Professional Documents
Culture Documents
ON
Project done in
Submitted in partial fulfillment of the requirement for the award of Post Graduate Diploma
in Management
Submitted by
SREEJITH MENON
KHR2009PGDMRMF26
1
Acknowledgement
I would like to extend my sincere thanks to Mr. Arvind Sathu(General Manager,
HyperCITY, Vashi) my Industry advisor, for his time, advice, and encouragement. I would
like to express my gratitude to the HyperCITY Retail (India) Ltd. for giving me this
opportunity to work and learn in the organization. This project would not have been possible
without the support and encouragement of everyone there.
I would like to thank my institute ITM including the Director, Dr. Ganesh Raja, the Dean,
Dr. Adhikari and especially the Deputy Director, Mr. B.V.R. Murthy for their constant
support.
Sincere gratitude is extended to my faculty guide Prof. Shelja Jose for her time, ideas, and
assistance with the research process.
2
TABLE OF CONTENTS
I. EXECUTIVE SUMMERY...............................................................................................4
II. INTRODUCTION...........................................................................................................5
IV.RESEARCH OBJECTIVES...........................................................................................14
V. RESEARCH METHODOLOGY...................................................................................15
PHASE 1……………………………………………………………………………19
CUSTOMER PROFILING
CUSTOMER SATISFACTION LEVEL
PHASE 2………………………………………………….…………………………39
PHASE 3………………………………………………………………………….…63
VII.LEARNING’S……………………………………………………………………….…67
IX.CONCLUSION…………………………………………………………………………71
X.REFERENCES…………………………………………………………………………..72
APPENDIX-QUESTIONNAIRE…………………………………………………………..73
3
EXECUTIVE SUMMARY
The main purpose of the study was to understand the customer buying behavior of consumer
durables in a hypermarket. The research also tries to understand the customer base visiting
the multimedia section of HyperCITY and its competitors. Another important task was to
analyze the competition in the market, the customers satisfaction level with respect to price,
offers, product range etc.
A questionnaire was prepared and was used to collect the empirical data in order to
statistically test the hypothesis. Another instrument used to carry out the study was by
observation method. The observation method involves human or mechanical observation of
what people actually do or what events take place during a buying or consumption situation.
The study helped us to come to conclusion that customers have rated HyperCity well on
parameters price,stock range and customer associates knowledge & assistance over Vijay
sales.
In terms of price and offers customers have rated E-zone and Croma well over HyperCity.
As per the study it can be concluded that HyperCity fares poor in terms of stock availability
and home delivery when compared to all its competitors taken into consideration.
4
INTRODUCTION
The Global Retail Industry:
Retail has played a major role world over in increasing productivity across a wide range
ofconsumer 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.Retail is the second-largest industry in the United States both in number of
establishments and number of employees. It is also one of the largest worldwide. Wal-Mart
is the world’s largest retailer. Already the world’s largest employer with over 1million
associates, Wal-Mart displaced oil giant Exxon Mobil as the world’s largest company when
it posted $219 billion in sales for fiscal 2001.
Going forward, TSMG projects that in the next 10 years, the overall retail market in India is
likely to grow at a CAGR of 5.5% (at constant prices) to 1,677,000 Cr in 2015. The
organized retail market is expected to grow much faster at a CAGR of 21.8% (at constant
prices) to Rs. 246,000 Cr by 2015 thereby constituting ~15% of the overall retail sales.
Based on our projections, the top 5 organized retail categories by 2015 would be food,
grocery & general merchandise, apparel, durables, food service and home improvement.
The global trends have important implications for Indian retailers. The Indian consumer
remains value conscious. The consumer in most cases is willing to spend money, but remains
cost conscious, evaluating every rupee spent. It is therefore imperative for retailers to offer
price advantage via sourcing and operational efficiency and a strong private label program to
attract customers.
In summary, the retail market is the next growth frontier for corporate India. It offers an
opportunity for a large player to build a Rs. 40,000 Cr retail business spanning multiple
categories by 2015 (at current prices). Compared to this, the revenue of the largest Indian
retailer Pantaloon was only Rs 1085 Cr in 2005. No wonder large domestic business houses
and international retailers have expressed keen interest to enter the retail sector in India.
However, to capitalize on the opportunity, a player needs to be aggressive in its outlook and
build scale quickly.
5
Retail Scenario in India:
As the corporate – the Piramals, the Tatas, the Rahejas, ITC, S.Kumar’s, RPG Enterprises
and mega retailers- Crosswords, Shopper’s Stop, and Pantaloons race to revolutionize the
retailing sector, retail as an industry in India is coming alive.
The factors responsible for the development of the retail sector in India can be broadly
summarized as follows-
Market growth- 8 to 10% annual growth with 30%+ growth rate for modern format
retail
Strong economy- fourth largest economy on purchasing parity basis
Market opportunities- growing consumer aspiration
Infrastructure- large amount of quality retail space being added
Liberalization of the Indian economy
A customer profile is a series of descriptive phrases that paint a picture of a selected retail
consumer target. A good profile will answer the questions-“who are those people” and
“where do they live”. A profile is built from demographic, expenditure, lifestyle and media
preference data and is used to immediately understand the characteristics of a given
customer. Profiling is an effective tool because it helps retail marketers manage current
customers, develop strategies aimed at specific prospects and reduce the overall costs of
marketing and customer acquisition.
Customer behavior is a much stronger predictor of your future relationship with a customer
than demographic information ever will be. You have to look at the data, the record of their
behavior, and it will tell you things. It will tell you "I’m not satisfied." It will tell you "I
want to buy more, give me a push."
Every retailer is interested in finding out who their customers are. It is important question to
ask- and answer. Once you perform customer segmentation, you can understand who our
customers are from demographic perspective. Following are the important benefits-
6
Improve Target Marketing-
By identifying and understanding the customers in the clusters where you have the
highest penetration, you can target marketing or business activities to those who are
most likely to purchase your products. You can improve response rates and ROI by
precisely marketing to prospects with offers that will appeal specifically to them..
Customer profiling helps one to find new customers for your business. It will extract people
and/or businesses that match the profile of your current customers.
7
COMPANY PROFILE
Consumers today place a great deal of emphasis on the ‘quality of life’ and expenditure on
aspiration driven goods and services has grown significantly. Besides, shopping has evolved
from a need-based activity to a leisure-time entertainment. We have a long history of
pioneering ideas and concepts in retailing in India. The launch of HyperCITY is a pioneering
step towards the globalization of the country’s retail sector and marks yet another milestone
in our Endeavour to bring innovative retail formats for Indian consumers who now demand
the same choice and ambience as discerning audiences do around the world. With the launch
of this new retail format in India, the Group is poised to tap the vast potential of the Indian
retail market.
SERVICES OFFERED-
Listed below are the services you can avail of when you shop at any HyperCITY store. It is
our endeavor to offer you a full range of services at all locations. Some services however are
store-specific.
8
points and redeem them against purchases. HyperCITY Discovery Club reflects our
commitment to offer you the ultimate shopping experience.
Crossword:
Vodafone:
ATM:
9
We have an in-store ATM facility, which is accessible during
store hours, for customer convenience.
Specialty areas:
Exclusive imported food(Waitrose)
In store restaurants (Desi café)
24 hr pharmacy
Gaming zone
Cricket net
Demo kitchen
Home theatre demo room
10
Review of Literature
Indian Retail Scenario
India is currently the ninth largest retail market in the world. The retail industry contributes
around 10% of India's GDP. As per the estimates, the retail sector will grow at 13% annually
from US$322 billion in 2006-07 to US$590 billion in 2011-12.
As per McKinsey, the organized retail industry is expected to grow from the current 5% of
the total market to about 14-18% of the expected Rs. 1,800,000 cr market by 2015. Though
organized retailers are growing at a fast pace, they face many challenges. The major
challenges are increasing real estate prices, lack of standard tax policies and FDI
policy. [ CITATION Org \l 1033 ]
Though Indian retail is dominated by a large number of small retailers, the last few years
have witnessed the entry of a number of organized retailers opening stores in various modern
formats in metros and other important cities. Organized retail stores rose from 3,125
covering an area of 3.3 million sq ft in 2001 to 27,076 with an area of 31 million sq ft in
2006.[ CITATION Kok09 \l 1033 ]
Because of emergence of new retail formats competition between retailers is increasing and
the consumers shop from various retailer where they get best buys.[ CITATION Mor97 \l 1033 ]
Hypermarkets:
The impact of supercenters on traditional food retailers is so much that the supercenters are
gaining 15% to 20% of primary shoppers and an even greater proportion of secondary
shoppers. [ CITATION Sei00 \l 1033 ]
Many of the world's top retailers such as Wal-Mart, Carrefour and Tesco are currently eyeing
the Indian retail sector. Carrefour and others normally look to develop hypermarkets but,
unlike Western countries, in India these would have to be located within cities, rather than on
the outskirts of urban areas.[ CITATION Pad09 \l 1033 ]
The hypermarket segment has emerged as the format with the highest growth in most
emerging markets and is likely to continue its growth in India. The prices at hypermarkets
need to be competitive because they are not only competing against the kiranas but also
chains of convenience stores. Hypermarkets must offer the best possible prices for F&G to
bring in shoppers but, unfortunately, margins for this segment can be quite unattractive -
gross margins are estimated to be at best around 10-12 per cent. Ideally, a 40:60 mix of food
to non-food should yield a blended gross margin of around 18-19 per cent. [ CITATION
Why06 \l 1033 ]
11
But "organised retail", such as hypermarkets, supermarkets and department stores, is still
considered to be rare in India, accounting for just 4% of the country's $322 billion market.
Most Indians prefer shopping in independent grocery shops, or kirana stores. [ CITATION
Bus08 \l 1033 ]
[ CITATION Sha09 \l 1033 ] commented that "even with the advent of big retailers and modern
concepts, small traditional players will stay. They will knit themselves much more strongly
through value-added customer services like customization. Far from getting cannibalized, the
small players will successfully hitch themselves around the big boys. The benefits of the
retail boom will be extended to smaller players, with good coexistence between the two to
serve the communities better". The small time retailer will be hit, as they wont be able to
match quality and compete against the big retailers.[ CITATION Ami04 \l 1033 ]
The retailers need to shift from serving to masses to serving to classes.[ CITATION Jos05 \l
1033 ]
Indian consumer durables market used to be dominated by a few domestic players like
Godrej, Allwyn, Kelvinator, and Voltas. But post-liberalization many foreign companies
have entered into India, and have dominated the market. The major categories in the market
are CTVs, refrigerators, air-conditioners and washing machines.
India being the second fastest growing economy with a huge consumer class has resulted in
consumer durables as one of the fastest growing industries in India. LG and Samsung, the
two Korean companies have been maintaining the lead in the industry with LG being the
leader in almost all the categories.
The rural market is growing faster than the urban markets, although the penetration level in
rural area is much lower. The CTV segment is expected to the largest contributing segment
to the overall growth of the industry. The rising income levels, double-income families and
increasing consumer awareness are the main growth drivers of this industry.[ CITATION Con08 \l
1033 ]
Increasing disposable income and declining prices of durables have resulted in increased
volumes.The market for consumer durables (including entertainment electronics,
communitarian and IT products) is estimated at Rs 32 billion (US $7.1 billion). The market
is expected to grow at 10 to 12 per cent annually and is expected to reach Rs 60 billion
(US$13.3billion) by 2008. The urban consumer durables market is growing at an annual rate
of seven to 10 per cent, the rural durables market is growing at 25 per cent annually. Some
high-growth categories within this segment include mobile phones, TVs and music systems.
[ CITATION Are \l 1033 ]
Now Indian consumers are eager to replace their existing refrigerators with frost-free
models, window air conditioner with split ACs, semi automatic washing machines with fully
12
automatic ones, and colour televisions with premium LCDs and LED TVs, which are
boosting sales of players like Samsung, LG, Panasonic, Sony, Videocon and others.
The competition between consumer durable giants is building up as market leader LG, Sony
and Samsung ramp up production capabilities and investments for India. The market share of
MNCs in the domestic consumer durables sector is 65% as they primarily target the lucrative
middle class segment.[ CITATION Viv10 \l 1033 ]
13
Research Objective
The entire project was segregated into three phases. Each of which had a specific objective
to be achieved.
The First phase was oriented towards customer profiling of consumer durables,
information and technology (CDIT) section of HyperCITY Vashi (this is the main project
that I had to work upon). The sub-objective under this phase are as follows-
The Second phase deals with competitor analysis and it mainly covers the following
objectives:
a. The frequency of visit of customer in competitors store that is Vijay sales, Croma, and
E-zone.
a. Analyzing the sales of Multimedia section of HyperCITY, Vashi during the period of 5 th
May, 2010 to 25th July, 2010.
b. Finding the reasons behind the loss of sale.
14
Research Methodology:
“Research means different things to different people” and the intention behind it are to
investigate innumerable data, theories, experiences, concepts and law. “The procedural
framework within which the research is conducted” is the definition of research
methodology. The two broad and distinct approaches to social research cover the
Quantitative and Qualitative methods of enquiry.
Quantitative research has been characterized as the “science that silences too many voices”
since it relies heavily on remote, inferential empirical methods employed to extend and
reinforce certain kind of data, interpretations and test hypotheses across samples.
The qualitative paradigm on the other hand intends to gain a deeper understanding,
knowledge and insight into a particular situation or phenomenon, by providing answers to
questions of ‘how?’ rather than ‘what? Unlike qualitative research which occurs in natural
settings, quantitative research is where hypotheses are established.
Instrument:
A questionnaire survey was carried out to collect the empirical data in order to statistically
test the hypothesis. The individual responses were kept confidential in order to encourage
openness and disclosure. The demographic data collected included the areas from where the
customer belonged. This information was collected by the help of the open ended question in
the questionnaire. General instructions at the top of the instrument and specific instructions
were given at the beginning of the questions. The demographics about the respondents and
their professions were collected by questions at the end of the instrument.
A total of 14 questions were formulated into one single questionnaire to analyze the
objective of the case. A 5-point Likert scale was used to find the satisfaction level of the
customers regarding the major competitors.
The observation method involves human or mechanical observation of what people actually
do or what events take place during a buying or consumption situation. “Information is
collected by observing process at work.”
15
Service Stations-Pose as a customer, go to a service station and observe.
Super Market-Which is the best location in the shelf? Hidden cameras are used.
To determine typical sales arrangement and find out sales enthusiasm shown by
various salesmen-Normally this is done by an investigator using a concealed tape-
recorder.
If the researcher observes and record events, it is not necessary to rely on the
willingness and ability of respondents to report accurately.
To ensure the content validity, the survey instrument was pilot tested with 30 respondents
and the feedback from the same was incorporated into the study. The pilot tested
questionnaire was then filled by the respondents.
To ensure that all constructs have reliable questionnaire items, a reliability analysis was
conducted with the use of Cronbach Alpha Standards
Reliability Analysis:
The inter item reliability analysis is done to measure whether the scale used measures the
same item and on regular basis. As per the standards the more closer to 1 is the Cronbach
Alpha the better it is on by the scale. In this research paper leisure scale is used to measure
the use of internet for internet purpose and the Cronbach Alpha was measured.
16
Reliability Statistics
Cronbach' N of
s Alpha Items
.794 24
Here in this case the Cronbach Alpha is measured to be 0.794 and it is very close to 1. So the
scale is supposed to be reliable.
Sample design:
The sample was mainly focused on the HyperCITY customers which comprised of people
from different age groups, occupations etc. The customers helped us understand their views
regarding HyperCITY and its competitors.
Sampling method:
A convenience sample chooses the individuals that are easiest to reach or sampling that is
done easy. Convenience sampling is used in exploratory research where the researcher is
interested in getting an inexpensive approximation of the truth. As the name implies, the
sample is selected because they are convenient. This non probability method is often used
during preliminary research efforts to get a gross estimate of the results, without incurring
the cost or time required to select a random sample.
E = 0.20
Z = 1.96
N = 196
Ideally, the sample size could have been 196 to suffice, but we collected 191 samples.
17
Data Collection:
The questionnaire was pre -tested using responses from 30 customers (to ensure
questionnaire readability) and then data was collected from (191) respondents using a
structured questionnaire. The questionnaire contained questions relating to respondents'
demographic characteristics like age, gender, occupation etc. The instrument was tested for
appropriate words, sequence of sentences and ease of response format.
The various test applied on the data were the chi-square test, paired sampling t-test. Chi-
square test was carried on to derive the customer profile of the HyperCITY and its
competitors, whereas, the paired sample t-test was carried on to derive upon the satisfaction
levels of the customers and comparing parameters viz. price, offers, stock availability,
product range, customer associate knowledge, home delivery service of HyperCity with E-
Zone, Croma & Vijay Sales.
18
PHASE-1
OBJECTIVE
TO FIND OUT THE CUSTOMER PROFILE OF
HyperCITY VASHI Multimedia SECTION
19
Phase 1:
1) Frequency of customer visit in HyperCITY Vashi store in the last one month
Frequency of visits
53 52
2) Pie chart showing the percentage of the age group of customer visiting HyperCITY,
Vashi
20
Age group of customers visiting HyperCity
18-24 years 25-34 years
35-44 years 45-54 years
5%
13%
37%
45%
3) Pie chart showing the percentage of the occupation of customer visiting HyperCITY,
Vashi
6%
43%
51%
4) Pie chart showing the percentage of the Gender of customer visiting HyperCITY,
Vashi
21
Gender
Male Female
36%
64%
5) Bar chart showing the percentage of marital status of customer visiting HyperCITY,
Vashi
60
40
20
0
Married Single
6) Bar chart showing the income levels of customer visiting HyperCITY, Vashi
22
Income of customers
80
60
40
Count of customer
20
0
00 00 00 00 00
00 50
0
00
0
00
0
00
0
<3 1- 1 2 >2
0 0 0 1- 0 1-
30 5 00 00
10
7) Bar chart showing the newspapers frequently read by customer visiting HyperCITY,
Vashi
23
No.of times Ads viewed by customers
100
80
60
40 No.of times Ads viewed
by customers
20
0
ee
n es es es
ts it m it m it m
No 1-
3
4-
6
an
6
e th
or
M
9) Bar chart showing the number of customers who opted for an Extended Warranty
Extended warranty
140
120
100
80 Extended warranty
60
40
20
0
Yes No
10) Pie chart showing the number of customers who had Discovery Card
24
Discovery club card
Yes No
33%
67%
Mean
3.8
3.6
3.4
3.2
3 Mean
2.8
2.6
ic
e rs ge a il te
s e
Pr fe an av ia tim
of tr oc y
c ck s er
u sto as iv
od er el
pr m d
sto
cu
25
findings
26
CUSTOMER PROFILING OF HYPERCITY
1. Comparing the number of times the customer have visited Hypercity based on
Demographics
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 8.832a 6 .183
Likelihood Ratio 11.462 6 .075
Linear-by-Linear
.180 1 .671
Association
N of Valid Cases 191
a. 3 cells (25.0%) have expected count less than 5. The
minimum expected count is 2.77.
Hypothesis:
Ho: There is no significant difference in frequency of HyperCITY visit and different age
group of the customers.
27
H1: There is significant difference in frequency of HyperCITY visit and different age group
of the customers.
Analysis:
The Pearson Chi-square value is 0.183 which is greater than 0.05 hence we accept the Ho
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to HyperCity doesn’t depend on the age group of customer. The maximum visits
have been made by customers in the age group of 25-34 which is 45% followed by
customers in the age group of 18-24 which is 36.6%.Maximum customers have visited the
store 1-3 times in a month which is 43%.
28
B. Frequency of visit to HyperCity on the basis of Occupation:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 20.594a 4 .000
Likelihood Ratio 21.543 4 .000
Linear-by-Linear
18.048 1 .000
Association
N of Valid Cases 190
a. 2 cells (22.2%) have expected count less than 5. The
minimum expected count is 3.35.
Hypothesis:
H1: There is significant difference between the frequency of HyperCITY visits in a month
and the occupation of the customers.
Analysis:
The Pearson Chi-square value is 0.000 which is less than 0.05 hence we accept the H1
hypothesis and reject H0 hypothesis. Hence we conclude that the frequency of visit by
customer to HyperCity varies depending on the occupation of customer. The maximum visits
have been made by customers who are self employed(businessmen) which is 51.1% .
29
C. Frequency of visit to HyperCity on the basis of gender:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square .372a 2 .830
Likelihood Ratio .370 2 .831
Linear-by-Linear
.052 1 .820
Association
N of Valid Cases 190
a. 0 cells (.0%) have expected count less than 5. The
minimum expected count is 19.25.
Hypothesis:
H1: There is significant difference between the frequency of HyperCITY visits in a month
and gender
Analysis:
The Pearson Chi-square value is 0.830 which is greater than 0.05 hence we accept the H0
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to HyperCity doesn’t depend on the gender of customer. Though there is no
significant difference the maximum visit have been made by the male customers which is
around 63.7%.
30
D. Frequency of visit to HyperCity on the basis of age marital status:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square .348a 2 .840
Likelihood Ratio .347 2 .841
Linear-by-Linear
.003 1 .957
Association
N of Valid Cases 191
a. 0 cells (.0%) have expected count less than 5. The
minimum expected count is 22.75.
Hypothesis:
H1: There is significant difference between the frequency of HyperCITY visits in a month
and the marital status of the customers.
Analysis:
The Pearson Chi-square value is 0.840 which is greater than 0.05 hence we accept the Ho
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to HyperCity doesn’t depend on the marital status of customer. Though there is no
significant difference the maximum visit have been made by the married customers around
57.1%.
31
E. Frequency of visit to HyperCity on the basis of age area of residence:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 17.674a 8 .024
Likelihood Ratio 18.602 8 .017
Linear-by-Linear
.330 1 .566
Association
N of Valid Cases 188
a. 5 cells (33.3%) have expected count less than 5. The
minimum expected count is 1.94.
Hypothesis:
H0: There is no significant difference between the frequency of HyperCity visits in a month
and the area of residence of the customers.
32
H1: There is significant difference between the frequency of HyperCity visits in a month and
the area of residence of the customers.
Analysis:
The Pearson Chi-square value is 0.024 which is less than 0.05 hence we accept the H1
hypothesis and reject H0 hypothesis. Hence we conclude that the frequency of visit by
customer to HyperCity varies with their area of residence. Maximum customers who visit the
store resides within a radius of 0-2kms which is around 38.3% and followed by 2-4kms
radius which is around 37.2%
33
Customer satisfaction level on different parameter using Paired sample T-test
The parameter is price, offer, stock availability, customer assistance, product range, delivery
time. On each of this parameter the customer satisfaction level is checked for HyperCITY
1 . Price
Paired Samples Test
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair 1 HyperCITY's Price - Price -.455 1.326 .100 -.652 -.257 -4.548 175 .000
Std.
Std. Error
Mean N Deviation Mean
Pair 1 HyperCI
TY's 3.25 176 1.045 .079
Price-
Price 3.70 176 1.128 .085
Hypothesis:
Ho: There is no significance difference in HyperCITY pricing and the customers expectancy
of the price
H1: There is significance difference in HyperCITY pricing and the customers expectancy of
the price
Analysis:
The Sig.(2-tailed) value is 0.000 which is less than 0.05, therefore, we will support H1
hypothesis and reject Ho hypothesis.
The mean value for the customer price expectancy is 3.70 whereas,Hypercity price mean
value is 3.25.We can infer from this that the customer is not satisfied with HyperCity’s Price.
34
2 . Offers
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair 1 HyperCITY's Offer - offers -.392 1.348 .102 -.593 -.192 -3.859 175 .000
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's Offer 3.04 176 1.016 .077
1 offers 3.43 176 .960 .072
Hypothesis:
Ho: There is significance difference in offer of HyperCITY and the expectancy of offer.
H1: There is significance difference in offer of HyperCITY and the expectancy of offer.
Analysis:
The Sig.(2-tailed)value is 0.000 which is less than 0.05, therefore, we will support H1
hypothesis and reject Ho hypothesis.
There is a significant difference between the offer of the Hypercity and customer offer
expectancy. The mean value for the Hypercity offer is 3.04, whereas the customer offer
expectancy is 3.43.
3 .Product Range
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Stock
-.328 1.299 .098 -.520 -.135 -3.356 176 .001
1 Range - product range
35
Paired Samples Statistics
Std.
Std. Error
Mean N Deviation Mean
Pair 1 HyperCITY
's Stock 3.24 177 1.034 .078
Range
product
3.56 177 1.152 .087
range
Hypothesis:
Analysis:
Sig.(2-tailed)value is 0.001 which is less than 0.05, therefore, we will support H1 hypothesis
and reject Ho hypothesis. significant difference between the Hypercity product availability
and the customer stock expectancy. The mean value for the Hypercity stock range is 3.24
and the customer stock expectancy is 3.56.Which means customer is not satisfied with the
product range available in HyperCity.
4.Stock Availability
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Stock
-.277 1.536 .115 -.505 -.049 -2.397 176 .018
1 Availability - stock avail
Hypothesis:
Analysis:
Sig.(2-tailed)value is 0.018 which is less than 0.05, therefore, we will support H1 hypothesis
and reject Ho hypothesis There is a significant difference between the Hypercity stock
availability and the customer stock available expectancy .The mean value for Hypercity
stock range is 3.12 and the customer stock expectancy is 3.40.
5.Customer Assistance
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Customer
1 Associates - customer .292 1.641 .123 .049 .535 2.375 177 .019
associates
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's
3.32 178 .935 .070
1 Customer Associates
customer associates 3.03 178 1.251 .094
37
Hypothesis:
.Analysis:
Sig.(2-tailed)value is 0.019 which is less than 0.05, therefore, we will support H1 hypothesis
and reject Ho hypothesis. There is a significant difference between the Hypercity customer
assistance and the customer expectancy of the customer assistance.The mean value for
Hypercity customer assistance is 3.32 and the customer expectancy for the customer
assistance is 3.03.
6.Delivery time
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Delivery
-.693 1.726 .130 -.950 -.436 -5.328 175 .000
1 Time - delivery time
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's
2.89 176 1.282 .097
1 Delivery Time
delivery time 3.58 176 1.221 .092
Hypothesis:
H1: There is significance difference in home delivery standard of HyperCITY and customer
expectancy of home delivery standard.
Analysis:
. Sig.(2-tailed)value is 0.019 which is less than 0.05, therefore, we will support H1
hypothesis and reject Ho hypothesis.
38
. There is a significant difference between the Hypercity delivery system and the customer
expectancy of home delivery. The mean value for Hypercity is 2.89 whereas the customer
expectancy for home delivery is 3.58
39
PHASE 2
COMPETITOR CUSTOMER PROFILING
&
analysis
2. Comparing the number of times the customer have visited E-Zone based on
Demographics-
40
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 13.597a 9 .137
Likelihood Ratio 15.569 9 .076
Linear-by-Linear
2.162 1 .141
Association
N of Valid Cases 191
a. 7 cells (43.8%) have expected count less than 5. The
minimum expected count is .37.
Hypothesis:
H0: There is no significant difference between the frequency of E-Zone visits in a month and
the age of the customers.
H1: There is significant difference between the frequency of E-Zone visits in a month and
age of the customers.
Analysis:
The Pearson Chi-square value is 0.137 which is greater than 0.05 hence we accept the Ho
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to E-zone doesn’t depend on the age group of customer. The maximum visits have
been made by customers in the age group of 25-34 which is 45% followed by customers in
the age group of 18-24 which is 36.6%.Maximum customers have visited the store 4-6 times
in a month which is 38%.
41
B. Frequency of visit to E-Zone in last one month with respect to occupation:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 23.965a 6 .001
Likelihood Ratio 22.417 6 .001
Linear-by-Linear
13.475 1 .000
Association
N of Valid Cases 190
a. 6 cells (50.0%) have expected count less than 5. The
minimum expected count is .44.
Hypothesis:
H0: There is no significant difference between the frequency of E-Zone visits in a month and
the occupation of the customers.
H1: There is significant difference between the frequency of E-Zone visits in a month and
occupation of the customers.
Analysis:
The Pearson Chi-square value is 0.001 which is less than 0.05 hence we accept the H1
hypothesis and reject H0 hypothesis. Hence we conclude that the frequency of visit by
customer to E-zone varies depending on the occupation of customer. The maximum visits
have been made by customers who are self employed(businessmen) which is 51.1% and
followed by service men which is around 42.6%.
42
C . Frequency of visit to E-Zone in last one month with respect to gender:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 2.728a 3 .436
Likelihood Ratio 2.728 3 .435
Linear-by-Linear
2.506 1 .113
Association
N of Valid Cases 190
a. 2 cells (25.0%) have expected count less than 5. The
minimum expected count is 2.54.
Hypothesis:
H0: There is no significant difference between the frequency of E-Zone visits in a month and
gender of the customers.
H1: There is significant difference between the frequency of E-Zone visits in a month and
gender of the customers.
Analysis:
The Pearson Chi-square value is 0.436 which is greater than 0.05 hence we accept the H0
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to E-zone doesn’t depend on the gender of customer. Though there is no significant
difference the maximum visit have been made by the male customers around 63.7%.
43
D .Frequency of visit to E-Zone in last one month with respect to marital status:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 2.674a 3 .445
Likelihood Ratio 2.672 3 .445
Linear-by-Linear
.929 1 .335
Association
N of Valid Cases 191
a. 2 cells (25.0%) have expected count less than 5. The
minimum expected count is 3.01.
Hypothesis:
H0: There is no significant difference between the frequency of E-Zone visits in a month and
the marital status of the customers.
H1: There is significant difference between the frequency of E-Zone visits in a month and
the marital status of the customers.
Analysis:
The Pearson Chi-square value is 0.445 which is greater than 0.05 hence we accept the H0
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to E-zone doesn’t depend on the marital status of customer. Though there is no
significant difference the maximum visit have been made by the married customers around
57.1% and maximum visits made are 4-6 times around 38.2%.
44
3. Comparing the number of times the customer have visited Croma based on
Demographics:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 22.224a 9 .008
Likelihood Ratio 23.215 9 .006
Linear-by-Linear
3.493 1 .062
Association
N of Valid Cases 191
a. 5 cells (31.3%) have expected count less than 5. The
minimum expected count is .94.
Hypothesis:
H0: There is no significant difference between the frequency of Croma visits in a month and
the age of the customers.
H1: There is significant difference between the frequency of Croma visits in a month and the
age of the customers.
Analysis:
45
The Pearson Chi-square value is 0.008 which is less than 0.05 hence we accept the H1
hypothesis and reject H0 hypothesis. Hence we conclude that the frequency of visit by
customer to Croma varies depending on the age of customer. The maximum visits have been
made by customers in the age group of 25-34 which is around 45%
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 19.687a 6 .003
Likelihood Ratio 23.749 6 .001
Linear-by-Linear
.007 1 .932
Association
N of Valid Cases 190
a. 4 cells (33.3%) have expected count less than 5. The
minimum expected count is 1.14.
Hypothesis:
H0: There is no significant difference between the frequency of Croma visits in a month and
the occupation of the customers.
H1: There is significant difference between the frequency of Croma visits in a month and the
occupation of the customers.
Analysis:
The Pearson Chi-square value is 0.003 which is less than 0.05 hence we accept the H1
hypothesis and reject H0 hypothesis. Hence we conclude that the frequency of visit by
customer to Croma varies depending on the occupation of customer. The maximum visits
46
have been made by customers who are self employed(businessmen) which is 51.1% .out of
all three groups the businessmen visited more than 6 times a month accounting to 57.8%
47
C.Frequency of visit to Croma in last one month with respect to gender:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 4.062a 3 .255
Likelihood Ratio 4.037 3 .258
Linear-by-Linear
1.030 1 .310
Association
N of Valid Cases 190
a. 0 cells (.0%) have expected count less than 5. The
minimum expected count is 6.54.
Hypothesis:
H0: There is no significant difference between the frequency of Croma visits in a month and
the gender of the customers.
H1: There is significant difference between the frequency of Croma visits in a month and the
gender of the customers.
Analysis:
The Pearson Chi-square value is 0.255 which is greater than 0.05 hence we accept the Ho
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to Croma doesn’t depend on the gender of customer. Though there is no significant
difference the maximum visit have been made by the male customers around 63.7%.Also the
frequency of visits by men are more as compared to women in terms of times they have
visited.
1-3 times-66.7%
4-6 times-56.9%
More than 6 times-71.7%
48
D.Frequency of visit to Croma in last one month with respect to marital status:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 6.035a 3 .110
Likelihood Ratio 6.109 3 .106
Linear-by-Linear
5.820 1 .016
Association
N of Valid Cases 191
a. 0 cells (.0%) have expected count less than 5. The
minimum expected count is 7.73.
Hypothesis:
H0: There is no significant difference between the frequency of Croma visits in a month and
the marital status of the customers.
H1: There is significant difference between the frequency of Croma visits in a month and the
marital status of the customers.
Analysis:
The Pearson Chi-square value is 0.110 which is greater than 0.05 hence we accept the Ho
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to Croma doesn’t depend on the marital status of customer. Though there is no
significant difference the maximum visit have been made by the married customers around
57.1%.
49
4. Comparing the number of times the customer have visited Vijay sales based on
Demographics
A.Frequency of visit to Vijay sales in last one month with respect to age
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 11.685a 9 .232
Likelihood Ratio 13.560 9 .139
Linear-by-Linear
3.623 1 .057
Association
N of Valid Cases 191
a. 5 cells (31.3%) have expected count less than 5. The
minimum expected count is 1.41.
Hypothesis:
H0: There is no significant difference between the frequency of Vijay sales visits in a month
and the age of the customers.
H1: There is significant difference between the frequency of Vijay sales visits in a month
and the age of the customers.
Analysis:
50
The Pearson Chi-square value is 0.232 which is greater than 0.05 hence we accept the H0
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to Vijay Sales doesn’t depend on the age group of customer.
51
B.Frequency of visit to Vijay sales in last one month with respect to occupation:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 16.974a 6 .009
Likelihood Ratio 16.149 6 .013
Linear-by-Linear
3.826 1 .050
Association
N of Valid Cases 190
a. 4 cells (33.3%) have expected count less than 5. The
minimum expected count is 1.71.
Hypothesis:
H0: There is no significant difference between the frequency of Vijay sales visits in a month
and the occupation of the customers.
H1: There is significant difference between the frequency of Vijay sales visits in a month
and the occupation of the customers.
Analysis:
The Pearson Chi-square value is 0.009 which is less than 0.05 hence we accept the H1
hypothesis and reject H0 hypothesis. Hence we conclude that the frequency of visit by
customer to Vijay Sales varies depending on the occupation of customer. The maximum
visits have been made by customers who are self employed(businessmen) which is 51.1%
.businessmen have visited more than 6 times around 51.9% and servicemen have visited 4-6
times more compared to others around 55%.
52
C. Frequency of visit to Vijay sales in last one month with respect to gender:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 4.159a 3 .245
Likelihood Ratio 4.265 3 .234
Linear-by-Linear
.891 1 .345
Association
N of Valid Cases 190
a. 0 cells (.0%) have expected count less than 5. The
minimum expected count is 9.81.
Hypothesis:
H0: There is no significant difference between the frequency of Vijay sales visits in a month
and the gender of the customers.
H1: There is significant difference between the frequency of Vijay sales visits in a month
and the gender of the customers.
Analysis:
The Pearson Chi-square value is 0.245 which is greater than 0.05 hence we accept the Ho
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to Vijay Sales doesn’t depend on the gender of customer. Though there is no
significant difference the maximum visit have been made by the male customers around
63.7%. Also the frequency of visits by men are more as compared to women in terms of
times they have visited.
53
D.Frequency of visit to Vijay sales in last one month with respect to marital status:
Crosstab
Chi-Square Tests
Asymp. Sig.
Value df (2-sided)
Pearson Chi-Square 3.902a 3 .272
Likelihood Ratio 3.896 3 .273
Linear-by-Linear
.247 1 .619
Association
N of Valid Cases 191
a. 0 cells (.0%) have expected count less than 5. The
minimum expected count is 11.59.
Hypothesis:
H0: There is no significant difference between the frequency of Vijay sales visits in a month
and the marital status of the customers.
H1: There is significant difference between the frequency of Vijay sales visits in a month
and the marital status of the customers.
Analysis:
The Pearson Chi-square value is 0.272 which is greater than 0.05 hence we accept the H0
hypothesis and reject H1 hypothesis. Hence we conclude that the frequency of visit by
customer to Vijay Sales doesn’t depend on the marital status of customer. Though there is no
significant difference the maximum visit have been made by the married customers around
57.1%.Number of married customers who have visited 4-6 times in a month accounts to
around 63.9%
54
T-Test Carried to find which store if performing better when compared with
HyperCity on parameters like price,offers,stock availability,product range,customer
associate and home delivery
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Offer
-.408 1.466 .113 -.631 -.186 -3.622 168 .000
1 - Croma Offer
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's Offer 3.03 169 1.008 .078
1 Croma Offer 3.44 169 1.017 .078
Hypothesis:
Analysis:
The sig.(2-tailed) value is 0.000 which is less than 0.05 we accept H1 hypothesis and reject
H0 hypothesis i.e. there is significant difference in the offers provided by both the stores.
The mean value of HyperCity’s offer is 3.03 which is less than mean value of Cromas offer
3.44
From this we can infer that customer prefers Croma offer more over HyperCity’s.
55
2.HyperCity’s stock availability Vs E-Zones Stock availability
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Stock
1 Availability - -.257 1.219 .093 -.441 -.073 -2.760 170 .006
E-zone Availability
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's
3.10 171 1.015 .078
1 Stock Availability
E-zone Availability 3.36 171 1.066 .082
Hypothesis:
Ho: There is no significant difference in HyperCity Stock availability and E-Zones Stock
availability.
H1: There is significant difference in HyperCity Stock availability and E-Zones Stock
availability.
Analysis:
The sig.(2-tailed) value is 0.006 which is less than 0.05 we accept H1 hypothesis and reject
H0 hypothesis i.e. there is significant difference in the Stock availability of both the stores.
The mean value of HyperCity’s offer is 3.10 which is less than mean value of Cromas offer
3.36
From this we can infer that E-Zones Stock availability is better than HyperCity Stock
availability
56
3.HyperCity Delivery Vs Croma Delivery
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Delivery
1 Time - Croma -.418 1.510 .116 -.646 -.189 -3.606 169 .000
Delivery Time
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's Delivery
2.91 170 1.286 .099
1 Time
Croma Delivery Time 3.33 170 .922 .071
Hypothesis:
The sig.(2-tailed) value is 0.000 which is less than 0.05 we accept H1 hypothesis and reject
H0 hypothesis i.e. there is significant difference in the delivery promise provided by both the
stores.
The mean value of HyperCity’s offer is 2.91 which is less than mean value of Cromas offer
3.33
From this we can infer that delivery process of Croma better than HyperCity’s.
57
4.HyperCity’s Stock availability Vs Vijay sales Stock availibility
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Stock
1 Availability - VSP's -.228 1.400 .108 -.441 -.014 -2.100 166 .037
Stock Availability
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's Stock
3.10 167 .995 .077
1 Availability
VSP's Stock Availability 3.32 167 .933 .072
Hypothesis:
Ho: There is no significant difference in HyperCity Stock availability and Vijay sales Stock
availability.
H1: There is significant difference in HyperCity Stock availability and Viajy sales Stock
availability.
Analysis:
The sig.(2-tailed) value is 0.037 which is less than 0.05 we accept H1 hypothesis and reject
H0 hypothesis i.e. there is significant difference in the Stock availability of both the stores.
The mean value of HyperCity’s offer is 3.10 which is less than mean value of Cromas offer
3.32
From this we can infer that Vijay sales Stock availability is better than HyperCity Stock
availability
58
5.HyperCity’s price Vs E-Zone’s Price
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Price
-.306 1.558 .119 -.542 -.070 -2.560 169 .011
1 - E-zone Price
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's Price 3.26 170 1.051 .081
1 E-zone Price 3.56 170 1.156 .089
Hypothesis:
Analysis:
The sig.(2-tailed) value is 0.011 which is less than 0.05 so we accept H1 hypothesis and
reject H0 hypothesis i.e. there is significant difference in the Price offered by both the stores.
The mean value of HyperCity’s offer is 3.26 which is less than mean value of E-Zone’s offer
3.56
From this we can infer that E-Zone’s prices are better than HyperCity’s
59
6.HyperCity’s price Vs Vijay Sale’s Price
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's
.114 1.318 .102 -.088 .317 1.118 165 .265
1 Price - VS's Price
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's Price 3.27 166 1.028 .080
1 VS's Price 3.15 166 .919 .071
Hypothesis:
Ho: There is no significant difference in HyperCity Price and Vijay sale’s Price.
H1: There is significant difference in HyperCity Price and Vijay Sale’s Price.
Analysis:
The sig.(2-tailed) value is 0.265 which is more than 0.05 so we accept H0 hypothesis and
reject H1 hypothesis i.e. there is no significant difference in the Price offered by both the
stores.
The mean value of HyperCity’s offer is 3.27 which is less than mean value of Vijay
sales’offer 3.15
Though there is no significant difference still we can say that customers have rated better for
HyperCity’s price than Vijay sales’.
60
7.HyperCity’s product range Vs Vijay Sale’s product range
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Stock Range
.048 1.256 .097 -.144 .239 .491 167 .624
1 - VSP's Stock Range
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's Stock Range 3.19 168 1.026 .079
1 VSP's Stock Range 3.14 168 .877 .068
Hypothesis:
Ho: There is no significant difference in HyperCity Product range and Vijay sale’s Product
range.
H1: There is significant difference in HyperCity Product range and Vijay Sale’s Product
range.
Analysis:
The sig.(2-tailed) value is 0.624 which is more than 0.05 so we accept H0 hypothesis and
reject H1 hypothesis i.e. there is no significant difference in the Product range offered by
both the stores.
The mean value of HyperCity’s offer is 3.19 which is less than mean value of Vijay
sales’offer 3.14
Though there is no significant difference still we can say that customers have rated better for
HyperCity’s range of products than Vijay sales’.
61
7.HyperCity’s CSA knowledge Vs Vijay Sale’s CSA knowledge
Paired Differences
95% Confidence
Interval of the
Std. Error Difference
Mean Std. Deviation Mean Lower Upper t df Sig. (2-tailed)
Pair HyperCITY's Customer
1 Associates - VSP's .018 1.307 .101 -.181 .216 .177 168 .860
Customer Associates
Std. Error
Mean N Std. Deviation Mean
Pair HyperCITY's
3.28 169 .940 .072
1 Customer Associates
VSP's Customer
3.27 169 1.009 .078
Associates
Hypothesis:
Ho: There is no significant difference in HyperCity CSA Knowledge and Vijay sale’s CSA
Knowledge.
H1: There is significant difference in HyperCity CSA Knowledge and Vijay Sale’s CSA
Knowledge.
Analysis:
The sig.(2-tailed) value is 0.860 which is more than 0.05 so we accept H0 hypothesis and
reject H1 hypothesis i.e. there is no significant difference in the Product range offered by
both the stores.
The mean value of HyperCity’s offer is 3.28 which is less than mean value of Vijay
sales’offer 3.27
Though there is no significant difference still we can say that customers have rated better for
HyperCity’s CSA knowledge than Vijay sales’.
62
Phase 3
Objectives:
Weekly sales and target in Multimedia Section ,Vashi from 3rd May -25th July
63
1 514000 384000 -25% 3rd May - 9th May
1000000
800000
600000
Sales
400000 Target
200000
0
1 2 3 4 5 6 7 8 9 10 11 12
64
Before joining the HyperCITY multimedia department,the department didn’t meet the
targets. In April the target achievement was just 92% of the given target. But in month of
May, June, July the department achieved its target. Hypercity Vashi takes an initiative to
celebrate CDIT week which was from 28th june -4th of july
In this week without any additional help the team decided to increase the sales atleast 30%
above the target. During this week the customer service desk regularly kept announcing the
product range available in CDIT section, the offers that is given by the Hypercity.
The CSA standing at checkout counter directed the customer towards the CDIT
section,communicating the offers properly. The trolley boy told the customer about the
CDIT section while assisting him.
Result :
The result of the CDIT week was really very surprising and motivating. The week before
CDIT focus week we were not able to achieve the target and were short by 7%.but during the
CDIT focus week we achieved the target by a whopping 10%.the CDIT week was a total
success.
It was decided very earlier that we are not going to take the help of marketing team and the
VM team who takes care of internal promotion of the store.
The main reason behind the success were not leaving any of customer alone,attending each
and every customer and helping them out buying the product. If we really attend the
customer the chances of the conversion increases and that was proved.
The store operation makes sure about the inventory of the product in order to reduce the loss
of sale.
65
The above graph shows the monthly sales of multimedia section which clearly shows that in
each of the three months May-July targets were achieved.
Loss of Sales
66
LEARNINGS
Process
This section will brief on various processes on which I got a hands-on experience while my
three months stint with HyperCity.
67
Global Count:
Global count is done to ensure there is no mismatch in the quantity of products in hand and
in the MMS (Merchandise Management System).in multimedia section Global count is done
for the Mp3 players/Ipods on a daily basis twice ,before opening of the store and during
closing of the store.
Price Checker:
This is done to ensure that the barcode and shelf edge on/for the respective product correctly
displays the latest HCP(HyperCity Price)which is cross-checked from the MMS.A report is
generated which gives list of errors if any. The report is duly signed by the service manager
after all the listed errors are rectified, which is done by preparing a new barcode and shelf
edge label.
Sometimes the products has to be sent to the vendor back following few reasons viz.
defective product, products that are not moving etc. This process includes creating a memo
called return to vendor book memo(RTBM) which lists the name of the product its SKU no. ,
quantity and the reason stating why it is returned duly signed by the service manager
followed by a cross checking done by the person from the receiving end who signs the memo
before handing it over to the vendor.
MERCHANDISING
1) End to end merchandising:
This is one of the standard rule of merchandising which hyperCITY follows it
basically cover few important points like:
68
It should always start from left.
The height of the product should be placed in the increasing order.
There should be no space or minimum space between the products. Space should be
utilized in best possible manner.
2) Ticketing:
Ticketing is nothing but the display of the FAB (feature attributes and benefits), shelf
edge,talker etc.
3) Shelf Talker:
Shelf talker as the name suggests it talks (describes) about features and benefits of product
also displays the price of the product.
It is similar to shelf talker only difference is that it is for products that are not displayed on
shelf or racks.
5) Cross merchandising:
69
The research indicated that customers are not very satisfied with the offers so provide
better offers.
Make the customers aware of the benefits of loyalty card.
Revamp the delivery process.
The research has indicated that stock unavailability is a major problem faced by
HyperCity,proper solution or way must be designed to avoid such situations.
Customers must benefit through the loyalty card,by providing a mere Rs.100/- off on
LCD television for card holders doesn’t server the purpose.
HyperCity has an edge over it competitors namely Croma, and Vijay sales with
respect to the location.Accessibility by both roadways and railways is much
convenient to HyperCity and must use it to the full core.
Though customer associates have fair knowledge about the products a complete
knowledge is the need of the hour.Giving in to the queries of customer will eventually
lead to loss of sale and more worse is an unsatisfied customer.
Be customer centric ,understand what a customer needs and serve them.
Latest product should be available.
Tie ups with more banks to provide better financing options to wide range of
customers.
CONCLUSION
70
The main aim of the project was to understand the customer behavior while buying high-end
consumer durable products,it can be concluded that though the influencer can be any one
from the family the decider and buyer is the working member of the family which can be
substantiated by the figures obtained from the research ,121 males out of 191 out of which
109 is either serviceman or self employed.
Also understood that price is the most important parameter what a customer looks for first
followed by delivery time/process and product range. So if HyperCity can mend its pricing
policy a bit it can emerge as best place to shop for the white goods.
Bibliography
71
Business: Unshackling the chain stores; Retailing in India. ( 2008, May 31). The Economist ,
p. 80.
Morganosky, M. (1997). Retail Market Structure Change: Implications for Retailers and
Consumers. International Journal of Retail & Distribution Management , 269-274.
Padmanabhan. (2009). India retail: Foreign chains eye the potential, but will they succeed?
INSEAD Article.
Shamdasani, P. (June 2004). Small Retailers Will Survive, The Wal-Marts: Shamdasani.
ISBinsight .
Why hypermarts are a hit in India. (2006, September 15). Retrieved from Rediff:
http://www.rediff.com/money/2006/sep/15spec.htm
72
QUESTIONNAIRE
Queno:............................
Section:...........................
Q.1How often have you visited the following stores in the last one months?
Hypercity
E-Zone
Croma
Vijay sales
Q.2Rate these stores or electronic sections of the stores based on your satisfaction along
the following parameters ( 1-very bad, 2-bad, 3-average, 4-good, 5-excellent, 0 -did
not ever buy at this store)
Price
Offers
Product Range
Stock availability
Customer
Associates
helpfulness
Delivery time
Q.3Rate these parameters based on how important they are to you ( 1-not at all imp, 2-
not imp, 3-neither, 4-important, 5-very imp)
73
Price 1 2 3 4 5
Offers 1 2 3 4 5
Product Range 1 2 3 4 5
Stock 1 2 3 4 5
availability
Customer 1 2 3 4 5
Associates
helpfulness
Delivery Time 1 2 3 4 5
Q.5 How many times have you noticed Hypercity advertisements in the newspaper in
the last 6 months?
Q.6 Have you made any purchases from our (HyperCITY, Vashi) electronics section ?
No (please discontinue)
74
Q.8 Please indicate your area of residence
75