Comparative Study Vishal Mega Mart With Big Bazaar
Comparative Study Vishal Mega Mart With Big Bazaar
Comparative Study Vishal Mega Mart With Big Bazaar
REPORT
ON
“COMPARATIVE STUDY OF VISHAL MEGA MART WITH BIG
BAZAAR”
SUBMITTED BY:-
CERTIFICATE
This Summer Training Project Report embodies the facts and figure
collected and interpreted by him during the course of Training.
2. Corporate Profile
3. Organizational Structure
4. Objectives
5. Products
6. Showrooms
7. Brands
8. Financial Position
9. Assumptions
12. Annuxures
14. Learning
15. Suggestions
ACKNOWLEDGEMENT
ACKNOWLEDGEMENT
One of the heart-warming things about writing this report is the generous and enthusiastic cooperation I
got from those to whom I turned for help in collecting facts and information. It is, therefore, a special
pleasure here to publicly acknowledge all those executives and managers who helped me during my
training in their respective departments.
I would like to express my sincere thanks to Mr.VIKAS JULANI, Regional Manager, VISHAL RETAIL
LTD., North Zone, who has given me an excellent opportunity to get an exposure in his esteemed
organization by allowing me to work on this project.
I record my grateful thanks to Mr. AJEET SINGH (Manager) , who conceived this novel idea and
initiated us to work on such relevant issue. Throughout this project, his expertise and careful guidance has
been consistence source of enlightenment.
I immensely acknowledge Mr. R.S. PARIHAR (A.S.M) , for extending his constant encouragement and
cooperation, which has been the moving spirit behind the project.
I am equally grateful to Dr. S.P. GUPTA Respected Director Sir SRMSCET, Bareilly for organizing my
training in this reputed organization.
I am equally grateful to all faculty members of MBA department of SRMSCET, Bareilly for organizing
my training in this reputed organization.
Finally I express my sincere indebtedness to all the staff & whole VISHAL RETAIL LTD. family for
extending their support in overcoming the challenges posed in the path of successful accomplishment of
the project.
Bareilly
COMPANY PROFILE
COMPANY - PROFILE
The group had a turnover of Rs. 1463.12 million for fiscal 2005, under the
dynamic leadership of Mr. Ram Chandra Aggarwal . The group had of
turnover is 2884.43 million for fiscal 2006 and Rs. 6026.53 million for fiscal
2007.
The group’s prime focus is on retailing. The Vishal stores offer affordable
family fashion at prices to suit every pocket.
The group’s philosophy is integration and towards this end has initiated
backward integration in the field of high fashion by setting up a state of the art
manufacturing facility to support its retail endeavors.
CORPORATE PROFILE
Vishal Retail Ltd. has a factory in Gurgaon, Haryana. This factory has more
than 700 imported machines that have a capacity to manufacturer 150000 pieces
a month. The factory occupies 80000 sq ft of covered space. The Vishal group
indirectly gives employment to more than a 1000 people. These people work in
ancillaries that supply finished goods to the company.
By the end of March 2007 we will expand our outlets to 61 companies owned
outlets and many franchise operations
STRUCTURE
CORPORATE ORGANIZATIONAL STRUCTURE
OBJECTIVES
VISHAL MEGA MART’S OBJECTIVIES
"We will deliver defect - free products, services and solutions to meet the requirements of
our external and internal customers the first time every time."
MISSION STATEMENT
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
making consumption affordable for all customer segments – for classes and for
masses.
We shall infuse Indian brands with confidence and renewed ambition.
do.
We shall ensure that our positive attitude, sincerity, humility and united
VISION STATEMENT
Future Group shall deliver Everything, Everywhere, Everytime for Every Indian
Core Values
Respect & Humility: to respect every individual and be humble in our conduct.
Simplicity & Positivity: Simplicity and positivity in our thought, business and action.
To fuel initiative and foster activity by allowing individuals freedom and action and
\
PRODUCTS
Our Products
Our Products Categories
HOME FURNISHING
FOOD MART
- FOOTWEAR
BOYS GIRLS
Shoes Slippers
Sandals Sandals
LADIES MENS
Shoes Shoes
Slippers Slippers
more...
- TELEMART
- MENS
Upper Lower
Shirt Casual Jeans(MP)
Shirt Formal Cotton Trouser(MPC)
Ethnic & Sports Winter Wear
Night Suits Suit(WMC)
T-Shirts Blazer(WMB)
Dupatta Windcheater(WMW)
Sherwani Jacket
more...
- LADIES ACCESSORIES
Upper Lower
Kurta Pants Jeans
Skirt Top Capri
Ethnic Winter Wear
Nighty Jackets
Lancha Stawl
Sharara Blazer
Salwar Suit Track Suit
more...
INFANTS
Garments Accessories
Hot Pant Bed Sheet
Frock Under Garments
Baba Suit Socks
Winter Wear
Sweater
Pull Over
more...
- WOMEN
KIDS BOYS
KIDS GIRLS
Upper Ethnic
Tops(GWT) Sharara
Frock(GFK) Lancha
more...
TRAVEL ACCESSORIES
HOUSEHOLD
LIFESTYLE
STATIONARY
- GARMENTS
MEN WOMEN
BOYS GIRLS
INFANTS
- Home Furnishing
FOODMART
HOUSE HOLD
Appliances Cleaning Aids
SHOW ROOMS
SHOW ROOMS OF VISHAL MEGA MART
ANDHRA PRADESH
3-11-107,
VISHAL Ramanthapur, Ranga
MEGAMAR Reddy District,
T Hyderabad ,
Andhra Pradesh
ASSAM
Amaze Shopping
Mall,
A.T. Road, Opp.
VISHAL PanBazar
MEGAMAR Overbridge,
T Guwahati - 781001
0-9864266600
BIHAR
CHATTISGARH
DELHI
A-18, B block,
Mohan Co-
VISHAL
Operative
MEGAMAR
Society, Mathura
T
Road, New Delhi.
0-9312004711
Palmohan Plaza -
VISHAL 39, Block - A,2
MEGAMAR Rajouri Garden,
T New Delhi
0-9312004844
10209/10210,
VISHAL Padam Singh Road,
MEGAMAR Karol Bagh, Delhi
T
0-93126312196
FD - 7 , Pitampura
VISHAL New Delhi
MEGAMAR
T
0-9312004710
E- 367, Nirman
VISHAL
Vihar, Vikas Marg,
MEGAMAR New Delhi 92
T
GUJRAT
Zodiac Square,
FP-407,
Bodakdev,
Opp.
VISHAL
Gurudwara,
MEGAMAR
SG Road,
T
Ahmedabad
Gujarat
0-9328901600
Kings Square
VISHAL
703+704/3/2/,
MEGAMAR
Near Jalaram
T
Mandir, Paldi
HARYANA
SCO 10,11,12
VISHAL Near Payal Cinema,
Sector- 14,
MEGAMAR
Gurgaon,
T
0-9312004709
JHARKHAND
Central Bank
Building,
VISHAL Vishnu Talkies,
Main Road, Ranchi
MEGAMAR
Jharkhand
T
0-9334700337
KARNATAKA
No. 31/9, Hosur
VISHAL Main Road ,
Near Central Silk
MEGAMAR
Board Junction,
T Bangalore ,
Karnataka
MADHYA PRADESH
Mangal City, Plot
VISHAL No. A-1, PU-4,
MEGAMAR Commercial Scheme
T No. 54, Indore,
Madhya Pradesh
Kanha Shopping
VISHAL Mall Pvt. Ltd.,
C-5, City Center,
MEGAMAR
Lashkar, Gwalior
T
040-93110291
MAHARASHTRA
Wing B, KPCT
VISHAL Building,
MEGAMAR Wanowarie, Pune,
T Maharashtra
GOA
ORISSA
WESTERN
MARKET
VISHAL BUILDING,
MEGAMAR Shop No.- 07,
T Bhubaneswar-9
Orissa
0-9337103541
BAJRAKBATI,
VISHAL Cuttack,
MEGAMAR Orissa - 753001
T
0-9337103544
PUNJAB
Euphoria Towers,
VISHAL 2435, Maharaj
MEGAMAR Nagar, Firozpur
T Road, Ludhiana,
Punjab
Arjan Complex,
Main Sirhind
Road,
VISHAL
Nr. Hemkunt
MEGAMAR
Petrol
T
Pump, Patiala
0-9356053301
Sector 32,
Urban Estate,
VISHAL Chandigarh
MEGAMAR Road,
T Jamalpur,
Ludhiana,
Punjab
RAJASTHAN
1, Ajmer Road,
VISHAL Nr. Sarogi Petrol
Pump & Shalimar
MEGAMAR
Hotel, Opp. Govt.
T Hostel, Jaipur
0-9314500235
VISHAL 6 B, Chopasani
Road, Near New
MEGAMAR
Kohinor Cinema ,
T Jodhpur, Rajasthan
0-9350685202
UTTAR PRADESH
Ansal Plaza ,
VISHAL
Vaishali, Ghaziabad ,
MEGAMAR
T Uttar Pradesh
6 / 3, South Side,
VISHAL G.T. Road,
Silver City Complex
MEGAMAR
Ghaziabad-191001
T
0120-3954238
C-27/278,
VISHAL Maldahiya,
MEGAMAR Varanasi,
T Uttar Pradesh
Tulsi Theatre
Building, 12,
VISHAL Rani Laxmi Bai
MEGAMAR Marg
T Hazratganj, Lucknow
0522-3200454
UTTRAKHAND
Shri Ram Plaza,
VISHAL Rajpur Road, Dilla
Ram Bazar,
MEGAMAR
Dehradun
T
0-9319675566
Opposite Naini
VISHAL Valley School,
MEGAMART Nainital Road ,
Haldwani
WEST BENGAL
Spencer Plaza,
VISHAL Burdwan Road,
MEGAMAR Siliguri, West
T Bengal
BRANDS
Our VISHAL Apparels Brand
Vishal Mega Mart is one of India’s fastest growing retail chains. The chain
currently has 51 company stores in 39 cities in India. The Vishal brand is
known for great modern style for men, women and children. Vishal offers high
level fashion styling. Since 1986, our name has been synonymous with
quality, value and fashion integrity. We offer an unparalleled collection of
clothes for the entire family. Each garment is hand selected for quality and
contemporary
styling. Vishal manufactures majority of its own garments and out sources
some under its direct quality supervision. This enables us to offer the lowest
possible and most reasonable prices
Our goal is to provide a range of fashion wear to suit every pocket. Our
product mix represents the most current fashion trends in tops, bottoms,
formals and accessories for men, women and kids . Our courteous staff
will ensure that consumers get a perfect fit.
Zeppelin : Mens Shirts & Trousers Fizzy Babe : Ladies & Kids Girls
Kitaan Studio : Mens Shirts & Trousers Jasmine : Ladies & Kids Girls
Goods are received, order issued and return in the same unit of measurement.
If goods purchased are returned, there order must be completed and replacement will
not be acceptable.
If we place an order of new item to new supplier, firstly, we should append the new
In receipt addition, a user can add more than one item on one or more purchase
orders one receipt but if he wishes toad new receipts together he will have to choose
addition option again.
Fundamental to the success of any formal marking research project is sound research
methodology. A research design purely and simply the framework or plan for a study that
guides the collection and analysis of the data.
The research was conducted using primary as a source of information and the method
adopted was 'surveying'. Survey is the most commonly used of primary data collection in
market research. This widely used of its extreme flexibility.
The questionnaire formed contained direct question, which were both open-ended and
close-ended. Among close-ended question, again both dichotomous and multiple choice
questions were used. The questions were framed keeping the objective of research in mind
and in such a way that they are able to extract the required information from the
respondents.
Observation method was also used. In it, the factors around the respondents wee keenly
observed e.g. space, potential for expansion etc. They were noted down as 'comments'
which proved very useful while analyzing the data.
OBJECTIVE OF RESEARCH
Toshiba as per its new marking strategy increase its presence in all the segments needs to
generate a database. As soon as the database is in place, the strategy of telemarketing will
be used to prospect customers and there by extend market share.
With this objective in mind a survey was conducted in KANPUR city. A questionnaire was
framed by the researchers which asked regarding their requirements and future plans.
MAIN OBJECTIVE:
Comparative study of VISHAL MEGA MART with BIG BAZAAR.
SUB OBJECTIVES:
The analysis has revealed inter alia the following information:
Segment wise prospective customers.
Preferred buying options.
SPANCO PROCESS
To find a customer is no easy for a company which has such a wide range of product &has
to cover a wide field.
Due to wide range of product and wide area to cover "VISHAL MEGA MART” strategy
called "SPANCO PROCESS". In the process:
S – Suspecting
P – Prospect Validation
A – Approach
N – Negotiation
C – Close
O – Order
Suspecting: It is the fist stage of SPANCO PROCESS. In this stage, company suspects
where is the customer. Suspect process is done through telephone directory, association
directory, cold suspecting and carpet coverage in cold suspecting, company send their
executive to various organisation and collected the data through interview or
questionnaire. According to condition of organization. In carpet coverage, they decided the
whole population into a number of samples and maximum unit of each sample is VISHAL
MEGA MART often does their suspect work through cold suspecting.
SAMPLING PLAN
The Sampling plan was designed as follows:
Sampling Unit : As already stated the survey was to be conducted in four market
The feasibility of the sample unit comprising these segments was adjudged by the
insight regarding the workload and capability for capital investment. Care was taken in
choosing only those centers where document processing was prevalent.
Sample Size: To gather information which could form a reliable database. The
The task of data collection begins after a research problem has been defined and research
design is chalked out. While deciding about the method of data collection to be used for
the study; the researchers should keep in mind two types of data i.e. Primary and
Secondary data.
The primary data, are those which are collected afresh and for the first time, and thus
happen to be original in character. The secondary data on other hand are those which have
already been collected by someone else and which have already been passed through the
statistical process. The data used for the present research is primary data. The different
methods that are used for collecting primary data are as follows:
A) Contact Method:
The 'contact method ' considering the short coming was selected to personal interview ing.
This method being versatile was arranged interviewing as it made concerned approach to
the respondent.
B) Observation Method:
The present investigation was done on the basis of making note of behaviour and gestures
of the target customers.
C) Questionnaire Method:
The method of data collection is quite popular and is being adopted by research workers,
private individuals and organization.
D) Schedule Method:
The method of data collection is very much like the collection of data through
questionnaire, with little difference which lies in the fact that schedules are being filled in
by the enumerates who are specially appointed for the purpose, these enumerators go to
the respondents along with the schedule and put up the question..Inferences are drawn on
the answers given by them.
LIMITATIOS
2. At some places difficulty faced in obtaining the information due to absence of the
proprietor.
3. Unwillingness on the part of few respondents to disclose the information as per the
questionnaire.
a
Vishal Mega Mart
55.6
60
50 39.2
40 Direct from maufacturer
30 Supplier
20 Own
5.2
10
0
1
In Big Bazaar
49.5
50
40 30
30 Direct from manufacturer
20.5 Supplier
20 Own
10
0
1
61.2
60
50 39.8
40 Manually
30 By information system
20 others
0
10
0
1
In Big Bazaar
100 92.6
80
Manually
60
By information system
40 others
7.4 0
20
0
1
41
40
30
35
23
30
By Advertisement
25
By Customer
20
By manufacturer
15
6 Others
10
5
0
1
In Big Bazaar
49
50
40 30.9
By Advertisement
30 By Customer
20 By Manufacturer
10 10.1
Others
10
0
1
65.3
70
60
50 Manufacturer
40 Supplier
24.7
30 Self
20 10 As per the Product
0
10
0
1
A
In Big Bazaar
59.8
60
50
40 Manufacturer
30 20.1 20.1 Supplier
20 Self
0 As Per the product
10
0
1
64.5
70
60
50 Manufacturer
40 23.2 Supplier
30 Self
12.3
20 Other
0
10
0
1
In Big Bazaar
61.3
60
50
30.7 Manufacturer
40
Supplier
30
8 Self
20 , Others
0
10
0
1
25.3
30 30.2 25.1
25 on the basis of need of
19.4 customer
20 festival occasion
15
selling basis
10
5 inventory basis
0
1
In Big Bazaar
44.3
45
35.4
40 on the basis of need of
35 customer
30 festival occasion
25
20 selling basis
15 10.2 10.1
10 inventory basis
5
0
1
60 55.2
50 40.3
40 manufacturer
30 supplier
own
20 4.5
10
0
1
In Big Bazaar
49.1
50
40 30.4
20.5 manufacturer
30
supplier
20 own
10
0
1
44.3 50.2
50
40
30 by supervising
by customer's feedback
20 others
5.5
10
0
1
In Big Bazaar
70.3
70
60
50
by supervising
40
by customer's feedback
30 19.3
others
20 10.4
10
0
1
Comparison
36
35
30
24
25 vishal mega
20 mart
15 in Big
10 Bazaar
5
0
1
49
50 42
40
upper class
30
upper middle class
20 9 middle class
10
0
1
In Big Bazaar
48
50
40 21
21 upper class
30
upper middle class
20 middle class
10
0
1
a)-teenagers b)-youth
c)-kids d)-olds
In Vishal Mega Mart
45
45
40
35 24 24
30 teenagers
25 youth
20 kids
15 7 olds
10
5
0
1
In Big Bazaar
39
40
35 31
30 teenagers
25 yputh
20 17 13
kids
15 olds
10
5
0
1
50 46
40
31 LIFO
30 23 FIFO
JIT
20
Others
10 0
0
1
In Big Bazaar
46
50 41
40
LIFO
30 FIFO
13 JIT
20
Others
10 0
0
1
100 81
80
cash
60
credit cards
40 cheques
13 6
20
0
1
In Big Bazaar
78
80
70
60
50 cash
40 credit cards
30 15 cheque
7
20
10
0
1
34
35 29
30 26
25 competitors
20 manufacturers
15 11 to achieve goal
10 others
5
0
1
In Big Bazaar
39
40
35 28
30
21 comptetiors
25
manufacturer
20
to achieve goal
15 12
others
10
5
0
1
ANNEXURES
QUESTIONNAIRE
Q1- From where you purchase the goods?
a)- direct from manufacturer
b)- supplier
c)-own
Remarks : ……………………………………………………………………………….
……………………………………………………………………………………………..
……………………………………………………………………………………………..
ANALYSIS OF DATA
2nd
1. You belong to which age group?
50
45
40
% OF PEOPLE
35
Age 10-25
30
Age 25-40
25
Age 40-55
20
Age 55 <
15
10
5
0
1
AGE GROUP
2. Profession of customer
35
30
25
% OF PEOPLE
SERVICE MAN
20 BUSINESS MAN
15 PROFESSIONALS
OTHERS
10
0
1
PROFESSION
3. Income of Respondent
45
40
35
% OF PEOPLE
30 BELOW -50,000
25 50,000 -1,00,000
20 1,00,000 - 2,00,000
15 2,00,000 -<
10
5
0
1
INCOME OF REPONDENT
4. Metting place of Respondent
60
50
% OF RESPONDENT
40
VISHAL MEGA MART
30
BIG BAZAAR
20
10
0
VISHAL MEGA MART BIG BAZAAR
35
30
% OF RESPONDENT
25
MOSTLY
20 WEEKLY
15 MONTHLY
OCCASIONLY
10
0
1
FREQENCY OF VISITING
53
52
% OF RESPONDENT
51
50 BUYING
49 SHOPPING
48
47
46
BUYING SHOPPING
54
53
52
% OF RESPONDENT
51
50
VISHAL MEGA
49 MART
BIG BAZAAR
48
47
46
45
44
VISHAL MEGA MART BIG BAZAAR
80
70
% OF RESPONDENT
60
50
40 Series1
30
20
10
0
VISHAL MEGA MART BIG BAZAAR
56
54
% OF RESPONDENT
52
50
Series1
48
46
44
42
VISHAL MEGA MART BIG BAZAAR
53
52
% OF RESPONDENT
51
50
Series1
49
48
47
46
VISHAL MEGA MART BIG BAZAAR
80
70
% OF RESPONDENT
60
50
40 Series1
30
20
10
0
VISHAL MEGA MART BIG BAZAAR
80
70
% OF RESPONDENT
60
50
40 Series1
30
20
10
0
VISHAL MEGA MART BIG BAZAAR
70
60
% OF RESPONDENT
50
40
Series1
30
20
10
0
TRADITIONAL MARKET SHOPPING MALL
ANNEXURES
Comparative st
Name of Respondent –
Gender -
Address -
Contact No. –
Researcher Name - A
1. 10-25 ( )
6. The purpose for coming in shopping Mall
1. Buying ( ) 2.Shopping ( )
REMARK -
………………………………………………………………………………………………………………
………………………………………………………………………………
PLACE:
LEARNING
LEARNING
summer training, I started my project from knowing about the company, its history,
about its department and their functioning. Various departments help me to learn
deferent things. For example, from personal department I learn about managing
the work force, from sales department I have learn how to sell the products, which
How ever, the inferences from questionnaire, I draw, from my learning and
observation, even than I would I like mention few of the key learning points, which
are:-
1. To manage workers of varied needs every day.
6. About various steps, that could be taken, to boost up sales of the company
7. TEAM =Together every one achieve more, is very true at any corporate and
8. Happy people are more productive and I learn how to be effective at work
place.
sales part of the company therefore; the company should go forward to hire
more professionals.
along with the Head office’s department to make the decision in its own.
5. Company should outsource some survey agencies to search for new and
potential customers.
programs.
develop quality circle within the company to enhance quality of product and
work life.
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 the Indian 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. Future plans as follows-
• To capture the large market share in upper class as well as meddle class
society.
3. www.google.com