Professional Documents
Culture Documents
IN
LILLIPUT KIDS WEAR LIMITED
ON
SESSION: 2006-2009
I would also like to thank my external guide Mr. Rupak Das Gupta (Sr.
Manager), of Lilliput Kids Wear Limited.
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CONTENT
1. Executive summary 3
5. Research Methodology 25
9. Conclusion 50
10. Suggestions 52
11. Bibliography 54
12. Annexure 56
QUESTIONNAIRE 56
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EXECUTIVE SUMMARY
Today’s era is competitive era due to huge competition and high stake value
is changing day by day. Due to this the customer taste and preference are
changing at a very high rate. The culture, value, attitude, taste, & preference
are not stationary. This gives birth to up gradation of technology knowledge
and skills. Most over the preference is given to meet the needs and demands
of the customer i.e. the customer should be satisfied. Hence a continuous
survey is necessary about needs and preferences of the customer.
The aim of this project is to analyze customer taste and relative preferences
of products i.e. apparels, footwear, accessories from Lilliput. To forecast the
future demands of the customer i.e. changes in existing and new coming
products in the market.
The primary data for the study was collected through the Observation and
survey. And the relevant secondary data has been collected from the
information through net and by customer care executives.
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The research study has led to certain findings, including:-
Last but not the least the customers are more satisfied with Brand Image of
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Introduction
A Customer
A customer does us a favor when he comes in. We aren't doing him a favor
by waiting on him.
A customer is not just money in the cash register. He is a human being with
feelings and deserves to be treated with respect.
A customer is a person who comes to us with his needs and his wants. It
is our job to fill them?
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A customer deserves the most courteous attention we can give him. He is
the lifeblood of this and every business. He pays your salary. Without him
we would have to close our doors. Don't ever forget it.
Dissatisfied Customers
Dissatisfied customers are an interesting group. For every one that
complains there are at least 25 who do not. Dissatisfied customers by word
of mouth will tell eight to sixteen others about their dissatisfaction. With the
web some are now telling thousands. 91% of dissatisfied customers never
purchase goods or services from the company again. A prompt effort to
resolve a dissatisfied customer's issue will result in about 85% of them as
repeat customers.
Depending upon the business, new customer sales may cost 4 to 100 times
that of a sale to an existing customer.
One of the ways to help obtain loyal customers is by having products and
services that are so good that there is very little chance that the customer
requirements will not be met
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Customer Satisfaction
Sadly, mature companies often forget or forsake the thing that made them
successful in the first place: a customer-centric business model. They lose
focus on the customer and start focusing on the bottom line and quarterly
results. They look for ways to cut costs or increase revenues, often at the
expense of the customer. They forget that satisfying customer needs and
continuous value innovation is the only path to sustainable growth. This
creates opportunities for new, smaller companies to emulate and improve
upon what made their bigger competitors successful in the first place and
steal their customers.
Customer Loyalty
"It takes a lot less money to increase your retention of current customers
than to find new ones-but I know I don't give it as much effort as I should
because it does take a lot of energy and effort!"
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Strategize And Plan For Loyalty!
If you currently retain 70 percent of your customers and you start a program
to improve that to 80 percent, you'll add an additional 10 percent to your
growth rate.
Particularly because of the high cost of landing new customers versus the
high profitability of a loyal customer base, you might want to reflect upon
your current business strategy.
These four factors will greatly affect your ability to build a loyal customer
base:
When customers aren't happy with your business they usually won't
complain to you - instead, they'll probably complain to just about everyone
else they know - and take their business to your competition next time.
That's why an increasing number of businesses are making follow-up calls
or mailing satisfaction questionnaires after the sale is made. They find that if
they promptly follow up and resolve a customer's complaint, the customer
might be even more likely to do business than the average customer who
didn't have a complaint.
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In many business situations, the customer will have many more interactions
after the sale with technical, service, or customer support people than they
did with the sales people. So if you're serious about retaining customers or
getting referrals, these interactions are the ones that are really going to
matter. They really should be handled with the same attention and focus that
sales calls get because in a way they are sales calls for repeat business.
Send a simple newsletter to your customers-tell them about the great things
that are happening at your firm and include some useful information for
them. Send them copies of any media clippings about your firm. Invite them
to free seminars. The more they know about you, the more they see you as
someone out to help them, the more they know about your
accomplishments-the more loyal a customer they will be.
Concerns of Retailers
Retailers are faced with many issues as they attempt to be successful. The
key issues include:
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important objective for retailers is to identify the products customers will
demand and negotiate with suppliers to obtain these products.
Location – Where to physically locate a retail store may help or hinder store
traffic. Well placed stores with high visibility and easy access, while
possibly commanding higher land usage fees, may hold significantly more
value than lower cost sites that yield less traffic. Understanding the trade-off
between costs and benefits of locations is an important retail decision.
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LILLIPUT KIDS WEAR LIMITED
The journey of Lilliput started way back in 2002, when Mr. Sanjeev
Narula thought of entering into the retail industry to cater to the domestic
market. At that time they foresighted that there weren't any well known
brands catering specifically to the infants, toddlers and kids ranging from
age group of 0-12 yrs. This spark of idea gave fire to launching of a new
brand exclusively for kids, which is now popularly known as “LILLIPUT”.
The first retail outlet came up on 11th August 2002 in Greater Kailash,
New Delhi and since then there was no looking back.
Today it is down with almost 100 outlets all across India with a manpower
exceeding 836.
Our Vision…
Our Mission…
Develop, manufacture, and market high quality and innovative products for
our consumers through efficient use of our resources and in partnership with
our customers.
Our values…
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Value the role in our communities, as a socially and environmentally
committed organization.
International Offices
China
Berlin
Our Products
Apparels
Footwear
Accessories
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ESCALATION MATRIX
GENERAL MGR
REGIONAL MGR
STORE MANAGER
SALES EXECUTIVE
STOCK BOY
HELPER
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ORGANISATION STRUCTURE
SANJEEV NARULA
MANAGING DIRECTOR
EDP
GM ACCOUNTS MANAGER
MANAGER MGR DISPATCH
SENIOR HR & MANAGER
SALES & SALES & MERCHANDISER ADMIN
ACCOUNTS OPERATION OPERATION DEPTT ASSISTANT
ASST. APPARELS SHOES
MANAGER
MANAGER ASSISTANT
ASST. ASST.
MERCHANDISER MGR
BUSINESS G MANAGER ER
ACCOUNTANT
EXECUTIVE HEAD (FOOTWEAR) HELPER
(APPARELS)
EXECUTIVES
REGIONAL REGIONAL
MANAGER MANAGER
STORE STORE
MANAGER MANAGER
SALES SALES
EXECUTIVE EXECUTIVE
HELPER HELPER
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STRENGTH
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WEAKNESS
Distribution Network
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OPPORTUNITIES
Same store format can be used for launching other products too.
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THREATS
Changes in government policy are one of the threats for the retail
company like changing rates on tax.
The competitors like Ginny & Jonnie, Catmoss, and Weekender Kids
are rapidly growing their Brand Image as well as the reputation as the
premier integrated retail services providers.
Many new products have been introduced in the market by the edge
competitors.
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Objective
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PRIMARY OBJECTIVE:
SECONDARY OBJECTIVES:
To find which are the key factors affecting demand in Delhi region.
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Research Methodology
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Research Methodology is a way to systematically solve the research
problem. It may be understood as a science of studying how research is done
scientifically. We can say that research methodology has many dimensions
and research methods constitute a part of the research methodology.
In this project we are attempting to study and analyze the opinion that
customers carry in their mind for different categories of the product.
Therefore, we will concentrate whether customers are satisfied by the
product or not.
To study and find out the maximum information that we can get from the
company about the customer satisfaction, we need a research design or a
plan in advance of data collection and analysis for our research project.
Research Design in fact, has a great bearing on the reliability of the results
arrived at and as such constitutes the firm foundation of the entire edifice of
the research work.
Data Collection:
Sources of Data:
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a) Primary Data
b) Secondary Data
Primary Data:
Data obtain from the first hand by the researcher is called as Primary Data.
In this method the trainee personally collects the data through interviews,
discussions and interactions or by using the questionnaire method. In my
case I have used the questionnaire method.
Secondary Data:
The secondary Data is readily available and compiled data from the
statistical statements report etc. the data can be obtained from either
published or non published sources. I have taken secondary Data from the
internet (company website).
Research Approach:
Research Instrument:
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It is the tool used to collect data from the sample. Researcher has a choice of
mainly one research instrument that can help to find out the primary data.
Questionnaire:
Sampling Plan:
All the items under consideration in any field of enquiry constitute a total
population. A complete enumeration of all items in the population is known
as a census enquiry. It can be assumed that in such an enquiry when all items
are covered no element of chance is left and highest accuracy is obtained.
But in practice this may be not be true since the elements of bias are
increased as a number of observations are increased. This type of enquiry
involves a great deal of time and money.
Sampling:
Sampling is used to collect primary data when the sources of data are far too
many to be exhaustively handled. According to Yule, a well known
statistician the object of sampling is to get the maximum information about
the parent population with the minimum effort. Sampling saves costing time.
The sample size for research was 30 people.
Sample Unit:
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Lilliput Stores from Delhi in southern region.
Geographical Coverage:
Delhi.
Terminology in Sampling
1. Population or Universe:
2. Sample:
3. Parameter:
4. Statistic:
5. Precision:
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It is the degree of closeness between a statistic and a parameter. It is a
direct outcome of two qualities of a sample.
a. It’s Representativeness.
b. It’s Stability.
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Sampling Techniques
SAMPLING
TECHNIQUES
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Probability Sampling:
The non probability samples do not allow the researchers to determine the
probability. For sampling purposes the researchers decided to implement the
non probability sampling techniques.
a. Convenience Sampling:
b. Judgment Sampling:
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Presentation and Analysis of data:
The data used therein has been collected through the questionnaire technique
as well as the observation method. The questions asked, from the customers
were structured and close ended. The required information was derived from
the discussions that followed. The researcher has selected the stores of
Lilliput as her universe, which comprises of 30 people. As for the
observation method the researcher has observed a total of 30 people opinion
and thereof collected the required data.
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Data Presentation and analysis
SHOPPING PERIOD
NONE OF
THESE
18%
YEARLY
3%
HALF
YEARLY QUATERLY
9% 70%
INTERPRETATION:
From the above graph it is clear that shopping is done Quarterly, having
70%, followed by None of these which included Monthly and Weekly 18%,
Half Yearly 9% and Yearly 3%.
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GRAPH B: AWARENESS:
AWARENESS
WINDOW
SHOPPING,
18
20
15
RELATIVES
10 ADVERTISE / FRIENDS,
MENTS, 5 6
5 OTHERS, 1
0
ADVERTISEMENTS
RELATIVES / WINDOW OTHERS
FRIENDS SHOPPING
INTERPRETATION:
When 18 out of 30 customers asked about the Awareness about the Lilliput
replied by Window Shopping, 6 replied by Relatives/ Friends, 5 by
Advertisement and 1 by Others.
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GRAPH C: OTHER BRANDS POPULARITY:
QUES 3: Which other brands you have heard about except Lilliput?
CATMOSS
33%
INTERPRETATION:
During the survey, 34% respondents replied awareness for Ginny & Jonny,
33% respondents replied for Catmoss, 33% respondents replied for
Weekender Kids and 0% respondents replied for none of these,
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GRAPH D: RATE THE SERVICES:
BELOW
AVERAGE,
0 AVERAGE,
4
GOOD, 20
EXECELLEN
T, 6
0 5 10 15 20 25
NO. OF CUSTOMERS
INTERPRETATION:
During the procedure of rating of services, much of the customers were
satisfied by it.
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GRAPH E: SHOPPING FROM LILLIPUT:
FREQUENT
LY
77%
INTERPRETATION:
From the above graph it is clear that 77% respondents rated shopping from
Lilliput as Frequently, followed by 20% as Always, 3% as Rarely and 0% as
Never.
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GRAPH F: RESPONSE FROM LILLIPUT:
NEVER
RARELY 0%
7% ALWAYS
33%
FREQUENT
LY
60%
INTERPRETATION:
During the survey it was found that 60% of the customers rated Response
from Lilliput as Frequently, 33% as Always, 7% as Rarely, and 0% as
Never.
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GRAPH G: COST OFFERED:
YES NO TOTAL
23 07 30
COST OFFERED
NO NO, 7
RATING
YES YES, 23
0 5 10 15 20 25
NO.OF CUSTOMERS
INTERPRETATION:
It is clear from the graph that from the sample size of 30 respondents, 23
replied for the cost offered as Yes they were satisfied and 7 of them were not
satisfied.
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GRAPH H: RESPONSE FOR QUALITY AND COLOR
COMBINATION:
QUES 8: Are you satisfied with the Quality and Color combination?
SOMETIME
ALWAYS
S
50%
50%
INTERPRETATION:
According to the survey it is clear that 50% of the respondents are Always
satisfied by quality and color combination and 50% are Sometimes satisfied.
There is no response for Rarely and Never.
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GRAPH I: SALES STAFF CAPABILITY:
20
NO.OF CUSTOMER
16
15
11
10
5 3
0
0
RATING
INTERPRETATION:
The researcher found that 16 customers rated sales staff capability for
understanding their needs as Often, followed by 11 customers as Always, 3
as Sometimes and no one responded for Never.
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GRAPH J: RESPONSE FOR NEW ACCESSORIES:
QUES 10: Are you satisfied with the new accessories launched by
Lilliput recently?
YES NO TOTAL
22 08 30
NO
27%
YES
73%
YES NO
INTERPRETATION:
It is clear from the graph that, 73% of the customers are quite satisfied by
the new accessories launched by Lilliput and 27% are not.
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GRAPH K: CUSTOMER CARE SERVICES:
QUES 11: Are customer care services provided by Lilliput able to solve
the problems faced by you?
OFTEN
60%
INTERPRETATION:
When asked from the customers about the services provided by the customer
care, 60% respondents as Often, 37% as Always and 3% as Rarely and 0%
as Never.
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Observations and findings:
It was found that about 60% of the customer came to know about
Lilliput by window shopping. After that they came to know by
relatives and advertisements.
The customers are quite satisfied with the Services, Quality and Color
Combination of the Apparels.
50% of the customers are satisfied with the cost offered by Lilliput but
50% needs improvements in it.
Over and all “Lilliput” carries a quite good brand image in the market.
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Limitations:
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CONCLUSION:
On the basis of data collected and analytical study made it is found that the
company needs to cut down their cost, more stuff are to be introduced for the
infants.
During the research it was also found that they need more colours for the
girls and party wear dresses should not be just limited on synthetic clothes.
Last but not the least Lilliput maintains its brand image and are in a high
demand by the customers.
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Suggestions:
The customers demands for more colors for girls other than pink and
white.
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Bibliography
Books:
Websites:
www.lilliput-india.com
www.google.com
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QUESTIONNAIRE
Q3. Which other brands you have heard about except Lilliput?
Q7. Are you satisfied by the cost offered by Lilliput on its products?
a) Yes b) No
Q8. Are you satisfied with the Quality and Color Combination?
a) Always b) Sometimes c) Rarely d) Never
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Q11. Are customer care services provided by Lilliput able to
solve the problems faced by you?
a) Always b) Often c) Rarely d) Never
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