Professional Documents
Culture Documents
BY
Roll No : MBA23M02
(PROF.SAILESH)
PUNE- 412115
i
This is to certify that the Project Report titled STUDY ON CUSTOMER
SATISFACTION AND CUSTOMER SERVICE PROVIDED AT PANTALOONS , is an
CERTIFICATE –
ii
iii
DECLARATION BY THE STUDENT
I hereby certify that the work which is being presented in the present
WINTER Internship Report entitled “_PANTALOONS ADITYA BIRLA FASHION
AND RETAIL Ltd.” is for fulfilment of the requirement for the award of Degree
Abhipsa Pattjoshi
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ACKNOWLEDGMENT
The internship opportunity with PANTALOONS ADITYA BIRLA FASHION AND
RETAIL Ltd., provided me a platform to work with highly qualified and experienced
individuals who opened up new avenues of learning and professional development for
me. Therefore, I consider myself as a very lucky individual as I was provided with an
opportunity to be a part of it.
This internship would not have been the same without the enthusiasm and vigor
provided by my External Mentor Mr. VISHAL DANI (Store Manager) whose behavior
was outstanding. Hence, I would like to express my deepest gratitude to him/her who
heartily welcomed me for the internship and whose guidance and dedication
encouraged me throughout the summer internship program.
Sincerely,
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TABLE OF CONTENTS
Sr No Particulars Page
1 Project title page Nos
(i)
2 Certificate by PIBM (ii)
3 Certificate by Company (iii)
4 Declaration by the student (iv)
5 Acknowledgement (v)
6 Table of contents (vi)
7 Project Synopsis 1
8 Executive Summary 2-3
9 Objective of the study 3-4
10 About the sector 4-7
11 About the company and department 8-14
12 Internship Summary 14-15
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PROJECT SYNOPSIS
1
EXECUTIVE SUMMARY
INTRODUCTION
Current trends indicate that people are choosing and choosing to buy branded things
that are exclusive, stylish, and of exceptional quality. Customers are also prepared to
pay for consumable items or ready-to-wear clothing from the Pantaloons store due to a
number of criteria that convince them of the store's reliability. The outlet's assortment of
branded products draws in a large number of customers who possess the financial
means, the desire to purchase, and the ability to buy even in spite of the brand's price.
Many aspects, including ambience, interest, preferences, tastes, pricing, and brand,
influence the consumer's decision to buy a product. To increase sales, marketers send
out a lot of offers and gift cards, among other things.
Finding Improvement Areas: Research frequently tries to identify areas where customer
service needs to be improved. This could have to do with staffing levels at busy times,
employee development, or how well exchange and return procedures operate.
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Wait times and checkout procedures' efficiency.
The atmosphere, design, and hygiene of the store as perceived by the customer.
Increase customer satisfaction: This could involve improving product quality, store
ambience, ease of finding items, or the efficiency of the checkout process.
Improve customer service: The study may assess factors such as staff friendliness,
helpfulness, and product expertise as well as complaint management protocols.
RATIONALE
Focusing on the customer:
For any retail organization, customer happiness is a critical performance indicator
(KPI).
By examining these factors, Pantaloons can make sure they are satisfying client
expectations and pinpoint areas for improvement.
Enhanced Experience for Customers:
Understanding what makes and breaks a customer's experience with service
allows Pantaloons to customize their approach and make the shopping
experience more enjoyable.
This can include things like product availability, checkout speed, store layout, and
employee friendliness.
Enhanced Revenue and Allegiance:
Customers that are happy with a brand are more likely to spend more and
recommend it to others.
The study can assist Pantaloons in determining methods to foster repeat
business and client loyalty.
Opportunities for Development:
The investigation can identify gaps in the provision of products or customer
service.
3
RESEARCH OBJECTIVES
Research objectives for a study on customer satisfaction and customer service towards
Pantaloons outlets are probably multiple. The following are some of the main topics it
may look into:
Determine the factors that drive satisfaction: Identify the elements that have the
biggest an impact on consumer happiness, such as the diversity of options, store layout,
staff friendliness, and product quality.
Evaluate the quality of the service: Assess how well customers feel about the staff's
friendliness, knowledge, reaction time, and handling of complaints.
Determine any gaps in services: Find out where the quality of the customer service
falls short.
LITERATURE REVIEW
The retail industry, which includes a wide range of companies engaged in direct
consumer sales of products and services, is a diversified and vital part of the worldwide
economy.
This industry provides a fundamental link between producers or manufacturers and end
customers, which is crucial for the distribution and accessibility of goods on the market.
Physical shops and online stores, as well as hybrid e-commerce platforms that integrate
the two through omnichannel marketing, make up the majority of the retail industry.
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MARKET SIZE
Overall Indian Retail Market: Projected to reach USD 1.2 trillion by 2025, from an
estimated USD 841 billion in 2023. The fashion retail segment, which is a subset of the
entire retail business, is expected to grow from its predicted USD 100 billion in 2023 to
USD 150 billion by 2025. In the financial year 2023, Aditya Birla Fashion and Retail
Limited's Pantaloons segment generated revenues of over 41 billion Indian rupees.
MARKET SHARE
Determining Pantaloons' exact market share within the entire Indian retail sector
is challenging.
However, we can get a sense of their relative size by looking at their revenue
figures.
In Q4FY23, Pantaloons reported quarterly sales of Rs. 798 Cr (Indian
Rupees). Extrapolating this to a full year would require knowing their fiscal year
structure and potential seasonal variations.
Even with a full-year figure, comparing it directly to the entire Indian retail market
size wouldn't be an accurate representation of their market share due to the
vastness of the overall market.
The retail sector in India contributes around 10% to the country's Gross Domestic
Product (GDP). This translates to a significant share of the Indian economy,
highlighting the sector's importance. Here are some additional points to consider:
Employment: The retail sector also plays a key role in employment, providing
jobs for around 8% of the Indian workforce. This translates to millions of
individuals employed across various segments within the retail industry.
Market Size: Despite the 10% contribution to GDP, the retail sector in India is
still largely unorganized. However, the organized retail sector is growing
rapidly, and the overall market size is estimated to reach INR 96.43 trillion by
2024.
Growth Potential: With factors like rising disposable income, urbanization, and
increasing internet penetration, the retail sector in India is expected to continue
growing significantly in the coming years.
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SECTOR & SECTOR COMPOSITION GROWTH/DE-GROWTH
CATALYST
Growth Catalysts:
• Growing disposable income: Affluent individuals, particularly those in the middle class,
have higher purchasing power and a stronger inclination for retail goods.
• Urbanization: As more people move into cities, a more concentrated consumer base is
created, which drives up demand for modern retail formats.
• Omnichannel experience: When physical stores and online platforms are smoothly
connected, sales rise and customer satisfaction rise.
• Government initiatives: Examples of measures that can promote the growth include
tax incentives, FDI liberalization, and infrastructure development.
De-growth Catalysts:
• Inflation: As goods and services become more expensive, disposable income and
consumer confidence may decline.
• Intense competition: Due to market saturation and intense competition from both
online and offline businesses, profitability may be hampered by margin squeeze.
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• New technology disruption: Traditional retail organizations may experience challenges
due to the introduction of alternative shopping tactics or technical improvements.
• National Retail Policy: Currently in negotiation, this proposed policy aims to help small
businesses, boost foreign direct investment, and modernize the retail sector. It may
address infrastructure, logistics, skill development, and e-commerce integration.
• Liberalized FDI Norms: The government has gradually relaxed FDI limits in multi brand
retail, allowing up to 51% ownership with prior clearance. Under the automatic method,
100% FDI is permitted in single-brand retail, attracting global brands.
• Prioritization of Infrastructure Improving cold chains, warehouses, and roads can all
help reduce logistical costs, benefiting both domestic and foreign retailers.
• More Investment and Job Creation: Foreign Direct Investment (FDI) inflows result in
increased capital investment, which in turn spurs store expansion, infrastructure
development, and the creation of jobs in a variety of industries, including marketing,
sales, and logistics.
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ABOUT THE COMPANY
Pantaloon Retail (India) Limited, commonly known as Pantaloons, is one of the largest
and most popular retail chains in India. The company has played a significant role in
shaping the organized retail sector in the country.
Introduction of company
Company Name: Pantaloons
Overview:
Operating under the Aditya Birla apparel and Retail Ltd. (ABFRL) umbrella, Pantaloons
is a prominent apparel retailer in India. This is a brief overview:
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Fashion Destination: Pantaloons provides apparel and accessories for men, women,
and children. It is well-known for its modern and stylish designs.
Broad Presence: They operate 344 outlets in more than 170 Indian cities and have a
significant internet presence.
A wide range of styles and price points are catered to by their diverse selection, which
includes over 100 licensed foreign brands in addition to their own house brands.
Company: Pantaloons
Beauty and Personal Care: Some Pantaloons stores may include sections
dedicated to beauty and personal care products, including cosmetics,
skincare, and grooming items.
We are going to infuse confidence and renewed ambition into Indian brands.
Vision
pantaloons shall deliver Everything, Everywhere, Every time for
Every Indian consumer in the most profitable manner.
• Rural:
Restricted store presence: Pantaloons has little presence in rural areas and mostly
operates in big cities and towns.
Reduced disposable income: People living in rural areas typically have lower incomes,
which makes it harder for them to afford Pantaloons' premium products.
Preference for traditional attire: Folks in rural areas frequently have a preference for
traditional apparel from small businesses or local markets.
• Semi-Urban:
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Expanding store presence: By moving into semi-urban areas, Pantaloons has raised
accessibility and brand awareness.
22 Growing disposable income: People living in semi-urban areas are earning more
money, which makes Pantaloons a more appealing place to shop.
Exposure to fashion trends has increased: Media and internet usage are making semi-
urban areas more fashion conscious, which is demand for branded products like
Pantaloons.
• Urban:
Greater disposable income: The higher spending power of urban populations enables
Pantaloons to offer a wider range of products at more affordable prices.
Urban consumers are inclined to prioritize brand names and follow trends, which makes
Pantaloons a popular option in this fashion-conscious market.
• Segment:
Demographics: Age, income, occupation, family size, and location. They primarily
target adults aged 25-45 with middle-class income levels and families.
Psychographics: Lifestyle, interests, and values. They cater to customers who value
convenience, good quality at reasonable prices, and a variety of options.
Behavioural: Shopping habits, brand preferences, and purchase occasions. They
target regular shoppers who are brand conscious and open to trying new things,
especially during promotional periods.
• Target:
Young families: Couples with children aged 2-12 looking for affordable and stylish
clothing for the whole family. This segment appreciates value for money and
convenience.
Working professionals: Men and women aged 25-40 with disposable income seeking
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trendy and fashionable clothing for work and leisure. This segment values quality,
variety, and brand recognition.
• Positioning:
"Family Fashion Destination": Offering a wide range of apparel and accessories for
the entire family under one roof.
"Value for Money": Providing good quality clothing at affordable prices compared to
luxury or high-end brands.
"Trendy and Stylish": Offering fashionable clothing that keeps up with current trends
and preferences.
"Convenient Shopping Experience": Providing both online and offline shopping
options with a focus on customer service and ease of purchase.
The massive Indian fashion retailer Pantaloons uses a multifaceted strategy to connect
with customers by utilizing both online and offline channels.
Offline Channels:
Pantaloons Exclusive Retail Stores: This core channel comprises over 250 brand
owned stores across India, primarily in metropolitan and major cities. These stores offer
a wide range of in-house private label brands and curated third-party products, catering
to diverse customer segments.
Department Stores: Pantaloons has partnered with leading department stores like
Shoppers Stop and Central, where it operates shop-in-shops offering its apparel and
accessories. This expands its reach to a wider audience at premium locations.
Online Channels:
Pantaloons.com: The official online store features the complete range of Pantaloons
products, private labels, and partner brands. It offers convenient home delivery, click-
and-collect options, and exclusive online deals.
Marketplace Platforms: Pantaloons also sells its products on major online marketplaces
like Myntra, Amazon, and Flipkart. This leverages their extensive customer base and
provides wider reach, particularly in areas with limited physical stores.
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PROMOTIONAL MIX OF PRODUCT
Promotional Mix
Advertising:
Sales Promotions:
Seasonal discounts and sales: Regular sales during popular seasons like end-of
season clearance, festive offers, and back-to-school deals.
Loyalty programs: Reward loyal customers with points, discounts, and exclusive access
to sales.
Competitions and giveaways: Generate excitement and engagement with contests on
social media or in-store.
Cashback offers: Partner with banks and e-wallets to provide cashback on purchases.
Public Relations:
Brand collaborations: Partner with other brands or celebrities for targeted campaigns
and events.
Corporate social responsibility initiatives: Participate in causes relevant to its target
audience to build positive brand image.
Community events: Sponsor local events or host fashion shows to connect with the
community.
Positive media coverage: Build relationships with journalists and influencers to secure
positive press mentions.
Personal Selling:
Additional Considerations:
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Omnichannel approach: Ensure a seamless experience across online and offline
channels.
Data-driven decisions: Analyze customer data to understand preferences and
personalize promotions.
Track and measure results: Continuously monitor the effectiveness of each promotional
activity and adjust strategies accordingly.
In 2012, the Aditya Birla Group acquired a major stake in Pantaloons Fashion & Retail
Ltd. (PFRL).
In May 2015, Aditya Birla Group undertook a consolidation exercise, merging its apparel
businesses, including PFRL, Madura Fashion & Lifestyle (MFL), and Madura Garments
Lifestyle Retail Company Ltd. (MGLRCL), into a single entity named Aditya Birla
Fashion and Retail Limited (ABFRL).
This created India's largest pure-play fashion lifestyle company, with Pantaloons
becoming part of the larger ABFRL umbrella.
BCG Matrix
Pantaloons in the BCG Matrix without understanding which segment of their business
you'd like to analyze. Pantaloons operates in various segments such as:
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INTERNSHIP SUMMARY
Duration – 45 DAYS
Week 2: To learn and understand about POS system, billing process, modes of
payment, exchange and return policy.
Week 4: Understanding about different departments (Men’s, Kids, Ethnic, Western) and
different home brands (Ajile, Byford, People, etc.) and non-home brands (Spykar, UCB,
Louis Phillepe, Peter England, etc.)
Week 5: Learned about inventory management and warehousing which includes inward
and outward process of stocks.
PROJECT DESCRIPTION
Offering clothing and leisure products, Pantaloons is a prominent player in the rapidly
expanding Indian retail sector. High levels of competition make it necessary to
comprehend how satisfied customers are with the services they received.
The purpose of the project is to assess how satisfied customers are with the level of
service received at Pantaloons locations.
Project Objectives:
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TASK PERFORMED
Cash Counter Management: Helped with the counter's cash transactions.
Learned how to effectively process payments and run cash registers.
Participated in telemarketing efforts to sell Pantaloons' membership plan through
telemarketing
Carried out telemarketing campaigns to notify clients about current specials and
discounts.
Store Display Manual: Helped to keep the display in conformity with Pantaloons'
specifications.
Visual Merchandising: Acquired skills to maximize product visibility and draw
attention to special offers.
Supply Chain Management: Took part in the interior and outer processes of
inventory management.
• Teamwork: The ability to work effectively as part of the team and cooperate with colleagues
in other areas.
• Sales and Marketing Acumen: Knowledge of basic sales and marketing principles, including
product placement, promotion strategies, and customer engagement tactics. Skills in analysing
sales data, identifying trends, and contributing to marketing campaigns effectively.
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OVERALL LEARNING OUTCOMES
Industry Knowledge:
• With a focus on the fashion segment, I have acquired knowledge of the retail
landscape in India.
• I am familiar with the challenges and opportunities faced by the retail sector in India.
Business Operations:
• Learning about the different sales and marketing strategies employed by Pantaloon.
Professional Skills:
Personal Growth:
• By taking responsibility and contributing to the team, we build confidence and self
reliance.
• In the retail sector, I gained valuable information on career aspirations and possible
career paths.
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Research Methodology
RESEARCH OBJECTIVE
Determine the overall level of satisfaction: Determine how consumers generally feel
about their experience receiving assistance from Pantaloons.
Determine the main factors influencing satisfaction: Identify the particular facets of
customer service—such as staff expertise, checkout time, and product availability—that
have a major impact on consumer satisfaction.
Analyse the strategies for services used currently: Evaluate the efficacy and efficiency
of Pantaloons' current customer support procedures.
Determine the services' strong and weak points: Identify the customer service weak
points and strong points of Pantaloons.
In contrast to rivals: Compare the services provided by Pantaloons with those of its
rivals to find possible points of differentiation.
RESEARCH DESIGN
A mixed-methods research approach will be used in this study to collect both
quantitative and qualitative data in order to obtain a thorough grasp of how satisfied
customers are with Pantaloons' customer service.
Customers of Pantaloons in all of its locations are the target population (maybe divided
based on geography or demographics).
Online: Email receipts, social media, and the Pantaloons website can all be used to
share an electronic survey link.
Target Population: A more focused subset of survey respondents who indicate a high
degree of satisfaction or dissatisfaction (purposive sampling).
Interview Method: To obtain rich qualitative data and gain a deeper understanding of
consumer experiences, semi-structured interviews will be held. In-depth answers will be
encouraged by open-ended questions.
SAMPLING TECHNIQUE
Methods of Sampling:
After the target population has been established, you can pick your participants using a
sampling technique. The following typical methods work well for this study:
Random Sampling: There is an equal chance of selection for each customer. While it
could be challenging to accomplish in a retail context, this guarantees a representative
sample.
Stratified Sampling: Using pertinent criteria (e.g., age, gender), divide the population
into subgroups (strata), and then select a random sample from each segment. This
guarantees that different customer categories are represented.
Convenience sampling: Interview clients who are easily accessible. Although this is
simple to implement, not all customers may find this to be the case.
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CONSTRUCTS AND VARIABLES
Constructs:
Quality of Customer Service: The customer's opinion of the service they experienced at
Pantaloons is reflected in this construct. It is decomposable into many dimensions.
Variables
Tangibles: The way physical facilities look, how employees dress, and the atmosphere
of the store as a whole.
Pantaloons' dependability is defined as their capacity to provide services in a regular
and reliable manner (e.g., fulfilling agreed timetables, following through on requests).
Assurance: Patron trust in the expertise, manners, and skills of Pantaloons personnel.
Empathy is the capacity to comprehend and take into account the unique demands and
concerns of each consumer.
Others variables:
Demographics: Age, gender, income level, etc. (can help identify variations in
satisfaction).
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Shopping Frequency: How often a customer shops at Pantaloons (loyal vs.
occasional customers).
HYPOTHESIS
H2: Client satisfaction will be higher for shorter wait times than for longer wait times
when it comes to services (such as checkout or changes).
H3: The efficacy and diversity of accepted payment methods (such as credit cards and
mobile wallets) will have a favorable impact on client satisfaction.
H4: Higher consumer satisfaction will be associated with readily available and useful
product information (signage, staff) and store layout.
H5: Customers will be more satisfied if they believe Pantaloons' return and exchange
policy is reasonable and easy to follow.
SAMPLE – 50
SELECTION – SURVEY
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Data Collection
SURVEY THEORITICAL
Descriptive Statistics:
• Measures of central tendency and variability: To summarize the data for key variables
like brand familiarity, online shopping frequency, and satisfaction levels (e.g., mean,
median, mode, standard deviation).
Inferential Statistics:
• Chi-square test: To test for independence between categorical variables (e.g., online
shopping usage and store preference).
• T-test and ANOVA: To compare means of continuous variables between groups based on
factors like age, gender, or income.
• Regression analysis: To explore the relationship between a dependent variable (e.g., brand
loyalty) and one or more independent variables (e.g., price, quality, customer service).
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Data Analysis and Interpretation
• 18-24 years old: This age group makes up the largest portion of the respondents, with
40% of the pie chart.
• 25-34 years old: The second-largest group is the 25-34 age group, represented by
25% of the pie chart. This indicates that the young professionals and adults.
• 35-44 years old: This age group takes up 18% of the pie chart, showing moderate
representation from middle-aged adults.
• 45-54 years old: The 45-54 age group makes up 12% of the respondents, suggesting
some interest from this demographic as well.
• 55 years and above: The smallest group is the 55 and above age group, represented
by only 12% of the pie chart.
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• 50% Female: This makes up the largest portion of the respondents.
• Student: This is the largest category, making up 38% of the pie chart. This suggests
that a significant portion of the film club members are students.
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• Employed: The second-largest category is employed, represented by 36% of the pie
chart. This indicates that working professionals also have a strong interest in the film
club.
• Unemployed: The pie chart shows 18% of respondents are unemployed. This could be
due to various reasons, such as recent graduates, individuals between jobs, or those
taking a break from employment.
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• Very frequently: 36% of respondents said they shop for fashion items very frequently.
RECOMMENDATION:
Go to SlideShare and look for these projects with the title keywords "customer
satisfaction" and "Pantaloons."
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CONTRIBUTION TO THE HOST ORGANIZATION
Increased
Satisfied customers are more likely to return to Pantaloons
Customer Loyalty
and recommend the brand to others.
and Retention
CONCLUSION
This study looked into how satisfied customers were with Pantaloons' customer service
experiences. The study utilized [methods of data collection, such as questionnaires and
interviews] to obtain information from [sample size and description, such as 200 patrons
from different Pantaloons locations].
major findings were as follows: high satisfaction with product choices but lengthy
checkout lines; summarize major findings on customer satisfaction and factors
influencing it. Additionally, the study pointed out areas that needed development in
[name specific areas, such employee training on client inquiries].
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SUGGESTIONS
Accept Changing Trends: Update your collections frequently to reflect the newest trends
in activewear, casual, and sustainable clothing
Brand Image: Develop a reputation for being innovative and fashion-forward. To do this,
make use of social media presence and focused marketing initiatives.
Leverage social media: Boost your brand's online visibility on social media. Join forces
with relevant influencers to promote goods and provide ideas for looks.
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BIBLIOGRAPHY
https://www.pantaloons.com/
https://www.abfrl.com/our-business-overview/pantaloons/
https://en.wikipedia.org/wiki/Aditya_Birla_Fashion_and_Retail
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Appendix
QUESTIONNAIRE -
Name:
Age: 1. 15 to 20
2. 20 to 25
3. 25 to 30
4. above 30
Occupation: 1. Student
2. Job
3. Businessman
4. others
1.Yes
2. No
3.Maybe
1.Yes
2. No
1. Exclusive discounts
2. Early access to sales
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3. Personalized styling recommendations
4. Priority customer service
5. Special events and promotions
1. Regularly
2. Occasionally
3. Rarely
4. Never
1. Yes, positively
2. No
3. I'm not sure
Do you feel that the Insignia Membership program provides value for the
subscription fee?
1. Yes
2. No
3. Neutral
1. Yes
2. No
3. Maybe
1. Very Dissatisfied
2. Dissatisfied
3. Neutral
4. Slightly Satisfied
5. Satisfied
6. Moderately Satisfied
7. Quite Satisfied
8. Very Satisfied
9. Extremely Satisfied
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32
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