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Pantaloons Imp PDF
Pantaloons Imp PDF
Pantaloons Imp PDF
ON
“Influence of customer loyalty program on customer buying
Behavior at pantaloon in Jamnagar city”
For
“Pantaloon Fashion & Retail Industry”
Submitted to
ATMIYA Institute of Technology & Science
Under
Gujarat Technological University
UNDER THE GUIDANCE OF
Submitted by
Kinal Ghetiya
Enrollment No.:177030592040
M.B.A – SEMESTER III
I had learned lots of things from this report i.e. practical knowledge of how retail store
works and its functioning. I had very nice experience of customer services which
added a lot of knowledge to prepare this project report.
The main objective of the preparing this project report is to translate the theoretical
knowledge into practical life and to know what are the challenges faced by the
organization and haw they tackle with them .
The basic purpose of the project is to get the experience of going to the company and
to analyze the company’s operating procedure, findings problems in its procedure
and try to know how to solve these problem.
ACKNOWLEDGMENT
I would like to thank my supervior, prof.keyur popat sir for his support, guidance and
time given to me over the last few month.
Not only has he gone out of his way in suppporting me but has also been the main
person in making this dissertation what it is today
.
I would also like to thank the hundread of academicians and authrs whose dedication
and work I have used through the course of myy literature review.
I would also like to express gratitude to my parents for their love, prayer, moral and
financial support towards ny education and making me what I am today.
DECLARATION
Place: Jamnagar
(Signature)
The report is majorly classified in to major two parts, parts A and parts B to cover all
the subject further part A is classified into six subject introduction of the industry,
company profile, production industry, marketing department/ personnel/ hr
department and finance department and part B is divided in to seven topic, research
methodology, SWOT analysis , future/strategic plans of company, findings and
observation, suggestion , conclusion ,and bibliography.
Today customer have more choice, are better informed and are more demanding of
value and return and for their spending money. They look not only for the products
and services that meet their needs at the price they are willing to pay but for the
merchant that recognizes appreciates and rewards their patronage. Now a day’s all big
apparel retailer have started the loyalty program with different benefits in order to
satisfy customer needs and wants.
The loyalty program provide gratification to those who require rewards for purchase
and avoid additional costs for those who would buy even without them. Loyalty card
program is developing personalized relationship with them. Relationship marketing
focuses on the customer, in the sense that the firm seeks to create long term business
relations with existing prospects and customer.
Marketing theory and practices has become more and more customer centered and
manager have increased their emphasis on long term client relationship because
loyalty, stronger relationship and therefore longer customer lifetimes likely are
associated with a greater degree of cross buying a more significant level of
transaction and therefore higher profits. This makes customer retention rates and
customer share of category purchased as important metrics in customer relationship
management.
To maximize these metrics, many firms use relationship marketing instruments, and
loyalty programs or frequency reward programs. But these programs along with being
beneficial are also highly costly. Thus it is important to find out whether these loyalty
programs are influencing the buying behavior of customer or not and if they are
influences.
.
TABLE OF CONTENTS
5.0 Findings
5.1 Conclusion
5.2 Limitation of the Study
Annexure
Part 1-Industry Information
1.1-ABOUT THE INDUSTRY
The Indian retail industry has emerged as one of the most dynamic and fast- paced
industries due to the entry of several new players. It accounts for over 10 % of the
country’s gross domestic product (GDP) and around 8 % of the employment. India is the
world’s fifth- largest global destination in the retail space.
Indian retail industry has immense potential as India has the second largest population
with affluent middle class, rapid urbanization and solid growth of internet.
The activities involved in the selling of goods to ultimate consumer for personal or
household consumption are called retailing. It is the interface between the producer and
the individual consumer buying for personal consumption. This dircect interface
between the manufacture and institutional buyers such as the government And other
bulk consumers.
A retailer is one who stocks the producer’s goods and is Involved it of selling it to the
individual consumer at a margin of profit. As such, Retailing is the last link connects the
individual consumer with the manufacturing and distribution chain.
Retail industry can be classified into two broad categories- organized retail and
unorganized retail.
Organization retail- those trade/ retailers who are licensed for trading activities and
registered to pay taxes to the government.
Bottlenecks
The retail has played a major role world over in increasing productivity across a wide
range of consumer goods and services. The impact can be best seen in countries like
USA, UK, Mexico, Thailand and more recently china. Economics of countries like
Singapore Malaysia, Hong Kong, Sari Lanka and Dubai are also heavily assisted by the
retail sector.
Retail is the second largest industry in the United States both in number of
establishments and number of employees. It also one of the largest industry worldwide.
The retail industry employs more than 22 million American and generates more than $3
trillion in retail sale annually. Retailing is a U.S. $7 trillion sector.
Wall-mart is the world’s largest retailer. Already the world’s largest employer with 1
million associate, Wall –Mart displaced oil giant Exxon Mobil as the world’s largest
company when it posted $ 219 billion in sales for fiscal 2001. Wall-Mart has become the
most successful retail brand in the world due to its ability to leverage size, market clout,
and efficiency to create market dominance. Wall-mart heads fortune magazine list of top
500 companies in the world.
Global retail sales have been growing at study pace, driven especially by e-commerce
and retail share on GDP resumed growth after 2013.
Retail is a highly concentrated market in the world, with the top 15 groups concentrating
nearly 10 % of total retail sales worldwide. The geographical concentration is even
higher, with North America and Europe holding around 83% revenues and over 71 % of
stores.
Contrary to the world, retail direct sales in Europe have been growing faster than sellers
and EU member have higher revenue per seller.
The retail market is mature and highly competitive in the developed economies of
Europe and North America. On the other hand, the developing economies of Asia-
pacific, middle East, Latin America have been instrumental in driving the market
growth. Consumer spending, which typically accounts for around two –thirds of the
GDP, has been a key indicator of the health of the retail market.
December 2017- Tesco merged with booker group, to create the one of the UK’s
largest food business. This merged aims to unlock growth in the UK food retail
market for both the companies.
1.3-INDIAN MARKET
Introduction:
The Indian trade manufacturing has emerged as one of the most dynamics and fast –
paced industry due to the entry of several new player.. It account for over 10 % of the
country’s gross domestic product (GDP) and around 8 % of the employment. India is the
world’s fifth – largest global destination in the retail space. Indian retail industry has
immense potential as India. Has the second largest population with affluent middle class,
rapid urbanization and solid growth of internet.
Market Dimension:
India’s retail market is predictable to add to by 60 percent reach US $ 1.1 trillion 2020 ,
on the back of factor like rising incomes and lifestyle changes by middle class and
increased digital connectivity. While the overall retail market is expected to grow at 12
% per annum, modern trade would expand twice as fast at 20 % per annum and
customary trade 10 % Indian retail market is divided in to “organized retail market
contributes 93 % of the total sector and “ unorganized retail market contributes the rest 7
% of the sector. India‘s business to business (B2B) E-commerce market is expected to
reach US $ 700 billion by 2020. Online retail is expected to be at par with the substantial
stores in the next five years and has grown 23 % to $ 17.8 billion in 2017.
Investment circumstances:
The Indian retail trading has received foreign direct investment (FDI) equity inflows
totaling US $ 1.14 billion during April 2000-december 2017, according to the
department of industrial policies and promotion (DIPP).
With the rising need for consumer goods in different sectors including consumer
electronics and home appliances , many companies have invested in the Indian retail
space in the past few months.
With 2017 being a successful year for herbal – ayurvedic brands , new Indian
organic labels in hair care, cosmetics , food and apparel are belting up to carve an
organic niche in the growing herbal segment.
Investments by private equity firms and affluence firms in Indian retail sector
reached US $ 800 million in 2017.
India’s retail sector paying concentration RS. 9.5 billion ( US $ 147.40 million ) ,
investment in FY18, at a growth rate of 35 % year on year from RS. 7 billion (
US $ 104.34 million)in FY17.
Government initiative:
The government of India may change the foreign direct investment (FDI), rules
in food giving out in a bid to allow E-commerce companies and foreign retailers
to sell made in India consumer product
.
Government of India has allowed 100 % foreign direct investment (FDI) in
online retail of goods and services all the way through the automatic direction
there by provided that clearness on the available businesses of e- commerce
companies operating in India.
1.4-THE GROWTH OF THE INDUSTRY
There has seen a drastic shopping revolution in terms of format and consumer
buying behavior. From shopping centers to multi-storied malls to hugs
complexes offering shopping, entertainment and food all under one roof and it is
because of this trend that the retail industry is witnessing a revolution as many
new format markets like hypermarkets, supermarkets, departmental stores have
made their way in the market.
Market has been an increase in purchasing power of the consumer due to easy
availability of credit which has given a push to higher value items and
encouraged repeated purchases. There has been a clear shift in consumer mind
set in buying. They are more educated and well informed.
The expansion of middle class has led to higher purchase of luxury products and
brand consciousness. Significant growth in discretionary income and changing
lifestyle are among the major growth drivers of Indian retail industry.
What is loyalty?
The systematic collection of customer data in return for rewards or benefits, often used
to give customer additional privileges or services to best /loyal customer .
Opportunities of loyalty:
• Understand customers
• Give discount to best customer only
• Adjust real price for certain customer
-Quick and easy method for customer and to check all details relating to point earned,
redeem and expiry directly at capillary.
-Ease of customer services as now all queries can be instantly resolved / answered
through in house call center.
-Exclusive pantaloons green card in new green card point can be earned and redeem in
pantaloons store only and OPT CODE is send for safety purpose on the register .
2.1-ABOUT ORGANIZATION
The Aditya Birla group is a multinational conglomerate named after Aditya Vikram
Birla, headquartered in the Aditya Birla center in Worley Mumbai, India .It cooperates
in 40 countries with more than 1,20,000 employees worldwide. The group was founded
by Seth shiv narayan Birla in 1857. The group interested in sectors such as viscose
staple Fiber metals , cement ( largest in India ), viscose filament yarn , branded apparel
carbon black , fertilizers , insulators , financial services , telecom ( third largest in India)
, BPO and IT services.
The group had a revenue of approimately us $ 45 billion in year 2014. With a gross
revenue of USD 45 billion (in 2014) it is the third- largest indian private sector
conglomerate behind Tata group with revenue of just over US $ 100 billion and RIL
with revenue of US $ 74 billion.
. KEY DATES
1870 – Seth shiv narayan launches a cotton and jute trading busines in the town
of pilani , Rajasthan, .
1947- Birla family sets up the plant in grasim weaving , later adding production
of rayon.
1995- Aditya birla dies and is succeed by son kumar mangalam birla , who later
leads a reorganization and streamling of the group a joint venture , birla AT& T is
formed.
2000- Birla AT& T merges with tata communication; hindalco acquire indal.
2002- Hindalco restructure and spins off gulf fertillizerrs; annapurna foils is
acquire.
2003-Birla acquires nifty copper and mt. gordon copper mines in australia; the
company enters china with the formation of the black joint venture liaoning birla
2005-manufacture of a new aluminium facility begin in orissa , india the st. anne
nackawic pulp mill in canada is acquired.
2006- The company declare plans to builds a new viscose staples fibre plant in
loas.
2007- 2007 Wholly owened subsidiary “ aditya birla insulators ltd.” combined
into aditya birla nuvo w.e.f. 1 april.
2008- As an further director on the board of the company. Aditya birla nuvo ltd.
Has informed that the board of director of the company at its meeting held on
august 04 , 2008 inter , alia , have appointed mr. Arunmaira.
2013- Aditya birla nuvo –pantaloons opens its first store in dehradun . pantaloons
launches its 75th store in amritsar.allen solly opens its flagship store in guwahati.
2014- Pantaloons launch its first store in muzaffarnagar. Pantaloons launches its
first store in meerut. Van heusen launches exclusive “ stellar” compilation for
women at great online shopping fest by google. Peter England launched age group
store in allahabad UP.
2017- Pantaloons lanches its first store in jamnagar .pantaloons lanches its first
store in gandhidham. Pantaloons launches its first store in amereli. lakme
comapany got shifted to other mall.
COMPANY PERSPECTIVE
industry.
Values:-
Pantaloons offer a wide range of exclusive brands that cater to different occasions
for men and women and kids.
Women’s Brand
Men’s Brand
Hand bags
Footwear
Other accessories
THE HISTORY OF PANTALOON
Pantaloons fashion & retail, one of the top clothing brands in the world , is India’s
fastest growing premium lifestyle company. With innovative designs, concepts and
products, the company brings the latest trends in fashion and clothing style to the
apparel market.
The company was incorporated as peter England fashions and retail limited on April 19,
2007 under the act unercin no.U1810MH2007PLC233901 and obtained the certificate of
commencement of business on may 14, 2007. The name of the company was changed
to pantaloons fashion & retail limited on April 23, 2013.
Pantaloons, the newly acquired business by the Aditya Birla group, one of India‘s
leading multinational conglomerates are a power house of fresh fashion and innovation.
While weaving its magic across lifestyle segments. Pantaloon s caters to the discerning
and trendy Indian consumer.
Pantaloons which was previously controlled by the future group has now been taken
over by Aditya Birla nuvo limited (ABNL). ABNL is a part of the prestigious Aditya
Birla group. A billion Indian multinational operating in 36 countries across the globe
with over 1,33000 employees.
mr.kishore biyani
Name of promoter current ceo:-
shital Mehta
2.2-INTRODUCTION OF FUNCTIONAL DEPARTMENT
FINANCE DEPARTMENT
Head Cashier
Cashier:
Then after they have to conduct interview, discuss salary and benefits to
employee.
While conducting interview there is an interview question sheet and aptitude test
which is taken by the HR manager to see the knowledge & eligibility of the
candidates.
Finally select and hire the right & suitable person at the right place.
MARKETING DEPARTMENT
Retail location:
Store location is a decisive factor that affect consumer buying decision Due to crowded
market places , frequent traffic jams , parking problem, Tight work schedule, concept of
fast life ,cost of travelling and many other issues , the retail location has its own unique
place in retail business. Actually, retail location is strategic decision that affects
company’s efforts of offer product more conveniently than competitors. It is irreversible
decision once a store comes in to existence; it is fairly difficult to change the location.
Locations add value to retailer’s offer. Retail store location decision must be taken with
due consideration of several significant variable.
CEO
Area manager
Store manager
Fashion Customer
assistant services
Cashier
2.4-SWOT ANALYSIS
Strength:
Weaknesses:
Opportunities:
The increasing base of the customer preferring brands and their increasing
importance for Increasing the standard of living.
Entry of new brands which are looking for bulk customer hunt in the small
tons.
Increasing market in small towns looking for good brands. Only shopping
juncture offering A number of brands at one place.
Yet more corporate tie ups and event celebration can get together people at
the store.
Threat:
There are already established shops which offer only some brands likes
Westside, jade blue.
Option etc. are also a competing threat full factor which makes a share in
their total brand Market share.
The in affordability of the most of the customer as the discretionary here (in
suarastra) is Lower. Due to changes in customer tastes and preferences.
Due to cut throat competition being spread in each and every area.
The high prices of the garments can lead the customer from pantaloons to
another shopping Mall.
Part – III PRIMARY STUDY
“Marketing researches the process or set of processes that links the consumer, customer
and end users to the marketer thorough information used to identify and define
marketing opportunity and problem, generate, refine, and evaluate marketing action,
monitor marketing as a process. Marketing research specifies the information required to
address these issues, designs the method for collecting information, manages and
implements the data collection process, analyses the results, and communicates the
findings and their implications.
With market study though specialist practitioners may wish to draw a division in that
market study is disturbed purposely with markets, while marketing research is concerned
particularly about.
To run a winning business, it is critical that you know who your customers are what they
need and how to reach them. Market research can help get precise and specific in
sequence about your customer and competitor, which is a serious part of starting or
expanding your business. Consumer demand impact and direct all aspects of your
company’s activities and can decide the success or failure of your business.
The atmosphere that your business operate in can be very active. Sifts in monetary
situation demographic changes, new system and changes in knowledge can all involve
the way you do business.
Market Research Can help you:
Gremler and brown ( 1996 ) defined customer loyalty as the extent to which a
customer shows repeated purchasing from a services provider, possesses dispositions of
positive attitude to the services provider, and visit the same services providers whenever
there is a need or demand for similar services arises.
Oliver (1999) loyalty arises through phases cognitive affective, cognitive and action. In
the cognitive phase customer loyalty is based on the assessment of information including
the price to be determined for the product/ brand, qualities etc. affective phase is created
in the content of positive emotion toward the brand. In the cognitive phase the tendency
toward the brand becomes devotion and there is the tendency to stand distant from other
brands. In the action which is the last phase inertia based on the tendency to that brand
started
Butcher ( 2001 ), Caruana ( 2002 ), Chigoe (2006) indicated that customer satisfaction
has mediating effects between customer loyalty and services quality ( tangible ,
reliability , responsiveness, assurance and empathy ). The result reveals that services
quality has significant positive correlation between customer satisfaction and customer
loyalty which is in accordance with the research’s observation. In any business, if the
quality of services is good, customer tends to be satisfied which ensure customer loyalty.
Preeta H. vyas and piyush k. sinha (2008) concluded that as gaining new customer in
the organization is costly affair and therefore, organization need to offer lots of loyalty
Programmed in continuity to retain existing customer and to maintain relationship with
them.
Fornell (1992) extensive literature suggest that both market share customer satisfaction
leads to profitability but it is not certain that market share and customer satisfaction have
a positive connection. Fornell (1992) states that loyal customer are not necessarily
satisfied customer but satisfied customer, but satisfied customer, but satisfied customer
tend to be loyal customer.
Kumar and shah (2004) the main goal of every company is profitability and one
method to achieve this for a company is to gain and maintain loyal customer. If a
company invests resources to build customer loyalty without focusing on profitability it
may lead to failure in the long run.
In present marketing scenario, the study of consumer behavior has become essential.
Consumer is the kings of market. Without consumer no business organization can run.
All the activities of the business concern end with consumers and consumer satisfaction.
Customer behavior study is based on consumer buying behavior, with the customer
playing the three distinct roles of user, payer and buyer.
Consumer buying behavior has become an integral part of strategic market planning. In
order to develop a framework for the study consumer behavior it is helpful to begin by
considering the evolution of the field of consumer research and the different paradigms
of thought that have influenced the discipline.
The article presents review of the literature in the field of consumer buying behavior. the
first section, describes, the important of various factors including lifestyle and its impact
on the consumer buying behavior. Methodological and analytical overview of the
traditional perspective
3.3-BACKGROUND OF THE STUY
The research is conducted in Jamnagar, one of the cities of Gujarat. The main purpose of
this research is to see the responses of the consumer of the newly opened pantaloons
store in Jamnagar which has just more than 1 year. The research is selected on the basis
of the current changes in the corporate to maintain, sustain and develop themselves in
the changed environment.
This study explores the relationships between two marketing mix elements advertising
and sales promotion and brand equity creation. In particular, the study focuses on
advertising from a quantitative (advertising spending) and qualitative l( general
perception of advertising) perspective. Similarly,
The study investigation the effect of two kinds of sales promotion, i.e. monetary and
non-monetary promotion. Based on a survey of 100consumers of Jamnagar. Finding
show that the content of advertising plays a key role influences brand equity dimensions,
where as advertising spend improves brand awareness but it is not enough to positively
influence brand association. It also finds distinctive effects of monetary and non-
monetary promotion on brand equity. In addition the result show that companies can
optimize the brand equity management process by considering the relationship existing
between the different dimensions of loyalty program.
3.4-PROBLEM STATEMENT
This is the primary stage of the marketing a search process which involves a clear and
precise understanding of the problem. It is crucial and important that the research team
identifies, understand and defines the problem in its full capacity, as it affects all the
further steps involved in the research process. Process begins with the identification of a
marketing problem or opportunity.
It describes the set of situation in a market and in the company that require to be studied
or new marketing strategy to maintain or improve performances.
It is step which states a problem well defined is half solved, in this nature of the
problem determines the type of study to conduct. A research problem must be perfectly
and precisely defined, making the task of designing a good research easy.
The purpose of research is to discover answer the question through the application of
scientific procedures:
Main Objective:
To study the influence of customer loyalty program on the customer behavior purchase
Research Meaning:
Research Definition:
Research may be defined as the systematic and objective analyze and recording of
controlled observation that may lead to the developments or generalization, principle or
theories, resulting in prediction and possibility ultimate controlled of events.
Research may also be defined “ an organized enquiry discussed and carried out to
provide information for solving a problem.
4.1-RESEARCH DESIGN
Descriptive Research:
A research design is the g of condition for collection and analysis of data in manner
that aim to combine relevance to research purpose with procedure. The research design
adopted for this study is descriptive type. The objective of such a study is to answer
“who, what where and how” of subject under investigation. It is used because of it’s
extensive flexibility scope and convenience. A descriptive research study is basically
concerned with narration of particular individual of group with specific prediction.
A research project, when undertaken requires the date or the necessary information. A
researcher has to specify the types of data required and the quantam to undertake the
research.
At the same time researcher has to choose appropriate source from which data to be
gathered. A research project may depend upon two types of data.
There is,
Primary data:-
Secondary data:-
Primary Data-
from the Primary data are those data which are collected directly by the researchers
themselves. But, the process of collecting primary data is more complicated. the primary
data is collected by using primary methods such as questionnaires, interview,
observation, Etc. for this study questionnaires are used to collect primary data customer.
Secondary Data-
Secondary data mainly include past record or reports of any organization. Any article or
report published in newspaper, books etc. the data can be collected at less cost of time &
money.
4.3-DATA COLLECTION METHOD
The data anthology also the respondents reject to assist & do not provide any
information and sometimes provide wrong information. Survey method is the fact that
the person of the interviewer or questionnaire of way of makes big differences in from
interviewers.
Anyway of the field of study or favorite for important data ( quantitative, qualitative ) ,
accurate data collection necessary to maintain the integrity of research. Both the
selection of suitable data collection instruments (existing, modified, or newly developed
) and obviously delineate education for their correct use reduce the probability of errors
happening .
A formal data compilation process be necessary as it ensure that data gather are both
defined and precise and that following decision based disagreements embodied in the
finding are valid.
4.4-POPULATION
In my project report for customer response towards the entire customer from Jamnagar.
It is not feasible to go for a population survey because of this numerous consumer and
their scattered location. But in case of existing customer the sampling process is perfect
and accurate.
In random sampling includes various types of sampling is there research which has
given below:
Simple random
Stratified
Cluster
Systematic
multistage
Quota
Convenience.
Judgment
Snow ball
4.6- SAMPLINF FRAME
Definition of Sampling:
Measuring a small portion of something and then making a general statement about the
whole thing process of selecting a number of units for a study in such a way that the
units represent the larger group from which they are selected.
Today’s marketing research projects are larger, and sometimes indefinite number of
items is involved. Practically, it is not possible to study all the people or items under
study. For less time, less money, and ease, the sample seems more practical. Most
marketing research projects depend on the sample survey rather than the totality survey.
Whether to use a census or a sample depends on a number of factors, such as type of
census, degree of homogeneity / heterogeneity, costs , time, feasibility to study , degree
of accuracy needed , and some other.
The decision on sample size is very crucial one. Reliability of the research project can be
increased with the increased in number of sample to be surveyed. But at the same time
of collecting samples also increase. Moreover, it is worth to point out that sampling error
can be decreased with the increase in number of samples but not Non- sampling error
increase simultaneously and vice versa.
In this project I have surveyed 100 respondents who are in contact with ADITYA
BIRLA PANTALOONS GROUP (Rajkot)
4.7-DATA ANALYSIS & INTERPRETATION
1] Age: ………………
a) 18-30 c) 40-60
b) 30-40 d) Above 60
18-30 55%
30-40 25%
40-60 11%
Above 60 9%
Age
9%
11%
18-30
30-40
40-60
55%
25% above 60
Interpretation:
From have graph we can conclude that there are 55% of customer 18-30 of age.
Respondents 25 % customer of age 30-40. And other 9% respondents are above
60 age.
2] Gender : ……………..
a) Male b) Female
Male 54%
Female 46%
Gender
46% male
female
54%
Interpretation:
From above graph we can conclude that there are 54% male respondents and 46
% female respondents.
3] Occupation : ……………………..
a) House wife c) Businessman
b) Salaried person d) Student
Occupation
1%
24%
Housewife
44%
salaried person
businessman
student
31%
Interpretation:
From above graph, we can conclude that there are 44% respondents who are
housewife’s and are other occupation 31% respondents are doing other
occupation 24 % respondents are doing businessman and 1% respondents are
students.
4] At what intervals do you visit at pantaloons?
visit at pantaloons
15%
25%
1st visit
once in a month
once in 3 to 6 month
only during sale
35%
25%
Interpretation:
From above graph we can conclude that there are 15% people are 1 st visit’s at
pantaloons and other 35 % respondents are people visit at pantaloon once in a month
and 25 % respondents are people in pantaloon once in 3 to 6 month visit at pantaloon
and 25 % respondents are people visit in pantaloons only during of sale.
5] How did you get Awareness about pantaloons?
a) By friends and relative c) Hoardings
b) Newspaper and advertisement d) From any Event
10%
10%
by friend and relative
Newspaper advertisement
15% Hoarding
From any Event
65%
Interpretation:
From above graph, we can conclude that there are 65 % respondents are people by
friend and relative and other respondents are 15% of people newspaper advertisement
and respondents are doing other 10 % hoarding and from any event people are aware.
6] Which of the below feature attracted you to visit pantaloons again?
a) Variety of garments c) Attractive price
b) Customer services d) Good quality
25%
Variety of garments
55% 10% customer services
Attractive price
10%
Good Quality
Interpretation:
From above graph, we can conclude that there are 25% respondents who are doing
variety of garments 10% respondents are doing other customer services and respondents
are doing 10 % attractive price and 55% respondents are doing other good quality.
7] Are you member of pantaloon’s loyalty programmed ?
A) yes b) No
Member of pantaloons
4%
yes
No
96%
Interpretation:
From above graph, we can conclude that there are 96% people are member of pantaloon
in 4% people are not member in pantaloons.
8] If yes then which features do you like the most.
a) Free enrollment
b) Mobile base program ( no need to carry card )
c) No question asks relax exchange policy (90 days )
d) Earn & redeem point
free enrollment
29%
41%
mobile base program
From above graph, we can conclude that there are 29% people select are free enrollment
and respondent who are doing 29% people are select mobile base program respondents
41% select are no question asks relax exchange policy and are doing other 1%
respondents are select Earn & redeem points.
9] Are you getting offer communication for pantaloon?
a) Yes b) No
Yes 96%
No 4%
4%
Yes
No
96%
Interpretation:
From above graph, we can conclude that there are 96% people are select communication
offer for pantaloons and other respondents are doing 4 % people are not select
communication offer for pantaloons.
10] Give your view about current offer and discount ?
a) Ok c) Excellent
b) good d) Not enough
Ok 10%
Good 20%
Excellent 70%
Not enough 0%
10%
20%
Ok
Good
70% Excellent
Not enough
Interpretation:
From above graph, we can conclude that there are 10% respondents are select ok and 20
% respondents are doing people are select good and 70 % people are respondents are
select in excellent and other people are not respondents of not enough.
11] Did the product purchased from pantaloons store satisfy you?
a) Yes b) No
Yes 96%
No 4%
4%
Yes
No
96%
Interpretation:
From above graph, we can conclude that there are 96 % respondents are people are
satisfy product purchased from pantaloons and other 4% respondents are people in no
satisfy product purchased from pantaloons store.
12] Would you recommend product of pantaloons to your friends and relative ?
a) Yes b) No
Yes 96%
No 4%
4%
Yes
No
96%
Interpretation:
From about graph, we can conclude that there are 96% respondents people are
recommend product of pantaloons to your friends and relative and other 4% people are
not select recommend product of pantaloons.
13] According to you what are the best product of this company ?
a) Men’s wear c) ladies western
b) Ladies wear d) Kid’s wear
11%
men's wear
ladies ethnic
ladies western
33% 55%
kid's wear
Interpretation:
From above graph, we can conclude that there are 55% respondents people are men’s
wear select and other people are 33% respondents people are select ladies ethnic and
11% people are selected are best product of ladies western and other 1% are select of
kid’s wear.
14] How was your shopping experience?
a) Bad c) better
b) Good d) Excellent
Bad 15 %
Good 30%
Better 15%
Excellent 40%
Sales
15%
40%
Bad
30% Good
Better
Excellent
15%
Interpretation:
From above graph, we can conclude that there are people are not respondents are bad.
And 41% respondents are doing good. And other 57% people are respondents are better
and other 2% respondents are excellent.
15] What did you think about our price ?
a) Very high c) Low
b) High d) Very low
High 55%
Low 11%
Very low 1%
20%
35%
Interpretation:
From above graph, we can conclude that there are 35% respondents are very high price
and other people are respondents are 35% respondents are high price and 10%
respondents are low price and are doing other people 0 % people are very low price.
16] Are you satisfied with pantaloons?
a) Yes b) No
Yes 97%
No 3%
3%
Yes
No
97%
Interpretation
From above graph, we can conclude that there are 97% respondents are satisfied with
pantaloons and other 3% people are not respondents satisfied with pantaloons.
17] According to you which feature of pantaloons attract customer to shopping
from pantaloons?
a) Brand c) Customer services
b) Schemes d) Quality of product
Brand 23%
Schemes 47%
Customer services 29%
Quality of product 1%
23%
29%
Brand
schemes
Customer services
quality of product
47%
Interpretation:
From above graph, we can conclude that there are 23 % people are respondents at brand
and other 47% people are respondents of schemes and respondents who are doing 29%
of select at customer services and 1% people are selected quality of product.
18] Does the staff of this company helpful?
a) Yes b) No
Yes 95%
No 5%
5%
Yes
No
95%
Interpretation:
From above graph, we can conclude that there are 95 % respondents are staff of this
company helpful and other people is respondents are 5% of people are not respondents.
19] Does pantaloons company have an extensive stock that can cater to the needs
of a customer?
a) yes b) No
Yes 97%
No 3%
3%
Yes
No
97%
Interpretation:
From above graph, we can conclude that there are 97% are respondents of yes and other
people are not respondent’s extensive stock that can cater to the needs of a customer.
20] Which outlet do you prefer rather than pantaloons do you why?
a) Jade blue c) Reliance
b) Westside d) Local market
28% 33%
jade blue
westside
reliance
Local market
38%
Interpretation:
From above graph, we can conclude that there are above 33% respondents choose jade
blue and other people are respondents 38 % select of Westside and other people are
respondents of 28% people select are reliance and other people are select local market.
Testing of Hypothesis
(𝒇𝒐 − 𝒇𝒆)𝟐
𝒙𝟐 =
𝒇𝒆
= 18
𝜶 = 𝟎. 𝟏𝟎
𝒅𝒇 = 𝒏 − 𝟏
=4−1
=3
𝑥 2 Tabulated= 6.2514
𝑥 2 Calculated= 34.56
Most of the are getting awareness about company from their friends and relative.
Giving cost benefit to regular customer will help build a strong loyal customer
base.
Majority of respondents are found complaining about the variety of products,
different sizes not available than other pantaloons stores.
Company should also increase brands in their store.
Pantaloons are very good brand ambience but they should work on improving
services and staff.
5.1-CONCLUSION
The present study tried to understand the factor that affect customer’s decision to accept
or not accept the membership of a loyalty program, through a qualitative study,
comprising of 25 in depth interview. The five main themes that emerged from the study
are purchase attitude concerns, loyalty program characteristics and sales person’
expertise. The finding from this research may help firms to structure loyalty programs
that readily accepted by customers. However, while the factors revealed from the present
study are important they are essentially preliminary in nature. A more extensive
quantitative study would be undertaken in future to validate the findings of the present
study.
It is found out that those consumer who had positive experience with the brand and a
positive brand equity and are loyal consumer of the company. Within every interval
there is a need to monitor the functioning and the factor that are affecting the loyalty
program decide the requirement of loyalty program.
5.2- LIMITATION OF THE STUDY
Certain limitation have been encountered while doing this project due to which the
information collected and conclusion that was arrived on may have some variance.
This project report only basic on Jamnagar pantaloons store customer, it’s main
limitation
Some customer want respondents but lack of time so they are not respondents
.
Limit no. of customer are taken as sample.
Bibliography