A Project Report On Pantaloon
A Project Report On Pantaloon
A Project Report On Pantaloon
RESEARCH, BHOPAL
FINAL PROJECT
REPORT
ON PANTALOON
ANURAG SAHU
2007-2009
A PROJECT REPORT
On
SUBMITTED BY
ANURAG SAHU
MBA IV SEMESTER
2007-2009
PREFACE
Although I have tried my level best to prepare this report an error free report
every effort has been made to offer the most authenticate position with
accuracy.
ACKNOWLEDGEMENT
This Project has been made possible through the direct and indirect Co-
operation of various persons, who have inspired me at every step of my
work. It is a matter of pride for me to acknowledge my profound gratitude to
my respected Dean Dr. A. S. Khalsa who always facilitates me in gaining
practical knowledge.
And above all, I am beholden to my Parents and other family members for
their blessing and encouragement in completing this task.
ANURAG SAHU
DECLARATION
ANURAG SAHU
TABLE OF CONTENT
SERIAL CONTENTS PAGE
NO. NO.
1 Preface 4
2 Acknowledgements 5
3 Synopsis 6-10
4 Introduction 12-35
a. Industry Background
c. Milestone to Success
d..Company Introduction
5 Terms Of Reference 36
6 Methodology 37-39
7 Work Profile 40-65
c. Customer Entry
e. Denim Exchange 07
g. Eoss
Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple retail
formats in both the value and lifestyle segment of the Indian consumer marker, along
with some other big names such as RPG, Shopper’s Stop, Life Style, Westside, Ebony,
Piramyd etc.
The reason why I chose this sector is because as there are huge opportunities in this
sector in the coming years. India was not into retail before 10 years from now but now it
is very much into organized retailing. There is cut through competition in this field. Every
alternate day we hear of a new companies getting into Retail sector, where this makes
face the challenges that will come across while working in this sector.
I was in marketing along with Customer Loyalty Program. I felt that while doing out
marketing projects for the Pantaloon store I will have well expose & experience of this
field. I got to learn a lot about retailing, marketing in retail sector, knowing different
people, how exactly product reaches final consumer, how all theses things are decided
and how. This is the reason why Retail sector influences me the most. Since I was
involved into marketing for different event of the store where all the parameters has to be
Objective of the Retail store Marketing was to make customers aware about the
Sale offers during Denim Exchange and EOSS i.e. End Of Season Sale provided by
Pantaloon and also to achieve the Green Card target of Customer loyalty Program
during EOSS.
mind that they get extra privileges not only inside the store of Pantaloons, but also
outside the store and to make the Pantaloon Customer Loyalty Program more powerful
Tattoos Makers.
To make Green Card Members realize that they are Special customers for the
company.
INDUSTRY BACKGROUND
outlets, India probably has the highest density of retail outlets in the world,
with one for approximately every 90 persons; little wonder that the country
is the ninth-largest retail market in the world, with estimated annual retail
sales of around USD215 billion in 2005 (Rs 960,000 crore). At the same
time, the share of organised trade in this enormous market is currently very
small. It is estimated at just USD8 billion (Rs 35,000 crore) in 2005, up from
USD6.25 billion (Rs 28,000 crore) in 2004. This accounts for less than 4 per
Both countries are not homogeneous. They comprise many markets within a
across regions.
There is a significant rural population in both countries, which has much
Between 1996 and 2003, the organised retail market in China more than
doubled. We estimate that the Indian retail market is today at the same
similar per capita GDP and roughly similar rates of economic growth, the
Indian organised retail market has the potential for exponential growth over
organised trade:
Spend now vs. save earlier: consumers are willing to borrow for present
consumption.
that over the next 10 years, the total retail market in India is likely to grow at
a compounded annual growth rate (CAGR) of 5.5 per cent (at constant
prices) to USD374 billion (Rs 16,77,000 crore) in 2015. The organised retail
USD55 billion (Rs 246,000 crore) in the same time frame, garnering around
15 per cent of overall retail sales. Based on our projections, the top five
As per our estimates, the share of the 35 towns with a present population of
greater than 1 million in India's total population would grow much faster
than their smaller counterparts, from 10.2 per cent today to reach 14.4 per
cent by 2025. Simultaneously, the share of these towns in the overall retail
market would grow from 21 per cent today to 40 per cent by 2025.
There are a few key trends that one observes in international markets
GAINING PROMINENCE
These are driven by a consumer need for convenience and lower prices /
higher value in mass categories, while the big box category killer stores are
gaining importance in the specialty retail categories. While supermarkets
may emerge at the initial stages of retail market development, in the long
Private labels today account for 17 per cent of global retail sales,
with the highest share of 23 per cent in Europe and the lowest share
of 4 per cent in Asia. M+M Planet Retail data shows that private label
and the ability to offer higher margins are the key factors contributing to the
growth of private labels. Private labels provide the retailer an ability to offer
customers. Existing and new entrants need to achieve scale quickly to drive
Real estate and human resources will be the critical drivers to build scale.
While there are a few hundred malls under various stages of development
across the country at present, retailers will also need to think out of the box
to ensure the availability of real estate. This may include acquiring and
developing the real estate themselves, rather than wait for mall
development. Given the rising demand for retail real estate, retailers will
need to take a long-term view on rentals and look at alternative options like
ownership or very long leases. Retailers that invest in training will be able
categories by 2015 (at current prices). Compared to this, the revenue of the
largest Indian retailer, Pantaloon, grossed only Rs 1,085 crore in 2005.
Little wonder that large domestic business houses and international retailers
Unlike most people, Kishore Biyani makes no bones about his simplicity.
He's the man you're most likely to ignore at the Pantaloon or Big Bazaar
store, as he stands in a corner observing the way you shop. But make no
mistake; what he may lack in sartorial style, he more than makes up through
You'll never catch him in a tie and jacket. He isn't a stickler for large cars,
and has just graduated from driving a Honda City to a Honda Accord,
though he's just as content driving around in a junior manager's Maruti 800.
He is a strict vegetarian, and is currently off cheese and fried foods, but will
He has the knack of catching rivals off-guard and striking where it hurts
most.
Biyani's victory isn't unexpected. India's own Sam Walton (the legendary
denim manufacturer who quit the trade because "it wasn't creative enough"
But even size hasn't made a difference to Biyani's vaulting ambitions and
he's on an even faster trajectory of growth. He's booked over 4.5 million sq
ft of space across the country, and will utilise 3 million sq ft by this year's
He will invest over Rs 200 crore (Rs 2 billion) to make this dream a reality.
Says R S Roy, editorial director of the magazine Retail, which tracks the
industry closely: "Mall developers have him in mind before they start
constructing. His presence ensures footfalls and a premium for the mall."
Two years ago, no one took Kishore Biyani seriously. His company,
Pantaloon Retail, was seen as a one-man show. Biyani himself was regarded
India. In two years, Kishore Biyani has bounced back to become India's
largest retailer.
MILESTONES TO SUCCESS:
1992 - Initial public offer (IPO) was made in the month of May.
franchisee format launched across the nation. The company starts the
2001 - Big Bazaar, ‘Is se sasta aur accha kahi nahin’ - India’s first
hypermarket chain launched.
real estate funds Kshitij and Horizon and private equity fund
Group enters into joint venture agreements with ETAM Group and
Generali
COMPANY PROFILE
multiple retail formats in both the value and lifestyle segment of the Indian
operates over 5 million square feet of retail space, has over 350 stores
supermarket chain, blends the look, touch and feel of Indian bazaars with
aspects of modern retail like choice, convenience and quality and Central, a
Depot, Shoe Factory, Brand Factory, Blue Sky, Fashion Station, aLL, Top
10, mBazaar and Star and Sitara. The company also operates an online
portal, futurebazaar.com.
electronics segment.
Future Group is India’s leading business group that caters to the entire
Indian consumption space. Led by Mr. Kishore Biyani, the Future Group
operates through six verticals: operates through six verticals: Retail, Capital,
Apart from Pantaloon Retail, the group’s presence in the retail space is
leading apparel brands like Indigo Nation, Scullers and Urban Yoga, and
Galaxy Entertainment Limited that operates Bowling Co, Sports Bar, F123
The group’s joint venture partners include French retailer ETAM group,
international brands like Marks & Spencer, Next, Debenhams and Guess in
that are being invested in developing retail real estate and consumer-related
brands and hotels. The group has launched a consumer credit and financial
across the country and has formed a joint venture company focusing on
property companies .
Company’s vision:
Company’s Mission:
do. We shall ensure that our positive attitude, sincerity, humility and united
Ltd. (HSRIL) leads the groups foray in the home improvement and
Electronics Bazaar.
the group and is involved in asset management (both private equity and real
estate funds) with plans to get into other financial services including
insurance, credit and other consumer related financial services. Its associate
Indus League Clothing Ltd., one of the leading apparel manufacturers and
The group is a joint venture partner in Planet Retail Holdings Ltd., which
operates sports, lifestyle and leisure retail chain. It also owns the franchisee
and distribution rights of brands like Marks & Spencer, Guess, Debenhams
2. Footmart Retail:
Footmart Retail is a joint venture with Liberty Shoes and is engaged in the
The group is a joint venture partner in CapitaLand Retail India, along with
e – telling
everyday!’
Having pioneered the retailing business in India, PRIL has now decided to
technology platform.
Buying products is a 3 step simple process. All one has to do is Search,
Register and Buy. Here you can expect a shopping experience akin to
shopping at an actual bazaar but with added simplicity & everyday low
of purchase.
We are proud to inform you that Future Bazaar has been named as the
Future Bazaar won the top spot after beating other established players like
Rediff, Indiatimes, Sify, ebay, Indiaplaza, Chennai Bazaar and India Mall.
The award was presented to Future Bazaar for its "decent, no-nonsense
2.Food
Brew Bar: The Brew Bar is a classy and refined; yet reasonable an
ensure the same. With the low prices, a wide selection of products and
Sports Bar: A bistro focused on the world of sport, the Sports Bar is
3.Fashion:
ALL: Shop big and shop for big, coz fashion just got a little larger!
Big Bazaar: If value for money is what drives your purchase; there
Central: A showcase, seamless mall for all your needs. Located in the
heart of your city, Central invites you to Shop, Eat, and Celebrate.
value segment... for the ones who have an eye for it.
Giny & Jony: Gini and Jony is a lifestyle brand with a radical
that is uber chic, style conscious and stresses on a “head to toe” fashion
concept.
associated with, Lee Cooper offers the entire range of lifestyle products in
countdown shows, where the trendiest styles get ranked from 1 to 10; the
MANAGING DIRECTOR:
INDEPENDENT DIRECTORS:
o Mr. S Doreswamy.
o Dr. D O Koshy.
TERMS OF REFERENCE
The time period given for the tie-ups for the Green
Card Customer Loyalty Program, Denim Exchange and EOSS i.e. End of
only.
RESEARCH METHODOLOGY
questions
SYSTEMATIC because there is a definite set of procedures and steps
which you will follow. There are certain things in the research process which
The methodology adopted for data collection for the marketing activities i.e.
Restaurants
Pubs
Saloons
Laundries
Societies etc was Primary Method because all this was done by
SAMPLING
STRATIFIED SAMPLING
like income, sex education etc .A random sample is then drawn from each
strata such that size of sample drawn from each strata is proportional to size
of strata.
Lower sample size is required for this sampling and the cost involved is
average.
Sampling Method used was stratified method because the entire Pune city
was divided into different strata’s and then we had to take the sample of
pubs etc.
SAMPLING PERIOD
Sampling Period given was just 20 days for all Green Card Customer
MALE
FEMALE
WHAT IS YOUR AGE
0 to 20
20 to 30
30 to 40
40 plus
WHAT IS YOUR MONTHLY INCOME RANGE
25,000 - 50,000
50,000 - 75,000
75000 plus
HOW OFTEN DO YOU SHOP AT PANTALOONS
ALMOST MONTHLY
QUATERLY
YEARLY
WHAT IS YOUR AVERAGE SPENDING AT THE STORE
500 to 1000
1000 to 1500
1500 to 2000
2000 plus
WHICH OF THE FOLLOWING SERVICES WOULD YOU LIKE TO BE INCORPORATED IN OUR
STORE
STYLING COSULTANCY
YES
NO
IF SO, HOW MUCH
less than 50
50 to 100
100 to 150
150 plus
ARE YOU READY TO DISBURSE EXTRA AMOUNT IF WE PROVIDE YOU WITH THE KIDS
PLAYING AREA
YES
NO
IF SO, HOW MUCH
less than 50
50 to 100
100 to 150
150 plus
ARE YOU READY TO DISBURSE EXTRA AMOUNT FOR HOME DELIVERY AFTER
ALTERATION
YES
NO
IF SO, HOW MUCH
less than 50
50 to 100
100 to 150
150 plus
WHICH OF THE FOLLOWING STORES DO YOU FIND MOST ACCESSIBLE
PANTALOONS
SHOPPERS STOP
WESTSIDE
ANY OTHER