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Gurgaon CENTRAL - Pantaloon Retail India Ltd
Sector-25,MG Road , Near IFFCO Chowk,
Gurgaon: 122001
A Study of Marketing Mix Offered By
  Central Gurgaon and Customer`s
             Behavior




                        By Ajeet Kumar
                           Swati Singh
Brand: Central Mall
Owned by: Pantaloon Retail (India) Limited
under Future Group
Design: Idiom Design & Consulting

Design brief: ‘Central is designed as a playful public
space, where people congregate, in the heart of the
town. The logo is based on a simple game — rolling
ball maze game — that every human being knows.
 The beads are people, heading for the centre of
town and playfully enjoying themselves.
Red is a simple public color. The typography is based
on Jigsaw font. It looks modern and timeless.
The font is Stencilized to make it look fresh and
public.’
5 Dots represents 5 special services offered to customers by CENTRAL




                           •   GIFT CENTRAL
                           •   BEAUTY CENTRAL
                           •   WI-FI CENTRAL
                           •   RADIO CENTRAL
                           •   FLOWER CENTRAL
Minimum Service level :-
         • Greet the customer with a
           NAMASTE

         • Pass on the
           INFORMATION


         • THANK the customer
10 MANTRAS( TEN MUST. Dos)
1.  Staff stand at the front of brand area and welcome the customer.
2.  If the customer doesn’t know where something is, do not point finger and
    show instead escort the customer
3. If you see rubbish on the floor .pick it up whether in your section or not
4. Treat your customer as well as your colleague with respect
5. Get to know your customer build relationship
6. Always smile and greet the customer with Namaste
7. Always willing to help the customer
8. Service the customers need irrespective of which you belong to
9. If you don’t know something with of will help you do your job better for ask
    help.
10. If you hav no customer in your brand, keep yourself occupied by ensuring that
    the merchandise is displayed well section is clean actively pursue potential
    customer.
Central : The Place to be
Central houses over 1000 brands across categories :
Apparels
Eyewear
Watches
Fragrances & Cosmetics
Footwear and Accessories for Women, Men & Children / Infants

                              apart from

Coffee Shops, Food Courts, Super Markets (Food Bazaar), Fine Dining Restaurants, Pubs and
Discotheques.

 addition, Central houses Central Square, a dedicated space for product launches, impromptu
 In
events, displays, exciting shows, and exhibitions, Central flag point to flag off city based events &
more.
Central is present in 12 cities with 19 stores offering a retail space of over 30 Lakhs sq. ft.
Point to boost :Over 3 Crore Consumers visited Central last Fiscal Year
STORE FORMAT OF CENTRAL
 Opening and closing time: 11 AM to 10 PM.
 Major Gurgaon Central Mall attractions: Lots of Brands, Food court

 Location:           Gurgaon-Mehrauli Road, next to IFFCO crossing.

 Parking facility:   Peaceful three level basement parking.

 Number of stores:    Different concept.

 Accessibility:       High

 Contact number:      0124 – 2859000
• Address: Gurgaon CENTRAL - Pantaloon Retail India Ltd
  Sector-25,MG Road , Near IFFCO Chowk,
  Gurgaon: 122001
• STORE AREA:       1,25,000 SQUARE FOOT
•   Central is located in the heart of city, Central invites customers to Shop, Eat, Celebrate.

•   Launched in May 2004 at Bangalore,
•   First ever concept of Stores without Doors in Gurgaon malls, spread in 1, 25,000 sq
    feet area . It is also called the newly opened mall in Gurgaon (11th April 2008).

•   Situated on the very competitive Mehrauli Gurgaon road, Central is establishing itself
    as a mall with a difference.

•   There are no separate stores for the 500-odd national and international brands to
    choose from, across apparel, cosmetics, fragrances, footwear, eyewear, time wear,
    handbags, accessories, jewelry and lots more, for the entire family.
• Customers can simply walk around the mall without having to step in
  and step out of different outlets.
• In addition, Central houses Central Square, a dedicated space for
  product launches, impromptu events, daring displays, exciting shows,
  and art exhibitions.

• Red color in the decor - it represents fashion and glamour.
Pubs and bars
• widely accessed by youngsters and elder people. it is
  one of the major attractions to the new and old
  generations.
• This not only relaxes people who come here after
  hard work, but also gives them opportunities to enjoy
  their time in a group.
• People can celebrate their birthday parties,
  promotions and other occasions to eradicate stress
  and make some memorable time.
• Pubs and Bars offers food, drinks, high volume music,
  DJs, dance floors and wide screen televisions.
  Basically, TVs are installed for people who want to
  watch cricket matches.
Food Court :-



• Central Shopping Mall also has fine Food Court where one
  can enjoy various delicious cuisines.

• Many people visit this mall to sit at its Food Court and
  enjoy the meals and fast foods which are simply the best.
ORGANIZATIONAL CHART:
– MALL MANAGER                 - Mr. NITIN MEHTA
– MARKETING MANAGER            -Mr. PRIYANK SHARMA
–   RETAIL OPERATION MANAGER   - Mr. SUNIL KUMAR
–   HR MANAGER                 - Mr. KUMAR GAURAV
–   VM MANAGER                  - Mr. KULWANT
–   ADMINISTRATER              - Mr. P. Javed
–   WAREHOUSE MANAGER          - Mr. RAJ SINGH
–   DEPARTMENT MANAGER         - Mr. SUNIL VERMA
–   DEPARTMENT MANAGER         - Mr. RAJESH
–   DEPARTMENT MANAGER         - Mr. RAJAT JAIN
–   DEPARTMENT MANAGER         - Mr. ABHISHEK MOHAPATRA
–   DEPARTMENT MANAGER         - Mr. AMIT SHARMA
–   HEAD CASHIER               - Mr. RANJEET KUMAR
–   CSD Manager                - Md. Muztaq
Objective
• To critically analyze the marketing mix offered
  by central mall , Gurgaon.
• To observe and identify strategically
  important customer behavior .
                          Sub – Objective

• To examine different component of marketing mix .
• To study the effectiveness of different marketing strategy
  applied by central mall
• To study the effect of change in marketing tactics on
  customers behavior .
Research Design :-
Research problem :- To capture the customer`s response for Marketing Mix offered By Central
Research Methodology :- Primary & conclusive

Research tools used :-
I. Customer Questionnaire A & B to be filled by customers and administered by Ajeet kumar and Swati
    singh
1. Sample Size - 300 (A) , 200 (B)
2. Sampling Technique – Judgmental
3. Place of Survey – Inside the mall
4. Timing of Survey - 1.00 PM to 8.00 PM (on 11th , 18th , 25th June and 2nd and 9th of July For B)

II. Check List to be filled and Administered by Ajeet Kumar and Swati Singh through observation
without disturbing / asking question to Customers .
1. Sample Size – 300(150 male and 150 female)
2. Sampling Technique – Judgmental + convenient
3. Place of observatory Survey – Inside the Mall
4. Timing of observatory Survey – 1.00 PM to 8.00 PM

III. Interview of Department Managers + 50 sales staffs
Statistical Tools Used :-Chi square Analysis+ Mean
We identified 3 different type of customers in mall based on their behavior



• Perfectionist (Mr. & Ms.)
• Aggressive (Mr. & Ms.)
• Free Roamer (Mr. & Ms.)
Product


   PRODUCT   •   Brands
             •   Value
             •   Quality
             •   After sales
                 Service
CATEGORIES AT CENTRAL
MEN’S WEAR              KIDS WEAR
• FORMAL                • GIRLS ETHNIC WEAR
• CASUAL                • GIRLS CASUALS

WOMEN’S WEAR            •   WOMEN’S ACCESSORIES
• ETHENIC               •   Jewelries
• FORMAL                •   WRIST WATCHES
• CASUAL                •   FOOTWEARS
                        •   SPORTS WEAR
                        •   SWIM WEAR
                        •   FOOD BAZAR
MEN`S (Brands )
Formal Wear              Casual Wear :-
•   Van Hussein          • Rig
•   Louis Phillip        • Sepia
•   Park Avenue          • Bare
•   Wills Lifestyle
•   Success              • Levie`s
•   Lombard              • All
•   Turtle               • UMM
•   Urbana
•   John Player          • Spykr
•   Black Berry’s        • Lawman
•   Arrow                • Integrity
•   Raid & Taylor
•   Bare                 • Arrow
                         • Park Avenue
                         • Jack and jones
Kids wear brands

•   Chalak
•   Rig Kids
•   Ruff
•   UCB
•   Giny & Gony
•   USPA
•   Allen-solly
•   Bare
•   Catwalk
•   Inc.5
•   Clark
•   Funskool
•   Biba Girls
•   Pink and Blue
Women wear

Ethnic Wear :-   Casual Wear :-   Formal wear :-
• Biba           • Rig            • Sckuller
• Trisha         • Sepia          • Van-heussain
• W              • Bare           • Provogue
• Rangmanch      • Levie`s        • Annable
• Global desi    • All            • Wills Lifestyle
• Mahhi          • UMM            • Allen-soley
• Sheq           • Jealous 21
• Aakriti        • Lee-cooper
• Aureal         • Veromoda
                 • Only
                 • Ajile
                 • 109`F
Availability of Brands in different category Vs Customers Recall

100%
90%
80%
70%
60%
50%                                                        All 5 Brands
                                                           4         Interpretation :- In
40%
                                                                     case of Men
30%                                                        3
                                                                     Formal category .
20%                                                        2         All the 5 brands
                                                           1         recalled by 68%
10%                                                                  respondents were
 0%                                                                  present in Central
                                                                     Mall.
Product Assortment and Customer`s Behavior
Following Theories of product Assortment and its effect on Customer`s behavior was checked




                           Standard Theory Of Rational Choice



                      Independence of Irrelevant Alternative Axiom




                        Context Effect of Assortment on Decision
                                         Making
Standard Theory Of Rational Choice
It assumes Value Maximization . Associate Subjective value with each option of choice set
under consideration .

Rational choice theory makes two assumptions about individuals' preferences for actions:
Completeness – all actions can be ranked in an order of preference (indifference between
two or more is possible).
Transitivity – if action a1 is preferred to a2, and action a2 is preferred to a3, then a1 is
preferred to a3.


Together these assumptions form the result that given a set of exhaustive and exclusive
actions to choose from, an individual can rank them in terms of his preferences, and that his
preferences are consistent.
Independence of Irrelevant Alternative Axiom
It claims that preference between option does not depends on absence or presence of another
option in Decision process .


One such requirement is as follows: If A is preferred to B out of the choice set {A,B}, then
introducing a third alternative X, thus expanding the choice set to {A,B,X}, must not
make B preferable to A. In other words, preferences for A or B should not be changed by
the inclusion of X, i.e., X is irrelevant to the choice between A and B.
Context Effect of Assortment on Decision Making
 Alternatives within a given set of choice often depends on relative position and composition of
 Choice set itself. So it can be assumed to be context dependent.
  Further Context Effect can be classified broadly in following two types:-
  1. ATTRACTION EFFECT
  2. COMPROMISE EFFECT
 Attraction Effect :- Option that became superior by addition of asymmetrically dominated or relatively
  inferior option (DECOY to a choice set ) should gain significant shares even the decoy are typically not
  chosen and can therefore be reasonably considered irrelevant for decision makers .

 Compromise Effect :- Option are evaluated mainly with respect to two nearly equally important
  attribute like perceived quality and price .

Addition of extreme option (high price /premium quality ) to core set of another extreme (low price /basic
quality) and medium option will increase the choice share of intermediate option .

= thus compromise option M is percieved more attractive in triple choice set {L,M,H} than in either of pair
core se t {L,M} or {M,H}
Indicators of different above discussed behavior toward assortment

  Subjective Indicators :-
  • Remarks made by customers
  • Type of Question / queries Being asked to sales-persons
  Other Indicators :-
  • By Tracking Movement of Customers on floor in different
     brand .


Indicators of customer`s response for Product being Offered at the central

  •   No. of Brands Checked by customers
  •   No. of merchandise taken to Trail room
  •   No .of repeat visit to particular brand
  •   No. of time trial room being visited by customers
Influence of Different assortment based customer`s behavior in three different
       categories of customers

100%       6%       8%                 10%
90%       10%       6%       20%
80%                 16%
          20%
70%                                             64%       60%
60%                                    60%
                             50%
50%                                                                     Compromise Effect
40%                 70%                                                 Attraction effect
          64%                                   12%       20%
30%                                                                     IIA
                             16%       18%
20%                                             16%        8%           STAC
10%                          14%       12%                12%
                                                 8%
 0%
Avg. No. Of time trail room used

 4
3.5
 3
2.5
 2
1.5                                      Avg. No. Of time trail room
                                         used
 1
0.5
 0
No. of Cloths being taken to trail room

100.00%   8.57%      5%
                   7.50%      20%       14.29%                 16.67%
          14.28%                                    33.33%
 80.00%             25%                   20%
                              20%
                                                               43.33%
 60.00%                      8.57%      22.85%       20%
          57.14%
 40.00%                                                                 1
                                                     20%
                   62.50%                                      16.67%   2
                             51.43%
                                        42.86%
 20.00%                                             26.67%              3
          20.00%                                               23.33%
                                                                        4
  0.00%
Conclusion :-
   Context Effect is more robust and effective specially Compromise effect in younger
   customer of Central


• It was being observed that Compromise effect was more influential in customers of Free
  Roamer.
• While Attraction Effect is more dominant in decision making process of Aggressive Shoppers .
• IIA is least dominant decision making factor in youths .
After Sales services
Exchange (within 30 days from the date of purchase )
Process :-
• Customers need to take entry from back entry (meant for staff)

•   Customer must carry the Bill .

•   Security guard will issue a note regarding merchandise being carried inside the Mall .

•   Customers need to go to CSD and register their concerns and handover the merchandise to
    CSD executives .

•   Then CSD executive will issue Credit Note of worth of merchandise being given to him by
    customer for exchange .

•   Then customer can make purchase and select the required product and need to go to any
    of Payment counter and deposit credit Note being issued and the sum will get deducted
    from price of fresh product taken and customer need to pay rest amount , if any.
25

20

15
                              June
10                            July
5

0
     Avg No.Of   Avg. No of
     Exchange    Complain
After Sales services
Alteration (within 10 days from the date of purchase )
Process :-
• Customers need to go to Alteration Desk on 2nd floor

•   Customer must carry the Bill .

•   Alteration master will issue a Yellow note regarding cloths being taken for alteration .

•   Customers need to go to CSD and register their concerns and handover the bill and yellow
    Note to CSD executives.

•   Then CSD executive will issue white Note to customer along with the bill .

•   Then customer may come next day and show white note to CSD executive and can get back
    his/her cloth .
100
90
80
70
60
50
                                                                            June
40
                                                                            July
30
20
10
 0
      Avg. No. of Yellow Note Avg. no. of Complain   % Of timely Delivery
              Issued                 made
Price

   List Price
  Allowance
   Discount      Price
Payment Period
Pricing Strategy @ CENRAL Mall , Gurgaon
Pricing is a great motivator and one of the most important factor of consumer`s decision
making process
   Optional drips Pricing :- This is often a partitioned presentation of prices in the context of
   product bundling, price bundling, or both. It involves presenting prices separately for each
   component of a multicomponent product bundle (e.g., refrigerator, ice-maker, and
   warranty) or as a consolidated total price for the bundle.
   Ex :-1. Dell laptops were available with extended 3 year warranty on payment of Rs 3000..
        2. Anti-virus was available on payment of Rs 450 /- with sony VIO. etc.

  • buyer anchors on the piece of information he or she considers most
    important (e.g., base price) and then adjusts insufficiently for one or more items (e.g., the
    surcharge), thus underestimating the total price.
  • In addition, attending to more than one price requires more cognitive effort. As a
     result, consumers may ignore the surcharge completely, by either not noticing it or
     noticing it but not incorporating it into the base price.
  • drip pricing may also reduce the extent to which people search around once they have
     started the purchasing process for a particular product.
Reference pricing
   It is a price that is communicated to the consumer as being the ‘normal’, most commonly
   charged, or un-discounted price. These can be of Different type but in CENTRAL Mall
   ,Gurgaon advertised reference prices (ARPs) is being used which provide an external
   reference against which an offered price can be judged. .

   Example :- 1. JACK & JONES Denim is at Rs 4,500 now at 3,500/-only

              2.Samsung Glaxy S @ Rs 8500/-now at 7,400/-


It was well observed that during normal decision making (including estimating value), an
initial value (an anchor) serves as a mental benchmark or starting point for estimating ‘real’
value. A reference price may therefore serve as an anchor that consumers make
adjustments to in order to reach their final price estimate.
The use of the word ‘Free’ or ‘Off’
It was observed that due to the certainty effect. Any purchase carries a
risk of buyer’s regret (e.g. ‘the chocolate did not taste as good as I’d
thought’), whereas free things escape such regret as nothing was spent
on it, causing people to overvalue anything that is free.
While in case of few people choose the benefit which avoids trade-offs
(including calculating discounts that require cognitive effort). Because
free is an absolute price, we know exactly what it means. There is no
relative thinking, and no calculation required, and most of all, no fear
of loss.
Caveats: Discounts, including free gifts, may actually undermine the
product’s perceived quality and lower purchase intentions.
Bait pricing
This covers a range of practices, but essentially involves consumers being enticed with a
discount, but subsequently ending up purchasing a more expensive product because there
are very few, or indeed no, items available at the discounted price.
The ‘commitment and consistency’ principle can be accounted for such customer`s
behavior .

Thus, bait sales may result in consumer detriment where consumers have been enticed
with discounts and are then reluctant to continue searching elsewhere even where the
offer is no longer available

Caveats: Not all commitments are equally effective in producing consistent future action.
Commitments are most effective when they are active, public, require effort, and are
internally
motivated (unforced
Customer`s Expected Price Band
    Central`s Price Range
                                   Price Range Band (Men )
 Denim Trouser

            Rs 1000 Rs 1200                            Rs 5000    Rs 6000

   Denim Shirt

                 Rs 750/- Rs 900                        Rs     Rs
                                                        2500/- 3000/-
 Formal Shirts

            Rs 1000 Rs 1200                            Rs 2500    Rs 3000

Formal Trouser

          Rs 1200 Rs 1600                             Rs 3000    Rs 4000
Customer`s Expected Price Band
    Central`s Price Range
                                 Price Range Band (Men )
 T-shirt

            Rs 200    Rs 300                         Rs 2500   Rs 3000

  Shorts

             Rs 750/- Rs 900                          Rs     Rs
                                                      2500/- 3000/-
Customer`s Expected Price Band
    Central`s Price Range
                                   Price Range Band (Women )
 Denim Trouser

            Rs 1000 Rs 1200                           Rs 5000    Rs 6000

   Denim Shirt

                 Rs 750/- Rs 900                       Rs     Rs
                                                       2500/- 3000/-
 Formal Shirts

            Rs 1000 Rs 1200                           Rs 2500    Rs 3000

Formal Trouser

          Rs 1200 Rs 1600                            Rs 3000    Rs 4000
Customer`s Expected Price Band
    Central`s Price Range
                                  Price Range Band (Women)
   T-shirt

             Rs 200   Rs 300                         Rs 2500   Rs 3000

  Capries

               Rs 750/- Rs 900                        Rs     Rs
                                                      2500/- 3000/-

   Kurti

             Rs 500   Rs 800                        Rs 2500    Rs 3000

  Shorts

              Rs 1000/- Rs 1200                      Rs     Rs
                                                     2500/- 3000/-
Promotion
About CLP(Central Loyalty Program)


“Part of India’s largest multi-partner loyalty
program, ensuring you earn points faster than any
other program currently running in India”
Benefits

•The Points you earn can be redeemed at CENTRAL or any of the partners outlets.
•Promotions that will offer you bonus points ,special offers and online point redemption
•On shopping of Rs 100 @ Central ,Central loyalty card holder will get 4 points .
•One point is worth of 0.25 paisa.
•Exclusive Friday Offer
 Earn Offer – Flash your Card, Shop and earn double the points only on Friday. (2x offer)
 Burn offer – Redeem your points and get 20 % of the points redeemed back.
•   Payback customer loyality card
•   Gifts voucher
•   To organize events
•
•   Payback customer loyality card:- it is a card as its name suggest what
    , pay back- central pay 1 Rs. Back to their customer while they shop for
    worth 100 Rs. Only from the central as well from their partners.
•
•   After spending 100 Rs. Customers get 4 points and each points is
    equal to 25 paise.
•
• That points is vary at the different stores or partners .
• Central gives extra points at a particular day ( Friday) .
• Central did tie up with several partners
  and it is of three type :-

• National partners
• Online partners
• Regional partners
National parteners:

5°Points per Rs.       3°Points per Rs.100     Upto 3 °Points         6°Points per Rs. 100
200


4°Points per Rs. 100 3°Points per Rs. 100
                                               Upto 2 °Points
                                                                      4°Points per Rs.100


3°Points per Rs. 200 3°Points per Rs.          1 °Point per Rs. 200
                     100




3°Points per Rs. 200    Upto °10 Points      1°Point per Rs. 100
Online partners

                         4 °Points per Rs.100   8 °Points per Rs.100   4 °Points per Rs.100
 4 °Points per Rs.100




  30 °Points per Trxn    4 °Points per Rs.100   4 °Points per Rs.100   8 °Points per Rs. 100




 4 °Points per Rs.100    4 °Points per Rs.100   4 °Points per Rs.100   4 °Points per Rs.100




50 °Points per Rs. 100   8 °Points per Rs.100    30 °Points per Trxn   30 °Points per Trxn
4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100




4 °Points per Rs.100    4 °Points per Rs. 100 30 °Points per Trxn     4 °Points per Rs.100




4 °Points per Rs.100    30 °Points per Trxn   4 °Points per Rs.100    4 °Points per Rs.100




4 °Points per Rs.100     8 °Points per Rs. 100 4 °Points per Rs.100   4 °Points per Rs.100




 4 °Points per Rs.100    4 °Points per Rs.100 4 °Points per Rs.100
                                                                      4 °Points per Rs.100
4 °Points per Rs.100                            4 °Points per Rs.100
                         4 °Points per Rs.100                           4 °Points per Rs.100




30 °Points per Trxn      30 °Points per Trxn    8 °Points per Rs. 100    30 °Points per Trxn




30 °Points per Rs. 100   4 °Points per Rs.100     4 °Points per Rs.100     4 °Points per Rs.100




4 °Points per Rs.100      50°points 1 Yr ,        4 °Points per Rs.100     4 °Points per Rs.100




4 °Points per Rs.100     4 °Points per Rs.100   4 °Points per Rs. 100      4 °Points per Rs.100
Regional partners




12 °Points per Rs.100         2 °Points per Rs. 100
3500



3000



2500
                           No.of card issued
2000
                           No. of cards being used
1500

                           No. of Corporate loyality
1000                       card used

 500



   0
       May   June   July
Gift vouchers
• This voucher can be used at all Central Malls across India.
• The Gift Voucher can be redeemed only once.
• The Gift Voucher cannot be combined with any other scheme or offer at the
  store.Central gift vouchers are not valid in Food Bazaar cut-ins at Central
  stores,Not applicable for electronics, mobile, gold & shop-in-shop purchase
• The Gift Voucher must be presented at the Payment Counter while settling
  the Bill.
• The Gift Voucher must be redeemed at a time, in full and cannot, at any
  time, be exchanged for cash or currency.
• This voucher cannot be exchanged for cash or cheque.
• Vouchers once expired shall not be renewed.
• Central Malls will not compensate for Gift Voucher that are lost or
  stolen, and no credit will be given for the same.
• Expired Gift Vouchers can not be re-validated.
• If the bill amount exceeds the amount of Gift certificate, the
  customer is supposed to pay in cash the balance amount.
• If the bill amount is less than the amount in the gift certificate, the
  balance amount will not be returned back.
• No cash will be returned against the Gift voucher.
• This Gift Voucher cannot be redeemed in part value. Only one Gift
  Voucher can be availed in a single cash memo/invoice.
Redeemable location:
• These vouchers can be redeemed at any of the selected location that is
  given below:

•   Ahmedabad
•   Bangalore
•   Baroda
•   Gurgaon
•   Hyderabad
•   Indore
•   Mumbai
•   Navi Mumbai
•   Pune
•
4500

4000

3500

3000

2500                       Total No. Of GV Issued
                           No. of GV used
2000

1500

1000

 500

   0
       May   June   July
Issues with GVs from customers


    • Two date of validity created problem
    • GV was valid for only 15 days (Time Duration was a problem)
    • Information regarding Terms and condition of GV was not very clear to
      every sales person and person at payment counter .
    • GV was valid for few of brands of selected category . Many customers
      registered complain for this regard .
    • GV was available on purchase of 3000 and more and many customer
      ended purchasing of worth 2950+ but not More than 3000 have
      concern for this regard and many of them requested to consider them
      for providing GVs.
•
PROMOTIONAL EVENT BEING ORGANISED :-
• PROMOTIONAL EVENT BEING ORGANISED :-
• Youth Festival :-
• Different colleges , institutes were being visited by central
  representatives and students were informed about festival and invited
  to shop from Central .
• Few of college being consulted – Shri ram college , St. Stefens , DSE
  , DCE , Amity , Apeeyjay college , IIT , Akash , Times ,JNU , Jamiya Millia
  etc.
• Events being organized were :-
• a)Interaction with Hip Hop King on 15th june 2012
• b)Competition of “Face of Month” in collaboration with NOMARKS
  , FM Radio Mirchi (Award being given on 27th june 2012 )
• 4)Fashion Shows on 22 June , 2012
Mr. A . Prakash Announcing the winner of
“Face of the month june on 18th july”

• Activity Grab attention of young ladies and
  girls as central got overwhelming reponses
  in 1st 2 months itself .
• Proving that Central continues to be brand
  of Young Generation.
600




500




400
                    Total Entries through
                    Email
300                 Total entries through
                    Facebook
                    Total Entries through
200
                    Post

100




  0
      June   July
 Hip Hop King interacting with kids
  from different dance classes .
  Event was organised in association
  with RED BULL
No. of People came


140
120
100
80
                                     No. of People came
60
40
20
  0
      Day 1   Day2          Day3
Avg. Time Spent(in hours)
3.1

 3

2.9

2.8

2.7

2.6                                         Avg. Time Spent(in hours)


2.5

2.4

2.3

2.2
      Day 1       Day 2              Day3
Place
Fire                Lift                             Jack                                  Proline
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                                          LIFT &                                           PANASONI                          MATTL
CHICCO PINK & BLUE
                              NT          BACK
                                                           E- CARE
                                                                     SECTION      CARE        C
                                                                                                          SAMSUNG
People
Observation :-
•   Two type of salesperson (based on joining in central ):-
I.   Less than 3 month
II.  More than 1 year
•   Most of them are 12th pass .
•   Observations about category 1 salesperson
i.   Shy(lack effective communication skill)
ii.  Little product knowledge (merchandise , fit , fabric ,style ,trend )
iii. Body language (not impressive )
iv.  Smartly Dressed
v.   Low confidence level
•    Observation about Category II salesperson
I.   Have good knowledge about product placement , price range , availability of demanded
     product in other brands, demanded style , current trends ,and key concern area (i.e
     unavailability of color , size , fit , fabric )
II. Negative attitude for communication was observed (reluctance to talk).
III. “I know every thing “ attitude is also being seen in few of them .
IV. Most of them have shared a common problem of unavailability of right product .
More Retail Sales Tips
    In the world of retail sales, actions count, not words. Results count, not promises.

      Make sure you as a salesperson and your product and/or service promise a lot and deliver even more. Make
big commitments, fulfill them all, and then give a little extra.
      Don’t compete, create! Find out what everyone else is doing, and then don't do it. Be unique. Approach your
retail sales in a way that sets you apart from other stores in a way that makes a positive and long lasting
impression.

     Remember a picture is worth a thousand words! Create positive pictures with the words you use.

       Use the following magic words: free, new, you, discover, save, guaranteed, introducing, results, benefits,
easy, proven, love, alternative, now, win, gain, happy, trustworthy, beautiful, comfortable, proud, healthy, safe,
right, security, fun, value, advice, wanted, people and why.

     Avoid the following words: buy, purchase, obligation, failure, bad, sell, loss, liability, difficult, wrong, decision,
deal, hard, death, order, fail, cost, worry and contract.
It is your obligation to close, and provide your customer with an opportunity to make a decision.

    You will know where you are with your customer's "will-invest-line" by closing throughout the presentation
and gauging the responses. As customer gets closer to the "will-invest-line", you will receive more positive
responses.

     Think of a balance scale as representing the way your customer's mind operates - weighing need, use and
value against the required investment.

     Remember to close early (not before the need is established and benefits of a product/service are known)
and often, so you won't buy your product back.

     Effective closing questions should be natural, sincere, yet assumptive (assume the sale). Include physical
action. Offer a choice between alternatives. Be sure your question requires a response. After asking a closing
question, be quiet. Usually, the one who breaks the silence gives in.

      Objections do not mean "no". They mean your customer is interested in seeing more benefit, use, and
value.

       For objections that do not deserve a response, just cushion, bypass the objection and continue your
presentation.

      The READY formula suggests five ways to respond to an objection: reverse it, explain it, admit it, deny it,
or ask "why?”
 Develop a sense of belief / conviction about your service or product. Conviction
alone is sometimes enough to handle even a major objection.

 Always maintain a positive attitude by visualizing the gainful end result of your
work for your customer, company and yourself. Even in the face of resistance,
remember that your effort will be appreciated once your customer realizes you are
there to help.

 Develop a follow-up schedule for customers who bought from you. Remind them
that you are there to help them with their future purchases. Remember it is five times
easier to maintain an existing customer than to acquire a new one.

 You don’t have to work as hard to achieve your numbers if you leave such an
impression with your customers that they always ask for you when they come back.
      Selling is a combination of science and art. Certain things must happen before a sale is made. Every
customer/prospect must answer six questions: Do I want the product? Do I want this particular one? Do I
want it now? Do I want to pay the price? Do I want to get it from you? Do I want to get it from your company?

      Sell benefits not products. Show your passion when you describe a feature of your product, explain its
function, explain the benefit of that function, prove the benefit by providing evidence, and ask a nail-down
question to get your prospect's verbal acceptance of the benefit's value.

    Benefits help you tune-in to your customer's mental radio station, WIIFM, "what's in it for me?".
Key Concern Area for training :-
• Product Knowledge
• Expected Customer behaviour in particular
  category
• Brand awareness
• Interaction (communication )
• Personality development
• Trends and Forecast
• Reporting System
Selling Process

     Approach         Follow-Up



       Need            Gaining
    Identification   Commitment




    Presentation      Handling
                     Objections
Delighting Customers
• Acknowledge the arrival of a
  Customer with a pleasant smile
• Be available for help at eyesight.
• Understand your customer’s
  needs
• Suggest alternatives as required
• Be honest and sensitive about
  your comments
• Cross sell to improve sales and
  value to customer experience
• Make sure that the customer has
  a shopping basket
Always smile while talking to a Customer.

                                                 Always maintain an interested and helpful expression
                                                 on your face.




     Effective
     Customer
    Interaction

Maintain eye contact. Even if you are busy with other
customer, look towards the customer and
acknowledge his/her presence.
Effective Customer Interaction

            Maintain a distance of at least 2 feet.
            Speak softly and clearly, without an artificial accent.

            Avoid unnecessary movements of hands and facial
            gestures.
Effective Customer Interaction
            Stand erect at ease, but not in a casual manner.
            •   Weight balanced on both feet.
            •   Shoulders straight.
            •   Chest out.
            •   Stomach in.
Keep your hands on the sides or behind your back.
              Do not keep your hands in the pockets or on the
              hips.
              Do not cross your arms across the chest.

              Do not lean against a counter/gondola.


 Effective
 Customer
Interaction
Top 7 Rules For Handling Customer
            Grievances
 To respond to a customer who has several legitimate complaints company must
 keep these seven rules firmly in mind.

 •   Rule One:
     Listen with understanding & sympathy. This diffuses anger and demonstrates your
     concern. Tell the customer something such as "I am sorry you have been
     inconvenienced. Tell me what happened so that I can help you”. It is vital to show a
     sincere interest and willingness to help. The customer's first impression of you is all
     important in gaining co-operation.


 •   Rule Two:
     No matter what or who caused the problem, never, ever blame or make excuses.
     Instead, take full responsibility and the initiative to do whatever you can to solve the
     problem as quickly as possible.
Top 7 Rules For Handling Customer
                   Grievances
• Rule Three:
   Paraphrase and record what the customer tells you. Whenever
   you hear an important point say "let me make sure I
   understand; you were promised delivery on the 10th and you
   did not receive the product until the 1st of the following
   month. Is that correct?”

• Rule Four:
   Find out what the customer wants. Do they want a
   refund, credit, discount or replacement? The customer is
   complaining because he/she has a problem and wants it solved
   as quickly as possible. Find out what their problem is so you
   can work towards it and not towards a solution they do not
   want.

• Rule Five:
   Propose a solution and gain the customer’s support. When the
   customer tells you what he or she wants the solution is usually
   obvious. State your solution in a positive manner. "I will be
   happy to give you a full credit for it or other merchandise. Is
   that acceptable for you?” If it is acceptable, act promptly.
Top 7 Rules For Handling Customer
    • Rule Six:
                Grievances
         If the customer does not like your solution, ask what they
         would consider a fair alternative. Never let a customer
         lose face. If you cannot meet their request, say so, but
         never say they are wrong, and never get into an argument
         with a customer. It is vital to be considerate of the
         customer’s feelings and to be courteous. Sometimes the
         customer knows full well that there is nothing you can do.
         All the customer really wants is someone to hear and
         respect his or her point of view, and you can always give
         them that.

    •    Rule Seven:
         Follow up within a few days to ensure that the customer is
         completely satisfied. This last tip should ensure that the
         relationship is strengthened and you may well gain
         additional business.Do remember that, a customer’s
         loyalty is only as strong as the success of their last contact
         with you.

    Always remember that it takes 5-10 times to get a new customer than keeping
    the existing one.
Process
Central service:

On the value-added front, Central has taken customer service to the next level by
offering its customers a whole new range of services such as:

   Gift Central
   Beauty Central
   Radio Central
   Wi-fi Central
   Flower Central.

All that would add to the complete shopping experience
Gift central

• Gift central is the value added service
  which helps to :
• Save time.
• Reason of smile.
• Money saving shopping
Problems with gift central

• Some time there is a huge cue.
• Absence of employee.
• Some time they don’t like the way they
  wrap it.
80


70


60

                             Avg. No. of customer used service
50

                             Avg. No. of Complains
40
                             Avg No. Suggestion
30
                             Avg. Time Taken to offer service per
                             customer(IN MINUTE)
20


10


 0
     Other Days   Weekends
Beauty central
Beauty central is another value added service for customers.
It is not only gives a chance to look better or enhance their
beauty in a few minutes but it also help to save time & money of
the customer .
Most of the customers enjoy & appreciate this service during
shopping.
This service is like “killing two birds with one stone “
First is that store is fullfil their desire and needs with affordable
price.
Second they can also enjoy of being very beautiful lady after use
this free of cost service.
Problems
• Sales person are less aware about the beauty
  products that has been offered them to use for
  the beautification.
• central don’t provide a special or huge space
  for beatification.
• Privacy was expected by many customers .
25




20
                             Avg No. of Customer
                             used this service
15
                             No. of Suggestion

10
                             No. of complain

 5




 0
     others day   Weekends
Wifi central
                                                Problems

• It gives the facility access to fast   Limited to some extend only.
  speed internet connectivity to         It was available only at the
  the customer :                         3rd floor.
• Net surfing                            Lack of charging plug.
• Free Downloading (movie , song         Limited chairs.
  etc)
                                         IT person was not easily
• It was available near CSD ON 3RD       available to help customers
  FLOOR                                  in case of technical issues.
30




25




20                          No. of customer avail
                            this facility
15

                            Avg no. of time slow
10
                            connection being
                            reported
5                           Technical Issues being
                            Raised
0
     Other days   Weekend
Flower central
• Earlier it was functional but due to
  unavailability of vendor it had been closed.
• But Central Gurgaon is working out over
  possibilities to resume the service due to
  customer demand.
Radio central:
  This service has been added for the customers entertainment only.
  It is Under Control of CSD (Customer Service Desk )
  It starts from 11.30 AM and stops at 9.30 PM and CSD manager is responsible for smooth
  operation of this facility .
  It includes following :-
    Announcement of Offers
. Music played in Mall
I. Broadcast of Future TV through LCD TVs installed on each floor of Mall
  Information Given through Broadcast of Future TV are :-
. Latest offers in Central
. Information about Gift Voucher
. Horoscope of the day
. Weather Forecast
. Latest Fashion Tips
. Unknown facts about some celebrities
. Review of Movies and about upcoming movies
Physical Environment
Rate the Ambience and music played in Central on a scale of 1 to 5 (1 being worst and 5 being
best )



            100%                  5%                         5%
                                                             8%
             90%                  15%
                                                             12%
             80%                  10%
             70%                                                                       1
             60%                                             40%                       2
                                  45%                                                  3
             50%
                                                                                       4
             40%
                                                                                       5
             30%
             20%                                             35%
                                  25%
             10%
               0%
                            Ambience                     Music
Ambience of central mall gives a feeling of Blend of Indian Culture and Luxury with use of RED
AND WHITE colors along with use of Flowery print .

     100%                        5%               8%
                10%     10%      5%      10%
                 5%      3%                      10%
                 5%     10%              15%
       80%                       25%

                        30%                      35%
       60%      45%                      30%
                                                               More than 20 minute
                                 35%                           15-20 minute
       40%                                       22%           10-15 minute
                                         20%
                20%     45%                                    7-10 minute
       20%                       25%                           5-7 minute
                                         24%     24%
                15%                                            Less than 5 minute
                         2%      5%       1%      1%
        0%
When respondent were asked to identify / experience the change in Central Some of
interesting response were :-


Yaah ,…There is the use new fragrance .
Escalators are clean .
More no. of sales person are employed .
Play Zone is being shifted from 4th floor to 1st floor
Offers have Changed .
Kiosk of Pay Back Is being Installed .
Its difficult to say …
I can not identify ….
Sorry ….
And many more such interesting answers ………….
Question was being asked in context of Music being played that was stopped for 15
minutes on 11th , 18th , 25th June and 2nd and 9th of July .

                                  % of respondent
40%
35%
30%
25%
20%
15%                                                                   % of respondent
10%
 5%
 0%
       Not Identified Identified in   Identified in   Identified in
                      1st attempt     2nd Attempt     3rd attempt
Response of Open ended question “Have you listen song being played ?” is
         being recorded and articulated and result is as follow


                                    response


                     10%          15%


                                                         Not Exactly
                                                         listen but not actively
                                                         yes
           40%                                           Don`t care
                                         35%
% of respondent


         8%
              17.50%
47.50%                     All the 3 Correct
                           only 2 songs Correct
              27.50%       Only 1 song correctly
                           Wrong Response
Conclusion :-
Physical Environment of Central Mall , Gurgaon was being appreciated by most of the
customers .
Fixture are being used in combination of Red and White colors , which gives glamorous and
Luxury Feel to Customers .
Though music is important part of physical environment as it helps in changing the mood
of customer but it hardly play very vital role in consumer`s decision making process .
As it being clear from finding of the research that only 40 % respondent told that they have
listen the song and out of which only 52% were able to point out at least I song correctly .

Even more 35% respondent were not able to identify the change when music was being
stopped playing and 33% identified it in there last attempt (In 3rd attempt )

In another research being conducted in central it comes out as interesting result that more
than 65% customers spend at least 5 minute on each floor .
Key Learning




1. Planning and execution of Marketing Activity .
2. To deal with Customer`s Grievances
3. Maintenance of customer`s data Base.
4. Usages of proper Signage .
5. Different Process of Marketing Research
6. Customer`s Behavior .
7. Importance and process of Sales Man Training and
  evaluation
Key Findings

• All the 5 brands recalled by 65% respondents in all Apparel category are present in
  Central Mall.
• It was being observed that Compromise effect was more influential in customers of
  Free Roamer.
• While Attraction Effect is more dominant in decision making process of Aggressive
  Shoppers .
• IIA is least dominant decision making factor in youths .
Strategically Important Conclusion Drawn

• Mr. Aggressive and Free Roamers are most influenced by Context effect . This can be used to
  design offers /in such a way that can increase conversion from Std. 30% to above .
• Central Being Pioneer In seamless shopping mall must avoid Bait Pricing Strategy .
• There is a gap being identified in Price range Band Model which must be bridged with
  appropriate product offering , to decrease opportunity lost .
•   Central Radio which controls music being played need to register itself in mind of consumer
  and how does it effects customer`s purchasing decision is needed to examined .
• Uniformity in appearance of Salesman is missing so a proper training program must be
  implemented on regular time interval .
• Flower central must be started as soon as possible so as to complete the
   Concept of CENTRAL.
• Building strategy of pricing was most favored by perfectionist while free roamer
   influenced by psychological pricing.
• Placement of brands on the floor have its own effect on customer’s behavior.
   In contrast of most expected result that brands in front of escalator will end
   up with more sale while actual result was different of it . Law of momentum
   plays critical role though such stores grab attention but registered lower
   sales than those brand away from escalator.
• Physical environment of mall results in maintaining & entertaining mood of
   potential customers. But in studies it was found that aggressive purchaser
   were least bothered with kind of music being played. While perfectionist
   recalled 3 out of 5 times the last song being played.
Limitation

• Study was being conducted in real time situation so , change in marketing mix was not
  preferable .
• Study was being conducted and data was being collected by two people limiting the
  sample size .
• Analysis are being done by using statistical too l such as chi-square .
• Laboratory condition could not be created .
• There was less control over variance in response .
THANK YOU

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Marketing mix and consumer`s response at Central Mall Gurgaon

  • 1. Gurgaon CENTRAL - Pantaloon Retail India Ltd Sector-25,MG Road , Near IFFCO Chowk, Gurgaon: 122001
  • 2. A Study of Marketing Mix Offered By Central Gurgaon and Customer`s Behavior By Ajeet Kumar Swati Singh
  • 3. Brand: Central Mall Owned by: Pantaloon Retail (India) Limited under Future Group Design: Idiom Design & Consulting Design brief: ‘Central is designed as a playful public space, where people congregate, in the heart of the town. The logo is based on a simple game — rolling ball maze game — that every human being knows. The beads are people, heading for the centre of town and playfully enjoying themselves. Red is a simple public color. The typography is based on Jigsaw font. It looks modern and timeless. The font is Stencilized to make it look fresh and public.’
  • 4. 5 Dots represents 5 special services offered to customers by CENTRAL • GIFT CENTRAL • BEAUTY CENTRAL • WI-FI CENTRAL • RADIO CENTRAL • FLOWER CENTRAL
  • 5. Minimum Service level :- • Greet the customer with a NAMASTE • Pass on the INFORMATION • THANK the customer
  • 6. 10 MANTRAS( TEN MUST. Dos) 1. Staff stand at the front of brand area and welcome the customer. 2. If the customer doesn’t know where something is, do not point finger and show instead escort the customer 3. If you see rubbish on the floor .pick it up whether in your section or not 4. Treat your customer as well as your colleague with respect 5. Get to know your customer build relationship 6. Always smile and greet the customer with Namaste 7. Always willing to help the customer 8. Service the customers need irrespective of which you belong to 9. If you don’t know something with of will help you do your job better for ask help. 10. If you hav no customer in your brand, keep yourself occupied by ensuring that the merchandise is displayed well section is clean actively pursue potential customer.
  • 7. Central : The Place to be Central houses over 1000 brands across categories : Apparels Eyewear Watches Fragrances & Cosmetics Footwear and Accessories for Women, Men & Children / Infants apart from Coffee Shops, Food Courts, Super Markets (Food Bazaar), Fine Dining Restaurants, Pubs and Discotheques.  addition, Central houses Central Square, a dedicated space for product launches, impromptu In events, displays, exciting shows, and exhibitions, Central flag point to flag off city based events & more. Central is present in 12 cities with 19 stores offering a retail space of over 30 Lakhs sq. ft. Point to boost :Over 3 Crore Consumers visited Central last Fiscal Year
  • 8. STORE FORMAT OF CENTRAL  Opening and closing time: 11 AM to 10 PM.  Major Gurgaon Central Mall attractions: Lots of Brands, Food court  Location: Gurgaon-Mehrauli Road, next to IFFCO crossing.  Parking facility: Peaceful three level basement parking.  Number of stores: Different concept.  Accessibility: High  Contact number: 0124 – 2859000 • Address: Gurgaon CENTRAL - Pantaloon Retail India Ltd Sector-25,MG Road , Near IFFCO Chowk, Gurgaon: 122001 • STORE AREA: 1,25,000 SQUARE FOOT
  • 9. Central is located in the heart of city, Central invites customers to Shop, Eat, Celebrate. • Launched in May 2004 at Bangalore, • First ever concept of Stores without Doors in Gurgaon malls, spread in 1, 25,000 sq feet area . It is also called the newly opened mall in Gurgaon (11th April 2008). • Situated on the very competitive Mehrauli Gurgaon road, Central is establishing itself as a mall with a difference. • There are no separate stores for the 500-odd national and international brands to choose from, across apparel, cosmetics, fragrances, footwear, eyewear, time wear, handbags, accessories, jewelry and lots more, for the entire family.
  • 10. • Customers can simply walk around the mall without having to step in and step out of different outlets. • In addition, Central houses Central Square, a dedicated space for product launches, impromptu events, daring displays, exciting shows, and art exhibitions. • Red color in the decor - it represents fashion and glamour.
  • 11. Pubs and bars • widely accessed by youngsters and elder people. it is one of the major attractions to the new and old generations. • This not only relaxes people who come here after hard work, but also gives them opportunities to enjoy their time in a group. • People can celebrate their birthday parties, promotions and other occasions to eradicate stress and make some memorable time. • Pubs and Bars offers food, drinks, high volume music, DJs, dance floors and wide screen televisions. Basically, TVs are installed for people who want to watch cricket matches.
  • 12. Food Court :- • Central Shopping Mall also has fine Food Court where one can enjoy various delicious cuisines. • Many people visit this mall to sit at its Food Court and enjoy the meals and fast foods which are simply the best.
  • 13. ORGANIZATIONAL CHART: – MALL MANAGER - Mr. NITIN MEHTA – MARKETING MANAGER -Mr. PRIYANK SHARMA – RETAIL OPERATION MANAGER - Mr. SUNIL KUMAR – HR MANAGER - Mr. KUMAR GAURAV – VM MANAGER - Mr. KULWANT – ADMINISTRATER - Mr. P. Javed – WAREHOUSE MANAGER - Mr. RAJ SINGH – DEPARTMENT MANAGER - Mr. SUNIL VERMA – DEPARTMENT MANAGER - Mr. RAJESH – DEPARTMENT MANAGER - Mr. RAJAT JAIN – DEPARTMENT MANAGER - Mr. ABHISHEK MOHAPATRA – DEPARTMENT MANAGER - Mr. AMIT SHARMA – HEAD CASHIER - Mr. RANJEET KUMAR – CSD Manager - Md. Muztaq
  • 14. Objective • To critically analyze the marketing mix offered by central mall , Gurgaon. • To observe and identify strategically important customer behavior . Sub – Objective • To examine different component of marketing mix . • To study the effectiveness of different marketing strategy applied by central mall • To study the effect of change in marketing tactics on customers behavior .
  • 15. Research Design :- Research problem :- To capture the customer`s response for Marketing Mix offered By Central Research Methodology :- Primary & conclusive Research tools used :- I. Customer Questionnaire A & B to be filled by customers and administered by Ajeet kumar and Swati singh 1. Sample Size - 300 (A) , 200 (B) 2. Sampling Technique – Judgmental 3. Place of Survey – Inside the mall 4. Timing of Survey - 1.00 PM to 8.00 PM (on 11th , 18th , 25th June and 2nd and 9th of July For B) II. Check List to be filled and Administered by Ajeet Kumar and Swati Singh through observation without disturbing / asking question to Customers . 1. Sample Size – 300(150 male and 150 female) 2. Sampling Technique – Judgmental + convenient 3. Place of observatory Survey – Inside the Mall 4. Timing of observatory Survey – 1.00 PM to 8.00 PM III. Interview of Department Managers + 50 sales staffs Statistical Tools Used :-Chi square Analysis+ Mean
  • 16. We identified 3 different type of customers in mall based on their behavior • Perfectionist (Mr. & Ms.) • Aggressive (Mr. & Ms.) • Free Roamer (Mr. & Ms.)
  • 17. Product PRODUCT • Brands • Value • Quality • After sales Service
  • 18. CATEGORIES AT CENTRAL MEN’S WEAR KIDS WEAR • FORMAL • GIRLS ETHNIC WEAR • CASUAL • GIRLS CASUALS WOMEN’S WEAR • WOMEN’S ACCESSORIES • ETHENIC • Jewelries • FORMAL • WRIST WATCHES • CASUAL • FOOTWEARS • SPORTS WEAR • SWIM WEAR • FOOD BAZAR
  • 19. MEN`S (Brands ) Formal Wear Casual Wear :- • Van Hussein • Rig • Louis Phillip • Sepia • Park Avenue • Bare • Wills Lifestyle • Success • Levie`s • Lombard • All • Turtle • UMM • Urbana • John Player • Spykr • Black Berry’s • Lawman • Arrow • Integrity • Raid & Taylor • Bare • Arrow • Park Avenue • Jack and jones
  • 20. Kids wear brands • Chalak • Rig Kids • Ruff • UCB • Giny & Gony • USPA • Allen-solly • Bare • Catwalk • Inc.5 • Clark • Funskool • Biba Girls • Pink and Blue
  • 21. Women wear Ethnic Wear :- Casual Wear :- Formal wear :- • Biba • Rig • Sckuller • Trisha • Sepia • Van-heussain • W • Bare • Provogue • Rangmanch • Levie`s • Annable • Global desi • All • Wills Lifestyle • Mahhi • UMM • Allen-soley • Sheq • Jealous 21 • Aakriti • Lee-cooper • Aureal • Veromoda • Only • Ajile • 109`F
  • 22. Availability of Brands in different category Vs Customers Recall 100% 90% 80% 70% 60% 50% All 5 Brands 4 Interpretation :- In 40% case of Men 30% 3 Formal category . 20% 2 All the 5 brands 1 recalled by 68% 10% respondents were 0% present in Central Mall.
  • 23. Product Assortment and Customer`s Behavior Following Theories of product Assortment and its effect on Customer`s behavior was checked Standard Theory Of Rational Choice Independence of Irrelevant Alternative Axiom Context Effect of Assortment on Decision Making
  • 24. Standard Theory Of Rational Choice It assumes Value Maximization . Associate Subjective value with each option of choice set under consideration . Rational choice theory makes two assumptions about individuals' preferences for actions: Completeness – all actions can be ranked in an order of preference (indifference between two or more is possible). Transitivity – if action a1 is preferred to a2, and action a2 is preferred to a3, then a1 is preferred to a3. Together these assumptions form the result that given a set of exhaustive and exclusive actions to choose from, an individual can rank them in terms of his preferences, and that his preferences are consistent.
  • 25. Independence of Irrelevant Alternative Axiom It claims that preference between option does not depends on absence or presence of another option in Decision process . One such requirement is as follows: If A is preferred to B out of the choice set {A,B}, then introducing a third alternative X, thus expanding the choice set to {A,B,X}, must not make B preferable to A. In other words, preferences for A or B should not be changed by the inclusion of X, i.e., X is irrelevant to the choice between A and B.
  • 26. Context Effect of Assortment on Decision Making Alternatives within a given set of choice often depends on relative position and composition of Choice set itself. So it can be assumed to be context dependent. Further Context Effect can be classified broadly in following two types:- 1. ATTRACTION EFFECT 2. COMPROMISE EFFECT  Attraction Effect :- Option that became superior by addition of asymmetrically dominated or relatively inferior option (DECOY to a choice set ) should gain significant shares even the decoy are typically not chosen and can therefore be reasonably considered irrelevant for decision makers .  Compromise Effect :- Option are evaluated mainly with respect to two nearly equally important attribute like perceived quality and price . Addition of extreme option (high price /premium quality ) to core set of another extreme (low price /basic quality) and medium option will increase the choice share of intermediate option . = thus compromise option M is percieved more attractive in triple choice set {L,M,H} than in either of pair core se t {L,M} or {M,H}
  • 27. Indicators of different above discussed behavior toward assortment Subjective Indicators :- • Remarks made by customers • Type of Question / queries Being asked to sales-persons Other Indicators :- • By Tracking Movement of Customers on floor in different brand . Indicators of customer`s response for Product being Offered at the central • No. of Brands Checked by customers • No. of merchandise taken to Trail room • No .of repeat visit to particular brand • No. of time trial room being visited by customers
  • 28. Influence of Different assortment based customer`s behavior in three different categories of customers 100% 6% 8% 10% 90% 10% 6% 20% 80% 16% 20% 70% 64% 60% 60% 60% 50% 50% Compromise Effect 40% 70% Attraction effect 64% 12% 20% 30% IIA 16% 18% 20% 16% 8% STAC 10% 14% 12% 12% 8% 0%
  • 29. Avg. No. Of time trail room used 4 3.5 3 2.5 2 1.5 Avg. No. Of time trail room used 1 0.5 0
  • 30. No. of Cloths being taken to trail room 100.00% 8.57% 5% 7.50% 20% 14.29% 16.67% 14.28% 33.33% 80.00% 25% 20% 20% 43.33% 60.00% 8.57% 22.85% 20% 57.14% 40.00% 1 20% 62.50% 16.67% 2 51.43% 42.86% 20.00% 26.67% 3 20.00% 23.33% 4 0.00%
  • 31. Conclusion :- Context Effect is more robust and effective specially Compromise effect in younger customer of Central • It was being observed that Compromise effect was more influential in customers of Free Roamer. • While Attraction Effect is more dominant in decision making process of Aggressive Shoppers . • IIA is least dominant decision making factor in youths .
  • 32. After Sales services Exchange (within 30 days from the date of purchase ) Process :- • Customers need to take entry from back entry (meant for staff) • Customer must carry the Bill . • Security guard will issue a note regarding merchandise being carried inside the Mall . • Customers need to go to CSD and register their concerns and handover the merchandise to CSD executives . • Then CSD executive will issue Credit Note of worth of merchandise being given to him by customer for exchange . • Then customer can make purchase and select the required product and need to go to any of Payment counter and deposit credit Note being issued and the sum will get deducted from price of fresh product taken and customer need to pay rest amount , if any.
  • 33. 25 20 15 June 10 July 5 0 Avg No.Of Avg. No of Exchange Complain
  • 34. After Sales services Alteration (within 10 days from the date of purchase ) Process :- • Customers need to go to Alteration Desk on 2nd floor • Customer must carry the Bill . • Alteration master will issue a Yellow note regarding cloths being taken for alteration . • Customers need to go to CSD and register their concerns and handover the bill and yellow Note to CSD executives. • Then CSD executive will issue white Note to customer along with the bill . • Then customer may come next day and show white note to CSD executive and can get back his/her cloth .
  • 35. 100 90 80 70 60 50 June 40 July 30 20 10 0 Avg. No. of Yellow Note Avg. no. of Complain % Of timely Delivery Issued made
  • 36. Price List Price Allowance Discount Price Payment Period
  • 37. Pricing Strategy @ CENRAL Mall , Gurgaon Pricing is a great motivator and one of the most important factor of consumer`s decision making process Optional drips Pricing :- This is often a partitioned presentation of prices in the context of product bundling, price bundling, or both. It involves presenting prices separately for each component of a multicomponent product bundle (e.g., refrigerator, ice-maker, and warranty) or as a consolidated total price for the bundle. Ex :-1. Dell laptops were available with extended 3 year warranty on payment of Rs 3000.. 2. Anti-virus was available on payment of Rs 450 /- with sony VIO. etc. • buyer anchors on the piece of information he or she considers most important (e.g., base price) and then adjusts insufficiently for one or more items (e.g., the surcharge), thus underestimating the total price. • In addition, attending to more than one price requires more cognitive effort. As a result, consumers may ignore the surcharge completely, by either not noticing it or noticing it but not incorporating it into the base price. • drip pricing may also reduce the extent to which people search around once they have started the purchasing process for a particular product.
  • 38. Reference pricing It is a price that is communicated to the consumer as being the ‘normal’, most commonly charged, or un-discounted price. These can be of Different type but in CENTRAL Mall ,Gurgaon advertised reference prices (ARPs) is being used which provide an external reference against which an offered price can be judged. . Example :- 1. JACK & JONES Denim is at Rs 4,500 now at 3,500/-only 2.Samsung Glaxy S @ Rs 8500/-now at 7,400/- It was well observed that during normal decision making (including estimating value), an initial value (an anchor) serves as a mental benchmark or starting point for estimating ‘real’ value. A reference price may therefore serve as an anchor that consumers make adjustments to in order to reach their final price estimate.
  • 39. The use of the word ‘Free’ or ‘Off’
  • 40. It was observed that due to the certainty effect. Any purchase carries a risk of buyer’s regret (e.g. ‘the chocolate did not taste as good as I’d thought’), whereas free things escape such regret as nothing was spent on it, causing people to overvalue anything that is free. While in case of few people choose the benefit which avoids trade-offs (including calculating discounts that require cognitive effort). Because free is an absolute price, we know exactly what it means. There is no relative thinking, and no calculation required, and most of all, no fear of loss. Caveats: Discounts, including free gifts, may actually undermine the product’s perceived quality and lower purchase intentions.
  • 41. Bait pricing This covers a range of practices, but essentially involves consumers being enticed with a discount, but subsequently ending up purchasing a more expensive product because there are very few, or indeed no, items available at the discounted price.
  • 42. The ‘commitment and consistency’ principle can be accounted for such customer`s behavior . Thus, bait sales may result in consumer detriment where consumers have been enticed with discounts and are then reluctant to continue searching elsewhere even where the offer is no longer available Caveats: Not all commitments are equally effective in producing consistent future action. Commitments are most effective when they are active, public, require effort, and are internally motivated (unforced
  • 43. Customer`s Expected Price Band Central`s Price Range Price Range Band (Men ) Denim Trouser Rs 1000 Rs 1200 Rs 5000 Rs 6000 Denim Shirt Rs 750/- Rs 900 Rs Rs 2500/- 3000/- Formal Shirts Rs 1000 Rs 1200 Rs 2500 Rs 3000 Formal Trouser Rs 1200 Rs 1600 Rs 3000 Rs 4000
  • 44. Customer`s Expected Price Band Central`s Price Range Price Range Band (Men ) T-shirt Rs 200 Rs 300 Rs 2500 Rs 3000 Shorts Rs 750/- Rs 900 Rs Rs 2500/- 3000/-
  • 45. Customer`s Expected Price Band Central`s Price Range Price Range Band (Women ) Denim Trouser Rs 1000 Rs 1200 Rs 5000 Rs 6000 Denim Shirt Rs 750/- Rs 900 Rs Rs 2500/- 3000/- Formal Shirts Rs 1000 Rs 1200 Rs 2500 Rs 3000 Formal Trouser Rs 1200 Rs 1600 Rs 3000 Rs 4000
  • 46. Customer`s Expected Price Band Central`s Price Range Price Range Band (Women) T-shirt Rs 200 Rs 300 Rs 2500 Rs 3000 Capries Rs 750/- Rs 900 Rs Rs 2500/- 3000/- Kurti Rs 500 Rs 800 Rs 2500 Rs 3000 Shorts Rs 1000/- Rs 1200 Rs Rs 2500/- 3000/-
  • 48.
  • 49. About CLP(Central Loyalty Program) “Part of India’s largest multi-partner loyalty program, ensuring you earn points faster than any other program currently running in India”
  • 50. Benefits •The Points you earn can be redeemed at CENTRAL or any of the partners outlets. •Promotions that will offer you bonus points ,special offers and online point redemption •On shopping of Rs 100 @ Central ,Central loyalty card holder will get 4 points . •One point is worth of 0.25 paisa. •Exclusive Friday Offer Earn Offer – Flash your Card, Shop and earn double the points only on Friday. (2x offer) Burn offer – Redeem your points and get 20 % of the points redeemed back.
  • 51. Payback customer loyality card • Gifts voucher • To organize events • • Payback customer loyality card:- it is a card as its name suggest what , pay back- central pay 1 Rs. Back to their customer while they shop for worth 100 Rs. Only from the central as well from their partners. • • After spending 100 Rs. Customers get 4 points and each points is equal to 25 paise. • • That points is vary at the different stores or partners . • Central gives extra points at a particular day ( Friday) .
  • 52. • Central did tie up with several partners and it is of three type :- • National partners • Online partners • Regional partners
  • 53. National parteners: 5°Points per Rs. 3°Points per Rs.100 Upto 3 °Points 6°Points per Rs. 100 200 4°Points per Rs. 100 3°Points per Rs. 100 Upto 2 °Points 4°Points per Rs.100 3°Points per Rs. 200 3°Points per Rs. 1 °Point per Rs. 200 100 3°Points per Rs. 200 Upto °10 Points 1°Point per Rs. 100
  • 54. Online partners 4 °Points per Rs.100 8 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 30 °Points per Trxn 4 °Points per Rs.100 4 °Points per Rs.100 8 °Points per Rs. 100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 50 °Points per Rs. 100 8 °Points per Rs.100 30 °Points per Trxn 30 °Points per Trxn
  • 55. 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs. 100 30 °Points per Trxn 4 °Points per Rs.100 4 °Points per Rs.100 30 °Points per Trxn 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 8 °Points per Rs. 100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100
  • 56. 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 30 °Points per Trxn 30 °Points per Trxn 8 °Points per Rs. 100 30 °Points per Trxn 30 °Points per Rs. 100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 50°points 1 Yr , 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs.100 4 °Points per Rs. 100 4 °Points per Rs.100
  • 57. Regional partners 12 °Points per Rs.100 2 °Points per Rs. 100
  • 58. 3500 3000 2500 No.of card issued 2000 No. of cards being used 1500 No. of Corporate loyality 1000 card used 500 0 May June July
  • 59. Gift vouchers • This voucher can be used at all Central Malls across India. • The Gift Voucher can be redeemed only once. • The Gift Voucher cannot be combined with any other scheme or offer at the store.Central gift vouchers are not valid in Food Bazaar cut-ins at Central stores,Not applicable for electronics, mobile, gold & shop-in-shop purchase • The Gift Voucher must be presented at the Payment Counter while settling the Bill. • The Gift Voucher must be redeemed at a time, in full and cannot, at any time, be exchanged for cash or currency. • This voucher cannot be exchanged for cash or cheque. • Vouchers once expired shall not be renewed.
  • 60. • Central Malls will not compensate for Gift Voucher that are lost or stolen, and no credit will be given for the same. • Expired Gift Vouchers can not be re-validated. • If the bill amount exceeds the amount of Gift certificate, the customer is supposed to pay in cash the balance amount. • If the bill amount is less than the amount in the gift certificate, the balance amount will not be returned back. • No cash will be returned against the Gift voucher. • This Gift Voucher cannot be redeemed in part value. Only one Gift Voucher can be availed in a single cash memo/invoice.
  • 61. Redeemable location: • These vouchers can be redeemed at any of the selected location that is given below: • Ahmedabad • Bangalore • Baroda • Gurgaon • Hyderabad • Indore • Mumbai • Navi Mumbai • Pune •
  • 62. 4500 4000 3500 3000 2500 Total No. Of GV Issued No. of GV used 2000 1500 1000 500 0 May June July
  • 63. Issues with GVs from customers • Two date of validity created problem • GV was valid for only 15 days (Time Duration was a problem) • Information regarding Terms and condition of GV was not very clear to every sales person and person at payment counter . • GV was valid for few of brands of selected category . Many customers registered complain for this regard . • GV was available on purchase of 3000 and more and many customer ended purchasing of worth 2950+ but not More than 3000 have concern for this regard and many of them requested to consider them for providing GVs. •
  • 64. PROMOTIONAL EVENT BEING ORGANISED :- • PROMOTIONAL EVENT BEING ORGANISED :- • Youth Festival :- • Different colleges , institutes were being visited by central representatives and students were informed about festival and invited to shop from Central . • Few of college being consulted – Shri ram college , St. Stefens , DSE , DCE , Amity , Apeeyjay college , IIT , Akash , Times ,JNU , Jamiya Millia etc. • Events being organized were :- • a)Interaction with Hip Hop King on 15th june 2012 • b)Competition of “Face of Month” in collaboration with NOMARKS , FM Radio Mirchi (Award being given on 27th june 2012 ) • 4)Fashion Shows on 22 June , 2012
  • 65. Mr. A . Prakash Announcing the winner of “Face of the month june on 18th july” • Activity Grab attention of young ladies and girls as central got overwhelming reponses in 1st 2 months itself . • Proving that Central continues to be brand of Young Generation.
  • 66. 600 500 400 Total Entries through Email 300 Total entries through Facebook Total Entries through 200 Post 100 0 June July
  • 67.  Hip Hop King interacting with kids from different dance classes . Event was organised in association with RED BULL
  • 68. No. of People came 140 120 100 80 No. of People came 60 40 20 0 Day 1 Day2 Day3
  • 69. Avg. Time Spent(in hours) 3.1 3 2.9 2.8 2.7 2.6 Avg. Time Spent(in hours) 2.5 2.4 2.3 2.2 Day 1 Day 2 Day3
  • 70. Place
  • 71. Fire Lift Jack Proline John Bare Exit Celio & Inexcess Status Quo Ajile Miller Jones Lee cooper Customer Service Desk / Wi-Fi central / Tr ail Gift Central Ro o Payment m Wrangler Lawman counter Integrity Urban Yoga Flying Machine Ajile LEVI`S Payment counter Manchester SPYKAR Puma BOSSINI Escalator to 4th floor United Tr PLANET USPA ail Denize SPORT Ro Speedo Fire o n m Exit Spadl ing Nike Lee FILA Law Pepe Cooper Vio Lee Converse 71 Man London LOTTO Adidas Reebok
  • 72. Indian Arrow VIP Li USPA WILD Wills Arrow New Carlton Provo Arrow CRAFT Terrain ge BARE PARX Lifestyle Sport York URBANA ft American Tourism Trail Room M F- Factor Louis TURTLE Payment Phillip V. Samsnite counter Louis Phillip Formal Belmonte Akkriti Wild Craft M VAN HUSSIAN Allen LOUIS solly PHILLIP Manyavar PARK Paymen counter All + AVENUE size t INDIGO M NATIO N LOMBARD M JOHN 72 SUCCESS Converse Daniel Raid & Player SCULLERS ARROW Black Berry John COLOR PLUS MILLER Heachter taylor
  • 73. UC ALLEN CAT HUSH RIG KIDS RUFFS G USPA SOLLY BARE WAL INC. ROCIA CLARK PUPPI CASH COUNTER B INI 5 E FRANCE & JO K LEORE NY RED TAPE TRIAL ROOM M F- Factor LOUIS LITTLE TITLE Payment PHILIP V. counter CHALAK BUCKRO BO O AR Belmonte Akkriti BONNIE ED WALK IN JEANS M LILIPUT GA Allen CATMO solly SS Manyavar ME S PUM Paymen counter BIBA GIRLS A t M ROOM TRIAL FUN SKO M OL 73 PIPPERMI TOYS E- LIFT & PANASONI MATTL CHICCO PINK & BLUE NT BACK E- CARE SECTION CARE C SAMSUNG
  • 75. Observation :- • Two type of salesperson (based on joining in central ):- I. Less than 3 month II. More than 1 year • Most of them are 12th pass . • Observations about category 1 salesperson i. Shy(lack effective communication skill) ii. Little product knowledge (merchandise , fit , fabric ,style ,trend ) iii. Body language (not impressive ) iv. Smartly Dressed v. Low confidence level • Observation about Category II salesperson I. Have good knowledge about product placement , price range , availability of demanded product in other brands, demanded style , current trends ,and key concern area (i.e unavailability of color , size , fit , fabric ) II. Negative attitude for communication was observed (reluctance to talk). III. “I know every thing “ attitude is also being seen in few of them . IV. Most of them have shared a common problem of unavailability of right product .
  • 76. More Retail Sales Tips  In the world of retail sales, actions count, not words. Results count, not promises.  Make sure you as a salesperson and your product and/or service promise a lot and deliver even more. Make big commitments, fulfill them all, and then give a little extra.  Don’t compete, create! Find out what everyone else is doing, and then don't do it. Be unique. Approach your retail sales in a way that sets you apart from other stores in a way that makes a positive and long lasting impression.  Remember a picture is worth a thousand words! Create positive pictures with the words you use.  Use the following magic words: free, new, you, discover, save, guaranteed, introducing, results, benefits, easy, proven, love, alternative, now, win, gain, happy, trustworthy, beautiful, comfortable, proud, healthy, safe, right, security, fun, value, advice, wanted, people and why.  Avoid the following words: buy, purchase, obligation, failure, bad, sell, loss, liability, difficult, wrong, decision, deal, hard, death, order, fail, cost, worry and contract.
  • 77. It is your obligation to close, and provide your customer with an opportunity to make a decision.  You will know where you are with your customer's "will-invest-line" by closing throughout the presentation and gauging the responses. As customer gets closer to the "will-invest-line", you will receive more positive responses.  Think of a balance scale as representing the way your customer's mind operates - weighing need, use and value against the required investment.  Remember to close early (not before the need is established and benefits of a product/service are known) and often, so you won't buy your product back.  Effective closing questions should be natural, sincere, yet assumptive (assume the sale). Include physical action. Offer a choice between alternatives. Be sure your question requires a response. After asking a closing question, be quiet. Usually, the one who breaks the silence gives in.  Objections do not mean "no". They mean your customer is interested in seeing more benefit, use, and value.  For objections that do not deserve a response, just cushion, bypass the objection and continue your presentation.  The READY formula suggests five ways to respond to an objection: reverse it, explain it, admit it, deny it, or ask "why?”
  • 78.  Develop a sense of belief / conviction about your service or product. Conviction alone is sometimes enough to handle even a major objection.  Always maintain a positive attitude by visualizing the gainful end result of your work for your customer, company and yourself. Even in the face of resistance, remember that your effort will be appreciated once your customer realizes you are there to help.  Develop a follow-up schedule for customers who bought from you. Remind them that you are there to help them with their future purchases. Remember it is five times easier to maintain an existing customer than to acquire a new one.  You don’t have to work as hard to achieve your numbers if you leave such an impression with your customers that they always ask for you when they come back.  Selling is a combination of science and art. Certain things must happen before a sale is made. Every customer/prospect must answer six questions: Do I want the product? Do I want this particular one? Do I want it now? Do I want to pay the price? Do I want to get it from you? Do I want to get it from your company?  Sell benefits not products. Show your passion when you describe a feature of your product, explain its function, explain the benefit of that function, prove the benefit by providing evidence, and ask a nail-down question to get your prospect's verbal acceptance of the benefit's value.  Benefits help you tune-in to your customer's mental radio station, WIIFM, "what's in it for me?".
  • 79. Key Concern Area for training :- • Product Knowledge • Expected Customer behaviour in particular category • Brand awareness • Interaction (communication ) • Personality development • Trends and Forecast • Reporting System
  • 80.
  • 81. Selling Process Approach Follow-Up Need Gaining Identification Commitment Presentation Handling Objections
  • 82. Delighting Customers • Acknowledge the arrival of a Customer with a pleasant smile • Be available for help at eyesight. • Understand your customer’s needs • Suggest alternatives as required • Be honest and sensitive about your comments • Cross sell to improve sales and value to customer experience • Make sure that the customer has a shopping basket
  • 83.
  • 84. Always smile while talking to a Customer. Always maintain an interested and helpful expression on your face. Effective Customer Interaction Maintain eye contact. Even if you are busy with other customer, look towards the customer and acknowledge his/her presence.
  • 85. Effective Customer Interaction Maintain a distance of at least 2 feet. Speak softly and clearly, without an artificial accent. Avoid unnecessary movements of hands and facial gestures.
  • 86. Effective Customer Interaction Stand erect at ease, but not in a casual manner. • Weight balanced on both feet. • Shoulders straight. • Chest out. • Stomach in.
  • 87. Keep your hands on the sides or behind your back. Do not keep your hands in the pockets or on the hips. Do not cross your arms across the chest. Do not lean against a counter/gondola. Effective Customer Interaction
  • 88. Top 7 Rules For Handling Customer Grievances To respond to a customer who has several legitimate complaints company must keep these seven rules firmly in mind. • Rule One: Listen with understanding & sympathy. This diffuses anger and demonstrates your concern. Tell the customer something such as "I am sorry you have been inconvenienced. Tell me what happened so that I can help you”. It is vital to show a sincere interest and willingness to help. The customer's first impression of you is all important in gaining co-operation. • Rule Two: No matter what or who caused the problem, never, ever blame or make excuses. Instead, take full responsibility and the initiative to do whatever you can to solve the problem as quickly as possible.
  • 89. Top 7 Rules For Handling Customer Grievances • Rule Three: Paraphrase and record what the customer tells you. Whenever you hear an important point say "let me make sure I understand; you were promised delivery on the 10th and you did not receive the product until the 1st of the following month. Is that correct?” • Rule Four: Find out what the customer wants. Do they want a refund, credit, discount or replacement? The customer is complaining because he/she has a problem and wants it solved as quickly as possible. Find out what their problem is so you can work towards it and not towards a solution they do not want. • Rule Five: Propose a solution and gain the customer’s support. When the customer tells you what he or she wants the solution is usually obvious. State your solution in a positive manner. "I will be happy to give you a full credit for it or other merchandise. Is that acceptable for you?” If it is acceptable, act promptly.
  • 90. Top 7 Rules For Handling Customer • Rule Six: Grievances If the customer does not like your solution, ask what they would consider a fair alternative. Never let a customer lose face. If you cannot meet their request, say so, but never say they are wrong, and never get into an argument with a customer. It is vital to be considerate of the customer’s feelings and to be courteous. Sometimes the customer knows full well that there is nothing you can do. All the customer really wants is someone to hear and respect his or her point of view, and you can always give them that. • Rule Seven: Follow up within a few days to ensure that the customer is completely satisfied. This last tip should ensure that the relationship is strengthened and you may well gain additional business.Do remember that, a customer’s loyalty is only as strong as the success of their last contact with you. Always remember that it takes 5-10 times to get a new customer than keeping the existing one.
  • 92. Central service: On the value-added front, Central has taken customer service to the next level by offering its customers a whole new range of services such as:  Gift Central  Beauty Central  Radio Central  Wi-fi Central  Flower Central. All that would add to the complete shopping experience
  • 93. Gift central • Gift central is the value added service which helps to : • Save time. • Reason of smile. • Money saving shopping
  • 94. Problems with gift central • Some time there is a huge cue. • Absence of employee. • Some time they don’t like the way they wrap it.
  • 95. 80 70 60 Avg. No. of customer used service 50 Avg. No. of Complains 40 Avg No. Suggestion 30 Avg. Time Taken to offer service per customer(IN MINUTE) 20 10 0 Other Days Weekends
  • 96. Beauty central Beauty central is another value added service for customers. It is not only gives a chance to look better or enhance their beauty in a few minutes but it also help to save time & money of the customer . Most of the customers enjoy & appreciate this service during shopping. This service is like “killing two birds with one stone “ First is that store is fullfil their desire and needs with affordable price. Second they can also enjoy of being very beautiful lady after use this free of cost service.
  • 97. Problems • Sales person are less aware about the beauty products that has been offered them to use for the beautification. • central don’t provide a special or huge space for beatification. • Privacy was expected by many customers .
  • 98. 25 20 Avg No. of Customer used this service 15 No. of Suggestion 10 No. of complain 5 0 others day Weekends
  • 99. Wifi central Problems • It gives the facility access to fast Limited to some extend only. speed internet connectivity to It was available only at the the customer : 3rd floor. • Net surfing Lack of charging plug. • Free Downloading (movie , song Limited chairs. etc) IT person was not easily • It was available near CSD ON 3RD available to help customers FLOOR in case of technical issues.
  • 100. 30 25 20 No. of customer avail this facility 15 Avg no. of time slow 10 connection being reported 5 Technical Issues being Raised 0 Other days Weekend
  • 101. Flower central • Earlier it was functional but due to unavailability of vendor it had been closed. • But Central Gurgaon is working out over possibilities to resume the service due to customer demand.
  • 102. Radio central: This service has been added for the customers entertainment only. It is Under Control of CSD (Customer Service Desk ) It starts from 11.30 AM and stops at 9.30 PM and CSD manager is responsible for smooth operation of this facility . It includes following :- Announcement of Offers . Music played in Mall I. Broadcast of Future TV through LCD TVs installed on each floor of Mall Information Given through Broadcast of Future TV are :- . Latest offers in Central . Information about Gift Voucher . Horoscope of the day . Weather Forecast . Latest Fashion Tips . Unknown facts about some celebrities . Review of Movies and about upcoming movies
  • 104. Rate the Ambience and music played in Central on a scale of 1 to 5 (1 being worst and 5 being best ) 100% 5% 5% 8% 90% 15% 12% 80% 10% 70% 1 60% 40% 2 45% 3 50% 4 40% 5 30% 20% 35% 25% 10% 0% Ambience Music
  • 105. Ambience of central mall gives a feeling of Blend of Indian Culture and Luxury with use of RED AND WHITE colors along with use of Flowery print . 100% 5% 8% 10% 10% 5% 10% 5% 3% 10% 5% 10% 15% 80% 25% 30% 35% 60% 45% 30% More than 20 minute 35% 15-20 minute 40% 22% 10-15 minute 20% 20% 45% 7-10 minute 20% 25% 5-7 minute 24% 24% 15% Less than 5 minute 2% 5% 1% 1% 0%
  • 106. When respondent were asked to identify / experience the change in Central Some of interesting response were :- Yaah ,…There is the use new fragrance . Escalators are clean . More no. of sales person are employed . Play Zone is being shifted from 4th floor to 1st floor Offers have Changed . Kiosk of Pay Back Is being Installed . Its difficult to say … I can not identify …. Sorry …. And many more such interesting answers ………….
  • 107. Question was being asked in context of Music being played that was stopped for 15 minutes on 11th , 18th , 25th June and 2nd and 9th of July . % of respondent 40% 35% 30% 25% 20% 15% % of respondent 10% 5% 0% Not Identified Identified in Identified in Identified in 1st attempt 2nd Attempt 3rd attempt
  • 108. Response of Open ended question “Have you listen song being played ?” is being recorded and articulated and result is as follow response 10% 15% Not Exactly listen but not actively yes 40% Don`t care 35%
  • 109. % of respondent 8% 17.50% 47.50% All the 3 Correct only 2 songs Correct 27.50% Only 1 song correctly Wrong Response
  • 110. Conclusion :- Physical Environment of Central Mall , Gurgaon was being appreciated by most of the customers . Fixture are being used in combination of Red and White colors , which gives glamorous and Luxury Feel to Customers . Though music is important part of physical environment as it helps in changing the mood of customer but it hardly play very vital role in consumer`s decision making process . As it being clear from finding of the research that only 40 % respondent told that they have listen the song and out of which only 52% were able to point out at least I song correctly . Even more 35% respondent were not able to identify the change when music was being stopped playing and 33% identified it in there last attempt (In 3rd attempt ) In another research being conducted in central it comes out as interesting result that more than 65% customers spend at least 5 minute on each floor .
  • 111. Key Learning 1. Planning and execution of Marketing Activity . 2. To deal with Customer`s Grievances 3. Maintenance of customer`s data Base. 4. Usages of proper Signage . 5. Different Process of Marketing Research 6. Customer`s Behavior . 7. Importance and process of Sales Man Training and evaluation
  • 112. Key Findings • All the 5 brands recalled by 65% respondents in all Apparel category are present in Central Mall. • It was being observed that Compromise effect was more influential in customers of Free Roamer. • While Attraction Effect is more dominant in decision making process of Aggressive Shoppers . • IIA is least dominant decision making factor in youths .
  • 113. Strategically Important Conclusion Drawn • Mr. Aggressive and Free Roamers are most influenced by Context effect . This can be used to design offers /in such a way that can increase conversion from Std. 30% to above . • Central Being Pioneer In seamless shopping mall must avoid Bait Pricing Strategy . • There is a gap being identified in Price range Band Model which must be bridged with appropriate product offering , to decrease opportunity lost . • Central Radio which controls music being played need to register itself in mind of consumer and how does it effects customer`s purchasing decision is needed to examined . • Uniformity in appearance of Salesman is missing so a proper training program must be implemented on regular time interval .
  • 114. • Flower central must be started as soon as possible so as to complete the Concept of CENTRAL. • Building strategy of pricing was most favored by perfectionist while free roamer influenced by psychological pricing. • Placement of brands on the floor have its own effect on customer’s behavior. In contrast of most expected result that brands in front of escalator will end up with more sale while actual result was different of it . Law of momentum plays critical role though such stores grab attention but registered lower sales than those brand away from escalator. • Physical environment of mall results in maintaining & entertaining mood of potential customers. But in studies it was found that aggressive purchaser were least bothered with kind of music being played. While perfectionist recalled 3 out of 5 times the last song being played.
  • 115. Limitation • Study was being conducted in real time situation so , change in marketing mix was not preferable . • Study was being conducted and data was being collected by two people limiting the sample size . • Analysis are being done by using statistical too l such as chi-square . • Laboratory condition could not be created . • There was less control over variance in response .

Editor's Notes

  1. The development of rapport with the customerThe chance to make a good first impressionThe salesperson should adapt to the potential customer’s social styleRequires asking probing questions of the prospective customer to determine needsThe salesperson should ask open-ended questionsMake sure that the customer’s needs and potential concerns are addressedThe focus of the sales presentation is the salesperson’s explanation of how the features of the product provide “benefits”Presentation may be flexible or memorizedThe salesperson should be prepared to provide documentation for any statements of fact that are madeThe salesperson may have failed to provide adequate information, or have not demonstrated how the product meets the needs of the prospectObjection as a sign of interest on the part of the prospectProvide information that will ensure the prospect’s confidence in making the purchaseCommitment is gained when the prospect agrees to take the action sought by the salespersonThe salesperson must ask for commitmentThe salesperson complete any agreed upon actionsThe salesperson should stay in touch after the sale by writing thank-you notes, clipping and mailing newspaper articles of interest to the prospect and calling on the customer to ensure the customer’s satisfaction
  2. For good customer service, go the extra mile. Include a thank-you note in a customer's package; send a birthday card; clip the article when you see their name or photo in print; write a congratulatory note when they get a promotion. There are all sorts of ways for you to keep in touch with your customers and bring them closer to you.6. Are your customers greeted when they walk in the door or at least within 30-40 seconds upon entering? Is it possible they could come in, look around, and go out without ever having their presence acknowledged? It is ironic it took a discount merchant known for price, not service, to teach the retail world the importance of greeting customers at the door. Could it be that’s because Sam Walton knew this simple but important gesture is a matter of respect, of saying "we appreciate your coming in," having nothing to do with the price of merchandise?7. Give customers the benefit of the doubt. Proving to him why he’s wrong and you’re right isn’t worth losing a customer over. You will never win an argument with a customer, and you should never, ever put a customer in that position.8. If a customer makes a request for something special, do everything you can to say yes. The fact that a customer cared enough to ask is all you need to know in trying to accommodate her/him. It may be an exception from your customer service policy, but (if it isn’t illegal) try to do it. Remember you are just making one exception for one customer, not making new policy.