Professional Documents
Culture Documents
A Project Report
On
“Market Segmentation”
Submitted By
NAME : SHARDA KUMARI
Session : 2018-2021
Roll no. : 18BC8670117
Reg no. : 1870117
CERTIFICATE OF APPROVAL
DATE:
PLACE: EXAM ROLL NO:
ACKNOWLEDGEMENT
A good starts lead to a fine end. The ideal way to begin documenting
this project work would be extend my earnest gratitude to everyone
who has encourage, motivated and guided to make a fine effort for
successful completion of this project.
I would like to express my special thanks to my principal Dr .V. S.
Tiwari as well as our Mr. SHADAB AMHED who gave me golden
opportunity to do the wonderful project on the topic “MARKET
SEGMENTATION”.
I am very thankful to Mr. SHADAB AMHED, faculty of Business
Management for guiding me throughout the project. My sincere
gratitude to the college management for extending their co-operation
for successful completion of my project.
A final word of thanks goes to my parents, friends and everyone else
who made this project possible. Your contribution have been most
appreciated.
PREFACE
Ranchi and is has not formed on the basis for the reward of
any degree or diploma or associate-ship or fellowship or
other similar title to any candidate or any other university.
I am satisfied with the contents of the project report and I do
maintain that, he has undertaken the dissertation work
systematically and meticulously and the whole responsibility
underlines with me.
SIGNATURE
CONTENT
S.NO. Topics PageNo.
1 Certificate Of Approval 2
2 Declaration 3
3 Acknowledgement 4
4 Preface 5
5 Bonafide Certificate 6
7 Objectives 10
8 Importance of project 11
20 Conclusion 67-68
21 Bibliography 69
22 THANK YOU 70
Market Segmentation
PANTALOONS
FRESH LOOK FRESH
FEEL FRESH ATTITUDE
OBJECTIVE OF PROJECT
IMPORTANCE OF PROJECT
India has the lowest median age of 24, for its over 1,000
million strong population, among the other highly populous
countries (Source: KSA Technopak) Thus India has the
largest ‘young’ population in terms of sheer size and we
believe this young segment is the major driver of
consumption as they have the ability (disposable income)
and willingness (consumer confidence) to spend. Most of
such upwardly mobile consumers have little personal time
and they seek greater variety and availability of items under
a single roof and give highest preference to convenience,
which is the basic proposition of modern retailing formats.
The brand-conscious young population forms the largest
segment of demand for the majority of retailers.
Changing age demographics in India
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.
Future Group will not wait for the Future to unfold itself but
create future scenarios in the consumer space and
facilitate consumption because consumption is development.
Thereby, we will effect socio-economic development for our
customers, employees, shareholders, associates and
partners.
Our customers will not just get what they need, but also get them
where, how and when they need.
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.
Core Values
✓ Indianness: confidence in ourselves.
✓ Leadership: to be a leader, both in thought and
business.
✓ Respect & Humility: to respect every individual and be
humble in our conduct.
✓ Introspection: leading to purposeful thinking.
✓ Openness: to be open and receptive to new ideas,knowledge
and information.
✓ Valuing and Nurturing Relationships: to build long term
relationships.
✓ Simplicity & Positivity: Simplicity and positivity in our
thought, business and action.
✓ Adaptability: to be flexible and adaptable, to meet
challenges.
✓ Flow: to respect and understand the universal laws ofnature.
Growth of pantaloons-
Pantaloons 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 16 million square feet of retail space, has over
1000 stores across 73 cities in India and employs over
30,000 people.
Our Culture-
Passion for Retail is why we are here.
Lifestyle
Retailing
MeLA
Pantaloons-‘Fresh Fashions’
Started in 1997 through one 8,000 square feet store in
Kolkata, Pantaloons is the first organized departmental
store format targeting the Indian middle class and upper
class customers across age and gender. The focus is largely
on apparels and accessories and covers the entire family.
They offer a wide variety of product range including
trousers, shirts, casual wear, western and ethnic wear for
women, children’s clothes, accessories, jewellery. They
also provide a combination of private label and third Party
Label.
Private Labels-“Pantaloons” is life style retailing format.
The objective is to offer differentiated products not
available elsewhere. The focus is on Private Label products
and fashion at affordable prices. The antecedent of the
Company lie in garment and fabric manufacturing and
trading, this ability to understand the apparel business
has translated into active and strong Private Label
offering contributing to 77% of our total apparel
revenuesin Pantaloons in FY 2005.
Few of our Initial Private Labels includes;
Private label Year of launch Category
Pantaloon trousers 1987 Mens Wear
Bare Jeans 1991 Jeans, shirts, knit wear,
gaberdines, jackets and other
accessories
John Miller 1995 Shirts
Shrishti 1998 Ladies wear
Scotsville 1999 Winter wear- sweaters,
cardigans and blazers
Annabelle 1999 Ladies western wear
Ajile 2000 Sports wear
Sourcing / Purchasing
• The category manager controls quantities to be purchased as
per the sales forecast. The purchasing is done based on
range plan made for the season and re-orders been placed
based on sales and stock levels. The Category Manager
reviews the actual sales versus planned sales and source the
material based on feedback from storefront.
Logistics
• Category manager ensure that goods are dispatched in right
quantities and at right time to reach stores with sufficient time
in hand to promptly cater to customer demands.
Promotions
• Category manager plans promotions / brand or product
building schemes. The category manager identifies slow
movers and also disposal plan for the same.
1. Information Technology
2. Human Resources
3. Retail Information System
4. Internal Controls
5. Measurement of Customer Satisfaction
1. Information Technology
A key element of the corporate functions is the Information
Technology strategy and set up. They are in the process of
revamping their systems to address the growing demands
of the customer and to have a seamless flow of activities.
Organization Structure
The organization is headed by our Managing Director. The
employees follow an inverse pyramid structure; as a result
decisions are taken closest to the point of customer action.
Sales executive are encouraged to think customer first.
They are empowered to run their respective departments
like ‘small business owners’.
HR Manager
Department Manager
-organizational
Store Mgr., Buyers, planning
Merchadise Mrg, -systems building
RM, GM -Performance mgmt.
-Personal enhancement
-Competency mapping
Board & building
-Compensation policy
Sales Promotion
Sales promotion is different promotion, Sales promotion
refers to those marketing activities other than personal
selling, advertisement and publicity, which stimulate
consumer purchasing and dealer effectiveness, such as
displays, shows and expositions, demonstrations and
various non-recurrent selling efforts not in the ordinary
routine. Its purpose is to increase the desire of salesman,
distributors and dealers to sell a certain brand and to make
consumers more eager to buy that brand. This includes
sales activities which supplement both personal selling and
advertising.
Effects of Promotion
❖ Free Samples.
❖ Premium or Bonus Offer.
❖ Exchange Schemes
❖ Price-off offer
❖ Coupons
❖ Fairs and Exhibitions
❖ Trading Stamps
❖ Scratch and win offer
❖ Money Back Offer.
❖ Globus
Launched in January 1998, Globus is part of the Rajan
Raheja group. The company opened its first store at
Indore in 1999, followed by the launch of its second
store in Chennai (T-Nagar). Soon to follow was another
store in Chennai located in Adyar. The flagship store in
Mumbai opened on 1st November 2001 followed by a
swanky new outlet in New Delhi in South Extension Part-
2.The sixth & seventh stores opened in Bangalore in
Koramangala & Richmond Road respectively. The eighth
store opened in Ghaziabad at Shipra Mall and was
followed by the ninth at Kalaghoda in Mumbai; tenth in
Thane and eleventh in Ghaziabad. The twelfth, thirteenth,
fourteenth stores opened in Kanpur, Ahmedabad and
Lucknow respectively. Recently Globus has opened its
Store in Indore, Aurangabad and the journey continues...
Joint No No No No No
Promotio
n
www.pantaloonretail.in
http://en.wikipedia.org/wiki/Pantaloon
www.pantaloon.com
www.future-group.com
www.riedelresearch.com/.../34_Pantaloon%20Retail%20India
%20Ltd%2004Sep2008