Professional Documents
Culture Documents
CHAPTER 1
INTRODUCTION
Retail means selling goods and services in small quantities directly to the customer. Retailing
consists of all activities involved in the marketing of goods and services directly to the
consumers for their family and household use. The Indian retail market is the first position on
the retail destination globally, has been ranked as the most attractive emerging market for
investing in the retail sector by AT Kearney ninth annual global retail development index
(GRDI) in 2010. With rising customer demand and greater disposable income, the US$400
billion Indian retail sector is clocking an annual growth rate of 30 percent. It is projected to
grow to US$ 1200 billion by 2016. According to a report by global consultancy Northbridge
Capital. The organized business is expected to be 20 percent of the total market by then.
In2019 the share of organized retail was 8.9 percent or US$ 1450 million of the total retail
market. Indian continues to be among the most attractive countries for global retailers.
Foreign direct investment (FDI) inflow as on September2018, in single-brand retail trading,
stood at approximately US$47.43 million, according to the department of industrial policy
and promotion (DIPP)
India's overall retail is expected to rise to US$ 1833 billion by 2018 and US$ 1.9 trillion by
2019, at a compound annual growth rate (CAGR) of 10 percent. As a democratic country
with high growth rates, consumer spending has risen sharply as the youth population (more
than 33 percent of the country as below the age of 15), as seen a significant. increase in its
disposable income. Consumer spending rose an impressive 75 percent in the past four years
alone. Also Organised retail, which is fixed at around US$ 8.14 billion, as expected grow at a
CARG of 40 percent to touch US$ 1076 billion by 2018. The organized retail sector, which
currently accounts for around 7.5 percent of the Indian retail market, is all set to witness the
maximum number of large format malls and branded retail stores in south India, followed by
North, West and the East in the next two years. Their two cities like Noida, Amritsar, Kochi,
and Gurgaon, are emerging as the favoured destination for the retail sector worth their huge
growth potential Further, this sector is expected to invest around US$ 1503.2 million in retail
technology service solutions in the current financial year. This could go further up to
US$1626 billion in the next year, at the CARG of 40 percent. in 2019 budget Government
has allowed 26% Foreign Direct footwear, furniture and furnishing, catering services,
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jewellery and watches, books, music and gifts, mobile handsets and others. Investment (FDI)
in the retail part. Sorted out retailing is on ceaseless development of its piece of the pie from
an earlier time. Retailing can be estimated as of various segments like nourishment and food
supplies, apparel and materials, client durables, footwear, furniture, and outfitting, providing
food administrations, adornments and watches, books, music and endowments, portable
handsets and others.
Hypermarket
This is one kind of outlet where we can find a wide verity of products and goods at a lower
cost compared to other outlets. it is the combination of the supermarket and the department
store.
Warehouse store
Here we get a high quality of goods and products at a very low rate or less cost.
Variety stores
Demographic
This outlet is operated by the family members which is smaller in size and concentrated on
the selective category of the products with minimum collections,
Supermarket
This is the only store where the option of self-service is offered. it mainly concentrated on
eatables, food, and grocery and restricted a list of products on the non-food category.
Specialty stores
These kinds of outlets are majorly concentrated on one specific merchandise either on the
specializes products. it may be shoes, toys or automobiles, etc.
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Department stores
These are very big offers a variety of products with a minimum cost which similar to the
collections of specialty stores.
General stores
These are the stores that serve goods and services to the rural group and satisfy their needs
and wants.
Convenience store
These stores provide an inadequate sum of products at more than normal prices with easy
checkouts this store deals with emergency and immediate purchase consumables.
Discount stores
These types of the store had several products and sales goods and services at a very price
compared to the other stores.
Mall
The outlook and ambiance are very attractive. it includes products, food, and entertainment
under a single roof. we can spend more time here.
Category killers
Here we will get a wide variety of products under the single category at comparably lower
prices as compares and helps to solve their confusion and gives more information about the
products.
Vending machine
It is small and a kind of automated machine where the customers can drop money over the
machine and then they can get the products. based on the income of the customers they will
buy the products and the services.
Boutique
These are called concept stores, these are the stores are tiny in size and only concentrate
single brand.
Respect and humility: in dealing with everyone within and outside the organization
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Flow: by constantly learning and being inspired by the universal laws of nature
Indian Ness: by believing in oneself and doing things the Indian way
Openness and adaptability by accepting new ideas and knowledge, and being proactive in
meeting challenges emerging from changing business scenarios
Investors: future group operates through five publicly-listed entities that have widely
distributed shareholding among retail investors, domestic and foreign institutions.
Career: join us in our journey to build India of tomorrow we are committed to carving a
future for India's retail, driven by innovation and aspirations of every person who is a part of
the future group. Our human capital is the Frist point of leverage in everything we do to give
future group energy, culture, and ideas. We see people as partners in building the India of our
dreams.
MAJOR RETAILERS
India’s top retailers are largely lifestyle, clothing and apparel stores
This is followed by grocery stores
Following the past trends and business models in the west retail giants such as
Pantaloon, Shoppers’ Stop and Lifestyle are likely to target metros and small cities
almost doubling their current number of stores
These Walmart wannabes have the economy of scale to below –medium-cost retailers
pocketing narrow margin
-
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CHAPTER 2
COMPANY PROFILE
FOUNDER’S BOARD:
Big Bazaar is a chain of hypermarkets in India. As of June 2, 2012, there are 214 stores
across 90 cities and towns in India covering around 16 million sq. Ft. of retail space. Big
Bazaar is designed as a collection of bazaars or Indian markets with clusters offering a wide
range of merchandise including fashion and apparels, food products, general merchandise,
furniture, electronics, books, fast food and leisure, and entertainment sections. Big Bazaar is
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part of Future Group, which also owns the Central Hypermarket, Brand Factory, Pantaloons,
Ezone, Hometown, futurebazaar.com, KB's Fair Price to name a few and is owned through a
wholly-owned subsidiary of Pantaloon Retail India Limited, that is listed on Indian stock
exchanges. Big Bazaar was launched in September 2001 with the opening of its first four
stores in Calcutta, Indore, Bangalore, and Hyderabad in 22 days. Within a span of ten years,
there are now 161 Big Bazaar stores in 90 cities and towns across India.
Big Bazaar was started by Kishore Biyani, the Group CEO and Managing Director of
Pantaloon Retail India. Though Big Bazaar was launched purely as a fashion format
including apparel, cosmetics, accessory, and general merchandise, over the years Big Bazaar
has included a wide range of products and service offerings under their retail chain. The
current formats include Big Bazaar, Food Bazaar, Electronic Bazaar, and Furniture Bazaar.
The inspiration behind this entire retail format was from Saravana Stores, a local store in T.
Nagar, Chennai. The stores are customized to provide the feel of man and meals while
offering modern retail features like Quality, Choice, and Convenience. As the modern Indian
family's favourite retail store, Big Bazaar is popularly known as the "Indian Wal-Mart". On
successful completion of ten years in the Indian retail industry in 2018, Big Bazaar has come
up with a new logo with a new tag line: 'Naye India Ka Bazaar', replacing the earlier one:
'Isse Sasta Aur Accha Kahin Nahin'.
The future group is an Indian private conglomerate company. The company is known for
having a significant prominence in India retail and fashion sectors, with popular supermarket
chains like big bazaar & food bazaar, lifestyle stores like Brand Factory, central, etc. And
having a notable presence in integrated foods and FMCG manufacturing sectors.
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FBB:
E-tailing
Food
Fashion
Home Solution
General Merchandise
Leisure and Entertainment
Wellness and Beauty
Books and Music
Footwear
Electronics
Children Accessories
Crockery.
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2.1.1 History
1987
1991
1992
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1994
1995
1997
2001
Big Bazaar, ‘Is se sasta aur accha kahi nahin’ - India’s first hypermarket chain
launched.
2002
2004
Central – ‘Shop, Eat, Celebrate in The Heart Of Our City’ - India’s first seamless
mall is launched in Bangalore.
2005
Fashion Station - the popular fashion chain is launched all – ‘a little larger’ -
exclusive stores for plus-size individuals is launched
2006
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Future Capital Holdings, the company’s financial arm launches real estate funds
Kshitij and Horizon and private equity fund Indivision. Plans forays into insurance
and consumer credit.
Multiple retail formats including Collection Furniture Bazaar, Shoe Factory, Ezone,
Depot and futurebazaar.com are launched across the nation. Group enters into joint
venture agreements with ETAM Group and Generali.
2007
2008
Big Bazaar becomes the fastest growing hypermarket format in the world with the
launch of its 101" store within 7 years of launch.
Big Bazaar dons a new look with a fresh new section. Fashion at Big Bazaar.
Big Bazaar joins the league of India’s Business Super brands. It is voted among the
top ten service brands in the country in the latest pitch IMRB international survey.
Big Bazaar initiated the Menu Saving “Monthly Bachat Bazaar” campaign, to provide
exceptional deals on groceries and food items during the first week of every month.
2009
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Shikhar Dhawan, youth icons of India, was chosen as the brand as ambassadors of Big
Bazaar.
Big Bazaar announced the launch of The Great Exchange Offer.
Formed a joint venture with Hiding sign to launch Holi, a new brand of handbags,
Laptop Bags, and other accessories.
2010
Future Value Retail Limited has formed a specialized subsidiary to spearhead the
group's value retail business through Big Bazaar, Food Bazaar, and other formats.
Big Bazaar wins CNBC Awards Consumer Awards for the third consecutive year.
Adjudged the Most Preferred Multi-Brand Food & Beverage China, Most Preferred
Multi-Brand Retail Outlet, and Most Preferred Multi-Brand One Stop Shop.
Big Bazaar connects over 30,000 small and medium Indian manufacturers and
entrepreneurs with around 200 million customers visiting its stores.
Big Bazaar opens in the third store in Kanpur at Z Square Mall,
Big Bazaar opens its fourth store in Kanpur at Jajmau which the largest leather
tannery garrison of Asia.
Vidya Balan was chosen as the brand ambassador of the Big Bazaar Price Challenge
exercise.
Ranked 6 among the Top 50 Service Brands in India.
2017
Big Bazaar forays into the rural wholesale and distribution business through the
"Aadhaar Wholesale” store at Kalol, Gujarat.
Big Bazaar has come up with a new logo with a new tag line. "Naye India Ka
Bazaar".
200th stores opened in India.
Future Group has launched its latest venture, Food hall- a premium food destination
across 10 metros in India.
For the convenience of the online customers, Big Bazaar has started free shipping on
all orders above Rs.1000.
Agreed with Hindustan Unilever to co-develop and co-brand bakery products. which
would be sold exclusively at Big Bazaar stores.
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2018
Big Bazaar entered a five year multi-million-dollar deal with Cognizant Technology
Solutions for IT infrastructure services that support Future Group's network of stores,
warehouses, offices and data centers.
Partnered with Disney to launch “Kids Cookies” exclusively for kids across India. Big
Bazaar is planning to add further value to its retail services by offering value-added
services like grinding. de-seeding, vegetables cutting at free of cost.
A SWOT analysis is done to know the strengths, weaknesses, opportunities, and threats of
any company. This analysis will explain about the strengths, weaknesses, opportunities, and
threats of big bazaar.
STRENGTH
WEAKNESS
OPPORTUNITIES
THREATS
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Urban yoga
Nilgiris
Tasty treat
Fresh & pure
EK Taa
Premium harvest
Mera swad
Pratha
Punya
Sach
Kosh
Sunkist
Kara
TS
Clean mate
Care mate
Indigo nation
Scullers
John millers
All
Rig
Coverstory
DJ & C
Buffalo
Hey
Converse
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VISION
The future group shall deliver everything, everywhere & every time to every Indian
customer in the most profitable manner.
MISSION
We share the vision & believe our customer & stakeholders shall be served only by
creating & executing the future scenarios in the consumption space leading to
economic development.
We will be the trendsetters in evolving delivery formats.
Creating a retail reality.
Making consumption affordable for all customer segments for classes & for masses.
We shall infuse Indian brand with confidence & renewed ambition.
Kishore Biyani is the Chief Executive Officer of Future Group and Managing Director.
Pantaloon Retail India Ltd. He started off his entrepreneurial career with the manufacturing
and distribution of branded men's wear products. In 1987, Kishore Biyani led the group's
foray into modern retail with the opening of the first department store Pantaloons in Kolkata.
In 2001, he created and evolved a pan-Indian, less-less model - Big Bazaar, a hypermarket
chain. followed by "Food Bazaar, supermarket Cham, which blended the look, touch and feel
of Indian bazaars with western hygiene. This was followed by Central, a first of its kind
seamless mall located in the heart of major India
Gopi Krishan Biyani is a commerce graduate and has more than twenty years of experience
in the textile business.
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Rakesh Biyani is a commerce graduate and has been actively involved in category
management: retail stores operations, IT and exports. He has been instrumental in the
implementation of the various new retail formats
Ved Prakash Arya is an engineer by training and is a graduate of the Indian Institute of
Management, Ahmedabad. Before joining Pantaloon Retail, he was the CEO of Globus
S. Doreswamy. is a former Chairman and Managing Director of Central Bank of India and
serves on the board of DSP Merrill Lynch Trustee Co and Ceat Limited among others.
Dr. Do Koshy holds a doctorate from IIT, Delhi and is the Director of National Institute of
Design (NID), Ahmedabad. He has over 24 years of rich experience in the textiles and
garment industry and was instrumental in the setting up of NIFT centers in Delhi, Chennai,
and Bangalore. He is a renowned consultant specializing in international marketing and
apparel retail management
Anju Poddar holds a Bachelor of Engineering from the University of Oklahoma and is a
Director, NIFT. Hyderabad chapter. She also serves on the board of Maharishi Commerce
Ltd and Samay Books Ltd, among others.
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Bala Deshpande, is Non-Executive Director, ICICI Venture Funds and serves on the boards
of Deccan Aviation, Nagarjuna Construction, Welspun India and Shoppers Stop Ltd, among
others.
Anil Harish is the partner of DM Harish & Co. Associates & Solicitors and an LLM from the
University of Miami. He also serves on the board of Mahindra Gesco, Unitech IndusInd Bank
and Hinduja TMT, among others.
Reliance
More
Metro cash and carry
Supermarket
D-mart
Food court
Brand factory
CHAPTER-3
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ORGANIZATION STRUCTURE
Big bazaar organization is head by our managing director. It follows an inverse pyramid
structure; as a result, decisions are taken closest to the point of customer action. Sales
executives are encouraged to think customer first. They are empowered to run their respective
departments like 'small business owners'.
ORGANIZATION STRUCTURE
Store Manager
Assistant Manager
Asst. Dm Security
Visual
Leader Maintenance
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1. Finance Department
2. Marketing Department
3. Human Resource Department
4. Sales Department
5. Logistic
6. Administration Department
FINANCE DEPARTMENT:
Finance is the lifeblood of any business. The south zone head office located at Magadi road
performance most of the financial functions and therefore the finance department of big
bazaar, GT MALL BB Performs a few basic functions, such as a preparing the stores’ income
and expenditure statement giving full particulars of all items.it also prepares the budget for
expenditure at various levels on different items.
MARKETING DEPARTMENT:
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The HR Department of the big bazaar is very dynamic. Employees are the biggest strength
and assets of any organization and the HR dept realizes this very well. This is very evident
from the way the HR dept handles All its employees. They take the utmost care to select,
train, motivate and retain all the employers. They have continuous developmental programs
for all the employees.
SALES DEPARTMENT
This department is responsible for the collection of sales amounts that is cash sales, there are
in all 15 cash counters in the store, there is a head cashier to whom all the cashier report and
submit the total sales amount collected through the day by the casher. In addition to cash, all
leading credit and debit cards are accepted at no extra charge. All so big bazaar vouchers and
Sodexho coupons are also accepted. After the billing is done the casher has to pack the
products neatly in cover according to the customer’s needs. At the time of closing the billing
counter, the cashier must give a statement of cash, with all particulars of different
denominations of cash, the amount collected through credit cards, the amount collected in
debit cards, amount collected in Sodexho coupons & Big Bazaar vouchers and amount
collected through Credit Notes.
LOGISTIC
Logistic is a very important division of big bazaar.it is responsible for procuring the stock of
all products of the different departments. the logistic department receives the goods from the
warehouse. The warehouse of a big bazaar for the entire south zoon is located hosakote,
Karnataka. The logistics department receives the stock of different goods and verifies the
quantity and quality of the goods with the given in the Goods Received Statement which it
receives along with the stock. Then it checks for any damage in the stock received. If there is
no damage in the stock, after recording it in the Stock Inward Register despatches the goods
to the respective department taking the signature of the Departmental Manager On the other
hand if there is a damage in the goods or if the goods do not the details given in the Goods
Received Statement, it enters in the Stock Outward Register and send it back to the
warehouse along with a Goods Returned Note giving full information regarding the reason
for returning back the goods and the defect or damage in the goods. The logistics department
receives two truckloads of stock every day. It is the respective departmental Managers who
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place an order to the Zonal head office through e-mail for a stock of goods when they feel
that the stock must be replenished. The logistics department works in complete coordination
with all the other departments to ensure that the stocks are received and maintained properly
products. Customers arrive in large numbers as they realize that it is on Wednesday that
products are offered at the lowest prices.
ADMINISTRATION DEPARTMENT
The Store administration comes under the Store Manager. Its functions are store maintenance,
housekeeping, security, etc. The store maintenance is concerned with the proper running of
the store in coordination with all the departments. It also must ensure proper back-up supply
control in times of power cuts.
The Housekeeping is concerned with keeping all the departments of the Store clean and neat
all the time. Covers and other wastes should be properly cleaned, and the floor is swept
regularly to keep it clean The Security section is concerned with the security of the entire
store. The security department keeps a vigilant check on all the people entering and departing
at the various entry and exit points in the store. They also maintain all the registers like
employees' attendance register, stock register, visitors' register, etc. They check all customers'
bills before letting them out of the store. They ensure orderliness in the store and prevent
shrinkage or pilferage of goods to minimize the loss arising out of it. The housekeeping and
security are outside agencies employed by the store on a contract basis to take care of the
respective occupations. The Administration department also has a separate section known as
‘Information Technology. This department is responsible for the maintenance of all the
systems of the Store, all billing machines their functioning networking with the master
machine, etc. If there is any problem with the machine in any department in the store, then
this department comes into function. This dept integrates all the systems in the store and
properly maintains all of them.
CHAPTER 4
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RESEARCH METHODOLOGY
1. To determine the level of customer satisfaction among the customer of Big Bazaar.
2. To analyse factors responsible for increasing among the customer of Big Bazaar.
3. To analyse the factor responsible for dissatisfaction among the customer of Big
Bazaar.
1. The result based on a survey done on the customer who visits Big Bazaar.
2. The study sample size has been restricted, 50 customers.
3. This survey study is completely based on feedback given by the customer.
1. Primary data
2. Secondary data
Primary data: The primary data has been collected from customers through a structured
questionnaire, which is fresh and the first time and this happens to be about the current
research process.
Secondary data: The secondary data has been collected from various sources like journals,
books, magazines, newspapers, and the internet.
Sample Information:
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I have used the Random sampling method because it assures that I will be able to represent
not only the overall population but also key subgroups of the population, especially small
minority groups.
Sampling Technique
Under random sampling I had taken ‘Stratified random sampling’, the customers of Big
Bazaar were subdivided into five homogeneous groups based on their age that is called
‘Strata’. Then a ‘Strata’ of hundred customers were selected from each subgroup.
Size of sample
Since the degree of accuracy is directly proportional to the sample size, so I had taken a
sample of 50 customers. Since there are different categories of customers and these are less
homogenous, so I had taken a large sample.
HYPOTHESIS
Null Hypothesis (Ho): Big Bazaar products and services satisfy its customers.
Alternate Hypothesis (Ha): Big Bazaar products and services do not satisfy its customers
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Analysis:
Interpretation:
The graph says Out of the 100% of respondents, that is 78% of the respondents opt to
frequently shop at Big Bazaar and only 8% are respondents do not shop frequently,
remaining 14% Maybe frequently shop at Big Bazaar.
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Analysis:
Out of 50 respondents,15 respondents visit Big Bazaar daily,16 respondents visit Big
Bazaar weekly 5 respondents visit Big Bazaar once in two weeks and the remaining 14
respondents visit Big Bazaar once in a month.
Interpretatio
n:
The graph says out of the 100% of respondents,30% of the respondents found shopping at
Big Bazaar daily. 32% of the respondents shop at Big Bazaar weekly,10% of respondents
shop at Big Bazaar once in two weeks and the remaining 28% of the respondents shop at
once in a month.
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Brand 17 34%
Offers 10 20%
Discount 03 06%
Total 50 100%
Analysis:
Among 50 respondents,20 liked the quality of products at Big Bazaar.17 respondents like a
brand of products at Big Bazaar and 10 liked offers of products at Big bazaar, the remaining 3
respondents showed interest in the discount of products at Big Bazaar.
Interpretation:
Among 100% of respondents, 40% liked the quality of products at big bazaar,34% of
respondents like the brand of products. 20% liked offers at Big bazaar and the remaining 6%
of respondents showed interest in the discount of product at Big Bazaar.
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Total 50 100%
Analysis:
The table says among 50 respondents,31 of them said that a variety of products are available
in Big bazaar,14 of them said not a wide variety of products available in Big bazaar and 5 of
them said maybe a variety of products available in Big Bazaar.
Interpretation:
The graph says in 100% of respondents,62% of them said that a verity of products is
available in Big bazaar.28% of them said not a wide variety of products are available in Big
Bazaar and only 10% said maybe a variety of products available in Big Bazaar.
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Analysis:
In this analysis 50 respondents,31 were satisfied with Big Bazaar.13 peoples say not satisfied
with Big Bazaar and remain, 6 peoples, says partially satisfied with big bazaar.
Interpretation:
The survey shows that about 62% were satisfied with big bazaar.26% peoples not satisfied
with big bazaar and remain 12% partially satisfied with big bazaar.
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Analysis:
The table shows out of 50 respondents.31 respondents say has a good parking facility at a big
bazaar.11 said not good parking facility at big bazaar and remain 6 respondents said maybe
has good parking facility at big bazaar.
Interpretation:
The big bazaar has good parking facilities because around 66% of people said it Has good
parking facilities and this survey even says big bazaar also needs to improve the parking
facilities and so that’s 22% of the customer answers.
Analysis:
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The table shows 50 respondents. 27 respondents are rated the products are good,16
respondents rated the product are ok, 5 respondents rated the product are average and 2
peoples rated the products badly.
Interpretation:
The graph shows 50 respondents. 54% of respondents are rated the products are good,32% of
respondents rated the product are ok, 10% of respondents rated the product are average and
4% of peoples rated the products badly.
Analysis:
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The table shows 50 respondents, 22 respondents said excellent navigation to big bazaar.15
respondents said very good location facility and 8 respondents said good location facility at
big bazaar and only 2respondents said poor location at big bazaar.
Interpretation:
Table No 9: Product display, finding and any product & Signage in Big Bazaar.
Analysis:
The table shows 50respondents, approximately 41 people replied that the big bazaar adopted
a very regular method of showing the item in-store and 9 respondents reacted negatively, so
we discovered that customer expectations were very high.
Graph No 9: Product display, finding and any product & Signage in Big Bazaar.
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Interpretation:
The graph shows 100% of respondents,82% of people response that the big bazaar adopted a
very regular method of showing the item in-store and 18% of respondents reacted negatively,
so we discovered that customer expectations were very high.
Analysis:
The table shows 50 respondents, 22 people said to visit the big bazaar, 12 people said not to
visit the big bazaar and 15 respondents said maybe visit the big bazaar, remain 1 respondent
said sure to visit the big bazaar.
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Interpretation:
The graph shows 50 respondents,44% of people said to visit the big bazaar, 24% of people
said not visit the big bazaar and 30% of respondents said maybe visit the big bazaar, remain
2% respondents said sure to visit the big bazaar.
Analysis:
The table shows 24 respondents said good with the packing process, 17 respondents tell us
very good packing process and remain 8 and 1 respondents said not good packing process at
big bazaar.
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I
nterpretation:
The graph shows 50 respondents, 48% of respondents said good with the packing process,
34% respondents tell us a very good packing process and remain 16% and 2% respondents
said not good packing process at big bazaar.
Analysis:
The table shows 50 respondents,32 people replied good experience shop at big bazaar,16
people said excellent experience shop at big bazaar and remain 1 respondent replied poor
experience shop at big bazaar.
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Interpretation:
The graph shows 50 respondents,65.3% people replied good experience shop at big
bazaar,32.7% people said excellent experience shop at big bazaar and remain 2% respondent
replied poor experience shop at big bazaar.
Analysis:
The table shows 18 respondents said shopped once in a month,22 respondents said shopped
in three months.6 respondents tell us shopped in a six month and 4 people said shopped in
yearly at big bazaar.
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Interpretation:
The graph shows 36% of respondents said shopped once in a month,44% of respondents said
shopped in three months.12% respondents tell us shopped in a six month and 8% people said
shopped in yearly at big bazaar.
Analysis:
The table shows 50 respondents, 38 people satisfied with big bazaar products and brand,
remain 12 respondents not satisfied with big bazaar products.
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Interpretation:
The survey shows 50 respondents, 76% of people satisfied with big bazaar products and
brand, remain 24% people replied not satisfied with big bazaar products.
Table No 15: This the first time you have used our Big Bazaar product.
Analysis:
The table shows 27 respondents replied the first time use the big bazaar product, 17
respondents tell us not first time use the big bazaar product and remain 6 respondents said
maybe the first time use the big bazaar product.
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Graph No 15: This the first time you have used our Big Bazaar product.
Interpretation:
The survey shows out of 50 respondents, 54% replied the first time use the big bazaar
product, 34% respondents tell us not first time use the big bazaar product and remain 12%
respondents said maybe the first time use the big bazaar product.
Analysis:
The table shows 50 respondents, 35 respondents said referred shop at big bazaar, 10
respondents said to us not referred shop at big bazaar and remain 5 respondents said maybe
recommended shop at big bazaar.
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Interpretation:
The graph shows 50 respondents, 70% respondents said referred shop at big bazaar, 20%
respondents said to us not referred shop at big bazaar and remain 10% respondents said
maybe recommended shop at big bazaar
CHAPTER-5
CASE CONTEXT
The company's ability to fulfil the business, emotional, and psychological needs of its
customers;
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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.
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 on the conversation goes. Customer surveys with a 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 worked for
them without much reward. By launching a customer survey as an attempt to find out "how
we can serve you better" customers will feel less put upon.
Here are a few of the possible dimensions that one could measure:
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Quality of product
Pricing
Offers and discounts
Staff's behaviour
Complaints or problems
Billing experience
Security's behaviour
Store's ambiance & cleanliness
Overall experience in store
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and why dissatisfaction occurs, helps you implement changes to gain and retain future
customers. No matter what type of business you are in, surveys are an important tool to help
you collect the information you need to understand and evaluate satisfaction
CHAPTER-6
Big Bazaar is, without doubt, the number one retailer in India. It has built very friendly
relationships with customers. Purity and a clean environment are also the major concern for
big bazaar and Management need to focus on it. This can also say that location, various
services, and cost-effective products are not the only thing which attracts the customer, but
good customer service is one of the vital factors that attract customers.
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6.2 SUGGESTION:
In the company, I got some idea of how to give offers to the customer.
CONCLUSION:
The study concludes that the study on customer satisfaction in Bangalore's Big Bazaar is very
significant to my one-month research is that fashion in large bazaar stores in India has a very
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wide scope for the future. Big Bazaar stores have a friendly customer relationship. Many
customers are happy with Big Bazaar services and people like them schemes very much. Big
Bazaar has created a very good image in the minds of its customers, so they have a very High
expectation level from Big Bazaar. Moreover, Big Bazaar can fly on the path of ultimate
growth if they can bring Further luxury labels at a decent cost and a range of quality products.
Big Bazaar stores will attract customers if a lot of loyalty programs and strategies are used.
Through implementing more creative approaches as recommended, consumers will only
become loyal if they are provided with a more friendly and satisfying store experience. As
most of the retail industries did market research before entering into the market. The same
thing was done by Big Bazaar. Location, market, consumer perception analysis was done by
Big Bazaar. Far more diversification has been invested in it in one year. And they use a lot of
loyalty programs & IT strategies to retain customers. Big Bazaar, a member of the future
community is a hypermarket that provides a vast array of good quality products for everyone
at affordable prices. Big bazaar with over 140 outlets in a different part of India is present in
both the metro cities as well as in small towns.
There is a good working environment and various services are also offered to improve
customer service.
LEARNING OUTCOMES:
This research is done to get and satisfied requirements for the award of degree of master of
business management in this Study I learned how to interact with the customers and learned
about marketing, how to attract customer towards the product in the organization,
Questionnaire, and primary data collection for my project "A study on Customer Satisfaction
at Big Bazaar in G T WORLD MALL Bangalore" After collecting all the primary data, By
doing this research, I gained more knowledge about customer satisfaction. This plan provides
students with very valuable practical training.
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BIBLIOGRAPHY
www.futurebytes.com
www.pantaloon.com
www.retailindia.com
www.google.com
Principles of Marketing management (Philip Kotler)
Marketing Research.
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ANNEXURE:
QUESTIONNAIRE:
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