WA0220. - Edited
WA0220. - Edited
WA0220. - Edited
BANGLORE
SUBMITTED
Submitted by: BY
Of
AMALMASTER
COLLEGE OF ADVANCED STUDIES
OF BUSINESS ADMINISTRATION
BANGLORE
1
AMAL COLLEGE
Amity Global BusinessOF ADVANCED
School, Bangalore STUDIES
DECLARATION
I hereby declare that the Summer Internship project entitled “CUSTOMER SATISFACTION
AND STUDY OF PROMOTIONAL ACTIVITIES FOR DRIVING IN MORE
CUSTOMERS WITH REGARD TO RELIANCE TRENDS” submitted by me as a partial
fulfilment for the award of Masters of Business Administration to Amity Global Business
School, Bangalore is original and genuine work carried out by me.
Date:
Place:
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Amity Global Business School, Bangalore
ACKNOWLEDGEMENT
Apart from my own efforts, the success of any project depends largely on the encouragement and
guidelines of many others. I take this opportunity to express my gratitude to the people who have
been instrumental in the successful completion of this project.
I would thank the entire Management of Reliance trends Limited for giving me the wonderful
opportunity to work on a two-month internship project in their esteemed organization.
I am highly obliged to Mr. Nararaja Gowda deputy manager, marketing south zone for
Apart from our own efforts the success of any project depend
giving me this project and guiding me throughout my summer internship research. His
largely on the encouragement and guidelines of many others.I take
encouragement, time and effort motivated me to work sincerely in this project.
this opportunity to thank those good hearts
I would like to thank, Dr. T.R. Venkatesh, Director General, AGBS, Bangalore, for giving me
a chance to gain an exposure in the corporate world. I would also like to thank Prof.
S.MURALI, Dean & Prof. Nagamani, Placement Incharge, AGBS, Bangalore, for their kind
cooperation and providing me with the academic support.
I would like to thank my project faculty guide Prof. Srivats. R, AGBS, Bangalore, for his
constant follow-up, support, encouragement and guidance to complete this project within the
allotted time frame.
Last but not the least; I would like to thank my Almighty for blessing me and making this
project a success.
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EXECUTIVE SUMMARY
This study is intended to help reliance trends decide upon the steps to be taken care for customer
satisfaction so that the growth of the company keeps on improving. Primary data have been used
for analysis. However, secondary source have yielded preliminary information.
Research conducted was descriptive in nature. Descriptive research helped me to develop the
concept to clearly establish priorities, to divulge adequate information which helps me indecision
making and thus essential for making the study a success.
A structured questionnaire was used to obtain required information and to assess the customer
satisfaction level and to find the ways through which the company can come up to the
expectation of customer so that the optimum satisfaction level can be achieved. I have used
random sampling for my survey. Care was taken that the respondents were as diversified as
possible. A sample size of 50 respondents was taken from Bangalore. I collected data and
analyzed them. I have critically analyzed each and every question in the questionnaire and then
given the managerial implication. This analyzed data was later converted into bar diagrams for
convenience. This also made it easy to draw a conclusion based research and provide a
presentable format for the report. Later on the information were compiled to form a presentable
report. Along with this I also learnt the store operation of Reliance Trends. A better strategy to
satisfy customer is only the way to gain customer attention and to penetrate more in own
catchment area. Strategy must be in all area like Promotional offer/Scheme, Product Pricing,
Employee behavior, Billing Process, Product Assortment, Product quality in terms of RATER. It
is found in the research that customers are price sensitive hence Reliance trends should give
those offers which can facilitate more money saving as the customers are price sensitive. Once
the conservative thought would abolish, definitely the retail will grow with leap and bound,
ultimately it would benefit Reliance trends.
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TABLE OF CONTENT
1 Introduction 6
2 Industry Profile 8
3 Company Profile 16
4 Literature Review 30
5 Customer satisfaction 38
7 Research Methodology 58
8 Data Analysis 63
10 Conclusion 87
11 Bibliography 88
12 Annexure 89
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INTRODUCTION
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Reliance Group
The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest private
sector enterprise, with businesses in the energy and materials value chain. Group's annual
revenues are in excess of US$ 66 billion. The flagship company, Reliance Industries Limited, is
a Fortune Global 500 company and is the largest private sector company in India.
Backward vertical integration has been the cornerstone of the evolution and growth of Reliance.
Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical
integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil
and gas exploration and production - to be fully integrated along the materials and energy value
chain.
The Group's activities span exploration and production of oil and gas, petroleum refining and
marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail,
infotel and special economic zones.
Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre
producer in the world and among the top five to ten producers in the world in major
petrochemical products.
Major Group Companies are Reliance Industries Limited, including its subsidiaries and Reliance
Industrial Infrastructure Limited.
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INDUSTRY PROFILE
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Industry Profile
Introduction
The Indian retail industry has been thrown open to foreign majors and is packed with players
who strive to offer great products and value-for-money to Indian consumers. The country holds
vast promise for retailers with its burgeoning spending power and rising middle class.
The US$ 500 billion market, growing at an annual rate of about 20 per cent, is largely dominated
by small shops and stores as of now. The organised segment is in its nascent stage and has huge
potential to harness in the sub-continent. Foreign giants like Wal-mart and IKEA have recently
received the Government‟s nod to enter the Indian market, after making all the necessary
compliances.
Market Size
India‟s retail market is majorly dominated by the unorganised sector. Organised segment
accounts for 8 per cent of the total retail landscape, according to a study by Booz & Co
and RAI.
The Indian retail industry has expanded by 10.6 per cent between 2010 and 2012 and is
expected to increase to US$ 750-850 billion by 2015, according to another report by
Deloitte. Food and Grocery is the largest category within the retail sector with 60 per cent
share followed by Apparel and Mobile segment.
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The foreign direct investment (FDI) inflows in single-brand retail trading during April
2000 to December 2012 stood at US$ 95.36 million, as per the data released by
Department of Industrial Policy and Promotion (DIPP).
Online Retail
Internet is the buzzword in India these days. People have online access 24x7 through their
laptops, iPads and mobile phones. As a result they have continued access to online retail markets
as well.
Online retailers are emerging as important sales channels for consumer brands in India as more
and more people, especially the young generation, are shopping online. From apparel to
accessories, kids and infants‟ product lines and almost everything under-the-sun is available on
the net these days. Apparel and accessory brands, such as Puma, Nike and Wrangler, have
recorded a big increment in online sales in 2012, led largely by purchases from smaller towns
and cities with consumers paying the full price for these products.
For instance, footwear brand Nike has tie-ups only with online retailers such as Myntra and
Jabong. And in a very unique initiative, it recently launched its new range of cricket gear on
Jabong. Such partnerships turn out to be very successful as online retailers provide greater
visibility than a physical store. "Our online store can carry around 10,000 options, while an
offline store can carry only 20 per cent of a given range," said an official.
Online retail in India is projected to grow to US$ 76 billion by 2021, accounting for over 5 per
cent of the Indian retail industry, according to a report by advisory services firm Technopak.
This forecast is encouraging more companies- big and small- to sell aggressively online. Experts
believe that much of this growth will come from the rising purchasing power of consumers in
smaller cities, who do not have access to brick-and-mortar stores stocking high-end brands.
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Retail Industry: Key Developments and Investments
Hindustan Unilever (HUL), India's largest packaged consumer goods firm, will soon
launch the country's first liquid laundry detergent, hoping that wealthy consumers will
not be hesitant to pay a premium for a product that promises to make their laundry chore
easier. The company claims that the new product removes stains two times better than
any other detergent powder in the market. With 90 per cent penetration in the core
detergent space, HUL is trying to create newer consumption opportunities in the over Rs
15,000 crore (US$ 2.51 billion) laundry market with niche and premium products
including Comfort fabric conditioner and Rin liquid blues in the post-wash segment.
Villeroy & Boch AG, the Germany-based bath, wellness and tableware firm, has
partnered with Delhi-based Genesis Luxury Fashion to commence its operations in
single-brandretail trade in India. Villeroy & Bosch‟s application, seeking 50 per cent
equity in the joint venture (JV) company for single-brand retail trade, has recently got a
nod from the Foreign Investment Promotion Board (FIPB). The FDI infusion in the JV
would be to the tune of Rs 1.12 crore (US$ 187,463.60). Genesis Luxury Fashion, that
has brands such as Paul Smith, Bottega Veneta, shoe brand Jimmy Choo, Italian label
Etro and Armani and home and personal care products from Crabtree and Evelyn under
its business in India, will exclusively manage the distribution of Villeroy & Boch
tableware products in the country. The alliance ensures the establishment of a distribution
network through the opening of Villeroy & Boch‟s exclusive retail stores in India.
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In a bid to tap the branded footwear market in India, which is estimated to be about Rs
30,000 crore (US$ 5.02 billion), Aero Group (known for its flagship Woodland brand) is
planning to revive one of its old brands, Woods. The company is contemplating to open
around 30 new, revamped Woods stores in 2013. The eight-year-old brand would now
lay its focus on the fashion quotient, rather than the typical outdoor, rough and tough
image of Woodland, and will have more of the range for women.
Godrej Interio, the furniture retailing arm of Godrej Group, is aiming for Rs 5,000 crore
(US$ 837.14 million) of turnover by 2016-17, with plans to invest over Rs 300 crore
(US$ 50.23 million) to expand manufacturing capacity and retail stores. The company is
planning to set up more than 75 stores in 2013 itself with focus on tier II and III cities.
The Indian branded furniture market is worth about Rs 10,000 crore (US$ 1.67 billion)
out of which Godrej Interio accounts for 15 per cent of the share. The company also plans
to establish 200 speciality stores which will design and built products according to the
consumer's convenience and preference.
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Government Initiatives
The Cabinet Committee on Economic Affairs (CCEA) has recently approved Swedish furniture
retailer IKEA's application to enter the Indian industry and set up a single brand retail venture in
the country. FDI would be to the tune of Rs 10, 500 crore (US$ 1.76 billion), making it the
largest investment to be made by a foreign brand in the Indian retail sector.
Moreover, the Government may further simplify investment norms in multi-brand retail to please
foreign retailers who intend to invest in India but are a little hesitant on certain clauses. Mr
Anand Sharma, the commerce and industry minister, has re-iterated that any FDI proposal in
multi-brand retail will be fast-tracked for sure.
Road Ahead
The overall Indian retail sector is expected to grow 9 per cent in 2012-16, with organised retail
growing at 24 per cent or three times the pace of traditional retail (which is expected to expand at
8 per cent), according to the report by Booz & Co and RAI.
Deloitte also seconds this forecast and expects that organised retail, which constitutes eight per
cent of the total retail market, will gain a higher share in the growing pie of the retail market in
India. Various estimates put the share of organised retail as 20 per cent by 2020.
Meaning of Retail
The word “RETAIL” is derived from the French word RETAILLIER, meaning to cut piece off
or to break bulk. Retailing in India is as old as India itself.
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Definition: Retail is the sale of goods to end user, not do resale, but for use and consumption by
the purchaser. The retail transaction is at the end of supply chain manufacturer sell large
quantities of products to retailers, and retailers sell small quantities of those products to
consumers.
All activities involved in selling goods or services to the final customer for personal use in
today‟s scenario our retailer does not exist in the brick and mortar from alone. She/he can do it
by using the telephone, by direct mails, by using the Internet or absolute impersonally by using
vending machines.
The emergence of the neighbourhood „Kirana‟ stores catering to the convenience of the
consumers.
Era of Government support for rural retailing: Indigenous franchise model of store chains
run by Khadi & Village Industries Commision.
Textiles sector with companies like Bombay Dyeing, Raymond‟s, S Kumar‟s and Grasim
first saw the emergence of retail chain.
Later Titan successfully created an organized retailing concept and established a series of
showrooms for its premium watches.
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Emergence of hyper and super markets trying to provide customers with 3 V‟s- Value,
Variety, Volume.
Shoppers‟ Stop
Westside
Pantaloons
Lifestyle
Crossword
Wills Lifestyle
Globus
International retailers:
There has been greater influence of brands like Wal-Mart, Tommy Hilfiger, Carrefour, Marks &
Spencer‟s, Nike, etc in the big cities of India for long.
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COMPANY PROFILE
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Reliance in retail
Reliance Retail Limited (RRL) is a subsidiary of Reliance Industries Limited, which is based in
Mumbai. RRL was set up in 2006 and marks the foray of the Reliance Group into organized
retail. RRL has been conceptualized to include growth for farmers, vendor partners, small
shopkeepers and consumers. It is based on Reliance‟s backward integration strategy, to build a
value chain starting from farmers to consumers.
Business Divisions
Reliance Retail Ltd. has a number of company-owned outlets along with a franchisee format that
would be in collaboration with Kirana shop owners. Its various divisions are:
a) Reliance Mart
It is designed to be an all under one roof supermarket that again caters to household needs.
b) Reliance Fresh
It was the first amongst various format stores to be launched by Reliance Retail Ltd. The
ideology behind the initiative has been to bring “Farm to fork” thereby removing middle men
and benefitting both farmer and consumer. The stores would typically be of an area of around
3,000-5,000 sq ft. Each store is to provide fresh fruits, vegetables and also products of Reliance
Select and other related groceries.
c) Reliance Super
It will be a smaller version of the hypermarket format. It is to offer over 10,000 products in
various categories like grocery, home care, stationery, pharmaceutical products, apparels &
accessories, FMCG, consumer durables & IT, automotive accessories and lifestyle products.
Reliance Super stores are to be large supermarkets with an area of 4,000 to 10,000 sq. ft. and will
not sell fruits and vegetables like Reliance Fresh.
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d) Reliance Digital
It is a consumer electronics concept mega store. It is designed to be a one stop shop for all
technology solutions in the field of consumer electronics, home appliances, information
technology and telecommunications. The stores are to cover an area of more than 15,000 sq. ft.
and offer a variety of over 4,000 products spread across 150 brands along with solution bundles
to meet diverse customer needs. The staff will counsel and guide customers not only to buy
products but also provide complete solutions to ensure consumers buy the right product at the
right price. It will continue to offer Reliance One, a common membership and loyalty program
across all formats, which follows the philosophy ‟Earn Anywhere, Spend Anywhere‟. It shall
also provide finance options for purchases. Reliance Digital is to be a large format store spread
across 15,000 to 35,000 sq. ft. and is scheduled to come up in 70 cities in India in the near future.
e) Reliance Wellness
It is a chain of specialty wellness stores that would offer pre-emptive, curative as well as health
and beauty solutions. The store is to add value to people‟s lives, by providing products and
services that will proactively work to enrich people‟s body, mind and spirit. It is to house world
class products under one roof and also educate consumers on their health needs, thus enabling
them to take charge of their health. It will sell international and national brands like H2O,
Neutrogena, Olay, Sports Nutrition, etc. They will also house alternate medicine, health books &
music. The stores are to showcase Wellness Events, Seminars, Workshops and Advisory camps
on contemporary wellness issues like diabetes, hypertension, fitness, diet and nutrition, weight
management and skin care.
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f) Reliance Footprints
It is a specialty footwear store that would offer over 25,000 pairs of formal, casual, ethnic, party
wear and sports wear in men, women and children footwear. The store is to be spread over 7,500
square feet and be dedicated to footwear, handbags and accessories. The design of Footprint was
conceptualized by Pavlik of USA which is one of the best design houses in the world keeping in
mind the taste and preferences of the Indian consumer. It shall offer brands from Europe and
America like Josef Siebel, Rockport, Hush Puppies, Lee Cooper Clarks, Levis, Nike, Adidas,
Piccadilly, Dr. Scholl‟s and more. For kids, Crocs and Disney will be showcased. The store plans
a pan-India presence by opening over 15 more specialty stores.
g) Reliance Jewels
It is a stand-alone fine jewellery format. It is to be a one stop shopping destination for fine
jewellery. Reliance Retail ventured into gems and jewellery trade with the aim of launching 300
stores all over India within a 3 year time frame. With a growing demand for jewellery and lower
competition. The gold jewellery range shall include Kolkata Filigree, Rajkot minakari jewellery,
Kundan from Jaipur, Temple jewellery from Kerala, Jadau from Amritsar and more. In Diamond
jewellery, Reliance Jewels will offer the finest quality of diamonds and the widest range of daily
wear, party wear and wedding designs.
h) Reliance Timeout
With over 56,000 products Reliance Timeout will offer customer an extensive range of
merchandise in books, music, stationery, toys and gifts. It is to a format based on the ideology to
provide a place where a consumer can unwind and relax, browse and buy a book, sample some
music, choose a gift, and buy a toy or some exclusive stationery for themselves. Reliance
Timeout will offer a comprehensive range of products in these categories along with an attempt
to create a fascinating customer experience with a warm, lively ambience.
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i) Reliance Trends
It is a specialty apparel store that will sell men, women and children‟s garments. The store will
carry the best of national and international brands like John Players, Peter England, Indigo
Nation, Wrangler, Reebok, and Lee, apart from in-house brands. The store layout is to
compliment the evolving taste and preference of fashion savvy consumers, giving them an
opportunity to view /shop with ease, along with well trained customer service associates, to
compliment the entire shopping process. Reliance trends is operation with 123 stores across the
country, providing employment to so many people and planning to launch many new stores.
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Company Profile
Founded : 2007
Headquarters : Mumbai
The Apparel, Luggage and Accessories division of reliance retail has announced the launch of
their first Apparel speciality store “Reliance Trends”.
All the Reliance Trends stores located at different places across Bangalore offer some of the best
Indian and International brands with each store‟s area of more than 15,000sq.ft. of shopping
area, and has been designed and furnished by the best of the international design agencies to
offer a high style and lavish experience to the Indian consumer.
The store layout compliments the evolving tastes and preference of fashion savvy consumers,
giving them an opportunity to view/shop with ease, along with an army of well trained customer
service associates to compliment the entire shopping process.
Riding on the tremendous success of Reliance Mart at various locations across India, the apparel
division of Reliance Retail is well on track to democratise fashion and make it attainable to the
masses.
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This is being possible by the extraordinary design pool of Indian and International designers,
integrating the international design trends and preferences of the Indian consumers.
The company is offering solutions to common maintenance problems through its state of the art
innovative products like Ever White Shirts, Anti Stain Trousers, Wrinkle free range of garments,
aromatic clothes for infants and quick-dry sports wear that ensures optimum moisture
management.
Product quality has been ingrained into the DNA of Reliance Trends and is integral to the
mission of “Grahak Devo Bhava”. The quality system are designed, implemented and monitored
as per international standards by a highly competent team of professionals.
To deliver the customer the best value for their money, only those products that demonstrate an
exemplary safety and quality meeting both implicit and explicit needs of the consumer are
approved for purchase.
Some of the quality standards that are being followed are American Association of textiles,
chemists and colourists. American Standard, ISO and BIS methods.
For the first time in organised retail, Reliance Trends is introducing Made to Measure tailoring
service offering customised fits to all the customers buying fabric from the store at prices
compatible to neighbourhood tailors.
Reliance Trends is offering a homogenous mix of private label of brands across men‟s, women‟s
and children‟s category to fulfil every customer‟s requirements.
The Network range of garments comprises of formal office wear and collection for men and
women, while the Netplay range, showcases a smart casual collection for the evolving
workplace. The DNMX range has been developed with a clear focus on the youth of India,
offering them exclusively crafted fashion garments like Denims, T-shirts etc.
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Sparsh range of Indian wear for women, offers the finest collection of salwar kurtas, churidars
and a fast evolving Mix and Match range of garments. An exclusive label Panda has been
developed for infants and toddlers, while the FRENDZ range of garments would compliment the
wardrobes of the growing generation of boys and girls.
Apart from these private labels, the store is also offering some of the most renowned brands in
the country like Levis Strauss Signature, Peter England, Indigo Nation, American Tourister, John
Players etc. Some designer labels either directly or through their sub brands most of these
exclusively for Reliance Trends.
Continuing the tradition of reaching out to the middle class of the country, the current offering
from Reliance Trends is easily affordable to the Indian consumer. The specific private label
called First Class, is designed to cater to the range of garments cutting across men‟s, women‟s
and children‟s wear to deliver extreme value to the Indian consumers.
Taking forward the voice of Shri Mukesh Ambani, Chairman & Managing Director, Reliance
Industries Ltd, Reliance Trends delivers unmatched affordability, quality and chain of products
and services to the consumer. Reliance Retail continues to fine tune its offering and listening to
its customers and learning from them. This as the Chairman envisions, will be the beginning of
transformation of Indian Retail with benefits for the consumer.
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Product Profile
1)Women’s Wear
2)Men’s wear
3) Kid’s wear
Infants Toddlers
4) Accessories
Handbags Socks
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Private labels by Reliance Trends
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External Brand in Reliance Trends
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Group vision
Democratize fashion, enrich quality of life of Indian households by giving them access to quality
, fashionable clothing at extreme value.
Group mission
To be the India‟s largest apparel retailer and the dominant player in retail space.
USP
Q: Best Quality
F: Latest Fashion
T: Patented Technology
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SWOT ANALYSIS
STRENGTH:
Lower Price
Coupons, Voucher
Promotional Products
Good Quality
Value to money
Understanding the customer needs
Implementation of the pint theory (5 theory = greeting)
Offer on national holiday like 15 august , 26 jan ,16 junetc
Ultimate offer (offer for the whole yr)
WEAKNESS:
Repeated Collections
Not Much Collections
Lack Of Awareness
OPPORTUNITIES:
There Is A Competition From Stores Like Life Style, Pantaloons, Shopper‟s Shop
Etc.,
Many Stores Have To Open
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Reliance Retail accomplishes Rs 10,000 crore turnover in 2012-2013
The company witnessed strong same store sales growth ranging from 7% to 18% across format
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LITERATURE REVIEW
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Marketing
Different people have defined marketing in different ways. The practice of management, Peter
Drucker wrote that “Because the purpose of business is to create a customer, the business
enterprise has two and only two basic functions: marketing and innovation. Marketing and
innovation produce results; all the rest are costs. Marketing is the distinguishing, unique function
of the business.”
In the words of Philip Kotler, “Marketing is a Human activity directed at satisfying needs and
Survey Methodology:
In statistics, survey methodology is the field that studies the sampling of individuals from
a population with a view towards making statistical inferences about the population using the
sample. Polls about public opinion, such as political beliefs, are reported in the news media in
democracies. Other types of survey are used for scientific purposes. Surveys provide important
information for all kinds of research fields, e.g., marketing research, psychology, health
professionals and sociology. A survey may focus on different topics such as preferences (e.g., for
a presidential candidate), behaviour (smoking and drinking behaviour), or factual information
(e.g., income), depending on its purpose. Since survey research is always based on a sample of
the population, the success of the research is dependent on the representativeness of the
population of concern (see also sampling (statistics) and survey sampling).
Survey methodology seeks to identify principles about the design, collection, processing, and
analysis of surveys in connection to the cost and quality of survey estimates. It focuses on
improving quality within cost constraints, or alternatively, reducing costs for a fixed level of
quality. Survey methodology is both a scientific field and a profession. Part of the task of a
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survey methodologist is making a large set of decisions about thousands of individual features of
a survey in order to improve it.
Selecting Examples:
There are several ways of administering a survey. The choice between administration modes is
influenced by several factors, including 1) costs, 2) coverage of the target population, 3)
flexibility of asking questions, 4) respondents' willingness to participate and 5) response
accuracy. Different methods create mode effects that change how respondents answer, and
different methods have different advantages.
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The most common modes of administration can be summarized as:
Telephone
Mail (post)
Online surveys
Personal in-home surveys
Personal mall or street intercept survey
Hybrids of the above.
Response formats
Usually, a survey consists of a number of questions that the respondent has to answer in a set
format. A distinction is made between open-ended and closed-ended questions. An open-ended
question asks the respondent to formulate his own answer, whereas a closed-ended question has
the respondent pick an answer from a given number of options. The response options for a
closed-ended question should be exhaustive and mutually exclusive. Four types of response
scales for closed-ended questions are distinguished:
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Interviewer effects:
Survey methodologists have devoted much effort to determine the extent to which interviewee
responses are affected by physical characteristics of the interviewer. Main interviewer traits that
have been demonstrated to influence survey responses are race, gender and relative body weight
(BMI) . These interviewer effects are particularly operant when questions are related to the
interviewer trait. Hence, race of interviewer has been shown to affect responses to measures
regarding racial attitudes , interviewer sex responses to questions involving gender issues , and
interviewer BMI answers to eating and dieting-related questions . While interviewer effects have
been investigated mainly for face-to-face surveys, they have also been shown to exist for
interview modes with no visual contact, such as telephone surveys and in video-enhanced web
surveys. The explanation typically provided for interviewer effects is that of social desirability.
Survey participants may attempt to project a positive self-image in an effort to conform to the
norms they attribute to the interviewer asking questions.
Primary research:
Primary research consists of the collection of original primary data. It is often undertaken after
the researcher has gained some insight into the issue by reviewing secondary research or by
analyzing previously collected primary data. It can be accomplished through various methods,
including questionnaires and telephone interviews in market research, or experiments and
direct observations in the physical sciences, amongst others.
The term primary research is widely used in academic research, market research and competitive
intelligence.
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Secondary research:
Secondary research involves the summary, collation and/or synthesis of existing research rather
than primary research, where data is collected from, for example, research subjects or
experiments.
In a market research context, secondary research is taken to include the re-use by a second party
of any data collected by a first party or parties.
A key performance area in secondary research is the full citation of original sources, usually in
the form of a complete listing or annotated listing.
Secondary sources could include previous research reports, newspaper, magazine and journal
content, and government and NGO statistics.
Questionnaire
A questionnaire is a research instrument consisting of a series of questions and other prompts for
the purpose of gathering information from respondents. Although they are often designed
for statistical analysis of the responses, this is not always the case. The questionnaire was
invented by Sir Francis Galton.
Questionnaires have advantages over some other types of surveys in that they are cheap, do not
require as much effort from the questioner as verbal or telephone surveys, and often have
standardized answers that make it simple to compile data. However, such standardized answers
may frustrate users. Questionnaires are also sharply limited by the fact that respondents must be
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able to read the questions and respond to them. Thus, for some demographic groups conducting a
survey by questionnaire may not be practical.
As a type of survey, questionnaires also have many of the same problems relating to question
construction and wording that exist in other types of opinion polls.
Types:
A distinction can be made between questionnaires with questions that measure separate
variables, and questionnaires with questions that are aggregated into either a scale or
index.[1] Questionnaires within the former category are commonly part of surveys, whereas
questionnaires in the latter category are commonly part of tests.
Questionnaires with questions that measure separate variables, could for instance include
questions on:
Questionnaires with questions that are aggregated into either a scale or index, include for
instance questions that measure:
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Question sequence
In general, questions should flow logically from one to the next. To achieve the best response
rates, questions should flow from the least sensitive to the most sensitive, from the factual and
behavioral to the attitudinal, and from the more general to the more specific.
Use statements which are interpreted in the same way by members of different
subpopulations of the population of interest.
Use statements where persons that have different opinions or traits will give different
answers.
Think of having an "open" answer category after a list of possible answers.
Use only one aspect of the construct you are interested in per item.
Use positive statements and avoid negatives or double negatives.
Do not make assumptions about the respondent.
Use clear and comprehensible wording, easily understandable for all educational levels
Use correct spelling, grammar and punctuation.
Avoid items that contain more than one question per item
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CUSTOMER SATISFACTION
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CUSTOMER SATISFACTION
Customer service is the provision of services to customers before, during and after a purchase.
According to Turban “Customer service is a series of activities designed to enhance the level
of customer satisfaction – that is, the feeling that a product or service has met the
customer expectation."
Its importance varies by product, industry and customer; defective or broken merchandise can
be exchanged, often only with a receipt and within a specified time frame. Reliance Trends
will often have a desk or counter devoted to dealing with returns, exchanges and
complaints, or will perform related functions at the point of sale; the perceived success of
such interactions being dependent on employees "who can adjust themselves to the
personality of the guest,"
Customer service plays an important role in an organization's ability to generate income
and revenue. From that perspective, customer service should be included as part of an
overall approach to systematic improvement. A customer service experience can change
the entire perception a customer has of the organization.
Customer support is a range of customer services to assist customers in making cost
effective and correct use of a product. It includes assistance in planning, installation,
training, trouble shooting, maintenance, upgrading, and disposal of a product.
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Objectives of Customer Services
Provide equal and easy access to our services at a time, place and channel that meet the
needs of residents, businesses and other stakeholders
Cater for customers needs irrespective of age, gender, physical or financial ability, ethnic
origin, race, religion or geographical location
Enable our customers to provide feedback easily, through complaints, customer surveys,
etc
Improve the speed, quality and consistency of response to enquiries by having our
information in a format that can be easily accessed
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Good customer service is the lifeblood of any business. You can offer promotions and
slash prices to bring in as many new customers as you want, but unless you can get some
of those customers to come back, your business won't be profitable for long.
Good customer service is all about bringing customers back. And about sending them away
happy - happy enough to pass positive feedback about your business along to others, who
may then try the product or service you offer for themselves and in their turn become repeat
customers.
Such researches provide a wider scope to the firms in the terms of high customer satisfaction.
Definition:
CUSTOMER SATISFACTION
Customer Satisfaction, business term of how the products and the services supplied by the
company meet or surpass the customer expectation. It is the key performance indicator within the
business. Customer satisfaction can greatly achieved by imparting Customer Relationship
Management (CRM) in the company.
One of the key customer satisfaction techniques is the need to provide front line
employees with the ability to respond to customer situations quickly without theneed to
‗ask for permission„.
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Innovation drives customers' satisfaction. As customers' needs keep changing, an
innovation-driven company is capacitated to exceed customers' expectations.
To provide after sale services.
Listen actively and carefully.
Anticipate that the customer will be asking questions. They may be easy, they may be
hard. But encourage them anyway. If you cannot provide an answer, promise to find out
the answer from someone who can.
Be patient, look from the customer's point of view and work from there. This point of
view will always give you the best outlook on the situation.
Always keep a smile on your face when dealing with customers which can lead to
customer satisfaction. This positive attitude can rub off and turn a potentially negative
situation into a positive experience
In order to stay competitive and remain profitable, businesses have to focus on thequality of their
customer service. Companies that invest time, energy and money intodeveloping and nurturing
quality so customers can have a satisfactory experience aregoing to be more profitable and better
likely to experience more sustained growthover the long-term.
Customer-Centric Attitude
Operations should be customer-centric meaning that the customer's best interests should always
be foremost. Service should be offered in a helpful way and with asmile. Both management and
employees should show interest towards the customer and strive to give them a good experience.
Today's companies must strive even harder than abiding by this golden rule of customer service.
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Customer care
Is something which is done even after the product is purchased. Many companies are interested
in knowing the reason why consumers have purchased the goods and services or even the goods
are not purchased. Managers interested in customer care try to collect a database as to why the
customers have purchased the competitors product and service and what will be the level of
satisfaction if it is introduced in our product or service. And also to find the level of expectations
and their level of dissatisfaction.
Customer focus
Is attained when everyone in the organization make efforts to focus the activities towards the
satisfaction of the customers right from the stage of new product planning and to product
modification to the stage of elimination of the goods and services everything revolves around the
customers. All the activities are focused on the customer satisfaction.
Another strategy to improve customer satisfaction is to invest in customer service training. All
employees should be on board with how to treat customers and help them gain a valued
experience. The quality of customer service can easily make or break a business.
The experience the people have received is the most important aspect in selling pure services or
services with tangible goods. Once the customers is satisfied with the service his loyalty towards
that product or company is at its peak.
Companies today are doing a lot of self- introspection that they are really giving the said services
to the customers.
Companies are spending more money and time to see that the services are evaluated and
improved as per the expectations of the customers. In fact , the companies globally known for
their services are always in the process of finding opportunities to improve on the quality of the
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services. Better results can be seen when the organizations makes use of external, internal, and
interactive marketing.
Communication
Communication with customers is also important. It's a good idea to always provide customers
with ways they can contact you and offer ways to contact them (if they choose). Offering e-mail,
telephone line, web contact or other ways for customers to offer comments and/or complaints is
of value.
BENEFITS
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Ask for Feedback
Surveys, questionnaires, talking to customers as they shop, and then following up with calls or e-
mails are all good ways to get feedback.
Quality Control
Quality is important to customer satisfaction and the level of quality directly plays into a
business' ability to meet customer expectations. Quality should be monitored for both service and
the type of products offered; as a part of this guarantees and the willingness to stand behind
service and/or products is necessary.
Customer delight is when the standard of the goods and services are much higher than the
expectations of the customers , this not only satisfies them but ssurprise and delight them. To
create customer delight the company will not only in crease the standard of service but will train
its personnel to deliver in its best possible manner the services as expected by the customers.
Customer delight depends on the reliability factor oif the company. This is the ability to perform
what has been promised to the customer. Companies who focus on customer delights should be
dependable and have accuracy in delivering the services to the customers.
Companies with much attitude of empathy and always paying individual attention to its
customers which in turn builds customer delight. The advantage is manifold because it creates
brand loyals and customer loyalty.
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Customer satisfaction not only to create loyalty among the customers but it increases the
goodwill of the company by uplifting the market value of the brand.
when do buy and how do they buy?, it examines the taste, preferences and the attitude of the
customers. Mostly it tends to become qualitative motivational research of customer behavior.
Here, the self concept, ego, personality and life style of the consumers are studied. There is an
attempt to study beliefs, opinions of the customers.
By conducting such researches the company can minimize its defects in the field of production
and can deliver high quality of services in relation to its competitors. Such researches can be
carried by conducting surveys through interviews and questionnaire methods. These
questionnaire methods form a path of getting the customers positive and negative feedback. The
company can then respond to feedback and can retain the existing customers as well preventing
them from shifting to other brands.
A customer complaint could be the insight you have been seeking to learn why a certain product
isn't moving. It can also be an indicator of personnel problems. If a customer mentions that an
item does not work properly, you can research and try to recreate the problem, potentially
finding a fix that will increase sales. A customer's complaint about an employee's lack of
knowledge may reveal a need for more extensive training, while a grievance about poor
customer service provides the chance to address it with your staff.
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Why measure the Customer Satisfaction?
It is important to consistently measure and monitor that input. Without an effective customer
satisfaction research program in place, the company will be losing business, missing
opportunities, and putting itself at a competitive disadvantage. In order to measure the customer
satisfaction a Customer Satisfaction Survey has to be carried out. A closer look at how to
formulate survey questions.
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*Speed. The Internet offers instantaneous distribution of survey and real-time accumulation and
tabulation of results. This allows for immediate data analysis, even while the survey is still in
progress. The faster responses arrive, the faster they can be addressed. In contrast, mail surveys
suffer from long lag times and low response rates.
*Candor. This is essential for research on sensitive subject matter where studies indicate people
are more likely to answer questions honestly on the Web than they are on the phone or in
personal interviews, Such responses provide insight into what a company is doing well and
frequently provide warning signs about the health of the business relationship.
*Cost. The Internet eliminates postage and telephone costs as well as basic materials like paper,
staples, envelopes, and printing. Because it is self-directed, there is no interviewer cost. Finally,
it„s more convenient.
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Promotional activities done by Reliance trends for driving more customers
into the store:
Reliance trends is doing different types of promotional activities with a main aim of bringing in
more customers into the stores.
Reliance is focusing on attracting customers through different types of walkin driven activities,
some of the activities done by Reliance trends in the past 2 years are as below.
Media plan
Leaflets distribution & balloon distribution
Guess the price challenge
Event plans
Trend stylish
Seasonal offers
Sponsoring college fests and corporate launches.
1. Media plan:
Print media
Social media
Radio
Cinema
Outdoor communication
Print media:
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Amity Global Business School, Bangalore
Reliance trends is using the print media as one of its promotional activities, Reliance spends lot
of money in printing its advertisements in the most major news dailies. The advertisements will
be printed mostly on the weekends (Fridays, Saturdays and Sundays) in such a way that the
advertisements will grab the reader‟s attention and making them to come into the stores, which
will not only increase the footfall of the store but also increase the revenue by attracting the
people to make a purchase.
Social media:
With the ever increasing usage of internet in the country, most of the population using the social
networking sites such as Face book, twitter.
Reliance is having its own brand pages and groups in the face book, with the help of which
Reliance is doing some campaigns in the social networking sites for promoting its brands, new
offers and creating brand awareness to the people.
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Radio:
Reliance trends is having its own radio channel called Radio trends which will announce the
offers in the stores all the time, making the customers who enter the store to know about all the
offers.
Other than its own radio channel Reliance trends is using some other radio channels for its
promotions. In the radio channels like Radio mirchi, Big fm, radio city, radio one, indigo etc..
Reliance is announcing its advertisements in a very high frequency in the major cities where
there are Reliance trends stores with a main aim of bringing more customers into the stores.
Cinema:
Reliance trends is using cinema plan as one of its promotional activities, they are selecting the
best multiplexes and single screen theatres in the catchment areas where the multiplexes and the
single screen theatres are popular and more people will be visiting these multiplexes.
Cinema plan is being used in the most major cities like Delhi, Mumbai, Hyderabad, Chennai,
Bangalore and these ads will be given mostly on the weekends (Fridays, Saturdays and Sundays).
Reliance will never give its ads in televisions, viewers may change the channels at the time of
advertisements so we cannot measure the usefulness of the television ads. But the viewers have
to watch the advertisements in the cinemas and the multiplexs as the ads will be given before the
start of the films and in the breaks.
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Outdoor communication:
Reliance trends is using banners and hoardings as the outdoor communication. Reliance is
placing the attractive banners and hoardings with its offers in the best catchment locations where
the flow of population was very high.
Reliance trends also uses cluster hoardings in the key traffic junctions in the main cities in the
way it will dominate the location and catch the attention of the people who are passing by the
way.
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2. Leaflets and balloons distribution:
Reliance use to hire some guys for distributing the leaflets and balloons in the selected catchment
areas. They will do this mostly on weekends and at the time of special offers. This leaflets
distribution is basically for increasing the footfall to the store and thereby converting the people
who enter the store into the final customers. I have observed that many people who have taken
the leaflets have entered into the stores.
Reliance trends will hire two or three volunteers for engaging the crowd in the places where this
activity is being conducted.
The volunteers will find the well dressed and good looking people, give them a chance to guess
the price of the merchandise. If they guess the price correctly they will be given with some
discount coupon.
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Almost everyone who get the discount coupon will enter into the stores and try some apparels in
the stores.
It will drive more walkins into the store and makes them to do a purchase as well.
4. Events paln:
Reliance use to hire some events organizing companies and they will do different types of events
for attracting the customers to come into the stores.
Puzzle game
A board with Reliance trends logo will be placed on a stand at the store &
some portions of the reliance trends logo will be removed, customers have to find the
missing portions of the logo.
The same portion which have been removed from the logo will be distributed in the store
catchments in large numbers by promoters asking customers to participate for Puzzle
game at Reliance trends outlet to win surprise gifts.
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Amity Global Business School, Bangalore
Scratch and win
Promoters will be holding bunch of balloons at the catchments & asking customers to
pick any one of those bunch of balloons and break it.
After breaking the balloons customers will get a scratch card which make them to get
assured discount of 10% to 20%.
Customers will visit the store, and shop for some amount to redeem the free discounts.
This will make more customers come into the store as they were getting free discounts.
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Get clicked with your loved ones
Promoters will go to catchments ask the customers to get clicked with loved one & get a
instant photo along with coupons.
A stage will be kept in the store to click the customers.
Promoters & printing machines will be kept to give instant photograph to customers.
This will attract more customers to enter into the stores as they were getting the
photograph for free of cost.
Customers will also be given with a additional discount voucher which will allow
customers to try some apparels inside the store.
5. Trend stylish:
Reliance will hire 2 or 3 volunteers for engaging the crowd in the malls and the
catchment locations.
The volunteers will find out the well dressed, good walking, good looking person and
stylish person and immediately will give that person discount voucher and announce
them as the Trends Stylish by announcing them as Trends Stylish.
All the people who got the discount voucher will come back to the stores to redeem the
coupons.
6. Seasonal offers:
Reliance will also do more promotions for the seasonal festivals like children day, Fathers day,
Valantines day, Mothers day, Independence Day etc with different types of discounts and offers
related to that specific day of festival for bringing in more customers into the stores.
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7. Sponsoring college fests and corporate launches
Reliance trends also concentrating on sponsoring the college fests and the corporate launches.
Reliance believe that the sponsoring to college fests and the corporate launches will bring more
customers into the stores, increases the footfall.
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RESEARCH
METHODOLOGY
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Amity Global Business School, Bangalore
Title of the project:
Objectives:
Meaning
Research Methodology is a set of various methods to be followed to find out
various information‟s regarding market strata of different products. Research
Methodology is required in every industry for acquiring knowledge of their
products.
Area of study
The study is exclusively done in the area of marketing. It is a process requiring care,
sophistication, experience, business judgment, and imagination for which there can be
no mechanical substitutes.
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Sources of Data
Prima ry Source- The primary data was collected by means of a survey. Q uestionnaires were
prepared and customers of the Reliance trends at two branches were approached to fill up the
questionnaires. The questionnaire contains 15 questions which reflect on the type and quality
of services provided by the Reliance trends to the customers. The response o f the customer is
recorded on a grade scale of strongly disagree, disagree, uncertain, agree and strongly agree
for some questions. The filled up information was later analyzed to obtain the required
interpretation and the findings.
RESEARCH DESIGN
The research design is exploratory till identification of customer services parameters. Later it
becomes descriptive when it comes to evaluating customer perception of customer service of the
Reliance trends.
Descriptive research, also known as statistical research, describes data and characteristics
about the population or phenomenon being studied. Descriptive research answers the
questions who, what, where, when and how.
Although the data description is factual, accurate and systematic, the research cannot describe
what caused a situation. Thus, descriptive research cannot be used to create a causal
relationship, where one variable affects another. In other words, descriptive research can be said
to have a low requirement for internal validity.
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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.
Qualitative research often has the aim of description and researchers may follow-up with
examinations of why the observations exist and what the implications of the findings are.
RESEARCH SAMPLE
SAMPLING PLAN :
Since it is not possible to study whole universe, it becomes necessary to take sample from the
universe to know about its characteristics.
SAMPLE SIZE:
The work is a case of Reliance trends one of the Retail Sector industry together representing
great per cent of the market share of Indian retail sector. The survey was conducted in the city
of Bangalore with two branches of Reliance trends, with 50 customers as respo ndent.
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DATA COLLECTION TOOL
Data is collected from various customers through personal interaction. Some other information
is collected through secondary data also. Data was collected through a structured
questionnaire, likert technique is used. Likert scale is simply a statement which the respondent
is asked to evaluate according to any kind of subjective or objective criteria, generally the level
of agreement and disagreement is measured.
The questionnaire consists of two parts. The first part consists of three questions concerning the
demographic information of the respondent such as the name, age, occupation and gender. The
second part consisting of respondent‟s perception about the customer services of Reliance
trends and competitors analysis.
RESEARCH LIMITATIONS
The study is only for the Reliance trends co nfined to a particular location and a very
small sample of respondents. Hence the findings cannot be treated as representative of the
entire retail industry.
Respondents may give biased answers for the required data. Some of the respondents
did not like to respond.
Respondents tried to escape some statements by simply answering “neither agree nor
disagree” to most of the statements. This was one of the most important limitation faced, as
it was difficult to analyse and come at a right conclusion.
In our study we have included 50 customers because of time limit.
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Data analysis
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1. Gender
male 28 56.0
female 22 44.0
Total 50 100.0
male
female
Analysis:
From the above table and the pie graph it is clearly observed that the number of males entering
into the reliance trends stores are more when compared to that of females. But from the taken
sample of 50 respondents, the number is quite same.
Interpretation:
From the taken sample of 50 respondents the number of males is higher than the number of
females but the number is quite same, so reliance should not neglect on any gender as both are
entering into the stores in almost same numbers.
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2. Age group
20-30 34 68.0
30-40 10 20.0
above 40 6 12.0
Total 50 100.0
Analysis:
From the above figure and the table it is clearly observed that most of the people entering into
the reliance trends store belong to the age group of 20-30 years.
Interpretation:
As it is clear that the people of age group between 20-30 years are visiting the stores mostly. So
reliance trends have to concentrate on attracting more people of this group. All the promotions
should be done in the way to influence the people of this age group to come into stores. Also
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people of this age group will follow the fashion trends, and Reliance trends stands itself as
India‟s Largest Fashion Destination.
3. Occupation:
student 22 44.0
Business 6 12.0
House wife 5 10.0
Total 50 100.0
Analysis:
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From the above bar graph it is very clear that most of the people who were entering the store are
students and next to students is working professionals, followed by the business people and
House wives.
Interpretation:
Reliance was getting its targets customers and it has to concentrate more on doing different
types of promotions for attracting the remaining classes of customers.
Weekly 4 8.0
Monthly 14 28.0
Total 50 100.0
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Analysis:
From the above graph it is observed that 38% people entering the stores at the time of special
offers , 28% people are coming to reliance trends stores monthly and 26% are coming whenever
they need and just 8% people were coming into the stores on weekly basis.
Interpretation:
Most of the people coming into the stores during special offers and some are coming monthly
and when ever need arises for them. So, Reliance have to concentrate on maintaining the
relationship with the customers in such a way that it should retain its customers
5. Are you happy with the location of reliance trends stores in the city
yes 45 90.0
no 5 10.0
Total 50 100.0
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Analysis:
From the above figure it was clear that maximum people 90% feel that they were happy with the
location of the stores in the city and remaining 10% were not happy with the location.
Interpretation:
It was clear that maximum of the respondents have told that reliance trends stores were located
at the perfect locations in the city Reliance trends can concentrate on bringing more customers
into the stores as they were located in the right locations in the city.
agree 33 66.0
disagree 3 6.0
Total 50 100.0
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Analysis: From the above table and figure it is clear that 66% of people agreed that staff greeted
them and offered to help them, 28% have strongly agreed, only 6% were disagree.
Interpretation: From the total of 50 respondents no one has given the response as strongly
disagree and very less have given disagree so, it is very good that no one have negative response
regarding this. So reliance trends can concentrate on training the employees in a better way for
assisting different types of customers, employees must be made to communicate in the language
which was understandable to the customers.
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7. Staff was available in a timely manner.
agree 31 62.0
disagree 8 16.0
Total 50 100.0
Analysis: More than 60% of the respondents agreed that staff was available to assist them in
timely manner and 22% of respondents have strongly agreed and just 16% of respondents
disagreed.
Interpretation:
From the above data it is clearly understood that very few customers feel that staff was not
available in timely manner and the maximum of the respondents feel that staff was available.
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8. Do the store provides convenient parking for customers.
yes 33 66.0
no 17 34.0
Total 50 100.0
Analysis: 66% of the respondents feel that they have convenient parking space and 34% of
respondents feel they don‟t have convenient parking space.
Interpretation:
Almost all the reliance trends store are having enough parking space but some people are feeling
that they don‟t have convenient parking. This may be because parking vehicles in the parking
space is not properly managed. it the parking space is not available for customers there may be
chance that they may get negative impression on entire Reliance trends.
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9. How did you come to know about reliance trends.
newspapers 8 16.0
leaflets 9 18.0
Total 50 100.0
18
16
14
12
10
8
Series1
6
4
2
0
newspapers leaflets banners and friends and
hoardings relativfes
Analysis:
From the above data it was clearly observed that 34% of people came to know about reliance
trends through their friends and relatives and 32 % of people through banners and hoardings,
through leaflets is 18% and through newspaper advertisement is 16%.
Interpretation:
Reliance trends is getting mouth publicity with out any cost to company, many customers came
to know about reliance trends from their friends and relatives. Branners and hoardings also helps
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reliance trends to bring customers. We cannot neglect the number of customers coming by seeing
the advertisements in news papers and by receiving pamphlets, they both confine a total of 34%.
So we can concentrate on doing these activities more effectively
yes 44 88.0
no 6 12.0
Total 50 100.0
Analysis:
From the above figure it is clear that maximum of the respondents feel that they would like to
visit reliance trends store again.
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Amity Global Business School, Bangalore
88% of respondents like to visit again and only 12% of respondents didn‟t like to visit again.
Interpretation:
From the above analysis it can be observed that almost all the customers entering into the store
like to visit the store again. Reliance have to maintain a better relationship with the customers for
making them to come into reliance trends stores again and again by training the employees for
assisting customers.
11. Would you like to recommend reliance trends to your friends and family?
yes 43 86.0
no 7 14.0
Total 50 100.0
45
40
35
30
25 Series1
20
15
10
5
0
yes no
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Analysis:
86% of respondents said that they would like to recommend reliance trends to their friends and relatives,
only 14 % said that they would not like to recommend reliance trends.
Interpretation:
It is very good for reliance trends that 86% of people who are coming into store like to visit the store
again and also they would like to recommend reliance trends to others. So reliance trends can concentrate
on the remaining people who are not likely to recommend reliance trends to others by assisting them in
providing what they want.
12. The offers available in the store are good value for money.
agree 35 70.0
disagree 6 12.0
Total 50 100.0
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Analysis:
From the above data table it is clear that 70% of respondents feel that the merchandise offered by reliance
trends was good values for money and 14% feel that they strongly agree and only 12% of respondents
disagree and 4% strongly disagree.
Interpretation:
84% feel that the offers available in the store are good value for money. So maximum people find the
pricing and offers in the reliance trends stores was good.
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13. where do you usually shop for if not reliance trends.
max 13 26.0
brandfactory 12 24.0
pantaloons 7 14.0
others 4 8.0
Total 50 100.0
14
12
10
8
6
4 Series1
2
0
Analysis:
From the above data it is observed that 26% prefer shopping in max, 24% prefer to shop in brand
factory, 16% in Mega mart, 14% in pantaloons, 12% in lifestyle and 8% in other types of retail
apparel stores.
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Interpretation:
From the above analysis it is very clear that we can consider Max and Brand factory as the close
competitors of Reliance trends, Megamart and Pantaloons are also considered as the competitors.
So, Reliance trends can concentrate on doing promotions better than its competitors for attracting
more customers.
14. How do you rate your experience in Reliance trends with regard to
a)Customer service
excellent 7 14.0
good 31 62.0
average 12 24.0
Total 50 100.0
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Analysis:
From the total respondents of 50, 62% feel that customer service at reliance trends was good,
24% of respondents feel it is average and 14% of respondents feel that it is excellent.
Interpretation:
From the analysis we can understand that no one customer from respondents feel that customer
service at reliance trends is poor. Maximum of the respondents feel that customer service at
reliance trends is good. Reliance trends can do better customer service for satisfying the
remaining customers who feel it is not good.
b) Easy navigation
excellent 3 6.0
good 30 60.0
average 17 34.0
Total 50 100.0
Analysis:
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From the data it is clear that 60% of respondents feel that easy navigation in the store is good,
34% feel that it is average and 6% feel it is excellent.
Interpretation:
From the analysis it can be interpreted that 60% of respondents feel that they can move all
around the store to find what they want. No one customer responded that easy navigation in the
store is poor but very less number of customers feel that easy navigation in the store is excellent
so, Reliance trends can arrange the store in such a way that it can allow the customers to movw
around the store in finding what they want.
c) Visual Merchandising
excellent 2 4.0
good 30 60.0
average 18 36.0
Total 50 100.0
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Analysis: From the data it can be clearly observed that the 60% of respondents feel that visual
merchandising is good and 36% feel it is average and just 4% of respondents feel that it is
excellent.
Interpretation:
From that analysis it can interpreted that 60% of respondents feel that the visual merchandising
in reliance trends is good and it attracts them to come into the store and try the merchandise.
So, for the remaining customers who feel visual merchandising is no so nice in Reliance trends,
it can improve on arranging their merchandise in an attractive way which will bring in more
customers.
good 22 44.0
average 25 50.0
fair 3 6.0
Total 50 100.0
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Analysis:
From the above data it can be observed that 50% of respondents feel that their Billing experience
in reliance trends is average. 44% of respondents feel it is good and 6% feel it is fair.
Interpretation:
It can be interpreted that not even half of the respondents feel that their billing experience in
reliance trends is good and 50% of people feel it is average. So, it can be clearly observed that
there was negative impression on the billing. Reliance trends can increase the number of billing
counters in the store and keeping the experienced staff for doing the faster billing and to reduce
the waiting time for customers.
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FINDINGS AND
RECOMMENDATIONS
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Summary of Findings
Customers cannot find the T-shirts in sizes small and medium. very few sizes T-shirts
available in the sizes small and medium.
Most of the customers were looking for more well known brands, where Reliance trends
concentrating on their own private lables.
Staff were busy doing the arrangement of merchandise in the opening hours(11am-2pm),
very few staff available to help customers on weekdays.
Customers are not being asked by the staff to fill in different types of promo offer
applications like Try and fly.
A feedback book was kept near the billing counter, but very less customers were writing
in the feedback book.
All the merchandise was not arranged according to their sizes.
Employees were not well trained in assisting the customers.
Some types of works like rebranding the different stalls in the store, electric works
happening in the store in the working hours creating disturbance to the customers.
Many customers feel that extra charge for carry bags have to be winded.
Customers in the kids section feel that the collections for kids have to be increased.
Some customers in the kids section said that the bottom wear for kids have to be more
colourful but the kids bottom wear in the store are plain colours, all are almost similar
models.
Some customers are asking for the footwear. Reliance was loosing some customers who
were coming into the store for buying the footwear.
Alteration time have to be reduced. Many customers are waiting in the store for
alteration.
Reliance was spending lot of money on promotional activities, but monitoring of
promotional activities was very less.
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RECOMMENDATIONS
All the sizes must be made available in the stores. So Reliance will not lose out some
customers.
More popular brands have to be kept in the store, more customers were asking for that
brands.
Staff have to be made available for assisting the customers in the opening hours of the
store.
Customers must be asked by the staff to fill applications related to different offers in the
stores.
All the customers must be asked to write their feedback in the feedback book which was
kept near the billing section.
All the merchandise in the store must be arranged according to the sizes. So that
customers can find their sizes very easily.
Staff must be well trained in assisting the customers and talking well with the customers.
All types of works which were happening in the stores have to be done before or after the
working hours of the store.
Carry bags can be provided to the customers at free of cost for those who shop for more
than Rs 1000 or above.
Collections in the kids wear section can be increased.
Alteration time can be reduced by hiring additional tailors or by doing the work fastly. So
that customers waiting time for the alteration can be reduced.
Promotional activities or marketing activities have to be monitored properly. So that they
can help Reliance trends to get more customers.
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CONCLUSION
From the above findings the following are the conclusion on customer satisfaction with regards
to Reliance Trends. From the study we conclude that all the customers are not fully satisfied
with not only Reliance Trends but also with the remaining competitors of reliance trends,
customers are finding some faults with every apparel stores.
The customers entering into the store are happy with the offers available in the store that the
offers are good value for their money. But from my observation i can conclude that Relaince
trends was spending lot of money for different types of marketing and promotional activities for
driving more customers into the stores, but Reliance was not concentrating on converting the
people who entered the store into a final customers.
After conducting a thorough survey and research on Reliance Trends it is observed that it has
been perceived as a good brand. It has good customer loyalty and also attracts a large number of
new customers. It also offers its customer a unique shopping experience a few brands can offer.
It also got an advantage of its locations situated in commercial locations. There are a good
number of Reliance Trends stores located across the city which makes it easy for customers to
access the store. Customers seemed to be happy when it came to the layout of the store, the
merchandise, and cleanliness of the store, ambience, etc.
Consumers have high expectations from Reliance Trends regarding pricing; they expect good
collection of clothes at much cheaper price. A lot of awareness programs may help in getting
better footfalls.
The future for Reliance Trends indeed seems to be bright and it should continue to do well as
seems apparent from the response of the customers.
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BIBILOGRAPHY:
www.ril.com
www.wikipedia.com
http://www.ibef.org/industry/retail-india.aspx
https://www.facebook.com/RelianceTrends
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ANNEXURE
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ANNEXURE
2. Are you happy with the location of Reliance trends stores in the city .
(a)Yes (b) No
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8.Would you like to recommend reliance trends to your friends or family
(a)yes (b)no
If no Please specify reason ____________________________
9.The offers available in the store are good value for money.
(a)Strongly agree (b) Agree (c) Strongly disagree (d) Disagree
10.where do you usually shop for if not reliance trends. please mention here
__________________________________________________________________
12.Any suggestions or comments on how trends can give you a better shopping experience.
_____________________________________________________________________________________
_____________________________________________________________________________________
__________________________________________________________
Thank you
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