by
Hardik Dholakia
Department of Management Studies and Research, Tirpude College of Social
Work
Introduction
Retailing: To buy in bulk and sell it in parts to the end
customer
Visual Merchandising: To place Merchandise (products) in a
way that looks good and helps in attracting the customer.
Organized Retail -one of the fastest growing industry in India
Tremendous growing capability as it is only 4.7 %
People in India moving to readymade products
Introduction to the Company
(Future Group)
Started off as Pantaloons and has gifted India with many more
verticals as Big-Bazar, Future Genrali, Future Educations, Future
Logistics
CEO, Mr. Kishore Biyanis Dream.
Vision Statement:
Future Group shall deliver Everything, Everywhere, Every time for
Every Indian Consumer in the most profitable manner.
Mission Statement:
To share the vision and belief that our customers and stakeholders
shall be served only by creating and executing future scenarios in
the consumption space leading to economic development
OBJECTIVE
PRIMARY OBJECTIVES OF THE STUDY:
To identify the impact made by the modern promotional
techniques along with the traditional visual merchandising
strategies in consumers buying decision.
Limitations:
The influence of other mediums.
Difficult to observations in a detailed manner.
Marketer/ promoter trying to promote the product
Research Methodology
Primary Research:
Interviews with the customers
Observing customers while shopping
Interacting with the sales team
Secondary Research:
Internet study
Books
FINDINGS
The lighting, design layout, themed displays and cleanliness are the key elements
of visual merchandizing programs.
The theme of the display and creativity should match the offer for
Lighting helps to select correct products, reduce the time wasted and feel relaxation
during the shopping tours.