This document provides information about organized retail outlets in Bareilly, India. It discusses Vishal Mega Mart, the flagship store of Vishal Retail Ltd, which operates 172 hypermarket stores across 110 cities in India totaling over 2.4 million square feet of retail space. Vishal Mega Mart stores offer a wide variety of fashion garments and products at affordable price points. The stores have become popular destinations for bargain hunters and fashion enthusiasts. Vishal Retail Ltd was founded in 2001 to capitalize on the emerging potential of India's growing retail industry.
The document provides an executive summary and introduction about organized retail stores in India. It discusses that organized retail stores are market leaders in retailing that have been successful in upgrading consumers and introducing new products. It also discusses that most respondents prefer branded products and purchase items based on brand name. The document then discusses the importance of customer satisfaction for businesses in a competitive marketplace.
The document presents information on the retail industry in India. It discusses the types of retail formats in India, including organized and unorganized sectors. It notes that the organized retail sector accounts for only 4.6% of the Indian retail market. Several key players in apparel, electronics, and general retail are mentioned along with details about their store formats, locations, and positioning. Future projections estimate the Indian retail industry will grow to Rs. 990,037 Cr by 2010 with organized retail growing at 25-30% annually.
This document provides an executive summary and introduction to a research project report comparing Vishal Megamart in Sonepat, India. The report was submitted by 5 students under the guidance of an assistant professor. It discusses the growth of the retail sector in India and provides background on Vishal Retail Ltd's history since 1986. The report also reviews literature, discusses the research methodology, analyzes and interprets findings, lists complaints, and provides recommendations based on a questionnaire.
A study on changing consumer preference towards organised retailing from unor...Joshua Solomon
This study examines changing consumer preferences from unorganized to organized retailing in India. It analyzes factors influencing consumers to prefer organized retailers, such as the availability of all grocery products in one place, clear product classification, computerized billing, parking facilities, and credit card options. The study revealed customers' grocery shopping preferences are shifting from local kirana stores to organized convenience stores, with brand choice and credit cards being major determinants of this preference change.
The document provides information about the retail industry and Big Bazaar, a major retail company in India. It discusses sectorial information on the retail industry globally and in India, including historical growth and contributions to GDP. It then focuses on Big Bazaar, providing details on the company's market share, competitors, target markets, vision, business model, jobs, and recruitment process. The document contains detailed information and analysis on the retail industry and Big Bazaar's operations.
The document provides an overview of operations at retail industry in India. It discusses [1] the growing organized retail sector in India compared to the largely unorganized traditional retail sector, [2] the various formats of retail operations including trends in urban and rural retail markets, and [3] some of the key challenges in retail operations related to location and merchandise selection. The objective of the project report is to examine current supply chain and operations management practices in the retail industry.
Project report on retail marketing in indiaGaurav Tyagi
This document provides an overview and analysis of retail marketing in India. It discusses how the Indian retail industry is evolving in line with other large economies. Organized retail currently accounts for about 2% of the market but is projected to grow significantly. The document examines factors driving retail growth in India like rising incomes and exposure to global products. It also outlines the different retail formats that have emerged like department stores and analyzes parameters that influence customers' visits to departmental stores.
A project report on consumer preference towards organized and unorganized ret...Projects Kart
This document provides an overview of a project report on consumer preferences toward organized and unorganized retail stores in India. It acknowledges those who helped with the project and provides an executive summary of the report's contents. The report will examine retail in India, profiles of major retail companies like Reliance and Raheja, research objectives and methodology, data analysis, findings and suggestions. It defines what retail is and the major forms it takes in commerce.
The document provides an executive summary and introduction about organized retail stores in India. It discusses that organized retail stores are market leaders in retailing that have been successful in upgrading consumers and introducing new products. It also discusses that most respondents prefer branded products and purchase items based on brand name. The document then discusses the importance of customer satisfaction for businesses in a competitive marketplace.
The document presents information on the retail industry in India. It discusses the types of retail formats in India, including organized and unorganized sectors. It notes that the organized retail sector accounts for only 4.6% of the Indian retail market. Several key players in apparel, electronics, and general retail are mentioned along with details about their store formats, locations, and positioning. Future projections estimate the Indian retail industry will grow to Rs. 990,037 Cr by 2010 with organized retail growing at 25-30% annually.
This document provides an executive summary and introduction to a research project report comparing Vishal Megamart in Sonepat, India. The report was submitted by 5 students under the guidance of an assistant professor. It discusses the growth of the retail sector in India and provides background on Vishal Retail Ltd's history since 1986. The report also reviews literature, discusses the research methodology, analyzes and interprets findings, lists complaints, and provides recommendations based on a questionnaire.
A study on changing consumer preference towards organised retailing from unor...Joshua Solomon
This study examines changing consumer preferences from unorganized to organized retailing in India. It analyzes factors influencing consumers to prefer organized retailers, such as the availability of all grocery products in one place, clear product classification, computerized billing, parking facilities, and credit card options. The study revealed customers' grocery shopping preferences are shifting from local kirana stores to organized convenience stores, with brand choice and credit cards being major determinants of this preference change.
The document provides information about the retail industry and Big Bazaar, a major retail company in India. It discusses sectorial information on the retail industry globally and in India, including historical growth and contributions to GDP. It then focuses on Big Bazaar, providing details on the company's market share, competitors, target markets, vision, business model, jobs, and recruitment process. The document contains detailed information and analysis on the retail industry and Big Bazaar's operations.
The document provides an overview of operations at retail industry in India. It discusses [1] the growing organized retail sector in India compared to the largely unorganized traditional retail sector, [2] the various formats of retail operations including trends in urban and rural retail markets, and [3] some of the key challenges in retail operations related to location and merchandise selection. The objective of the project report is to examine current supply chain and operations management practices in the retail industry.
Project report on retail marketing in indiaGaurav Tyagi
This document provides an overview and analysis of retail marketing in India. It discusses how the Indian retail industry is evolving in line with other large economies. Organized retail currently accounts for about 2% of the market but is projected to grow significantly. The document examines factors driving retail growth in India like rising incomes and exposure to global products. It also outlines the different retail formats that have emerged like department stores and analyzes parameters that influence customers' visits to departmental stores.
A project report on consumer preference towards organized and unorganized ret...Projects Kart
This document provides an overview of a project report on consumer preferences toward organized and unorganized retail stores in India. It acknowledges those who helped with the project and provides an executive summary of the report's contents. The report will examine retail in India, profiles of major retail companies like Reliance and Raheja, research objectives and methodology, data analysis, findings and suggestions. It defines what retail is and the major forms it takes in commerce.
The document discusses the Indian retail sector. It outlines the evolution of retail in India from barter systems to modern organized retail chains and malls. It also discusses key players in the Indian retail space, factors driving growth in the sector, challenges faced, and strategies adopted by major retailers like Kishore Biyani to succeed in India.
This document discusses operations management at Big Bazaar, an Indian retail chain. It provides background on Big Bazaar and analyzes several aspects of its operations, including facility location, layout planning, supply chain management, inventory management, and queuing times. The document finds that Big Bazaar's main competitive advantages are its everyday low pricing strategy and large product variety. It aims to provide more or less the same products at lower prices than other retailers.
Big Bazaar is a retail chain owned by Pantaloon Retail (India) Ltd. that aims to provide the lowest prices to India's middle class consumers. It operates over 150 stores across India. Big Bazaar differentiates itself through its large store sizes, wide selection of products across categories, and competitive pricing through bulk sourcing and cost efficiencies. It uses various promotional strategies like weekly discounts and loyalty programs to drive footfall. While organized retail provides an opportunity for growth, Big Bazaar faces threats from unorganized retail and potential increased competition from other domestic and global retailers entering the Indian market.
The document discusses store layout, design, and visual merchandising. It describes different types of store layouts including grid, racetrack, and free-form layouts. It also discusses elements of store atmosphere and design objectives. Key considerations for store layout include allocation of floor space, area mix, merchandise type and density, and prime locations for merchandise placement.
The Indian retail sector has traditionally been dominated by small, unorganized stores but has seen significant growth in organized retail chains in recent decades. While organized retail makes up only 3% of the total market currently, it is growing rapidly at 25-30% annually and is expected to triple in size to $24 billion by 2010. Major retailers are expanding rapidly across India, but the retail market remains fragmented compared to other countries and further consolidation is expected.
A research project report on comparative study of vishal megamart and its com...Projects Kart
This document is a research project report submitted for a Master's degree that analyzes Vishal Megamart, a retailer in Lucknow, India. It includes an executive summary, introduction to the Indian retail industry, company profile, SWOT analysis, and research on Vishal Megamart and its competitors. The report is divided into two parts, with the first covering the company overview and analysis, and the second describing the research objectives, methodology, findings, and limitations of the comparative study.
A hypermarket is a superstore that combines a supermarket and department store. It carries a wide range of grocery items and general merchandise under one roof, allowing customers to satisfy all of their routine shopping needs in one trip. Hypermarkets originated in France and are very large stores, typically over 200,000 square feet, that focus on high volume/low margin sales. They generally have suburban locations that are easily accessible by car.
- India's consumer market is projected to grow substantially between 2005-2025, driven by rapid income growth. Household income and spending are forecasted to nearly triple and quadruple respectively in this period.
- Food and beverages currently make up the largest share of household spending but this share is expected to decline as discretionary spending increases from 30% to 70% of the total.
- The number of high-income "rich" households is estimated to grow from 12 lakh in 2005 to over 9.5 million by 2025, accounting for nearly a quarter of India's total income. This segment influences overall consumption trends.
This document provides an overview of the retail industry in India. It discusses that while the majority of retail in India is still unorganized, the organized retail sector is growing rapidly at around 25-30% annually. Key factors driving this growth include rising incomes, changing consumer preferences, and the entry of large domestic and international retailers. The organized retail sector is expected to increase its market share from the current 2% to around 15-20% over the next decade. This represents a significant opportunity for the growth of organized retail in India.
Shoppers Stop-Competitive Advantage in Retail IndustryMeenaskhi Gaur
This document provides an overview of Shoppers Stop, a leading retailer in India. It discusses the company's vision, specialty stores, awards, financial performance, SWOT analysis, and competitive advantage in the retail industry. Key findings indicate that Store ambience and layout, product quality, additional facilities and services, and a preference for loyal consumers contribute to Shoppers Stop's competitive advantage, while limited offers and discounts and store locations weaken its advantage relative to competitors. The document recommends expanding Shoppers Stop's geographical reach, focusing service strategies, minimizing customer annoyances, ongoing consumer research, and providing better prices and discounts to enhance its position in the retail market.
This project report provides a case study on consumer behavior at Pantaloon Fresh Fashion, located in Cross River Mall, Shahdara, Delhi. It discusses retailing in India and provides a company profile of Pantaloon Retail, including information on their brands and store formats. The report will analyze consumer data collected through questionnaires to understand customers' reasons for choosing Pantaloon and provide recommendations.
This document provides an overview of Shoppers Stop, an Indian department store chain. It discusses the company's history and operations, competitive strengths, growth strategies, and financial projections. Some key points:
- Shoppers Stop is a leading department store retailer in India with a strong presence in major cities.
- It enjoys advantages from its niche focus on department stores and loyal customer base.
- The company plans to expand into new retail formats like home improvement and hypermarkets to drive further growth.
- Given industry growth projections and Shoppers Stop's expansion plans, the author expects the company to achieve a 31.6% revenue CAGR over the next 3 years.
Alibaba is a Chinese e-commerce company founded in 1999 by Jack Ma. It operates online marketplaces like Taobao and Tmall, handling more transactions than Amazon and eBay combined. With hundreds of millions of users, Alibaba dominates China's online shopping market. It has expanded into cloud computing, digital payments, and new strategic investments as it seeks to maintain growth and compete in an increasingly mobile environment.
The document is a report submitted by Sandip Barman, a marketing and operations intern at Reliance Retail. The report covers four phases of the internship: 1) A market research study on customer non-buying behavior at Reliance Trends stores. 2) An analysis of basic floor operations and display options at Reliance Trends. 3) A conversion drive project assigned to improve conversion rates. 4) A competitors analysis of stores like Pantaloons, Max and Fashion at Big Bazaar. The report provides insights into retail operations, strategies and performance for Reliance Trends.
A project report on retail industry in global environmentProjects Kart
This document is a project study report submitted for a Master's degree in Business Administration (Finance). It examines the retail industry in a global environment. The report includes an introduction to the retail industry, objectives and role of the industry, a literature review on challenges in the industry, hypotheses on the past, present and future of the industry, limitations of the study, methodology, and significance of studying the industry. It also includes sections on opportunities for Western retailers in India, benefits to Indian consumers, research and analysis of trends and major players, findings, and conclusions.
project report on topic comparative analysis of Big Bazaar and Vishal mega martc143k
This document provides an overview of the retail industry in India. It begins with an executive summary that outlines key facts about the size and growth of the Indian retail industry. It then covers topics such as the meaning of retail, industry structure, profiles of major Indian retailers like Vishal Retail Ltd, objectives of the study, research methodology, and conclusions. The document aims to analyze the Indian retail scenario, consumer trends, and identify retail models that could work in India. It examines both global and Indian retail trends to understand characteristics and drivers of change in the Indian retail industry.
This document discusses retail management. It defines retail management as managing all activities involved in making products available to customers, including capital raising, purchasing, accounting, distribution, product development, and marketing. The key aspects of retail management are bringing customers into stores to fulfill their needs by providing a variety of products and services in a convenient manner. Effective retail management requires considering social, economic, technological, political, and legal factors. The main challenges are providing excellent customer service while achieving fair profits in a competitive environment and retaining customers.
Big Bazaar is a hypermarket retail chain owned by Future Group that caters to middle-class customers. It offers a wide range of products across categories at low prices under its everyday low pricing strategy. Big Bazaar recruits and trains employees well and aims to retain them by offering competitive pay and benefits. It segments customers by age, income, location and focuses on price-conscious groups. The company plans to expand its network of 350 stores across India and increase annual revenues to $2 billion by focusing on smaller cities and promotional offers. Key competitors include Walmart, DMart and Reliance Trends but Big Bazaar differentiates through its cheap prices and great exchange offers.
Pantaloons is a lifestyle department store owned by Future Retail Ltd. and located in over 60 cities across India. The group analyzed the trade area around the Pantaloons store located in Shipra Mall, which has effective store layout and design to attract customers. The store uses planograms to optimize product placement and utilizes space productivity. Key performance metrics include conversion rate, ticket size, and basket size. The store employs various visual merchandising techniques and maintains an online presence to engage customers.
Research project on packaged drinking water industryPallav Tyagi
This document summarizes a research project conducted on the packaged drinking water industry in India. The research methodology included collecting primary data through an online questionnaire with 100 respondents and secondary data from company websites and articles. Key findings include that brand and availability are primary factors considered when purchasing bottled water, with Bisleri being the most preferred brand. Most customers buy bottled water in 500ml or 1L sizes from local vendors. The conclusion recommends that brands focus on hygiene over price reductions and expand distribution through local retailers.
The data processing program creates decision rules from a dataset using the ID3 algorithm. It cleanses data by removing inconsistencies and selects attributes using thresholds. The program builds an ID3 tree visualized in another window. Users can prune the tree and generate rules to test using different testing tools. The program has menus and tools to process data, visualize results, and test rule accuracy.
The document discusses the Indian retail sector. It outlines the evolution of retail in India from barter systems to modern organized retail chains and malls. It also discusses key players in the Indian retail space, factors driving growth in the sector, challenges faced, and strategies adopted by major retailers like Kishore Biyani to succeed in India.
This document discusses operations management at Big Bazaar, an Indian retail chain. It provides background on Big Bazaar and analyzes several aspects of its operations, including facility location, layout planning, supply chain management, inventory management, and queuing times. The document finds that Big Bazaar's main competitive advantages are its everyday low pricing strategy and large product variety. It aims to provide more or less the same products at lower prices than other retailers.
Big Bazaar is a retail chain owned by Pantaloon Retail (India) Ltd. that aims to provide the lowest prices to India's middle class consumers. It operates over 150 stores across India. Big Bazaar differentiates itself through its large store sizes, wide selection of products across categories, and competitive pricing through bulk sourcing and cost efficiencies. It uses various promotional strategies like weekly discounts and loyalty programs to drive footfall. While organized retail provides an opportunity for growth, Big Bazaar faces threats from unorganized retail and potential increased competition from other domestic and global retailers entering the Indian market.
The document discusses store layout, design, and visual merchandising. It describes different types of store layouts including grid, racetrack, and free-form layouts. It also discusses elements of store atmosphere and design objectives. Key considerations for store layout include allocation of floor space, area mix, merchandise type and density, and prime locations for merchandise placement.
The Indian retail sector has traditionally been dominated by small, unorganized stores but has seen significant growth in organized retail chains in recent decades. While organized retail makes up only 3% of the total market currently, it is growing rapidly at 25-30% annually and is expected to triple in size to $24 billion by 2010. Major retailers are expanding rapidly across India, but the retail market remains fragmented compared to other countries and further consolidation is expected.
A research project report on comparative study of vishal megamart and its com...Projects Kart
This document is a research project report submitted for a Master's degree that analyzes Vishal Megamart, a retailer in Lucknow, India. It includes an executive summary, introduction to the Indian retail industry, company profile, SWOT analysis, and research on Vishal Megamart and its competitors. The report is divided into two parts, with the first covering the company overview and analysis, and the second describing the research objectives, methodology, findings, and limitations of the comparative study.
A hypermarket is a superstore that combines a supermarket and department store. It carries a wide range of grocery items and general merchandise under one roof, allowing customers to satisfy all of their routine shopping needs in one trip. Hypermarkets originated in France and are very large stores, typically over 200,000 square feet, that focus on high volume/low margin sales. They generally have suburban locations that are easily accessible by car.
- India's consumer market is projected to grow substantially between 2005-2025, driven by rapid income growth. Household income and spending are forecasted to nearly triple and quadruple respectively in this period.
- Food and beverages currently make up the largest share of household spending but this share is expected to decline as discretionary spending increases from 30% to 70% of the total.
- The number of high-income "rich" households is estimated to grow from 12 lakh in 2005 to over 9.5 million by 2025, accounting for nearly a quarter of India's total income. This segment influences overall consumption trends.
This document provides an overview of the retail industry in India. It discusses that while the majority of retail in India is still unorganized, the organized retail sector is growing rapidly at around 25-30% annually. Key factors driving this growth include rising incomes, changing consumer preferences, and the entry of large domestic and international retailers. The organized retail sector is expected to increase its market share from the current 2% to around 15-20% over the next decade. This represents a significant opportunity for the growth of organized retail in India.
Shoppers Stop-Competitive Advantage in Retail IndustryMeenaskhi Gaur
This document provides an overview of Shoppers Stop, a leading retailer in India. It discusses the company's vision, specialty stores, awards, financial performance, SWOT analysis, and competitive advantage in the retail industry. Key findings indicate that Store ambience and layout, product quality, additional facilities and services, and a preference for loyal consumers contribute to Shoppers Stop's competitive advantage, while limited offers and discounts and store locations weaken its advantage relative to competitors. The document recommends expanding Shoppers Stop's geographical reach, focusing service strategies, minimizing customer annoyances, ongoing consumer research, and providing better prices and discounts to enhance its position in the retail market.
This project report provides a case study on consumer behavior at Pantaloon Fresh Fashion, located in Cross River Mall, Shahdara, Delhi. It discusses retailing in India and provides a company profile of Pantaloon Retail, including information on their brands and store formats. The report will analyze consumer data collected through questionnaires to understand customers' reasons for choosing Pantaloon and provide recommendations.
This document provides an overview of Shoppers Stop, an Indian department store chain. It discusses the company's history and operations, competitive strengths, growth strategies, and financial projections. Some key points:
- Shoppers Stop is a leading department store retailer in India with a strong presence in major cities.
- It enjoys advantages from its niche focus on department stores and loyal customer base.
- The company plans to expand into new retail formats like home improvement and hypermarkets to drive further growth.
- Given industry growth projections and Shoppers Stop's expansion plans, the author expects the company to achieve a 31.6% revenue CAGR over the next 3 years.
Alibaba is a Chinese e-commerce company founded in 1999 by Jack Ma. It operates online marketplaces like Taobao and Tmall, handling more transactions than Amazon and eBay combined. With hundreds of millions of users, Alibaba dominates China's online shopping market. It has expanded into cloud computing, digital payments, and new strategic investments as it seeks to maintain growth and compete in an increasingly mobile environment.
The document is a report submitted by Sandip Barman, a marketing and operations intern at Reliance Retail. The report covers four phases of the internship: 1) A market research study on customer non-buying behavior at Reliance Trends stores. 2) An analysis of basic floor operations and display options at Reliance Trends. 3) A conversion drive project assigned to improve conversion rates. 4) A competitors analysis of stores like Pantaloons, Max and Fashion at Big Bazaar. The report provides insights into retail operations, strategies and performance for Reliance Trends.
A project report on retail industry in global environmentProjects Kart
This document is a project study report submitted for a Master's degree in Business Administration (Finance). It examines the retail industry in a global environment. The report includes an introduction to the retail industry, objectives and role of the industry, a literature review on challenges in the industry, hypotheses on the past, present and future of the industry, limitations of the study, methodology, and significance of studying the industry. It also includes sections on opportunities for Western retailers in India, benefits to Indian consumers, research and analysis of trends and major players, findings, and conclusions.
project report on topic comparative analysis of Big Bazaar and Vishal mega martc143k
This document provides an overview of the retail industry in India. It begins with an executive summary that outlines key facts about the size and growth of the Indian retail industry. It then covers topics such as the meaning of retail, industry structure, profiles of major Indian retailers like Vishal Retail Ltd, objectives of the study, research methodology, and conclusions. The document aims to analyze the Indian retail scenario, consumer trends, and identify retail models that could work in India. It examines both global and Indian retail trends to understand characteristics and drivers of change in the Indian retail industry.
This document discusses retail management. It defines retail management as managing all activities involved in making products available to customers, including capital raising, purchasing, accounting, distribution, product development, and marketing. The key aspects of retail management are bringing customers into stores to fulfill their needs by providing a variety of products and services in a convenient manner. Effective retail management requires considering social, economic, technological, political, and legal factors. The main challenges are providing excellent customer service while achieving fair profits in a competitive environment and retaining customers.
Big Bazaar is a hypermarket retail chain owned by Future Group that caters to middle-class customers. It offers a wide range of products across categories at low prices under its everyday low pricing strategy. Big Bazaar recruits and trains employees well and aims to retain them by offering competitive pay and benefits. It segments customers by age, income, location and focuses on price-conscious groups. The company plans to expand its network of 350 stores across India and increase annual revenues to $2 billion by focusing on smaller cities and promotional offers. Key competitors include Walmart, DMart and Reliance Trends but Big Bazaar differentiates through its cheap prices and great exchange offers.
Pantaloons is a lifestyle department store owned by Future Retail Ltd. and located in over 60 cities across India. The group analyzed the trade area around the Pantaloons store located in Shipra Mall, which has effective store layout and design to attract customers. The store uses planograms to optimize product placement and utilizes space productivity. Key performance metrics include conversion rate, ticket size, and basket size. The store employs various visual merchandising techniques and maintains an online presence to engage customers.
Research project on packaged drinking water industryPallav Tyagi
This document summarizes a research project conducted on the packaged drinking water industry in India. The research methodology included collecting primary data through an online questionnaire with 100 respondents and secondary data from company websites and articles. Key findings include that brand and availability are primary factors considered when purchasing bottled water, with Bisleri being the most preferred brand. Most customers buy bottled water in 500ml or 1L sizes from local vendors. The conclusion recommends that brands focus on hygiene over price reductions and expand distribution through local retailers.
The data processing program creates decision rules from a dataset using the ID3 algorithm. It cleanses data by removing inconsistencies and selects attributes using thresholds. The program builds an ID3 tree visualized in another window. Users can prune the tree and generate rules to test using different testing tools. The program has menus and tools to process data, visualize results, and test rule accuracy.
This document provides an overview of insurance and analyzes an insurance company (Tata AIG) with respect to it. It begins with defining insurance as the equitable transfer of risk from one entity to another in exchange for money. It then discusses the key characteristics that make a risk insurable, such as the risk being accidental, calculable, and involving a large number of similar exposure units. The rest of the document appears to provide context on insurance regulation in India and analyze Tata AIG's financial statements and business profile.
The document discusses India's indirect tax system. It provides an overview of key indirect taxes like sales tax, service tax, customs and excise duties. It notes that the indirect tax system has undergone extensive reforms in recent decades to meet international competition requirements. Some key reforms discussed include the introduction of VAT and efforts to integrate indirect taxes. The document also provides details on the introduction and growth of service tax in India as well as implications and issues with indirect taxes.
The document analyzes loan data from Lending Club to determine the relationship between interest rate and FICO score. It finds a significant negative association, with interest rate decreasing by 1% for every increase of 0.08 in FICO score. Other variables like loan length, amount borrowed, and amount funded also influence interest rate and FICO score. Including these in the analysis improves the model but does not remove the negative relationship between interest rate and FICO score.
This document discusses hypothesis testing and interpretation of data. It provides an example of two lecturers, Sandy and Mandy, who want to test whether providing seminar classes in addition to lectures improves student performance compared to lectures alone. The document outlines the steps in hypothesis testing: 1) Identify the research problem and variables, 2) Specify the null and alternative hypotheses, 3) Choose a significance level, 4) Identify the test statistic, 5) Determine the rejection region, and 6) Select the appropriate statistical test. It defines type 1 and type 2 errors and explains key concepts like the null hypothesis, alternative hypothesis, and significance level.
The document summarizes a research study that examines the association between social class and confidence in banks using survey data from 1972-2012 in the United States. It provides descriptive statistics showing that most respondents identified as working or middle class and reported having only some confidence in financial institutions. Chi-square tests of independence were used to test if social class and confidence in banks are dependent or independent. The results showed a negative relationship between social class and confidence, with those in lower classes reporting less confidence.
JIMS Rohini offers 2 years PGDM- Retail Management programme aims to:To provide students with the comprehensive understanding of the theoretical and applied aspects of Retail Management along with other functional areas of Marketing, Finance, Entrepreneurship, Ecommerce & Visual Merchandising.
To equip students with the practical, research and analytical skills necessary for a professional management career in the retail trade or an allied sector. The curriculum has been designed keeping into consideration the requirement of Retail industry as well as operations of other industries such as Banking, Telecom, Insurance, Consumer Durable, Hospitality etc. - JIMS Rohini News
Standards of Auditing - Introduction and Application in the Indian ContextBharath Rao
This document provides an introduction to auditing standards and their application. It discusses the need for uniform benchmarks in auditing for purposes like investor protection, compliance, and growth. Key sections of the Companies Act relating to auditor reports and professional ethics are presented. Common auditing standards used are identified, including SA 200 on audit principles, SA 210 on engagement terms, and SA 700 on audit reports. The structure of a typical auditing standard document is outlined, with components like objectives, requirements, and explanatory material.
IndusInd Bank is an Indian private sector bank established in 1994. It provides various banking products and services including personal, corporate, wealth management, international, and digital banking. The bank has expanded rapidly and as of 2015 had over 700 branches across India. It aims to double its branch network by 2017. IndusInd Bank adheres to auditing standards which provide guidelines for conducting independent audits of financial statements to assess if they accurately reflect the bank's financial position. The objective is to enable the auditor to express an opinion on whether the statements provide a true and fair view.
This document describes a student financial service system project for a university. The system will allow students to access financial services like depositing money, applying for loans, and make payments for fees and other services online. Key features include creating bank accounts, depositing and withdrawing funds, applying and processing loans, accessing the library, and ordering food online. The system aims to streamline financial processes for students and ensure timely billing and collections. Non-functional requirements around performance, security, portability and maintainability are also specified. Use case diagrams show interactions between students, managers, library staff and the system for admission, financial, and payment processes.
Mobilizing Local Government Tax Revenue for Adequate Service Delivery in Nige...Oghenovo Egbegbedia
This document is a project work submitted in partial fulfillment of a Master's degree in Economics. It examines mobilizing local government tax revenue for adequate service delivery in Nigeria through an empirical analysis from 1970 to 2007. The introduction provides background on local government in Nigeria, outlines the statement of problem as inadequate funding limiting local government effectiveness. The objectives are to determine how to mobilize local tax revenue for adequate health and education services and explore intergovernmental transfers to decentralize financing in the absence of sufficient local revenue. The study aims to evaluate ways to mobilize local tax revenue for adequate service delivery in Nigeria.
The document discusses the objectives and responsibilities of an auditor when conducting an audit in accordance with auditing standards. It covers several key points:
1) The overall objectives of an audit are to obtain reasonable assurance that the financial statements are free of material misstatement and to report findings. The auditor must comply with ethical standards and exercise professional skepticism, judgment, and obtain sufficient evidence.
2) The terms of an audit engagement must be agreed upon in writing with management and include the scope, responsibilities of the auditor and management, applicable financial reporting framework, and expected report form.
3) On recurring audits, the auditor assesses if terms need revising due to changes in circumstances, management, ownership or other factors
The document is a student project report on e-banking in India. It includes an introduction that defines e-banking and discusses its background and development. It also outlines the objectives, methodology and limitations of the study. The conceptual framework section discusses how online banking works and its benefits to customers. The data analysis section examines how the internet and world wide web have enabled online banking services.
This document is a project report submitted by a student named Vivek Shriram Mahajan to the University of Mumbai for their M.Com program. The report includes an introduction to auditing, the history of auditing, principles of auditing, types of audits, features of company accounts, objectives of a company audit, and a conclusion. It covers topics like the definition of auditing, principles like integrity and independence, types of audits, requirements for company financial statements, and the purpose of a company audit.
The document is a project report submitted by Arpan Mukherjee to the University of Mumbai for a Bachelor of Management Studies degree. The report examines awareness and usage of e-banking in India. It provides background on the development of e-banking in India, including how private banks have embraced new technologies more readily than public sector banks. The report also analyzes the opportunities and challenges of e-banking adoption in India, such as security concerns, low internet penetration rates, and the need for regulatory clarity.
This document summarizes an applied research project report for Think Procurement. The report identifies potential suppliers for Think and analyzes their requirements and preferences regarding online vs conventional distribution strategies. Key findings include that Think should adopt an aggressive social media content strategy, address suppliers' issues with debtor days and invoicing, and that supplier preferences vary by industry. Using an online portal could reduce suppliers' debtor days by 75%. The document provides background on Think's e-procurement platform and processes.
This document provides details about Arpita Gupta's summer internship project at Mother Dairy. The project involved identifying factors behind decreasing market share and studying consumer behavior. It includes sections on the organizational background of Mother Dairy, literature review on topics like supply chain management and distribution channels, a competitor analysis, a study of distributors and retailers, the research methodology used, and planned conclusions and recommendations. The overall aim was to understand reasons for low sales and identify measures to increase sales.
This document provides an overview and executive summary of retail marketing in India. It discusses how the Indian retail industry is beginning to evolve with growing affluence and changing demographics. Department stores are emerging as a popular shopping option for their convenience and variety. The document examines store retailing like department stores and non-store retailing options. It aims to study the factors influencing customers' visits and purchases at department stores in Delhi. Research found department stores are becoming a top priority for busy customers seeking convenience and exposure to products under one roof. Stores work to convert first-time to repeat customers through relationships.
The document provides an overview of the growing retail industry in India. It discusses the transformation from traditional small shops to modern organized retailers. Department stores are emerging as a popular shopping option for Indians with busy lifestyles seeking convenience and variety. The objective of the research was to understand factors influencing customers' visits to department stores and contributing to their sales and success.
This document provides an overview of the evolution of organized retail in India, with a focus on food and grocery retailing. It discusses the shift from traditional unorganized retailing to modern organized formats like supermarkets and hypermarkets. Food and grocery makes up the largest segment of retail spending in India. While organized retail currently accounts for only 4% of the market, it is projected to more than double in the coming years. Major players in the Indian food retail space utilizing various formats like hypermarkets, supermarkets, and convenience stores are discussed. Trends like private labels, health and wellness products, and technological innovations that can provide competitive advantages are also summarized.
A project report on retail industry in indiaProjects Kart
The document provides an overview of the retail industry in India. It discusses how retail is a large industry in India, accounting for 10% of GDP. It also describes how the retail industry is at an inflection point, with organized retail and consumption growth set to increase significantly. This is driven by India's young population and growing urbanization. The document then covers differences between organized and unorganized retail sectors in India, and how organized retail is growing and spreading, led initially by supermarket chains in Southern India.
The India Retail Industry is the largest among all industries, accounting for over 10% of the country's GDP. Modern retailing has entered India in the form of shopping centers, malls, and complexes offering shopping, entertainment, and food. A large young working population, nuclear families, and increasing numbers of working women are driving growth in the organized retail sector. The future of the Indian Retail Industry looks promising with the growing market, more favorable government policies, and emerging technologies facilitating operations.
Greporttheindianretailsector 100223025247-phpapp01Revathi R
The summary provides an overview of the Indian retail sector. Key points include:
- India has over 12 million retail outlets, one of the highest retail densities in the world, but the sector is highly fragmented and unorganized.
- Organized retail is growing due to changing demographics, rising incomes, and increasing consumerism. This is driven by factors like nuclearization of families and more working women.
- The top categories for consumer spending in retail are food and beverages, apparel, and consumer durables, accounting for 87% of total retail sales.
- While retail globally is a large, organized industry, Indian retail remains fragmented with many small, independent shops. Growth of organized retail presents opportunities to provide
This document discusses the retail industry in India. It provides background on the traditional unorganized retail sector in India and the recent growth of organized retail. Key points include:
- Traditionally, retail in India consisted of many small, independent shops but organized retail is growing, encouraged by large private investments.
- The retail market in India is estimated at $470 billion currently and expected to reach $533 billion by 2013, with organized retail growing from 5% to 10% of the market.
- Major players expanding organized retail in India include Pantaloon, Shopper's Stop, Westside, Big Bazaar, Reliance Retail, and Bharti-Walmart joint ventures.
This document provides an overview and analysis of the Indian retail industry. It discusses the growth of organized retail in India driven by changing demographics and rising incomes. While foreign investment is restricted, international retailers are interested in the Indian market. The document analyzes the industry using PEST and Porter's Five Forces frameworks. It also evaluates the various retail segments and competitive landscape in India. Challenges for the industry include availability of infrastructure, real estate costs, and labor laws. Overall, the retail sector in India is growing but still faces barriers to becoming as developed as retail markets in other countries.
This document provides an overview of retail marketing in India. It discusses how the Indian retail industry has traditionally been unorganized and fragmented, with most retailers operating small, localized shops. However, organized retail is growing in India, with the emergence of stores like Shoppers Stop, Westside, and Food Bazaar. The document also compares the Indian retail industry to more developed global markets and outlines the opportunities for future growth in India.
The retail industry in India is large and fast-growing, accounting for over 10% of GDP. Modern organized retailing is increasing in India through large shopping malls and complexes. Global retail giants are attracted to India due to its large population, rising incomes, and increasing purchasing power. The retail industry is expected to grow at 25% annually and organized retail alone could be worth $107 billion by 2013. While over 99% of retailers currently operate in small spaces, the growth of modern retail is transforming India's retail landscape.
CUSTOMER BUYING BEHAVIOUR AT PANTALOONSSrihari Reddy
Customer Buying Behavior is the study of individuals and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society. Customer behavior is increasingly a part of strategic planning for the future investment and growth of any industry. Retail industry or precisely to say apparel industry is no exception.
The document provides an overview of the retail industry in India. It states that India has the 5th largest retail market in the world and is expected to grow significantly. The retail sector is divided into organized and unorganized segments, with organized retail accounting for only 8-10% currently but expected to grow substantially. Some of the largest retailers in India are Future Retail, Pantaloons, Tata Group, RPG Group, Reliance, and AV Birla Group. Challenges facing the industry include a shortage of skilled workforce.
The Indian retail sector is undergoing a transformation driven by changing demographics and rising incomes. Organized retail is growing as consumers aspire to modern formats that offer a wide range of products under one roof alongside entertainment options. While the sector remains highly fragmented with millions of small stores, large retailers are expanding across the country offering value and lifestyle products. Key formats include department stores, supermarkets, hypermarkets and specialty stores. Challenges include regulations around foreign investment and a lack of infrastructure and trained staff.
Survival strategy for unorganised retailers Richa Singhvi
This document discusses the growth of modern organized retailing in India and the perceptions of traditional retailers about modern retailing. It provides background on the evolution of retailing in India from small neighborhood shops to larger modern retailers. A study was conducted through questionnaires with over 100 traditional retailers in Jaunpur city to understand their perceptions. The results found that over half of traditional retailers feel modern retailing will lead to healthy competition but also cut their profit margins and reduce sales volumes. Overall the document examines the changes happening in Indian retailing and the challenges for traditional retailers.
CUSTOMER BUYING BEHAVIOR AT BANGALORE CENTRAL Srihari Reddy
The Company is an integrated fashion company with presence across key segments within the fashion industry i.e. design to distribution. Company’s business has been designed to capture the trend of consumers getting more attuned to fashion and brand preferences. We have a portfolio of fashion brands that cover the entire gamut of sub-categories including formal menswear, casual wear, active or sportswear, women’s ethnic wear, women’s denim wear, women’s casual wear, footwear and accessories and are present across various price points.
AN EMPIRICAL STUDY ON ORGANIZED RETAIL OUTLET AND CONSUMER PERCEPTION TOWARDS...IAEME Publication
The Indian Retail Industry is divided into Organized and Unorganized Sectors. Traditional markets are making way for organized formats such as Departmental Stores, Hypermarkets, Supermarkets and Specialty Stores. Indian Retail Industry contributes over 10% of the country’s GDP. Strong income growth, changing lifestyles, and favorable demographic patterns, suggest that by 2020, the Modern Retail Industry in India will be worth US$ 275-400 billion. This study was undertaken, considering three competitive Retail Chain Outlets, Big Bazaar, Reliance Fresh and Marks Spencers, to evaluate the consumers’ opinion and preferences towards these outlets. The study also highlights the pros and cons of the outlets considered and the level of satisfaction compared to the Local Retail Outlets.
The document provides an overview of retailing in India. It discusses that organized retail currently contributes only 2% of total retail sales in India but is growing rapidly. As incomes and western lifestyles grow among India's middle class, conditions are favorable for organized retail chains like Shoppers Stop and Westside to expand. While retail is a large sector, it remains highly fragmented in India compared to developed countries. The opportunities for retail growth are substantial as Indian retailing is poised for major changes with rising consumer purchasing power.
This document discusses the evolution of retail in India from traditional formats like haats and mandis to modern formats like malls and department stores. It notes that organized retail is growing, especially in large cities in Maharashtra, as consumer preferences and lifestyles change. While traditional small stores still dominate retail in India, the popularity of large malls is increasing. The document also analyzes the strengths and weaknesses of the retail industry in India as well as opportunities and threats to its future growth.
The document discusses the retail industry in India. It notes that organized retail currently makes up only 3% of the total retail market but is poised to grow significantly in the coming years. Modern retail formats like shopping malls and complexes have been entering India and transforming shopping behavior. The retail market in India is large at $312 billion currently and is expected to grow 10% annually. However, organized retail still only makes up about 2.8% of the total market. The passage provides an overview of the history and development of retail in India.
The document provides an overview of the Indian retail sector, including:
1) Retail in India is dominated by unorganized small stores but organized retail is growing rapidly, especially in large cities.
2) Key drivers of organized retail growth include India's young population, increasing incomes, urbanization, and exposure to foreign brands.
3) While the retail sector is booming, challenges include taxation laws that favor small stores, high real estate costs, and lack of trained workforce.
From Subreddits To Search: Maximizing Your Brand's Impact On RedditSearch Engine Journal
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With Brent Csutoras, a Reddit expert with over 18 years of experience on the platform, we’ll delve into the intricacies of Reddit's communities, known as Subreddits, and how to leverage their power without compromising authenticity or violating community guidelines in the age of AI-driven search experiences.
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In conclusion, this paper provides valuable insights into the evolving landscape of marketing technology, emphasizing the transformative potential of software solutions in driving innovation, efficiency, and competitive advantage in today's dynamic marketplace.
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Research project report sumit b
1. RESEARCH PROJECT REPORT
SUMIT SAXENA 1
CHAPTER 1
INTRODUCTION
India started its Retail Journey since ancient time. In Ancient India there was a concept
of weekly HAAT, where all the buyers and sellers gather in a big market for bartering. It
takes a pretty long times to and step to shape the modern retail. In between these two
concepts (i.e. between ancient retail concept and the modern one there exist modern
Grocery/ mom and pop shops or Baniya ki Dukan. Still it is predominating in India So
the Indian retail industry is divided into two sectors- organized and unorganized. The
Indian retail industry is now beginning to evolve transformation that has swept other
large economies.
Retailing presently contributes about 10 per cent of India‟s gross domestic product (GDP)
and 6-7 per cent of employment. With some 15 million retail outlets, India has the
highest retail density in the world. But only 4 per cent of these outlets are more than 500
sq ft in size and almost all are family owned shops and establishments. The value of
organized retail is expected to grow 2.8 times in the coming four years to Rs 1,000 billion
industries, attracting many global retail chains like Wal-Mart, Tesco, and Carrefour.
Foreign direct investment (FDI) up to 51 per cent in single brand retail was permitted last
year and multi-brand retail is expected to open up to FDI soon. Meanwhile, Indian retail
chains like Reliance Retail, Croma, Aditya Birla group, S Kumars, Shoppers‟ Stop,
Westside and Trinethra have all been consolidating their realty, brands, market shares and
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locations. However, to-date there is very little understanding of what the impact of
organised retail will be on the so-called unorganised retail sector and the agricultural
sector (the country‟s two largest sources of employment).
The Indian retail market is currently estimated at USD 396 billion. Food segment
contributes largest part of total value of retail market, followed by fashion, leisure &
entertainment and fashion accessories. India's organized retail space is evolving fast and
achieves penetration level of 7 %, which signifies huge potential growth. Indian luxury
market currently stands at USD 3.5billion and expected to grow to make India the
twelfth- largest luxury retail market in the world by 2015
Concerns for small business establishments in townships stems from the fact that they
will now have to compete with national retail chains such as aditya birla, Big Bazar etc
which have large turnover. Small Township retailers are the source of survival for most
township dwellers as they contribute to income generation and employment in the
township. If these businesses are compelled to close down due to increased competition
from large retailers, many jobs would be lost and this has huge implications to business
and township communities. There may be business surviving on or thriving despite the
threat of new entrants in the market.
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ABOUT RETAIL INDUSTRY IN INDIA
Retail is India's largest industry. It accounts for over 10 per cent of the India's GDP and
around 8 per cent of the employment. Retail sector is one of India's fastest growing
sectors with a 5 per cent compounded annual growth rate. India's huge middle class base
and its untapped retail industry are key attractions for global retail giants planning to
enter newer markets. Driven by changing lifestyles, strong income growth and favourable
demographic patterns, Indian retail is expected to grow 25 per cent annually. It is
expected that retail in India could be worth US$ 175-200 billion by 2016.
The organized retail industry in India had not evolved till the early 1990s. Until then, the
industry was dominated by the un-organized sector. It was a seller‟s market, with a
limited number of brands, and little choice available to customers. Lack of trained
manpower, tax laws and government regulations all discouraged the growth of organized
retailing in India during that period. Lack of consumer awareness and restrictions over
entry of foreign players into the sector also contributed to the delay in the growth of
organized retailing.
A number of factors are driving India's retail market. These include: increase in the
young working population, hefty pay-packets, nuclear families in urban areas, increasing
working women population, increase in disposable income and customer aspiration,
increase in expenditure for luxury items, and low share of organized retailing. India's
retail boom is manifested in sprawling shopping centres, multiplex- malls and huge
complexes that offer shopping, entertainment and food all under one roof. But there is a
flip side to the boom in the retail sector. It is feared that the entry of global business
giants into organized retail would make redundant the neighbourhood Karana stores
resulting in dislocation in traditional economic structure. Also, the growth path for
organized retail in India is not hurdle free. The taxation system still favours small retail
business. With the intrinsic complexities of retailing such as rapid price changes, constant
threat of product obsolescence and low margins there is always a threat that the venture
may turn out to be a loss making one.
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A perfect business model for retail is still in evolutionary stage. Procurement is very vital
cog in the retail wheel. The retailer has to fight issues like fragmented sourcing,
unpredictable availability, unsorted food provisions and daily fluctuating prices as against
consumer expectations of round-the-year steady prices, sorted and cleaned food and fresh
stock at all times.
Trained human resource for retail is another big challenge. The talent base is limited and
with the entry of big giants there is a cat fight among them to retain this talent. This has
resulted in big salary hikes at the level of upper and middle management and thereby
eroding the profit margin of the business. All the companies have laid out ambitious
expansion plans for themselves and they may be hampered due lack of requisite skilled
manpower.
But retail offers tremendous for the growth of Indian economy. If all the above
challenges are tackled prudently there is a great potential that retail may offer
employment opportunities to millions living in small town and cities and in the process
distributing the benefits of economic boom and resulting in equitable growth.
Table Number – 1.1
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SUMIT SAXENA
PRESENT INDIAN RETAIL SCENARIO
The retail industry is divided into organized and unorganized sectors. Over 12 million
outlets operate in the country and only 4% of them being larger than 500 sq ft (46m²) in
size.
Organized retailing refers to trading activities undertaken by licensed retailers, that is,
those who are registered for sales tax, income tax, etc. These include the corporate-
backed hypermarkets and retail chains, and also the privately owned large retail
businesses.
Unorganized retailing, on the other hand, refers to the traditional formats of low-cost
retailing, for example, the local kirana shops, owner manned general stores, paan/beedi
shops, convenience stores, hand cart and pavement vendors, etc.
Unorganized market: Rs. 583,000 cores
Organized market: Rs.5, 000 cores
5X growth in organized retailing between 2000-2005
Over 4,000 new modern Outlets in the last 3 years
Over 5,000,000 sq. ft. of mall space under development
The top 3 modern retailers control over 750,000 sq. ft. of retail space
Over 400,000 shoppers walk through their doors every week
47 global fortune companies & 25 of Asia's top 200 companies are retailers.
Growth in organized retailing on par with expectations and projections of the last 5
Years: on course to touch Rs. 35,000 corers (US$ 7 Billion) or more by 2005-06The
growth factors of the retail sector of Indian economy:
Increase in per capita income which in turn increases the household consumption
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SUMIT SAXENA
Demographical changes and improvements in the standard of living
Change in patterns of consumption and availability of low-cost consumer credit
Improvements in infrastructure and enhanced availability of retail space Entry to
various sources of financing.
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SUMIT SAXENA
EVOLUTION AND TRENDS IN ORGANIZED
RETAILING FORMATS AND RETAIL OUTLETS
Historical Indian retail market consisted of weekly markets, village fairs and mela‟s and
the 19th
century gave birth to the retail outlets which took the form of convenience stores,
Mom and Pop stores/ kirana stores. This helped the consumers on to stick to a particular
store for their day to day requirements and also avail the credit purchasing facility. And
in the 1980‟s people have seen the new formats like supermarket, departmental stores and
discount stores entering into the Indian retail space. In less than a decade hypermarkets
have gained all the applause of the retail market and stood above all the other formats by
bringing in the concept of “one stop shopping.” This stood as an opening door for the
new generation of the retail industry. And very soon the malls became the trend setters in
the new millennium.
This has coined the term of „shoppertainment‟ (shopping and entertainment) which can
be attributed to the changing life styles of the people.
Hypermarket: It is the largest format in Indian retail so far is a one stop shop for the
modern Indian shopper.
Merchandise: food grocery to clothing to spots goods to books to stationery.
Space occupied: 50000 Square feet and above.
SKUs: 20000-30000.
Example: PETER ENGLAND retail‟s Big Bazaar, RPG‟s Spencer‟s (Giant), Vishal mega
mart.
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SUMIT SAXENA
Supermarket: A subdued version of a hypermarket.
Merchandise: Almost similar to that of a hypermarket but in relatively smaller
proposition.
Space occupied: 5000 Sq. ft. or more.
SKUs: Around 10000.
Example: Nilgiris, Apna Bazaar, Trinethra/more.
Convenience store: A subdued version of a supermarket.
Merchandise: Groceries are predominantly sold.
Space occupied: Around 500 Sq. ft. to 3000 Sq. ft.
Example: stores located at the corners of the streets, Reliance Retail‟s fresh.
Department store: A retail establishment which specializes in selling a wide range of
products without a single prominent merchandise line and is usually a part of a retail
chain.
Merchandise: Apparel, household accessories, cosmetics, gifts etc.
Space occupied: Around 10000 Sq. ft. – 30000 Sq. ft.
Example: Landmark Group‟s LifeStyle, Trent India Ltd.‟s Westside.
Discount store: Standard merchandise sold at lower prices with lower margins and
higher volumes.
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SUMIT SAXENA
Merchandise: A variety of perishable/ non perishable goods.
Example: Viswapriya Group‟s Subiksha, Piramal‟s TruMart.
Specialty store: It consists of a narrow product line with deep assortment.
Merchandise: Depends on the stores
Example: Bata store deals only with footwear, RPG‟s Music World, Crossword.
MBO’s: Multi Brand outlets, also known as Category Killers. These usually do well in
busy market places and Metros.
Merchandise: Offers several brads across a single product category.
Kirana stores: The smallest retail formats which are the highest in number (15 million
approx.) in India.
Merchandise: Mostly food and groceries.
Space occupied: 50 sq ft and even smaller ones exist.
Malls: The largest form of organized retailing today located mainly in metro cities, in
proximity to urban outskirts.
Merchandise: They lend an ideal shopping experience with an amalgamation of product,
service and entertainment, all under a common roof.
Space occupied: Ranges from 60,000 sq ft to 7, 00,000 sq ft.
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SUMIT SAXENA
Table Number – 1.3
In the above graph it shows that the in India the fastest growing retail segment is food
and grocery because in India people spend more on eating. Then dressing because India
is now turning to modern age and the people of modern age like to dress well and look.
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SUMIT SAXENA
Table Number – 1.4
We In the above graph it shows that the there are many formats of retailing in India but
the specialty store and supermarket is fastest growing formats in India.
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SUMIT SAXENA
Key part of the general corporate strategy
A marketing strategy is most effective when it is an integral component of
corporate strategy, defining how the organization will successfully engage
customers, prospects, and competitors in the market arena. It is partially derived
from broader corporate strategies, corporate missions, and corporate goals. As the
customer constitutes the source of a company's revenue, marketing strategy is
closely linked with sales. A key component of marketing strategy is often to keep
marketing in line with a company's overarching mission statement.
Basic theory:
1) Target Audience
2) Proposition/Key Element
3) Implementation
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MAJOR INDIAN RETAILERS
The low-intensity entry of the diversified Mahindra Group into retail is unique
because it plans to focus on lifestyle products. The Mahindra group is the fourth large
Indian business group to enter the business of retail after Reliance Industries Ltd, the
Aditya Birla Group, and Bharti Enterprises Ltd. The other three groups are focusing
either on perishables and groceries, or a range of products, or both.
RPG Retail-Formats: Music World, Books & Beyond, Spencer‟s Hyper, Spencer‟s
Super, Daily & Fresh
The Tata Group-Formats: Westside, Star India Bazaar, Steel junction, Landmark, and
Titan Industries with World of Titans showrooms, Tanishq outlets, Chroma.
K Raheja Corp Group-Formats: Shoppers‟ Stop, Crossword, Hyper City, in orbit
Lifestyle International-Lifestyle, Home Centre, Max, Fun City and International
Franchise brand stores.
Pyramid Retail-Formats: Pyramid Megastore, TruMart
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Nilgiri’s-Formats: Nilgiri's‟ supermarket chain
Subhiksha-Formats: Subhiksha supermarket pharmacy and telecom discount chain.
Trinethra- Formats: Fabmall supermarket chain and Fabcity hypermarket chain
Vishal Retail Group-Formats: Vishal Mega Mart
BPCL-Formats: In & Out
Reliance Retail-Formats: Reliance Fresh
Reliance ADAG Retail-Format: Reliance World
Shoprite Holdings-Formats: Shoprite Hyper
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ORGANISED RETAIL OUTLETS IN BAREILLY
VISHAL MEGA MART
The glory of Vishal Group‟s success is the ascent it has come to accomplish in the field
of manufacturing and retailing of readymade garments. The credit for this radiance goes
to its dynamic of directors Mr. Ram Chandra Agarwal & Mrs Uma Agarwal who have
transformed their foresightedness into an unending saga of growth. Identifying the
immense market in fashion garment for the masses the Group has actually established
benchmarks that many others are inspired to follow. Not resting on its laurels, the Group
is busy identifying new avenues of growth and its companies are busy implementing the
expansion plans to cash in on emerging potentials in the changing business environment
of modern India‟s enterprise.
The jewel in Vishal Group‟s crown is its flagship company Vishal Retail Ltd. a company
engaged in Hyper market stores with an average area of 25,000 to 30,000 sq. ft. through
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an impressive chain of 172 fully integrated stores in spread over the area of more than
24,00,000 sq. ft. in around 110 cities across India in 24 states. The turnover of the
company for 09-10 was 1105 Crore. Maintaining the highest standards in quality and
design, these stores have come to offer the finest fashion garments at down-to-earth price
structure. A fact that is better visible in the constant flow of shoppers all through the year.
Under the title of Vishal Mega Mart these stores have emerged as the regular haunts for
the bargain-hunters and fashion enthusiasts alike.
The saga of Vishal Group dates back to 2001 when its directors foresaw the emerging
potentials in the retail industry which is indeed the largest sector in the global economy.
Imbibing its innovative concepts and techniques the Group identified the vast scope of
growth in retailing for the common man. Its stores have gained an enviable prominence
as being the ideal store for the common man where an extensive variety and quality is
offered at a very, very reasonable price structure. The Group‟s expertise in the field of
retail marketing over the years and its focus on regions, cities and exact customer
preferences have earned the Group an undisputed leadership status to Vishal Group.
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BhartiRetail
Bharti Retail is a wholly owned subsidiary of Bharti Enterprises. The Company operates
easy day neighbourhood stores and compact hypermarket stores called easy day Market.
Bharti Retail provides consumers a wide range of good quality products at affordable
prices. easy day stores are one stop shops that cater to every family's day-to-day needs.
Merchandise at easyday Market stores include apparels, home furnishings, appliances,
mobile phones, meat shop, general merchandise, fruits and vegetables among others.
Created on the neighbourhood shop format, the much-awaited retail operations
„EasyDay„was introduced by Bharti Retail Limited at Bareilly in UttarPradesh. Bharti
Retail Limited happens to be a wholly-owned subsidiary of Bharti Enterprises and its
Easy Day retail operations will act as a one-stop shop catering to a family‟s day-to-day
needs.
As such, the Easy Day Stores will provide Indian consumers a wide range of products of
excellent quality apart from proffering a nice ambience and service. Among the range of
items you can look forward to buying from the EasyDay stores include personal care
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products, stationery, household articles, hosiery items, daily-need groceries like staples,
processed foods, bakery and dairy products, meat and poultry and fresh produce.
It was announced by the company that EasyDay will gives jobs to the locals in the
Ludhiana area where it has been set up. Further on those who will be selected for the job
will be trained by Bharti Academy of Retail, which has been established by Bharti Retail
Limited. This academy has already trained about 1,800 local people from different
sections of the society.
KUMAR STORES
4-Station RoadBareilly,
UttarPradesh,
Phone No: +91-135-2653145 +91-9837034784
Email: Samraat@Vsnl.Com
Directions: It Is Located On Station Road,
Hours of Operation: 8:30 Am To 8:30 Pm
Closed: Sunday
Payment Type: Cash, Visa, Master Card
Business Description
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It Deals In All Kinds Of Cosmetics, Gift Novelties, White Metal, Toys, Decorative
Pieces, Home Appliances, Stationery And All Other Items Of Daily Need.
Kaveri Departmental Store
38, Shubhash Nagar, Badaun Road
Bareilly,UttarPradesh,
Phone No: +91-135-2625514
Directions: It Is Located At Bajpeyi chowk,
Hours of Operation: 10:00 Am To 8:30 Pm
Closed: Sunday
Payment Type: Cash, Visa, Master Card
Business Description
All Types Of Utility Items Of Domestic Purposes Can Be Purchased From Here.
Scope of the study:-
The scope of this study is wide and valuable. The study helps to attain customer
satisfaction towards organized and unorganized outlets which is very essential for
retailers to find out the various problems related with retail store product mix.
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Objective :-
The research objectives for the project undertaken can be defined as follows:
1) To identify the determinants of customer satisfaction in the organized and unorganized
retail outlets in the city.
2) To identify the attitude and behavior of customers in organized & unorganized retail
outlets.
3) To know the major factors considered by customers while shopping in retail
shops.
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CHAPTER 2
Literature Review
Diagnosing Customer Satisfaction towards the organized and unorganized retail,
Delhi Business Review X Vol. 9, No. 1 (January - June 2013), Reetesh Kumar Singh,
Aditya Prakash Tripathi.
Abstract
Organized retail sector has witnessed a CAGR of around 35 per cent over the past five
years and currently contributing around 10 per cent to the country.s GDP & eight percent
of the employment. The Retail Sector is seeing investments of up to Rs. 6000 crore by the
20 prominent retail players. On the other hand (A report by Govt. of India in 2004 by the
centre for policy alternatives entitled FDI in India‟s retail sector: More bad than good.
stated that) retailing is .probably the primary form of disguised unemployment,
underemployment in the country. India has 35 towns each with a population of over one
million. If Wal-Mart were to open an average Wal-Mart store in each of these cities and
they reached the average Wal-Mart performance per store, we are looking at a turnover of
over Rs. 80, 330 million ($1.82 billion) with only 10,195 employees. Extrapolating this
with the average trend in India, it would mean displacing about 4, 32,000 persons. If
large retailers were to obtain 20 per cent of the retail trade, .this would mean a turnover
of Rs. 800 billion ($ 18 billion) at current market price. And of course, would mean an
employment of just 43,540 persons displacing meanly eight million persons employed in
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the unorganized retail sector.Understanding the importance of the issue, the present study
is aimed to investigate the impact of Malls on small shops and Impact of organized
retailing upon sales performance, employment generation and loss of social interest with
the emergence of organized retailing with special reference to Delhi and NCR.
Survival Strategy for Traditional retailers in the era of Modern Retailing, Asia
pacific journal of social sciences Vol I (2) June- December 2013 pp 198-203, H. C
Purohit, Kavita.
Abstract
India is the fastest growing market in the Asia Pacific for international tourist spending.
The economy is growing by over 8% a year and indias growth rate can actually exceed
that of China by 2015. Favourable demographic and psychographic changes relating to
indias consumer class international exposure, availability of quality retail space, wider
availability of products and brand communication are some of the factors that are driving
the retail in India. Development of India as a sourcing hub shall further make India as an
attractive retail opportunity for the global retailers. Retailers like Wal Mart, GAP,
Tesco,JC Penny, H&M etc stepping up their sourcing requirements from India and
moving form third party buying offices to establishing their own managed sourcing office
shall further make India an attractive retail opportunity.
Increasing growth of modern retailing in across product categories, food and grocery, wet
grocery, apparel and jewellery etc are the areas where lucrative opportunity for modern
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retail exists. The traditional retailers have the challenges in the era of Modern Retailing.
The proposed study covers the issues related to growth of modern retailing and the
perception of traditional retailers about modern retailing.
Impact of Organized Retailing on Unorganized Sector with reference to customer
saticefaction Working paper ICRIER, 222 (2012). Joseph Mathew, Nirupama
soundararajan, Manisha Gupta,and Sanghamitra Sahu
Abstract
The retail business, in India, is estimated to grow at 13 per cent per annum from US$ 322
billion in 2006-07 to US$ 590 billion in 2011-12. The unorganized retail sector is
expected to grow at about 10 per cent per annum from US$ 309 billion 2006-07 to US$
496 billion in 2011-12. Organized retail which now constitutes a small four percent of
retail sector in 2006-07 is likely to grow at 45-50 per cent per annum and quadruple its
share of total retail trade to 16 per cent by 2011-12. The study, which was based on the
largest ever survey of all segments of the economy that could be affected by the entry of
large corporate in the retail business, has found that unorganized retailers in the vicinity
of organized retailers experienced a decline in sales and profit in the initial years of the
entry of organized retailers. The adverse impact, however, weakens over time. The study
has indicated how consumers and farmers benefit from organized retailers. The study has
also examined the impact on intermediaries and manufacturers. The results are indicative
of the mega-and-minimetro cities around a limited number of organized retail outlets.
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Based on the results of the surveys, the study has made a number of specific policy
recommendations for regulating the interaction of large retailers with small suppliers and
for strengthening the competitive response of the unorganized retailers.
Organized retailing in India – challenges and opportunities, International Journal
of Multidisciplinary Research Vol.2 Issue 1, January 2012, Dr. Shahid Akhter;
Iftekhar Equbal
Abstract
Indian Retail Industry is ranked among the ten largest retail markets in the world. The
attitudinal shift of the Indian consumer and the emergence of organized retail formats
have transformed the face of Retailing in India. With the sign of reemergence of
economic growth in India, consumer buying in retail sector is being projected as a key
opportunity area. As a consequence, Indian corporate houses are refocusing its strategic
perspective in retail marketing with the idea to use resources optimally in order to create
core competence and gain competitive advantage. The paper theme is to analyse finer
strategic perspective for the retail sector in India and suggest measures so that the
corporate strategists could incorporate the same both qualitatively and quantitatively.
Based upon the qualitative judgment, a retail unit may be given an overall understanding
about the expected performance that can further be corroborated by quantitative analysis.
Retail trade has emerged as one of the largest industry contributing to employment
generation, revenue generation, increased turn over and many more. Organized retailing
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is showing signs of enormous creativity. It. has emerged as one of the most dynamic and
fast paced industries with several players entering the market. As a matter of fact retailing
in India is gradually edge its way towards becoming the next boom industry. This paper
provides detailed information about the growth of retailing industry in India. It examines
the growing awareness and brand consciousness among people across different socio-
economic classes in India and how the urban and semi-urban retail markets are
witnessing significant growth. The paper includes growth of retail sector in India,
strategies, strength and opportunities of retail stores, retail format in India, recent trends,
and opportunities and challenges. This paper concludes with the likely impact of the entry
of global players into the Indian retailing industry. It also highlights the challenges faced
by the industry in near future
Impact of Malls on Small Shops and Hawkers, Economic and Political Weekly June
2, 2007, Anuradha Kalhan
Abstract
A small sample survey of the impact of malls on small shops and hawkers in Mumbai
points to a decline in sales of groceries, fruits and vegetables, processed foods, garments,
shoes, electronic and electrical goods in these retail outlets, ultimately threatening 50 per
cent of them with closure or a major decline in business. Only 14 per cent of the sample
of small shops and hawkers has so far been able to respond to the competitive threat of
the malls with the institution of fresh sales promotion initiatives.
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Customer perception & Satisfaction towards the organized and unorganized retail
Journal of Management Sciences, Vol. 1(1), 7-13, August (2012), Gupta Himanshu1
Dubey Neetu and Patani Pawan.
Abstract
Retail is currently the flourishing sector of the Indian economy. This trend is expected to
continue for at least the next two three decades, and it is attracting huge attention from all
entrepreneurs, business heads, investors as well as real estate owners and builders.
Availability of quality, retail space, wider availability of products and brand
communication are some of the factors that are driving the retail in India Retail sector is
also supporting to create huge employment while a new form of organized retail sector
has emerged within the retail industry and it gave speedy phase to Indian retail sector.
The rationale of the study is twofold: First, to examine the nature of changes in the retail
sector taking place due to organized form of retailing and implications of shift to this new
form of retailing. Secondly, this area has remained largely an unexplored part of research
till date especially in the Indian context. The broad objective of the study is to understand
consumer behavior towards organized and unorganized retail stores and to find out the
consumers satisfaction level from organized retail stores as well as unorganized retail
stores. The perception of the traditional retailers about the modern retailing. The study
uses primary data collected through in depth qualitative analysis to represent organized
and unorganized retails sectors respectively.
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Organized and unorganized retail in India - Drivers facilitator and SWOT analysis,
Asian journal of management research, ISSN 2229 – 3795, Deepika Jhamb, Ravi
Kiran
Abstract
The Indian retail sector is witnessing tremendous growth with the changing
demographics and an increase in the quality of life of urban people. Retail Sector is the
most booming sector in the Indian economy. With a growing economy, improving
income dynamics, rising awareness, and a youth-heavy customer base, India is well on its
way to become one of the most prospective markets for the domestic and global retailers.
The main objective of this paper is to strategically analyze the Indian retail Industry. The
present paper identify the drivers which affect the growth of the Indian retail market,
looks at the major factors affecting the retail business and to carry out the SWOT analysis
of organized retail in India. The results of the study depict that infrastructure, economic
growth and changing demographics of consumers are the major driver of organized retail
in India. The location of the retail store, management style and adequate salaries to
personnel enhance the effectiveness of retail business and are important factors for
retailers‟ success.
Ramanathan .V (2009) “The New Face of Unorganized Retailers in India: From
Convenience to Category Killer” the ICFAI 10M-2009-05-08-01.
Abstract
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The unorganized retailers need to be responsive to the competitive retail market dynamics
created by the organized retail formats in order to sustain their business and serve their
target customers in a profitable manner. The change process requires the unorganized
retailers to reshape their existing business practices of dealing in a limited variety of
product alternatives to offering the complete assortment in the product categories handled
by them. This `category killing' approach would become imperative for the continued
survival of unorganized retailers. If the unorganized retailers adopt this approach,
together with the various forms of convenience that they already offer, they would be
able to stand up to the competition from the organized retail formats.
Mulky A. and Nargundkar R (2003), “Modernization in Indian Retailing:
Managerial and Policy perspectives”, In Udyog Pragati, vol. 27, no.2, pp. 1-8, April-
June 2003
Abstract
The Indian retail sector is largely traditional, but stores in modern format are emerging.
The contribution of organized retailing in the share of retail sales in India is currently
very small. Based on an analysis of retail developments in countries such as Thailand,
Brazil and Greece, and some experience in India, it is possible to conclude that
modernization of retailing in India would be influenced by some important factors. These
factors include economic development; improvements in civic situation; changes in
consumer needs, attitudes and behavior; changes in government policies; increased
investment in retailing and rise in the power of organized retail. Modern retail will have
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several implications for managerial practice in manufacturing firms. Firms will need to
proactively review and their sales structures, brand activities, logistics policy and price
structure to cope with pressures from powerful retailers.
Sinha Piyush Kumar & Kar Sanjay Kumar (2007) “An Insight into the Growth of
New Retail Formats in India” IIM-Ahmadabad Research and publication W.P. No.
2007-03-04
Abstract
India‟s retail development is inevitable. Most of the organized retailers in India are
harping on quality, service, convenience, satisfaction and assured benefits to lure
shoppers into the store. Retailers should create value for the consumer and must decide
suitable vehicle to deliver desired consumer value. No doubt, that retail format is one of
the vehicles to deliver value proposition and it helps to position the store in the mind of
target shoppers. Retailers need to find out what matches consumer requirement and offer
better than competition. Retailers certainly need to be innovative in designing the value
proposition and deciding the format to deliver that to the consumer. It is not all about
deciding the format but all about serving the consumer better, faster and at less cost.
Retailers can use their store as an indicator of what they stand for and what value they
offer. Retailers have to out think consumer in providing service and value. Now, most of
the retailers are concerned about growth in number of stores rather than creating value for
consumer.
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According to Piyush Kumar Sinha (2007), the demand from the convenience-seeking
shoppers, technology, competition and urge to growth leads the retailer to adapt the
multiple format modes. The development will no doubt bolster the retailer's power in
market creating positive synergy across the formats. However, at the same time, it brings
with more responsibility to the retailer, as shoppers are going to interact and judge the
value offering dissimilar shopping occasion and environment. The value delivery
mechanism of the retailer need to be consistent and reinforcing to maximize its brand
equity, failing which, it stands the risk of dilution. The opportunity lies in the fact that,
retailers of a particular format appear to be increasingly successful in attracting customers
from a widened variety of formats.
Electronic retailing created a huge scope for the store-based retailer to reach out to a large
customer base, overcoming the physical distance, by using technologically driven
formats. Converting the threats into opportunities, the pure e- retailers are opening
physical format and there by complementing the existing operation. It also in turn helps
in operational and financial efficiency through economies of scale and greater bargaining
power against the manufacturers. The scope of positive synergy in terms of brand,
customer, merchandise and marketing activities are very much a reality in retailing.
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CHAPTER 3
RESEARCH DESIGN
A research study conducted scientifically has a specific framework of research from the
problem identification to the research study. The framework of conducting the research is
known as Research Design.
Research Design is the blue print of any problem. It is a plan for collection, analysis and
interpretation of data in a manner that is relevant to the research purpose with economy in
procedure.
After defining the research problem in a clear-cut terms it will be required to prepare
such a research design which will state the conceptual structure within which the research
would be conducted.
In this research dependent variable is competitors while independent variable is price,
taste, nutrition and packaging.
The study is descriptive because:
1. A survey is conducted at Bareilly.
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2. The project undertaken is based upon the secondary data – the internal sources: name
of shopkeepers located in different areas of Bareilly, company broacher. External
sources – Internet, news paper, websites etc.
3. A new field of research has been approached which was earlier not tested.
Descriptive research studies are those studies which are concerned with describing the
characteristics of a particular individual, or a group.
Design in such studies must be rigid and should not be flexible and must pay attention on
the following:
• Formulating the objective of the study,
• Designing the method of the data collection,
• Selecting the sample,
• Collecting the data,
• Processing and analyzing the data,
• Reporting the finding.
DATA COLLECTION:
The task of data collection begins after a research problem has been defined and research
design has been chalked out while decided about the method of data collection to be used
for the study we must know that there are basically two types of data Primary data and
Secondary data.
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Secondary Data: The secondary Data has been collected from production house
itself. The data collected for the project undertaken gives the information about the sales
measures and practice applied for selling the goods. The data has been allocated from
various information channels like company‟s websites –about the products and offers &
different strategies, business magazines, news websites etc.
During my research I collected secondary data from various sources i.e data from
company broacher, from company‟s website, data with respect to retail industries from
magazines and news paper.
The data that I collect from different secondary sources help alot during my study.
Primary data: The researchers collected primary data during the course of research
period with the help of the questionnaire that was designed for the consumers to collect
the information that was required to carry out the research.
I collect primary data through questionnaire. I visit various locations at Bareilly.
Questionnaire is filled by consumers. During my survey I found that respondents are not
much comfortable with the questionnaire, some of the respondents taking interest
whereas most of them fell shy or taking seriously. For filling the questionnaire I stand at
various retail stores located in various locations of Bareilly and whenever any customer
come to that shop, I tried to conveyance him/her for the purpose of my study. Sometime
rain plays a role of hurdle during my research study.
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Sampling Method and Sample Size:
Two retail outlets and two kirana stores in Bareilly were randomly selected for this study.
Twenty five visiting customers from each outlet were personally interviewed with the
help of especially structured questionnaire. In this way 100 customers were interviewed
for the study.
Methodology
The study involves the primary data which is collected through questionnaire,
interview, and observation.
It involves use of secondary sources such as web and other research articles
printed by various financial institutions and other journals and magazine.
It involves analysis and tabulation of data which is collected from customers is
done by various means such as line graphs, pie charts and bar graphs.
The project involves the study of customer‟s perception.
Methods of collecting data
The data used in this research were collected through the following sources:
1. Data was retrieved from online registered websites.
2. From the management report of companies on internet.
3. From the customer.
4. From other literature available at the company.
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5. From literature available at websites.
6. Journals and news papers.
THE RESEARCH REPORT
The report is the result of a survey which was undertaken in Bareilly City. The
objectives of the project have been fulfilled by getting response from the customer as
well as retailers associated to these segments through a personal interview in the form of
a questionnaire. The responses available through the questionnaire are used to evaluate
the satisfaction and the willingness of the customer to purchase products from organized
as well as unorganized. The project also covers an analysis of the switch over of
customers to different retail market.
THE RESEARCH DESIGN
The research design used in the project is exploratory design. The investigation is
carried upon the customers in organized and unorganized. The reason for choosing this
design is to get responses from the customers so that their perception about the products
of the company and their loyalty could be predicted.
THE AREA OF WORK
The field work is conducted in the Bareilly city at various different locations. Retailers
shop situated in different location all over the city.
THE ANALYTICAL TOOLS USED
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The analytical tools used are mostly graphical in nature which include
Pie charts
Cylindrical charts
Column charts
Tables showing percentage
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CHAPTER 4
DATA ANALYSIS &
INTERPRETATION
Analysis of Data:
Customers‟ perception towards different aspects of retail outlets and kirana stores were
compared using observation method. Before going in for analysis, the Likert Scale
attributes were assigned weights as under:
1 For highly Satisfied
2 For Satisfied
3 Can‟t Say
4 Dissatisfied
5 Highly Disatisfied
The results obtained through data analysis have been discussed in the paper.
.
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Q1. What type of retail stores you prefer?
A) Organized
B) Unorganized
C) Both
Table Number – 4.1
Preference towardsretailstore Percentageofrespondent
Organized 17%
Unorganized 34%
Both 49%
INTERTERPRETATION:
Out of 100 samples, majority of them are select both(49%). only organized sector
choose by17 % and the remaining others have are with
unorganized(37%).
Organized
17%
Unorganized
34%
Both
49%
Preferance towards retail store
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Q2. If organized then what type of organized stores?
A) Branded Showrooms
B) Malls
C) Both
Table Number – 4.2
Preference towardsorganizedretailstore Percentageofrespondent
Branded showrooms 29%
Malls 27%
Both 44%
INTERTERPRETATION:
Out of 100 samples, majority of them are select both(44%). only Branded
showrooms choose by29 % and the remaining others have are with
Malls(27%).
Branded
Showrooms
29%
Malls
27%
Both
44%
Preferance towards organized retail store
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Q3. If Unorganized then what type of unorganized stores?
A) Kirana Shops
B) Small society shops
C) Both
Table Number – 4.3
Preference towardsunorganizedretailstore Percentageofrespondent
Kirana shops 28%
Small society shops 30%
Both 42%
INTERTERPRETATION:
Out of 100 samples, majority of them are select both(42%). only Kirana shops
choose by28 % and the remaining others have are withmall society
shops(30%).
Kirana
Shops
28%
Small society
shops
30%
Both
42%
Preferance towards unorganized retail store
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Q4. Which store do you find more comfortable for shopping?
A) Organized
B) Unorganized
Table Number – 4.4
Comfortablestoreforshopping Percentageofrespondent
Organized 37%
Unorganized 63%
INTERPRETATION:
Out of 100 samples only 37 customers are feeling comfortable at organized retail
shops and rest 63 are comfortable at unorganized retail shops. Through this
data we can interpret that majority are feeling comfortable at unorganized retail
shops.
Organized
37%
Unorganized
63%
Comfortable store for shopping
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INTERTERPRETATION:
Attributes- From Organized sector customer highly satisfied and satisfied. But from
unorganized sector customers are dissatisfied and highly dissatisfied.
Quality of products- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied.
Variety of products- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied.
Availability of products- From Organized sector customer highly satisfied and satisfied.
But from unorganized sector customers are dissatisfied and highly dissatisfied.-
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Attributes Quality of
products
Variety of
products
Availability of
products
Highly Dissatisfied
Dissatisfied
Can't say
Satisfied
Highly Satisfied
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INTERTERPRETATION:
Stacking of products- From Organized sector customer highly satisfied and satisfied.
But from unorganized sector customers are dissatisfied and highly dissatisfied.
Visually attractive Store- From Organized sector customer highly satisfied and
satisfied. But from unorganized sector customers are dissatisfied and highly dissatisfied.
Ambiance From Organized sector customer highly satisfied and satisfied. But from
unorganized sector customers are dissatisfied and highly dissatisfied.-
Spacious shop floor- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Stacking of
products
Visually
attractive
Store
Ambiance Spacious
shop floor
Highly Dissatisfied
Dissatisfied
Can't say
Satisfied
Highly Satisfied
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INTERTERPRETATION:
Parking- From Organized sector customer highly satisfied and satisfied. But from
unorganized sector customers are dissatisfied and highly dissatisfied.
Location- From unorganized sector customer highly satisfied and satisfied. But from
organized sector customers are dissatisfied and highly dissatisfied.
Flexibility in payment mode- From Organized sector customer highly satisfied and
satisfied. But from unorganized sector customers are dissatisfied and highly dissatisfied.
Convenient billing counters- From Organized sector customer highly satisfied and
satisfied. But from unorganized sector customers are dissatisfied and highly dissatisfied .
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Parking Location Flexibility in
payment
mode
Convenient
billing
counters
Highly Dissatisfied
Dissatisfied
Can't say
Satisfied
Highly Satisfied
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INTERTERPRETATION:
Operating time- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied
Cleanliness of store- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied
Sincere to solve customer problem- From Organized sector customer highly satisfied
and satisfied. But from unorganized sector customers are dissatisfied and highly
dissatisfied
Individual attention- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Operating
time
Cleanliness
of store
Sincere to
solve
customer
problem
Individual
attention
Highly Dissatisfied
Dissatisfied
Can't say
Satisfied
Highly Satisfied
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INTERTERPRETATION:
Willingly handle exchanges- From unorganized sector customer highly satisfied and
satisfied. But from organized sector customers are dissatisfied and highly dissatisfied.
Staff presentable- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied
Price of products From unorganized sector customer highly satisfied and satisfied. But
from organized sector customers are dissatisfied and highly dissatisfied.
Promotion offers- From Organized sector customer highly satisfied and satisfied. But
from unorganized sector customers are dissatisfied and highly dissatisfied
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Organized
Unorganized
Willingly
handle
exchanges
Staff
presentable
Price of
products
Promotion
offers
Highly Dissatisfied
Dissatisfied
Can't say
Satisfied
Highly Satisfied
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CHAPTER 5
FINDINGS, RECOMMENDATION AND
LIMITATIONS
FINDINGS
1. In this study it is found that 63% customers prefer to purchase from unorganized
retail outlets as compare to organized retail outlets.
2. During the study it comes to know that customers are satisfied with extra facility
provide by organized retail outlets.
3. In this study it is found that organized retail outlets provide better quality, product
range as compare to unorganized retail outlets.
4. In this study it is observed that in future the market share of unorganized retail will
reduce 60% - 80%, because Customers shifting from unorganized retail outlets to
organized retail outlets.
5. During study it is observed that these organized retail outlets attracting the middle
& upper class customers, the lower class person still prefer to purchase from the
local Kirana Stores.
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6. The findings of the study conclude that 80% of the customers are youngsters aged
between 16-25 and among them more males from the urban sector visit mega
marts.
7. From the utility point of view, A large number of customers were more oriented
towards safety and parking facilities.
8. About 35% - 40% of peoples are least bothered about guarantee and warrantee as
compared to quality and discount that they prefer more.
SUGGESTIONS
1. The organized retail outlets should improve the willingly exchanges provide to
customers.
2. The organized retail outlets should provide the free home delivery facility.
3. The unorganized retail outlets should increase the no. of billing counters in their
outlets.
4. The organized retail outlets should also provide the credit facility to the lower
class customers so that they can increase their market share.
5. The organized retail outlets should also provide the mobile van facility in the areas
which are far away from the stores.
6. To attract the rural sector customers, mega marts may extend their advertisements
offering special sale promotion schemes to the rural areas.
7. The customers are dissatisfied with the safety and parking facilities at the
unorganized retail. Therefore, they should concentrate on developing these aspects
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properly, besides extending more cash discount and free gifts schemes to attract
the customers at a higher level.
8. The unorganized retail store should focus on quality, discount and attractive
display of products, as these are very important factors considered by the
customers while making purchase decisions.
LIMITATION
Due to the constraints of time, the study was confined to BAREILLY city.
The sample was taken on the basis of convenience; therefore the shortcomings of
the convenience sampling may also be present in this study.
The sample size chosen for the purpose was only indicative and not exhaustive
owing to time constraints.
There were some inherent limitations as far as collection of data is concerned. The
respondents replied may be biased in favour of their centres.
CONCLUSION
The crux of the study is that most of the customers prefer to purchase from unorganized
retail outlets as compare to organized outlets. Also its found that most of the respondents
are satisfied with the quality, price and product range of the goods provided by
unorganized retail outlets. In this study it is found that customers want to spend more at
organized retail outlets in comparison to other local Kirana stores. During the study its
also found that customers were happy from the services provided by organized outlets.
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ANNEXURE
BIBLIOGRAPHY
BOOKS AUTHORS
Marketing Management : Philip Kotler
Marketing Research : D. D. Sharma
Research Methodology : C. R. Kothari
Websites
www.vishalmegamart.net
www.easyday.in
www.wikipedia.com
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Questionnaire
A Study on Customer Satisfaction towards the organized and unorganized retail
Name-
Gender- Male ( ) Female ( )
Age Group- <15 yrs. ( ) . 15 – 20 yrs. ( ) . 21 – 30 yrs.( ) 31 – 40 yrs.( ) >40 yrs.( )
Education- High school ( ) Intermediate ( ) UG ( ) PG ( ) PHD. ( )
Monthly Income- <5000 ( ). 5000 – 10000 ( ).10000 - 20000 ( ). 20000 – above
Q1. What type of retail stores you prefer?
A) Organized
B) Unorganized
C) Both
Q2. If organized then what type of organized stores?
A) Branded Showrooms
B) Malls
C) Both
Q3. If Unorganized then what type of unorganized stores?
A) Kirana Shops
B) Small society shops
C) Both
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Q4. Which store do you find more comfortable for shopping?
A) Organized
B) Unorganized
Q5.Rank your satisfaction level both at organized and unorganized retail store.?
1 for Highly Satisfied
2 for Satisfied
3 for Can't say
4 for Dissatisfied
5 for Highly Dissatisfied
Organized Unorganized
Factor 1 2 3 4 5 1 2 3 4 5
Attributes
Quality of products
Variety of products
Availability of products
Stacking of products
Visually attractive Store
Soft Ambiance
Spacious shop floor
Parking
Location
Flexibility in payment mode
Convenient billing counters
Operating time
Cleanliness of store
Sincere to solve customer problem
Individual attention
Willingly handle exchanges
Staff presentable
Price of products
Promotion offers