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Indian retail sector is witnessing one of the most hectic Marketing activities of all
times. The companies are fighting to win the hearts of customer who is God said by the
business tycoons. There is always a ‘first mover advantage’ in an upcoming sector. In India,
that advantage goes to “BIG BAZAAR”. It has brought about many changes in the buying
habits of people. It has created formats, which provide all items under one roof at low rates,
or so it claims. In this project, we will study its marketing strategies and promotional
activities.
Promotion can be loosely classified as "above the line" and "below the line"
promotion. The promotional activities carried out through mass media like television, radio,
newspaper etc. is above the line promotion.
The terms 'below-the-line' promotion or communications refers to forms of non-
media communication, even non-media advertising.
Promotional activities involves various activities such as Advertising, Sales
Promotion such as samples, coupons, cash refund offers, rewards etc and Personal Selling.
The research titled ‘A Study on effectiveness of Promotional Strategy of Big
Bazaar Mysore Road Bangalore’ helps to know the effectiveness of Promotional Strategy
adopted by Big Bazaar in order to attract the customers.
The research was carried out as per the steps of Marketing Research. The objectives
were set for the study. The instrument used for the data collection was questionnaire. The
target respondents were the visitors of BIG BAZAAR, with the sample size of 100. Tables &
charts were used to translate responses into meaningful information to get the most out of the
collected data. Based on those the inferences have been drawn with peer supportive data.
The study was aimed at identifying the effect ok Promotional elements such as
Advertisement, sales promotion. It also intended to understand the impact of stores sales
executive of buying behavior of consumers with this aim, the study was conducted using
descriptive research design and that questionnaire prepared and data were collected and was
analysed through percentage tool. The study reveals that most of the respondents are female
and are graduates.
Although, the respondents become aware of Big Bazaar through news paper ads the
ability to recollect the specific ads is less .The impact of Sales Promotion is good.
Introduction
Retail means selling goods and services in small quantities directly to customers.
Retailing consists of all activities involved in marketing of goods and services directly to
consumer for their personnel family and household use.
The Indian retailing industry is becoming intensely competitive, as more and more
players are serving for the same set of customers. The major retail players are Pantaloon
Retail, Shoppers Stop, Reliance, etc.,
Retailing is one of the biggest sectors and it is witnessing revolution in India. The new
entrant in retailing in India signifies the beginning of retail revolution. India's retail market is
expected to grow tremendously in next few years. According to AT Kearney, The Windows
of Opportunity shows that Retailing in India was at opening stage in 1995 and now it is in
peaking stage in 2008. India's retail market is expected to grow tremendously in next few
years. India shows US$330 billion retail market that is expected to grow 10% a year, with
modern retailing just beginning. India ranks first in 2005.
Sector Details
In India, the most of the retail sector is unorganized. In India, the retail business contributes
around 10 percent of GDP. of this, the organized retail sector accounts only for about 5
percent share, and the expected annual growth rate is 5% per annum and remaining share
is contributed by the unorganized sector. The main challenge facing the organized sector is
the competition from unorganized sector. Unorganized retailing has been there in India for
centuries, theses are named as mom-pop stores.
In organized retailing will grow faster than unorganized sector and the growth speed
will be responsible for its high market share, which is expected to be $ 17 billion by 2010-11.
Existing Competition:
The untapped scope of retailing has attracted superstores like Wal-Mart into India,
leaving behind the kiranas that served us for years. Such companies are basically IT based.
The other important participants in the Indian Retail sector are Bata, Big Bazaar, Pantaloons,
Archies, Cafe Coffee Day, landmark, Khadims, Crossword, to name a few.
Future Group
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of
India’s leading business houses with multiple businesses spanning across the consumption
space. While retail forms the core business activity of Future Group, group subsidiaries are
present in consumer finance, capital, insurance, leisure and entertainment, brand
development, retail real estate development, retail media and logistics.
Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple
retail formats in both the value and lifestyle segment of the Indian consumer
market. Headquartered in Mumbai (Bombay), the company operates over 11 million square
feet of retail space, has over 1000 stores across 63 cities in India and employs over 30,000
people.
The company’s leading formats include Pantaloons, a chain of fashion outlets, Big
Bazaar, a uniquely Indian hypermarket chain, Food Bazaar, a supermarket chain, blends the
look, touch and feel of Indian bazaars with aspects of modern retail like choice,
convenience and quality and Central, a chain of seamless destination malls. Some of its
other formats include, Depot, Shoe Factory, Brand Factory, Blue Sky, Fashion Station, all,
Top 10, bazaar and Star and Sitara. The company also operates an online portal,
futurebazaar.com.
Big Bazaar, a part of the Pantaloon Group, is a hypermarket offering a huge array of
goods of good quality for all at affordable prices. Big Bazaar with over 50 outlets in different
parts of India, is present in both the metro cities as well as in the small towns.
Big Bazaar has no doubt made a big name in the retail industry of india, moreover
shopping here is further made a memorable experience with the varied rates of discounts on
products as well as discount vouchers available in a variety of amounts, like INR 2000, INR
3000, INR 4000, INR 5000 and INR 10000 on all Big Bazaar products and accessories.
This large format store comprise of almost everything required by people from
different income groups. It varies from clothing and accessories for all genders like men,
women and children, playthings, stationary and toys, footwear, plastics, home utility
products,cosmetics, crockery,home textiles, luggage gift items, other novelties, and also food
products and grocery.
The added advantage for the customers shopping in Big Bazaar is that there are all
time discounts and promotional offers going on in the Big Bazaar on its salable products.
Shopping in the Big Bazaar is a great experience as one can find almost everything under
the same roof. It has different features which caters all the needs of the shoppers. Some of the
significant features of Big Bazaar are:
The Food Bazaar or the grocery store with the department selling fruits and
vegetables
There is a zone specially meant for the amusement of the kids
Furniture Bazaar or a large section dealing with furnitures
Electronics Bazaar or the section concerned with electronic goods and cellular
phones
Future Bazaar.com or the online shopping portal which makes shopping easier as
one can shop many products of Big Bazaar at the same price from home
Well regulated customer care telecalling services
Group Vision
Future Group shall deliver Everything, Everywhere, Everytime for Every Indian
Consumer in the most profitable manner.
Group Mission
We share the vision and belief that our customers and stakeholders shall be served
only by creating and executing future scenarios in the consumption space leading to
economic development.
We will be the trendsetters in evolving delivery formats, creating retail realty, making
consumption affordable for all customer segments – for classes and for masses.
We shall infuse Indian brands with confidence and renewed ambition.
We shall be efficient, cost- conscious and committed to quality in whatever we do.
We shall ensure that our positive attitude, sincerity, humility and united determination
shall be the driving force to make us successful.
Kishore Biyani is the Managing Director of Pantaloon Retail (India) Limited and the Group
Chief Executive Officer of Future Group..
Mr. Gopikishan Biyani, Wholetime Director
Gopikishan Biyani, is a commerce graduate and has more than twenty years of experience in
the textile business.
Mr. Rakesh Biyani, Wholetime Director
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.
Mr. Vijay Kumar Chopra, Director
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.
As the research topic is the effect of Promotional Strategy of Big Bazaar, the study analyses
the impact of promotional strategies on customers. As Big Bazaar is spending crores of
amount towards it in order to attract the customers and to increase foot falls.
It also facing a stiff competition from various retailers, it is necessary to study the effect of
Promotional Strategy of Big Bazaar.
Big Bazaar uses lot of Promotional strategy and it should evaluate its impact and through
doing research it can decide its future plans for implementing still more Promotional
strategies.
The scope of the study is quite vast as it covers the customers of Big Bazaar
1. This study helps to know about the awareness of advertisements by the customers
towards Big Bazaar.
2. Advertisement includes in store and out store advertisements provided by the Big
Bazaar.
3. Promotional Strategy involves many aspects such as advertising, sales Promotion,
personnel selling, public Relation and direct Marketing. But this research work is
mainly focused on 3 aspects like advertising, sales promotion and personnel selling.
4. The study was mainly conducted within the limit of the Mysore Road Big Bazaar
Research design:
Descriptive: i.e describing the present situation of the company, by collecting data from
different sources.
Sampling design:
Primary data is that type of data which includes the first hand information which is
being collected from the respondents through observation or through direct communication
with respondents in one form or another or through personal interviews.
Secondary data means data that are already available that is the data which
have already been collected and analyzed by someone else. When the researcher utilizes the
secondary data, then he has to look into various sources from where he can obtain them. In
this case he is certainly not confronted with the problems that are usually associated with the
collection of the original data. Secondary data may either be published data or unpublished
data.
The various statistical tools were used to analyze the data of which percentage
analysis and opinion test were done for the customer. Pictorial representation like graphs and
charts helps to interpret the data.
Software used: MS- excel has been used for the purpose of analyzing the data.
• The respondent may skip some questions. Also they may not respond to every
question correctly.
• The important constrain is the time limit. Since the study had to be conducted in a
short span of time, the accuracy may be affected.
Interpretation:
From the above table it is clear that 40% of the respondents are in the age group of
21-30 and 20% are in the age group of 31-40 and above 40.
20% 20%
Less than 20
21-30
31-40
20% Above 40
40%
Interpretation:
From the above table 55% of the respondents are female and 45% are male.
45% Male
55% Female
Interpretation:
From the above table it is clear that 70% of the respondents are married, and 30% are
unmarried.
80
60
% Of
40 70 Respondence
20 30
0
Married Unmarried
Interpretation:
From the above table it is clear that 35% of the respondents are Graduates, 28% are
PUC and 25% are Post Graduates.
35
30
25
20
35
15 28
25
10
12
5
0
SSLC PUC Graduate Post
Graduate
Interpretation:
From the above table it is clear that 32% of the respondents are Profestional and 28%
are Self employed.
25%
32% Professional
Student
Self employed
Others
28% 15%
Interpretation:
From the above table it is clear that for 75% of the respondent’s News Paper is
the Source of Awareness and for 10% of respondents Television is the source of
awareness.
75
80
70
60
50
40
30
20 10 10
5
10
0
News Television Radio Others
paper
Interpretation:
From the above table it is clear that 35% of the respondents are able to
recollect as they have seen the advertisement of Big Bazaar.
35%
Yes
No
65%
Interpretation:
From the above table it is clear that 59% of the respondents is impressive,21% saying
that advertisement is entertainment and 18% of the respondents saying that it
isinteractive.
Table-9: Table showing customer knowledge towards the promotions offered at Big
Interpretation:
From the above table it is clear that 50% of the respondents have the knowledge about
price-off at big bazaar,. And about 28% of the respondents have the knowledge about free
gifts followed by 12% are having the knowledge about coupons.
Interpretation:
From the above table it is clear that 53% of the respondents purchase at big
bazaar because of its low pricing,. And about 24% of the respondents purchase at big bazaar
because of its quality followed by 15% of the respondents purchase at big bazaar because of
its pricing and 8%because of its Brand name.
Diagram showing the Purchasing at Big Bazaar is mainly because of its following
characteristics
Interpretation:
From the above table it is clear that only 5% of the respondents feel that the varity of the
products offered at the store is not good, which is negligible. And about 59% of the
respondents saying that that the variety of products offered are avery good followed by 36%
are expressing the variety of the products is average.
Diagram showing the classification of respondents based on that they have any Idea
about Sales Promotional programme of Big Bazaar.
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 49% of the
respondents saying that that the quality of products offered are average followed by 49% of
are expressing the quality of the products is good.
Diagram showing customer perception towards quality of the products offered at Big
Bazaar
Interpretation:
From the above table it is clear that 80% of respondents will make purchase at Big
Bazaar if other Brand offering at same quantity and price.
Diagram showing whether customer will make purchase at Big Bazaar if other
Brand offering at same quantity and price.
Interpretation:
From the above table it is clear that out of 100 respondents 40% of the respondents
buy due to its reasonable prices.And about 26%of the respondents which is second most shop
because the store is one stop shop and 15% of the respondents shop due to the good shopping
experience at the store,7% of the respondents shop due to the good quality of the products
and 5% of the customers because of good ambience at the store.
Diagram showing the Reasons for which the customers shop at Big Bazaar.
Interpretation:
More than half of the respondents feel that the shopping experience at the Big Bazaar
is very much satisfied and its about 75% followed by 13% of the respondents feel that the
experience of shopping is highly satisfied and 12% of the respondents it is neither satisfied
nor dissatisfied.
Interpretation:
From the above table it is clear that for 20% of respondents sales executives service
delivery was good, for 15% their attention and informative are satisfactory, for 10% they are
helpful.
Interpretation:
From the above table out of 100 respondents for 50% of respondents the sales
promotion programmes helps them to take decisions, for 20% of respondents it increases
awareness.
Big Bazaar is spending crores of rupees for the Promotional Strategy and this research
is focused to know the effectiveness of Promotional strategy towards Big Bazaar.
Customers responded positively to the promotions offered at the store, with the sales
during the weekends and festive seasons picking nicely. The quality of the products offered
at the store was also very well accepted by the customers.
Reasonable price of the products at the store was the driving factor for the customers
to shop at the store.
After defining the statement of the problem suitable objectives were set.
The survey found that newspaper and TV advertisements reach the target customers
more easily than any other promotion.
From the research it can be concluded that the Promotional Strategy adopted by Big
Bazaar enhances the buying behavior of the customer.
QUESTIONNAIRE
Sir/Madam
I am Raghu.G, MBA IV Sem, student of Institute of Management Studies,
Davangere. I have taken up a Project entitled “Effectiveness of promotional strategy of
BIG BAZAAR” I kindly request for your interest, honesty and attention while responding
the questionnaire.
Yours faithfully
1) Age:
a) Less than 20 b) 21-30
c) 31-40 d) Above 40
2) Sex:
Male Female
3) Marital Status:
Married Unmarried
4) Education:
a) S S L C b) P U C
5) Occupation:
a) Professional b) Student
c) Radio d) Others
a) Yes b) No
a) Impressive b) Entertainment
9) Do you know any of the following sales promotional programmes of Big Bazaar?
a) Pricing b) Availability
a) Yes b) No
14) Rank the following with a scale of 1to 6 .why do you shop at Big Bazaar because
of (1 is highest and 6 is lowest)
a) Good ambience
b) It is one stop shop
c) Easy accessibility of stores
d) Reasonable prices
e) Good quality of products
f) Good shopping experience provided
16) What is your opinion about the Store Sales Executive please indicate your opinion
on the following factors.
Factors Yes No
1)Receptive to the Queries
2)Helpful
3)Pleasing
4)Highly Cooperative
5)Attentive
6)Informative
7)Service Delivery
8)Customer Friendly
a) Increased Awareness
b) Enhanced Brand Image of Big Bazaar
c) Provided useful information to take Decision
d) Convinced to make a trial
e) Convinced you to become regular shoppers
…………………………………………………………………
………………………………………………………………..
…………………………………………………………………
Signature of Respondent
BOOKS
WEBSITE
www.pantaloon.com
www.retailindustry .com
www.bigbazaarindia.com