Project
-
Upload
shaikh-alfaz -
Category
Documents
-
view
138 -
download
0
Transcript of Project
CHAPTER 1
INTRODUCTION
Definition Of Customer Perception
Definition Of Customer Satisfaction
Industry/Company Profile, LANDMARK GROUP
Need/Purpose of study
1
INTRODUCTION
As everyone is aware about the prevailing market conditions of all businesses in this recession period, which whole world is going through; we know that almost all businesses has been affected on a large scale. There are some businesses like retail cloth marketing which is suffering from recession but comparatively at a lower rate than other businesses like construction companies, transportation companies, real estates, e.t.c. The topic of our project also relates to the retail cloth marketing under which we are going to study the customer perception and satisfaction towards the two primary retail outlets or brands of LANDMARK GROUP.
1.1 Definition of Customer Perception
Customer Perception- ‘Customer Perception is Your Reality’
According to businessdictionary.com, Customer perception is the process by which people
translate sensory impressions into a coherent
and unified view of the world around them.
Though necessarily based on incomplete and
unverified (or unreliable) information,
perception is 'the reality' and guides human
behavior in general.
Being able to satisfy a customer’s perception
is the biggest challenge faced in any business. The main job of the business is to alter the
perception of prospects to believe that its products or services are the one which are more
valuable than their selling price; they have every reason to buy from you. Customer
perception is something you can work on daily to improve. Exceptional individualized
customer service boosts perceived value higher than right for them and turns them into a
client, when customers perceive the value of anything else.
2
The following table shows the positive and negative effects of customer perception:
Positive effects of increasing market share on customer perception:-
Increasing market share can send out positive signals by acting as an indicator
of superior quality that is recognised by more and more other customers. This
effect is particularly strong for premium priced products. Customers normally
assume that a product must be of exceptional quality if it can gain such an
unexpected market success despite its high price.
Many brands offer positive emotional benefits of using a product that is
popular in the markets.
The value of a product or service can rise through increasing number of users
of the same product, e.g. number of members of an online community, better
availability of software for popular computer systems.
Negative effects of increasing market share on customer perception:-
For premium and luxury products, customers may translate an increasing
market share into a loss of exclusivity and thus perceive it as less valuable.
The quality of services may suffer if they are consumed by increasing numbers
of users. Diseconomies of scales and congestions can be observed with busy
airports and many other services so that customers may look out for other
providers that promise more timely service and convenience.
1.2 Definition of Customer Satisfaction
3
Customer Satisfaction-
Customer satisfaction, a business term, is a measure of how products and services
supplied by a company meet or surpass customer expectation. It is seen as a key
performance indicator within business and is part of the four perspectives of a
Balanced Scorecard.
[source:en.wikipedia.org/wiki/Customer_satisfaction]
Customer satisfaction is an ambiguous and abstract concept and the actual
manifestation of the state of satisfaction will vary from person to person and
product/service to product/service.
Comparison of expectations versus perception of experience.
[source:www.booksites.net/download/chadwickbeech/Glossary.htm]
It is the fulfillment of customers' requirements or needs.
A customer's perception of the degree to which their requirements have been
fulfilled.
[source:www.merchant-accounts.com/merchant-account-glossary.htm]
Customer satisfaction is the act of just doing enough to be acceptable to a customer. It
is simply meeting basic expectations. Measuring customer satisfaction provides an
indication of how successful the organization is at providing products and/or services
to the marketplace. Customer satisfaction is an abstract concept and the actual
manifestation of the state of satisfaction will vary from person to person and
product/service to product/service. The state of satisfaction depends on a number of
both psychological and physical variables which correlate with satisfaction behaviors
such as return and recommend rate. The level of satisfaction can also vary depending
on other factors the customer, such as other products against which the customer can
compare the organization's products.
4
If a customer is satisfied that means that a product of service has met his expectations and
that he was not dissatisfied by it. Customer satisfaction is doubtlessly very important. It is
the precondition for repeat purchases and it prevents the customer from telling others
about his disappointing experiences. A loyal customer, however, is more than a customer
who frequently purchases from a company.
1.3 COMPANY PROFILE
“LANDMARK GROUP”5
As mentioned above the topic of this project is about the two primary outlets
(MAX AND SPLASH) of LANDMARK GROUP, so first we would like to start
with the company profile i.e. about LANDMARK GROUP.
Founded in 1973 in Bahrain, the LANDMARK GROUP has successfully grown
into one of the largest and most successful retail organizations in the Middle East.
An international, diversified retail conglomerate that encourages entrepreneurship
to consistently deliver exceptional value, the Group operates over 900 stores
encompassing a retail presence of over 13 million sq. ft. across Middle East, India,
Egypt, Turkey, Yemen and Pakistan (franchise operation). The Group employs
around 31,000 employees.
The main proposition of the Landmark Group is its product and concept innovation. The
entire retail experience revolves around its “Concept” stores, which have been designed
and engineered to suit evolving customer needs and lifestyles. The foundation of
Landmark Group is built on the philosophy that the 'Customer comes first'.
6
The 3 pillars on which the Landmark Group continues to grow exponentially, ventures
into new markets and Captures greater market share are=> Carefully listen- Constantly
adapt- Always deliver.
[,Lifestyle Stores,www.lifestylestores .co.cc]
The Landmark Group provides a value-driven product range for the entire family through
a diverse portfolio of core retail brands. This includes a host of home grown brands in
addition to international franchise offerings. These brands have evolved to be the
preferred choice for consumers and have become category killers.
The various brands of LANDMARK GROUP are:-
Home Centre Centrepoint Babyshop Splash Shoe Mart Lifestyle Beautybay Iconic Q Home Décor Max Shoexpress Emax Lifestyle Department Stores SPAR hypermarkets
Home Center
There's no place like home, and there's no place like Home Centre to transform any
space into your dream home. At over 50 stores spread across the GCC, North Africa,
Jordan and the Indian Subcontinent, Home Centre is the leading retailer of furniture
7
and homewares in the region. From its first store in Sharjah, UAE in 1995, Home
Centre today occupies half a million sq. ft. of retail space within its stores in the UAE
and targeting to take this to 750,000 sq. ft. by opening new stores by end of 2010, and
over 2 million sq. ft. of retail space across the Middle East & its markets. Home
Centre product range spans furniture, homeware & accessories for the living,
bedrooms, dining, Kids, Outdoors & Home Office Segments. Home Centre has
recently been awarded the Superbrand Status for 2010 across 2 key markets in the
Middle East: UAE & Kuwait Home Centre has always been responsible towards the
environment and the society it operates in. The recent incident has been an initiative
by Home Centre to raise funds for the Dubai Autism Center to help children with
Autism Spectrum Disorder. Green Initiatives by Home Centre has been to reduce
usage of plastic shopping bags and replace the same with recyclable paper bags.
Centrepoint ‘Single destination shopping experience’
Centrepoint is a one stop shopping destination, with Babyshop, Splash, Lifestyle,
Shoe Mart and more recently Beautybay under one roof. Centrepoint has become the
1st choice shopping destination for the whole family across the Middle East.
The Centrepoint has been designed to reflect the dynamism and diversity of the
brands it represents and leverage their brand equity and appeal. The most visible
benefit of this convergence has been the enhanced design and stimulating shopping
experience for consumers. Centrepoint will offer the same great value for money in a
visually exciting destination for the whole family. It is shaping consumer perceptions,
increasing brand worth and fuelling future growth for the group in the mid market
retail section.
8
Babyshop ‘One Stop Shop for all your Children's Needs’
Babyshop is a concept store specializing in toys, fashion clothing, baby basics,
nursery furniture and much more for newborn babies, toddlers and children up to 16
years. Babyshop has revolutionized retailing for children and mothers by
understanding the needs and delivering products and services as per their requirement
in a pleasant and fun filled environment. The chain's international brands includes
Lee cooper, Barbie, Disney, Graco, Ferrari (cycles and car seat), Maclaren (car seats),
Maui & Sons, Fisher Price, Little Tikes, Peg Perego and several others and also has
its own in-house brands named Juniors, Giggles and Gear. Babyshop sources
products from the best manufacturing units from all over the world, making sure at
all times to uphold the quality value of its brand far above competition and
expectation.
Splash ‘Multi-brand store with International & In-house designed brands’
Splash is a leading high street fashion retailer in the Middle East and showcases
popular collections for men, women and teens with a wide offering of fashion apparel
and accessories to suit its customer's every lifestyle need. Known for its extremely
competitive value and up to date mapping of global trends, Splash has carved a niche
for itself as one of the most successful local players in the Middle East's high-street
fashion category. The core philosophy that drives Splash, and the dynamic team that
makes the brand, is that youth is nothing but a frame of mind. In-house designed
collections include favorites like Ms, Nexus, Retro, Zync, Scarlet and Friday-Kinyobi
9
while Splash's international portfolio comprises of international brands like Lee
Cooper (European denim brand), Arrow (American Apparel brand), Bossini (Hong
Kong based leisurewear brand), Kappa (Italian sports brand), Maui & Sons
(Californian surf & lifestyle brand), UMM (Italian Music Inspired Brand) and Zodiac
(the Business shirt & Tie brand) among others.
Shoe Mart ‘One stop shop for fashion footwear and accessories'
Shoe Mart, the largest footwear and accessories retail chain in the Middle East offers
a range of affordable, world - class brands for men, women and children. Shoe Mart,
a home grown and leading footwear brand, offers a plethora of fashion labels for
everyone's feet. Shoe Mart is the largest retailer in footwear and accessories operating
across the UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, Jordan and Egypt.With the
single minded objective to deliver the best to our valued customers continually, Shoe
Mart retails extensive collections of fashionable casuals, formals, sporty and chic
footwear from over 30 countries across the globe! Along with a spoilt-for-choice
range in trendy footwear for all ages, it also offer an array of alluring accessories
including handbags, belts, jewelry, school bags, and a selection of shoe care products.
Lifestyle ‘The essence of a woman’
Lifestyle, a well-defined retail concept, offers a wide range of exclusive products,
from an exquisite variety of home décor, furnishing and bath décor to home
10
fragrance, makeup, perfumes, fashion accessories, bags, spa products and teen gifts.
Since its inception in 1998, Lifestyle has expanded into a chain of over 80 stores
across the Middle East, offering an incredible range of products in home décor, home
furnishing, bath décor, lighting, home fragrances, makeup, perfumes, fashion
accessories, fashion bags, spa and teen gifts. With a range that truly reflects her
feminity, style and passions, at Lifestyle a woman knows that 'It's all about her'.
Beautybay ‘International brand store for beauty, health and wellbeing’
Beautybay offers one stop shopping for value and luxury fragrances, cosmetics,
skincare, hair care, bath and body care and beauty accessories. Beautybay exclusively
carries several beauty brands including A'Kin, Bodycology, Diego Dalla Palma,
Erborian, Pupa, REN, Rouge Bunny Rouge and VMV Hypoallergenics. With an
extensive portfolio of market leading favorites such as Armani, Boss, CK, Dior,
D&G, Givenchy, Gucci, and YSL to name a few, Beautybay also offers
complimentary makeovers and skin consultations in exclusively designed beauty and
treatment rooms. Located at selected Centrepoint destination stores, Beautybay stores
have in-house fragrance consultants, professional make-up artists, and skin-care
specialists for all your beauty advice and care.
SPAR hypermarkets ‘Live Life Better’
Spar is the world's largest independent food retail chain present with 13,785 stores
present in 37 countries. The company, headquartered in Amsterdam, was established
11
in 1932 and has annual revenue of USD 42 billion. Spar Hypermarkets and
supermarkets in India is the result of a license agreement between the Landmark
Group's Max Hypermarkets India Pvt. Ltd. and Spar International. Spar currently has
three stores in Bangalore and one each in Hyderabad and Mangalore. Shoppers have
the option to choose from a wide variety of quality products in categories ranging
from grocery, fruit and vegetables, bakery, dairy, take away foods, meat, poultry and
fish, wine, beer and spirits, home textiles, personal care, crockery, utensils and
kitchen appliances, electronics and IT accessories and more.
Q Home Décor ‘Destination store offering fine design inspired furniture at affordable value’
Q Home Décor is a network of luxury furnishings stores in Dubai, Abu Dhabi, Al
Ain and Bahrain, specializing in classic, contemporary and eclectic furniture and
home accessories. Q Home Décor offers a dynamically different and innovative
selection of showpieces and sets with deluxe styling touches and excellent
craftsmanship. Customers experience peaceful, comfortable and beautiful shopping
environments, featuring individually decorated room settings. For Q Home Décor,
the goal is to offer outstanding shopping experiences and luxury furnishings,
combining beauty of detail, form and function with remarkable value. We search the
world to find superb quality furnishings at reasonable, affordable prices. And we pass
the benefits of our phenomenal sourcing expertise on to our customers. This simply
means we've made living in furnishing luxury highly affordable.
Lifestyle Department Stores ‘Your style. Your store’
12
Lifestyle entered in India in 1999 and in a little over a decade has come to be
recognized amongst leading retail companies in the country. Positioned as a trendy,
young, colorful and vibrant store, Lifestyle offers consumers not just the ease of
shopping but also provides for an enjoyable shopping experience. Each Lifestyle
store from Lifestyle International (P) Ltd. brings together five concepts under one
roof - Apparel, Footwear, Children Wear & Toys, Household & Furniture and Health
& Beauty; offering a convenient one-stop shop and a choice of over 250 national &
international brands. The Group has also introduced Home Centre, a one stop
destination for affordable furniture, home décor and soft furnishing that truly
represents style, comfort and individuality.
Emax ‘Think Electronics, Think Emax’
Emax is the fastest growing electronics retail chain in the Middle East and an integral
part of the USD3.2 billion Landmark Group. Emax currently has showrooms across
the UAE, Saudi Arabia, Oman, Qatar and Bahrain, with 19 Emax stores spread across
the GCC, where the group has pioneered the 'Big Box' concept, offering customers a
one-stop-shop of innovation and benchmark excellence in customer care,
convenience, product offering and retail distinction. Emax's aggressive expansion
plans will see the group grow to reach over 30 stores by the end of 2010, covering
over 1.1 million sq. ft. and touching a turnover of AED 2 billion. Emax offers its
customers the widest spectrum of products including audio video, appliances, mobile
phones, photography, gaming, IT, CD/DVD, lighting, fitness equipments and all
related accessories. Emax is a vertically integrated full service electronic company,
with an established presence in Retail, Distribution, Service centers, Projects and
13
Exports. Emax represents more than 300 brands, with over 100,000 products across
20 plus categories. This, accompanied by unparalleled service and competitive value,
makes Emax the one stop shop for all electronics needs.
Shoexpress ‘Your sign of value’
Shoexpress represents a true value experience, offering a wonderful assortment of
footwear and accessories at truly unbelievable prices. Shoexpress store design &
concept is fresh, attractive and very efficient in its approach. The Shoexpress open
stock concept is known as the rack room system. The attractive and fashionable shoes
are displayed in a very clear and orderly fashion within each of the departments,
allowing customers to easily find their desired choice. Shoexpress provides a huge
collection of fun, fashionable and eye-catching accessories, including costume
jewelry, handbags and purses, as well as socks and belts for the entire family. Overall
the store environment is fun, well merchandised and appeals to a wide spectrum of
customers.
Max ‘Look good, Feel good’
Max, the largest value fashion retailer in the Middle East offers fashion clothing,
footwear, accessories and household products at amazing value, all under one roof.
Launched in UAE in May 2004, Max is today the largest value fashion retail chain in
14
the Middle East. Max caters to the mid market section of the population. With 114
stores across UAE, KSA, Jordan, Kuwait, Bahrain, Qatar, Oman, Turkey, Egypt,
Yemen & India, MAX plans to expand its network in more potential markets within
the Middle East & beyond. With stores that typically measures between 18,000 to
30,000 sq. ft., Max retails private label clothing for men, women and children as well
as footwear and home. A good shopping experience with fashionable products at
great value is an assurance that translates into making customers "Look good, Feel
good" with Max.
Iconic ‘One stop wardrobe and lifestyle solutions for trendy men and women’
Iconic is a brand new fashion/lifestyle retail concept of the Landmark Group. Located
at the mouth of the Metro at Deira City Centre, Iconic made its debut to the world on
February 26, 2010. Spanning over 70,000 square feet and two levels of retail space,
Iconic houses everything from fashion to cosmetics, electronics to restaurants, salons
to gifts and novelties, all under one roof. Pioneering the concept of high - street to
Bridge brands, Iconic's fashion section has over 130 brands with over 70 niche and
cult brands available for the first time in the UAE. With an eye firmly on the future,
Iconic is built on the time tested Landmark Group's promise of value.
The Franchise brands of LANDMARK GROUP are:- Landmark International International Footwear
15
Landmark International ‘Building Brand Together’
Landmark International was established in 2005 to focus on managing and growing
Landmark Group's portfolio of international brands in the Middle East and North
Africa. The business operates 4 international brands; New Look, Reiss, Koton and
Aftershock across 6 countries.
1) New Look is the UK's third largest Womenswear retailer in the UK offering the
latest fashion trends at great prices with 27 stores across the Middle East in the UAE,
Kuwait, Bahrain, Egypt and Saudi Arabia.
2) Aftershock offers an array of the finest, embellished evening wear to luxurious
daywear as well as stunning accessories across 15 stores in the Middle East including
UAE, Qatar, Bahrain and Saudi Arabia.
3) Koton is a Turkish fashion brand that offers a wide range of apparel and
accessories via Koton Women, Men and Ole across 28 stores in the Middle East in the
UAE, Bahrain and Saudi Arabia.
4) Reiss is UK's leading fashion bridge brand with directional, design-led menswear,
womens wear and accessories across 8 stores in the Middle East including the UAE,
Kuwait, Bahrain and Qatar.
International Footwear Division ‘The one-stop for popular footwear brands’
With the Group's distinct advantage as the region's leading footwear retailer, the
international franchise division of Shoe Mart has attracted some of the world's best
16
brands within a short time. The division is poised to step out with an ever increasing
portfolio of international footwear brands in the near future.
Bata is a franchise of Compar SPA - MBU of Bata in Italy with a truly Italian in its
design. Shoe Mart manages upto 10 Bata stores in U.A.E, Bahrain, Oman and Qatar.
Bianco Footwear's range of footwear and accessories for men and women
redefines European culture, couture and fashion, by taking trends from the catwalk
and converting them into trends on the sidewalk.
Dumond from Paqueta combines Brazilian fashion with international trends for the
urban woman. Shoe Mart operates upto 9 Dumond stores across the Middle East.
Ecco was founded on the belief that shoes should follow the foot and not the other
way around. Since 2002, Shoe Mart has become Ecco's largest franchise partner
operating 14 of their stores in the Middle East.
Foot Solutions is ranked the #1 in health and wellness franchise, focusing on foot
care and proper fit. Foot Solutions has stores at Oasis Centre & Mirdif City Centre in
the U.A.E.
Kurt Geiger is the No.1 luxury shoe retailer in Europe and is the largest retailer of
Gucci and Prada. Shoe Mart operates 13 Kurt Geiger stores in U.A.E, Kuwait, Qatar,
Bahrain & Saudi Arabia.
Pablosky is a specialist in children's footwear of style and comfort. Shoe Mart
operates 12 Pablosky stores in U.A.E, Bahrain, Oman, Qatar & Kuwait.
Via Uno has enjoyed significant growth since 1991 keeping up with new trends at
all times offering quality, beauty and comfort. Via Uno has stores at Ajman & Mirdif
City Centre in the U.A.E.
Valencia Shoes has been operating in the UAE for more than 20 years and in 2005
joined hands with Landmark group to offer their progressive fashion footwear and
accessories for men, women and children.
17
FABI Shoes is a boutique store operating since 1965, sporting an exclusive line of
high-end footwear and premium materials for both Men & Women.
Casadei was set up in the late-50s and is now a red carpet accessory with the
creativity and passion born of Italian workshops offered through Shoe Mart in malls
across UAE.
Giuseppe Zanotti Designs offer shoes that shine with detailed construction in each
shoe, making them the preference of celebrities and fashionistas around the globe
alike.
Vinci Camuto Vince Camuto franchised by Valencia Shoes, offers amazing
footwear with exceptional designs at a surprising value without compromising high
standards of quality and craftsmanship.
Kathy Van Zeeland Kathy Van Zeeland offers creative and affordable luxury
handbags in the the classical, trendy, sporty and casual styles in a variety in handbags
are suited to all age groups
The Landmark Group has also diversified into leisure, food and hotels segments
under the division, Landmark Hospitality. Through this division the Group offers
its customers the best in fine and casual dining; educational and recreational
family entertainment centers; grooming and relaxation centers and affordable
budget hotel accommodations.
18
The Landmark Hospitality brands are:
Foodmark
Fun City
Gourmet Station
Spaces
Citymax Hotels
Citymax India
Foodmark‘World Class cuisines for food connoisseurs’
Foodmark is the food and beverage division of the Landmark Group operating a
number of internationally franchised restaurants within the UAE, including
Carluccio's, Mango Tree and Mango Tree Bistro. The division also has joint ventures
with The Meat Company in Dubai, Abu Dhabi, and Kuwait, in addition to Ushna in
Abu Dhabi and La Gaufrette and Bazerkan in Dubai. As one of the region's leading
companies in the food and beverage industry, Foodmark's ambition is to grow
further, bringing additional franchises under its portfolio while adding to its own-
brand restaurants - Wild Ginger, BITE Café and Zafran. Foodmark continues to go
from strength to strength in the UAE and aims to establish excellent international
chic, semi-casual and casual dining venues in strategic locations across the Middle
East, offering fantastic cuisines and consistent levels of service to suit each diner's
distinct taste, a total dining experience.
19
Fun City ‘Come, play!’
As one of the best-recognized family entertainment brands across the Middle-East,
Fun City caters to babies and toddlers through to tweens and teenagers as well as
parents, visiting on either a private basis or as a school group or celebration party.
The business ideology is based on putting a smile on everyone's face. Fun City was
first established in 1999 with themes on imaginative play, social and pretend play,
dress up and role play along with fine-motor skills development. Built to ensure the
centres not only entertain, but also creates value based learning experiences. For the
older guests, Fun City offers amusement and gaming arcades. Activities vary by
centre and geography, with many centres offering popular Summer Fun, studio
classes of Martial Arts and Gymnastics, Drama and Antics and Step and Groove
dance classes for children and tweens, Kick Boxing for older visitors, as well as Yoga
and clubs for mothers to get together, as well as Boogie Babies for the under 6's.
Fun City's latest venture is a massive 1.65 million sq. ft. theme park in Egypt. The
theme park, on its completion, will be one of its kinds and bear resemblance with the
Egyptian heritage. The theme park will be home to over 50 major attractions and
rides and will have a host of restaurants as well as a state of the art indoor amusement
centre, Fun City.
Gourmet Station ‘The store for people who love food’
A feast for the eyes - and a delight to the senses - Gourmet Station is a shopping
destination celebrating the authentic food markets of yesteryear in a modern
contemporary way! Here the pleasure of eating, the art of preparation and a true
20
market shopping experience come together to create a tantalizing fusion of retail food
product, exotic cuisines and unique eat-in dining offerings. The Gourmet Station
offers a wide range of select gourmet products appealing to lovers of great food. We
offer an extensive range of specialized gourmet food products for eat-in or retail take-
out. Departments include bakery, cakes and confectionery, tea and coffee, meat, deli
and cheese, juice bar, and general groceries.
Spaces ‘Spa-salon offering quality grooming and relaxation services for ladies and
gents’
SPACES,a spa - salon in malls, offers a whole range of efficient and quality
grooming and relaxation services for ladies and gents. Established in 2009 in Dubai,
SPACES marks the Landmark Group's foray into the grooming and spa business.
SPACES offers an unrivalled selection of high quality treatments by therapists and
stylists who have a wealth of knowledge and experience. Treatments include
everything from manicures and pedicures, relaxing facials and massages, specialized
eyebrow waxing and threading, body waxing, IPL hair removal and an outstanding
hair salon with highly qualified hair stylists, who specialize in a wide range of hair
types including Afro hair. With specific treatments being offered for both men and
women, Spaces allows customers to enjoy a relaxing massage or a quick grooming
session.
Citymax Hotels: ‘Modern hospitality at an extraordinary value’
21
Citymax Hotels offers outstanding comfort and facilities of the highest standards
while providing extraordinary value for money. The first Citymax hotel is now open
in Al Barsha and two further properties in Bur Dubai and Sharjah will be opening
later in the year. The hotels are strategically located in the business and shopping
districts and have a range of dining facilities. The Al Barsha and Bur Dubai
properties are also in close proximity to the Dubai Metro to offer maximum
convenience to all customers. All the rooms have internet connections, 32" LCD
televisions, power showers, in - room refrigerators, safes, hospitality tray and
10"thick mattresses for exceptional comfort.
Citymax India: ‘Fun and food redefined’
Citymax India offers its customers a gamut of choices through Food Courts, Coffee
Outlets, Specialty Restaurants and Fun & Entertainment Centers. The outlets have
carved a niche for themselves by offering quality products, lively ambience and
warm & friendly service which leads to a world class experience. With a vision to
become an integrated hospitality company in the country, Citymax India is striving to
blend luxury with superlative value in all its endeavors.
Chairman’s Views: About the Company
22
The Landmark Group firmly believes that, a business entity is responsible for the
wellbeing of the community and society it operates in. By playing an active role in
making positive changes, the Group chooses to repay its debt to society.
The Chairman of LANDMARK GROUP, Micky Jagtiani says that “Our
commitment as a Group to Corporate Social Responsibility (CSR) is not merely
about charity and the likes, but playing a more responsible part in the society, be it
within the organization, towards our stakeholders, environment or society”.
Addressing the most pressing community issues fundamental to the business of the
company, the members of the group are driven by their visionary Chairman,
Micky Jagtiani who spearheads LIFE (Landmark International Foundation for
Empowerment) in India.
The Landmark Group's loyalty programs are a testament to the Group's
commitment in enhancing its relationship with its customers. Landmark customers
across various brands are the focus of these programs as an expression of
appreciation and improved customer experience. With a 'customer first' focus, the
programs have achieved leadership status in the retail segment - confirmed by
member base and redemption of rewards. Landmark Loyalty Programs offer a
world of privileges to its members - from added value, savings, rewards, to an
enriched customer experience with Landmark Group and its brands.
23
MAX and SPLASH are part of the Landmark Group, Dubai – based retail
chains. With over 30 years‟ experience in retailing, the Group has become one of the
foremost retailers in the Gulf. These are positioned as a trendy, youthful and vibrant
brands that offer customers a wide variety of merchandise at an exceptional value for
money.
These are the two primary brands of LANDMARK GROUP under our study:
1) MAX
2) SPLASH
Max“Look good, Feel good”
24
Max, the largest value fashion retailer in the Middle East offers fashion clothing,
footwear, accessories and household products at amazing value, all under one roof.
Launched in UAE in May 2004, Max is today the largest value fashion retail chain in the
Middle East. Max caters to the mid market section of the population. With 114 stores
across UAE, KSA, Jordan, Kuwait, Bahrain, Qatar, Oman, Turkey, Egypt, Yemen &
India, MAX plans to expand its network in more potential markets within the Middle
East & beyond. With stores that typically measures between 18,000 to 30,000 sq. ft., Max
retails private label clothing for men, women and children as well as footwear and home.
A good shopping experience with fashionable products at great value is an assurance that
translates into making customers "Look good, Feel good" with Max.
Due to the success generated by the first Max retail store, opened in May 2006 at Mecca
Mall, the Landmark Group decided to cater to a wider range of customers offering them
the latest in fashion garments, footwear and household accessories at an affordable price
without compromising on quality. Max is considered to be a Family shopping destination,
25
as it caters to the needs of the whole family offering them merchandise of in house
designs and planned color palettes for each season, in addition to professional customer
service provided by the store's smart and attentive teams. Max includes a wide range of
both men’s and women’s Casual Wear, Formal Wear, Party Wear, Ethnic Wear,
Innerwear and Sports Wear.
Max retails its own label clothing for men, women and children. A pioneer in the Middle
East of the global trend of delivering quality and value at very attractive prices, Max is
being increasingly recognized as a key player in the value retail format. Currently present
in the UAE, Saudi Arabia, Kuwait, Jordan, Bahrain, Qatar and India, Max plans to
expand further in the GCC and looks forward to building a presence in Egypt and Turkey.
A good shopping experience and a great value at Max translate into making customers
'Look good & Feel good' to the maximum. Max includes a wide range of both men’s and
women’s Casual Wear, Formal Wear, Party Wear, Ethnic Wear, Innerwear and Sports
Wear.
SPLASH“Multi-brand store with International & In-house designed brands”
26
Splash is a leading high street fashion retailer in the Middle East and showcases popular
collections for men, women and teens with a wide offering of fashion apparel and
accessories to suit its customer's every lifestyle need. Known for its extremely
competitive value and up to date mapping of global trends, Splash has carved a niche for
itself as one of the most successful local players in the Middle East's high-street fashion
category. The core philosophy that drives Splash, and the dynamic team that makes the
brand, is that youth is nothing but a frame of mind.
In-house designed collections include favorites like Ms, Nexus, Retro, ZYNC,
Scarlet and Friday-Kinyobi while Splash's international portfolio comprises of
international brands like Lee Cooper (European denim brand), Arrow (American Apparel
brand), Bossini (Hong Kong based leisurewear brand), Kappa (Italian sports brand), Maui
& Sons (Californian surf & lifestyle brand), UMM (Italian Music Inspired Brand) and
Zodiac (the Business shirt & Tie brand) among others.
Latest news on Splash :
Darting further, high street fashion brand Splash, added three new yin-yang bar-
code concept stores to its UAE network. With 5000 sq. feet retail space in IBN
Batutta Mall, 11000 sq. feet in Al Ghurair City and 18000 sq. feet in RAK; Splash
now boasts of 24 stores across the UAE.
27
Catering to a niche clientele; IBN Battuta opened doors to customers on 3rd
September. Inaugurated by the Landmark Group Chairman Mr. Micky Jagtiani, this
'boutique' format store at IBN Batutta Mall aims at attracting a younger, more trend
focused crowd. The store located in India Court is loaded with dynamic brands like
Kinyobi, Nexus, MS, Retro and Jaded and also comes equipped with retail denim
legend Lee Cooper in a unique shop-in-shop format.
On the 10th of September, the Al Ghurair City store was inaugurated jointly by Mr.
Suliman Abdullah Al Ghurair and Mr. Micky Jagtiani amidst a big crowd that
gathered in anticipation outside the much awaited launch. The 11,000 sq. feet yin-
yang format store retails all Splash popular favorites like ZYNC, Scarlet, Lee
Cooper, Nexus and Kappa amongst others.
The RAK store which was launched on 17th September, forms a part of the
Centrepoint umbrella and boasts an area of over 16,000 sq. feet. Splash also re-
launched its store at the Centrepoint Mall of the Emirates which has also adopted
the new yin-yang retail design.
Speaking at one of the launch ceremonies Mr. Raza Beig, CEO, Splash said; "We
always strive to achieve as much proximity to our clientele as possible. Splash not
only aims at reaching out to larger audiences but also wants to deliver its customers
a wider choice. Our collection has always attracted the locals and expatriates alike.
This unique store-in-store format at IBN Batutta Mall is a testimony of our strife to
continuously breathe innovation and novelty."
"Splash is proud to showcase its collection at three of the UAE's finest community
centered locations. With its presence at Ibn Battuta Mall, Al Ghurair City and RAK
it will cater to diverse communities that reside in their catchment area. The motive
28
is to make them soon be addicted to the mix of high fashion & great value that
Splash has to offer."
Being continued, "With the launch of these stores, it has definitely put more
responsibility on its members shoulders to offer a superior retail environment, even
better customer service and quality products. With more store launches in the
pipeline, Splash sure is heading towards robust growth in the coming future".
Splash includes a wide range of both men’s and women’s Casual Wear, Formal Wear,
Party Wear, Ethnic Wear, Innerwear and Sports Wear.
Some of the brands kept under Women’s wear are:
Madame, MS, Levi’s, Lee, Pepe Jeans, Lee Cooper, Expozay, Melange, Biba, W,
Enamor, Sweet dreams, Triumph, Lady Care, Vanity Fair, Jockey, Zync, Numero
Uno, Lovable, Allen Solly etc.[Source:12th December,2007,Lifestyle
Stores,www.lifestylestores .com/pages/store_locator.htm]
Some of the brands kept under Men’s wear are:
Nexus, Provogue, Black Berry’s, Numero Uno, Louis Philippe, Pepe Jeans, Allen
Solly, Van Heusen, Zync, Jockey, Nike, Shapes, Reebok, Levi’s, Arrow, Adidas,
Tycoon, Wills, Colour Plus, Indian Terrain, Chromozome, Tommy Hilfiger etc.
[Source:12thDecember,2007,LifestyleStores,www.lifestylestores.com/pages/
store_locator.htm]
29
Max and Splash in RAK
“Splash and Max are the leading high street fashion retail brands of Landmark
Group in the U.A.E, RAK.” These showcases the popular collections for men, women
and teens with a wide offering of fashion apparel and accessories to suit its customer's
every lifestyle need. Known for its extremely competitive value and up to date mapping
of global trends, Splash and Max has carved a niche for itself as one of the most
30
successful local players in the U.A.E high-street fashion category. The core philosophy
that drives the two retail outlets and the dynamic team that makes the brand, is that youth
is nothing but a frame of mind.
These two retail outlets involve all activities incidental to selling to ultimate consumer for
their personnel family and household use. They do this by organizing their availability on
a relatively large scale and supplying them to customers on a relatively small scale. These
two retail stores are having the potential market share in retail marketing in RAK. There
is a large number of customers who visit these two stores every day, some out of them go
for pre planned buying, some just walk-in if they get attracted by something they tend to
purchase that particular item, some just roam around and come out without purchasing.
So there is different type of people visiting these two retail outlets. Families, children,
youth, aged, couples all are equally attracted by them.
1.4 Need/Purpose of Study:
Max and Splash are the two retail brands of Landmark Group, taken under study
basis the semester project. These two retail outlets involve all activities incidental
to selling to ultimate consumer for their personnel family and household use. They
do this by organizing their availability on a relatively large scale and supplying
them to customers on a relatively small scale. These two retail stores are having
31
the potential market share in retail marketing in RAK. There is a large number of
customers who visit these two stores every day, some out of them go for pre
planned buying, some just walk-in if they get attracted by something they tend to
purchase that particular item, some just roam around and come out without
purchasing. So there is different type of people visiting these two retail outlets.
Families, children, youth, aged, couples all are equally attracted by them.
The motive of our research is the study of customer satisfaction and perception
towards these two retail outlets of Landmark Group in UAE, RAK. The customer
perception includes their attitude and behavior towards max and splash whereas
customer satisfaction means how much they are satisfied with the service,
purchase and price of these two retail outlets.
CHAPTER 2
32
RESEARCH
METHODOLOGY
Statement of Problem
Scope of Study
Objectives
Methodology
Limitations
For the research purpose, firstly we went to the two stores (Max and Splash) for a
week’s time to analyze the stores completely. We studied our concept thoroughly
and then to conduct the survey and to compile our report on Consumer Perception
and Satisfaction for two Landmark Group brands, Max and Splash, products in
Ras-Al-Khaimah, we have used the questionnaire method.
Then, we prepared a questionnaire on comparative analysis for the survey of both
the stores (Max and Splash). Sample size used for the survey is 50.
33
We have included each possible question in questionnaire and made a data analysis
sheet for each question.
Statement of Problem
The purpose of the study is to determine the comparative analysis of two primary
brands; Max and Splash, of Landmark Group. The motive is to know which of the
two (Max or Splash) is more preferred by the customers. Data related to the study
will be collected through observational research method and through a survey
(questionnaires) distributed to potential customers.
Scope of the Study
The topic of our study is about the retail outlets or stores, so the scope of the study
relates to the retail industry only. The scope of conducting this study includes the
perception, attitude, behavior and satisfaction of the customers towards the above
mentioned two retail outlets of Landmark Group in UAE, RAK, in order to
know which is preferred more by the customers and the approximate number of
preferences for both the retail outlets. The methods or ways used by both of them
for marketing their products and people towards them. This can also help us in
34
knowing that which one of these two retail stores is able to attract the more
consumers.
As it is mentioned above that the study of this project is about the two retail brands
of Landmark Group, so the study is limited only to the two retail outlets (Max and
Splash) only. Further the scope of study limits to only two main retail outlets (i.e.
Max and Splash) in RAK which are taken into account for the research purpose.
Therefore the limit of study is only up to the survey of customers, who visit these
two retail outlets, Max and Splash in UAE, RAK.
The target universe of the study includes 50 people. Here, people of all age groups
and all salary groups are included.
Objectives of the study
To study the customer perception and attitude towards the two retail brands of
Landmark Group.
To know the customer satisfaction level towards both the retail outlets.
To determine the effectiveness of the various customer services and products
provided by the two retail outlets.
To find out the customer preferences about retail brands (Max and Splash) of
Landmark Group in UAE, RAK.
35
Methodology
Data Collection
The methodology of data collection is through the process of gathering data from
various primary sources and secondary sources of collecting data.
1. Primary Data:
Primary data is the first hand information collected from parents, College/
School going Students, Professionals to understand their views towards “What
are the Factors in selection of retail outlets”. Also the sales Executive at the Retail
Outlets were interviewed to know what a normal consumer is looking at. Primary
data collection method also includes direct personal interview and questionnaire
method,which we have used in our research.
2. Secondary Data:
The secondary sources of data collection which we used include: the
various past records of the company like sales data and reports, books,
newspapers, individuals, websites, magazines, e.t.c.
Sampling
36
Probability Sampling
Techniques
Snow ball Sampling
Judgemental Sampling
Quota Sampling
Sampling Techniques
Non probability Sampling Techniques
Convenience Sampling
SAMPLING TECHNIQUES
Sample is a subgroup of the elements of the population selected for participation in
the study. Sampling design begins by specifying the target population. The target
population is the collection of elements or objects that possess the information
sought by the researcher and about which inferences are to be made.
To conduct our survey, we have used:
Non-Probability Sampling:
Any sampling procedure that does not satisfy the chance of selecting any universe
element is a non-probability sampling method no matter what else is included in the
specification. In this method of sampling we have used Judgemental Sampling
Technique. In this method, the population elements are purposively selected based on the
judgement of the researcher.
37
[Source: Philip Kotler-Marketing Management]
Under this method a set of people are selected randomly who will be surveyed for the
study. The set of people consists of male and females who will be given the
questionnaires to fill in for the purpose of the study or research. In the Max and Splash
Concept, the target population is the people of almost all age groups visiting the two
stores (Max and Splash), so the questionnaire we got filled was from all age group
people.
Limitations of the Study
The questionnaire method of collecting data is used for investigation therefore
there is a possibility that biased information may get collected since the people can
be biased about the two retail outlets.
The size of selected sample for the study is quite small so it may not be enough for
deciding the viewpoints of all customers.
There was limited time period for the research purpose.
38
CHAPTER 3
ANALYSIS
AND
39
INTERPRETATION
Analysis
1. In which retail store you shop the most?
Out of 50 respondents,
19(38%) respondents said Max 31(62%) respondents said Splash
Store No. of Responses Percentage
Max 19 38%
Splash 31 62%
Total 50 100%
The findings are summarized in following graph:
40
38%
62%
Stores
MaxSplash
From the above graph, we got to know that most of the respondents shop from Splash i.e. 62% of the respondents shop from Splash and rest 38% respondents shop from Max.
2. How often do you visit your selected store?
Out of 31 respondents who selected Splash:
8(26%) said once in 15 days 4(13%) said once in 2 months 14(45%) said once a month 5(16%) said more than 2 months
Visit Interval No. of Responses PercentageOnce in 15 days 8 26%
Once in 2 months 4 13%Once a month 14 45%
More than 2 months 5 16%Total 31 100%
The findings are summarized in following graph:
41
Once in 15 days
Once in 2 months
Once a month
More than 2 months
0 5 10 15 20 25 30 35 40 45
Visit Interval
Visit Interval
From the above graph, we got to know that nearly half i.e. 45% of the respondents who shop from Splash they visit once a month, 26% once in 15 days, 13% once in 2 months and 16% more than 2 months.
Out of 19 respondents who selected Max:
4(21%) said once in 15 days 4(21%) said once in 2 months 8(42%) said once a month 3(16%) said more than 2 months
Visit Interval No. of Responses PercentageOnce in 15 days 4 21%
Once in 2 months 4 21%Once a month 8 42%
More than 2 months 3 16%Total 19 100%
The findings are summarized in following graph:
42
Once in 15 days
Once in 2 months
Once a month
More than 2 months
0 5 10 15 20 25 30 35 40 45
Visit Interval
Visit Interval
From the above graph, we got to know that nearly half i.e. 42% of respondents who selected Max visit there once in a month, 21% once in 15 days, 21% once in two months and 16% more than 2 months.
3. How frequently do you purchase garments?
Out of 31 respondents who selected Splash:
3(10%) said Weekly 19(61%) said Monthly 1(3%) said Yearly 8(26%) said Occasionally
Frequency of purchasing No. of Respondents PercentageWeekly 3 10%Monthly 19 61%Yearly 1 3%Occasionally 8 26%
43
Total 31 100
The findings are summarized in following graph:
Weekly Monthly Yearly Occasionally0
10
20
30
40
50
60
70
Frequency of Purchasing
Frequency of Purchasing
Out of 19 respondents who selected Max:
2(11%) said Weekly 8(42%) said Monthly 9(47%) said Occasionally
Frequency of purchasing No. of Respondents PercentageWeekly 2 11%Monthly 8 42%Occasionally 9 47%Total 19 100
The findings are summarized in following graph:
44
Weekly Monthly Occasionally0
5
10
15
20
25
30
35
40
45
50
Frequency of purchasing
Frequency of purchasing
4. When you enter the store, what is the first thing that you look for?
Respondents who selected Splash, out of those:
3% -Look for signboards 47%-Look for promotional offers 21%-Look for your brand 26%-Look for the section which you want to enter 3%-Others like Look for trolley or basket
Respondents who selected Max, out of those:
5% -Look for signboards 32%-Look for promotional offers 14%-Look for your brand 45%-Look for the section which you want to enter 5%-Others like Look for trolley or basket
45
The findings are summarized below:
Look for signboards
Look for promotional
offers
Look for your brand
Look for the sections
which you want to enter
Others
05101520253035404550
Splash
Max
5. How much do you spend on garments?
Respondents who selected Splash, out of those:
6% said weekly, average amount spend by the respondents Dhs275. 87% said monthly, average amount spend by the respondents Dhs450. 6%said yearly, average amount spend by the respondents Dhs2000.
Respondents who selected Max, out of those:
11% said weekly, average amount spend by the respondents Dhs65. 79% said monthly, average amount spend by the respondents Dhs407. 11%said yearly, average amount spend by the respondents Dhs2700.
Table representing number and corresponding percentages of responses for time interval of spending on garments:
Time Interval No. of No. of Percentage Percentage
46
Responses, Max
Responses, Splash
Max Splash
Weekly 2 2 10.5% 6.5%Monthly 15 27 79% 87%Yearly 2 2 10.5% 6.5%Total 19 31 100% 100%
The findings are summarized below:
Weekly Monthly Yearly0
10
20
30
40
50
60
70
80
90
10.5
79
10.56.5
87
6.5
Percantage,MaxPercentage,Splash
Table representing average amount spent on garments at two stores:
Time Interval Splash, Average Amount(Dhs)
Max, Average Amount(Dhs)
Weekly 275 65Monthly 450 407Yearly 2000 2700Total 2725 3172
The findings are summarized below:
47
Weekly Montly Yearly0
500
1000
1500
2000
2500
3000
275450
2000
65
407
2700
Splash, Avg amountMax, Avg amount
6. Which of the factors are most important to you while making a purchase?
Out of those who selected Splash:
12(18%) responded for variety/collection 14(21%) responded for brand 13(19%) responded for price 18(26%) responded for quality 11(16%) responded for style
Factors No. of responses PercentageVariety/Collection 12 18%Brand 14 21%Price 13 19%
48
Quality 18 26%Style 11 16%
18%
21%
19%
26%
16%
Important factors while purchasing from Splash
Variety/CollectionBrandPriceQualityStyle
Out of those who selected Max:
8(20%) responded for variety/collection 5(12% )responded for brand 10(24%) responded for price 9(22%) responded for quality 9(22%) responded for style
Factors No. of responses PercentageVariety/Collection 8 20%Brand 5 12%Price 10 24%Quality 9 22%Style 9 22%
49
20%
12%
24%22%
22%
Important factors while purchasing from Max
Variety/CollectionBrandPriceQualityStyle
7. Which is your favorite brand in the selected store?
Out of those who selected Max:
93% said max brand. 7% said other brand.
50
Max Others0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Brands
Brands
Out of those who selected Splash:
Brands No. of Responses PercentageNexus 3 9%Kappa 8 25%Lee Cooper 11 34%2extremes 1 3.5%Levis 2 7%Retro 3 9%Zync 3 9%
51
M/S 1 3.5%Total 100%
Nexus
Kappa
Lee Cooper
2extremes
Levis
Retro
Zync
M/S
0% 5% 10% 15% 20% 25% 30% 35%
Preferred brands
Percentage of preferred brand
8. Which are the factors that influence you to enter into the garments section in your selected store?
Out of the respondents who selected Splash:
Influence Rate
1 2 3 4 5 6 7 8
Visual Display
1 0 5 2 0 4 4 4
Display of Merchandise
1 2 4 3 1 2 2 3
Varieties Available
2 0 5 5 1 2 3 2
52
Brands Available
4 2 1 2 5 2 2 2
Customer Service
2 3 3 1 3 4 2 2
Ambience 5 1 0 2 3 2 4 1
Promotions 1 6 0 1 7 2 1 5Discounts 3 5 0 2 5 1 1 0
Out of those who selected Max:
Influence Rate
1 2 3 4 5 6 7 8
Visual Display
2 3 2 3 4 2 6 5
Display of Merchandise
2 3 4 1 2 6 4 5
Varieties Available
5 5 3 5 3 0 2 2
Brands Available
7 9 3 1 1 1 1 3
Customer Service
0 1 2 7 7 4 3 2
Ambience 3 3 0 4 3 5 2 5
Promotions 4 4 3 5 3 5 1 1
Discounts 2 3 9 2 3 2 4 1
9. Are you satisfied with the different brands available at the store?
Out of 31 respondents of Splash:
30(i.e. 97%) respondents said Yes. 1(i.e. 3%) respondents said No.
Out of 19 respondents of Max:
53
17(i.e.89%) respondents said Yes. 2(i.e.11%) respondents said No.
Splash Max
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
YesNo
10. What attracts you to a particular brand or section?
Out of the respondents who selected Splash:
28% said Promotional Offers 7% said Attractive display 14% said Price 21% said Season’s Collection 30% said Latest Fashion Trends
Out of the respondents who selected Max:
54
19% said Promotional Offers 9% said Attractive display 16% said Price 31% said Season’s Collection 25% said Latest Fashion Trends
Attraction Point %age Responses for Splash
%age Responses for Max
Promotional Offers 28 19Attractive display 7 9
Price 14 16Season’s Collection 21 31
Latest Fashion Trends 30 25Total 100
Pro
motional
Offers
Attracti
ve d
isplay
Price
Seas
on’s Colle
ction
Late
st Fa
shio
n Tren
ds0
5
10
15
20
25
30
35
%age Responses for Splash%age Responses for Max
11. How does the store layout makes it for you to move around?
Out of the respondents who selected Splash:
16% responded Very Easy 45% responded Easy 39% responded Manageable
Out of the respondents who selected Max:
16% responded Very Easy 32% responded Easy
55
52% responded Manageable
Layout view %age responses for Splash %age responses for MaxVery Easy 16 16Easy 45 32Manageable 39 52Total 100 100
Very EasyEasy
Managable
0
10
20
30
40
50
60
16
453916
32
52
%ageResponses,Splash%age Responses,Max
12. Are you satisfied with the different garment prices in the store?
Out of 31 respondents of Splash:
26(i.e.84%) respondents said Yes. 5(i.e.16%) respondents said No.
Out of 19 respondents of Max:
56
18(i.e.95%) respondents said Yes. 1(i.e.5%) respondents said No.
Yes No
0
10
20
30
40
50
60
70
80
90
100
%age level for Splash%age level for Max
13. What kind of advertising affects or helps you the most in knowing about the products?
Out of the respondents who selected Splash:
30% respondents said Word of Mouth. 11% respondents said Hoardings. 16% respondents said Magazines. 17% respondents said Newspaper. 12% respondents said Television.
57
9% respondents said Radio. 5% respondents said Online.
The findings are summarized below in a graph:
Word of M
outh
Hoardings
Magazin
es
Newspaper
Televi
sion
RadioOnline
0%
5%
10%
15%
20%
25%
30%
Effective Advertisement Responses(%),Splash
Effective Advertisement Responses(%)
Out of the respondents who selected Max:
24% respondents said Word of Mouth. 14% respondents said Hoardings. 26% respondents said Magazines. 6% respondents said Newspaper. 12% respondents said Television. 9% respondents said Radio. 6% respondents said Online. 3% respondents said Others.
58
The findings are summarized below:
Word of M
outh
Hoardings
Magazin
es
Newspaper
Televi
sion
RadioOnline
Others0%
5%
10%
15%
20%
25%
30%
Effective advertisement Responses(%),Max
Effective advertisement Responses(%)
14. Did you feel comfortable while shopping at your selected store?
Out of those who selected Splash, almost all the respondents (i.e.98%) said they felt comfortable while shopping at Splash and those who selected Max; out of them 97% of respondents said they felt comfortable while shopping at Max.
The findings are summarized in the graph below:
59
Splash Max
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
YesNo
15. Would you suggest others to shop at your selected store?
Out of those who selected Splash:
90% respondents said they suggest others to shop at their selected store. 10% respondents said they don’t suggest others to shop at their selected store.
Out of those who selected Max:
74% respondents said they suggest others to shop at their selected store. 26% respondents said they don’t suggest others to shop at their selected store.
60
Suggest others to shop at Splash (Responses in %) Max (Responses in %)Yes 90% 74%No 10% 26%Total 100% 100%
The findings of above are summarized below:
Splash Max0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Yes
No
90% 74%
10%
26%
YesNo
16. Respondents were asked to rate Splash and Max on the scale of 1-10.
The responses of respondents are presented in the following table:
Rating Splash (Responses in %) Max (Responses in %)1 8 162 18 143 10 64 12 45 6 166 14 67 14 148 8 189 6 4
61
10 4 2Total 100 100
Above findings are summarized in the following graph:
1 2 3 4 5 6 7 8 9 10
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Splash ratings(%)Max ratings(%)
62
CHAPTER 4
FINDINGS &
SUGGESTIONS
FINDINGS
All the conclusions are drawn based on the analysis and interpretation of the primary
data regarding the customer perception and satisfaction towards the two primary
brands i.e. Max & Splash of Landmark Group, UAE, RAK
From the analysis it is concluded that very large number of respondents i.e. 62%
mostly shop at Splash. The number of respondents for Max is comparatively low
i.e.38%. From this percentage figure we conclude that Splash is preferred more
than Max.
63
According to the analysis, respondents who selected Splash, among them 26%
respondents visit the store once in 15 days, 13% once in 2 months, 45% once in
month, 16% more than 2 months. Respondents who selected Max, among them
21% visit the store once in 15 days, 21% once in 2 months, 42% once in month,
16% more than 2 months. From these figures it is clear that the figure of people
visiting monthly in Splash is more than Max.
The analysis shows the figures of occurrence of purchase i.e. how frequently
purchase take place. From Splash responses were 10% for weekly, 61% monthly,
3% yearly, 26% occasionally whereas Max among respondents, 11% purchase
weekly, 42% monthly, 47% occasionally.
Analysis has shown that when respondents enter Splash, 47% look for promotional
offers, 3% look for signboards, 21% look for their brand, 26% look for the
sections which they want to enter and 3% said others whereas among respondents
of Max, 5% look for signboards, 32% look for promotional offers, 14% look for
their brand, 45% look for the sections which they want to enter and 5% said
others. For others option, respondents have given the very true answer i.e. when
they enter the store they look for a trolley or basket.
From the analysis and interpretation the average figures of money spent by
respondents have been drawn. Average amount spent on garments purchase by
respondents of Splash is: Dhs 275 for those who visit weekly, Dhs 450 for those
who visit monthly and Dhs 2000 for those who visit yearly at the store. For
respondents of Max the average amount spent on garments purchase is: Dhs 65 for
those who visit weekly, Dhs 407 for those who visit monthly and Dhs 2700 for
64
those who visit yearly at the store. It can be clearly seen that the average amount
figures of garments purchase of Splash are large.
The study shows that important factors to respondents while making a purchase at
Splash are variety/collection (18%), brand (21%), price (19%), quality (26%),
style (16%). Among the respondents of max 20% said variety/collection, 12%
brand, 24% price, 22% quality and 22% style.
The analysis study shows that there is mainly one brand at the Max store i.e. max,
97% respondents of Max like this brand and 3% said other. Among the
respondents Splash, 34% said Lee Cooper as their favorite brand, 9% Nexus, 25%
Kappa, 3.5% 2extremes, 6% Levis, 9% Retro, 3.5% M/S and 9% Zync.
From the analysis it is understood that factors such as ambience, promotions,
discounts, customer service, varieties available, visual appeal, brands available,
and display of merchandise are very important factors for any garments store to
attract customers and make them to purchase from garments section.
According to the study 97% of the respondents of splash are satisfied with the
different brands available at the store and only 3% are not satisfied, reason these
respondents gave was that the price of some brands is quite high. 89% of the
respondents of Max are satisfied with the brands available and 11% are
dissatisfied and the reason for their dissatisfaction is that Max caters only one
primary brand (i.e. max), it should keep other brands of the company as well for
its better run.
From the analysis we can conclude that among the respondents of Splash, 28% of
respondents are attracted by promotional offers, 7% by attractive display, 14% by
price, 21% by season’s collection and 30% by latest fashion trends whereas among
65
respondents of Max, 19% are attracted by promotional offers, 9% by attractive
display, 16% by price, 31% by season’s collection and 25% by the latest fashion
trends. From the analysis it is clear that Splash is able to attract more customers
by its various activities.
The analysis of store layout was also done by asking the respondents that does the
store layout make it easy for respondents to move around. Among the respondents
of Splash, 16% said very easy, 45% said easy, 39% said manageable and none said
it is difficult. Among the respondents of Max, 16% said it’s very easy for moving
around, 32% said easy and 52% said manageable.
According to the analysis, among the respondents of Splash, 84% of the
respondents are satisfied with the different garment prices in the store and 16% are
not satisfied and they gave the reason as: high prices and expensive material.
Among the respondents of Max almost all i.e. 95% are satisfied with the different
garment prices in the store.
Analysis and interpretations has shown what kind of advertising affects or helps
the respondents the most in knowing about the products at their selected store. Out
of the respondents of Splash, 30% are affected by word of mouth, 11% said
hoardings, 16% said magazines, 17% said newspaper, 12% said television, 9%
said radio and 5% said online. Out of the respondents on Max, 24% of respondents
said word of mouth, 14% hoardings, 26% magazines, 6% newspaper, 12%
television, 9% radio, 6% online and 3% said others (for example banners,e.tc.)
From the survey conducted it can be concluded that 98% of the respondents felt
comfortable while shopping at Splash and 2% didn’t feel comfortable. Also 97%
of the respondents of Max felt comfortable while shopping at the store and only
3% didn’t feel comfortable.
66
The analysis of the study also shows would respondents suggest others to shop at
their selected store. Among the respondents of Splash, 90% of the respondents
said that they would suggest others to shop at the Splash store due to the available
variety, collection, brand availability, quality, latest fashion wear, nice ambience,
wide variety of choice and brands. 10% of the respondents said they won’t suggest
others to shop at Splash store because of the price which is little high. Among the
respondents of Max, 74% of respondents said that they would suggest others to
shop at Max store due to affordable and low prices, collection is good with respect
to price, cheaper garments. Also 26% of the respondents said that they won’t
suggest others to shop at Max because even though the prices are low but there is
only one primary brand at Max, garments are cheap but no brand availability, not
that good ambience and variety is repetitive.
From the analysis and interpretation it is understood that respondents have ranked
Splash higher than Max. When respondents were asked to rank Splash and Max on
the scale of 1 to 10, then the higher rating came for Splash. Even some of the
respondents of Max has rated Splash more than Max. From this the conclusion
can be drawn that Splash is highly rated.
From all the above analysis the final conclusion which can be drawn is that
customer prefer Splash more than Max. This shows that customer satisfaction and
perception level is high towards Splash. The number of consumers which are
satisfied fully that comes out of Splash. Therefore it can be concluded that the
67
customer services and products provided at Splash are more effective than Max.
Therefore the preference level of consumers is more towards Splash.
SUGGESTIONS
The suggestions are drawn from the analysis and interpretation. Few suggestions are
given under:
Splash, being the highly preferred, company should look at its pricing strategy for
Splash, since some customers want to purchase but they don’t purchase due to
only high price, of certain brands.
Suggestion for Max is that the company should try to keep more choice of brands
at Max stores so that it can cater to brand loving customers.
68
Even though the price of garments at Max is cheaper than Splash still more people
prefer to shop at Splash because of the good quality of garments. So Max should
come up with better quality of garments.
The brands whose visibility is hidden behind the pillar should be brought to light.
Hence, logistically visible & consumer friendly layout.
The needs to be more frequent advertising of both the brands.
Introduce an Automatic Vending Machine for Tea/Coffee at the Splash and Max.
The company should sponsor college events as its main target is youth, especially
students. Example, college festivals could be leveraged.
The company should arrange its promotional offers, season’s collection and latest
fashion trends more accurately to attract more and more customers.
69
CHAPTER 5
CONCLUSION
CONCLUSION
There are number of reasons which contribute jointly to enhance retail culture in UAE
like rise in young population, handsome salary packages, nuclear families and increase in
working female population all these factors will enhance the shopping capacity of normal
public too. Now-a-days nobody is interested to do shopping from conventional markets
due to limited variety, stale stock and heavy price tags at the same time retail outlets have
wide range of products like apparels and accessories, cosmetics and toiletries, bag and
baggage, travel and leisure under one roof and public enjoys low cost quality goods with
very little chances of duplicity, no problem of bargaining and most important in crowded
70
metro city retail stores are having good parking place. Now days all type of public with
no difference of caste, creed and income levels moves towards retail stores.
Landmark Group’s retail brands, Max and Splash provide the required shopping facilities
to the visiting set of customers. They both are able to create their market by using their
pricing strategies, customer services, promotional activities and different market
strategies. If we look at both they are able to enhance the customers by providing
seasonal offers, discounts and this helps in creating a good sale and better customer
satisfaction level, also a vital behavior towards them. Also from the study we can know
the approximate percentage level of customers who prefer these two i.e. Max and Splash.
Thus this project will help us in comparing the retail outlets and most importantly, the
customer perception, preferences and satisfaction level.
From the study we came to know that most of the respondents have preferred Splash over
Max. This shows that the satisfaction level of respondents is more towards the Splash.
They are satisfied highly with the Splash products and services. This means that the
consumer perception is higher for Splash than Max.
BIBLIOGRAPHY
www.halo3.co.in/retailer_list.htm
www.sebi.gov.in
www.megamalls.in
71
Wikipedia, the free encyclopedia, Website: http: //en. wikipedia. org/ wiki
www.realestate.indiatimes.com
www.lifestylestores.com
www.indbazaar.com
www.indiainfoline.com
http://news.webindia123.com/news/showdetails
Philip Kotlar- Marketing Management
Retail Images
APPENDIX
72
QUESTIONNAIRE
QUESTIONNAIRE :
Name: _________________________________
Gender: Male Female
Age: (15-25) (26-35)
(36-45) (Above 45)
Marital status: Married Unmarried
1) In which retail store do you shop the most?
Max Splash
2) How often do you visit your selected retail store?
Once in 15 Days
73
Once in 2 months
Once a month
More than 2 months
First time
3) How frequently do you purchase garments?
Weekly Monthly
Yearly Occasionally
4) When you enter the store what is the first thing that you look for?
Look for signboards Look for promotional offers
Look for your brand Look for the sections which you want to enter
Others (please specify) __________________________________________
5) How much do you spend on garments? (Please answer to any one of the following options)
Period Approx. amount ( in DHS)
Weekly --------------
Monthly --------------
Yearly --------------
6) Which of the following factors are most important to you while making a purchase? (Tick one or more)
Variety/ Collection Brand
Price Quality
Style
7) Which is your favorite brand in the above selected store? _____________________________________________
8) Which are the factors that influence you to enter into the garments section? Rank them: (1 being the most preferred and 8 being the least preferred).
Visual Appeal
Display of Merchandise
Varieties Available
Brands Available
74
Customer Service
Ambience
Promotions
Discounts
9) Are you satisfied with the different brands available at the retail store? If No, give reasons why?
Yes
No
---------------------------------------------------------------------------------------
10) What attracts you to a particular brand or section?
Promotional Offers Attractive display
Price Season’s Collection
Latest Fashion Trends
Others (please specify) ____________
11) Does the store layout make it easy for you to move around?
Very easy Easy
Manageable Difficult
Complicated
12) Are you satisfied with the different garment prices in the store? If No, give reasons why?
Yes
No
------------------------------------------------------------------------------------------
13) What kind of advertising affects or helps you the most in knowing about the products?
Word of Mouth Hoardings
Magazines Newspaper
Television Radio
Online Others
75
14) Did you feel comfortable while shopping at the store? If No, Give reasons why?
Yes
No -----------------------------------------------------------------------------------------------------------15) Would you suggest others to shop at your selected store?
Yes No
If, yes-why
_______________________________________________________
If, No-why
_______________________________________________________
16) On a scale of 1 – 10, how would you rate Splash & Max? (1 being the highly rated & 10 being least rated)
Splash
Max
THANK YOU !!!
76