Professional Documents
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CONSUMER BEHAVIOUR
A report submitted to Delhi Business School, New Delhi
as a part fulfillment of Full time industry integrated
MBA + Post Graduate Program in Entrepreneurship &
Business.
Submitted By:
Name of Student:
Vishal Singh
(BBE/4501/13)
L. Ganesh Krishna
(BBE/4526/13)
Ashit Saxena
(BBE/4540/13)
Utkarsh Verma
(BBE/4543/13)
ACKNOWLEDGEMENT
I would like to acknowledge and extend my heartfelt
gratitude to the following persons who have made the
completion of this possible project:
Our Dean,DR.Devendra Pathak,for his encouragement
and support.
Dr.Ravi Prakash, my project mentor , for
understanding and assistance, assisting in
collection of the topics for the project.
his
the
DECLARATION BY STUDENT
I hereby declare that the mentioned information in the
project is correct up to my knowledge and I bear the
responsibility for the correctness of the mentioned
particulars.
TABLE OF CONTENTS
Contents
Pages
1. Introduction
a. Segmentation .27
b. Targeting ..28
c. Positioning ...29
d. Marketing mix .31
e. Retail mix ..35
f. Promotion mix 36
1. INTRODUCTION
.
RETAIL INDUSTRY
In the Indian retailing industry, food is the most dominating
sector and is growing at a rate of 9% annually. India retail
industry is progressing well and for this to continue
retailers as well as the Indian government will have to
make a combined effort. The branded food industry is
trying to enter the India retail industry and convert Indian
consumers to branded food. Since at present 60% of the
Indian grocery basket consists of non- branded items.
India retail industry is expanding itself most aggressively;
as a result a great demand for real estate is being created.
Indian retailers preferred means of expansion is to expand
to other regions and to increase the number of their
outlets in a city. It is expected that by 2010, India may
have 600 new shopping centers.
The Indian retail market, which is the fifth largest retail
destination globally, according to industry estimates is
estimated to grow from the US$ 330 billion in 2007 to US$
427 billion by 2010 and US$ 637 billion by 2015.
Simultaneously, modern retail is likely to increase its share
in the total retail market to 22 per cent by 2010.
Continuing the robust growth of the organized retail in
India, according to the Credit Rating and Information
Services of India, the industry raked in US$ 25.44 billion
turnover in 2007-08 as against US$ 16.99 billion in 200607, a whopping growth rate of 49.73 per cent.
"The story is not about us, but this story is about the
people who visit our stores. This is a proud moment for
India."
One of the biggest retail here in India we know is Kishore
Biyanis big bazaar. The company ended 2007-08 with
Rs5048crore in revenue. Biyani's and Big Bazaar's, march
comes at a time when several new retailers are slowing
expansion, reducing the number of outlets, effecting
layoffs, even exiting the business.
By 2011, he claims, there will be 300 Big Bazaars, and
Pantaloon Retail (India) Ltd, his flagship, will have
revenue of Rs13000crore.
Thus here we will know about the company profile,
operations and also about the consumer behavior towards
the schemes, discount, etc which are offered by the store
to facilitate customers.
10
The research objectives of this project are:a. Marketing activities and operational activities are always
driven with an aim of getting sale increased with innovate
ideas. Offers are designed in such a manner that customers
are made to go and experience the shopping.
Marketing also gives some offer to increase the bill size, taking
in consideration the on going fashion in vogue.
b.
Marketing
Strategies
targeting
the
customer:
Advertising Strategy Understanding the media consumption
habits of the customer.
11
3. RESEARCH METHODOLOGY
3.1. SOURCE OF DATA
a. SURVEY METHOD
Data are usually collected through the use of
questionnaires. The data is collected by mean of
simple survey done in the retail store of the customers.
b. CROSS-SECTIONAL SURVEYS
Cross-sectional surveys are used to gather information on a
population at a single point in time.
The customers were surveyed to find out their consumption
behavior for the products in various schemes.
A different cross-sectional survey questionnaire might try to
determine the relationship between two factors, like
religiousness of parents and views on Internet filtering.
12
b. PROJECTIVE TECHNIQUES
13
14
15
4.3. ABOUT US
16
17
18
together
4.8. a. SEGMENTATION:
Segmentation involves finding out what kinds of
consumers with different needs exist. In the auto
market, for example, some consumers demand speed
and performance, while others are much more
concerned about roominess and safety. In general, it
holds true that You cant be all things to all people,
and experience has demonstrated that firms that
specialize in meeting the needs of one group of
consumers over another tend to be more profitable.
Several different kinds of variables can be used for
segmentation:1. Demographic variables essentially refer to personal statistics
such as income, gender, education, location (rural vs. urban,
East vs. West), ethnicity, and family size. Campbells soup, for
instance, has found that Western U.S. consumers on the
average prefer spicier soupsthus, you get a different product
19
in the same cans at the East and West coasts. Facing flat
sales of guns in the traditional male dominated market, a
manufacturer came out with the Lady Remmington, a more
compact, handier gun more attractive to women. Taking this a
step farther, it is also possible to segment on lifestyle and
values.
2. Some consumers want to be seen as similar to others, while
a different segment wants to stand apart from the crowd.
3. Another basis for segmentation is behavior.
Some
consumers are brand loyali.e. they tend to stick with their
preferred brands even when a competing one is on sale. Some
consumers are heavy users while others are light users. For
example, research conducted by the wine industry shows that
some 80% of the product is consumed by 20% of the
consumerspresumably a rather intoxicated group.
4. One can also segment on benefits sought, essentially
bypassing demographic explanatory variables.
Some
consumers, for example, like scented soap (a segment likely to
be attracted to brands such as Irish Spring), while others prefer
the clean feeling of unscented soap (the Ivory segment).
Some consumers use toothpaste primarily to promote oral
health, while another segment is more interested in breathe
freshening.
4.8. b. TARGETING:
1. In the next step, we decide to target one or more segments.
Our choice should generally depend on several factors:First
How well are existing segments served by other
manufacturers? It will be more difficult to appeal to a segment
that is already well served than to one whose needs are not
currently being served well.
20
Secondly
How large is the segment, and how can we expect it to grow?
Thirdly
Do we have strengths as a company that will help us appeal
particularly to one group of consumers?
21
PRODUCT:
22
23
PLACEMENT:
Placement under marketing mix involves all company
activities that make the product available to the targeted
customer
while planning placement strategy under
marketing mix analysis, companies consider six different
channel decisions including choosing between direct
access to customers or involving middlemen, choosing
single or multiple channels of distributions, the length of
24
Customer
Solution
Price
Customer
Cost
Placement
Convenience
Promotion Communication
25
26
4.10. COMPETITORS
Big bazaar operates in a competitive environment. For each
line of business, they face competition from established
national and regional companies. In the fashion segment, they
probably face competition from Shoppers Stop, Trent and
Lifestyle. The hypermarket business is relatively new, being
just about three to four years old in the country. Big bazaar
faces competition from the likes of RPG (Spencers), Trent
(Star India Bazaar) and with Shoppers Stop too indicating their
entry into the hypermarket segment. In the Food business, Big
Bazaar faces competition from Subhiksha, Food World to name
a few.
27
a. RPG GROUP:
b.KRAHEJAS
DEPARTMENTSTORE
CHAIN:
c.SUBHIKSHA
SUPERMARKET:
28
five years.
29
d. RELIANCE RETAIL:
Investing
Rs.30000
crore
($6.67 billion) in setting up
multiple retail formats with
expected
sales
of
Rs.90,000 crore-plus ($20
billion) by 2009-10.
e. LIFESTYLE:
f. PIRAMYD RETAIL:
g. TATA GROUP:
Star
Bazaar over the next five
30
years.
Tata Ceramics Limited,
which manufactures a wide
range
of
ceramic
products like
flatware ceramics
(Dinner
plate,
Dessert
plate,
Saucer) and hollowware
ceramics (Vegetable Dish,
Oatmeal,
Sugar
Pot,
Creamer, Coffee/Tea Cups
and Pots, Salad Bowl etc.)
in plain as well as fluted
shapes, under the brand
name of CERA, launched its
first exclusive branded store
in Pune . Tata Ceramics,
which achieved sales of Rs
35crore last year, is looking
at adding another Rs 12
crore from domestic sales in
the next two years.
31
32
33
34
c. Occupation:1. Student: 20
2. Business: 38
3. Service: 27
2. Unmarried: 16
35
36
f.
1. Bicycling/running: 1
2. Dieting: 25
3. Crafts: 5
4. Foreign travel: 15
5. Gourmet/fine food: 45
6. Fashion clothing: 40
7. Bible/devotional reading: 12
8. Physical fitness/exercise: 69
9. Stereo/records and tapes: 14
10. Art/antiques: 8
11. Outdoor gardening: 35
12. Wildlife/environment issues: 40
13. Health foods/vitamins: 70
14. Money making opportunities: 50
37
38
39
40
41
b.
Store
atmosphere
appealing:-
and
decor
are
1. Strongly Agree: 29
2. Agree: 40
3. Disagree: 21
42
43
44
45
46
47
3. Disagree: 15
4. Disagree Strongly: 15
5. Very Strongly Disagree: 2
48
49
50
51
7.
GENERAL
SURVEY
AND
BEHAVIOR ANALYSIS FOR
SCHEME OF PACK OF TWO
a.
CONSUMER
THE NEW
biscuits
52
53
54
55
CONCLUSION
Maggi showed a good response day by day but those like
Chili Chow, Lemon masala, Rice shahi pulao was not
up to satisfactory demand.
Mtr Badam drink, Gulab jamun, Rava idli, Dosa mix were
less in demand may be due to season.
Mtr Payasam kheer showed outstanding demand.
Parle hide n seek (100g), Digestive, Bourbon, krack jack
were in good demand in families. These were like
combination of chocolate, lite, salty biscuits.
Digestive was preferred by health conscious customers
mainly.
Britannia Jim jam and Bourbon were preferred by children,
and pista, butter; cashew also provided a great choice in
ready to eat section.
Nestle chocolates Kit Kat of 34g, 99g were in good
demand.
Red label tea nature care ct 2*250g, Tata tea gold and
premium 2*500gm should continue because their
demand was increasing slowly.
Bikano Alu Bhujia and Bikaneri bhujia should be continued
as affordable prices for all customers. It is competing
Haldiram and many local made, so it will take some
time for it to raise a remarkable demand.
56
57
8. CONCLUSION
If this project proves to be of any usefulness to the reader then
I will be very proud of it, that all the hard work done by my
faculty and me has been fruitfull.
Above all, I hope to have shown my reader that the
answer of their questions on the working of the company
and its maketing stategies which made it a retail giant and
capture the big part of the market . how ever it is difficult to
know about a company but training provided to me helped
me a lot to know the retail store and consumers behavior
to a great extent. i came to know how a consumer reacts
to every action made by retail to pursue them with their
promotional and marketing strategies.
This project helped me to clear my else doubts and step
over the boundaries of confusion and querries with
58
9. BIBLOGRAPHY
BOOKS:
KOTLER PHILLIP,KELLER KELVIN
Marketing Management, Pataparganj, Delhi, Dorling
Kindersley(India)Pvt.Ltd , 2007,
74 to 80, 164 to 170, 200 to 203, 205 to 208,231 to
236, 245 to 264.
KUMAR ARUN AND MEENAKSHI N
Marketing Management, Naraina, New Delhi, Excel Books
Pvt. Ltd.,2008, 11 to 14,29 to 31, 70 to 75, 82 to 98,
103 to 104,112 to 115, 126 to 128, 218 to 229, 232
to 233.
INTERNET:
www.yorku.ca/rkenedy/critical_skills/student/nick_ashby_p
pt_prestns/how_to_write_an_introduction.ppt+how+to+writ
e+introduction&hl
www.livemint.com/Big-Bazaar-plans-to-open-15-st.
59
www.financialexpress.com/news/Future-Group-to-hive-offBig-Bazaar/
www.fibre2fashion.com/face2face/pantaloon/kishorebiyani
.asp
www.thehindubusinessline.com/iw/2005/12/25/stories/
http://www.domainb.com/companies/companies_f/future_group/20080930_fu
ture_group
10. ANNEXTURE
Annexure
SURVEY QUESTIONNAIRES
1. Tick the option you fall in:a.
b.
c.
d.
e.
women
children
youngsters
men
old age
yes
no
3. Marital status:-
60
a.
b.
married
unmarried
4. Occupation:a.
b.
c.
d.
students
business
service
others
5. Income group:a.
b.
c.
d.
0-10,000
10,000-15,000
15,000-20,000
more than 20,000
single family
joint family
bachelor
others
every day
more than once in a week
once a week
61
a.
b.
c.
strongly agree
agree
disagree
very good
good
average
strongly agree
agree
disagree
very good
good
average
very attractive
attractive
average
62
a.
b.
c.
d.
e.
reference group
newspapers
sales promotions
pamphlets distributed
paging in store
yes
no
no comments
strongly agree
agree
disagree
63
21. ACT II
1.
2.
64
3.
4.
5.
6.
Amul butr(500g)
Butr lite(500g)
Cheese chiplet(200g)
Cheese lite(500g)
Cheese slice(200g)
Cheese tn(400g)
Lite spread tub(200g)
23.BAMBINO
1.
2.
3.
4.
5.
6.
7.
8.
Macroni (900g)
Macroni elbow (450g)
Pasta penne (500g)
Pasta spiral (500g)
Vermicelli macr elstx (950g)
Vermicelli roasted (950g)
Vermicelli sc (1kg)
Vermicelli sc ( 450g)
65
3.
4.
5.
6.
7.