Professional Documents
Culture Documents
CUSTOMER MOTIVATION Ritik Aman
CUSTOMER MOTIVATION Ritik Aman
ON ”CUSTOMER
MOTIVATION”
AT PANTALOONS
For the partial fulfillment of BBA degree in Ranchi university
Submitted to
Mr. Shadab Ahmed
Submitted By
Ritik Aman Choudhary
Exam Roll. No.-18BC8670103
Session- 2018-21
Place:- Ranchi
2
Ref. No.: PAN/MD/0553/21 Date: 10/06/21
His conduct was satisfactory during the training. We wish him all the
best in his future endeavor.
Thanking you.
3
Bonafide Certificate
4
ACKNOWLEDGEMENT
Every student requires a guidance of someone who is working in that field.
Firstly I would like to thank Dr. Zeba (Principal of Doranda College Ranchi)
College, Ranchi and other faculty members of Doranda College. Their guidance
has proved to be useful and without them, the preparation of this project report
Last but not the least; I would like to thank my family for their support and
encouragement.
5
PREFACE
In this age of globalization hyper competition has become a regular
feature. Today the markets are no less than battleground and one has
to strive very hard for survival and growth.
Due to very rapid industrialization all over the world the demand for
the managerial personnel and the administrative personnel has
increased. The perfect study of Management involves both the
theatrical as well as practical aspects. To survive in this highly
competitive market “practical knowledge” is as relevant as the
theoretical.
6
INDEX
1. INTRODUCTION OF PANTALOONS………………………… 08
INTRODUCTION
YEAR EVENTS
2. 7 IMPACT OF CUSTOMER SERVICE ON CUSTOMER
MOTIVATION………………………………………………… 18
INVESTOR
TYPES OF CUSTOMERS
3. PANTALOONS AT RANCHI…………………………………… 23
PANTALOONS AT RANCHI
PANTALOONS PAYBACK GREEN CARD
PROCEDURE TO ISSUE PAYBACK GREEN CARD
A COMPELETLY FILLED UP PAYBACK GREEN CARD
BENEFITS OF PAYBACK GREEN CARD AT DIFFERENT LEVEL
PAYBACK GREEN CARD REQUIREMENT
4. INTRODUCTION TO THE TOPIC……………………………. 31
TOPIC INTRODUCTION
5. ANALYSIS OF PANTALOONS………………………………. 34
6. SALES PROMOTION DONE BY PANTALOONS………… 38
SALES PROMOTION
THINGS THAT ARE TAKEN CARE DURING SALE
7. KEY PERFORMANCE INDICATOR OF PANTLOONS… 45
8. CUSTOMER’S ANALYSIS………………………………………. 47
9. KEY LEARNING OF THE PROJECT………………………….. 52
10. FINDINGS OF THE REPORT………………………………….. 53
11. RECOMMENDATION………………………………………….. 54
12. CONCLUSION……………………………………………………. 55
13. BIBLOGRAPHY………………………………………………….. 56
7
INTRODUCTION
OF
PANTALOONS
8
INTRODUCTION
Pantaloons, the newly acquired business by the Aditya Birla Group, one of the
India’s leading multinational conglomerates, are a powerhouse of fresh fashion
and innovation .while weaving its magic across lifestyle segments, pantaloons
caters to the discerning and trendy Indian consumer .pantaloons apparel spell
comfort and elegance, combined with a ‘freshness’ that is unparallel. The style a
gamut of ready-to-wear western and Indian apparel for men, women and kids in
addition to accessories and exotic fragrances. With a strong national presence in
104 exclusive store, pantaloons houses over a 100 prestigious brands that
something fresh for everyone.
Aditya Birla Nuvo (ABNL) will pick up a majority stake in the new company. It
will subscribe to debentures amounting to Rs 800 crore issued by pantaloon in
the hived-off company. On completion of this process, the debentures will
convert into equity. The move is expected to reduce pantaloon’s huge debt
burden by Rs1,600 crore.
9
“for a format like pantaloon, which is end-to-end from design to delivery, there
is a tremendous potential. The focus in the next 12 months of transition is to
scale up the store network.
Pantaloon target in the short term is to open at least one store a month, although
we have a line of sight for 15 store.”
Pantaloons are targeting young customers in ‘Bharat’, who are entering the
consumption brigade. On the investment for the network expansion-per store,
including the real estate Its ability to offer affordable fashionable ethnic wear is
our strength to attract them.
Pantaloon has about 20-25 “power house brands “which could be develop into
standalone labels in future and even open independent outlets for them.
About 60-70% of the new store will be in smaller places. The firm opened its
flagship store in Chandigarh, and is targeting other place, including Dehradun,
Pune and Kalyan.
The change in ownership from future group will signal changes in the way
pantaloons operate. What Aditya Birla Group will bring is not only the financial
muscle but also the experience brands Aditya Birla Group is looking is to build
on the inherent quality of pantaloons, which is costing and affordability, the
ability of offer affordable fashionable items in a modern store format.
10
PANTALOONS EXCLUSIVE BRANDS
YEAR EVENTS:-
1987-
The company was incorporated on the 12th October, under the name Manz
private limited.
1991-
The company was converted into a public limited company under the name of
Manz wear limited on 20th September.
11
-The company name was changed to pantaloons fashion (India) limited vide
certificate of incorporation dated the 25th September.
-The company’s products are being marketed under the brands name
“PANTALOON” and “BARE NECESSITIES” through a network of over
300 dealers spanning the metro and class 1 city in the country.
1992
The company has successfully launched the “pantaloon “Trousers”, Shirts,
Denims, Sleep Suits, and other ready-made garments.
1993
The company recently made a public issue of 25, 55,000 equity shares of Rs
10/- each for cash at in May. The company has allotted 36, 57,100 Equity
Shares on 28th July in consultation with the stock Exchange Bombay.
1994
The company is launching a new brand of shirts called ‘John Miller’ at
affordable.
12
1995
Pantaloon Fashion (India) Limited has launched “john miller” shirts.
1996
Pantaloon Fashion (India) Ltd. has launched the Yorker to concende with world
cup.
1997
The company has launched women’s wear, children’s wear and household
products in the last few months.
1998
The company has introduced “Shrishti” range of Salwaar Kameez. The
company has also added knitted T-shirts to its range of products.
1999
The company opened a state-of-art family store at prestigious “Crossroads”,
Hajji Ali, and Mumbai, spread over an area of 4,500 sq. ft.
-The name of the company was changed with the approval of the members to
pantaloon retail (India) Ltd.
2000
13
The company shares transfer committee, have allotted 10, 00,000 No. of equity
shares of Rs.10/- each at a premium of Rs. 33/- per shares on private placement
basis to ICICI Ltd. A/c. structure products fund.
- The total paid up capital of the company is 1,25,19,413 No. of equity shares of
Rs. 10/- each ,ICICI Ltd. A/c structured products fund will be holding 7.99%of
the enhanced share capital
-pantaloon retail (India) Ltd. has launched stain free with Scotchgard, new range
of formal shirts and trousers.
2001
Retail major pantaloons has forged an alliance with Arvind Mills for the supply
of fabric and appear for its in-house brands.
-Issue of 4 million equity shares of Rs. 10/- each to the promoters of the
company on a preferential basis at a price as per SEBI guidelines
-pantaloon retail India ltd has informed that the board of Directors of the
company has allotted 40 lakh equity shares to the promoters and their associates
on preferential basis at a price of Rs.31.50 per share.
2012
Bangaluru welcomes “Next Generation” pantaloons store.
14
2013
Kishore Biyani’s pantaloon retail to be named as ‘future retail India ltd.’
post demerger.
-Pantaloon retail gains over 2% after govt. gets Maya boost in Rs.
Business
Pantaloons, one of the fastest growing, premium lifestyle apparel companies in
India is constantly innovating design, concepts and products by infusing the
latest trends in fashion and clothing style.
With a vast collection of more than a 100 prestigious brands for the discerning
fascinate, pantaloon offers an incredible and complete one –stop shopping
experience to its buyers the 81 aesthetically designed store s spread across the
country ,display a range of classy and trendy merchandise that truly lives up to
Pantaloons maxim of ‘fresh fashion’.
15
about ready-to-wear western and ethnic apparel for men, women and kids,
complimented with an exhaustive range of accessories
The women’s section houses private labels of Bare Denim, Bare Leisure, Rig,
Annabelle, Honey, and Agile in western
wear , in addition to a choice of ethnic wear from Rang Manch, Trisha and
Aakriti other popular brands like Lee Cooper ,Biba, Spykar and W are also
available.
The private labels for men in western wear including Lombard, Rig, Bare
Denim, Bare Leisure and JM Sports apart from trendy brands like Urbana,
Scullers, John Miller and Indigo nation while Aakriti provides a wide selection
of ethnic wear.
Kids can choose from private labels like Bare Denim, Bare Leisure, Rig or
including in exclusive brands like Lee Cooper juniors, Chalk, pink & blue and
such in addition to international brands like Barbie and Disney which cater
exclusively to kids. For the ethnic look, they opt for traditionally wear from
Aakriti.
Pantaloons offer much more than just apparel Customer can shop an assortment
of watches from renowned international brands like Tommy Hilfiger, Esprit,
Kenneth Cole, citizen and Timex, or titan and Fastrack among other brands.
Trendy sunglasses from Polaroid, Guess, Police, Scott, I Dee and Allen Solly
are available. The accessories and beauty segments display an attractive
collection of lady’s handbags from Lavie, Caprese, Fiorelli and Fastrack. Also
available are products from colour cosmetic brands of Bourjois, Chambor,
16
recognized by its warm personalized service that completes the core proposition
of this trendy chain.
INVESTORS
Pantaloons fashion & retail is unequivocally committed to all its stakeholders’
employees, customers, shareholders, investors, vendors and policy planners. At
pantaloons, every team member is encouraged to ensure that stakeholders
interests are uppermost.
Name of the stock Exchange on which Stock code assigned to the company
the company is listed
BSE 535755
NSE PFRL
Types of customer:-
17
Discount customers: they shop our store frequently, but make their
decisions based on the size of our markdowns.
PANTALOONS AT RANCHI
18
PANTALOONS AT RANCHI:-
Pantaloons at Ranchi are only 2.5 years old. It was inaugurated on 6th
November, 2013. It is situated at centre heart of the city. It is the centre of
attraction for Ranchi people. It is in about 37500sq ft. about 1500-2000
customers visit daily. Till now it has created almost 75000 of customers through
payback green card.
19
PROCEDURE TO ISSUE P.B.G.C CARD:-
Once the forms have passed through all the above stages they
are packed date wise for being dispatched to the zonal i.e. pantaloons
Mumbai.
20
A COMPLETELY FILLED-UP PAYBACK GREEN CARD FORM:-
21
BENEFITS 1 STAR 3 STAR 5 STAR 7 STAR
22
PAYBACK GREEN CARD REQUIREMENT:-
I. Activation
II. Redemption
III. Back date bill entry
IV. Edit any changes
V. Membership statement
23
PANTALOONS STORE PLAN, RANCHI
SPORT MENS
ETHNIC NON- FOOT MENS
SECTION FORMAL
WEAR APPAREL WEAR CASUAL
SECTION
SECTION SECTION SECTION SECTION
KIDS MELA
LADIES
SECTION SECTION
WESTERN
24
INTRODUCTION
TO THE
TOPIC
25
TOPIC INTRODUCTION:-
26
SECURITY- it is the customer feeling free from danger, risk or doubt
including physical safety, financial security and confidentiality.
TANGIBLES- are the physical evidence of the service, for instance, the
appearance of the physical facilities, tools and equipment used to provide
the service.
27
ANALYSIS
OF
PANTALOONS
28
STRENGTHS:
MARKET LEADER- Pantaloons is a market leader in Ranchi, as there is
no either such store with good ambience and good product to satisfy the
customers.
VALUES-
Commitment
Integrity
Passion
Seamlessness
Speed
29
STRONG BRAND NAME- Pantaloons is originated from one of the
leading group from retail sector i.e. future group. Thus, it will always
carry brand positioning with it name in the mind of the customer.
WEAKNESS:
No big warehouse specially for pantaloons.
High cost.
Lack of coordination between distributor and retailer.
Long procedure in decision making.
Sitting arrangement.
30
OPPORTUNITIES:
SPACE ON HIGHER ACTIVITIES- vacant place like pillar, lift area,
trial room door, escalators area can be used promotional areas for other
companies and revenue can be generated from it.
Brand extension can be planned, so that upcoming competition can be
faced.
THREATS:-
COMPETETORS- being number one means that you are the target of
competition.
GOVERNMENT RULES AND REGULATION
NEGATIVE CUSTOMER
LOCAL MARKET
THREAT OF NEW ENTRANT
31
SALES PROMOTION DONE BY PANTALOONS
SALES PROMOTION:-
The most important thing that comes under customer service desk is “Sales
promotion”. To make the customer aware about sales a store needs to do sales
promotion, without this there would be no benefit of organizing sales.
Until and unless the customers are informed about the offers in the
sales, they will not be attracted towards sales. If a store wants to increase its
sales during its sales period it needs to completely dispatch its sales offer to the
customers. The word sale does not attract the customers but the offer that the
sales contain in them plays a very vital role in attracting the customers.
TELLE-CALLING:
The first and the foremost thing in promoting sales is telle-
calling. Telle-calling also comes under the loyalty program of customer service
desk. Telle-calling refers to, making a call to the customers and informing them
about the sale and the offers that are under the sale. This teller calling is carried
out for the customers who own a payback green card. The customers are
regularly informed through teller calling bout the offers and the time period of
the offers.
32
Telle-calling is the most beneficial way in which a store can increase
its customer entry and sales.
PAPER ADVERTISEMENT:
Advertisement on paper proves to be very helpful in
spreading the information of sales to the public. As, it cover a wide area it
becomes a long distance advertisement medium. It also includes distributing of
pamphlets among the public. Through paper advertisement the store is able to
spread the news of sales widely.
STORE ANNOUNCEMENT:
Another important thing to take care of during sales period
is store announcement. Store announcement refers to reminding about the offers
33
to the customers in the store through announcement. These announcements are
done between loops of 5-10minutes.
34
CUSTOMER FEEDBACK:
Feedbacks are the best way to improve or initiate a
better plan or scheme. Customer feedback helps the store to check whether the
customers are satisfied with their products, services or offers. It helps them in
judging and planning out a better offer or scheme by which they can make more
and more customers.
35
EXIT SURVEY:
Survey is made during the sales period to have a measure that is
the sales promotion schemes working or not. These surveys are done by
approaching the customers in the store and asking them how did they come to
know about the sale?
Its is the best way to check whether the promotion plan are working
properly or not, or do these promotion plans needs to be modified and paid
more attention. This survey helps in summarizing the whole promotion plan.
36
KEY
PERFORMANCE
INDICATORS OF
PANTALOONS
NO. OF BILL * 100
TOTAL CUSTOMER
37
1) COVERSION =
TOTAL SALES
NO : OF BILL
2) TICKET SIZE =
TOTAL SALES
3) VALUE PER CUSTOMER =
NO : CUSTOMER ENTRY
TOTAL SALES
4) VALUE PER PIECE = TOTAL NO. OF SLLING QTY
38
CUSTOMER’S
ANALYSIS
39
1. What is the purpose of the visit to pantaloons Store Ranchi?
PARTICULARS RESPONDENT
Shopping 84
Outing 3
Both 13
Total 100
INTERPRETATION:
The above question was formed to know that, for
what purpose thee customer is taking entry into the store. It is observed
from the data that among the 100 respondents, 84% of the respondents
are comi9ngb for shopping purpose, whereas only3% are comi8ng for
outing purpose, and the rest 13% are having both the purpose of shopping
s well s outing.
Therefore we can infer that the almost customers are taking entry into the
store only to shop, but for several other reasons they are not able to make
purchase.
40
2) What is the frequency of visiting to pantaloons?
Weekly 12
Monthly 67
Semi-annually 17
Annually 04
Total 100
INTERPRETATION:
The objective behind this question was to know the loyalty of customers
for pantaloons. Frequency of visit of customers in pantaloons determines their
loyalty. Therefore, from above data it can be understood that 67% of the
customer visit pantaloons store in Ranchi on monthly basis, only 17% of the
respondents visit n half yearly basis, whereas 12% are weekly visitor. Thus, it is
clear that the customers re happy to visit in Pantaloons store and are loyal to
pantaloons. They re enjoying shopping t pantaloons.
41
PRTICULARS RESPONDENT
YES 54
NO 46
Total 100
yes
no
4) Are you aware of the benefit o the pay back green card?
PARTICULARS RESPONDENT
YES 62
NO 38
INTERPRETATION:
Answer of this question will give us idea about the effect of loyalty program
running in the store. From the former question, it clear that 54% respondent are
42
having p.b.g.c, but 46% are not having the p.b.g.c. Hence in the later question it
is also understood that only 38% of respondent do not know the benefit of the
p.b.g.c. Thus, we help them in knowing the benefits of the p.b.g.c and also made
their p.b.g.c membership card.
PARTICULARS RESPONDENT
YES 92
NO 08
Total 100
Series 1
100
90
80
70
60
50 Series 1
40
30
20
10
0
YES NO
43
INTERPRETATION:
The objective behind this question was to know one the most important factor
of 7p’s of marketing mix i.e. people. The effectiveness and well behavior of the
people are very much important for any retail store, and hence pantaloons,
Ranchi has very well groomed as well as polite staffs. When asked from the
customers, 92%of respondent are satisfied with the behavior and appearance of
the staffs.
6) Do staffs are more interactive and tells you about the offer and schemes
running in the store?
PARTICULARS RESPONDENT
SO0METIMES 41
FREQUENTLY 23
LWAYS 33
NEVER 03
44
Series 1
45
40
35
30
25 Series 1
20
15
10
5
0
sometimes frequent always NEVER
INTERPRETATION:
7) When the customers having problem do the managers and staffs shows
interest in solving them?
PARTICULARS RESPONDENT
Always 57
Sometimes 36
Never 07
45
Series 1
60
50
40
Series 1
30
20
10
0
always sometimes never
INTERPRETATION:
From the above data and graph it can be infer that 57% of the customers have
agreed that yes their problems always have been sort by staffs and managers,
whereas 36% of respondent has agreed that not always but sometimes it is being
heard.
PARTICULARS RESPONDENT
YES 66
NO 34
46
Series 1
70
60
50
40 Series 1
30
20
10
0
yes no
INTERPRETATION:
The objective behind this question was to know, whether the customers are
getting the proper sizes. This will help in retention of customers as well the
customer will not go to other store for the same product.
PARTICULAR RESPONDENT
Yes 66
No 29
47
Sales
yes
no
any other feedback
INTERPRETATION:
The former question was prepared only to know that whether the store is
providing all the details regarding shopping and payment clearly, and the data
here proves that the store is providing all the details in receipt.
48
KEY
LEARNINGS OF
THE PROJECT
49
My key learning’s are on various aspects. I learnt the overall functioning
of pantaloons store and on how the retail store works by controlling and
efficiently operating on them. I have learnt on the below mentioned area
of store.
SOP- standard operating procedure
CSD- customer service desk
Warehousing
Commercial
Cashiering
SOP
50
CUSTOMER SERVICE DESK:
1. Pay Back Green Card-
I. Activation
II. Redemption
III. Back date bill entry
IV. Edit any change
V. Membership statement
2. Alteration
3. Gift wrapping
4. Exchange counter
5. Lost and found register
6. In store announcement
7. Telephonic calls
8. Customer feedback form
9. Home delivery
WAREHOUSING:
Warehousing is one of the most crucial function of the retail store, s this
function is associated with the storage of materials and goods, inspection,
verification, putting away s well as retrieval of goods. Therefore, warehouse
should be according to the store size, it should not be less or more, a it incurs
cost to the company. Small warehouse store less number of stocks which creates
problem for the store. It performs the function of inward and outward of goods
from regional, central, as well s from main distribution centre.
51
REGISTERS THAT ARE MAINTINED IN THE
WAREHOUSE:
Vendor inward register
Vendor outward register
CDC, MDC inward and outward register
Non sale inward register
Non sale outward register
Scrap register
Returnable register
Tag inventory register
COMMERCIAL
Commercial department of pantaloons store performs one of the most critical,
tough, sensitive jobs in the store as it has to deal with all the commercial pat of
the company like cash transaction, card transaction, GVs, PRVs.
SALES TAX
purchase transfer
52
FINDINGS OF THE REPORT
53
CONCLUSION
Pantaloons, in these 45 days. I have learned the basics of modern retailing and
The overall findings of the project, was that Pantaloons being a leader in
customer service. I tried my level best to come with the proper reason and
54
RECOMMENDATION
The floor staff should be told to make the customers fill the payback green
card in proper alphabetical form.
The floor staffs should be informed that without concerning the tailor they
should not convey the delivery time to the customers.
The assets available at the customer service desk should be up to date and
free from defect.
55
BIBLIOGRAPHY
www.pantaloons.com
www.futuregroup.com
www.wikipedia.com
Times of India
Prabhat khabar
56