARIO:-
At a time when big retailers like Reliance Retail and others are facing stiff
resistance for having hit the bottom-line of small time mom-and -pop shops,
a southern stand-alone is using the opportunity to quietly go about its job.
The no-frill retailer Subhiksha has taken the populist route of luring
customers with ‘less money for greater value’ strategy. It’s time to welcome
the socialism in shopping.
The idea is to “welcome a person with dirty slippers with the same zeal as
we greet somebody who has parked his big long car outside the store,” the
fact is that the Rs 3500 crore Subhiksha has nothing but survived the
onslaught of bigger fish in the sea of retail with its stand-alone and low key
format so far.
But victory is still not in sight. The volume game that Subhiksha decided to
play by has its own flip side. Too many stores in vicinity in the same area
are eating into the margins of outlets. So the chain is busy fighting its own
kith and kin. And that is not without having to jostle for space in
competitors’ territory. The problems have only started to surface.
At present, Subhiksha offers discounts in the range of 7 to 10 per cent on
almost every item. The acceptability of the concept of discount retailing has
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23. always been there, but how does Subhiksha manage it so consistently?
Answer is: Unlike mall centric retail outlets where primarily, high-end
customers are in the scheme of things, it has chosen to focus on the middle
class. And for that very reason it cannot afford to ignore the discount part.
To ensure loyalty, consistent low price is the only carrot in this competitive
sector.
And when a retailer aims to dish out discounts of about 10 per cent on every
unit’s MRP, it is imperative to have presence in as many centres as possible,
the only reason for going ubiquitous, “With lesser margins, Subhiksha has
volumes on its side to compensate.”
SUBHIKSHA IN RAJASTHAN:-
Operation of Rajasthan Subhiksha started in March 07. Where in, the
operation team came in the Jaipur first and started searching for good
properties for the outlets. After the regular hard work on 18th Aug.
Subhiksha launched its 4 telecom exclusive outlets in Jaipur. Since than it
never look back.
Telecom exclusive launched was followed by the massive launch of its 4
super market stores on 7 Nov. 2007
In Ajmer, Subhiksha showed it’s presence in the month of Dec. 07, in the
same month Subhiksha started its pharmacy wing in all its super markets.
Now it has one outlet in kishangarh which will be followed by some of the
more stores launch in Alwar, Kota & Udaypur.
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24. RESEARCH METHODOLOGY
Research Problem: - “Level of customer satisfaction at Subhiksha”
Purpose of Research:-
To identify level of customer satisfaction over Price,
products and customer service etc.
Research Design:-
“Descriptive”
To find out the level of customer satisfaction I used Survey research
and experimental research in which I interviewed persons on one to
one basis using a structured questionnaire.
Sampling Design:-
Population: - Walk-in customer and Loyalty card holders.
Sampling Method: - Probability Area sampling method
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25. Sample Size: - 100 customers of Subhiksha
Data collection:-
Instrument: - Questionnaire
Method: - Personal interview
Interpretation of Result
By
Graphical Representation
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26. Satisfaction level on price
6%
23%
71%
23% Customers are very satisfied
71% Customers are somewhat satisfied
6% Customers are dissatisfied
SATISFACTION LEVEL ON PRODUCT QUALITY
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27. 4%
30%
66%
30% are very satisfied with product quality
66% are somewhat satisfied with product quality
4% are somewhat dissatisfied with product quality
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28. 4%
30%
66%
30% are very satisfied with product quality
66% are somewhat satisfied with product quality
4% are somewhat dissatisfied with product quality
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29. satisfaction level on customer
service
47%
53%
53% are very satisfied with customer service
47% are somewhat satisfied with customer service
29
30. AWARENESS ABOUT LOYALTY CARD (SUBHIKSHAM
CARD):-
Customer knows about loyalty card
or not?
36%
64%
64% customer knows about loyalty card
36% customers doesn't know about loyalty card
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32. Awareness about free home
delivery service
28%
72%
72% customers knows about subhiksha's free home
delivery
28% customer doesn't know about subhiksha's free
home delivery
DOES SUBHIKSHA FULFILL CUSTOMERS HOUSEHOLD
REQUIREMENTS:-
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36. Does customer know about 10% dis.
on medicines?
46%
54%
54% customers know about this discount
46% customer doesn’t know about this discount
CONCLUSION
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37. After analyzing the satisfaction level of customer on price, products and
customer service it has come to know that
23% customers are very satisfied, 71% are somewhat satisfied and 6%
are dissatisfied with the price.
30% customers are satisfied, 66% somewhat satisfied and 4% are
dissatisfied with product’s quality.
53% customers are very satisfied and 47% are somewhat satisfied
with customer service of subhiksha.
Awareness about loyalty card- 64% customers aware about loyalty
card and 36% customers are unaware about loyalty cards.
72% customers aware about subhiksha’s free home delivery service
and 28% are unaware.
61% customers are in favour of discount on MRP, where 23% are in
favour of providing various offers on products and 16% required both
things.
69% customers think that subhiksha does not fulfill their household
requirements.
We think that we are getting a measure of customer satisfaction by
tallying the number and types of customer complaints we receive each
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38. period. But in fact, 95% of dissatisfied customers don’t complain; many
may just stop buying.
There is an intimate connection among product and service quality,
customer satisfaction, and company profitability. Higher levels of quality
result in higher levels of customer satisfaction.
Many companies are aiming for high satisfaction because customers who
are just satisfied still find it easy to switch when a better offer comes
along. Those who are highly satisfied are much less ready to switch. High
satisfaction or delight creates an emotional affinity with the brand, not
just a rational preference. The result is high customer loyalty.
Most companies fail to measure individual customer profitability. The
well known 80/20 rule says that the top 20% of the customers may
generate as much as 80% of the company’s profits.
RECOMMENDATIONS
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39. Adopting customer-oriented thinking -
My first recommendation is to adopt customer-oriented thinking which
requires the company to define customer needs from the customer’s point of
view because “a customer is a person who brings us his wants. It is our job
to handle them profitably to him and to ourselves”.
Company should try to adopt some strategies like- Focus on target market,
customer needs, integrated marketing.
Focus on Target market- we know that we cannot satisfy every need
or demand but we can define our target market and try to fill all the
requirements of that market.
Customer needs- Company should take customer oriented thinking
which requires giving chance to customer to think and state about his
or her need. Company can respond to customer’s requests by giving
customers what they want, or what they need. Company should try to
convert somewhat satisfied customer into very satisfied customers.
Company can do this thing if:
Company able to identify the customer’s need and requirements.
The product or service should match customer’s expectations.
I recommend that company must make sure that the customer’s orders
are filled correctly and on time.
Company must stay in touch with customers after the sale to ensure
that they are satisfied and remain satisfied.
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40. Company must gather customer ideas for product and service
improvements and convey them to the appropriate company
departments.
Integrated marketing- The Company’s success depends not only on how
well each department performs its work but also on how well the various
departmental activities are coordinated. For instance- HR department should
hire good and educated sales persons and training department should train
them perfectly time to time.
More Emphasize on Sales assistance:-
Subhiksha should more emphasize on the training of sales force available at
the stores with the information of new products and schemes, so that they
are fully equipped with the information and schemes related to the product,
hence they can improve in their working skills
The need for customer retention-
Losing profitable customers can dramatically impact a firm’s profits. The
cost of attracting a new customer is estimated to be five times of the cost of
keeping a current customer happy.
Adding Financial Benefits -
Company should offer some financial benefits to the customer. They are:
40
41. Through “frequency marketing programs (FMPs), we can provide rewards to
customers who buy frequently and/or in substantial amounts.
Company can offer “price club cards” to its customers that provide member
customers with unadvertised discounts on particular items.
More Emphasize on customer service:-
There should be more Emphasize on customer service. Because Subhiksha
mainly facing the competition with Mom & Pop stores (kirana stores), and
they have personal relationship from long time of period with customers.
That’s why company try to make better relationship with their customers.
Include some new product categories: -
Even providing good services to the costumers company can not get desired
attention from costumers because of low product category so I recommend
that company should Include some new product categories like fresh fruits
and vegetables because due to these product categories we can attract more
customers and can increase their basket size. and similarly their satisfaction
level towards company’s stores.
Annexure – I
(Questionnaire)
41
42. “Level of Customer Satisfaction at Subhiksha”
Respondent Name :………………………………………………………
Address :
………………………………………………………
Gender: - (a) Male (b) Female
Occupation: - (a) Business (b) Service (c) House Wife (d) student
1. Are you satisfied with the Price of Subhiksha?
(a)Very Satisfied (b) Somewhat Satisfied (c) Dissatisfied
2. Are you satisfied with the product quality of Subhiksha?
(a)Very Satisfied (b) Somewhat Satisfied (c) Dissatisfied
3. Overall, how satisfied are you with the customer service experience at
Subhiksha stores?
(a)Very Satisfied (b) Somewhat Satisfied (c) Dissatisfied
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43. 4. Are you aware about Subhiksham card?
(a)Yes (b) No
5. Are you aware that Subhiksha offers free home delivery without any
pre-conditions?
(a)Yes (b) No
6. Does Subhiksha fulfill your household requirements i.e. food, non-
food and staple items?
(a)Yes (b) No
7. Do you know that Subhiksha provides 10% discount on medicines?
(a)Yes (b) No
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44. Bibliography
BOOKS:-
1. Kotler, Philip, Marketing Management, New Delhi, Prentice Hall Of India, 1998.
2. Kothari, C.R., Research Methodology, New Delhi, New Age International Publishers,
Second Revised Edition: 2004
3. Stephens, Nancy J., Customer - focused Selling, U.S.A., Adams Media Corporation,
1997
MAGAZINES AND JOURNALS:-
Images Retail, July, 2008
WEBSITES:-
www.wikipedia.com
www.google.com
www.retailbiz.coms
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