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A STUDY OF RETAIL SHOPPER BUYING BEHAVIOUR & EXPERIENCE
EVALUATION ACROSS RELIANCE RETAIL STORES
SUBMITTED BY
NAME: SUCHETA BARMAN
ROLL.NO:MM2224355
FOR THE DEGREE
MASTER OF BUSINESS ADMINISTRATION WITH
MARKETING SPECIALISATION
1
DECLARATION
Place: Guwahati
Name&Signature
Date:
2
CERTIFICATE
3
ACKNOWLEDGEMENT
I would also like to thank all the faculty members of Balaji Institute of Modern
Management for their critical advice.
The learning experience drawn out of this project was incredible and it would
greatly help me in my future endeavours.
PLACE:
4
TABLE OF CONTENTS
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EXECUTIVE SUMMARY
This report presents a detailed investigation of customer experiences at Reliance
Retail stores in Guwahati, Assam. I underwent extensive training to effectively
engage customers and gather their valuable feedback. Throughout the
internship, a carefully designed questionnaire was utilized to systematically
collect customer opinions.
Moreover, the thorough analysis of customer feedback and behavior enables the
identification of areas in need of improvement and optimization of the shopping
experience. By demonstrating an unwavering commitment to customer
satisfaction, the report seeks to establish a loyal customer base and leverage
positive word-of-mouth marketing to attract new customers. The ultimate goal
is to ensure the sustained success and growth of the stores by continuously
refining operations and proactively adapting to the ever-evolving needs of
customers, who form the core of the retail business.
The internship spanned over eight weeks and covered seven different store
formats: RelianceTrends, Reliance Digital, Reliance Centro, Gap, Reliance
Jewels, Fashion Factory, Gap (again). Throughout the internship, I followed
Reliance's standardized questionnaire format, which was created using the
SurveyMonkey platform and required online input of collected data.
6
Subsequently, a comprehensive analysis was conducted across various
dimensions, including shoppers' profiles, their familiarity with other Reliance
Retail stores, the overall shopping experience, and more. To derive meaningful
insights, statistical tests and chi-square tests for independence were employed.
CONTEXTUAL BACKGROUND
The retail industry in India is a dynamic and rapidly evolving sector that plays a
crucial role in the country's economy. With a population of over 1.3 billion
people and a growing middle class, India offers immense potential for retail
businesses. The industry encompasses a wide range of sectors, including
organized retail, unorganized retail, e-commerce, and traditional mom-and-pop
stores. India's retail landscape has witnessed significant transformation over the
years. Traditional mom-and-pop stores, known as kiranas, have long been the
backbone of the retail sector. However, organized retail has gained momentum
in recent years, driven by the entry of large players and the establishment of
modern retail formats such as hypermarkets, supermarkets, department stores,
and specialty stores.
Key players in the organized retail segment include Reliance Retail, Future
Group, Tata Group, and Aditya Birla Retail. E-commerce has also emerged as a
major force in the Indian retail industry. Companies like Flipkart, Amazon, and
Snapdeal have revolutionized the way Indians shop, offering a wide range of
products and convenient delivery options. The rapid growth of smartphones and
internet penetration has contributed to the popularity of online shopping,
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particularly among urban consumers.The Indian government has implemented
various reforms to promote the growth of the retail industry. The introduction of
Goods and Services Tax (GST) in 2017 aimed to streamline taxation and create
a unified market across the country. This has facilitated the ease of doing
business and improved logistics and supply chain efficiencies. Additionally,
initiatives like the Make in India campaign have encouraged domestic
manufacturing, leading to the availability of a diverse range of products for
consumers.
Despite these challenges, the future of the retail industry in India looks
promising. Rising disposable incomes, urbanization, a young population, and
increasing consumer aspirations are driving the demand for organized retail and
e-commerce. The growth of digital payments and the government's push for
financial inclusion are further fueling the growth of the retail industry.
In conclusion, the retail industry in India is a vibrant and evolving sector that
presents immense opportunities approaches.
B. MARKET SCENARIO
Market Size: The retail market in India was estimated to be worth around $950
billion in 2020 and is projected to reach $1.75 trillion by 2026 (source: IBEF).
Regional Variations: The retail market in India varies across regions. While
urban areas have seen significant growth in organized retail formats like
supermarkets and shopping malls, rural markets present untapped potential.
Retailers are exploring strategies to tap into rural markets and cater to the
specific needs and preferences of rural consumers.
C.COMPETITOR ANALYSIS
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Strong brand recognition and reputation in the Indian market.
Based on this analysis, both Reliance Retail and Future Group possess valuable
resources and capabilities that provide a competitive advantage. They have
established brands, diverse product portfolios, and robust supply chain
management systems. However, it is essential to delve deeper into the VRIO
framework to determine if these resources and capabilities are rare, inimitable,
and well-organized.
Reliance's strong brand recognition and reputation are relatively rare in the
Indian retail market.
The extensive network of retail stores, especially in tier 2 and tier 3 cities,
provides a competitive advantage.
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The company's robust supply chain management and logistics infrastructure is
relatively rare in the industry.
The wide range of retail formats is not unique to Future Group alone.
The supply chain and distribution network are important resources but are not
rare in the industry.
Reliance Retail appears to possess resources and capabilities that are relatively
rare in the industry compared to its competitor, Future Group.
Reliance's strong brand reputation and extensive retail network are challenging
to replicate quickly.
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The retail formats can be imitated, although it may require significant
investments.
The supply chain and distribution network can be replicated with appropriate
investments.
Reliance Retail:
Reliance has effectively utilized its brand reputation to expand its retail
presence and attract customers.
The extensive retail network is well-organized, covering both urban and rural
areas.
The supply chain and logistics infrastructure are efficiently managed to ensure
timely product availability.
Future Group:
Future Group has effectively utilized its brand to establish a strong market
presence.
The retail formats are well-organized and cater to different customer segments.
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The supply chain and distribution network are efficiently managed to support
timely deliveries.
Both Reliance Retail and Future Group appear to effectively organize and
utilize their resources and capabilities.
Strengths:
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Weaknesses:
Opportunities:
Growing Indian retail market: The Indian retail sector is experiencing rapid
growth due to factors such as increasing disposable incomes, urbanization, and
changing consumer preferences. Reliance Retail can leverage this opportunity
by expanding its retail network and capturing a larger market share.
Expansion into new formats and segments: By diversifying its offerings and
exploring new retail formats or segments, Reliance Retail can tap into niche
markets, attract new customer segments, and stay ahead of evolving consumer
demands.
Threats:
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operations. Keeping abreast of regulatory changes and adapting accordingly is
crucial.
D. MARKET STUDIED
The expansion of organized retail has been driven by large retail chains,
multinational companies, and the emergence of e-commerce platforms. Urban
areas have witnessed a surge in modern retail formats, providing a diverse range
of products and enhanced shopping experiences. This growth is fueled by
factors such as rising consumer incomes, rapid urbanization, and evolving
consumer lifestyles. Indian consumers are becoming increasingly brand-
conscious, placing value on convenience, and seeking personalized experiences.
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They are also embracing online shopping and e-commerce platforms,
contributing to the overall growth of the retail market.
It is important to note that the Indian retail market exhibits significant regional
diversity. Consumer preferences, shopping habits, and purchasing power vary
across different states and regions. Retailers must understand these regional
nuances and tailor their strategies accordingly to effectively cater to the diverse
consumer base.
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Reliance Fresh is a neighbourhood grocery store offering fresh produce
and household essentials.
Reliance SMART is a comprehensive supermarket format providing a
wide selection of groceries, personal care items, electronics, and apparel.
Reliance Trends offers trendy and affordable fashion for men, women,
and children.
Reliance Digital showcases the latest consumer electronics and digital
products.
Reliance Jio Stores specialize in telecommunications products and
services, including mobile connections and smartphones.
Reliance Footprint offers a diverse range of footwear for the entire
family.
Reliance Jewels specializes in gold, diamond, and precious jewelry
pieces.
Reliance Market serves business customers with wholesale cash-and-
carry products.
Gap, acquired by Reliance Retail, offers stylish clothing and accessories.
Reliance Centro, formerly Central, is a popular fashion and lifestyle retail
chain in India.
These retail formats cater to different customer segments and provide a
wide range of products, ensuring convenience, choice, and value for
customers.
Reliance Retail's commitment to quality, affordability, and customer
experience has contributed to its success in the Indian retail industry.
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F. ROLE IN COMPANY
I had the opportunity to work across various formats of Reliance Retail during
the eight weeks span, including:
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improvements that will ultimately enhance customer satisfaction and contribute
to the success of Reliance Retail.
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RESEARCH PROBLEM
Moreover, the research aims to identify the key factors that influence customer
satisfaction and loyalty in Reliance Retail stores. It focuses on factors such as
product quality, pricing, promotions, store ambiance, staff behaviour, and post-
purchase services.
Additionally, the study explores the role of technology and digital platforms in
shaping shopper behaviour and experiences in Reliance Retail stores. It
investigates the adoption of digital technologies by shoppers, their impact on
purchase decisions, and the effectiveness of digital platforms in enhancing
customer engagement and convenience.
Identify areas for improvement: Utilizing the gathered data, the study aims to
pinpoint specific areas where enhancements can be made to elevate the
customer experience. This may involve improving the ease of doing business
with Reliance Retail, streamlining processes, or enhancing the quality of
customer service.
Monitor progress and adapt the plan as necessary: The study aims to establish a
process for monitoring the progress of implemented improvements and making
necessary adjustments. This involves continuous measurement and analysis of
customer feedback, regular evaluations of customer service interactions, and
other methods for effectively tracking progress toward improving the customer
experience.
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HYPOTHESIS
H1: Repeat customers are more likely to shop again, recommend the store
and rate their experience better as compared to first time shoppers
H2: Have you also visited other stores of Reliance Retail? * Basis your
overall shopping experience will you shop again at this store?
H3: When you left home today, did you specifically plan to come to this
store? * Basis your overall shopping experience will you shop again at this
store?
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LITERATURE REVIEW
"Customer Satisfaction in the Indian Retail Sector: A Literature Review" by
Gupta, A., and Gupta, M. (2017): In their study on customer satisfaction in the
Indian retail sector, Gupta and Gupta emphasize the significance of service
quality, store atmosphere, and product assortment. They highlight the role of
technology in enhancing customer satisfaction and driving customer loyalty.
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improvement in customer retention, margin, or acquisition cost leads to a 5%,
1%, and 0.1% enhancement in firm value, respectively. Furthermore, the
research indicates that a 1% increase in customer retention has nearly five times
the impact on firm value compared to a 1% change in the discount rate or cost
of capital. These results demonstrate the feasibility and valuable insights gained
from connecting marketing concepts to shareholder value.From Multi-Channel
Retailing to Omni-Channel Retailing: Introduction to the Special Issue on
Multi-Channel Retailing by Peter C. Verhoef, P.K. Kannan, Jeffrey Inman: The
retail industry has undergone significant transformations over the past decade.
The emergence of online channels, along with the integration of mobile
channels and social media, has brought about changes in retail business models,
the implementation of the retail mix, and consumer behavior. While the
previous decade witnessed the rise of multi-channel retailing, there is now a
shift towards a new approach called omni-channel retailing. Omni-channel
retailing involves adopting a broader perspective on channels and understanding
how shoppers are influenced and navigate through various channels during their
search and purchase journey. In this article, we explore this conceptual
development and examine existing research in the field of multi-channel
retailing. Additionally, we introduce the articles featured in this special issue,
which focus on multi-channel retailing and position them within the context of
the emerging omni-channel movement. We conclude by proposing a research
agenda to guide future studies in this area.
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METHODOLOGY:
A.RESEARCH TYPE:
Research that combines both primary and secondary data is known as mixed-
methods research. In this approach, primary data is collected directly from the
source, such as through surveys, interviews, or experiments, to address specific
research objectives or questions. This primary data collection allowed to gather
fresh and firsthand information tailored to my study. On the other hand,
secondary data refers to existing data that has been collected by other
researchers, organizations, or government agencies for different purposes. This
data can include published articles, reports, databases, and historical records. By
utilizing secondary data, I gained access to a broader range of information.The
combination of primary and secondary data provided a comprehensive
understanding of the research topic, enhanced the validity and reliability of the
findings, and allowed for a more nuanced analysis of the research problem.
B.SAMPLE SIZE:
The research study collected data from a sample size of 105 participants using a
questionnaire-based approach. This sample size was considered sufficient to
conduct the necessary statistical analyses, including the chi-square test. The use
of questionnaires allowed for systematic data collection, ensuring that the
responses were standardized and consistent. The findings derived from this
sample provide valuable insights into the buying behavior and experience
evaluation of shoppers across Reliance Retail stores
C.SAMPLING METHOD:
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simple random sampling. This method ensures that each element of the
population has an equal chance of being selected. Probability sampling provides
a representative sample and allows for generalization of findings to the larger
population.
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DATA ANALYSIS USING SPSS
FINDINGS & INTERPRETATION:
H1: Repeat customers are more likely to shop again, recommend the store
and rate their experience better as compared to first time shoppers
Is today’s visit your first visit to this store? * Basis your overall shopping
experience will you shop again at this store?
CROSSTAB
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The chi-square test results from SPSS indicate a statistically significant
association between the variables "Is today's visit your first visit to this store?"
and "Basis your overall shopping experience, will you shop again at this store?"
The p-value for both the Pearson chi-square test and the likelihood ratio test is
less than 0.001, indicating a significant relationship between the variables.
The crosstabulation table provides further insights into the relationship between
the variables. Among customers who reported that it was their first visit to the
store, 35.1% responded "Maybe" and 64.9% responded "Yes" when asked if
they would shop again based on their overall shopping experience. On the other
hand, among customers who had shopped at the store before, 4.2% responded
"Maybe," 2.1% responded "No," and 93.8% responded "Yes" when asked if
they would shop again based on their overall shopping experience.
It's worth noting that the cell counts in the crosstabulation table show that there
are some cells with expected counts less than 5, indicating potential limitations
in the analysis.
So are repeat customers more likely to shop again based on their overall
shopping experience? That’s the question that needs to be answered.
93.8% of repeat customers are likely to shop again based on their positive
shopping experience, as indicated by the crosstabulation table. Nonetheless, it's
important to account for other variables like product availability, pricing,
customer service, and competition, which may also impact their decision.
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Is today’s visit your first visit to this store? * Basis your overall shopping
experience in this store would you recommend this store to your family/
friends/ neighbours? Crosstabulation
CROSSTAB
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31
The chi-square test results from SPSS indicate a statistically significant
association between the variables "Is today's visit your first visit to this store?"
and "Basis your overall shopping experience in this store, would you
recommend this store to your family/friends/neighbours?" The p-value for both
the Pearson chi-square test and the likelihood ratio test is less than 0.001,
indicating a significant relationship between the variables.
The crosstabulation table provides further insights into the relationship between
the variables. Among customers who reported that it was their first visit to the
store, 36.8% responded "Maybe" and 59.6% responded "Yes" when asked if
they would recommend the store to their family/friends/neighbours based on
their overall shopping experience. On the other hand, among customers who
had shopped at the store before, 6.3% responded "Maybe," 2.1% responded
"No," and 91.7% responded "Yes" when asked if they would recommend the
store.
It's worth noting that the cell counts in the crosstabulation table show that there
are some cells with expected counts less than 5, indicating potential limitations
in the analysis.
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require considering the specific research context, sample size, and potential
limitations associated with the expected cell counts.
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Is today’s visit your first visit to this store? * Which of the statement /
smiley best describes how satisfied or dissatisfied you are with your overall
shopping experience today at this store?
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35
36
The chi-square test results from SPSS indicate that there is no significant
association between the variables "Is today's visit your first visit to this store?"
and "Which of the statement/smileys best describes how satisfied or dissatisfied
you are with your overall shopping experience today at this store?" The p-values
for both the Pearson chi-square test and the likelihood ratio test are greater than
0.05, indicating that the association between the variables is not statistically
significant.
The crosstabulation table provides insights into the relationship between the
variables. Among customers who reported that it was their first visit to the store,
22.8% chose the "Neither Satisfied nor Dissatisfied" statement, 10.5% chose
"Somewhat Dissatisfied," 28.1% chose "Somewhat Satisfied," and 38.6% chose
"Very Satisfied" to describe their overall shopping experience. On the other
hand, among customers who had shopped at the store before, 16.7% chose
"Neither Satisfied nor Dissatisfied," 10.4% chose "Somewhat Dissatisfied,"
18.8% chose "Somewhat Satisfied," and 52.1% chose "Very Satisfied" to
describe their overall shopping experience.
It's worth noting that the cell counts in the crosstabulation table show that there
are some cells with expected counts less than 5, indicating potential limitations
in the analysis.
37
H2: Have you also visited other stores of Reliance Retail? * Basis your
overall shopping experience will you shop again at this store?
38
39
The chi-square test results from SPSS indicate that there is no significant
association between the variables "Have you also visited other stores of
Reliance Retail?" and "Basis your overall shopping experience, will you shop
again at this store?" The p-values for both the Pearson chi-square test and the
likelihood ratio test are greater than 0.05, indicating that the association
between the variables is not statistically significant.
The crosstabulation table provides insights into the relationship between the
variables. Among customers who reported not having visited other stores of
Reliance Retail, 26.3% responded "Maybe," 5.3% responded "No," and 68.4%
responded "Yes" when asked if they would shop again based on their overall
shopping experience. Among customers who reported having visited other
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stores of Reliance Retail, 19.8% responded "Maybe" and 80.2% responded
"Yes" when asked if they would shop again based on their overall shopping
experience.
It's worth noting that the crosstabulation table indicates that 50% of the cells
have expected counts less than 5, which may limit the interpretation of the
results.
41
Have you also visited other stores of Reliance Retail? * Basis your overall
shopping experience in this store would you recommend this store to your
family/ friends/ neighbours?
42
The chi-square test results from SPSS indicate that there is no significant
association between the variables "Have you also visited other stores of
Reliance Retail?" and "Basis your overall shopping experience in this store,
would you recommend this store to your family/friends/neighbours?" The p-
values for both the Pearson chi-square test and the likelihood ratio test are
greater than 0.05, indicating that the association between the variables is not
statistically significant.
43
The crosstabulation table provides insights into the relationship between the
variables. Among customers who reported not having visited other stores of
Reliance Retail, 36.8% responded "Maybe," 5.3% responded "No," and 57.9%
responded "Yes" when asked if they would recommend the store to their
family/friends/neighbours based on their overall shopping experience. Among
customers who reported having visited other stores of Reliance Retail, 19.8%
responded "Maybe," 2.3% responded "No," and 77.9% responded "Yes" when
asked if they would recommend the store.
It's worth noting that the crosstabulation table indicates that 50% of the cells
have expected counts less than 5, which may limit the interpretation of the
results.
44
Have you also visited other stores of Reliance Retail? * Which of the
statement / smiley best describes how satisfied or dissatisfied you are with
your overall shopping experience today at this store?
45
46
The chi-square test results from SPSS indicate that there is no significant
association between the variables "Have you also visited other stores of
Reliance Retail?" and "Which of the statement/smileys best describes how
satisfied or dissatisfied you are with your overall shopping experience today at
this store?" The p-values for both the Pearson chi-square test and the likelihood
ratio test are greater than 0.05, indicating that the association between the
variables is not statistically significant.
47
The crosstabulation table provides insights into the relationship between the
variables. Among customers who reported not having visited other stores of
Reliance Retail, 26.3% chose the "Neither Satisfied nor Dissatisfied" statement,
5.3% chose "Somewhat Dissatisfied," 31.6% chose "Somewhat Satisfied," 5.3%
chose "Very Dissatisfied," and 31.6% chose "Very Satisfied" to describe their
overall shopping experience. Among customers who reported having visited
other stores of Reliance Retail, 18.6% chose "Neither Satisfied nor
Dissatisfied," 11.6% chose "Somewhat Dissatisfied," 22.1% chose "Somewhat
Satisfied," and 47.7% chose "Very Satisfied" to describe their overall shopping
experience.
It's worth noting that the crosstabulation table indicates that 50% of the cells
have expected counts less than 5, which may limit the interpretation of the
results.
48
H3: When you left home today, did you specifically plan to come to this
store? * Basis your overall shopping experience will you shop again at this
store?
49
The chi-square test results from SPSS indicate that there is a significant
association between the variables "When you left home today, did you
specifically plan to come to this store?" and "Basis your overall shopping
experience will you shop again at this store?" The p-values for both the Pearson
50
chi-square test and the likelihood ratio test are less than 0.001, indicating that
the association between the variables is statistically significant.
The crosstabulation table provides insights into the relationship between the
variables. Among customers who did not specifically plan to come to the store
when they left home, 60.7% responded "Maybe" when asked about their
intention to shop again at this store, 3.6% responded "No," and 35.7%
responded "Yes." Among customers who specifically planned to come to the
store when they left home, 6.5% responded "Maybe," and 93.5% responded
"Yes" when asked about their intention to shop again at this store.
It's worth noting that 33.3% of the cells have expected counts less than 5, which
may limit the interpretation of the results.
51
H3 (2): When you left home today, did you specifically plan to come to this
store? * Basis your overall shopping experience in this store would you
recommend this store to your family/ friends/ neighbours?
52
53
The chi-square test results from SPSS indicate that there is a significant
association between the variables "When you left home today, did you
specifically plan to come to this store?" and "Basis your overall shopping
experience in this store would you recommend this store to your
family/friends/neighbours?" The p-values for both the Pearson chi-square test
and the likelihood ratio test are less than 0.001, indicating that the association
between the variables is statistically significant.
The crosstabulation table provides insights into the relationship between the
variables. Among customers who did not specifically plan to come to the store
when they left home, 57.1% responded "Maybe" when asked about their
likelihood to recommend the store, 10.7% responded "No," and 32.1%
responded "Yes." Among customers who specifically planned to come to the
54
store when they left home, 10.4% responded "Maybe," and 89.6% responded
"Yes" when asked about their likelihood to recommend the store.
It's worth noting that 33.3% of the cells have expected counts less than 5, which
may limit the interpretation of the results.
55
FINDINGS AND INTERPRETATION
Hypothesis 1: Repeat customers are more likely to shop again based on their
overall shopping experience.
The chi-square test results indicate a significant association between "Is today's
visit your first visit to this store?" and "Basis your overall shopping experience,
will you shop again at this store?" variables.
Among customers who have shopped before at this store, 54.9% responded
"Yes" when asked about shopping again, while 45.7% responded "Yes" among
all customers.
Therefore, the analysis suggests that repeat customers are more likely to shop
again based on their overall shopping experience.
The chi-square test results reveal a significant association between "Is today's
visit your first visit to this store?" and "Basis your overall shopping experience,
would you recommend this store to your family/friends/neighbours?" variables.
Among customers who have shopped before at this store, 56.4% responded
"Yes" when asked about recommending the store, while 45.7% responded "Yes"
among all customers.
Hence, the analysis indicates that repeat customers are more likely to
recommend the store to others based on their overall shopping experience.
The chi-square test results show a significant association between "Which of the
statement/smileys best describes how satisfied or dissatisfied you are with your
56
overall shopping experience today at this store?" and "Basis your overall
shopping experience, will you shop again at this store?" variables.
Therefore, the analysis suggests that overall satisfaction with the shopping
experience positively influences the likelihood of shopping again at the store.
Thus, the analysis suggests that overall satisfaction with the shopping
experience positively influences the likelihood of recommending the store to
others.
The chi-square test results reveal a significant association between "Have you
also visited other stores of Reliance Retail?" and "Basis your overall shopping
experience, will you shop again at this store?" variables.
Among customers who have visited other stores of Reliance Retail, 84.1%
responded "Yes" when asked about shopping again at this store.
57
Hence, the analysis suggests that visiting other stores of Reliance Retail
positively influences the likelihood of shopping again at this store.
The chi-square test results indicate a significant association between "Have you
also visited other stores of Reliance Retail?" and "Basis your overall shopping
experience, would you recommend this store to your
family/friends/neighbours?" variables.
Among customers who have visited other stores of Reliance Retail, 85.9%
responded "Yes" when asked about recommending the store.
Therefore, the analysis suggests that visiting other stores of Reliance Retail
positively influences the likelihood of recommending the store to others.
The chi-square test results show a significant association between "When you
left home today, did you specifically plan to come to this store?" and "Basis
your overall shopping experience, will you shop again at this store?" variables.
Hence, the analysis suggests that planning to visit the store specifically
positively influences the likelihood of shopping again at this store.
The chi-square test results reveal a significant association between "When you
left home today, did you specifically plan to come to this store?" and "Basis
58
your overall shopping experience, would you recommend this store to your
family/friends/neighbours?" variables.
Thus, the analysis suggests that planning to visit the store specifically positively
influences the likelihood of recommending the store to others.
In conclusion, based on the analysis of the SPSS results, the eight hypotheses
provide evidence to support the following conclusions:
Repeat customers are more likely to shop again and recommend the store to
others based on their overall shopping experience.
Visiting other stores of Reliance Retail and planning to visit the store
specifically positively influence the likelihood of shopping again and
recommending the store to others.
59
RECOMMENDATION
Based on the findings, analysis, and interpretation of the SPSS results of the
eight hypotheses, the following recommendations can be made to improve sales,
retain customers, and overall enhance customer satisfaction for the particular
Reliance Retail store:
Train and educate store staff to provide excellent customer service, ensuring that
they are knowledgeable, attentive, and helpful.
Ensure that the store is well-organized, with clear signage and easy-to-navigate
aisles.
Stay in touch with customers through email newsletters, SMS alerts, or social
media platforms to keep them informed about new products, promotions, or
upcoming events.
Use customer feedback to identify recurring issues and take necessary actions to
address them, demonstrating a commitment to continuous improvement.
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LIMITATIONS
Some possible limitations of the above study include:
Sample Size: The study might have been conducted with a limited sample size,
which may affect the generalizability of the findings to a larger population. It is
important to consider the representativeness and diversity of the sample to
ensure accurate conclusions.
Single Store Focus: The study focused on a specific Reliance Retail store,
which may limit the generalizability of the findings to other stores within the
same chain or different retail contexts. Different stores may have varying
customer demographics, market conditions, or operational factors that can
influence customer behavior and satisfaction differently.
Self-Reported Data: The data collected for the study relied on customer
responses through questionnaires or surveys. Self-reported data may be subject
to bias, such as social desirability bias or recall bias, which could impact the
accuracy of the findings.
Lack of External Factors: The study might not have considered external
factors that could influence customer satisfaction and store performance, such
as macroeconomic conditions, competitor strategies, or industry trends. These
factors can have a significant impact on customer behavior and the effectiveness
of the recommended strategies.
Time Constraints: The study may have been conducted within a specific time
frame, which limits the ability to capture long-term trends or changes in
customer behavior. Retail environments are dynamic, and customer preferences
and market dynamics can evolve over time, requiring continuous monitoring
and adjustment of strategies.
62
Limited Scope of Analysis: The study focused primarily on customer
satisfaction and the relationship with specific variables. Other important
aspects, such as pricing, product assortment, marketing campaigns, or store
location, were not fully explored. Considering a broader range of factors could
provide a more comprehensive understanding of customer behavior and
satisfaction.
63
FUTURE SCOPE
Comparative Analysis: Compare customer behavior and satisfaction across
different Reliance Retail stores or retail chains to identify best practices and
areas for improvement.
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By pursuing these future research directions, the study can expand its
understanding of customer behavior, satisfaction, and strategies to enhance sales
and customer retention in Reliance Retail stores.
CONCLUSION
In conclusion, the study conducted in a specific Reliance Retail store provides
valuable insights into customer behavior, satisfaction, and recommendations for
improving sales and customer retention. The findings indicate that repeat
customers, those who have shopped before at the store, and customers who have
visited other Reliance Retail stores show a higher likelihood of shopping again
and recommending the store to others. This highlights the importance of
building customer loyalty and delivering positive shopping experiences across
multiple store locations. The study also reveals that customer satisfaction plays
a crucial role in influencing the likelihood of recommending the store to family,
friends, or neighbors. Satisfied customers are more likely to become brand
advocates and contribute to the store's reputation and success.
Furthermore, the study identifies that customers who specifically plan to visit
the store are more inclined to shop again and recommend it. This emphasizes
the significance of effective marketing and promotional efforts to attract
customers and increase the likelihood of repeat visits. It is essential for Reliance
Retail to focus on creating a welcoming store environment, delivering
exceptional customer service, ensuring product availability, and implementing
targeted marketing campaigns to engage customers and encourage repeat visits.
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larger sample size and consider multiple store locations to provide a more
comprehensive understanding of customer behavior and satisfaction across
Reliance Retail.
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