Professional Documents
Culture Documents
Sip Report Final 123
Sip Report Final 123
Sip Report Final 123
1
DECLARATION
I, Lokanath Dutta hereby declare that the project report of internship titled “A STUDY
ON SALES PROMOTION STRATEGIES ADOPTED BY PANTALOONS” is
uniquely prepared by me after the completion of one & half month internship at
PANTALOONS,D.N.REGALIA MALL,PATRAPADA,BBSR. I also confirm that the
report is only prepared for my academic requirement, not for any other purpose. It
might not be used with the interest of the opposite party of the corporation.
Name-Lokanath Dutta
UID-2206280079
Department - Masters ofbusiness administration
NIIS INSTITUTE OF BUSSINESS ADMINSTRATION.
2
ACKNOWLEDGEMENT
Signature
Name of the student: Lokanath Dutta
3
NIIS Institute of Business Administration
CERTIFICATE
4
Table of contents
Serial no CONTENT Page no.
1. Introduction 06
5. Competitor analysis 20
6. Customer analysis 23
7. Challenges faced by 26
pantaloons
8. Work actually done 28
during training period
9. Training experience 30
11. Conclusion 34
12. Reference 35
5
INTRODUCTION
6
iNTRODUCTION
8
Objectives of the Study
9
Chapter-i
Industry analysis
10
INDUSTRY ANALYSIS
The retail industry consists of all companies that sell goods and services to consumers.
There are many different retail sales and store types worldwide, including grocery,
convenience, discounts, independents, department stores, DIY, electrical and
speciality. The retail industry shows a steady growth year on year and employs a huge
number of workers worldwide, particularly with the growing popularity of online
retail.
The competitive nature of this fast-paced industry was especially pronounced during
the past few years. For 2022, retail outlets have been compelled to reconsider their
long-standing processes and tactics that have structured the sector for years. These
global changes in management and ways of thinking about supply chains for many
well-known brands only help prove how important retail sales are for the economy.
Retail trends
The retail industry is constantly evolving, and businesses must keep up with the latest
trend in consumer needs to stay ahead of the competition. A pricing tool helps
understand these trends, keeping ahead of the curve and satisfying customers‟
expectations.
Consumer Spending
Consumers want to combine the benefits of traditional shopping habits with the
convenience of using modern technology. Consumers may now be shopping online
using their tablets or smart phone. They could also be on the high street in a bricks-
and-mortar store.
Consumer appetite for retail sales has remained robust. As such, retailers must now
provide a hassle-free, seamless experience for the consumer to remain competitive
regardless of whether you are a market stall, part of the UK retail industry or a group
of internet retailers.
11
As consumers continue to spend money in the retail sector, it is important to know that
your brands are competitive and that the quality is robust. Retail organisations must
thus ensure that the quality of products is maintained throughout the supply chain.
Market Intelligence
Assosia offers a wide range of services to provide you with the comprehensive retail
analysis and insights you should have to ensure that your company remains a top
player. We will keep you abreast of any important, current industry changes and
insights so that you can continue to stay competitive.
Loyalty programmes
Customer loyalty programmes are increasingly popular since they can help boost sales
in countless ways.
They can help to increase customer retention rates and keep customers coming back to
your business. Additionally, they can encourage customers to spend more per
transaction, and they can also help you to attract new customers through word-of-
mouth and referrals.
Customer loyalty programmes can give you valuable insights into your customers‟
buying habits and preferences, which can help you to tailor your marketing and
merchandise strategies for maximum impact.
Online shopping
Although online shopping boomed during the COVID-19 lockdown, it has remained
an incredibly important factor in retail trends.
Shopping from the comfort of their own home gives consumers more choice and
convenience. They can shop around for the best prices and can find the products they
want without having to leave their chair. It can also benefit retail workers, as they have
more flexibility. This can even boost their productivity and boost your profit margins.
It makes it easy for retailers to track consumer behaviour and preferences. This
information can be used to tailor future marketing and sales strategies to meet
customer needs better and increase conversions.
12
Unlike other marketing methods, which are rooted in local markets, such as door-to-
door sales and market stalls, e-commerce gives retailers a global reach. It allows you
to sell to consumers in another country who may not have access to their brick-and-
mortar stores. Even if your head office is in the UK, you could have customers in the
US.
Sustainability
As many consumers are becoming more aware of the environmental and social impact
of their purchases, they are demanding more transparency from brands and
encouraging retailers to be more sustainable.
Sustainability is also becoming more affordable for retailers. The cost of sustainable
materials and technologies is dropping, making it more affordable for brands to
incorporate them into their products. Similarly, sustainable practices are becoming
more mainstream, as more businesses are adopting them in an effort to reduce their
impact on the environment.
13
Chapter-ii
Company ANALYSIS
14
CHAPTER-II
COMPANY ANALYSIS
15
COMPANY PROFILE
The company Limited company on September 25, 1992 the name was
changed to Pantaloons Fashions (India) Limited and the same time it
went public.
The company plans to increase the retail space under control from 2
lakhs in02 to more than 1 million square feet over the next 3 year to
emerge as a „Godzilla‟ of Indian Retail Industry.
16
ADITYA BIRLA GROUP
OUR VISION:
The vision of the Aditya Birla Group shall deliver Everything, Every where,
for Every Indian Consumer in the most profitable manner.
OUR MISSION:
We share the vision and vision and belief that our customer and stake
holder shall be served only by creation and executing future scenarios in the
consumption space leading to economic development.
2.2-PANTALOONS
COPORATE MISSION:
We share the vision and belief that by improving our performance through
innovation spirit and dedication, we shall serve our customer and stake
holders satisfactorily.
MAJOR MILESTONES:
17
Company Incorporated 1987-88
The Pantaloons Trouser 1967-88
India‟s first formal brand launched
BARE 1989-90India Jeans brand launched
John Miller 1993-94
Shirt inspired by American–Formal shirt in popular segment launched
Distribution of branded garments through multi-brand 1993-94retail outlets
across nation and export of garments .
The Pantaloons shoppee 1993-94Exclusive menswear store in franchisee
format launched across nation
Pantaloons 1997-98
India‟s family store launched.
SWOT ANALYSIS OF PANTALOONS
Strengths:
6. Pantaloons offers a wide range of cloths for men, women, and children
18
Weaknesses:
2. Too many option for customer hence high brand switching and low brand
loyalty
Opportunities:
4. Tie – ups with fashion institutes and even online brand can help increase
sales for Pantaloons
THREATS:
19
CHAPTER – III
COMPETITORS ANALYSIS
20
COMPETITORS ANALYSIS
All brands must be aware about their competitors so that they can know
about their Strength, Weakness, Opportunity & threat and also knows about
the strategy used by different brands. I have compared Pantaloons to his 3
competitors.
1. Reliance Trends
2. Max
3. Zudio
21
Strategy Value for By adding Attractive To provide the
adopted money contemporary products with latest fashion
for & take- enable reasonable at an
attracting features price. affordable
customer ranging from price.
self- checkout
counters to
electronics
self levels.
22
Chapter – IV
Customer analysis
23
CUSTOMER ANALYSIS
What our customer says about us:-
Dr. Neha
Hello friends, a store gives very good clothes to us, which keeps a collection of
different types of beautiful clothes and it is available everywhere, due to its
convenience, it becomes easy for us to collect better clothes.
Shruti Singh
I just love the way pantaloons stores are. I mean variety, versatility and of course it‟s
helping staff members to help us out in searching for the best outfit. Also, I love the
winters sale of pantaloons. It‟s my favorite store from accessories to shoes to
clothing‟s I am in love with everything. ? And if you are searching for good things to
buy like from A to Z then go to pantaloons in your city!
Subash Kumar
I purchased a jeans from pantaloons. The parking area is sufficient. There was a
separate parking area of cars and motorcycles. The ambience inside the pantaloons is
just awesome.The staff member of the pantaloons is very supportive and cooperative.
They will show you everything what you want inside the pantaloons.The store range of
the pantaloons is good. You will get all sizes and all types of new designed cloths here.
I purchased a jeans which is very awesome. You will get everything from small kid to
an old in pantaloons. There is a wide range of clothes and products.This is totally
usefulness of money if you purchase clothes from pantaloons. This provides you a
branded clothes and products.If you purchase a clothes then you wear at least 2 years
that clothes because the quality that provides the pantaloons is good.I recommend you
to please visit at least one time to pantaloons Bhubaneswar.
NirupamaMajhi
Pantaloons is product of best brand factory in Odisha. It is situated in Odisha capital in
Bhubaneswar.All types off brand collection you can got in. Fashionable men and
women you can find it. All the new fashion got arrival in session wise. Not only in
dress bt also you can find bag, ornaments, cosmetics, glasses, watch many more you
can find brand. So that I‟m thing that pantaloons is the best brand factory.
24
ParvKaushik
I have been visiting this place for too long and bought so many things which gave me
altogether a different look. Pantaloons is a place which allows you to buy anything and
everything at a single place which makes shopping even more interesting. It has
been too long since pantaloons is playing its part to provide a good customer service or
experience and thinks to them.
25
Chapter – v
CHALLENGES FACED BY THE
COMPANY
26
CHALLENGES FACED BY Pantaloons
First of all the biggest challenge faced now a days the online
shopping site like Amazon, Flipkart etc. they are providing
branded products as making the duplicate of the product
showing same as like branded products in lower price. So
customers are mostly preferred those products due to the busy
life schedule. They are giving door step delivery which is
suitable for all the customer without going anywhere they can
get their products at door step.
27
Chapter – vi
Work actually done
during training period
28
Work actually done during training period
I have successfully done my 45 days of Summer Internship Programme in
PANTALOONS, DN Regalia under the guidance of Branch Manager Mr. Binod Ku.
Sahoo.
I was assigned for men‟s wear section for selling products. Dealing with different age
group people. That time I was convincing them and telling about the brand and
attracting them to buy the product.
Strategies used for promotion of brand
1. Building awareness among the customer –
We are trying to reach a large number of people to aware about the brand
available in store for which we are calling our existing customer available
database.
5. Displaying the discounted items to the customer and convince them to buy –
Customers are more attracted towards the discounted items. So we have to show
the discounted items so that customer wants to buy from the store.
6. Called the existing customers to the available data base to promote the sales
and informing them the discounts and the membership to attract them to
the store
29
Chapter – vii
Training experience in
the organization
30
Training experience
First few days my guide told me to observe all the activities happened in the
store.
I learnt about the different brands available and strategies followed by the
PANTALOONS to attract different customers. Then I understood about
different segments on PANTALOONS. It‟s mainly deals with different
level and age group of customer from kids to old age.
Then I learnt about the sales persons presented their how they are dealing,
behavior and talking style with various customer. How they are dedicated to
get the profit for the store.
32
Learning outcomes
For attracting customers towards the brands of the PANTALOONS they are
giving discounts which is suitable for all level of customer.
They are maintaining good relationships with their existing customer and
also maintain good relationships with new customer by showing good
behavior to them and also handling them very calmly and coolly.
They are calling the existing customer on available database about the
discount available and prime membership (INSIGNIA).
33
CONCLUSION
34
REFERENCE
https://craft.co/pantaloons/competitors
https://blog.hubspot.com/sales/sales-strategy
https://www.similarweb.com/website/pantaloons.com/competitors/
35