Professional Documents
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Bachelor of Business Administration: Axis Institute of Higher Education
Bachelor of Business Administration: Axis Institute of Higher Education
Mohd. Arsalaan
Axis Institute of Higher Education (KN115)
Kanpur
CERTIFICATE
This is to certify that the Research Project Report entitled "Market Survey Report On
Marketing Strategies of Zudio and Pantaloons" is a bonafide work of Mr. Mohd.
Arsalaan student of BBA IV Semester. It has been done under my supervision for the
partial fulfillment of the requirement for the award of BBA degree from CSJM University,
Kanpur.
The study presented here has not been submitted earlier elsewhere. I am pleased to say that
the performance of the student during the period of report work was satisfactory.
Date:
STUDENT DECLARATION
Mohd Arsalaan
Batch 2021-2024
PREFACE
1. Introduction
2. Objective
3. Background
4. Overview of both companies
Brands
Product mix
Sales promotions
5. Literature review
6. Porter’s Five Forces Model
7. Swot Analysis
8. Research Methodology
9. Data Analysis and
Interpretation
10. Findings
11. Limitations
12. Conclusion
13. Bibliography
2.INTRODUCTION
ZUDIO
PANTALOONS
One’s a customer get inside the store he will find all kinds of products available that may
be Food item, Casual Wear, Formal Wear, Western Wear, Ethnic etc. So that the various
types of promotional schemes are offer by the retailers to attract customers Because of
these features it has a very good reputation in that area
andcustomerswhoareresidingfarawayandinotherareastheyalsovisitthestore.
..As customer’s tastes and preferences are changing, the market scenario is also changing
from time to time. Today’s market scenario is very different from that of
themarketscenarioofbefore10years.Therehavebeenmanyfactorsresponsibleforthe changing
market scenario. It is the changing tastes and preference of customer which has bought in
a change in the market. Income level of the people has changed; lifestyles and social class
of people have completely changed now than that of olden days, the shopping habits of
customers are also changed new generation people are no more dependent on that market
and far off departmental stores. Today we can see a new era in market with the opening up
of many departmental stores, hyper
Market, malls, branded retail outlets and specialty stores.In today’s world shopping is not
anymore tiresome work rather it’s a pleasant outing phenomenon now.
Industry Profile
The fashion industry in India is a rapidly growing sector, driven by increasing disposable
incomes, changing lifestyles, and an expanding middle-class population. The industry is
expected to grow at a CAGR of 9.7% between 2021 and 2026, according to a report by
ResearchAndMarkets.com.
The Indian fashion market is highly fragmented, consisting of both organized and
unorganized players. The organized players, which include large retail chains and fashion
brands like Pantaloons and Zudio, account for around 35-40% of the total market share.
The Indian fashion market is also highly competitive, with players competing on factors
such as price, quality, design, and customer service. The market is dominated by a few
large players, including Aditya Birla Fashion and Retail Limited (the parent company of
Pantaloons), Reliance Retail, and Future Group.
One of the key drivers of growth in the Indian fashion market is the increasing adoption of
e-commerce platforms by consumers. E-commerce has emerged as a major channel for
fashion retail, with online sales expected to account for around 35% of the total fashion
market by 2023.
In summary, the Indian fashion industry is a rapidly growing and highly competitive sector,
driven by increasing consumer demand, expanding middle-class population, and the
adoption of e-commerce platforms. In this context, Pantaloons and Zudio have adopted
unique marketing strategies to differentiate themselves and establish a strong presence in
the Indian fashion market.
3.Objectives
Retailer-Aretailercomesattheendofthesupplychainwhosellstheproductsinsmallquantities
totheendusersas pertheir requirement andneed.
Retail classification
• Retailindustrycanbebroadlyclassifiedintotwocategoriesnamelyorganizedandunorg
anizedretail.
RetailformatsinIndia:
• Departmentalstores:aregeneralretailmerchandisersofferingqualityproductsan
dservices.
5. Overview
PANTALOONS
Madura Garments began in 1988, was purchased by the Aditya Birla Group in 1999, and renamed
Madura Fashion & Lifestyle in 2010. Louis Philippe, Van Heusen, Allen Solly, and Peter England
are among the MFL brands.
In 1987, Pantaloon was incorporated as Manz Wear Private Limited. In the same year, the
company launched Pantaloons trouser. In 1991, Pantaloon launched BARE, the jeans
brand. The company made its initial public offer in the following year. It also started
Pantaloon Shoppe, a franchised menswear store across India in 1994. In the same year,
Pantaloon initiated distribution of branded garments through multi-branded retail outlets
throughout India. In 1995, it launched John Miller, the formal shirt brand. In 1997,
Pantaloon launched a family store, Pantaloons, in Kolkata, India.
Pantaloon Retail, the group operates over 12 million square feet of retail space in over 71
cities and towns and 65 rural locations across India. The group owns several leading
formats including Pantaloons, Big Bazaar, Food Bazaar, Home Town, Ezone and Central.
Pantaloons is among India’s largest chain of fashion stores. Pantaloons Fresh Fashion,
with its focus on ‘fresh and attitude’ offers, trendy and hip collections that are in sync with
the hopes and aspirations of discerning young and ‘young-at-heart’ consumers. All stores
have a variety of categories like casual wear, ethnic wear, formal wear, party wear and
sportswear for men, women and kids.
Pantaloons, a division of ABFRL, is one of India’s most preferred fast fashion destinations among
large retail format stores. Pantaloons has evolved into a progressive style partner for the fashion
seeking shopper by positioning itself as a spontaneous, playful, vibrant brand which is at the
forefront of all fashion trends across all categories viz. Women’s wear, Men’s wear, Kid’s wear,
Fashion Accessories and recently Home Products.
Pantaloons has pioneered Fashion Retail in India and has emerged as one of the strongest players
in the Market.
Brands
Mens:
Women:
Kids:
Product Mix:
NEW ARRIVALSWOMEN:
Jeans
WESTERN WEAR
Tees & Tops, Shirts & Blouses, Dresses & Jumpsuits,Dresses & Jumpsuits,Suits
&Blazers,
ETHNIC WEAR
INNER WEAR
ATHLEISURE
SLEEPWEAR
MASKS
• Sleepwear
• T-shirts
• JeansTOP WEAR
• T-shirts
• Casual Shirts
Formal Shirts
• Sweaters & Sweatshirts,Jackets
• BOTTOM WEAR
• Shorts
• Jeans
• Casual Trousers
• Formal Trousers
• Tracks & Joggers
ETHNIC WEAR
• Kurtas
• Pyjamas & Salwar
• T-Shirts
• Shirts
• Jackets
• Sweaters & Sweatshirts
• Shorts
• Jeans
• Tracks & Joggers
• Trousers
• Sleepwear
• Ethnic wear
• FOOTWEAR
GIRLS
• Sleepwear
• Ethnic wear
• FOOTWEAR
BABY
HOME DÉCOR:
DECOR
• Table Cloth
• PlacematBED
• Bath Mat
Bath Towels
• Face TowelsLIVE SAFE
• Face Shield
• Masks
BAGS
• Cross Body Bags
• Mini Bags
• Tote Bags
• Women Backpacks
• Clutches
• Women Wallets
• Men Wallets
MEN FOOTWEAR
• Flip Flops
• Sneakers
• Casual Shoes
WOMEN FOOTWEAR
• Ballerinas
• Flip Flops
• Sandals
• Heels
• Sneakers
• Casual Shoes
• Loafers
BOYS FOOTWEAR
• Sports Shoes
• Character Shoes
• Sandals
• Flip Flops
ZUDIO
Established in 1998 and part of the Tata group, Trent is headquartered in Mumbai but
has pan-India operations. Trent is one of the leading players in the branded retail
industry in India.
The company primarily operates stores across four formats, as below.
Westsideoffers an exclusive range of its own branded fashion apparel and is the mainstay
of the retailing business of the company. The company has already established 174
Westside stores across 90 cities.
Zudiooffers irresistible fashion at irresistible prices. The company has established 133
Zudio stores across 57 cities.
Star, is a fresh food and grocery retail chain, operating 60 stores across 7 cities.
Landmark,a family entertainment concept, operates through six independent stores and
retailed through select Westside locations.
Zudio is established since 1998 and is part of the Tata group, Trent Led. Zudio is a mass
market brand in the value format offering and a separate fashion destmation. The Zudio
stores have several departments to meet the varied shopping needs of
customers.
Retail giant Trent, best known for its Westside apparel stores in India has a new growth
engine. That is the apparel chain Zudio.
Launched three years ago by Trent, which is owned by the Tata group, Zudio now
contributes 13 per cent to Trent's overall revenue, sayretail analysts tracking the company
Jamshedpur: Noel Tata.
the half brother of Ratan Tata, is the chairman of Tata groups retail arm Trent Ltd that
operates stores under brands Westside. Zudio, Star Bazaar, Landmark.
Zudio is a fashion brand popular for men, women, and kid's apparel. The popular fashion
brand comes from the house of Tata Trend Ltd. Zudio has a presence in 29 cities in India.
The brand offers itresistible fashion at affordable prices.
In 82 major Indian cities under the Westside brand. Zudio - It offers affordable fashion
for men women and children. The company has established 115 stores across 12 cities.
Enjoy your purchases by using our Zudio Online Shopping Website on the checkout page
and get a 5% discount on your orders.
PRODUCT LIST:
Women
• TOP
• RIB TOP
• LOUNGE TOP
• TSHIRT
MENS :
• CHECKS SHIRT
• DENIM JACKET
• SWAET SHIRT
• PUFFER JACKET
• SHIRT
• SWEATER
ETHNIC:
• TSHIRT
• KURTA • TOP
KIDS:
• TSHIRT
• HOODIE
• CHECKS SHIRT
• SWEATSHIRT
FOOTWEAR:
• FLYKNIT SHOOES
SALES PROMOTION
• Promotionreferstoraisingcustomerawarenessofaproductorbrand,generatingsales,an
dcre atingbrandloyalty.Itisoneofthefourbasicelementsofthemarketmix.
There aremainlytwosalespromotions:
1 Consumer salespromotion
2 Tradesalespromotion
Salespromotionstargetedattheconsumerarecalledconsumersalespromotions.Salespromotio
nsta rgetedatretailersandwholesalerarecalledtradesalespromotions.
Objectivesofsales promotion
DevelopingsalespromotioncampaignFollowingfactorneedtobeunderstand
• Quantumoftheincentivestobeoffered(consideringitspossibleandexpectedbenefits)
• Durationofsalespromotionprogram
• Decidingtheleadtimeofsalespromotionpreparationandsellinduration(thedurationwit
hinwhichthetargetedsaleswillbeaccomplished)
• Timingof promotioncampaign
• Terms and conditionsofparticipationbytheprospective/existingcustomers
• Modeof distributionof incentives
• Budgetfortheentire salespromotionplan
AsapartofthestudywearefocusingontheConsumerSalespromotiontherearedifferent
methodsarethere.Themethodsare asunder
Methodsofconsumersalespromotion
price promotions are also commonlyknown as” price discounting “A consumer price deal
saves the buyer moneywhen a product is purchased. The main types of price deals
include discounts,bonus pack deals, refunds or rebates, and coupons. Price deals are
usuallyintended to encourage trial use of a new product or line extension, to
recruitnewbuyersforamatureproduct,ortoconvinceexistingcustomerstoincreasetheir
purchases, accelerate their use, or purchase multiple units. Price dealswork most
effectively when price is the consumer's foremost criterion or whenbrand loyalty is low
Another type of price deal is the bonus pack or bandedpack. When a bonus pack is
offered, an extra amount of the product is
freewhenastandardsizeoftheproductisboughtattheregularprice.Thistechnique is routinely
used in the marketing of cleaning products, food,
andhealthandbeautyaids tointroduceaneworlargersize.
Coupons: -
Frequentuser/loyaltyincentives:-Repeatpurchasesmaybestimulatedbyfrequent user
incentives. Perhaps the best examples of this are the manyfrequent flyer or user
schemes used by airlines, train companies, car hirecompanies etc.
Bonuspacks(%givenonextra)
Loyalty programs
Exchangeoffer
Luckydraw
6. Review of Literature
The purpose of this paper is to reveal some insights for increasing the effectiveness of
promotions. To achieve this purpose, first, the existence of multiple customer benefits
of promotions is proved. It is empirically validated that promotions deliver three
utilitarian (monetary savings, higher quality and shopping convenience) and two
hedonic (variety and pleasure) benefits to the customers. Second, a structural
equation model is estimated to measure the relative contribution of these benefits on
the customers’ overall evaluation of promotions. The research suggests that in order
to increase their effectiveness, promotions must be framed by focusing not only on
their primary benefits but also on all other benefits with a significant contribution to
customers’ attitudes towards promotions. Finally, a benefit-based segmentation is
conducted. Four market clusters are identified
(none-benefit, allbenefit, utilitarian-benefit and hedonic-benefit customer segments).
Further, these clusters are profiled using demographic and psychographic
variables.(Ivanova, 2014)
Kotler & Keller, 2009, in their treatise mention that satisfaction varies from one
person to another because it is utility. “One man‟s meal is another man‟s venom,” an
old age stated describing utility; thus highlighting the fact that it is sometimes very
difficult to satisfy everyone or to determine satisfaction among group of people
According to Peattie and Peattie, (1994); Lehman and Winer (2002) and Walsh
(2000) disputed that sales promotions can be indifferently described as „extraordinary
provisions. It is however disputed that sales promotion persuades accession of
amount of product than with no sales promotion(Chetna, 2020)
Increasing business prospect in retail has offered a chance to the retailers to build up
their business and enlarge customer’s foundation through promotional tactics.
Retailers are paying attention their efforts to enhance the loyalty and footfalls of
customers in the outlet (Moore M., Kennedy K. M. and Fairhurst A 2003). The aim of
this paper is to study the effects of sales promotional tools and understand the
satisfaction level of customers for execution of sales promotion campaign. Author
observed that sales promotion strategies are prime factor not only to improve the
sales of a store but also enhance the loyalty of customer towards store. According to
study, the most important sales promotion strategies adopted by customers are price
and product discount followed by loyalty program, sweepstakes and premiums. While
least important sales promotion strategies are posters and leaflets, point of purchase
material and digital signage. It was also observed that satisfaction level of customer
on sales promotion campaigns depends on creative skills involved in designing the
campaigns and the type of its schemes.(Katole, 2020)
Retail markets have been one of the most rapid growing markets in the world for the
last decade; to stay competitive, retailers use effective sales promotions tools and that
become a vital technique for marketers to stimulate consumer buying behavior
towards purchasing any product. The aim of this study is to determine the impact of
the most used tools of sales promotion in retail sector such as: coupons, sample, price
discount and buy one get one free on consumer buying behavior from two aspects;
brand switching and customer loyalty. This study based on literature review,
conceptual framework and hypothesis which open the door for future researchers to
expand more in this field.(Shamout, 2016)
India is continuously experiencing trade deficit for many decades. It is trying hard to
improve its exports. Government of India under the Ministry of Commerce has designed
several export promotional measures to give thrust to the export various sectors. Market
development assistance (MDA) is one such scheme designed by the government of India
to give impetus in developing and promoting exports. This study try to examine how this
scheme has helped in reaching the exporters and is it successful in helping them for
finding new export markets, buyers, attending more exhibitions, trade fairs, opening new
outlets, and increasing variety of products. Also, intend to understand the perception of
MDA beneficiaries under handloom and gems & jewellery sectors. Primarily the study is
focused on MDA and its impact on gems and jewellery, and handloom exports. The
analysis of MDA beneficiaries has shown how both gems and jewellery, and handloom
sectors are benefited by availing the MDA scheme. They state that, after availing the
MDA, it has helped to improve their performance. They were benefited by attending
exhibitions, trade fairs, buyer-seller meet and visiting number of listed countries. This has
helped them to increase in sales, up-gradation, finding new markets and improved
customer acceptance.(S., 2015)
This paper analyses the drivers of compulsive buying behaviour induced by store-based
promotion through an empirical investigation in Mexico. The buying behaviour in
reference to the point-of-sales promotions offered by retailing fi rms and the determinants
of sensitivity towards stimulating shopping arousal and satisfaction among customers in
order to build store loyalty have been discussed in the paper. This study also builds
arguments around the convergence of attractiveness of point-of-sales promotions and the
effectiveness of customer services as a tool for gaining a competitive advantage in the
retail business environment. The results indicate that point-of-sales promotional
programmes have become the principal tool of retailing in Mexico in order to acquire
new customers and retain loyal customers. We also found during the study that loyal
customers are attracted to the store brands during the promotional offers while new
shoppers are price sensitive and are attracted by the in-store ambience of sales
promotions and volume discounts.(Rajagopal, 2008)
The main objective of this research was to investigate the influence of sales promotion
and physical surroundings that is situational factor on consumer buying behavior. The
research found that there was no significant relationship between free samples, coupons
and buying behavior. On the other hand price discount, buy-one-get-one-free, physical
surrounding has a significant relationship with buying behavior. The results of regression
analysis show that price discount, buy-one-get-one-free and physical surroundings
explained 45.7% variance in buying behavior of the respondents. The results of this
research would assist marketers to understand the best kind of promotion tool that
significantly affect buying behavior of the consumers. The marketers can develop their
business plan more effectively through the result of this study and these plans help
businessmen and marketers to gain competitive advantage over their competitors and
enable the businesses to earn maximum profit.(Aslam, 2012)
In the current organized retailing scenario, the promotion strategies are becoming more
and more complicated as modifying in the buyer behavior. Because the main goal of any
organization is to make profit with the help of increase the sales and sales performance is
closely allied with promotion strategies. There is a complex phenomenon in shopping
mall regime that to enhance the level of customer satisfaction to retain them for long run.
Hence, malls are required to implement suitable marketing strategies to increase the
customer satisfaction level. The study has aimed to examine the promotion strategies of
shopping malls and how these strategies are contributing to enhance the level of customer
satisfaction. The primary data has been collected by using structured questionnaire from
218 respondents in southern Karnataka where the large number of shopping malls are
located namely Bengaluru and Mysuru cities. The collected data has been analyzed with
the help of appropriate statistical tools like mean, and standard deviation. The promotion
strategies like Buy 2 get 1 free offer given by the malls, exchange offers given by the
malls, announcement of attractive offers via Mic inside the malls, display board to bring
awareness about the offers, PriceMatch techniques via App, discount offers given by the
malls are evidenced mean value varying from 4.0333 to 4.1733. Keywords: customer
satisfaction, elements of promotion mix, role of promotion strategies, shopping
malls.(Umesha S, 2019)
7. PORTERS FIVE FORCES MODEL
Porter’s 5 Forces is an analytical model that helps marketers and business managers
look at the ‘balance of power’ in a market between different organizations on a
global level, and to analyze the attractiveness and potential profitability of an
industry sector.
• Competitive Rivalry
Markets with few competitors are attractive but can be short-lived. On the other hand,
highlycompetitive markets with many companies chasing the same work reduces your
power and can push you to lower your prices and innovate new products.
This pricing matrix is taken from ourBusiness marketing plan guide, as you can see, a
wide range of high value or low-value products are sold at a range of prices depending on
value added.
8 SWOT ANALYSIS
• Identify the strengths of your company's marketing plan. These could include brand
awareness or reach. Knowing your marketing plan's strengths gives you a
foundation on which to build and establish marketing practices that utilize those
strengths in the best ways possible.
• Identify your marketing plan's weaknesses. Perhaps brand awareness is one of your
marketing strengths but converting leads is a weak aspect of your marketing and
promotion. Knowing this weakness, you can put your energy behind finding
solutions to mitigate it.
• Identify marketing and promotional opportunities that you have not yet explored.
For example, perhaps your company already has a blog but has not yet utilized
social media to engage your potential customers. Identifying this opportunity for
new business gives you the ability to create actionable marketing objectives to
capitalize on this different medium.
• Identify threats to your marketing plan. A threat is anything that might make your
marketing plan difficult or otherwise hard to achieve. Examples of potential
marketing threats include competition, new technologies your company doesn't
have the expertise to utilize or changing consumer preferences. Knowing which
threats exist gives you the opportunity to alleviate those threats and position your
company for future success.
▪PANTALOONS SWOT ANALYSIS
The table below lists the Pantaloons SWOT (Strengths, Weaknesses, Opportunities,
Threats), top Pantaloons competitors and includes its target market, segmentation,
positioning & Unique Selling Proposition (USP).
9. RESEARCH METHODOLOGY
•Analysis and interpretation :- The total data was presented in simple tables, graphs
and percentage method was used for interpretation
❖Research Design:
Descriptive research focuses on presenting real and reliable facts to explain the
phenomenon. It is well suited to educational research. It describes statistics and features
about the population or phenomenon being examined, and is also known as statistical
research. However, it does not provide answers to questions such as how/when/why the
features developed, which are addressed by systematic research.
I'm using DESCRIPTIVE RESEARCH as my research design since it allows me to go
into greater detail about my topic.
A research design is a master plan or model for the conduct of formal investigation and
survey.
❖6 w’s:
Who:
This question is considering that who did Shopping from Zudio and pantaloons. They are
doing shopping by influence promotional scheme.
What:
When:
Why:
Why researcher’s obtaining the information from respondents? I was conducted for
under of Comparative study of effectiveness by promotional schemes Zudio and
Pantaloons.
Where:
How(way):
1. GENDER
GENDER FREQUENCY PERECENT
FEMALE 58 50
MALE 59 50
TOTAL 117 100
GENDER
50% 50%
FEMALE
MALE
Interpretation: Out of 117 responded 50% are male and 50% are Female.
2. Age
AGE FREQUENCY PERCENT
18-25 Year 75 64
26-30 Year 23 20
31-40 Year 12 10
40 Year Above 7 6
TOTAL 117 100
AGE
6%
10%
18-25
20%
26-30
64%
31-40
40 Above
Interpretation: Out of 117 responded Majority people age are 18-25 year and second
highest between 26-30 year youngster responded to do shopping from zudio and
pantaloons
3. Occupation
Occupation
10%
4%
Student
30% 56% Job
Homemaker
Professional
Interpretation: Out of 115 responded 56% are are Students and second highest
responded doing job are 30% .
4. MONTHLY INR:
MONTHLY INR*
9%
7%
Interpretation: Out of 110 responded Monthly income are less than 20000
and second highest responded income in between 20000-50000.
5. How frequently do you visit a store?
FREQUENTLY VISIT
18%
31%
ONCE IN A MONTH
ONCE IN 2 MONTH
28%
ONCE IN 3 MONTH
23%
TWICE IN A YEAR
SPEND AS EXPENSE
11% 18%
14%
BELOW 1500
1500-3000
3100-4500
57% 4500 ABOVE
Shopping Behaviour
18%
YES
NO
82%
ADV POWERFUL
34%
ZUDIO
66%
PANTALOONS
23%
YES
NO
77%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
ZUDIOPANTALOONS
Change Pattern
24%
YES
76% NO
IMPULSE BYUING
27%
YES
73% NO
o Zudio and Pantaloons mainly deal with middle income group people
who want qualitative products with reasonable cost.
o The study was restricted to only doing shopping from zudio and
pantaloons.
o The result and analysis based on the customer survey method and small
sample size has taken only 117.
Pantaloons, with its premium range of clothing and accessories, has positioned itself as a
brand that offers high-quality products at affordable prices. The company's marketing
strategy focuses on creating a strong brand image through its advertising campaigns, social
media presence, and collaborations with popular fashion designers. Pantaloons has also
been successful in expanding its reach by opening stores in tier 2 and tier 3 cities, targeting
the growing middle-class population in these regions.
On the other hand, Zudio has adopted a more value-driven approach to cater to the mass
market. The brand offers trendy and fashionable clothing at incredibly affordable prices,
making it accessible to a wider audience. Zudio's marketing strategy focuses on creating a
strong online presence through its e-commerce platform, social media campaigns, and
influencer partnerships. The brand has also been successful in leveraging its parent
company's extensive supply chain network to keep its prices low and offer a wide range of
products to its customers.
In conclusion, both Pantaloons and Zudio have adopted unique marketing strategies to cater
to their respective target audience. Pantaloons has established itself as a premium brand
that offers high-quality products at affordable prices, while Zudio has positioned itself as a
value-driven brand that offers trendy and fashionable clothing at incredibly affordable
prices. Despite the difference in their brand positioning, both brands have been successful
in capturing a significant share of the Indian fashion market, and their marketing strategies
have played a crucial role in their success.
13. BIBLOGRAPHY