INTERNSHIP TRAINING REPORT
INTERNSHIP TRAINING REPORT
ON ONIs se
Is sesastasastaauraur acchaacchakahin nahi !kahin nahi !
PROMOTIONAL ACTIVITIES & ITS EFFECT ON CUSTOMER PURCHASE PROMOTIONAL ACTIVITIES & ITS EFFECT ON CUSTOMER PURCHASE
Submitted in Partial Fulfillment of the Requirements of
Submitted in Partial Fulfillment of the Requirements of
INTERNATIONAL INSTITUTE OF BUSINESS STUDIES
INTERNATIONAL INSTITUTE OF BUSINESS STUDIES
Fo
Fo
r the Award
r the Award
of ofM
M
aster Degree in Business Administration
aster Degree in Business Administration
Submitted
Submitted
By:-BI
BINOD KUMARNOD KUMAR BHBHARTARTII
Reg
Reg No:
No: 821240130
821240130
EXTERNAL
EXTERNAL GUIDE: GUIDE: INTERNAL INTERNAL GUIDE:GUIDE: M
Mr.Sujanya.R-Arear.Sujanya.R-AreaMManager(HR) anager(HR) PrProf of . Narayana Prasad. Narayana Prasad M
Mr.Vasanth Kumar Gr.Vasanth Kumar Goowda-Sr.Executive(HR) wda-Sr.Executive(HR) PrProf of .N.S.R..N.S.R.MMurthyurthy M
Mr.r.MManjunatn(Danjunatn(DMM))
ACKNOWLEDGEMENT
ACKNOWLEDGEMENT
I express my pr
I express my pr
ofoofound gratitude t
und gratitude t
oothe almighty my Parents & br
the almighty my Parents & br
oother
ther
foforr
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pr
ooviding me supp
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rt, inspirati
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uragement thr
oough
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oout this
ut this
study.
study.
I
express
my
heart-I
express
my
heart-
f felt
elt
gratitude
gratitude
t
t
oo MMr.Vasant
r.Vasant
Kumar(HR)
Kumar(HR)
MM
r.
r.
MManjunath(D
anjunath(D
MM))
fofor the ample supp
r the ample supp
oort, valuable guidance and
rt, valuable guidance and
enc
enc
oouragement that has enable me t
uragement that has enable me t
ooacc
acc
oomplish the Pr
mplish the Pr
ooject.
ject.
I
I wh
wh
oole heartedly express my gratitude t
le heartedly express my gratitude t
oo MMr. Nar
r. Narayana
ayana Prasad
Prasad ,,
N.S.R.
N.S.R.
MMurthy,
urthy,
f faculty
aculty
of ofIIBS
IIBS
fofor
r pr
pr
ooviding me an
viding me an
oopp
pp
oortunity t
rtunity t
oo, IIBS
, IIBS
wh
wh
oohas guided me th
has guided me th
oorr
oough this pr
ugh this pr
ooject w
ject w
oork and helping me t
rk and helping me t
ooacc
acc
oomplish the rep
mplish the rep
oort success
rt success
f fully.
ully.
I am indeed thank
I am indeed thank
f ful
ul tt
ooNanjundi (Team Leader), Suresh, Rani, Gayathri,
Nanjundi (Team Leader), Suresh, Rani, Gayathri,
Shanth Kr. (
Shanth Kr. (
FFashi
ashi
oon Dep.) & take this
n Dep.) & take this
oopp
pp
oortunity t
rtunity t
ooexpress my gratitude
express my gratitude
fofo
r the sustained supp
r the sustained supp
oort I have received
rt I have received
f frr
oom them.
m them.
I als
I als
oo oowe my sincere thanks t
we my sincere thanks t
ooall Departmental Heads and Empl
all Departmental Heads and Empl
ooyees
yees
of ofthe divisi
the divisi
oon
n wh
wh
oosupp
supp
oorted me by pr
rted me by pr
ooviding in
viding in
foformati
rmati
oon and guidance
n and guidance
with
with
oout which the pr
ut which the pr
ooject w
ject w
oould have n
uld have n
oot been c
t been c
oompleted success
mpleted success
f fully.
ully.
Binod Kumar Bharti
Binod Kumar Bharti
INTERNATIONAL INSTITU
ACKNOWLEDGEMENT
ACKNOWLEDGEMENT
I express my pr
I express my pr
ofoofound gratitude t
und gratitude t
oothe almighty my Parents & br
the almighty my Parents & br
oother
ther
foforr
pr
pr
ooviding me supp
viding me supp
oort, inspirati
rt, inspirati
oon and enc
n and enc
oouragement thr
uragement thr
oough
ugh
oout this
ut this
study.
study.
I
express
my
heart-I
express
my
heart-
f felt
elt
gratitude
gratitude
t
t
oo MMr.Vasant
r.Vasant
Kumar(HR)
Kumar(HR)
MM
r.
r.
MManjunath(D
anjunath(D
MM))
fofor the ample supp
r the ample supp
oort, valuable guidance and
rt, valuable guidance and
enc
enc
oouragement that has enable me t
uragement that has enable me t
ooacc
acc
oomplish the Pr
mplish the Pr
ooject.
ject.
I
I wh
wh
oole heartedly express my gratitude t
le heartedly express my gratitude t
oo MMr. Nar
r. Narayana
ayana Prasad
Prasad ,,
N.S.R.
N.S.R.
MMurthy,
urthy,
f faculty
aculty
of ofIIBS
IIBS
fofor
r pr
pr
ooviding me an
viding me an
oopp
pp
oortunity t
rtunity t
oo, IIBS
, IIBS
wh
wh
oohas guided me th
has guided me th
oorr
oough this pr
ugh this pr
ooject w
ject w
oork and helping me t
rk and helping me t
ooacc
acc
oomplish the rep
mplish the rep
oort success
rt success
f fully.
ully.
I am indeed thank
I am indeed thank
f ful
ul tt
ooNanjundi (Team Leader), Suresh, Rani, Gayathri,
Nanjundi (Team Leader), Suresh, Rani, Gayathri,
Shanth Kr. (
Shanth Kr. (
FFashi
ashi
oon Dep.) & take this
n Dep.) & take this
oopp
pp
oortunity t
rtunity t
ooexpress my gratitude
express my gratitude
fofo
r the sustained supp
r the sustained supp
oort I have received
rt I have received
f frr
oom them.
m them.
I als
I als
oo oowe my sincere thanks t
we my sincere thanks t
ooall Departmental Heads and Empl
all Departmental Heads and Empl
ooyees
yees
of ofthe divisi
the divisi
oon
n wh
wh
oosupp
supp
oorted me by pr
rted me by pr
ooviding in
viding in
foformati
rmati
oon and guidance
n and guidance
with
with
oout which the pr
ut which the pr
ooject w
ject w
oould have n
uld have n
oot been c
t been c
oompleted success
mpleted success
f fully.
ully.
Binod Kumar Bharti
Binod Kumar Bharti
DECLARATION
DECLARATION
I hereby declare the internship training report
I hereby declare the internship training report entitled
entitled
´
´
PROMOTIONAL ACTIVITIES & ITS EFFECT ON CUSTOMER
PROMOTIONAL ACTIVITIES & ITS EFFECT ON CUSTOMER
PURCHASEµ
PURCHASEµ
W
W
as carried
as carried
oout by
ut by
Binod Kumar Bharti
Binod Kumar Bharti
During for a period of 4
During for a period of 4
ththJan 2010 to Feb 28
Jan 2010 to Feb 28
thth2010. under the
2010. under the
guidance of
guidance of
M
M
r.Vasanth Kr. (HR). and
r.Vasanth Kr. (HR). and
Prof. Narayana Prasad
Prof. Narayana Prasad
Prof. N.S.R.
Prof. N.S.R.
MMurthy
urthy
I assure that this report has not formed a basis for the award of any
I assure that this report has not formed a basis for the award of any
other Degree/Diploma by Punjab Technical University or any other
other Degree/Diploma by Punjab Technical University or any other
university.
university.
BANGALORE:
BANGALORE:
DATE:
DATE:
BINOD KUMAR BHARTI BINOD KUMAR BHARTI
INDUSTRY PROFILE:
Indian Retail Industry is standing at its pointof inf lexion, waiting for the boom to take
place. The inception of the retail industry dates back to times where retail stores were found in the village f airs, Melas or in the weekly markets. These stores were highly
unorganized. The maturity of the retail sector took place with establishment of the retail
stores in the locality for convenience. With the government intervention the retail
industry in India took a new shape. Outlets for Public Distribution System, Co -operation stores and Khadi stores were set up. These retail stores demanded low
investmentsfor its establishment.
India has become synonymous with retail boom. Af ter seeing the monopoly of Indian
retailers, the market is all set to welcome retailers f rom Gulf countries who are making
their way to invest in the country.
RETAIL SPACE:
Retailers in India are the most aggressive in Asia in expanding their businesses, thus
creating a huge demand for real estate. Their pref erred means of expansion is to
increase the number of outlets in a city, and also expand to other regions, revealed the
Jones Lang LaSalle third annual Retailer Sentiment Survey-Asia.
Driven by changing lif estyles, strong income growth and f avorable demographic
patterns, Indian retail is expanding at a rapid pace. The country may have 410 new
shopping centers by 2012. Mall space, f rom a meager one million square f eet in 2002, is
expected to touch million square f eet by end of 40 square f eet by end of 2007 and an
estimated 60 million square f eet by endof 2008.
FOOD RETAIL:
Food dominates the shopping basket in India. The US $6.1 billion Indianfoods industry,
which forms 44 percent of the entire FMCG sales, is growing at 9 percent and has set
the growth agenda for modern trade formats. The prospect for growth of the branded
segment is huge, as nearly 60 percent of average Indian grocery basket still comprises
non-branded items. Of the 12 million retail outlets (which is the largest in the world), over a 5 million sell food related products. Some of large players in this market are
Kishore Biyani¶s Food Bazaar, Mukesh Ambani¶s Reliance Fresh, Godrej Agrovet,
Aditya Birla Group¶s More and the TATA Group (which acquired 70 percent stake
in
The Mobile Revolution:
The retail market for mobile phones-handset, accessories and airtime- is already an over US $17.33 billion market growing at the year ended(and 600 million by 2011), Many players have been chalking out aggressive plans:
y Spice Group plans to invest US $123.8 million in the next 2 years in its telecom
retail venture.
y HotSpot Retail Essar Group plans to invest US $278.56-334.24 million over the
next three years in its telecom retail venture.
y Hypermarket Chains like Subhiksha have started exclusive stores for mobile
retail- Subhiksha Mobile and Big Bazaar with Mobile Bazaar.
KIDS RETAIL:
y When it comes toIndian children, retailers are busy bonding- and branding. y Monalisa, the Versace of kids, is coming toIndian.
y Global lif estyle brand Nautia is bringing Nautica Kids.
y International brand Zapp tied up with Raymond to foray into kids¶ appearel. y Disney launched exclusive chains which stock character-based stationery.
y Pantaloon¶s joint venture with Gini & Jony will set-up a retail chain to market
kids¶ appearel.
y Swiss kidswear brand Milou is collaborating with Tirupur-based Sreeja
Hosieries.
y Turner International India Pvt Ltd, with Launch Cartoon Network Townsville
and Planet.
POGO- twotheme parks designed around its channels- In the National Capital Region.
COMPANY PROFILE:
Pantaloon Retail (India) Limited, is India¶s leading retailer that operates multiple retail formats in both the value and lif estyle segment of the Indian consumer
market. Headquartered in Mumbai (Bombay), the company operates over 12 million
square f eet of retail space, has over 1000 stores across 71 cities in India and employs over 35,000 people.
The company¶s leading formats include Pantaloons, a chain of f ashion outlets, Big
Someof itsother formats includeBrand Factory, Blue Sky, all, Top 10 and Star and
Sitara.The company also operates an online portal, f uturebazaar.com.
Future Value Retail Limitedis a wholly owned subsidiary of Pantaloon
Retail (India) Limited. This entity has been created keeping in mind the growth
and the current size of the company¶s value retail business, led by its format
divisions, Big Bazaar and Food Bazaar.
The company operates121 Big Bazaar stores, 170 Food Bazaar stores, among other formats, in over 71 cities across the country, covering an operational
retail space of over6 million square feet. As a focussed entity driving the growth of the
group's value retail business, Future Value Retail
Limited will continue to deliver more value to its customers, supply partners,
stakeholders and communities across the country and shape the growth of modern
retail in India.
A subsidiary company, Home Solutions Retail (India) Limited, operates Home Town, a
large-format home solutions store, Collection i, selling home f urniture products and
eZonefocussedon catering to the consumer electronics segment.
Future Group
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is oneof India¶s
leading business houses with multiple businesses spanning across the consumption
space. While retail forms the core business activity of Future Group, group subsidiaries
are present in consumer f inance, capital, insurance, leisure and entertainment, brand
development, retail real estate development, retail media and logistics.
Led by its f lagship enterprise, Pantaloon Retail, the group operates over 12 million
square f eet of retail space in 71 cities and towns and 65 rural locations across India.
Headquartered in Mumbai (Bombay), Pantaloon Retail employs around 30,000 people
and is listedon the Indian stock exchanges.
The company follows a multi-format retail strategy that captures almost the entire
consumption basket of Indian customers. In the lif estyle segment, the group operates
Pantaloons, a f ashion retail chain and Central, a chain of seamless malls. In the value
segment, its marquee brand, Big Bazaar is a hypermarket format that combines the
In 2008, Big Bazaar opened its 100th store, marking the f astest ever organic expansion of a hypermarket. The f irst set of Big Bazaar stores opened in 2001 in K olkata,
Hyderabad and Bangalore.
Other group companies include, Future Generali, the group¶s insurance venture in
partnership with Italy¶s Generali Group, Future Brands, a brand development and IPR
company, Future Logistics, providing logistics and distribution solutions to group
companies and business partners and FutureMedia, a retail media initiative.
The group¶sf lagship company, P antaloon Retail was awarded the International
Retailerof the Year 2007, by the US-based National RetailFederation, the largest retail
trade association and the Emerging Market Retailer of the Year 2007 at the World
Retail Congress inBarcelona.
VISION
Our Vision is to emerge as the best and the most prof itable retailer in INDIA.
MISSION
We share the vision and the belief that by improving our performance through
innovative spirit and dedication, we shall serve customers and stakeholders
satisf actorily. We shall be the trend setter in f ashion and off er a f air deal to all our customers. The company shall strive to be the INDIAN retailing
CONGLOMERATE, an eff icient and low cost operator with a commitment to
QUALITY. Our positive attitude arising f rom our devotion, sincerity and united
determination shall be the driving force to make us globally COMPETITIVE.
Core-Ideology
Core Value
Indianess:
Conf idence inourselves.Leadership:
To be a leader, both in thought and business.Respect and Humility:
Torespect every individual and be humble in ourconduct.
Introspection:
Leading to purposef ul thinking.Openness:
Tobeopen and respective to new ideas, knowledge and information.Valuing and nurturing Relationship:
To build long term relationships.Simplicity and Positivity:
Simplicity and positivity inour thought, businessand action.
Adaptability:
Tobef lexible and adaptable, to meet challenges.Flow:
To respect and understand the universal laws of Nature.Major milestones:
1987 company incorporated as ManzWear Pvt.ltd. launch of Pantaloons trouser,
India¶s f irstformal trouser brand.
1991 launchof BARE, the Indian jeans brand.
1992 Initial public off er (IPO) was made in the monthof May.
1994 The Pantaloon Shoppe - exclusive menswear store inf ranchiseformat
launched across the Nation. The company starts the distributionof branded garments
through multi- brand retail outlets across the Nation.
1995 JohnMiller-Formal shirts brand launched.
1997 Pantaloon- India¶s f amily store launched in K olkata.
2001 Big Bazar, ´Is se sasta aur accha kahi nahinµ 2002 Food Bazar, the supermarket chain is launched.
2004 Central- µShop, Eat, Celebrate in the Heart of our
City¶-India¶s f irst seamless mall is launched in Bangalore.
2005 Fashion Station- the popularf ashion chain is launched all.
2006 Future capital Holdings, the company¶s f inancial arm launches real estate f unds Kshitij and Horizon and private equity f und in division. Plansforays into
insurance and consumer credit.
2007 Introductionof Wednesday Bazar especially for women.
Major operation·s of Big Bazar
Logistics
GRN (Good Receipt No.)
Vendor Scheduling
Stock Keeping
Space management
Stock receiving
STO/RSTO
PO (Purchase order no.)
CSD (customer Service Department)
Exchange counter
Handling customer quarries and issues
Announcement Gift Wrapping Operation Department Hygiene Cleanliness Parking
Cash till management
Profile Protection Management
SOP
Trolly Management
Damage and Shrinkage control Merchandise
MPM (merchandise Presentation manual)
FPP (First price point)
Core
Core Fashion
Deals
Signage
Pattern wise size Display
Atmospherics:
Can be described as an environment that stimulates the perceptual and emotional responses of the customers through t.
Visual Communications Fragrance Lighting Colors Music
Store Security:
Customer Theft Employee Theft Supplier PilferageCredit Management:
Almost all retailers have started to accept credit cards or credit purchases. However retailer should be very cautious while handling credit or credit cards, as many of these can be stolen or fictitious cards.
Some of the precautionary measures
Tallying the signature of the card holder on the credit slip with that on the credit card.
Checking the authenticity of the individual carrying the card
Seeking the approval from finance provider if the sale through credit card is over a certain amount.
Visual Merchandising:
Techniques of VM for its stores are Idea oriented presentation
Style or item oriented presentation
Color presentation Price lining Vertical merchandising Tonnage merchandising Frontal presentation Size presentation
ORGANIZATION STRUCTURE
HIERARCHY
Fo
ll
owing are
organizati
onal hierarchy in Big Bazaar
1. STORE MANAGER
This is the highest position in the store. He is thef ather and head of thef amily. He is the
decision maker for the store. The store manager is the responsible for both the top line
responsibility is sales and the bottom line responsibility is prof it.
Role of Store Manager involves³
Ensuring smoothoperationsof the store.
Making plans to ensure highest prof itfor the store.
Proper executionof plans.
Decidingonoff er/dealsfor clearance of products.
Conducting meeting for proper communicationf low
2. ASSISTANT STORE MANAGER
There are three ASM¶s in the store. Each ASM looks af ter 1 to 2 department of the
store. The main f unctionof the ASM is to assist the SMin his targets and help achieve
him the same.
3. DEPARTMENT MANAGER
This designation is present for both f unctional departments as well as the store
department. A def inite sales target is set for each department and it is responsibility of
each DMto achieve the same. The DM¶s of the f unctional department are responsibility of the smoothoperationof their respective departments.
4. ASSISTANT DEPARTMENT MANAGER
As the name suggests, the main role of the ADM¶s is to assist the DM¶s in their work.
There are 8 ADM¶s in the store.
5. TEAM LEADER
Sometimes department is divided into sections and there are diff erent teams appointed
tolook af ter these sections. Team leaders are the heads of such teams.
6. TEAM MEMBERS
These comprise of almost 80% of total staff . They are the actual customer f acing
members and their key role is to provide best service to the customer. Pleasing
personality, good communication skills and overall product knowledge are the main
requirementfor this post.
FUNCTIONAL DEPARTMENT
The store operations are divided into various operations which are carried out by the
respectivef unctional departments.
1. Human Resource Department (HR).
3. Commerce Department.
4. LT Department. 5. I.T Department.
6. Maintenance and Facility Department.
7. Administration Department.
8. Visual Merchandising Department (VM).
1
) Human Resource Department.
Human resource development deals with the following:
1. Manpower recruitment.
2. Manpower Training and development.
3. Maintaining personal recordof employees.
4. Deciding salaries and wages. 5. Employee welf are.
Manpower Recruitment:
Recruitment for the position of team members, team leaders and sometimes even
Assistant Department Managers is done at the store by HR head, Store Manager and
Assistant Store Manager. However for recruitment of higher posts like Department Manager, the selection is done at zonaloff ice.
Manpower Training and Development.
The main idea behind this program is to develop knowledge, skill and attitude required
by an individual toperform adequately a given task.
This training program has been successf ully improving the performance of the
employee and which in turn has enhanced the organization al performance.
Various training programs along with the written test at each of the training levels have
been designed. They are cashiering training, group philosophy, training on retail
business, values, sales trainee, policies, product knowledge etc
Maintaining Employee Records.
The personal information of each employee is maintained in the SAP. Information
related to leaves, provident f und, gratuity, employee state insurance, bonus, salary,
personal loan etc, is maintained by the HR department.
Deciding Salary and Wages
The salary isf inalized considering the followingf actors: Current salary level.
Qualif ication and Experience. Level at which the job isoff ered.
Existing salary levels in the organization. Market trends.
Various leaves are available to the employees like casual leave, sick leave, earned leave,
maternity leave, all purpose leave, paid holiday, compensatory off and week off . Any
changes in the salary are made on the basis of appraisal and overall rating of the
employees.
Employee Welfare
Every organization conducts welf are activities for its employees. The welf are activities
Culture activities toprovide scopefor their hidden talents. Long term service awards.
Birthday celebrations.
Extra benef its for night shif t employees.
2) LOGISTICS DEPARTMENT
The inventory levelsof the store have tobe maintained to avoid any stock outs. Logistics
department is mainly concerned with the stock management in the store. They maintain
supply f low of required stock. The focus of logistics department in on removing
ineff icient inf ulf illing customer demand in real time.
Role of logistics department
Saf e and reliable transport in as much low price as possible.
Maintain contact with distribution teams (trucks, trains«) and track where the
material is.
Partnership with transportation f irm so that cost and transportation can be
shared does not occupy the whole truck space.
Merchandise received f rom the central warehouse or vendors are taken to the
store af ter undergoing the inward process. The excess merchandise displayed on
the f loor gets sold out. It ref ers to the eff ective and cautious way of moving the
merchandise f rom store warehouse to respective section inside the store where
they have to be displayed and sold tothe customers.
PRODUCT PROFILE:
Ground
Floor:-Food Bazar
Fruits &Vegetables
Bakery Items Crockery
Dal, Rice, Atta, Rave, Oils, Masala items Dry fruits Ready meals Breakfast cereals Soft drinks Cosmetics Herbal Confectionery
Non-Food Dept
Cash Counter Announcement Dep. Detergents, phenylDish wash, tissue papers, scratch, Soap, tooth paste, shampoo,
Deodorants, body spray. Talcum powder.
Level 1
Stainless Steel Utensils Plastics
Generel Books
Childern Stationary
Office Stationary
GamesVCD's & DVD's
NBD (New Business Development)
Gift items
Car & Motor Cycle Covers
Bed sheet, towel, curtain,
Quilt, pillow
Bags, trolley bags
Saints & Perfumes
Home Decor
Toys and sports Dept
i)Soft Toys
ii)Hard Toys Home Line
Bed Sheets,Pillows,Bed Spreads
Towels,Yellow dust
Carpets,Cushion Covers
Chair Bags Footwear Bazar
LEVEL 2
Clothes Dept
1 .Ladies sarees
2. Girls Dress Materials
3. Kids Wear
Ladies Accessories
Mens Formals & Casuals Wears
Mens Accessories Belts Fabrics Jewelery Baby cares Diapers
Cities where stores are located:
Agra, Ahmedabad, Allahabad, Ambala, Asansol, Bangalore, Mysore, Hubli,
Bhubaneshwar, Chennai, Coimbatore, Palakkad, Kolkata, Delhi, Durgapur, Gajiabad, Gurgaon, Hyderabad, Indore, Lucknow, Kanpur, Man galore, Mumbai, Nagpur, Nasik,
Panipath, Pune, Rajkot Surat, Thane, Thiruvananthpuram & Vishakapatnam
.
Awards and Achievements
2009
CNBC Awaaz Consumer Awards 2009
y Most Pref erredMulti Product Chain - Big Bazaar
y Most Pref erredMulti BrandFood & Beverage Chain - Big Bazaar
Images Fashion Forum 2009
y Most AdmiredFashion Group Of The Year -Future Group y Most Admired Private Label - Pantaloons, the lif estyleformat
y Critics Choice For Pioneering Effort In Retail Concept Creation
-Central
Coca-Cola Golden Spoon Awards 2009
y Most AdmiredFood & Grocery Retailer Of The Year y Most AdmiredFood Court
y Most AdmiredFood Prof essional
2008
Indian Retail Forum Awards 2008
y Most Admired Retail Company of the year -Future Group y RetailFaceof the Year - Kishore Biyani
y Best Retailer Of The Year ( Hypermarket) - Big Bazaar
Future Group was awarded the Most Admired Retail Company of the year by
the Indian Retail Forum at a glittering ceremony organised in Mumbai. Mr
Kishore Biyani also won Retail Face of the Year. India Retail Forum (IR F) is a
platform for intellectual insights and information exchange for the retail
business in the Indian subcontinent.
Theforum presents the business of retail in the region to a global audience, with
the express aimof f acilitating understanding about and encouraging investment
in this massive marketplace.
Big Bazaar, the value format of Future Group bagged the Best Retailer Of The
Year(Hypermarket).
The INDIASTAR Award 2008
Food Bazaar: Best Packaging Innovation
Food Bazaar bagged the INDIASTAR Award for Best Packaging Innovation in
India,for its private label brand Fresh And Pure Chakki Atta.
INDIASTAR Award is a biennial event which aims to promote and encourage
excellence in packaging design, innovation and technology. The contest was
established in 1972 and is considered as the most popular and premier event for
India¶s packaging f raternity. This year there were around 357 entries and the
participants had to submit a sample of their designs for selection.
With this award, Pantaloon Retail (India) Limited becomes the f irst Indian
Retailer towin the prestigious INDIASTAR Award
.
Retail Asia Pacific 500 Top Awards 2008
y Gold Winner - Top Retailer 2008 Asia Pacific
Retail Asia Publishing Pte, the institutor of these awards, aims to set a platform
that appraise, raises and recognizes the development and growth of retailing
throughout the Asia Pacif ic region.
Coca-Cola Golden Spoon Awards 2008
y Most Admired Food & Grocery Retail Visionary of the Year: Kishore
Biyani
y Most Admired Food & Grocery Retailer of the Year ± Supermarkets:
Food Bazaar
y Most Admired Food & Grocery Retailer of the Year - Hypermarkets:
y Most Admired Retailer of the Year - Dynamic Growth in Network
Expansion acrossFood, Beverages & Grocery: Future Group
y Most Admired Food & Grocery Retailer of the Year - Consumer's
Choice: Big Bazaar
The Coca-Cola Golden Spoon Awards 2008, were given away for the f irst time
as a culminationof the µFoodForum India 2008¶ ± a two day convention, which
saw the participationof leading brands, retailers & retail support organizations f rom across the globe. The awards were presented to honour enterprise,
innovation and achievement in the food retailing business as a benchmark of
excellence.
The Reid & Taylor Awards For Retail Excellence 2008
y Retail Leadership Award: Kishore Biyani
y Retail Best Employer of the Year: Future Group
y Retailer of The Year: Home Products and Off ice Improvements:
HomeTown
The Reid & Taylor Awards for Retail Excellence are an important f eature of
the Asia Retail Congress, Asia¶s single most important global platform to
promote world-class retail practices. These awards are aimed at honouring the
best, in the Asian Retail scenario. India played host to Asia Retail Congress
2008.
2007
Images Retail Awards
Most Admired RetailFaceof the Year: Kishore Biyani
Most admired retailer of the year: Largeformat, multi product store: Big
Bazaar
Most admired retailer of the year:Food and Grocery:Food Bazaar
Most admired retailer of the year: Home &off ice improvement: HomeTown Mo
st admired Retail C
ompany
ofthe year: Pantal
oon Retail (India) Ltd.
y Images Retail Forum followed strict international benchmarks in
deciding the top honoursfor Images Retail Awards ¶07, with IRIS as
knowledge partner and global consulting f irm AT Kearney as the
Process Approver
.
National Retail Federation Awards
International Retailerfor the Year 2007 ± Pantaloon Retail (India) Ltd
y The National Retail Federation is the world¶s largest retail trade
association withover 1.4 million members in the US and across the
world. Someof the past winners of the award include Metro AG
(Germany), Carrefour (France), Zara (Spain), Boticario(Brazil) and Ito
Yokado (Japan). The award was presented at the Retail¶s Big Show held
in January 2007 in New York.
World Retail Congress Awards
Emerging Market Retailer of the Year 2007 ± Pantaloon Retail (India) Ltd
y The inaugural World Retail Congress held in Barcelona, Spain in
March 2007 attractedoverone thousand retail prof essionals f romover
sixty countries. The awards were decided by a multinational Grand
Jury. Winners inother categories included Inditex, Mallof Emirates, Marks & Spencer and IKEA.
Hewitt Best Employers 2007
Best Employers in India (Rank 14th) ± Pantaloon Retail (India) Ltd
y Leading human resources consultancy, Hewitt Associates conducts an
annual survey of the best employers in India, as part of its global
initiative. It is based on CEO interview, People Practices Inventory and
Employee Opinion Surveys. Pantaloon Retail became the only retailer to f eature among the twenty-f ive best employers in India.
PC World Indian Website Awards
PCWorld, a leading consumer technology magazine selected the best Indian
websites in various categories based on useof technologyfor delivering
solutions, information being presented in an intuitive and concise manner and overall experience aided by design.
Reader·s Digest Trusted Brands Platinum Awards
Trusted Brands Platinum Award ( Supermarket Category) ² Big Bazaar
y The Reader¶s Digest awards are based on surveys done among
consumers by independent research agency, Nielsen Media Research.
This is the second consecutive time Big Bazaar has won this award. 2006
Retail Asia Pacific Top 500 Awards
Asia Pacif ic Best of the Best Retailers ± Pantaloon Retail (India) Ltd
Best Retailer in India ± Pantaloon Retail (India) Ltd
y The Retail Asia publication in association with EuroMonitor and
KPMG honours the best retailers in 14 countries across the Asia
Pacif ic region. The awards were presented in Singapore in
October, 2006.
Asiamoney Awards
Best Managed Company in India (Mid-cap) ± Pantaloon retail (India)
Ltd.
The Asiamoney publication conducts a poll amongf und manages and
investors and does a quantitative analysisof f inancial performance to
select best managed companies in Asian countries.
Ernst & Young Entrepreneur of the Year Award- Ernst & Young
CNBC Indian Business Leaders Awards
TheFirst Generation Entrepreneur of the Year ± Kishore Biyani
y Organized by CNBC-TV18, the twelve awardees in various
categories are decided by a high prof ile jury, along with research
partners - The University of Chicago Graduate Schoolof
Business, Development Dimensions International (DDI) and AC
Neilson ORGMARG.
Lakshmipat Singhania ² IIM Lucknow National Leadership Awards
y
Y
oung Business Leader ± Kish
ore Biyani
The award recognizes and honors individuals who have contributed
consistently tothe betterment of our country through their pursuit of
excellence. The awards were presented in New Delhi by the Prime
Minister Dr.Manmohan Singh in December, 2006.
Images Retail Awards
Best Value Retail Store ± Big Bazaar Best Retail Destination ± Big
Bazaar
Best Food & Grocery Store ± Food Bazaar
Retail Face of the Year ± Kishore Biyani
The Images Retail Awards are decided through a nationwide consumer
& industry poll and nominationsfollowed by performance assessment by
teamof analysts and jury.
Readers¶ Digest Awards
Platinum Trusted Brand Award - Big Bazaar
The Reader¶s Digest awards are based
on surveys d
one am
ong
c
onsumers by independent research agency, Nielsen
Media
CNBC Awaaz Consumer Awards
Most Pref erred Large Food & Grocery Supermarket ± Big Bazaar
y Conducted in association with AC Nielsen-ORG Marg across 21
major cities, nearly 10,000 consumers were asked to choose their
most pref erred brands.
Reid & Taylor Awards for Retail Excellence
Retail Entrepreneur
ofthe Year ± Kish
ore Biyani
2005Images Retail Awards 2005
y PRIL-Most Admired Retailerof the Year
y Food Bazaar- Retailer of the Year(Food and Grocery) y Big Bazaar-Retailer of the Year(Value Retailing) y Central-Retail Launch of the Year
Voted by Business Today magazine as one of the
y Top 20 Companies in India to watch in 2005
y India¶s most investor-f riendly companies in the top 75 y India¶s Biggest wealth creators in the top 100
DAKS London
PRIL- Brand Builder of the Year 2004
Images Retail Awards 2004
y PRIL- Most Admired Retailer of the Year Food Bazaar- Retailer of the
Year(Food and Grocery)
y Big Bazaar-Retailer of the Year(Value Retailing) y Central-Retail Launch of the Year
PRIL - Retailer of the year
y
y
2003
Indian Express Award
y PRIL ± Marketing Excellence and Excellence in Brand Building
Indusland Bank (India Brand Summit)
SWOT ANALYSIS
STRENGTHS
High brand-Equity in evolving retail markets.
Stateof art inf rastructureof the Big Bazaar outlets. Point of purchase promotions toincrease the purchase.
Varietyof stuff under single roof increasing customer time and available choices. Low price
Customer service desk. Advertisement.
Large volume of capital investment. Discount.
WEAKNESSES
Unable to meet storeopening targets. Fallingof revenue per squaref eet. Less store space.
Unavailabilityof branded items. Inadequate Stock.
Some products are very costly.
OPPORTUNITY
Organized retail is just 8% of total pieof Indian market. Evolving consumer pref erence in recent years.
Huge complexesoff er shopping.
THREATS
Competitors, Global big players planning to foray into the markets. Government policies are not well-def ined in emerging markets like India. Unorganized retail market of India.
FINDINGS
y Various service quality f actors. y Convenience f actor
y Storef actor y System
y Customer relationship y Eff iciency
y Accessibility
y There is signif icant association between Gender and service quality.
y There is a signif icant association between Age and store f actor, system,
eff iciency f actors.
y There is signif icant association between education and store f actor. System
and eff iciency f actor.
y There is a signif icant association between prof ession and convenience, system
and eff iciency f actor.
y There is an association between martial status and convenience, customer
relationshipf actors.
y There is an association between monthly income and convenience, system,
customer relationship.
y There is an association between household type and system, customer
relationship.
y There is an association between monthly expenditure and convenience, store
f actor system.
CONCLUSION
This study has basically helped to know the service quality and customer gap between
exception and perception and what inf luence people to shop at big bazaar. Most of the
customers are inf luenced by the off ers in Big Bazaar have great off ers for there
customers that acts as the motivatingf actor which brings the customers toBig Bazaar.
Customers shop more in the food bazaar and the men¶s wear department in Big Bazaar.
Customers f eel that Big Bazaar has variety of products available in various
departments.
The display of products (Kiosk) in Big Bazaar is very good and the customers f eel that it
is very easy for them to f ind any product in the store. The ambience is also very good
but however it needs to be improved still for better customer satisf action. Most of the
customers are not aware of the Home-Delivery provided by the Big Bazaar. I believe
that Big Bazaar has the potential to satisf y its customers and retain them. And it has its
brand name to reck on with in the market.
The customers are very much satisf ied with the retail outlets as these outlets maintain
and provide good quality, service, p rice, ambience, display of the products
inf rastructure. The customers are greeted and respected very well by the employees of
the outlets as today¶s business is driven by consumers and the customer is called as the
king in the market.
Objectives
Tostudy on Promotional strategies in Big Bazaar.
To create awareness by promoting and motivating them to buy the
products in Big Bazaar.
To provide the benef its by creating/building new strategies upon the
needs of customers.
To bring an Big Bazaar product into a visualform through media. To identif y the customer emerging needs and their requirements.
To suggest new promoting strategies for the product so that they may
implementfor promoting the product.
To suggest Big Bazaar employees to achieve the target of selling the
products.
To make Big Bazaar tosucceed in the market by positioning the brand. To identif y the potential promotionaloff er.
To determine the f actors, that inf luences customer purchase at Big
Bazaar.
To provide valuable suggestions that can inf luence the sale at Big Bazaar. To know the customer expectation towards Big Bazaar.