CRM Pantaloon
CRM Pantaloon
CRM Pantaloon
Dr.AKSHAT DUBEY
ITS-IM
SUBMITTED BY
SANJAY KUMAR
MISHRA
1
ROLL NO-11101
PREFACE
Following report is the outcome of my summer training, which I undertook in
Pantaloons Retail India Ltd.
The basic objective of my training was to find out the ways, how to increase
the contribution of green card members in the current sale of the store and to
learn how the other departments are performing their work.
In order to find out the customers taste & their satisfaction level from the
Pantaloons, I conducted a survey in the Pantaloons Store,
Noida.
It might be possible that the conclusion drawn from the study might not reflect
the actual situation regarding the project, but it gives a fair idea regarding the
current trend.
The outcome of the study attempts to throw some light on the current state of
consumer mind, taste and preference regarding the brands and product
available in the store.
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ACKNOWLEDGEMENT
I take this opportunity to thanks all those people that helped me and guided
me during my summer training.
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Declaration 05
Industry Profile 06
Future Group Profile 15
Company Profile 23
About company 23
Financial Status 29
Customer Relation Management 32
About Green Card 35
Objectives 40
Research Methodology 41
SWOT Analysis of Pantaloons 45
Analysis & Interpretation 47
Conclusion 60
Recommendation 62
Limitations 63
Appendix 65
Bibliography 66
Questionnaire 67
Major Milestones of Future Group 69
Sector wise key players in organized retailing
in India 70
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Organized Vs Traditional Retailing 71
DECLARATION
INDIA LTD. during May-June 2010, and has not been submitted
Sanjay Kumar
Mishra
RETAILING
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R etailing includes all the activities involved in selling goods and
India's largest industry, the retail sector is valued at $200 billion accounting
for over 10 per cent of the country's GDP and around eight per cent of the
country's employment. It has emerged as one of the most dynamic industries
with several players entering the market. Retail industry in India is at the
crossroads. One of the major factors playing a role is income – Increase in
Disposable incomes of customers across various sectors.
LEVELS OF SERVICES:
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Self-service is the cornerstone of all discount operations. Many customers
are willing to carry out their own locate-compare-select process to save
money.
SELF-SELECTION:
Customers find their own goods, although they can ask for assistance.
LIMITED SERVICE:
These retailers carry more shopping goods, and customers need more
information and assistance. The store also offer services such as credit and
merchandise return privileges.
FULL SERVICE:
Sales people are ready to assist in every phase of the locate-compare-select
process.
SPECIALTY STORE:
A clothing store would be a single line store; a men’s clothing store would be
a limited line store. Example: The Body Shop.
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DEPARTMENT STORE:
Several product lines- Clothing, home furnishing & household goods, with
each line operated as a separate department managed by specialist. Example:
Big Bazaar.
SUPER MARKET:
Relatively large, low cost, low margin, high volume, self service operation
design to serve total needs for food, laundry, and household goods.
CONVENIENCE STORE:
Relatively small store located at near residential area, open long hours, seven
days a week and caring a limited line of high turnover convenience products
at slightly higher prices, plus takeout sandwiches, coffee, soft drinks.
DISCOUNT STORE:
Standard merchandise sold at lower prices with lower margin and higher
volumes. Discount retailing has moved into specialty merchandise store such
as discount sporting goods stores, electronic stores and book store. Example:
Wal-Mart.
SUPER STORE:
About 35000 sq.ft. of selling space aimed at meeting consumers’ total need for
routinely purchased food and non food items, plus services such as laundry,
dry cleaning, shoe repair, check clearing and bill paying.
HYPER MARKETS:
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Range between 80000 to 220000 sq. ft. area and combined super market,
discount and warehouse retailing. They feature bulk display and minimum
handling by store personnel, with discounts for customers who are willing to
carry heavy appliances and furniture out of the store.
CATALOG SHOWROOM:
Selection of high-markup, fast moving, brand name goods at discount prices.
Customers order goods from a catalog, then pick these goods up at a
merchandise pickup area in the store.
FRANCHISE ORGANIZATION:
Contractual association between a franchiser and franchisees. Franchising has
been prominent in dozens of product and services areas. Examples:
McDonald’s, Pizza hut.
MERCHANDISING CONGLOMERATE:
A free from corporation that combines several diversified retailing lines and
forms under central ownership, along with some integration of distribution
and management. Example: Baskin-Robbins.
Retail in India
India's largest industry, the retail sector is valued at $200 billion accounting
for over 10 per cent of the country's GDP and around eight per cent of the
country's employment. It has emerged as one of the most dynamic industries
with several players entering the market. Retail industry in India is at the
crossroads. It has emerged as one of the most dynamic and fast paced
industries with several players entering the market. But because of the heavy
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initial investments required, break even is difficult to achieve and many of
these players have not tasted success so far. However, the future is promising;
the market is growing, government policies are becoming more favorable and
emerging technologies are facilitating operations.
Retailing in India is gradually inching its way towards becoming the next
boom industry owing to a steady increase in the disposable incomes of the
middle class households. The whole concept of shopping has altered in terms
of format and consumer buying behavior, ushering in a retail revolution.
Modern retail has entered India as seen in sprawling shopping centers, multi-
storied malls and huge complexes offer shopping, entertainment and food all
under one roof. The key growth drivers of the organized retail industry in
India are:-
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Real estate prices – The consistent rise in the prices of real
estate.
ABOUT RETAILING
In the list of Fortune 500 companies 10% or 50 are Retail Organizations -
Wal-Mart (The Retail Giant) is the first among the fortune 500 companies.
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Agriculture.
The total domestic retail market was estimated around Rs.9,300 billion in
2003-04 and the annual growth rate is around 4 to 6 per cent.
Price Water House Coopers (PWC) had estimated India among the six
most attractive destinations in retailing alongside China, Turkey, Thailand,
Malaysia and Hungary.
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Big business houses in India like Reliance, Godrej, Mahendras, Wadia,
Tata, Hero and Malhotras are now looking at retail sector.
Reliance India is entering into the sector in a big way with an investment
of Rs.25,000 crores and an estimated employment generation of around 10
lakh.
The international players who have already entered into retailing business
in India include McDonald's, Pizza Hut, Dominos, Levis, Lee, Nike, Adidas,
TGIF, Benetton, Sony, Sharp, Kodak, the Medicine Shoppe &Wal-Mart.
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2001-02 2008
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FUTURE GROUP
Apart from Pantaloon Retail, the group’s presence in the retail space is
complemented by group companies, Indus League Clothing, which owns
leading apparel brands like Indigo Nation, Scullers and Urban Yoga, and
Galaxy Entertainment Limited that operates Bowling Co, Sports Bar, F123
and Brew Bar.
The group’s joint venture partners include French retailer ETAM group, US-
based stationary products retailer, Staples and UK-based Lee Cooper. Group
Company, Planet Retail, owns and operates the franchisee of international
brands like Marks & Spencer, Next, Debenhams and Guess in India. The
group’s Indian joint venture partners include, Maniple Healthcare,
Talwalkar’s, Blue Foods and Liberty Shoes.
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currently developing over 50 malls and consumption centers across the
country and has formed a joint venture company focusing on mall
management with Singapore-based Capital and, one of Asia’s largest property
companies.
GROUP VISION
Future Group shall deliver Everything, Everywhere, Every time for Every
Indian Consumer in the most profitable manner.
GROUP MISSION
We share the vision and belief that our customers and stakeholders shall
be served only by creating and executing future scenarios in the
consumption space leading to economic development.
We will be the trendsetters in evolving delivery formats, creating retail
realty, making consumption affordable for all customer segments – for
classes and for masses.
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We shall ensure that our positive attitude, sincerity, humility and united
determination shall be the driving force to make us successful.
CORE VALUE
AFFILIATED COMPANIES
PARTNER COMPANIES
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home improvement and consumer electronics-retailing segment. It caters
to home management requirements and products, including furnishings
and textiles, furniture, consumer electronics, home electronics and home
services. It operates retail formats like Home Town, Furniture Bazaar,
Collection I, E-Zone, Electronics Bazaar and Got It.
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operates sports, lifestyle and leisure retail chain. It also owns the franchisee
and distribution rights of brands like Marks & Spencer, Guess, Debenhams
and Puma in India.
1. E-Tailing
2. Foods
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3. Fashion
4. Home & Electronics
5. General Merchandise
6. Telecom & IT
7. Leisure & Entertainment
8. Wellness & Beauty
9. Book & Music
E tailing
Foods
Fashion
Home & Electronics
General Merchandise
Telecom & IT
Leisure &
Merchandise
entertainment
Wellness &
Beauty
Book & Music
E-Tailing
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Futurebazaar.com
Futurebazaar.com offers the widest range of products at ‘lowest
prices – everyday!’
Having pioneered the retailing business in India, PRIL has now decided to
revolutionize the consumer e-commerce business in India. It intends to
provide customers with a streamlined, efficient and world class personalized
shopping experience, which will be supported with the best technology
platform.
We are proud to inform you that Future Bazaar has been named as
the Best Indian Website 2007 in the Shopping category by PC World.
Future Bazaar won the top spot after beating other established players like
Rediff, India times, Sify, eBay, India plaza, Chennai Bazaar and India Mall.
The award was presented to Future Bazaar for its "decent, no-nonsense
approach, while providing a good shopping experience".
2. Foods
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3-Fashion
5. General Merchandise
a) Bowling,
b) F 123
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a) Health Village,
b) Star Sitara,
c) Tulsi, d) Turmeric
COMPANY PROFILE
operates multiple retail formats in both the value and lifestyle segment of the
Indian consumer marker. Headquartered in Mumbai (Bombay), the company
operates over 5 million square feet of retail space, has over 350 stores across
40 cities in India and employs over 18,000 people.
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Bazaar and Star and Sitara. The company also operates an online portal,
futurebazaar.com.
PANTALOON CULTURE
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Young in spirit, adventurous in action, with an average age of 27 years, our
skilled & qualified professionals work in an environment where change is the
only constant.
At Pantaloons you will work with some of the brightest people from
different spheres of industry. We believe it’s a place where you can live your
dreams and pursue a career that reflects your skills and passions.
Over the years, the company has accelerated growth through its ability to lead
change. A number of its pioneering concepts have now emerged as industry
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standards. For instance, the company integrated backwards into garment
manufacturing even as it expanded its retail presence at the front end, well
before any other Indian retail company attempted this. It was the first to
introduce the concept of the retail departmental store for the entire family
through Pantaloons in 1997. The company was the first to launch a
hypermarket in India with Big Bazaar, a large discount store that it
commissioned in Kolkata in October 2001. And the company introduced the
country to the Food Bazaar, a unique 'bazaar' within a hypermarket, which
was launched in July 2002 in Mumbai. Embracing our leadership value, the
company launched all in July 2005 in Mumbai, making us the first retailer in
India to open a fashion store for plus size men and women.
Come enter a world where we promise you good days and bad days, but
never a dull moment!
Men’s Wear:
The Men's department has been further classified into Formal Wear and
Casual Wear. In the formal wear section they have brands like John Miller
shirts, pantaloons brand of trousers. In the casual wear section they have
Pantaloons Cotton Trousers, Bare Casual Shirts and bare brand of
jeans. All these brand are exclusively available at Pantaloons Stores.
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The pricing has also been done taking into consideration the various segments
of our customers.
Ladies Wear:
The Ladies Department has been further sub divided into Western Wear and
Ethnic Wear. The Ladies western wear consists of ladies formal wear, skirts
and tops, capris and jeans while the ethnic wear consists of an exclusive
collection of Salwar Kameez and Mix'N'Match. They also have a variety of
ladies lingerie.
Kids Wear:
The Kids Department has an interesting range of garments for both Girls and
Boys. They have a variety of T-shirts, Shirts, Jeans, Cargos, and Trousers for
kids.
Accessories:
In the Accessories department Pantaloons has a classic collection of
John Miller ties, Belts, Sleep suits, Caps and Hankies.
Jewellery:
Pantaloons has a variety of jewellery in both gold and imitation
jewellery. Pantaloons is the exclusive retailer of Cygnus, Nirvana
& Ishis brands of jewellery in the Pantaloons store, Noida. They also
have the Ola brand of silver jewellery in the imitation jewellery category.
Cosmetics:
Pantaloons have almost all the major brands present in their store. They
have a range of products in L’Oreal, Revlon, Maybelline, Maxfactor, Chambor
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in cosmetic and CK, Nina Ricci, Davidoff, Bvlgary, Dior, Hugo Boss, Azzaro
and Versace brands in perfumes and deodorants.
FINANCIAL STATUS
Sales
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The company’s sale has increased from Rs.85,148.85 Lacs to
Operating Profit
Interest
Net Profit
Net profit of the company for the year under review stood at
Rs.6,415.75 Lacs as compared to Rs.3,855.10 Lacs in the
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previous year, an increase of Rs.2,560.64 Lacs. The net profit has
Dividend
The company has proposed the dividend of 25% for the current year
amounting to Rs.766.38 Lacs. (Including corporate dividend tax)
Capital employed
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CUSTOMER RELATIONSHIP
MANAGEMENT
Introduction
We have been hearing a lot about CRM aka Customer Relationship
Management in almost all we come across in our day to day life. Whether it
is Newspaper, Outdoor Hoardings or Mailers we receive from hundreds of
places etc. What exactly does this connote to a layman? The simple answer to
it is a way of differentiation between customers to provide greater value to
more valuable customers. The meaning of more valuable would be in terms
of the monetary spending received from the customer along with regency and
frequency of visit.
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Every retailer today is aiming at an attempt to make a casual customer into a
loyal customer who develops a bond with the retail store he/she visits.
Customer relationship management as a transactional exchange helps the
marketer to understand the customer's sentiments and buying habits so that
the customer can be provided with products and services before he starts
demanding them.
Role of CRM
Expectations of customer is increasing, he asks for more and more value for
the same price, and whoever provides him increasing value for money, he
buys products from that marketer. Every retailer today is aiming at an attempt
to make a casual customer into a loyal customer who develops a bond with
the retail store he/she visits.
The entire concept of CRM today has also evolved over a period of time.
Customer relationship management is ahead of the transactional exchange
and facilitates the marketer to understand the customer's sentiments and
buying habits so that the customer can be provided with products and services
before he starts demanding. This is possible through the integration of four
important components i.e. people, process, technology and data.
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Today the term CRM has become a buzzword in the Indian Retail world.
There are a host of reasons which can be attributed to the changing consumer
paradigm and the role played by the organized retailers in making CRM a
happening phenomenon. Every retailer in India today is looking at some or
the other form of CRM or its prime constituent loyalty based programme.
In the retail milieu, where generating and retaining footfalls is the greatest
impediment to success, the challenge lies in constantly innovating methods of
attracting new customers and keeping there interests alive. Loyalty
programmers as part of CRM based activity are one of the ways of
overcoming this challenge.
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Examples:
Today these and similar kinds of programmer are being run all across India
by local as well as national retailers. Let's understand the kind of CRM
programme offered by the Pantaloons having a national presence to
lure its customers:
Pantaloons
Known as the Green Card it is divided hierarchically into one star, three star, five star and
seven star. Criteria for star generation are:
On Purchase of Rs.2500/-
1 Star Members
Gift Voucher worth Rs. 150 on
enrolment
On Purchase of Rs.7500/-
3 Star Members
5% discount on every purchase
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On Purchase of Rs.15000/-
5 Star Members
An exclusive 7.5% discount on
every purchase
On Purchase of Rs.40000/-
7 Star Members
A whopping 10% discount on every
purchase
Green Card is just like passport to a whole new world of exclusive benefits
and privileges.
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Apparel, perfumes & cosmetics, toys, Blue-sky, aLL, Depot, Planet Sports &
accessories. Valid on categories within Pantaloons only.
Also valid at standalone, Blue sky and aLL stores.
Shop at Pantaloons and total purchase (including that day) in the previous 12
months totals to the criteria value of the next tier, you upgrade to the next
status.
Membership-Validity
1 Star card is valid for a period of 2 years from the date of enrolment.
3, 5 and 7 star cards are valid for a period of one year from the date of
upgrade.
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Membership Renewal
Purchase worth Rs. 7500 within 2 years of card issue date and retain a
1 star status
Purchase worth Rs. 7500 within 1 year of card issue date and retain a
3 star status
Purchase worth Rs. 15000 within 1 year of card issue date and retain a
5 star status
Purchase worth Rs. 40000 within 1 year of card issue date and retain a 7 star
status
Green Card benefits can now be shared with members of Green card
members’ family. Family of Green card members also be entitled to direct
discount and other privileges that we have to offer. A 1 and 3 star member is
entitled to have 1 add-on card. However a 5 and 7 star member is entitled to
have 2 add-on cards.
Green-Days
Exclusive Green Card shopping day gives a preview of End Of Season Sale,
so that Green card members are first to get hold of the latest merchandise.
Green-Channel
Our special billing counter is open to all Green Card members during End of
Season sale. Now Green card members can avoid the rush at the regular
billing counter.
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Green-Offers Promotions
These are exclusive shopping offers sent to Green card members on a regular
basis. Flash Green Card and claim the special offers and promotions. At
times, offers open to all customers are further enhanced for our esteemed
Green Card members.
Green-Service-Desk
For all queries, information and services, contact the Green Service Desk at
any Pantaloon Store.
Green-Exchange
Now Green card members can exchange their products within 60 days of
purchase. (90 days for Seven Star members)
Green-Drop
Busy schedule of Green card members may not permit them to collect their
alterations or purchases. Green card members can ask for the Green Drop
Service and purchases will be home-delivered to them. This service is
exclusively available to the 7 star members all round the year and also to the
5 star members except for end of season sale period.
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Birthday and Anniversary Greetings
To make the Green card members feel special the stores send greetings and
special customized offers to Green card members.
Green card members are sent passes of movie shows from time to time by
Pantaloon store.
The Advanced Learner’s dictionary of Current English lays down the meaning
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To know the pre purchase behaviour of customers.
RESEARCH METHODOLOGY
Application of scientific procedures the main aim of research is to find out the
truth which is hidden and which has not been discovered as yet. Marketing
research is the careful analysis of a business situation by scientifically
analyzing it and using various statistical applications to the subject of study.
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Questions in the questionnaire, which could have raised misconception and
promoted non-cooperation on their part.
RESEARCH INSTRUMENT
The research instruments generally used to collect primary data are
questionnaires and mechanical instrument. Some of these are;
Questionnaire:-
Sampling:-
Sample unit:-
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The portion of the population that researcher need to target and that represent
the entire population is known as a sample unit. So I am targeting the those
customers who shop regular and visit store regularly.
Sample size:-
Collection of data:-
In dealing with customers it is often found that data, at hand are inadequate,
and hence it became necessary to collect data that are appropriate and
adequate. There are two way of collecting the appropriate data:-
1. By observation:
2. Personal interview:
Secondary data:
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Secondary data is collected from the company internal and external resources.
While the internal resources include the company literature, sales report,
broachers, pamphlets etc. and the external sources could be included
magazines, newspaper etc.
Research type:-
Sampling method:-
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SWOT ANALYSIS OF PANTALOONS
Competitors
Pantaloons have wider range of have widest range of
products with better quality and the product.
price.
STRENGTHS WEAKNESSES
Long exchange process, which
Creativity in design and always waste the time of customers.
known for fresh fashion.
Lack of work force
Pantaloon has ability to supply
according to the demand of Communication Gap between
customers. employee and customers.
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OPPURTUNITY THREAT
45
46
WHICH TYPE OF CLOTHES YOU LIKE
MOST?
I have taken this question to know the taste of customers. There are three
options in this question i.e. Casual, Formal and Ethnic.
PREFERENCE OF CUSTOMER
13%
23%
64%
I have taken the sample of 100 people, in which 64 people like to wear
casual, 23 people like to wear formal and 13 people like ethnic. By this, I got
that most of people like to purchase Casuals.
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ARE YOU SATISFIED WITH THE SERVICES
PROVIDED BY THE PANTALOONS?
I have taken this question to know the satisfaction level of the customer with
the services provided by the Pantaloons. In this question I tried to define the
satisfaction level through the point 1-10, where 1 stands for people who are
unsatisfied, 5 stands for neutral satisfaction level, where as 10 reflects for
highly satisfied person.
by the services In this question there are only 3 people out of 100, who are
not satisfied with the services provided by the Pantaloon, 32 people has the
low or neutral level of satisfaction where as 47 people has high level of
satisfaction and 18 people has highest level of satisfaction. By that, I come to
know that the level of satisfaction is very high.
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ARE YOU SATISFIED WITH THE BRAND
AVAILABLE IN THE STORE?
I have taken this question, to know the satisfaction level of customers with
the brands available in store. In this question I tried to define the satisfaction
level through the point 1-10, where 1 stands for people who are unsatisfied, 5
stands for neutral satisfaction level, where as 10 reflects for highly satisfied
person.
In this question there are only 4 people out of 100, who are not satisfied with
the brands available in the Pantaloon, 22 people has the low or
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store, like, Allen Solly, Black Berry, Code, Biba, Ritu Wears, Spykar in ladies
section and Code and Kappa in men section
I have taken this question, to know the satisfaction level of customers with
the variety available in each brand. In this question I tried to define the
satisfaction level through the point 1-10, where 1 stands for people who are
unsatisfied, 5 stands for neutral satisfaction level, where as 10 reflects for
highly satisfied person.
In this question there are only 7 people out of 100, who are not satisfied with
the variety available in each brand, 28 people has the low or neutral level of
satisfaction where as 62 people has high level of satisfaction and 3 people has
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highest level of satisfaction. By that, I come to know that the level of
satisfaction is high.
I have taken this question to know the satisfaction level of customers with
prices of products. This question has two options YES/NO. In response of
this question I got that there are only 14% people are not satisfied with the
price and rest 86% are satisfied.
For any company it’s very important to satisfy their customer on price tag, to
convert 14% people into Yes category, store should include more variety in
each brand with low price.
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I have taken this question to know the section which is preferred by most of
the customers in respect of prices, quality & variety. This question has four
options, Men, Women, Kids, General Merchandise.
In response of this question I got 42 people out of 100 prefer or like Women
section, 35 people like men section, 14 people like kids section and 9 people
like general merchandise. So the most preferred section by customers is
Women section.
I have taken this question to know the shopping habit of the people, how
frequent they shop. This question has four options, Daily, Weekly, Monthly,
Biannually.
In response of this question I got 6 people out of 100 shops daily from the
stores, 29 people shop weekly, 58 people shop once in a month and 7 people
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shop biannually. So by this question I got maximum number of people shop
once in a month.
FREQUENCY OF SHOPPING
58%
60
50 29%
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NO. OF
30 7%
RESPONDENTS 6% Series1
20
10
0
Daily Weekly Monthly Biannually
FREQUENCY
I have taken this question to know the satisfaction level of customers by the
schemes running in the store. This question has two options, Yes/No.
In response of this question I got that there 30 people out of 100, who are not
satisfied with schemes running in the store, but ratio of satisfied people is
always high in Pantaloons. 70% people are generally satisfied with the
schemes running in the Pantaloon.
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By this question I come to know that the schemes which run in pantaloons
outlet is quit effective and directly touch to customer.
I have taken this question to know the lump-sum amount a customer can
spend at a time. This question has four options, 0-1000, 1000-5000, 5000-
10000, 10000+.
In response of this question I found there are 14 people who spend up to 1000
Rs at a time, 68 people spend up to 5000, 15 people spend up to 10000 and 3
people spend more than 10000 at a time.
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Most of customer usually spends 1000 to 5000 which shows that Pantaloons
Retail easily attract to middle income group.
In response of this question, I got that 71 out of 100 prefer to buy clothes, 23
prefer accessories, 5 prefer jewellery and 8 prefer cosmetic. So the
conclusion from this question is that most people like buy apparels first then
accessories, jewellery and cosmetic.
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So the company should also pay more attention on accessories, jewellery and
cosmetic. So that each section of the store become most preferred section by
the customers.
I have taken this question to know the reasons, which drives customers’ to
other places. This question has six options, Ambience, product, price,
service, quality, and any other.
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In response of this question I got that 16% prefer other outlets because of
Ambience, 23% because of Product & variety, 22% because of Price, 12%
because of services, 20% because of Quality and 7% because of any other
reasons.
I have taken this question to know that which outlet is preferred by customers
other than Pantaloons. This question has three options, Life Style, Shoppers’
Stop & Globus.
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It means Shopper’s Stop is the main competitor of Pantaloons. Pantaloons
should focus on the schemes running in the Shopper’s Stop.
I have taken this question to know that what customers want to see in respect
of improvement. This question has four options, Quality, Discount, Variety,
and Brand. This question will help to know that, the customers’ view, what
they want to see in the Pantaloons, so that they shop more from Pantaloons.
NO. OF RESPONDENT
50
45 45
40
35
30
28
25
20
15 15
12
10
5
0
QUALITY DISCOUNT VARIETY BRAND
SOURCE
In response of this question I got that 45% people like cash discount and they
will shop more if they get discount, 28% people want to see more variety in
Pantaloons, 15% people want more brand and 12% people want better
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quality. By this I come to know that mostly customers want Discount and
Vareity.
CONCLUSION
Pantaloons Retail India Ltd has strong goodwill in Retail Industry
in respect of quality.
Customers mostly prefer those outlets, which provide them better services,
price & product. Customers want improvement in Pantaloons in
respect of services, variety, and brands.
The customers generally prefer cash discount. There after they want more
variety and quality in the store.
Customers are satisfied with the price and schemes running in the store.
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There is misperception about Pantaloons store that the store has
generally high price products that is why middle class people do not easily
attract towards Pantaloons.
RECOMMENDATION
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and also a more line i.e. ensure gift for kids, on the entrance of
the mall.
LIMITATION
The 5 Questions that are very common and arise during the Research.
?
W hom
61
here
hat
hy
hen
Every researcher will face all these words during the research. There are some
Limitations, which I have faced during the research.
Time constraints: There was limited time each day and lots of task to
be performed (i.e. to prepare various reports, to spend lot of the time in the
company & to increase my own knowledge and completion of the tasks
given by our faculty Guide as well as by our Company).
Lack of Knowledge: Some people have less knowledge about the
Time Consuming: Contacting each and every customer and wait for
Limited Area: As I had covered limited area so finding respondents was also
limitation for me. This data has been gathered from a store so it can be changed
as the sample area change.
Market research may not provide exact solution for the problem
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BIBLIOGRAPHY
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QUESTIONNAIRE
1. NAME:
Yes No
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QUESTION NO. 5 TO 7 ARE DEFINING THE LEVEL OF SATISFACTION
(1- Unsatisfied; 5- Average; 10- Highly Satisfied)
Yes No
10. Which section you like most in respect of quality, variety and price.
12. Are you satisfied with the schemes running in the Pantaloon?
Yes No
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14. Generally you spend more for
17. What things you would like to see in Pantaloons, so that you can shop more
from here.
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COMPANY MILESTONE
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Major Milestones
1992 Initial public offer (IPO) was made in the month of May.
2002 Big Bazaar, ‘Is se sasta aur accha kahi nahin’ - India’s first
hypermarket chain launched.
2005 Central – ‘Shop, Eat, Celebrate In The Heart Of Our City’ - India’s
first seamless mall is launched in Bangalore.
Fashion Station - the popular fashion chain is launched
2006 aLL – ‘a little larger’ - exclusive stores for plus-size
individuals is launched
Future Capital Holdings, the company’s financial arm launches real estate
2007 funds Kshitij and Horizon and private equity fund Indivision.
Plans forays into insurance and consumer credit.
Group enters into joint venture agreements with ETAM Group and
Generali.
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Sector wise key players in organized retailing in India
Groceries Apparel
Arrow, Lee, Levi's
Benetton, Weekender,
Will Sport, Mark's &
Spencer, Mango,
Food world Provogue, etc.
Electronics
Restaurants & Fast
Viveks, Vijay Sales, VGP
Foods
Department
al Stores
Shopper's Stop, Westside,
McDonald's Globus, Pyramid, etc.
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Lakme, Shahnaz Herbals
Jewellery
Tanishq, Gili, Oyzterbay,
Intergold
Watches
Coffee Day Titan, HMT, Omega,
Fossil, etc.
Hypermarke
ts
Big Bazaar, Giants, Sabka
Bazaar
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ORGANIZED VS TRADITIONAL
RETAILING
Organized retailing in India is only two per cent which is very poor compared to other South
Asian Countries.
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