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Project Report - University
Project Report - University
ON
Submitted to:
Submitted By:
KABIR PAL SINGH
DECLARATION
I would like to thank my parents and brother who patiently helped me as went
through my work and helped to modify and eliminate some of the irrelevant or
un-necessary stuffs and would like to thank my friends who helped me to make
my work more organized and well-stacked till the end.
Next, I would thank Microsoft for developing such a wonderful tool like MS
Word. It helped my work a lot to remain error-free.
Last but clearly not the least; I would thank GNDU for designing a curriculum
that focuses on overall development of its students.
Regards,
Kabir Pal Singh
PREFACE
D-Mart is a private company and is associated with the retail industry. It was
launched in the year 2002 in the month of May by its esteemed founder R. K.
Damani. It is a chain of supermarkets and hypermarkets established in India. It
is designed for providing maximum customer convenience and offers a
diversified choice at affordable rates.
DMart was started by Mr. Radhakishan Damani and his family to address the
growing needs of the Indian family. From the launch of its first store in Powai
in 2002.
CONTENTS
1. INTRODUCTION OF DMART
2. REVIEW OF LITRATURE
3. RESEARCH METHODOLOGY
4. RESEARCH OBJECTIVE
5. DATA ANALYSIS AND INTERPRETATION
6. DATA ANALYSIS
7. RECOMMENDATION
8. LIMITATIONS
9. CONCLUSION
10.REFERENCE
1. INTRODUCTION OF D-MART STORE:
D-Mart is a chain of discount stores in India that offers groceries, food,
clothing, home appliances, and personal care products. It was founded in 2000
by Radhakishan Damani and is headquartered in Mumbai. As of 2021, D-Mart
has over 220 stores across various Indian states and is one of the largest retail
chains in the country.
The stores offer products at lower prices compared to traditional retail stores,
and they operate on a low-cost business model that aims to reduce costs and
pass on the savings to customers. The company also focuses on providing a
customer-friendly shopping experience and keeping its stores neat and
organized.
D-Mart is known for its wide range of products, including groceries, fresh
produce, household essentials, and clothing, among others. It also offers
private label products, which are sold under the D-Mart brand, at a lower price
compared to national brands.
In addition to its physical stores, D-Mart also has an online presence, with an e-
commerce website that offers home delivery and click-and-collect services.
The company also has a loyalty program, D-Mart Ready, which offers exclusive
benefits and discounts to members.
D-Mart has been consistently growing and expanding its presence in India, and
has received recognition for its business practices and commitment to
customer satisfaction. In 2021, Forbes listed D-Mart as one of the "World's
Best Employers.(DMart Website,2022)
Avenue Super Marts Ltd (ASL) owns and operates hypermarkets and
supermarkets by the store name D-Mart seeks to provide a one-stop shopping
experience for the entire family, meeting all their daily household needs. A
wide selection of home utility products is offered, including foods, toiletries,
beauty products, garments, kitchenware, bed and bath linen, home appliances
and much more. Since D-Mart first opened its doors in the Mumbai region in
2000, it has grown into a trusted and well-established shopping destination in
Maharashtra, Gujarat, Andhra Pradesh, and Karnataka.
D-Mart's expansion began in 2007, when stores were opened in Ahmedabad,
Baroda, Pune, Sangli and Solapur. Currently, DMart is present in India across 10
States, 1 Union Territory and NCR.
D-MART REACH
S.no States Store Locations
Amravati, Aurangabad, Dhule, Ichalkaranji, Jaisingpur,
Jalgaon, Jalna, Karad, Kolhapur, Latur, Miraj, Mumbai
1 Maharashtra
(MMR), Nagpur, Nanded, Nandurbar, Nashik, Osmanabad,
Pune, Ratnagiri, Sangli, Satara, Solapur, Wardha, Yavatmal
Ahmedabad, Anand, Ankleshwar, Bharuch, Bhuj, Bilimora,
Gujarat Gandhidham, Gandhinagar, Godhra, Himmatnagar, Kalol,
2
Mahesana, Nadiad, Navsari, Palanpur, Rajkot, Surat,
Surendranagar, Vadodara, Valsad, Vapi
Anantapur, Bhimavaram, Eluru, Gudivada, Guntur,
Kakinada, Kurnool, Machilipatnam, Nellore, Ongole,
3 Telangana
Rajahmundry, Suryapet, Tanuku, Tirupati, Tuni, Vijayawada,
Visakhapatnam
Anantapur, Bhimavaram, Eluru, Gudivada, Guntur,
Andhra Kakinada, Kurnool, Machilipatnam, Nellore, Ongole,
4
Pradesh Rajahmundry, Suryapet, Tanuku, Tirupati, Tuni, Vijayawada,
Visakhapatnam
Bengaluru, Belgaum, Gulbarga, Mangaluru, Tumakuru,
5 Karnataka
Udupi
Madhya Bhopal, Dewas, Indore, Jabalpur, Mandsaur, Dr. Ambedkar
6 Nagar (Mhow), Neemuch, Pithampur, Ratlam, Ujjain
Pradesh
7 Chhattisgarh Bhilai, Durg, Raipur, Rajnandgaon
8 NCR Delhi, Faridabad, Ghaziabad, Gurugram, Noida
Chennai, Coimbatore, Dindigul, Erode, Hosur, Madurai,
9 Tamil Nadu
Salem, Shoolagiri, Sulur, Tiruchirappalli, Tiruppur
Amritsar, Barnala, Chandigarh, Jalandhar, Ludhiana, Mandi
10 Punjab
Gobindgarh, Patiala
11 Rajasthan Ajmer, Alwar, Bhilwara, Jaipur, Kishangarh, Kota
1(a). FOUNDER
• Foods
• Toiletries and Beauty products
• Garments
• Kitchenware
• Bed and Bath linen
• Toys & Games Stationery
• Home Appliances
• Footwear
2. REVIEW OF LITERATURE
The literature on the formation of store image has been explored by several
researchers such as Doyle and Fenwick (1974), Jain and Etgar (1976), King
and Ring (1980), and Chowdhury et al. (1998). Some studies have focused on
the evolution of store image formation, for example, Mazursky and Jacoby
(1986), while others have conducted meta-analyses of retail patronage
studies, such as Pan and Zinkhan (2006). However, the existing literature has
not considered the use of clustering techniques to study consumers'
perceptions of store image.
Off-price retailers, who offer products with the same quality as department
stores and specialty stores, compete to convince consumers that their
product quality is comparable to that of department stores. This study will
provide valuable information for retailers to understand consumer
perceptions of product quality and help develop their marketing strategies.
3. RESEARCH METHODOLOGY
Data Sampling, SWOT and market analysis were done to interpret the strategy
of DMART and to achieve a deep understanding of their customer acquisition
model market mix and 4ps has been also discussed. As retail is a high
competition market it is henceforth important to benchmark a business with its
competitors. Thus, comparative data has also been analysed.
4. RESEARCH OBJECTIVE
• To scan customer buying behaviour.
• To know the promotional strategy of big bazar vs D-Mart.
• To know the relation between promotional strategy and buying
decision.
• To comprehend the determinants of customer satisfaction.
• To know about the growth prospective with respect to demand
analysis.
• To analyse product mix.
4.1 How Big Bazaar and D-mart Establish and maintain the in retailing
through promotion:
o Sampling Method
Since the study is restricted to Retail sector, all the functional
Departments of Big Bazaar & D-Mart and the respondents are
found at the store only so according to the convenience randomly
they are being picked so sampling method is used in this study is
Random Convenience Sampling.
Sample size : 120 respondents
D'mart Exclusive, Dolphin Mart's home decor and gifting solutions brand,
plansto open around 35 stores and is targeting a turnover of Rs 80 crore this
fiscal. In the currentfinancial year, the company plans to invest a total sum of
Rs 20-25 crore for expansion.d'mart Exclusif plans to open 3 stand-alone
showrooms, 15-16 boutiques at airports/ malls,and 14-16 franchise stores
this fiscal. It also plans to open a kiosk at T3 Terminal in Delhiand stores in
tier 2 and 3 cities as well. The company will also venture into e-commerce by
the end of this year.Dolphin Mart is the importer and distributor of premium
signature art and decor pieces
including silverware, crystal ware, limited edition collectibles, objects d‘art,
figurines,
furniture accessories and gifts items, selected and sourced from international
brands in Italy,
Spain, Germany, France, UK, and China. The company claims that d‘mart
Exclusive is the sole product distributor for such premium brands in India as
per an agreement.Speaking about the location preferences for its new stores,
Praveen Rao, Vice President, and
Dolphin Mart, said: ―The ideal location to open a new store depends on a
number of factors.
Our first preference is stand-alone showrooms on high streets, followed by
reputed
mall/shopping complexes.‖
Highlighting the key requirements of a franchisee, he said that an exclusive
franchisee would be required to invest a sum of Rs1 crore and must have an
area of 1,200 sq.ft. while a non-exclusive franchisee would have to invest Rs
30 lakh and have an area between 800 and1,000 sq.ft. For the shop-in-shop
format, the franchisee will have to invest up to Rs 20 lakhand must have an
area of 500-
600 sq.ft..‖
Big bazaar
Weakness:
➢ Unable to meet store opening targets on time
➢ Falling revenue per sq. ft
➢ General perception: Low price = Low quality‘
➢ Overcrowded during offers
➢ Long lines at billing counters which are time consuming
➢ Limited only to value offering low price products. A no of branded
products are still missing from Big Bazaar‘s line of products. E.g. Jockey,
Van Heusen.
Opportunity:
Threats :
STORE'S ADVERTISEMENT
Dmart
Big Bazaar
ANALYSIS:
From the survey, from 120 respondents, gave response for more powerful
advertise to Big-Bazaar is 61.67% & D-Mart is 38.33%.
INTRPRETATION:
Majority of the customers are give response for most powerful advertisement
is Big-Bazaar.We can also interpret that the big-bazaar comparison is more
powerful people attract with advertisement like T.V., Hoarding, newspaper, is
most of the part of purchasing by advertisement.
4P’s of Big bazaar vs Dmart
1. Product:
ANALYSIS:
From the survey, from 120 respondents, gave response Big-Bazaar is 43.33% &
D-martis 31.67% & both is 17.5% and none 7.5%.
INTERPRETATION:
Majority of the customers are given response to Big-Bazaar, We can also
interpret from his that big bazaar has located itself in a good place from where
it is able to attractcustomers. As a hypermarket which is to be located far off
the city, big bazaar has locateditself in a good place from where it is
convenient for people to visit big bazaar.
Big-Bazaar
Big Bazaar offers a wide range of products which range from apparels, food,
farm products, furniture, child care, toys, etc. of various brands like Pantaloon,
Levis, AllenSolly, Pepsi, Coca- Cola, HUL, ITC, P&G, LG, Samsung, Nokia, HP
etc.Big Bazaar also promotes a number of in house brands like:- DJ & C- Tasty
Treat
End. Notes Four Cs! - Consumer wants and need Vs Product
D-Mart
D-Mart offer products to satisfy the entire family's needs. Merchandise offered
at D-Mart is always at lower prices. Stores are designed with customer
convenience in mind. D-Mart respects your intelligence by offering a wide choice
of brand and pack sizes, couple with casy-to-understand communications and
information.D-Mart offers a wide selections of products which range from
pparels,Foods. Toiletries and Beauty products, Garments, Kitchenware, Bed and
Bath linen, Toys & Games Stationery.Home Appliances, Footwear.The service
offered was somewhat okay. As soon as we went in, the security (lady) informed
us that she was putting our belongings inside a D-Mart's green clothed bag and
scaling it. Even the purse bag of my mother was sealed inside. We had to argue
with the security guard and finally we managed to get the purse out. We began
shopping with 10 minutes of wasted time and a rather bad mood to begin
shopping with.The staff was unfriendly and unfamiliar with rules. It seemed as if
they wanted to sell without understanding the requirements of the customer.
On the Priya pickle offer (Ifree for 2 bought) the staff lady wanted us to buy the
same pickle three times. This was a stupid idea,what would we do with 3 achaars
of the same mango, or ginger, or lime? Finally after we explained the stupidity
behind her reasoning she relented and let us chooses a variety of three.
2.Pricing :-
India Gate Basmati Rice Feast Rozzana 5 kgs Rs 475 Rs 370 Rs 339
ANALYSIS
From survey price of some product in both Dmart and Big Bazaar
INTERPRETATION
Almost in all Prices of Products in Dmart are less than Big Bazaar
Big-Bazaar
Promotional Pricing:
Big Bazaar offers financing at low interest rate. The concept of
psychological discounting(Rs. 99, Rs. 49, etc.) is also used to attract
customers. Big Bazaar also caters on SpecialEvent Pricing (Close to
Diwali, Gudi Padva, and Durga Pooja).
Differentiated Pricing:
Bundling
D-Mart
The prices offered are economical over here. D-Mart offers minimum
5% discount on MRP on all items except medicines, grocery and
vegetables and fruit items
.
The product mix was fairly good. Lot of variety was available for all
types of products.The assortments done for apparels was as per the
price in descending order and as per the size
i.e. extra large, large, medium and small. Also, in nearby racks the
assortment was as per sizenos. i.e. 28, 30, 32, etc for trousers and 38,
39, 40, 42, 44, etc. for shirts.
Distance in KM NO %
00-05 39 32.5
05-10 50 41.68
10-15 17 14.6
More than 15 14 11.66
Total 120 100
16%
00-05
50% 21% 05-.10
10-.15
7% More than 15
6%
Total
ANALYSIS:
From the survey, from 120 respondents, gave response for How much
distance to the store to 32.5% of them 0-5 km, & 41.68% of them 5-10
km, & 14.16% of them 10-15km, & 11.66% of them More than 15 km.
INTERPRETATION:
Majority of the customers are give response for 0-5 km distance to the
store.
Parking facility
NO. %
YES 79 65.83
NO 41 34.17
TOTAL 100 100
PARKING
34%
YES
66% NO
ANALYSIS:
From the survey, from 120 respondents, gave response for happy with
the parkingfacility provided to Yes is 65.83%, & No is 34.17%.
INTERPRETATION:
We interpret that majority of the customers are satisfied with the
parking spaceavailability provided by store. Hence In holidays probably
it will be very essay for customersto park their vehicle in store
Big-Bazaar
D-Mart
The D-Mart stores are operational across three formats hypermarkets
spread over 30,000-35,000 sq ft, the Express format over 7,000-10,000
sq ft and the Super Centers set up over 1lake sqft. Currently D-Mart
operates in over 15 cities and towns across India with 70 stores.These
stores are normally located in high traffic areas. Which helps
customers to orders products online which will be delivered to their
doorstep? This helps in saving a lot of time of its customers.
4.PROMOTION
ANALYSIS:
From the survey, from 120 respondents, gave response for Choose
from factor whichattracted you most while purchasing, to give first
rank Big-Bazaar is 29.73%, & second rank is 20.27%, & third rank is
22.97%, fourth rank is 13.51% and five rank 18.92% of themOffer. Give
First rank D-Mart is 32.61%, & Second rank is 26.09%, & Third rank is
30.43%,& Fourth rank is 21.73% and five 8.69% of them Offer. Give
first rank Big-Bazaar is20.27%, & second rank is 16.21%, & third rank is
25.68%, fourth rank is 31.08% of themService. Give First rank D-Mart
is 34.78%, & Second rank is 19.56%, & Third rank is13.04%, & Fourth
rank is 32.60% of them Service. Give first rank Big-Bazaar is 22.99%,
&second rank is 20.28%, & third rank is 16.22%, fourth rank is 40.54%
of them Quality. Give First rank D-Mart is 19.57%, & Second rank is
13.06%, & Third rank is 28.26%, & Fourthrank is 39.14% of them
Quality. Give first rank Big-Bazaar is 14.86%, & second rank is35.14%,
& third rank is 35.13%, fourth rank is 14.87% of them Availability of
Product. GiveFirst rank D-Mart is 23.91%, & Second rank is 34.78%, &
Third rank is 34.79%, & Fourthrank is 6.53% of them Availability of
Product.
INTERPRETATION:
Majority of the customers are like to offer to Big-Bazaar. & like service
to D-Mart. We canalso interpret that some people are like Wednesday
Discount Offers on Food, Fashion,household Items at Big Bazaar. it‘s
means wide range of products available in big bazaar. and
D-Mart are Even it provides a good service and ambience to its
customers who encouragethem to visit d-mart more and more times.
So that customers can get more satisfaction.
Source about outlet
ANALYSIS:
From the survey, from 120 respondents, gave preference for Big-
Bazaar is 24.32% of them T.V., & 25.67% of them Hoarding. & 17.56%
of them Bus Painting. & 32.43%of them News Paper. And Give
preference for D-Mart is 23.91% of them T.V. &17.39% of them
Hoarding, & 21.73% of them Bus Painting, & 36.95% of them News
Paper.
INTERPRETATION:
Majority of the customers are gave response for News paper is the
most influencing factor which is responsible for awareness of Big
Bazaar & D-Mart. We can also interpret that some people are visited a
store through seen to advertisement in news paper. The various
promotion schemes used at Big Bazaar include
OFFER
ANALYSIS
D-mart is 43.47% & second rank is 28.26% & third rank is28.26%.of them gift
voucher. Give first rank Big-Bazaar is 23.29% & second rank is 22.15%& third
rank is 54.55%. And give first rank D-mart is 26.08.55% & second rank is 52.17%
&third rank is 21.73% of them future card.
INTERPRETATION:
Majority of the customers are give first rank gift voucher to Big-Bazaar & D-mart.
We can also interpret that Big Bazaar & D-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, making Big Bazaar & D-Mart, India‘s favourite
shopping destination Big Bazaar & D-Mart Gift Vouchers are available in
convenient denominations of Rs. 50, 100, 250, 500& 1000.They are redeemable
at all Big Bazaar & D-Mart stores across India Some people are don‘t like service
of future card.
Big-Bazaar
• Saal ke sabse saste 3 din‖
• Hafte ka sabse sasta din ―Wednesday bazaar‖
• Exchange Offers ―Junk swap offer‖
• Future card(3% discount)
• Shakti card
• Advertisement (print ad, TV ad, radio)
• Brand endorsement by M.S Dhoni and AsinBig Bazaar has come up
with 3 catchy lines written on hoardings taking on biggies
likeWestside, Shoppers stop and Lifestyle. They are:
➢ Keep West a Side. Make a smart choice!‖
➢ Shoppers! Stop. Make a smart choice!‖
➢ Change your Lifestyle. Make a smart choice!‖
➢ Each party is free to accept or reject the exchange offer.
Each party believes it is appropriate or desirable to deal with
the other party
Promotion and sales offers were present for most of the items. There
were a discount of 10% on all Navneet products and Cadbury
celebrations. There was one separate whole shelf for garbage dust bin
bags selling at Rs.29 wherein the actual MRP was Rs.45.In case of
apparelsthere is a variety available ranging from menswear, women
swear and kids wear.
Advertising
When D-mart had opened up, on the way towards Nahur station, there
was a hoardingnearly for 3 months to advertise that the mall has
opened up at Mulund.D-Mart mostly use discount offers as a
promotional tool for increasing sales.Promotionaltools are very much
important for D-Mart, in incrasing sales and also in introducing new
products.
NO %
YES 69 57.5
NO 51 42.5
TOTAL 102 100
ANALYSIS:
From the survey, from 120 respondents, gave response for agree with
the tagline of D-
Mart Daily Discounts, Daily Savings‘ to Yes is 57.5% & No is 42.5%.
INTERPRETATION:
Majority of the customers are give response for agree with the tagline
of D-Mart Daily Discounts, Daily Saving we can also
interpret from this that tagline of D-Mart It is also clearly known that
D-Mart sales its goods at a discounted price ascompared to the
market. Even it provides a good service and ambience to itscustomers
who encourage them to visit D-Mart more and more times.
7. RECOMMENDATIONS
➢ Big bazaar and d-mart should provide large parking space for its
customers so that they can easily park their vehicles.
➢ The study was restricted to only the customers of BIG BAZAAR & D-Mart.
➢ The time constrain was a limiting factor, as more time was required to
carry outstudy on other aspects of the topic.
➢ The result and analysis based on the customer survey method and small
sample size has taken only 120.
Big Bazaar & D-Mart area major shopping complex for today‘s customers. It is a
place. where customers find variety of products at a reasonable price. Big Bazaar
& D-Mart has a good reputation of itself in the market. It has positioned itself in
the market as a discounted store. It holds a huge customer base. The majority
of customers belong to middle class family. The youth generation also likes
shopping and moving around Big Bazaar & D-Mart .Volume sales always take
place in Big Bazaar & D-Mart. Impulse buying behavior of customers comes in to
play most of the times in Big Bazaar & D-Mart. Big Bazaar & D-Mart is a
hypermarket as it provides various kinds of goods like apparels, grocery,
stationary, food items, electronic items, leather items, watches, jewellery
,crockery, decorative items, sport items, chocolates and many more. It
competes with all the specialty stores of different products which provide goods
at a discounted rate all through out the year. It holds a large customer base and
it seemed from the study that the customers are quite satisfied with Big Bazaar
& D-Mart. As of now there are 34 Big Bazaar & D-Marts indifferent cities of India,
it seems that there is a vast growth of Big Bazaar & D-Mart lying as customers
demand; increasing for Big Bazaar & D-Marts. It has emerged as a hub of
shopping specially for middle class people. Different types of products starting
from a baby food to pizzas wide range is available under one roof. In Delhi it is
the middle class people who mostly do marketing from Big Bazaar & D-Mart.
Even most of the people do their monthly shopping from Big Bazaar & D-Mart.
People not only visit Big Bazaar & D-Mart to do shopping but also visit for outing
purpose as it provides a very nice ambience to its customers. As people go to
malls they just tend to move around Big Bazaar & D-Mart whether it is for
shopping purpose or for outing purpose. Grocery, apparels and food items are
the products which are demanded most by the customers of Ahmedabad in Big
Bazaar & D-Mart. The major drawback of Big Bazaar & D-Mart is that it lacks in
providing enough parking space for their customers. This may discourage the
customers to come to Big Bazaar & D-Mart and shop as they face difficulty in
parking their vehicles. Even though some customers say that they don‘t feel
problem in
parking their vehicle, it is because of the parking space available to them by the
mall. As it is surveyed it seems that the biggest competitors of Big Bazaar & D-
Mart are the kirana stores discounted specialty stores like Vishal mega mart, The
Tata Groups (Croma), Reliance Retail, & Sabka Bazaar etc.
10. REFERENCE