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F-1149                          Sales And Distribution Management




ACKNOWLEDGEMENTS :-

We would like to thank Mr. Sailendra ( HR Manager ) And Mr. Ajay Sharma , Mr.
Shankar Jaiswal , Mr. Siddhartha , Mr. Nikhil Jain , Mr. Vishal Chopara , Mr. Vikash
Mishra ( Showroom managers ) for their invaluable help and suggestions that they
provided during our summer project . The staff of Vishal mega mart helped us a lot and
all of them were very cooperative. They helped in understanding the marketing mix and
logistics of the retail industry very deeply. We would also like to thank Mrs. Veena
Kumar, our esteemed guide for Sales Management Project, who guided us at every step
whenever we seek help from her regarding this project. Further she guided us not only in
theoretical way but also told how to take care of your health while doing the project.
And we also thanks to Ranjana madam and Dr Veena Sethi, along with other associates
Gaurav Srivastava , Sanjana Sapra , Pragya Dalal , Radha Murali , Neelam Gupta and
Upasana Srivastava who patiently guided us through the project, never accepting less
than our best efforts. We thank them all.
         At last, we would like to thank each other in the group, because with the
coordination and cooperation of the group members this project has become a cakewalk.




                                  Vishal Mega Mart                                       1
F-1149                          Sales And Distribution Management




EXECUTIVE SUMMARY :-

Retail has opened up in a big way in India with players like Shubkisha , Big Bazaar
Vishal Mega Mart & many alike , all entering it at one go ,its very clear that no one has a
clear cut advantage over the other . Out of all the three Vishal mega mart has emerged to
be the most fastest coverer with its coverage of 39 cities with 51 Showrooms . With a
growth at this place Vishal mega mart has surely moved places & is definitely a big hit
among people This is a sector which has just started to emerge & the competition is
fierce between the three majors Big Bazar Shubkisha & Vishal Mega Mart in order to be
among the most preferred retail format . The competition has just fiercend up, it would be
exciting what these giants would come up & would Woo the consumer to purchase from
them Vishal Mega Mart positions itself as “Manufacturing to Retailing” or one stop
shop emphasing on the count of convenience for a consumer,


During our research we came out with various findings in terms of five P’s in the
organization . Products of Vishal Mega Mart ranges from apparels to eatables to grocery
items . They do have plans to introduce new products to its already existing arsenal in
very near future but at the moment they are concentrating on the products in hand and are
examining market demands for the products they want to introduce . In apparels though
Vishal Mega Mart has their own brand and in terms of other products ,they are same as
other stores. But they do have quality issues with their apparels .


As far as positioning is concerned we found out that Vishal Mega Mart is positioning
itself as a “one stop shop”. Though as of now its product arsenal has many deficiencies .
In terms of promotion strategies they don’t have any specific one ,though they do give
advertisements on print media to promote their organization . And as for the products in
their arsenal ,the manufacturers of those respective products take the responsibility of all
the promotional strategies and its execution regarding those products .Vishal Mega Mart
doesn’t play any role in that .Vishal Mega Mart also procures its products both from local



                                   Vishal Mega Mart                                       2
F-1149                          Sales And Distribution Management


and foreign suppliers . Most of its products comes from local vendors though some
products also comes from countries like China . The amount of the products to be stocked
depends on two factors in Vishal Mega Mart . They normally keep 20% to 40% profit on
their products. They don’t change vendors very often and tend to rely on old vendors
mostly because the company doesn’t want to go through the tedious job of selecting new
vendors . They rather prefer to trust their old suppliers . Vishal Mega Mart uses all types
of transports for their logistics . These includes ships and aircrafts while importing and
trucks and trains for inside country transport.


After gathering all the above said data and analyzing them thoroughly we reached to the
conclusion that though Vishal Mega Mart is trying to be an “one stop shop” as an
organized retailer, there are several problems that are plaguing them . Most of these
problems are managerial problems . In terms of products ,Vishal Mega Mart is promoting
itself as an “One Stop Shop” but it lacks very basic items like raw vegetables ,fruits or
even dried fruits . Also the quality of their apparels is not up to the standard mainly due
to their inefficient stitching capacity . The management should invest to create their own
fabrication and stitching plant to maintain the product quality , and till such a plant is
being set up the management should employ very strict quality control methods to ensure
the minimum standard of quality is being maintained.
Vishal Mega Mart also needs to revolutionize their promotional strategies . They need to
create a very active promotional campaign using both electronic and print media as well
as hoardings and banners and ad campaigns . Vishal Mega Mart also should change its
policies regarding vendor selection . They prefer to trust their old vendors rather than
looking for new vendors with better quality . This attitude can lead to a over secured
feeling in the old vendors which in turns might end up creating severe quality problems
in their products . Vishal Mega Mart should not allow any sort of competency to creep
into their vendors and should always look for new vendors with better offers . This will
help to invoke competitive attitude in old vendors which will in turn result in better
quality products .The lack of training in the salespersons at their stores are quite evident
which will lead to customer dissatisfaction. Management should immediately organize
proper training mechanism for its employees to rectify this problem.



                                   Vishal Mega Mart                                       3
F-1149             Sales And Distribution Management




                TABLE OF        CONTENTS


         S.NO    PARTICULARS                           PAGE NO


          1      METHODOLOGY                               5
          2      COMPANYBACKGROUND                        6-9
          3      PRODUCT RANGE                           9-14
          4      FINDINGS                               15-17
          5      DATA ANALYSIS                          18-20
          6      RECOMMENDATIONS                        21-23
          7      BIBILOGRAPHY                             24
          8      ANNEXURE                               25-30




METHODOLOGY :-



                    Vishal Mega Mart                             4
F-1149                          Sales And Distribution Management


During the research initiated we adopted both techniques of data collection which are
primary data collection & secondary data collection. Our primary source of information
is employees of Vishal mega mart .We decided to have a sample size of 50 employees of
Vishal mega mart . We designed a questionnaire and visited 5 Vishal mega mart outlets
in Delhi and N.C.R region and conducted our survey .We also visited Vishal mega mart’s
offices in Mahipalpur and Rangpuri and interviewed their marketing , human resources ,
logistics department’s heads . So we mainly used three types of data collection tools .
Firstly interview with respective departmental heads , secondly on the spot surveys with
Vishal mega mart employees and thirdly mystery shopping where we bought a few items
pretending as customers to check the efficiency of their services and product quality.


As secondary information sources ,we used various sites online and consulted to various
books in library ( Name of the websites and books are provided in the bibliography ) .
After gathering all the necessary data we sorted out the key findings and then we
analyzed it thoroughly over and over again and reached the conclusion .




COMPANY BACKGROUND :-



                                  Vishal Mega Mart                                       5
F-1149                          Sales And Distribution Management

THE VISHAL GROUP -



What started as a humble one store enterprise in 1986 in Kolkata (erstwhile, Calcutta) is
today a conglomerate encompassing 51 showrooms in 39 cities. India’s first hyper-market
has also been opened for the Indian consumer by Vishal. Situated in the national capital
Delhi this store boasts of the singe largest collection of goods and commodities sold
under one roof in India. The group had a turnover of Rs.1463.12 million for fiscal 2005,
under the dynamic leadership of Mr. Ram Chandra Aggarwal . The group had of turnover
Rs 2884.43 million for fiscal 2006 and Rs. 6026.53 million for fiscal 2007
The group’s prime focus is on retailing. The Vishal stores offer affordable family fashion
at prices to suit every pocket. The group’s philosophy is integration and towards this end
has initiated backward integration in the field of high fashion by setting up a state of the
art manufacturing facility to support its retail endeavors. Vishal is one of fastest growing
retailing groups in India. Its outlets cater to almost all price ranges. The showrooms have
over 70,00 products range which fulfills all your household needs, and can be catered to
under one roof. It is covering about 1282000 sq. ft. in 18 state across India. Each store
gives you international quality goods and prices hard to match. The cost benefits that is
derived from the large central purchase of goods and services is passed on to the
consumer.


Ram Aggarwal started Vishal Mega Mart in Kolkata in 1986, in a 100 sq ft shop in Lal
Bazaar. It was a struggle in the beginning, but within two years his store had taken off,
and today Vishal Mega Mart has branches all over the country.


With a turnover of Rs 89 crore (Rs 890 million), Vishal Mega Mart has been one of the
pioneers of bargain retailing in India, and now it is diversifying to become an all-purpose


departmental store. His family had a business in Calcutta (now Kolkata) when he was
growing up, but he wanted to do something different, so he got a job instead. However,
by 1984, he got bored and decided to start something by himself.




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F-1149                          Sales And Distribution Management


At that time, especially in Calcutta, there weren't really any retail stores. People would
buy fabric and get their clothes stitched. He was one of the first people to put forward the
idea of a large departmental style retail store that early on . He started with around Rs
100,000, for which he had to take out a loan as well as dip into some family savings. This
went into renting our workspace, which was an office and a workshop rolled in one, and
hiring the three people he had working for him. they sourced all our material from
Calcutta itself, and stitched our garments in-house.


It took two years for them to really take off -- until then it was a continuous learning
process for him, since he was relatively inexperienced in running a business. he had to
learn various tricks along the way, especially in terms of selling. They set up our first
shop in 1986, and by 1990, They had four showrooms in Calcutta.


The first big outlet was set up in the popular Esplanade area in 1997. The thing that really
made a difference was, around 1988, he had the brainwave of introducing sales. That idea
really took -off they would buy in bulk at discounted rates, and sell at really low prices.
they took temporary shops and put up sales -- they'd get lines going around the corner!


We decided to use interviews , on the spot surveys and mystery shopping as our primary
data collection tool .We used a sample size of 50 employees in 5 Vishal mega mart
outlets and offices . As our secondary data collection tool , We used internet and library.


Vishal Retail Limited is all set to tap the Indian capital markets with an IPO scheduled to
open on June 11, alongside with the mega DLF IPO . Vishal Retail Limited runs the
retail chain of stores under the brand name Vishal Mega Mart. The Vishal Retail IPO
opens for subscription on Monday, June 11 2007 and closes for subscription on June 13


2007. Vishal Retail Limited has fixed the price band for the IPO between Rs. 230 and Rs.
270 per share and the IPO Lot Size was 25 shares. Vishal Retail IPO is expected to raise
about 110 crores which will be used by Vishal Retail Limited to open new stores. Vishal
Retail Limited plans to open 10 new Vishal Mega Mart stores by the end of this financial



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year part financing them using the funds raised through the IPO. Vishal Retail Limited
received private equity funding of about 38 crores last year from Gaja Capital Partners,
HDFC, and the Burman family. Post IPO, the shares of Vishal Retail Limited will be
listed on the stock exchange, Mumbai. The lead manager for Vishal Retail IPO is Enam
financial consultants ltd . The registrar for the Vishal Retail IPO is In time Spectrum
Registry Ltd .
The subscription for Vishal Retail IPO has ended on June 13 th. Vishal Retail IPO has
performed extremely well and has literally stolen the show from the much hyped DLF
IPO. Vishal Retail IPO has been subscribed by a whooping 65 times (oversubscribed 64
times). Retail category has been subscribed by more than 50 times (oversubscribed by
49.4 times). Hence only 2 out of 7 applicants who applied for 350 shares of Vishal retail
limited will receive allotment. Though those lucky to get allotment can expect huge
listing gains, the chances of getting allotment is extremely low. All investors who applied
in the Vishal Retail IPO will get allotment only by lottery system. No matter how many
shares applied for, firm allotment won’t be made. Institutional investor category in the
Vishal Retail IPO has been subscribed by 45.55 times (oversubscribed 44.55 times) and
the High Net worth Individual category has been subscribed by a whooping 311 times.


The market feeling is Vishal Retail Limited will have an excellent listing and will provide
good listing gains for those who are lucky enough to get allotment of shares. The listing
date of Vishal Retail Limited is likely to be somewhere in the first week of July. Vishal
Retail Limited will list both on the NSE and the BSE. Investors who have invested in the
Vishal Retail IPO can expect to receive the IPO refund in the fourth week of June
through ECS. Allotment is likely to be made a few days before the listing date.


In another development the Delhi based Burman family , promoters of Dabur India has
invested in Vishal mega mart .They invested Rs 4 crore to pick up 1% share in the
company at Rs 200 per share .Though this isn’t the first strategic investment in the
company . Earlier Benette Coleman & co had picked up 12% stake in the company.




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F-1149         Sales And Distribution Management




PRODUCT RANGE :-




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F-1149                                   Sales And Distribution Management


HOME FURNISHING
   Drawing Room        Bedroom
   Door Mat            Bed Sheet
   Carpet              Pillows
   Curtains            Pillow Cover
   Kitchen             Bathroom
   Apron               Bath Mats
   Kitchen Napkin      Towel Gift Sets




----------------------------------------------------------------------


 FOOD MART
   FOOD & BEVERAGES
   Snacks
   Drinks



------------------------------------------------------------------------

SPORTS & FITNESS
   INDOOR GAMES        OUTDOOR GAMES
   Basket Ball         Cricket Bat
   T.T. Bat            Football
   Boxing Kit          Lawn Tennis
   Swimming Costumes   Tennis Racket
   Water Ball          Tennis Ball
   Fitness Equip.
   Personal Gym



---------------------------------------------------------------------


 FOOTWEAR
   BOYS                GIRLS
   Shoes               Slippers
   Sandals             Sandals
   LADIES              MENS
   Shoes               Shoes
   Slippers            Slippers



----------------------------------------------------------------------

TELEMART
   Communication         Mobile Accessories
   Mobile                Mobile Batteries
                         Mobile Charger
                         Mobile Strips




------------------------------------------------------------------------

 MENS
   Upper               Lower


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F-1149                       Sales And Distribution Management


   1.




FINDINGS :-


Product range :- From apparels to eatables to grocery products .


   1. HOME FURNISHING
   2. FOOD MART
   3. STATIONARY
   4. TIME ZONE
   5. OPTICALS
   6. GIFTS & NOVELTIES
   7. MENS ACCESSORIES
   8. ELECTRIC & ELECTRONICS ITEMS
   9. PERFUME /DEO
   10. FOOTWEAR
   11. TELEMART
   12. MENS
   13. HOUSEHOLD
   14. TRAVEL ACCESSORIES
   15. KIDS GIRLS
   16. LADIES ACCESSORIES


 Branding :- In apparels they have their own brand .
             And other products are of same brands as other stores .



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F-1149                        Sales And Distribution Management


 Future Induction :- They want to induct fruit juices , alcoholic products , mineral
                          water and canned food in future.
 Procurement :- They Import from abroad as well as procures from local
                   manufacturers.
 Discounted Products :- FMCG , Cosmetics .
 Positioning :-One stop shop .
 Promotion Strategy Making :- The management of Vishal mega mart.
 Promotion Media :- Electronic, print media as well as boarding and banners
                         And ad campaign
 Promoter :- Mr. R. Aggarwal .
 Future Strategy :- Undecided till now . Management will decide later.
 Pricing Strategy :- For their own brands the strategy is market piercing.
                       For other products , it depends on the manufacturer of those
                        products.
Profit Margin :- 20% - 40%
Discounts :- Up to 20% on discounted products are offered .



Vendor :-
              Origin :- Local and foreign
              Selection :- No defined system exists . Relies on old vendors.



Stock Amount :- Depends on market demand .
                       Also depends on size of the store .




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F-1149                         Sales And Distribution Management


Damaged Merchandise :-               If a contract exists with the vendor then he replaces
                                     the product . If not then Vishal mega mart sell them
                                     at a higher discount or destroys them .




Logistics :-
               Mode :- Air , Ocean , rail and road .
               Payer :- Respective head .


Warehouse :-
                  Owner :- Vishal mega mart .
                  Location :- Mahipalpur .
                  Number : 1




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F-1149                          Sales And Distribution Management




DATA ANALYSIS :-


Vishal mega mart has an impressive array of products ranging from apparels to eatables
to grocery products . But it also lacks some very basic products such as raw vegetables,
fruits , dried fruits , raw non vegetarian items etc . And these products are essential to
position itself as “one stop shop” as Vishal mega mart intends to do . It has its own
brands in apparels ,but its facing serious quality problems with them due to lack of
stitching capacity as we found out from Mr Shailendra ,the HR manager of Vishal mega
mart . So Vishal mega mart outsource stitching jobs to local stitchers which results in
poor quality of the products . Vishal mega mart has plans to induct new products in future
which includes its own brand of fruit juices and perfumes and mineral water . It also
intends to add alcoholic products in its arsenal . These moves are a step in right direction
to become a “one stop shop ”. In terms of giving discounts , Vishal mega mart offers
discounts on some FMCG products and cosmetics . They provide discounts up to
20%.Some other products doesn’t involve direct discounts , but includes offer such as
buy 2 get 1 free . Prices of most of the products are decided by their own manufacturer
while only the apparels being their own bran are decided by Vishal mega mart .


Vishal mega mart has a very strange promotional strategy to say the least . Where similar
organizations like “ Subhikhsha ” is very actively pursuing its ads on both electronic and
print media , Vishal mega mart has been surprisingly quiet . Though Mr Shailendra said
they do give ads from time to time , but we haven’t come across a single one . This is a
totally unexplainable attitude from Vishal mega mart . Advertisement is the key to


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F-1149                          Sales And Distribution Management


success in this day and age . And they don’t have a single ad anywhere . This is one
aspect that’s hurting the business of Vishal mega mart and company is failing to generate
awareness among people about itself and attract them . They are losing business.


In terms of pricing they are on the right track with market piercing strategy for their own
brands . We found out that Vishal mega mart keeps 20% to 40% profit margin on its
products( Though its considered to be a trade secret ).Vishal mega mart provides
discounts on some FMCG products and on some cosmetics as well.


Selection of vendors is another murky area in Vishal mega mart’s business operations.
According to Mr Shailendra , The HR Manager of Vishal mega mart , They don’t have
any specific system in place to select the Vendors . They normally select their old
vendors because according to him ,company thinks it’s a tough job to find a new suitable
vendor ,so they prefer to trust their old ones . This is really surprising . They don’t have
any system in place to choose a vendor with better offers and better qualities ! And also
this might lea to serious competency problem on part of old vendors and this sense of
lack of competitiveness might lead to low quality products being supplied to Vishal mega
mart . So Vishal mega mart is risking losing business from both angles.


Vishal mega mart’s stock policy is driven by two factors .Firstly market demand for the
product and secondly the size of the shop . They determine the stocks required for a
certain product on its demand in the market . It also depends on the size of the store . For
example if a store with size of 20 to 22000 sq feet will have 50000 units of a certain
product then a store with 5000 sq feet will have 10000 units of the same product in stock.
They check up on their stocks after every week . This is a very useful and cost effective
way of managing stocks.


In terms of damaged merchandise, If they have contract with the respective vendor then
he replaces the items .But if he doesn’t have any contract then Vishal mega mart tries to
sell those products of at a higher discount or destroys them . This is another dangerous
policy on part of Vishal mega mart and another reason why they should keep updating



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F-1149                          Sales And Distribution Management


their vendors list . Selling damaged products even on a higher discount might lead to
serious customer dissatisfaction and bad reputation in market.


Vishal mega mart procures its products from both local and foreign Vendors . While most
of its products come from the local suppliers ,some products and raw materials also come
from countries like China . This is a good policy considering their strategy to keep the
prices of their products low to attract customers . They can import cheap raw material
from abroad and use local manufacturers to make products with them at a very low cost.
But there is a risk of compromising quality lies here.


They use all sorts of mode of transport for their logistics purpose . They mostly use ships
while importing ,but at times use airlines too to ferry their cargo in . Inside the country
they use road and rail for logistics purposes . If certain zone lacks some particular item
and another zone has excess in its inventory then they transport the additional amount to
the lacking zone to fulfill the demands there . The head of the logistics department pays
for its functions on behalf of the company.


In terms of warehouses ,company has only one warehouse in Delhi , N C R region . And
its owned by Vishal mega mart itself and its located in Mahipalpur .This is another
slightly dangerous policy . Any sort of accident in this warehouse might lead to
catastrophic shortage events . Company might end up taking huge losses due to this.




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F-1149                          Sales And Distribution Management




RECOMMENDATIONS :-


Vishal mega mart is positioning itself as a “one stop shop”. To truly become the leader in
the organized retail sector one needs to truly become a “one stop shop”. And to do that
the stores should contain all sorts of products that anyone might need in a daily life . But
as of now Vishal mega mart doesn’t have certain key products such as raw vegetables,
fruits , dried fruits , raw non vegetarian items etc . They should immediately include these
products into their arsenal to attract more customers . They also lack processed non veg
items like sausages ,salamis etc . They should also include those products in their arsenal
as soon as possible to attract customers and to give more customer satisfaction.


Vishal mega mart has its own brands in apparels . But they have been facing serious
quality issues since the beginning . This is due to    their lack of stitching capability as
well as fabrication capability .They outsource these jobs to local stitchers and fabricators
which hampers the quality which in turn results into customer dissatisfaction and a bad
reputation for the organization . This must be rectified immediately . The organization
should invest in creating its own fabrication and stitching plant urgently to solve this
problem . Now after a successful IPO they have the funds to invest in such a plant and
this is the high time for it . The long term profits from this move will make the Vishal
mega mart grow even faster and will result in customer satisfaction and even a larger
customer base to business with . This in turn will surely rain profit for the organization.
They should also follow the same move regarding their future products such as fruit
juices ,mineral water and canned foods.


Vishal mega mart also needs to revolutionize its promotional strategies . Where in this
day and age promoting the brands is one key way to reach success Vishal mega mart is


                                  Vishal Mega Mart                                       17
F-1149                          Sales And Distribution Management


strangely avoiding it . Its rivals like Subhikhsha is going great guns with its promotional
strategies where as Vishal mega mart is totally quiet . This is leading to less customer
awareness . This is also attracting less customers and its also totally losing the potential
customers . This strategy should be urgently redesigned and Vishal mega mart should
actively pursue an all out promotional activity . This should include electronic as well as
print media as well as boarding and banners and ad campaigns.


In terms of vendors , Vishal mega mart has no definite method in place to select the
vendors . They prefer to trust their old vendors because according to them its hard to find
suitable new vendor and have trust on them . This is a flawed concept and should be
rectify urgently . This sort of attitude only leads to competency in vendors which in turn




Results in low quality products for Vishal mega mart . They should urgently change their
methods and select new vendors in terms of better rate and quality . It ill also help them
solve the product quality problem they have been facing to some extent .


Also in terms of damaged merchandise the organization has somewhat lazy attitude . If
they have a contract with the vendor only then the damaged products can be replaced .
Otherwise they sell it at a higher discount or destroy it . Now this is another bad move
from managerial point of view . If they sell it at a higher discount then it ends up gaining
bad reputation for company because they areb selling damaged products . Also if they
destroy the products it means they r facing loss . To counter such situation , The
organization should have an firm vendor selection method in place as stated above with
contracts mentioning replacement of damaged merchandise is a must.


The company needs to fine tune its policy regarding warehousing too . They have only
one warehouse for entire Delhi , NCR region . If any accidents happen in there then the
company will face huge problems maintaining its stocks for regular function in the
region. So they should arrange more warehouses and distribute the merchandise in them.




                                  Vishal Mega Mart                                       18
F-1149                            Sales And Distribution Management


One another key problem the organization is facing is lack of trained salesmen at their
stores . The stores are full of untrained salesmen ,which in turn generates customer
dissatisfaction .They should have a proper training mechanism in place for their men at
stores to rectify this problem.


With all the above recommendation taken into action ,we are sure Vishal mega mart will
be all set to be the leader in organized retail sector in India in very near future.




BIBLIOGRAPHY :-


Website :- www.vishalmegamart.net

Books :- FDI in retail sector , A report by I C R I E R and ministry of consumer affairs ,
Government of India .




                                    Vishal Mega Mart                                   19
F-1149                        Sales And Distribution Management




ANNEXURE :-


HR Manager of Vishal mega mart :


Name :-MR Shailendra
Address:-Vishal retail Pvt. ltd Khasra No-332 behind Shokel Form Land Near Telko
          work shop.
Contact no :- 9818650609
Email :- shailendra@vrpl.in




Marketing Manager of Vishal mega mart :


Name :-MR Abhishek Gaur
Address :- Vishal retail Pvt. ltd Khasra No-332 behind Shokel Form Land Near Telko
           work shop.
Contact no :- 9810534326


Warehouse Head :-
Name :- Mr. Jeetu Pamnani .
Address :- A- 435/415 , Road No - 4 Mahipalpur New Delhi - 110037
Contact no :- 9911120390


Showroom Managers –



                               Vishal Mega Mart                                      20
F-1149                       Sales And Distribution Management


Name :- Mr. Siddharth & Mr. Shankar Jaiswal
Address :- FD-7 Pritampura Near Madhuban Chowk New Delhi-110034
Contact no :- 01132529482 , 9312004710
Email :- ppura@vrpl.in


Name :- Mr. Dinesh Joshi
Address :- Anshal Plaza G-SR 26-33 & UG SR-20-27, Vaishali , Opp,Dabour, Ghaziabad
Contact no :-0120-3204330, 0120-3204730, 9312678375
Email :- vaishali@vrpl.in


Name :- Mr.Nikhil Jain
Address :- A-2/39 Pal Mohan plaza Rajouri garden new Delhi -27
Contact no :- 011-32522662
Email :- rajouri@vrpl.in


Name :- Mr. Vikash Mishra
Address :- SCO- 10,11,&12 Sector 14 Gurgaon
Contact no   0124-3200077, 9312004709
Email:- ggn@vrpl.in


Name:- Mr. Ajay Sharma
Address:- 10209/10210, Padam Singh Road, Karol Bagh, Delhi -5
Contact no :- 9312632196
E mail:- krb@vrpl.in


Name :-Mr. Sashikant Gupta & Mr. Anil Dayma (asst.)
Address :- 6/3, South Side , Silver City Complex , GT Road Ghaziabad- 201010
Contact no :- 0120-3254238 , 9350828435




                               Vishal Mega Mart                                21
F-1149                      Sales And Distribution Management




QUESTIONNAIRE                   :-


   1)On what basis you plan to position yourself against your competitors?




  2) What new product(s) are you planning to introduce along with your existing
     once in the near future?




   3) What’s your plan regarding procurement of products?




  4) What’s your pricing strategy in view of your entrance in the market?



                              Vishal Mega Mart                                    22
F-1149                        Sales And Distribution Management




 5) Please tell us what kind of promotion strategies your organization is taking?




  6) Please tell us if you are satisfied your current promotional strategies ? If not,
      then what’s your next plan of action?




   7) What promotional strategies are you going to use in the near future?




    8) On what basis you select a particular vendor?




                                 Vishal Mega Mart                                        23
F-1149                       Sales And Distribution Management




   9- Please tell us what’s your policy regarding damaged merchandise ?




   10) What kind of profit margin do you keep on your products?




   11) Are you offering any discounts ? If yes then please specify




    12)What mode of transport do you use for your logistics?




   13) Who pays for the logistics?




                               Vishal Mega Mart                           24
F-1149                     Sales And Distribution Management




   14) How and who makes the payment and how much credit period is allowed?




    15) What’s your policy regarding maintenance of stock and what is the process
       being followed?




    16) What’s the minimum order size the company places to the selected vendor?




                             Vishal Mega Mart                                  25
F-1149                     Sales And Distribution Management


    17) What’s the company policy towards warehousing?




                            Vishal Mega Mart                   26
F-1149                     Sales And Distribution Management


    17) What’s the company policy towards warehousing?




                            Vishal Mega Mart                   26
F-1149                     Sales And Distribution Management


    17) What’s the company policy towards warehousing?




                            Vishal Mega Mart                   26

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Vishal Retail Limited

  • 1. F-1149 Sales And Distribution Management ACKNOWLEDGEMENTS :- We would like to thank Mr. Sailendra ( HR Manager ) And Mr. Ajay Sharma , Mr. Shankar Jaiswal , Mr. Siddhartha , Mr. Nikhil Jain , Mr. Vishal Chopara , Mr. Vikash Mishra ( Showroom managers ) for their invaluable help and suggestions that they provided during our summer project . The staff of Vishal mega mart helped us a lot and all of them were very cooperative. They helped in understanding the marketing mix and logistics of the retail industry very deeply. We would also like to thank Mrs. Veena Kumar, our esteemed guide for Sales Management Project, who guided us at every step whenever we seek help from her regarding this project. Further she guided us not only in theoretical way but also told how to take care of your health while doing the project. And we also thanks to Ranjana madam and Dr Veena Sethi, along with other associates Gaurav Srivastava , Sanjana Sapra , Pragya Dalal , Radha Murali , Neelam Gupta and Upasana Srivastava who patiently guided us through the project, never accepting less than our best efforts. We thank them all. At last, we would like to thank each other in the group, because with the coordination and cooperation of the group members this project has become a cakewalk. Vishal Mega Mart 1
  • 2. F-1149 Sales And Distribution Management EXECUTIVE SUMMARY :- Retail has opened up in a big way in India with players like Shubkisha , Big Bazaar Vishal Mega Mart & many alike , all entering it at one go ,its very clear that no one has a clear cut advantage over the other . Out of all the three Vishal mega mart has emerged to be the most fastest coverer with its coverage of 39 cities with 51 Showrooms . With a growth at this place Vishal mega mart has surely moved places & is definitely a big hit among people This is a sector which has just started to emerge & the competition is fierce between the three majors Big Bazar Shubkisha & Vishal Mega Mart in order to be among the most preferred retail format . The competition has just fiercend up, it would be exciting what these giants would come up & would Woo the consumer to purchase from them Vishal Mega Mart positions itself as “Manufacturing to Retailing” or one stop shop emphasing on the count of convenience for a consumer, During our research we came out with various findings in terms of five P’s in the organization . Products of Vishal Mega Mart ranges from apparels to eatables to grocery items . They do have plans to introduce new products to its already existing arsenal in very near future but at the moment they are concentrating on the products in hand and are examining market demands for the products they want to introduce . In apparels though Vishal Mega Mart has their own brand and in terms of other products ,they are same as other stores. But they do have quality issues with their apparels . As far as positioning is concerned we found out that Vishal Mega Mart is positioning itself as a “one stop shop”. Though as of now its product arsenal has many deficiencies . In terms of promotion strategies they don’t have any specific one ,though they do give advertisements on print media to promote their organization . And as for the products in their arsenal ,the manufacturers of those respective products take the responsibility of all the promotional strategies and its execution regarding those products .Vishal Mega Mart doesn’t play any role in that .Vishal Mega Mart also procures its products both from local Vishal Mega Mart 2
  • 3. F-1149 Sales And Distribution Management and foreign suppliers . Most of its products comes from local vendors though some products also comes from countries like China . The amount of the products to be stocked depends on two factors in Vishal Mega Mart . They normally keep 20% to 40% profit on their products. They don’t change vendors very often and tend to rely on old vendors mostly because the company doesn’t want to go through the tedious job of selecting new vendors . They rather prefer to trust their old suppliers . Vishal Mega Mart uses all types of transports for their logistics . These includes ships and aircrafts while importing and trucks and trains for inside country transport. After gathering all the above said data and analyzing them thoroughly we reached to the conclusion that though Vishal Mega Mart is trying to be an “one stop shop” as an organized retailer, there are several problems that are plaguing them . Most of these problems are managerial problems . In terms of products ,Vishal Mega Mart is promoting itself as an “One Stop Shop” but it lacks very basic items like raw vegetables ,fruits or even dried fruits . Also the quality of their apparels is not up to the standard mainly due to their inefficient stitching capacity . The management should invest to create their own fabrication and stitching plant to maintain the product quality , and till such a plant is being set up the management should employ very strict quality control methods to ensure the minimum standard of quality is being maintained. Vishal Mega Mart also needs to revolutionize their promotional strategies . They need to create a very active promotional campaign using both electronic and print media as well as hoardings and banners and ad campaigns . Vishal Mega Mart also should change its policies regarding vendor selection . They prefer to trust their old vendors rather than looking for new vendors with better quality . This attitude can lead to a over secured feeling in the old vendors which in turns might end up creating severe quality problems in their products . Vishal Mega Mart should not allow any sort of competency to creep into their vendors and should always look for new vendors with better offers . This will help to invoke competitive attitude in old vendors which will in turn result in better quality products .The lack of training in the salespersons at their stores are quite evident which will lead to customer dissatisfaction. Management should immediately organize proper training mechanism for its employees to rectify this problem. Vishal Mega Mart 3
  • 4. F-1149 Sales And Distribution Management TABLE OF CONTENTS S.NO PARTICULARS PAGE NO 1 METHODOLOGY 5 2 COMPANYBACKGROUND 6-9 3 PRODUCT RANGE 9-14 4 FINDINGS 15-17 5 DATA ANALYSIS 18-20 6 RECOMMENDATIONS 21-23 7 BIBILOGRAPHY 24 8 ANNEXURE 25-30 METHODOLOGY :- Vishal Mega Mart 4
  • 5. F-1149 Sales And Distribution Management During the research initiated we adopted both techniques of data collection which are primary data collection & secondary data collection. Our primary source of information is employees of Vishal mega mart .We decided to have a sample size of 50 employees of Vishal mega mart . We designed a questionnaire and visited 5 Vishal mega mart outlets in Delhi and N.C.R region and conducted our survey .We also visited Vishal mega mart’s offices in Mahipalpur and Rangpuri and interviewed their marketing , human resources , logistics department’s heads . So we mainly used three types of data collection tools . Firstly interview with respective departmental heads , secondly on the spot surveys with Vishal mega mart employees and thirdly mystery shopping where we bought a few items pretending as customers to check the efficiency of their services and product quality. As secondary information sources ,we used various sites online and consulted to various books in library ( Name of the websites and books are provided in the bibliography ) . After gathering all the necessary data we sorted out the key findings and then we analyzed it thoroughly over and over again and reached the conclusion . COMPANY BACKGROUND :- Vishal Mega Mart 5
  • 6. F-1149 Sales And Distribution Management THE VISHAL GROUP - What started as a humble one store enterprise in 1986 in Kolkata (erstwhile, Calcutta) is today a conglomerate encompassing 51 showrooms in 39 cities. India’s first hyper-market has also been opened for the Indian consumer by Vishal. Situated in the national capital Delhi this store boasts of the singe largest collection of goods and commodities sold under one roof in India. The group had a turnover of Rs.1463.12 million for fiscal 2005, under the dynamic leadership of Mr. Ram Chandra Aggarwal . The group had of turnover Rs 2884.43 million for fiscal 2006 and Rs. 6026.53 million for fiscal 2007 The group’s prime focus is on retailing. The Vishal stores offer affordable family fashion at prices to suit every pocket. The group’s philosophy is integration and towards this end has initiated backward integration in the field of high fashion by setting up a state of the art manufacturing facility to support its retail endeavors. Vishal is one of fastest growing retailing groups in India. Its outlets cater to almost all price ranges. The showrooms have over 70,00 products range which fulfills all your household needs, and can be catered to under one roof. It is covering about 1282000 sq. ft. in 18 state across India. Each store gives you international quality goods and prices hard to match. The cost benefits that is derived from the large central purchase of goods and services is passed on to the consumer. Ram Aggarwal started Vishal Mega Mart in Kolkata in 1986, in a 100 sq ft shop in Lal Bazaar. It was a struggle in the beginning, but within two years his store had taken off, and today Vishal Mega Mart has branches all over the country. With a turnover of Rs 89 crore (Rs 890 million), Vishal Mega Mart has been one of the pioneers of bargain retailing in India, and now it is diversifying to become an all-purpose departmental store. His family had a business in Calcutta (now Kolkata) when he was growing up, but he wanted to do something different, so he got a job instead. However, by 1984, he got bored and decided to start something by himself. Vishal Mega Mart 6
  • 7. F-1149 Sales And Distribution Management At that time, especially in Calcutta, there weren't really any retail stores. People would buy fabric and get their clothes stitched. He was one of the first people to put forward the idea of a large departmental style retail store that early on . He started with around Rs 100,000, for which he had to take out a loan as well as dip into some family savings. This went into renting our workspace, which was an office and a workshop rolled in one, and hiring the three people he had working for him. they sourced all our material from Calcutta itself, and stitched our garments in-house. It took two years for them to really take off -- until then it was a continuous learning process for him, since he was relatively inexperienced in running a business. he had to learn various tricks along the way, especially in terms of selling. They set up our first shop in 1986, and by 1990, They had four showrooms in Calcutta. The first big outlet was set up in the popular Esplanade area in 1997. The thing that really made a difference was, around 1988, he had the brainwave of introducing sales. That idea really took -off they would buy in bulk at discounted rates, and sell at really low prices. they took temporary shops and put up sales -- they'd get lines going around the corner! We decided to use interviews , on the spot surveys and mystery shopping as our primary data collection tool .We used a sample size of 50 employees in 5 Vishal mega mart outlets and offices . As our secondary data collection tool , We used internet and library. Vishal Retail Limited is all set to tap the Indian capital markets with an IPO scheduled to open on June 11, alongside with the mega DLF IPO . Vishal Retail Limited runs the retail chain of stores under the brand name Vishal Mega Mart. The Vishal Retail IPO opens for subscription on Monday, June 11 2007 and closes for subscription on June 13 2007. Vishal Retail Limited has fixed the price band for the IPO between Rs. 230 and Rs. 270 per share and the IPO Lot Size was 25 shares. Vishal Retail IPO is expected to raise about 110 crores which will be used by Vishal Retail Limited to open new stores. Vishal Retail Limited plans to open 10 new Vishal Mega Mart stores by the end of this financial Vishal Mega Mart 7
  • 8. F-1149 Sales And Distribution Management year part financing them using the funds raised through the IPO. Vishal Retail Limited received private equity funding of about 38 crores last year from Gaja Capital Partners, HDFC, and the Burman family. Post IPO, the shares of Vishal Retail Limited will be listed on the stock exchange, Mumbai. The lead manager for Vishal Retail IPO is Enam financial consultants ltd . The registrar for the Vishal Retail IPO is In time Spectrum Registry Ltd . The subscription for Vishal Retail IPO has ended on June 13 th. Vishal Retail IPO has performed extremely well and has literally stolen the show from the much hyped DLF IPO. Vishal Retail IPO has been subscribed by a whooping 65 times (oversubscribed 64 times). Retail category has been subscribed by more than 50 times (oversubscribed by 49.4 times). Hence only 2 out of 7 applicants who applied for 350 shares of Vishal retail limited will receive allotment. Though those lucky to get allotment can expect huge listing gains, the chances of getting allotment is extremely low. All investors who applied in the Vishal Retail IPO will get allotment only by lottery system. No matter how many shares applied for, firm allotment won’t be made. Institutional investor category in the Vishal Retail IPO has been subscribed by 45.55 times (oversubscribed 44.55 times) and the High Net worth Individual category has been subscribed by a whooping 311 times. The market feeling is Vishal Retail Limited will have an excellent listing and will provide good listing gains for those who are lucky enough to get allotment of shares. The listing date of Vishal Retail Limited is likely to be somewhere in the first week of July. Vishal Retail Limited will list both on the NSE and the BSE. Investors who have invested in the Vishal Retail IPO can expect to receive the IPO refund in the fourth week of June through ECS. Allotment is likely to be made a few days before the listing date. In another development the Delhi based Burman family , promoters of Dabur India has invested in Vishal mega mart .They invested Rs 4 crore to pick up 1% share in the company at Rs 200 per share .Though this isn’t the first strategic investment in the company . Earlier Benette Coleman & co had picked up 12% stake in the company. Vishal Mega Mart 8
  • 9. F-1149 Sales And Distribution Management PRODUCT RANGE :- Vishal Mega Mart 9
  • 10. F-1149 Sales And Distribution Management HOME FURNISHING Drawing Room Bedroom Door Mat Bed Sheet Carpet Pillows Curtains Pillow Cover Kitchen Bathroom Apron Bath Mats Kitchen Napkin Towel Gift Sets ---------------------------------------------------------------------- FOOD MART FOOD & BEVERAGES Snacks Drinks ------------------------------------------------------------------------ SPORTS & FITNESS INDOOR GAMES OUTDOOR GAMES Basket Ball Cricket Bat T.T. Bat Football Boxing Kit Lawn Tennis Swimming Costumes Tennis Racket Water Ball Tennis Ball Fitness Equip. Personal Gym --------------------------------------------------------------------- FOOTWEAR BOYS GIRLS Shoes Slippers Sandals Sandals LADIES MENS Shoes Shoes Slippers Slippers ---------------------------------------------------------------------- TELEMART Communication Mobile Accessories Mobile Mobile Batteries Mobile Charger Mobile Strips ------------------------------------------------------------------------ MENS Upper Lower Vishal Mega Mart 10
  • 11. F-1149 Sales And Distribution Management 1. FINDINGS :- Product range :- From apparels to eatables to grocery products . 1. HOME FURNISHING 2. FOOD MART 3. STATIONARY 4. TIME ZONE 5. OPTICALS 6. GIFTS & NOVELTIES 7. MENS ACCESSORIES 8. ELECTRIC & ELECTRONICS ITEMS 9. PERFUME /DEO 10. FOOTWEAR 11. TELEMART 12. MENS 13. HOUSEHOLD 14. TRAVEL ACCESSORIES 15. KIDS GIRLS 16. LADIES ACCESSORIES Branding :- In apparels they have their own brand . And other products are of same brands as other stores . Vishal Mega Mart 11
  • 12. F-1149 Sales And Distribution Management Future Induction :- They want to induct fruit juices , alcoholic products , mineral water and canned food in future. Procurement :- They Import from abroad as well as procures from local manufacturers. Discounted Products :- FMCG , Cosmetics . Positioning :-One stop shop . Promotion Strategy Making :- The management of Vishal mega mart. Promotion Media :- Electronic, print media as well as boarding and banners And ad campaign Promoter :- Mr. R. Aggarwal . Future Strategy :- Undecided till now . Management will decide later. Pricing Strategy :- For their own brands the strategy is market piercing. For other products , it depends on the manufacturer of those products. Profit Margin :- 20% - 40% Discounts :- Up to 20% on discounted products are offered . Vendor :- Origin :- Local and foreign Selection :- No defined system exists . Relies on old vendors. Stock Amount :- Depends on market demand . Also depends on size of the store . Vishal Mega Mart 12
  • 13. F-1149 Sales And Distribution Management Damaged Merchandise :- If a contract exists with the vendor then he replaces the product . If not then Vishal mega mart sell them at a higher discount or destroys them . Logistics :- Mode :- Air , Ocean , rail and road . Payer :- Respective head . Warehouse :- Owner :- Vishal mega mart . Location :- Mahipalpur . Number : 1 Vishal Mega Mart 13
  • 14. F-1149 Sales And Distribution Management DATA ANALYSIS :- Vishal mega mart has an impressive array of products ranging from apparels to eatables to grocery products . But it also lacks some very basic products such as raw vegetables, fruits , dried fruits , raw non vegetarian items etc . And these products are essential to position itself as “one stop shop” as Vishal mega mart intends to do . It has its own brands in apparels ,but its facing serious quality problems with them due to lack of stitching capacity as we found out from Mr Shailendra ,the HR manager of Vishal mega mart . So Vishal mega mart outsource stitching jobs to local stitchers which results in poor quality of the products . Vishal mega mart has plans to induct new products in future which includes its own brand of fruit juices and perfumes and mineral water . It also intends to add alcoholic products in its arsenal . These moves are a step in right direction to become a “one stop shop ”. In terms of giving discounts , Vishal mega mart offers discounts on some FMCG products and cosmetics . They provide discounts up to 20%.Some other products doesn’t involve direct discounts , but includes offer such as buy 2 get 1 free . Prices of most of the products are decided by their own manufacturer while only the apparels being their own bran are decided by Vishal mega mart . Vishal mega mart has a very strange promotional strategy to say the least . Where similar organizations like “ Subhikhsha ” is very actively pursuing its ads on both electronic and print media , Vishal mega mart has been surprisingly quiet . Though Mr Shailendra said they do give ads from time to time , but we haven’t come across a single one . This is a totally unexplainable attitude from Vishal mega mart . Advertisement is the key to Vishal Mega Mart 14
  • 15. F-1149 Sales And Distribution Management success in this day and age . And they don’t have a single ad anywhere . This is one aspect that’s hurting the business of Vishal mega mart and company is failing to generate awareness among people about itself and attract them . They are losing business. In terms of pricing they are on the right track with market piercing strategy for their own brands . We found out that Vishal mega mart keeps 20% to 40% profit margin on its products( Though its considered to be a trade secret ).Vishal mega mart provides discounts on some FMCG products and on some cosmetics as well. Selection of vendors is another murky area in Vishal mega mart’s business operations. According to Mr Shailendra , The HR Manager of Vishal mega mart , They don’t have any specific system in place to select the Vendors . They normally select their old vendors because according to him ,company thinks it’s a tough job to find a new suitable vendor ,so they prefer to trust their old ones . This is really surprising . They don’t have any system in place to choose a vendor with better offers and better qualities ! And also this might lea to serious competency problem on part of old vendors and this sense of lack of competitiveness might lead to low quality products being supplied to Vishal mega mart . So Vishal mega mart is risking losing business from both angles. Vishal mega mart’s stock policy is driven by two factors .Firstly market demand for the product and secondly the size of the shop . They determine the stocks required for a certain product on its demand in the market . It also depends on the size of the store . For example if a store with size of 20 to 22000 sq feet will have 50000 units of a certain product then a store with 5000 sq feet will have 10000 units of the same product in stock. They check up on their stocks after every week . This is a very useful and cost effective way of managing stocks. In terms of damaged merchandise, If they have contract with the respective vendor then he replaces the items .But if he doesn’t have any contract then Vishal mega mart tries to sell those products of at a higher discount or destroys them . This is another dangerous policy on part of Vishal mega mart and another reason why they should keep updating Vishal Mega Mart 15
  • 16. F-1149 Sales And Distribution Management their vendors list . Selling damaged products even on a higher discount might lead to serious customer dissatisfaction and bad reputation in market. Vishal mega mart procures its products from both local and foreign Vendors . While most of its products come from the local suppliers ,some products and raw materials also come from countries like China . This is a good policy considering their strategy to keep the prices of their products low to attract customers . They can import cheap raw material from abroad and use local manufacturers to make products with them at a very low cost. But there is a risk of compromising quality lies here. They use all sorts of mode of transport for their logistics purpose . They mostly use ships while importing ,but at times use airlines too to ferry their cargo in . Inside the country they use road and rail for logistics purposes . If certain zone lacks some particular item and another zone has excess in its inventory then they transport the additional amount to the lacking zone to fulfill the demands there . The head of the logistics department pays for its functions on behalf of the company. In terms of warehouses ,company has only one warehouse in Delhi , N C R region . And its owned by Vishal mega mart itself and its located in Mahipalpur .This is another slightly dangerous policy . Any sort of accident in this warehouse might lead to catastrophic shortage events . Company might end up taking huge losses due to this. Vishal Mega Mart 16
  • 17. F-1149 Sales And Distribution Management RECOMMENDATIONS :- Vishal mega mart is positioning itself as a “one stop shop”. To truly become the leader in the organized retail sector one needs to truly become a “one stop shop”. And to do that the stores should contain all sorts of products that anyone might need in a daily life . But as of now Vishal mega mart doesn’t have certain key products such as raw vegetables, fruits , dried fruits , raw non vegetarian items etc . They should immediately include these products into their arsenal to attract more customers . They also lack processed non veg items like sausages ,salamis etc . They should also include those products in their arsenal as soon as possible to attract customers and to give more customer satisfaction. Vishal mega mart has its own brands in apparels . But they have been facing serious quality issues since the beginning . This is due to their lack of stitching capability as well as fabrication capability .They outsource these jobs to local stitchers and fabricators which hampers the quality which in turn results into customer dissatisfaction and a bad reputation for the organization . This must be rectified immediately . The organization should invest in creating its own fabrication and stitching plant urgently to solve this problem . Now after a successful IPO they have the funds to invest in such a plant and this is the high time for it . The long term profits from this move will make the Vishal mega mart grow even faster and will result in customer satisfaction and even a larger customer base to business with . This in turn will surely rain profit for the organization. They should also follow the same move regarding their future products such as fruit juices ,mineral water and canned foods. Vishal mega mart also needs to revolutionize its promotional strategies . Where in this day and age promoting the brands is one key way to reach success Vishal mega mart is Vishal Mega Mart 17
  • 18. F-1149 Sales And Distribution Management strangely avoiding it . Its rivals like Subhikhsha is going great guns with its promotional strategies where as Vishal mega mart is totally quiet . This is leading to less customer awareness . This is also attracting less customers and its also totally losing the potential customers . This strategy should be urgently redesigned and Vishal mega mart should actively pursue an all out promotional activity . This should include electronic as well as print media as well as boarding and banners and ad campaigns. In terms of vendors , Vishal mega mart has no definite method in place to select the vendors . They prefer to trust their old vendors because according to them its hard to find suitable new vendor and have trust on them . This is a flawed concept and should be rectify urgently . This sort of attitude only leads to competency in vendors which in turn Results in low quality products for Vishal mega mart . They should urgently change their methods and select new vendors in terms of better rate and quality . It ill also help them solve the product quality problem they have been facing to some extent . Also in terms of damaged merchandise the organization has somewhat lazy attitude . If they have a contract with the vendor only then the damaged products can be replaced . Otherwise they sell it at a higher discount or destroy it . Now this is another bad move from managerial point of view . If they sell it at a higher discount then it ends up gaining bad reputation for company because they areb selling damaged products . Also if they destroy the products it means they r facing loss . To counter such situation , The organization should have an firm vendor selection method in place as stated above with contracts mentioning replacement of damaged merchandise is a must. The company needs to fine tune its policy regarding warehousing too . They have only one warehouse for entire Delhi , NCR region . If any accidents happen in there then the company will face huge problems maintaining its stocks for regular function in the region. So they should arrange more warehouses and distribute the merchandise in them. Vishal Mega Mart 18
  • 19. F-1149 Sales And Distribution Management One another key problem the organization is facing is lack of trained salesmen at their stores . The stores are full of untrained salesmen ,which in turn generates customer dissatisfaction .They should have a proper training mechanism in place for their men at stores to rectify this problem. With all the above recommendation taken into action ,we are sure Vishal mega mart will be all set to be the leader in organized retail sector in India in very near future. BIBLIOGRAPHY :- Website :- www.vishalmegamart.net Books :- FDI in retail sector , A report by I C R I E R and ministry of consumer affairs , Government of India . Vishal Mega Mart 19
  • 20. F-1149 Sales And Distribution Management ANNEXURE :- HR Manager of Vishal mega mart : Name :-MR Shailendra Address:-Vishal retail Pvt. ltd Khasra No-332 behind Shokel Form Land Near Telko work shop. Contact no :- 9818650609 Email :- shailendra@vrpl.in Marketing Manager of Vishal mega mart : Name :-MR Abhishek Gaur Address :- Vishal retail Pvt. ltd Khasra No-332 behind Shokel Form Land Near Telko work shop. Contact no :- 9810534326 Warehouse Head :- Name :- Mr. Jeetu Pamnani . Address :- A- 435/415 , Road No - 4 Mahipalpur New Delhi - 110037 Contact no :- 9911120390 Showroom Managers – Vishal Mega Mart 20
  • 21. F-1149 Sales And Distribution Management Name :- Mr. Siddharth & Mr. Shankar Jaiswal Address :- FD-7 Pritampura Near Madhuban Chowk New Delhi-110034 Contact no :- 01132529482 , 9312004710 Email :- ppura@vrpl.in Name :- Mr. Dinesh Joshi Address :- Anshal Plaza G-SR 26-33 & UG SR-20-27, Vaishali , Opp,Dabour, Ghaziabad Contact no :-0120-3204330, 0120-3204730, 9312678375 Email :- vaishali@vrpl.in Name :- Mr.Nikhil Jain Address :- A-2/39 Pal Mohan plaza Rajouri garden new Delhi -27 Contact no :- 011-32522662 Email :- rajouri@vrpl.in Name :- Mr. Vikash Mishra Address :- SCO- 10,11,&12 Sector 14 Gurgaon Contact no 0124-3200077, 9312004709 Email:- ggn@vrpl.in Name:- Mr. Ajay Sharma Address:- 10209/10210, Padam Singh Road, Karol Bagh, Delhi -5 Contact no :- 9312632196 E mail:- krb@vrpl.in Name :-Mr. Sashikant Gupta & Mr. Anil Dayma (asst.) Address :- 6/3, South Side , Silver City Complex , GT Road Ghaziabad- 201010 Contact no :- 0120-3254238 , 9350828435 Vishal Mega Mart 21
  • 22. F-1149 Sales And Distribution Management QUESTIONNAIRE :- 1)On what basis you plan to position yourself against your competitors? 2) What new product(s) are you planning to introduce along with your existing once in the near future? 3) What’s your plan regarding procurement of products? 4) What’s your pricing strategy in view of your entrance in the market? Vishal Mega Mart 22
  • 23. F-1149 Sales And Distribution Management 5) Please tell us what kind of promotion strategies your organization is taking? 6) Please tell us if you are satisfied your current promotional strategies ? If not, then what’s your next plan of action? 7) What promotional strategies are you going to use in the near future? 8) On what basis you select a particular vendor? Vishal Mega Mart 23
  • 24. F-1149 Sales And Distribution Management 9- Please tell us what’s your policy regarding damaged merchandise ? 10) What kind of profit margin do you keep on your products? 11) Are you offering any discounts ? If yes then please specify 12)What mode of transport do you use for your logistics? 13) Who pays for the logistics? Vishal Mega Mart 24
  • 25. F-1149 Sales And Distribution Management 14) How and who makes the payment and how much credit period is allowed? 15) What’s your policy regarding maintenance of stock and what is the process being followed? 16) What’s the minimum order size the company places to the selected vendor? Vishal Mega Mart 25
  • 26. F-1149 Sales And Distribution Management 17) What’s the company policy towards warehousing? Vishal Mega Mart 26
  • 27. F-1149 Sales And Distribution Management 17) What’s the company policy towards warehousing? Vishal Mega Mart 26
  • 28. F-1149 Sales And Distribution Management 17) What’s the company policy towards warehousing? Vishal Mega Mart 26