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    Improving Retail Sales Through Effective CRM

    INSTITUTE OF MANAGEMENT AND ENTREPRENEURSHIP

    DEVELOPMENT

    2ND MARCH,2013

    CERTIFICATE

    This is to certify that, the work embodied in the field survey report entitled BIG

    BAZAAR (the retail industry) has been, carried out by ROHIT MOHOD under our

    supervision for reports on for the degree of Master of Business Administration.

    Dr. M.D.KAKADE

    ( PROGRAM DIRECTOR )

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    DECLARATION

    I Rohit mohod confirm that this work submitted for assessment is my original work and is,

    expressed in my own words. Any uses made within it of the works of other authors in any

    form (e.g. ideas, equations,figures,text,tables) are properly acknowledged at the point of their

    use. A full list of the references employed has been included. We also declare that this

    project report has not been submitted anywhere in any form for the partial fulfilment of the

    award of degree. We understand that our project report may be , made electronically to the

    public.

    Signature of the student

    ROHIT MOHOD(19)

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    ACKNOWLEDGEMENT

    We are thankful to Dr. Sachin S. Vernekar, Director , IMED,pune for providing all

    the necessary requirements and for his moral support for this dissertation work as well during

    the course of MBA. I am also thankful to, Program Director IMED, Pune for his honest

    dedication towards our education and career and for being with us in various levels of

    academic pursuits.

    In this report, I was greatly assisted, inspired by my mentor and supervisor without

    them, the completion of this project was almost impossible. With great reverence, I

    acknowledge them for providing me an environment to involve as an independent researcher.

    Their constant encouragement and affection gave me courage to tackle the failure days,

    which is inevitable in a researchers life.

    Our primary thanks goes to Dr. M D KAKADE for his deep commitment &

    guidance. We are also grateful to Dr Kirti Gupta and all facultiesin for their support and

    motivation throughout my project work. It is my pleasure to thank all the people who helped

    to turn this project a success. I am also very thankful to ALL CLASSMATE and my

    colleagues for their support.

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    INDEX

    S.NO. CONTENT PAGE NO.

    1. Executive Summary 42. Introduction

    2.1. Objectives

    2.2. Hypotheses

    2.3. Purpose

    2.4. Methodology

    2.5 Limitations

    5-10

    3. Company profile

    3.1. Organisation chart

    3.2 Board of directors

    3.3 Company profile

    3.4 Awards and recognitions

    3.5 Literature of overview

    11-18

    4. Theoretical aspects of the survey 19-33

    5. Analysis and interpretation of data 34-35

    6. Findings,suggestions and conclusions 36

    7. Bibliography 37-38

    8. Annexure 39-45

    9.Remarks

    46-50

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    Chapter 1

    INTRODUCTION OF THE SURVEY

    1.1 EXECUTIVE SUMMARY

    1.2 INTRODUCTION OF THE STUDY

    1.3 OBJECTIVES OF THE STUDY

    1.4 HYPOTHESS

    1.5 PURPOSE OF STUDY

    1.6 METHODOLOGY

    1.7 SCOPE OF THE STUDY

    1.8 LIMITATIONS OF THE STUDY

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    1.1 EXECUTIVE SUMMARY

    The project undertaken at Big Bazaar, Belgaum is about

    studying the relationship between consumers. The entitled

    ROLE OF CRM INCREASING RETAIL SALES.

    Customer Relationship Management is the important task for

    most of the entrepreneurs for their business purpose towards

    customer. Now the entrepreneurs activity have come from

    product centric to customers centric.

    There are three main elements to customer when aligning

    Retailer towards a customer relationship format. The first is todo with retention. Image that you were newer to gain another

    new customer, this would probably be horrifying thought for

    most businesses, but when you considered it carefully you

    would realise that if you just kept the customers that you have

    than would probably be able to grow and prosper in much the

    same way as now. There are course exceptions. Most

    businesses only get a small percentage of the share of each of

    their customers. This Leaky bucket effect is not only expensive;

    it is also reasonably unmotivating for the staff who have to

    serve these customers.

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    The Second element is to develop customer potential: turning

    that one off infrequent casual customer into a higher spending,

    more frequent referring advocate.

    Third element of customer relationship management and

    perhaps the most controversial one is de-selection of customer.

    If a organization were to put more of its efforts into its existing

    customer it would make sense that it did this with customers

    that had the greatest potential. . This means that at some

    point, it has to start to lose those customers that are not ones

    that offer long-term future value. This might be because of

    transaction spend, the value of a customer or the cost of

    transacting or dealing with that customers.

    OBJEVTIVES

    1. Analyze the change in customer expectation.

    2. To develop customer relationship strategy.

    3. Increase in customer partnering (win-win combination).

    4. To retain profitable customer

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    The objective of the study was to understand the

    functioning of Big Bazaar and making people aware of the

    concept of improving sales.

    The project involved surveying the users in the domestic

    market, the target segment was of the present customers their

    views and perception towards this stores. The survey was

    conducted through a questionnaire, which was exhaustive

    enough to collect all the related information required for studypurpose.

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    1.2 INTRODUCTION OF THE STUDY

    ROLE OF CUSTOMER RELATIONSHIP MANAGEMENT

    IN INCREASING RETIL SALES

    Customer Relationship Management is business philosophy and

    set of strategy, programs and systems that focuses on

    identifying building loyalty with the retailers most valued

    customer. CRM is based on the philosophy that retailers can

    increase their profitability by building relationship with their

    better customers.

    Customer Relationship Management is the important task for

    most of the entrepreneurs for their business purpose towards

    customer. Now the entrepreneurs activity have come from

    product centric to customers centric.

    The satisfaction of the customer not only by the quality of the

    product but also by quality of the services rendered to the

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    customers has retained the value of the companies among

    them.

    It the companies try to retain the values of customers such

    process will lead them as a customer centric one. Also creating

    a belief, image, loyalty, honesty and the trust among the

    customers are the important task of an origination.

    CRM means Acquiring, Developing and retaining satisfied

    royal customer, achieving profitable growth and creating

    economic value in companys brand.

    EMERGING CONCEPTS IN CRM

    Increase in customer partnering

    Expansion of customer base

    Reduction in advertisement and others sales promotion

    expenses

    Generating of more and more loyal customers

    Easy introduction of new products

    Reduction in customer recruitment cost

    Increase in customer partnering

    Increase in the number of profitable

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    1.3 OBJECTIVES

    1. Analyze the change in customer expectation.

    2. To develop customer relationship strategy.

    3. Increase in customer partnering (win-win combination).

    4. To retain profitable customer.

    1.4 HYPOTHESES

    Using Customer Relationship Management strategy will

    improve Retail Sales.

    1. 5 PURPOSE OF THE STUDY

    As observed in Big Bazaar, most of the sales

    persons do not develop an emotional relationship with

    customer. The shopping area do not even display sing

    boards and other informations in local language and

    traditions. Therefore the purpose of study is to bring the

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    3.Sample:Sampling is the process of identifying a part of the

    population in such a way that the characteristics of the

    Population and the characteristics of that part matches. The

    part of the population is called as sample. Selection of the

    sample depends on the factors like money, time and humanresources required collecting the data. In this research the

    sample size will be 110. This sample will be selected on the

    basis of stratified sampling. That is, some number of

    respondents is selected from particular class of profession and

    some other respondents would be selected form the other class

    of profession.

    4. Drawing Conclusion:

    Conclusions are drawn from the sampling

    process by using combined mean and other statistical tolls like

    hypothesis etc. Statistics without any graphs are not effective

    and hence each question of the questionnaire is represented in

    appropriate graphs.

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    1. 7 SCOPE OF THE STUDY

    The scope of the study includes the information collected

    from sample respondents.

    It is confined to only existing customers of Big Bazaar.

    The study is done only in Belgaum city.

    The scope includes consumer expectation and their

    satisfaction level there by assisting in finding the gap

    between expectation and satisfaction and suggestions to

    bridge the gap

    1. 8 LIMITATIONS OF THE STUDY

    The study was confined to Belgaum city only.

    The sample size was limited to 110.

    The study was conducted for a period of four months.

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    Chapter 2

    COMPANY PROFILE

    2.1 ORGANISATION CHART

    2.2 BORD OF DIRECTORS

    2.3 CAMPANY PROFILE

    2.4 AWARDS AND RECOGNITIONS

    2.5 LITERATURE OF OVERVIEW

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    2.1 ORGANISATION CHART

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    2.2 BORD OF DIRECTORS

    Mr. Kishor Biyani, Managing Director

    Mr. Gopikishan Biyani, Wholetime Director

    Mr. Rakesh Biyani, Wholetime Director

    Mr. Ved Prakash Arya, Director

    Mr. Shailesh Haribakti,Independent Director

    Mr. S Doreswamy, Independent Director

    Dr. D O Koahy, Independent Director

    Ms. Anju Poddar, Independent Director

    Ms. Bala Deshpande, Independent Director

    Mr. Anil Harish, Independent Director

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    2.3 COMPANY PROFILE

    There are also several best practice organizations from which

    Indian retailers can pick relevant lessons and tailor them to suit

    local requirements. Organizations that experiment and

    innovate across different aspects will be the ones that emerge

    as winners.

    Presently there are 10 retail companies are in the country.

    There is only one company BIG BAZAR which is discount

    sector and the rest 9 are the not discount related sector.

    (Sources from: Retail Sector in India FDI in India Retail, Retail

    Industry in India, Retail Market India.htm)

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    2.3.1 Big Bazaar

    Big Bazaar is not just another hypermarket. It caters to every

    need of your family. Where Big Bazaar scores over other

    stores is its value for money proposition for the Indian

    customers. Your shopping experience. At Big Bazaar, you will

    definitely get the best products at the best prices - thats

    what we guarantee. With the ever increasing array of private

    labels, it has opened the doors into the world of fashion and

    general merchandise including home furnishings, utensils,

    crockery, cutlery, sports goods and much more at prices that

    will surprise you. And this is just the beginning. Big Bazaar

    plans to add much more to complete.

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    Pantaloon Retail (India) Limited

    Pantaloon Retail is the flagship enterprise of the Future Group.

    Pantaloon Retail (India) Limited has spread across various businesses

    and cities in India. Pantaloon owns multiple retail formats and is able to

    cater to a large section of the society. The company has over 140

    stores across 32 cities in India and 14000 employees. Theheadquarters of the company are situated at Mumbai.

    The organization made an incursion into the modern retail (fashion) in

    1997. Big Bazaar, a hypermarket chain, was introduced in the year

    2001, with an Indian touch of convenience and hygiene. Food Bazaar,

    food and grocery chain, and Central Mall located at various Metros are

    other important parts of the group.

    Others include Collection (home improvement products), E-zone

    (consumer electronics), Depot (books, music, stationery and gifts), Blue

    Sky (fashion accessories) and Shoe Factory (footwear). The company has

    also launched a retailing venture known as futurebazaar.com. The vision

    of Future group is to "Deliver Everything, Everywhere, Every time to

    Every Indian Consumer in the most profitable manner."

    National Retail Federation gave Pantaloon the 'International Retailer of

    the Year' Award.

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    2.3.2 Vision

    Future Group shall deliver Everything, Everywhere, Every time

    for Every Indian Consumer in the most profitable manner.

    2.3.3 Mission

    We share the vision and belief that our customers and

    stakeholders shall be served only by creating and executing

    future scenarios in the consumption space leading to economic

    development.

    We will be the trendsetters in evolving delivery formats,

    creating retail realty, making consumption affordable for all

    customer segments for classes and for masses.

    We shall infuse Indian brands with confidence and renewed

    ambition.

    We shall be efficient, cost- conscious and committed to quality

    in whatever we do.

    We shall ensure that our positive attitude, sincerity, humility

    and united determination shall be the driving force to make us

    successful.

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    2.3.4 Core values

    Confidence in ourselves. A leader, both in thought and

    business. Humility: to respect every individual and be humble

    in our conduct. Leading to purposeful thinking. open and

    receptive to new ideas, knowledge and information. Nurturing

    Relationships: to build long term relationships. Positivity:

    Simplicity and positivity in our thought, business and action.Flexible and adaptable, to meet challenges.

    a) DISTRIBUTION

    Big Bazaar Pvt Ltd has one of the largest supply chains in

    India, having more than 700 outlet in cities and towns in India,

    it started and spread its network in all over in India. In March

    2002 Big Bazaar wants open its 700 outlets. The company buys

    all the FMCG, Pharmacy direct from manufacturing unit.

    Vegitable from form fresh.

    b) PRODUCTS

    Big Bazaar is having four sectors i.e. FMCG, Groceries,

    Vegetable & Pharmacy. Here they give up to 10% on FMCG &

    Groceries. For vegetables they give the below the market the

    price & in pharmacy they give exactly 10% discount.

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    c) Details:

    1. FMCG: Big Bazaar buys all the products from the

    manufacturing unit. Because of that only they are able to give

    discount on each and every product.

    2.Groceries: On Groceries all they give discounts.

    3. Pharmacy: In Pharmacy also they will give discount. They

    mainly concentrated on long term diseases.

    4. Vegetables: They sell the vegetables below the market

    price.

    5. Telecom: They have newly started the Telecom sector in

    which they will kind of mobiles are offer price.

    2.3.5 INTRODUCTION

    Marketing is typically seen as the task of creating, promoting

    and delivery of goods and services to customer and business.

    Infact marketing people are involved in marketing of ten types

    of entities; they are Goods, Services, Experience, Events,

    Persons, Places, Priorities, Organization, Information and Ideas.

    The customer plays a vital role in the marketing process. The

    manufacturers produce goods according to the customer

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    expectations. Customer satisfaction is also one of the main

    parts of marketing process. The customer while purchasing

    goods/service should see that he is getting satisfied with

    goods/service which he is purchased and now a days many

    companies are giving more importance to CRM (Customer

    Relationship Management) and TCS (Total Customer

    Satisfaction). When the customer is not satisfied he start

    switching to another brand and when the customer is highly

    satisfied or delighted he will be continuing with the same

    product.

    Satisfaction can defined as fulfilling the demand for same time

    period. The customer expectations are too high and they need

    some additional benefits with it. The producer/manufacturer

    should know how to retain customer by giving continuous

    service and on time i.e. to overcome competition. The total

    customer satisfaction plays a key role in success or

    unsuccessful of product in the market.

    To satisfy the present and prospective customer the marketershould know customer attitude and perception towards product

    or service as they are mid point of marketing action.

    2.3.6 Pantaloon Retail (India) Limited

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    Pantaloon Retail is the flagship enterprise of the Future Group.

    Pantaloon Retail (India) Limited has spread across various

    businesses and cities in India. Pantaloon owns multiple retail

    formats and is able to cater to a large section of the society.

    The company has over 140 stores across 32 cities in India and

    14000 employees. The headquarters of the company are

    situated at Mumbai.

    The organization made an incursion into the modern retail

    (fashion) in 1997. Big Bazaar, a hypermarket chain, was

    introduced in the year 2001, with an Indian touch of

    convenience and hygiene. Food Bazaar, food and grocery

    chain, and Central Mall located at various Metros are other

    important parts of the group.

    Pantaloon Retail (India) Limited, is Indias leading retailer that

    operates multiple retail formats in both the value and lifestyle

    segment of the Indian consumer market.

    Headquartered in Mumbai (Bombay), the company operates

    over 5 million square feet of retail space, has over 450 storesacross 40 cities in India and employs over 18,000 people.

    The companys leading formats include Pantaloons, a chain of

    fashion outlets, Big Bazaar, a uniquely Indian hypermarket

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    chain, Food Bazaar, a supermarket chain, blends the look,

    touch and feel of Indian bazaars with aspects of modern retail

    like choice, convenience and quality and Central, a chain of

    seamless destination malls.

    Some of its other formats include, Depot, Shoe Factory,

    Brand Factory, Blue Sky, Fashion Station, all, Top 10,

    mBazaar and Star and Sitar. The company also operates

    an online portal, futurebazaar.com.

    A subsidiary company, Home Solutions Retail (India) Limited,

    operates Home Town, a large-format home solutions store,

    Collection i.e., selling home furniture products and E-Zone

    focused on catering to the consumer electronics segment.

    Pantaloon Retail was recently awarded the International

    Retailer of the Year 2007 by the US-based National Retail

    Federation (NRF) and the Emerging Market Retailer of the Year

    2007 at the World Retail Congress held Barcelona.

    No power on earth can stop an idea whose time has come Dr

    Man Mohan Singh, then Finance Minister of India, quoted Victor

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    Hugo while presenting the Union Budget 1994-95, making a

    reference to the Indian economy's unlimited potential.

    If Dr Singh were to use the quote again today, he would

    probably apply it in the context of the promise contained in the

    Indian retail industry and, in particular, organized retail in India

    in the days to come. Retailing in India is currently estimated to

    be a US$ 200 billion industry, of which organized retailing

    makes up 3 percent or US$ 6.4 billion. By 2010, organized

    retail is projected to reach US$ 23 billion.

    Indian retailing set to double in the next three years, with the

    emergence of more national retail chains .The optimism about

    Indian retail is corroborated by the KPMG in India 2008-09

    Retail Survey. More than 70 percent of our survey respondents

    expect to grow in excess of 40 percent per annum in the next

    three years. Going by the growth plans of the retailers we met,

    modern retailing is expected to double in terms of the number

    of outlets and amount of retail space in the next three years,

    with the emergence of more national retail chains.

    Modern retailing action is in urban areas but India is

    witnessing experiments to tap rural retail potential. A majority

    of our survey respondents felt that the opportunity for modern

    retailing is in the urban areas.

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    2.4 AWARDS AND RECOGNITIONS

    Images Retail Awards

    National Retail Federation Awards

    World Retail Congress Awards

    Hewitt Best Employers 2007

    PC World Indian Website Awards

    Readers Digest Trusted Brands Platinum Awards

    2.5 LITERATURE OF OVERVIEW

    2.5.1 Beginnings of Retail Trade

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    Early Trade: - When man started to cultivate and harvest the

    land, he would occasionally find himself with a surplus of

    goods. Once the needs of his family and local community were

    met, he would attempt to trade his goods for different goods

    produced elsewhere.

    Thus markets were formed. These early efforts to swap

    goods developed into more formal gatherings. When a

    producer who had a surplus could not find another producerwith suitable products to swap, he may have allowed others to

    owe him goods. Thus early credit terms would have been

    developed. This would have led to symbolic representations of

    such debts in the form of valuable items (such as gemstones or

    beads), and eventually money.

    Early Markets: - Over time, producers would have seen value in

    deliberately over-producing in order to profit from selling these

    goods. Merchants would also have begun to appear. They

    would travel from village to village, purchasing these goods

    and selling them for a profit.

    Over time, both producers and merchants would regularly take

    their goods to one selling place in the centre of the community.

    Thus, regular markets appeared.

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    The First Shops: - Eventually, markets would become permanent

    fixtures i.e. shops. These shops along with the logistics

    required to get the goods to them were, the start of the Retail

    Trade.

    Opportunities are there for taking are the retailers

    prepared?

    In such a scenario of rapid growth, the preparedness of Indian

    retailers in terms of having appropriate formats, scalableprocesses, appropriate technology and relevant organization

    capability will be crucial to success. The survey explored these

    aspects.

    Can Indian retailers learn from international experience

    and leapfrog to the most successful formats used

    abroad?

    The survey respondents felt that it may be difficult to

    transplant a successful international format directly and expect

    a similar performance in India. Local conditions and insights

    into local buying behavior have to shape the format choice.

    The lessons learned from multinationals expanding to new

    geographies also point to this. India would see experimentation

    by retailers to identify the winning format suited to different

    geographies and segments implying multiple formats by

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    retailers. Such experimentation and identification of an

    appropriate format for local conditions would differentiate

    winners from losers in the Indian retail market of the future.

    India is heading towards mall over-capacity

    A majority of respondents felt that India is heading towards

    mall over-capacity. A reason for this opinion is the fact that

    there may not be sufficient anchor tenants to occupy all the

    malls that are being planned. Also all emerging malls have very

    little differentiated value propositions. Malls need to

    differentiate themselves clearly and one option may be to

    specialize.

    Operations at a nascent stage of evolution

    KPMG surveyed the retailers in India along three dimensions:

    internal processes (supply chain management, private label

    management and loss prevention): real estate availability and

    costs, finance availability and costs.

    Easy availability of finance at competitive rates is a key enabler

    for growth in India. Retail space availability and costs are alsoprime issues to be dealt with. With respect to operations

    management and leveraging technology, retailers in India are

    at a nascent stage. This would be another area of opportunity

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    for winners of the future to distinguish themselves clearly from

    the rest of the industry.

    Human resources the impending war for talent

    India is already facing retail manpower and capability

    shortages. These are set to intensify, given the rapid growth

    forecast for the industry. Attrition levels, while low compared to

    global standards, are set to increase going forward. Winning

    the imminent war for talent is imperative for success in Indian

    retailing. Indian retailers need to develop a combination of

    good HR practices to enhance competency and retention while

    simultaneously developing processes and systems to ensure

    that high personnel turnover does not disrupt operations.

    Winners of tomorrow will be those that experiment and

    innovate

    While there are obstacles, there are clear opportunities in

    modern retailing in India.

    There are many lessons India can take from other countries

    that have moved along the path of retail evolution. There are

    also several best practice organizations from which Indian

    retailers can pick relevant lessons and tailor them to suit local

    requirements .Organizations that experiment and innovate

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    across different aspects will be the ones that emerge as

    winners.

    2.5.2 Non-Franchised Chain

    Structure

    Each store in a chain (or multiple store) is called a branch. The

    original store, or the most important store, may double as the

    head office. Very large chains may have a completely separate

    building as their head office. The way chain stores are

    managed can vary from a centrally controlled operation at one

    extreme where virtually all decisions are made by the head

    office, to the other extreme where each store can be run as a

    mini business and simply return a profit to the centre. It is very

    common for chain store management arrangements to be

    somewhere in between these extremes, where smaller scale

    and local decisions are made by the branches and decisions

    affecting the whole chain are made by the head office.

    Economies of Scale

    As the chain grows in size and total sales volumes increase, the

    company managing the chain is able to purchase goods for the

    stores at terms that are more favorable. They can also exert

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    more influence over the attributes of the goods they buy and

    sell such as the sourcing the products' features the packaging

    they come in and even the distribution and logistics involved in

    getting them to the stores.

    Other benefits also arise, such as rationalising some

    management tasks across the whole chain and having uniform

    procedures and systems common to all of the stores. They can

    also rationalize marketing across the chain. This not only ismore efficient, it also allows marketing messages to be more

    potent. An example of a non-franchised chain is Wal-Mart.

    2.5.3 Clothing and Accessory Store

    Products:-

    Clothing and accessory stores sell apparel for all members of

    the family, as well as luggage, leather goods, lingerie,

    jewellery, uniforms, and bridal gowns. Stores in this sector may

    sell all of the above items or concentrate on a few.

    Expertise:-

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    Clothing and accessory stores are often staffed with

    knowledgeable salespersons who can help in the selection of

    sizes, styles, and accessories.

    Department Store:-

    Department stores sell a wide selection of merchandise with no

    one line predominating. These stores generally are arranged

    into departments with a manager heading each department.

    Products:-

    Departments stores may sell apparel, furniture, appliances,

    home furnishings, cosmetics, jewellery, paint, hardware,

    electronics, and sporting goods. They may also sell food and

    services such as optical, photography, pharmacy, insurance,

    travel brokerage and funerals. They are the ultimate one-stop

    shop.

    Discount Department Stores:-Discount department stores

    typically have fewer sales workers, relying more on self-service

    features, and have centrally located cashiers. Department

    stores that sell bulk items, like major appliances, usually

    provide delivery and installation services.

    Upscale department stores may offer tailoring for their clothing

    lines and more personal service

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    Distance Retailing:-

    Rather than visiting a store to make a purchase, a customer

    may order products from a remote location. This may be done

    by mail, telephone, internet/email or other digital device such

    as interactive television and even from a refrigerator.

    Physical Stores v Virtual Stores:-

    Retailers that practice distance retailing may also havephysical stores, such as Wal-Mart. Others may not, such as

    Amazon and Arkay Hygiene

    Products

    All manner of products can be sold in this way, from food

    groceries and large items like beds that are usually deliveredby dedicated vehicles to many smaller non-food items that

    tend to be delivered by a courier or by parcel mail, such as fly

    killers. The range of products on offer is only limited by the

    budget of the customer and the shipping infrastructure

    available in a given region.

    Advantages of Distance Retailing to the Customer

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    The customer does not need to travel to the store in order to

    purchase goods, saving time and travel costs. Browsing

    through different catalogues or on the internet or mobile phone

    can also save a lot of time compared with traveling from store

    to store.

    Disadvantages of Distance Retailing to the Customer

    There are certain products that customers prefer to touch, feel

    and even try out before they purchase. An example of this is

    clothing. There is, however, a distinction to be made between

    different types of distance selling. For example, music can be

    sampled on the internet or some mobile phones but this cannot

    be done with printed catalogues.

    Some customers are uncomfortable purchasing goods at a

    distance if the seller isn't known to them. Whilst local stores

    will develop a word-of-mouth reputation in the community, it is

    harder to poll opinions for stores that are far away.

    Door-to-Door Retailing

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    This kind of retailing is as old as retailing itself and is still very

    common, although less so in recent times. A door-to-door

    salesperson may be self-employed or employed by a company

    and will usually specialize in a particular product group, often

    household items. Although it is common for them to visit

    houses, they may also sell to businesses.

    Area of Coverage

    Door-to-door salespeople can be split into two main

    groups. The first groups are those that stay in one locality,

    selling to regular customers. Greengrocery or fresh meat sales

    are typically made by these local salespeople. They will have

    regular rounds and will try to time their visit so that they

    appear at a given location at the same time each week (or day

    or month). This way, customers may come to depend on them.

    The local door-to-door salesperson may also try to extend their

    round to take in more customers. The second groups are

    traveling salespeople. They may procure goods in a more

    opportunist way, taking advantage of a bargain when it comes

    along, or buying goods to coincide with environmental changes

    or particular events in the calendar.

    For instance, such a salesperson may sell warm clothes at the

    onset of cold weather but also sell gifts at festive times. Once

    they have sold their goods, or reached the point where they

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    have few customers left to sell to, they will move to another

    area and repeat the process. As well as buying goods to sell on,

    they may also sell goods that they have made themselves or

    that their family or community have made. They also may

    provide services to customers, such as mending, sewing, light

    maintenance, knife sharpening etc.

    Advantages

    One advantage of being a door-to-door salesperson is that the

    overheads are relatively low. Some door-to-door salespeople

    will carry all of their stock on a vehicle but others may store it

    in their homes or a small warehouse (sometimes known as a

    lock up). They can also be flexible in the range that they can

    carry. This can allow them to be very up-to-date with the

    products that they can offer.

    Disadvantages

    Disadvantages include the lack of security in traveling door-to-

    door whilst carrying a high value of stock or money (some

    door-to-door salespeople can take card payment.

    Thus reducing the risk of carrying a lot of money). Another

    disadvantage is that where a shops customers come to the

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    shop, door-to-door salespeople spend a lot of valuable time and

    often transport costs visiting their customers - and there is no

    guarantee of a sale.

    2.5.4 Party and Event Retailing

    This is usually a form of franchising where the retailer

    invites people from the locality to a common location. The

    event or the party will be a mix of socializing and retailing,

    usually themed around the products on offer. Most commonly,

    the retailer will be a franchisee to a wider organisation.

    Products

    Although party and event selling can involve a variety of goods,

    it is very common that cosmetics, small household goods,clothing and sex-aids are sold.

    Low Cost

    Party selling is common throughout the world and can be a low

    cost way of retailing for both the franchisor and franchisee.

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    Samples

    Often the franchisor will supply samples and a small selection

    of goods to the franchisee so that their potential customers at

    the event can try the products out.

    Recruitment

    These parties can also be used to recruit new franchisees.

    2.5.5 Single Independent Non-Franchised

    Store

    A single independent store may be run an individual, but is

    more typically run by a family.

    Decline

    In highly industrialized regions, these types of outlets have

    decreased in number, in favour of franchise operations or

    chains.

    Products and Catchments

    They may be general stores, catering to a limited geographical

    range or may sell specialized products to a wider area.

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    Pros and Cons

    The advantages of single independent stores are that they can

    be tailored to their customers needs and offer a more personal

    service. One of the main disadvantages is that the running

    costs may not be as favorable as with a chain or franchise. If

    the store is selling general goods, the costs of purchasing stock

    will also be higher.

    Street Market

    The tradition of selling from market stalls goes back to the

    early days of retailing where traders could gather in one area

    to sell their wares.

    Location

    Street markets, or open-air markets, are common around the

    world and are particularly popular in temperate or warm

    climates.

    Regulation

    In many countries, street trading has been increasingly

    regulated through history. In England, towns were given rights

    by the King or Queen of the day to hold a market.

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    These charters specified the nature of the market and laid

    down the days when it could operate. Some towns had a

    permanent market while others were permitted to hold their

    market just one or two days in the week (or even less

    frequently). Many of these arrangements continue to this day.

    Types of Street Market Retailer

    Street market traders can be put into two categories, (i) those

    that sell goods opportunistically, taking advantages of low cost

    goods that come available, or environmental and other

    conditions that temporarily increase demand for particular

    products; (ii) those that regularly sell one product type to

    regular customers.

    Governance

    The way that street markets are operated and governed varies.

    The following variations are possible, including a mix of some

    of them:

    1. No formal governance.

    Traders will simply share a space along a road (or an off-street

    area) and trade as separate businesses.

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    This type of arrangement has little or no bureaucracy and can

    be very efficient for the traders. Often traders will not pay any

    rent for their space (or "pitch"). Many traders will keep their

    pitch for many years, even handing their "right" to this space

    from generation to generation. Although it can be

    advantageous to the incumbent stall holders, this can lead to a

    lowering of competition as new stall holders find it difficult to

    come onto the market. Occasionally this informal arrangement

    can lead to gangsters and even violence between stall holders

    and with potential stall holders. It could also give rise to

    protection rackets and other illegal activity.

    2. Council Run

    Street markets are commonly run by local councils, who set the

    regulations and, where appropriate charge rental fees. The

    regulations can range from informal arrangements involving

    the allocation of street area only to very strict regulations with

    an enforcement regime where traders may be inspected

    regularly for health and safety and other legal requirements

    and may be restricted to selling certain types of goods. As well

    as renting plots of land, some council may even rent the stallsthemselves, which may be permanent fixtures on a street (or

    off-street area).

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    3. Run by a Compan y

    A company may own or rent a street (or an off-street area) and,

    in turn, rent small plots of land to stallholders. They may also

    impose regulations in a similar way that councils do. Some

    companies such as large retailers may have a street market on

    their forecourt or other area that they own. Good street

    markets can attract many shoppers. A retailer may find that

    having a market outside their bricks and mortar store may begood for their trade. They may charge a low rent or no rent at

    all in order to encourage stall holders to trade on their land and

    to keep their prices low, thereby attracting more customers.

    They, may, however, restrict stall holders to selling goods that

    do not compete with their own products, subject to competition

    laws that may exist in the jurisdiction.

    4. Run by a Co-operative (Co-op)

    The stallholders themselves may own or rent the land on which

    their stalls are trading. They may contribute towards the costs

    of maintaining or paying for the site by each paying an amount

    of money. The amount paid may simply be commensurate with

    the amount of stalls they own, or may be linked to the amount

    of turnover they can achieve or may be negotiated on a

    stallholder-by-stallholder basis.

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    It is common for street trader co-ops to have regulations that

    are binding on each member. Once again, these regulations

    may range from a few informal rules to detailed and specific

    rules. Many co-ops will operate a democratic system whereby

    they may elect a leader, or a council (or both) to run the co-op,

    or may even vote on every decision.

    Pros and Cons

    The advantages of street market retailing are that it has

    relatively low overheads and allows flexibility. The

    disadvantages are that sales can be adversely affected in

    inclement weather and the stall (usually) needs to be set up

    each day, which can take a considerable amount of time and

    effort. There also needs to be an area for goods to be stored

    when the stall is not being used.

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    Chapter 3

    3. THEORETICAL ASPECTS OF THE

    SURVEY

    3.1 INTRODUCTION OF THEOTICAL ASPECTS

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    3.1 INTRODUCTION OF THEOTICAL ASPECTS

    3.1.1 UNDERSTANDINGCUSTOMERSERVICE

    Marketers must determine what customers does want-and

    then give it to them. This can be done in several ways. Once is

    by getting feedback regarding buyer preferences and then

    suing this information to customize the service delivery. For

    example, what do restaurant guests want? It has been found

    that these are gender preferences.

    3.1.2 IDENTTYYOURECUSTOMERS

    The customer can fall into different groupings; the way to cater

    to one group may be deferent from that of another. There are

    other customers groups besides men and women. Today, many

    fast food giants McDonald's for example is now targeting on

    kids (refer fig 1). Some eating-houses load the area with toys

    and games, and supervise the children, which their families eat

    in the main dining hall.

    3.1.3 CUSTOMERLOYALTY

    The traditionally role of marketing has been to win customers.

    No emphasis was on retaining them.

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    Research studies indicate that most service firms lose more

    than 30 per cent of their customer before, or at the time of a

    repurchase decision mainly through poor service, and the only

    reason market shares do not drop is because competitors are

    usually in the same position and are losing customers to their

    rivals. This means there is a high turnover of dissatisfied

    customers who are looking customers to their rivals.

    3.1.4 ADDEROFLOYALT

    Customer loyalty is commitment to do business with a

    company on ongoing basis. The idea of loyalty can be displayed

    with a ladder. Through appropriate marketing strategies

    marketer should aim to convert suspect into committed loyal

    advocated for the firm. Set of scales cam also be used to view

    the loyalty concept. Service firms must arrest growing number

    of disaffected ex-customer who will be critical and advise

    other .customer or prospects not to buy from the organization.

    3.1.5 RELATIONSHIP AND AVERAGE CUSTOMER

    LIFETIME

    The measurement of customer loyalty is known as the

    customer retention rate. With the firm with improved retention

    rate the average life of a customer increase.

    For example, if a firm is able to increase its average

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    retention from an annual 80 per cent of 90 per cent it will

    accurately double the average customer lifetime from five to

    ten year if it period (5x20). If it is retains 90 percent it will lose

    just half of (hem over a five-year period (5x10=50%).It has

    been found that increased customer retention brought increase

    customer lifetime value. Lifetime value of a customer can be

    calculated.

    3.1.6 CUSTOMER SATISFACTION IN SERVICE

    The primary objective of service producers and marketers is

    identical to that of all markets, to develop and provide offering

    that satisfy consumer needs and expectations, thereby

    ensuring their own economic survival. In other words, service

    marketers need to be able to close the customer gap between

    expectations and perceptions. To achieve this object, service

    producers need to understand how consumers choose and

    evaluating their services offerings. Unfortunately, most of what

    knows about consumer evaluation processes pertains

    specifically to goods.

    The assumption appears to be that services, if not identical to

    goods, are at least similar enough in the consumer's mind that

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    they are choosing and evaluate in the same manner means

    that satisfaction is the customer's evaluation of a product or

    service in term of whether that product or service has met their

    needs and expectations. Failure to meet needs and

    expectations is assumed to result in dissatisfaction with the

    product or service.

    Customer satisfaction is influenced by specific product or

    service features and by perceptions of quality as suggested.

    Satisfaction is also influenced by customer emotional

    responses, their attributions, and their perceptions of equity.

    Product and service Features Customer satisfaction with a

    product or service is influenced significantly by the customer

    evaluation of product or service features. Customers' emotions

    can also affect their perceptions of satisfaction with products

    and service. This emotion can be stable, pressing emotions.

    Specific emotions may also be induced by the consumption

    experience itself, influencing a consumer's satisfaction with the

    service. Attributions the perceived causes of events influence

    perceptions of satisfaction as well.

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    When they have been surprised by an outcome {the service is

    either much better or much worse than expected), consumer

    tends to look for the reasons. And then assessments of the

    reasons can influence their satisfaction.

    A customer satisfaction is also influenced by the perceptions of

    equity and fairness, in addition to products or services are

    offered in combination with a physical product, services quality

    may be very critical in determining customers' satisfaction.

    Reliability: ability to perform the promised service

    dependably and accurately

    Assurance employees' knowledge and courtesy and their

    ability to inspire trust and confidence.

    Tangibles: appearance of physical facilities, equipment,

    personnel, and written materials.

    3.1.7 Responsiveness:

    Willingness to help customers and provide prompt service.

    Reliability is defined as the ability to perform the promised

    service dependable and accurately.

    In its broadest sense, reliability means that the company

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    promise about delivery, service provisions, problems resolution

    and pricing.

    Customer want to do business with the companies that keep

    their promises, particularly their promises about the service out

    comes and core service attributes.

    Assurances are defined as employee's knowledge and courtesy

    and the ability of the firm and its employee to inspire trust and

    confidence. This dimension is likely to be particularly important

    for services that the customer perceives as involving high risk

    and or about which the feel uncertain about their ability to

    evaluate outcomes-for example banking, insurance, brokerage,

    medical and legal service.

    Empathy is defined as the caring, individualized attention the

    firm provides to its customers. The essence of the empathy is

    conveying, through personalized or customer service, those

    customers are unique and special. Customers want to feel

    understood by and important to firm that provides service to

    them. Tangibles are defined as the appearance of physicalfacilities, equipment, personnel and communication material.

    All of these provide physical representation or image of the

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    service that customer, particularly new customers, will use to

    evaluate quality. Service industries that emphasize tangible in

    their strategies include hospitality service where the customer

    visits the establishment to receive the service, such as

    restaurants and hotels, rattails stores, and entertainment

    companies.

    Responsiveness is the willingness to help customers and to

    provide prompt service. This dimension emphasizes

    attentiveness and promptness in dealing with customer

    requests, questions, complaints, and problems.

    Responsiveness is communicated to customer by the length of

    time they have to wait for assistance, answers to questions, or

    attentions to problems. Responsiveness also captures the

    notion of flexibility and ability to customize the service to

    customer needs.

    3.1.8 IMPORTANCE OF CUSTOMER SATISFACTION

    Customer satisfaction is a marketing tool and a definite value

    added benefit. Customers often perceive customer satisfaction

    as important as the primary product or service yourorganization offers.

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    3.1.9 FOUR STEPS TO ENSURE CUSTOMER

    SATISFACTION

    1. Always create a good first Impression, in person and on the

    phone

    2. Communicate effectively (listen and ask questions) and give

    each customer your full attention.

    3. Handle each transaction fast, accurately, and professionally

    4. Thank each customer for the opportunity to serve them and

    make sure they are completely satisfied.

    3.1.10 DEFINING CUSTOMER VALUE AND SATISFACTION

    Peter Drcucker observes that a companys first task is to

    create customers. However, customers face a vast array of

    product and brand choices, prices and suppliers. How do they

    make their choices? We believe that customers estimate which

    offer will deliver the most value.

    3.1.11 Customer perceived value

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    A) Total customer value is the perceived monetary value of

    the bundle of economic, functional, and psychological benefits

    customers expect from a given market offering.

    B) Total customer cost is the bundle of cost customers

    expect from incur in evaluating, obtaining, using and disposing

    of the given market offering.

    C) TOTAL CUSTOMER SATISFACTION

    Whether the buyer is satisfied after purchase depends on the

    offers performance in relation to the buyers expectation. In

    general, satisfaction is a persons feeling of pleasure or

    disappointment resulting from comparing a products perceived

    performance in relation to his or her expectations.If the

    performance falls short of expectations, the customers are

    dissatisfied. If the performance matches the expectation, the

    customer is satisfied. If the performance exceeds expectations,

    the customer is highly satisfied or delighted.

    D) Customer Expectations

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    If marketers raise expectations too high, the buyer is likely to

    be disappointed. However, if the company sets expectations

    too low, it wont attract enough buyers.

    E) Delivering High Customer Value

    The key to generate high customer loyalty is to deliver high

    customer value. According to Michael Lannig, in his Delivering

    Profitable Value, a company must design a competitively

    superior value proposition aimed at a specific market segment,

    backed by a superior value- delivery system.

    F) Measuring Satisfaction

    Although the customer-centered firm seeks to create high

    customer satisfaction that is not its main goal. If the company

    increases customer satisfaction by lowering its price or

    increasing its services, the result may be lower profit. The

    company might able to increase its profitability by means other

    than increased satisfaction. Also the company has many

    stakeholders, including employees, dealers, suppliers and stock

    holders.

    Spending more to increase customer satisfaction might divert

    funds from increasing the satisfaction of other partners.

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    Ultimately, the company must operate on the philosophy that it

    is trying to deliver a high level of customer satisfaction subject

    to delivering acceptable levels of satisfaction to other stake

    holders, given its total resources.

    G) DELIVERING CUSTOMER VALUE AND SATISFACTION

    This involves the following five capabilities: understanding

    customer value; creating customer value; delivering customervalue; capturing customer value; and sustaining customer

    value. To succeed, a company needs to use the concepts of a

    value chain and a value-delivery network.

    H) Value Chain

    Michael Porter of Harvard proposed the value chain as tool for

    identifying ways to create more customer value.Every firm is asynthesis of activities that are performed to design, produce,

    and market, deliver and support its products.

    The value chain identifies nine strategically relevant activities

    that create value and cost in a specific business. These nine

    values- creating activities consists of five primary activities and

    four supports activities.

    The firms task is to examine its costs and performance in each

    value- creating activity and to look for ways to improve it.

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    The firm should estimate its competitors costs and

    performance as benchmarkagainst which to compare its own

    costs and performances. It should go further and study the

    best of class practices of the worlds best companies.The

    firms success depends not only on how well each department

    performs its work, but also on how well the various department

    activities are coordinated. Too often, company departments act

    to maximize their interests.

    A credit department may take along time to check a

    prospective customers credit so as not to incur bad debts.

    Mean while, the customer waits and the sales person is

    frustrated. A traffic department chooses to ship the goods by

    rail to save money and again the customer waits. Each

    department has erected walls that slow down the delivery of

    quality customer service. The solution of this problem is to

    place more emphasis on the smooth management of core

    business process.

    These include:-

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    The market sensing process

    The new offering realization process

    The customer acquisition process

    The customer relationship management process

    The fulfillment management process.

    CHAPTER 4

    ANALYSIS AND INTERPRETATION OF

    DATA

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    TABLE NO.1

    How frequently you visit Big Bazaar?

    Particulars Respondents PercentageFirst Time 10 9%

    Second Time 25 23%Third Time 35 32%

    Many Time 40 36%

    Total 110

    Source- Compiled Survey

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    Customers are Visit Big Bazaar

    0%

    10%

    20%

    30%

    40%

    First Time Second Time Third Time Many Time

    Percentage

    INTERPRETATONS- The above table shows that 9%

    respondents are First time visit to Big Bazaar, 23% respondents

    are Second time, 32% respondents are Third time and 36%

    respondents are Many times. Customer having many time are

    36% which is higher, it indicate Big Bazaar better CRM.

    TABLE NO.2

    How did you come to know about Big Bazaar?

    Particulars Respondents PercentageAdvertisement 60 55%

    Friend &Relatives

    50 45%

    Total 110

    Source- Compiled Survey

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    customers frequently visit Big Bazaar

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    Advertisement Friend & Relatives

    Percentage

    INTERPRETATONS- The above table shows that 55%

    respondents are come to the Advertisement, 45% respondents

    are Friends & relatives. Customer awareness about big bazaar

    through various sources indicates that 36% of respondents

    know about big bazaar through advertisement.

    TABLE NO.3

    Is your expectation meet in Big Bazaar?

    Particulars Respondents PercentageYes 80 73%

    No 30 27%Total 110

    Source- Compiled Survey

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    Customer Expectations

    0%

    20%

    40%

    60%

    80%

    Yes No

    Percentage

    INTERPRETATONS- The above table shows that 73%

    respondents are satisfied for the expectation and 27%

    respondents are not satisfied. Customers are satisfied is their

    expectations, the satisfaction ratio is high i.e, 73% which is a

    good sign.

    TABLE NO.4

    What is your opinion about the service in Big Bazaar?

    Particulars Respondents PercentageVery Good 35 32%

    Good 40 36%Average 35 32%

    Total 110

    Source- Compiled Survey

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    Customers opinion about service

    30%

    32%

    34%

    36%

    38%

    Very Good Good Average

    Percentage

    INTERPRETATONS- The above table shows that 32%

    respondents are opinion was Very good, 36% respondents are

    Good and 32% respondents are opinion about service was

    Average. It has very good, 36% of them rate it has good and

    others as average

    TABLE NO.5

    Is employees communication is good with customers?

    Particulars Respondents Percentage

    YES 60 55%NO 50 45%Total 110

    Source- Compiled Survey

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    Empolyee's communication with customers

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    YES NO

    Percentage

    INTERPRETATONS- The above table shows that 55%

    respondents said that well communication with us, 45%

    respondents said that No. Maximum of the customers say it

    was good (55% of the respondents).

    TABLE NO. 6

    Is rate the employees behavior with customers?Particulars Respondents PercentageExcellent 25 23%

    Good 30 27%Better 50 48%

    Worst 05 2%

    Total 110

    Source- Compiled Survey

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    Empolyee's behaviour with customers

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    Excellent Good Better Worst

    Percentage

    INTERPRETATONS- The above table shows that 47%

    respondents are said that better behavior with customers, 35%

    respondents are said that good behavior, 16% respondents

    said that excellent and 2% respondents said that worst. Better

    percentage is very high which good sign from the company

    point of view.

    TABLE NO.7

    Is their any additional benefit in Big Bazaar?

    Particulars Respondents PercentageYes 60 55%No 50 45%

    Total 110

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    Source- Compiled Survey

    Additional benefits in Big Bazaar

    0%

    10%20%

    30%

    40%

    50%

    60%

    Yes No

    Percentage

    INTERPRETATONS- The above table shows that 55%

    respondents know about additional benefit in Big Bazaar, 45%

    respondents are said that No.

    TABLE NO.8

    Are you aware of Discount facilities available inBig Bazaar?

    Particulars Respondents PercentageYes 80 73%

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    No 30 27%Total 110

    Source- Compiled Survey

    Discount facility in Big Bazaar

    0%

    20%

    40%

    60%

    80%

    Yes No

    Percentage

    INTERPRETATONS- The above table shows that 73%

    respondents are said that Discount facilities available, 27%

    respondents are no Discount facilities. Which shows that

    customers have a great intrest in the discount offers available

    at Big Bazaar.

    TABLE NO.9

    Which factors influence you to buy at Big Bazaar?

    Particulars Respondents PercentageLow Price 20 18%

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    Discount 30 27%Nearness 10 9%

    Offers 50 46%Total 110

    Source- Compiled Survey

    Factors influence custome to buy

    0%

    10%

    20%

    30%40%

    50%

    Low Price Discount Nearness Offers

    Percentage

    INTERPRETATONS- The above table shows that 18%

    respondents know about the Low price, 27% respondents are

    Discount, 9% respondents are Nearness and 46% respondents

    are opinion about Offers. The customers to buy at big bazaar,

    46% respondents are influenced with offers provided their.

    TABLE 10

    Are you aware of free Home Delivery offer at BigBazaar?

    Particulars Respondents Percentage

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    Yes 45 49%No 65 51%

    Total 110

    Source- Compiled Survey

    Free home delivery offered at Big Bazaar

    48%

    49%

    50%

    51%

    52%

    Yes No

    Percentage

    INTERPRETATONS- The above table shows that ratio

    awareness of free home delivery at Big Bazaar. YES 49%,

    No - 51%

    TABLE NO.11

    Your opinion on prices in Big Bazaar?

    Particular Respondents PercentageVery Less 35 32%

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    Normal 50 45%Higher 25 23%

    TOTAL 110

    Source- Compiled Survey

    Opinion on prices

    0%

    10%

    20%30%

    40%

    50%

    Very Less Normal Higher

    Percentage

    INTERPRETATONS- The above table shows that 32%

    respondents know about the Very less, 45% respondents areNormal and 23% respondents are opinion about Higher. 45% of

    the respondents say it is normal, compared to other

    supermarkets.

    TABLE NO.12

    Your opinion about the quality of groceries in BigBazaar?

    Particular Respondents Percentage

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    Very Good 35 32%Good 50 45%

    Average 25 23%TOTAL 110

    Source- Compiled Survey

    Opinion about the quality of grceries

    0%

    10%

    20%

    30%

    40%

    50%

    Very Good Good Average

    Percentage

    INTERPRETATONS- The above table shows that 32%

    respondents know about the Very good, 45% respondents are

    Good and 23% respondents are opinion about Average.

    Maximum of respondents rate it has good i.e.45%.

    TABLE NO.13

    Your opinion on stock availability of groceries inBig Bazaar?

    Particular Respondents Percentage

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    Always 70 63%Sometimes 25 23%

    Rarely 15 14%TOTAL 110

    Source- Compiled Survey

    Opinion on stock availability of groceries

    0%

    20%

    40%

    60%

    80%

    Always Sometimes Rarely

    Percentage

    INTERPRETATION- The above table shows that 63%

    respondents are said that Always, 23% respondents are

    sometimes and 14% respondents are opinion about rarely.

    Maximum of the respondents are happy with stock availability.

    TABLE NO.14

    Your opinion on prices of fruits & vegetables inBig Bazaar?

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    Particular Respondents PercentageVery Less 25 23%

    Normal 50 45%Higher 35 32%TOTAL 110

    Compiled Source- Survey

    Prices of fruits & vegetables

    0%

    10%

    20%

    30%

    40%

    50%

    Very Less Norm al Higher

    Percentage

    INTERPRETATION- The above table shows that 23%

    respondents are said that Very less, 45% respondents are

    Normal and 32% respondents are said that price was Higher.

    45% of respondents are of the opinion that it is normal

    compared to others.

    TABLE NO.15

    Your opinion on quality in fruits & vegetables inBig Bazaar.

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    Particular Respondents Percentage

    Very Good 35 32%Good 55 50%Average 20 18%TOTAL 110

    Compiled Source- Survey

    Quality of fruits & vegetables

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    Very Good Good Average

    Percentage

    INTERPRETATION- The above table reveals that 32%

    respondents are said that quality was Very good, 50%

    respondents are said Good and 18% respondents are said

    Average. 50% of the respondents rate has good which is

    satisfactory.

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    CHAPTER 5

    FINDINGS, SUGGESTIONS &CONCLUSIONS

    5.1 FINDINGS

    5.2 SUGGESTIONS

    5.3 CONCLUSIONS

    5.4 BIBILIOGRAPY

    5.5 ANNEXURE

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    5.1.1) Customer having many time are 36% which is higher, it

    indicate that Big Bazaar better CRM.

    5.1.2) Customer awareness about big bazaar through various

    sources indicates that 36% of respondents know about big

    bazaar through advertisement.

    5.1.3) Customers are satisfied is their expectations, thesatisfaction ratio is high i.e. 73% which is a good sign.

    5.1.4) 36% of respondents are say that service is good in Big

    Bazaar and others as average.

    5.1.5) Maximum of the customers says it was good (55% of the

    respondents).The communication of the level of the employees

    with customer was satisfactory.

    5.1.6) Employees behavior with customer, better percentage is

    very high which good sign from the company point of view.

    5.1.7) Customers have a great intrest in the discount offers

    available at Big Bazaar.

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    5.1.8) the customers to buy at big bazaar, 46% respondents

    are influenced with offers provided by Big Bazaar..

    5.1.9) 45% of the respondents say it is normal prices in Big

    Bazaar, compared to other supermarkets.

    5.1.10) Maximum of respondents say it is good quality of

    groceries rate it has good i.e.45%. Compared to other

    supermarkets.

    5.1.11) Maximum of the respondents are happy with stock

    availability in Big Bazaar.

    5.1.12) 45% of respondents opinion about prices on fruits and

    vegetables is normal, compared to others.

    5.1.13) 50% of the respondents rate has well which is

    satisfactory on quality of fruits and vegetables.

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    5.2 SUGGESTIONS

    5.2.1) Customer having many time are only 36%, this is good

    Relationship ratio with customers. But you more develop CRM

    programs than automatically customers are visiting your

    organization.

    5.2.2) Most of customers are come to Big Bazaar through

    advertisement, you implimating CRM programs than customers

    closely relationship with Big Bazaar.

    5.2.3) Only 27% of Customers are unsatisfied their own

    expectations that is good ratio. You study your target customer

    needs and fulfilled their expectations. Than this percentage

    came into 0%.

    5.2.4) customers opinion about the service was average, so

    you more training your executives on handling to the

    customers.

    5.2.5) Customers facing problems of setting and water, so you

    arrange chairs and water facility in every floor. Because here

    not only come young peoples but also elders.

    5.2.6) Some peoples are told to me here not available Tea and

    Coffee. Because some people are after eating a bakery items

    they also interest drinking tea or coffee, so you please

    arrangement.

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    5.2 CONCLUSION

    Customer Relationship Management strategy and object will

    change they have to if one has to continues competing

    however no matter where begins CRM they the benefits will

    start from day one. Where they are in the from of profits

    decreased higher staff moral or greater band equity.

    Promotional activities should be carried out in order to

    compete effectively with its competitors and to create

    awareness.

    Company should fulfi ll the said promises about the

    lucky draws & additional discounts.

    Unity of command should me maintained in the

    organization

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    5.4 BIBILIOGRAPHY:

    Customer Relationship Management -

    How to turn a good business into a great one

    Written By- Graham Roberts, Phelps

    Published By- Viva Books Private ltd New Delhi.

    Customer Relationship Management-

    Delivering the Benefits. A whitepaper by CRM ( UK) Ltd

    and sector consulting ltd.

    Broachers of Big Bazaar, Belgaum

    Web Sites-

    www.kpmg.ca

    www.iimahd.ernet.in/publications/data/2005-

    07-04pksinha.pdf

    www.ciionline.org/events/2825/cii_con.pdf

    www.sify.com

    www.itcportal.com

    www.kpmg.com.cn/redirect.asp?id=6772

    INSTITUTE OF MANAGEMENT AND ENTREPRENEURSHIPDEVELOPMENT,PUNE

    http://www.kpmg.ca/http://www.iimahd.ernet.in/publications/data/2005-%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%2007-04pksinha.pdfhttp://www.iimahd.ernet.in/publications/data/2005-%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%2007-04pksinha.pdfhttp://www.ciionline.org/events/2825/cii_con.pdfhttp://www.sify.com/http://www.itcportal.com/http://www.kpmg.com.cn/redirect.asp?id=6772http://www.kpmg.ca/http://www.iimahd.ernet.in/publications/data/2005-%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%2007-04pksinha.pdfhttp://www.iimahd.ernet.in/publications/data/2005-%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%2007-04pksinha.pdfhttp://www.ciionline.org/events/2825/cii_con.pdfhttp://www.sify.com/http://www.itcportal.com/http://www.kpmg.com.cn/redirect.asp?id=6772
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    Improving Retail Sales Through Effective CRM

    ANNEXURE

    NAME:MR/MRS------------------------------------------------------------------------------------------------------------------------------AGE---------------------------------------------------------------------Telephone number------------------------------------------------Address------------------------------------------------------------------------------------------------------------------------------------------Occupation: Professionals Housewives

    Business Other

    1. How frequently you visit to Big Bazaar?

    a) First Time [ ] c) Third Time [ ]

    b) Second Time [ ] d) Many Time [