Vijaya
Vijaya
Vijaya
Research in common man’s language refers to a search for knowledge. One canalso define research as a
scientific and systematic search for pertinent information ona specific topicr in fact research is an art of
scientific investigation
Research is done to gain familiarity with a phenomenon event / product / service or to determine
the frequency with which something occursr with which is associated with something else or to
test a hypothesis of casual relationship between variables.
In short customer perception research is the objective and formal process of systematically obtainingr
analyzing and interpreting the data for actionable decision making in customer perception towards an
organization ( Alice bazaar in my study )
The basic objective of this study is to analyze the customer perception towards Alice bazaar
in Thiruninravurr Thiruvallur district Tamilnadu . Research was carried out for Thiruninravur customers
who were main targets for this study. Customers were asked about their perception towards Aline
bazaar
CHAPTERS TOPIC PAGE NO
INTRODUCTION
78 -
80
CHAPTER 5 FINDINGS
SUGGESTIONS
QUESTIONNAIRE
CHAPTER
1
INTRODUCTION
NEED & IMPORTENCE
OBJECTIVES
RESEARCH METHODOLOGY
SCOPE OF THE STUDY
INTRODUCTION:
Marketing is the moving and exciting activity in everybody activities. The sellersr
distributorsr advertising agenciesr consultantsr transportersr financersr store agencies and every
one as a counter are part of the marketing system. Any exchange process be it consumerr
goodsr intermediary goodsr services of ideasr comes under the preview of marketing. It is very often
regarded that the development of markets and marketing is synonymous with the economic
development of account. Through marketing is an action discipline. In the ever-growing corporate
worldr marketing is being regarded as a crucial element for the success of an Enterprise.
The marketing discipline is undergoing fresh re aparisal in the light of the vast globalr
technologicalr economic and social challenges facing today’s companies and countries. Marketing
at its best is about value creation and raising the world’s living standards. Today’s winning
companies are those who succeed most in satisfyingr indeed delighting their target customers.
Philip Kotler has therefore defined marketing as “it is a social and managerial process by
which individuals andgroups obtain what they need and want through creatingr offering and
exchanging products of values with others”. Many Indian companies espouse a satisfied customer
philosophy and describe marketing as customer-satisfaction engineering. Since the economy in this
country has changed from a primary condition of scarcity to gradual and steady stage of
affluencer largely giving consumers the opportunity to choose among many varied alternativesr
satisfaction has become a major concern of business.
INTRODUTION TO CONSUMER BEHAVIOR :
One thing that we have in common is that we all are consumers. In fact everybody in
this world is a consumer. Every day of our life we are buying and consuming an incredible
variety of goods and services. Howeverr we all have different tastesr likesr dislikesr and adopt
different behavior patterns while making purchase decisions.
The term consumer behavior refers to the behavior that consumers display in
searching for purchasing using evaluation and disposing in searching for purchasing using
evaluating and disposing of products and services that they exact will satisfy o how individuals make
decisions to send their available resources (timer money and effort) on consumption related
items. It includes the study of “What theybuy”r ”Why they buy”r “When they buy it”r “Where they
buy it”r “how often they buy it” and “how often they use.
DEFINITIONS :
Consumer Behavior (or Buyer Behavior) is broadly defined by various scholars & researchers
as:
1. It’s the behavior displayed by the consumers during the acquisitionr consumption and
disposition of productsr servicesr time and ideas by decision making units.
3. The behavior that the consumers display in searching forr purchasingr usingr
evaluating and disposing of products and services that they expect will satisfy their
needs.
4. The process and activities people engage in when searching forr selectingr purchasingr
usingr evaluatingr and disposing of products and services so as to satisfy their needs and
desires.
5. The activities directly involved in obtainingr consumingr and disposing of products and
servicesrincluding the decision processes that precede and follow these actions.
1. The American Marketing Association (AMA) defines consumer behavior as “The dynamic
interactionof cognitionr behavior & environmental events by which human beings conduct the
exchange aspect of their live
The term consumer behavior refers to the behavior that consumer display in searching
for purchasingr usingr evaluating and disposing of products and services that they expect will
satisfy these needs. The study of consumer behavior in the study of how individuals make decisions
to spend their available resources (timer moneyr effort) on consumption related items. It includes
the study of “whatthey buy”r “why they buy”r “when they buy”r “where they buy”r “how often they buy”
and “how they use”.
Marketing
Cultural Factors
Social Factors
CULTURE: is the most fundamental determinant of a persons wants and behavior like set of
valuesr perceptionsr preferences and behaviors through his or her family member.
society which are hierarchically ordered and whose members shares similar Valuesr interest and
behavior and social classes includes upper classr middle class and lower class.
SOCIAL FACTORS :
PSYCHOLOGICAL :
MOTIVATION : A person has many needs at any given time. Some needs are biogenic.
They arise frompsychological states of tension such as hungerr tryst and discomfort
Consumer behavior plays a major role for the growth of the company in
the modern market scenario. The basic idea of this study is to find the consumer behavior
towards Big Bazaar. The needs have to be recognized and necessary steps have to be taken
to make the changes.
India is growing rapidly and changes are dynamic. People are changingr the preference
and the demand is changing. The market also has to change accordingly.
The purpose of consumer behavior is not only for retaining the customers but also
attracting new customers and increasing the sales also creating and maintenance of brand
awareness.
In this competitive market the level of consumer satisfaction decides the success of any
productand any company. The night consumers have to be targeted and the right
strategy should be implemented at the right time. This will give the desired results.
OBJECTIVES OF THE STUDY :
The main objective is to determine the current consumer behavior levels of the customers with
regards to Big Bazaar.
To assess the behavior level of different type of customers shopping at Alice Bazaar.
To identify what type of strategies are suitable for the company to reach the
targetedcustomers.
To find out the factors which influence the consumption of the products in Alice Bazaar.
To find out how the consumers spent their incomesr time on the purchasing of the products.
RESEARCH METHODOLOG
The survey technique is intended to secure one or more items of information from a sample of respondents
who are representatives of a larger group. The information is recorded on a form known as questionnaire.
As data are gathered by asking questions from persons who are believed to have desired informationr the
method is known as questionnaire technique
TYPES OF RESEARCH
1. Exploratory Researchr
2. Descriptive Research.
EXPLORATORY RESEARCH :
Exploratory research studies are also termed as formulate research studies. The main purpose of such
studies in that of formulating a problem for more precise investigation or of developing the working hypothesis
forms an operational point of view.
DESCRIPTIVE RESEARCH :
Diagnostic Research studies determine the frequency with something occurs or its association
withsomething else.
2. DIRECT INTERVIEWING : Direct interviewing involved the process where I asked the
questions directly to the customers and I got the feedback.
SECONDARY DATA :
Secondary sources are the other important sources through which the data was collected.
These are the readily available sources of the data where one had need not put much effort to
collectedr because it is already been collected and part in an elderly manner by some
researcherr experts and special.
PERIOD OF STUDY :
The study is undertaken in the duration of 34 days.
RESEARCH APPROCH :
The survey method was adopted for collected the primary data. Survey research is
systematic gathering of data from respondent through questionnaire.
RESEARCH INSTRUMENT :
The data for this research study was collected by survey technic using interview methodguided
by questionnaire.
COLLECTION OF DATA :
Questionnaire and personal interviews are the methods that I have used for collecting
the data
LIMITATIONS :
Time has been a major constraint throughout the study as it has been only
for duration of 10days.
Enough care is taken in formulating the questionnairer still some errors may creep
The project is based on the interview methodology by a stured questionnaire and the
jpersonalskills of the person undertaking the project affect the results.
CHAPTER 2
REVIEW OF LITERATURE
REVIEW OF LITARATURE / CONSUMER BEHAVIOUR :
WHAT IS CONSUMER BEHAVIOR ?
Activities people involved in when selectingr purchasingr and using products so as to satisfy needs
and desires. Consumer behavior involves the psychological process that consumers go
through in recognizing needsr finding ways to solve these needsr making purchase decision (e.g.r
whether or not to purchase a product andr if sor which brand and where)r interpret informationr make
plansr and implement these plans (e.g.r by engaging in comparison shopping or actually purchasing a
products).
Problem recognition – you realize that something is not as it should be. Perhapsr for exampler
your car is getting more difficult to start and is not accelerating well. Information search- what
are some alternative ways of solving the problem? You might buy a new carr buy a used carr
take your car in for repairr ride the busr ride a taxir or ride a skateboard to work.
decision
Advertisements
Evaluation of alternatives: A skateboard is inexpensiver but may be ill-suited for long distances
and for rainy days.
Purchase stager and sometimes a post-purchase stage (e.g.r you return a product to the
store because you did not find it satisfactory)r in realityr people may go back and fourth
between the stages. For exampler a person may resume alternative identification during while
evaluating already known alternatives.
The decision maker(s) have the power to determine issues such as:
Whether to buy ?
Which product to buy ?
Which brach to buy ?
Which to buy it ? And
When to buy
Noter howeverr that the role of the decision maker is separate from that of the purchaser.
the point of view of the marketerr this introduces some problems since the purchaser. can
decision maker. Also note that the distinction between ther purchaser and decision maker be somewhat
blurred the decision makermay have to make a substitution if the desired brand is not in stockr the
purchaser may disregard institutions (by error or deliberately).
Similarly the increased desire for “leisure time” has resulted in increased demand for
convenience product and service such as microwave ovensr ready meals and direct marketing
service businesses suchas telephone banking and insurance.
Each culture contains “sub-cultures” – groups of people with shared values. Sub-cultures can
include nationalitiesr religionsr racial groupsr or group of people sharing the same geographical
location. Sometimes a sub-culture will create a substantial and distinctive market segment of its
own.
INTRODUCTION : : A customer’s buying behavior is also influenced by social factorr such as the
group to which the customer belongs and social status. In a groupr several individuals may interact to
influence the purchase decision. The typical roles in such a group decision can be summarized as follows:
INITIATOR: : the people who first suggest or think the idea of buying a particular product or
service.
DECIDER: the individual with the power and/or financial authority to make the ultimate choice
regarding which product to buy.
SOCIAL FACTORS : A group of people with shared value systems based on common life experiences
and situations
GROUPS : Two or more people who interact or accomplish individual or mutual goals.
FAMILY : A family is a domestic group of peopler or a number of domestic groups linked through
descent(demonstrated or stipulated) from blood relationr marriage or adoption.
ROLES AND STATUS : A person belongs to many groups- familyr clubsr organisations. The
person’s position in each group can be defined in terms of both role and status.
PERSONAL FACTORS : A buyer’s decisions also are influenced by personal characteristics
such as the buyer’s age andlife cycle stager Occupationr economic situationr lifestyler and personality and
self-concept.
AGE AND LIFE – CYCLE STAGE : People change the goods and services they buy over
their lifetimes. Tastes and preferences changes as lift-cycle goes.
PERCONALLITY AND SELF CONCEPT A person’s distinguishing psychological
characteristics that lead to relatively consisting and lastingresponses to his or her own environment
PSYCHOLOGICAL FACTORS A person’s buying choices are further influenced by four major
psychological factors: motivationr perceptionr learningr and attitudes.
MOTIVATION A need that is sufficiently pressing to direct the person to seek satisfaction of
the need.
PERCEPTION The process by which people selectr organizer and interpret information to form a
meaningful picture of the world.
A descriptive thought that a person holds about something is his/her belief. A person’s
consistently favorable or in favourable evaluationsr feelingr and tendencies toward and object or
idea is attitude.
The common tools used to conduct data analysis range from simple cross
tabulations and segmentation analysis to more sophisticated statistical methods such as multivariate
and logistic regression discriminates analysis and cluster analysis. In the last few yearsr optimization
tools and machine learning algorithms such as neural networks and genetic algorithms have
also been used to perform advanced data analysis.
The study of consumers helps firms and organizations imjprove their marketing strategies by
understanding issues such as
The psychology of how consumers thinkr feelr rasonr and select between different
alternatives (e.g.r brandsr products);
The psychology of how the consumer is influenced by his or her environment (e.g.r culturer
familyr signsr media);
Understanding these issues helps us adapt our strategies by taking the consumer into
consideration. For exampler by understanding that a number of different messages
compete for our potential customers’ attentionr we learn that to be effectiver advertisements
must usually be repeated extensively. We also learn that consumers will sometimes be persuaded more
by logical argumentsr but at other times will be persuaded more by emotional or symbolic
appeals. By understanding the consumerr we will be able to make a more informed
decision as to which strategy to employ.
• Behavior occurs either for the individualr or in the context of a group(e.g.r friends influence what kinds
of cloothes a person wears) or an organization (people on the job make decisions as to which
products the firm should use).
• Consumer behavior involves the use and disposal of products as well as the study of how they are
purchased. Product use is often of great interest to
the marketerr because this may influence how a product is best positioned or how we
can encourage increased consumption. Since many environmental problems result from product
disposal (e.g.r motor oil being sent into sewage systems to save the recycling feer or garbage
piling up at landfills) this is also an area of interest.
COMPANY PROFILE
INDUSTRY PROFILE
Retail industry largest industryr accounting for are 10% of the country’s GDP and
around 8% of the employment retail industry in India is at the cross roads. It has emerged as
one of the most dynamic and fast paced industry with several players entering the marketr
but because of the heave intial investment required break even is difficult to achieve and
many of these players have not tasted success so far.
However the Alice is promising; the market is growingr government policies are becoming
more favorable and emerging technologies are facilitating operations. Retailing in India is
gradually inching its way towards becoming the next boom industry. The whole concept of
shopping has altered in terms of format and consumer buying behavior ushering in a revolution
in shopping in India.
SOMEKEY FACTORS
• RETAIL IS India’s largest industry accounting for over 10% of the country’s GDP and around 8%of
the employment.
• Retailing in India is gradually inching its way towards becoment the next boom industry.
GROWTH
DOMESTIC
PRODUCT
$973BILLION
CONSUMPTION SPENDING
UTILITY PAYMENT FEUL
TRANSPORTATION ELECTRICITY $350 BILLION
WATER COMMUNICATION
EXPENDITURE ON MEDICAL
FASHION
ACCESSROIES 5.5 %
$146
FASHING
ACCESSORIES.5.5%
FASHING $126
ACCESSORIES $2256
FASHING
ACCESSORIES.5.5%
$2256 FASHING
ACCESSORIES
FASHING $2256
ACCESSORIES.5.5% FASHING
$2256 ACCESORIES5.5%
$2256
COMPANY PROFILE
Alice Retail (India) Limitedr is leading retailer that operates multiple retai formats in both
the value and lifestyle segment of the Indian consumer market. Headquartered in Chennair
the company operates over 12 million square feet of retailr has over 10 stores across 27 cities
in India and employs over 30r00 people.
The company’s leading formats include Alicer a chain of fashion outletsr Alice Bazaarr
a uniquely Indian hypermarket chainr Alice Bazaarr a supermarket chainr blends the lookr touch
and feel of Alice bazaars with aspects of modern retail choicer convenience and quality and
centralr a chain of seamless destination malls. Some of its formats include brand factoryr blue
skyr all top 10 stars and sitara. The company also operates an online portalr
alicefamilybazaar.com.
A subsidiary companyr Home solutions Retail (India)limitedr operate Home Townr a large –
format home solutions storer collection Ir selling home furniture products and e-zone focused
on catering to the consumer electronics segment
AFBIL is a part of the Alice Groupr India’s largest retain conglomerate. FBIL is the e-
commerce arm of the Alice Group. The company was incorporated in 2006 and began business in
2007.
As part of India’s largest retail chainr we enjoy the benefits of buying in bulk for the entire
group. Out am is to get you a gret range of products at great prices.
get you a great range of products at great prices.
Core competency of the business… What makes us different from other…
• A choice of more than 20r000 products.
• Delivery across more than 50 cities and towns in India covering around 6r000 pin codes.
• Fast deliveries – tie ups with world leaders in logistics & transportation services
• Always offering Manufacturer’s guarantee as opposed to seller’s guaranteer which most of the other
online shopping sites offer.
• Aggressive prices :- AlicefamilyBazaar.com has the benefit of leveraging the sourcing network
of the Alice Group’s retail chains. This sourcing network straddles a wide range of product
requirementsr thus being able to offer us economies of scale thereby – unbelievable prices to it’s
customers.
We have more than 20r000 products which cratesthe flexibility to offer a large range of
choices to customers. We also have partnerships with most of the brands available in the countryr
which allows us to get the latest in the range to our customers. We have been able to create
some major popularity ripples with our corporate clients with products like mobilesr electronicsr laptopsr MP3
playersr T- shirtsr Gift Vouchers and so on.
SEAMLESS END-TO-END LOGISTICS SOLUTION:-
We pride ourselves in having built an end-to-end logistics solutionr right from stockingr
dispatchingr and delivery confirmation up to post-sales support. Our back-end infrastructure enables us to
service around 5r000 pin codes across India.
Alice Groupr led by its founder and Group CEOr Mr.Benjaminr is one of India’s leading
business houses with multiple business spanning across the consumption space. While retai forms the
core business activity of Alice Groupr group subsidiaries are present in consumer financer
capitalr insurancer leisure and entertainmentr brand developmentr retailr real estate developmentr retail media
and logistics.
Alice Group believes in developing strong insights on Indian consumers and building
businesses based on Indian ideasr as espoused in the group’s core value of ‘Indian ness’.
The groups corporate credo isr ‘Rewrite rulesr Retain values’ More about Alice Group.
THE ALICEF FAMILY AZAAR . COM “ PROMISE AS GIVE BY THE GENERAL MANAGER :
Alice family Bazaar sells only original products from authorized dealers; so all
applicable products carry the original manufacturer’s warranty. Customers can visit any
of the authorized service centers of the manufacturer if required. The invoice
accompanying the product is your warranty documentr so please preserve it.
Alicefamily bazaar guarantees to deliver the exact product you selectedr without
defects. In case you have received a different productr or if the product was damaged
in transitr please let us know and we will ensure that we replace the product or ensure
that your money is refunded. Please note that delivery times vary according to
products to products 95%of our deliveries take place with in the committed time period. For
the occasional delaysr we wil contact you and update you about the status.
Alicefamily bazaar guarantees to deliver the exact product you selectedr without
defects. In case you have received a different productr or if the product was damaged
in transitr please let us know and we will ensure that we replace the product or ensure
that your money is refunded. Please note that delivery times vary according to
products to products 95%of our deliveries take place with in the committed time period. For
the occasional delaysr we wil contact you and update you about the status.
We also have a Risk Management team that scrutinizes all payments to ensure that there are
no fraudulent transactions. Our office address is also available for anyone who wishes to
contact us in person. moreoverr being part of India’s largest retail company with a presence
all over Indiar we are omnipresent.
If you have purchased something at AlicefamilyBazaar.com ad the product did
not meet your expectations or does not fit your needsr then you can return the product to
usr no questions askedr as long as it is in its original packaging and accompanied by
its invoice. Just contact our Customer Care and we’ll arrange to pick up the product from
your home – simple.
Our Customer Care is manned by dedicated personnelr who can take decisions
and resolve your problems. They are empowered to solve your problems and are aware of the
processes and means to handle them. In case they cannot solve the problem at their endr they will
trigger the required action on your half or advise you the best possible method to a successful
fulfillment of allyour queries/issues. Be assured that when you call usr your call is being taken
seriously.
o Respect & Humility: To respect every individual and be humble in our conduct.
We shall ensure that our positive attituder sincerityr humilityand united determination
shall be the driving force to make us successful.
Sone Ki Chidiya
When the Mughals first came to India they were drawn by the lure of her
fabulous wealth – India was known as the “Sone Ki Chidiya”r literally –“ “The Golden Bird”.
According to economic historian Angus Maddison in his book the World Economy: A
Millennial Perspectiver India had the world’s largest economy in the 1 st century and 11
th century r with a 33% share of world GDP in the 1 st century and 29% in 1000 CE. During
1700 ADr Mughal erar India’s share was 24%r more than the whole of Western Europe. It came
down to 3.8% in 1950s. paul Kennedyr in this highly regardd bookr The Rise and Fall of the
Great Powers: Economic Change and Military conflict from 1500 to 2000 estimates that in 1750.
India’s share o the world trade was nearly 25 percent. It came down to 0.5% in the 1960s
and now stands at around 1..5%.
The Indian economy is once again at the centre of the global attention. As domestic
consumption drives economic growth in Indiar Future Group hopes to play a pivotal role in back the
Sone Ki Chidiya.
ALICE VENTURES:-
Alice Venturesr seeks to promote and participate in innovative and emerging business ventures
in India. The company intends to play a role in powering entrepreneurshipr by promoting
or participating in diverse business activitiesr primarily in “consumption-led” sectors in the
countryr which it defines as sectors whose growth and development will be determined primarily
by the growing purchasing power of Indian consumers and their changing tastesr lifestyle and
spending habits.
The company will also participate in businesses where it exercises control or influencer and can add
value as active shareholdersr by utilizing the experience and knowledge of the Alice Group.
The hypermarket began retailing products from big boys Nestle (Get Quote)r Unilever and
Procter & Gamble at consumer discounts of 20-30 percentr loweer than even Benjamin his Alice
Bazaar Stores.
Instead of chewing his nailsr Alice bazaar turmed confrontationistr asking why
the multinationals were offering Shoprite better pricesr even withdrawing Nestle products from his
stores when the company did not respond.
Two days later the Nestle products were backr but not before the company had
clarified its stance. Says Alice bazaarr “shoprite is involved in predatory pricing. There are rules
against this in every part of the world.”
But as a result of his tough stancer the three MNC’s have asked Shoprite to roll back
the offers or face withdrawal of suppliesr he says.
and he was proved right when the Mogappair Alice store became a raging success and alice stepped
on to the turf as a super retailer.
Other professionals have wondered where Alice bazaar picked up the tricks of the
retailingtrade. Some has learned from his own mistakesr he admits. Others he picked up from
the big boys of international retail.
“I read every book on Sam Waltonr Macy’sr Marks & Spencer and management gurus
like Tom Peters whose book ‘Reimagine’ impressed me.” Even now he reads a management book every
fortnight – Stephen Coveyr Robert Kaplanor James Collins.
But unusual as it might seemr he also made it a point to stay away from these
stores. The reason: “by going to a Wal-Mart or a Macy’sr you could get overwhelmed into
thinking that was the best model and stop learningr” he says.
Mr. COPILISHNAN, WHOLE TIME DIRECTOR
Gopikishan is a commerce graduate and has more than twenty years of
experience in thetextile business.
A chain of shopping malls in Indian currently with 7 outlets owned by Alice group.
Reflects the look and feel of Indian bazaars at their modern outlets.
Allover Indiar Alice Bazaar attracts a few thousands customers on any regular day.
FOUNDED – 1985
INDUSTRY – retail
INTERPRETATIONS
CONSUMER BEHAVIOR QUESTIONAIRE
Twice in a week 43 43
Once in every 15 days 15 15
Once in a month 12I 12
Total 100 100
INTERPRETATION:
From the above table we can conclude that the major numbers of respondent’s of 71% personal
Ho= There is relation between visits and goods bought in Alice Bazaar.
Ha = There is relation between no. of visits and goods bought in Alice Bazaar
ONCE IN WEEK 10 7 2 5 6 30
TWICE IN WEEK 5 18 7 12 1 43
ONCE IN 15 8 1 3 1 2 15
DAYS
ONCE IN 30 2 6 2 0 1 12
DAYS
25 33 14 18 10 100
X2= (f-f1)f1 = 24.9456
(r-1)(s-1) = 12
There fore the probability ‘P’ nvalue is 0.24 that is around 50% of probability correct to
the hypothesis.There fore it is said that there is no dependency in between the no of visits to
Alice Bazaar and the goods bought.
From the above study 25% of respondents from Food itemsr 33% of respondents from Clothesand 14%
of respondents from Electronics 18% of respondents from furniture and 10% others
Ho= There is relation between people who accompany and goods bought in Alice
Bazaar. Ha = There is relation between people who accompany and goods bought in Alice
Bazaar
. Caliculation of χ2 has been presented in the table
X2 = (f-f1)f1 =20.4779
INTERPRECTATION
From the study it is observed that 10% of respondents for Good satisfaction over productsr 78% of
respondents for Reasonable pricesr 12% of respondents for More offers.
Q8, HOW DO YOU RATE THE PRICING OF PRODUCTS AT ALICE BAZAAR ?
INTERPRETATION :
From the above study 09% of respondents from Expensiver 21% of respondents from
Competitive and 36% of respondents from Affordable 34% of respondents from Reasonable
CHI-SQUARE TEST :
The about analysis is also analysis with the chi- square test to find the
relationship beteen price of product
In alice bazaar and goods bought this led is as follow
Ho= There is relation between prices of the products in Alice Bazaar and goods bought in Alice Bazaar
. Ha = There is relation between prices of the products in Alice Bazaar and goods bought
X2 = (f-f1)f1 = 8.7773
The degree of freedom for the given
(R-1)(S-1) = 12
problem is (r-1)(s-1) = 12
There fore the probability ‘P’ value is 0.87 that is around 50% of probability correct to the
hypothesis. There fore it is said that there is no dependency between prices of products and
goods bought in big bazaar
INTERPRETATION :
From the above study 16% of respondents from Availability of adequate stockr
21% of respondents from Convenience of location and timingr and 36% of respondents from
offers and discountsr 27% of respondents from variety of products.
CHI-SQUARE TEST :
The above analysis is also analysed with the chi – square test to find the
dependency between preference to stop and goods . this test is as follow
Ho= There is relation between preference to shop and goods bought in Alice Bazaar.
Ha = There is relation between preference to shop and goods bought in Alice Bazaar
(f-f1)f1 = 21.7921
is (r-1)(s-1) = 12
There fore the probability ‘P’ value is 0.21 that is around 50% of probability correct to the hypothesis.
There fore it is said that there is no dependency between preference to shop and the goods
bought in Big Bazaar.
Q10 . WHAT MORE FACILITY WOULD YOU LIKE TO GET AT ALICE BAZAAR ?
From the data specifiedr 18% of customers are interested in membership cardr whereas 9% are
interested in parking offersr 20% are interested in lucky draw but more than half are interested
in discount card i.e.53% by this we can say that most of the customers prefers to having discount
cards at Alice Bazaar.
Q11. HOW OFTEN DO YOU ASK FOR ASSISTANCE FORM STORE STAFF IN SELECTING
YOU PURCHASE ?
From the above datar we decide that 22% of the customers take assistance from staff alwaysr
whereas 30% take help frequentlyr 40% have take assistance sometimesr and 8% will not depend on
others.
From t collected datar we can say that the manority of the customers take assistance from the
Q12. HOW IS YOUR OVERALL EXPERIENCE IN ALICE BAZAAR ?
particulars No. of respondents Percentage (%)
Excellent 63 63
Good 27 27
Poor 10 10
Total 100 100
INTERPRETATION:
From the above datar we decide that 63%of the customers overall experience in Alice
Bazaar is excellentr 27% of the customers overall experience is Good and only 10% of customers
overall experience is poor. From this we can decide that r the overall customer satisfaction level
is good
Q13. WOULD YOU VISIT ALICE BAZAAR AGAIN ?
INTERPRETATION:
From the above table we can conclude that the major numbers of respondents 85% of the
respondents say surer 12% of the respondents say May ber 3% of the respondents say Never.
From the above table we can conclude that the major numbers of respondents Yesr 85%r which
comprises of 15% of the No
Q15. HOW DO YOU SUGGEST TO ALICE BAZAAR MANAGEMANT TO MAKING PRESENT
ALICE BAZAAR TO MORE ATTRACTIVE ?
From the study it is observed that 45% of respondents for To maintain quality productsr
25% of respondents Reasonable Pricesr 10% of respondents in Every monthr 25% of respondents
for Giving more of offers and discountsr 5% respondents for convenience.
1. HIGHLY SATISFIED
2. SATISFIED
4. DISSATISFIED
5. HIGHLY DISSATIFIED
Element 1 2 3 4
s
1. Location ( ) ( ) ( ) ( )
2. Operating time ( ) ( ) ( ) ( )
3. Parking facility ( ) ( ) ( ) ( )
4. Cleanness of store ( ) ( ) ( ) (
6. Easy to locate ( ) ( ) ( ) ( )
product
7. Quality product ( ) ( ) ( ) ( )
8. promotion offers ( ) ( ) ( ) ( )
9. price fo the product ( ) ( ) ( ) ( )
11. flexibility in
payment
mode ( ) ( ) ( ) ( )
Highly satisfied 25 25
Satisfied 10 10
Neither satisfied nor dissatisfied 60 60
Dissatisfied 5 5
Highly dissatisfied 0 0
Total 100 100
INTERPRETATION:
From the above datar we decide that 25% of the customers satisfaction level is highly satisfied
on the basis of location of Alice Bazaarr 10% of the customers satisfaction level is satisfied on the basis
of location of Alice Bazaarr 60% of the customers satisfaction level is neither satisfied nor dissatisfiedr
5% of the customers satisfaction level is dissatisfied and in the customers no one’s satisfaction level
is highly dissatisfied.
2. OPERATING TIME :
INTERPRETATION:
From the data above specifiedr 10% of customers are highly satisfiedr 50% of the customers
are satisfiedr 27% of the customers are neither satisfied nor dissatisfied r 10% of the
customers are dissatisfied r 3% of the customers are highly dissatisfied on the basis of
operating time.
3.PARKING FACILITY :
INTERPRETATION:
From the data above specifiedr 30% of customers are highly satisfiedr 56% of the customers
are satisfiedr 6% of the customers are neither satisfied nor dissatisfied r 7% of the
customers are dissatisfied r 1% of the customers are highly dissatisfied on the basis of parking
facility.
6. SPACIOUS SHOP LOOR :
INTERPRETATION:
From the data above specifiedr 2% of customers are highly satisfiedr 80% of the
customers are satisfiedr 10% of the customers are neither satisfied nor dissatisfied r 8% of
the customers are dissatisfied r 0% of the customers are highly dissatisfied on the basis of
Quality of products.
7. QUALITY OF PRODUCTS:
INTERPRETATION:
From the data above specifiedr 2% of customers are highly satisfiedr 80% of the customers
are satisfiedr 10% of the customers are neither satisfied nor dissatisfied r 8% of the
customers are dissatisfied r 0% of the customers are highly dissatisfied on the basis of Quality
of products.
8. PROMOTION OFFERS :
INTERPRETATION:
From the data above specifiedr 20% of customers are highly satisfiedr 60% of the customers are
satisfiedr 18% of the customers are neither satisfied nor dissatisfied r 2% of the customers are
dissatisfied r 0% of the customers are highly dissatisfied on the basis of Promotion Offers.
9. PRICE OF THE PRODUCT :
INTERPRETATION:
From the data above specifiedr 4% of customers are highly satisfiedr 90% of the
customers are satisfiedr 3% of the customers are neither satisfied nor dissatisfied r 0% of
the customers are dissatisfied r 3% of the customers are highly dissatisfied on the basis of Price
of the product.
10. STAFF HELPULNESS :
INTERPRETATION:
From the data above specifiedr 52% of customers are highly satisfiedr 8% of the customers are
satisfiedr 25% of the customers are neither satisfied nor dissatisfied r 12% of the customers are
dissatisfied r 3% of the customers are highly dissatisfied on the basis of staff helpfulness.
11. FLEXEBILITY IN PAYMENT MODE:
INTERPRETATION:
From the data above specifiedr 10% of customers are highly satisfiedr 80% of the customers are satisfiedr
7% of the customers are neither satisfied nor dissatisfied r 3% of the customers are dissatisfied r 0% of
the customers are highly dissatisfied on the basis of Flexibility in Payment mode
12. RETURN OF VALUE FOR MONEY :
Satisfaction level No. of customers Percentage (%)
Highly satisfied 5 5
Satisfied 60 60
Neither satisfied nor dissatisfied 35 35
Dissatisfied 0 0
Highly dissatisfied 0 0
100 100
INTERPRETATION:
From the data above specifiedr 5% of customers are highly satisfiedr 60% of the customers are
satisfiedr 35% of the customers are neither satisfied nor dissatisfied r 0% of the customers are
dissatisfied r 0% of the customers are highly dissatisfied on the basis of Return of Value for Money.
CHAPTER -5
FINDING
SUGGESTION
FROM THE RESPONSES OF 100 CUSTOMER THE FINDINGS CAN BE LIKED AS :
As per the findingsr all are having the awareness of Alice Bazaar. We can say that Alice
Bazaar have good place in the minds of the customers.
As per the findings 60% of male customers are come to Alice Bazaar for shopping.
The customers who were mainly age guoup of 26- 45 years are shopping at Alice Bazaar.
It has been found that the Majority of the Respondents come to know about the
Alice Bazaar through Friends/Relatives References and Advertisements only. So we can say
that the word of mouth and advertisements are plays a very important role when
customers shopping at Alice Bazaar.
As per findingsr Majority of the Respondents are visits Alice Bazaar twice in a week. By
thisr we can say that most of the customers are coming to Alice Bazaar regularly.
As per findingsr Majority of the Respondents are purchasing for the Purpose of
Personal use/consumption only.
Most of customers are prefer to come to Alice Bazaar with friendsr and customers are
motivates by them at purchase.
Majority of the respondents are interested to visit Alice Bazaar when compare to other malls.
As per the findingsr majority of the customers choose the Alice Bazaar for
availability of products as well as reasonable prices.
Majority of the customers are rate for affordable pricing in Alice Bazaar.
As per findingsr most of the customers prefer to shop in Alice Bazaar for offers & discounts.
As per findingsr most of the respondents are taking assistance from the store staff
during purchase period. We can say that customers take assistance from store staff
when they shopping in Alice Bazaar.
As per the findingsr majority of the customers are satisfied with the value of their
money provided by Alice Bazaar.
As per findingsr most of the customer’s opinion is to revisit the Alice Bazaar.
As per findingsr Majority of the Respondents are recommended to others for shopping
in Alice Bazaar.
As per findingsr as much as 45% of the Respondents to suggest the Alice Bazaar to maintain
good quality in products.
RECOMMENDATIONS
An attempt has been made to suggest to the Alice Bazaar a few measures. These suggestions
have been made within the preview of the data available.
1) The company must go for some more promotional activities rather than TVr
advertisementr hoarding and news papers.
2) The company has to conduct the periodical meetings with customers and take their valuable
suggestions.
3) The company may adopt policy of discounts cards and gifts to customers while
purchasing theproducts.
4) Innovative efforts must be launched to improve the position through better marketing
strategies.
6) The store staff should be trained adequately so as to “convince” the Potential buyersr
because his performance on jobs has great impact on sale of a product.
7) Most of the customers belongs to age group of 17-35 years. Sor company has to
concentrate more on those people to enhance the sales.
8) Moreoverr the company has to concentrate more on the customers of age group of 28-57
years to enhance the sales.
CHAPTER -6
QUESTIONAIRE
BIBLIOGRAPHY
(The information furnished by the respondent is strictly for Academic purpose only)
Dear Respondentr as a part of researchr a survey is taken up to study the Consumer Behavior
towards the Alice Bazaar. Kindly provide the following information.
Name: Location:
Age: Occupation:
a) Advertisement
b) Colleagues references
c) Friends/relatives references
a) Once in a week
b) Twice in a week
d) Once in a month
b) To Gift
a) Food items
b) Clothes
c) Electronics
a) Family members
b) Spouse
c) Friends
d) Others
a) Alice bazaar
b) Spencer
c) City central
d) Smart store
b) Reasonable prices
c) More offers
d) Any others
Q8) How do you rate the pricing of products at Alice Bazaar?
a) Expensive
b) Competitive
c) Affordable
d) Reasonable
d) Variety of products
Q10) What more facility would you like to get at Alice Bazaar?
a) Membership Card
b) Discount Card
Q11) How often do you ask for Assistance from store staff in selecting your Purchase?
a) Almost Always
b) Frequently
c) Sometimes
d) Never
Q12) How is your overall experience in Alice Bazaar?
a) Excellent
b) Good
c) Poor
a) Sure
b) May be
c) Never
a) Yes
b) No
Q15) Howr do you suggest to Alice Bazaar management to making present Alice Bazaar to more
attractive?
b) Reasonable prices
d) Convenience
1) Highly satisfied
2) Satisfied
4) Dissatisfied
Element 1 2 3 4
s
1. Location ( ) ( ) ( ) ( )
2. Operating time ( ) ( ) ( ) ( )
3. Parking facility ( ) ( ) ( ) ( )
4. Cleanness of store ( ) ( ) ( ) (
5. Spacious shop floor ( ) ( ) ( ) ( )
6. Easy to locate product ( ) ( ) ( ) ( )
7. Quality product ( ) ( ) ( ) ( )
8. promotion offers ( ) ( ) ( ) ( )
10. ( )(
staff helpfulness ) ( ) ( )
mode ( ) ( ) ( ) ( )
money ( ) ( ) ( ) ( )
THANK YOU