Professional Documents
Culture Documents
Study
carried out at Big Bazaar,
Bangalore.
By:- Sumanto
Sharan
MBA-
AB9040
Ramaih institute of
Management Studies,
Type : Hypermarket
Founded : 2001
Headquarters : Jogeshwari, Mumbai
Industry : Retail
Products : Department, Grocery
store
Promoter : Kishore Biyani
Parent : Pantaloon Retail India
Ltd.
Punch line : “Is se sasta aur accha
kahin nahi !”
Big Bazaar is a chain of department stores in India
currently with 120 outlets. It is owned by Pantaloon
Retail India Ltd, Future Group. It works on the same
economy model as Wal-Mart and has been successful
in many Indian cities and small towns. The idea was
pioneered by entrepreneur Mr. Kishore Biyani, the CEO
of Future Group. Currently Big Bazaar stores are
located only in India. It is the fastest growing chain of
department stores and aims at having 350 stores by
2010.Big Bazaar is the destination where you get
products available at prices lower than the MRP,
setting a new level of standard in price, convenience
and quality.
Big Bazaar is not just another
hypermarket. It caters to every need of your family.
Where Big Bazaar scores over other stores is its value
for money proposition for the Indian customers.
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.
Product
Big Bazaar offers a wide range of products which range from apparels,
food, farm products, furniture, child care, toys, etc. Products of all the major
brands are available at Big Bazaar. Also, there are many in house brands
promoted by Big Bazaar. Big Bazaar sold over 300,000 pairs of jeans, 50,000
DVD-players and 25,000 microwave-ovens. In all, the fashion, electronics and
travel segments made up about 70% of sales. Last year, these categories made
up only about 60%.
Product Mix
•Shampoo
•Detergent
•Soap •Soft drink
•Liquid Wash •Packaged
•Creams juice
•Deodrant •Milk Items
•Home cleaners •Frozen
•Utensils foods
•Crokery •Ice creams
•Bundles
Product Mix Cont…
Living Room
Bed Room
Kitchen
Dinning
Rooms
Kids Room
Been Bags
Paintings
Decorative
Items
Price
The tag-line is “Is se sasta aur accha aur kahin nahi”. They work on the model of economics
of scale. There pricing objective is to get “Maximum Market Share”. The various techniques
used at Big Bazaar are: -
•Value Pricing (EDLP - Every Day Low Pricing): Big Bazaar promises consumers the lowest
available price without coupon clipping, waiting for discount promotions, or comparison
shopping.
•Promotional Pricing: Big Bazaar offers financing at low interest rate. The concept of
psychological discounting (Rs. 99, Rs. 49, etc.) is used as promotional tool. Big Bazaar also
caters on Special Event Pricing (Close to Diwali and Durga Pooja).
•Differentiated Pricing: Time pricing, i.e., difference in rate based on peak and non-peak
hours or days of shopping is also a pricing technique used in Indian retail, which is
aggressively used by Big Bazaar.
• Bundling: Selling combo-packs and offering discount to customers. The combo-packs add
value to customer.
Psychological Pricing
Value & Time Pricing
Place
• Big Bazaar stores are located in 50 cities with 116 outlets. Big Bazaar has presence
in almost all the major Indian cities. They are aggressive on their expansion plans.
•Area 10,000 sq ft –
1,20,000 sq ft.
•Approachable
destinations.
Promotion
Big Bazaar started many new and innovative cross-sell and up-sell strategies in
Indian retail market. The various promotion techniques used at Big Bazaar include
“saal ke sabse saste teen din”, Future Card (the card offers 3% discount), Shakti
Card, Wednesday bazaar.etc,.
Advertising has played a crucial role in building of the brand. Big Bazaar
advertisements are seen in print media, TV, Radio (FM) and road-side bill-boards.
Promotion
PROMOTIONAL
OFFERS
PROMOTIONAL
OFFERS
PROMOTIONAL
People
They are one of the key assets for any organization. The salient features of staff
of Big Bazaar are: -
• Well-trained staff, the staff employed by Big-Bazaar are well-suited for modern
retail.
• Well-dressed staff improves the overall appearance of store.
• Employees are motivated to think out-of-the-box. Retail sector is in growth
stage, so staff is empowered to take innovative steps.
• Employs close to 10,000 people and recruits nearly 500 people every month.
• Use of technology like scenario planning for decision making.
• Multiple counters for payment, staff at store to keep baggage and security
guards at every gate, makes for a customer-friendly atmosphere.
People
It deals with the final deliverable or the display of written facts. This includes the
current system and available facilities.
Positioning
High
Servic
e
Low High
price price
Low
Servic
e
Big Bazaar At BCG
Matrix
M
A
R H
K I
E G
T H
I
N
G
G
R L
O O
W W
T
H
HIGH LO
MARKET SHARE W
Life cycle of Big Bazaar
S
A
L
E
S
Future
Strategy of
Big Bazaar
Supercent
eres
(>75,000
sq ft)
Functional Departments of
Administration Dept.
Human Resource
Culture Building
Performance Management through Balanced
Score Card
People Processes
Management Processes
Leadership Excellence
HUMAN RESOURCE DEPARTMENT OF BIG
BAZAAR
Performance Appraisal
The HR department conducts performance appraisal of all
the employees annually in the month of April.
Future group has its own training division for all its
employees, known as ‘Future Learning & Development Limited’
(FLDL). All the employees are given training for 20 days in a year
spread over different periods.
The main issue that every manager talks about relating to his
employee is, that he might have better-motivated employee. In Big Bazaar
the scenario is different. Here employees are motivated through various
ways and some of the ways are discussed below.
• Feeling “in” on things.
• Good wages.
• Good working conditions
• Job security
• Full appreciation of work that is done
• Tactful disciplining
• Employer loyalty to employees
• Interesting work
Job security
2
Tactful disciplining
9
Interesting work
At Pantaloon Retail, Empowerment is what you acquire and
Freedom at Work is what you get. We believe our most valuable assets are
our People. 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.
Powered by the desire to create path-breaking practices and held together
by values, work in this people intensive industry is driven by softer issues.
In our world, making a difference to Customers’ lives is a Passion and
performance is the key that makes it possible. Out of the Box thinking has
become a way of life at Pantaloon Retail and living with the change, a
habit. Leadership is a value that is followed by one and all at Pantaloon
Retail. Leadership is the quality that motivates us to never stop learning,
stretching to reach the next challenge, knowing that we will be rewarded
along the way. In the quest of creating an Indian model of retailing,
Pantaloon Retail has taken initiatives to launch many retail formats that
have come to serve as a benchmark in the industry. Believing in leadership
has given us the optimism to change and be successful at it. We do not
predict the future, but create it.
At Pantaloon Retail you will get an opportunity to handle multiple
responsibilities, and therein, the grooming to play a larger role in the
future. Work is a unique mix of preserving our core Indian values and yet
providing customers with a service, on par with international standards .
At Pantaloon 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
Measurement of Customer Satisfaction
Home delivery
Store to store transfer.
Damage or expiry stocks return to
warehouse or vendor.
Return of non saleable items.
Bucket 28 72
Sales Department
This department is responsible for the collection of sales
amount i.e., cash sales.
This dept also does gift wrapping for any product if the
customer wants it at free of cost.
Weaknesses
Ability to get products from customers at discounted price due
to the scale of business
High cost of operation due to large fixed costs.
Threats
Knighthood
Shatranj
The men’s ethnic wear range consists of kurtas, kurta pyjamas sets
and sherwani sets.
DJ & C
India’s cool answer to international brands is
positioned for the 20-35 year age group. It targets both men and
ladies and the range includes designer denims, casuals, street-
wear.
DJ&C Sports
This is a unisex sportswear range for the age group
of 20-40 years.
Shyla
Men’s T- shirts
Big Bazaar, India's largest hypermarket chain, a part of the Future Group,
announced the launch of the exclusive Fashion @ Big Bazaar ‘London Dreams’
Fashion Collection, a range of exclusive apparel, which captures the style
statement of the ‘London Dreams’ cast. Big Bazaar stores across the country will
showcase the very youthful apparel and fashion specially created for the stars of
London Dreams. With an intention to fulfil the dream of dressing up the youth, and
‘Fashion jo Star bana de’ promise, Fashion@Big Bazaar will have the youthful
collection.
Others Brand @
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