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Shivangi Srivastava: Company
Shivangi Srivastava: Company
BY:
SHIVANGI SRIVASTAVA
B.F.TECH
SEMESTER VIII
OBJECTIVE OF THE PROJECT
Ascertain the competitor’s positioning and value proposition in the market and
in consumer perception
To find out the human resource allocation plan with a view to understand
remuneration and incentives
LIMITATIONS OF THE PROJECT
Time constraint- The operational period of the project did not match with the
promotional schemes and offers of the stores under study.
The issues considered confidential by the store authorities were not revealed
because of which we could not gain access to several data and information
which we considered vital for the betterment of the project.
The Project does not delve into financial aspects of retailing such as ROI,
Inventory turns, Return per Square feet . It focuses clearly on marketing and
merchandising elements only.
COMPETITOR ARRAY
Methodology
Merchandise Mix: comprising of 30% private labels and 70% National and
International Brands.
SEC A and B.
STEP 2: DETERMINING THE COMPETITORS
STEP 3: DETERMINING THE KEY SUCCESS
FACTORS
The Competitor Analysis is being done with respect to the following key
parameters or 5 P’s:
I. POSITIONING
II. PRODUCT
III. PRICE
IV. PROMOTION
V. PEOPLE
I. POSITIONING
SHOPPERS STOP LIFESTYLE WESTSIDE
How they The Raheja’s had a Lifestyle is part of the Lakme took over
Started? property which they Landmark Group, a Littlewoods of UK store
wanted to make Dubai-based retail (opened in Bangalore),
commercially viable. chain which made its which is now known as
way in India through Westside owned by Trent
fashion retailing .
What they • Started its Loyalty • Started its loyalty • Started its loyalty
did? Program in 1994: First Program in Jan 2001: The program in May, 2001:
Citizen Card Inner Circle Clubwest
• First Citizen member • The Inner Circle has a • Clubwest has a
base is Customer base of Customer base of
11,00,000(approx). 750,000(approx). 50,000(approx) in
• Contribution to sales- • Contribution to sales- Hyderabad
66% 40% • Contribution to sales-
60%
Mr. Ajay Kelkar, Customer Care Associate and Senior Marketing Manager,
Shoppers' Stop, “In our present campaign, we have shifted our positioning
from focusing on retail space to the mind space of our consumers.“
COMPARISON OF VARIOUS PARAMETERS
FACADE
COMPARISON OF VARIOUS PARAMETERS
SHOPPERS’ STOP LIFESTYLE WESTSIDE
Trial Room More in no. More than that of Westside Least in no, only 4 on
Mirrors on 2 sides; Size of but lesser that of Shopper’s each floor
mirrors smaller Stop Biggest in size but
Mirrors not aligned from Mirrors on three sides mirror on one side only
edge to edge due to which aligned from edge to edge
the size seems smaller which makes it look spacious
although it is bigger than
that of lifestyle
Lights on ceilings
AC Vent outside the trial room & hooks AC Vent inside the trial room Centralised AC
of the trial room
Stool placed in the trial rooms Door of the trial room with hooks Door of the trial room with hooks
COMPARISON OF VARIOUS PARAMETERS
Staircase
SHOPPERS’ STOP LIFESTYLE WESTSIDE
Sofas and
chairs present
at every level
No Seating Arrangement for
Chairs present near cash
customers
near the cash counters as well
counters as between
sections
One-way
Capsule Lift Escalator
One-way
escalator and
staircase
SHOPPERS’ LIFESTYLE WESTSIDE
STOP
Aisle Space -Maximum aisle space -Sufficient aisle space for - Cluttered arrangement
for convenient convenient movement of merchandise and
movement of both of both customers and less aisle space
customers and CSA CSA (during stock - Arrangement of
(during stock replenishment) merchandise in a
replenishment) circular format to give an
attractive display
Centre Aisle
SHOPPERS’ STOP LIFESTYLE WESTSIDE
Flooring
SHOPPERS STOP LIFESTYLE WESTSIDE
S - Sale signages in green - Less use of signages - Proper and effective use
i color (less prominent) of signages denoting
g - Other signages in black - Only signages denoting different sizes, segment etc
n and white sections present - Special offers like BEST BUY
a - Signages depicting highlighted
g styles and size not - For kidswear distinction made
e properly arranged clearly by mention of the
relevant age groups
COMPARISON OF POSITIONING ELEMENTS
12
10
8
SCORE
4 SHOPPERS'STOP SCORE
LIFESTYLE SCORE
WESTSIDE SCORE
2 MAXIMUM POINT
PARAMETERS
EXCEL SHEET
OVERALL COMPARISON OF POSITIONING STRATEGY
74.5
74.05
74
73.45
73.5
73
TOTAL SCORE
72.5
SHOPPERS' STOP
LIFESTYLE
72
WESTSIDE
71.45
71.5
71
70.5
70
SHOPPERS' STOP LIFESTYLE WESTSIDE
EXCEL SHEET
II. PRODUCT
GENERAL OBSERVATIONS
It is noted that in most of the categories the no. of style options available in
Lifestyle is 20-25% lesser than that of Shoppers’ Stop; except Footwear
Category- Lifestyle Shoe Mart collection far exceeds that of Shoppers’
Stop.
4-5 colors (approximately) are available for most of the styles like for T-
shirts, Tops, kurtis, etc.
ASSORTMENT PLAN
MEN’S WEAR OBSERVATIONS
Private label in Shoppers’ Stop and Lifestyle does not exist for categories like
Value Pack of 3 T-Shirts in a set in Different colors was being promoted in both
Shoppers’ Stop and Lifestyle whereas it was not present in Westside.
ASSORTMENT PLAN
MEN’S WEAR OBSERVATIONS
More of singles counts are used for sport/casual wear shirts across all the brands
After cotton/ cotton mix (60%) Polynosic (21%) trousers were predominantly present
in Shoppers’ Stop and Lifestyle.
Category SKD in Lifestyle and Westside had almost similar style options.
ASSORTMENT PLAN
WOMEN’S WEAR OBSERVATIONS
Style options available in Lifestyle and Shoppers’ Stop are almost Same in
categories:
1. Formal Shirts
2. T-Shirts and Tops
3. Denim Skirts
4. Cargoes
5. Shorts
6. Denims
7. Belts
8. Slips and Spaghettis
Style options available in Lifestyle is more than that of Shoppers’ stop for
Categories:
1. Scarfs
2. Kurta
ASSORTMENT PLAN
KID’S WEAR OBSERVATIONS
ASSORTMENT PLAN
FOOTWEAR’S WEAR OBSERVATIONS
Lifestyle has got a very strong merchandise mix as compared to its competitors.
Lifestyle has got more than double collection of Women’s slippers than that of
Shoppers’ Stop.
Lifestyle has got more than the four times the collection of Women’s casual shoes
than that of Shoppers’ Stop.
Westside has very limited style options especially for Men’s Category.
ASSORTMENT PLAN
III. PRICE
GENERAL OBSERVATIONS
ASSORTMENT PLAN
MEN’S WEAR OBSERVATIONS
Maximum options were present in the price-point 1199 for both Shoppers
Stop and Lifestyle in Formal Shirts while in Westside it was in price-point
699.
Highest price-point for Suits and Jackets was present at Shoppers Stop at
16499.
ASSORTMENT PLAN
WOMEN’S WEAR OBSERVATIONS
No distinct price-points for private label and National Brands in Shoppers Stop
as well as Lifestyle for
1.Formal shirts
2.Jackets
3.Ethnic Wear
4.Scarf
It was observed that there was a vast difference in price-points of private labels
and that of National Brands in Shoppers Stop and Lifestyle for
1.Suits and Coats
ASSORTMENT PLAN
WOMEN’S WEAR OBSERVATIONS
Kurtas with Yolks (priced at 549) were present in Lifestyle and not in
Shoppers Stop and Westside.
Kurtas with belt (priced at 399) were present in Westside and not in Shoppers
Stop and Lifestyle
Kurtas with pin tucks (priced at 599) were present in Westside and not in
Shoppers Stop and Lifestyle.
Empires waistlines (priced at 499) were present in Shoppers Stop and not in
Lifestyle and Westside
ASSORTMENT PLAN
KID’S WEAR OBSERVATIONS
ASSORTMENT PLAN
FOOTWEAR’S WEAR OBSERVATIONS
Lifestyle has got maximum option available at price point 799 for Women’s
Slippers.
Lifestyle has got maximum option available at price point 1399 for Women’s
Casual Shoes.
Gaps exist in Price point of Kid’s Footwear in Lifestyle – like Girl’s shoes
are available for 1500 and 1000 and there is no price point between them
ASSORTMENT PLAN
IV. PROMOTION
IV. PROMOTION: SHOPPERS STOP
WINDOW DISPLAY
WELL-KNOWN BRANDS BEING PROMOTED THROUGH WINDOW DISPLAY
WINDOW DISPLAY
THEME- THINK GREEN THEME- REFRESH…
END OF SEASON SALE depicted on a bright red background along with the sale period
duration as well as maintaining its position of being a fashionable store..
WINDOW DISPLAY PROMOTION reflecting the youth spirit and
their vibrant lifestyle
Premium Brands Being Promoted Through WINDOW DISPLAY
Brand Name Promotion Of Store On WINDOW DISPLAY
THEME BASED PROMOTION ON WINDOW DISPLAY
IV. PROMOTION: WESTSIDE
IN-STORE PROMOTIONS
25
20
SCORE
15 SHOPPERS' STOP
LIFESTYLE
10 WESTSIDE
MAXIMUM POINTS
5
OVERALL COMPARISON OF PROMOTION
STRATEGY
0 100
84.5
Festive Promotions End of Season Theme Based Brand Media
Endorsement 80
60.75 62.5
60
SCORE
PARAMETERS SHOPPERS' STOP
40 LIFESTYLE
20 WESTSIDE
0
RETAIL STORES
EXCEL SHEET
V. PEOPLE
SHOPPERS’ STOP LIFESTYLE WESTSIDE
CSA intensity Per 2 brand 3 CSAs Per brand 1 CSA Per segment 3-4 CSAs
Strong Knowledge base Strong Knowledge base Basic Knowledge of
Proper training for 3 months Proper training for 6 months the particular segment
at the time of joining at the time of joining Proper training for 6
Good PR and communication Good PR and communication months at the time of
skills skills joining
CSA Capability Well groomed and Recruitment as per their Good PR and
emphasize on customer qualification and experience communication skills
satisfaction Qualification-Graduates as
No direct recruitment for seniors CSAs and 10+2 as
senior CSAs. Juniors are junior CSAs
promoted as seniors based
on their performance
Remuneration 12th pass- 4000(gross) Senior CSA- 6000-8000 (gross) Gross salary- 6200/-
Structure and Graduates-6000-8000 (gross) Junior CSA- 4000-8000 (gross) In Hand- 5664/-
Incentive Incentives on the basis of sale. Incentives on the basis of sale. Incentives on the basis of
Schemes sale.
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
70
60
NO. OF RESPONDENTS
50
40
PARAMETERS
EXCEL SHEET
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
LIFESTYLE SURVEY
100
90
80
70
NO. OF RESPONDENTS
60
20
10
0
Has my Convenient Easy Easy exchange Is a Has the latest Employees give Gives a great
favourite store layout Availability of and returns Sophisticated in terms of prompt service shopping
brands Size outlet fashion experience
PARAMETERS
EXCEL SHEET
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
WESTSIDE SURVEY
70
60
50
NO. OF RESPONDENTS
40
10
0
Has my Convenient Easy Easy exchange Is a Has the latest Employees give Gives a great
favourite store layout Availability of and returns Sophisticated in terms of prompt service shopping
brands Size outlet fashion experience
PARAMETERS
EXCEL SHEET
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE ANALYSIS
CUSTOMER PERCEPTION OF THE STORES
(Positioning related)
250
EXCEL SHEET
200
150
SCORE
100
SHOPPERS' STOP
LIFESTYLE
50
WESTSIDE
OVERALL SCORE
595 649
700
0 484
TOTAL SCORE
600
500
400
300
200
100
0
TOTAL SCORE
TIME
TIME SPENT
SPENT ONON SHOPPING
SHOPPING LOYALTY PROGRAM AWARENESS
150
135
12%
5% 120
12%
20% 0 to 0.5 hrs 105
5%
15% 0 0.5
to 0.5
20% to 1hrs
hrs 90
SIZE SET
15%
0.5 to 21 hrs
1 to hrs
75
1 2toto2 3hrs
hrs 60
48% 2 More
to 3 hrs
than 3 hrs 45
48%
More than 3 hrs 30
PEOPLE AWARE
15
0
LOYALTY CARD
EXCEL SHEET
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
Purchase Determining Factor (Merchandise related)
300
250
200
Points
150
100
50
0
Color Fabric Price Quality Style Brand
Attributes
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
(Merchandise related)
MERCHANDISE COLLECTION ANALYSIS
140
126 124
120
113
100 101
100 97
86
80 77
74
POINTS
Shoppers' Stop
60 Lifestyle
Westside
40
20
0
MEN'S WOMEN'S KID'S
DEPARTMENTS
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
(Merchandise related)
PURCHASE FREQUENCY-CATEGORY WISE
40 38
35
30 28 28
27
26
No. of Respondents
25 23 23
20 19 19
17 Monthly
16 16
15 14 Once in 3 months
13 13
Once in 6 months
10
10 9
8 8 Once in a yr
7
6
5
5 4 4
3 3 3 3
2 2 2
1
Category
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
(Merchandise related)
PREFERENCE OF PURCHASE
180
170
160
140 133
124
120 111
106
100 91
Points
83 82
80
60
40
20
0
FORMALS SEMI-FORMALS CASUALS ETHNIC PARTYWEAR SPORTSWEAR FOOTWEAR ACCESSORIES
CATEGORY
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
(Merchandise related)
FABRIC PREFERENCE FOR GARMENTS
50
45 43
40 38
35
32
No. of Respondents
30
COTTON
25 POLYESTER
22
COTTON - POLY
20
POLY VISCOSE
DENIM
15 13
12
11
10
7 7
5 4 4
3 3
1
0 0 0 0 0 0
0
SHIRTS/ TOPS BOTTOMS SUITS/ JACKET SALWAR SUITS
Garment
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
SIZE PREFERENCE FOR TOPS/SHIRTS/T-SHIRTS/BLAZERS (Merchandise related)
20
18
18
16
14
12
No. Of Respondents
12
10
TOPS/SHIRTS/T-SHIRTS/BLAZERS
8
7
6
6
5
2
2
0
XS S M L XL XXL
Sizes
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
(Merchandise related)
SIZE PREFERENCE FOR BOTTOMS
16
15
14
12
12
10
No. Of Respondents
8
8
7
BOTTOMS
6
5
4
3
0
Size 28 Size 30 Size 32 Size 34 Size 36 >36
Sizes
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS
SIZE PREFERENCE FOR SALWAR SUITS/KURTA PAYJAMA (Merchandise related)
20
19
18
16
14
12
No. of Respondents
12
10
6
5
4
4
2
2
0
S M L XL XXL free size
Sizes
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
QUESTIONNAIRE
ANALYSIS (Merchandise
SPENDINGS PER GARMENT & Price related)
35
32
30 29
28 28
27
25 24
21
No.of Respondents
20 TOP/T-SHIRT
BOTTOMS(PANT/SKIRT)
FORMAL/ SEMI FORMAL SHIRTS
15
13 SUITS
12 12 12 DENIM
11 11
10 ETHNIC
10 9
7 7
5
3
2 2
0 0 0 0 0 0 0 0 0 0
0
200-500 500-1000 1000-1500 1500-2500 >2500
Price Range
LINK
STEP 4: DETERMINING CUSTOMER
PREFERENCES & EXPECTATIONS
RATIO OF MALE/FEMALE OCCUPATION OF RESPONDENTS
100 88
90
80
70
60
50
42% 40 28 30
MALE 30
FEMALE 20
10 4 No. of Respondents
58%
0
CUSTOMER WESTSIDE
SERVICE
VALUE FOR MONEY
STYLE OPTIONS
NO. OF NATIONAL
BRANDS
Y
SIGNAGES
R
PARKING
O
FACILITY
T
C
AMBIENCE
A
F
SALES PROMOTION
S
LOYALTY PROGRAMS
I
T
A
ADVERTISEMENT
S
EXCHANGE PROVISION
BILLING FACILITY
AISLE SPACE
LOYALTY
PROGRAMS
VM
PROMOTION
ADVERTISEMENT
SALES
FACILITY
VALUE FOR
SHOPPING
MONEY
STYLE
OPTIONS
EXPERIENCE
PARKING
PROVISION
FACILITY
EXCHANGE
BILLING
CUSTOMER
NATIONAL
NO. OF
BRANDS
SIGNAGES
SERVICE
AMBIENCE
AISLE
SPACE
U N S A T I S F A C T O R Y
RECOMMENDATIONS- FOR POSITIONING
The new retail store should be positioned in between Lifestyle and Shoppers Stop with emphasis on
quality and fashion and latest trends that provides value for money to the customer giving them a
wonderful shopping experience.
The tagline of the store should be clear and simple so that the customer can easily relate it to the
fashion retail store
Advertisement via television should be used apart from other means like hoarding, newspaper,
pamphlets to create awareness and publicity
Brand endorsement should be done by using celebrities to arouse the interest of the target customer
and to position it on the fashion plank
The outlet should emphasize on brand building as people buy product not as a brand but as a store
product
RECOMMENDATIONS- FOR POSITIONING
Visual Merchandising –
Mannequins should be located properly and used wisely to provide for an effective visual
merchandising. There should be no visible price tags on them.
Same color story should be used both for nesting table as well as for wall display
The nesting table should carry latest in fashion and merchandise should be styled and not
stacked on it
There should be a minimum of 6 feet aisle space between different segments to facilitate movement
There should be atleast 5 trial rooms in each segment which should be spacious having mirrors on 3
sides, hooks provided on the door, sufficient lighting and stool.
Prominent signages should be placed in each of the sections indicating the sizes, styles, section name,
etc to avoid any sort of ambiguity
It should also provide for services like alterations and exchange provisions to strengthen customer
services
Adequate lighting facility at window display should be there to enhance its affect.
Private labels should be advertised to create awareness among the target customers
The store should provide for a good ambience by use of appropriate lighting fixtures, walls and ceiling
design, flooring etc
RECOMMENDATIONS- FOR PRODUCT
Merchandise mix should comprise of national and international brands (70%) and private labels
(30%) for the upcoming fashion retail format
Fast moving sizes should be determined and provisions should be made for stock
replenishment
New offerings should be clubbed and displayed in reasonably size and place
Each option in all brands should be reviewed after initial response from customers
There should be sufficient style options across all segments and categories
Quality should be maintained and the merchandise provided should also be durable apart from
being stylish and trendy
RECOMMENDATIONS- FOR PRICE
Since in different parts of India different festivals are important, the store
should promote its merchandise according its demography to encash on the
festive mood of the customers
Even during the end of season sale, the merchandise should not be dumped
as it gives a very uncouth look and is not appealing to the customer and
may go against the store image and positioning
RECOMMENDATIONS- FOR PEOPLE
The CSAs should be regularly given product training so that they can clear
the minor queries of the customer regarding fabric quality, composition etc
Senior CSAs (2) Senior CSAs Senior CSAs Senior CSAs (2)
1.Mens Formal & (2) (2) 1. Ladies Ethnic
Accessories 2. Lingerie
2.Mens Casual