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Customer Perception Regarding Big Bazar Services
Customer Perception Regarding Big Bazar Services
ON
Submitted
In Partial fulfillment for the requirement
of Bachelor’s of Business Administration
(2015-2018)
(ASSISTANT PROFFESOR)
SUBMITTEDBY
PRACHI PANICKAR
ENROLLMENT NO.– 01751401715
[3RDSEMESTER]
I take this opportunity to express my heartiest gratitude to Fairfield Institute of Management& Technology for
permitting me to undertake this research and supporting me during this research and otherwise also.
I would like to thank Dr .Suman Yadav who not only played the role of my philosopher and guide but also
mentored me at every stage of my project work. I would like to extend my hearty thanks toentire faculty
members of BBA department for their constant cooperation and support to take decision during the course of
my research .I would also like to thank my parents for their support and blessing without which this project
could not have been completed. Indeed I shall remain ever grateful to them.
I am also thankful to college library and computer centre management staff or their constant support.
The experience I gained during this research project is of immense importance in the academically and more on
professionally.
Prachi panickar
ENROLLMENTNO.-
01751401715
CERTIFICATE
This is to certify that the project report entitled “CUSTOMER PERCEPTION REGARDING BIGBAZAAR
SERVICES” Submitte by PRACHI PANICKAR is bonafide piece of work conducted under my direct
supervision and guidance. No part of this work has been submittedfor any other degree of any other university.
It may be considered for evaluation in partial fulfillment of the requirement for the award of degree of Bachelors
of Business Administration.
Date:
Dr.Suman Yadav
(Asst. Professor)
ACKNOWLEDGEMNT
CERTIFICATE
1. INTRODUCTION
2. LITERATURE REVIEW
3. RESEARCH METHODOLOGY
OBJECTIVE
SCOPE OF STUDY
SAMPLING UNITS
4. DATA ANALYSIS
FINDINGS
LIMITATIONS
SUGGESTIONS
CONCLUSIONS
9. BIBLIOGRAPHY
10. ANNEXURE
EXECUTIVE SUMMARY
Big Bazaar is a chain of shopping malls in India owned by the Pantaloon Group.Big Bazaar has
democratized shopping in India and is so much more than a hypermarket. Here, you will find
over 170,000 products under one roof that cater to every need of a family, making Big Bazaar
India’s favorite shopping destination. Big Bazaar is the destination where you get products
available at prices lower than the MRP, setting a new level of standard in price, convenience
and quality. It was started in the year 2001 with the slogan “Is se sasta aur achcha kahin nahi”
The title of the project is “Customer perception towards Big Bazaar. The purpose of the study is
to understand how the customers perceive the store and provide suggestions for improvement.
The type of the research design used was the Descriptive Research design and the sampling
procedure that was followed was non probabilistic convenience sampling. The total sample size
for the study is 100 respondents across all the ages, income category, occupation and gender. Bar
charts and other useful tools are used for the analysis of the study Some of the limitations of
the study include the biased responses provided by
the respondents; the sample may not represent the whole population, and most
customers were busy with shopping are some of them. Structured questionnaire
were used to get the responses from the respondents by personally interviewing
them in the store. Some of the suggestions provided by the respondents for
reducing too much crowd during festive seasons and improvement in parking
facility. Based on the findings the conclusion was that the overall perception of
the customers towards the store is good. The overall perception was good but
there is still scope of improvement, which are the recommendations given for
the study include priority given on the basis of quantity of purchase in the queue
the benefits of visiting the store during off season, improving the ambience and
Chapter – 1
INTRODUCTION
The Indian retail industry is the fifth largest in the world. Comprising of organized and
unorganized sectors, India retail industry is one of the fastest growing industries in India,
especially over the last few years. Though initially ,the retail industry in India was mostly
unorganized, however with the change of tastes and preferences of the consumers, the industry is
getting more popular these days and getting organized as well. With growing market demand, the
industry is expected to grow at a pace of 25-30% annually. The India retailindustry is expected to
grow from Rs. 35,000 crore in 2004-05 to Rs. 109,000crore by the year 2010.Growth of Indian
Retail According to the 8th Annual Global Retail Development Index (GRDI) of ATKearney,
India retail industry is the most promising emerging market forinvestment. In 2007, the retail
trade in India had a share of 8-10% in the GDP(Gross Domestic Product) of the country. In
2009,it rose to 12%. It is alsoexpected to reach 22% by 2010.
to grow to US$ 700 billion by 2010. By the same time, the organized sector will
be 20% of the total market share. It can be mentioned here that, the share of
Pantaloon:
Pantaloon is one of the biggest retailers in India with more than 450 storesacross the country.
Headquartered in Mumbai, it has more than 5 million sq. ft retail space located across the
country. It's growing at an enviable pace and isexpected to reach 30 million sq. ft by the year
2010. In 2001, Pantaloonlaunched country's first hypermarket ‘Big Bazaar’. It has the following
retail segments:
· E-tailing: Futurebazaar.com
· Entertainment: Bowling Co.
Tata Group
Tata group is another major player in Indian retail industry with its subsidiaryTrent, which
operates Westside and Star India Bazaar. Established in 1998, italso acquired the largest book
and music retailer in India ‘Landmark’ in 2005.Trent owns over 4 lakh sq. ft retail space across
the country.
RPG Group
RPG Group is one of the earlier entrants in the Indian retail market, when itcame into food &
grocery retailing in 1996 with its retail Foodworld stores.Later it also opened the pharmacy and
beauty care outlets ‘Health & Glow’.
Reliance
Reliance is one of the biggest players in Indian retail industry. More than 300Reliance Fresh
stores and Reliance Mart are quite popular in the Indian retailmarket. It's expecting its sales to
reach Rs. 90,000 crores by 2010.
AV Birla Group
AV Birla Group has a strong presence in Indian apparel retailing. The brandslike Louis Phillipe,
Allen Solly, Van Heusen, Peter England are quite popular.It's also investing in other segments of
retail. It will invest Rs. 8000-9000 croresby 2010.
· Mom-and-pop stores: they are family owned business catering to smallsections; they are
individually handled retail outlets and have a personaltouch.
· Departmental stores: are general retail merchandisers offering qualityproducts and services.
· Convenience stores: are located in residential areas with slightly higherprices goods due to the
convenience offered.
· Shopping malls: the biggest form of retail in India, malls offers customersa mix of all types of
products and services including entertainment andfood under a single roof.
· E-trailers: are retailers providing online buying and selling of productsand services.
· Discount stores: these are factory outlets that give discount on the MRP.
· Vending: it is a relatively new entry, in the retail sector. Here beverages,snacks and other small
items can be bought via vending machine.
They are known as category killers as they focus on specific categories,such as electronics and
sporting goods. This is also known as Multi Brand Outlets or MBO's.
· Specialty stores: are retail chains dealing in specific categories and provide deep assortment.
Mumbai's Crossword Book Store and RPG's Music World are a couple of examples.Challenges
facing Indian retail industry
TheFuture
The retail industry in India is currently growing at a great pace and is expected to go up to US$
833 billion by the year 2013. It is further expected to reach US$1.3 trillion by the year 2018 at a
CAGR of 10%. As the country has got a high growth rates, the consumer spending has also gone
up and is also expected to goup further in the future. In the last four year, the consumer spending
in India climbed up to 75%. As a result, the India retail industry is expected to grow further in
the future days. By the year 2013, the organized sector is also expected to grow at a CAGR of
40%.
CHAPTER-2
LITERATURE REVIEWS
COMPANY PROFILE
Company Profile:
Founded: 2001.
Industry: Retail.
Big Bazaar is a chain of hypermarket in India, which caters to every family’s needs and
requirements. This retail store is a subsidiary of Future group, Pantaloons Retail India Ltd. and is
an answer to the United States’ Wal-Mart. Big Bazaar has released the doors for the fashion
world, general merchandise like sports goods, cutlery, crockery, utensils, and home furnishings
etc. at best economical prices.
Big Bazaar group offers more than 100 stores all over the country with an amalgamation of
Indian bazaars’ feel and touch with a convenience and choice of the modern retail facilities. The
retail format of the Big Bazaar group includes Aadhar, Rural & Home-Town retail chain, Ezone
home-improvement chain, sportswear retailer, depot and music chain is few among other The
worldwide country chain, Big Bazaar, is formed by CEO of Future Group, Mr. Kishore Biyani.
The group do not promises more than what it delivers. Their basic attraction associated with
reasonable prices is their Unique Selling Price.
Though, the products Big Bazaar stores stocks might not be advanced, but the customers are
assured to avail the worth of the money spent by them. In 2001,the group opened its first store on
the VIP Road, Calcutta, which was the primary departmental store offering regulated services of
parking, steel vessels ,apparel, electronics etc under the one roof at the competitive prices. Big
Bazaar has become a massive hit with lower middle-class and middle class people as a major
client base .At present, the Future Group comprises various formats and brands like Pantaloons,
F123, Copper Chimney, E tam, Staples, One Mobile, Urbana, Brand Factory, Loot Mart, Home
Town and Central. The Big Bazaar has several stores located all over the India, among that
Chennai, Hyderabad, Ahmedabad, Bangalore, Kolkata, Pune, Mumbai and Delhi is those metro
cities where the stores of Big Bazaars are located.
Facilities offered by Big Bazaar
· Online shopping: Big Bazaar has an official website, Future Bazaar.com, which is one of the
most favorite sites among people of India for online shopping. Future Bazaar is an online
business venture of Future Group, which sells an assortment of products such as fashion, which
includes merchandise for men and women, mobile accessories, mobile hand sets and electronics
like home theatres, video cameras, digital camera, LCD tv, kitchen appliances and many more.
· Discounts: “Hfte ka sabse sasta din was introduced by the Big Bazaar, wherein extra and
special discounts were offered on Wednesday every week, to attract the potential buyers into
their store.
· Security check: At each exit of Big Bazaar, they use alarm systems or Electronic Article
Surveillance system, which detects the products tha thas attached tags or not.
3. To know the gender, marital status and occupation of the respondents visiting the store.
4. To ascertain and understand the perception towards the prices, product variety, the shopping
experience, parking facility, billing system, promotions offered, interaction of the sales personnel
with the customers and the quality of the products offered at BIG BAZAAR.
1. Exploratory Research
2. Descriptive Research
Exploratory research focuses on the discovery of the ideas; the major purpose ofthis study is to
identify the problem. Exploratory study is used in the initial phase of the research. The broad and
vague problem divided into small and precise statements. Exploratory research is intended to
develop initial insight and provide direction for any other further research needed.
It is a research, having clearly defined objectives and data requirements and is capable of
suggesting a specific course of action to be taken by the decision makers. As the name suggests,
it implies to describe something. It is intended to generate data describing characteristics of the
groups such as consumers ,Salespeople, Market areas; Questionnaires can be used to gather data.
The design attempts to specify the nature of functional relationship between two or more variable
factors present in the problem environment. Experimentation is done to find the effect of one
factor on the other. The objective of the causal research includes: to study the Cause-Effect
relationship of factors that affect the market.
Research Method
There are mainly five types of research methods used in a study. They are:
• Observation
• Experimentation
• Survey
• Test Marketing
• Consumer panel
For this study, the survey and observation method were more appropriate then other methods
because the study required the responses from the respondents and survey method suited the
most.
Type of Data
There are mainly two types of data collection method. They are:
Primary data is the data, which is collected at the first hand either by there searcher or by
someone else especially for the purpose of the study .Communication and observation are two
basic means of obtaining primary data. Communication involves the questioning of respondents
to secure the described information using a data collection instrument. Observation does not
involve questioning. Rather it means that the situation of interests is checked and the relevant
facts, actions and behaviour are recorded .The primary data for this study was collected through
questionnaires. This method of data collection is quite popular, particularly in case of big
enquiries. The questionnaire has been used to survey the customers who visit the BIGBAZAAR
store.
Secondary data includes those data, which are collected for some earlier research work and are
applicable in the study, the study researcher has presently undertaken. Efficacious use of
secondary data can both save money and time of the researcher. The researcher using secondary
data must also know the fundamentals of the primary data collection. Secondary data is a
valuable source of data. Though the secondary data is less expensive and can be collected within
a short period of time yet, they do not solve the research problems completely. This may be due
to different units of its measurement, different classes employed to report data, which may
become outdated by the time of its publication, this data may not be adequately processed, it may
not be sufficient and so on.
Sampling Procedure
In the study of this kind primary data plays a vital role. Regardless of the method used to obtain
the primary data (experimentation, observation and survey), the researcher has to decide whether
the data to be obtained from every unit of the population under study or only a representative
portion of the population will be used. The first approach, which is collecting data about each
and every unit of the population, is called census method .The second approach, where only a
few units of population under study are considered for analysis is called sampling method.
Sampling plan
Type of sampling: The sampling is non-probability convenient sampling of customers. The
respondents are chosen according to the convenience of the researcher. The customers who gave
visit to the store during the study they were picked randomly according to the researcher
convenience.
Sample size: The total sample size for the study was 100 respondents.
Research Instrument
The instrument used in the study is – structured questionnaire.
· The opinion of the respondents visiting the BIG BAZAAR store may not represent the whole
population.
· Due to the limitations of time, a larger respondent base could not be covered and was limited to
a sample size of 100 respondents.
· There might have been tendencies among the respondents to filter their responses under the
given conditions.
· The customer’s opinion might have been biased and may not represent the whole population of
the city.
Series 1
54
53
53
52
51
50
49
Series 1
48
47
47
46
45
44
male female
Fig 1
Table no. 2 : showing the Frequency of Respondents visiting Big Bazaar stores
Sales
16%
10%
49% once in a week
twice in aweek
once in a month
ocassionaly
25%
Fig. 2
Analysis and Interpretation:
About 16% of the respondents would like to visit the store once in a week; thisday will be mostly
weekend’s .i.e. Saturdays and Sundays. Very fewrespondents would like to visit twice in a week
that are 10%. About 25% of therespondents would find it ideal to visit once in a month, which is
second highestfrequency of visiting the stores. And at last only 49% of the respondents would
like to visit occasionally as most of them do not want to miss the experience ofor due to need
that arise for the products and promotional offer.
Economical 25 25%
competitive 40 40%
Satisfied 100 100%
high 5 5%
5
4.5
4.5 4.3
4
3.5
3.5
3
2.5
2.5
Series 1
2
1.5
0.5
0
economical compitetive satisfied unsatisfied
Fig.3
90%
80%
80%
70%
60%
50%
Series 1
40%
30%
20%
13%
10% 7%
0%
broad average narrow
Fig.4
80%
70%
70%
60%
50%
40% Series 1
30% 25%
20%
10% 5%
0%
unsatisfied satisfied delighted
Fig.5
50%
45%
45%
40%
40%
35%
30%
25%
Series 1
20%
15%
15%
10%
5%
0%
good poor average
Fig.6
Analysis
The above table shows that 45% of the respondents say that the parking facilityis average and
15% of the respondents say its good, and finally 40% of therespondents feel that the parking
facility is poor. The capacity of the parkingfacility is about 100 to 50 vehicles. On the weekends
customers face difficulty offinding parking place .i.e. both two wheeler and four wheeler vehicle
owners.So from the above table it is clear that majority of the respondents perceive the parking
facility provided as average followed by the options good and poor.
Average 40 40%
Good 27 27%
Poor 33 33%
45%
40%
40%
35% 33%
30%
27%
25%
Series 1
20%
15%
10%
5%
0%
good poor average
Fig.7
80%
70% 68%
60%
50%
40%
Series 1
32%
30%
20%
10%
0%
more interacton less interaction
Fig.8
Table No.9 shows the Customer perception towards quality of the products Offered
80%
71%
70%
60%
50%
40%
Series 1
30% 27%
20%
10%
2%
0%
poor average good
fig.9
Sales
70% 66%
60%
50%
40%
30% Sales
20%
10% 9%
10% 8%
5%
2%
0%
it is one stop easy accessibility goog quality of reasonable price all of them good ambience
shop of store products
Fig.10
60%
50% 48%
42%
40%
30%
Series 1
20%
10%
10%
0%
local brand store brand branded
Fig.11
100%
92%
90%
80%
70%
60%
50%
40%
30%
20%
10% 8%
0%
yes no
Fig.12
• During the festive seasons and weekends the store will be too crowded andcustomers do not
find it comfortable to shop. So it is important that there will besmooth flow of the customers
within the store and the customer finds it easy toshop during this period. For this reason the store
can covey the benefits ofvisiting the store during the off season to the customer. The same
strategy canbe used by the store to reduce the problem of parking during the weekends
andfestivals.
• The sales personnel in the store also play a very vital role in influencing thecustomer
perception towards the store. As sales people in the store are the onewho face the customers and
interact with them on the consistent basis theyshould posses a descent knowledge about the
products in which they areinvolved in selling and make sure that they behave in a right way with
thecustomers.
• The store should not focus only on one or two areas to improve the customerperception towards
the store instead, the organization should involve itself inimproving all the customer influencing
areas and try to improve the overallcustomer perception towards the store.
• The tidiness of the store also helps in enhancing the image of the store. The employees should
make sure that the floors of the store are clean and no dustshould be found on the products.
These small things should be taken care of regularly and should not be ignored thinking that
these are small things.
• The ambience within the store also plays a very important role in influencingthe customer
perception towards the store. The ambience, such as the lighting inthe store, the music that is
being played etc. should be taken care of. Goodambience for shopping improves the customer
perception.
• One bad instance in the store can disappoint the customers. So the employeesin the store should
make sure that, no bad instance is faced by the customerswhile shopping. Practicing this
enhances the customer perception towards thestore.
• Last and not the least all the employees should work as a team to provide abetter shopping
experience to the customers. At the end of the day what countsis, what is that the customers have
taken away from the store. So all theemployees should work as a team and provide a good
shopping experience tothe customers so that the customers visit the store frequently.
BIBLIOGRAPHY
· Internet Google And Wikipedia.Com
· Reeder Robart R. Indutrial Marketing Analysis, Planning And Control Englewood Chils, new
Jersay Prentice Hallinc. 1991
Contact no:
Employee Others
Sir/Madam
10. Do you think the facilities provided by the Big Bazaar, are much betterthan the other retail
stores?
Yes No
Yes No
14. Are you satisfied with products which are offered by Big Bazaar?
Yes No
15. Have you faced any problem while shopping at Big Bazaar?
Please write………………………………..............................................