Professional Documents
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VILLAPAKKAM
FIELD STUDY
PROJECT
2021-2022
NAME : PAVITHRA.B
REGISTER NO : 35121POTO28
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STUDY ABOUT SALES STRATEGY OF SUPER MARKET IN COMMON
CHARACTERISTICS
FIELD STUDY
Submitted by
Name: PAVITHRA.B
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ARCOT SRI MAHALAKSHMI WOMEN’S
VILLAPAKKAM
CERTIFICATE
This is certified to the Bonafide filed study done by PAVITHRA.B and Register
No 35121POTO28 during the Academic year 2021 -2022.
Submitted for field study on the topic of STUDY ABOUT SALES STRATEGY OF
SUPER MARKET IN COMMON CHARACTERISTICS
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Table of content
1 INTRODUCTION 5
3 OBJECTIVES 7-8
5 FINDINGS 23
6 CONCLUSION 24
7 BIBLIOGRAPHY 25
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1. INTRODUCTION
This is also a clumsy and untidy process that disturbs the smooth flow of work. But
this system introduced by us will reduce the huge number of papers works while on
the other side there are many more problems that persist in the manual system. They
reduce efficiency as well as the productivity level of human. Administrative module,
purchase module, employee module, sales module and billing module are some of the
various modules that make up our project.
This is one of the best systems that can be introduced in the supermarket for
efficient management. It will also reduce the cumbersome job of finding the most
accurate data from the huge log books. It also helps the management to keep efficient
records of all the purchases and sales.
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2. AREA OF THE STUDY
Going to the shop to refresh home stock or to make an unexpected purchase should
be productive. Establishments like Daas Supermarket are waiting for likely customers to provide
them with available products and help, whenever required.
Food, cleaning supplies and many other consumer goods from diverse trademarks can
be found here. Display racks are divided into sections that contain categorized sets
of merchandise. Consumers are offered with trolleys for comfortable shopping. Be sure to write
down a list of items you're planning to get and be aware of periodic promotions and discounts!
Here you can purchase bakery products, canned food, non-alcohol drinks.
Type
department store
Type of establishment
juice bar, confectionery shop, fast food
Products
Snack Products
Delivery of goods
Grocery Delivery
Goods
bakery products, spices, soft drinks, canned food, dietary and soy products, flour and grains
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3. OBJECTIVES
To make sure that customers stick with Primark and should not opt any other
To train all the employees up to international standards and let them aware of
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Drive and support ISO standards throughout the Organization
direction, ideas and changes to all store levels and appropriate business
partners.
presentation.
To keep the environment clean ant tidy so that customers doesn’t get any
messy view.
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4. OBSERVATION OF STUDY
The supermarket typically has places for fresh meat, fresh produce, dairy, deli
items, baked goods, etc. Shelf space is also reserved for canned and packaged goods
and for various non-food items such as kitchenware, household cleaners, pharmacy
products and pet supplies. Some supermarkets also sell other household products
that are consumed regularly, such as alcohol (where permitted), medicine, and
clothing, and some sell a much wider range of non-food products: DVDs, sporting
equipment, board games, and seasonal items (e.g., Christmas wrapping paper in
December).
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4.1 OVERALL CHALLENGES
Owners and managers of grocery stores are keen to build sales and profits.
They constantly strive to offer quality products that customers demand at reasonable
prices. Additionally, retailers must constantly be improving customer service
satisfaction in their units. While specific sales and customer service goals are
common with all retailers, certain retail management challenges can hinder a grocery
store’s chance of achieving these objectives.
Hands down, all grocery e-commerce companies agree that the market itself
needs to be tamed first. Even though a number of parameters are in favour of e-
commerce in general like increasing Internet penetration, smartphone users, online
shoppers, logistics support and so on, grocery remains a vertical that requires special
treatment due to the perishable nature of the inventory. Moreover, with India having
multiple grocery stores in or near every neighborhood, a majority of the population
doesn’t have to go far for its daily grocery requirements.
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There has been much consolidation in the grocery stores in recent years. The
surviving grocery stores have realized that they cannot offer all things to all
people. Instead, they are attempting to do the things they can do better than their
competition. Nearly every survey consistently indicates what today customers are
looking for in their shopping experience:
o Sell what they need and have it in stock when they want it.
o Make it easy for them to shop and find what they are looking for.
o Provide all the information they need in order to quickly decide what to
buy.
o Have friendly helpful people available to make the shopping experience
a pleasant one.
Controlling operational costs is certainly one of the biggest challenges that any
retailer faces. Since grocery stores typically run on extremely low profit margins, the
need for a lean and efficient operation is critical. Labour costs are the single greatest
controllable expense. Some grocery store managers have a tendency to cut labour
during tough times. If labour cost reduction is not managed properly, customer
service and store conditions may suffer. This, of course, results in lost customers and
sales. Retailers that do not properly budget for necessary training programs will most
likely see both increased employee turnover, which becomes very costly over time, as
well as reduced customer service, due to a lack of training.
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The grocery store manager must understand the inventory inside and out. In
addition to knowing what the product is, the manager also has to know how often it
ships from the producer, how big the packages are, the most cost-effective quantity to
order, etc. Above all, the manager must know at all times exactly what is on hand,
where it is located, and when it will be replenished.
Grocery stores are always looking for ways to squeeze extra expenses out of
every part of the profit and loss. One of the places they squeeze is in logistics and
Inventory. Retail software help and hurt this aspect of the business. It helps by finding
those extra expenses, but hurts by making it appear as if there are more and more
places to squeeze. They need to focus of the profit loss ratio of the expenses they are
making and what are the benefits they are achieving from that investment. Cost
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benefit ratio is very much important while choosing a process and software for your
business.
Grocery business is the one where the key driver to growth is scale. As the
margins are relatively lower in this category, the game is all about increasing the
number of orders and the ticket size. Unlike the pure play online retail giants (namely
Amazon and Flipkart) who are relying on the high discounts strategy to acquire more
consumers, the e-grocery players cannot use it for their growth as the ticket sizes are
not that high and the margins are quite low to pass on huge benefits to the
consumers.
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competitive pricing and freebies with every order, there would be increased interest
and more shoppers will turn to such format due to the convenience it offers. Also
aiding to this phenomenon is the growth of internet in India which is yet to reach a
tipping point and offers immense hope to this format of grocery shopping.
The past was tough for small and few of the big grocery stores and the near
future won’t be much easier. Differentiation was, and will be, key for retailers in
upcoming years. Grocery stores need to increase focus on creating a unique shopping
experience, store design and product selections, and provide excellent customer
service for their customers.
Data and data management – The amount of data available today and the
increased customer expectation to have access to a lot of product information
has made data management a priority.
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Dominate the grocery shopping experience, e-commerce is a growing business
that is still in its nascent stage in many parts of the world.
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4.3. STRATEGIES TO INCREASE
SALES IN SUPERMARKET
In today’s competitive world, how to
manage a supermarket successfully is a
question running on top of all owners? If the
cash in-flow deteriorates, you better figure
out what is wrong fast. The key to success
here in boosting your supermarket sales is to provide the customer, an experience
that he/she will cherish and talk about. This will ensure repeat business and also
bring in new customers through referrals.
Make it a habit of giving your customers what they want, they will do business
and buy from you. The services you provide should reflect your customer’s needs and
wants to let them talk about you in your city which is an effective supermarket
marketing idea. Think from your customer’s perspective; show, sell and say things
that interest them, not just what interests you. So start knowing your customers that’s
how you start to improve the supermarket business. It is a crucial factor that
determines whether you succeed or not.
People respond best when they are offered various options to choose from.
Train your salesmen to build a rapport with a customer, understand their needs,
and suggest the offers and benefits in your store. Start using a good CRM to manage
the purchase history of a customer. You can start suggesting products or giving
options to customers while they are at the counter.
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4.3.3. Reduce wait time at counters:
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anniversary. This is a great supermarket marketing idea and makes it convenient for
a customer to plan out a happy shopping experience.
Everyone wants customer feedback, but many times we fail to do the best thing
that gets good feedback: Ask if your customer has everything they need or find out
comments that they would like to share. If they hesitate, give them time to give you a
genuine answer before you move on to a different activity or question. Get the best
customer feedback solution which the leading supermarkets prefer MyPulse – Get
Customer Feedback.
Every retailer keeps
working on how to increase sales
in the retail grocery store without
doing an additional investment.
Here is a simple trick that could
improve your supermarket sales.
Keep changing the location of popular items every month or quarter so that shoppers
who are motivated to buy them will have to look for them. This is to make them pass
by and notice other products, stimulating impulse buys. You will be surprised to see
how an old product becomes popular again, just because you’ve moved it to a
different shelf.
4.3.8. Go Digital:
All retail stores need to manage inventory. It is your money sitting on a shelf
and represents a large portion of your business investment. The retailer who merely
watches the store’s shelves can’t maintain a proper balance between the right amount
of stocks and customer demand. Manage your business operations on-the-go with the
WhatsNow, the best mobile solution that lets you carry your business in your pocket.
And have complete control over your inventory with the GoSure to ensure the right
stock, manage goods inward and ensure hassle-free stock picking in your store that is
how you manage a supermarket successfully.
4.3.10. Be Omni-Channel:
Gone are those days were driving customers to your store was a barrier in your
sales. Your sales depend on the experience you deliver to your customers. Connecting
with your customers from the physical to the digital world by providing a complete
self-service shopping experience to a complete assisted shopping experience is an
effective supermarket idea. Offer exposure of multiple channels to your customers.
That exposure provides convenience for your customers to browse or buy in-store, on
mobile, and offline. Such multi-channel needs to support all types of purchase
behaviors from BOPIS (buy online and pick up in-store), ROPO (Research Online and
Pickup offline), BIMBO (Browse In-store in mobile and buy online) ISU (Instore Pick-
up, the traditional model) to BORIS (Buy online and Return in Store). Never make
your customers wait long for deliveries, manage same-day deliveries, or faster
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delivery with your delivery platform. All such is possible with a friendly ERP that
provides integrations to marketplaces, online ordering, delivery platform, and
payment backed up with comprehensive real-time inventory.
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depending upon the inventory types. The layout of the warehouse should be
rearranged followed by routine clean-ups and stock counts.
Low inventory turnover and unhealthy current ratios are detrimental to the
supermarket’s performance and financial health. Whereas, high inventory turnover
might lead to insufficient inventory for sales. In order to strike a balance between
spoilage cost and shelf placement of products, the supermarkets have to adopt a
suitable inventory management technique. This results in improved sales and lower
cost of inventory. Various inventory management techniques that might be suitable
for the business would include ABC analysis, Just in Time method, Economic Order
Quantity (EOQ) model, VED analysis, Minimum safety stocks and Fast, Slow and Non-
moving (FSN) method.
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avoid spoilage of products, the slow-moving items should be included in the
promotional deals and discounts.
Long lines in the supermarkets and unavailability of support staff for guidance
leads to loss of customers and reputation of the business. During the key business
hours, more employees should be scheduled for assistance in the aisles and at the
cash counters. A reliable workforce increases the smooth operations of a business
and enhances profitability.
Nowadays, convenience has become one of the foremost priorities for the
customers in addition to the availability of fresh products. Technological
advancement has paved the way for new shopping styles including online shopping.
In order to meet with these advancements, supermarkets have to integrate
information technologies and link them to the inventory system of the store.
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5. FINDINGS
The study Show the parking facility of the supermarket and now it’s too
important for consumer to park easily their vehicles
Majority of respondent shop once in a week at supermarket and some
respondents ship every fortnight. So, the customer is very regular for the shop
The Majority of respondent (36%) purchase food items at supermarket and
29% purchase vegetables and fruits. It shows customer are not concerned for
one department.
Regarding age wise classification it was noticed that majority of respondents
belong to the middle age group
Regarding gender wise classification of respondent, it was found that the ratio
of respondents is almost same. It shows a change in shopping trend. A Job
which was considered earlier as the job of women is done now a days by man
also.
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6. CONCLUSTION:
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7. Bibliography
www.Wikipedia.org
www.journalresearchijf.com
www.foodnavigator-asia.com
Www.1library.net
https://nicelocal.in/tamil-nadu/shops/daas_supermarket/
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