Preview

BIG BAZZAR

Powerful Essays
Open Document
Open Document
1871 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BIG BAZZAR
336 X INDIAN JOURNAL OF APPLIED RESEARCH
Research Paper Marketing Volume : 3 | Issue : 4 | April 2013 | ISSN - 2249-555X
Big Bazaar: A Study of Consumer Behavior towards
Organized Retail
Prof Vineeta Gangal Dr A Kumar
Research Scholar, Bhavnagar University
Department of Business Administration
Bhavnagar University, Bhavnagar – 364002
Keywords Consumer Behaviour, Malls, Retail.
ABSTRACT Purpose: The shopping habits and purchase patterns of the Indian consumer have seen a drastic change in the past decade. This paper aims at identifying the profile of this new Indian consumer, how they purchase, what are the factors that influence their consumer behaviour towards shopping malls and how do they choose their shopping destination. Methodology: We have taken responses from 405 respondents through a questionnaire. The samples were chosen on the basis of their availability at our convenience.
Research Limitations: The major limitation of this research is that it was undertaken in the geographic boundary of the city of Ahmedabad, Gujarat.
Practical Implications: This study will reveal the purchase pattern of the consumers of Big Bazaar. Thereby recommending how can Big Bazaar position itself better in the minds of its consumers and paving a way for further research.
Findings: Our findings were that Big Bazaar’s biggest client base is youngsters, who visit Big Bazaar mainly to shop Cloths and Food Items, and prefer Big Bazaar because of its Low-Price Pricing Strategy.
Introduction
The purchase patterns of consumers related to food items has seen a major shift in developing economies like India. This can be specifically attributed to the increase in disposable incomes, access to global information, urbanization, education and health awareness. (Rao, 2000; Shetty, 2002; Deshingkar et al., 2003; Vepa, 2004; KPMG, 2005; Kaushik, 2005; Kaur and Singh, 2007; Pingali, 2007). Further the development of households towards higher income groups, changes in

You May Also Find These Documents Helpful

  • Powerful Essays

    Abstract The authors examine consumer tensions arising in India’s transitional marketplace. These findings uncover cultural characteristics underlying consumption strategies to address these tensions: the danger and immorality of consumption, the distance and inaccessibility of many newly available products, and the desire for sociality and relationships via consumption. Consumer desires sometimes are in opposition to and sometimes in line with local cultural values and norms such as the frugality ideal and Indian rituals and beliefs. The authors present a typology of resistance strategies, discuss how these impact marketplace transitions, and outline implications for…

    • 13393 Words
    • 39 Pages
    Powerful Essays
  • Powerful Essays

    Big Bazaar, though not the oldest, could truly be called as the harbinger of modern retail revolution to the masses of India. Today, with over 90 stores across the country, it is difficult to miss a Big Bazaar hypermarket store in most of the tier-I and tier-II cities across the country. In the past few years, the group has grown exponentially as can be seen from the fact that today it operates over 1,000 stores under several formats across 53 cities, occupies seven million sq ft of space, and employs over 25,000 people. It has already successfully enhanced individual customer interactions through the new technology platform. With added innovation in marketing, it can transform the consumer experience and revolutionize the retail landscape. And this is just the beginning. Big Bazaar plans to add much more to complete every customer 's shopping experience.…

    • 5680 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    2. The preferred consumer for the study is in between income level of middle class family, mostly first time buyer. Also the preferred consumers are targeted on the basis of different ages of employability like newly employed (22-30 years), well settled (30-60years) and retired (60plus) people.…

    • 472 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    “Food and Grocery Retailing in India – Market Summary & Forecasts”, report, published by Conlumino, provides a detailed analysis of both the historic and forecast market data of food and grocery retail sales across key channels in India. In addition, it provides an overview of changing shopping trends, government policies towards business, the influence of various economic variables on the retail industry, the competitive landscape and detail of key retailers.…

    • 441 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    This is to acknowledge the management of Big Bazaar for having permitted me to under go my research report as part of MBA course.…

    • 5536 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    Project Report in Bigbazaar

    • 11153 Words
    • 45 Pages

    A PROJECT REPORT Submitted in partial fulfillment of the requirement for the Award of the Degree of…

    • 11153 Words
    • 45 Pages
    Satisfactory Essays
  • Good Essays

    Big Bazar Layout

    • 1617 Words
    • 7 Pages

    Big Bazaar is a chain of shopping malls in India currently with 29 outlets, owned by the Pantaloon Group. It works on same the economy model as Wal-Mart and has had considerable success in many Indian cities and small towns. The idea was pioneered by entrepreneur Kishore Biyani, the head of Pantaloon Retail India Ltd.Big Bazaar, the flagship retail chain of the Future Group, is on the verge of achieving a unique milestone in the History of World Retail – by being the first hypermarket format in the globe to rollout fastest 101 stores in a short span of seven years.Big Bazaar’s journey began in October 2001, when the young, first generation entrepreneur Kishore Biyani opened the country’s first hypermarket retail outlet in Kolkatta (then Calcutta). Though, Big Bazaar was started purely as a fashion format including apparel, cosmetics, accessory and general merchandise, the first Food Bazaar format was added as Shop-In-Shop within Big Bazaar in the year 2002. Today, Big Bazaar, with its wide range of products and service offering, reflects the aspirations of millions of Indians.Big Bazaar is not just another hypermarket. It caters to every need of your family. Where Big Bazaar scores over other stores is its value for money proposition for the Indian customers.At Big Bazaar, you will definitely get the best products at the best prices - that’s what we guarantee. With the ever increasing array of private labels, it has opened the doors into the world of fashion and general merchandise including home furnishings, utensils, crockery, cutlery, sports goods and much more at prices that will surprise you. And this is just the beginning. Big Bazaar plans to add much more to complete your shopping expereince.…

    • 1617 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Indian retail sector is witnessing one of the most hectic Marketing activities of all times. The companies are fighting to win the hearts of customer who is God said by the business tycoons. There is always a ‘first mover advantage’ in an upcoming sector. In India, that advantage goes to “BIG BAZAAR”. It has brought about many changes in the buying habits of people. It has created formats, which provide all items under one roof at low rates, or so it claims. In this project, we will study the perception of consumers regarding the success of Big Bazaar.…

    • 15469 Words
    • 62 Pages
    Powerful Essays
  • Good Essays

    Big Bazaar Marketing Mix

    • 707 Words
    • 3 Pages

    The Big Bazaar stores are operational across three formats — hypermarkets spread over 40,000-45,000 sq ft, the Express format over 15,000-20,000 sq ft and the Super Centers set up over 1 lakh sq ft. Currently Big Bazaar operates in over 34 cities and towns across India with 116 stores. Apart from the Metros these stores are also doing well in the tier II cities. These stores are normally located in high traffic areas. Big Bazaar aims at starting…

    • 707 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Big bazar

    • 439 Words
    • 2 Pages

    Big Bazaar is a chain of hypermarket in India, which caters to every family’s needs and requirements. This retail store is a subsidiary of Future group, Pantaloons Retail India Ltd. and is an answer to the United States’ Wal-Mart. Big Bazaar has released the doors for the fashion world, general merchandise like sports goods, cutlery, crockery, utensils, and home furnishings etc. at best economical prices.…

    • 439 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Consumer buying research has turned a new leaf in India. The era of demographics seems to be on the backbench. Now, Marketing Research people are less likely to first ask you about your age, income, and education etc. Instead, there is a distinct shift towards inquiries about attitudes, interests, lifestyles, and behaviour - in short towards a study of consumers' minds called psychographics.…

    • 2399 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    Indian Market Diversity

    • 2660 Words
    • 11 Pages

    In these fast changing times, it becomes imperative for companies reaching out to the Indian market, to catch the pulse of the Indian consumer, to gain a better understanding of the Indian consumer behaviour and to get key insights into issues like:…

    • 2660 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Consumer Durables

    • 715 Words
    • 3 Pages

    Urban markets account for the major share (65 percent) of total revenues in the consumer durables sector in India. Demand in urban markets is likely to increase for nonessential products such as LED TVs, laptops, split ACs and, beauty and wellness products while for rural areas there is a demand for refrigerators and consumer electronic goods. Significant increase in discretionary income and easy financing schemes have led to shortened product replacement cycles and evolving lifestyles where consumer durables, such as ACs and LCD TVs, are perceived as utility…

    • 715 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    ABSTRACT The research was started with the objective to “Study the buying behavior of Women in the city of Chennai”. The research was carried out with the view to analyze the buying behavior of women with respect to the age, marital status, occupation, professional status factors, etc. to identify the decision maker and the influencer for the purchase made by the women. With the set of objectives in mind, a structured – undisguised questionnaire was administered for a sample of 200 women from the few distinct geographical areas of the Chennai city. With the help of the data collected the results were analyzed, tabulated, and interpreted. The inferences were drawn out with the help of the help of statistical analytical tools. From the findings few recommendable suggestions have been opined for the marketers and manufacturers to realize, understand and recognize Women as a lucrative consumer segment and start developing concepts and create products that are women centric, which would reap high growth potentials. Keywords: New Indian Women, Consumer, Shopping Behaviour, Shopping malls, Purchase Pattern, Satisfaction, Marketers, Purchase drive, Buying behavior, Electronic Gadgets, Apparels and Automobile…

    • 298 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Modern Trade

    • 1284 Words
    • 6 Pages

    At Food Bazaar, the food retail supermarket of Indian retail major in India, Pantaloon retail, a new revolution is unfolding. Indian consumers in huge shopping malls with carts overflowing with goods match upto the their counterparts in any part of the developed world. The rise of modern trade, which for now accounts for only 3-4 % ofn the total trade in India, but is estimated to clip a fast growth rate of 30 % per annum has thrown many a opportunities and challenges. Retailers such as Food Bazaar from Pantaloon, Food World from RPG group and Subhiksha stores in Chennai have found themselves in a position of strength vis-a-vis the manufacturers. It is a marked departure from the time when manufacturers called the shots in the entire bargain. “Now with a dedicated shelf space which ensures a captive audience in terms of the foofalls, modern trade is slowly emerging as a new viable channels for the manufacturers,” says Damodar Mall, head of Food Bazaar. Now the relationship between the organised retailer and the fmcg companies is that of engagement rather than superiority. So if Nestle wants shelfspace for Maggi, a ready to eat two minute noodle brand in India in any of the major retail formats, it knows that engagement means sitting with the retailer and chalking out a focussed marketing strategy within the outlets. So specific promotions and discount schemes specific to few retail outlets or restricted to one geographical area are being undertaken by the manufacturers at modern formats. Infact many a fmcg companies are initiated dialogue with retailers for category management, where a brand by virtue of being the largest selling brand on the shelf takes the responsibility of managing the category. Under the initiative, the category leader and the retailer enter into an agreement to manage a particular category. The manufacturer then undertakes activities to promote the category and carry out various activities like shoppers analysis, customer research,…

    • 1284 Words
    • 6 Pages
    Good Essays