Professional Documents
Culture Documents
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DECLARATION
Tarun Garg
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CERTIFICATE
Certified that the research project entitled “Customers perception towards Big
Bazaar” done by Tarun Garg during the period of his study under my
guidance and that the research project has not previously formed the basis for
the award of any degree, diploma, associate ship, fellowship or similar other
titles and that it is independent work done by him.
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Acknowledgement
Tarun Garg
Table of Content
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Graph 6 Customer perception product variety 27
Graph 7 Perception of shopping experience at the store 28
Graph 8 Customer perception towards parking facilities 29
Graph 9 Customers perception towards billing system 30
Graph 10 Customer perception towards promotion offers 31
Graph 11 Customers perception towards interaction of sale 32
people
Graph 12 Customer perception towards quality of products 33
offered
Graph 13 Customer perception towards facilities provided by 34
Big Bazaar
Graph 14 Showing the reason for which customers shop 35
Graph 15 Showing customer perception towards private label 37
products
Graph 16 Showing customer preference towards brand 38
Graph 17 Show the satisfaction of the customers towards Big 39
Bazaar
EXECUTIVE SUMMARY
Big Bazaar is a chain of shopping malls in India owned by the Pantaloon Group.
Big Bazaar has democratized shopping in India and is so much more than a
hypermarket. Here, you will find over 170,000 products under one roof that
cater to every need of a family, making Big Bazaar India’s favorite shopping
destination. Big Bazaar is the destination where you get products available at
prices lower than the MRP, setting a new level of standard in price, convenience
and quality. It was started in the year 2001 with the slogan “Is se sasta aur
achcha kahin nahi”.
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The title of the project is “Customer perception towards Big Bazaar(Ambala)”.
The purpose of the study is to understand how the customers perceive the store
and provide suggestions for improvement. The type of the research design used
was the Descriptive Research design and the sampling procedure that was
followed was non probabilistic convenience sampling. The total sample size for
the study is 100 respondents across all the ages, income category, occupation
and gender. Bar charts and other useful tools are used for the analysis of the
study.
Some of the limitations of the study include the biased responses provided by
the respondents; the sample may not represent the whole population, and most
customers were busy with shopping are some of them. Structured questionnaire
were used to get the responses from the respondents by personally interviewing
them in the store. Some of the suggestions provided by the respondents for
improvement include increasing the efficiency of the billing system in
weekends and during festive seasons, proper arrangement of the products,
reducing too much crowd during festive seasons and improvement in parking
facility. Based on the findings the conclusion was that the overall perception of
the customers towards the store is good. The overall perception was good but
there is still scope of improvement, which are the recommendations given for
the study include priority given on the basis of quantity of purchase in the queue
to complete the billing formalities, proper trimming or arrangement of the
products, making aware and attractive, attracting the customers by conveying
the benefits of visiting the store during off season, improving the ambience and
making sales personnel interaction more effective are some of the
recommendations given for the study.
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Introduction
The Indian retail industry is the fifth largest in the world. Comprising of
organized and unorganized sectors, India retail industry is one of the fastest
growing industries in India, especially over the last few years. Though initially,
the retail industry in India was mostly unorganized, however with the change of
tastes and preferences of the consumers, the industry is getting more popular
these days and getting organized as well. With growing market demand, the
industry is expected to grow at a pace of 25-30% annually. The India retail
industry is expected to grow from Rs. 35,000 crore in 2004-05 to Rs. 109,000
crore by the year 2010.
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to grow to US$ 700 billion by 2010. By the same time, the organized sector will
be 20% of the total market share. It can be mentioned here that, the share of
organized sector in 2007 was 7.5% of the total retail market.
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Major Retailers in India
Pantaloon:
Pantaloon is one of the biggest retailers in India with more than 450 stores
across the country. Headquartered in Mumbai, it has more than 5 million sq. ft
retail space located across the country. It's growing at an enviable pace and is
expected to reach 30 million sq. ft by the year 2010. In 2001, Pantaloon
launched country's first hypermarket ‘Big Bazaar’. It has the following retail
segments:
Tata Group
Tata group is another major player in Indian retail industry with its subsidiary
Trent, which operates Westside and Star India Bazaar. Established in 1998, it
also acquired the largest book and music retailer in India ‘Landmark’ in 2005.
Trent owns over 4 lakh sq. ft retail space across the country.
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RPG Group
RPG Group is one of the earlier entrants in the Indian retail market, when it
came into food & grocery retailing in 1996 with its retail Foodworld stores.
Later it also opened the pharmacy and beauty care outlets ‘Health & Glow’.
Reliance
Reliance is one of the biggest players in Indian retail industry. More than 300
Reliance Fresh stores and Reliance Mart are quite popular in the Indian retail
market. It's expecting its sales to reach Rs. 90,000 crores by 2010.
AV Birla Group
AV Birla Group has a strong presence in Indian apparel retailing. The brands
like Louis Phillipe, Allen Solly, Van Heusen, Peter England are quite popular.
It's also investing in other segments of retail. It will invest Rs. 8000-9000 crores
by 2010.
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Vending: it is a relatively new entry, in the retail sector. Here beverages,
snacks and other small items can be bought via vending machine.
Category killers: small specialty stores that offer a variety of categories.
They are known as category killers as they focus on specific categories,
such as electronics and sporting goods. This is also known as Multi Brand
Outlets or MBO's.
Specialty stores: are retail chains dealing in specific categories and
provide deep assortment. Mumbai's Crossword Book Store and RPG's
Music World are a couple of examples.
TheFuture
The retail industry in India is currently growing at a great pace and is expected
to go up to US$ 833 billion by the year 2013. It is further expected to reach US$
1.3 trillion by the year 2018 at a CAGR of 10%. As the country has got a high
growth rates, the consumer spending has also gone up and is also expected to go
up further in the future. In the last four year, the consumer spending in India
climbed up to 75%. As a result, the India retail industry is expected to grow
further in the future days. By the year 2013, the organized sector is also
expected to grow at a CAGR of 40%.
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Company Profile:
Type: Subsidiary of Pantaloon Group.
Founded: 2001.
Headquarters: Mumbai, India.
Industry: Retail.
Parent: Pantaloon Group.
Owner: Kishore Biyani.
Slogan: Is se sasta aur accha kahi nahin.
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Big Bazaar is a chain of hypermarket in India, which caters to every family’s
needs and requirements. This retail store is a subsidiary of Future group,
Pantaloons Retail India Ltd. and is an answer to the United States’ Wal-Mart.
Big Bazaar has released the doors for the fashion world, general merchandise
like sports goods, cutlery, crockery, utensils, and home furnishings etc. at best
economical prices.
Big Bazaar group offers more than 100 stores all over the country with an
amalgamation of Indian bazaars’ feel and touch with a convenience and choice
of the modern retail facilities. The retail format of the Big Bazaar group
includes Aadhar, Rural & Home-Town retail chain, Ezone home-improvement
chain, sportswear retailer, depot and music chain is few among others.
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2. To know the frequency of the customers visiting the store.
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Types of Research Design:
1. Exploratory Research
2. Descriptive Research
Exploratory research focuses on the discovery of the ideas; the major purpose of
this study is to identify the problem. Exploratory study is used in the initial
phase of the research. The broad and vague problem divided into small and
precise statements. Exploratory research is intended to develop initial insight
and provide direction for any other further research needed.
The design attempts to specify the nature of functional relationship between two
or more variable factors present in the problem environment. Experimentation is
done to find the effect of one factor on the other. The objective of the causal
research includes: to study the Cause-Effect relationship of factors that affect
the market.
Research Method
There are mainly five types of research methods used in a study. They are:
• Observation
• Experimentation
• Survey
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• Test Marketing
• Consumer panel
For this study, the survey and observation method were more appropriate then
other methods because the study required the responses from the respondents
and survey method suited the most.
Type of Data
There are mainly two types of data collection method. They are:
Primary data is the data, which is collected at the first hand either by the
researcher or by someone else especially for the purpose of the study.
Communication and observation are two basic means of obtaining primary data.
Communication involves the questioning of respondents to secure the described
information using a data collection instrument. Observation does not involve
questioning. Rather it means that the situation of interests is checked and the
relevant facts, actions and behaviour are recorded.
The primary data for this study was collected through questionnaires. This
method of data collection is quite popular, particularly in case of big enquiries.
The questionnaire has been used to survey the customers who visit the BIG
BAZAAR store.
Secondary data includes those data, which are collected for some earlier
research work and are applicable in the study, the study researcher has presently
undertaken. Efficacious use of secondary data can both save money and time of
the researcher. The researcher using secondary data must also know the
fundamentals of the primary data collection. Secondary data is a valuable source
of data.
Though the secondary data is less expensive and can be collected within a short
period of time yet, they do not solve the research problems completely. This
may be due to different units of its measurement, different classes employed to
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report data, which may become outdated by the time of its publication, this data
may not be adequately processed, it may not be sufficient and so on.
Sampling Procedure
In the study of this kind primary data plays a vital role. Regardless of the
method used to obtain the primary data (experimentation, observation and
survey), the researcher has to decide whether the data to be obtained from every
unit of the population under study or only a representative portion of the
population will be used.
The first approach, which is collecting data about each and every unit of the
population, is called census method.
The second approach, where only a few units of population under study are
considered for analysis is called sampling method.
Sampling plan
Type of sampling: The sampling is non-probability convenient sampling of
customers. The respondents are chosen according to the convenience of the
researcher. The customers who gave visit to the store during the study they were
picked randomly according to the researcher convenience.
Sample size: The total sample size for the study was 100 responde
Research Instrument
The instrument used in the study is – structured questionnaire.
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The data was collected by personally interviewing all the respondents.
Every research is carried under some boundaries and this research is not an
exception.
The opinion of the respondents visiting the BIG BAZAAR store may not
represent the whole population.
There might have been tendencies among the respondents to filter their
responses under the given conditions.
The customer’s opinion might have been biased and may not represent
the whole population of the city.
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Male 53 53%
Female 47 47%
Total 100 100%
Analysis:
The survey consist 53 male respondents and 47 female respondents. The given
gender distribution for the study the male respondents are more than the female
respondents.
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Married 39 39%
Unmarried 61 61%
Total 100 100%
Analysis
The above table shows the marital status of the respondents. About 39% of
respondents are married and 61% of respondents are unmarried.
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Students Business man employee other
15%
32%
30%
23%
Analysis
From the above table students business man and employee have equal responses
of the respondents except the other which consist the 15% of the respondent.
Table no. 4 : showing the Frequency of Respondents visiting Big Bazaar stores
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ANALYSIS AND INTERPRETATION:
About 16% of the respondents would like to visit the store once in a
week; this day will be mostly weekend’s .i.e. Saturdays and Sundays. Very few
respondents would like to visit twice in a week that are 10%. About 25% of the
respondents would find it ideal to visit once in a month, which is second highest
frequency of visiting the stores. And at last only 49% of the respondents
would.like to visit occasionally as most of them do not want to miss the
experience of shopping or due to need that arise for the products and
promotional offer.
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Analysis and Interpretation:
About 25% of the respondents feel that a price of the products at “Big Bazaar”
is economical i.e. they are not too high and not too low. About 40% of the
respondents feel that the prices are competitive and 5% of the respondents feel
the prices are high and they are unsatisfied price of the product in Big Bazaar.
The above table shows that 30% of the respondents feel the prices at the store
are affordable and price of the product do not bother much while making a
purchase decision.
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Analysis and Interpretation:
The above chart show that 7% of the respondents say that product variety in Big
Bazaar is narrow. And 13% say that it is average. But 80% of the respondents
feel that products variety is broad in Big Bazaar.
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80
70
60
50
40
30
20
10
0
Delighted Satisfied Unsatisfied
More than half of the respondents fell that the shopping experience at “Big
Bazaar” is followed by 70% who feel that they are satisfied and 25% of the
respondent have delighted shopping experience. But 5% have unsatisfied (Poor)
experience.
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Analysis
The above table shows that 45% of the respondents say that the parking facility
is average and 15% of the respondents say its good, and finally 40% of the
respondents feel that the parking facility is poor. The capacity of the parking
facility is about 30 to 50 vehicles. On the weekends customers face difficulty of
finding parking place .i.e. both two wheeler and four wheeler vehicle owners.
So from the above table it is clear that majority of the respondents perceive the
parking facility provided as average followed by the options good and poor.
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45
40
35
30
Customers
25
20
15
10
0
Poor Average Good
The above table indicates that 40% of the respondents perceive that the billing
system is average followed by 27% of the respondents perceiving as good and
33% as poor. Customers find it difficult with the long Billing counters during
the weekends as compared to the week days. The above table clearly indicates
that the perception towards the functioning of the billing counter is average and
needs to function more efficiently.
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Analysis and Interpretation:
42% of the Customers visiting the stores perceive that the promotions offered at
store are good and 46% of the respondents feel that the promotions offered are
average and finally 12% of the respondents perceive that the promotions offered
are ineffective. From the above table we can say that the promotions offered
during the festivals, and in other off seasons are effective and most of the
respondents respond to and feel good about the promotions offered at the store.
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80
70
60
50
40
30
20
10
0
Less Interaction Much Interaction
Table No.12 shows the Customer perception towards quality of the products
offered
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Analysis and Interpretation:
From the above table it is clear that only 2% of the respondents feel that the
quality of the products offered at the store is poor, which is negligible. And
about 27% of the respondents saying that the quality of the products offered are
average followed by 71% of the respondents expressing that the quality of the
products is good. So from the above table it is clear that the respondents are
pretty much comfortable with the quality of the products offered at the store.
Table no.13: Show facilities provided by Big Bazaar much better than other
retail store
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Yes
No
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Good Ambiance It is one stop shop Eassy accessibility of store
reasonable Price Good quality of Product All of Them
2%
5%
9%
8%
10%
66%
From the above table it is clear that most of the customers shop at Big Bazaar
because it offers reasonable prices, about 8% of the customers shop due to this
reason. And about 66% of the customers, which is most force to shop because
the store is one stop shop and 9% of the customers shop due to the good quality
of the products offered in the store followed by 10% of the customers because
of easy accessibility of the stores and 2% of the customers because of good
ambience at the store. Only 5% of the customers come to Big Bazaar because
all of them.
So from the above table we can infer that reasonable prices is the most
dominating factor that make the customers to shop at Big Bazaar and the other
factors in the hierarchy include it is a one stop shop, good shopping experience,
good quality of the products offered, easy accessibility of the stores and at last
which is the least dominating factor is good ambience.
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Table no.15 show customers know the private label products
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Analysis and Interpretation
This table indicate that very few number of customers know about the private
label product which is offered by Big Bazaar. 57% of the respondents know
about the private label products and 43% of the customers do not know the
private label product.
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60
50
Customers
40
30
20
10
0
Local Store Brands Branded
Most of the respondents use the branded product. 61% of the respondents use
branded products and 36% of the customers use the store/private label brand.
Only 3%of the respondents use local brands
So, here we analysis that most of the customers use the branded products as
well private label product.
Table no. 17 show the satisfaction of the customers towards Big Bazaar.
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Analysis and Interpretation:
Most of the respondents say that they are satisfied with products which are
offered by Big Bazaar. 92% of the respondents say they are satisfied and only
8% of the customers unsatisfied and they reply they are not satisfied.
Conclusion
The overall perception of the BIG BAZAAR store is good except in some areas
like billing system during the weekends, and parking facility. The target market
for the BIG BAZAAR hyper market is the growing middle class segment.
Customers found the prices are affordable with a good variety of the products
available under one roof.
Customers responded positively to the promotions offered at the store, with the
sales during the weekends and festive seasons picking up nicely. The quality of
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the products offered at the store was also very well accepted by the customers,
and customers also enjoyed the food offered at the food stop.
Reasonable price of the products at the store was the driving factor for the
customers to shop in the store. Most of the customers found it convenient to
visit the store once in a week.
So we can conclude that the overall perception of the customers towards the
store is positive and are satisfied with the way the store is managed.
RECOMMENDATIONS
• The problem of the billing system comes into picture during the weekends and
during the festive seasons, where in it takes a lot of time for the customers to
complete the billing formalities. So the store should take certain steps where the
customers without any difficulty pays the bill and comes out of the queue as
soon as possible. For this the store can give priority for the customers whose
purchases are bulky and allow that customer to come out of the queue as soon
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as possible because of the bulk purchases made by that customer. In this way by
introducing certain flexibility the problems can be reduced.
• During the festive seasons and weekends the store will be too crowded and
customers do not find it comfortable to shop. So it is important that there will be
smooth flow of the customers within the store and the customer finds it easy to
shop during this period. For this reason the store can covey the benefits of
visiting the store during the off season to the customer. The same strategy can
be used by the store to reduce the problem of parking during the weekends and
festivals.
• The sales personnel in the store also play a very vital role in influencing the
customer perception towards the store. As sales people in the store are the one
who face the customers and interact with them on the consistent basis they
should posses a descent knowledge about the products in which they are
involved in selling and make sure that they behave in a right way with the
customers.
• The store should not focus only on one or two areas to improve the customer
perception towards the store instead, the organization should involve itself in
improving all the customer influencing areas and try to improve the overall
customer perception towards the store.
• The tidiness of the store also helps in enhancing the image of the store. The
employees should make sure that the floors of the store are clean and no dust
should be found on the products. These small things should be taken care of
regularly and should not be ignored thinking that these are small things.
• The ambience within the store also plays a very important role in influencing
the customer perception towards the store. The ambience, such as the lighting in
the store, the music that is being played etc. should be taken care of. Good
ambience for shopping improves the customer perception.
• One bad instance in the store can disappoint the customers. So the employees
in the store should make sure that, no bad instance is faced by the customers
while shopping. Practicing this enhances the customer perception towards the
store.
• Last and not the least all the employees should work as a team to provide a
better shopping experience to the customers. At the end of the day what counts
is, what is that the customers have taken away from the store. So all the
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employees should work as a team and provide a good shopping experience to
the customers so that the customers visit the store frequently.
BIBLIOGRAPHY
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HAVALDAR, KRISHNA K . INDUSTRIAL MARKETING, TMH , NEW DELHI
QUESTIONERE
Name…………………………… Contact
No…………………
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Gender: Male Female
Marital status: Married Unmarried
Occupation Student Business Man
Employee Others
Sir/Madam
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Delighted Satisfied Unsatisfied
8. The interaction of sales people with the customer in the store is?
10.Do you think the facilities provided by the Big Bazaar, are much better than the
other retail stores?
Yes No
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Good ambience it is one stop shop easy accessibility of store
Yes No
14.Are you satisfied with products which are offered by Big Bazaar?
Yes No
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