Rahul Rbmi Customer Satisfaction Pantaloon Final
Rahul Rbmi Customer Satisfaction Pantaloon Final
Rahul Rbmi Customer Satisfaction Pantaloon Final
ON
AT
PANTALOONS RETAIL STORE
ANANDVIHAR,DELHI
Submitted to
Dr. Abdul Kalam Technical University, Lucknow
Rahul Gupta
MBA IIIrd Sem
Roll no. 1601670046
Research Methodology28-30
Research Design31-32
Findings, Recommendations49-50
Limitations of Study51
Conclusion52
References/Bibliography53
Appendices/Questionnaire54-55
operates in multiple retail formats In both, value and lifestyle, segments of the Indian
consumer market. Headquarters: Mumbai, India Founded: India Pantaloons Retail (India)
Limited, was a large Indian retailer, part of the Future Group, and operates in Multiple retail
formats in both, value and company had over 1,000 stores across 71 cities in India and
employs over 35,000 people, and as of 2010, it was the country's largest Listed retailer by
A subsidiary company, Home Solutions Retail (India) Limited, operates Home Town, a
Pantaloons Retail India Ltd (PRIL) is de-merging its apparel and accessories business.
The company, which is part of Kishore Biryani’s Future Group, operates the ‘pantaloons
ORIGIN OF PANTALOONS
The first Pantaloons was opened in Gariahat in 1997. Over the years, it has undergone
several transitions. When it was first launched, this store mostly sold external brands.
Gradually, it started retailing a mix of external brands while at the same time introduced
its own private brands. Initially positioned as a family store, it finally veered towards
becoming a fashion store with an emphasis on 'youth' and clear focus on ‘fresh fashion’.
Today, the fashion store extends to almost all the major cities across the country.
Pantaloons have established its presence with stores not just in the metros, but also in
smaller towns. Today there are around 46 Pantaloons store across the country.
It is led by its flagship enterprise, Pantaloons Retail, the group operates over 12million
square feet of retail space in over 71 cities and towns and 65 rural locations across
India.Pantaloons are among India's largest chains of fashion stores. Pantaloons Fresh
Fashion, with its focus on 'fresh look, feel and attitude' offers, trendy and hip collections
that are in sync with the hopes and aspirations of discerning young and 'young-at-heart'
consumers. Pantaloons Fresh Fashion stands out as a fashion trendsetter, on the lines of
how fashion is followed internationally. This 'fresh fashion' destination allows customers
to shop for the latest in fashion apparel and accessories throughout the year in an
company offers chic and trendy fashion to meet their ever- changing needs. A pantaloons
reflects the ideology of always keeping alive the 'newness factor' through fashion apparel
CUSTOMER SATISFACTION AT PANTALOONS RETAIL STORE ANAND
VIHAR,DELHI 7
and accessories that are visually appealing and fashionably upbeat. The first Pantaloons
store was launched amidst much fanfare in Gariahat, Kolkata in 1997. Over the years, the
brand has undergone several transitions and re-invented itself to bring forth compelling
Since its inception, Pantaloons progressed from retailing just a mix of brands to its very
own popular private labels as well, designed by the in-house Design Studio. With a sharp
focus on bringing the latest in fashion, the Design Studio combines its prowess in design
and aesthetics to present styles that keep the consumer fashionably dressed each season.
Initially positioned as a store catering to the fashion needs of the entire Pantaloons has
transitioned to a fashion and lifestyle brand with an emphasis on youth and a focus on
designs that are inherently in sync with current fashion trends. This compelling
combination has helped Pantaloons retain its place on the style radar of every consumer's
wardrobe. Pantaloons stores have an abundance of choices across categories that range
from western to Indian wear, formal to party wear and active wear for men, women and
kids. To further add to the customer's innumerable choices that reflect style, attitude, and
comfort, Pantaloons has extended its horizons to fashion accessories like fragrances,
stores across 38 cities and towns, Pantaloons is constantly extending its foot-prints into
the rest of modern India. A Pantaloon which was previously controlled by the Future
GROUP VISION
Businesses.
GROUP MISSION
at large.
Mr. P. Murari
Management team
Mr. Shital Mehta, Chief Executive Officer, Pantaloons Fashion & Retail Ltd.
Mr. Manoj Kedia, Chief Financial Officer, Pantaloons Fashion & Retail Ltd.
regional concern to a truly global entity. Headquartered in Dubai with offices in London
and New York and business hubs worldwide, Future Group today is a holding company
that oversees 30 privately held companies across four core sectors spanning five
continents. Under the Group's leadership those companies now employ over 5000 people
and had a collective turnover of nearly USD$1 billion in 2009.Since its inception Future
Group has realized its vision through greenfield ventures and acquisitions as well as
vertical and horizontal integration. The Group's network of subsidiary businesses now
Future Group has three core segments; Operating Businesses, The Investment Group and
The Family Office. The corporate leadership team at Future Group has direct
responsibility for the supervision, governance and strategic support across all three. The
team's fundamental ethos is to lead through others. This philosophy has been translated
leveraging of a multitude of talent across the divisions to better achieve collective goals
We believe that our people are our greatest asset. We pride ourselves on attracting and
retaining world class leaders to help realize our Vision and continue to build upon our
success. Selecting those who share our vision and represent the best of breed in
management and workforce, has catapulted us into a highly dynamic enterprise with both
global reach and impact. Within Future Group we strive to secure not just the leaders of
AT PANTALOONS
After purchasing the product and services the consumer will experience some level of
satisfaction or dissatisfaction with the product and services that will influence subsequent
behavior. If consumer is satisfied he may show the probability of buying the product the
next time, satisfied customer will say good thing about the product, proving the statement
that "satisfied customer is the best advertisement.” A dissatisfied customer may take
some action against it. They may try to reduce the dissonance by abandoning returning
the product.Understanding consumer needs and buying process is the foundation of any
search evaluation of alternatives, the purchase decision and post purchase behavior
Men- Casual, Formal, Occasion wear, Accessories, All the Alto Moda size zone, Planet
Fragrances
Women Ethnic
Cosmetics
Jewelry
Fashion Accessories
Baggage Counter
-
WARE HOUSE MANAGER (WAREHOUSE ASSISTANT)
-
CSD MANAGER (CSD ASSISTANT)
-
DEPARTMENT MANAGER (FASHION ASSISTANT)
-
VISUAL MERCHANDISER (MERCHANDISER ASSISTANT)
OPERATION MANAGER
HEAD CASHIER-(CASHIER)
ADMINISTRATION MANAGER
MARKETING MANAGER
• Ethnic wear
• Formal wear
• Party wear
• Sport wear
• Fragrances
• Jewelry
Baggage counter.
Sitting facilities.
Feedback system.
Pantaloons Culture
Pantaloons offer a range of opportunities, which are challenging, intellectually
Employees are empowered to tailor their work around their lives while delivering
quality results at all times. Pantaloons hone the inherent skills of its employees by
and intellectual integrity, but in all other forms as are commonly understood
stakeholders. In the process, taking ownership of our actions and decisions, those
of our team and that part of the organization that we are responsible for them.
Passion:(Energized action.)
A missionary zeal arising out of emotional engagement with the organization that
makes work joyful and inspires each one to give our best. Relentless pursuit of
goals and objectives with the highest level of energy and enthusiasm, that is
management under marketing concept. The consumer market consists of all the
individuals and households who buy or acquire good and services for personal
consumptions.
The buying behavior tries to find out the answers for the questions, who buys? How do
There are four major factors that influence the buying behavior such as cultural factors,
person wants and behavior. Values, perceptions, preferences, and behavior are the
like nationality, religious group, geographical area, and linguistic divisions etc.
SOCIAL FACTORS: A consumer behavior is also influenced by social factors
such as the consumer reference group family and social roles and status.
circumstances etc.
and attitudes.
products or service in relation to his or her exceptions. Customers usually will have
The research indicates that there are rewards for having satisfied customers which
is depicted as below:
SATISFIED CUSTOMERS
LIFETIME OR PURCHASING
understand consumer and to segment and target those consumers who are likely to
ATTRACTING CUSTOMERS:-
Today’s customers are becoming harder to please. They are smarter, more price
conscious, more demanding, less forgiving and they are approached by many more
Gitomer is not to produce satisfied customers but to produce delighted and loyal
customers.
Companies seeking to expand their profits and sales have to spend considerable
time and resources searching for new customers. To generate leads, the company
develops ads and places them in media that will reach new prospects; it sends
direct mails and makes phone calls to possible new prospects; its sales person
participate in trade choice where they might find new leads; and so on. All this
CUSTOMER RETENTION:-
effectively is because the competitors also to try to acquire highly satisfied ( Even
the best interest of customer to stay with the company rather than switch to another
firm. In almost all business situations it is more expensive to win new customers
than to keep the existing ones. Studies have shown that small reductions in
reasons.:-
2. Loyal customer are less price sensitive and pay less attention to competitors
advertising
3. Servicing existing customers, who are familiar with the firms offering and
processes, is cheaper.
4. Loyal customers spread positive word or mouth and refer other customer.
customers.
After purchasing the product, the consumer will experience some level of
satisfaction or dissatisfaction. The marketer’s job does not once the produce is
What determines whether the buyer will be highly satisfied, somewhat satisfied, or
dissatisfied with the purchase? The answer to this question can be given as: buyer
satisfaction is the function of the closeness between the buyer’s expectation and
Consumers from their expectation on the basis of messages received from sellers,
friends and other source that give information for instance even a sales promotion
offer. As the gap between the expectations and performance becomes larger and
larger the greater is the consumer dissatisfaction. This is where the consumer’s
coping style comes in to play. Some consumers magnify the gap when the produce
is not perfect, and they are highly dissatisfied, others minimize the gap and are less
dissatisfied.
names must truthfully represent the product’s likely performance. Some seller’s
asset and treat him or her as they themselves would wish to be treated. The
its natural resources. The organization will face an equally bleak future if it let its
satisfaction deals with data, nor theory, and there is a beauty of data:-
Delhi store.
into clients.
Delhi.
employees
Manage your organization based on service standards and quality.
Research - Quantitative
Research method is an academic activity and as such as the term should be used in a
technical sense. This research comprises of defining and redefining problem, formulating
deduction and reaching conclusion; and at last carefully testing the conclusion to
determine they fit the formulating hypothesis. By this way proper methodology is an
In recent years, the word methodology has become a "pretentious substitute for the
word method". Many recent uses of the word methodology mistakenly treat it a synonym
for method or body of methods. Doing this shifts it away from its true meaning and
reduces it to being the procedure itself, the set of tools or the instruments that should have
been its outcome. A methodology is the design process for carrying out research or the
undermines the proper analysis that should go into designing research. Generally for any
research study both primary and secondary research are done which facilitates in the
better understanding of the entire study. Primary research helps garner relevant and
adequate data of the current state of affairs pertaining to any subject and provides an
insight into the exact nature of the problem. Owing to the broad and complex nature of
this research topic which would require delving into many aspects of the study including
an ethnographic study which would in turn include a longitudinal time horizon which
manner that aim to combine relevance to research purpose with procedure. The research
design adopted for this study is descriptive type. The objective of such a study is to
answer “who, what, where and how” of the subject under investigation. It is used because
predictions.
"quantitative" and "qualitative" research designs. However, fixed designs need not be
quantitative, and flexible design need not be qualitative. In fixed designs, the design of
the study is fixed before the main stage of data collection takes place. Fixed designs are
need to be controlled and measured. Often, these variables are measured quantitatively.
for using a flexible research design can be that the variable of interest is not
quantitatively measurable, such as culture. In other cases, theory might not be available
before one starts the research. However, these distinctions are not recognized by many
researchers, such as Stephen Gorard who presents a simpler and cleaner definition of
research design
phenomenon being studied. It does not answer questions about how/when/why the
characteristics occurred. Rather it addresses the "what" question (What are the
describe the situation or population are usually some kind of categorical scheme also
known as descriptive categories. For example, the periodic table categorizes the
elements. Scientists use knowledge about the nature of electrons, protons and neutrons to
devise this categorical scheme. We now take for granted the periodic table, yet it took
research. For example, over time the periodic table’s description of the elements allowed
scientists to explain chemical reaction and make sound prediction when elements were
combined.
Hence, research cannot describe what caused a situation. Thus, Descriptive research
cannot be used to as the basis of a causal relationship, where one variable affects
CUSTOMER SATISFACTION AT PANTALOONS RETAIL STORE ANAND
VIHAR,DELHI 31
another. In other words, descriptive research can be said to have a low requirement
The description is used for frequencies, averages and other statistical calculations.
Often the best approach, prior to writing descriptive research, is to conduct a survey
investigation
RESEARCH APPROACH
The survey method was adopted for collecting the primary data. Survey research is
RESEARCH INSTRUMENT
The data for this research was collected by survey techniques using survey
SAMPLING
Sample denotes only a part of the universe / population. The sample represents the
SAMPLING METHOD
Sampling refers the method of selecting items to be observed for the study. The samples
have been selected for the study based on the convenience of the researcher. The method
used here is convenient sampling, where the samples are selected based on the
convenience of researcher.
SAMPLING SIZE
Sampling size is the number of items to be selected from the universe to constitute the
SAMPLING AREA
PERIOD OF STUDY
The study was undertaken between 1st July 2017 and 30th August 2017
A marketing researcher has to make a plan for collecting data which may be primary
PRIMARY DATA
The primary data was obtained by administering survey method, guided by questionnaire
to collect information from customers. The questionnaire are Closed ended questions.
customer satisfaction
SECONDARY DATA
competitors, etc.
newspapers
Pantaloons?
TABLE.-1
PURCHASE
BEFORE FREQUENCY %
YES 50 100
NO
TOTAL 50 100
YES; 100.00%
INTERPRATATION FIGURE-1
HOLDING
GREEN CARD
FREQUENCY PERCENT
YES 46 92
NO 4 8
TOTAL 50 100
NO; 8.00%
YES; 92.00%
INTERPRATATIONFIGURE-2
This question was to know that how many people were using the payback greencard card
and almost all the respondents had card, only few did not have
TABLE.-3
PURCHASE FREQUENCY %
AS PER NEEDS 19 38
MONTHLY 23 46
Yearly 8 16
TOTAL 50 100
YEARLY; 16.00%
PER NEED; 38.00%
MONTHLY; 46.00%
INTERPRATATIONFIGURE-3
This question was to know their need and interest towards Pantaloons; I found that most
of the respondents came to shop when they felt need to buy and they did visit almost in a
TABLE.-4
CY %
Less than 8000 6 12
8000-20000 11 22
20000-40000 13 26
TOTAL 50 100
8-20000; 20.00%
20-40000;
24.00%
INTERPRATATIONFIGURE-4
This question was to know purchasing power of customers so Most of the respondents
Pantaloons?
TABLE.-5
frequency %
Highly satisfied 28 56
Satisfied 22 44
Dissatisfied
Highly dissatisfied 50 100
TOTAL
SATISFIED; 44.00%
H.S; 56.00%
INTERPRATATIONFIGURE-5
This question was to know whether customers are satisfied or not but I found that many
6. Do you find that all the problems and queries are solved and answered
TABLE.-6
Y %
Agree 16 32
Strongly 30 60
agree
Disagree 4 8
Strongly
disagree
TOTAL 50 100
S.AGREE; 60.00%
FIGURE -6 this question was to know that customers attitude towards customer service
and I found that customers were happy with the service and few had denied to be
TABLE-7
Frequency %
Yes 46 92
No 4 8
Total 50 100
NO; 8.00%
YES; 92.00%
INTERPRATATIONFIGURE-7
In my survey only 4 respondents did not have PAYBACK card so they were not getting
TABLE-8
Frequency %
GOOD; 32.00%
EXCELLENT; 68.00%
INTERPRATATION FIGURE-8
This was to know customer trust on loyalty program I found the that according to
majority of respondents, loyalty program was at the good position and no respondent
If yes, which?
TABLE-9
Frequency %
Reliance 6 12
Max 4 8
Big Bazaar 9 18
OTHER; 9.52%
RELIANCE; 28.57%
B.BAZAAR; 42.86%
MAX; 19.05%
INTERPRATATIONFIGURE-9
As we can see that only few respondents were holding the privilege card of retailer, like
10. Would you recommend your friends to get enrolled in to the green card program
at pantaloons?
TABLE-10
Frequency %
Yes 30 60
No 12 24
May be/cant say 8 16
Total 50 100
NO; 24.00%
YES; 60.00%
INTERPRATATIONFIGURE-10
This question was to know that will customers suggest their friends and relatives to shop from
Pantaloons and I found that most of the respondents were eager to tell excellent shopping
experience to other people and some did not want to share with any few respondents were
like
convenience.
customers.
weekends.
with the evolution of the retail sector in India, then moved with various loyalty
programs and benefits, distribution and the growth of the retail sector. We have also
covered issues like the Foreign Direct Investment in the retail sector, the untapped
opportunities that exist in the retail industry in India. We have also discussed about
-www.pantaloon.com
-www.google.co.in
-www.pantaloonretail.in
-www.futuregroup.in
-www.adityabirlanuvo.net
-Company browsers
Books-
-Retail Management
-Timesofindia.indiatimes.com/keyword/pantaloons
APPENDIX:
QUESTIONNAIRE
1. Have you purchased earlier from Pantaloons?
Yes [ ] No [ ]
Yes [ ] No [ ]
Yearly [ ]
Yes [ ] No [ ]
Excellent [ ] Good [ ]
If yes, which?
Reliance [ ] Max[ ]
10. Would you recommend your friends to get enrolled in to the green card program
at pantaloons?
Name –
60[ ]25-40[ ]