Rajkishor - Internship - Report Correction
Rajkishor - Internship - Report Correction
Rajkishor - Internship - Report Correction
On
Promotional strategy adopted by successful retailers : a detail study
On pantaloons india Pvt.Ltd
Pantaloons, Patia, Bhubaneswar
Submitted By:
Student Name: Uttam kumar Mallik
Roll No.: SAM21MBA181
University Regd. No.: 2106286179
MBA [2021-2023]
(A project report submitted to Biju Patnaik University of
Technology (BPUT), Rourkela, Odisha for partial fulfilment of the
requirements for the award of Degree of MBA Program)
Under the guidance of
External Guide: - Internal Guide: -
Mr. Biswa Prakash Biswal Asst,Prof jyotisman Das Mohapatra
(Store Manager, Pantaloons) (Prof. in Marketing)
Aditya Birla Fashion & Srusti Academy of Management,
Retail Limited, Bhubaneswar (Autonomous)
This is certified that Uttam Kumar Mallik, a student of MBA of Srusti Academy of
Management, (Autonomous) Bhubaneswar has successfully completed his summer
Internship Project on the topic of “Study on Promotional strategies Adopted by
successful Retailer”. He has worked on the Summer Internship Project from 9th
July,2022 to 24th Aug,2022.
His performance during the project was extremely satisfactory.
Acknowledgement
This project report bears the imprint of many people on it. I am very much thankful to
Srusti Academy of Management, (Autonomous)Bhubaneswar for the successful
completion of my SIP report.
I would like to thank my project supervisor and guide for his invaluable guidance and
assistance in preparing the project report and also contributing a lot for
accomplishment of this Project.
Firstly, I would like to express my immense gratitude towards the organization
Pantaloons which had given me a great opportunity to apply all my theoretical
knowledge practically.
I wish to express my sincere appreciation to my corporate guide to Biswa Prakash
Biswal – Store Manager for his outstanding guidance, encouragement and
commitment. My appreciations also go to specially Mr.Rajkishor Mahalik - Dept.
Manager, Kids and Western Section who lightened me regarding all the information,
various data, suggestion, tactics about Different loyalty programmes adopted by
Pantaloons.
I am also thankful to my faculty guide Asst,Prof Jyotisman Das Mohapatra , Srusti
Academy of Management Studies who guided me regarding the topic to analyse more
and interpret the data. He also gave me support to prepare this project.
Preface
It is a great opportunity for me to pursue my MBA in Srusti Academy of
Management, (Autonomous) under BPUT, Rourkela, Odisha. In the
accomplishment of Summer Internship Program, I am submitting a report on “Study
on Promotional strategies Adopted by successful Retailers”. Subject to the
limitation of time, efforts and resources every possible attempt has been made to study
the matter deeply. The whole project is measured through the questionnaire, the data
further analysed and interpreted and the result was obtained. The purpose of this report
is to give a brief idea about what has been done in the summer training. This report
comprises of various things and knowledge I have got during my summer internship at
Pantaloons Retail LTD.
The objectives of preparing this report are as follows;
To study about different loyalty programmes.
To study about the effectiveness of loyalty programmes.
To study about how to maintain, gain, and win back customers.
To study about different methods and conditions that are applicable in the loyalty
programme.
CONTENTS
CHAPTER-1 PAGE NO
BACKGROUND OF THE STUDY
INTRODUCTION 9-10
RATIONALE OF THE STUDY 10
OBJECTIVES OF THE STUDY 10-11
SCOPE OF THE STUDY 11
RESEARCH METHODOLOGY 12-13
CHAPTER -2
COMPANY PROFILE 14-27
CHAPTER -3
THEORETICAL BACKGROUND 28-33
CHAPTER -4
DATA ANALYSIS AND INTERPRETATION 34-40
CHAPTER -5
FINDINGS, SUGGESTION AND CONCLUSION 41-43
CHAPTER -6
BIBLIOGRAPHY 44-45
CHAPTER -7
ANNEXURE (QUESTIONNAIRES) 46-48
CHAPTER – 1
• BACKGROUND OF THE STUDY
• RATIONALE OF THE STUDY
• OBJECTIVES OF THE STUDY
• SCOPE OF THE STUDY
• RESEARCH METHODOLOGY
INTRODUCTION:
The Promotional Strategies provides gratification to those who require
rewards for purchases and avoids additional costs for those who would buy
even without them. The Promotional strategy insiginia is an integrated
system of marketing actions that aims to make customers more promotion by
developing personalized relationships with them. Relationship marketing
focuses on the customer, in the sense that the firm seeks to create long-term
business relations with existing prospects and customers.
Retailing is one of the oldest business activities in India. But until the
liberalization and deregulation of the Indian economy in the 1990s, it was
dominated by small one-man retail units. Today's customers have more
choice, are better informed and are more demanding of value and return for
their spending money. They look not only for the products and services that
meet their needs at the price they are willing to pay, but for the merchant
that recognizes, appreciates and rewards their patronage. Now a day’s all big
apparel retailers have started the promotional activity with different benefits
in order to satisfy customer needs and wants.
Top retail players like pantaloons, shopper stop, Globus have adopted
loyalty card and the insiginia is used as a tool for retaining a customer now a
In India the retailers play vital role in selling goods to the ultimate customer
and day by day number of retailers are increasing tremendously and ultimate
end users are being confused and customers keep on changing the retail
store.
The questionnaire survey was taken from 150 customers randomly and most
of them have purchased before at pantaloons. The promotional strategy at
pantaloons plays a vital role in retaining a customer and nearly 75% of the
customers are using the green card for more than two year’s Satisfaction
level in shopping experience, services, quality and discount are very high.
• In the study it found that the organization is in the growing stage, it has
made its great effort to get success. Their profit rating is also good, sales
turnover is also profitable. Organization is giving much emphasis on
modern technology.
• I hope this report will be extremely useful for the organization.
Constructive and healthy suggestion for the improvement of the report will
be gratefully appreciated.
• What are the areas needed to improve for attracting more and more
customers to have frequent purchase at Pantaloons?
RESEARCH BACKGROUND:
Research - Quantitative
Research design - Descriptive study
Data collection - Primary Data
Sample area - Pantaloons, Patia, Bhubaneswar
Sample size - 100 Customers
Sampling design - Non-probability technique
RESEARCH METHODOLOGY:
Research method is an academic activity and as such as the term should be
used in a technical sense. This research comprises of defining and redefining
problem, formulating hypothesis or suggested solution; collecting;
organizing and evaluating data; making deduction and reaching conclusion;
and at last, carefully testing the conclusion to determine they fit the
formulating hypothesis. By this way proper methodology is an essential
stepin conducting research study.
RESEARCH DESIGN:
A research design is the arrangement of condition for collection and analysis
of data in a manner that aim to combine relevance to research purpose with
procedure.
The research design adopted for this study is descriptive type. The objective
of such a study is to answer “who, what, where and how” of the subject
under investigation. It is used because of its extensive flexibility, scope and
convenience. A descriptive research study is basically concerned with
narration of particular individual or group with specific predictions.
DATA COLLECTION DESIGN:
A marketing researcher has to make a plan for collecting data which may be
primary data, secondary data or both.
• PRIMARY DATA
The primary data was obtained by administering survey method, guided by
questionnaire to collect information from the customers. The questionnaire
is
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both open and closed ended questions. These methods were adopted since
the data which is required is highly focused on customer satisfaction.
• SECONDARY DATA
The secondary data are collected through various sources like:
1. Secondary data are collected through internet related to industry,
company, competitors, etc.
2. Review of articles being published on the topic in various magazines and
newspapers
3. Data are also collected from the company brochures etc.
QUESTIONNAIRES:
The best way to collect the data is to personally administer the
questionnaires. The advantage of this method is, the data can be collected
from the respondents within a short period of time. Any doubts that the
respondents might have on any question could be clarified on the spot.
CHAPTER – 2
COMPANY PROFILE
HISTORY:
Retail India Limited (PRIL) a retailer was incorporated in 12th October
of the year 1987 headquartered in Mumbai the company operates
through primarily the Lifestyle' and Value' formats through multiple
delivery mechanisms and lines of business some of them being fashion
food general merchandise home leisure and entertainment financial
services communications and wellness.
India's family store Pantaloons was launched in Kolkata during the year
1997. In the year 2001 Big Bazaar Is se sasta aur accha kahi nahin'
India's first hypermarket chain was launched after this a supermarket
chain also launched in the period of 2002 under the name and style of
Food Bazaar.
Kishore Biyani is an Indian businessman who is the Founder & CEO
of Future Group, one of India's biggest brick-and-mortar retailers. He is
also the founder of retail businesses such as Pantaloon Retail and Big
Bazaar.
Sangeeta Pendurkar is an Independent and Non-executive Director at
Signify Innovations India Limited. She is also the CEO of Pantaloons
and Jaypore, at Aditya Birla Fashion and Retail Limited (ABFRL).
Karan Mehta is the COO of Aditya Birla Fashion & Retail Limited,
Pantaloons.
About Pantaloons:
Pantaloons is a playground where we enjoy the privilege of serving our
customers to enable their fashion journey. We strive to make shopping a
playful, joyful & engaging experience for our customers by helping them
take steps towards being their fashionable best.
With over 24 years of retailing experience, Pantaloons, a division of
Aditya Birla Fashion and Retail Ltd. is one of the most loved fashion
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brands in India with 344+ stores spread across 170+ towns and cities in
the country. We offer a versatile collection & retail over 100 licensed
and international brands, including our exclusive in-house brands.
At Pantaloons, we bring you 'of-the-moment' fashion across stylish
menswear, statement womenswear, happy kids wear and elegant accents
for your home too. We showcase casual fluently, are experts of ethnic
wear, boast of a strong workwear ethic and live for all the fun through
our party wear.
We strive to make the Pantaloons experience exciting, friendly &
uplifting. We believe in going that extra mile to make our customers
look & feel great and express themselves with confidence.
allows customers to shop for the latest in fashion apparel and accessories
throughout the year in an attractive and visually stimulating ambience.
Pantaloons Fresh Fashion stores have presence with stores not just in
Metros but also in smaller towns. All stores have a wide variety of
categories like casual wear, ethnic wear, formalwear, party wear and
sportswear for Men, Women and Kids.
VISION:
To passionately satisfy Indian consumer needs in fashion, style and
value, across wearing occasions in Apparel and Accessories through
strong brands and high- quality consumer experience with the ultimate
purpose of delivering superior value to all our stakeholders. Pantaloons
India, in association with the future group shall deliver every time,
everywhere& everything for every consumer of India in a profitable
way. Pantaloons India shares the belief that the potential stake holders
and customers shall be provided by executing and creating future
development in leading consumption space to the economic
development.
MISSION:
We share the vision and belief that our customer and stake holders shall
be served only by creating and executing future scenarios in the
consumption space leading to economic development. We will be the
trendsetters in evolving delivery formats, creating retail reality, making
consumption affordable for all customer segments- for classes and for
masses. We shall infuse Indian brands with confidence and renewed
ambition.
MOTTO:
● “Customer Satisfaction is our real motto”
● Customer is our real boss and our real master.
● A Customer is not an interruption in our work; he is the purpose of it.
CORE VALUES:
● Confidence in ourselves.
● To be a leader, both in thought, business and in innovation.
● Respect every individual and be humble in our Conduct.
● Leading to purposeful thinking.
● To be open and receptive to new ideas, knowledge and information.
● To build long term relationships.
● Simplicity and positively in our thought, business and ideas.
● To be flexible and adaptable, to meet challenges.
ORGANIZATION STRUCTURE:
1. Store manager
This is the highest position in the store. He is the father and head of the
family. He is the decision
maker for the store. The store manager is responsible for both the top line
responsibility is sales and the
bottom line responsibility is profit. Role of store manager involves-
• Ensuring smooth operations of the store.
• Making plans to ensure highest profit for the store.
• Proper execution of plans.
2. Department manager
This designation is present for both functional department as well as the
store department. A definite sales target is set for each department and it
is responsibility of each DM to achieve the same.
The DMs of the functional department are responsibility of the smooth
operation of their respective departments. There are 3 DMs in the store.
3. Team members
These comprise of almost 80% of total staff. They are the actual
customer facing members and their key role is to provide the best service
to customer. Pleasing personality. Good communication skills and
overall product knowledge are the main requirement for this post.
PRODUCT PORTFOLIO:
Pantaloons offers Apparel brands for Men, Women and Kids. Along
with Apparel it also features accessories.
Products (Pantaloons Brand)
A. Women’s Ethnics
Rang Manch
Akkriti
People
B. Women’s Western
Annabelle
Ajile
People
SF Jeans
Bare Denim
Honey
C. Kids
0-2 Infants
2-7 Toddlers (Boys & Girls)
7-14 Juniors (Boys & Girls)
Coolsters
Zero
D. Men’s Ethnics
Indus Route
E. Men’s Western
Byford
Sf Jeans
Bare Denim
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7 Alt
People
Urban Ranger
Ajile
Street Armor
Products (Non-Pantaloons Brand)
A. Women’s Ethnics
Biba
W
Global Desi
Aurelia
Dream
B. Women’s Western
Vanheusen
Allen Solly
AND
Zink London
Latin Quarters
Dreamz
Kraus
Jealous 21
C. Men’s Western
Wrogn
Pepe Jeans
SpyKar
Levis
Moustache
Turtle
Blackberry
Allen Solly
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Peter England
John Miller
D. Kids
Allen Solly
Doodle
RANGMANCH
LATIN QUARTERS
SF JEANS
COOLSTERS
DOODLE
COMPETITORS:
Reliance Trends
Max
Easy buy
SWOT ANALYSIS:
SWOT analysis of Pantaloons analyses the brand by its strengths,
weaknesses, opportunities & threats. In Pantaloons SWOT Analysis,
the strengths and weaknesses are the internal factors whereas
opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a
brand like Pantaloons to benchmark its business & performance as
compared to the competitors. Pantaloons is one of the leading brands in
the lifestyle and retail sector.
CHAPTER – 3
THEORITICAL BACKGROUND
instant rewards
flexible rewards
special offers
WHY CRM?
Want to focus both on acquisition & Retention
To convert daily footfalls into loyal customers
Extraordinary service and customer satisfaction
Increase customer share
CRM AT PANTALOONS
There are 2 types of loyalty programmes that are applicable in the Patia
Store to retain customers.
1. GREEN CARD:
The Green card membership is meant for Pantaloons customers
only and Green card points can be redeemed at Pantaloons
online and offline stores. The Green card program membership
will be activated within 24 hours from enrolment.
CHAPTER – 4
DATA ANALYSIS AND INTERPRETATION
DATA ANALYSIS:
1. Are you awareof the loyalty
programmes available at PANTALOONS?
TABLE 1:
Strongly agree 70
Agree 65
Disagree 10
Neutral 5
Strongly disagree 3
CHART 1:
CHART TITLE
3% 2%
7%
46%
42%
TABLE 2:
Yes 78
No 22
CHART 2:
CHART TITLE
YesNo
22%
78%
Pantaloons brands 40
External brands 25
Both 35
CHART 3:
CHART TITLE
Pantaloons BrandExternal BrandsBoth
35%
40%
25%
TABLE 4:
Yes 55
No 13
May be 32
CHART 4:
CHART TITLE
YesNoMay be
32%
55%
13%
Interpretation: From the above picture it is clear that 55% is yes, 13%
is no and 32% is may be.
TABLE 5:
Strongly agree 45
Agree 30
Neutral 15
Disagree 7
Strongly disagree 3
CHART 5:
CHART TITLE
Strongly agreeAgreeNeutralDisagreeStrongly disagree
3%
7%
15%
45%
30%
TABLE 6:
Yes 25
No 50
Partially yes 25
CHART 6:
CHART TITLE
YesNoPartially yes
0%
25% 25%
50%
CHAPTER – 5
FINDINGS, SUGGESTION AND
CONCLUSION
FINDINGS:
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SUGGESTIONS:
Expand more brands
Convey all the details about offers to the customers (During offers
festival pantaloons in house brands and external brands having
their different offers so that customers are getting confused).
CONCLUSION:
The store has been well maintained in accordance with the latest
demands of the consumers.
CHAPTER – 6
BIBLIOGRAPHY
BIBLIOGRAPHY:
Website referred
www.slideshare.net
www.pdf
www.youtube.com
http://www.google.com/
CHAPTER -7
ANNEXURE (QUESTIONNARIES)
o yes ○ no
If yes since how long you’ve been a member of green card
programme?
o (0-6 months) ○ (6 months – 1 year) ○ (1-2 years) ○ (more
than 2years)
4. Which brand you preferred most while shopping at pantaloon?
o Pantaloon brand ○External brand
6. How satisfied are you with the purchase you made in pantaloons