Project Pantaloons Marketing
Project Pantaloons Marketing
Project Pantaloons Marketing
CONTENTS
1. Introduction 1
2. Methodology 11
3. Result & Findings 12
4. Data Analysis 15
5. Limitations 23
6. Recommendations 23
7. Conclusion 24
8. Annexure 25
INTRODUCTION
RETAIL IN INDIA
Retailing in India is growing at the rate of about 18-20 per cent per annum. As part of its strategy to
gradually open it up to foreign competition, the government is also in the process of increasing
foreign direct investment in the retail sector. At the same time, the urban consumer is becoming
more discerning and demanding as far as the lifestyle is concerned. Urban Indian household income
and purchasing power are also on the rise. Under such circumstances, the success of organized
retailing in India mainly depends on delivery of services through quality improvements. In service
organizations, customer-perceived service quality is considered as one of the key determinants of
business performance. So far, in the Indian context, there is a dearth of tested instruments which
can measure customer-perceived service quality of a retail store. At the same time, instruments
developed in other countries have not been tested for their applicability in the Indian retail industry.
The retail sector in India is highly fragmented and organized retail in the country is at a very nascent
stage. There are about 12 million retail outlets spread across India, earning it the epithet of a “nation
of shopkeepers” More than 80% of these 12 million outlets are run by small family businesses which
use only household labour. Traditionally, smallstore (kirana) retailing has been one of the easiest
ways to generate self-employment, as it requires limited investment in land, capital and labour.
Consequently, India has one of the highest retail densities in the world at 6% (12 million retail shops
for about 209 million households).India’s peers, such as China and Brazil, took 10-15 years to raise
the share of their organized retail sectors from 5% when they began, to 20% and 38% respectively.
India too is moving towards growth and maturity in the retail sector at a fast pace.
PANTALOON’S PROFILE
Pantaloon Retail (India) Limited, is India’s 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 350 stores
across 40 cities in India and employs over 18,000 people.
The company’s leading formats include Pantaloons, a chain of fashion outlets, Big Bazaar, a uniquely
Indian hypermarket chain, Food Bazaar, a supermarket chain.A subsidiary company, Home Solutions
Retail (India) Limited, operates Home Town, a large-format home solutions store, Collection i, 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 in Barcelona.Pantaloon Retail is the flagship company of Future Group, a
business group catering to the entire Indian consumption space.
FUTURE GROUP
Future Group is India’s leading business group that caters to the entire Indian consumption space.
Led by Mr. Kishore Biyani, the Future Group operates through six verticals:
•Future Retail
•Future Capital
•Future Brands
•Future Space
•Future Media
•Future Logistics.
Apart from Pantaloon Retail, the group’s presence in the retail space is complemented by group
companies, Indus League Clothing, which owns leading apparel brands like Indigo Nation, Scullers
and Urban Yoga, and Galaxy Entertainment Limited that operates Bowling Co, Sports Bar, F123 and
Brew Bar.
Future Capital Holdings, the group’s financial arm, focuses on asset management and consumer
credit. It manages assets worth over $1 billion that are being invested in developing retail real estate
and consumer-related brands and hotels. The group has launched a consumer credit and financial
supermarket format, Future Money and soon plans to offer insurance products through a joint
venture with Italian insurance major,Generali.
“Future” – the word which signifies optimism, growth, achievement, strength, beauty, rewards and
perfection. Future encourages us to explore areas yet unexplored, write rules yet unwritten; create
new opportunities and new successes. To strive for a glorious future brings to us our strength, our
ability to learn, unlearn and re-learn our ability to evolve.
We, in Future Group, will not wait for the Future to unfold itself but create future scenarios in the
consumer space and facilitate consumption because consumption is development. Thereby, we will
effect socio-economic development for our customers,employees,shareholders,associates and
partners.Our customers will not just get what they need, but also get them where, how and when
they need.We will not just post satisfactory results, we will write success stories.We will not just
operate efficiently in the Indian economy, we will evolve it.We will not just spot trends; we will set
trends by marrying our understanding of theIndian consumer to their needs of tomorrow.It is this
understanding that has helped us succeed. And it is this that will help us succeed in the Future. We
shall keep relearning. And in this process, do just one thing.
GROUP VISION
Future Group shall deliver Everything, Everywhere, Every time for Every Indian Consumer in the
most profitable manner.
GROUP 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.
CORE VALUES
COMPANY’S JOURNEY
PARTNER COMPANIES
Home Solutions Retail (India) Ltd. (HSRIL) leads the groups foray in the home improvement and
consumer electronics retailing segment. It caters to home management requirements and products,
including furnishings and textiles, furniture, consumer electronics, home electronics and home
services. It operates retail formats like HomeTown, Furniture Bazaar, Collection I, E-Zone, Electronics
Bazaar and Got It.
Future Capital is the financial arm of the group and is involved in asset management (both private
equity and real estate funds) with plans to get into other financial services including insurance, credit
and other consumer related financial services. It’s associate companies are Kshitij Investment
Advisory Co. Ltd., Indivision Investment Advisers Ltd., and Ambit Investment Advisory Co. Ltd.
The group owns a majority stake in Indus League Clothing Ltd., one of the leading apparel
manufacturers and marketers in India. Some of its leading brands include Indigo Nation, Scullers,
Urbana, Urban Yoga and Jealous.
The group owns a stake in Galaxy Entertainment Corporate Ltd. that operates chains like Bowling
Company, Sports Bar and Brew Bar.
2007
•National Retail Federation Awards International Retailer for the Year 2007
– Pantaloon Retail (India) Ltd
•World Retail Congress Awards
Emerging Market Retailer of the Year 2007 – Pantaloon Retail (India) Ltd
•Hewitt Best Employers 2007
Best Employers in India (Rank 14th) – Pantaloon Retail (India) Ltd
•PC World Indian Website Awards
Best Indian Website In The Shopping Category - Futurebazaar.com
•Reader’s Digest Trusted Brands Platinum Awards
Trusted Brands Platinum Award (Supermarket Category) – Big Bazaar
2006
•Retail Asia Pacific Top 500 Awards
Asia Pacific Best of the Best Retailers – Pantaloon Retail (India) Ltd
Best Retailer in India – Pantaloon Retail (India) Ltd
•Asiamoney Awards
Best Managed Company in India (Mid-cap) – Pantaloon retail (India) Ltd.
•Ernst & Young Entrepreneur of the Year Award
Ernst & Young Entrepreneur of the Year (Services) – Kishore Biyani
•CNBC Indian Business Leaders Awards
The First Generation Entrepreneur of the Year – Kishore Biyani
•Images Retail Awards
Best Value Retail Store – Big Bazaar
Best Retail Destination – Big Bazaar
Best Food & Grocery Store – Food Bazaar
Retail Face of the Year – Kishore Biyani
•Readers’ Digest Awards
Platinum Trusted Brand Award - Big Bazaar
•CNBC Awaaz Consumer Awards
Most Preferred Large Food & Grocery Supermarket – Big Bazaar
•Reid & Taylor Awards for Retail Excellence
Retail Entrepreneur of the Year – Kishore Biyani
LINE OF BUSINESS
E-tailing: Futurebazaar.com.
Food: Brew Bar, Café Bollywood, Chamosa, Sports Bar, Food Bazaar.
Fashion: aLL, Big Bazaar, Central, Fashion Station, Gini & Jony,
Pantaloons, Lee Cooper.
Wellness & Beauty: Health Village, Star & Sitara, Tulsi, Turmeric.
BLUE SKY
It is a separate store at first floor of Saharaganj mall,Lucknow.It has various brands of sunglasses and
watches.It is a part of Pantaloons store,Lucknow.
FASHION JEWELLERY
Fashion jewellery also consitute of ladies handbags,leather handbags and wallets & pouches.
WELLNESS
BRANDS IN WELLNESS
CHAMBOR
LAKME
REVLON
These brands have eyecare,facecare,lipcare,nailcareproducts,cleanser/toner/moisturizer,skin
creams/oils
BRANDS IN DEODORANTS
AJMAL
EUROLUX
JEANE ARTHES
NIKE
POLICE
REVLON
BRANDS IN PERFUMES
AJMAL
JEANE ARTHES
NIKE
MKP
Nail care products and herbal cream/oils are also available in Vega.Eyecare products are also
available in Street wear.Inhouse brand of Star n Sitara in nailcare products is also present.
METHODLOGY
FIG. 1
Q1. How often do you buy accessories at Pantaloons?
FIG. 2
Q2. Rank accessories which you like to buy on a scale of 1-9,acc. to your
preference.
FIG. 3
Q3. Have you liked the accessories you have bought?
FIG. 4
Q5. Would you like to repurchase accessories from pantaloons?
DEMOGRAPHIC DETAILS-
FIG. 5
1. AGE VARIATION OF RESPONDENTS-
FIG. 6
2. HOUSEHOLD INCOME VARIATION IN RS. (PER MONTH) OF
RESPONDENTS-
FIG. 7
3. OCCUPATION VARIATION OF RESPONDENTS-
DATA ANALYSIS
Fig. 1 depicts the buying frequency of customers in percentage for accessories in Pantaloons
store,Lucknow.Forty nine percent of customers purchase accessories sometimes,thirteen percent
purchase them regulary,twenty three percent purchase them rarely and fifteen percent never
purchase them.This pie chart analysis shows that customers have good frequency of buying
accessories at Pantaloons,Lucknow.
Analysis of Fig. 2 provides us ranking (1-9) of accessories according to customer’s preference and
likeness.Ranks given to each accessory type in the questionnaire by customers,are added and then
divided by number of customers i.e. 40.Then we have the average rank of accessory type.By
repeating the same method for all the nine accessories type we get individual rank for each type of
accessory.Then we rank all these average score of ranks between one to nine.
Fig. 3 represents the likeness percentage of customers towards the accessories they have
bought.Seventy seven percent of customers have liked the accessories they have bought and twenty
three percent of customers have not liked the accessories they have bought.
Fig. 5 provides us with demographic details of age variation of customers who have filled the
questionnaire.This pie chart also provides us valuable information about the age mix we are catering
to at Pantaloons,Lucknow and also tells us that customers in the age group of 20-30 years are
visiting the store mostly i.e. seventy one percent.Thirteen percent of customers are below 20
years.Eight percent of 31-40 years and above 40 years visit us.
Analysis of Fig. 6 tells us about the household income variation in Rs.(per month) of the customers
who have filled the questionnaire.Twenty six percent of customers have household income per
month less than 20,000 Rs.Twenty nine percent have household income between 20,000-30,000 Rs.
Twenty percent have income between 30,001-40,000 Rs.Eleven percent have income between
40,001-50,000 Rs.Fourteen percent have income more than 50,000 Rs.
Fig.7 depicts occupation variation of customers who have filled the questionnaire.Fourty-four
percent of customers are students,just five percent are in Govt. service,twenty eight percent are
private employees,eighteen percent are self-employed and five percent are house-wife.
= (12,68,826.17/500)/51
=49.75
Thus 49.75 Rs. is square feet return of Non-aps category at Pantaloons store,Lucknow from 19th
May 2008 to 8th July 2008.
It gives the percentage contribution of Non-aps category into total sale of Pantaloons store,Lucknow
from 19th May to 8th July 2008.
=(12,68,826.17/1,31,13,485)*100
=9.67%
Thus percentage contribution of Non-aps category collectively in total sale of store is 9.67% from
19th May 2008 to 8th July 2008.
Only Blue Sky’s achievement is less than 100 percent in Non-aps category.This has brought
achievement percentage of Non-Aps to 88%.
Pantaloon Store,Lucknow, MC wise ABP vs Ach. Innings-I, II & Total (Till Week 52)
MC Name Innings-I ABP. Innings-I Actual. Ach. % Innings-I. Innings-II ABP. (Week 49-52) Innings-II
Actual. (Week 49-52) Ach. % Innings-II. (Week 49-52) Balance Innings-II (Week 49-52) Total
Karmayudh ABP. Total Karmayudh Actual. Ach.% Karmayudh Total Balance of Karmayudh.
PN Fashion Jewellry 0.9 1.4 160.2% 0.8 2.1 274.9% -1.4 1.7 3.6 213.5% -1.9
LS-Leather Handbags 0.2 0.1 42.0% 0.2 0.2 107.7% 0.0 0.4 0.3 72.7% 0.1
Wallets & Pouches-LS 0.0 0.0 95.7% 0.0 0.1 341.5% -0.1 0.1 0.2 211.8% -0.1
LS-Handbags 0.0 0.2 472.9% 0.0 0.4 901.4% -0.3 0.1 0.6 675.4% -0.5
Mens Watches-LS 0.9 0.4 41.8% 0.8 0.5 62.9% 0.3 1.7 0.9 51.6% 0.8
Ladies Watches-LS 0.5 0.3 69.5% 0.4 0.2 43.9% 0.2 0.9 0.5 57.6% 0.4
Kids Watches-LS 0.0 0.0 127.1% 0.0 0.0 69.8% 0.0 0.1 0.1 101.1% 0.0
Watch Sets-LS 0.1 0.0 0.0% 0.1 0.0 0.0% 0.1 0.2 0.0 0.0% 0.2
Unisex Sunglasses-LS 2.4 1.9 78.1% 2.1 1.8 88.1% 0.2 4.4 3.7 82.7% 0.8
FACE CARE PRODUCTS 0.1 0.3 359.9% 0.1 0.3 367.5% -0.2 0.2 0.6 363.4% -0.4
LIPCARE PRODUCTS 0.3 0.9 360.9% 0.2 0.7 303.7% -0.5 0.5 1.6 334.2% -1.1
Spl Skin Creams/Oils 0.0 0.0 59.5% 0.0 0.0 31.8% 0.0 0.1 0.0 46.5% 0.0
Specialt Shamp/Condr 0.0 0.0 3.1% 0.0 0.0 0.0% 0.0 0.1 0.0 1.6% 0.1
EYECARE PRODUCTS 0.1 0.3 200.2% 0.1 0.4 301.4% -0.2 0.3 0.6 247.2% -0.4
NAIL CARE PRODUCTS 0.1 0.1 90.2% 0.1 0.2 239.0% -0.1 0.2 0.4 159.2% -0.1
MAKEUP ACCESSORIES 0.0 0.2 3524.4% 0.0 0.3 6463.9% -0.3 0.0 0.4 4830.8% -0.4
Manicre/Pedcre Acsrs 0.0 0.0 0.0% 0.0 0.0 0.0% 0.0 0.0 0.0 0.0% 0.0
Spl Clns/Ton/Moistur 0.0 0.1 245.1% 0.0 0.1 305.7% -0.1 0.1 0.2 273.5% -0.1
Spl Hrbl Cln/Ton/Moi 0.1 0.0 0.0% 0.0 0.0 0.0% 0.0 0.1 0.0 0.0% 0.1
Spl HrblSkin Crm/Oil 0.1 0.0 0.0% 0.0 0.0 2.7% 0.0 0.1 0.0 1.2% 0.1
Spl HairColr/Stylg 0.1 0.0 1.8% 0.1 0.0 0.0% 0.1 0.2 0.0 0.9% 0.2
Special Hair Oil/Oth 0.0 0.0 0.0% 0.0 0.0 0.0% 0.0 0.0 0.0 0.0% 0.0
SpecialH Shamp/Condr 0.1 0.0 0.0% 0.0 0.0 0.0% 0.0 0.1 0.0 0.0% 0.1
SpecialH HairOil/Oth 0.0 0.0 0.0% 0.0 0.0 0.0% 0.0 0.0 0.0 0.0% 0.0
Spl H HairColr/Styln 0.0 0.0 0.0% 0.0 0.0 0.0% 0.0 0.0 0.0 0.0% 0.0
Unisex Deo-Lifestyle 0.3 0.3 113.5% 0.3 0.4 138.5% -0.1 0.6 0.7 125.1% -0.1
Uni Prfume-Lifestyle 0.3 0.1 32.0% 0.3 0.2 52.7% 0.1 0.6 0.3 41.6% 0.4
SALE OF WATCHES
This bar graph of sale of watches at Blue sky is for the period of 19th May 2008 to 8th July 2008.This
graph shows that sale of Fastrack watches in men and ladies watches is the highest during this
period.Inhouse brand of Cube has also done good during this period.
SALE OF SUNGLASSES
This bar graph of sale of sunglasses at Blue sky is for the period of 19th May 2008 to 8th July
2008.This graph shows that sale of Idee sunglasses is the highest during this period.
This bar graph of sale of fashion Jewellery and leather hanbags is for the
period of 19th May 2008 to 8th July 2008.This graph shows that sale of
brands Tribal zone and Kims is the highest in fashion Jewellery during
this period.In handbags,Rich Born and Meoww are doing good.In
pouches,Rich Born is doing good.
This bar graph of sale of wellness products is for the period of 19th May 2008 to 8th July 2008.It
shows that deodorants that are being sold in offer are doing good,brand Ajmal is also doing
good.Lakme has more sale than Chambor and Revlon.Revlon has good sale in make up accessories.In
house nail care product i.e. Star & Sitara has also shown good sale.
LIMITATIONS
2.Time period of research project i.e. 19th May 2008 to 10th July 2008 is very
short time period.
RECOMMENDATIONS
CONCLUSION
Analyses of sale of Non-aps at Pantaloons,Lucknow indicates that Fashion Jewellery and Wellness
counters are doing good.Blue Sky is lagging in its targets due to improper communication that
customers are not aware that it is a part of Pantaloons,Lucknow.Blue Sky should be shifted to
Pantaloons main store or some advertising program should be developed that tells the customers
that it is a part of Pantaloons,Lucknow.In store promotion campaign can be done for this
purpose.Bad quality,over-pricing and bad collection has been found as main reasons for customer’s
dissatisfaction towards Non-aps at Pantaloons,Lucknow.Work has to be done on these areas of
improvement to enchance the sale and business of Non-aps at Pantaloons,
Lucknow.Analysis of ABP 07-08 Vs Achievement tells us that only 88% of target is met.Square feet
return analysis of Non-Aps at Pantaloons,Lucknow is Rs. 49.75 during 19th May 2008 to 8th July
2008.Percentage contribution of Non-Aps in total sale of store from 19th May 2008 to 8th July 2008
is 9.67%.
Q2.Rank accessories which you like to buy on a scale of 1-9,according to your preference.
(a)Yes (b)No
DEMOGRAPHIC DETAILS-
1.Name-……………………………………………