Professional Documents
Culture Documents
Submitted To: Submitted By: Ms - Dikshita Khathuria Manoj K Tanwar Assistant Professor 01424588817
Submitted To: Submitted By: Ms - Dikshita Khathuria Manoj K Tanwar Assistant Professor 01424588817
ON
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ACKNOWLEDGEMENT
I am also thankful to all the respondents who spared their valuable time for
helping me out in this project.
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STUDENT’S UNDERTAKING
I hereby certify that this is my original work and it has never been submitted
elsewhere.
Manoj K Tanwar
01424588817
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CERTIFICATE OF COMPLETION
This is to certify that the project work titled “A Study on Consumer perspective
and behaviour towards changing lifestyle with respect to Big Bazaar.” is a
work of Manoj K Tanwar enrolment no. 01424588817 who carried out the project
under the partial fulfilment for the award of the degree of B.com (Hons) of
JAGANNATH INTERNATIONAL MANAGEMENT SCHOOL under my guidance.
This project work is original and not submitted earlier for the award of any
degree/ diploma or associate ship of any other University/ Institution.
Assistant Professor
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CONTENTS
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EXECUTIVE SUMMARY
EXECUTIVE SUMMARY
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Big Bazaar offers a wide range of merchandise including fashion and
apparels, food products, general merchandise, furniture, electronics, books,
fast food and leisure and entertainment sections. The objective of the study is
to study Consumer perspective and behaviour towards changing lifestyle
with respect to Big Bazaar.
Consumer perspective is a way of looking at life through eyes that have been
categorised as 'mad' or distressed enough to require intervention from a mental
health professional.
Key findings are that rise in income of consumers is changing their lifestyle
and their behaviour in purchase decisions.
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CHAPTER – 1
INTRODUCTION:
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What is 'consumer perspective'?
Consumer perspective is a way of looking at life through eyes that have been
categorised as 'mad' or distressed enough to require intervention from a mental
health professional.
It's an idea that developed out of a collective consciousness and political solidarity
that grew from the consumer/survivor movement and provides a way of looking at
the world from the point of view of a group that has been marginalised and
discriminated against.
that 'hard to define' camaraderie that draws people together in an acute unit
and the recognition that any oppression we face is a shared oppression;
an intangible recognition that happens in services which leads us not to 'dob
on' each other;
the allowance we give everyone to define what is happening for them in their
own way;
a healthy questioning of taken for granted definitions of 'professionalism';
knowing and believing in the concept of consumer 'common-sense';
A historically wary way of looking at the world.
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Consumer perspective is not about:
We can offer our consumer perspective - speaking from the lived experience, and
stressing the importance of this lived experience being respected. Our views are
shaped by:
Social Institutions: We use this term to include governments, the family, the
media, legal systems, etc. It is impossible to live in the social world without
being influenced by social institutions. Each of us is affected differently,
depending on our position within these institutions.
Personal History: Our own personal history affects our views too. This
includes our childhood, whether we lived through child abuse or neglect,
sexual abuse, absent parents or anything else that deeply affected our ability
to operate within the institutions of our community. Personal history doesn't
stop with childhood - we make it every day, and every day it continues to
make us.
World View: The modern world is fast changing, fragmented and stressful.
To survive as individuals and as a culture we need a way to understand new
information - sometimes called our "world view". It helps us see the big
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picture, make decisions about what information is important and what can be
discarded; what becomes a priority; what is worth fighting for; whether we are
convinced by medical definitions of what is happening in our lives and
whether we choose to become politicised as consumers or whether we put
our energy somewhere else.
PERCEPTION
"A strong brand position means the brand has a unique, credible, sustainable,
and valued place in the consumer's mind. It revolves around a benefit that helps
your product or service stand apart from the competition.” Scott Davis, Brand
Asset Management.
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Although these concepts seem self-evident on the surface, organizations tend to
ignore these immutable laws in their daily branding activities.
In India, it was always the trusted family goldsmith to whom all jewellery
designing and making was entrusted. Besides, in India, jewellery has always
been an investment first and an ornament second. A label for a jewellery piece
was unheard of decades ago. It was the family run jewellery stores who dictated
the designs or the karigar (designer) who was willing to make a copy from a
photograph in a magazine.
The target audience plays a very important role in the success of the product.
The markets today are overflowing with multiple choices but the consumer takes
his pick according to his financial capacity. The size of the dent in his pocket
makes him prioritize his needs. For example: In spite of there being number of
shampoos in the market, an average middle class family chooses to buy sun silk
because it fits into their monthly budget. However the key word here is necessity
over want.
In comparison, a more well off family would use a better brand because end
result is of more importance to them. So the point to be noted is that the brand
preference depends on the monetary capability of the consumer. Usually a
product and its brand image also signify the social status of its consumer.
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CONSUMER BEHAVIOR:
One thing that we have in common is that we all are consumers. In fact
everybody in this world is a consumer. Every day of our life we are buying and
consuming an incredible variety of goods and services. However, we all have
different tastes, likes, dislikes, and adopt different behavior patterns while
making purchase decisions.
The term consumer behavior refers to the behavior that consumers display in
searching for purchasing using evaluation and disposing in searching for
purchasing using evaluating and disposing of products and services that they
exact will satisfy o how individuals make decisions to send their available
resources (time, money and effort) on consumption related items. It includes
the study of “What they buy”, ”Why they buy”, “When they buy it”, “Where they
buy it”, “how often they buy it” and “how often they use.
The term consumer behavior refers to the behavior that consumer display in
searching for purchasing, using, evaluating and disposing of products and
services that they expect will satisfy these needs. The study of consumer
behavior in the study of how individuals make decisions to spend their available
resources (time, money, effort) on consumption related items. It includes the
study of “what they buy”, “why they buy”, “when they buy”, “where they buy”,
“how often they buy” and “how they use”.
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Consumer
Decisions
Product
Choice
Purchasing
Timing
Purchasing
Amount
MODEL OF CONSUMER BEHAVIOUR
Marketing Other
stimuli
stimuli
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FACTORS INFLUENCING CONSUMER BEHAVIOR
CULTURAL FACTORS:
SOCIAL FACTORS:
References Groups: A persons reference groups consist of all the groups that
have a direct (face to face) are indirect influence on the person’s altitude or
behavior. This group to which the person, belongs and interacts.
PSYCHOLOGICAL FACTORS:
Motivation: A person has many needs at any given time. Some needs are
biogenic. They arise from psychological states of tension such as hunger, tryst
and discomfort.
A person’s self-image will also tend to influence. What he/she will buy? An
upwardly mobile manager may buy a flashy car to project an image of success.
Social factors also influence what the consumers buy-often, consumers seek to
imitate others whom they Admire, and may buy the same brands, the social
environment can include both the mainstream culture (e.g., Americans are
more likely to have corn flakes/ham and eggs for brake past than to have rice,
which is preferred in many Asian countries) and a sub culture (e.g., rap music
often Appeals to a segment within the population that seeks to distinguish itself
from the main stream population).
Thus sneaker manufacturers are eager to have their products worn by admired
athletes. Finally, consumer behaviour is influences by learning – you try a
hamburger and learn that it satisfies your hunger and tastes good, and the next
time you are hungry, you may consider another hamburger.
Special magazines.
The decision maker(s) have the power to determine issues such as:
Whether to buy?
When to buy?
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Changing lifestyle and its Implications
The general human tendency is always to follow the latest prevailing fashion in
all walks of life. Fashions keep changing depending upon the shifting likes and
dislikes of people. So too their lifestyles. What was to fashion a few years ago
is not considered so now, and the current fashion trends yield place to newer
concepts a decade hence.
In India, as elsewhere, the general lifestyle has changed a lot over the years.
There is no more the decades-long secluded and conservative attitude among
women. This is more than evident in their dressing style. In fact, the current
wave is from the unobtrusive to the exhibitionistic, bordering on the narcissistic.
The men folk too have a changed outlook and follow a whimsical life pattern.
The trend got intensified with the complete disintegration of the traditional joint
family system. The resultant tiny, independent family units that remain cut off
from their moorings started behaving in an unorthodox and wayward manner.
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Another noticeable feature of the emerging situation is the keenness with which
people from rural areas and small towns migrate in large numbers to
metropolitan centers seeking better fortunes. There were days when the people
were self-sufficient with enough resources to fall back upon. But, as the family
grew in size, reducing the means of sustenance in the process, they felt
constrained to leave their hearth and home and settle forever in prospering
cities.
Technology growth accelerated the migration process. The ubiquitous
computer, with an easier access to the Internet and advanced software
facilities, has virtually transformed the industrial scenario at the global level,
throwing up enormous job opportunities for the young and talented. It is but
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natural then for the technically qualified Indian youth to prefer overseas
employment. Nay, most of them are indeed crazy about foreign assignments.
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CHAPTER: 2
OBJECTIVES OF RESEARCH
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23
CHAPTER: 3
LITERATURE REVIEW
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behavior’s consequences, a significant elapse of time may be required, as the
events that explain behaviour are temporarily extended, it will take time for the whole
sequence to be completed and with that understand behaviour.
In the purchase stage, there is attitude in the consumers’ mind. Without attitude, an
alternative brand may be purchased. Good attitude towards the product might move
to a purchase decision. Attitude is connected to behavioral intention and buying
forecast. Attitude is what we can feel about a concept that could be a person, a
brand, a category, an ideology or other things we can think about and applying
feeling into. Many writers agree that attitude is an evaluation. Attitudes are
individuals’ broad evaluations of a concept or subjective assessments of an idea.
Attitude can be the most important factor in consumer decision process because
they theoretically conclude that a consumer evaluation of an object.
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CHAPTER 4
RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
Meaning of Research
TYPES OF RESEARCH
1. Exploratory Research,
2. Descriptive Research.
Exploratory Research:
Descriptive Research:
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Diagnostic Research studies determine the frequency with something occurs or
its association with something else.
1) Primary data:
Meaning: Primary sources of data are the data which needs the personal
efforts of collect it and which are not readily available.
Primary source of data are the other type of source through which the data
was collected.
Questionnaires: It is the set of questions on a sheet of paper was being given to fill
it, bases on which the data was interpreted.
2) Secondary data:
Secondary sources are the other important sources through which the data
was collected.
These are the readily available sources of the data where one had need not
put much effort to collected, because it is already been collected and part in
an elderly manner by some researcher, experts and special.
3) Sample size:
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By using judgment random sampling technique 50 respondents are selected for
the purpose of the study.
4) Sample population :
5) Research instrument:
The data for this research study was collected by survey technic using
questionnaire.
6) Collection of Data:
Questionnaire is the method that I have used for collecting the data.
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CHAPTER 5
LIMITATIONS
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CHAPTER 6
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Allover India, Big Bazaar attracts a few thousands customers on any
regular day.
Figure 6.5
Founded – 2001
Industry – retail
Website – http://www.bigbazaar.com
Company Profile
•There are 214 stores across 90 cities and towns in India covering around 16
million sq.ft. Of retail space
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•Big Bazaar offers a wide range of merchandise including fashion and
apparels, food products, general merchandise, furniture, electronics, books,
fast food and leisure and entertainment sections.
Location:
•The store of Big Bazaar, which we have visited, are situated in Shara Mall and
SPAZEDGE Mall.
•Both the malls are established in the heart of the city or where usually
consumers goes for shopping.
•In both Shipra and Aditya Mall, Big Bazaar is present on the First Floor, facing
the entrance, hence, attracting the visitors.
Primary Trade Zone: Usually 2-3 miles radius covers all customers from
Sushant Lok and from the nearby areas like college students of different
colleges etc. SPAZEDGE MALL, covers up by people from Sikanderpur and all
the nearby residential areas of Gurgaon etc. Overall 70-75% of customers are
covered within these areas.
•Secondary Trade Zone: Usually 3-7 miles radius covers all customers of
nearby areas like Sector 47, Sector 55 and other nearby areas. Overall 20% of
customers get covered through these areas. •Tertiary Trade Zone: Usually 15-
20 miles radius covers all customers from areas, which are far apart. Overall
10% of customers are covered through these areas.
Target market:
•It mainly targets all types of consumers to full their every kind of needs.
•They have different section for apparels at “Fashion Big Bazaar” which mainly
focuses on the new, stylish and fashionable clothes for all age group
customers.
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Strategy:
SABSE SASTA DIN: Big Bazaar introduced the concept of "Sabse Sasta Din".
The idea was to simply create a day in a year that truly belonged to Big Bazaar.
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value formats such as Big Bazaar, Food Bazaar, Electronic Bazaar and
Furniture Bazaar
THE GREAT EXCHANGE OFFER: Big Bazaar launched "The Great Exchange
Offer", through with the customers can exchange their old goods in for Big
Bazaar coupons. Later, consumers can redeem these coupons for brand new
goods across the nation.
•The store layout and design is perfect in creating image in the minds of the
customers.
Visual Merchandising
•Different section of apparels having all types of apparels for men, women, kids
etc.
•Warm colors like red and yellow to produce vibrant, emotional and hot active
response
•cool colors white and blue to have a peaceful, gentle and calm effect.
Music Control the pace of store traffic, create an image and attract or direct
consumer attention. Lightning Highlight merchandise and structure space in
efficient way. It captures a light mood of customers.
Fixtures
Store Ambience
Food Bazaar
The ambience of the store is like a convenience store. The whole setup
provides freedom to the people in selecting the products of their choices.
•As per the tagline, “Isse sasta aur achcha kahin nahi”, the merchandises are
also available at very less prices.
•They are placed in a bulk form in different types of fixtures and the
atmosphere of the store is very calm and the colors and music used, displays
the message and logo of big bazaar and also suits the taste of Indian
customers.
•But, sometimes, the ambience sounds bit boring and unpleasant because of
repeated music, unchanged colors and stuffs. This area needs some
improvement.
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Pricing Strategy:
•Psychological Discounting
Working with Big Bazaar gives you an opportunity to be part of a family with a
unique culture and beliefs. Drawing from the vision of modern Indian retail, we have
built a company that our people are proud of and our customers and communities
value. The Big Bazaar group family includes over 35,000 employees from a large
cross-section of social and economic strata. We nurture our employees for the long-
term, ensuring their passion and commitment leads to outstanding professional
growth. Big Bazaar has attained a leadership position in the retail space by
promoting an environment of collaboration and meritocracy - an environment that
makes challenges enjoyable and rewarding every day. We believe that people give
their best when they are satisfied with all aspects of their lives. With an inclusive and
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richly diverse workforce, we offer a vibrant, energetic and achievement-oriented
environment. Our community of the best and brightest professionals works as a
collaborative team that is empowered to act in the best interests of customers.
The consumer’s preferences are changing & they are moving from shops stores to
Modern Retail outlet. It’s the main challenge to the Modern retail outlets to attract the
customers towards them from that of competitors. To attract more customers
companies have to carry out the promotional activities in unique way. BIG BAZAAR
has maintained that uniqueness & has succeeded in attracting customers.
The promotional activity of the company, which famous as Less Price than others as
it says ‘Nobody sells cheaper and better! ‘Is made its place in minds of customer. As
the competition is becoming stiff in the market the activities conducted by the
company are unique, that have brought fruitful result to the company. Among them
sales Promotions is one of the leading activity or unique among all other activities &
has high influence on the customer walk-in.
PRODUCT:
Big Bazaar offers the maximum variety for every category of product. The product is
the same in every store in the city but the brand options are more in Big Bazaar and
the quantity for each product is not limited to large packs only. The commodities sold
by the retail chain includes its “own products” which get a ready distribution network.
The own products of Big Bazaar include My World fashion magazine which is not
available anywhere else. So costs are very low for such products.
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PRICE:
Price is the critical point in a competitive industry. Big Bazaar works on a low cost
model. It considers its discounted price as its USP. There is an average discount of
6-8% on all items in respect to their MRP. Prices of products are low because it is
able to secure stock directly from the manufacturer. There are huge synergies in
terms of bulk purchasing, transportation and central warehousing. These all factors
are very helpful for the retailers to keep low prices.
PLACE:
Place means the location of the business. Big Bazaar has always worked on cheap
locations. It targets semi-urban population with its placement. Its strategy is to find a
low-cost location and it never goes for hot spots in the city. It relied on promotional
activities to make up for unattractive locations. Another strategy used by Big Bazaar
to overcome location disadvantage is use of internet. It has launched a merchandise
retailing website www.futurebazaar.com which targets high-end customers ready to
use credit cards. The promotion of this website is done through advertisement on
Google. The website is put as sponsored link.
PROMOTION:
Big Bazaar has huge promotion budgets. The biggest idea behind all advertisements
is to make people do bulk shopping. There are 2 types of promotional strategies of
big bazaar. One is the advertisement which promotes the brand and creates
awareness towards people. It is not targeted at promoting each store but only
creates an image of Big Bazaar as low-cost shopping option. The store has
advertised through TV, road shows and also started reality show-typed promotional
campaign “The Big Bazaar Challenge.” Promotions like “Sabse Sasta Din”(Cheapest
Day) are a very successful strategy to get good results. In this products across
categories such as furniture, electronics, utensils, apparels and food products at the
lowest possible prices, coupled with attractive promotional schemes. Some of the
most attractive offers being a 20-litre branded microwave oven with grill for Rs
2,399, jeans and trousers for Rs 199 and HCL laptops for Rs 22,800.
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CURRENT POSITIONING STRATEGY OF BIG BAZAAR:
Big Bazaar is holding a strong position in the market and is growing very fast. It
captures the maximum Indian market and with a strong financial background and it
has to go a long way through.
The low price strategy it is successfully running its business all over India and is still
growing bigger and bigger. The following graph shows the Product Life Cycle of Big
Bazaar which is currently at the growth stage.
“Cheap prices are a luxury for the rich but a necessity or a need for
the poor.”
So Big bazaar has understood the need of a vast population of the upper middle
class and middle class people of the country and in fact no matter how rich a person
is wherever he/she can get good brands at a cheaper rates they will be attracted
towards it whether an average or a rich person.
RETENTION STRATEGY:
Big Bazaar strive to foster a feeling of well-being in their employees through care
and respect, Big Bazaar have several structured processes including employee
mentoring and grievance management programmers which are intended to facilitate
a friendly and cohesive organization culture. Off -site activities are encouraged to
improve interpersonal relationship. Big Bazaar also acknowledge the efforts exerted
by their employees by organization an annual celebration called ‘Pantaloon Day’
where Big Bazaar recognize employees who have shown exceptional talent,
sincerity and dedication. Big Bazaar have implemented an employee suggestion
programme called ‘Prerna’ wherein the employee can give their suggestions. Every
quarter the best suggestion received per zone per format is awarded prize called
‘Golden Cap’.
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ADVERTISING: THE ESSENTIAL OF BRAND BUILDING
PROCESS-
Advertising is an essential component of brand building. The advertisement and
brand building is done through various ways, the techniques used are:
Tag-line: Big Bazaar tag-lines are the key components of advertising. These tag-
lines are modified according to demographic profile of customers. These catch-
phrases appeared on hoardings and newspapers in every city where Big Bazaar
was launched.
Print Ads: Big Bazaar newspaper advertisements are present just before launch of
any new scheme.
TV Ads: Kishore Biyani spends a lot of money in brand building exercise. Big Bazaar
commercials are shown on various channels in India. Presently, Fashion at Big
Bazaar commercial is aired.
Radio Ads: This technique is used in cities like Sangli (Tier 1 / Tier 2 cities).Now-a-
days, it is replaced by advertisements on FM channels. This informs customers
about all new happenings at Big Bazaar.
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For example:
The departmental store chain Big Bazaar has launched a commercial sometime
back to promote ‘The Great Exchange Offer’. The commercial portrays how
customers can exchange any old and broken items (junk) and get new products at a
discounted price from Big Bazaar.
Customer can get the amazing prices for junk. The month of January and February
is generally a low-key affair in terms of customer footfalls and revenue generation.
Innovative, out of the box promotions is one of the effective ways to draw customer
attention and shore up the revenue. Historically Exchange schemes have been used
to induce better sales; it also has a strong appeal with the Indian mindset of getting
value even for their junk, states an official release from Big Bazaar.
Opportunities:
Big Bazaar can enter into production of various products due to its in depth
understanding of customers’ tastes and preferences.
Nowadays people prefer going to one big store and buy everything instead of visiting
different places for different items and waste time. So Big Bazaar can expand the
business in smaller cities as there is a lot of opportunity.
Threats:
High business risk involved: Big Bazaar investment is very large so it is obvious that
there is high business risk involved.
Lot of competitors: There are a lot of countries which are planning to enter the Indian
market like Wal-Mart, Carrefour and Tesco which is a big threat to Big Bazaar.
Less Parking Space: Customers are not satisfied with the parking space availability
provided by Big Bazaar. Hence it’s a threat of Big Bazaar as it may lose its
customers because of less parking space availability. In holidays it will be very
difficult for customers to park their vehicle in Big Bazaar.
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Unorganized retailing: Unorganized retail stores are a threat to the business of big
bazaar as now also people prefer to go to the local stores which are convenient
enough for them.
1) RELIANCE FRESH
Reliance Fresh is the convenience store format which forms part of the retail
business of of Reliance Industries of India which is headed by Mukesh Ambani.
Reliance plans to invest in excess of Rs 25000 crores in the next 4 years in their
retail division. The company already has in excess of 560 reliance fresh outlets
across the country. These stores sell fresh fruits and vegetables, staples, groceries,
fresh juice bars and dairy products.
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A typical Reliance Fresh store is approximately 3000-4000 square. Feet and caters
to a catchment area of 1-2 km.
2) Easy day
3) DMart
Vishal Mega Mart Private Limited operates as an online apparel store. The Company
offers tops, shirts, skirts, jeans, dresses, palazzo, and other related products for men
and women. Vishal Mega Mart serves customers in India.
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AWARDS AND ACHIEVEMENTS
2012
2011
2010
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Most Admired Retail Group of the Year - Future Group
Most Admired Retailer in Food Category - Food Bazaar
Most Admired Retailer in Hypermarket Category - Big Bazaar
2009
2008
2007
2006
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CHAPTER 7
52
Q1. How many times do you shop from Big Bazaar?
Once a month 05 10
Twice a month 20 40
Thrice a month 15 30
No. of Customers
25
20
20
15
15
10
10
5
5
0
Once a month Twice a month Thrice a month More than thrice a month
No. of Customers
INTERPRETATION:
From the above study 40% of respondents shops twice a month, 30% of
respondents twice a month and 10% of respondents shops once a month from
Big bazaar.
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Particulars No. of Customers Percentage (%)
No. of Customers
15
20
10
5
Food and grocery Apparels Home and personal care All products
INTERPRETATION:
From the above study, 40% of respondents purchase food and grocery, 30% of
respondents purchase all products from Big bazaar and 20% of respondents
purchase home and personal care.
No. of respondents
45
40
35
30
25
20
15
10
0
Yes No Prefer not to say
No. of respondents
INTERPRETATION:
From the above table we can conclude that the major numbers of respondents
thinks that online stores has made a change in the lifestyle of consumers in
India and 10% thinks it hasn’t made any change in their lifestyle.
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No. of respondents
5
10
35
INTERPRETATION:
From the above study 70% of respondents thinks that rise in income leads to
exploitation of small grocery stores and 20% thinks it hasn’t made any
exploitation to them.
Q5. Who are the major competitors of Big bazaar near you?
56
No. of respondents
35
30
30
25
20
15
10
10
5 5
5
0
Reliance fresh Easy day DMart Vishal Mega Mart
No. of respondents
INTERPRETATION:
From the above study 60% of respondents says Reliance fresh is a major
competitor of Big bazaar, 20% of respondents thinks Easy day and 10% of
respondents thinks Dmart.
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No. of respondents
5
10 30
INTERPRETATION:
From the survey it is observed the 40% of respondents prefer brand, 30% of
respondents prefer quality and 30% prefer both brand and quality.
Yes 35 70
No 10 20
58
Total 50 100
No. of Respondents
40
35
35
30
25
20
15
10
10
5
5
0
Yes No Prefer not to say
No. of Respondents
INTERPRETATION
From the study it is observed that 70% of respondents thinks that change in
income lead to change in buying behaviour of consumers and 20% thinks it has
not made any change.
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No. of Respondents
5
15
30
INTERPRETATION:
From the above study 60% of respondents prefer Wednesday bazaar offer,
30% of respondents’ prefer monthly bachat bazaar and 10% of respondents
prefer weekend offers.
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No. of respondents
15
25
10
INTERPRETATION:
From the above study 50% of respondents thinks due to low pricing Big bazaar
is unique from its competitors, while 30% of respondents thinks due to variety
of products and 20% of respondents thinks due to large chain of stores it
makes it unique.
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No. of respondents
25
20 20
20
15
10
5 5
5
0
Highly satisfactory Satisfactory Neither satisfactory nor Dissatisfactory
dissatisfactory
No. of respondents
INTERPRETATION:
From the data specified, 40% of customers are highly satisfied with Big bazaar
and 40% are satisfied and 10% are of dissatisfaction.
CHAPTER 8
As per the findings, all are having the awareness of Big Bazaar. We can say
that Big Bazaar have good place in the minds of the customers.
As per findings, 40% of respondents’ shops twice a month, 30% of
respondents twice a month and 10% of respondents shops once a month
from Big bazaar.
From the study, 40% of respondents purchase food and grocery, 30% of
respondents purchase all products from Big bazaar and 20% of respondents
purchase home and personal care.
As per findings, 70% of respondents thinks that rise in income leads to
exploitation of small grocery stores and 20% thinks it hasn’t made any
exploitation to them.
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As per findings, 60% of respondents says Reliance fresh is a major
competitor of Big bazaar, 20% of respondents thinks Easy day and 10% of
respondents thinks Dmart.
From the survey it is observed the 40% of respondents prefer brand, 30% of
respondents prefer quality and 30% prefer both brand and quality.
As per findings, it is observed that 70% of respondents thinks that change in
income lead to change in buying behaviour of consumers and 20% thinks it
has not made any change.
From the study 60% of respondents prefer Wednesday bazaar offer, 30% of
respondents’ prefer monthly bachat bazaar and 10% of respondents prefer
weekend offers.
Majority of respondents thinks due to low pricing Big bazaar is unique from
its competitors, while 30% of respondents thinks due to variety of products
and 20% of respondents thinks due to large chain of stores it makes it unique.
From the data specified, 40% of customers are highly satisfied with Big
bazaar and 40% are satisfied and 10% are of dissatisfaction.
CHAPTER 9
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RECOMMENDATIONS
These suggestions have been made within the preview of the data
available.
1) Big bazaar must perform right service at the right time.
2) Employees of the company should be able to handle customer complaints
directly and immediately
3) Customers must be given individual attention.
4) Products of the company offered should be for all income groups.
5) If company is charging price of a specific product or good then it should
provide the same quality according to the price charged.
CONCLUSION
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India. According to this study it is found that consumer buying behaviour
towards retail market is probing the market.
In future the business if big grocery stores and big retail stores will continue
to rise!
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APPENDICES
QUESTIONNAIRE
Name: Location:
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Age: Occupation:
Once a month
Twice a month
Thrice a month
More than thrice a month
Q3. Do you think online stores has made a change in the lifestyles of
consumers?
Yes
No
Prefer not to say
Yes
No
Prefer not to say
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Q5. Who are the major competitors of Big bazaar near you?
Reliance fresh
Easy day
DMart
Vishal Mega Mart
Brand
Quality
Both
Yes
No
Prefer not to say
Wednesday bazaar
Monthly bachat bazaar
Weekend offer
Q9. Which factors do you think, which makes Big Bazaar unique
from its competitors?
Variety of product
Large chain of stores
Low prices
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10. How you rate Big bazaar on the basis of following
parameters?
Highly satisfactory
Satisfactory
Neither satisfactory nor dissatisfactory
Dissatisfactory
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BIBLIOGRAPHY
BIBLIOGRAPHY
T Sai Vijay & Prasanth Vidya Sagar Thalluri (2010), Indian Consumer
Market, Advertising Expert.
WEBSITES
www.consumerbehavior.com
www.bigbazaar.com
www.panthalone.com
www.futuregroup.com
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