Munish Sir Assignment
Munish Sir Assignment
Munish Sir Assignment
INDUSTRY OVERVIEW
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Retail has played a major role world over in increasing productivity
across a wide range of consumer goods and services .The impact
can be best seen in countries like U.S.A., U.K., Mexico, Thailand and
more recently China. Economies of countries like Singapore,
Malaysia, Hong Kong, Sri Lanka and Dubai are also heavily assisted
by the retail sector.
List of retailers that have come with new formats:
The retail industry in India is of late often being hailed as one of the
sunrise sectors in the economy. AT Kearney, the well-known
international management consultancy, recently identified India as
the ‘second most attractive retail destination’ globally from among
thirty emergent markets. It has made India the cause of a good deal
of excitement and the cynosure of many foreign eyes. With a
contribution of 14% to the national GDP and employing 7% of the
total workforce (only agriculture employs more) in the country, the
retail industry is definitely one of the pillars of the Indian economy.
3. Indian Retail Industry:
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by the next five years. The Indian retail sector is currently sporting a
brand new look and together with a 46.64 per cent three-year
Compounded Annual Growth Rate (CAGR), Conventional
marketplaces are paving way for new shopping malls, the likes of
superstores, shopping plazas, supermarkets and brand label stores.
International style shopping centers have started dotting the skyline
of cities and smaller towns, acquainting the Indian customer to a
unique shopping experience. The retail industry in India is split up
into the unorganized and organized retail segments.
Taxation policies also push you to automate and the push is even
harder for those looking to expand beyond their single store
existence. Though it’s early days yet to measure it penetration in
the unorganized retail industry, interest levels are surely raising
fast. “It’s good to at least answer their questions.
Indian Retail Sector is very large and there is so many retail
companies. Day to day indian retail companies is growing. Here is a
list of top retailer in India.
Socio demographic factors will lead to faster
growth of organized retail in India:
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3.1 Retailing formats in India:
1. Malls:
The largest form of organized retailing today. Located mainly in
metro cities, in proximity to urban outskirts. Ranges from 60,000 sq
ft to 7, 00,000 sq ft and above. They lend an ideal shopping
experience with an amalgamation of product, service and
entertainment, all under a common roof. Examples include
Shoppers Stop, Pyramid, and Pantaloon.
Shopping Malls:
The new shopping malls that have been expanding their footprint
across Indian cities are well designed, built on international formats
of retailing and integrated with entertainment and restaurants to
provide a complete family experience. Over 300 malls are expected
to be built over the next two years and most Indian cities with over a
million populations will be exposed to this modern method of
retailing.
Shopping malls have existed in India since several decades but were
designed and built to house several shops in a single facility. These
malls also known as Shopping Arcades offered only rows of shops,
most of which were small stores that promised bargains for their
various wares. These Shopping Arcades tried to maximize on their
store space and did not offer any areas for recreation and
entertainment.
The present day malls are a creation of the past few years post
2000. They are designed professionally using a lot of international
experience and combine shopping with a lot of brand building,
recreation, food and entertainment. Malls also have a large format
store that serves as their anchor for shopping and a prominent
restaurant that anchors the food needs of visitors. Most malls also
feature a multiplex cinema that offers entertainment to the visitors
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of the mall. Finally the mall has large atria and open spaces to allow
visitors and families to hang-out.
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3.Major Industry Players:
The big players in Indian retail landscape now are the Future Group,
Shoppers Stop, Westside, Subiksha and
RPG Spencer. The newcomers who are
knocking at the gates are Reliance Retail,
Bharti Wal-Mart and Aditya Birla Trinethra.
Here, we intend to do a brief profiling of
the major players in order to understand the
retail business in a better manner.
2 Shoppers Stop
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Shoppers’ Stop is also very well known for having pioneered several
quality retailing concepts in India like CROSSWORD, Hyper CITY and
Mother Care. They are the only retailer from India to become a
member of the prestigious Intercontinental Group of Departmental
Stores (IGDS).
4. Reliance Retail
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footwear, lifestyle and home improvement products, electronic
goods and farm implements and inputs. They will also offer products
and services in energy, travel, health and entertainment. In addition
to this, partnerships would be developed to bring the best of global
luxury brands to India as well.
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delivery cornerstones of the more chain of supermarket stores
more.
6. VISHAL RETAIL :
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The Vishal stores offer affordable family fashion at prices to suit
every pocket. The group’s philosophy is integration and towards this
end has initiated backward integration in the field of high fashion by
setting up a state of the art manufacturing facility to support its
retail endeavors. Company has already tied up for 5-lakh sq ft
space and is looking for more. Company will come up with 32 new
stores this year. Company is doing research on more formats.
Company is looking for opportunities of expansion in the South.
Contribution of apparels business at 53% may slightly come down to
50%. India is a big country and there is huge space for four-five big
retail players. Vishal can always sustain growth in this big market.
Company can sustain margins as it is going for backward
integration. Currently manufacturing contributes 10% of the
business, which in the next two to three years will go up to 25%.
Company is increasing its focus on the non-apparel and FMCG
segment. The current share of FMCG at 15% could go up to 20-25%.
Apparel sales currently at 63% in the next 2-3 years should come
down to 50% as the company is now also focusing on different
segments. With growth in volumes, the cost of sourcing will come
down in the near future. Company will venture wherever it gets real
estate space. Currently, it has very little space in the south India.
Eventually, it will have a pan-India set up.
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RESEARCH METHODOLOGY
Primary objective:
- Gender
- Occupation
- Annual Family Income
- Services
- Awareness
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5.4 Research Design
In which research concerned with the finding out who, what, where,
when, and how.
Population:
sampling frame:
The sampling frame consists of the list item from which the sample
is to be drawn. The sample framer for the research constitutes the
people residing in jalandhar city
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Businessman Housewives Professionals
Sample Type:
Sample size:
Primary data
Secondary data
The Secondary data have been collected from the sources like
Website, Magazines, Reports and Books.
Every task that is undertaken has some obstacles in its way, some
basic limitation that make the task bit difficult are stated as follows
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The survey was limited only to the physical boundaries of
Jalandhar city and that is limited in the population.
Different people have a different thought, process and different
attitudes. As a result their manner of answering the question of
the study differs the answer received sometimes positive, while
sometimes they were negative.
The study on buying behaviour of consumer towards online
shopping of computer is limited to the product of computer and
computer peripherals only.
A census survey is not possible due to time period so I have
selected sample survey.
As we survey the area of Jalandhar city, the research could not
give the result on the whole. The people might have different
attitude and behaviour for the product at different places.
Thus despite of the limitation we have tried to make the report
as accurate as we could make.
5.9 Interpretation
This step involves inference from the analysis of the data collected.
The required goal fulfilled at this stage. All the data’s are carefully
scrutinized and thereafter report was prepared.
This is the last step in the preparation of the project report. The sole
objective of the report writing was to report the finding to the
concerned authority.
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6. DATA ANALYSIS & INTERPRETATION
Male
Female
43%
57%
Interpretation:
From the above table and chart we can examine that out of the total
respondents 20, 57% of the respondents were male 43% of the
respondents were female
Cumulative
Frequency Percent Valid Percent Percent
Valid 15-25 38 25.3 25.3 25.3
25-35 54 36.0 36.0 61.3
35-45 36 24.0 24.0 85.3
45 & above 22 14.7 14.7 100.0
Total 150 100.0 100.0
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15-25
25-35
35-45
25% 45& above
15%
24% 36%
Interpretation:
From the above table and the chart we examine that majority of the
respondents i.e. 36% of the respondents were in the age group of
25-35 years followed by 25% respondents in the age group 15-25
years, while the lowest 24% respondents were there in the age
group of 35-45 years while 15% were the respondents in the age
group below 45 & above years.
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Occupation wise classification
40
35
30 Business
25 Profession
20 Servvice
15 student
10 Others
5
0
Occupation
Interpretations:
From the above table and chart we can examine that 21% of the
respondents were students followed by occupation like service and
profession with 17% and 19% respectively while the respondent
who were engaged in the occupation of business were 18% . The
respondents engaged in other type of occupation were 24%.
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Annual family income wise classification
Cumulative
Frequency Percent Valid Percent Percent
Valid less than 50000 23 15.3 15.3 15.3
50000-100000 34 22.7 22.7 38.0
100000-200000 47 31.3 31.3 69.3
200000 & above 46 30.7 30.7 100.0
Total 150 100.0 100.0
31% 15%
less than 50000
50000-100000
100000-200000
200000 & above
23%
31%
Interpretation:
From the above table and chart we examine that 31% of the
respondent belong from annual income group of 1, 00,000 to 2,
00,000. Followed 31% of respondent which belong to the income
group of 2,00,000 & above while the income group of 50000-100000
is 23% and the remaining 15%respondents were belongs to less
than 50000.
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1. How frequently, do you go for shopping?
Cumulative
Frequency Percent Valid Percent Percent
Valid daily 45 31.3 31.3 31.3
twice in week 46 31.9 31.9 63.2
once in week 32 22.2 22.2 85.4
monthly 21 14.6 14.6 100.0
Total 144 100.0 100.0
15% 31%
daily
twice in week
22% once in week
monthly
32%
Interpretation:
From the above table and chart we examine that 32% of the
respondent go for shopping twice a week. Followed 31% of
respondent which goes for shopping daily while 22% goes for once a
week and the remaining 15%respondents were goes for monthly
shopping.
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2. From which type of shopping point, you would
like to purchase the following products?
Percent
Home
Apparel/
Footwear Gifts White goods entertainment
clothing
products
Malls 61.8 75.0 54.9 17.4 14.6
Retail outlet 38.2 25.0 45.1 82.6 85.4
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3. Convenient location
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 3 2.1 2.1 2.1
Not important 6 4.2 4.2 6.3
Neutral 18 12.5 12.5 18.8
Important 42 29.2 29.2 47.9
Most important 75 52.1 52.1 100.0
Total 144 100.0 100.0
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 7 4.9 4.9 4.9
Not important 11 7.6 7.6 12.5
Neutral 19 13.2 13.2 25.7
Important 46 31.9 31.9 57.6
Most important 61 42.4 42.4 100.0
Total 144 100.0 100.0
0 20 40 60 80
Interpretations:
From the above table and chart we examine that convient location
of the shopping point is most important crieteria among 52%
respondents indicate it for Retail mall, while for the Retail outlet
43%. While 29% respondents indicate it is importanr for mall, for
retail outlet 31% respondents indicate it. While 13% give Neutral
response for both. 3% resppondents indicates as leastimportant.
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Q4. Sales promotion scheme
Sales promotion scheme at mall
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 7 4.9 4.9 4.9
Not important 15 10.4 10.4 15.3
Neutral 32 22.2 22.2 37.5
Important 33 22.9 22.9 60.4
Most important 57 39.6 39.6 100.0
Total 144 100.0 100.0
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 5 3.5 3.5 3.5
Not important 9 6.3 6.3 9.7
Neutral 17 11.8 11.8 21.5
Important 26 18.1 18.1 39.6
Most important 87 60.4 60.4 100.0
Total 144 100.0 100.0
90
80
70
Most important
60
50 Important
40 Neutral
30 Not important
20
Least important
10
0
Retail mall Retail outlet
Interpretations:
From the above table and chart we examine that Sales promotion
scheme at the shopping point is most important crieteria among
60% respondents indicate it for Retail outlet, while for the Retail
mall 39%.
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Q5 Image of shopping point
Image of mall
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 12 8.3 8.3 8.3
Not important 14 9.7 9.7 18.1
Neutral 24 16.7 16.7 34.7
Important 36 25.0 25.0 59.7
Most important 58 40.3 40.3 100.0
Total 144 100.0 100.0
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 12 8.3 8.3 8.3
Not important 15 10.4 10.4 18.8
Neutral 26 18.1 18.1 36.8
Important 44 30.6 30.6 67.4
Most important 47 32.6 32.6 100.0
Total 144 100.0 100.0
60
50
Most important
40
Important
30
Neutral
20 Not important
10 Least important
0
Retail mall Retail outlet
Interpretations:
For retail mall 25% respondents indicate imporatant, for retail outlet
30% respondents indicate it. While 17% give Neutral response. 8%
resppondents indicates as least important & not important.
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Q6 Shopping convenience
Shopping convenience at mall
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 3 2.1 2.1 2.1
Not important 12 8.3 8.3 10.4
Neutral 32 22.2 22.2 32.6
Important 43 29.9 29.9 62.5
Most important 54 37.5 37.5 100.0
Total 144 100.0 100.0
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 3 2.1 2.1 2.1
Not important 10 6.9 6.9 9.0
Neutral 34 23.6 23.6 32.6
Important 41 28.5 28.5 61.1
Most important 56 38.9 38.9 100.0
Total 144 100.0 100.0
0 10 20 30 40 50 60
Interpretations:
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Q7 Availability of more variety
Availability of more variety at mall
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 1 .7 .7 .7
Not important 14 9.7 9.7 10.4
Neutral 20 13.9 13.9 24.3
Important 44 30.6 30.6 54.9
Most important 65 45.1 45.1 100.0
Total 144 100.0 100.0
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 5 3.5 3.5 3.5
Not important 8 5.6 5.6 9.0
Neutral 24 16.7 16.7 25.7
Important 48 33.3 33.3 59.0
Most important 59 41.0 41.0 100.0
Total 144 100.0 100.0
70
60
50 Most important
40 Important
30 Neutral
20 Not important
10 Least important
0
Retail mall Retail outlet
Interpretations:
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Q8. Atmosphere of outlets
Atmosphere of mall
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 4 2.8 2.8 2.8
Not important 8 5.6 5.6 8.3
Neutral 31 21.5 21.5 29.9
Important 55 38.2 38.2 68.1
Most important 46 31.9 31.9 100.0
Total 144 100.0 100.0
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 7 4.9 4.9 4.9
Not important 9 6.3 6.3 11.1
Neutral 21 14.6 14.6 25.7
Important 50 34.7 34.7 60.4
Most important 57 39.6 39.6 100.0
Total 144 100.0 100.0
60
50
Most important
40
Important
30 Neutral
Not important
20
Least important
10
0
Retail mall Retail outlet
Interpretations:
From the above table and chart we examine that Atmosphere of the
shopping point is most important crieteria among 31% respondents
indicate it for Retail mall, while for the Retail outlet 39%.
For retail mall 38% respondents indicate imporatant, for retail outlet
34% respondents indicate it. While 22% give Neutral response. 5%
resppondents indicates as least important & not important.
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Q9. Service quality
Service quality of mall
Cumulative
Frequency Percent Valid Percent Percent
Valid Not important 5 3.5 3.5 3.5
Neutral 31 21.5 21.5 25.0
Important 54 37.5 37.5 62.5
Most important 54 37.5 37.5 100.0
Total 144 100.0 100.0
Cumulative
Frequency Percent Valid Percent Percent
Valid Not important 9 6.3 6.3 6.3
Neutral 26 18.1 18.1 24.3
Important 57 39.6 39.6 63.9
Most important 52 36.1 36.1 100.0
Total 144 100.0 100.0
0 10 20 30 40 50 60
For retail mall 37% respondents indicate imporatant, for retail outlet
39% respondents indicate it. While 19% give Neutral response. 3.5%
resppondents indicates as not important.
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Q10. Frequency of respondent opinion – Agree with Retail
mall
Responses
29
Q11. Frequency of respondent opinion – Agree with Retail
outlet:
Responses
30
Q12 Frequency of respondent opinion - Disagree:
Responses
31
Q13. External appearance:
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 11 7.6 7.6 7.6
Not important 9 6.3 6.3 13.9
Neutral 14 9.7 9.7 23.6
Important 26 18.1 18.1 41.7
Most important 84 58.3 58.3 100.0
Total 144 100.0 100.0
8% 6% 10%
Least important
Not important
Neutral
58%
Important
Most important
18%
Cumulative
Frequency Percent Valid Percent Percent
Valid Least important 11 7.6 7.6 7.6
Not important 9 6.3 6.3 13.9
Neutral 14 9.7 9.7 23.6
Important 26 18.1 18.1 41.7
Most important 84 58.3 58.3 100.0
Total 144 100.0 100.0
8% 6% 10%
Least important
Not important
Neutral
Important
58%
Most important
18%
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Q15. Lighting inside
Cumulative
Frequency Percent Valid Percent Percent
Valid Not important 7 4.9 4.9 4.9
Neutral 10 6.9 6.9 11.8
Important 48 33.3 33.3 45.1
Most important 79 54.9 54.9 100.0
Total 144 100.0 100.0
5% 7%
Not important
Neutral
Important
Most important
55%
33%
5% 8%
Not important
Neutral
48% Important
39%
Most important
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Q17. Cleanliness
Cumulative
Frequency Percent Valid Percent Percent
Valid Neutral 6 4.2 4.2 4.2
Important 54 37.5 37.5 41.7
Most important 84 58.3 58.3 100.0
Total 144 100.0 100.0
4%
38%
Neutral
Important
Most important
58%
Cumulative
Frequency Percent Valid Percent Percent
Valid Neutral 12 8.3 8.3 8.3
Important 46 31.9 31.9 40.3
Most important 86 59.7 59.7 100.0
Total 144 100.0 100.0
32%
8%
Neutral
Important
60%
Most
important
Interpretations:
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According to 60% respondents termed Staff behavior at shopping
point is Most important, 32% respondents termed it as important.
8% give Neutral response.
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Q19 Range of product
Cumulative
Frequency Percent Valid Percent Percent
Valid Not important 9 6.3 6.3 6.3
Neutral 13 9.0 9.0 15.3
Important 36 25.0 25.0 40.3
Most important 86 59.7 59.7 100.0
Total 144 100.0 100.0
6% 9%
Not important
Neutral
Important
Cumulative
Frequency Percent Valid Percent Percent
Valid Not important 2 1.4 1.4 1.4
Neutral 15 10.4 10.4 11.8
Important 35 24.3 24.3 36.1
Most important 92 63.9 63.9 100.0
Total 144 100.0 100.0
1% 10%
24%
Not important
Neutral
Important
Most
65% important
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Q21 Acceptance of credit card
Cumulative
Frequency Percent Valid Percent Percent
Valid Neutral 25 17.4 17.4 17.4
Important 43 29.9 29.9 47.2
Most important 76 52.8 52.8 100.0
Total 144 100.0 100.0
17%
Neutral
Important
Most important
53% 30%
Cumulative
Frequency Percent Valid Percent Percent
Valid Neutral 5 3.5 3.5 3.5
Important 35 24.3 24.3 27.8
Most important 104 72.2 72.2 100.0
Total 144 100.0 100.0
3% 24%
Neutral
Important
Most
important
73%
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Neutral response. While no one said said it is not Important or least
important.
Cumulative
Frequency Percent Valid Percent Percent
Valid Very poor 5 3.5 3.5 3.5
Poor 14 9.7 9.7 13.2
Good 39 27.1 27.1 40.3
Very good 48 33.3 33.3 73.6
Excellent 38 26.4 26.4 100.0
Total 144 100.0 100.0
Interpretations:
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Q25 Experience of retail outlet
Cumulative
Frequency Percent Valid Percent Percent
Valid Very poor 4 2.8 2.8 2.8
Poor 21 14.6 14.6 17.4
Good 61 42.4 42.4 59.7
Very good 33 22.9 22.9 82.6
Excellent 25 17.4 17.4 100.0
Total 144 100.0 100.0
Excellent Verypoor
17% Poor 3%
15%
Verygood
23%
Good
42%
Interpretations:
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FINDINGS
From the survey we can examine that Retail outlet was highly
preferred by the respondents for shopped because it is
located at convenient place than the retail outlet. Also
because they get additional services, variety of products at
Retail mall comparing to the Retail outlet.
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Retail outlet was highly preferred by the respondents for
shopped because there is less chances of being cheated,
available specific brand, also Complains are attend quickly
comparing to the Retail mall.
It was found from the study that many Female and youth
respondents indicate that the External appearance of
shopping point, Parking facility, Lighting inside, Interior colour
of shopping point as most important attribute for make
decision about choosing shopping point.
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CONCLUSION
But on the other hand respondents also preferred Retail outlet store
for shopping because facilities they got from retail outlet like
replacement of product, complain attend quickly, branded products
and easy availability of the stores. From the study it was concluded
that Retail mall dominate Retail outlet.
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BIBLIOGAPHY
BOOKS:
Websites:
business.mapsofindia.com/india-retail-industry/
business.mapsofindia.com/india-industry/retail.html
www.economywatch.com/business-and-economy/indian-retail-
industry.html
www.economywatch.com/business-and-economy/indian-retail-
industry.html
www.ibef.org/industry/retail.aspx
www.indiaretailshow.com/
www.indiaonestop.com/retailing.htm
www.sebi.gov.in/dp/pantaloon.pdf
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