08BB17
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CERTIFICATE BY GUIDE
Faculty of Marketing
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AKNOWLEDGEMENT
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PREFACE
Today every one in the society is totally dependent upon the retail
malls for shopping, as they are time bound and they don’t have
enough time to go to the market and purchase things of the daily life
needs. So with the emergence of the retail malls etc it has become
easier for them to have all the shopping in one destination where they
can purchase any thing required for the daily fulfillment of needs.
This survey throw light on the different facilities and services that the
retail hubs are providing to the customers to satisfy their needs. They
have become a part of their daily life where they can meet their need
immediately and with convenience. These mall has made their life
easier and with the unique services they have created a separate image
in the minds of the customers. Lastly I want to thank the people who
had supported me in the whole process and my special thanks to my
Internal & external guide for their kind support and also to the
customers for their co operation which helped me in completing my
research work..
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EXECUTIVE SUMMARY
The main theme of this project was to find the ratio of green card
holders and also to make people to have a green card by making them
know about the different benefits they can acquire by having a green
card of Pantaloon. Through this project I got to know that human
black box is still covered with doubts. They hesitate to open any
green card as they feel that the mall is for high class people but not
for the middle class people. They feel that the products available here
is far more costly and they can’t afford such expensive product. But
in the same process I found many people who were in support of the
prices as they felt that branded products should be costlier and in the
same process the opted for opening of green card and they feeled
satisfied with the offers and happy to shop with Pantaloon.
For the survey a sample size of 100 customers were taken and the
respondent were interviewed based on the questions inside Pantaloon.
After the survey was over it was concluded that there is a mix
response about the green card. People know about the green card
facility but don’t opt for opening it, but it was also found that those
who possess that car are satisfied.
As it’s a service industry its their sole responsibility to make their
customer believe in the service and opt for the green card option
which in future will help them gain necessary benefits provided by
Pantaloon.
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CONTENTS
CHAPTER 1: Introduction
1.1 Introduction
1.2 Objective of the study
1.3 Scope of the study
1.4 Relevance of the study
1.5 Methodology adopted
1.6 Organizational profile
CHAPTER 4: Conclusion
1.1 Findings
1.2 Conclusion
1.3 Suggestions
• Bibliography
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CHAPTER 1
Introduction
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INTRODUCTION
Retail is a hot word now days. Now you can hear this word from the
mouth of everybody. But still the word is not clear to so many people.
Many people shop from mall environment but they don’t know
exactly what retail is? Even many employees those who works in
retail field they also don’t know exactly what retail is and what is the
concept of retailing and how it originated and what are the future
prospects of retail in India? The word retail has been derived from the
French word retailer, which means to cut off a piece or break the
bulk. Otherwise, it is the first point of customer contact. Even now
also 95%of Indian retail market is unorganized and only 5% is
organized. In un-organized retail there is less merchandise the product
line and the depth is very narrow. . Due to the change in lifestyle and
living pattern also rising of the disposable incomes the current
customers are getting more sophisticated and also service oriented.
Today they don’t want only the items that will satisfy their need they
also see how much it will add the value.
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RETAIL GLOBAL SCENARIO
In the year 2000 the global retail market was 8144.2billion$ and
during the year 2009 it will be around12104.00billion$.The united
state of America dominates the world retail market and accounts
for32.3% of the global retailing group. Europe generates30.8%, Asia
pacific25.6% and the rest of the world11.20%.In the world Wal-Mart
is regarded as the top retailer having different format. Following table
shows 15 largest retailer of the world.
The significance of retail is important not only for the reason that it
contributes towards various economy but also for the fact that it
contributes towards the employment also. In country like India where
retail is a new concept also we can find6-7% of the employment.
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The world’s biggest employer:
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Indian Retail Industry is ranked among the ten
largest retail markets in the world. The Indian consumer in terms of
“Choice Preference”, “Value for Money” and the emergence of
organized retail formats have transformed the face of Retailing in
India. Today India has the highest shop density in the world and the
present retail market in India is estimated to be US$ 200 billion of
which only 3% (around US$ 64 billion) is in the organized Sector.
With the organized retail segment growing revenues from the sector
are expected to triple from the current US$ 7.7 billion to US$ 24
billion by 2010. The share of modern retail is likely to grow from its
current 3 per cent to15-20 percent over the next decade. 85 per cent of
organized retailing is taking place in India’s urban areas while 66 per
cent of it taking place in India’s 6 main cities alone. The growth is
much faster in south India than in northern states. The total retail
market in south India is $94 billion and of this organized retail is $8.5
billion.
un-organised
organised
0 20 40 60 80 100 120
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Future Group – Company Profile
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for a glorious future brings to us our strength, our ability to learn,
unlearn and re-learn our ability to evolve.
We, in 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. Rewrite rules,
Retain values.
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- We shall be efficient, cost- conscious and committed to quality in
whatever we do.
Core values –
- Indian: confidence
Core values –
Board of Directors
Managing Director
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Kishore Biyani is the Chief Executive Officer of Future Group and
Managing Director, Pantaloon Retail India Ltd. He started off his
entrepreneurial career with manufacturing and distribution of branded
men’s wear products. As the CEO of Future Group, Kishore Biyani
leads the group’s presence across the Indian consumption space.
FUTURE GROUP
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• We will provide everything, everywhere, every time for every
Indian consumer in the most profitable manner
2. Whether green card has helped the customers to gain the desire
satisfaction from shopping in pantaloon.
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3. To make the people know about the green card facility and
motivate them to open a green card.
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3. To know how to treat your customers and how to tackle them
when necessary.
pattern.
The relevance of the study was to see the impact of green card on the
business of Pantaloon. The insertion of the green card facility has
added an extra benefit to attract new customers to avail the facilities
of pantaloon during the seasons. This had helped pantaloon to create
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more customers in return helped pantaloon to generate more revenue
in the same process helped improve his status in the market. People
from different background are becoming a part of pantaloon through
availing the green card facility.
Green card has helped the customers to get discounts on their favorite
brands and apparel’s which they can get at the off seasons and
aswellas during the festive seasons. Through availing this green card
they are being informed through SMS about the discount they can
avail.
This is a unique service provided by pantaloon other than their
competitors and this has become their USP. So from the above study I
found that green card has positively effected the business of
pantaloon and I hope it will do in the future also.
RESEARCH METHODOLOGY
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SAMPLING: I have used random sampling method.
SAMPLE SIZE: For primary data collection I have taken a sample
size of 100.
FIELD LOCATION: All my fieldwork is done in Pantaloon at
Bhubaneswar, Orissa.
DATA COLLECTION
METHOD
OBSERVATION QUESTIONNAIRE
OUR MISSION
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We shall infuse Indian brands with confidence and renewed
ambition.
Core Values:
Major Milestones
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1991 : Launch of BARE, the Indian jeans brand.
2001 : Big Bazaar, ‘Is se sasta aur accha kahi nahin’ - India’s first
hypermarket chain launched.
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Product and services
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3 Big Bazaar
4 Food Bazaar
5 Fashion Station
6 All
7 Chamois
8 Fuel
9 Books, Stationery and Music
10 Communications
11 Wellness
12 E-tailing
13 Home Solution Retail
14 E-ZONE
15 Indus league- Stores
16 JV With liberty
Big Bazaar
if value for money is what drives your purchase; there can be
no better place for you other than Big Bazaar
Blue sky
Accessories like never before....get the best in sunglasses and
watches at your kind of prices.
Central
A showcase, seamless mall for all your needs. Located in the
heart of your city, Central invites you to Shop, Eat, and
Celebrate.
Fashion Station
Fashion Station takes fashion a notch higher in the value
segment... for the ones who have an eye for it.
Gini and Jony is a lifestyle brand with a radical approach
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to kids’ fashion. The brand caters to an age group of 2 to 16
years, that is uber chic, style conscious and stresses on a
“head to toe” fashion concept.
ORGANISATIONAL PROFILE
Pantaloon Retail (India) Limited, is India's leading
retail company with presence across multiple lines of
businesses. The company owns and manages multiple retail
formats that cater to a wide cross-section of the Indian society
and is able to capture almost the entire consumption basket of
the Indian consumer. Headquartered in Mumbai (Bombay), the
company operates through 5 million square feet of retail space,
has over 331 stores across 40 cities in India and employs over
17,000 people.
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A subsidiary company, Home Solutions Retail
(India) Limited, operates Home Town, a large-format home
solutions store, Collection , selling home furniture products
and E-Zone focused on catering to the consumer electronics
segment.
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• Pantaloons in Bhubaneswar city is situated near Trupti
filling station at saheed Nagar.
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• “The store was 35th unit spreading across 16 cities of the
country”-Sanjeev Agrawal, CEO of PRIL.
PRODUCT MIX
It is the set of all product and items of a particular
seller offer for sale. It consists of various product lines.
Ladies Wear
Brands
Ladies Accessories
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All for plus size Women
Men’s Apparel
Brands
Men’s Accessories
Brands
Sports Planet
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T-shirts (Polo Neck, Round Neck, V-Neck), Loose paints, 3-
quartes, caps, shoes, shocks, track paints, track suits,
swimming costume, Tennis Racket, Badminton racket, Bats,
Wrist band
Brands
Foot Wear
Brands
E-Zone
1. Experience Zone
Brands
2. Liberation Zone
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I pod, MP3 Players, Cameras (Digital, Handicam), Mobile,
Mobile accessories9Pen Drive, batteries, ear Phone), laptops,
Printers, Game
Brands
3. Home Zone
Brands
Brands
6. Infant Necessities
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Feeding bottles, Training Cups, Dippers, Wet Wipes, baby
carrier, baby outgoing bags, oil cloth, baby bed sheet, baby
potty, carry cord, soap bag, mitten and batten set, Gel teether,
milk powder, container, gel teether, Milk Powder Container,
Cap, Medicine Dropper, Sipper Cup, Shoes, Shocks, bottle
wash, clothing detergent, Pram, baby car, walker, High Chairs,
Bouncer, Steam Sterilizer, Bottle Warmer, Comb, Bath Tub
7. Toys
Bed Linen, Bath towels, Bed Cover, Bed sheet, Table Cover,
9. Home Décor
Product class
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SOAP
GARMENTS
Louis Philippe Lux
UMM Liril
scullers Dove
Lombard Rexona
John Millar peers
Turtle
BARE DENIM
LEVIS
PEPE JEANS
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• 2003 – Pantaloons gets exclusive rights for official cricket
merchandise for the ICC World Cup
• 2004 - Pantaloons bags exclusive license in India for the
international brand UMM (Underground Music Movement)
from Moda Musica, Italy
• 2006 - Bipasha Basu and Zayed Khan become celebrity
endorsers
• 2007 – Pantaloons becomes the title sponsor for Femina
Miss India Contest; the association will continue till 2009
• March 2007 - Launches 7 new stores in a single month,
including the largest one - 80000 sq.ft at Kakurgachi,
kolkata
• August 2007 - The stores in Kolkata create a record in
fashion retail by billing Rs. 3 Cr in a single day.
• Pantaloons have also made exclusive movie merchandise
for films like Na Tum Jano Na Hum, Main Prem Ki Diwani
Hoon, Kya Kool Hain Hum, Krrish and Ta Ra Rum Pum.
History of Pantaloon
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Pantaloon Retail (India) Limited was incorporated on 12
October 1987 as Manz Wear Private Limited; converted into a
public limited company on 20 September 1991; and on 25
September 1992 the name was changed to Pantaloon Fashions
(India) Limited. At the same time it went public and today it
has approximately 14,000 shareholders. It later changed its
name to Pantaloon Retail (India) Limited on 7 July 1999.
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CHAPTER 2
Literature Review
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production to the perceived needs and wants of their customers as the
means of staying profitable.
People
An essential ingredient to any service provision is the use of
appropriate staff and people. Recruiting the right staff and training
them appropriately in the delivery of their service is essential if the
organization wants to obtain a form of competitive advantage.
Consumers make judgments and deliver perceptions of the service
based on the employees they interact with. Staff should have the
appropriate interpersonal skills, attitude, and service knowledge to
provide the service that consumers are paying for. Many British
organizations aim to apply for the Investors in People accreditation,
which tells consumers that staffs are taken care off by the company
and they are trained to certain standards.
Process
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Refers to the systems used to assist the organization in delivering the
service. Imagine you walk into Burger King and you order a Whopper
Meal and you get it delivered within 2 minutes. What was the process
that allowed you to obtain an efficient service delivery? Banks that
send out Credit Cards automatically when their customers’ old one
has expired again require an efficient process to identify expiry dates
and renewal. An efficient service that replaces old credit cards will
foster consumer loyalty and confidence in the company.
Physical Evidence
Where is the service being delivered? Physical Evidence is the
element of the service mix which allows the consumer again to make
judgments on the organization. If you walk into a restaurant your
expectations are of a clean, friendly environment. On an aircraft if
you travel first class you expect enough room to be able to lay down!
Physical evidence is an essential ingredient of the service mix;
consumers will make perceptions based on their sight of the service
provision which will have an impact on the organizations perceptual
plan of the service
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CHAPTER 3
Analysis & Interpretation of
data.
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Segmentation of Pantaloons
Segment the market on the basis of Demographic
• Men’s formal
• Men’s causal
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• Men’s active wear
• Women’s casual
• Women’s formal
• women’s ethnic
• kids wear
• toys
• Infants
TARGETING
• The way of divide the product as segmentation, analyzing
the product and its positioning to a class is called
targeting.
• Selective specialization
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Product specialization
• As single segment concentration all the products of
pantaloon are preparing for only high income class.
Positioning of pantaloon
• PRIL positioned mainly through hoarding, print media,
electronics media
Freshness guaranteed…
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on enrolment……. purchase…..
Membership Validity
1 Star card is valid for a period of 2 year from the date of
enrolment. 3,5 and 7 star cards are valid for a period of one
year from the date of upgrad.
Membership Renewal
Purchase worth Rs 8000/- within 2 year of card issue date and
retain a 1 star status.
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Purchase worth Rs 8000/- within 1 year of card issue date and
retain a 3 star status.
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Year round
except End -
Year round
of – Season
Sale.
HIERARCHY OF PANTALOON
SM
ASM
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DM
AGM
TL
1
TM
TTM
CHAPTER 4
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CONCLUSION
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Green card facility of Pantaloons
0%
0%
30%
Yes
70% No
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You have a green card?
0%
40%
YES
NO
60%
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Do you like to know something about
green card?
0%
40%
60% YES
NO
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Do you like the facility provide by green
card of Pantaloons?
0%
40%
YES
60% NO
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You get regular update about the new
offering of green card?
0%
37%
63% YES
NO
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Any personal attention by the sales
person?
0%
10%
YES
NO
90%
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Satisfaction with our service
18%
20% 3%
EXCELLENT
VERYGOOD
GOOD
AVERAGE
59%
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Rate of the facility provided by
Pantaloons....
10%
27%
EXCELLENT
23%
VERYGOOD
GOOD
AVERAGE
40%
CONCLUSION
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• Customers are price sensitive , they prefer to buy from
that place where they will get the maximum discounts
with cheaper rates.
• Customer always like to purchase with offers. Likewise,
sales period offers which was promoted on summer
season.
• A lot many complains are coming about product defect
as a result there is more sales return. so as soon as
possible you take care because a large retailer comes to
the market.
• Staffs must attend the customer and not wait for
customers approach.
• The product range should be increased which gives a
various range to customers.
• staffs should behave properly to the customers.
• Staffs are not very much familiar with the visual
merchandise.
• Some of the customers are price conscious, where some
of them are brand conscious and some of them are very
time conscious.
• If the customers have faced any kind of problem then we
will try to solve their problem as soon as possible then he
will be our loyal customers.
• Stocks must be properly arranged in the section.
• Low range fabrics are not qualitative.
• Price is high on the basis of quality.
• Here lady customers plays a vital role to purchase
product. If they convince
once than total market we can tap.
SUGGESTIONS
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• It is being concluded that they should implement
the green card facility to all the products that may
be the grocery products also.
ANNEXURE
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1. Do you know anything about green card facility of
Pantaloons?
2. If yes do you have a green card?
3. If no do you like to know something about green card?
4. Do you like the facility provide by green card of
Pantaloons?
5. Do you get regular update about the new offering of
green card?
6. Do you get any personal attention by the sales person
as you are having green card facility?
7. How you will rate your satisfaction with our service?
8. How you will rate the total facility provided by
Pantaloons?
Bibliography:-
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Retail management-Swapna Pradhan
It happened in India- by Kishore Biyani
Websites:-
www.pantaloon.com
www.pwc.com
www.google.com
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