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SREE FINAL Vishal
SREE FINAL Vishal
SREE FINAL Vishal
CHAPTER - 01
INTRODUCTION
GENERAL INTRODUCTION
Retail Sector is the most booming sector in the Indian economy. Some of the gest
players of the world are going to enter into the industry soon. It is on the threshold of a
revolution after the IT sector. Although organized retail market is not as strong as of
now, but it is expected to grow manifolds by the year 2010. The sector contributes
10% of the GDP, and is estimated to show 20% annual growth rate by the end of the
decade. The current growth rate is estimated to be 8.5%.
The retail market is most fragmented in the world and only 2% of the entire retailing
business is in the organized sector. There are about 300 new malls, 1500
supermarkets and 325 departmental stores being built in the cities very soon.
I considered the -Vishal Megha Mart Davangere for studying the consumer
expectation, and what are the factors that influence to attract the rural customer
towards Davangere Vishal Megha Mart.
Consumers now want the cheapest, gest and the quickest products/services from
their retailers. They are moving towards the ‘eastern’ model, the changing behaviour
the Indian customers.
The project involves three main aspects namely industry profile, rural India,
company profile and analysis part. In industry profile about the retail sector, in rural
India it includes the population of rural India and about the rural market, and in the
company profile history of the organization, achievements; a detailed study has been
made. In the analysis part, objectives and data collection method, sampling design,
sampling size, sampling method and mainly I have analyzed the collected primary
data using SPSS, the primary data have been collected through questionnaires.
Finally findings, recommendations, limitations and conclusion are derived.
As we are now in the era of booming retailing lot of organization are entering into
the retail market. In India Future Group Pantaloon company is one of the greatest
retailing companies with its retail format called Vishal Megha Mart. In my Major
Concurrent Project, I’m doing the project, on “Consumer Attitude Towards - Vishal
Megha Mart - Davangere”. And also to know what are the factors which rural
customers think before visiting Vishal Megha Mart.
SPECIFIC INTRODUCTION
It is a fact that the retailing industry is in its starting phase in our country. The
benefits of organised retailing will only be felt once an equitable scale is achieved.
This to a large extent depends on the store size, the walkthroughs, bills per customer
per year, average bill size and the revenue earned per sq. ft. But besides resources
and bottomline, a variety of other aspects need to be in place for tasting success. The
need for qualified and trained manpower is of utmost importance. The need for
specialised skills is increasingly felt in the areas of:
Malls:
The largest form of organized retailing today. Located mainly in metro cities, in
proximity to urban outskirts. Ranges from 60,000 sq ft to 7,00,000 sq ft and above.
They lend an ideal shopping experience with an amalgamation of product, service
and entertainment, all under a common roof. Examples include Shoppers Stop,
Pyramid, Pantaloon.
Specialty Stores:
Chains such as the Bangalore based Kids Kemp, the Mumbai books retailer
Crossword, RPG's Music World and the Times Group's music chain Planet M, are
focusing on specific market segments and have established themselves strongly in
their sectors.
Discount Stores:
As the name suggests, discount stores or factory outlets, offer discounts on the
MRP through selling in bulk reaching economies of scale or excess stock left over at
the season. The product category can range from a variety of perishable/ non
perishable goods
Department Stores:
Large stores ranging from 20000-50000 sq. ft, catering to a variety of consumer
needs. Further classified into localized departments such as clothing, toys, home,
groceries etc.
Department Stores:
Departmental Stores are expected to take over the apparel business from exclusive
brand showrooms. Among these, the gest success is K Raheja's Shoppers Stop,
which started in Mumbai and now has more than seven large stores (over 30,000 sq.
ft) across India and even has its own in store brand for clothes called Stop!.
Hypermarts/Supermarkets:
Large self service outlets, catering to varied shopper needs are termed as
Supermarkets. These are located in or near residential high streets. These stores
today contribute to 30% of all food & grocery organized retail sales. Super Markets
can further be classified in to mini supermarkets typically 1,000 sq ft to 2,000 sq ft
and large supermarkets ranging from of 3,500 sq ft to 5,000 sq ft. having a strong
focus on food & grocery and personal sales.
Convenience Stores:
These are relatively small stores 400-2,000 sq. feet located near residential areas.
They stock a limited range of high-turnover convenience products and are usually
open for extended periods during the day, seven days a week. Prices are slightly
higher due to the convenience premium.
COMPANY PROFILE
Shop till you drop! Vishal Megha Mart has democratized shopping in India and is so
much more than a hypermarket. Here, you will find over 170,000 products under one
roof that cater to every need of a family, making Vishal Megha Mart India’s favorite
shopping destination.
At Vishal Megha Mart, you will get the best products at the best prices -- this is our
guarantee. From apparel to general merchandise like plastics, home furnishings,
utensils, crockery, cutlery, sports goods, car accessories, books and music, computer
accessories and many, many more. Vishal Megha Mart is the destination where you
get products available at prices lower than the MRP, setting a new level of standard
in price, convenience and quality.
If you are a fashion conscious buyer who wants great clothes at great prices, Vishal
Megha Mart is the place to be. Leveraging on the company’s inherent strength of
fashion, Vishal Megha Mart has created a strong value-for-money proposition for its
customers. This highlights the uniqueness of Vishal Megha Mart as compared to
traditional hypermarkets, which principally revolve around food, groceries and
general merchandise. Boasting of an impressive array of private labels, Vishal
Megha Mart is continually striving to provide customers with a ‘complete’ look. So
be it men’s wear, women’s wear, kids wear, sportswear or party wear, Vishal Megha
Mart fashions has it all!
Vishal Megha Mart has clearly emerged as the favorite shopping destination for
millions of its consumers, across the country, it’s success is a true testament to the
emotional bonding it has established with the Indian consumer, on account of its
value offerings, asp rational appeal and service levels. We believe Vishal Megha
Mart is a true pan-Indian model that can enter into most towns in India and
democratize shopping everywhere.
The acceptance and loyalty that Vishal Megha Mart has garnered over the years, was
well evident on 26th January 2006.On the day India celebrates its Republic Day, the
company honored the consumer by calling it the ‘Maha Savings Day’. Shoppers at
all Vishal Megha Mart and Vishal Food Mart outlets across the country were offered
products at prices never heard before in the history of shopping.
The offers were spread across categories from electronics to utensils, from apparel to
furniture and food. This event received tremendous response from the regular and an
entirely new set of shoppers, which resulted in nearly 2 million people visiting the
stores on that day. And most stores were able to post record sales for a single day.
Across India, food habits vary according to community, customs and geography.
Vishal Food Mart, through its multiple outlets addresses this. At the same time it
offers best quality products at wholesale prices to a wide cross section of the India
population. Vishal Food Mart effectively blends the look, touch and feel of the
Indian Mart with the choice, convenience and hygiene that modern retail provides.
The food and grocery division of the company was launched in 2002-03 and has
grown to 47 stores nationwide at the end of the current financial year. Most stores are
located within Vishal Megha Mart, Central and MAVIEs and act as strong
footfall generators. There are separate stand-alone Vishal Food Marts as well. The
business contributed just under 50 per cent of value retailing, and about 20 per cent
to the company’s turnover during 2005-06.
Vishal Food Mart offers a variety of daily consumption items, which include staples,
soaps and detergents, oils, cereals and biscuits. On the product category side, the
primary segregation is done on the basis of staples, fresh produce, branded foods and
home and personal care products.
Level 1
Depot:
1) General books
2) Office stationary
3) Children stationary
1) Watches
2) Fashion Jewelry
3) Sunglasses
4) Auto accessories
5) Car audio systems
Plastics:
1) Buckets
2) Casseroles
3) Containers
4) Boxes
5) Flasks
6) Bowls
7) Jugs & sippers
8) Bottles & Mugs
Utensils:
Crockery
1) Crockery cutlery
2) Table Materials / Napkins
3) Casseroles
4) Dinner sets
5) Wine, Juice Glasses
Luggage:
1) Travel bags
2) Trolleys
3) Bags: Schools, Collage Ladies purse
4) Suitcase
Level 2
Ladies Department:(SKD)
1) Winter Wear
2) T-Shirts & Tops
3) Shirts
4) Ethnic Wear
5) Jeans & Trousers
6) Palazzos & Salwars
7) Shorts & Capris
8) Skirts
9) Party Wear
10) Active Wear
11) Night Wear
Men’s Department:
1) Winter Wear
2) T-Shirts
3) Casual Shirts
4) Formal Shirts
5) Ethnic Wear
6) Shorts
7) Track pants
8) Trousers Jeans
9) Joggers ware
Level 3
Footwear Mart :
1) Sports Shoes
2) Formal Shoes
3) Casual Shoes
4) Men’s Sandals
5) ladies Sandals
6) Ladies Casuals
7) Ladies Chapel
8) Ladies fancy Sleepers
9) ladies Sports shoes
Home Décor:
1) Flower vase
2) Artificial Flowers
3) Religious gifts
4) Candle stand
5) Umbrellas
6) Photo Frames
7) Assorted color Stones
8) Frame Paintings
9) Water falls (artificial)
10) Birthday items
Home line:
1) Soft toys
2) Educational toys
3) Board games, Action figures
4) Dolls
Kids department
Boys section:
1) Ethic wears
2) Co- ordinates
3) Cotton frocks
4) Western wears
Infants:
1) Jhablas
2) Vests
3) Bibs feedings
4) Bed items
5) Baba suits
6) Frocks
Level 4:
Beverages:
1) Soft drinks
2) Mineral water
3) Juices
4) Health drinks
5) Frozen items
Confectionaries:
Staples Dept:
1) Health drinks
2) Ready to eat
3) Corn flakes, Chips
4) Instant mixes
5) Soups, Bread items, pickle
6) Spreads
Non-food Dept.
Home care:
1) Phenyl, Detergents
2) Dish wash, Tissue papers, Scratch
3) Shoe cases, Fresh wrap,
Personal care:
Level 5:
Electronic Mart:
1) Sound System
2) Microwave
3) Rice cookers
4) Juicers
5) Irons, Mixers & Grinders
Organization Structure of The Store:
Departmental Managers:
Departmental Managers:
There are 2 departments and 8 assistant department managers in this store like
Electronic dept, Depot dept, NBD dept, Mobile Mart Dept, Star sitar Dept, PUC
Dept, Ladies Dept, Men’s Dept, Furniture Dept, Footwear Dept, Home Décor Dept.
Each department will be assigned with targets which has to be achieved within the
assigned period that Febravery be of Daily, Weekly, monthly and yearly.
Each department has a department Manager & Assist DM. Their job is concerned
mainly with sales. They look after customer’s orders delivery post sale service if any
etc . All Dept managers ADM, Team members work under coordination &
cooperation.
Administration:
Store administration comes under Store Manager its functions are store maintenance,
House Keeping, Security etc.
Information Technology:
This department is responsible for the maintenance of the systems of the stores. All
billing machines their functioning networking with the master machine etc. If there
is any problem with the machine then this department comes into function.
Cashing Dept:
This department is responsible for the collection of sales amount ie cash sales, Credit
sales, etc under this department all billing machines of the stores comes. The sales
amount collected throughout the day by the cashier’s has to be submitted to this
department.
Marketing Executive:
This dept is responsible for the marketing of the store in different different media
like Television, Newspaper, and Holdings etc. the authorized person has to visit
different companies and has to look after for tie-ups etc.
Visual Merchandise:
This department is responsible for the product arrangement at the store with respect
to their nature. The basic function of this dept is it divides the store into some
departments based on the nature of the product and within the department it decides
how the products should be arranged by keeping in mind the customer should not
suffer.
HR Executive:
Human Resource executive mainly look after employees mainly their problems. This
department performs the functions like Recruitment, Selection, Training and
development.
This is the separate unit, which is mainly focuses on customer service like if the
customer find difficulty in finding any product, Customer complaints any
replacement, Customer assistance etc.
INDUSTRY PROFILE
INTRODUCTION:
Retail is India’s largest industry accounting for over 10 per cent of the country’s
GDP and eight per cent of the employment. The industry in India has emerged as
one of the most dynamic and fast paced ones with several players entering the
market. The Indian retail market is expected to grow from US$ 300+ billion to US$
400+ billion at the rate of approximately 7-8% per year by 2017. Driven by
changing lifestyle’s, strong income growth, western influence and favorable change in
demographic patterns, Indian retail is expanding at a rapid pace.
Retailing is the set of activities that markets products or services to final consumers
for their own personal or household use. It does this by organizing their availability
on a relatively large scale and supplying them to consumers on a relatively small
scale.” Retailing makes products and services available in large quantities. Retailers
produce or order the products/services in bulk so they can take advantage of
economy of scale and thus they can formulate competitive pricing strategies.
Products and services are generally sold through the store or on the internet.
The first decade of modern retail in India has been characterized by a shift from
traditional kirana shops to new formats including department stores, specialty stores
hypermarkets, and supermarkets and across a range of categories. Modern retail
formats have mushroomed in metros and mini-metros. In the last few years, modern
retail has also established its presence in the small cities, exposing residents to
shopping options like never before.Some of these stores are branded stores(exclusive
showrooms either owned or franchised out by a manufacturer), specialty
stores(greater choice to consumer, comparison between brands is possible),
department stores/supermarkets (one stop shop catering to varied consumer needs),
hyper-mart (low prices , vast choice available including services such as cafeterias.),
shopping malls (variety of shops available to each other ).
The fast changing retail environment demands that professionals learn new skills,
improve their efficiency, learn to compete and think out of the box. As retailers work
directly with customers and there is need for good managerial talent to interpret and
satisfy the needs and desires of customers. All this requires an education that is
intensive, comprehensive and closely linked to the retail business world. The need is
to have a program which has all the inherent features of a business management
program and includes experiential learning throughout the program.
1. Across BRIC countries, the food and grocery (F&G) segment is clearly driving
retail growth. For eg, retail food sales dominate the total retail market in Brazil,
accounting for almost 54 percent of the total retail sales, while Russia is the fastest
growing retail food sales market in the world, with the potential to again double in
size by 2008.
2. The prevalence of English as a language of communication to a very great extent
facilitates material sourcing and business communication. While India and Russia
pose no problems in this regard, Brazil and China present communication problems
for foreign companies.
3. The importance of governments that are quick on decision-making and passing
liberal trade laws cannot be emphasized enough. In China, for instance, being a non-
democratic country makes it easier for foreign investors to do business sans
bureaucratic red-tapism (in comparison to a democratic country like India), the
obvious reason being that the political establishment is not directly accountable to
the people.
4. Growing urbanization and metropolitan saturation is leading to the expansion of
retail formats and investment opportunities towards tier-II cities and rural hubs
across all four countries.
5. Continued economic reforms together with the growth of organised retail
(especially in the F&G segment) have led to growing rural incomes, triggering off
far-reaching, social impacts. The upcoming ‘Golden Quadrilateral' plan for
roadways in India, which is to connect the four cities of Delhi, Kolkata, Mumbai and
Chennai, will have massive economic and social repercussions on rural and semi-
rural clusters along the vast network. In China too, the government plans to create a
rural retail network covering 70 percent of all villages by 2008
Rs.111, 500 crore; 2009 - Rs.162,000 crore; and 2017 - Rs.235,000 crore.
(*Estimates based on 2006 prices).
In terms of formats, the energy in terms of new investments is expected to be
driven towards the supermarkets and hypermarket segments.
All new players - Reliance Industries, Bharti Retail/ Wal-Mart, AV Birla Group -
have shown interest towards developing these two formats, along with wholesale,
cash & carry outlets, while India's largest retailer - Retail India Ltd. - has a
continuous store rollout schedule for its Vishal Megha Mart hypermarkets and
Vishal Food Mart supermarkets.
REVIEW OF LITRATURE:-.
This chapter reviews the literature relevant to the subject matter of this present
research. The literature survey is presented in seven sections with each section
reviewing pertinent empirical studies conducted abroad and in India.
This study analyzes the current retail marketplace in India, investigating current and
projected growth across different segments of retail and evaluating the impact of
allowing foreign-direct investment (FDI), currently not allowed in India. India's
retail sector is positioned to transform from mostly small, family-owned businesses
to large-scale chain retail, and many international brands are investigating how to
enter India's retail market. The study of the structural, regulatory, fiscal and other
barriers affecting the performance of retail trade suggests reforms for the removal of
such barriers and provides a timeframe in which the Indian government can open its
retail sector to FDI and the conditions that may be imposed on foreign retailers if
FDI is allowed.
strategies. It also shares his personal journey, from childhood to becoming the head
of one of the most successful business groups in the country today.
The retail sector of India has come-forth as one of the most dynamic and second
fastest growing industrial economy with several players entering the market. But all
of them have not yet tasted success because of the heavy initial investment that are
required to break even with other companies and compete with them. India is the
country having the most unorganized retail market. India’s huge middle class base
and its untapped retail industry are the key attraction for global retail giants planning
to enter into newer markets. It examines consumers’ awareness and brand
consciousness among people across different socio-economic group in India and
witnessing of significant growth in the urban and semi urban retail markets.
image to occupy a distinctive place in the minds of the target market. Another
definition given by Al Ries and Jack Trout [139] in their book “Positioning: The
Battle for your Mind”, says, “Positioning is what you do to the mind of the prospect;
you position the product in the prospects mind”.
5) Baker and Funaro 2012 positioning of a mall depends on the number of
households and size of the catchment area size along with the demographics of the
households. Who made an analytical process for mall positioning claimed that as
population grows a shopping mall can attract customers from the competition. If the
positioning of a mall is good, shoppers from outside the catchment area can visit the
mall. Apart from price, location and merchandise the factor which affects that
customer pull towards a store is the store image as in the mind of the customer
Martineau’s [118]. Many studies include store image, customer psychographics and
lifestyle as part of multi-attribute choice theory.
6) Yiu and Yau 2011 take the analogy of an ecosystem to describe the
positioning of a mall. They claim Shopping malls prey on retailers through retail
space leasing and retailers, on the other hand, prey on shoppers by selling goods and
services. In other words malls are dependent on the retailers who in turn are
dependent on the shoppers.
7) Jones Lang Lasalle Meghraj “Positioning of a mall refers to defining the
category of services offered based on demographics, psychographics, income levels,
competition in neighbouring areas”. It has been observed in several studies on the
issue of mall positioning conducted in India that success of mall depends on its
positioning For example, if the market research indicates that the average number of
households living in a particular area belongs to the upper middle class then a high-
end retail mall would suit the location. An example of this practice can be seen in
the malls, Select City Walk in Saket and DLF’s Emporio in Vasant Kunj.
8) Suresh Sannapu and Nripendra Singh have identified a need to revisit
the definition based on the theoretical concepts of positioning, mall, retailer, shopper
and their expectations from each other. According to them positioning of a mall
refers to the inter-dependency of the three stakeholders - mall, retailer and shopper
on each other, in order to fulfil each other’s expectations, leading to the satisfaction
of the shopper resulting in the profitability of the retailer ensuing success of the
mall.
Vishal Megha Mart has newly established its Davangere store on last 14 th Febravery
2018. The Vishal Megha Mart has done analyzing of projects to know the
consumer expectation, consumer satisfaction level and now the Vishal Megha Mart
has gained good grip in the Davangere market, but still want to increase the rural
customers towards Davangere Vishal Megha Mart. So the main need for the study is
to know how to increase the rural customers towards Davangere Vishal Megha
Mart.
The project helped me to have an insight of the rural customer perception towards
Davangere Vishal Megha Mart, the concept of consumer thinking process towards
shopping. As a consumer what are the expectations from Davangere Vishal Megha
Mart. I was able to understand different aspects regards Davangere Vishal Megha
Mart.
With the help of this report company could find out the challenges ahead, because
the study is based on the survey conducted with the help of questionnaire which was
consisted of the questions related to the rural consumer, and through this report the
Vishal Megha Mart can more focus on the rural consumer expectations to increase
rural customers towards Davangere Vishal Megha Mart. Because rural India is the
actual India.
OBJECTIVES OF STUDY
To understand the factors which are influencing the customers to visit Davangere
- Vishal Megha Mart,
To know the customers expectation about Vishal Megha Mart Davangere,
To know the rural customers expectation from Davangere -Vishal Megha Mart,
To ascertain the satisfaction level of customers of Davangere -Vishal Megha
Mart,
To know why the rural customers are not visiting Davangere - Vishal Megha
Mart.
SCOPE OF STUDY
The scope of this report is restricted to the study of consumer attitudes towards
Vishal Megha Mart product. The area of the study has been restricted to Davangere
City only. The report gives information in general regarding attitude of consumer
towards Vishal Megha Mart product. However the survey has been conducted as
sampling basis of 50 customer have been selected on random basis of collecting
information regarding their attitudes. In addition to information for the survey,
secondary data has been collected.
The area of the study has been restricted to Davangere. The report gives information
in general regarding attitude of consumer towards Vishal Megha Mart products.
However, the survey is conducted on sampling basis; consumers have been selected
on random basis regarding their attitudes & views towards the Vishal Megha Mart
products.
CHAPTER-2
RESEARCH METHODOLOGY
METHODOLOGY
1) Primary data
The primary or the first hand data was collected with the help of handing out the
questionnaire to the customers, to “Consumer Attitude Towards Davangere -
Vishal Megha Mart”.
2) Secondary data
The major source of secondary or supporting data was internet, and company profile
of Vishal Megha Mart as whole. And Vishal Megha Mart library and the books and
journals, are the source of Information.
1 This study is carried out on consumers who are human beings. that they are being
observed. So there is a possibility customers or respondents may behave artificially
when they know that their attitudes, opinions, beliefs are being studied.
2 Time constraint.
3 The study is restricted to only Davangere City and the findings may not be
applicable to other geographical locations.
4 Since the information provided by the customers is assumed to be factual, their
validity is not questioned.
5 Attitudes are not permanent.
covered in any one of the previous categories and wholesale in a variety of goods
without any particular specialization.]
Vishal Mega Mart Private Limited's Annual General Meeting (AGM) was last held
on 26 September 2016 and as per records from Ministry of Corporate Affairs
(MCA), its balance sheet was last filed on 31 March 2016.
Directors of Vishal Mega Mart Private Limited are Bhatia Puneet, Carlos Miguel
Aquino, Gunender Kapur, Jonathan Mark Andrew Price,
Future Group will not wait for the Future to unfold itself but create future
scenarios in the consumer space and facilitate consumption because consumption is
development. Thereby, we will effect socio-economic development for our
customers, employees, shareholders, associates and partners.
Our customers will not just get what they need, but also get them where,
how and when they need. We will not just post satisfactory results, we will
write success stories. We will not just operate efficiently in the Indian
economy, we will evolve it. We will not just spot trends, we will set trends
Business Description
MAVIE Retail (India) Ltd. The Company's principal activity is to operate chain
retails stores in names of Vishal Megha Mart, Vishal Food Mart, Central and
MAVIEs. The Vishal Megha Mart is the discount store, which offers a wide range of
products under one roof. The products include apparels and non-apparels such as
utensils, sports goods and footwear. The Company also has its presence into gold
retailing by launching Gold Mart. The Company's Vishal Food Mart provides a
range of food and grocery products ranging from fresh fruits and vegetables, staples,
FMCG products and ready-to-cook products. The Central offers a chain of stores
including books and music stores, global brands in fashion, sports and lifestyle
accessories, grocery store and restaurants. The MAVIE retail stores focus largely
apparels and accessories.
Group Vision
Future Group shall deliver Everything, Everywhere, Every time for Every Indian
Consumer in the most profitable manner.
Group mission
We share the vision and belief that our customers and stakeholders shall be
served only by creating and executing future scenarios in the consumption space
leading to economic development.
We will be the trendsetters in evolving delivery formats, creating retail reality,
making consumption affordable for all customer segments - for classes and for
masses.
We shall infuse Indian brands with confidence and renewed ambition.
We shall be efficient, cost- conscious and committed to quality in whatever we
do.
We shall ensure that our positive attitude, sincerity, humility and united
determination shall be the driving force to make us successful.
Core Values
Respect & Humility: to respect every individual and be humble in our conduct.
Simplicity & Positively: Simplicity and positively in our thought, business and
action.
Riding on the consumption boom that the country has been witnessing over the past
couple of years, the company further expanded its foray into the value space by
adding 10 stores during the year 2005-06, entering new cities like Vishakhapatnam,
Pune, Lucknow, Indore, Mangalore and Rajkot.
The excellent performance of these new stores, further fortified the mass appeal of
Vishal Megha Mart as a true, family-shopping destination. The total number of
Vishal Megha Mart outlets as on June 2006 stood at 30 stores and over 1.20 million
square feet of retail space.
Fashion Focus
An interesting development has been the increase in the categories and micro
merchandising at Vishal Megha Mart. New categories like consumer electronics,
furniture, communication, food and beverage, pharmacies, beauty retail, salons,
books, stationery and music are being added and Vishal Megha Mart is getting
Vishal ger in space. A Vishal Megha Mart store measuring more than 150,000
square feet opened in Bangalore in October 2006. This takes Vishal Megha Mart to
the next level.
On the private label front, the company increased its share of private brands as a
percentage of the total fashion revenues from about 40 per cent in 2004-05 to over 50
per cent in 2005-06. For the year under review, the private label fashion category
also witnessed a significant growth over the past year by nearly 120 per cent.
Vishal Megha Mart has gradually introduced private labels in fashion over the last
few years. Every year, new private labels are introduced to increase their share over
other brands.
CTEE
A brand of T-shirts with smart lines and remarks, it is targetted at the young and
young-at-heart. It comes in 3 lines-pink for women; green for pre-teens and blue for
men.
Knighthood
It is the men’s formalwear brand with a wide range that includes formal shirts,
trousers, suits, blazers and basic men’s accessories like ties and handkerchiefs.
DJ&C
India`s cool answer to international labels is positioned for the 20-35 year age group. It
targets both men and ladies and the range includes designer denims, casuals, street-
wear and campus-wear.
DJ&C Sports
This is a unisex sportswear range for the age group of 20-40 years.
Shatranj
The men’s ethnic wear range consists of kurtas, kurta pyjama sets and heavy
sherwani sets.
Shyla
True to its tagline `what women want’, Shyla offers a complete range of
formal/semi-casual line of ladies tops, trousers, skirts, etc.
Srishti
The complete ethnic wear range offering a range of traditional designs for ladies,
encompasses both salwar kameez sets and mix-n-match/fusion wear.
Pink n Blue
The kids’ brand range created to celebrate the spirit of childhood, has the blue range
for boys and pink for girls. There is an infant line available as well. Pink n Blue
covers the entire apparel needs of kids right across t-shirts, shirts, jeans, trousers,
shorts, dresses and ethnic-wear/occasion-wear.
MAVIE Industries Limited was incorporated in 1987 and its shares are listed on the
Bombay Stock Exchange. The main activities of PIL are to set up textile units and
manufacturing and marketing of fabrics and readymade garments.
Home Solutions Retail (India) Ltd. (HSRIL)leads the groups foray in the home
improvement and consumer electronics retailing segment. It caters to home
management requirements and products, including furnishings and textiles,
furniture, consumer electronics, home electronics and home services. It operates
retail formats like Home Town, Furniture Mart, Collection I, E-Zone, Electronics
Mart and Got It.
Future Capital is the financial arm of the group and is involved in asset management
(both private equity and real estate funds) with plans to get into other financial
services including insurance, credit and other consumer related financial services.
It’s associate companies are Kshitij Investment Advisory Co. Ltd., Indivision
Investment Advisers Ltd., and Ambit Investment Advisory Co. Ltd.
Converge M Retail (India) Ltd., leads the group’s foray into the communication and
IT products segment. It operates formats like M-Port, MMart and Gen M.
The group owns a majority stake in Indus League Clothing Ltd., one of the leading
apparel manufacturers and marketers in India. Some of its leading brands include
Indigo Nation, Scullers, Urbana, Urban Yoga and Jealous.
The group owns a stake in Galaxy Entertainment Corporate Ltd. that operates chains
like Bowling Company, Sports Bar and Brew Bar.
The group is a joint venture partner in Planet Retail Holdings Ltd., which operates
sports, lifestyle and leisure retail chain. It also owns the franchisee and distribution
rights of brands like Marks & Spencer, Guess, Debenhams and Puma in India.
Footmart Retail
Footmart Retail is a joint venture with Liberty Shoes and is engaged in the retailing
of footwear products in India.
The group is a joint venture partner in CapitaLand Retail India, along with
Singapore-based CapitaLand Limited. The company provides retail management
services to retail properties owned or managed by various group companies and
investment funds.
ETAM Future Fashions India Pvt. Ltd., is a joint venture with French-retailer,
ETAM and the group. The company is involved in manufacturing and distribution of
women’s fashion and lingerie products.
CHAPTER - 3
Total 50 100.0
GRAPH -1
GENDER
Axis Title
100
80
60
40
Percent, 14
20
0
Male
Female
Interpretation
Total 50 100.0
GRAPH -2
INCOME
30
25
20
15
Percent
10
5
0
Less than 5000 -
5000 10,000 10,000 - 15,000 - More than
15,000 20,000 20,000
Total 50 00.0
GRAPH -3
VISITED
Yes No
3%
97%
Interpretation
It shows that around Davangere Dharwad rural customers will visit Davangere, from
this Vishal Megha Mart will get more customers from rural area. If they focus on
rural area customer they will get more customers from rural area.
100% Percent
Every day Once in week Every 15 days Once in month Total
12%
18%
50%
9%
11%
Interpretation
Total 50 100.0
GRAPH -5
Purpose of visiting
70
60
59
50
40
30
Percent
20
18
10 14
0 6
3
Their job For For ration Others System
shopping purchase
Interpretation
18.6% of the respondents will visit Davangere for their job.
68.8% of the respondents will visit Davangere for the purpose of purchase.
6.2% of the respondents will visit Davangere for ration purchase.
14.4% of the respondents will visit Davangere for their other work.
From the above graph it clear that 68% people visit for shopping purpose, here
Reliance Market has got a very good opportunity to attract these rural people by
making some road shows in the high density area so that they can change their
thinking pattern.
GRAPH -6
Product Purchase
40
35
30
25
20 Percent
15
10
5
0
shop shop 1 1 shop in 1 System
location location location
Interpretation
37.1% of customers said they would like to purchase their products in different
shops in different location.
38.5% of the customers said they would like to purchase their products in
different shops within a location.
24.1% of the customers said that they would like to purchase their products in one
shop where they all the products under one roof.
GRAPH-7
100% Percent
1 Yes 2 No System
8%
3%
3%
89%
Interpretation
91.8% of the customer said that they heard about Vishal Megha Mart in Davangere.
And 8.2% of the respondents said that they didn’t heard about Vishal Megha Mart
From this we will come to know the almost all the customers around Davangere -
Dharwad aware about Vishal Megha Mart.
100%Percent
11%
1 Yes
48% 2 No
41% System
Interpretation
This is the main important for Vishal Megha Mart people, because in this 50% of
the rural customers are not visiting Vishal Megha Mart.
i.e 46.1% of the rural customers are not visiting Vishal Megha Mart.
And the remaining 53.9% of the customers are visiting Reliance MARKET.
And the reasons are mentioned in below diagram why they are not visiting Vishal
Megha Mart.
100% Percent
2 Products are
very costly
System
22% 59%
Other
60%
1 Its so far
distance
3 Others
18%
1%
Interpretation
Here are the reasons why they are not visiting Vishal Megha Mart43.9% of the
customers said that its so far distance from the old bus stop, because old bus stand is
the main hub for every rural area.53.7% of the respondents said that they are
thinking like their products are very costly.
100% Percent
60
50 52
40
30
Percent
20 20
16
10 10
0 2
1 Purchase 2 Just for 3 For new 4 For new System
visit offers products
Interpretation:
41.7% of the customers said that they are visiting Vishal Megha Mart for
purchasing.
4.2% of the customers said that they are visiting Vishal Megha Mart just for visit.
33.3% of the customers said they are visiting Vishal Megha Mart for new offers.
20.8% of the customers said they are visiting Vishal Megha Mart for new
products.
For that I can suggest to Vishal Megha Mart better to provide more offers with new
product then they can attract more rural customer towards Reliance MARKET.
100% Percent
60
50 52
47
40
30
Percent
20
10
0 1
1 Yes 2 No System
Interpretation
97.9% of the customers purchased the product in Vishal Megha Mart. Only 2.1% of
the customers have not purchased the products in Reliance - MARKET
100 %Percent
27%
36%
1 Good
2 Not Good
5%
32% Total
System
Interpretation
83.0% of the customers said that the products from Vishal Megha Mart are
good.17.0% of the customers said that the products are not good.
13) Usually when you would like to visit Vishal Megha Mart?
3% 1 Weekends
17%
2 Offers
35%
3 As per requirement
9%
4 Festival
3%
Total
33% System
Interpretation
10.4% respondents said they are visiting the Vishal Megha Mart in weekends.
52.1% of the respondents said they are visiting the Vishal Megha Mart in offers
season.
27.1% of the respondents said that they are visiting Vishal Megha Mart as per
their requirements.
10.4% of the respondents said that they are visiting Vishal Megha Mart in the
season of festival
From this we will come to know more rural customers visits Vishal Megha Mart in
the season of offers, so better to provide more offers to rural customers.
CHAPTER - 04
FINDINGS
The overall project is mainly on Brand Positioning “A Study on Brand Positioning
of Vishal Megha Mart In Davanagere”. In this project the major findings are as
follows
Some of the respondents have given some reasons why they are visiting Vishal
Megha Mart.
Mainly rural customers expecting the good quality products with low price.
Some of the customers are thinking their products are very costly.
60.4% of the respondents like to have the good products from Vishal - Mart.
79% to 80% of the respondents are ready to visit Vishal Megha Mart in future.
Most of the customers would definitely visit Vishal Megha Mart again.
SUGGESTIONS
The overall project is mainly of focus on Understanding the customer perception
towards Davangere Vishal Megha Mart, and what they are expecting from the
Vishal Megha Mart. And how to attract them towards Vishal - Mart. The major
recommendations are as follows.
Provide transportation facilities from the old bus stand to Vishal Megha Mart
because the old bus stand is the main hub for every rural area.
Providing awareness about the new offers to the rural customers then rural
customer will visit the Vishal Megha Mart for purchasing.
Provide good quality products with lowest price, because the for rural people the
price factor is main important.
Its better to provide the special offers to who are visiting frequently to Vishal
Megha Mart, it helps to get more customers from the present customer.
Rural people have lack of awareness about Vishal Megha Mart, so Vishal Megha
Mart needs to create the awareness in the mindset of rural people.
CONCLUSION
Finally I conclude that the project stating that the rural customers around
DavangereCity are ready to visit Vishal Megha Mart in future, and they
needs good offers in future days. And the Vishal Megha Mart has been
doing good in terms of understanding customer expectations and
providing them good offers and products in terms of fulfilling their
expectations. And what a rural consumer thinks before visiting Vishal
Megha Mart. And the different factors which are influence to rural
customers to visit Vishal Megha Mart. And the factors which we need
focus to improve rural customers’ walk-in towards Davangere Vishal
Megha Mart.
QUESTIONNAIRE
Thanking You
Your Faithfully
RAGHUVEER.T.V.
1. Name : __________________________________________
2. Address : __________________________________________
__________________________________________
_________________________________________
Mobile: __________________________________________
3. Age:
4. Gender:
a) Male ( ) b) Female ( )
5. Marital Status:
a) Married () b) Unmarried ()
6. Qualification :
7. Occupation :
a) Business () b) Professional ()
c) Employee () d) Others ()
c) 10,000-15,000 ( ) d) 15,000-20,000 ( )
d) 20,000& Above ( )
a) Yes ( ) b) No ( )
a) Yes ( ) b) No ( )
12. In which purpose you have visiting the Vishal Megha Mart?
14. What factors are influencing you to visit Vishal Megha Mart in the
following,
a) Offer ( ) b)Quality ( )
e)Shopping Experience ( )
a) Excellent ( ) b) Good ( )
c) Fair ( ) d) Poor ( )
e) Extreme Poor ( )
17. What are your Suggestions About the Vishal Megha Mart?
______________________________________________________
______________________________________________________
______________________________________________________
Date :
Place:
SIGNATURE
BIBLIOGRAPHY
WEBSITES:
www.google.com
www.Vishal Mart.com
India