Professional Documents
Culture Documents
ON
Submitted To:
School of Business
(Submitted in partial fulfillment of BBA curriculum of the The Assam Kaziranga University)
Submitted By:
Nancy Karnany
BBA
SB17BBAGN040
2017-2020
SHOPPERS STOP
Acknowledgements
Executive Summary
Chapter I Introduction
Chapter II Data Analysis and Interpretations
Chapter III Observations and Major Findings
Chapter IV Conclusions and Suggestions
References
ACKNOWLEDGEMENT
Industry Retail
Status Operating
Founded 1991
Shoppers Stop Limited was founded by K Raheja Corp in 1991 laying the
the first store in suburban Mumbai and is now a multi-channel retailer with
26 large format department stores and online presence. From its inception,
Shopper's Stop has progressed from being a single brand shop to becoming a
Fashion & Lifestyle store for the family. Today, Shopper's Stop is a household
name, known for its superior quality products, services and above all, for
The Lakme group is the world’s largest cosmetics and Beauty Company,
owned by Hindustan Unilever and run by CEO Pushkaraj Shenai. India
cosmetic Lakme was started in 1952, famously because the Prime Minister,
Jawaharlal Nehru, was concerned that Indian women were spending precious
foreign exchange on beauty products, and personally requested JRD Tata to
manufacture them in India. Simone Tata joined the company as director, and
went on to become its chairman. In 1996 Tata sold off their stakes in Lakme
Lever to HUL, for Rs. 200 Crore (45 million USS), and went on to create Trent
and Westside. Even today, when most multinational beauty products are
available in India, Lakme still occupies a special place in the hearts of Indian
women.
Lakme also started its new business in the beauty industry by setting up
Lakme Beauty Saloons all over India. Now HUL (Hindustan Unilever Limited)
has about 110 salons all over India providing beauty services. Lakme has been
ranked as 47th most trusted brand in India by The Brand Trust Report. The
company is the title sponsor for Lakme Fashion Week (LFW) a bi-annual
fashion event which takes place in Mumbai.
OBJECTIVE of the study:
As the managers are busy in their daily schedule it is not possible for us
to spend more time in interaction and discussion with them
Promotional strategies:
• Promotional poster.
• Launch of beauty magazines.
• Advertisement through film Commercials.
• Open spa to promote the brand.
• Selecting reputed brand ambassador.
• Sponsoring and Social Responsibilty.
• Started campaign for safe cosmetics.
Positioning strategies:
• Most innovative.
• High Quality,Advanced products & affordable price.
• Only cosmetics brand in world that has products in all the segments
Consumer, Luxury, Professional & Pharmaceuticals.
Distribution strategies:
• Widen distribution network by giving various incentives to distributiors,
retailers, stockiest etc. in order, not to lose self space Product
Modification.
• By modifying the product by adding SPF, so that lips can be protected
from harmful.
Lakme products
Face
Face primer, concealer, foundation, compact, contour, loose powder, blush,
bronzer, BB&CC cream, highlighter-Lakme 9 to5 range, Lakme absolute
range
Lips:
Lipstick, liquid lipstick, lip crayon ,lip gloss, lip liner, lipbalm-Lakme9 to 5
range ,Lakme absolute range, Lakme enrich range.
Eyes:
From dramatic to natural look- a wide range of products are on offer to create
the perfect eyes.
• Kajal
• Eyeliner
• Mascara
• Eye shadow
• Under eye concealer
Lakme eyeconic range ,lakme 9 to5 and absolute range
Nails:
For radiant skin Lakme is there to pamper your skin with specialized products
for the diva in you.
Cleanser:
Toner:
Moisturizers:
Masks:
Lip care:
Sun Protection:
This range comprises of Lakme sun expert to protect your skin from harmful
sun rays.
DATA ANALYSIS AND
INTERPRETATION
DATA COLLECTION
Sources of data:-
1. Primary Data
2. Secondary Data
Primary Data:
Primary data are first hand information. Primary data is information that we collect
specifically for the purpose of research directly from the source by means of field studies.
Primary data are original and are like raw materials. It is the crudest form of information.
The investigator himself collect primary data or supervises in collection it may be
collected on a sample or they are the census basis or from case studies from focus group.
In my research work, I have used primary data, collected from questionnaire method. The
primary data collected from distributers of the company, dealers dealing in the products of
the company.
Secondary Data:
Secondary data are second hand information. The data which have already have been
collected and processed by some agency or persons and are not used for the first time are
termed as secondary data. According to M.M. Blair, “Secondary data are those already in
existences and which have been collected for some other purpose.”
The secondary data collected from records of the company, retailers and dealers. The data
of past have been collected. Also Personal Interview and Observation methods are used
for collection of secondary data.
1. Do you think Lakme is more popular as a brand than any other
competitor?
Popular brand
2%
28%
Yes
No
Sometime
Never
70%
INTERPRETATION
Out of 50 respondents; 70% people feels that Lakme is popular as a brand, 28% feels that it is
sometime popular and 2% feels that it is never popular.
2. Which type of customer you target?
Targeted customer
14%
22%
15-25yrs
25-35yrs
35-above
All of the above
32%
32%
INTERPRETATION
Out of 50 respondents; 14% people feels that the targeted customers are of age group 15-25yrs, 32%
people feels that it is of 25-35yrs, 32% people feels that it is of 35-above and 22% people feels that
all of the above option are correct.
3. Does the economy affect your business?
Economy affects
4%
18%
Agree
Disagree
Strongly agree
Strongly disagree
60%
18%
INTERPRETATION
Out of 50 respondents; 60%people are agree that economy affects the business, 18% people are disagree,
18%people are strongly agree and 4% people are strongly disagree with the statement.
4. Is your business or market affected by business cycle or season?
26%
Yes
No
According to condition
Never
54%
20%
INTERPRETATION
Out of 50 respondents; 26% people feel business cycle or season affects the business, 20% people feel
that it does not affects, 54% people feel that it affect according to condition.
5. Does heavy investment on packaging affect the sales of the product?
34%
Yes
No
Sometime
48%
Always
18%
INTERPRETATION
Out of 50 respondents; 34% people feel that highly packaging affects sales, 18% people feel that it does
not affects and 48% people feel that sometime it affects.
6. Which promotional strategy is more effective for your organization?
22%
Personal selling
Advertising
Mass media
Other
64%
INTERPRETATION
Out of 50 respondents; 10% people feel that personal selling is more effective promotional strategy,
64%people feel advertising, 22% people feel mass media and 4%people feel others are more effective.
7. Do you advertise online?
Advertise online
38%
Yes
42% No
Always
Sometime
8%
12%
INTERPRETATION
Out of 50 respondents; 42% people feel that online advertising is done, 12% people feel that it is
not, 8% people feel that it is done always and 38% people feel sometime.
8. Do you need a sales force to represent and sell your product or services
directly to your customers?
22%
Yes
No
42% Sometime
Always
34%
INTERPRETATION
Out of 50 respondents; 22% people feel that sales force is needed, 34%people feel that it is not,
42%people feel sometime and 2% of them feels that it is always needed.
9. What do you think is your product’s biggest selling point?
24% 24%
Price
Unique nature
Colour
Durability
22%
30%
INTERPRETATION
Out of 50 respondents; 24% people feel price is biggest selling point of the product, 30% people feel its
unique nature, 22% people feel its colour and 24% people feel its durability.
10. Which method of sales promotion is more effective to motivate
customers to buy?
10%
36%
INTERPRETATION
Out of 50 respondents; 48% people feel price off/ discount motivate customer to buy, 36% people
feel that extra quantity motivate them, 10% people feel that contest motivate them and 6% people
feel that premium motivate them.
OBSERVATION
AND
FINDINGS
SWOT Analysis of Lakme
Strengths:
• Local brand of specific relevance to India.
• Strong R&D capability, well linked with business.
• Integrated supply chain and well spread manufacturing units.
• Ability to deliver Cost saving.
• Access to Unilever global technology capability and sharing of best
practices from other Unilever.
Weakness:
• Price positioning in some categories allows for low prices competition.
• Varying quality range in its products.
• Falling Quality of Lakme salons.
Opportunities:
• Brand growth through increased consumption depth and frequency of
usage across all categories.
• Upgrading consumers through innovation to new levels of quality and
performance.
• Building brand image by collaborating with top designers in Lakme
Fashion week.
Threats:
• Aggressive price competition from local and multinational players.
• Spurious /counterfeit products in rural areas and small towns.
Non existence of brand image long run.
FINDINGS
Target selling for dealer/ agents can increase the sale of company.
Lakme should meet the changing preference of the consumer.
Most of the consumers are brand loyal, so they should be treated as
intangible assets.
Fulfil the consumer needs.
Some products are little expensive.
CONCLUSION:
After analyzing the result it was found that the marketing strategy play a very
important role for particular brand. It was found that the people are aware of
the brand- LAKME.most of the time people are influenced and attracted by the
promotional aspect used by the company.
WEBLIOGRAPHY:
www.scribd.com
www.wikipedia.com
www.lakmeindia.com