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COMPARITIVE VIEW OF BIG BAZAR
PROJECT REPORT
2011
Submitted for the partial fulfillment of the requirement for the
BACHLOR OF BUSINESS ADMINSTRATION
RETAIL INDUSTRY
BIG BAZAAR & VISHAL MEGA MART
SUBMITTED BY: DEEPA CHOUDHARYBBA 2 ND YR ‘A’
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INDEX
CONTENTS Page No.
ACKNOWLEDGEMENT 5
EXECUTIVE SUMMARY 6
Section 1: INTRODUCTION 7
A: - NEED OF THE STUDY
B: BACKGROUND
Overview & Historical Perspective
Section 2: COMPANY’S PROFILE 11
RELIGARE Commodities :
1) Introduction
2) Group of Companies
3) Description about company
Section 3: MARKET OVERVIEW OF INDIAN COMMODITY MARLKET 22
INTRODUCTION OF GOLD
RESEARCH METHODOLOGY 85
a) Type of Research
b) Data Collection
c) Sampling Unit & Size
d) Limitations
Section 4: DATA ANALYSIS
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88
Section 5: CONCLUSIONS & RECOMMENDATIONS 97
BIBLIOGRAPHY 100
APPENDICES 101
1) Glossary
2) Questionnaire
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CERTIFICATE
This is to certify that that the project entitled “Retail Industry- Big Bazaar and Vishal
Mega Mart” submitted by DEEPA CHOUDHARY (10) has been done under my
guidance and supervision in partial fulfillment of the requirement for the award of
BBA.
The work and analysis mentioned in this project report have been undertaken by the
candidates themselves and necessary reference have been recognized and
acknowledged in the text of the report.
Signature
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DECLARATION
I hereby declare that the project report entitled ‘COMPARITIVE VIEW OF BIGBAZAR’ submitted for the bachelor of business administration in my original work andthe Project Report has not formed the
Basis for the award of any degree, diploma
Date :
Place : Signature
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ACKNOWLEDGEMENT
We would like to thank our guide Mrs. Divya for assigning us this highly learning
project and further enlightening us with her immense knowledge and helping out to carry
out this project. She has helped us in finding a project of our interest and then to delve
deeply in the topic.
Our sincere regards to Mrs. Divya for guiding us in completion of this project work.
We would like to give special thanks to authorities of Big Bazaar and Vishal Mega Mart
who gave their valuable time and suggestions to make improvement in our report time to
time.
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CHAPTER 1
1.1 Overview of the industry
Retail consists of the sale of physical goods or merchandise from a fixed location, such
as a department store, boutique or kiosk , or by mail, in small or individual lots for
direct consumption by the purchaser .[1] Retailing may include subordinated services, such
as delivery. Purchasers may be individuals or businesses. In commerce, a "retailer" buys
goods or products in large quantities from manufacturers or importers, either directly or
through a wholesaler , and then sells smaller quantities to the end-user . Retail
establishments are often called shops or stores. Retailers are at the end of the supply
chain. Manufacturing marketers see the process of retailing as a necessary part of their
overall distribution strategy. The term "retailer" is also applied where a service provider
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services the needs of a large number of individuals, such as a public utility, like electric
power .
Shops may be on residential streets, shopping streets with few or no houses or in
a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping
street has a partial or full roof to protect customers from precipitation. Online retailing, a
type of electronic commerce used for business-to-consumer (B2C) transactions and mail
order , are forms of non-shop retailing.
Shopping generally refers to the act of buying products. Sometimes this is done to obtain
necessities such as food and clothing; sometimes it is done as are creational activity.
Recreational shopping often involves window shopping (just looking, not buying) and
browsing and does not always result in a purchase.
TYPES OF RETAILING
Retailing can be classified under two heads:
Store Retailing
Non-store Retailing
Store Retailing
Retail stores come in a variety of shapes and sizes, and new retail types keep emerging.
They can be classified by one or more of several characteristics:
Amount of service
Product line
Relative prices
Control of outlets
Type of store cluster
1) AMOUNT OF SERVICE
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Different products require different amounts of service, and customer service preferences
vary:
Self-service retailers
Customers are willing to perform their own "locate-compare-select" process to save
money. Today, self-service is the basis of all discount operations, and typically is used
by sellers of convenience goods (such as supermarkets) and nationally branded, fast
moving shopping goods (such as catalog showrooms).
Limited service retailers
Retailers such as Sears and J. C. Penney, provide more sales assistance because they
carry more shopping goods about which consumers need information. Their increased
operating costs result in higher prices.
Full service retailers
Like specialty stores and first-class department stores, have salespeople to assist
customers in every phase of the shopping process. Full service stores usually carry more
specialty goods for which customers like to be waited on. They provide more liberal
return policies, various credit plans, free delivery, home servicing, and extras such as
lounges and restaurants.
2) PRODUCT LINE:
Retailers can also be classified by the depth and breadth of their product assortments.
The depth of a product assortment refers to the number of different versions of each
product that are offered for sale. The breadth of the assortment refers to the number of
different products that the store carries.
Specialty stores carry a narrow product line with a deep assortment within that line.
Examples include stores selling sporting goods, books, furniture, electronics, flowers, or
toys. Today, specialty stores are flourishing, due to the increasing use of market
segmentation, market targeting, and product specialization.
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A department store carries a wide variety of product lines. Each line is operated as a
separate department managed by specialist buyers and merchandisers.
Supermarkets are large, low-cost, low-margin, high-volume, self-service stores that carry
a wide variety of food, laundry, and household products.
Convenience stores are small stores that carry a limited line of high-turnover
convenience goods. These stores located near residential areas and remain open long
hours, seven days a week. Convenience stores must charge high prices to make up for
higher operating costs and lower sales volume, but they satisfy an important consumer
need.
Superstores, combination stores, and hypermarkets are all larger than the conventional
supermarket. Many leading chains are moving toward superstores because their wider
assortment allows prices to be 5-6% higher than conventional supermarkets'.
Combination stores are combined food and drug stores. Examples are A&P's FamilyMarts and Wal-Mart's Super centers. Hypermarkets combine discount, supermarket, and
warehouse retailing, and operate like a warehouse
3) R ELATIVE PRICES
Retailers can also be classified by the prices they charge. Most retailers charge regular
prices and offer normal quality goods and customer service. Some offer higher quality
goods and service at higher prices. Retailers that feature low prices include:
Discount stores sell standard merchandise at lower prices by accepting lower margins
and selling higher volume. Occasional discounts or specials do not make a store a
discount store. A true discount store regularly sells its merchandise at lower prices,
offering mostly national brands, not inferior goods.
4) CONTROL OF OUTLETS:
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About 80% of all retail stores are independents, accounting for 2/3 of retail sales. Other
forms of ownership include the corporate chain, the voluntary chain and retailer
cooperative, the franchise organization, and the merchandising conglomerate .
The chain store is one of the most important retail developments of this century.Corporate chains appear in all types of retailing, but they are strongest in department,
variety, food, drug, shoe, and women's clothing stores. The size of corporate chains
allows them to buy in large quantities at lower prices, and chains gain promotional
economies because their advertising costs are spread out over many stores and over a
large sales volume.
The voluntary chain is a wholesaler-sponsored group of independent retailers that
engages in-group buying and common merchandising.
The retailer cooperative is a group of independent retailers that set up a jointly- owned
central wholesale operations and conduct joint merchandising and promotion efforts.
A franchise is a contractual association between a manufacturer, wholesaler, or service
organization (the franchiser) and independent businesspeople (the franchisees) who buy
the right to own and operate one or more units in the franchise system.
Merchandising conglomerates are corporations that combine several different retailing
forms under central ownership and share some distribution and management functions.
Examples include Dayton-Hudson and J. C. Penney.
5) TYPE OF STORE CLUSTER :
Most stores today cluster together to increase their customer pulling power and to give
consumers the convenience of one-stop shopping:
Central business districts A central business district comprises of banks, department
stores, specialty stores, and movie theatres.
A shopping center is a group of retail businesses planned, developed, owned, and
managed as a unit.
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Non-Store Retailing
Although most goods and services are sold through stores, non-store retailing has been
growing much faster than store retailing.
Traditional store retailers are facing increasing sales competition from catalogs, direct
mail, telephone, home TV shopping shows, on-line computer shopping services, home
and office parties, and other direct retailing approaches.
Non-store retailing includes direct marketing, direct selling, and automatic vending.
INDIAN R ETAIL INDUSTRY
Retailing in India is one of the significant contributors to the Indian economy and
accounts for 35% of the GDP. However, this sector is in a fragmented state with over
12 million outlets operating in the country and only 4% of them being larger than
500 sq ft in size. This is in comparison to 0.9 million outlets in USA, catering to more
than 13 times of the total retail market size. Thus, India has the highest number of outlets
per capita in the world with a widely spread retail network but with the lowest per capita
retail space (@ 2 sq ft per person as compared to 16 sq ft per person for USA).
The Indian retailing industry is currently estimated at $205 b (Rs.930, 000 Crores) and is
expected to grow at 5% p.a. The current size of the organized retailing market is $6 b
(Rs.28,000 Crores), thereby, a mere 3% of the total retailing market with a projected
growth rate of 25 – 30% p.a. and is estimated to become $8 b (Rs.35,000 Crores) by 2005and $24 b (Rs.100,000 Crores) by 2010, with its contribution to total retailing sales likely
to rise to 9% by decade end.
Emerging Trends In Indian Retail Industry
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‘Tier-II’ Phenomenon
Small towns with a population of 0.5 – 1 million { like Surat, Lucknow, Dehra Dun,
Vijaywada, Bhopal, Indore, Vadodara, Coimbatore, Nasik, Bhubaneswar, Varanasi, and
Ludhiana etc}, are witnessing a defined increase in disposable income coupled with high
aspirational levels leading to enhanced spending on consumer goods along with lesser
aversion to credit. With consumption in metros already being exploited {85% of retail
sales as of now}, these Tier-II areas are fresh targets and are expected to contribute 20-
25% of organized retailing sales.
Retailers are introducing contemporary retail formats such as hypermarkets and
supermarkets in these new pockets of growth. Mall development activity in these small
towns is also picking up, creating quality space for retailers to fulfill their aggressive
expansion plans. Keeping in view the relatively smaller size of the market, the average
size of a retail mall in Tier-II cities ranges between 100,000 – 120,000 square feet in
comparison with the larger metros where a number of malls measure over 500,000 square
feet.
Entry of International Players
The fight today is not between Big organized retail stores (3%) and Unorganized Kirana
Shops (97%), but its between global giants like Wal-Mart, Tesco and Shopper’s Stop,
Pantaloons. Entry of these global players will impact the way India Retailers operate, as
much as it will change the way Indian consumers live and do their shopping. They will
no longer be just dependent on their local Kirana shop for their everyday needs. They
could just shop once a week or once a month at comparatively cheaper rates and remain
hassle free. Indian retailer will also need to quickly come to terms with the market
realities. On one hand they will fight size factor and on the other hand great efficiencies
Emergence of New Retail Formats
Currently the retail sector in India is populated with the traditional mom-and-pop stores
and some 1000 odd supermarkets under organized retail chains. A daring few ventured
into the Hypermarket segment with successful results and this format is being fast
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replicated by other players. This experience indicates that the Indian consumer has
matured to the next level of shopping experience. Given the Indian conditions and the
vast diversity a single format may not be possible for the national presence, but region
specific formats may evolve. An interesting observation is that of lack of presence of
organized retail chains in the rural/semi-urban centers as over 60% of Indian population
is still in these parts. An ideal “no frills” model to start with would be ideal for the rural
markets; this would help to take them to the next level of supermarket experience.
Specialty Malls
Keeping in mind the astonishing pace with which new supply is expected to enter the
market, many mall developers, in a bid to offer a distinctive value proposition, are
planning to develop ‘specialty malls’. These niche developments shall emerge as one-
stop destinations in their chosen product categories. The Delhi-based Aerens Group hasdeveloped Gold Souk, an exclusive jewellery mall that is already operational in Gurgaon
and has ambitious plans to replicate the concept across the country. Further, a number of
analogous developments like a ‘Wedding Mall’ by Omaxe Group, ‘Automobile Mall’ etc
are also in the offing. In line with international trends, ‘Home Malls’ offering the entire
range of building and interior décor solutions are also coming up in various parts of the
country including Pune (‘Ishanya’ promoted by Deepak Fertilizers and Petrochemicals
Corporation Ltd), Gurgaon & Kolkata.
Price Correction
Fallout of the surge in mall development activity shall be that developers will be forced
to offer retailers prime real estate spaces at costs lower than those prevailing today, as the
space required by retailers to fulfill their expansion plans is likely to be lesser than
offered. This correction could result in a more structured retail real estate market that
would allow retailers a higher margin on their real estate investments, thereby enabling
them to expand faster. Further, the relatively over-served cities could witness higher
activity, as real estate space becomes more affordable, thereby, reducing the break-even
period for retailers. Moreover, under-served markets could provide enough margins to
retailers to compensate for loss of margins in some of the over-served markets.
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Traditional Retailers in Malls
The abundant supply of retail space has provided retailers with the leeway to experiment
with newer formats and product categories. Even traditional retailers like Benzer, Study
by Janak, Mehrason’s Jewellers etc are being pushed to modern retailing formats likeshopping malls. Mall developers shall have sufficient incentive to operate on a revenue-
sharing pricing model as many of these traditional retailers can generate higher sales per
square foot as compared to the larger-format department stores, which shall translate into
higher revenue realizations for developers.
Transformation & Innovations of Supply Chain and Transportation logistics
To counter the unbeatable advantages of convenience of a hop, skip and a jump access
and home delivery, organized retailers seem to have just one option - offer attractive
prices to the consumer. A successful retailer's winning edge will therefore come from
sourcing - how best it can leverage its scale to drive merchandise costs down, increase
stock turns and get better credit terms from vendors. Efficient supply chains can achieve
this objective and fuel demand. The supply chain in India is full of inefficiencies- a result
of inadequate infrastructure, too many middlemen, complicated laws and an indifferent
attitude.
More use of Technology
Retailing, as discussed before, is at a nascent stage in India. The complicated information
systems and underlying technologies are in the process of being established. Most
grocery retailers like Food World have started tracking consumer purchases through
CRM. The lifestyle retailers through their `affinity clubs' and `reward clubs' are
establishing their processes. The traditional retailers will always continue to exist but
organized retailers are working towards revamping their business to obtain strategic
advantages at various levels - market, cost, knowledge and customer. With differentiatingstrategies - value for money, shopping experience, variety, quality, discounts, advanced
technologies, change in the equilibrium with manufacturers and a thorough understanding
of the consumer behavior, the ground is all set for the organized retailers.
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Community Involvement
Footfalls in most malls are observed to be significantly higher on weekends. To ensure
regular walk-ins on weekdays, mall developers have started to focus on involving the
local community. They have recognized that their centers need to be entertaining, andthat shoppers want their malls and town centers to blend with and reflect their own
communities. Their philosophy today is thus to create a center where people would want
to stay well beyond their shopping time to enact the rituals of urban life. Activities like
karate classes and painting competitions for children pull their salary-earning parents to
visit the mall. For example, South-dale Mall, USA contains a school, an auditorium, an
ice-skating rink and even a zoo for the same reason. Dandia and Navratre parties at Ansal
Plaza and Festival parties at other malls also have the same objective.
1.2 Profile of the organisation
Big Bazaar
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Big bazaar is a chain of hypermarket in India. Currently, there are 210 big bazaar storesacross 80 cities and towns in India. Big Bazaar is designed as an agglomeration of
bazaars or Indian markets with clusters offering a wide range of merchandise including
fashion and apparels, food products, general merchandise, furniture, electronics, books,
fast food and leisure and entertainment sections.
Big Bazaar is part of Future Group, which also owns the Central Hypermarket and is
owned through a wholly owned subsidiary of India Limited that is listed on Indian stock
exchanges.
Big Bazaar was launched in September, 2001 with the opening of its first four stores
in Calcutta, Indore, Bangalore and Hyderabad in 22 days. Within a span of ten years,
there are now 150 Big Bazaar stores in 80 cities and towns across India.
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Big bazaar was started by Kishore Biyani, the Group CEO and Managing Director of
Pantaloon Retail. Though Big Bazaar was launched purely as a fashion format including
apparel, cosmetics, accessory and general merchandise, over the years Big Bazaar has
included a wide range of products and service offerings under their retail chain. The
current formats include Big Bazaar, Food Bazaar, Electronic Bazaar and Furniture
Bazaar.
Most of the Big Bazaar stores are multi-level and are located in stand-alone buildings in
city centers as well as within shopping malls. These stores offer over 200,000 SKUs in a
wide range of categories led primarily by fashion and food products.
Food Bazaar, a supermarket format was incorporated within Big Bazaar in 2002 and is
now present within every Big Bazaar as well as in independent locations. A typical BigBazaar is spread across around 50,000 square feet (4,600 m2) of retail space. While the
larger metropolises have Big Bazaar Familycentres measuring between 75,000 square
feet (7,000 m2) and 160,000 square feet (15,000 m2), Big Bazaar Express stores in smaller
towns measure around 30,000 square feet (2,800 m2).
Big Bazaar has the facility to purchase products online through its official web page, and
offers free shipping on some of their products.[1]
[edit]Wednesday Bazaar
Big Bazaar introduced the Wednesday Bazaar concept and promoted it as “Hafte Ka
Sabse Kimti Din”. It was mainly to draw customers to the stores on Wednesdays, when
least number of customers are observed. According to the chain, the aim of the concept is
"to give home makers the power to save the most and even the stores in the city don a
fresh look to make customers feel that it is their day".[2]
[edit]Maha Bachat
Maha Bachat was started off in 2006 as a single day campaign with attractive promotional offers across all Big Bazaar stores. Over the years it has grown into a 6 days
biannual campaign. It has attractive offers in all its value formats such as Big Bazaar,
Food Bazaar, Electronic Bazaar and Furniture Bazaar - catering to the entire needs of a
consumer.[3]
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Vishal Mega Mart
What started as a humble one store enterprise in 1986 in Kolkata (erstwhile, Calcutta) is
today a conglomerate encompassing 183 showrooms in 24 states / 110 cities .India’s first
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hyper-market has also been opened for the Indian consumer by Vishal. Situated in the
national capital Delhi this store boasts of the single largest collection of goods and
commodities sold under one roof in India. The group had a turnover of Rs. 1463.12
million for fiscal 2005, under the dynamic leadership of Mr. Ram Chandra Agarwal . The
group had a turnover of Rs 2884.43 million for fiscal 2006 and Rs. 6026.53 million for
fiscal 2007.
The group’s prime focus is on retailing. The Vishal stores offer affordable family fashion
at prices to suit every pocket. The group’s philosophy is integration and towards this end
has initiated backward integration in the field of high fashion by setting up a state of the
art manufacturing facility to support its retail endeavors. Vishal is one of fastest growing
retailing groups in India. Its outlets cater to almost all price ranges. The showrooms have
over 70,000 products range which fulfills all your household needs, and can be catered to
under one roof. It is covering about 29, 90, 146 sq. ft. in 24 states across India. Each store
gives you international quality goods and prices hard to match. The cost benefits that is
derived from the large central purchase of goods and services is passed on to the
consumer.
1.3 Introduction to topic
Advertising and Sales promotion is indispensable part of any Retail business. They help
to entice the customers from local retailer of unorganized system to the big retail
companies of organized system .In organized retail system sales promotion and
advertising is even far more important because they need a big force to drag them into
these giant retail stores.
Big Bazaar and Vishal Mega Mart have been using these promotional techniques since its
establishment that helps it in maintaining as well as increasing its sales. It mainly counts
on sales promotion techniques and advertising that have always been unique.
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In the project “Comparative study of Big Bazaar and Vishal Mega Mart” We have tried
to study all the big advertising and sales promotion campaigns of these two. Apart from
the study part I have tried to find whether their Advertising and Sales promotion really
influences the their sales, taking it as hypothesis of my study We started up with our
research.
We began our research with the help of primary source of collecting the data that is
Questionnaire containing questions that could be used to measure the effect of advertising
and Sales promotion on sales of Big Bazaar and Vishal Mega Mart. The sample size
taken by us was 50.
On the basis of analysis of questionnaires and various results based on pie chart and bar
graphs, We came on the conclusion that only sales promotion has significant effect on the
sales of these two, though it has been trying hard for advertising but it has to put more
efforts to make its effect on the sales of Big bazaar & Vishal Mega Mart and make people
aware.
We have tried our best efforts to keep our research fair and unbiased.
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CHAPTER 2: Objective and Methodology
2.1 Objective of study
MAIN OBJECTIVE-
To do comparative study on the influences of Advertising and Sales promotion on the
sales of Big Bazaar and Vishal Mega Mart.
SECONDARY OBJECTIVES-
To find the most effective tool of Sales promotion technique to entice customers
used by Retail businesses.
To study various advertising and sales promotion techniques used by Big
Bazaar and Vishal Mega Mart.
To find out the influence of Advertising and Sales promotion on the sales of Big
Bazaar and Vishal Mega Mart.
2.2 Research Methodology
MEANING OF RESEARCH- Research is an active, diligent, and systematic
process of inquiry aimed at discovering, interpreting, and revising facts. This intellectual
investigation produces a greater knowledge of events, behaviors, theories, and laws and
makes practical applications possible. The term research is also used to describe an entire
collection of information about a particular subject, and is usually associated with the
output of science and the scientific method
RESEARCH DESIGN
DESCRIPTIVE RESEARCH- Descriptive research includes surveys and facts
findings enquiries of different kinds. The major purpose of Descriptive research is the
description of the state of affairs, as it exists at present. It provides the data about the
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population or universe being studied. Descriptive research is used when the objective is
to provide a systematic description that is as factual as accurate possible. In this project
we have to find whether Advertising and sales promotion influences the sales of the Big
Bazaar and Vishal Mega Mart, therefore our research is descriptive.
SAMPLE SIZE- The sample size that we have taken is 50 units, out of which the
number of males and females were as follows-
Male- 28 in number
Female- 22 in number
SAMPLE AREA- Since the research is on Retail Industry so the sample area that is
covered is as follows-
PRIMARY AREA – Areas near the malls.
SECONDARY AREA- Areas of Rohini.
SAMPLE DESIGN- Simple random method
SOURCES OF DATA COLLECTION- Data collected in this project is both
collected both from both primary and secondary sources of data collection which are as
follows-
PRIMARY DATA - Interview, Questionnaire
SECONDARY DATA - Internet, Magazines, Books, News Paper etc
Questionnaires
1. How often do you visit market for shopping?
Daily Twice a week Fortnightly Monthly
2. You like to shop during various sales promotion offers –
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Highly agree Agree Not sure Disagree Highly Disagree
3. Which type of Sales promotion offers you find most attractive?
Discount sales
Buy 1 get 1 free
Free gifts
Exchange offers
Loyalty Program
Games and Contests
Others, Specify__________________________________
4. Do you visit Big Bazaar for shopping?
Yes No
If yes then how often?
Weekly Fortnightly Monthly Sometimes
5. Do you visit Vishal Mega Mart for shopping?
Yes No
If yes then how often?
Weekly Fortnightly Monthly Sometimes
6. Can you recall the biggest advertising campaign of Big Bazaar?
Yes No
If yes then specify _______________________________________
7. Can you recall the biggest advertising campaign of Vishal Mega Mart?
Yes No
If yes then specify _______________________________________
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8. How much will you give the preference to Big Bazaar for shopping?
Very Poor Average Very Good
Poor Good
9. How much will you give the preference to Vishal Mega Mart for shopping?
10. Very Poor Average Very Good
11. Poor Good
12. What is color in logo of Vishal Mega Mart?
Red
Blue
Orange
Black
13. Do you feel the same comfort while shopping in Big Bazaar/Vishal Mega Mart
even during the ‘MAHA SALE OFFERS’ also?
Yes No Not sure
14. What is the Tag line of Big Bazaar?
______________________________________
15. What is the Tag line of Vishal Mega Mart?
______________________________________
16. Can you suggest something that Big Bazaar or Vishal Mega Mart can do toimprove its services?
____________________________________________________________
___________________________________________________________
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2.3 Limitations of study
Time was the major constraint, which prevented me to put in more effort.
Some people left few questions unanswered.
Some of the respondents were not ready to fill the questionnaire.
Not all the respondents were cooperative thus it was difficult to convince them for
filling up the questionnaire.
Some of the respondents might have got biased while filling up the questionnaire.
We made my best efforts in conducting the research but might have lacked somewhere
because of lack of expertise in conducting such survey based researches.
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Chapter-3 Data Analysis and Interpretation
Q1. Frequency to visit market for shopping
Daily Fortnightly
Twice a week Monthly
INTERPRETATION -Maximum people that are 40% like to visit market twice a week,
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% of the people prefer to visit monthly, 23% of people visit fortnightly and very little
percentage that is 10% like to visit daily to the market
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5
20
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Q2. Like shopping during sales promotion offers
Highly agree Not Sure
Agree Disagree
INTERPRETATION- Sales promotion is very effective tool to entice people for
shopping as great number of people that is more than 50% agree that they like to shop
during various sales promotions
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12
28
8
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Q3.Most attractive sales promotion offers
Discount sales Exchange offers
Buy 1 get 1 free Loyalty program
Free gifts Games and Contest
INTERPRETATION- Among the various sales promotions offered by the Big Bazaar
discount sales is the most preferred sales promotion by the customers. Around more than
50%of the people like to shop during discount sales.
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10
9
3
1
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Q4.Visit to Big Bazaar
Yes Can’t say
No
INTERPRETATION- Around 80% of people visit to Big Bazaar out of the 50 people
surveyed.
30
40
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Q5. Frequency to visit Big Bazaar
Weekly Monthly
Fortnightly Sometimes
INTERPRETATION-Maximum people visit sometimes to big bazaar, that less than
monthly though the difference between the people who visit monthly and who visit
sometimes is very insignificant.
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7
5
14
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Q6. Visit to Vishal Mega Mart
Yes Other
No
INTERPRETATION- Around 70% of people visit to Vishal Mega Mart out of the 50
people surveyed.
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35
10
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Q7. Frequency to visit Vishal Mega Mart
Weekly Monthly
Fortnightly Sometimes
INTERPRETATION-Maximum people visit sometimes to Vishal Mega Mart, that less
than monthly though the difference between the people who visit monthly and who visit
sometimes is very insignificant.
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7
8
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Q8.Recall of biggest advertising campaign of Big Bazaar
Yes Can’t say
No
INTERPRETAION- Among the 50 respondents 70% were not able to recall its latest
largest advertising campaign ,which means that Big Bazaar is very weak at its advertising
,it has to increase its reach through all kinds of media not only during its sales promotion
campaigns but also through out the year.
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14
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Q9.Recall of biggest advertising campaign of Vishal Mega Mart
Yes Can’t say
No
INTERPRETAION- Among the 50 respondents 60% were able to recall its latest
largest advertising campaign, which means that Big Bazaar is very Strong at its
advertising as compared to Big Bazaar.
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30
19
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Q10. Preference for shopping rank wise at big bazaar
Very poor Average Very good
Poor Good
INTERPRETATION-Consumers prefer Big Bazaar for shopping; around 41% people
rate it as very good for shopping.
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6
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10
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Q11.Preference for shopping rank wise at Vishal Mega Mart
Very poor Average Very good
Poor Good
INTERPRETAION-Consumers prefer Big Bazaar most for shopping; around 51%
people rate it as very good for shopping which is more than that of big bazaar.
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5
5
5
15
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RECOMMENDATIONS
Recommendations
Big Bazaar should increase its aisle area for more convenient shopping
to its customers to compete with Vishal Mega Mart.
It should improve its ambience as its closest competitors are having
edge over it on this parameter.
Big Bazaar should have more of cash counters so that people does not
have to stand in long queue in order to get billing.
Vishal Mega Mart should work on its advertising, though it is known
for its creative advertising but the message should reach to each of the target
customer so should use more rigorous use of all types of media.
It should change its Tagline which gives the same message but is still
easily distinguishable, as most of its competitors are having almost similar tag lines
that creates jargon for customer.
It can convert shopping in to a great experience by playing some good
music.
Big Bazaar has to improve its quality of products especially in
apparels.
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BIBLIOGRAPHY
WEB LINKS-
http://www.media4exchange.com/
http://www.wark.com/
http://www.ibef.org/
http://www.economicstimes.com/
http://www.bigbazaar.com/
http://www.etretailbiz.com/
http://www.magportal.com/
http://www.retailindustry.about.com/
http://www.adpunch.com/
http://www.hindubusinessline.com/
BOOKS REFERED-
Belch. E. George and Belch. A. Michael, “Advertising and Promotion “Sixth
Edition, Tata Mcgraw Hill.
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Kotler Philip,” Marketing management “Eleventh Edition, Pearson
Education.
Beri G.C.,”Marketing Research” Third Edition, Tata Mcgraw Hill.