Professional Documents
Culture Documents
PROJECT
Vinod Kumar MBA (III) FMS-BHU
OBJECTIVES
Catchment analysis of Big Bazaar, Riverside mall, lucknow. Analysis of customer profile of the catchment area. Competitors analysis. Analysis of penetration of different types of media in the catchment area. Analysis of telecom operators service in the catchment area. Analysis of customer satisfaction with respect of price, product quality, variety, style and fashion , and sales and offers. Help to make strategies plans for improving Foot falls at riverside.
RESEARCH METHODOLOGY
Research Problems:
To know what are the important places in the catchment area. To know about the potential customer, their profiles, likings and preferences for different shopping stores. Who are the potential competitors in the catchment area. What are the reasons for decreasing foot falls in Big Bazaar at riverside.
Research design:
Descriptive
Sample Design: Sample Size: 500 Method of Data Collection: Primary Data collection: Questionnaire Secondary data collection: Websites
STRENGTH
WEAKNESS
THREATS
OPPORTUNITI
STRENGTH
High Brand equity enjoyed by Big Bazaar
WEAKNESSES
Falling revenue per sq. ft. General perception: Low price = Low quality Overcrowded during offers Long lines at billing counters which are time consuming Limited only to value offering low price products.
A no of branded products are still missing from Big Bazaars line of products.
OPPORTUNITIES
A lot of scope in Indian organized retail as it stands at approximately 4%.
More people these days prefer to visit big stores where they can find large variety under one roof.
THREATS
Competition from other value retail chains such as Shoprite, Reliance (Fresh and trends), Hyper city and D mart., Spencer Unorganized retail also appears to be a threat to Big Bazaars business. A large population still prefers to visit local convenient stores for daily purchases
MLAS Md. Rehan Lucknow West. Shri. Kalraj Mishra Lko East Shri . Abhishek Mishra Lko North. Shri. Ravidas Mehrotra Lko. Central. Dr. Rita Joshi Lko. Cantonment
Mayor Of Lucknow:
STORE DETAILS
STORE LOCATION : RIVERSIDE MALL , GOMTINAGAR , LUCKNOW
STORE SIZE :
LEVELS IN STORE : LINE OF BUSINESSES : 1. FOOD BAZAAR ( FOOD +NON FOOD ) 2 FARM FRESH 6 GENERAL MERCHANDISE 7 HOME FASHION 3
5 LUGGAGE
CATCHMENT AREA
Catchment Area Viram Khand, Gomti nagar Vikash Khand, Gomti nagar Vivek Khand, Gomti nagar
Vipul Khand, Gomti nagar Vineet Khand, Gomti nagar Viraj Khand, Gomti nagar Vishwas Khand, Gomti nagar Virat Khand, Gomti nagar Viraj Khand, Gomti nagar
D.
E. F. G. H. I.
HOTELS
Gomti Nagar
Vineet Khand, GN, Lucknow Vipul Khand ,GN, Lucknow Vineet Khand, GN, Lucknow Vineet Khand, GN, Lucknow Vipul Khand , GN, Lucknow Vipul Khand , GN, Lucknow Vishwas Khand, GN, Lucknow Vaibhav Khand, GN, Lucknow Viram Khand, GN, Lucknow
SCHOOLS
F. IILM BS Lucknow
G. ICFAI National College H. Biotechnology College I. Locus Your Path To Ltd. J. Life Lucknow Institute of Future Education
COLLEGES
RESTAURANTS
F. Aditya Physiotherapy
G. Dr. Ram Manohar Lohia Hospital H. RG Stone Urology & Laparoscopy Centre I. Mevo Hospital
HOSPITALS
1% 25%
10% 33%
1 2 3 4
2%
16% 12%
5
6 7
1. 2. 3. 4. 5. 6. 7.
FINDINGS
Highest Percentage of the people living in catchment area is salaried employee. 33% of the customers living in catchment area are salaried employee. 16% are self employed. 12% are Businessmen. 25% are students. 10% are doing government service.
HOUSE
46%
54%
1 2
1.Own 2. Rented
54% of the customer s in catchment area are living in their own houses. 46% of the customer s in catchment area are living in rented houses.
VEHICLES OWNED
19% 45%
1
28%
8%
3 4
1. 2. 3. 4.
45% of customer have two wheeler only. 8% of customers have only cars 28% of customers have both two wheeler and four wheeler. 19% of the customers do not have either car or two wheeler
MODE OF TRANSPORT
1% 23%
1% 15%
1 2 3 4 5 6
9%
52%
1. 2. 3. 4. 5. 6.
MODE OF TRANSPORT
FINDINGS Maximum percentage of people ( 54% ) in the catchment area uses Bike / Scooter as a mode of transport. Only 1% of the people in catchment area uses Rickshaw and only 1% of people uses Vikram as a mode of transport. 9% of the people use Auto as a mode of transport. 23% of the people use Car as a mode of transport.
1.
2.
3. 4.
1. 2. 3. 4. 5. 6.
Below Rs.10000 Rs. 10000> Rs.15000 Rs. 15000> Rs. 20000 Rs. 20000> Rs. 25000 Rs. 25000> Rs 30000 More than Rs. 30000
1. 2. 3.
4.
5. 15% have monthly income of 25000>30000. 6. 32% have monthly income of more than 30000.
5% 15%
1 2
54% 26%
3 4
1. 2. 3. 4.
Less than 1000 1000 > 1500 1500 > 2000 More than 2000
COMPETITORS ANALYSIS
FOOD AND GROCERY
4%
21%
4%
43%
1 2 3
18% 9%
4 5 6
1. 2. 3. 4. 5. 6.
Big Bazaar Vishal Mart Spencer's Local market Wholesale market Others
COMPETITORS ANALYSIS
CONTI.........
12% 9%
22%
10%
8%
1 2 3 4 5 6 7 8
Big Bazaar Vishal Mega Mart Max Shopper's Stop Local Market Globus Westside's Others
27%
6% 20%
23%
24%
1 2 3 4 5
Less than Rs 500 Rs. 500> Rs. 1000 Rs. 1000> Rs. 1500 Rs. 1500> Rs. 2000 More than Rs. 2000
9% 14% 63%
14%
COMPETITORS ANALYSIS
ELECTRONICS
15%
12%
1 2 3 4 5 6 7
Big Bazaar Spencer's V Plus Store Jumbo E Zone Whole sale Market Nearby Store
COMPETITORS ANALYSIS
ELECTRONIC S % CUSTOMERS
Big bazaar Spencer's V plus store Jumbo E Zone Wholesale market Nearby Stores
COMPETITORS ANALYSIS
FURNITURE
1 2 3 4 5 6 7 8
Big Bazaar Home Town Vishal Mega Mart Style Spa Spencer's Pitamber Furniture Wholesale Market Others
COMPETITORS ANALYSIS
FURNITURE SHOP Big Bazaar Hometown Vishal Mart Style Spa 8% 16% 3% 5% % CUSTOMER
Spencer
Pitamber Furniture Wholesale market Others.
3%
6% 19% 42%
6% 11%
51% 27% 5%
1 2 3 4 5
COMPETITORS ANALYSIS
GOLD SHOP Big Bazaar Shopper's Stop Tanishq 6% 11% 27% % CUSTOMER
D damas
Jewelers
5%
51%
SINGLE MOST CRITICAL FACTOR FOR BUYING GOLD FROM A PARTICULAR OUTLET
2% 18% 37%
24% 19%
1 2 3 4 5
SINGLE MOST CRITICAL FACTOR FOR BUYING GOLD FROM A PARTICULAR OUTLET
FACTORS Credibility / Trust Brand Design Offers Proximity % CUSTOMER 37% 19% 24% 18% 2%
5% 37% 32%
37%
1 2 3 4
47%
53%
1 Yes 2 No
YES NO
53% 47%
SHOPPING REGULARITY
14% 48% 39%
1 2 3
1. 2. 3.
1%
7%
91%
SHOPPING REGULARITY
Weekly Fortnightly Monthly 14% 39% 48%
1st Week
2nd Week Last Week
91%
7% 1%
18% 4%
1
79%
Day
Mon/Tue/Wed Thu/Fri Sat/Sun
% of customer
18% 4% 79%
3% 29% 19%
48%
Up to 30 min 30 min - 1 hr. 1hr. - 2 hr. More than 2 hr. Up to 30 min. 3% 1 2 3 4 30 min. 1 hr. 1hr. 2 hr. More than 2 hr. 19% 48% 29%
30%
70%
5%
3%
35%
41% 16%
1 2 3 4 5
Friends
Spouse
Family Parents Others
16%
41% 5% 3%
7% 26%
2%
45%
20%
1 2 3 4 5
Self
45%
Spouse
Family Parents Others
20%
26% 7% 2%
11%
2%
13%
23% 43% 9%
1 2 3 4 5 6
Price Variety
Price Variety Proximit y One roof Offers Others 13% 23% 9% 43% 11% 2%
2% 13%
33%
32% 4% 17%
Hoarding
Mobile Vans Visited a Store Others
17%
4% 33% 2%
CUSTOMER SATISFACTION
PRICE
6% 1% 14%
41% 38%
1 2 3 4 5
38% 41% 6% 1%
17%
2%
10% 28%
43%
1 2 3 4 5
Excellent
Very Good
Good Moderate
28%
43% 17%
Non Satisfactory 2%
42%
1 2 3 4 5
Excellent Very good Good Moderate Non Satisfactory 9% 21% 42% 25% 3%
38%
1 2 3 4 5
Excellent Very good Good Moderate Non Satisfactory 9% 12% 38% 34% 7%
28% 38%
1 2 3 4 5
Excellent Very good Good Moderate Non Satisfactory 16% 28% 28% 16% 2%
9% 17%
1%
4%
35%
33%
1 2 3 4 5 6
Hindustan times Times of India Dainik Jagran Amar Ujala Hindustan Others 4% 35% 33% 17% 9% 1%
Hindustan Times Times of India Dainik Jagran Amar Ujala Hindustan Others
8% 26%
3% 8% 8% 12% 12%
18%
1 2 3 4 5 6 7 8
FM RADIO ANALYSIS
4% 25%
18%
52%
1 2 3 4
91.9 Radio City 98.3 Radio Mirchi 93.5 Red FM 100.7 AIR
91.1 Radio City 98.3 Radio Mirchi 93.5 Red FM 100.7 AIR
1 Yes 2 No
93%
If Yes,
25% 41%
2
26% 8%
3 4
YES NO
93% 7% If Yes, then where? TV Radio Magazines /Newspapers All 41% 8% 26% 25%
MAJOR FINDINGS
33% Of the customer in catchment area are salaried employee. 45% have Bike and 8% have Car and 28% customers have both bike and car. 52% customer use bike or scooter as a mode of transport. 32% people in the catchment area are higher middle income group, whose monthly income is more than Rs. 30000 . 54% spend more than Rs. 2000 per month on food and grocery. Only 43% customer in catchment area purchase food and grocery from Big Bazaar, and 18% people dont purchase food and grocery from any supermarket, these customer purchase from local market only. Only 22% purchase clothes and apparels from ,15% still purchase clothes from local market. Only 14% people in catchment area purchase electronics from Big Bazaar, and 38% purchase from nearby stores. Only 8% purchase furniture from Big Bazaar, and 42% purchase furniture from Local Market.
FOR FOOD AND GROCERY Spencer's Vishal Mega Mart Local Kirana Stores Whole sale Market
FOR ELECTRONICS Spencer's V Plus Store Jumbo E Zone Wholesale Market Local Market FOR FURNITURES Home Town Pitamber Furniture Style Spa Vishal Mart Wholesale Market
FOR CLOTHES AND APPARELS Vishal Mart Shoppers Stop Max West Sides Exclusive Stores Local Markets
SUGGESTION CONTI
FACILITIES 1. 2. 3. 4. Billing should be more fast and more Billing points (especially at peak times). Effective crowd control., Delivery of the product before deadline specially furniture. Space to keep purchased goods when move to the upper levels. Kids entertainment zone/ space to leave kids while shopping/ provide kangaroo Bags. PROMOTIONAL ACTIVITIES 1. There is need of extensive promotional advertisements about the NAVRAS and T24 in the catchment area. 2. Leaflets is the cheapest mode to communicate about the different sales and offers in the catchment area, we can distribute it at the most gathered places in the catch -ment area like Patrakar puram crossing, Outside of different malls .
CUSTOMER SERVICE
1. Well and polite behavior from staffs to customers.
THANK YOU