new whole project
TRANSCRIPT
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Chapter 1: Introduction
1.1 Introduction1.2 Statement of the problem1.3 Objectives of the study1.4 Scope of the Study1.5 Research methodology1.6Limitation of the Study1.7 Chapter Scheme
Chapter 2: Profiles
2.1 Industry profile2.2 Company profile
Chapter 3: Literature Survey
3.1 Conceptual and theoretical review3.2 Research review
Chapter 4: Data Analysis and Interpretation
Chapter 5: Results, Discussions and Conclusion
5.1 Findings5.2 Suggestions & Recommendations5.3 Directions for further research5.4 Conclusion
Bibliography
Appendix
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CHAPTER 1: INTRODUCTION
1.1 Introduction
In India, the most of the retail sector is unorganized. In India, the retail
business contributes around 10 percent of GDP. Of this, the organized retail sector accounts
only for about 5 percent share, and the expected annual growth rate is 5% per annum and
remaining share is contributed by the unorganized sector. The main challenge facing the
organized sector is the competition from unorganized sector. Unorganized retailing has
been there in India for centuries, theses are named as mom-pop stores. The main
advantage in unorganized retailing is consumer familiarity that runs from generation to
generation. It is a low cost structure, they are mostly operated by owners, has very lowreal estate and labor costs and has low taxes to pay. And it also gives 8% Employment to
the country annually.
In late 1990's the retail sector has witnessed a level of transformation. Retailing is being
perceived as a beginner and as an attractive commercial business for organized business
i.e. the pure retailer is starting to emerge now. Organized retail business in India is very
small but has tremendous scope. The total in 2005 stood at $225 billion, accounting for
about 10% of GDP. In this total market, the organized retail accounts for only $8 billion of
total revenue. According to A T Kearney, the organized retailing is expected to be more
than $23 billion revenue by 2010.
In organized retailing will grow faster than unorganized sector and the growth speed will
be responsible for its high market share, which is expected to be $ 17 billion by 2010-11.
The organized sector is expected to grow faster than GDP growth in next few years
driven by favorable demographic patterns, changing lifestyles, and strong income
growth. This organized retail sector mix includes supermarkets, hypermarkets discounted
stores and specialty stores, departmental stores. For example, Spencer network has 69
stores, which includes seven Spencer hypermarkets, three Spencer super markets and 49
Spencer Dailys.
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Now the company is planning to open 20 stores in 10 cities in six months. The top 10
retailers account only for 2% of total market, today modern retailing is expected to enter a
boom phase, which has major players and these players might capture 10% of total
market, within next five years.
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1.2 Statement of the problem
To find whether the variety of products are available in the store for the
customers
To find whether the customer are satisfied with the quality of products
provided by the company
To find whether the customer service in the store are effective in delivering
the information required by the customer.
To find whether the products are arranged in such a manner that the customer
can identify easily.
To know whether the customer satisfied with the store.
To find the loyalty level of the customers towards the store.
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1.3 Objectives of the study
Primary objectives
To study about the shoppers attitude in big bazaar store (Express Avenue).
Secondary objectives
To study the customer satisfaction level of big bazaar.
To study the perception of customer towards big bazaar.
To study the customer loyalty level of big bazaar.
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1.4 Scope of the Study
The study was aimed at getting the customers view and attitude towards big bazaar.
To study the customer satisfaction level in various aspects.
The study of customer loyalty towards big bazaar.
The study of customer satisfaction about the store.
The study of attitude of customers towards the variables such as quality of products,
price, availability of products and layout of the store.
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1.5 Research methodology
Research means a scientific and systematic search for pertinent information on specific
topic. Research is a careful investigation or enquiry especially through search for new facts in
any branch of knowledge, research comprises defining and redefining problems, formulating
hypothesis or suggested solutions, collecting and organizing and evaluating data, making
deduction and reaching conclusion, and at last carefully testing the conclusion to determine
whether they fit the formulating hypothesis.
RESEARCH DESIGN
Research design is considered to be a blue print of the research being under taken that is,
Research design is purely and simply the frame work or plan for the study that guides the
collection and analysis of data. The preparation of such design facilitates research to be as
efficient as possible yielding maximal information. There is never single standard or correct
method to carry research. Thus, there is no single perfect design to solve a problem but in
general, the methods of carrying out are categorized in to three types.
Exploratory Research
Descriptive Research
Causal Research
With reference to the given project at Big Bazaar royepettah., Descriptive Design has been
opted to be appropriate one, as it would help to obtain complete and accurate information.
For descriptive study, a proper procedure should be prepared keeping in mind the
objectives of the study and the resources available. The descriptive design is also called the
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survey design since it takes in to account all the steps involved in a survey and hence the
design was found to be the most suited design
RESEARCH INSTRUMENT
The research instrument in this study is a Structured Questionnaire. Structured
questionnaire are those questionnaire in which there are concrete and predetermined question
relating to the aspect, for which the researcher collect data. The questions are presented with
exactly the same working and in same order to the respondents
QUESTIONNAIRE DESIGN
This method of data collection is very common and has used to perform this research.
The questions were carefully framed keeping in mind the objectives of the research. The
questionnaire was prepared in an unbiased manner giving enough scope to the supervisor to
speak out what he felt.
The questionnaire on a five point Rating scale method. 10 questions were asked in the
questionnaire.
DATA COLLECTION METHODS
Market research requires two types of data i.e. secondary data and primary data.
Primary data has been used abundantly for the study. Well-structured questionnaires
were prepared & the survey was undertaken. In this study, data were collected from the
employees of Big Bazaar using questionnaire consisting of five-point scaled questions.
There is also a use of secondary data, collected from the various journals, books, and
websites & from company managers.
Primary data : Field Survey
Secondary data : Big Bazaar records
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Text Books and journals Company Websites
Area of research : Royepettah
Research approach : Survey method
SAMPLING METHOD
Since the study is restricted to Retail sector, all the functional Departments of Big
Bazaar and the respondents are found at the store only so according to the convenience
randomly they are being picked so sampling method is used in this study is Random
Sampling.
SAMPLING:
PILOT SURVEY
Sample Size 110 respondents
Sampling Method Random sampling
Sample Unit Customers of Big bazaar
Measuring Tool Questionnaire
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The data gathering exercise was begun with a survey pre-test analysis. Sample of 10
respondents were interviewed to assess the suitability of the questionnaire design. Based on
the response entertained by them and the analysis of the same questionnaire was found to be
suitable for the study.
1.6 Limitation of the Study
The study is limited to only 110 respondents.
The time allotted for the study was not enough to cover the entire customer.
The respondent may not answer in a natural way
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1.7 Chapter Scheme
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CHAPTER 2
PROFILES
2.1 Industry profile
Retail means selling goods and services in small quantities directly to
customers. Retailing consists of all activities involved in marketing of goods and services
directly to consumer for their personnel family and household use.
The Indian retailing industry is becoming intensely competitive, as more and
more payers are Vying for the same set of customers. The major retail players are
Pantaloon Retail, Shoppers Stop, Reliance, etc.,
Retailing is one of the biggest sectors and it is witnessing revolution in India. The
new entrant in retailing in India signifies the beginning of retail revolution. India's
retail market is expected to grow tremendously in next few years. According to AT
Kearney, The Windows of Opportunity shows that Retailing in India was at opening stage
in 1995 and now it is in peaking stage in 2006. India's retail market is expected to
grow tremendously in next few years. India shows US$330 billion retail market that
is expected to grow 10% a year, with modern retailing just beginning. India ranks first in
2005. In fact, in 2005 and 2006, India is the most compelling opportunity for retailers,
because now India is in peaking stage.
Retailing includes all the activities involved in selling goods or services directly to
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final consumers for their personal, non-business use. Retailers can be classified in terms
of store retailers, non-store retailing, and retail organizations.
Store retailers include many types, such as specialty stores, department
stores, supermarkets, convenience stores, superstores, combination stores,
hypermarkets, discount stores, warehouse stores, and catalog showrooms. These store
forms have had different longevities and are at different stages of the retail life cycle.
Depending on the wheel-of-retailing, some will go out of existence because they cannot
compete on a quality, service, or price basis.
Non-store retailing is growing more rapidly than store retailing. It includes direct
selling (door-to-door, party selling), direct marketing, automatic vending, and buying
services. Much of retailing is in the hands of large retail organizations such as corporate
chains, voluntary chain and retailer cooperatives, consumer cooperatives, franchise
organizations, and merchandising conglomerates. More retail chains are now sponsoring
diversified retailing lines and forms instead of sticking to one form such as the
department store.
Retailers, like manufacturers, must prepare marketing plans that include
decisions on target markets, product assortment and services, store atmosphere, pricing,
promotion, and place. Retailers are showing strong signs of improving their
professional management and their productivity, in the face of such trends as shortening
retail life cycles, new retail forms, increasing intertype competition, and polarity of
retailing, new retail technologies, and many others.
Wholesaling includes all the activities involved in selling goods or services to those
who are buying for the purpose of resale or for business use. Wholesalers help
manufacturers deliver their products efficiently to the many retailers and industrial
users across the nation. Wholesalers perform many functions, including selling and
promoting, buyingand assortment-building, bulk-breaking, warehousing, transporting,
financing, risk bearing, supplying market information, and providing management
services and counseling. Wholesalers fall into four groups. Merchant wholesalers take
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possession of the goods and include full-service wholesalers (wholesale
merchants, industrial distributors) and limited-service wholesalers (cash-and- carry
wholesalers, truck wholesalers, drop shippers, rack jobbers, producers' cooperatives,
and mail-order wholesalers). Agents and brokers do not take possession of the goods
but are paid a commission for facilitating buying and selling. Manufacturers' and retailers'
branches and offices are wholesaling operations conducted by non-wholesalers to
bypass the wholesalers. Miscellaneous wholesalers include agricultural assemblers,
petroleum bulk plants and terminals, and auction companies.
Wholesalers, too, must make decisions on their target market, product assortment
and services, pricing, promotion, and place. Wholesalers who fail to carry
adequate assortments and inventory and provide satisfactory service are likely to be
bypassed by manufacturers. Progressive wholesalers, on the other hand, are adapting
marketing concepts and streamlining their costs of doing business.
CURRENT SCENARIO
India rank first in terms of emerging market potential in retail sector. Current
retail market is US $ 215 billion. Growth rate of retail sector in India is 8-10% per annum.
Near about 12 million retail outlets are spread across India.
FDI in retail sector increases from US $ 3.1 billion in 2003 to over US $7.6
billion in 2009.
TYPES OF RETAILERS:
Retailers are broadly classified into 3 categories
Food Retailers.
General Merchandise Retailers
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Service Retailers.
TECHNOLOGIES USED IN RETAILING SECTOR
In-store technologies- Interactive kiosks
Virtual display case
Radio Frequency identification tags
Self-scanning & self-checkout system
Body scanning
Online technology- Online display of products
Online shopping
CHALLENGES:
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Largely urban phenomenon, pace of growth is still slow.
Not being recognized as an industry in India so availability of finance is low to new
market players.
High cost of real estate.
High stamp duties.
Lack of infrastructure.
Multiple & complex taxation system.
Protest against retail sector.
FUTURE STRATEGY:
It is projected that up to 2010 retail sector will be worth around US $ 300 billion.
FDI is going to increase rapidly, up to 2010 retail sector will become biggest
industry in India.
Retail sector is expected to create 2 million jobs up to 2010.
According to Indian Retail Report top 10 players in modern retail trade are going to
invest US $ 18-20 billion in next five years.
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2.2 Company profile
Future Groups, is India's leading Retail Company with presence across multiple lines
of businesses. The company owns and manages multiple retail formats that cater to a wide
cross-section of the Indian society and is able to capture almost the entire consumption
basket of the Indian consumer. Headquartered in Mumbai (Bombay), the company
operates through 5 million square feet of retail space, has over 331 stores across 40
cities in India and employs over 17,000 people. The company registered a turnover of
Rest 2,019 crore for FY 2007-08. It owns and operates multiple retail formats including
Pantaloons, Big Bazaar, Food Bazaar, Central, E-Zone, Fashion Station, Depot and many
others.
Future Groups forayed into modern retail in 1997 with the launching of fashion retail
chain, Pantaloons in Kolkata. In 2001, it launched Big Bazaar, a hypermarket chain that
combines the look and feel of Indian bazaars, with aspects of modern retail, like choice,
convenience and hygiene. Food Bazaar, food and grocery chain and launch Central, a firstof its kind seamless mall located in the heart of major Indian cities, followed this. Some
of its other formats include, Collection I (home improvement products), E-Zone (consumer
electronics), Depot (books, music, gifts and stationary), All (fashion apparel for plus-size
individuals), Shoe Factory (footwear) and Blue Sky (fashion accessories). It has recently
launched its retailing venture, fu turebazaar.co m .
The group's subsidiary companies include, Home Solutions Retail India Ltd,
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Pantaloon Industries Ltd, Galaxy Entertainment and Indus League Clothing. The group
also has joint venture companies with a number of partners including French retailer Etam
group, Lee Cooper, Manipal Healthcare, Jaywalkers, Gini & Jony and Liberty Shoes.
Planet Retail, a group company owns the franchisee of international brands like Marks
& Spencer, Debenhams, Next and Guess in India.
Future Groups is listed on BSE and NSE with a turnover of Rs.2,018 crores for
financial year ended 2007-08. Future Groups was selected as the Best of Best Retailers in
Asia by Retail Asia-Pacific Top 500 magazine in 2006.
Big Bazaar is a chain of shopping malls in Ind ia currently with 29 outlets, owned by the
Pantaloon Group. It works on same the economy model as Wal-Mart and has had
considerable success in many Indian cities and small towns. The idea was pioneered by
entrepreneur Ki s hore B iyan i, the head of Pantaloon Retail India Ltd.
Big Bazaar stores in Metros have a gaming area and kids play area for
entertainment. Cities where stores are located are,
A gr a , A h m adaba d , A ll ahaba d , A m ba la , A s an s o l, Banga lor e , Bhubaneswar, Chenna i ,
Coimbatore,Palakkad, K o lka ta , D e lh i , D urgapur, G haz iaba d , G urgaon,H yderaba d ,
Indore, L uckno w ,K anpur, M anga lor e , M u m ba i , N agpur, N a s ik, Pan ipa t , Pune, Ra jko t ,
Surat, T han e , T h iruvanan th apura m , V is hakhapa tna m .
Big Bazaar is not just another hypermarket. It caters to every need of customers
family. Where Big Bazaar scores over other stores is its value for money proposition for
the Indian customers.
At Big Bazaar, customer will definitely get the best products at the best prices --
thats what Big Bazaar guarantee. With the ever increasing array of private labels, it has
opened the doors into the world of fashion and general merchandise including home
furnishings, utensils, crockery, cutlery, sports goods and much more at prices that will
surprise customer. And this is just the beginning. Big Bazaar plans to add much more to
complete customers shopping experience. Big Bazaar is not just another hypermarket. It
http://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/w/index.php?title=Kishore_Biyani&action=edithttp://en.wikipedia.org/wiki/Agrahttp://en.wikipedia.org/wiki/Ahmedabadhttp://en.wikipedia.org/wiki/Allahabadhttp://en.wikipedia.org/wiki/Ambalahttp://en.wikipedia.org/wiki/Asansolhttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Bhubaneswarhttp://en.wikipedia.org/wiki/Bhubaneswarhttp://en.wikipedia.org/wiki/Bhubaneswarhttp://en.wikipedia.org/wiki/Bhubaneswarhttp://en.wikipedia.org/wiki/Bhubaneswarhttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Palakkadhttp://en.wikipedia.org/wiki/Palakkadhttp://en.wikipedia.org/wiki/Palakkadhttp://en.wikipedia.org/wiki/Palakkadhttp://en.wikipedia.org/wiki/Palakkadhttp://en.wikipedia.org/wiki/Palakkadhttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Durgapurhttp://en.wikipedia.org/wiki/Durgapurhttp://en.wikipedia.org/wiki/Ghaziabadhttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Hyderabad_(India)http://en.wikipedia.org/wiki/Indorehttp://en.wikipedia.org/wiki/Lucknowhttp://en.wikipedia.org/wiki/Kanpurhttp://en.wikipedia.org/wiki/Kanpurhttp://en.wikipedia.org/wiki/Mangalorehttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Nagpurhttp://en.wikipedia.org/wiki/Nagpurhttp://en.wikipedia.org/wiki/Nasikhttp://en.wikipedia.org/wiki/Nasikhttp://en.wikipedia.org/wiki/Panipathttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Rajkothttp://en.wikipedia.org/wiki/Surathttp://en.wikipedia.org/wiki/Surathttp://en.wikipedia.org/wiki/Thanehttp://en.wikipedia.org/wiki/Thiruvananthapuramhttp://en.wikipedia.org/wiki/Vishakhapatnamhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Pantaloon_Grouphttp://en.wikipedia.org/wiki/Wal-Marthttp://en.wikipedia.org/w/index.php?title=Kishore_Biyani&action=edithttp://en.wikipedia.org/wiki/Agrahttp://en.wikipedia.org/wiki/Ahmedabadhttp://en.wikipedia.org/wiki/Allahabadhttp://en.wikipedia.org/wiki/Ambalahttp://en.wikipedia.org/wiki/Asansolhttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Bhubaneswarhttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Palakkadhttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Durgapurhttp://en.wikipedia.org/wiki/Ghaziabadhttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Hyderabad_(India)http://en.wikipedia.org/wiki/Indorehttp://en.wikipedia.org/wiki/Lucknowhttp://en.wikipedia.org/wiki/Kanpurhttp://en.wikipedia.org/wiki/Mangalorehttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Nagpurhttp://en.wikipedia.org/wiki/Nasikhttp://en.wikipedia.org/wiki/Panipathttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Rajkothttp://en.wikipedia.org/wiki/Surathttp://en.wikipedia.org/wiki/Thanehttp://en.wikipedia.org/wiki/Thiruvananthapuramhttp://en.wikipedia.org/wiki/Vishakhapatnam -
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caters to every need of customers family. Where Big Bazaar scores over other stores is
its value for money proposition for the Indian customers.
At Big Bazaar, customer will definitely get the best products at the best
prices thats what Big Bazaar guarantee. With the ever increasing array of private labels, it
has opened the doors into the world of fashion and general merchandise including home
furnishings, utensils, crockery, cutlery, sports goods and much more at prices that will
surprise customer.
BOARD OF DIRECTORS
Mr. Kishore Biyani, Managing Director
Mr. Gopikishan
Biyani,
Whole time Director
Mr. Rakesh Biyani, Whole time Director
Mrs. Veda Prakash
Arya,
Director
Mr. Shailesh
Haribhakti,
Independent Director
Mr. S Doreswamy, Independent Director
Dr. D O Koshy, Independent Director
Mrs. Anju Poddar, Independent Director
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Mr. Anil Harish, Independent Director
Mrs. Bala Deshpande, Independent Director
CHAPTER 3
LITERATURE SURVEY
3.1Conceptual and theoretical review
Consumer's Attitude and Retailers' Images in Creating Store Choice.
Robert Gilmore, William Margulis and Richard A. Rauch
The determinants of store choice on the part of the consumer are complex. Our study indicates
that consumers find the issues relevant to store choice as lacking in quality and certainly not
congruent nor tangential to the retail marketing concept. As our model shows, perceptions are
developed through stimuli that are created by the retail environment both internal and
external. If these were the only issues retailers had to deal with, their challenge in
understanding consumer store choice behavior would be formidable. Add to those dimensions
the perceptions that are formed through the consumer's own psychological, physiological and
behavioral attributes and the complexities of the challenge can seem to be insurmountable.
The complexity of the situation increases exponentially when, as our research seems to
indicate, the psychological and behavioral components can be compounded by such little
understood dimensions as ambivalence and vicarious sociality. There is light at the end of the
tunnel. Retailers need to benefit themselves by reaching out the broad resources of research to
effectively develop the resource information necessary to successfully position themselves
relative to their consumers expectations.
http://www.springerlink.com/content/?Author=Robert+Gilmorehttp://www.springerlink.com/content/?Author=William+Margulishttp://www.springerlink.com/content/?Author=Richard+A.+Rauchhttp://www.springerlink.com/content/?Author=Robert+Gilmorehttp://www.springerlink.com/content/?Author=William+Margulishttp://www.springerlink.com/content/?Author=Richard+A.+Rauch -
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Choosing Retail Locations for Shopping Malls in India
Store location and real estate markets are two most important areas of concern for a retailer by
the virtue of the fact that real estate is the largest fixed investment for a retailer. For a retailer,
being at the right place at the right time facilitates the development of sustainable competitive
advantage. The decline in real estates prices in the last decades has boosted the moral of the
retailers. Because of this there has also been an increase in the supply of property for retail
locations.
For every kind of a retailing format there is a series of tradeoffs to be evaluated , in the terms
of costs and value of site while selecting the locations.The location of the mall has become
one of the desire aspects of the retailing business. The location of the shopping mall spells its
success or failure. A mall in a remote area would suffer from weak sales, poor cash flow and
increased marketing and advertising expences. Whereas, put the mall in a good location and
the business will all the expection of the retailer surpassed
Apparel shopping: a focus on the attitudes of women towards shopping
Ogenyi Ejye Omar and Alan Hirst
This study evaluates women's attitude as an overall inclination towards apparel shopping. Its
findings suggest that women generally show positive attitudes towards shopping for apparel.
Women who shop for apparel are aware of some of the discouraging features of shopping, but
these features do not deter them from buying. The implication for retailers is that they should
focus on making the experience of shopping more accommodating and more user-friendly.
This is important because the positive features of shopping ('convenience', 'usefulness', 'ease
of use', and 'efficiency') appear to be more important.
Consumer Attitude Towards Loyalty Programs And Short Term Price Promotions
Lata Vijaybaskar, Retail Trainer/Consultant,
The last millennium has witnessed innovations at every stage of the supply chain,
giving rise to new models. The consumer interface, i.e. the retailing factor has undergone a
sea of change, partly due to changing consumer needs and partly due to the emergence of new
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technologies. While some of the changes have been evolutionary in nature, some others have
been category killersleading to radical change in both consumer perceptions and formats.
The ever-increasing focus on the customer will encourage all retailers to investigate the best
way to foster and retain customer loyalty. With the conventional wisdom in retailing
questioned and factors like location and prices not deemed as differentiating enough the
retailers look into more innovative methods to attract customers. The trend in marketing
toward building relationships with customers continues to grow, and marketers have become
increasingly interested in retaining customers over the long run. It is with this platform that all
retailers are vying for a share in the pie with new promotional offers every day. A question of
continuing interest to marketing researchers and practitioners is how marketing mix variables
affect consumers purchase decisions and thus the sales. With increasing competition,
increased customer preferences and better communications, promotional effects seem
predominant in determining the success of a brand.
Expanding the loyalty concept to include preference for a shopping mall
Melody L. Adkins Lehew; Brigitte Burgess; Scarlett Wesley
This paper is an initial investigation into the feasibility of customer loyalty towards an
enclosed mall. Recently, several mall development companies have established frequent
shopper programmes to enhance loyalty to their particular mall properties. The purpose of the
research is to determine if a loyal mall group exists; and if so, investigate their assessment of
mall characteristics to provide a better understanding of those attributes influencing a loyal
response. Results support the presence of loyal mall customers, and several mall attributes
influenced such loyalty.
Relationship outcomes of perceived ethical sales behavior: the customer's perspective
Sergio Romnand Salvador Ruiz
This research analyzes the role of ethical salesperson behavior as perceived by the customer
in developing a better quality relationship between the salesperson and the customer. The
results show that perceived ethical sales behavior plays a major role in affecting the quality of
the buyerseller relationship as it has a positive effect on customer satisfaction, trust and
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commitment to the salesperson. In addition, satisfaction with and trust in the salesperson
positively influence customer commitment to the salesperson. Finally, perceived ethical sales
behavior has a stronger effect on customer satisfaction with the salesperson when the
customer's attitude toward the industry in which the salesperson works is more negative than
when it is more positive. Implications and future research issues are discussed.
Experience-based aspects of shopping attitudes: The roles of norms and loyalty
Tracy Meyer, University of North Carolina Wilmington, Cameron School of Business,
Wilmington, NC 28403-5969, USA
The act of shopping does at times involve some negativity despite the best efforts of retailers.
These hassling aspects of shopping (such as long check out lines or a product out of stock) are
not critical but they can influence attitudes toward returning to the store. The theory of norms
states that normative expectations guide cognitive reactions to experiences [Kahneman, D.,
Miller, D.T., 1986. Norm theory: comparing reality to its alternatives. Psychological Review
93, 136153]. A zone of indifference (ZI) scale as originally conceptualized by Woodruff et
al. [1983. Modeling consumer satisfaction processes using experience-based norms. Journal
of Marketing Research 20, 296304] is developed to capture individual differences in
perceptions of typical discount store performance. Variations in the ZI are found to
differentially affect participants responses only when loyalty to the store is low.
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3.2 Research review
Understanding Consumer's Attitude towards Retail Store In Stock out Situations
Leela Rani, (Birla Institute of Technology and Science, BITS-Pilani, Rajasthan, India), Sanal
Kumar Velayudhan, (Administrative Staff College of India, Hyderabad, Andhra Pradesh,
India)
Emerald Group Publishing Limited
Purpose This study aims to examine empirically how consumers' attitude towards retail
stores gets affected by situational, consumer, store and product characteristic variables when
they face out-of-stock situations.
Design/methodology/approach Survey method for data collection was used. Data were
collected from a sample of 1,207 retail customers in India's unorganized retail sector across
five product categories in Varanasi, India.
Findings Results showed that six of the independent variables considered, namely, shoppingattitude of respondent, store loyalty (SL), perceived store prices, store distance, shopping
frequency, and brand loyalty (in order of importance of impact) significantly influenced
consumers' attitude towards retail store in out-of-stock.
Originality/value Since attitudes towards retail outlets are very important in determining
future SL and subsequent profitability, understanding of consumer store attitudes in negative
events like stockout is importantly for retailers. The paper provides crucial insights to retailers
by identifying independent variables that must be considered while designing their operations.
The impact of attitude strength on customer-oriented priority setting by decision-
makers: An empirical investigation
http://www.emeraldinsight.com/search.htm?ct=all&st1=Leela+Rani&fd1=aut&PHPSESSID=urvr82ar9c59lk34al3bm4co31http://www.emeraldinsight.com/search.htm?ct=all&st1=Sanal+Kumar+Velayudhan&fd1=aut&PHPSESSID=urvr82ar9c59lk34al3bm4co31http://www.emeraldinsight.com/search.htm?ct=all&st1=Sanal+Kumar+Velayudhan&fd1=aut&PHPSESSID=urvr82ar9c59lk34al3bm4co31http://www.emeraldinsight.com/search.htm?ct=all&st1=Leela+Rani&fd1=aut&PHPSESSID=urvr82ar9c59lk34al3bm4co31http://www.emeraldinsight.com/search.htm?ct=all&st1=Sanal+Kumar+Velayudhan&fd1=aut&PHPSESSID=urvr82ar9c59lk34al3bm4co31http://www.emeraldinsight.com/search.htm?ct=all&st1=Sanal+Kumar+Velayudhan&fd1=aut&PHPSESSID=urvr82ar9c59lk34al3bm4co31 -
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Marcel van Birgelen, Ko de Ruyter and Martin Wetzels
A key question in marketing decision-making pertains to what makes decision-makers focuson various types of information in different ways. Particularly in relation to a key marketing
and management variable such as customer satisfaction this is an important issue. Costly
derived customer satisfaction measures need to provide customer-oriented guidance regarding
where to priorities. Traditional research on intelligence use has mainly focused on objective
research attributes, such as research quality. In this article, however, we will adopt the idea
that decision-makers weigh information differently based on their perception of its relevance.
With respect to crucial customer satisfaction information this represents an exciting, but
nevertheless unexplored field of research. The results of latent variable modeling show that
the strength of decision-makers attitudes toward customer satisfaction leads to a
differentiated usage of satisfaction intelligence. By taking this into consideration,
management and intelligence providers will be able to more effectively disseminate customer
satisfaction information and facilitate a more customer-oriented perspective within firms.
Male grocery shoppers' attitudes and demographics.
International Journal of Retail & Distribution Management
| September 01, 1993 | Piper, William S.; Capella, Louis M.
The search for new target markets in the increasingly diverse grocery market has activated a
perspicacious consideration of the male grocery shopper (MGS) as a viable and attainable
candidate. Grocery shopping has traditionally been viewed as an activity primarily dominated
and performed by the "housewife". Marketers and grocery retailers have been slow to target
men as most purchases by males have been limited to larger ticket items (i.e. homes, cars and
insurance) and men have been slow in taking over the grocery shopping task. Changes in who
is performing the household grocery shopping task have been occurring over the past several
decades. A study by Lieberman for Campbell Soup and People Weekly Magazine has brought
the MGS into a better perspective. The Lieberman study found that 77 per cent of all men in
the United States qualified as major food purchasers. A separate study of grocery shopper
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demographics in Canada found that approximately 32 per cent of Canadian males are
involved in major grocery shopping either alone or with their spouse. This same study by
Marney also found that 80 per cent of all Canadian males report grocery shopping with 25 per
cent of the respondents indicating they are the primary food shoppers for their households.
DATA ANALYSIS AND INTERPRETATION
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TABLE NO 4.1.1
CLASSIFICATION BASED ON GENDER
Gender No of customer Percentage
MALE 81 74
FEMALE 29 26
TOTAL 110 100
CHART NO 4.1.1 CLASSIFICATION BASED ON GENDER
INFERENCE:
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From the above table we can infer that the majority of the customer i.e. 74 % are male
remaining 26% are female.
TABLE NO 4.1.2
CLASSIFICATION BASED ON AGE
Age No of customer Percentage
Below 20 7 6
Between 20-40 79 72
Between 40-60 24 22
Total 110 100
CHART NO 4.2 CLASSIFICATION BASED ON AGE
INFERENCE:
From the above table we can infer that the majority of the customers i.e. 72 % of customer are
between 20-40 years, 22 % of customer are between 40-60 years and 6 % are below 20 years.
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TABLE NO 4.1.3
CLASSIFICATION BASED ON OCCUPATION
Occupation No of customer Percentage
Student 18 16
Government employee 7 6
Professional 22 20
Private 51 46
House wife 12 11
Total 110 100
CHART NO 4.3 CLASSIFICATION BASED ON OCCUPATION
INFERENCE:
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From the above table we can infer that the majority of the customers i.e. 46 % of customer are
professional, 20 % are professional, 16 % are student, 11 % are housewife and only 6 % are
government employee.
TABLE NO 4.1.4
CLASSIFICATION BASED ON INCOME LEVEL
Income level No of customer Percentage
Below 15000 28 25
15000-30000 40 37
30000-60000 36 33
above 60000 6 5
TOTAL 110 100
CHART NO 4.4 CLASSIFICATION BASED ON INCOME LEVEL
INFERENCE:
From the above table we can infer that the majority of the customer i.e. 37 % of customers
income are between 15000-30000, 33 % of customers income are between 30000-60000 ,25
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% of customers income are between below 15000 and only 5 % of customers income are
above 60000.
TABLE NO 4.1.5
CONVENIENCE IN REACHING THE STORE
Response No of customer Percentage
Yes 103 94
No 7 6
Total 110 100
CHART NO 4.5 CONVENIENCE IN REACHING THE STORE
INFERENCE:
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From the above table we can infer that the majority of the customers i.e. 94 % are convenient
in reaching the store customer visits, only 6 % customer are not convenient in reaching the
store.
TABLE NO 4.1.6
KILOMETER THEY TRAVEL TO REACH THE STORE
Response No of customer Percentage
Less than 1 km 7 6
2 - 5 km 40 36
More than 5 63 58
Total 110 100
CHART NO 4.6 KILOMETER THEY TRAVEL TO REACH THE STORE
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INFERENCE:
From the above table we can infer that the majority of the customer i.e. 58 % travel more than
5 kilometers, 36 % of customer travel 2-5 kilometer, and only 6 % travel less than 6kilometer.
TABLE NO 4.1.7
FREQUENCY OF VISITING BIG BAZAAR
Response No of customer Percentage
Only one time 61 56
2 - 3 times 44 40
More than 3 times 5 4
Total 100 100
CHART NO 4.7 FREQUENCY OF VISITING BIG BAZAAR
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INFERENCES:
From the above chart we can infer that 56% of people visit big bazaar only once in a
month. About 40% of people visit big bazaar 2 to 3 times. 4% of people buy more than 3times in a month.
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TABLE NO 4.1.8
AWARENESS ABOUT THIS STORE
Response No of customer Percentage
News paper 47 43
Friends 38 35
Notices 19 17
Radio 6 5
Total 110 100
CHART NO 4.8 AWARENESS ABOUT THIS STORE
INFERENCE:
From the above table we can infer that the majority of the customer i.e. 43 % of customer
came to know about big bazaar through news paper, remaining 35 % of customer through
friends and remaining 17 % of customer through notices and only 5 % through radio.
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TABLE NO 4.1.9
CUSTOMER ATTITUDE ABOUT THE VARIETY OF PRODUCTS:
Variety of products No of customer Percentage
Strongly inadequate 0 0
Inadequate 1 1
Neutral 7 6
Adequate 66 61
Strongly adequate 36 33
Total 110 100
CHART NO 4.9 CUSTOMER ATTITUDE ABOUT THE VARIETY OF
PRODUCTS
INFERENCES:
From the above chart we can able to derive that 61% of people are satisfied from the
product available, then 33% of people agree that there are more no of products and then 6%
people think that the products are ok, and finally only 1% think that more product are needed
including some branded items should be kept.
TABLE NO 4.1.10
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CUSTOMER ATTITUDE ABOUT QUALITY OF PRODUCTS:
Quality of products No of customer Percentage
Very low 0 0
Low 3 2
Neutral 22 20
High 71 64
Very high 16 14
Total 112 100
CHART NO 4.10 CUSTOMER ATTITUDE ABOUT QUALITY OF
PRODUCTS
INFERENCES:
From the above chart we can able to derive that 64% people agree that they are high in
quality, then 14% of people agree that the product quality are very high, remaining 20%
people accepting the quality.
TABLE NO 4.1.11
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CUSTOMER ATTITUDE ABOUT PRICE OF PRODUCTS:
Price of products No of customer Percentage
Very low 0 0
Low 5 4
Neutral 49 45
High 51 47
Very high 5 4
Total 110 100
CHART NO 4.11 CUSTOMER ATTITUDE ABOUT PRICE OF PRODUCTS
INFERENCES:
From the above chart we can able to derive that 45% of people agree that the Price arein accepting range, then 47% people saying that the price are less, and 4% people saying that
price are very low and finally 4% people saying that the price are high.
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TABLE NO 4.1.12
CUSTOMER ATTITUDE ABOUT LAYOUT OF THE STORE:
Layout of the store No of customer Percentage
Poor 0 0
Bad 0 0
Neutral 7 6
Good 42 38
Excellent 61 56
Total 110 100
CHART NO 4.12 CUSTOMER ATTITUDE ABOUT LAYOUT OF THE
STORE
INFERENCES:
From the above chart we can able to derive that 56% of people agree that the layout of
the store is excellent, then 38% people accepting that the layout is good, then finally only 6%
in the neutral zone.
TABLE NO 4.1.13
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CUSTOMER ATTITUDE ABOUT CUSTOMER SERVICES:
Customer services No of customer Percentage
Poor 0 0
Bad 0 0
Neutral 14 13
Good 81 73
Excellent 15 14
Total 110 100
CHART NO 4.13 CUSTOMER ATTITUDE ABOUT CUSTOMER SERVICES
INFERENCES:
From the above chart we can able to derive that 73% people accepting that the customer
services is good, then, then 14% of people agree that the customer services is excellent finally
only 13% in the neutral zone.
TABLE NO 4.1.14
CUSTOMER OVERALL SATISFACTION:
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Satisfaction No of customer Percentage
Poor 0 0
Bad 0 0
Neutral 7 6
Good 81 74
Excellent 22 20
Total 110 100
CHART NO 4.14 CUSTOMER OVERALL SATISFACTION:
INFERENCES:
From the above chart we can able to derive that 74% people accepting that the overall
satisfaction is good, then 20% of people agree that the overall satisfaction is excellent, then
finally only 6% in the neutral zone.
TABLE NO 4.1.15
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BASED ON WILLINGNESS TO BUY FROM US AGAIN
Loyalty No of customer Percentage
Not at all 0 0
Some times 0 0
Neutral 5 4
Frequently 77 70
Very frequently 28 26
Total 110 100
CHART NO 4.15 BASED ON WILLINGNESS TO BUY FROM US AGAIN
INFERENCE:
From the above table we can infer that the majority of the customer i.e. 70 % of
customer frequently purchase from big bazaar, remaining 27 % will purchase from big bazaar
very frequently and remaining 4% in the neutral zone.
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TABLE NO 4.1.16
WILL YOU RECOMMEND BIG BAZAAR TO OTHERS
Recommendation No of customer Percentage
Strongly disagree 0 0
Disagree 0 0
Neutral 13 12
Agree 72 65
Strongly agree 25 23
Total 110 100
CHART NO 4.16 WILL YOU RECOMMEND BIG BAZAAR TO OTHERS
INFERENCE:
From the above table we can infer that the majority of the customers i.e. 65 % of
customer agree to recommend big bazaar to others, remaining 23 % strongly agree to
recommend big bazaar to others and remaining 12 % in the neutral zone.
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ANALYSIS PART -2
CORRELATION ANALYSIS:
TABLE NO 4.2.1
The correlation between quality of products and satisfaction of the customer
QUALITY SATISFACTION
QUALITY Pearson Correlation 1 .402**
Sig. (2-tailed) .000
N 109 109
SATISFACTION Pearson Correlation .402** 1
Sig. (2-tailed) .000
N 109 109
Inference:
Correlation describes about the performance or whether the variables are related or
not. The result may be from +1 to -1. From the result above we can conclude that the
variables quality and satisfaction of customer are generally in positive value. So they are
positively correlated.
TABLE NO 4.2.2
The correlation between quality of products and satisfaction of the customer
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PRODUCT SATISFACTION
PRODUCT Pearson Correlation 1 .226*
Sig. (2-tailed) .018
N 110 109
SATISFACTION Pearson Correlation .226* 1
Sig. (2-tailed) .018
N 109 109
Inference:
Correlation describes about the performance or whether the variables are related or
not. The result may be from +1 to -1. From the result above we can conclude that the
variables variety of products and satisfaction of customer are generally in positive value. So
they are positively correlated.
TABLE NO 4.2.3
The correlation between layout of the store and satisfaction of the customer
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LAYOUT SATISFACTION
LAYOUT Pearson Correlation 1 .207*
Sig. (2-tailed) .030
N 110 109
SATISFACTION Pearson Correlation .207* 1
Sig. (2-tailed) .030
N 109 109
Inference:
Correlation describes about the performance or whether the variables are related or
not. The result may be from +1 to -1. From the result above we can conclude that the
variables layout of the store and satisfaction of customer are generally in positive value. So
they are positively correlated.
TABLE NO 4.2.4
The correlation between customer service and satisfaction of the customer
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SERVICES SATISFACTION
SERVICES Pearson Correlation 1 .182
Sig. (2-tailed) .058
N 110 109
SATISFACTION Pearson Correlation .182 1
Sig. (2-tailed) .058
N 109 109
Inference:
Correlation describes about the performance or whether the variables are related or
not. The result may be from +1 to -1. From the result above we can conclude that the
variables customer services and satisfaction of customer are generally in positive value. So
they are positively correlated.
TABLE NO 4.2.5
The correlation between price of the products and satisfaction of the customer
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PRICE SATISFACTION
PRICE Pearson Correlation 1 .133
Sig. (2-tailed) .168
N 110 109
SATISFACTION Pearson Correlation .133 1
Sig. (2-tailed) .168
N 109 109
Inference:
Correlation describes about the performance or whether the variables are related or
not. The result may be from +1 to -1. From the result above we can conclude that the
variables price of the products and satisfaction of customer are generally in positive value. So
they are positively correlated.
ANALYSIS PART-3
REGRESION ANALYSIS:
Table 4.3.1
Analysis between satisfaction and variables such as Quality, Price
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Model Unstandardized Coefficients
Standardized
Coefficients
B Std. Error Beta
(Constant) 2.388 .369
QUALITY .330 .075 .394
PRICE .079 .071 .099
Inference:
From the above regression beta value we can conclude that quality plays a very
important role to satisfaction compare to price for the satisfaction. Comparing both
standardized and Unstandardized Coefficients we can conclude that quality is very important
compare to price for satisfy the customers.
Table 4.3.2
Analysis between satisfaction and variables such as variety of products, layout of the store
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Model
Unstandardized Coefficients
Standardized
Coefficients
B Std. Error Beta
(Constant) 2.524 .463
PRODUCT .175 .081 .201
LAYOUT .154 .081 .180
Inference:
From the above regression beta value we can conclude that layout of the store plays a
very important role to satisfaction compare to variety of products for the satisfaction.
Comparing both Standardized and Unstandardized Coefficients we can conclude that layout
of the store is very important compare to variety of products for satisfy the customers.
Table 4.3.3
Analysis between satisfaction and variables such as Quality, Price, variety of products, layout
of the store.
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Model Unstandardized Coefficients
Standardized
Coefficients
B Std. Error Beta
(Constant) 1.810 .487
QUALITY .298 .078 .355
PRICE .048 .075 .060
PRODUCT .062 .085 .071
LAYOUT .124 .077 .144
Inference:
From the above regression beta value we can conclude that quality plays a very
important role to satisfaction compare to price, layout of the store, variety of products for the
satisfaction. Comparing both Standardized and Unstandardized Coefficients we can conclude
that quality is very important compare to price, layout of the store, variety of products for
satisfy the customers.
Table 4.3.4
Analysis between satisfaction and variables such as Quality, Price, variety of products, layout
of the store, customer service.
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Model Unstandardized Coefficients
Standardized
Coefficients
B Std. Error Beta
(Constant) 1.702 .527
QUALITY .291 .080 .346
PRICE .045 .075 .055
PRODUCT .052 .087 .060
LAYOUT .123 .077 .143
SERVICES .049 .090 .052
Inference:
From the above regression beta value we can conclude that quality plays a very
important role to satisfaction compare to price, layout of the store, variety of products,
services for the satisfaction. Comparing both Standardized and Unstandardized Coefficients
we can conclude that quality is very important compare to price, layout of the store, variety of
products, services for satisfy the customers.
CHAPTER 5
RESULTS, DISCUSSIONS AND CONCLUSION
5.1 FINDINGS:
The majority of the customer i.e. 74 % are male remaining 26% are female.
72 % of customer are between 20-40 years, 22 % of customer are between 40-60 years
and 6 % are below 20 years.
46 % of customer are professional, 20 % are professional, 16 % are student, 11 % are
housewife and only 6 % are government employee.
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37 % of customers income are between 15000-30000, 33 % of customers income are
between 30000-60000 ,25 % of customers income are between below 15000 and only
5 % of customers income are above 60000.
94 % are convenient in reaching the store customer visits, only 6 % customer are not
convenient in reaching the store.
58 % of customer travel more than 5 kilometers, 36 % of customer travel 2-5
kilometer, and only 6 % travel less than 6 kilometer.
56% of people visit big bazaar only once in a month. About 40% of people visit big
bazaar 2 to 3 times. 4% of people buy more than 3 times in a month.
43 % of customer came to know about big bazaar through news paper, remaining 35
% of customer through friends and remaining 17 % of customer through notices and
only 5 % through radio.
61% of people are satisfied from the product available, then 33% of people agree that
there are more no of products and then 6% people think that the products are ok, and
finally only 1% think that more product are needed
64% people agree that products are high in quality, then 14% of people agree that the
product quality are very high, remaining 20% people accepting the quality.
45% of people agree that the Price are in accepting range, then 47% people saying
that the price are less, and 4% people saying that price are very low and finally 4%
people saying that the price are high.
56% of people agree that the layout of the store is excellent, then 38% people
accepting that the layout is good, then finally only 6% in the neutral zone.
73% people accepting that the customer services is good, then, then 14% of people
agree that the customer services is excellent finally only 13% in the neutral zone.
74% people accepting that the overall satisfaction is good, then 20% of people agree
that the overall satisfaction is excellent, then finally only 6% in the neutral zone.
. 70 % of customer frequently purchase from big bazaar, remaining 27 % will
purchase from big bazaar very frequently and remaining 4% in the neutral zone.
. 65 % of customer agree to recommend big bazaar to others, remaining 23 % strongly
agree to recommend big bazaar to others and remaining 12 % in the neutral zone.
From the correlation analysis we can conclude that
Quality and satisfaction of customer are generally in positive value
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Variety of products and satisfaction of customer are generally in positive value
Layout of the store and satisfaction of customer are generally in positive value
Customer services and satisfaction of customer are generally in positive value
Price of the products and satisfaction of customer are generally in positive value
From the regression beta value shows that quality plays a very important role to
satisfaction compare to price, layout of the store, variety of products, services for the
satisfaction
5.2 SUGGESTIONS & RECOMMENDATIONS
Mostly high class people come to big bazaar and therefore try to attract high income
people.
Most of the people come for discounts & offers, therefore increase the number of
discount offers.
People have a good perception on Price, Quality, Variety & Availability of products.
Lets increase the brand items in the company.
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The customer service was not up to the mark according to the survey.
Even though most of them gave a unsatisfied certificate for the Price ratings in Big
bazaar, some criticized it to be higher than other shops.
The home & kitchen appliances and Electronic goods were highly dominated by
saravana stores and other stores in t-nagar, which has already created a huge impact in
the minds of people.
Apparels and dress material could be promoted with even more discounts and offers;
thereby people would be attracted.
Even though other sections have lots of competitions against Big bazaar, the Groceries
& Beverages section have no competitions for Big bazaar, Therefore a landmark on
this section can be approved easily if tried something new and which could be easily
accessed by the people.
People feel that Big bazaar in express avenue is easily accessible and it is near to the
residential areas.
Since Big bazaar have a good brand image, its accessory brand products can be easily
promoted if they are advertised vigorously.
People are very specific on the branded items in Apparels and Electronics section, so
there is need to put forward a particular brand for the customers.
The customers attributes towards big bazaar is mostly modern and stylish. Therefore
future would be in the hands of the present marketers and the strategies adopted by
them in a futuristic manner.
CONCLUSIONS:
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Variety : Big Bazaar offers a wide variety of products of different prices and different
qualities satisfying most of its customers.
Quality : Providing quality at low prices and having different types of products for
different income customers is another advantage. As Big bazaar aims more toward the
middle income group, the quality of goods is not of the highest quality, and this is
sometimes a disadvantage as some would prefer better quality to the price, making
customers to search for different places.
Price : As noted the prices and offers in Big Bazaar have been one of the reason for the
dissatisfaction. The price ranges and the products offered are to be low to satisfy the
customers.
Location : The location of Big Bazaar has been mainly in the heart of the city or in the
out skirts giving a chance to both the City and the people living outside the city to
shop.
Middle class appeal : Considering the fact that there are a lot middle class families in
India, Big bazaar has had a huge impact on the middle class section of India, the
prices, quality and sales strategy has helped in getting the middle income groups
getting attracted towards Big Bazaar.
Attractive sales : Big bazaar has been known for its great sale and great offers. Big
bazaar has had long lines of people waiting to get into the store for the sale. Therefore,
the sales that Big Bazaar has had has increased sales in a huge way due to the sales
and offers, thus this has been one of the main advantages of Big Bazaar.
Store layout : The store layout and the assortment of goods is best at Big Bazaar, as the
quantity of goods sold is more the arrangement and assortment of goods in the store is
the greatest.
Not acclaimed for very good service : Big Bazaar is not known for high class service.The staff recruited is not very well trained and the billing queues take a long time to
move, this irritates customers which makes them visit the store more seldom
Consumer Satisfaction : Long queues and lower quality leads to dissatisfaction of
customers. Due to factors mentioned above Big Bazaar shoppers are not always
satisfied, this is not a positive for the store.
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Big Bazaar, a part of the Future Group, is a hypermarket offering a huge array
of goods of good quality for all at affordable prices. Big Bazaar with over 140
outlets in different parts of India is present in both the metro cities as well as in
the small towns.
The customer get all kind of products in the Big Bazaar, i.e. they are following
good merchandising mix, but in some section like apparels they have to keep
different brands in order to attract more customer.
Big Bazaar can attract more customers by increasing the product variety,
product assortment.
They can improve their customer satisfaction level, by providing better service
like home delivery etc.
We conclude that Big Bazaar has attracting more number with their product
variety and they also improve the satisfaction level of the customer.
To improve the store environment and product verity, good merchandising mix
inside the big bazaar, to attract the customer, its helps to increase the sales, to improve
the good relationship between the employee and consumer, to provide the good
service to the customer and in the apparels section to increase the branded goods its
also increase the sales.
ABSTRACT
Indian retail sector is witnessing one of the most hectic Marketing activities of all
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times. The companies are fighting to win the hearts of customer who is God said by the
business tycoons. There is always a first mover advantage in an upcoming sector. In
India, that advantage goes to BIG BAZAAR. It has brought about many changes in the
buying habits of people. It has created formats, which provide all items under one roof at
low rates, or so it claims. In this project, we will study its attitude of the customer towards
the store.
Customer attitude is an important issue, particularly those in retail store like big bazaar.
However, it appears that achieving customer positive attitude is often the end goal, as
evidenced by the emphasis on customer attitude surveys. The main assumption that positive
attitude customers are satisfied, loyal customers and thus high levels of satisfaction will lead
to increased sales. As a result of this assumption, customer attitude surveys are often used as a
proxy for satisfaction, loyalty and other outcomes. A sample of 150 samples was surveyed on
their attitude and satisfaction of customers.
The Research titled A Study on shoppers attitude towards big bazaar in Express
Avenue help us to understand what the customers attitude about the variety of products,
quality, price, customer service, retail layout design during the purchase process in Big
Bazaar. The study helps to analyze whether the factors is at best or need improvements
thereby makes the customer to easily make the purchase.
The study also helps the Top management to effectively retain the customers by providing
a best one which is convenient for the customers.
The research was carried out as per the steps of Marketing Research. The well
supportive objectives were set for the study. To meet the objectives primary research was
undertaken. The data collection approach adopted was experimental research & survey
research. The instrument used for the data collection was observation & questionnaire.
The target respondents were the visitors of BIG BAZAAR, with the sample size of 110 for