Professional Documents
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PROJECT REPORT
ON
FOR
Submitted by
JAYADEEP P VADULEKAR
Thanks to all.
Jayadeep p Vadulekar
TABLE OF CONTENTS
1 Retail Industry 13
2 Company Profile 19
3 Objective 35
Research
4 37
Methodology
5 Analysis 44
6 Findings 54
7 Recommendations 56
8 Bibliography 58
9 Annexure 60
EXECUTIVE SUMMARY
Title:
Market Research & Analysis of Customer feedback at TruMart a
venture of Piramyd Retail ltd.
Introduction
The study was conducted to increase the footfalls and to take the customer feedback
about the offers, variety, and quality and service offered by TruMart a venture of
Piramyd Retail ltd.
Retail industry
The changing face of retail
Company profile
In the company profile, the history and current scenario of TruMart has been
described.
Objective
To find out the brand awareness of TruMart
To analyze the market potential of TruMart
To check the satisfaction level of existing customers
To get the feedback from the customers to serve them better
To know about customers preferences
Research methodology
The research methodology used was descriptive research. The sample size was
600. 100 questionnaires were distributed per store. In Pune six TruMart s were
included ICC, Camp, Pimpri, Kondwa, Bhandarkar road and Walwekar nagar.
Details about the data collection methods and sampling units could be seen under
the topic research methodology.
Analysis
Under this part the analysis of the questionnaires data which was collected has
been done.
S.W.O.T analysis
The S.W.O.T analysis shows that the good reputation of the brand and the
products available. Weakness of TruMart is that supply chain management is very
weak many of the products are un-available. In Pune there are in all 9 stores it is the
biggest opportunity to capture the whole market and build loyal customers. There is
threat from some of the supermarket retailers such as Food Bazaar, Spencer s daily
and Mantra but it is mandatory.
FINDINGS
Customers think that the variety and the quality of products in the store were
not good.
At TruMart Pimpri and camp the customers faced parking problems.
The offers given to the customers are repeated every time.
Minimum percent of customers came to know about the offers through Tele-
calling.
RECOMMENDATIONS
At all the TruMart s the customers said that the products to be added were
vegetables & fruits.
More distribution of flyers in Newspapers should be there with which the
customers will be able to know the offers.
There should be new offers every time.
Tele-calling should be done to the customers to inform them about the new
offers.
More focus should be given on the advertisements of TruMart.
In-store buzz should also be conducted at each Trumart.
The most important recommendation is the number of Trusmart members
should be increased.
More customers should be converted into Trusmart members.
INTRODUCTION
The main motive of doing this research was to get the feedback from
the customers, analyzing it and finding the weak areas in which TruMart is
and overcome the weaknesses to give a better service to the existing
customers & future prospects. This company aims to target these customer
groups & offer innovative & convenient service that will fulfill their needs fast
and efficiently.
The survey has been done of six TruMart s on various factors such as
variety, quality, service, promotions, offers and many more. The sample size
was 600 (100 per store).
This study aims at creating and analyzing brand awareness among the
target Customers about the service offered to them by TruMart a venture of
Piramyd Retail ltd.
The Changing Face of Retail
Liberalization of the economy in the nineties and the entry of large players in
the retail business have brought the retail industry into spotlight. Big players and
national retail chains are changing the rules of the game, in spite of their meager share
in the overall retail trade. Organized retailing though still in an embryonic stage has
huge growth potential.
India has seen a rise in the number of malls in the last few years. Today India
has 37 malls in Mumbai, 10 in Hyderabad, 15 in Bangalore. Approximately 220 malls
in the whole of India by end 2005 is what is the estimate of various agencies involved
in assessing the future of commercial property development in India. The real estate
sector is booming thanks to the low interest regime for home loans. The other factor
that is providing a fillip to the development of real estate is the boom in commercial
property development, especially the retail property sector.
Moreover, with the convergence of the retailing, entertainment and the tourism
industries, retail property in India has taken to mega mall development to suit the
needs of all the three sectors in a single location. Throughout the past decade, malls
appeared on the retailing scene as the locus of retailing activity in major Indian cities
in the central business district, which was populated by well-known department
stores. But as the suburban population grew, many local shopping areas in suburbs
transformed into regional shopping destinations.
PIRAMYD PRODUCTS
HOMES
LADIES
KIDS
FORMALS
LIFESTYLE
CASUALS
HR Proposition
Piramyd has made its foray into the burgeoning super market sector with its Mumbai
venture. Supermarkets are going to be a major thrust area, which will be grown in a
large way.
This is the second among the many Trumart that Piramyd has launched covering an
area of 3,000 square feet with well-demarcated sections for food and non-food items.
The range of products available is very wide with excellent width and depth.
Our main focus is giving our Customers an AUOR (All Under One Roof)
concept.
- Convenience
- Cost (all at MRP)
- Choice (wide variety)
- Customer Service
USP:
Lifestyle Retail
Entertainment Center Piramyd Retail
Mall Management Limited
Textiles
Real Estate
Expansion Plan
2003
2004
2005
Oct-05
2006
2007
2008
2000
2002
2004
Oct-05
2007
PRODUCTS AVAILABLE AT TRUMART
Trumart is well-demarcated sections for food and non-food items. The range of
products available is very wide with excellent width and depth. The following
products are available in the:
BRANDS
Satyam Maggi Le-bon Frooti Colgate Premium
Amul Top-Ramen Kodai Tropicana Pepsodent Surf
Everest Kissan Modern Real Close-up Henko
Bad shah Mapro Diet Eggs Ceres Oral-b Ariel
Lazeez Malas Sumeru Berry Sunsilk Tide
MTR Fun Foods Venky's Lehberry Parachute Teepol
Ashirwad Barkers Wish bone Gatorade Park Avenue Vim
Annapurna Sil Al-Kabeer Red bull Livon Cherry
Parampara Agnesi Ocean Gem Red label Clinic Plus Kiwi
Pillsbury Blue Bird Latiff Green label Ultra Doux Eveready
Johnson&
MDH Bambino McCain's Society Johnson Duracell
Dhara Hersheys Safal Girnar Whisper Super Wrap
Sundrop Dabur Nestle Tata Care free Paseo
Saffola Gerber Vijaya Dilmah Stay free Good knight
Sweekar Cerelac Gagan Nuthmulls Palmolive Odomos
Figaro Farex Meatzza Kho-cha Lux Klinol
Fragatta Mothers Nescafe Cinthol Odopic
Bertoli Pravin Sunrise Wipro Optima
Godrej Lijjat Horlicks Shahnaz Ramson
Rasoi magic Britannia Boost Boutique Philips
Kohinoor Parle Maltova Lotus Prime
Lal quilla Sobisco Coke Himalaya Perl-pet
Perl-pet Pepsi Revlon Gala
Mcvites Lipton Lakme Pedigree
Sun feast Power horse
OBJECTIVE OF THE STUDY
objectives:
Meaning of research
Research in common parlance refers to a search for knowledge. One can also
define research as a scientific and systematic search for pertinent information on a
specific topic. In fact, research is an art of scientific investigation. The advanced
learner s dictionary of current English lays down the meaning of research as a
careful investigation or inquiry specially through search for new facts in any
branch of knowledge .
Objective
Research methodology
Descriptive research
Analytical research
Applied research
Fundamental research
Quantitative research
Qualitative research
Conceptual research
Empirical research
The above mentioned are the various types of research which a researcher can
apply in order to achieve one s desired objective. Therefore to achieve the objectives
of my research I have used descriptive research.
This is based on proper research design to meet the objectives of the study.
Data collection
The data was collected by going in all stores personally and getting the questionnaires
filled form the customers when they are shopping. The main motive in doing this
study was to get the feedback from the customers to give them better service by
knowing how they rate the store in all the parameters.
DATA COLLECTION
The project was to check feasibility of the services offered by TruMart using
primary data. The primary data was obtained through observation, direct
communication with the people and filling up of questionnaires, also enormous help
was obtained from TruMart, branch members, crew, staff and colleagues working
there.
The field work was carried according to the sampling plan formed, by visiting
all the Branches of TruMart under some limitations and time constraints.
The main motive for these visits was to identify the potential customers or the
future prospects. A two-way discussion was done with the customers and made them
aware of the product & services offered by TruMart. The questionnaires are either
directly filled up or indirectly filed up by the people and through the prospect of the
respective people.
The data collection tool that I have used is Questionnaire. I have selected
questionnaire as a data collection tool primarily because of descriptive nature of
sampling & secondly it was the most suitable tool that could help in achieving all the
objectives of the study & to do the analysis deeply and effectively.
CAMP
QUARTERL HALF-
Y HEARLY
7% 8% WEEKLY
37%
Camp TruMart has
MONTHLY
maximum number of
23% shoppers weekly.
FORTNIGHT
LY
25%
NO
45%
YES
55%
YES NO
EXCELLEN
AVERAGE T
11% 21%
EXCELLEN
POOR T
AVERAGE
3% 18%
16%
YES
14%
YES NO
YES
65% of the customers were 35%
YES NO
NO
4%
YES NO
NO
8%
YES NO
POOR
AVERAGE EXCELLEN
1%
11% T
27%
NO
20%
YES NO
EXCELLEN
AVERAGE T
24% 18%
GOOD
58%
FEMALE
44%
MALE
56%
MALE FEMALE
KONDWA
QUARTERL HALF-
Y HEARLY
4% 1%
MONTHLY WEEKLY
30% 47%
In Kondwa there 47%
people who shop weekly
FORTNIGH
TLY
18%
YES
NO 47%
members
YES NO
EXCELLE
POOR NT
AVERAGE
1% 22%
3%
EXCELLE
AVERAGE NT
8% 14%
GOOD
78%
YES
4%
YES NO
YES
18%
NO
82%
YES NO
YES
100%
100% people said that the store
was clean.
YES NO
NO
32%
68% people said that the YES
parking space provided 68%
was appropriate
YES NO
AVERAG EXCELLE
E NT
10% 20%
GOOD
70%
YES
100% people said that the 100%
YES NO
EXCELLE
NT
25%
MOUTH
PUBLICITY
39%
FLYERS MOUTH PUBLICITY NEWS PAPER TELE-CALLING
FEMALE
30%
MALE
70% of the customers were male
70% shoppers out of 100
MALE FEMALE
ICC
QUARTERL HALF-
Y HEARLY
5% 1%
MONTHLY WEEKLY
32% 45% 45% of the customers shop weekly
FORTNIGH
TLY
17%
WEEKLY FORTNIGHTLY MONTHLY QUARTERLY HALF-HEARLY
YES
20%
80% of the customers were NO
80%
Trusmart members out of 100
YES NO
AVERAG POOR
E 2% EXCELLE
2% NT
23%
GOOD
73%
AVERAG EXCELLE
E POOR
NT
2%
7% 16%
GOOD
75%
YES
5%
YES NO
YES
15%
85% customers said that they did
not wish any products to be added. NO
85%
YES NO
YES
100% 100% customers said that the store
was clean.
YES NO
NO
25%
75% customers said that the
YES
parking space provided for us was 75%
appropriate
YES NO
EXCELLE
POOR NT
AVERAGE 5% 20%
11%
YES NO
AVERAG EXCELLE
E NT
2% 26%
GOOD
72%
MALE FEMALE
PIMPRI
HALF-
HEARLY
5% WEEKLY
23%
NO
59% of the customers said that 41% YES
59%
they were Trusmart members.
YES NO
EXCELLEN
AVERAGE T
14% 23%
GOOD
63%
EXCELLEN
POOR T
16% 16%
YES
24%
YES NO
NO
40%
YES NO
NO
10%
YES
90%
YES NO
NO
71% of the customers said that the 29%
YES
parking space provided for them 71%
was appropriate.
YES NO
POOR EXCELLEN
2% T
AVERAGE
11% 16%
GOOD
71%
NO
15%
YES
85%
YES NO
POOR
1% EXCELLEN
AVERAGE T
16% 32%
GOOD
51%
MALE
35%
MALE FEMALE
WALWEKAR NAGAR
QUARTER
LY HALF-
3% HEARLY
MONTHLY 1%
31%
WEEKLY
48%
FORTNIGH
TLY
17%
NO
68% of the customers are Trusmart 32%
YES
members at walwekar nagar. 68%
YES NO
AVERAGE EXCELLEN
10% T
26%
GOOD
64%
AVERAGE EXCELLEN
11% T
36%
YES
19%
YES NO
YES
34%
YES NO
NO
7%
YES
93%
YES NO
NO
30%
YES NO
AVERAGE EXCELLE
6% NT
26%
NO
15%
YES
85%
YES NO
EXCELLEN
AVERAGE T
4% 39%
FEMALE MALE
53% 47% 53% of the customers were female.
MALE FEMALE
BHANDARKAR ROAD
HALF-
QUARTER
HEARLY
LY
1%
4%
WEEKLY
MONTHLY
47%
30%
FORTNIGH
TLY
18%
NO YES
53% 47%
53% of the customers said that
they were Trusmart members.
YES NO
POOR EXCELLEN
AVERAGE T
1%
3% 22%
GOOD
74%
EXCELLEN
AVERAGE T
8% 14%
GOOD
78%
YES
4%
YES NO
YES
82% of the customers said that 18%
they did not want any products
NO
to be added in the store. 82%
YES NO
YES
100% of the customers said that
100% the store was clean.
YES
NO
68% of the customers said that 32%
YES
the parking space provided to 68%
them was appropriate.
YES NO
EXCELLEN
AVERAGE
T
10%
20%
YES
EXCELLEN
T
25%
EXCELLENT GOOD
TELE-
CALLING
12%
FLYERS
NEWS
38%
PAPER
38% of the customers said that 23%
MOUTH
PUBLICITY
27%
FLYERS MOUTH PUBLICITY NEWS PAPER TELE-CALLING
MALE
38%
FEMALE
62% 62% of the customers were female.
MALE FEMALE
How often do you shop at TruMart ?
50 47 47
37 39 37
40 34
28 30
30 2422 24 2325 24
20 15 17
14 14
10 78 5
31 4 31 31
1 0
0
WALWEKA BHANDAR
CAMP KONDWA ICC PIMPRI
R KAR
WEEKLY 34 37 39 23 47 37
FORTNIGHTLY 24 14 15 25 17 14
MONTHLY 22 24 28 47 30 24
QUARTERLY 7 3 4 0 3 3
HALF-HEARLY 8 1 1 5 1 1
As compared all the TruMart s Walwekar nagar has the highest No. Of
customers who shop weekly and Pimpri has the lowest
80 70 68
59
60 52
43 42 41 42
37 37
40 32
17
20
0
BHANDARKA
CAMP KONDWA ICC PIMPRI WALWEKAR
R
YES 52 37 17 59 68 37
NO 43 42 70 41 32 42
As compared all the TruMart the highest no. of Trusmart members are
at walwekar nagar and lowest is at ICC.
How do you find the quality of the products?
80
65 63 63
59 59
60
45
40 26
20 20 23
17 16 16 17
20 8 10
2 2 1 2 2 0 2 1
0
BHANDARK
CAMP KONDWA ICC PIMPRI WALWEKAR
AR
EXCELLENT 20 17 20 16 26 17
GOOD 65 59 63 45 63 59
AVERAGE 8 2 2 23 10 2
POOR 2 1 2 16 0 1
On an average in every store the quality of the products was good. 26% of
the customers in Walwekar nagar said that they find the quality of the
products excellent
80 66 62 65 62
60 52
45
36
40
20 23
12 14 16 16
20 11 11 11
2 6 6 2 6
0 0 0
0
BHANDARK
CAMP KONDWA ICC PIMPRI WALWEKAR
AR
EXCELLENT 20 11 14 16 36 11
GOOD 66 62 65 45 52 62
AVERAGE 12 6 6 23 11 6
POOR 2 0 2 16 0 0
On an average in every store the variety of the products was good. 36% of
the customers in Walwekar nagar said that they find the quality of the
products excellent.
Did you come across any difficulty while purchasing or billing?
100
82 83 80
76 76 76
80
60
40
24
19
20 13
3 4 3
0
BHANDARKA
CAMP KONDWA ICC PIMPRI WALWEKAR
R
YES 13 3 4 24 3 19
NO 82 76 83 76 76 80
On an average in every store the customers did not came any difficulty
while purchasing or billing time. But in Pimpri there were 24% customers
who said that they came across difficulty.
80 74
62 65 65 65
60
60
40
40 33 34
20 14 13 14
0
BHANDARKA
CAMP KONDWA ICC PIMPRI WALWEKAR
R
YES 33 14 13 60 34 14
NO 62 65 74 40 65 65
On an average in every store the customers did not want any products to
be added but in pimpri there were 60% customers who said that they need
some products to be added in the store.
Was the store clean?
120
100 100 100
100 91 90 92
80
60
40
20 10 7
4 0 0 0
0
BHANDARKA
CAMP KONDWA ICC PIMPRI WALWEKAR
R
YES 91 100 100 90 92 100
NO 4 0 0 10 7 0
As compared all the stores every customer said that the store was clean.
But in Pimpri 10% customers said that the store was not clean.
100 87
80 71 69
65
60 54 54
40 29 30
25 22 25
20 8
0
BHANDARKA
CAMP KONDWA ICC PIMPRI WALWEKAR
R
YES 87 54 65 29 69 54
NO 8 25 22 71 30 25
As compared the entire stores, in camp there were 87% customers who
said that they did not faced any parking problems. But in Pimpri there
were 71% people who said that there were parking problems.
How was the overall appearance of the crew members?
80 71 67
58 55 56 55
60
40 26 26
16 17 16 16
20 10 8 10 11 8
4 2 6
1 0 0 0
0
WALWEKA BHANDARK
CAMP KONDWA ICC PIMPRI
R AR
EXCELLENT 26 16 17 16 26 16
GOOD 58 55 56 71 67 55
AVERAGE 10 8 10 11 6 8
POOR 1 0 4 2 0 0
As compared all the stores, the overall appearance of the crew members
like (hair, dressing, body language, communication skill) was good.
120
100 100 100
100 85 84
76
80
60
40
19 15 15
20
0 0 0
0
BHANDARK
CAMP KONDWA ICC PIMPRI WALWEKAR
AR
As compared all the stores, the Signages which were put on for the
guidance of the customers were appropriate and informative.
How was the visibility and shelf space arrangement of the store?
80
59 62 59
55 56
60 51
39
40 32
23 20 23 20
17 16
20
00 20 1 40 00
0
WALWEKA BHANDARK
CAMP KONDWA ICC PIMPRI
R AR
EXCELLENT 17 20 23 32 39 20
GOOD 55 59 62 51 56 59
AVERAGE 23 0 2 16 4 0
POOR 0 0 1 0 0
In every store the visibility and shelf space arrangement was good.
50 44 44
37 38 38
40 31 32
29 28 27
30 2524 26 25 24 23
18
20 15
12
9
10 2 4 4
1
0
WALWEK BHANDAR
CAMP KONDWA ICC PIMPRI
AR KAR
FLYERS 25 26 25 15 32 38
MOUTH PUBLICITY 24 31 29 37 38 27
NEWS PAPER 44 18 24 44 28 23
TELE-CALLING 2 4 9 4 1 12
Most of the customers came to know about the offers through news
papers. But in Walwekar nagar, ICC and Kondwa the customers came to
know about the offers through mouth publicity.
Sex?
70 62 62
60 55 55
52
44 47 47
50
40 38
40 33
30 24
20
10
0
WALWEKA BHANDARK
CAMP KONDWA ICC PIMPRI
R AR
MALE 55 55 47 33 47 38
FEMALE 44 24 40 62 52 62
All the customers varied form store to store. As in Camp, Kondwa & ICC
the no. shoppers were male and in Pimpri, Walwekar nagar & Bhandarkar
road there were female shoppers.
Findings
From the analysis of the data I collected during the study I present
following Findings:
Awareness level about TruMart among the existing customers is high but the
Customers think that the variety and the quality of products in the store were
not good.
Minimum percent of customers came to know about the offers through Tele-
calling.
Most of the customers have come to know about the offers through News
papers and Flyers but less amount of customers have came to know through
Tele-calling.
The supply chain management is very weak, which results in products out of
stock.
Most of the customers said that they wanted to add vegetables & fruits counter
in the store.
Recommendations:
From the analysis of the data I collected during the study I present
following
Recommendations:
At all the TruMart s the customers said that the products to be added were
Customers think that the variety and the quality of products in the store was
not good.
Minimum percent of customers came to know about the offers through Tele-
calling.
Tele-calling should be done to the customers to inform them about the new
offers.
should be increased.
STRENGTH
Limited competition.
Quality of service.
Exclusive Products.
Use of modern technology like credit card billing & loyalty progrramme.
WEAKNESS
By making some good promotional efforts TruMart can gain more number of
customers who will be loyal.
THREATS
Competition with big giants like Food Bazaar and Spencer s daily.
Website (www.piramyd.co.in)
QUESTIONNAIRE
TRUMART
Dear Customer,
In an effort to serve you better, we request you to fill in the following
questionnaire.
(Yes/no)
Which: __________________________________________
(Yes/no)
9. How was the overall appearance of the crew members?
(Hair, dressing, body language, communication skill)
(Excellent / good / average / poor)
10. Were the signage s informative?
(Yes/no)
11. How was the visibility and shelf space arrangement of the
store?
(Excellent / good / average / poor)
12. How did you come to know about the offers?
(Flyers / mouth publicity / news paper / Tele-calling)
Other: ___________________________________________.
Name: __________________________________________.
Address: __________________________________________
_________________________________________.
THANK YOU
Photos of TruMart
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