Gardi Presentatn

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    SUMMER INTERNSHIP PROJECT AT:

    Reliance Retail Hypermarket (JAMNAGAR)

    RESEARCH ON :SEGMENTATION OF THE CUSTOMERS AT

    RELIANCE SUPER (JAMNAGAR)

    PRESENTED BY:SANGTANI PRIYA

    JVIMS- JAMNAGARSegmentation of the Customers

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    Segmentation of the Customers

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    RELIANCE SUPERfalls under the Retail sector of Reliance Industries ltd.

    Reliance Hyper mart was set-up in Jamnagar on 9 th of july-2008.

    The premises of the store cover the land of 17,000 square feet.

    It serves the customers with 20,000 SKUS.

    It was inaugurated by the first customer by lightening the lamp.

    It has its distant office in Ahmedabad and main office in Mumbai.

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    TARGET MARKET : The target Market is the employees of Essar, Defense,Foreigners visiting the city & Residents of Jamnagar city.

    POSITIONING STRATEGY: Aapki Khushi Hamari Khushi

    PRODUCT PORTFOLIO: Apparels, CDIT, Home-ware, Lifestyle, FMCG,N-FMCG, Footwear, luggage

    CHANNEL OF DISTRIBUTION :Reliance Super (opp. Ayurvedic uni.)

    PRICING POLICY :Loss leader policy, Bundling policy, Discount offers.

    PROMOTION STRATEGY : N ewspapers, leaflets, POPs Segmentation of the Customers

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    There are 38 employees employed in the organization The work of staff maintenance is outsourced to strategic

    manpower solution.

    DIVISION OF STAFF:House keeping

    Security [SLM]Renters

    Electrician repairerCustomer care

    Personnel Policy:

    Recruitment & SelectionTraining and development

    Performance appraisalIndustrial relations

    Segmentation of the Customers

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    PROCUREMENT STRATEGY:

    Through distribution centre from Ahmedabad

    TQM:Use of FEFO method. Implication of loss leader strategy, Markdown of prices

    SUPPLY CHAIN MANAGEMENT:Vehicle & loading

    GRN Report [Goods Received Note]Macro & Micro CheckingStacking

    Segmentation of the Customers

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    Ajay Kumar at Bangalore (IIFM) did a Research project on operation managementin retail sector

    A study conducted by Loudon and Britta (1993), better Interior design actually

    helps to elevate the image of the mall & impart a sense of excitement among theminds of the consumers

    According to Kaufmann (1996), consumers are getting more and more inclinedtowards a one stop destination for their complete shopping desire

    Preeta Vyas from IIM-Ahmedabad found that Price off offers with immediateincentive on a national brand & awareness through point of purchase andawareness was created through word of mouth.

    Segmentation of the Customers

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    PRIMARY OBJECTIVE:

    To know the different segments of the customers visiting the store.

    SECONDARY OBJECTIVE:

    Identification of the demographic profile of the customers

    To find the socio-demographic profile of the customers

    To Know the geographic profile of the customers

    To understand the taste and preference of the customers visiting the storeSegmentation of the Customers

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    As an individual: I can get the insight of the retail industry andcan apply this knowledge to get the better understanding of themarket.

    To company: It can know the taste and preferences of itscustomers and find an opportunity to capture new customersand retain and satisfy the existing customers.

    To the Society: People can have better idea of the availableproducts and the scope of the retail market which is thegrowing industry in the current scenario

    Segmentation of the Customers

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    RESEARCH DESIGN:Exploratory research

    Sampling Technique: Convenient sampling

    Location : Reliance Super-Jamnagar

    Sample Size : 100 samples

    Other Tools : SWOT Analysis

    Segmentation of the Customers

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    Segmentation of the Customers

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    Gender-Ratio of the customers visitingthe store

    0

    10

    20

    30

    40

    50

    60

    70

    80

    Male Female

    Number of Male & Female

    27

    73

    Segmentation of the Customers

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    Age-Group of the customers visitingthe store

    below 25

    26-35

    35-45

    45 & above45

    32

    617

    Segmentation of the Customers

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    Occupation of the Respondents

    0 5 10 15 20 25 30 35

    self-employed

    businessmen

    Student

    House-Wife

    Government Job

    Private Job

    19

    12

    32

    3

    7

    27

    Segmentation of the Customers

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    Educational Qualification of theRespondents

    15

    17

    44

    19

    5

    0 10 20 30 40 50

    SSC

    HSC

    Graduate

    Post graduate

    Others

    Segmentation of the Customers

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    Income of the Respondents

    0

    5

    10

    15

    20

    25

    30

    35

    Below 5000 5001-10000 10001-20000 20001-50000 50001 & above Others

    3

    25

    35

    25

    4

    8

    Segmentation of the Customers

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    Data analysis

    The major reason why people buy fromReliance super is its discount offers Proximity is the factor that affects the least to

    respondents who do not visit the store daily Female gender is less brand oriented in

    comparison of male

    Multi-brands affect the buying decision of therespondents.

    Segmentation of the Customers

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    Data analysis

    40 respondents out of the 100 visit the stores oncein a week.

    The respondents with nuclear family were more. 79respondents had only 4 or below 4 members in thefamily.

    The respondents prefer to make maximumpurchases during the time of festivals.

    Respondents owning only the two-wheeler weremore in comparison to 4 wheeler owners or both.

    Segmentation of the Customers

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    0

    5

    10

    15

    20

    25

    30

    Brand name Price Approximity to the mall Product availability Quality

    12

    24

    14

    24

    26

    Segmentation of the customers

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    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    crockery grocery apparels domestic items electronics gift articles others

    12

    78

    7

    37

    15 1723

    Segmentation of the Customers

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    Frequency of visiting the Store

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    Once in week Frequently Daily Rarely Others

    40

    24

    6

    25

    5

    Segmentation of the Customers

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    0

    10

    20

    30

    40

    50

    60

    friends relatives colleagues spouse others

    14

    55

    2

    27

    2

    Segmentation of the Customers

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    0

    10

    20

    30

    40

    50

    60

    less than 1 hour 1-2 hours 2-4 hours more than 4 hours

    30

    49

    12 9

    Segmentation of the Customers

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    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

    Own house Tenament Bungalow Apartment

    43

    129

    36

    Segmentation of the Customers

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    Core Competency: Wide Range of Products People who visit the store daily spend less time in

    the store Proximity of the store affects the respondents who

    visit daily Few Respondents are dissatisfied with the customer

    services and few are dissatisfied with the quality of the consumable goods

    Respondents believe that the prices of the productsare moderate.

    Segmentation of the Customers

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    This exploratory research is done focusing on Jamnagar regiononly

    small sample and random sampling method.

    Inexperience in the research field

    At the time of fill up questionnaire may be, they may not give orhave accurate answer.

    Biasness in response by the respondents

    Segmentation of the Customers

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    Focus upon the quality of F&V

    Display the hoarding in the store so that it becomes easy for thecustomers to find the product

    Proper display of discount schemes

    One Stop Shop- Increase the product line

    Increase customer Services.

    Increase in merchandise for fair gender & apply discount schemes onthem

    Segmentation of the Customers

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    The stores overall performance is good.

    Improve the quality of available products.

    A high level of service is important for customer retention

    Sufficient incentive

    Emphasis on marketing activities

    Customer retention & satisfactionSegmentation of the Customers

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    BOOKS

    Pradhan Swapna, Retailing Management, Tata Mc -Graw Hill Publishing Company Ltd.,New Delhi, 2 nd Edition,2007.

    Kotler Philip, Marketing Management, Pearson Education (Singapore) Pte. New Delhi,12 th Edition, 2006,

    WEBSITES

    http://www.indiainbusiness.nic.in/india-profile/ser-retail.html

    http://indiaonestop.com/retailing.html

    Segmentation of the Customers

    http://www.indiainbusiness.nic.in/india-profile/ser-retail.htmlhttp://indiaonestop.com/retailing.htmlhttp://indiaonestop.com/retailing.htmlhttp://www.indiainbusiness.nic.in/india-profile/ser-retail.htmlhttp://www.indiainbusiness.nic.in/india-profile/ser-retail.htmlhttp://www.indiainbusiness.nic.in/india-profile/ser-retail.htmlhttp://www.indiainbusiness.nic.in/india-profile/ser-retail.htmlhttp://www.indiainbusiness.nic.in/india-profile/ser-retail.html
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