A Study On Consumer Intention in Buying FMCG Goods From Malls (Organised Stores) in Nashik City
A Study On Consumer Intention in Buying FMCG Goods From Malls (Organised Stores) in Nashik City
PROJECT REPORT
ON
“A study on consumer intention in buying FMCG Goods from
Malls (Organised Stores) in Nashik City”
SUBMITTED BY
MR. HRISHIKESH LAXMAN GAIKWAD
SUBMITTED TO
SAVITRIBAI PHULE PUNE UNIVERSITY
FOR THE PARTIAL FULLFILMENT
BACHELOR OF BUSINESS ADMINISTRATION
(B.B.A.)
UNDER THE GUIDANCE OF
PROF. VIVEK S. KANADE
MVP’s
K.R.T. ARTS, B.H. COMMERCE AND A.M. SCIENCE (KTHM) COLLEGE,
GANGAPUR ROAD NASHIK
2020-21
CERTIFICATE
This is to certify that the project work titled “Title” carried out by Mr.
Hrishikesh Laxman Gaikwad Roll No: 19 is bona fide work of the student.
He/she has originally carried out the work under my supervision for the partial
Thank you
Date: TYBBA
ACKNOWLEDGEMENT
Thank you
Date: TYBBA
INDEX
Conclusion
Bibliography/ Webliography
Annexure
INTRODUCTION
Though the detailed investigation is made in the present study, still there
are following limitations:
• This study is restricted only to the Big Bazaar (L B Nagar) Hyderabad only. So, the
results may not be applicable to other areas.
• This study is based on the prevailing customer‟s behavior. But the customer‟s
behavior may change according to time, fashion, technology, development, etc.
• As per the population of the study is huge, a sample size of 100 sample respondents is
only covered.
• Data collection of exact data for the research is not possible because there is a gap
between what respondent say and what they actually do.
• Information provided by the customers may not be accurate. They may hide some of
the information at the time of filling up the questionnaires
Rewrite Rules, Retain Values – this simple idea has been at the core
of our business since the inception of Future Group. Today, a wide
portfolio of brands in food, FMCG and fashion, complement the
country’s pioneering modern retail networks.
More than 600 million customer visits are recorded across the 2,000
Future Group retail stores, covering over 24 million square feet of
space in over 400 cities and towns. Millions more interact with
group’s brands and businesses through ecommerce sites, social media
and mobile apps like FuturePay and EasyDay Club.
Future Group’s food value chain operates with its nation-wide
network, reaching the smallest towns and cities with its sourcing and
manufacturing units, and integrated distribution systems. Tasty Treat,
Golden Harvest, Karmiq, Kara, Sunkist, ThinkSkin, Mother Earth,
Kosh, Nilgiris are among the leading brands from the Future Group.
In fashion, our manufacturing facilities produce garments designed
and sourced by a talented team of trend-spotters, designers and
merchandizers. Brands like Lee Cooper, John Miller, CoverStory,
Indigo Nation, Scullers, Knighthood, DJ&C, Bare, UMM, and
Ancestry are some of our key brands.
The flagship retail brand Big Bazaar is ranked among the most
valuable Indian brands (Interbrand), and among the most trusted
brands (Nielsen). Leading department store network, Central, smart
prices retailer, Brand Factory, and popular fashion destination FBB
are also a part of the group, along with a growing chain of small
neighbourhood stores, EasyDay and Heritage Fresh, and convenience
stores WH Smith and 7-Eleven
ORGANIZATION STRUCTURE
Future Retail Ltd. (formerly known as Bharti Retail Ltd.) was incorporated in
February 07 2007. The company is engaged in the business of retailing of fashion
household and consumer products through departmental and neighbourhood stores
under various formats across the country.Future Retail Ltd is the flagship company of
Future Group India's retail pioneer catering to the entire Indian consumption space.
Through multiple retail formats the company connects a diverse and passionate
community of Indian buyers sellers and businesses. The Company has been able to
develop presence across India with good loyal customer base of approximately 50
million members across India as of March 31 2019.Future Retail operates multiple
retail formats in both the hypermarket supermarket and home segments of the Indian
consumer market including: Big Bazaar Easyday Fashion at Big Bazaar Foodhall
Home Town EzoneAs India's leading retailer Future Retail inspires trust through
innovative offerings quality products and affordable prices that help customers
achieve a better quality of life every day.
CONCEPT OF THE TOPIC
Future Group is a corporate group and nearly all of its businesses are
managed through its various operating companies based on the target
sectors.
For example, retail supermarket/hypermarket chains Big Bazaar,
FBB, Food Bazaar, Food Hall, Hometown, etc. are operated by its
retail division, Future Retail Limited, while its fashion and clothing
outlets Brand Factory, Central, and Planet Sports are operated via
another of its subsidiaries, Future Lifestyle Fashions Limited.
Furniture is retailed through HomeTown stores in major cities and
online. With these many fashion outlets and supermarkets, the group
also promotes its fashion and sports brands like Indigo Nation,
Spalding, Lombard, Bare, etc., and FMCGs like Tasty Treat, Fresh &
Pure, Clean Mate, Ektaa, Premium Harvest, Sach, etc.
It also has operating companies to cater specifically to internal
financial matters and consulting within its group of companies
CAUSES OF THE STUDY
The FMCG market in the India is poised for a high growth era which
is indicated by a CAGR of 11.2% over the past decade and annual
volume growth of approximately 8.5%1The growth potential of the
industry is high because of low penetration rates currently, rising
consumer incomes and demand-supply gap. Yet, there are a few
products in every sector which perform badly compared to the others
in terms of sales and movement. For example, the sales of the Fiama
Di Wills shampoo is not comparable with the sales of competing
brands like Dove or Pantene. One can quote similar examples in the
house hold and food & beverages category as well. These goods are
identified as slow moving goods. There could be numerous reasons
for the slow movement of these products like, ineffective advertising,
lack of consumer loyalty to brands, inadequate retailer shelf space,
improper brand positioning, presence of stiff competition etc,.
AGE
Age No.
18-30 26
31-40 13
41-50 10
51-60 10
61-70 1
30
25
20
15
Series 1
10
0
18-30 31-40 41-50 51-60 61-70
Interpretation:
18-30 age group respondents are maximum in survey & above 30 age
group respondents are average same.
Income(Annual)
Income(Lakh) No.
2-4 20
4.1-6 10
6.1-8 11
8 & Above 10
25
20
15
Income
10
0
2-4 4.1-6 6.1-8 8 & Above
Interpretation:
2-3 Lakh income respondents are maximum in survey & 6.1-8 Lakh Income
group respondents are average same.
Occupation
Occupation No.
Private Job 12
Government Job 4
Self Employed 3
Business 23
Home Maker 4
Student 13
25
20
15
10
Income
Interpretation:
Business occupants respondents are maximum in survey & students group
respondents are average same.
Qualification
Qualification No.
SSC(10th) 4
HSC(12th) 3
Under Graduate 28
Post Graduate 24
30
25
20
15
Qualification
10
0
SSC(10th) HSC(12th) Under Graduate Post Graduate
Interpretation:
Undergraduate Group respondents are maximum in survey & Post Graduate
respondents are average same.
No. of Family Members
Family Members No.
2-4 36
5-6 15
7-8 4
8 & Above 4
40
35
30
25
20
No. of Family Members
15
10
0
2-4 5-6 7-8 8 & Above
Interpretation:
2-4 Family Members Group respondents are maximum in survey & 5-6
Family Members respondents are average same.
Goods Respondents will buy.
Products Type No.
Natural Products 36
Household Products 26
Oral Care 31
Skin Care 44
Hair Care 30
Health Related 17
Dairy Products 19
Bakery Products 22
Paper Products 19
Confectionery 23
Foods 23
Beverages 27
Beverages
Foods
Confectionery
Paper Products
Bakery Products
Dairy Products
Health Related Types
Hair Care
Skin Care
Oral Care
Household Products
Natural Products
0 10 20 30 40 50
Interpretation:
Skincare Product respondents are maximum in survey & Natural Products
respondents are average same.
People who like shopping in malls
Behaviour No.
Strongly Disagree 3
Disagree 2
Neutral 18
Agree 26
Strongly Agree 10
30
25
20
15
No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Neutral respondents are
average same.
People whose lifestyle is compatible with malls
Behaviour No.
Strongly Disagree 2
Disagree 4
Neutral 21
Agree 25
Strongly Agree 7
30
25
20
15
No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Neutral respondents are
average same.
People who like ambiance of malls
Behaviour No.
Strongly Disagree 0
Disagree 3
Neutral 12
Agree 31
Strongly Agree 13
35
30
25
20
15 No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Strongly Agree respondents
are average same.
People who think shopping in mall is fun
Behaviour No.
Strongly Disagree 2
Disagree 4
Neutral 14
Agree 30
Strongly Agree 9
35
30
25
20
15 No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Neutral respondents are
average same.
People who think shopping in mall provides wide
varieties
Behaviour No.
Strongly Disagree 1
Disagree 3
Neutral 4
Agree 30
Strongly Agree 21
35
30
25
20
15 No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Strongly Agree respondents
are average same.
People who think shopping in mall provides
products available under on roof
Behaviour No.
Strongly Disagree 2
Disagree 1
Neutral 7
Agree 30
Strongly Agree 19
35
30
25
20
15 No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Strongly Agree respondents
are average same.
People who think they do not need to search for
parking space
Behaviour No.
Strongly Disagree 2
Disagree 5
Neutral 13
Agree 25
Strongly Agree 14
30
25
20
15
No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Strongly Agree respondents
are average same.
People who think shopping in malls offers seasonal
and festival discounts
Behaviour No.
Strongly Disagree 1
Disagree 1
Neutral 14
Agree 33
Strongly Agree 10
35
30
25
20
15 No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Strongly Agree and Neutal
respondents are average same.
People who think malls have easy return policy
Behaviour No.
Strongly Disagree 3
Disagree 10
Neutral 7
Agree 23
Strongly Agree 6
25
20
15
No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Strongly Agree and Neutal
respondents are average same.
People who think malls gave assurance about
product quality
Behaviour No.
Strongly Disagree 0
Disagree 8
Neutral 18
Agree 27
Strongly Agree 6
30
25
20
15
No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Neutal respondents are
average same.
People who think they don't need to stand in que for
billing process
Behaviour No.
Strongly Disagree 8
Disagree 20
Neutral 16
Agree 12
Strongly Agree 3
25
20
15
No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Neutal respondents are
average same.
People who think they can judge product quality
personally
Behaviour No.
Strongly Disagree 0
Disagree 3
Neutral 13
Agree 33
Strongly Agree 10
35
30
25
20
15 No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Neutal respondents are
average same.
People who think shopping in malls provides
cleanliness and hyginene
Behaviour No.
Strongly Disagree 1
Disagree 3
Neutral 7
Agree 31
Strongly Agree 17
35
30
25
20
15 No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & Neutal respondents are
average same.
People who think shopping in malls provides greater
customer satisfaction rather than other retail shops
Behaviour No.
Strongly Disagree 1
Disagree 5
Neutral 17
Agree 25
Strongly Agree 11
30
25
20
15
No. of People
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & disagree respondents are
average same.
People who think membership cards helps us to
collect the shopping which we can use to have a
discount coupon
Behaviour No.
Strongly Disagree 0
Disagree 5
Neutral 7
Agree 36
Strongly Agree 11
40
35
30
25
20
No. of People
15
10
0
Strongly Disagree Neutral Agree Strongly Agree
Disagree
Interpretation:
Agree respondents are maximum in survey & strongly agree respondents are
average same.
FINDINGS AND OBSERVATIONS
Lower quality of goods: As Big bazaar aims more toward the middle
income group, the quality of goods is not of the highest quality, and
this is sometimes a disadvantage as some would prefer better quality
to the price, making customers to search for different places.
Does not appeal to the elite: As mentioned above, the main
customers are middle income and a few high income groups, The elite
do not like to shop at Big Bazaar as the quality of goods is lower and
they would prefer a higher price and get a better brand, this decreases
sales from the elite class
Not acclaimed for very good service: Big Bazaar is not known for
high class service. The staff recruited is not very well trained and the
billing queues take a long time to move, this irritates customers which
makes them visit the store more seldom
Quality of goods: As the store is trying to concentrate on the middle
income group the type of products used is not of the most superior
quality and most of the times nor branded, this may dissatisfy certain
customers
Consumer satisfaction: Long queues and lower quality leads to
dissatisfaction of customers. Due to factors mentioned above Big
Bazaar shoppers are not always satisfied, this is not a positive for the
store.
CONCLUSION
Variety: Big Bazaar offers a wide variety of products of different prices and
different qualities satisfying most of its customers.
Quality: Providing quality at low prices and having different types of products
for different income customers is another advantage, Normally what the
consumers want.
Price: As noted the prices and offers in Big Bazaar have been one of the main
attractions and reasons for its popularity. The price ranges and the products
offered are very satisfying to the customers. Location: The location of Big
Bazaar has been mainly in the heart of the city or in the out skirts giving a
chance to both the City and the people living outside the city to shop.
Advertisements: Big bazaar has endorsed very popular figure like M S Dhoni
and other famous personalities which has attracted a lot of customers. This has
resulted in increase of sale and the outdoor advertising techniques have also
helped Big Bazaar.
Middle class appeal: Considering the fact that there are a lot middle class
families in India, Big bazaar has had a huge impact on the middle class section
of India, the prices, quality and sales strategy has helped in getting the middle
income groups getting attracted towards Big Bazaar.
Attractive sales: Big bazaar has been known for its great sale and great offers.
Big bazaar has had long lines of people waiting to get into the store for the sale.
Therefore, the sales that Big Bazaar has had has increased sales in a huge way
due to the sales and offers, thus this has been one of the main advantages of Big
Bazaar.
BIBLIOGRAPHY
__________________________________
Age
18-30
31-40
41-50
51-60
Income (Annual)
2-4 lakh
4.1-6 lakh
6.1-8 lakh
8 lakh & Above
Occupation
Private Job
Government Job
Self Employed
Business
Home Maker
Student
Qualification
2-4
5-6
7-8
8 above
Which of the following Goods you have buy from Mall?
Natural Products :- Food Grains & Grocry
Household products :- Toiletories & Cleaning Material
Oral Care :- Toothpaste, Mouthwash, Sanitizers
Skin Care & Cosmetics:- Creams, Lotions,Fairness Creams
Hair Care :- Hair Oil, Shampoos, Hair Color, Hair Dye
Health related :- Ointment, Balm, Cough syrup, Chyawan prash
Dairy Products :- Milk, Bread, Butter, Cheese, Paneer etc
Bakery Products :- Cookies, Biscuits
Paper Products :- Tissues, Diapers, Sanitary pads
Confectionery :-Chocolates, Candys, Sweets
Foods :- Fast Food, Ready to Use, Jams, Spices & Condiments, Vegetables
Beverages :-Juice, Cold Drink, Tea, Coffee, Health beverages, Cold Drinks
I like to shop in mall
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Shopping in mall is compatible with my life style
strongly disagree
Disagree
Neutral
Agree
Strongly Agree
I like ambiance of the mall.
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Shopping in a Mall Is fun for Me.
Strongly disagree
Disagree
Neutral
agree
strongly agree
Shopping malls Provides wide variety of products
strongly disagree
Disagree
Neutral
Agree
Strongly Agree
Shopping malls provides different products available under one roof.
strongly disagree
disagree
neutral
agree
strongly agree
I do not need to search parking area .
strongly disagree
disagree
neutral
agree
strongly agree
shopping malls offers seasonal and festival discount.
strongly disagree
Disagree
Neutral
Agree
Strongly Agree
Malls have easy return policy
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Malls gave assurance about product quality
strongly disagree
disagree
neutral
agree
strongly agree
No need to stand in a que for billing process.
strongly disagree
disagree
neutral
agree
strongly agree
We can judge the product quality personally
strongly disagree
disagree
neutral
agree
strongly agree
Shopping malls maintain cleanliness and hygiene.
strongly disagree
disagree
neutral
agree
strongly agree
Shopping in a mall gives me a greater customer satisfaction rather than other retail shops.
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Membership card helps us to collect the shopping points which we can use to have a discount
coupon.
strongly disagree
Disagree
Neutral
Agree
Strongly Agree