Professional Documents
Culture Documents
This is to certify that I, A Sivaram have completed the Project titled “Customer
Satisfaction towards Big Bazaar” under the guidance of Internal Guide Dr. Neelam
Tandon in the partial fulfillment of the requirement for the award of degree of PGDM
from JIMS, Kalkaji, New Delhi.
This information is used for academic work only. Any resemblance of existing work is
purely coincidental and it has not been submitted elsewhere.
A Sivaram
64/PGDMB/KJ/2018
CONTENTS
S.no. Description Page
no.
1 Acknowledgement 4
2 Executive Summary 5
9 Appendices
58
Bibliography
58
Questionnaire
59-67
Acknowledgement
I would like to express my heartfelt gratitude to our chairman DR. AMIT GUPTA,
JAGANNATH INTERNATIONAL MANAGEMENT SCHOOL, KALKAJI for the extension
of the college facilities which enabled me to complete this project.
I feel obliged to our Director DR. J.K BATRA, for his support and encouragement.
I owe my achievement to the inspiration and kind guidance to respected Dr. Neelam
Tandon, Lecturer and my Internal Guide for her constant encouragement and guidance
throughout the dissertation project without which this project would not have been
successfully possible.
For the completion of this project report, various people have put in their efforts. I would
like to thank and appreciate all the employees of Big Bazaar for their supportive attitude
and for answering my queries which helped me in better understanding of the different
aspects of the retail outlets.
A Sivaram
64/PGDMB/KJ/2018
CHAPTER-1
INTRODUCTION
INTRODUCTION
Most companies say that they believe in great customer service, but few set up a system to
ensure that they provide it. To deliver excellent customer service takes both understanding what
your customers want and the way to see that they receive it.
It is widely accepted that it is almost five times more profitable to sell to an existing customer than
to find a new customer. More important, the difference between satisfied customers and very
satisfied customers can make a big difference in customer repeat business and the profits.
Measuring client satisfaction is very important and distinguishing between degrees of satisfaction
by using customer surveys is crucial.
Measuring Customer Satisfaction
There are several ways to gather input from customers. The simplest way to find out how
customers feel and what they want is to ask them. If you have only 20 customers, you
can talk to each one personally. The advantage of this approach is that you'll get a
personal "feel" for each customer.
The disadvantage is that you'll gather different information from each customer
depending on how the conversation goes.
Customer surveys with standardized survey question insure that you will collect the same
information from everyone. Remember that few of your customers will be interested in
"filling out a questionnaire". It's work for them without much reward. By launching a
customer survey as an attempt to find out "how we can serve you better" -- your
customers will feel less put upon.
Here are a few of the possible dimensions that one could measure:
Quality of product
Pricing
Offers and discounts
Staff’s behavior
Complaints or problems
Billing experience
Security’s behavior
Store’s ambience & cleanliness
Overall experience in store
COMPANY PROFILE
Industry Insight - Indian Retail Industry
The retail sector in India is witnessing a huge revamping exercise as traditional markets
make way for new formats such as departmental stores, hypermarkets, supermarkets
and specialty stores. Western-style malls have begun appearing in metros and second-
rung cities alike introducing the Indian consumer to a shopping experience like never
before.
INNOVATIONS:
Wednesday Bazaar -Big Bazaar introduced the Wednesday Bazaar concept and promoted it as
“Hafte Ka Sabse Sasta Din”. It was mainly to draw customers to the stores on Wednesdays, when
least number of customers is observed. According to the chain, the aim of the concept is "to give
homemakers the power to save the most and even the stores in the city don a fresh look to make
customers feel that it is their day".
Sabse Sasta Din- With a desire to achieve sales of Rs 26crores in a one single day, Big Bazaar
introduced the concept of "Sabse Sasta Din". The idea was to simply create a day in a year that truly
belonged to Big Bazaar. This was launched on January 26, 2006 and the result was exceptional that
police had to come in to control the mammoth crowd. The concept was such a huge hit that the offer
was increased from one day to three days in 2009 (24 to 26 Jan) and to five days in 2011 (22-26
Jan).
Maha Bachat- Maha Bachat was started off in 2006 as a single day campaign with attractive
promotional offers across all Big Bazaar stores. Over the years it has grown into a 6 days biannual
campaign. It has attractive offers in all its value formats such as Big Bazaar, Food Bazaar,
Electronic Bazaar and Furniture Bazaar - catering to the entire needs of a consumer.
The Great Exchange Offer-On February 12, 2009 Big Bazaar launched "The Great Exchange
Offer", through with the customers can exchange their old goods in for Big Bazaar coupons. Later,
consumers can redeem these coupons for brand new goods across the nation.
CHAPTER -2
REVIEW OF LITERATURE
REVIEW OF LITERATURE
Customer satisfaction
However, although the customer-centered firm seeks to deliver high customer satisfaction
relative to competitors, it does not attempt to maximize customer satisfaction.
A company can always increase customer satisfaction by lowering its price or increasing its
services. But this may result in lower profits. Thus, the purpose of marketing is to generate
customer value profitability. This requires a very delicate balance: The marketer must continue
to generate more customer value and satisfaction but not “give away the house.”
“The gulf between satisfied customers and completely satisfied customers can swallow a business.”
Customer
The question of defining who your customers are seems fairly easy particularly if you have
segmented your market properly and understand who you are trying to satisfy. However
subtlety that frequently goes undetected by many firms is that is that customer set can be
divided into two parts, the apparent customer and the user. The apparent customer is the
person or group of people who decide what product to buy and basically have control over the
purse strings. The user is a person or group who physically uses the product or is the direct
recipient of a service.
Satisfaction
As in defining customer above, defining satisfaction also appears simple. However as with
customer there is a subtlety that needs addressing. Satisfaction by most definitions simply
means meeting the customer’s requirement.
Customer satisfaction is a concept that more and more companies are putting at the heart of
their strategy, but for this to be successful they’re needs to be clarity about, what customer
satisfaction means and what needs to happen to drive improvement. Without this, there is a
risk that customer satisfaction becomes little more than a good intention, with confused
objectives failing to address the real issues for customers, one helpful way to look at the
problem is to rephrase the objectives: set the sights on helping the customers meet their
goals.
Customer satisfaction can be defined in many different ways. Finding the right way for a
company depends on understanding your customer and on having a clear vision of the role
that customer satisfaction is to play in the strategy. For example, a focus on customer
satisfaction can work alongside existing segmentations to support revenue generation from
high value customers or it can be a company-wide objective rooted in the brand values. For
the former, it may be sufficient to focus on improving customer service, but for the latter a
broader definition of customer satisfaction is necessary, closer akin to corporate reputation.
Whatever the strategy for customer satisfaction, it must at least include getting the basics
right. Failing to achieve this can destroy the reputation as well as losing valuable customers.
Every customer, regardless of their economic worth to the business, has the power to
influence – positively or negatively – a company’s reputation. Once the objectives for the
customer satisfaction strategy are defined there are a number of steps we can take to make
sure the focus on customer satisfaction is effective.
With the increase in customer’s demands and competition it has become a lot more important
to base the entire company on customer service. When doing this one must first realize that
every member of an organization plays an active role in customer service. This includes both
external customers and internal customers within a company.
Customer focused organizations focus both on customer satisfaction and profit. Achieving
customer satisfaction generates the profit. In these organizations top management has
frequent contacts with external customers. The top management uses consultative,
participative, and supportive management styles to get through to the customer. The staff
focuses all of its attention on satisfying the customer’s needs. However, the management’s job
is to provide the staff with support necessary to achieve these goals. The other department
and staff in the organization that do not have direct contact with the external customers deal
exclusively with internal customer satisfaction.
RESEARCH REVIEW
Instead of asking whether customers are satisfied, they encourage companies to determine
how customers hold them accountable
As a potential solution to the factor 10/20 vision system level improvements have to be made,
contrary redesigning individual products or processes (Weterings and Opschoor 1992; Vergragt
and Jansen 1993; von Weizsäcker, Lovins et al. 1997; Ryan 1998; Manzini 1999; Brezet, Bijma
et al. 2001; Ehrenfeld and Brezet 2001).
For more than a decade now, a range of studies that address environmentally sound consumer
behaviour, e.g. car use, waste sorting, minimization and recycling practices have been
conducted. However, few studies evaluated consumer acceptance of the PSS concept – a
consumption based on non-ownership of physical products, see, for example, studies on car
sharing schemes (Schrader 1999; Meijkamp 2000), ski rental and washing services (Hirschl,
Konrad et al. 2001).
(Anderson, Fornell and Mazvancheryl, 2004) Therefore a firm should concentrate on the
improvement of service quality and charge appropriate fair price in order to satisfy their
customers who would ultimately help the firm to retain its customers (Gustafsson, Johnson
and Roos, 2005).
It is a common phenomenon that the services a brand offers and the price it charges actually
determine the level of satisfaction among its customers, than any other measure (Turel et al.
2006).
Customer’s involvement is also important as when buyer consider the product important and
invests time to seek information then it ultimately enhances the satisfaction level (Russell-
Bennett, McColl Kennedy and Coote, 2007). This satisfaction may influence the concerned
company by repurchase, purchase of more products, positive word of mouth and willingness
of customer to pay more for the particular brand. Any business is likely to lose market share,
customers and investors if it fails to satisfy customers as effectively and efficiently as its
competitors is doing (Anderson, Fornell, and Mazvancheryl, 2004).
According to Kotler and Armstrong (2010) price is the amount of money charged for a product
or service, or the sum of the values that customers exchange for the benefits of having or
using the product or service while Stanton, Michael and Bruce (1994) defined price as the
amount of money or goods needed to acquire some combination of another manufacturing
and its companying services.
But the marketing literature showed researchers’ inclination towards price fairness in relation
with customer satisfaction (Hermann et al., 2007; Kukar-Kinney, Xia and Monroe, 2007;
Martin-Consuegra, Molina and Esteban, 2007). Price fairness refers to consumers’ assessments
of whether a seller’s price is reasonable, acceptable or justifiable (Xia et al., 2004; Kukar-
Kinney, Xia and Monroe, 2007). Price fairness is a very important issue that leads toward
satisfaction. Charging fair price helps to develop customer satisfaction and loyalty.
Research has shown that customer’s decision to accept particular price has a direct bearing at
satisfaction level and loyalty and indirectly (Martin- Consuegra, Molina and Esteban, 2007). In
another study of Herrmann et al., (2007), it was concluded that customer satisfaction is
directly influenced by price perceptions while indirectly through the perception of price
fairness. The price fairness itself and the way it is fixed and offered have a great impact on
satisfaction.
CHAPTER-3
RESEARCH
METHODOLOGY
CHAPTER – 4
1. PRIMARY DATA
There are several methods of collecting primary data particularly in surveys and
descriptive researches. Important ones are as follows:
1. Observation Method
2. Interview Method
3. Questionnaire
4. Schedules and
5. Other methods which include
Warranty needs
Distributor audits
Pantry audits
Consumer panels
Using mechanical devices
Through projective techniques
In depth interviews and
1) OBSERVATION METHOD:
It is the most commonly used methods especially in studies relating to behavioral
sciences. This method implies the collection of information by way of investigators own
observation, without interviewing the respondents. The information obtained relates to
what is currently happening and is not complicated by either the past behavior or future
intentions or attitudes of respondents.
2) INTERVIEW METHOD
The interview method of collecting data involves presentation of oral, verbal
stimuli and reply in terms of oral-verbal responses. This method can be used through
personal interview and, if possible, through telephone interview.
Personal Interview
3) QUESTIONNAIRE
The researcher and the respondents do come in contact with each other if this
method of survey is adopted. Questionnaires are mailed to the respondents with a request
to return after completing the same. It is the most extensively used method in various
economic and business surveys & research. Questionnaire to be used must be prepared
very carefully so that it may prove to be effective in collecting the relevant information.
Structured questionnaire
Sampling:
A non-probability conclusive sampling method was used in the study for data
collection.
Sample size:
The sample was taken from the universe on random sampling basis in Hyderabad.
The sample size designed for this project is 100 keeping in mind the paucity of time and
also the customer base of the organization in the research area.
Research Methodology
Secondary data
It is the data already existing, which has gone through some standard analysis.
Under the secondary data, the company’s annual reports, brouchers, pamphlets,
newspapers, journals and internet were taken into consideration.
1) How did you come to know about BIG BAZAAR products?
22%
30%
28%
20%
Interpretation:
30% of the respondents came to know about BIG BAZAAR products from
hoardings while 28% of the respondents came to know from print media and electronic
media was assumed by 22% of the respondents. A small significant 20% of the
respondents replied that road shows have helped them in understanding BIG BAZAAR
products
2) So how regular are you to BIG BAZAAR?
4%
23%
0-6 months
36%
6-12 months
1-2 years
More than 2 years
37%
Interpretation:
From the above table it is seen that 37% of the respondents have been using BIG
BAZAAR products for past one year. While 36% have been using it for more than 1 year,
and a significant 23% of respondents have been using the service for less than six
months. Only 4% of the respondents have been using BIG BAZAAR products for more
than 2 –years.
Kind of service:
13%
27%
Dairy
Retail
Agri
60%
Interpretation
From the above table it can be seen that 60% of them are using retail services,
while 27% are using Dairy services, and the remaining 13% are using Agri services.
4) What is the reason for choosing these service?
24% 20%
Less price
Quality service
Brand image
56%
Interpretation
From the above table it is shown that 56% of the respondents are citing quality of
service as the factor. While 24% cited brand image as the reason for choosing the service.
As far as price is concerned only 20% of the respondents have quoted it as the reason for
choosing this service.
5) Which department gives the best offers?
13%
4%
Convenience
Economical
53%
Security
Features
30%
Interpretation
In today’s busy world convenience seems to be the most overriding factor while
preferring a cellular service. It is clear that 53% of the respondents have preferred this
service due to easy & hands free availability, making it convenient to use it. On the other
hand 30% have said economy of the service, while 13% of the respondents have given
features as their choice. While a meager 4% of the said security as the reason for
10%
0%
5%
Yes No
To some extent Can’t say
85%
Interpretation:
From the above table it is clear that 85% of the respondents are satisfied with the
quality of service while a significant number i.e., 10% of the respondents couldn’t say
anything and 5% of the respondents replied they are not satisfied with the quality of
service.
7) Have you faced any problem at the time of purchase & usage?
Facing of problems:
10 9
0 0
90
80
70
60
50
40
30
1
20
0
10
0 YesNo
Interpretation:
The above table indicates that at the time of activation only 10% of the
respondents have faced problem with company, and 90% of the respondents have not
8) Who has influenced you, in purchase decision towards BIG BAZAAR Product?
No. of respondents Percentage
Colleagues 25 25%
Friends 60 60%
Family members 15 15%
Others 0 0%
Total 100 100%
0%
15%
25%
Colleagues
Friends
Family members
Others
60%
Interpretation:
From the above table it is shown that 60% of the respondents were influenced by
60
60
50
40
40
30
20
10 40%60%
0
1 2
Yes 40 40%
No 60 60%
Interpretation:
The above table is indicating that, from the total respondents of the survey 40%
respondents are aware of the customer program , and the remaining 60% respondents are
completely unaware of this statement, due to lack of communication from the company.
80
60 At showrooms
On delivery
40
20
0 100%0%
0
1 2
Interpretation:
It is clear from the above analysis that the respondents have to pay their post paid
bills at the True-Paid shops only. So 100% of the respondents pay at their dealer outlets
only.
11) Do you prefer online-billing counters for your bill payment like counters
of ATM’s?
1%
Yes No
99%
Interpretation:
Of the 100 respondents surveyed 99% of them prefer online counters for their
bills payments as it saves their time & effort, and only 1% of the respondents are not
12) How do you feel about the pricing of BIG BAZAAR services as compared
with other?
100 96
80
Expensive
60
Competitive
Can’t say
40
20
4
0
0
1
Interpretation:
The feelings of customers of BIG BAZAAR about the pricing of the services is,
96% of them are satisfied and feel the prices are comparable with others and 4% of them
are not satisfied with the pricing of the company as they feel the prices are not
competitive enough.
10% 0%
Yes No
To some extent
90%
Interpretation:
With the above analysis, from the 100 respondents, only 10% are satisfied with
the time given to them for payment of bills, and the remaining 90% of respondents are
Interpretation:
The above table indicates that the BIG BAZAAR services of retail services are
easily available in urban areas; this is clarified from 100 respondents surveyed.
0%
Yes No
100%
Interpretation:
From the above analysis it is clear that 100% of the respondents are feeling happy
and feel the home delivery facility is sufficient and convenient to them.
16) Do you feel that the instruments being provided along with the
services is ok or you want a change (as per choice)?
10%
90%
Interpretation:
From the above table it is clear that 90% of the total 100 respondents don’t want
any change in the instruments being provided by the company, they want as it is. But the
remaining 10% of the respondents are willing to have change in that at some choice, in
17)Do you recommend these services to your friends, Colleagues & Family?
7
6
0
3
6
0
5
0 3
7
4
3
0
0
2
0
1 0
0
0
Ye N Can’t
s o say
Interpretation:
It is clear that 63% of the respondents would recommend the service, while a
significant 37% of the respondents do not want to recommend the service to their friends,
18) Do you want any additional features to be included to you service in future?
40
23
20
0
Yes No
Interpretation:
From the above table it is clear that 67% of the total respondents are desirous of
having some new features like call waiting, GPRS, MMS etc., to be included in this
service in future, and the remaining 23% respondents do not want any changes as far as
1. The coverage is limited to only urban areas hence effort should be made to
increase the coverage in semi urban and rural areas as it increases the number of
subscribers
2. BIG BAZAAR should create awareness amongst its customers regarding various
services that are being offered by it by increasing its sales promotion reach.
3. Special promotional schemes to be launched especially to target youth segment
who take up the new product by having special packages
4. BIG BAZAAR try to focus on the after sales customer support as this is perceived to
be a weak spot, by the consumes and should have responsive call centers to address the
STRENGTHS
WEAKNESS
TG demands segregation of crowd, as there are few places where they can go, Big Bazaar has a opportunity
to be a outing destination.
Huge potential for entertainment in the city e.g. F-123, Sports bar, E-Zone etc. can do amazing business.
Mood of optimism is creeping in the mind of consumers regarding facilities.
THREATS
The overall sales satisfaction index from the study reveals that the company is performing very well
and customers buying are much satisfied with the service given to them.
Even though the complaints are minor, the showroom needs to resolve the customer after
purchase service issues in order to achieve customer satisfaction
CONCLUSION
Conclusion
The respondents are of BIG BAZAAR, and they came know about the service
from hoardings, print media, primarily and through electronic media and road
shows secondarily.
The respondents are using BIG BAZAAR since 1 year and below 1 year in
and the reason for choosing it is the quality of the service, followed by brand
image.
services.
The respondents are paying their bills at the company show rooms, and these
The respondents are desirous of having online bill payment service for
The instruments being providing with billing service are being well received
by the respondents.
ANNEXURE
QUESTIONNAIRE
Signature
1) How do you come to know that About BIG BAZAAR products?
a) Electronic Media b) Print media
b) Road shows c) Hoardings
2) So how regular are you to BIG BAZAAR?
a) Daily b) Weekly
c) Monthly d) During Offers
3) Which department you prefer to shop at BIG BAZAAR?
a) FMCGS and Groceries b ) Clothing and Home Fashion
c) Electronics and Furniture d ) Luggage and Stationery
4) What is the reason for choosing these service?
a) Less price b) Quality service
c) Brand image d) Offers
5) Which department gives the best offers?
a) Food Bazaar b) Clothing and Home Fashion
c) Luggage and Stationery d) Electronics and Furniture
6) Are you satisfied with the quality of service being provided?
a) Yes b) No
c) To some extent d) Can’t say
7) Have you faced any problem at the time of purchase & usage?
a) Yes b) No
8) Who has influenced you, in purchase decision towards BIG BAZAAR Product?
a) Colleagues b) Friends
c) Family members d) others
9) Do you know customer awareness program for every month?
a) yes b) No
10) Where do you pay your bills?
a) At showrooms b) on delivery
11) Do you prefer online billing counters for your bill payment like ATM’s?
a) Yes b) No
12) How do you feel about the pricing of BIG BAZAAR Services as compared with
other?
a) Expensive b) Competitive
c) Can’t say
19) What are the common problems, which you face while using this
service:
20)Please tell us what the Store can do to increase your satisfaction level as our
Customer
Thank you
5.4 BIBLOGRAPHY
BOOKS:
Balderjahn, I. (1988). "Personality Variables and Environmental Attitudes as
Predictors of Ecologically Responsible Consumption Patterns." Journal of
Business Research 17(1): 51-56.
WEBSITES:
www.futurebytes.com
www.pantaloon.com
www.retailindia.com
www.google.com